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Kenyan green entrepreneurs mark Day of Zero Waste with festival
The Fest culminated a week-long digital campaign dubbed #BeatPlasticPollution aimed at addressing the plastic pollution menace in Mombasa.
Conference discusses the role of nature-based solutions in healing the planet
The Global EverGreening Alliance in partnership with the Government of Zambia, AFR100, and AUDA-NEPAD has convened a global conference bringing together global thought leaders and action-takers to deliberate and come up with actionable strategies to tap into the potential of nature to address challenges.
[Kenya] Mombasa innovators showcase green innovations during the royal visit
Mombasa’s young innovators addressing marine plastic pollution caught the attention of King Charles III and Queen Camilla during their royal visit to Kenya.
Aussie startup Refilled launches to save single-use plastic bottles sold from vending machines
Refilled, a climate tech startup, has been launched.
Treefera secures $2.2m to revolutionize carbon offsetting through AI-driven transparency
Treefera announced the successful closure of a $2.2 million pre-seed funding round.
One Campaign urges African leaders to elevate policy changes to tackle climate change
The One Campaign is urging all leaders to use this pivotal moment to unite around a shared pan-African agenda – one that brings justice and prosperity.
Nature Coatings secures $2.45m funding to accelerate growth
Nature Coatings announced the successful completion of an oversubscribed $2.45 million seed funding round.
Bion initiates startup of livestock waste treatment technology demonstration project
Bion Environmental Technologies has initiated integrated system startup.
Carbon neutral startups are the key to our future, Plug and Play
The escalating impact of climate change has highlighted the importance of confronting greenhouse gas.
[Kenya] Entrepreneurs tackling marine plastics problems feted
The awards, which showcased the most effective solutions to tackle Mombasa’s marine plastics problem, were the culmination of a six-month initiative funded by USAID and Global Affairs Canada.
Climate tech startup Amini raises $2m to solve environmental data scarcity for Africa
Amini, Corp. has raised $2 million in pre-seed funding in an oversubscribed round.
The 7 most sustainable cities creating the future of work after COVID-19, Plug and Play
The World Health Organization recently announced that COVID-19 is no longer a global emergency. However, the impact of the pandemic has left a lasting mark on all industries.
Finnish AI-powered Linda platform CollectiveCrunch secures €1.4m investment round to accelerate growth
CollectiveCrunch, the creator of the AI-powered Linda platform that enables sustainable forestry at scale, announced the closing of a €1.4 million investment round led by existing investor Nidoco AB.
African startups compete for £4.1 million funding to tackle pollution
Kenyan and Nigerian startups have dominated the cohort of finalists for the Afri-Plastics Challenge that is seeking solutions to plastic waste and reducing pollution that makes its way into the marine environment.
[Column] Shabir Ahmed: Practical approach, clear business case needed for sustainability success
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.
AfricaGoGreen Fund secures $47m to support tech-focused green projects in Africa
The AfricaGoGreen Fund (AGGF) has raised $47 million in combined investments from top financial organizations, including the IFC, AfDB, the Nordic Development Fund (NDF), and the Sustainable Energy Fund for Africa (SEFA).
London-based Ocean 14 Capital receives €30m to back marine innovators saving the seas
Ocean 14 Capital fund has received an investment of €30 million from Ingka Investments to support its mission of funding sustainable solutions to improve ocean health.
Mombasa Plastic Prize selects 60 Kenyan innovators to tackle plastic pollution along the coastline
Aged 18-25, the finalists are grouped into 15 teams and are now in a race to be one of the top three teams to win over KES 7 million of cash prizes. The first-place team will take home KES 3.5 million.
Seven African startups to receive $385k to develop solutions for the blue economy
Climate resilience venture launcher Triggering Exponential Climate Action (TECA), has announced the selection of seven African startups to each receive $55,000 in funding to advance their solutions for the blue economy across the continent.
Climate finance trading platform Senken raises $7.5m to streamline and expand carbon markets offerings
Senken, the climate finance trading platform of on-chain carbon credits, announced it has raised $7.5 million in new funding, the most significant capital raise in its industry, led by Obvious Ventures.
The Carbon Blockchain expands footprint in Africa with acquisition of Minerva Green
The Carbon Blockchain (TCB), a carbon finance and technology services company that produces high-integrity carbon credits has announced the acquisition of Minerva Green.
