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Regulatory roadblocks are holding back Colombia’s tech and transportation industries

Regulatory roadblocks are holding back Colombia’s tech and transportation industries Daniel Rodriguez Contributor Share on Twitter Daniel Rodriguez is CEO and co-founder of Picap, which has raised more than $7 million of venture capital for its mobility platform, which operates across eight Latin American countries. “You know we don’t drive down that […]

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African countries need ‘startup acts’ more than ever to support innovation

African countries need ‘startup acts’ more than ever to support innovation Adedana Ashebir Contributor Share on Twitter Adedana Ashebir is regional manager for Africa for Village Capital, which has supported more than 100 entrepreneurs and 15 entrepreneur support organizations in Sub-Saharan Africa since 2012. As the fallout from COVID-19 continues to grip […]

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

Kenyan logistics startup Sendy raises M 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 […]

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Catalyst Fund gets $15M from JP Morgan, UK Aid to back 30 EM fintech startups

Catalyst Fund gets M from JP Morgan, UK Aid to back 30 EM fintech startups The Catalyst Fund has gained $15 million in new support from JP Morgan and UK Aid and will back 30 fintech startups in Africa, Asia, and Latin America over the next three years. The Boston based accelerator […]

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Investors and utilities are seeding carbon markets with new startups

Investors and utilities are seeding carbon markets with new startups While most of the world agrees that carbon dioxide emissions from human activity are creating a climate crisis, there’s little consensus regarding how to address it. One of the solutions that’s both the most obvious and, seemingly, the most difficult for the […]

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Cervest raises £3.7M for Earth Science AI platform to predict climate effects

Cervest raises £3.7M for Earth Science AI platform to predict climate effects Climate risk, including extreme events and the related pressures our environment, are fundamentally affecting the way businesses and governments operate — both tactically and strategically. Increasing climate volatility is causing food supply disruptions and increasing pressure on Enterprises (including financial […]

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Remitly raises $220M to expand from money transfers to financial services, now at ~$1B valuation

Remitly raises 0M to expand from money transfers to financial services, now at ~B valuation When it comes to financial services in emerging markets, remittances — people sending money to each other across international borders, often not to established bank accounts — continues to be one of the biggest, with the World […]

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Waresix hauls in $14.5M to advance its push to digitize logitics in Indonesia

Waresix hauls in .5M to advance its push to digitize logitics in Indonesia Waresix​, one of a handful of startups aiming to modernize logistics in Indonesia — the world’s fourth most populous country — has pulled in $14.5 million to grow its 18-month-old business. This new investment, Waresix’s Series A, is led […]

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Norrsken opens East Africa startup fund and hub in Kigali

Norrsken opens East Africa startup fund and hub in Kigali Startups in East Africa have a new source for investment and mentorship. Sweden’s Norrsken Foundation—a coworking space and investment fund based in Stockholm—opened its tech fund and entrepreneurship hub in Rwanda today to support ventures across the region. Norrsken’s Kigali center is […]

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Contabilizei raises $20 million to ease Brazilians’ tax pain

Contabilizei raises million to ease Brazilians’ tax pain Online tax filing and accounting service, Contabilizei, has raised $20 million in a new round of financing led by Point72 Ventures, the early stage investment arm associated with hedge fund guru Steven Cohen’s Point72 Asset Management. Smart money in both the venture and private equity space […]

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