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Travel experience marketplace GetYourGuide secures $194m to accelerate global expansion
GetYourGuide announced the closing of $194 million in equity and credit financing.
Swiss lender Teylor secures €275m to support SMEs through its credit platform
Swiss fintech Teylor has secured €275m funding from Barclays and other investors.
Lawyer.com launches Million Dollar AI Challenge to expand legal access
Lawyer.com is ramping up a worldwide search to discover the next groundbreaking innovation in Legal AI.
[Column] Somesh Adukia: Paper versus digital; the future of work
Digitization is revolutionizing the way businesses operate across the globe.
Plug and Play, Suncor partner to accelerate sustainable energy, digital transformation
Plug and Play has announced a new relationship with Suncor.
Figure announces $70m Series A to support commercialization of Figure 01 humanoid robot
Figure, an AI Robotics company, announced its $70 million Series A funding round
46VC invests in Exum Instruments' Series A funding round
FortySix Venture Capital (46VC), announced its strategic investment in Exum Instruments' Series A funding round.
How payment technology is changing the rulebook on South African retail
The past few years have seen the proliferation of new methods of transacting.
Plenitude, Energica partner to provide innovative solutions for electric mobility
Plenitude (Eni) and Energica have partnered to develop new cutting-edge projects.
Dental marketplace Wellplaece launches with $5.5m seed round
Dental marketplace Wellplaece announced the company's Private Beta launch.
Satgana invests in pre-seed round of French electric bike startup Loewi
Satgana has invested in the pre-seed round of Paris-based electric bike startup Loewi.
Adonis raises $17.3m to transform revenue outcomes for healthcare providers across the U.S.
Adonis announced it has raised $17.3 million in Series A financing.
[Column] Mukesh Bector: A simple place to start if you’re lagging on digital transformation
Digital transformation: we’ve all heard the phrase a thousand times.
Nigeria's regtech startup Youverify launches its full cycle compliance solutions in Kenya
Youverify has officially entered the Kenyan market.
6 smart ways finance leaders are cutting business costs in 2023, Sastrify
It has long been a common practice for companies to make reactive cost cuts.
Genetica raises $500k seed round to make cannabis shopping smarter with AI
Genetica, an AI cannabis retail platform, announced the close of its seed round.
[Column] Joanne Mwangi – Yelbert: Entice more women in tech to bridge skills gap and bolster growth
Incredible improvements in tech are rapidly reshaping our world.
Startups flock to too-big-fo-fail banks, Kruze Consulting
Based on data from 160+ venture fund startups and more than $2 billion in cash, startups have been flocking to the major banks
Parking solution startup Bootstrapped launches proprietary app to empower property owners
Innovative parking solution startup Xtraspots has been quietly gathering momentum.
Wicked Kitchen acquires Current Foods to lead the way in plant-based industry transformation
Wicked Kitchen announced the acquisition of Current Foods.
Travel insurtech startup Faye lands $10m Series A funding
Travel insurance startup Faye, announced it has raised $10 million in Series A funding.
boombox.io raises $7m to build out creator platform for music makers
boombox.io.io, a collaboration platform for music makers, announced it has closed $7 million of seed capital.
Austrian SaaS startup Shopstory scores million-dollar investment to accelerate growth
Austrian SaaS startup Shopstory has scored another million-dollar investment.
Volition raises $11m to scale the world's largest industrial parts marketplace
Volition has announced an $11 million seed round led by Newark Venture Partners.
[Column] Darryl Pietersen: Africa’s digital dividend: The role of technology in remittances
The growth of Africa’s digital economy has resulted in many positive changes.
Leveraging proptech for urban design that promotes sustainable transport, Plug and Play
Proptech is becoming a part of a transformational movement in transportation.
CoinsPaid sees potential in Estonian market, ready to drive innovation in startup ecosystem
CoinsPaid continues to develop and places emphasis on the potential of Estonia.
FlowX.AI raises $35m to transform application modernization at large banks
FlowX.AI announced it has raised a $35 million Series A funding round.
Israeli fintech startup Firmbase emerges from stealth with $12m funding
Firmbase, an Israeli finance tech startup has emerged from stealth with $12m funding.
Danish AI startup BeCause advances tourism sustainability practices from angel investors
BeCause has announced an early investment from Danish entrepreneurs.
Planera raises $5.4m seed funding to transform the construction industry
Planera has raised $5.4m seed funding to transform the construction industry.
Absa acquires minority stake in South African agritech startup Khula!
Absa Bank has acquired a minority stake in South African agritech startup, Khula!
UK biotech startup Resurrect Bio completes seed investment round to develop disease resistant crops
Resurrect Bio, a biotechnology startup which is on a mission to revolutionize the agricultural industry by giving crops the genetic tools to defend themselves against disease, has completed its seed investment round, totaling at £1.61 million.
Singapore-based tech-enabled coffee chain Flash Coffee extends Series B round to $50m
Singapore-based tech-enabled coffee chain Flash Coffee has announced the successful completion of its Series B financing round led by White Star Capital, raising a total of $50 million following its latest closing.
7 in 10 UK tech workers consider hybrid working a key factor when considering a future employer, report
Techspace has released The Scaleup Culture Report, a national report diving into the current state of workplace culture across the UK tech industry.
Amsterdam-based cyber fraud startup ThreatFabric closes €11.5m seed round to accelerate growth
ThreatFabric, the provider of fraud detection solutions & intelligence for the financial services sector, has raised €11.5 million in a seed round to expand its technical capabilities and support the company’s growth.
Nigerian cold-chain startup Gricd rebrands as Figorr, secures $1.5m seed funding to support data-driven insurance for perishable goods in Africa
Gricd, a technology company that develops Internet of Things-powered solutions to support the last-mile delivery of perishable goods, has secured $1.5m seed funding.
The 7 most sustainable cities creating the future of work after COVID-19, Plug and Play
The World Health Organization recently announced that COVID-19 is no longer a global emergency. However, the impact of the pandemic has left a lasting mark on all industries.
VOSMOS introduces DIY Virtual Events platform for user-created, customized virtual events
VOSMOS, a tech startup that specializes in Metaverse and virtual experiences, has launched VOSMOS.Events, a DIY or user-created virtual events platform.
Start-Up Nation Central collaborates with Microsoft to promote Israeli agri-food tech startups
Start-Up Nation Central has collaborated with Microsoft to promote Israeli agri-food tech startups in the international marketplace.
The Futurelist launches to connect Africa's tech startups to global investors
African Leadership International (ALI), has obtained the rights to the 'Global Finder' platform for tech startups from Israel-based Start-Up Nation Central (SNC).
Golden Gate Ventures doubles down on Locofy.ai investment to accelerate go-to-market for startups and enterprises
Golden Gate Ventures, a venture capital fund in Southeast Asia (SEA), has injected a second round of investment into Locofy.ai, a platform that converts graphic designs into working code with AI.
French EV startup Driveco raises $250m to become a European leader in EV charging infrastructure
Driveco, the innovative French electric vehicle charging startup, announced a €250 million fundraising round from Dutch pension fund manager APG.
Arieli Capital, Slovenia government launch second cohort of Slovenia-Israel Accelerator program
Arieli Capital and the Slovenia government have joined forces to launch the second cohort of the Slovenia-Israel Accelerator program.
UK-based SaaS startup Fundpath secures £4m funding round with Fuel Ventures
Fundpath, the data and technology business bridging the information disconnect between asset managers and wealth managers, announced the completion of a £4m late seed funding round with Fuel Ventures.
[Column] Malik Shaffy Lizinde: Unlocking the potential of AI-from fear to excitement
AI is becoming a significant part of our lives, and there's a growing concern that it will replace human jobs, leading to unemployment.
South African healthtech startup Quro Medical raises $1.3m funding from Mineworkers
Quro Medical, the South African e-health startup has received a $1.3 million investment from leading investment firm the Mineworkers Investment Company (MIC).
German startup Wingcopter secures €40 to scale up electric delivery drones and logistics services
The European Investment Bank (EIB) will provide a €40 million quasi-equity investment into Wingcopter, a European pioneer in unmanned delivery drone technology and related services.
Spacetech startup EnduroSat secures $10m Series A funding to streamline satellite data
Spacetech startup EnduroSat, has raised $10m Series A funding, led by the EU investment firm CEECAT Capital, focused on the high growth markets of CEE Europe.