Italian biodiversity startup 3Bee raises €5m to scale the protection of pollinators in Europe
Italian-based scale-up 3Bee (a world with bees), which operates both in the B2C and B2B protection of ecosystems and pollinators area has raised €5 million series A funding round.
Agroforestry startup Propagate raises $10m Series A funding to accelerate growth
Propagate, a commercial agroforestry platform, has closed a $10 million Series A led by Belgium-based The Nest.
IBM announces five members selected for its Sustainability Accelerator programme
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.
Hong Kong and Singapore lead green fintech development among the five economies in the APEC region, study
GoImpact, together with The CUHK Business School, released the findings from their working paper, Exploring the Green Fintech Ecosystem in Asia: Insights from Five Economies in APEC.
Żabka Group, Kozminski Business Hub launch second edition of acceleration programme for Polish environmental startups
Żabka Group in collaboration with Kozminski Business Hub, a Kozminski University organisation which seeks and supports startups, is launching the second edition of the acceleration programme.
German startup Dryad closes €10.5m Series A funding to speed up early wildfire detection technology
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.
D3 launches first cohort of startups to accelerate scaling of carbon dioxide removal solutions
Global climate technology accelerator Third Derivative (D3), has launched a focused cohort of five promising startups working on durable carbon dioxide removal (CDR) solutions.
Carbon Business Council launches to create a seat at the policy table for carbon management startups
The Carbon Business Council (CO2BC) has launched, to advocate for early-stage companies focused on removing, utilizing, and managing carbon dioxide.
Cleantech startup Greener Process Systems develops modular system to capture maritime and industrial emissions
Greener Process Systems filed a series of patents that demonstrate their focus will expand to general industrial applications as well as further developments in CO2 capture, storage and re-utilization.
Climentum Capital raises €150m to invest in European early-stage tech startups attacking CO2 emissions
Climentum Capital announced it has raised €150 million for investments into European early-stage tech companies attacking CO2 emissions.
Temasek launches investment platform GenZero to accelerate decarbonisation globally
Temasek announced the launch of GenZero, a wholly-owned investment platform company dedicated to accelerating decarbonisation globally.
Vancouver cleantech startup VoltSafe introduces electrical technology to reduce the effects of inflation
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
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.
CE-Creates merges with hatch & boost in MENA's first venture-builder merger for startups
CE-Creates, the business incubation platform of Crescent Enterprises, has completed the merger of its portfolio of startups with hatch & boost, an Abu Dhabi-based venture-builder dedicated to ‘hatching’ startup ideas.
Vietnam-based sustainability startup EQUO raises $1.3m for eco-friendly options
Vietnam-based sustainability company, EQUO, has raised $1.3 million in seed funding. Leading the seed round is NextGen Ventures with participation from Techstars and East Ventures.
Ecosystem restoration startup Lord of the Trees raises $1.25m pre-seed round to upscale environmental protection
Lord of the Trees, a full ecosystem restoration company that uses precision drone planting technology to restore degraded landscapes, announced a $1.25 million pre-seed funding round.
Climate tech startup Cambium Carbon raises $3m seed funding to reinvent the wood supply chain, reduce carbon emissions
Cambium Carbon PBC announced a $3.2 million seed round investment led by MaC Venture Capital, supported by Soma Capital, Joe Tsai, Revolution's Rise of the Rest Seed Fund, Blue Ivy Ventures and others.
FirstEnergy invests $2.5m venture capital fund in Energy Impact Partners' to advance sustainable energy future
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
Australian climate tech company UPowr, launched its flagship climate software solution Helios in beta mode to select partners.
Climatetech startup Greentown Labs appoints Kevin Taylor as new CFO
Greentown Labs, the largest climatetech startup incubator in North America, announced Kevin Taylor as Chief Financial Officer (CFO).
UK's carbon offset ratings startup Sylvera raises $32m funding to become source of truth in carbon markets
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
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.
TDK Ventures backs innovative nanomaterials coating technology startup, actnano
TDK Ventures has invested in the Series B financing of actnano, a nanomaterials technology company that is setting new standards for electronics protection with its water and environmental-resistant smart coating solutions.
French high-tech startup PlanetWatch selects city of Miami to deploy air quality monitoring network
PlanetWatch, the world's first decentralized indoor and outdoor air quality monitoring network built on the Algorand blockchain, has selected the city of Miami to deploy a network of its sensors citywide.
