917Ventures’ Post

An interesting report from Lightspeed on South-east Asia, debunking some myths and resetting expectations, with one of the writers being Kevin Aluwi, who should know given his experience with @gojek. Useful for #nextgeneration startups wanting to tackle the South-east Asian market. You can also listen to the report, if you prefer an audio version. #techinvestments #southeastasia #ecommerce #nextgeneration https://lnkd.in/gsaDj23B

#BuzzingDealsOfTheWeek ➤ Humble Sustainability: Undisclosed funding round Humble Sustainability helps companies sell their old IT equipment instead of throwing it away. It will use the funds to expand its operations in the country. •⁠ Stage: Seed round •⁠ Industry: Climate tech/Philippines •⁠ Investor: Gobi Partners ➤ beppo: Undisclosed funding round Beppo helps SMEs digitize and automate their accounting and tax compliance. With the fresh funds, it has acquired its local rival JuanTax, and five other bookkeeping firms. •⁠ Stage: Pre-seed funding round •⁠ Industry: Fintech/Philippines •⁠ Investor: Wavemaker Partners ➤ Mighty Jaxx: US$11 million Mighty Jaxx creates limited-edition collectibles in partnership with companies like Warner Brothers, and Netflix. It will use the funds to expand in the US and Europe this year. •⁠ Stage: Series A+ extension •⁠ Industry: Design studio/ Singapore •⁠ Investor: Sunova Capital Management Pte Ltd and East Ventures ➤ Honest: US$2.5 million Honest offers Honest Card, a credit card available in both physical and digital formats. •⁠ Stage: Series B round (ongoing) •⁠ Industry: Fintech/ Indonesia •⁠ Investor: Rakuten Venture and Jetha Global Limited ➤ QueryPie: US$27.82 million QueryPie is a cloud security solution by Chequer. It plans to use funds to expand its presence in Korea and Japan, while venturing into Southeast Asia by •⁠ Stage: Strategic round •⁠ Industry: IT Services/ South Korea •⁠ Investor: Shinhan Venture Investment and Salesforce Ventures ➤ PopChill 拍拍圈: US$1.3 million Popchill is a Taiwanese luxury marketplace. It will use the funds to enter a new market this year, with Singapore as its primary target. •⁠ Stage: Pre-series A •⁠ Industry: E-commerce/ Taiwan •⁠ Investor: Top Taiwan Venture Capital 👉 Stay updated on the Southeast Asia startup and VC scene by hitting the "Follow" button for more news like this 🚀 👉 To get weekly updates on what’s buzzing in the Southeast Asian startup ecosystem, subscribe to our newsletter #ICYMI here: https://lnkd.in/gMAcE8WZ 🚀 #startupfunding #SEA #venturecapital #investments

🚀 **Want to get your company featured on TechCrunch's front page?** We’re continuing with our tips to help you secure great coverage for your company. Here’s Tip #3: **Emerging Markets Are Different** TechCrunch has editors and reporters who focus specifically on emerging markets like Africa, Southeast Asia, India, and LATAM. They often show unusual interest in funding news from startups in these regions, even if the funding amount is moderate. If you’re not based in Europe or North America, you might have better chances with specialized reporters who understand the unique challenges and opportunities of your market. **Examples of compelling stories from emerging markets:** - **Nigeria’s Grey** raises $2M for cross-border payments and regional expansion. - **Egyptian startup Convertedin** raises $3M, catering to e-commerce brands in MENA and Latin America. - **Kenyan insurtech Lami** raises $3.7M seed extension led by Harlem Capital. - **Egyptian fashion e-commerce startup** raises $2.6M in seed funding. ### Key Takeaways: 🔹 **Target specialized reporters** who focus on your region. 🔹 **Leverage the unique aspects** of your market to make your story stand out. 🔹 **Highlight regional impact** and growth potential. By focusing on these elements, you'll enhance your chances of capturing TechCrunch's attention and getting featured on their front page. #TechCrunch #StartupTips #FundingNews #MediaCoverage #StartupSuccess #Entrepreneurship #EmergingMarkets #GlobalStartups

