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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3794638 | Tags:

San Francisco, London among most developed venture capital cities in the world, report
Published: 23-04-2024 | 17:25:53 | By: Bob Koigi
This dashboard leverages PitchBook data and PitchBook Institutional Research Group methodology to provide a consistently updated ranking system for the size, maturity, and growth rates of the VC ecosystem in leading cities around the world.


Global co-working spaces market to reach $48.1 billion by 2030, study
Published: 23-04-2024 | 17:23:55 | By: Bob Koigi
The global market for coworking spaces is experiencing rapid growth, driven by the evolving dynamics of today's workforce, technological advancements, and shifts toward more agile work cultures.






[Kenya] Livestock sector players review investment opportunities, challenges in unique forum
Published: 01-03-2024 | 13:15:00 | By: Bob Koigi
With the demand for livestock products projected to grow by up to 50% by 2030, there’s a clear opportunity for strategic investments to drive growth and innovation in the sector.


Rwandan female researchers selected for food systems policy fellowship
Published: 21-02-2024 | 08:30:00 | By: Bob Koigi
The AWARD Policy Fellowship is cultivating a growing pool of African women in the policy field to catalyze the design and implementation of gender-responsive agricultural policies across Africa.




Kenya startups raised the highest amount of funding in Africa in 2023, report
Published: 11-01-2024 | 16:27:44 | By: Bob Koigi
For some time now, Nigeria has always received the biggest share of startup investments, however, in 2023, Kenya overtook the West African country, gaining the highest amount of tech funds on the continent. 










Samsung invests in Skipify to accelerate its next-gen digital wallet
Published: 24-10-2023 | 10:01:00 | By: Pie Kamau
Fintech company, Skipify, has announced a strategic investment from Samsung Next.


Investor-founder disconnect poses major threat to African tech funding
Published: 11-09-2023 | 11:39:00 | By: Pie Kamau
African tech investors will not invest follow-on funding in a startup failing to provide regular reporting updates.


French clinical-stage biotech Abivax secures €75m for product development
Published: 31-08-2023 | 15:13:00 | By: Pie Kamau
Claret European Growth Capital has participated in investing €75m into Abivax.


South Korean Naver-backed AI startup Crowdworks to go public
Published: 31-08-2023 | 14:44:00 | By: Pie Kamau
Crowdworks will be listed on the Korean KOSDAQ market via SPAC merger.


Rho closes deal with Capital to bolster support for tech startups
Published: 31-08-2023 | 10:10:00 | By: Pie Kamau
Rho has completed a transaction to have Capital, the founder-friendly fundraising and banking platform, join Rho.


Travel tech firm Branchspace receives £5m to enhance airline retail digitisation
Published: 31-08-2023 | 09:43:00 | By: Pie Kamau
Gresham House Ventures has completed a £5m investment into Branchspace


Inside the mind of an expert: Fintech AI predictions for 2023, Plug and Play
Published: 29-08-2023 | 12:43:00 | By: Pie Kamau
AI has revolutionized fintech by enabling innovative solutions.


Geek Ventures launches First Fund to support immigrant tech founders
Published: 29-08-2023 | 12:11:00 | By: Pie Kamau
Geek Ventures announced the close of Geek Ventures Fund I, LP.


[Column] Richard Shaw: AI-ready cloud - How hyperscalers empower businesses to thrive in the digital age
Published: 29-08-2023 | 11:46:00 | By: Pie Kamau
Cloud computing has undergone evolution.


MEST Africa Challenge Startup Pitch Competition applications open
Published: 29-08-2023 | 11:37:00 | By: Pie Kamau
MEST Africa has opened applications for its 2023 Challenge Startup Pitch Competition for African startups. 


Finnish startup Videobot secures €2m to revolutionize online customer experiences
Published: 29-08-2023 | 11:12:00 | By: Pie Kamau
Videobot, a Finnish SaaS startup, has raised €2 million in seed funding.


Fintech firm LemFi raises $33m to transform financial services for immigrants everywhere
Published: 28-08-2023 | 13:06:00 | By: Pie Kamau
LemFi (formerly Lemonade Finance), has raised $33 million Series A round.


Munich-based Aily Labs raises €19m Series A round to accelerate growth
Published: 28-08-2023 | 12:26:00 | By: Pie Kamau
Aily Labs has raised €19 million in a Series A round


Mendoza Ventures launches Mendoza Impact to close the diverse founder funding gap
Published: 28-08-2023 | 12:14:00 | By: Pie Kamau
Mendoza Ventures has launched a new non-profit, Mendoza Impact.


Meet Kuushy: Sit your way to better health
Published: 28-08-2023 | 11:56:00 | By: Pie Kamau
Poor posture can lead to a whole range of problems – from neck and back pains to even heartburn and constipation.


ZENCE OBJECT secures $2.5m to commercialise sustainable materials from tea residuals
Published: 28-08-2023 | 11:33:00 | By: Pie Kamau
ZENCE OBJECT has secured $2.5m from the AEF Greater Bay Area Fund (AEF GBA).


Irys Insurtech closes $3.5m seed round to take on legacy competitors
Published: 25-08-2023 | 11:27:00 | By: Pie Kamau
Irys Insurtech has closed a seed funding round of $3.5 million.


Industry veterans launch cybersecurity startup Vigiles
Published: 25-08-2023 | 10:57:00 | By: Pie Kamau
Former Trustwave executives have launched a cybersecurity startup, Vigiles.


