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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3839172 | 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.


Manchester-based consumer insights startup Vypr raises additional £3.4m to scale its product intelligence platform
Published: 31-10-2022 | 11:17:00 | By: Pie Kamau
Fast-growing consumer insights business Vypr has received new investment of £3.4 million, at a significantly increased valuation on its last funding round in January 2021.


[Forum] Promoting investment flows from South Korea to Vietnam
Published: 31-10-2022 | 10:09:00 | By: Pie Kamau
South Korea has been, is, and will be the leading investor in Vietnam. The two parties can cooperate to achieve "Dual Goals" of US$100 billion in bilateral trade and total investment in the near future.


French cloud infrastructure startup Newboot completes first fundraising round to accelerate growth
Published: 31-10-2022 | 09:55:00 | By: Pie Kamau
Toulouse and Paris-based startup Newboot announced it has completed its first fundraising round with NOVA by Saint-Gobain and several Business Angels.


London-based Sidekick raises £3.33m pre-seed to build a modern investment manager for today’s changing world
Published: 31-10-2022 | 07:39:00 | By: Pie Kamau
Sidekick, a digital active investment manager built for today’s rapidly changing world, announced a £3.33 million pre-seed equity round led by Octopus Ventures.


GS1 Hong Kong unlocks the next generation of trade finance service for SMEs in China
Published: 31-10-2022 | 07:21:00 | By: Pie Kamau
GS1 Hong Kong (GS1 HK) announced it has welcomed the launch of Commercial Data Interchange (CDI) by the Hong Kong Monetary Authority (HKMA).


Dutch AI startup Axelera closes $27m Series A investment round to accelerate growth
Published: 28-10-2022 | 15:05:00 | By: Pie Kamau
European AI startup Axelera AI announced the closing of its $27 million Series A investment round to support its AI’s launch and mass production of its first-generation AI acceleration platform.


Caplight secures $3m investment from Deutsche Börse to expand derivatives trading and hedging on private company shares
Published: 28-10-2022 | 14:43:00 | By: Pie Kamau
Caplight Technologies announced it has secured a strategic investment from one of the leading global market infrastructure providers, Deutsche Börse Group, as well as other existing investors.


Georgia-Pacific, gener8tor welcome third cohort of startups to 1915 Studios gBETA accelerator program
Published: 28-10-2022 | 14:28:00 | By: Pie Kamau
Georgia-Pacific, in partnership with global venture firm and startup accelerator gener8tor, has kicked off its third 1915 Studios gBETA accelerator program.


Fintech emerging as Africa’s most vibrant sector, study
Published: 28-10-2022 | 13:42:00 | By: Pie Kamau
Fintech startups in Africa grew 81% in 2021, with South Africa, Nigeria, and Kenya emerging as key hubs on the continent, found a Mastercard study on the state of fintech in African markets.


Kenyan fintech startup Tanda announces agency banking entry in Uganda, Rwanda, Tanzania
Published: 28-10-2022 | 13:32:00 | By: Pie Kamau
Kenyan fintech startup Tanda announced plans for agency banking entry in Uganda, Rwanda, Tanzania to accelerate growth within the East African markets.


Tanzanian fintech startup NALA enables Google Pay payments from the US and UK into Africa
Published: 28-10-2022 | 13:22:00 | By: Pie Kamau
NALA, a Tanzanian fintech startup facilitating remittances from the African diaspora in the UK and US, has integrated Google Pay into its suite of payment options for users.


South African digital identity startup iiDENTIFii raises $15m growth capital to fuel expansion across Africa
Published: 27-10-2022 | 12:33:00 | By: Pie Kamau
Cape Town-based digital identity startup iiDENTIFii announced it has raised $15 million in growth capital to fuel its expansion across Africa.


Meet female scientists who develop cellular and gene therapies in China, Jiang and Zhang
Published: 27-10-2022 | 12:16:00 | By: Pie Kamau
Inside Namtai Inno Park in Guangming District hides a low-profile biomedical development firm; Shenzhen Wingor Biotechnology company.


