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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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Wahu Mobility and Letshego Partner to Accelerate Electric Vehicle Ownership Across Africa
The initiative introduces affordable financing options for EV ownership.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
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Chinese Gen AI Startup Zhipu Launches $211 Million Fund
One of China's leading AI startups has reportedly launched a fund investing in early-stage large language model companies.
- Categories
- Technology
- Region
- Asia Pacific
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African ‘Gender Equal’ VC Janngo Capital Closes Second Fund at $78 Million
The firm stylizes itself as a “gender equal” investor and has so far lived up to its name.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Nigerian Climate-Tech Startup Earthbond Raises Funding From Madica to Boost Financing Capacity
The startup enables businesses to go solar through access to embedded solar finance and a marketplace of accredited solar installers and suppliers.
- Region
- Sub-Saharan Africa
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Nigerian B2B E-Commerce Startup, OmniRetail Acquires Traction Apps
According to Alli and Adejuyigbe, the acquisition will enable Traction's services to reach a larger audience.According to Alli and Adejuyigbe, the acquisition will enable Traction's services to reach a larger audience.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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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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