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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3827231 | Tags:













Stockholm-based climate fintech Cloover secures €7m for renewable energy solutions
Published: 18-10-2023 | 13:03:00 | By: Pie Kamau
Cloover has closed an oversubscribed €7 million pre-seed investment round.


EIF and Swedish fintech Invoier boost European SMEs with €58m financing
Published: 16-10-2023 | 14:59:00 | By: Pie Kamau
EIF and Invoier have partnered to provide SMEs with better access to funding.


Swedish fintech Brite Payments raises $60m to accelerate instant bank payments across Europe
Published: 04-10-2023 | 15:34:00 | By: Pie Kamau
Brite Payments has announced a $60m funding round.


Swedish tech lender Ark Kapital appoints Annika Falkengren to the Board
Published: 29-09-2023 | 11:41:00 | By: Pie Kamau
The Swedish Ark Kapital has appointed Annika Falkengren to its Board of Directors.


Swedish startup QA.tech raises $1m pre-seed round to revolutionize software testing
Published: 26-09-2023 | 12:26:00 | By: Pie Kamau
Swedish startup QA.tech has raised $1m in pre-seed funding round.


Swedish startup Novatron Fusion secures €5m seed funding to propel fusion energy innovation
Published: 06-09-2023 | 10:44:00 | By: Pie Kamau
Novatron Fusion announced the successful closure of its seed round, raising €5m.


Kamupak and &Repeat join forces to build a Nordic market in circular packaging systems
Published: 23-08-2023 | 13:18:00 | By: Pie Kamau
Finnish Kamupak is merging with Swedish competitor, impact tech startup &Repeat.


Swedish fintech Klarna records growth in key European markets
Published: 23-08-2023 | 12:14:49 | By: Pie Kamau
Klarna, the global payments network and shopping assistant, announced strong growth across Europe.


Apica acquires data fabric startup LOGIQ.AI, raises $10m to modernize data management
Published: 17-08-2023 | 14:48:00 | By: Pie Kamau
Apica announced its agreement to acquire data fabric startup LOGIQ.AI.


Swedish SaaS startup CodeScene raises €7.5m financing round to accelerate growth
Published: 15-08-2023 | 11:19:00 | By: Pie Kamau
Swedish SaaS startup CodeScene has successfully raised €7.5m financing round.


DBtune secures €2.4m seed funding to revolutionize AI-based database optimization
Published: 31-07-2023 | 17:04:00 | By: Pie Kamau
DBtune has successfully closed €2.4 million seed funding round led by 42Cap


Belgian fund manager Amavi Captial acquires Sweden’s SF Ventures, increases proptech portfolio
Published: 13-07-2023 | 12:23:00 | By: Pie Kamau
Belgium-based AMAVI Capital has announced expansion into the Nordic region.


The 7 most sustainable cities creating the future of work after COVID-19, Plug and Play
Published: 16-05-2023 | 12:59:00 | By: Pie Kamau
The World Health Organization recently announced that COVID-19 is no longer a global emergency. However, the impact of the pandemic has left a lasting mark on all industries.


Swedish sodium-ion battery developer Altris secures €4.8m funding, appoints new CEO and CFO
Published: 02-05-2023 | 12:17:00 | By: Pie Kamau
Altris, the Swedish sodium-ion battery developer, has secured €4.8 million of bridge financing from its current owners and appointed Björn Mårlid as its new CEO and Christer Bergquist as new CFO.


Stockholm’s Summa Equity acquires majority stake in ​​Logpoint to create European cybersecurity powerhouse
Published: 02-03-2023 | 11:03:00 | By: Pie Kamau
Summa Equity announced the acquisition of a majority stake in Logpoint, the creator of a reliable, innovative cybersecurity operations platform - empowering organization to thrive in a world of evolving digital threats.


CampX by Volvo Group opens new Incubator track for startups to accelerate sustainable mobility innovations
Published: 13-02-2023 | 09:45:00 | By: Pie Kamau
More than 50 startups have developed their ideas at CampX, the global collaboration hub for innovations by Volvo Group.


Finance software startup Quartr signs API deal with Nordnet to enhance informed investment decisions
Published: 06-02-2023 | 12:15:00 | By: Pie Kamau
Finance software startup Quartr signed an API deal with Nordnet, the online broker in the Nordic region, reaching almost two million customers.


Swedish AI startup Viking Analytics raises more than €3m Series A funding for global expansion
Published: 30-01-2023 | 10:32:00 | By: Pie Kamau
Viking Analytics, a Swedish startup developing AI-based machine health monitoring technology, announced the closing of its Series A round, co-led by Belgium-based Finindus and Sweden-based Industrifonden.


Swedish solar power startup SunRoof raises €13.5m growth round to expand across Europe and the US
Published: 19-01-2023 | 11:55:00 | By: Pie Kamau
Swedish solar power startup SunRoof announced it has raised €13.5 million growth round extension to bring its pioneering solar roof system to more homeowners worldwide.


Finance software startup Quartr partners with Lightyear to bring free and easy-to-access company information for investors across Europe
Published: 18-01-2023 | 14:28:00 | By: Pie Kamau
Finance software startup Quartr, signed an API deal with Lightyear, an online broker based in London, serving customers in 20 countries across Europe.


Finance software startup Quartr signs deal with Swedish online broker Avanza
Published: 12-01-2023 | 09:20:00 | By: Pie Kamau
Finance software startup Quartr, announced it has passed a significant milestone on its mission to bring the financial community closer together by signing a breakthrough API deal with Sweden's online broker Avanza.


Swedish automotive manufacturer Scania launches Scania Growth Capital II at €182.8m
Published: 01-12-2022 | 11:32:00 | By: Pie Kamau
Sweden-based automotive company Scania, announced it is launching a new €182.8 million investment vehicle, Scania Growth Capital II, following the success of its first venture capital fund, Scania Growth Capital I.


