Keywords: Venture capital
Chinese artificial intelligence company DeepSeek is reportedly in discussions with investors to raise at least $300 million, with a potential valuation reaching $10 billion, according to a recent media report citing sources familiar with the matter. The startup, which focuses on developing advanced......
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......
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