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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3753669 | Tags:

Aramco expands global venture capital programme with $4 billion funds injection
Published: 19-04-2024 | 17:13:42 | By: Bob Koigi
It will take Aramco's overall venture capital allocation to $7.5bn, which also includes the $500 million venture capital fund Wa'ed Ventures that focuses on the start-up ecosystem in the Kingdom of Saudi Arabia.












Fuel Me secures $18m Series A funding to redefine fuel procurement
Published: 22-03-2024 | 12:28:00 | By: Pie Kamau


























Circu Li-ion receives €8.5m seed funding to automate sustainable battery recycling
Published: 24-10-2023 | 10:30:00 | By: Pie Kamau
Circu Li-ion has announced the closing of a €8.5m seed financing round.


Estonian startup Bisly raises €3.6m for energy-saving building automation in EU
Published: 19-10-2023 | 14:44:00 | By: Pie Kamau
Bisly has closed a €3.6 million round of fundraising.


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


Finnish energy tech startup Capalo AI raises €500K to accelerate growth
Published: 13-10-2023 | 14:32:00 | By: Pie Kamau
Capalo AI has raised €500K funding to further develop its virtual power plant.


Bedrock Energy raises $8.5m to decarbonize commercial real estate with geothermal energy
Published: 13-10-2023 | 13:41:00 | By: Pie Kamau
Bedrock Energy has announced $8.5 million in seed capital.


LinkedIn names renewable power producer BrightNight as top U.S. startup
Published: 28-09-2023 | 14:57:00 | By: Pie Kamau
BrightNight has been named as top U.S. startup by LinkedIn.


Openvolt raises €1.5m to enable the next generation of energy applications
Published: 21-09-2023 | 13:25:00 | By: Pie Kamau
Openvolt has raised a pre-seed round of €1.5m led by Cavalry Ventures.


Swedish startup Novatron Fusion secures €5m seed funding to propel fusion energy innovation
Published: 06-09-2023 | 10:44:00 | By: Pie Kamau
Novatron Fusion announced the successful closure of its seed round, raising €5m.


Dutch-based EIT InnoEnergy secures over €140m to accelerate growth of its portfolio companies
Published: 06-09-2023 | 10:30:00 | By: Pie Kamau
EIT InnoEnergy has successfully completed its private placement round of over €140m.


Mitsui Sumitomo Insurance Venture Capital joins Israeli startup nT-Tao's Series A funding round
Published: 04-09-2023 | 14:00:00 | By: Pie Kamau
Mitsui Sumitomo Insurance Venture Capital has joined nT-Tao's Series A funding round.


Nodal Power raises $13m to build renewable energy power plants at landfills
Published: 24-08-2023 | 15:03:00 | By: Pie Kamau
Nodal Power has raised a $13m to mitigate methane emissions at landfills.


Heat battery maker Rondo Energy secures $60m to speed industrial decarbonization
Published: 17-08-2023 | 14:22:00 | By: Pie Kamau
Rondo Energy has raised $60 million in new financing.


From catwalks to urban planning: Milan's sustainable city transformation, Plug and Play
Published: 16-08-2023 | 11:26:00 | By: Pie Kamau
Milan is a city known for its vibrant fashion and cultural scene.


Berlin-based startup NeXtWind secures $750m to build sustainable energy market in Germany
Published: 14-08-2023 | 15:11:00 | By: Pie Kamau
NeXtWind has completed $750m second financing round.


Proptech AI startup Zenerate partners with SoLa Impact to automate affordable housing developments
Published: 14-08-2023 | 14:12:00 | By: Pie Kamau
Zenerate has partnered with SoLa Impact.


Treehouse secures $10m to bring EV chargers into homes
Published: 10-08-2023 | 16:35:00 | By: Pie Kamau
Treehouse, an electrification company that delivers turnkey installations for home EV charging, announced $10m in funding.


6 industries that chemical recycling is poised to disrupt, Plug and Play
Published: 09-08-2023 | 13:19:00 | By: Pie Kamau
Chemical recycling is a process in which waste materials are broken down into their original chemical compounds.


ev.energy secures $33m funding to drive electric vehicle-grid integration in North America and Europe
Published: 28-07-2023 | 09:14:00 | By: Pie Kamau
ev.energy announced its $33m Series B raise.


NEU Battery Materials concludes $3.7m seed funding round
Published: 05-07-2023 | 15:24:00 | By: Pie Kamau
NEU Battery Materials, a Singapore-based lithium-ion battery recycling startup, has raised $3.7m seed funding round.


Italy’s Planckian closes €2.7m pre-seed round to develop quantum batteries
Published: 27-06-2023 | 18:36:00 | By: Pie Kamau
Planckian has raised over €2.7 million in pre-seed funding round led by Eureka! Venture.


Focused Energy startup raises $82m funding to advance laser-based nuclear fusion
Published: 26-06-2023 | 11:57:00 | By: Pie Kamau
Focused Energy raised $11m in Series A funding, bringing its total funding to $82m.


UK renewable energy startup tem. raises £2.5m to transform the broken energy market
Published: 13-06-2023 | 10:59:00 | By: Pie Kamau
tem., the UK-based renewable energy startup, has secured £2.5m funding round.


Plug and Play, Suncor partner to accelerate sustainable energy, digital transformation
Published: 01-06-2023 | 11:01:00 | By: Pie Kamau
Plug and Play has announced a new relationship with Suncor.


46VC invests in Exum Instruments' Series A funding round
Published: 31-05-2023 | 11:08:00 | By: Pie Kamau
FortySix Venture Capital (46VC), announced its strategic investment in Exum Instruments' Series A funding round.


Plenitude, Energica partner to provide innovative solutions for electric mobility
Published: 31-05-2023 | 10:19:00 | By: Pie Kamau
Plenitude (Eni) and Energica have partnered to develop new cutting-edge projects.


Swedish sodium-ion battery developer Altris secures €4.8m funding, appoints new CEO and CFO
Published: 02-05-2023 | 12:17:00 | By: Pie Kamau
Altris, the Swedish sodium-ion battery developer, has secured €4.8 million of bridge financing from its current owners and appointed Björn Mårlid as its new CEO and Christer Bergquist as new CFO.


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


Factor[e] Ventures launches a new venture studio to transform the African startup ecosystem
Published: 23-03-2023 | 12:08:01 | By: Bob Koigi
Delta40 focuses on technology-driven energy, agriculture, and mobility ventures led by diverse, experienced founders.


[Column] Shabir Ahmed: Practical approach, clear business case needed for sustainability success
Published: 07-03-2023 | 13:22:00 | By: Pie Kamau
A growing wealth of evidence shows that sustainability has become a mainstream business and societal issue. Leading companies are embracing sustainability not only to reduce harmful practices but also to accelerate business transformation.


Battery startup NanoGraf raises $65m Series B to scale North American production of silicon anode products
Published: 15-02-2023 | 12:22:00 | By: Pie Kamau
NanoGraf, an advanced battery materials company and enabler of the world’s most energy-dense lithium-ion 18650 cell, announced it has raised $65 million in an oversubscribed Series B funding round.


French hydrogen startup HySiLabs raises €13m Series A funding to accelerate growth
Published: 02-02-2023 | 13:16:00 | By: Pie Kamau
HySiLabs, the novel hydrogen transport and storage technology developer, announced €13 million Series A financing led by Equinor Ventures, and joined by the European Innovation Council Fund, EDP Ventures and PLD Automobile.


Deep-tech startup KrossLinker develops cost-effective aerogel insulation to accelerate energy efficiency adoption
Published: 02-02-2023 | 12:08:00 | By: Pie Kamau
KrossLinker, an energy-efficiency-focused deep-tech advanced material startup, is designing and developing the world's most insulating nanomaterial, aerogel, that is low-cost, environmentally friendly, and scalable.


Battery recycling startup Redivivus receives funding from ENEOS Innovation Partners to accelerate growth
Published: 27-01-2023 | 11:21:00 | By: Pie Kamau
Redivivus, a lithium-ion battery recycling startup, announced an investment from ENEOS Innovation Partners, a corporate venture capital firm committed to delivering new energy, materials, and services.


Sustainable mobility startup eWAKA receives 500K CHF loan to accelerate growth
Published: 27-01-2023 | 10:54:00 | By: Pie Kamau
eWAKA, one of Africa’s most promising sustainable mobility startups, has received strategic support from the State Secretariat for Economic Affairs (SECO) Start-up Fund of the Swiss Confederation.


Swedish solar power startup SunRoof raises €13.5m growth round to expand across Europe and the US
Published: 19-01-2023 | 11:55:00 | By: Pie Kamau
Swedish solar power startup SunRoof announced it has raised €13.5 million growth round extension to bring its pioneering solar roof system to more homeowners worldwide.


