Africa's Markets, Startups & Money Moves — Updated Daily

Video-Generation Startup PixVerse Valuation Crosses Over $2 Billion

PixVerse has closed its Series C extension, with a total of $439 million raised in the round. The company told TechCrunch that, with the new tranche of funding, its valuation has crossed over $2 billion.

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Runway Launches Venture Fund to Invest in Early-Stage Companies

The AI video-generation startup has launched a $10 million venture fund to invest in early-stage companies building across AI, media, and world simulation, the company’s founders told TechCrunch.

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