Nigerian Anti-Counterfeit Startup Chekkit secures $500k Pre-seed Funding

Chekkit Technologies have closed a pre-seed funding round of $500,000 with several notable investors coming on board. Joining this investment round are Launch Africa, Japan Strategic capital, Blockchain Founders Fund, and two syndicate groups of angel investors. Completing the funding is a grant from the Orange Corners program. The vision of Chekkit has always been to save lives by becoming the leading product authentication and distribution tracking solution around the globe.

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MIT And Harvard Agree To Transfer Edx To Ed-Tech Firm 2U

Massachusetts Institute of Technology [MIT] and Harvard University have announced a major transition for edX, the nonprofit organization they launched in 2012 to provide an open online platform for university courses: edX’s assets are to be acquired by the publicly-traded education technology company 2U, and reorganized as a public benefit company under the 2U umbrella.

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Jiji Acquires Cars45 as Part of Plans to Diversify its Business

One of Africa’s largest e-commerce platforms, Jiji has acquired cars45, an online marketplace for people to buy, sell or swap used cars. This is part of Jiji’s plan Jiji to explore a different business model from classified for the first time since its launch in 2014. This transaction will be the first of its kind since 2014 that Jiji will explore a business outside its usual classifieds model, which has brought it profitability according to the company.

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