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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 963191 | Tags:

Slovenian healthtech startup MESI selected to join Google for Startups Accelerator, Europe
Published: 20-10-2021 | 15:57:00 | By: Pie Kamau
Slovenian healthtech startup MESI has been selected to join the Google for Startups Accelerator, Europe. The current three-month Google Accelerator programme brings together 15 of the most promising European tech startups in healthcare and well-being.


Tech-enabled PR startup Press Hook secures $1.5m funding to accelerate growth
Published: 20-10-2021 | 15:40:00 | By: Pie Kamau
Press Hook, a Brooklyn based, tech-enabled, public relations platform, announced $1.5 million in venture-funding after a successful year of growth, led by Emergent Ventures, The Fund and TnT Ventures.


Subscription Management startup Chargebee partners with Worldline to improve customer engagement and retention
Published: 20-10-2021 | 15:28:51 | By: Pie Kamau
Worldline and Chargebee announced collaboration to provide an end-to-end payment, subscription and revenue operations solution for merchants operating in a subscription model.


Nortal acquires minority stake in cybersecurity startup Talgen
Published: 20-10-2021 | 15:19:00 | By: Pie Kamau
Digital transformation company Nortal has entered into a definitive agreement to acquire minority stake in the cybersecurity startup Talgen to bolster cybersecurity capabilities and unlock new opportunities in Europe, North America, and the GCC countries.


Israeli deep learning development startup Deci raises $21m to accelerate commercial growth
Published: 20-10-2021 | 15:03:00 | By: Pie Kamau
Deci, the deep learning development company that helps enterprises build, optimize, and deploy AI to production, announced it has raised a $21 million Series A round led by New York-based global private equity and venture capital firm Insight Partners.


Israeli bio-convergence startup X-trodes completes $4.5m seed round to improve quality of life, reduce hospital workload
Published: 19-10-2021 | 09:24:00 | By: Pie Kamau
X-trodes, a bio-convergence company that developed wearable technology for advanced electrophysiological measurement and analytics, has raised a $4.5 million seed round to improve the quality of life and reduce hospital workload


Indian edtech startup ConveGenius raises $5m pre Series A funding to accelerate growth
Published: 19-10-2021 | 09:04:00 | By: Pie Kamau
Indian edtech startup ConveGenius AI has raised $5 million in Venture Capital funding to grow its conversational AI platform in India and South-East Asian markets.


Berlin-based on-demand delivery startup Gorillas secures close to $1b Series C funding, the largest European round in its sector to date
Published: 19-10-2021 | 08:45:00 | By: Pie Kamau
Gorillas, the European market player in instant on-demand grocery delivery, has successfully raised close to $1 billion in Series C funding round, being the largest funding of a non-listed business Europe's grocery delivery sector has seen to date.


Nigerian e-Commerce startup Sendbox raises $1.8m to digitize deliveries for African SMEs
Published: 19-10-2021 | 08:01:00 | By: Pie Kamau
Nigerian e-Commerce fulfillment startup Sendbox announced the completion of $1.8 million seed round from investors including 4DX Ventures, Enza Capital, FJLabs and Golden Palm Investments.


Google selects nine Kenyan startups to receive equity-free funding via its Africa Investment Fund
Published: 19-10-2021 | 07:40:00 | By: Pie Kamau
During its very first “Google for Africa” event held early this month, Google announced it will be investing up to $50 million in African early- and growth-stage startups via its Africa Investment Fund.


Paris-based music experience startup Stage11 raises €5m seed round to reimagine music for the metaverse
Published: 15-10-2021 | 12:29:00 | By: Pie Kamau
Immersive music experience startup Stage11 announced it has raised a €5 million euro seed round led by Otium Capital, a European venture capital fund, backed up by founder and CEO, Jonathan Belolo.


Canadian energy startup Pani secures $8m to scale up AI solution to improve water and energy efficiency in water treatment facilities
Published: 15-10-2021 | 12:01:00 | By: Pie Kamau
Pani, a Canadian software-as-a-service (SaaS) company, announced the completion of an oversubscribed $8 million CAD capital raise.


Insurance startup Branch partners with SimpliSafe to offer proactive protection, affordable home ssecurity to its members
Published: 15-10-2021 | 11:43:00 | By: Pie Kamau
Branch, the startup that pioneered instantly-bundled home and auto insurance, announced a partnership with SimpliSafe, maker of security systems, to offer its members significant discounts on their home insurance.


Google to invest $50m equity-based fund in African startups
Published: 15-10-2021 | 10:57:00 | By: Pie Kamau
Tech giant Google announced it plans to invest up to $50 million in African early- and growth-stage startups via its Africa Investment Fund.


Pan-African fintech startup Carbon partners with Network International to boost digital payment offering
Published: 15-10-2021 | 10:46:07 | By: Pie Kamau
Pan-African fintech startup and digital bank Carbon Bank has partnered with Network International, an enabler of digital commerce across Africa and the Middle East, as part of its plan to boost its digital payment offering.


African fintech startup Payday raises $1m pre-seed to build Africa’s PayPal
Published: 15-10-2021 | 10:38:00 | By: Pie Kamau
Payday, a Pan-African financial technology company has raised one million dollars to build out what they believe will be the “PayPal” for Africa.


India car search startup CarDekho joins unicorn club after $250 million fundraise
Published: 13-10-2021 | 14:08:06 | By: Bob Koigi
It is the largest ever fundraise by CarDekho and the proceeds will be used to accelerate CarDekho’s growth in the Used Car transactions, Financial services and insurance businesses.


Singapore-based POS startup Qashier adopts anti-money laundering technology
Published: 13-10-2021 | 14:03:31 | By: Bob Koigi
Founded by Christopher Choo and Frank Zhao in February 2019, Qashier’s advanced platform powers small and medium sized retail and F&B businesses by combining a smart POS system, integrated payment acceptance, and advanced software solutions which include table management, online ordering and customer loyalty.


UK startup ComplyCube boosts SaaS offering with multi bureau checks to tackle identity fraud
Published: 13-10-2021 | 13:58:27 | By: Bob Koigi
ComplyCube, the identity verification provider, has launched a multi-bureau verification service underpinned by a comprehensive set of credit agency data, government sources, and propriety databases.


German HR startup Personio raises $270 million funding, launches new software
Published: 13-10-2021 | 13:52:53 | By: Bob Koigi
Personio, Europe’s HR software company for small and mid-sized businesses, has announced People Workflow Automation, a new category of software.


[Startup Interview] Femi Apesin, OnePipe Growth & Marketing Lead, Nigeria
Published: 08-10-2021 | 14:07:00 | By: Pie Kamau
Femi Apesin is the Head of Growth and Marketing at OnePipe, a Nigerian startup that has raised almost US$1 million in a pre-seed round with a plan to make API integration seamless for banks and fintech companies.


Berlin-based startup Made of Air raises €5m seed round to make thermoplastics for Audi, H&M Group and other companies
Published: 08-10-2021 | 13:54:00 | By: Pie Kamau
Made of Air, the carbon negative materials startup that turns wood waste into thermoplastics, announced a €5 million in seed funding, led by Norwegian sustainability-focused family fund.


Israeli startup RepAir Carbon closes $1.5m seed round to develop cell for modular Direct Air Capture
Published: 08-10-2021 | 13:37:00 | By: Pie Kamau
Israeli startup RepAir Carbon closed a $1.5m seed round to develop cell for modular Direct Air Capture inspired by fuel cell technology. The seed funding will allow the RepAir team to refine the company's existing prototype cell.


Singapore gaming startup OP Games raises $8.6m to bridge game developers to Web 3.0
Published: 08-10-2021 | 13:16:00 | By: Pie Kamau
OP Games, a startup that enables game developers to monetize their work using Web 3.0, raised $8.6 million of seed funding.


APX Platform announces oversubscribed seed round investments by 20% within 60 days
Published: 08-10-2021 | 13:06:00 | By: Pie Kamau
APX Platform, the aesthetic industry's only cloud-based, business intelligence, training, educational and data analytics platform for aesthetic practices, has oversubscribed its seed round investments by 20 percent within 60 days.


Singapore cybersecurity startup BitTrap develops detection technology to address surge in cyberattacks
Published: 07-10-2021 | 13:52:00 | By: Pie Kamau
Singapore cybersecurity startup BitTrap announced a blockchain-based cybersecurity solution that leverages attackers' motivations to provide singular detection capabilities.


MXP Ventures announces $10m venture capital fund to propel next-gen of agency startups
Published: 07-10-2021 | 13:43:00 | By: Pie Kamau
Global incubator MXP Ventures announced the establishment of a $10 million venture fund to invest in new agency startups globally. The fund will focus on building and rapidly scaling new agencies across the marketing services spectrum.


South Korean startup Aniai to participate in Microsoft for Startups Global Grand Final program
Published: 07-10-2021 | 12:25:31 | By: Pie Kamau
Korean startup Aniai, a member of Born2Global Centre, got selected as one of the 10 companies that will participate in Microsoft for Startups. Aniai has developed a labor solution for quick service restaurants by building a robotic kitchen.


Start-Up Nation Central signs MoU with TiE to boost technological innovation of Israeli and Indian startups
Published: 07-10-2021 | 11:40:00 | By: Pie Kamau
Israeli not-for-profit Start-Up Nation Central signed a Memorandum of Understanding with TiE to achieve full implementation of sustainable Israeli and Indian technologies in the foodtech sector.


Westchester Angels announces first exit opportunity, parlays early fintech investment into major win
Published: 06-10-2021 | 14:46:00 | By: Pie Kamau
Investment group Westchester Angels announced its first exit opportunity, providing significant returns to a group of local investors and highlighting their intuition for spotting growth opportunities.


PHYTunes startup closes $1.5m seed round to develop solution for full 5G inside residential, commercial buildings
Published: 06-10-2021 | 14:32:00 | By: Pie Kamau
PHYTunes, a player in 5G at the Edge and wireless-wireline convergence, announced it has close its seed round of $1.5 million with investors Deutsche Telekom´s hub:raum.


Rendered.ai startup raises $6m to expand developer framework for synthetic data
Published: 06-10-2021 | 14:14:00 | By: Pie Kamau
Rendered.ai announced the closing of a $6 million seed round to expand staffing and operations to scale up the Rendered.ai Platform as a Service that supports data scientists, engineers, and business innovators.


Japanese startup Autify raises $10m Series A to advance software testing automation through no-code solution
Published: 06-10-2021 | 13:29:00 | By: Pie Kamau
Autify, a no-code AI-powered software testing automation platform, announced today that it has raised $10 million in Series A funding. Leading the round is World Innovation Lab (WiL).


European startup CircuitMess partners with Warner Brothers Consumer Products to launch STEM-based autonomous Batmobile
Published: 05-10-2021 | 16:30:26 | By: Pie Kamau
CircuitMess announced its licensing deal with Warner Brothers and its Kickstarter campaign for the CircuitMess Batmobile, designed to teach children seven and up about engineering and autonomous driving.


Insurtech startup VOOM raises $15m to provide usage-based insurance to underserved mobility segments
Published: 05-10-2021 | 16:17:00 | By: Pie Kamau
VOOM, creators of innovative insurance products for underserved mobility segments, announced $15 million in funding to expand its usage-based insurance model to additional mobility verticals.


Global Alts launches Unicorn Technology Fund II to provide investors access to private companies, create technological innovations for the future
Published: 01-10-2021 | 12:07:00 | By: Pie Kamau
Global Alts announced the launch of Unicorn Technology Fund II, to acquire a portfolio of late stage, venture-backed technology companies.


Frame Fitness startup raises $5m seed round to launch at-home digitally-connected pilates reformer
Published: 01-10-2021 | 11:44:00 | By: Pie Kamau
Frame Fitness was met with immediate interest from pioneers in the fitness industry and closed a $5 million seed financing round with substantial oversubscription, to launch first at-home digitally-connected pilates reformer.


