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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 2119383 | Tags:

645 Ventures closes $347m fourth fund and first opportunity fund to invest in technology startups
Published: 02-12-2022 | 12:17:00 | By: Pie Kamau
645 Ventures, an early-stage venture capital firm that partners with exceptional founders building iconic technology companies, announced its oversubscribed fourth fund, Fund IV, alongside the launch of the firm's first opportunity fund, Select I.


Canadian B2B automotive trading startup TRADE X opens new trading facilities in Kenya
Published: 02-12-2022 | 11:56:00 | By: Pie Kamau
TRADE X, a B2B cross-border automotive trading platform based in Ontario, Canada, announced it has opened a new Kenyan trading corridor, which includes both a shared bonded warehouse in Mombasa and an office in Nairobi.


[Nebulab Case] How this e-Commerce tech studio went global to fight talent shortage and improve diversity
Published: 02-12-2022 | 11:42:00 | By: Pie Kamau
Hiring talent has become one of the top challenges for technology companies. The global talent shortage and emerging trends have made finding and retaining skilled professionals more difficult.


Identity hygiene startup SPHERE raises $31m Series B funding to accelerate growth, expand its SaaS platform
Published: 02-12-2022 | 11:21:00 | By: Pie Kamau
SPHERE Technology Solutions (SPHERE), a pioneer in identity hygiene, announced a $31 million Series B investment led by Edison Partners, a Princeton-based growth equity firm.


Yida Gao and Shima Capital invest in Web3 gaming startup Midnight
Published: 02-12-2022 | 10:52:00 | By: Pie Kamau
Shima Capital, led by founder and Managing General Partner Yida Gao, announced their investment in Web3 gaming startup Midnight.


Swedish automotive manufacturer Scania launches Scania Growth Capital II at €182.8m
Published: 01-12-2022 | 11:32:00 | By: Pie Kamau
Sweden-based automotive company Scania, announced it is launching a new €182.8 million investment vehicle, Scania Growth Capital II, following the success of its first venture capital fund, Scania Growth Capital I.


Netail closes $5m seed funding to advance retail-focused AI development
Published: 01-12-2022 | 10:54:00 | By: Pie Kamau
Netail, a technology that enables retailers to auto-identify competitors across the internet and track their assortments, availability and optimize prices in real time, announced the closing of $5 million in seed funding.


Travel startup Wander raises $100m credit facility from Credit Suisse to scale smart vacation homes across the U.S.
Published: 01-12-2022 | 10:36:00 | By: Pie Kamau
Wander, a travel startup with a network of smart vacation homes, announced it has closed a $100 million credit facility with Zürich-based Credit Suisse, a global investment bank and financial services firm.


StartupOS launches platform for early-stage startups
Published: 01-12-2022 | 10:08:00 | By: Pie Kamau
StartupOS announced it has launched a platform for early-stage startups that provides free access to the business tools, guidance, mentors, and investors that founders need to accelerate the growth of their company and raise capital.


Nigerian foodtech Orda raises $3.4m seed round to digitize African restaurants
Published: 01-12-2022 | 09:48:00 | By: Pie Kamau
Nigerian foodtech platform Orda announced has raised a $3.4 million seed round to further digitize food businesses across the continent.


Agroforestry startup Propagate raises $10m Series A funding to accelerate growth
Published: 30-11-2022 | 13:02:00 | By: Pie Kamau
Propagate, a commercial agroforestry platform, has closed a $10 million Series A led by Belgium-based The Nest.


Chinese web3 startup Viide shows ambition to leverage advertising through Decentralized Screen Network
Published: 30-11-2022 | 12:47:00 | By: Pie Kamau
Viide, a web3 startup has shown its ambition to leverage the value of web3 advertising in China through its Decentralized Screen Network.


Second Century Ventures expands REACH program to Latin America, opens applications for 2023 program
Published: 30-11-2022 | 12:22:00 | By: Pie Kamau
Second Century Ventures, the strategic investment arm of the National Association of Realtors, announced the expansion of the award-winning REACH technology growth program to Latin America.


Kenyan fintech startup Hisa unveils realtime stocks trading
Published: 30-11-2022 | 11:55:00 | By: Pie Kamau
Fintech startup Hisa has launched an application that allows Kenyans to invest in the stock market directly from their phones using mobile money.


Nigerian fintech startup Pivo raises $2m seed round to accelerate growth
Published: 30-11-2022 | 11:45:00 | By: Pie Kamau
Nigerian fintech startup Pivo, announced the closing of $2 million seed round with participation from Precursor Ventures, Vested World, Y Combinator, FoundersX and existing investor, Mercy Corp Ventures.


Cyndx launches Valer to generate faster and more accurate startup valuations
Published: 29-11-2022 | 14:42:14 | By: Pie Kamau
Cyndx, an AI-powered search and discovery engine built to simplify deal origination, has announced the launch of Valer, the company's new corporate valuation tool.


[ Lithuanian Unicorns] An insatiable hunger to prove their talent drives Lithuanian startups' growth
Published: 29-11-2022 | 14:34:00 | By: Pie Kamau
Smashing its records year by year, Lithuania's startup ecosystem has proved that there're no limits to growth. According to Dealroom.co, over the last five years, it has accelerated 16.6 times and is now valued at €10 billion.


Israeli foodtech startup ChickP raises dairy-free ice cream to new heights
Published: 29-11-2022 | 14:20:00 | By: Pie Kamau
ChickP Protein, a food-tech startup, has introduced chickpea protein isolate for plant-based ice cream. Protein from this ancient crop zeroes in on the non-dairy category to make a tasty plant-based frozen dessert.


Speech AI startup Deepgram completes $47m Series B round to define the future of speech understanding
Published: 29-11-2022 | 14:10:00 | By: Pie Kamau
Speech AI startup Deepgram announced it has raised $47 million in equity funding led by Madrona, with Alkeon participating as a new investor, to define the future of speech understanding.


Canadian SaaS startup Produce8 closes $6m investment to accelerate growth in the future of workforce analytics
Published: 29-11-2022 | 13:58:00 | By: Pie Kamau
Produce8, a startup SaaS company aiming to reduce distractions and increase productivity for distributed and digital-first teams, announced $6 million in funding to support strategic growth.


Belgian coliving startup Cohabs joins forces with real estate investors to accelerate growth
Published: 28-11-2022 | 11:06:00 | By: Pie Kamau
Cohabs, a Brussels-based company specializing in coliving, announced the entry into its capital of three new institutional investors: Ivanhoé Cambridge, Belfius Insurance, and the real estate arm of the Belgian Sovereign Fund (SFPIM - Real Estate).


Medical device startup Nyra Medical closes $20m Series A financing for its transcatheter heart valve repair technology
Published: 28-11-2022 | 10:47:00 | By: Pie Kamau
Nyra Medical, a medical device company that is developing a novel transcatheter mitral valve repair technology, announced the closing of a $20 million Series A financing.


Heidelberg-based FundaMental Pharma launches with €10m seed financing to advance a First-in-Class neuroprotectant
Published: 28-11-2022 | 10:38:00 | By: Pie Kamau
FundaMental Pharma (FundaMental), a preclinical neuroscience company spun out of Heidelberg University, announced it has launched with €10 million in seed financing led by BioGeneration Ventures (BGV).


eureKARE co-leads €5m seed investment in Biomemory which is advancing cutting-edge DNA-based data storage solutions
Published: 28-11-2022 | 10:13:00 | By: Pie Kamau
eureKARE, an innovative investment company for disruptive synthetic biology applications, announced it has co-led a €5 million seed funding round in Biomemory.


MyMonty calls to all banks, MNOs and startups: the time for digitization is now!
Published: 28-11-2022 | 09:33:00 | By: Pie Kamau
In 1998, Mountasser Hachem founded Monty Holding, which has since become a giant in the telco sector, achieving unprecedented global penetration.


New Adevinta Ventures report reveals that B2B Marketplaces outperform other tech segments in VC funding
Published: 25-11-2022 | 09:19:00 | By: Pie Kamau
Adevinta Ventures, the early-stage investment arm of Adevinta, an online classifieds specialist, is launching a new B2B marketplaces report.


Insurtech startup Surround Insurance raises $2.5m seed round to help cconsumers navigate life’s transitions
Published: 25-11-2022 | 08:59:00 | By: Pie Kamau
Insurtech startup Surround Insurance announced that it has closed a $2.5 million seed round led by MassMutual through the MM Catalyst Fund.


Global startups accelerator Luminate partners with Silicon Catalyst to speed development of emerging technologies
Published: 25-11-2022 | 08:39:00 | By: Pie Kamau
Luminate NY, the global accelerator for startups developing optics, photonics, and imaging (OPI) enabled technologies, announced it has formed a strategic partnership with Silicon Catalyst.


Berlin-based AI-powered startup Faircado raises €500K to transform E-commerce into Re-commerce
Published: 25-11-2022 | 08:23:00 | By: Pie Kamau
Faircado, a Berlin-based startup that provides the first AI-powered second-hand shopping assistance, announced it has raised €500,000 in a pre-seed round led by BackBone Ventures.


Check Point Software launches accelerator hub for Israeli cybersecurity startups
Published: 25-11-2022 | 08:05:00 | By: Pie Kamau
Check Point Software Technologies, the provider of cybersecurity solutions globally, has launched its CyberUp program, an initiative that will support Israel’s growing network of cybersecurity startups.


Tanzanian CPG startup Ramani raises $32m to digitize supply chains
Published: 24-11-2022 | 09:40:00 | By: Pie Kamau
Ramani, a Tanzanian startup focused on consumer-packaged goods (CPG) supply chains,  has raised $32 million in Series A debt-equity funding to introduce new financial services as it expands its operations.


MadKudu platform secures $18m to accelerate adoption of product-led growth
Published: 24-11-2022 | 09:02:00 | By: Pie Kamau
MadKudu, the Product-Led-Growth (PLG) leader disrupting the software industry, announced today its $18 million Series A led by Felicis.


Rosotics raises $750,000 pre-seed round for novel approach to heavy industry 3D printing
Published: 24-11-2022 | 08:49:00 | By: Pie Kamau
Rosotics, innovators in additive manufacturing, announced $750,000 in pre-seed funding led by Draper Associates.


Beverage startup Hangobi raises capital on StartEngine to accelerate growth
Published: 24-11-2022 | 08:35:23 | By: Pie Kamau
Beverage startup Hangobi announced it is raising capital on SearchEngine to expand its footprint beyond NYC,  bringing its healthy drinks to the masses.


[Startup Interview] Assim Gupta, CEO, Closeloop Technologies, USA
Published: 24-11-2022 | 08:05:59 | By: Bob Koigi
Among the solutions it offers include website development, chatbots, ecommerce apps and mobile app development.


London-based workforce management startup Surfboard raises $5m seed round to accelerate growth
Published: 23-11-2022 | 11:40:00 | By: Pie Kamau
London-based startup Surfboard announced it has raised a $5 million seed round. The investment will advance Surfboard's mission of making work more human through building collaborative software.


[Column] Natalia Ahmadian: Four ways to accelerate tech transfer in Europe
Published: 23-11-2022 | 10:27:41 | By: Pie Kamau
The importance of university spin-offs has been recognized for decades. Several studies showed that Tech Transfer is beneficial for social welfare and entrepreneurial activity


[Interview] Jennifer Feaster, Speaker, YouTube Creators Festival
Published: 23-11-2022 | 10:07:00 | By: Bob Koigi
Jennifer Feaster is a Managing Partner at Age Africa, an agency that combines data and creativity to develop performance driven YouTube channels, with unique content optimized for success.