South African healthtech startup Guidepost unveils chatbot for diabetic patients
South African healthtech startup Guidepost has unveiled an AI-powered chatbot to help citizens living with diabetes better manage their condition.
Kenya's B2B e-Commerce startup Wasoko expands to Zambia
Wasoko has revealed plans to invest over $1 million in Zambia. The B2B retail and e-Commerce made this announcement while announcing its official entry into the Southern African country.
Catalyst Funds closes its fourth Fund to support next-gen entrepreneurs and innovators in Israel
Catalyst Funds announced the closing of its fourth Fund – Catalyst IV, that will manage assets of $150 million. The new fund will invest in growth companies in various sectors.
Nigerian fintech startup Grey expands into Kenya
Nigerian fintech startup Grey has picked Kenya as its East African Hub as it expands operations in the largest economy in the East African Community.
Milan-based fintech startup Viceversa closes €10m Series A funding round to accelerate growth
Viceversa, the Milan-based fintech startup that introduced revenue-based financing to Italy to support the growth of digital companies, announced the closing of €10 million Series A financing round.
Aegis Ventures, Northwell Holdings launch healthtech startup Optain to detect and prevent early stage diseases
Ascertain, a revolutionary collaboration between Aegis Ventures and Northwell Holdings, announced a seed funding round to launch Optain, an artificial intelligence company.
Tech Seoul partners with Starta Ventures to expand global outreach for Korean startups
Tech Seoul, an online English news platform, announced it has signed a partnership agreement with Starta Ventures, a mid-sized venture capital firm based in New York, to support the global expansion of Korean startups.
How to make your SaaS company grow, Product Fruits
SaaS (Software-as-a-Service) is the most agile and fastest-growing form of the software industry. Here are the best SaaS practices to help your business grow.
Hilversum-based software platform Instruqt raises €15m to help companies improve product demos, trainings
Instruqt, the product-led growth platform that transforms the way tech professionals learn new technologies with interactive product experiences, announced it has raised €15 million Series A funding.
Innovate UK launches £100m AI Fund for UK business
Innovate UK, the UK’s national innovation agency, has unveiled BridgeAI, a new programme which aims to drive growth and competitiveness in the UK economy through the adoption of artificial intelligence (AI) and machine learning (ML).
Genemod raises $4.5m to become the central research platform for biopharma companies
Genemod, a cloud-based workspace collaboration software for biopharma R&D teams, announced it has raised $4.5 million in seed funding.
Five tech startups join Northwestern Mutual Black Founder Accelerator program
Northwestern Mutual, in partnership with gener8tor, announced the addition of five promising tech startups to its innovative Black Founder Accelerator program.
AAM invests in EnerTech's Global Strategic Mobility Fund to advance automotive technologies
American Axle & Manufacturing (AAM), a pioneer in driveline and metal forming technology, announced a $10 million investment in the Global Strategic Mobility Fund (GSMF), a venture capital fund managed by EnerTech Capital.
Danish startups pursue US expansion opportunities through TMC Biobridge
Texas Medical Center (TMC) and the BioInnovation Institute (BII) announced that three startups from BII will join a customized accelerator program tailored for helping startups build their US go-to-market strategy.
Denmark-based soil carbon startup Agreena raises €46m to scale the regenerative revolution
Denmark-based climate and fintech startup Agreena, whose soil carbon platform is one of the largest globally, announced its Series B raise of €46 million.
Transforming public health solutions via AI revolutions, Plug and Play
Public health has traditionally been understood as a mission-driven industry that could not be profitable but, rather, one that utilizes a non-profit structure.
African blockchain startups raised $474m in 2022, report
The growth of the African crypto market has been remarkable in spite of the ongoing crunch the industry is experiencing globally.
JetBlue Ventures, Plug and Play partnership yield successful outcome in travel and hospitality industry
JetBlue Ventures and Plug and Play Tech Center announced that their partnership has once again been successful in fostering innovation and growth in the travel industry.
Mobile app points Ugandan stakeholders to reliable fisheries data
Trained data collectors consult with fishers to update the easy-to-use app with data such as fish catch quantity, type of fishing nets and boats used, and how much money the fishers expect to earn.
London fintech startup Triver raises £7milliion to provide small businesses with instant capital
Leveraging Open Banking data and sophisticated AI, Triver funds SMEs’ short-term working capital needs, underwriting the risk of small business borrowing instantly and automatically.
Tech startup Cybersyn raises $62.9 million funding, launches data-as-a-service offering
Cybersyn, the data-as-a-service startup, has announced it has raised $62.9 million in Series A funding and emerged from stealth to launch its data-as-a-service (DaaS) offering.
Proptech startup NineSmart launches contactless booking solution
With the rising demand for property technology (PropTech), NineSmart is committed to becoming a prominent solution provider in the market with advanced IoT technology.
Innovate UK launches £100 million AI fund for UK businesses
The £100m investment comes partly from Innovate UK & the Technologies Mission Fund (TMF), launched by HMG/UKRI on 6 March 2023, and will bring together businesses from priority sectors with AI experts and developers, to foster an AI innovation network in the UK.
Belgian Startup Whale raises 2.5 million euros to boost knowledge sharing for companies worldwide
The funding follows the company's strong annual growth (280%) and recent AI integration and will be used to further innovate and expand in Europe and throughout the US, the latter of which currently already accounts for over 70% of the company’s customer base.
Sonet.io raises $6 million seed funding to fix remote work challenges for global, distributed workforces
Sonet.io sits at the intersection of these trends. Its industry-first, air-gapped solution greatly simplifies IT operations and streamlines remote workforce management while reducing costs by up to 10 times compared to traditional solutions.
DoiT and Tenity target Early-stage fintech and insurtech startups with cloud computing offerings
Through this partnership, DoiT will become one of Tenity's trusted cloud partners, providing Tenity’s incubated startups, both current and alumni, with round-the-clock access to best-in-class cloud technology and services on Amazon Web Services (AWS), Google Cloud Platform (GCP) and Microsoft Azure.
Mitsubishi Electric’s Innovation Fund invests in Israeli cybersecurity startup SCADAfence
SCADAfence provides visibility to networks that support industrial systems and critical infrastructure, in an age where various types of malware, are threatening industrial systems and critical infrastructure, frequently shutting down their control systems and causing serious incidents.
Cardinality raises $12.5m Series B financing to expand market coverage, accelerate growth
Cardinality.ai, a government-technology focused AI SaaS solution provider, announced a $12.5 million Series B investment led by Boathouse Capital, along with other investors.
Artificial intelligence: Africa takes up the subject
As AI systems like ChatGPT begin to disrupt our daily lives, the global race for innovation is accelerating. The biggest advances are taking place in the United States, China and Europe.
The evolution of cryptocurrencies - a look at how blockchain technology is going mainstream
Cryptocurrencies have been around for over a decade now and have come a long way since their inception.
[Column] Alp Tilev: Why the transition to e-mobility in Africa must be expedited
Historically, Asia has been the birthplace of motorcycles. China, India, Indonesia, and Vietnam are the world's four largest motorcycle markets. The continent is home to roughly 58% of all motorcycles in the world.
[Column] Hardeep Sound: Close the tech skills gap to unlock East Africa’s economic growth
Is a lack of tech skills hampering East Africa’s economic growth? The World Bank data suggests that the digital economy contributes more than 15% of total global GDP.
Gate Pay partners with CityPay.io startup to advance crypto payment adoption in Georgia and Europe
Gate Pay, the crypto payment service product by the global leading CEX Gate.io, announced a strategic partnership with CityPay.io, a fast-growing crypto payment startup based in Georgia.
Climate tech startup nZero raises $16m Series A funding amid global call for accurate sustainability reporting
nZero, the near real-time carbon management and accounting platform, announced it has closed a $16 million Series A funding round.
AlphaSense raises $100m to fuel innovation in AI and market intelligence
AlphaSense, the market intelligence and search platform, announced a $100 million addition to its $225 million Series D financing round at a $1.8 billion valuation.
GigaStar launches next gen funding experience for YouTube creators
GigaStar, a startup bringing Creators and Fans together as partners, announced that its next-generation marketplace launched in beta, offering YouTube Creators streamlined access to Fan funding.
Infobip launches Conversational Everything Blueprint to help brands meet evolving customer preferences
Global cloud communications platform Infobip has launched a new Conversational Everything Blueprint to enable brands embed conversational experiences for customer communications.
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises.
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world.