Bio-material tech startup Cruz Foam closes $2.5m seed funding to accelerate circular protective packaging solutions
Cruz Foam, a mission-driven sustainable materials company, announced it has closed $2.5 million in seed funding in a raise led by At One Ventures to enable the transition toward a circular economy.
Miami-based VC firm Borderless Capital closes $10m PLANETS.Fund to build green data economy on Algorand
Borderless Capital, the Miami-based venture capital firm dedicated to the Algorand ecosystem, announced the closing of PLANETS.Fund, a $10 millionn fund focused on building a green data economy.
Estonian-based fintech startup Fairown secures €4.2 Million funding to invest in waste reduction
Estonian-based fintech company Fairown will fuel international growth and empower more brands to shift from a linear to a circular economy.
Canadian energy startup Pani secures $8m to scale up AI solution to improve water and energy efficiency in water treatment facilities
Pani, a Canadian software-as-a-service (SaaS) company, announced the completion of an oversubscribed $8 million CAD capital raise.
Israeli startup RepAir Carbon closes $1.5m seed round to develop cell for modular Direct Air Capture
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.
Madagascar Time startup launches charity cryptocurrency $TIME to fight climate change
Madagascar Time startup has launched $TIME, the new cryptocurrency focused on charity work around the globe. Backed by an international team, $TIME combines unprecedented technology in the crypto space with social entrepreneurialism.
Recreational vehicle startup RINDEV announces preorder reservations of its experience driven electric side by side
Recreational vehicle disruptor, RINDEV, announced the opening of preorder reservations for their exciting and futuristic electric side by side, designed to address issues of global warming and overall experience.
IFC’s TechEmerge partners with logistics startup Kobo360 to pilot sustainable cooling innovations in Nigeria
Eleven global innovators have been selected to partner with 15 leading Nigerian companies to pilot cost-effective, climate-smart technologies to strengthen the country's temperature-controlled logistics supply chain.
Toyota AI Ventures rebrands as Toyota Ventures, adds $300m to invest in emerging technologies and carbon neutrality
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
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.
Predictive analytics startup Gridware raises $5.3m seed round to curb catastrophic wildfires
Predictive analytics startup Gridware announced a $5.3 million seed round investment co-led by Fifty Years and True Ventures, with participation from Y-Combinator.
Techstars joins Cleantech.org $100,000 GS Beyond Energy Innovation Challenge
Cleantech.org and Techstars announced that Techstars is joining the Cleantech.org GS Beyond Energy Innovation Challenge as an Accelerator Partner.
Hearable tech startup Noopl launches directional hearing device to enhance hearing in loud environments
Tech startup Noopl announced the availability of its acclaimed iPhone compatible directional hearing device to enhance hearing in loud environments to U.S. consumers.
Robotics startup ViaBot announces public launch with $6.1m in funding
ViaBot, a robotics startup bringing maintenance and management automation to large properties, announced its public launch with $6.1 million in funding.
Bechtel partners with climatetech startup incubator Greentown Labs to drive energy transition in Houston
Bechtel announced partnership with Greentown Labs in Houston, the city's first-ever climatetech startup incubator, to drive energy transition in Houston.
UK-based startup Cquestr8 raises $300k seed capital to develop safe & permanent carbon sequestration solution
Cquestr8, 2020 winners of the Climate-KIC's ClimateLaunchpad "Next Big Thing" prize, has secured funding to develop their unique carbon sequestration solution, leveraging natural processes to safely lock away CO2 as stable ocean bicarbonate.
Climatetech startup Persefoni raises $9.7m in Series A funding round
Persefoni, an intelligent carbon accounting and management platform for enterprises and investors, announced it has raised $9.7 million in its Series A financing round. Rice Investment Group led the round, with participation from NGP ETP and Sallyport Investments.
Finnish biotech startup Carbo Culture sets to remove 1billion tons of carbon from atmosphere by 2030
Carbo Culture, a biotech startup commercialising large-scale carbon removal, has a north star vision to remove 1 billion tons (1Gt) of carbon from the atmosphere by 2030.
Energy Transition Ventures launches first venture capital fund in Texas dedicated to energy transition
Energy Transition Ventures (ETV) has launched as the first venture fund in Texas exclusively dedicated to investing in energy transition technologies.
dClimate raises $3.5m seed round to create first decentralized network for climate data
dClimate, the first decentralized network for climate data, announced the closing of an oversubscribed $3.5 Million seed financing round led by CoinFund, with participation from Multicoin Capital and Republic Labs.
