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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 362476 | Tags:

Health and wellness hydration startup LARQ raises $10m series A funding for further expansion
Published: 30-09-2020 | 16:01:00 | By: Pie Kamau
LARQ, health and wellness hydration brand, announced a round closure of $10 million in Series A funding to continue its global expansion through 2021 and further develop as a 360-degree hydration brand.


French baby food startup Yooji raises €7.5 million funding to boost operations
Published: 30-09-2020 | 15:59:39 | By: Bob Koigi
French-based baby-food company Yooji has secured €7.5 million funding to make highly nutritional and sustainable baby food easily accessible to parents.


S2G Ventures, CDPQ announce funding for startups in sustainable food business
Published: 30-09-2020 | 15:55:00 | By: Bob Koigi
Caisse de dépôt et placement du Québec (CDPQ) and S2G Ventures (S2G) have announced creation of a co-investment partnership that will target ventures that aim to make the food and agriculture industry more sustainable.


Neuron Mobility secures $12 million funding to expand to Australia, UK and New Zealand
Published: 30-09-2020 | 15:49:00 | By: Bob Koigi
Singapore e-scooter startup Neuron Mobility has announced its latest round of funding of $12 million, led by top Australian venture capital firm, Square Peg, along with global venture capital firm GSR Ventures.


Scrum Ventures launches Food Tech Studio - Bites!
Published: 30-09-2020 | 15:08:00 | By: Pie Kamau
Scrum Ventures announced the launch of Food Tech Studio - Bites!, a global community of stage-agnostic startups who share a common vision of solving key challenges plaguing food supply chain.


Alfa Bank, Plug and Play collaborate on innovation in Fintech
Published: 30-09-2020 | 14:39:00 | By: Pie Kamau
Along with 80 other financial institutions across the United States, Frankfurt, Amsterdam, Milan, Paris, Abu Dhabi, Shanghai, Singapore, and Tokyo, Alfa Bank will join Plug and Play's global ecosystem.


Dutch food tech startup Mosa Meat receives $55 million to expand operations
Published: 29-09-2020 | 16:03:52 | By: Bob Koigi
Mosa Meat, a Dutch food technology startup which introduced the world’s first cultured beef hamburger in 2013, announced the first closing of $55 million as part of a larger Series B funding round.


Cognoptix secures $2.6 million financing to advance Alzheimer’s disease test
Published: 29-09-2020 | 15:58:07 | By: Bob Koigi
Cognoptix, a US healthcare company developing the Sapphire II System, a breakthrough technology for early detection of Alzheimer's disease (AD), has announced the closing of an over-subscribed Series R financing round.


Copenhagen biotech startup Synklino raises seed round to develop breakthrough infection treatment for transplant patients
Published: 29-09-2020 | 15:02:14 | By: Pie Kamau
Synklino ApS, an emerging biotech company developing first-in-class breakthrough treatment to eliminate cytomegalovirus (CMV) infections in the transplant setting announced the successful closing of a seed financing.


Cannabis cultivation software startup Trym closes $3.1m seed round to accelerate growth
Published: 29-09-2020 | 14:29:00 | By: Pie Kamau
Trym, a pioneering cannabis cultivation software company announced the completion of its $3.1 million seed funding round of financing to accelerate growth.


Taiwanese healthtech startup iWEECARE extends $2.4m pre-series A financing to serve global demand for remote patient monitoring
Published: 29-09-2020 | 13:28:00 | By: Pie Kamau
iWEECARE, developer of world's smallest continuous temperature monitoring product, Temp Pal®, raised $2.4 million in extended pre-series A financing to serve global demand for remote patient monitoring.


Robotics solution startup Exotec raises $90m for international expansion of its warehouse automation technology
Published: 29-09-2020 | 12:55:00 | By: Pie Kamau
Exotec, a robotics solution for logistics and creator of the Skypod 3D warehouse robots, announced a $90 million financing round.


Cyber security startup Cerby announces $3.5m seed round to accelerate product development and hiring
Published: 28-09-2020 | 15:36:00 | By: Pie Kamau
Cerby, a stealth cybersecurity company focused on helping enterprises harness Shadow IT, announced a $3.5 million seed round led by Bowery Capital with participation from AV8 Ventures, Global Founders Capital, and the Incubate Fund US.


Swisscom, Ericsson and Qualcomm join forces to find world's most innovative 5G startups
Published: 28-09-2020 | 15:14:00 | By: Pie Kamau
Switzerland's telecommunications and IT company Swisscom is joining forces with Ericsson and Qualcomm CDMA Technologies GmbH to identify the world's most innovative startups and research teams working on 5G applications.


AltoIRA enables individuals invest in startups using IRAs
Published: 28-09-2020 | 15:06:01 | By: Pie Kamau
AltoIRA, a technology platform that simplifies and streamlines the process for investors to add alternative assets to their IRAs announced a new partnership with Republic, a leading investment platform for startups.


Cannon Quality announces new compliance essentials for startups program
Published: 28-09-2020 | 14:54:52 | By: Pie Kamau
Cannon Quality Group (CQG) announced a new medtech quality management program designed to help startups set the foundation for a quality management system (QMS) compliant to FDA QSR and ISO 13485 requirements.


Unacademy acquires exam prep startup Coursavy
Published: 25-09-2020 | 12:23:17 | By: Bob Koigi
India edtech company Unacademy has acquired Coursavy, a platform for Union Public Service, UPSC exams preparation.


Siolta Therapeutics raises $30 million funding for treatment of allergic diseases
Published: 25-09-2020 | 12:16:55 | By: Bob Koigi
Siolta Therapeutics, a clinical-stage biotech company in the US, has raised $30 million in a series B investment round to support the clinical development of its lead product.


Servify raises $23 million financing for global expansion
Published: 25-09-2020 | 12:04:14 | By: Bob Koigi
Servify, the Indian-based device lifecycle management platform that integrates multiple OEM Brands and their sales and service ecosystem to deliver great after-sales service experience has announced that it has raised $23 million.


Airsmat raises $100,000 investment to deepen AI application in agriculture
Published: 25-09-2020 | 09:33:19 | By: Bob Koigi
AirSmat, a Nigeria-based Pan-African Software company, has received a boost of $100,000 from Zetogon as pre-seeding investment to help the organization on the journey to deliver world-class service in Africa.


Mastercard announces Fintech Express to empower Middle East and Africa fintechs to launch and expand rapidly
Published: 24-09-2020 | 16:49:00 | By: Pie Kamau
Mastercard has launched Fintech Express in the Middle East and Africa (MEA), a program designed to facilitate emerging fintechs’ launch and expansion.


EasySend raises $16m to enable insurance companies and financial institutions to build a no-code digital future
Published: 24-09-2020 | 14:03:00 | By: Pie Kamau
EasySend, the no-code AI-powered platform transforming manual processes into digital journeys, announced it has raised $16 million in funding following the completion of an $11 million Series A round led by Hanaco with participation from Intel Capital.


Insurtech startup cogniSure launches AI platform for commercial loss run automation with 9 pilot customers
Published: 24-09-2020 | 13:44:00 | By: Pie Kamau
The insurance industry spends a significant amount of manual effort, time and money analyzing PDF and Excel loss runs that are in nonstandard, carrier-specific, unstructured document formats.


Peterson Ventures announces $65m in fresh capital to invest in early stage consumer and SaaS startups
Published: 24-09-2020 | 13:20:00 | By: Pie Kamau
Peterson Ventures, a founder-first seed stage venture fund, announced that it has raised $65 million in fresh capital.


 [Startup Interview] Myron Leskiv, CEO, Atama.AI, Netherlands
Published: 24-09-2020 | 08:42:00 | By: Bob Koigi
Atama A.I is a Netherlands startup that develops Artificial Intelligence-based trading algorithms for financial markets informed by years of research and development. It uses over 170 technical indicators and trained and back-tested millions of times to predict where the markets will go.


Neighbor attracts top tech talent to usher in new wave of growth for Silicon Slopes startup
Published: 23-09-2020 | 13:56:00 | By: Pie Kamau
Neighbor, the self-storage marketplace disruptor, has added three strategic hires to its executive team to fuel a new wave of growth for the Andreesesen Horowitz-funded startup, which has grown 5X in 2020.


Legendary Ventures invests in Elon Musk's SpaceX
Published: 23-09-2020 | 13:34:00 | By: Pie Kamau
Legendary Ventures announced an investment in Space Exploration Technologies Corp. (SpaceX) through its Series N funding round.


London-based startup TopTip plans to give half its shares to its users
Published: 23-09-2020 | 13:12:00 | By: Pie Kamau
London-based startup Useful Interruptions, owner of the TopTip recommendations app, announced the launch of its Founders Club programme that aims to give half the shares in the company to users of TopTip.


Clearent acquires field-services-management solution Wintac
Published: 23-09-2020 | 12:20:00 | By: Bob Koigi
Payment-solutions provider Clearent has acquired Wintac, a field-service-management software solution primarily targeting residential contractors.


Brazil fintech startup Zoop secures $11.4 million funding to accelerate growth
Published: 23-09-2020 | 12:09:45 | By: Bob Koigi
Movile, one of Latin America’s investors and growth accelerators for technology companies, has announced the company led a new investment of R$ 60 million in Zoop, a startup in financial services for the B2B market.


Bright Health raises $500 million to fund low cost medicare, expansion
Published: 23-09-2020 | 12:04:48 | By: Bob Koigi
US medicare startup Bright Health has announced a $500 million Series E funding round with significant investments by funds and accounts advised by Tiger Global Management.


Phytolon secures $4.1 million funding for natural food colour tech
Published: 22-09-2020 | 15:17:00 | By: Bob Koigi
Israel-based Phytolon, a portfolio company of The Trendlines Group Ltd has announced that it secured $4.1 million in funding for its fermentation-based technology for the production of plant-based food colours.


Ireland biotech startup Inflazome acquired by Roche for €380 million
Published: 22-09-2020 | 15:12:00 | By: Bob Koigi
Inflazome has announced that it has closed a share purchase agreement with Roche in which Inflazome’s shareholders received an upfront payment of €380 million.


Finish startup ICEYE raises $87m to accelerate growth of its SAR satellite constellation
Published: 22-09-2020 | 14:28:00 | By: Pie Kamau
ICEYE, a SAR data provider, announced the closing of a larger than planned $87 million Series C funding, led by return investor True Ventures, with a significant additional investment by OTB Ventures.


Finch secures $1.8m to launch all-in-one checking and investing account for millennials
Published: 22-09-2020 | 13:56:00 | By: Pie Kamau
Finch, a New York based fintech startup that integrates the benefits of investing and the flexibility of checking into an all-in-one account has raised $1.8 million in seed funding to launch its platform and help transform how people manage their money.


Neurostimulation startup Salvia BioElectronics raises €26m to develop innovative therapy for chronic migraine
Published: 22-09-2020 | 13:15:00 | By: Pie Kamau
Salvia BioElectronics B.V., a neurostimulation platform company targeting chronic migraine, has raised €26 million in new financing from new and existing investors.


Amsterdam based startup Zeta Alpha launches AI platform to help experts navigate new research
Published: 22-09-2020 | 13:00:00 | By: Pie Kamau
Amsterdam based startup Zeta Alpha is launching AI Research Navigator, a new deep learning-based search platform, to help AI experts navigate new research.


