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Press Release: Bessemer Venture Partners Raises $220 Million to Back Founders in India
Bessemer Venture Partners announced the close of a dedicated $220 million fund in India to build on its long-standing success in the country and back the next generation of innovators in India.
- Categories
- Investing
- Region
- Asia Pacific
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Silicon Valley Law Firm Sees Surge in Africa Startup Fundraising
The Palo Alto, California-based firm helped Chipper Cash, an African cross-border payments company backed by Jeff Bezos, raise an additional $150 million in a Series C this month.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Solutions to the Care Crisis: How Social Enterprises and Impact Investing Can Transform the Care Economy
The care economy – i.e., paid and unpaid care provided to children, the elderly, and those with illnesses or disabilities – is central to our society’s well-being and to the broader economy. But according to analysts at IDRC, E. T. Jackson and Associates Ltd., and the Soros Economic Development Fund, COVID-19 has worsened the challenges facing these primarily female workers. They explore some innovative market-based solutions to these issues, and discuss how impact investors and other stakeholders can better support care workers, particularly in the Global South.
- Categories
- Investing, Social Enterprise, Transportation
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Grindstone Ventures Launches $6.5 Million VC Fund for South Africa Tech SME Development
Grindstone Ventures has launched a $6.5 million fund dedicated to seed funding predominantly South African innovative technology startups who have completed, or are part of, its Grindstone Accelerator programme.
- Categories
- Investing
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Africa’s First Climate Credit Facility for Agriculture Launches in Kenya
Africa’s first climate adaptation credit facility for agriculture, ADAPTA, has launched with USD 1.5 million in funding from the Bill & Melinda Gates Foundation for Phase I in Kenya.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
- Tags
- climate change, innovation
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Pismo Raises $108 Million Series B Led by Softbank, Amazon and Accel To Enable Cloud-native Financial Services Globally
Pismo, the cloud-native core banking and payments platform, announced the signing of a $108 million Series B fundraising round.
- Categories
- Finance
- Region
- Global
- Tags
- data, fintech, infrastructure, innovation
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Press Release: Investment and Asset Management Platform Odyssey Acquires Ferntech
Odyssey Energy Solutions has acquired the German remote monitoring and control technology company, Ferntech.
- Categories
- Energy
- Region
- Global
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Mastercard Launches Strive: a Global Small Business Initiative to Accelerate Economic Recovery
This program builds on lessons learned and a body of work developed as part of Mastercard’s long-term focus on financial inclusion”
- Categories
- Coronavirus, Finance
- Region
- Global
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