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14 climate tech investors share their H1 2022 strategies

TechCrunch

Last year, round sizes for climate tech startups quadrupled, with more than 600 investments totaling over $40 billion. What is your climate tech investment thesis in H1 2022? I see it as a net positive that I don’t think there’s enough capital that we could put towards this to really find the underlying true issues here.

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

TechCrunch

After completing his MBA program, he got to work on a three-month aquacultural project in Ghana, which ultimately led to a three-year role where he became CFO of an Accra-based farm. “I We run a tech-enabled platform and have scaled 2x faster than any other African fish company. Joseph Rehmann founded Victory Farms in 2015.

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Tech stocks manage modest rally after lackluster US jobs report

TechCrunch

Update: Tech stocks have given up all gains since this post went up, with both the Nasdaq and the basket of software stocks we track in the red. The relationship between economic news and the value of technology stocks has been a fun puzzle in recent months. You know, because tech is a big part of the present-day economy.

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Daily Crunch: Falling short of analysts’ estimates, Warner Bros. Discovery posts $2.1B net loss for Q4 2022

TechCrunch

Startups and VC The truth of the matter is that Mobile World Congress (MWC) was never a consumer tech show, per se, but the participation of various smartphone makers transformed it into a handy launching pad. In the face of conscripted co-founders and blacked-out bunkers, Ukraine’s tech industry marches on. Big Tech Inc.

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6 investors discuss why AI is more than just a buzzword in biotech

TechCrunch

VCs are also increasingly looking for what biotech startups can do with AI beyond just R&D and are wary of companies that use the technology as a marketing tool. We also see AI being used in the biologics space, although the technology is used there far earlier. Where else can AI play a role in health tech?

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Why Nigeria leads the way in YC’s participation in Africa

TechCrunch

YC W22 batch nets 24 African startups, including 18 from Nigeria. The ample optimism in Nigeria’s tech community and belief that better days are ahead are unsurprising, despite questions around investors’ due diligence and the eyebrow-raising valuations of some of the nation’s startups.

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‘Insane’ — UK tech reacts to government moves that might hand UK startups contract to Barclays Bank

TechCrunch

Tech Nation is trailing in second place in the race to remain the U.K.’s First in line at this point in time — in a decision which is due in December — is banking giant Barclays. Tech Nation’s existing government funding runs until March 2023. Tech Nation has long been embedded in the U.K. tech startup scene.