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Technology

One of Nigeria’s high profile angel investors is launching a fund for African startups – 98bmp

Olumide Soyombo is one of the well-known active angel investors in Nigeria tech startups and Africa at large. Since he began angel investing in 2014, Soyombo has invested in 33 startups, including Stripe-owned Paystack, PiggyVest, and TeamApt. Today, the investor is announcing the launch of Voltron Capital, a Pan-African venture capital firm he co-founded with Abe Choi, a U.S.-based entrepreneur and investor. Voltron will be deploying capital to roughly 30 […]

todayJuly 26, 2021 2

Technology

Untitled Ventures joins the scramble for Russian & Eastern European startups with a $118M warchest – 98bmp

Sorry Mr. Putin, but there’s a race on for Russian and Eastern European founders. And right now, those awful capitalists in the corrupt West are starting to out-gun the opposition! But seriously… only the other day a $100 million fund aimed at Russian speaking entrepreneurs appeared, and others are proliferating. Now, London-based Untitled Ventures plans to join their fray with a €100 million / $118M for its second fund to […]

todayJuly 22, 2021 4

Technology

How pitch training can help startups get their story right – 98bmp

When you hire a marketing consultant, you don’t necessarily expect to wind up discussing your life’s purpose. Yet, that is what Spanish marketing expert and entrepreneur Alex Barrera often ends up doing with startup founders who hire him to help improve their pitch. They think they are going to get help convincing investors, and they do, but the byproduct of the process is that they reframe their startup’s vision. In […]

todayJuly 18, 2021 3

Technology

startups and their VCs bet we’ll browse more of the web together – 98bmp

Last year, during the pandemic, a free browser extension called Netflix Party gained traction because it enabled people trapped in their homes to connect with far-flung friends and family by watching the same Netflix TV shows and movies simultaneously. It also enabled them to dish about the action in a side bar chat. Yet that company — later renamed Teleparty — was just the beginning, argue two young companies that […]

todayJuly 10, 2021 1

Technology

Startups, culture and riding the meme wave – 98bmp

Welcome back to The 98bmp Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Want it in your inbox every Saturday? Sign up here. Ready? Let’s talk money, startups and spicy IPO rumors. Hey! It’s going to be a long weekend here in the United States, which means that this newsletter is in between […]

todayJuly 4, 2021 2

Technology

Everyone wants to invest in open-source startups now – 98bmp

Welcome back to The 98bmp Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Want it in your inbox every Saturday? Sign up here. Ready? Let’s talk money, startups and spicy IPO rumors. Happy weekend, everyone. I hope that your week wasn’t too hectic and that you are getting a good recharge in. That […]

todayJune 27, 2021 1

Technology

SOSV, the global venture firm, just closed a $100 million fund to back its maturing startups – 98bmp

Sean O’Sullivan, the founder of the global venture outfit SOSV, has slowly but steadily built up a sizable operation over the years. SOSV started off as a family office, investing the capital of O’Sullivan after he cofounded two companies, including MapInfo, an outfit that went public in 1994 before Pitney Bowes it years later, in 2007. The seed-stage investing outfit went on to raise three more funds, including a $277 […]

todayJune 12, 2021 1

Technology

Lux Capital has raised $1.5 billion more to invest in — and create — new startups – 98bmp

The fundraising continues apace in the go-go world of venture capital. Today, it’s Lux Capital — known for its frontier investing — that has closed a $675 million early-stage venture fund and an $800 million growth-stage fund from its existing LPs, including many of the foundations, endowments, and family offices that have backed the firm from its start in 2000. It’s easy to appreciate why they would re-up. Over the […]

todayJune 3, 2021 2

Technology

For startups, trustworthy security means going above and beyond compliance standards – 98bmp

Oren Yunger is an investor at GGV Capital, where he leads the cybersecurity vertical and drives investments in enterprise IT, data infrastructure, and developer tools. He was previously chief information security officer at a SaaS company and a public financial institution. More posts by this contributor Winning enterprise sales teams know how to persuade the Chief Objection Officer 6 CISOs share their game plans for a post-pandemic world When it […]

todayMay 31, 2021 2

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