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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3773114 | Tags:

HAVAÍC leads a R12 million investment in South African startup RNR
Published: 19-04-2024 | 17:07:51 | By: Bob Koigi
South African-born RNR provides truck fleet managers and truck OEMs (Original Equipment Manufacturers) with on-demand breakdown support.




































Underline Ventures Fund I announces final closing at $20m
Published: 16-11-2023 | 07:47:00 | By: Pie Kamau












Protos Labs raises SGD $3m seed round to revolutionize cyber risk management
Published: 24-10-2023 | 09:27:00 | By: Pie Kamau
Protos Labs announced a successful seed round funding of SGD $3m.


South African logistics startup Tripplo raises $1.8m funding to scale its operations
Published: 16-10-2023 | 13:35:00 | By: Pie Kamau
Tripplo has closed its seed funding extension round with $1.8m equity investment.


Harpie launches Wallet Monitoring tool for crypto investors
Published: 10-10-2023 | 12:18:00 | By: Pie Kamau
Harpie has launched a Wallet Monitoring tool that provides real-time threat detection for crypto wallets.


South African payments startup Revio raises $5.2 seed round to grow coverage across Africa
Published: 28-09-2023 | 15:55:00 | By: Pie Kamau
Revio has announced a seed investment round of $5.2m.


London-based Binalyze secures $19m Series A funding for enhanced cybersecurity
Published: 12-09-2023 | 12:36:00 | By: Pie Kamau
Binalyze has raised $19m Series A round of funding.


Irish Tech Challenge 2023 for tech startups launches in South Africa
Published: 07-09-2023 | 14:48:00 | By: Pie Kamau
The Embassy of Ireland in South Africa has opened applications for the Irish Tech Challenge 2023.


[Column] Richard Shaw: AI-ready cloud - How hyperscalers empower businesses to thrive in the digital age
Published: 29-08-2023 | 11:46:00 | By: Pie Kamau
Cloud computing has undergone evolution.


Mendoza Ventures launches Mendoza Impact to close the diverse founder funding gap
Published: 28-08-2023 | 12:14:00 | By: Pie Kamau
Mendoza Ventures has launched a new non-profit, Mendoza Impact.


Industry veterans launch cybersecurity startup Vigiles
Published: 25-08-2023 | 10:57:00 | By: Pie Kamau
Former Trustwave executives have launched a cybersecurity startup, Vigiles.


On-demand logistics and delivery startup Picup opens driver training centres in South Africa
Published: 18-08-2023 | 13:20:00 | By: Pie Kamau
Picup has launched its Driver Training Centres in Cape Town.


Cyber security startup ProjectDiscovery raises $25m, launches Cloud Platform
Published: 18-08-2023 | 13:10:00 | By: Pie Kamau
ProjectDiscovery announced it has raised $25m Series A financing round.


Cyble secures $24m Series B funding to advance AI-powered threat intelligence solutions
Published: 02-08-2023 | 11:05:00 | By: Pie Kamau
Cyble announced a $24m injection of capital through Series B funding. 


Frankfurt-based QuoIntelligence secures €5m seed financing to accelerate growth
Published: 27-07-2023 | 14:05:00 | By: Pie Kamau
QuoIntelligence announced a €5m seed financing round.


[Column] Nchaupe Khaole: Unlocking South Africa's technology investment potential
Published: 25-07-2023 | 10:06:00 | By: Pie Kamau
Technology enabled businesses and the solutions they develop represent growth.


TLV Partners achieves $1b, launches $250m early-stage Israeli startups Fund V
Published: 18-07-2023 | 10:16:00 | By: Pie Kamau
TLV Partners announced $1 billion in assets under management (AUM).


[Column] Patrick Evans: Boosting cybersecurity with robust digital risk assessment tools
Published: 17-07-2023 | 11:30:00 | By: Pie Kamau
Cybersecurity be boosted by building a strong cyber risk profile.


World Bank awards 10 Southern African fintech startups with $5k each
Published: 14-07-2023 | 15:49:00 | By: Pie Kamau
10 Southern African fintech startups have each received $5,000 from the World Bank.


Cyber security startup Entitle appoints Stephen Wadsworth as VP of Sales
Published: 13-07-2023 | 10:55:00 | By: Pie Kamau
Entitle has appointed Stephen Wadsworth as the new Vice President of Sales.


1Fort raises $2m to automate and simplify cyber insurance for businesses
Published: 28-06-2023 | 10:16:00 | By: Pie Kamau
1Fort has completed a successful $2 million pre-seed round financing.


Africa among top 3 regions prone to mobile financial scam, report
Published: 12-06-2023 | 14:58:00 | By: Pie Kamau
Throughout 2022 and the first quarter of 2023, 14% of installs of potentially unwanted mobile financial apps on Android phones were made.


[Interview] Renate Swanepoel, COO, INC. Networking
Published: 07-06-2023 | 15:43:00 | By: Pie Kamau
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker.


How payment technology is changing the rulebook on South African retail
Published: 31-05-2023 | 10:48:00 | By: Pie Kamau
The past few years have seen the proliferation of new methods of transacting.


Absa acquires minority stake in South African agritech startup Khula!
Published: 18-05-2023 | 14:33:00 | By: Pie Kamau
Absa Bank has acquired a minority stake in South African agritech startup, Khula! 


Amsterdam-based cyber fraud startup ThreatFabric closes €11.5m seed round to accelerate growth
Published: 17-05-2023 | 11:47:00 | By: Pie Kamau
ThreatFabric, the provider of fraud detection solutions & intelligence for the financial services sector, has raised €11.5 million in a seed round to expand its technical capabilities and support the company’s growth.


South African healthtech startup Quro Medical raises $1.3m funding from Mineworkers
Published: 12-05-2023 | 13:12:00 | By: Pie Kamau
Quro Medical, the South African e-health startup has received a $1.3 million investment from leading investment firm the Mineworkers Investment Company (MIC).


South African healthtech startup Guidepost unveils chatbot for diabetic patients
Published: 11-05-2023 | 14:20:00 | By: Pie Kamau
South African healthtech startup Guidepost has unveiled an AI-powered chatbot to help citizens living with diabetes better manage their condition.


Africa’s mezzanine debt fund manager Vantage Capital exits Dynamic Bedding
Published: 03-05-2023 | 09:12:00 | By: Pie Kamau
Vantage Capital, Africa’s mezzanine debt fund manager, announced it has fully exited its investment in Dynamic Bedding, a South African specialist bed manufacturer and retailer.


Mitsubishi Electric’s Innovation Fund invests in Israeli cybersecurity startup SCADAfence
Published: 20-04-2023 | 14:17:58 | By: Bob Koigi
SCADAfence provides visibility to networks that support industrial systems and critical infrastructure, in an age where various types of malware, are threatening industrial systems and critical infrastructure, frequently shutting down their control systems and causing serious incidents.


[Column] Gur Geva: Biometric attacks on the rise: the trends financial institutions need to be aware of in 2023
Published: 04-04-2023 | 14:14:00 | By: Pie Kamau
In the past year there has been a 149% increase in threat actors using emulators to attack mobile platforms. There has also been a 295% increase in novel face swaps.


Cybersecurity startup Aembit launches with $16.6m funding to bring identity-first security to workloads
Published: 21-03-2023 | 10:33:00 | By: Pie Kamau
Aembit, the identity platform that lets DevOps and Security teams discover, manage, enforce, and audit access between federated workloads, announced its official launch alongside $16.6m in seed financing.


[Interview] Julie Davila, VP Global Field CTO Operations, Sophos
Published: 13-03-2023 | 12:44:00 | By: Pie Kamau
Cybersecurity has become one of the biggest global challenges facing businesses around the world. The industry is always shifting as new technological innovations emerge and modify firms’ security practices drawing in a more diverse group of professionals, including women.


[Column] Marilyn Moodley: Conquering the biggest cloud adoption challenges with an effective strategy
Published: 06-03-2023 | 12:42:00 | By: Pie Kamau
As CIOs turn to the cloud to help streamline performance across key areas of operations, knowing exactly how to conquer the biggest cloud adoption challenges is more important than ever before.


