Startups in East Africa have a new source for investment and mentorship. Sweden’s Norrsken Foundation—a coworking space and investment fund based in Stockholm—opened its tech fund and entrepreneurship hub in Rwanda today to support ventures across the region. Norrsken’s Kigali center is located on the former École Belge campus and will begin with seed investments of ... Over 2 million women were diagnosed with breast cancer in 2018. And while the diagnosis doesn’t have to be a death sentence for women in countries like the United States, in developing countries three times as many women die from the disease. Breast cancer survival rates range from 80% or over in North America, Sweden ... Founders might not believe it, but managing a venture capital firm isn’t all that dissimilar to a startup. Case in point today: InnoVen Capital, one of Asia’s most prominent venture debt firms, has pulled in $200 million in new money to continue its expansion in the region. The money comes from InnoVen’s two shareholders — ... Amidst the newly minted scooter unicorns, ebbs and flows of bitcoin investments and wagers on the price of Uber's IPO, another trend has shaken up the tech industry: enterprise software successes. ... The fund, headquartered in Palo Alto and London, is backed solely by German insurance business Allianz. ... We’re a week out from our third-annual TC Sessions: Robotics event, and we still have some surprises left to announce. I know, we’re just as surprised as you are. We’ve already announced that Marc Raibert, Colin Angle, Melonee Wise and Anthony Levandowski will be joining us in Berkeley next week, and today we’re adding Claire ... Didi Chuxing is making a further push into the financial arena as it looks to diversify its business amid huge losses. We reported in January that the company, which controls a dominant slice of China’s ride-hailing market, released financial and insurance products targeting riders and drivers. Its service offering just broadened after the startup launched ... Ola, Uber’s key rival in India, is doubling down on electric vehicles after it span out a dedicated business, which has pulled in $56 million in early funding. The unit is named Ola Electric Mobility and it is described as being an independent business that’s backed by Ola. TechCrunch understands Ola provided founding capital, and ... Continuing its quest to become the Amazon Web Services for biomanufacturing, Ginkgo Bioworks has launched a new spinoff called Motif Ingredients with $90 million in funding to develop proteins that can serve as meat and dairy replacements. It’s the second spinout for Ginkgo since late 2017 when the company partnered with Bayer to launch Joyn ... Lalamove, a Hong Kong-based on-demand logistics startup, has closed a $300 million Series D round as it seeks expansion across Asia. In doing so, the company has officially entered the unicorn club. Founded in 2013 by Stanford graduate Shing Chow, Lalamove provides logistics and delivery services in a similar style to ride-hailing apps like Uber ...
Posts Tagged ‘head’
Norrsken opens East Africa startup fund and hub in Kigali
These Johns Hopkins students are slashing breast cancer biopsy costs
InnoVen Capital, one of Asia’s most prominent venture debt firms, adds $200M more to its kitty
A new era for enterprise IT
AV8 Ventures launches with $170M to invest in digital health, mobility and enterprise tech
Claire Delaunay will be speaking at TC Sessions: Robotics + AI next week at UC Berkeley
Didi steps up financial drive as it courts car leasing companies
India’s Ola spins out a dedicated EV business — and it just raised $56M from investors
With $90 million in funding, the Ginkgo spinoff Motif joins the fight for the future of food
On-demand logistics startup Lalamove raises $300M for Asia growth and becomes a unicorn