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Transcelestial enters local market


Transcelestial, the Singapore-based company building the future of Superfast Global Internet Distribution, on Friday, (Feb. 19) announced it has closed a strategic investment of US$2 million from Kickstart Ventures.
The company, recognized for its Most Disruptive Technology, is expected to boost internet penetration in the country and provide telcos and Internet Service Providers (ISPs) with an affordable option for 5G deployment.
The Transcelestial investment was the first publicly announced infusion by Kickstart Ventures from its USD 180 million ACTIVE Fund backed by Ayala Corporation, with several subsidiaries participating – AC Energy, AC Industrials, AC Ventures, BPI, and Kickstart’s parent company, Globe Telecom. ....

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FINTECH.TV Announces Roy Wood Jr. To Host Faces of Race: A New Series Focusing On Diversity And Inclusion In Corporate America


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NEW YORK, Feb. 17, 2021 /PRNewswire/
FINTECH.TV, the leading media technology platform for Digital and Impact Investment thought leadership content with a reach of 850M households globally through their online and broadcasting partners, today announced the launch of its new show,
Faces of Race with Roy Wood Jr. The 15-episode series, which addresses the ongoing conversation about race in corporate America, will roll out on FINTECH.TV with episodes airing in February during Black History Month, starting with the premiere on Wednesday, February 17.
Faces of Race with Roy Wood Jr. - FINTECH.TV Team: Vince Molinari (Founder & CEO), Roy Wood Jr. (Activist, Comedian, Host), Kavita Gupta (Co-founder & CSO), and Troy McGuire (Co-founder & CCO) Photo credit: FINTECH.TV ....

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Early-stage African VC firm, Microtraction reports portfolio boom despite the weight of COVID-19 – TechCrunch


Early-stage African VC firm Microtraction reports portfolio boom despite the weight of COVID-19
In a year marred by the coronavirus pandemic, it seems that early-stage startups on the African continent are continuing to see some notable growth, both in terms of their business and from investors looking to back them. 
Microtraction, an early-stage venture capital firm based in Lagos, Nigeria, saw funding nearly quadruple for its portfolio.
In a review of the year published last week, the firm noted that 21 companies in its portfolio have raised more than $33 million in funding. This represents nearly four-fold growth over a year ago, when its portfolio raised $6 million (and just $3 million in 2018). The companies’ combined valuation stands at more than $147 million, according to the firm. ....

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