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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. Sectoral transformation.

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Finding Founder-Market-Geography Fit

Revolution

Interstate System : Atlanta is a nexus for major interstates like I-20, I-75, and I-85, allowing for efficient road transport. Rail Network : Atlanta offers access to both Norfolk Southern and CSX Transportation. Inland Ports : The availability of inland ports like the Appalachian Regional Port provides intermodal transfer options.

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Moonshots, Momentum, and Legislative Tailwinds Beyond Silicon Valley

Revolution

Our findings confirmed a significant shift away from the traditional tech hubs of the Bay Area, New York City, and Boston, with the proportion of seed- and early-stage VC dollars funneling into the Bay Area falling below 30% for the first time in more than a decade. Infrastructure touches everything.

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Venture Capital Firm Goodwater Secures $1 Billion in New Funding

AsiaTechDaily

With this approach, Goodwater aims to support startups that seek to make a positive impact on housing, healthcare, food, financial services, transportation, education, and entertainment for billions of people worldwide. Goodwater has a record of issuing checks to 600 seed-stage startups across 50 countries.

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Meet the Black Female Founders from TC Include at TC Sessions: Justice 2021

TechCrunch

We partnered with various founder organizations — who in turn nominated promising early-stage startup founders — and collectively provide educational resources and mentorship to help these young founders develop and succeed over the course of the year. Founded by Denise Umubyeyi. Go Together, Inc. : Founded by Kimberly Moore.

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Reports say African startups raised record-smashing $4.3B to $5B in 2021

TechCrunch

Briter Bridges : In 2020, the publication reported that fintech companies accounted for 31% of the total VC funding. Other sectors include health tech (8%), logistics (7%), education (5%) and clean tech (5%). The Big Deal : African fintech startups received 53% of the total VC funding in 2021; it was 49% in 2020.

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How to Create a Healthy Local Startup and Tech Community

This is going to be BIG.

They need to be focused on housing cost, transportation crime, and the kind of zoning that enables a critical mass of interesting local businesses to thrive. They can have some longer term impacts through educational institutions. In 2005, it was a risky bet to join Union Square Ventures and plant my VC career here in NYC.