Berlin-based startup betteries secures €2.1m seed funding to upcycle electric vehicle batteries, avert climate change
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.
Dryad secures €1.6m funding to accelerate development of wildfire detection solution
Dryad is developing Silvanet to help public and private forest owners monitor, analyze and protect the world's largest, most remote forests and tackle the devastating impact of wildfires on the environment.
Korean startup Real Water's unique solution to keep microplastics at bay
Korean startup Real Water has come up with a unique solution to filter out microplastics from bottled water to reduce synthetic polymer contamination, a major health concern bothering experts since 2019 when it was first researched.
Sustainable lawn care startup Sunday enters mass retail market
Eco-friendly startup Sunday announced that its innovative line of lawn, pest, and yard care products will now be available for purchase at Walmart stores throughout the country.
EUNIKE Ventures partners with Foresight to accelerate growth of cleantech ventures in Canada
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.
Kenyan organics recycling startup Sanergy receives funding to scale operations regionally
With AXA IM Alts’s support, Sanergy would be well-positioned to scale its operations in Kenya and across the region.
One Planet Fellowship: Investing in the next generation of African scientists
African Women in Agricultural Research and Development (AWARD) has announced that the call for third cohort of the One Planet Fellowship is now open as it seeks to invest in the next generation of African scientists.
Agritech startup Bear Flag Robotics raises $7.9m seed extension round
Bear Flag Robotics announced a $7.9 million seed extension funding round led by True Ventures. The Silicon Valley-based agritech company is developing autonomous technology for farm tractors, which enables growers to increase productivity.
Taiwanese startup VitalSigns debuts at CES 2021 with air quality monitoring IoT device
Following its previous successes in bio-signal monitors and connective health, VitalSigns Technology shifted gears and entered the IoT industry with its outstanding biosensor and physiological monitoring development capabilities.
Autonomous sweeper from Berlin startup approved for public road use in Singapore
The autonomous compact sweeper "Donner", developed by a consortium led by ENWAY and Bucher Municipal, has passed the Land Transport Authority's approval test for autonomous vehicles for use on public roads.
UK next generation plastic start-up Xampla accelerates growth with £6 million seed investment
University of Cambridge spin-out Xampla has announced it has closed a £6.2m seed finance round, led by the backers of Zoom, to accelerate the roll-out of its next generation plastic replacement.
BrandBase launches Jungle Cup; first plastic-free, home compostable disposable cup
Jungle Cup is the world’s first plastic-free disposable coffee cup that biodegrades in 12 weeks without industrial processing, introduced by BrandBase.
US startup Topl builds blockchain for Environmental, Social and Governance Global initiatives
Topl, the blockchain ecosystem built to prove a company’s ethical and sustainable practices, has announced the closing of $3 million in seed funding led by Mercury Fund.
Plant-based activewear startup TVAAG launches on Kickstarter
Plant-based activewear startup TVAAG announced its launch on on Kickstarter. Founded in P.E.I in 2020, TVAAG uses a combination of Indian traditional textile manufacturing principles and modern fabric technology in sustainable fashion.
UK Government selects London startup Kooling to receive sustainable innovation fund
Innovate UK, the UK's innovation agency has awarded London based startup Kooling a share of its £191 million Sustainable Innovation Fund.
Techstars launches sustainability challenge
Techstars, the worldwide network that helps entrepreneurs succeed, has announced it is accepting entries for the Techstars Sustainability Challenge from anyone with ideas for how to reduce the significant toll global supply chains have on the environment.
Peer-to-peer solar leasing startup Sun Exchange announces African expansion in Zimbabwe
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
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.
AI startup ATLAN Space raises $1m Series A funding from Maroc Numeric Fund II for expansion
Aerial vehicle Artificial Intelligence startup ATLAN Space has raised $1m Series A funding from Maroc Numeric Fund II with participation from Hilmi Law Firm and Cadex Group, for business expansion.
Cleantech startup Skeleton Technologies joins European Clean Hydrogen Alliance
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
Skeleton Technologies, global cleantech 100 company and largest European manufacturer of ultracapacitor-based energy storage, has completed a €41.3 million financing round.