[Column] Chris Boshoff: Connecting the digital backbone
The Internet of Things (IoT) isn’t new, but it has simmered on the edges of innovation and transformation for years and now it has, as the World Economic Forum puts it, ‘quietly arrived’.
[Column] Gur Geva: Biometric attacks on the rise: the trends financial institutions need to be aware of in 2023
In the past year there has been a 149% increase in threat actors using emulators to attack mobile platforms. There has also been a 295% increase in novel face swaps.
Nigerian fintech firm Zone adopts ThetaRay AI Solution to screen payments
Zone (formerly Appzone) and ThetaRay announced they will collaborate to implement ThetaRay’s cloud-based SONAR solution to monitor and screen Zone’s transactions in Nigeria for illicit activities and sanctions violations.
Forces shaping the retail landscape in 2023, ESW
Brands and merchants are constantly adapting to the ever-changing forces that shape the retail landscape
Chinese electric truck startup DeepWay raises $117m Series A+ round to accelerate mass production of smart electric heavy-duty truck
DeepWay, a smart commercial vehicle developer and manufacturer, announced it had raised $117 million Series A+ financing.
Fertility treatments aren't just for the 1%, Sunfish
Sunfish, a fintech company founded last year, aims to make fertility treatments more accessible and has recently designed a new product to help reduce the cost of In Vitro Fertilization (IVF).
Meet the 10 tech startups in the inaugural Geekz Ventures pre-accelerator
US-based pre-accelerator Geekz Ventures has announced its class of 10 startups for its inaugural cohort program.
TDK Ventures invests in pH7 Technologies for clean extraction and recycling of critical metals
TDK Corporation announced that subsidiary TDK Ventures, its corporate venture-capital arm, is investing in sustainable metal extraction innovator pH7 Technologies and co-leading its Series A financing round.
[Interview] Ayodeji Ayorinde, Co-founder, Artisankonect, Nigeria
Artisankonect is a Nigerian startup that helps outsource user requests to skilled persons. Startup Weekly chats with Ayodeji Ayorinde, one of the Founders.
Why open finance is the future, Plug and Play
In 2018, the UK made history as the world’s first Open Banking Standard was implemented, establishing the foundations for the nation’s pioneering ecosystem and setting a blueprint for other countries.
Applications for inaugural AWS FinTech Africa Accelerator now open
Amazon Web Services’ Startup Loft Accelerator announced the inaugural launch of its AWS FinTech Africa Accelerator.
African market intelligence startup Rwazi raises $4m funding to accelerate growth
African market intelligence startup Rwazi has raised a $4 million seed funding round led by Bonfire Ventures and saw participation from Newfund Capital and Alumni Ventures.
Intelligent payments startup Toku raises $7.15m seed round to revolutionize subscription payments in LatAm
On a mission to revolutionize the way companies collect payments in Latin America, Toku, the platform optimizing collections for subscription companies, announced it has raised $7m seed round.
Korean foodtech startup Nuvilab selected to join Google for Startups Accelerator: Circular Economy
Korean food-scanning startup Nuvilab was selected to be the only Korean startup among hundreds of candidates to join "Google for Startups Accelerator: Circular Economy".
Global trends in supply chain finance, Plug and Play
According to the World Supply Chain Finance Report 2022, supply chain finance fund volumes showed a significant increase in 2021 over 2020 as the global volume rose by 38% to $1.8 billion and funds in use by 41% to $713 billion.
[Column] Thabiso Foto: Fintech is a path to democratised financial services
Fintech has played a significant role in democratizing access to financial services across Africa in the past decade.
TeselaGen offers Starter Edition to help biotech startups scale efficiently
TeselaGen Biotechnology, the developer of AI-enabled Operating System for Biotechnology R&D and Manufacturing, announced the launch of its Starter Edition to support innovative early-stage biotech companies that are ready to scale.
Indian Web3 startup NoCap Meta raises $243K to accelerate growth in metaverse, digital tech
NoCap Meta, a Mumbai-based Web3 startup that provides a wide range of services including blockchain based systems, metaverse development, and asset backed tokens, has raised approximately $243K to enhance its growth.
[Column] Jon Tullett: Cloud economics for enterprises
When looking at cloud economics for enterprises, it is important to determine whether the cloud spend within the organisation is optimal today and will continue to be so tomorrow.
Dream VC opens applications for its 2023 talent accelerator program in Africa
Dream VC, a Remote Venture Capital Upskilling Institute, has opened applications for its 2023 Accelerator Program for VCs in Africa.
[Interview] Patrick Mehrhoff, CEO and Founder, Mehrhoff Digital, Estonia
Patrick Mehrhoff is the Founder and CEO of Mehrhoff Digital, a Tallinn-based marketing consultancy for financial services.
[Interview] Gharjyot Singh, CEO, Cerebrum Infotech, India
Gharjyot Singh is the CEO of Cerebrum Infotech, a software and web development company based in India.
Frontier Aerospace secures $10m Series A funding to accelerate growth
Frontier Aerospace Corporation ("Frontier"), a pioneer in next generation liquid rocket engines for in-space propulsion, announced it has closed a $10 million Series A funding round from AEI HorizonX.
SPJIMR launches innovative accelerator programme for startups in finance industry
The Centre for Financial Innovation (CFI) at Bharatiya Vidya Bhavan's S.P.Jain Institute of Management & Research has announced the launch of 'SPJIMR FinNovate Accelerator' in partnership with Mumbai Angels.
Quantum physics for beginners and quantum investment trends, Plug and Play
Quantum technologies have been quite trendy lately. However, without a degree in quantum physics, it's quite challenging to figure out what's myth and reality.
Al-Abdullah Group invests $50m in Indian EV startup Kabira Mobility to accelerate growth
Kabira Mobility, a prominent electric bike manufacturer in India renowned for its KM3000 and KM4000 models, announced it has secured a $50 million investment from its strategic investor, Al-Abdulla Group (Qatar).
Nigerian government launches $672 million fund to support tech startups
The government of Nigeria has set aside $672 million fund to support young investors in the tech and creative industries.
Mumbai-based HRtech startup ZingHR invests in SaaS startup LokiBots to expand its AI-based products and services
HRtech startup ZingHR has made a strategic investment in Silicon Valley-based SaaS startup LokiBots. The investment will help ZingHR leverage its AI-based software bots.
Cybersecurity startup Aembit launches with $16.6m funding to bring identity-first security to workloads
Aembit, the identity platform that lets DevOps and Security teams discover, manage, enforce, and audit access between federated workloads, announced its official launch alongside $16.6m in seed financing.
[Interview] Joel Daniel, Founder, Solutions Platforms, Nigeria
Joel Daniel is the founder of Solutions Platforms, a company that grooms young people to succeed and have global relevance by leveraging its various programs designed to foster international education.
Plug and Play Alberta announces 58 startups for Spring cohort of accelerator programs
Plug and Play Alberta has announced 58 startups for the Spring cohort of its industry-specific Health, Sustainability, Food and Beverage, and Sector Agnostic startup accelerator programs.
Berlin-based startup The Climate Choice raises $2m funding round to decarbonize the supply chain
The Climate Choice, a climate intelligence software platform for decarbonizing industrial supply chains, announced $2 million in pre-seed funding.
[Column] Mukesh Bector: The ingredients of tech innovation
Time only moves in one direction, and with it, we must keep evolving. Technology has become central to our development as a species and is likely to remain so.
[Column] Takalane Khashane: Building a digital, sustainable bank for the future
Banking, like many other sectors, has responded to rapid change and evolving customer needs by developing a digital strategy.
[Column] Gur Geva: How biometrics can fuel inclusive growth in Nigeria’s ICT sector
Nigeria is at an inflection point where it needs to adopt enabling technologies at scale to support high growth in the telecommunications and digital sectors.
[Interview] Chris Okoro, CEO, Eunisell Interlinked, Nigeria
Chris Okoro is an entrepreneur and business strategist skilled in the Financial Services and Engineering sector. He's currently the Managing Director and CEO of Eunisell Interlinked, Nigeria.
Kiilto Ventures invests in Asumma, a Finnish ecological CLT housing startup
Kiilto Ventures has led equity investment in Asumma, a Finnish startup that designs and sells high-quality, move-in-ready single-family homes
African fintech Flutterwave secures two additional licenses in Rwanda
Flutterwave, Africa's payments technology company, has announced that it has received its Electronic Money Issuer and Remittance Licenses from the National Bank of Rwanda.
