Nigerian agritech Releaf gets more capital as it launches new tech for food processing

Releaf, a Nigerian agritech startup that supplies ingredients (starting with the oil palm) to consumer goods manufacturers and their food factories, has received $3.3 million in an oversubscribed pre-Series A round. The Jack Ma Foundation-backed startup, which announced a $4.2 million (including a $1.5 million grant) seed raise in September 2021, said the funding will … Read more

Superscript, a bespoke insurance provider for SMEs, raises $54 million

Superscript, an insurance broker and tech platform targeting SMEs and “high-growth” tech firms, has raised £45 million ($54 million) in a Series B round of funding Founded out of London in 2015, Superscript constitutes two core insurance businesses: an online-only “self-serve” platform that’s available to U.K. customers including SMEs, sole traders, and landlords, and an … Read more

US tech giants say Indian panel’s recommended competition act ‘absolutist and regressive’

An influential industry group that represents Google, Meta and Amazon among other tech firms has expressed concerns about the digital competition law recommended by an Indian parliamentary panel that seeks to regulate their alleged anticompetitive practices, calling the proposal “absolutist and regressive” in nature in the latest escalation of tension between U.S. tech giants and … Read more