[Startup Interview] Marthinus Coetzee, CEO, iPTT Africa, South Africa
Published: 22-09-2020 | 11:02:00 | By: Bob Koigi
Iptt africa (pty) Limited, a South African telecommunications startup, solves the communication problems faced by many businesses and organizations in Africa through its italkptt platform that allows businesses to communicate from anywhere in Africa to anywhere in the world. The CEO Marthinus Coetzee elaborates.


ARM launches API service for fintech startups in Nigeria
Published: 22-09-2020 | 09:33:00 | By: Pie Kamau
Nigeria's financial services provider ARM launched ARM Sandbox, a new and more efficient way for fintechs to scale their integration and customer acquisition plans.


Online sales program startup Virtanza closes $1m in private investment funding round
Published: 21-09-2020 | 14:26:00 | By: Pie Kamau
Sales2Job Academy, DBA Virtanza, an Orange County-based company that offers higher education a scalable sales training solution directly connected to employers, announced it has raised seed round funding totaling $1 million from private investors.


South Korean fntech startup WireBarley raises $10m Series B to strengthen global remittance service capabilities
Published: 21-09-2020 | 14:10:00 | By: Pie Kamau
South Korean fintech startup in global memittance WireBarley has raised $10 million in Series B funding from Magna Investment, Shinsegae I&C and Dt & Investment.


South Korean healthcare startup WellsCare signs in-store contract with b8ta for IASO
Published: 21-09-2020 | 14:00:35 | By: Pie Kamau
WellsCare, a member company of the Born2Global Centre, signed a store contract with b8ta, a famous American flagship store that is dedicated to innovative products.


Harvard-incubated startup MarqVision launches AI-powered platform to protect brands from counterfeits
Published: 21-09-2020 | 13:43:44 | By: Pie Kamau
MarqVision, an AI-based SaaS company, launched its brand protection platform that helps brands effortlessly detect and remove counterfeits on online marketplaces.


[Startup Interview] Jason Gras, Emile Fulcheri, Stima, Kenya
Published: 19-09-2020 | 10:54:00 | By: Bob Koigi
Stima is a Kenya-based startup that operates a smart service swap stations providing charging services to enable moto-taxi riders to switch to electric motorcycles.


Zuper raises $1.1 million seed funding to boost its workforce management Saas platform
Published: 19-09-2020 | 10:29:03 | By: Bob Koigi
Zuper, provider of an intelligent workforce and customer management platform has raised $1.1 million in seed funding.


Wisdom Gaming Group receives $3 million financing to grow esports marketing platform
Published: 19-09-2020 | 10:24:47 | By: Bob Koigi
As esports consumption continues to grow rapidly worldwide, Wisdom Gaming Group, a digital media company specializing in esports content and experiences, has announced that it has secured $3 million in Series A funding.


German urban farming startup Infarm raises $170m to grow urban vertical farming network in the world
Published: 18-09-2020 | 13:22:00 | By: Pie Kamau
Infarm, German urban farming network announced $170 million investment raised in the first close of a Series C funding round expected to reach $200 million.


ZenSports closes additional $1.46m Seed funding for U.S. and international expansion
Published: 18-09-2020 | 12:52:00 | By: Pie Kamau
ZenSports, the mobile peer-to-peer sports betting marketplace announced a new $1.46 million Seed round of funding to expand into the United States, as well as to continue to grow its international presence.


Delivery Hero buys Glovo’s Latin America operations at $272 million
Published: 18-09-2020 | 12:39:00 | By: Bob Koigi
Delivery Hero, the world’s local delivery platform, has entered into an agreement with Glovo, an on-demand delivery start-up, to acquire its operations in Latin America for up to €230 million.


DemandSage secures $3 million funding to improve sales and marketing data
Published: 18-09-2020 | 12:33:42 | By: Bob Koigi
Demand Sage, a US-based revenue operations startup built on Google Sheets, has raised a $3 million Seed round led by Eniac Ventures and Underscore VC.


Plug and Play selects 147 startups for its winter 2020 batches
Published: 18-09-2020 | 12:02:00 | By: Pie Kamau
Plug and Play announced the selection of 147 new startups into its winter 2020 batches. The startups were selected to join one of the following programs that will run through November 2020.


Imagine Impact closes Series A financing with Benchmark
Published: 18-09-2020 | 11:42:17 | By: Pie Kamau
Imagine Impact, the content accelerator and online marketplace startup founded by Academy Award-winning duo Brian Grazer and Ron Howard, announced the close of its Series A financing round led by Benchmark, a Silicon Valley Venture Capital firm.


realme unveils realme C15, the first 6000mAh smartphone in Kenya
Published: 18-09-2020 | 09:45:00 | By: Bob Koigi
Emerging mobile phone brand realme has unveiled the latest addition to its C-series stable, the realme C15, in Kenya as it seeks to capture one of the most advanced mobile phone markets in the continent.


Fintech startup KodyPay raises £1.8m to transform payments industry
Published: 17-09-2020 | 12:35:00 | By: Pie Kamau
London based fintech startup KodyPay, raised £1.8 million to transform the payments industry, allowing users to pay for goods in-store without queueing thereby making shopping a prompt and effortless process.


Cellular agriculture startup Wildtype launches salmon in sushi restaurants
Published: 17-09-2020 | 12:07:00 | By: Pie Kamau
Cellular agriculture startup Wildtype has unveiled its latest cell-based salmon. This version is "sushi-grade" and crafted with the sushi industry's favorite raw salmon applications in mind.


Infarm announces $170 million financing to grow innovative urban farming model
Published: 17-09-2020 | 11:45:31 | By: Bob Koigi
Berlin urban farming network Infarm has announced $170 million investment raised in the first close of a Series C funding round expected to reach $200 million.


AppDirect raises $185 million funding to fuel global expansion
Published: 17-09-2020 | 11:42:16 | By: Bob Koigi
AppDirect, the subscription commerce platform, has announced investments of $185 million from global institutional investor Caisse de dépôt et placement du Québec (CDPQ) and existing investors.


ventureLAB, Silicon Catalyst partner to expand hardware and silicon ecosystem in Canada
Published: 17-09-2020 | 11:37:30 | By: Bob Koigi
Canada-based technology hub ventureLAB has partnered with Silicon Catalyst to expand its reach for the Hardware Catalyst Initiative (HCI), Canada’s first hardware and silicon lab and incubator.


SEMrush acquires Poland's SaaS PR tech startup Prowly
Published: 17-09-2020 | 11:29:00 | By: Pie Kamau
SEMrush, an online visibility management and content marketing SaaS platform, has further expanded its ecosystem with the acquisition of a 100% stake in Poland's public relations SaaS startup Prowly.com.


Trust Payments partners with messaging and e-commerce startup Wakanda Messenger to empower Africans around the world
Published: 17-09-2020 | 11:05:41 | By: Pie Kamau
Trust Payments, the global unified payments group for global pay-in, pay-out and customer journey technologies, has partnered with social network, messaging and e-commerce startup Wakanda Messenger.


First AML raises $5.4 million to boost its anti-money laundering tech solution
Published: 16-09-2020 | 18:41:30 | By: Bob Koigi
First AML has raised $5.4 million in a Series A funding round led by US-based Bedrock Capital, with support from existing investors Pushpay founder Chris Heaslip and Icehouse Ventures.


Hetz Ventures closes on $77m for oversubscribed second fund to invest in B2B enterprise tech
Published: 16-09-2020 | 14:58:00 | By: Pie Kamau
Hetz Ventures, a leading venture capital fund for early-stage investments, announced the close of its second flagship fund, oversubscribed at $77 million.


Flagstar Bank now accepting applications for MortgageTech Accelerator Program
Published: 16-09-2020 | 14:42:00 | By: Pie Kamau
Flagstar Bank and the Fintech Consortium are accepting applications for the Flagstar MortgageTech Accelerator Program now through Sept. 30.


Wix announces Wix Capital, internal venture arm to invest in global startups
Published: 16-09-2020 | 14:23:00 | By: Pie Kamau
Wix.com, the global leader in website creation, announced its own venture capital initiative, Wix Capital, to invest in technology innovators that are focused on the future of the web.


Bidbud launches app that allows workers to place bids on posted jobs
Published: 16-09-2020 | 11:14:37 | By: Bob Koigi
Bidbud, a mobile application that brings the power of trade and commerce back into the hands of the people, has announced its official launch on iOS and Android devices.


Observe.AI raises $54 million financing to enhance contact center AI
Published: 16-09-2020 | 11:10:46 | By: Bob Koigi
Observe.AI, a US-based startup involved in Contact Center AI, has announced a $54 million Series B financing led by Menlo Ventures, with participation from Next47 Ventures, and NGP Capital.


MetLife partners with 10 startups to develop financial wellness solutions for customers
Published: 16-09-2020 | 11:01:35 | By: Bob Koigi
MetLife, Inc. has announced its third annual class of startups to participate in the MetLife Digital Accelerator powered by Techstars.


Seegrid closes $52 million in growth equity financing
Published: 15-09-2020 | 17:24:59 | By: Bob Koigi
Seegrid Corporation, the company involved in self-driving industrial vehicles for material handling, has announced that it closed a $52 million growth equity financing round.


GoDaddy acquires SkyVerge to boost online sale with WordPress and WooCommerce
Published: 15-09-2020 | 12:37:00 | By: Bob Koigi
GoDaddy Inc. , the company that empowers everyday entrepreneurs, has entered into a definitive agreement to acquire SkyVerge, a WooCommerce product developer.


MRM Global secures £2.6 million investment from BGF to fuel international growth
Published: 15-09-2020 | 12:28:00 | By: Bob Koigi
BGF, UK and Ireland’s most active investor, has invested £2.6 million in Edinburgh based MRM Global, a high growth, industry-leading provider of marketing technology to the global drinks and hospitality sector.


Klarna announces $650 million funding round to accelerate global growth
Published: 15-09-2020 | 12:22:00 | By: Bob Koigi
Klarna, the global payments and shopping service, has raised $650 million in an equity funding round, at a post money valuation of $10.65 billion.


Nigerian e-commerce startup Kwik Delivery releases WooCommerce plugin, enabling 2-hour deliveries for online merchants
Published: 15-09-2020 | 12:07:00 | By: Pie Kamau
Nigerian e-commerce startup Kwik Delivery released a WooCommerce plugin, enabling thousands of Nigerian online merchants to integrate seamlessly its delivery service to their WordPress online stores.


Medical device startup Spine Align raises $1.75m Series Seed Round to reach FDA clearance
Published: 15-09-2020 | 08:55:00 | By: Pie Kamau
Spine Align, a medical device company developing a portfolio of products that enable spine surgeons to measure, visualize, and adjust patients' spinal alignment during surgery, closed a $1.75M Series Seed round.


Virtual reality startup Nanome partners with Fujitsu to bring drug design software to Japanese market
Published: 15-09-2020 | 08:28:00 | By: Pie Kamau
San Diego-based virtual reality (VR) startup Nanome, has entered into an agreement with Fujitsu to bring their signature product, an immersive scientific design and collaboration platform to the Japanese market.


Kenyan tech startup Xetova shortlisted for MIT 2020 health security & pandemics track
Published: 15-09-2020 | 08:12:00 | By: Pie Kamau
Kenyan technology startup, xetova, has been named 2020 Global Solve finalist by Massachusetts Institute of Technology (MIT) in the health security and pandemics track.