Rutgers MBA alumna Hannah Redmond realizes dream of being an entrepreneur as venture takes off
Published: 23-11-2022 | 09:58:05 | By: Pie Kamau
Hannah Redmond kept retrieving lessons from her MBA classes at Rutgers Business School as she built her startup, Happy Box, from an idea to a ranking on Inc.'s list of fastest-growing companies.


Kenyan supply chain and logistics startup Leta secures $3m pre-seed funding to accelerate growth
Published: 23-11-2022 | 09:21:00 | By: Pie Kamau
Leta, the supply chain and logistics startup driving distribution optimization, announced the close of  $3 million Pre-Seed equity round.


Plug and Play partners with Canadian airline WestJet to leverage AI and Machine Learning solutions
Published: 23-11-2022 | 09:06:00 | By: Pie Kamau
Global innovation platform Plug and Play announced its partnership with WestJet, Canada's second largest airline in both their Silicon Valley and Alberta, Canada locations.


Kenya to host international poultry expo next year
Published: 22-11-2022 | 13:00:00 | By: Bob Koigi
Demand for poultry products is on the rise in Kenya driven by an emerging middle-class created in existing and new urban settlements as a result of devolution.


Mental health-tech startup Resilience Lab raises $15m to address the U.S. systemic mental health access crisis
Published: 22-11-2022 | 11:55:00 | By: Pie Kamau
Resilience Lab, a mental health-tech company enabling communities of clinicians to collaborate to improve patient access and outcomes, announced it has raised $15 million in Series A funding.


Swiss Web3 payment startup DePay partners with WooCommerce to bring payments to online merchants
Published: 22-11-2022 | 11:34:00 | By: Pie Kamau
Swiss Web3 payment startup DePay, announced it is joining forces with the self-hostable, open-source eCommerce plugin WooCommerce, pushing decentralization further and providing merchants with the ability to have customers send payments directly to their own wallets.


Canadian B2B automotive trading startup TRADE X opens a trade route in Ghana
Published: 22-11-2022 | 11:11:00 | By: Pie Kamau
TRADE X, a B2B cross-border automotive trading platform with its headquarters in Ontario, Canada, announced it has opened a new trade route in Ghana, strengthening the company's presence in Africa.


Kenyan agritech startup Stable Foods raises $600k funding to grow its climate smart smallholder platform
Published: 22-11-2022 | 10:33:00 | By: Pie Kamau
Stable Foods, a Kenyan agritech startup offering a host of solutions to small-scale farmers, has raised $600k funding round, to build out its climate smart smallholder food production platform.


Modus expands to Sub-Saharan Africa with launch of $75m Africa-focused fund
Published: 22-11-2022 | 10:11:00 | By: Pie Kamau
Modus, a Venture Platform operating in MENA comprising VC funds, Venture Builders, and a Corporate Innovation arm, has announced the launch of Modus Africa – a $75 million SDG-focused VC fund that will invest in Africa’s boldest startups.


IBM announces five members selected for its Sustainability Accelerator programme
Published: 22-11-2022 | 10:04:00 | By: Pie Kamau
IBM has announced five global non-profits as new members of the Sustainability Accelerator programme. The programme is a global pro bono social impact program which seeks to help marginalized communities.


London-based Vektor AI raises $2.5m pre-seed round to democratize tech talent’s access to professional career advice
Published: 21-11-2022 | 10:05:00 | By: Pie Kamau
Vektor AI, an online platform for one-to-one mentorship and professional career enhancement, announced it has raised a pre-seed round of $2.5 million led by leading early-stage European VC firms.


Big data startup OneSchema raises $6.3m funding round to make ingesting CSV data magical for developers
Published: 21-11-2022 | 09:38:00 | By: Pie Kamau
Big data startup OneSchema announced a $6.3 million funding round led by General Catalyst, with participation from Sequoia Capital, Y Combinator, Elad Gil and Contrary Capital.


Paris-based sustainable deep tech startup FAIRMAT completes €34m Series A round
Published: 21-11-2022 | 09:12:00 | By: Pie Kamau
Fairmat, the Paris-based sustainable deep tech startup pioneering the recycling of advanced materials, announced it has completed its Series A funding round at a total of €34 million.


Silicon Catalyst names EXOKĒRYX as newest portfolio company admitted to the incubator
Published: 21-11-2022 | 08:44:00 | By: Pie Kamau
Silicon Catalyst, the world's only incubator focused exclusively on accelerating semiconductor solutions, announced that EXOKĒRYX has been accepted into the Silicon Catalyst Incubator program.


Pathway Homes partners with social impact technology startup Savi to address student loan debt
Published: 21-11-2022 | 08:34:00 | By: Pie Kamau
Pathway Homes (Pathway), a real estate platform with a mission to create more homeowners, announced it is partnering with impact tech company Savi to offer a tool to help Pathway customers manage their debt burden.


Austrian deep-tech startup Sarcura closes €7m to develop next-generation cell therapy manufacturing platform
Published: 18-11-2022 | 11:53:00 | By: Pie Kamau
Austrian deep-tech startup Sarcura announced the closing of an oversubscribed €7 million Seed Plus funding round to develop a next-generation cell therapy manufacturing platform.


Montreal-based BoostSecurity exits stealth with $12m seed funding to secure the software supply chain
Published: 18-11-2022 | 10:58:00 | By: Pie Kamau
BoostSecurity, the developer-first, zero friction DevSecOps automation platform that builds trust into every step of the software supply chain, has emerged from stealth with $12 million in seed funding.


Silicon Valley startup ArmorCode secures $14m Series A investment to scale AppSecOps platform
Published: 18-11-2022 | 10:40:00 | By: Pie Kamau
ArmorCode, the pioneer in AppSecOps, announced it secured a $14 million Series A investment led by Ballistic Ventures, the venture capital firm solely focused on backing cybersecurity startups.


Milken Institute and Motsepe Foundation announce $2m prize competition in green energy
Published: 18-11-2022 | 10:26:00 | By: Pie Kamau
The Milken Institute and the Motsepe Foundation, launched the Milken-Motsepe Prize in Green Energy, a $2 million prize competition to reward entrepreneurs and innovators.


SE Ventures announces €500m Fund II to accelerate climate and industrial tech startups
Published: 18-11-2022 | 09:57:00 | By: Pie Kamau
SE Ventures announced a €500 million Fund II establishing the firm as one of the largest VCs focusing on climate and industrial technology.


[Startup Interview] Ganesh Verma, Founder, MoogleLabs, Canada
Published: 18-11-2022 | 09:31:39 | By: Bob Koigi
MoogleLabs is a Canadian startup that leverages emerging technologies like artificial intelligence, machine learning, Blockchain, DevOps, and Metaverse to come up with innovative solutions that help companies become more cost-effective.


[Startup Interview] Neeraj Gupta, Founder, Salonist, Singapore
Published: 18-11-2022 | 09:31:13 | By: Bob Koigi
Neeraj Gupta the founder of Singapore-based startup Salonist explains the inspiration behind setting up the business.


GhanaWeb, Age Africa Agency sponsor YouTube Creators Festival in Ghana
Published: 17-11-2022 | 06:50:00 | By: Pie Kamau
Ghana’s leading online media platform, GhanaWeb, and Age Africa Agency, the foremost YouTube agency with a Multi-Channel Network (MCN) in Africa, are co-sponsoring the second edition of the YouTube Creators Festival.


Belgian health monitoring startup IntelliProve raises €1m to accelerate growth
Published: 16-11-2022 | 11:20:00 | By: Pie Kamau
Belgian health monitoring startup IntelliProve, announced receiving €1 million in investment from The White and Yellow Cross (Dutch: Wit-Gele Kruis), VLAIO, imec.istart Fund and other private investors to fund its market expansion and product development.


Healthtech startup Weo launches smart bottle that amplifies water's health benefits via electrolysis
Published: 16-11-2022 | 11:05:00 | By: Pie Kamau
Weo, a healthtech startup using biotechnology to alter water at the molecular level, announced its official launch of the Weo Bottle, the first-ever portable water bottle that uses electrolysis to enhance the water you drink with the touch of a button.


Healthtech company CardieX acquires wearable sensor startup Blumio
Published: 16-11-2022 | 10:52:00 | By: Pie Kamau
CardieX , a global health technology company focused on cardiovascular disease, today announced that it has acquired all the assets of Blumio, a Silicon Valley based developer of advanced algorithms and technology for cardiovascular sensors.


AI startup Prof Jim auto-converts textbooks into cinematic lessons
Published: 16-11-2022 | 10:29:00 | By: Pie Kamau
Prof Jim is launching out of stealth with one of the first practical applications of generative AI in education. This technology transforms textbooks into visually dynamic online courses.


Demand for seamless, convenient way of shopping increase growth of e-Commerce in Africa
Published: 16-11-2022 | 10:14:00 | By: Pie Kamau
The electronic commerce (e-Commerce) transaction of goods and services between business-to-consumer (B2C), business-to-business (B2B), consumer-to-consumer, and consumer-to-business, has become rampant in this digital age.


Mobility startup BasiGo secures $6.6m funding to accelerate electric bus uptake in Kenya
Published: 16-11-2022 | 10:06:00 | By: Pie Kamau
BasiGo, the first company to introduce electric buses into Kenya, has announced $6.6 million in new funding led by Mobility54.


Global innovation platform Plug and Play to launch crypto and digital assets innovation platform
Published: 16-11-2022 | 10:02:00 | By: Pie Kamau
Global innovation platform Plug and Play, together with founding partners Visa, AllianceBlock, The INX Digital Company, IGT, and Franklin Templeton, has announced the launch of their new Crypto and Digital Assets program.


European software investment firm Round2 Capital completes first closing of €100m software lending fund
Published: 15-11-2022 | 11:09:00 | By: Pie Kamau
European software investment firm Round2 Capital has completed the first close of its second software lending fund with €62 million, expanding its total assets-under-management to €115 million.


Mobile game startup Luckmon raises $1.3m pre-seed round to bring popular casual games reward platform
Published: 15-11-2022 | 10:50:00 | By: Pie Kamau
Luckmon, a casual mobile game development startup based in Irvine, California, has officially announced its early-round pre-seed fundraising has closed on a whopping $1.3 million.


Full-service marketing agency Suite Innovators launches to drive exponential growth for health and wellness tech startups
Published: 15-11-2022 | 10:37:00 | By: Pie Kamau
Suite Innovators announced the launch of its boutique marketing agency dedicated to driving unprecedented levels of growth and acclaim for health, wellness, and fitness technology startups.


Burns & Levinson names Robert Chow as Co-Chair of Venture Capital and Emerging Companies Group
Published: 15-11-2022 | 10:07:00 | By: Pie Kamau
Burns & Levinson announced that partner Robert Chow has been named Co-Chair of the firm's Venture Capital & Emerging Companies Group.


Singapore-based VentureBlick launches global search for healthcare startups
Published: 15-11-2022 | 09:53:00 | By: Pie Kamau
VentureBlick, a fundraising platform matching healthcare startups with medical investors, has launched its worldwide search to identify promising healthcare startups for the medical community to evaluate, advise, and fund.


