California-based ApertureData has closed its oversubscribed seed round at $8.25million for a purpose-built database for multimodal Artificial Intelligence (AI). In the race to adopt multimodal AI systems capable of processing, understanding, and generating text, videos, and images, enterprises are running into a “data crisis”. They have plenty of data assets to work with, but most…
Start-ups in Nigeria and other parts of Africa have announced a total of $138 millions’ worth of $100k+ deals last month, if equity (89per cent), debt (nine per cent) and grants (two per cent) are included in the deal. This is slightly below the average raised monthly in the previous 12 months ($159million/month). A total…
WORLD’s largest podcast distribution platform Podeo has announced a $5.4million funding round to support podcasters overcome the discoverability challenge. The Series A funding round was led by Oraseya Capital (the VC arm of Dubai Integrated Economic Zones Authority) with participation from Ibtikar Fund, Cedar Mundi Ventures, Samarium, iSME, and returning investor Razor Capital. There are…
Africa’s leading all-inclusive PR management platform, SquirrelPR, will host a specialized session at the highly anticipated #StartupSouth9 Conference. This session aims to empower startups from the South-South and Southeast regions with actionable, cost-effective public relations strategies to help them grow their businesses. This year’s conference, with: “Deep & Broad: Extending Frontiers of Technology and Economic…
