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Modus Expands to Sub-Saharan Africa With the Launch of Its AI and Blockchain-Focused $75 Million Fund
New York-based venture platform Modus has launched Modus Africa, a venture capital fund for AI and blockchain startups across sub-Saharan Africa.
- Categories
- Entrepreneurship, Technology
- Region
- Sub-Saharan Africa
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R2 Closes $15 Million Series A Round to Provide Frictionless Credit to Small Businesses
87% of credit demand by small businesses in Latin America is unmet, and R2’s goal is to change this reality through an embedded lending infrastructure.
- Categories
- Entrepreneurship, Finance, Technology
- Region
- Latin America
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SaaS Firm SquadStack Raises $17.5 Million led by Bertelsmann India Investments
The startup aims to utilise the funding to hire top talent and strengthen its workforce for expansion. It also plans to increase its sales experts base and further expand into new verticals.
- Categories
- Investing
- Region
- Asia Pacific
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Fynehand to Invest Over USD $1 Million In AI Talent Marketplace, FlexC
FlexC announced that it has raised funds from Fynehand in Pre-Series Funding round. Fynehand will be investing over USD $ 1 million in the AI talent marketplace. Siddharth Raisurana from Fynehand has come on board.
- Categories
- Technology
- Region
- Asia Pacific
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Analysis: Inside Facebook’s African Sweatshop
Here in Nairobi, Sama employees who speak at least 11 African languages between them toil day and night, working as outsourced Facebook content moderators.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Cassava, Nigeria’s Insurtech, Raises $4 Million for Affordable Insurance to Nigerians, Africans
Nigeria’s first full-fledged digital insurance company, Casava, has secured $4 million in pre-seed funding to provide affordable and accessible insurance products for millions of Nigerians.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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AI Startup Fractal Becomes Unicorn With $360 Million Investment From TPG
Fractal has raised $360 million from TPG in a new financing round and entered the unicorn club as the Mumbai and New York-based AI startup,
- Categories
- Technology
- Region
- Asia Pacific
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Smarter Health Gets USD $3.8 Million To Reduce Healthcare Costs in Southeast Asia
Smarter Health’s AI-based tech enables secure data exchanges (with patient consent) between healthcare providers, insurers and patients.
- Categories
- Health Care, Technology
- Region
- South Asia
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