An overview of 2022’s deal volume, deal count, exits and other key metrics “Tell me something I don’t know,” was my first reaction when reports on venture capital in 2022 hit my inbox this month. It is pretty clear by now that there was a slowdown, so what’s the point of harping on about it…
In the coming decades, Africa will be a significant growth market for mobile games driven by the proliferation of technology adoption among the continent’s youthful population. And as gamers in sub-Saharan Africa increase to over 180 million in the next five years, per a report, startups such as South Africa-based Carry1st are strategically positioning themselves…
Alice Delahunt believes the future of fashion is in web3 and created Syky (pronounced “psy-key”) to put the wheels in motion. She launched the company in November after a career in marketing at luxury fashion houses, serving in roles including chief digital and content officer at Ralph Lauren and digital and social marketing director at…
Late last week, in a rare sit-down before a small audience, this editor spent an hour with Sam Altman, the former president of Y Combinator and, since 2019, the CEO of OpenAI, the company he famously co-founded with Elon Musk and numerous others in 2015 to develop artificial intelligence for the “benefit of humanity.” The…
The connected home gym gear craze probably experienced its zenith during the height of the COVID-19 pandemic, with indicators like Peloton’s fortunes pointing to waning interest as people get back to using their gym memberships. But the category still has plenty of potential, especially if the gear in question can combine smarts with other key…
Never rely on external resources to do your fundraising for you Occasionally, in my role as a consultant, I am approached by companies that have a plan in place for their fundraising that doesn’t involve the CEO or a member of the founding team running point on the fundraising process. From one perspective, I can…
Kwara, a Kenyan fintech digitizing credit unions (saccos), more than doubled its client base last year, and its eyeing enormous growth in the coming years after raising a $3 million seed extension, and signing an exclusive digital solutions distribution agreement with the Kenya Union of Savings & Credit Cooperatives (Kuscco), the national umbrella body representing…
When Constantin Robertz was working at Zalora, he was involved in moving warehouses six times as the e-commerce company outgrew its logistics infrastructure. This inspired him to co-found Locad, a logistics provider for omnichannel e-commerce companies that connects its network of third-party warehouses and shipping carriers with a cloud-based platform referred to its “logistics engine.”…
Thousands of Norton LifeLock customers had their accounts compromised in recent weeks, potentially allowing criminal hackers access to customer password managers, the company revealed in a recent data breach notice. In a notice to customers, Gen Digital, the parent company of Norton LifeLock, said that the likely culprit was a credential stuffing attack — where…
Hello, climate tech readers! Even without a milestone fusion announcement this week, plenty happened in the climate tech world that’s worth catching up on. From massive solar investments to plant-based steaks and small, modular batteries to back up your home, there’s something for everyone. Let’s dive in. Image Credits: Elijah Nouvelage/Bloomberg / Getty Images Last…