Katapult launches startup accelerator in Kigali, Rwanda
Published: 14-11-2022 | 17:05:00 | By: Pie Kamau
Katapult Africa announced the launch of its Accelerator program in Kigali, Rwanda, welcoming 9 companies to the Katapult portfolio.


London-based zero-trust enterprise browser SURF launches out of stealth with seed investment round
Published: 14-11-2022 | 16:56:00 | By: Pie Kamau
New zero-trust enterprise browser SURF, announced it has launched out of stealth with an investment round led by 11.2 Capital, Okta Ventures, Mango Capital and security-focused Angel investors.


Ultra-convenient healthy meals startup Proper Good closes seed funding to bring absurdly delicious products
Published: 14-11-2022 | 15:42:27 | By: Pie Kamau
PROPER GOOD, an ultra-convenient home-delivered food service company that offers nutritious prepared meals made with simple and high quality ingredients, announced the closing of $3.5 million in seed funding.


SaaS startup ProsperStack raises $2m seed round to accelerate growth
Published: 14-11-2022 | 14:49:00 | By: Pie Kamau
ProsperStack, a pioneeer in cancellation flow software boasting the ability to reduce subscriber churn by up to 30%, announced the closing of $2 million Seed round, led by Sandalphon Capital.


Gen-Z founded Voyce.Me closes seed round at $2.5m led by Torch Capital
Published: 14-11-2022 | 14:38:00 | By: Pie Kamau
 Voyce.Me, a first-of-its-kind manga and webtoon creator platform founded by 21-year-old Dylan Telano, closed a seed round at $2.5 million led by Torch Capital.


ACRE Africa targets Kenyan farmers with climate smart insurance
Published: 11-11-2022 | 11:00:00 | By: Bob Koigi
Insurance can help cushion smallholder farmers from crop and financial losses that occur as a result of climate change, yet many are reluctant to invest in such schemes. But why?


Silicon Valley based IoT startup MODE announces new funding to accelerate growth
Published: 11-11-2022 | 08:06:00 | By: Pie Kamau
MODE, a Silicon Valley based IoT solutions provider, announced it has raised funds from Panasonic Corporation (Panasonic), a corporate venture capital (CVC) fund jointly managed with SBI Investment.


Nigerian money app Kuda launches in the UK
Published: 11-11-2022 | 07:49:00 | By: Pie Kamau
Nigerian money app Kuda, announced it is launching in the UK as part of a global expansion drive with a view to serving the cross-border transfer needs of UK-based Nigerians.


Israeli DevOps startup Port raises $7m to build an internal developer portal that fits any engineering organization
Published: 11-11-2022 | 07:39:00 | By: Pie Kamau
Israeli DevOps startup Port announced it had raised $7 million in seed funding for its comprehensive builder-based internal developer portal. The seed round was led by TLV Partners. 


Service industry career platform WorkTorch raises $2.2m additional funding and rebrand from QuickHire
Published: 11-11-2022 | 07:17:00 | By: Pie Kamau
WorkTorch, a fast-growing service industry career platform, announced a $2.2 million seed round, led by Tenzing Capital out of Wichita, Kansas.


Swedish startup Finch secures €2.5m funding to spearhead the shift from manual to generative workflows in the AEC industry
Published: 11-11-2022 | 07:05:00 | By: Pie Kamau
Swedish startup Finch announced it has secured €2.5 million funding to spearhead the shift from manual to generative and data-driven workflows in the architecture, engineering and construction (AEC) industry.


Kenyan logistics startup Sendy raises funding from Japanese VC MOL PLUS to accelerate growth
Published: 11-11-2022 | 06:34:00 | By: Pie Kamau
Kenyan fulfillment and logistics startup Sendy, announced it has received funding from MOL PLUS the Corporate Venture Capital of Japanese transport firm Mitsui O.S.K. Lines (MOL).


Digital solutions startup Bantoo joins the Smart Africa Alliance
Published: 11-11-2022 | 06:26:00 | By: Pie Kamau
The Smart Africa Alliance announced it has welcomed digital solutions platform Bantoo to the alliance, to advance technological developments in the continent.


Biotech startup Avstera Therapeutics closes seed round to advance its lead programs targeting solid tumors
Published: 10-11-2022 | 14:23:00 | By: Pie Kamau
Avstera Therapeutics, a biotechnology company based in the Philadelphia area, has announced the completion of its seed round to advance its lead cancer programs geared towards targeting solid tumors.


Vouch partners with Capsule to support startups internationally
Published: 10-11-2022 | 14:11:00 | By: Pie Kamau
Capsule, a specialist insurance provider to high-growth companies in the UK, announced a partnership with Vouch, a San Francisco-based insurance platform that provides business insurance for high-growth technology startups in the US.


Dutch fintech venture Yabx expands into Nigeria
Published: 10-11-2022 | 13:53:00 | By: Pie Kamau
Yabx, a fintech venture headquartered at Netherlands, announced its foray into Nigerian markets with a mission to democratize credit across the country with its digital lending offerings.


Startup Wise Guys selects the second batch of participants for Africa-dedicated fund
Published: 10-11-2022 | 13:45:00 | By: Pie Kamau
Startup Wise Guys (SWG), Europe’s startup accelerator and one of its most active investment funds, has selected the second batch of participants for its €7.5 million fund for African startup investment. 


Climate tech VC firm Satgana announces first closing of its fund with €30m target size
Published: 10-11-2022 | 13:38:00 | By: Pie Kamau
Climate tech venture capital firm Satgana announced the first closing of a target €30 million VC fund to back the next generation of purpose-driven entrepreneurs building the Future of Earth.


Munich-based startup Flowers Software secures $3.2m in seed to bring enterprise-grade workflow automation to SMBss
Published: 09-11-2022 | 12:35:00 | By: Pie Kamau
Flowers Software, an organizational management system that helps SMB companies improve their processes, announced it has raised $3.2 million in seed funding.


Chef-led startup meez raises $11.5m to place recipes at the heart of hospitality
Published: 09-11-2022 | 12:08:00 | By: Pie Kamau
meez, the first-of-its-kind digital professional recipe tool, announced it has closed a $11.5 million Series A funding round led by Craft Ventures with participation from Struck Capital.


Fintech startup Fordefi raises $18m seed round to launch institutional DeFi wallet and security platform
Published: 09-11-2022 | 11:55:00 | By: Pie Kamau
Fordefi, a financial technology and software company, announced a $18 million seed round and the public launch of its institutional MPC wallet built for transacting on decentralized applications (dApps).


EQT Ventures III closes Europe's largest venture capital fund committed to early-stage tech startups
Published: 09-11-2022 | 11:24:00 | By: Pie Kamau
EQT has closed Europe's largest venture capital fund committed to early-stage tech startups. EQT Ventures III (the "Fund" or "Ventures III") closed with total commitments of €1.1 billion.


500 Global launches its Pan-African accelerator Manager Bootcamp in Kenya
Published: 09-11-2022 | 11:07:00 | By: Pie Kamau
Venture capital firm 500 Global, has partnered with Germany’s economic development agency Deutsche Gesellschaft für Internationale Zusammenarbeit GIZ and its Make-IT in Africa initiative, which fosters the growth of Africa’s innovation ecosystems.


CardinalStone Capital Advisers announces $6m investment in Nigerian healthtech startup AfyA Care
Published: 09-11-2022 | 10:56:00 | By: Pie Kamau
West African private equity fund manager, CardinalStone Capital Advisers (CCA), has announced a $6 million investment in Nigeria's healthtech startup AfyA Care.


Paris-based startup Mytraffic raises €30m Series B to provide digital intelligence to brick-and-mortar operators
Published: 08-11-2022 | 15:01:00 | By: Pie Kamau
Paris, France-based startup Mytraffic, a SaaS offering detailed insights on any location in Europe, has raised €30 million Series B  funding round led by AXA Venture Partners.


Stellantis invests in Africar Group to create Auto24, African used vehicle startup
Published: 08-11-2022 | 14:35:00 | By: Pie Kamau
Africar Group and Stellantis have announced the launch of Auto24 activities in Abidjan, Ivory Coast.


Nigerian lending startup Payhippo acquires Maritime Microfinance Bank
Published: 08-11-2022 | 14:15:54 | By: Pie Kamau
Nigeria’s credit-led SME fintech Payhippo has acquired Maritime Microfinance Bank (MFB), a financial institution specializing in saving products, demand deposits, and investments as well as micro and SME loans


Impact Venture Capital portfolio company Alef unveils Alef flying car, the only drivable flying car with vertical takeoff and landing
Published: 08-11-2022 | 14:07:00 | By: Pie Kamau
Alef Aeronautics, an advanced technology company creating alternative transportation solutions for surging traffic trends, introduced the Alef "Model A", the only flying car with street driving and vertical take-off.


Israeli cybersecurity startup Wib raises $16m investment to accelerate growth, tackle rising API security problem
Published: 08-11-2022 | 13:52:00 | By: Pie Kamau
Wib, the cybersecurity startup pioneering a new era in API security, announced a $16 million investment led by Koch Disruptive Technologies (KDT).


What makes less investment assets score more?
Published: 08-11-2022 | 11:10:00 | By: Bob Koigi
Virtual currencies have the most significant advantage in that virtual currency is decentralized, meaning there is no central authority over them.


Reasons that might neglect the crypto growth
Published: 08-11-2022 | 11:04:00 | By: Bob Koigi
Virtual currencies have a lesser return than traditional financial assets such as stocks and bonds.


Doge Solar keeps fighting its way to the top
Published: 08-11-2022 | 11:00:00 | By: Bob Koigi
Doge Solar is the newest cryptocurrency that has come up in the digital mainstream and has already marked its presence in the market.


Jobtech Alliance launches startup accelerator programs to improve livelihoods in Africa
Published: 07-11-2022 | 10:09:31 | By: Pie Kamau
The Jobtech Alliance, an ecosystem-building initiative around inclusive jobtech in Africa has launched two programs; the Catalyst Jobtech Accelerator and the Jobtech Innovation Lab.


French battery startup Verkor raises more than €250m financing for its innovation centre
Published: 07-11-2022 | 09:51:00 | By: Pie Kamau
French battery startup Verkor announced it has raised more than €250 million, for the inauguration of its R&D lab, an integral part of the Verkor Innovation Centre.


Neurotech startup Roga launches novel wellness solution to combat stress and burnout
Published: 07-11-2022 | 09:23:00 | By: Pie Kamau
Neurotech company Roga, has officially launched its first stress-relieving wellness device Roga Life, for orders worldwide.


Vue Storefront wins best e-Commerce and retail startup at The Europas Tech Startup Awards 2022
Published: 07-11-2022 | 09:08:00 | By: Pie Kamau
Vue Storefront, a technology company that develops software for businesses to create fast, modern and high-performing online storefronts, was crowned a winner at The Europas Tech Startup Awards 2022.


Japanese startup TIER IV launches commercial autonomous driving software platforms for multiple operational design domains
Published: 07-11-2022 | 08:55:00 | By: Pie Kamau
TIER IV, an open source autonomous driving startup, announced it has launched commercial autonomous driving software platforms "Pilot.Auto" and "Web.Auto".


Cooperative Ventures announces first investment in agritech startup Sabanto to improve sustainability
Published: 07-11-2022 | 08:42:00 | By: Pie Kamau
Cooperative Ventures, a venture capital fund formed by North America's agricultural cooperatives, announced its first investment in Sabanto, a hardware and software company.