African Media Agency, Africa Fintech Summit partner to promote fintech innovation in Africa
African Media Agency (AMA) and Africa Fintech Summit (AFTS), have announced a strategic partnership aimed at increasing awareness about the fintech industry's innovation in Africa and promoting the upcoming summit throughout the continent.
AI crop analysis platform Inarix raises €3.1m seed funding to help farmers determine quality and value of their crops
Inarix, the AI-powered crop analysis platform, announced a €3.1 million seed round from Ankaa ventures, Label Investment, Newfund, Alliance for impact and Resiliance.
3 key trends in retail and brand innovation, Plug and Play
Brands and the retail industry are undergoing a rapid transformation. As technology and customer expectations continue to evolve, businesses must innovate to stay competitive and provide a better consumer and user experience.
[Column] Imane Charioui: Addressing the gender gap in the technology sector
Today, innovations in the financial services sector are increasingly recognized for their acceleration of access to science, technology and innovation for all.
Chinese Venture Capital firm CCV signs UNPRI, makes commitment to responsible, sustainable living
The United Nations-supported Principles for Responsible Investment (UNPRI) has admitted CCV, an Asian-based early-stage VC firm as a signatory, making CCV one of the first Asian investment-focused signatories.
Recast Capital launches Recast Accelerate, a program supporting early-stage, women-led venture funds
Recast Capital has launched Recast Accelerate, a catalytic program to drive the success of women-led, early stage US funds in venture capital.
[Interview] Julie Davila, VP Global Field CTO Operations, Sophos
Cybersecurity has become one of the biggest global challenges facing businesses around the world. The industry is always shifting as new technological innovations emerge and modify firms’ security practices drawing in a more diverse group of professionals, including women.
Biotech startup Tiamat Sciences raises $2m seed extension round to accelerate product validation, strategic partnerships
Biotechnology startup Tiamat Sciences, announced its $2 million seed-extension financing round led by 8090 Industries with participation from new and existing investors.
Microsoft adds 13 new African languages on its translation service
Microsoft has added 13 new African languages to its Microsoft Azure Cognitive Services Translator, allowing text and documents to be translated to and from these languages across the entire Microsoft ecosystem of products and services.
Applications open for Google's 3rd cohort of Black Founders Fund 2023
Google has opened applications for this year’s Black Founders Fund for Startups in Africa and Europe. Startups from Africa applying for the fund must be headquartered in the continent or having a legal presence on the continent.
EMURGO Africa and Kepple Africa ventures establish joint venture to further web3 strategic partnership
EMURGO Africa and Kepple Africa Ventures have announced the establishment of a business joint venture EMURGO Kepple Ventures to further accelerate its strategic partnership investing in African Web3 businesses.
5 innovation metrics (KPIs) every CEO should care about, Plug and Play
Are your innovative strategies paying off? As a CEO, innovating is part of the job description - but do you know if it's actually making a difference in your company? It’s time to get down to data-driven business.
How DeFi is disrupting traditional banking and financial services
The traditional banking and financial services industry has long been the cornerstone of the global economy. It has provided access to capital, enabled trade, and facilitated financial transactions for centuries.
Is AI content moderation better than human content moderation?
Who is better at detecting inappropriate content – computers or humans? To answer this question Unitary compares AI and humans on different levels, including scale, personal risk, cost, bias and context.
Web3 startup nealthy raises $1.3m in pre-seed to simplify NFT and crypto investing
nealthy, a Web3 startup for investing in NFTs and cryptocurrency, announced it raised $1.3 million in pre-seed funding round backed by experienced Web3 investors, including renowned crypto celebrity ‘DonGeraldo.’
Droit raises $23m Series B funding round to support global growth and wealth product development
Droit, a technology firm at the forefront of computational law and regulation, announced it has closed a $23 million Series B investment in its latest funding round.
[Column] Darryl Pietersen: Improving innovation and technology for gender equality in Ghana
The digital revolution is fully underway, and the technology industry is reshaping our world. While it looks quite innovative and revolutionary from the outside, women remain a dramatically underrepresented group.
Mexican TV audiences back AI dubbing over subtitles, report
The world's biggest entertainment distributors could win over millions of TV viewers currently swerving non-domestic content by deploying AI dubbing, new research suggests.
[Column] Veerakumar Natarajan: How tech can help stimulate micro economies
Technological progression plays a crucial role in fostering economic growth. A lack of access to technology can hinder local economies, particularly in developing countries such as Kenya and other African nations.
[Column] Marilyn Moodley: Conquering the biggest cloud adoption challenges with an effective strategy
As CIOs turn to the cloud to help streamline performance across key areas of operations, knowing exactly how to conquer the biggest cloud adoption challenges is more important than ever before.
Finding the perfect innovative solution for corporates, Plug and Play
Companies today can face various challenges that impact their survival. These challenges often arise from rapid technological advancements, changing consumer behavior, and the evolving business landscape.
Bain Capital Ventures raises $1.9 billion funding to champion technology founders from seed to growth stage and beyond
Bain Capital Ventures (BCV), closed two oversubscribed funds totaling $1.9 billion, which will continue the firm's deep and engaged support of technology startups from seed to growth.
Israeli AION Labs launches AI startup for De Novo antibody design
AION Labs announced the formation of DenovAI, the lab's second startup approved by the Israel Innovation Authority.
Biotech startup Chromologics completes €7.1m funding round to accelerate natural red color production through precision fermentation
Chromologics, the Danish biotech company, announced the successful closure of an extended seed round of an additional €7.1 million in equity.
[Column] David Meintjes: Unified communication and collaboration trends for 2023
As businesses continue evolving to meet changing customer behaviour, the uptake and investment in cloud unified communications platforms and tools will continue to soar.
Sustainable hemp food startup announces first expansion into the non-dairy dessert category
Planet Based Foods, the first and only company to produce nutritious plant-based meat with sustainable hemp as its number one ingredient, announced its expansion into the non-dairy frozen dessert category.
Lightship Foundation's Startup Train connects tech ecosystems from Rhode Island to Washington D.C.
Startup Train, the inclusion focused US tech ecosystem tour is being launched by Lightship Foundation to reach and connect entrepreneurs and ecosystems across the country.
Attio raises $23.5m Series A to usher in a new era of CRM
Attio, the company building the CRM of the future, announced $23.5 million in Series A funding led by Redpoint Ventures, with continued participation from existing investors Balderton Capital and Point Nine.
Three factors driving West African organizations’ rapid cloud adoption
West African businesses are adopting cloud technologies at an unprecedented rate to unlock a range of competitive capabilities through digital transformation.
Stockholm’s Summa Equity acquires majority stake in Logpoint to create European cybersecurity powerhouse
Summa Equity announced the acquisition of a majority stake in Logpoint, the creator of a reliable, innovative cybersecurity operations platform - empowering organization to thrive in a world of evolving digital threats.
Autonomous vehicles affect the future of insurance, Plug and Play
With self-driving technology becoming increasingly available and popular, more and more people are opting to ditch their own cars and ride aboard autonomous vehicles instead.
[Column] Mark Wilson: The ERP and technology trends that will shape 2023
Following a year of disruption caused by Russia’s invasion of Ukraine, supply chain disruptions and record-breaking inflation, we look to the year ahead and what 2023 might have in store for manufacturers and distributors.
Villgro Africa invests over $2m in African healthcare startups
Villgro Africa has invested over $1.36 million in 36 Kenyan healthcare startups over the last 7 years with plans to launch a Biotech Innovation Hub as part of its regional expansion.
Hong Kong insurtech startup Bowtie appoints James Lau as Independent Non-Executive Director
Bowtie, Hong Kong’s first virtual insurer, announced the appointment of James Lau to its Board of Directors as an Independent Non-Executive Director.
Videocites partners with NBA to provide greater insights into league’s social media exposure with initial closing of Series B funding
Videocites, creator of the next-generation analytics solution that reveals the true social footprint created by fans and partners on social media, announced the initial closing of a Series B round.
[Column] Pierre Havenga: The data center revolution in Africa - deploying technology for tomorrow
Africa is rapidly emerging as a major player in the global data center market, with a number of countries investing heavily in the development of data centers.
Raft announces $100m prime contract award to support cloud native product lines for Kessel Run
Raft, a technology consulting firm focused on solving hard engineering problems, announced it has been awarded a prime contract $100 million contract to develop software applications in collaboration with AFLCMC.
