- The fund will be invested in building IP-focused edutainment for children through the new Super Sema original content, licensing, merchandising, and publishing.
- Founded in 2018, Kukua is built on the idea of an animated superhero franchise, especially for children in Africa.
- Tencent and Alchimia co-led the funding round, with participation from EchoVC, Firstminute Capital, and Auxxo Female Catalyst.
- The startup last raised a $2.5 million seed round from EchoVC in 2018.
The post-pandemic funding boom is gradually winding down with reverberating layoffs in tech startups across the world. According to Techloy startup layoff tally since the beginning of 2022, around 10,000 employees in the technology sector across Asia, Africa, Latin America, and the Middle East have been laid off in
The biggest venture capital deals we tracked by region during the past week across emerging markets globally.
We tracked more than 30 tech funding deals across emerging markets worth over $1.5 billion, with companies in Africa and Asia alone raising over $1 billion.