Kaszek Ventures raises $600 million in two funds as Latin America’s startup market booms

Kaszek Ventures, the investment firm that has been one of the primary architects of the recent boom in startup financing and growth in Latin America, has just raised $600 million across two new funds. The new commitments (raised in roughly two months) put Kaszek’s total capital under management at roughly $1 billion, making the firm […]

VCs bet on Aegis AI, a startup using computer vision to detect guns

A new startup using computer vision software to turn security cameras into gun-detecting smart cameras has raised $2.2 million in venture capital funding in a round led by Bling Capital, with participation from Upside Partnership and Tensility Venture Partners. Aegis AI sells to U.S. corporations and school district its technology, which scans thousands of video […]

Domino’s serves up self-driving pizza delivery pilot in Houston

Domino’s really emphasizes its commitment to “innovation,” but even if it’s a marketing tactic, the global pizza brand does indeed walk the walk. Case in point: It’s launching a new pilot for self-driving pizza delivery in Houston in partnership with Nuro. Autonomous-driving tech startup Nuro was founded by Dave Ferguson and Jiajun Zhu, two veterans […]

SoftBank makes a huge bet on Latin America

Rappi represents a new era for Latin American technology startups. Based in Bogotá, Colombia, the on-demand delivery startup has taken the region by storm, attracting a record amount of venture capital funding in mere months. Today marks the beginning of a new round of explosive growth as SoftBank, the Japanese telecom giant and prolific Silicon […]

African e-commerce startup Jumia files for IPO on NYSE

Pan-African e-commerce company Jumia filed for an IPO on the New York Stock Exchange today, per SEC documents and confirmation from CEO Sacha Poignonnec to TechCrunch. The valuation, share price and timeline for public stock sales will be determined over the coming weeks for the Nigeria-headquartered company. With a smooth filing process, Jumia will become […]