News

Published: 29-03-2018 19:00:00 | By: Nico Scherphuis | hits: 460185 | Tags:

South African grocery delivery startup Yebo Fresh raises 4.5m pre-Series A funding to fuel expansion
Published: 06-02-2023 | 15:15:00 | By: Pie Kamau
Yebo Fresh, a South African grocery delivery startup has raised $4.5m in a pre-series A equity funding round.


Spanish fintech startup Snab closes €1.1m investment round to grow its B2B payments platform
Published: 06-02-2023 | 14:56:00 | By: Pie Kamau
Snab, the Spanish payment platform that allows payments and transfers between companies in one click, has raised €1.1 million in its first funding round.


South African digital lender Lulalend raises $35m Series B funding to accelerate growth
Published: 06-02-2023 | 14:32:00 | By: Pie Kamau
Lulalend, a South African digital lender offering funding options for businesses. has raised $35 million in Series B funding to accelerate the growth of its loan book and bring new solutions to the market.


Anthropic forges partnership with Google Cloud to help deliver reliable and responsible AI
Published: 06-02-2023 | 14:19:00 | By: Pie Kamau
Google Cloud announced a new partnership with Anthropic, an AI startup focused on safety and research. Anthropic has selected Google Cloud as its preferred cloud provider.


Finance software startup Quartr signs API deal with Nordnet to enhance informed investment decisions
Published: 06-02-2023 | 12:15:00 | By: Pie Kamau
Finance software startup Quartr signed an API deal with Nordnet, the online broker in the Nordic region, reaching almost two million customers.


[Column] Xiao Feng: The 10 principles of Web3
Published: 03-02-2023 | 12:52:00 | By: Pie Kamau
What is Web3? Web3 is essentially the other side of the coin in relation to blockchain technology. When we talk about blockchain, we are also talking about Web3 to a considerable extent, and vice versa.


Ingredient biotech startup Michroma closes $6.4m seed round to bring novel food coloring to market
Published: 03-02-2023 | 12:38:00 | By: Pie Kamau
Michroma, a precision fermentation food ingredient startup, announced it has closed $6.4 million in seed financing, to fast-track the company's commercialization of sustainable natural colorants.


Bangladeshi B2B commerce platform ShopUp secures $30m debt financing to fuel expansion, strengthen supply chain operations
Published: 03-02-2023 | 11:40:00 | By: Pie Kamau
ShopUp, a full-stack B2B commerce platform in Bangladesh, announced it has secured $30 million in debt financing, to drive expansion efforts and strengthen the company's supply chain operations.


22 Milken-Motsepe Prize in AgriTech finalists push to the finish
Published: 03-02-2023 | 11:16:00 | By: Pie Kamau
The Milken Institute and the Motsepe Foundation, kicked off the final phase of the Milken-Motsepe Prize in AgriTech.


Panoramic Ventures welcomes Christy Johnson as General Partner and Chief Performance Officer
Published: 03-02-2023 | 10:40:00 | By: Pie Kamau
Panoramic Ventures, a venture capital firm based in Atlanta that partners with extraordinary founders to build category-leading companies, has welcomed Christy Johnson as General Partner and Chief Performance Officer (CPO).


AI-focused customer communications app Yobi raises $2.37m seed funding to accelerate growth
Published: 03-02-2023 | 10:29:00 | By: Pie Kamau
Yobi, the AI-focused customer communications app catering specifically to the small business community, announced it has raised a total of $2.37 million as part of its oversubscribed seed round.


French hydrogen startup HySiLabs raises €13m Series A funding to accelerate growth
Published: 02-02-2023 | 13:16:00 | By: Pie Kamau
HySiLabs, the novel hydrogen transport and storage technology developer, announced €13 million Series A financing led by Equinor Ventures, and joined by the European Innovation Council Fund, EDP Ventures and PLD Automobile.


12 African startups selected for Techstars Accelerator program in Lagos, Nigeria
Published: 02-02-2023 | 12:49:00 | By: Pie Kamau
ARM Labs Lagos Techstars Accelerator, a Lagos-based program to build early-stage African fintech and proptech startups has announced its inaugural class. The cohort is made up of ten Nigerian and two Kenyan startups, with 50% female CEOs. 


Raven Indigenous Capital Partners closes $100m venture capital fund to support native American entrepreneurs
Published: 02-02-2023 | 12:40:00 | By: Pie Kamau
Raven Indigenous Capital Partners announced the final closing of a $100 million Indigenous venture capital fund that provides patient capital and a culturally grounded community of support.


Google opens new accelerator program for women founders in Africa
Published: 02-02-2023 | 12:22:00 | By: Pie Kamau
Google has announced an accelerator program aimed at providing resources and opportunities for women founders in Africa.


Deep-tech startup KrossLinker develops cost-effective aerogel insulation to accelerate energy efficiency adoption
Published: 02-02-2023 | 12:08:00 | By: Pie Kamau
KrossLinker, an energy-efficiency-focused deep-tech advanced material startup, is designing and developing the world's most insulating nanomaterial, aerogel, that is low-cost, environmentally friendly, and scalable.


Kenyan rural Internet Service Provider Mawingu raises $9m to scale its operations across the country
Published: 02-02-2023 | 11:33:00 | By: Pie Kamau
Rural Internet Service Provider (ISP), Mawingu has raised $9 million in Series B funding to scale its operations across Kenya.


Spotcovery, serving as a bridge between African Americans and Africans, launches optimization tool on site
Published: 01-02-2023 | 14:22:00 | By: Pie Kamau
Spotcovery, the innovative media platform that connects descendants of the African continent while promoting culture, creativity, entrepreneurship and economic growth, has launched the Slickstream optimization tool.


