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South African startup Qwili gets $1.2M to scale its app and low-cost NFC-enabled smartphone

TechCrunch

Qwili , a startup that provides a hybrid sales product to micro and small merchants in South Africa, has raised $1.2 In a statement shared with TechCrunch, Qwili said it would use the investment for app development, new hires (improvement in operations and development capabilities) and hardware production.

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Daily Crunch: Blocking VLC player downloads violates Indian law, claims VideoLAN in legal challenge

TechCrunch

The Google iOS 16 Lock Screen widgets are starting to roll out, enabling users to put widgets on the Lock Screen of their iPhone, Sarah writes. Startups and VC. He will be leaving to start his own firm, which will concentrate investments from Series A to Series C. It’s here, it’s here! : Curtius will stay with Tiger until June.

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Stock Dilution in Startup Investing?—?Good or Bad?

propel(x)

Stock Dilution in Startup Investing?—?Good So, you have taken the plunge and invested in a startup and received your stock. Let us say you invest in the seed round of a startup that has issued 10m shares at a valuation of $0.10 You invest $100k and purchase 1m shares, which means you own 10% of the company.

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Some frank advice for open-source startups seeking product-market fit

TechCrunch

Arnav Sahu is an investor at Y Combinator Continuity, YC’s growth-stage investing platform. Unlike typical enterprise software companies, open source startups must go through two journeys for finding product-market fit: First, building a product that users would download and use for free, and then building features that users would pay for.

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Why We Invested in @FerrisApp – A New Kind of Video Sharing App

Both Sides of the Table

I’d love it if you’d take a moment to download the app and tell us what you think. So Why Did We Invest? The backend services to enable scrolling, click-and-watch, scroll forward with minimal buffering, etc. Otherwise known as a tech startup. Yes, we’ve only launched on iOS for now. is non trivial.

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Egyptian investment app Thndr nabs $20M from Tiger Global, Prosus Ventures and others

TechCrunch

But as a relatively young population, most of them have minimal equity market and investment exposure. The company has raised a $20 million Series A round to democratize investing in the Middle East and North Africa. and Europe, up to half of the population invests in financial instruments. One such is Egypt-based Thndr.

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Stability AI, the startup behind Stable Diffusion, raises $101M

TechCrunch

But Mostaque has repeatedly asserted that the company’s R&D will enable it to train models more efficiently going forward. ” Meanwhile, the open source version of Stable Diffusion has been downloaded more than 200,000 times, according to a press release published by Stability AI this morning.

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