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NVCA updates industry standard model legal documents to empower venture community
NVCA has announced significant updates to five of its premier model legal documents.
Lawyer.com launches Million Dollar AI Challenge to expand legal access
Lawyer.com is ramping up a worldwide search to discover the next groundbreaking innovation in Legal AI.
Kenyan government drops fraud charges against Nigerian fintech Flutterwave
The Kenyan government has dropped charges of financial impropriety against Flutterwave, according to a new report by Bloomberg.
President Buhari signs Nigeria Startup Bill into law
Nigeria has become the latest country to pass a Startup Bill, giving a more formal approach to how the startup ecosystem is governed.
London-based Genie AI launches Startup Starter Pack, a free open source legal template library for startups
Genie AI, a machine learning company based in London, has launched Startup Starter Pack, a free open source legal template library with contract templates for small businesses and startups.
London-based mental health startup Thalamos raises $1m to digitise the Mental Health Act
London-based mental health startup Thalamos announced it has raised €1 million seed round to digitise the Mental Health Act.
Lefebvre Sarrut launches second edition its European startups accelerator, LightSpeed
Lefebvre Sarrut Group reaffirmed its commitment to innovation and invites European startups to participate in the new edition of LightSpeed, its startup accelerator.
English cyber security startup CultureAI raises $4m seed round to measure and mitigate human cyber security risk
CultureAI, the human cyber security platform founded by professional hackers, announced the closing of a $4 million Seed round to fuel its rapid growth.
[Startup Interview] Sophie Tarif, Nina van Boxtel, Founders, BOETIEK, Netherlands
BOETIEK, a Dutch startup, works with local boutiques and brands to increase audiences and increase online sales. The platform offers a wide range of products and services from latest fashion trends to new online boutiques and concept stores.
[Startup Interview] Dave Withers, CEO, Vertis, USA
Vertis is a US-based startup that leverages billions of data points and proprietary data science to help business leaders implement data-driven talent and location strategies.
Heritage enters strategic partnership with insurtech startup Slide to accelerate growth
Heritage Insurance, a super-regional property and casualty insurance holding company, announced it has entered into a strategic partnership with Slide, a startup InsurTech P&C carrier led by Bruce Lucas, Heritage's former Chairman and CEO.
Wellington-based metal casting startup Foundry Lab emerges from stealth, raises $8m Series A round
Digital metal casting startup Foundry Lab emerged from stealth, announcing a $8 million Series A raise led by Blackbird and showcasing its ability to create functional metal parts in less than a day.
French high-tech startup PlanetWatch selects city of Miami to deploy air quality monitoring network
PlanetWatch, the world's first decentralized indoor and outdoor air quality monitoring network built on the Algorand blockchain, has selected the city of Miami to deploy a network of its sensors citywide.
Canadian startup OutPoint raises $1.2m to help high-growth brands improve paid marketing effectiveness
OutPoint, an automated media mix modeling (MMM) platform, announced it raised $1.2 million in pre-seed funding to transform how high-growth consumer brands measure paid media effectiveness and diversify marketing investments.
Axelar secures investment from Crypto.com Capital to bolster its efforts to connect blockchain ecosystems
Axelar, the universal interoperability network connecting all blockchain ecosystems, applications, assets, and users, announced it has secured a strategic investment from Crypto.com Capital, the investment arm of cryptocurrency giant Crypto.com.
Lithuanian peer-to-peer crypto-asset swapping startup 123swap closes $210k seed round
Lithuanian peer-to-peer crypto assets swap platform123swap Finance announced it closed $210k seed round funding from a number of angel investors, including Becker Venture Capital and Steven Becker.
Estonian startup Gelatex raises €1.2m seed round for affordable and scalable manufactured cell-cultured meat
Estonian startup Gelatex announced it raised €1.2m seed round for affordable and scalable manufactured cell-cultured meat, making it cheaper than ever.
Croatian AI startup Mindsmiths receives $1.4m seed funding to develop and expand its ASS platform
Globally awarded Croatian AI startup Mindsmiths received $1.4 million in seed funding from Feelsgood investment fund which supports companies with proven positive social impact.
Chinese gaming and entertainment startup Talon closes $5m Series A funding to accelerate growth
Talon, the Hong Kong headquartered competitive gaming, entertainment and culture brand announced it has secured $5 million in equity capital in its Series A financing round.
KingsCrowd partners with Backstage Capital to educate new generation of startup investors
KingsCrowd, the online private market's first and only data-driven ratings and analytics platform, has reached a strategic partnership with Backstage Capital, to educate a new generation of startup investors.
