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EIB Global announces $30 million investment in Seedstars Africa Ventures I, a VC fund for African entrepreneurs
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
Mathpresso has raised $8m from Korea's telecom giant, KT.
Upskilling startup AlmaBetter partners with Woolf to deliver accredited degrees to online learners
AlmaBetter has partnered with Woolf.
CcHUB launches $15m accelerator for edtech startups in Kenya and Nigeria
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
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
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
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
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.
Danish blockchain startup Drivn enables users earn an income while saving the planet
Drivn, the brainchild of three Danish founders, aims to change the world's travel behavior towards a more sustainable future.
South Korean edtech startup Day 1 Company announces plans to Dive into US
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
TPG’s The Rise Fund will retain a significant minority stake and continue to be represented on the company’s Board of Directors.
Indian education infrastructure startup Teachmint raises $78m Series B round to accelerate growth
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.
Indian edtech startup ConveGenius raises $5m pre Series A funding to accelerate growth
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.
Google selects nine Kenyan startups to receive equity-free funding via its Africa Investment Fund
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.
Israeli startup Quantum Machines raises $50m to make quantum computers ubiquitous and disruptive across all industries
Tel Aviv based startup Quantum Machines, creator of the Quantum Orchestration Platform, announced it has secured $50 million in Series B funding to expand its growth into quantum cloud computing and drive its worldwide distribution.
FedTech leverages Converge, a startup studio event to expand access to deep tech
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
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
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
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
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
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
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
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.
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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.
Health and wellness hydration startup LARQ raises $10m series A funding for further expansion
LARQ, health and wellness hydration brand, announced a round closure of $10 million in Series A funding to continue its global expansion through 2021 and further develop as a 360-degree hydration brand.
Scrum Ventures launches Food Tech Studio - Bites!
Scrum Ventures announced the launch of Food Tech Studio - Bites!, a global community of stage-agnostic startups who share a common vision of solving key challenges plaguing food supply chain.
Alfa Bank, Plug and Play collaborate on innovation in Fintech
Along with 80 other financial institutions across the United States, Frankfurt, Amsterdam, Milan, Paris, Abu Dhabi, Shanghai, Singapore, and Tokyo, Alfa Bank will join Plug and Play's global ecosystem.
Copenhagen biotech startup Synklino raises seed round to develop breakthrough infection treatment for transplant patients
Synklino ApS, an emerging biotech company developing first-in-class breakthrough treatment to eliminate cytomegalovirus (CMV) infections in the transplant setting announced the successful closing of a seed financing.
Cannabis cultivation software startup Trym closes $3.1m seed round to accelerate growth
Trym, a pioneering cannabis cultivation software company announced the completion of its $3.1 million seed funding round of financing to accelerate growth.
Taiwanese healthtech startup iWEECARE extends $2.4m pre-series A financing to serve global demand for remote patient monitoring
iWEECARE, developer of world's smallest continuous temperature monitoring product, Temp Pal®, raised $2.4 million in extended pre-series A financing to serve global demand for remote patient monitoring.
Robotics solution startup Exotec raises $90m for international expansion of its warehouse automation technology
Exotec, a robotics solution for logistics and creator of the Skypod 3D warehouse robots, announced a $90 million financing round.
Cyber security startup Cerby announces $3.5m seed round to accelerate product development and hiring
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.
Swisscom, Ericsson and Qualcomm join forces to find world's most innovative 5G startups
Switzerland's telecommunications and IT company Swisscom is joining forces with Ericsson and Qualcomm CDMA Technologies GmbH to identify the world's most innovative startups and research teams working on 5G applications.
AltoIRA enables individuals invest in startups using IRAs
AltoIRA, a technology platform that simplifies and streamlines the process for investors to add alternative assets to their IRAs announced a new partnership with Republic, a leading investment platform for startups.
Cannon Quality announces new compliance essentials for startups program
Cannon Quality Group (CQG) announced a new medtech quality management program designed to help startups set the foundation for a quality management system (QMS) compliant to FDA QSR and ISO 13485 requirements.
Unacademy acquires exam prep startup Coursavy
India edtech company Unacademy has acquired Coursavy, a platform for Union Public Service, UPSC exams preparation.
Mastercard announces Fintech Express to empower Middle East and Africa fintechs to launch and expand rapidly
Mastercard has launched Fintech Express in the Middle East and Africa (MEA), a program designed to facilitate emerging fintechs’ launch and expansion.
