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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3838937 | Tags:

Tanzanian CPG startup Ramani raises $32m to digitize supply chains
Published: 24-11-2022 | 09:40:00 | By: Pie Kamau
Ramani, a Tanzanian startup focused on consumer-packaged goods (CPG) supply chains,  has raised $32 million in Series A debt-equity funding to introduce new financial services as it expands its operations.


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.


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.


African fintech Flutterwave goes live in Tanzania
Published: 30-03-2022 | 10:52:33 | By: Pie Kamau
African fintech Flutterwave announced it has gained approval from the Bank of Tanzania (BoT) to launch its payment service in the country.


Los Angeles-based healthtech startup Kiira Health raises $4m to transform healthcare for young women
Published: 22-12-2021 | 14:58:00 | By: Pie Kamau
Kiira Health, a Los Angeles-based healthcare technology company, closed a $4 million seed round led by 500 Global and Forum VC.


Luxury Travel Hackers launches equity crowdfunding campaign for its influencer based travel startup
Published: 22-12-2021 | 14:31:46 | By: Pie Kamau
Luxury Travel Hackers (LTH) has launched its regulation crowdfunding raise via popular platform Start Engine.


Israeli SaaS security startup Atmosec raises $6m seed round to secure SaaS ecosystems
Published: 21-12-2021 | 13:29:00 | By: Pie Kamau
Atmosec, the SaaS security venture, announced its official launch out of stealth as well as the completion of a $6 million seed funding round, led by Glilot Capital Partners and Battery Ventures.


Spa and salon marketplace startup Spa Space raises $3m seed funding to accelerate growth
Published: 21-12-2021 | 13:03:00 | By: Pie Kamau
Spa Space announced the closure of a $3 million seed round of funding. The three-sided vertical marketplace for the spa and salon industries solves the therapist shortage with a wide range of on-demand staffing solutions.


Crypto investment startup Stacked raises $35m to build out regulated products for retail crypto investors
Published: 21-12-2021 | 12:46:00 | By: Pie Kamau
Stacked, a crypto-investing software that allows users to manage assets and invest in pre-built portfolios and strategies, announced it has raised $35 million Series A funding round led by Alameda Research.


Kenyan fintech startup Paylend raises $2m seed investment to accelerate growth
Published: 21-12-2021 | 12:27:00 | By: Pie Kamau
Paylend, a Kenyan fintech startup focused on providing access to finance and digitizing MSMEs in Kenya announced it has raised $2 million seed investment from Next Chymia Consulting HK Limited.


Next Century Ventures announces inaugural investment in U.S.-based Urban Air Mobility startup ANRA Technologies
Published: 21-12-2021 | 12:08:00 | By: Pie Kamau
Next Century Ventures (NCV), announced it has invested in ANRA Technologies, the forerunner of air traffic control and commercial solutions in the Urban Air Mobility (UAM) industry.


TDK Ventures invests in scalable driverless transportation startup Faction
Published: 20-12-2021 | 15:58:43 | By: Pie Kamau
TDK Corporation announced that subsidiary TDK Ventures, has invested in scalable driverless transportation startup company, Faction.


Israeli influencer marketing startup Humanz raises $8m to accelerate growth
Published: 20-12-2021 | 15:46:00 | By: Pie Kamau
Humanz, an AI powered influencer marketing platform that connects influencers & content creators with brands, announced it has closed an $8 million seed round led by the Stardom Ventures fund.


Nigeria tech startups raised $1.7billion in 2021, report
Published: 20-12-2021 | 14:38:00 | By: Pie Kamau
Since the beginning of 2021, Africa-based tech startups have raised more than $2.9 billion with Nigerian startups which are creating new products, services, and platforms raising $1.7 billion of this total or about 60% of it, a new report has found.


Nigeria's Ventures Platform closes first $40m pan-African fund
Published: 20-12-2021 | 14:35:00 | By: Pie Kamau
Nigeria-based Ventures Platform has announced the first close of its $40 million pan-African fund to invest in market-creating innovations across Africa.


Kenyan fintech startup Tanda inks deal with Twiga Foods to enable vendors vend its digital financial services
Published: 20-12-2021 | 14:12:00 | By: Pie Kamau
Kenya’s fintech startup Tanda announced a new partnership with Twiga Foods that will see Twiga vendors become a one-stop-shop for a variety of digital and financial services offered by Tanda.


Medical device startup ViCentra closes €65m Series C funding to expand footprint of insulin pump across Europe
Published: 16-12-2021 | 12:35:00 | By: Pie Kamau
ViCentra, the company behind Kaleido, world's smallest and lightest wearable insulin pump (patch pump), announced the closing of €65 million Series C financing.


Philanthropi startup raises $4m to power charitable giving legacies of everyday donors
Published: 16-12-2021 | 12:16:00 | By: Pie Kamau
Philanthropi, the company revolutionizing charitable giving by democratizing philanthropy through its "giving-as-a-service" platform, announced it raised $4 million in funding from lead investor Amex Ventures.