Healthtech startup WELL invests in doctorly, launches strategic alliance to tech enable German doctors
WELL Health Technologies (WELL), announced it has made a strategic investment, through its wholly owned subsidiary, WELL Ventures, in doctorly GmbH (doctorly), a medical practice management software provider based in Germany.
[Column] Kevin Halkerd: Why humans should lead your business cybersecurity strategy
Most successful cyber breaches have one thing in common: People. Your company can be protected from every tech angle, with the latest security updates and most advanced threat detection.
Vue.ai announces new AI powered models to generate inclusive ad creatives through Meta's Creative Shop
Vue.ai, the retail vertical of AI startup Mad Street Den, announced its partnership with Meta to generate automated and inclusive ad creatives using AI-powered models for brands using Meta's creative services.
[Interview] Fedir Ted Martynov, CEO, CARMACHAIN, Nigeria
Ted Martynov leads CARMACHAIN, a fintech outfit operating in Nigeria that enables credit data for lenders in markets underserved by credit bureaus.
SEAC Thailand launches 456 Smart Learning Ecosystem to upskills learners
SEAC, Southeast Asia's SMART learning pioneer, launched its 456 Smart Learning Ecosystem to address the slow rate at which the education and training industries are evolving their learning approaches.
Hong Kong insurtech startup Bowtie revolutionalizes traditional insurance industry with technology
In today’s digital age, many industries have begun to introduce emerging technologies to develop innovative services. The transformation and upgrading of the insurance industry is also in full swing.
South African healthtech startup Envisionit raises $1.65m to expand access to medical imaging
Envisionit Deep AI, a South African healthtech startup that uses AI to bridge the gap in diagnostic imaging, has raised $1.65 million to expand access to medical imaging.
[Column] Dumisani Moyo: Navigating the winds of change in a digital-first world
Business leaders are facing an increasingly disruptive business environment, driven by supply chain constraints, critical skills shortages, hyperinflation, slowing economic growth, and persistent energy challenges, to name a few.
[Column] Chester Wisniewski: Artificial Intelligence now a match for natural ignorance
End-user security training has traditionally been an important aspect of cybersecurity efforts, as it aims to educate and empower employees to identify and prevent potential threats.
Steph Curry's SC30 joins Simplicity, Silicon Valley AI-driven startup building super app for cities
Simplicity, the platform revolutionizing the way residents connect with their cities, announced that four-time NBA Champion and two-time MVP Stephen (Steph) Curry's SC30, has joined forces with the platform.
Logistics SaaS startup BlueCargo raises $11m to make containers flow faster through US Port terminals
BlueCargo, the logistics SaaS platform that optimizes the entire container workflow from port to warehouse, announced it has raised $11 million in new funding led by Soma Capital and Left Lane Capital.
Generative AI startup Autobound raises $4m to make writing personalized sales emails easy
Emerging startup Autobound, is announcing $4 million in funding to automate the tedious workflow of writing personalized sales emails.
[Column] Didi Onwu: Understanding youth entrepreneurship in Kenya - why fintech is an attractive sector
Boasting one of the fastest-growing economies in Africa, Kenya is on the rise to become a powerhouse of innovation on the continent. This is largely in part due to the country’s thriving culture of entrepreneurship and its significant startup ecosystem.
Munich-based finway raises $10m Series A funding to reimagine spend management for European SMBs
finway, the German finance operating system for SMBs, has raised €9.2 million in a Series A round from Capital 49, an early stage venture fund led by founders of global fintech unicorn Airwallex.
South African car subscription startup Planet42 raises $100m to break car accessibility barriers
South African car subscription startup Planet42 has raised $100 million in combined equity and debt funding.
AfricaGoGreen Fund secures $47m to support tech-focused green projects in Africa
The AfricaGoGreen Fund (AGGF) has raised $47 million in combined investments from top financial organizations, including the IFC, AfDB, the Nordic Development Fund (NDF), and the Sustainable Energy Fund for Africa (SEFA).
Decentralized finance companies are shifting from centralization, Plug and Play
Decentralized finance, commonly referred to as DeFi, is an emerging technology aimed at building a new financial system that is open to everyone and does not depend on traditional financial intermediaries, such as banks, lenders, etc.
German medtech startup HBOX Therapies raises €2.3m seed funding to accelerate clinical testing for lung treatment
Medtech startup HBOX Therapies, the developer of technology that facilitates lung-protective treatment of respiratory patients, received a seed investment of €2.3 million led by TechVision Fund (TVF)
[Column] Anna Collard: ChatGPT: What cybersecurity dangers lurk behind this impressive new technology?
It is now possible to use a publicly available artificial chatbot to generate a complete infection chain, possibly beginning with a spear phishing email written in entirely convincing, human-like language.
Bristol-based tech startup Deazy appoints Freya Wordsworth as new Partnerships Manager
Developer marketplace platform Deazy, has appointed Freya Wordsworth as the new Partnerships Manager, as part of a growth push for 2023 that will see the Bristol-based tech firm build a partnership eco-system.
[Interview] Mikhail Marchenko, Co-founder, JuicyScore, Kenya
Mikhail Marchenko is the Co-founder of JuicyScore, which recently launched its operations in Kenya. JuicyScore offers anti-fraud and risk management solutions to digital lenders, insurance companies, e-commerce and classifieds.
[Interview] David Galadima, Founder, Graemoh Foods, Nigeria
Passionate about sustainable agriculture, aquaculture and food security in Africa, David Galadima is the Founder of fast growing agriculture and processing company, Graemoh Foods, operating out of the northern state of Kaduna, Nigeria.
Bolt announces plans to expand services in Africa with €500m investment
Bolt has announced plans to invest €500 million to enhance its operations across Africa over the next two years.
CcHUB launches $15m accelerator for edtech startups in Kenya and Nigeria
Co-Creation Hub (CcHUB), touted as Africa’s largest innovation and incubation hub, announced it is launching a $15 million accelerator program for targeting edtech startups.
Agritech startup IngredientWerks announces successful completion of seed round funding
IngredientWerks, an ag-tech ingredient company developing high value plant-based proteins for the alternative protein markets, announced it has secured its seed round of funding.
eDRV raises seed round to accelerate an interconnected EV charging ecosystem
eDRV, an API-first electric vehicle (EV) charging management solution used at over 7,500 charging locations globally, announced it has closed on a seed funding round.
SC Ventures partners with Yabx to expand access to financial services in Africa
SC Ventures announced it has entered into a Memorandum of Understanding (MoU) with Yabx , a company incubated by Comviva and part of the Mahindra Group, to address a deep need for responsible consumer finance in Africa.
German electric mobility startup Dance raises €12m to accelerate sustainable mobility solutions across Europe
Electric mobility subscription startup Dance has raised €12 million in additional equity and debt capital. The equity raise was led by existing investors HV Capital, Eurazeo and BlueYard.
IFC, DEG, Hollard, and Yellowwoods invest in South African insurtech startup Naked to boost insurance accessibility
IFC, the German Development Finance Institution (DEG), Hollard, and Yellowwoods, jointly announced an investment in South African insurtech company Naked to expand access to insurance products.
Next-gen self storage startup Stuf secures $11m Series A funding to accelerate growth
Stuf, a next-generation self storage startup, announced it has closed an $11 million Series A financing round led by Altos Ventures and Allegion Ventures, with participation from existing investors, Wilshire Lane Capital and Harlem Capital.
Customer intelligence and marketing CRM platform Gameball raises $3.5m seed round for international expansion
Gameball, the all-in-one customer intelligence and marketing CRM platform for consumer brands, has announced the completion of a $3.5 million fundraise to accelerate its international expansion.
Founders of Spatial analytics startup Spatio Metrics join Outer Labs to accelerate data-driven real estate solutions
Sonal Singh Goldstein and Jim Peraino, Founders of Spatial analytics startup Spatio Metrics, are joining Outer Labs, a company that helps real estate owners develop technology.
Kenyan fintech startup Power Financial raises $3m seed funding to accelerate growth
Power Financial Wellness, a Kenyan fintech startup that seeks to advance the financial well-being of its customers has secured a $3 million seed funding.
Identity verification platform Smile Identity raises $20m funding for Pan-African expansion
Smile Identity, Africa's Know Your Customer (KYC) onboarding and identity verification platform, announced the successful completion of its Series B funding round, raising $20 million.
Authentication startup Descope launches from stealth with $53m seed funding to trailblaze a passwordless future for all
Descope announced it has raised $53 million in seed funding and emerged from stealth to launch a frictionless, secure, and developer-friendly authentication and user management platform.
