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Story summary
- Lua, a Nairobi-based artificial intelligence startup, raised $5.8 million in seed funding led by Norrsken22.
- The round also included investors such as Y Combinator and Flourish Ventures.
- Lua's software automates tasks like customer onboarding and loan processing while maintaining human oversight.
- The company reports 30 percent week-on-week revenue growth since its launch and aims to redefine human-AI collaboration in Africa amid rising labor costs.
