News #startups

VC firm 137 Ventures announced Thursday that it has raised more than $700 million across two new growth-stage funds to back startups “with the potential for significant market impact.”

NudgeBee, an AI platform focused on cloud operations, has raised $3 million in a seed funding round led by Kalaari Capital, with participation from technology founders.

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Accelerate36, a collaborative initiative aimed at strengthening Namibia’s startup ecosystem and create a pathway for high-growth startups to access public capital markets, has been launched in Windhoek.

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Araxi Limited (formerly Capital Appreciation Limited) has agreed to acquire an 80% stake in Pay@ Group for R1bn ($62.3 million).

India has cleared a $1.1 billion state-backed venture capital program that will channel government money into startups through private investors

India is adjusting its startup rules, and mobilizing public capital, hoping to help more of them make it to commercial products.

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