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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3781606 | 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.




















Indian agritech startup Fasal raises $12 million funding to grow its precision farming solution
Published: 12-01-2024 | 12:27:00 | By: Bob Koigi
Fasal's solution has already proven to improve crop yield and reduce operational costs at an affordable price to the individual farmer.
















The Batchery unveils its17th batch of innovative startups
Published: 26-10-2023 | 14:30:00 | By: Pie Kamau




Mudrex launches Saber.Money to offer onramp and offramp services in India
Published: 19-10-2023 | 13:09:00 | By: Pie Kamau
Mudrex announced the launch of Saber.Money to offer services to B2B clients.


Relocalize raises $2.5m seed round to decarbonize food & beverage manufacturing
Published: 10-10-2023 | 11:41:00 | By: Pie Kamau
Relocalize has raised $2.5m in the initial closing of $3.5m seed round.


Aampe secures $7.5m to accelerate AI-driven customer engagement
Published: 09-10-2023 | 10:03:00 | By: Pie Kamau
Aampe the AI-native user engagement platform, announced a $7.5m pre-series A funding round.


Applied Ventures selects seven deeptech startups to transform disruptive possibilities into reality
Published: 02-10-2023 | 14:53:00 | By: Pie Kamau
Applied Ventures selected seven deeptech startups during its fourth cohort program.


CENTA platform crosses 1m, becomes world's largest community of teachers
Published: 02-10-2023 | 12:47:00 | By: Pie Kamau
Centre for Teacher Accreditation recently launched its enhanced native app, CENTA.


STHL East Africa bets on demand for power tools to grow revenues
Published: 29-09-2023 | 13:30:00 | By: Bob Koigi
German power tools manufacturer, STIHL East Africa, has reported a significant increase in revenue in its first year of operation since upgrading its marketing office to a fully-fledged sales subsidiary.


UnitX raises $5m to elevate manufacturing quality with AI-powered defect detection
Published: 28-09-2023 | 15:20:00 | By: Pie Kamau
UnitX has announced a $5m investment from SE Ventures.


Hexagon announces nine startups set to transform manufacturing sustainability and digital reality
Published: 25-09-2023 | 14:49:00 | By: Pie Kamau
Hexagon has announced the nine startups chosen for its third Sixth Sense cohort.


Unitus Ventures, Capria Ventures unite to create Global South VC powerhouse
Published: 25-09-2023 | 14:19:00 | By: Pie Kamau
Unitus Ventures announced it is joining forces with its US affiliate Capria Ventures.


Anita Rehman joins deep tech venture firm Celesta Capital as Partner
Published: 14-09-2023 | 12:17:15 | By: Pie Kamau
Celesta Capital has appointed Anita Rehman as Partner.


Indian healthtech startup Bonatra launches Wearable Smart Rings for wellness
Published: 12-09-2023 | 11:13:00 | By: Pie Kamau
Healthtech startup Bonatra has launched Wearable Smart Rings.


Taurean Surgical secures funding to democratize robotic surgery in emerging markets
Published: 07-09-2023 | 15:11:00 | By: Pie Kamau
Taurean Surgical has announced a significant pre-seed funding round.


STIHL East Africa set to introduce battered powered products
Published: 01-09-2023 | 14:00:00 | By: Bob Koigi
STIHL East Africa has announced plans to introduce battery powered products in the East African Market as the firm celebrates its one year anniversary in the region. 


SynBio startup Enzymit announces breakthrough in cell-free hyaluronic acid production
Published: 03-08-2023 | 14:03:00 | By: Pie Kamau
Enzymit announced its success in synthetically producing hyaluronic acid (HA).


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


SatSure partners with Rabo Partnerships to revolutionize cash flow-based lending for smallholder farmers
Published: 28-07-2023 | 09:32:00 | By: Pie Kamau
SatSure announced partnership with Rabo.


Yodaplus accelerates Indian startup boom with groundbreaking tech enablement
Published: 05-07-2023 | 16:19:00 | By: Pie Kamau
India is fast emerging as the Silicon Valley of Asia with its booming startup ecosystem.


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.


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.


