Cairo-based Money Fellows, which digitizes money circles or rotating savings and credit associations, raised a $31M Series B, bringing its total funding to $37M (Tage Kene-Okafor/TechCrunch)

Tage Kene-Okafor / TechCrunch:
Dubai-based baraka, a commission-free investment app for Middle East users to invest in US stocks and ETFs, raised a $20M Series A led by Valar Ventures  —  Stock-trading apps have multiplied over the past couple of years, targeting varying demographics and audiences that they feel need …

Tage Kene-Okafor / TechCrunch:
African e-commerce giant Jumia announces co-founders Jeremy Hodara and Sacha Poignonnec have stepped down as co-CEOs, replaced by executive Francis Dufay  —  African e-commerce giant Jumia has made a new change in management as co-founders Jeremy Hodara and Sacha Poignonnec step down effective today …

Kirsten Korosec / TechCrunch:
Helm.ai, which uses an unsupervised learning approach to its autonomous driving software, raised a $31M Series C led by Freeman Group at a $431M valuation  —  A few bright spots remain in the autonomous vehicle industry even amid macroeconomic headwinds that have nearly shut off the spigot …

Kirsten Korosec / TechCrunch:
Helm.ai, which uses unsupervised learning to train models for its autonomous driving software, raised a $31M Series C led by Freeman Group at a $431M valuation  —  A few bright spots remain in the autonomous vehicle industry even amid macroeconomic headwinds that have nearly shut off the spigot …

Brandy Betz / CoinDesk:
Estonia-based 3Commas, an automated crypto trading and portfolio management service, has raised a $37M Series B  —  The CEO of crypto custodian Copper also led the round for the trading bot-driven ecosystem.  —  3Commas, an automated crypto trading bot platform, has raised $37 million …

Politico:
Experts and Western officials say the Egyptian government’s Android app for the COP27 climate summit could help spy on emails, messages, and voice conversations  —  Western security advisers are warning delegates at the COP27 climate summit not to download the host Egyptian government’s …