At Invested Development, we recognize that innovation has the power to make a difference in the lives of people living in poverty. The challenges in the developing world have created a unique opportunity for entrepreneurship and innovation. In Africa, entrepreneurs are proving that they can overcome roadblocks to success and create products that help local communities, and make a profit. Below are articles exploring entrepreneurship in Africa. Think Africa is no threat to Silicon Valley? … read more
Several energy startups and entrepreneurial initiatives caught our attention this week. Here’s the round up of what we found intriguing and exciting.
“Peter Thiel, Khosla, Bill Gates back air energy storage startup LightSail” by Katie Fehrenbacher on GigaOM
Several investors have backed LightSail in a $37.3 million series D round. LightSail has designed a next-gen compressed air energy storage technology, which is essentially an air-based battery with twice the efficiency of its predecessors. … read more