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Egyptian social commerce startup Brimore raises $25M led by IFC and Endure Capital

TechCrunch

The Egyptian social e-commerce market will be worth over $14.8 The opportunity in the market can be attributed to the growth in online social sellers in the country, over 1.25 The company was founded by Mohamed Abdulaziz and Ahmed Sheikha in 2017. billion by 2024.

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Shares is a new stock trading app with a focus on social features

TechCrunch

Meet Shares , a new European startup that wants to add a social twist to financial investment — in this case, the company means “social” as in “social network” The startup has been developing its product under the radar for a few months already. It is also moving at a fast pace.

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Givz raises $3M in seed funding to make donations a marketing tool for businesses

TechCrunch

Givz was founded in 2017 to make charitable giving more accessible and convenient for the masses. In March 2020, right before the COVID-19 pandemic hit, the company pivoted from B2C to B2B and used the technology rails it had built to create the e-commerce marketing platform that Givz is today.

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Social care SaaS maker Birdie tops up with $30M

TechCrunch

The new funding brings its total raised since being founded back in 2017 to $52 million. In Birdie’s home market of the U.K., “We continue to be impressed by the team’s passion, calibre and commitment to social change and are proud to accompany them on their quest to reinvent care for the better.”

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Beam Impact raises $13.3M to turn everyday purchases into a way to support social causes

TechCrunch

Beam Impact , a company that enables consumers to turn their spending into a way to support social causes, has raised $13.3 The company’s B2B2C model connects consumers with brands that are supporting social causes and allows them to donate a portion of their purchases to a nonprofit of their choice, at no cost to them.

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Ancient8 secures $4M in seed to democratize social and financial access in the metaverse

TechCrunch

Vietnam is the third-largest country in Southeast Asia with a population of 100 million and skews young in demographics, making the country a ripe market for mainstream adoption of GameFi, Xu added. Vietnam is one of the most exciting and fast-growing markets in the world today for blockchain adoption.

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Reddit acquires Dubsmash

TechCrunch

In 2017 it began transforming itself into a social platform and moved its headquarters from Berlin to Brooklyn. By the beginning of this year, Dubsmash’s share of the United States’ short-form video market was second only to TikTok when counted by app installs, and it reportedly held acquisition talks with Facebook and Snap. .”

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