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Kenyan climate tech startup Amini raises $4 million seed funding raises to accelerate growth into new sectors
Amini’s successful raise follows a $2 million pre-seed funding round that closed in March 2023. The pre-seed round was led by Pale Blue Dot, backed by Superorganism who also participated in this seed round alongside new investors such as Satgana.
[Kenya] Mombasa innovators showcase green innovations during the royal visit
Mombasa’s young innovators addressing marine plastic pollution caught the attention of King Charles III and Queen Camilla during their royal visit to Kenya.
Stockholm-based climate fintech Cloover secures €7m for renewable energy solutions
Cloover has closed an oversubscribed €7 million pre-seed investment round.
At One Ventures launches $375m climate tech fund
At One Ventures announced the close of a $375m second fund.
Openvolt raises €1.5m to enable the next generation of energy applications
Openvolt has raised a pre-seed round of €1.5m led by Cavalry Ventures.
Plan A closes $27m to scale its business decarbonisation platform
Plan A has closed $27m funding round led by Lightspeed Venture Partners.
Treefera secures $2.2m to revolutionize carbon offsetting through AI-driven transparency
Treefera announced the successful closure of a $2.2 million pre-seed funding round.
Catalyst Fund marks its first close to back climate tech startups in Africa
The Catalyst Fund has reached the first close of its targeted $40m fund.
One Campaign urges African leaders to elevate policy changes to tackle climate change
The One Campaign is urging all leaders to use this pivotal moment to unite around a shared pan-African agenda – one that brings justice and prosperity.
Climate tech incubator Greentown Labs appoints Kevin Knobloch as CEO
Greentown Labs has appointed Kevin Knobloch as the organization's next CEO.
Berlin-based startup NeXtWind secures $750m to build sustainable energy market in Germany
NeXtWind has completed $750m second financing round.
Carbon neutral startups are the key to our future, Plug and Play
The escalating impact of climate change has highlighted the importance of confronting greenhouse gas.
Azolla Ventures debuts $239m blended fund to support overlooked climate solutions
Prime Coalition and Azolla Ventures have announced a $239 million blended fund.
London-based carbon data provider Sylvera raises $57m Series B, plans US expansion
Sylvera has raised $57m Series B financing to scale its teams and product offerings.
LyondellBasell invests in Carbon Neutrality Venture Fund
Rotterdam-based LyondellBasell announced its investment in a new Carbon Neutrality Fund.
Vesalius Biocapital announces first close of fourth fund raising €95m
Vesalius Biocapital announced the first close of its fourth fund, Vesalius Biocapital IV, securing over €95m.
Kenyan fashion e-Commerce startup ShopZetu raises pre-seed funding to fuel growth of its marketplace
Kenyan fashion e-Commerce startup ShopZetu has raised $1m pre-seed funding.
Brex taps Jason Mok to support the next generation of founders
Brex announced that Jason Mok has joined the team to support commitment to serving startups and their founders.
IP Fabric announces $25m Series B funding to accelerate adoption of network assurance
IP Fabric announced it has closed $25 million Series B funding round.
Swiss medtech startup Berlin Heals completes financing round for its ongoing CE- study
Berlin Heals has developed a breakthrough method for therapy of heart failure.
Belgian startup NineID raises $2.6m to bridge the digital and physical worlds of corporate security
Belgian startup NineID announced raising $1.2m, closing its $2.6m seed round.
Kenyan startup MESH grows to reach 150,000 young entrepreneurs
Kenyan startup MESH, announced it has reached 150,000 members.
Nigerian healthtech startup Helium Health raises $30m Series B funding
Helium Health announced it has raised $30 million in Series B funding.
AdvisorCheck raises $1.8m to transform the way people vet and monitor financial advisors
AdvisorCheck has announced its $1.8 million seed round of funding.
1Fort raises $2m to automate and simplify cyber insurance for businesses
1Fort has completed a successful $2 million pre-seed round financing.
Italy’s Planckian closes €2.7m pre-seed round to develop quantum batteries
Planckian has raised over €2.7 million in pre-seed funding round led by Eureka! Venture.
NBA superstar Chris Paul joins plant-based startup Wicked Kitchen as investor
10-time NBA All-Star Chris Paul has joined the Wicked team as an investor.
Federato raises $25m Series B funding to continue catalyzing insurance's "AI moment"
Federato has raised $25 million in Series B funding led by Caffeinated Capital.
Kenyan mobility startup Stima secures €100k investment
Stima Mobility has secured €100,000 investment from DEG Impulse.
