Vodacom Tanzania and Smart Lab have established a $150,000 accelerator that will coach founders of early and growth-stage companies in sectors including mobile, fintech and education.
Author: Callum Cyrus
CasaOne canvasses WeWork in $16m round
Furniture rental service CasaOne has added co-working space operator WeWork to an investor base that already included JLL Spark.
Gojek and Digitaraya hit accelerator
The Gojek Xcelerate accelerator will take 20 local businesses through their paces in areas over the course of a six-month period.
Western Digital absorbs Kazan Networks
The corporate has bought portfolio company Kazan Networks three years after a series A round that also included Samsung Ventures and Intel Capital.
Delhivery boxes up $115m
SoftBank, Times Internet and Fosun-backed logistics services provider Delhivery has received $115m from Canada Pension Plan Investment Board to take its total funding above $780m.
Group Nine counts up another $50m
Existing investors Discovery and Axel Springer have helped equip Group Nine Media with $50m to take the digital media group’s overall funding to $190m since it was formed.
Ori aligns with corporates for $20m
Alphabet subsidiary Sidewalk Labs and Ikea franchisee Ingka were among the participants in flexible furniture provider Ori’s series B round.
SuperAtom scoops $24m
Cheetah Mobile has contributed to a $24m round for its consumer microfinance offshoot SuperAtom, which will utilise the corporate’s customer and technical resources.
Goeasy loosens purse strings for PayBright
Consumer lender Goeasy has acquired a minority stake in instalment financing provider PayBright in return for $25.5m alongside a strategic partnership deal.
Even Financial scores $25m
Citi Ventures and MassMutual Ventures co-led financial services software developer Even Financial’s latest round, doubling its total funding to $50m.
Loadsmart plays clever for $19m
Freight services portal Loadsmart has now raised more than $53m in total, having secured new funding from investors including Ports America and Maersk Growth.
FieldIn files away $12m
AgFunder and Wilbur-Ellis subsidiary Cavallo Ventures both invested in farm management technology developer FieldIn to take its overall funding to about $16m.
BigID rigs up $50m series C
SAP, Salesforce and Comcast swere among the investors for a round bringing enterprise data protection software developer BigID’s overall funding to $96m.
Getaround goes for $200m
Peer-to-peer car rental provider Getaround is reportedly set to raise $200m to follow $396m from investors including SoftBank, Shanghai Automotive, Toyota and Cox Automotive.