Remove 2021 Remove financing Remove startup
article thumbnail

African tech took center stage in 2021

TechCrunch

From varying sources, it is estimated up to $2 billion went into African tech startups in 2019. African startups nearly raised $1.5 Entering 2021, the bullishness of African tech stakeholders returned — and why not? Predictions were made on how much the continent’s startups would raise in December. billion and $2.8

article thumbnail

Metropolis’ AI Platform Transforms Parking Experiences, Backed by $1.8 Billion in Financing

American Entrepreneurship

“Metropolis has developed a new growth buyout model, demonstrating how innovation and technology can evolve legacy industries for the 21st century,” said Tony Minella, Co-Founder and President of E ldridge Industries , an existing investor in Metropolis that led the recent financing transaction. The financing included $1.05

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Most startups were overvalued before 2021, and now it’s causing problems

TechCrunch

Under normal circumstances, the higher the valuation of a startup, the better it is for all stakeholders involved. Post-money valuations were inflated by market expectations in 2021, but they were also inflated by the underlying mechanics of the valuation model itself. The miracle year of 2021. versus 471 a year earlier.

startup 97
article thumbnail

Singapore-based open finance startup Finantier gets backing from Y Combinator

TechCrunch

Finantier , a Singapore-based open finance startup, wants to streamline that data with a single API that gives financial services access to user data, with their consent. It announced today that it has been accepted into Y Combinator’s Winter 2021 startup batch.

financing 107
article thumbnail

Female-led startups dominate Catalyst Fund’s inclusive fintech 2021 cohort

TechCrunch

With a focus on Kenya, Nigeria, South Africa, Mexico and India, selected startups receive £80,000 (~$100,000) in grant capital, six months of support and connections with follow-on investors. However, the selected six startups this year are from Kenya, Nigeria, and South Africa. Here are the startups in the 8th cohort.

startup 116
article thumbnail

Arc wants to build the de facto finance solution for SaaS startups

TechCrunch

A new company recently emerged that is targeting a popular startup niche, wanting to exclusively help early-stage SaaS (software-as-a-service) companies with their financial needs. Muir , Nick Lombardo (president) and Raven Jiang (CTO) founded Arc in January of 2021 and incorporated the company in April.

SaaS 99
article thumbnail

Reports say African startups raised record-smashing $4.3B to $5B in 2021

TechCrunch

Last year was record-breaking for African startups. But similarly to years past, the total amount raised by African startups varies among different reports. But similarly to years past, the total amount raised by African startups varies among different reports. African tech took center stage in 2021. billion to $1.5

startup 98