Tekedia Capital

In our portfolio of dozens of startups and companies, Tekedia Capital chooses Revna Biosciences as the best portfolio company of Feb 2025. Revna Biosciences is a premier precision medicine research company based in Ghana, known for its advanced molecular diagnostic services and clinical research. The company stands as a beacon of precision medicine innovation in West Africa, offering state-of-the-art molecular diagnostics and driving a significant paradigm shift in advanced molecular diagnostics across the African continent. It is an active member of the American Association for Laboratory Accreditation (A2LA). Revnabio will be starting operations also in Nigeria later this year. Its services are saving lives. Tekedia Capital led the first and second funding rounds of this company and remain proud of our efforts to fund catalytic projects in Africa.

Good People, Tekedia Institute will be unveiling new products in June, in sync with Tekedia Mini-MBA edition 17. When you register for our Annual Tekedia Mini-MBA Package or Tekedia CEO/Director Program, you will have access to an eVault to store your digital files (MOUs, certificates, contracts, etc), business tools (inventory management, bookkeeping, invoicing, etc) to organize whatever you do, courses on different topics (libraries of Tekedia), and two AI solutions that will do the following: WinGPT - is a personal business educator which will guide learners on business education, using Tekedia libraries and universal libraries which learners can select based on interest. For the Tekedia libraries,? we have trained the AI system with our courseware. For example, if you want to understand how the One Oasis Strategy can help you win in Uyo, WinGPT will provide guidance.? CoachGPT: The coach is designed to prepare people for job interviews, promotion exams, project lead interviews, etc. You will upload your resume and experiences along with what you would be interviewing for (e.g. promotion to GM Technology and Operations in Bank A with expected responsibilities). CoachGPT will launch a video and prepare you, using its understanding of your capabilities, expected tasks and knowledge of the company or industry. A lot of great things are coming. I have been doing a lot of coding here, refining models because I want an AI system that understands the foundational DNAs of Tekedia Institute. Please if you have business cases on African companies you own rights, and want to support our Institute with, we will be happy to add your work as we train our models on the nuances of the African business sphere; connect here https://lnkd.in/eMhdWsnG

Not to panic anyone but in Tekedia Institute, we believe this statement: "More than 80% of digital startups in Africa could become stale or obsolete by 2028, due to AI, if they're not rebuilt and retooled". Remember, according to recent reports, US-based Chegg experienced a significant decline in users, with a drop of around 21% in their subscriber base year-over-year, primarily attributed to competitive pressures from AI-based learning platforms like Google's AI Overviews. Yes, as OpenAI updates its model, many companies are taken off the markets. As Google soups its AI models, many startups will go down. Nothing like this ever when you see what these models can do, just for 3-4 operating years. Then think about what will happen in the next 3 years! Many digital companies will disappear and new species will emerge https://lnkd.in/dEPvREZ8

At Tekedia Capital, we congratulate our portfolio company, Tyms, for the progress it has made. It is leading the innovation race in the accounting technology space. Well done Chineye Ochem MBA, ACA, CFE? and Ibrahim Adepoju for executing the playbook. Here, the Team introduced Adam by Tyms to the wonderful people of Citadel Global Community Church (CGCC) , Pastor Tunde Bakare and the whole community. What is Adam by Tyms? "Adam by Tyms is an AI Accounting Agent that helps you with your manual Accounting tasks. As a business owner or an Accountant that manages multiple businesses, you can simply share your bank statements (in whatever format) with Adam, and instruct Adam to upload, categorise and post the transactions for you. This will be done for you in minutes, and you can go ahead to ask Adam by Tyms to generate your income statement. As an AI Agent, Adam by Tyms has been built to interact with Tyms and other existing Accounting software. " Learn more about the fastest growing accounting software in Africa here https://www.tyms.io/en-US .

In the crypto world, even cold wallets are not safe: "The cryptocurrency industry has been rocked by what is now considered the largest digital asset theft in history, as Bybit, a leading crypto exchange, confirmed on Friday that hackers stole approximately $1.4 billion worth of Ethereum (ETH) from one of its offline wallets.... "Bybit’s CEO and co-founder, Ben Zhou, revealed in a livestream announcement that hackers managed to drain 401,346 ETH from one of the company’s cold wallets. Cold wallets, which are designed to store cryptocurrency offline and away from internet exposure, are considered the most secure way to hold digital assets." Good People, ETFs (exchange-traded funds) are better ways to invest in cryptos and we are working to offer that option in Africa in one of the new playbooks in the industry. Yes, you do not need to do cryptos to become an investor in cryptos.? Tekedia Capital is working on an ETF, and we think it will make the adoption of BTC, ETH, etc move up, as it makes them just another asset class, enabling you to buy and sell coins? in the way you do company stocks! https://lnkd.in/eT9D7GNU

Tekedia Capital congratulates our portfolio startup, Pulse, for raising $3.9M today. Nat Friedman and Daniel Gross (NFDG) led the round with participation from Sequoia Capital Scout, Soma Capital, Olive Tree Capital, Tiferes Ventures, and execs from NVIDIA, OpenAI and Ramp. The mission is clear: "PDF parsing and OCR tools have been around for decades, yet both legacy players and AI startups still struggle with real-world document processing. We've seen teams lose 20-30% of their business-critical information due to poor extraction. "To solve this, we've built intelligent schema mapping and fine-tuned extraction models that maintain enterprise-grade accuracy across millions of documents. Our platform is already powering Fortune 100 enterprises building RAG systems..." Win more markets and congrats Team.

Tekedia Capital congratulates the Lingo.dev team, led by Max Prilutskiy, for a $4.2 million seed round. Lingo is building the world's finest AI localization engine, and the mission is clear: "Overall, the [goal] with Lingo.dev is to eliminate friction from localization so thoroughly, that it becomes an infrastructure layer and natural part of the tech stack...Similar to how Stripe eliminated friction from online payments so effectively that it became a core developer toolkit for payments.” Max, you used the word "humbled" on announcing your fundraise, I can share that your simplicity and humility were infectious when we spoke. Go and advance AI, and I am confident that the market will reward Lingo. Congrats; Tekedia Capital is excited to be part of your mission. Developers: use this code?LINGODOTDEV1000 for $1,000 credit.? If you have traction, let us know, and we will see how to support more. This is the Stripe for AI localization and they have baked many engines in the stack.