UK-based hospitality tech startup Journey completes £5m growth capital raise
Published: 04-11-2022 | 11:02:00 | By: Pie Kamau
Journey Hospitality has secured £5 million growth capital investment. The funds, from private equity firm Averroes Capital, will enable Journey to deliver its vision to revolutionise e-Commerce for the hospitality industry.


Kenya, Nigeria and South Africa lead fintech growth in Africa, Mastercard
Published: 04-11-2022 | 10:16:00 | By: Pie Kamau
A report by payment services company Mastercard has revealed that South Africa, Nigeria and Kenya are among the most vibrant fintech markets in the continent.


YEGO ride-sharing platform from Rwanda launches in Kenya
Published: 04-11-2022 | 09:56:00 | By: Pie Kamau
YEGO Global, a ride-sharing platform from Rwanda has entered the Kenyan market to take on Uber and Bolt through its subsidiary - YEGO Mobility Kenya.


3nets concludes $11m seed round for multi-cloud workload portability solution
Published: 04-11-2022 | 09:21:00 | By: Pie Kamau
3nets.io, a Delaware corporation, announced the conclusion of $11 million seed round at a post-money valuation of $20 million. 


Intelligent digital coworkers startup Roots Automation raises $10m Series A funding round to accelerate growth
Published: 04-11-2022 | 09:11:00 | By: Pie Kamau
Roots Automation, the creator of advanced, intelligent Digital Coworkers for the insurance industry, announced the closing of $10 million in a Series A round of funding.


Application security startup Apiiro raises $100m Series B funding round to accelerate growth
Published: 04-11-2022 | 08:51:00 | By: Pie Kamau
Apiiro, the pioneer in Cloud-Native Application Security, announced a significant Series B round of $100 million led by General Catalyst with participation by Greylock and Kleiner Perkins.


Berlin-based startup Crowd.dev raises €2.2m to launch the open-source platform for community-led growth
Published: 03-11-2022 | 10:55:00 | By: Pie Kamau
Berlin-based startup Crowd.dev announced it has raised €2.2 million to improve how developer-first businesses harness online communities.


Vienna-based startup Orderlion raises $4m funding to scale the global B2B food supply chain
Published: 03-11-2022 | 10:26:00 | By: Pie Kamau
Vienna-based startup Orderlion announced the successful closing of $4 million in preSeries A funding, including a mix of equity and debt financing, bringing the total amount of investments raised to $7.5 million since the company’s inception.


Zest AI secures over $50m growth capital to advance the next generation of AI-automated underwriting
Published: 03-11-2022 | 09:35:00 | By: Pie Kamau
Zest AI, the leader in automating underwriting with more accurate and inclusive lending insights powered by AI, announced that the company has raised over $50 million in a new growth round.


Brex partners with Techstars to accelerate growth for early-stage founders
Published: 03-11-2022 | 09:23:00 | By: Pie Kamau
Brex announced its partnership with Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs.


Girls in Tech Startup Challenge 2022 now open for female entrepreneurs
Published: 03-11-2022 | 09:15:02 | By: Pie Kamau
Girls in Tech, a global nonprofit working to erase the gender gap in tech, has launched the Girls in Tech Startup Challenge 2022, the organization's signature entrepreneurship pitch competition.


Africa to take a common stand at COP 27
Published: 02-11-2022 | 10:15:00 | By: Bob Koigi
Aware of the lack of coordination between policymakers, scientists and negotiators to provide such evidence, the heads of states under the African Union decided in 2009 following COP15 that Africa should have one voice and negotiate as a block


New York startup Scent Lab personalizes the fragrance industry with immersive digital experiences and AI-tech
Published: 02-11-2022 | 10:04:16 | By: Pie Kamau
Scent Lab announced the launch of its online platform that’s changing the way consumers shop for fragrance. Scent Lab is the first digital destination that leverages immersive video experiences and AI tech.


Telehealth startup Options MD raises $3.8m pre-seed funding to expand its mental health platform
Published: 02-11-2022 | 09:43:00 | By: Pie Kamau
Options MD, a telehealth startup providing high-quality care for treatment-resistant depression (TRD), announced $2.35 million in funding, bringing the total pre-seed funding to $3.8 million.


Oslo-based compliance automation startup Kosli raises $3.1m seed round led by Heavybit
Published: 02-11-2022 | 09:25:00 | By: Pie Kamau
Kosli, the developer tools startup based in Oslo, Norway, has closed a $3.1m seed round led by Heavybit to solve dynamic change monitoring and continuous compliance.


Medtech device startup MedCrypt raises $25m Series B funding round to accelerate growth
Published: 02-11-2022 | 09:02:00 | By: Pie Kamau
MedCrypt, the proactive cybersecurity solution provider for medical devices, announced its $25 million Series B funding round.


Globo partners with American startup HeadSpin to improve User Experience of Smart TVs
Published: 02-11-2022 | 08:47:00 | By: Pie Kamau
LatAm media group Globo, announced a strategic partnership with HeadSpin, the developer of a data science driven digital experience intelligence platform used to provide flawless digital experiences.


Manchester-based consumer insights startup Vypr raises additional £3.4m to scale its product intelligence platform
Published: 31-10-2022 | 11:17:00 | By: Pie Kamau
Fast-growing consumer insights business Vypr has received new investment of £3.4 million, at a significantly increased valuation on its last funding round in January 2021.


Hong Kong and Singapore lead green fintech development among the five economies in the APEC region, study
Published: 31-10-2022 | 10:42:00 | By: Pie Kamau
GoImpact, together with The CUHK Business School, released the findings from their working paper, Exploring the Green Fintech Ecosystem in Asia: Insights from Five Economies in APEC.


[Forum] Promoting investment flows from South Korea to Vietnam
Published: 31-10-2022 | 10:09:00 | By: Pie Kamau
South Korea has been, is, and will be the leading investor in Vietnam. The two parties can cooperate to achieve "Dual Goals" of US$100 billion in bilateral trade and total investment in the near future.


French cloud infrastructure startup Newboot completes first fundraising round to accelerate growth
Published: 31-10-2022 | 09:55:00 | By: Pie Kamau
Toulouse and Paris-based startup Newboot announced it has completed its first fundraising round with NOVA by Saint-Gobain and several Business Angels.


London-based Sidekick raises £3.33m pre-seed to build a modern investment manager for today’s changing world
Published: 31-10-2022 | 07:39:00 | By: Pie Kamau
Sidekick, a digital active investment manager built for today’s rapidly changing world, announced a £3.33 million pre-seed equity round led by Octopus Ventures.


GS1 Hong Kong unlocks the next generation of trade finance service for SMEs in China
Published: 31-10-2022 | 07:21:00 | By: Pie Kamau
GS1 Hong Kong (GS1 HK) announced it has welcomed the launch of Commercial Data Interchange (CDI) by the Hong Kong Monetary Authority (HKMA).


Dutch AI startup Axelera closes $27m Series A investment round to accelerate growth
Published: 28-10-2022 | 15:05:00 | By: Pie Kamau
European AI startup Axelera AI announced the closing of its $27 million Series A investment round to support its AI’s launch and mass production of its first-generation AI acceleration platform.


Caplight secures $3m investment from Deutsche Börse to expand derivatives trading and hedging on private company shares
Published: 28-10-2022 | 14:43:00 | By: Pie Kamau
Caplight Technologies announced it has secured a strategic investment from one of the leading global market infrastructure providers, Deutsche Börse Group, as well as other existing investors.


Georgia-Pacific, gener8tor welcome third cohort of startups to 1915 Studios gBETA accelerator program
Published: 28-10-2022 | 14:28:00 | By: Pie Kamau
Georgia-Pacific, in partnership with global venture firm and startup accelerator gener8tor, has kicked off its third 1915 Studios gBETA accelerator program.


Fintech emerging as Africa’s most vibrant sector, study
Published: 28-10-2022 | 13:42:00 | By: Pie Kamau
Fintech startups in Africa grew 81% in 2021, with South Africa, Nigeria, and Kenya emerging as key hubs on the continent, found a Mastercard study on the state of fintech in African markets.


Kenyan fintech startup Tanda announces agency banking entry in Uganda, Rwanda, Tanzania
Published: 28-10-2022 | 13:32:00 | By: Pie Kamau
Kenyan fintech startup Tanda announced plans for agency banking entry in Uganda, Rwanda, Tanzania to accelerate growth within the East African markets.


Tanzanian fintech startup NALA enables Google Pay payments from the US and UK into Africa
Published: 28-10-2022 | 13:22:00 | By: Pie Kamau
NALA, a Tanzanian fintech startup facilitating remittances from the African diaspora in the UK and US, has integrated Google Pay into its suite of payment options for users.


Ghana women livestock owners boost animal health with vaccine project
Published: 28-10-2022 | 10:30:00 | By: Bob Koigi
The project has recruited two female vaccinators to vaccinate animals. These vaccinators are supported by 105 women ‘lead farmers’ or AHSPs, who aid in mobilizing other women and deliver vaccines to group members.


South African digital identity startup iiDENTIFii raises $15m growth capital to fuel expansion across Africa
Published: 27-10-2022 | 12:33:00 | By: Pie Kamau
Cape Town-based digital identity startup iiDENTIFii announced it has raised $15 million in growth capital to fuel its expansion across Africa.


Meet female scientists who develop cellular and gene therapies in China, Jiang and Zhang
Published: 27-10-2022 | 12:16:00 | By: Pie Kamau
Inside Namtai Inno Park in Guangming District hides a low-profile biomedical development firm; Shenzhen Wingor Biotechnology company.


Stone Ridge launches Wolf, a NYC startup accelerator dedicated to Lightning Network
Published: 27-10-2022 | 12:00:00 | By: Pie Kamau
Stone Ridge, a parent to bitcoin company NYDIG, announced the launch of In Wolf's Clothing (Wolf), the first-ever startup accelerator dedicated to Lightning, a "layer 2" protocol built on top of Bitcoin.


Israeli QuantHealth startup raises $2.6m seed round to provide comprehensive clinical trial simulation solution
Published: 27-10-2022 | 11:45:00 | By: Pie Kamau
QuantHealth, an AI-powered clinical trial design startup, announced its emergence from stealth, along with a $2.6 million seed financing round led by Shoni Top.


SwiftConnect closes $17m Series A financing to scale access control integration platform for hybrid workplaces
Published: 27-10-2022 | 11:34:00 | By: Pie Kamau
SwiftConnect, a software platform provider that enables flexible work by connecting the right people to the right space at the right time, announced it has closed $17 million Series A round of financing.


Danish blockchain startup Drivn enables users earn an income while saving the planet
Published: 27-10-2022 | 11:23:00 | By: Pie Kamau
Drivn, the brainchild of three Danish founders, aims to change the world's travel behavior towards a more sustainable future.


Nashville-based advanced radio technology startup Xtremis announces move to West Virginia
Published: 27-10-2022 | 11:15:00 | By: Pie Kamau
Xtremis, a Nashville-based startup developing advanced, Artificial Intelligence control systems that improve the performance of wireless networks in congested RF environments, announced its intention to relocate to Morgantown, WV.


German biotech startup Mogling Bio completes first seed investment round from Kizoo
Published: 26-10-2022 | 11:28:00 | By: Pie Kamau
Mogling Bio, a German biotech startup, announced it has successfully completed its first seed investment round from sole investor venture capital firm Kizoo Technology Capital.