Insurtech startup OpenEyes emerges from stealth with $23m Series A funding
OpenEyes, an insurtech company serving commercial automotive fleets, today emerged from stealth with $18 million in Series A funding led by global software investor Insight Partners and Pitango First.
Amsterdam-based mobility startup Transferz raises €6.5m for its sustainable and reliable ground transportation solutions
Transferz, the Amsterdam-based B2B mobility platform in pre-booked ground transportation, announced a successful €6.5 million fundraising round led by a consortium of individual business angels.
Battery startup NanoGraf raises $65m Series B to scale North American production of silicon anode products
NanoGraf, an advanced battery materials company and enabler of the world’s most energy-dense lithium-ion 18650 cell, announced it has raised $65 million in an oversubscribed Series B funding round.
London-based digital health startup Syndi raises £1.65m to build its AI-driven wellbeing support platform
Syndi Health, a startup providing a digital infrastructure to offer personalised and effective digital health support within organisations, has raised £1.65 million ($2 million), in equity and grant funding.
Acceldata raises $50m Series C funding to expand market leadership and product innovation in data observability
Acceldata, the market leader in data observability, has raised $50 million in Series C funding. This latest round of funding was led by March Capital, with additional investment from Sanabil Investments.
Predicta Med raises investment from CerraCap Ventures to support its early detection, intervention of chronic diseases platform
Venture Capital fund CerraCap Ventures, announced a strategic investment in Predicta Med, an early-growth startup helping medical clinics and institutions identify and work-up immune-related diseases earlier.
Y Combinator-backed Crew raises $2.3m to launch first all-in-one recruiting CRM
After 18 months of restricted beta access, Crew, a Parisian all-in-one recruiting CRM for teams solution, announced the launch of its product in self-serve and a $2.3 million seed funding round through a strategic approach.
London-based TDGA secures NewMedia Holding as lead investor in $20m seed round
London-based TDGA, the owner of the biggest brand in Space Media today, Space Hero, announced a $20 million seed round.
Novel Capital, Pipeline Entrepreneurs partner to make non-dilutive capital more accessible to Midwest startups
Novel Capital, the fintech Growth Platform that helps B2B businesses accelerate their growth, announced a partnership with Pipeline Entrepreneurs to make non-dilutive capital more accessible to Midwest startups.
Swiss startup Taurus raises $65m to further develop its digital asset platform, fuel international expansion
Taurus, the digital asset infrastructure provider for financial institutions in Europe, announced a $65 million Series B capital raise from strategic investors.
[Interview] Seyi J. Matanmi, Founder, Hosteet, Nigeria
Seyi J. Matanmi is a technology product developer and entrepreneur. Educated in software development, research and analytics, he currently leads the cloud services outfit, Hosteet, operating out of Lagos, Nigeria.
Tech startup Uspace fills the gap in web marketing missing from main street small business
Recent advertising by e-Commerce giants Go Daddy, Shopify, Wix and others would have the public believe that anybody can build and launch a moneymaking website with little time and effort.
Berlin's EatFirst acquires London-based foodtech startup Feedr to accelerate growth
Berlin-based corporate food ordering platform EatFirst, has acquired Feedr, a London-based enterprise food technology platform that gives corporate customers software to support healthier daily eating in workplaces.
Nigerian fintech startup Trade Lenda raises $520K in pre-seed round to accelerate growth
Trade Lenda, a Nigerian fintech startup that helps micro, small, and informal retailers with access to financing for their business needs, has raised $520K in pre-seed funding to speed its growth.
CampX by Volvo Group opens new Incubator track for startups to accelerate sustainable mobility innovations
More than 50 startups have developed their ideas at CampX, the global collaboration hub for innovations by Volvo Group.
Saudi Arabian HR tech startup Palm.hr raises $5m pre-Series A round to expand across the MENA region
Palm.hr, a Saudi Arabian HR firm that automates payroll, tracks leaves and absences and monitors employee performance, announced it has secured $5 million in a pre-Series A round.
Rembrand raises $8m seed round to scale AI product placement for video
Rembrand, the revolutionary AI product placement platform that embeds photo-realistic products into digital videos, announced a $8 million seed round and the upcoming launch of their beta platform.
Israeli foodtech startup Meala secures $1.9m pre-seed round to improve plant-based foods
Startup Meala FoodTech, the developer of a functional protein platform, announced the close of $1.9 million in pre-seed investment. The round was led by The Kitchen FoodTech Hub.
IDTechEx explores nine startups innovating polymer additive manufacturing
Essential to understanding the evolution of the polymer 3D printing industry is exploring the change from low-cost printing technologies and materials to the slow growth and adoption of innovative polymer printing technologies.
Nigerian fintech Flutterwave expands into North Africa with new Egypt payments licenses
Flutterwave, Africa's payments technology company, has announced that it has received its Payment Services Provider and Payments Facilitator licenses in Egypt.
Africa’s mobility startup eWaka secures $540K loan from SECO to accelerate growth
Kenyan mobility solutions provider eWaka has secured a $540K loan from the State Secretariat for Economic Affairs (SECO) of the Swiss Confederation.
Partech Africa II reaches first close at €245m, above target fund size
Partech, the global technology investment firm, announced the first closing of Partech Africa II at €245 million, already above the target fund size.
Seven African startups to receive $385k to develop solutions for the blue economy
Climate resilience venture launcher Triggering Exponential Climate Action (TECA), has announced the selection of seven African startups to each receive $55,000 in funding to advance their solutions for the blue economy across the continent.
Canadian healthtech startup The Rounds closes $6.7m Series A funding to accelerate growth
The Rounds, a Canadian healthcare tech startup, announced the successful close of its Series A round with two follow-on investments totaling $1.6 million CAD from Panoramic Ventures.
Metal 3D printing startup Fabric8Labs closes $50m Series B financing for electrochemical additive manufacturing technology
Fabric8Labs, pioneer of electrochemical additive manufacturing, announced the close of a $50 million Series B investment round led by New Enterprise Associates (NEA).
South African grocery delivery startup Yebo Fresh raises 4.5m pre-Series A funding to fuel expansion
Yebo Fresh, a South African grocery delivery startup has raised $4.5m in a pre-series A equity funding round.
South African digital lender Lulalend raises $35m Series B funding to accelerate growth
Lulalend, a South African digital lender offering funding options for businesses. has raised $35 million in Series B funding to accelerate the growth of its loan book and bring new solutions to the market.
Anthropic forges partnership with Google Cloud to help deliver reliable and responsible AI
Google Cloud announced a new partnership with Anthropic, an AI startup focused on safety and research. Anthropic has selected Google Cloud as its preferred cloud provider.
[Column] Xiao Feng: The 10 principles of Web3
What is Web3? Web3 is essentially the other side of the coin in relation to blockchain technology. When we talk about blockchain, we are also talking about Web3 to a considerable extent, and vice versa.
Ingredient biotech startup Michroma closes $6.4m seed round to bring novel food coloring to market
Michroma, a precision fermentation food ingredient startup, announced it has closed $6.4 million in seed financing, to fast-track the company's commercialization of sustainable natural colorants.
22 Milken-Motsepe Prize in AgriTech finalists push to the finish
The Milken Institute and the Motsepe Foundation, kicked off the final phase of the Milken-Motsepe Prize in AgriTech.
AI-focused customer communications app Yobi raises $2.37m seed funding to accelerate growth
Yobi, the AI-focused customer communications app catering specifically to the small business community, announced it has raised a total of $2.37 million as part of its oversubscribed seed round.
French hydrogen startup HySiLabs raises €13m Series A funding to accelerate growth
HySiLabs, the novel hydrogen transport and storage technology developer, announced €13 million Series A financing led by Equinor Ventures, and joined by the European Innovation Council Fund, EDP Ventures and PLD Automobile.
12 African startups selected for Techstars Accelerator program in Lagos, Nigeria
ARM Labs Lagos Techstars Accelerator, a Lagos-based program to build early-stage African fintech and proptech startups has announced its inaugural class. The cohort is made up of ten Nigerian and two Kenyan startups, with 50% female CEOs.
Google opens new accelerator program for women founders in Africa
Google has announced an accelerator program aimed at providing resources and opportunities for women founders in Africa.