Stone Ridge launches Wolf, a NYC startup accelerator dedicated to Lightning Network
Published: 27-10-2022 | 12:00:00 | By: Pie Kamau
Stone Ridge, a parent to bitcoin company NYDIG, announced the launch of In Wolf's Clothing (Wolf), the first-ever startup accelerator dedicated to Lightning, a "layer 2" protocol built on top of Bitcoin.


Israeli QuantHealth startup raises $2.6m seed round to provide comprehensive clinical trial simulation solution
Published: 27-10-2022 | 11:45:00 | By: Pie Kamau
QuantHealth, an AI-powered clinical trial design startup, announced its emergence from stealth, along with a $2.6 million seed financing round led by Shoni Top.


SwiftConnect closes $17m Series A financing to scale access control integration platform for hybrid workplaces
Published: 27-10-2022 | 11:34:00 | By: Pie Kamau
SwiftConnect, a software platform provider that enables flexible work by connecting the right people to the right space at the right time, announced it has closed $17 million Series A round of financing.


Danish blockchain startup Drivn enables users earn an income while saving the planet
Published: 27-10-2022 | 11:23:00 | By: Pie Kamau
Drivn, the brainchild of three Danish founders, aims to change the world's travel behavior towards a more sustainable future.


Nashville-based advanced radio technology startup Xtremis announces move to West Virginia
Published: 27-10-2022 | 11:15:00 | By: Pie Kamau
Xtremis, a Nashville-based startup developing advanced, Artificial Intelligence control systems that improve the performance of wireless networks in congested RF environments, announced its intention to relocate to Morgantown, WV.


German biotech startup Mogling Bio completes first seed investment round from Kizoo
Published: 26-10-2022 | 11:28:00 | By: Pie Kamau
Mogling Bio, a German biotech startup, announced it has successfully completed its first seed investment round from sole investor venture capital firm Kizoo Technology Capital.


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.


British fashion startup LØCI raises £4m seed round to disrupt the fashion industry
Published: 26-10-2022 | 10:46:00 | By: Pie Kamau
15-month-old British fashion brand LØCI announced a £4 million seed round, as well as an investment from actor and environmentalist Leonardo DiCaprio to further its impact-driven mission of redefining the sector.


Baukunst raises $100m fund to lead pre-seed investments in companies at the frontiers of technology and design
Published: 26-10-2022 | 10:22:00 | By: Pie Kamau
Baukunst, the collective of creative technologists advancing the art of building companies at the frontiers of technology and design, announced it has raised a $100 million Fund I.


Finnish hospitality tech startup Bob W raises 21€m Series A funding round to accelerate growth
Published: 25-10-2022 | 14:26:00 | By: Pie Kamau
Tech-driven hospitality provider, Bob W, the provider of smarter and more sustainable alternative to hotels and short-stay rentals, has secured €21 million in series A funding, led by IDC Ventures.


Nigerian social commerce startup Bumpa raises $4m seed funding to build the future of commerce for African sellers
Published: 25-10-2022 | 14:07:00 | By: Pie Kamau
Nigerian social commerce startup Bumpa announced it has raised $4 million seed round led by Base10 Partners, the largest black-led fund in the world, with participation from Plug & Play Ventures.


BreadBot maker Wilkinson Baking Company raises $3m seed round to accelerate growth
Published: 25-10-2022 | 13:52:00 | By: Pie Kamau
Wilkinson Baking Company (WBC), the creator of world's first fully-automated commercial bread baking robot, announced the close of its fully subscribed $3.0 million seed round.


Japanese startup SUN METALON raises $5.6m funding to democratize metal 3D manufacturing
Published: 25-10-2022 | 13:36:00 | By: Pie Kamau
SUN METALON, a Japanese startup developing a metal 3D printer, announced the procurement of $5.6 million in its pre-series A funding round.


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.


Netmaker launches with $2.3m funding to fix cloud networking with WireGuard
Published: 25-10-2022 | 12:52:00 | By: Pie Kamau
Netmaker, a cloud networking startup, announced $2.3 million in funding to launch their "superhighway for secure cloud networks." The round was led by Lytical Ventures.


