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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3936318 | Tags:







Estonian startup Bisly raises €3.6m for energy-saving building automation in EU
Published: 19-10-2023 | 14:44:00 | By: Pie Kamau
Bisly has closed a €3.6 million round of fundraising.


Vesalius Biocapital announces first close of fourth fund raising €95m
Published: 29-06-2023 | 15:27:00 | By: Pie Kamau
Vesalius Biocapital announced the first close of its fourth fund, Vesalius Biocapital IV, securing over €95m.


Kenyan fashion e-Commerce startup ShopZetu raises pre-seed funding to fuel growth of its marketplace
Published: 29-06-2023 | 14:25:00 | By: Pie Kamau
Kenyan fashion e-Commerce startup ShopZetu has raised $1m pre-seed funding.


Brex taps Jason Mok to support the next generation of founders
Published: 29-06-2023 | 13:51:00 | By: Pie Kamau
Brex announced that Jason Mok has joined the team to support commitment to serving startups and their founders.


IP Fabric announces $25m Series B funding to accelerate adoption of network assurance
Published: 29-06-2023 | 13:35:00 | By: Pie Kamau
IP Fabric announced it has closed $25 million Series B funding round.


Swiss medtech startup Berlin Heals completes financing round for its ongoing CE- study
Published: 29-06-2023 | 13:15:00 | By: Pie Kamau
Berlin Heals has developed a breakthrough method for therapy of heart failure.


Belgian startup NineID raises $2.6m to bridge the digital and physical worlds of corporate security
Published: 28-06-2023 | 11:23:00 | By: Pie Kamau
Belgian startup NineID announced raising $1.2m, closing its $2.6m seed round.


Kenyan startup MESH grows to reach 150,000 young entrepreneurs
Published: 28-06-2023 | 11:02:00 | By: Pie Kamau
Kenyan startup MESH, announced it has reached 150,000 members.


Nigerian healthtech startup Helium Health raises $30m Series B funding
Published: 28-06-2023 | 10:44:00 | By: Pie Kamau
Helium Health announced it has raised $30 million in Series B funding.


AdvisorCheck raises $1.8m to transform the way people vet and monitor financial advisors
Published: 28-06-2023 | 10:27:00 | By: Pie Kamau
AdvisorCheck has announced its $1.8 million seed round of funding.


1Fort raises $2m to automate and simplify cyber insurance for businesses
Published: 28-06-2023 | 10:16:00 | By: Pie Kamau
1Fort has completed a successful $2 million pre-seed round financing.


Italy’s Planckian closes €2.7m pre-seed round to develop quantum batteries
Published: 27-06-2023 | 18:36:00 | By: Pie Kamau
Planckian has raised over €2.7 million in pre-seed funding round led by Eureka! Venture.


NBA superstar Chris Paul joins plant-based startup Wicked Kitchen as investor
Published: 27-06-2023 | 18:20:00 | By: Pie Kamau
10-time NBA All-Star Chris Paul has joined the Wicked team as an investor.


Federato raises $25m Series B funding to continue catalyzing insurance's "AI moment"
Published: 27-06-2023 | 18:03:00 | By: Pie Kamau
Federato has raised $25 million in Series B funding led by Caffeinated Capital.


Kenyan mobility startup Stima secures €100k investment
Published: 27-06-2023 | 17:45:00 | By: Pie Kamau
Stima Mobility has secured €100,000 investment from DEG Impulse.


Seedstars, Fondation Botnar launch youth Wellbeing Ventures with $20m investment in Africa
Published: 27-06-2023 | 17:36:00 | By: Pie Kamau
Seedstars Capital and Fondation Botnar have invested $20m for early-stage startups.


The role of crypto-friendly banks in facilitating financial inclusion, Plug and Play
Published: 26-06-2023 | 13:16:00 | By: Pie Kamau
Financial inclusion is a key aspect of economic growth and development.


Molten Ventures leads €5m round in Oliva to expand workplace mental health support
Published: 26-06-2023 | 12:15:00 | By: Pie Kamau
Molten Ventures has led a €5 million round in Oliva.


Focused Energy startup raises $82m funding to advance laser-based nuclear fusion
Published: 26-06-2023 | 11:57:00 | By: Pie Kamau
Focused Energy raised $11m in Series A funding, bringing its total funding to $82m.


AI-enabled startup AvoMD raises $5m to combat clinician burnout
Published: 26-06-2023 | 11:44:00 | By: Pie Kamau
AvoMD announced it has closed $5 million in seed funding led by early-stage venture fund AlleyCorp.


SEI appoints Sneha Shah as Head of New Business Ventures
Published: 20-06-2023 | 15:59:00 | By: Pie Kamau
SEI has announced the appointment of Sneha Shah as an Executive Vice President and Head of New Business Ventures.


