Satgana closes €30 million fund to support African climate tech startups
Satgana, a European venture capital (VC) firm headquartered in Luxembourg, has closed a €30 million fund to fund startups that tackle climate change problems in Africa.
Satgana, a European venture capital (VC) firm headquartered in Luxembourg, has closed a €30 million fund to fund startups that tackle climate change problems in Africa.
We interrupt our usual stream of bad-Meta news to report that they’ve partnered with LiveRamp to expand targeting of Meta campaigns based on advertisers’ first-party data. Specifically, LiveRamp’s Authenticated Traffic Solution can now connect to Facebook’s Conversions API. You either know what that means or don’t care. In more good news, Meta announced Media Ratings Council brand safety certification for its Instream Video and Instant Articles, but not the (much larger) Facebook Feed and Instagram Feed ad placements.
Egyptian fintech startup MoneyFellows has announced the first close of its Series B round funding with a US$31 million investment to help it accelerate its growth and move into new markets.
We’re not quite ready to party like it’s 2019 but there was a touch of déjà vu yesterday when Klaviyo’s share price soared 23% after its initial public offering, which had already been repriced above its target. The offering gave Klaviyo a valuation of $9.2 billion or roughly 20x its 2022 revenue.