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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3889308 | Tags:









Nigerian mobility startup Mecho Autotech raises $2.4m, ventures into wholesale spare parts distribution
Published: 15-09-2023 | 13:02:00 | By: Pie Kamau
Nigerian mobility startup Mecho Autotech, has closed $2.4m pre-Series A investment.


Nigeria's Treepz among startups selected for 2023 VC4A Venture Showcase Africa
Published: 24-08-2023 | 15:35:00 | By: Pie Kamau
Treepz hes been selected to participate in VC4A Venture Showcase Africa. 


Altos Radar raises $3.5m to accelerate development of 4D imaging radars
Published: 16-08-2023 | 10:28:00 | By: Pie Kamau
Automotive radar startup, Altos Radar, has raised $3.5m seed round funding.


6 industries that chemical recycling is poised to disrupt, Plug and Play
Published: 09-08-2023 | 13:19:00 | By: Pie Kamau
Chemical recycling is a process in which waste materials are broken down into their original chemical compounds.


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


How automotive solutions will create sustainable urban living, Plug and Play
Published: 09-05-2023 | 15:37:00 | By: Pie Kamau
Automotive solutions play a critical role in creating sustainable cities, particularly in regard to real estate, urban planning, IoT, AI, and smarter cities in general.


AAM invests in EnerTech's Global Strategic Mobility Fund to advance automotive technologies
Published: 05-05-2023 | 16:13:00 | By: Pie Kamau
American Axle & Manufacturing (AAM), a pioneer in driveline and metal forming technology, announced a $10 million investment in the Global Strategic Mobility Fund (GSMF), a venture capital fund managed by EnerTech Capital.


Chinese electric truck startup DeepWay raises $117m Series A+ round to accelerate mass production of smart electric heavy-duty truck
Published: 28-03-2023 | 12:14:00 | By: Pie Kamau
DeepWay, a smart commercial vehicle developer and manufacturer, announced it had raised $117 million Series A+ financing.


[Interview] Jesse Onomiwo, Co-founder, Autosparkle, Nigeria
Published: 07-03-2023 | 14:33:00 | By: Pie Kamau
Autosparkle is part of Riltouche and Sparkles, a company dedicated to building the largest chain of the most eco-friendly cleaning solutions out of Africa.


Autonomous vehicles affect the future of insurance, Plug and Play
Published: 02-03-2023 | 10:46:00 | By: Pie Kamau
With self-driving technology becoming increasingly available and popular, more and more people are opting to ditch their own cars and ride aboard autonomous vehicles instead.


South African car subscription startup Planet42 raises $100m to break car accessibility barriers
Published: 23-02-2023 | 13:45:00 | By: Pie Kamau
South African car subscription startup Planet42 has raised $100 million in combined equity and debt funding.


Bolt announces plans to expand services in Africa with €500m investment
Published: 21-02-2023 | 10:27:00 | By: Pie Kamau
Bolt has announced plans to invest €500 million to enhance its operations across Africa over the next two years.


eDRV raises seed round to accelerate an interconnected EV charging ecosystem
Published: 21-02-2023 | 08:57:00 | By: Pie Kamau
eDRV, an API-first electric vehicle (EV) charging management solution used at over 7,500 charging locations globally, announced it has closed on a seed funding round.


Insurtech startup OpenEyes emerges from stealth with $23m Series A funding
Published: 15-02-2023 | 14:14:00 | By: Pie Kamau
OpenEyes, an insurtech company serving commercial automotive fleets, today emerged from stealth with $18 million in Series A funding led by global software investor Insight Partners and Pitango First.


French hydrogen startup HySiLabs raises €13m Series A funding to accelerate growth
Published: 02-02-2023 | 13:16:00 | By: Pie Kamau
HySiLabs, the novel hydrogen transport and storage technology developer, announced €13 million Series A financing led by Equinor Ventures, and joined by the European Innovation Council Fund, EDP Ventures and PLD Automobile.


Sofia-based EV charging platform AMPECO raises $13m Series A funding to expand in the US
Published: 25-01-2023 | 12:31:00 | By: Pie Kamau
AMPECO, a Sofia-based white-label EV charging management software platform, closed a Series A funding round of $13 million led by BMW i Ventures.


Opsys Tech closes Series C financing round to accelerate production ramp of its automotive-grade true solid-state LiDAR sensors
Published: 05-01-2023 | 13:04:00 | By: Pie Kamau
Opsys Tech, the developer of patented True Solid-State Scanning LiDAR technology, announced the final closing of its Series C financing round.


Canadian B2B automotive trading startup TRADE X opens new trading facilities in Kenya
Published: 02-12-2022 | 11:56:00 | By: Pie Kamau
TRADE X, a B2B cross-border automotive trading platform based in Ontario, Canada, announced it has opened a new Kenyan trading corridor, which includes both a shared bonded warehouse in Mombasa and an office in Nairobi.


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.


Canadian B2B automotive trading startup TRADE X opens a trade route in Ghana
Published: 22-11-2022 | 11:11:00 | By: Pie Kamau
TRADE X, a B2B cross-border automotive trading platform with its headquarters in Ontario, Canada, announced it has opened a new trade route in Ghana, strengthening the company's presence in Africa.


Stellantis invests in Africar Group to create Auto24, African used vehicle startup
Published: 08-11-2022 | 14:35:00 | By: Pie Kamau
Africar Group and Stellantis have announced the launch of Auto24 activities in Abidjan, Ivory Coast.


Impact Venture Capital portfolio company Alef unveils Alef flying car, the only drivable flying car with vertical takeoff and landing
Published: 08-11-2022 | 14:07:00 | By: Pie Kamau
Alef Aeronautics, an advanced technology company creating alternative transportation solutions for surging traffic trends, introduced the Alef "Model A", the only flying car with street driving and vertical take-off.


Japanese startup TIER IV launches commercial autonomous driving software platforms for multiple operational design domains
Published: 07-11-2022 | 08:55:00 | By: Pie Kamau
TIER IV, an open source autonomous driving startup, announced it has launched commercial autonomous driving software platforms "Pilot.Auto" and "Web.Auto".


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.


German mobility startup Wunder Mobility receives  €12 million to advance shared mobility globally
Published: 05-10-2022 | 14:45:06 | By: Bob Koigi
The investment positions Wunder Mobility as the highest funded provider of software and hardware solutions for vehicle sharing operators with fleets of e-bikes, e-scooters, e-mopeds, and cars.