Reproductive tech startup Inti Labs sets sights on global infertility trend
Published: 24-10-2022 | 14:37:00 | By: Pie Kamau
Reproductive tech startup Inti Labs announced its official launch and ambitious long-term vision to overcome infertility. The company is focused on developing a range of first-in-class diagnostic tests for the in vitro fertilization (IVF) market.


Flourish Ventures launches Africa-focused pre-seed investment platform, Madica
Published: 24-10-2022 | 14:24:00 | By: Pie Kamau
Flourish Ventures, a global venture capital firm investing in mission-driven fintech entrepreneurs, announced the launch of affiliate Madica, a structured investment program for pre-seed stage technology companies in Africa.


Fintech startup Banyan raises $43m Series A to scale world's largest SKU data network
Published: 24-10-2022 | 14:10:00 | By: Pie Kamau
Banyan, the network for SKU data, announced it has raised $43 million Series A round led by Fin Capital and M13. The investment will accelerate Banyan's technology and infrastructure growth.


Wayfinder Biosciences startup raises $3.5m to program RNA
Published: 24-10-2022 | 13:22:00 | By: Pie Kamau
RNA design company Wayfinder Biosciences announced it has raised a $3.5 million series seed round led by Notation Capital and Divergent Capital to continue its groundbreaking work in the use of RNA as a detection and therapeutic platform.


Swiss NFT-based athlete investment startup FANtium raises €2m angel investment to democratize athlete financing
Published: 24-10-2022 | 12:04:00 | By: Pie Kamau
Swiss NFT-based athlete investment platform FANtium, announced a private pre-seed round of $2 million.


UK-based climate tech startup Levidian secures £12m investment from Baker Hughes to scale growth
Published: 21-10-2022 | 10:17:00 | By: Pie Kamau
US energy technology giant Baker Hughes has backed Levidian’s world-first decarbonisation technologies with a £12m investment at a £130m valuation, opening up global collaboration opportunities.


President Buhari signs Nigeria Startup Bill into law
Published: 21-10-2022 | 09:59:00 | By: Pie Kamau
Nigeria has become the latest country to pass a Startup Bill, giving a more formal approach to how the startup ecosystem is governed.


Biotech startup Hoxton Farms raises $22m Series A to cultivate animal fat in new pilot facility in London
Published: 21-10-2022 | 09:54:00 | By: Pie Kamau
London-based Hoxton Farms has announced a $22 million Series A round to build a pilot facility for producing cultivated fat: the missing ingredient necessary to make meat alternatives delicious, realistic and versatile.


LHoFT announces15 fintech startups selected for CATAPULT: Inclusion Africa 2022 program
Published: 21-10-2022 | 09:26:00 | By: Pie Kamau
LHoFT has announced the 15 fintech startups that have been selected to participate in the fifth edition of the CATAPULT: Inclusion Africa program. 


National Grid Partners invests $20m in startups to transform the grid
Published: 21-10-2022 | 09:19:00 | By: Pie Kamau
National Grid Partners (NGP) announced investments of $20 million across three startups to transform the way utilities and other enterprises manage vast physical infrastructure.


Nigerian mobility fintech Moove raises £15m financing facility to scale UK operations
Published: 21-10-2022 | 08:55:00 | By: Pie Kamau
Moove announced it has raised £15 million in financing from Emso Asset Management to scale up its UK operations following a successful launch in August.


[Startup Interview] Rupinder Pal Singh, CEO, Seasia Infotech, India
Published: 20-10-2022 | 10:31:21 | By: Bob Koigi
Seasia Infotech is an Indian-based company that offers digital solutions to businesses worldwide that help brands leverage design, development processes and software technologies with personalized customer experiences.


Wine cellaring startup InVintory closes first $1.5m fundraise led by its community of wine collectors
Published: 19-10-2022 | 12:29:00 | By: Pie Kamau
InVintory, a wine cellaring platform, announced it has closed a $1.5 million seed round, with a third of the investment contributed by its own users.