EasySend raises $16m to enable insurance companies and financial institutions to build a no-code digital future
EasySend, the no-code AI-powered platform transforming manual processes into digital journeys, announced it has raised $16 million in funding following the completion of an $11 million Series A round led by Hanaco with participation from Intel Capital.
Insurtech startup cogniSure launches AI platform for commercial loss run automation with 9 pilot customers
The insurance industry spends a significant amount of manual effort, time and money analyzing PDF and Excel loss runs that are in nonstandard, carrier-specific, unstructured document formats.
Peterson Ventures announces $65m in fresh capital to invest in early stage consumer and SaaS startups
Peterson Ventures, a founder-first seed stage venture fund, announced that it has raised $65 million in fresh capital.
[Startup Interview] Myron Leskiv, CEO, Atama.AI, Netherlands
Atama A.I is a Netherlands startup that develops Artificial Intelligence-based trading algorithms for financial markets informed by years of research and development. It uses over 170 technical indicators and trained and back-tested millions of times to predict where the markets will go.
Neighbor attracts top tech talent to usher in new wave of growth for Silicon Slopes startup
Neighbor, the self-storage marketplace disruptor, has added three strategic hires to its executive team to fuel a new wave of growth for the Andreesesen Horowitz-funded startup, which has grown 5X in 2020.
Legendary Ventures invests in Elon Musk's SpaceX
Legendary Ventures announced an investment in Space Exploration Technologies Corp. (SpaceX) through its Series N funding round.
London-based startup TopTip plans to give half its shares to its users
London-based startup Useful Interruptions, owner of the TopTip recommendations app, announced the launch of its Founders Club programme that aims to give half the shares in the company to users of TopTip.
Finish startup ICEYE raises $87m to accelerate growth of its SAR satellite constellation
ICEYE, a SAR data provider, announced the closing of a larger than planned $87 million Series C funding, led by return investor True Ventures, with a significant additional investment by OTB Ventures.
Finch secures $1.8m to launch all-in-one checking and investing account for millennials
Finch, a New York based fintech startup that integrates the benefits of investing and the flexibility of checking into an all-in-one account has raised $1.8 million in seed funding to launch its platform and help transform how people manage their money.
Neurostimulation startup Salvia BioElectronics raises €26m to develop innovative therapy for chronic migraine
Salvia BioElectronics B.V., a neurostimulation platform company targeting chronic migraine, has raised €26 million in new financing from new and existing investors.
Amsterdam based startup Zeta Alpha launches AI platform to help experts navigate new research
Amsterdam based startup Zeta Alpha is launching AI Research Navigator, a new deep learning-based search platform, to help AI experts navigate new research.
[Startup Interview] Marthinus Coetzee, CEO, iPTT Africa, South Africa
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.
ARM launches API service for fintech startups in Nigeria
Nigeria's financial services provider ARM launched ARM Sandbox, a new and more efficient way for fintechs to scale their integration and customer acquisition plans.
Online sales program startup Virtanza closes $1m in private investment funding round
Sales2Job Academy, DBA Virtanza, an Orange County-based company that offers higher education a scalable sales training solution directly connected to employers, announced it has raised seed round funding totaling $1 million from private investors.
South Korean fntech startup WireBarley raises $10m Series B to strengthen global remittance service capabilities
South Korean fintech startup in global memittance WireBarley has raised $10 million in Series B funding from Magna Investment, Shinsegae I&C and Dt & Investment.
South Korean healthcare startup WellsCare signs in-store contract with b8ta for IASO
WellsCare, a member company of the Born2Global Centre, signed a store contract with b8ta, a famous American flagship store that is dedicated to innovative products.
Harvard-incubated startup MarqVision launches AI-powered platform to protect brands from counterfeits
MarqVision, an AI-based SaaS company, launched its brand protection platform that helps brands effortlessly detect and remove counterfeits on online marketplaces.
[Startup Interview] Jason Gras, Emile Fulcheri, Stima, Kenya
Stima is a Kenya-based startup that operates a smart service swap stations providing charging services to enable moto-taxi riders to switch to electric motorcycles.
German urban farming startup Infarm raises $170m to grow urban vertical farming network in the world
Infarm, German urban farming network announced $170 million investment raised in the first close of a Series C funding round expected to reach $200 million.
ZenSports closes additional $1.46m Seed funding for U.S. and international expansion
ZenSports, the mobile peer-to-peer sports betting marketplace announced a new $1.46 million Seed round of funding to expand into the United States, as well as to continue to grow its international presence.
Plug and Play selects 147 startups for its winter 2020 batches
Plug and Play announced the selection of 147 new startups into its winter 2020 batches. The startups were selected to join one of the following programs that will run through November 2020.