Volition raises $11m to scale the world's largest industrial parts marketplace
Published: 25-05-2023 | 13:35:00 | By: Pie Kamau
Volition has announced an $11 million seed round led by Newark Venture Partners.


STIHL EA to invest Sh100 million to boost local manufacturing
Published: 16-05-2023 | 08:00:00 | By: Bob Koigi
Power tools manufacturer STIHL East Africa has announced it will invest Sh100 million in local accessories manufacturing every year as it seeks to localise its product development in the region.


Mitsubishi Electric’s Innovation Fund invests in Israeli cybersecurity startup SCADAfence
Published: 20-04-2023 | 14:17:58 | By: Bob Koigi
SCADAfence provides visibility to networks that support industrial systems and critical infrastructure, in an age where various types of malware, are threatening industrial systems and critical infrastructure, frequently shutting down their control systems and causing serious incidents.


GCPL to invest $12m in early-stage Indian consumer startups
Published: 12-04-2023 | 13:41:00 | By: Pie Kamau
Godrej Consumer Products Limited (GCPL), announced that it will be investing INR 100 Crore ($12 million) in Early Spring, a new INR 300 Crore early-stage consumer fund being set up by Spring Marketing Capital (Spring).


Chinese electric truck startup DeepWay raises $117m Series A+ round to accelerate mass production of smart electric heavy-duty truck
Published: 28-03-2023 | 12:14:00 | By: Pie Kamau
DeepWay, a smart commercial vehicle developer and manufacturer, announced it had raised $117 million Series A+ financing.


Indian Web3 startup NoCap Meta raises $243K to accelerate growth in metaverse, digital tech
Published: 23-03-2023 | 12:59:00 | By: Pie Kamau
NoCap Meta, a Mumbai-based Web3 startup that provides a wide range of services including blockchain based systems, metaverse development, and asset backed tokens, has raised approximately $243K to enhance its growth.


[Interview] Gharjyot Singh, CEO, Cerebrum Infotech, India
Published: 22-03-2023 | 12:59:00 | By: Pie Kamau
Gharjyot Singh is the CEO of Cerebrum Infotech, a software and web development company based in India.


SPJIMR launches innovative accelerator programme for startups in finance industry
Published: 22-03-2023 | 12:23:00 | By: Pie Kamau
The Centre for Financial Innovation (CFI) at Bharatiya Vidya Bhavan's S.P.Jain Institute of Management & Research has announced the launch of 'SPJIMR FinNovate Accelerator' in partnership with Mumbai Angels.


Al-Abdullah Group invests $50m in Indian EV startup Kabira Mobility to accelerate growth
Published: 21-03-2023 | 11:42:00 | By: Pie Kamau
Kabira Mobility, a prominent electric bike manufacturer in India renowned for its KM3000 and KM4000 models, announced it has secured a $50 million investment from its strategic investor, Al-Abdulla Group (Qatar).


Mumbai-based HRtech startup ZingHR invests in SaaS startup LokiBots to expand its AI-based products and services
Published: 21-03-2023 | 11:00:00 | By: Pie Kamau
HRtech startup ZingHR has made a strategic investment in Silicon Valley-based SaaS startup LokiBots. The investment will help ZingHR leverage its AI-based software bots.


[Interview] Chris Okoro, CEO, Eunisell Interlinked, Nigeria
Published: 15-03-2023 | 12:14:00 | By: Pie Kamau
Chris Okoro is an entrepreneur and business strategist skilled in the Financial Services and Engineering sector. He's currently the Managing Director and CEO of Eunisell Interlinked, Nigeria.


[Column] Mark Wilson: The ERP and technology trends that will shape 2023
Published: 02-03-2023 | 10:31:00 | By: Pie Kamau
Following a year of disruption caused by Russia’s invasion of Ukraine, supply chain disruptions and record-breaking inflation, we look to the year ahead and what 2023 might have in store for manufacturers and distributors. 


Indian SaaS startup Mintoak raises $20m Series A funding round to grow its product portfolio
Published: 23-02-2023 | 14:03:00 | By: Pie Kamau
Mintoak, an India-based software-as-a-service (SaaS) platform focused on merchant services, has raised $20 million in Series A funding round led by PayPal Ventures.


