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The Briefing: Senegal’s Wave Snags $200M, Quantum Machines Picks Up $50M, And More



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Here’s what you need to know today in startup and venture news, updated by the Crunchbase News staff throughout the day to keep you in the know.
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Senegal’s Wave lands $200M for mobile money platform
Wave, a Senegal-based provider of a mobile money platform targeting countries in sub-Saharan Africa, raised $200 million in a Series A funding round led by Sequoia Heritage, Founders Fund, Stripe and Ribbit Capital.
The round is the largest ever Series A round for the region, per TechCrunch reporting, and sets a valuation for Wave around $1.7 billion. The startup is …

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