Gig Wage, Dallas-based payments platform for the gig economy, has relaunched with a $8.25 million Series A funding extension, bringing total funding to $20.2 million. The company is also rolling out new tools designed to streamline payroll and benefits for independent contractors. A Fresh Start After Challenges Gig Wage’s latest funding round includes new investors Discover, Motley Fool, and Chartline Capital Partners, with additional support from existing backers like Green Dot and Foundry Group. The funding comes after a challenging period for the company, which had to rebuild its platform
Ada Ventures, a prominent early-stage venture capital firm, has launched AdaGPT, an AI tool designed to assist startup founders in perfecting their pitch decks. The free and anonymous platform promises to provide instant feedback on pitches, helping entrepreneurs address potential gaps and align their materials with investor expectations before formal submissions. Addressing the Challenges of Pitch Feedback The traditional startup pitching process often leaves founders waiting for extended periods, only to receive feedback that may highlight fundamental errors. AdaGPT seeks to eliminate this inefficiency by offering immediate, actionable insights. Founders
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,
Kendall Hamilton, a highly ranked Rocket League player, and his mother, Dr. Gigi, are leading an initiative that has supported young Black gamers in securing over $150,000 in Name, Image, and Likeness (NIL) deals. Together, they founded Game Changer Academy, an organization dedicated to helping young Black gamers use their skills for financial and professional growth. Game Changer Academy: Turning Gaming Skills Into Opportunities Game Changer Academy emerged from Kendall Hamilton’s own journey in competitive gaming according to a press release. Initially, his mother, Dr. Gigi—a licensed psychotherapist and organizational
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
On the Oct. 18 premiere of Shark Tank’s 16th season, Destin George Bell, 26, pitched his gamified fitness app, Card.io, securing a $150,000 investment from FUBU founder Daymond John and venture capitalist Rashaun Williams. The app, which launched in 2022, combines fitness tracking with a social, team-based game experience, transforming outdoor workouts into competitive turf battles. Card.io has already attracted a following of over 25,000 users across 70 countries. Bringing Gamified Fitness to a Global Audience Inspired by his struggle to stay motivated during the pandemic, Bell created Card.io to
Venture capital firm Fearless Fund has announced a seven-figure investment in Zimi, an emerging e-commerce platform. Zimi, co-founded by Audrey Djiya and Peter Nsaka, specializes in inventory management, storage, and logistics to help businesses in emerging markets, particularly Africa, expand globally. This latest investment reaffirms Fearless Fund’s continued commitment to supporting underresourced founders, including women of color, following its year-long legal battle with the American Alliance for Equal Rights (AAER) over its grant program for Black women founders. Fearless Fund Backs Zimi Zimi launched in August with the goal of
A group of former Revolut employees has launched LiveFlow, an AI-driven accounting startup that aims to streamline financial workflows while ensuring accountants remain central to the process. As enterprise software increasingly automates manual accounting tasks, LiveFlow seeks to strike a balance between technology and human expertise. Founded by Lasse Kalkar and Anita Koimur, both of whom held senior positions at Revolut, LiveFlow raised a $13.5 million Series A led by Valar Ventures, with plans to expand in the U.S. The startup leverages AI to automate the synchronization of financial data
Warp, a payroll startup based in New York, has distanced itself from an individual associated with its brand after a series of racist posts on X (formerly Twitter). The controversy began when an account using the name “Vittorio,” who had a Warp affiliate badge, made derogatory comments favoring white superiority. The post, which quickly sparked outrage, read, “I like White people more, they do more… I’ll let Blacks run and play basketball.” The affiliate badge linked to Vittorio’s profile suggested an official connection to Warp, a startup focused on automating
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,
