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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3809292 | Tags:









icotec ag raises $30m in growth financing from MVM Partners
Published: 29-01-2024 | 14:48:00 | By: Pie Kamau


Swiss healthtech startup CARE appoints Kay Oswald as CEO for U.S. market expansion
Published: 12-10-2023 | 11:17:00 | By: Pie Kamau
CARE has appointed Kay Oswald as the new CEO.


Cordis acquires medical device startup MedAlliance at $1.1 billion
Published: 05-10-2023 | 11:52:00 | By: Pie Kamau
Cordis has completed the acquisition of MedAlliance, a Swiss medical device startup.


Kayna insurtech raises €1m to revolutionize small business insurance
Published: 21-09-2023 | 12:56:00 | By: Pie Kamau
Kayna insurtech has closed a €1m pre-seed funding round.


Swiss sports tech startup Coachbetter raises $2.9m to bridge tech and football for all
Published: 15-08-2023 | 09:54:00 | By: Pie Kamau
Coachbetter has announced the completion of $2.9m seed-plus investment round.


Fintech startup Okoora fuels Paysend's Israeli market entry
Published: 07-08-2023 | 15:10:00 | By: Pie Kamau
Okoora, the Swiss-Israeli fintech startup has partnered with Paysend.


Swiss fintech startup Numarics raises €10.2m seed round
Published: 20-07-2023 | 14:58:00 | By: Pie Kamau
Swiss fintech startup Numarics has raised a €10.2m seed round for its automated accounting and administration solution tailored to SMEs.


SDX joins forces with CV VC to boost digital private equity in Switzerland
Published: 06-07-2023 | 14:06:00 | By: Pie Kamau
SDX has joined forces with CV VC to boost digital private equity in Switzerland.


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.


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.


Swiss startup Taurus raises $65m to further develop its digital asset platform, fuel international expansion
Published: 14-02-2023 | 08:30:00 | By: Pie Kamau
Taurus, the digital asset infrastructure provider for financial institutions in Europe, announced a $65 million Series B capital raise from strategic investors.


Africa’s mobility startup eWaka secures $540K loan from SECO to accelerate growth
Published: 10-02-2023 | 08:40:00 | By: Pie Kamau
Kenyan mobility solutions provider eWaka has secured a $540K loan from the State Secretariat for Economic Affairs (SECO) of the Swiss Confederation.


Squid raises $3.5m to build next-generation cross-chain swaps
Published: 01-02-2023 | 11:09:00 | By: Pie Kamau
Squid, a Zug, Switzerland-based provider of a routing protocol that enables users and developers to easily access cross-chain liquidity, raised a $3.5m seed round led by North Island Ventures.


HashKey and SEBA Bank partner to accelerate institutional adoption of digital assets in Hong Kong and Switzerland
Published: 05-12-2022 | 10:18:00 | By: Pie Kamau
HashKey and SEBA Bank announced a partnership to leverage their digital asset service offerings as well as custody and asset management products to accelerate institutional adoption of digital assets.


Travel startup Wander raises $100m credit facility from Credit Suisse to scale smart vacation homes across the U.S.
Published: 01-12-2022 | 10:36:00 | By: Pie Kamau
Wander, a travel startup with a network of smart vacation homes, announced it has closed a $100 million credit facility with Zürich-based Credit Suisse, a global investment bank and financial services firm.


Swiss Web3 payment startup DePay partners with WooCommerce to bring payments to online merchants
Published: 22-11-2022 | 11:34:00 | By: Pie Kamau
Swiss Web3 payment startup DePay, announced it is joining forces with the self-hostable, open-source eCommerce plugin WooCommerce, pushing decentralization further and providing merchants with the ability to have customers send payments directly to their own wallets.


Swiss settlement banking startup Arf raises $13m seed seed round to further develop its blockchain-based technology
Published: 26-10-2022 | 10:00:00 | By: Pie Kamau
Arf, the VQF-regulated global settlement banking platform using Web3 technologies has raised $13 million in a seed round with the participation of industry leaders.


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.


