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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3836191 | Tags:















[Free Webinar] Accelerating FX Success: Expansion Strategies for Marketing Agencies in Eastern, Western Africa
Published: 19-12-2023 | 14:47:17 | By: Bob Koigi
This event is tailored for marketing executives and CFOs looking to gain actionable insights into international expansion, building a global clientele and establishing strong online presence.






French SaaS firm scnd raises €4m to disrupt the sales of services
Published: 06-10-2023 | 11:29:00 | By: Pie Kamau
scnd, the trailblazing French SaaS solution, announced a €4m funding round backed by 42Cap and Partech.


MeetingPackage raises $4.6m to boost European growth, forge into the North American market
Published: 02-10-2023 | 13:11:00 | By: Pie Kamau
MeetingPackage has secured a $4.6m Series A round.


Mediafly raises $80m to extend revenue enablement to the enterprise
Published: 31-08-2023 | 10:15:00 | By: Pie Kamau
Mediafly announced $80 million investment led by BIP Ventures.


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


Stark Raving launches growth marketing solution for life science startups looking to scale faster
Published: 23-05-2023 | 13:57:00 | By: Pie Kamau
Stark Raving announced the launch of a suite of growth marketing solutions.


Hilversum-based software platform Instruqt raises €15m to help companies improve product demos, trainings
Published: 09-05-2023 | 13:28:00 | By: Pie Kamau
Instruqt, the product-led growth platform that transforms the way tech professionals learn new technologies with interactive product experiences, announced it has raised €15 million Series A funding.


Infobip launches Conversational Everything Blueprint to help brands meet evolving customer preferences
Published: 12-04-2023 | 12:33:00 | By: Pie Kamau
Global cloud communications platform Infobip has launched a new Conversational Everything Blueprint to enable brands embed conversational experiences for customer communications.


Generative AI startup Autobound raises $4m to make writing personalized sales emails easy
Published: 24-02-2023 | 13:41:00 | By: Pie Kamau
Emerging startup Autobound, is announcing $4 million in funding to automate the tedious workflow of writing personalized sales emails.


AI-powered sales assistant Attention raises $3.1m funding
Published: 16-01-2023 | 11:58:00 | By: Pie Kamau
Attention, the AI-powered sales assistant helping teams overcome inefficiencies at every stage of the sales cycle, announced its $3.1 million funding round led by Eniac Ventures.


Tanzanian CPG startup Ramani raises $32m to digitize supply chains
Published: 24-11-2022 | 09:40:00 | By: Pie Kamau
Ramani, a Tanzanian startup focused on consumer-packaged goods (CPG) supply chains,  has raised $32 million in Series A debt-equity funding to introduce new financial services as it expands its operations.


MadKudu platform secures $18m to accelerate adoption of product-led growth
Published: 24-11-2022 | 09:02:00 | By: Pie Kamau
MadKudu, the Product-Led-Growth (PLG) leader disrupting the software industry, announced today its $18 million Series A led by Felicis.


Kenyan startup Kyosk Digital expands to Uganda
Published: 07-10-2022 | 14:46:27 | By: Bob Koigi
Kyosk Digital Services aims to address some of the challenges that vendors of fast-moving consumer goods (FMCGs) go through in sourcing products and restocking their outlets.


German startup 35up secures €5 million to cross selling platform for SMEs
Published: 06-10-2022 | 15:21:41 | By: Bob Koigi
A German startup providing cross selling platform has received five million euros financing from VC firm Capnamic and other existing investors.


[Column] Nick Durrant: Lead generation strategies that work
Published: 23-09-2022 | 10:24:00 | By: Pie Kamau
Marketers often focus most of their attention on design aesthetics, ignoring the many other factors that could turn website visitors into hot prospects.


Pace raises $5m to integrate product-led growth with enterprise sales
Published: 25-08-2022 | 10:23:00 | By: Pie Kamau
Pace, a startup building a product-led revenue platform, has raised a $5 million Seed investment led by Work-Bench. Pace simplifies the transformation from traditional enterprise sales motions to a hybrid, product-led approach.


UK-based Conversational intelligence startup Jiminny raises €16.5m to fuel international expansion
Published: 12-08-2022 | 12:38:00 | By: Pie Kamau
Jiminny, a UK headquartered conversation intelligence provider supporting sales teams across the world, has closed a $16.5 million series A funding round led by Kennet Partners, a transatlantic growth equity firm.