Stockholm’s Summa Equity acquires majority stake in ​​Logpoint to create European cybersecurity powerhouse
Published: 02-03-2023 | 11:03:00 | By: Pie Kamau
Summa Equity announced the acquisition of a majority stake in Logpoint, the creator of a reliable, innovative cybersecurity operations platform - empowering organization to thrive in a world of evolving digital threats.


[Column] Kevin Halkerd: Why humans should lead your business cybersecurity strategy
Published: 01-03-2023 | 16:12:00 | By: Pie Kamau
Most successful cyber breaches have one thing in common: People. Your company can be protected from every tech angle, with the latest security updates and most advanced threat detection.


South African healthtech startup Envisionit raises $1.65m to expand access to medical imaging
Published: 28-02-2023 | 12:20:00 | By: Pie Kamau
Envisionit Deep AI, a South African healthtech startup that uses AI to bridge the gap in diagnostic imaging, has raised $1.65 million to expand access to medical imaging.


[Column] Didi Onwu: Understanding youth entrepreneurship in Kenya - why fintech is an attractive sector
Published: 23-02-2023 | 14:59:00 | By: Pie Kamau
Boasting one of the fastest-growing economies in Africa, Kenya is on the rise to become a powerhouse of innovation on the continent. This is largely in part due to the country’s thriving culture of entrepreneurship and its significant startup ecosystem.


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.


[Column] Anna Collard: ChatGPT: What cybersecurity dangers lurk behind this impressive new technology?
Published: 22-02-2023 | 13:38:00 | By: Pie Kamau
It is now possible to use a publicly available artificial chatbot to generate a complete infection chain, possibly beginning with a spear phishing email written in entirely convincing, human-like language.


IFC, DEG, Hollard, and Yellowwoods invest in South African insurtech startup Naked to boost insurance accessibility
Published: 17-02-2023 | 09:54:00 | By: Pie Kamau
IFC, the German Development Finance Institution (DEG), Hollard, and Yellowwoods, jointly announced an investment in South African insurtech company Naked to expand access to insurance products.


Authentication startup Descope launches from stealth with $53m seed funding to trailblaze a passwordless future for all
Published: 16-02-2023 | 11:33:00 | By: Pie Kamau
Descope announced it has raised $53 million in seed funding and emerged from stealth to launch a frictionless, secure, and developer-friendly authentication and user management platform.


10 tech startup ideas to follow in 2023
Published: 07-02-2023 | 12:00:00 | By: Bob Koigi
In 2023, tech industries are poised for explosive growth, making it one of the most exciting years for entrepreneurs to pursue tech startup ideas.


South African grocery delivery startup Yebo Fresh raises 4.5m pre-Series A funding to fuel expansion
Published: 06-02-2023 | 15:15:00 | By: Pie Kamau
Yebo Fresh, a South African grocery delivery startup has raised $4.5m in a pre-series A equity funding round.


South African digital lender Lulalend raises $35m Series B funding to accelerate growth
Published: 06-02-2023 | 14:32:00 | By: Pie Kamau
Lulalend, a South African digital lender offering funding options for businesses. has raised $35 million in Series B funding to accelerate the growth of its loan book and bring new solutions to the market.


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.


Security technology startup receives over $4m for humanitarian support
Published: 13-01-2023 | 07:57:00 | By: Pie Kamau
Secured, a service-disabled veteran owned small business security technology firm, is revolutionizing the field of drone surveillance with the first commercially-available automated AI Object Recognition & Change Detection software.


Fintech enabler Ukheshe secures Series A funding to accelerate international expansion
Published: 22-12-2022 | 10:10:00 | By: Pie Kamau
Ukheshe International, the UK-headquartered division of digital-first, Banking as a Service (BaaS) enabler Ukheshe, announced the conclusion of an investment agreement that will help accelerate its international expansion.


South African early-stage VC firm 4Di Capital announces close of $25m seed fund
Published: 09-12-2022 | 13:22:00 | By: Pie Kamau
South African early-stage technology venture capital fund manager 4Di Capital has announced the close of $25 million seed fund.


Identity verification startup Verified.Africa launches in Kenya
Published: 09-12-2022 | 12:59:00 | By: Pie Kamau
Verified.Africa, the pioneer of ID verification, document verification and digital KYC compliance solutions, announced it has launched in Kenya.


Israeli blockchain security startup CyVers raises $8m to bring proactive security to Web3 economy
Published: 05-12-2022 | 09:56:00 | By: Pie Kamau
CyVers, the provider of state-of-the-art proactive Web3 Security for the centralized, decentralized finance and smart contract applications via detection and interception of crypto attacks across blockchains, announced a $8 million in funding.


Identity hygiene startup SPHERE raises $31m Series B funding to accelerate growth, expand its SaaS platform
Published: 02-12-2022 | 11:21:00 | By: Pie Kamau
SPHERE Technology Solutions (SPHERE), a pioneer in identity hygiene, announced a $31 million Series B investment led by Edison Partners, a Princeton-based growth equity firm.


Check Point Software launches accelerator hub for Israeli cybersecurity startups
Published: 25-11-2022 | 08:05:00 | By: Pie Kamau
Check Point Software Technologies, the provider of cybersecurity solutions globally, has launched its CyberUp program, an initiative that will support Israel’s growing network of cybersecurity startups.


Silicon Valley startup ArmorCode secures $14m Series A investment to scale AppSecOps platform
Published: 18-11-2022 | 10:40:00 | By: Pie Kamau
ArmorCode, the pioneer in AppSecOps, announced it secured a $14 million Series A investment led by Ballistic Ventures, the venture capital firm solely focused on backing cybersecurity startups.


Israeli cybersecurity startup Wib raises $16m investment to accelerate growth, tackle rising API security problem
Published: 08-11-2022 | 13:52:00 | By: Pie Kamau
Wib, the cybersecurity startup pioneering a new era in API security, announced a $16 million investment led by Koch Disruptive Technologies (KDT).


Kenya, Nigeria and South Africa lead fintech growth in Africa, Mastercard
Published: 04-11-2022 | 10:16:00 | By: Pie Kamau
A report by payment services company Mastercard has revealed that South Africa, Nigeria and Kenya are among the most vibrant fintech markets in the continent.


Medtech device startup MedCrypt raises $25m Series B funding round to accelerate growth
Published: 02-11-2022 | 09:02:00 | By: Pie Kamau
MedCrypt, the proactive cybersecurity solution provider for medical devices, announced its $25 million Series B funding round.


South African digital identity startup iiDENTIFii raises $15m growth capital to fuel expansion across Africa
Published: 27-10-2022 | 12:33:00 | By: Pie Kamau
Cape Town-based digital identity startup iiDENTIFii announced it has raised $15 million in growth capital to fuel its expansion across Africa.


Cyber insurance startup Elpha Secure startup raises $20 million funding to boost offerings
Published: 11-10-2022 | 14:14:16 | By: Bob Koigi
The funding round will help drive business growth across broker networks and evolve Elpha Secure’s product features to better equip small and midsize businesses to defend against cyberattacks and their consequences with end-to-end protection and response.


South African Biometrics tech firm iiDENTIFii raises $15 million growth capital
Published: 07-10-2022 | 14:50:50 | By: Bob Koigi
iiDENTIFii’s face authentication technology securely authenticates users via their cellphones or PCs within seconds.


Enterprise security startup Oort raises $15 million funding to stop identity-based cyber attacks
Published: 06-10-2022 | 15:13:37 | By: Bob Koigi
Oort, an identity-centric enterprise security platform, has announced the completion of a $15 million funding round, including both Seed and Series A investments.


SentinelOne launches $100 million fund to invest in cybersecurity and data innovation startups
Published: 04-10-2022 | 16:20:08 | By: Bob Koigi
S Ventures will invest across all stages of the startup lifecycle with a focus on security and data companies that bring innovative use cases to the Singularity Marketplace, the company’s open application ecosystem allowing security teams to extend Singularity XDR use cases.


South Africa's home services startup SweepSouth closes $11m investment round led by Alitheia IDF
Published: 30-09-2022 | 09:40:00 | By: Pie Kamau
SweepSouth, an online home services platform with a presence across Africa has completed a $11 million investment round led byAlitheia IDF (AIF), Africa’s first and largest gender-lens private equity fund.


