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Africa’s fastest-growing fintech, successfully raised US$110 million in equity financing, supporting its all-in-one financial ecosystem. Tosin Eniolorunda and Felix Ike, co-founded Moniepoint (formerly TeamApt) in 2015. Moniepoint Inc., Global impact firm Lightrock, an existing investor, also participated.
Amazon Web Services (AWS) today launched a new program, AWS Impact Accelerator , that will give up to $30 million to early-stage startups led by Black, Latino, LGBTQIA+ and women founders. But critics contend that AWS Impact Accelerator doesn’t go far enough in supporting historically marginalized entrepreneurs.
Amid these turbulent times, the VC accelerator industry has emerged as a stalwart player. Importantly, the traditional accelerator model has enjoyed the fruits of these potential paradigm shifts. The number of accelerators has more than doubled since 2014 , while the number of accelerator-backed startups in the U.S.
With the goal of getting the world to net-zero carbon emissions by 2050, Breakthrough Energy’s fellows program seeks to help innovators accelerate their clean technology. Breakthrough Energy was founded by Bill Gates in 2015 to solve the climate crisis.
Flip , an Indonesia-based fintech startup, announced today it has raised $48 million in a Series B to accelerate its growth. The startup plans to use the fresh capital to accelerate its business expansion further, strengthen its operations in Indonesia, advance technology and expand its engineering and product teams. .
million (30 billion won) Series B funding to accelerate its growth in South Korea, the U.S. Ko and four other co-founders established CLASS101 in 2018, which was pivoted from a tutoring service platform that was founded in 2015, Ko said. CLASS101, a Seoul-based online education platform, announced today it has closed $25.8
Brad Stevens is an EO Atlanta member, Chair of that chapter’s Accelerator program, and founder and CEO of Outsource Access , which helps companies grow by providing highly skilled virtual assistants. In part 2 of this article , he explains how he helped grow EO Atlanta’s Accelerator program. How did that become your focus?
Back in 2015, the members and team co-created the ‘Food Talks’ quarterly event series, in which leading industry thinkers explore the major issues affecting the food system. The post Accelerating Sustainable Food Business Solutions to Reshape Our Cities appeared first on Impact Hub. Photo: Kina Mama.
He earned the honor for his work volunteering in a Texas prison for Central American refugees and his efforts in building a scalable venture philanthropy model that supports pro bono legal assistance to refugees around the U.S. How has your work on EO’s Accelerator Global Subcommittee impacted you?
That’s why in this article, you’ll get a comprehensive look at the startups using voice technology to make healthcare better, along with some of the VC’s and accelerators that are backing them. Leveraging Voice Tech to Give Elders More Independence As of July 2015, there were 47.8
Register South Korea’s largest accelerator program for foreign startups, K-Startup Grand Challenge (KSGC) , is accepting applications for its 2022 edition. The KSGC program, launched in 2016, supports international startups that want to enter the Korean market and further explore the Asian region. Besides the 3.5-month
It was first acquired by Bitfury in 2015 after building a two-phase immersion cooling 500kW data center in Hong Kong, that purportedly cut energy consumption by 95% versus traditional air cooling technologies. and research and development in Hong Kong, according to a statement. billion last year.
His appointment come as Airwallex aims to rapidly accelerate its growth globally and in the APAC in 2023. I am incredibly excited to grow my role within the company and look forward to accelerating our growth and continuing to build our momentum globally and across APAC,” Kai said on his appointment.
million since its inception in 2015 and plans to raise a Series B in early 2022 to drive its rapid growth, the company said. Lee said that AmazeVR has been developing VR technologies since 2015 and pivoted fully into VR concerts in late 2019. . AmazeVR has raised a total of $30.8
China doesn’t need any more good platforms,” Tang told his team in an internal email in 2015, “but it does need good products.” Indeed, 2015 was the year when CACs began to exceed or at least rival ARPUs for Alibaba and JD.com. What’s different about Chinese D2C? per package wholesale as of this year. The China opportunity.
$1 billion allocated to support her philanthropic voice of advancing women and family causes Melinda French Gates announced she is going her own way, stepping down from the Bill & Melinda Gates Foundation she and her husband founded almost 25 years ago.
In the intervening years, Elearningforce evolved to a cloud-based product with support for Teams and Microsoft 365, and it recently introduced support for Viva, Microsoft’s so-called “employee experience and engagement” platform. Germany, and Australia. “We
“At a time of macroeconomic challenges, companies need a solution that accelerates key business processes,” Sangha told TechCrunch in an email interview. ” Sangha, a law lecturer at the University of Pennslyvania and a licensed attorney in the State of New York, founded LexCheck in 2015. .
Existing backer Redpoint eventures , which first put money in Olist in 2015, also participated in the latest round. With this latest infusion, Olist has now raised more than $126 million since its 2015 inception. This round is reportedly its last before the company plans to go public, according to Bloomberg.
QUT has been a supporter of Startup Catalyst for four years. We could see that there was value in supporting students across the university to participate in this event. Tex Andersen (2015) became CTO of Talentvine , a Brisbane tech startup that makes outsourced recruitment affordable, transparent and simple.
The Future Africa Fund kicked off in 2015 when Iyinoluwa Aboyeji and Nadayar Enegesi , co-founders of US-based and African-focused talent company Andela, wrote checks to African startups as angel investors. Last month, it announced that a total of $267,500 had been raised to support three Nigerian startups’ bridge financing rounds.