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


Israeli AI-powered sales solution Amy raises $6m seed round to boost business professionals' selling power
Published: 20-06-2022 | 11:37:00 | By: Pie Kamau
Amy, the pioneering AI-driven sales intelligence solution that automates pre-meeting prospect research and enables meaningful business connections, announced it has raised a $6m seed round.


Seed-to-Sale software startup Canix raises $10m Series A funding to accelerate growth
Published: 09-06-2022 | 10:52:00 | By: Pie Kamau
Canix, a market-leading cannabis ERP seed-to-sale platform, announced it has raised $10 million in funding from venture capitalists.


Santa Barbara Venture Partners launches $11m Fund to help companies accelerate customer acquisition
Published: 06-06-2022 | 13:10:00 | By: Pie Kamau
Venture capital firm Santa Barbara Venture Partners (SBVP) announced the final close of its $11 million inaugural Fund I focused primarily on investing in tech and tech-enabled firms.


Kenyan e-Commerce startup Sokowatch raises $125m, rebrands to Wasoko
Published: 17-03-2022 | 11:32:00 | By: Pie Kamau
Kenyan based B2B e-Commerce startup Sokowatch has raised a $125 million Series B equity round, the largest venture financing round ever raised for a non-fintech startup in Africa.


Cross-border fintech startup Dowsure raises $20m to fuel growth of e-Commerce sellers in China
Published: 22-02-2022 | 12:07:00 | By: Pie Kamau
Shenzhen-based fintech startup Dowsure Technologies, has attracted the attention of global strategic investors, fueling the growth of millions of e-Commerce sellers from China on marketplaces like Amazon, eBay, Shopee and more.


Fraugster partners with Dutch-based fintech startup Payaut to provide fraud prevention services to e-Commerce marketplaces
Published: 14-02-2022 | 09:45:00 | By: Pie Kamau
Fraugster, a German-Israeli payment intelligence company, has partnered with marketplace payout specialist Payaut, an Amsterdam-based fintech startup, to provide fraud prevention services to marketplaces.


SaaS startup Aramid Technologies raises $2m seed round to redefine quality certification management in global supply chains
Published: 09-02-2022 | 13:56:00 | By: Pie Kamau
SaaS startup Aramid Technologies announced it has raised $2 million in seed funding to expand its flagship product, SmartCert.


Canadian startup OutPoint raises $1.2m to help high-growth brands improve paid marketing effectiveness
Published: 26-11-2021 | 11:13:00 | By: Pie Kamau
OutPoint, an automated media mix modeling (MMM) platform, announced it raised $1.2 million in pre-seed funding to transform how high-growth consumer brands measure paid media effectiveness and diversify marketing investments.


Indonesia's Hypefast emerges from stealth mode as the largest house of e-Commerce native brands in Southeast Asia
Published: 17-11-2021 | 12:01:14 | By: Pie Kamau
Hypefast, Southeast Asia's (SEA) largest house of e-Commerce native brands, announced it has grown its portfolio to more than 25 brands and has been achieving full profitability.


Romanian startup Flip lands €1.5m from Prosus-owned eMAG, plans CEE leadership in refurbished products
Published: 03-11-2021 | 12:02:00 | By: Pie Kamau
Flip, a Romanian startup in the Recommerce market, landed the first eMAG Ventures accelerated investment worth 1.5 million euros and targets the leading position in Central and Eastern Europe.


Canadian supplier enablement startup Convictional raises $6.7m Series A funding
Published: 24-09-2021 | 13:14:00 | By: Pie Kamau
Convictional, the first supplier enablement platform for retailers and distributors to power drop ship, marketplace and wholesale business models in one solution, announced it has secured $6.7 million in Series A funding.


B2B sales productivity startup Nektar.ai closes $8.1m to accelerate product development, launch in the US market
Published: 04-08-2021 | 11:11:00 | By: Pie Kamau
B2B sales productivity startup, Nektar.ai has raised an additional $ 6 million seed round of funding led by B Capital Group, 3one4 Capital and Nexus Venture Partners.


Nigerian healthtech startup Field Intelligence expands into eleven new cities across East and West Africa
Published: 29-07-2021 | 14:26:00 | By: Pie Kamau
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.


