In pop culture, AI is often associated with a terrifying rise of the machines and a dystopia in which only the fittest, handsomest humans survive. To wit: Facebook AI bots, “Bob” and “Alice,” were quickly shut down after they started using their own language to communicate with each other. “Sizing the Prize,” from PwC flips that image
The Oslo-based tech accelerator supports startups addressing social and environmental issues through artificial intelligence, virtual reality, blockchain and the internet of things. Twelve ventures were selected from as many countries from 1,000 applicants. The ventures include BEAD from Turkey, which helps commercial building operators manage energy consumption; Agrieye from Ukraine, which uses drones, the cloud and
Members of the Toniic impact investing network sourced and made a half-dozen impact investments through the platform so far this year. Toniic members make a variety of deals across asset classes. The early-stage deals sourced through the network’s platform include the good business browser extension DoneGood, electric scooter sharing startup Emmy and food waste firm InspiraFarms.
Populous and/or aging countries like India are turning to machines to supplement a shortage of human healthcare and eldercare workers. Touchkin, based in Bangalore, has raised $1.3 million to develop its chatbot Wysa, a mobile service with predictive algorithms to detect age-related disorders. The founders see Wysa as a virtual therapist for the elderly that
Big investors and big ticket sizes are matching the big “alternative protein” opportunity as growing incomes and populations drive demand for protein. With the meat industry contributing nearly one-fifth of global greenhouse gases, there’s a rush on for less resource-intensive, healthier alternatives. Redwood City-based Impossible has raised more than $300 million to date for its “juicy”
Twiga, a logistics company and tech platform, has become one of Kenya’s largest distributors of basic food items. The company, launched in 2014, buys produce from Kenyan farmers and delivers it to urban markets and kiosks to improve Nairobi’s informal produce economy, handling more than 4,000 orders a week for bananas alone. Informal vendors account for nearly
Greetings, ImpactAlpha readers! #Dealflow: Follow the Money Twiga Foods raises $10.3 million to connect Kenyan farmers and vendors.Twiga, a logistics company and tech platform, has become one of Kenya’s largest distributors of basic food items. The company, launched in 2014, buys produce from Kenyan farmers and delivers it to urban markets and kiosks to improve Nairobi’s