Seedstars, Fondation Botnar launch youth Wellbeing Ventures with $20m investment in Africa
Seedstars Capital and Fondation Botnar have invested $20m for early-stage startups.
The role of crypto-friendly banks in facilitating financial inclusion, Plug and Play
Financial inclusion is a key aspect of economic growth and development.
Molten Ventures leads €5m round in Oliva to expand workplace mental health support
Molten Ventures has led a €5 million round in Oliva.
Focused Energy startup raises $82m funding to advance laser-based nuclear fusion
Focused Energy raised $11m in Series A funding, bringing its total funding to $82m.
AI-enabled startup AvoMD raises $5m to combat clinician burnout
AvoMD announced it has closed $5 million in seed funding led by early-stage venture fund AlleyCorp.
SEI appoints Sneha Shah as Head of New Business Ventures
SEI has announced the appointment of Sneha Shah as an Executive Vice President and Head of New Business Ventures.
Stellantis Ventures seeds innovation with investments into sustainable mobility
Stellantis Ventures has been formed to support 'Dare Forward 2030' strategic plan.
Haul247 secures $3m seed funding to drive innovation in Africa’s logistics industry
Haul247 has raised $3 million in a seed funding round.
Germany joins Europe Startup Nation Alliance (ESNA)
Germany Trade & Invest (GTAI), Europe's largest economy, has joined Europe Startup Nation Alliance (ESNA).
Orange partners with Digital Africa to strengthen the growth of African startups
Orange has partnered with Digital Africa, to promote and strengthen African startups.
Decentralized identity startup Intuition raises $4m funding round
Decentralized infrastructure provider Intuition has raised $4 million in a seed round fundraise.
Chatbots with fraud detection software are revolutionizing underwriting, Plug and Play
Chatbots are dramatically reshaping the insurance industry.
Manganum attracts second round of seed investment from Mitgo
Manganum has received has two rounds of investment from global IT company Mitgo.
Hexagon calls for startups to apply for its third Sixth Sense cohort
Hexagon's Manufacturing Intelligence division has announced a call for startups to apply for its third Sixth Sense cohort.
Foodtech startup PartnerSlate raises $4m from to accelerate growth
PartnerSlate has raised $4 million round led by Supply Change Capital.
German autonomous, electric trucking startup FERNRIDE raises $31m Series A funding
FERNRIDE has secured $31m Series A funding.
UK renewable energy startup tem. raises £2.5m to transform the broken energy market
tem., the UK-based renewable energy startup, has secured £2.5m funding round.
Financial IT launches Fintech Pathfinder, showcasing the most promising fintech startups
Financial IT announced the launch of its highly anticipated Fintech Pathfinder.
AI-driven pet biometrics startup Petnow launches in France
Petnow, the provider of advanced pet identification solutions, announced the expansion of its groundbreaking app to the French market.
Montfort Ventures opens inaugural branch in San Diego, California
Montfort Ventures, a boutique startup fundraising advisory firm, announced the opening of its inaugural branch in San Diego.
Customer success platform ZapScale secures $2.5m seed funding to accelerate growth
ZapScale announced it has successfully raised $2.5 million in seed funding.
Volvo Group Venture Capital invests in Trucksters to manage innovative relay trucking in Europe
Volvo Group Venture Capital has invested in Madrid based startup, Trucksters.
SAP selects YOOBIC for an exclusive startup program
YOOBIC, the all-in-one Frontline Employee Experience Platform, announced it has been selected by SAP.
Mental health startup Anise raises $1.2m pre-seed to expand culturally-responsive care
Anise Health, a digital mental health company, completed $1.2m pre-seed round.
[Column] Patrick Ndegwa: Journey to the centre of the cloud; why Kenya should store data locally
Kenyan businesses are migrating to the cloud en masse.
Africa among top 3 regions prone to mobile financial scam, report
Throughout 2022 and the first quarter of 2023, 14% of installs of potentially unwanted mobile financial apps on Android phones were made.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo.
Cambridge-based biotech startup Uncommon raises $30m
Biotech startup Uncommon has raised $30m to pave way for scalable cultivated meat utilising RNA technologies.
Karoo Health raises $3.4m in oversubscribed seed round
Karoo Health announced the closing of an oversubscribed seed round of $3.4 million.
Fintech firm LemFi expands diaspora remittance services to Kenya
LemFi announced it has formally launched its diaspora remittance services in Kenya.
SK networks invests $2m in AI farming Dutch startup Source.ag
SK networks announced it will invest $2m Series A funding round of $27 million for Source.ag.