Africa-focused edtech startup Edukoya raises $3.5m pre-seed round to accelerate growth
Published: 16-12-2021 | 11:43:00 | By: Pie Kamau
Edukoya, an Africa-focused online learning platform, has raised $3.5 million in a pre-seed round led by Target Global with strategic participation from angel investors including European and African founders.


IFC, ADGM launch She Wins Arabia initiative to boost opportunities for women-led startups and businesses across MENA
Published: 16-12-2021 | 10:56:00 | By: Pie Kamau
IFC and Abu Dhabi Global Market (ADGM) launched She Wins Arabia, an initiative to help women-led startups across the MENA region, get the advice, finance, and mentorship they need to grow.


Kenyan tech startup Wowzi raises $3.2m seed funding to expand across Africa
Published: 16-12-2021 | 10:36:00 | By: Pie Kamau
Kenyan tech startup Wowzi has raised $2 million in seed funding to expand its digital marketplace across Africa.


Polymer No-Code DLP closes $4m seed round to protect leakage of sensitive customer data
Published: 15-12-2021 | 14:07:00 | By: Pie Kamau
Polymer, the cloud native No-Code Data Loss Prevention (DLP) solution for third party SaaS platforms, today announced the completion of a $4 million Seed round led by Story Ventures.


Munich-based startup ZenML raises $2.7m to advance open source MLOps framework
Published: 15-12-2021 | 13:42:00 | By: Pie Kamau
ZenML, the creator of the extensible open source Machine Learning Operationalization (MLOps) framework for data scientists, announced it has raised $2.7 million in its seed round led by Crane Venture Partners.


Mental healthcare startup UpLift raises $8m funding to integrate psychiatry into its delivery platform
Published: 15-12-2021 | 12:43:00 | By: Pie Kamau
UpLift, the first vertically integrated mental healthcare delivery system, announced its expansion into psychiatry as well as the closing of $8 million in secondary funding.


Canadian electric vehicle startup eLeapPower raises $21m funding to accelerate initial production and global growth
Published: 15-12-2021 | 12:03:00 | By: Pie Kamau
eLeapPower, a technology innovator revolutionizing electric vehicles inside and outside, with its Smart Inverter System, announced it raised $21 million CAD in Series A funding.


FirstEnergy invests in Venture Capital Fund to help advance sustainable energy innovation
Published: 15-12-2021 | 11:48:48 | By: Pie Kamau
As part of its efforts to advance new technologies that will benefit customers and address climate change, FirstEnergy announced an incremental investment in global venture capital firm Energy Impact Partners' (EIP) Fund II.


Adanian Labs opens January 2022 cohort applications for its Venture Building Program
Published: 10-12-2021 | 10:22:45 | By: Bob Koigi
Adanian Labs has launched the Adanian Labs Venture Building Program call for startups for 2022. The program invites applications from tech entrepreneurs for the 2022 cohort of exceptional startups to join Adanian Labs in Kenya, Tanzania, Zambia, Nigeria and South Africa.


[Startup Interview] Roman Bysko, CEO, Meredot, Latvia
Published: 09-12-2021 | 07:41:51 | By: Bob Koigi
Meredot is a Latvia-based mobility infrastructure startup that develops electric fueling stations to charge an e-scooter wirelessly and help cities thrive by resolving mobility issues and maximizing the benefits of micro-mobility. The startup’s Co-founder and CEO elaborates.


U.S. housing technology startup Jupe raises $9.5m seed round to build pop-up shelter system
Published: 08-12-2021 | 14:23:00 | By: Pie Kamau
Housing technology startup Jupe announced $9.5 million in seed funding led by Initialized Capital with participation from Y Combinator. The money will be used to hire a CTO and a wider team of software and hard tech engineers.


Binance Labs leads $1.5m seed round for BBS Network
Published: 08-12-2021 | 14:21:00 | By: Pie Kamau
Binance Labs, the venture capital and incubation arm of Binance, led the $1.5 million seed round for Bulletin Board System (BBS) Network, a decentralized Web3.0 public network of user-run online message boards.


London-based professional networking startup myGwork secures £1.6m for global expansion
Published: 08-12-2021 | 13:54:00 | By: Pie Kamau
myGwork, the global business LGBTQ+ recruitment and networking platform, has secured £1.6 million in the latest funding round led by 24Haymarket to grow its user base and continue with its international expansion plans.


Subscription Management startup Chargebee opens new office and data center in Australia
Published: 08-12-2021 | 13:23:00 | By: Pie Kamau
Chargebee, the subscription management platform, announced it has opened a dedicated office and data center in Sydney, Australia to support SaaS and subscription businesses and ensure APP compliance.


MENA’s media & entertainment startup Minly acquires Dubai’s celebrity shoutout platform Oulo
Published: 08-12-2021 | 13:10:00 | By: Pie Kamau
Minly, the MENA region’s media & entertainment startup, announced the acquisition of Oulo, a Dubai-based celebrity shoutout platform focused on the Levant region.


German indoor positioning tech startup NavVis raises €25m funding to digitize commercial buildings and assets
Published: 07-12-2021 | 15:52:00 | By: Pie Kamau
NavVis, a global leader in end-to-end solutions for reality capture and digital twins, announced it received €25 million of fresh equity funding that complements the recent €20 million debt funding from the EIB.