AI-based startup SafeRide expands into Germany to support, accelerate growing business in Europe
Published: 14-09-2020 | 12:56:00 | By: Pie Kamau
SafeRide Technologies, a leading provider of AI-based vehicle health management, data analytics, and cybersecurity solutions for connected and autonomous vehicles, announced the opening of a new office in Germany.


IME Medical Electrospinning secures €3m financing from Dutch VCs to expand its Medispin XL production platform
Published: 14-09-2020 | 12:37:00 | By: Pie Kamau
IME Medical Electrospinning, a global leader in electrospun medical devices and regenerative medicine, announced it has successfully raised €3 million in equity financing and debt.


realme set to unveil its latest brand realme C15 in Kenya
Published: 14-09-2020 | 09:45:00 | By: Bob Koigi
Global smartphone manufacturer realme has announced September 18 as the day it will unveil its latest brand in the Kenyan market, the realme C15,


The realme 6 and realme Band revolution in Kenya smartphone market
Published: 11-09-2020 | 14:30:00 | By: Bob Koigi
Realme 6 that premiered in Kenya in early September is already making waves as evidenced by the number of sales and inquiries across online shops among them Jumia Kenya.


Danish drone startup QuadSAT raises €2m to accelerate product testing
Published: 11-09-2020 | 13:46:00 | By: Pie Kamau
QuadSAT, a Danish company that is revolutionising test and measurement of satellite antennas, announced it has closed a €2 million Pre-Series A Investment, the largest venture investment in a Danish drone tech company in history.


Spain's Banco Santander spins out fintech venture capital arm, doubles allocated funds to $400m
Published: 11-09-2020 | 13:07:00 | By: Pie Kamau
Banco Santander announced the launch of Mouro Capital, a new, autonomously managed venture capital fund focused on fintechs and adjacent businesses linked with the financial services industry.


Zurich-based turicode closes €2m seed investments round for growth plans
Published: 11-09-2020 | 12:51:00 | By: Pie Kamau
turicode, a successful Software-as-a-Service provider in the field of document processing solutions based on machine learning and deep learning raised €2 million seed investments to fund the company’s growth plans.


UK's curated audio platform for journalism Curio closes $9m Series A funding for international expansion
Published: 11-09-2020 | 11:11:00 | By: Pie Kamau
Curio, the premium audio platform with a curated library of expert journalism, closed a $9 million Series A round led by Earlybird. Draper Esprit, Cherry Ventures, and Horizons Ventures also took part in the investment.


Nortal to acquire German-based IT solutions company Schütze
Published: 11-09-2020 | 09:24:00 | By: Bob Koigi
Global tech company Nortal has entered into a definitive agreement to acquire Schütze AG, a strategic consulting and software engineering company in Germany.


Oyster closes $ 14 million seed round to accelerate its expansion in Mexico
Published: 11-09-2020 | 09:20:00 | By: Bob Koigi
Oyster has announced the closing of a $14 million seed round. This is the largest venture capital investment for a seed round in Latin America to date under the LAVCA umbrella.


Biorez secures $3.5 million funding to advance tendon and ligament repair innovation
Published: 11-09-2020 | 09:17:00 | By: Bob Koigi
Biorez, Inc., a US medical device startup advancing tendon and ligament repair has raised $3.5 million in its Series Seed financing, adding to $3.5 million raised previously.


GreenTec invests in Cameroon digital farm startup Freshbag
Published: 11-09-2020 | 08:28:33 | By: Bob Koigi
GreenTec has announced its investment in Freshbag, an innovative digital Cameroon platform that connects farmers and vendors to ensure a fair and reliable food supply network.


Belgian startup InviteDesk raises €500K to expand its event marketing software
Published: 10-09-2020 | 14:28:00 | By: Pie Kamau
InviteDesk, developer of event marketing software, has increased its capital by more than €500 thousand. With InviteDesk, companies increase their return on investment (ROI) from event marketing.


Mylan to acquire Aspen's Thrombosis business in Europe
Published: 10-09-2020 | 13:23:24 | By: Bob Koigi
Global pharmaceutical company Mylan N.V. has announced an agreement to acquire the related intellectual property and commercialization rights of Aspen Pharmacare Holdings Limited's thrombosis business in Europe.


Danish drone startup QuadSAT secures €2 million funding to enhance antenna testing technology
Published: 10-09-2020 | 13:16:02 | By: Bob Koigi
QuadSAT, a Danish company that is revolutionizing test and measurement of satellite antennas, announced has closed a €2 million Pre-Series A Investment, the largest venture investment in a Danish drone tech company in history.


France AI startup reciTAL raises €3.5 million to bolster its Document Intelligence solutions
Published: 10-09-2020 | 13:12:23 | By: Bob Koigi
reciTAL, a Paris-based AI start-up specializing in Document Intelligence solutions, is raising € 3.5 million for the first time with the Breega investment fund.


Sanbox acquires UK education startup Teachit
Published: 09-09-2020 | 17:21:00 | By: Bob Koigi
Sandbox, an operating platform for digital educational products and services has announced that it has acquired Teachit, a UK-based teacher resource provider from education charity AQA.


ClinSpec Dx secures £2.4 million financing to boost early detection of cancer
Published: 09-09-2020 | 17:10:00 | By: Bob Koigi
Efforts to improve the early detection of cancer have received a significant boost with a £2.4 million funding deal to support the further development of innovative testing technology.


Dutch fintech startup Mollie raises €90 million to scale operations across Europe
Published: 09-09-2020 | 16:59:22 | By: Bob Koigi
Dutch-based payment service provider Mollie has announced the closing of €90 million in its Series B funding round, taking the total amount raised by the company to €115 million.


Belgian scale-up Oncomfort raises €10m in Series A funding
Published: 09-09-2020 | 15:29:00 | By: Pie Kamau
Oncomfort, the Belgian inventor of and leader in Digital SedationTM a method for relieving patients' pain and anxiety without medication announced the completion of a €10 million Series A funding round.


PopSQL raises $3.4m to help teams collaborate using data
Published: 09-09-2020 | 15:09:00 | By: Pie Kamau
PopSQL, the collaborative SQL editor for teams announced $3.4 million in seed funding, led by Gradient Ventures, Google's AI-focused venture fund.


Pcysys announces $25m Series B funding round led by Insight Partners
Published: 09-09-2020 | 14:56:00 | By: Pie Kamau
Cybersecurity Validation company, Pcysys, announced it has completed a $25 million Series B funding round led by US-based venture capital and private equity firm Insight Partners.


SaaS Ventures announces launch of second fund, raises $20m in first close
Published: 08-09-2020 | 16:04:00 | By: Pie Kamau
SaaS Ventures, a Maryland-based venture capital firm focused on investing in early stage enterprise technology companies in secondary markets throughout the U.S. and Canada, has announced the launch of a second fund (Fund II).


Early investors in 4IR startups set to reap rewards
Published: 08-09-2020 | 15:45:00 | By: Pie Kamau
Early investors in startups with exposure to the fourth industrial revolution (4IR) are benefiting from significant revenue growth despite the physical constraints introduced by governments’ responses to the Covid-19 pandemic.


Fintech startup Thunes raises $60m in Series B funding to accelerate global growth
Published: 08-09-2020 | 14:19:00 | By: Pie Kamau
Fintech startup Thunes, which operates a global B2B cross-border payments network, continues to attract investment as emerging markets take off.


Smart consumer technology startup Dreame raises $14.6m in Series B+ funding
Published: 07-09-2020 | 16:16:00 | By: Pie Kamau
Dreame Technology (Dreame), a smart consumer technology company specializing in cordless vacuum cleaners, robot vacuum cleaners and mops, announced it raised $14.6 million in its Series B+ funding led by IDG Capital.


Paul Lamontagne steps down as CEO of FinDev Canada
Published: 07-09-2020 | 11:27:26 | By: Pie Kamau
Following close to three years as the first CEO of Findev Canada, Paul Lamontagne has announced that he is stepping down effective September 11, 2020.


Software development startup Zymr expands footprint in India, opens new development center in Bengaluru
Published: 04-09-2020 | 15:32:00 | By: Pie Kamau
Zymr, a full-stack cloud-native software development company headquartered in California announced the establishment of a third development center in Bengaluru, India, to respond to an increasing customer demand despite COVID slowdown.


SafeButler, Liberty Mutual partner to offer instant renters insurance
Published: 04-09-2020 | 15:08:00 | By: Pie Kamau
YCombinator funded startup SafeButler has partnered with Liberty Mutual, an insurance industry leader for over 100 years, to provide instant access to a comprehensive renters insurance plan at a very low rate.


StartUp Namibia launches Round 2 of COVID 19 Startup Grant
Published: 04-09-2020 | 08:48:00 | By: Pie Kamau
In order to support more startups and young enterprises, StartUp Namibia and its partners announced Round 2 of the COVID-19 Startup Grant, called “Startup Survival Grant”.


Demodesk raises $8m to scale world’s first intelligent online sales meeting software
Published: 03-09-2020 | 16:27:00 | By: Pie Kamau
Demodesk has raised $8 million in the latest Series A funding round, led by Balderton Capital with participation from Target Global, to scale the platform that has revolutionized screen-sharing for great customer conversation.


BorgWarner expands collaboration with startup ecosystem Plug and Play
Published: 03-09-2020 | 16:02:58 | By: Pie Kamau
BorgWarner announced its next venture with Plug and Play, a global innovation platform and accelerator ecosystem for startup companies, by becoming a partner of its newly planned incubator location in Detroit.


South Korean Doit5 launches advertising content service using web AR technology
Published: 03-09-2020 | 15:37:00 | By: Pie Kamau
Social marketing platform Doit5 announced the launch of an advertising service that uses content with web based AR technology.


e-commerce startup Pharmapacks closes $40m bridge round financing
Published: 03-09-2020 | 15:12:00 | By: Pie Kamau
Pharmapacks, a leading e-commerce enablement platform and retail seller for brands across major ecommerce marketplaces announced the closing of a $40 million bridge round financing.


West Africa's Miro Forestry raises $48 funding close led by CDC to combat climate crisis
Published: 02-09-2020 | 15:01:00 | By: Pie Kamau
CDC Group, the UK’s publicly owned impact investor announced a further $12 million commitment to Miro Forestry, a sustainable forestry and timber business with plantations in Ghana and Sierra Leone.


Fielding Norton joins advisory board of InsureTech startup Pricing Platform
Published: 02-09-2020 | 10:41:00 | By: Pie Kamau
Pricing Platform, an InsureTech startup that integrates Property & Casualty underwriting, pricing, and portfolio analytics in a cloud-based platform announced Fielding "Fid" Norton has joined as founding advisor and Chair of the advisory board.


Digital Horizon invests in Nigerian health startup Healthlane
Published: 02-09-2020 | 09:55:45 | By: Pie Kamau
Digital Horizon venture fund has invested in Y Combinator alumnus Healthlane, the startup focusing on modern, online consultations for local and remote patients, alongside traditional face-to-face public health services across Africa.


