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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3785238 | Tags:











EIB Global announces $30 million investment in Seedstars Africa Ventures I, a VC fund for African entrepreneurs
Published: 11-01-2024 | 16:12:27 | By: Bob Koigi
Innovative businesses and start-ups across Africa will benefit from better access to risk capital thanks to a  US$30 million equity investment by EIB Global in the Seedstars Africa Ventures I venture capital fund. 




South Korean edtech startup Mathpresso secures $8m to accelerate growth
Published: 12-09-2023 | 11:41:00 | By: Pie Kamau
Mathpresso has raised $8m from Korea's telecom giant, KT.


Upskilling startup AlmaBetter partners with Woolf to deliver accredited degrees to online learners
Published: 01-08-2023 | 13:41:00 | By: Pie Kamau
AlmaBetter has partnered with Woolf.


CcHUB launches $15m accelerator for edtech startups in Kenya and Nigeria
Published: 21-02-2023 | 10:16:00 | By: Pie Kamau
Co-Creation Hub (CcHUB), touted as Africa’s largest innovation and incubation hub, announced it is launching a $15 million accelerator program for targeting edtech startups.


New Orleans edtech startup Pressto utilizes AI to revolutionize writing instruction
Published: 25-01-2023 | 10:59:00 | By: Pie Kamau
Edtech startup Pressto is releasing unprecedented teacher-driven product enhancements, including the incorporation of unique AI capabilities, at the Future of Education Technology Conference in New Orleans.


Italian edtech startup Wyblo acquires college communication platform Clay to scale social learning
Published: 09-01-2023 | 09:53:00 | By: Pie Kamau
Wyblo, an Italian edtech startup creating tech to support the training industry, has acquired Clay, a Berlin-based startup that created a digital tool that helps instructors create a social classroom.


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.


AI startup Prof Jim auto-converts textbooks into cinematic lessons
Published: 16-11-2022 | 10:29:00 | By: Pie Kamau
Prof Jim is launching out of stealth with one of the first practical applications of generative AI in education. This technology transforms textbooks into visually dynamic online courses.


South Korean edtech startup Day 1 Company announces plans to Dive into US
Published: 26-08-2022 | 13:28:00 | By: Pie Kamau
Korean edtech startup, Day 1 Company, announced plans to enter the U.S. market with the launch of a new product, Dive.


Dubai tech startup Educatly appoints LinkedIn's Executive Ali Matar to Board of Advisors
Published: 22-08-2022 | 12:11:00 | By: Pie Kamau
Dubai-based tech startup Educatly has appointed Ali Matar, Head of LinkedIn MENA and EMEA growth markets, to its Board of Advisors.


Finnish edtech startup Kide Science raises €1m bridge round to accelerate growth
Published: 08-08-2022 | 11:09:00 | By: Pie Kamau
Finnish edtech startup Kide Science announced it has raised €1 million, to support their new and exciting bid to expand from primarily science education, into all early years subjects.


Michigan-based edtech startup Alchemie earns $1m grant for accessible learning for STEM
Published: 15-07-2022 | 12:15:00 | By: Pie Kamau
Alchemie, an educational technology company based in Troy, Michigan, announced it has received a prestigious one-million-dollar Small Business Innovative Research (SBIR) grant from the Department of Education's Institute of Education Sciences.


Dutch-based LUMO Labs invests in edtech startup Metacampus to empower digital professionals
Published: 30-06-2022 | 14:38:16 | By: Pie Kamau
LUMO Fund II Coöperatieve U.A. and a group of international angel investors are investing €1.5 million in Metacampus, a Barcelona-based training platform built for the virtual economy, to empower digital professionals.


Live-streaming platform Elevate K-12 raises $40m Series C to address the growing national teacher shortage
Published: 20-06-2022 | 11:57:00 | By: Pie Kamau
Elevate K-12, provider of high-quality live-streaming instruction for US K-12 classrooms, has closed a $40 million Series C round of funding led by venture capital firm General Catalyst.


Tunisian edtech startup GOMYCODE raises $8m Series A funding to expand across Africa
Published: 14-06-2022 | 13:01:00 | By: Pie Kamau
Tunisian edtech startup GOMYCODE, raised $8.85 million in series A funding, one of the highest African funding this quarter to expand across Africa.


Constant Ventures launches $100m venture capital fund to invest in tech startups across West Africa
Published: 07-06-2022 | 11:24:00 | By: Pie Kamau
Constant Ventures, a part of the Constant Group, is raising a $100 million venture capital fund to invest across a range of technology startups with a focus on financial inclusion, education and healthcare.


