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Alitheia Capital and Goodwell Investments have successfully exited their investment in Baobab Nigeria, marking the first exit from their joint uMunthu Fund. Baobab Nigeria, a financial institution focused on delivering inclusive banking

Ether’s (ETH) declining appeal as an investment comes from layer-2s draining value from the main network and a lack of community pushback on excessive token creation, a crypto venture capitalist says. “The

When Intel Capital announced its plans to spin out from semiconductor giant Intel in January, it came as a bit of a shock considering the firm has been operating as Intel’s venture

  Mediterrania Capital IV (MC IV), a private equity fund focused on North and West Africa, has secured additional support from the German development finance institution DEG, which has increased its investment

Law firm Shoosmiths has advised venture capital (VC) firm Lakestar on its investment as part of a $50 million series C fundraise into spend optimisation platform Vertice. The Series C investment will

Venture capital firms remain cautious about 2024 investments, with ecommerce ranking low on their priority list, according to a PitchBook survey of 53 firms. Only 30% expect to fund disruptive ecommerce technologies,

The California Infrastructure and Economic Development Bank (IBank) announced the appointment of Indian American Shrina Kurani as deputy director of venture capital, earlier this week. IBank is a state-owned and state-run financial