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IFC backs Bolt with $24M to expand its transportation network in emerging markets

TechCrunch

Bolt , an Uber competitor that is building an international on-demand network of services to transport people, food and other items in cars, scooters and bikes across Europe and Africa, has picked up some strategic funding today to continue expanding its business in emerging markets. billion, based on a 1.5x multiple on GMV of €3.5

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How To Unleash Sustainable Innovation That Matters

Entrepreneurs' Organization

As President and co-owner of the 102-year-old Lamey Wellehan shoe stores, Jim Wellehan used sustainability to foster innovation and remain relevant in the face of fierce competition. If you are simultaneously interested and confused by sustainability, you are not alone. Share and prosper. Read the rest of the article!

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Real estate developer turned prefab home builder Veev closes on $400M in fresh funding

TechCrunch

Veev, a real estate developer turned tech-enabled homebuilder, announced today that it has raised $400 million a Series D round that propels the company to “unicorn status.” Interestingly, Veev Group started its life as a traditional real estate developer and asset manager.

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Everstream, which applies big data to supply chain management, raises $50M

TechCrunch

Julie Gerdeman, Everstream’s CEO, says that the fresh capital will be put toward product development, hiring and customer success efforts. According to a recent survey from Capgemini, companies see disruption in the supply chain as the top risk to their business growth, ahead of rising raw material prices and the energy crisis.

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Moonshots, Momentum, and Legislative Tailwinds Beyond Silicon Valley

Revolution

Roads, bridges, and transport will make or break a city’s ability to grow its startup ecosystem and talent pool. The problem of housing affordability and supply is largely a political problem, and those policies (that prevent developers from building multi-family properties) are largely popular. Infrastructure touches everything.

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Google’s third bet from its Africa Investment Fund is in logistics company Lori Systems

TechCrunch

Lori Systems , an African on-demand logistics and trucking company digitizing haulage and providing shippers with solutions to manage their cargo and transporters, has raised a pre-Series B round in which Google participated along with other existing investors.

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Furno Secures $6.5 Million Seed Funding to Cement a Carbon Neutral Future

American Entrepreneurship

Our mission is to go the distance by innovating at the heart of cement production and operating as a complement to other technological developments in the cement space,” explains Gurinder Nagra, Furno founder and chief executive officer. The demand for cement has grown exponentially over the last few decades as global development expands.

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