Beijing-based Astro-E closes seed round financing to accelerate growth
Published: 16-01-2023 | 11:35:00 | By: Pie Kamau
Astro-Energy Technology (Astro-E), a Chinese provider of household new energy products and systems, raised an undisclosed amount in Seed funding led by CAS Venture Capital, followed by Asia Green Fund (AGF) and Ningbo Angel Capital Guiding Fund.


The Carbon Blockchain expands footprint in Africa with acquisition of Minerva Green
Published: 04-01-2023 | 15:13:00 | By: Pie Kamau
The Carbon Blockchain (TCB), a carbon finance and technology services company that produces high-integrity carbon credits has announced the acquisition of Minerva Green.


Indian AI-based asset and plant performance startup UptimeAI raises $3.5m funding to expand in the U.S.
Published: 19-12-2022 | 08:44:00 | By: Pie Kamau
UptimeAI, an AI-based digital transformation solution provider for the energy, chemicals, and heavy industries, has raised a total of $3.5 million funding led by Emergent Ventures.


IBM announces five members selected for its Sustainability Accelerator programme
Published: 22-11-2022 | 10:04:00 | By: Pie Kamau
IBM has announced five global non-profits as new members of the Sustainability Accelerator programme. The programme is a global pro bono social impact program which seeks to help marginalized communities.


Milken Institute and Motsepe Foundation announce $2m prize competition in green energy
Published: 18-11-2022 | 10:26:00 | By: Pie Kamau
The Milken Institute and the Motsepe Foundation, launched the Milken-Motsepe Prize in Green Energy, a $2 million prize competition to reward entrepreneurs and innovators.


SE Ventures announces €500m Fund II to accelerate climate and industrial tech startups
Published: 18-11-2022 | 09:57:00 | By: Pie Kamau
SE Ventures announced a €500 million Fund II establishing the firm as one of the largest VCs focusing on climate and industrial technology.


French battery startup Verkor raises more than €250m financing for its innovation centre
Published: 07-11-2022 | 09:51:00 | By: Pie Kamau
French battery startup Verkor announced it has raised more than €250 million, for the inauguration of its R&D lab, an integral part of the Verkor Innovation Centre.


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


National Grid Partners invests $20m in startups to transform the grid
Published: 21-10-2022 | 09:19:00 | By: Pie Kamau
National Grid Partners (NGP) announced investments of $20 million across three startups to transform the way utilities and other enterprises manage vast physical infrastructure.


Amsterdam-based Fastned receives €75m investment from Schroders Capital accelerate future growth
Published: 17-10-2022 | 15:45:00 | By: Pie Kamau
Fastned, the European fast charging company, announced a €75 million private placement of 2,032,520 new depositary receipts representing the same number of new ordinary shares in the capital of the Company with Schroders Capital.


GridBeyond secures €6m investment from UK's Claret Capital to support smart energy expansion
Published: 10-10-2022 | 13:50:00 | By: Pie Kamau
GridBeyond, the pioneer in intelligent energy technology, has agreed a debt financing facility of €6 million led by Claret Capital, to support the Irish headquartered company’s continued internationalisation plans. 


Boosting access to funding for businesses in the energy sector
Published: 07-10-2022 | 10:45:00 | By: Bob Koigi
But despite funding and support being available, most of these businesses struggle with fundraising and access to these financial resources.


German tech startup NeoCarbon raises €1.25 million to reverse climate change
Published: 30-09-2022 | 10:38:00 | By: Pie Kamau
NeoCarbon, a Berlin-based tech startup which retrofits cooling towers to remove carbon dioxide from the atmosphere, announced it has raised €1.25 million in a Pre-Seed round co-led by PropTech1 and Speedinvest,


ABB partners with Dutch AI predictive maintenance scaleup Samotics to expand condition monitoring services
Published: 23-09-2022 | 10:10:00 | By: Pie Kamau
ABB and  Samotics, the provider of ESA technology that is a high-growth scaleup company, have entered a strategic long-term partnership to provide enhanced condition monitoring services.


Decentralized renewables are pointing entrepreneurs to sustainable jobs, report
Published: 21-09-2022 | 14:15:00 | By: Bob Koigi
The industry’s most comprehensive emerging markets employment census shows increased demand for DRE solutions is creating hundreds of thousands of formal and informal jobs.


Idealist Capital announces first close of its Climate Impact Fund to accelerate energy transition
Published: 21-09-2022 | 11:32:00 | By: Pie Kamau
Idealist Capital, a North American fund with a primary focus on the Canadian market, announced the first closing of the Idealist Climate Impact Fund LP (the Fund) with capital commitments totalling C$250 million. 


Copenhagen-based Monta lands €30m additional financing to accelerate the buildout of EV charging infrastructure
Published: 14-09-2022 | 15:26:00 | By: Pie Kamau
Monta, the Copenhagen-based all-in-one EV charging management platform, announced it has secured an additional €30 million as part of a Series A+ round led by Energize Ventures.


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


London-based Claret Capital raises €297m fund to back European tech startups
Published: 31-08-2022 | 12:03:00 | By: Pie Kamau
Claret Capital, the London-based Pan-European growth capital provider, announced the final closing of Claret European Growth Capital Fund III (Fund III), to back European tech startups.


Swedish payment startup Billogram raises €15m to accelerate growth in Europe and the DACH region
Published: 31-08-2022 | 11:47:00 | By: Pie Kamau
Swedish invoicing and payment startup Billogram has raised €15 million in funding round led by Swisscom Ventures, with participation from Partech, CNI Nordic and Inbox Capital.


Healthcare startup Prolocor announces $5.2m funding from seed round and NIH SBIR grant
Published: 31-08-2022 | 11:21:00 | By: Pie Kamau
Prolocor, a healthcare startup developing an innovative precision diagnostic test with the potential to predict the risk of thrombosis by quantifying FcγRIIa on the surface of platelets, announced the closing of an oversubscribed $3.2 million seed round.


SheMatters raises $1.5m seed funding to address medical neglect and Black maternal morbidity in the U.S.
Published: 31-08-2022 | 11:09:00 | By: Pie Kamau
SheMatters, an online platform and mobile app designed to support Black women/WOC who experience postpartum comorbidities, announced the close of over $1.5 million in seed funding.


UPTIMA secures investment from Salesforce and Docusign Ventures to fuel growth and expansion
Published: 31-08-2022 | 10:56:00 | By: Pie Kamau
Uptima, a global consulting and system integration firm, announced it has received funding from Salesforce Ventures and Docusign Ventures, to continue to enhance its IP-based accelerator, Everything-to-Revenue™.


Dublin-based startup Protex AI raises $18m to protect workplace accidents
Published: 30-08-2022 | 13:51:00 | By: Pie Kamau
Dublin-based startup Protex AI has raised a total of $18 million of investment to help further grow its presence in Europe and North America, led by Notion Capital.


FMO partners with SBC AfriTech to support next generation of early-stage African tech startups
Published: 30-08-2022 | 13:28:00 | By: Pie Kamau
FMO has partnered with a pan-African tech accelerator, Startupbootcamp (SBC) AfriTech, for the third installment of the Africa Startup Initiative Accelerator Program which is designed to scout skill and scale early-stage tech startups in Africa.


South Korean animation Startup Plask releases motion capture tool to democratize 3D animation
Published: 30-08-2022 | 13:10:00 | By: Pie Kamau
Plask, a 3D animation startup has unveiled its namesake premium motion capture and animation SaaS tool that makes 3D animation more accessible than ever.


EMURGO Ventures invests in DoraHacks to scale Cardano's Web3 developer pool and dApp ecosystem
Published: 30-08-2022 | 12:56:00 | By: Pie Kamau
EMURGO Ventures, the venture arm of EMURGO, one of the founding entities of Cardano blockchain, announced an investment into DoraHacks, a Web3 hackathon organizer.


Telit acquires California-based startup Mobilogix to provide custom IoT project and solution design services
Published: 30-08-2022 | 12:46:00 | By: Pie Kamau
Telit, a global leader in the Internet of Things (IoT), announced the acquisition of group assets from Mobilogix, a California-based startup company specializing in custom IoT solutions worldwide.


Nigerian fintech startup Grey raises $2m to simplify cross-border payments across Africa
Published: 29-08-2022 | 15:08:00 | By: Pie Kamau
Nigerian fintech startup Grey has raised $2 million in seed funding to simplify cross-border payments across Africa. The seed funding round included participation from Y Combinator, Soma Capital, Heirloom Fund and other high-profile investors.


Swiss tech startup deskbird raises $5m to accelerate growth across Europe
Published: 29-08-2022 | 14:51:00 | By: Pie Kamau
deskbird, a Swiss-based tech company on its way to becoming Europe’s leading workplace management platform, announced the closing of a $5 million Pre-Series A financing round.


