Tag Archives: Fund

MallforAfrica goes global, Kobo360 and Sokowatch raise VC, France explains its $76M fund

Jake Bright Contributor More posts by this contributor Harley-Davidson to expand EV lineup, may include scooters, bicycles Update: EV startups Alta, Energica, and Zero could reboot the motorcycle industry B2B e-commerce company Sokowatch closed a $ 2 million seed investment led by 4DX Ventures. Others to join the round were Village Global, Lynett Capital, Golden Palm Investments, and Outlierz  Ventures. The Kenya based company aims ...

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Golden Gate Ventures hits first close on new $100M fund for Southeast Asia

One of the fascinating things about watching an emerging startup ecosystem is that it isn’t just companies that are scaling, the very VC firms that feed them are growing themselves, too. That’s perhaps best embodied by Golden Gate Ventures, a Singapore-based firm founded by three Silicon Valley entrepreneurs in 2011 which is about to close a huge new fund for Southeast ...

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Amazon’s newest Alexa Fund recipients are less consumer-focused

Amazon is today announcing the new batch of startups joining its Alexa Accelerator program, powered by Techstars. Members of last year’s Amazon’s Alexa Accelerator program, which backs companies developing new experiences using voice-based technologies, went on to raise over $ 10 million in venture capital following their participation in the program, says Amazon. The new group includes startups focused on ...

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Apple announces clean energy fund in China

Apple has announced a new investment fund to foster clean energy usage in China. The company isn’t just trying to switch its own offices and facilities. Apple is also working with its suppliers to expand the use of clean energy across the board. For this fund in particular, Apple and 10 suppliers will invest $ 300 million over the next ...

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Sex pests: Bill Gates to fund modified mosquitoes in bid to wipe out malaria

Bill Gates wants genetically-modified mosquitoes to use sex to destroy their own offspring in a bizarre bid to wipe out malaria. The Microsoft founder is pumping $ 4 million into the endeavor to tackle the vector-borne disease, which is spread by female mosquito bites and kills 445,000 people a year. The plan is to release genetically-modified male mosquitoes into the ...

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New Zealand to tax tourists to fund strained infrastructure

The government of New Zealand is planning to introduce a tax on most international travelers to reduce the strain on its booming tourist sector, as well as to support infrastructure. The ministry of tourism will start collecting from visitors payment of NZ$ 35 (US$ 25) by the middle of next year. The new levy is expected to boost the country’s ...

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Samsung launches new fund for early-stage AI investments

Samsung is diving deeper into artificial intelligence after it announced a new fund focused on AI technologies and startups. The Korean firm’s ‘Samsung NEXT Q Fund’ is targeted at seed and Series A deals for startups that are “solving AI problems, as well as those using AI to solve computer science problems.” In particular, the announcement revealing the new fund ...

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

New UK early stage VC firstminute Capital launched in June last year to the tune of $ 60m, with European VC Atomico as its first cornerstone investor. They were joined by 30 unicorns founders from Europe and the US. Last September they brought in the huge China-based company, Tencent reaching a fund size of $ 85m. Today firstminute capital, the ...

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

New UK early stage VC firstminute Capital launched in June last year to the tune of $ 60m, with European VC Atomico as its first cornerstone investor. They were joined by 30 unicorns founders from Europe and the US. Last September they brought in the huge China-based company, Tencent reaching a fund size of $ 85m. Today firstminute capital, the ...

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