Modus expands to sub-Saharan Africa with the launch of its AI and blockchain-focused $75M fund

November 15, 2022

New York-based venture platform Modus has launched Modus Africa, a venture capital fund for AI and blockchain startups across sub-Saharan Africa, TechCrunch has learned. The fund is expected to reach a final close in the first quarter of next year. The spinoff continues Modus’s string of moves over the past 18 months, which has seen […]

Modus expands to sub-Saharan Africa with the launch of its AI and blockchain-focused $75M fund by Tage Kene-Okafor originally published on TechCrunch

Vimcal wants be the most nifty calendar app on the block

November 15, 2022

Y Combinator-backed company Vimcal thinks creating an event takes too many steps in the current crop of calendar apps. So the company has made a calendar app that lets you create and edit events in just a few steps. Today, the startup is releasing its iOS app along with integration for Outlook accounts. The company […]

Vimcal wants be the most nifty calendar app on the block by Ivan Mehta originally published on TechCrunch

From the founders of Acast, Sesamy is setting out to ‘de-wall’ digital content

November 15, 2022

A new startup from the founders of Acast today announced a $3.4 million seed round of funding to “de-wall” digital content including ebooks, audiobooks, and news articles. After recently severing ties with Acast, a popular podcasting platform they founded some eight years ago, Karl Rosander, Måns Ulvestam, and Markus Ahlstrand have turned their attentions to Sesamy, […]

From the founders of Acast, Sesamy is setting out to ‘de-wall’ digital content by Paul Sawers originally published on TechCrunch

BasiGo to kick-off EV assembly in Kenya after $6.6M funding

November 15, 2022

BasiGo will begin assembling electric buses in Kenya from next month, ramping up its production of public transport vehicles (PSVs) as it targets to deliver 100 units by end of next year. The startup plans to deliver 15 of the 100 buses, manufactured using parts from China’s EV maker BYD Automotive, in January next year, […]

BasiGo to kick-off EV assembly in Kenya after $6.6M funding by Annie Njanja originally published on TechCrunch

Alibaba eyes logistics growth in LatAm as China commerce slows

November 15, 2022

Cainiao, the logistics arm of Alibaba, is traveling far from home to seek expansion for its business. The company recently launched its first parcel distribution center in Brazil, adding to its regional network of sorting centers in Mexico and Chile, it said Monday. Alibaba’s e-commerce business in China has been hurt by a combination of […]

Alibaba eyes logistics growth in LatAm as China commerce slows by Rita Liao originally published on TechCrunch

Helbiz sees losses in mobility revenue, slight gains in streaming

November 15, 2022

Helbiz’s third quarter earnings show a company that’s burning cash, not making revenue gains and losing riders year over year. However, Helbiz’s burgeoning sports streaming service did realize some small gains. The micromobility SPAC reported its Q3 earnings Monday, the same day as its only public market competitor, Bird. Neither company is performing well operationally […]

Helbiz sees losses in mobility revenue, slight gains in streaming by Rebecca Bellan originally published on TechCrunch

Silkhaus gets $7.75M to digitize short-term rentals across emerging markets

November 15, 2022

Silkhaus, a Dubai-based platform for short-term rentals coming out of stealth, has raised $7.75 million in seed funding, money it plans to use for expansion across South Asia, Southeast Asia and the MENA region.  Venture capital firms that participated in the round include Nuwa Capital, Nordstar, Global Founders Capital, Yuj Ventures, Whiteboard Capital and VentureSouq. […]

Silkhaus gets $7.75M to digitize short-term rentals across emerging markets by Tage Kene-Okafor originally published on TechCrunch