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Elon Musks’ Starlink Partners with Jumia to Boost Fast-Speed Internet in Africa
The partnership with Jumia will help Starlink sell terminals in areas that lack formal addresses and city mapping, Bloomberg reported.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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CAF to Allocate USD$5 Million to Finance Innovative Startups
The Development Bank of Latin America and the Caribbean approved an investment of USD$5 million in NXTP Ventures Fund III to foster the development of technology startups in the region.
- Categories
- Investing, Technology
- Region
- Latin America
- Tags
- impact investing, innovation, MSMEs, scale, startups
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B2B SaaS Startup Data Sutram Raises $3 Million To Provide Location Based Insights To Banks
Data Sutram will use the fresh funds to expand to new markets, like Gulf countries and the Southeast Asian region.
- Categories
- Investing
- Region
- Global
- Tags
- data, startups, venture capital
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P1 Ventures Closes $25 Million of its Second $50 Million to Back Early-stage Startups
According to Hajjar, P1 Ventures is motivated to deviate from the norm and support the underdogs because it comes from a relatively small economy.
- Categories
- Health Care, Investing, Technology
- Region
- Sub-Saharan Africa
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Fretadão Raises R$50 Million and Invests in Its Own Fleet
Fretadão is focusing on expanding their fleet, but operations will continue to be carried out by transport partners.
- Categories
- Investing, Technology, Transportation
- Region
- Latin America
- Tags
- startups
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Brazilian Startup Nagro Raises $49 Million
In total, Nagro has granted over $60M in credit to more than 5,000 rural producers and farmers.
- Categories
- Investing, Technology
- Region
- Latin America
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Malaysian Pension Fund KWAP Launches $107 Million to Boost Malaysia’s Venture and Startup Ecosystem
According to the statement, Dana Perintis encompasses two strategic pillars: investments into selected Malaysia-focused venture capital (VC) funds and direct investments into early-stage companies.
- Categories
- Investing
- Region
- South Asia
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Japanese VC Incubate Fund Asia Announces First Close Of $50 Million Fund To Back India & Southeast Asia Startups
The VC firm will look to deploy the funds in 20 pre-seed and seed stage startups across India and Southeast Asia.
- Categories
- Investing
- Region
- Asia Pacific