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Kenya-based aquaculture tech Victory Farms nets $5M funding to expand into new markets

TechCrunch

In 2015, Rehmann teamed up with his longtime business partner Steve Moran to explore Lake Victoria and perform some feasibility studies on how they could use technology to disrupt the country’s cold chain markets. We run a tech-enabled platform and have scaled 2x faster than any other African fish company. billion fish deficit.

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CISOs Take Note — Don't Let AI Adoption Outpace Due Diligence

Palo Alto Networks

{{interview_audio_title}} 00:00 00:00 Volume Slider 10s 10s 10s 10s Seek Slider “AI’s Impact in Cybersecurity” is a blog series based on interviews with a variety of experts at Palo Alto Networks and Unit 42 with roles in AI research, product management, consulting, engineering and more. is never a rhetorical question.

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Backbone nabs $14M for supply chain software inspired by mesh networks

TechCrunch

Vic Patil thinks the solution lies in a “mesh” — specifically what he calls a “supply mesh,” inspired by the way wireless mesh networks function. Backbone today announced that it raised $14 million in seed funding from Nautilus Ventures, 12/12 Ventures, and individual investors to prove out its technology.

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6 investors discuss why AI is more than just a buzzword in biotech

TechCrunch

VCs are also increasingly looking for what biotech startups can do with AI beyond just R&D and are wary of companies that use the technology as a marketing tool. We also see AI being used in the biologics space, although the technology is used there far earlier. Where else can AI play a role in health tech?

Biotech 242
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Nigerian founders-turn-investors are now running syndicate funds

TechCrunch

.” Here, Future Africa acts as the syndicate lead sourcing investments, conducting due diligence, and securing allocations for investors called backers. Like Aboyeji, two other Nigerian tech entrepreneurs — Bosun Tijani and Jason Njoku — have also launched syndicate funds within the past year.

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Opendoor alums raise $7.75M for Kindred, a home-swapping network it says makes travel ‘dramatically more affordable’

TechCrunch

Palefsky started at the real estate tech company in 2015 when it had just 30 employees. Kindred’s members-only model works by creating a network for exchanging homes. The idea is that the network is a “trusted” one so that members can feel comfortable in swapping homes. And the network is invite-only.

Travel 239
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Data-driven iteration helped China’s Genki Forest become a $6B beverage giant in 5 years

TechCrunch

Creative use of the country’s networked manufacturing and logistics hubs make mass production both cheap and easy. It was just a matter of time until an intrepid Chinese entrepreneur with a tech background decided to take on Coca-Cola and PepsiCo. China is also home to one of the world’s largest e-commerce and tech ecosystems.