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AFRICAN STARTUPS FUNDING
Anthropic, Gates Foundation launch $200 million partnership for AI in health, educationAnthropic and the Gates Foundation have teamed up to allocate $200 million over the span of four years, with the goal of advancing artifici...- Sunil Bharti Mittal announces succession plan: Meet the GenNextAirtel founder Sunil Bharti Mittal is preparing for a leadership change over the next ten years. His three children, Kavin, Shravin, and Ei...
- Energy shock ripples from kitchens to forests as Africa and South Asia grapple with rising fuel costsGlobal fuel price hikes are pushing families in Kenya and India back to burning charcoal and wood. This reversal threatens years of progres...
- ETtech Deals Digest: Startups raise $460 million in July so far, down 47% on-yearStartups across seed, early, and late stages raised the funds through 80 deals, compared to 161 in the year-ago month.
- Google commits $37 million to AI development in AfricaGoogle on Thursday unveiled a $37 million package to accelerate artificial intelligence development across Africa, pledging support for loc...
- ETtech Deals Digest: Startups raise $124 million this week, down 59% on-yearThe number of deals during the week was down at 26 transactions, compared to 37 in the corresponding week of the previous year.
- African startups seek an 'angel' amid myriad funding challengesStartups in Africa face myriad hurdles, from laws and regulations and lack of infrastructure to a fragmented continental market. But fundin...
- African space tech? Don't rule it out, says Nigeria's startup kingAboyeji, who has many of the trappings of a global tech boss -- he is often known simply as "E" and he wants to build a city devoted to tec...
- Nigeria launches $672 million tech fund for young investorsThe fund - targeting 15 to 35-year-olds - comes at a time when there are concerns locally about the failure of US startup-focused lender SV...
- Leeds, Prosus lead $113-million round in edtech firm EruditusWith the latest investment, the company’s valuation has jumped to over $800 million, sources said, making the executive education firm amon...
- SoftBank launches $100 mn fund investing in 'people of colour'Named the "Opportunity Growth Fund", its total initial size is less than a typical single investment by the $100 billion Vision Fund, which...
- Dubai sets sight on Indian startups to become innovation hubThe hub organised roadshows at the Indian startup capital of Bengaluru and Delhi last month to identify and attract high-potential startups...
- Bengaluru, Delhi top in startup fundingThe report said the Japanese company’s portfolio includes more than 65 companies in the Asian hubs, showing how a single investor has prope...
- Golflan gets $1.2-million to swing big nowThe startup, which has operations in India, Middle East and Southeast Asia, will use the funds primarily to expand operations in other coun...
- Naspers' PayU may invest in lending startup ZestMoneyThe ZestMoney platform enables instant account opening and real-time credit approval, combined with digital loan servicing and repayments t...
- Intel's $125 million fund to fight gender and racial imbalance in Silicon ValleyThe fund, called Intel Diversity Fund, will invest in startups run by women and underrepresented minorities.
- IIM Calcutta to seed fund winners of international business plan contestTill date, the winners participating at the competition organised by the entrepreneurship cell of IIM-C have been given prize money of arou...
- COAI earmarks up to Rs 2 crore on mobile radiation awareness planCOAI today said it estimates to spend around Rs 1-2 crore on campaigns to create awareness on radiation from mobile towers.
- Local startups eye foreign locales with friendly policiesYoung ventures are taking advantage of special visas, government incentives and networking facilities in markets such as Chile, Canada and ...
- Oogwave sees 3-fold growth in user base in 15 monthsTechnology start-up Oogwave expects nearly three-fold growth in its customer base in the next 15 months.
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