Nigerian e-health pharmaceutical distribution startup DrugStoc secures $4.4 million Series A funding, embarks on expansion drive

The pharmaceutical supply chain across Africa has for decades remained fragmented, leading to sourcing and distribution challenges as well as quality concerns as fake and substandard products flood the market. Yet, these issues facing the supply chain are fixable. Chibuzo Opara and Adham Yehia, bei

Kilo, a Vietnamese B2B e-commerce platform for MSMEs, bags $5M pre-Series A

Kilo, a Vietnam-based B2B e-commerce platform that connects wholesalers with micro, small and medium enterprises (MSMEs), wants to digitize the local retail value chain via technology. “In Vietnam, micro, small and medium enterprises are the backbone of the retail economy — serving 80% of a

Homebase raises $30M to help more people in Southeast Asia become property owners

Homebase, a Ho Chi Minh City-based proptech startup that helps people buy homes, announced today it has raised $30 million in equity and debt (the ratio was undisclosed). The company's business model is similar to Divvy Homes and ZeroDown in the United States and, in fact, Divvy Homes co-founde

Pigment raises $73M to take on Excel and generic spreadsheet players in the world of business planning and forecasting

The last 20 months of living in the midst of COVID-19, with all its unexpected developments, have been a challenge for many organizations when it comes to planning for the future. But that has also presented an opportunity for tech: build tools to make planning and forecasting, even in the midst of

Plentina, a ‘buy now, pay later’ startup focused on emerging markets, raises another $2.2M

Philippines-based Plentina, a buy now, pay later startup focused on emerging markets, announced today it has raised $2.2 million. This brings the fintech's total funding since it was founded in 2019, including a seed round announced in April, to $5.7 million. The latest funding was led by TMV,

Offer decks and other fresh tips for startup hiring

Hiring is harder than ever for basically every startup. The rush of investment into tech companies in recent years has created more demand for skilled workers than humans can currently meet. But you can still get the talent you need if you get the details right. Especially if you know how to take a

Can Europe compete in the quantum 'space race'?

The technewss Global Affairs Project examines the increasingly intertwined relationship between the tech sector and global politics. Quantum information science has long languished in an academic corner of the tech sector. But recent advances mean that the sector has taken on geopolitical signific

Latin America's food paradox

Latin American farms and fields produce a lot of food, but 47 million people still remain hungry. The region accounts for about a quarter of global exports in agricultural and fisheries products, including fruits and vegetables, salmon, maize, sugar and coffee. The agricultural sector is crucial fo

Foody cooks up marketplace for culinary creators

Husband-and-wife co-founders Daniel and Brenna Stitzel are developing a way for foodies to monetize their culinary creations and closed on a round of $1.5 million in pre-seed funding to officially launch Foody. The investment was led by Serena Ventures, with Goodwater Capital and a group of angel i

Promoted.ai takes in fresh capital to grow your marketplace

It's tough to be a seller when there are so many products out there on marketplaces just waiting to be discovered. Promoted.ai is out to help people find you, securing $2 million in funding to continue developing its tool that matches buyers to sellers in marketplace search. The company was sta

Zembo nabs $3.4 million from Toyota, DOB Equity and InfraCo Africa to grow its motorcycle startup in Uganda

Mobility 54 Investment SAS, a corporate venture capital subsidiary of Toyota Tsusho Corporation and CFAO group, DOB Equity and InfraCo Africa have invested $3.4 million (€3 million) in electric motorcycle startup Zembo to help it grow its business. Zembo, a French startup with operations in Ugand

5 ways to improve mental health for software developers

With World Mental Health Day just behind us, I thought about how the tech industry can be a difficult place to stay mentally well. Working remotely, especially under unprecedented circumstances, can make a difficult situation worse. I have worked remotely in technology for over a decade, and I'

Demand Curve: How Zapier acquires customers via its homepage

Your startup's homepage should accomplish two things well: (1) Clearly explain exactly what you offer and (2) Convert visitors into active prospects. If visitors leave confused or your website isn’t able to convert, allocate the resources to fix it before worrying about marketing.

Collectible card trading platform Alt raises $75M as it eyes other asset categories and preps its mobile launch

When we last checked in with Alt back in March, it had just raised $31 million for its alternative asset platform — a platform, thus far, used primarily by those looking to research, trade and securely store high-value sports cards. Just a few months later, the company has raised a $75 million Se