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Despite the downturn, CVC gains traction in Brazil’s startup ecosystem

TechCrunch

Despite the challenging fundraising environment of 2022, we saw more big corporations launching their corporate venture arms in Brazil last year than during the boom years of 2020 and 2021. This has resulted in a dynamic where the majority of the successful and mature startups in Brazil are fintechs.

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After a record 2022, 8 investors explain why it’s ‘still just Day 1’ for Africa’s startup ecosystem

TechCrunch

In fact, even some of the excesses of 2021 were eclipsed when the number of investments on the continent rose higher in 2022 than they had a year earlier, boosted by early-stage firms flocking to fund startups in the wake of landmark exits of homegrown companies like Jumia and Paystack. For global venture capital, 2021 was an outlier.

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The startup landscape has shifted dramatically: Accelerators must adapt or fade away

TechCrunch

Amid these turbulent times, the VC accelerator industry has emerged as a stalwart player. growth from 2020 to 2021. Importantly, the traditional accelerator model has enjoyed the fruits of these potential paradigm shifts. Moreover, rumors of deeply unethical behavior at accelerators are starting to surface frequently.

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Co-Creation Hub’s edtech accelerator puts $15M towards African startups

TechCrunch

Africa’s largest innovation hub Co-Creation Hub (CcHUB), is launching a $15 million accelerator program, dubbed The Edtech Fellowship Program, to back and support 72 startups across Nigeria and Kenya over the next three years, TechCrunch has learned.

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K-Startup Grand Challenge: The South Korea accelerator program that is ‘a gateway’ to doing business in Asia

AsiaTechDaily

In July 2021, the United Nations Conference on Trade and Development (UNCTAD) upgraded Korea’s status to a developed economy. The country strives to create a balance between industrial conglomerates and the startup ecosystem. The program received applications from 2,439 startup teams from 124 countries.

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AHG Lab Secures $4M in Funding to Boost Philippine Startups

AsiaTechDaily

million in its seed round in 2021, with support from Philippine’s venture capital investor Foxmont Capital Partners. The Philippines-based AHG Lab intends to utilize the raised funds to develop further the more than ten startups it is currently nurturing under its wing. AHG Lab had previously secured $1.1

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K-Startup Grand Challenge 2022 is accepting applications from global startups till May 31

AsiaTechDaily

Register South Korea’s leading accelerator program K-Startup Grand Challenge (KSGC) , considered ‘a gateway’ to do business in Asia, invites global startups to participate. Thriving Startup Infrastructure: Korea is a country that has 18 unicorn startups. trillion. trillion won (US$6.4

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