Page 21 - Orange Ventures News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Kenyan start-ups secure record funding in Africa Monday May 03 2021 The entrepreneurial spirit has been growing across Kenya’s agri-tech, e-commerce, fintech and logistics sub-sectors. The growth has attracted large funding rounds from international venture capitalists (VCs) and institutions on solid and proven investments. Between 2015 and 2020, for example, investments in the country increased to Sh26 billion from Sh20.8 billion ($191.4 million), representing a 27.3 percent of the continent’s total investment. Nigeria came second with Sh16.3 billion followed by South Africa (Sh15.5 bill...

Soona Raises $10.2M In Series A Funding The Minneapolis-based company has plans to scale its virtual content creation platform for e-commerce brands and open a local fulfillment studio. Fueled by surging demand for product photos along with the growth of e-commerce during the pandemic, Minneapolis-based photo and video studio soona just closed on a $10.2 million Series A funding round that will help the startup scale its technology, open a distribution center, and hire as many as 60 employees this year.  New York City-based Union Square Ventures led the effort via Coinbase, a cryptocurr...

Inman Connect Nomad, a company that equates itself to the iBuyer of the rental market, announced a $2 million seed funding round on Wednesday. Nomad started serving a small base of landlords and renters in Denver in 2019. A team experienced in both real estate and tech, PJ O’Neil, former general manager at Opendoor, and Matt Thelen, previously director of business operations at cloud communications platform Twilio, founded the company.  To date, it has received requests from more than 1,000 landlords and has served over 100 customers in the broader Denver metro area and Boulder, the only...

The big story: Parler sues Amazon after going offline President Donald Trump has found himself banned from most of the major social media and internet platforms, with companies pointing to his role in inciting the violent takeover of the U.S. Capitol last week, as well as his continuing statements expressing support for the rioters. Right-wing social network Parler might seem like an obvious beneficiary of those bans, but the app itself has come under scrutiny — Apple and Google removed it from their respective app stores for failing to moderate comments calling for violent or criminal beha...

France-based operator Orange flagged the expansion of its venture capital activities with the creation of a new, independent unit called Orange Ventures that will have a pot of around €350 million (US$425.4 million) for startup investments. Orange Ventures has taken over the portfolio of Orange Digital Ventures, which was launched with an initial funding allocation of €20 million ($24.3 million) in 2015 and grew into a €150 million ($182.4 million) corporate early-stage investment fund. The aim is to give the VC unit greater freedom to make investment decisions, with a focus on high-grow...