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Google will begin investing in Africa-based companies through its Africa Investment Fund, running it alongside non-equity schemes Startups Accelerator Africa and Black Founders Fund.

Zum drives to $130m series D

The student transport service secured backing from SoftBank Vision Fund 2 and BMW i Ventures as it looks to fuel its expansion.

Udemy studies IPO option

The Benesse and Prosus-backed online learning platform operator has filed to list on Nasdaq, about a year after closing a series F round at a $3.25bn valuation.

The Mom Project attracts $80m
Citi and Silicon Valley Bank backed the recruitment platform for mothers in a series C round which brought the overall funding raised by the company to $116m.
Lilac mines investors for $150m close
SK Materials, Presidio Ventures and BMW i Ventures were among the investors that helped the lithium mining process developer complete its series B round.
N.Thing entices corporates to $26m series B
The vertical farming system developer has completed a $26m round that included KT&G and E1, with the cash to go to international expansion.
Fluence files for initial public offering
The AES and Siemens-owned energy storage system provider’s proposed IPO on the Nasdaq Global Market has a $100m placeholder figure.
SoftBank charges $200m round for Ola Electric
Electric vehicle producer Ola Electric has tripled its valuation to $3bn in just two years having secured its latest funding in a round co-led by SoftBank.
Energize Ventures invigorates itself with $330m
Schneider Electric and General Electric have returned to back the Invenergy-sponsored venture firm’s second vehicle, alongside LPs including American Electric Power, Equinor and Xcel Energy.
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