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Two of Africa’s largest B2B e-commerce platforms MaxAB and Wasoko in merger talks

Two of Africa’s largest B2B e-commerce platforms MaxAB and Wasoko in merger talks

Egyptian B2B e-commerce startup MaxAB and Wasoko, a Kenya-based e-commerce player with operations in Tanzania, Rwanda, Uganda and Zambia, are in talks to merge operations, TechCrunch has exclusively learned from multiple sources. TechCrunch could not establish the terms of the deal. Sources say talks are still ongoing, and the agreement hasn’t been finalized. The merger…

Akron Energy raises $110M to grow U.S. bitcoin mining capacity, launch AI cloud service in Norway

Akron Energy raises $110M to grow U.S. bitcoin mining capacity, launch AI cloud service in Norway

Arkon Energy, a data center infrastructure company, closed a $110 million private funding round to expand its operations, the company’s CEO Josh Payne shared exclusively with TechCrunch. The round was led by Bluesky Capital Management and included participation from Kestrel 0x1 and Nural Capital. The company launched in 2021 and began with a 5-megawatt site…