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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3781656 | 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.










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




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.


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.


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).


Cyble secures $24m Series B funding to advance AI-powered threat intelligence solutions
Published: 02-08-2023 | 11:05:00 | By: Pie Kamau
Cyble announced a $24m injection of capital through Series B funding. 


DBtune secures €2.4m seed funding to revolutionize AI-based database optimization
Published: 31-07-2023 | 17:04:00 | By: Pie Kamau
DBtune has successfully closed €2.4 million seed funding round led by 42Cap


Blackbaud invests in generative AI startup Momentum for social impact
Published: 31-07-2023 | 16:35:00 | By: Pie Kamau
Blackbaud announced a strategic investment in Momentum.


Molten Ventures leads €5m round in Oliva to expand workplace mental health support
Published: 31-07-2023 | 13:05:00 | By: Pie Kamau
Molten Ventures has led €5 million round in Oliva.


[Column] Hani Raad: Dedication, innovation, and education - the recipe for Africa’s digital prosperity
Published: 31-07-2023 | 12:32:00 | By: Pie Kamau
Africa has come a long way in terms of digital innovation and adoption.


Wall decor startup DecoSynth secures venture funding round led by Misfit Capital
Published: 31-07-2023 | 12:21:00 | By: Pie Kamau
DecoSynth has announced the successful completion of a venture funding round.


Beeyond Media raises $10m seed funding round to drive growth across US and LATAM
Published: 28-07-2023 | 10:12:00 | By: Pie Kamau
Beeyond Media announced the close of $10 million seed round


Pulsr launches Web3's first AI search engine for NFTs
Published: 28-07-2023 | 09:52:00 | By: Pie Kamau
Pulsr Foundation has released AI search engine optimization for over 5 million NFTs.


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.


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


California startup Space Campers reveals cutting-edge prototype for Tesla Cybertruck
Published: 28-07-2023 | 08:53:00 | By: Pie Kamau
Space Campers lives up to the renders in a teaser video of their new prototype.


Frankfurt-based QuoIntelligence secures €5m seed financing to accelerate growth
Published: 27-07-2023 | 14:05:00 | By: Pie Kamau
QuoIntelligence announced a €5m seed financing round.


Very Good Ventures expands Series A with $3.4m from Celesta Capital
Published: 27-07-2023 | 13:32:00 | By: Pie Kamau
Very Good Ventures (VGV), a full-service Flutter consulting firm, announced it has expanded its Series A round with $3.4m.


Supply Change Capital closes debut $40m fund to invest in the future of food
Published: 27-07-2023 | 13:00:00 | By: Pie Kamau
Supply Change Capital announced the close of its inaugural $40 million fund.


Aethir closes $150m valuation, Pre-A funding round to scale decentralized cloud infrastructure
Published: 27-07-2023 | 12:45:00 | By: Pie Kamau
Singapore-based Aethir announced the completion of its Pre-A funding round.


TDK Ventures invests in Infinite Uptime's Industry 5.0 digital intelligence platform
Published: 27-07-2023 | 10:47:00 | By: Pie Kamau
TDK Ventures has invested in the Industry 5.0 - focused startup Infinite Uptime.


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.


Freiburg-based constellr secures new funding to springboard US expansion
Published: 26-07-2023 | 12:32:00 | By: Pie Kamau
constellr has secured further investment to extend its seed round to a total of €17m.


Frigade raises $3m seed round to build developer tool for product onboarding and adoption
Published: 26-07-2023 | 11:12:00 | By: Pie Kamau
Frigade announced it has raised $3m in seed round of funding


New startup XIM establishes Nutri-Tech as an emerging category
Published: 26-07-2023 | 10:51:00 | By: Pie Kamau
XIM is set to disrupt the nutritional supplement industry with the introduction of its flagship product, the X45.


Goodwater raises over $1b to support consumer technology startups globally
Published: 26-07-2023 | 10:25:00 | By: Pie Kamau
Goodwater has raised over $1 billion across its family of early and growth stage funds.


London-based talent attraction SaaS scaleup inploi raises £1.35m seed round ahead of US expansion
Published: 25-07-2023 | 11:58:00 | By: Pie Kamau
inploi, the talent attraction technology scaleup, has raised £1.35 million round.


Bion initiates startup of livestock waste treatment technology demonstration project
Published: 25-07-2023 | 11:42:00 | By: Pie Kamau
Bion Environmental Technologies has initiated integrated system startup.


NEOM joins Startup Creasphere's program powered by Plug and Play Munich
Published: 25-07-2023 | 11:25:00 | By: Pie Kamau
Startup Creasphere has announced new partnership with NEOM.


[Column] Nchaupe Khaole: Unlocking South Africa's technology investment potential
Published: 25-07-2023 | 10:06:00 | By: Pie Kamau
Technology enabled businesses and the solutions they develop represent growth.