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.


Los Angeles-based startup RentSpree raises $17.3m Series B funding to propel growth in the rental market
Published: 29-08-2022 | 14:26:00 | By: Pie Kamau
RentSpree, the industry's premier end-to-end rental management software provider, announced it has closed $17.3 million in Series B financing.


Kenyan startups raised $820m in VC funding in the first half of 2022, data
Published: 29-08-2022 | 14:12:00 | By: Pie Kamau
Kenya has secured an enviable position among the most competitive innovation and investment destinations in Africa. The country’s attractiveness has seen Big-Tech companies troop in to set shop in the capital, Nairobi.


Nigerian B2B e-Commerce startup Omnibiz raises $15m for expansion
Published: 29-08-2022 | 13:35:00 | By: Pie Kamau
Nigerian B2B e-Commerce startup Omnibiz has raised $15 million pre-Series A round ($5 million equity and $10 million debt) led by Timon Capital, Ventures Platform, Lofty Inc, Chapel Hill Denham, Chandaria Capital and Musha Ventures.


Belgian startup Magnax raises €20m for axial flux “pancake” electric motors
Published: 26-08-2022 | 14:37:00 | By: Pie Kamau
Belgium-based Magnax, technology leader in axial flux electric motors, has closed a €20 million funding round and adds two new investors; BIG Capital, who led the round, and SFPIM.


Octopus rolls out €220m to drive green power generation, backs Exagen to build UK’s largest battery
Published: 26-08-2022 | 14:24:00 | By: Pie Kamau
Octopus Energy Group launched its new renewables fund Octopus Energy Development Partnership (OEDP), as the fund makes its debut investment in renewables developer Exagen to build new green energy.


Erie Insurance launches venture capital fund to accelerate innovation
Published: 26-08-2022 | 13:47:00 | By: Pie Kamau
Erie Insurance, an auto, home, business and life insurance company based in Erie, Pennsylvania, announced the establishment of Erie Strategic Ventures to support visionary entrepreneurs.


Mobile gaming platform startup INK Games secures $18.75m Series B financing
Published: 26-08-2022 | 13:38:00 | By: Pie Kamau
INK Games (INK), an Austin-based startup building a social gaming and commerce platform, announced it has secured $18.75 million of funding through its Series B equity round.


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.


Eurobio acquires 100% of Dutch transplant diagnostics startup GenDx
Published: 25-08-2022 | 11:38:00 | By: Pie Kamau
Paris, France-based Eurobio Scientific (Eurobio) has reached agreement to acquire all outstanding shares of Dutch-based transplant diagnostics startup GenDx for an amount of €135 million (net of adjusted cash) to be paid in cash at closing to its current shareholders.


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


Munich-based Celonis secures $1b to fight economic and supply chain challenges
Published: 25-08-2022 | 10:43:00 | By: Pie Kamau
Celonis, the global player in execution management, announced it has secured an additional $1 billion in funds to accelerate its unique position to help customers thrive in challenging economic environments.


Pace raises $5m to integrate product-led growth with enterprise sales
Published: 25-08-2022 | 10:23:00 | By: Pie Kamau
Pace, a startup building a product-led revenue platform, has raised a $5 million Seed investment led by Work-Bench. Pace simplifies the transformation from traditional enterprise sales motions to a hybrid, product-led approach.


ZEBOX America selects new batch of startups to reimagine global logistics and mobility
Published: 25-08-2022 | 10:05:35 | By: Pie Kamau
International startup incubator and accelerator ZEBOX America announced a new cohort of 9 startups, marking a key milestone as the tech hub works to reimagine and revitalize the North American supply chain, logistics, mobility and Industry 4.0 sectors.


[Startup Interview] Collins Kathuli, Co-founder and CEO, Kyanda, Kenya
Published: 24-08-2022 | 15:21:37 | By: Bob Koigi
Kyanda is a Kenyan fintech startup that offers Digital Financial Services to businesses, SMEs and citizens.


[Startup Interview] Alfiya Kayumova, CEO and co-founder, Green Growth, USA
Published: 24-08-2022 | 15:16:00 | By: Bob Koigi
Green Growth is a US-based agritech startup that runs a software and hardware-based solution consisting of a set of sensors, combined in a single infrastructure.


[Startup Interview] Jelmer Van Der Linden, Co-Founder, De HardloopSchool, Netherlands
Published: 24-08-2022 | 15:11:00 | By: Bob Koigi
De HardloopSchool is a Dutch sports and fitness startup that offer physical and online classes on running by allowing learners to run wisely, efficiently and relaxed, which reduces the risk of injury and allows one to perform to their maximum potential.


Canadian startup Vive Crop Protection closes $26m funding round to accelerate its precision chemistry platform
Published: 22-08-2022 | 13:16:00 | By: Pie Kamau
Vive Crop Protection announced the close of $26 million Series C investment round, led by Emmertech with participation from the Cibus funds, and existing investors Business Development Bank of Canada (BDC).


Early-stage startups don't stand to benefit from Inflation Reduction Act, Kruze Consulting
Published: 22-08-2022 | 13:01:00 | By: Pie Kamau
The Inflation Reduction Act of 2022 doubles the R&D Tax Credit from $250,000 to $500,000, a popular tax credit used by unprofitable startups. However, an analysis by Kruze Consulting shows that the earliest-stage startups will likely not benefit from this increased credit.


Savannah Logistics Innovation Center, Plug and Play announce first cohort of their accelerator program
Published: 22-08-2022 | 12:52:00 | By: Pie Kamau
The Savannah Logistics Innovation Center (SLIC) and Plug and Play announced the first cohort of selected startup companies chosen for their accelerator program.


Japanese healthtech startup Ubie raises $26.2m Series C funding to fuel business growth in Japan and the U.S.
Published: 22-08-2022 | 12:33:00 | By: Pie Kamau
Ubie, a Japanese healthcare AI startup with a mission to develop a healthcare guide for everyone, announced it has raised $26.2 million in the 1st round of Series C funding.


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.


Nigerian last-mile delivery startup Kwik launches in Ibadan
Published: 22-08-2022 | 11:56:00 | By: Pie Kamau
Nigerian last-mile delivery startup Kwik Delivery announced it has officially launched its innovative and just-in-time delivery solutions to merchants, entrepreneurs, businesses, government agencies and social vendors in Ibadan.


Cherubic Ventures completes $110m Fund V, brings total committed capital to over $400m
Published: 19-08-2022 | 12:15:00 | By: Pie Kamau
Cherubic Ventures announced the successful completion of the venture capital firm's Fund V at $110 million, with a total of over $400 million in committed capital under management.


UK-based Medi-science International partners with Kenyan healthtech startup Afya Rekod to enhance healthcare delivery
Published: 19-08-2022 | 11:49:00 | By: Pie Kamau
UK-based Medi-science International and Kenyan healthtech startup Afya Rekod have announced a strategic collaboration to transform healthcare delivery through improved access to personal health data.


BASF Venture Capital and Dutch-based Aqua-Spark invest in Sea6 Energy as part of Series B financing round
Published: 19-08-2022 | 11:32:53 | By: Pie Kamau
BASF Venture Capital, the corporate venture company of BASF SE, Germany, and Aqua-Spark, a Dutch investment fund focusing on the global aquaculture industry, are investing in Sea6 Energy as part of a Series B round.


Kenyan e-Logistics startup Lori Systems raises funding from Google to facilitate expansion efforts
Published: 19-08-2022 | 11:06:35 | By: Pie Kamau
Kenyan e-logistics startup Lori Systems which operates across East Africa, announced it has raised an undisclosed amount of Round B funding from Google, to facilitate the company’s expansion efforts.


Kenyan agritech startup IProcure secures $10.2m Series B funding to accelerate growth
Published: 19-08-2022 | 10:55:00 | By: Pie Kamau
iProcure, Africa’s tech and data-driven agricultural inputs supply company, announced the close of a $10.2 million Series B funding round that raised debt and equity from a diverse group of international investors.


Insurtech startup Ledgebrook raises $4.2m to provide best-in-class quoting experience to wholesale brokers
Published: 17-08-2022 | 15:28:00 | By: Pie Kamau
Ledgebrook, a Boston-based insurtech startup, announced it raised $4.2 million in seed funding to build out its operations with the goal of writing its first policies in Q4 2022.


Pomelo fintech launches with $20m seed capital
Published: 17-08-2022 | 15:16:00 | By: Pie Kamau
Pomelo announced a Series Seed of $20 million in venture capital and $50m in warehouse facility for a total of $70m in seed financing, and is the first company to combine credit and international money transfer.