UK-based music distribution startup Blarecast Systems closes seed round to harness the power of BSV blockchain
Published: 01-10-2021 | 11:20:00 | By: Pie Kamau
Blarecast Systems, the UK-based startup aiming to provide an elegant and equitable solution for the music industry with BSV blockchain technology, has closed a seed funding round.


German constructiontech startup Schüttflix raises $50m in additional financing, prepares to go international
Published: 01-10-2021 | 10:59:00 | By: Pie Kamau
After delivering more than 100,000 shipments in Germany, constructiontech startup Schüttflix announced it has raised $50 million of additional capital.


Silicon Valley-based VC firm BGV raises $110m to focus on Enterprise AI and cross-border investments
Published: 01-10-2021 | 10:45:00 | By: Pie Kamau
Silicon Valley-based venture capital (VC) firm Benhamou Global Ventures (BGV), which invests in Enterprise 4.0 companies globally, announced its fourth fund, closing at $110 million, 60% larger than its third fund.


ShipHero opens accelerator program to support emerging e-Commerce startups
Published: 30-09-2021 | 16:50:00 | By: Pie Kamau
ShipHero, the shipping and logistics provider for over 5,000 e-commerce brands and 3PLs, announced a new accelerator program for e-Commerce startups looking to supercharge their businesses with best-in-class warehouse management software.


Unilever invites startups to partner through Positive Beauty Growth Platform
Published: 30-09-2021 | 16:19:00 | By: Pie Kamau
Unilever announced the launch of the Positive Beauty Growth Platform, a new initiative which aims to partner with scaleups and startups to drive innovation and brand growth.


Proptech startup Nomad Homes raises $20m to digitize residential real estate across Europe, Middle East and Africa
Published: 30-09-2021 | 15:42:00 | By: Pie Kamau
Nomad Homes, a property technology startup that offers an end-to-end buyer experience for real estate across Europe, the Middle East and Africa, has closed a $20 million Series A funding round.


South African fintech firm Ukheshe partners with Chipper Cash startup to accelerate rollout out of digital payment offerings
Published: 30-09-2021 | 15:29:32 | By: Pie Kamau
South African fintech firm Ukheshe Technologies has partnered with Chipper Cash to enhance and accelerate the rollout out of Chipper’s digital payment offerings.


Canadian precision-farming startup Semios raises $100m in capital to expand agtech platform globally
Published: 29-09-2021 | 13:53:00 | By: Pie Kamau
Semios, a precision-farming platform and one of the world's largest independent agtech solutions providers, announced it has raised $100 million in funding led by Morningside Group, a Boston-based private equity and venture capital firm.


Israeli startup Appwrite raises $10m to build open source alternative to Google's firebase
Published: 29-09-2021 | 13:23:00 | By: Pie Kamau
Appwrite, the open source Backend-as-a-Service (BaaS) platform for web, mobile and flutter developers, announced it has raised $10 million in a seed round led by Bessemer Venture Partners and Flybridge with participation of Ibex Investors and Seedcamp.


Starfish Space startup raises $7m to develop Otter space tug
Published: 29-09-2021 | 13:05:00 | By: Pie Kamau
Starfish Space, a satellite servicing company founded by former Blue Origin engineers, announced it has raised a $7 million funding round co-led by NFX and MaC Venture Capital, with participation from PSL Ventures, Boost VC, Liquid2 Ventures, and Hypothesis.


New York-based Art+Tech accelerator receives funding to invest in art-fueled startups
Published: 28-09-2021 | 15:45:00 | By: Pie Kamau
New York-based Art+Tech accelerator Fuelarts returns after raising $500K from philanthropic funders. Launched in late 2019 by former Christie's COO Roxanna Zarnegar and serial entrepreneur Denis Belkevich, Fuelarts was forced to scale back its operations due to the pandemic.


Africa's crypto exchange Yellow Card raises $15m Series A funding to fuel expansion across the continent
Published: 28-09-2021 | 15:32:00 | By: Pie Kamau
Pan-African cryptocurrency exchange, Yellow Card, announced a $15 million Series A, the largest ever by an African cryptocurrency exchange, to ramp up hiring and continue its expansion across the continent.


EMURGO launches $100m Cardano ecosystem investment vehicle for early and growth stage startups
Published: 28-09-2021 | 15:19:00 | By: Pie Kamau
EMURGO, the official commercial arm of the Cardano blockchain, announced the launch of a new Cardano ecosystem investment vehicle to invest into early startup and growth stage companies focused on building socially impactful solutions powered by Cardano.


Alberta tech startups to plug into global innovation system through new business accelerator
Published: 24-09-2021 | 14:12:00 | By: Pie Kamau
Alberta tech entrepreneurs and startups will soon have access to an accelerator with worldwide reach that will help them grow their businesses.


Industrial automation startup Agtonomy launches out of stealth to address farm labor crisis with $4m seed round
Published: 24-09-2021 | 13:58:00 | By: Pie Kamau
Agtonomy, a hybrid autonomy and tele-assist service platform, launched out of stealth and announced a $4 million seed round from Grit Ventures, GV (formerly Google Ventures), and Village Global.


German startup Focused Energy raises $15m seed round to pursue commercial fusion energy production
Published: 23-09-2021 | 16:15:00 | By: Pie Kamau
Focused Energy, a laser fusion startup dedicated to developing fusion as a means of generating clean alternative energy, announced the successful completion of $15 million in seed funding.


Delivery startup Glovo expands its African footprints
Published: 23-09-2021 | 16:02:01 | By: Pie Kamau
Leading multi-category delivery platform Glovo recently announced the expansion of its operations in Africa, to include Ghana and Tunisia, bringing its current operations to a total of seven countries on the continent.


[Column] Patrick Ndegwa: Growing a successful tech startup in Kenya, 4 key elements
Published: 23-09-2021 | 15:55:00 | By: Pie Kamau
The tech scene in Kenya is thriving. Even amid a global pandemic, economic uncertainty, and election fever, our dynamic African country has found a way to cut through the clutter and establish itself as the world’s ‘Silicon Savannah’.


Nigerian fintech startup Infibranches secures $2m funding from All On to drive growth in the renewable energy sector
Published: 23-09-2021 | 15:43:00 | By: Pie Kamau
Shell-funded impact investment company All On announced a $2 million investment in fintech company, Infibranches Technologies, to help bridge the energy distribution gap in underserved rural and peri-urban areas of Nigeria.


UCLG Africa and 01Talent Africa target over 500,000 youth with digital training
Published: 23-09-2021 | 13:00:00 | By: Bob Koigi
The UCLG Africa - 01Talent partnership aims to train more than 500,000 talents on the continent free of charge and according to the best global standards over the next 10 years.


Rose Technology startup raises $5.5m seed round to change the way companies generate revenue from data
Published: 22-09-2021 | 16:46:00 | By: Pie Kamau
Rose Technology, founded by data scientist and former global macro investor Alexander Campbell, raised $5.5 million to change the way data-driven companies collect, analyze, and generate revenue from data.


Employee wellness early-stage tech startup Three Good announces seed round to fuel growth
Published: 22-09-2021 | 16:16:00 | By: Pie Kamau
A new employee wellness technology startup based in Los Angeles, Three Good, announced its seed round of funding. The employee well-being platform leverages Artificial Intelligence (AI) and traditional Psychology best practices to beat employee burnout.


Will Smith's Dreamers VC backs $4m funded fintech startup Front to take on wall street, arm investors with better insights
Published: 22-09-2021 | 14:53:00 | By: Pie Kamau
Front, a strategic investment platform and companion app to Robinhood, Coinbase, Stash, and more that helps guide better investment decisions for new investors, announced the launch of its new app with funding from Will Smith's Dreamers VC.


Chinese warehouse robotics startup HAI ROBOTICS secures $200m funding to accelerate growth
Published: 22-09-2021 | 14:26:00 | By: Pie Kamau
HAI ROBOTICS, a Chinese warehouse robotics startup pioneering in autonomous case-handling robotics (ACR) system, announced it has secured two new continuous rounds of financing, garnering $200-odd million in total.


Chinese intelligent robotics startup Agile Robots completes Series C financing to accelerate growth
Published: 21-09-2021 | 10:41:12 | By: Pie Kamau
Agile Robots, an intelligent robotics company, announced the completion of a Series C financing with a total investment of $220 million. The financing was led by SoftBank Vision Fund 2, followed by financial investors.


TDK Ventures invests in seed round for dry lithium-ion electrode manufacturing startup, AM Batteries
Published: 21-09-2021 | 09:45:00 | By: Pie Kamau
TDK Corporation announced that subsidiary TDK Ventures has invested in AM Batteries (AMB) to support the commercialization of its dry electrode coating technology that improves the manufacturing of lithium-ion batteries.


Egyptian healthtech startup Sotech raises $1m in pre-seed funding to fuel growth
Published: 21-09-2021 | 08:43:00 | By: Pie Kamau
Sotech, an Egyptian e-health startup that specializes in smart IoT, trackable OOH advertising, and data gathering has raised $1 million in pre-seed funding round to scale its operations into the rest of the MENA region.


Online group therapy startup Grouport raises $1.5m series seed round to provide therapy for chronic psychological disorders
Published: 17-09-2021 | 13:04:00 | By: Pie Kamau
Grouport, an online group therapy service that's making group treatment widely accessible for chronic psychological disorders, announced a $1.5 million series seed round led by XV Venture Capital.


Biotech startup Elevian raises $40m Series A to advance treatments for stroke recovery and age-related diseases
Published: 17-09-2021 | 12:24:00 | By: Pie Kamau
Elevian, an emerging biotech company developing medicines that restore youthful regenerative capacity with the potential to treat and prevent multiple age-related diseases, announced it raised $40 million in an oversubscribed Series A round led by Prime Movers Lab.


Berlin-based Workist exits stealth to create global AI business connectivity layer
Published: 17-09-2021 | 11:39:10 | By: Pie Kamau
Workist, the company applying cutting-edge, deep-learning technology to automate business transactions, exited stealth and introduced its flagship product WorKI, an intelligent document processing tool that leverages advanced artificial intelligence.


Construction tech startup KEWAZO raises $5m Series A funding to scale robotic fleet in scaffolding industry
Published: 16-09-2021 | 13:26:00 | By: Pie Kamau
KEWAZO, a player in construction robotics, announced it has closed a $5 million series A funding round, bringing the total amount raised to $9 million.


Nigerian agritech startup Releaf secures $4.2m funding to drive industrialisation of food processing in Africa
Published: 16-09-2021 | 13:05:00 | By: Pie Kamau
Nigeria's agritech startup Releaf, which develops proprietary hardware and software solutions to industrialize food processing, raised $2.7 million in seed funding and grants.


Canadian machine learning startup Private AI secures $3.15m seed round to streamline privacy compliance for enterprises
Published: 16-09-2021 | 12:47:00 | By: Pie Kamau
Private AI, a developer of privacy-preserving machine learning and natural language processing tools, announced it has secured $3.15 million in seed funding to improve its product offering.


Insurtech startup NEXT Insurance renews commitment to small businesses with integrated strategic rebrand
Published: 16-09-2021 | 12:13:00 | By: Pie Kamau
NEXT Insurance, the digital insurtech company transforming small business insurance, announced its strategic rebrand which will integrate small business owners from across the country into every part of the company's business, culture and ethos.


Illumina Accelerator invests in seven genomics startups for 3rd global cycle
Published: 16-09-2021 | 11:55:00 | By: Pie Kamau
Illumina has selected seven new genomics companies to join the third global funding cycle of Illumina Accelerator. The global company creation engine, focused on partnering with entrepreneurs to build breakthrough genomics startups.


ITRI partners with Arm to provide resources for innovative IC design startups in Taiwan
Published: 15-09-2021 | 16:49:37 | By: Pie Kamau
To promote Taiwanese local IC design startups, the Industrial Development Bureau (IDB) under the Ministry of Economic Affairs (MOEA) is supporting the Industrial Technology Research Institute (ITRI) and Arm, in providing critical resources.


Canadian machine learning startup CruxOCM raises $6m venture financing to accelerate growth
Published: 15-09-2021 | 16:31:00 | By: Pie Kamau
CruxOCM, the pioneer of robotic industrial process automation (RIPA) for control room operations, announced it has raised $6 million in venture financing to fuel growth.


