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Equity firm Blackstone pulls out of TikTok US deal
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Equity firm Blackstone pulls out of TikTok US deal

Private equity giant Blackstone has withdrawn from a consortium bidding to acquire TikTok’s United States operations, Reuters reported. The move marks the latest shift in a deal clouded by delays and growing uncertainty, as TikTok’s fate remains entangled in broader U.S.-China trade tensions. Blackstone had been expected to take a minority stake in the U.S. […]

TLcom Capital raises $154m fund for early-stage African startups
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TLcom Capital raises $154m fund for early-stage African startups

Venture capital, TLcom Capital, headquartered in Nairobi and known for backing startups such as Vendease, Seamless HR, and uLesson, has successfully concluded fundraising for TIDE Africa II, a $154 million fund primarily targeting early-stage startups. Initially securing a first close of $70 million in January 2022, the fund was slated for a second close by […]

VC firm TLV raises $250m fund for Israeli startups
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VC firm TLV raises $250m fund for Israeli startups

Venture capital firm, TLV Partners has unveiled a new $250 million fund, aimed at supporting early-stage startups founded by Israelis. The decision to primarily focus on the United States as the base for these startups comes as concerns loom over potential reforms to the Israeli judicial system. With this fifth fund, TLV’s assets under management […]

Five things you ought to know about venture capital
Business

Five things you ought to know about venture capital

Venture capital has become a driving force behind innovation, fueling the growth of startups and emerging businesses. This dynamic form of financing has played a pivotal role in shaping the technology landscape and transforming industries. In venture capital, wealthy individuals or firms, invest a certain amount of money (capital which is also known as venture) […]

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