Human-like AI Meeranda is now a part of Microsoft for Startups Founders Hub
Published: 25-08-2023 | 10:43:00 | By: Pie Kamau
Meeranda announced its acceptance into the Microsoft for Startups program.


Rivery joins AWS ISV Accelerate and AWS Global Startup Program
Published: 25-08-2023 | 10:33:43 | By: Pie Kamau
Rivery announced acceptance into the Amazon Web Services (AWS) Independent Software Vendor (ISV) Accelerate Program.


Holland Capital fuels conversational commerce advancements, invests in Conversation24
Published: 24-08-2023 | 16:02:00 | By: Pie Kamau
Holland Capital has announced an investment in Conversation24.


APERIO closes $9m Series A1 round to accelerate growth
Published: 24-08-2023 | 15:51:00 | By: Pie Kamau
APERIO, a category leader in operational data quality, announced it has closed $9 million in Series A1 funding.


Nigeria's Treepz among startups selected for 2023 VC4A Venture Showcase Africa
Published: 24-08-2023 | 15:35:00 | By: Pie Kamau
Treepz hes been selected to participate in VC4A Venture Showcase Africa. 


Google launches AI First accelerator program for African startups
Published: 24-08-2023 | 15:17:00 | By: Pie Kamau
Google has announced the launch of a new accelerator program to support AI startups in Africa. 


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


Kamupak and &Repeat join forces to build a Nordic market in circular packaging systems
Published: 23-08-2023 | 13:18:00 | By: Pie Kamau
Finnish Kamupak is merging with Swedish competitor, impact tech startup &Repeat.


Left Lane Capital appoints Chris Taylor as Chief Growth Officer
Published: 23-08-2023 | 13:00:00 | By: Pie Kamau
Left Lane Capital has appointed Chris Taylor as the Chief Growth Officer.


Blue Hour Ventures launches with Fund I spin out
Published: 23-08-2023 | 12:40:00 | By: Pie Kamau
Blue Hour Ventures, an early stage venture capital firm, has announced the firm's launch.


Swedish fintech Klarna records growth in key European markets
Published: 23-08-2023 | 12:14:49 | By: Pie Kamau
Klarna, the global payments network and shopping assistant, announced strong growth across Europe.


SaaS startup Tenant Inc. closes third seed funding round with $25 million
Published: 23-08-2023 | 11:57:00 | By: Pie Kamau
Tenant Inc. has closed its third seed funding round with $25 million.


B2B marketplace startup Ghost raises $30m to help brands and retailers move surplus inventory
Published: 22-08-2023 | 13:12:00 | By: Pie Kamau
B2B marketplace startup Ghost has raised $30m Series B funding.


Glasgow food tech startup ENOUGH raises €40m growth fund to scale mycoprotein production
Published: 22-08-2023 | 12:35:00 | By: Pie Kamau
Glasgow-based food tech startup ENOUGH has raised €40m in growth funding.


BBT.live extends seed funding to $8.4m for secured connectivity as a service
Published: 22-08-2023 | 11:53:00 | By: Pie Kamau
BBT.live has extended its seed funding round to $8.4 million.


Startup Elecate acquires Synergy International to elevate the hospitality and rental software industry
Published: 22-08-2023 | 11:35:00 | By: Pie Kamau
Elecate has acquired Synergy International.


BingX invests in AI and Web3 startup Moonbox to accelerate growth
Published: 22-08-2023 | 11:20:00 | By: Pie Kamau
BingX has invested in Moonbox, a pioneering AI and Web3 startup.


Frankfurt-based compliance startup Qualifyze raises $12m to accelerate healthcare supply chain
Published: 21-08-2023 | 15:04:00 | By: Pie Kamau
Frankfurt-based startup Qualifyze announced a $12m funding round.


[Column] Ololade Odunsi: Global tech job cuts - what African techies can do to thrive
Published: 21-08-2023 | 14:20:00 | By: Pie Kamau
There have been nearly 160,000 Layoffs among US tech companies.


[Column] Mukesh Bector: How Augmented Reality is transforming print technology
Published: 21-08-2023 | 13:32:00 | By: Pie Kamau
The journey of print technology has been nothing short of remarkable.


D'Amelio Brands announces $5m investment into the Food & Beverage space
Published: 21-08-2023 | 13:21:00 | By: Pie Kamau
D'Amelio Brands announced a $5m investment from Fifth Growth Fund (FGF).


Delaware startup Duravo debuts world's toughest lightweight luggage
Published: 21-08-2023 | 12:57:00 | By: Pie Kamau
Duravo announced the launch of the toughest, yet lightest carry-on suitcase in its class.


Visana Health raises $10.1m seed round to bring comprehensive virtual healthcare to women
Published: 18-08-2023 | 15:19:00 | By: Pie Kamau
 Visana Health announced the close of $10.1 million in seed funding.


Climate tech incubator Greentown Labs appoints Kevin Knobloch as CEO
Published: 18-08-2023 | 14:19:00 | By: Pie Kamau
Greentown Labs has appointed Kevin Knobloch as the organization's next CEO.


Berlin-based startup Mercanis raises $10m to boost savings for procurement teams
Published: 18-08-2023 | 13:40:00 | By: Pie Kamau
Berlin-based startup Mercanis announced the completion of $10m seed funding.


On-demand logistics and delivery startup Picup opens driver training centres in South Africa
Published: 18-08-2023 | 13:20:00 | By: Pie Kamau
Picup has launched its Driver Training Centres in Cape Town.


Cyber security startup ProjectDiscovery raises $25m, launches Cloud Platform
Published: 18-08-2023 | 13:10:00 | By: Pie Kamau
ProjectDiscovery announced it has raised $25m Series A financing round.


