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Kenya-based aquaculture tech Victory Farms nets $5M funding to expand into new markets

TechCrunch

In 2015, Rehmann teamed up with his longtime business partner Steve Moran to explore Lake Victoria and perform some feasibility studies on how they could use technology to disrupt the country’s cold chain markets. They raised an angel round to start Victory Farms before launching in mid-2016 to serve a market with about a $1.5

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YC W22 batch nets 24 African startups, including 18 from Nigeria

TechCrunch

Given Sudan’s very nascent tech ecosystem — Bloom is the country’s second venture-backed startup in over 30 years and YC’s first in the country — it’ll be interesting to see if the startup, with heavyweight founders, can achieve success and open up the Sudanese tech ecosystem. Founded in: 2016.

.Net 228
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Is Technical Debt Keeping You Stuck in a World of Legacy Applications?

Datavail

The term “technical debt” refers to the “debt” an organization must pay-off in the future because of the shortcuts they took during software development projects that were easier or faster than the correct ways following industry standards and best practices. Technical debt is a growing problem for businesses of all sizes and industries.

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Bloomreach raises $150M on $900M valuation and acquires Exponea

TechCrunch

It also gains 250 net new customers, giving it a total of 750. “We have a common vision and common sort of product direction. […] Both companies are data-driven optimization technologies[…] and both are entrepreneurial product-driven companies,” he said.

eCommerce 258
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Better.com CEO Vishal Garg returns to work amid controversy regarding his leadership

TechCrunch

After a month-long “ break ,” Better.com CEO Vishal Garg is back at the helm of the mortgage tech company he co-founded in 2016, according to an internal memo that circulated today that has been shared with TechCrunch. You are a bunch of DUMB DOLPHINS and…DUMB DOLPHINS get caught in nets and eaten by sharks. SO STOP IT.

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12 famous ERP disasters, dustups and disappointments

CIO

million year-on-year drop in gross profit for the quarter following the go-live was primarily due to the ERP problem. That meant a decline in sales across the board, inefficiencies in processing and shipping, and an inability to increase prices in line with costs, leading to a $5 million drop in net profit in the quarter.

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Fed Tech Roundup December 7

CTOvision

The following are some of the hot topics in the federal technology ecosystem (from FedTechTicker.com and TopTechTicker.com ): Fed Tech Ticker. The Megatrend of Robotics: An update for technology decision-makers. New Relic (NEWR), Carahsoft Technology Enter Distribution Agreement - StreetInsider.com. 23 - FCW.com.