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How fintech and serial founders drove African pre-seed investing to new heights in 2020

TechCrunch

At the time, seven-figure seed investments in African startups were a rarity. These investments are usually made by third-party investors (friends and family), and range between $25,000-$150,000. Her firm, TLcom, led the $1 million pre-seed investment in Okra. Okra is an API fintech startup.

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Smoothing API Onboarding With Simulation and Documentation

DevOps.com

“Soon we’ll be making another run…And love, exciting and new, Come aboard, we’re expecting you…”– Theme from The Love Boat, American television program, circa 1977 If software is eating the world, then APIs are eating software. Investment in the API economy is increasing.

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HyperTrack, which provides last-mile routing software, raises $25M

TechCrunch

In a sign that the market for logistics and transportation tech isn’t cooling (economic downturn be damned), HyperTrack , a startup offering APIs for freight order planning, assignment and tracking, today closed a $25 million Series A funding round. Our APIs deliver a better solution, support and price predictability than hyperscalers.”

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Andreessen Horowitz could make the carbon offset API Patch its latest climate bet

TechCrunch

The early-stage carbon offset API developer Patch could be another one of Andreessen Horowitz’s early bets on climate tech. Such an investment would be a win for Patch, which could benefit from Andreessen Horowitz’s marketing muscle in a space that’s becoming increasingly crowded.

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The Case For an API-First SCM

DevOps.com

Somewhere around a decade ago, about the time DevOps really started to manifest, we began seeing technology companies—including some of the largest ones today—investing heavily in their APIs. API-first companies managed to rapidly gain widespread adoption because of the benefits of being API-driven.

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Index Tracks Impressive Growth of API-First Startups

DevOps.com

APIs are the building blocks of modern software, and their use continues to grow around the globe. A full 89% of investment into APIs will increase or stay the same over the next 12 months, Postman’s 2022 State of the API report found.

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Daily Crunch: Pentagon locks down unsecured email server that exposed sensitive military data

TechCrunch

Manish writes that this investment marks the largest check Amazon’s Smbhav Venture Fund has written thus far. Paid marketing is a core tactic for early-stage startups, but this downturn is a good time for founders to reexamine customer acquisition strategies, says Brian Rothenberg, an investment partner at early-stage VC fund Defy.