Linktree acquires link-in-bio platform Koji in its second investment of the year
Australia-based link-in-bio platform Linktree announced today that it has acquired competitor Koji from its parent company GoMeta for an undisclosed amount. Linktree said that Koji’s link-in-bio product will shut down on January 31, 2024. The company is offering Koji users three months of Linktree Pro plan as a trial. But
Read moreDistributional wants to develop software to reduce AI risk
Companies are increasingly curious about AI and the ways in which it can be used to (potentially) boost productivity. But they’re also wary of the risks. In a recent Workday survey, enterprises cite the timeliness and reliability of the underlying data, potential bias and security and privacy as the top
Read moreBoxGroup closes on $425M for two funds to back early-stage startups
Each fund is $212.5 million and will invest in pre-seed, seed and Series A companies across consumer enterprise, healthcare, financial, biotech and climate. © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreHashtag Trending Dec.14- White House wades in open source AI debate; Cloudflare’s 2023 web report; Google Cloud partners with Mistral AI
White House dives into open source AI debate, bots boom and Google comes back to the top spot in Cloudflare’s 2023 web report, Google Cloud partners with Mistral AI on generative language models and Google admits that its demonstration of Gemini was what it “could” be like. All that, and
Read moreInstagram introduces gen-AI powered background editing tool
Instagram introduced its generative AI-powered background editing tool to U.S.-based users Wednesday. Meta’s lead for generative AI Ahmad Al-Dahle posted on Threads saying that the tool will let users change the background to their images through prompts for Stories. When users will tap on the background editor icon on an
Read moreQogita — a wholesale marketplace for retailers — raises $86M Series B to compete with Ankorstore in Europe
Qogita, a two-sided e-commerce wholesale marketplace aimed at retailers largely in the health and beauty sectors, has raised €80 million ($86 million) in a Series B round led by London’s Dawn Capital. The company plans to use the cash to expand into more categories. Also participating were previous investors Accel,
Read moreIndia’s Udaan scores $340 million in new funding
The investment arm of the UK retail bank M&G has led a funding of $340 million into Udaan, a business-to-business e-commerce startup, in one of the largest financing rounds secured by an Indian startup in 2023. The Bengaluru-headquartered startup, which helps merchants in smaller Indian cities and towns secure inventories
Read moreYoung Black Women Empowerment with Digital Skills
Momentum Metropolitan Foundation, with Deviare, empowers 10 young black women through a transformative digital skills initiative. Focused on critical technological domains, particularly cybersecurity, the program aims to prepare participants for success in the rapidly evolving digital landscape. Exclusively targeting young black females, the initiative promotes gender diversity and empowerment. The
Read moreJumia discontinues food delivery across seven markets, shifts focus to expanding physical goods business
Pan-African e-commerce platform Jumia has disclosed its intention to discontinue its food delivery service, Jumia Food. The company said its food delivery business is not aligned with the current operational landscape and prevailing macroeconomic conditions in the seven markets, including Nigeria, Kenya, Uganda, Morocco, Tunisia, Algeria and Ivory Coast. As
Read moreSocial commerce platform Maka raises $2.65M to simplify buying fashion and beauty products in Africa
Maka, an African fashion and beauty e-commerce platform, has raised a $2.65 million pre-seed round led by Pan-African venture capital firms 4DX Ventures and Janngo Capital. Other investors include Palm Drive Capital, angel investor Jonathan Shipman, founder of EVP and Twitch founding member, and executives from delivery platform Wolt. In
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