Bio-material tech startup Cruz Foam closes $2.5m seed funding to accelerate circular protective packaging solutions
Cruz Foam, a mission-driven sustainable materials company, announced it has closed $2.5 million in seed funding in a raise led by At One Ventures to enable the transition toward a circular economy.
Robotics startup HaptX raises $4m investment from Crescent Cove Advisors to accelerate expansion
HaptX, the provider of realistic haptic gloves for VR and robotics, announced it has secured a $4 million credit facility from Crescent Cove Advisors, bringing HaptX's Series A funding to $28m, and the company's total funding to $35m.
Agritech startup FarmSense receives $2.2m SBIR funding for development of biosecurity measures against native and invasive pests
FarmSense, the agritech startup and creator of Smart Flight Sensors, announced it has been awarded Small Business Innovation Research (SBIR) funds in the amount of more than $2.2 million.
Brazilian fintech startup TruePay raises $32m Series A funding for team and product development
TruePay, a Brazilian startup whose innovative payment solution helps small and medium sized retailers have free and secure access to credit, has raised $32 million in Series A funding led by Addition.
Miami-based VC firm Borderless Capital closes $10m PLANETS.Fund to build green data economy on Algorand
Borderless Capital, the Miami-based venture capital firm dedicated to the Algorand ecosystem, announced the closing of PLANETS.Fund, a $10 millionn fund focused on building a green data economy.
Kigali-based agriculture startup AflaSight, partners launch innovative projects to improve maize quality in Rwanda
The World Food Programme, IFC, Kigali-based agriculture startup AflaSight, and research firm Vanguard Economics launched innovative projects to help farmers and grain traders reduce the prevalence of aflatoxins in crops and grains in Rwanda.
Toronto-based mobility startup Treepz expands to East Africa, acquires Uganda's Ugabus
In a bid to digitize the public transportation system and provide safer, reliable and comfortable commute options across Africa, Toronto-based shared mobility company Treepz, announced its acquisition of a similar Ugandan bus company Ugabus.
Africa-based cryptocurrency exchange Busha raises $4.2m seed round to deepen its market positioning
Africa-based cryptocurrency exchange Busha, raised $4.2 million seed round led by Jump Capital. Cadenza Ventures, Blockwall Capital, CMT Digital, Greenhouse Capital, Raba Capital, and other investors also participated in the financing round.
Israeli foodtech startup Imagindairy closes $13m seed round to advance animal-free dairy
Imagindairy, a foodtech company creating milk proteins identical to those from cows, announced completion of a $13 milion seed round, led by MoreVC, a leading seed stage investor in Israel managing $275 million across three funds.
Crowd Capital joins FinHealth US 2021 accelerator program for early-stage startups
Crowd Capital has been selected to participate in FinHealth US 2021. This will enhance Crowd Capital's mission to offer families facing financial hardship.
Fintech startup and shareholder loyalty pioneer TiiCKER launches Android app
TiiCKER hit the trifecta with the addition of an Android app to its web and iOS portals, giving America's estimated 130 million retail investors instant access to loyalty rewards.
Kenyan gaming startup Usiku Games develops Africa’s first mobile football game
Kenyan gaming startup Usiku Games unveiled an amateur football mobile game to promote outdoor physical activities and encourage sportsmanship among youths in East Africa.
South African fintech firm Ozow raises $48m Series B round to accelerate growth
South African fintech firm Ozow raised $48 million Series B funding round led by Chinese internet giant Tencent. Other investors Endeavor Catalyst and Endeavor Harvest Fund participating also participated in the round.
Seattle-area startup Lassen Peak raises $10m seed funding for weapons search technology
Seattle-area startup Lassen Peak announced the completion of Seed financing of $10 million with Alpha Intelligence Capital, Lauder Partners, Orbit Venture Partners, and other strategic seed investors participating in the investments.
Virginia medtech and sportstech startup OxiWear closes pre-seed funding round at $1.25m
OxiWear announced it successfully closed a pre-seed funding round at $1.25 million, oversubscribed above its goal of $750,000.
World's innovation platform Plug and Play launches in Basel, Switzerland
The largest innovation enabler in the world, Plug and Play, announced the launch of a new office in Basel, Switzerland, in partnership with the first Founding Partner, uptownBasel.
Israeli Medical device startup Filterlex closes $6m Series A1 investment to accelerate CAPTIS cardiovascular clinical program
Filterlex Medical, a cardiovascular medical device startup, announced it completed a $6 million series A1 investment round from private healthcare investors.
