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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3808504 | Tags:





























GE Vernova joins Greentown Labs as a Terawatt Partner
Published: 08-11-2023 | 10:01:00 | By: Pie Kamau




Stockholm-based climate fintech Cloover secures €7m for renewable energy solutions
Published: 18-10-2023 | 13:03:00 | By: Pie Kamau
Cloover has closed an oversubscribed €7 million pre-seed investment round.


At One Ventures launches $375m climate tech fund
Published: 04-10-2023 | 14:26:00 | By: Pie Kamau
At One Ventures announced the close of a $375m second fund.


Plan A closes $27m to scale its business decarbonisation platform
Published: 19-09-2023 | 14:16:00 | By: Pie Kamau
Plan A has closed $27m funding round led by Lightspeed Venture Partners.


Ugandan Agritech startup Emata raises $2.4m seed funding
Published: 14-09-2023 | 11:55:00 | By: Pie Kamau
Ugandan agritech startup Emata has raised $2.4 million in seed funding.


Catalyst Fund marks its first close to back climate tech startups in Africa
Published: 12-09-2023 | 12:14:00 | By: Pie Kamau
The Catalyst Fund has reached the first close of its targeted $40m fund.


Climate tech incubator Greentown Labs appoints Kevin Knobloch as CEO
Published: 18-08-2023 | 14:19:00 | By: Pie Kamau
Greentown Labs has appointed Kevin Knobloch as the organization's next CEO.


Carbon neutral startups are the key to our future, Plug and Play
Published: 21-07-2023 | 15:30:00 | By: Pie Kamau
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
Published: 21-07-2023 | 14:35:00 | By: Pie Kamau
Prime Coalition and Azolla Ventures have announced a $239 million blended fund.


Climate-tech startup Aeroseal secures $67m Series B funding
Published: 21-07-2023 | 12:39:00 | By: Pie Kamau
Aeroseal has announced the successful completion of a $67 million Series B funding round.


London-based carbon data provider Sylvera raises $57m Series B, plans US expansion
Published: 18-07-2023 | 11:05:00 | By: Pie Kamau
Sylvera has raised $57m Series B financing to scale its teams and product offerings.


5 UK cities leading the way in sustainable transport, Plug and Play
Published: 30-05-2023 | 10:16:00 | By: Pie Kamau
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
Published: 26-05-2023 | 10:31:00 | By: Pie Kamau
Pluton Biosciences announced the close of a $16.5 million Series A funding round.


Ugandan women entrepreneurs grow businesses with group saving accounts
Published: 25-05-2023 | 11:00:00 | By: Bob Koigi
 For women and youth involved in fish trade at lakes Albert and Victoria in Uganda, having little to no savings is a thing of the past.


Climate tech startup Amini raises $2m to solve environmental data scarcity for Africa
Published: 18-05-2023 | 14:51:00 | By: Pie Kamau
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
Published: 02-05-2023 | 11:43:00 | By: Pie Kamau
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
Published: 26-04-2023 | 18:01:43 | By: Bob Koigi
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.


Cleantech startup Emrgy secures $18 million to scale renewable energy projects within water infrastructure
Published: 20-04-2023 | 14:12:53 | By: Bob Koigi
Emrgy’s waterpower technology leverages existing underutilized waterways and infrastructure to deliver low-cost renewable power to energy off-takers.


Climate tech startup nZero raises $16m Series A funding amid global call for accurate sustainability reporting
Published: 18-04-2023 | 15:44:00 | By: Pie Kamau
nZero, the near real-time carbon management and accounting platform, announced it has closed a $16 million Series A funding round.


GRASP fellowship invests in African women researchers
Published: 06-04-2023 | 12:15:00 | By: Bob Koigi
The Kenyan women, and others selected for the GRASP Fellowship, are set to participate in a series of interventions, including leadership and mentoring training, designed to enable them to become more effective policy practitioners


Insurtech startup Turaco and Airtel Money launch low-cost hospital cash insurance product in Uganda
Published: 23-03-2023 | 12:06:00 | By: Pie Kamau
Kenyan and Ugandan insurtech startup Turaco, has partnered with Airtel Mobile and Prudential Assurance to launch a low-cost hospital cash insurance product with Funeral Benefit. 


Bezos Earth Fund invests $34m to help deliver healthy, climate-friendly food and improve corporate climate accountability
Published: 21-03-2023 | 10:18:00 | By: Pie Kamau
The Bezos Earth Fund announced $34.5 million in grants as part of its $10 billion commitment to fight climate change.


