MoneywebAnthropic results may aid IPO but not AI trade, Analysts say
The results come as global AI stocks struggle with rising bond yields, oil-driven inflation and funding concerns surrounding companies such as CoreWeave.
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MoneywebMoneywebBlack-owned SA businesses face $45bn funding gap
The shortfall forms part of a $209bn capital deficit across five African economies, with researchers calling for more accessible funding to help businesses expand.
VentureburnKorea’s Digitron Secures $8.3M Pre-IPO Funding to Scale Defence Parts Output
South Korean defence components manufacturer Digitron has secured roughly US$8.38M in a Pre-IPO funding round. Six institutional investors participated, including SBI Investment, IBK Venture Investment, New Main Capital, Cornerstone Investment
VentureburnDo Bitcoin ETF Inflows Signal Easier Startup Funding?
Strong inflows into Bitcoin exchange-traded funds (ETFs) can make a crypto founder’s next funding round look better timed. But demand for Bitcoin exposure does not establish that investors are more
SME South AfricaForget the Funding Chase: Why SA’s Funders Invest in ‘Chickens’, Not ‘Eggs’
South Africa’s small business sector has a persistent funding problem, and it is not always the one entrepreneurs think it is. Business owners frequently approach…
The CitizenIndependent Media’s future uncertain as Sekunjalo pulls funding plug
Group says 'no more' after investing R5.2bn - throwing the future of the Cape Times, The Star and The Mercury into doubt.
The CitizenDepartment of Transport considering private and public contributions to fund RAF
Says fuel levy revenue will inevitably reduce because of alternative energy vehicles and a hybrid funding model will lessen the burden on the fiscus.
Disrupt AfricaMeet the Investor: Erick Yong, GreenTec Capital Partners
Africa, like the rest of the world, is going through a VC funding “winter”, with a capital crunch threatening the survival of many leading startups. But Erick Yong, from Africa-focused investor GreenTec Capital Partners and the Zeitec Investment Office, remains bullish on the African tech space in…