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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 Enza Capital participated, alongside some unnamed angel investors. Image Credits: Tugende.

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TechCrunch+ roundup: Alternative financing, Web3 adoption, India’s hot Q3 fundraising

TechCrunch

At TechCrunch Disrupt, Houseparty founder Ben Rubin emphasized decentralization as Web3’s central feature. In conversation with reporter Taylor Hatmaker, Rubin said NFTs show that individuals can benefit from Web3 adoption, while decentralized finance and cryptocurrency trading are more commercialized forms. In today’s Web 2.0,

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Moonshots, Momentum, and Legislative Tailwinds Beyond Silicon Valley

Revolution

marking its highest level since 2017. Despite 2022’s heel turn, the ten-year funding trend line still points to VCs concentrating less capital in the major coastal hubs and more in the rest of the country, a collective area of focus for attendees. Cultivate a super team, not a superstar.

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Navigating Singapore’s Startup Ecosystem: Top 5 Funding Initiatives Unveiled

AsiaTechDaily

Startups qualifying under Startup SG can access cash grants, equity financing, and business loans. These courses are built to enhance innovation by supporting idea generation, business scalability, capital raising, and consumer validation. The applicant is required to possess a minimum of 30% shares in the company.

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India’s insurance platform Turtlemint raises $30 million

TechCrunch

Turtlemint, an Indian startup that is helping consumers identify and purchase the most appropriate insurance policies for them, has raised $30 million in a new financing round as it looks to reach more users in small cities and towns in the world’s second largest internet market. A range of startups in India are trying to disrupt this market.

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Two years after Lemon Perfect was spotted in Beyoncé’s limo, the superstar is now a backer

TechCrunch

The company announced Thursday that Knowles-Carter is a backer in its $31 million Series A alongside Beechwood Capital, Goat Rodeo Capital, Melitas Ventures, NNS Capital and Trousdale Ventures. “I Hufnagel started the Atlanta-based company in 2017 after a career as a college basketball coach for University of Nevada, Reno.

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With investors like Lightspeed and The Chainsmokers, Mexican neobroker Flink raises $57M to boost financial inclusion in LatAm

TechCrunch

The financing comes just over six months after Flink raised $12 million in a Series A round led by Accel. Existing backers Accel, ALLVP, Clocktower and new investor Mantis Venture Capital (founded by The Chainsmokers) also put money in the Series B. Since its 2017 inception, the startup has raised nearly $70 million.