Swedish startup Grafbase raises $5m seed funding to build the data platform of the future
Published: 26-10-2022 | 11:06:00 | By: Pie Kamau
Grafbase, the data platform for developers, announced it has raised fresh $5 million seed funding round, bringing $7.3 million in total funding.


British fashion startup LØCI raises £4m seed round to disrupt the fashion industry
Published: 26-10-2022 | 10:46:00 | By: Pie Kamau
15-month-old British fashion brand LØCI announced a £4 million seed round, as well as an investment from actor and environmentalist Leonardo DiCaprio to further its impact-driven mission of redefining the sector.


Project points East African women livestock holders to cost effective vaccines
Published: 26-10-2022 | 10:45:00 | By: Bob Koigi
To address these barriers faced by women in East Africa, and generate new evidence on how they can better benefit and participate in these systems, SheVax+ – a regional livestock vaccine initiative – was launched in 2019.


Baukunst raises $100m fund to lead pre-seed investments in companies at the frontiers of technology and design
Published: 26-10-2022 | 10:22:00 | By: Pie Kamau
Baukunst, the collective of creative technologists advancing the art of building companies at the frontiers of technology and design, announced it has raised a $100 million Fund I.


Swiss settlement banking startup Arf raises $13m seed seed round to further develop its blockchain-based technology
Published: 26-10-2022 | 10:00:00 | By: Pie Kamau
Arf, the VQF-regulated global settlement banking platform using Web3 technologies has raised $13 million in a seed round with the participation of industry leaders.


Finnish hospitality tech startup Bob W raises 21€m Series A funding round to accelerate growth
Published: 25-10-2022 | 14:26:00 | By: Pie Kamau
Tech-driven hospitality provider, Bob W, the provider of smarter and more sustainable alternative to hotels and short-stay rentals, has secured €21 million in series A funding, led by IDC Ventures.


Nigerian social commerce startup Bumpa raises $4m seed funding to build the future of commerce for African sellers
Published: 25-10-2022 | 14:07:00 | By: Pie Kamau
Nigerian social commerce startup Bumpa announced it has raised $4 million seed round led by Base10 Partners, the largest black-led fund in the world, with participation from Plug & Play Ventures.


BreadBot maker Wilkinson Baking Company raises $3m seed round to accelerate growth
Published: 25-10-2022 | 13:52:00 | By: Pie Kamau
Wilkinson Baking Company (WBC), the creator of world's first fully-automated commercial bread baking robot, announced the close of its fully subscribed $3.0 million seed round.


Japanese startup SUN METALON raises $5.6m funding to democratize metal 3D manufacturing
Published: 25-10-2022 | 13:36:00 | By: Pie Kamau
SUN METALON, a Japanese startup developing a metal 3D printer, announced the procurement of $5.6 million in its pre-series A funding round.


Swedish tech startup Lurkit launches Creator Program, a gaming influencer marketing product
Published: 25-10-2022 | 13:14:00 | By: Pie Kamau
Swedish tech startup Lurkit announced it is taking its newest gaming influencer marketing product, 'Creator Program,' to the market.


Netmaker launches with $2.3m funding to fix cloud networking with WireGuard
Published: 25-10-2022 | 12:52:00 | By: Pie Kamau
Netmaker, a cloud networking startup, announced $2.3 million in funding to launch their "superhighway for secure cloud networks." The round was led by Lytical Ventures.


Reproductive tech startup Inti Labs sets sights on global infertility trend
Published: 24-10-2022 | 14:37:00 | By: Pie Kamau
Reproductive tech startup Inti Labs announced its official launch and ambitious long-term vision to overcome infertility. The company is focused on developing a range of first-in-class diagnostic tests for the in vitro fertilization (IVF) market.


Flourish Ventures launches Africa-focused pre-seed investment platform, Madica
Published: 24-10-2022 | 14:24:00 | By: Pie Kamau
Flourish Ventures, a global venture capital firm investing in mission-driven fintech entrepreneurs, announced the launch of affiliate Madica, a structured investment program for pre-seed stage technology companies in Africa.


Fintech startup Banyan raises $43m Series A to scale world's largest SKU data network
Published: 24-10-2022 | 14:10:00 | By: Pie Kamau
Banyan, the network for SKU data, announced it has raised $43 million Series A round led by Fin Capital and M13. The investment will accelerate Banyan's technology and infrastructure growth.


Wayfinder Biosciences startup raises $3.5m to program RNA
Published: 24-10-2022 | 13:22:00 | By: Pie Kamau
RNA design company Wayfinder Biosciences announced it has raised a $3.5 million series seed round led by Notation Capital and Divergent Capital to continue its groundbreaking work in the use of RNA as a detection and therapeutic platform.


Swiss NFT-based athlete investment atartup FANtium raises €2m angel investment to democratize athlete financing
Published: 24-10-2022 | 12:04:00 | By: Pie Kamau
Swiss NFT-based athlete investment platform FANtium, announced a private pre-seed round of $2 million.


UK-based climate tech startup Levidian secures £12m investment from Baker Hughes to scale growth
Published: 21-10-2022 | 10:17:00 | By: Pie Kamau
US energy technology giant Baker Hughes has backed Levidian’s world-first decarbonisation technologies with a £12m investment at a £130m valuation, opening up global collaboration opportunities.


President Buhari signs Nigeria Startup Bill into law
Published: 21-10-2022 | 09:59:00 | By: Pie Kamau
Nigeria has become the latest country to pass a Startup Bill, giving a more formal approach to how the startup ecosystem is governed.


Biotech startup Hoxton Farms raises $22m Series A to cultivate animal fat in new pilot facility in London
Published: 21-10-2022 | 09:54:00 | By: Pie Kamau
London-based Hoxton Farms has announced a $22 million Series A round to build a pilot facility for producing cultivated fat: the missing ingredient necessary to make meat alternatives delicious, realistic and versatile.


LHoFT announces15 fintech startups selected for CATAPULT: Inclusion Africa 2022 program
Published: 21-10-2022 | 09:26:00 | By: Pie Kamau
LHoFT has announced the 15 fintech startups that have been selected to participate in the fifth edition of the CATAPULT: Inclusion Africa program. 


National Grid Partners invests $20m in startups to transform the grid
Published: 21-10-2022 | 09:19:00 | By: Pie Kamau
National Grid Partners (NGP) announced investments of $20 million across three startups to transform the way utilities and other enterprises manage vast physical infrastructure.


Nigerian mobility fintech Moove raises £15m financing facility to scale UK operations
Published: 21-10-2022 | 08:55:00 | By: Pie Kamau
Moove announced it has raised £15 million in financing from Emso Asset Management to scale up its UK operations following a successful launch in August.


[Startup Interview] Rupinder Pal Singh, CEO, Seasia Infotech, India
Published: 20-10-2022 | 10:31:21 | By: Bob Koigi
Seasia Infotech is an Indian-based company that offers digital solutions to businesses worldwide that help brands leverage design, development processes and software technologies with personalized customer experiences.


Wine cellaring startup InVintory closes first $1.5m fundraise led by its community of wine collectors
Published: 19-10-2022 | 12:29:00 | By: Pie Kamau
InVintory, a wine cellaring platform, announced it has closed a $1.5 million seed round, with a third of the investment contributed by its own users.


Greenlight Re Innovations announces investment in short-term rental insurance startup Safely
Published: 19-10-2022 | 12:19:00 | By: Pie Kamau
Greenlight Re Innovations (GRI), part of Greenlight Capital Re, has announced an investment in SafelyStay (Safely), the provider of short-term rental insurance.


Paris-based Aqemia raises €30m to scale its deep physics and AI enabled drug discovery pipeline
Published: 19-10-2022 | 11:50:00 | By: Pie Kamau
Paris-based Aqemia has raised €30 million in a Series A funding round led by Eurazeo and Bpifrance through its Large Venture fund, with the participation of Elaia its historic investor.


Worktech startup TaTiO raises $5.3m to enable understaffed companies access America's untapped workforce with AI
Published: 19-10-2022 | 11:26:00 | By: Pie Kamau
TaTiO, a future of work company that uses AI to help companies fill open positions with qualified workers, announced the completion of a $5.3 million seed round.


Insurtech Otonomi raises $3.4m to build a first-to-market blockchain-powered parametric cargo platform
Published: 19-10-2022 | 11:02:00 | By: Pie Kamau
Insurtech startup Otonomi announced it has closed a $3.4 million oversubscribed funding round, to build a first-to-market blockchain-powered parametric cargo platform.


VetsinTech announces winners of second annual tech startup pitch competition
Published: 19-10-2022 | 10:18:00 | By: Pie Kamau
VetsinTech, the national non-profit dedicated to supporting veterans through tech-based programs and opportunities in education, employment, and entrepreneurship, announced the top winners of its second annual tech startup pitch competition.


UK-based spaceflight startup Orbex secures £40.4m Series C funding to scale up its resources
Published: 18-10-2022 | 16:15:00 | By: Pie Kamau
UK-based spaceflight company Orbex has secured £40.4 million for its Series C funding round, led by a new investor, the Scottish National Investment Bank.


Spring Health startup partners with Moda Health to deliver measurement-based mental health care
Published: 18-10-2022 | 15:49:00 | By: Pie Kamau
Spring Health announced its agreement with Moda Health to deliver measurement-based mental health care to select employer groups through Moda's innovative Behavioral Health 360 platform.


Brex partners with AngelList to help Founders better manage and grow startups
Published: 18-10-2022 | 15:28:00 | By: Pie Kamau
Brex announced its partnership with AngelList to help founders effortlessly manage their corporate card and spend within AngelList Stack - a suite of tools that allows founders to manage their company's incorporation.


Early-stage travel tech startup Pinktada raises funding to accelerate expansion
Published: 18-10-2022 | 15:19:38 | By: Bob Koigi
The new sum of $975,000 includes participation from Selenean Capital, an Ireland-based fund, and of serial high net worth investors.


Codeless AI infrastructure startup Pixis enters the Spanish market
Published: 18-10-2022 | 15:19:10 | By: Bob Koigi
Currently, the Series C funded company provides codeless AI technology for demand generation and marketing optimization to over 200 businesses across the American, MENA and APAC regions.


500 Global and Alberta Innovates unveil batch 2 of the Alberta accelerator by 500
Published: 18-10-2022 | 15:19:04 | By: Bob Koigi
500 Global selected 18 startups from around the world for Batch 2 of the Alberta Accelerator by 500. They attended a rigorous 12-week program, which included mentorship on segments ranging from customer discovery to foundations of growth.


Sierra Ventures appoints Anne Gherini as Chief Marketing Officer to accelerate firm's growth
Published: 18-10-2022 | 15:14:00 | By: Pie Kamau
Sierra Ventures, an early-stage venture capital firm investing in core enterprise and next-gen technologies, announced that Anne Gherini has joined the firm as Chief Marketing Officer.


Easop launches out of stealth with $2.5m seed funding to unleash full power of equity
Published: 18-10-2022 | 14:35:00 | By: Pie Kamau
Easop announced it has officially launched and raised $2.5 million in seed funding to pursue its mission of making team ownership plans accessible to every private company in the world.


A short guide to start your iGaming business
Published: 18-10-2022 | 14:18:00 | By: Bob Koigi
The online casino industry is experiencing a global rise, and more and more people are constantly on the lookout for new iGaming solutions.


