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Data-driven iteration helped China’s Genki Forest become a $6B beverage giant in 5 years

TechCrunch

It was just a matter of time until an intrepid Chinese entrepreneur with a tech background decided to take on Coca-Cola and PepsiCo. China is also home to one of the world’s largest e-commerce and tech ecosystems. The tech revolution hasn’t yet affected the bottled beverage industry quite as much as it has others.

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Google expands program to help train the formerly incarcerated

TechCrunch

million in grants to assist state governments in reducing barriers to employment with Code for America’s Clear My Record tool, which uses an open source algorithm to review records and produce clearance motions. “Given Google’s technological expertise, one of our focus areas is helping people learn digital skills,” she said.

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New report examines Africa’s growth in the digital economy and VC investment landscape

TechCrunch

A new report from Endeavor Nigeria reveals that Africa’s digital economy and tech ecosystem is set to experience exponential growth periods. It highlights important events in the continent’s tech ecosystem until this point, compares its journey with other emerging markets and provides guidance into the opportunities within various sectors.

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Tiger Global is earning its stripes in Africa

TechCrunch

In the aughts, Tiger Global participated in just 30 deals, according to The Generalist , a newsletter on topics around tech and crypto. However, Tiger Global limited its activity in Africa from 2009 to 2014. Tiger Global’s earliest portfolio investments on the continent were in consumer internet companies.

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ZirooPay raises $11.4M to scale its mobile POS solutions for retailers across Nigeria

TechCrunch

In 2014 when we featured the company , the pitch then from IroFit (ZirooPay’s parent company) was that its “Internet-free” tech —a mobile platform for small businesses to accept card payments via a mobile app and EMV-certified card reader — operated in areas where there is no data coverage, particularly in emerging markets.

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Pixalate tunes into $18.1M for fraud prevention in television, mobile advertising

TechCrunch

Western Technology Investment and Javelin Venture Partners led the latest funding round, which brings Pixalate’s total funding to $22.7 million Series A round raised back in 2014, Jalal Nasir, founder and CEO of Pixalate, told TechCrunch. The company grew 1,200% in revenue since 2014 and is gathering over 2 terabytes of data per month.

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Remembering the startups we lost in 2021

TechCrunch

In October, it was reported that Waverly Labs had acquired Abundant’s IP, meaning that its technology may still live on in some form. Clearly the tech giant was interested in its features, many of which it incorporated into the iPhone weather app. There was a time that Katerra was considered the darling of the construction tech world.