ABB partners with Dutch AI predictive maintenance scaleup Samotics to expand condition monitoring services
Published: 23-09-2022 | 10:10:00 | By: Pie Kamau
ABB and  Samotics, the provider of ESA technology that is a high-growth scaleup company, have entered a strategic long-term partnership to provide enhanced condition monitoring services.


Swiss biotech startup Hedera Dx raises €14m seed funding to accelerate global adoption of liquid biopsies
Published: 21-09-2022 | 11:52:00 | By: Pie Kamau
Hedera Dx, a Swiss biotech startup, has raised €14 million in funding to launch a blood-based testing solution to profile cancer DNA circulating in the blood, helping patients access better treatments.


Dutch sustainable blockchain startup GRNGrid secures $50m to drive connectivity with crypto exchanges
Published: 20-09-2022 | 15:53:00 | By: Pie Kamau
The GRN Association announced it has secured an investment totaling $50 million for the GRNGrid project from GEM Digital, a venture capital focused on digital currencies.


Amcor increases investment in digital flexible packaging startup ePac
Published: 14-09-2022 | 13:26:00 | By: Pie Kamau
Amcor, a global player in developing and producing responsible packaging solutions, announced a further strategic investment of up to $45 million in ePac Flexible Packaging (ePac), a player in high quality, short run length digitally-based flexible packaging.


Swiss crypto startup 21.co raises $25m, becomes Switzerland's largest crypto Unicorn
Published: 07-09-2022 | 11:51:00 | By: Pie Kamau
21.co, the world's player in providing access to crypto through simple and easy to use products, announced a $25 million round led by Marshall Wace.


Swiss foodtech startup Planted raises €70m Series B funding to accelerate international growth
Published: 01-09-2022 | 15:01:00 | By: Pie Kamau
Swiss foodtech startup Planted, known for its natural biostructured meat made from alternative proteins, announced it has successfully closed its Series B financing round of €70 million.


Swiss tech startup deskbird raises $5m to accelerate growth across Europe
Published: 29-08-2022 | 14:51:00 | By: Pie Kamau
deskbird, a Swiss-based tech company on its way to becoming Europe’s leading workplace management platform, announced the closing of a $5 million Pre-Series A financing round.


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.


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.


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.


Crypto Valley Venture Capital firm launches early-stage fund targeting African blockchain startups
Published: 23-05-2022 | 17:15:28 | By: Pie Kamau
Crypto Valley Venture Capital (CV VC), announced the launch of its African Blockchain Early-Stage Fund targeting blockchain startups from across Africa.


Swiss edtech startup Alphacruncher raises €1.45m for global rollout of research cloud workspace product
Published: 16-03-2022 | 13:36:00 | By: Pie Kamau
Swiss edtech startup Alphacruncher has raised €1.45 million funding from Austrian venture capital firm Alpine Equity, NGM, private investors and existing users, to enable the global rollout of its education and research cloud workspace product, Nuvolos.


Zurich-based smart data capture pioneer Scandit completes $150m Series D funding to expand its global footprint
Published: 09-02-2022 | 14:19:00 | By: Pie Kamau
Zurich-based Scandit, the global player in smart data capture, has completed a Series D funding round of $150 million at a company valuation in excess of $1 billion.


Swiss cybersecurity startup Saporo raises $2.7m pre-seed round to improve resistance against attacks
Published: 28-01-2022 | 11:56:00 | By: Pie Kamau
Swiss cybersecurity startup Saporo announced a $2.7 million pre-seed round co-led by Session VC and Lightbird Ventures to make it easier for businesses of any size to increase their cyber resistance.


Swiss startup Caeli Nova raises CHF 8 million funding to deliver its new emergency oxygen system onto passenger aircraft
Published: 05-01-2022 | 10:56:10 | By: Bob Koigi
This latest round of investment will allow the breathing technology developer to take greater strides in enhancing its technology, and to bring its first products to the market.


World's innovation platform Plug and Play launches in Basel, Switzerland
Published: 19-11-2021 | 12:11:00 | By: Pie Kamau
The largest innovation enabler in the world, Plug and Play, announced the launch of a new office in Basel, Switzerland, in partnership with the first Founding Partner, uptownBasel.