Imagine Impact closes Series A financing with Benchmark
Imagine Impact, the content accelerator and online marketplace startup founded by Academy Award-winning duo Brian Grazer and Ron Howard, announced the close of its Series A financing round led by Benchmark, a Silicon Valley Venture Capital firm.
Fintech startup KodyPay raises £1.8m to transform payments industry
London based fintech startup KodyPay, raised £1.8 million to transform the payments industry, allowing users to pay for goods in-store without queueing thereby making shopping a prompt and effortless process.
Cellular agriculture startup Wildtype launches salmon in sushi restaurants
Cellular agriculture startup Wildtype has unveiled its latest cell-based salmon. This version is "sushi-grade" and crafted with the sushi industry's favorite raw salmon applications in mind.
SEMrush acquires Poland's SaaS PR tech startup Prowly
SEMrush, an online visibility management and content marketing SaaS platform, has further expanded its ecosystem with the acquisition of a 100% stake in Poland's public relations SaaS startup Prowly.com.
Trust Payments partners with messaging and e-commerce startup Wakanda Messenger to empower Africans around the world
Trust Payments, the global unified payments group for global pay-in, pay-out and customer journey technologies, has partnered with social network, messaging and e-commerce startup Wakanda Messenger.
Hetz Ventures closes on $77m for oversubscribed second fund to invest in B2B enterprise tech
Hetz Ventures, a leading venture capital fund for early-stage investments, announced the close of its second flagship fund, oversubscribed at $77 million.
Flagstar Bank now accepting applications for MortgageTech Accelerator Program
Flagstar Bank and the Fintech Consortium are accepting applications for the Flagstar MortgageTech Accelerator Program now through Sept. 30.
Wix announces Wix Capital, internal venture arm to invest in global startups
Wix.com, the global leader in website creation, announced its own venture capital initiative, Wix Capital, to invest in technology innovators that are focused on the future of the web.
Nigerian e-commerce startup Kwik Delivery releases WooCommerce plugin, enabling 2-hour deliveries for online merchants
Nigerian e-commerce startup Kwik Delivery released a WooCommerce plugin, enabling thousands of Nigerian online merchants to integrate seamlessly its delivery service to their WordPress online stores.
Medical device startup Spine Align raises $1.75m Series Seed Round to reach FDA clearance
Spine Align, a medical device company developing a portfolio of products that enable spine surgeons to measure, visualize, and adjust patients' spinal alignment during surgery, closed a $1.75M Series Seed round.
Virtual reality startup Nanome partners with Fujitsu to bring drug design software to Japanese market
San Diego-based virtual reality (VR) startup Nanome, has entered into an agreement with Fujitsu to bring their signature product, an immersive scientific design and collaboration platform to the Japanese market.
Kenyan tech startup Xetova shortlisted for MIT 2020 health security & pandemics track
Kenyan technology startup, xetova, has been named 2020 Global Solve finalist by Massachusetts Institute of Technology (MIT) in the health security and pandemics track.
AI-based startup SafeRide expands into Germany to support, accelerate growing business in Europe
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.
IME Medical Electrospinning secures €3m financing from Dutch VCs to expand its Medispin XL production platform
IME Medical Electrospinning, a global leader in electrospun medical devices and regenerative medicine, announced it has successfully raised €3 million in equity financing and debt.
Danish drone startup QuadSAT raises €2m to accelerate product testing
QuadSAT, a Danish company that is revolutionising test and measurement of satellite antennas, announced it has closed a €2 million Pre-Series A Investment, the largest venture investment in a Danish drone tech company in history.
Spain's Banco Santander spins out fintech venture capital arm, doubles allocated funds to $400m
Banco Santander announced the launch of Mouro Capital, a new, autonomously managed venture capital fund focused on fintechs and adjacent businesses linked with the financial services industry.
Zurich-based turicode closes €2m seed investments round for growth plans
turicode, a successful Software-as-a-Service provider in the field of document processing solutions based on machine learning and deep learning raised €2 million seed investments to fund the company’s growth plans.
UK's curated audio platform for journalism Curio closes $9m Series A funding for international expansion
Curio, the premium audio platform with a curated library of expert journalism, closed a $9 million Series A round led by Earlybird. Draper Esprit, Cherry Ventures, and Horizons Ventures also took part in the investment.
Belgian startup InviteDesk raises €500K to expand its event marketing software
InviteDesk, developer of event marketing software, has increased its capital by more than €500 thousand. With InviteDesk, companies increase their return on investment (ROI) from event marketing.