Female-founded venture firms have shown strong support for female-founded startups accounting for 28% of their deal counts from 2016 to October 2021 in startups with at least one female founder. In addition, Crunchbase reports that w omen-founded venture firms in the U.S. raised approximately $7 billion in 2021 , up 59% year over year.
million since its 2015 inception. The company claims it can also support more complex operations in which IT teams use its tool to integrate legacy systems, like ERPs or CRMs, to orchestrate operations across multiple systems of record. . The company plans to use its new capital to “significantly accelerate” its global expansion.
Since its founding in 2015, Moderne Ventures has built a successful investment track record yielding top-tier returns on its 35+ investments, backing over 150 Passport companies across three funds. They are a global resource for connections and talent that accelerate startups and early-stage companies. “MV
Newly appointed CEO Bart Omlo says that the proceeds from Kontent’s first external investment will be put toward expanding the company’s marketing and sales teams, opening a new office in New York and supporting product development. Over time, the product evolved into a comprehensive digital experience platform for marketers.”
Use cases include video calls, audio-only apps, webinars, live classes, interactive collaboration, e-commerce, customer support, IoT and robotics. The company provides APIs so developers can add those features into products or websites using just two lines of code. The global video conferencing market was valued at $5.8
The London-based startup was actually founded back in 2015, launching the first version of its product in 2016 — so years before the COVID-19 pandemic struck and triggered a temporary shuttering of physical offices everywhere, followed by a slow and (still) partial reopening. . 15% in the EU; 15% in APAC and 10% elsewhere.
It’s exciting work, especially when we have the opportunity to connect with a new startup in the first year or two of its existence and continue to support the company as it grows. ]. Spiers New Technologies (SNT) became an i2E client company in 2015. i2E’s Accelerate OK fund invested $500,000 in a Series A round of $2.0
Founded in 2015, prior to this, OTA Insight had only raised $20 million. With this investment we will accelerate our expansion across all regions in 2022 but particularly in the Americas, where we have seen an incredible recovery.”.
In total, it has raised $409 million since being founded back in 2015. General Catalyst MD Joel Cutler added in another supporting statement: “Hybrid and remote working is undoubtedly here to stay but a Zoom call will never be able to replicate the benefits of in-person, face-to-face interaction.
The investment enables Navenio to build upon its proven technology platform and demonstrated customer value to accelerate momentum in healthcare and beyond. I look forward to expanding our use of Navenio to support additional workgroups and integrate into our other core technologies.”
With the injection of fresh funds, the firm will accelerate its growth and will invest in talent acquisition and its infrastructure. The firm will also strengthen research and development capabilities, as well as a geographical expansion.
At Impact Hub, we have been working relentlessly towards this goal for the past 15 years, supporting impact entrepreneurs who put people and the planet at the forefront. We strive to give them tools to succeed with our support programs and a strong network of 16,500 people throughout 59 countries. Ilmuwan Muda Indonesia .
The strategic investments comes as Applied EVE seeks to accelerate its software development for next generation mobility. Founded in 2015, Applied EV develops safety-rated, autonomous-ready, digital control systems and modular vehicle platforms for commercial applications.
run technology-focused programming, e.g., the German Accelerator , Canadian Technology Accelerator Initiative , Switzerland Global Enterprise Fintech Trade Mission. run technology-focused programming, e.g., the German Accelerator , Canadian Technology Accelerator Initiative , Switzerland Global Enterprise Fintech Trade Mission.
Also, it’s why I started an Impact Hub (Amsterdam, 2008), why I served on the global Board (2015-2018) and contributed through other roles, and why I want to continue to serve the network. Our collective strategy Ambition 2030 represents the promise of Impact Hub when I first joined as a member (Impact Hub Islington, 2005).
The January figure equals the previous year, but February dollars deployed halved compared to 2015, reverting to 2014 levels. And the median investment chart above supports this hypothesis. Series As have fallen from their late 2015 highs by about 20%. The median Series B totals less than $15M, down 25% from the 2015 highs.
annually between 2015 and 2020, its market size topping $1.3B NACD (National Association of Corporate Directors)’s Accelerate program provides participants with “ the tools, resources, and exposure that are essential to launching a successful career as a director”. The expert network industry has grown an average 4.5%
Notably one of the pioneering institutions in this field since its establishment in 2015, MIDAS also stands as one of the largest data science and AI institutes, proudly boasting a distinguished roster of approximately 530 esteemed faculty affiliates. She asserts that the key lies in scaling.
What does data from the leading investors suggest Photo by National Cancer Institute on Unsplash The current context supports research-heavy startups, there is even a special term for them?—?the American universities, however, decreased their reliance on full-time tenured or tenure-track staff, from 45% in 1975 to 29% in 2015.
Drako founded Eagle Eye Networks in 2012 and serves as CEO; he acquired a majority stake in Brivo in 2015 and is chairman. The Eagle Eye and Brivo open platforms provide customers with choice, efficiencies, and innovation, all of which this investment will accelerate.”
The funds will be used to expand PhotoniCare’s executive team, ramp up manufacturing, execute on the company’s sales and marketing plan, fuel artificial intelligence development to enable real-time decision support for the TOMi Scope, and expand reimbursement activities and customer support.
This syndicate demonstrates significant and accelerating progress towards our goal of facilitating a clean energy future.” Northvolt’s intention is to accelerate the transition to a sustainable and electrified society. ArcTern Partner and U.S. Department of Energy C3E award winner Mira Inbar will join Liminal’s Board of Directors.
As Tonal’s CEO, Zell has the confident support of Orady and key investors, enabling her to see a clear path forward for growth and profitability. “As It is part of a broader recapitalization strategy that strengthens the Tonal’s balance sheet and accelerates its profitability, while strategically driving membership-focused growth.
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