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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 4010353 | Tags:



Mobilo secures $4.1m in seed funding to revolutionize business networking
Published: 26-07-2023 | 12:54:00 | By: Pie Kamau
Mobilo, the maker of first smart business cards, has raised $4.1m in seed funding.


Vesalius Biocapital announces first close of fourth fund raising €95m
Published: 29-06-2023 | 15:27:00 | By: Pie Kamau
Vesalius Biocapital announced the first close of its fourth fund, Vesalius Biocapital IV, securing over €95m.


Kenyan fashion e-Commerce startup ShopZetu raises pre-seed funding to fuel growth of its marketplace
Published: 29-06-2023 | 14:25:00 | By: Pie Kamau
Kenyan fashion e-Commerce startup ShopZetu has raised $1m pre-seed funding.


Brex taps Jason Mok to support the next generation of founders
Published: 29-06-2023 | 13:51:00 | By: Pie Kamau
Brex announced that Jason Mok has joined the team to support commitment to serving startups and their founders.


IP Fabric announces $25m Series B funding to accelerate adoption of network assurance
Published: 29-06-2023 | 13:35:00 | By: Pie Kamau
IP Fabric announced it has closed $25 million Series B funding round.


Swiss medtech startup Berlin Heals completes financing round for its ongoing CE- study
Published: 29-06-2023 | 13:15:00 | By: Pie Kamau
Berlin Heals has developed a breakthrough method for therapy of heart failure.


Belgian startup NineID raises $2.6m to bridge the digital and physical worlds of corporate security
Published: 28-06-2023 | 11:23:00 | By: Pie Kamau
Belgian startup NineID announced raising $1.2m, closing its $2.6m seed round.


Kenyan startup MESH grows to reach 150,000 young entrepreneurs
Published: 28-06-2023 | 11:02:00 | By: Pie Kamau
Kenyan startup MESH, announced it has reached 150,000 members.


Nigerian healthtech startup Helium Health raises $30m Series B funding
Published: 28-06-2023 | 10:44:00 | By: Pie Kamau
Helium Health announced it has raised $30 million in Series B funding.


AdvisorCheck raises $1.8m to transform the way people vet and monitor financial advisors
Published: 28-06-2023 | 10:27:00 | By: Pie Kamau
AdvisorCheck has announced its $1.8 million seed round of funding.


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


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.


NBA superstar Chris Paul joins plant-based startup Wicked Kitchen as investor
Published: 27-06-2023 | 18:20:00 | By: Pie Kamau
10-time NBA All-Star Chris Paul has joined the Wicked team as an investor.


Federato raises $25m Series B funding to continue catalyzing insurance's "AI moment"
Published: 27-06-2023 | 18:03:00 | By: Pie Kamau
Federato has raised $25 million in Series B funding led by Caffeinated Capital.


Kenyan mobility startup Stima secures €100k investment
Published: 27-06-2023 | 17:45:00 | By: Pie Kamau
Stima Mobility has secured €100,000 investment from DEG Impulse.


Seedstars, Fondation Botnar launch youth Wellbeing Ventures with $20m investment in Africa
Published: 27-06-2023 | 17:36:00 | By: Pie Kamau
Seedstars Capital and Fondation Botnar have invested $20m for early-stage startups.


The role of crypto-friendly banks in facilitating financial inclusion, Plug and Play
Published: 26-06-2023 | 13:16:00 | By: Pie Kamau
Financial inclusion is a key aspect of economic growth and development.


Molten Ventures leads €5m round in Oliva to expand workplace mental health support
Published: 26-06-2023 | 12:15:00 | By: Pie Kamau
Molten Ventures has led a €5 million round in Oliva.


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.


AI-enabled startup AvoMD raises $5m to combat clinician burnout
Published: 26-06-2023 | 11:44:00 | By: Pie Kamau
AvoMD announced it has closed $5 million in seed funding led by early-stage venture fund AlleyCorp.


SEI appoints Sneha Shah as Head of New Business Ventures
Published: 20-06-2023 | 15:59:00 | By: Pie Kamau
SEI has announced the appointment of Sneha Shah as an Executive Vice President and Head of New Business Ventures.


Stellantis Ventures seeds innovation with investments into sustainable mobility
Published: 16-06-2023 | 15:21:00 | By: Pie Kamau
Stellantis Ventures has been formed to support 'Dare Forward 2030' strategic plan.


