Moxxie Ventures

BasiGo is proud to announce that we have successfully raised $42 Million in capital to further our mission to electrify public transport in Africa! The funding is led by a $24 Million Series A equity round led by Africa50 Infrastructure Investment Platform , one of Africa’s premier African investment funds backed by African Development Bank Group and 29 African governments. The Series A also features new investment from SBI Investment  and follow-on investment from Novastar Ventures, CFAO Kenya, mobility54, Trucks Venture Capital, Moxxie Ventures, and Susquehanna Foundation.  The Series A funding satisfies a key commitment to unlocking the $10 million loan facility from the U.S. International Development Finance Corporation (DFC) for BasiGo Kenya. It also unlocks an additional $7.5 million debt facility from British International Investment (BII) to scale BasiGo’s E-bus deployments in Rwanda. BasiGo is honored to have the support of marquee investors committed to long-term sustainable development on the African continent. This capital raise represents one of the largest investments into E-mobility in Africa to date.  The funding will go directly towards our goal of delivering 1,000 Electric Buses in East Africa in the next 3 years. #Roadto1000  Together with our investors, we are committed to making Africa a global leader in affordable, low-carbon public transport. Read more here: https://bitly.cx/4QVx #BasiGoDelivers #SeriesAfunding #Emobility #ElectrifyingPublicTransport

Matthew, Alex and I are incredibly excited to announce that we’ve raised $5M to kickstart Pharos (YC S24)! We’re building AI to help the teams responsible for patient safety in hospitals - automating complex manual reporting and showing them where and why avoidable harm is happening. Matthew Jones and I have been deploying AI into hospitals for more than five years. We’ve always believed that AI has huge potential to protect patients and free up clinical time, and over the years, it became clear to us that hospital quality teams are best placed to realize that potential. When Alex Clarke joined the team, he helped us understand how hard it is for those teams to get value from data today. As an MD, he saw thousands of clinical hours spent on chart abstraction for reporting and quality improvement. Even with all that work, teams see data for a small subset of their patient population and get that data weeks after patient discharge. Our mission is to unlock the power of data for hospital quality teams, giving them back time and helping them protect patients. Pharos uses AI to pull quality registry variables, process adherence measures and patient safety indicators from structured and unstructured medical data. We automate the reporting they spend so much time on today and let them measure what’s happening live instead of waiting weeks for manual abstraction. We feel so fortunate to have found an amazing group of investors who share that vision: Pharos’ $5M seed round is led by Felicis (Ryan I. and Sundeep Peechu), with participation from Moxxie Ventures (Katie Jacobs Stanton and Alex Roetter), General Catalyst (Reva Nohria and Tamanna Khemani) and angel investors Kevin Stumpf (CTO of Tecton), Andy Pai (CEO of Finbox Inc.), Robin Choy (CEO of HireSweet), Kulveer Taggar (CEO of Zeus Living), Mark Monterastelli (CEO of Learning Health, Inc.) as well as Y Combinator Thanks to Marina Temkin, CFA for her great TechCrunch writeup! Click the link in the comments to read more about Pharos and our mission; and if you know anyone in hospital quality who’s struggling with access to data, please tell them we want to help ❤️🩹

With about 4,000 startups in the Amsterdam ecosystem, we’re honored to be among the top 10. Year three on WIRED's hottest European startups list and we just keep getting hotter. 🔥 Here’s why: The electrical grid is the backbone of the global energy transformation, and it’s under unprecedented strain. EVs, data centers, and heat pumps are growing at a breakneck pace. Extreme weather events and wildfires are putting lives at risk and threatening critical grid infrastructure. We need a resilient grid now more than ever. Trees falling or growing into power lines is the single greatest cause of power outages and catastrophic wildfires, but we’re combining remote sensing data and AI to help utilities predict and mitigate those vegetation-related risks before they ever materialize. 🌳 Read more in the WIRED article: https://lnkd.in/gBQd-_hU We’re based in Amsterdam, but our team is spread across 12 countries, speaks 15 languages, and is represented by 16 nationalities. We’re rooted in diversity (just like the ecosystems we’re working to protect), and our team is growing. Join us: https://lnkd.in/gk6G-wwZ

BasiGo is proud to announce that we have successfully raised $42 Million in capital to further our mission to electrify public transport in Africa! The funding is led by a $24 Million Series A equity round led by Africa50 Infrastructure Investment Platform , one of Africa’s premier African investment funds backed by African Development Bank Group and 29 African governments. The Series A also features new investment from SBI Investment  and follow-on investment from Novastar Ventures, CFAO Kenya, mobility54, Trucks Venture Capital, Moxxie Ventures, and Susquehanna Foundation.  The Series A funding satisfies a key commitment to unlocking the $10 million loan facility from the U.S. International Development Finance Corporation (DFC) for BasiGo Kenya. It also unlocks an additional $7.5 million debt facility from British International Investment (BII) to scale BasiGo’s E-bus deployments in Rwanda. BasiGo is honored to have the support of marquee investors committed to long-term sustainable development on the African continent. This capital raise represents one of the largest investments into E-mobility in Africa to date.  The funding will go directly towards our goal of delivering 1,000 Electric Buses in East Africa in the next 3 years. #Roadto1000  Together with our investors, we are committed to making Africa a global leader in affordable, low-carbon public transport. Read more here: https://bitly.cx/4QVx #BasiGoDelivers #SeriesAfunding #Emobility #ElectrifyingPublicTransport

It was great to be on this AI panel with: - Vanessa Larco, partner at New Enterprise Associates (NEA) - Naomi Pilosof Ionita, partner at Menlo Ventures - Renata Quintini, cofounder of Renegade Partners Thanks to SomosVC for organizing this wonderful event. And thanks to Joanna Lichter for inviting me. cc: Katie Jacobs Stanton, Alex Roetter, Moxxie Ventures

An epic start to 48Hrs in the Valley with the 2024 Fellows cohort today! A bike ride across Golden Gate Bridge, followed by dinner and a fireside chat with Mike Wessinger, co-founder and executive chairman of PointClickCare. Very excited for the next 48 hours with this amazing cohort! Adauris Agentnoon Blanka Bounce Cascade Debt CruxOCM Cybrid Endor Health Friendlier GoVeyance Hyper Kento Health MarineLabs NiaHealth Numr CXM Optimotive Rhenti Rootd Swap Robotics Taiv TeamLinkt Tengiva Ubenwa Health Unified.to Youthfully Zown #C100Fellows