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TaxiTV Raises Seed Fund From Beta.Ventures

Lagos-based advertising-technology startup TaxiTV  has raised an undisclosed amount of seed funding in a round led by Beta.Ventures. Other backers in the round include Collins Onuegbu of SASWARE, Sam Senbanjo of Neon Ventures and several prominent individual investors. Founded in October 2017 by Akinbola Asalu and Dami Osiyale,  TaxiTV provides advertising channels for corporate brands… Read More »

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New Voices Fund -a $100 million fund for women of color

On Thursday, Richelieu Dennis, founder of SheaMoisture products and current owner of Essence Magazine, announced a $100 million fund for women entrepreneurs of color at the 2018 Essence Festival. “About six months ago, we announced that we were launching the new voices fund,” Dennis told the audience at the press conference during the Essence Festival…. Read More »

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SaffronStays Raises $2 million in Pre-series A fund round

Micro-hospitality startup has raised about $2 million from venture capital firm Sixth Sense Ventures. The pre-series A investment will help SaffronStays expand the number of holiday properties under its platform. Founded in 2015 by Devendra and Tejas Parulekar, SaffronStays curates and manages hospitality operations, reservations, branding and marketing for private vacation homes owned by high… Read More »

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AmRest Holdings SE seeks to invest in Delivery Startup Glovo

According to unnamed sources, Polish restaurant group AmRest Holdings SE is looking to invest in Spanish startup Glovo. Glovo, which offers a ‘shop on your behalf’ app that promises to let you order anything locally on-demand and have it delivered “within minutes”, is seeking  to raise about 115 million euros ($135 million) The funding round… Read More »

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Who are The VC Firms Behind Billion-Dollar Crypto Startups

The number of crypto organizations achieving the “unicorn” status — privately held start-up companies possessing a current valuation of $1 billion USD or more — has been increasing steadily due to the  dramatic rise in value of crypto currency. There are currently over 27 fintech unicorns worldwide with crypto platforms such as Robinhood, Revolut, and… Read More »

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World Bank Report: High Rate of Palestinian Women Led Startups

  According to the report, twenty-three percent of Palestinians who founded tech companies in the West Bank and Gaza Strip are women, a figure that is almost twice the figure of cities like New York. Palestinian startup ecosystem has one of the highest rates of female entrepreneurs across analyzed ecosystems. This is according to a new World… Read More »

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Lady Gaga working on a new beauty startup

Singer, actress and restauranteur Lady Gaga is seeking to add another feather to her cap. The entertainer’s company, Ate My Heart Inc., is currently working on a new brand of cosmetics called “Haus Beauty.” Haus Beauty — which is currently in “stealth mode”  is being run by CEO Ben Jones, the former chief digital officer at Honest… Read More »

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Toyota AI Ventures looking to fund robotic startups

On wednesday,  Silicon Valley-based venture capital firm Toyota AI Ventures partnered with the Toyota Research Institute (TRI) to open a “call for innovation” with the goal of funding startups with good ideas on mobile manipulation technology for assistive robots. The initative offers promising startups the opportunity to secure $500,000-$2 million in venture capital funding from Toyota AI… Read More »

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Google and Uber invest $335 million in scooter startup Lime

Less than two weeks after Bird announced it had raised $300 million at $2 billion valuation, on monday, scooter rival Lime announced a new funding round of $335 million. The round was led by Alphabet’s tech investing group GV with participation from earlier Lime investors including Andreessen Horowitz and Singapore’s Sovereign Wealth Fund, and new investors Alphabet, IVP,… Read More »

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