Alumni from 344 European and Israeli unicorns have birthed 1,018 startups since 2008 • TechCrunch

Alumni from 344 European and Israeli unicorns have birthed 1,018 startups since 2008 • ProWellTech

A new report has shone a light on the impact that European and Israeli unicorns have had on the broader technology ecosystem since the global economic crisis 14 years ago. The report, titled Europe and Israel’s Startup Founder Factorieswas produced by VC firm Accel with heavy support from startup and VC data platform Dealroom. It…

Orda raises millions to digitize African restaurants with its cloud-based operating system • TechCrunch

Orda raises millions to digitize African restaurants with its cloud-based operating system • ProWellTech

Most large restaurant chains across Africa have grown accustomed to using legacy systems and point-of-sale providers to manage operations. However, for smaller restaurants — which represent the biggest segment of this $50 billion industry — these systems can be rather expensive and do not adequately cater to their needs; thus, they stick with running operations…

Seedstars Capital launches to support new fund managers around the world • TechCrunch

Seedstars Capital launches to support new fund managers around the world • ProWellTech

The venture market is in the middle of a downturn, but there are still plenty of emerging fund managers. Seedstars International Ventures, the investment firm that backs high-growth startups around the world, announced today it has launched a platform called Seedstars Capital with Swiss-based investment holding company xMultiplied to help new fund managers around the…

As Pipe's founding team departs, tensions rise over allegations • TechCrunch

As Pipe’s founding team departs, tensions rise over allegations • ProWellTech

On November 22, alternative financing startup Pipe announced that its three co-founders were stepping down from their executive roles and that a search for a new, “veteran” CEO had commenced. In an exclusive interview, co-founder and former co-CEO Harry Hurst told ProWellTech that the trio were “0-1 builders, not at-scale operators.” He said the company’s…

Southeast Asia insurtech Igloo increases its Series B to $46M • TechCrunch

Southeast Asia insurtech Igloo increases its Series B to $46M • ProWellTech

Igloo, a Singapore-based insurtech focused on underserved communities in Southeast Asia, announced it has raised a Series B extension of $27 million, bringing the round’s total to $46 million. The first tranche of $19 million was announced in March, and led by Cathay innovation with participation from ACA and returning investors OpenSpace. The newest round…

WhatsApp rolls out new 'Message Yourself' feature globally • TechCrunch

WhatsApp rolls out new ‘Message Yourself’ feature globally • ProWellTech

To get a roundup of ProWellTech’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. We’re joining the Cyber Monday fun with 25% off annual subscriptions to ProWellTech+ content and analysis starting today until Wednesday, November 30. Plus, today only, get 50% off tickets to discover the…

Flickr weighs support for ActivityPub, the social protocol powering Twitter alternative Mastodon • TechCrunch

Flickr weighs support for ActivityPub, the social protocol powering Twitter alternative Mastodon • ProWellTech

On the heels of Tumblr’s decision to integrate with ActivityPub — the social protocol powering the open-source Twitter alternative Mastodon and others — it appears that photo-sharing site Flickr is now considering doing the same. Flickr CEO Don MacAskill today began to actively poll users about whether or not they’d like to see Flickr support…