On October 3, “Big Brother Naija,” a reality show sponsored by Nigerian social payments company Abeg, came to a rapturous close after 72 days on air. The show, which commenced on July 24, is the most popular and most-watched reality show in Africa, raking in impressive numbers in terms of...
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Nexford University lands $10.8M pre-Series A to scale its flexible remote learning platform
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Two profound problems face the higher education sector globally — affordability and relevance. Whether you live in Africa, Europe, or the U.S., a major reason why people don’t go to university or college or even drop out because they cannot afford tuition fees. On the other hand, relevance...
South Korean equity firm STIC invests $200 million in Singapore-based-ride-hailing startup Grab
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South Korean VC firm STIC Investments Inc. has expanded its reach to the Southeast Asian region with an investment of about $200 million in Singapore based ride-hailing startup Grab. Despite the impact of the COVID-19 pandemic, Grab has continued its operations as a ride-hailing, food delivery, and...
Mammoth Biosciences’s CRISPR-based COVID-19 test receives NIH fundings through RADx program
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CRISPR tech startup Mammoth Biosciences is among the companies that revealed backing from the National Institutes of Health (NIH) Rapid Accleration of Diagnostics (RADx) program on Friday. Mammoth received a contract to scale up its CRISPR-based SARS-CoV-3 diagnostic test in order to help address...
California-based UltraSense Systems, the creator of touch user interface (UI) technology for smartphones, cars, home appliances, IoT, and medical devices, has raised US$20 million in Series B funding.The latest investment round, which brought its fundraising total to US$24 million, was led by...