Dragonboat closes $3m seed round to bring product portfolio management to outcome focused teams
Published: 16-07-2021 | 15:04:00 | By: Pie Kamau
Dragonboat, the Product Portfolio Management platform, announced a $3 million seed round by Act One Ventures, Roble Ventures and GingerBread Capital.


FDJ announces partnership with Plug and Play Brand & Retail France
Published: 12-07-2021 | 15:29:00 | By: Pie Kamau
FDJ announced the beginning of a partnership with Plug and Play, world's open innovation platform.


Seattle based healthtech startup bttn. raises $1.5m to automate the future of medical supply
Published: 25-06-2021 | 11:11:00 | By: Pie Kamau
Healthtech startup bttn. closed a $1.5 million seed round from a group of technology and supply chain leaders.


Cannabis marketplace and purchasing platform MainStem named Microsoft Partner for Startups
Published: 22-06-2021 | 13:55:04 | By: Pie Kamau
MainStem, the cannabis industry's only marketplace and combined integrated purchasing platform, announced it has been selected as a Microsoft Partner for Startups.


SaaS startup Synder raises $2m in late seed round to revolutionize accounting for e-Commerce
Published: 16-06-2021 | 10:58:00 | By: Pie Kamau
TMT investments venture fund invested $2 million as a lead investor in a late seed round into Synder, an easy accounting solution for e-Commerce businesses.


AI-driven SaaS startup Provus closes $1.16m in funding from angel investors
Published: 26-05-2021 | 15:52:00 | By: Pie Kamau
Provus Inc., a Services Configure Price Quote (CPQ) solution company, announced it has closed a $1.16 million in financing from a number of renowned angel investors.


Andrew Gilroy joins IGA startup SecurEnds as Director of Strategic Accounts
Published: 25-05-2021 | 14:43:00 | By: Pie Kamau
Andrew Gilroy joined IGA startup SecurEnds as the Director of Strategic Accounts. He brings over 10 years of startup sales experience and 7 years of Governance & Compliance specific expertise to his new role at SecurEnds.


Hashflow raises $3.2m seed round to bring professional market makers to DeFi
Published: 04-05-2021 | 11:49:00 | By: Pie Kamau
Hashflow, a decentralized exchange connecting DeFi traders with top crypto market makers, closed a seed funding round of $3.2 million from leading venture capital firms and angel investors.


Israeli customer intelligence startup Affogata raises $5.5m seed funding to bring consumer's voice to customer-obsessed brands
Published: 29-04-2021 | 09:57:00 | By: Pie Kamau
Affogata, the customer intelligence platform enabling brands to harness data to guarantee their consumers a perfect experience, announced a $5.5 million financing round of seed funding co-led by Mangrove Capital Partners.


REFASHIOND Ventures announces New Rolling fund on AngelList
Published: 05-03-2021 | 10:53:00 | By: Pie Kamau
REFASHIOND Ventures, an NYC-based, early-stage supply chain technology venture firm that invests in startups refashioning global supply chains, announced the launch of a $10 million early stage Rolling Fund on AngelList.


Software startup FloorFound raises raises $4m to turn oversized goods returns into resale profit
Published: 24-02-2021 | 12:27:00 | By: Pie Kamau
FloorFound, a software platform that facilitates returns and resales of oversized products for eCommerce retailers, closed a $4 million seed round led by LiveOak Venture Partners.


Venture philanthropy platform Sparo joins Microsoft for Startups program
Published: 10-02-2021 | 11:51:00 | By: Pie Kamau
Maryland-based early-stage company Sparo has joined the Microsoft for Startups program to scale its trademarked Purchase with a Purpose platform on Microsoft Azure.


Global law firm DLA Piper advises Atlanta-based startup SalesLoft on its $100m Series E financing
Published: 11-01-2021 | 15:25:00 | By: Pie Kamau
DLA Piper represented Atlanta-based startup SalesLoft in its recent $100 million Series E financing led by Owl Rock Capital, with participation from Insight Partners, HarbourVest, and Emergence.


Fashion tech startup uSizy helps UK retailers brace for record sales of £28 billion this Christmas
Published: 22-12-2020 | 12:23:00 | By: Pie Kamau
In the wake of recent retail closures across the UK, fashion technology startups are delivering much-needed innovation to help merchants maximise online sales and optimise unprecedented digital demand this Christmas.