Crypto Valley Venture Capital initiates investment strategy to build blockchain accelerator for African startups
Published: 18-11-2021 | 10:32:00 | By: Pie Kamau
African blockchain disruptors and early-stage startups have joined CV Labs Global Incubation Program Batch 03. The African contingent of incubatees is reflective of Crypto Valley Venture Capital’s (CV VC) global investment strategy.


Israeli logistics AI startup Amphorica partners with Swiss investor Falco Capital to accelerate growth
Published: 18-11-2021 | 09:14:00 | By: Pie Kamau
Falco Capital and Amphorica jointly announced the closing of a capital investment and cooperation agreement. As part of the agreement, Amphorica appoints Falco Capital partner Peter Salzer, as Director of the company's board.


Basel-based DayOne Accelerator launches call for digital health startups
Published: 22-10-2021 | 13:19:00 | By: Pie Kamau
DayOne, the healthcare innovation initiative based in Switzerland, announced the extended deadline for the global call for its digital health accelerator to Friday, 5 November 2021.


[Startup Interview] Paul Foley, CEO, CTEX Markets, UK
Published: 30-04-2021 | 08:17:00 | By: Bob Koigi
Some of the services it offers include trade routing, price aggregation, AI based market analysis and reporting solutions.


[Startup Interview] PJF Schmidt, Lucas Brosi, Marcus Luer, Urs Meier, Founders, Heroes AG, Switzerland
Published: 09-04-2021 | 17:31:00 | By: Bob Koigi
Heroes AG is a Swiss startup that has tapped into the underdeveloped fan merchandising sector through distribution of modern and trendy lifestyle products.


Blockchain startup Vaionex Corporation completes seed funding round with Two Hop Ventures
Published: 17-02-2021 | 13:55:00 | By: Pie Kamau
Vaionex Corporation, a blockchain startup founded by students from the University of Cambridge, announced it has completed a seed funding round with Two Hop Ventures, a Dutch venture capital firm focused exclusively on investing in Bitcoin SV startup.


MindMed partners with Swiss psychedelic drug discovery startup MindShift Compounds to patent next-gen psychedelic compounds
Published: 12-02-2021 | 11:18:40 | By: Pie Kamau
MindMed, a psychedelic medicine biotech company announced a new partnership with Swiss startup MindShift Compounds AG to develop and patent next-gen psychedelic compounds with psychedelic or empathogenic properties.


Swiss biotech startup Memo Therapeutics raises €13.9m to support clinical development of potent antibodies
Published: 06-11-2020 | 14:13:00 | By: Pie Kamau
Swiss biotech startup Memo Therapeutics AG, an innovator in the field of antibody discovery and immune repertoire analysis, announced it has raised €13.9 million in Series B financing.


AI start up TEAL partners with CorionX to develop a sustainable crypto currency system
Published: 21-10-2020 | 11:30:03 | By: Bob Koigi
TEAL, the smart blockchain ecosystem, is partnering with CorionX, the Corion Foundation that supports stablecoin and DeFi awareness through its #MoneyInTheRightDirectionMovement.


Swiss healthtech startup Mobile Health AG selects Infosys for its commercial launch of Consilium Care
Published: 07-10-2020 | 11:51:00 | By: Pie Kamau
Infosys, next-generation digital services and consulting company has been selected by Mobile Health AG to enhance the go-to-market (GTM) strategy for its electronically patient-reported outcomes (ePRO) platform, Consilium Care™.


Swisscom, Ericsson and Qualcomm join forces to find world's most innovative 5G startups
Published: 28-09-2020 | 15:14:00 | By: Pie Kamau
Switzerland's telecommunications and IT company Swisscom is joining forces with Ericsson and Qualcomm CDMA Technologies GmbH to identify the world's most innovative startups and research teams working on 5G applications.


Zurich-based turicode closes €2m seed investments round for growth plans
Published: 11-09-2020 | 12:51:00 | By: Pie Kamau
turicode, a successful Software-as-a-Service provider in the field of document processing solutions based on machine learning and deep learning raised €2 million seed investments to fund the company’s growth plans.