Tech startup KUDO launches live captioning for multilingual meetings
Published: 14-09-2021 | 16:23:01 | By: Pie Kamau
KUDO Inc., the multilingual meeting SaaS company built around a B2B managed marketplace powered by the largest network of professional conference interpreters, announced the addition of live captioning to its list of platform features.


Lectra joins Plug and Play open innovation ecosystem
Published: 14-09-2021 | 16:12:27 | By: Pie Kamau
Major global player in the 4.0 Industry for the fashion, automotive, and furniture market, Lectra is joining the Brand & Retail program of the Plug and Play network, the world's leading innovation platform connecting startups, investors, and pioneering companies.


Medical software startup Optellum appoints Jason Pesterfield as CEO to drive commercial growth in the US
Published: 14-09-2021 | 16:02:00 | By: Pie Kamau
Optellum, a medical software startup based in Oxford, UK, has appointed Jason Pesterfield as CEO to lead growth in the US clinical market. Optellum is a leader in AI-based software that transforms early lung cancer diagnosis and therapy.


Silicon Valley Bank establishes physical presence in Miami
Published: 14-09-2021 | 15:38:32 | By: Pie Kamau
Silicon Valley Bank (SVB), the bank of the world's innovative companies and their investors, announced a team of commercial bankers have landed permanently in Miami to focus on Florida's dynamic innovation sector.


Huobi Ventures launches $10m fund to accelerate innovative GameFi projects
Published: 14-09-2021 | 15:13:00 | By: Pie Kamau
Huobi Ventures, the global investment arm of Huobi Group, announced the launch of a new $10 million fund to invest in emerging GameFi projects around the world.


Apto Payments acquires fintech startup Vertical Finance
Published: 10-09-2021 | 15:04:17 | By: Pie Kamau
Apto Payments, a next-generation cards and payments company, announced its acquisition of challenger credit card startup, Vertical Finance. The move expands both Apto Payments' product offerings and team.


Blockchain startup Zaimirai acquires Dash Masternode Hosting Operation from NODE40
Published: 10-09-2021 | 14:52:48 | By: Pie Kamau
Zaimirai, a startup blockchain services provider, announced the acquisition of the Dash Masternode Hosting Division of NODE40. The deal enables Zaimirai to build out its blockchain hosting services using the market-tested platform created by NODE40.


ActZero startup announces U.S. distribution relationship with Ingram Micro's Emerging Business Group
Published: 10-09-2021 | 14:43:00 | By: Pie Kamau
Managed Detection and Response (MDR) startup ActZero, announced a strategic distribution agreement with Ingram Micro Inc. and its Emerging Business Group, which offers providers high-touch services, specialization and speed to market.


Tech startup Normal receives investment to empower small businesses with innovative robo-consultant
Published: 10-09-2021 | 14:31:35 | By: Pie Kamau
As the Covid-19 pandemic and global warming continue to impact the world, Normal is building a digital platform that allows MSMEs to modernize their operations and implement sustainable and profitable growth.


Madagascar Time startup launches charity cryptocurrency $TIME to fight climate change
Published: 10-09-2021 | 13:56:00 | By: Pie Kamau
Madagascar Time startup has launched $TIME, the new cryptocurrency focused on charity work around the globe. Backed by an international team, $TIME combines unprecedented technology in the crypto space with social entrepreneurialism.


Tech startup SIMBA Chain raises $25m in Series A funding to accelerate growth
Published: 08-09-2021 | 13:13:00 | By: Pie Kamau
SIMBA Chain , the technology company that eliminated the complexities of blockchain app development and reduced energy usage, thus opening the door to a world of users, has closed a $25 million Series A funding round led by Valley Capital Partners.


Tango raises $5.7m seed round to launch workflow intelligence platform and transform documentation
Published: 08-09-2021 | 12:35:00 | By: Pie Kamau
Tango, the workflow intelligence platform that streamlines the process of creating documentation, announced it raised $5.7 million in seed funding to launch workflow intelligence platform and transform documentation.


AI startup DataChat closes $25m Series A round to continue democratizing data analytics
Published: 08-09-2021 | 11:53:00 | By: Pie Kamau
DataChat, Inc., a software company that's revolutionizing data analytics, announced the closing of a $25 million Series A funding round led by Redline Capital and Anthos Capital.


Sports investing platform PredictionStrike raises $1.7m capital, launches new mobile app
Published: 08-09-2021 | 11:33:00 | By: Pie Kamau
Sports investing platform PredictionStrike announced its partnership with MaC Venture Capital and New Age Capital, as well as the launch of the company's new mobile app.


Foodtech startup GrubMarket acquires Bartolotta, further expands in Eastern US and Canada
Published: 07-09-2021 | 16:04:00 | By: Pie Kamau
Food technology startup GrubMarket announced it has completed the acquisition of Bartolotta, a full-service provider of fresh fruits and vegetables to customers in New England, the Mid-Atlantic and Eastern Canada.


Israeli insurtech startup Vesttoo joins NVIDIA Inception to further develop AI-based technologies
Published: 07-09-2021 | 15:38:30 | By: Pie Kamau
Israeli insurtech startup Vesttoo announced it has joined NVIDIA Inception, a program designed to nurture companies revolutionizing industries with advancements in AI and data sciences.


Travel adventure startup YouTravel.Me raises $1m to strengthen its position in the US
Published: 07-09-2021 | 15:29:00 | By: Pie Kamau
YouTravel.Me, an algorithm-powered online platform for booking small group adventure travel organized by travel experts, announced it has secured $1 million in funding.


Israeli startup Quantum Machines raises $50m to make quantum computers ubiquitous and disruptive across all industries
Published: 07-09-2021 | 15:07:00 | By: Pie Kamau
Tel Aviv based startup Quantum Machines, creator of the Quantum Orchestration Platform, announced it has secured $50 million in Series B funding to expand its growth into quantum cloud computing and drive its worldwide distribution.


[Startup Interview] Wibe van de Vijver, Co-Founder, Mohi, Netherlands
Published: 06-09-2021 | 12:02:42 | By: Bob Koigi
Mohi is a media startup that has created a platform where users can remove the clutter and build a space where they can organize a selection of their most enjoyable content experiences and share the absolute highlights with their inner circle.


[Startup Interview] Marcel van der Heijden, Co-Founder, GoodKarma, Netherlands
Published: 03-09-2021 | 15:23:44 | By: Bob Koigi
GoodKarma is a Dutch startup that works with brands to create unique experiences by offering them a host of services across branding, content, marketing, commerce and social media among others.


[Startup Interview] Marco Abele, Co-Founder, OneFor, Netherlands
Published: 03-09-2021 | 13:44:00 | By: Bob Koigi
OneFor is a fintech startup that offers various mobile money applications and technical services, including account, payment and card services. Its card solution is supported by Mastercard International. The startup’s Co-Founder Marco Abele elaborates.


[Startup Interview] Marsha Goei, Co-Founder, Breeze, Netherlands
Published: 03-09-2021 | 13:35:00 | By: Bob Koigi
Breeze is a Dutch-based startup that seeks to make online dating revolve around offline encounters again. It embraces technology to enhance human connection instead of replacing it.


Tech startup Spinach raises $2.75m pre-seed round for Zoom meeting integration
Published: 02-09-2021 | 13:49:00 | By: Pie Kamau
Spinach, one of the first Zoom Apps partners aimed at helping distributed teams be more effective, announced $2.75 million in pre-seed funding led by Cardumen Capital.


Wine & spirits e-Commerce startup Speakeasy Co. raises $2m seed round to accelerate growth
Published: 02-09-2021 | 13:29:00 | By: Pie Kamau
Speakeasy Co., a technology company and e-commerce platform for the wine & spirits industry, announced a $2 million seed round led by Trog Hawley Capital LLC with participation from other notable investors.


Next-gen research platform Litmaps closes $125K seed-stage investment from Quidnet Ventures
Published: 02-09-2021 | 12:55:00 | By: Pie Kamau
Litmaps, a Science software company based in Wellington, New Zealand has received NZ$125,000 in funding from Quidnet Ventures, a New Zealand-based venture capital fund with operations in Auckland, NZ, San Francisco and New York.


LG announces global startup competition to recruit new businesses for innovation center
Published: 02-09-2021 | 12:30:00 | By: Pie Kamau
LG Electronics (LG) announced the launch of Mission for the Future, a global challenge competition for startups to identify innovative technologies and business ideas that pave the way to the future.


Sharp Alpha Advisors announces sports betting startup pitch competition in partnership with Sportradar
Published: 01-09-2021 | 13:50:00 | By: Pie Kamau
Sharp Alpha Advisors, a firm specializing in early-stage sports betting technology, and Sportradar, a global provider of sports betting and sports entertainment products and services, have partnered to announce a sports betting startup pitch competition.


Videogame startup Nifty Games raises $38m capital to redefine mobile sports games
Published: 01-09-2021 | 13:32:00 | By: Pie Kamau
Nifty Games, a videogame developer and publisher focused on quick-session, head-to-head sports games for mobile, raised $26 million in a Series B round of equity funding led by Vulcan Capital. In addition, the company has secured $12 million in connected debt financing.


DLA Piper advises investment analytics platform Aumni in $50m Series B financing
Published: 01-09-2021 | 13:17:00 | By: Pie Kamau
DLA Piper represented Aumni, an investment analytics platform that provides the data infrastructure for private capital markets, in a $50 million Series B funding round led by J.P. Morgan.


Oddup raises $12.8m Series C funding to increase access to pre-eminent global startup ecosystem insights
Published: 01-09-2021 | 13:07:00 | By: Pie Kamau
Oddup, an international provider of data-driven insights for the startup and cryptocurrency ecosystems, announced the close of a $12.8 million Series C funding round.


Shuttle-hailing startup SWVL completes $35.5m pre-funding to accelerate growth strategy
Published: 01-09-2021 | 12:44:00 | By: Pie Kamau
SWVL, a Dubai-based provider of transformative mass transit and shared mobility solutions, announced that several investors, including Agility and Chimera Abu Dhabi, have completed the pre-funding of $35.5 million of the aggregate PIPE subscription.


South African fintech startup SOL announces rebrand with new virtual card offering
Published: 01-09-2021 | 12:31:00 | By: Pie Kamau
South African fintech startup SOLmate, an online payment platform that offers clients a digital wallet facility, has unveiled a new product offering together with an extensive rebrand and renewed corporate vision.


Recreational vehicle startup RINDEV announces preorder reservations of its experience driven electric side by side
Published: 31-08-2021 | 14:06:00 | By: Pie Kamau
Recreational vehicle disruptor, RINDEV, announced the opening of preorder reservations for their exciting and futuristic electric side by side, designed to address issues of global warming and overall experience.


Insurtech startup Slope Software raises $2m to grow its actuarial modeling platform
Published: 31-08-2021 | 13:23:00 | By: Pie Kamau
Slope Software, the Atlanta insurtech startup that is modernizing actuarial modeling for insurers, announced a $2.0 million investment led by Tech Square Ventures, an early-stage investment firm.


Proptech startup Kocomo raises $56m to tackle cross-border co-ownership of luxury vacation properties
Published: 31-08-2021 | 13:15:00 | By: Pie Kamau
Kocomo, a pre-seed stage proptech startup backed by U.S., European, and Latin American investors, has raised $56 million in debt and equity to tackle cross-border, co-ownership of luxury vacation properties.


Korean space tech startup CONTEC gears up to transform space technology
Published: 31-08-2021 | 13:00:00 | By: Pie Kamau
CONTEC, a Korean startup gearing up to transform the space sector, is working towards providing holistic solutions required for downstream data transmitted by satellites.


Kenyan retail tech startup MarketForce raises $100,000 funding from Harambeans Prosperity Fund
Published: 31-08-2021 | 12:44:00 | By: Pie Kamau
The Harambeans Prosperity Fund, a donor advised investment vehicle formed through the Harambe Entrepreneur Alliance’s network of prominent families and corporations co-invested $100,000 in Y Combinator Harambean venture MarketForce.