Exceed.ai raises $4m for AI assistant to automatically qualify marketing leads
Published: 11-12-2020 | 15:23:00 | By: Pie Kamau
Exceed.ai has raised $4 million in funding for its AI-powered assistant that helps companies scale their marketing and sales operations by automatically qualifying leads through email, webchat, and SMS.


Remote selling startup Demoflow secures $1.6 m seed round to build additional key product features
Published: 11-11-2020 | 14:31:00 | By: Pie Kamau
Collaborative remote selling platform Demoflow announced its Seed Capital raise of $1.6 million led by FirstMile Ventures with other major participants including Slack Fund, RTP Seed, Next Frontier Capital and Heroic Ventures.


Fintech startup Lightyear raises $3.7m to simplify how enterprises buy network infrastructure
Published: 28-10-2020 | 13:59:00 | By: Pie Kamau
Financial technology startup Lightyear announced the launch of its software platform for businesses to buy and manage their telecom and IT infrastructure online.


PVH Corp backed startup HATCH signs HAVAIANAS as first customer to license its Digital Showroom software
Published: 27-10-2020 | 14:52:00 | By: Pie Kamau
Innovative startup HATCH, backed by PVH Corp., owner of a portfolio of iconic brands including TOMMY HILFIGER and Calvin Klein, has signed the globally renowned flip flop brand HAVAIANAS as its first customer to license its Digital Showroom software.


AI startup Skan secures $14m to expand AI-driven process discovery for enterprise digital transformation
Published: 27-10-2020 | 13:54:00 | By: Pie Kamau
Skan, AI-enabled process discovery and operational intelligence company, announced the close of a $14 million Series A funding round to strengthen its product platform and scale operations.


Austin hardware startup Xebec reaches over $2m in sales five months following launch
Published: 14-10-2020 | 15:24:00 | By: Pie Kamau
Austin-based hardware startup Xebec announced it has reached a milestone of $2.2 million in sales in its first five months, selling out of 5,500 units of the flagship product, the Xebec Tri-Screen.


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


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


Online sales program startup Virtanza closes $1m in private investment funding round
Published: 21-09-2020 | 14:26:00 | By: Pie Kamau
Sales2Job Academy, DBA Virtanza, an Orange County-based company that offers higher education a scalable sales training solution directly connected to employers, announced it has raised seed round funding totaling $1 million from private investors.


DemandSage secures $3 million funding to improve sales and marketing data
Published: 18-09-2020 | 12:33:42 | By: Bob Koigi
Demand Sage, a US-based revenue operations startup built on Google Sheets, has raised a $3 million Seed round led by Eniac Ventures and Underscore VC.


Demodesk raises $8m to scale world’s first intelligent online sales meeting software
Published: 03-09-2020 | 16:27:00 | By: Pie Kamau
Demodesk has raised $8 million in the latest Series A funding round, led by Balderton Capital with participation from Target Global, to scale the platform that has revolutionized screen-sharing for great customer conversation.


UK startup Quantexa raises $64.7m to drive hyper-growth in big data and analytics ecosystem
Published: 31-07-2020 | 12:26:00 | By: Pie Kamau
Quantexa, the contextual decision intelligence software company, announced that it has raised $64.7 million in Series C funding led by Evolution Equity Partners, with major participation from existing investors.


French startup AB Tasty raises $40m to lead in experience optimization, feature management markets
Published: 31-07-2020 | 12:08:00 | By: Pie Kamau
French startup AB Tasty announced a Series C round of funding to revolutionize how companies deliver the best brand and product experiences.


Swiss cleantech stratup Insolight closes Series A financing with €4.6 million
Published: 30-07-2020 | 16:45:00 | By: Pie Kamau
Swiss cleantech stratup Insolight announced that a Series A Round of €4.6 million has successfully been closed led by Investiere, with co-investors Zürcher Kantonalbank, Swiss Immo Lab and a number of private business angels.


Italian startup TIM, United Ventures launch €150m capital fund to support investments in mature innovative enterprises
Published: 30-07-2020 | 16:22:00 | By: Pie Kamau
Italian startup TIM signed an agreement with United Ventures to launch UV T- Growth fund that will support investments in mature innovative enterprises and SMEs in order to develop technological projects in Italy and abroad.