Excited to share Shameen Prashantham's article in The European Business Review on how corporations can effectively collaborate with startups in emerging markets. This insightful piece sheds light on the strategies and benefits of such partnerships, offering valuable guidance for organizations seeking to expand their footprint. Check it out here: https://lnkd.in/d7DXxmKV #EmergingMarkets #Partnerships #BusinessGrowth

Smart iterators in emerging markets adapt successful Western startup models to local conditions, driving innovation and growth. In Timothy Motte's realistic opinion, this approach simplifies global startup ecosystems, allowing entrepreneurs to focus on localisation rather than reinventing proven concepts. https://lnkd.in/dwCPhUmG

Latin America is an underpenetrated region for solutions that address the underlying challenges faced in many sectors like Fintech, Healthcare, Logistics, Communications, Agriculture, etc.   The region is growing and evolving at a very fast pace, and is eagerly demanding better ways, tools, technologies and solutions to face these challenges. LATAM is a growing opportunity market but very often undervalued by European startups.   Equally important as B2C (business-to-consumer) solutions that focus on solving the struggles consumers face, are the B2B (business-to-business) solutions that enable companies to operate in a more effective and efficient manner, creating important opportunities for SaaS (Software as a Service) companies who can assist local companies to do so.   For the past decade most European countries have been actively investing, innovating and developing technology solutions aiming to help companies accelerate their business processes, while adopting vast amount of information brought along with the digitalization of processes, and by gathering, securing, understanding and organizing it to take faster and more informed decisions.   Are you a european #techstartup looking for international growth? Do you already have a plan in place for #LATAM? Are you partnering with the right local experts that could assist you in that venture?   We build LINKS 🟧 to EVOLVE the business ecosystem between Europe and Latin America #LATAM. 🇪🇺 🔛 🇲🇽 🇨🇴 🇵🇪 🇨🇱 🔶 ----------------------------------------------------------- LINK us Carlos Araujo Cruz & Fernando MAGDALENO ----------------------------------------------------------- EuroLATAM Link - #TECH Division #DoingBUSINESSwithLATAM #businessEXPANSION #businessEVOLUTION https://lnkd.in/e7pCwJzH

Latin America is an underpenetrated region for solutions that address the underlying challenges faced in many sectors like Fintech, Healthcare, Logistics, Communications, Agriculture, etc.   The region is growing and evolving at a very fast pace, and is eagerly demanding better ways, tools, technologies and solutions to face these challenges. LATAM is a growing opportunity market but very often undervalued by European startups.   Equally important as B2C (business-to-consumer) solutions that focus on solving the struggles consumers face, are the B2B (business-to-business) solutions that enable companies to operate in a more effective and efficient manner, creating important opportunities for SaaS (Software as a Service) companies who can assist local companies to do so.   For the past decade most European countries have been actively investing, innovating and developing technology solutions aiming to help companies accelerate their business processes, while adopting vast amount of information brought along with the digitalization of processes, and by gathering, securing, understanding and organizing it to take faster and more informed decisions.   Are you a european #techstartup looking for international growth? Do you already have a plan in place for #LATAM? Are you partnering with the right local experts that could assist you in that venture?   We build LINKS 🟧 to EVOLVE the business ecosystem between Europe and Latin America #LATAM. 🇪🇺 🔛 🇲🇽 🇨🇴 🇵🇪 🇨🇱 🔶 ----------------------------------------------------------- LINK us Carlos Araujo Cruz & Fernando MAGDALENO ----------------------------------------------------------- EuroLATAM Link - #TECH Division #DoingBUSINESSwithLATAM #businessEXPANSION #businessEVOLUTION https://lnkd.in/eTjHMWVr

