Norrsken22 closes $205 million oversubscription from over 30 investors | TechCabal

Norrsken22 team. Image credit: Supplied

Norrsken22, an Africa-focused venture capital firm, reached its final total of $205 million, $5 million more than targeted, to support African startups that are ready to scale, otherwise known as growth-stage startups. First launched in January 2022 and raising an initial amount of $110 million, the Norrsken22 African Tech Growth Fund brings together high-net-worth Swedish …

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CEO of Ozempic, Calibrate’s prescription startup, steps down as investors rapidly shrink the size of its consumer business

CEO of Ozempic, Calibrate's prescription startup, steps down as investors rapidly shrink the size of its consumer business

Calibrates founder and CEO Isabelle Kenyon is stepping down as CEO and will no longer oversee day-to-day operations. Carsten Snejbjerg Bloomberg/Getty Images; Calibrate Calibrate, the weight loss startup backed by Founders Fund and Tiger Global, is making changes to its management team as investors restructure the company, according to an investor letter, internal correspondence seen …

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7 companies supporting the US stock exchange send a bearish warning that investors should not ignore

7 companies supporting the US stock exchange send a bearish warning that investors should not ignore

A group of elite companies that have driven growth for most of this year is sending a signal that may herald further losses. According to Michael Kramer, a longtime independent market analyst and founder of Mott Capital Management. A composite index of these eight stocks (both A grades GOOGLE and class C GOOG shares are …

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Options investors in the US on edge, movements in the bond market keep an eye on

Options investors in the US on edge, movements in the bond market keep an eye on

Author: Saqib Iqbal Ahmed NEW YORK, Oct 17 (Reuters) – Investors in the U.S. stock options market remain restless, with a focus on U.S. Treasuries, even as tensions persist in the Middle East. The Cboe Volatility Index rose 0.25 of a point on Tuesday to 17.46, about 3 points off the recent high of 20.78 …

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