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker.
Web3 and the rise of the digital asset investor, Plug and Play
Web3 is a more decentralized system for sharing data and managing digital assets.
Reseda Group invests $2m in five fintech startups
Reseda Group announced it is investing more than $2 million to support five emerging fintech companies.
GGV Capital launches NextGen Fellowship 2023 program
GGV Capital announced NextGen Fellowship 2023 program to promote diversity, inclusion in the tech Industry.
Aena launches the second call of its startup acceleration program
Aena has launched Aena Ventures, an open innovation program for accelerating startups.
WEMIX, Hub71 partner to grow global blockchain startup ecosystem
WEMIX and Hub71 have partnered to accelerate growth of their Web3 for startups.
[Column] Nixon Gecheo: Agtech, a pivotal force driving climate change action in agriculture
The agricultural sector is a significant contributor to greenhouse gas emissions.
AWS selects 25 African startups for its Fintech in Africa accelerator
25 African fintech startups have been selected for the inaugural AWS FinTech Africa Accelerator cohort.
Woflow acquires European startup XtremeAI to expand reach bolster AI capabilities
Woflow, the data infrastructure company, announced the acquisition of XtremeAI
Travel experience marketplace GetYourGuide secures $194m to accelerate global expansion
GetYourGuide announced the closing of $194 million in equity and credit financing.
Swiss lender Teylor secures €275m to support SMEs through its credit platform
Swiss fintech Teylor has secured €275m funding from Barclays and other investors.
Lawyer.com launches Million Dollar AI Challenge to expand legal access
Lawyer.com is ramping up a worldwide search to discover the next groundbreaking innovation in Legal AI.
[Column] Somesh Adukia: Paper versus digital; the future of work
Digitization is revolutionizing the way businesses operate across the globe.
Plug and Play, Suncor partner to accelerate sustainable energy, digital transformation
Plug and Play has announced a new relationship with Suncor.
5 UK cities leading the way in sustainable transport, Plug and Play
The need for transportation systems that prioritize environmental sustainability has gained significant momentum.
Pluton Biosciences raises $16.5m Series A funding to fight climate change
Pluton Biosciences announced the close of a $16.5 million Series A funding round.
Climate tech startup Amini raises $2m to solve environmental data scarcity for Africa
Amini, Corp. has raised $2 million in pre-seed funding in an oversubscribed round.
Early stage VC firm True Ventures creates practical framework to help startups decarbonize
True Ventures announced the launch of the True Climate Action Guide to help its portfolio founders and companies across the technology ecosystem reduce carbon emissions.
Australian bioplastics startup Kelpy partners with climatetech startup SOS Carbon to fight global economic disaster
The mass of seaweed is the largest it’s ever been for this time of year, affecting tourism, infrastructure and local fishing industries throughout the Caribbean area, including the Dominican Republic, Mexico and Florida.
Climate tech startup nZero raises $16m Series A funding amid global call for accurate sustainability reporting
nZero, the near real-time carbon management and accounting platform, announced it has closed a $16 million Series A funding round.
Bezos Earth Fund invests $34m to help deliver healthy, climate-friendly food and improve corporate climate accountability
The Bezos Earth Fund announced $34.5 million in grants as part of its $10 billion commitment to fight climate change.
AfricaGoGreen Fund secures $47m to support tech-focused green projects in Africa
The AfricaGoGreen Fund (AGGF) has raised $47 million in combined investments from top financial organizations, including the IFC, AfDB, the Nordic Development Fund (NDF), and the Sustainable Energy Fund for Africa (SEFA).
Seven African startups to receive $385k to develop solutions for the blue economy
Climate resilience venture launcher Triggering Exponential Climate Action (TECA), has announced the selection of seven African startups to each receive $55,000 in funding to advance their solutions for the blue economy across the continent.
German startup Maya Climate closes €1.2m pre-seed funding round to accelerate growth
Maya Climate, a Berlin-based global project financing platform for natural capital projects, announced a pre-seed funding of €1.2m led by Germany’s High-Tech Gründerfonds (HTGF), one of Europe’s leading seed investors.
Adenia Partners announces $300m first close for fund V
Adenia Partners , a private markets investment firm committed to responsible investing and a sustainable Africa, has announced the first close of its fifth flagship fund, Adenia Capital (V) L.P. with $300 million commitments from investors.
Climate finance trading platform Senken raises $7.5m to streamline and expand carbon markets offerings
Senken, the climate finance trading platform of on-chain carbon credits, announced it has raised $7.5 million in new funding, the most significant capital raise in its industry, led by Obvious Ventures.