Swiss startup Olympe raises €2.3m investment round to accelerate growth
Published: 28-08-2020 | 15:49:00 | By: Pie Kamau
Olympe, a disruptive software development platform for large companies announced the closing of €2.3 million funding round.


UK startup Quantexa raises $64.7m to drive hyper-growth in big data and analytics ecosystem
Published: 31-07-2020 | 12:26:00 | By: Pie Kamau
Quantexa, the contextual decision intelligence software company, announced that it has raised $64.7 million in Series C funding led by Evolution Equity Partners, with major participation from existing investors.


French startup AB Tasty raises $40m to lead in experience optimization, feature management markets
Published: 31-07-2020 | 12:08:00 | By: Pie Kamau
French startup AB Tasty announced a Series C round of funding to revolutionize how companies deliver the best brand and product experiences.


Swiss cleantech stratup Insolight closes Series A financing with €4.6 million
Published: 30-07-2020 | 16:45:00 | By: Pie Kamau
Swiss cleantech stratup Insolight announced that a Series A Round of €4.6 million has successfully been closed led by Investiere, with co-investors Zürcher Kantonalbank, Swiss Immo Lab and a number of private business angels.


Italian startup TIM, United Ventures launch €150m capital fund to support investments in mature innovative enterprises
Published: 30-07-2020 | 16:22:00 | By: Pie Kamau
Italian startup TIM signed an agreement with United Ventures to launch UV T- Growth fund that will support investments in mature innovative enterprises and SMEs in order to develop technological projects in Italy and abroad.


Seattle based startup Polyarc raises $9 million for augmented reality development
Published: 29-07-2020 | 13:08:00 | By: Pie Kamau
Seattle based startup Polyarc announced the close of its $9 million Series B fund raise led by Hiro Capital, followed by Vulcan Capital, an existing investor, and Galaxy Interactive via its Galaxy EOS VC Fund.


EHF Marketing GmbH, Monaco startup IQONIQ partner to drive fan engagement in European club handball competitions
Published: 29-07-2020 | 12:45:00 | By: Pie Kamau
EHF Marketing GmbH, the marketing subsidiary of the European Handball Federation, announced its partnership with IQONIQ, an innovative new fan engagement platform made for sports and entertainment.


Monaco headquartered startup IQONIQ secures €100m for global expansion
Published: 29-07-2020 | 12:21:00 | By: Pie Kamau
IQONIQ, a new fan engagement platform exclusively targeting the world of sports and entertainment, announced it has entered into a €100 million capital funding agreement with the Luxembourg based investment corporation Lux Media Investments.


Swiss startup Advertima raises €15m Series A funding to make smart retail spaces a reality
Published: 29-07-2020 | 11:53:00 | By: Pie Kamau
Advertima, an emerging computer vision platform provider, announced the close of a €15 million Series A investment round led by existing shareholder Swiss real estate company, Fortimo Group.


Kenyan agritech startup Lentera, MCFI ink deal to provide satellite based crop analysis for Mauritian farmers
Published: 29-07-2020 | 11:15:00 | By: Pie Kamau
The Mauritius Chemical and Fertilizer Industry (MCFI), and Lentera Africa have signed a partnership that will see Lentera provide satellite-based crop health analysis and crop modelling services for Mauritian customers of MCFI.


SAP.iO Fund invests in San Francisco based reference checking startup Crosschq
Published: 28-07-2020 | 14:08:25 | By: Pie Kamau
SAP SE investment arm, SAP.iO Fund, has backed Crosschq, a San Francisco based company that provides a platform for creating and sharing candidate references.


Evonik invests in Chinese tech startup to support intelligent, healthier pig farming
Published: 28-07-2020 | 13:47:00 | By: Pie Kamau
Evonik’s venture capital arm has invested in SmartAHC, a Chinese technology startup that enables more intelligent and healthier pig farming.


African AI startup Superfluid Labs receives investment from ShEquity
Published: 28-07-2020 | 13:17:00 | By: Pie Kamau
GreenTec Capital announces that Superfluid Labs was selected as the first investment for the newly launched ShEquity investment vehicle which focuses on providing smart and sustainable investments for African female entrepreneurs.


