SoftBank’s second Vision Fund has led a new round of funding for Silicon Valley-based drug delivery firm Alto Pharmacy that valued it at over $1 billion, according to two people familiar with the development.
With the funding, Flutterwave will invest in technology and business development to grow market share in existing operating countries, CEO Olugbenga Agboola — aka GB — told TechCrunch.
The company will also expand capabilities to offer more services around its payment products.
Culdesac is a $140 million Arizona development is banning residents from bringing their own cars in favor of scooters, bikes and ride-sharing, testing demand for a new type of walkable neighborhood.
The 1,000-person rental community, which broke ground this month in Tempe, won’t allow residents to park cars on site or in the surrounding area as a term of their leases. The founders say it will be the first of its kind in the U.S.