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How African startups raised venture capital in 2022

TechCrunch

Earlier this month, we reported that investors’ sentiments surrounding venture capital activity going into this were more reserved than upbeat. Investors believe the market correction, which caught up with the continent in the second half of 2022, will spiral into this year. There was reason to believe so. Briter Bridges recorded $5.2

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Cloverleaf Secures $7.3 Million Series A Extension Led by Advantage Capital

American Entrepreneurship

The investment was led by Advantage Capital with participation from Conductive Ventures, Origin Ventures, ScOp Venture Capital, JobsOhio, Cintrifuse Capital and 1809 Capital. The company has tripled its revenue since its previous funding round in June 2022 and is expecting continued revenue growth with this new capital.

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How Small Businesses Can Leverage 2022 Trends in 5 Steps

StartupNation

2022 will be a unique and promising time for businesses as we regain a sense of normalcy in a post-pandemic society. If you’re looking to establish or redefine your business in 2022, here are 5 steps you should consider implementing in the year to come. This option provides you with the utmost flexibility when it comes to financing.

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Why Early Valuations Might Surge in 2022

Tomasz Tunguz

Instead of late-stage opportunities, they’ll be focusing on early-stage venture in 2022. Across Series A to Series E rounds in the US, hedge funds participated in 63% of startup financings worth more than $200B in 2021. The surge of hedge fund capital into Series C-E investing boosted median pre-money valuations 150% in 2021.

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Ocho wants to rethink (and rebrand) personal finance for business owners

TechCrunch

Personal finance is hard – and that’s a tale as old, and difficult to disrupt, as time. And while Nagpal agrees that there’s no “north star” company that has shown how to tackle finance literacy at scale, he’s hoping that Ocho’s 10-person team may just have a not-so-boring wedge that changes that. Image Credits: Ocho.

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TechCrunch+ roundup: Cell-cultured meat, alternative financing, avoiding tech debt

TechCrunch

Use alternative financing to fuel VC-level growth without diluting ownership. Alternative financing options such as revenue financing or expense financing are often overshadowed by the VC model, but they can be just as, and sometimes more, useful for SaaS startups, writes Miguel Fernandez, CEO and co-founder of Capchase.

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NJEDA Opens the NJ Capital Access Fund

American Entrepreneurship

Working capital loans with competitive interest rates and no collateral requirement will support New Jersey small businesses TRENTON, N.J. November 28, 2023) – The New Jersey Economic Development Authority (NJEDA) today announced the opening of the NJ Capital Access Fund.

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