Autotech startup ServiceUp secures $14.5 million financing to scale to new markets
Published: 04-10-2022 | 16:31:55 | By: Bob Koigi
Founded in early 2021, the South Bay startup connects consumers, via the ServiceUp app, to a ServiceUp Advocate who manages the entire repair process, including payments.


Hyperspec AI startup releases software platform for autonomous driving development
Published: 15-09-2022 | 10:20:00 | By: Pie Kamau
Hyperspec AI, an artificial intelligence startup, released a new tool for developers working on ADAS enabled and autonomous vehicles (AV).


Copenhagen-based Monta lands €30m additional financing to accelerate the buildout of EV charging infrastructure
Published: 14-09-2022 | 15:26:00 | By: Pie Kamau
Monta, the Copenhagen-based all-in-one EV charging management platform, announced it has secured an additional €30 million as part of a Series A+ round led by Energize Ventures.


Dutch solar-powered car startup Lightyear secures €81m additional capital investment
Published: 06-09-2022 | 13:09:00 | By: Pie Kamau
Lightyear, a Dutch high-tech startup developing the world’s first solar car, announced a total investment of €81 million, which includes capital from the public consortium consisting of Invest-NL.


Belgian startup Magnax raises €20m for axial flux “pancake” electric motors
Published: 26-08-2022 | 14:37:00 | By: Pie Kamau
Belgium-based Magnax, technology leader in axial flux electric motors, has closed a €20 million funding round and adds two new investors; BIG Capital, who led the round, and SFPIM.


Israeli AI mobility Nexar acquires Portuguese startup Veniam to open unlimited possibilities for data-rich mobility applications
Published: 08-08-2022 | 10:34:00 | By: Pie Kamau
Nexar, an AI mobility company, announced it has entered into an agreement to acquire Veniam, the provider of intelligent networking for the internet of moving things.


Battery tech startup Britishvolt confirms UK Government funding boost for its battery cell gigaplant
Published: 01-08-2022 | 11:18:00 | By: Pie Kamau
Battery technology pioneer Britishvolt confirmed funding from the UK Government through its Automotive Transformation Fund (ATF) run by the Advanced Propulsion Centre UK following a confirmation letter.


Taiwanese Startup Mindtronic AI opens way to the future of mobility with Meta-Service ecosystem
Published: 01-08-2022 | 09:42:00 | By: Pie Kamau
Mindtronic AI, a Taiwan-based startup, unveiled the world's first Meta-Service, a biometric sensing technology that provides instant access to any visible object in the real world.


Yamaha partners with Nigerian startup MAX for vehicle financing and maintenance
Published: 22-07-2022 | 09:34:00 | By: Pie Kamau
Moto Business Service Nigeria (MBSN), a subsidiary of Japan’s Yamaha Motor Corporation, announced a strategic partnership with Metro Africa Xpress (MAX), to finance and maintain over 50,000 vehicles over the next 2 years.


Novelis partners with recycling startup Sortera Alloys to recycle automotive post-production and consumer scrap
Published: 19-07-2022 | 15:39:00 | By: Pie Kamau
Novelis, a sustainable aluminum solutions provider and the world leader in aluminum rolling and recycling, announced a strategic partnership with Sortera Alloys, an industrial scrap metal sorting and recycling company.


Japanese open-source autonomous driving startup TIER IV launches $300m green autonomous driving project
Published: 19-07-2022 | 13:51:00 | By: Pie Kamau
TIER IV, an open-source autonomous driving startup, announced it has received a grant from the Green Innovation Fund Projects (GI Fund) for research and development of autonomous driving software platforms.


Lithuanian startup Elinta Charge raises €7m to accelerate EV charging solutions
Published: 15-07-2022 | 13:34:00 | By: Pie Kamau
AVIA Capital and LitCapital have invested €7 million in Elinta Charge, a Lithuanian developer and manufacturer of electric vehicle (EV) charging solutions, to support R&D, development of new products and further international expansion in the fast-growing e-mobility market.


Automotive B2B marketplace APFusion raises $6.5m in series seed financing to expand its platform
Published: 11-07-2022 | 09:57:00 | By: Pie Kamau
APFusion, the automotive B2B marketplace and SaaS company focused on modernizing the auto salvage industry, secured $6.5 million in series seed financing bringing the company's total financing to $7 million.


BII invests $20m in African mobility fintech Moove to strengthen the informal transport industry
Published: 01-07-2022 | 14:30:00 | By: Pie Kamau
The British International Investment (BII), the UK government’s Development Finance Institution (DFI), announced a $20 million, 4-year structured credit investment in Moove, a mobility fintech democratising access to vehicle ownership in Africa.


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.


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.


South African on-demand startup ParkUpp secures community basements for car collectors
Published: 30-05-2022 | 12:11:00 | By: Pie Kamau
ParkUpp, a South African marketplace startup that connects owners of parking spaces with companies and individuals who need parking has secured 'collector community basements' in convenient locations across the country.


Autochek acquires Morocco’s automotive tech startup KIFAL Auto to drive North Africa expansion
Published: 20-05-2022 | 11:47:00 | By: Pie Kamau
Autochek, the automotive technology company making car ownership more accessible and affordable across Africa, has announced the acquisition of KIFAL Auto, a Moroccan automotive technology startup, to drive its expansion into North Africa.


Insurtech startup ETAP secures $1.5m pre-seed funding to drive car insurance penetration in Africa
Published: 26-04-2022 | 11:55:00 | By: Pie Kamau
ETAP, an insurtech startup that makes it easier to buy and claim insurance, has secured $1.5 million in pre-seed funding to grow its team and drive the adoption of much-needed car insurance across Africa.


Kenyan electric vehicle startup Opibus rebrands to ROAM
Published: 21-04-2022 | 11:22:00 | By: Pie Kamau
Kenya’s leading electric vehicle (EV) maker Opibus has changed its name to ROAM. The company was among the earliest entrants into the local electric vehicle manufacturing sector.


Vivaris Capital partners with Tesla Foundation to form Tesla Climate Capital
Published: 14-04-2022 | 11:39:57 | By: Pie Kamau
Vivaris Capital, LLC, a multi-strategy fund offering hybrid hedge and private equity structures, announced a strategic, joint-venture partnership with the Tesla Foundation to form Tesla Climate Capital.


