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Amini closes $4m Seed Funding Round led by Salesforce Ventures and Female Founders Fund

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Amini

Founded by AI innovation and technology expert Kate Kallot, Amini is driven by its ambition to build the ultimate African environmental data collection and intelligence infrastructure

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NAIROBI, Kenya, November 30, 2023/APO Group/ — 

Amini (https://Amini.AI), a Nairobi-based climate tech startup focused on solving Africa’s environmental data gap through artificial intelligence and satellite technology, has raised $4 million in a seed funding round. The round was led by Salesforce Ventures (https://apo-opa.co/3T5hoW9), Salesforce’s global investment arm, and Female Founders Fund (https://FemaleFoundersFund.com), a seed stage venture fund that invests exclusively in female-founded companies.

Amini’s successful raise follows a $2 million pre-seed funding round that closed in March 2023. The pre-seed round was led by Pale Blue Dot, backed by Superorganism who also participated in this seed round alongside new investors such as Satgana.

“We are thrilled to support Amini, a trailblazing company at the forefront of artificial intelligence innovation and climate technology,” said Claudine Emeott, VP Salesforce Ventures Impact Fund. “Amini.ai’s cutting-edge technology is poised to redefine industries and drive transformative change. With a visionary team and a commitment to pushing the boundaries of climate AI, we are confident that Amini is poised for exceptional growth.”

We are thrilled to partner with Kate in her vision to build Amini, a climate tech startup uniquely positioned to bridge Africa’s environmental data gap

With a team boasting over 20 years of combined experience developing AI solutions for leading tech companies such as NVIDIA,  Arm and Apple,  Amini is driving the development of an AI ecosystem rooted in the emerging markets they intend to serve.  The proceeds of the latest raise will accelerate Amini’s growth into new sectors, including supporting some of the world’s largest food and beverage companies and consumer packaged goods producers that aim to sustainably transform their supply chains across the tropical belt. This momentum builds on the company’s initial success with corporations and multinationals in the agricultural and insurance industries including Aon, a global professional services firm (www.Aon.com/en/).

Aon’s Ciara Jackson, Global Food, Agribusiness & Beverage Leader, Enterprise Client Group shared “we are thrilled to be working with Amini and believe that this technology offers new opportunities for corporates, farmers, and regulators as they try to close the loop around agricultural value chains.  Insurance is the seed of resilience and we hope that the collaboration between Aon and Amini will create further opportunities to strengthen supply chains and accelerate our climate transition.”

Founded by AI innovation and technology expert Kate Kallot,  Amini is driven by its ambition to build the ultimate African environmental data collection and intelligence infrastructure. The platform enables the creation of real time monitoring tools and ML models to support insights into everything from soil health to water use to flood detection and crop health down to the farm level. The team is focused on enabling large multinational corporations to transform their supply chain from merely rest to regenerative, benefitting human and natural capital at scale. With an idea conceived at COP27, Kate and her team are celebrating the first year of Amini’s rapid and successful development, and Amini will have a significant presence at this year’s COP28 in UAE (https://Amini.AI/cop28).

Kate Kallot, CEO and Founder,  Amini commented: “We are building technology that is designed specifically for Africa to lead an economic transformation for the continent’s 1 billion people. By de-risking the “first mile” of the global agricultural value chain through enhanced transparency, data access, and greater economic inclusion for farmers, we have a unique opportunity to kickstart positive feedback loops which will transform global food systems. Amini is innovating for our people and planet, for corporations, farmers, and regulators by transforming value chains. As new regulation in the U.S. and Europe compels corporations to disclose the climate risks in their supply chains, this new investment from Salesforce Ventures and Female Founders Fund will accelerate the scaling of our business and data infrastructure platform, enabling sustainable growth and powering our business expansion.”

Anu Duggal, Founding Partner at Female Founders Fund stated “we are thrilled to partner with Kate in her vision to build Amini, a climate tech startup uniquely positioned to bridge Africa’s environmental data gap. Leveraging cutting-edge artificial intelligence and satellite technology, Amini is on course to establish the most extensive environmental data collection and intelligence network across the continent. Kate’s unparalleled expertise in emerging markets and AI is instrumental in this venture.” Duggal adds that “significantly, with Sub-Saharan Africa boasting 65% of the world’s untapped arable land, Amini’s data will provide farmers with critical insights for optimal practices, potentially catalyzing a development wave capable of feeding the world, as climate change increasingly impacts global food sources. Amini is not just an environmental endeavor; it’s a step towards a sustainable future for global food security.”

Distributed by APO Group on behalf of Amini.

Energy

Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

Distributed by APO Group on behalf of Energy Capital & Power.

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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IsDBI

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

Distributed by APO Group on behalf of Energy Capital & Power.

 

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