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500 Global, GIZ establish bootcamp for accelerators in Africa to help them define sustainable business models

TechCrunch

Silicon-Valley based VC firm 500 Global and German’s economic development agency Gesellschaft fu?r r Internationale Zusammenarbeit (GIZ) will train managers of leading accelerators in Africa over the next two years, to help them establish sustainable business models that commandeer greater influence in their ecosystems.

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Hong Kong accelerator Brinc raises $30M Series B

TechCrunch

In addition to the Series B participation, Animoca will also be investing $100 million directly into startups through Brinc, in a manner similar to a VC fund.

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Energy Dome uses CO2 for long-term power storage for solar energy

TechCrunch

Electricity is returned to the grid and the CO 2 reinflates the dome without emissions to the atmosphere, ready for the next charging cycle. The system has up to 200 MWh in storage capacity.

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The biggest moonshots from 500 Global’s latest Demo Day

TechCrunch

This morning marked the kickoff of VC firm 500 Global’s Fall 2022 Demo Day, which saw over a dozen startups give their best pitches to prospective investors — and customers. Participants ran the gamut from fintech and sustainability to edtech and developer tools, and several stood out from the rest of the pack.

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Extra Crunch roundup: StockX EC-1, Early Stage recaps, unpacking Alkami’s IPO, more

TechCrunch

Giving EV batteries a second life for sustainability and profit. Instead of sending batteries straight to recycling for raw material recovery — and leaving unrealized value on the table — startups and automakers are finding ways to reuse batteries as part of a small and growing market. How to get into a startup accelerator.

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Extra Crunch roundup: 500 Startups’ demo day, smart SaaS pricing and much more

TechCrunch

Demo days at startup accelerators are a pretty big deal around here. These events aren’t just a chance to review the latest cohort of hopeful entrepreneurs — they also showcase the technology, products and services that will compete for VC and consumer attention over the next few years.

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Ycombinator - Where unicorns are born

Don Dodge

None of the local VC firms invested. from Sequoia Capital and have gone on to raise over $1 Billion from VC investors. Classic VC funding is a well-understood model. It has never been easier to start a company, but it has never been harder to build a sustainable business. They got their initial funding of $1.2M