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Jacqueline Novogratz and Acumen Raise $300 Million For Off-Grid Solar In Africa
Backers include Green Climate Fund, IFC, Shinhan Bank, Nordic Development Fund and Soros Economic Development Fund.
- Categories
- Energy, Social Enterprise
- Region
- Sub-Saharan Africa
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Kenya’s eBee Lays off Employees Across All Departments in Major Restructuring
"The layoffs reflect broader challenges facing Kenya’s e-mobility sector, where riders are opting for cheaper electric motorbikes over eBee’s bicycles . . ."
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-mobility, failure, scale, startups
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VC Firm Crane Launches $135 Million Fund in Asia Pacific
Crane Venture Partners was founded in 2015 and invests in technology companies at early stages across multiple regions.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Elon Musk’s xAI Secretly Dropped Its Benefit Corporation Status While Fighting OpenAI
While xAI, and its supplier, Solaris Energy Infrastructure, initially promised to use pollution controls with the turbines, those haven’t yet materialized.
- Categories
- Technology
- Region
- North America
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SMBC Invests in Novastar Ventures’ New Fund
This commitment is a clear indicator of a wider, calculated trend of Japanese corporate capital being strategically deployed into Africa’s vibrant and rapidly expanding technology startup ecosystem.
- Categories
- Investing, Technology
- Region
- Global
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Nigeria’s Koolboks Raises $11 Million to Scale Solar-Powered Refrigeration Across Africa
The company designs solar-powered refrigeration units that pair ice-battery thermal storage with IoT telemetry.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Ghana’s Complete Farmer Secures $5 Million Funding From Symbiotics to Strengthen Smallholder Farming
Swiss impact investor Symbiotics has provided a USD 5 million debt facility to Complete Farmer, the Ghanaian agritech startup focused on strengthening agricultural value chains in West Africa.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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RMI Welcomes 18 Climate Tech Startups From Six Countries to Climate Tech Accelerator Third Derivative
Its portfolio represents 27 different countries, with over $3.7 billion raised by companies since their acceptance to Third Derivative, and over 4,400 jobs created.
- Categories
- Energy, Environment
- Region
- Global
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