Remove disruption Remove financing Remove innovation Remove transportation
article thumbnail

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

article thumbnail

Uganda’s Tugende closes $3.6M Series A extension to meet the demand for its asset finance products

TechCrunch

Ugandan technology-enabled asset finance company Tugende today announced that it has closed $3.6 This brings Tugende’s total Series A financing to $9.9 This brings Tugende’s total Series A financing to $9.9 The company is also currently piloting financing for e-mobility assets. . Image Credits: Tugende.

financing 103
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. To make it easier to toggle between the three, there needs to be significant policy, financing, and physical transformation. The soundbite: “What distinguishes the apex innovators from behemoths who disappear?

article thumbnail

Incremental Innovation is Just As Powerful as Disruption

Tomasz Tunguz

The genuine progress in IT from the 1970s up to the 2000s masked the relative stagnation of energy, transportation, space, materials, agriculture and medicine. Like Thiel, I think Christensen undervalues efficiency innovations. Combining efficiency innovations can lead to enabling innovations that create new industries.

article thumbnail

Navigating Singapore’s Startup Ecosystem: Top 5 Funding Initiatives Unveiled

AsiaTechDaily

Startup SG Founder The Standards, Productivity and Innovation Board Spring (SPRING) consolidates various startup assistance programs. The initiative aims to provide Singapore-based startups access to diverse funding sources and mentorship programs, nurturing innovative concepts into prosperous companies.

article thumbnail

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.

article thumbnail

Wellthy lands $25M to help caregivers feel less overwhelmed

TechCrunch

Image Credits: Wellthy Jurist-Rosner founded Wellthy in 2015 (the startup actually launched as a Battlefield contestant at TechCrunch Disrupt that year ) to help others like herself who were juggling work and caregiving. Its latest financing was an up round, but Jurist-Rosner said that was not something the company was focused on.

health 95