Kenyan healthtech startup Zuri Health raises undisclosed funding from Five35 Ventures
Published: 25-07-2023 | 09:52:00 | By: Pie Kamau
Kenyan healthtech startup Zuri Health has raised an undisclosed amount of funding.


Carbon neutral startups are the key to our future, Plug and Play
Published: 21-07-2023 | 15:30:00 | By: Pie Kamau
The escalating impact of climate change has highlighted the importance of confronting greenhouse gas.


Visa opens applications for its Africa Fintech Accelerator Program
Published: 21-07-2023 | 15:16:00 | By: Pie Kamau
Visa has opened applications for startups to participate in the first cohort of the Visa Africa Fintech Accelerator program.


Azolla Ventures debuts $239m blended fund to support overlooked climate solutions
Published: 21-07-2023 | 14:35:00 | By: Pie Kamau
Prime Coalition and Azolla Ventures have announced a $239 million blended fund.


Israeli social commerce startup Terrific completes its seed round of financing
Published: 21-07-2023 | 13:07:00 | By: Pie Kamau
Israeli social commerce startup Terrific has completed its seed round of financing.


Climate-tech startup Aeroseal secures $67m Series B funding
Published: 21-07-2023 | 12:39:00 | By: Pie Kamau
Aeroseal has announced the successful completion of a $67 million Series B funding round.


Swiss fintech startup Numarics raises €10.2m seed round
Published: 20-07-2023 | 14:58:00 | By: Pie Kamau
Swiss fintech startup Numarics has raised a €10.2m seed round for its automated accounting and administration solution tailored to SMEs.


Bristol tech startup Deazy appoints Laura Wall as Head of Marketing
Published: 20-07-2023 | 14:35:00 | By: Pie Kamau
Developer marketplace platform Deazy has appointed Laura Wall as Head of Marketing.


London-based IoT SaaS startup Thingtrax raises £4.3m to fuel expansion
Published: 20-07-2023 | 14:14:00 | By: Pie Kamau
IoT SaaS startup Thingtrax has raised £4.3 million in a Pre-Series A round.


European payments startup Salve FH selects Finastra to tackle payment delays for corporates
Published: 20-07-2023 | 13:52:00 | By: Pie Kamau
Salve FH has selected Finastra Essence to reduce payment delays.


South Korean tech startup Wayne Hills produces sci-fi film using generative AI
Published: 20-07-2023 | 13:23:00 | By: Pie Kamau
Tech startup Wayne Hills has kicked off producing sci-fi films using generative AI.


5 tips to improve small business productivity, Family Features
Published: 18-07-2023 | 11:47:00 | By: Pie Kamau
Running a small business comes with a multitude of challenges that can hinder productivity.


London-based carbon data provider Sylvera raises $57m Series B, plans US expansion
Published: 18-07-2023 | 11:05:00 | By: Pie Kamau
Sylvera has raised $57m Series B financing to scale its teams and product offerings.


TLV Partners achieves $1b, launches $250m early-stage Israeli startups Fund V
Published: 18-07-2023 | 10:16:00 | By: Pie Kamau
TLV Partners announced $1 billion in assets under management (AUM).


Fintech company Nav acquires startup Tillful to accelerate growth
Published: 18-07-2023 | 09:59:00 | By: Pie Kamau
Nav, the financial health platform for small businesses, announced its acquisition of Tillful.


Explainable-AI image recognition startup ZAC initiates medical imaging for pathology
Published: 18-07-2023 | 09:40:00 | By: Pie Kamau
ZAC will apply its Concept-Learning algorithms in medical imaging.


Medical device company OrganOx raises £25m to transform organ transplantation practices
Published: 17-07-2023 | 12:30:00 | By: Pie Kamau
OrganOx has raised £25m in a growth round led by Lauxera Capital Partners.


Primal launches new social network for digital freedom
Published: 17-07-2023 | 12:06:00 | By: Pie Kamau
Primal announced the launch of its flagship application following a $1 million seed round.


[Column] Patrick Evans: Boosting cybersecurity with robust digital risk assessment tools
Published: 17-07-2023 | 11:30:00 | By: Pie Kamau
Cybersecurity be boosted by building a strong cyber risk profile.


Startupbootcamp AfriTech opens cohort 4 of its ASIP accelerator program
Published: 17-07-2023 | 10:24:00 | By: Pie Kamau
Startupbootcamp AfriTech has opened applications its ASIP accelerator program.


Lightspeed leads Zluri’s $20m funding round as SaaS management platform takes off
Published: 17-07-2023 | 09:34:00 | By: Pie Kamau
SaaS operations(SaaSOps) platform Zluri, announced a $20m funding round.


