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Costanoa Ventures and Norrsken22 back Smile Identity in $20M Series B round

Costanoa Ventures and Norrsken22 back Smile Identity in $20M Series B round

The importance of KYC and identity verification in an increasing fintech landscape like Africa’s cannot be overemphasized. As thousands of financial institutions serve millions of Africans, stringent regulatory requirements are needed to keep hackers and fraudsters at bay, which is why investor interest in startups offering KYC and identity verification services is intensifying. Smile Identity,…

Chinese auto giant Geely’s EV brand raises $750 million in $13 billion valuation

Chinese auto giant Geely’s EV brand raises $750 million in $13 billion valuation

Share to FacebookShare to TwitterShare to LinkedinZeekr’s flagship model, the Zeekr 001, on display in Shanghai, China. Qilai Shen/Bloomberg Zeekr, an electric vehicle brand of Chinese billionaire Li Shufu’s Geely Holding Group, announced on Monday it raised $750 million from investors including Chinese billionaire Robin Zeng’s Contemporary Amperex Technology (CATL), the world’s largest EV battery…

Akamai reaches for the cloud

Akamai reaches for the cloud

A year ago, Akamai acquired Linode for $900 million. At the time, Akamai said it wanted to combine Linode with its edge platform and security services. Unsurprisingly, that’s exactly what it is doing now, with the launch of its new Akamai Connected Cloud — a massively distributed edge and cloud platform that includes Linode’s existing…