💰African tech startups face continued funding decline |📱Google's Find My Device Network launched

In today’s menu ☕️

💰Continued ‘Funding Winter’ Leads to Further Decrease in Q1 Funding for African Tech Startups
📱The new Find My Device on Android can locate offline devices
📺 Unveiling Coca-Cola x Marvel: The Heroes Collaboration
👨🏻‍💻 Opportunities

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💰FUNDING

Continued ‘Funding Winter’ Leads to Further Decrease in Q1 Funding for African Tech Startups

The "funding winter" persists for tech startups in Africa and globally, with funding in Q1 dropping over 50% to $310 million compared to the previous year. Despite 406 startups raising $2.4 billion in 2023, marking a reset for the industry, the funding decline continued into 2024, with Q1 witnessing a 52.3% decrease in investment.

While the number of funded ventures slightly decreased from Q1 2023, the rate of decline is slowing, but the stagnant funding levels suggest a continued decrease for African tech ventures in 2024.….continue reading

📱 DEVICES

The new Find My Device on Android can locate offline devices

Google has launched the upgraded Find My Device network globally, commencing with the U.S. and Canada, offering a revolutionary solution for tracking Android devices and everyday items securely. Utilizing a crowdsourced network of over a billion Android devices, Find My Device enables users to locate offline devices, track everyday items with Bluetooth tags, find nearby items, and pinpoint devices at home using Nest integration.

Additionally, users can share accessories with friends and family for collaborative tracking. With robust security measures, including end-to-end encryption and aggregated device location reporting, Find My Device ensures privacy and safety….continue reading

📺 ADVERT

Unveiling Coca-Cola x Marvel: The Heroes Collaboration

In a groundbreaking union of iconic brands, The Walt Disney Company and Coca-Cola have joined forces to launch Coca-Cola x Marvel: The Heroes, a global campaign that’s set to redefine the realms of marketing and pop culture.

This unprecedented collaboration, which kicked off on Monday, brings together the captivating world of Marvel’s beloved characters and Coca-Cola’s timeless allure. Through a series of innovative initiatives, the two powerhouses are set to captivate audiences worldwide.

As part of the campaign, Coca-Cola has introduced exclusive limited-edition cans and bottles adorned with captivating illustrations of 38 Marvel characters. From legendary heroes like Captain America and Iron Man to formidable villains like Loki and Thanos, each design showcases the essence of the Marvel Universe in a strikingly vibrant manner.........continue reading

OTHER STORIES

• Court remands Binance agent Gambaryan in prison,  approves EFCC’s trial of cryptocurrency platform, others……read more

• Canal+ and MultiChoice finalize agreement on acquisition deal……read more

• Music subscriptions in Europe can now be purchased outside Apple’s App Store….read more

OPPORTUNITIES

• Norrsken Accelerator calls on early-stage African startup founders to apply…..read more

• AgriTech4Egypt Innovation Challenge invites applications from agri-tech ventures for a sustainable agricultural future….read more

• Call for Applications: Amazon Web Services South Africa’s Equity Equivalent Investment Programme for SMEs….read more

• Irish Tech Challenge 2024: Call for South African startups to help address global issues….read more

• 14th Orange Social Venture Prize in Africa and the Middle East Now Open for Applications…..read more