Nigerian edtech startup Afrilearn attracts UNICEF Innovation Fund
Published: 06-06-2022 | 12:58:00 | By: Pie Kamau
Nigerian edtech startup Afrilearn has emerged as the only Nigerian startup to join the latest cohort of the UNICEF Venture Fund.


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.


Salaries for startup CEOs break records, Kruze Consulting
Published: 11-05-2022 | 11:26:00 | By: Pie Kamau
Kruze Consulting, a CPA and finance consulting company for VC-backed startups, released new data on the average salary for startup CEOs.


Swiss edtech startup Alphacruncher raises €1.45m for global rollout of research cloud workspace product
Published: 16-03-2022 | 13:36:00 | By: Pie Kamau
Swiss edtech startup Alphacruncher has raised €1.45 million funding from Austrian venture capital firm Alpine Equity, NGM, private investors and existing users, to enable the global rollout of its education and research cloud workspace product, Nuvolos.


15 startups selected for Google for Startups Accelerator Africa Class 7
Published: 15-03-2022 | 09:14:00 | By: Pie Kamau
Google has announced the 15 African startups that have been selected for its Startups Accelerator Africa Class 7 programme. The startups are developing solutions in areas such as healthcare, education, fleet management, logistics automation and recruiting.


Edtech startup Tutored by Teachers raises over $10m to bolster America's K-12 schools, close the opportunity gap for high-need students
Published: 25-02-2022 | 12:41:00 | By: Pie Kamau
EdTech startup Tutored by Teachers (TbT) announce it has raised over $10 million in Series A funding, led by GSV Ventures, to expand its teacher community.


Dutch edtech startup Winc Academy raises $3m to train 20,000 IT professionals in Europe
Published: 17-01-2022 | 15:00:00 | By: Pie Kamau
Winc Academy announced a $3 million funding round led by Rubio Impact Ventures and Dutch Founders Fund to increase the steep growth of its education platform.


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


Fort Ross Ventures announces first closing of $200m late-stage fund
Published: 18-11-2021 | 09:31:00 | By: Pie Kamau
Fort Ross Ventures, an international venture-capital firm focused on startups in the U.S. and Israel, announced the $100 million first closing of its late-stage fund.


South Korea-based Edtech startup Mathpresso secures strategic investment from Google
Published: 10-11-2021 | 14:39:55 | By: Bob Koigi
South Korea-based edtech startup Mathpresso has announced that it has received an investment from Google.


Private equity firm Evegreen acquires majority stake in edutech startup DreamBox Learning
Published: 10-11-2021 | 14:29:16 | By: Bob Koigi
TPG’s The Rise Fund will retain a significant minority stake and continue to be represented on the company’s Board of Directors.


Indian e-Commerce startup LoveLocal raises $18m Pre-Series B investment round to accelerate growth
Published: 29-10-2021 | 16:33:00 | By: Pie Kamau
LoveLocal, India's hyper-local e-Commerce platform empowering local retailers, has raised $18 million in a Pre-Series B investment round.


Fintech startup Able raises $3.2m seed round to power the new creator economy
Published: 29-10-2021 | 16:21:00 | By: Pie Kamau
Able, the first income management platform designed for the new economy of independent workers has raised $3.29 million in seed funding led by Elefund with additional backing from Moonshots Capital.


P&G Ventures invites entries for its next Innovation Challenge
Published: 29-10-2021 | 16:05:09 | By: Pie Kamau
P&G Ventures, the early-stage startup studio within Procter & Gamble, announced the call for entries for its next Innovation Challenge.


Chinese SEI Robotics partners with Silicon Valley's Medtrics to bring telemedicine service to Android TV
Published: 29-10-2021 | 15:44:00 | By: Pie Kamau
SEI Robotics, a global innovator of smart IOT devices & provider of Android TV platforms for Pay-TV operators (MVPD), announced its strategic partnership with Medtrics, the Silicon Valley startup, player of digital health service.


Spiceware startup selected as finalist of UK's Trade's Global Fintech Competition
Published: 29-10-2021 | 15:20:55 | By: Pie Kamau
Spiceware, a cloud-based data security company and a member of Born2Global Centre, was selected as the "Joint Winner" at the Global Fintech Competition 2021 hosted by the British Ministry of International Trade (DIT).


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


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.


JICA kicks off 2nd Cohort of its NINJA Accelerator in Kenya
Published: 28-10-2021 | 16:35:00 | By: Pie Kamau
The NINJA Accelerator in Kenya, powered by Japan International Cooperation Agency (JICA) in partnership with Double Feather Partners, Deloitte Tohmatsu and Kenyan implementation partner GrowthAfrica, is kicking off its 2nd cohort with five tech-enabled Kenyan startups.