Berlin-based startup The Climate Choice raises $2m funding round to decarbonize the supply chain
Published: 20-03-2023 | 14:25:00 | By: Pie Kamau
The Climate Choice, a climate intelligence software platform for decarbonizing industrial supply chains, announced $2 million in pre-seed funding.


AfricaGoGreen Fund secures $47m to support tech-focused green projects in Africa
Published: 23-02-2023 | 13:30:00 | By: Pie Kamau
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
Published: 08-02-2023 | 10:42:00 | By: Pie Kamau
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
Published: 01-02-2023 | 12:16:00 | By: Pie Kamau
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.


Climate finance trading platform Senken raises $7.5m to streamline and expand carbon markets offerings
Published: 30-01-2023 | 10:52:00 | By: Pie Kamau
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
Published: 27-01-2023 | 11:05:00 | By: Pie Kamau
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
Published: 16-01-2023 | 10:56:00 | By: Pie Kamau
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.


Plesion Capital invests $500,000 funding in Ugandan fintech platform Xeno
Published: 09-01-2023 | 10:03:00 | By: Pie Kamau
Plesion Capital announced its formation as a social impact venture capital firm focused on partnering with mission-based entrepreneurs and companies to combat poverty around the world.


Mad Capital closes $4m seed round to finance the regenerative agriculture revolution
Published: 20-12-2022 | 11:29:00 | By: Pie Kamau
Mad Capital, an impact-focused lender that offers equitable, flexible funding for organic and transitioning farmers, announced it has raised a $4 million Seed round, led by Trailhead Capital.


EG Capital announces anchor closing of its maiden fund to invest in startups across East Africa and Zambia
Published: 19-12-2022 | 09:04:00 | By: Pie Kamau
EG Capital, a growth-oriented private equity impact firm has announced the anchor closing of its first EG-Economic Empowerment Fund LP (EG-EEF), which will invest in medium-sized businesses.


Agroforestry startup Propagate raises $10m Series A funding to accelerate growth
Published: 30-11-2022 | 13:02:00 | By: Pie Kamau
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
Published: 22-11-2022 | 10:33:00 | By: Pie Kamau
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
Published: 18-11-2022 | 09:57:00 | By: Pie Kamau
SE Ventures announced a €500 million Fund II establishing the firm as one of the largest VCs focusing on climate and industrial technology.


Katapult launches startup accelerator in Kigali, Rwanda
Published: 14-11-2022 | 17:05:00 | By: Pie Kamau
Katapult Africa announced the launch of its Accelerator program in Kigali, Rwanda, welcoming 9 companies to the Katapult portfolio.


ACRE Africa targets Kenyan farmers with climate smart insurance
Published: 11-11-2022 | 11:00:00 | By: Bob Koigi
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
Published: 10-11-2022 | 13:38:00 | By: Pie Kamau
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.


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.


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


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


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


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


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


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


Kenyan startup Kyosk Digital expands to Uganda
Published: 07-10-2022 | 14:46:27 | By: Bob Koigi
Kyosk Digital Services aims to address some of the challenges that vendors of fast-moving consumer goods (FMCGs) go through in sourcing products and restocking their outlets.


Uganda’s digital lending startup Numida raises $12.3 million funding to grow offerings
Published: 07-10-2022 | 14:43:51 | By: Bob Koigi
Uganda's Digital Lender Numida has secured a $12.3 million pre-Series A round of equity and debt funding to help it expand its team and move into new markets.


German tech startup NeoCarbon raises €1.25 million to reverse climate change
Published: 30-09-2022 | 10:38:00 | By: Pie Kamau
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,


Idealist Capital announces first close of its Climate Impact Fund to accelerate energy transition
Published: 21-09-2022 | 11:32:00 | By: Pie Kamau
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
Published: 16-09-2022 | 11:19:00 | By: Pie Kamau
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.


Smart energy startup Flair raises $7.6m Series A funding to expand climate tech for home and grid
Published: 09-09-2022 | 12:45:00 | By: Pie Kamau
Flair, creators of smart vents, thermostats and easy-to-use software for room-level temperature control, announced the closing of a $7.6 million Series A funding round.


German startup Dryad closes €10.5m Series A funding to speed up early wildfire detection technology
Published: 25-08-2022 | 11:01:00 | By: Pie Kamau
Dryad, the only provider of solar-powered environmental sensor networks for ultra-early wildfire detection and forest monitoring, has closed €10.5m in Series A funding.


