Startup company
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Trends
Sokowatch raises $14M to digitize Africa’s informal B2B supply-chain
Kenya based B2B e-commerce startup Sokowatch has raised $14 million in Series A funding toward its mission of revamping supply-chain…
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Business
African crowdsolving startup Zindi scales 10,000 data scientists
Cape Town based startup Zindi has registered 10,000 data-scientists on its platform that uses AI and machine learning to crowdsolve…
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STARTUPS
Oyo’s revenue surged in FY19, but loss widened, too
Budget-lodging startup Oyo reported a loss of $335 million on $951 million revenue globally for the financial year ending March…
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Finance
TLcom Capital closes $71M Africa fund with plans to back 12 startups
VC firm TLcom Capital has closed its Tide Africa Fund at $71 million with plans to make up to 12…
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Finance
RaySecur, a mailroom security startup, raises $3M in seed funding
Raysecur says at least ten times a day someone sends a suspicious package containing powder, liquid, or some other kind…
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Trends
SoftBank reportedly preps a package to take control of WeWork parent company
SoftBank Group, the multi-billion dollar Japanese technology conglomerate and investment firm, has put together a bid that would save WeWork…
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Trends
83North closes $300M fifth fund focused on Europe, Israel
83North has closed its fifth fund, completing an oversubscribed $300 million raise and bringing its total capital under management to…
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