Category: investment

Kenyan logistics startup Sendy raises $20M round backed by Toyota

Africa’s logistics startup space has gained another multi-million dollar round with global backing. Kenyan company Sendy — with an on-demand platform that connects clients to drivers and vehicles for goods delivery — has raised a $20 million Series B led by Atlantica Ventures. Toyota Tsusho Corporation, a trade and investment arm of Japanese automotive company Toyota, also joined … Continue reading Kenyan logistics startup Sendy raises $20M round backed by Toyota →

Why Melinda Gates is investing $50 million to make the next Silicon Valley—starting in Chicago

Melinda Gates's Pivotal Ventures made one of its first investments in a startup with Sallie Krawcheck's Ellevest.BRYAN BEDDER GETTY IMAGES FOR THR Fortune reports that Melinda Gates is investing $50 million in creating more tech opportunities for women—outside of the industry’s usual power centers. The philanthropist in October pledged $1 billion towards expanding women’s power … Continue reading Why Melinda Gates is investing $50 million to make the next Silicon Valley—starting in Chicago →

Encantos Raises $2M in Seed Funding

Encantos, a Culver City-CA-based entertainment education company, raised $2M in seed funding.The round was led by Kapor Capital with participation from Boston Meridian Partners, Chingona Ventures, the Goldhirsh Foundation, Human Ventures, and MathCapital. Several existing and new angel investors, including Tom Chavez (CEO of super{set} Startup Studio), Rich Greenfield (Partner at LightShed Partners), Lydia Jett … Continue reading Encantos Raises $2M in Seed Funding →

Kidtech startup SuperAwesome raises $17M, with strategic investment from Microsoft’s M12 venture fund

According to a report from Tech Crunch, Kidtech startup SuperAwesome has raised an additional $17 million in funding, which includes a new strategic investment from Microsoft’s venture fund, M12. Others participating in the round include existing investors Mayfair Equity, Hoxton Ventures and Ibis, along with other angels.To date, SuperAwesome has raised $37 million in outside … Continue reading Kidtech startup SuperAwesome raises $17M, with strategic investment from Microsoft’s M12 venture fund →

Newcastle ‘in £340m takeover talks’ with Saudi Crown Prince after Man Utd bids

Saudi Crown Prince Mohamed Bin Salman could work together with Amanda Staveley over the potential £340m takeover of Newcastle Mike Ashley is in talks to sell Newcastle to the Saudi Arabia sovereign-wealth fund, it has been claimed. The influential Wall Street Journal are reporting the Saudi's are considering buying the Tyneside club for £340m. It is … Continue reading Newcastle ‘in £340m takeover talks’ with Saudi Crown Prince after Man Utd bids →

True winners and false losers in the Forbes 2020 billionaire rankings

The same names keep recurring — Dangote, Sawiris, Rabiu, Rebrab — but the rankings shift.In the 2020 Forbes magazine’s ranking of Africa’s billionaires, Aliko Dangote ($10.1bn) remains number one. Overall, two big winners stand out, while several others see their fortunes — and rankings — seriously reduced.The cumulative fortune of the continent’s billionaires, according to … Continue reading True winners and false losers in the Forbes 2020 billionaire rankings →

Corporate relocation startup Shyft raises $15M

Shyft is announcing it has raised $15 million in Series A funding to make the moving process less painful — specifically in the situations where your employer is paying for the move.Other startups are looking to offer concierge-type services for regular moving — I used a service called Moved last year and liked it. But … Continue reading Corporate relocation startup Shyft raises $15M →

Meet the Workaholic Problem Solver Whose Start-Up Is Reimagining India’s Fresh Produce Supply Chain

Thirukumaran Nagarajan is 34-years old and the co-founder of Ninjacart. As a hustler who gets bored easily, he says his biggest challenge has been to take a backseat and let people do the job. “There are two kinds of people. One, who find work to be a burden but they do it to earn money … Continue reading Meet the Workaholic Problem Solver Whose Start-Up Is Reimagining India’s Fresh Produce Supply Chain →

Singapore startup making cell-based milk secures pre-seed funding

TurtleTree co-founders Max Rye (left) and Fengru Lin / Photo credit: TurtleTree Labs TurtleTree Labs, a Singapore-based startup that leverages biotechnology to create the full nutritional content of milk, has raised an undisclosed amount of pre-seed funding in a round led by alternative protein-focused venture capital fund Lever VC.Asset management firm KBW Ventures and VC … Continue reading Singapore startup making cell-based milk secures pre-seed funding →