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Suma Wealth, a 3-year-old fintech company that combines culturally relevant content and experiences with financial tools to help Latinos build wealth, raised $2.2 million in new funding. Leading the round was Radicle Impact, which was joined by Vamos Ventures, OVO fund, and the American Heart Association Impact fund. She got the idea for Suma during the pandemic when she saw its disproportionate impact on Latinos, Acevedo told TechCrunch. Along with closing the seed round, Suma announced that it had passed 1 million users on its platforms and acquired Intellecto, a platform designed to personalize users' learning experiences. Check out the pitch deck that Suma used to raise its most recent funding.
Persons: Suma, Beatriz Acevedo, Acevedo, they've, Wells Organizations: Vamos Ventures, American Heart Association, Ulu Ventures, Fund, Chingona Ventures, Business, FDIC, Suma, JPMorgan Chase, TechCrunch Locations: Wells Fargo
ISTANBUL (AP) — Millions of people across Turkey on Tuesday will mourn the loss of more than 53,000 friends, loved ones and neighbors in the country's catastrophic earthquake a year ago. To mark what it calls the “Disaster of the Century," the government has arranged a series of events to commemorate the one-year anniversary of disaster in southern Turkey. Hatay, which lies between the Mediterranean Sea and the Syrian border, was the worst affected of the 11 southern provinces hit by the 7.8 magnitude quake. Including the 6,000 people killed in neighboring Syria, the quake left more than 59,000 dead. He also will take part in handing over completed homes to survivors, and then spend the rest of the week touring other cities in the earthquake zone.
Persons: Recep Tayyip Erdogan, Ozgur Ozel Organizations: Republican Locations: ISTANBUL, Turkey, Hatay, Ulu, Syrian, Syria, Kahramanmaras, rehouse, Gaziantep
LAHAINA, Hawaii (AP) — For people around the world, the green leaves that sprouted from a scorched, 150-year-old banyan tree in the heart of devastated Lahaina symbolized hope following Maui’s deadly wildfire this summer. Before colonialism, commercial agriculture and tourism, thousands of breadfruit trees dotted Lahaina; the fire charred all but two of the dozen or so that remained. By contrast, researchers believe breadfruit and kukui nut — now the state tree of Hawaii — were among the many edible plants Polynesian voyagers brought around 1,000 years ago. Efforts to revive the banyan and other important surviving trees have included trucking in water, applying compost extract and testing soil. But replanting breadfruit in urban areas comes with challenges, said Steve Nimz, an arborist on Oahu who has been helping restore Lahaina’s trees.
Persons: landscapers, , Noa Kekuewa Lincoln, King Kamehameha, ulu, ” Kekona, Lahaina’s, replanting, Steve Nimz, , Hokuao Pellegrino, ” Pellegrino, replant, Pellegrino, he's, reintegrating breadfruit, ___ Komenda Organizations: University of Hawaii, Development Locations: LAHAINA, Hawaii, Lahaina, ulu, Maui, Manoa, U.S, India, Lele, Hilo, Lincoln, Oahu, Waikapu, West Maui, , Tacoma , Washington
CNN —A huge banyan tree charred by the wildfires in Maui is sprouting new green leaves, giving hope all was not completely lost in the flames. Maui's historical Banyan tree is growing new leaves after being charred in wildfires. “The tree is like your only compass in town.”A Kumu 'ulu tree charred by Maui's wildfires. Chris ImontiThe banyan tree isn’t the only tree local volunteers are working to save. One of them is the Kumu ‘ulu tree, which is connected to the legend of Ku, the Hawaiian god of farming and fishing, who transformed into a Kumu ulu tree to feed his family during a famine.
Persons: Chris Imonti, ” Imonti, Steve Nimz, Chris Imonti “, we’re, , “ We’re, Imonti, Ku, Organizations: CNN, . Volunteers Locations: Maui, Lahaina, , , , ‘ ulu, Lahaina .
CNN —It was a late night joyride that thankfully ended without anyone getting seriously hurt. The apparent reason for the brothers’ late night joyride? They were heading to the shops to buy a new toy car. They can be heard telling passersby that they want to go to a toy store to buy a model car. They said the case is being investigated under Section 43 of the Road Transport Act 1987 for reckless driving.
Video footage from a drone flying down a street in Antakya’s Old City, which is covered in rubble and surrounded by collapsed buildings. Called Saray Street by locals, this stretch was once lined with more than 70 shops, restaurants and other businesses. The destruction on Saray Street is a fraction of all that was lost in Old City. Video clip of Saray Street before the quakes, showing stores and patrons during the holiday season. Damaged or destroyed historic or cultural landmark Map showing the boundaries of Old City and labeling cultural landmarks that were damaged or destroyed.
[1/5] The destroyed Habib-i Najjar Mosque is pictured in the aftermath of a deadly earthquake in Antakya, Turkey February 16, 2023. "What we learn from our elders is that Hatay witnessed seven earthquakes in its history but it was reborn from its ashes. PAINTINGS OF THE SAINTSThe bell tower lies on its side, with clothes placed on top for earthquake victims to take. Among the victims of the Feb. 6 earthquake were Saul Cenudioglu, leader of the Jewish community in Antakya, and his wife, Tuna Cenudioglu. The rabbi said he came to Antakya after the earthquakes to check on the Jewish community and take them to Istanbul.
Gable helps distributed companies manage flexible office spaces for their workforces. The startup connects employees with coworking spaces to book and helps execs manage office budgets. Gable recently raised $12 million in Series A funding, led by SemperVirens and Foundation Capital. Additionally, the startup will launch new products in the upcoming months, including event management and headquarter management tools, she added. Here's an exclusive look at the 21-slide pitch deck that landed Gable $12 million in Series A funding from SemperVirens, Foundation Capital, and others:
Cenoa, a fintech startup cofounded by the former CTO of Getir, has raised $7 million in funding. The startup enables customers to access USDC, a digital asset tied to the US dollar. We got an exclusive look at the 11-slide pitch deck used to raise the fresh funds. A startup that has developed a digital wallet where users can hold a stablecoin pegged to the US dollar has raised $7 million in seed funding. In the UK, for example, Cenoa works with FCA-registered Transak so that users can deposit and withdraw funds using local banking networks.
Abortion telemedicine startup Hey Jane raised $6.1 million in funding. Reproductive health startups are receiving more attention from VCs following the fall of Roe v. Wade. The fall of Roe v. Wade earlier this year has caused some states to restrict access to abortions and has thrown reproductive rights into the spotlight. Hey Jane raised $6.1 million in Series A funding from female-led Ulu Ventures, The Helm, Amboy Street, Portfolia, and G9. Moving forward, a key area of focus for Hey Jane will be increasing awareness of medication abortion to the general public, as well as access.
Once only for the superrich, angel investing is now open to anyone with a few thousand dollars. With an estimated 360,000 active angel investors, it's become a favorite pastime in Silicon Valley. "It felt like gambling," David Spreng, a veteran venture-debt investor who's been angel investing as a side hustle for more than a decade, said. He wrote his first angel check shortly thereafter, a $1,000 investment in an electric-aircraft maker. The currency of Silicon Valley"Your currency, for lack of a better term, in Silicon Valley is you either started a company or you angel invest, right?"
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