SeaAhead, New England Aquarium announce BlueSwell incubator's first cohort of selected startups
SeaAhead, Inc. and the New England Aquarium have selected the first cohort of six startups for the BlueSwell Incubator Program, New England's first dedicated, early-stage bluetech incubator.
Dutch tech startup Avy completes successful test flight with first solar fixed-wing drone
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.
Norwegian Katapult Ocean invests in cleantech startup ecoSPEARS for access to clean water, food, and air
Norwegian Group Katapult Ocean has invested in ecoSPEARS, a cleantech startup that uses patented NASA environmental technologies to clean toxins from sediments, soil and groundwater, to enhance access to clean water, clean food, and clean air.
German environmental IoT startup Dryad raises €1.8m for ultra-early wildfire detection system
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.
Polish cleantech startup Airly raises $2m for global air quality platform
Polish cleantech startup Airly announced a $2 million pre-seed round to scale its AI-powered air quality platform globally, led by Giant Ventures, the multi-stage fund backing purpose-driven technology companies.
S2G Ventures, CDPQ announce funding for startups in sustainable food business
Caisse de dépôt et placement du Québec (CDPQ) and S2G Ventures (S2G) have announced creation of a co-investment partnership that will target ventures that aim to make the food and agriculture industry more sustainable.
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.
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.
Tech startup MITO Material Solutions announces oversubscribed $1m Series Seed funding round
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.
Irish agtech startup MagGrow raises €6m Series A round
Irish startup MagGrow, the agtech innovator that specialises in delivering crop protection products where they matter most while protecting the environment, has completed a €6m Series A round.
[Startup Interview] Kaxton Kabogoza, Founder, Kenda Interlocking Bricks, Kenya
Kenda Interlocking Bricks is a Kenya start up in the manufacturing sector that is championing the use of eco-friendly and affordable construction materials as it seeks to bridge the housing deficit in Kenya and the East African region. Engineer Kaxton Kabogoza the founder explains.
British startup Planet Smart City partners with UN-Habitat on slum upgrading initiatives in Kenya
British startup Planet Smart City has joined forces with the United Nations Human Settlements Programme, UN-Habitat to provide digital tools, community management and social innovation to help improve lives in informal settlements in Kenya.
UK startup Quantexa raises $64.7m to drive hyper-growth in big data and analytics ecosystem
Quantexa, the contextual decision intelligence software company, announced that it has raised $64.7 million in Series C funding led by Evolution Equity Partners, with major participation from existing investors.
French startup AB Tasty raises $40m to lead in experience optimization, feature management markets
French startup AB Tasty announced a Series C round of funding to revolutionize how companies deliver the best brand and product experiences.
Swiss cleantech stratup Insolight closes Series A financing with €4.6 million
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.
Italian startup TIM, United Ventures launch €150m capital fund to support investments in mature innovative enterprises
Italian startup TIM signed an agreement with United Ventures to launch UV T- Growth fund that will support investments in mature innovative enterprises and SMEs in order to develop technological projects in Italy and abroad.
Seattle based startup Polyarc raises $9 million for augmented reality development
Seattle based startup Polyarc announced the close of its $9 million Series B fund raise led by Hiro Capital, followed by Vulcan Capital, an existing investor, and Galaxy Interactive via its Galaxy EOS VC Fund.
EHF Marketing GmbH, Monaco startup IQONIQ partner to drive fan engagement in European club handball competitions
EHF Marketing GmbH, the marketing subsidiary of the European Handball Federation, announced its partnership with IQONIQ, an innovative new fan engagement platform made for sports and entertainment.
Monaco headquartered startup IQONIQ secures €100m for global expansion
IQONIQ, a new fan engagement platform exclusively targeting the world of sports and entertainment, announced it has entered into a €100 million capital funding agreement with the Luxembourg based investment corporation Lux Media Investments.
Swiss startup Advertima raises €15m Series A funding to make smart retail spaces a reality
Advertima, an emerging computer vision platform provider, announced the close of a €15 million Series A investment round led by existing shareholder Swiss real estate company, Fortimo Group.
Kenyan agritech startup Lentera, MCFI ink deal to provide satellite based crop analysis for Mauritian farmers
The Mauritius Chemical and Fertilizer Industry (MCFI), and Lentera Africa have signed a partnership that will see Lentera provide satellite-based crop health analysis and crop modelling services for Mauritian customers of MCFI.
