Ghana AI Startup Aya Data Raises $900,000 in Seed Round

Tag: General news

Source: TechCabal

Published On: October 18, 2024

The funding is a mix of debt and equity and will be used to scale two of its products, AyaGrow and AyaSpeech. Aya Data, a Ghana-based AI startup that offers data collection and annotation services, has raised $900,000 in a seed round. The funding is a mix of debt and equity and will be used to scale two of its products, AyaGrow and AyaSpeech, and employ new talents. Details The new fund brings the startup’s total funding to $1.15 million. Aya Data previously raised $255,000 from Microtraction, Savannah Fund, and Scott Bell. The latest funding round was led by 54Collective, with participation from other angel investors. About The Company Launched in 2021 by Freddie Monk and Ama Larbi-Siaw, Aya Data employs individuals to collect and label data—images, videos, and texts—needed for the development of Large Language Models (LLM) like ChatGPT and Gemini. How They Work Beyond data annotation and collection, Ayadata builds custom AI solutions for businesses. The startup has two AI products: AyaGrow, a crop and field monitoring solution that empowers commercial and smallholder farmers through AI-driven precision agriculture; and AyaSpeech, an end-to-end speech-to-speech solution that allows businesses, consumers, and governments to interact in spoken, local African languages.

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