Keywords: Venture Capital
Private equity firm TPG has announced a $100 million investment in Zum, a U.S.-based company focused on modernizing student transportation. The deal places Zum’s valuation at approximately $1.7 billion, reflecting strong growth and increasing investor confidence in the sector. The investment is......
Morocco’s minister for digital transition, Amal Fellah Seghrouchni, outlined a national strategy to accelerate the country’s digital transformation ahead of GITEX Africa 2026 in Marrakech. The plan aims to strengthen Morocco’s role as a leading technology hub in Africa and expand its......
The European Investment Fund has unveiled a 15 billion euro fund of funds, the largest of its kind in Europe, as part of a sweeping initiative to address the continent's persistent shortage of late-stage venture capital. The vehicle, named ETCI 2, will back around 100 growth-stage funds and aims......
San Francisco-based investment firm Dragoneer has successfully raised $4.3 billion for its seventh venture capital fund, exceeding its target within just a few months. The milestone comes at a time when global venture fundraising remains sluggish, underscoring the firm’s appeal among investors......
The LegalTech Fund, a Fort Lauderdale-based venture capital firm solely dedicated to legal technology, has successfully closed its second fund at $110 million, nearly quadrupling the size of its initial $28.5 million fund. This significant milestone......
The Togolese startup Gozem has raised $30 million in a strategic funding round led by Al Mada Ventures, in collaboration with MSC Mediterranean Shipping Company. This investment brings Gozem’s total financing to $45 million since its inception in 2018, marking a significant step in the company’s......
A decade after hosting the Global Entrepreneurship Summit in Marrakech, Morocco’s entrepreneurial ecosystem has made strides in funding and support. Yet, the anticipated surge of high-growth startups capable of reshaping the national economy remains elusive. In 2014, the summit marked a pivotal......
A significant cross-border investment has emerged in North Africa's startup ecosystem as Egyptian-based Beltone Venture Capital invests in Moroccan eyewear company LNKO. The investment, while undisclosed, will fuel LNKO's expansion across Africa. LNKO, established in 2020 by Maha Bennani, has......
In the rapidly evolving landscape of Africa's startup ecosystem, a crucial issue demands attention: the glaring underrepresentation of women entrepreneurs and the lack of investment in their ventures. As the continent's entrepreneurial spirit soars, addressing this disparity could unlock unprecedented......
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