Equinor Ventures joins climatetech startup incubator Greentown Labs as newest Terawatt Partner
Published: 16-08-2022 | 16:16:54 | By: Pie Kamau
Greentown Labs, the largest climatetech startup incubator in North America, announced that Equinor Ventures has joined as its newest Terawatt Partner, the highest level of partnership with the incubator and its community of climatetech startups.


German space tech startup LiveEO secures €19m to bring space data insights to Industry 4.0
Published: 08-08-2022 | 10:49:00 | By: Pie Kamau
Berlin-based space tech startup LiveEO has secured €19 million in funding in what is one of the largest investments to date in Earth Observation in Europe.


Venture capital firm JVP expands operations in New York, welcomes new partners and investors
Published: 05-08-2022 | 13:15:00 | By: Pie Kamau
Venture capital firm JVP announced it is expanding its activities in New York. Along with new investments in Fintech, Blockchain, Cyber, Climatech, Foodtech, and Digital Health, the fund has focused on growth.


Fifth Wall raises $500m climate fund to decarbonize global real estate
Published: 27-07-2022 | 15:43:00 | By: Pie Kamau
Fifth Wall, a venture capital firm focused on technology for the global real estate industry, has held the final close of its inaugural Climate Fund with $500 million in capital commitments.


D3 launches first cohort of startups to accelerate scaling of carbon dioxide removal solutions
Published: 20-07-2022 | 09:41:00 | By: Pie Kamau
Global climate technology accelerator Third Derivative (D3), has launched a focused cohort of five promising startups working on durable carbon dioxide removal (CDR) solutions.


Carbon Business Council launches to create a seat at the policy table for carbon management startups
Published: 19-07-2022 | 13:29:59 | By: Pie Kamau
The Carbon Business Council (CO2BC) has launched, to advocate for early-stage companies focused on removing, utilizing, and managing carbon dioxide.


Carbon to Value Initiative announces year two startup cohort for carbontech accelerator program
Published: 12-07-2022 | 15:40:00 | By: Pie Kamau
The Carbon to Value Initiative (C2V Initiative), has selected eight startups for the second year of its carbontech accelerator program in partnership with Fluor Corporation, the initiative's Year Two Cohort Champion.


Cleantech startup Greener Process Systems develops modular system to capture maritime and industrial emissions
Published: 12-07-2022 | 15:05:00 | By: Pie Kamau
Greener Process Systems filed a series of patents that demonstrate their focus will expand to general industrial applications as well as further developments in CO2 capture, storage and re-utilization.


Climentum Capital raises €150m to invest in European early-stage tech startups attacking CO2 emissions
Published: 05-07-2022 | 15:34:00 | By: Pie Kamau
Climentum Capital announced it has raised €150 million for investments into European early-stage tech companies attacking CO2 emissions.


Uganda entrepreneurs bet on fish project to boost incomes
Published: 04-07-2022 | 12:15:00 | By: Bob Koigi
To help communities reduce their post-harvest losses and access a more reliable supply of processed fish products.


Ugandan fintech platform Tugende closes pre-Series B investment round to accelerate growth
Published: 21-06-2022 | 14:16:00 | By: Pie Kamau
Tugende, the East African fintech platform providing asset financing and digital services to small businesses, announced it has raised a pre-Series B investment round led by current shareholder Partech Africa.


Greentech startup Green Badger receives $1.125m seed funding to manage sustainable construction
Published: 17-06-2022 | 13:49:00 | By: Pie Kamau
Green Badger, the SaaS developer for managing sustainable construction, announced it has received seed funding of $1.125 million in a financing round led by venture capital firm Shadow Ventures.


Green tech startup Ecolibrium launches in the UK with $5m pre-Series A funding round
Published: 13-06-2022 | 15:10:00 | By: Pie Kamau
Advisory and climate tech-led sustainability solution Ecolibrium, has opened a new London HQ after raising $5m in a pre-Series A funding round, to support growing demand from commercial and industrial UK real estate owners.


Decarbon8 investment opportunity open for agritech innovation and decarbonization startups
Published: 13-06-2022 | 12:33:00 | By: Pie Kamau
The Decarbon8 Fund, an impact investment vehicle established by the E8 climate tech investing community and platform, announced a new Request for Proposal (RFP) for companies advancing regenerative agriculture solutions.