Greenlight Re Innovations announces investment in short-term rental insurance startup Safely
Published: 19-10-2022 | 12:19:00 | By: Pie Kamau
Greenlight Re Innovations (GRI), part of Greenlight Capital Re, has announced an investment in SafelyStay (Safely), the provider of short-term rental insurance.


Paris-based Aqemia raises €30m to scale its deep physics and AI enabled drug discovery pipeline
Published: 19-10-2022 | 11:50:00 | By: Pie Kamau
Paris-based Aqemia has raised €30 million in a Series A funding round led by Eurazeo and Bpifrance through its Large Venture fund, with the participation of Elaia its historic investor.


Worktech startup TaTiO raises $5.3m to enable understaffed companies access America's untapped workforce with AI
Published: 19-10-2022 | 11:26:00 | By: Pie Kamau
TaTiO, a future of work company that uses AI to help companies fill open positions with qualified workers, announced the completion of a $5.3 million seed round.


Insurtech Otonomi raises $3.4m to build a first-to-market blockchain-powered parametric cargo platform
Published: 19-10-2022 | 11:02:00 | By: Pie Kamau
Insurtech startup Otonomi announced it has closed a $3.4 million oversubscribed funding round, to build a first-to-market blockchain-powered parametric cargo platform.


VetsinTech announces winners of second annual tech startup pitch competition
Published: 19-10-2022 | 10:18:00 | By: Pie Kamau
VetsinTech, the national non-profit dedicated to supporting veterans through tech-based programs and opportunities in education, employment, and entrepreneurship, announced the top winners of its second annual tech startup pitch competition.


UK-based spaceflight startup Orbex secures £40.4m Series C funding to scale up its resources
Published: 18-10-2022 | 16:15:00 | By: Pie Kamau
UK-based spaceflight company Orbex has secured £40.4 million for its Series C funding round, led by a new investor, the Scottish National Investment Bank.


Spring Health startup partners with Moda Health to deliver measurement-based mental health care
Published: 18-10-2022 | 15:49:00 | By: Pie Kamau
Spring Health announced its agreement with Moda Health to deliver measurement-based mental health care to select employer groups through Moda's innovative Behavioral Health 360 platform.


Brex partners with AngelList to help Founders better manage and grow startups
Published: 18-10-2022 | 15:28:00 | By: Pie Kamau
Brex announced its partnership with AngelList to help founders effortlessly manage their corporate card and spend within AngelList Stack - a suite of tools that allows founders to manage their company's incorporation.


Sierra Ventures appoints Anne Gherini as Chief Marketing Officer to accelerate firm's growth
Published: 18-10-2022 | 15:14:00 | By: Pie Kamau
Sierra Ventures, an early-stage venture capital firm investing in core enterprise and next-gen technologies, announced that Anne Gherini has joined the firm as Chief Marketing Officer.


Easop launches out of stealth with $2.5m seed funding to unleash full power of equity
Published: 18-10-2022 | 14:35:00 | By: Pie Kamau
Easop announced it has officially launched and raised $2.5 million in seed funding to pursue its mission of making team ownership plans accessible to every private company in the world.


London-based private equity platform Lightrock closes inaugural Climate Impact Fund at €860m
Published: 17-10-2022 | 16:36:00 | By: Pie Kamau
Lightrock, a global private equity platform that backs purpose-driven entrepreneurs tackling the world’s biggest challenges, has closed its inaugural Lightrock Climate Impact Fund (“LCIF” or “the Fund”) with commitments of €860 million.


Amsterdam-based Fastned receives €75m investment from Schroders Capital accelerate future growth
Published: 17-10-2022 | 15:45:00 | By: Pie Kamau
Fastned, the European fast charging company, announced a €75 million private placement of 2,032,520 new depositary receipts representing the same number of new ordinary shares in the capital of the Company with Schroders Capital.