German startup Maya Climate closes €1.2m pre-seed funding round to accelerate growth
Published: 01-02-2023 | 12:16:00 | By: Pie Kamau
Maya Climate, a Berlin-based global project financing platform for natural capital projects, announced a pre-seed funding of €1.2m led by Germany’s High-Tech Gründerfonds (HTGF), one of Europe’s leading seed investors.


Portuguese startup Coverflex closes €15m Series A round to expand its Compensation OS in Europe
Published: 01-02-2023 | 11:57:00 | By: Pie Kamau
Portuguese startup Coverflex closed €15m Series A round, to expand its Compensation OS in yet another European market, the Italian one!


TBD Health raises $4.4m seed round to expand its hybrid sexual healthcare offerings
Published: 01-02-2023 | 11:35:00 | By: Pie Kamau
TBD Health, a sexual healthcare provider revolutionizing the medical landscape through unparalleled digital and in-person clinical care, announced a $4.4 million seed round.


Squid raises $3.5m to build next-generation cross-chain swaps
Published: 01-02-2023 | 11:09:00 | By: Pie Kamau
Squid, a Zug, Switzerland-based provider of a routing protocol that enables users and developers to easily access cross-chain liquidity, raised a $3.5m seed round led by North Island Ventures.


Pre-sale home renovation startup Freemodel raises $19.5m Series A funding to expand its service offering
Published: 01-02-2023 | 10:39:00 | By: Pie Kamau
San Francisco Bay Area-based tech-enabled home renovation company Freemodel, announced it has secured a $19.5 million series A investment led by QED Investors.


Cell therapy startup FibroBiologics launches public funding campaign with StartEngine.com
Published: 01-02-2023 | 10:26:00 | By: Pie Kamau
FibroBiologics, a clinical-stage company focused on the development of fibroblast cell-based therapeutics for chronic diseases, launched an online funding campaign with StartEngine, an equity crowdfunding platform.


[Startup Interview] Don Okoth, General Manager, Sendy, Kenya
Published: 31-01-2023 | 10:55:00 | By: Pie Kamau
Don Okoth is General Manager for Kenyan Fulfillment and Logistics startup Sendy. In this interview, he talks about the current state of logistics in Kenya and beyond, including Sendy's role in shaping the industry.


Hatchfi launches out of beta, raises $1.2m pre-seed to enable fintech apps bridge the gap to Web3
Published: 31-01-2023 | 10:47:00 | By: Pie Kamau
Hatchfi, a crypto integration platform that allows users to seamlessly connect crypto accounts to any app like they would a bank account, launched out of beta on the heels of a $1.2 million pre-seed raise.


Adenia Partners announces $300m first close for fund V
Published: 31-01-2023 | 10:33:00 | By: Pie Kamau
Adenia Partners , a private markets investment firm committed to responsible investing and a sustainable Africa, has announced the first close of its fifth flagship fund, Adenia Capital (V) L.P. with $300 million commitments from investors.


Kenyan healthtech startup Zuri Health raises funding to expand across Africa
Published: 31-01-2023 | 10:25:00 | By: Pie Kamau
Kenyan healthtech startup Zuri Health announced it has raised an undisclosed amount of funding from Moroccan VC UM6P Ventures. The funds will be used to support Zuri’s growth and expansion across Africa.


Fulcrum Venture announces fifth cohort of its accelerator program
Published: 31-01-2023 | 10:16:00 | By: Pie Kamau
After reviewing hundreds of startups, Fulcrum Venture Accelerator, the startup accelerator for mission-driven entrepreneurs, announced its fifth cohort of promising young companies set to graduate in March 2023. 


Startup Genome partners with Endeavor to research the Detroit region's entrepreneurial ecosystem
Published: 31-01-2023 | 09:51:00 | By: Pie Kamau
Startup Genome and Endeavor are working together to study and support the Detroit region's entrepreneurial and innovation ecosystem development.


Climate finance trading platform Senken raises $7.5m to streamline and expand carbon markets offerings
Published: 30-01-2023 | 10:52:00 | By: Pie Kamau
Senken, the climate finance trading platform of on-chain carbon credits, announced it has raised $7.5 million in new funding, the most significant capital raise in its industry, led by Obvious Ventures.


Swedish AI startup Viking Analytics raises more than €3m Series A funding for global expansion
Published: 30-01-2023 | 10:32:00 | By: Pie Kamau
Viking Analytics, a Swedish startup developing AI-based machine health monitoring technology, announced the closing of its Series A round, co-led by Belgium-based Finindus and Sweden-based Industrifonden.


Free From Market raises $2.1m seed round for its food is medicine platform to treat chronic health conditions
Published: 30-01-2023 | 09:59:00 | By: Pie Kamau
Free From Market (FFM), the patient-driven digital platform, announced it has closed a $2.1 million seed investment.


Las Vegas startup Roots Homes raises $2.2m to make homeownership easy for Millennials and Gen Z
Published: 30-01-2023 | 09:22:00 | By: Pie Kamau
Roots Homes, the Las Vegas-based startup pioneering fractional homeownership, announced a $2.2 million funding round led by Other Ventures, with participation from Behind Genius Ventures.


European digital asset platform Bitpanda launches SaaS product for banks, fintechs
Published: 30-01-2023 | 09:08:00 | By: Pie Kamau
Bitpanda, a European digital asset platform, announced the launch of Bitpanda Technology Solutions, the most scalable Investing-as a-service infrastructure available in Europe and globally.