News

Published: 29-03-2018 19:00:00 | By: Nico Scherphuis | hits: 214216 | Tags:

Marketing AI Institute closes $1m seed round, appoints new Chief Growth Officer
Published: 11-05-2021 | 12:29:00 | By: Pie Kamau
Marketing Artificial Intelligence Institute has appointed Cathy McPhillips to Chief Growth Officer, and announced the closing of a $1 million seed round to accelerate understanding and adoption of artificial intelligence across the marketing industry.


Loan infrastructure startup Spinwheel raise $11m to better manage, pay consumer debt
Published: 11-05-2021 | 12:16:00 | By: Pie Kamau
Spinwheel, the platform that lets companies embed consumer debt solutions in their applications, disclosed fundraising of $11 million led by QED Investors with participation from Core Innovation Capital, Fika Ventures, and Firebolt Ventures.


Chinese biopharma startup Alebund Pharmaceuticals raises $60m in Series B financing round
Published: 11-05-2021 | 12:04:00 | By: Pie Kamau
Alebund Pharmaceuticals, a biopharmaceutical company dedicated to developing innovative therapies for the treatment of renal diseases and related chronic conditions, announced the raise of $60 million in its Series B financing round.


AI-powered fintech startup Expend announces impressive start to crowdfunding campaign
Published: 11-05-2021 | 11:25:36 | By: Pie Kamau
Expend, the AI-powered fintech startup changing the way businesses manage expenses and spending, announced a great start to its crowdfunding campaign on Seedrs.


Legatum Center launches inaugural Legatum Foundry Fellowship for entrepreneurs in Africa
Published: 11-05-2021 | 11:18:56 | By: Bob Koigi
At an inflection point in their entrepreneurial journeys, Fellows will learn from MIT faculty, connect with investors, and expand their network of peer innovators.


Robotics startup ViaBot announces public launch with $6.1m in funding
Published: 11-05-2021 | 11:11:00 | By: Pie Kamau
ViaBot, a robotics startup bringing maintenance and management automation to large properties, announced its public launch with $6.1 million in funding.


UN launches hunt for startups and enterprises changing the face of food systems
Published: 10-05-2021 | 11:03:00 | By: Pie Kamau
The UN Food Systems Summit has announced a competition to identify the best small and medium-sized enterprises (SMEs) from across the world who are transforming food systems for a better tomorrow.


Danish startup MATE accelerates e-Bike expansion with new funding from Marcy Venture Partners
Published: 07-05-2021 | 12:47:00 | By: Pie Kamau
The Danish design startup MATE announced a new investment from Marcy Venture Partners to accelerate the future of smart transportation, with the global aim for the world to go greener via a new, smarter, more flexible, and flashy form of transportation.


Revere VC raises $1.35 m seed round to give venture capital its vanguard moment
Published: 07-05-2021 | 12:34:00 | By: Pie Kamau
Revere VC, a San Francisco and Hong Kong based asset management firm, announced the launch of its flagship products and services; "The Portal,' a curated VC platform, and its inaugural fund strategy, 'The Prime Access Fund.'


Quantum drug discovery startup PolarisQB hires pharmacologist Ian Reynolds as Advisor
Published: 07-05-2021 | 12:14:10 | By: Pie Kamau
Quantum drug discovery startup Polarisqb has hired Dr. Ian Reynolds, a world renowned expert in pharmacology, as an Advisor to the company.


Mental health biotech startup Gilgamesh Pharmaceuticals closes $27m Series A round
Published: 07-05-2021 | 12:00:00 | By: Pie Kamau
Gilgamesh Pharmaceuticals, a mental health science focused biotechnology company utilizing psychedelic-related medicines for the treatment of neuropsychiatric conditions, today announced the closing of a $27 million Series A round of funding.


Mastercard Start Path selects Tippy to grow fintech solution for service industry professionals
Published: 07-05-2021 | 11:51:00 | By: Pie Kamau
Tippy, the digital tipping platform, announced it has been selected to join Mastercard Start Path, an award-winning program for fintech innovators.


MentalHappy startup closes $1.1m seed round to expand worldwide expert-led peer support groups
Published: 06-05-2021 | 12:12:00 | By: Pie Kamau
MentalHappy, an online mental health platform designed to help individuals improve their emotional wellbeing through positive peer support, announced the close of a $1.1 million seed funding round.


FarmTogether, Backstage Capital join forces to generate grater access to diverse farmland investments
Published: 06-05-2021 | 11:50:00 | By: Pie Kamau
FarmTogether, the technology-enabled investment platform democratizing access to farmland, announced a partnership with Backstage Capital, an investment firm focused on startups founded by people of color, women, and members of the LGBTQ community.


The Batchery introduces next wave of innovative startups in Berkeley, California
Published: 06-05-2021 | 11:12:00 | By: Pie Kamau
The Batchery announced its 12th Demo Day featuring eleven early-stage startups from the Berkeley-based incubator's intensive Deep Dive program.


Kenyan fintech startup Kwara selected for Japan-led Ninja Accelerator programme
Published: 06-05-2021 | 10:56:00 | By: Pie Kamau
Digital banking platform and fintech company Kwara has been selected for the first cohort of the Ninja Accelerator programme in Kenya.


Kenyan insurtech startup Lami Technologies raises $1.8m in seed funding
Published: 06-05-2021 | 10:49:00 | By: Pie Kamau
Lami Technologies, a Kenyan insurance technology (insurtech) company that aims to democratize insurance products and services for low-income Kenyans, has raised $1.8 million in seed funding.