London-based private equity platform Lightrock closes inaugural Climate Impact Fund at €860m
Published: 17-10-2022 | 16:36:00 | By: Pie Kamau
Lightrock, a global private equity platform that backs purpose-driven entrepreneurs tackling the world’s biggest challenges, has closed its inaugural Lightrock Climate Impact Fund (“LCIF” or “the Fund”) with commitments of €860 million.


Amsterdam-based Fastned receives €75m investment from Schroders Capital accelerate future growth
Published: 17-10-2022 | 15:45:00 | By: Pie Kamau
Fastned, the European fast charging company, announced a €75 million private placement of 2,032,520 new depositary receipts representing the same number of new ordinary shares in the capital of the Company with Schroders Capital.


Kenyan home furniture startup MoKo raises $6m to accelerate growth
Published: 17-10-2022 | 15:26:00 | By: Pie Kamau
Kenyan home furniture startup MoKo announced it raised $6.5 million in a Series B funding round, which is a combination of debt and equity.


BDev Ventures invests in B2B adtech startup Nickelytics to accelerate growth
Published: 17-10-2022 | 13:46:00 | By: Pie Kamau
 BDev Ventures announced a partnership with Nickelytics, a Techstars ‘20-backed B2B adtech startup that allows brands to launch hyperlocal out-of-home advertising campaigns.


Mobile banking fintech NorthOne raises $67m Series B funding to accelerate growth across small business communities
Published: 17-10-2022 | 13:30:00 | By: Pie Kamau
NorthOne announced it has raised $67 million in Series B funding. With participation from new and existing investors, NorthOne is poised to further expand the reach of its business management platform.


Hardware-focused accelerator FP Solutions launches with $3m fundraising to develop the disruptive startup ecosystem
Published: 17-10-2022 | 11:20:00 | By: Pie Kamau
FP (First Principle) Solutions, a new hardware-focused accelerator, successfully launched and completed a $3 million seed round fundraising.


Belgian construction management startup Vertuoza raises €4m pre-Series A round to accelerate growth
Published: 14-10-2022 | 13:35:00 | By: Pie Kamau
Vertuoza, the Belgian construction management and monitoring software company for SMEs in the construction sector, announced a new €4 million pre-Series A round.


Mastercard Vice Chairman Gilberto Caldart joins climate impact venture capital firm Vidavo as Venture Partner
Published: 14-10-2022 | 12:55:19 | By: Pie Kamau
Vidavo Ventures announced that the top executive and one of the architects of Mastercard's international expansion and accelerated growth Gilberto Caldart, has joined the firm in the role of Venture Partner.


Ugandan agritech startup Inputi receives investment to boost inputs distribution
Published: 14-10-2022 | 12:41:00 | By: Pie Kamau
Ugandan agritech startup Inputi announced it received an investment funding to boost inputs distribution across the country.


Nigerian healthtech startup Lifestores raises $3m to expand its pharmaceutical marketplace
Published: 14-10-2022 | 12:27:00 | By: Pie Kamau
Nigerian healthtech startup Lifestores Healthcare has raised $3 million for expansion across the country in a pre-Series A funding round.


Fintech market set for cooling and consolidation as macroeconomic factors bite, report
Published: 14-10-2022 | 12:19:00 | By: Pie Kamau
In its latest 'State of European FinTech 2022’ report, fintech venture capital firm Finch Capital forecasts a period of cooling and consolidation across the fintech sector, as macroeconomic conditions grow more challenging.


36 African tech startups selected for MEST Africa Challenge 2022
Published: 14-10-2022 | 12:09:00 | By: Pie Kamau
MEST Africa has announced the 36 technology startups from 5 African countries that have been selected for the regional pitch competition stage of the 2022 MEST Africa Challenge. 


Nigerian data and intelligence startup Stears raises $3.3m to solve Africa’s data dearth
Published: 14-10-2022 | 12:00:00 | By: Pie Kamau
Nigerian data and intelligence company, Stears has raised $3.3 million to enhance its data collection and analytics capabilities, acquire talent and expand into East and Southern Africa.


Ugandan fintech startup Tugende raises $10m pre-Series B funding to increase portfolio growth
Published: 14-10-2022 | 11:35:00 | By: Pie Kamau
Tugende, the innovative fintech platform for MSME credit and asset-financing in East Africa, closed in Q2 pre-Series B equity funding from existing shareholders led by Partech and two new investors, including Women’s World Banking.


BNP Paribas acquires London’s currency management automation fintech Kantox
Published: 12-10-2022 | 14:52:00 | By: Pie Kamau
BNP Paribas announced the signature of an agreement for the acquisition of Kantox, a fintech for the automation of currency risk management.


Cryptocurrency startup Zerion closes $12m Series B funding to build the best wallet for Web3 citizens
Published: 12-10-2022 | 14:38:00 | By: Pie Kamau
Zerion, the wallet for the most active web3 users, announced the closing of a $12.3 million Series B funding round led by Wintermute Ventures.


Barcelona's human resources startup Factorial becomes a Unicorn after $120m Series C investment round
Published: 12-10-2022 | 14:14:00 | By: Pie Kamau
Barcelona-based human resources startup Factorial is now the newest European Unicorn after closing a Series C investment round of $120 million with a valuation of $1 billion.


Logistics Startup Nuvocargo appoints Nicholas Simmons as Head of Engineering to accelerate company's growth
Published: 12-10-2022 | 13:40:00 | By: Pie Kamau
Nuvocargo has appointed former Shopify executive Nicholas Simmons as Head of Engineering to continue to develop the Nuvocargo platform and expand the company’s world-class engineering team.


Amsterdam-based HolidayHero closes €500k pre-seed round to enhance guest experiences in the travel industry
Published: 12-10-2022 | 13:07:00 | By: Pie Kamau
HolidayHero announced a successful closing of €500,000 pre-seed funding round to kick off its vision of delivering proactive and personalized guest experiences in the travel industry.


Kenyan start-up unveils diabetic friendly cookies
Published: 12-10-2022 | 11:00:00 | By: Bob Koigi
Gerassimos Fourlanos, Founder, Ofelos Limited says, the cookies are targeted to consumers with diabetes or pre-diabetes, along with other medical conditions where blood sugar levels need to be monitored.


Climate infrastructure startup EcoCart raises $14.5m Series A to accelerate sustainable e-Commerce
Published: 11-10-2022 | 14:39:00 | By: Pie Kamau
EcoCart, a software company building the infrastructure for e-Commerce companies to operate sustainably at scale, has raised a $14.5 million Series A round.


Software firm Aptean secures growth investment to accelerate innovation and global expansion
Published: 11-10-2022 | 14:18:00 | By: Pie Kamau
Aptean announced that a definitive agreement has been signed through which it will receive a strategic investment from Insight Partners and existing investor TA Associates (TA).


Cyber insurance startup Elpha Secure startup raises $20 million funding to boost offerings
Published: 11-10-2022 | 14:14:16 | By: Bob Koigi
The funding round will help drive business growth across broker networks and evolve Elpha Secure’s product features to better equip small and midsize businesses to defend against cyberattacks and their consequences with end-to-end protection and response.


Softeq continues growth of venture fund
Published: 11-10-2022 | 14:14:09 | By: Bob Koigi
Softeq Development Corporation (Softeq), a Houston-based global hardware and software services development company serving Fortune 500 companies, continues its growth trajectory following on its expansion earlier this year by welcoming 22 new startups.


Paris-based cultivated meat startup Gourmey raises €48m Series A funding to accelerate growth
Published: 11-10-2022 | 14:04:00 | By: Pie Kamau
French cultivated meat startup Gourmey, that was part of the Big Idea Ventures program’s first cohort, has raised an oversubscribed €48 million Series A.


CrowdStreet raises $43m to fund growth, accelerate demand for online real estate investing
Published: 11-10-2022 | 13:06:00 | By: Pie Kamau
CrowdStreet, an online real estate investing platform, announced it has raised $43 million in equity and debt capital to help fund the company's growth and make the market for online real estate investing.


Novo Seeds portfolio company NMD Pharma reports positive top-line Phase I/IIa data in myasthenia gravis
Published: 11-10-2022 | 12:46:12 | By: Pie Kamau
Novo Holdings announced that its portfolio company NMD Pharma, reported positive top-line results from a Phase I/IIa clinical trial for its lead asset, NMD670.


Blockchain flow project in alliance with Meta
Published: 11-10-2022 | 08:10:00 | By: Bob Koigi
It is the case of Flow, a technology that Meta has adopted. The latter wants to leap into NFTs, whose Facebook and Instagram applications seem ready to get involved with a fast blockchain project created by Dapper Labs.


Government processes could be sped up with the use of the blockchain
Published: 11-10-2022 | 08:08:00 | By: Bob Koigi
The vulnerability of the systems makes governments invest large amounts of money in applications that allow for transparent management and with the property registries inherent in the area where the new information technologies are expected to be applied


Digital Yuan- a better solution for remittance fees
Published: 11-10-2022 | 08:05:00 | By: Bob Koigi
Remittance is making money accessible to a third party and transferring it to them. Countries like India, China, the Philippines, and even Africa use this word often.


Buying a home with NFT
Published: 11-10-2022 | 08:00:00 | By: Bob Koigi
When talking about NFT, many people usually relate them to any image created in JPEG format, which generally has a reasonably high value.


Dutch-based Hyperion Lab’s third cohort startups set to improve the world with sustainable AI
Published: 10-10-2022 | 14:21:00 | By: Pie Kamau
Hyperion Lab kicked off its third cohort of the Amsterdam AI innovation program and eight new startups (seven of which are Dutch) want to improve the world with AI.


Online dating startup for Black women CarpeDM closes $1m oversubscribed pre-seed round
Published: 10-10-2022 | 14:00:00 | By: Pie Kamau
CarpeDM, a Techstars portfolio company, announced the closing of its oversubscribed pre-seed financing round bringing total capital raised by the early stage startup to $1.054 million.


GridBeyond secures €6m investment from UK's Claret Capital to support smart energy expansion
Published: 10-10-2022 | 13:50:00 | By: Pie Kamau
GridBeyond, the pioneer in intelligent energy technology, has agreed a debt financing facility of €6 million led by Claret Capital, to support the Irish headquartered company’s continued internationalisation plans. 


Austin, TX-based startup PetPair secures $1.2m pre-seed round to scale pet adoption marketplace
Published: 10-10-2022 | 13:17:00 | By: Pie Kamau
PetPair, an Austin, TX-based foster-powered pet adoption marketplace, announced it has closed a $1.1 million pre-seed round for a total of $1.2 million raised to date.


Żabka Group, Kozminski Business Hub launch second edition of acceleration programme for Polish environmental startups
Published: 10-10-2022 | 12:59:00 | By: Pie Kamau
Żabka Group in collaboration with Kozminski Business Hub, a Kozminski University organisation which seeks and supports startups, is launching the second edition of the acceleration programme.


Harvard health tech startup Vincere Health raises $1.75 million funding to expand risk-based contracting
Published: 07-10-2022 | 14:53:59 | By: Bob Koigi
Vincere has built an expertise in activating, engaging and driving objectively measurable outcomes in smoking cessation among some of the hardest to reach populations in US healthcare.


South African Biometrics tech firm iiDENTIFii raises $15 million growth capital
Published: 07-10-2022 | 14:50:50 | By: Bob Koigi
iiDENTIFii’s face authentication technology securely authenticates users via their cellphones or PCs within seconds.