Xavier Chapel joins GreenTec as Head of Venture Building
Published: 28-07-2020 | 12:54:00 | By: Pie Kamau
GreenTec Capital announces that Xavier Chapel has joined the team in the role of Head of Venture Building, to leverage his extensive international and entrepreneurial experience in selecting startups that best fit GreenTec investment criteria.


French startup iObeya raises $17m to revolutionize visual management, expand its U.S. footprint
Published: 24-07-2020 | 16:06:00 | By: Pie Kamau
iObeya, a leading provider of Enterprise Visual Management software, announced it has raised $17 million in a second round of funding from Red River West with participation from Atlantic Bridge Capital and Fortino Capital Partners.


London based health tech startup Closed Loop Medicine secures £250,000 Innovate UK continuity funding
Published: 24-07-2020 | 15:46:00 | By: Pie Kamau
Closed Loop Medicine (CLM), London based therapeutics and health tech company has secured a £250,000 COVID-19 Innovate UK Continuity Funding award to support its ongoing clinical research programme.


Go Ignite partners seek 5G use cases in global call for startups
Published: 24-07-2020 | 12:39:00 | By: Pie Kamau
Following the success of its previous global calls for startups, Go Ignite, an alliance of four leading global telcos, has launched Go Ignite: 5G Open Call for Startups to engage startups or venture capital-backed companies.


Spanish medtech startup QUIBIM closes €8 million investment round
Published: 22-07-2020 | 14:43:00 | By: Pie Kamau
Spanish Medtech startup QUIBIM has closed €8 million new financing in a seed funding round co-led by Amadeus Capital Partners and Adara Ventures.


Moroccan learning startup KoolSkools raises $417,000 for local, international expansion
Published: 22-07-2020 | 13:59:00 | By: Pie Kamau
Moroccan learning platform KoolSkools has raised $417,000 from Maroc Numeric Fund II an unnamed business angel.The investment will be used to finance the development of KoolSkools both in Morocco and internationally.


Moroccan fintech startup OnePay announces $417,000 investment from Maroc Numeric Fund II
Published: 22-07-2020 | 13:13:00 | By: Pie Kamau
OnePay, a Moroccan fintech startup that operates as a distributor of means of payment and aggregator of payment and value-added services in electronic transactions announced a $417,000 investment from Maroc Numeric Fund II.


[Startup Interview] Vimbai Malandu, Co-Founder, YuPlan Limited, Zimbabwe
Published: 21-07-2020 | 18:20:00 | By: Bob Koigi
YuPlan Limited is a Zimbabwe digital startup that allows customers to book a venue from anywhere in the world. The platform holds a selection of venues from office spaces, residential plots, gardens, school halls and sports fields among others.


Cornish startup Codices raises $800,000 seed round
Published: 21-07-2020 | 16:25:00 | By: Pie Kamau
Codices Interactive, a Cornish startup from the Falmouth Launchpad Incubator has closed its $800,000 seed round of funding led by the Cornwall and Isles of Scilly Investment Fund (CIOSIF) and Haatch Ventures.


Futuregrowth invests in South African online services disruptor startup SweepSouth
Published: 21-07-2020 | 15:51:00 | By: Pie Kamau
Futuregrowth has invested in SweepSouth, a disruptive online platform for booking, managing and paying for home cleaning, and now a variety of other services.


Kenyan startup PayGo Energy announces strategic investment from Saisan
Published: 21-07-2020 | 15:25:00 | By: Pie Kamau
PayGo Energy, an Energy Access Ventures portfolio company, has secured a strategic investment from Saisan, a leading Japanese energy company.


Dutch fintech startup BUX launches zero-commission investing app to French users
Published: 20-07-2020 | 16:48:00 | By: Pie Kamau
Dutch fintech startup BUX has launched its zero-commission investing app to French users, making it the first neobroker of its kind in the market.


Belfast health tech firm Neurovalens picked for UK startup scheme
Published: 20-07-2020 | 16:36:00 | By: Pie Kamau
Neurovalens, the Belfast tech company behind a headset developed to treat neurological health issues has been chosen for a major UK-wide programme.


