Fledge’s Africa Eats fund makes first three investments

The Fledge accelerator, based in Seattle, is raising and managing a family of funds to support graduates of the program. Africa Eats provided a $200,000, four-year loan to East Africa Fruit, a Tanzanian produce aggregator. It extended $170,000 to Geossy, a Ugandan aquaculture venture, in the form of a blended fixed-rate loan. And Tanzanian poultry venture

Strauss Group increases purchases from women coffee growers

Women Rising The Strauss Group will increase its purchases from women coffee growers. The Israeli company — the fifth largest green coffee buyer worldwide — is partnering with women’s coffee cooperatives in Honduras, the Democratic Republic of Congo, and Vietnam. Coffee is a $100 billion market worldwide and women are responsible for 70 percent of growing and harvesting. But women represent

LetsEndorse gets endorsement of angel investors for its social development platform

The Bangalore-based startup’s crowdfunding platform helps social entrepreneurs and NGOs find funding for development projects. Since July, it has enrolled 500 NGOs and enterprises globally and facilitated funding for 30 projects from individual donors and corporations. Chandigarh Angels Network and Social Alpha, an angel fund backed by Tata Trusts, invested an undisclosed amount to help

Red Bull to expand enterprise accelerator to U.S.

Red Bull is expanding its social enterprise accelerator to the U.S. The company, best known for its energy drinks, launched its first program in South Africa in 2014, expanded to Brazil, and now has supported more than 100 social entrepreneurs through its Amaphiko Academy. The academy this year will run its first program in the U.S., in

Lebanon Seed Fund launches with $20 million for Mideast startups

The Lebanon Seed Fund has launched with $20 million for startups in the Middle East. The new fund from the Beirut unit of Flat6Labs, is looking to invest in 100 startups over the next five years. Most of seed funding will go to tech and science-focused ventures, such as information and communications technology, electronics, manufacturing solutions, and

Entrepreneurial Spark accelerates $188 million in follow-on funding

The 1,700 businesses that have been through Entrepreneurial Spark’s free programs at a dozen hubs in England, Scotland, Northern Ireland and Wales have attracted £151 million ($188 million) in additional investment and created 3,152 new jobs, according to the firm’s annual impact report. NatWest, KPMG Enterprise, Dell Technologies and Pinsent Masons support Entrepreneurial Spark to help

Steve Case wants to revolution-ize entrepreneurship in middle America

To reimagine agriculture, go where the farmers are. According to AOL founder Steve Case, many of the answers to how we eat, get around, consume energy and water and stay healthy will be found in the middle of the country. Case’s investment firm, Revolution LLC, has invested $840 million between the coasts and far from Silicon Valley. “Nearly