Open source X and Threads competitor Mastodon will begin experimenting with a new way to raise funds: in-app donations. The organization on Wednesday announced it’s launching a campaign that introduces banners inside its Android and iOS apps, prompting users to make a monetary donation. Initially, the feature will be shown only to those on the…
Diarrha N’Diaye-Mbaye, one of the first among the small number of Black women to raise more than $1 million in venture capital, announced on Thursday the closure of her award-winning beauty startup Ami Colé. Ami Colé creates makeup for those with darker skin colors, as those consumers often struggle to find makeup that matches their…
African B2B e-commerce startup Sabi has laid off around 20% of its workforce (~50 employees) as it pivots from its original retail-focused platform to double down on a growing business in commodity exports. The layoffs, confirmed by the company on Thursday, are part of a broader restructuring aimed at aligning resources with what it describes…
Endeavor Catalyst, the co-investment fund affiliated with global entrepreneurial network Endeavor Global, is raising a new $300 million fund, its fifth and largest fund yet, as it looks to deepen its bet on high-growth startups across Africa, Latin America, the Middle East, and Southeast Asia, TechCrunch has learned. The new fund, according to sources, is…
