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East Ventures and SV Investment Announce $100 Million Fund to Drive Tech Startups Across SE Asia and Korea
The fund, launched in October 2023, is designed to invest in revenue-generating tech startups across key sectors, such as biotech, healthcare, future mobility, green technology, and media & content.
- Categories
- Technology
- Region
- South Asia
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Nigeria-Born Banking Startups Target Emerging Market Gig Workers
The startups are not banks in themselves, but partnerships with lenders licensed by central banks make them de facto digital banks.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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African Investors Are Plowing More Funds Into Climate Tech
About a third of the investment into African startups went to those driving climate tech solutions in each of the last two years, according to Africa: The Big Deal’s data.
- Categories
- Agriculture, Energy, Technology
- Region
- Sub-Saharan Africa
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DisrupTech Ventures Leads USD 1.7 Million Pre-Seed For Egyptian-Founded Crypto Startup
DisrupTech’s investment in Hamilton marks a strategic move beyond its focus on Egyptian fintech to the blockchain space and global markets.
- Categories
- Technology
- Region
- North Africa & Near East
- Tags
- blockchain, cryptocurrency, fintech, startups
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It’s Time to Talk about Founder Wellbeing in Africa: A Landmark Survey Highlights the Need for Greater Support
The pressure of building a successful business takes a mental, emotional and physical toll on entrepreneurs, and this can affect their business outcomes if they don’t make their own wellbeing a priority. Yet as Stella Klemperer at Flourish Ventures argues, the topic of founder wellbeing has not been given the attention it deserves. She shares insights from the first large-scale survey of entrepreneurs’ journey and wellbeing in Africa, including nearly 200 startup founders across 13 countries. As she explains, this research shows why supporting entrepreneurs' wellbeing is a strategic imperative for investors, founders and other stakeholders.
- Categories
- Investing, Social Enterprise
- Tags
- impact investing, research, startups
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Report: Shifting Investor Appetite Prolongs Fundraising for African Startups
African startups will have to become comfortable with longer fundraising timelines, a new report suggested, as more dealmakers flock to ventures at the seed stage in a changing investment landscape.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- research, startups, venture capital
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Gates Foundation-Backed I3 to Invest $1.6 Million in 15 African Healthtech Startups
The initiative will give $50,000 equity free grants to ten early stage startups and up to $225,000 each to five early stage startups who are solving problems in healthcare delivery, pharmacy services, and product distribution.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Indonesia’s eFishery Unicorn Allegedly Faked Most of Its Sales – Report
A preliminary, ongoing probe into the agritech startup estimates that management inflated revenue by almost $600 million in the nine months.
- Categories
- Agriculture
- Region
- South Asia
- Tags
- startups
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