Here are Africa’s biggest startups based on valuation
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Here are Africa’s biggest startups based on valuation

Last year, funding into African startups edged past $2 billion, returning to pre-pandemic levels and presenting a mixed bag as expected. Signs suggest 2025 will follow the cautious trends of the past two years. A sharp decline in mega-deals, mirroring global venture capital tightening since the boom of 2020-2021, pushed local and international investors to […]Last year, funding into African startups edged past $2 billion, returning to pre-pandemic levels and presenting a mixed bag as expected. Signs suggest 2025 will follow the cautious trends of the past two years. A sharp decline in mega-deals, mirroring global venture capital tightening since the boom of 2020-2021, pushed local and international investors to[#item_full_content]

Javice found guilty of defrauding JPMorgan in $175M startup purchase
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Javice found guilty of defrauding JPMorgan in $175M startup purchase

Charlie Javice, the founder of student loan application startup Frank that was purchased by JP Morgan for $175 million, was found guilty on Friday of defrauding the bank by greatly inflating the customer count. After a five-week trial, the jury found Javice guilty, agreeing with prosecutors’ claims that she fabricated the vast majority of Frank’s […]Charlie Javice, the founder of student loan application startup Frank that was purchased by JP Morgan for $175 million, was found guilty on Friday of defrauding the bank by greatly inflating the customer count. After a five-week trial, the jury found Javice guilty, agreeing with prosecutors’ claims that she fabricated the vast majority of Frank’s[#item_full_content]

Startups Weekly: Mercury more than doubled its valuation, and other news
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Startups Weekly: Mercury more than doubled its valuation, and other news

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week reminded us that creative accounting doesn’t only happen in Hollywood. Some hopes were dashed, but startups are delivering on all sorts of promises, from nuclear […]Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week reminded us that creative accounting doesn’t only happen in Hollywood. Some hopes were dashed, but startups are delivering on all sorts of promises, from nuclear[#item_full_content]

Lucid to ramp customer deliveries for Gravity SUV by end of April
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Lucid to ramp customer deliveries for Gravity SUV by end of April

Lucid Motors plans to resume customer deliveries for its new all-electric Gravity SUV at the end of April. Getting the Gravity into customer hands is a big milestone for Lucid, whose success will hinge on being able to offer vehicle types popular with American drivers. The Gravity is Lucid’s second vehicle and its first SUV […]Lucid Motors plans to resume customer deliveries for its new all-electric Gravity SUV at the end of April. Getting the Gravity into customer hands is a big milestone for Lucid, whose success will hinge on being able to offer vehicle types popular with American drivers. The Gravity is Lucid’s second vehicle and its first SUV[#item_full_content]

OpenAI is aiming for AGI but landing on Studio Ghibli
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OpenAI is aiming for AGI but landing on Studio Ghibli

OpenAI is reportedly nearing completion of a massive $40 billion funding round, with SoftBank leading the way. But this week, it wasn’t just the company funding news making headlines — its new image generator went live in ChatGPT, with capabilities including the ability to turn ordinary images into Studio Ghibli-style animation stills. While AI-generated art […]OpenAI is reportedly nearing completion of a massive $40 billion funding round, with SoftBank leading the way. But this week, it wasn’t just the company funding news making headlines — its new image generator went live in ChatGPT, with capabilities including the ability to turn ordinary images into Studio Ghibli-style animation stills. While AI-generated art[#item_full_content]

Certification platform Certiverse nabs $11M Series A led by Cherryrock
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Certification platform Certiverse nabs $11M Series A led by Cherryrock

Certification platform Certiverse raised an $11 million Series A led by Cherryrock Capital, it announced this week. The company was founded by Ruben Garcia, Pablo Meyer, and Federico Lopez in 2023. It lets organizations develop certification exams at, its founders say, far less cost than traditional methods.  Certifications are an age-old method to gain technical […]Certification platform Certiverse raised an $11 million Series A led by Cherryrock Capital, it announced this week. The company was founded by Ruben Garcia, Pablo Meyer, and Federico Lopez in 2023. It lets organizations develop certification exams at, its founders say, far less cost than traditional methods.  Certifications are an age-old method to gain technical[#item_full_content]

Enhanced 6D pose estimation method promises better robotic object handling
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Recent work in 6D object pose estimation holds significant promise for advancing robotics, augmented reality (AR), virtual reality (VR), as well as autonomous navigation. The research, published in the International Journal of Computational Science and Engineering, introduces a method that enhances the accuracy, generalization, and efficiency of determining an object’s rotation and translation from a single image. This could significantly improve robots’ ability to interact with objects, especially in dynamic or obstructed environments.Recent work in 6D object pose estimation holds significant promise for advancing robotics, augmented reality (AR), virtual reality (VR), as well as autonomous navigation. The research, published in the International Journal of Computational Science and Engineering, introduces a method that enhances the accuracy, generalization, and efficiency of determining an object’s rotation and translation from a single image. This could significantly improve robots’ ability to interact with objects, especially in dynamic or obstructed environments.Robotics[#item_full_content]

BAFT AI autosave system can cut training losses by 98%on March 27, 2025 at 4:49 pm
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A research collaboration between Shanghai Jiao Tong University, Shanghai Qi Zhi Institution, and Huawei Technologies has introduced BAFT, a cutting-edge autosave system for AI training that minimizes downtime and optimizes efficiency.A research collaboration between Shanghai Jiao Tong University, Shanghai Qi Zhi Institution, and Huawei Technologies has introduced BAFT, a cutting-edge autosave system for AI training that minimizes downtime and optimizes efficiency.[#item_full_content]

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