Kenyan home furniture startup MoKo raises $6m to accelerate growth
Published: 17-10-2022 | 15:26:00 | By: Pie Kamau
Kenyan home furniture startup MoKo announced it raised $6.5 million in a Series B funding round, which is a combination of debt and equity.


BDev Ventures invests in B2B adtech startup Nickelytics to accelerate growth
Published: 17-10-2022 | 13:46:00 | By: Pie Kamau
 BDev Ventures announced a partnership with Nickelytics, a Techstars ‘20-backed B2B adtech startup that allows brands to launch hyperlocal out-of-home advertising campaigns.


Mobile banking fintech NorthOne raises $67m Series B funding to accelerate growth across small business communities
Published: 17-10-2022 | 13:30:00 | By: Pie Kamau
NorthOne announced it has raised $67 million in Series B funding. With participation from new and existing investors, NorthOne is poised to further expand the reach of its business management platform.


Hardware-focused accelerator FP Solutions launches with $3m fundraising to develop the disruptive startup ecosystem
Published: 17-10-2022 | 11:20:00 | By: Pie Kamau
FP (First Principle) Solutions, a new hardware-focused accelerator, successfully launched and completed a $3 million seed round fundraising.


Belgian construction management startup Vertuoza raises €4m pre-Series A round to accelerate growth
Published: 14-10-2022 | 13:35:00 | By: Pie Kamau
Vertuoza, the Belgian construction management and monitoring software company for SMEs in the construction sector, announced a new €4 million pre-Series A round.


Mastercard Vice Chairman Gilberto Caldart joins climate impact venture capital firm Vidavo as Venture Partner
Published: 14-10-2022 | 12:55:19 | By: Pie Kamau
Vidavo Ventures announced that the top executive and one of the architects of Mastercard's international expansion and accelerated growth Gilberto Caldart, has joined the firm in the role of Venture Partner.


Ugandan agritech startup Inputi receives investment to boost inputs distribution
Published: 14-10-2022 | 12:41:00 | By: Pie Kamau
Ugandan agritech startup Inputi announced it received an investment funding to boost inputs distribution across the country.


Nigerian healthtech startup Lifestores raises $3m to expand its pharmaceutical marketplace
Published: 14-10-2022 | 12:27:00 | By: Pie Kamau
Nigerian healthtech startup Lifestores Healthcare has raised $3 million for expansion across the country in a pre-Series A funding round.


36 African tech startups selected for MEST Africa Challenge 2022
Published: 14-10-2022 | 12:09:00 | By: Pie Kamau
MEST Africa has announced the 36 technology startups from 5 African countries that have been selected for the regional pitch competition stage of the 2022 MEST Africa Challenge. 


Nigerian data and intelligence startup Stears raises $3.3m to solve Africa’s data dearth
Published: 14-10-2022 | 12:00:00 | By: Pie Kamau
Nigerian data and intelligence company, Stears has raised $3.3 million to enhance its data collection and analytics capabilities, acquire talent and expand into East and Southern Africa.


Ugandan fintech startup Tugende raises $10m pre-Series B funding to increase portfolio growth
Published: 14-10-2022 | 11:35:00 | By: Pie Kamau
Tugende, the innovative fintech platform for MSME credit and asset-financing in East Africa, closed in Q2 pre-Series B equity funding from existing shareholders led by Partech and two new investors, including Women’s World Banking.


BNP Paribas acquires London’s currency management automation fintech Kantox
Published: 12-10-2022 | 14:52:00 | By: Pie Kamau
BNP Paribas announced the signature of an agreement for the acquisition of Kantox, a fintech for the automation of currency risk management.


Cryptocurrency startup Zerion closes $12m Series B funding to build the best wallet for Web3 citizens
Published: 12-10-2022 | 14:38:00 | By: Pie Kamau
Zerion, the wallet for the most active web3 users, announced the closing of a $12.3 million Series B funding round led by Wintermute Ventures.


Barcelona's human resources startup Factorial becomes a Unicorn after $120m Series C investment round
Published: 12-10-2022 | 14:14:00 | By: Pie Kamau
Barcelona-based human resources startup Factorial is now the newest European Unicorn after closing a Series C investment round of $120 million with a valuation of $1 billion.