Toothio raises $4m to revolutionize dental staffing
Published: 17-08-2023 | 15:12:00 | By: Pie Kamau
Toothio, the on-demand dental staffing platform announced a $4m seed round.


Apica acquires data fabric startup LOGIQ.AI, raises $10m to modernize data management
Published: 17-08-2023 | 14:48:00 | By: Pie Kamau
Apica announced its agreement to acquire data fabric startup LOGIQ.AI.


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


Marqo secures $5.2m to bring continuous-learning vector search to businesses
Published: 17-08-2023 | 14:03:00 | By: Pie Kamau
Marqo, the startup enabling AI-powered search, has closed $5.2m seed investment.


Medicare startup MyPlanAdvocate acquires Eversurance to grow the health insurance market
Published: 17-08-2023 | 13:02:00 | By: Pie Kamau
MyPlanAdvocate (MPA), has announced the acquisition of Eversurance.


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


Oslo-based AI startup Deckmatch secures €1m funding to accelerate growth
Published: 16-08-2023 | 11:09:00 | By: Pie Kamau
Oslo-based AI startup Deckmatch has successfully raised €1m funding round.


Biocanic closes $600k seed round to accelerate growth of its health intelligence platform
Published: 16-08-2023 | 10:42:00 | By: Pie Kamau
San Diego software platform Biocanic has closed $600k seed round.


Altos Radar raises $3.5m to accelerate development of 4D imaging radars
Published: 16-08-2023 | 10:28:00 | By: Pie Kamau
Automotive radar startup, Altos Radar, has raised $3.5m seed round funding.


UK foodtech startup Clean Food Group raises £2.3m funding to scale operations in advance of Series A
Published: 16-08-2023 | 10:15:00 | By: Pie Kamau
Clean Food Group has announced a further £2.3m funding.


Swedish SaaS startup CodeScene raises €7.5m financing round to accelerate growth
Published: 15-08-2023 | 11:19:00 | By: Pie Kamau
Swedish SaaS startup CodeScene has successfully raised €7.5m financing round.


Berlin-based insurtech startup SureIn closes €4m designed for Europe's SMBs
Published: 15-08-2023 | 11:00:00 | By: Pie Kamau
Berlin-based insurtech startup SureIn has closed a €4 million Seed round.


Tech Square Ventures leads investment in cartonization platform, Paccurate
Published: 15-08-2023 | 10:43:00 | By: Pie Kamau
Paccurate announced the closing of $3.5m round led by Tech Square Ventures.


UK foodtech startup Clean Food Group partners with LATAM food technology specialist, Alianza Team
Published: 15-08-2023 | 10:24:00 | By: Pie Kamau
Clean Food Group has announced a strategic collaboration with Alianza Team.


Generative AI has become an emerging risk for enterprises, Gartner survey
Published: 14-08-2023 | 15:33:00 | By: Pie Kamau
The availability of generative AI became a top concern for enterprise risk executives.


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


Beond closes $17m seed round to establish world's first premium leisure airline
Published: 14-08-2023 | 14:50:00 | By: Pie Kamau
Beond announced the successful completion of over $17m seed round.


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


AI chat startup Chai announces $205m valuation
Published: 14-08-2023 | 13:58:00 | By: Pie Kamau
Chai, the AI chat entertainment platform, has announced a $205 million valuation.


AI data startup Virtualitics closes $37m Series C funding round
Published: 10-08-2023 | 18:09:00 | By: Pie Kamau
Virtualitics, announced that it has raised $37 million in a Series C financing.


Binance Labs invests in decentralized Rollups-as–a-Service (RaaS) provider AltLayer
Published: 10-08-2023 | 16:48:00 | By: Pie Kamau
Binance Labs has announced a strategic investment in AltLayer.


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


Nature Coatings secures $2.45m funding to accelerate growth
Published: 10-08-2023 | 16:19:00 | By: Pie Kamau
Nature Coatings announced the successful completion of an oversubscribed $2.45 million seed funding round.


Nigerian mobility fintech Moove secures $76m funding for global expansion
Published: 10-08-2023 | 15:46:00 | By: Pie Kamau
Nigerian mobility fintech Moove, has secured $76 million in new funding.


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


sewts raises €7m to shape the future of robotics, automation in the textile industry
Published: 09-08-2023 | 12:55:00 | By: Pie Kamau
Munich-based deep tech startup sewts has closed €7m Series A financing round.


Venture-backed platform eMerge Americas appoints Melissa Medina as new CEO
Published: 09-08-2023 | 12:29:00 | By: Pie Kamau
eMerge Americas, announced that Melissa Medina will step into the CEO role.


AI startup FeatureByte unveils self-service feature platform
Published: 09-08-2023 | 12:02:00 | By: Pie Kamau
 FeatureByte announced the release of the FeatureByte self-service feature platform.


Preamble joins NVIDIA Inception to boost AI safety and risk mitigation for enterprises
Published: 09-08-2023 | 11:25:00 | By: Pie Kamau
Preamble announced it has joined NVIDIA Inception.


Cultivated meat startup Meatable raises $35m to accelerate commercial launch of its pork products
Published: 08-08-2023 | 12:42:00 | By: Pie Kamau
Meatable has raised $35m in new funding.


Closing the capital gap on impact investment in Africa, report
Published: 08-08-2023 | 11:35:00 | By: Pie Kamau
African fund managers face unique obstacles that impede their access to capital for social impact.