IDTechEx explores nine startups innovating polymer additive manufacturing
Published: 10-02-2023 | 09:02:00 | By: Pie Kamau
Essential to understanding the evolution of the polymer 3D printing industry is exploring the change from low-cost printing technologies and materials to the slow growth and adoption of innovative polymer printing technologies.


Metal 3D printing startup Fabric8Labs closes $50m Series B financing for electrochemical additive manufacturing technology
Published: 08-02-2023 | 10:17:00 | By: Pie Kamau
Fabric8Labs, pioneer of electrochemical additive manufacturing, announced the close of a $50 million Series B investment round led by New Enterprise Associates (NEA).


Israeli startup aiOla raises $25m to interface natural language to AI solutions in traditional manufacturing
Published: 24-01-2023 | 12:13:00 | By: Pie Kamau
Israeli startup aiOla announced it has secured $25 million in funding led by New Era with the participation of Hamilton Lane and other investors.


Former CEO of BMW Manufacturing Knudt Flor joins South Carolina startup Delta Bravo
Published: 20-01-2023 | 08:54:00 | By: Pie Kamau
Retired BMW Manufacturing CEO Knudt Flor has been appointed to the newly created advisory board at predictive analytics company Delta Bravo Artificial Intelligence (Delta Bravo AI).


Nigerian agritech startup Releaf secures $3.3m pre-Series A funding, unveils new technologies to drive profitability for consumer goods manufacturers
Published: 09-01-2023 | 10:21:00 | By: Pie Kamau
Releaf, a Nigerian agritech startup, has raised $3.3 million in an oversubscribed pre-Series A funding round.


Aerospace startup Space Kidz India launches satellite with support from Lumina Datamatics
Published: 05-01-2023 | 11:55:00 | By: Pie Kamau
Lumina Datamatics has partnered with Space Kidz India to launch a satellite into outer space. Launched in 2012, Space Kidz India is an aerospace startup designing, developing, and manufacturing small satellites to provide economical and sustainable access.


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.


Season Group acquires IoT tech startup Pycom to give all connected ideas an opportunity to succeed
Published: 14-12-2022 | 08:59:00 | By: Pie Kamau
Season Group, an international electronics design and manufacturing services provider headquartered in Hong Kong, announced its acquisition of all assets of Pycom, a full stack Internet of Things (IoT) company.


Rosotics raises $750,000 pre-seed round for novel approach to heavy industry 3D printing
Published: 24-11-2022 | 08:49:00 | By: Pie Kamau
Rosotics, innovators in additive manufacturing, announced $750,000 in pre-seed funding led by Draper Associates.


Austrian deep-tech startup Sarcura closes €7m to develop next-generation cell therapy manufacturing platform
Published: 18-11-2022 | 11:53:00 | By: Pie Kamau
Austrian deep-tech startup Sarcura announced the closing of an oversubscribed €7 million Seed Plus funding round to develop a next-generation cell therapy manufacturing platform.


[Forum] Promoting investment flows from South Korea to Vietnam
Published: 31-10-2022 | 10:09:00 | By: Pie Kamau
South Korea has been, is, and will be the leading investor in Vietnam. The two parties can cooperate to achieve "Dual Goals" of US$100 billion in bilateral trade and total investment in the near future.


Japanese startup SUN METALON raises $5.6m funding to democratize metal 3D manufacturing
Published: 25-10-2022 | 13:36:00 | By: Pie Kamau
SUN METALON, a Japanese startup developing a metal 3D printer, announced the procurement of $5.6 million in its pre-series A funding round.


[Startup Interview] Rupinder Pal Singh, CEO, Seasia Infotech, India
Published: 20-10-2022 | 10:31:21 | By: Bob Koigi
Seasia Infotech is an Indian-based company that offers digital solutions to businesses worldwide that help brands leverage design, development processes and software technologies with personalized customer experiences.


India’s AI-enabled network intelligence startup Aprecomm signs a deal to go global
Published: 03-10-2022 | 10:08:00 | By: Bob Koigi
Aprecomm, India’s network intelligence company, has announced its partnership with Singapore-based Technology Distribution Specialists (TDS) for distribution of its Network Intelligence technology.


