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The new funding, mPharma co-founder and CEO Gregory Rockson told TechCrunch, will be used to build the startup’s data infrastructure, triple its talent pool over the next three years and support expansion plans in its current and new markets.
1) The e-commerce site where products fund projects. Launching – and funding – several crowd commerce campaigns. Launching – and funding – several crowd commerce campaigns. Similar to a Kickstarter model, these campaigns use products to fund projects. As of May 2013, w4tw was over-funded by $16,285 from a cool $25K.
We competed against other participating organizations, racing against the clock to raise funds and secure matching funding from the Skoll Foundation. For example, Martus can now be configured in less than 10 minutes by anyone with basic digital literacy skills. The Challenge ran for six weeks through December 5th.
Pula , a Kenyan insurtech startup that specialises in digital and agricultural insurance to derisk millions of smallholder farmers across Africa, has closed a Series A investment of $6 million. “With our latest funding, now is the time to break into new ground. Agriculture insurance has traditionally relied on farm business. .”
They include Algeria, Botswana, Egypt, Kenya, Lesotho, Malawi, Mauritius, Morocco, Mozambique, Senegal, Seychelles and South Africa. Next , they request the funds via bank transfer, leading to more incurred costs or use other cross-border money platforms like WorldRemit.
Founded in 2013 by Rockson , Daniel Shoukimas and James Finucane , mPharma is one of the well-funded startups across Africa raising over $50 million since inception, this includes a Series C round of $17 million, led by UK’s development arm CDC Group, it received last year. We currently have five centers open.
San Francisco-based venture capital firm Runa Capital, Ace & Company, Todd & Rahul Angel Fund and Vibe VC participated. They range from digital banks to post-Series A fintechs and “companies founded on the basis of Union54’s availability.” . The Zambian company will also use the funds to expand its regional customer base. .
mPharma disclosed to TechCrunch that it has acquired a 55 percent stake previously held by the Abraaj Group, a private equity firm that collapsed after investors, including the Bill and Melinda Gates Foundation, sounded an alarm over the administration of its $1 billion healthcare fund. s development finance institution, last year.
Starting this week, you can vote for the best NetSquared Innovation Fund Award nominated projects until Saturday, April 14th at Noon PDT. CompuMentor has created a Technology Innovation Fund to provide direct cash support to projects selected by the NetSquared Community. Community-Owned Telecenter Project in Malawi.
Today, the Los Angeles nanny funds a school in her native Malawi -- where half a million children have been orphaned by the disease." I've included part of the nominees' profiles below, as they are written up on the site, but added links to their organizations and projects where I could find them.
It began on this path by building and distributing an end-to-end digital insurance platform and API that allowed businesses in different sectors to create tailored insurance solutions for their customers. These plans also include enabling the digitization of traditional insurers as innovation continues to shape the industry.
Eric Dayton, Director of Data at buildOn , faced many unknowns when he came home from Malawi on March 3rd, a week before the COVID shutdown. Fortunately, buildOn’s ongoing investment in their digital transformation helped the organization shift gears smoothly and chart a course of action during the early days of the pandemic. .
Eric Dayton, Director of Data at buildOn , faced many unknowns when he came home from Malawi on March 3rd, a week before the COVID shutdown. Fortunately, buildOn’s ongoing investment in their digital transformation helped the organization shift gears smoothly and chart a course of action during the early days of the pandemic. .
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