Catalyst Fund invests $2m in 10 startups to improve resilience to climate change in Africa
Pre-seed venture capital (VC) fund and accelerator Catalyst Fund, announced a $2 million investment in 10 startups developing solutions to improve the resilience of communities most vulnerable to climate change in Africa.
Terramera creates enrichAg to commercialize transformative soil analysis platform with $6m from At One Ventures
Terramera announced the formation of its new majority-owned subsidiary, enrichAg, which will focus on commercializing its soil enrichment platform. The seed round is led with a $6 million investment from AOV.
Agroforestry startup Propagate raises $10m Series A funding to accelerate growth
Propagate, a commercial agroforestry platform, has closed a $10 million Series A led by Belgium-based The Nest.
Kenyan agritech startup Stable Foods raises $600k funding to grow its climate smart smallholder platform
Stable Foods, a Kenyan agritech startup offering a host of solutions to small-scale farmers, has raised $600k funding round, to build out its climate smart smallholder food production platform.
SE Ventures announces €500m Fund II to accelerate climate and industrial tech startups
SE Ventures announced a €500 million Fund II establishing the firm as one of the largest VCs focusing on climate and industrial technology.
ACRE Africa targets Kenyan farmers with climate smart insurance
Insurance can help cushion smallholder farmers from crop and financial losses that occur as a result of climate change, yet many are reluctant to invest in such schemes. But why?
Climate tech VC firm Satgana announces first closing of its fund with €30m target size
Climate tech venture capital firm Satgana announced the first closing of a target €30 million VC fund to back the next generation of purpose-driven entrepreneurs building the Future of Earth.
Africa to take a common stand at COP 27
Aware of the lack of coordination between policymakers, scientists and negotiators to provide such evidence, the heads of states under the African Union decided in 2009 following COP15 that Africa should have one voice and negotiate as a block
UK-based climate tech startup Levidian secures £12m investment from Baker Hughes to scale growth
US energy technology giant Baker Hughes has backed Levidian’s world-first decarbonisation technologies with a £12m investment at a £130m valuation, opening up global collaboration opportunities.
National Grid Partners invests $20m in startups to transform the grid
National Grid Partners (NGP) announced investments of $20 million across three startups to transform the way utilities and other enterprises manage vast physical infrastructure.
London-based private equity platform Lightrock closes inaugural Climate Impact Fund at €860m
Lightrock, a global private equity platform that backs purpose-driven entrepreneurs tackling the world’s biggest challenges, has closed its inaugural Lightrock Climate Impact Fund (“LCIF” or “the Fund”) with commitments of €860 million.
Mastercard Vice Chairman Gilberto Caldart joins climate impact venture capital firm Vidavo as Venture Partner
Vidavo Ventures announced that the top executive and one of the architects of Mastercard's international expansion and accelerated growth Gilberto Caldart, has joined the firm in the role of Venture Partner.
Dutch-based Hyperion Lab’s third cohort startups set to improve the world with sustainable AI
Hyperion Lab kicked off its third cohort of the Amsterdam AI innovation program and eight new startups (seven of which are Dutch) want to improve the world with AI.
Agri startup Yard Stick secures $225 million in USDA Grants for climate-smart agriculture
Yard Stick is commercializing a soil spectroscopy technology originally developed by Dr. Cristine Morgan, now the Chief Scientific Officer at The Soil Health Institute.
German tech startup NeoCarbon raises €1.25 million to reverse climate change
NeoCarbon, a Berlin-based tech startup which retrofits cooling towers to remove carbon dioxide from the atmosphere, announced it has raised €1.25 million in a Pre-Seed round co-led by PropTech1 and Speedinvest,
Stockholm-based R-evolution launches venture capital arm to boost greentech startups
Hexagon AB, a global pioneer in digital reality solutions combining sensor, software and autonomous technologies, announced a new venture capital arm of R-evolution, the sustainable innovation and green-tech investment subsidiary of Hexagon.
Idealist Capital announces first close of its Climate Impact Fund to accelerate energy transition
Idealist Capital, a North American fund with a primary focus on the Canadian market, announced the first closing of the Idealist Climate Impact Fund LP (the Fund) with capital commitments totalling C$250 million.
Tallinn-based climate tech startup Arbonics raises €1.8m pre-seed funding to fight climate change in Europe
Arbonics, a new climate tech startup, is launching its unique data- and science-driven tool to make calculating the potential carbon income of land and forests quicker and easier for landowners in Europe.
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here