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Upp wants to add more broccoli to the plant-protein mix using big automation

TechCrunch

based agtech startup that’s using computer vision AI plus farm-sized proprietary machinery to expand crop yields. “They’ve using a depth-sensing camera with the 3D piece in it to determine the size of that head. What is automation good for?

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Social AI Platform Chai reaches 100M+ Chats, Strategic CoreWeave investment announced

American Entrepreneurship

But the race is on, and the social AI platform Chai feels they are right in the mix to succeed. The two plus year old startup founded by William Beauchamp in 2021 just announced that CoreWeave , the leading specialized GPU cloud provider, is investing in Chai.

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Serial fintech founder raises $20M for Ant Money to make micro-investing even more accessible

TechCrunch

Serial fintech entrepreneur Walter Cruttenden founded Acorns with his son, Jeff, in 2012 with the goal of helping low- and middle-income households invest and save responsibly. The pair wanted to simplify investing for the millions that have trouble getting started or continuing to invest.

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At just 2.1% of all VC investment, funding for women remains ‘meh’ in Q1 2023

TechCrunch

Companies with all female-founding teams raised about $800 million, or 2.1%, out of the estimated $37 billion invested in U.S. startups in Q1 2023, according to PitchBook. Once again measured in dollars raised, mixed-gender teams also saw their venture totals decline on a year-over-year basis, raising $7 billion in Q1 2023.

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Cameroon’s Ejara raises $2M to offer crypto and investment services in Francophone Africa

TechCrunch

While countries with currently unstable currencies like the naira are seeing immense usage, other regions using the CFA franc have sparse adoption. A region of more than 200 million people using the CFA franc, Francophone Africa is one of the most crypto-friendly markets in Africa. CoinShares Ventures and Anthemis Group led the round.

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Y Combinator, 500 Startups, Plug and Play invest in Odiggo’s $2.2M seed round

TechCrunch

Egypt and Dubai-based auto tech startup Odiggo is a platform addressing this problem. The rosters of existing investors participating in the round are Y Combinator, 500 Startups, and Plug and Play Ventures. A commission-based model is used and Odiggo charges the car suppliers 20% commission on every transaction.

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5 Tips on Angel Investing from Veterans in this Space

Angel Capital Association

Unlike traditional lending, angel investment is seldom tied to collateral, college degrees, or other assets that some entrepreneurs don’t have access to. For investors themselves, angel investing is a mix of exhilaration and caution. I may see a deal that doesn’t meet my criteria, or I can’t invest in it for some other reason.