CrowdStrike’s Falcon Fund invests in API security startup Salt Security
Published: 23-09-2022 | 10:45:00 | By: Pie Kamau
CrowdStrike, a pioneer in cloud-delivered protection of endpoints, cloud workloads, identity and data, announced that its strategic investment vehicle, Falcon Fund, has invested in Salt Security, the pioneer in Application Programming Interface (API) security.


Cyber security starup SaaS Alerts secures $22m to scale its security monitoring and response platform
Published: 12-09-2022 | 10:33:00 | By: Pie Kamau
SaaS Alerts, the cybersecurity company purpose-built for Managed Service Providers (MSPs) to protect and monetize their customers' core business SaaS applications, announced it has secured a $22 million growth investment.


Singapore-based web3 cybersecurity startup Silence Laboratories raises $1.7m seed funding to acccelerate growth
Published: 06-09-2022 | 13:26:00 | By: Pie Kamau
Silence Laboratories, a web3 focused cybersecurity startup working on libraries for MPC and Proofs-based Decentralised Security-as-Service (DSaaS), has closed a $1.7 million round in a seed funding.


Copenhagen’s AI cybersecurity startup Muninn raises €2.5m seed round led by Luminar Ventures
Published: 29-08-2022 | 14:40:00 | By: Pie Kamau
AI-driven cybersecurity platform Muninn, headquartered in Copenhagen, has secured a €2.5 million seed round led by Luminar Ventures, with previous investor PreSeed Ventures (PSV) participating.


South African agritech disruptor AgriKool drives down food costs for consumers, increases profits for farmers
Published: 15-08-2022 | 12:31:00 | By: Pie Kamau
AgriKool, a South African e-trading platform, is connecting agricultural producers to buyers to facilitate the sale of products between retailers and farmers.


Involta partners with tech startup HacWare to expand enterprise cybersecurity awareness services
Published: 08-08-2022 | 09:43:00 | By: Pie Kamau
Involta, a data center, hybrid IT, and cloud-forward consulting firm, announced a partnership with HacWare, an AI-driven cybersecurity awareness and training SaaS (Software-as-a-Service) product that combines threat intelligence with user behavior.


Israeli cybersecurity startup Canonic Security launches AppTotal API to streamline app-vetting for security teams
Published: 08-08-2022 | 09:31:00 | By: Pie Kamau
Canonic Security, a Tel Aviv-based cybersecurity startup providing a platform controlling third-party applications and integrations, announced the launch of the AppTotal API.


Cyber security startup Anvilogic raises $25m Series B funding to modernize security operations
Published: 22-07-2022 | 10:56:00 | By: Pie Kamau
Anvilogic, a modern security operations platform that brings a cloud-based security data lake to life, announced the company's $25 million Series B funding.


South Africa’s student housing startup DigsConnect secures investment to spearhead international growth
Published: 22-07-2022 | 09:39:00 | By: Pie Kamau
DigsConnect.com, South Africa’s digital student accommodation platform, announced the closure of its Pre-Series A seed extension round after securing undisclosed multi-million rand investment.


HiddenLayer startup emerges from stealth mode, raises $6m seed funding to protect AI-powered products
Published: 20-07-2022 | 10:06:00 | By: Pie Kamau
HiddenLayer startup announced it has emerged from stealth mode to launch its flagship product, after raising $6 million in seed funding led by Ten Eleven Ventures.


EuraTechnologies raises €24m to back deep tech startups, open 10 incubators in Eastern Europe
Published: 24-06-2022 | 11:55:00 | By: Pie Kamau
EuraTechnologies announced the raising of €24 million to back deep tech startups and open 10 incubators in Eastern Europe.


South Africa's Private equity fund PAPE acquires interest in fintech provider Entersekt
Published: 17-06-2022 | 13:58:34 | By: Pie Kamau
Entersekt, a global player in device identity and payment authentication, announced a new investment from PAPE Fund 3 (PAPE), a mid-market South African private equity fund.


[Interview] Michelle Matthews, Director, Viridian, South Africa
Published: 14-06-2022 | 17:14:50 | By: Bob Koigi
Following the rising levels of unemployment among young South Africans, the UK-South Africa Tech Hub Launch League initiative undertook a research project.


Canadian digital footprint monitoring startup Flare raises CAD$9.5m Series A to democratize cybersecurity
Published: 10-06-2022 | 11:06:00 | By: Pie Kamau
Flare, the leader in digital footprint monitoring, announced a CAD$9.5 million Series A Round led by Inovia Capital with participation from White Star Capital and Luge Capital.


South African edtech startup FoondaMate secures $2m seed funding to accelerate growth
Published: 31-05-2022 | 11:46:00 | By: Pie Kamau
FoondaMate, a South African edtech startup, has secured $2 million in seed funding to increase usage of its Whatsapp and Facebook-based learning chatbot throughout the globe.


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.


Fintech startup Consilient raises $3m seed funding round to develop next-gen financial crime compliance technology
Published: 24-05-2022 | 16:22:00 | By: Pie Kamau
Consilient, a fintech innovator aiming to transform financial crime compliance, announced it has secured a private $3 million seed funding round.


Security startup StackHawk raises $20.7m Series B funding for developer-first application and API security testing
Published: 16-05-2022 | 13:33:00 | By: Pie Kamau
StackHawk, the company making application security testing part of software delivery, has secured $20.7 million in capital co-led by Sapphire and Costanoa Ventures.


South African gold startup Nebü Gold develops a gold bullion investment you can wear
Published: 10-05-2022 | 09:44:00 | By: Pie Kamau
South African gold startup Nebü Gold, is the first African jeweller to give bullion investors the option of wearing elegant 24-karat investment-grade jewellery.


South African fintech firm Hello Pay launches new mPOS device for SMEs
Published: 06-05-2022 | 08:48:00 | By: Pie Kamau
South African fintech firm Hello Pay has launched a new high-end Android Mobile point-of-sale solutions (mPOS) for local merchants and SMEs.


Austin entrepreneurs launch new crypto cybersecurity startup, CryptoArmor
Published: 26-04-2022 | 12:22:00 | By: Pie Kamau
Austin-based entrepreneurs Grant Mitterlehner and Brendon Kelley are together forming a new startup, CryptoArmor, to build security tailored for crypto, NFT, and metaverse companies.


Lefebvre Sarrut launches second edition its European startups accelerator, LightSpeed
Published: 06-04-2022 | 14:27:00 | By: Pie Kamau
Lefebvre Sarrut Group reaffirmed its commitment to innovation and invites European startups to participate in the new edition of LightSpeed, its startup accelerator.


Bridgestone Mobility Solutions joins Startup Autobahn as ‘anchor partner’
Published: 05-04-2022 | 13:03:00 | By: Pie Kamau
Bridgestone Mobility Solutions, Bridgestone EMIA’s business unit focused on developing and launching data-driven fleet, tyre and mobility solutions, has become an “anchor partner” of Startup Autobahn, a mobility-focused innovation network.


South African tech startup SmartWage raises $2m to bridge gap between enterprises and frontline employees
Published: 05-04-2022 | 12:45:00 | By: Pie Kamau
SmartWage, an innovative HR and communications technology startup, raised $2 million oversubscribed seed funding round to support its vision of transforming Africa’s workforce.


Cybersecurity startup ActZero certified as SOC 2 Type II compliant
Published: 29-03-2022 | 14:43:17 | By: Pie Kamau
ActZero, a cybersecurity startup that helps small and mid-sized businesses protect their organizations, announced it has been third-party certified as Service Organization Control (SOC) 2 Type II compliant.


Cybersecurity startup MixMode secures $45 million financing to automate cyberattack detection
Published: 23-03-2022 | 15:59:50 | By: Bob Koigi
MixMode delivers a self-learning platform that helps enterprises and agencies detect and protect their networks against the most advanced cyberattacks. 80% of successful cyberattacks are novel attacks driving trillions of dollars in damage, including ransomware and supply chain attacks.


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.


Israeli network security startup OneLayer steps out of stealth with $8.2m seed round to protect private 5G networks
Published: 16-03-2022 | 12:25:00 | By: Pie Kamau
OneLayer, a pioneer in securing private LTE/5G networks for enterprises, announced its launch out of stealth along with an $8.2 million seed funding round led by Grove Ventures and Viola Ventures.


