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Tag: Private Equity

Africa Startups Defy Funding Slump as Debt Financing Fuels Growth
Technology

Africa Startups Defy Funding Slump as Debt Financing Fuels Growth

African startups more than doubled the amount of debt they raised last year, a surge that may continue as an economic slowdown makes equity funding more expensive and unsustainable over the long term.Companies on the continent raised $1.55 billion in 71 debt deals in 2022, suggesting it’s become a solid alternative source of capital for African technology startups, venture capital firm Partech Partners said in a report. Source link
Industrial Technology’s Future Is Taking Shape. VCs Are Missing Out
Technology

Industrial Technology’s Future Is Taking Shape. VCs Are Missing Out

The battle to dominate industrial technology is ramping up as government intervention in economies becomes far more prevalent. Investors — once enamored of asset-light firms and high returns — better be prepared to put in billions of dollars towards this, or risk being crowded out.This isn’t just a reaction to the fallout from Russia’s war in Ukraine and geopolitical tensions between the US and China. The past two years of goods shortages and labor shocks have exposed weak and clunky supply chains across the globe. To ensure we don’t end up there again, governments are bolstering their multi-billion dollar industrial policies to incubate the next generation of hardware, including chips, 5G base stations, electric vehicles, batteries and high-tech machinery and systems. Source link ...