Friday, 24 March, 2023

African company Instadeep raises $100M in funding

<p>BioNTech, Google, and Deutsche Bahn are among the companies that have invested in InstaDeep, an African-founded company. The company, which is now based in London, announced that it raised $100M in funding from investors, allowing it to expand into the US. The precise amount invested by each company was not disclosed. InstaDeep leverages AI to improve electronics manufacturing, logistics, and biotechnology research.</p>