Chromologics raises €1.9m seed round to accelerate development of fermentation-derived next generation food colorants
Published: 01-09-2020 | 17:19:00 | By: Pie Kamau
Chromologics, which is developing innovative natural food colorants, announced it has raised €1.9 million in seed financing led by Novo Seeds and supported by Nordic FoodTech VC and Vækstfonden.


Paris-based startup Klassroom raises $3m to expand from France to other countries including the U.S.
Published: 01-09-2020 | 17:00:00 | By: Pie Kamau
Klassroom, the Paris-based company that reinvents parent-teacher communication in pre-kindergarten and all elementary school grades, raised a $3 million seed round led by Bpifrance.


LimaCharlie receives $500K seed funding to accelerate growth of security infrastructure as a Service
Published: 01-09-2020 | 15:58:00 | By: Pie Kamau
LimaCharlie, the market leader for delivering Information Security Infrastructure as a Service (SIaaS), has secured seed $500K funding from Lytical Ventures to accelerate growth and support its continued success.


Enygma Ventures invests R4.2m in South Africa’s human resources startup Job Crystal
Published: 31-08-2020 | 17:06:00 | By: Pie Kamau
Enygma Ventures has made a R4.2 million investment into Job Crystal, South Africa’s premier recruitment company.


British legal tech startup Thirdfort raises £1m in seed-plus funding round
Published: 31-08-2020 | 16:27:00 | By: Pie Kamau
British Legal tech startup Thirdfort secured £1 million in its latest fund raising, as the security specialist looks to capitalise on increasing demand from law firms.


Developer platform Turing.com announces $14m Seed funding round led by Foundation Capital
Published: 31-08-2020 | 16:02:00 | By: Pie Kamau
Turing.com, an automated platform that lets companies cut the time it takes to hire software engineers from months to days announced a $14 million seed funding round.


Tech startup MITO Material Solutions announces oversubscribed $1m Series Seed funding round
Published: 31-08-2020 | 15:44:00 | By: Pie Kamau
MITO Material Solutions, a cutting edge developer of additives that enable polymer manufacturers to enhance product performance, announced an oversubscribed $1 million Series Seed funding round.


Ada Labs to launch four startups by December to provide solutions for Africa
Published: 31-08-2020 | 15:18:00 | By: Pie Kamau
Ada Labs Africa with headquarters in Nairobi, Kenya announced that since it’s launch earlier this year, the fusion lab has acquired six startups. The Lab currently has two in the market with the other four launching in the coming months.


Swiss startup Olympe raises €2.3m investment round to accelerate growth
Published: 28-08-2020 | 15:49:00 | By: Pie Kamau
Olympe, a disruptive software development platform for large companies announced the closing of €2.3 million funding round.


On-demand grocery startup Weee raises $35 million to accelerate expansion
Published: 28-08-2020 | 15:33:48 | By: Bob Koigi
Asian e-grocer in the United States, Weee!, has announced $35 million in Series C financing led by DST Global; bringing the total capital raised to over $100 million.


Clinical informatics startup Ovation.io launches pooled testing to boost COVID-19 offering
Published: 28-08-2020 | 15:23:00 | By: Bob Koigi
Ovation.io, Inc, makers of revolutionary solutions for molecular diagnostic labs, has announced support for pooled infectious disease testing, specifically COVID-19 testing


Healthtech startup Emme closes $2.5m seed round, launches integrated technology enabled birth control solution
Published: 28-08-2020 | 14:30:00 | By: Pie Kamau
Emme, a healthcare technology company focused on women's health, announced the launch of the Emme Smart Case, an integrated solution designed to reduce the 9% failure rate of birth control pills.


102 startups selected for Plug and Play's fall 2020 batches
Published: 28-08-2020 | 14:00:00 | By: Pie Kamau
Silicon Valley headquartered global innovation platform Plug and Play has announced the selection of 102 new startups into its fall 2020 batches.


Canadian startup OpenUnit raises $150K pre-seed funding from Y Combinator
Published: 28-08-2020 | 13:43:00 | By: Pie Kamau
Toronto-based OpenUnit announced it has raised $150,000 in pre-seed funding from US accelerator Y Combinator.


Tanzania startup tackles hidden hunger with bio fortified foods
Published: 27-08-2020 | 14:27:49 | By: Bob Koigi
An upsurge in cases of malnutrition among children in rural Tanzania, combined with the issue of poor markets for farmers, inspired Jolenta Joseph to venture into the nutrition business in 2017.


Silicon Valley startup Exo receives $40 million funding to for handheld medical imaging
Published: 27-08-2020 | 10:26:03 | By: Bob Koigi
Exo, a pioneering health information and devices company, has closed a $40 million Series B+ funding round that will fund research and product development on a revolutionary handheld medical device and cloud-based workflow software platform.


Azul3D secures $12.5 million seed financing to advance high-area rapid printing technology
Published: 27-08-2020 | 10:16:12 | By: Bob Koigi
3D-printing tech startup, Azul3D, has secured $12.5 million in an oversubscribed seed financing. Azul 3D will use the capital to advance its proprietary high-area rapid printing (HARPTM) technology and launch its first commercial printers.


Australia startup Bolt Bikes rebrands to Zoomo, announces expansion to USA
Published: 27-08-2020 | 10:08:30 | By: Bob Koigi
Bolt Bikes Bolt Bikes, the mobility startup, has completed a Series A capital raise of $11 million to invest in expanding its operations in the United States and move into new categories globally.


Belgian startup Ampacimon raises €4m to further accelerate growth through innovative projects
Published: 26-08-2020 | 15:50:00 | By: Pie Kamau
Belgian startup Ampacimon has raised €4 million with Korys as lead investor, with existing shareholders Gesval and Creos also taking part in this financing round with a view to strengthening their historical link with Ampacimon.


Organizational Management startup ChartHop raises $14m Series A financing led by a16z
Published: 26-08-2020 | 15:22:00 | By: Pie Kamau
ChartHop, the world's first organizational management platform built to help companies plan for the future, announced it raised $14 million in a Series A financing led by Andreessen Horowitz (a16z).


AI startup Fiddler secures investment from Amazon Alexa Fund to accelerate explainable monitoring solution
Published: 26-08-2020 | 15:01:00 | By: Pie Kamau
AI startup Fiddler announced a strategic investment by the Amazon Alexa Fund to advance its explainable monitoring solution.


HR tech startup Incluzion connects diverse talent to remote work and upskilling during pandemic
Published: 26-08-2020 | 14:33:00 | By: Pie Kamau
Incluzion, the first online platform connecting companies to Black and Latinx talent for freelance work announced the launch of Incluzion Learning, and the Incluzion Remote Jobs.


Finnish startup Quuppa raises €20m to accelerate growth
Published: 25-08-2020 | 15:38:00 | By: Pie Kamau
Quuppa, a global provider of Real-Time Locating Systems (RTLS), announced its first ever round of funding, worth €20 million to accelerate growth.


Swedish startup Voi steps up its safety game with next generation scooter
Published: 25-08-2020 | 15:07:30 | By: Pie Kamau
Swedish startup Voi unveiled its safest ever scooter model - Voiager 4 - the world’s first sharing scooter with indicators, allowing riders to alert other road users.


Sporttrade, Twin River Worldwide Holdings partner to offer online sports betting in New Jersey
Published: 25-08-2020 | 14:41:00 | By: Pie Kamau
Sporttrade, Philadelphia based sports betting startup has entered into a multi-year partnership with Twin River Worldwide Holdings, for the launch of Sporttrade's proprietary sports betting exchange product in the state of New Jersey.


MURAL raises $118m Series B funding to scale visual collaboration across global enterprises
Published: 25-08-2020 | 14:19:00 | By: Pie Kamau
MURAL, the leading digital workspace for visual collaboration in the enterprise, has closed $118 million in Series B funding, led by Insight Partners and joined by Tiger Global, Slack Fund, World Innovation Lab, and existing investor Gradient Ventures.


Two new realme phone models set to revolutionize Kenya's smartphone market
Published: 25-08-2020 | 13:00:00 | By: Bob Koigi
Phone maker realme has launched two models in the Kenya market weeks after it officially launched operations in the country.


RNAimmune closes $2.35m seed funding for development of mRNA therapeutics and vaccines
Published: 24-08-2020 | 15:44:00 | By: Pie Kamau
RNAimmune announced the completion of its $2.35 million seed round financing from multiple venture capitalists including Terra Magnum Capital Partners.


Health startup BuddyCheque inks deal with Select Ortho to enhance employee, customer safety
Published: 24-08-2020 | 15:30:00 | By: Pie Kamau
Health startup BuddyCheque has joined forces with Select Ortho to ensure that their employees and customers remain safe during COVID-19.


SBT Alliance named Most Promising IoT Startup 2020
Published: 24-08-2020 | 15:12:00 | By: Pie Kamau
StartUp City Magazine recognizes Smarter Building Technologies (SBT) Alliance as Most Promising IoT Startup in 2020.


Gaming startup Lootcakes raises $2m to expand rewarded data sharing for VIP gamers
Published: 21-08-2020 | 11:58:00 | By: Pie Kamau
Lootcakes, world's first network devoted to spenders in free-to-play games, announced the closing of a $2 million seed round led by Konvoy Ventures, with other participants including SOSV and GAN Ventures.


3D printed home builder ICON lands $35m funding led by Moderne Ventures
Published: 21-08-2020 | 11:35:00 | By: Pie Kamau
Developer of advanced construction technologies including robotics, software, and building materials ICON announced it has completed a $35 million series A round of financing led by Moderne Ventures.


Connectus Global closes venture funding round from Texas based CSL Ventures
Published: 21-08-2020 | 11:10:00 | By: Pie Kamau
Canadian based Connectus Global (Connectus), closed its Seed Round of financing led by Houston, Texas based CSL Ventures, the venture capital arm of energy services private equity firm CSL Capital Management.


AI startup SupportLogic raises $12m to accelerate its intelligent support platform
Published: 21-08-2020 | 10:47:00 | By: Pie Kamau
SupportLogic, world's first intelligent support platform for customer support/success teams, announced it has raised $12 million of seed and series A funding, led by Sorenson Ventures.


Fintech startup Kira closes oversubscribed $2.2m private round led by blockchain investors
Published: 20-08-2020 | 16:32:00 | By: Pie Kamau
Kira, a decentralized finance technology company, successfully closed its Seed round backed by the private equity firm Ascensive Asset Management and Alphabit Fund.


Chili Piper raises $18m Series A funding to instantly connect remote sales team to customers
Published: 20-08-2020 | 16:05:00 | By: Pie Kamau
Chili Piper, the leader in Inbound Revenue Acceleration, announced it has raised $18 million in Series A funding led by Base10 Partners with participation from Gradient Ventures, Google's AI-focused venture fund, and Flashpoint Venture Capital.


Nigeria Climate Innovation Centre incubates 12 renewable energy startups
Published: 20-08-2020 | 15:51:09 | By: Bob Koigi
Twelve renewable energy start-ups have successfully completed a 16-week incubation program run by the NCIC and funded and supported by off-grid energy impact investment company All On.


Creative Chaos, RallyCry Ventures announce $2.5m forgivable loan program for pre product startups
Published: 20-08-2020 | 12:40:00 | By: Pie Kamau
With pre product startup founders struggling to raise capital due to the COVID pandemic, Creative Chaos along with RallyCry Ventures launched a MVP Financing Program to help founders build their ideas during these difficult times.