Stellantis Ventures seeds innovation with investments into sustainable mobility
Published: 16-06-2023 | 15:21:00 | By: Pie Kamau
Stellantis Ventures has been formed to support 'Dare Forward 2030' strategic plan.


Haul247 secures $3m seed funding to drive innovation in Africa’s logistics industry
Published: 16-06-2023 | 15:07:00 | By: Pie Kamau
Haul247 has raised $3 million in a seed funding round.


Germany joins Europe Startup Nation Alliance (ESNA)
Published: 16-06-2023 | 14:43:00 | By: Pie Kamau
Germany Trade & Invest (GTAI),  Europe's largest economy, has joined Europe Startup Nation Alliance (ESNA).


Orange partners with Digital Africa to strengthen the growth of African startups
Published: 16-06-2023 | 14:12:00 | By: Pie Kamau
Orange has partnered with Digital Africa, to promote and strengthen African startups.


Decentralized identity startup Intuition raises $4m funding round
Published: 16-06-2023 | 13:56:00 | By: Pie Kamau
Decentralized infrastructure provider Intuition has raised $4 million in a seed round fundraise.


Chatbots with fraud detection software are revolutionizing underwriting, Plug and Play
Published: 14-06-2023 | 16:38:00 | By: Pie Kamau
Chatbots are dramatically reshaping the insurance industry.


Manganum attracts second round of seed investment from Mitgo
Published: 14-06-2023 | 16:20:00 | By: Pie Kamau
Manganum has received has two rounds of investment from global IT company Mitgo.


Hexagon calls for startups to apply for its third Sixth Sense cohort
Published: 14-06-2023 | 15:50:00 | By: Pie Kamau
Hexagon's Manufacturing Intelligence division has announced a call for startups to apply for its third Sixth Sense cohort.


Foodtech startup PartnerSlate raises $4m from to accelerate growth
Published: 14-06-2023 | 15:33:00 | By: Pie Kamau
PartnerSlate has raised $4 million round led by Supply Change Capital.


German autonomous, electric trucking startup FERNRIDE raises $31m Series A funding
Published: 14-06-2023 | 15:01:00 | By: Pie Kamau
FERNRIDE has secured $31m Series A funding.


UK renewable energy startup tem. raises £2.5m to transform the broken energy market
Published: 13-06-2023 | 10:59:00 | By: Pie Kamau
tem., the UK-based renewable energy startup, has secured £2.5m funding round.


Financial IT launches Fintech Pathfinder, showcasing the most promising fintech startups
Published: 13-06-2023 | 10:36:00 | By: Pie Kamau
Financial IT announced the launch of its highly anticipated Fintech Pathfinder.


AI-driven pet biometrics startup Petnow launches in France
Published: 13-06-2023 | 10:19:00 | By: Pie Kamau
Petnow, the provider of advanced pet identification solutions, announced the expansion of its groundbreaking app to the French market.


Montfort Ventures opens inaugural branch in San Diego, California
Published: 13-06-2023 | 10:04:00 | By: Pie Kamau
Montfort Ventures, a boutique startup fundraising advisory firm, announced the opening of its inaugural branch in San Diego.


Customer success platform ZapScale secures $2.5m seed funding to accelerate growth
Published: 13-06-2023 | 09:44:00 | By: Pie Kamau
ZapScale announced it has successfully raised $2.5 million in seed funding.


Volvo Group Venture Capital invests in Trucksters to manage innovative relay trucking in Europe
Published: 12-06-2023 | 16:06:00 | By: Pie Kamau
Volvo Group Venture Capital has invested in Madrid based startup, Trucksters.


SAP selects YOOBIC for an exclusive startup program
Published: 12-06-2023 | 15:52:00 | By: Pie Kamau
YOOBIC, the all-in-one Frontline Employee Experience Platform, announced it has been selected by SAP.


Mental health startup Anise raises $1.2m pre-seed to expand culturally-responsive care
Published: 12-06-2023 | 15:36:00 | By: Pie Kamau
Anise Health, a digital mental health company, completed $1.2m pre-seed round.


[Column] Patrick Ndegwa: Journey to the centre of the cloud; why Kenya should store data locally
Published: 12-06-2023 | 15:16:00 | By: Pie Kamau
Kenyan businesses are migrating to the cloud en masse.


Africa among top 3 regions prone to mobile financial scam, report
Published: 12-06-2023 | 14:58:00 | By: Pie Kamau
Throughout 2022 and the first quarter of 2023, 14% of installs of potentially unwanted mobile financial apps on Android phones were made.