Seattle based startup Polyarc raises $9 million for augmented reality development
Published: 29-07-2020 | 13:08:00 | By: Pie Kamau
Seattle based startup Polyarc announced the close of its $9 million Series B fund raise led by Hiro Capital, followed by Vulcan Capital, an existing investor, and Galaxy Interactive via its Galaxy EOS VC Fund.


EHF Marketing GmbH, Monaco startup IQONIQ partner to drive fan engagement in European club handball competitions
Published: 29-07-2020 | 12:45:00 | By: Pie Kamau
EHF Marketing GmbH, the marketing subsidiary of the European Handball Federation, announced its partnership with IQONIQ, an innovative new fan engagement platform made for sports and entertainment.


Monaco headquartered startup IQONIQ secures €100m for global expansion
Published: 29-07-2020 | 12:21:00 | By: Pie Kamau
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.


Swiss startup Advertima raises €15m Series A funding to make smart retail spaces a reality
Published: 29-07-2020 | 11:53:00 | By: Pie Kamau
Advertima, an emerging computer vision platform provider, announced the close of a €15 million Series A investment round led by existing shareholder Swiss real estate company, Fortimo Group.


Kenyan agritech startup Lentera, MCFI ink deal to provide satellite based crop analysis for Mauritian farmers
Published: 29-07-2020 | 11:15:00 | By: Pie Kamau
The Mauritius Chemical and Fertilizer Industry (MCFI), and Lentera Africa have signed a partnership that will see Lentera provide satellite-based crop health analysis and crop modelling services for Mauritian customers of MCFI.


SAP.iO Fund invests in San Francisco based reference checking startup Crosschq
Published: 28-07-2020 | 14:08:25 | By: Pie Kamau
SAP SE investment arm, SAP.iO Fund, has backed Crosschq, a San Francisco based company that provides a platform for creating and sharing candidate references.


Evonik invests in Chinese tech startup to support intelligent, healthier pig farming
Published: 28-07-2020 | 13:47:00 | By: Pie Kamau
Evonik’s venture capital arm has invested in SmartAHC, a Chinese technology startup that enables more intelligent and healthier pig farming.


African AI startup Superfluid Labs receives investment from ShEquity
Published: 28-07-2020 | 13:17:00 | By: Pie Kamau
GreenTec Capital announces that Superfluid Labs was selected as the first investment for the newly launched ShEquity investment vehicle which focuses on providing smart and sustainable investments for African female entrepreneurs.


Xavier Chapel joins GreenTec as Head of Venture Building
Published: 28-07-2020 | 12:54:00 | By: Pie Kamau
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
Published: 24-07-2020 | 16:06:00 | By: Pie Kamau
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.


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.


Go Ignite partners seek 5G use cases in global call for startups
Published: 24-07-2020 | 12:39:00 | By: Pie Kamau
Following the success of its previous global calls for startups, Go Ignite, an alliance of four leading global telcos, has launched Go Ignite: 5G Open Call for Startups to engage startups or venture capital-backed companies.


Spanish medtech startup QUIBIM closes €8 million investment round
Published: 22-07-2020 | 14:43:00 | By: Pie Kamau
Spanish Medtech startup QUIBIM has closed €8 million new financing in a seed funding round co-led by Amadeus Capital Partners and Adara Ventures.


Moroccan learning startup KoolSkools raises $417,000 for local, international expansion
Published: 22-07-2020 | 13:59:00 | By: Pie Kamau
Moroccan learning platform KoolSkools has raised $417,000 from Maroc Numeric Fund II an unnamed business angel.The investment will be used to finance the development of KoolSkools both in Morocco and internationally.


Moroccan fintech startup OnePay announces $417,000 investment from Maroc Numeric Fund II
Published: 22-07-2020 | 13:13:00 | By: Pie Kamau
OnePay, a Moroccan fintech startup that operates as a distributor of means of payment and aggregator of payment and value-added services in electronic transactions announced a $417,000 investment from Maroc Numeric Fund II.


[Startup Interview] Vimbai Malandu, Co-Founder, YuPlan Limited, Zimbabwe
Published: 21-07-2020 | 18:20:00 | By: Bob Koigi
YuPlan Limited is a Zimbabwe digital startup that allows customers to book a venue from anywhere in the world. The platform holds a selection of venues from office spaces, residential plots, gardens, school halls and sports fields among others.


