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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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Why Has Seed Investing Declined? And What Does this Mean for the Future?

Both Sides of the Table

why the hell has seed financing declined so much in the past 3 years?? As you can see below the number of seed funds shot up dramatically between 2006 and 2014. With seed up massively between 2006–2014 and A and B rounds relatively flat what you see is a widening of the funnel going into traditional venture.

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Why You Should Put Yourself Out There and Try New Products

Both Sides of the Table

In 2006 I started using Facebook and most of my friends & colleagues thought I was strange. I started doing SnapStorms, which are short burst of video around a certain startup or financing topic. They thought it was like MySpace and why did I need a MySpace page? In 2008 I started VC blogging.

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How to Create a Healthy Local Startup and Tech Community

This is going to be BIG.

I built a 3,000 person tech networking organization in NYC back in 2006 and was one of the first 100 members of the NY Tech Meetup back in 2005 so I’ve participated in a lot of these conversations. Today, we would add places like Miami and Salt Lake City to that age old debate. You need both. New Yorkers help each other out.

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Course Hero, once an edtech unicorn valued at $3.6 billion, conducts layoffs

TechCrunch

Launched in 2006, Course Hero was somewhat allergic to venture capital until recent. Then, after going another nearly six years without raising venture capital, Course Hero closed two financings in 2020. After launching, the company waited eight years to raise a $15 million Series A. billion valuation.

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Praying to the God of Valuation

Both Sides of the Table

Between 2006–2008 I sold both companies that I had started and became a VC. Almost no financings, many VCs and tech startups cratered for the second time in less than a decade following the dot com bursting.

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RxAll grabs $3.15M to scale its drug checking and counterfeiting tech across Africa

TechCrunch

and Nigerian-based company is announcing a financing round of $3.15 In 2006, Alonge was a victim of fake pharmaceuticals and almost died after taking medicine that contained lethal levels of diazepam. This financing round is a cumulation of a recently closed $2 million seed round (oversubscribed with $2.25 Today, the U.S.