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Remembering the startups we lost in 2020

TechCrunch

After the events of 2020, however, no doubt many already lean businesses are hanging on by the skin of their teeth. Atrium (2017-2020). Atrium, a 100-person legal tech startup founded by Justin Kan, shut down in March after failing to find an efficient way to replace the arduous systems of law firms. Essential (2017-2020).

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How African startups raised investments in 2020

TechCrunch

With other outlets like media publications WeeTracker and Disrupt Africa disclosing different results for the African venture capital market, we compared and contrasted their results last year. It was expected that these figures would increase in 2020. For 2020, the number dropped to $1.43 billion and $1.8 billion and $1.8

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Nurse-assisting robotics firm Diligent raises $30M

TechCrunch

Diligent has been leading that specific charge for some time now. Late last year, we spoke with Georgia Tech associate professor Andrea Thomaz, who co-founded the company in 2017 with Vivian Chu, to discuss precisely how profound an impact the past two years have had on the firm. And a lot of people shifting jobs.

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The tech jobs market is as strong as it ever was

TechCrunch

After the big companies conducted mega layoffs at the beginning of this year, it would be natural to think that the tech unemployment rate would skyrocket. If we think about tech jobs as purely IT, engineering and developer kinds of roles, then those jobs are definitely still in demand and less affected than you might imagine.

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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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How fintech and serial founders drove African pre-seed investing to new heights in 2020

TechCrunch

Typically, pre-seed rounds are raised when the startup is still in the product development phase, yet to make revenue or discover product-market fit. While most African pre-seed investments in 2020 went to fintech, there were exceptions, including Egyptian edtech startup Zedny, which raised $1.2 “Fintech is compelling.

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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.