Stripe has entered into an agreement to acquire Paystack, a fintech startup based in Lagos, to make it easy for organizations of all sizes to collect payments from around the world, and help increase Africa’s online GDP.
Egyptian last-mile delivery startup dreevo launches operations with pre-seed funding from EF Logistics
Egyptian last-mile delivery focused startup dreevo raised a six figure US dollar in a bootstrap, pre-seed funding round from EF Logistics, a third party logistic services provider, to introduce agile and affordable technological solutions.
Austin-based hardware startup Xebec announced it has reached a milestone of $2.2 million in sales in its first five months, selling out of 5,500 units of the flagship product, the Xebec Tri-Screen.
IRI, a global company in innovative solutions and services for consumer, CPG, retail and media companies, has acquired Retail Solutions, Inc. (RSi), a provider of supply chain solutions for CPG manufacturers and retailers.
Openbravo, the global cloud-based omnichannel platform vendor for agile and innovative commerce, has announced that it has been awarded a contract by Caroll International, the French fashion retailer.
Point Pickup Technologies, the company that has successfully reinvented the final-mile delivery model for many of the US's top e-Commerce enterprises, has raised $30 million from BBH Capital Partners.
Chargebee, the subscription billing and revenue operations platform powering thousands of fast-growth subscription businesses announced a $55 million Series F funding round led by Insight Partners.
Startup eyewear manufacturer Vontélle, LLC is launching a unique brand into the luxury eyewear space, offering awe-striking, ethnic patterns reflecting African, Caribbean, and Latin cultures.
French-based baby-food company Yooji has secured €7.5 million funding to make highly nutritional and sustainable baby food easily accessible to parents.
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.
Trym, a pioneering cannabis cultivation software company announced the completion of its $3.1 million seed funding round of financing to accelerate growth.
Robotics solution startup Exotec raises $90m for international expansion of its warehouse automation technology
Exotec, a robotics solution for logistics and creator of the Skypod 3D warehouse robots, announced a $90 million financing round.
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
MarqVision, an AI-based SaaS company, launched its brand protection platform that helps brands effortlessly detect and remove counterfeits on online marketplaces.
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.
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.
Nigerian e-commerce startup Kwik Delivery releases WooCommerce plugin, enabling 2-hour deliveries for online merchants
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.
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.
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.
Silicon Valley headquartered global innovation platform Plug and Play has announced the selection of 102 new startups into its fall 2020 batches.
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.
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.
Ukrainian startup Liki24 raises $5m from Horizon Capital, existing investors to fuel European expansion
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.
Kenyan retail-tech startup MarketForce has been selected for the Silicon Valley based Y Combinator Summer 2020 batch.
French startup AB Tasty announced a Series C round of funding to revolutionize how companies deliver the best brand and product experiences.
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.
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.
Swedish startup Mycorena has raised over €1.2 million to fund the scale-up expansion of the product to reach the mass market, by financing the sustainable growth of the company initiating their first small-scale industrial production plant in Falkenberg.
Mesozi Group announces the close of USD 350,000 seed investment from a group of strong Kenyan angel investors through ViKtoria Business Angels Network(VBAN), alongside Growing Africa Capital and global VCs.
Milan-based virtual reality startup inversion has successfully closed its third oversubscribed fund raising for a total amount of €3 million euros.
iSeven Consultants is a Zimbabwe based startup offering retail management consulting services. It has carved a niche in solving clients’ challenges in operations, procurement and inventory management, human resources and public relations. Tawanda Chitewe explains.
We are living in unprecedented times. The widespread outbreak of coronavirus has created uncertainty across industries, fashion retail being particularly vulnerable with the closure of bricks and mortar stores.
Penny Whitelaw tells all about her startup Scircula. As one of the five winning startups, Scircula will speak on the main stage of Cross Media Congress 2020.
Buyology Co. LLC, is a Kenyan based startup that is assisting companies enhance customer experience through mystery shopping concept and training. It has over 3,500 mystery shoppers who visit clients’ businesses to audit service delivery and report back on their findings.