Temasek launches investment platform GenZero to accelerate decarbonisation globally
Published: 06-06-2022 | 13:23:41 | By: Pie Kamau
Temasek announced the launch of GenZero, a wholly-owned investment platform company dedicated to accelerating decarbonisation globally.


Ugandan fintech startup Eversend rebrands, announces new features
Published: 06-06-2022 | 12:52:00 | By: Pie Kamau
Eversend, a Ugandan fintech startup providing cross-border money transfers for Africans and Africans in the diaspora has rebranded, to reinforce its commitment to users with an all-inclusive payment platform and a modified look to support this transition.


Vancouver cleantech startup VoltSafe introduces electrical technology to reduce the effects of inflation
Published: 02-06-2022 | 16:13:00 | By: Pie Kamau
Vancouver cleantech startup VoltSafe has introduced a new electrical technology to reduce inflation effects in marine, automotive and housing industries.


Upcycling startup Novoloop extends Series A round to $21m to develop industrial capabilities
Published: 02-06-2022 | 15:45:00 | By: Pie Kamau
Advanced upcycling startup Novoloop nnounced it has expanded its Series A to $21 million through an oversubscribed extension led by Mistletoe Singapore and Hanwha Solutions.


Viva Technology, IFC announce 45 emerging African startups to compete for the 2022 AfricaTech Awards
Published: 04-05-2022 | 13:58:00 | By: Pie Kamau
Viva Technology and the International Finance Corporation (IFC), announced the top 45 startups that have been long-listed for the first edition of the AfricaTech Awards.


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.


Climate tech startup Station A launches Clean Energy Grades to instantly generate financial and carbon savings
Published: 31-03-2022 | 13:04:44 | By: Pie Kamau
Station A, the U.S. clean energy marketplace, announced it launched Clean Energy Grades, a new product that instantly tells you the financial return of switching to clean energy.


Uganda is the happiest country in East Africa, Happiness Index
Published: 21-03-2022 | 10:15:00 | By: Bob Koigi
Uganda topped the position as the happiest country in the East African Region while Tanzania dropped further to position 139 compared to position 94 the previous year.


Climate tech startup Cambium Carbon raises $3m seed funding to reinvent the wood supply chain, reduce carbon emissions
Published: 16-03-2022 | 11:48:00 | By: Pie Kamau
Cambium Carbon PBC announced a $3.2 million seed round investment led by MaC Venture Capital, supported by Soma Capital, Joe Tsai, Revolution's Rise of the Rest Seed Fund, Blue Ivy Ventures and others.


TDK Ventures invests in climatetech startup Divirod to advance prediction of water-related catastrophes
Published: 03-03-2022 | 12:02:00 | By: Pie Kamau
TDK Corporation announced that subsidiary TDK Ventures, invested in Boulder, CO-based climate-tech startup Divirod. Their sensor solution enables high-accuracy risk assessment of water levels.


FirstEnergy invests $2.5m venture capital fund in Energy Impact Partners' to advance sustainable energy future
Published: 02-02-2022 | 13:04:00 | By: Pie Kamau
To help advance a sustainable energy future, FirstEnergy Corp. announced a $2.5 million investment in global venture capital firm Energy Impact Partners' (EIP) Frontier Fund.


Australian climate tech startup UPowr launches Helios to help companies decarbonise customer base, increase LTV
Published: 02-02-2022 | 12:27:00 | By: Pie Kamau
Australian climate tech company UPowr, launched its flagship climate software solution Helios in beta mode to select partners.


Climatetech startup Greentown Labs appoints Kevin Taylor as new CFO
Published: 26-01-2022 | 11:35:21 | By: Pie Kamau
Greentown Labs, the largest climatetech startup incubator in North America, announced Kevin Taylor as Chief Financial Officer (CFO).


Bank of Uganda grants Yo-Uganda Limited Payment System Operator License
Published: 25-01-2022 | 08:11:14 | By: Bob Koigi
Among the provisions of the National Payment Systems Act, 2020 is a requirement for all payment system operators to apply for and qualify for licensing after having satisfied a meticulous process applied by the Central Bank.


French high-tech startup PlanetWatch selects city of Miami to deploy air quality monitoring network
Published: 30-11-2021 | 12:26:00 | By: Pie Kamau
PlanetWatch, the world's first decentralized indoor and outdoor air quality monitoring network built on the Algorand blockchain, has selected the city of Miami to deploy a network of its sensors citywide.