TR Tech, LocoNav unveil GPS, IoT and vehicle telematics solutions in South Africa
Published: 23-03-2022 | 12:38:18 | By: Bob Koigi
Integrated tech-services provider TR Tech and disruptive full-stack fleet-tech startup LocoNav have collaborated in South Africa to provide state-of-the-art GPS, IoT, and Vehicle Telematics solutions.


Finnish EV charging startup eMabler partners with Fusebox to turn electric vehicles into profitable virtual power plants
Published: 24-02-2022 | 13:42:30 | By: Pie Kamau
Finnish electric vehicle (EV) charging startup eMabler and Fusebox, virtual power plant provider are collaborating to use electric vehicle charging to balance the energy grid.


Dallas-based Tegan Digital partners with Dents.co startup to revolutionize the collision industry
Published: 09-02-2022 | 13:40:00 | By: Pie Kamau
Dallas-based digital agency Tegan Digital has partnered with Dents.co to develop a startup launch kit, including an email marketing strategy and video production, to support new B2B tech product.


South Korean Hyundai Mobis invests in Zendar startup to accelerate Level 4 or higher autonomous driving
Published: 28-01-2022 | 11:43:48 | By: Pie Kamau
South Korean car parts company Hyundai Mobis announced it has made a strategic investment in Zendar, a Silicon Vally based startup with global competitiveness in high-resolution radar, called 'imaging radar.'


Horizon Technology Finance leads $50m venture loan facility to fintech and insurtech startup, Autonomy
Published: 25-01-2022 | 15:15:00 | By: Pie Kamau
Horizon Technology Finance Corporation announced it led a $50 million venture loan facility to Autonomy, a completely digital mobility offering that provides consumers with an affordable way to get access to a vehicle without long-term debt.


Car subscription startup GO launches in four additional markets
Published: 05-01-2022 | 10:59:08 | By: Bob Koigi
Distinct from traditional auto lease and finance, GO’s model offers subscribers a simple and affordable alternative to car ownership.


Chinese autonomous driving startup Haomo.AI raises nearly RMB 1 Billion, reaches Unicorn status
Published: 04-01-2022 | 10:09:00 | By: Bob Koigi
Beijing-based autonomous driving startup Haomo.AI has raised nearly 1 billion yuan (close to $150 million) in its Series A financing round, giving itself strong financial momentum to expand this new year.


Automobile startup Faction Technology announces funding from TDK Ventures
Published: 22-12-2021 | 14:45:55 | By: Bob Koigi
Faction is taking a unique approach to both driverless technology and lightweight vehicle systems that can dramatically impact how goods and people are moved


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.


Nigeria’s auto financing startup Autochek begins loan services for new cars
Published: 10-12-2021 | 10:43:46 | By: Bob Koigi
In what it says is to further deepen mobility, Autochek Africa, the leading auto tech platform, has launched a dedicated brand new cars section on the Autochek website and mobile app.


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.


Nigerian autotech startup Fixit45 acquires Parkit, unveils subscription-based VIP programme
Published: 30-11-2021 | 12:05:00 | By: Pie Kamau
Nigeria’s autotech platform, Fixit45 announced the acquisition of Parkit, a network of tech-enabled autocare and car wash centres.


Kenya-based electric mobility startup Opibus secures $7.5 million funding
Published: 04-11-2021 | 14:54:16 | By: Bob Koigi
Opibus says it will use this new funding to scale its operations in electric motorcycle and bus manufacturing.


Nigerian Auto financing startup Autochek secures $13.1m seed funding to deepen West African footprint
Published: 28-10-2021 | 16:55:00 | By: Pie Kamau
Autochek, the Nigerian automotive startup which recently expanded to Kenya, has secured $13.1 million in seed funding.


Chinese autonomous driving startup WeRide releases next-gen small, lightweight Sensor Suite 4.0
Published: 28-10-2021 | 09:15:00 | By: Pie Kamau
WeRide, a Chinese L4 autonomous driving company released WeRide Sensor Suite 4.0 (Suite 4.0), marking another key step towards the mass production of self-driving vehicles.


Chinese autonomous driving startup WeRide named "AutoTech Startup of the Year" in 2021 AutoTech Breakthrough Awards Program
Published: 21-10-2021 | 12:49:00 | By: Pie Kamau
WeRide, a world autonomous driving company, has been named "AutoTech Startup of the Year" in the annual AutoTech Breakthrough Awards conducted by market intelligence organization AutoTech Breakthrough.


[Startup Interview] Adedokun Muhammed-Ali Adedeji, Founder, Brightcloud Automobile, Nigeria
Published: 20-10-2021 | 11:34:20 | By: Bob Koigi
Adedokun Muhammed-Ali Adedeji is a Nigerian innovator, entrepreneur and logistics manager. A green mobility advocate, Adedokun is the founder of Brightcloud Automotive.


India car search startup CarDekho joins unicorn club after $250 million fundraise
Published: 13-10-2021 | 14:08:06 | By: Bob Koigi
It is the largest ever fundraise by CarDekho and the proceeds will be used to accelerate CarDekho’s growth in the Used Car transactions, Financial services and insurance businesses.


European startup CircuitMess partners with Warner Brothers Consumer Products to launch STEM-based autonomous Batmobile
Published: 05-10-2021 | 16:30:26 | By: Pie Kamau
CircuitMess announced its licensing deal with Warner Brothers and its Kickstarter campaign for the CircuitMess Batmobile, designed to teach children seven and up about engineering and autonomous driving.


Recreational vehicle startup RINDEV announces preorder reservations of its experience driven electric side by side
Published: 31-08-2021 | 14:06:00 | By: Pie Kamau
Recreational vehicle disruptor, RINDEV, announced the opening of preorder reservations for their exciting and futuristic electric side by side, designed to address issues of global warming and overall experience.


Autonomous vehicle insurtech startup Koop Technologies raises $2.5m seed round
Published: 24-08-2021 | 15:22:00 | By: Pie Kamau
Koop Technologies, an insurance technology startup specializing in autonomous vehicle and robotics risks announced its $2.5 million seed funding.


