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Rwandan startup Ampersand raises $3 5M, largest-ever e-mobility investment in sub-Saharan Africa
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Startup Funding: March 2021
Self-driving vehicles revved up investors in March, with two companies receiving over $200M apiece as they prepare for their systems to enter mass production. One focuses on software for passenger vehicles, while the other is looking to autonomous trucks. Both of the companies received investment from automakers, with China’s largest carmaker SAIC joining each of the funding rounds. It was also a good month for startups making chips for AI acceleration, with four companies from seed to Series D stages raising funds. Plus, two companies are looking to shake up the memory and storage space with some unique solutions. This month, we take a look at 24 startups that collectively raised over $1.3B.
SENTRY announces seed stage investment from Factor[e] Ventures and SKion Water
Strategic partnership will help scale real-time bioelectrode sensor platform for monitoring and optimizing water and wastewater treatment.
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CHARLOTTETOWN, PE, FORT COLLINS, Colo. and BAD HOMBURG, Germany, April 6, 2021 /PRNewswire/ When things go wrong with wastewater treatment, they have the potential to go horrifically, viscerally, stenchingly and expensively wrong. And this happens far too often because plant operators just don t have good, real-time data.
A water technology team focused on making the world better through smarter decisions in water and wastewater treatment, SENTRY is solving that problem at scale with biofilm-based water quality sensors and real-time actionable information. It s a low-complexity, reliable solution that will de-stress and support operators who want to optimize wastewater treatment.
SENTRY announces seed stage investment from Factor[e] Ventures and SKion Water
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Daily Monitor
Tuesday February 16 2021
Farmers in rural areas have limited access to technology to grow, harvest, and process crops which restricts their potential income. PHOTO/FILE
Summary
Growing agribusinesses and smallholder farmers need modern energy to thrive, but lack the technical knowledge, financing to access energy services,
Bamuturaki Musinguzi writes.
A new study shows that lack of robust energy services in Africa’s agriculture sector is a major obstacle to the sector’s growth.
Agriculture and agribusiness together are projected to be a $1 trillion industry in Sub-Saharan Africa by 2030, and access to sustainable energy should be at the top of the agenda for the sector’s transformation.
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