Customer experience startup Hark raises >$1.5m to build a new video-focused support channel
Published: 17-08-2022 | 14:13:00 | By: Pie Kamau
Hark, a New York-based customer experience startup, has raised more than $1.5 million to launch a new, video-based customer experience channel aimed at helping companies deliver a best-in-class experience while decreasing costs.


Explo raises $12m Series A funding to build customer-facing analytics, releases self-serve onboarding
Published: 17-08-2022 | 13:45:00 | By: Pie Kamau
Explo, a customer-facing analytics solution for sharing data across any platform, announced $12 million in Series A funding, bringing the company's total amount raised to $15 million.


South African gaming startup Skrmiish secures $2.5m seed round to speed growth
Published: 17-08-2022 | 13:25:00 | By: Pie Kamau
Cape Town-based Skrmiish, a mobile “play-to-earn” app that enables gamers of every level to earn cash in every match they play across the AAA+ games they love, has raised a $2.5 million seed round to speed its global growth.


AI gaming and Esports startup Regression Games exits stealth with $4.2m seed funding from NEA and a16z
Published: 16-08-2022 | 17:25:00 | By: Pie Kamau
Regression Games, the AI gaming and esports company announced it has closed $4.2 million in seed funding led by New Enterprise Associates (NEA).


Bush Foundation invests $1.5m in Brown Venture Group to widen investment door for Black, Indigenous and Latinx entrepreneurs
Published: 16-08-2022 | 17:06:00 | By: Pie Kamau
Brown Venture Group announced it will receive an investment of up to $1.5 million from the Bush Foundation.


Budmail announces partnership with Canadian AI startup Lil Durk
Published: 16-08-2022 | 16:40:53 | By: Pie Kamau
Lil Durk (LilDurk.com), a Canadian news & technology company enhanced by AI-driven neural networks, has announced a strategic partnership agreement with Budmail, a retail-focused cannabis company.


Agya Ventures closes $32m fund to back early-stage startups shaping the future of real estate and metaverse
Published: 16-08-2022 | 16:30:00 | By: Pie Kamau
Agya Ventures, a venture capital firm focused on early-stage real estate and construction technology, announced the close of its $32 million fund ('Fund I').


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


Philadelphia-based startup Stimulus raises $2.5m oversubscribed seed round to help companies build better supplier relationships
Published: 15-08-2022 | 13:40:00 | By: Pie Kamau
Stimulus, a Philadelphia-based relationship intelligence (SaaS) startup in the supply chain space, raised an oversubscribed $2.5 million seed round led by Black Ops VC.


Dropbase raises $1.75m round to help import, manage, and query messy CSVs and Excel files in analytical databases
Published: 15-08-2022 | 12:50:00 | By: Pie Kamau
Dropbase, the collaborative data import and data management platform, raised a $1.75 million round led by Gradient Ventures (Google's AI-focused venture fund).


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.


SaaS startup Klavi raises $15m to grow open finance solution, develop new B2B products
Published: 15-08-2022 | 12:14:00 | By: Pie Kamau
Klavi, a SaaS platform in data aggregation, analytics, and API services, who aims to empower companies with its Open Finance solutions , has just received an investment of $15 million.


Las Vegas startup Boxabl raises capital to continue disrupting the housing market
Published: 15-08-2022 | 11:56:00 | By: Pie Kamau
Las Vegas based startup Boxabl announced an undisclosed capital raise to continue disrupting the housing market.


UK-based Conversational intelligence startup Jiminny raises €16.5m to fuel international expansion
Published: 12-08-2022 | 12:38:00 | By: Pie Kamau
Jiminny, a UK headquartered conversation intelligence provider supporting sales teams across the world, has closed a $16.5 million series A funding round led by Kennet Partners, a transatlantic growth equity firm.


Taiwanese martech startup Wavenet raises $3m series B round to expand in Japan and North America
Published: 12-08-2022 | 12:11:00 | By: Pie Kamau
Taiwanese marketing technology (martech) startup Wavenet, announced the raise of $3 million in series B round, to expand its operations to Japan and North America, and hire more international talents to join the team.


West makes minority investment in Dublin-based vaccine and biologics startup Latch Medical
Published: 12-08-2022 | 11:49:00 | By: Pie Kamau
West Pharmaceutical Services, a global player in innovative solutions for injectable drug administration, announced it has made a strategic investment in Latch Medical, a Dublin-based startup leading in next-generation vaccine and biologics delivery technology.


Crowdfunding platforms StartEngine and Indiegogo team up to help startups raise capital from ideation to Series C
Published: 12-08-2022 | 11:35:00 | By: Pie Kamau
Crowdfunding platforms Indiegogo and StartEngine have teamed up to ensure that startups have continuous access to the capital they need.


Modern intranet startup Haystack announces Connect, a tool to foster deeper relationships among colleagues
Published: 12-08-2022 | 11:16:00 | By: Pie Kamau
Haystack, the modern intranet company making big companies feel smaller, rolled out Connect - a feature that uses first-party employee-profile data to intelligently pair employees.


T-Mobile accelerator startup Krikey brings NFT puppies to the Flow blockchain
Published: 12-08-2022 | 11:07:00 | By: Pie Kamau
Krikey, a gaming studio with more than 5 million users, announced the launch of SolarPups on the Flow blockchain.


German tech startup Cyanite announces new investors to support vision of universal music translation
Published: 10-08-2022 | 12:42:42 | By: Pie Kamau
Cyanite, a German tech company with various solutions in AI-powered music tagging and search, has closed an investment round with leading entrepreneurs from the music and technology industries.


Chinese Grand Pharma backs Dutch medtech Xeltis with €15m
Published: 10-08-2022 | 12:27:00 | By: Pie Kamau
Xeltis, a medtech company developing the most advanced polymer-based restorative cardiovascular devices, announced that a Chinese company, Grand Pharmaceutical Group, has committed to invest €15 million in equity and license fees.


Income verification startup Truework raises $50m Series C funding to accelerate growth
Published: 10-08-2022 | 12:11:00 | By: Pie Kamau
Truework, a fintech startup that provides income and employment verification for the nation's largest mortgage, auto, and consumer lenders to approve more borrowers in a fraction of the time, announced it raised $50 million in Series C funding.


Web3 infrastructure firm Fortress Blockchain Technologies announces $22.5m seed funding
Published: 10-08-2022 | 12:02:00 | By: Pie Kamau
Fortress Blockchain Technologies announced it has raised Seed funding of $22.5 million led by Ayon Capital. The round also included Soaring Investment Management, Fortress' founder Scott Purcell.


Bain Capital leads $12m seed round for scalable blockchain startup RISC Zero
Published: 10-08-2022 | 11:35:00 | By: Pie Kamau
RISC Zero announced a $12 million seed round led by Bain Capital Crypto. Follow-on investors include Geometry, D1 Ventures and Cota Capital among others.


Canadian AI startup Proto raises $5.6m Series A funding to accelerate global expansion
Published: 10-08-2022 | 10:55:00 | By: Pie Kamau
Canadian startup Proto announced it has raised $5.6 million Series A round led by Mucker Capital with participation from Yolo Investments for the global expansion of its AI Customer Experience (AICX) solutions.


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.


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


Israeli AI mobility Nexar acquires Portuguese startup Veniam to open unlimited possibilities for data-rich mobility applications
Published: 08-08-2022 | 10:34:00 | By: Pie Kamau
Nexar, an AI mobility company, announced it has entered into an agreement to acquire Veniam, the provider of intelligent networking for the internet of moving things.


Kenyan mobile commerce startup Copia unveils manufacturing unit for sugar and rice production
Published: 08-08-2022 | 09:48:39 | By: Pie Kamau
Copia Global, a Kenyan-based mobile commerce platform has unveiled a new manufacturing unit to enhance its output of affordable sugar and rice to the Kenyan market.


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.


London-based VC firm Flashpoint unveils $102m close of its VCIII fund, secures first institutional investment partner
Published: 05-08-2022 | 13:40:00 | By: Pie Kamau
Flashpoint Venture Capital, an international technology investment firm announced that Széchenyi Funds signed up for a commitment of $20 million in Flashpoint’s VC III.


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


Digital government and payments startup PayIt closes $90m growth investment fund
Published: 05-08-2022 | 12:54:00 | By: Pie Kamau
PayIt, the company modernizing interactions between governments and residents, has closed a $90 million investment from Macquarie Capital Principal Finance.


Data collaboration startup Sympatic raises pre-seed round to revolutionize zero-copy data use
Published: 05-08-2022 | 12:40:00 | By: Pie Kamau
Sympatic, a data collaboration platform that allows users to create and manage safe data sandboxes in their cloud of choice, announced it has raised a pre-seed round of funding led by Saltagen Ventures with participation from ScaleGood Fund.