Swedish startup Finch secures €2.5m funding to spearhead the shift from manual to generative workflows in the AEC industry
Published: 11-11-2022 | 07:05:00 | By: Pie Kamau
Swedish startup Finch announced it has secured €2.5 million funding to spearhead the shift from manual to generative and data-driven workflows in the architecture, engineering and construction (AEC) industry.


Swedish startup Grafbase raises $5m seed funding to build the data platform of the future
Published: 26-10-2022 | 11:06:00 | By: Pie Kamau
Grafbase, the data platform for developers, announced it has raised fresh $5 million seed funding round, bringing $7.3 million in total funding.


Swedish tech startup Lurkit launches Creator Program, a gaming influencer marketing product
Published: 25-10-2022 | 13:14:00 | By: Pie Kamau
Swedish tech startup Lurkit announced it is taking its newest gaming influencer marketing product, 'Creator Program,' to the market.


Stockholm-based R-evolution launches venture capital arm to boost greentech startups
Published: 22-09-2022 | 11:45:00 | By: Pie Kamau
Hexagon AB, a global pioneer in digital reality solutions combining sensor, software and autonomous technologies, announced a new venture capital arm of R-evolution, the sustainable innovation and green-tech investment subsidiary of Hexagon.


Swedish payment startup Billogram raises €15m to accelerate growth in Europe and the DACH region
Published: 31-08-2022 | 11:47:00 | By: Pie Kamau
Swedish invoicing and payment startup Billogram has raised €15 million in funding round led by Swisscom Ventures, with participation from Partech, CNI Nordic and Inbox Capital.


London-based healthtech startup Wondr Medical raises £12m seed round to accelerate global collaboration across the medical community
Published: 30-06-2022 | 15:45:00 | By: Pie Kamau
Digital health startup Wondr Medical, announced it has raised £12 million seed round to accelerate global collaboration across the medical community.


Swiss startup Numarics secures leading position in European fintech with $2.2m funding
Published: 30-06-2022 | 15:19:00 | By: Pie Kamau
Swiss fintech startup Numarics is on its way to becoming the standard for state-of-the-art financial management and accounting for creators and small and medium-sized enterprises in Europe.


The Main Stage partners with RedCrow to build white label fundraising platform
Published: 30-06-2022 | 15:04:15 | By: Pie Kamau
The Main Stage, a software technology company that enables startup founders and entrepreneurs to engage with prospects and investors in an efficient and engaging experience, announced a licensing agreement with RedCrow.


Insurtech startup Spot raises $33m funding to ramp up partnerships, offer affordable coverage for customers
Published: 30-06-2022 | 14:50:00 | By: Pie Kamau
Spot, the tech startup offering on-demand injury insurance, announced it has raised $33 million in funding, including $25 million in equity and $8 million in debt.


Dutch-based LUMO Labs invests in edtech startup Metacampus to empower digital professionals
Published: 30-06-2022 | 14:38:16 | By: Pie Kamau
LUMO Fund II Coöperatieve U.A. and a group of international angel investors are investing €1.5 million in Metacampus, a Barcelona-based training platform built for the virtual economy, to empower digital professionals.


Sustainability data and tech startup ESG Book closes $35m Series B to advance its next-gen technology capabilities
Published: 29-06-2022 | 13:58:00 | By: Pie Kamau
ESG Book, a global player in sustainability data and technology, announced it has closed $35 million in Series B funding to advance its next-generation technology capabilities.


Amsterdam-based employment startup TestGorilla secures $70m Series A to help companies eliminate hiring bias
Published: 29-06-2022 | 13:17:00 | By: Pie Kamau
Amsterdam-based employment startup TestGorilla announced it has secured $70 million Series A to help companies eliminate hiring bias. The round was co-led by Balderton and Atomico.


Medical speech processing startup Cordio Medical raises $18m to accelerate growth
Published: 29-06-2022 | 12:27:00 | By: Pie Kamau
Cordio Medical, a medical speech processing platform, announced its latest successful strategic investment round of $18 million from Ceros Financial Services and Peregrine Ventures.


Real-time compensation platform Pave raises $100m Series C funding, acquires Option Impact
Published: 29-06-2022 | 11:57:00 | By: Pie Kamau
Pave, the real time compensation platform that helps companies plan, communicate and benchmark against the market, announced it has raised $100 million in Series C funding and acquired Advanced-HR from Morgan Stanley.


Indonesian startup Mapan secures $15m Series A funding to enhance financial access and inclusion
Published: 29-06-2022 | 11:26:00 | By: Pie Kamau
Mapan, an Indonesia-based leading startup focused on eliminating barriers to financial access for the masses in the country, announced it has closed a successful Series A round of $15 million.


London-based Screenloop raises $7m for its hiring intelligence platform
Published: 28-06-2022 | 14:49:00 | By: Pie Kamau
Screenloop, the hiring intelligence platform that helps teams hit their recruitment targets faster whilst delivering an enhanced candidate experience, has raised a $7 million seed round.


Rocket VR Health chosen for Newchip's seed-stage global accelerator program
Published: 28-06-2022 | 14:15:00 | By: Pie Kamau
Rocket VR Health was accepted into Newchip's renowned global accelerator program designed to provide all the skills and tools seed-stage founders need to rapidly fund, build and scale their companies.


Breakthrough AI integration platform AI Squared raises $6m seed financing to accelerate growth
Published: 28-06-2022 | 14:02:00 | By: Pie Kamau
AI Squared, the low-code AI integration platform, announced it has raised $6 million Seed financing by global venture capital firm NEA with participation from Ridgeline Partners.


Illumina invests in £30m venture fund to advance breakthroughs in human health
Published: 28-06-2022 | 13:50:00 | By: Pie Kamau
Illumina, a global leader in DNA sequencing and array-based technologies, announced its participation in Time Boost Capital I LP, a £30 million genomics venture fund dedicated to providing match funding to startups graduating from Illumina Accelerator Cambridge.