Belgian agritech startup Aphea.bio raises €70m to accelerate growth
Published: 14-07-2023 | 16:17:00 | By: Pie Kamau
Aphea.Bio, a Belgium-based agricultural technology company, announced the closing of its Series C funding round.


[Column] Ronald Magondo: How cloud-native approaches are redefining business
Published: 14-07-2023 | 15:33:00 | By: Pie Kamau
Cloud-native approaches are rapidly redefining the business landscape.


[Column] Theo van Zyl: Connectivity on the go, why not all mobile internet services are the same
Published: 14-07-2023 | 15:26:00 | By: Pie Kamau
More consumers are taking a closer look at their connectivity requirements.


Microsoft selects LexCheck for its Startups Pegasus Program
Published: 14-07-2023 | 15:17:00 | By: Pie Kamau
LexCheck has been selected for the Microsoft for Startups Pegasus Program.


Belgian fund manager Amavi Captial acquires Sweden’s SF Ventures, increases proptech portfolio
Published: 13-07-2023 | 12:23:00 | By: Pie Kamau
Belgium-based AMAVI Capital has announced expansion into the Nordic region.


SineWave Ventures raises $160.3m to transform the enterprise tech market
Published: 13-07-2023 | 12:01:00 | By: Pie Kamau
SineWave Ventures announced the close of a $160.3 million Fund III raise.


Investing platform Public launches in the UK
Published: 13-07-2023 | 11:39:00 | By: Pie Kamau
Public, a US-based multi-asset investing platform, has launched in the United Kingdom (UK).


Palantir partners with Toronto-based startup AirMatrix to scale drone operations
Published: 13-07-2023 | 11:19:00 | By: Pie Kamau
Palantir Technologies and AirMatrix have partnered to accelerate drone operations.


Cyber security startup Entitle appoints Stephen Wadsworth as VP of Sales
Published: 13-07-2023 | 10:55:00 | By: Pie Kamau
Entitle has appointed Stephen Wadsworth as the new Vice President of Sales.


Tokyo's dynamic ecosystem for a startup company and its global impact, Plug and Play
Published: 12-07-2023 | 11:15:00 | By: Pie Kamau
Tokyo, Japan is an economic powerhouse with its thriving business landscape.


Salonkee raises €28m to fuel growth, solidify position as Europe’s provider of salon management software
Published: 12-07-2023 | 11:04:00 | By: Pie Kamau
Salonkee has raised €28m in growth capital.


Workforce management platform When I Work acquires fintech startup Lean Financial
Published: 12-07-2023 | 10:42:00 | By: Pie Kamau
When I Work announced its acquisition of fintech startup Lean Financial.


Blackbaud's accelerator program welcomes 10 startups building generative AI solutions
Published: 12-07-2023 | 10:30:00 | By: Pie Kamau
Blackbaud announced the newest cohort of its Social Good Startup Program.


Co-Created announces global expansion with launch of first Asia-Pacific office
Published: 12-07-2023 | 10:12:00 | By: Pie Kamau
Co-Created announced its next phase of strategic expansion.


Denver-based foodtech startup bitewell closes oversubscribed $4m seed round
Published: 10-07-2023 | 12:25:00 | By: Pie Kamau
bitewell announced an oversubscribed close of $4 million seed round.


[Column] Rami Osman: 5G as a catalyst for economic opportunities, innovation in Sub-Saharan Africa
Published: 10-07-2023 | 12:03:00 | By: Pie Kamau
Sub-Saharan Africa is at the forefront of innovations.


SuperScale raises $5.4m Series A to grow revenue for game developers and publishers
Published: 10-07-2023 | 11:32:00 | By: Pie Kamau
SuperScale announced it has raised $5.4 million in a Series A funding round.


Kenyan agritech startup Kyosk acquires KwikBasket, expands into fresh produce market
Published: 10-07-2023 | 11:09:00 | By: Pie Kamau
Kenyan agritech startup Kyosk, is expanding into the African fresh produce market.


Ayoba, Adanian Labs launch accelerator programme in Nigeria
Published: 10-07-2023 | 10:56:00 | By: Pie Kamau
Ayoba has partnered with Adanian Labs to launch an SME accelerator program in Nigeria.


AI startup Contoro Robotics raises $4.7m seed roundv to accelerate growth
Published: 10-07-2023 | 10:41:00 | By: Pie Kamau
Contoro Robotics announced it has raised $4.7 million in seed funding.


German healthcare investor SHS Capital acquires majority stake in CAM Bioceramics
Published: 07-07-2023 | 15:56:00 | By: Pie Kamau
German healthcare specialist SHS Capital is investing in CAM Bioceramics to fuel growth


Kassel-based deep tech startup Twinsity bags €2.5m from EIC
Published: 07-07-2023 | 15:22:00 | By: Pie Kamau
Twinsity, a deep tech startup, has secured €2.5-million funding from the EIC.