Top Tier Capital Partners raises $925m to invest in its Velocity strategy
Published: 05-08-2022 | 11:55:00 | By: Pie Kamau
Top Tier Capital Partners (TTCP) announced it has closed on $925 million in new capital commitments for Top Tier Venture Velocity Fund 4 (VVF4), as well as a collection of separate accounts, one of which focuses on late-stage climate tech co-investments.


Kenyan insurtech startup Lami Technologies raises $3.7m to expand across Africa
Published: 05-08-2022 | 11:40:00 | By: Pie Kamau
Kenya-based insurtech startup Lami Technologies has raised a $ 3.7 million seed extension to expand its insurtech product across Africa.


Canadian news and technology startup startup Lil Durk raises $20m to reduce misinformation
Published: 03-08-2022 | 15:47:00 | By: Pie Kamau
Lil Durk (LilDurk.com), a Canadian news and technology startup enhanced by A.I.-driven neural networks, announced it has raised an additional $20 million in equity through a private funding round led by Alexander Elder.


Product search engine startup Vetted raises $15m to vet trustworthy product data for consumers
Published: 03-08-2022 | 15:27:00 | By: Pie Kamau
Vetted (formerly Lustre) announced the launch of its AI-powered product search engine, alongside a $14 million Series A investment round led by global software investor Insight Partners.


Boston-based crypto fund startup Triblock emerges out of stealth
Published: 03-08-2022 | 14:40:00 | By: Pie Kamau
Triblock, a Boston-based investment and advisory firm co-founded in 2019 by Matt Batsinelas and Bennett Collen, announced the startup has emerged out of stealth, after making over 20 investments while operating in stealth.


Autonomous robotics delivery startup Ottonomy closes $3.3m seed financing round
Published: 03-08-2022 | 14:15:00 | By: Pie Kamau
Ottonomy.IO, the autonomous robotics delivery startup, announced the close of its seed funding round of $3.3 million bringing its total funding to date to $4.9 million, supporting the scale of Ottobots for fully autonomous airport, retail and restaurant deliveries.


Israel Natural Gas Lines invests in monitoring infrastructure startup Prisma Photonics
Published: 03-08-2022 | 13:58:00 | By: Pie Kamau
Israel Natural Gas Lines (INGL), announced a strategic investment in Prisma Photonics, a startup that develops advanced system for monitoring critical infrastructure in real time.


VMG Catalyst closes $400m Fund II to scale commerce venture capital space
Published: 03-08-2022 | 13:43:00 | By: Pie Kamau
Venture capital firm VMG Catalyst announced the closing of Fund II at its target of $400 million, bringing the total capital raised to $650 million across both funds.


Dutch home sustainability startup Woon Duurzaam receives €2.2m financing for further scaling up
Published: 02-08-2022 | 14:43:00 | By: Pie Kamau
EIT InnoEnergy supported Woon Duurzaam has received €2.2 million in a second investment round. The money will come from new investors Oneplanetcrowd and ROM InWest, and from existing shareholders EIT InnoEnergy and DOEN Participaties.


Madrid-based healthtech startup Idoven raises €18.5m to develop its AI platform
Published: 02-08-2022 | 14:15:00 | By: Pie Kamau
Idoven, a Madrid-based healthtech startup, specialised in early detection and precision treatment of cardiovascular disease (CVD), raised €18.5 million, to continue developing its artificial intelligence (AI) platform to identify arrhythmias and cardiac anomalies.


Israeli startup Frontegg raises $40m to solve user management for B2B SaaS
Published: 02-08-2022 | 13:44:00 | By: Pie Kamau
Frontegg, the user management platform for B2B apps, announced a $40 million in series B funding co-led by Stripes and global software investor Insight Partners.


Taiwanese tech startup Cubo Ai launches new sleep sensor pad to boost AI baby monitoring system
Published: 02-08-2022 | 13:24:00 | By: Pie Kamau
To further boost the safety of newborn babies as well as the peace of mind of parents, Taiwanese tech startup Cubo Ai has launched a new product to augment its award-winning Cubo Ai Plus Smart Baby Monitor - the AI Sleep Sensor Pad.


Taiwanese startup PrecisemAb announces progress towards vision of safest antibody treatment with no side effects
Published: 02-08-2022 | 13:12:00 | By: Pie Kamau
PrecisemAb Biotech, a biotechnology research company based in Kaohsiung, Taiwan, announced it has continued to stay true to its vision of enhancing antibody drugs by reducing side effects.


Francisco-based foodtech startup Lypid partners with Louisa Coffee to bring plant based burger patties
Published: 02-08-2022 | 12:55:00 | By: Pie Kamau
Lypid, a global leader in alternative fat, announced its partnership with Louisa Coffee, the largest coffeehouse company in Taiwan, to serve juicy, meaty plant-based burger patties to over 500 shops nationwide.


Battery tech startup Britishvolt confirms UK Government funding boost for its battery cell gigaplant
Published: 01-08-2022 | 11:18:00 | By: Pie Kamau
Battery technology pioneer Britishvolt confirmed funding from the UK Government through its Automotive Transformation Fund (ATF) run by the Advanced Propulsion Centre UK following a confirmation letter.


Kenyan wealth-tech startup Ndovu partners with Tulix to empower Africa’s diaspora to invest back home
Published: 01-08-2022 | 11:04:00 | By: Pie Kamau
Africa’s wealth management platform Ndovu has announced a strategic partnership withTulix, an Antler & Catalyst Fund portfolio company.


Biotech startup Novasenta completes $40m Series A to advance novel cancer therapeutics
Published: 01-08-2022 | 10:48:00 | By: Pie Kamau
Novasenta, a biotechnology startup focused on the discovery and validation of novel targets to develop cancer therapies, today announced the completion of $40 million in Series A financing led by UPMC Enterprises.


Golden Gate Ventures announces new hires to bolster startup golden triangle growth
Published: 01-08-2022 | 09:54:47 | By: Pie Kamau
Golden Gate Ventures, a venture capital fund in Southeast Asia (SEA) founded by Silicon Valley natives, announced the expansion of its Vietnam and Indonesia teams.


Taiwanese Startup Mindtronic AI opens way to the future of mobility with Meta-Service ecosystem
Published: 01-08-2022 | 09:42:00 | By: Pie Kamau
Mindtronic AI, a Taiwan-based startup, unveiled the world's first Meta-Service, a biometric sensing technology that provides instant access to any visible object in the real world.


U.S.-based compliance startup Kompliant closes $14m seed round to accelerate growth
Published: 01-08-2022 | 09:33:00 | By: Pie Kamau
Kompliant, the U.S.-based compliance startup closed a $14 million seed round led by Level One Fund. Kompliant solves for end-to-end compliance lifecycle management through leading-edge technology and innovative workflows.


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


Online energy marketplace VECKTA closes $3.3m seed round to accelerate growth
Published: 12-07-2022 | 16:25:00 | By: Pie Kamau
VECKTA, the online energy marketplace that connects commercial and industrial energy users with capital, services, and equipment suppliers, announced it has closed a $3.3 million institutional seed round.


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


Sustainability data and tech startup ESG Book closes $35m Series B to advance its next-gen technology capabilities
Published: 29-06-2022 | 13:58:00 | By: Pie Kamau
ESG Book, a global player in sustainability data and technology, announced it has closed $35 million in Series B funding to advance its next-generation technology capabilities.


Deeptech startup NEU Battery Materials raises S$800,000 seed funding to produce clean and sustainable lithium batteries
Published: 27-06-2022 | 12:44:00 | By: Pie Kamau
Deeptech startup, NEU Battery Materials has raised a total of S$800,000 in seed funding from Momentum Venture Capital and Se-cure Waste Management.


Renewable energy startup Posh raises $3.8m seed round to automate EV battery recycling
Published: 24-06-2022 | 11:27:00 | By: Pie Kamau
Y Combinator alum, Posh, announced it has raised $3.8 million in seed funding. The Bay Area startup automates electric vehicle (EV) battery recycling to build sustainable energy storage solutions.


AfricArena partners with FMO to accelerate tech startups in Ghana, Morocco and Tanzania
Published: 15-06-2022 | 11:01:00 | By: Pie Kamau
AfricArena, the African series of tech events, announced a partnership with FMO Ventures Program, the Rise Open Innovation Challenge, which focuses on accelerating the growth of startups looking to improve the state of Africa.


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


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


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


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


Plug and Play Japan kicks off 3rd Smart Cities accelerator program in Osaka and Tokyo
Published: 29-03-2022 | 13:48:00 | By: Pie Kamau
Plug and Play Japan has selected 25 startups from Japan and overseas for their accelerator program that promotes open innovation in Smart Cities theme. From the Batch 3 program, it will expand and operate at two locations, Tokyo and Osaka.