Biotech startup Shiru closes $17m Series A to develop novel plant-based food ingredients
Published: 28-10-2021 | 09:32:00 | By: Pie Kamau
Shiru, a biotech startup that identifies and creates novel plant-based ingredients for the global food industry, closed a $17 million Series A round led by S2G Ventures and joined by returning investors Lux Capital, CPT Capital, Y Combinator, and Emles Venture Partners.


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


Abacus.AI startup raises $50m Series C funding, releases Computer Vision as a Service
Published: 28-10-2021 | 09:05:00 | By: Pie Kamau
Abacus.AI startup announced $50 million Series C funding from Tiger Global, Coatue, Index Ventures, and Alkeon. As part of this release, the company also announced support for Computer Vision use-cases.


London-based scale-up Wazoku acquires Colombian open innovation crowd Channge
Published: 28-10-2021 | 08:37:03 | By: Pie Kamau
London-based Innovation scale-up Wazoku has continued its global expansion and extended its reach into Latin America with the acquisition of Colombian open innovation crowd Channge.


Female-founded winery startup BOXT raises $9.35m to expand luxury brand of fine wine offerings
Published: 28-10-2021 | 08:13:00 | By: Pie Kamau
BOXT, the female-founded, direct-to-consumer winery, announced it has raised $9.35 million in equity and debt funding to drive the continued expansion of its luxury brand of fine wine offerings.


JAY-Z's VC firm Marcy Venture Partners invests in Iddris Sandu's impact-driven tech incubator, spatial LABS
Published: 26-10-2021 | 11:43:00 | By: Pie Kamau
JAY-Z's venture capital firm Marcy Venture Partners (MVP) has invested in 24 year-old technologist Iddris Sandu's impact-driven tech incubator: spatial LABS (sLABS).


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.


Asymmetric Capital Partners launches $105m debut fund to invest in B2B startups
Published: 26-10-2021 | 10:50:00 | By: Pie Kamau
Asymmetric Capital Partners (Asymmetric), a new venture capital firm helmed by Rob Biederman, Co-founder, Chairman, and former co-CEO of Catalant Technologies, announced the close of its oversubscribed first fund at $105 million.


Seed-stage VC firm Cove Fund announces $30m third venture fund to invest in Southern California ecosystem
Published: 26-10-2021 | 09:28:00 | By: Pie Kamau
Cove Fund, a seed-stage venture capital firm that invests in the Southern California startup economy, announced the launch of its third fund, Cove Fund III.


Indian education infrastructure startup Teachmint raises $78m Series B round to accelerate growth
Published: 26-10-2021 | 07:48:00 | By: Pie Kamau
Teachmint, the education infrastructure startup and the creator of India's largest teaching platform, raised $78 million in Series B round led by Rocketship.vc and Vulcan Capital.


Pan-African fintech startup Payday joins Techstars Toronto Accelerator program
Published: 22-10-2021 | 14:34:00 | By: Pie Kamau
Payday, a Pan-African fintech startup announced it has joined Techstars Toronto Accelerator program.


Israeli mobile app startup Bites raises $5m seed funding for next-gen employee-communications and training application
Published: 22-10-2021 | 14:17:00 | By: Pie Kamau
Bites, a game-changing player in the employee communications and training industry, announced the completion of its seed funding round, raising $5 million.


SaaS startup ProfitWheel secures $3m investment
Published: 22-10-2021 | 14:00:00 | By: Pie Kamau
Following close on the heels of its US operations launch in September 2021, SaaS startup ProfitWheel announced securing a total capital raise of $3 million.


Healthtech startup Medicardia closes $3m post seed round to accelerate growth
Published: 22-10-2021 | 13:35:00 | By: Pie Kamau
Medicardia Health announced it has raised $3 million in its first major financing round. Founded in 2020, the company was initially bootstrapped by CEO and Founder Indrajit Choudhuri and associates, and was provided seed capital by angel investor Jeff Rusinow.


Basel-based DayOne Accelerator launches call for digital health startups
Published: 22-10-2021 | 13:19:00 | By: Pie Kamau
DayOne, the healthcare innovation initiative based in Switzerland, announced the extended deadline for the global call for its digital health accelerator to Friday, 5 November 2021.


