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Uganda’s Tugende closes $3.6M Series A extension to meet the demand for its asset finance products

TechCrunch

Ugandan technology-enabled asset finance company Tugende today announced that it has closed $3.6 This brings Tugende’s total Series A financing to $9.9 This brings Tugende’s total Series A financing to $9.9 The company is also currently piloting financing for e-mobility assets. . Image Credits: Tugende.

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Beam Impact raises $13.3M to turn everyday purchases into a way to support social causes

TechCrunch

Beam Impact , a company that enables consumers to turn their spending into a way to support social causes, has raised $13.3 The company’s B2B2C model connects consumers with brands that are supporting social causes and allows them to donate a portion of their purchases to a nonprofit of their choice, at no cost to them.

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Kenyan fintech Pezesha raises $11M backed by Women’s World Banking, Cardano parent IOG

TechCrunch

Access to finance remains a key growth constraint for small businesses, with data showing a $330 billion financing deficit for the small enterprises that make up 90% of Africa’s businesses. Pezesha said it is currently working with more than 20 partner companies that have enabled it to extend loans to over 100,000 businesses to date.

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Bloomfilter Raises $7 Million Seed Round

HPA

of equity financing and $1.5 By enabling that improvement, Bloomfilter is ushering in a new era of transparency, predictability, and efficiency in the software industry. We are pleased to bring to market the first process mining solution purpose built to support the business process of software product development.”

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Phase Sensitive Innovations chooses Delaware for state-of-the-art lab, manufacturing and R&D expansion

American Entrepreneurship

Growth of veteran-owned, Newark-based company will support production of semiconductor components and other advanced technologies for Department of Defense contracts and private-sector clients WILMINGTON, Del. DPP has consulted with PSI for several years and worked with the company since mid-2023 to explore growth opportunities.

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Japan’s Zeals raises $38.8M to scale its chat commerce platform

TechCrunch

Mizuho Bank and Mitsubishi UFJ Financial Group also joined in its debt financing. 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. Image Credits: Zeals.

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Citi Foundation’s Inaugural Global Innovation Challenge Now Open for Nonprofits

American Entrepreneurship

Request for proposals seeks to support nonprofits leading groundbreaking food security projects Citi Global Perspectives & Solutions (GPS) found through their recent study that the estimated impact of malnutrition on the global economy reaches as high as $3.5 Hunger since 2017. trillion per year. million meals on behalf of U.S.