Tel Aviv-based innovation hub Drive TLV to expand in the U.S. and Europe
Published: 17-08-2021 | 13:18:00 | By: Pie Kamau
Drive TLV, a unique innovation hub connecting high-tech Israeli startups with major corporate partners around the world, plans to begin working with U.S. and European startup companies next year.


Mobility fintech startup Moove raises $23m Series A funding to democratize vehicle ownership in Africa
Published: 13-08-2021 | 14:29:00 | By: Pie Kamau
Moove, an African mobility fintech startup, announced it has raised $23 million in Series A funding, led by Speedinvest and Left Lane Capital.


Toyota AI Ventures rebrands as Toyota Ventures, adds $300m to invest in emerging technologies and carbon neutrality
Published: 07-06-2021 | 14:45:00 | By: Pie Kamau
Toyota's first standalone, early-stage venture capital firm, Toyota AI Ventures, will change its name to Toyota Ventures and grow its total assets under management to more than $500 million with the addition of two $150 million early-stage funds.


HONK supports insurance startup Branch with digitally-driven roadside assistance solutions
Published: 12-05-2021 | 12:15:00 | By: Pie Kamau
HONK Technologies, the digital platform connecting drivers and towing professionals, announced it is supporting Branch, the startup that pioneered bundling home and auto insurance online.


Berlin-based startup betteries secures €2.1m seed funding to upcycle electric vehicle batteries, avert climate change
Published: 30-03-2021 | 11:41:00 | By: Pie Kamau
Berlin-based profit for impact startup betteries has successfully closed its €2.1 million seed funding round led by impact funds Factor[e] Ventures and Beyond Black.


FORT Robotics startup closes on $13m in funding
Published: 23-03-2021 | 12:34:00 | By: Pie Kamau
FORT Robotics, the first pure-play technology company creating safety-and-security solutions for autonomous machines, closed on $13 million in funding led by Prime Movers Lab.


Canadian fintech startup FIX4 set to transform car repair loan market
Published: 18-03-2021 | 12:10:26 | By: Pie Kamau
Canadian retail finance startup FIX4 Capital has joined the "Buy Now Pay Later" boom by offering instant online loan approvals so customers can enjoy flexible payment solutions for any car repair and maintenance estimates.


Recogni startup raises $48.9m Series B investment for AI-powered perception chips
Published: 18-02-2021 | 10:58:00 | By: Pie Kamau
Recogni, the developers of an AI vision cognition system for autonomous vehicles, announced $48.9 million in a Series B financing round, to help bring its perception platform to market and expand its engineering and go-to-market teams.


Plug and Play partners with MESS to create a mobility & IoT innovation hub in Istanbul, Turkey
Published: 14-01-2021 | 10:18:00 | By: Pie Kamau
Global innovation platform for startups and corporations from Silicon Valley, Plug and Play, is partnering with Turkish Employers' Association of Metal Industries MESS, in launching its newest location in Istanbul, Turkey.


Toyoda Gosei Invests in Tohoku University startup Ball Wave
Published: 01-12-2020 | 13:47:49 | By: Bob Koigi
Toyoda Gosei Co., Ltd. has invested in Ball Wave Inc., a startup from Tohoku University that develops practical applications of ball SAW sensors.


South Korean startup Autonomous a2z raises $1.9m for autonomous driving solution
Published: 26-11-2020 | 11:12:00 | By: Pie Kamau
Autonomous a2z, a member company of Born2Global Centre and Sejong Technopark, received a seed investment of $1.9 million from angel investments by individuals and partner corporations.


Porsche Ventures invests in AI startup Drivably's breakthrough inventory technology
Published: 18-11-2020 | 14:28:47 | By: Pie Kamau
Drivably, an advanced AI company that helps dealers acquire private party inventory from the right markets at the right price, has received an investment from Porsche Ventures to help Drivably further develop its technology and expand its footprint.


CNN partners with Hyundai to explore innovations in transport and mobility
Published: 04-11-2020 | 08:45:00 | By: Bob Koigi
CNN International Commercial (CNNIC) and Hyundai Motor Company (Hyundai) have collaborated on a cross-platform campaign that explores how innovation will change the way we will live in the future.


Tech startup SKAEL receives $4.1m seed funding round to fuel next generation hyperautomation technology
Published: 30-10-2020 | 15:32:00 | By: Pie Kamau
SKAEL, San Francisco-based technology company offering automation platform for creating and deploying digital employees, has secured $4.1 million in a seed funding round.


SUMA Wealth launches transformative financial inclusion platform targeting Latino community
Published: 30-10-2020 | 14:16:47 | By: Pie Kamau
SUMA Wealth launched its platform to engage, educate and empower U.S.-born Millennial Latinos, a community vital to the U.S. economy, in their fight for financial inclusion.


Curve Health raises $6m seed round, hires healthcare technology CEO, Rob MacNaughton
Published: 30-10-2020 | 13:35:00 | By: Pie Kamau
Curve Health, a company that delivers connected senior care via a platform that combines telemedicine, smart billing, health information exchange, and predictive analytics, announced a $6 million seed round


Fintech startup PAYMYNT Financial announces patent-pending Universal Payment Rewards System
Published: 30-10-2020 | 12:39:30 | By: Pie Kamau
PAYMYNT Financial, a Greater Boston-based financial technology company, filed a patent application for its novel Universal Rewards System.


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.


Motion tech startup DeepMotion makes motion capture accessible with launch of Animate 3D
Published: 29-10-2020 | 14:24:00 | By: Pie Kamau
As part of its drive to revolutionize Motion Intelligence, DeepMotion has officially launched their 3D animation cloud service Animate 3D.


SeaAhead, New England Aquarium announce BlueSwell incubator's first cohort of selected startups
Published: 29-10-2020 | 14:12:00 | By: Pie Kamau
SeaAhead, Inc. and the New England Aquarium have selected the first cohort of six startups for the BlueSwell Incubator Program, New England's first dedicated, early-stage bluetech incubator.


Digital Mortgage startup Tomo raises $40m to streamline home buying
Published: 29-10-2020 | 12:46:00 | By: Pie Kamau
Tomo Networks, a fintech startup that will improve the homebuying experience, initially as a digital mortgage and transaction company, announced it has raised a seed round of $40 million led by Ribbit Capital, NFX and Zigg Capital.


