funding Archives - Don't Stop Us Now

AI Visionary – Lee Yearsley

April 11, 2024April 12, 2024
by Claire

Every now and then we meet with a guest who blows us away by the scale and worthiness of their vision. And there’s no doubting this week’s guest is one of those.

Lee Yearsley is an AI veteran and entrepreneur with a unique track record that speaks to her skill of anticipating the future. Raised in Zimbabwe and South Africa, Lee sold her last AI company 10 years ago to IBM. It was the first company in the world to deploy AI in businesses such as banks, insurance companies and health care.

And now Lee’s at it again channelling her philosophy of building a global AI company that the world will need, not today, but in 5 years time. Her vision is big; she wants to reach more than 100 million customers worldwide.

Lee’s business is called Akin and her determination to use technology for good has seen her incorporate as a public benefit corporation (that’s an American legal entity that embeds a business model that benefits both shareholders and society).

Akin is bringing a new and more advanced type of AI to market, called Adaptive Reasoning.

It already has customers ranging from NASA to healthcare companies with disabled clients.

Now despite the fact Lee has a track record of founding and exiting several businesses, she shares with us just how difficult it is to raise funding as a female founder.

In this episode you’ll hear:

How Lee was positively dissuaded, if not barred, from studying computer science at Uni because she was a woman
How she says she ignores the accepted wisdom of how to build a successful startup and that others should ignore it too
How pervasive AI systems already are and how much they’re influencing the decisions we make in a negative way; and
The creative and unique way Lee goes about envisioning, building and growing her business.

We were lucky to spend time with Lee after she spoke at the Impact Investment Summit in Sydney recently.

Enjoy this episode with the visionary and genuinely pioneering Lee Yearsley.

Useful Links

Akin AI

Lee on LinkedIn

Credit top left photo – Dion Georgopoulos

Interview

Taking on Goliath – Sue Fennessy

July 11, 2023July 11, 2023
by Claire

We have a truly incredible guest in this week’s episode. We don’t think we’ve ever met someone with so much drive and conviction as serial entrepreneur, Sue Fennessy.

Sue’s vision for her latest, purpose-led-business ‘WeAre8’ is absolutely epic. So large is the vision, that she’s spent the past 8 years building the technology platform required to take on the social media giants of the world. Yes, this one woman ‘tour de force’ is taking on the goliaths of social media with a determination to make social media better for all.

She’s also invested more than $11 million of her own money to get WeAre8 to where it is today. She’s been able to do this because of her phenomenal track record building and exiting businesses. To date, she’s scaled and sold three previous businesses.

The last business that Sue co-founded and then sold in 2022, the global Standard Media Index, was bought for $200million. SMI, as it’s also known, was a pioneering data and technology business recording global media spends across different advertising channels. It required years of persistence and serious influence skills to get all the world’s largest media agencies on board to have access to all that data. Sue has these in spades!

These days, after numerous years living in New York, Sue is based in London where we visited her at her HQ in central London.

In this epic conversation you’ll learn :

How Sue thinks about her Purpose in life
How she plans to transform the worlds of social media AND digital advertising
The high personal cost of Sue’s single minded focus on making WeAre8 a success; and
The crazy and sexist things Venture Capitalists have said to her.

In short, this is a truly memorable conversation so please enjoy this episode with the purposeful and driven, Sue Fennessy.

Useful Links

WeAre8: https://www.weare8.com/

Sue on LInkedIn : https://www.linkedin.com/in/sue-fennessy/

Interview

Together We Can Make History – Navyn Salem

December 23, 2022December 23, 2022
by Claire

Our guest this week made such a big impression on us and listeners when she was on the show more than 4 years ago that we’re really excited to welcome her back for our last episode of the year.

Navyn Salem is Founder and CEO of a non-profit social enterprise called Edesia. Navyn founded Edesia more than ten years ago to help end global malnutrition and set about building a factory in Rhode Island in the USA to produce lifesaving nutritional products for humanitarian agencies. Edesia has already reached over 17 million children in 62 countries.

An email Navyn sent this past week really caught our attention. Despite outlining the unprecedented food crisis happening around the world, it also was filled with hope and a historic path forward.

Right now, governments have granted more funds to support the many millions facing hunger. Historically the world has the opportunity to move from helping 25% of the world’s malnourished to reaching and supporting 50%. Currently 3 million children under 5 die every year from malnutrition that is completely preventable.

Edesia, as one of the major producers of a lifesaving supplement called Plumpy Nut, has one problem . . . it can’t make their life saving product fast enough to meet the orders of humanitarian agencies tasked with spending the increased funding. So Navyn, in her true entrepreneurial and unstoppable style, is seeking to urgently scale her factory and increase its output dramatically by moving to 24 hours a day, 7 days a week production. To do that she needs help to buy $12 million worth of equipment.

We think you’ll be truly inspired by Navyn as so many others have been before. She’s a member of the Aspen Global Leadership Network and was awarded the major global McNulty Prize this year for leadership and vision in addressing some of the world’s toughest problems. Navyn was voted EY Entrepreneur of the year for New England in 2018, and New Englander of the Year in 2017.

