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Early-stage African VC firm, Microtraction reports portfolio boom despite the weight of COVID-19

TechCrunch

In a review of the year published last week, the firm noted that 21 companies in its portfolio have raised more than $33 million in funding. ” Badamosi, who returned to Nigeria from the UK in 2015, worked as the general manager for Starta Africa, an online community for African tech entrepreneurs.

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Surging homegrown talent and VC spark Italy’s tech renaissance

TechCrunch

As Italy reinstates many COVID-19 restrictions, the country’s tech ecosystem is watching and waiting to see what the wider effects of the emergency will be. Italy’s ecosystem for tech venture capital and startups has been in development for years and has made decent strides in the last decade.

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Juniper Networks acquires Boston-area AI SD-WAN startup 128 Technology for $450M

TechCrunch

Today Juniper Networks announced it was acquiring smart wide area networking startup 128 Technology for $450 million. This marks the second AI-fueled networking company Juniper has acquired in the last year and a half after purchasing Mist Systems in March 2019 for $405 million.

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How African startups raised investments in 2020

TechCrunch

To understand how much growth has occurred, African startups raised a meagre $400 million in 2015 compared to the $2 billion that came into the continent in 2019, according to Africa-focused fund Partech Africa. Did African startups raise $496M, $1B or $2B in 2019? billion in 2019. billion and $1.8 Behind the numbers.

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Top 10 Highest Paid Programming Languages in 2019

The Crazy Programmer

This data is according to the Stack Overflow Developer Survey 2019. 10 Highest Paid Programming Languages in 2019. Lets have a quick look on each of these technologies. This language can fetch the developers a salary much closer to around six-figure due to the dependency of Apple on this language. United States.

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C2 Ventures raises new fund to invest in the “dull, dirty and dangerous”

TechCrunch

Examples are ad tech, prop tech, insurance tech and the underlying data for the commercial trucking industries. C2V’s Fund 1, which closed at the end of 2019, has a current IRR of more than 50% and two exits. 7 ways investors can gain clarity while conducting technical due diligence.

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6 investors discuss why AI is more than just a buzzword in biotech

TechCrunch

VCs are also increasingly looking for what biotech startups can do with AI beyond just R&D and are wary of companies that use the technology as a marketing tool. We also see AI being used in the biologics space, although the technology is used there far earlier. Where else can AI play a role in health tech?

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