Former Rovio head of content strategy Nick Dorra has opened Haruworks, a new Finnish animation startup that will develop and produce original, multiplatform TV shows for preschoolers and kids.\ The company will begin initial conversations about its development slate at Kidscreen in Miami, with view to presenting the final slate at MIP TV this April. The… Read More »
Man Capital and GirnarSoft have made an investment to the tune of $2 million in higher education-focused technology startup CollegeDekho. GirnarSoft is also a parent company of the Gurugram-based startup. The startup will use the fresh proceeds towards technology, expanding collaboration with international colleges and to increase marketing activities, including more offline campaigns. CollegeDekho runs… Read More »
Berlin based Penta, a challenger bank for startups and small businesses, has raised a €2.2 million seed round one month after launching in Germany. Launched in May last year, Penta moved out of private beta in December with a wait-list comprising 3000 local businesses. The company has set a target of recruiting over 10,000 businesses… Read More »
On Monday, the founder and chief executive officer of a now-defunct Silicon Valley technology company start-up known publicly as WrkRiot pleaded guilty for defrauding several of his company’s former employees by luring them to join his company based on false and misleading statements about his educational, professional and financial background, and by enticing them to… Read More »
Kenyan startup BrilliantPay has launched its suite of payment APIs and tools for e-commerce companies and any organisation that accepts cashless payments. The BrilliantPay suite of payment solutions support most payment flows, including one-time payments, disbursements, recurring payments, and payment assurance. Chief executive officer (CEO) Tonnie Nyabuto told Disrupt Africa the design of the solution… Read More »
Walmart has acquired a small virtual reality shop, called Spatialand, to be the main attraction of its VR efforts, with hopes that the retail giant will someday transform the shopping experience across the company’s different websites and stores. Spatialand makes software tools that let creators transform existing content into immersive, virtual reality experiences. The startup… Read More »
South Korean startup booster Lotte Accelerator will expand and diversify its investment capital in Vietnam’s startup ecosystem this year, said Jin Sung Rhee, CEO of Lotte Accelerator at Demo Day event held by Vietnam Silicon Valley (VSV) on February 1. “We have completed our commitment to invest $1 million in Vietnam’s startup (ecosystem) through… Read More »
A member of the UK House of Lords, a businessperson, and a veteran of an IDF intelligence unit are the three managing partners in Hetz Ventures, a new UK venture capital fund for investing in Israeli startups. Hetz Ventures, revealed here for the first time, is a $50 million fund for investment in Israeli startups… Read More »
HydroIQ, a Kenya-based firm which uses GPS and internet enabled devices plugged into existing water supply systems, homes, business premises and along water distribution network to automatically monitor water use, quality and leakages, has been selected as one of the winners in the “Startup of the Year Africa 2018” contest, winning Sh1.3 million at a ceremony… Read More »
Nestrom, a Jordan-based agri-tech startup developing farm management systems, has raised undisclosed amount of seed funds from investors Propeller Inc, 500 Startups, global agricultural enterprise Agrimatco, Wamda Capital, and other angel investors. Co-founded by entrepreneurs Yousef Wadi, Kanaan Manasrah, and Shadi Al Shalabi in early 2017, Nestrom focuses on “delivering high-end, easy to deploy agricultural… Read More »
