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Edinburgh-based Par Equity launches £100m fund to scale high-growth tech companies
Edinburgh-based venture capital firm Par Equity, has announced the launch of its new venture fund - Par Equity Ventures I LP.
HeartX Accelerator announces five startups selected for the 2023 program
HeartX, powered by HealthTech Arkansas and MedAxiom along with eleven leading cardiology practices in Arkansas and around the country, has selected the five healthcare startups that will participate in the 2023 accelerator program.
EIF and Swedish fintech Invoier boost European SMEs with €58m financing
The European Investment Fund (EIF) and Swedish fintech company Invoier have signed a guarantee agreement worth up to €58 million to provide small and medium firms (SMEs) and other companies with better access to funding.
Kuramo Capital to invest $150m in women-led startups in Africa
Kuramo Capital Management, an investment management firm with a focus on Sub-Saharan Africa (SSA), has announced plans to invest $150 million in female-led enterprises over the next 10 years.
Trind invests in Spanish startup Webel to expand services marketplace
Webel, the app that brings any service to your doorstep, has raised €2.1 million led by Trind Ventures, primarily for expansion purposes.
Sony launches Sony Innovation Fund Africa
Sony Group Corporation (Sony), has established "Sony Innovation Fund: Africa" to support the growth of the entertainment businesses in Africa.
[Marketing Week] Bob Koigi: Brands set sights on expanded customer base with innovative ad campaigns
As competition to reach a targeted and increasingly urbane customer base reaches new heights, brands are increasing their ad spend by investing in new and innovative campaigns.
E-commerce tech platform MarketLeap secures €2.6m to expand brands’ global reach and revenue
Luxembourg’s MarketLeap, formerly Gonuggets, has secured an additional €1.5 million in seed funding, taking its total funding to €2.6 million.
Lottie raises £16.35m to confront the social care crisis, elevate the standard of later living
London-based Lottie has raised £16.35 million Series A funding round led by Accel, with participation from previous investor General Catalyst.
Vistry unveils conversational AI platform LumoChat for food commerce
Vistry, a San Diego-based startup leading the way in Generative AI and restaurant automation, has announced the launch of its Conversational AI platform, along with its AI Customer Assistant chatbot.
Startup Wise Guys and EBRD launch Growth Ukraine programme
Startup Wise Guys, a long-standing startup accelerator in Europe, announced the launch of Growth Ukraine programme to empower private sector innovative companies and entrepreneurs who are active in Ukraine.
Plug and Play Alberta announces 73 startups for Fall cohort accelerator programs
Plug and Play Alberta has announced 73 startups for the Fall cohort of its industry-specific Digital Health, Sustainability, Food & Beverage, and Sector Agnostic startup accelerator programs.
London-based startup Unitary raises $15m for AI-driven content moderation
London-based startup Unitary has raised $15m in a Series A round led by Creandum with participation from Paladin Capital Group and Plural to scale its AI video classification technology.
Magnitude Digital launches grant program to offer growth marketing services to startups
Magnitude Digital, a full-service digital marketing agency, is launching the Magnitude Digital Startup Grant, an application-based program offered to all growth and late stage emerging businesses.
Unitus Ventures, Capria Ventures join forces to create a Global South VC powerhouse
Unitus Ventures, a venture capital firm in India that supports early-stage tech startups focused on India’s rising middle class, announced it is joining forces with its US affiliate Capria Ventures.
IFC invests in e-Commerce platform ANKA to support Africa’s creative Artisans
IFC has announced a $3.4 million equity investment in African e-Commerce platform ANKA to support the growth of small and women-led artisanal businesses, strengthening Africa's creative industries and its growing online retail sector.
Unlocking the future of drug discovery with AI, BBC Research
BCC's newly released report, titled "Global Artificial Intelligence in Drug Discovery Market," unveils the extraordinary impact of Artificial Intelligence (AI) on the pharmaceutical and biotech sectors.
Google for Startups Growth Academy: AI for Health unveils the 2023 cohort
The Google for Startups Growth Academy: AI for Health has unveiled its 2023 cohort, spotlighting 30 transformative startups from across Europe, Middle East, and Africa.
Techstars invests in ILUMA AI, the AI copilot for C-levels and team leads
Techstars, a pre-seed and early stage venture capital firm, with over 8,000 founders, 54 programs in 14 countries, and more than 300 corporate partners, has announced its investment in ILUMA AI.
Kenyan fintech startup Lipa Later closes Sh500 million privately placed debt issuance for expansion
According to the company, the journey to empower Kenyan consumers with convenient and accessible financing options has been met with enthusiasm from customers and the private capital markets.
AI will create more jobs than it replaces, report
Amid rapid digital transformation across the workforce, nearly two-thirds of business leaders believe AI will spur the creation of new jobs, and 69% believe their organizations will require different skills in order to stay competitive over the next decade.
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