BrokerTech Ventures accelerator opens for 2021 cohort applications
Published: 29-10-2020 | 12:29:55 | By: Pie Kamau
BrokerTech Ventures, first broker-led convening platform and accelerator focused on delivering innovation to the insurance broker industry, has opened the application window for its 2021 BrokerTech Ventures Accelerator program.


Tech startup KēlaHealth raises $12.9m to deliver AI-powered, clinician-centered solutions to improve surgical care
Published: 28-10-2020 | 14:23:00 | By: Pie Kamau
KēlaHealth, announced the closing of a $2.9 million Seed financing and milestone-based $10 million Series A financing led by Santé Ventures and Intuitive Ventures.


Fintech startup Lightyear raises $3.7m to simplify how enterprises buy network infrastructure
Published: 28-10-2020 | 13:59:00 | By: Pie Kamau
Financial technology startup Lightyear announced the launch of its software platform for businesses to buy and manage their telecom and IT infrastructure online.


kathy ireland Worldwide expands health advocacy through partnership with tech startup mymedicalimages.com
Published: 28-10-2020 | 13:38:53 | By: Pie Kamau
Medical imaging technology startup mymedicalimages.com has partnered with kathy ireland Worldwide (kiWW) for a new, cutting-edge patient-centric medical image sharing platform.


Luxury e-commerce startup ShopWorn enters Asia with Hong Kong satellite
Published: 28-10-2020 | 13:23:53 | By: Pie Kamau
ShopWorn, e-commerce destination for well-priced, guaranteed authentic luxury brands opened a Hong Kong satellite location to directly service APAC countries, with an initial focus on the Greater China area.


PVH Corp backed startup HATCH signs HAVAIANAS as first customer to license its Digital Showroom software
Published: 27-10-2020 | 14:52:00 | By: Pie Kamau
Innovative startup HATCH, backed by PVH Corp., owner of a portfolio of iconic brands including TOMMY HILFIGER and Calvin Klein, has signed the globally renowned flip flop brand HAVAIANAS as its first customer to license its Digital Showroom software.


Tel Aviv-based startup Deci raises $9.1m to craft next generation of AI
Published: 27-10-2020 | 14:23:00 | By: Pie Kamau
Deci, deep learning company dedicated to transforming the AI lifecycle has raised $9.1 million in a seed round led by Israel-based VC firm Emerge and global VC fund Square Peg.


AI startup Skan secures $14m to expand AI-driven process discovery for enterprise digital transformation
Published: 27-10-2020 | 13:54:00 | By: Pie Kamau
Skan, AI-enabled process discovery and operational intelligence company, announced the close of a $14 million Series A funding round to strengthen its product platform and scale operations.


Security startup StackHawk raises $10m Series A funding to put application security in the hands of developers
Published: 27-10-2020 | 13:19:00 | By: Pie Kamau
Application security startup StackHawk has raised a $10 million in Series A funding, pre-emptive, oversubscribed round led by Sapphire Ventures.


Influential global Marcomm network to partner with Mediaspace.global
Published: 27-10-2020 | 09:36:00 | By: Pie Kamau
International Advertising Association is partnering up with its youngest member, Mediaspace.global, the brand-new professional social platform for media, marketing, tech, innovation and regulation.


[Startup Interview] Kinga Incze, Founder & CEO, Mediaspace.global, UK
Published: 27-10-2020 | 08:37:00 | By: Pie Kamau
Startup Weekly talks with Kinga Incze, founder of Mediaspace.global, a new, independent social platform for media, marketing, tech, law, innovation and regulation company based in London, UK.


Insurtech startup Next Insurance and Intuit QuickBooks integrate to provide seamless coverage for small businesses
Published: 26-10-2020 | 16:35:00 | By: Pie Kamau
Next Insurance, digital insurtech company transforming small business insurance and Intuit have teamed up to simplify the insurance purchasing process for millions of small businesses.


U.S. startup accelerator FalconX and Perot Jain join forces to foster global innovation and entrepreneurship
Published: 26-10-2020 | 16:12:00 | By: Pie Kamau
FalconX Inc., a Silicon Valley-based B2B startup accelerator, and Perot Jain, L.P., a Dallas-based early stage venture capital firm announced a strategic partnership to foster global innovation and entrepreneurship.


Resurface Labs secures seed financing to fuel the democratization of user-centric API monitoring
Published: 26-10-2020 | 15:24:40 | By: Pie Kamau
Resurface Labs, provider of user-centric API monitoring software to help organizations fix application issues faster, improve customer experience, and drive revenue recovery, closed its $2 million seed round.


Mexican startup Akiba selected one of 50 most inclusive fintech companies worldwide
Published: 26-10-2020 | 15:04:25 | By: Pie Kamau
Mexican fintech startup Akiba was selected as one of the 50 best startups worldwide among 403 Startups from 111 countries, after a competitive selection and verification process by an independent panel of 35 experts.


Dutch tech startup Avy completes successful test flight with first solar fixed-wing drone
Published: 23-10-2020 | 11:46:00 | By: Pie Kamau
Dutch solar drone manufacturer Avy announced a successful test flight of its first solar fixed-wing drone, equipped with custom solar foil developed by Wattlab to reflect and absorb more sunlight.


Dutch fintech startup Silverflow raises €3m to launch its card payments processing technology in 2021
Published: 23-10-2020 | 10:52:00 | By: Pie Kamau
Global payment technology company Silverflow announced a €2.6 million seed funding round, led by UK-based seed-stage investor Crane Venture Partners with participation from INKEF Capital and notable angel investors and industry leaders


Madison-based AI startup DataChat closes $4m seed round to accelerate democratization of data analytics
Published: 23-10-2020 | 10:34:00 | By: Pie Kamau
DataChat, a University of Wisconsin-Madison spinout with a sophisticated yet intuitive data analytics platform announced the closing of a $4 million seed funding round led by Silicon Valley venture capital firms WRVI Capital and Nepenthe Capital.


Plug and Play partners with Evergy to foster new relationships, innovation in Topeka
Published: 23-10-2020 | 10:17:00 | By: Pie Kamau
Global innovation platform Plug and Play announced that Evergy will be a founding partner for its Topeka location, which is centered around animal health and agriculture technology


U.S. tech startup Ware raises $2.5m to advance warehouse innovation, drone technology
Published: 23-10-2020 | 10:03:00 | By: Pie Kamau
Ware, a technology startup deploying autonomous drones for warehouse inventory counting closed $2.5 million in seed-round funding, led by UP Partners.