Cornish startup Codices raises $800,000 seed round
Published: 21-07-2020 | 16:25:00 | By: Pie Kamau
Codices Interactive, a Cornish startup from the Falmouth Launchpad Incubator has closed its $800,000 seed round of funding led by the Cornwall and Isles of Scilly Investment Fund (CIOSIF) and Haatch Ventures.


Futuregrowth invests in South African online services disruptor startup SweepSouth
Published: 21-07-2020 | 15:51:00 | By: Pie Kamau
Futuregrowth has invested in SweepSouth, a disruptive online platform for booking, managing and paying for home cleaning, and now a variety of other services.


Kenyan startup PayGo Energy announces strategic investment from Saisan
Published: 21-07-2020 | 15:25:00 | By: Pie Kamau
PayGo Energy, an Energy Access Ventures portfolio company, has secured a strategic investment from Saisan, a leading Japanese energy company.


Dutch fintech startup BUX launches zero-commission investing app to French users
Published: 20-07-2020 | 16:48:00 | By: Pie Kamau
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.


Belfast health tech firm Neurovalens picked for UK startup scheme
Published: 20-07-2020 | 16:36:00 | By: Pie Kamau
Neurovalens, the Belfast tech company behind a headset developed to treat neurological health issues has been chosen for a major UK-wide programme.


Dutch startup Cevinio raises €4.5m to accelerate international growth
Published: 20-07-2020 | 16:18:00 | By: Pie Kamau
Cevinio, a fast-growing Accounts Payable software company from Rotterdam has raised €4.5 million from Endeit Capital and CNBB Venture Partners.


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.


South African animation and gaming startup Sea Monster secures $1m funding
Published: 17-07-2020 | 15:22:00 | By: Pie Kamau
Animation, gaming and AR/VR company Sea Monster announced the conclusion of a $1m investment from FirstRand’s Vumela Fund.


Pan-European micro-mobility startup Voi achieves profitability in June, secures $30m funding
Published: 16-07-2020 | 13:17:00 | By: Pie Kamau
Voi Technology, the pan-European micro-mobility leader announced it has reached its first-ever monthly profit at group level for the month of June, less than two years since it launched the e-scooter service which now operates across 40 cities.


French startup Ponicode raises €3m to develop Artificial Intelligence for improved code quality
Published: 16-07-2020 | 12:58:00 | By: Pie Kamau
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.


London based startup TOffeeAM raises £1m in Seed funding to expand its innovative team
Published: 16-07-2020 | 12:36:00 | By: Pie Kamau
TOffeeAM, an Imperial College spin-out that optimizes product designs for Additive Manufacturing (AM), also known as 3D printing, has raised £1 million in seed funding.


[Startup Interview] Sanyogita Patil, CEO, Ahlan Emirate, United Arab Emirates
Published: 16-07-2020 | 09:46:25 | By: Bob Koigi
As small businesses struggle with visibility and constrained marketing budgets, Ahlan Emirate, a startup based in United Arab Emirates has introduced a unique marketing offering that includes free SEO, increased web presence and connecting these businesses to prospective customers through its digital directory.


CDC backs Helios Investment with $100m commitment
Published: 15-07-2020 | 14:40:00 | By: Pie Kamau
CDC Group, UK’s development finance institution and leading impact investor, has committed $100 million to Helios Investors IV, the fourth private equity fund raised by Helios Investment Partners, a leading Africa-focused private equity firm.


IFC helps boost clean tech startups in Egypt, enables farmers switch to solar
Published: 15-07-2020 | 12:41:00 | By: Pie Kamau
IFC is joining forces with the National Bank of Egypt and MSMEDA to strengthen the clean technology entrepreneurship sector and boost Egyptian farmers’ access to finance for solar irrigation.


[Startup Interview] Anton Herbst, CEO, Vincula Holdings, South Africa
Published: 14-07-2020 | 17:00:00 | By: Bob Koigi
Vincula Holdings, domiciled in Johannesburg South Africa, is a startup connecting employers, project sponsors, contractors, subcontractors and suppliers through a platform that also seeks to provide participants with worldwide and focused exposure to grow their market share.


Dutch startup Open Social raises €1.25m for service expansion
Published: 14-07-2020 | 13:23:00 | By: Pie Kamau
Amsterdam-based B2B SaaS platform for building online communities Open Social has raised €1.25 million investment from Peak Capital and Nimbus Ventures.


