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Standard Chartered Ventures, Yabx Invest US $10 Million in African Fintech Furaha
Standard Chartered's venture arm and Tech Mahindra’s Yabx partner to launch digital lending platform targeting education finance gap in sub-Sahara African markets.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, venture capital
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Report: Shifting Investor Appetite Prolongs Fundraising for African Startups
African startups will have to become comfortable with longer fundraising timelines, a new report suggested, as more dealmakers flock to ventures at the seed stage in a changing investment landscape.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- research, startups, venture capital
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Charging Infrastructure Provider Bolt.Earth Nets $5 Million
The company plans to use the fresh capital for scaling up its business operations.
- Categories
- Investing, Technology, Transportation
- Region
- Asia Pacific
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Indonesia’s Skor Technologies Raises $6.2 Million in Pre-Series a Funding Led by Argor Capital
The capital raised will be focused on helping the business achieve scale while growing the team with key talents across the organization.
- Categories
- Finance, Technology
- Region
- South Asia
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South Park Commons Is Raising $40 Million for an India-Specific Fund
Unlike traditional VC funds and incubators like Y Combinator, South Park Commons looks for technologists who have strong ideas but may not be ready to fundraise yet.
- Categories
- Investing
- Region
- Asia Pacific
- Tags
- venture capital
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Africa’s Startups Need Patient Capital: Could the African Diaspora Help Provide it?
African startup funding amounts to a tiny fraction of global venture capital (VC), and these investments are often concentrated on sectors like fintech and e-commerce. As a result, as Kristin H. Wilson at Innovate Africa Fund argues, African founders often lack the capital and incentive to tackle the continent’s biggest development challenges. She proposes a new approach to funding innovative African-made solutions to these issues — one that leverages the capital and entrepreneurial expertise of the African diaspora.
- Categories
- Health Care, Investing
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VC Investment in Emerging Markets Plummeted by Over 40% Last Year
The data mirrors the wider global trend of reduced VC funding in the last two years, especially for non-AI companies.
- Categories
- Investing
- Region
- Global
- Tags
- data, research, venture capital
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Superfone, an All-In-One Business Phone and CRM App for SMBs, Raises $1.9 Million in India
This investment aims to fuel Superfone's mission of transforming how small and medium-sized businesses (SMBs) manage communication and operations.
- Categories
- Technology, Telecommunications
- Region
- Asia Pacific