Nufarm, German agritech startup CROP.ZONE partner for alternative weed control across European markets
Published: 22-10-2020 | 11:42:00 | By: Pie Kamau
Australian crop protection and specialty seed company Nufarm and the German agritech startup CROP.ZONE have partnered to launch Nufarm's and CROP.ZONE's hybrid herbicide solutions across major European markets.


New York healthtech startup Ezra receives FDA clearance for prostate cancer AI
Published: 22-10-2020 | 11:22:01 | By: Pie Kamau
Ezra, healthtech startup transforming early cancer screening using MRI, announced it has received FDA 510(k) premarket authorization for its Artificial Intelligence, designed to decrease the cost of MRI-based cancer screening.


Halcyon, AWS launch program to advance early-stage women-founded social enterprise tech startups in Bahrain
Published: 22-10-2020 | 11:02:00 | By: Pie Kamau
Halcyon announced the launch of an intensive incubator program for early-stage women-founded social enterprise tech startups based in Bahrain, in collaboration with Amazon Web Services (AWS).


Digital payments startup Wirex launches waitlist for multicurrency Mastercard debit card
Published: 22-10-2020 | 10:36:08 | By: Pie Kamau
London-based digital payments startup Wirex has launched the waitlist for a new multicurrency Mastercard debit card, just days after its record-breaking crowdfunding campaign came to a close, raising £3.7 million in 2 weeks.


[Startup Interview] Jeremy Mah, CEO, NeuXP, Malaysia
Published: 22-10-2020 | 07:36:00 | By: Bob Koigi
NeuXP is an integrated digital banking startup based in Malaysia that is positioning itself as the amazon of banking by providing a complete ecosystem with innovative services and leading-edge financial management tools.


[Startup Interview] Founders, pozi.io, Hungary
Published: 22-10-2020 | 07:32:00 | By: Bob Koigi
POZI is a Hungary-based marketplace that assesses and connects members of the startup ecosystem by offering structure to the messy processes of finding an idea, building a team, or launching a new product.


Washington-based startup Fabric launches headless commerce platform with $9.5m seed funding to grow D2C, B2B brands
Published: 21-10-2020 | 12:08:00 | By: Pie Kamau
Fabric, headless commerce platform purpose-built for growth launched its cloud-native experience and commerce product suite and announced $9.5 million in seed funding led by Redpoint Ventures, with participation from Sierra Ventures and Expa.


Toyota AI Ventures invests in Canadian robotic kitchen startup YPC Technologies
Published: 21-10-2020 | 11:50:09 | By: Pie Kamau
Toyota AI Ventures, Toyota's early-stage venture capital fund, announced its investment in YPC Technologies, a robotic kitchen startup based in Montreal, Canada.


AI startup EarthDefine announces expansion of its building footprint deocoding and on-demand property information
Published: 21-10-2020 | 11:26:51 | By: Pie Kamau
EarthDefine, a provider of high-resolution spatial data announced the release of an updated building footprint database, which contains over 156 million footprints of commercial and residential structures across the continental United States.


Australian retail tech startup Tiliter raises $7.5m for cashierless AI shopping technology
Published: 21-10-2020 | 11:16:00 | By: Pie Kamau
Tiliter, artificial intelligence (AI) provider whose technology uses computer vision to recognise products without barcodes compled a $7.5 million capital raise led by Investec Emerging Companies (IEC).


AI healthtech startup Savana secures Series B funding to expand in America
Published: 20-10-2020 | 11:06:00 | By: Pie Kamau
Savana, healthtech startup accelerating health science with big data, announced the successful completion of its $15 million B Series led by Cathay Innovation.


Plug and Play Cleveland announces Fall health accelerator startups
Published: 20-10-2020 | 10:51:00 | By: Pie Kamau
Plug and Play Cleveland announced the selection of 10 new startups into the fall 2020 batch.


South Korean AI startup MoneyBrain partners with Rainus to put an AI human in Electronic Shelf Labels
Published: 20-10-2020 | 10:36:55 | By: Pie Kamau
South Korean, Seoul-based Artificial Intelligence (AI) startup MoneyBrain announced it is supplying an AI video synthesizing solution to Rainus, Electronic Shelf Labels (ESL) company.


Indonesian blockchain startup Tokoin introduces DeFi Program for investors and MSMEs enterprises
Published: 20-10-2020 | 09:36:00 | By: Pie Kamau
Tokoin, an Indonesian startup using blockchain technology to reduce the barriers that small and medium scale enterprises face while trying to access credit, has introduced BISS DeFi Program to benefit both investors and partner enterprises.


Female-owned startup Canela Media closes $3m seed round to support expansion of Canela.TV
Published: 20-10-2020 | 09:25:00 | By: Pie Kamau
Canela Media, Latina-owned digital media company announced it has closed a $3 million Seed round, bringing total funding this year to $5 million.


Galileo partners with fintech startup Save to process $7b in transactions and funds
Published: 15-10-2020 | 15:24:00 | By: Pie Kamau
Save and Galileo announced a partnership agreement to use Galileo's powerful and customizable API-based payments processing platform to process transactions and funding.


Tech startup PulsePoint launches health incubator to support development of novel datasets and health intelligence
Published: 15-10-2020 | 15:05:27 | By: Pie Kamau
PulsePoint, a technology company using real-time data to accelerate health marketing announced the launch of PulsePoint Data Lab, a collaborative incubator program designed to support early stage health data startups.


Early stage tech startups investor True Ventures closes two new funds totaling $840m
Published: 15-10-2020 | 14:47:00 | By: Pie Kamau
True Ventures, a Silicon Valley-based venture capital firm that invests in early stage technology startups announced the closing of its seventh early stage fund in the amount of $465 million, along with its fourth Select Fund in the amount of $375 million.


U.S. therapy startup Coa raises $3m to launch world's first gym for mental health
Published: 15-10-2020 | 14:30:00 | By: Pie Kamau
Coa, an online emotional fitness studio for live classes and one-on-one therapy, announced a $3 million seed round led by Crosslink Ventures with RedSea Ventures and Alpaca VC.


