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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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How Boards Need to Evolve Over Time

Both Sides of the Table

I’ve written a few posts about boards recently as part of a series on the subject. I admit that I haven’t yet read it but I’ve had numerous discussions with Brad over the years about board structure & conduct and consider him a mentor on the topic. Offering a sparring-partner function on strategic decisions.

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Cryptocurrency pioneer Diana Biggs joins digital assets startup Valour as its new CEO

TechCrunch

Cryptocurrency pioneer and early Bitcoin thought-leader Diana Biggs has joined Swiss-based startup Valour , which lets investors easily buy digital assets through their bank or broker. She is on the Board of the World Economic Forum’s Digital Leaders of Europe community and is a member of the Milken Institute’s Young Leaders Circle.

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The Changing Venture Landscape

Both Sides of the Table

And the loosening of federal monetary policies, particularly in the US, has pushed more dollars into the venture ecosystems at every stage of financing. What Has Changed in Financing? Today you have funders focused exclusively on “Day 0” startups or ones that aren’t even created yet. Of course we can’t.

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Health tech startup mPharma acquires Vine Pharmacy, enters Uganda

TechCrunch

mPharma, a Ghanaian health startup, has taken a controlling stake in Uganda’s Vine Pharmacy for an undisclosed amount, marking the firm’s entry into its latest market in Africa. Abraaj bought Vine Pharmacy in 2013 when it was the largest pharmacy chain in Uganda. s development finance institution, last year.

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Praying to the God of Valuation

Both Sides of the Table

Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. How might our next phase of the journey seem brighter, even with more uncertain days for startups and capital markets? What happened? There was no money train.

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How to Raise First Dollars in a Difficult Market: The Venture Perspective

TechCrunch

Raising venture capital is rarely an easy lift for startups, but 2022 is turning out to be a more challenging year than we’ve seen for some time. She is currently a board director for Workwhile and a board observer for Outschool. . In 2013, Monot co-founded Innovative Auctions, a high-stakes auction company. .