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Blossom Capital lures Alex Lim from Silicon Valley to join the European tech boom
Alex Lim, a British-born VC based in the Bay Area who invested in Hopin, UiPath, Discord, and many other unicorns has decided to up sticks and leave Sand Hill Road behind for Blossom Capital in London. Blossom is fast making a name for itself both in Europe and...
Indian automobile marketplace Droom valued at $1.2 billion in $200 million pre-IPO funding
An online marketplace for automobiles has become the latest Indian startup to attain the coveted unicorn status. Gurgaon-headquartered Droom said on Wednesday it has raised $200 million in what it described as a pre-IPO growth funding round. The new investment valued...
Ivorian fintech Julaya raises $2M to digitize business payments in Francophone Africa
There are over 1 billion mobile money accounts globally. Africa leads the way in transaction value and volume thanks to M-Pesa, largely used in East Africa. Other regions across the continent are also growing fast. In 2019, West Africa reported the most live mobile...
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Shikho, an edtech startup focused on Bangladesh’s students, gets $1.3M seed
In Bangladesh, students often rely on after school learning centers for study help or test preparation, but many of the best ones are concentrated in major cities. Edtech startup Shikho was created to make supplementary education more accessible and affordable. The company announced today it has closed a $1.3 million seed round co-led by returning […]
Greywing launches Crew Change to help shipping companies navigate COVID-19 regulations
For fleet managers, managing shipping crew changes across different countries is an elaborate process even in the best of times—and now is definitely not the best of times. Greywing, a Y Combinator-backed platform for automating maritime operations, launched a new solution today that it describes as an industry-first. Called Crew Change, it is used to […]
Activision Blizzard workers will stage a walkout after ‘abhorrent’ response to harassment suit
One of the world’s biggest video game companies is reeling after a state discrimination and sexual harassment suit kicked off a firestorm of controversy within the company. California’s Department of Fair Employment and Housing sued Activision Blizzard last week, alleging that the company fostered a “breeding ground for harassment and discrimination against women.” Following a […]
Microsoft bests earnings estimates as Azure posts 51% growth; shares fall
Microsoft shares fell after the news, perhaps due to its results missing so-called whisper numbers; that it has traded at or near all-time highs recently puts the 3% after-hours drop into context.
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