Egyptian last-mile delivery startup dreevo launches operations with pre-seed funding from EF Logistics
Published: 14-10-2020 | 16:11:00 | By: Pie Kamau
Egyptian last-mile delivery focused startup dreevo raised a six figure US dollar in a bootstrap, pre-seed funding round from EF Logistics, a third party logistic services provider, to introduce agile and affordable technological solutions.


Tel Aviv based startup Dataloop raises $16m to launch its advanced platform for AI annotation and management
Published: 14-10-2020 | 15:40:00 | By: Pie Kamau
Dataloop, a platform for AI data management and annotation announced it has raised $16 million in funding following the completion of an $11 million Series A round led by Amiti Ventures.


Austin hardware startup Xebec reaches over $2m in sales five months following launch
Published: 14-10-2020 | 15:24:00 | By: Pie Kamau
Austin-based hardware startup Xebec announced it has reached a milestone of $2.2 million in sales in its first five months, selling out of 5,500 units of the flagship product, the Xebec Tri-Screen.


Seattle biotech startup Genemod raises $1.7m in oversubscribed seed round to drive next generation medicine
Published: 14-10-2020 | 15:09:00 | By: Pie Kamau
Genemod, a software solution for life scientists that uses data automation to streamline and accelerate research announced a $1.7 million seed funding round led by Defy.vc.


Norwegian Katapult Ocean invests in cleantech startup ecoSPEARS for access to clean water, food, and air
Published: 14-10-2020 | 14:42:00 | By: Pie Kamau
Norwegian Group Katapult Ocean has invested in ecoSPEARS, a cleantech startup that uses patented NASA environmental technologies to clean toxins from sediments, soil and groundwater, to enhance access to clean water, clean food, and clean air.


[Startup Interview] Nitin Shingote,Nilesh Shingote, Founders, PropCheckup, India
Published: 14-10-2020 | 10:47:00 | By: Bob Koigi
PropCheckup is an Indian home inspection startup that has monitors over 100 property checkpoints and provides a detailed home inspection report which snags hidden issues like seepage, electrical faults, water leakage, wall dampening, carpet areas shortage and plumbing issues.


Greenwood closes $3m seed round to build online banking solution for Blacks and Latinx
Published: 09-10-2020 | 17:51:00 | By: Pie Kamau
Greenwood has secured $3 million in seed funding from private investors as the first digital banking platform for Black and Latinx people and business owners.


[Startup Interview] Muhammed Haleel, Founder, Expatriates.io, India
Published: 09-10-2020 | 16:50:00 | By: Bob Koigi
Indian-based startup Expatriates.io sells premium job posting and resume features to employers and companies. Its website has established a footprint in 249 countries. Muhammed Haleel the company’s founder explains the business model.


Point Pickup raises $30m to meet growing demand for enterprise e-Commerce final-mile delivery
Published: 09-10-2020 | 13:43:00 | By: Pie Kamau
Point Pickup Technologies, the company that has successfully reinvented the final-mile delivery model for many of the US's top e-Commerce enterprises, has raised $30 million from BBH Capital Partners.


Global Startup Awards expands across Africa
Published: 09-10-2020 | 11:37:00 | By: Pie Kamau
The Global Startup Awards (GSA), largest independent startup ecosystem awards platform with a mission to find, recognise and connect the future shapers of the digital age from all around the world, will now be expanding across Africa.


Founders Factory arrives in Brazil in collaboration with Qintess
Published: 08-10-2020 | 15:47:30 | By: Pie Kamau
Qintess, Brazilian IT and digital transformation group, recognized as one of 100 most innovative companies in Brazil in 2020, announced a 12-month collaboration with Founders Factory, a leading global venture builder and investor.


CNBC disruptor and healthcare startup Heal selects 5WPR as agency of record
Published: 08-10-2020 | 15:37:00 | By: Pie Kamau
5W Public Relations, one of 15 independently-owned PR firms in the U.S., announced it has been named PR Agency of Record for Heal, a healthtech startup that offers doctor house calls and telemedicine appointments.


Texas-based startup Viva First launching new mobile bank for Latinos in the U.S.
Published: 08-10-2020 | 15:02:00 | By: Pie Kamau
Texas-based startup, Viva First, is launching a new mobile bank with the Latino community in mind, all 52 million in the United States.


Seegrid acquires Box Robotics to boost deep learning in manufacturing space
Published: 08-10-2020 | 14:44:44 | By: Bob Koigi
Seegrid Corporation has acquired Box Robotics, a mobile robotics startup bringing high-definition maps, three-dimensional LiDAR, and deep learning to the warehouse and manufacturing space.


German tech startup CloudRadar launches new data center in Johannesburg, South Africa
Published: 08-10-2020 | 09:28:00 | By: Pie Kamau
German tech startup CloudRadar is launching its cloud-based IT-monitoring service in South Africa, ahead of further global expansion, to help ensure IT stability for regional businesses in the face of rapid, pandemic-fuelled digitisation.


German environmental IoT startup Dryad raises €1.8m for ultra-early wildfire detection system
Published: 07-10-2020 | 13:18:00 | By: Pie Kamau
Environmental IoT startup Dryad Networks has secured seed funding of €1.8 million to develop a large-scale IoT network for the ultra-early detection of wildfires - the Internet of Trees.


U.S. fintech startup DoubleChec appoints Bill Amelio as Co-CEO and Executive Chairman
Published: 07-10-2020 | 13:08:00 | By: Pie Kamau
DoubleCheck, financial technology startup, announced the appointment of Bill Amelio as Co-Chief Executive Officer and Executive Chairman.


Subscription Management startup Chargebee secures $55m to capture global shift to subscriptions
Published: 07-10-2020 | 12:51:00 | By: Pie Kamau
Chargebee, the subscription billing and revenue operations platform powering thousands of fast-growth subscription businesses announced a $55 million Series F funding round led by Insight Partners.


Rabobank unveils 45 food & agriculture startups selected for FoodBytes! Pitch 2020
Published: 07-10-2020 | 12:16:00 | By: Pie Kamau
Rabobank unveiled the 45 startups selected to participate in FoodBytes! Pitch 2020, its global food and ag startup discovery program that helps entrepreneurs scale their impact through mentorship and connections to corporate leaders and investors.


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™.


Edge computing startup Macrometa closes $7m Seed financing round to accelerate product rollout and sales
Published: 06-10-2020 | 12:31:00 | By: Pie Kamau
Macrometa Corporation, first-of-its-kind edge computing company enabling web and cloud native developers to build and run applications across a network of global clouds and data centers, announced the close of a $7 million Seed financing.