Givebutter announces $7m seed funding to empower the changemaker generation
Published: 28-06-2022 | 13:37:00 | By: Pie Kamau
Givebutter, a product-led company that developed the first free operating system for nonprofit fundraising, announced it has completed a seed funding round totaling $7 million.


UK-based BotsAndUs secures $13m seed financing for its warehouse data intelligence platform with autonomous robots
Published: 27-06-2022 | 13:35:00 | By: Pie Kamau
BotsAndUs, a cutting-edge intelligence and robotics company has secured $13 million in seed funding to expand its logistics-disrupting solution globally.


Constructiontech startup ProPlanner raises $2.7m to transform construction scheduling
Published: 27-06-2022 | 13:14:00 | By: Pie Kamau
ProPlanner (formerly Ipsum), a web-based and collaborative construction technology platform, announced it has raised $2.7 million in funding led by global software investor Insight Partners.


Africa-focused VC firm TLcom Capital appoints Eloho Omame as Partner
Published: 27-06-2022 | 13:02:00 | By: Pie Kamau
TLcom, the Africa-focused venture capital firm, has appointed Eloho Omame as a Partner, bolstering its capabilities as it ramps up deployment of TIDE Africa Fund II, its new $150 million pan-African tech fund.


Deeptech startup NEU Battery Materials raises S$800,000 seed funding to produce clean and sustainable lithium batteries
Published: 27-06-2022 | 12:44:00 | By: Pie Kamau
Deeptech startup, NEU Battery Materials has raised a total of S$800,000 in seed funding from Momentum Venture Capital and Se-cure Waste Management.


British Virgin Islands-based SithSwap raises $2.65m to build next-gen AMM on StarkNet
Published: 27-06-2022 | 12:25:00 | By: Pie Kamau
SithSwap, the next-generation automated market maker (AMM) on StarkNet, has successfully raised $2.65 million at a $25 million valuation in a seed funding round led by Lemniscap.


Nigerian Lab testing startup HealthTracka raises $1.5m funding for expansion to Kenya and Ghana
Published: 27-06-2022 | 11:31:00 | By: Pie Kamau
Nigerian at-home lab testing startup HealthTracka has raised $1.5 million in funding to expand its operations into Kenya and Ghana. The pre-seed funding which was led by Ingressive Capital.


Proparco completes pre-series-A investment in Moringa to fuel its expansion across Africa
Published: 27-06-2022 | 11:23:00 | By: Pie Kamau
Proparco announced the completion of a pre-series-A investment in Moringa to its expansion across Africa. The funding from Proparco will also facilitate the broadening of the range of courses offered by Moringa.


EuraTechnologies raises €24m to back deep tech startups, open 10 incubators in Eastern Europe
Published: 24-06-2022 | 11:55:00 | By: Pie Kamau
EuraTechnologies announced the raising of €24 million to back deep tech startups and open 10 incubators in Eastern Europe.


Renewable energy startup Posh raises $3.8m seed round to automate EV battery recycling
Published: 24-06-2022 | 11:27:00 | By: Pie Kamau
Y Combinator alum, Posh, announced it has raised $3.8 million in seed funding. The Bay Area startup automates electric vehicle (EV) battery recycling to build sustainable energy storage solutions.


Cleveland-based tech startup Unify Jobs raises $4.5m to enable diversity, equity and inclusion in hiring
Published: 24-06-2022 | 11:12:00 | By: Pie Kamau
Unify Jobs, an equitable hiring technology company, has raised a $4.5 million seed round led by North Coast Ventures with participation from Jumpstart and several other well-established investors.


Gratuity management startup Kickfin closes $6m Series A to fuel growth across the hospitality industry
Published: 24-06-2022 | 10:35:00 | By: Pie Kamau
Kickfin, the gratuity management software for hospitality, announced it has secured its Series A funding to further accelerate the company's rapid growth.


London, Malta-based fintech CityFALCON raises $2m funding to scale growth
Published: 24-06-2022 | 10:19:00 | By: Pie Kamau
London and Malta based fintech CityFALCON closed an equity fundraising campaign on Seedrs of $2 million to scale up the business and bring even more insightful products to market faster.


Nibble Health startup raises $8.5m to humanize healthcare payments
Published: 22-06-2022 | 15:03:00 | By: Pie Kamau
Nibble Health, a B2B healthcare payments company, announced a $8.5 million seed round co-led by Wing Venture Capital and Tiger Global Management, with participation from A* Capital and Expa.


Healthtech startup Spry secures new investment to strengthen its patient management platform
Published: 22-06-2022 | 14:28:00 | By: Pie Kamau
Spry, an end-to-end patient and practice management SaaS platform for physical therapists, announced it has successfully completed a new round of funding to accelerate its mission to build the future of practice management for physical rehabilitation.


Bardeen.ai startup raises $15.3m Series A to bring workflow automation to the masses
Published: 22-06-2022 | 13:56:00 | By: Pie Kamau
Bardeen.ai, the provider of "automation for all" tools, announced an oversubscribed $15.3 million Series A funding round led by global software investor Insight Partners, with participation from existing investors.


Healthtech startup Idoven raises $19.8m funding to redefine detection and precision medicine of cardiovascular diseases
Published: 22-06-2022 | 12:52:00 | By: Pie Kamau
Idoven, a pioneering health tech company advancing early detection and precision medicine of cardiovascular disease, announced it has raised $19.8 million in funding.


Foodtech venture firm Supply Change closes equity investment from Bank of America
Published: 21-06-2022 | 14:38:00 | By: Pie Kamau
Supply Change Capital, a women and Latina powered venture firm investing in early-stage food technology businesses, announced an equity investment from Bank of America.


