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Trends
Kenyan fintech Asilimia raises $2 million in a pre-seed round, plans to extend loans to MSMEs and expand in East Africa
Kenya’s economy is powered by informal businesses, which contribute 33.8% to the country’s GDP and provide 83.4% of the total…
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Trends
Vollebak, who makes “clothes for the future”, closes his series A-round
If you’ve ever visited the site of the six-year-old, London-based direct-to-consumer clothing company Vollebak, you’ve likely marveled at the exaggerated…
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Trends
India’s Blume Ventures raises $105 million in the first close of its fourth fund
Blume Ventures said on Wednesday it has raised $105 million in the first close of its fourth fund, less than…
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Trends
Samsung announces new advanced semiconductor fabrication site in Taylor, Texas
Samsung announces new advanced semiconductor fabrication site in Taylor, Texas Samsung Electronics announced today it has selected a site in…
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Trends
Arc hooks another $30M in investment as EV interest spills over into electric boats
Arc is not even a year old and the electric boat startup has attracted investment from top VC firm Andreessen…
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Trends
World Mobile Group bringing Zanzibaris online through mobile network built on blockchain
As the world quickly transitions into a global village thanks to the rapid penetration of internet networks, it is easy…
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Business
Dent Reality raises $3.4M to bring augmented reality into the grocery store
Despite Apple and Facebook investing billions into a “metaverse” future, in recent years there’s been a distinct drop-off in venture…
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Trends
Volvo Cars Tech Fund invests $2M in optics and imaging startup Spectralics
The venture arm of Volvo Cars, an automaker long synonymous with safety, has invested in an optics and imaging startup…
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Trends
UK-based mental health provider ieso raises $53M armed with an “unprecedented” dataset
UK-based digital therapy company IESO announced a $53 million Series B round on Tuesday. The round is the funding the…
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Trends
Verbit lands $250M Series E at a $2B valuation to expand its AI-powered transcription platform
Less than six months after raising a $157 million Series D round, AI-powered transcription and captioning platform Verbit announced today…
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