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EV Shuttle and School Bus Manufacturer Endera Gains $49 Million to Support Growth

American Entrepreneurship

This infusion of capital will enable the company to scale production, expand its product line, and generate new jobs at its world-class production facility in Ottawa, Ohio. Investor backing enables Endera to scale its operations, further expand its product offerings, and substantively contribute to job creation in Ohio.

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Capria Ventures raises $100m so far for tech-focused venture fund

AsiaTechDaily

Capria’s Fund II will make early-growth investments in fintech, mobility/logistics, agtech/foodtech, climate, and jobtech/HRtech sectors, supporting tech-enabled innovators primarily focused on domestic-first transformative solutions of many of the fastest-growing emerging economies.

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Build a Better Tribe, Build a Better World

Entrepreneurs' Organization

I feel blessed to be a part of so many amazing initiatives—leadership transformation, organizational development, increasing international trade, helping develop self-sufficient associations, creating entrepreneurs and economic growth in 20 countries in Africa.

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Ardook’s mission to transform lives through sustainable employment for single mothers

Impact Hub

Ardook's mission to transform lives through sustainable employment for single mothers Ardook, founded by Shogher Atanesyan, is an Armenia-based social enterprise dedicated to providing sustainable income to single mothers caring for disabled children by offering flexible employment opportunities through laundry services.

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Komunal secures $8.5m to strengthen Indonesia’s neo-rural bank ecosystem

AsiaTechDaily

It was also participated by AlphaTrio Sustainable Technology Fund, Skystar Capital, Sovereign’s Capital, Ozora, and Gobi Partners. Moreover, Komunal also recorded positive EBITDA since October 2022 while experiencing growth and profitability at the same time.

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Digital Transformation Is Crucial for Longevity According to Cisco Study

Smart Hustle Magazine

How much small business digital transformation could boost economic growth. The study shows that the economies of the US, Canada, Mexico, Brazil, Chile, the UK, Germany, and France could increase by 5.5%, as well as observe a 42% faster growth rate if small business digitalization increased. Only 5% say they may need to shutter.

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Why international DFIs are looking to African startups to scale impact investing efforts

TechCrunch

It seems they’re attracted to tech that enables wider socio-economic development because it offers a scalable and efficient way to make an economic impact. But what’s driving these organizations to invest in Africa despite investors across the world preferring to invest only in safer bets?