Nigerian fintech firm VeendHQ secures $330k pre-seed investment to expand operations, scale growth
Published: 21-06-2022 | 14:25:00 | By: Pie Kamau
Nigerian fintech firm VeendHQ announced it has secured $330k pre-seed fund, backed by Magic Fund, The Oak Capital, Future Africa, Berrywood Capital and other angel investors, to expand its operations and scale growth.


Proparco joins forces with Digital Africa to provide financing solutions for African tech startups
Published: 21-06-2022 | 14:21:00 | By: Pie Kamau
As part of its 2022-2025 roadmap, Digital Africa, in partnership with Proparco, will support 200 African startups at different stages of their growth with a wide range of offers at their disposal.


Ugandan fintech platform Tugende closes pre-Series B investment round to accelerate growth
Published: 21-06-2022 | 14:16:00 | By: Pie Kamau
Tugende, the East African fintech platform providing asset financing and digital services to small businesses, announced it has raised a pre-Series B investment round led by current shareholder Partech Africa.


Kenyan insurtech startup mTek secures $3m funding for expansion across the country
Published: 21-06-2022 | 14:06:00 | By: Pie Kamau
On the heels of a recent $1.50 million (KSh 170 million) investment, Kenyan insurtech startup mTek has secured an additional $3 million (KSh 340 million) investment, through both debt and equity from African-focused fintech platform, Finclusion Group.


Insurtech startup INSTANDA raises $45m to fund its next phase of growth
Published: 20-06-2022 | 12:49:00 | By: Pie Kamau
INSTANDA, the no-code core insurance platform provider has announced the closing of its $45 million fundraising led by Toscafund, one of Europe’s leading Growth Equity investment firms for financial services companies.


London-based AI startup Peptone closes $40m Series A funding to build a state-of-the-art research facility in Bellinzona
Published: 20-06-2022 | 12:31:00 | By: Pie Kamau
Peptone, the molecular computational physics company focused on protein drug discovery, announced the successful completion of a $40 million Series A financing round.


Live-streaming platform Elevate K-12 raises $40m Series C to address the growing national teacher shortage
Published: 20-06-2022 | 11:57:00 | By: Pie Kamau
Elevate K-12, provider of high-quality live-streaming instruction for US K-12 classrooms, has closed a $40 million Series C round of funding led by venture capital firm General Catalyst.


Israeli AI-powered sales solution Amy raises $6m seed round to boost business professionals' selling power
Published: 20-06-2022 | 11:37:00 | By: Pie Kamau
Amy, the pioneering AI-driven sales intelligence solution that automates pre-meeting prospect research and enables meaningful business connections, announced it has raised a $6m seed round.


Indian no-code mobile startup Plobal raises $8.5m to expand presence in North America
Published: 20-06-2022 | 11:26:00 | By: Pie Kamau
Plobal Apps, a no-code mobile app platform for e-commerce stores, raised $8.5 million, led by Elevation Capital and Bessemer Venture Partners.


Amsterdam-based biotech startup CimCure raises € 5m seed round to advance its cancer vaccine
Published: 17-06-2022 | 15:03:00 | By: Pie Kamau
CimCure, a biotech spin-off of Amsterdam UMC, focusing on the development of a novel vaccine-based cancer immunotherapy through its Immune-Boost (iBoost) technology, announced it has raised little over € 5 million in a financing Seed Round.


MFS Africa raises $100m funding to accelerate its expansion plans across Africa and Asia
Published: 17-06-2022 | 14:04:00 | By: Pie Kamau
MFS Africa, Africa’s digital payments network, announced it has secured an additional $100 million in equity and debt funding led by Admaius Capital Partners, taking the total amount raised in the series to $200 million.


Greentech startup Green Badger receives $1.125m seed funding to manage sustainable construction
Published: 17-06-2022 | 13:49:00 | By: Pie Kamau
Green Badger, the SaaS developer for managing sustainable construction, announced it has received seed funding of $1.125 million in a financing round led by venture capital firm Shadow Ventures.


Community-centered lifestyle startup Saysh closes $8m Series A round to scale growth
Published: 17-06-2022 | 13:37:00 | By: Pie Kamau
Saysh, the community-centered lifestyle brand co-founded by Olympian Allyson Felix and her brother and business partner Wes Felix, announced a Series A round closed at $8 million.


Y Combinator-backed Proper Finance raises $4.3m to create an integrated reconciliation software for fintechs
Published: 16-06-2022 | 16:04:00 | By: Pie Kamau
Proper Finance, the integrated reconciliation and ledger data platform that enables financial technology companies to maintain complete financial accuracy, closed a $4.3 million seed round


Inovia Capital closes $325m early-stage fund to strengthen the Canadian tech ecosystem
Published: 16-06-2022 | 15:43:00 | By: Pie Kamau
Inovia Capital announced it raised $325 million for its fifth early-stage fund, the latest step in its journey to help build global, sustainable companies that strengthen the Canadian tech ecosystem.


Financial wellness startup Benny closes $1m pre-seed round to help employees build wealth with their benefits
Published: 16-06-2022 | 15:31:00 | By: Pie Kamau
Benny, the platform helping consumers build wealth with their benefits, announced its graduation from Techstars Boulder and the closing of a $1 million pre-seed funding round, led by Matchstick Ventures.


DeFi for construction finance startup Rigor raises $3.5m to end housing's affordability crisis
Published: 16-06-2022 | 15:05:00 | By: Pie Kamau
Rigor, an innovative decentralized finance (DeFi) protocol for construction lending and payments, has secured $3.5m in institutional seed financing from an honor roll of venture funders.


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.


Chinese biotech startup Meta Pharmaceuticals raises $15m to accelerate its pipeline development
Published: 15-06-2022 | 13:44:00 | By: Pie Kamau
META Pharmaceuticals, China's first immunometabolism-based small-molecule drug discovery company, announced two consecutive Seed and Pre-A funding rounds totaling $15 million.