London-based healthcare startup Gravitiq raises $55m seed round to expand portfolio of e-Commerce healthcare brands
Gravitiq, the doctor-founded and led healthcare brand aggregator, announced the close of its seed funding round, raising a total of $55 million.
Crypto Valley Venture Capital initiates investment strategy to build blockchain accelerator for African startups
African blockchain disruptors and early-stage startups have joined CV Labs Global Incubation Program Batch 03. The African contingent of incubatees is reflective of Crypto Valley Venture Capital’s (CV VC) global investment strategy.
GROWMARK and CHS launch Cooperative Ventures to drive technology advancements for agritech startups
GROWMARK and CHS announced the formation of Cooperative Ventures, a new capital fund that will focus on creating advancements in breakthrough technologies for the agriculture industry.
Nigerian healthtech startup Helium acquires doctor booking platform Meddy
Helium Health (Helium), the healthcare technology provider in Africa, announced it has completed the acquisition of Meddy, the GCC-based doctor booking platform, which has operations in Qatar and the U.A.E.
Fort Ross Ventures announces first closing of $200m late-stage fund
Fort Ross Ventures, an international venture-capital firm focused on startups in the U.S. and Israel, announced the $100 million first closing of its late-stage fund.
Israeli logistics AI startup Amphorica partners with Swiss investor Falco Capital to accelerate growth
Falco Capital and Amphorica jointly announced the closing of a capital investment and cooperation agreement. As part of the agreement, Amphorica appoints Falco Capital partner Peter Salzer, as Director of the company's board.
Illumina and Sequoia Capital select first startups to join Genomics Incubator in China
Illumina and Sequoia Capital China, an investment firm, jointly announced the selection of the first two startup companies joining the Sequoia Capital China Intelligent Healthcare Genomics Incubator, Powered by Illumina.
Israeli femtech startup illumigyn partners with Peramare Pharmaceuticals to bring innovative gynecological imaging platform to Nigeria
illumigyn, world's first remote gynecological imaging platform, announced its new distribution agreement with Peramare Pharmaceuticals Nigeria, to deploy 5,000 Gynescopes in Nigeria by 2026.
Robert Bosch Venture Capital GmbH joins Variantyx's $26m Series C funding round
Robert Bosch Venture Capital GmbH, the corporate venture capital company of the Bosch Group, has completed an investment in Variantyx, to improve personalized oncology treatment.
Indonesia's Hypefast emerges from stealth mode as the largest house of e-Commerce native brands in Southeast Asia
Hypefast, Southeast Asia's (SEA) largest house of e-Commerce native brands, announced it has grown its portfolio to more than 25 brands and has been achieving full profitability.
Israeli startup EasySend raises $55.5m to help enterprises build, maintain digital customer journeys with its no-code platform
EasySend, a no-code digital customer journey platform announced a $50.5 million Series B funding round led by Oak HC/FT. Existing investors Vertex IL, Intel Capital, and Hanaco Venture also participated in the round.
Firmware security startup NetRise emerges from stealth with $6.8m seed round
NetRise, the company solving the world's firmware security problem, has emerged from stealth by closing their $6.8 million Seed Round led by Miramar Digital Ventures, with Sorenson Ventures, DNX Ventures and multiple strategic angels.
AI-informed physical security startup Hakimo raises $4m seed round
Hakimo, an AI platform designed to bring cybersecurity-like tools to the physical security industry, announced $4 million seed funding.
Finnish heathcare startup Valo Tx raises €11m to advance PeptiCRAd immunotherapy platform into the clinic
Valo Therapeutics Oy (Valo Tx), the developer of novel, adaptable immunotherapy platforms for cancer and infectious diseases, raised €11 million in an oversubscribed Pre-IPO funding round.
Japanese VR startup HIKKY raises $57m Series A funding to expand its services domestically and abroad
Virtual reality (VR) startup and organizers of VR events in the world HIKKY raised 6.5 billion yen ($57 million) in an initial stage of its Series A funding round.
BrokerTech Ventures accelerator opens for 2022 cohort applications
BrokerTech Ventures (BTV), the industry's first broker-led convening platform and accelerator program focused on delivering innovation to the insurance broker industry, has opened the application window for its 2022 BrokerTech Ventures Accelerator program.
Kenyan fintech startup Kwara launches regional offices to reach SACCOs across the country
Kenyan fintech startup Kwara opened regional offices in the Western, Central, Rift Valley and Coastal regions of Kenya as part of its expansion in the country.