MFS Africa signs agreement to acquire Nigerian fintech startup Baxi
Published: 22-10-2021 | 13:05:27 | By: Pie Kamau
Pan-African digital payments hub MFS Africa signed an agreement to acquire Baxi, one of Nigeria's super-agent networks. The deal, which is subject to approval from the Central Bank of Nigeria, will be the second highest fintech acquisition in Nigeria to date.


Nigerian fintech startup Brass secures $1.7m financing round
Published: 22-10-2021 | 12:57:00 | By: Pie Kamau
Brass, a Nigerian digital bank delivering easy access to affordable premium banking services for SMEs, secured $1.7 million in funding to address the heavily underserved banking needs of local entrepreneurs, traders, and fast-growing businesses.


London-based AI startup Humanising Autonomy raises $11m Series A funding to change how machines understand people globally
Published: 21-10-2021 | 14:10:00 | By: Pie Kamau
Humanising Autonomy, a behaviour AI company using modular, low-power computer vision technology to ethically understand and predict human behaviour raised an $11 million Series A funding round.


South Korean startup Humelo receives $2.6m pre-series A funding for AI voice synthesis solution
Published: 21-10-2021 | 13:42:00 | By: Pie Kamau
Humelo, a South Korean startup that specializes in AI-based voice synthesis solutions and a member of Born2Global Centre, recently received a pre-series A investment of $2.6 million (KRW 3 billion) from KT Investment and Kakao Investment.


Texas-based fintech startup CollateralEdge emerges from stealth with an oversubscribed $3.5m seed round
Published: 21-10-2021 | 13:24:00 | By: Pie Kamau
CollateralEdge, a Texas-based fintech company providing banks with a risk-mitigation tool to efficiently increase lending capacity without compromising credit quality, emerges from stealth mode with an oversubscribed $3.5 million seed round.


North Carolina's SAS and Pappas Capital partner to propel agritech startups with analytics
Published: 21-10-2021 | 13:04:00 | By: Pie Kamau
Two North Carolina companies, analytics leader SAS and venture investment firm Pappas Capital, are joining forces to help advance the state as a global leader in agricultural technology.


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


Slovenian healthtech startup MESI selected to join Google for Startups Accelerator, Europe
Published: 20-10-2021 | 15:57:00 | By: Pie Kamau
Slovenian healthtech startup MESI has been selected to join the Google for Startups Accelerator, Europe. The current three-month Google Accelerator programme brings together 15 of the most promising European tech startups in healthcare and well-being.


Tech-enabled PR startup Press Hook secures $1.5m funding to accelerate growth
Published: 20-10-2021 | 15:40:00 | By: Pie Kamau
Press Hook, a Brooklyn based, tech-enabled, public relations platform, announced $1.5 million in venture-funding after a successful year of growth, led by Emergent Ventures, The Fund and TnT Ventures.


Subscription Management startup Chargebee partners with Worldline to improve customer engagement and retention
Published: 20-10-2021 | 15:28:51 | By: Pie Kamau
Worldline and Chargebee announced collaboration to provide an end-to-end payment, subscription and revenue operations solution for merchants operating in a subscription model.


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.


Israeli deep learning development startup Deci raises $21m to accelerate commercial growth
Published: 20-10-2021 | 15:03:00 | By: Pie Kamau
Deci, the deep learning development company that helps enterprises build, optimize, and deploy AI to production, announced it has raised a $21 million Series A round led by New York-based global private equity and venture capital firm Insight Partners.


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


Israeli bio-convergence startup X-trodes completes $4.5m seed round to improve quality of life, reduce hospital workload
Published: 19-10-2021 | 09:24:00 | By: Pie Kamau
X-trodes, a bio-convergence company that developed wearable technology for advanced electrophysiological measurement and analytics, has raised a $4.5 million seed round to improve the quality of life and reduce hospital workload


Indian edtech startup ConveGenius raises $5m pre Series A funding to accelerate growth
Published: 19-10-2021 | 09:04:00 | By: Pie Kamau
Indian edtech startup ConveGenius AI has raised $5 million in Venture Capital funding to grow its conversational AI platform in India and South-East Asian markets.


Berlin-based on-demand delivery startup Gorillas secures close to $1b Series C funding, the largest European round in its sector to date
Published: 19-10-2021 | 08:45:00 | By: Pie Kamau
Gorillas, the European market player in instant on-demand grocery delivery, has successfully raised close to $1 billion in Series C funding round, being the largest funding of a non-listed business Europe's grocery delivery sector has seen to date.


