Startup

WeWork, once celebrated as a revolutionary force in the global coworking space landscape, has officially filed for Chapter 11 bankruptcy protection in New Jersey, United States. The workspace solutions giant, which attempted to go public in 2019 with a valuation of $47 billion, experienced what can only be described as…

Amidst the judicial proceedings that transpired on October 11, 2023, in the heart of New York City, Caroline Ellison, the erstwhile helmswoman of the crypto hedge fund Alameda Research, is set to once again take the witness stand. She finds herself enmeshed in Sam Bankman-Fried’s trial, the former luminary at…

Crypto exchange platform, Patricia recently found itself under a cloud of suspicion and mistrust, as a series of concerning events have unfolded, leaving both experts and users puzzled. With an 80% reduction in the company’s workforce and unresolved customer concerns, Patricia’s reputation in the crypto world seems to be hanging…

The sudden shutdown of 54Gene has created quite a stir and lots of talks in the health tech world, especially for companies and start-ups in Africa. 54Gene started with big, promising ideas, aiming to change the way we study genetics in Africa. Founded in 2019, 54Gene sought to change the…

In today’s global landscape, Nigerian startups have emerged as formidable players, continuously innovating and attracting funding from investors seeking lucrative returns. Despite economic challenges, these startups managed to secure over $1.2 billion in funding in 2022, solidifying Nigeria as a favored destination for venture capital. This funding trend not only…