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Kobo360 raised $20 million in a Series A round headed by Goldman Sachs in 2019 [13] and $10 million in working capital funding from Nigerian commercial banks. [14] [13]Kobo360 raised an additional $56 million in its series B round led by Afrexim Bank's equity arm - The Fund For Export Development in Africa (FEDA), with participation from existing investors.
These startups are using tech to disrupt advertising and marketing. Explore the pitch decks selling their vision. Check out these 41 pitch decks that advertising startups used to raise millions ...
In Europe, the first accelerator program was started by Accelerace in 2009 in Denmark (strongly subsidised by the Danish government) followed shortly after by Startup Wise Guys in 2012 in Estonia. With the growing popularity of seed accelerator programs in the US, Europe has seen an increase in accelerators to support a growing startup ecosystem.
Entrepreneur First was founded in 2011 by Matt Clifford and Alice Bentinck, who had worked as management consultants at McKinsey & Company since 2009. According to Clifford, the model was inspired by a McKinsey project to develop a technology cluster in East London, which would tap "talented graduates" to create startups to bolster the cluster.
Most African startups' bulk of VC money is from foreign investors, making it imperative for African startups to incorporate abroad, especially in the U.S. Raise, a startup building Africa's Carta ...
The Smart Africa Alliance is a partnership among African countries [1] adhering to the Smart Africa Manifesto. Its goal is to accelerate sustainable socioeconomic development on the African continent [ 2 ] through usage of Information and Communications Technologies (ICTs) and through better access to broadband services.
The company held its first program in Boulder in 2007 with ten companies. [5] Of the ten, two were acquired that same year. As of 2012, three had achieved positive exits and two were generating millions in annual revenue. [6] In subsequent years, Techstars expanded to Boston, Seattle, New York City, a "cloud" program in San Antonio, and Austin.
Sex workers in Belgium have been given the right to health insurance, maternity leave, sick pay and other employment benefits under a new world-first law.. The new legislation will allow sex ...