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Berlin’s Kaiko Systems nets €2M to help maritime technical operations go paperless

TechCrunch

Maritime shipping, argued Fabian Fussek, CEO and co-founder of Kaiko Systems, is the “last frontier of digitzation.” ” Kaiko Systems is a Berlin-based startup trying to digitize operations on commercial vessels. But some sectors have been left behind.

.Net 199
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Freshworks lays off 660 — about 13 percent of its global workforce — despite strong earnings, profits

CIO

CEO Dennis Woodside said in an analyst call to discuss the earnings that Freshworks “ended the quarter with more than 69,600 total customers with a net add of more than 800 customers.” We shifted a number of technical resources in Q3 to further invest in the EX business as part of this strategic review process.

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5 tips for better business value from gen AI

CIO

A second area is improving data quality and integrating systems for marketing departments, then tracking how these changes impact marketing metrics. The CIO and CMO partnership must ensure seamless system integration and data sharing, enhancing insights and decision-making.

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Shinkei Systems’ AI-guided fish harvesting is more humane and less wasteful

TechCrunch

There’s a far superior alternative, but it’s time-consuming and manual — but Shinkei Systems has figured out a way to automate it, even on the deck of a moving boat and has landed $1.3 That is, unless you automate it, which is what Shinkei Systems has done. Image Credits: Shinkei Systems.

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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. Promises include : In agency banking — a branchless banking system where agents act like human ATMs — liquidity problems abound that affect how these agents withdraw and deposit cash for their customers.

.Net 228
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6 investors discuss why AI is more than just a buzzword in biotech

TechCrunch

Boston Consulting Group (BCG) partner Chris Meier reported in the March 22 Issue of Nature Reviews Drug Discovery that 24 “AI native” drug discovery companies have a combined 160 disclosed discovery programs. Y Combinator has been a net positive force in driving innovative experimentation at the early stages of company development.

Biotech 242
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Kenya-based aquaculture tech Victory Farms nets $5M funding to expand into new markets

TechCrunch

“This allows us to innovate and create more cost-effective solutions through our systems and the power of data to deliver a better, fresher product to more consumers.”. Victory Farms claims to have one of the highest margin structures in the fishing industry globally due to its technology.