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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. Sometimes they take off and they reward the early innovators. They thought it was like MySpace and why did I need a MySpace page?

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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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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.

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Input from women key to successful companies

Innovation 2 Enterprise

I have been thinking lately about how the seeds of innovation get planted — in an individual. My great-great grandmother on my father’s side was an innovator. Back in 1862, as a woman living in a decidedly man’s world, Annie patented a new and innovative boot-blacking stand. In a family. In a state. A Family Example.

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On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

I spoke about how Amazon Web Services deserves far more credit for the last 5 years of innovation than it gets credit for and how I believe they spawned the micro-VC category. It’s like people arguing that there’s a beautiful beach house in 2006 that represents great long-term value due to scarcity of similar property.