Haul247 secures $3m seed funding to drive innovation in Africa’s logistics industry
Published: 16-06-2023 | 15:07:00 | By: Pie Kamau
Haul247 has raised $3 million in a seed funding round.


Germany joins Europe Startup Nation Alliance (ESNA)
Published: 16-06-2023 | 14:43:00 | By: Pie Kamau
Germany Trade & Invest (GTAI),  Europe's largest economy, has joined Europe Startup Nation Alliance (ESNA).


Orange partners with Digital Africa to strengthen the growth of African startups
Published: 16-06-2023 | 14:12:00 | By: Pie Kamau
Orange has partnered with Digital Africa, to promote and strengthen African startups.


Decentralized identity startup Intuition raises $4m funding round
Published: 16-06-2023 | 13:56:00 | By: Pie Kamau
Decentralized infrastructure provider Intuition has raised $4 million in a seed round fundraise.


Chatbots with fraud detection software are revolutionizing underwriting, Plug and Play
Published: 14-06-2023 | 16:38:00 | By: Pie Kamau
Chatbots are dramatically reshaping the insurance industry.


Manganum attracts second round of seed investment from Mitgo
Published: 14-06-2023 | 16:20:00 | By: Pie Kamau
Manganum has received has two rounds of investment from global IT company Mitgo.


Hexagon calls for startups to apply for its third Sixth Sense cohort
Published: 14-06-2023 | 15:50:00 | By: Pie Kamau
Hexagon's Manufacturing Intelligence division has announced a call for startups to apply for its third Sixth Sense cohort.


Foodtech startup PartnerSlate raises $4m from to accelerate growth
Published: 14-06-2023 | 15:33:00 | By: Pie Kamau
PartnerSlate has raised $4 million round led by Supply Change Capital.


German autonomous, electric trucking startup FERNRIDE raises $31m Series A funding
Published: 14-06-2023 | 15:01:00 | By: Pie Kamau
FERNRIDE has secured $31m Series A funding.


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.


Financial IT launches Fintech Pathfinder, showcasing the most promising fintech startups
Published: 13-06-2023 | 10:36:00 | By: Pie Kamau
Financial IT announced the launch of its highly anticipated Fintech Pathfinder.


AI-driven pet biometrics startup Petnow launches in France
Published: 13-06-2023 | 10:19:00 | By: Pie Kamau
Petnow, the provider of advanced pet identification solutions, announced the expansion of its groundbreaking app to the French market.


Montfort Ventures opens inaugural branch in San Diego, California
Published: 13-06-2023 | 10:04:00 | By: Pie Kamau
Montfort Ventures, a boutique startup fundraising advisory firm, announced the opening of its inaugural branch in San Diego.


Customer success platform ZapScale secures $2.5m seed funding to accelerate growth
Published: 13-06-2023 | 09:44:00 | By: Pie Kamau
ZapScale announced it has successfully raised $2.5 million in seed funding.


Volvo Group Venture Capital invests in Trucksters to manage innovative relay trucking in Europe
Published: 12-06-2023 | 16:06:00 | By: Pie Kamau
Volvo Group Venture Capital has invested in Madrid based startup, Trucksters.


SAP selects YOOBIC for an exclusive startup program
Published: 12-06-2023 | 15:52:00 | By: Pie Kamau
YOOBIC, the all-in-one Frontline Employee Experience Platform, announced it has been selected by SAP.


Mental health startup Anise raises $1.2m pre-seed to expand culturally-responsive care
Published: 12-06-2023 | 15:36:00 | By: Pie Kamau
Anise Health, a digital mental health company, completed $1.2m pre-seed round.


[Column] Patrick Ndegwa: Journey to the centre of the cloud; why Kenya should store data locally
Published: 12-06-2023 | 15:16:00 | By: Pie Kamau
Kenyan businesses are migrating to the cloud en masse.


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


[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Published: 09-06-2023 | 12:40:00 | By: Pie Kamau
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo.


Cambridge-based biotech startup Uncommon raises $30m
Published: 09-06-2023 | 12:27:00 | By: Pie Kamau
Biotech startup Uncommon has raised $30m to pave way for scalable cultivated meat utilising RNA technologies.


Karoo Health raises $3.4m in oversubscribed seed round
Published: 09-06-2023 | 11:57:00 | By: Pie Kamau
Karoo Health announced the closing of an oversubscribed seed round of $3.4 million.


Fintech firm LemFi expands diaspora remittance services to Kenya
Published: 09-06-2023 | 11:45:00 | By: Pie Kamau
LemFi announced it has formally launched its diaspora remittance services in Kenya. 