South African fintech firm Ukheshe partners with dzcard to expand digital payment solutions in Asia Pacific
Published: 31-08-2021 | 12:35:47 | By: Pie Kamau
South Africa“s fintech startup Ukheshe which has been on a rapid expansion to different markets has announced a new partnership with global next-generation card solutions and digital security company, dzcard.


Innovative entrepreneurs driving African renaissance
Published: 30-08-2021 | 10:30:00 | By: Bob Koigi
Innovative solutions by African entrepreneurs continue to make local impact while having a global appeal. 


FedTech leverages Converge, a startup studio event to expand access to deep tech
Published: 25-08-2021 | 13:11:17 | By: Bob Koigi
The Department of Homeland Security (DHS) Science & Technology Directorate (S&T) is partnering with FedTech to provide equal and inclusive access to government and university-sourced next-gen deep technologies for entrepreneurs with diverse backgrounds.


Egyptian B2B e-commerce startup MaxAB acquires distribution platform WaystoCap
Published: 25-08-2021 | 13:05:58 | By: Bob Koigi
MaxAB, Egyptian B2B e-commerce platform that serves food and grocery retailers, has acquired WaystoCap, the Morocco-based B2B e-commerce and distribution platform that connects retailers with suppliers across Africa.


Autonomous vehicle insurtech startup Koop Technologies raises $2.5m seed round
Published: 24-08-2021 | 15:22:00 | By: Pie Kamau
Koop Technologies, an insurance technology startup specializing in autonomous vehicle and robotics risks announced its $2.5 million seed funding.


AI startup 3AI joins NVIDIA Inception program
Published: 24-08-2021 | 15:12:00 | By: Pie Kamau
AI startup 3AI announced it has joined NVIDIA Inception, an accelerator program designed to nurture startups revolutionizing industries with advancements in AI and data sciences.


Nigerian mobility startup Plentywaka raises $1.2m seed funding, acquires Ghana’s Stabus
Published: 24-08-2021 | 14:49:00 | By: Pie Kamau
Nigerian mobility startup Plentywaka raised $1.2 million seed round, after successfully ending the Techstars Toronto Accelerator Program in July 2021. The startup also announced it has fully acquired Ghana’s mobility startup Stabus.


Arab Bank launches its fintech accelerator program for startups in Egypt
Published: 24-08-2021 | 14:42:27 | By: Pie Kamau
Arab Bank launched its fintech-focused corporate accelerator program “AB Accelerator” in Egypt, following its successful launch in Jordan back in 2018.


South Korean medtech startup Speclipse attracts $7.7m in investments with its laser spectroscopic and AI medical diagnosis technology
Published: 20-08-2021 | 13:17:00 | By: Pie Kamau
Speclipse, a startup specializing in laser spectroscopic and AI-based medical diagnosis technologies and a member of Born2Global Centre, attracted $7.7 million in investments.


Hiration startup raises $3m to offer its affordable, AI-powered resume-building platform to job seekers
Published: 20-08-2021 | 12:51:00 | By: Pie Kamau
Hiration, the platform that offers world class resources that makes it easy for qualified candidates to create the perfect resumes and find their dream role, announced it has raised $3 million in seed funding from Prime Venture Partners, Venture Highway and Y Combinator.


Healthtech startup bttn. raises $5m seed add-on to modernize medical supply market
Published: 20-08-2021 | 12:16:00 | By: Pie Kamau
Healthtech startup bttn. announced it has closed a $5 million add-on to its seed round led by FUSE. The funds will be used to expand bttn.'s technology, sales, and operations teams wherein it will further expand and refine the platform, foster additional partnerships.


Energy Distribution startup Fuel Me wins Plug And Play's Supply Chain and Logistics Program
Published: 20-08-2021 | 11:55:00 | By: Pie Kamau
Fuel Me, a cloud-based fuel and energy distributor, was selected from a competition with 100 participating companies, for Plug and Play's "Supply Chain and Logistics Program".


Prieto Battery startup raises $5.7m to accelerate development of solid-state advanced rechargeable batteries
Published: 19-08-2021 | 12:15:00 | By: Pie Kamau
Prieto Battery announced it has closed on the first tranche of its $5.7 million Series C Round financing. The investment will accelerate Prieto's development of its proprietary 3D solid-state rechargeable lithium-ion battery.


Startup venture AvenueAR launches first global music delivery platform
Published: 19-08-2021 | 12:04:00 | By: Pie Kamau
Startup music venture AvenueAR announced the launch of its digital music, a delivery platform where independent artists will have the unique opportunity to submit their music material directly to industry professionals.


Fintech startup Pngme raises $15m Series A funding to power the future of financial services in Africa
Published: 19-08-2021 | 11:46:00 | By: Pie Kamau
Fintech startup Pngme raised $15 million in Series A funding as the company sets out to grow its financial data infrastructure and machine learning-as-a-service platform for financial institutions and fintechs across sub-Saharan Africa.


Kenyan fintech startup Kwara selected for Mastercard Start Path program
Published: 19-08-2021 | 11:42:09 | By: Pie Kamau
Kenyan fintech startup Kwara is among the 11 startups that have been selected to join the Mastercard Start Path program.


Il Makiage acquires Israeli computer vision startup Voyage81
Published: 18-08-2021 | 13:44:50 | By: Bob Koigi
Il Makiage’s acquisition of Voyage81 will enable the company to use Voyage81’s patented hyperspectral imaging systems to further enhance the company’s machine learning capabilities.


Dialpad for Startups programme empowers founders with reliable business communication solutions
Published: 18-08-2021 | 13:39:00 | By: Bob Koigi
Dialpad for Startups is designed to help early-stage companies grow with best-in-class, unified business communications including voice, messaging, video conferencing and contact center solutions.


Parisian proptech startup WeMaintain raises €30million, eyes US market
Published: 18-08-2021 | 13:36:15 | By: Bob Koigi
WeMaintain’s latest million-dollar cash-backing supports the company’s ambition to manage critical building systems and power smart cities. New investors supplying the €30 million raise are: Red River West, BPI France Digital Ventures, and Swiss Immo Lab.


UNest acquires Kidfund, the savings app designed for children
Published: 18-08-2021 | 13:32:00 | By: Bob Koigi
The acquisition of Kidfund will further accelerate UNest’s growth and deepen the company’s goal to simplify and streamline how parents save and invest for their kids’ future.


Construction tech startup Buildforce closes $4m financing to sustain its revenue growth rate
Published: 17-08-2021 | 13:54:00 | By: Pie Kamau
On the heels of rapid growth, construction tech company Buildforce announced it closed a $4 million round led by TDF Ventures, alongside existing investor Mercury and Austin-based S3 Ventures.


End-to-end e-Commerce startup Cart.com raises $98m Series B to deliver integrated solutions for e-Commerce brands
Published: 17-08-2021 | 13:34:00 | By: Pie Kamau
Cart.com, the end-to-end e-Commerce services provider, announced the close of a $98 million Series B round, bringing the company's total funding since its launch eight months ago to more than $140 million.


Tel Aviv-based innovation hub Drive TLV to expand in the U.S. and Europe
Published: 17-08-2021 | 13:18:00 | By: Pie Kamau
Drive TLV, a unique innovation hub connecting high-tech Israeli startups with major corporate partners around the world, plans to begin working with U.S. and European startup companies next year.


Four Southern Africa’s innovative legal startups proceed to HiiL Justice Accelerator
Published: 17-08-2021 | 12:43:00 | By: Pie Kamau
The Hague Institute for Innovation of Law (HiiL) has announced the four startups that will go on to the prestigious HiiL Justice Accelerator. The four innovators are part of a global cohort of 18 organisations who will receive €10 000 funding and business development support.


[Startup Interview] Dylan Pfeil, Co-Founder, Business Solutions Centre, South Africa
Published: 16-08-2021 | 13:15:00 | By: Bob Koigi
Business Solutions Centre is a South African-based telecommunication startup that has embraced a business model of providing a one-stop shop for all digital needs of clients.


Sports technology and gaming startup StatusPRO raises $5.2m seed round to accelerate growth
Published: 13-08-2021 | 15:07:00 | By: Pie Kamau
StatusPRO, a sports technology and gaming company that combines player data, augmented reality (AR) and virtual reality (VR) to create a suite of training and gaming products, announced it has raised a $5.2 million seed round.


Mobility fintech startup Moove raises $23m Series A funding to democratize vehicle ownership in Africa
Published: 13-08-2021 | 14:29:00 | By: Pie Kamau
Moove, an African mobility fintech startup, announced it has raised $23 million in Series A funding, led by Speedinvest and Left Lane Capital.


Latin American startup Wonder Brands closes $20m seed round for expansion
Published: 13-08-2021 | 14:09:00 | By: Pie Kamau
Wonder Brands, the company building Latin America's best portfolio of digital brands, closed $20 million in seed financing, led by ALLVP and Mountain Nazca with CoVenture and Victory Park Capital joining to close the round.


Jiddu acquires CerraCap Ventures portfolio company Nirveda Cognition
Published: 13-08-2021 | 13:44:58 | By: Pie Kamau
CerraCap Ventures, a Global Venture Capital fund, announced acquisition of its portfolio company Nirveda Cognition by Jiddu Inc for an all-stock deal. The transaction is one of a slew of recent exits from CerraCap's investment fund.


11 fintech builders join Mastercard Start Path global network to scale innovation
Published: 13-08-2021 | 12:33:00 | By: Pie Kamau
Mastercard has opened door to startups around the world looking to grow platforms across open banking, predictive financial modeling for small businesses, smart rental payments and beyond.


End-to-end marketing startup Surfside raises $4m to build out its cannabis data activation platform
Published: 11-08-2021 | 14:42:00 | By: Pie Kamau
Surfside, the end-to-end marketing platform turning first party customer data into personalized marketing for the cannabis industry, announced it has raised $4 million in Seed funding.


Digital Disrupt invests in AI-powered cosmetics startups to reinvent the future of beauty
Published: 11-08-2021 | 13:59:41 | By: Pie Kamau
Openface, a personalized AI-based cosmetics solution, raised $380K as Digital Disrupt VC club looks to pioneer data-driven beauty tech in Europe. Belgian fund Pitchdrive participated in the pre-seed round.


2Gether-International launches first tech cohort with support from Google for Startups
Published: 11-08-2021 | 13:44:03 | By: Pie Kamau
2Gether-International (2GI) announced a new and a first of its kind tech cohort exclusively focused on advancing opportunities for disabled entrepreneurs, with support from Google for Startups.


Tech startup Tetavi closes $20m venture round to increase its presence in North America
Published: 11-08-2021 | 13:28:00 | By: Pie Kamau
Tetavi, a volumetric technology platform, announced it has closed its latest venture round led by New York-based global private equity and venture capital firm Insight Partners, with participation from OurCrowd, Nimble Ventures and additional private investors.


Ecobank launches 2021 edition of its fintech challenge for African startups
Published: 11-08-2021 | 12:59:14 | By: Pie Kamau
The pan-African banking group, Ecobank group, is inviting African fintech entrepreneurs to join the 4th edition of the Ecobank Fintech Challenge.


25 African female-founded tech startups selected to join CMM PR mentorship program
Published: 10-08-2021 | 12:35:50 | By: Pie Kamau
Twenty-five African female-founded tech startups have been selected for the second edition of The Future is Female Mentorship Program, a PR and communications mentorship program dedicated exclusively to African female tech founders.


New Zealand legaltech startup LawVu raises $17m Series A funding to expand its category leadership
Published: 10-08-2021 | 12:27:00 | By: Pie Kamau
Legaltech startup for in-house legal teams, LawVu, announced it has raised $17 million NZD in Series A funding led by New York-based global private equity and venture capital firm Insight Partners with support from Australian venture capital firm AirTree Ventures.


RentCheck startup raises $3.6m to automate rental property inspection process
Published: 10-08-2021 | 12:05:00 | By: Pie Kamau
After stealthily achieving product-market fit, RentCheck, world's first vision-based, automated property inspection platform, is ready to change the tenant-landlord dynamic. The company will take aim at the tenant "deposit deduction" problem.


