Africinvest and Cathay Innovation proudly announced today the launch of Cathay Africinvest Innovation. This new fund is the largest venture capital fund in Africa with nine offices interconnecting the entire African continent. Our aim is simple: contribute to changing the financing and development of startups in this continent of 1.3 Billion of people. How so? By providing the […]
Today it feels like like every day we learn about an incredible new technology, product or, service that was supposed to be a futuristic concept, but now is, “coming soon.” Nearly 20 years ago, just before the internet bubble in 2000-2001, new online concepts were being introduced at a dizzying pace, and today, during what […]
From robot cars to virtual assistants to algorithms for streaming video, advances in artificial intelligence are driving innovation and money. A lot of money. The competition between the world’s two premier hotbeds for artificial intelligence is really a race for who gets to define the future. […]
Owkin, a company which builds machine learning technologies and infrastructure to enable breakthrough medical research, today announced a funding round led by F-Prime Capital and Eight Roads Ventures. The round was joined by GV, Cathay Innovation and NJF Capital. […]
Chinese social e-commerce platform Pinduoduo said on Tuesday that it earned sales revenue of more than RMB 65 billion (around $9.7 billion) in 2018 from a special program that sells farm produce from poverty-stricken regions. The report on the program is a timely response to announcements made during the central government’s annual Two Sessions meetings, promoting new […]
Digital bank Chime has tripled its valuation, officially passing the $1 billion-mark this week. The San Francisco-based company announced a $200 million Series D financing round that brings its new valuation to $1.5 billion. Investors were led by DST Global, which also participated in earlier fundraising rounds, and new investors Coatue, General Atlantic, Iconiq Capital […]
Digital bank Chime has tripled its valuation, officially passing the $1 billion-mark this week. The San Francisco-based company announced a $200 million Series D financing round that brings its new valuation to $1.5 billion. […]
Denis Barrier is a global investor and an amazing guy. His firm invests in the US, Europe, and Asia and we talked about our borderless future and how to spot innovation before it takes off. […]
Trifacta, Inc., the global leader in data preparation, today announced another year of significant growth. Fiscal year 2019, which ended January 31, saw annual recurring revenue (ARR) grow by over 85 percent with accelerated growth of more than 2x in cloud-based revenue as result of strong customer wins globally, continued industry recognition as the leader in […]
As the debate heats up around the prices and providers of 5G, we should all keep in mind that its outcome will shape the global communications market for a long time to come. 2019 may not be the year of 5G’s distribution to the vast majority of consumers, but it is the year when key […]