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Nigeria’s Decagon raises millions to finance and train software engineers

TechCrunch

So when Chika Nwobi started Decagon in 2018, the perception was generally “here comes another tech talent accelerator.” million seed round and a student loan financing facility of $25 million from Nigerian financial institution Sterling Bank. What is Andela, the Africa tech talent accelerator? also took part.

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Financial concierge startup Zeni banks $34M to show SMBs their finances in real time

TechCrunch

As part of the investment, Ravi Adusumalli, founder and managing partner at Elevation Capital, will join Zeni’s board. The Shinde siblings started the company after selling their last company , Mezi, a travel concierge, to American Express in 2018. Shinde expects to double or triple the finance team in the next year. “As

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Free Money for Student Tech Founders

David Teten VC

We have collected a wide range of freebies, contests, accelerators, online communities, and VCs designed for student tech founders. The Kauffman Foundation found 47% of US tech founders held degrees in STEM while 34% held degrees in business, finance, and accounting. 1) Freebies for Student Tech Founders.

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DEA earns $10M to accelerate market expansion, development of PlayMining

AsiaTechDaily

The funding will be spent to further accelerate its business and market expansion and to help optimize the development of PlayMining. DEA is very pleased to receive funding from LDA Capital, especially in the current bear market conditions,” Naohito Yoshida, DEA’s co-founder and co-CEO said.

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SunFi aims to be the fastest way for Nigerians to find, finance and manage solar

TechCrunch

The self-described energy financial tech platform received backing from lead investors Nairobi-based Factor[e] and SCM Capital Asset Management and participating investors such as Voltron Capital, Norrsken Impact Accelerator, Ventures Platform and Sovereign Capital. SunFi isn’t Thomas’ first rodeo at the helm of an energy startup.

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The venture bull market is great for founders, but not in the way they might expect

TechCrunch

There’s no question that we are in the middle of a long-running and accelerating venture bull market. Outliers — unusually large financings with high valuations relative to the company’s maturity — are as old as the industry itself. And all that is indeed happening. The biggest impact appears to be in the late stage.

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Founders Factory Africa partners with Small Foundation to invest in 18 agritech startups

TechCrunch

Johannesburg-based investment company Founders Factory Africa (FFA) today announced a partnership with Small Foundation that will see it select 18 agritech startups for an acceleration and incubation program. This is a change from when the company launched in 2018.

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