AFRICAN STARTUPS MORNING WIRE
ISSUE OF
The overnight wire, every weekday morning — the raises, launches and exits the desk judged in.
Hecto launches a tokenized pre-IPO instrument on Canton, Clueso raises $10 million for AI video, and Satlyt secures USD 8 million for
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Hecto Launches Private Markets on Canton with $NEOPRIME, the First Tokenized Pre-IPO Exposure Token
$NEOPRIME gives onchain investors backed exposure to a basket of America’s frontier private industrial companies. Erebor, the hard-tech bank, is the first position. Dubai, UAE Hecto, the private-markets infrastructure firm, today brought private markets onchain on the Canton Network with the launch of the first private market exposure (PMX) token. The instrument, $NEOPRIME, is [...]
Why it matters: Hecto's launch of $NEOPRIME on the Canton Network offers onchain investors direct exposure to a basket of American frontier private industrial companies
techfinancials.co.za · 14 October
Clueso Raises $10 Million To Turn Business Videos into Self-Updating Enterprise Assets
Clueso's $10 million Series A funding supports the expansion of its AI platform, enabling businesses to produce and update training and marketing videos more
norvanreports.com · 14 October
Satlyt, started by a Kenyan engineer, raises USD 8 million for AI on satellites
Satlyt's USD 8 million raise allows the Kenyan-American founded startup to advance its technology for running artificial intelligence directly on satellites.
tech-ish.com · 14 October