SAP.iO Fund invests in San Francisco based reference checking startup Crosschq
SAP SE investment arm, SAP.iO Fund, has backed Crosschq, a San Francisco based company that provides a platform for creating and sharing candidate references.
Evonik invests in Chinese tech startup to support intelligent, healthier pig farming
Evonik’s venture capital arm has invested in SmartAHC, a Chinese technology startup that enables more intelligent and healthier pig farming.
African AI startup Superfluid Labs receives investment from ShEquity
GreenTec Capital announces that Superfluid Labs was selected as the first investment for the newly launched ShEquity investment vehicle which focuses on providing smart and sustainable investments for African female entrepreneurs.
Xavier Chapel joins GreenTec as Head of Venture Building
GreenTec Capital announces that Xavier Chapel has joined the team in the role of Head of Venture Building, to leverage his extensive international and entrepreneurial experience in selecting startups that best fit GreenTec investment criteria.
French startup iObeya raises $17m to revolutionize visual management, expand its U.S. footprint
iObeya, a leading provider of Enterprise Visual Management software, announced it has raised $17 million in a second round of funding from Red River West with participation from Atlantic Bridge Capital and Fortino Capital Partners.
London based health tech startup Closed Loop Medicine secures £250,000 Innovate UK continuity funding
Closed Loop Medicine (CLM), London based therapeutics and health tech company has secured a £250,000 COVID-19 Innovate UK Continuity Funding award to support its ongoing clinical research programme.
Go Ignite partners seek 5G use cases in global call for startups
Following the success of its previous global calls for startups, Go Ignite, an alliance of four leading global telcos, has launched Go Ignite: 5G Open Call for Startups to engage startups or venture capital-backed companies.
Spanish medtech startup QUIBIM closes €8 million investment round
Spanish Medtech startup QUIBIM has closed €8 million new financing in a seed funding round co-led by Amadeus Capital Partners and Adara Ventures.
Moroccan learning startup KoolSkools raises $417,000 for local, international expansion
Moroccan learning platform KoolSkools has raised $417,000 from Maroc Numeric Fund II an unnamed business angel.The investment will be used to finance the development of KoolSkools both in Morocco and internationally.
Moroccan fintech startup OnePay announces $417,000 investment from Maroc Numeric Fund II
OnePay, a Moroccan fintech startup that operates as a distributor of means of payment and aggregator of payment and value-added services in electronic transactions announced a $417,000 investment from Maroc Numeric Fund II.
[Startup Interview] Vimbai Malandu, Co-Founder, YuPlan Limited, Zimbabwe
YuPlan Limited is a Zimbabwe digital startup that allows customers to book a venue from anywhere in the world. The platform holds a selection of venues from office spaces, residential plots, gardens, school halls and sports fields among others.
Cornish startup Codices raises $800,000 seed round
Codices Interactive, a Cornish startup from the Falmouth Launchpad Incubator has closed its $800,000 seed round of funding led by the Cornwall and Isles of Scilly Investment Fund (CIOSIF) and Haatch Ventures.
Futuregrowth invests in South African online services disruptor startup SweepSouth
Futuregrowth has invested in SweepSouth, a disruptive online platform for booking, managing and paying for home cleaning, and now a variety of other services.
Kenyan startup PayGo Energy announces strategic investment from Saisan
PayGo Energy, an Energy Access Ventures portfolio company, has secured a strategic investment from Saisan, a leading Japanese energy company.
Dutch fintech startup BUX launches zero-commission investing app to French users
Dutch fintech startup BUX has launched its zero-commission investing app to French users, making it the first neobroker of its kind in the market.
Belfast health tech firm Neurovalens picked for UK startup scheme
Neurovalens, the Belfast tech company behind a headset developed to treat neurological health issues has been chosen for a major UK-wide programme.
Dutch startup Cevinio raises €4.5m to accelerate international growth
Cevinio, a fast-growing Accounts Payable software company from Rotterdam has raised €4.5 million from Endeit Capital and CNBB Venture Partners.
Dutch online startup, scale-up community funds international research into COVID-19
Eighteen entrepreneurs from the Dutch online startup and scale-up community are joining forces to finance an international study by Erasmus MC into the clinical picture of COVID-19.
South African animation and gaming startup Sea Monster secures $1m funding
Animation, gaming and AR/VR company Sea Monster announced the conclusion of a $1m investment from FirstRand’s Vumela Fund.