South Africa's emergency marketplace startup AURA secures R62m Series A funding for global expansion
AURA, the African-based security and medical response marketplace secured R62 million in a Series A funding round, led by MultiChoice Group (MCG), KLT Holdings and Buffet Investments, positioning AURA favourably for its global expansion plans.
Home fashion startup Modern Matter raises $1.2m seed round to accelerate growth of its e-Commerce platform
Modern Matter, a design company and manufacturer of decorative and architectural hardware, raised $1.2 million in seed capital. Modern Matter collaborates with leading designers to develop exclusive hardware designs for luxury homeowners.
Healthtech startup Sigrid Therapeutics raises $8.4m from US, Irish and Swedish investors for diabetes breakthrough
Swedish healthtech startup Sigrid Therapeutics is set to prevent two of the world's biggest health challenges, type 2 diabetes and obesity with its SiPore15® powder.
Investor Advisor Seed Ventures closes first round
Investor Advisor Seed Ventures (IA Seed Ventures) announced the first closing of its new venture fund with investments in five companies. These deals mark the beginning of active investment for this new network of accomplished investors.
South African fleet-tech startup KeyTec and LocoNav enter Africa's video telematics market
South Africa fleet-tech startup KeyTec has partnered with LocoNav to capture the emerging and high-growth video telematics market throughout Africa.
Kenyan Mental health startup Shamiri Institute raises $1m, expands to the rest of Africa
Shamiri Institute, a Kenyan mental health startup has raised $1 million in funding from the Templeton World Charity Foundation to tackle the scourge of mental health in Kenya and the rest of the African continent.
Community knowledge sharing startup 7th Ave raises $2.5m seed round
7th Ave, a knowledge sharing platform for Black professionals, creatives, entrepreneurs, and students announced a $2.5 million seed round to create a space where mindful discovery, discussion, and community take place.
Compliance startup Laika raises $35m Series B to help companies ace security audits
Laika, the industry's first unified compliance-as-a-service platform, announced it has closed $35 million in Series B funding led by J.P. Morgan Growth Equity Partners with participation from PayPal Ventures.
London-based insurtech startup Collective Benefits announces $10m investment from Prosus
Collective Benefits, an insurance and benefits marketplace for independent workers, announced a $10 million investment from Prosus Ventures, the venture investing arm of Prosus, one of technology investors in the world.
Indian full-stack agritech startup DeHaat raises $115m Series D round
DeHaat, the technology-based platform offering end-to-end agricultural services to farmers in India, announced it has raised $115 million in Series D funding, led by Belgium based investment firm Sofina and Lightrock India.
Romanian startup Flip lands €1.5m from Prosus-owned eMAG, plans CEE leadership in refurbished products
Flip, a Romanian startup in the Recommerce market, landed the first eMAG Ventures accelerated investment worth 1.5 million euros and targets the leading position in Central and Eastern Europe.
Israeli medical device startup Innoventric wins Horizon Europe Grant, secures $14m Series A investment
Israeli medical device startup Innoventric, secured $14 million through its Series A financing, including the prestigious Horizon Europe Grant for the sum of €2.5 million.
Berlin-based investment platform Moonfare raises $125m Series C to accelerate global growth
Moonfare, the digital private equity investment platform for individual investors, raised $125 million in Series C funding, led by New York-based Insight Partners, to continue to develop innovative investment solutions and accelerate its international expansion.
Kenyan fintech startup Kwara partners with Lami Technologies to give SACCO members access to insurance products
Kenyan digital banking fintech startup Kwara has partnered with insurance technology company, Lami Technologies, to provide SACCO members with affordable and transformational insurance products.
Four Ghanaian startups join the Catalyst Fund Inclusive Digital Commerce accelerator
Four startups from Ghana have joined The Catalyst Fund Inclusive Digital Commerce Accelerator, a programme that supports innovators building digital commerce solutions.
Kenyan-based payroll startup Workpay expands to Nigeria
Workpay, a Nairobi-based YC graduate, is expanding its operations to Nigeria. The cloud-based workforce management startup will now offer Core HR, Payroll, and employee record services to organizations in the country.
DLA Piper advises GigCapital5 in $230m IPO
DLA Piper represented GigCapital5, Inc. in its initial public offering of 23,000,000 units at a price of $10 per unit, including 3,000,000 units issued upon the exercise of the over–allotment option granted to the underwriters.
DLA Piper advises investment analytics platform Aumni in $50m Series B financing
DLA Piper represented Aumni, an investment analytics platform that provides the data infrastructure for private capital markets, in a $50 million Series B funding round led by J.P. Morgan.