[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Published: 09-06-2023 | 12:40:00 | By: Pie Kamau
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo.


Cambridge-based biotech startup Uncommon raises $30m
Published: 09-06-2023 | 12:27:00 | By: Pie Kamau
Biotech startup Uncommon has raised $30m to pave way for scalable cultivated meat utilising RNA technologies.


Karoo Health raises $3.4m in oversubscribed seed round
Published: 09-06-2023 | 11:57:00 | By: Pie Kamau
Karoo Health announced the closing of an oversubscribed seed round of $3.4 million.


Fintech firm LemFi expands diaspora remittance services to Kenya
Published: 09-06-2023 | 11:45:00 | By: Pie Kamau
LemFi announced it has formally launched its diaspora remittance services in Kenya. 


SK networks invests $2m in AI farming Dutch startup Source.ag
Published: 09-06-2023 | 11:35:00 | By: Pie Kamau
SK networks announced it will invest $2m Series A funding round of $27 million for Source.ag.


[Interview] Renate Swanepoel, COO, INC. Networking
Published: 07-06-2023 | 15:43:00 | By: Pie Kamau
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker.


Web3 and the rise of the digital asset investor, Plug and Play
Published: 07-06-2023 | 15:23:00 | By: Pie Kamau
Web3 is a more decentralized system for sharing data and managing digital assets.


Reseda Group invests $2m in five fintech startups
Published: 07-06-2023 | 15:09:00 | By: Pie Kamau
Reseda Group announced it is investing more than $2 million to support five emerging fintech companies.


GGV Capital launches NextGen Fellowship 2023 program
Published: 07-06-2023 | 14:54:00 | By: Pie Kamau
GGV Capital announced NextGen Fellowship 2023 program to promote diversity, inclusion in the tech Industry.


Aena launches the second call of its startup acceleration program
Published: 07-06-2023 | 14:42:00 | By: Pie Kamau
Aena has launched Aena Ventures, an open innovation program for accelerating startups.


WEMIX, Hub71 partner to grow global blockchain startup ecosystem
Published: 05-06-2023 | 16:20:00 | By: Pie Kamau
WEMIX and Hub71 have partnered to accelerate growth of their Web3 for startups.


[Column] Nixon Gecheo: Agtech, a pivotal force driving climate change action in agriculture
Published: 05-06-2023 | 16:02:00 | By: Pie Kamau
The agricultural sector is a significant contributor to greenhouse gas emissions.


AWS selects 25 African startups for its Fintech in Africa accelerator
Published: 05-06-2023 | 15:45:00 | By: Pie Kamau
25 African fintech startups have been selected for the inaugural AWS FinTech Africa Accelerator cohort.


Woflow acquires European startup XtremeAI to expand reach bolster AI capabilities
Published: 05-06-2023 | 15:08:00 | By: Pie Kamau
Woflow, the data infrastructure company, announced the acquisition of XtremeAI


Travel experience marketplace GetYourGuide secures $194m to accelerate global expansion
Published: 01-06-2023 | 12:56:00 | By: Pie Kamau
GetYourGuide announced the closing of $194 million in equity and credit financing.


Swiss lender Teylor secures €275m to support SMEs through its credit platform
Published: 01-06-2023 | 12:35:00 | By: Pie Kamau
Swiss fintech Teylor has secured €275m funding from Barclays and other investors.


Lawyer.com launches Million Dollar AI Challenge to expand legal access
Published: 01-06-2023 | 11:52:00 | By: Pie Kamau
Lawyer.com is ramping up a worldwide search to discover the next groundbreaking innovation in Legal AI.


[Column] Somesh Adukia: Paper versus digital; the future of work
Published: 01-06-2023 | 11:12:00 | By: Pie Kamau
Digitization is revolutionizing the way businesses operate across the globe.


Plug and Play, Suncor partner to accelerate sustainable energy, digital transformation
Published: 01-06-2023 | 11:01:00 | By: Pie Kamau
Plug and Play has announced a new relationship with Suncor.


CoinsPaid sees potential in Estonian market, ready to drive innovation in startup ecosystem
Published: 23-05-2023 | 13:35:00 | By: Pie Kamau
CoinsPaid continues to develop and places emphasis on the potential of Estonia.


[Interview] Patrick Mehrhoff, CEO and Founder, Mehrhoff Digital, Estonia
Published: 22-03-2023 | 14:12:00 | By: Pie Kamau
Patrick Mehrhoff is the Founder and CEO of Mehrhoff Digital, a Tallinn-based marketing consultancy for financial services.