FirstEnergy contributes $1m to UBIZ Venture Capital to support minority businesses in Northeast Ohio
Published: 11-03-2022 | 13:08:00 | By: Pie Kamau
To help expand and grow minority-owned businesses in northeast Ohio, FirstEnergy announced a $1 million contribution to UBIZ Venture Capital, a small business lending program affiliated with the Urban League of Greater Cleveland.


5G Open Innovation Lab selects MetaPower to join its startup development program
Published: 09-03-2022 | 11:32:00 | By: Pie Kamau
MetaPower, the innovators creating the future of Intelligent Wireless Power, announced its selection as one of 12 startups newly added to the 5G Open Innovation Lab (5G OIL).


Carrier launches venture firm to accelerate sustainable innovation and disruptive building and cold chain technology
Published: 02-03-2022 | 13:20:00 | By: Pie Kamau
Carrier Global Corporation, the global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, has created Carrier Ventures, a new global venture capital group.


Energy-efficient AI semiconductor startup EdgeCortix closes over $8m Series A funding
Published: 01-03-2022 | 11:58:00 | By: Pie Kamau
EdgeCortix the AI-focused fabless semiconductor company, announced the closing of over $8 million in series A funding.


TDK Ventures invests in green hydrogen-electrolysis startup Verdagy
Published: 15-02-2022 | 11:54:29 | By: Pie Kamau
TDK Corporation announced that subsidiary TDK Ventures, Inc. has invested in green hydrogen company Verdagy to enhance the development and rapid commercialization of their scalable, low-cost approach to hydrogen electrolysis.


London-based Bramble Energy closes £35m to fund its hydrogen fuel cell technology
Published: 14-02-2022 | 10:33:00 | By: Pie Kamau
London-based fuel cell company Bramble Energy has closed a £35 million investment round to help further expand its game changing capabilities in solving key challenges in the production and implementation of hydrogen fuel cell stacks.


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


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


UK's carbon offset ratings startup Sylvera raises $32m funding to become source of truth in carbon markets
Published: 25-01-2022 | 15:42:00 | By: Pie Kamau
Carbon offset ratings provider, Sylvera, announced it has raised $32.6 million in Series A funding to accelerate its mission to become a source of truth for carbon markets.


Berlin-based clean energy startup Ostrom raises €4.4m to make transition to green energy convenient and affordable
Published: 12-01-2022 | 13:30:00 | By: Pie Kamau
Berlin-based clean energy startup Ostrom has raised a total of €4.4 million in pre-seed and seed funding to further its goal of making the switch to green energy as easy and affordable as possible.


Canadian electric vehicle startup eLeapPower raises $21m funding to accelerate initial production and global growth
Published: 15-12-2021 | 12:03:00 | By: Pie Kamau
eLeapPower, a technology innovator revolutionizing electric vehicles inside and outside, with its Smart Inverter System, announced it raised $21 million CAD in Series A funding.


FirstEnergy invests in Venture Capital Fund to help advance sustainable energy innovation
Published: 15-12-2021 | 11:48:48 | By: Pie Kamau
As part of its efforts to advance new technologies that will benefit customers and address climate change, FirstEnergy announced an incremental investment in global venture capital firm Energy Impact Partners' (EIP) Fund II.


[Startup Interview] Roman Bysko, CEO, Meredot, Latvia
Published: 09-12-2021 | 07:41:51 | By: Bob Koigi
Meredot is a Latvia-based mobility infrastructure startup that develops electric fueling stations to charge an e-scooter wirelessly and help cities thrive by resolving mobility issues and maximizing the benefits of micro-mobility. The startup’s Co-founder and CEO elaborates.


Renewable energy startup Enexor selected for Plug and Play Energy and Sustainability Accelerator to drive bioenergy agenda across Asia
Published: 03-12-2021 | 15:41:32 | By: Bob Koigi
Plug and Play’s Energy and Sustainability Accelerator is a 3-month program sponsored by the Plug and Play Tech Center (“Plug and Play”), the world’s largest early-stage investor, accelerator.


Estonian-based fintech startup Fairown secures €4.2 Million funding to invest in waste reduction
Published: 09-11-2021 | 17:12:17 | By: Bob Koigi
Estonian-based fintech company Fairown will fuel international growth and empower more brands to shift from a linear to a circular economy.


Helion raises $500 million, targets 2024 for demonstrating net electricity from Fusion
Published: 09-11-2021 | 17:08:46 | By: Bob Koigi
Helion, a clean energy company committed to creating a new era of plentiful, zero-carbon electricity from fusion, has announced the close of its Series E raise of $500 million.


[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.


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


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


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


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


German startup Focused Energy raises $15m seed round to pursue commercial fusion energy production
Published: 23-09-2021 | 16:15:00 | By: Pie Kamau
Focused Energy, a laser fusion startup dedicated to developing fusion as a means of generating clean alternative energy, announced the successful completion of $15 million in seed funding.


Nigerian fintech startup Infibranches secures $2m funding from All On to drive growth in the renewable energy sector
Published: 23-09-2021 | 15:43:00 | By: Pie Kamau
Shell-funded impact investment company All On announced a $2 million investment in fintech company, Infibranches Technologies, to help bridge the energy distribution gap in underserved rural and peri-urban areas of Nigeria.


TDK Ventures invests in seed round for dry lithium-ion electrode manufacturing startup, AM Batteries
Published: 21-09-2021 | 09:45:00 | By: Pie Kamau
TDK Corporation announced that subsidiary TDK Ventures has invested in AM Batteries (AMB) to support the commercialization of its dry electrode coating technology that improves the manufacturing of lithium-ion batteries.


Canadian machine learning startup CruxOCM raises $6m venture financing to accelerate growth
Published: 15-09-2021 | 16:31:00 | By: Pie Kamau
CruxOCM, the pioneer of robotic industrial process automation (RIPA) for control room operations, announced it has raised $6 million in venture financing to fuel growth.


Tech startup SIMBA Chain raises $25m in Series A funding to accelerate growth
Published: 08-09-2021 | 13:13:00 | By: Pie Kamau
SIMBA Chain , the technology company that eliminated the complexities of blockchain app development and reduced energy usage, thus opening the door to a world of users, has closed a $25 million Series A funding round led by Valley Capital Partners.


Innovative entrepreneurs driving African renaissance
Published: 30-08-2021 | 10:30:00 | By: Bob Koigi
Innovative solutions by African entrepreneurs continue to make local impact while having a global appeal. 


Energy Distribution startup Fuel Me wins Plug And Play's Supply Chain and Logistics Program
Published: 20-08-2021 | 11:55:00 | By: Pie Kamau
Fuel Me, a cloud-based fuel and energy distributor, was selected from a competition with 100 participating companies, for Plug and Play's "Supply Chain and Logistics Program".


Prieto Battery startup raises $5.7m to accelerate development of solid-state advanced rechargeable batteries
Published: 19-08-2021 | 12:15:00 | By: Pie Kamau
Prieto Battery announced it has closed on the first tranche of its $5.7 million Series C Round financing. The investment will accelerate Prieto's development of its proprietary 3D solid-state rechargeable lithium-ion battery.


Tech executive Mark Bregman launches Quidnet Ventures, a venture capital fund based in New Zealand
Published: 03-08-2021 | 12:41:00 | By: Pie Kamau
Mark Bregman, a successful tech executive and entrepreneur, has launched Quidnet Ventures, a venture capital fund based in New Zealand and operated out of New Zealand, San Francisco and New York City.


Lithium-ion battery recycling and manufacturing startup Battery Resourcers appoints Kelly Kay to its Board of Directors
Published: 28-07-2021 | 15:20:00 | By: Pie Kamau
Battery Resourcers, a vertically integrated lithium-ion battery recycling and manufacturing startup announced the appointment of Kelly Kay to its Board of Directors.


Oxford Foundry partners with FMDQ Private Markets to accelerate Nigeria’s startup ecosystem
Published: 23-07-2021 | 15:13:00 | By: Pie Kamau
Oxford Foundry and FMDQ Private Markets have launched a global partnership to accelerate the growth of Nigeria’s startup ecosystem.


Canadian tech startup Edgehog secures $1.25m seed round to accelerate growth
Published: 22-07-2021 | 12:53:00 | By: Pie Kamau
Edgehog Advanced Technologies, developer of the world's best nanotextured, omni-directional, anti-reflective glass, announced the first closing of $1.25 million of its $2.5 million seed capital raise.


Agritech startup GrowFlux selected to join Wells Fargo Innovation Incubator program
Published: 14-07-2021 | 12:48:00 | By: Pie Kamau
The Wells Fargo Innovation Incubator, a technology incubator and platform funded by the Wells Fargo Foundation, has selected GrowFlux and four other startups to participate in the program's ninth cohort.


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


bp invests $7m in electric vehicle charging startup IoTecha
Published: 23-06-2021 | 10:05:00 | By: Pie Kamau
bp ventures has invested $7million in smart electric vehicle (EV) charging firm, IoTecha, leading a $13.2 million investment round.