Copenhagen startup Bactolife raises €30m Series A financing to accelerate growth
Published: 08-08-2023 | 11:15:00 | By: Pie Kamau
Bactolife announced it has successfully raised €>30 million.


Haus raises $17m Series A funding to build the future of growth intelligence
Published: 08-08-2023 | 10:44:00 | By: Pie Kamau
Haus has announced $17 million in Series A funding led by Insight Partners.


Persist AI raises $4m seed financing to accelerate drug formulation
Published: 08-08-2023 | 10:11:00 | By: Pie Kamau
Persist AI announced the close of an oversubscribed $4 million financing round.


Fintech startup Okoora fuels Paysend's Israeli market entry
Published: 07-08-2023 | 15:10:00 | By: Pie Kamau
Okoora, the Swiss-Israeli fintech startup has partnered with Paysend.


Functional Finance raises $8m to expand operational efficiency for the insurance industry
Published: 07-08-2023 | 14:45:00 | By: Pie Kamau
Insurtech startup Functional Finance secures $8m in seed capital.


O'Shaughnessy Ventures launches Grants program
Published: 07-08-2023 | 14:29:00 | By: Pie Kamau
O'Shaughnessy Ventures has announced the launch of the O'Shaughnessy Grants program.


IVIX closes $12.5m Series A funding round to accelerate growth, combat financial crimes
Published: 07-08-2023 | 14:09:00 | By: Pie Kamau
IVIX, announced the closing of a $12.5m Series A funding round


OKX Ventures invests $1m funding round in Hong Kong-based AI and Web3 startup Moonbox
Published: 07-08-2023 | 13:57:00 | By: Pie Kamau
OKX Ventures has announced a $1m investment in Moonbox.


Supportwave raises $2.2m seed funding to accelerate the Future of IT support services
Published: 03-08-2023 | 15:42:00 | By: Pie Kamau
Supportwave has announced the successful closure of its seed funding round.


bp ventures invests £4m in UK-based fleet optimization software provider Dynamon
Published: 03-08-2023 | 15:20:00 | By: Pie Kamau
bp ventures has made a £4 million investment in Dynamon.


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).


AI-enabled stealth startup Stackless Data raises $14m seed round to accelerate growth
Published: 03-08-2023 | 13:49:00 | By: Pie Kamau
Stackless Data has raised a seed round at a pre-money valuation of $14 million.


South Korean able-tech startup Kangsters selected for acceleration program by Praxis Labs
Published: 03-08-2023 | 12:03:00 | By: Pie Kamau
Kangsters has been selected to participate in Praxis redemptive acceleration program.


British Business Investments commits €27m to Bootstrap Europe II
Published: 02-08-2023 | 15:22:00 | By: Pie Kamau
British Business Investments has committed €27 million to Bootstrap Europe II.


FAST Accelerator launches 2nd Cohort of AI program for African startups
Published: 02-08-2023 | 15:06:47 | By: Pie Kamau
Flapmax has launched the second FAST Accelerator program.


Kenyan healthtech startup Zuri Health secures additional investment from Marula Square
Published: 02-08-2023 | 14:47:00 | By: Pie Kamau
Zuri Health has secured additional investment from Marula Square.


SnoFox launches from stealth mode with $4.5m in seed funding
Published: 02-08-2023 | 12:19:00 | By: Pie Kamau
SnoFox announced its $4.5 million seed round led by Voyager Ventures.


Hubly Surgical raises $3m oversubscribed funding following FDA clearance
Published: 01-08-2023 | 14:32:00 | By: Pie Kamau
Hubly Surgical has successfully closed its Series seed funding round.


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.


Nigeria's Remedial Health raises $12m to deliver financial services for neighborhood pharmacies
Published: 01-08-2023 | 13:17:00 | By: Pie Kamau
Remedial Health has secured $12m in an equity and debt funding round.


Aachen-based deeptech startup Elevear secures seed financing for audio technology market entry
Published: 01-08-2023 | 12:47:00 | By: Pie Kamau
deeptech startup Elevear has secured seed investment.


London innovation scale-up Wazoku brings innovation to the enterprise with full Teams integration
Published: 01-08-2023 | 12:14:00 | By: Pie Kamau
Wazoku has announced a full integration with collaboration platform Microsoft Teams.


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


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.


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.


7 in 10 UK tech workers consider hybrid working a key factor when considering a future employer, report
Published: 17-05-2023 | 12:47:00 | By: Pie Kamau
Techspace has released The Scaleup Culture Report, a national report diving into the current state of workplace culture across the UK tech industry.


Dairy Runway program launches to provide education and support for early-stage dairy innovators
Published: 10-05-2023 | 15:09:00 | By: Pie Kamau
Cornell University's Center for Regional Economic Advancement (CREA) and the Northeast Dairy Foods Research Center have launched the Dairy Runway program, an entrepreneurship curriculum for dairy innovators.


GRASP fellowship invests in African women researchers
Published: 06-04-2023 | 12:15:00 | By: Bob Koigi
The Kenyan women, and others selected for the GRASP Fellowship, are set to participate in a series of interventions, including leadership and mentoring training, designed to enable them to become more effective policy practitioners


Fertility treatments aren't just for the 1%, Sunfish
Published: 28-03-2023 | 11:23:00 | By: Pie Kamau
Sunfish, a fintech company founded last year, aims to make fertility treatments more accessible and has recently designed a new product to help reduce the cost of In Vitro Fertilization (IVF).