Dutch fintech startup Bux launches in Belgium
Published: 19-08-2020 | 15:40:21 | By: Bob Koigi
BUX has launched its zero-commission investing app, BUX Zero, in Belgium.


Social capital acquires peer to peer text messaging startup Hustle
Published: 19-08-2020 | 15:37:39 | By: Bob Koigi
Hustle, a peer-to-peer text messaging platform, has announced that Social Capital, the technology holding company founded by Chamath Palihapitiya that supports innovative companies in areas including healthcare, artificial intelligence, climate change and space, has acquired the company.


Valqari launches commercial drone delivery station
Published: 19-08-2020 | 15:29:10 | By: Bob Koigi
Valqari, the Chicago start-up that solved the last inch logistics problem with its patented universal drone delivery infrastructure, has launched its largest solution to date with the Drone Delivery Station.


Oregon based cannabis e-commerce startup Dutchie completes $35m Series B funding round
Published: 19-08-2020 | 15:13:00 | By: Pie Kamau
Dutchie, the world's largest and fastest-growing e-commerce solution for cannabis dispensaries announced the completion of its $35 million Series B funding round, bringing Dutchie's total funding to $53 million to date.


Traveltech startup Omio raises $100m to strengthen position as global travel platform
Published: 19-08-2020 | 14:40:00 | By: Pie Kamau
Omio, formerly GoEuro, Europe’s leading multi-modal travel booking platform, announced it has secured $100 million in investments from existing and new investors.


German traveltech startup Omio launches 'Open Travel Index' to navigate new travel era
Published: 19-08-2020 | 14:23:00 | By: Pie Kamau
Europe’s leading multi-modal travel booking platform Omio is reigniting travel by launching a new online resource to help travellers easily understand where they can travel to within Europe.


Seed stage investing and why it matters for Africa’s startup and innovation community
Published: 19-08-2020 | 08:46:00 | By: Pie Kamau
Startup entrepreneurs are working to harness Africa’s potential. Together they represent a critical pipeline of innovation that is driving high growth high impact solutions on the continent.


U.S. fintech startup Robinhood closes $200m in Series G funding
Published: 18-08-2020 | 14:49:00 | By: Pie Kamau
U.S. fintech startup Robinhood announced a $200 million Series G funding at an $11.2 billion valuation from D1 Capital Partners.


Estonian fintech startup EvoEstate secures €320K pre-seed round for global expansion
Published: 18-08-2020 | 14:26:00 | By: Pie Kamau
Estonian fintech startup EvoEstate announced a €140K pre-seed extension to close its €320K pre-seed round, backed by Lithuanian Startup Wise Guys, a Hong Kong-based stealth investment fund, and business angels from France and the Baltics.


Fintech startup Robinhood to expand customer experience team with new employees across the U.S.
Published: 18-08-2020 | 13:59:00 | By: Pie Kamau
Financial services startup Robinhood announced that this year, the company plans to hire hundreds of additional registered financial representatives in Southlake, Texas, and Tempe, Arizona.


CaixaBank launches open innovation program to support startups in Spain and Portugal
Published: 18-08-2020 | 12:49:00 | By: Pie Kamau
CaixaBank has launched a new open innovation program to support startups in Spain and Portugal called the DayOne Open Innovation Program.


Zipp Mobility gets green light for UK e-scooter trials
Published: 17-08-2020 | 15:37:50 | By: Pie Kamau
Zipp Mobility, the Irish micromobility startup, announced the UK Department for Transport (DfT) has approved the company’s e-scooter model for use in trials across the UK.


Dublin based startup Blafar secures ISO 13485:2016 certification
Published: 17-08-2020 | 15:20:18 | By: Pie Kamau
Blafar Ltd announced it has secured an internationally recognised quality management system standard certification specific to the medical device industry.


Irish agtech startup MagGrow raises €6m Series A round
Published: 17-08-2020 | 14:37:00 | By: Pie Kamau
Irish startup MagGrow, the agtech innovator that specialises in delivering crop protection products where they matter most while protecting the environment, has completed a €6m Series A round.


U.S. startup Mission Bio raises $70m to accelerate development of cancer therapies
Published: 14-08-2020 | 15:59:00 | By: Pie Kamau
California based startup Mission Bio, pioneer in high-throughput single-cell DNA and multi-omics analysis announced $70 million in its Series C financing led by Novo Growth, the growth equity arm of Novo Holdings.


Kenyan women and youth agritech startups invited to apply for $100k FoodTech Africa accelerator
Published: 14-08-2020 | 15:40:00 | By: Pie Kamau
Kenyan youth and women-led agribusinesses have been awarded an opportunity to access $100,000 as investment for their companies through the FoodTech Africa accelerator.


Ukrainian startup Liki24 raises $5m from Horizon Capital, existing investors to fuel European expansion
Published: 14-08-2020 | 14:46:00 | By: Pie Kamau
Liki24, Ukraine-based e-commerce platform for medicine delivery, raised a $5 million round from Horizon Capital and existing investors, bringing total funding raised to date to $6 million.


Impossible Foods raises $200 million financing to fund retail expansion
Published: 14-08-2020 | 13:10:00 | By: Bob Koigi
Impossible Foods Inc. has announced it has secured $200 million in its latest funding round, led by new investor Coatue.


Joblist launches using AI to tackle historic unemployment in US
Published: 14-08-2020 | 13:06:00 | By: Bob Koigi
Joblist, a job search platform that personalizes the process of finding and landing a job, has launched publicly to address the needs of the millions of Americans facing historic unemployment.


Online document US startup Coda raises $80m Series C round
Published: 13-08-2020 | 16:24:00 | By: Pie Kamau
US online document startup Coda raised $80 million Series C round led by Mamoon Hamid from Kleiner Perkins.


US startup Atomo Coffee raises $9m to bring molecular coffee to the market
Published: 13-08-2020 | 15:54:00 | By: Pie Kamau
Seattle based startup Atomo Coffee announced it has closed an additional $9 million in Seed funding to bring its molecular coffee to market.


Sidecar Health raises $20 million as it seeks to lower the cost of health care in US
Published: 13-08-2020 | 13:06:00 | By: Bob Koigi
US health insurtech company Sidecar Health has raised $20 million in its most recent funding round.


Teller secures $1 million financing to build credit risk protocol  
Published: 13-08-2020 | 13:02:00 | By: Bob Koigi
Teller, a blockchain project for decentralized lending incubated by A16Z’s crypto startup school, has announced a $1 million seed raise led by Framework Ventures.


[Startup Interview] Mangaldas Gupta, CEO, Magma Ash Tech, India
Published: 13-08-2020 | 12:13:00 | By: Bob Koigi
Magma Ash Tech is an Indian startup involved in the procurement, processing and export of Flyas, one of the residues produced during combustion of coal. Fly ash is used mainly as a bonding agent mainly in cement plants, ready mix concrete units, manufacture of blocks, bricks and boards.


Seattle based fintech startup Routable raises $12m for efficient business payments
Published: 12-08-2020 | 15:57:00 | By: Pie Kamau
Seattle based fintech startup Routable has raised $12 million in Series A funding from Founders Co-op, Lee Fixel, Y Combinator, Box Group, Liquid 2 Ventures, Jason Gardner, Gokul Rajaram, Aaron Schildkrout, Sam Hodges, Immad Akhund, and many others.


Finland VR/XR startup Varjo secures €46m Series C funding
Published: 12-08-2020 | 15:01:00 | By: Pie Kamau
Helsinki-based startup Varjo, a leader in industrial-grade VR/XR hardware and software, announced it has closed a €46 million round of Series C funding.


Kenyan retail-tech startup MarketForce 360 selected for Y Combinator Summer 2020 Batch
Published: 12-08-2020 | 14:17:00 | By: Pie Kamau
Kenyan retail-tech startup MarketForce has been selected for the Silicon Valley based Y Combinator Summer 2020 batch.


Cybersecurity startup Blumira raises $2.6 million to expand capacity
Published: 12-08-2020 | 13:10:00 | By: Bob Koigi
Blumira, an emerging cybersecurity startup based in US, recently raised $2.6 million in funding. This investment will allow the company to continue innovating on the latest threat detection and response technology.


Rocketship.vc closes second global VC fund with $100 million
Published: 12-08-2020 | 13:06:00 | By: Bob Koigi
Rocketship.vc, an early-stage venture capital firm that uses data science to democratize venture capital for the global startup community, has announced that it has raised $100 million for its second fund.


[Startup Interview] Tracy Mapfumo, CEO, Eny's Treats, Zimbabwe
Published: 11-08-2020 | 12:04:00 | By: Bob Koigi
Eny's Treats, a startup based in Zimbabwe, manufactures seed-based gluten free snacks that are topped up with natural and unrefined sweeteners for the upmarket urban health-conscious consumers. The startup’s CEO Tracy Mapfumo elaborates.


UK startup Omnipresent raises $2m seed funding to provide solution for remote work revolution
Published: 11-08-2020 | 10:39:00 | By: Pie Kamau
UK startup Omnipresent Group has raised $2m in a seed round led by Playfair Capital and Episode 1. The fundraise was closed within six weeks during the height of the pandemic.


[Startup Interview] Emmauel Nabuora, CEO, ParteUp, Kenya
Published: 11-08-2020 | 05:10:00 | By: Bob Koigi
Emmauel Nabuora is the CEO of Kenya-based ParteUp, an online application that gives users the opportunity to discover, create, find and share parties within their locality while allowing them to host and stream their parties to live attendees.


XLerateHealth selects seven healthcare startups for 2020 accelerator cohort
Published: 10-08-2020 | 13:05:00 | By: Bob Koigi
XLerateHealth (XLH), a nationally recognized healthcare accelerator headquartered in Louisville, has announced the selection of seven startup companies to participate in its 10th cohort.


Agentless authentication provider Silverfort secures $30 Million funding for expansion
Published: 10-08-2020 | 13:02:00 | By: Bob Koigi
Silverfort, provider of the industry’s first agentless, proxyless authentication platform has raised $30 million in a series B investment round.


Uber set to acquire UK taxi software startup Autocab
Published: 08-08-2020 | 14:27:24 | By: Bob Koigi
Uber has announced that it has entered into an agreement to acquire UK technology startup Autocab.


Dutch drone startup Skytools receives funding from TerraDrone Corporation to build drone hub
Published: 08-08-2020 | 14:22:41 | By: Bob Koigi
Terra Drone Corporation has announcing the completion of its investment in Skytools, a Dutch startup that provides advanced drone solutions to corporate and governmental clients.


Sweden e-scooter startup Voi Technology wins first large-scale exclusive trial deal in UK
Published: 08-08-2020 | 14:17:47 | By: Bob Koigi
Swedish-founded micro-mobility startup Voi Technology is getting ready to put its first fleet of e-scooters on UK streets.


[Startup Interview] Kaxton Kabogoza, Founder, Kenda Interlocking Bricks, Kenya
Published: 08-08-2020 | 09:43:09 | By: Bob Koigi
Kenda Interlocking Bricks is a Kenya start up in the manufacturing sector that is championing the use of eco-friendly and affordable construction materials as it seeks to bridge the housing deficit in Kenya and the East African region. Engineer Kaxton Kabogoza the founder explains.