Logistics Startup Nuvocargo appoints Nicholas Simmons as Head of Engineering to accelerate company's growth
Published: 12-10-2022 | 13:40:00 | By: Pie Kamau
Nuvocargo has appointed former Shopify executive Nicholas Simmons as Head of Engineering to continue to develop the Nuvocargo platform and expand the company’s world-class engineering team.


Amsterdam-based HolidayHero closes €500k pre-seed round to enhance guest experiences in the travel industry
Published: 12-10-2022 | 13:07:00 | By: Pie Kamau
HolidayHero announced a successful closing of €500,000 pre-seed funding round to kick off its vision of delivering proactive and personalized guest experiences in the travel industry.


Climate infrastructure startup EcoCart raises $14.5m Series A to accelerate sustainable e-Commerce
Published: 11-10-2022 | 14:39:00 | By: Pie Kamau
EcoCart, a software company building the infrastructure for e-Commerce companies to operate sustainably at scale, has raised a $14.5 million Series A round.


Software firm Aptean secures growth investment to accelerate innovation and global expansion
Published: 11-10-2022 | 14:18:00 | By: Pie Kamau
Aptean announced that a definitive agreement has been signed through which it will receive a strategic investment from Insight Partners and existing investor TA Associates (TA).


Paris-based cultivated meat startup Gourmey raises €48m Series A funding to accelerate growth
Published: 11-10-2022 | 14:04:00 | By: Pie Kamau
French cultivated meat startup Gourmey, that was part of the Big Idea Ventures program’s first cohort, has raised an oversubscribed €48 million Series A.


CrowdStreet raises $43m to fund growth, accelerate demand for online real estate investing
Published: 11-10-2022 | 13:06:00 | By: Pie Kamau
CrowdStreet, an online real estate investing platform, announced it has raised $43 million in equity and debt capital to help fund the company's growth and make the market for online real estate investing.


Novo Seeds portfolio company NMD Pharma reports positive top-line Phase I/IIa data in myasthenia gravis
Published: 11-10-2022 | 12:46:12 | By: Pie Kamau
Novo Holdings announced that its portfolio company NMD Pharma, reported positive top-line results from a Phase I/IIa clinical trial for its lead asset, NMD670.


Dutch-based Hyperion Lab’s third cohort startups set to improve the world with sustainable AI
Published: 10-10-2022 | 14:21:00 | By: Pie Kamau
Hyperion Lab kicked off its third cohort of the Amsterdam AI innovation program and eight new startups (seven of which are Dutch) want to improve the world with AI.


Online dating startup for Black women CarpeDM closes $1m oversubscribed pre-seed round
Published: 10-10-2022 | 14:00:00 | By: Pie Kamau
CarpeDM, a Techstars portfolio company, announced the closing of its oversubscribed pre-seed financing round bringing total capital raised by the early stage startup to $1.054 million.


GridBeyond secures €6m investment from UK's Claret Capital to support smart energy expansion
Published: 10-10-2022 | 13:50:00 | By: Pie Kamau
GridBeyond, the pioneer in intelligent energy technology, has agreed a debt financing facility of €6 million led by Claret Capital, to support the Irish headquartered company’s continued internationalisation plans. 


Austin, TX-based startup PetPair secures $1.2m pre-seed round to scale pet adoption marketplace
Published: 10-10-2022 | 13:17:00 | By: Pie Kamau
PetPair, an Austin, TX-based foster-powered pet adoption marketplace, announced it has closed a $1.1 million pre-seed round for a total of $1.2 million raised to date.


Żabka Group, Kozminski Business Hub launch second edition of acceleration programme for Polish environmental startups
Published: 10-10-2022 | 12:59:00 | By: Pie Kamau
Żabka Group in collaboration with Kozminski Business Hub, a Kozminski University organisation which seeks and supports startups, is launching the second edition of the acceleration programme.


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.


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.


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.