Why South Africa-based car subscription company Planet42 is going carbon neutral

Tue, 13 Apr 2021 12:13:19 +0000
Since ride-hailing companies like Uber and Bolt disrupted the transportation industry, one of the thorns on their sides has been traffic congestion and pollution. Research has shown that trips from ride-hailing cars have more emissions than those from personal cars. To reduce their carbon footprint and solve the latter problem, both companies have floated the […]
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Getlabs, an at-home medical labs company, launches with a $3 million raise

Tue, 13 Apr 2021 12:00:58 +0000
When you’re not feeling well and your doctor asks you to get labs drawn, you know that can increase the time between a diagnosis and care. But Getlabs, a company that brings the lab to you with its at-home, blood-drawing service, is aiming to eliminate that friction, and today announced a $3 million seed round […]
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Grab to go public in the US following $40 billion SPAC deal

Tue, 13 Apr 2021 11:30:03 +0000
Ride-hailing and delivery company Grab has announced plans to go public in the U.S. Based in Singapore, the company has evolved from a ride-hailing app to a Southeast Asian super app that offers several consumer services, including food delivery, financial services, such as an e-wallet so that you can send and receive money. It operates […]
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Elder tech company, Papa, raises $60M Led by Tiger Global

Tue, 13 Apr 2021 11:00:44 +0000
Papa, the elder tech company that offers care and companionship to seniors, today announced a $60 million Series C led by Tiger Global Management, bringing its total raised to date to $91 million. The money will be used to propel the company’s growth this year, building on 600% year-over-year growth as of the start of […]
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On-demand pediatrics app Biloba adds prescriptions and raises $1.7 million

Tue, 13 Apr 2021 10:55:26 +0000
French startup Biloba has raised a $1.7 million funding round (€1.4 million) a few months after launching its pediatrics app that lets you chat with a doctor whenever you have a question. In addition to raising some money, the startup also recently added in-app prescriptions. Biloba’s concept is surprisingly simple. It’s a mobile app that […]
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MFS Africa leads $2.3M seed round in Ugandan fintech startup Numida

Tue, 13 Apr 2021 10:52:37 +0000
Small businesses in Africa need digital banking services including plenty of credit. Although these businesses drive economic growth and contribute up to one-third of the continent’s GDP, they are often financially excluded from credit and other financial services due to their size and informality. One such company tackling this challenge in the eastern part of […]
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With two new funds, LocalGlobe has more latitude than ever

Tue, 13 Apr 2021 10:00:05 +0000
“You wanted me to record this?” asks Saul Klein, LocalGlobe founding partner. “Just in case you say anything interesting,” I quip back. “I won’t be doing most of the talking, so maybe someone will say something interesting,” Klein replies poker-faced, before grinning. Once again, I’ve agreed to an ensemble-style interview with multiple members of the […]
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African crypto usage spurs Luno as customers reach 7M

Tue, 13 Apr 2021 08:30:21 +0000
The crypto industry as a whole has seen a momentous year of growth, heavily spurred on by the entrance of institutional investors adopting bitcoin due to its store of value properties. The 2020 spike bitcoin experienced was also accelerated by its global adoption as the number of global cryptocurrency users surpassed 100 million in Q3 […]
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Berlin Brands Group raises $240M to buy and scale up third-party Amazon Marketplace brands

Tue, 13 Apr 2021 08:13:35 +0000
The race is on for companies building e-commerce empires by rolling up smaller, promising businesses that sell via Amazon and other marketplaces and growing by using some economies of scale to operate them as one. In the latest development, Berlin Brands Group has raised $240 million that it says it will be using to acquire […]
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Pine Labs acquires Southeast Asian startup Fave for $45 million

Tue, 13 Apr 2021 08:07:17 +0000
Pine Labs said on Tuesday it has acquired Southeast Asian startup Fave in a deal valued at $45 million as the Indian firm looks to strengthen its consumer-focused offerings in the domestic and international markets. Fave helps an offline merchant connect and retain customers by using gift cards and vouchers. The startup allows merchants to accept […]
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Putting Gdańsk, Wroclaw, Krakow, Poznan on the TechCrunch map — TechCrunch’s Cities Survey

Tue, 13 Apr 2021 08:00:47 +0000
TechCrunch is embarking on a major new project to survey European founders and investors in cities outside the larger European capitals. Over the next few weeks, we will ask entrepreneurs in these cities to talk about their ecosystems, in their own words. This is your chance to put Gdańsk, Wroclaw, Krakow and Poznan on the […]
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Grover raises $71M to grow its consumer electronics subscription business

Tue, 13 Apr 2021 06:32:04 +0000
A startup tapping into the concept of the circular economy, where people don’t buy items outright but pay an incremental amount to use them temporarily, has raised some funding to scale its business in Europe and beyond. Grover, a Berlin-based startup that runs a subscription model where people can rent out consumer electronics like computers, […]
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