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Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets

TechCrunch

Africans and people in emerging markets missed out on the first set of opportunities that technological advancements brought to the world. Computers, the internet, fintech, artificial intelligence, any tech you can name ( except mobile tech) people in these regions have always had to play catch up. million pre-seed to that end.

Marketing 245
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Indonesian social commerce app KitaBeli gets $10M led by Go Ventures

TechCrunch

Indonesian social commerce app KitaBeli’s team, including founders Prateek Chaturvedi (seated, right front row and Ivana Medea Tjandra (center front row). Its new funding will be used to expand KitaBeli’s operations in Java, growing its logistics network and developing its mobile app.

Social 201
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Nigeria’s IROKO plans to go public on the London Stock Exchange AIM in 2022

TechCrunch

IROKO , a Nigerian-based media company, could file to go public in the next 12 months on the London Stock Exchange (LSE) Alternative Investment Market. But amid pandemic-induced lockdown fears, consumer discretionary spending reduced in Nigeria and other African markets. Africa can list more gazelles at home than unicorn IPOs abroad.

Film 346
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What is digital transformation? A necessary disruption

CIO

Digital transformation defined Digital transformation has become a catchall term for describing the implementation of digital technologies to re-engineer existing processes or develop new services that better engage customers, support employees, improve business operations, and drive business value to the organization’s bottom line.

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Flink, the Berlin-based instant grocery startup, is now valued at $2.85B after raising $750M in a round led by DoorDash

TechCrunch

Instant grocery delivery continues to be a very frothy market, but today comes news of a major funding round for one player in it that investors believe will still be standing after the hype has died down. billion ($2.85 billion post-money). TechCrunch has confirmed the above details with executives across the companies.).

Retail 256
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Ultrahuman busts out a smart ring to decode metabolic health

TechCrunch

The clean, chunky look of the ring band (which comes in a shiny metal titanium or black finish) is also more likely to fit in with fashion-conscious consumers than rocking a ‘Cyborg’ arm patch. . The team also judged that a ring stands a better chance of being worn more consistently and continuously than other types of wearables.

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A year on from Russia’s invasion, Ukrainian startups show astounding resilience

TechCrunch

While some Ukrainian start-ups have relocated, the vast majority have kept at least a part of their operations or team in Ukraine. As the war began, the company relocated the team of 70 to safer regions in western Ukraine and EU. Markets: 39 new countries (169 in total). It has now moved to Poland and set up the office there.