Given that VCs are putting more money to work in Africa this year as the quarters tick along, it’s reasonable to anticipate that 2022 could bring even greater total venture investment.
Tiger’s den of due diligence
Hello and welcome back to Equity, a podcast about the business of startups where we unpack the numbers and nuance behind the headlines! This is our Friday show, a roundup of the week’s biggest and most fascinating stories from startups, venture capital and technology. Natasha and Alex along with Grace and Chris had to cut […]
Promoted.ai takes in fresh capital to grow your marketplace
The company is answering the question of how you fairly come up with a way to share the attention between big and small sellers
5 ways to improve mental health for software developers
As remote teams, we need to communicate more, and when it comes to mental health, it’s better to say something and find out someone is fine than have them reach a breaking point alone.
Demand Curve: How Zapier acquires customers via its homepage
Apply these copywriting tactics and strategies to your startup’s homepage to increase conversions.
Ro is in talks to acquire at-home sperm storage startup Dadi
Ro, a direct-to-consumer health company valued by its investors at $5 billion, is nearing a deal to acquire at-home sperm storage upstart Dadi, per multiple sources familiar with the unicorn’s business. The deal would be Ro’s fourth acquisition in the past 12 months, along with Workpath, Kit and Modern Fertility. The deal is near close […]
South Africa’s Root gets $3M, plans to expand low-code insurance platform to Europe
Insurance lags behind other financial services in the adoption of digital technologies. Granted, a few unicorns have popped up from the modern digital insurance space such as Tractable and Lemonade; however, this sector hasn’t raced to the stage as quickly as say, payments or lending. With the global insurtech market worth over $5 trillion, there […]
Indonesia’s GoTo Group raises over $1.3B in first pre-IPO close
Indonesia-based startup GoTo Group announced today it has secured more than $1.3 billion in the first close of its pre-IPO funding. The latest round was led by Abu Dhabi Investment Authority (ADIA), with participation from Avanda Investment Management, Fidelity International, Google, Permodalan Nasional Berhad (PNB), Primavera Capital, SeaTown Master Fund, Temasek, Tencent and Ward Ferry. […]
Nigeria’s Helium Health acquires Qatar’s Meddy in rare Africa-GCC deal
Nigeria-based health tech startup Helium Health has acquired Meddy, a Qatar-headquartered and UAE-based doctor booking platform for an undisclosed amount. The acquisition, termed “a great deal” by Helium Health CEO Adegoke Olubusi on a call, is unusual in the sense that it overlaps two regions that rarely do in tech: Africa and the Gulf Cooperation […]
E-commerce logistics startup Hive buzzes following $34M investment
Hive levels the logistics playing field by streamlining fulfillment so that DTC companies get the same inventory management, cost structure and customer notifications that big brands use.