Dutch startup Cevinio raises €4.5m to accelerate international growth
Published: 20-07-2020 | 16:18:00 | By: Pie Kamau
Cevinio, a fast-growing Accounts Payable software company from Rotterdam has raised €4.5 million from Endeit Capital and CNBB Venture Partners.


Dutch online startup, scale-up community funds international research into COVID-19
Published: 20-07-2020 | 15:56:00 | By: Pie Kamau
Eighteen entrepreneurs from the Dutch online startup and scale-up community are joining forces to finance an international study by Erasmus MC into the clinical picture of COVID-19.


South African animation and gaming startup Sea Monster secures $1m funding
Published: 17-07-2020 | 15:22:00 | By: Pie Kamau
Animation, gaming and AR/VR company Sea Monster announced the conclusion of a $1m investment from FirstRand’s Vumela Fund.


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.


French startup Ponicode raises €3m to develop Artificial Intelligence for improved code quality
Published: 16-07-2020 | 12:58:00 | By: Pie Kamau
Ponicode, a French start-up specialising in Artificial Intelligence and data sciences has announced a €3 million fundraising led by founder-friendly European VC, Breega, alongside Kima and Plug & Play Ventures.


London based startup TOffeeAM raises £1m in Seed funding to expand its innovative team
Published: 16-07-2020 | 12:36:00 | By: Pie Kamau
TOffeeAM, an Imperial College spin-out that optimizes product designs for Additive Manufacturing (AM), also known as 3D printing, has raised £1 million in seed funding.


[Startup Interview] Sanyogita Patil, CEO, Ahlan Emirate, United Arab Emirates
Published: 16-07-2020 | 09:46:25 | By: Bob Koigi
As small businesses struggle with visibility and constrained marketing budgets, Ahlan Emirate, a startup based in United Arab Emirates has introduced a unique marketing offering that includes free SEO, increased web presence and connecting these businesses to prospective customers through its digital directory.


CDC backs Helios Investment with $100m commitment
Published: 15-07-2020 | 14:40:00 | By: Pie Kamau
CDC Group, UK’s development finance institution and leading impact investor, has committed $100 million to Helios Investors IV, the fourth private equity fund raised by Helios Investment Partners, a leading Africa-focused private equity firm.


IFC helps boost clean tech startups in Egypt, enables farmers switch to solar
Published: 15-07-2020 | 12:41:00 | By: Pie Kamau
IFC is joining forces with the National Bank of Egypt and MSMEDA to strengthen the clean technology entrepreneurship sector and boost Egyptian farmers’ access to finance for solar irrigation.


[Startup Interview] Anton Herbst, CEO, Vincula Holdings, South Africa
Published: 14-07-2020 | 17:00:00 | By: Bob Koigi
Vincula Holdings, domiciled in Johannesburg South Africa, is a startup connecting employers, project sponsors, contractors, subcontractors and suppliers through a platform that also seeks to provide participants with worldwide and focused exposure to grow their market share.


Dutch startup Open Social raises €1.25m for service expansion
Published: 14-07-2020 | 13:23:00 | By: Pie Kamau
Amsterdam-based B2B SaaS platform for building online communities Open Social has raised €1.25 million investment from Peak Capital and Nimbus Ventures.


AWIEF launches Enterprise Development for Women-Owned Ventures in Green Energy Startup Incubator
Published: 14-07-2020 | 08:36:00 | By: Pie Kamau
The Africa Women Innovation and Entrepreneurship Forum (AWIEF) has launched “Enterprise Development for Women-Owned Ventures in Green Energy” and announces the call for applications for Startup Incubator in Malawi and Nigeria.


UK property startups Goodlord and Vouch come together to create new market leader
Published: 13-07-2020 | 14:53:09 | By: Pie Kamau
Property technology company Goodlord will be joining forces with referencing platform Vouch, bringing the fast-growing Vouch business into the Goodlord group.


British Business Investments announces €120m commitment to LGT Capital Partners funds
Published: 13-07-2020 | 14:32:00 | By: Pie Kamau
British Business Investments, a commercial subsidiary of the British Business Bank, announced the third commitment through its £500m Managed Funds Programme.


