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Finding Founder-Market-Geography Fit

Revolution

One is “tentpole company,” or a category-defining startup that helps put their hometown on the map, both for investors and future generations of founders. Internally, we’ve begun using the term “founder-market-geography fit” to describe this idea. What is Founder-Market-Geography Fit? Let’s get into it. Plastomics: St.

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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 a recent funding round led by South Asia Tech, a growth-stage VC fund that is focused on logistics and e-commerce startups in the region. Shuttle that is based in Dhaka, started its journey in 2018 with pre-seed capital from Robi Axiata.

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Venture Capital Firm Goodwater Secures $1 Billion in New Funding

AsiaTechDaily

Register Venture capital firm Goodwater has concluded its latest funding round, raising $1 billion in capital commitments for its fifth early-stage and third opportunity-style funds. Most of the capital, 60%, will be allocated to early- and seed-stage startups. With this successful raise, the firm now manages $3.3

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Hear from Contrary Capital and AtoB on TechCrunch Live today

TechCrunch

AtoB’s integrated financial platform is like Stripe for transportation, says Harshita Arora, co-founder of AtoB. Now, five years later, the company she co-founded with Vignan Velivela and Tushar Misra has raised a total $230 million in a combination of venture equity, debt and strategic working capital.

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Venture capital will soon be brimming with ghosts

TechCrunch

The tech industry loves generalizations — and don’t worry, I enjoy my fair share too — but as the downturn continues to play out, it’s increasingly important to think about the structural changes that may be forming in the venture capital landscape. Venture firms, unlike unicorns, often don’t have hundreds of employees to cut.

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

TechCrunch

The dynamics that play into this forecast, aside from the impact of COVID, include a youthful population (the youngest globally), rising smartphone adoption and internet penetration that has led to a burgeoning tech ecosystem backed by local and international VC dollars. million jobs due to Google’s $1 billion investment in the continent.

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

TechCrunch

Collectively , they have raised over $100 million in venture capital. Google also recently launched Black Founders Fund, a non-dilutive $3 million fund allocated to 50 startups yearly. . If there are founders building interesting products solving real challenges in Africa, that would fall squarely within our investment thesis.”.

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