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Posts Tagged ‘CEO’

Baby food delivery startup Yumi spoon fed another $8M in strategic funding

Babies have options these days when it comes to what goes in their mouths. No more is it just the standard mush in a jar. Now they’ve got everything from pouches to organic purees delivered right to their parents’ door — and Yumi is one of several startups cashing in. The company has just announced ...

Jiji raises $21M for its Africa online classifieds business

Pan-African digital classifieds company Jiji has raised $21 million in Series C and C-1 financing from six investors, led by Knuru Capital. The Nigeria based venture, co-founded by Ukrainian entrepreneur Vladimir Mnogoletniy, has an East to West presence that includes Ghana, Uganda, Tanzania, and Kenya. Buyers and sellers in those markets use Jiji to transact ...

Rocket Lab launches 10th Electron mission with successful rocket booster re-entry

Rocket Lab launched its 10th Electron spacecraft on Friday morning, successfully delivering payloads for clients Spaceflight and Alba Orbital. The launch company also had an important secondary mission for this launch: Testing out the guidance, control and navigation systems of their first stage rocket recovery system. Rocket Lab announced earlier this year that it would ...

Mobility startup Damon Motors enters e-moto arena with EV debut

Vancouver based mobility startup Damon Motorcycles has entered the EV arena with a preview of its first e-moto, the Hypersport Pro. The seed-stage company had previously focused on creating digital safety technology — like its 360 degree radar detection system — to augment two-wheelers made by other manufacturers. Damon has determined to create its own ...

Credit startup Migo expands to Brazil on $20M raise and Africa growth

After growing its lending business in West Africa, emerging markets credit startup Migo is expanding to Brazil on a $20 million Series B funding round led by Valor Group Capital. The San Mateo based company — previously branded Mines.io — provides AI driven products to large firms so those companies can extend credit to underbanked ...

Africa Roundup: Nigerian fintech gets $360M, mints unicorn, draws Chinese VC

November 2019 could mark when Nigeria (arguably) became Africa’s unofficial capital for fintech investment and digital finance startups. The month saw $360 million invested in Nigerian focused payment ventures. That is equivalent to roughly one-third of all the startup VC raised for the entire continent in 2018, according to Partech stats. A notable trend-within-the-trend is ...

Vinted, the second-hand clothes marketplace, raises $141M at a $1B+ valuation

The market for second-hand clothes — the “circular economy” as it’s sometimes called — has been on the rise in the last several years, fuelled by economic crunches, a desire to make more responsible and less wasteful fashion choices, and a wave of digital platforms that are bringing the selling and buying of used clothes ...

Ford says it has nothing to prove to Tesla in F-150 vs Cybertruck tow battle

It was the challenge heard around the electric vehicle world. And now it seems, the Ford F-150 versus Tesla Cybertruck tow battle that we were all ready for, probably won’t happen. A quick recap: Tesla CEO Elon Musk poked the figurative Dearborn, Michigan bear in the middle of the company’s Cybertruck unveiling when he played ...

Dating.com acquires Dil Mil app for South Asian expats as dating apps consolidate

Following the recent news about the Badoo and Bumble and Badoo exit there is more consolidation in the dating app space. It seems many dating apps are running for the exits ahead of the launch of dating on Facebook. The Dating.com Group – an investment of SDVentures – has acquired Dil Mil, a San Francisco-based dating app for expats from ...

Rocket Lab readies Electron for the first launch with rocket recovery systems on board

Rocket Lab is getting ready to fly its tenth mission, which the first official launch window during which it could happen set for this week on November 29. Aside from being a milestone 10th mission (dubbed ‘Running Out of Fingers,’ ha), this will be the first time that Rocket Lab includes technology designed to help ...