Nigerian e-Commerce startup Sendbox raises $1.8m to digitize deliveries for African SMEs
Published: 19-10-2021 | 08:01:00 | By: Pie Kamau
Nigerian e-Commerce fulfillment startup Sendbox announced the completion of $1.8 million seed round from investors including 4DX Ventures, Enza Capital, FJLabs and Golden Palm Investments.


Google selects nine Kenyan startups to receive equity-free funding via its Africa Investment Fund
Published: 19-10-2021 | 07:40:00 | By: Pie Kamau
During its very first “Google for Africa” event held early this month, Google announced it will be investing up to $50 million in African early- and growth-stage startups via its Africa Investment Fund.


Paris-based music experience startup Stage11 raises €5m seed round to reimagine music for the metaverse
Published: 15-10-2021 | 12:29:00 | By: Pie Kamau
Immersive music experience startup Stage11 announced it has raised a €5 million euro seed round led by Otium Capital, a European venture capital fund, backed up by founder and CEO, Jonathan Belolo.


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.


Insurance startup Branch partners with SimpliSafe to offer proactive protection, affordable home ssecurity to its members
Published: 15-10-2021 | 11:43:00 | By: Pie Kamau
Branch, the startup that pioneered instantly-bundled home and auto insurance, announced a partnership with SimpliSafe, maker of security systems, to offer its members significant discounts on their home insurance.


Global early-stage venture capital firm Antler raises over $300m, expands investment focus to Series C
Published: 15-10-2021 | 11:16:00 | By: Pie Kamau
Global early-stage venture capital firm Antler announced it has closed over $300m to date, allowing it an opportunity to provide continued support to its companies in subsequent funding rounds.


Google to invest $50m equity-based fund in African startups
Published: 15-10-2021 | 10:57:00 | By: Pie Kamau
Tech giant Google announced it plans to invest up to $50 million in African early- and growth-stage startups via its Africa Investment Fund.


Pan-African fintech startup Carbon partners with Network International to boost digital payment offering
Published: 15-10-2021 | 10:46:07 | By: Pie Kamau
Pan-African fintech startup and digital bank Carbon Bank has partnered with Network International, an enabler of digital commerce across Africa and the Middle East, as part of its plan to boost its digital payment offering.


African fintech startup Payday raises $1m pre-seed to build Africa’s PayPal
Published: 15-10-2021 | 10:38:00 | By: Pie Kamau
Payday, a Pan-African financial technology company has raised one million dollars to build out what they believe will be the “PayPal” for Africa.


[Startup Interview] Femi Apesin, OnePipe Growth & Marketing Lead, Nigeria
Published: 08-10-2021 | 14:07:00 | By: Pie Kamau
Femi Apesin is the Head of Growth and Marketing at OnePipe, a Nigerian startup that has raised almost US$1 million in a pre-seed round with a plan to make API integration seamless for banks and fintech companies.


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.


Singapore gaming startup OP Games raises $8.6m to bridge game developers to Web 3.0
Published: 08-10-2021 | 13:16:00 | By: Pie Kamau
OP Games, a startup that enables game developers to monetize their work using Web 3.0, raised $8.6 million of seed funding.


APX Platform announces oversubscribed seed round investments by 20% within 60 days
Published: 08-10-2021 | 13:06:00 | By: Pie Kamau
APX Platform, the aesthetic industry's only cloud-based, business intelligence, training, educational and data analytics platform for aesthetic practices, has oversubscribed its seed round investments by 20 percent within 60 days.


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.


MXP Ventures announces $10m venture capital fund to propel next-gen of agency startups
Published: 07-10-2021 | 13:43:00 | By: Pie Kamau
Global incubator MXP Ventures announced the establishment of a $10 million venture fund to invest in new agency startups globally. The fund will focus on building and rapidly scaling new agencies across the marketing services spectrum.


French real-time engagement startup Sparkup expands in the Middle East
Published: 07-10-2021 | 12:59:47 | By: Pie Kamau
Sparkup, a French startup specializing in real-time engagement solutions, has chosen to expand in the Middle East and will introduce its latest innovations at GITEX and CABSAT in Dubai.


South Korean startup Aniai to participate in Microsoft for Startups Global Grand Final program
Published: 07-10-2021 | 12:25:31 | By: Pie Kamau
Korean startup Aniai, a member of Born2Global Centre, got selected as one of the 10 companies that will participate in Microsoft for Startups. Aniai has developed a labor solution for quick service restaurants by building a robotic kitchen.


Start-Up Nation Central signs MoU with TiE to boost technological innovation of Israeli and Indian startups
Published: 07-10-2021 | 11:40:00 | By: Pie Kamau
Israeli not-for-profit Start-Up Nation Central signed a Memorandum of Understanding with TiE to achieve full implementation of sustainable Israeli and Indian technologies in the foodtech sector.