Toyota AI Ventures rebrands as Toyota Ventures, adds $300m to invest in emerging technologies and carbon neutrality
Published: 07-06-2021 | 14:45:00 | By: Pie Kamau
Toyota's first standalone, early-stage venture capital firm, Toyota AI Ventures, will change its name to Toyota Ventures and grow its total assets under management to more than $500 million with the addition of two $150 million early-stage funds.


Blockchain startup Candela Coin develops solar powered eco-friendly cryptocurrency mining protocol
Published: 07-06-2021 | 14:29:00 | By: Pie Kamau
Candela Coin, a cryptocurrency that allows holders to take part in the first ever decentralized blockchain based peer-to-peer transactive solar energy system, has developed a solar powered eco-friendly cryptocurrency mining protocol.


MetaVC Partners launches debut venture capital fund focused on startups using metamaterials
Published: 03-06-2021 | 13:46:00 | By: Pie Kamau
MetaVC Partners has launched its first fund which will focus on venture investments in early-stage startups employing metamaterials technology.


Plug and Play Japan selects 91 Startups for its Summer/Fall 2021 Batch
Published: 01-06-2021 | 11:28:00 | By: Pie Kamau
Global Innovation Platform, Plug and Play Japan has selected 91 Japanese and international startups into its Summer/Fall 2021 Batch, which will be carried out from June to September 2021.


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


Venture builder Satgana launches first portfolio startup in Kenya, Mazi Mobility
Published: 20-05-2021 | 15:38:00 | By: Pie Kamau
After its launch in September last year, venture builder Satgana has announced its first portfolio startup from Nairobi, Kenya, Mazi Mobility, to address the issues faced by the public transport industry in the Global South by electrifying the motorcycle industry.


Blockchain startup Candela Coin creates first consumer-facing transactive solar energy system
Published: 13-05-2021 | 12:11:57 | By: Pie Kamau
Blockchain startup Candela Coin has created the first consumer-facing transactive solar energy system. Candela Coin is a cryptocurrency that allows holders to take part in the first ever decentralized blockchain based peer-to-peer transactive solar energy system.


The Batchery introduces next wave of innovative startups in Berkeley, California
Published: 06-05-2021 | 11:12:00 | By: Pie Kamau
The Batchery announced its 12th Demo Day featuring eleven early-stage startups from the Berkeley-based incubator's intensive Deep Dive program.


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.


Plug and Play Korea launches in Seoul
Published: 27-04-2021 | 10:20:47 | By: Pie Kamau
Global innovation platform, Plug and Play, announced the launch of its new office in Seoul, Korea, to primarily focus on corporate innovation in the areas of Financial Services and Smart Cities and expects to expand to other industries in the future.


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


Kenyan e-mobility startup Ecobodaa secures funding from Persistent Energy Capital
Published: 23-04-2021 | 09:32:00 | By: Pie Kamau
Persistent Energy Capital announced a strategic venture building investment and partnership with Ecobodaa, a pioneer e-mobility startup, leading the revolution of the electric motorbike taxi (bodaboda) in Kenya.


Ideal Semiconductor startup announces investment from Applied Ventures
Published: 16-04-2021 | 09:23:09 | By: Pie Kamau
Ideal Semiconductor, a startup company that has successfully demonstrated a fundamentally new technology for energy conversion in electronic systems, announced it has received funding from Applied Ventures, LLC, the venture capital arm of Applied Materials.


Energy Transition Ventures launches first venture capital fund in Texas dedicated to energy transition
Published: 13-04-2021 | 14:21:14 | By: Pie Kamau
Energy Transition Ventures (ETV) has launched as the first venture fund in Texas exclusively dedicated to investing in energy transition technologies.


Lithium-ion battery recycling and manufacturing startup Battery Resourcers raises $20m Series B funding
Published: 12-04-2021 | 13:33:00 | By: Pie Kamau
Battery Resourcers, a vertically integrated lithium-ion battery recycling and manufacturing company, completed a $20 million Series B equity round.


Kigali-based electric mobility startup Ampersand raises $3.5m from EIF
Published: 12-04-2021 | 12:36:00 | By: Pie Kamau
Kigali based electric motorcycle startup Ampersand has raised $3.5 million in funding from the Ecosystem Integrity Fund (EIF) to rapidly scale its electric motorcycle and swap station network in Rwanda.


Solar home systems startup Baobab+ raises €4m to expand in Côte d’Ivoire and Senegal
Published: 12-04-2021 | 12:21:00 | By: Pie Kamau
Solar home systems social enterprise startup Baobab+ has raised €4 million in financing for the expansion of its activities in Côte d’Ivoire and Senegal.


LineVision startup secures $12.5m in Series B financing to scale grid enhancing technology
Published: 09-04-2021 | 11:30:00 | By: Pie Kamau
LineVision, the provider of non-contact overhead power line sensor solutions to monitor, optimize, and protect critical energy delivery infrastructure, announced the closing of its Series B financing round, raising $12.5 million to accelerate growth.


Plug and Play selects 154 startups for the Summer 2021 Batches
Published: 02-04-2021 | 10:31:34 | By: Bob Koigi
During the three months of the program, the selected startups will participate virtually in networking events, mentor sessions, focus weeks, and private dealflow sessions.


Berlin-based startup betteries secures €2.1m seed funding to upcycle electric vehicle batteries, avert climate change
Published: 30-03-2021 | 11:41:00 | By: Pie Kamau
Berlin-based profit for impact startup betteries has successfully closed its €2.1 million seed funding round led by impact funds Factor[e] Ventures and Beyond Black.


Noon Energy's breakthrough renewable energy storage technology lands $3m seed investment
Published: 16-03-2021 | 15:28:00 | By: Pie Kamau
Noon Energy, developer of a revolutionary ultra-low-cost battery technology for long-duration energy storage, closed a $3 million Seed stage investment.


Three Kenyan startups among recipients of $2m African Jua fund
Published: 11-03-2021 | 09:14:00 | By: Pie Kamau
Three startups from Kenya are among the recipients of the inaugural $2 million Jua Fund, the largest African venture capital fund by a private individual.


Recogni startup raises $48.9m Series B investment for AI-powered perception chips
Published: 18-02-2021 | 10:58:00 | By: Pie Kamau
Recogni, the developers of an AI vision cognition system for autonomous vehicles, announced $48.9 million in a Series B financing round, to help bring its perception platform to market and expand its engineering and go-to-market teams.


EUNIKE Ventures partners with Foresight to accelerate growth of cleantech ventures in Canada
Published: 16-02-2021 | 10:25:00 | By: Pie Kamau
Foresight Cleantech Accelerator Centre (Foresight) and Eunike Ventures (Eunike) announced a collaborative partnership to further accelerate the growth of Canadian companies with promising cleantech solutions for the energy industry.


Digital Power-Optimization completes Seed II funding round
Published: 29-01-2021 | 14:58:00 | By: Pie Kamau
Digital Power-Optimization (DPO) announced it has completed a $440,000 Seed II funding round at a $4,000,000 post-money valuation, funded by Salutem Capital.


Canadian energy innovator e-Zinc raises $2.3m to accelerate commercialization of its breakthrough energy storage technology
Published: 18-01-2021 | 17:20:00 | By: Pie Kamau
e-Zinc, a Toronto-based energy storage innovator, announced it has raised $2.3 million in a closed round led by BDC Capital's Cleantech Practice.


Tigo Energy raises $20m to bolster customer experience, fund market expansion
Published: 18-01-2021 | 17:00:00 | By: Pie Kamau
Tigo Energy, the worldwide leader in Flex-MLPE (Module Level Power Electronics), announced a $20 million round of investment, led by Energy Growth Momentum.


Chevron invests in carbon capture and utilization startup Blue Planet
Published: 15-01-2021 | 11:01:40 | By: Pie Kamau
Chevron Corporation announced a Series C investment in San Jose-based Blue Planet Systems Corporation (Blue Planet), a startup that manufactures and develops carbonate aggregates and carbon capture technology.


Plug and Play partners with MESS to create a mobility & IoT innovation hub in Istanbul, Turkey
Published: 14-01-2021 | 10:18:00 | By: Pie Kamau
Global innovation platform for startups and corporations from Silicon Valley, Plug and Play, is partnering with Turkish Employers' Association of Metal Industries MESS, in launching its newest location in Istanbul, Turkey.


[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.


Nigerian logistics startup Kobo360, IFC invite for innovative cooling solution projects in Nigeria
Published: 09-12-2020 | 08:58:00 | By: Pie Kamau
IFC, a member of the World Bank Group, in partnership with Kobo360, an African digital logistics platform, announced an open call for innovators from around the world to bring climate-smart, temperature-controlled logistics (TCL) cooling solutions to Nigeria.


