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San Francisco, London among most developed venture capital cities in the world, report
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
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
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
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
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.
Investor-founder disconnect poses major threat to African tech funding
African tech investors will not invest follow-on funding in a startup failing to provide regular reporting updates.
Generative AI has become an emerging risk for enterprises, Gartner survey
The availability of generative AI became a top concern for enterprise risk executives.
Closing the capital gap on impact investment in Africa, report
African fund managers face unique obstacles that impede their access to capital for social impact.
German healthcare investor SHS Capital acquires majority stake in CAM Bioceramics
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
PitchBook has released findings from a new survey in partnership with Collision.
Africa among top 3 regions prone to mobile financial scam, report
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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.
Tech startup Sport Source launches two-way marketplace to discover and book physical activity spaces
Sport Source, the tech startup that connects people with available facilities in their area to participate in the activities they love; basketball, tennis, swimming and more, announced its launch in the App Store.
Next-gen CX startup Dixa raises $105m Series C to transform customer service worldwide
Founded as a customer service solution that evolved into a customer engagement platform, European company Dixa announced a Series C funding round totaling $105 million.
Tech startup OneStream TV launches free streaming aggregator to battle streaming fatigue
Tech startup OneStream TV has launched a super streaming aggregator to allow consumers who are tired of paying for too many streaming services to use a single platform to discover thousands of free movies and tv shows.
PowerPublish recognized as top tech startup
PowerPublish, a virtual marketplace connecting brand marketers with journalists and writers, was recognized in annual list of top 10 tech startups.
Legaltech startup Hello Divorce raises $2m seed round to disrupt the broken divorce process
Hello Divorce, the legaltech platform for affordable, less-stressful divorces, announced a seed investment of $2 million led by disruptive tech investor CEAS.
Expert DOJO commits $5m to invest in female-founded African startups
Expert DOJO is committing $5 million fund to invest in early-stage African startups over the next 6-months. Expert DOJO will host the Africa-only cohort this September, marking the beginning of a long-term commitment.
Ampere to acquire technology startup OnSpecta to accelerate AI inference on cloud-native applications
Ampere Computing announced it has agreed to acquire AI technology startup OnSpecta, strengthening Ampere Altra performance with AI inference applications.
Payments startup Lithic raises $60m Series C as demand for card issuing platform surges
Lithic, the card issuing platform for developers, raised $60 million in Series C funding, bringing the company's total fundraising to $110 million.
HYPE GVA 2.0 NFTs startup MyLads seals €7.6m investment round
HYPE Sports Innovation, GVA 2.0 NFTs startup, MyLads, a player in Augmented Reality (AR) Sports Fan Engagement, has closed a €7.6 million Seed Investment Round led by Riva Technology and Entertainment (RTE).
Paxos adds Bank of America, Coinbase Ventures, Founders Fund & FTX to Series D funding round
Paxos, the first regulated blockchain infrastructure platform, announced it has added strategic investors including Bank of America, Coinbase Ventures, Founders Fund and FTX to its Series D round of funding.
Nigerian healthtech startup Field Intelligence expands into eleven new cities across East and West Africa
Nigerian healthtech startup Field Intelligence announced its expansion into Rivers, Edo, Kaduna, Kano, Enugu, Delta and Kwara States in Nigeria, and Eldoret, Mombasa, Kisumu and Naivasha in Kenya.
Connie Health startup secures additional $13m to scale its tech-enabled Medicare navigation platform
Connie Health, a tech-enabled consumer Medicare navigation platform helping Americans make more informed health and financial choices, announced a $13 million Series A round and begins operations in its second state, Texas.
Lithium-ion battery recycling and manufacturing startup Battery Resourcers appoints Kelly Kay to its Board of Directors
Battery Resourcers, a vertically integrated lithium-ion battery recycling and manufacturing startup announced the appointment of Kelly Kay to its Board of Directors.
Nobell Foods startup raises $75m Series B to introduce cheese made from plants
Nobell Foods startup announced it has raised $75 million to introduce delicious cheeses made from plant-derived dairy proteins, supporting its larger mission of creating a radically more humane and sustainable food system.
