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Deep Tech in Focus as Startup India Enters Phase-II on January 16
The second phase, under which startups will work in areas such as semiconductors, quantum computing, and artificial intelligence, comes nearly eight years after the initiative was first launched.
- Categories
- Technology
- Region
- Asia Pacific
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Cameroonian Fintech Startup Koree Secures $200,000 Pre-seed Funding
Koree’s solution is aimed at resolving the issue of spare change in cash-dependent economies by offering a card and digital wallet.
- Region
- Sub-Saharan Africa
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Funding Reaches Two-Year Decline as African Startups Raise $3.2 Billion in 2023
Even with the decline in the first three quarters of 2023 compared to the last two years, investment levels remain significantly higher than pre-pandemic levels.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- startups, venture capital
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India’s BluSmart Raises $24 Million to Develop Large-Scale EV Charging Hubs
BluSmart Mobility recently raised US$24 million in a new funding round to develop large-scale EV charging hubs.
- Categories
- Technology, Transportation
- Region
- Asia Pacific
- Tags
- e-mobility, infrastructure, startups
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Pivo Africa Closes A Year After Securing $2 Million Funding
Pivo Africa, a Nigerian fintech startup, backed by Y-Combinator, has shut down prematurely after launching in 2021 and securing $2M funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Bujeti Raises $2 Million to Boost Corporate Card Platform in Africa
The platform simplifies the issuance of corporate cards to employees and contractors, streamlining spending processes.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Ivorian Healthtech Startup, Susu, Raises $4.9 Million in Funding to Expand into New Markets
Susu provides care packages to patients who need close supervision to ensure that long-term health conditions are tracked and that preventive advice on how to better manage them is received.
- Categories
- Health Care, Investing, Technology
- Region
- Sub-Saharan Africa
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Jumia Discontinues Food Delivery Across Seven Markets, Shifts Focus to Expanding Physical Goods Business
Jumia is redirecting its focus toward the core physical goods business and maintaining its JumiaPay operations across all 11 markets.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, failure, startups
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