News

Swedfund, Sweden’s development finance institution (DFI), is providing a $20 million loan to the AfricaGoGreen Fund, a move aimed at increasing debt financing for businesses focused on reducing emissions and improving energy efficienc

Ventures Platform, one of West Africa’s most active early-stage venture capital firms, has completed the final close of its second pan-African fund at $84m, surpassing its initial target of $75m

President Donald Trump on Friday announced the creation of a “Space Academy” to train future civilian and military recruits for an arena where the United States faces rivalry with China.

Andreessen Horowitz has launched a new “Machine Age” fund with $1.1 billion raised. The firm’s aim with the new fund is to “open the throttle and accelerate the physical buildout of AI.”

Instinct, a startup founded only last year and helmed by a 23-year-old, has managed to ride the wave of AI enthusiasm toward a gargantuan valuation over the course of the summer

Logistics platform TrucksUp has raised $8.2 million in a funding round at a post-money valuation of $42.3 million from institutional investors and family offices

Agentic AI startup Runable has raised $21 million in a Series A funding round co-led by Susquehanna Venture Capital and Nexus Venture Partners, with participation from existing investors Together Fund and Array VC.

Kenyan startup Flowt, an AI-driven financial intelligence platform that makes Africa’s climate-smart businesses investable, has closed an undisclosed pre-seed round of funding.

Legato is targeting people with mild to moderate hearing loss, which represents the largest segment of the hearing-loss population, the startup says.

Apple announced on Wednesday that its next launch event is taking place on September 9, with a “Surprise and Shine” tagline. The event is expected to be a notable one, as Apple is rumored to unveil its long-awaited foldable iPhone.

Capital F, one of the few all-female-led VC firms, announced Wednesday the $17 million close of its debut fund. The firm backs companies building in the “female economy” — or the markets where women drive demand.

There is something deeply moving about Dolly Parton that goes beyond her extraordinary music. For those of us who admire her, perhaps the most enduring part of her story is not the fame, the records, the awards or the wealth, but the person she remained after all of them.