[Startup Interview] Yashu Kapila, Founder, BugRaptors, India
Published: 23-09-2022 | 14:13:00 | By: Bob Koigi
The startup provides a highly diversified range of services varying from standard testing services, specialized testing services, to test advisory services. 


India's fruits and vegetables platform Sahyadri Farms raises €40m growth capital to support smallholder farmers
Published: 19-09-2022 | 09:19:00 | By: Pie Kamau
India's integrated platform for fruits and vegetables Sahyadri Farms has raised  €40 million growth capital from a group of impact-focused investors; Incofin, Korys, FMO and Proparco.


Growing need to support recycling even more today
Published: 30-08-2022 | 09:00:00 | By: Bob Koigi
The world is now growing at an even faster rate than it was a decade ago. This rapid growth has not only brought new technology to the world but also a fair square of equal responsibility that needs to be addressed along.


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.


German manufacturer The Stihl Group enters Kenyan market
Published: 11-08-2022 | 12:00:00 | By: Bob Koigi
The subsidiary dubbed Stihl East Africa will be its Eastern Africa hub servicing countries that include Kenya, Uganda, Tanzania, DRC, Rwanda, and Burundi among others.


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.


London-based startup Geomiq raises $8.5m to digitize manufacturing and deliver industry leading service levels
Published: 28-07-2022 | 11:32:00 | By: Pie Kamau
London-based startup Geomiq announced it has raised $8.5 million funding to digitize global manufacturing and deliver industry leading service levels for Engineers and Procurement teams.


Virginia-based fashion tech startup Circ raises $30m funding to expand recycle clothing, eliminate waste
Published: 19-07-2022 | 14:39:00 | By: Pie Kamau
The circular fashion company Circ announced over $30 million in Series B funding backed by some of the largest international apparel companies and venture capital firms.


Simplifyber secures $3.5m seed investment to reinvent how clothing is made with sustainable, advanced Manufacturing
Published: 06-07-2022 | 13:40:00 | By: Pie Kamau
Simplifyber, the creator of the world's first fully-molded garment and shoe uppers made directly from a cellulose-based liquid, announced the closing of a $3.5 million round of seed funding.


Indian no-code mobile startup Plobal raises $8.5m to expand presence in North America
Published: 20-06-2022 | 11:26:00 | By: Pie Kamau
Plobal Apps, a no-code mobile app platform for e-commerce stores, raised $8.5 million, led by Elevation Capital and Bessemer Venture Partners.


BCG Digital Ventures launches new innovation centers in India and Morocco
Published: 14-06-2022 | 13:15:00 | By: Pie Kamau
BCG Digital Ventures (BCGDV), the corporate innovation and business-building arm of Boston Consulting Group (BCG), is opening innovation centers in New Delhi, Mumbai and Casablanca, Morocco.


Indian data insights startup Synaptic raises $20m Series B funding to accelerate growth
Published: 01-06-2022 | 10:27:00 | By: Pie Kamau
Synaptic, an alternative data insights startup, announced the successful closure of $20 million in Series B funding round led by Valor Equity Partne


A5G Networks startup announces funding from Bharat Innovation Fund to accelerate growth
Published: 24-05-2022 | 16:07:00 | By: Pie Kamau
A5G Networks, a player in Distributed and Autonomous 5G Core Network Software for private and public networks, announced an investment by Bharat Innovation Fund, a deeptech focused venture capital fund in India.


TDK Ventures joins forces with VueReal to accelerate microprinting for microLED
Published: 22-04-2022 | 13:39:00 | By: Pie Kamau
TDK Corporation announced that subsidiary TDK Ventures, has invested in microLED developer VueReal Inc. to accelerate and develop their microprinting manufacturing process.


Canadian tech startup Calico secures $2.1m to revolutionize modern supply chains
Published: 09-03-2022 | 09:50:00 | By: Pie Kamau
Calico, the developer of the first AI-powered smart supply chain management platform, announced it has raised $2 million in seed funding. The growth financing is led by Serena Ventures following 300% growth since January 2022.