Miami-based VC firm Borderless Capital closes $10m PLANETS.Fund to build green data economy on Algorand
Published: 24-11-2021 | 08:00:00 | By: Pie Kamau
Borderless Capital, the Miami-based venture capital firm dedicated to the Algorand ecosystem, announced the closing of PLANETS.Fund, a $10 millionn fund focused on building a green data economy.


Toronto-based mobility startup Treepz expands to East Africa, acquires Uganda's Ugabus
Published: 24-11-2021 | 07:40:00 | By: Pie Kamau
In a bid to digitize the public transportation system and provide safer, reliable and comfortable commute options across Africa, Toronto-based shared mobility company Treepz, announced its acquisition of a similar Ugandan bus company Ugabus.


afriQloud and whitesky.cloud have put the foundation in place for a federated EMEA cloud infrastructure
Published: 05-11-2021 | 14:57:00 | By: Bob Koigi
In partnership with the European company whitesky.cloud, afriQloud has designed a completely new architecture for affordable and local cloud services.


Chinese startup MioTech raises additional financing to develop sustainability innovations that support net-zero global economy
Published: 26-10-2021 | 11:22:07 | By: Pie Kamau
MioTech announced it has secured investments to further its commitment to develop sustainability innovations that support a net-zero global economy.


Canadian energy startup Pani secures $8m to scale up AI solution to improve water and energy efficiency in water treatment facilities
Published: 15-10-2021 | 12:01:00 | By: Pie Kamau
Pani, a Canadian software-as-a-service (SaaS) company, announced the completion of an oversubscribed $8 million CAD capital raise.


Berlin-based startup Made of Air raises €5m seed round to make thermoplastics for Audi, H&M Group and other companies
Published: 08-10-2021 | 13:54:00 | By: Pie Kamau
Made of Air, the carbon negative materials startup that turns wood waste into thermoplastics, announced a €5 million in seed funding, led by Norwegian sustainability-focused family fund.


Israeli startup RepAir Carbon closes $1.5m seed round to develop cell for modular Direct Air Capture
Published: 08-10-2021 | 13:37:00 | By: Pie Kamau
Israeli startup RepAir Carbon closed a $1.5m seed round to develop cell for modular Direct Air Capture inspired by fuel cell technology. The seed funding will allow the RepAir team to refine the company's existing prototype cell.


Ugandan fintech startup Fin-e Innovations raises $300,000 to bridge funding gap of African energy SMEs
Published: 28-09-2021 | 15:12:00 | By: Pie Kamau
Fin-e Innovations, a fintech start-up based in Uganda, has closed pre-seed funding of $300,000 from an undisclosed party in the United States.


Industrial automation startup Agtonomy launches out of stealth to address farm labor crisis with $4m seed round
Published: 24-09-2021 | 13:58:00 | By: Pie Kamau
Agtonomy, a hybrid autonomy and tele-assist service platform, launched out of stealth and announced a $4 million seed round from Grit Ventures, GV (formerly Google Ventures), and Village Global.


IFC’s TechEmerge partners with logistics startup Kobo360 to pilot sustainable cooling innovations in Nigeria
Published: 08-07-2021 | 11:02:00 | By: Pie Kamau
Eleven global innovators have been selected to partner with 15 leading Nigerian companies to pilot cost-effective, climate-smart technologies to strengthen the country's temperature-controlled logistics supply chain.


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.


The nexus between gender-responsive research and agricultural productivity in Africa
Published: 27-05-2021 | 11:15:00 | By: Bob Koigi
Smallholder farmers across Africa are looking to science to boost farm productivity and to tackle emerging threats, partiuclarly with regards to climate change and pandemics as demonstrated by COVID-19, the report further noted.


Predictive analytics startup Gridware raises $5.3m seed round to curb catastrophic wildfires
Published: 25-05-2021 | 15:06:00 | By: Pie Kamau
Predictive analytics startup Gridware announced a $5.3 million seed round investment co-led by Fifty Years and True Ventures, with participation from Y-Combinator.


Techstars joins Cleantech.org $100,000 GS Beyond Energy Innovation Challenge
Published: 24-05-2021 | 14:02:00 | By: Pie Kamau
Cleantech.org and Techstars announced that Techstars is joining the Cleantech.org GS Beyond Energy Innovation Challenge as an Accelerator Partner.


Legatum Center launches inaugural Legatum Foundry Fellowship for entrepreneurs in Africa
Published: 11-05-2021 | 11:18:56 | By: Bob Koigi
At an inflection point in their entrepreneurial journeys, Fellows will learn from MIT faculty, connect with investors, and expand their network of peer innovators.


