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Korean VC Sopoong closes $8M fund for startups focused on environmental impact

TechCrunch

Sopoong was launched in 2008 by Jaewoong Lee , who co-founded South Korea’s largest internet portal operator Daum Communication, which merged with Kakao in 2014. Nine of the 16 portfolio companies are participating in Sopoong’s first accelerator program, which launched in June and runs for six months.

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Joel Neoh and Audra Pakalnyte Launch First Move Fund to Support Consumer Startups in Southeast Asia

AsiaTechDaily

First Move, the early-stage fund led by former Fave executives, has already made strategic investments in seven startups to empower and nurture consumer-focused ventures in Southeast Asia. Neoh’s involvement with Prenetics dates back to 2014, when he became its initial angel investor.

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25 Sources For Funding Minority Entrepreneurs

Smart Hustle Magazine

The Oakland Black Business Fund is an investment platform that provides services to Black-owned businesses found in the Oakland, California area. Acceleration Grants. Acceleration Grants. To date, this venture capital firm has invested over $7 million in more than 130 businesses led by these underrepresented founders.

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Andela begins global expansion in 37 countries months after going remote across Africa

TechCrunch

When Andela launched in 2014, it built hubs in Nigeria, Kenya, Rwanda and Uganda to source, vet and train engineers to be part of remote teams for international companies. It also helped developers improve their skills via training and mentorship. What is Andela, the Africa tech talent accelerator?

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Top Detroit Startups and Tech Companies to Watch in 2022

StartupNation

Michigan is now the state with the highest growth in VC investment. InvestNext is a Detroit fintech startup that has created a platform to streamline how real estate investment firms raise and manage capital. Revenue has tripled year over year since the company’s 2014 founding. Next year is looking even better. InvestNext.

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NJEDA Hosts Diversity Finance Advisory Board Meeting, Convening Diverse Group of Entrepreneurs and Investors

American Entrepreneurship

Established in September 2023, the DFAB works to increase access to institutional capital for women- and minority-owned startups, providing knowledge, guidance, and insights on ways to best increase capital, access, and investments in New Jersey’s diverse entrepreneurs. million in income replacement grants, as well as mentorship and training.

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Aspire Impact and global leader Impact Hub to launch the Impact Startup Support program in India

Impact Hub

hundreds of incubators and accelerators, giving the impact start-up ecosystem the much-needed. incubators and accelerators, connecting them with a global peer network in 100+ cities across 60+. incubators and accelerators, connecting them with a global peer network in 100+ cities across 60+. Delhi-NCR event. Some of them.