U.S. startup WiBotic receives industry-first FCC approval for high power wireless charging
Published: 07-08-2020 | 14:56:00 | By: Pie Kamau
Seattle-based startup WiBotic received equipment authorization from the Federal Communications Commission (FCC) for its high power transmitters and receivers.


Cohesion accelerates move to smart buildings in global commercial real estate with $6.5 million funding
Published: 06-08-2020 | 19:34:39 | By: Bob Koigi
Cohesion, an early-stage smart building SaaS company, has raised $6.5 million in seed funding to further invest in its platform, which helps commercial real estate operators integrate their buildings’ systems


AI-powered freight dispatch startup SmartHop raises $4.5 Million to fund expansion
Published: 06-08-2020 | 19:32:17 | By: Bob Koigi
SmartHo​p,​ a Florida tech-enabled dispatch solution empowering small trucking companies to grow their businesses, has announced that it has closed a $4.5 Million Seed round


Tubulis secures €10.7 million to develop a new generation of antibody-drug
Published: 06-08-2020 | 19:28:39 | By: Bob Koigi
Germany-based startup Tubulis has closed a €10.7 million Series A financing round to accelerate the development of a new class of highly stable and efficient antibody-drug conjugates (ADCs) and to support the further growth of the company.


Polish healthtech startup Infermedica raises $10.25m in Series A funding for global expansion
Published: 06-08-2020 | 16:15:00 | By: Pie Kamau
Polish healthtech startup Infermedica has raised $10.25 million in Series A funding with participation from existing investors Karma Ventures, Inovo Venture Partners, and DreamIT Ventures, as well as two new co-lead investors, EBRD and heal capital.


German computer vision startup Segmentive closes €2m seed round to breakthrough whole-body mobile segmentation
Published: 06-08-2020 | 15:41:00 | By: Pie Kamau
Deep-tech computer vision startup Segmentive closed final funds in €2m seed round in a bid to deliver whole-body video segmentation, in real-time and on mobile.


Nigerian mobility startup Plentywaka raises $300,000 investment as it expands into Abuja
Published: 06-08-2020 | 15:19:00 | By: Pie Kamau
Nigerian mobility startup Plentywaka secured a pre-seed investment led by Emfato, Microtraction, and Niche Capital worth $300,000.


San Francisco edtech startup Springboard raises $31 million Series B funding
Published: 05-08-2020 | 15:42:00 | By: Pie Kamau
San Francisco edtech startup Springboard has raised $31 million in Series B funding led by Mark Sherman and Albert Bielinko from Telstra Ventures, Arrun Kapoor from SJF Ventures, and YB Choi from Vulcan Capital.


Seattle based startup Minnow raises $2.2 million to meet demand for contact free pickup solution
Published: 05-08-2020 | 14:34:00 | By: Pie Kamau
Minnow Technologies, a Seattle based IoT startup that has developed a contact free food delivery and pickup solution has raised $2.2 million in an oversubscribed seed round.


French startup DNA Script expands Series B funding to $89 million
Published: 05-08-2020 | 13:16:00 | By: Pie Kamau
French startup DNA Script announced a $50 million extension to its Series B financing, bringing the total investment of this round to $89 million led by Casdin Capital.


Austrian startup kompany accelerates growth with new funding, brings total raised to €14 million
Published: 05-08-2020 | 12:19:00 | By: Pie Kamau
kompany, an award winning RegTech platform for Business KYC (KYB) announced new investment of almost €6 million to accelerate growth and expand its new product lines.


realme smartphone brand adds presence in Kenya
Published: 04-08-2020 | 13:00:00 | By: Bob Koigi
Emerging smartphone brand realme, has launched in Kenya as part of its global growth and expansion strategy.


Lithuanian AdTech startup RedTrack raises $500 000 from Genesis Investments and Iron Wolf Capital
Published: 03-08-2020 | 16:18:00 | By: Pie Kamau
Lithuania based AdTech startup RedTrack has received $500 000 in Seed funding from Genesis Investments and Iron Wolf Capital to make ads spend more efficiently.


British startup Planet Smart City partners with UN-Habitat on slum upgrading initiatives in Kenya
Published: 03-08-2020 | 15:56:00 | By: Pie Kamau
British startup Planet Smart City has joined forces with the United Nations Human Settlements Programme, UN-Habitat to provide digital tools, community management and social innovation to help improve lives in informal settlements in Kenya.


U.S. startup Ossia partners with Toyoda Gosei to deliver wireless power over the air in vehicle cabins
Published: 03-08-2020 | 15:39:00 | By: Pie Kamau
Toyoda Gosei Co, a Toyota Group company, has concluded a joint development agreement with Ossia Inc, a U.S. startup that leads the world in the field of wireless power solutions.


VC4A announces 2020 ‘Venture Showcase - Seed’ for African early stage startups
Published: 03-08-2020 | 14:59:00 | By: Pie Kamau
VC4A, in collaboration with technical partner AWS Activate, and network partners AfriLabs and ABAN is calling for African startups looking to raise between $150K and $1M.


UK startup Quantexa raises $64.7m to drive hyper-growth in big data and analytics ecosystem
Published: 31-07-2020 | 12:26:00 | By: Pie Kamau
Quantexa, the contextual decision intelligence software company, announced that it has raised $64.7 million in Series C funding led by Evolution Equity Partners, with major participation from existing investors.


French startup AB Tasty raises $40m to lead in experience optimization, feature management markets
Published: 31-07-2020 | 12:08:00 | By: Pie Kamau
French startup AB Tasty announced a Series C round of funding to revolutionize how companies deliver the best brand and product experiences.


ComplyAdvantage raises $50 million to boost financial crime fight with machine learning
Published: 31-07-2020 | 11:34:00 | By: Bob Koigi
ComplyAdvantage, a global technology company transforming financial crime detection, has announced the close of a US$50 million Series C funding round, bringing the total investment to date to $88 million.


Joywell Foods secures $6.9 million to grow its sweet protein portfolio
Published: 31-07-2020 | 11:24:51 | By: Bob Koigi
Joywell Foods, a food technology company developing a sweet protein portfolio, has announced the closing of a $6.9 million Series A financing round.


Security startup Openpath receives $36 million to expand its safety platform for the built world
Published: 31-07-2020 | 11:19:30 | By: Bob Koigi
Openpath, a security startup specializing in modern mobile access control for the built world, has announced it’s closed a Series C funding round of $36 million.


Swiss cleantech stratup Insolight closes Series A financing with €4.6 million
Published: 30-07-2020 | 16:45:00 | By: Pie Kamau
Swiss cleantech stratup Insolight announced that a Series A Round of €4.6 million has successfully been closed led by Investiere, with co-investors Zürcher Kantonalbank, Swiss Immo Lab and a number of private business angels.


Italian startup TIM, United Ventures launch €150m capital fund to support investments in mature innovative enterprises
Published: 30-07-2020 | 16:22:00 | By: Pie Kamau
Italian startup TIM signed an agreement with United Ventures to launch UV T- Growth fund that will support investments in mature innovative enterprises and SMEs in order to develop technological projects in Italy and abroad.


African startups win big at the 2020 SUN Pitch competition
Published: 30-07-2020 | 15:45:00 | By: Bob Koigi
The founder of Baby Grubz Nigeria, Oluwaseun Sangoleye, led Africa in winning this year’s 2020 SUN Pitch Competition.


Seattle based startup Polyarc raises $9 million for augmented reality development
Published: 29-07-2020 | 13:08:00 | By: Pie Kamau
Seattle based startup Polyarc announced the close of its $9 million Series B fund raise led by Hiro Capital, followed by Vulcan Capital, an existing investor, and Galaxy Interactive via its Galaxy EOS VC Fund.


EHF Marketing GmbH, Monaco startup IQONIQ partner to drive fan engagement in European club handball competitions
Published: 29-07-2020 | 12:45:00 | By: Pie Kamau
EHF Marketing GmbH, the marketing subsidiary of the European Handball Federation, announced its partnership with IQONIQ, an innovative new fan engagement platform made for sports and entertainment.


Monaco headquartered startup IQONIQ secures €100m for global expansion
Published: 29-07-2020 | 12:21:00 | By: Pie Kamau
IQONIQ, a new fan engagement platform exclusively targeting the world of sports and entertainment, announced it has entered into a €100 million capital funding agreement with the Luxembourg based investment corporation Lux Media Investments.


Swiss startup Advertima raises €15m Series A funding to make smart retail spaces a reality
Published: 29-07-2020 | 11:53:00 | By: Pie Kamau
Advertima, an emerging computer vision platform provider, announced the close of a €15 million Series A investment round led by existing shareholder Swiss real estate company, Fortimo Group.


Kenyan agritech startup Lentera, MCFI ink deal to provide satellite based crop analysis for Mauritian farmers
Published: 29-07-2020 | 11:15:00 | By: Pie Kamau
The Mauritius Chemical and Fertilizer Industry (MCFI), and Lentera Africa have signed a partnership that will see Lentera provide satellite-based crop health analysis and crop modelling services for Mauritian customers of MCFI.


VC4A announces 2020 Venture Showcase Seed targeting African early stage startups
Published: 29-07-2020 | 09:37:09 | By: Bob Koigi
VC4A has launched a call for African startups looking to raise between $150K and $1 million.


Africa and Asia startups set to showcase innovations in nutrition pitch competition
Published: 28-07-2020 | 16:00:00 | By: Bob Koigi
Twelve African entrepreneurs are among 21 finalists in this year’s SUN Pitch Competition where entrepreneurs will pitch their innovative business ideas to address malnutrition.


SAP.iO Fund invests in San Francisco based reference checking startup Crosschq
Published: 28-07-2020 | 14:08:25 | By: Pie Kamau
SAP SE investment arm, SAP.iO Fund, has backed Crosschq, a San Francisco based company that provides a platform for creating and sharing candidate references.


Evonik invests in Chinese tech startup to support intelligent, healthier pig farming
Published: 28-07-2020 | 13:47:00 | By: Pie Kamau
Evonik’s venture capital arm has invested in SmartAHC, a Chinese technology startup that enables more intelligent and healthier pig farming.


African AI startup Superfluid Labs receives investment from ShEquity
Published: 28-07-2020 | 13:17:00 | By: Pie Kamau
GreenTec Capital announces that Superfluid Labs was selected as the first investment for the newly launched ShEquity investment vehicle which focuses on providing smart and sustainable investments for African female entrepreneurs.


Xavier Chapel joins GreenTec as Head of Venture Building
Published: 28-07-2020 | 12:54:00 | By: Pie Kamau
GreenTec Capital announces that Xavier Chapel has joined the team in the role of Head of Venture Building, to leverage his extensive international and entrepreneurial experience in selecting startups that best fit GreenTec investment criteria.


PicsArt acquires motion based video effects startup D’efekt
Published: 27-07-2020 | 15:00:00 | By: Bob Koigi
Global visual creative platform PicsArt, has acquired advanced video effects company D'efekt for an undisclosed sum.


Amdocs set to acquire Openet to accelerate adoption of 5G among customers
Published: 27-07-2020 | 14:26:00 | By: Bob Koigi
Amdocs a provider of software and services to communications and media companies has entered into a definitive agreement to acquire Openet, a global provider of 5G charging, policy and cloud technologies.