Insurtech startup NEXT Insurance participates in Amazon Insurance Accelerator to provide access to affordable General Liability coverage
Published: 10-08-2021 | 11:47:00 | By: Pie Kamau
NEXT Insurance, the digital insurtech company transforming small business insurance, announced it is participating in Amazon Insurance Accelerator, providing Amazon sellers looking to buy insurance with instant quotes at competitive rates.


Naspers Foundry leads $8.3m Series A investment in South African insurtech startup Naked
Published: 06-08-2021 | 14:07:00 | By: Pie Kamau
Naspers, through its early-stage tech investment vehicle Naspers Foundry, invested $8.3 million (R120 million) in Naked, the artificial intelligence (AI)-driven insurtech startup that offers full digital insurance to cars, homes, and valuables.


Baleon Capital launches early-stage fund to back startups tackling underlying challenges within healthcare
Published: 06-08-2021 | 13:59:01 | By: Pie Kamau
Baleon Capital, a new venture capital firm, announced the close of its first fund, which has invested in pre-Series A and Series A companies that are driving innovation in healthcare and transforming medical care in America.


John Deere acquires agritech startup Bear Flag Robotics to accelerate autonomous technology on the farm
Published: 06-08-2021 | 13:49:56 | By: Pie Kamau
Deere & Company has signed a definitive agreement to acquire agritech startup Bear Flag Robotics for $250 million. Founded in 2017, the Silicon Valley-based startup develops autonomous driving technology compatible with existing machines.


Tech startup tab32 closes Series B financing to accelerate dental cloudtech transformation
Published: 06-08-2021 | 13:30:00 | By: Pie Kamau
tab32, the dental industry cloud-based, full-service technology platform, announced closing a Series B round led by Spark Growth Ventures, a technology VC firm "on a mission to support gritty and exceptional founders."


AEI partners with Boeing to expand early-stage investing at HorizonX Ventures
Published: 06-08-2021 | 13:16:41 | By: Pie Kamau
AE Industrial Partners, LP (AEI), announced a partnership with Boeing to manage and invest in HorizonX Ventures, Boeing's venture capital fund.


UK-based adtech startup Playrcart raises £1m as it prepares for growth
Published: 05-08-2021 | 14:06:00 | By: Pie Kamau
UK-based startup Playrcart, the company that makes advertising assets instantly transactional, raised over £1 million in funding and added industry heavyweight Peter Scott as Chairman.


Korean drone startup PABLO AIR expands U.S. drone delivery business
Published: 05-08-2021 | 13:41:00 | By: Pie Kamau
PABLO AIR, a company specializing in drone logistics solutions and delivery services and a member of Born2Global Centre, has collaborated with local American companies to expand its business in drone delivery in the United States.


Tech startup Sport Source launches two-way marketplace to discover and book physical activity spaces
Published: 05-08-2021 | 13:24:15 | By: Pie Kamau
Sport Source, the tech startup that connects people with available facilities in their area to participate in the activities they love; basketball, tennis, swimming and more, announced its launch in the App Store.


Tel Aviv and London-based AI construction tech startup Buildots raises $30m Series B funding as its technology reaches 12 countries
Published: 05-08-2021 | 12:51:06 | By: Pie Kamau
Buildots, the AI construction tech company announced a $30 million Series B round led by Lightspeed Ventures with the participation of Buildots’ previous investors; TLV Partners, Future Energy Ventures, Tidhar Construction Group and Maor Investments.


HUAWEI partners with Singapore-based healthtech startup Plano to tackle global problem of myopia
Published: 05-08-2021 | 12:30:00 | By: Pie Kamau
Huawei Technologies and Plano announced a partnership to address the global problem of myopia. Through this partnership, Huawei and Plano will provide Huawei users with easy-to-use, innovative, and science-based technological solutions.


Full-stack delivery scale-up Merqueo raises $50m Series C to expand its grocery delivery service across Latin America
Published: 04-08-2021 | 12:20:00 | By: Pie Kamau
Merqueo, a full-stack delivery scale-up, landed a $50 million series C round led by IDC Ventures, Digital Bridge and IDB Invest. The company is the first and largest full-stack grocery delivery player in Latin America.


Fintech startup Rapyd raises $300m Series E to further enhance its service offering
Published: 04-08-2021 | 12:04:00 | By: Pie Kamau
Rapyd, a global Fintech as a Service company, announced a $300 million Series E funding round led by Target Global.


Audent Global Asset Management leads $11.7m investment round for tech startup Ryff
Published: 04-08-2021 | 11:50:00 | By: Pie Kamau
Audent Global Asset Management, a full-service investment boutique providing global investment solutions, is leading the next round of financing for Ryff, a technology startup that is poised to disrupt the world of visual advertising radically and permanently.


Los Angeles-based veterinary startup Modern Animal raises $75.5m to reimagine veterinary care
Published: 04-08-2021 | 11:36:00 | By: Pie Kamau
Modern Animal, a new kind of veterinary company, announced $75.5 million in funding - a $35.5 million Series A led by True Ventures and Addition and a $40 million Series B led by Founders Fund, who also led the company's Seed round in 2019.


Tech executive Mark Bregman launches Quidnet Ventures, a venture capital fund based in New Zealand
Published: 03-08-2021 | 12:41:00 | By: Pie Kamau
Mark Bregman, a successful tech executive and entrepreneur, has launched Quidnet Ventures, a venture capital fund based in New Zealand and operated out of New Zealand, San Francisco and New York City.


Philadelphia Eagles Rookie Wide Receiver Devonta Smith joins tech startup LifeBrand
Published: 03-08-2021 | 12:24:40 | By: Pie Kamau
LifeBrand, a tech startup that offers solutions to help build and protect personal and corporate brands on social media, has teamed up with Philadelphia Eagles Rookie Wide Receiver DeVonta Smith to take their game to the next level.


Mental health and wellness startup Rey raises $10m Series A funding for expansion through digital capabilities
Published: 03-08-2021 | 11:47:00 | By: Pie Kamau
Rey, a new mental health and wellness company integrating immersive tools and digital interventions with teletherapy, announced $10 million in new funding, increasing its Series A to a total of $26 million.


Confluera named top cybersecurity startup in 2021 Black Unicorn Awards
Published: 03-08-2021 | 11:26:00 | By: Pie Kamau
Confluera, the provider of next-generation cloud detection and response, has been named a winner in the "Top 10 Cybersecurity Startups" category of this year's 2021 Black Unicorn Awards, by Cyber Defense Magazine.


Next-gen CX startup Dixa raises $105m Series C to transform customer service worldwide
Published: 30-07-2021 | 16:11:00 | By: Pie Kamau
Founded as a customer service solution that evolved into a customer engagement platform, European company Dixa announced a Series C funding round totaling $105 million.


Tech startup OneStream TV launches free streaming aggregator to battle streaming fatigue
Published: 30-07-2021 | 15:55:13 | By: Pie Kamau
Tech startup OneStream TV has launched a super streaming aggregator to allow consumers who are tired of paying for too many streaming services to use a single platform to discover thousands of free movies and tv shows.


PowerPublish recognized as top tech startup
Published: 30-07-2021 | 15:46:08 | By: Pie Kamau
PowerPublish, a virtual marketplace connecting brand marketers with journalists and writers, was recognized in annual list of top 10 tech startups.


Legaltech startup Hello Divorce raises $2m seed round to disrupt the broken divorce process
Published: 30-07-2021 | 15:33:00 | By: Pie Kamau
Hello Divorce, the legaltech platform for affordable, less-stressful divorces, announced a seed investment of $2 million led by disruptive tech investor CEAS.


Expert DOJO commits $5m to invest in female-founded African startups
Published: 30-07-2021 | 15:08:00 | By: Pie Kamau
Expert DOJO is committing $5 million fund to invest in early-stage African startups over the next 6-months. Expert DOJO will host the Africa-only cohort this September, marking the beginning of a long-term commitment.


Ampere to acquire technology startup OnSpecta to accelerate AI inference on cloud-native applications
Published: 29-07-2021 | 15:25:21 | By: Pie Kamau
Ampere Computing announced it has agreed to acquire AI technology startup OnSpecta, strengthening Ampere Altra performance with AI inference applications.


Payments startup Lithic raises $60m Series C as demand for card issuing platform surges
Published: 29-07-2021 | 15:10:00 | By: Pie Kamau
Lithic, the card issuing platform for developers, raised $60 million in Series C funding, bringing the company's total fundraising to $110 million.


HYPE GVA 2.0 NFTs startup MyLads seals €7.6m investment round
Published: 29-07-2021 | 14:55:00 | By: Pie Kamau
HYPE Sports Innovation, GVA 2.0 NFTs startup, MyLads, a player in Augmented Reality (AR) Sports Fan Engagement, has closed a €7.6 million Seed Investment Round led by Riva Technology and Entertainment (RTE).


Paxos adds Bank of America, Coinbase Ventures, Founders Fund & FTX to Series D funding round
Published: 29-07-2021 | 14:39:00 | By: Pie Kamau
Paxos, the first regulated blockchain infrastructure platform, announced it has added strategic investors including Bank of America, Coinbase Ventures, Founders Fund and FTX to its Series D round of funding.


Nigerian healthtech startup Field Intelligence expands into eleven new cities across East and West Africa
Published: 29-07-2021 | 14:26:00 | By: Pie Kamau
Nigerian healthtech startup Field Intelligence announced its expansion into Rivers, Edo, Kaduna, Kano, Enugu, Delta and Kwara States in Nigeria, and Eldoret, Mombasa, Kisumu and Naivasha in Kenya.


Connie Health startup secures additional $13m to scale its tech-enabled Medicare navigation platform
Published: 28-07-2021 | 15:41:00 | By: Pie Kamau
Connie Health, a tech-enabled consumer Medicare navigation platform helping Americans make more informed health and financial choices, announced a $13 million Series A round and begins operations in its second state, Texas.


Lithium-ion battery recycling and manufacturing startup Battery Resourcers appoints Kelly Kay to its Board of Directors
Published: 28-07-2021 | 15:20:00 | By: Pie Kamau
Battery Resourcers, a vertically integrated lithium-ion battery recycling and manufacturing startup announced the appointment of Kelly Kay to its Board of Directors.


Healthtech VC firm Nina Capital announces five more investments, launches second fund set to reach €40m
Published: 28-07-2021 | 14:52:00 | By: Pie Kamau
Nina Capital, a specialized venture capital (VC) firm focused on health technology, announced its last five investments of its first fund and the launch of its second fund, Nina Capital Fund II FCRE.


South African payments startup Yoco raises $83m Series C funding to accelerate growth
Published: 28-07-2021 | 14:29:00 | By: Pie Kamau
South African payments startup Yoco has raised a Series C funding round of $83 million (R1.23 billion) to accelerate product development and reach more merchants in South Africa and beyond.


Virtual cycling startup Velocity secures $3.4m in seed round funding
Published: 27-07-2021 | 13:48:00 | By: Pie Kamau
Vision Quest Velocity LLC, an early-stage virtual cycling startup, announced it has raised $3.4 million in seed round funding, led by strategic financial partners.


UK-based legaltech startup Clara opens in Dubai following investment from DIFC FinTech Fund
Published: 27-07-2021 | 13:36:33 | By: Pie Kamau
Dubai International Financial Centre (DIFC), the global financial centre in the Middle East, Africa and South Asia (MEASA) region, announced it has invested in UK-based legaltech startup, Clara.


Investment firm NightDragon closes $750m growth fund as part of next-gen cybersecurity, safety, security and privacy platform
Published: 27-07-2021 | 13:16:00 | By: Pie Kamau
NightDragon announced the close of NightDragon Growth I, a new $750 million venture capital fund to invest in and advise late-stage and growth companies in the cybersecurity and privacy industry.


Pet startup Embark Veterinary raises $75m Series B funding to accelerate growth
Published: 27-07-2021 | 13:04:00 | By: Pie Kamau
Embark Veterinary, a global leader in dog genetics, announced $75 million in Series B funding, the biggest Series B for a pet startup to date.


