Former NASA aerospace engineer and future Blue Origin astronaut Aisha Bowe has raised $2.5 million for LINGO, her EdTech company focused on enhancing STEM education. This funding round, led by Pinnacle Private Ventures LLC, is a step towards a venture capital aimed at supporting women and minority-led startups. Expanding Access to STEM Education LINGO offers project-based coding kits and curricula designed for students aged 13 and up, covering subjects such as artificial intelligence, space systems, and environmental monitoring. The funding will enable LINGO to expand its reach, scaling programs that
Moniepoint, a Nigeria-based fintech company, has successfully raised $110 million in a Series C funding round. This raise gives the company a valuation of at least $1 billion for the first time, according to the Financial Times. The financing was led by Development Partners International’s African Development Partners III (ADP III) fund, with participation from investors such as Google’s Africa Investment Fund, Verod Capital, and Lightrock. Strategic Focus on Business Banking and Financial Access Founded in 2015 by Tosin Eniolorunda and Felix Ike, Moniepoint originally launched as TeamApt. The company
Fashion tech startup Aesthetic has unveiled its AI platform, Alma, which promises to transform social media shopping by enabling users to identify and purchase clothing directly from social media posts. Often described as a “Shazam for clothes,” Alma uses proprietary AI to analyze visuals and offer direct shopping links, allowing users to easily browse and buy items featured on Instagram and, soon, TikTok. Aesthetic’s New Social Commerce Tool Gains Early Momentum Aesthetic’s launch follows a beta phase, during which Alma drew over 80,000 users to its waitlist. The AI concierge,
MaC Venture Capital, a venture capital firm known for its focus on seed-stage investments, has successfully raised $150 million for its third fund, as first reported by Fortune. This latest fundraising round brings the firm’s total assets under management to $600 million, a remarkable achievement for the five-year-old firm founded by Marlon Nichols, Adrian Fenty, and Mike Palank. Strategic Growth and Investment Focus The infusion of $150 million allows MaC to increase its initial investment size to $2-3 million per startup, up from its previous average of $1.5 million in
AI-enhanced search engines from Google, Microsoft, and Perplexity have been surfacing debunked and racist research claiming genetic superiority of white people over other racial groups, according to Wired. This trend, revealed through investigative work by Hope Not Hate, a UK-based anti-racism organization, has added to concerns about racial bias and radicalization in AI-powered search. AI Search Results Show Discredited Research Patrik Hermansson, a researcher with anti-racism group Hope Not Hate, was investigating the resurgence of scientific racism when he found that AI-driven search engines often promote discredited “race science.” When
This week on Techish, Michael and TechCrunch’s Dominic-Madori dive into how new technologies are affecting privacy, Apple’s take on AI limits, and new media’s role in politics with elections around the corner. They also chat about how consumer habits are shaking up companies like Starbucks and wrap up with a look at the reparations debate. Doxing Strangers With Meta’s Smart Glasses (00:00) Apple Dunks on Large Language Models (06:50) The Podcast Election: How New Media Is Shaping the Trump-Harris Election (11:05) Starbucks is struggling (23:35) UK Prime Minister Says No
Earthbond, a Nigerian startup that helps small and medium-sized businesses (SMBs) go solar, has raised $200,000 in pre-seed funding from Madica, an Africa-focused investment firm. The funding will help Earthbond expand its solar services to more businesses, offering a cleaner and more affordable energy option as Nigeria faces rising fuel prices. Making Solar Power More Accessible Founded in 2023 by Chidalu Onyenso, Earthbond connects businesses with solar power providers, including installers and loan options, to make adopting solar energy easier and more affordable. Onyenso, a Harvard MBA and experienced product
Megan Garcia has filed a lawsuit against Character.AI following the death of her 14-year-old son, Sewell Setzer III. Sewell, an Orlando, Florida, teen, reportedly grew attached to a chatbot he named “Dany,” modeled after Daenerys Targaryen from Game of Thrones. Garcia alleges that her son’s obsessive use of the chatbot, coupled with the app’s addictive design, contributed to his mental health struggles, ultimately leading to his suicide. AI Chatbot “Daenerys” Became Son’s Closest Confidant Character.AI, an interactive chatbot platform, lets users design or select lifelike personas with which to communicate.
Thousands of creatives, including figures like author Malorie Blackman, a British author who is famous for her award winning Noughts & Crosses series, actresses Rosario Dawson and Liza Colón-Zayas and Suits actor, Wendell Pierce have united to oppose the use of their artistic works for training AI systems without permission. The statement, signed by over 11,500 artists, musicians, authors, and actors, calls for stronger protections against the unauthorized use of copyrighted content by AI developers. Signatories also include major record labels—Universal Music Group, Sony Music Entertainment, and Warner Music Group—along
Four-time GRAMMY® Award-winning producer Timbaland has joined Suno, a leading AI music creation platform, as a strategic advisor. This collaboration comes after months of Timbaland actively using Suno. Love Again Remix Contest To mark the beginning of this partnership, Timbaland previewed his latest single, “Love Again,” exclusively on Suno, inviting artists from around the world to participate in a remix contest. The contest, launching 24 hours after the announcement, will offer over $100,000 in prizes, with Timbaland himself providing feedback on submissions. The top two remixes will then be released on major streaming platforms,
