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.
Discord pushes pause on exploring crypto and NFTs amidst user backlash
Discord founder and CEO Jason Citron sought to reassure users Wednesday that the company doesn’t have impending plans to shift its business toward NFTs. In a tweet earlier this week, Citron shared an image of crypto wallet MetaMask integrated into Discord’s user interface with the text “probably nothing” — shorthand language in the NFT space […]
Singapore-based TreeDots gets $11M Series A to cut food waste in Asia
Every year, tons of food ends up in landfills because of cosmetic issues (they won’t look nice in stores) or inefficiencies in the supply chain. Singapore-based TreeDots, which says it is the first food surplus marketplace in Asia, wants to help. The company is focused on creating a vertically integrated supply chain with a B2B […]
Foxconn buys Lordstown Motors’ Ohio factory for $230M, plans to help produce Endurance electric pickup
Electric light-duty truck manufacturer Lordstown Motors has officially sold its 6.2-million-square-foot Lordstown, Ohio factory to Foxconn, the Taiwanese hardware manufacturing company best known for making Apple’s iPhone. The $230 million deal is expected to close by the end of April next year, according to a statement from Lordstown. The terms of the deal are in […]
Brivo to go public via SPAC at $808M valuation
Going public will enable Brivo to go after more M&A opportunities.
Daily Crunch: Congolese volcano refugees create mobile bitcoin payments network
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Technology is transforming global treaties
Technology is rapidly changing how treaties are monitored and enforced — with profound implications for global governance and international law.
Daily Crunch: South Africa’s JUMO lands $120M round from Visa, Fidelity and Kingsway
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Rivian expands into fleet business beyond its ‘exclusive’ Amazon deal
Electric vehicle startup Rivian is expanding a fleet business that appeared to be exclusively tied to Amazon. The company, in which Amazon holds a 20% stake, will start taking orders for its electric delivery vans in 2022, with plans to deliver them to customers by early 2023, according to a new section of Rivian’s website. […]