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Reaction Engines’ Mach 5 engine is just the tip of the new aerospace boom

Reaction Engines’ Mach 5 engine is just the tip of the new aerospace boom Imagine a hypersonic passenger aircraft that would cut the journey time between London and New York to around two hours. At Mach 5, or five times the speed of sound, the aircraft would complete a trip across the Atlantic in […]

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Africa Roundup: Yamaha backs MAX, Founders Factory and Norrsken support startups, inside Ethiopia’s tech scene

Africa Roundup: Yamaha backs MAX, Founders Factory and Norrsken support startups, inside Ethiopia’s tech scene Competition in Africa’s two-wheel ride-hail market is accelerating. Nigerian motorcycle transit startup MAX.ng was the latest startup to add funding, raising a $7 million funding round in June with participation of Japanese manufacturer Yamaha. Based in Lagos, […]

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Founders Factory is going live in Paris

Founders Factory is going live in Paris After London and Johannesburg, startup accelerator and incubator Founders Factory is launching a third city — Paris. Once again, the company is partnering with a corporate backer. And this time, insurance company Aviva France is backing Founders Factory Paris. Albin Serviant is heading the team […]

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Africa Roundup: Local VC funds surge, Naspers ramps up and fintech diversifies

Africa Roundup: Local VC funds surge, Naspers ramps up and fintech diversifies Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Tarform debuted new e-motorcycles but is there a U.S. market? Naspers announces $300 million […]

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Pan-European seed fund firstminute hits a final fund close of $100M

Pan-European seed fund firstminute hits a final fund close of 0M New UK early stage VC firstminute Capital launched in June last year to the tune of $60m, with Atomico Ventures as it’s first cornerstone investor. They were joined by 30 unicorns founders form Europe. Last September they brought in the huge […]

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