Middle East startup Workfam joins disruptive tech portfolio of GELLIFY and Azimut
Published: 27-07-2021 | 12:20:00 | By: Pie Kamau
UAE based startup, Workfam, the employee engagement SaaS platform that supports organizations with their mission to create a happy, healthy, and highly engaged workforce, has joined the portfolio of GELLIFY.


[Startup Interview] Dimitri Kalamoudacos,Co-founder, Entrepreneur Suite, South Africa
Published: 27-07-2021 | 12:13:45 | By: Bob Koigi
Entrepreneur Suite is a South African startup targeting micro retailers with an application that records valuable sales information that is then served back to the business owner as demand forecasting suggestions which are designed to provide profiting opportunities.


Workflow startup Symbolic Frameworks launches from stealth to debut Protagonist, a visual and collaborative decision-making app
Published: 23-07-2021 | 16:47:00 | By: Pie Kamau
Symbolic Frameworks (Symbolic), a provider of workflow applications that help make idea generation, decision making, and prioritization more collaborative, faster and higher quality, is launching from stealth.


Hospitality tech startup Bbot raises $15m Series A to expand platform capabilities, improve support for restaurants
Published: 23-07-2021 | 15:57:00 | By: Pie Kamau
Bbot, a hospitality tech startup dedicated to simplifying and improving the ordering and payments process for restaurants, announced $15 million in Series A funding led by CRV.


San Diego Angel Conference activates $1.7m in funding of innovative startups
Published: 23-07-2021 | 15:27:00 | By: Pie Kamau
San Diego Angel Conference (SDAC), has reached a significant milestone by collectively helping to raise $1.7 million for U.S. companies in the first six months of 2021.


Oxford Foundry partners with FMDQ Private Markets to accelerate Nigeria’s startup ecosystem
Published: 23-07-2021 | 15:13:00 | By: Pie Kamau
Oxford Foundry and FMDQ Private Markets have launched a global partnership to accelerate the growth of Nigeria’s startup ecosystem.


Canadian tech startup Edgehog secures $1.25m seed round to accelerate growth
Published: 22-07-2021 | 12:53:00 | By: Pie Kamau
Edgehog Advanced Technologies, developer of the world's best nanotextured, omni-directional, anti-reflective glass, announced the first closing of $1.25 million of its $2.5 million seed capital raise.


South Florida-based Ocean Azul Partners closes Fund II at over $40m
Published: 22-07-2021 | 12:18:00 | By: Pie Kamau
South Florida-based Ocean Azul Partners announced it has completed fundraising for its second fund with total commitments exceeding $40 million.


DLA Piper advises 4G Clinical in $230m growth equity investment from Goldman Sachs Asset Management
Published: 22-07-2021 | 12:03:00 | By: Pie Kamau
DLA Piper represented 4G Clinical, a cutting-edge randomization and trial supply management (RTSM) company serving the life sciences industry, in a growth equity investment of over $230 million from Goldman Sachs Asset Management.


Hong Kong-based insurtech startup YAS MicroInsurance features in TOP 10 of Plug and Play Insurtech Batch 5 startups
Published: 22-07-2021 | 11:55:14 | By: Pie Kamau
Hong Kong-based next-generation Insurtech startup YAS MicroInsurance, has been featured as one of the TOP 10 of the Insurtech Batch 5 in Plug and Play APAC, a well-known global startups accelerator and innovation platform.


BimaLab accelerator programme launches to support Insurtech startups in Kenya
Published: 22-07-2021 | 11:41:25 | By: Pie Kamau
FSD Africa, the Insurance Regulatory Authority (IRA) and Tellistic Technology Services have launched BimaLab, a KES 5.3 million accelerator programme designed to support insurance startups in Kenya.


Agritech startup Adaviv raises $2.3m seed round to scale its AI-driven plant intelligence platform for indoor farming
Published: 21-07-2021 | 13:32:00 | By: Pie Kamau
Adaviv, a cultivation technology company surfacing actionable insights for Controlled Environment Agriculture, announced the raise of $2.3 million in an oversubscribed Series Seed financing led by Delta Emerald Ventures.


TDK Ventures backs metal additive manufacturing startup, Fabric8Labs
Published: 21-07-2021 | 13:21:00 | By: Pie Kamau
TDK Corporation announced that subsidiary TDK Ventures Inc. will back Fabric8Labs, marking its second investment in the additive manufacturing space and first in metal printing.


BIND 4.0 opens sixth call for innovative tech startups around the world
Published: 21-07-2021 | 13:07:00 | By: Pie Kamau
The Open Innovation & Acceleration Program, BIND 4.0, has just launched its sixth edition open call to search for the most innovative technology startups around the world.


Tech startup Properly raises $35m Series B financing to transform real estate experience In Canada
Published: 21-07-2021 | 12:37:00 | By: Pie Kamau
Properly, the Canadian tech-enabled real estate brokerage, announced $35 million in Series B financing to fuel a national expansion across Canada's $400 billion real estate market.


South Korean AI startup Lunit secures investment from Guardant Health
Published: 20-07-2021 | 15:28:58 | By: Pie Kamau
Lunit, an AI startup in AI-powered cancer solutions, announced a strategic investment of $26 million from a precision oncology company, Guardant Health.


Zing Health startup joins ConnectureDRX platform to simplify path to Medicare enrollment
Published: 20-07-2021 | 15:11:00 | By: Pie Kamau
Zing Health has partnered with ConnectureDRX, a healthcare software company, to give insurance brokers and consumers a superior experience for choosing the Medicare Advantage plans that best fit each beneficiary's needs.


Venture-backed platform eMerge Americas closes investment round led by Florida Funders
Published: 20-07-2021 | 14:56:07 | By: Pie Kamau
eMerge Americas, a venture-backed platform focused on transforming Miami into the tech hub of the Americas, announced the closing of an investment round led by Florida Funders.


Egyptian social e-Commerce startup Taager raises $6.4m seed round
Published: 20-07-2021 | 14:28:00 | By: Pie Kamau
Taager, an Egyptian social e-Commerce startup raised a $6.4 million seed funding round to help it scale its platform and expand across the Middle East.


Israeli Start-Up Nation Central appoints Avi Hasson as new CEO
Published: 16-07-2021 | 14:45:52 | By: Pie Kamau
Start-Up Nation Central, the independent not-for-profit organization connecting global corporations, investors, and governments to the Israeli tech innovation ecosystem, announced the appointment of Avi Hasson as its next Chief Executive Officer.


LearnWorlds secures $32m in growth funding to help educators create and sell online courses
Published: 16-07-2021 | 14:32:00 | By: Pie Kamau
LearnWorlds, an all-in-one platform for creating and selling online courses, has secured a $32 million minority investment by global venture capital and private equity firm Insight Partners.


Wearable robotics startup Verve Motion raises $15m Series A funding
Published: 16-07-2021 | 14:16:00 | By: Pie Kamau
Wearable robotics startup Verve Motion has raised $15 million in Series A funding, led by Construct Capital as well as follow-on investments from existing investors, Founder Collective, Pillar VC, Safar Partners, OUP, and a number of angel investors.


Danish fintech startup HelloFlow raises $1.6m for its no-code KYC and client onboarding solution
Published: 15-07-2021 | 12:54:00 | By: Pie Kamau
HelloFlow, a Danish fintech startup, has closed a $1.6m Seed round led by a Danish VC PreSeed Ventures, and UK-based, Seedcamp.


Fintech startup Marco closes $82m seed round to supercharge growth
Published: 15-07-2021 | 12:41:00 | By: Pie Kamau
Marco, the first tech-enabled financing platform built for small and medium-sized exporters in the United States and Latin America, announced it has raised $82 million in seed funding.


Nigerian fintech startup Lidya raises $8.3m pre-Series B funding round
Published: 15-07-2021 | 12:08:00 | By: Pie Kamau
Nigerian fintech and lending startup Lidya announced the completion of its $8.3 million pre-Series B funding round. Alitheia Capital led the investment through its uMunthu Fund with the participation of Bamboo Capital Partners.


Frisco-based startup Apty raises $7.5m Series A funding to grow its DAP software
Published: 14-07-2021 | 13:03:00 | By: Pie Kamau
Digital Adoption Platform (DAP) Apty secured $7.5 million in Series A funding. Apty develops DAP software catering to Enterprises with complex business processes, enabling them to maximize the adoption of software and processes.


Agritech startup GrowFlux selected to join Wells Fargo Innovation Incubator program
Published: 14-07-2021 | 12:48:00 | By: Pie Kamau
The Wells Fargo Innovation Incubator, a technology incubator and platform funded by the Wells Fargo Foundation, has selected GrowFlux and four other startups to participate in the program's ninth cohort.


Banque Misr partners with Microsoft to support fintech startups in Egypt
Published: 14-07-2021 | 12:11:00 | By: Pie Kamau
Banque Misr signed a Memorandum of Understanding (MoU), with Microsoft Egypt to launch the first open innovation program in the Egyptian market, enabling a spurt in fintech startup growth.


Kenyan startup Marketforce appoints Ore Omolaja as Country Manager, Head of Business for Nigeria
Published: 14-07-2021 | 12:06:00 | By: Pie Kamau
Marketforce, the Kenyan-based B2B platform for retail distribution of consumer goods and digital financial services in Africa, announced the appointment of Ore Omolaja as the Nigeria Country Manager and Head of Business, effective 15th July 2021.


Kenyan startup MarketForce raises $2m pre-Series A to scale B2B retail marketplace, RejaReja
Published: 14-07-2021 | 12:00:00 | By: Pie Kamau
MarketForce, the Kenyan-based B2B platform for retail distribution of consumer goods and digital financial services in Africa, announced a $2 million pre-Series A round, bringing total funding to-date to $2.5 million.


South African startup Omnisient raises $1.4m for global expansion
Published: 14-07-2021 | 11:53:00 | By: Pie Kamau
Omnisient, a secure data collaboration platform, has achieved its second raise this year totalling $1.4 million. The investments will be used to expand the Omnisient team, accelerate product development and drive international expansion.


Miami-based startup GathR Virtual Studios raises $2.7m to evolutionize hybrid working
Published: 12-07-2021 | 16:09:00 | By: Pie Kamau
Miami-based startup, GathR Virtual Studios completed a pre-seed round to fund its innovative take on the widely used two-dimensional home-office meeting "apps" made popular during the COVID-19 shutdown.


FDJ announces partnership with Plug and Play Brand & Retail France
Published: 12-07-2021 | 15:29:00 | By: Pie Kamau
FDJ announced the beginning of a partnership with Plug and Play, world's open innovation platform.


Absci acquires CerraCap Ventures portfolio company Totient
Published: 12-07-2021 | 15:22:48 | By: Pie Kamau
CerraCap Ventures, an early-stage Venture Fund, announced acquisition of its portfolio company Totient by Absci for an undisclosed amount. The transaction is the second exit from CerraCap's investment fund, CerraCap II LP.


Hypersonic tech startup Velontra names Retired Major General Craig Whelden as its Inaugural President
Published: 12-07-2021 | 15:10:54 | By: Pie Kamau
Retired Major General Craig Whelden has been named the Inaugural President of Velontra, a startup with the mind power to accelerate America's development of hypersonic technology.


IFC invests in Vantage Capital’s mezzanine fund to support fast-growing companies in Africa
Published: 12-07-2021 | 14:56:00 | By: Pie Kamau
IFC announced an investment in a new mezzanine fund managed by Vantage Capital, a mezzanine funding provider on the continent, which will provide capital to fast-growing companies in Africa.


Outsource Accelerator secures $1.5m fund for expansion through strategic asset acquisition
Published: 08-07-2021 | 14:23:00 | By: Pie Kamau
Outsource Accelerator announced a $1.5 million special purpose fund for the acquisition of online web assets. The web assets will add significant online traffic to the portfolio and enhance the outsourcing marketplace's growing influence.