Cybersecurity startup MindWise launches equity crowdfunding campaign on MicroVentures
Published: 08-03-2022 | 11:09:18 | By: Pie Kamau
Cybersecurity startup MindWise announced the launch of an equity crowdfunding campaign on MicroVentures.


South African fintechs Payflex and Merchant Capital launch cash advance solution for small retailers
Published: 03-03-2022 | 11:44:00 | By: Pie Kamau
Two South African fintechs, alternative lender Merchant Capital and buy-now-pay-later (BNPL) specialist Payflex, have launched a cash advance solution for small and mid-sized retail sector.


South African cryptocurrency exchange VALR raises $50m Series B funding to expand across the continent
Published: 02-03-2022 | 12:12:00 | By: Pie Kamau
VALR.com, a South Africa cryptocurrency exchange, announced it has raised $50 million, Africa’s largest ever crypto funding round, bringing the company`s valuation at $240 million.


Israeli's Astrix Security emerges from stealth with $15m seed round to secure enterprises' expanding web of third-party apps
Published: 23-02-2022 | 15:56:00 | By: Pie Kamau
Astrix Security, the first app-integration access management solution, launched from stealth to modernize how enterprises monitor and control their ever-expanding web of interconnected third-party applications.


Cybersecurity startup Dazz appoints Mike Gesnaldo as Chief Revenue Officer
Published: 23-02-2022 | 14:35:00 | By: Pie Kamau
Dazz, cloud security remediation company, has announced the appointment of Mike Gesnaldo as Chief Revenue Officer. Gesnaldo will be responsible for building and executing a go-to-market and sales operation strategy.


South African fintech Troygold digitises R300b in Krugerrands allowing owners to use value for day-to-day transactions
Published: 21-02-2022 | 14:24:31 | By: Pie Kamau
South Africans have an estimated R300 billion in Krugerrands hidden in drawers and safes, unaware that they could be using the value of their gold to fund day-to-day financial transactions.


South African fintech startup Stitch raises $21m Series A funding to scale its operations
Published: 15-02-2022 | 09:48:00 | By: Pie Kamau
South African API fintech startup Stitch has raised a $21 million Series A funding round to scale its operations.


South African fintech Ukheshe achieves Level One B-BBEE rating
Published: 04-02-2022 | 09:27:47 | By: Pie Kamau
South African fintech, Ukheshe Technologies, has significantly improved its B-BBEE performance, becoming one of the only South African fintech enablers to achieve a Level One B-BBEE Contributor certification.


Docklands Ventures acquires South African proptech startup ParkUpp
Published: 04-02-2022 | 09:20:00 | By: Pie Kamau
Real estate investment company Docklands Ventures has acquired South African proptech startup ParkUpp for an undisclosed amount.


South African fintech startup CompariSure raises $980,000 pre-Series A funding to accelerate growth
Published: 31-01-2022 | 14:17:00 | By: Pie Kamau
South African fintech startup CompariSure, raised R15 million ($980,000) from Cape Town based HAVAÍC and 4Di in a pre-Series A funding round.


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


South African delivery startup Orderin raises $4.7m pre-Series B funding for expansion
Published: 27-01-2022 | 11:02:00 | By: Pie Kamau
South African B2B delivery-as-a-service (DaaS) startup Orderin has raised $4.7 million pre-Series B funding to scale its infrastructure and improve its last-mile delivery service.


Israeli tech startup Polar Security emerges from stealth with $8.5m seed round to automatically protect cloud data
Published: 20-01-2022 | 10:50:00 | By: Pie Kamau
Polar Security, a cloud-native data security company, announced it has raised a $8.5 million seed financing round and launched out of stealth.


[Kenya] Sankore announces pitch competition targeting blockchain startups
Published: 18-01-2022 | 09:39:00 | By: Pie Kamau
Nairobi-headquartered blockchain community Sankore is launching the Sankore Pitch Competition Tour (PCT) in Nairobi.


HUMAN raises $100 million in growth funding to build a more secure internet
Published: 07-01-2022 | 11:55:21 | By: Bob Koigi
Today, HUMAN protects the world’s largest enterprises and internet platforms from sophisticated bot attacks and fraud across the domains of application security, digital advertising, and performance marketing.


Intuit acquires Israel-based cybersecurity startup Imvision
Published: 04-01-2022 | 10:18:57 | By: Bob Koigi
Based in Israel, Imvision develops technology that enables enterprises to automatically discover, test and protect against attacks, by monitoring API traffic to identify threats and vulnerabilities. Terms of the transaction have not been disclosed.


Israeli cybersecurity startup PlainID secures $75 million financing to accelerate product development
Published: 03-01-2022 | 09:50:58 | By: Bob Koigi
PlainID, a provider of cybersecurity, authorization, and identity access management (IAM) solutions, has raised $75 million in Series C funding.


ContraForce announces $2 million Seed investment from DataTribe
Published: 23-12-2021 | 11:33:22 | By: Bob Koigi
DataTribe, a global cyber foundry that invests in and co-builds next-generation cybersecurity and data science companies, has announced today a $2 million seed investment in ContraForce, a startup involved in no-code security automation for small and medium-sized businesses.


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


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


English cyber security startup CultureAI raises $4m seed round to measure and mitigate human cyber security risk
Published: 30-11-2021 | 13:59:00 | By: Pie Kamau
CultureAI, the human cyber security platform founded by professional hackers, announced the closing of a $4 million Seed round to fuel its rapid growth.


South African fintech firm Ozow raises $48m Series B round to accelerate growth
Published: 23-11-2021 | 07:07:00 | By: Pie Kamau
South African fintech firm Ozow raised $48 million Series B funding round led by Chinese internet giant Tencent. Other investors Endeavor Catalyst and Endeavor Harvest Fund participating also participated in the round.


Seattle-area startup Lassen Peak raises $10m seed funding for weapons search technology
Published: 19-11-2021 | 12:58:00 | By: Pie Kamau
Seattle-area startup Lassen Peak announced the completion of Seed financing of $10 million with Alpha Intelligence Capital, Lauder Partners, Orbit Venture Partners, and other strategic seed investors participating in the investments.


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


Firmware security startup NetRise emerges from stealth with $6.8m seed round
Published: 17-11-2021 | 11:26:00 | By: Pie Kamau
NetRise, the company solving the world's firmware security problem, has emerged from stealth by closing their $6.8 million Seed Round led by Miramar Digital Ventures, with Sorenson Ventures, DNX Ventures and multiple strategic angels.


AI-informed physical security startup Hakimo raises $4m seed round
Published: 17-11-2021 | 11:06:00 | By: Pie Kamau
Hakimo, an AI platform designed to bring cybersecurity-like tools to the physical security industry, announced $4 million seed funding.


South Africa's emergency marketplace startup AURA secures R62m Series A funding for global expansion
Published: 16-11-2021 | 11:18:18 | By: Pie Kamau
AURA, the African-based security and medical response marketplace secured R62 million in a Series A funding round, led by MultiChoice Group (MCG), KLT Holdings and Buffet Investments, positioning AURA favourably for its global expansion plans.


South African fleet-tech startup KeyTec and LocoNav enter Africa's video telematics market
Published: 11-11-2021 | 10:49:00 | By: Pie Kamau
South Africa fleet-tech startup KeyTec has partnered with LocoNav to capture the emerging and high-growth video telematics market throughout Africa.


South African fintech startupJumo raises $120 million to expand into new African markets
Published: 11-11-2021 | 08:41:46 | By: Bob Koigi
The latest funding round brings JUMO’s total funding raised to date to c$200 million. Prior investment rounds have included Leapfrog, Goldman Sachs, Finnfund, Proparco, Vostok Emerging Finance and Brook Asset Management.


South Africa based fintech startup SOLMate launches prepaid debit cards for consumers
Published: 04-11-2021 | 14:57:09 | By: Bob Koigi
In its ongoing effort to offer clients a fully-fledged financial ecosystem in their pockets, SOLMate has further enhanced its solutions with the launch of this new generation debit card.


South African e-Health startup RecoMed concludes $1.5m funding round to scale its online healthcare marketplace
Published: 28-10-2021 | 16:44:00 | By: Pie Kamau
RecoMed, the online healthcare marketplace and booking platform in sub-Saharan Africa concluded a highly successful funding round of $1.5 million with a strong and diversified group of leading local and international investors.


