Fez Delivery, a Lagos-based last-mile logistics startup with hubs across Nigeria, has raised $1 million led by pan-African investor Ventures Platform with participation from Voltron Capital, Acasia Ventures and other angel investors. CEO Seun Alley, in a statement, said the company plans to use the seed investment to deepen its work in Nigeria (which has […]
Techstars-backed Fez Delivery gets funding to scale its last-mile logistics platform by Tage Kene-Okafor originally published on TechCrunch
Nimbbl, an Indian startup seeking to improve conversions for merchants with its 1-click payment checkout solution, has raised $3.5 million in seed and pre-Series A rounds from Sequoia Capital India, Global Founders Capital (GFC), financial services platform Groww and a list of angel investors, the startup said Tuesday. The Mumbai-headquartered startup offers a 1-click checkout […]
Sequoia Capital India, GFC back 1-click payment checkout startup Nimbbl in $3.5m funding by Jagmeet Singh originally published on TechCrunch
Concrete. Ubiquitous. A mainstay of the construction industry — over 10 billion cubic meters of concrete are used every year. And also responsible for up to 8% of CO2 emissions — one ton of ordinary Portland cement creates somewhere between 800 and 900 kilograms of CO2 emissions. Finnish startup Carbonaide has just raised €1.8 million (~$1.9 […]
When life gives you carbon, make Carbonaide by Haje Jan Kamps originally published on TechCrunch
GitHub, the popular developer platform, has laid off virtually its entire engineering team in India in an unusual move as the Microsoft-owned firm cuts its expenses amid the weakening global market conditions. The developer firm has eliminated over 100 jobs in the South Asian market, a person familiar with the matter said. GitHub informed the […]
GitHub slashes engineering team in India by Manish Singh originally published on TechCrunch
This is a new chapter of Elon Musk and his strange Twitter decisions. This time, the social network’s CEO has declared that Twitter will only show verified accounts on the algorithmic “For You” timeline starting April 15. In a tweet, Musk justified the move by saying this is the “only realistic way to address advanced […]
Elon Musk says Twitter will only show verified accounts on its algorithmic timeline by Ivan Mehta originally published on TechCrunch
Early-stage investments inherently have a higher risk of failing, but these risks also come with potentially higher rewards — getting in at the ground floor of a startup’s journey gives VCs more negotiation clout. This is particularly true at the very early pre-seed stage, where companies might barely have a functioning product to shout about. […]
‘High conviction, low volume’: Playfair launches $70M pre-seed fund for European startups by Paul Sawers originally published on TechCrunch
Walt Disney Co. has eliminated its metaverse division as part of staff cuts that promise to reduce head count by around 7,000 across the company over the next two months, reports The Wall Street Journal. CEO Bob Iger said Monday that those layoffs would begin this week. Disney’s next-generation storytelling and consumer experiences unit, the […]
Disney cuts metaverse division as part of broader restructuring by Rebecca Bellan originally published on TechCrunch