Customer experience startup Officium Labs launches WorkForward brand
Published: 08-07-2021 | 11:24:59 | By: Pie Kamau
Officium Labs, a unique customer experience startup, has launched a new suite of enhanced workforce management (WFM) tools under the brand "WorkForward."


Seven South African legal startups to pitch for €10,000 grant
Published: 08-07-2021 | 11:08:00 | By: Pie Kamau
The Hague Institute for Innovation of Law (HiiL) kicked off its annual global Innovating Justice Challenge in search of the region’s best justice-related social entrepreneurs in March this year.


IFC’s TechEmerge partners with logistics startup Kobo360 to pilot sustainable cooling innovations in Nigeria
Published: 08-07-2021 | 11:02:00 | By: Pie Kamau
Eleven global innovators have been selected to partner with 15 leading Nigerian companies to pilot cost-effective, climate-smart technologies to strengthen the country's temperature-controlled logistics supply chain.


Photo and video editing app Prequel launches venture studio program to nurture early stage tech startups
Published: 07-07-2021 | 12:40:04 | By: Pie Kamau
Prequel, the creative photo and video editing app, announced the launch of Prequel Venture Studio (PVS), a program that will nurture early stage tech startups in the fields of AI, computer vision, and AR-based visual art.


South African fintech startup Ukheshe Technologies comes second in KPMG Global Tech Innovator competition
Published: 07-07-2021 | 11:58:00 | By: Pie Kamau
The KPMG Private Enterprise Global Tech Innovator Africa competition came to a close this week and saw South African fintech startup Ukheshe, take second place among 75 other worthy entrants across Africa.


Nigerian fintech startup TeamApt secures Series B funding
Published: 07-07-2021 | 11:53:33 | By: Pie Kamau
Nigerian fintech startup TeamApt has closed its Series B fundraising round, as it looks to expand its financial services beyond Nigeria.


Financials, ICT remain the most attractive sectors for VC investment in Africa, report
Published: 07-07-2021 | 08:34:56 | By: Bob Koigi
Mapping Africa’s startup landscape between 2014 and 2020, the report provides data and analysis on venture capital (VC) deal activity in Africa in 2020 along with information about the types of investors that have participated in those deals.


[Ghana] Verdant Capital raises $7.9 million for challenger fintech, Zeepay
Published: 06-07-2021 | 14:04:38 | By: Bob Koigi
The debt and equity raise for challenger fintech, Zeepay, head-quartered in Ghana, follows a $20 million equity and debt capital raise for Tugende, an East African technology-enabled asset financing business.


Seoul-based edtech startup Mathpresso secures $50 million in Series C funding
Published: 02-07-2021 | 13:51:00 | By: Pie Kamau
Seoul-based edtech startup Mathpresso announced it has raised $50 million in a Series C funding round last week, bringing the company's total funding to $105 million.


AI-powered recruiting startup TopFunnel acquires Teamable to offer end-to-end sourcing platform
Published: 02-07-2021 | 13:30:00 | By: Pie Kamau
TopFunnel, the AI-powered recruiting startup that high-growth companies use to scale, announced the acquisition of Teamable to supercharge referral-based recruiting.


Codat startup raises $40m, expands its API infrastructure for SME data
Published: 02-07-2021 | 13:11:00 | By: Pie Kamau
Codat, the technology company that enables small businesses to seamlessly share business and financial data with financial and other service providers, secures $40 million from investors, following 3x annual growth and doubling of headcount.


Kameo startup launches vaccine passport for the entertainment production industry
Published: 02-07-2021 | 13:00:00 | By: Pie Kamau
Kameo, the provider of flexible mobile COVID-19 testing services for the entertainment production industry, announced the launch of its vaccine passport, an additional feature on its digital platform.


[Startup Interview] Dennis van der Veen, CEO, Hamster Connect, Netherlands
Published: 01-07-2021 | 14:39:00 | By: Bob Koigi
Hamster is a global niche social media platform for start-ups, investors, and accelerators and offers smart tools to help users reach their goals.


Ghanaian fintech startup Zeepay raises $7.9m Series A funding to support its operations
Published: 01-07-2021 | 14:07:00 | By: Pie Kamau
Ghanaian Fintech startup Zeepay announced the completion of a $7.9 million Series A.0 funding. The funding is a hybrid of both equity and balance sheet funds to support its operations.


South African fintech startup Ukheshe Technologies announces boostXB joint venture with ForexPeople
Published: 01-07-2021 | 13:48:00 | By: Pie Kamau
South African fintech startup, Ukheshe Technologies has partnered with ForexPeople, one of the country’s names in forex with over 20 years of experience, to seamlessly facilitate cross-border payments from South Africa into Africa.


MDaaS Global raises $2.3 million to launch digital health solution and expand across Nigeria
Published: 01-07-2021 | 11:23:19 | By: Bob Koigi
With this funding, the company is launching ‘SentinelX’, a digital health membership that champions preventive, personalized, and continuous care using proprietary technology.


Canadian space-tech startup SkyWatch partners with Wyvern to deliver next-gen earth observation data
Published: 30-06-2021 | 16:26:00 | By: Pie Kamau
SkyWatch Space Applications, a Waterloo-based space technology startup, signed an agreement to deliver data management capabilities to Wyvern, a commercial space data company headquartered in Edmonton, Alberta, Canada.


NYC creator economy startup Pietra raises $15m to champion creators, streamline entrepreneurship
Published: 30-06-2021 | 15:56:00 | By: Pie Kamau
Pietra, the new platform that gives Creators the tools to bring an idea for a product line or brand to life from start to finish, today announced it has raised $15 million in a Series A funding round.


Boston-based startup Mombox acquires WellNested to provide full suite of postnatal care services
Published: 30-06-2021 | 15:35:10 | By: Pie Kamau
D2C postnatal care company, Mombox, announced its acquisition of WellNested, a Boston-based technology solution company designed to help new parents find and book quality and affordable postnatal care services.


AI startup LLENA (AI) partners with Southern University to support (USDA/NIFA) Agriculture and Food Research Initiative
Published: 29-06-2021 | 14:24:00 | By: Pie Kamau
LLENA (AI) Health Solutions, announced a partnership with Southern University in Baton Rouge, Louisiana to support their "Center of Excellence for Nutrition, Health, Wellness, and Quality of Life" initiative to address diet-related health disparities.


Food and beverage tech startup Botrista closes $10m Series A to make craft beverages accessible via robotic automation
Published: 29-06-2021 | 14:12:00 | By: Pie Kamau
Botrista Technology, a company revolutionizing the beverage industry with the Botrista DrinkBot, announced it has raised $10 million in a Series A funding.


Tokyo-based AI startup Attuned launches writer fellowship on Substack
Published: 29-06-2021 | 13:52:39 | By: Pie Kamau
Attuned, a Tokyo-based tech startup that uses psychology and AI to track intrinsic motivation and boost employee engagement, announced the launch of a global writing competition on digital newsletter-publishing platform Substack.


South African delivery startup Picup introduces premium driver network for businesses
Published: 29-06-2021 | 13:34:02 | By: Pie Kamau
South Africa's crowdsource delivery tech startup Picup has introduced a premium service aimed at businesses that require drivers to represent their brand.


Catalyst Fund announces Circle of Corporate Innovators to accelerate startup-corporate partnerships
Published: 29-06-2021 | 13:23:16 | By: Pie Kamau
Global inclusive tech accelerator Catalyst Fund, managed by BFA Global, today formally announced its Circle of Corporate Innovators, with its first members, Fidelity Bank, Ecobank, Sterling Bank, Access Bank and the VFD Group.


IFC supports early-stage technology startups in Central and Southeast Europe
Published: 28-06-2021 | 08:19:31 | By: Pie Kamau
Early-stage technology startups in Central and Southeast Europe will have improved access to finance, in the wake of an investment by IFC that aims to support the region's potential to foster technology development and application.


Toronto-based multifamily proptech startup Yuhu launches in the US
Published: 25-06-2021 | 11:33:54 | By: Pie Kamau
Toronto-based multifamily proptech startup Yuhu announced a market entrance into the U.S. operations technology marketplace, offering their unique co-innovative property management software solution to owners and managers across the United States.


Neurotech startup Humm launches public beta for world's first consumer, learnable
Published: 25-06-2021 | 11:24:00 | By: Pie Kamau
humm, a neurotech company focused on helping people learn throughout their lives, launched a public beta for the world's first consumer, learnable - a noninvasive wearable that's clinically proven to improve your ability to learn.


Seattle based healthtech startup bttn. raises $1.5m to automate the future of medical supply
Published: 25-06-2021 | 11:11:00 | By: Pie Kamau
Healthtech startup bttn. closed a $1.5 million seed round from a group of technology and supply chain leaders.


GG4L acquires edtech startup Stackup
Published: 24-06-2021 | 13:31:00 | By: Pie Kamau
Global Grid for Learning (GG4L), announced the acquisition of Stackup, an edtech startup with a focus on learning outcomes in K-12 education.


Tech startup Drata raises $25m Series A to accelerate rapid growth of its security and compliance automation platform
Published: 24-06-2021 | 13:15:00 | By: Pie Kamau
Drata, a next-gen security and compliance automation company, announced $25 million in Series A funding led by GGV Capital. The new financing comes six months after the company's initial seed round and launch out of stealth.


Medtech startup Mon Health wins ECRI achievement award for technology innovation collaboration
Published: 24-06-2021 | 13:02:00 | By: Pie Kamau
ECRI, an independent, nonprofit organization improving the safety, quality, and cost-effectiveness of care across all healthcare settings, named Mon Health System of Morgantown, West Virginia, the winner of its 15th Health Devices Achievement Award.


Tech startup COSMO Technologies secures funding, announces new product launch
Published: 24-06-2021 | 12:32:00 | By: Pie Kamau
COSMO Technologies, a first-of-its-kind family technology design and manufacturing company, announced the closing of its Pre-Seed funding round.


Cybersecurity startup Hive Pro secures $3m in seed funding
Published: 23-06-2021 | 14:27:00 | By: Pie Kamau
Silicon Valley-based Hive Pro, creator of Predictive Vulnerability Analytics (PVA), announced it has closed $3 million in seed financing led by Simpra Holdings.


B2B news wire startup Zenger raises $10m in Series Seed funding round
Published: 23-06-2021 | 14:18:00 | By: Pie Kamau
World's first digitally native wire service, Zenger News, announced it has closed a Series Seed round, raising $10 million. The investment is being used to enhance Zenger's propriety software and onboard an ever-growing number of news outlets.


Israeli foodtech startup Better Juice raises $8m in seed funding
Published: 23-06-2021 | 13:50:00 | By: Pie Kamau
Israeli foodtech startup Better Juice, the first company to reduce all sugars from natural juices, announced it has raised $8 million in seed-round investment.


bp invests $7m in electric vehicle charging startup IoTecha
Published: 23-06-2021 | 10:05:00 | By: Pie Kamau
bp ventures has invested $7million in smart electric vehicle (EV) charging firm, IoTecha, leading a $13.2 million investment round.


Cannabis marketplace and purchasing platform MainStem named Microsoft Partner for Startups
Published: 22-06-2021 | 13:55:04 | By: Pie Kamau
MainStem, the cannabis industry's only marketplace and combined integrated purchasing platform, announced it has been selected as a Microsoft Partner for Startups.


Venture capital firm MetaProp closes $100m Fund III for investment in early-stage proptech startups
Published: 22-06-2021 | 13:38:00 | By: Pie Kamau
MetaProp, the New York-based proptech venture capital firm, announced the closing of its latest real estate technology seed fund, for investment in early-stage proptech startups.


Ivory Coast transport startup Moja Ride partners with O-CITY for its next phase of growth in mobility innovation
Published: 22-06-2021 | 13:06:00 | By: Pie Kamau
Moja Ride, an Ivorian startup providing a reservation and cashless payment system for transport services in Abidjan, has partnered with O-CITY for its next phase of digital innovation and future expansion.


Ethiopian-based startup Gabeya launches its revamped marketplace
Published: 22-06-2021 | 12:49:00 | By: Pie Kamau
Gabeya, the Pan-African source for freelance professional talent, has expanded its revamped marketplace, the first of its kind in terms of reach in Africa.


