New post Thank you for 2021. Expecting a bigger you in 2022 Read More

Artificial IntelligenceStartups

Kenya AI startup raises pre-seed round

1 Mins read

EchoVC announced its recent investment in, an artificial intelligence startup that offers an automated responsible AI platform to support enterprises that build and deploy AI systems., an AI startup based in Amsterdam,Netherlands and Nairobi, Kenya, mission is to build more inclusive technologies and eliminate  bias by building a distributed and diverse workforce. APX, The Dale Mathias, TheContinent Venture Partners, Fine Day Ventures, and Arch Capital also participated in the pre-seed round. was founded by Layla Li and Sonali Sanghrajka. has developed many AI driven solutions and algorithmic software that enables large enterprises in healthcare, financial services, and the public sector to understand and mitigate AI bias and risks. 

The pandemic has no doubt spurred investments in AI across many industries. According to CB Insights’ AI in Numbers 2021 Q2 reports, more than $20 billion was invested into different AI startups across the globe with US and China leading the race. By 2024, investment is expected to reach an estimate of $110 billion.

Related posts

Tanzanian Software company, Ramani, secures $32 million to develop new products

2 Mins read
Tanzania-based software company, Ramani, has secured $32 million in its equity and dept financing round. Ramani, which is a YC Combinator backed…

Pivo, a Nigerian fintech startup, raises $2m to build new products and expand to East Africa

2 Mins read
Nigerian fintech startup, Pivo, has completed its seed funding round, raising $2 million, the startup said. Pivo, which had raised $550,000 in…
Foreign startupsNewsStartups

India Healthcare startup Sukoon raises $15 Mn from Lightrock India.

1 Mins read
Therapeutic behavioral health platform Sukoon Healthcare has secured an investment of $15 million from Lightrock India. The fund has given Lightrock a…
Get powered up with Techpadi Newsletter

Be the first to know what's happening in the African tech space

Leave a Reply