Insight Partners announces $118m Fund II for 20/20 Vision Capital
Published: 07-07-2023 | 14:50:00 | By: Pie Kamau
Insight Partners, announced it has raised Insight Vision Capital II, L.P. (Fund II).


Cargo airline startup Ribbit signs $1.3m to test autonomous flights in Canada
Published: 07-07-2023 | 14:31:00 | By: Pie Kamau
Ribbit has signed a $1.3m to test autonomous flights across northern Canada.


Bain & Company to acquire APAC arm of global venture-building studio Rainmaking
Published: 07-07-2023 | 13:58:00 | By: Pie Kamau
Bain & Company to acquire Asia Pacific arm of global venture-building studio.


Notion Capital closes oversubscribed fifth fund at €300m
Published: 06-07-2023 | 15:20:00 | By: Pie Kamau
Notion Capital announced the final close of its new €300 million fund, Notion Capital V SCSp.


[Column] Paul Selibas: Embedded finance in the age of e-Commerce
Published: 06-07-2023 | 14:57:00 | By: Pie Kamau
The African online e-Commerce market has grown rapidly in recent years.


Seedstars launches FIWAM program to boost financial inclusion for women migrants
Published: 06-07-2023 | 14:42:00 | By: Pie Kamau
Seedstars has launched a program to promote financial inclusion for women.


EU-based fintech startup CAPEX.com expands into the Greek market
Published: 06-07-2023 | 14:29:00 | By: Pie Kamau
CAPEX.com announced its first M&A deal, the acquisition of WiredMarket.com.


SDX joins forces with CV VC to boost digital private equity in Switzerland
Published: 06-07-2023 | 14:06:00 | By: Pie Kamau
SDX has joined forces with CV VC to boost digital private equity in Switzerland.


LyondellBasell invests in Carbon Neutrality Venture Fund
Published: 05-07-2023 | 16:44:01 | By: Pie Kamau
Rotterdam-based LyondellBasell announced its investment in a new Carbon Neutrality Fund.


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.


VentureBlick secures $2.6m for first two startups, unveils incubator model for medtech innovation
Published: 05-07-2023 | 16:02:00 | By: Pie Kamau
VentureBlick announced the successful closure of its first two deals.


Generative AI for crypto startup SuperSight raises $1m pre-seed to build crypto-specific LLMs
Published: 05-07-2023 | 15:47:00 | By: Pie Kamau
SuperSight, a London-based Generative AI startup, raises $1m pre-seed round.


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


Empowering Africa's socio-economic landscape through innovative solutions, Plug and Play
Published: 04-07-2023 | 14:16:00 | By: Pie Kamau
Innovation is critical in shaping the future of Africa’s growth.


[Column] Zafir Junaid: Bridging the AI skills gap in Africa
Published: 04-07-2023 | 13:57:00 | By: Pie Kamau
As we navigate the contours of the 4IR, powered by AI, it is becoming increasingly evident that Africa has a critical role to play.


Kenyan e-Health startup MYDAWA raises $20m funding from Alta Semper Capital
Published: 04-07-2023 | 13:15:00 | By: Pie Kamau
MYDAWA has received $20m capital injection from private equity investor.


Blueprint raises $9m to help mental health clinicians deliver quality care in less time
Published: 04-07-2023 | 13:01:00 | By: Pie Kamau
Blueprint, the platform helping mental health clinicians, announced its $9m Series A


Maza raises $8m to provide U.S. immigrants with financial identities
Published: 04-07-2023 | 12:32:00 | By: Pie Kamau
Financial platform Maza, announced a $8 million seed round led by Andreessen Horowitz.


Exeliom Biosciences closes its Series A funding at €24 million
Published: 03-07-2023 | 13:32:00 | By: Pie Kamau
Paris-based Exeliom Biosciences announced the completion of its €24 million Series A funding.


Camena Bioscience close $10 Series A financing as demand for DNA synthesis technology increases
Published: 03-07-2023 | 13:06:00 | By: Pie Kamau
Camena announced it has closed a $10m Series A financing round.


New PitchBook survey finds majority of venture capitalists have invested in AI
Published: 03-07-2023 | 11:47:00 | By: Pie Kamau
PitchBook has released findings from a new survey in partnership with Collision.


gigaroo raises $2.5m in pre-seed funding to revolutionize GenZ financial stability
Published: 03-07-2023 | 11:14:00 | By: Pie Kamau
gigaroo announced it has successfully raised $2.5 million in pre-seed funding.


Aigen unveils world's first AI-driven, solar-powered, agricultural robotics platform
Published: 03-07-2023 | 11:00:00 | By: Pie Kamau
Agritech startup Aigen, unveiled an autonomous, scalable robotics platform.


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.


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.


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).


[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. 


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.