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Techstars Lagos Shuts Down After Two Years and 24 Investments
Techstars, a global venture capital accelerator with over 4,500 portfolio companies, partnered with Nigerian-based ARM Labs to bring its three-month program to Lagos for the first time in December 2022.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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ID Verification Company Equal Bags $10 Million in First Institutional Raise
Equal is building a platform which helps businesses streamline their know your customer (KYC) processes and prevent fraud, thereby assisting in regulatory compliance through integration with about 50 identity databases.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Green Jet Fuel Producers Are Crossing a Daunting Climate Tech Barrier
Pat Gruber learned the hard way how difficult it can be to raise money for novel climate tech. When he went to apply for a US federal loan to build a big new SAF factory, he thought the money would be easy to lock in. It wasn’t.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Press Release: Partnership Aims to Commercialize Next-Gen Energy and Mobility Solutions
WDI will support select universities and research centers in Chihuahua, Mexico to help prototypes related to energy and mobility reach the market.
- Categories
- Energy, Transportation
- Region
- Global
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Advance Mobility Bags $3 Million From India Accelerator, Finvolve
With this funding, Advance Mobility aims to scale up operations and expand footprint.
- Categories
- Transportation
- Region
- Asia Pacific
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The Problem with ‘Forced Entrepreneurship’: How Universities — and Venture Capitalists — are Failing Climate Tech Innovators
Universities are increasingly positioning themselves as hubs of business innovation, and as Emre Eren Korkmaz at the University of Oxford explains, their support has become an important driver of climate tech innovation. But he argues that universities’ "one size fits all" approach to supporting these innovators is fundamentally flawed, prioritizing the pathway to entrepreneurship — and the demands of venture capitalists — rather than empowering true innovation. He explores the problem and highlights some alternative approaches.
- Categories
- Education, Environment, Investing, Social Enterprise, Technology
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Indian Tycoon Ratan Tata Dies Aged 86
In a statement announcing Tata's death, the current chairman of Tata Sons described him as a "truly uncommon leader".
- Region
- Global
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Supporting the Resilience of Small Businesses in India: The Value of Flexible Funding During a Crisis
Over 122 million people in India lost their jobs during the initial COVID-19 lockdown in April of 2020, and small traders and wage workers accounted for around 75% of those job losses. Amit Choudhary at Upaya Social Ventures explores how Upaya pivoted to support small businesses during that challenging time, discussing the evolving funding strategies it used — and how these approaches can provide a model for the broader impact investing sector during periods of crisis.
- Categories
- Investing
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