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Naspers Foundry fund's diversity problem - Vimarsana News

Naspers Foundry fund's diversity problem

South Africa's biggest VC fund, valued at $100 million, has only graduated one woman of color and three persons of colour founders in 3 years.

Alitheia IDF - Vimarsana News

Alitheia IDF

SweepSouth, an online home services platform with presence across Africa, today announced that it has completed an US$11m investment round led by Alitheia IDF (AIF), Africa’s first and largest gender-lens private equity fund.

Source: africa.com
👨🏿‍🚀TechCabal Daily - Another Kenyan startup faces closure - Vimarsana News

👨🏿‍🚀TechCabal Daily - Another Kenyan startup faces closure

Months after foodtech Kune shut down for similar reasons, another Kenyan startup, Sky.Garden, is facing closure. In termination letters to employees, the CEO revealed that the company was running out of money & would close down in October.

Home services company, SweepSouth, raises Ksh. 1.3B in funding to launch new services - Vimarsana News

Home services company, SweepSouth, raises Ksh. 1.3B in funding to launch new services

SweepSouth has received Ksh. 1.3 billion (US $11 million) in funding in an investment round that was led by private equity fund, Alitheia IDF

SweepSouth raises R200-million in new funding round - Vimarsana News

SweepSouth raises R200-million in new funding round

Cape Town-based on-demand home cleaning and services platform SweepSouth has raised a further $11-million in funding.