African B2B e-commerce giant Wasoko marked down to $260M after VC halves stake

VNV Global, a Swedish investment firm that backs startups in mobility, health and marketplaces, slashed the value of its holding in Wasoko, an African B2B e-commerce startup, by 48%, according to its annual report for 2023.  In its annual report, VNV set Wasoko’s fair value at around $260 million as of December 2023, the month that … Read more

Catalog is building the B2B commerce platform for small companies

When you think about commerce platforms, chances are the first names that come to mind are big names like Adobe Commerce or Salesforce Commerce Cloud. Large companies processing millions of orders already have a technological solution to manage their operations. But small companies that are handling $5 million or $20 million in sales volume per … Read more

Practical advice for B2B startups raising a Series A

Greg Waisman is co-founder and COO at the global payments infrastructure platform Mercuryo. Mr. Waisman is an accomplished entrepreneur and business leader with deep roots in the technology market. He has a wealth of experience in full-cycle business management, establishing fintech-related startups and developing them from the ground up. As the fintech market is gradually … Read more

Shekel Mobility, a B2B marketplace for auto dealers in Africa, raises $7M led by Ventures Platform and MaC VC

The World Economic Forum states that Africa has an average annual demand for 2.4 million cars and 300,000 commercial vehicles. This demand is increasing because of a continent-wide increase in disposable income, strong middle-class growth and rapid urbanization. But while most cars meeting this demand are used, car ownership in Africa is less than 45 … Read more

Tofu automates content creation for massive omnichannel B2B marketing campaigns

Creating the many types of content needed for large-scale B2B campaigns often result in marketers juggling dozens of tools. This makes it difficult to ensure cohesive messaging across their emails, landing pages and other materials, say the founders of Tofu. The startup wants to solve that problem, especially for small marketing teams, with a generative … Read more