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Google’s Africa Investment Fund makes first investment in Uganda’s SafeBoda

TechCrunch

Internet giant Google announced today that it has made the first investment from its Africa Investment Fund in Ugandan super app SafeBoda. Before launching the fund, Google proved helpful in startups’ journeys via its Google for Startups Accelerator Africa program. Google sets up $50M fund to invest in African startups.

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Shift4Good raises $4.35M from transport firm ComfortDelGro

AsiaTechDaily

million from GSX-listed transportation firm ComfortDelGro Corporation. In a statement, the company said that ComfortDelGro is the first strategic LP from Southeast Asia that invested on Shift4Good, which hit a first close of about $98 million for its debut fund in October 2022.

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Outpost Raises $12.5 Million to Accelerate Growth, Targeting the Nationwide Truck Parking Shortage

American Entrepreneurship

million in Series A funding, led by GreenPoint Partners with support from Speedwagon Capital Partners, to accelerate expansion of its managed properties and technology platform. FirstFleet, PAM Transport, Dot Transportation, Western Flyer Xpress, and Riverside Transport, as well as more than 1,500 midsized fleets and small trucking companies.

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Finding Founder-Market-Geography Fit

Revolution

In 2017, we partnered with iconic leaders in American business to turn the thesis we developed on the road — that great companies can start and scale anywhere when given a chance — into an investment vehicle. In the last decade, we’ve socialized several Rise of the Rest-isms to describe investments that check those boxes.

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Bangladesh transport tech startup Shuttle raises $1.5m

AsiaTechDaily

Register Bangladeshi transport-tech startup Shuttle now has a total of $2.5 million in investments after it raised $1.5 Other participants in the funding round were State-run VC fund Startup Bangladesh, investors from Bangladesh Angels Network (BAN), and existing backers, including Accelerating Asia. Username or Email Address.

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Student rideshare service HopSkipDrive raises $25M to expand and invest in electrification

TechCrunch

We are also continuing to invest in our route optimization software, which just helps districts get more efficient and greener,” Joanna McFarland, CEO and co-founder, told TechCrunch. “By By reducing overall fleet size, we play a significant role in the overall acceleration of the electrification of the entire yellow bus network.”. “By

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GM Ventures invests in startup building fast charge-capable battery tech

TechCrunch

Alongside lead investor Lotte Chemical and investment company KTB Network, General Motors’ corporate venture capital arm, GM Ventures, signed on as a strategic investor. ” Soelect is not the only battery company that the VC invested in recently. .