Here's a recap/roundup of what happened in Week 7 2024 (Feb 11-17) across Africa's tech and startup ecosystem: https://lnkd.in/d8u3xYHr 𝗦𝗧𝗔𝗥𝗧𝗨𝗣 𝗙𝗨𝗡𝗗𝗥𝗔𝗜𝗦𝗜𝗡𝗚 • Ten fundraises were announced in the week. (Not including two M&A deals that were also announced.) 𝗜𝗡𝗩𝗘𝗦𝗧𝗢𝗥 𝗔𝗖𝗧𝗜𝗩𝗜𝗧𝗬 • British International Investment, Novastar Ventures, Renew Capital, and EdVentures were among the investors making headlines across Africa's tech ecosystem this week. 𝗡𝗘𝗪𝗦 𝗢𝗙 𝗧𝗛𝗘 𝗪𝗘𝗘𝗞 • Last year was a transformative year for Jumia Group and the market strongly approved of the e-commerce giant's fourth quarter and full year 2023 results. 𝗥𝗘𝗔𝗗𝗦 𝗢𝗙 𝗧𝗛𝗘 𝗪𝗘𝗘𝗞 • African startups disrupt nothing - https://lnkd.in/dtaTh-jd • Africa Fintech Market Update: January 2024 - https://lnkd.in/deGKGS_d 𝗢𝗧𝗛𝗘𝗥 𝗧𝗢𝗣𝗜𝗖𝗦 • The implications of a lack of exits in African tech • The right venture capital model for Africa • Nigerian founders being bullish on Africa yet running abroad • Should you copy & paste models from the West across African markets? • The ARM Labs Lagos Techstars Accelerator Demo Day is on tomorrow February 20th — If you're in Lagos, get your free tickets here: https://lnkd.in/drDJsEw3 Organizations appearing in this Week in Review: Jumia Group, British International Investment, EdVentures, Flutterwave, Gro Intelligence, Renew Capital, Roam, & others. Executives appearing: Jumia’s Francis Dufay, Absa Group’s Johnson Idesoh, HRF’s Alex Gladstein, TLCom Capital’s Eloho Omame, Selar’s Douglas Kendyson, Sabrina Dorman, Abraham Augustine, Abdul-Karim Mohamed, & others. __________________ 🚨 Afridigest is your intelligent guide to tech in Africa. Subscribe to the newsletter today as a free reader or paying subscriber to get each edition in your inbox: afridigest.com/subscribe. _________________ #africatech #africa #africanstartups #techinafrica #tech #vc #startups #fundraising #venturecapital #deals #weekinreview #emergingmarkets

Exciting news! 💻 Check out our latest blog post on Venture Capital Trends in Australia and New Zealand to stay updated on market insights. 📉 The first quarter of 2024 saw a slow start in dealmaking, following a decline in 2023 for these regions. This trend may be influenced by diverse factors like market conditions and global uncertainties. Key Takeaways: - Early-stage deals remain prominent, presenting opportunities for emerging startups. - Focus on sustainability and impact investing is on the rise, emphasizing social and environmental responsibility. - Sectors like healthcare, technology, and fintech are gaining traction, offering potential growth for businesses in these areas. Amidst challenges, there is hope for growth and innovation within Australia and New Zealand's startup ecosystem. 🔬 NextRound.ai can play a significant role in aiding founders by connecting them with investors, simplifying fundraising, and nurturing partnerships for success. Remember to visit our blog for more insights: https://nextround.ai/blog/ 📍 #VentureCapital #StartupEcosystem #NextRound_ai

As an angel investor in African startups, our SAFE stacks offer you a range of benefits to help you make the most of your investments. With features like portfolio tracking and real-time updates, you can stay organized and informed about the performance of your startup portfolio. To ensure that you are always aware of the status of your SAFEs, you can easily track them, monitor conversion timelines, and stay updated on valuation changes to make informed decisions. 👉 Get more information about the tool: https://lnkd.in/ete3yg53 📌 Integrated with data analytics and forecasting tools, our stacks help you plan your investment strategy more strategically. Analyze trends and performance metrics, identify emerging opportunities, allocate resources effectively, and optimize your portfolio for maximum returns. 📌 By having a centralized platform to manage your investments, you can identify and mitigate risks more effectively. Whether it's tracking key milestones, monitoring financial health, or assessing market trends, these tools provide the insights you need to make informed investment decisions and minimize risks. 📌 We've also designed the platform for effective collaboration to help facilitate communication between investors and startups. Through secure messaging and document-sharing features, you can easily communicate with founders, review important documents, and stay engaged with the companies in your portfolio. 📌 And to top it all, 24/7 support with our OrganizeGPT AI tool to get quick enquiries to questions you might have or on-the-spot analysis that you need to get done. #SAFEStacks #SAFEs #AfricanStartups #Equity #AngelInvestors #VentureCapital