Ovom Care, a pioneering German startup in the fertility sector, recently closed €4.8 million ($5.1 million) in seed funding to expand its services across Europe, according to Tech Funding News. Led by an all-female founding team, Ovom Care is at the forefront of integrating empathetic reproductive healthcare by using a combination of generative AI and computer vision. This investment round, led by Alpha Intelligence Capital and supported by Ananda Impact Ventures and Merantix, makes the company’s total funding €6.1 million ($6.5 million). The startup is set to open its first clinic in Portugal by late 2024,
Latinas & Power Corp. has announced the launch and expansion of the Latinas in Leadership Institute (LiLi), an initiative to empower Latina professionals and entrepreneurs across Connecticut, Massachusetts, and beyond. The six-month virtual leadership and advocacy certificate program is tailored for Latina professionals and community leaders in their early to mid-career stages. Empowering Through Diversity and Inclusion LiLi stands out by integrating participants from diverse sectors, including private, academic, government, and non-profit grassroots organizations. This approach fosters a rich exchange of perspectives and ideas, enhancing the learning experience and contributing
BuuPass, Kenya’s leading provider of digital travel solutions, has acquired QuickBus, increasing its status as the largest intercity transport booking platform in Africa. Expansion and Innovation By integrating QuickBus’s extensive network, which includes over 5,200 intercity routes across Nigeria and South Africa, BuuPass has broadened its service offerings. This expansion brings an additional 5,000 routes to BuuPass’s platform, pushing its monthly active user accounts to 650,000. The integration also includes onboarding over 100 bus operators and having high-profile online distribution partnerships with major African corporations like FNB, Voda, and MTN. Digital Transformation
FKA Twigs has been developing an AI-powered version of herself, designed to interact with fans and journalists online. The British singer testified before Senate Judiciary Subcommittee on Intellectual Property on Tuesday, calling for regulation to protect artists. AI Twigs: Revolutionizing Artist-Fan Engagement FKA Twigs recently announced the creation of her deepfake, a digital persona aptly named “AI Twigs.” “In the past year, I have developed my own deepfake version of myself that is not only trained in my personality but also can use my exact tone of voice to speak
People of color are more likely to work irregular and prolonged hours, contributing to long-term health issues, according to a new study by Wen-Jui Han, a professor at NYU Silver School of Social Work. Even among Black professionals and other minorities in office jobs, Han tells Fortune, there’s a pressure to work longer hours to succeed. Long, irregular work hours Han’s study utilized data from the 1979 National Longitudinal Survey of Youth, which tracked over 7,000 U.S. workers from age 22 to 50. She found that employees, especially people of color,
A high school athletic director in Baltimore has been accused of using AI to impersonate a principal on an audio recording that included racist and antisemitic comments, authorities said on Thursday. The principal was placed on leave and had police outside his home after he received hate-filled messages and death threats over the fake recoridng. What Happened? Dazhon Darien, a 31-year-old high school athletic director in Maryland, reportedly created the AI audio recording to retaliate against Pikesville High School’s principal Eric Eisworth. Eisworth was investigating Darien over allegations that he
Nigeria’s Chowdeck, an on-demand delivery platform, has raised $2.5 million in seed funding to fuel its growth. Chowdeck With households in Nigeria spending nearly 60% of their income on food and the rise of online shopping, Chowdeck aims to make its mark in the space. The platform was founded by Femi Aluko, Olumide Ojo, and Landre Yusuf to offer consumers the option of ordering food and delivering it within an average of 30 minutes. “Ordering food in Nigeria would usually take one or two hours,” Aluko said as he described how his trip to Dubai was one
Venita Cooper and Vincent Sanders have created an AI-powered sneaker resale price-prediction startup – Arbit. According to their website, Arbit is the only price prediction model designed to empower sneaker buyers to get fair prices in the resell market. They collect real-time prices from trusted sites, providing pricing insights and trend analysis that allows users to shop prices on one app. Arbit’s Journey Cooper’s passion for sneaker culture began in 2019 when she opened Silhouette Sneakers and Art in Tulsa, which attracted attention from Brian Brackeen in 2021. After more than four years in the business, Cooper announced
Toro Taxes and Trez, two Latine-owned companies, have formed a strategic partnership to better deliver their services to Latine entrepreneurs across the U.S. The Partnership The Latine market represents nearly 19% of the country’s population and continues to be the fastest-growing demographic in the US. Toro Taxes, the largest Hispanic tax preparation and business services franchise in the U.S., operates over 200 locations nationwide. Trez, a specialized payroll and benefits platform designed for the Latine community, will serve as the primary platform for onboarding the Toro Taxes’ clients onto the
Black-owned AI analytics platform AI Squared has announced a $13.8 million Series A funding round led by Ansa Capital with participation from Latimer Ventures, NEA and Ridgeline. AI Squared As investments in AI increase, data science teams in businesses and governments are looking to implement AI models that can utilize more value from their data to improve decision-making. AI Squared, founded in 2019 by Benjamin Harvey, PhD, helps organizations deliver data and AI insights into their business applications. The company estimates that up to 90% of AI models enterprises develop do not make it