Digital wedding planning startup Fêtefully raises $1.3m funding to scale growth
Published: 15-06-2022 | 12:13:00 | By: Pie Kamau
Fêtefully, the revolutionary digital wedding planning platform, closed a seed round of funding worth $1.3 million to allow the company to continue business growth and scale in the marketplace.


Chinese ARHUD solution provider Raythink completes Series A+ financing to accelerate mass production of in-vehicle AR displays
Published: 15-06-2022 | 11:35:13 | By: Pie Kamau
Raythink, the ARHUD solution provider for the automotive and transportation industry, announced it has raised around $15 million in a Series A+ funding round led by Chengwei Capital.


Berlin Business Office launches Skytrain to support U.S. LPs investing into venture capital funds in Berlin
Published: 15-06-2022 | 11:16:00 | By: Pie Kamau
Berlin Business Office announced the launch of Skytrain, a network to support U.S. LPs (Limited Partners) investing into venture capital funds in Berlin.


AfricArena partners with FMO to accelerate tech startups in Ghana, Morocco and Tanzania
Published: 15-06-2022 | 11:01:00 | By: Pie Kamau
AfricArena, the African series of tech events, announced a partnership with FMO Ventures Program, the Rise Open Innovation Challenge, which focuses on accelerating the growth of startups looking to improve the state of Africa.


Early stage VC firm Kairos Ventures closes third fund at $58m
Published: 14-06-2022 | 14:21:00 | By: Pie Kamau
Kairos Ventures, an early stage venture capital firm investing in physical and life sciences, announced the close of its third fund (Fund III), with capital commitments of $58 million.


CoachHub startup raises $200m Series C funding to democratize coaching worldwide
Published: 14-06-2022 | 14:08:00 | By: Pie Kamau
CoachHub, the global digital coaching platform, closed a $200 million Series C funding round, led by Sofina and SoftBank Vision Fund 2. The round will be used to further scale CoachHub's product innovation and operations.


ScienceMagic.Studios raises $10m pre-seed to demystify Web3 for brands and talent
Published: 14-06-2022 | 13:31:00 | By: Pie Kamau
ScienceMagic.Studios announced it has secured $10.3 million in pre-seed investment from investors including Liberty City Ventures, Digital Currency Group, Coinbase Ventures, Noam Gottesman and Alan Howard.


BCG Digital Ventures launches new innovation centers in India and Morocco
Published: 14-06-2022 | 13:15:00 | By: Pie Kamau
BCG Digital Ventures (BCGDV), the corporate innovation and business-building arm of Boston Consulting Group (BCG), is opening innovation centers in New Delhi, Mumbai and Casablanca, Morocco.


Tunisian edtech startup GOMYCODE raises $8m Series A funding to expand across Africa
Published: 14-06-2022 | 13:01:00 | By: Pie Kamau
Tunisian edtech startup GOMYCODE, raised $8.85 million in series A funding, one of the highest African funding this quarter to expand across Africa.


Kenyan fintech startup Power Financial Wellness partners with Penda Health to extend healthcare services to users
Published: 14-06-2022 | 12:53:00 | By: Pie Kamau
Kenyan fintech Power Financial Wellness has signed a partnership agreement with private healthcare solutions provider, Penda Health, to see both companies mutually benefit from their tech services.


Green tech startup Ecolibrium launches in the UK with $5m pre-Series A funding round
Published: 13-06-2022 | 15:10:00 | By: Pie Kamau
Advisory and climate tech-led sustainability solution Ecolibrium, has opened a new London HQ after raising $5m in a pre-Series A funding round, to support growing demand from commercial and industrial UK real estate owners.


German agritech startup CROP.ZONE secures $11m equity funding to expand to new international markets
Published: 13-06-2022 | 14:42:00 | By: Pie Kamau
Aachen-based integrated weed management startup CROP.ZONE announced it has secured $11m equity funding from existing shareholders and new financial investors.


Swedish gaming startup Lurkit raises $2.7m to empower gaming influencer marketing globally
Published: 13-06-2022 | 14:11:00 | By: Pie Kamau
Swedish gaming influencer marketing platform Lurkit has raised $2.7 million in a seed round from industry investors as the company is launching Quests, a new software suite that enables paid sponsorships between live streamers and gaming companies at scale.


CerraCap Ventures invests in soil microbiome focused agritech startup Solena
Published: 13-06-2022 | 13:55:00 | By: Pie Kamau
CerraCap Ventures, a Global Venture Capital fund headquartered in Southern California, announced an investment in Solena AG, a soil microbiome startup helping farmers improve agricultural yields and optimize agrarian input costs.


Decarbon8 investment opportunity open for agritech innovation and decarbonization startups
Published: 13-06-2022 | 12:33:00 | By: Pie Kamau
The Decarbon8 Fund, an impact investment vehicle established by the E8 climate tech investing community and platform, announced a new Request for Proposal (RFP) for companies advancing regenerative agriculture solutions.


B2B e-Commerce and fintech startup Bazaar raises $70m to revamp the retail industry in Pakistan
Published: 13-06-2022 | 11:57:00 | By: Pie Kamau
Bazaar, Pakistan’s B2B e-Commerce and fintech platform has raised $70 million in a Series B financing led by Dragoneer Investment Group and Tiger Global Management.


Utrecht-based same day and next day delivery startup Trunkrs raises €15 million in growth capital
Published: 10-06-2022 | 13:26:00 | By: Pie Kamau
Trunkrs, specialist in same day & next day delivery for the e-Commerce sector, has successfully raised €15 million in a series B investment round. The financing round was led by Korys, the Belgian investment company of the Colruyt family.