Sanbox acquires UK education startup Teachit
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.
Belgian scale-up Oncomfort raises €10m in Series A funding
Oncomfort, the Belgian inventor of and leader in Digital SedationTM a method for relieving patients' pain and anxiety without medication announced the completion of a €10 million Series A funding round.
PopSQL raises $3.4m to help teams collaborate using data
PopSQL, the collaborative SQL editor for teams announced $3.4 million in seed funding, led by Gradient Ventures, Google's AI-focused venture fund.
Pcysys announces $25m Series B funding round led by Insight Partners
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.
SaaS Ventures announces launch of second fund, raises $20m in first close
SaaS Ventures, a Maryland-based venture capital firm focused on investing in early stage enterprise technology companies in secondary markets throughout the U.S. and Canada, has announced the launch of a second fund (Fund II).
Early investors in 4IR startups set to reap rewards
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.
Fintech startup Thunes raises $60m in Series B funding to accelerate global growth
Fintech startup Thunes, which operates a global B2B cross-border payments network, continues to attract investment as emerging markets take off.
Smart consumer technology startup Dreame raises $14.6m in Series B+ funding
Dreame Technology (Dreame), a smart consumer technology company specializing in cordless vacuum cleaners, robot vacuum cleaners and mops, announced it raised $14.6 million in its Series B+ funding led by IDG Capital.
Paul Lamontagne steps down as CEO of FinDev Canada
Following close to three years as the first CEO of Findev Canada, Paul Lamontagne has announced that he is stepping down effective September 11, 2020.
Software development startup Zymr expands footprint in India, opens new development center in Bengaluru
Zymr, a full-stack cloud-native software development company headquartered in California announced the establishment of a third development center in Bengaluru, India, to respond to an increasing customer demand despite COVID slowdown.
SafeButler, Liberty Mutual partner to offer instant renters insurance
YCombinator funded startup SafeButler has partnered with Liberty Mutual, an insurance industry leader for over 100 years, to provide instant access to a comprehensive renters insurance plan at a very low rate.
StartUp Namibia launches Round 2 of COVID 19 Startup Grant
In order to support more startups and young enterprises, StartUp Namibia and its partners announced Round 2 of the COVID-19 Startup Grant, called “Startup Survival Grant”.
Demodesk raises $8m to scale world’s first intelligent online sales meeting software
Demodesk has raised $8 million in the latest Series A funding round, led by Balderton Capital with participation from Target Global, to scale the platform that has revolutionized screen-sharing for great customer conversation.
BorgWarner expands collaboration with startup ecosystem Plug and Play
BorgWarner announced its next venture with Plug and Play, a global innovation platform and accelerator ecosystem for startup companies, by becoming a partner of its newly planned incubator location in Detroit.
South Korean Doit5 launches advertising content service using web AR technology
Social marketing platform Doit5 announced the launch of an advertising service that uses content with web based AR technology.
e-commerce startup Pharmapacks closes $40m bridge round financing
Pharmapacks, a leading e-commerce enablement platform and retail seller for brands across major ecommerce marketplaces announced the closing of a $40 million bridge round financing.
West Africa's Miro Forestry raises $48 funding close led by CDC to combat climate crisis
CDC Group, the UK’s publicly owned impact investor announced a further $12 million commitment to Miro Forestry, a sustainable forestry and timber business with plantations in Ghana and Sierra Leone.
Fielding Norton joins advisory board of InsureTech startup Pricing Platform
Pricing Platform, an InsureTech startup that integrates Property & Casualty underwriting, pricing, and portfolio analytics in a cloud-based platform announced Fielding "Fid" Norton has joined as founding advisor and Chair of the advisory board.
Digital Horizon invests in Nigerian health startup Healthlane
Digital Horizon venture fund has invested in Y Combinator alumnus Healthlane, the startup focusing on modern, online consultations for local and remote patients, alongside traditional face-to-face public health services across Africa.
Chromologics raises €1.9m seed round to accelerate development of fermentation-derived next generation food colorants
Chromologics, which is developing innovative natural food colorants, announced it has raised €1.9 million in seed financing led by Novo Seeds and supported by Nordic FoodTech VC and Vækstfonden.
Paris-based startup Klassroom raises $3m to expand from France to other countries including the U.S.
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.
LimaCharlie receives $500K seed funding to accelerate growth of security infrastructure as a Service
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.
San Francisco edtech startup Springboard raises $31 million Series B funding
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.
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here