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Modus Expands to Sub-Saharan Africa With the Launch of Its AI and Blockchain-Focused $75 Million Fund
New York-based venture platform Modus has launched Modus Africa, a venture capital fund for AI and blockchain startups across sub-Saharan Africa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Indonesia’s Pertamina to Invest $500 Million in Renewable Energy Fund
The EV ecosystem will add an estimated $10 billion to Indonesia's economy and create 200,000 jobs by 2030.
- Categories
- Energy
- Region
- South Asia
- Tags
- renewable energy, startups
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The Urgent Need to Address Climate Impacts on MSMEs: Recommendations for Designing Right-Fit Tools and Solutions
Micro, small and medium-sized enterprises (MSMEs) provide a critical link to goods and services while generating income for millions of households around the world. But as Bethany Kanten at Mercy Corps Ventures points out, these businesses remain underserved in several areas that are limiting their resilience to key challenges – including climate change. She shares new research based on interviews with hundreds of MSMEs in Africa, which reveals the opportunity for innovators, investors and funders to positively impact these enterprises with climate solutions.
- Categories
- Environment, Investing, Telecommunications
- Tags
- climate change, innovation, MSMEs, research, startups
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Analysis: Profiling the Indian SAAS Landscape – A $1 Trillion Opportunity for Businesses
India’s rapidly digitizing business ecosystem has accelerated opportunities for the Software-as-a-Service (SaaS) segment within the information technology (IT) sector.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- startups
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Tesla-Backed Startup Launches Microgrid Powering 2 African Villages
ZOLA Electric, a Tesla-backed company providing energy to remote African villages through solar and batteries.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- renewable energy, startups
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Yassir Raises $150 Million Series B to Ramp Up Africa and Global Expansion
Yassir, a San Francisco-based Algerian super-app offering on-demand services and financial services, will use the funding to power its expansion across Africa and the rest of the world.
- Region
- Global
- Tags
- startups
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BEENEXT Leads $3.4 Million Seed Funding Round in Bengaluru-Based Gaming Startup Driffle
The Bengaluru-based startup will use the funds to invest in hiring, strengthening tech infrastructure, product development and expanding to new markets.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Satgana Closes €30 Million Fund to Support African Climate Tech Startups
Satgana will concentrate on food, agriculture, energy, mobility, industry, buildings, carbon removal, and the circular economy.
- Categories
- Environment, Investing, Technology
- Region
- Sub-Saharan Africa
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