AI and SaaS, EV charging, and $250 million in new funding

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Hello. Welcome to Equity, the startup business podcast. Uncover the numbers and nuances behind the headlines.

This is our newly renewed Wednesday episode where we talk about all things startups and venture capital. The Weekend News Roundtable remains the same and we are recording interviews as needed this year.

Here’s what we found out this morning:

• Vertice raises $25 million: The bet here is whether companies are willing to pay another company (in this case Vertice) to help them reduce their existing software and cloud spend. is.
• Electra wins $330 million: EV charging is big business, and Electra is betting that building its own charging network will pay dividends over time.
• Build a Rocket Boy raises $110 million: This is a big round for a game company that doesn’t have any titles on the market. That being said, raising this much money in today’s market requires some super cool ingredients.
• We also considered rounds from Onera, Weavix, Long Story Short, and Xyte. We have a lot going on!
• Tom Best raises new funds. Another day, another new funding raised. This is the story of his $250 million Tom Best.

Finally, good news is on the horizon for African startups. See you again early on Friday!