Kenyan insurtech startups benefit from IRA, Prudential innovation hub
Published: 22-06-2021 | 12:29:00 | By: Pie Kamau
Three Kenyan insurtech startups each received Ksh 1.25 million in cash awards from an innovation hub steered by the Insurance Regulatory Authority (IRA) in collaboration with Prudential Life Assurance and other partners, to promote insurance inclusivity.


SynFutures startup raises $14m Series A funding to democratize derivative markets
Published: 18-06-2021 | 12:42:00 | By: Pie Kamau
Decentralized derivatives exchange SynFutures, announced the close of a $14 million Series A round of financing led by Polychain Capital with participation from Framework, Pantera Capital, Bybit, Wintermute, CMS, Kronos, and IOSG Ventures.


Farmtech startup Iron Ox hires first CFO, Head of Marketing as company prepares for growth
Published: 18-06-2021 | 12:30:00 | By: Pie Kamau
Iron Ox, a farming innovation company with deep expertise in robotics and artificial intelligence, hired its first Chief Financial Officer and its first Head of Marketing as the company accelerates growth and expands its commercial footprint.


Banking as a service startup Unit raises $51m Series B funding to expand the team, accelerate growth
Published: 18-06-2021 | 12:19:00 | By: Pie Kamau
Unit, the banking-as-a-service startup that empowers companies to embed financial services into their products, announced it has raised a $51 million Series B led by Accel.


B9 raises $1.7m in pre-seed round to launch fintech platform to deliver full suite of personal financial services
Published: 17-06-2021 | 14:01:00 | By: Pie Kamau
Fintech startup B9 Inc., announced it is launching a full suite of app-based financial services. The company raised $1.7 million in an ongoing pre-seed funding round and is building out a platform to address the needs of a huge market of potential customers.


Israeli mobility investment startup Bringg completes $100m Series E investment round
Published: 17-06-2021 | 13:05:00 | By: Pie Kamau
Ituran Location and Control announced its successful early-stage mobility technology holding, Bringg, completed Series E investment round of $100 million. Following the round, Ituran's undiluted holdings are 17.2%.


Brazilian logtech startup Uello concludes $4m Series A investment deal led by the Btomorrow Ventures
Published: 17-06-2021 | 12:44:00 | By: Pie Kamau
Uello, a Brazilian logtech startup that uses technology and a collaborative network to provide express freight services with superior experience, concluded its Series A investment deal with an investment injection of $4 million.


Canadian Esplanade Healthtech Ventures closes oversubscribed inaugural digital health fund
Published: 16-06-2021 | 11:43:00 | By: Pie Kamau
Esplanade HealthTech Ventures (Esplanade or the Fund), announced the closing of its oversubscribed inaugural venture fund, Esplanade HealthTech Ventures I (Fund I), with commitments totaling more than C$21 million.


Pegasus acquires early-stage venture capital firm Garage Technology Ventures
Published: 16-06-2021 | 11:26:00 | By: Pie Kamau
Pegasus Tech Ventures (Pegasus), a global venture capital firm managing over $1.5 billion in assets, has acquired seed and early-stage venture capital firm Garage Technology Ventures, based in Palo Alto.


SaaS startup Synder raises $2m in late seed round to revolutionize accounting for e-Commerce
Published: 16-06-2021 | 10:58:00 | By: Pie Kamau
TMT investments venture fund invested $2 million as a lead investor in a late seed round into Synder, an easy accounting solution for e-Commerce businesses.


Healthtech startup BASMA.com raises $3m Series A round to scale up its platform in the MENA region
Published: 16-06-2021 | 10:42:00 | By: Pie Kamau
UK-based, MENA focused, startup BASMA.com closed $3 million Series A funding led by MEVP with the participation of SOSF, IM capital and returning investors iSME, Cedar Mundi Ventures and IFA capital, to scale up its healthtech platform in the MENA region.


Arrington Capital launches $100m fund to invest in Algorand-based initiatives
Published: 11-06-2021 | 15:38:00 | By: Pie Kamau
Arrington Capital, a digital asset management firm in blockchain-based capital markets announced it has launched a new $100 million fund to support initiatives building on Algorand, a blockchain accelerating the convergence of decentralized and traditional finance.


Creator economy startup Koji launches New Link in Bio app, Media Wall
Published: 11-06-2021 | 15:12:00 | By: Pie Kamau
Koji, world's Link in Bio tool for the Creator Economy, announced the launch of Media Wall, a new Link in Bio app that gives Creators the ability to curate, organize and showcase a timeline of content to share with their audience.


Floral tech startup Something Borrowed Blooms raises $1.5m Series A funding to accelerate growth
Published: 11-06-2021 | 15:01:00 | By: Pie Kamau
Something Borrowed Blooms, the pioneer of the silk wedding flower revolution, announced a $1.5 million Series A funding round led by Callais Capital. This investment brings the total raise by the company to just over $2 million since 2015.


Huobi launches incubator program to provide assets, resources and guidance for startups
Published: 09-06-2021 | 16:07:00 | By: Pie Kamau
Huobi Group, a world cryptocurrency and blockchain company, announced the initiation of its incubator program, Huobi X Center, who's goal is to empower startups by providing customers a range of resources.


Workflow management startup MaintainX raises $50m to accelerate revenue growth
Published: 09-06-2021 | 15:52:00 | By: Pie Kamau
MaintainX, the mobile-first workflow management platform for industrial and frontline workers, announced a $39 million Series B round led by Bessemer Venture Partners.


B2B AI-driven startup MetaSpark secures initial seed round to accelerate growth
Published: 08-06-2021 | 13:26:41 | By: Pie Kamau
MetaSpark, a B2B AI-Driven Productivity Hub SaaS platform for enterprises, announced the closing of an initial seed round of funding. The funding was secured from an undisclosed partner and is the first round of funding raised by the company.


QIMA acquires stake in London-based supply chain resiliency startup Kavida.ai
Published: 08-06-2021 | 13:13:00 | By: Pie Kamau
QIMA, the provider of quality control and supply chain compliance solutions, announced it has invested in Kavida.ai, a London-based startup that builds supply chain digital replicas and uses artificial intelligence.


Silicon Prairie startup Loophire raises $300K seed round to disrupt the recruitment industry
Published: 08-06-2021 | 12:47:00 | By: Pie Kamau
Silicon Prairie startup Loophire, announced it secured $300K seed round to disrupt the recruitment industry, currently dominated by outdated processes.


IFC launches program to support startups expand across the Maghreb region
Published: 08-06-2021 | 12:24:00 | By: Pie Kamau
IFC launched a new advisory program aimed at making it easier for startups in Algeria, Libya, Morocco and Tunisia, expand their operations across North Africa.


XLIO Ventures closes $53m funding facility
Published: 07-06-2021 | 15:04:00 | By: Pie Kamau
XLIO Ventures, with offices in London, Seattle, New York, Tel Aviv, and Sao Paulo announced the closing of $53 million funding facility to back an expanding roster of the Made-to-Order Startups it creates for its enterprise technology customers.


Toyota AI Ventures rebrands as Toyota Ventures, adds $300m to invest in emerging technologies and carbon neutrality
Published: 07-06-2021 | 14:45:00 | By: Pie Kamau
Toyota's first standalone, early-stage venture capital firm, Toyota AI Ventures, will change its name to Toyota Ventures and grow its total assets under management to more than $500 million with the addition of two $150 million early-stage funds.


Moroccan Digital Development Agency, GrowIN Portugal launch initiative to support startups internationalization
Published: 07-06-2021 | 14:18:00 | By: Pie Kamau
The Moroccan Digital Development Agency (ADD) and GrowIN Portugal have launched an initiative to support Moroccan and Portuguese startups internationalization by signing a strategic agreement.


London-based workplace ethics & compliance startup Vault Platform secures $8.2m in Series A funding
Published: 07-06-2021 | 14:08:00 | By: Pie Kamau
Vault Platform, the pioneering workplace ethics & compliance platform, has closed an $8.2 million Series A funding round to service demand from its fast-growing client base, drive Artificial Intelligence technology for misconduct reporting and expand its team.


Hibob acquires workplace relationships analytics startup Cassiopeia
Published: 04-06-2021 | 10:50:06 | By: Pie Kamau
Hibob, the company behind the innovative HCM platform bob, announced its acquisition of Cassiopeia, a startup that developed AI-based workplace relationship analytics technology to help teams improve communication.


Blockchain startup CiSApp to launch next gen social network
Published: 04-06-2021 | 09:41:00 | By: Pie Kamau
These days all the biggest social media platforms leave little to be desired due in no small part to rampant agenda-driven censorship, profit-driven privacy invasion and rampant use of fake accounts bent on selling sex or committing fraud.


Voice-enabled healthtech startup HandsFree Health joins Microsoft for Startups program
Published: 04-06-2021 | 09:26:44 | By: Pie Kamau
HandsFree Health, provider of WellBe, a secure, HIPAA compliant, voice-enabled virtual health assistant platform, has been selected to join the Microsoft for Startups program.


Kenya's Industrialization Ministry launches Startup Savanna, a business acceleration programme for early-stage startups
Published: 04-06-2021 | 08:58:00 | By: Pie Kamau
The Kenyan Ministry of Industrialization, Trade and Enterprise Development (MoITED), launched Startup Savanna, an international business acceleration programme that will link Kenyan startups to global angel investors.


BMZ launches startup support programme for Kenyan entrepreneurs
Published: 03-06-2021 | 14:53:00 | By: Pie Kamau
The Federal Development Ministry (BMZ), has expanded its developPPP Ventures programme in Kenya to support local startups.


Cloud startup Golioth announces private beta launch and $2.5m seed round
Published: 03-06-2021 | 14:13:00 | By: Pie Kamau
Golioth, the cloud platform for hardware developers, announced a $2.5 million seed round in conjunction with a private beta launch for developers.


MetaVC Partners launches debut venture capital fund focused on startups using metamaterials
Published: 03-06-2021 | 13:46:00 | By: Pie Kamau
MetaVC Partners has launched its first fund which will focus on venture investments in early-stage startups employing metamaterials technology.


PharmStars launches accelerator to transform how pharma and digital health startups do business
Published: 02-06-2021 | 15:23:56 | By: Pie Kamau
PharmStars announced the launch of its global digital health accelerator to transform how pharma and startups do business.


Audiotech startup Chaos Audio revamps inventive guitar multi-effects platform
Published: 02-06-2021 | 15:07:00 | By: Pie Kamau
Student-led startup Chaos Audio returns to Kickstarter with a much-improved version of its next-generation multi-effects guitar pedal, Stratus.


Tech startup Britive raises $10m to secure privileged access for multi-cloud enterprises
Published: 01-06-2021 | 12:58:00 | By: Pie Kamau
Britive, a cloud-native dynamic access management platform announced it has raised $10 million in a Series A funding round led by Crosslink Capital with participation from seed round investors Upfront Ventures and One Way Ventures.


Digital wallet startup Eco raises capital from cultural and business leaders to create a better financial future for everyone
Published: 01-06-2021 | 12:44:00 | By: Pie Kamau
Eco, a digital wallet for saving and spending, announced some of the world's most prominent cultural icons participated in its recent fundraise of more than $26 million, alongside a16z Crypto, Founders Fund, and more than one hundred others.


Latin American proptech startup Houm raises $8m to expand and consolidate across the region
Published: 01-06-2021 | 12:18:00 | By: Pie Kamau
Latin American proptech startup Houm raised $8 million round after Y Combinator Winter 2021 program which it will invest in for growth and consolidation its actual markets.


Podcasting startup Spokn closes oversubscribed $4m seed round funding for market expansion
Published: 01-06-2021 | 11:57:00 | By: Pie Kamau
Spokn, the podcasting platform for work, announced it has closed an oversubscribed $4 million seed round with funding from NEA, Y Combinator, along with Reach Capital, Funders Club, Liquid2, Share Capital, SOMA Capital, Scribble VC and Hack VC.