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Egypt’s Breadfast wants to build ‘Gopuff for Africa and Middle East’, gets $26M backing

TechCrunch

To that end, Breadfast , an online grocery delivery company that wants to become a regional leader in the sector has raised $26 million in Series A financing from an impressive group of investors. In 2017 when Breadfast launched, the more prominent companies either used marketplace or aggregator models: think Instacart and Postmates.

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A Meeting of Unreasonable Minds

Entrepreneurs' Organization

A successful entrepreneur, businessman and EO Bahrain member, Suhail Algosaibi had long thought about how he could use his position and his company—FALAK Consulting—to make real, radical and sustainable change in his corner of the world. The first-ever FALAK UTS launched in May 2017 as a two-day summit on innovation and disruption.

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China’s game engine Cocos raises $50M, goes beyond games

TechCrunch

Cocos is free to use, so over the years, it has generated capital from a mix of sources, including providing support and tutorials to third-party developers, getting funding from its Chinese parent Chukong and running gaming industry events. The mini game renaissance. South America and India are among its fastest-growing regions.

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60 Top Women-led Venture Capital Firms

American Entrepreneurship

Funding of women-founded startups remains significantly lower than those that are gender-mixed While women entrepreneurs are making significant strides in startup formation, they continue to struggle to gain access to funding on par with men. of all VC funds raised in 2022 to 17.2%—seen as part of a decade-long trend.

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Alchemy raises $80M at a $505M valuation to be the ‘AWS for blockchain’

TechCrunch

million, so the latest financing brings its total raised to $95.5 million since it launched in 2017. They also said Alchemy had over $300 million of investor demand wanting to enter the round and is being inbounded to do another financing at “many times” the current valuation. and globally.

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Austin-based Fetch Package secures $60M in equity & debt after tripling ARR in 2020

TechCrunch

Fetch launched its operations in Dallas in February of 2017 with the goal of solving “the package problem” for apartment communities. By the end of 2017, the SaaS company was servicing approximately 2,000 apartments in the Dallas area. Fetch works with a mix of W2 employees as well as 1099 contractors to fulfill their service.

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The IRS’s crypto tax partner, ZenLedger, raises $15 million Series B

TechCrunch

Since its founding in 2017, ZenLedger has managed to secure four contracts with the U.S. A mix of old and new investors also participated, including King River Capital, G1 Ventures, Main Street Investment, Three Point Capital, Shorooq Partners, VaynerFund, Blizzard the Avalanche Fund, and AngelList Quant Fund, the company says.

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