Without further ado, to end the year enjoy our hope-filled conversation with the inspiring Navyn Salem.

Useful Links:

Edesia website

Donate on the Edesia website

Future Proof Me Mini Episode

Future Proof Me – Crowdfunding Success

November 23, 2021November 24, 2021
by Claire

This week’s mini episode is all about crowdfunding and in particular equity crowdfunding.

Equity crowdfunding is where retail investors can buy a share in a young company which is seeking funding without having to list on the stock exchange or take on formal VC capital.

Capital raising can be such a time consuming occupation for a Founder yet if you have the right offer for equity crowdfunding, then this can be a great way to proceed.

One of our guests has proven to be a master at successfully completing two extremely impressive equity crowdfunding campaigns. We’re talking about Brianne West, the New Zealander serial entrepreneur and founder of global sustainable cosmetics company, Ethique.

Brianne has a bold and pioneering mission, to rid the world of single-use plastics. She started Ethique to replace all those plastic-bottled products we use in our bathrooms, from shampoos to moisturisers, with solid bars of concentrated product.

Brianne crowdfunded twice to grow her business: once in 2015 when she raised NZ$200,000 in 10 days; and again in 2017 when she raised an extraordinary $500,000 in just over an hour!

Ethique continues to grow, has taken on other types of investment and is now found in more than 20 countries. It’s become a B Corp as well.

In this mini episode you’ll hear Brianne explaining why she felt crowdfunding was best for her and then shares her views on what it takes to be successful if you’re wondering if crowdfunding is for you.

Enjoy this mini episode.

Useful Links

Brianne’s full interview

Ethique Website

Brianne on Instagram

Equitise – Crowdfunding platform

Interview

Tessa Clarke – The Difference One Person Can Make

November 1, 2021November 2, 2021
by Claire

We’re excited to be bringing you an inspiring and very relevant guest this week given world leaders have been meeting at COP26 in Glasgow for vital climate talks as this episode goes to air.

Tessa Clarke is Co-founder and CEO of the international food sharing and household goods app called OLIO. Her passion for sustainability and for creating simple ways to help all of us to take simple but powerful steps to help the environment is just what we need right now!

Tessa and her Co-founder (whom she met at Stanford doing her MBA) launched OLIO in 2015 and originally focused on food waste in the home, although now you can find new homes for all kinds of other items as well.

OLIO has just successfully closed a Series B fundraising round raising $43 million dollars from top tier VC firms who have described OLIO’s 5-fold growth in the past year as phenomenal. More than 5 million OLIO users in 53 countries are now reducing not only food waste but also preventing more than 3 million household goods going to landfill as well.

In this episode you’ll learn:

How Tessa wished she’d made the time earlier in her career to stop and really reflect about what she was passionate about doing in her career
How Tessa came up with the idea for OLIO;
Her four tips for female founders raising funds;
How food waste globally results in greenhouse gas emissions that would make it the 3rd largest country in emission terms in the world.
And last but not least, Tessa shares how western householders make up for HALF of all that food waste.

So dear fellow citizen of Planet Earth, please make haste and devour this episode with the determined and passionate Tessa Clarke. Enjoy!

Useful Links

OLIO website

OLIO in the App store – Google & Apple

Dana Kanze TED Talk on the real reason female founders get less funding

Interview

Mikaela Jade – Pioneering for First Nations

October 5, 2021October 5, 2021
by Claire

We have a treat in store for you today with a guest whom we reckon is one of the best storytellers we’ve had on the show.

Australian entrepreneur, Mikaela Jade, otherwise known as Mik, is the Founder and CEO of Indigital, a company developing innovative new ways to digitise and translate knowledge, culture and stories from remote and ancient First Nations communities.

Mik, a proud Cabrogal woman, is a UN Permanent Forum Indigenous Issues delegate; she’s a member of the World Economic Forum’s Global Future Council on Augmented and Virtual Reality; and she’s also been recognised as a Top 100 Innovator in Australia.

In this episode you’ll learn:

How Mik reacted when, as a young adult, she learnt she had indigenous ancestors
How she came up with the idea of using augmented reality to share cultural stories in the national parks where she worked
How hard it was to get people to help her progress her augmented reality ideas
What happened when Mik reached rock bottom, and
The one technology Mik thinks we all need to read up on.

We think you’ll LOVE this conversation with the ever-so resilient and compelling storyteller, Mik Jade.

Enjoy!

Useful Links

https://indigitalschools.com/

https://indigital.net.au/

Mik on Twitter

Mik on Linkedin

Indigital on Instagram

Spatial Web book by Gabriel Rene

Great article – An Introduction to The Spatial Web by Gabriel Rene

Atlas of AI – great podcast with the author, Kate Crawford if you don’t have time to read her book

Future Proof Me Mini Episode

Future Proof Me – Mastering Your Ego

July 13, 2021
by Claire

This week’s Future Proofing mini episode is all about not letting your ego get the better of you.

