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With backers like Tiger Global, LatAm crypto exchange Bisto raises $250M at a $2.2B valuation

Bitso, a regulated crypto exchange in Latin America, announced today it has raised $250 million in a Series C round of funding that values the company at $2.2 billion.Tiger Global and Coatue co-led th

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Kenya’s Lami raises $1.8M to scale API insurance platform across Africa

Africa’s insurance market stands at a 3% penetration rate, per a McKinsey study in 2018 comparing six insurance regions on the continent. If the South African market is excluded, this number dro

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Riot Games and Konvoy Ventures back games publisher Carry1st in $6M Series A

Africa is the last frontier for basically anything. Mobile gaming is no exception. For a continent that is home to more than 1 billion millennials and Gen Zers, mobile gaming has never really picked u

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Gatheround raises millions from Homebrew, Bloomberg and Stripe’s COO to help remote workers connect

Remote work is no longer a new topic, as much of the world has now been doing it for a year or more because of the COVID-19 pandemic.Companies — big and small — have had to react in myriad

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Digitization helps to build online library of historical tomes

For the 26th World Book and Copyright Day last week, 10 Chinese libraries jointly released the digitized editions of over 1,700 volumes of ancient Chinese books.This is the fourth expansion of the nat

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Armed with $160M in funding, LatAm’s Merama enters the e-commerce land grab

Merama, a five-month old e-commerce startup focused on Latin America, announced today that it has raised $60 million in seed and Series A funding and $100 million in debt.The money was raised “at well

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U.S. not India's best bet for pandemic support

A family member of a COVID-19 patient pleads to the media for support in providing oxygen for the relative admitted at LNJP hospital in New Delhi, India, April 25, 2021. /Getty Editor's note:S

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U.S. not India's best bet for pandemic support

A family member of a COVID-19 patient pleads to the media for support in providing oxygen for the relative admitted at LNJP hospital in New Delhi, India, April 25, 2021. /Getty Editor's note:S

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Vista Equity takes minority stake in Canada’s Vena with $242M investment

Vena, a Canadian company focused on the Corporate Performance Management (CPM) software space, has raised $242 million in Series C funding from Vista Equity Partners.As part of the financing, Vista Eq

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Kids-focused fintech Greenlight raises $260M in a16z-led Series D, nearly doubles valuation to $2.3B

Greenlight, the fintech company that pitches parents on kid-friendly bank accounts, has raised $260 million in a Series D funding round that nearly doubles its valuation to $2.3 billion.The funding co

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Canada’s newest unicorn: Clio raises $110M at a $1.6B valuation for legal tech

Clio, a software company that helps law practices run more efficiently with its cloud-based technology, announced Tuesday it has raised a $110 million Series E round co-led by T. Rowe Price Associates

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French Defence Minister Slams Marine Le Pen for Hailing Retired Soldiers' Anti-Islamism Drive

French Defence Minister Florence Parly has slammed Marine Le Pen, head of the French political party National Rally, for her readiness to support hundreds of the countr

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'Serious Mistakes': Norwegian Top Health Bureaucrat Lunges at EU Infection Watchdog Over COVID-19

The Norwegian Health Ministry's top bureaucrat Bjørn-Inge Larsen has accused the European Infection Control Agency (ECDC) of having made "serious mistakes" during the p

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How Brex more than doubled its valuation in a year

Brex, a fintech company that provides corporate cards and spend-management software to businesses, announced earlier today that it closed a $425 million Series D round of capital at a valuation of aro

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Cloudflare rallies the troops to fight off another so-called patent troll

Nearly four years ago, we wrote about a battle between Cloudflare, the San Francisco-based internet security and performance company, and Blackbird Technologies, a firm that quickly amassed dozens of

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SLAIT’s real-time sign language translation promises more accessible online communication

Sign language is used by millions of people around the world, but unlike Spanish, Mandarin or even Latin, there’s no automatic translation available for those who can’t use it. SLAIT claim

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Mighty Networks raises $50M to build a creator economy for the masses

Mighty Networks, a platform designed to give creators and brands a dedicated place to start and grow communities, has closed on $50 million in a Series B funding round led by Owl Ventures.Ziff Capital