Exelon names first round startups of the $20 million climate change investment initiative
The Exelon Foundation and Exelon Corporation have selected 10 startups to receive a combined $1 million in direct funding to develop new technologies to mitigate the impacts of climate change.
Pan-European micro-mobility startup Voi achieves profitability in June, secures $30m funding
Voi Technology, the pan-European micro-mobility leader announced it has reached its first-ever monthly profit at group level for the month of June, less than two years since it launched the e-scooter service which now operates across 40 cities.
French startup Ponicode raises €3m to develop Artificial Intelligence for improved code quality
Ponicode, a French start-up specialising in Artificial Intelligence and data sciences has announced a €3 million fundraising led by founder-friendly European VC, Breega, alongside Kima and Plug & Play Ventures.
London based startup TOffeeAM raises £1m in Seed funding to expand its innovative team
TOffeeAM, an Imperial College spin-out that optimizes product designs for Additive Manufacturing (AM), also known as 3D printing, has raised £1 million in seed funding.
[Startup Interview] Sanyogita Patil, CEO, Ahlan Emirate, United Arab Emirates
As small businesses struggle with visibility and constrained marketing budgets, Ahlan Emirate, a startup based in United Arab Emirates has introduced a unique marketing offering that includes free SEO, increased web presence and connecting these businesses to prospective customers through its digital directory.
CDC backs Helios Investment with $100m commitment
CDC Group, UK’s development finance institution and leading impact investor, has committed $100 million to Helios Investors IV, the fourth private equity fund raised by Helios Investment Partners, a leading Africa-focused private equity firm.
IFC helps boost clean tech startups in Egypt, enables farmers switch to solar
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.
[Startup Interview] Anton Herbst, CEO, Vincula Holdings, South Africa
Vincula Holdings, domiciled in Johannesburg South Africa, is a startup connecting employers, project sponsors, contractors, subcontractors and suppliers through a platform that also seeks to provide participants with worldwide and focused exposure to grow their market share.
Dutch startup Open Social raises €1.25m for service expansion
Amsterdam-based B2B SaaS platform for building online communities Open Social has raised €1.25 million investment from Peak Capital and Nimbus Ventures.
AWIEF launches Enterprise Development for Women-Owned Ventures in Green Energy Startup Incubator
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.
UK property startups Goodlord and Vouch come together to create new market leader
Property technology company Goodlord will be joining forces with referencing platform Vouch, bringing the fast-growing Vouch business into the Goodlord group.
British Business Investments announces €120m commitment to LGT Capital Partners funds
British Business Investments, a commercial subsidiary of the British Business Bank, announced the third commitment through its £500m Managed Funds Programme.
Eir Ventures announces first close of €76m fund to leverage untapped potential of health care innovation
Eir Ventures, a Nordic Life Science Venture Fund, announced a first close of its new fund of €76 million to leverage untapped potential of health care innovation.
Wazoku acquires US open innovation leader InnoCentive, raises additional £1.25m to support global growth
Wazoku, idea management software and services firm has announced a new funding round of £1.25M, led by Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) specialist.
The Digital Africa seed fund off to a promising start, offers customized support for African startups
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
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.
U.S. electric-vehicle startup Fisker completes $50m private financing to launch its Ocean all-electric luxury SUV in 2022
Fisker, designer and manufacturer of the world’s most emotionstirring, eco-friendly electric vehicles and advanced mobility solutions announced the successful completion of a $50 million Series C financing round.
Enygma Ventures invests $1m in Zambian fintech startup Lupiya
Enygma Ventures has made a $1 million investment in Zambian based micro finance startup, Lupiya. This investment, will enable Lupiya to continue to scale and roll out its services.
UK startup NumberEight raises $2.3m seed round from Nauta Capital to predict consumer behaviour
NumberEight, a contextual intelligence platform for mobile devices that predicts consumer context to deliver the right content at the right time, has closed a $2.3 million seed round led by Nauta Capital.
German startup NavVis receives €20m funding from the European Investment Bank
The European Investment Bank (EIB) and NavVis signed a contract financing of €20 million to NavVis, a global market leader in digital twin technology.
[Startup Interview] Ian Sendagala, CEO, eFoods Trade, Uganda
eFoods Trade is an African online B2B marketplace connecting African foods to the global markets. The platform targets food importers, exporters, distributors, and manufacturers. Ian Sendagala the CEO explains.
