Remove 2019 Remove accelerator Remove financing Remove investment
article thumbnail

Revenue-based financing: The next step for private equity and early-stage investment

TechCrunch

Thomas Rush is founder of Bootstrapp and Head of Investment Platform at ConsenSys Mesh. Revenue-based investing ( RBI), also known as revenue-based financing, or revenue-share investing, 1 is a natural next step for the private equity and early-stage venture investment industry. Share on Twitter.

financing 121
article thumbnail

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

TechCrunch

The new investment comes just five months after Zeni announced $13.5 million in total since it was co-founded in 2019 by twin brothers Swapnil Shinde and Snehal Shinde. As part of the investment, Ravi Adusumalli, founder and managing partner at Elevation Capital, will join Zeni’s board. The company has now raised $47.5

financing 138
Insiders

Sign Up for our Newsletter

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

article thumbnail

Binance-backed Xend Finance launches DeFi platform for credit unions in Africa

TechCrunch

Nigerian startup Xend Finance uses decentralized finance (DeFi) to address currency devaluation. Aronu Ugochukwu and Abafor Chima founded the startup in 2019, and Ugochukwu is quite familiar with currency devaluation. . This gave birth to Xend Finance.” Image Credits: Xend Finance. It has since secured $2.2

financing 104
article thumbnail

Meatable sinks its teeth into $35M to accelerate launch of its cultivated pork products

TechCrunch

Venture capital funding to the cultivated meat industry has largely followed other industries in fewer investments made this year; however, there’s still movement in this sector yet. Now Meatable , based in The Netherlands, is adding to that excitement with the announcement of $35 million of its own new financing.

article thumbnail

Shell-founded startup fund receives $13 million from Canadian DFI to accelerate clean energy access in Africa

TechCrunch

FinDev Canada has injected $13 million into Energy Entrepreneurs Growth Fund ( EEGF ), which invests in early and growth-stage energy startups in sub-Saharan Africa. The EEGF is managed by Triple Jump; an impact investment manager and advised by Persistent; and a climate venture builder. million mezzanine investment from the fund.

energy 82
article thumbnail

Southeast Asian open finance startup Brankas gets $20M Series B led by Insignia Ventures

TechCrunch

Other backers included Visa (Brankas was a member of its 2021 Accelerator Program), AFG Partners and Treasury International, the venture capital firm led by fintech veterans including Jeff Cruttenden, co-founder of Acorns and Eli Broverman, co-founder of Betterment, also invested.

article thumbnail

Singapore-based Volopay accelerates APAC and MENA expansion with $29M Series A

TechCrunch

Volopay , a Singapore-based fintech startup, raised a $29 million Series A in debt and equity financing as it seeks to further expand its footprint in Asia-Pacific, the Middle East and North Africa. . million since its inception in 2019, which includes its $2.1 To date, Volopay has raised approximately $31.4