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Lagos-based B2B e-commerce platform, Ominibiz eyes West African expansion after a $3m seed raise

Lagos-based B2B e-commerce platform, Ominibiz eyes West African expansion after a $3m seed raise
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The dawn of Ghana s tech ecosystem: Here s what you should know

The dawn of Ghana s tech ecosystem: Here s what you should know
techcabal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcabal.com Daily Mail and Mail on Sunday newspapers.

DEAL: Shyft Power Solutions raises $3 1m Seed Round to push affordable energy

SHYFT Power Solutions, which builds IoT and software to optimize distributed energy resource performance and operational efficiency in emerging markets, has announced an additional $3.1M in funding to bring its total seed round to $3.8M. The funding round was led by the SoftBank Vision Fund’s Emerge Program and Total Carbon Neutrality Ventures with participation from other investors including Lofty Inc, Samurai Ventures, and Urban US Ventures. SHYFT was founded by Stanford’s engineers to address the challenges in delivering and scaling clean, reliable, and affordable energy solutions in emerging markets that struggle with unreliable grids or energy access. SHYFT’s initial focus is in Nigeria, a country set to be the 3rd most populous after China and India, but were an unreliable grid has led to widespread dependence on generators, accounting for nearly 8x the capacity of the grid.

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