Lumos Labs raises $1.1 million
Indian startup Lumos Labs has announced the launch of a metaverse platform for developers to learn, earn, and explore opportunities ...
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Tag: Business News
ShEquity gets a $1.2 million grant from USAID Trade Hub
ShEquity has secured a $1.2 million co-investment from the USAID Trade Hub to invest in and support over 100 high-potential ...
Twitter has agreed to pay $150 million in fines after being accused of violating users’ privacy for advertising purposes
Following allegations of privacy abuses by the US authorities, Twitter has agreed to pay millions in fines. US authorities penalized ...
The Nigerian government has given Elon Musk’s Starlink the approval to begin offering internet service in Nigeria
Starlink, a satellite internet network operated by SpaceX, has been granted a license by the Nigerian Communications Commission (NCC). Elon ...
AfricInvest has brought its Midcap-focused Fund Raising to a successful close, having raised over $400 million
The final close of AfricInvest Fund IV (AF IV) with total commitments of US$411 million has been announced by AfricInvest, ...
Victory Farms, a Kenyan aquaculture startup, has received $5 million in funding to expand its operations
Victory Farms, a tilapia fish farm and aquaculture firm in Kenya, has raised $5 million in new capital. Ed Brakeman, ...
Untapped Global has secured a pre-seed funding round of $10.3 million in debt and equity
Untapped Global has received a pre-seed round of US$10.3 million in debt and equity to help develop its smart asset ...
Samsung plans to invest $356 billion to generate 80,000 new job opportunities
Samsung, the South Korean conglomerate, has announced a five-year plan to invest more than $350 billion in its businesses and create ...
FoondaMate, a South African ed-tech startup, has raised $2 million in seed funding
FoondaMate, a South African ed-tech startup, has secured US$2 million in seed funding in order to use its AI-powered learning ...
JABU, a last-mile distribution e-commerce retail platform in Namibia, has raised $15 million in a Series A round of funding
JABU, a Namibia-based B2B e-commerce company, has raised $15 million in a Series A round led by Tiger Global. Other ...
Esaal, an Egyptian healthtech startup, has received $1.7 million in seed funding
Esaal, a healthtech startup based in Egypt, has successfully completed the Seed funding round, which was led by A15 and ...
Colombian Online Supermarket Merqueo Receives US$22M
Merqueo, a digital supermarket that operates in Colombia, Mexico, and recently Brazil, received a US$22 million financing package from IDB ...
The Big 5