Dutch startup PlantLab raises €20 million to grow its vertical farming technology
Published: 25-07-2020 | 14:48:00 | By: Bob Koigi
Dutch scale-up PlantLab has raised a first external investment of € 20 million from De Hoge Dennen Capital.


Synaptics to acquire DisplayLink extending video interface market leadership
Published: 25-07-2020 | 14:41:00 | By: Bob Koigi
Synaptics Incorporated has announced the signing of a definitive agreement to acquire DisplayLink Corp., a startup in high-performance video compression technology, for $305 million.


French startup iObeya raises $17m to revolutionize visual management, expand its U.S. footprint
Published: 24-07-2020 | 16:06:00 | By: Pie Kamau
iObeya, a leading provider of Enterprise Visual Management software, announced it has raised $17 million in a second round of funding from Red River West with participation from Atlantic Bridge Capital and Fortino Capital Partners.


London based health tech startup Closed Loop Medicine secures £250,000 Innovate UK continuity funding
Published: 24-07-2020 | 15:46:00 | By: Pie Kamau
Closed Loop Medicine (CLM), London based therapeutics and health tech company has secured a £250,000 COVID-19 Innovate UK Continuity Funding award to support its ongoing clinical research programme.


Go Ignite partners seek 5G use cases in global call for startups
Published: 24-07-2020 | 12:39:00 | By: Pie Kamau
Following the success of its previous global calls for startups, Go Ignite, an alliance of four leading global telcos, has launched Go Ignite: 5G Open Call for Startups to engage startups or venture capital-backed companies.


OneRail announces acceptance into Microsoft for Startups Programme
Published: 23-07-2020 | 17:31:24 | By: Bob Koigi
OneRail, an Orlando-based final mile delivery orchestration and fulfillment platform, hass announced its acceptance into the Microsoft for Startups immersive programme.


CincyTech invests in youth employment startup Peerro
Published: 23-07-2020 | 17:26:08 | By: Bob Koigi
USA seed investor CincyTech has announced an initial investment in Peerro, a career pathway management system enabling young people without college degrees to develop skills and land jobs that lead to advancement and financial independence.


Spanish medtech startup QUIBIM closes €8 million investment round
Published: 22-07-2020 | 14:43:00 | By: Pie Kamau
Spanish Medtech startup QUIBIM has closed €8 million new financing in a seed funding round co-led by Amadeus Capital Partners and Adara Ventures.


Moroccan learning startup KoolSkools raises $417,000 for local, international expansion
Published: 22-07-2020 | 13:59:00 | By: Pie Kamau
Moroccan learning platform KoolSkools has raised $417,000 from Maroc Numeric Fund II an unnamed business angel.The investment will be used to finance the development of KoolSkools both in Morocco and internationally.


Moroccan fintech startup OnePay announces $417,000 investment from Maroc Numeric Fund II
Published: 22-07-2020 | 13:13:00 | By: Pie Kamau
OnePay, a Moroccan fintech startup that operates as a distributor of means of payment and aggregator of payment and value-added services in electronic transactions announced a $417,000 investment from Maroc Numeric Fund II.


MedTech Innovator selects 20 startups for annual Asia Pacific Accelerator programme
Published: 22-07-2020 | 10:50:00 | By: Bob Koigi
MedTech Innovator in partnership with Asia Pacific Medical Technology Association (APACMed) have announced the 20 companies selected to participate in the organization’s Asia Pacific Accelerator program.


Quantum technology startup Q-CTRL enters global partnership with Advanced Navigation
Published: 22-07-2020 | 10:40:33 | By: Bob Koigi
Q-CTRL, a startup that applies the principles of control engineering to accelerate the development of quantum technology, has partnered with Advanced Navigation, a leader in AI-based navigational hardware.


AI startup Deep Longevity launches with Series A financing
Published: 22-07-2020 | 10:31:00 | By: Bob Koigi
Deep Longevity, a biotechnology company transforming longevity R&D through AI-discovered biomarkers of aging, has come out of stealth from Insilico Medicine with financing from prominent investors worldwide.


Healthy Maisha startup tackles nutrition gap in Tanzania
Published: 22-07-2020 | 10:00:00 | By: Bob Koigi
Neema Lugangira’s enterprise Healthy Maisha, meaning Healthy Life, operates in Tanzania’s commercial city of Dar es Salaam and seeks to bridge the nutrition gap, and iron deficiency in particular.


[Startup Interview] Vimbai Malandu, Co-Founder, YuPlan Limited, Zimbabwe
Published: 21-07-2020 | 18:20:00 | By: Bob Koigi
YuPlan Limited is a Zimbabwe digital startup that allows customers to book a venue from anywhere in the world. The platform holds a selection of venues from office spaces, residential plots, gardens, school halls and sports fields among others.


Cornish startup Codices raises $800,000 seed round
Published: 21-07-2020 | 16:25:00 | By: Pie Kamau
Codices Interactive, a Cornish startup from the Falmouth Launchpad Incubator has closed its $800,000 seed round of funding led by the Cornwall and Isles of Scilly Investment Fund (CIOSIF) and Haatch Ventures.


Futuregrowth invests in South African online services disruptor startup SweepSouth
Published: 21-07-2020 | 15:51:00 | By: Pie Kamau
Futuregrowth has invested in SweepSouth, a disruptive online platform for booking, managing and paying for home cleaning, and now a variety of other services.


Kenyan startup PayGo Energy announces strategic investment from Saisan
Published: 21-07-2020 | 15:25:00 | By: Pie Kamau
PayGo Energy, an Energy Access Ventures portfolio company, has secured a strategic investment from Saisan, a leading Japanese energy company.


Dutch fintech startup BUX launches zero-commission investing app to French users
Published: 20-07-2020 | 16:48:00 | By: Pie Kamau
Dutch fintech startup BUX has launched its zero-commission investing app to French users, making it the first neobroker of its kind in the market.


Belfast health tech firm Neurovalens picked for UK startup scheme
Published: 20-07-2020 | 16:36:00 | By: Pie Kamau
Neurovalens, the Belfast tech company behind a headset developed to treat neurological health issues has been chosen for a major UK-wide programme.


Dutch startup Cevinio raises €4.5m to accelerate international growth
Published: 20-07-2020 | 16:18:00 | By: Pie Kamau
Cevinio, a fast-growing Accounts Payable software company from Rotterdam has raised €4.5 million from Endeit Capital and CNBB Venture Partners.


Dutch online startup, scale-up community funds international research into COVID-19
Published: 20-07-2020 | 15:56:00 | By: Pie Kamau
Eighteen entrepreneurs from the Dutch online startup and scale-up community are joining forces to finance an international study by Erasmus MC into the clinical picture of COVID-19.


South African animation and gaming startup Sea Monster secures $1m funding
Published: 17-07-2020 | 15:22:00 | By: Pie Kamau
Animation, gaming and AR/VR company Sea Monster announced the conclusion of a $1m investment from FirstRand’s Vumela Fund.


Exelon names first round startups of the $20 million climate change investment initiative
Published: 16-07-2020 | 15:06:10 | By: Bob Koigi
The Exelon Foundation and Exelon Corporation have selected 10 startups to receive a combined $1 million in direct funding to develop new technologies to mitigate the impacts of climate change.


US startup Crowd Cow expands product offerings amid pandemic
Published: 16-07-2020 | 15:03:53 | By: Bob Koigi
Crowd Cow, a US marketplace for high quality craft beef, meat and seafood has expanded product offerings that would normally only be available at high end restaurants.


Pan-European micro-mobility startup Voi achieves profitability in June, secures $30m funding
Published: 16-07-2020 | 13:17:00 | By: Pie Kamau
Voi Technology, the pan-European micro-mobility leader announced it has reached its first-ever monthly profit at group level for the month of June, less than two years since it launched the e-scooter service which now operates across 40 cities.


French startup Ponicode raises €3m to develop Artificial Intelligence for improved code quality
Published: 16-07-2020 | 12:58:00 | By: Pie Kamau
Ponicode, a French start-up specialising in Artificial Intelligence and data sciences has announced a €3 million fundraising led by founder-friendly European VC, Breega, alongside Kima and Plug & Play Ventures.


London based startup TOffeeAM raises £1m in Seed funding to expand its innovative team
Published: 16-07-2020 | 12:36:00 | By: Pie Kamau
TOffeeAM, an Imperial College spin-out that optimizes product designs for Additive Manufacturing (AM), also known as 3D printing, has raised £1 million in seed funding.


[Startup Interview] Sanyogita Patil, CEO, Ahlan Emirate, United Arab Emirates
Published: 16-07-2020 | 09:46:25 | By: Bob Koigi
As small businesses struggle with visibility and constrained marketing budgets, Ahlan Emirate, a startup based in United Arab Emirates has introduced a unique marketing offering that includes free SEO, increased web presence and connecting these businesses to prospective customers through its digital directory.


Booking.com partners with Here Mobility to boost pre-booked airport taxi services in US and Europe
Published: 15-07-2020 | 16:47:01 | By: Bob Koigi
Booking.com and HERE have announced a partnership, that will give travelers using the Booking.com app and platform access to an additional 1.3 million vehicles in 70 cities across the US and Europe.


Finish startup Basemark  receives €7 million funding to accelerate vehicle automation
Published: 15-07-2020 | 16:42:51 | By: Bob Koigi
Basemark, Finland software company specializing in graphics and autonomous driving vehicle software, has successfully concluded a €7 million equity funding round by ETF Partners.


CDC backs Helios Investment with $100m commitment
Published: 15-07-2020 | 14:40:00 | By: Pie Kamau
CDC Group, UK’s development finance institution and leading impact investor, has committed $100 million to Helios Investors IV, the fourth private equity fund raised by Helios Investment Partners, a leading Africa-focused private equity firm.


IFC helps boost clean tech startups in Egypt, enables farmers switch to solar
Published: 15-07-2020 | 12:41:00 | By: Pie Kamau
IFC is joining forces with the National Bank of Egypt and MSMEDA to strengthen the clean technology entrepreneurship sector and boost Egyptian farmers’ access to finance for solar irrigation.


[Startup Interview] Anton Herbst, CEO, Vincula Holdings, South Africa
Published: 14-07-2020 | 17:00:00 | By: Bob Koigi
Vincula Holdings, domiciled in Johannesburg South Africa, is a startup connecting employers, project sponsors, contractors, subcontractors and suppliers through a platform that also seeks to provide participants with worldwide and focused exposure to grow their market share.


Nomad Homes secures $4 million financing to build digital real estate platform for Europe and the Middle East    
Published: 14-07-2020 | 16:55:00 | By: Bob Koigi
Nomad Homes , based in Dubai, has closed a $4 million funding round that was led by Comcast Ventures and participated in by Abstract Ventures, Partech, Precursur Ventures, WndrCo and Class 5 Global.


Dutch startup Open Social raises €1.25m for service expansion
Published: 14-07-2020 | 13:23:00 | By: Pie Kamau
Amsterdam-based B2B SaaS platform for building online communities Open Social has raised €1.25 million investment from Peak Capital and Nimbus Ventures.


AWIEF launches Enterprise Development for Women-Owned Ventures in Green Energy Startup Incubator
Published: 14-07-2020 | 08:36:00 | By: Pie Kamau
The Africa Women Innovation and Entrepreneurship Forum (AWIEF) has launched “Enterprise Development for Women-Owned Ventures in Green Energy” and announces the call for applications for Startup Incubator in Malawi and Nigeria.