Nortal acquires minority stake in cybersecurity startup Talgen
Published: 20-10-2021 | 15:19:00 | By: Pie Kamau
Digital transformation company Nortal has entered into a definitive agreement to acquire minority stake in the cybersecurity startup Talgen to bolster cybersecurity capabilities and unlock new opportunities in Europe, North America, and the GCC countries.


Singapore cybersecurity startup BitTrap develops detection technology to address surge in cyberattacks
Published: 07-10-2021 | 13:52:00 | By: Pie Kamau
Singapore cybersecurity startup BitTrap announced a blockchain-based cybersecurity solution that leverages attackers' motivations to provide singular detection capabilities.


South African fintech firm Ukheshe partners with Chipper Cash startup to accelerate rollout out of digital payment offerings
Published: 30-09-2021 | 15:29:32 | By: Pie Kamau
South African fintech firm Ukheshe Technologies has partnered with Chipper Cash to enhance and accelerate the rollout out of Chipper’s digital payment offerings.


South African fintech startup SOL announces rebrand with new virtual card offering
Published: 01-09-2021 | 12:31:00 | By: Pie Kamau
South African fintech startup SOLmate, an online payment platform that offers clients a digital wallet facility, has unveiled a new product offering together with an extensive rebrand and renewed corporate vision.


South African fintech firm Ukheshe partners with dzcard to expand digital payment solutions in Asia Pacific
Published: 31-08-2021 | 12:35:47 | By: Pie Kamau
South Africa“s fintech startup Ukheshe which has been on a rapid expansion to different markets has announced a new partnership with global next-generation card solutions and digital security company, dzcard.


Cybersecurity Startup ActZero announces partnership with Tech Data
Published: 26-08-2021 | 13:46:37 | By: Bob Koigi
Together, ActZero and Tech Data aim to help organizations accurately detect, learn from, and prevent emerging security threats.


[Startup Interview] Dylan Pfeil, Co-Founder, Business Solutions Centre, South Africa
Published: 16-08-2021 | 13:15:00 | By: Bob Koigi
Business Solutions Centre is a South African-based telecommunication startup that has embraced a business model of providing a one-stop shop for all digital needs of clients.


Naspers Foundry leads $8.3m Series A investment in South African insurtech startup Naked
Published: 06-08-2021 | 14:07:00 | By: Pie Kamau
Naspers, through its early-stage tech investment vehicle Naspers Foundry, invested $8.3 million (R120 million) in Naked, the artificial intelligence (AI)-driven insurtech startup that offers full digital insurance to cars, homes, and valuables.


Confluera named top cybersecurity startup in 2021 Black Unicorn Awards
Published: 03-08-2021 | 11:26:00 | By: Pie Kamau
Confluera, the provider of next-generation cloud detection and response, has been named a winner in the "Top 10 Cybersecurity Startups" category of this year's 2021 Black Unicorn Awards, by Cyber Defense Magazine.


South African payments startup Yoco raises $83m Series C funding to accelerate growth
Published: 28-07-2021 | 14:29:00 | By: Pie Kamau
South African payments startup Yoco has raised a Series C funding round of $83 million (R1.23 billion) to accelerate product development and reach more merchants in South Africa and beyond.


Investment firm NightDragon closes $750m growth fund as part of next-gen cybersecurity, safety, security and privacy platform
Published: 27-07-2021 | 13:16:00 | By: Pie Kamau
NightDragon announced the close of NightDragon Growth I, a new $750 million venture capital fund to invest in and advise late-stage and growth companies in the cybersecurity and privacy industry.


[Startup Interview] Dimitri Kalamoudacos,Co-founder, Entrepreneur Suite, South Africa
Published: 27-07-2021 | 12:13:45 | By: Bob Koigi
Entrepreneur Suite is a South African startup targeting micro retailers with an application that records valuable sales information that is then served back to the business owner as demand forecasting suggestions which are designed to provide profiting opportunities.


South African startup Omnisient raises $1.4m for global expansion
Published: 14-07-2021 | 11:53:00 | By: Pie Kamau
Omnisient, a secure data collaboration platform, has achieved its second raise this year totalling $1.4 million. The investments will be used to expand the Omnisient team, accelerate product development and drive international expansion.


Seven South African legal startups to pitch for €10,000 grant
Published: 08-07-2021 | 11:08:00 | By: Pie Kamau
The Hague Institute for Innovation of Law (HiiL) kicked off its annual global Innovating Justice Challenge in search of the region’s best justice-related social entrepreneurs in March this year.


South African fintech startup Ukheshe Technologies announces boostXB joint venture with ForexPeople
Published: 01-07-2021 | 13:48:00 | By: Pie Kamau
South African fintech startup, Ukheshe Technologies has partnered with ForexPeople, one of the country’s names in forex with over 20 years of experience, to seamlessly facilitate cross-border payments from South Africa into Africa.


South African delivery startup Picup introduces premium driver network for businesses
Published: 29-06-2021 | 13:34:02 | By: Pie Kamau
South Africa's crowdsource delivery tech startup Picup has introduced a premium service aimed at businesses that require drivers to represent their brand.


Catalyst Fund announces Circle of Corporate Innovators to accelerate startup-corporate partnerships
Published: 29-06-2021 | 13:23:16 | By: Pie Kamau
Global inclusive tech accelerator Catalyst Fund, managed by BFA Global, today formally announced its Circle of Corporate Innovators, with its first members, Fidelity Bank, Ecobank, Sterling Bank, Access Bank and the VFD Group.


Tech startup Drata raises $25m Series A to accelerate rapid growth of its security and compliance automation platform
Published: 24-06-2021 | 13:15:00 | By: Pie Kamau
Drata, a next-gen security and compliance automation company, announced $25 million in Series A funding led by GGV Capital. The new financing comes six months after the company's initial seed round and launch out of stealth.


Cybersecurity startup Hive Pro secures $3m in seed funding
Published: 23-06-2021 | 14:27:00 | By: Pie Kamau
Silicon Valley-based Hive Pro, creator of Predictive Vulnerability Analytics (PVA), announced it has closed $3 million in seed financing led by Simpra Holdings.


Tech startup Britive raises $10m to secure privileged access for multi-cloud enterprises
Published: 01-06-2021 | 12:58:00 | By: Pie Kamau
Britive, a cloud-native dynamic access management platform announced it has raised $10 million in a Series A funding round led by Crosslink Capital with participation from seed round investors Upfront Ventures and One Way Ventures.


South African biotech startup LifeQ secures $47m in Series A funding
Published: 28-05-2021 | 13:59:00 | By: Pie Kamau
South Africa and US-based biotech startup LifeQ secured $47 million in Series A funding from One Bio Venture Studio, a Cape Town-based VC and several other investors.


Blu Venture Investors launches $25m BVI Cyber Fund for Series A growth cybersecurity companies
Published: 21-05-2021 | 14:09:00 | By: Pie Kamau
Blu Venture Investors, a primary source venture capital firm, announced the launch of the BVI Cyber Fund, a $25 million fund targeted at Series A growth companies in cybersecurity.


AlphaCode announces four startups taking part in the second phase of its incubate programme in South Africa
Published: 20-05-2021 | 14:50:00 | By: Pie Kamau
AlphaCode has announced the four fintech startups that will be part of the second phase of the AlphaCode Incubate programme.


South African fintech startup Ukheshe expands into Asia-Pacific region
Published: 20-05-2021 | 14:41:16 | By: Pie Kamau
South African fintech startup Ukheshe Technologies announced it will be expanding its footprint into the Asia-Pacific region as it introduces innovative digital-first payment solutions.


Cybersecurity startup ActZero announces platform enhancement, alliance with CrowdStrike to accelerate managed detection
Published: 19-05-2021 | 09:57:00 | By: Pie Kamau
ActZero, a cybersecurity startup whose mission is to democratize cybersecurity for small and mid-size businesses, announced a major enhancement of its AI-driven managed detection and response (MDR) platform.


Silicon Valley startup ArmorCode emerges from Stealth with $3m in seed funding to redefine application security
Published: 14-05-2021 | 11:20:00 | By: Pie Kamau
ArmorCode, the Silicon Valley startup delivering application security at the speed of DevOps, has secured $3 million in seed financing led by Sierra Ventures with participation from Tau Ventures and Z5 Capital and individual investors.


