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Seedstars, Fondation Botnar launch new fund to back African startups focused on youth wellbeing Jun 20, 2023

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Seedstars Capital and Swiss philanthropic foundation Fondation Botnar have launched Seedstars Youth Wellbeing Ventures, a $20 million investment mandate targeting early-stage startups in Africa that are focused on improving the wellbeing of people below 30 years in low-and-middle-income countries.

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Gladia turns any audio into text in near real time Jun 20, 2023

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Meet Gladia, a French AI startup that wants to change how companies interact with audio data. The company develops an audio transcription application programming interface (API) that you can integrate with other products and is supposed to work much better than what’s available out there. And this tech foundation unlocks new use cases around audio.

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Luminoah’s quest to reinvent tube feeding attracts new funding Jun 20, 2023

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Luminoah has reinvented a tube feeding device that’s more portable, discreet, and easy to use, and it has raised $6 million dollars.

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Glystn enables creators to mass reply to multiple followers across social media platforms Jun 19, 2023

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Glystn is a tool for content creators that allows them to engage with followers and read/answer comments from multiple social media platforms all in one place.

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Wargraphs, a gaming startup with only one employee and no outside funding, sells for $54M Jun 19, 2023

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Competition appears to be alive and well in another (smaller) area of gaming: modding and analytics.

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European startups still have a long way to go to achieve gender parity Jun 16, 2023

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According to a new study from Sista and the Boston Consulting Group, women are still underrepresented in the European tech ecosystem.

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ChrysCapital invests $100 million in India’s Lenskart Jun 15, 2023

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ChrysCapital has invested $100 million in Lenskart, the two said Thursday, pushing the Asian eyewear startup’s raise to $850 million in the past year. The Indian venture firm is buying shares worth $100 million into the Bengaluru-headquartered startup through both primary and secondary transactions, the two said. The new investment follows Abu Dhabi Investment AuthoritY.

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Deepchecks snags $14M seed to continuously validate ML models Jun 15, 2023

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As companies increasingly rely on machine learning models, it’s imperative that they continuously check the models to make sure they are working as intended and that the data is valid, unbiased and not corrupted in any way. Deepchecks, an Israeli startup has come up with a solution to continuously test models from development through production.

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Kaya Founders backs Philippines startups from “Day 0” Jun 14, 2023

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The Philippines’ startup ecosystem is poised for strong growth, thanks to the country’s rising GDP, fast adoption of online services and a new generation of founders. Launched by tech and investment veterans, Kaya Founders wants to back the most promising startups from the very beginning. The venture firm announced today that it has closed $12.

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Finfra lets Indonesian businesses add embedded finance to their platforms Jun 14, 2023

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Finfra, an Indonesian startup that provides the tech infrastructure for online businesses that want to offer embedded finance products, has raised $1 million in new funding. The round included participation from DSX Ventures, Seedstars International Ventures, Cento Ventures, Fintech Nation, FirstPick, BADideas Fund and Hustle Fund. The startup’s new funding will be used on product.

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