[Startup Interview] Marvin Akankwasa, CEO, Social Lend Africa, Uganda
Published: 05-05-2021 | 16:33:00 | By: Bob Koigi
Social Lend Africa is a Uganda-based financial technology company that facilitates transactions between micro-lenders and small business owners on its web and mobile app


DBSA launches second edition of the Youth Challenge in South Africa
Published: 05-05-2021 | 16:02:56 | By: Pie Kamau
The Development Bank of Southern Africa (DBSA), launched the second edition of the DBSA Youth Challenge, a competition aimed at harnessing innovative solutions from young people in South Africa to help address infrastructure challenges.


Deathcare startup Parting Stone closes $1.3m in funding round to accelerate growth
Published: 05-05-2021 | 13:44:00 | By: Pie Kamau
Parting Stone, the deathcare startup solving the uncomfortable experience of dealing with cremated remains, announced the close of a $1.3 million seed-plus capital raise.


Foodtech startup GrubMarket acquires Vaccaro & Sons to expand to St. Louis, Missouri
Published: 05-05-2021 | 13:24:00 | By: Pie Kamau
San Francisco-based food technology startup GrubMarket announced it has completed the acquisition of Vaccaro & Sons in St. Louis, Missouri.


Asset management startup JupiterOne raises $30m Series B funding to accelerate growth
Published: 05-05-2021 | 13:05:00 | By: Pie Kamau
JupiterOne, the provider of cyber asset management and governance solutions, announced a $30-million Series B funding round led by Sapphire Ventures to support the company's rapid growth in revenue, customers, and employees.


Untapped Ventures joins Global Startup Studio Network to help people self-actualize at work
Published: 05-05-2021 | 12:42:55 | By: Pie Kamau
Untapped Ventures (Untapped) announced it has been accepted in the exclusive Global Startup Studio Network (GSSN) community.


West Africa's Uhuru Investment Partners closes growth fund at $113m with capital support from CDC
Published: 05-05-2021 | 12:18:00 | By: Pie Kamau
Uhuru Investment Partners (Uhuru), a middle-market private equity firm based out of Lagos and Abidjan, announced the first close of Uhuru Growth Fund I (UGF) at $113 million, with capital support from CDC Group.


Atlanta-based startup Outsource Monetic commences commercial and technical operations in West and Central Africa
Published: 04-05-2021 | 16:56:00 | By: Pie Kamau
Outsource Monetic™, an Atlanta GA based startup, officially started its commercial and technical operations in West and Central Africa regions.


Mastercard invests in Rwandan femtech e-Commerce startup Kasha Global
Published: 04-05-2021 | 12:47:00 | By: Pie Kamau
Mastercard announced a new investment in Rwandan female-focused e-Commerce platform Kasha Global, to continue shared efforts to ensure women across emerging markets have essential access to health.


VISO Trust raises $3m to deliver automated third party cyber due diligence at the speed of business
Published: 04-05-2021 | 12:35:00 | By: Pie Kamau
VISO Trust announced it has raised $3 million in seed funding to automate third party cyber due diligence with an AI-driven social due diligence network.


interviewIA secures $2m seed round to expand HR tech product offerings
Published: 04-05-2021 | 12:17:00 | By: Pie Kamau
interviewIA, a technology platform that manages all aspects of the job interview workflow to enable the coexistence of equitable and efficient hiring, has raised $2 million in its seed round.


Fortú launches Latino digital bank, raises $5m led by Valar Ventures
Published: 04-05-2021 | 12:05:00 | By: Pie Kamau
Fortú announced the launch of its digital bank account focused on Latino and Hispanic U.S. residents who remain underserved by the "one size fits all" approach of traditional financial institutions.


Hashflow raises $3.2m seed round to bring professional market makers to DeFi
Published: 04-05-2021 | 11:49:00 | By: Pie Kamau
Hashflow, a decentralized exchange connecting DeFi traders with top crypto market makers, closed a seed funding round of $3.2 million from leading venture capital firms and angel investors.


CVS Health launches $100m venture fund
Published: 30-04-2021 | 13:24:00 | By: Pie Kamau
CVS Health announced the launch of CVS Health Ventures, a dedicated corporate venture capital fund that will invest in and partner with high-potential, early-stage companies focused on making health care more accessible, affordable, and simpler.


Fintech startup Trust Payment expands into Ireland
Published: 30-04-2021 | 13:12:41 | By: Pie Kamau
Trust Payment has expanded into Ireland. The payments technology group will open an office in Dublin city centre as it seeks to benefit from local talent and rapid growth in the country's Fintech sector.


Dutch impact investment firm Goodwell Investments launches €50 million fund to support African SMEs
Published: 30-04-2021 | 13:04:00 | By: Bob Koigi
Goodwell V will build a new portfolio of companies across various sectors in Africa: at least a third will be invested in financial inclusion, a quarter in agriculture, and the remainder in mobility and other impact sectors such as education and healthcare.


i2020 Accelerator announces new investments in cancer, inflammation and neurology-focused therapeutics
Published: 30-04-2021 | 13:00:00 | By: Pie Kamau
i2020, an accelerator program backed by the San Diego-based venture company Torrey Pines Investment, announced multiple startup and follow-on investment rounds together with OrbiMed.


Biotech startup ResBiotic raises $3m seed round, announces leadership team
Published: 30-04-2021 | 12:49:00 | By: Pie Kamau
University of Alabama at Birmingham's biotech startup ResBiotic, announced a $3 million seed round to support the development and commercialization of groundbreaking probiotic formulations for lung health.