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.


Wazoku acquires US open innovation leader InnoCentive, raises additional £1.25m to support global growth
Published: 10-07-2020 | 15:46:00 | By: Pie Kamau
Wazoku, idea management software and services firm has announced a new funding round of £1.25M, led by Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) specialist.


The Digital Africa seed fund off to a promising start, offers customized support for African startups
Published: 10-07-2020 | 12:46:00 | By: Pie Kamau
The Digital Africa seed fund for innovative entrepreneurship in Africa is off to a promising start. Just six months on from its launch, already, one third of the €15 million for technical and financial assistance has already begun to flow.


Mali renewable energy startup SolarX closes Series A round led by Energy Access Ventures
Published: 10-07-2020 | 11:09:00 | By: Pie Kamau
Mali-based solar company SolarX announced the close of its Series A round led by Energy Access Ventures, an early-stage fund investing in and supporting decentralized energy companies across sub-Saharan Africa.


U.S. electric-vehicle startup Fisker completes $50m private financing to launch its Ocean all-electric luxury SUV in 2022
Published: 09-07-2020 | 15:04:00 | By: Pie Kamau
Fisker, designer and manufacturer of the world’s most emotionstirring, eco-friendly electric vehicles and advanced mobility solutions announced the successful completion of a $50 million Series C financing round.


Enygma Ventures invests $1m in Zambian fintech startup Lupiya
Published: 09-07-2020 | 14:17:00 | By: Pie Kamau
Enygma Ventures has made a $1 million investment in Zambian based micro finance startup, Lupiya. This investment, will enable Lupiya to continue to scale and roll out its services.


UK startup NumberEight raises $2.3m seed round from Nauta Capital to predict consumer behaviour
Published: 08-07-2020 | 15:21:00 | By: Pie Kamau
NumberEight, a contextual intelligence platform for mobile devices that predicts consumer context to deliver the right content at the right time, has closed a $2.3 million seed round led by Nauta Capital.


German startup NavVis receives €20m funding from the European Investment Bank
Published: 08-07-2020 | 15:01:00 | By: Pie Kamau
The European Investment Bank (EIB) and NavVis signed a contract financing of €20 million to NavVis, a global market leader in digital twin technology.


[Startup Interview] Ian Sendagala, CEO, eFoods Trade, Uganda
Published: 08-07-2020 | 14:23:00 | By: Bob Koigi
eFoods Trade is an African online B2B marketplace connecting African foods to the global markets. The platform targets food importers, exporters, distributors, and manufacturers. Ian Sendagala the CEO explains.


[Startup Interview] Sam Bediako-Asante, Founder, Sambed Consult, Ghana
Published: 08-07-2020 | 14:20:00 | By: Bob Koigi
Sambed Consult in Ghana offers management consultancy services targeting MSMES with a view to helping them improve their management and organizational performance. Sam Bediako-Asante, the startup’s founder elaborates.


Nigeria's FCMB, Passion Incubator partner to launch FCMB Agritech Epic Pitch 2020
Published: 07-07-2020 | 16:27:00 | By: Pie Kamau
Nigeria's First City Monument Bank (FCMB) has partnered with Passion Incubator, a Lagos-based early-stage incubator and accelerator that has invested in some Agritech startups, to launch the virtual edition of the FCMB Agritech Epic Pitch 2020.


GreenTec Capital invests in Nigerian wholesale e-commerce startup Pricepally
Published: 07-07-2020 | 15:34:25 | By: Pie Kamau
GreenTec Capital Partners announced its investment in Pricepally, an innovative digital Nigerian wholesale platform allowing users to purchase food and other products either individually or as a part of a group.


French startup Koala closes €1.6m seed round led by Insurtech Gateway
Published: 07-07-2020 | 15:13:00 | By: Pie Kamau
Paris based insurtech Koala announced an investment of €1.6 million led by London based incubator and fund Insurtech Gateway alongside Playfair Capital, Techstars Ventures and private investors.


