Africa has made its global IPO debut. Pan-African e-commerce company Jumia—a $1 billion-valued company—began trading live on the NYSE last week. The stock offering made Jumia the first upstart operating in Africa to list on a major global exchange. This raises expectations for unicorns and IPOs to create the continent’s first wave of startup moguls.…
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SAN JOSE — Zoom Video Communications partied Friday evening in downtown San Jose like it was, well, 2019. The cloud-based video and web conferencing upstart went public this week, and on Friday went to a party at bustling San Pedro Square to toast the tech company’s success. Employees wore Zoom shirts to the event in…
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Joanna Glasner Contributor More posts by this contributor A record $2.5B went to US insurance startup deals last year, and big insurers are in all the way Space tech rockets higher In a foodie’s ideal world, we’d all eat healthy, minimally processed cuisine sourced from artisanal farmers, bakers and chefs. In the real world, however,…
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MOUNTAIN VIEW, CA, Moveworks has raised a $30M Series A funding from leading venture capital firms Bain Capital Ventures and Lightspeed Venture Partners.
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Back in January, Sequoia India announced plans for its first early-stage startup accelerator program in India and Southeast Asia, and today the firm revealed the first cohort of 17 startups. To recap, the program — which is called Surge — gives each startup a $1.5 million check and participation in a four-month program that’s split…
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