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Sendbox raises $1.8m seed  to digitise deliveries for African SMEs thumbnail
Technology
Sendbox raises $1.8m seed to digitise deliveries for African SMEs

Sendbox, the Nigerian startup digitising deliveries for e-commerce and social commerce sellers in Africa, has closed a $1.8 million seed round to expand into more African markets, scale its product offerings and hire more talents.  4DX Ventures returned to lead this investment round after participating in the startup’s pre-seed in 2018. Other investors in this…

Eden Life raises $1.4m to digitise house chores for African homes thumbnail
Technology
Eden Life raises $1.4m to digitise house chores for African homes

Eden Life, a Nigeria-based startup digitising home service for homes across Africa, has raised a seed round of $1.4 million to ramp up more market share, bringing its total investment to $2 million. The investment round was led by LocalGlobe with participation from Africa-focused VCs, Future Africa, Samurai Incubate, Village Global, Rising Tide Africa and…

MoonPay Raises $400 Million in Second Round Funding, Valuation Now at $3.4 billion thumbnail
Business
MoonPay Raises $400 Million in Second Round Funding, Valuation Now at $3.4 billion

AnnouncementsMoonPay Raises $400 Million in Second Round Funding, Valuation Now at $3.4 billion Lujan OderaOctober 12, 2021US-based crypto payment startup, MoonPay has completed a $400 million capital injection raise bringing the total valuation of the company to $3.4 billion, a blog post from The Information reads. The funding aims to enhance the features of the…

Ampol raises takeover offer price for Z Energy thumbnail
Business
Ampol raises takeover offer price for Z Energy

Navigation for News Categories Australian fuel company Ampol has slightly raised its takeover price for Z Energy enough to win the backing of the company’s board. Photo: RNZ The Z Energy board has unanimously recommended Ampol’s offer of $3.83 a share, which has been boosted by Ampol agreeing to the payment of 5 cents a…

NZ raises rates to rein in property prices and inflation worries thumbnail
Business
NZ raises rates to rein in property prices and inflation worries

Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more. Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access…

1047 Games raises $100M at $1.5B valuation after 13M Splitgate downloads thumbnail
Technology
1047 Games raises $100M at $1.5B valuation after 13M Splitgate downloads

A new GamesBeat event is around the corner! Learn more about what comes next.  1047 Games raised $100 million at a $1.5 billion valuation after getting 13 million downloads for Portal-like Splitgate. That’s an amazing turn of events for the Zephyr Cove, Nevada-based game studio, which launched a beta version of the free-to-play game in…

Bumpa raises $200k pre-seed to build e-commerce solutions for African merchants thumbnail
Technology
Bumpa raises $200k pre-seed to build e-commerce solutions for African merchants

Bumpa, an e-commerce solution startup helping African retailers manage and grow their businesses from their mobile phones, has closed a $200k pre-seed funding round.  Ventures that participated in the round are Greencap Equity, Whogohost Venture Arm, Rizq Investment Group, Microtraction, and DFS Labs. Angel investors like Prosper Otemuyiwa, Oo Nwoye, and a few others also…

Ridelink raises $150k pre-seed to build e-logistics technology for East Africa thumbnail
Technology
Ridelink raises $150k pre-seed to build e-logistics technology for East Africa

Ridelink, an Ugandan e-logistics platform, has just closed a $150k pre-seed investment round to improve its technology and double down on its marketing efforts. The investment was birthed from the startup’s  partnership with Ortus Africa Capital, Omidyar Network and African Leadership Academy’s Young Entrepreneurs Fund(Anzisha).  This round brings Ridelink’s total fund raised to US$250k, having previously…

Paleoclimate Data Raises Alarm on Historic Nature of Climate Emergency thumbnail
Science & Nature
Paleoclimate Data Raises Alarm on Historic Nature of Climate Emergency

Searing statements in this week’s landmark Intergovernmental Panel on Climate Change (IPCC) report are particularly alarming, considering the characteristically cautious language of science. The first consensus of the document’s 234 authors: it is “unequivocal” that humanity’s burning of fossil fuels has caused climate change. In fact, data reconstructions in the report indicate that Earth’s average…