News Snapshot:
US venture capital firm SOSV has named the 10 startups that received nearly US$150,000 in seed funding as part of its cross-border internet program. William Bao Bean, general partner at SOSV / Photo credit: SOSV The startups chosen for this cohort aim to tackle issues ranging from food security for Africa to offering lending solutions for the unbanked. They aim to provide services such as creating virtual influencers, building crypto-asset infrastructure for banks, and developing speech recognition that “far exceeds” Google’s capabilities. “The ubiquity of smartphones, social commerce, and consumers hungry for new experiences make Asia and Africa both fertile...