Westchester Angels announces first exit opportunity, parlays early fintech investment into major win
Published: 06-10-2021 | 14:46:00 | By: Pie Kamau
Investment group Westchester Angels announced its first exit opportunity, providing significant returns to a group of local investors and highlighting their intuition for spotting growth opportunities.


PHYTunes startup closes $1.5m seed round to develop solution for full 5G inside residential, commercial buildings
Published: 06-10-2021 | 14:32:00 | By: Pie Kamau
PHYTunes, a player in 5G at the Edge and wireless-wireline convergence, announced it has close its seed round of $1.5 million with investors Deutsche Telekom´s hub:raum.


Rendered.ai startup raises $6m to expand developer framework for synthetic data
Published: 06-10-2021 | 14:14:00 | By: Pie Kamau
Rendered.ai announced the closing of a $6 million seed round to expand staffing and operations to scale up the Rendered.ai Platform as a Service that supports data scientists, engineers, and business innovators.


Dalan Animal Health startup raises $1.9m seed funding for development of a breakthrough honeybee vaccine
Published: 06-10-2021 | 14:03:00 | By: Pie Kamau
Dalan Animal Health, Inc., a biotech company developing vaccines for new age production animals, announced it has closed funding for a $1.9 million seed round.


Japanese startup Autify raises $10m Series A to advance software testing automation through no-code solution
Published: 06-10-2021 | 13:29:00 | By: Pie Kamau
Autify, a no-code AI-powered software testing automation platform, announced today that it has raised $10 million in Series A funding. Leading the round is World Innovation Lab (WiL).


Hopscotch emerges out of stealth with $3.6m seed funding
Published: 05-10-2021 | 16:52:00 | By: Pie Kamau
Hopscotch, the platform bringing a consumer-like experience to B2B payments, today announced its emergence from stealth with $3.6 million in seed funding led by NOEMIS Ventures and Stellation Capital.


Chargebee startup adds revenue recognition capabilities to solve complex finance challenges for SaaS, subscription-based businesses
Published: 05-10-2021 | 16:40:00 | By: Pie Kamau
Subscription Management startup Chargebee announced its acquisition of revenue recognition platform RevLock to expand the company's product offerings.


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


Insurtech startup VOOM raises $15m to provide usage-based insurance to underserved mobility segments
Published: 05-10-2021 | 16:17:00 | By: Pie Kamau
VOOM, creators of innovative insurance products for underserved mobility segments, announced $15 million in funding to expand its usage-based insurance model to additional mobility verticals.


Global Alts launches Unicorn Technology Fund II to provide investors access to private companies, create technological innovations for the future
Published: 01-10-2021 | 12:07:00 | By: Pie Kamau
Global Alts announced the launch of Unicorn Technology Fund II, to acquire a portfolio of late stage, venture-backed technology companies.


Frame Fitness startup raises $5m seed round to launch at-home digitally-connected pilates reformer
Published: 01-10-2021 | 11:44:00 | By: Pie Kamau
Frame Fitness was met with immediate interest from pioneers in the fitness industry and closed a $5 million seed financing round with substantial oversubscription, to launch first at-home digitally-connected pilates reformer.


UK-based music distribution startup Blarecast Systems closes seed round to harness the power of BSV blockchain
Published: 01-10-2021 | 11:20:00 | By: Pie Kamau
Blarecast Systems, the UK-based startup aiming to provide an elegant and equitable solution for the music industry with BSV blockchain technology, has closed a seed funding round.


German constructiontech startup Schüttflix raises $50m in additional financing, prepares to go international
Published: 01-10-2021 | 10:59:00 | By: Pie Kamau
After delivering more than 100,000 shipments in Germany, constructiontech startup Schüttflix announced it has raised $50 million of additional capital.


Silicon Valley-based VC firm BGV raises $110m to focus on Enterprise AI and cross-border investments
Published: 01-10-2021 | 10:45:00 | By: Pie Kamau
Silicon Valley-based venture capital (VC) firm Benhamou Global Ventures (BGV), which invests in Enterprise 4.0 companies globally, announced its fourth fund, closing at $110 million, 60% larger than its third fund.


FedTech leverages Converge, a startup studio event to expand access to deep tech
Published: 25-08-2021 | 13:11:17 | By: Bob Koigi
The Department of Homeland Security (DHS) Science & Technology Directorate (S&T) is partnering with FedTech to provide equal and inclusive access to government and university-sourced next-gen deep technologies for entrepreneurs with diverse backgrounds.


