Rise Fund

Argentina’s Digital House raises over $50M to help solve LatAm’s tech talent shortage

Digital House, a Buenos Aires-based edtech focused on developing tech talent through immersive remote courses, announced today it has raised more than $50 million in new funding. Notably, two of the m

Airtel Africa sells $200M mobile money business stake to TPG’s Rise Fund

In February, London-listed telecom Airtel Africa said it was looking to sell a minority stake in its mobile money business in a bid to raise cash and sell off some assets. The firm seems to have found

Green Monday Holdings, Asia’s answer to Beyond Meat, raises $70 million from TPG, Swire Pacific

Green Monday Holdings, a manufacturer of plant-based pork substitute products and frozen meals and an operator of a chain of vegetarian-focused retail outlets and cafes, said it has raised $70 million

Challenger bank Varo, soon to become a real bank, raises $241M Series D

Mobile banking startup Varo Money has raised an additional $241 million in Series D funding, the company announced today. The investment was co-led by new investor Gallatin Point Capital and existing

Credit startup Migo expands to Brazil on $20M raise and Africa growth

After growing its lending business in West Africa, emerging markets credit startup Migo is expanding to Brazil on a $20 million Series B funding round led by Valor Capital Group. The San Franicso-base

Zipline’s new $190 million funding means it’s the newest billion dollar contender in the game of drones

With a valuation of over $1 billion and $190 million in new financing, Zipline has become the latest contender to be the leader in the game of drones. The competition to be a leading vendor of deliver

Startups Weekly: Uber’s headline-grabbing week and sextech at SXSW

In this week's newsletter: The college admissions scandal engulfs TPG, Accel raises $2.5B for three funds and investing app Stash brings in $65M.

Africa Roundup: Paga goes global and 4 startups raise $99M in VC

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor African fintech startup Chipper Cash raises $30M backed

Offering a white-labeled lending service in emerging markets, Mines raises $13 million

Emerging markets credit startup Mines.io has closed a $13 million Series A round led by The Rise Fund, the global impact fund formed by private equity giant TPG, and 10 others, including Velocity Capi

Breaking down France’s new $76M Africa startup fund

Weeks after French President Emmanuel Macron unveiled a $76 million African startup fund at VivaTech 2018, TechCrunch paid a visit to the French Development Agency to get more details on how le n

Global tech firms and investors are reshaping Latin America’s startup environment

Julie Ruvolo Contributor Julie Ruvolo, a former writer for TechCrunch, is the head of editorial content for the Latin American Private Equity and Venture Capital Association. More posts by this contri

Africa Roundup: Partech Ventures launches $70M fund, TPG Growth acquires TRACE, Rensource raises $3.5M

Last month we characterized 2017 as the year Sub-Saharan Africa’s startup scene found its stride. 2018 looks to be the year of numerous VC investments.

A look back at the year that the Sub-Saharan African startup scene found its stride

African tech in 2017 was about the normalization of market events mostly absent even a decade ago. There were acquisitions, multiple investment rounds, lots of expansion, big strategic partnerships an

Everfi raises $190 million to teach life skills and touchy subjects online

EVERFI Inc. has raised $190 million in Series D funding to teach students online the life skills and touchy subject matter that they never learned in school. A sampling of courses offered by Everfi ra