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Africa’s fastest-growing fintech, successfully raised US$110 million in equity financing, supporting its all-in-one financial ecosystem. Tosin Eniolorunda and Felix Ike, co-founded Moniepoint (formerly TeamApt) in 2015. Moniepoint Inc., Global impact firm Lightrock, an existing investor, also participated.
Amazon Web Services (AWS) today launched a new program, AWS Impact Accelerator , that will give up to $30 million to early-stage startups led by Black, Latino, LGBTQIA+ and women founders. But critics contend that AWS Impact Accelerator doesn’t go far enough in supporting historically marginalized entrepreneurs.
Brad Stevens is an EO Atlanta member, Chair of that chapter’s Accelerator program, and founder and CEO of Outsource Access , which helps companies grow by providing highly skilled virtual assistants. Here, he shares his experience and insights for growing Atlanta’s Accelerator program.
Ringly , the most design savvy wearables company focused on fashionable women, recently graduated from the Highway1 Accelerator and I''m thrilled to see how beautiful their soon to be launched first product is. We share the same fund administrator doing backoffice financial support, and I know Brad''s actual first name.
Amid these turbulent times, the VC accelerator industry has emerged as a stalwart player. Importantly, the traditional accelerator model has enjoyed the fruits of these potential paradigm shifts. The number of accelerators has more than doubled since 2014 , while the number of accelerator-backed startups in the U.S.
With the goal of getting the world to net-zero carbon emissions by 2050, Breakthrough Energy’s fellows program seeks to help innovators accelerate their clean technology. Breakthrough Energy was founded by Bill Gates in 2015 to solve the climate crisis.
Register Continuum raised a total of $36 million to accelerate the expansion of 100 percent recycled commercial metal powder production to meet the growing customer demand for sustainable materials. Founded in 2015 as Molyworks, Continuum is a sustainable metal recycling company, with locations across the United States and in Singapore.
Of course a nice chunk is primary capital, i.e. for the company balance sheet, to invest in growth initiatives, security and quality, and advancing our existing strategic priorities through acceleration and de-risking. We have never been in a stronger position. We remain steadfast in our commitment to continuing to increase all of the above.
Flip , an Indonesia-based fintech startup, announced today it has raised $48 million in a Series B to accelerate its growth. The startup plans to use the fresh capital to accelerate its business expansion further, strengthen its operations in Indonesia, advance technology and expand its engineering and product teams. .
million (30 billion won) Series B funding to accelerate its growth in South Korea, the U.S. Ko and four other co-founders established CLASS101 in 2018, which was pivoted from a tutoring service platform that was founded in 2015, Ko said. CLASS101, a Seoul-based online education platform, announced today it has closed $25.8
Brad Stevens is an EO Atlanta member, Chair of that chapter’s Accelerator program, and founder and CEO of Outsource Access , which helps companies grow by providing highly skilled virtual assistants. In part 2 of this article , he explains how he helped grow EO Atlanta’s Accelerator program. How did that become your focus?
Back in 2015, the members and team co-created the ‘Food Talks’ quarterly event series, in which leading industry thinkers explore the major issues affecting the food system. The post Accelerating Sustainable Food Business Solutions to Reshape Our Cities appeared first on Impact Hub. Photo: Kina Mama.
He earned the honor for his work volunteering in a Texas prison for Central American refugees and his efforts in building a scalable venture philanthropy model that supports pro bono legal assistance to refugees around the U.S. How has your work on EO’s Accelerator Global Subcommittee impacted you?
That’s why in this article, you’ll get a comprehensive look at the startups using voice technology to make healthcare better, along with some of the VC’s and accelerators that are backing them. Leveraging Voice Tech to Give Elders More Independence As of July 2015, there were 47.8
Register South Korea’s largest accelerator program for foreign startups, K-Startup Grand Challenge (KSGC) , is accepting applications for its 2022 edition. The KSGC program, launched in 2016, supports international startups that want to enter the Korean market and further explore the Asian region. Besides the 3.5-month
Like so many other aspects of the robotics world, the pandemic has dramatically accelerated interest in the automated kitchen. Founded in 2015, the Boston-based startup started making waves a few years back as a spinout of MIT mechanical engineering students. The deal is expected to close in Q3.
It was first acquired by Bitfury in 2015 after building a two-phase immersion cooling 500kW data center in Hong Kong, that purportedly cut energy consumption by 95% versus traditional air cooling technologies. and research and development in Hong Kong, according to a statement. billion last year.
His appointment come as Airwallex aims to rapidly accelerate its growth globally and in the APAC in 2023. I am incredibly excited to grow my role within the company and look forward to accelerating our growth and continuing to build our momentum globally and across APAC,” Kai said on his appointment.
$1 billion allocated to support her philanthropic voice of advancing women and family causes Melinda French Gates announced she is going her own way, stepping down from the Bill & Melinda Gates Foundation she and her husband founded almost 25 years ago.
million since its inception in 2015 and plans to raise a Series B in early 2022 to drive its rapid growth, the company said. Lee said that AmazeVR has been developing VR technologies since 2015 and pivoted fully into VR concerts in late 2019. . AmazeVR has raised a total of $30.8
China doesn’t need any more good platforms,” Tang told his team in an internal email in 2015, “but it does need good products.” Indeed, 2015 was the year when CACs began to exceed or at least rival ARPUs for Alibaba and JD.com. What’s different about Chinese D2C? per package wholesale as of this year. The China opportunity.
Conversational commerce, a term coined by former Uber employee Chris Messina in 2015 , enables online businesses to sell their products and services through messaging and chat apps like WhatsApp and Facebook Messenger. Mizuho Bank and Mitsubishi UFJ Financial Group also joined in its debt financing.
