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Standard Chartered Bank and Singapore Management University Launch Women Entrepreneurship Incubator

AsiaTechDaily

Register Standard Chartered Bank has joined forces with Singapore Management University’s Lien Centre to establish a Women in Entrepreneurship Incubator. The Women in Entrepreneurship Incubator , funded by a $300,000 contribution from the bank, aims to empower female entrepreneurs dedicated to creating a positive social impact.

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Brand incubator Harry’s Labs makes acquisition of D2C deodorant brand Lum?

TechCrunch

Harry’s Labs, the in-house incubator started by razor brand Harry’s Inc. In May 2019, Edgewell Personal Care announced it intended to buy Harry’s , but in February 2020, the Federal Trade Commission filed a lawsuit to block the deal from happening, citing how the deal would limit competition and innovation in the razor market.

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Pangaea Holdings, developing men’s personal care brands, raises $68M, including minority stake from Eurazeo

TechCrunch

Harlem Capital’s Henri Pierre-Jacques invested in both Pangaea’s seed round in 2019 and Series A in 2020. Pangaea, to date, has been a brand incubator, but post the Series B will expand to be a vertically integrated e-commerce platform for other brands. It’s latest brand, Meridian, offering grooming products, launched in 2020.

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Indonesian edtech CoLearn gets $10M Series A led by Alpha Wave Incubation and GSV Ventures

TechCrunch

The team sensed that remote learning would permanently change how students want to be tutored and decided to focus completely on its app, which launched in August 2020. The company announced today it has raised $10 million in Series A funding co-led by Alpha Wave Incubation and edtech-focused GSV Ventures.

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How fintech and serial founders drove African pre-seed investing to new heights in 2020

TechCrunch

Typically, pre-seed rounds are raised when the startup is still in the product development phase, yet to make revenue or discover product-market fit. While most African pre-seed investments in 2020 went to fintech, there were exceptions, including Egyptian edtech startup Zedny, which raised $1.2

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10 Zurich-area investors on Switzerland’s 2020 startup outlook

TechCrunch

Zurich tends to take the lion’s share, as the city’s embrace of startups has jump-started development, although Geneva and Lausanne are also hotspots. Today, pitch competitions, incubators, accelerators, VCs and angel groups proliferate. This has meant smaller exits, and thus less development for the ecosystem.

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Raising Awareness about Entrepreneurship as an Economic Development Strategy

Ecosystem Builder Hub

“Communities seeking to grow their economy need to understand the impact entrepreneurship and small business play in economic growth.” — Grow Your Own: Entrepreneurship-based Economic Development for Local Communities, Dell Gines, Federal Reserve Bank of Kansas City. Jess suggests starting with local economic development offices.