Israeli AI-powered identity and security management startup Authomize secures $16m to accelerate growth
Published: 13-05-2021 | 12:28:00 | By: Pie Kamau
Authomize, the Identity and Security Management Platform (IDSM), announced the close of $16 million in Series A funding. Innovation Endeavors led the round with participation from return investors Blumberg Capital, Entree Capital and M12.


DBSA launches second edition of the Youth Challenge in South Africa
Published: 05-05-2021 | 16:02:56 | By: Pie Kamau
The Development Bank of Southern Africa (DBSA), launched the second edition of the DBSA Youth Challenge, a competition aimed at harnessing innovative solutions from young people in South Africa to help address infrastructure challenges.


Asset management startup JupiterOne raises $30m Series B funding to accelerate growth
Published: 05-05-2021 | 13:05:00 | By: Pie Kamau
JupiterOne, the provider of cyber asset management and governance solutions, announced a $30-million Series B funding round led by Sapphire Ventures to support the company's rapid growth in revenue, customers, and employees.


VISO Trust raises $3m to deliver automated third party cyber due diligence at the speed of business
Published: 04-05-2021 | 12:35:00 | By: Pie Kamau
VISO Trust announced it has raised $3 million in seed funding to automate third party cyber due diligence with an AI-driven social due diligence network.


Grindstone accelerator programme opens applications for South African startups
Published: 20-04-2021 | 09:36:42 | By: Pie Kamau
Applications for this year’s Grindstone’s accelerator programme are now open. Grindstone is an equity-free structured entrepreneurship development programme that assists high-growth innovation-driven SMEs in South Africa.


South African digital health startup Quro Medical secures $1.1m seed funding to accelerate growth
Published: 15-04-2021 | 15:06:00 | By: Pie Kamau
Quro Medical, a South African digital health startup, emerged from stealth mode to announce the closure of its seed funding round to accelerate growth for Africa’s first technology-driven Hospital at Home offering.


Cyber security startup Calamu raises $2.4m seed to pioneer auto-healing data protection
Published: 09-04-2021 | 09:48:00 | By: Pie Kamau
Calamu, a data protection and resiliency trailblazer, announced it has emerged from stealth after closing $2.4 million in an oversubscribed seed round.


SOSA teams up with the CTA to scale Canadian cyber startups in the U.S
Published: 26-03-2021 | 10:18:00 | By: Pie Kamau
SOSA, the global open innovation company, announced its partnership with the Canadian Technology Accelerator (CTA), to launch the next CTA Cybersecurity, Privacy & Compliance Virtual Program in New York.


Cybersecurity startup ActZero announces its public launch with $40 million investment
Published: 09-03-2021 | 14:00:00 | By: Pie Kamau
ActZero, a cybersecurity startup whose mission is to make cybersecurity accessible and scalable to small and mid-sized businesses by complementing managed detection and response services with artificial intelligence, announced its public launch.


Enygma Ventures targets Southern Africa women entrepreneurs with funding opportunities
Published: 02-03-2021 | 14:59:00 | By: Bob Koigi
Enygma Ventures, is looking for passionate women entrepreneurs to invest in. The venture capital fund was established by two successful women entrepreneurs who now invest in women entrepreneurs in Southern Africa.


Cyber security startup SPHERE secures $10m in Series A funding for expansion
Published: 19-02-2021 | 10:57:00 | By: Pie Kamau
SPHERE, a woman-owned cybersecurity business focused on providing best-of-breed software and services for access governance across data, platforms and applications, announced a $10 million series A round led by ForgePoint Capital.


HAVAÍC predicts bumper year for African tech startups
Published: 17-02-2021 | 14:48:07 | By: Bob Koigi
As one of South Africa’s most active Venture Capital investors, HAVAÍC says 2020 saw the commercial adoption of technology increase at unprecedented rates, as illustrated by the performance of HAVAÍC and its portfolio companies.


Data privacy tech startup WireWheel raises $20m in Series B funding for market expansion
Published: 11-02-2021 | 10:01:00 | By: Pie Kamau
WireWheel, a data privacy technology platform, announced $20 million in Series B financing led by ForgePoint Capital, with existing investors also participating in the round, bringing total capital raised by the company to $45 million.


Tech startup Bodyguard expands into the US to protect social media users from toxic online content
Published: 11-02-2021 | 09:21:00 | By: Pie Kamau
Bodyguard, the technology startup that protects users from cyber harassment, hate speech and toxic content online, launched a major US expansion at CES 2021, in line with its vision of creating a safer web around the world.


African startup StarNews Mobile launches incubator for South African youths interested in digital film
Published: 01-02-2021 | 14:23:41 | By: Pie Kamau
StarNews Mobile launched its grassroots Youth Initiative incubator in partnership with Solutions on Point to empower young individuals interested in the digital film industry in South Africa.


South African VC firm Knife Capital launches 2nd 12J Venture Capital Fund
Published: 01-02-2021 | 14:04:00 | By: Pie Kamau
South Africa’s VC firm Knife Capital announced the launch of its second Section 12J Venture Capital Fund to allow new investors to participate.


VentureIsrael leads $2.2m seed round in Israeli's maritime cyber security startup Cydome
Published: 28-01-2021 | 12:44:00 | By: Pie Kamau
Israeli early-stage deep tech fund VentureIsrael led Cydome's seed investment round of $2.2 million with participation of private investors from Israel and Singapore.


TransUnion partners with South Africa's fintech startup Fincheck to improve access to finance for consumers
Published: 20-01-2021 | 08:54:00 | By: Pie Kamau
Global information and insights company, TransUnion, has partnered with South Africa’s financial marketplace, Fincheck, to make credit application process easier and less frustrating for consumers.


Cybersecurity startup SecurityGate.io releases product update to help security leaders identify overlooked people, process risks
Published: 19-01-2021 | 14:54:00 | By: Pie Kamau
SecurityGate.io, a risk management SaaS (Software as a Service) for critical infrastructure cybersecurity, announced the release of their new PPT Insight.


The African youth powering a gaming revolution
Published: 19-01-2021 | 12:45:00 | By: Bob Koigi
As esports dominate modern entertainment industry as a fast growing sport, Kenya and South Africa youth continue to dominate the world of competitive video gaming.


[Startup Interview] Tony Botha, Managing Director, carbonTRACK Africa, South Africa
Published: 14-01-2021 | 08:12:00 | By: Bob Koigi
carbonTRACK Africa is a South Africa technology startup that seeks to create a world where energy is consumed sustainably, shared fairly and empowers all people. The ultimate goal is establishing an energy ecosystem that will close the gap between energy supply and demand.


Cybersecurity firm Trend Micro goes global to find entrepreneurs set to unlock the smart connected world
Published: 12-01-2021 | 11:07:55 | By: Pie Kamau
Cybersecurity firm Trend Micro announced it has upped the stakes for its annual tech startup pitch-off competition, the Forward Thinker Award, doubling the first-place cash prize to $20,000.


[Startup Interview] Deon de Swardt, Co-Founder, Africa People Advisory Group, South Africa
Published: 05-01-2021 | 10:46:00 | By: Bob Koigi
Africa People Advisory Group is a South Africa Human Resource Advisory firm whose primary focus is to deliver consulting and product solutions to organizations operating in and across the African continent. The firm’s Co-founder Deon de Swardt explains the company’s business model and plans.


54gene, Kobo360, myFanPark, Sokowatch among 12 startups to win AppsAfrica Awards 2020
Published: 16-12-2020 | 15:29:00 | By: Pie Kamau
54gene, Kobo360, myFanPark and Sokowatch have been named among the 12 winners of AppsAfrica Awards 2020. The awards celebrates the best startups in mobile and tech from across Africa.


South Africa agritech startup Aerobotics raises funds for global expansion
Published: 16-12-2020 | 09:05:40 | By: Bob Koigi
FMO and Cathay AfricInvest Innovation have invested in Aerobotics, a South African AgriTech startup developing intelligent tools to the feed the world.


