Theranos for Code: Inside Builder.ai’s $1.5 Billion AI-Washing Scam
When Microsoft, Qatar’s sovereign wealth fund, and SoftBank poured hundreds of millions of dollars into Builder.ai, the London-based start-up looked ...
Tag: startup
C-One Ventures Purchases Bankly, a Nigerian Fintech
Bankly, a regulated microfinance bank and fintech startup in Nigeria, has been entirely bought by investment firm C-One Ventures. According ...
OmniRetail Raises $20M to Transform West Africa FMCG Supply Chain
Image Source: TechCrunch When Deepankar Rustagi last raised funding for OmniRetail in 2022, investors were bullish on African startups tackling ...
Abuja-Based Tech Startup Launches MyGSMVillage – A Game-Changer for Phone Repairs in Nigeria
In a bold move set to disrupt Nigeria’s phone repair industry, TechBooky Elite, an Abuja-based tech startup founded by Paul ...
Capria VC to Invest $3 Million in Local Startups
Using a distinctive approach to investing in emerging economies, Capria VC, a global investment firm with $207 million in funds ...
5 Rising Food Delivery Startups Challenge Chowdeck and Glovo
Nigeria's food delivery market is flourishing, but a new generation of entrepreneurs is starting to emerge in addition to established ...
Nigeria’s EdTech Startup Edukoya Shuts Down Three Years After
Edukoya, a Nigerian edtech firm, has closed. In a communication, the business told stakeholders about their decision in a statement, ...
How Some Startups Survived Cryptocurrency Ban in Nigeria
Buhari's Central Bank of Nigeria (CBN) prohibited banks from enabling cryptocurrency transactions on February 5, 2021. Crypto companies were locked ...
Health Tech Startup in Nigeria Hits 1.4b Naira Milestone
A major milestone for African health technology, WellaHealth Technologies reports that it has processed 1.4 billion naira in pharmaceutical benefits ...
DeepSeek Shakes Up AI Market, U.S. Tech Giants Stumble
Shares in major U.S. technology firms have plummeted after the recent launch of a low-cost chatbot from a Chinese artificial ...