VC funding

SYKY Raises $9.5M to Fund Digital Fashion ‘Renaissance’
SYKY Raises $9.5M to Fund Digital Fashion ‘Renaissance’
January 17, 2023  |  Retail

Fashion brand SYKY has raised $9.5 million for its bid to build a blockchain-based luxury platform. “Fashion is on the verge of a renaissance, powered by technology and...

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Cake Ventures Launches $17M Fund Focused on Demographic Change
Cake Ventures Launches $17M Fund Focused on Demographic Change
January 13, 2023  |  Investments

Cake Ventures has announced a $17 million seed and pre-seed fund focused on demographic change. The venture capital firm aims to invest in founders building companies...

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How Did Saudi Arabia and Kenya Dodge VC Funding Slowdown?
How Did Saudi Arabia and Kenya Dodge VC Funding Slowdown?
December 23, 2022  |  Investments

After reaching new heights in 2021, VC funding in EMEA slowed sharply in 2022. While final full-year tallies are not settled yet, data from the...

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$2.5M in Funding Raised by Nigerian Online Furniture Seller Taeillo
$2.5M in Funding Raised by Nigerian Online Furniture Seller Taeillo
December 21, 2022  |  B2B Payments

Nigerian online furniture store Taeillo now has $2.5 million in funding raised to ramp up production. The Lagos-based investment company Aruwa Capital Management, a female-founded...

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FTX Crypto Investments Reflect Disarray at Failed Exchange
FTX Crypto Investments Reflect Disarray at Failed Exchange
December 20, 2022  |  Cryptocurrency

In contrast to the rest of the imploded FTX crypto group’s black box financials, venture capital (VC) investments of Sam Bankman-Fried (SBF) and his sister...

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EU Tech Sector Sees $400B in Market Cap Wiped Out
EU Tech Sector Sees $400B in Market Cap Wiped Out
December 07, 2022  |  Investments

Europe’s tech sector saw $400 billion in value erased this year. That’s according to a new report by the London-based venture capital (VC) firm Atomico,...

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Norwegian Online Grocery Store Oda Raises $150M for Expansion
Norwegian Online Grocery Store Oda Raises $150M for Expansion
December 06, 2022  |  eCommerce

Norwegian online grocery store Oda has raised 1.5 billion Norwegian krone (about $150 million).  The firm said the capital came from both new and existing investors and...

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Virtual Bagel Brand Offers Consumers  ‘Inexpensive Luxury’ amid Inflation
Virtual Bagel Brand Offers Consumers ‘Inexpensive Luxury’ amid Inflation
December 05, 2022  |  Merchant Innovation

As consumers reevaluate their spending, direct-to-consumer (D2C) food brands have had luck selling affordable indulgences. For example, PopupBagels, a virtual brand launched during the pandemic as...

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French Location Analytics Firm Mytraffic Nets $30M for Expansion
French Location Analytics Firm Mytraffic Nets $30M for Expansion
November 08, 2022  |  Data

French location analytics company Mytraffic has raised 30 million euros ($30.1 million) in a Series B funding round. According to published reports Tuesday (Nov. 8),...

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