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Nigerian payments technology company, Flutterwave, raised $170 million as part of a successful series C round. Through Andela, thousands of engineers have been placed with leading technology companies including Github, Cloudflare and ViacomCBS. The company went remote in 2020 during the COVID-19 pandemic resulting in the shutdown of all its offices in Africa and the US. The total received to date is $381 million according to Crunchbase data.
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The African-based software development outsourcing company completed a $100 million Series D funding in 2019, secured $40 million in 2017, another $24 million in 2016 from the Chan Zuckerberg Initiative and $10 million Series A funding in 2015. The round was led by Softbank Vision Fund 2 with participation from new investor Whale Rock and existing investors including Generation Investment Management, Chan Zuckerberg Initiative, and Spark Capital. Global network for remote engineering talent, Andela, secured $200 million in Series E financing, which has now placed the value of the company at $1.5 billion, thus making it a unicorn. Drew Durbin and Lincoln Quirk founded the startup in 2018. Others in the round include existing investors Partech Africa and Sam Altman, the former CEO of Y Combinator and current CEO of OpenAI. The Series A round was led by Sequoia Heritage, Founders Fund, Stripe, and Ribbit. Back in September, Wave, a US and Senegalese fintech startup raised $200 million dollars valuing the independent mobile money provider at $1.7 billion.
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Prior to this round, Dataiku rased about $250 million from professional investors.The year 2021 saw francophone Africa get its first unicorn in Senegalese-based fintech startup, Wave. Its team has grown to more than 450 people worldwide in New York, Paris, London, Frankfurt, Dubai, Amsterdam, Sydney, and Singapore. Dataiku works with customers worldwide, including Schlumberger, GE Aviation, Sephora, Unilever, BNP Paribas, Premera Blue Cross, Kuka, and Santander. The company's platform offers predictive modeling and machine learning capabilities that allows users to build custom models supporting agility in organizations' data efforts via collaborative, elastic and responsible artificial intelligence, thereby enabling enterprises to build their own path to artificial intelligence in a human-centric way.
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The investment round was led by Stripes with Tiger Global Management joining existing investors Battery Ventures, CapitalG, Dawn Capital, FirstMark Capital, and ICONIQ.ĭataiku, founded in 2013 by CEO Florian Douetteau, developed a centralized data platform intended to help businesses in their data journey from analytics at scale to enterprise AI. Dataiku, a Paris, France and New, York, USA-based software company, announced raising $100 million series D funding round.
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