Startup company
- Trends
Sokowatch raises $14M to digitize Africa’s informal B2B supply-chain
Kenya based B2B e-commerce startup Sokowatch has raised $14 million in Series A funding toward its mission of revamping supply-chain…
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African crowdsolving startup Zindi scales 10,000 data scientists
Cape Town based startup Zindi has registered 10,000 data-scientists on its platform that uses AI and machine learning to crowdsolve…
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Oyo’s revenue surged in FY19, but loss widened, too
Budget-lodging startup Oyo reported a loss of $335 million on $951 million revenue globally for the financial year ending March…
Read More » - Finance
TLcom Capital closes $71M Africa fund with plans to back 12 startups
VC firm TLcom Capital has closed its Tide Africa Fund at $71 million with plans to make up to 12…
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RaySecur, a mailroom security startup, raises $3M in seed funding
Raysecur says at least ten times a day someone sends a suspicious package containing powder, liquid, or some other kind…
Read More » - Food
Naspers Foundry is open for South African startup pitches, CEO says
Naspers’ 1.4 billion rand (≈$100 million) VC fund to support South African startups — Naspers Foundry — is accepting pitches,…
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SoftBank reportedly preps a package to take control of WeWork parent company
SoftBank Group, the multi-billion dollar Japanese technology conglomerate and investment firm, has put together a bid that would save WeWork…
Read More » - Health
83North closes $300M fifth fund focused on Europe, Israel
83North has closed its fifth fund, completing an oversubscribed $300 million raise and bringing its total capital under management to…
Read More » - Food
MaxAB raises $6M seed round to optimize Egypt’s B2B grocery markets
Cairo based startup MaxAB looks to optimize the supply-chain network for Egypt’s food and grocery retailers. The B2B e-commerce company…
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