New manufacturing startup JTEC Energy announces the close of its initial seed round
Published: 30-11-2020 | 14:33:00 | By: Pie Kamau
New manufacturing startup JTEC Energy announced it closed on an initial seed fundraising round, to hire additional scientists and engineers in order to accelerate the development of the the company.


Bamboo Capital, Government of Madagascar, World Bank launch $40m energy access fund for Madagascar
Published: 20-11-2020 | 12:32:00 | By: Pie Kamau
Bamboo Capital Partners has been appointed by the Government of Madagascar and the World Bank as the international fund manager for the Off-Grid Market Development Fund, a $40 million renewable energy access fund.


Chinese autonomous truck startup Inceptio Technology raises $120m to accelerate volume production
Published: 16-11-2020 | 13:24:00 | By: Pie Kamau
Inceptio Technology, an autonomous truck company, announced a $120 million funding led by Contemporary Amperex Technology, developer and manufacturer of lithium-ion batteries.


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.


Former Bitcoin.com CEO launches Sonic Capital, Asia's first tokenized venture investment fund
Published: 10-11-2020 | 12:19:00 | By: Pie Kamau
Former Bitcoin.com CEO Stefan Rust announced the launch of Sonic Capital, Asia's first venture capital and impact investment fund to be tokenized on the blockchain.


Cleantech startup Skeleton Technologies joins European Clean Hydrogen Alliance
Published: 03-11-2020 | 11:57:00 | By: Pie Kamau
Estonian cleantech startup Skeleton Technologies has joined the European Clean Hydrogen Alliance, an initiative of European stakeholders who want to engage and contribute to the deployment of renewable and low-carbon hydrogen.


Estonian cleantech startup Skeleton Technologies raises €41.3m from European entrepreneurs
Published: 03-11-2020 | 11:24:00 | By: Pie Kamau
Skeleton Technologies, global cleantech 100 company and largest European manufacturer of ultracapacitor-based energy storage, has completed a €41.3 million financing round.


Dutch tech startup Avy completes successful test flight with first solar fixed-wing drone
Published: 23-10-2020 | 11:46:00 | By: Pie Kamau
Dutch solar drone manufacturer Avy announced a successful test flight of its first solar fixed-wing drone, equipped with custom solar foil developed by Wattlab to reflect and absorb more sunlight.


Plug and Play partners with Evergy to foster new relationships, innovation in Topeka
Published: 23-10-2020 | 10:17:00 | By: Pie Kamau
Global innovation platform Plug and Play announced that Evergy will be a founding partner for its Topeka location, which is centered around animal health and agriculture technology


German environmental IoT startup Dryad raises €1.8m for ultra-early wildfire detection system
Published: 07-10-2020 | 13:18:00 | By: Pie Kamau
Environmental IoT startup Dryad Networks has secured seed funding of €1.8 million to develop a large-scale IoT network for the ultra-early detection of wildfires - the Internet of Trees.


Enel expands into Canadian innovation ecosystem partnership with MaRS
Published: 01-10-2020 | 14:23:12 | By: Pie Kamau
Enel, a multinational power company and integrated player in the global power, gas and renewables markets. announced it has expanded its energy innovation reach into Canada through a partnership with MaRS Discovery District.


[Startup Interview] Jason Gras, Emile Fulcheri, Stima, Kenya
Published: 19-09-2020 | 10:54:00 | By: Bob Koigi
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.


Plug and Play selects 147 startups for its winter 2020 batches
Published: 18-09-2020 | 12:02:00 | By: Pie Kamau
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.


Tech startup MITO Material Solutions announces oversubscribed $1m Series Seed funding round
Published: 31-08-2020 | 15:44:00 | By: Pie Kamau
MITO Material Solutions, a cutting edge developer of additives that enable polymer manufacturers to enhance product performance, announced an oversubscribed $1 million Series Seed funding round.


Belgian startup Ampacimon raises €4m to further accelerate growth through innovative projects
Published: 26-08-2020 | 15:50:00 | By: Pie Kamau
Belgian startup Ampacimon has raised €4 million with Korys as lead investor, with existing shareholders Gesval and Creos also taking part in this financing round with a view to strengthening their historical link with Ampacimon.


Nigeria Climate Innovation Centre incubates 12 renewable energy startups
Published: 20-08-2020 | 15:51:09 | By: Bob Koigi
Twelve renewable energy start-ups have successfully completed a 16-week incubation program run by the NCIC and funded and supported by off-grid energy impact investment company All On.


U.S. startup WiBotic receives industry-first FCC approval for high power wireless charging
Published: 07-08-2020 | 14:56:00 | By: Pie Kamau
Seattle-based startup WiBotic received equipment authorization from the Federal Communications Commission (FCC) for its high power transmitters and receivers.


U.S. startup Ossia partners with Toyoda Gosei to deliver wireless power over the air in vehicle cabins
Published: 03-08-2020 | 15:39:00 | By: Pie Kamau
Toyoda Gosei Co, a Toyota Group company, has concluded a joint development agreement with Ossia Inc, a U.S. startup that leads the world in the field of wireless power solutions.


Swiss cleantech stratup Insolight closes Series A financing with €4.6 million
Published: 30-07-2020 | 16:45:00 | By: Pie Kamau
Swiss cleantech stratup Insolight announced that a Series A Round of €4.6 million has successfully been closed led by Investiere, with co-investors Zürcher Kantonalbank, Swiss Immo Lab and a number of private business angels.


Kenyan startup PayGo Energy announces strategic investment from Saisan
Published: 21-07-2020 | 15:25:00 | By: Pie Kamau
PayGo Energy, an Energy Access Ventures portfolio company, has secured a strategic investment from Saisan, a leading Japanese energy company.


IFC helps boost clean tech startups in Egypt, enables farmers switch to solar
Published: 15-07-2020 | 12:41:00 | By: Pie Kamau
IFC is joining forces with the National Bank of Egypt and MSMEDA to strengthen the clean technology entrepreneurship sector and boost Egyptian farmers’ access to finance for solar irrigation.


AWIEF launches Enterprise Development for Women-Owned Ventures in Green Energy Startup Incubator
Published: 14-07-2020 | 08:36:00 | By: Pie Kamau
The Africa Women Innovation and Entrepreneurship Forum (AWIEF) has launched “Enterprise Development for Women-Owned Ventures in Green Energy” and announces the call for applications for Startup Incubator in Malawi and Nigeria.


The Digital Africa seed fund off to a promising start, offers customized support for African startups
Published: 10-07-2020 | 12:46:00 | By: Pie Kamau
The Digital Africa seed fund for innovative entrepreneurship in Africa is off to a promising start. Just six months on from its launch, already, one third of the €15 million for technical and financial assistance has already begun to flow.


Mali renewable energy startup SolarX closes Series A round led by Energy Access Ventures
Published: 10-07-2020 | 11:09:00 | By: Pie Kamau
Mali-based solar company SolarX announced the close of its Series A round led by Energy Access Ventures, an early-stage fund investing in and supporting decentralized energy companies across sub-Saharan Africa.


Belgium startup e-peas raises further €8 million in VC for long term growth
Published: 03-07-2020 | 11:07:00 | By: Pie Kamau
Award-winning Belgium start-up e-peas has raised an additional €8 million worth of investment led by Partech and Airbus Ventures, with KBC Focus Fund, W.IN.G, Noshaq Ventures, LeanSquare, Nivelinvest and Vives also contributing.


Urbint secures $20 million funding for AI powered field safety information for utlities
Published: 19-06-2020 | 15:18:30 | By: Bob Koigi
Urbint, a New York startup dealing in in artificial intelligence for Field Risk Management, has raised $20 million in a Series B funding round.


[Startup Interview] Wolf-Dietrich Fugger, Co-Founder, EWIA Green investments, Germany
Published: 11-06-2020 | 10:25:00 | By: Bob Koigi
EWIA Green investments is a renewable energy company based in Germany with an office in Ghana. Through Solar-as-a-Service model the company sells photovoltaic systems to commercial and industrial customers in form of leasing.


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.


[Startup Interview] Rense van Dijk, CEO, Woon Duurzaam, The Netherlands
Published: 04-06-2020 | 17:13:00 | By: Bob Koigi
Woon Duurzaam, a Netherlands-based startup, assists customers who are in pursuit of a sustainable lifestyle by providing every homeowner with an affordable energy sustainable home.


Forestry startup Timbeter collaborates with Costa Rica government to support digitization of forest management
Published: 04-06-2020 | 09:14:00 | By: Pie Kamau
Estonian forestry startup Timbeter and the government of Costa Rica kicked-off a project with the goal to support the digitization of forest management, and increase competitiveness of the local forestry sector.