InstaDeep raises $7m in round led by Tunisia’s AfricInvest

Enterprise artificial intelligence (AI) startup InstaDeep has raised a $7-million Series-A round led by Tunisian private equity firm AfricInvest, ventureburn reports. Endeavor Catalyst — the co-investment fund of Endeavor, a non-profit organisation that supports high-impact entrepreneurs around the world — also participated in the round which the startup announced in a statement last Tuesday on May 7. InstaDeep was founded in 2014 in Tunis, Tunisia by CEO Karim Beguir and Zohra Slim. The startup is now based in London and has offices in Paris, Tunis, Nairobi and Lagos. The startup applies deep reinforcement learning…

Tunisia endeavours to implement digital blockchain

Tunisia has become the first state to endeavour in implementing a blockchain-based distributed-ledger digital currency in a global drive of developed and developing economies to migrate toward cashless economies, says Walid Driss, the Tunis-based founder and chief executive of DigitUS Tech. Driss, a US-educated Tunisian engineer, has already instituted a blockchain-based digital payment system called DigiCash with La Poste Tunisienne, Tunisia’s postal service, and is working with the Central Bank of Tunisia (BCT), and the BCT governor Marouane El Abassi to explore and study the launch of a national digital…

Tunisia’s TELNET group signs first satellite launch contract with Russia

Tunisia’s company TELNET signed a contract with the Russian operator of commercial launches of Soyuz-2 rockets GK Launch Services for putting in space Tunisia’s first satellite. The Tunisian group TELNET organised a ceremony at the Digital Research Center in Sfax on Monday for the signing of a contract for launching in 2020 its first satellite Challenge ONE with Russia’s Soyuz-2 rocket. GK Launch Services CEO Alexander Serkin and TELNET CEO Mohamed Frikha took part in the ceremony. The Tunisian satellite launch project is part of the research and innovations for…

The Great heritage, Triomphe de Thuccabor snatches three medals at Los Angeles International Extra Virgin Olive Oil Competition

Extra virgin Olive Oil Triomphe de Thuccabor of the Ben Ismail domain has been awarded three medals at the Los Angeles International Extra Virgin Olive Oil Competition. Mohamed Ben Ismail, Maher Ben Ismail and Salah Ben Ismail were expecting this award since they excel not only in the olive oil making but also in making an organic olive oil brand. Their exceptional hard work made it possible to book a ticket in the 2019 Los Angeles International Extra Virgin Olive Oil Competition and be among the best international renowned olive…

Travelcar start-up founded by Tunisian Ahmed Mhiri acquired by PSA Group

The French car manufacturer PSA has decided to buy the startup Travelcar, founded in 2012 by Tunisian Ahmed Mhiri. The world leader in automotive solutions around airports and train stations, the startup closed in 2017 a fourth round of financing of €15 million with the same group and the French insurance company, MAIF. Two years after acquiring a stake in TravelCar, the PSA Group, a manufacturer of the Citroën, DS Automobiles, Peugeot, Vauxhall and Opel car brands, has decided to strengthen its strategy in new mobility solutions through the acquisition…

Chouaieb Nemri’s success story, a pride for Tunisian Youth

-Success is not measured by position as much as it is measured by the difficulties overcome by man. -It is not easy to get rid of what is imposed on you by fate … to have your body locked in a chair but your soul wants to fly … And because he believes in his ability to fly, he actually did it in the sky of success … -He was able to register his name among the geniuses of the world … We can learn from the inspirational story of…

IN: TIME Solutions, young startup that shines in Tunisian entrepreneurial landscape

IN: TIME Solutions Tunisia is one of the young startups that shine in the Tunisian entrepreneurial landscape. Launched in 2013 by Issam Zlitni, the company did not wait for the new law to access important markets, expand and shine outside our borders, while being established in Tunisia and relying on local know-how and skills. IN:TIME Solutions, as its name suggests, advises companies and provides software solutions in business processes and operations, its objective is to enable its partners to achieve zero marginal cost by providing them with the latest approach…

Aya Sinan’s success story and artistic jewelry design inspired from Tunisian heritage

One of the secrets of success is to follow your dream to the end Aya Sinan An example of a persevering girl made accessories and dreams of global fame As one of the leading names in the jewelry industry, she began her passion for the art of jewelry since childhood and trained in jewelry design and manual execution. In our conversation with Aya Sinan we reviewed profiles of her success story and her career in the art of jewelry making and how she managed to get out of the traditional…

Canada: Two Tunisians co-founders of company specializing in processing of organic cereals

Napolis Nature Canada is the company, which specializes in the processing of organic cereals. It was created by Mohamed Berrim and Montassar Chebbi, two Tunisian graduates of University of Quebec at Montreal (UQAM). Their success story lies in the creation of the first North American branch of Napolis Nature, headquartered in Ben Arous, Tunis, Tunisia Mohamed and Montassar’s native country. Mohamed Berrim and Montassar Chebbi are two former players on the men’s soccer team of the Citadins of the Université du Québec à Montréal. Their project is to integrate healthy…

Renate Brandl:”my products are unique in the cosmetics industry”

Renate Brandl 2018 is a very powerful year with many opportunities but also challenges, German Renate Brandl said in her website. “That’s why I decided to offer my Life Coaching to all those who want support and guidance from me“, she added. In her exclusive interview with TunisianMonitorOnline, she gave an overview about her performance in her field of activity. Tell us about your project in the beauty industry In all modesty, I can say that my products are unique in the cosmetics industry, as I have acquired a special…