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Naspers Shuts Down Foundry, Its $100 Million Fund Focused on South African Startups
According to the report, the firm, which is taking this approach as venture capital takes a hit globally, will maintain the investments.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- failure, startups, venture capital
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Why Safaricom, East Africa’s Biggest Telecom, Is Getting Sued by Its Customers
Pressure is mounting on Safaricom, with two major lawsuits from its customers now demanding accountability from the telco giant.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Understanding Deglobalization: What the Backlash to Trade Liberalization Means for Business Growth and Global Inequality
Extensive trade liberalization, often referred to as globalization, was one of the most transformative economic events of the last century — and also one of the most controversial. As political support for protectionist policies grows, Aishwarya Lakshmi Ratan at Yale Economic Growth Center and Bomi Okuyiga at Yale's Jackson School of Global Affairs share research insights that help illuminate the impact globalization has had on businesses and workers in low- and middle-income countries, with the goal of understanding how they may be affected by the current backlash.
- Categories
- Technology
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Inker Robotics Secures $1.2 Million Funding Under Kerala Startup Mission
The company has secured USD 1.2 million in a pre-series fundraising round headed by AHK Ventures, an early-stage venture capital firm.
- Categories
- Education, Technology
- Region
- Asia Pacific
- Tags
- innovation, startups
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India’s Anti-Money Laundering Laws Will Now Apply to Crypto Transactions
India's cryptocurrency exchanges will have to report suspicious activity to the government's Financial Intelligence Unit.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Silicon Valley Bank Collapse Threatens Climate Start-Ups
The bank had relationships with more than 1,500 companies working on technologies aimed at curbing global warming.
- Categories
- Environment, Finance, Technology
- Region
- Global
- Tags
- climate change, failure, startups
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Press Release: Monnai Secures $6.5 Million Series A Funding Led by Tiger Global
By providing fintechs and financial institutions with an innovative, modern global infrastructure, Monnai empowers its clients to more efficiently and accurately leverage data to make decisions throughout the lifecycle of their customers.
- Categories
- Finance, Technology
- Region
- Global
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Press Release: Palmetto Closes $150 Million Investment from TPG Rise Climate
Palmetto announced it has raised $150 million to continue spurring the adoption of clean energy and access to residential solar across the United States.
- Categories
- Energy, Investing, Technology
- Region
- North America
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