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Gjii Tactic s $11M raise shows even when cryptocurrencies are down companies still need to countem up
8 ^! H/ `' m% j6 f& y1 ^: M Outside of AI, few startups have drawn venture investments like climate tech. And likeAI, companies in the sector need large infusions of cash, sometimes well beyond what a typical venture investor might offer, to reach a si air max dawn ze where they ;ll be able to make a mark.A new deal involving Rondo Energy, which makes thermal energy batteries, suggests a new way forward: philanthropic grants.Climate tech startups like Rondo, especially those that are building hardware, face a particular challenge when trying to move  stan smith hommes beyond the prototype or pilot phase and start selling finished products to customers. Some have called it the  commercial valley of death,  others say it s the  first-of-a-kind  problem.It   ve jordan ry difficult to raise funds at that stage because investors don t have a blueprint to help them balance risk and reward.Venture investors hesitate to commit at that stage because a lot of the technical risk has already been sorted, meaning returns won t be as high. On the other sid Brjh GM to reveal start taking reservations for Hummer EV on October 20
+ ~9 G, [* }* S4 d  q* F With two high-level departures, and the passing of Safaricom   CEO Bob Collymore, there are questions on how or if Alpha w new balance sneaker ill continu red sambas e to operate.The space was established in 2017 to spur new product development for Safaricom, which is Kenya   largest mobile operator and the provider of M-Pesa 鈥?East Africa   most used mobile-money product.As TechCrunch reported, one of the first objectives of Alpha was to build upon the success of M-Pesa.As a telco, Safaricom has  skecher love 69% of the Kenya s mobile subscribers and generates around one-fourth  $531 million  of its 鈮?$2.2 billion annual revenues  2018  from M-Pesa. The fintech product has 20.5 million customers across a network of 176,000 agents.While these stats have put Safaricom in a coveted position, the company   former CEO Bob Collymore expressed concerns over the risk of too many eggs in one basket. For years, Collymore pressed his company to diversify product and revenue streams.Through in-house development and par