Deep-tech startup KrossLinker develops cost-effective aerogel insulation to accelerate energy efficiency adoption
KrossLinker, an energy-efficiency-focused deep-tech advanced material startup, is designing and developing the world's most insulating nanomaterial, aerogel, that is low-cost, environmentally friendly, and scalable.
Kenyan rural Internet Service Provider Mawingu raises $9m to scale its operations across the country
Rural Internet Service Provider (ISP), Mawingu has raised $9 million in Series B funding to scale its operations across Kenya.
Spotcovery, serving as a bridge between African Americans and Africans, launches optimization tool on site
Spotcovery, the innovative media platform that connects descendants of the African continent while promoting culture, creativity, entrepreneurship and economic growth, has launched the Slickstream optimization tool.
Portuguese startup Coverflex closes €15m Series A round to expand its Compensation OS in Europe
Portuguese startup Coverflex closed €15m Series A round, to expand its Compensation OS in yet another European market, the Italian one!
TBD Health raises $4.4m seed round to expand its hybrid sexual healthcare offerings
TBD Health, a sexual healthcare provider revolutionizing the medical landscape through unparalleled digital and in-person clinical care, announced a $4.4 million seed round.
Squid raises $3.5m to build next-generation cross-chain swaps
Squid, a Zug, Switzerland-based provider of a routing protocol that enables users and developers to easily access cross-chain liquidity, raised a $3.5m seed round led by North Island Ventures.
[Startup Interview] Don Okoth, General Manager, Sendy, Kenya
Don Okoth is General Manager for Kenyan Fulfillment and Logistics startup Sendy. In this interview, he talks about the current state of logistics in Kenya and beyond, including Sendy's role in shaping the industry.
Hatchfi launches out of beta, raises $1.2m pre-seed to enable fintech apps bridge the gap to Web3
Hatchfi, a crypto integration platform that allows users to seamlessly connect crypto accounts to any app like they would a bank account, launched out of beta on the heels of a $1.2 million pre-seed raise.
Kenyan healthtech startup Zuri Health raises funding to expand across Africa
Kenyan healthtech startup Zuri Health announced it has raised an undisclosed amount of funding from Moroccan VC UM6P Ventures. The funds will be used to support Zuri’s growth and expansion across Africa.
Fulcrum Venture announces fifth cohort of its accelerator program
After reviewing hundreds of startups, Fulcrum Venture Accelerator, the startup accelerator for mission-driven entrepreneurs, announced its fifth cohort of promising young companies set to graduate in March 2023.
Startup Genome partners with Endeavor to research the Detroit region's entrepreneurial ecosystem
Startup Genome and Endeavor are working together to study and support the Detroit region's entrepreneurial and innovation ecosystem development.
Swedish AI startup Viking Analytics raises more than €3m Series A funding for global expansion
Viking Analytics, a Swedish startup developing AI-based machine health monitoring technology, announced the closing of its Series A round, co-led by Belgium-based Finindus and Sweden-based Industrifonden.
Free From Market raises $2.1m seed round for its food is medicine platform to treat chronic health conditions
Free From Market (FFM), the patient-driven digital platform, announced it has closed a $2.1 million seed investment.
Las Vegas startup Roots Homes raises $2.2m to make homeownership easy for Millennials and Gen Z
Roots Homes, the Las Vegas-based startup pioneering fractional homeownership, announced a $2.2 million funding round led by Other Ventures, with participation from Behind Genius Ventures.
European digital asset platform Bitpanda launches SaaS product for banks, fintechs
Bitpanda, a European digital asset platform, announced the launch of Bitpanda Technology Solutions, the most scalable Investing-as a-service infrastructure available in Europe and globally.
Workstyle Africa and SNDBX launch entrepreneurship centers in East Africa
Serviced office space provider, Workstyle Africa, has partnered with SNDBX International, a business growth ecosystem, to open five one-stop-shop entrepreneurship centres and workspaces in East Africa.
Nordics-focused LP firm Monterro announces final close of small-cap fund at €150m hard cap
Monterro, the Nordic B2B software investor, announced the final close of Monterro G1 at its €150m hard cap, including a 24% GP commitment.
Pegasus Tech Ventures launches $100m fund with Japanese chemicals and life science company Denka
Pegasus Tech Ventures (Pegasus), a global venture capital firm that is headquartered in the Silicon Valley, has established a $100 million corporate venture capital fund with Denka.
Catalyst Fund invests $2m in 10 startups to improve resilience to climate change in Africa
Pre-seed venture capital (VC) fund and accelerator Catalyst Fund, announced a $2 million investment in 10 startups developing solutions to improve the resilience of communities most vulnerable to climate change in Africa.
Sustainable mobility startup eWAKA receives 500K CHF loan to accelerate growth
eWAKA, one of Africa’s most promising sustainable mobility startups, has received strategic support from the State Secretariat for Economic Affairs (SECO) Start-up Fund of the Swiss Confederation.
Irish agritech startup Proveye secures €1m seed funding to accelerate growth
Irish agritech startup Proveye, a pioneer in remote sensing image analysis for agriculture, announced the closing of €1 million seed funding round to advance the company’s growth strategy.
Top 10 digital health startups in 2023 according to Plug and Play
New trends don’t materialize at the start of the year, but it is still a great time to reflect on the past year and see what topics will fill newsfeeds and dominate conversations in the digital health space in 2023.
Michigan State University biotech startup Iaso Therapeutics closes $1.25m equity series seed preferred financing
Iaso Therapeutics closed the first tranche of the company's $1.25 million series seed preferred round of financing.
HLTH Foundation launches coalition to help integrate health equity standards into healthcare tech and data practices
HLTH Foundation announced the formation of the Techquity for Health Coalition, with a mission to assimilate health equity considerations into healthcare technology innovation and data practices.
Memfault raises $24m Series B funding to supercharge its IoT reliability platform
Memfault, the IoT reliability platform, announced a $24 million Series B funding round, led by Stripes with additional participation from existing investors Partech Partners and Uncork Capital as well as the 5G Open Innovation Lab.
Belgian SMEs management software Odoo opens local office in Australia
Belgian company Odoo, an all-in-one integrated business solution for Small and medium-sized enterprises (SMEs), announced it is setting up shop in Australia.
African tech ecosystem raised $6.5 billion in 2022, report
Partech Africa, the VC fund dedicated to technology startups in Africa, has issued its annual report on Africa Tech Venture Capital, which reveals that despite the global VC downturn, the African tech ecosystem grew faster than all other markets globally.
Sofia-based EV charging platform AMPECO raises $13m Series A funding to expand in the US
AMPECO, a Sofia-based white-label EV charging management software platform, closed a Series A funding round of $13 million led by BMW i Ventures.
New Orleans edtech startup Pressto utilizes AI to revolutionize writing instruction
Edtech startup Pressto is releasing unprecedented teacher-driven product enhancements, including the incorporation of unique AI capabilities, at the Future of Education Technology Conference in New Orleans.
RIMAC Seguros joins Plug and Play's health platform in Silicon Valley
RIMAC Seguros, an insurance company in Peru with 3 million customers, has entered into a strategic partnership with Plug and Play Tech Center, the world's corporate innovation platform based in Silicon Valley.
Video AI startup ShortTok appoints Jayan Eledath as CTO to accelerate innovation, drive growth
ShortTok, an early-stage software company developing automated visual storytelling technologies, announced the appointment of Jayan Eledath as the new Chief Technology Officer (CTO) to accelerate innovation and drive growth.
Japan headquartered drone and Urban Air Mobility startup Terra Drone raises $14m funding to accelerate growth
Terra Drone, a drone and Urban Air Mobility (UAM) technology provider, has raised $14 million in funding from Wa'ed Ventures, the venture capital arm of the biggest oil producer in the world, Aramco.
Madrid-based VC firm Mundi Ventures appoints Delfin Rueda as General Partner and CFO
Mundi Ventures, a global venture capital firm investing in early and growth stage technology ventures, announced the addition of Delfin Rueda to the team as General Partner and CFO.
11 African startups selected for Cohort 3 of ASIP Accelerator Program
Eleven African startups have been selected to join the third cohort of the Africa Startup Initiative Program (ASIP). The accelerator program is powered by Startupbootcamp AfriTech together with its founding partner and leading telecom giant, Telecel Group.
Terminal49 secures $6.5m Series A to power ocean freight visibility and automation
Terminal49, the ocean freight visibility platform, announced it has secured $6.5 million in Series A funding led by Stage 2 Capital and co-lead by Grand Venture Partners, with follow-on participation from seed stage investors.