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


Tallinn-based climate tech startup Arbonics raises €1.8m pre-seed funding to fight climate change in Europe
Published: 16-09-2022 | 11:19:00 | By: Pie Kamau
Arbonics, a new climate tech startup, is launching its unique data- and science-driven tool to make calculating the potential carbon income of land and forests quicker and easier for landowners in Europe.


Tallinn-based NFTPort raises $26m Series A round to become the leading NFT infrastructure
Published: 15-06-2022 | 14:38:00 | By: Pie Kamau
Estonia's NFTPort announced the closing of a $26 million Series A funding round co-led by Taavet+Sten, the investment vehicle of Taavet Hinrikus and Sten Tamkivi, and Atomico.


Finnish tech startup Bob W acquires Estonian competitor Estonishing Stay to expand its holiday rental platform
Published: 18-05-2022 | 14:26:43 | By: Pie Kamau
Bob W has acquired Estonia’s largest short-stay serviced apartment operator, Estonishing Stay Apartments, tripling Bob W's coverage in Estonia.


Estonian e-Store startup Upty acquires Finnish peer Rekki, opens up seed round
Published: 26-04-2022 | 13:18:00 | By: Pie Kamau
Estonian startup Upty, the resale e-Store in the Baltic region, announced the acquisition of its Finnish peer, Rekki. In addition, Upty is planning to kick-start the fundraising in the coming months in order to pursue the Company's accelerated expansion across Europe.


Tallinn-based Bolt raises €628m funding round to accelerate transition from owned cars to shared mobility
Published: 11-01-2022 | 12:00:00 | By: Pie Kamau
Tallinn-based Bolt announced the closing of €628 million round of funding, its largest funding to date. This funding round will help Bolt accelerate its mission to help cities transform urban areas.


Estonian startup Gelatex raises €1.2m seed round for affordable and scalable manufactured cell-cultured meat
Published: 26-11-2021 | 10:06:00 | By: Pie Kamau
Estonian startup Gelatex announced it raised €1.2m seed round for affordable and scalable manufactured cell-cultured meat, making it cheaper than ever.


Estonian-based fintech startup Fairown secures €4.2 Million funding to invest in waste reduction
Published: 09-11-2021 | 17:12:17 | By: Bob Koigi
Estonian-based fintech company Fairown will fuel international growth and empower more brands to shift from a linear to a circular economy.


Tallinn-based venture capital fund Yolo invests in digital marketing specialists eCartic
Published: 23-02-2021 | 07:47:48 | By: Pie Kamau
Venture capital fund Yolo Investments has made a significant investment into digital marketing specialists and venture hub eCartic.


Cleantech startup Skeleton Technologies joins European Clean Hydrogen Alliance
Published: 03-11-2020 | 11:57:00 | By: Pie Kamau
Estonian cleantech startup Skeleton Technologies has joined the European Clean Hydrogen Alliance, an initiative of European stakeholders who want to engage and contribute to the deployment of renewable and low-carbon hydrogen.


Estonian cleantech startup Skeleton Technologies raises €41.3m from European entrepreneurs
Published: 03-11-2020 | 11:24:00 | By: Pie Kamau
Skeleton Technologies, global cleantech 100 company and largest European manufacturer of ultracapacitor-based energy storage, has completed a €41.3 million financing round.


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


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


Ziticity raises €2.2 million seed investment for Europe expansion
Published: 30-06-2020 | 15:51:00 | By: Pie Kamau
Lithuanian logistics platform Ziticity has closed a €2.2 million seed equity investment round led by NordicNinja VC in participation with Superhero Capital VC, Practica Capital, Superangel VC, Startup Wise Guys and business angel Maksim Golivkin.


Pan-European startup EstateGuru exceeds €350K funding target by 252 %
Published: 09-06-2020 | 13:04:00 | By: Pie Kamau
Pan-European marketplace for short-term, property-backed loans, EstateGuru has closed a €880K funding round on investment platform Seedrs.


EIT Health selects startups for Headstart 2020
Published: 05-06-2020 | 10:28:00 | By: Pie Kamau
Eighty-nine startups from across Europe have been selected to take part in the annual EIT Health Headstart programme.


Forestry startup Timbeter collaborates with Costa Rica government to support digitization of forest management
Published: 04-06-2020 | 09:14:00 | By: Pie Kamau
Estonian forestry startup Timbeter and the government of Costa Rica kicked-off a project with the goal to support the digitization of forest management, and increase competitiveness of the local forestry sector.


Bolt raises €100m from Naya Capital to expand transport, food delivery services in Europe and Africa
Published: 26-05-2020 | 15:02:00 | By: Pie Kamau
Estonia-based Bolt has closed an investment round of €100m from Naya Capital Management to help the company continue to scale its product segments from ride-hailing to micro-mobility and food delivery in Europe and Africa.