Manufacturing technology startup OPT Industries raises $15m to address demand for novel materials design and production
Published: 02-03-2022 | 12:52:00 | By: Pie Kamau
OPT Industries, the manufacturing technology startup behind the InstaSwab high-efficacy medical applicator, announced it has raised $15 million in Series A financing.


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.


[Startup Interview] Venkatesh C.R., CEO, Dot Com Infoway, India
Published: 28-01-2022 | 13:43:00 | By: Bob Koigi
Dot Com Infoway (DCI) is a CMMI Level 3 multi-national IT company and a player in custom software development, Web Development, Internet Marketing, Open Source Solutions, mobile application marketing with offices in India and the USA.


Indian mobility tech startup EVage raises $28m to enhance Commercial EV revolution
Published: 17-01-2022 | 11:12:00 | By: Pie Kamau
US-based venture capital firm RedBlue Capital has invested $28 million in EVage, the all-electric commercial vehicle OEM in India supplying EV trucks to major delivery fleets such as Amazon India's Delivery Service Partner.


SaaS management startup Zluri raises $10m Series A funding round to accelerate growth
Published: 11-01-2022 | 10:41:00 | By: Pie Kamau
SaaS Management Platform Zluri has raised $10 million in a Series A round of funding led by MassMutual Ventures with participation from existing investors, Endiya Partners and Kalaari Capital.


Bessemer Venture partners raise $220 million to back founders in India
Published: 03-12-2021 | 15:46:28 | By: Bob Koigi
Bessemer Venture Partners has announced the close of a dedicated $220 million fund in India to build on its long-standing success in the country and back the next generation of innovators in India.


Wellington-based metal casting startup Foundry Lab emerges from stealth, raises $8m Series A round
Published: 30-11-2021 | 12:43:00 | By: Pie Kamau
Digital metal casting startup Foundry Lab emerged from stealth, announcing a $8 million Series A raise led by Blackbird and showcasing its ability to create functional metal parts in less than a day.


Indian full-stack agritech startup DeHaat raises $115m Series D round
Published: 03-11-2021 | 12:18:00 | By: Pie Kamau
DeHaat, the technology-based platform offering end-to-end agricultural services to farmers in India, announced it has raised $115 million in Series D funding, led by Belgium based investment firm Sofina and Lightrock India.


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


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


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


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


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


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


India car search startup CarDekho joins unicorn club after $250 million fundraise
Published: 13-10-2021 | 14:08:06 | By: Bob Koigi
It is the largest ever fundraise by CarDekho and the proceeds will be used to accelerate CarDekho’s growth in the Used Car transactions, Financial services and insurance businesses.


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.


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


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.


Workwear startup BRUNT raises $8.4m Series A funding to accelerate growth
Published: 15-09-2021 | 15:54:00 | By: Pie Kamau
BRUNT Workwear, a modern work boot and apparel brand designed for today's construction workers and tradespeople, closed an $8.4 million Series A round to accelerate its growth and meet demand as the company disrupts a $12 billion-dollar category in the US.


Ghanaian startup Plendify launches B2B e-Commerce marketplace
Published: 17-08-2021 | 12:29:00 | By: Pie Kamau
Ghanaian startup Plendify has launched a B2B e-Commerce marketplace to connect customers with small and large African wholesalers, manufacturers, exporters, and importers.


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.


TDK Ventures backs metal additive manufacturing startup, Fabric8Labs
Published: 21-07-2021 | 13:21:00 | By: Pie Kamau
TDK Corporation announced that subsidiary TDK Ventures Inc. will back Fabric8Labs, marking its second investment in the additive manufacturing space and first in metal printing.


Catalyst Fund announces Circle of Corporate Innovators to accelerate startup-corporate partnerships
Published: 29-06-2021 | 13:23:16 | By: Pie Kamau
Global inclusive tech accelerator Catalyst Fund, managed by BFA Global, today formally announced its Circle of Corporate Innovators, with its first members, Fidelity Bank, Ecobank, Sterling Bank, Access Bank and the VFD Group.


