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IFC launches new platform to bolster digital economy in Africa, Middle East, Central Asia, and Pakistan

AsiaTechDaily

This will be used to strengthen venture capital ecosystems and invest in early-stage companies in order to address development challenges through technological innovations in climate, health care, education, agriculture, e-commerce, and other sectors. trillion and create 1.5 million manufacturing jobs in the next 30 years.

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Builders and VCs explore the impact of air mobility on urban planning at TC Sessions: Mobility 2022

TechCrunch

Over the past decade, some of the biggest names in the tech, VC, automotive and aerospace industries have poured millions of dollars into developing electric vertical take-off and landing (eVTOL) aircraft. Don’t miss this important and fascinating discussion about t he impact of air mobility on urban planning and development. .

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Proptech in Review: 3 investors explain why they’re bullish on tech that makes buildings greener

TechCrunch

We asked three venture capital firms investing at the intersection of proptech and climate tech about how a focus on reducing emissions can trim a building’s carbon footprint and offer new opportunities for returns. trillion every year between now and 2050, according to McKinsey. That’s where proptech can step in.

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Backed by Epic Games, distributed computing startup Hadean nabs $30M to power the metaverse

TechCrunch

At its core, Hadean is all about helping developers scale their codebase to support software that requires significant computing power, something that Minecraft demands particularly when it involves multiplayer engagement across the internet. and metaverse applications.

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Two European companies are mapping a future service for direct air capture to sequestration of CO2

TechCrunch

There is growing awareness of the need to build capacity to remove CO 2 from the atmosphere to achieve net zero by 2050. That will be the price range needed to build up the infrastructure and finance it.” We are enthusiastic about this collaboration with Climeworks. Image Credit: Climeworks.

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

TechCrunch

The market size of Africa’s digital economy is massive and, if projections go as planned, should top $712 billion by 2050. These markets make up 32% of Africa’s population, 51% of the continent’s mobile network connections, 50% of its professional developers and 51% of its GDP. from 2010 to 2019. “By The continent’s investment story.

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REEF Technology raises $700M from SoftBank and others to remake parking lots

TechCrunch

SoftBank and Mubadala are joining private equity and financial investment giants Oaktree, UBS Asset Management and the European venture capital firm Target Global in providing the cash for the massive equity financing. on potential partnerships). .” Photo by Matthew Horwood/Getty Images).