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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 future of technology is determined by a handful of venture capitalists. The world’s 10 leading venture capital firms have, together, invested over $150 billion in technology startups. Europe and China, which in turn are shaping the future of technology. Despite gains, gender diversity in VC funding struggled in 2020.

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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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LinkSquares benefits from the legal tech boom with a fresh $100M

TechCrunch

Demonstrating that there’s a robust market for contract management solutions, LinkSquares , a company developing intelligent software that helps brands maintain and ink new contracts, today announced that it raised $100 million in Series C financing led by G Squared. Modern legal teams need to cement their seat at the executive-level.

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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% His firm is one of the oldest venture capital firms in Australia and has 30 companies in its portfolio focused on healthcare and technology.

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Location data analytics startup Placer.ai raises $50M Series B

TechCrunch

But the foot traffic and location analytics startup saw growth in new categories, including consumer packaged goods (CPG) and hedge funds that use its tech to perform due diligence. The new capital will be used on research and development and expanding Placer.ai’s sales and marketing teams.

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YC, Khosla-backed Atmos lands $12.5M to design custom dream homes

TechCrunch

Atmos , a startup which has built an online marketplace that teams up homebuyers with builders and land developers to design and build custom homes, has emerged from stealth today with $12.5 It then teams up buyers with a “vetted builder partner.” . The company previously raised nearly $2 million in March 2020.