What's happening: Royal Academy of Engineering’s Enterprise Hub crowned UK’s top accelerator
The Enterprise Hub, launched in 2013, was named the leading UK accelerator for spin‑outs and startups in a joint Statista, Financial Times and Sifted analysis. The ranking considered alumni feedback, investor and academic recommendations, and post‑program success, with the Hub having supported over 600 founders to date.
Also developing:
SaaS valuations have slumped from seven‑to‑eight times revenue to roughly three‑to‑four times as AI tools reshape the sector. AI‑driven coding lets companies replace legacy SaaS with custom apps, eroding lock‑in and pressuring per‑seat pricing. Long‑term revenue durability is questioned, entry barriers have vanished, and AI platforms now capture most of the incremental value. The market correction appears permanent, urging entrepreneurs to adopt AI‑first, low‑cost models with flexible pricing.
Nigerian‑born entrepreneur Seyi Fabode left GTBank to launch Power2Switch, raising $3 million and later exiting after five years. He subsequently built an IoT water‑sensor startup that raised $4 million before shutting down, and now runs an AI‑driven energy‑infrastructure platform for investors in...
Josh Ogden, CEO of AVSS, warns that Canada’s drone sector has dwindled to fewer than 20 manufacturers that merely assemble foreign components rather than develop core technology. He points to historic successes like Aeryon Labs, many of which were acquired...
PayPal re‑enters Nigeria by routing all local receipts through a partnership with Paga, turning the home‑grown wallet into the official gateway for PayPal funds. The deal gives PayPal an asset‑light market entry while granting Paga access to a massive global...

Mexican fintech Clara has renewed a $150 million credit line with Goldman Sachs, boosting its total debt capacity to over $250 million. The financing will fund expansion of its corporate payment‑solutions suite, targeting mid‑market and large enterprises across Latin America. Clara’s shift from...

Fractal Analytics secured Rs 1,248 cr from anchor investors at the top of its IPO price band, valuing the Bengaluru‑based AI firm at roughly $1.6 bn. The company trimmed its offering size by 42% to Rs 2,834 cr, splitting the issue between a fresh issue...
Ever felt org lock-in? Ime it’s pretty common in tech even if we rarely name it. You spend years mastering one company’s hyper-niche systems and edge cases. Then one day you look up, scan the market, and nothing seems to fit. Everything...
AfriMillions debuted a ₦1 billion weekly progressive lottery, broadcasting the inaugural draw live on Wazobia Max TV and radio. The event was overseen by the Lagos State Lotteries and Gaming Authority, underscoring regulatory compliance and transparency. The mobile‑first platform also promises...

South East Technological University (SETU) will host its sixth annual Women in Technology event on 12 March at the SETU Arena in Waterford. The conference aims to inspire secondary and tertiary female students by showcasing industry role models, including a...

AI inference today is dominated by centralized cloud data centers, introducing 100 ms or more of network latency per request. As AI moves into real‑time applications—voice agents, gaming, robotics—such delays become product constraints, making latency a competitive differentiator. Traditional CDNs cannot...

PhysicsWallah (PW) has increased its stake in Kay Lifestyle and Wellness Private Limited, the operator of Kamya Yoga & Wellness, to 41.18% on a fully diluted basis by investing Rs 1.5 crore for 300 Series Seed CCPS. The move follows a prior...
Israeli product manager Itai Azogui founded Savannah in 2022 to connect African software talent with overseas firms. Within three years the bootstrapped startup placed over 150 developers from Ghana, Nigeria, Kenya and Rwanda into roles across Israel and Europe, and...
Nigerian AI startup Decide ranked fourth globally on the SpreadsheetBench benchmark, achieving an 82.5% accuracy score by solving 330 of 400 real‑world spreadsheet tasks. The company, founded by ex‑Flutterwave developer Abiodun Adetona, operates with just three employees and no external...

A proposal outlined by David Stephen suggests launching a digital food‑security insurance product in Venezuela to raise capital for subsidizing agricultural inputs such as irrigation, fertilizer and machinery. By linking insurance payouts to the cost of key crops—maize, beans, rice...

