Fintech leads other tech startups in attracting investors

Fintechs, Microfinance

Fintechs are leading other segments of the tech ecosystem, such as agritech, edutech, healthtech etc, in attracting investors. A startup and venture capitalist ecosystem report released earlier this month, which assessed the African tech startup funding activities for Q1 and Q2 2018, uncovered that fintech closed the highest number of deals beating other tech startups. […]

Millennials are making move on tech funds

At the age of 27, Andre de Haes raised 30 million euros ($36 million) for his London-based venture capital fund, Backed VC. Now 30, he and his 29-year-old business partner Alex Brunicki are among a cohort of young investors who are having a greater say in how the billions that have flowed into European venture […]

Apple to build Iowa data center, gets $207.8 million in incentives

Apple Inc will build a $1.375 billion data center in Waukee near Des Moines, Apple and Iowa officials said on Thursday, with $207.8 million in incentives approved by the Iowa Economic Development Authority, Reuters reports. Apple will purchase 2,000 acres (8.09 square km) of land in Waukee to build two data centers. The company will […]

Samsung’s new Berlin venture fund office seeks new deals in Europe


Samsung Electronics Co. is opening an office in Berlin that will serve as a hub for scouting startup investments and acquisitions in Europe, according to a Bloomberg report. Samsung NEXT, the South Korean tech giant’s $150 million venture capital fund, has two investors on the ground in Berlin and is scouting office space for next […]