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The Next Wave: Why African VC is still on an upward march

HAVAÍC’s Rob Heath takes the long view to unpack the perceived downturn in African Venture Capital (VC) funding. Here’s what the data really means and what the future holds for this burgeoning alternative asset class in Africa. ....

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Kuda provides funding opportunities for startups

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Kuda Technologies has said it is opening up new funding opportunities for startups.
It said this on Tuesday in a statement titled ‘ Target Global and Kuda host startup founders in Nigeria, open up new funding opportunities’.
It said Target Global, a Berlin-based international venture capital firm with over 1.5 billion euros in assets under management, recently brought together founders of several Nigerian startups and local tech investors at an interactive session in Lagos, Nigeria.
According to the statement, Kuda Technologies is Target Global’s first investment in Africa, which is a proof that early-stage Nigerian startups are attracting foreign direct investment. ....

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Dabbel gets $4.4M to cut CO2 by automating HVAC for commercial buildings – TechCrunch

Dabbel gets $4.4M to cut CO2 by automating HVAC control for commercial buildings
Düsseldorf-based proptech startup Dabbel is using AI to drive energy efficiency savings in commercial buildings.
It’s developed cloud-based self-learning building management software that plugs into the existing building management systems (BMS) taking over control of heating and cooling systems in a way that’s more dynamic than legacy systems based on fixed set-point resets.
Dabbel says its AI considers factors such as building orientation and thermal insulation, and reviews calibration decisions every five minutes meaning it can respond dynamically to changes in outdoor and indoor conditions. ....

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