STARTUPS Archives - Page 53 of 55 - Inclusifund

A surge in African startups is turning to debt financing amid a decline in equity funding.

BasiGo, an electric bus startup based in Kenya, has successfully obtained a $5 million debt facility to expand its local manufacturing operations

Pontera secures $60 million in funding to enhance retirement options for individuals in the United States.

FAO expresses appreciation for the additional $10 million in funding.

Saviu Ventures, a venture capital firm with a focus on Francophone Africa, successfully secures the first closing of its second fund, reaching a milestone of $13 million.

EchoVC secures $2.5 million in funding for the purpose of supporting environmentally conscious startup ventures.

Failup Ventures, a venture capital firm based in Finland, has successfully secured €30 million in the initial closing of its new early-stage fund.

January to October 2023, UK startups garnered $12 billion in venture capital funding, according to GlobalData’s findings.

The 2023 downturn in venture capital, quantified through statistical analysis, highlights a challenging and competitive environment in the industry.

The Biden-Harris Administration has revealed funding opportunities totaling $74.4 million aimed at enhancing behavioral health.

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