Capillary Technologies reported Q3 FY26 revenue of Rs 184 crore, a 16% year‑on‑year increase, while profit slipped 20% to Rs 8 crore. Employee benefit expenses surged 22% to Rs 90 crore, accounting for half of total costs. The SaaS firm debuted on Indian exchanges at a...
Shuvi Shrivastava, a Lightspeed partner and advisor in India, leverages a decade‑long tech and consulting background to back internet‑first businesses, especially fintech. Raised across small‑town India and educated abroad, she embodies the post‑1991 liberalization generation that grew up online. Her...
Tome positions itself as a next‑generation storytelling platform that blends slide‑deck functionality with generative AI. Launched in 2020 by CEO Keith Peiris and CPO Henri Liriani, the company has evolved from a simple presentation tool into a collaborative workspace where...
Markato, founded in 2023, is a curated wholesale marketplace that links premium global brands with vetted retailers throughout Asia. The platform secured seed‑stage investments from LSVP and LSIP during its launch year. Lightspeed partners Rahul Taneja and Dat Han joined...

Resonance Group and its subsidiary BASE Educational Services have seen their expense accounts frozen after lenders obtained a court stay over unpaid debts. The freeze does not reflect a cash shortage; BASE reportedly has sufficient funds to cover a year...

CollegeDekho reported a flat top line of Rs 221.6 crore for FY25, barely up from the prior year, while its net loss widened 19% to Rs 151 crore. Advertising and promotional expenses surged 31% to Rs 126 crore, becoming the largest cost driver, even as employee‑benefit...

Gurugram‑based Jain Cord Industries secured Rs 200 crore in a Series A round led by the Lohia family office, Indorama Capital Holdings. The financing was issued via 31,79,550 compulsorily convertible preference shares at Rs 629 each, valuing the company at roughly Rs 829 crore post‑money. Revenue is...

Puerto Rican fintech Evertec announced the acquisition of Brazilian fintech Dimensa for $181 million, pending regulatory clearance from Brazil’s antitrust authority CADE. Dimensa, a former TOTVS spin‑out, provides core banking, transaction processing and investment‑fund administration software to more than 15,000 institutions....

Colombian anti-counterfeit startup Signa secured a $1 million seed round led by Fen Ventures, Orbit Ventures, AngelHub and Funders VC. The B2B SaaS platform uses AI agents to monitor online marketplaces, conduct undercover purchases, and compile evidence for enforcement actions. Signa,...

Substack has hired former Google Canada executive Mark Swierszcz as its first head of partnerships in Canada, reflecting the platform’s rapid organic growth north of the border. Canada is now Substack’s third‑largest market worldwide, with more than half a million...

Toronto‑based Elevate Farms announced the acquisition of Ottawa‑based Fieldless Farms, merging two leading Canadian indoor‑farming startups. The combined entity aims to create a “Canadian food powerhouse,” delivering year‑round leafy greens through controlled‑environment agriculture while strengthening domestic food security. Both companies...

At the Small Firms Association’s SFA Connect event, Vodafone Ireland highlighted that 94% of Irish SMEs feel unprepared for AI‑driven cyber attacks, yet adoption of basic safeguards remains low. Only 21% of SMEs use multifactor authentication and more than half...

The Spider Awards announced its 2026 shortlist, marking the 29th anniversary of Ireland’s longest‑running digital awards. Entries surged 30% over 2025, setting a new record and underscoring the sector’s growth. A new Digital Rising Star category was introduced to spotlight...

Czech‑Slovak edtech startup Readmio announced a €1 million investment from Polish impact fund Simpact Ventures. The capital will accelerate product development and a global expansion push into Asia, the United States and Latin America. Readmio’s voice‑recognition storytelling app already serves families...

PhysicsWallah reported Q3 FY26 operating revenue of Rs 1,082 crore, a 34% year‑on‑year increase, and total revenue of Rs 1,147 crore after adding Rs 65 crore from financial assets. Net profit rose 33% to Rs 102 crore, while total expenses grew 33% to Rs 980 crore, with employee benefits accounting...

Earmark’s new productivity suite transforms live meetings into concrete deliverables such as product specs, tickets, and slide decks, eliminating the traditional post‑call cleanup. The platform runs several specialized AI agents in parallel, translating jargon, drafting documents, and even spawning prototypes...
Management mantras act as cultural shortcuts that embed core values and simplify decision‑making. Classic examples like “garbage in, garbage out” or Charlie Munger’s incentive warning help align teams around shared principles. However, when applied rigidly, mantras can suppress nuance, discourage...
TikTok star Khaby Lame’s holding company, Step Distinctive, is being acquired by Rich Sparkle Holdings in an all‑stock transaction valued at up to $975 million. The deal issues 75 million new Rich Sparkle shares priced at $13 each, giving Lame an effective 47%...

Lightspeed Commerce reported fiscal Q3 revenue of $312.3 million, slightly beating its own and analysts’ forecasts, while posting a net loss of $33.6 million, wider than a year ago. The company upgraded its full‑year revenue outlook to $1.22 billion and expects higher gross...

