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Paris-originated VC Breega wasn’t enormously well-known in the VC world (it only closed its 1st fund in 2015) until, perhaps, it started attracting attention with its second €110 million Seed fund, just under a year go. It’s portfolio now includes a number of scale-ups including Moneybox, Cuvva, Co…

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OnlyFans founder makes crypto debut selling influencer trading cards

Zoop, built on the Polygon blockchain, will allow users to trade NFT-based cards featuring their favorite influencers.

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The e-commerce boom is still afoot in Africa, Jumia’s earnings indicate

Jumia, the pan-African e-commerce company and sole tech company based on the continent listed on the NYSE, released its first-quarter financial performance today. The company’s results included consistent growth but lapses in some areas compared with Jumia’s previous quarter.  As always…

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Are embedded devices the next ransomware target?

2021 will be remembered as the year that ransomware gangs turned their attention to critical infrastructure, targeting companies built around manufacturing, energy distribution, and food production. The Colonial Pipeline ransomware alone resulted in the shutdown of 5,500 miles of pipeline over fear…

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AWS will buy a SaaS company, and other 2022 enterprise predictions

It's always a sticky business predicting what's going to happen in tech, because who knows what's going on behind the scenes or what's coming next.

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Vauban, an AngelList-like platform for VCs and angels to run and raise funds, closes $6.3m

It’s always been a slight puzzle why AngelList never really properly took off in Europe, especially when, a few years ago, there was such a dearth of funding options for poorly served European startups. But the reasons are fairly simple when you look at them. For starters, the US tech industry boom…

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After raising $10M, Ryte launches ‘Carbon KPI’ to measure the CO2 footprint of web sites

As we become more and more aware of the kind of impact we are having on this planet we call our home, just about everything is having its CO2 impact measured. Who knew, until recently, that streaming Netflix might have a measurable impact on the environment, for instance. But given vast swathes of …

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Walmart is acquiring Memomi, an AR startup powering virtual try-on for eyewear

Walmart is expanding its array of virtual try-on services for shoppers with today’s news that it’s planning to acquire Memomi, an AR optical tech company and current Walmart partner offering virtual try-on experience for eyewear. Deal terms were not disclosed, but Memomi has enabled dig…

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Venture studio Adanian Labs fuels startup growth in Africa

The venture studio targets to help build 300 next-generation startups over the next five years.

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