5 innovation metrics (KPIs) every CEO should care about, Plug and Play
Published: 08-03-2023 | 12:27:00 | By: Pie Kamau
Are your innovative strategies paying off? As a CEO, innovating is part of the job description - but do you know if it's actually making a difference in your company? It’s time to get down to data-driven business.


Mexican TV audiences back AI dubbing over subtitles, report
Published: 07-03-2023 | 11:59:00 | By: Pie Kamau
The world's biggest entertainment distributors could win over millions of TV viewers currently swerving non-domestic content by deploying AI dubbing, new research suggests.


To stay competitive, startups must combat gender diversity debt, study
Published: 17-02-2023 | 10:25:00 | By: Pie Kamau
Entrepreneurship is booming, but women are underrepresented among its founders, investors and employees. A recent study investigates entrepreneurship's gender "diversity debt," a demographic disparity that can be difficult and costly to remedy.


[Interview] Seyi J. Matanmi, Founder, Hosteet, Nigeria
Published: 13-02-2023 | 11:21:00 | By: Pie Kamau
Seyi J. Matanmi is a technology product developer and entrepreneur. Educated in software development, research and analytics, he currently leads the cloud services outfit, Hosteet, operating out of Lagos, Nigeria.


Startup Genome partners with Endeavor to research the Detroit region's entrepreneurial ecosystem
Published: 31-01-2023 | 09:51:00 | By: Pie Kamau
Startup Genome and Endeavor are working together to study and support the Detroit region's entrepreneurial and innovation ecosystem development.


Michigan State University biotech startup Iaso Therapeutics closes $1.25m equity series seed preferred financing
Published: 26-01-2023 | 13:02:00 | By: Pie Kamau
Iaso Therapeutics closed the first tranche of the company's $1.25 million series seed preferred round of financing.


African tech ecosystem raised $6.5 billion in 2022, report
Published: 25-01-2023 | 12:40:00 | By: Pie Kamau
Partech Africa, the VC fund dedicated to technology startups in Africa, has issued its annual report on Africa Tech Venture Capital, which reveals that despite the global VC downturn, the African tech ecosystem grew faster than all other markets globally. 


5 key insurance industry trends in EMEA region according to Plug and Play
Published: 23-01-2023 | 13:50:00 | By: Pie Kamau
Insurance industry trends over the past year have been significant, especially across Europe, the Middle East, and Africa (EMEA) region.


YouBiz research reveals key trends and challenges facing Southeast Asian SMEs in 2023
Published: 19-01-2023 | 11:00:00 | By: Pie Kamau
YouBiz, the SME spend management platform by YouTrip, launched its first whitepaper studying emerging business spending trends and key business priorities for SME in 2023.


Innovation scale-up Wazoku launches Mindpool SME to help small businesses capture employee insights
Published: 19-01-2023 | 10:41:00 | By: Pie Kamau
Innovation scale-up Wazoku announced it has launched Mindpool SME, an employee insights dashboard that makes it simpler & faster for SMEs to listen to, understand, and act on employee insights.


Healthcare venture capital fundraising and investment remained strong in 2022, SVB reports
Published: 11-01-2023 | 11:42:00 | By: Pie Kamau
SVB released its 12th annual Healthcare Investments and Exits Report which shows venture capital fundraising and investment persisted in 2022.


For women entrepreneurs, the West is the new promised land, report
Published: 04-01-2023 | 16:40:00 | By: Pie Kamau
America's original Westward Expansion was led by entrepreneurs of the day noticing great economic opportunities out of the West. A study by MerchantMaverick.com shows that a new slew of opportunities are appearing in Western states for women entrepreneurs.


AWARD selects 50 African women for fellowship on improving policy in the agri-food systems
Published: 30-11-2022 | 14:00:00 | By: Bob Koigi
Inspired by the flagship AWARD Fellowship Model, the Gender Responsive Agriculture Systems Policy (GRASP) Fellowship, aims to grow a pool of confident and capable African women to lead policy changes to improve African smallholders’ livelihoods.


New Adevinta Ventures report reveals that B2B Marketplaces outperform other tech segments in VC funding
Published: 25-11-2022 | 09:19:00 | By: Pie Kamau
Adevinta Ventures, the early-stage investment arm of Adevinta, an online classifieds specialist, is launching a new B2B marketplaces report.


[Column] Natalia Ahmadian: Four ways to accelerate tech transfer in Europe
Published: 23-11-2022 | 10:27:41 | By: Pie Kamau
The importance of university spin-offs has been recognized for decades. Several studies showed that Tech Transfer is beneficial for social welfare and entrepreneurial activity


Fintech emerging as Africa’s most vibrant sector, study
Published: 28-10-2022 | 13:42:00 | By: Pie Kamau
Fintech startups in Africa grew 81% in 2021, with South Africa, Nigeria, and Kenya emerging as key hubs on the continent, found a Mastercard study on the state of fintech in African markets.


Meet female scientists who develop cellular and gene therapies in China, Jiang and Zhang
Published: 27-10-2022 | 12:16:00 | By: Pie Kamau
Inside Namtai Inno Park in Guangming District hides a low-profile biomedical development firm; Shenzhen Wingor Biotechnology company.


Novo Seeds portfolio company NMD Pharma reports positive top-line Phase I/IIa data in myasthenia gravis
Published: 11-10-2022 | 12:46:12 | By: Pie Kamau
Novo Holdings announced that its portfolio company NMD Pharma, reported positive top-line results from a Phase I/IIa clinical trial for its lead asset, NMD670.


