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 invests $47.5 mln in Kenyan digital payments firm Cellulant: Reuters

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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A New Model for Financing Nonprofits

NPX, a company that is developing a model for nonprofit investment, announced on Tuesday the creation of a financial instrument that ties donations and investments in charities to performance. The idea is the brainchild of Lindsay Beck, a two-time cancer survivor who I wrote about in 2013 and co-founded NPX with Catarina Schwab, and Anna Pinedo, a partner at Mayer Brown.

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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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De Correspondent gets cash injection from Omidyar Network for global launch

De Correspondent, a reader-funded news publisher based in the Netherlands, announced Monday that it has raised $950,000 from Omidyar Network—an investment fund set up by billionaire eBay co-founder Pierre Omidyar—to finance the launch of a global …

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