Headlines.
News.
San Francisco, London among most developed venture capital cities in the world, report
Published: 23-04-2024 | 17:25:53 | By: Bob Koigi
This dashboard leverages PitchBook data and PitchBook Institutional Research Group methodology to provide a consistently updated ranking system for the size, maturity, and growth rates of the VC ecosystem in leading cities around the world.


Global co-working spaces market to reach $48.1 billion by 2030, study
Published: 23-04-2024 | 17:23:55 | By: Bob Koigi
The global market for coworking spaces is experiencing rapid growth, driven by the evolving dynamics of today's workforce, technological advancements, and shifts toward more agile work cultures.


Singapore-based startup Ailytics raises $2.7 million to power next generation scenario-based AI monitoring for heavy industries
Published: 23-04-2024 | 17:12:49 | By: Bob Koigi
The startup's proprietary solution taps on existing cameras to provide real-time actionable insights of unsafe acts, productivity metrics, and security breaches.


Crosslink launches tenth flagship venture fund with $350 million
Published: 23-04-2024 | 16:51:53 | By: Bob Koigi
Crosslink remains dedicated to investing in early-stage founders from inception, which includes pre-seed and seed, through Series A, and supporting them at every stage of their growth.


Engineering firm Sandvik acquires majority stake in China-based Suzhou Ahno
Published: 23-04-2024 | 16:41:00 | By: Bob Koigi
The company will be reported within the business area segment Sandvik Machining Solutions.


IFC invests $10.5 million in new 4DX Ventures Fund to support tech startups in Africa
Published: 19-04-2024 | 17:15:53 | By: Bob Koigi
Africa is among the regions least served by venture capital, receiving just 2% of global venture deal volume in the third quarter of 2023.


Aramco expands global venture capital programme with $4 billion funds injection
Published: 19-04-2024 | 17:13:42 | By: Bob Koigi
It will take Aramco's overall venture capital allocation to $7.5bn, which also includes the $500 million venture capital fund Wa'ed Ventures that focuses on the start-up ecosystem in the Kingdom of Saudi Arabia.


Channel 4 launches initiative targeting entrepreneurs who are overlooked by venture capitalists
Published: 19-04-2024 | 17:09:37 | By: Bob Koigi
Channel 4 is launching Untapped, a ground-breaking commercial initiative to invest in entrepreneurs who have traditionally been overlooked by the VC ecosystem.


HAVAƍC leads a R12 million investment in South African startup RNR
Published: 19-04-2024 | 17:07:51 | By: Bob Koigi
South African-born RNR provides truck fleet managers and truck OEMs (Original Equipment Manufacturers) with on-demand breakdown support.


Orange launches Social Venture Prize in Africa and the Middle East to encourage entrepreneurship
Published: 19-04-2024 | 17:05:11 | By: Bob Koigi
Since 2011, the OSVP prize has been rewarding innovative start-up projects that use and develop new technologies to make a positive impact in Africa and the Middle East