In a role reversal, Xalts, a Singapore fintech startup founded 18 months ago, has acquired Contour Network, a digital trade platform set up by eight major banks.
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Singapore-based fintech Xalts acquires digital trade platform Contour Network

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It’s still unclear whether cloud gaming will ever become the next big thing. 
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Playruo lets you try game demos from your web browser

The company produces plant-based ingredients from raw microalgae biomass, generated from spirulina or chlorella, that it claims is more nutritious than meat.
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Edonia grabs €2M to turn microalgae into less bitter-tasting ground meat alternative

Madica, an investment program launched by US-based investor Flourish Ventures to back pre-seed startups in Africa, plans to invest in up to 10 ventures by the end of the year, ramping up its funding efforts after closing three initial three deals.
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Madica, a program by Flourish Ventures, steps up pre-seed investing in Africa

Conversational AI platform Parloa has nabbed $66 million in a Series B round of funding, a year after the German startup raised $21 million from a swathe of European investors to propel its international growth.
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Parloa, a conversational AI platform for customer service, raises $66M

Although many students in the United States enter community colleges intending to transfer to four-year universities, only 16% of those students receive bachelor’s degrees within six years
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Singapore-based fintech Xalts acquires digital trade platform Contour Network

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