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Oui Capital, a pan-African early-stage VC firm, hits first close of its $30M second fund

Oui Capital, an Africa-focused VC firm based in Lagos and Massachusetts, announced today that it has completed the first closing of its $30 million second fund, Oui Capital Mentors Fund II, as it seeks to strengthen its presence on the continent.

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Riivi, the streaming platform based solely on Latin American content, adds 200,000 users

August 4, 2022

This streaming was born in January 2021 under the AVOD (advertising-based video on demand) model, meaning free and ad-funded platforms that are gaining ground worldwide. Riivi started in Chile and reached Peru and Colombia this year, adding 200,000 monthly users. Riivi has raised US$1.25 million in its pre-seed and seed rounds. Among its investors is the firm Sable. It also recently went through Start-Up Chile, a government accelerator that both funds and advises emerging companies.

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Marketers to Focus on Platforms Not Ad Channels in 2023: IAB Survey

November 29, 2022

This IAB study finds that connected TV and paid search are expected to be the fastest-growing ad channels next year, while linear TV and other traditional media continue to shrink.  More intriguing: marketers are focusing more investment on foundational tools like measurement and first party data, and less on specific ad channels.  Download for deep dives into retail media networks and the metaverse.

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