We are delighted to partner with Funding Societies to support their mission to improve societies in Southeast Asia by funding worthy and underserved SMEs.” About Funding Societies Founded in 2015 by Kelvin Teo and Reynold Wijaya, Funding Societies empowers MSMEs in Southeast Asia.
The 2015-founded startup ‘s existing investors OpenOcean, Episode 1 and Entrepreneur First also participated in the round. It’s also hiring more staff in business development and marketing, and plans to significantly bump spending across marketing, sales and customer support roles as it gears up to scale up.
It was at that point that TripActions made the decision to accelerate the timeline for its fintech expense product, TripActions Liquid, which had launched only a month before the pandemic. billion since its 2015 inception — about $780 million of which was secured during the pandemic.
In the intervening years, Elearningforce evolved to a cloud-based product with support for Teams and Microsoft 365, and it recently introduced support for Viva, Microsoft’s so-called “employee experience and engagement” platform. Germany, and Australia. “We
“At a time of macroeconomic challenges, companies need a solution that accelerates key business processes,” Sangha told TechCrunch in an email interview. ” Sangha, a law lecturer at the University of Pennslyvania and a licensed attorney in the State of New York, founded LexCheck in 2015. .
Existing backer Redpoint eventures , which first put money in Olist in 2015, also participated in the latest round. With this latest infusion, Olist has now raised more than $126 million since its 2015 inception. This round is reportedly its last before the company plans to go public, according to Bloomberg.
That mission has not only remained, but has become even more important with the accelerated digital shifts happening across all industries today. The HPA Deal Lead is Eddie Leshin , who supports ShipBob with his deep knowledge of the logistics space and first-hand experience in quickly scaling 3PL solutions.
QUT has been a supporter of Startup Catalyst for four years. We could see that there was value in supporting students across the university to participate in this event. Tex Andersen (2015) became CTO of Talentvine , a Brisbane tech startup that makes outsourced recruitment affordable, transparent and simple.
The Future Africa Fund kicked off in 2015 when Iyinoluwa Aboyeji and Nadayar Enegesi , co-founders of US-based and African-focused talent company Andela, wrote checks to African startups as angel investors. Last month, it announced that a total of $267,500 had been raised to support three Nigerian startups’ bridge financing rounds.
The company’s new cash has come from the private equity firms KKR and Tritium Partners, and is intended to provide operational support to meet the booming demand for RVs as Americans hit the road in unprecedented numbers. Growth for the Akron, Ohio-based company can only be described as absurd.
COSS is accelerating In general, the trends in commercial open source (COSS) are encouraging. And investments in open source products have almost tripled from 58 deals in 2015 to 144 deals in 2021. But is it possible for a smaller open source project to find its way into this land of commercial opportunity?
million) from EU’s EIC Accelerator , with participation from SOSV , and an additional €3 million ($3.5 “We met the SOSV partner Bill Liao back in 2015, and he has been supporting us ever since. The company was part of the SOSV HAX tech program, before graduating and announcing it is closing its seed round today.
Female-founded venture firms have shown strong support for female-founded startups accounting for 28% of their deal counts from 2016 to October 2021 in startups with at least one female founder. In addition, Crunchbase reports that w omen-founded venture firms in the U.S. raised approximately $7 billion in 2021 , up 59% year over year.
The company’s AI chatbot RONI, which was launched in December, supports human professionals by providing recommended answers, Kim said. . The COVID-19 pandemic accelerated the company’s growth. The startup was founded in 2015 by Kim, who had overcome depression by getting therapy while studying in the United States.
That changed in 2015, after Rad Power founder and CEO Mike Radenbaugh teamed up with friend Ty Collins and relaunched as a direct-to-consumer business. The company has built out its online sales platform, pre- and post-purchase customer support teams, retail showrooms, service van and a local service partner network.
“With this funding, we hope to recruit more staff for the AI, sensor fusion and navigation business and accelerate our global market penetration plan.” ” The startup was founded in December 2015 by three founders: Park, Donghun Kim (co-CTO) and Hankeun Kim (co-CTO). Image Credits: Seadronix.
The round was led by Tiger Global Management, with participation from returning investors Accel, Amasia and Goat Capital, the venture firm co-founded by former Y Combinator partner Justin Kan (in 2015, Xendit became the first Indonesian startup to participate in the accelerator program). Accel led Xendit’s $64.6
Developer tools can accelerate the growth of a specific protocol like Ethereum by making it simpler for software engineers to create apps on that blockchain. The Nomic Foundation will not just support Hardhat, but will aim to support other developer tools with the goal of improving the overall Ethereum ecosystem. “A
In total, JUMO has raised more than $200 million in equity and debt rounds from backers such as Brook Asset Management, Finnfund, Proparco, Leapfrog and Goldman Sachs since founder and CEO Andrew Watkins-Ball launched the company in 2015. Rising African venture investment powers fintech, clean tech bets in 2020.
In 2015, there were approximately 3.5 Pandian Gnanaprakasam and Sheausong Yang — who between them had tenures at Cisco, Aruba Networks, and AT&T Bell Labs — co-founded Ordr in 2015 to address what they call the “visibility gap” in enterprise networks. . billion internet of things (IoT) devices in use.
million since its 2015 inception. The company claims it can also support more complex operations in which IT teams use its tool to integrate legacy systems, like ERPs or CRMs, to orchestrate operations across multiple systems of record. . The company plans to use its new capital to “significantly accelerate” its global expansion.
Founded in 2018 by Singularity University alumnus Alberto Rizzoli and former R&D lead at RSI, Simon Edwardsson (the same team behind “seeing” app Aipoly), the V7 Labs platform promises to accelerate the creation of high-quality training data by 10-100x.
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