UTU Technologies raised $500k bridge funding

UTU Technologies

UTU Technologies, a Kenyan Block chain & AI startup building on the Aeternity block chain, has raised $500, 000 bridge funding. UTU Technologies was among the companies that graduated from the Aeternity Ventures StarFleet Accelerator program that saw the company initial funding. According to Jason Eisen, CEO, UTU, the total funding raised now is $1.3 million. UTU Technologies is the company behind the ride-hailing app, Maramoja. The app uses a Trust Engine to recommend ‘a social favorite driver’ or rides as opposed to existing apps like Uber and Taxify. Speaking to…

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