Healthtech VC firm Nina Capital announces five more investments, launches second fund set to reach €40m
Nina Capital, a specialized venture capital (VC) firm focused on health technology, announced its last five investments of its first fund and the launch of its second fund, Nina Capital Fund II FCRE.
South African payments startup Yoco raises $83m Series C funding to accelerate growth
South African payments startup Yoco has raised a Series C funding round of $83 million (R1.23 billion) to accelerate product development and reach more merchants in South Africa and beyond.
Virtual cycling startup Velocity secures $3.4m in seed round funding
Vision Quest Velocity LLC, an early-stage virtual cycling startup, announced it has raised $3.4 million in seed round funding, led by strategic financial partners.
UK-based legaltech startup Clara opens in Dubai following investment from DIFC FinTech Fund
Dubai International Financial Centre (DIFC), the global financial centre in the Middle East, Africa and South Asia (MEASA) region, announced it has invested in UK-based legaltech startup, Clara.
Investment firm NightDragon closes $750m growth fund as part of next-gen cybersecurity, safety, security and privacy platform
NightDragon announced the close of NightDragon Growth I, a new $750 million venture capital fund to invest in and advise late-stage and growth companies in the cybersecurity and privacy industry.
Pet startup Embark Veterinary raises $75m Series B funding to accelerate growth
Embark Veterinary, a global leader in dog genetics, announced $75 million in Series B funding, the biggest Series B for a pet startup to date.
Middle East startup Workfam joins disruptive tech portfolio of GELLIFY and Azimut
UAE based startup, Workfam, the employee engagement SaaS platform that supports organizations with their mission to create a happy, healthy, and highly engaged workforce, has joined the portfolio of GELLIFY.
Workflow startup Symbolic Frameworks launches from stealth to debut Protagonist, a visual and collaborative decision-making app
Symbolic Frameworks (Symbolic), a provider of workflow applications that help make idea generation, decision making, and prioritization more collaborative, faster and higher quality, is launching from stealth.
Hospitality tech startup Bbot raises $15m Series A to expand platform capabilities, improve support for restaurants
Bbot, a hospitality tech startup dedicated to simplifying and improving the ordering and payments process for restaurants, announced $15 million in Series A funding led by CRV.
MIT Undergrad startup Karleki launches after raising $450K venture capital
Karleki, an MIT undergrad startup has launched after raising $450K of venture capital from billionaire Eric Yuan, Cronos Ventures.
San Diego Angel Conference activates $1.7m in funding of innovative startups
San Diego Angel Conference (SDAC), has reached a significant milestone by collectively helping to raise $1.7 million for U.S. companies in the first six months of 2021.
Oxford Foundry partners with FMDQ Private Markets to accelerate Nigeria’s startup ecosystem
Oxford Foundry and FMDQ Private Markets have launched a global partnership to accelerate the growth of Nigeria’s startup ecosystem.
Canadian tech startup Edgehog secures $1.25m seed round to accelerate growth
Edgehog Advanced Technologies, developer of the world's best nanotextured, omni-directional, anti-reflective glass, announced the first closing of $1.25 million of its $2.5 million seed capital raise.
RAIsonance Inc. joins Microsoft for Startups program
RAIsonance Inc., a family of Artificial Intelligence/Machine Learning (AI/ML)-based technology companies headquartered in the Denver Tech Center, announced it has been named the newest member of Microsoft for Startups.
South Florida-based Ocean Azul Partners closes Fund II at over $40m
South Florida-based Ocean Azul Partners announced it has completed fundraising for its second fund with total commitments exceeding $40 million.
DLA Piper advises 4G Clinical in $230m growth equity investment from Goldman Sachs Asset Management
DLA Piper represented 4G Clinical, a cutting-edge randomization and trial supply management (RTSM) company serving the life sciences industry, in a growth equity investment of over $230 million from Goldman Sachs Asset Management.
Hong Kong-based insurtech startup YAS MicroInsurance features in TOP 10 of Plug and Play Insurtech Batch 5 startups
Hong Kong-based next-generation Insurtech startup YAS MicroInsurance, has been featured as one of the TOP 10 of the Insurtech Batch 5 in Plug and Play APAC, a well-known global startups accelerator and innovation platform.
BimaLab accelerator programme launches to support Insurtech startups in Kenya
FSD Africa, the Insurance Regulatory Authority (IRA) and Tellistic Technology Services have launched BimaLab, a KES 5.3 million accelerator programme designed to support insurance startups in Kenya.
Agritech startup Adaviv raises $2.3m seed round to scale its AI-driven plant intelligence platform for indoor farming
Adaviv, a cultivation technology company surfacing actionable insights for Controlled Environment Agriculture, announced the raise of $2.3 million in an oversubscribed Series Seed financing led by Delta Emerald Ventures.
TDK Ventures backs metal additive manufacturing startup, Fabric8Labs
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.
BIND 4.0 opens sixth call for innovative tech startups around the world
The Open Innovation & Acceleration Program, BIND 4.0, has just launched its sixth edition open call to search for the most innovative technology startups around the world.
Music marketplace Breakr raises $4.2m seed round to meet the growing demand for creator monetization tools
Breakr, a fast growing music marketing platform announced it has raised $4.2 million in seed funding to meet the rapidly growing demand for creator monetization tools and digital music promotion solutions.
Tech startup Properly raises $35m Series B financing to transform real estate experience In Canada
Properly, the Canadian tech-enabled real estate brokerage, announced $35 million in Series B financing to fuel a national expansion across Canada's $400 billion real estate market.
South Korean AI startup Lunit secures investment from Guardant Health
Lunit, an AI startup in AI-powered cancer solutions, announced a strategic investment of $26 million from a precision oncology company, Guardant Health.
Zing Health startup joins ConnectureDRX platform to simplify path to Medicare enrollment
Zing Health has partnered with ConnectureDRX, a healthcare software company, to give insurance brokers and consumers a superior experience for choosing the Medicare Advantage plans that best fit each beneficiary's needs.
Venture-backed platform eMerge Americas closes investment round led by Florida Funders
eMerge Americas, a venture-backed platform focused on transforming Miami into the tech hub of the Americas, announced the closing of an investment round led by Florida Funders.
Renaissance Venture Capital closes $77.5 m fourth fund
Renaissance Venture Capital has closed its fourth fund with $77.5 million of new capital. Since it opened in 2008, Renaissance has raised over $280 million, making it the largest "fund of funds" of its kind in the United States.
Egyptian social e-Commerce startup Taager raises $6.4m seed round
Taager, an Egyptian social e-Commerce startup raised a $6.4 million seed funding round to help it scale its platform and expand across the Middle East.
OneScreen.ai startup closes $1m pre-seed round to fix the broken out-of-home (OOH) advertising industry
OneScreen.ai, a startup that is solving in out-of-home (OOH) advertising problem, closed $1 million in pre-seed funding.
Dragonboat closes $3m seed round to bring product portfolio management to outcome focused teams
Dragonboat, the Product Portfolio Management platform, announced a $3 million seed round by Act One Ventures, Roble Ventures and GingerBread Capital.
Israeli Start-Up Nation Central appoints Avi Hasson as new CEO
Start-Up Nation Central, the independent not-for-profit organization connecting global corporations, investors, and governments to the Israeli tech innovation ecosystem, announced the appointment of Avi Hasson as its next Chief Executive Officer.
LearnWorlds secures $32m in growth funding to help educators create and sell online courses
LearnWorlds, an all-in-one platform for creating and selling online courses, has secured a $32 million minority investment by global venture capital and private equity firm Insight Partners.
Wearable robotics startup Verve Motion raises $15m Series A funding
Wearable robotics startup Verve Motion has raised $15 million in Series A funding, led by Construct Capital as well as follow-on investments from existing investors, Founder Collective, Pillar VC, Safar Partners, OUP, and a number of angel investors.
Danish fintech startup HelloFlow raises $1.6m for its no-code KYC and client onboarding solution
HelloFlow, a Danish fintech startup, has closed a $1.6m Seed round led by a Danish VC PreSeed Ventures, and UK-based, Seedcamp.
Fintech startup Marco closes $82m seed round to supercharge growth
Marco, the first tech-enabled financing platform built for small and medium-sized exporters in the United States and Latin America, announced it has raised $82 million in seed funding.
unybrands startup raises $300m in growth capital to acquire and scale e-Commerce businesses
unybrands, an integrated platform for e-Commerce businesses looking to scale their operations on and off Amazon, announced the closing of up to $300 million in growth capital with Crayhill Capital Management.
Subscription social media startup Fanbase unveils 25 member Creator Advisory Board
Fanbase, the subscription-based social platform, unveiled its Creator Advisory Board members.
Nigerian fintech startup Lidya raises $8.3m pre-Series B funding round
Nigerian fintech and lending startup Lidya announced the completion of its $8.3 million pre-Series B funding round. Alitheia Capital led the investment through its uMunthu Fund with the participation of Bamboo Capital Partners.
Frisco-based startup Apty raises $7.5m Series A funding to grow its DAP software
Digital Adoption Platform (DAP) Apty secured $7.5 million in Series A funding. Apty develops DAP software catering to Enterprises with complex business processes, enabling them to maximize the adoption of software and processes.
Agritech startup GrowFlux selected to join Wells Fargo Innovation Incubator program
The Wells Fargo Innovation Incubator, a technology incubator and platform funded by the Wells Fargo Foundation, has selected GrowFlux and four other startups to participate in the program's ninth cohort.
IFC invests €15m in private equity fund Avallon MBO to support mid-cap businesses in Poland
Mid-cap enterprises in Poland will have increased access to growth equity, with an IFC investment aiming to help them tackle the impact of COVID-19 while creating jobs and accelerating growth.
Banque Misr partners with Microsoft to support fintech startups in Egypt
Banque Misr signed a Memorandum of Understanding (MoU), with Microsoft Egypt to launch the first open innovation program in the Egyptian market, enabling a spurt in fintech startup growth.
Kenyan startup Marketforce appoints Ore Omolaja as Country Manager, Head of Business for Nigeria
Marketforce, the Kenyan-based B2B platform for retail distribution of consumer goods and digital financial services in Africa, announced the appointment of Ore Omolaja as the Nigeria Country Manager and Head of Business, effective 15th July 2021.
Kenyan startup MarketForce raises $2m pre-Series A to scale B2B retail marketplace, RejaReja
MarketForce, the Kenyan-based B2B platform for retail distribution of consumer goods and digital financial services in Africa, announced a $2 million pre-Series A round, bringing total funding to-date to $2.5 million.
South African startup Omnisient raises $1.4m for global expansion
Omnisient, a secure data collaboration platform, has achieved its second raise this year totalling $1.4 million. The investments will be used to expand the Omnisient team, accelerate product development and drive international expansion.
Miami-based startup GathR Virtual Studios raises $2.7m to evolutionize hybrid working
Miami-based startup, GathR Virtual Studios completed a pre-seed round to fund its innovative take on the widely used two-dimensional home-office meeting "apps" made popular during the COVID-19 shutdown.
FDJ announces partnership with Plug and Play Brand & Retail France
FDJ announced the beginning of a partnership with Plug and Play, world's open innovation platform.
Absci acquires CerraCap Ventures portfolio company Totient
CerraCap Ventures, an early-stage Venture Fund, announced acquisition of its portfolio company Totient by Absci for an undisclosed amount. The transaction is the second exit from CerraCap's investment fund, CerraCap II LP.
Hypersonic tech startup Velontra names Retired Major General Craig Whelden as its Inaugural President
Retired Major General Craig Whelden has been named the Inaugural President of Velontra, a startup with the mind power to accelerate America's development of hypersonic technology.
IFC invests in Vantage Capital’s mezzanine fund to support fast-growing companies in Africa
IFC announced an investment in a new mezzanine fund managed by Vantage Capital, a mezzanine funding provider on the continent, which will provide capital to fast-growing companies in Africa.
Outsource Accelerator secures $1.5m fund for expansion through strategic asset acquisition
Outsource Accelerator announced a $1.5 million special purpose fund for the acquisition of online web assets. The web assets will add significant online traffic to the portfolio and enhance the outsourcing marketplace's growing influence.
TampaBay.Ventures leads investment into Y Combinator graduate Procoto
TampaBay.Ventures has led an investment into St. Petersburg, Florida-based Procoto, a procurement and spend analysis platform for businesses.
Customer experience startup Officium Labs launches WorkForward brand
Officium Labs, a unique customer experience startup, has launched a new suite of enhanced workforce management (WFM) tools under the brand "WorkForward."
Seven South African legal startups to pitch for €10,000 grant
The Hague Institute for Innovation of Law (HiiL) kicked off its annual global Innovating Justice Challenge in search of the region’s best justice-related social entrepreneurs in March this year.
IFC’s TechEmerge partners with logistics startup Kobo360 to pilot sustainable cooling innovations in Nigeria
Eleven global innovators have been selected to partner with 15 leading Nigerian companies to pilot cost-effective, climate-smart technologies to strengthen the country's temperature-controlled logistics supply chain.
Alchemy Home Products startup launches The AutoSpout prevent basement flooding after heavy rains
Alchemy Home Products, a Salt Lake City startup, has created a new product that will help prevent basement flooding after heavy rains, The AutoSpout.
Photo and video editing app Prequel launches venture studio program to nurture early stage tech startups
Prequel, the creative photo and video editing app, announced the launch of Prequel Venture Studio (PVS), a program that will nurture early stage tech startups in the fields of AI, computer vision, and AR-based visual art.
Yes Lender acquires fintech startup Edge Funder to create AI-powered funding portal for small businesses
Yes Lender announced it acquired Edge Funder, a fintech startup that is transforming entrepreneur's access to working capital through its direct-to-merchant funding portal.
South African fintech startup Ukheshe Technologies comes second in KPMG Global Tech Innovator competition
The KPMG Private Enterprise Global Tech Innovator Africa competition came to a close this week and saw South African fintech startup Ukheshe, take second place among 75 other worthy entrants across Africa.
Nigerian fintech startup TeamApt secures Series B funding
Nigerian fintech startup TeamApt has closed its Series B fundraising round, as it looks to expand its financial services beyond Nigeria.
Financials, ICT remain the most attractive sectors for VC investment in Africa, report
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-powered recruiting startup TopFunnel acquires Teamable to offer end-to-end sourcing platform
TopFunnel, the AI-powered recruiting startup that high-growth companies use to scale, announced the acquisition of Teamable to supercharge referral-based recruiting.
Codat startup raises $40m, expands its API infrastructure for SME data
Codat, the technology company that enables small businesses to seamlessly share business and financial data with financial and other service providers, secures $40 million from investors, following 3x annual growth and doubling of headcount.
Kameo startup launches vaccine passport for the entertainment production industry
Kameo, the provider of flexible mobile COVID-19 testing services for the entertainment production industry, announced the launch of its vaccine passport, an additional feature on its digital platform.
[Startup Interview] Dennis van der Veen, CEO, Hamster Connect, Netherlands
Hamster is a global niche social media platform for start-ups, investors, and accelerators and offers smart tools to help users reach their goals.
Ghanaian fintech startup Zeepay raises $7.9m Series A funding to support its operations
Ghanaian Fintech startup Zeepay announced the completion of a $7.9 million Series A.0 funding. The funding is a hybrid of both equity and balance sheet funds to support its operations.
South African fintech startup Ukheshe Technologies announces boostXB joint venture with ForexPeople
South African fintech startup, Ukheshe Technologies has partnered with ForexPeople, one of the country’s names in forex with over 20 years of experience, to seamlessly facilitate cross-border payments from South Africa into Africa.
AI startup LLENA (AI) partners with Southern University to support (USDA/NIFA) Agriculture and Food Research Initiative
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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.
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here