Four Southern Africa’s innovative legal startups proceed to HiiL Justice Accelerator
The Hague Institute for Innovation of Law (HiiL) has announced the four startups that will go on to the prestigious HiiL Justice Accelerator. The four innovators are part of a global cohort of 18 organisations who will receive €10 000 funding and business development support.
New Zealand legaltech startup LawVu raises $17m Series A funding to expand its category leadership
Legaltech startup for in-house legal teams, LawVu, announced it has raised $17 million NZD in Series A funding led by New York-based global private equity and venture capital firm Insight Partners with support from Australian venture capital firm AirTree Ventures.
Legaltech startup Hello Divorce raises $2m seed round to disrupt the broken divorce process
Hello Divorce, the legaltech platform for affordable, less-stressful divorces, announced a seed investment of $2 million led by disruptive tech investor CEAS.
UK-based legaltech startup Clara opens in Dubai following investment from DIFC FinTech Fund
Dubai International Financial Centre (DIFC), the global financial centre in the Middle East, Africa and South Asia (MEASA) region, announced it has invested in UK-based legaltech startup, Clara.
DLA Piper advises 4G Clinical in $230m growth equity investment from Goldman Sachs Asset Management
DLA Piper represented 4G Clinical, a cutting-edge randomization and trial supply management (RTSM) company serving the life sciences industry, in a growth equity investment of over $230 million from Goldman Sachs Asset Management.
Seven South African legal startups to pitch for €10,000 grant
The Hague Institute for Innovation of Law (HiiL) kicked off its annual global Innovating Justice Challenge in search of the region’s best justice-related social entrepreneurs in March this year.
Aussie legaltech startup goes global wiith COVID-19 diagnosis tool
Australian legaltech startup Rulestar is demonstrating how its software, built to automate complex legal documents, can improve COVID-19 decision-making.
HiiL opens applications for Justice Accelerator for Southern Africa startups
The Hague Institute for Innovation of Law (HiiL) is calling on all game-changing justice startups that want to grow their social impact and business to participate in this year’s HiiL Innovating Justice Challenge.
DLA Piper named top three law firm for combined M&A, venture capital, private equity deal volume by PitchBook
DLA Piper announced that the firm ranked among the top three most active law firms for combined global deal volume in M&A, venture capital and private equity in 2020, according to PitchBook.
Global law firm DLA Piper advises Atlanta-based startup Calendly on its $350m Series B financing
DLA Piper represented Calendly, an Atlanta-based provider of appointment scheduling software, in its recent $350 million Series B financing, resulting in its subsequent valuation at more than $3 billion.
US-based investment firm Bryce Catalyst announces $1.75m seed round for dealcloser
dealcloser, a transaction management hub for legal professionals, announced it has closed a $1.75m seed round from Bryce Catalyst
Global law firm DLA Piper advises Atlanta-based startup SalesLoft on its $100m Series E financing
DLA Piper represented Atlanta-based startup SalesLoft in its recent $100 million Series E financing led by Owl Rock Capital, with participation from Insight Partners, HarbourVest, and Emergence.
Taiwanese startup A.V. Mapping solves copyright battles for creators
First time CES exhibitor A.V. Mapping, which was selected by Taiwan Tech Arena (TTA) as one of the 100 featured Taiwanese startups being showcased at CES 2021, is promoting its patented AI platform as a solution to the problem of copyright infringement.
Danish legaltech startup Contractbook raises $9.4m to accelerate data-driven document automation
Contractbook, a legal tech automation company based in Copenhagen, Denmark, announced it has closed on a $9.4 million Series A investment round, led by Bessemer Venture Partners with participation from existing investors.
Influential global Marcomm network to partner with Mediaspace.global
International Advertising Association is partnering up with its youngest member, Mediaspace.global, the brand-new professional social platform for media, marketing, tech, innovation and regulation.
[Startup Interview] Kinga Incze, Founder & CEO, Mediaspace.global, UK
Startup Weekly talks with Kinga Incze, founder of Mediaspace.global, a new, independent social platform for media, marketing, tech, law, innovation and regulation company based in London, UK.
British legal tech startup Thirdfort raises £1m in seed-plus funding round
British Legal tech startup Thirdfort secured £1 million in its latest fund raising, as the security specialist looks to capitalise on increasing demand from law firms.
UK legaltech startup Clara secures rights to incorporate companies in the Cayman Islands and Abu Dhabi
Clara, the London-based legaltech company, has announced that it has secured the rights to incorporate companies in two of the world's most popular jurisdictions for raising venture capital
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here