Why international DFIs are looking to African startups to scale impact investing efforts
Even as VC funding dries up across the world, development finance institutions (DFIs) are looking to African startups to deploy their dry powder.
Even as VC funding dries up across the world, development finance institutions (DFIs) are looking to African startups to deploy their dry powder.
South African mobile gaming startup Carry1st has raised a US$27 million funding round to develop, license, and publish new games, as well as further expand Pay1st, its monetization-as-a-service solution.
The U.S. Department of Justice yesterday filed its second big anti-trust lawsuit against Google. This one targets Google’s digital advertising business, while the 2020 lawsuit focused on search marketing. The 155-page complaint offers a step-by-step history of Google’s ad-related activities and demands that Google divest its ad server and ad exchange businesses.
Tofu has raised $12 million in Series A funding to support the ongoing development of its AI-powered unified marketing platform. Identifying worsening “martech bloat” as a problem for GTM teams, Tofu is proffering its platform as an integrated marketing solution with gen AI embedded. This intended to avoid the adoption of multiple AI-related tools with overlapping functionality.