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Uolo raises $22.5m to provide affordable online education in India
Indian-based EdTech startup Uolo has raised $22.5 million in Series A funding. Uolo will use the fund to expand its reach to 50,000 Indian schools within four years. Founded in September 2020, Uolo has reached 3.7 million students through its collaboration with over 8,500 schools. The startup offers affordable customized courses in coding and English…
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Chicago-based startup raises $40m to help companies recruit top talent
Chicago-based recruiting startup Hunt Club has raised $40 million in Series B funding. The company plans to use the fund to expand its businesses nationwide and upgrade its technology to continue helping companies find the right talent. The startup’s primary goal is to connect innovative companies with great candidates. The Hunt Club community comprises over…
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Oda — Norwegian online grocery delivery startup raises $151 million
Oda, a Norwegian-based grocery delivery startup, has raised $151 million (NOK1.5 billion) in funding despite the tough market condition. During the peak of the COVID-19 pandemic, people needed a service to deliver groceries right to their doors due to limited mobility. As one of the earliest players in the niche, Oda’s services soared in popularity…
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Swiss startup Loft Dynamics raises $20 million to solve global pilot shortage
Swiss VR simulation startup Loft Dynamics — formerly known as VRM Switzerland — has raised $20 million in funding to solve the global pilot shortage. During the COVID-19 pandemic, many pilots could not fly due to international travel restrictions. Some pilots then decided to retire early or change careers, worsening the situation with demand exceeding…
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OpenAI’s newly released ChatGPT re-sparks debate on AI risks
ChatGPT, a chatbot developed by the American company OpenAI, has re-sparked a debate on the risks of artificial intelligence (AI) technologies. Chatbots like ChatGPT can create an impression of having thoughts and trick people into thinking they give credible information. The public has voiced concerns that the AI technology behind chatbots can be misused to…
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Zoe raises $30 million to offer personalized nutrition services
Nutrition analytics startup Zoe has raised $30 million in funding to offer personalized nutrition services to individual users worldwide. Zoe received a spotlight during the COVID-19 pandemic as its platform provided early data on the spread of the disease, its symptoms and post-infection effects. Since COVID-19 have become more manageable, Zoe has returned to its…
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Kenyan startup raises $2.1m to make smartphones accessible to Africans
Kenyan re-commerce startup Badili has raised $2.1 million in pre-seed funding to provide affordable smartphones in Africa, a fast-growing smartphone market. Although smartphones are essential in the era of the digital economy, many Africans struggle to afford a new unit due to low income. The Communications Authority of Kenya recently revealed that although smartphone penetration…
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Cerebras partners with Cirrascale to make generative AI more inclusive
American tech startup Cerebras Systems has partnered with Cirrascale Cloud Services to make generative AI technology more inclusive. The partnership focuses on developing a Large Language Model (LLM), a generative AI tool that can mimic human communication. It can read, outline, translate and even predict future texts. According to Cerebras CEO Andrew Feldman, LLM does…
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Cameroon’s Ejara raises $8 million to ‘democratize’ financial products
Cameroonian fintech startup Ejara has raised $8 million in Series A funding to “democratize” access to financial products in French-speaking African countries. Founded two years ago, Ejara provides a blockchain wallet service to its users. Ejara users can purchase, sell, trade and keep crypto assets using the Ejara wallet. Ejara co-founders Nelly Chatue-Diop and Baptiste…
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Indonesian startup raises $13M to help content creators build brands
Indonesian-based startup TipTip has raised $13 million in Series A funding to help Southeast Asian content creators build their brands. Founded in October 2021, TipTip offers a platform for talents like musicians, painters and chefs who want to expand their communities. TipTip also helps these talents monetize their content through direct sales. TipTip founder Albert…