We recently invested in Lami, an insurtech startup which embeds insurance into existing digital infrastructure to increase insurance penetration across Africa. Shutterstock/ArtemisDiana Insurance market penetration remains low in Africa at less than 3% in 2019, with GWP per capita 11 times lower than the world average. This is despite the increasing financial [...]
Newtown Partners via the Imperial Venture Fund has invested in the US-based trucking SaaS platform, BeyondTrucks. This undisclosed round of venture financing marks an increase in investment depth into the US trucking landscape. Shutterstock/PopTika Traditional trucking companies face the following challenges: Lack of digitalization in trucking payments processes The cost of inefficiencies and [...]
We recently invested in Waspito, a Cameroon-based digital health platform on a big mission to drive affordable and accessible quality healthcare across the African continent. The $2.7m oversubscribed Series Seed round of venture financing via the Imperial Venture Fund further expands Imperial’s investment scope within Francophone West Africa to augment its market access and [...]
Newtown Partners via The Imperial Venture Fund has invested in Egypt-based pharmacy benefits platform Chefaa in an undisclosed round of venture financing, marking an expansion of its healthtech investment breadth into the MENA region. Shutterstock/LeoWolfert Chefaa is an asset-light, digital e-pharmacy and pharmacy benefits platform that enables access and direct distribution to [...]
Newtown Partners portfolio company, Haulio, announced raising $7M in Series A equity financing. Shutterstock/Travel mania Haulio is a Singaporean asset-light managed marketplace for booking first-mile logistics and drayage services in the ASEAN region. Haulio has developed a sophisticated technology stack that digitizes the first-mile logistics process through a haulage management platform that connects shippers with [...]
Newtown Partners portfolio company, Clockwork Logistics, today announced raising $5.5m in Seed equity financing. Shutterstock/KAMONRAT Clockwork creates a single source of truth and actionable visibility into the first-mile pickup and final mile delivery, including drayage. Clockwork achieves this single source of truth by combining a simple truck driver application with a software [...]
When large organizations set aside a pool of capital to be deployed over many years as equity investments into startups, we call this corporate venture capital or corporate VC. These programs are typically expected to generate attractive financial returns over their lifetime, but the underlying investments are expected to have strategic relevance to the [...]
PRESS RELEASE, Johannesburg - March 09, 2020 - Major international logistics industry player, Imperial, has partnered with venture capital firm Newtown Partners to launch a corporate venture capital (CVC) fund focused on investing in disruptive startups in the logistics industry, with an initial investment of $20 million. The fund will identify, invest in, and nurture [...]
This post was a team effort, special thanks to James Kilroe & Justin Swart for their contributions. On to the post! Technology has never been as prevalent in daily life as it is today, with the trend of the increasing significance of technology only set to continue. It is therefore of use to look [...]
H/t to Qiao Wang from Messari whose writing on the theory of The Firm sparked this thought process. Since its inception, the internet has structurally reorganized many industries, such as the newspaper industry. The internet has empowered aggregators and platforms who serve customers to the detriment of suppliers by forcing suppliers to compete on [...]
I believe that regulatory frameworks that adequately answer the questions posed in this article will be the catalyst to exponentially increase liquidity in the Digital Securities market. This is the single most important segment of regulation development that investors must follow.
Security Token Offerings (STOs) are a novel fundraising mechanism birthed from increased regulatory oversight on Initial Coin Offerings (ICOs), given that the certainty provided by regulated instruments and their associated rights is a large short-term attraction for investors, Newtown Partners believes STOs will be the preferred capital raising avenue for startups in the blockchain space within the next 12 - 18 months.
So, let's start off by imagining this scenario. You have to go to some government department to renew your licence or change your son's middle name to Hodl, they will make you complete copious amounts of complicated, burdensome paperwork to do so. Since we're in the glorious age of technology, you, like me, have probably [...]
Ever wondered how thousands of birds manage to coordinate and fly together in massive flocks? I certainly have. I had even more specific questions come to think of it. Does some leader bird choose the direction in which they all fly? If so, how do birds elect this leader bird (democratically I hope)!? And how [...]
Newtown Partners has launched its first Crypto Trader Benchmarking Study. The study is a quantitative study of the composition and behaviors of the traders who provide the essential liquidity to the cryptocurrency industry and who are key to its success. Cryptocurrency exchanges provide vital on-off ramps for users who would like to buy or [...]
In my previous article, we explored the concept of anonymity in blockchains and why it is generally a difficult problem. If you haven’t yet read it, then I suggest you do before continuing. But, if you’re too lazy to refer to it, here’s a quick recap: Remember that blockchains are inherently public and transparent, which [...]