Tech startup COSMO Technologies secures funding, announces new product launch
Published: 24-06-2021 | 12:32:00 | By: Pie Kamau
COSMO Technologies, a first-of-its-kind family technology design and manufacturing company, announced the closing of its Pre-Seed funding round.


Cirona Labs startup raises $1.5m in oversubscribed seed round for expansion
Published: 09-06-2021 | 16:30:00 | By: Pie Kamau
Cirona Labs, a premier innovator in cannabinoids and other functional botanical ingredient manufacturing, announced that it closed an oversubscribed $1.5 million seed round led by LiDestri Food & Drink, BevSource, and Sweetener Supply.


Manufacturing AI startup ExLattice joins NVIDIA Inception
Published: 26-05-2021 | 16:30:00 | By: Pie Kamau
ExLattice announced it has joined NVIDIA Inception, a program designed to nurture startups revolutionizing industries with advancements in AI and data sciences.


Chinese AI robotics startup Mech-Mind completes Series C funding
Published: 24-05-2021 | 14:31:35 | By: Pie Kamau
Chinese AI industrial robotics startup, Mech-Mind Robotics (Mech-Mind), completed Series C funding led by tech giant Meituan, bringing Mech-Mind's total funding to over $100 million, making Mech-Mind one of the world's most funded AI+ industrial robotics startups.


University of Michigan's Desai Accelerator invests in four startups to launch 2021 cohort
Published: 19-05-2021 | 10:14:00 | By: Pie Kamau
The Desai Accelerator, a University of Michigan accelerator open to early-stage alumni startups, announced the four companies accepted into its 2021 cohort.


Kenya paint manufacturer Crown Paints announces COVID-19 safety net initiative
Published: 21-04-2021 | 09:00:00 | By: Bob Koigi
A recent study on how Covid-19 had caused an economic toll in nine countries, including Kenya, shows that 45 percent of people were forced to miss or reduce meals.


Phantom Space Corporation startup raises $5m seed funding to revolutionize space transportation
Published: 15-04-2021 | 10:02:00 | By: Pie Kamau
Phantom Space Corporation, a space transportation technology development and manufacturing company, announced the raise of $5 million in seed investment funding to make space commerce commonplace and to lower the barriers to space access.


Indian fintech startup Avanti raises $26m in Series A funding round to further invest in its digital tech platform
Published: 13-04-2021 | 11:15:00 | By: Pie Kamau
Indian fintech company Avanti Finance (Avanti) secured $26 million in debt and equity from Oikocredit, Bill and Melinda Gates Foundation, Nomura and the family office of Pratul Shroff.


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.


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


Digital marketing startup Rollick secures $8.5m in funding
Published: 05-03-2021 | 11:49:00 | By: Pie Kamau
Rollick Inc., which operates the GoRollick Powersports, RV, and Boat Buying Program Marketplace, announced the closing of $8.5 million in funding.


Tech startup Mokusei offers 100% funding aid for individuals to cover their education and travel expenses
Published: 04-03-2021 | 12:14:00 | By: Pie Kamau
Incorporated on 17 Feb 2021, Mokusei Intelligence (Mokusei), is a social impact & education centric tech startup focused on developing AI/ML based algorithms and solutions.


Indian tech startup Mokusei announces $500 Press Challenge
Published: 04-03-2021 | 10:29:00 | By: Pie Kamau
Social impact & education centric tech startup Mokusei Intelligence (Mokusei), which funds & sponsors up to 100% of education or travel expenses of people, is on the lookout for talented communicators for their upcoming projects.


Vested Finance raises $3.6m to bring U.S. stocks to Indian investors
Published: 10-02-2021 | 13:07:00 | By: Pie Kamau
Vested Finance, a Silicon Valley-based online investment platform that enables Indian investors to invest in the U.S. stock market, announced it has raised a $3.6 million seed funding round.


Investcorp acquires SaaS based e-commerce solutions provider Unilog
Published: 20-01-2021 | 12:38:04 | By: Bob Koigi
Investcorp has announced that it has entered into an agreement to acquire Unilog, a Software as a Service (SaaS) based e-commerce solutions provider to small and medium businesses based in the United States.


