yellow-card-funding-devcenterinnovation

Yellow Card Secures $40m Series B funding Round

Pan-African cryptocurrency exchange Yellow Card Financial has announced the close of its US$40 million Series B funding round, which will enable the company to drive exponential business growth, continue its expansion across the continent, develop new products, and advance strategic partnerships. Since launching in Nigeria in 2019, Yellow Card has sought to make Bitcoin, Ethereum, Stablecoins, and …

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ubenwa-ai-application-devcenterinnovation

Ubenwa, an AI Application, Understands the Cries of Babies

Ubenwa analyzes baby cries using artificial intelligence to detect diseases and ailments such as birth asphyxia. Charles Onu, Samantha Latremouille, and Innocent Udeogu founded Ubenwa in 2017. Latremouille is the Clinical Lead at Ubenwa, while Udeogu is the Software and Engineering Lead with over ten years of experience. The three co-founders are exceptionally good in …

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adobe-figma-acquisition-devcenterinnovation

Adobe’s Acquisition of Figma Has Sparked Debate Among Designers

Adobe recently announced the acquisition of Figma, an interactive web app for interface design, for $20 billion. However, users who believe that Adobe will collapse many Figma tools have not welcomed this with open arms. Many believe the tool will no longer be free and will be included in Adobe’s Creative Cloud paid premium service …

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TeraWatt-EV-charging-devcenterinnovation

TeraWatt Generates $1 Billion to Increase Business EV Charging

TeraWatt Infrastructure, which constructs electric vehicle charging stations for fleets, has raised more than $1 billion in a Series A round to expand its portfolio of commercial charging hubs. A $100 million seed round from Keyframe Capital and Cyrus Capital, which continued into the current round with Vision Ridge Partners, preceded the most recent capital …

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y-combinator-food-startup-devcenterinnovation

Nigerian Food Delivery Startup Applicants, Accepted by Y Combinator

Venture capital funding organization Y Combinator has taken two Nigerian food delivery startups into its fold. On September 7-8, 2022, Y Combinator hosted its Summer 2022 Demo Day, with eight African startup companies participating. Chowdeck and FoodCourt are two online food startups that have confirmed remarkable revenue just one year after starting. This served as …

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