Netherlands emerging as 'Hottest Tech Hub' in Europe, not reaching its full potential yet, report
Published: 07-12-2021 | 15:31:00 | By: Pie Kamau
Atomico, an international investment firm that focuses on helping disruptive technology companies scale globally, announced that the Netherlands is emerging as Europe's hottest tech hub.


U.S. healthtech startup Vim accelerates growth with opening of offices in New York and Tel Aviv
Published: 07-12-2021 | 15:20:00 | By: Pie Kamau
Vim, a technology company building digital infrastructure for U.S. healthcare, opened a new office in Midtown Manhattan and in Nahalat Yitzhak in Tel Aviv, Israel, to accommodate its rapidly growing workforce.


Egyptian fintech startup KlickIt closes first investment round to further develop its platform
Published: 06-12-2021 | 15:27:25 | By: Pie Kamau
Egyptian fees management and digital collection platform, KlickIt, announced the closing of its first investment round to further develop its platform. The round was led by EFG Finance and Camel Ventures, the venture capital arm of dfin Holdings.


Kenyan-based Penda Health partners with femtech e-Commerce startup Kasha to ease contraceptive access for consumers
Published: 06-12-2021 | 15:16:00 | By: Pie Kamau
Healthcare solution provider Penda Health announced a partnership with Rwandan femtech e-Commerce startup Kasha, to enable increase access to contraceptive products via the Kasha digital platform.


Nigerian B2B e-Commerce startup TradeDepot raises $110m to extend ‘Buy-Now-Pay-Later’ services to African retailers
Published: 06-12-2021 | 14:51:00 | By: Pie Kamau
TradeDepot, the B2B e-Commerce and embedded finance platform in Africa, has raised $110 million in an equity and debt funding round to support the delivery of Buy-Now-Pay-Later services to SME retailers.


Canadian bike-tech startup MyVeloFit secures seed funding to scale up its operations, expand service offering
Published: 01-12-2021 | 14:41:00 | By: Pie Kamau
Canadian bike-tech startup MyVeloFit secured seed funding with Shopify's former Chief Technology Officer Cody Fauser leading the investment.


TDK Ventures backs innovative nanomaterials coating technology startup, actnano
Published: 01-12-2021 | 14:23:00 | By: Pie Kamau
TDK Ventures has invested in the Series B financing of actnano, a nanomaterials technology company that is setting new standards for electronics protection with its water and environmental-resistant smart coating solutions.


South Korean AI optimization startup Nota raises $14.7m series B to expand its global business
Published: 01-12-2021 | 14:05:00 | By: Pie Kamau
Nota, an AI optimization platform startup, acquired series B funding amounting to $14.7 million that is announcing. The series B funding was finalized last month, a year after the series A funding of $6.7 million.


Danish healthtech startup Dawn Health raises $25m investment to revolutionize digitalization of global life science industry
Published: 01-12-2021 | 13:39:00 | By: Pie Kamau
Dawn Health, a global leader in digital health, received $25 million investment from a consortium of highly experienced investors.


Tōquidity secures seed round investment from Global Blockchain Ventures Fund
Published: 01-12-2021 | 13:16:00 | By: Pie Kamau
Tōquidity, a Tokenization as a Service company that unlocks liquidity for business and asset owners through digitization, announced Global Blockchain Ventures Fund, LP (GBV) has filled Tōquidity's seed round of funding.


German real estate firm CPS sets base in Kenya targeting investors keen on investing in Zanzibar
Published: 30-11-2021 | 14:00:00 | By: Bob Koigi
German Real Estate Firm CPS has set up a hub in Kenya to offer real estate advice and point Kenyan investors to investment opportunities for real estate projects in Zanzibar.


Investing in mentorship to inspire women in agribusiness
Published: 09-03-2021 | 16:02:00 | By: Bob Koigi
Jolenta Joseph, a Tanzania entrepreneur has built her business tackling malnutrition, an endemic problem in Tanzania, thanks in part to the support she has received since winning the 2020 SUN Pitch Competition.


Tanzania startup tackles hidden hunger with bio fortified foods
Published: 27-08-2020 | 14:27:49 | By: Bob Koigi
An upsurge in cases of malnutrition among children in rural Tanzania, combined with the issue of poor markets for farmers, inspired Jolenta Joseph to venture into the nutrition business in 2017.


African startups win big at the 2020 SUN Pitch competition
Published: 30-07-2020 | 15:45:00 | By: Bob Koigi
The founder of Baby Grubz Nigeria, Oluwaseun Sangoleye, led Africa in winning this year’s 2020 SUN Pitch Competition.


Healthy Maisha startup tackles nutrition gap in Tanzania
Published: 22-07-2020 | 10:00:00 | By: Bob Koigi
Neema Lugangira’s enterprise Healthy Maisha, meaning Healthy Life, operates in Tanzania’s commercial city of Dar es Salaam and seeks to bridge the nutrition gap, and iron deficiency in particular.