[Startup Interview] Marvin Akankwasa, CEO, Social Lend Africa, Uganda
Published: 05-05-2021 | 16:33:00 | By: Bob Koigi
Social Lend Africa is a Uganda-based financial technology company that facilitates transactions between micro-lenders and small business owners on its web and mobile app


Bechtel partners with climatetech startup incubator Greentown Labs to drive energy transition in Houston
Published: 26-04-2021 | 13:30:43 | By: Pie Kamau
Bechtel announced partnership with Greentown Labs in Houston, the city's first-ever climatetech startup incubator, to drive energy transition in Houston.


Insurtech startup OKO raises $1.2m to bring innovative insurance to smallholder farmers across Africa
Published: 23-04-2021 | 09:21:00 | By: Pie Kamau
OKO, an insurtech startup that provides inclusive agricultural insurance to secure farmers’ income across Africa, closed a seed investment round of $1.2 million, led by Newfund and ResiliAnce.


UK-based startup Cquestr8 raises $300k seed capital to develop safe & permanent carbon sequestration solution
Published: 22-04-2021 | 13:54:00 | By: Pie Kamau
Cquestr8, 2020 winners of the Climate-KIC's ClimateLaunchpad "Next Big Thing" prize, has secured funding to develop their unique carbon sequestration solution, leveraging natural processes to safely lock away CO2 as stable ocean bicarbonate.


Climatetech startup Persefoni raises $9.7m in Series A funding round
Published: 16-04-2021 | 09:35:00 | By: Pie Kamau
Persefoni, an intelligent carbon accounting and management platform for enterprises and investors, announced it has raised $9.7 million in its Series A financing round. Rice Investment Group led the round, with participation from NGP ETP and Sallyport Investments.


dClimate raises $3.5m seed round to create first decentralized network for climate data
Published: 09-04-2021 | 09:24:00 | By: Pie Kamau
dClimate, the first decentralized network for climate data, announced the closing of an oversubscribed $3.5 Million seed financing round led by CoinFund, with participation from Multicoin Capital and Republic Labs.


Verdant Capital raises $9.9 million financing for East African tech enabled MSME lender Tugende
Published: 07-04-2021 | 13:40:27 | By: Bob Koigi
Pan African specialist investment financial institution Verdant Capital has raised $9.9 million Series A equity capital for Tugende, a technology enabled MSME lender in East Africa.


Insurtech startup Curacel secures $450K pre-seed funding to drive insurance inclusion in Africa
Published: 30-03-2021 | 12:53:00 | By: Pie Kamau
Curacel, an AI-powered platform for claims processing and fraud management in Africa, raised a $450,000 pre-seed funding in a round led by Atlantica Ventures and Consonance.


[Startup Interview] Prof.Yakubu Makeri, Founder, ICYDT, Uganda
Published: 11-01-2021 | 14:41:00 | By: Bob Koigi
International Center for Youth Development on Technopreneurship, ICYDT, is a Uganda startup working on skills development and reduction of poverty among the youth using information technology. The institution’s founder Prof. Yakubu Makeri explains the startup’s business model and plans to launch an online university.


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


[Startup Interview] Julius Masaba, Co-Founder, Ablestate, Uganda
Published: 18-05-2020 | 13:03:09 | By: Bob Koigi
Ablestate, a Ugandan startup works with businesses to point them to the right software developers while offering digital training to institutions of higher learning. In the process the startup is addresings youth unemployment in the East African nation.


[Startup Interview] Gyaviira Tumushabe, Co-Founder, Firm Tours and Safaris, Uganda
Published: 27-04-2020 | 09:05:00 | By: Bob Koigi
Gyaviira Tumushabe is a co-founder of Firm Tours and Safaris, a tourism startup based in Uganda. It offers services include wildlife safaris, mountain gorilla tracking, city tours, organized group tours, school tours cultural and religious tours, all arranged and operated within the bounds of Uganda.


[Startup Interview] Ancel Bwire, CEO, Ancywax, Uganda
Published: 24-04-2020 | 07:57:00 | By: Bob Koigi
Ancywax is a research, media and marketing startup domiciled in Uganda’s capital Kampala that has since 2014 been offering clients a cocktail of services from idea to implementation through a model dubbed Concept Development. Ancel Bwire the CEO elaborates about the startup’s business model and plans moving forward.