‘Playing patient investor, Omidyar has not made many exits from $1.3bn portfolio’

Philanthropic impact investor Omidyar Network has invested close to $1.3-billion in non-profit and for-profit ventures globally since it was founded in 2004 by eBay founder Pierre Omidyar. But an investment principal at the fund confesses that the funder …

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Lidya Raises $6.9 Million In A Series A Round Led By Omidyar Network

The funding was led by Omidyar Network, the Silicon Valley impact investment firm established by Pierre Omidyar, the founder of eBay. New investors, Alitheia Capital (via the Umunthu Fund), Bamboo Capital Partners, and Tekton Ventures, also joined the …

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project44 Raises $35 Million to Turn Data into True Supply Chain Visibility

CHICAGO, April 17, 2018– project44 today announced $35 million in new funding since the company’s 2016 Series A to power true supply chain visibility, and in turn deliver a faster and more reliable global shipping experience. OpenView has led the financing, with additional investment from new investor 8VC , and existing investors Emergence Capital , eBay founder Pierre Omidyar’s firm Omidyar Technology Ventures , Chicago Ventures , and Pritzker Group Venture Capital .

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Mark Zuckerberg donates $1M to assist flood-relief efforts on Kauai

Facebook CEO Mark Zuckerberg pauses while testifying before a House Energy and Commerce hearing on Capitol Hill in Washington. Zuckerberg and his wife, Priscilla Chan, are donating $1 million to assist flood-relief efforts on Kauai.

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TPG invests $47.5 mln in Kenyan digital payments firm Cellulant

Private investment firm TPG has paid $47.5 million to acquire an unspecified stake in Kenyan digital payments firm Cellulant, which operates in 11 African markets, both firms said on Monday. Global investors have been eyeing deals in African financial technology firms to take advantage of growth offered by a continent that has used technology to surmount challenges such as low penetration of banking services.

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TPG pays $47.5m for a stake in Cellulant

Private investment firm TPG has paid $47.5million to acquire an unspecified stake in Kenyan digital payments firm Cellulant, which operates in 11 African markets, both firms said yesterday. Global investors have been eyeing deals in African financial technology firms to take advantage of growth offered by a continent that has used technology to surmount challenges such as low penetration of banking services.

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