[Column] Alexandra Fraser: Angel investors plugging the early-stage funding gap in sub-Saharan Africa
Published: 10-06-2022 | 12:16:31 | By: Pie Kamau
One of the biggest challenges facing entrepreneurial startups in sub-Saharan Africa is funding – particularly early-stage financial support – even though the landscape across the region has evolved over the past few years with more funders and capital deployed in this space.


Business identity startup Middesk raises $57m Series B round to accelerate growth
Published: 10-06-2022 | 12:10:00 | By: Pie Kamau
Middesk, the business identity platform automating business verification and underwriting decisions, announced it has raised $57 million in a Series B round, co-led by New York-based private equity and venture capital firm Insight Partners.


Taiwanese social CRM startup GoSky AI completes undisclosed seed funding round
Published: 10-06-2022 | 11:23:00 | By: Pie Kamau
Taipei-based social CRM startup GoSky AI announced the completion of an undisclosed seed funding round led by 500 Global venture capital firm.


Canadian digital footprint monitoring startup Flare raises CAD$9.5m Series A to democratize cybersecurity
Published: 10-06-2022 | 11:06:00 | By: Pie Kamau
Flare, the leader in digital footprint monitoring, announced a CAD$9.5 million Series A Round led by Inovia Capital with participation from White Star Capital and Luge Capital.


GreenHouse Capital announces 13 African startups selected for the Microsoft scale-up accelerator
Published: 10-06-2022 | 10:46:00 | By: Pie Kamau
GreenHouse Capital has announced the 13 African startups that have been selected for Microsoft scale-up accelerator program. The programme is targeted at startups a the pre-series A stage looking to expand into new markets.


Vietnam's blockchain gaming startup Ancient8 raises $6m to build infrastructure software for GameFi
Published: 09-06-2022 | 12:33:00 | By: Pie Kamau
Ancient8, a GameFi infrastructure developer and Vietnam's largest blockchain gaming guild and community, announced the completion of a $6 million private round of financing led by Makers Fund and C² Ventures.


Dutch fintech Backbase secures €120m funding to accelerate growth
Published: 09-06-2022 | 12:16:00 | By: Pie Kamau
Dutch financial technology company Backbase, the creator of the category-leading Engagement Banking platform, raised €120 million in growth equity funding from Motive Partners.


Amsterdam-based Instant Commerce secures €2m pre-seed funding to boost its headless storefront builder
Published: 09-06-2022 | 11:51:00 | By: Pie Kamau
Amsterdam-based Instant Commerce announced it has secured €2 million pre-seed funding to boost its headless storefront builder.


Tech startup LibLab raises $42m Series A to autogenerate software development kits for API services
Published: 09-06-2022 | 11:15:00 | By: Pie Kamau
LibLab, a developer tools company that offers a SDK-as-a-Service platform for engineering teams, announced it has raised $42 million in Series A funding to enable the expansion of its core software development kit (SDK) code generator services.


Seed-to-Sale software startup Canix raises $10m Series A funding to accelerate growth
Published: 09-06-2022 | 10:52:00 | By: Pie Kamau
Canix, a market-leading cannabis ERP seed-to-sale platform, announced it has raised $10 million in funding from venture capitalists.


Singapore crypto payments startup Request Finance raises $5.5m seed round to accelerate growth
Published: 09-06-2022 | 10:40:00 | By: Pie Kamau
Request Finance, the Web3 enterprise crypto payments startup, has closed a $5.5 million seed round with institutional backers including Animoca Brands, Europe's leading early-stage venture capital investor Balderton Capital, and XAnge.


French startup CleverConnect merges with Talentry to lead talent acquisition in Europe
Published: 08-06-2022 | 12:36:32 | By: Pie Kamau
CleverConnect, a cloud-based recruiting solutions company, announced the merger with Talentry, a Munich-based provider of talent relationship management solutions, to counteract the current unprecedented shortage of skilled workers.


Fabric tech startup Nextiles raises $5m oversubscribed seed round to fuel growth in smart athletics
Published: 08-06-2022 | 12:19:00 | By: Pie Kamau
Nextiles, a smart fabric technology for athletes, announced its $5 million seed round led by Drive by DraftKings, with participation from the NBA.


Nigerian fintech startup Indicina raises $3m seed funding to expand into other African markets
Published: 08-06-2022 | 12:04:00 | By: Pie Kamau
Nigerian fintech startup Indicina announced it has raised $3 million in seed funding round to foster its commitment to the credit value chain.


Ethena raises $30m Series B for modern and effective compliance training
Published: 08-06-2022 | 11:59:00 | By: Pie Kamau
Ethena, a modern compliance training platform, announced it raised a $30 million Series B, led by Lachy Groom, with participation from existing investors including Felicis, Neo, Homebrew, and others.


Early stage venture capitalist ROBUST primed to bridge innovation gap across borders
Published: 08-06-2022 | 10:59:52 | By: Pie Kamau
Venture capital firm ROBUST has launched on the global stage, with an immediate focus on driving investment into disruptive and innovative companies with high growth potential.


Seae Ventures launches $107m Fund to invest in solutions addressing equity gaps in healthtech and fintech
Published: 08-06-2022 | 10:45:00 | By: Pie Kamau
Seae Ventures, a Boston-based venture capital firm dedicated to advancing equity by investing in women and Black, Indigenous and People of Color (BIPOC) entrepreneurs, has launched its inaugural fund of $107m.


Oslo-based Findable secures €2m seed round for its first-to-market building documentation automation platform
Published: 07-06-2022 | 11:37:00 | By: Pie Kamau
Findable, the Oslo-based startup that automates building documentation using Artificial Intelligence (AI), raised a €2 million seed round led by KOMPAS, with participation by Construct Venture.


Constant Ventures launches $100m venture capital fund to invest in tech startups across West Africa
Published: 07-06-2022 | 11:24:00 | By: Pie Kamau
Constant Ventures, a part of the Constant Group, is raising a $100 million venture capital fund to invest across a range of technology startups with a focus on financial inclusion, education and healthcare.