ETF leads €7 million investment in Finnish startup Basemark
Published: 07-07-2020 | 14:30:00 | By: Pie Kamau
Basemark, a leading software company specialising in graphics and autonomous driving vehicle software, has successfully concluded a €7 million equity funding round by ETF Partners.


[Startup Interview] Rajat Dayal, CEO, Yabx, India
Published: 07-07-2020 | 11:57:00 | By: Bob Koigi
Yabx targets the unbanked population in the emerging markets of Africa, Asia, and Latin America by leveraging the digital footprints of an individual and providing tailor-made financial services. The startup’s founder and CEO Rajat Dayal explains.


British biotech startup Freeline closes $120m Series C financing round
Published: 06-07-2020 | 15:44:00 | By: Pie Kamau
Freeline, a biotechnology company focused on developing curative gene therapies for chronic systemic diseases announced the closing of a $120 million extended Series C financing.


Ingressive Capital grows African tech fund to $10 million
Published: 04-07-2020 | 13:54:00 | By: Pie Kamau
Ingressive Capital has doubled its investment vehicle to back high-growth, tech-enabled startups across Africa, and now operates a $10 million fund.


New York fintech startup CMG raises $25m to digitally connect equity capital markets participants
Published: 04-07-2020 | 13:27:00 | By: Pie Kamau
Capital Markets Gateway (CMG), a New York based financial technology firm modernizing the equity capital markets (ECM) announced it received a strategic investment of $25 million from several financial firms.


U.S. based startup Andela to double engineering talent pool with Pan-African expansion
Published: 04-07-2020 | 12:45:00 | By: Pie Kamau
Andela, the global talent network that helps companies build remote engineering teams, will now accept engineers from all African countries, expanding its presence from six countries to the entire continent.


Privacy software company OneTrust acquires Seattle based startup Integris
Published: 03-07-2020 | 16:18:00 | By: Pie Kamau
Atlanta-based privacy, security, data governance, and compliance technology company OneTrust announced its Integris Software acquisition.


French startup Unlatch raises $5.8m funding round by AXA Venture Partners
Published: 03-07-2020 | 11:55:00 | By: Pie Kamau
Unlatch, a French pioneer in digital real estate sales, announced a $5.8 million financing round, including $4.5 million in equity from AXA Venture Partners and $1.3 million in debt.


Belgium startup e-peas raises further €8 million in VC for long term growth
Published: 03-07-2020 | 11:07:00 | By: Pie Kamau
Award-winning Belgium start-up e-peas has raised an additional €8 million worth of investment led by Partech and Airbus Ventures, with KBC Focus Fund, W.IN.G, Noshaq Ventures, LeanSquare, Nivelinvest and Vives also contributing.


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.


MFS Africa acquires East Africa fintech startup Beyonic
Published: 03-07-2020 | 09:48:00 | By: Pie Kamau
East Africa fintech startup Beyonic announced that the company has been acquired by MFS Africa. MFS Africa operates Africa’s largest digital payments hub, connecting more than 200 million mobile wallets on the continent.


Nigerian fintech startup Wallets Africa raises undisclosed amount for African expansion
Published: 01-07-2020 | 15:54:00 | By: Pie Kamau
Nigerian fintech startup Wallets Africa has raised an undisclosed amount of funding to expand its operations and continue its quest to become Africa’s foremost borderless digital payments platform.


E-mobility startup Bolt launches electric bikes in Paris
Published: 01-07-2020 | 15:19:00 | By: Pie Kamau
E-mobility startup Bolt has announced the introduction of four and two-wheeled vehicles for Parisian urban commuters, who will now have the opportunity to get from A to B on a Bolt electric bike.


Swiss Life Science startup CUTISS raises €18.7 in series B funding
Published: 30-06-2020 | 16:34:00 | By: Pie Kamau
CUTISS AG, an innovative Swiss Life Science Company has successfully closed its series B financing round at €18.7 million, which was eventually oversubscribed.


Swiss fintech startup Alpian secures €11.5 million to launch digital bank
Published: 09-05-2020 | 08:41:00 | By: Bob Koigi
Swiss digital financial services company, Alpian SA, has announced a successful Series A funding round worth CHF 12.2 million, approximately €11.5 million.