Cybersecurity startup Kapalya closes seed funding round to further enhance its Encryption Management Platform
Published: 11-12-2020 | 15:07:15 | By: Pie Kamau
Kapalya, an enterprise grade cybersecurity startup, closed seed funding round led by Caltrop Holdings, a global holdings company, headquartered in Irvine, California, USA.


Industrial AI solutions startup MakinaRocks joins NVIDIA Inception
Published: 11-12-2020 | 12:42:40 | By: Pie Kamau
MakinaRocks, a startup based in Seoul and Silicon Valley, specializes in the emerging field of industrial AI software with a primary focus on anomaly detection and intelligent control technology.


Cybersecurity startup Intezer launches community edition of Intezer Protect
Published: 08-12-2020 | 12:59:00 | By: Pie Kamau
Cybersecurity startup, Intezer, launched the free community edition of Intezer Protect, a runtime Cloud Workload Protection Platform (CWPP).


South African tech startup LetMeIn.to raises R2.2m to scale its visitor and access management platform
Published: 07-12-2020 | 19:16:00 | By: Pie Kamau
South African tech startup LetMeIn.to raised R2.2 million in funding from an undisclosed impact investor to scale up and expand its visitor and access management platform.


South African startup myFanPark merges with Starsona to create a global celebrity engagement platform
Published: 04-12-2020 | 11:19:00 | By: Pie Kamau
South African startup myFanPark has announced its merger with Silicon Valley-based celebrity engagement platform Starsona.


Dutch cyber security startup EclecticIQ raises €20m Series C funding for expansion
Published: 01-12-2020 | 11:26:00 | By: Pie Kamau
EclecticIQ, a global threat intelligence, hunting and response technology provider, has raised €20 million in Series C financing, led by Ace Management, Europe's leading cyber growth investor.


South African fintech startup Ukheshe to acquire Oltio, strengthens partnership with Mastercard
Published: 23-11-2020 | 07:53:00 | By: Pie Kamau
South African fintech startup Ukheshe announced it has entered into an agreement to acquire Oltio, a mobile technology company that developed Mastercard’s QR payment service Masterpass in South Africa.


Havoc Shield raises $1.45 million to enhance enterprise-grade cybersecurity among small businesses
Published: 19-11-2020 | 13:34:05 | By: Bob Koigi
Havoc Shield, a technology company whose all-in-one cybersecurity platform is built specifically for startups and small businesses has raised $1.45 million.


South Africa's MetroFibre Networx completes new capital raise from AIIM and STOA
Published: 18-11-2020 | 11:25:26 | By: Pie Kamau
African Infrastructure Investment Managers (AIIM), Africa’s infrastructure-focused private equity fund managers, has acquired a minority equity stake in MetroFibre Networx, a South African open access fibre network operator.


AI Media Group launches Africa’s first AI-focused free investment matchmaking service for African startups
Published: 16-11-2020 | 12:45:00 | By: Pie Kamau
The AI Media Group has launched The Deal Room, Africa’s first artificial intelligence (AI) focused, free investment matchmaking service which aims to connect African AI focused startups to interested investors and venture capitalists (VCs).


Cybersecurity startup SentinelOne raises $267 million to accelerate offering
Published: 13-11-2020 | 13:35:47 | By: Bob Koigi
SentinelOne, the autonomous cybersecurity platform company, has announced it has raised $267 million in Series F funding led by Tiger Global Management, with participation from Sequoia Capital Global Equities.


Peer-to-peer solar leasing startup Sun Exchange announces African expansion in Zimbabwe
Published: 11-11-2020 | 15:13:00 | By: Pie Kamau
South African peer-to-peer solar leasing startup Sun Exchange marked its official expansion into sub-Saharan Africa with the first of three crowdsales for a multiphase, 1.9 megawatt (MW) solar-plus-storage project for Nhimbe Fresh.


Israeli cybersecurity startup ReSec Technologies raises $4m Series A funding for expansion
Published: 10-11-2020 | 09:51:00 | By: Pie Kamau
ReSec Technologies, a cyber security company that protects organizations from file-based malware threats, announced the completion of its $4 million Series A round of financing.


African startups more investible now than ever
Published: 09-11-2020 | 09:20:00 | By: Pie Kamau
Africa’s startups have never been more investible than now. There is a growing number of professional ‘super angels’ involved in record-breaking deals, and private equity investments have doubled since last year.


Cado Security raises $1.5 Million funding to bolster cybersecurity tech
Published: 07-11-2020 | 13:08:23 | By: Bob Koigi
Cado Security, a provider of the world’s first cloud-native cyber forensics and response platform Cado Response, has announced the close of a $1.5 million seed round led by Ten Eleven Ventures.


Enso Security raises $6 million to eliminate application security chaos
Published: 04-11-2020 | 12:24:58 | By: Bob Koigi
Enso Security, a pioneering Application Security Posture Management (ASPM) startup based in Israel, has announced $6 million in seed funding led by YL Ventures.


Paxful partners with African fintech startup Uhuru Wallet to ease money transfers
Published: 04-11-2020 | 11:49:00 | By: Pie Kamau
Crypto marketplace Paxful announced it is adding Uhuru Wallet as a payment method to its platform, to help provide easy access to the crypto economy for users in Southern Africa.


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.


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.


Sabio Group acquires Anana to extend customer experience capability
Published: 12-10-2020 | 13:08:00 | By: Bob Koigi
Sabio Group has acquired customer experience solutions specialist Anana. The acquisition supports Sabio’s goal to become the leading player across the European customer experience market.


ABBYY acquires Pericom Singapore to expand Asia Pacific footprint
Published: 09-10-2020 | 11:28:52 | By: Bob Koigi
ABBYY, a Digital Intelligence company, has announced it acquired Pericom Singapore, part of the Pericom Group, a solution provider based in Singapore.


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.


Strike Graph launches with $3.9 million funding to automate security audits
Published: 07-10-2020 | 13:05:18 | By: Bob Koigi
Strike Graph, a compliance automation startup, has announced its launch and seed funding of $3.9 million, led by Madrona Venture Group with participation from Amplify.LA, Revolution’s Rise of the Rest Seed Fund and Green D 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.


Cyber security startup Cerby announces $3.5m seed round to accelerate product development and hiring
Published: 28-09-2020 | 15:36:00 | By: Pie Kamau
Cerby, a stealth cybersecurity company focused on helping enterprises harness Shadow IT, announced a $3.5 million seed round led by Bowery Capital with participation from AV8 Ventures, Global Founders Capital, and the Incubate Fund US.


Mastercard announces Fintech Express to empower Middle East and Africa fintechs to launch and expand rapidly
Published: 24-09-2020 | 16:49:00 | By: Pie Kamau
Mastercard has launched Fintech Express in the Middle East and Africa (MEA), a program designed to facilitate emerging fintechs’ launch and expansion.


[Startup Interview] Marthinus Coetzee, CEO, iPTT Africa, South Africa
Published: 22-09-2020 | 11:02:00 | By: Bob Koigi
Iptt africa (pty) Limited, a South African telecommunications startup, solves the communication problems faced by many businesses and organizations in Africa through its italkptt platform that allows businesses to communicate from anywhere in Africa to anywhere in the world. The CEO Marthinus Coetzee elaborates.


Harvard-incubated startup MarqVision launches AI-powered platform to protect brands from counterfeits
Published: 21-09-2020 | 13:43:44 | By: Pie Kamau
MarqVision, an AI-based SaaS company, launched its brand protection platform that helps brands effortlessly detect and remove counterfeits on online marketplaces.


First AML raises $5.4 million to boost its anti-money laundering tech solution
Published: 16-09-2020 | 18:41:30 | By: Bob Koigi
First AML has raised $5.4 million in a Series A funding round led by US-based Bedrock Capital, with support from existing investors Pushpay founder Chris Heaslip and Icehouse Ventures.


Hetz Ventures closes on $77m for oversubscribed second fund to invest in B2B enterprise tech
Published: 16-09-2020 | 14:58:00 | By: Pie Kamau
Hetz Ventures, a leading venture capital fund for early-stage investments, announced the close of its second flagship fund, oversubscribed at $77 million.


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.


Pcysys announces $25m Series B funding round led by Insight Partners
Published: 09-09-2020 | 14:56:00 | By: Pie Kamau
Cybersecurity Validation company, Pcysys, announced it has completed a $25 million Series B funding round led by US-based venture capital and private equity firm Insight Partners.


