Remove 2017 Remove accelerator Remove financing Remove investment
article thumbnail

Google’s Africa Investment Fund makes first investment in Uganda’s SafeBoda

TechCrunch

Internet giant Google announced today that it has made the first investment from its Africa Investment Fund in Ugandan super app SafeBoda. Before launching the fund, Google proved helpful in startups’ journeys via its Google for Startups Accelerator Africa program. Google sets up $50M fund to invest in African startups.

investing 145
article thumbnail

AllTrails raises $150M after Covid accelerates people’s interest in exploring the outdoors

TechCrunch

Following a Covid-driven boost, the popular AllTrails resource for hikers, bikers, climbers, and anyone else who enjoys the outdoors, announced today it’s raised $150 million from the growth fund of global private equity firm Permira to further accelerate its business. Image Credits: All Trails.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

WP Engine passes $100M in revenue and secures $250M investment from Silver Lake

A Smart Bear

This week we closed $250M in financing from Silver Lake , the premier technology private equity firm. Of course a nice chunk is primary capital, i.e. for the company balance sheet, to invest in growth initiatives, security and quality, and advancing our existing strategic priorities through acceleration and de-risking.

investing 175
article thumbnail

Branch raises $48M from Lee Fixel’s Addition, Indeed to provide accelerated payments to workers

TechCrunch

Lee Fixel’s Addition — which has also backed the likes of Flipkart, Stripe and Coinbase — led the equity financing while the credit facility was secured in the form of purchased assets from funds managed by Neuberger Berman. The raise marks Branch’s first since 2017. Lee Fixel is already raising a massive second fund.

article thumbnail

Aptiv’s latest investment shows that software-defined vehicles are here to stay

TechCrunch

Aptiv comes on as a strategic investor at a time when the company is working on accelerating the transition to the software-defined car by offering a complete stack to automakers, one that includes high-performance hardware, cloud connectivity and a software architecture that is open, scalable and containerized. . “The

article thumbnail

Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets

TechCrunch

Nestcoin , a company founded last November that builds, operates, and invests in web3 applications, wants to be pivotal in this transition and has raised $6.45 The second iteration has been more around like decentralized finance and non-custodial trading of financing activities,” said Bademosi.

article thumbnail

OpenAI will give roughly 10 AI startups $1M each and early access to its systems

TechCrunch

Called Converge, the cohort will be financed by the OpenAI Startup Fund , OpenAI says. The Allen Institute for AI has a small accelerator that launched in 2017, which provides up to a $500,000 pre-seed investment and up to $450,000 in cloud compute credits. involved in developing state-of-the-art AI systems.

startup 145