Kenyan startup Kyosk Digital expands to Uganda
Published: 07-10-2022 | 14:46:27 | By: Bob Koigi
Kyosk Digital Services aims to address some of the challenges that vendors of fast-moving consumer goods (FMCGs) go through in sourcing products and restocking their outlets.


Uganda’s digital lending startup Numida raises $12.3 million funding to grow offerings
Published: 07-10-2022 | 14:43:51 | By: Bob Koigi
Uganda's Digital Lender Numida has secured a $12.3 million pre-Series A round of equity and debt funding to help it expand its team and move into new markets.


Boosting access to funding for businesses in the energy sector
Published: 07-10-2022 | 10:45:00 | By: Bob Koigi
But despite funding and support being available, most of these businesses struggle with fundraising and access to these financial resources.


Fresh Del Monte partners with tech start-Up Decapolis to provide blockchain traceability solutions
Published: 06-10-2022 | 15:27:00 | By: Bob Koigi
The investment is part of Fresh Del Monte’s technology-driven mission to offer best-in-class, innovative solutions for its products and services, and to provide sustainable solutions that other businesses and industries can benefit from.


German startup 35up secures €5 million to cross selling platform for SMEs
Published: 06-10-2022 | 15:21:41 | By: Bob Koigi
A German startup providing cross selling platform has received five million euros financing from VC firm Capnamic and other existing investors.


Agri startup Yard Stick secures $225 million in USDA Grants for climate-smart agriculture
Published: 06-10-2022 | 15:17:29 | By: Bob Koigi
Yard Stick is commercializing a soil spectroscopy technology originally developed by Dr. Cristine Morgan, now the Chief Scientific Officer at The Soil Health Institute.


Enterprise security startup Oort raises $15 million funding to stop identity-based cyber attacks
Published: 06-10-2022 | 15:13:37 | By: Bob Koigi
Oort, an identity-centric enterprise security platform, has announced the completion of a $15 million funding round, including both Seed and Series A investments.


Dutch VC investor Newion launches €130 million fund for early-stage software startups
Published: 05-10-2022 | 14:54:56 | By: Bob Koigi
Newion has been active since 2000 and, thanks to its focus and no-nonsense mentality, is one of the best-presenting fund managers in its sector.


Amazon to invest $150 million in incubators, VCs and accelerators that fund underrepresented entrepreneurs
Published: 05-10-2022 | 14:50:53 | By: Bob Koigi
Amazon expects to support more than 10 funds and over 200 companies through the next year.


German mobility startup Wunder Mobility receives  €12 million to advance shared mobility globally
Published: 05-10-2022 | 14:45:06 | By: Bob Koigi
The investment positions Wunder Mobility as the highest funded provider of software and hardware solutions for vehicle sharing operators with fleets of e-bikes, e-scooters, e-mopeds, and cars.


Cloud-native database developer Singlestore secures $146 million financing to drive growth
Published: 05-10-2022 | 14:29:57 | By: Bob Koigi
SingleStoreDB empowers businesses to deliver superior real-time experiences by unifying transactions and analytics in the same engine – with fast, cost-efficient and powerful results.


APA insurance unveils new payment plan for comprehensive car insurance
Published: 05-10-2022 | 12:49:35 | By: Bob Koigi
The comprehensive car insurance payments are made over 12 months which allows clients to spread the cost over the course of a year.


Autotech startup ServiceUp secures $14.5 million financing to scale to new markets
Published: 04-10-2022 | 16:31:55 | By: Bob Koigi
Founded in early 2021, the South Bay startup connects consumers, via the ServiceUp app, to a ServiceUp Advocate who manages the entire repair process, including payments.


Early stage venture fund TheVentureCity unveils data platform to help startups scale faster
Published: 04-10-2022 | 16:25:37 | By: Bob Koigi
The global, unconventional venture fund TheVentureCity has launched a free tool to measure the healthy growth of any startup: Growth Scanner.


SentinelOne launches $100 million fund to invest in cybersecurity and data innovation startups
Published: 04-10-2022 | 16:20:08 | By: Bob Koigi
S Ventures will invest across all stages of the startup lifecycle with a focus on security and data companies that bring innovative use cases to the Singularity Marketplace, the company’s open application ecosystem allowing security teams to extend Singularity XDR use cases.


Tech startup Zartico secures $20 million in Series A funding to boost tourism analytics portfolio
Published: 04-10-2022 | 16:12:46 | By: Bob Koigi
Zartico’s integrated data model™ offers its customers anonymized geolocation, spend and event data for visitors and destinations in real-time.


Cloudflare announces $1.25 billion funding programme to help startups grow their businesses
Published: 03-10-2022 | 10:10:00 | By: Bob Koigi
Cloudflare, Inc., the security, performance, and reliability company helping to build a better Internet, has announced a new funding program for startups in partnership with leading venture capital investors.


India’s AI-enabled network intelligence startup Aprecomm signs a deal to go global
Published: 03-10-2022 | 10:08:00 | By: Bob Koigi
Aprecomm, India’s network intelligence company, has announced its partnership with Singapore-based Technology Distribution Specialists (TDS) for distribution of its Network Intelligence technology.


Latin American NFT startup Minteo raises $4.3 million to introduce region to Web3
Published: 03-10-2022 | 10:05:00 | By: Bob Koigi
Minteo, a Latin American-based NFT marketplace with a mission to introduce Web3 to the region, has announced the closing of its $4.3 million seed round.


PracticeTek acquires marketing startup GrowthPlug to modernize healthcare practices
Published: 03-10-2022 | 10:00:00 | By: Bob Koigi
PracticeTek, a provider of software and payments solutions to the retail healthcare market, has announced it has acquired GrowthPlug, a practice marketing platform.


[Startup Interview] Ehsan, Mohammad, Reza, Co-founders, Coco, Austria
Published: 30-09-2022 | 14:05:00 | By: Bob Koigi
CoCo is a social media analysis platform. It helps to increase the effectiveness of advertising campaigns on social networks.


German tech startup NeoCarbon raises €1.25 million to reverse climate change
Published: 30-09-2022 | 10:38:00 | By: Pie Kamau
NeoCarbon, a Berlin-based tech startup which retrofits cooling towers to remove carbon dioxide from the atmosphere, announced it has raised €1.25 million in a Pre-Seed round co-led by PropTech1 and Speedinvest,


Fintech startup Tongo raises $7m seed funding to accelerate growth in its real estate market
Published: 30-09-2022 | 10:10:00 | By: Pie Kamau
Tongo, a fintech company realigning income and expenses for the commission economy, announced it has raised $7 million in seed funding. 


Plug and Play Alberta announces 50 startups for the second cohort of its accelerator programs
Published: 30-09-2022 | 09:52:00 | By: Pie Kamau
Plug and Play Alberta has announced 50 startups for the second cohort of its industry-specific startup accelerator programs. The companies will participate in one of the following programs: Health, Sustainability, and Sector Agnostic.


South Africa's home services startup SweepSouth closes $11m investment round led by Alitheia IDF
Published: 30-09-2022 | 09:40:00 | By: Pie Kamau
SweepSouth, an online home services platform with a presence across Africa has completed a $11 million investment round led byAlitheia IDF (AIF), Africa’s first and largest gender-lens private equity fund.


Estonian startup KOOS raises $4m funding to accelerate the new era of ownership
Published: 30-09-2022 | 09:28:00 | By: Pie Kamau
KOOS, an Estonian-based startup, announced $4 million worth of seed funding led by high profile investors at Plural Platform with participation from investors including LocalGlobe, Tiny.vc and Matt Clifford.


Tech startup Coalesce secures $26m Series A funding to reinvent data transformation in the snowflake data cloud
Published: 30-09-2022 | 09:00:00 | By: Pie Kamau
Coalesce.io, the data transformation company, announced it has secured $26 million in Series A funding led by Emergence Capital, with participation from seed investors 11.2 Capital.


Daiichi Sankyo joins Munich-based Startup Creasphere's program powered by Plug and Play
Published: 28-09-2022 | 11:44:00 | By: Pie Kamau
Startup Creasphere, the Munich-based digital healthcare platform of Plug and Play, has announced its new partnership with Daiichi Sankyo.


London scaleup Wazoku raises £8.5m series B funding, acquires Danish intelligence startup Mindpool
Published: 28-09-2022 | 11:29:00 | By: Pie Kamau
London-based innovation scaleup Wazoku has closed a series B funding round of £8.5 million through investment from Octopus Ventures along with follow on from existing investors including Calculus Capital.


FNHIC launches to invest $2.5b in startups improving hunger and health outcomes through food
Published: 28-09-2022 | 11:13:00 | By: Pie Kamau
S2G Ventures, Food Systems for the Future and other partners launched the Food, Nutrition and Health Investor Coalition (FNHIC), a call to action to drive $2.5 billion in private investment.


UK scaleup White Label Loyalty launches in the U.S.
Published: 28-09-2022 | 11:01:00 | By: Pie Kamau
UK-based loyalty technology experts White Label Loyalty is entering the US market for the first time, with opening of its firrst overseas office in New York.


London-based Pheon Therapeutics launches with $68m financing to advance novel ADC for treatment of solid tumors
Published: 28-09-2022 | 10:49:00 | By: Pie Kamau
Pheon Therapeutics (Pheon), an ADC specialist developing next generation ADCs for a wide range of hard-to-treat cancers has launched, following the closing of a $68 million Series A financing.


Deep tech startup MATSUKO and European telcos partner to develop holographic presence
Published: 28-09-2022 | 09:48:00 | By: Pie Kamau
European telecom operators Deutsche Telekom, Orange, Telefónica and Vodafone, together with the deep tech startup MATSUKO, have conducted a pilot to make holographic calls easy.


Canadian Lia 27 becomes the new face of AI after closing seed funding round at $5m valuation
Published: 27-09-2022 | 16:35:00 | By: Pie Kamau
Canadian Artificial Intelligence (AI) company Lia 27 Inc, announced it has closed a seed funding round valuing the company at $5 million. The funding launches the one-year-old business into the next dimension. 


New Utah startup Oops offers doorstep return pickups for in-store and online purchases
Published: 27-09-2022 | 16:16:00 | By: Pie Kamau
An early-stage startup born in the heart of Utah's Silicon Slopes, Oops is offering doorstep return pickups for in-store and online purchases across the Wasatch Range.


Ghanaian agritech startup Farmerline raises $1.5m from Dutch investor Oikocredit
Published: 27-09-2022 | 15:59:00 | By: Pie Kamau
Ghanaian agritech startup Farmerline announced the second close of a Pre-Series A investment raise with an additional $1.5 million investment from Dutch social impact investor Oikocredit.


Dallas-based workforce finance startup Meritize taps JP Morgan vet as Business Development VP
Published: 27-09-2022 | 15:55:56 | By: Pie Kamau
Meritize, developer of merit-based financing solutions and a technology platform that connects career starters and mid-career professionals with high-impact skills training, announced it has hired Jeff Parks as the firm's Vice President of Business Development.


Ghanaian fintech SecondSTAX raises $1.6m pre-seed funding to expand to other countries
Published: 27-09-2022 | 15:45:00 | By: Pie Kamau
Ghanaian fintech SecondSTAX (Secondary Securities Trading and Aggregation eXchange), announced it has raised $1.6 million in pre-seed funding from private investors and venture capital firms, including LoftyInc Capital and STEMeIn.


