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How Adia Sowho helped steer Thrive Agric through the pandemic crisis

5 years 2 months ago
Nigeria’s less than two-decade-old ecosystem is evolving fast. But behind the funding and legitimate hype, there’s without a doubt plenty of learning that needs to be done in running a startup. In retrospect, founders in Nigeria do tremendous work when you consider the kind of harsh market they operate in. They are deserving of all […]

Twitter locks account of India’s largest opposition party

5 years 2 months ago
Twitter has locked the account of Indian National Congress, the South Asian nation’s largest opposition party, for violating its rules. The Indian National Congress wrote about the Twitter episode on Facebook Thursday. “When our leaders were put in jails, we were not scared then why would we be afraid of closing our Twitter accounts now. […]

India’s Eruditus valued at $3.2 billion in $650 million fundraise

5 years 2 months ago
Mumbai-based Eruditus, which works with top universities globally to offer more than 100 executive-level courses to students in over 80 nations, said on Thursday it has raised $650 million in a new financing round led by Accel and SoftBank Vision Fund 2. The new financing round — which includes both primary and secondary transactions — […]

AppWorks closes third fund with $150M for Taiwan and Southeast Asia startups

5 years 2 months ago
AppWorks, the Taipei-based venture capital firm focused on Taiwan and Southeast Asia, announced today it has closed its oversubscribed third fund, raising $150 million. AppWorks Fund III’s limited partners include Taiwan Mobile, Axiom Asia Private Capital, Fubon Life, TransGlobe Life, Hongtai Group, Wistron, Cathay Life, Phison Electronics and Taiwan’s National Development Fund. Many of these […]

Mushroom-based meat alternative startup Fable Food raises $6.5M AUD, will launch in the US

5 years 2 months ago
Sydney, Australia-based Fable Food is the latest plant-based food startup to announce funding. The company, which uses mushrooms in its meat alternatives, has raised $6.5 million AUD (about $4.8 million USD) in a seed round led by Blackbird Ventures, the Australian venture capital firm whose portfolio also includes Canva, Culture Amp and SafetyCulture. Other participants […]

Desktop Metal is acquiring industrial 3D printing company ExOne

5 years 2 months ago
As part of its earnings call this week, Desktop Metal announced plans to acquire ExOne. The Pennsylvania-based firm creates a variety of different industrial 3D printers for industries like aerospace, automotive, medical and defense. More recently, we wrote about the company’s portable 3D printing factories, which are effectively mobile additive manufacturing stations built inside of […]

Archer Aviation is seeking $1B in damages from Wisk Aero as legal dispute escalates

5 years 2 months ago
Archer Aviation is seeking $1 billion in damages from Wisk Aero, according to court filings Tuesday, significantly escalating the ongoing legal battle between the two air taxi rivals. Wisk “deployed a knowingly false extra-judicial smear campaign that projected stand-alone defamatory statements about Archer to the world,” the filing says. On this basis, Archer claims that […]

Ford F-150 hybrid: The 2021 rumble before the Lightning EV strikes

5 years 2 months ago
Full-size pickup trucks are the meat of the U.S. automotive business; it’s a red-hot category with the Ford F-150 leading the pack in sales and the Chevrolet Silverado and Ram pickups fast followers. But the air is thin at the top. What’s often lost in truck coverage is how fiercely automakers compete to woo discerning […]
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