Smart toothbrushes have evolved into data‑driven oral‑care devices featuring Bluetooth, AI guidance, pressure sensors and high‑frequency sonic vibrations. Premium models cost around €400, roughly the price of a basic smartphone, and promise to improve brushing technique and prevent enamel damage....

Vercel’s COO Jeanne De Witt Grosser, former Stripe leader, joins First Round’s Executive Function podcast to dissect what separates good executives from great ones. She details Vercel’s rigorous executive interview framework, the use of driver trees for metric ownership, and...
Rayhawk Technologies, founded by Tom Boehm, has turned a family‑rooted safety concern into an automated gantry system that opens and closes railcar lids at grain elevators. Leveraging machine‑learning and computer‑vision, the solution replaces hazardous manual work with precise, weather‑resilient robotics....

Digital Striker, an Indian optical‑fiber tools startup founded in 2021, secured $1 million (≈Rs 8.5 crore) from Foxhog Ventures. The funding will allocate Rs 5‑6 crore to build a manufacturing facility, hire talent and open metro offices, while the balance sustains import operations. The company...

Bengaluru‑based data platform Tracxn reported flat Q3 FY26 revenue, slipping to Rs 21 crore, a 2% decline from the same quarter last year. Total expenses rose 8.6% to Rs 22.8 crore, driven largely by employee benefits, pushing the company into...

Calgary‑based AgTech startup Brilliant Harvest announced a $4 million USD seed round, led by returning investors Builders VC and AltaML and joined by FTW Ventures, Alpaca VC, Automotive Ventures, SVG Ventures and NYA Ventures. The AI‑driven platform, which parses technical manuals...

Nykaa reported Rs 2,873 crore revenue in Q3 FY26, a 27% year‑on‑year increase, while net profit surged 2.5‑fold to Rs 68 crore. The beauty segment continued to dominate, delivering 91% of total sales, and operating costs rose to Rs 2,753 crore. Sequentially, profit more than doubled...
Google has opened applications for the 10th cohort of its Google for Startups Accelerator Africa, rebranded as the “AI First program.” The 12‑week hybrid accelerator targets Series A startups building AI‑driven solutions for health, finance and societal challenges across the continent....

Romanian EdTech startup Kinderpedia secured €2.2 million in a growth‑stage round led by Simpact Ventures, part of a €3.5 million target. The AI‑powered platform now serves schools in over 40 countries, reaching more than 500,000 teachers, parents and administrators. Funds will accelerate...

Blackbuck posted a Rs 32 crore profit in Q3 FY26, driven by revenue of Rs 172 crore—a 51% year‑on‑year increase. Over the nine‑month period, revenue rose 53% to Rs 466.5 crore, with truck‑operator services accounting for 98% of earnings. Expenses grew, notably employee benefits and depreciation,...
Marico announced the acquisition of a 60% stake in plant‑based nutrition startup Cosmix, adding the brand to its growing D2C portfolio that already includes Plix, True Elements, Just Herbs and Beardo. Cosmix more than doubled its FY25 revenue to ₹50.93 crore...

Amphibian Aerospace Industries (AAI) and Apogee Aerospace have signed a strategic partnership to introduce the Albatross 2.0 amphibious aircraft to India. The Albatross 2.0, the first FAA‑ and EASA‑certified transport‑category amphibian with up to 28 seats, will be sold to...

Octobotics, an AI‑enabled non‑destructive testing robotics startup, raised roughly Rs 10 crore in a seed round led by Navam Capital with BYT Capital joining. The capital will fund accelerated product development, certification, and expansion into Singapore and the Middle East. Founded in...

CHINI KUM, a zero‑sugar beverage startup, secured ₹1 crore in pre‑seed funding from a group of angel investors and founder participation. The capital will fund product innovation, flavor expansion, and nationwide distribution, with a focus on quick‑commerce channels. The brand launched its...

Perth‑based CorePlan secured a $5 million follow‑on round led by existing backer EVP to accelerate its mining software platform. The funding will fuel global team growth, extend the solution into drilling and geology workflows, and deepen presence in the Americas and...

Let me explain to y’all saying can’t i do both the $370k full time data science role at Anthropic & my startup. As someone who has analyzed 2.5billion daily active youtube user data, data science is intense You cannot do deep...

Brazilian fintech Asaas has acquired digital insurance broker Mutuus, integrating insurance distribution into its platform while allowing Mutuus to operate independently. The move adds a new vertical to Asaas' suite of services for small and medium‑sized enterprises, which already includes...