Early investors in 4IR startups set to reap rewards
Published: 08-09-2020 | 15:45:00 | By: Pie Kamau
Early investors in startups with exposure to the fourth industrial revolution (4IR) are benefiting from significant revenue growth despite the physical constraints introduced by governments’ responses to the Covid-19 pandemic.


LimaCharlie receives $500K seed funding to accelerate growth of security infrastructure as a Service
Published: 01-09-2020 | 15:58:00 | By: Pie Kamau
LimaCharlie, the market leader for delivering Information Security Infrastructure as a Service (SIaaS), has secured seed $500K funding from Lytical Ventures to accelerate growth and support its continued success.


Cybersecurity startup Blumira raises $2.6 million to expand capacity
Published: 12-08-2020 | 13:10:00 | By: Bob Koigi
Blumira, an emerging cybersecurity startup based in US, recently raised $2.6 million in funding. This investment will allow the company to continue innovating on the latest threat detection and response technology.


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


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


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


Catalyst Fund announces seventh cohort of inclusive fintech startups
Published: 09-07-2020 | 15:35:37 | By: Bob Koigi
Catalyst Fund, the global inclusive fintech accelerator, has announced that six new fintech startups, from Nigeria, South Africa, Mexico and India are joining its existing portfolio of 31 companies.


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


[Startup Interview] Riaan Rautenbach, CEO, Live Fr8, South Africa
Published: 30-06-2020 | 14:07:15 | By: Bob Koigi
LIVE FR8™ is a South African startup that offers cargo suppliers and transporters improved and cheaper logistics services through cloud technology. Cargo suppliers and transporters connect directly.


[Startup Interview] Anton Janovsky, Founder, Giga Technology, South Africa
Published: 30-06-2020 | 13:11:36 | By: Bob Koigi
Giga Technology is a South African telecommunications startup involved in the manufacture and export of a host of communication technologies across Africa and Europe.


[Startup Interview] Katlego Malatji, CEO, ProjectOne Engineering, South Africa
Published: 30-06-2020 | 12:52:00 | By: Pie Kamau
Katlego Malatji is the CEO of ProjectOne, a South African based innovative engineering consultancy company that focuses on 4IR projects in manufacturing.


[Startup Interview] Seth Wessels, Co-Founder, Tungston Trading, South Africa
Published: 26-06-2020 | 15:05:00 | By: Bob Koigi
Tungston Trading based in South Africa is a business involved in the supply of cast iron range of products to the retail merchants for home improvements and plumbing.


Crowdsourced ethical hacking platform Intigriti raises €4m for international expansion
Published: 25-06-2020 | 13:40:00 | By: Pie Kamau
Belgium based crowdsourced cybersecurity firm Intigriti has raised €4.14 million in their Series A round, led by European based venture capital firm ETF partners.


Spain cybersecurity startup Kymatio closes €725,000 in financing round from Sabadell and JME Ventures
Published: 23-06-2020 | 16:38:00 | By: Pie Kamau
Kymatio, the SaaS platform that enables the management of cyber risk for employees, has increased its first round of investment by 40% to accommodate two new partners, Banco Sabadell BStartup and the JME Ventures fund.


US startup NS8 Inc raises $123 million financing to tackle online fraud
Published: 17-06-2020 | 12:42:00 | By: Bob Koigi
Las Vegas-based cybersecurity startup NS8 Inc has closed $123 million in venture funding to help it accelerate product development and expand its global reach with an increased focus on growing its vast partner network.


Naspers Foundry invests R100 million in South African agri-tech startup, Aerobotics
Published: 11-06-2020 | 14:16:00 | By: Pie Kamau
Naspers announced a R100 million investment in agritech business Aerobotics, through its early-stage business funding initiative Naspers Foundry. Aerobotics is a subscription-based artificial intelligence (AI) company that provides intelligent tools for the agricultural industry to manage its crops.


Solar leasing startup Sun Exchange secures $3 million investment from ARCH for African market expansion
Published: 09-06-2020 | 13:34:00 | By: Pie Kamau
South African solar leasing startup Sun Exchange has secured a $3 million investment from ARCH Emerging Markets Partners’ Africa Renewable Power Fund (ARPF), marking the close of $4 million Series-A funding round.


CirrusHQ announces £400,000 investment, appointment of Alastair Mills as new Chairman to drive business growth in the UK
Published: 01-06-2020 | 17:36:00 | By: Pie Kamau
CirrusHQ, a leading Amazon Web Services (AWS) Advanced Consulting and Solution Provider partner, announced it has secured a £400,000 growth capital investment plus the appointment of Alastair Mills as the company’s new Chairman.


Dutch firm CNBB invests in South African employee engagement solution startup, Wyzetalk
Published: 29-05-2020 | 11:49:00 | By: Pie Kamau
Dutch investment company CNBB Venture Partners has made a multi-million euro investment in Wyzetalk, a fast-growing digital employee engagement company.


US digital insurance startup Coalition secures $90 million to tackle cyber risks
Published: 21-05-2020 | 11:12:00 | By: Bob Koigi
Coalition, a US cyber insurance and security startup has raised $90 million in equity capital to fuel its mission to solve cyber risk, and support its rapid growth and global expansion.


[South Africa] Food delivery startup Zulzi raises $1.6 million to expand operations
Published: 18-05-2020 | 15:02:39 | By: Bob Koigi
Zulzi, a South Africa based on-demand delivery platform has bagged R30 million ($1.6 million) funding from an unnamed JSE-listed company, aimed to expand its operations.


[Startup Interview] Candace Knox, CEO, Fat Finger Technologies, South Africa
Published: 15-05-2020 | 16:16:00 | By: Bob Koigi
Fat Finger Technologies in South Africa offers an array of Information Technology services and solutions ranging from simple office networks to full cloud-hosted solutions to public facing networks with internet fail-over.


[Startup Interview] Razia Adam, CEO, Lwandle RNS Holdings, South Africa
Published: 15-05-2020 | 11:03:00 | By: Bob Koigi
Razia Adam is the founder and CEO of Lwandle RNS Holdings, a South African mining startup that has since 2015 been providing industry players digitization processes and systems in order to enable high production rates.


[Startup Interview] Daniel Greaves, CEO, Fuel to Fly, South Africa
Published: 08-05-2020 | 18:15:00 | By: Bob Koigi
Daniel Greaves is the founder and CEO of South Africa-based startup Fuel to Fly that offer boutique sales outreach services that are powered by advanced data analytics.


[Startup Interview] Elton Greeve, CEO, EMG Agri Solutions, South Africa
Published: 27-04-2020 | 09:13:00 | By: Bob Koigi
EMG Agri Solutions, a South African startup offers business planning, management consulting, strategic management, and specialized project management for agri-businesses. The focus is on providing farmers and agri-businesses with specialist advisory solutions.


[Startup Interview] Josephine Pretorius, Founder, Consolidated Marketing Services, South Africa
Published: 24-04-2020 | 10:27:00 | By: Bob Koigi
Josephine Pretorius is the founder and CEO of Consolidated Marketing Services, CMS, a South African startup offering marketing and PR services to clients predominantly in the energy and power infrastructure sector.


[Startup Interview] Mhlengi Ngcobo, CEO, CoffeMM, South Africa
Published: 04-03-2020 | 12:25:00 | By: Bas Vlugt
CoffeeMM, a South African startup in the coffee business has been working with smallholder farmers in South Africa, Mozambique, Burundi and Zimbabwe to process their raw coffee for the retail market. Besides connecting them to international


[Startup Interview] Rich Cheary, CEO, PT SportSuite, South Africa
Published: 26-02-2020 | 12:52:00 | By: Bob Koigi
PT SportSuite is a South African company whose mission is to digitally disrupt the sporting industry’s media landscape by allowing sporting organisations to operate like commercially-minded modern media houses, while building


[Startup Interview] Lwazi Nongauza, Executive Director, BTN Mobile, South Africa
Published: 02-08-2019 | 12:42:00 | By: Bas Vlugt
BTN Mobile is a South African digital telecommunications network that seeks to revolutionize the telecommunications landscape in the country and beyond while bridging the digital divide by making ICT services available to the underserved at a reasonable rate