SK networks invests $2m in AI farming Dutch startup Source.ag
Published: 09-06-2023 | 11:35:00 | By: Pie Kamau
SK networks announced it will invest $2m Series A funding round of $27 million for Source.ag.


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


Web3 and the rise of the digital asset investor, Plug and Play
Published: 07-06-2023 | 15:23:00 | By: Pie Kamau
Web3 is a more decentralized system for sharing data and managing digital assets.


Reseda Group invests $2m in five fintech startups
Published: 07-06-2023 | 15:09:00 | By: Pie Kamau
Reseda Group announced it is investing more than $2 million to support five emerging fintech companies.


GGV Capital launches NextGen Fellowship 2023 program
Published: 07-06-2023 | 14:54:00 | By: Pie Kamau
GGV Capital announced NextGen Fellowship 2023 program to promote diversity, inclusion in the tech Industry.


Aena launches the second call of its startup acceleration program
Published: 07-06-2023 | 14:42:00 | By: Pie Kamau
Aena has launched Aena Ventures, an open innovation program for accelerating startups.


WEMIX, Hub71 partner to grow global blockchain startup ecosystem
Published: 05-06-2023 | 16:20:00 | By: Pie Kamau
WEMIX and Hub71 have partnered to accelerate growth of their Web3 for startups.


[Column] Nixon Gecheo: Agtech, a pivotal force driving climate change action in agriculture
Published: 05-06-2023 | 16:02:00 | By: Pie Kamau
The agricultural sector is a significant contributor to greenhouse gas emissions.


AWS selects 25 African startups for its Fintech in Africa accelerator
Published: 05-06-2023 | 15:45:00 | By: Pie Kamau
25 African fintech startups have been selected for the inaugural AWS FinTech Africa Accelerator cohort.


Woflow acquires European startup XtremeAI to expand reach bolster AI capabilities
Published: 05-06-2023 | 15:08:00 | By: Pie Kamau
Woflow, the data infrastructure company, announced the acquisition of XtremeAI


[Kenya] Entrepreneurs tackling marine plastics problems feted
Published: 02-06-2023 | 13:30:00 | By: Bob Koigi
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.


Travel experience marketplace GetYourGuide secures $194m to accelerate global expansion
Published: 01-06-2023 | 12:56:00 | By: Pie Kamau
GetYourGuide announced the closing of $194 million in equity and credit financing.


Swiss lender Teylor secures €275m to support SMEs through its credit platform
Published: 01-06-2023 | 12:35:00 | By: Pie Kamau
Swiss fintech Teylor has secured €275m funding from Barclays and other investors.


Lawyer.com launches Million Dollar AI Challenge to expand legal access
Published: 01-06-2023 | 11:52:00 | By: Pie Kamau
Lawyer.com is ramping up a worldwide search to discover the next groundbreaking innovation in Legal AI.


[Column] Somesh Adukia: Paper versus digital; the future of work
Published: 01-06-2023 | 11:12:00 | By: Pie Kamau
Digitization is revolutionizing the way businesses operate across the globe.


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.


VOSMOS introduces DIY Virtual Events platform for user-created, customized virtual events
Published: 16-05-2023 | 12:33:00 | By: Pie Kamau
VOSMOS, a tech startup that specializes in Metaverse and virtual experiences, has launched VOSMOS.Events, a DIY or user-created virtual events platform.


African Media Agency, Africa Fintech Summit partner to promote fintech innovation in Africa
Published: 15-03-2023 | 11:28:00 | By: Pie Kamau
African Media Agency (AMA) and Africa Fintech Summit (AFTS), have announced a strategic partnership aimed at increasing awareness about the fintech industry's innovation in Africa and promoting the upcoming summit throughout the continent.


African startups land deals at European tech events
Published: 20-01-2023 | 09:02:00 | By: Pie Kamau
Seven African tech companies wooed investors, networked and showcased their products at two of the world’s biggest tech gatherings in Europe.


[Interview] Jennifer Feaster, Speaker, YouTube Creators Festival
Published: 23-11-2022 | 10:07:00 | By: Bob Koigi
Jennifer Feaster is a Managing Partner at Age Africa, an agency that combines data and creativity to develop performance driven YouTube channels, with unique content optimized for success.


GhanaWeb, Age Africa Agency sponsor YouTube Creators Festival in Ghana
Published: 17-11-2022 | 06:50:00 | By: Pie Kamau
Ghana’s leading online media platform, GhanaWeb, and Age Africa Agency, the foremost YouTube agency with a Multi-Channel Network (MCN) in Africa, are co-sponsoring the second edition of the YouTube Creators Festival.


