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

TechCrunch

With a large fish deficit and retail prices reaching $5 per kilo, Victory Farm says it uses technology to produce more fish and drive down costs simultaneously for the thousands of market women who buy fish in small batches to cook and sell in local food markets. billion fish deficit. The company recorded a 130% CAGR between 2017 to 2021.

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YC W22 batch nets 24 African startups, including 18 from Nigeria

TechCrunch

He teamed up with John Dada two years later to build Curacel, a fraud detection system for health companies at the time. Quick thoughts : Innovation in Africa’s B2B e-commerce and retail space has been around the digitization of processes and BNPL services, but not much around cash overdependence and fraud. Simplifyd Systems.

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Accacia tackles the real estate industry’s massive carbon emissions problem

TechCrunch

Accacia gives large property owners a way to track their carbon impact in real-time by integrating with ERPs and property management systems like Yardi. Accacia’s platform can track carbon emissions from all investment asset classes, including commercial, retail, multi-family housing and data centers. A B Capital.

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Mushroom protein company Meati Foods opens ‘mega’ facility; closes $22M in new funding

TechCrunch

Tyler Huggins, co-founder and CEO of Meati Foods, told TechCrunch that the company wasn’t actively seeking additional capital, but had decided to keep the Series C round open due to additional investor interest. There was more interest than room in the $150 million round, so we continued to keep it open,” he said. “We

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Nigeria’s Indicina raises $3M to help businesses offer credit to their customers at scale

TechCrunch

For years, Africa’s credit infrastructure has lagged behind the rest of the world due to low credit coverage from its bureaus. But while big corporates and high net worth individuals have no issues accessing loans from banks in Nigeria, retail and SME segments are somewhat neglected at scale.

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Fetcherr raises $12.5M to dynamically price airfare with algorithms

TechCrunch

Roy Cohen believes that there’s a severe underinvestment in tech within the airline industry, with airlines continuing to rely on legacy systems and outdated infrastructures that date back decades. “Fetcherr predicts demand using real-time, sophisticated models and automatically provides pricing recommendations.”

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Building a stronger supply chain through automation

CIO

Today’s technology leaders must deeply understand their organization’s financial health, from top-line revenue to net income. For those unfamiliar with Peavey Industries and Peavey Mart , we’re a 100% Canadian- and employee-owned retailer dedicated to serving farmers and ranchers with more than 90 stores across the country.