One of Africa’s most active investors, known for early bets on unicorns like Flutterwave, Andela, and Wave, has secured fresh capital to invest in startups across the continent. This comes as funding deals and volumes in Africa saw only a slight dip last year, according to a report by VC firm Partech. LoftyInc Capital, which […]
Foundation Capital has come a long way since it was forced to scale down its fund size from $750 million in 2008 to $282 million (its sixth main fund) in 2013. On Tuesday, the 30-year-old firm announced that it raised a $600 million eleventh flagship fund, which is 20% larger than the predecessor $500 million
Foundation Capital, an early backer of Solana and Cerebras, raises $600M fund Read More »
On the weekend, as most students were stumbling back from the bars, Songyee Yoon was rushing across her South Korean campus. Around dinner time, she would run some programs on her college’s supercomputer and then, as the computer chugged through her program, she’d wait sleepless in her dorm. “I woke up at like 2 am,
Plenty of founders have a difficult decision to make early in their journey: where to set up shop. For deep tech founders, the decision is complicated by the fact that they typically need more from their space. Some might need lab benches, others might require massive amounts of electricity, and still others might need room
How to choose a deep tech startup program Read More »