London-based Pheon Therapeutics launches with $68m financing to advance novel ADC for treatment of solid tumors
Published: 28-09-2022 | 10:49:00 | By: Pie Kamau
Pheon Therapeutics (Pheon), an ADC specialist developing next generation ADCs for a wide range of hard-to-treat cancers has launched, following the closing of a $68 million Series A financing.


French biotech startup Tridek-One closes €16m to develop first-in-class immune checkpoint agonists
Published: 16-09-2022 | 12:07:00 | By: Pie Kamau
Tridek-One, a Paris-based biotech startup specialized in the research and development of CD31 agonists to restore the immune balance, announced it has closed a €16 million financing round led by the Swiss VC Pureos Bioventures.


Finnish biotech startup Onego Bio secures €4.5m additional funding to accelerate Research & Development
Published: 12-09-2022 | 11:57:00 | By: Pie Kamau
Business Finland, a public organization under the Finnish Ministry of Employment and the Economy, has awarded a grant of additional €4.5 million for Onego Bio's research and development work.


BioInnovation Institute announces new cohort of companies entering the Venture Lab program
Published: 07-09-2022 | 12:43:00 | By: Pie Kamau
BioInnovation Institute (BII), an international commercial non-profit foundation incubating and accelerating world-class life science research, announced the latest cohort of participants in its Venture Lab acceleration program for early-stage startups.


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


Immigrants have started more than half of America's billion-dollar startup companies, study
Published: 27-07-2022 | 16:37:00 | By: Pie Kamau
Immigrants have started more than half (319 of 582, or 55%) of America's startup companies valued at $1 billion or more, according to a new study from the National Foundation for American Policy (NFAP), a nonpartisan research organization.


Alien Invasive Fruit Flies project comes to the rescue of Southern Africa mango farmers
Published: 20-06-2022 | 10:45:00 | By: Bob Koigi
In a bid to tame the voracious flies, the Alien Invasive Fruit Flies project in Southern Africa has come up with five technologies as part of an integrated pest management (IPM) package.


[Interview] Michelle Matthews, Director, Viridian, South Africa
Published: 14-06-2022 | 17:14:50 | By: Bob Koigi
Following the rising levels of unemployment among young South Africans, the UK-South Africa Tech Hub Launch League initiative undertook a research project.


African tech startup funding will double by 2025, research
Published: 14-06-2022 | 15:18:00 | By: Bob Koigi
African business leaders are forecasting a surge in spending on tech start-ups as foreign direct investment and improved internet connectivity helps establish the continent as a tech superpower, new research for blockchain-based mobile network operator World Mobile shows.


Birmingham-based startup Astound raises $1m seed round to improve university access to corporate-sponsored research funding
Published: 01-06-2022 | 09:56:00 | By: Pie Kamau
Astound, a Birmingham-based startup, secured $1 million in seed funding to develop the first marketplace to allow research institutions and universities to easily find corporate sponsors.


Biotech startup Transine Therapeutics closes £13.7m seed round to accelerate its platform and portfolio development
Published: 31-05-2022 | 12:01:00 | By: Pie Kamau
Transine Therapeutics (Transine), a biotechnology company, announced it has successfully raised £4.6 million in additional seed funding.


Breakthrough Properties raises $3b to develop next-gen life science ecosystems
Published: 03-05-2022 | 16:46:00 | By: Pie Kamau
Breakthrough Properties, a joint venture of Tishman Speyer and Bellco Capital, announced the final closings for the Breakthrough Life Science Property Fund.


French AI startup Kryptview raises $650k in pre-seed to develop community-driven crypto research platform
Published: 25-04-2022 | 13:48:00 | By: Pie Kamau
Kryptview, a collective intelligence platform that provides peer-reviewed research for digital assets, announced the closure of its pre-seed round, raising $650,000 from crypto technology companies.


Startups increasingly use memorable, key-word rich descriptive domain names to stand out from competitors, study
Published: 20-04-2022 | 13:06:00 | By: Pie Kamau
TrueName, a global leader in descriptive domains, announced that more startups are choosing descriptive domains than in previous years per recent data by Marc Köhlbrugge.


What Africa requires to attain sustainable and effective food systems
Published: 07-04-2022 | 11:00:00 | By: Bob Koigi
A variety of factors constrain those who are reliant on farming for their livelihoods – particularly smallholders, including women and youth – from stepping up or stepping in to agriculture.


Swiss edtech startup Alphacruncher raises €1.45m for global rollout of research cloud workspace product
Published: 16-03-2022 | 13:36:00 | By: Pie Kamau
Swiss edtech startup Alphacruncher has raised €1.45 million funding from Austrian venture capital firm Alpine Equity, NGM, private investors and existing users, to enable the global rollout of its education and research cloud workspace product, Nuvolos.


Achieving inclusive cocoa and palm oil commercialization in West Africa
Published: 11-02-2022 | 11:30:00 | By: Bob Koigi
Abugre also noted that questions remain with regards to the future of cocoa production given global price trends, climate change, farmers stepping into the sector, and income distribution effects at the local level.


Israel tech startups raised $25.4 billion in 2021, report
Published: 03-01-2022 | 09:54:13 | By: Bob Koigi
The unprecedented figure represents a 136% increase over last year, which concluded with a full-year total of $10.8 billion raised.


African scientists make a case for home grown research on continent’s food systems
Published: 24-12-2021 | 12:00:00 | By: Bob Koigi
A storytelling event organized by African Women in Agricultural Research and Development (AWARD), saw four accomplished African researchers working on agriculture and food security share their personal journeys in agricultural research, and discuss how they are working to transform farming on the continent.