UK property startups Goodlord and Vouch come together to create new market leader
Published: 13-07-2020 | 14:53:09 | By: Pie Kamau
Property technology company Goodlord will be joining forces with referencing platform Vouch, bringing the fast-growing Vouch business into the Goodlord group.


British Business Investments announces €120m commitment to LGT Capital Partners funds
Published: 13-07-2020 | 14:32:00 | By: Pie Kamau
British Business Investments, a commercial subsidiary of the British Business Bank, announced the third commitment through its £500m Managed Funds Programme.


Eir Ventures announces first close of €76m fund to leverage untapped potential of health care innovation
Published: 13-07-2020 | 14:05:00 | By: Pie Kamau
Eir Ventures, a Nordic Life Science Venture Fund, announced a first close of its new fund of €76 million to leverage untapped potential of health care innovation.


Wazoku acquires US open innovation leader InnoCentive, raises additional £1.25m to support global growth
Published: 10-07-2020 | 15:46:00 | By: Pie Kamau
Wazoku, idea management software and services firm has announced a new funding round of £1.25M, led by Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) specialist.


Pisano secures $2.5 million investment to accelerate expansion
Published: 10-07-2020 | 14:57:28 | By: Bob Koigi
Pisano, a European tech company that enables businesses to listen to the voice of their customers and employees has closed its $2.5 Million investment round.


The Digital Africa seed fund off to a promising start, offers customized support for African startups
Published: 10-07-2020 | 12:46:00 | By: Pie Kamau
The Digital Africa seed fund for innovative entrepreneurship in Africa is off to a promising start. Just six months on from its launch, already, one third of the €15 million for technical and financial assistance has already begun to flow.


Mali renewable energy startup SolarX closes Series A round led by Energy Access Ventures
Published: 10-07-2020 | 11:09:00 | By: Pie Kamau
Mali-based solar company SolarX announced the close of its Series A round led by Energy Access Ventures, an early-stage fund investing in and supporting decentralized energy companies across sub-Saharan Africa.


Microsoft and Accenture partner on startup challenge to accelerate innovation in ecosystem
Published: 09-07-2020 | 15:36:27 | By: Bob Koigi
Microsoft’s 100X100X100 program is collaborating with Accenture to host the third edition of the Accenture Ventures Challenge for startups in India.


Catalyst Fund announces seventh cohort of inclusive fintech startups
Published: 09-07-2020 | 15:35:37 | By: Bob Koigi
Catalyst Fund, the global inclusive fintech accelerator, has announced that six new fintech startups, from Nigeria, South Africa, Mexico and India are joining its existing portfolio of 31 companies.


U.S. electric-vehicle startup Fisker completes $50m private financing to launch its Ocean all-electric luxury SUV in 2022
Published: 09-07-2020 | 15:04:00 | By: Pie Kamau
Fisker, designer and manufacturer of the world’s most emotionstirring, eco-friendly electric vehicles and advanced mobility solutions announced the successful completion of a $50 million Series C financing round.


Enygma Ventures invests $1m in Zambian fintech startup Lupiya
Published: 09-07-2020 | 14:17:00 | By: Pie Kamau
Enygma Ventures has made a $1 million investment in Zambian based micro finance startup, Lupiya. This investment, will enable Lupiya to continue to scale and roll out its services.


Dutch tech company Tunga unveils free e-learning platform for African software developers
Published: 09-07-2020 | 09:03:57 | By: Bob Koigi
The Tunga Academy offers free online courses for African tech talent and is part of the company’s investment program for educational resources.


UK startup NumberEight raises $2.3m seed round from Nauta Capital to predict consumer behaviour
Published: 08-07-2020 | 15:21:00 | By: Pie Kamau
NumberEight, a contextual intelligence platform for mobile devices that predicts consumer context to deliver the right content at the right time, has closed a $2.3 million seed round led by Nauta Capital.


German startup NavVis receives €20m funding from the European Investment Bank
Published: 08-07-2020 | 15:01:00 | By: Pie Kamau
The European Investment Bank (EIB) and NavVis signed a contract financing of €20 million to NavVis, a global market leader in digital twin technology.


[Startup Interview] Ian Sendagala, CEO, eFoods Trade, Uganda
Published: 08-07-2020 | 14:23:00 | By: Bob Koigi
eFoods Trade is an African online B2B marketplace connecting African foods to the global markets. The platform targets food importers, exporters, distributors, and manufacturers. Ian Sendagala the CEO explains.


[Startup Interview] Sam Bediako-Asante, Founder, Sambed Consult, Ghana
Published: 08-07-2020 | 14:20:00 | By: Bob Koigi
Sambed Consult in Ghana offers management consultancy services targeting MSMES with a view to helping them improve their management and organizational performance. Sam Bediako-Asante, the startup’s founder elaborates.


Nigeria's FCMB, Passion Incubator partner to launch FCMB Agritech Epic Pitch 2020
Published: 07-07-2020 | 16:27:00 | By: Pie Kamau
Nigeria's First City Monument Bank (FCMB) has partnered with Passion Incubator, a Lagos-based early-stage incubator and accelerator that has invested in some Agritech startups, to launch the virtual edition of the FCMB Agritech Epic Pitch 2020.


GreenTec Capital invests in Nigerian wholesale e-commerce startup Pricepally
Published: 07-07-2020 | 15:34:25 | By: Pie Kamau
GreenTec Capital Partners announced its investment in Pricepally, an innovative digital Nigerian wholesale platform allowing users to purchase food and other products either individually or as a part of a group.


French startup Koala closes €1.6m seed round led by Insurtech Gateway
Published: 07-07-2020 | 15:13:00 | By: Pie Kamau
Paris based insurtech Koala announced an investment of €1.6 million led by London based incubator and fund Insurtech Gateway alongside Playfair Capital, Techstars Ventures and private investors.


ETF leads €7 million investment in Finnish startup Basemark
Published: 07-07-2020 | 14:30:00 | By: Pie Kamau
Basemark, a leading software company specialising in graphics and autonomous driving vehicle software, has successfully concluded a €7 million equity funding round by ETF Partners.


Uber acquires food delivery startup Postmates for $2.65 billion
Published: 07-07-2020 | 14:15:32 | By: Bob Koigi
Uber has announced that it will acquire US on-demand food delivery startup Postmates for approximately $2.65 billion in an all-stock transaction.


UK legaltech startup Clara secures rights to incorporate companies in the Cayman Islands and Abu Dhabi
Published: 07-07-2020 | 14:09:00 | By: Bob Koigi
Clara, the London-based legaltech company, has announced that it has secured the rights to incorporate companies in two of the world's most popular jurisdictions for raising venture capital


[Startup Interview] Rajat Dayal, CEO, Yabx, India
Published: 07-07-2020 | 11:57:00 | By: Bob Koigi
Yabx targets the unbanked population in the emerging markets of Africa, Asia, and Latin America by leveraging the digital footprints of an individual and providing tailor-made financial services. The startup’s founder and CEO Rajat Dayal explains.


British biotech startup Freeline closes $120m Series C financing round
Published: 06-07-2020 | 15:44:00 | By: Pie Kamau
Freeline, a biotechnology company focused on developing curative gene therapies for chronic systemic diseases announced the closing of a $120 million extended Series C financing.


Ingressive Capital grows African tech fund to $10 million
Published: 04-07-2020 | 13:54:00 | By: Pie Kamau
Ingressive Capital has doubled its investment vehicle to back high-growth, tech-enabled startups across Africa, and now operates a $10 million fund.


New York fintech startup CMG raises $25m to digitally connect equity capital markets participants
Published: 04-07-2020 | 13:27:00 | By: Pie Kamau
Capital Markets Gateway (CMG), a New York based financial technology firm modernizing the equity capital markets (ECM) announced it received a strategic investment of $25 million from several financial firms.


U.S. based startup Andela to double engineering talent pool with Pan-African expansion
Published: 04-07-2020 | 12:45:00 | By: Pie Kamau
Andela, the global talent network that helps companies build remote engineering teams, will now accept engineers from all African countries, expanding its presence from six countries to the entire continent.


Privacy software company OneTrust acquires Seattle based startup Integris
Published: 03-07-2020 | 16:18:00 | By: Pie Kamau
Atlanta-based privacy, security, data governance, and compliance technology company OneTrust announced its Integris Software acquisition.


French startup Unlatch raises $5.8m funding round by AXA Venture Partners
Published: 03-07-2020 | 11:55:00 | By: Pie Kamau
Unlatch, a French pioneer in digital real estate sales, announced a $5.8 million financing round, including $4.5 million in equity from AXA Venture Partners and $1.3 million in debt.


Belgium startup e-peas raises further €8 million in VC for long term growth
Published: 03-07-2020 | 11:07:00 | By: Pie Kamau
Award-winning Belgium start-up e-peas has raised an additional €8 million worth of investment led by Partech and Airbus Ventures, with KBC Focus Fund, W.IN.G, Noshaq Ventures, LeanSquare, Nivelinvest and Vives also contributing.


Symmetrical.ai closes €5.6 million seed funding to offer ethical finance to Europe employees
Published: 03-07-2020 | 11:05:43 | By: Bob Koigi
Symmetrical, a company that partners with employers to give their employees financial freedom and peace of mind has closed a €5.6 million.


Fintech startup Revenued acquires Sky Bridge Business Funding to boost business financing solutions
Published: 03-07-2020 | 11:04:07 | By: Bob Koigi
Revenued, a US-based financial technology startup founded in 2018, has announced the acquisition of Sky Bridge Business Funding.


Kennet raises $250 million fifth fund for investment in bootstrapped software startups
Published: 03-07-2020 | 11:00:07 | By: Bob Koigi
Kennet Partners Limited, a European technology growth equity investor focused on bootstrapped and capital efficient companies and startups, has raised $250 million for its fifth fund, Kennet V.


Estonian startup Veriff closes $15.5 million financing round for global expansion
Published: 03-07-2020 | 10:20:00 | By: Pie Kamau
Estonian identity verification startup Veriff closed a financing round of $15.5 million to ramp up global growth and sales to enterprise customers prior to a larger B-series financing round planned in the future.


MFS Africa acquires East Africa fintech startup Beyonic
Published: 03-07-2020 | 09:48:00 | By: Pie Kamau
East Africa fintech startup Beyonic announced that the company has been acquired by MFS Africa. MFS Africa operates Africa’s largest digital payments hub, connecting more than 200 million mobile wallets on the continent.


Microsoft Venture Fund, USVP invest in Israel cyber security startup Hunters
Published: 02-07-2020 | 16:19:00 | By: Bob Koigi
Israel-based tech startup Hunters has raised $15 million in Series A funding to scale its autonomous threat hunting solution to defend enterprises from intruders and missed attacks across cloud.


Dutch startup WordProof wins €1 million for using blockchains for social good
Published: 02-07-2020 | 14:30:47 | By: Bob Koigi
Dutch startup WordProof has won one million Euros in the pan-European competition ‘Blockchains for social good’ by the European Commission.


The Mom Project raises $25 million financing to support working mothers
Published: 02-07-2020 | 14:24:36 | By: Bob Koigi
US based The Mom Project has raised $25 million Series B funding in a round led by 7GC with Jack Leeney joining the Board of Directors.