Tag Archives: techcrunch

Andela CEO confirms staff cuts as layoffs hit African tech

Africa-focused tech skill accelerator Andela has release 135 staff members, CEO Jeremy Johnson validated to TechCrunch. Senior personnel at the business —– with workplaces in New York and 5 African nations —– will likewise take wage cuts of 10% to 30%. The settlement and personnel decreases are an outcome of the financial effect of the […]

An LA-led, public-private partnership pitches a $150B green infrastructure package to Congress

Representatives from the energy and the federal government handling the power of Los Angeles are proposing a sweeping facilities bundle worth approximately $150 billion fixated the broad electrification of transport and market. Drafted by the Los Angeles-based public-private Transportation Electrification Partnership , a partnership in between the Office of Mayor Eric Garcetti, Southern California Edison, […]

Daily Crunch: Stripe now valued at $36B

Stripe raises brand-new financing, Uber acknowledges monetary unpredictability and a questionable facial acknowledgment start-up unintentionally exposes its source code. Here’s your Daily Crunch for April 17, 2020. 1. Stripe raises $600M at $36B evaluation in Series G extension, states it has $2B on its balance sheet The economy might be contracting as an outcome of […]

CcHub funds tech to curb COVID-19 on concerns of an Africa outbreak

Africa’s biggest development incubator, CcHub , will provide financing and engineering assistance to tech jobs focused on suppressing COVID-19 and its financial and social effect. The Lagos and Nairobi based company published an open application on its site today, CcHub CEO Bosun Tijani informed TechCrunch on a call. CcHub will supply $5000 to $100,000 financing […]

Did African startups raise $496M, $1B or $2B in 2019?

Five years earlier, it was tough to come by any numbers for yearly VC financial investment in Africa. Nowadays the obstacle is picking which number to follow. That’s the case for 3 endeavor financing research studies for Africa that showed up differed outcomes. .The numbers and difference. Investment statistics launched by media outlet Disrupt Africa […]

Announcing the agenda for TC Sessions: Mobility 2020

TC Sessions: Mobility is back in San Jose on May 14, and we’re excited to give the first peek of what and who is coming to the main stage. We’re not revealing everything just yet, but already this agenda highlights some of the best and brightest minds in autonomous vehicles, electrification and shared mobility. We’ve […]