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Bumo’s Innovative Child Care Platform Gains $10M in Seed Funding

American Entrepreneurship

Led by True Ventures and Offline Ventures, with participation from Goodwater Capital and Marketplace Capital, the investment underscores the need for flexible, accessible, and high-quality child care solutions. This funding empowers us to scale our operations and broaden our reach into new markets.”

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Rallying for rural entrepreneurship: addressing the challenges that face rural small businesses

Source Link

In 2019, the Rural Opportunity Initiative (ROI) program was launched and led by the Rural Development Initiatives (RDI) in partnership with Foundry Collective and Kelley Nonprofit Consulting. Distance and transportation. Targeted initiatives: Rural Entrepreneurship Venture. Heightened vulnerability for minority entrepreneurs.

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Out There Bets and Insider Games: The Social Barriers to Funding Big Ideas

This is going to be BIG.

In June of 2019, I got a cold e-mail with a single link: “My name is Braeden Kelekona and I’m the founder of Kelekona, a drone service for passengers and cargo. Below is a link to the pitch video. I look forward to hearing back from you and hopefully scheduling a meeting here in the city.” And then I disappeared.

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Kenyan tech-enabled logistics platform Amitruck raises $4 million, embarks on Uganda, Tanzania expansion

TechCrunch

The shipping business in Africa has for years been inefficient and costly due to the traditional ways of managing operations – traditional in the sense that a shipper has to physically look for a transporter, sometimes through a middle-man, and often, once goods are delivered, the trucks almost always make the return trip empty.

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MoveinSync Targets $50 to $60 Million in Latest Funding Drive for Commute Innovation

AsiaTechDaily

Among the interested investors is Bessemer Venture Partners. Their offerings include MoveinSync Ion, a SaaS-based platform designed to manage employee transportation, and MoveinSync One, a comprehensive solution for accessing various commute modes like cabs, shuttles, and buses. million trips each month.

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Norebase raises $1M to allow companies start, scale, and operate in any African country

TechCrunch

But in 2019, various policymakers across different parts of the continent signed the African Continental Free Trade Area (AfCFTA) Agreement — a framework for Africa to be a single market for trade and services — to make intra-trade less painful (side note: the agreement is yet to make any significant impact.). .

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New report examines Africa’s growth in the digital economy and VC investment landscape

TechCrunch

from 2010 to 2019. According to the report, African developers created 40% more open source repositories on the software engineering marketplace in 2019 than in 2018 — recording a higher growth percentage than any other continent globally. Image Credits: ITU World Telecommunication/IOT indicators database/Endeavor.

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