Wayflyer, which provides financing to e-commerce startups in exchange for a portion of their future revenue, today announced that it secured $1 billion in capital from investment management firm Neuberger Berman. In a press release, Wayflyer describes the funding as an “off-balance sheet program,” meaning that the company was allowed to keep certain assets and […]
It’s been fun watching Okra Solar’s journey over the last few years. I first encountered the firm on a trip to Shenzhen, before it won our 2019 Hardware Battlefield competition in that city. Today it’s announcing a $12 million Series A aimed at serving wide swaths of the world that presently lack access to electricity. […]