The African Business Roundtable Project Preparation Masterclass Free Webinar, July 27
Published: 15-07-2022 | 13:44:00 | By: Pie Kamau
After discussions with a variety of advisory and investment institutions, and to further attract investment to projects, the African Business Roundtable Secretariat in association with Afreximbank has designed the “Project Preparation Masterclass”.


Digital wedding planning startup Fêtefully raises $1.3m funding to scale growth
Published: 15-06-2022 | 12:13:00 | By: Pie Kamau
Fêtefully, the revolutionary digital wedding planning platform, closed a seed round of funding worth $1.3 million to allow the company to continue business growth and scale in the marketplace.


Social group ticketing startup Fanimal raises $4m to accelerate product development
Published: 25-05-2022 | 15:10:00 | By: Pie Kamau
Los Angeles-based social group ticketing startup Fanimal, announced an acquisition of $4 million in its latest round of funding to accelerate product development.


Event tech startup Vendelux raises $2.4m seed round to provide marketers with event marketing intelligence
Published: 01-02-2022 | 12:24:00 | By: Pie Kamau
Vendelux, the premier Event Intelligence Platform that enables marketers to maximize the impact from the event marking channel, announced the closing of $2.4 million in seed capital financing.


Japanese VR startup HIKKY raises $57m Series A funding to expand its services domestically and abroad
Published: 16-11-2021 | 12:59:00 | By: Pie Kamau
Virtual reality (VR) startup and organizers of VR events in the world HIKKY raised 6.5 billion yen ($57 million) in an initial stage of its Series A funding round.


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


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


The Vendry raises $6.5m seed round to support corporate events industry with new marketplace solutions
Published: 24-09-2021 | 12:22:00 | By: Pie Kamau
The Vendry, a marketplace and professional community for corporate event planners, announced the close of a $6.5 million seed funding round led by Peter Boyce, Founder of Stellation Capital.


Tech startup KUDO launches live captioning for multilingual meetings
Published: 14-09-2021 | 16:23:01 | By: Pie Kamau
KUDO Inc., the multilingual meeting SaaS company built around a B2B managed marketplace powered by the largest network of professional conference interpreters, announced the addition of live captioning to its list of platform features.


Launch House announces $3 million in seed funding to create a community of founders and creators
Published: 25-08-2021 | 13:14:40 | By: Bob Koigi
Through in-person and online programs, individuals refine their skills, form lifelong relationships, and build category-defining startups as a cohesive community.


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


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


African businesses upbeat about Dubai Expo 2020
Published: 15-07-2021 | 10:30:00 | By: Bob Koigi
From October, every African nation will showcase their innovations and culture in designated country pavilions, for the first time in 170 years of World Expos.


Floral tech startup Something Borrowed Blooms raises $1.5m Series A funding to accelerate growth
Published: 11-06-2021 | 15:01:00 | By: Pie Kamau
Something Borrowed Blooms, the pioneer of the silk wedding flower revolution, announced a $1.5 million Series A funding round led by Callais Capital. This investment brings the total raise by the company to just over $2 million since 2015.


EventHub startup closes pre-seed round to revolutionize event sponsorship
Published: 27-04-2021 | 11:45:28 | By: Pie Kamau
EventHub officially closed its pre-seed round as the company prepares to scale up customer adoption of its sponsorship platform. The round was led by Pasadena Angels and Emerging Ventures from the LA area as well as Seattle-based Accellius Capital.


Virtual hospitality startup Vin Social announces launch of equity crowdfunding campaign
Published: 09-04-2021 | 11:51:00 | By: Pie Kamau
Virtual hospitality startup Vin Social announced its first-ever equity crowdfunding campaign in partnership with Wefunder and the Arora Project.


Virtual event startup Hubilo raises $23.5m to redefine the future of events
Published: 26-02-2021 | 13:29:00 | By: Pie Kamau
Hubilo, the global virtual and hybrid events platform, announced a $23.5 million Series A investment led by Lightspeed Venture Partners and Balderton Capital, alongside several industry experts and luminaries.


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


Canadian City MOGULS launches online startup pitch competition
Published: 11-12-2020 | 14:20:00 | By: Pie Kamau
Toronto-based City MOGULS lauched Moguls in The Making, an opportunity for startups to pitch their business in front of a panel of expert judges and live audience on December 16, 2020.