sequoia capital

Drive Capital’s investors hit a fork in the road • ZebethMedia

Drive Capital was founded by two former Sequoia Capital Partners looking to start anew in the Midwest. But investors in the Columbus, Oh.-based firm have had a bumpy ride of late, and according to our sources, they aren’t enjoying it. It’s a dramatic turn for Drive, which announced $1 billion in capital commitments back in […]

Personal carbon-cutting app Joro raises $10M Series A from Sequoia, Jay-Z’s Arrive • ZebethMedia

Cutting your own carbon footprint isn’t easy, even for the most motivated person. Tracking, tallying, investigating, researching. For Sanchali Pal, though, that was part of the fun. Pal, who had been working in international development, wanted to start trimming her footprint. “I started building an Excel spreadsheet of the carbon emissions in my life, starting […]

Egyptian consumer money app Telda raises $20M from GFC, Sequoia Capital and Block  • ZebethMedia

Telda, an Egyptian consumer money app founded by ex-Swvl executive Ahmed Sabbah last April, has raised $20 million in seed funding. The fintech, in a statement, said it wants to “revolutionize finance for the MENAP region.”  Its first market, Egypt, is one of the highest consumer spending markets in Africa. The North African market’s private consumption accounts for nearly […]

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