Indian food and grocery e-commerce startup Jumbotail secures $14.2m Series B3 funding from VII Ventures
Published: 18-01-2021 | 16:44:00 | By: Pie Kamau
India's food and grocery e-commerce and new retail platform Jumbotail secured a $14.2 million Series B3 funding from VII Ventures (Seven Ventures).


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.


CropIn raises $20 million funding to deepen machine learning application in agriculture
Published: 14-01-2021 | 12:14:49 | By: Bob Koigi
CropIn, a global artificial intelligence and data-led agri-tech organization empowering stakeholders to reimagine agriculture with data, has raised $20 million in a Series C funding.


India's Z3Partners announces first close of Tech & Digital Fund, invests in Cyfirma and DealShare startups
Published: 12-01-2021 | 10:36:00 | By: Pie Kamau
Z3Partners Tech Fund announced its First Close of $14 million and its investments in Cyfirma, a Cyber Threat Intelligence Software startup and DealShare, a Social Commerce-led online grocery startup.


Iron Pillar invests $4 million in cloud governance startup CoreStack
Published: 03-12-2020 | 13:48:26 | By: Bob Koigi
Iron Pillar, a venture growth investor backing companies built from India, has announced a $4 million investment in CoreStack, a cloud governance and compliance SaaS startup based in Seattle with development in Chennai.


Pet supply startup Petpal raises capital via equity crowdfunding to expand e-Commerce operations in India
Published: 01-12-2020 | 12:29:00 | By: Pie Kamau
Pet supply startup Petpal has developed a one-stop platform for pet owners to get the food, medicine, and accessories they need to keep their pets happy and healthy.


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.


CerraCap Ventures, Exfinity Venture Partners join forces for new growth
Published: 30-11-2020 | 13:48:00 | By: Pie Kamau
CerraCap Ventures and Exfinity Venture Partners announced their global strategic partnership integrating CerraCap's unique Sales & Scale model with Exfinity's stated vision helping develop global enterprise startups leveraging the Indo-US corridor.


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.


[Startup Interview] Nitin Shingote,Nilesh Shingote, Founders, PropCheckup, India
Published: 14-10-2020 | 10:47:00 | By: Bob Koigi
PropCheckup is an Indian home inspection startup that has monitors over 100 property checkpoints and provides a detailed home inspection report which snags hidden issues like seepage, electrical faults, water leakage, wall dampening, carpet areas shortage and plumbing issues.


IRI acquires supply chain analytics provider, RSi
Published: 13-10-2020 | 13:20:23 | By: Bob Koigi
IRI, a global company in innovative solutions and services for consumer, CPG, retail and media companies, has acquired Retail Solutions, Inc. (RSi), a provider of supply chain solutions for CPG manufacturers and retailers.


[Startup Interview] Muhammed Haleel, Founder, Expatriates.io, India
Published: 09-10-2020 | 16:50:00 | By: Bob Koigi
Indian-based startup Expatriates.io sells premium job posting and resume features to employers and companies. Its website has established a footprint in 249 countries. Muhammed Haleel the company’s founder explains the business model.


Seegrid acquires Box Robotics to boost deep learning in manufacturing space
Published: 08-10-2020 | 14:44:44 | By: Bob Koigi
Seegrid Corporation has acquired Box Robotics, a mobile robotics startup bringing high-definition maps, three-dimensional LiDAR, and deep learning to the warehouse and manufacturing space.


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


Servify raises $23 million financing for global expansion
Published: 25-09-2020 | 12:04:14 | By: Bob Koigi
Servify, the Indian-based device lifecycle management platform that integrates multiple OEM Brands and their sales and service ecosystem to deliver great after-sales service experience has announced that it has raised $23 million.


Legendary Ventures invests in Elon Musk's SpaceX
Published: 23-09-2020 | 13:34:00 | By: Pie Kamau
Legendary Ventures announced an investment in Space Exploration Technologies Corp. (SpaceX) through its Series N funding round.


South Korean healthcare startup WellsCare signs in-store contract with b8ta for IASO
Published: 21-09-2020 | 14:00:35 | By: Pie Kamau
WellsCare, a member company of the Born2Global Centre, signed a store contract with b8ta, a famous American flagship store that is dedicated to innovative products.