French startup Prophesee closes €50m C Series round to drive commercialization of revolutionary neuromorphic vision technology
Published: 26-09-2022 | 15:57:00 | By: Pie Kamau
Prophesee, the inventor of advanced neuromorphic vision systems, announced the completion of its Series C round of funding with the addition of a new investment from Prosperity7 ventures.


Capacity trading startup Stere closes $5m seed to expand tech-driven solutions for the insurance sector
Published: 26-09-2022 | 15:42:00 | By: Pie Kamau
Stere, a capacity trading platform specializing in capacity sourcing and unique digital capabilities for embedded insurance partners and MGAs, announced it has closed a $5 million funding round.


Detroit cloud-based startup KODE Labs raises $8m to advance its smart building platform
Published: 26-09-2022 | 15:29:00 | By: Pie Kamau
KODE Labs, a Detroit cloud-based smart building startup, announced it has raised a Series A investment of $8 million led by I Squared Capital and other strategic investors.


Vendease secures $30m to transform procurement and business operations for restaurants across Africa
Published: 26-09-2022 | 14:13:00 | By: Pie Kamau
Vendease, a Y Combinator-backed digital platform that allows restaurants in Africa to buy supplies, access financial services and power their business operations, has raised $30 million funding round.


West african fintech startup Julaya raises $5m extension round to expand its operations
Published: 26-09-2022 | 13:09:00 | By: Pie Kamau
Julaya, a fintech stratup based in Côte d’Ivoire, Senegal and France, announced it has raised $5 million extension round led by European venture capital fund Speedinvest to expand its operations in West Africa.


[Startup Interview] Yashu Kapila, Founder, BugRaptors, India
Published: 23-09-2022 | 14:13:23 | By: Bob Koigi
The startup provides a highly diversified range of services varying from standard testing services, specialized testing services, to test advisory services. 


London-based Genie AI launches Startup Starter Pack, a free open source legal template library for startups
Published: 23-09-2022 | 12:04:00 | By: Pie Kamau
Genie AI, a machine learning company based in London, has launched Startup Starter Pack, a free open source legal template library with contract templates for small businesses and startups.


Norwegian audio-tech startup Nomono secures €3.55m seed round to scale its podcasting and audio solutions
Published: 23-09-2022 | 11:35:00 | By: Pie Kamau
Nomono, the pioneering developer of audio recording and collaboration tools that help podcasters and journalists tell immersive audio stories, announced the closing of €3.55 million investment round.


NYSHEX closes $25m Series B funding to improve reliability and efficiency of global shipping
Published: 23-09-2022 | 11:08:00 | By: Pie Kamau
NYSHEX, the ocean contract performance technology servive provider,, announced a $25 million Series B funding round led by Collate Capital. In addition, Blumberg Capital, Goldman Sachs and NewRoad Capital participated.


CrowdStrike’s Falcon Fund invests in API security startup Salt Security
Published: 23-09-2022 | 10:45:00 | By: Pie Kamau
CrowdStrike, a pioneer in cloud-delivered protection of endpoints, cloud workloads, identity and data, announced that its strategic investment vehicle, Falcon Fund, has invested in Salt Security, the pioneer in Application Programming Interface (API) security.


[Column] Nick Durrant: Lead generation strategies that work
Published: 23-09-2022 | 10:24:00 | By: Pie Kamau
Marketers often focus most of their attention on design aesthetics, ignoring the many other factors that could turn website visitors into hot prospects.


ABB partners with Dutch AI predictive maintenance scaleup Samotics to expand condition monitoring services
Published: 23-09-2022 | 10:10:00 | By: Pie Kamau
ABB and  Samotics, the provider of ESA technology that is a high-growth scaleup company, have entered a strategic long-term partnership to provide enhanced condition monitoring services.


Crypto tax reporting app Binocs nets $4m funding round as it adds institutional investors to retail base
Published: 22-09-2022 | 13:02:00 | By: Pie Kamau
Crypto tax reporting app Binocs has announced a $4 million fundraise to cater to institutional crypto investors and enter geographies like the US, UK, Australia etc.


Sustainable and AI concrete startup AICrete raises $4m seed funding to accelerate growth
Published: 22-09-2022 | 12:40:00 | By: Pie Kamau
AICrete, the recipe-as-a-service platform optimizing local materials for cleaner and more cost-efficient concrete, announced it has raised $4 million in a seed funding led by CLEAR Ventures.


Starburst Ventures launches pre-seed and seed fund to focus on aerospace and defense innovation
Published: 22-09-2022 | 11:58:00 | By: Pie Kamau
Starburst Ventures, the first venture capital fund dedicated to investing across aviation, space, and defense, announced the launch of its new early-stage fund.


Stockholm-based R-evolution launches venture capital arm to boost greentech startups
Published: 22-09-2022 | 11:45:00 | By: Pie Kamau
Hexagon AB, a global pioneer in digital reality solutions combining sensor, software and autonomous technologies, announced a new venture capital arm of R-evolution, the sustainable innovation and green-tech investment subsidiary of Hexagon.


Nigerian fintech startup Kippa launches business registration platform to support SMEs
Published: 22-09-2022 | 10:50:00 | By: Pie Kamau
Nigerian fintech startup Kippa has launched Kippa Start, a business registration platform to enable Nigerian MSMEs scale through their businesses.


Kenyan agricultural insurtech startup Pula appoints Michael Joseph as Board Chair
Published: 22-09-2022 | 10:28:00 | By: Pie Kamau
Former Safaricom CEO Michael Joseph has been appointed as Board Chair of a Kenyan agricultural insurtech startup Pula.


Ethiopian fintech startup Chapa launches online payment gateway service for businesses
Published: 22-09-2022 | 10:17:00 | By: Pie Kamau
Ethiopian fintech startup Chapa has launched an online payment gateway to enable businesses accept payments from people worldwide.


Decentralized renewables are pointing entrepreneurs to sustainable jobs, report
Published: 21-09-2022 | 14:15:00 | By: Bob Koigi
The industry’s most comprehensive emerging markets employment census shows increased demand for DRE solutions is creating hundreds of thousands of formal and informal jobs.


Healthtech startup Remedial Health secures $4.4m to provide access to credit for pharmacies in Nigeria
Published: 21-09-2022 | 13:23:00 | By: Pie Kamau
Remedial Health, a healthtech startup that develops solutions to make Africa’s pharmaceutical value chain more efficient, has raised $4.4 million in seed funding to accelerate its expansion across Nigeria.


Swiss biotech startup Hedera Dx raises €14m seed funding to accelerate global adoption of liquid biopsies
Published: 21-09-2022 | 11:52:00 | By: Pie Kamau
Hedera Dx, a Swiss biotech startup, has raised €14 million in funding to launch a blood-based testing solution to profile cancer DNA circulating in the blood, helping patients access better treatments.


Idealist Capital announces first close of its Climate Impact Fund to accelerate energy transition
Published: 21-09-2022 | 11:32:00 | By: Pie Kamau
Idealist Capital, a North American fund with a primary focus on the Canadian market, announced the first closing of the Idealist Climate Impact Fund LP (the Fund) with capital commitments totalling C$250 million. 


Human Ventures announces anchor partnership with Bank of America to invest in early-stage founders
Published: 21-09-2022 | 11:09:00 | By: Pie Kamau
Human Ventures, one of New York City's premier emerging venture funds, announced an anchor partnership with Bank of America for Human Ventures Fund II.


Israeli data security startup Sentra launches in the U.S.
Published: 21-09-2022 | 10:51:00 | By: Pie Kamau
Sentra, an Israeli cloud data security company, announced its arrival in the U.S. market with the opening of its new North American headquarters in New York City.


Google-backed startup Massage Robotics launches equity crowdfunding via StartEngine
Published: 21-09-2022 | 10:26:00 | By: Pie Kamau
Google-backed startup, Massage Robotics announced the launch of equity crowdfunding via StartEngine, to show how robots can help people heal with free massage therapy.


Canadian Raven Indigenous Capital Partners launches Fund II at $46m, eyes U.S. markets
Published: 21-09-2022 | 10:06:00 | By: Pie Kamau
Raven Indigenous Capital Partners, North America’s only Indigenous-led and owned venture capital intermediary, launched its second fund (Raven Fund II) with an initial close of $46 million, and a target size of $75 million.


Gradient Ventures leads $6m investment in LatAm's tax-technology startup Heru
Published: 20-09-2022 | 16:27:00 | By: Pie Kamau
Heru, an AI-based tax platform that simplifies the tax-filing process and provides intelligent insights for future filings, announced a $6 million seed round led by Gradient Ventures, Google's AI-focused venture fund. 


MedGeo secures $4m equity investment and joint venture agreement with Jackson Healthcare company
Published: 20-09-2022 | 16:12:00 | By: Pie Kamau
MedGeo Ventures announced it has secured a $4 million equity investment and joint venture agreement with Jackson Healthcare company.


Dutch sustainable blockchain startup GRNGrid secures $50m to drive connectivity with crypto exchanges
Published: 20-09-2022 | 15:53:00 | By: Pie Kamau
The GRN Association announced it has secured an investment totaling $50 million for the GRNGrid project from GEM Digital, a venture capital focused on digital currencies.


Nigerian blockchain payments startup Bitmama closes $2m pre-seed round to scale growth
Published: 20-09-2022 | 15:28:00 | By: Pie Kamau
Nigerian blockchain payments startup Bitmama announced a pre-seed extension of $1.65 million, adding to the $350,000 it received last October, thus closing the round at $2 million led by Unicorn Growth Capital and Launch Africa.


Unicorn Growth Capital, EchoVC join Celo Foundation to support Web3 projects across Africa
Published: 20-09-2022 | 15:23:00 | By: Pie Kamau
Unicorn Growth Capital and EchoVC have joined the Celo Foundation to support growth of Web3 projects across Africa through newly dedicated Celo ecosystem investment funds.


French AI and cloud media startup Newsbridge closes €7m funding round to develop U.S. presence
Published: 19-09-2022 | 12:35:00 | By: Pie Kamau
Newsbridge, the French AI & Cloud Media company has raised €7 million Series A funding round to continue its expansion to the U.S.A, and hire top AI and Media Engineering talent.


Dutch-based Builders studio raises €1.5m for development of HR and proptech startups
Published: 19-09-2022 | 10:12:00 | By: Pie Kamau
Rotterdam-based startup studio Builders has raised €1.5 million in funding in its second closing, to develop HR and proptech startups and start international expansion.


Ghanaian health tech startup mPharma acquires majority stake in Nigeria’s HealthPlus
Published: 19-09-2022 | 09:50:00 | By: Pie Kamau
Ghanaian health tech startup mPharma has acquired a majority stake in HealthPlus, a pioneer pharmacy chain in Nigeria.


Security and management supplier Verkada raises $205m to build an operating system for the physical world
Published: 19-09-2022 | 09:36:00 | By: Pie Kamau
Verkada, a pioneer in cloud-managed enterprise building security and management, announced a $205 million Series D funding round with new and existing venture partners.


India's fruits and vegetables platform Sahyadri Farms raises €40m growth capital to support smallholder farmers
Published: 19-09-2022 | 09:19:00 | By: Pie Kamau
India's integrated platform for fruits and vegetables Sahyadri Farms has raised  €40 million growth capital from a group of impact-focused investors; Incofin, Korys, FMO and Proparco.