Senegalese logistics and delivery company PAPS raises $4.5M led by 4DX Ventures and Orange

Multinationals like Amazon and Alibaba have leveraged logistics infrastructure such as UPS and FedEx to create large businesses. It’s not the same in Africa, where few third-party infrastructure players exist to provide end-to-end logistics to e-commerce companies. PAPS, a Senegal-based logistics and delivery company, is filling this gap in its region by offering customers various logistics […]

The FTC is reportedly probing Meta’s VR business for antitrust violations

Following news that the FTC’s antitrust suit against Meta cleared a critical hurdle earlier this week, the agency is apparently also taking a sharp interest in the company’s VR business. Bloomberg reports that the FTC and multiple state attorneys general are probing Meta’s virtual reality division for “potential anti-competitive practices.” New York reportedly leads the […]

HeyCharge’s underground charging solution raises $4.7M Seed led by BMW i Ventures

EV charging continues to be a high-growth business, for obvious reasons. Since 2007, one of the largest players has been ChargePoint, the floated US company which with a widespread EV charging network. But plenty of startups are snapping at its heels. One of them is Germany-based HeyCharge, which realised there was a problem with how […]

Apple’s biggest scandal of 2022 is already happening

Hello friends, and welcome back to Week in Review! I’ve taken the last few weeks to unwind and ensure that my 2022 hot takes are as scorching as possible, or at least as prescient as possible. This week, we’re talking about what I’m sure could be one of Apple’s biggest scandals of the decade thus […]

Amazon workers at two Chicago warehouses walk out to demand better treatment

This morning, dozens of warehouse workers at two Amazon facilities near Chicago staged a pre-Christmas walkout during the busiest time of the year to demand better treatment and higher wages. “We have been passed over for raises. We are being overworked, even when there is sufficient people to work here,” a worker at the DLN2 […]

Voly raises $13M led by Sequoia to deliver instant groceries in Australia

The trend that is instant grocery delivery — online ordering of essentials with your purchases being delivered to you in under an hour — continues to proliferate across multiple markets, and in the latest development, Sequoia is leading an investment in one out of Australia. Voly, a five-month-old Sydney-based startup that offers thousands of SKUs […]

Mesh Payments racks up $50M to help corporate users manage spend and payments

Now that the world appears to have settled longer-term into working in a significantly more distributed way in the wake of Covid-19, companies are getting more serious about using tools to manage how their teams operate within those new parameters. Today, a startup that’s addressing that challenge and how it relates specifically to expenses is […]