Nigeria tech startups raised $1.7billion in 2021, report
Published: 20-12-2021 | 14:38:00 | By: Pie Kamau
Since the beginning of 2021, Africa-based tech startups have raised more than $2.9 billion with Nigerian startups which are creating new products, services, and platforms raising $1.7 billion of this total or about 60% of it, a new report has found.


The University of Nairobi and Elgon Kenya to develop agriculture technology and innovation centre
Published: 17-12-2021 | 17:40:11 | By: Bob Koigi
The agriculture sector in Kenya has received a major boost following a partnership between two leading institutions to set up a technology and innovation centre, the first of its kind in East Africa.


Netherlands emerging as 'Hottest Tech Hub' in Europe, not reaching its full potential yet, report
Published: 07-12-2021 | 15:31:00 | By: Pie Kamau
Atomico, an international investment firm that focuses on helping disruptive technology companies scale globally, announced that the Netherlands is emerging as Europe's hottest tech hub.


Agritech startup FarmSense receives $2.2m SBIR funding for development of biosecurity measures against native and invasive pests
Published: 24-11-2021 | 08:27:00 | By: Pie Kamau
FarmSense, the agritech startup and creator of Smart Flight Sensors, announced it has been awarded Small Business Innovation Research (SBIR) funds in the amount of more than $2.2 million.


Retail media research startup Future Commerce announces launch of weekly podcast
Published: 20-11-2021 | 12:00:56 | By: Bob Koigi
Infinite Shelf recognizes that digital media and eCommerce tactics and strategies are no longer confined to traditional eCommerce channels and direct-to-consumer.


Illumina and Sequoia Capital select first startups to join Genomics Incubator in China
Published: 18-11-2021 | 08:56:00 | By: Pie Kamau
Illumina and Sequoia Capital China, an investment firm, jointly announced the selection of the first two startup companies joining the Sequoia Capital China Intelligent Healthcare Genomics Incubator, Powered by Illumina.


Robert Bosch Venture Capital GmbH joins Variantyx's $26m Series C funding round
Published: 17-11-2021 | 12:20:00 | By: Pie Kamau
Robert Bosch Venture Capital GmbH, the corporate venture capital company of the Bosch Group, has completed an investment in Variantyx, to improve personalized oncology treatment.


North Carolina's SAS and Pappas Capital partner to propel agritech startups with analytics
Published: 21-10-2021 | 13:04:00 | By: Pie Kamau
Two North Carolina companies, analytics leader SAS and venture investment firm Pappas Capital, are joining forces to help advance the state as a global leader in agricultural technology.


Biotech startup Elevian raises $40m Series A to advance treatments for stroke recovery and age-related diseases
Published: 17-09-2021 | 12:24:00 | By: Pie Kamau
Elevian, an emerging biotech company developing medicines that restore youthful regenerative capacity with the potential to treat and prevent multiple age-related diseases, announced it raised $40 million in an oversubscribed Series A round led by Prime Movers Lab.


ITRI partners with Arm to provide resources for innovative IC design startups in Taiwan
Published: 15-09-2021 | 16:49:37 | By: Pie Kamau
To promote Taiwanese local IC design startups, the Industrial Development Bureau (IDB) under the Ministry of Economic Affairs (MOEA) is supporting the Industrial Technology Research Institute (ITRI) and Arm, in providing critical resources.


Israeli startup Quantum Machines raises $50m to make quantum computers ubiquitous and disruptive across all industries
Published: 07-09-2021 | 15:07:00 | By: Pie Kamau
Tel Aviv based startup Quantum Machines, creator of the Quantum Orchestration Platform, announced it has secured $50 million in Series B funding to expand its growth into quantum cloud computing and drive its worldwide distribution.


CB Insights launches algorithm to score the quality of startup's founding and management team
Published: 02-09-2021 | 13:05:15 | By: Pie Kamau
CB Insights, which enables world's leading companies to make smarter technology decisions, announced Management Mosaic, the first-ever algorithm to demystify the quality of a startup's founding and management team.


Next-gen research platform Litmaps closes $125K seed-stage investment from Quidnet Ventures
Published: 02-09-2021 | 12:55:00 | By: Pie Kamau
Litmaps, a Science software company based in Wellington, New Zealand has received NZ$125,000 in funding from Quidnet Ventures, a New Zealand-based venture capital fund with operations in Auckland, NZ, San Francisco and New York.


Financials, ICT remain the most attractive sectors for VC investment in Africa, report
Published: 07-07-2021 | 08:34:56 | By: Bob Koigi
Mapping Africa’s startup landscape between 2014 and 2020, the report provides data and analysis on venture capital (VC) deal activity in Africa in 2020 along with information about the types of investors that have participated in those deals.


AI startup LLENA (AI) partners with Southern University to support (USDA/NIFA) Agriculture and Food Research Initiative
Published: 29-06-2021 | 14:24:00 | By: Pie Kamau
LLENA (AI) Health Solutions, announced a partnership with Southern University in Baton Rouge, Louisiana to support their "Center of Excellence for Nutrition, Health, Wellness, and Quality of Life" initiative to address diet-related health disparities.


The nexus between gender-responsive research and agricultural productivity in Africa
Published: 27-05-2021 | 11:15:00 | By: Bob Koigi
Smallholder farmers across Africa are looking to science to boost farm productivity and to tackle emerging threats, partiuclarly with regards to climate change and pandemics as demonstrated by COVID-19, the report further noted.