AWIEF launches Enterprise Development for Women-Owned Ventures in Green Energy Startup Incubator
Published: 14-07-2020 | 08:36:00 | By: Pie Kamau
The Africa Women Innovation and Entrepreneurship Forum (AWIEF) has launched “Enterprise Development for Women-Owned Ventures in Green Energy” and announces the call for applications for Startup Incubator in Malawi and Nigeria.


UK property startups Goodlord and Vouch come together to create new market leader
Published: 13-07-2020 | 14:53:09 | By: Pie Kamau
Property technology company Goodlord will be joining forces with referencing platform Vouch, bringing the fast-growing Vouch business into the Goodlord group.


British Business Investments announces €120m commitment to LGT Capital Partners funds
Published: 13-07-2020 | 14:32:00 | By: Pie Kamau
British Business Investments, a commercial subsidiary of the British Business Bank, announced the third commitment through its £500m Managed Funds Programme.


Eir Ventures announces first close of €76m fund to leverage untapped potential of health care innovation
Published: 13-07-2020 | 14:05:00 | By: Pie Kamau
Eir Ventures, a Nordic Life Science Venture Fund, announced a first close of its new fund of €76 million to leverage untapped potential of health care innovation.


Wazoku acquires US open innovation leader InnoCentive, raises additional £1.25m to support global growth
Published: 10-07-2020 | 15:46:00 | By: Pie Kamau
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.


The Digital Africa seed fund off to a promising start, offers customized support for African startups
Published: 10-07-2020 | 12:46:00 | By: Pie Kamau
The Digital Africa seed fund for innovative entrepreneurship in Africa is off to a promising start. Just six months on from its launch, already, one third of the €15 million for technical and financial assistance has already begun to flow.


Mali renewable energy startup SolarX closes Series A round led by Energy Access Ventures
Published: 10-07-2020 | 11:09:00 | By: Pie Kamau
Mali-based solar company SolarX announced the close of its Series A round led by Energy Access Ventures, an early-stage fund investing in and supporting decentralized energy companies across sub-Saharan Africa.


U.S. electric-vehicle startup Fisker completes $50m private financing to launch its Ocean all-electric luxury SUV in 2022
Published: 09-07-2020 | 15:04:00 | By: Pie Kamau
Fisker, designer and manufacturer of the world’s most emotionstirring, eco-friendly electric vehicles and advanced mobility solutions announced the successful completion of a $50 million Series C financing round.


Enygma Ventures invests $1m in Zambian fintech startup Lupiya
Published: 09-07-2020 | 14:17:00 | By: Pie Kamau
Enygma Ventures has made a $1 million investment in Zambian based micro finance startup, Lupiya. This investment, will enable Lupiya to continue to scale and roll out its services.


UK startup NumberEight raises $2.3m seed round from Nauta Capital to predict consumer behaviour
Published: 08-07-2020 | 15:21:00 | By: Pie Kamau
NumberEight, a contextual intelligence platform for mobile devices that predicts consumer context to deliver the right content at the right time, has closed a $2.3 million seed round led by Nauta Capital.


German startup NavVis receives €20m funding from the European Investment Bank
Published: 08-07-2020 | 15:01:00 | By: Pie Kamau
The European Investment Bank (EIB) and NavVis signed a contract financing of €20 million to NavVis, a global market leader in digital twin technology.


[Startup Interview] Ian Sendagala, CEO, eFoods Trade, Uganda
Published: 08-07-2020 | 14:23:00 | By: Bob Koigi
eFoods Trade is an African online B2B marketplace connecting African foods to the global markets. The platform targets food importers, exporters, distributors, and manufacturers. Ian Sendagala the CEO explains.


[Startup Interview] Sam Bediako-Asante, Founder, Sambed Consult, Ghana
Published: 08-07-2020 | 14:20:00 | By: Bob Koigi
Sambed Consult in Ghana offers management consultancy services targeting MSMES with a view to helping them improve their management and organizational performance. Sam Bediako-Asante, the startup’s founder elaborates.


