Startups Weekly: Uber’s headline-grabbing week and sextech at SXSW

In this week’s newsletter: The college admissions scandal engulfs TPG, Accel raises $2.5B for three funds and investing app Stash brings in $65M.

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Africa Roundup: Paga goes global and 4 startups raise $99M in VC

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Polestar unveils first production EV with aim to overtake Tesla Liquid Telecom goes long on Africa’s startups as future clients Nigerian digital payments startup Paga is gearing up for international expansion […]

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Offering a white-labeled lending service in emerging markets, Mines raises $13 million

Emerging markets credit startup Mines.io has closed a $13 million Series A round led by The Rise Fund, the global impact fund formed by private equity giant TPG, and 10 others, including Velocity Capital.

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Breaking down France’s new $76M Africa startup fund

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Africa Roundup: African startup investments turn to fintech this winter season Nigeria’s Piggybank.ng raises $1.1M, announces group investment product Weeks after French President Emmanuel Macron unveiled a $76M African startup […]

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Africa Roundup: Partech Ventures launches $70M fund, TPG Growth acquires TRACE, Rensource raises $3.5M

 Last month we characterized 2017 as the year Sub-Saharan Africa’s startup scene found its stride. Twenty-eighteen looks to be the year of numerous VC investments. TPG acquires TRACE January got the funding party started. U.S. based private equity firm TPG Growth acquired a majority stake (of an undisclosed value) in entertainment company TRACE. TRACE is a global multimedia giant… Read More

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A look back at the year that the Sub-Saharan African startup scene found its stride

 African tech in 2017 was about the normalization of market events mostly absent even a decade ago. There were acquisitions, multiple investment rounds, lots of expansion, big strategic partnerships, and some surprise failures. Africa is fast becoming home to a dynamic tech sector. Here’s a snapshot of the news that shaped that transition over the last year. Investment Andela’s… Read More

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