Fact.MR redefines the way startups access market research
Published: 21-04-2021 | 12:54:00 | By: Pie Kamau
The number one reason for startup failure isn't lack of funding or stiff competition. The main reason is 'misreading market demand'. Therefore, it becomes important for startups to thoroughly research the market.


CRIO secures Series A financing to accelerate growth, platform development
Published: 16-03-2021 | 15:10:00 | By: Pie Kamau
Clinical Research IO (CRIO), a Boston-based technology firm offering clinical research sponsors and sites a platform to streamline clinical trials, announced the completion of a $3.5 million Series A round led by Rally Ventures.


From grass to cash: Harnessing the power of climate smart forage grasses in Western Kenya
Published: 25-02-2021 | 08:45:00 | By: Bob Koigi
Kenyan researchers have been working with farmers in Western Kenya to test new varieties of fodder grasses known to have higher protein, low fiber and are fast maturing.


Investment in Forward BIOLABS paying off for bioscience startups
Published: 19-02-2021 | 12:02:04 | By: Pie Kamau
Forward BIOLABS, a co-working life science lab that helps bioscience startups grow, is celebrating early successes and honoring the companies that support the organization.


Boast.AI secures $100m to fuel R&D tax credit-based financing for startups
Published: 18-02-2021 | 09:14:00 | By: Pie Kamau
Boast.ai, a software innovator whose flagship product automates the complex process of applying for R&D tax credits, secured a $100 million credit facility from Brevet Capital, a leading alternative credit investment and specialty finance firm.


Kinyungu Ventures calls for changes to cut-and-paste VC strategy in Africa
Published: 18-01-2021 | 16:14:00 | By: Pie Kamau
A new White Paper published by East African venture advisory firm Kinyungu Ventures shows there continues to be a wide misalignment between traditional venture capital models and the African market.


US venture exit value achieved $290 billion in 2020 alongside record years for investment and fundraising activity, report
Published: 14-01-2021 | 11:10:00 | By: Pie Kamau
Though the past year had a lot of uncertainty brought on by the coronavirus (COVID-19) pandemic, the US VC industry demonstrated its resilience and long-term mindset, achieving new records in total exit value, deal value and capital raised by VC funds.


Egypt’s life science startup Nawah Scientific raises $1m round for market expansion
Published: 13-01-2021 | 08:22:00 | By: Pie Kamau
Egyptian life science startup Nawah Scientific announced the the closing a second pre-series A round of $1 million in mixed equity and debt capital, raising its total funding to $2 million.


October Startup Sentiment Index shows three-month trend in advancing startup timelines
Published: 12-11-2020 | 12:57:50 | By: Pie Kamau
The number of respondents agreeing that now is a good time to start a business reached a three-month high at 60.6% in October.


Medtech startup Immertec partners with Orthopaedic Foundation to demonstrate effectiveness of VR surgical training
Published: 12-11-2020 | 12:42:56 | By: Pie Kamau
Orthopaedic Foundation has partnered with medtech startup Immertec, to conduct research to evaluate the effectiveness of VR for remote surgical training.


Nearly 60% of startup founders say operating costs are their top spending priority in the first quarter
Published: 11-11-2020 | 14:03:00 | By: Pie Kamau
While the long-term economic effect of the COVID-19 pandemic is still unknown, the remote work period has forced startups to adjust their spending priorities, according to a new survey from Clutch, a B2B ratings and reviews platform.


Mohammed VI Polytechnic University partners with Plug and Play to launch accelerator programme in Morocco
Published: 09-11-2020 | 09:13:33 | By: Pie Kamau
Mohammed VI Polytechnic University (UM6P), an academic and research institution, has partnered with global innovation platform, Plug and Play, to launch an Open Innovation Hub in Morocco, with the support of OCP Group.


[Algeria] Sonatrach invests in university incubator for startups
Published: 22-10-2020 | 08:17:00 | By: Bob Koigi
Algeria state owned oil company Sonatrach has partnered with the National Agency for the Promotion of Research and Technological Development Results (ANVREDET), to establish a university incubator for start-ups.


Amsterdam based startup Zeta Alpha launches AI platform to help experts navigate new research
Published: 22-09-2020 | 13:00:00 | By: Pie Kamau
Amsterdam based startup Zeta Alpha is launching AI Research Navigator, a new deep learning-based search platform, to help AI experts navigate new research.


London based health tech startup Closed Loop Medicine secures £250,000 Innovate UK continuity funding
Published: 24-07-2020 | 15:46:00 | By: Pie Kamau
Closed Loop Medicine (CLM), London based therapeutics and health tech company has secured a £250,000 COVID-19 Innovate UK Continuity Funding award to support its ongoing clinical research programme.


Quantum technology startup Q-CTRL enters global partnership with Advanced Navigation
Published: 22-07-2020 | 10:40:33 | By: Bob Koigi
Q-CTRL, a startup that applies the principles of control engineering to accelerate the development of quantum technology, has partnered with Advanced Navigation, a leader in AI-based navigational hardware.


AI startup Deep Longevity launches with Series A financing
Published: 22-07-2020 | 10:31:00 | By: Bob Koigi
Deep Longevity, a biotechnology company transforming longevity R&D through AI-discovered biomarkers of aging, has come out of stealth from Insilico Medicine with financing from prominent investors worldwide.


Dutch online startup, scale-up community funds international research into COVID-19
Published: 20-07-2020 | 15:56:00 | By: Pie Kamau
Eighteen entrepreneurs from the Dutch online startup and scale-up community are joining forces to finance an international study by Erasmus MC into the clinical picture of COVID-19.