We were blown away by the maturity and wisdom of young New Zealand entrepreneur, Brianne West, the founder and CEO of Ethique, the global and sustainable cosmetics company. We spoke to her on the show last year.

Brianne’s mission is to rid the world of single-use plastics and Ethique replaces bottled products like shampoos with solid bars of concentrated product.

Brianne has won all kinds of honours including New Zealand’s Young Entrepreneur of the Year and she was named an Obama Leader for Asia Pacific.

With these accolades Brianne could be forgiven for running her global business exactly as she pleases. But what’s so refreshing about this entrepreneur in her 30’s is that she’s well aware she’s never worked in any other business and so she knows she needs other people’s expertise to help her succeed.

And that’s where mastering your ego comes into it. Brianne is so authentic and open about what she does and doesn’t know.

In a world where it’s so easy for all of us to think we have to role play and claim more experience and capability than we may have, one of the secrets to Brianne’s success is that she’s learnt her business needs her to listen to the recommendations of others in order to succeed. She leaves her ego at the door when she goes to work and so do her colleagues.

Take a listen and be inspired how vulnerability really can be the best way forward.

Useful Links

Brianne’s Full Interview with us – Brianne West – Running the World’s most Sustainable Cosmetics Company

Ethique Website

Brianne on Instagram

Interview

Allison Kent-Smith – Not your Typical Entrepreneur

June 22, 2021June 29, 2021
by Claire

Our episode this week features an American woman who abandoned the security and prestige of working with some of the world’s most sought after ad agencies to start her own businesses.

Her name is Allison Kent Smith and one thing that really stands out about her is that she has consciously refused to pretend to be someone she’s not when trying to find VC investors for her startup.

That startup, giide.com, is a new platform for creating rich audio learning experiences featuring a host of multimedia options such as links, articles and graphics.

In our conversation you’ll hear how

Allison has experienced a few seminal moments when she just knew she had to leap out of her comfort zone work-wise
What a Silicon Valley VC told her when she met with him for funding that nearly made her give up
Why she asks herself how can she do less when she wakes up
And how she’s found her tribe of investors and supporters by staying true to herself

So sit back and enjoy this episode with the not so typical entrepreneur, Allison Kent Smith.

Useful Links

Giide Website

iOS app in the app store

Allison on LinkedIn

Future Proof Me Mini Episode

Future Proof Me – How an Innovator Stays Creative

July 7, 2020
by Claire

Welcome to this week’s mini Future Proof Me episode all about how to stay creative in a busy world.

We loved the advice that serial Canadian entrepreneur and founder, Vicki Saunders shared with us when we spoke to her last year.

Vicki is CEO and Founder of SheEO. SheEO is an international network of women who support, finance and celebrate female innovators who run ventures solving important world problems.

As a serial entrepreneur and true original thinker, Vicki has learnt she needs to create space for ideas to flow. As you’ll hear in this episode, she’s very conscious of ensuring she has a routine and practices that give her that space and stimulus despite facing, as we all do, the demands of a hectic busy work life and all the usual stresses we all experience.

You’ll hear how Vicki carves out time in her schedule to consume a wide variety of different topics in order to fuel her creative thinking, and you’ll hear how she’s found meditating makes a big difference.

If you’re struggling to have fresh ideas or see old problems from new perspectives, then this mini episode is just what you need!

Links of interest

Our full interview with Vicki

SheEO website

Interview

Vicki Saunders – Reinventing the Game for Female Founders

September 11, 2019September 11, 2019
by admin

In our episode this week we meet an entrepreneur who’s been on a 30 year quest to find ways to create environments and networks for people to innovate and solve problems that matter. We’re talking about the amazing Founder and CEO of SheEO, Vicki Saunders.

Vicki grew up in Canada on her family’s farm where she learnt early on to work hard and problem solve. However, her pathway to becoming an entrepreneur took place, unusually for a young Canadian woman, in Prague, the capital of the Czech Republic.

Vicki spent 4 years in Prague where she started multiple businesses learning as she went along. She also built a community of entrepreneurs there, before returning to Toronto to found Canada’s first ever incubator.

Fast forward many years and Vicki was mentoring a brilliant young female entrepreneur who was struggling to get funded. She realised then that the system was broken for women… with female-founded startups receiving less than 4% of all venture capital funding.

Vicki decided she had to do something to change this and figure out a way to get more women’s business ideas funded.

And so SheEO was founded. Now operating in 5 countries, SheEO is a network of women who support, finance and celebrate female innovators who run ventures solving important world problems.

In this episode learn:

What it was like as an entrepreneur in Eastern Europe after the Berlin Wall came down
How Vicki created Canada’s first incubator, floated it on the stock exchange; and then got fired
Why she thinks the environment you surround yourself in is so critical to your success
How women’s radical generosity is changing the world, and how you can get involved.

Enjoy this episode with the visionary and passionate Vicki Saunders.