Lisbon’s Indico VC launches €25M Opportunity Fund for its scale-ups, taking it to a €141M total

Indico Capital Partners, the Lisbon, Portugal based VC, has launched a €25 million ‘Opportunity Fund’, with the help of previous LPs, to invest up to an additional €5 million in the most promising four or five companies from its first fund. Indico says this would double the maximum investment per startup from €5-10 million. Indico … Read more

Modus expands to sub-Saharan Africa with the launch of its AI and blockchain-focused $75M fund

New York-based venture platform Modus has launched Modus Africa, a venture capital fund for AI and blockchain startups across sub-Saharan Africa, TechCrunch has learned. The fund is expected to reach a final close in the first quarter of next year. The spinoff continues Modus’s string of moves over the past 18 months, which has seen … Read more

From the founders of Acast, Sesamy is setting out to ‘de-wall’ digital content

A new startup from the founders of Acast today announced a $3.4 million seed round of funding to “de-wall” digital content including ebooks, audiobooks, and news articles. After recently severing ties with Acast, a popular podcasting platform they founded some eight years ago, Karl Rosander, Måns Ulvestam, and Markus Ahlstrand have turned their attentions to Sesamy, … Read more