Accelerators & Incubators
Policy & Regulation
Microsoft to sell AnyVision stake
Although no evidence was found that AnyVision's facial recognition technology is used for mass surveillance in the West Bank, Microsoft will divest from the Israeli startup.
Google Commits $800 Mn Covid-19 Fund To Support SMBs, Healthcare
The tech giant is offering $340 Mn as Google Ads credits to SMBs
SecureMisr acquired by Cysiv, a Trend Micro Group Company
SecureMisr is a leading cyber security services provider, based in Cairo, Egypt and serving clients across the Middle East and Africa.
H&F to Acquire Cybersecurity Startup Checkmarx According to $1.15 Billion Valuation
The American private equity firm is buying Checkmarx from current owner Insight Partners, which acquired it in 2015 for $100 million.
Blackstone in talks to take developer SOHO China private in $4b deal
The price represents an almost 100% premium to the HK$3.03 average price of SOHO China’s shares in January.
Nigerian Fintech Paga Follows Up Acquisition Of Ethiopia’s Apposit With Visa Partnership
Founded in 2009, Paga has created a multi-channel network to transfer money, pay bills, and buy things digitally.
Google scrubs coronavirus misinformation on search, YouTube
Since Covid-19 began to spread, Google has aggressively intervened in some of its most popular online services to limit the spread of misinformation.
Quona Capital closes US$203M round to focus on fintech companies in emerging markets
Quona Capital targets fintech companies in Asia.
HUNGRY Raises $19.7M in Series B Funding to Fuel Expansion into 23 Cities
Led by Walter Robb and Evolution VC Partners, the latest investment round will drive HUNGRY’s mission to provide extraordinary, ultra-reliable and cost-efficient business and event catering.
by Jade Quatro
Abu Dhabi’s Mubadala co-leads $2.25 billion investment in self-driving car company Waymo
It is the first-ever external investment round by Waymo that had started in 2009 as Google’s self-driving car project.
Netflix Continues African Affair By Setting Up Shop In Nigeria Where It Will Invest In More Originals
Barely 24 hours after setting up an official Twitter account and announcing its presence in Nigeria with a picture that featured some of the A-Listers in the Nigerian film industry.
Deere & Co.
World’s Leading Farm Equipment Maker & Nigerian Agtech Firm Using Uber-Like Tech To Enable ‘Tractor-Hailing’ In Africa
The company also revealed plans to roll out the devices across Africa in the second half of this year, offering it to all contractors who buy its equipment on the continent.
Cyber Insurance Startup At-Bay Raises $34 Million
At-Bay analyzes the digital systems of its clients to determine their level of exposure to cyberattacks.
Unnamed U.S. Company Buys Biomed Company Exalenz Bioscience for $49.4 Million
Exalenz first announced it was seeking a buyer in October.
Financing for social impact and climate businesses gets a billion dollar boost with new KKR fund
KKR, the multi-billion dollar, multi-strategy investment firm, has closed on over $1.3 billion for companies focused on social and environmental challenges.
Tencent, Dragoneer to invest $250m in London’s fashion marketplace Farfetch
The investment “elevates the ongoing relationship” between Tencent and Farfetch.
New Energy Vehicle
Tesla inks deal with CATL to drive growth
US electric carmaker Tesla announced a partnership with CATL, China's largest power battery producer, on Thursday, prompting insiders to call the deal a win-win situation.
SoftBank-backed Oyo lays off over 350 people in the US
In the last week of January, Oyo laid off around 360 US employees in a bid to take a more balanced approach to growth
New Energy Vehicle
Amazon To Adopt 10K Electric Vehicles Made By Indian OEMs
The electric rickshaws will operate in Bengaluru, Delhi NCR, Hyderabad and other cities by 2025.
US-based IoT startup Roambee receives Series B1 investment from Indonesia’s TMI, MDI Ventures
The VC capital arm of Indonesian network provider Telkomsel collaborates with fellow CVC MDI Ventures in investing out of its US$40 million-joint fund with Singtel Innov8.
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