Investing platform Pluto raises $4m seed round to make systematic investing accessible
Published: 07-06-2022 | 11:13:00 | By: Pie Kamau
Pluto, a free investing platform that makes it easy for stock market traders to enhance their efforts with systematic investing, has closed a $4 million dollar seed round led by at.inc/ Nadav Eylath.


Stellate raises $30m funding to build the global data graph
Published: 07-06-2022 | 10:45:14 | By: Pie Kamau
Stellate, formerly known as GraphCDN, is bringing its expertise in GraphQL APIs to the masses with the help of a $25 million Series A from Tiger Global and a $5 million seed round led by boldstart ventures.


BRV China-backed eVTOL startup Zerog closes $1.48m seed round to accelerate growth
Published: 07-06-2022 | 10:26:00 | By: Pie Kamau
Zerog, a Chinese electric vertical take-off and landing (eVTOL) aircraft developer, completed a $1.48 million seed round with BlueRun Ventures China (BRV China) as the sole investor.


Kenyan E-health startup Maisha Meds hits 1000 active facilities, expands to Nigeria
Published: 07-06-2022 | 10:04:00 | By: Pie Kamau
Kenyan digital pharmacy network Maisha Meds announced it has reached1,000 active facilities, making it one of the largest digital pharmacy networks in sub-Saharan Africa.


UK-based tech startup Florence raises $35m series B funding to revolutionise social care
Published: 06-06-2022 | 16:20:00 | By: Pie Kamau
Florence, the UK-based tech innovator for social care, announced it has raised $35 million through a Series B funding round. Florence will use the investment for product expansion to support care in the UK.


Oregon-based Dutch Bros raises $2.3m to help end ALS
Published: 06-06-2022 | 16:02:00 | By: Pie Kamau
Dutch Bros, a drive-through coffee chain headquartered in Grants Pass, Oregon, announced that together with its customers, raised a record breaking $2.3 million during its 16th annual Drink One for Dane day.


Temasek launches investment platform GenZero to accelerate decarbonisation globally
Published: 06-06-2022 | 13:23:41 | By: Pie Kamau
Temasek announced the launch of GenZero, a wholly-owned investment platform company dedicated to accelerating decarbonisation globally.


Santa Barbara Venture Partners launches $11m Fund to help companies accelerate customer acquisition
Published: 06-06-2022 | 13:10:00 | By: Pie Kamau
Venture capital firm Santa Barbara Venture Partners (SBVP) announced the final close of its $11 million inaugural Fund I focused primarily on investing in tech and tech-enabled firms.


Nigerian edtech startup Afrilearn attracts UNICEF Innovation Fund
Published: 06-06-2022 | 12:58:00 | By: Pie Kamau
Nigerian edtech startup Afrilearn has emerged as the only Nigerian startup to join the latest cohort of the UNICEF Venture Fund.


Ugandan fintech startup Eversend rebrands, announces new features
Published: 06-06-2022 | 12:52:00 | By: Pie Kamau
Eversend, a Ugandan fintech startup providing cross-border money transfers for Africans and Africans in the diaspora has rebranded, to reinforce its commitment to users with an all-inclusive payment platform and a modified look to support this transition.


Constrafor raises $100m+ to increase the construction industry's productivity, dispel cash flow problems
Published: 03-06-2022 | 14:49:00 | By: Pie Kamau
Constrafor, a SaaS construction procurement platform with embedded financing, announced its $100 million+ Seed fundraise in debt and equity to build out new functionality.


RH Capital announces three new investments to improve women's heath
Published: 03-06-2022 | 14:29:00 | By: Pie Kamau
RH Capital, the women's health venture capital fund, announced three new investments to improve health outcomes for women in the US.


Text messaging startup Prokeep raises $9m to modernize distributor communications and commerce
Published: 03-06-2022 | 13:06:00 | By: Pie Kamau
Prokeep, the communications and commerce platform built exclusively for distributors, announced the closing of $9 million seed round.


SaaS recruitment startup HourWork raises additional $2.5m funding to accelerate growth
Published: 03-06-2022 | 12:21:00 | By: Pie Kamau
HourWork, a SaaS recruitment and retention platform for quick-serve restaurant (QSR) franchise owners, announced the closing of $2.5 million in additional Series A funding led by MassMutual's MM Catalyst Fund (MMCF).


Binance Labs closes $500m investment fund to boost blockchain, Web3 and value-building technologies
Published: 03-06-2022 | 11:55:00 | By: Pie Kamau
Binance Labs, the venture capital and incubation arm of Binance, announced the closing of $500 million investment fund to invest in projects that can extend the use cases of cryptocurrencies.


Indonesian social commerce startup Super completes $70m oversubscribed Series C round
Published: 02-06-2022 | 16:29:00 | By: Pie Kamau
Super, an Indonesian social commerce platform serving tier-2 and tier-3 cities and Indonesian rural areas, announced it completed a $70 million oversubscribed Series C round led by NEA with additional investment from Insignia Ventures Partners.


Vancouver cleantech startup VoltSafe introduces electrical technology to reduce the effects of inflation
Published: 02-06-2022 | 16:13:00 | By: Pie Kamau
Vancouver cleantech startup VoltSafe has introduced a new electrical technology to reduce inflation effects in marine, automotive and housing industries.


Swiss Web3 payment startup DePay brings Web3 P2P payment gateway to eligible Shopify merchants
Published: 02-06-2022 | 15:57:19 | By: Pie Kamau
Swiss Web3 payment startup DePay, announced its official integration into omnichannel commerce platform Shopify, allowing for the very first integration of a wallet-to-wallet (P2P) payment solution for eligible Shopify merchants.


