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Revolution Ventures Invests in Oula, the Maternity Care Startup Combining the Best of Obstetrics…

Revolution

Revolution Ventures Invests in Oula, the Maternity Care Startup Combining the Best of Obstetrics and Midwifery Oula will use the $28M Series B to open additional clinics and launch new services. With plans to open new clinics in 2025, the company is poised to become the largest U.S. employer of midwives.

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Best Buy investing millions in Brown Venture Group, a firm exclusively backing BIPOC founders

TechCrunch

As part of the retail giant’s self-proclaimed mission to better address underrepresentation and technology inequities, the company announced today that it is investing up to $10 million in Brown Venture Group. billion with BIPOC and diverse businesses by 2025. Black and Latin communities were the recipients of just 2.6%

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EV startup Zypp Electric nabs $25M to hit 30 Indian cities by 2025

TechCrunch

Zypp Electric will use the funds to expand its fleet from 10,000 to 200,000 bikes and widen its footprint to 30 Indian cities by December 2025. Gupta told TechCrunch that as part of Zypp Electric’s goal to reach 200,000 bikes by 2025, the company will deploy 50,000 this year and 100,000 next year. 6x from the last round.

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ByteDance Co-Founder Resurfaces with New Venture in Hong Kong After Two-Year Absence

AsiaTechDaily

Register Zhang Yiming, the co-founder of ByteDance, the parent company of the popular social media platform TikTok, has established a new private investment fund in Hong Kong. The fund, known as Cool River Venture, will primarily focus on investing in technology-related industries.

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Black Founders Matter presses VCs to pledge commitment to diversity

TechCrunch

Today, at the helm of the Black Founders Matter venture fund, Michel has kept that mentality. The fund announced today the formation of the 25 by 25 Pledge , which encourages venture capitalists to commit to investing a quarter of their funds into BIPOC women founders by the year 2025. I just see it as the start.”

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Kenyan startup Wowzi secures $3.2 million from 4DX Ventures, Andela co-founder to expand across Africa

TechCrunch

million from investors over the last few months, part of which includes a recently concluded $2 million seed round that was led by the Africa-focused venture capital firm 4DX Ventures. Wowzi co-founders (l-r) Mike Otieno, Hassan Bashir and Brian Mogeni. This was preceded by a $1.2 million pre-seed round. Image Credits : Wowzi.

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GetVantage offers revenue-based financing to India’s founders

TechCrunch

The Mumbai-based startup announced today that it has raised $36 million in equity and debt led by Varanium Nexgen Fintech Fund, DMI Sparkle Fund, along with returning investors Chiratae Ventures and Dream Incubator Japan. For founders without the right network, it’s hard to find investors.