Next-gen employee payments startup Grazzy raises $4.25m to power hospitality's future of digital tips
Grazzy, a next-gen employee payments platform, announced a $4.25 million seed funding from Next Coast Ventures and Tuesday Capital to fuel expansion and growth of its digital tipping.
Business-focused insurtech Coverdash announces launch after oversubscribed seed round
Coverdash, a fully-digital business insurance startup providing simplified insurance solutions to businesses of all shapes and sizes, announced the company's official launch and the closing of an oversubscribed seed funding round.
Israeli startup aiOla raises $25m to interface natural language to AI solutions in traditional manufacturing
Israeli startup aiOla announced it has secured $25 million in funding led by New Era with the participation of Hamilton Lane and other investors.
Highland Europe closes €1 billion fund to back growth-stage tech startups
Highland Europe announced it has closed its fifth fund, raising €1 billion to double down on its strategy of backing the Continent’s most outstanding founder-led teams in software and internet businesses.
Bangkok-based healthcare marketplace HD raises $6m funding, launches HDcare service for elective surgeries
Bangkok-based healthcare marketplace HD, announced a $6 million funding to improve accessibility and affordability of healthcare services and elective surgeries in emerging Southeast Asia.
5 key insurance industry trends in EMEA region according to Plug and Play
Insurance industry trends over the past year have been significant, especially across Europe, the Middle East, and Africa (EMEA) region.
Plug and Play China launches call for global startup applications
Global innovation platform Plug and Play has announced a strategic partnership with the Hong Kong Science and Technology Parks Corporation (HKSTP) and launched a call for entries for the Elevator Pitching Competition 2023 (EPiC 2023).
Food Foundry accelerator announces fifth cohort of early-stage foodservice startups
Food Foundry, an accelerator program built by Relish Works and Gordon Food Service for early-stage startups disrupting the food and foodservice industry, announced the five startups that will join the fifth cohort starting in January 2023.
Web3 payments startup SphereOne raises $2.5m to build crypto for grandmas
SphereOne, a crypto payment platform that allows users to make purchases with any cryptocurrency, across any blockchain, announced the closing of a $2.5 million seed round.
German AI-powered road infrastructure SaaS startup vialytics nabs $10m Series A funding to accelerate global expansion
European market AI-powered road infrastructure SaaS startup vialytics has secured a $10 million Series A investment led by venture capital investor Scania Growth Capital.
[Column] Mikhail Marchenko: Major fintech trends that will affect online businesses in 2023
Digitalization and technological achievements, which have been observed in the African region for the past decade, have sped up the inevitable processes in fintech, changing its landscape completely.
African mobile game publisher Carry1st raises $27m funding round to accelerate growth
African mobile game publisher Carry1st, has raised $27 million in a funding round led by BITKRAFT Ventures, featuring participation from Andreessen Horowitz (a16z), TTV Capital, Alumni Ventures, Lateral Capital, Kepple Ventures, and Konvoy.
African startups land deals at European tech events
Seven African tech companies wooed investors, networked and showcased their products at two of the world’s biggest tech gatherings in Europe.
Former CEO of BMW Manufacturing Knudt Flor joins South Carolina startup Delta Bravo
Retired BMW Manufacturing CEO Knudt Flor has been appointed to the newly created advisory board at predictive analytics company Delta Bravo Artificial Intelligence (Delta Bravo AI).
Matchstick Ventures-backed startup Bean emerges from stealth to democratize the market for accounting services
Bean, a Matchstick Ventures-backed digital accounting startup, announced it emerged from stealth to democratize the market for accounting services.
Swedish solar power startup SunRoof raises €13.5m growth round to expand across Europe and the US
Swedish solar power startup SunRoof announced it has raised €13.5 million growth round extension to bring its pioneering solar roof system to more homeowners worldwide.
Deal Box launches venture arm to invest $125m in foundational Web 3 technologies
Deal Box, a capital markets advisory and secure token offering packaging platform, announced the launch of Deal Box Ventures, a venture arm that will invest $125 million in startups that leverage foundational Web 3 technologies.
Innovation scale-up Wazoku launches Mindpool SME to help small businesses capture employee insights
Innovation scale-up Wazoku announced it has launched Mindpool SME, an employee insights dashboard that makes it simpler & faster for SMEs to listen to, understand, and act on employee insights.
Future-of-work platform gigaroo launches out of stealth to transform the service industry employment market
gigaroo, the future-of-work platform that matches service industry employers with relevant Gen-Z job-seekers, announced it has raised multi-million dollar pre-seed round of investment from ATX Venture Partners.
Agritech startup EarthOptics secures $27.6m Series B funding to advance data-driven agriculture through actionable soil insights
EarthOptics, a pioneer in soil measurement and insights, announced a $27.6 million round of funding led by Conti Ventures.
Metaverse development startup Virtualtech Frontier secures seed funding to further develop its Mitoworld platform
Virtualtech Frontier (VTF), a metaverse development company, has secured seed round funding from Blockchain Founders Fund (BFF), joining forces with seed investor 500 Global.
Trackunit acquires German construction tech startup Flexcavo to accelerate growth
Global IoT services provider Trackunit, announced it has closed a deal for Germany's construction tech startup Flexcavo, enabling the telematics specialist to extend its reach in the contractor market.
Tax and accounting solution provider TaxBit acquires digital asset accounting startup Tactic
TaxBit, the tax and accounting provider for the digital asset economy, announced the acquisition of Tactic, a digital asset financial accounting platform that offers a streamlined accounting subledger.
London-based hospitality tech startup HotelRunner snaps $6.5m investment to accelerate global growth
HotelRunner, the global hospitality and travel technology provider, announced the closing of $6.5 million Series A round to accelerate global growth.
Kenyan fintech startup Kwara raises $3m seed extension
Kenyan fintech startup Kwara has raised a $3 million seed extension. The new investment was led by existing backers DOB Equity, Globivest and the founder of Kobalt Music.
Wallet-as-a-service startup MSafe raises $5m seed round to develop multi-signature solutions
MSafe (Momentum Safe), a trailblazer in developing the first multi-signature wallet solution on the Aptos / Move ecosystem, announced the completion of a $5 million seed round.
Herself healthtech startup raises $7m funding, opens first clinic to transform advanced primary care for women
Herself Health, a healthcare technology company designed to deliver advanced primary care to women over 65, received $7million seed round funding led by founding partner Juxtapose.
Italian biotech startup Diamante closes €595K seed round to accelerate growth
Diamante, a female-led Italian biotechnology company focused on the use of plants for producing high value-added molecules, closes €595K as a second seed round led by Arieli Capital.
Latvia-based startup Aerones raises $30m to scale its robot-enabled services globally
Aerones, the Latvia-based robot-enabled wind turbine maintenance and inspection startup, announced it has secured $30 million in growth capital to scale its business globally.
AI-powered sales assistant Attention raises $3.1m funding
Attention, the AI-powered sales assistant helping teams overcome inefficiencies at every stage of the sales cycle, announced its $3.1 million funding round led by Eniac Ventures.
Terramera creates enrichAg to commercialize transformative soil analysis platform with $6m from At One Ventures
Terramera announced the formation of its new majority-owned subsidiary, enrichAg, which will focus on commercializing its soil enrichment platform. The seed round is led with a $6 million investment from AOV.
Contextual marketing startup Digiphy connects brands directly to customers one scan at a time
Digiphy, a contextual marketing startup is disrupting the status quo by empowering brands to connect directly with customers from every product and physical touchpoint.
Interviews.
[Startup Weekly] Venkatesh C.R., CEO, Dot Com Infoway, India
Dot Com Infoway (DCI) is a CMMI Level 3 multi-national IT company and a player in custom software development, Web Development, Internet Marketing, Open Source Solutions, mobile application marketing ...read this interview here
[Startup Interview] Manoj Ranaweera, CEO, SkilledUp Life, UK
SkilledUp Life is a UK-based two-sided marketplace for anyone, volunteers, to gain new experiences and build skills free of charge, and for bootstrapped tech startups, companies, to fill skills gaps in their teams with free talent ...read this interview here
[Startup Interview] Roman Bysko, CEO, Meredot, Latvia
Meredot is a Latvia-based mobility infrastructure startup that develops electric fueling stations to charge an e-scooter wirelessly and help cities thrive by resolving mobility issues and maximizing the benefits of micro-mobility ...read this interview here