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African tech took center stage in 2021

TechCrunch

Two years ago, the African tech ecosystem saw newfound attention from global players that translated to the continent’s best year of receiving venture capital. From varying sources, it is estimated up to $2 billion went into African tech startups in 2019. AfricArena, a tech ecosystem accelerator, pegged deals to close between $2.25

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Data center provider fakes Tier 4 data center certificate to bag $11M SEC deal

CIO

Deepak Jain, 49, of Potomac, was the CEO of an information technology services company (referred to in the indictment as Company A) that provided data center services to customers, including the SEC,” the US DOJ said in a statement. Wherever such compromise happens, due to whatever considerations, the best of vetting processes will fail.”

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Big Cabal Media, parent company of TechCabal and Zikoko, raises $2.3M seed funding

TechCrunch

For years, tech publications run by local digital media startups have worked hard behind the scenes in placing African startups at the faces of global investors, shaping the narrative of African tech and its build-up to an inflection point last year. million in seed funding to expand its audience and build new verticals.

Media 297
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Cleantech Qotto embarks on growth plan backed by $8M funding

TechCrunch

Sun King raises $260M to widen clean energy access in Africa, Asia Founded in 2016, Qotto designs and distributes stand-alone solar kits and lanterns to individuals residing in the least electrified regions of Africa. The internet hotspots will be located in high-foot traffic areas like the shops, restaurants or bars. “In

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How the tech industry is responding to Russia’s invasion of Ukraine

TechCrunch

The attack began with cyberattacks that targeted Ukrainian government departments with floods of internet traffic and data-wiping malware, followed by a ground, sea and air incursion. Ukraine is home to the finest engineers, designers, and other tech professionals,” he added. “I GET IN TOUCH.

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Data wants to disrupt your deal flow (again)

TechCrunch

No further due diligence? As history often reminds us , due diligence matters from a human perspective — and vetting a founder beyond their ability to attract talent can save firms from headaches or legal woes. “Our approach? This is our data set, let’s see if we can put money into them,” he said. No problem.

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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.