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Nigerian agritech startup Releaf secures $4.2M to scale its food processing technology

TechCrunch

Pan-African focused venture capital firms Samurai Incubate Africa, Future Africa and Consonance Investment Managers led the round. The Americans of Nigerian descent toured across 20 states and studied different value chains for crops spotting inefficiencies that could be solved by technology. million in seed towards this effort.

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NJEDA Board Approves Two Programs to Advance New Jersey’s Leadership in Artificial Intelligence

American Entrepreneurship

March 18, 2025) Last week, the New Jersey Economic Development Authority (NJEDA) Board approved the creation of the Next New Jersey Program – AI and the AI Innovation Challenge Administration Grant Program. For more information, including additional eligibility requirements, click here.

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New Startup Accelerator for Battery Innovation Accepting Applications

American Entrepreneurship

The cluster was federally designated as a battery innovation Tech Hub by the Economic Development Administration (EDA) in support of New York State’s commitment to pioneer critical energy storage technologies. The Binghamton region is internationally recognized for its expertise in energy storage.

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New Jersey announces $10M seed fund aimed at Black and Latinx founders

TechCrunch

The Black and Latinx Seed Fund will be administered by the New Economic Development Authority (NJEDA). NJEDA CEO Tim Sullivan said based on research conducted by the state, that New Jersey is the first state in the nation to develop this type of fund. Disclosure: Verizon is TechCrunch’s parent company ).

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Surging homegrown talent and VC spark Italy’s tech renaissance

TechCrunch

Indeed, the Italian Ministry of Economic Development and the Italian Trade & Investment Agency in London have even been known to fund Italian entrepreneurs abroad to help them gain more experience. We are sector-agnostic in our approach, and we invest both in B2B and B2C tech/digital companies from various industries.

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Environmental solutions firm RiKarbon chooses to continue growing in Newark, Delaware

American Entrepreneurship

an early-stage company specializing in developing innovative technologies for carbon capture and utilization, has chosen to continue growing in its hometown of Newark, Delaware, with an expansion from its Delaware Technology Park incubator space to nearby Delaware Industrial Park. October 23, 2023 ) – RiKarbon Inc. ,

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Governor Murphy Cuts the Ribbon at HAX Flagship U.S. HQ in Newark

American Entrepreneurship

May 1, 2024) – Yesterday, Governor Phil Murphy, Newark Mayor Ras Baraka, and the New Jersey Economic Development Authority (NJEDA) joined company leaders to cut the ribbon on HAX, LLC’s newly constructed United States flagship headquarters located at 707 Broad Street in Newark. headquarters.