Zuper raises $1.1 million seed funding to boost its workforce management Saas platform
Published: 19-09-2020 | 10:29:03 | By: Bob Koigi
Zuper, provider of an intelligent workforce and customer management platform has raised $1.1 million in seed funding.


IME Medical Electrospinning secures €3m financing from Dutch VCs to expand its Medispin XL production platform
Published: 14-09-2020 | 12:37:00 | By: Pie Kamau
IME Medical Electrospinning, a global leader in electrospun medical devices and regenerative medicine, announced it has successfully raised €3 million in equity financing and debt.


Smart consumer technology startup Dreame raises $14.6m in Series B+ funding
Published: 07-09-2020 | 16:16:00 | By: Pie Kamau
Dreame Technology (Dreame), a smart consumer technology company specializing in cordless vacuum cleaners, robot vacuum cleaners and mops, announced it raised $14.6 million in its Series B+ funding led by IDG Capital.


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.


[Startup Interview] Mangaldas Gupta, CEO, Magma Ash Tech, India
Published: 13-08-2020 | 12:13:00 | By: Bob Koigi
Magma Ash Tech is an Indian startup involved in the procurement, processing and export of Flyas, one of the residues produced during combustion of coal. Fly ash is used mainly as a bonding agent mainly in cement plants, ready mix concrete units, manufacture of blocks, bricks and boards.


[Startup Interview] Kaxton Kabogoza, Founder, Kenda Interlocking Bricks, Kenya
Published: 08-08-2020 | 09:43:09 | By: Bob Koigi
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.


Microsoft and Accenture partner on startup challenge to accelerate innovation in ecosystem
Published: 09-07-2020 | 15:36:27 | By: Bob Koigi
Microsoft’s 100X100X100 program is collaborating with Accenture to host the third edition of the Accenture Ventures Challenge for startups in India.


Catalyst Fund announces seventh cohort of inclusive fintech startups
Published: 09-07-2020 | 15:35:37 | By: Bob Koigi
Catalyst Fund, the global inclusive fintech accelerator, has announced that six new fintech startups, from Nigeria, South Africa, Mexico and India are joining its existing portfolio of 31 companies.


U.S. electric-vehicle startup Fisker completes $50m private financing to launch its Ocean all-electric luxury SUV in 2022
Published: 09-07-2020 | 15:04:00 | By: Pie Kamau
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.


[Startup Interview] Rajat Dayal, CEO, Yabx, India
Published: 07-07-2020 | 11:57:00 | By: Bob Koigi
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.


UNICEF Cryptocurrency Fund announces investment for startups in developing, emerging economies
Published: 23-06-2020 | 10:00:00 | By: Pie Kamau
Eight technology companies in developing and emerging economies will receive investment from the UNICEF Cryptocurrency Fund (CryptoFund) to solve local and global challenges.


[Startup Interview] Veer Varma, Founder, CoachDirect, India
Published: 16-06-2020 | 12:31:09 | By: Bob Koigi
CoachDirect is an Indian-based startup that works with schools and gated communities by providing sports, wellness and life coaching services. The startup CEO Veer Varma elaborates.


Luxembourg startup Wizata secures €2.7 million financing to digitize manufacturing with AI
Published: 04-06-2020 | 15:27:00 | By: Bob Koigi
Wizata, the Industry 4.0 Artificial Intelligence (AI) startup from Luxembourg, has raised €2.7 million from the original founders.


India’s Ola Electric acquires Dutch scooter startup Etergo
Published: 27-05-2020 | 15:06:00 | By: Bob Koigi
Ola Electric, an offshoot of Indian ride-hailing company Ola, has acquired Etergo BV, an innovative electric scooter OEM, based out of Amsterdam, the Netherlands.


[Startup Interview] Jose Dalappan, CEO, Costral Corporate Strategic Lab, India
Published: 27-04-2020 | 09:19:00 | By: Bob Koigi
Costral Corporate Strategic Lab is an India-based management consulting startup working with organizations in marketability of their product from market survey and other tools, branding and and business development. The company also assists businesses to re-vamp their business model.