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Press Release: Trace Finance Announces $4.3 Million Seed Investment to Disrupt Global Banking for Latin American Startups
Trace Finance, a Brazilian fintech startup that enables faster and more streamlined cross-border banking for startups, has announced a $4.3 million seed funding round.
- Region
- Latin America
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Andalin Nets US $4 Million to Foray into Trade Financing, Cargo Insurance, SaaS Freight Management
Indonesian digital freight forwarder Andalin has said it secured US$4 million financing in a round led by Intudo Ventures.
- Categories
- Technology
- Region
- South Asia
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Thai Lender Siam Commercial Bank Invests $100 Million in Indonesia’s Akulaku
Thailand's Siam Commercial Bank Pcl announced a $100 million investment in Indonesian fintech startup Akulaku, as part the bank's expansion overseas and into technology.
- Categories
- Finance, Investing, Technology
- Region
- South Asia
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Nigerian Healthtech Startup Reliance Health Raises $40 Million Led by General Atlantic
The pandemic has accelerated the use of telemedicine, virtual care and drug delivery, thus fuelling investor interest in the sector.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
- Tags
- startups
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Indonesia-Based Agritech Startup Semaai Raises $1.25 Million in Pre-Seed Round Led by Sequoia Surge, Beenext
While Semaai primarily operates in Central Java, Indonesia, a large part of the funding will be channelled into expanding the startup’s engineering and product teams in India.
- Categories
- Agriculture, Technology
- Region
- Asia Pacific
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Innovations in E-Mobility: An Electric Vehicle Startup Seeks to Gain Traction in Mexico
Mexico City is the fifth most populated city in the world – and the most congested city in North America. Over the years, traffic and pollution levels have spurred government efforts to improve mobility in the city. But momentum is also building in the private sector, as illustrated by the startup Zacua, Mexico's first electric vehicle brand. Diana Páez at the William Davidson Institute spoke with Nazareth Black, Zacua’s CEO and a prominent e-Mobility advocate, to learn more about the company’s efforts to accelerate the adoption of e-Mobility solutions in the country.
- Categories
- Energy, Technology, Transportation
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Google Announces New Initiatives to Boost Small Business Recovery
Google has committed support for startups, nonprofits and small, medium-sized and microenterprises (SMMEs) in South Africa to accelerate digital transformation and contribute to the country’s economic recovery.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- nonprofits, startups
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Nigeria’s Reliance Health Raises $40 Million Series B funding Round
Nigerian e-health startup Reliance Health has announced the completion of a US$40 million Series B funding round to help it expand in emerging markets around the world and add to its product suite.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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