[Startup Interview] Sam Bediako-Asante, Founder, Sambed Consult, Ghana
Sambed Consult in Ghana offers management consultancy services targeting MSMES with a view to helping them improve their management and organizational performance. Sam Bediako-Asante, the startup’s founder elaborates.
Nigeria's FCMB, Passion Incubator partner to launch FCMB Agritech Epic Pitch 2020
Nigeria's First City Monument Bank (FCMB) has partnered with Passion Incubator, a Lagos-based early-stage incubator and accelerator that has invested in some Agritech startups, to launch the virtual edition of the FCMB Agritech Epic Pitch 2020.
GreenTec Capital invests in Nigerian wholesale e-commerce startup Pricepally
GreenTec Capital Partners announced its investment in Pricepally, an innovative digital Nigerian wholesale platform allowing users to purchase food and other products either individually or as a part of a group.
French startup Koala closes €1.6m seed round led by Insurtech Gateway
Paris based insurtech Koala announced an investment of €1.6 million led by London based incubator and fund Insurtech Gateway alongside Playfair Capital, Techstars Ventures and private investors.
ETF leads €7 million investment in Finnish startup Basemark
Basemark, a leading software company specialising in graphics and autonomous driving vehicle software, has successfully concluded a €7 million equity funding round by ETF Partners.
[Startup Interview] Rajat Dayal, CEO, Yabx, India
Yabx targets the unbanked population in the emerging markets of Africa, Asia, and Latin America by leveraging the digital footprints of an individual and providing tailor-made financial services. The startup’s founder and CEO Rajat Dayal explains.
British biotech startup Freeline closes $120m Series C financing round
Freeline, a biotechnology company focused on developing curative gene therapies for chronic systemic diseases announced the closing of a $120 million extended Series C financing.
Ingressive Capital grows African tech fund to $10 million
Ingressive Capital has doubled its investment vehicle to back high-growth, tech-enabled startups across Africa, and now operates a $10 million fund.
New York fintech startup CMG raises $25m to digitally connect equity capital markets participants
Capital Markets Gateway (CMG), a New York based financial technology firm modernizing the equity capital markets (ECM) announced it received a strategic investment of $25 million from several financial firms.
U.S. based startup Andela to double engineering talent pool with Pan-African expansion
Andela, the global talent network that helps companies build remote engineering teams, will now accept engineers from all African countries, expanding its presence from six countries to the entire continent.
Privacy software company OneTrust acquires Seattle based startup Integris
Atlanta-based privacy, security, data governance, and compliance technology company OneTrust announced its Integris Software acquisition.
French startup Unlatch raises $5.8m funding round by AXA Venture Partners
Unlatch, a French pioneer in digital real estate sales, announced a $5.8 million financing round, including $4.5 million in equity from AXA Venture Partners and $1.3 million in debt.
Belgium startup e-peas raises further €8 million in VC for long term growth
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.
Estonian startup Veriff closes $15.5 million financing round for global expansion
Estonian identity verification startup Veriff closed a financing round of $15.5 million to ramp up global growth and sales to enterprise customers prior to a larger B-series financing round planned in the future.
MFS Africa acquires East Africa fintech startup Beyonic
East Africa fintech startup Beyonic announced that the company has been acquired by MFS Africa. MFS Africa operates Africa’s largest digital payments hub, connecting more than 200 million mobile wallets on the continent.
Nigerian fintech startup Wallets Africa raises undisclosed amount for African expansion
Nigerian fintech startup Wallets Africa has raised an undisclosed amount of funding to expand its operations and continue its quest to become Africa’s foremost borderless digital payments platform.
E-mobility startup Bolt launches electric bikes in Paris
E-mobility startup Bolt has announced the introduction of four and two-wheeled vehicles for Parisian urban commuters, who will now have the opportunity to get from A to B on a Bolt electric bike.
Forestry startup Timbeter collaborates with Costa Rica government to support digitization of forest management
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.
UK startup Greyparrot raises €2 million in seed funding round to revolutionise recycling with waste recognition software
AI tech startup Greyparrot has raised €2 million to tackle the growing waste crisis by introducing digitisation and automation to recycling.
Mitsui Chemicals, UNEP support Asian startups helping reduce plastic waste
Mitsui Chemicals announced that it has selected three innovative Asian startups to receive support under the Asia–Pacific Low-Carbon Lifestyles Challenge (APLCLC), a program run by the United Nations Environment Programme.
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