Upcycling startup Novoloop extends Series A round to $21m to develop industrial capabilities
Published: 02-06-2022 | 15:45:00 | By: Pie Kamau
Advanced upcycling startup Novoloop nnounced it has expanded its Series A to $21 million through an oversubscribed extension led by Mistletoe Singapore and Hanwha Solutions.


Data analytics startup Gigasheet closes $7m Series A to democratize big data analysis
Published: 02-06-2022 | 15:34:00 | By: Pie Kamau
Gigasheet, a startup that brings data science and big data analytics capabilities to anyone who can use a spreadsheet, announced it has closed $7 million in a Series A funding round.


UAE fintech startup Pemo launches all-in-one spend management platform for MENA SMEs
Published: 01-06-2022 | 10:32:24 | By: Pie Kamau
Pemo, the UAE-based fintech startup empowering businesses across the Middle East, North Africa and Pakistan (MENAP),has announced that it has launched its all-in-one spend management platform.


Indian data insights startup Synaptic raises $20m Series B funding to accelerate growth
Published: 01-06-2022 | 10:27:00 | By: Pie Kamau
Synaptic, an alternative data insights startup, announced the successful closure of $20 million in Series B funding round led by Valor Equity Partne


Nutrition startup Culina Health raises $4.75m funding to democratize access to clinical nutrition
Published: 01-06-2022 | 10:13:00 | By: Pie Kamau
Culina Health, Co-founded by Registered Dietitian Vanessa Rissetto and Steven Kuyan, announced it has secured $4.75 million in seed funding.


Birmingham-based startup Astound raises $1m seed round to improve university access to corporate-sponsored research funding
Published: 01-06-2022 | 09:56:00 | By: Pie Kamau
Astound, a Birmingham-based startup, secured $1 million in seed funding to develop the first marketplace to allow research institutions and universities to easily find corporate sponsors.


Bonfire Ventures raises $230m for two new funds to help B2B software startups beat the odds
Published: 01-06-2022 | 09:35:00 | By: Pie Kamau
Bonfire Ventures, the firm helping seed-stage B2B software companies beat the odds, announced the close of its third core seed fund at $168 million, and its second opportunity fund, at $63 million.


Swedish AI Fund announces new fund targeting AI startups in Africa
Published: 05-04-2022 | 13:17:01 | By: Pie Kamau
Swedish AI Fund (SAIF), an NGO providing financial aid, grants and scholarships to AI projects has announced a new fund targeting AI startups in Africa.


Swedish travel tech startup Acamp acquires Ställpatser, prepares for European expansion
Published: 09-03-2022 | 12:51:00 | By: Pie Kamau
Acamp, the Swedish marketplace connecting campers with landowners, has acquired the popular camping community app, Ställpatser, just weeks after its €2.5 million funding round.


Swedish-Kenyan electric vehicle tech startup Opibus launches first electric bus designed and developed in Africa
Published: 21-01-2022 | 13:28:00 | By: Pie Kamau
Swedish-Kenyan electric vehicle technology startup Opibus has introduced the first all-electric bus in Kenya as well as the first African designed electric bus ever.


Healthtech startup Sigrid Therapeutics raises $8.4m from US, Irish and Swedish investors for diabetes breakthrough
Published: 11-11-2021 | 11:25:00 | By: Pie Kamau
Swedish healthtech startup Sigrid Therapeutics is set to prevent two of the world's biggest health challenges, type 2 diabetes and obesity with its SiPore15® powder.


Minna Technologies raises €15.5 million to expand open banking tech to banks globally
Published: 15-01-2021 | 11:20:00 | By: Bob Koigi
Subscription management software tool Minna Technologies has raised €15.5 million in Series B fundraising led by Element Ventures.


Swedish fintech startup Payer launches beta test program to revolutionize customer registration in B2B e-commerce
Published: 09-11-2020 | 14:51:00 | By: Pie Kamau
Financial Services startup Payer has developed a new registration product that revolutionizes how customer relationships are made between companies online.


Swedfund invests in femtech e-commerce startup Kasha Global to support women’s health in East Africa
Published: 30-10-2020 | 08:28:00 | By: Pie Kamau
Swedfund, the Swedish Development finance institution, announced its investment in Kasha Global, a Femtech e-commerce platform with subsidiaries in Rwanda and Kenya, to support women’s health and self-care.


ESL and DreamHack merge to shape the future of E-sports and gaming
Published: 01-10-2020 | 16:49:00 | By: Bob Koigi
ESL, the world's largest esports company, and DreamHack, the premier gaming lifestyle festival company, have merged organizations to further accelerate their mission to shape the future of esports and gaming.


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


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


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


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


Paypal invests in Sweden fintech startup Tink to grow European footprint
Published: 05-06-2020 | 16:13:00 | By: Bob Koigi
Paypal has invested €90 million in Stockholm-based fintech Tink and entered into a strategic agreement with the startup.


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.


Swedish digital healthcare startup Doktor.se secures $50 million to strengthen online medicare
Published: 28-05-2020 | 14:34:09 | By: Bob Koigi
Doktor.se, one of Sweden's largest players in digital healthcare has secured approximately $50 million in a capital round where Carnegie and Handelsbanken have been advisers.


Swedish startup Mycorena raises €1.2 million funding to expand production, scale-up activities
Published: 26-05-2020 | 15:45:00 | By: Pie Kamau
Swedish startup Mycorena has raised over €1.2 million to fund the scale-up expansion of the product to reach the mass market, by financing the sustainable growth of the company initiating their first small-scale industrial production plant in Falkenberg.


BlaBlaCar partners with Voi Technology to offer e-scooters in France
Published: 26-05-2020 | 14:58:00 | By: Bob Koigi
Carpooling platform BlaBlaCar has chosen to extend its offer and partner with Swedish electric scooters company Voi Technology to offer BlaBla Ride Scooters.