LearnWorlds secures $32m in growth funding to help educators create and sell online courses
Published: 16-07-2021 | 14:32:00 | By: Pie Kamau
LearnWorlds, an all-in-one platform for creating and selling online courses, has secured a $32 million minority investment by global venture capital and private equity firm Insight Partners.


Seoul-based edtech startup Mathpresso secures $50 million in Series C funding
Published: 02-07-2021 | 13:51:00 | By: Pie Kamau
Seoul-based edtech startup Mathpresso announced it has raised $50 million in a Series C funding round last week, bringing the company's total funding to $105 million.


GG4L acquires edtech startup Stackup
Published: 24-06-2021 | 13:31:00 | By: Pie Kamau
Global Grid for Learning (GG4L), announced the acquisition of Stackup, an edtech startup with a focus on learning outcomes in K-12 education.


Venture capital firm TampaBay.Ventures launches $20m seed fund to support regional tech startups
Published: 12-05-2021 | 11:19:00 | By: Pie Kamau
New venture capital firm TampaBay.Ventures, has launched its first $20 million seed fund in order to support the growing tech scene in the Tampa Bay region.


Dutch impact investment firm Goodwell Investments launches €50 million fund to support African SMEs
Published: 30-04-2021 | 13:04:00 | By: Bob Koigi
Goodwell V will build a new portfolio of companies across various sectors in Africa: at least a third will be invested in financial inclusion, a quarter in agriculture, and the remainder in mobility and other impact sectors such as education and healthcare.


Ericsson launches Graduate Programme in Kenya
Published: 20-04-2021 | 10:47:30 | By: Bob Koigi
The programme aims to grow the technical skills of the graduates, training them on the Ericsson technology, solutions and, delivery and providing them with an understanding of Ericsson’s processes, methods and tools.


Twenty-two startups join second cohort of UNICEF StartUp Lab in Ghana
Published: 20-04-2021 | 10:41:00 | By: Pie Kamau
UNICEF announced the launch of the 2021 cohort of the UNICEF StartUp Lab, a co-creation space and accelerator, that engages young startups in the development of innovative, open-source, market-driven products and solutions.


EdCraft startup raises $1m pre-seed round to expand its edtech platform in the U.S.
Published: 14-04-2021 | 10:52:00 | By: Pie Kamau
EdCraft, an early education platform launched by former McKinsey executives, raised $1 million from a group of Silicon Valley based angels. The startup aims to equip its students, aged 6-13, with essential 21st-century skills.


Cincinnati startups Abre and Pay Theory partner to transform education
Published: 13-04-2021 | 15:25:00 | By: Pie Kamau
Abre.io (Abre), and Pay Theory announced their partnership to help them better achieve their shared mission of breaking down socioeconomic and technical barriers to education.


SchooLinks startup lands $8.3m Series A for college, career success for diverse student population
Published: 18-03-2021 | 12:49:00 | By: Pie Kamau
SchooLinks, an Austin, TX startup founded by Forbes 30 under 30 entrepreneur Katie Fang to democratize access to modern career and college planning resources for the broader student population, raised an $8.3m Series A funding.


African Edtech startup Kabakoo receives funding from Zoom, launches first no-code training in Africa
Published: 17-03-2021 | 14:17:00 | By: Pie Kamau
Committed to democratizing access to tech education for the African youths, Kabakoo has launched the first no-code training in West Africa for a batch of twenty learners at its Bamako campus.


Edtech startup Quizizz raises $12.5m in Series A to empower teachers around the world
Published: 09-03-2021 | 13:51:00 | By: Pie Kamau
Quizizz, an edtech startup with a presence in India and the U.S., announced a $12.5 million Series A funding round led by Eight Roads Ventures with participation from GSV Ventures, Rocketship VC and existing investors Nexus Venture Partners.


Union Bank of Nigeria to support startups through UnionX Innovation Challenge
Published: 26-02-2021 | 15:09:00 | By: Pie Kamau
Union Bank, one of Nigeria’s foremost financial institutions, has unveiled the 2021 UnionX Innovation Challenge, as part of efforts to support young startups and boost innovation in the startup ecosystem.


Blockchain startup Vaionex Corporation completes seed funding round with Two Hop Ventures
Published: 17-02-2021 | 13:55:00 | By: Pie Kamau
Vaionex Corporation, a blockchain startup founded by students from the University of Cambridge, announced it has completed a seed funding round with Two Hop Ventures, a Dutch venture capital firm focused exclusively on investing in Bitcoin SV startup.


