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Press Release: Impact Startup betteries Secures €2.1 Million Seed Funding to Upcycle Electric Vehicle (EV) Batteries and to Avert Climate Change
Impact startup betteries upcycles 2nd life electric vehicle (EV) batteries to accelerate the transition to renewables and is well positioned to deliver scalable CO2 savings and protect scarce resources.
- Categories
- Energy, Environment, Technology, Transportation
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Uganda’s Tugende Closes $3.6 Million Series A Extension to Meet the Demand for Its Asset Finance Products
The investment, which, according to the company, was agreed on and structured in 2020, follows the $6.3 million raised in November 2020 and led by Toyota Tsusho investment fund Mobility 54. This brings Tugende’s total Series A financing to $9.9 million.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- MSMEs, transportation
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Co-Creating a More Equitable World: The Transformative Benefits of Participatory Design
Technology is often designed for people — not with them or by them. Participatory design, says Sher Vogel of MIT D-Lab, is meant to change that. She explores how the method, which actively involves end-users in the design process, can produce products that are better aligned to people’s needs, while also building the skills and confidence of participants. Vogel explains how the process can be applied to business, technology and humanitarian aid, summarizes some challenges it can present, and shares links to upcoming MIT D-Lab courses that can provide a framework.
- Categories
- Technology, WASH
- Tags
- innovation, product design
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Vietnam Launches First Autonomous Vehicle
The vehicle boasts AI features including 3D maps, Lidar sensors, simultaneous localisation and mapping technology, and incorporates machine and deep learning within its software
- Categories
- Technology, Transportation
- Region
- South Asia
- Tags
- e-mobility, transportation
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Uganda’s Space Program Starts Taking Shape
Uganda is set to launch its first satellite in outer space in a national space program by 2022 a revelation which was initially made in November 2019 by the ministry of science, technology, and innovations (MoSTI).
- Categories
- Technology
- Region
- Sub-Saharan Africa
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COVID-Era Innovations With Long-Term Impact: How the Pandemic Is Changing Investment in Frontier Markets
Africa's growing middle class, rapid urbanization and leapfrogging innovations have drawn substantial investor interest. But as Kristin Kelly Jangraw of USAID INVEST points out, high transaction costs, small deal sizes and risk (both real and perceived) have kept many investors on the sidelines. Though COVID-19 lockdowns have increased these challenges, she explores how the pandemic has also brought innovations that could have lasting positive effects on the industry and the region – including new tools for virtual due diligence and deal-making.
- Categories
- Coronavirus, Investing, Technology
- Tags
- COVID-19, impact investing
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Fashion for Good Consortium Pilots Resource Efficient Cotton Farming
Fashion for Good launches a new, two-year pilot project in collaboration with leading brands Kering and PVH Corp., and leading global textile manufacturer Arvind Limited to pilot a radically resource-efficient cotton farming technology provided by Fashion for Good innovator, Materra (formerly hydroCotton).
- Categories
- Agriculture, Technology
- Tags
- agtech
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Press Release: Nuvemshop Raises $90 Million as It Catalyzes E-Commerce and Entrepreneurship Across Latin America
With tremendous momentum over the past year, Nuvemshop tripled its customer base and has been a key enabler of commerce in the region. Latin America is not only a huge market (with over 650 million consumers), it is now the fastest growing e-commerce market in the world, reaching $85 billion in total sales.
- Categories
- Technology
- Region
- Latin America
- Tags
- e-commerce
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