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How African startups raised investments in 2020

TechCrunch

It was expected that these figures would increase in 2020. But with the pandemic bringing in utter confusion and panic, companies downsized as investors re-strategized, and due diligence slowed during the first few months of the year. For 2020, the number dropped to $1.43 billion and $1.8 billion by the end of the year.

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Venture capital undermines human rights

TechCrunch

The venture capitalists who run these firms decide which startups today will develop the new platforms and technologies that will shape our lives tomorrow. Venture capital firms need to institute human rights due diligence processes that meet the standards set forth in the UN Guiding Principles on Business and Human Rights.

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AllSpice thinks hardware developers lack their own ‘GitHub,’ so it is building one

TechCrunch

AllSpice , a collaborative hub designed for hardware development, came out of private beta on a mission to build a DevOps ecosystem inspired by GitHub. They bonded over frustrations at their respective jobs in what seemed like a hardware industry left behind to rely on PDFs and email to get things done versus software development.

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7 investors reveal what’s hot in fintech in Q1 2023

TechCrunch

However, it appears that even though VCs are proceeding more cautiously than before and taking their time with due diligence, they are still investing. billion in 2022 from 2021, it was still up 52% compared to 2020 and made up 18% of all funding globally, proving that investors still have faith in fintech’s future.

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Flippa raises $11M to match online asset and business buyers, sellers

TechCrunch

The company also offers due diligence and acquisition financing from Thrasio-owned Yardline Capital and a new service called Flippa Legal. in 2020, up from 15.8% The team combined with Flippa’s ability to connect buyers and sellers puts the company in a strong leadership position to take advantage of the marketplace effect.

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With a fresh $46M, Instabug aims to do more than fix your app’s bugs

TechCrunch

Instabug , a startup that aims to help mobile developers monitor, identify and fix bugs within apps, has raised $46 million in a Series B funding round led by Insight Partners. For example, so they can see if an issue is happening, and understand what’s going on before a user is giving bad reviews or ranting on Twitter.” .

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Accord, which offers a platform to manage sales processes, secures $10M

TechCrunch

CEO Ross Rich says that the new funds, which bring Accord’s total raised to $17 million, will be put toward the startup’s engineering, sales and marketing teams. Accord was co-founded in early 2020 by brothers Ross and Ryan Rich. DealPoint , Sales Hacker ) to develop similar sales orchestration offerings.