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Japanese VCs Launch USD $20 Million Early-Stage Startup Fund for Africa & MENA
The fund will invest in four key sectors: finance, mobility, distribution, and sustainability. Furthermore, it will focus on areas such as mobile payments, microlending, digital retail, logistics, and agri-tech.
- Categories
- Investing
- Region
- North Africa & Near East
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500 Global and UNDP Launch New Innovation Programs to Boost Africa’s Ecosystem
The launch is the latest in a series of firm actions to reinforce support for the African venture ecosystem.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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54 Collective, Formerly Founders Factory Africa, Shuts Down Venture Studio Amid Mastercard Foundation Dispute
54 Collective, the venture firm formerly known as Founders Factory Africa, has shut down its venture studio operations as its partnership with the Mastercard Foundation ended in legal action.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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LSE’s 100X Impact Announces a New Cohort of Future ‘Social Unicorns’
LSE will provide over £2.4 million in unrestricted catalytic funding to the cohort, alongside access to 100x’s accelerator programme and world-class expertise to help scale their impact.
- Categories
- Health Care, Social Enterprise
- Region
- Global
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Africa’s First Cell & Gene Therapy Startup Altera Biosciences Raises R29 Million
This milestone positions Altera at the forefront of biotech innovation in Africa.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Yali Capital Raises $104 Million in Debut Deep-Tech Fund in India
Overall, Yali Capital is bullish on six sectors within deep tech: chip design, aerospace and surveillance, robotics, genomics, artificial intelligence, and smart manufacturing.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- data, startups, venture capital
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Foxmont Secures $30 Million First Close for Fund III, Anchored by Dutch DFI
With Fund 3, Foxmont welcomes two new institutional investors with the first close.
- Categories
- Finance
- Region
- South Asia
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HAVAÍC Reaches $25 Million Second Close for African Tech Fund
The fund, targeting a final close of $50 million, focuses on early-stage, post-revenue technology startups born in Africa with global potential.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa