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Paris-based startup Hivebrite secures $37m to expand global community engagement platform
Hivebrite has raised a $37m Series B funding round.
EIF and Swedish fintech Invoier boost European SMEs with €58m financing
EIF and Invoier have partnered to provide SMEs with better access to funding.
French insurtech startup Orus raises €11m funding to expand its services in Europe
French insurtech startup Orus has raised €11 million in Series A funding.
French SaaS firm scnd raises €4m to disrupt the sales of services
scnd, the trailblazing French SaaS solution, announced a €4m funding round backed by 42Cap and Partech.
French startup Kamino Retail raises €1.25m pre-seed round to accelerate growth
Kamino Retail announced a pre-seed funding of €1.25m from business angels.
Paris-based startup Ondorse raises €3.8m to expand KYC solution in Europe
Ondorse, a business KYC solution, has raised €3.8m seed round.
French startup Teale secures €10m to become the European leader in mental health
Parisian Digital mental health platform Teale, has raised €10m second round of funding.
French clinical-stage biotech Abivax secures €75m for product development
Claret European Growth Capital has participated in investing €75m into Abivax.
Berlin-based insurtech startup SureIn closes €4m designed for Europe's SMBs
Berlin-based insurtech startup SureIn has closed a €4 million Seed round.
Visa opens applications for its Africa Fintech Accelerator Program
Visa has opened applications for startups to participate in the first cohort of the Visa Africa Fintech Accelerator program.
Swiss fintech startup Numarics raises €10.2m seed round
Swiss fintech startup Numarics has raised a €10.2m seed round for its automated accounting and administration solution tailored to SMEs.
5 tips to improve small business productivity, Family Features
Running a small business comes with a multitude of challenges that can hinder productivity.
Ayoba, Adanian Labs launch accelerator programme in Nigeria
Ayoba has partnered with Adanian Labs to launch an SME accelerator program in Nigeria.
Exeliom Biosciences closes its Series A funding at €24 million
Paris-based Exeliom Biosciences announced the completion of its €24 million Series A funding.
AI-driven pet biometrics startup Petnow launches in France
Petnow, the provider of advanced pet identification solutions, announced the expansion of its groundbreaking app to the French market.
Customer success platform ZapScale secures $2.5m seed funding to accelerate growth
ZapScale announced it has successfully raised $2.5 million in seed funding.
Satgana invests in pre-seed round of French electric bike startup Loewi
Satgana has invested in the pre-seed round of Paris-based electric bike startup Loewi.
[Column] Mukesh Bector: A simple place to start if you’re lagging on digital transformation
Digital transformation: we’ve all heard the phrase a thousand times.
French EV startup Driveco raises $250m to become a European leader in EV charging infrastructure
Driveco, the innovative French electric vehicle charging startup, announced a €250 million fundraising round from Dutch pension fund manager APG.
[Column] Oluwatobi Amusan: Financial inclusion in Africa with embedded trade finance
There can be no talk of financial inclusion in Africa without trade finance. Trade promotes economic growth, reduces poverty, fosters economic and cultural links between regions and countries, and facilitates capital movement.
Fintech startup Pyypl rolls out social, micro-investment platform for African entrepreneurs and micro-SMEs
Fintech startup Pyypl has announced the commercial rollout of its social, micro-investment platform for self-employed entrepreneurs and micro-SMEs in Africa.
French-African Fund 2 completes final close at over €50 million
AfricInvest announced a final close of the French African Fund II (FFA II), the successor fund to the French African Fund (FFA), having raised over €50 million of subscriptions.
[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.
Nigerian fintech startup Moni unveils new community-powered digital loans for African SMEs
Nigerian fintech startup Moni has launched a new range of business loans targeting SMEs in Africa.
AI crop analysis platform Inarix raises €3.1m seed funding to help farmers determine quality and value of their crops
Inarix, the AI-powered crop analysis platform, announced a €3.1 million seed round from Ankaa ventures, Label Investment, Newfund, Alliance for impact and Resiliance.
[Column] Veerakumar Natarajan: How tech can help stimulate micro economies
Technological progression plays a crucial role in fostering economic growth. A lack of access to technology can hinder local economies, particularly in developing countries such as Kenya and other African nations.
Munich-based finway raises $10m Series A funding to reimagine spend management for European SMBs
finway, the German finance operating system for SMBs, has raised €9.2 million in a Series A round from Capital 49, an early stage venture fund led by founders of global fintech unicorn Airwallex.
Indian SaaS startup Mintoak raises $20m Series A funding round to grow its product portfolio
Mintoak, an India-based software-as-a-service (SaaS) platform focused on merchant services, has raised $20 million in Series A funding round led by PayPal Ventures.
Y Combinator-backed Crew raises $2.3m to launch first all-in-one recruiting CRM
After 18 months of restricted beta access, Crew, a Parisian all-in-one recruiting CRM for teams solution, announced the launch of its product in self-serve and a $2.3 million seed funding round through a strategic approach.
French hydrogen startup HySiLabs raises €13m Series A funding to accelerate growth
HySiLabs, the novel hydrogen transport and storage technology developer, announced €13 million Series A financing led by Equinor Ventures, and joined by the European Innovation Council Fund, EDP Ventures and PLD Automobile.
Workstyle Africa and SNDBX launch entrepreneurship centers in East Africa
Serviced office space provider, Workstyle Africa, has partnered with SNDBX International, a business growth ecosystem, to open five one-stop-shop entrepreneurship centres and workspaces in East Africa.
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.
French pharma Amolyt raises $138m Series C funding to advance its pipeline of therapeutics
Amolyt Pharma, a global company specialized in developing therapeutic peptides for rare endocrine and related diseases, announced the closing of €130 million Series C equity financing.
Parisian medical device startup Ganymed Robotics banks additional €15m through Series B extension
Ganymed Robotics, the developer of computer vision software and robotics technologies for orthopedic surgeons, announced it has extended its Series B with an additional close of €15 million.
Paris-based startup QuantCube raises Series B funding to support growth in economic nowcasting, harnessing AI and big data analytics
Real-time economic intelligence provider QuantCube Technology, announced it has secured funding led by Strategic Development Fund (SDF), the investment arm of UAE’s Tawazun Council.
European fintech Novicap raises €200m for its Credit platform as it hits €1b transaction volume milestone
Novicap, the European fintech providing end-to-end working capital solutions, announced it has raised a €200 million debt facility from London-based asset manager, Fasanara Capital.
First investment of Mastercard Foundation Africa Growth Fund goes to Aruwa Capital Management
The first investment of the Mastercard Foundation Africa Growth Fund has gone to Aruwa Capital Management, a gender-lens $20 million fund dedicated to Nigeria's SMEs, managed by a first-time woman-led fund manager.
eureKARE co-leads €5m seed investment in Biomemory which is advancing cutting-edge DNA-based data storage solutions
eureKARE, an innovative investment company for disruptive synthetic biology applications, announced it has co-led a €5 million seed funding round in Biomemory.
Paris-based sustainable deep tech startup FAIRMAT completes €34m Series A round
Fairmat, the Paris-based sustainable deep tech startup pioneering the recycling of advanced materials, announced it has completed its Series A funding round at a total of €34 million.
Paris-based startup Mytraffic raises €30m Series B to provide digital intelligence to brick-and-mortar operators
Paris, France-based startup Mytraffic, a SaaS offering detailed insights on any location in Europe, has raised €30 million Series B funding round led by AXA Venture Partners.
French battery startup Verkor raises more than €250m financing for its innovation centre
French battery startup Verkor announced it has raised more than €250 million, for the inauguration of its R&D lab, an integral part of the Verkor Innovation Centre.
French cloud infrastructure startup Newboot completes first fundraising round to accelerate growth
Toulouse and Paris-based startup Newboot announced it has completed its first fundraising round with NOVA by Saint-Gobain and several Business Angels.
GS1 Hong Kong unlocks the next generation of trade finance service for SMEs in China
GS1 Hong Kong (GS1 HK) announced it has welcomed the launch of Commercial Data Interchange (CDI) by the Hong Kong Monetary Authority (HKMA).
Nigerian social commerce startup Bumpa raises $4m seed funding to build the future of commerce for African sellers
Nigerian social commerce startup Bumpa announced it has raised $4 million seed round led by Base10 Partners, the largest black-led fund in the world, with participation from Plug & Play Ventures.
Paris-based Aqemia raises €30m to scale its deep physics and AI enabled drug discovery pipeline
Paris-based Aqemia has raised €30 million in a Series A funding round led by Eurazeo and Bpifrance through its Large Venture fund, with the participation of Elaia its historic investor.
Ugandan agritech startup Inputi receives investment to boost inputs distribution
Ugandan agritech startup Inputi announced it received an investment funding to boost inputs distribution across the country.
Ugandan fintech startup Tugende raises $10m pre-Series B funding to increase portfolio growth
Tugende, the innovative fintech platform for MSME credit and asset-financing in East Africa, closed in Q2 pre-Series B equity funding from existing shareholders led by Partech and two new investors, including Women’s World Banking.
Paris-based cultivated meat startup Gourmey raises €48m Series A funding to accelerate growth
French cultivated meat startup Gourmey, that was part of the Big Idea Ventures program’s first cohort, has raised an oversubscribed €48 million Series A.
French startup Prophesee closes €50m C Series round to drive commercialization of revolutionary neuromorphic vision technology
Prophesee, the inventor of advanced neuromorphic vision systems, announced the completion of its Series C round of funding with the addition of a new investment from Prosperity7 ventures.
Nigerian fintech startup Kippa launches business registration platform to support SMEs
Nigerian fintech startup Kippa has launched Kippa Start, a business registration platform to enable Nigerian MSMEs scale through their businesses.
French AI and cloud media startup Newsbridge closes €7m funding round to develop U.S. presence
Newsbridge, the French AI & Cloud Media company has raised €7 million Series A funding round to continue its expansion to the U.S.A, and hire top AI and Media Engineering talent.
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.
Kenyan fintech startup Pezesha raises $11m to expand across Africa
Pezesha, a Kenyan fintech that has built a platform where small and medium enterprises can access funding, has raised $11 million in a pre-series A equity and debt funding.
Eurobio acquires 100% of Dutch transplant diagnostics startup GenDx
Paris, France-based Eurobio Scientific (Eurobio) has reached agreement to acquire all outstanding shares of Dutch-based transplant diagnostics startup GenDx for an amount of €135 million (net of adjusted cash) to be paid in cash at closing to its current shareholders.
German manufacturer The Stihl Group enters Kenyan market
The subsidiary dubbed Stihl East Africa will be its Eastern Africa hub servicing countries that include Kenya, Uganda, Tanzania, DRC, Rwanda, and Burundi among others.
French insurtech startup Orus raises €5m to reinvent professional insurance for SMEs
Orus, the insurtech company for small businesses, announced it has raised €5 million from Frst, Partech, Portage Ventures and around twenty business angels.
French space-tech startup Leanspace raises €6m to digitalize the space industry via the cloud
Leanspace, the company building the digital infrastructure of the space industry, announced the closing of an oversubscribed seed financing round of €6 million.
French startup CleverConnect merges with Talentry to lead talent acquisition in Europe
CleverConnect, a cloud-based recruiting solutions company, announced the merger with Talentry, a Munich-based provider of talent relationship management solutions, to counteract the current unprecedented shortage of skilled workers.
UAE fintech startup Pemo launches all-in-one spend management platform for MENA SMEs
Pemo, the UAE-based fintech startup empowering businesses across the Middle East, North Africa and Pakistan (MENAP),has announced that it has launched its all-in-one spend management platform.
Untapped Global raises $10.3m pre-seed round to build an investment platform for Africa and emerging markets
Untapped Global announced the launch of its public beta platform, which uses real-time data to provide transparency for investors looking to tap into Africa and emerging markets.
Xerys injects additional $25m capital in French healthtech startup Biolog-id to boost global expansion
Xerys Invest, a private equity firm focused on health, life sciences, renewable energy and greentech, announces an additional investment of $25 million in Biolog-id, a provider of digital health solutions focused on the optimization of the value chain.
South African fintech firm Hello Pay launches new mPOS device for SMEs
South African fintech firm Hello Pay has launched a new high-end Android Mobile point-of-sale solutions (mPOS) for local merchants and SMEs.
Glovo announces winners of its tech startup pitch competition in Kenya
On-demand delivery platform Glovo has announced the winners of its tech startup pitch competition in Kenya.
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.
French in-game ad startup Gadsme raises $8m seed round to scale growth
Gadsme, the interactive adtech platform that offers high quality immersive brand experiences through in-game advertising, secured an $8 million seed investment just 11 months after launch.
French insect farming startup Ÿnsect acquires Nebraska-based Jord Producers to open first mealworm farm in the US
Jord Producers, based in Nebraska, has been incorporated into Ÿnsect’s production portfolio, signifying the global leader’s entry into North American mealworm production.
Kenyan fintech 4G Capital raises $18.5m Series C funding to scale lending to MSMEs
Kenyan fintech credit provider 4G Capital has raised $18.5 million in Series C funding from global private equity firm Lightrock.
Danish customer support innovator Dixa acquires Miuros and Solvemate startups for $43m
Danish customer support innovator Dixa, announced the acquisitions of analytics leader Miuros, and automation pioneer Solvemate.
French healthtech startup Synapse Medicine raises $28m to scale its medication reconciliation platform
France-based healthtech startup Synapse Medicine has raised $28 million led by leading European venture firm Korelya Capital, and past investors (XAnge, MACSF, and BNP Paribas Development).
French fintech startup Silvr raises €130m Series A to support growth of digital companies
French fintech startup Silvr announced a €130 million Series A funding round, to support the growth of digital companies. This fundraising comes at a key moment in development and positions Silvr as the European leader in Revenue Based Financing.
French high-tech startup PlanetWatch selects city of Miami to deploy air quality monitoring network
PlanetWatch, the world's first decentralized indoor and outdoor air quality monitoring network built on the Algorand blockchain, has selected the city of Miami to deploy a network of its sensors citywide.
French gaming startup Million Victories raises $3 million funding to diversify its portfolio
Million Victories will use this funding to increase the studio’s headcount, scale it’s already quickly growing userbase, and develop new core mobile games to diversify its portfolio.
Subscription Management startup Chargebee partners with Worldline to improve customer engagement and retention
Worldline and Chargebee announced collaboration to provide an end-to-end payment, subscription and revenue operations solution for merchants operating in a subscription model.
Paris-based music experience startup Stage11 raises €5m seed round to reimagine music for the metaverse
Immersive music experience startup Stage11 announced it has raised a €5 million euro seed round led by Otium Capital, a European venture capital fund, backed up by founder and CEO, Jonathan Belolo.
French real-time engagement startup Sparkup expands in the Middle East
Sparkup, a French startup specializing in real-time engagement solutions, has chosen to expand in the Middle East and will introduce its latest innovations at GITEX and CABSAT in Dubai.
Fantasy football startup Sorare raises $680m Series B to create next sports entertainment giant leveraging NFTs
Sorare, the fantasy football platform, announced it has raised $680 million in Series B financing led by Softbank, with participation from Atomico, Bessemer Ventures, D1 Capital, Eurazeo, IVP and Liontree.
Lectra joins Plug and Play open innovation ecosystem
Major global player in the 4.0 Industry for the fashion, automotive, and furniture market, Lectra is joining the Brand & Retail program of the Plug and Play network, the world's leading innovation platform connecting startups, investors, and pioneering companies.
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.
UNIQORN inks investment and incubation agreement with digital music startup EarthTones Media
France's rural incubator-accelerator, UNIQORN, announced it has finalized an agreement with EarthTones Media, an American technology startup in the digital music space.
Founders Future raises additional €50m to accelerate its Tech for Good investments
Founders Future, a venture studio involved in Seed and Series A, announced its new investment capital. With the objective of a new €50 million vehicle by the end of 2021, Founders Future has already raised 40% of the total amount.
[Startup Interview] Julien Morin, CEO, Wiboot, France
Wiboot is a French-based startup that combines IOT and AI different stacks in a single integrated platform, allowing professionals to create rapidly their application and maximize their return on investment.
Datawords, French startup FACIL'iti join forces to promote digital inclusion
The Datawords Group, a global leader in multicultural technologies, announced the launch of a partnership with FACIL'iti, a French startup offering digital inclusion solution capable of adapting the display of a website to the needs of each internet user.
Caroll adopts Openbravo OMS and POS solutions to accelerate omnichannel retail strategy
Openbravo, the global cloud-based omnichannel platform vendor for agile and innovative commerce, has announced that it has been awarded a contract by Caroll International, the French fashion retailer.
French baby food startup Yooji raises €7.5 million funding to boost operations
French-based baby-food company Yooji has secured €7.5 million funding to make highly nutritional and sustainable baby food easily accessible to parents.
Robotics solution startup Exotec raises $90m for international expansion of its warehouse automation technology
Exotec, a robotics solution for logistics and creator of the Skypod 3D warehouse robots, announced a $90 million financing round.
France AI startup reciTAL raises €3.5 million to bolster its Document Intelligence solutions
reciTAL, a Paris-based AI start-up specializing in Document Intelligence solutions, is raising € 3.5 million for the first time with the Breega investment fund.
Paris-based startup Klassroom raises $3m to expand from France to other countries including the U.S.
Klassroom, the Paris-based company that reinvents parent-teacher communication in pre-kindergarten and all elementary school grades, raised a $3 million seed round led by Bpifrance.
French startup DNA Script expands Series B funding to $89 million
French startup DNA Script announced a $50 million extension to its Series B financing, bringing the total investment of this round to $89 million led by Casdin Capital.
French startup AB Tasty raises $40m to lead in experience optimization, feature management markets
French startup AB Tasty announced a Series C round of funding to revolutionize how companies deliver the best brand and product experiences.
Monaco headquartered startup IQONIQ secures €100m for global expansion
IQONIQ, a new fan engagement platform exclusively targeting the world of sports and entertainment, announced it has entered into a €100 million capital funding agreement with the Luxembourg based investment corporation Lux Media Investments.
Xavier Chapel joins GreenTec as Head of Venture Building
GreenTec Capital announces that Xavier Chapel has joined the team in the role of Head of Venture Building, to leverage his extensive international and entrepreneurial experience in selecting startups that best fit GreenTec investment criteria.
French startup iObeya raises $17m to revolutionize visual management, expand its U.S. footprint
iObeya, a leading provider of Enterprise Visual Management software, announced it has raised $17 million in a second round of funding from Red River West with participation from Atlantic Bridge Capital and Fortino Capital Partners.
Dutch fintech startup BUX launches zero-commission investing app to French users
Dutch fintech startup BUX has launched its zero-commission investing app to French users, making it the first neobroker of its kind in the market.
French startup Ponicode raises €3m to develop Artificial Intelligence for improved code quality
Ponicode, a French start-up specialising in Artificial Intelligence and data sciences has announced a €3 million fundraising led by founder-friendly European VC, Breega, alongside Kima and Plug & Play Ventures.
Wazoku acquires US open innovation leader InnoCentive, raises additional £1.25m to support global growth
Wazoku, idea management software and services firm has announced a new funding round of £1.25M, led by Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) specialist.
French startup Koala closes €1.6m seed round led by Insurtech Gateway
Paris based insurtech Koala announced an investment of €1.6 million led by London based incubator and fund Insurtech Gateway alongside Playfair Capital, Techstars Ventures and private investors.
French startup Unlatch raises $5.8m funding round by AXA Venture Partners
Unlatch, a French pioneer in digital real estate sales, announced a $5.8 million financing round, including $4.5 million in equity from AXA Venture Partners and $1.3 million in debt.
E-mobility startup Bolt launches electric bikes in Paris
E-mobility startup Bolt has announced the introduction of four and two-wheeled vehicles for Parisian urban commuters, who will now have the opportunity to get from A to B on a Bolt electric bike.
French based startup ubble raises €10 million, partners with Bpifrance
ID verification startup ubble successfully raised funds from Partech and Breega to complete its seed round, bringing its total financing to more than €10 million.
Memo Bank becomes first independent bank launched in France, closes $23 million funding round
French startup Memo Bank has become the first independent bank to emerge in France in half a century and it aims to support the growth and digital transformation of French and European small and medium-sized enterprises.
France startup Vizcab secures €1.6 million to advance low-carbon construction technologies
, France construction tech startup Vizcab has completed a first round of financing that also includes the Unibail-Rodamco-Westfield group.
French startup Monk raises $2.4m Seed round to develop AI-based inspection technology
French startup Monk, an Artificial Intelligence focused on car damage detection announced a $2.4 million fundraising Seed round led by Iris Capital, alongside Plug and Play and key business angels.
French healthtech startup Ambler raises €6 million to accelerate digitalization of medical transport
18 months after its first fundraising, Ambler has completed a € 6 million round of financing with Bpifrance via the Digital Venture pole, Idinvest Partners, Partech and Kima Ventures to accelerate the development of its platform for connecting carriers sanitary and health establishments.
EIT Health selects startups for Headstart 2020
Eighty-nine startups from across Europe have been selected to take part in the annual EIT Health Headstart programme.
French HR solution startup Neobrain raises €3m to support employees in professional transformation
French HR solution startup Neobrain has together with Breega, raised €3 million to support employees in professional transformation in a rapidly changing world.
France cloud based phone system Aircall secures $65 million to fund expansion
French tech startup Aircall has raised $65 million in Series C funding as it looks to bolster its cloud-based voice platform and fund its expansion.
BlaBlaCar partners with Voi Technology to offer e-scooters in France
Carpooling platform BlaBlaCar has chosen to extend its offer and partner with Swedish electric scooters company Voi Technology to offer BlaBla Ride Scooters.
French fintech startup Agicap raises €15 million to bolster operations
Agicap, a French-based startup building a SaaS platform for SMBs to manage and forecast their cash flows, has raised €15 million in a round led by Partech.
France startup Libeo raises €4 million to digitize invoicing for SMEs
Libeo, France Fintech startup that simplifies the management and payment of supplier invoices for VSEs-SMEs, has announced a new round of funding of €4 million.
France startup TOOPI Organics raises over 1 million euros to transform urine into biofertilizer
TOOPI Organics, a French startup specialized in the valuation of human urine for agriculture has raised over one million euros as part of its first capital round.
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