Nigeria's FCMB, Passion Incubator partner to launch FCMB Agritech Epic Pitch 2020
Published: 07-07-2020 | 16:27:00 | By: Pie Kamau
Nigeria's First City Monument Bank (FCMB) has partnered with Passion Incubator, a Lagos-based early-stage incubator and accelerator that has invested in some Agritech startups, to launch the virtual edition of the FCMB Agritech Epic Pitch 2020.


GreenTec Capital invests in Nigerian wholesale e-commerce startup Pricepally
Published: 07-07-2020 | 15:34:25 | By: Pie Kamau
GreenTec Capital Partners announced its investment in Pricepally, an innovative digital Nigerian wholesale platform allowing users to purchase food and other products either individually or as a part of a group.


French startup Koala closes €1.6m seed round led by Insurtech Gateway
Published: 07-07-2020 | 15:13:00 | By: Pie Kamau
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.


ETF leads €7 million investment in Finnish startup Basemark
Published: 07-07-2020 | 14:30:00 | By: Pie Kamau
Basemark, a leading software company specialising in graphics and autonomous driving vehicle software, has successfully concluded a €7 million equity funding round by ETF Partners.


[Startup Interview] Rajat Dayal, CEO, Yabx, India
Published: 07-07-2020 | 11:57:00 | By: Bob Koigi
Yabx targets the unbanked population in the emerging markets of Africa, Asia, and Latin America by leveraging the digital footprints of an individual and providing tailor-made financial services. The startup’s founder and CEO Rajat Dayal explains.


British biotech startup Freeline closes $120m Series C financing round
Published: 06-07-2020 | 15:44:00 | By: Pie Kamau
Freeline, a biotechnology company focused on developing curative gene therapies for chronic systemic diseases announced the closing of a $120 million extended Series C financing.


Ingressive Capital grows African tech fund to $10 million
Published: 04-07-2020 | 13:54:00 | By: Pie Kamau
Ingressive Capital has doubled its investment vehicle to back high-growth, tech-enabled startups across Africa, and now operates a $10 million fund.


New York fintech startup CMG raises $25m to digitally connect equity capital markets participants
Published: 04-07-2020 | 13:27:00 | By: Pie Kamau
Capital Markets Gateway (CMG), a New York based financial technology firm modernizing the equity capital markets (ECM) announced it received a strategic investment of $25 million from several financial firms.


U.S. based startup Andela to double engineering talent pool with Pan-African expansion
Published: 04-07-2020 | 12:45:00 | By: Pie Kamau
Andela, the global talent network that helps companies build remote engineering teams, will now accept engineers from all African countries, expanding its presence from six countries to the entire continent.


Privacy software company OneTrust acquires Seattle based startup Integris
Published: 03-07-2020 | 16:18:00 | By: Pie Kamau
Atlanta-based privacy, security, data governance, and compliance technology company OneTrust announced its Integris Software acquisition.


French startup Unlatch raises $5.8m funding round by AXA Venture Partners
Published: 03-07-2020 | 11:55:00 | By: Pie Kamau
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.


Belgium startup e-peas raises further €8 million in VC for long term growth
Published: 03-07-2020 | 11:07:00 | By: Pie Kamau
Award-winning Belgium start-up e-peas has raised an additional €8 million worth of investment led by Partech and Airbus Ventures, with KBC Focus Fund, W.IN.G, Noshaq Ventures, LeanSquare, Nivelinvest and Vives also contributing.


Estonian startup Veriff closes $15.5 million financing round for global expansion
Published: 03-07-2020 | 10:20:00 | By: Pie Kamau
Estonian identity verification startup Veriff closed a financing round of $15.5 million to ramp up global growth and sales to enterprise customers prior to a larger B-series financing round planned in the future.


MFS Africa acquires East Africa fintech startup Beyonic
Published: 03-07-2020 | 09:48:00 | By: Pie Kamau
East Africa fintech startup Beyonic announced that the company has been acquired by MFS Africa. MFS Africa operates Africa’s largest digital payments hub, connecting more than 200 million mobile wallets on the continent.


Nigerian fintech startup Wallets Africa raises undisclosed amount for African expansion
Published: 01-07-2020 | 15:54:00 | By: Pie Kamau
Nigerian fintech startup Wallets Africa has raised an undisclosed amount of funding to expand its operations and continue its quest to become Africa’s foremost borderless digital payments platform.


E-mobility startup Bolt launches electric bikes in Paris
Published: 01-07-2020 | 15:19:00 | By: Pie Kamau
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.