Canadian edtech startup Wize raises $3m to enhance online learning experience
Published: 29-01-2021 | 13:54:00 | By: Pie Kamau
Wize, a fast-growing online education platform that delivers course-specific video tutorials and exam-like practice problems for high school, college, and university students across North America, announced it has raised $3 million in funding.


University of Chicago’s Polsky Center launches tech accelerator programme for early-stage startups
Published: 20-01-2021 | 12:39:54 | By: Bob Koigi
The Polsky Center for Entrepreneurship and Innovation at the University of Chicago has launched the Compass, a first-of-its-kind deep tech accelerator program for early-stage startups.


Edtech startup Sketchy announces Andrew Sugerman as President
Published: 22-12-2020 | 13:44:00 | By: Bob Koigi
Sketchy, an online education company that teaches complex concepts through visual memory techniques has named seasoned media executive, Andrew Sugerman, as President.


[Startup Interview] James Adebisi, Founder, Xpora Academy, Nigeria
Published: 15-12-2020 | 09:41:00 | By: Bob Koigi
Xpora Academy is a Nigeria-based e-learning platform that equips the youth with in-demand digital skills relevant to the present and future of work.


Zimbabwe startup Phenomenon Technologies partners with MEL Science for applied learning solutions in Africa
Published: 26-11-2020 | 13:53:09 | By: Bob Koigi
Zimbabwean startup Phenomenon Technologies has partnered with global science kits giant MEL Science in a strategic move meant to enable applied science learning in Zimbabwe and Africa.


Tech startup Nestlings raises $1.5m to help international students through college application process
Published: 26-11-2020 | 10:52:00 | By: Pie Kamau
Nestlings, an online portal that guides international students through the process of applying to colleges in the US, Canada, and the UK, has raised $1.5 million in a Seed Round of funding from Candid Ventures.


SEED SPOT wins $300k EDA grant in partnership with Canyon Angels
Published: 26-11-2020 | 10:34:00 | By: Pie Kamau
SEED SPOT and Canyon Angels will train 180 angels to grow the robust investing community in Arizona and create more access to early-stage funding for entrepreneurs with a focus on EdTech, MedTech, and CleanTech.


Dutch non-profit start-up Spacebuzz awarded  four international Lovie Awards
Published: 19-11-2020 | 12:25:00 | By: Bob Koigi
ESA astronaut André Kuipers’ SpaceBuzz won four prizes during the 10th annual international Lovie Awards presentation: Two Jury Lovie Awards – Best Narrative experience and Virtual Reality – and two People’s Lovie Awards from public votes.


[Startup Interview] Almasi Ndangili, Founder, Imarisha East Africa Productions, Kenya
Published: 10-11-2020 | 11:57:00 | By: Bob Koigi
Almasi Ndangili is the founder of Imarisha East Africa Productions Ltd, a Kenya-based talent academy promoting education through edutainment. The startup has invested in TV Shows, event organization, book launches, talent development, TV Script writing, Africanized animations, digital publishing and branding.


Nigerian CcHUB acquires Kenyan edTech startup eLimu
Published: 04-11-2020 | 08:46:00 | By: Pie Kamau
Kenya’s technology Incubation and Accelerator space iHub owned by Co-creation Hub (CcHUB) has announced the acquisition of edtech startup and digital educational content provider eLimu.


Unacademy acquires exam prep startup Coursavy
Published: 25-09-2020 | 12:23:17 | By: Bob Koigi
India edtech company Unacademy has acquired Coursavy, a platform for Union Public Service, UPSC exams preparation.


Sanbox acquires UK education startup Teachit
Published: 09-09-2020 | 17:21:00 | By: Bob Koigi
Sandbox, an operating platform for digital educational products and services has announced that it has acquired Teachit, a UK-based teacher resource provider from education charity AQA.


Paris-based startup Klassroom raises $3m to expand from France to other countries including the U.S.
Published: 01-09-2020 | 17:00:00 | By: Pie Kamau
Klassroom, the Paris-based company that reinvents parent-teacher communication in pre-kindergarten and all elementary school grades, raised a $3 million seed round led by Bpifrance.


San Francisco edtech startup Springboard raises $31 million Series B funding
Published: 05-08-2020 | 15:42:00 | By: Pie Kamau
San Francisco edtech startup Springboard has raised $31 million in Series B funding led by Mark Sherman and Albert Bielinko from Telstra Ventures, Arrun Kapoor from SJF Ventures, and YB Choi from Vulcan Capital.