Wednesday, February 12, 2025
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QED leads $11M investment in Nigerian fintech Raenest

As Africa’s tech ecosystem booms, more local talent is landing remote jobs with Big Tech firms and global startups. But getting paid remains a...

Macron unveils a $112B AI investment package, France’s answer to Stargate

French President Emmanuel Macron announced a total of €109 billion in private investments in the AI ecosystem (around $112 billion at current exchange rates)...

Data center operator DataBank nets $250M equity investment

The data center market is booming, driven by AI demand. Just last week, OpenAI said that it plans to team up with backers including...

Clearwater agrees to buy investment management platform Enfusion for $1.5B

Clearwater Analytics, a company developing accounting, compliance, and risk reporting tools for asset managers, said on Monday it has entered into a definitive agreement...

Toyota is ‘exploring rockets’ and has made its first investment into Interstellar Technologies

Japanese automaker Toyota is “exploring rockets,” chairman Akio Toyoda announced on stage at CES 2025 on Monday, while hinting at the idea of moving...

Google joins $90M investment into Cassava to bolster Africa’s digital infrastructure

With cloud spend continuing to surge, tech companies are scrambling to meet demand for the necessary infrastructure, with the growing need for AI compute...

Jay Z’s Marcy Venture Partners merges with investment arm of Pendulum Holdings

Jay Z’s venture capital firm, Marcy Venture Partners, has merged with another Black-owned investment firm, Pendulum Holding’s investment arm Pendulum Opportunities, to form MarcyPen...

SoftBank CEO announces a $100 billion investment into the US

On Monday, SoftBank CEO Masayoshi Son joined President-elect Donald Trump to announce that his company would invest $100 billion into the US over the...

SolarSquare secures India’s largest solar venture investment

SolarSquare has raised $40 million in a round led by Lightspeed in what is the largest venture round in India’s solar sector. The Mumbai-based startup...
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