News from World

tag: startup

28 January 2023

The funds' growing financing of African debt is boosting investment in manufacturing assets

African startups have seen a big jump in venture funding through debt financing as opposed to traditional equity tools. Venture capital debt funding to African startups doubled to $1.5 billion across 71 deals in 2022, according to the latest funding report by Partech, a Paris-based startup investor. [Debt funding is on the rise at African startups - Semafor]

12 January 2023

A startup's direct air capture plant in Iceland is the only major operational carbon removal project in the world

Startup Climeworks says it has come up with a way of making carbon credits more credible. It said today that it now uses a third-party verification process to certify its service of sucking carbon dioxide from the air and storing it underground. It’s the first time a company has achieved that on a meaningful scale using an outside auditor, The Wall Street Journal reported.

08 February 2022

Young Vietnamese turn fashion contractor closures into innovative startups

For young Vietnamese, the closure of textile and leather OEM factories can be an opportunity to open new businesses. A report by DanTRI on how young people returned to the countryside to create new jobs in the fashion industry.

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News from World

tag: startup

The funds' growing financing of African debt is boosting investment in manufacturing assets

A startup's direct air capture plant in Iceland is the only major operational carbon removal project in the world

Young Vietnamese turn fashion contractor closures into innovative startups

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