SaaS based AI for cardiac imaging startup Dyad Medical fundraising exceeds $3.5m
Published: 06-10-2020 | 12:11:00 | By: Pie Kamau
Dyad Medical, a groundbreaking medical image analysis platform delivering cloud-based artificial intelligence (AI)-based analysis, announced after just 90 days, the closing of its oversubscribed Series Seed funding round.


Accenture joins Plug and Play's Startup Creasphere program
Published: 06-10-2020 | 11:45:00 | By: Pie Kamau
Startup Creasphere, one of Plug and Play's global offices focused on Health in Munich, announced its new partnership with Accenture.


U.S. blockchain-powered startup Braintrust raises $18m in strategic growth funding
Published: 05-10-2020 | 11:57:00 | By: Pie Kamau
Braintrust, a global network of highly-skilled technical and design talent, announced a $18 million Strategic Growth Round, just three months after emerging from stealth in June.


Canadian tech startup S-Factor launches final seed fundraising round
Published: 05-10-2020 | 11:45:34 | By: Pie Kamau
S-Factor, a private technology firm providing the most comprehensive set of social impact data currently available on the market, announced the launch of its final seed fundraising round via a private equity placement.


Polish cleantech startup Airly raises $2m for global air quality platform
Published: 05-10-2020 | 11:20:00 | By: Pie Kamau
Polish cleantech startup Airly announced a $2 million pre-seed round to scale its AI-powered air quality platform globally, led by Giant Ventures, the multi-stage fund backing purpose-driven technology companies.


New Ventures Funds rebrands as Scientia Ventures
Published: 05-10-2020 | 11:07:08 | By: Pie Kamau
New Ventures Funds launched a new corporate brand identity and changed its name to Scientia Ventures.


U.S. cloud-based solution startup Axis Security raises $32m to meet enterprise demand for 'Work from Anywhere'
Published: 01-10-2020 | 15:09:00 | By: Pie Kamau
Axis Security, leader in Zero Trust Access announced $32 million in Series B funding led by Canaan Partners, with participation from existing investors Ten Eleven Ventures and Cyberstarts.


Enel expands into Canadian innovation ecosystem partnership with MaRS
Published: 01-10-2020 | 14:23:12 | By: Pie Kamau
Enel, a multinational power company and integrated player in the global power, gas and renewables markets. announced it has expanded its energy innovation reach into Canada through a partnership with MaRS Discovery District.


Eyewear startup Vontélle launches into luxury eyewear space
Published: 01-10-2020 | 13:56:00 | By: Pie Kamau
Startup eyewear manufacturer Vontélle, LLC is launching a unique brand into the luxury eyewear space, offering awe-striking, ethnic patterns reflecting African, Caribbean, and Latin cultures.


Nigerian mobility startup MAX.ng partners with DLM Capital to transform transportation finance in Africa
Published: 01-10-2020 | 09:09:00 | By: Pie Kamau
Metro Africa Xpress, a mobility platform in Nigeria and West Africa, announced the successful issuance of a ₦400m 1-year fixed-rate notes under its newly structured ₦10bn/$22m Private Company Bond program.


Seegrid closes $52 million in growth equity financing
Published: 15-09-2020 | 17:24:59 | By: Bob Koigi
Seegrid Corporation, the company involved in self-driving industrial vehicles for material handling, has announced that it closed a $52 million growth equity financing round.


AI-based startup SafeRide expands into Germany to support, accelerate growing business in Europe
Published: 14-09-2020 | 12:56:00 | By: Pie Kamau
SafeRide Technologies, a leading provider of AI-based vehicle health management, data analytics, and cybersecurity solutions for connected and autonomous vehicles, announced the opening of a new office in Germany.


SafeButler, Liberty Mutual partner to offer instant renters insurance
Published: 04-09-2020 | 15:08:00 | By: Pie Kamau
YCombinator funded startup SafeButler has partnered with Liberty Mutual, an insurance industry leader for over 100 years, to provide instant access to a comprehensive renters insurance plan at a very low rate.


BorgWarner expands collaboration with startup ecosystem Plug and Play
Published: 03-09-2020 | 16:02:58 | By: Pie Kamau
BorgWarner announced its next venture with Plug and Play, a global innovation platform and accelerator ecosystem for startup companies, by becoming a partner of its newly planned incubator location in Detroit.


AI-powered freight dispatch startup SmartHop raises $4.5 Million to fund expansion
Published: 06-08-2020 | 19:32:17 | By: Bob Koigi
SmartHo​p,​ a Florida tech-enabled dispatch solution empowering small trucking companies to grow their businesses, has announced that it has closed a $4.5 Million Seed round


U.S. startup Ossia partners with Toyoda Gosei to deliver wireless power over the air in vehicle cabins
Published: 03-08-2020 | 15:39:00 | By: Pie Kamau
Toyoda Gosei Co, a Toyota Group company, has concluded a joint development agreement with Ossia Inc, a U.S. startup that leads the world in the field of wireless power solutions.


Finish startup Basemark  receives €7 million funding to accelerate vehicle automation
Published: 15-07-2020 | 16:42:51 | By: Bob Koigi
Basemark, Finland software company specializing in graphics and autonomous driving vehicle software, has successfully concluded a €7 million equity funding round by ETF Partners.


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.


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.


British startup Cazoo reaches unicorn status, gets extra £25m funding
Published: 23-06-2020 | 10:41:00 | By: Pie Kamau
British used-car startup Cazoo has joined the exclusive list of companies known as unicorns, with valuations in excess of $1 billion.


French startup Monk raises $2.4m Seed round to develop AI-based inspection technology
Published: 11-06-2020 | 15:23:00 | By: Pie Kamau
French startup Monk, an Artificial Intelligence focused on car damage detection announced a $2.4 million fundraising Seed round led by Iris Capital, alongside Plug and Play and key business angels.


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


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.


Flat6Labs Tunis hosts Fifth Demo Day, graduates 8 startups digitally
Published: 25-05-2020 | 10:19:00 | By: Pie Kamau
Flat6Labs Tunis celebrated it’s fifth Demo Day online, with 8 innovative startups presenting their businesses to hundreds of registered attendees.