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Tofino Capital Launches $10 Million Fund for Frontier Tech in Africa, Other Markets
VC firm Tofino Capital has completed a first close of US$5 million of a US$10 million fund focused on investing in early-stage companies in Africa, Latin America, Asia and the Middle East.
- Categories
- Finance, Technology
- Region
- Global
- Tags
- impact investing, startups
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Bboxx Reportedly Acquires Ghana’s Peg Africa for $200 Million
Bboxx, a London-headquartered cleantech startup has reportedly acquired PEG Africa, another cleantech startup based in Accra.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- renewable energy, startups
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School Fees Payment Startup Zenda Raises $9.4 Million
Zenda was founded in June 2021 by Raman Thiagarajan and Haseeb Ahmed, alumni of McKinsey & Company. Thiagarajan and Ahmed had previously founded edtech startup Nexsquare in Dubai.
- Categories
- Education, Technology
- Region
- Asia Pacific
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JiPay Raised US $1.3 Million of Seed Funding Led by East Ventures
JiPay, a Singapore-based fintech startup, creates an inclusive financial services platform for migrant domestic workers.
- Categories
- Finance, Technology
- Region
- South Asia
- Tags
- employment, fintech, remittances, startups
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A Non-Profit Venture Fund Aims to Back 200 Startups Established by Refugee Ukrainian Entrepreneurs
The fund hopes to help Ukrainian entrepreneurs who have fled to the West, founder Roman Tyan told Insider.
- Categories
- Uncategorized
- Region
- Europe & Eurasia
- Tags
- migrants, nonprofits, refugees, startups
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Tofino Capital Closes First Round of $10 Million Fund to Back Startups in Africa
The VC will invest between $50,000 and $500,000 in early-stage companies, particularly pre-seed and seed stages.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- startups, venture capital
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Cold Chain Startup Celcius Raises $4.5 Million To Help Small-Scale Regional Transporters Across India
The fresh capital will be used to expand footprint to more than 500 cities and strengthen teams across tech, sales and operations.
- Categories
- Investing, Technology
- Region
- Global
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Newton School Secures $25 Million in Funding Led by Steadview Capital
The capital raised will be used to accelerate the company's growth and expand its team, technology and brand building initiatives, the company said.
- Categories
- Education, Technology
- Region
- Asia Pacific