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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3899188 | Tags:

Somite raises $5.3m to incorporate AI in stem cell therapy
Published: 18-04-2024 | 14:03:00 | By: Pie Kamau
























Aclid closes $3.3m seed funding to advance biosecurity and compliance
Published: 12-10-2023 | 11:27:00 | By: Pie Kamau
Aclid announced the closing of an oversubscribed seed financing of $3.3 million.


Biotech startup Deka Biosciences closes $20m to advance product pipeline
Published: 29-09-2023 | 10:49:00 | By: Pie Kamau
Maryland-based biotech company Deka Biosciences, has closed $20m financing.


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


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


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


SynBio startup Enzymit announces breakthrough in cell-free hyaluronic acid production
Published: 03-08-2023 | 14:03:00 | By: Pie Kamau
Enzymit announced its success in synthetically producing hyaluronic acid (HA).


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


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


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


Vesalius Biocapital announces first close of fourth fund raising €95m
Published: 29-06-2023 | 15:27:00 | By: Pie Kamau
Vesalius Biocapital announced the first close of its fourth fund, Vesalius Biocapital IV, securing over €95m.


Cambridge-based biotech startup Uncommon raises $30m
Published: 09-06-2023 | 12:27:00 | By: Pie Kamau
Biotech startup Uncommon has raised $30m to pave way for scalable cultivated meat utilising RNA technologies.


46VC invests in Exum Instruments' Series A funding round
Published: 31-05-2023 | 11:08:00 | By: Pie Kamau
FortySix Venture Capital (46VC), announced its strategic investment in Exum Instruments' Series A funding round.


Pluton Biosciences raises $16.5m Series A funding to fight climate change
Published: 26-05-2023 | 10:31:00 | By: Pie Kamau
Pluton Biosciences announced the close of a $16.5 million Series A funding round.


UK biotech startup Resurrect Bio completes seed investment round to develop disease resistant crops
Published: 17-05-2023 | 13:27:00 | By: Pie Kamau
Resurrect Bio, a biotechnology startup which is on a mission to revolutionize the agricultural industry by giving crops the genetic tools to defend themselves against disease, has completed its seed investment round, totaling at £1.61 million.


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


Belgian beverage startup Bar.on develops world’s first molecular beer printer
Published: 04-04-2023 | 16:44:00 | By: Pie Kamau
Bar.on, a Belgian beverage startup, has developed the world's first molecular beer printer, capable of creating multiple types of beer in seconds.


Biotech startup Tiamat Sciences raises $2m seed extension round to accelerate product validation, strategic partnerships
Published: 13-03-2023 | 12:31:00 | By: Pie Kamau
Biotechnology startup Tiamat Sciences, announced its $2 million seed-extension financing round led by 8090 Industries with participation from new and existing investors.


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


Aerospace startup Space Kidz India launches satellite with support from Lumina Datamatics
Published: 05-01-2023 | 11:55:00 | By: Pie Kamau
Lumina Datamatics has partnered with Space Kidz India to launch a satellite into outer space. Launched in 2012, Space Kidz India is an aerospace startup designing, developing, and manufacturing small satellites to provide economical and sustainable access.


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


Heidelberg-based FundaMental Pharma launches with €10m seed financing to advance a First-in-Class neuroprotectant
Published: 28-11-2022 | 10:38:00 | By: Pie Kamau
FundaMental Pharma (FundaMental), a preclinical neuroscience company spun out of Heidelberg University, announced it has launched with €10 million in seed financing led by BioGeneration Ventures (BGV).


Austrian deep-tech startup Sarcura closes €7m to develop next-generation cell therapy manufacturing platform
Published: 18-11-2022 | 11:53:00 | By: Pie Kamau
Austrian deep-tech startup Sarcura announced the closing of an oversubscribed €7 million Seed Plus funding round to develop a next-generation cell therapy manufacturing platform.


Healthtech startup Weo launches smart bottle that amplifies water's health benefits via electrolysis
Published: 16-11-2022 | 11:05:00 | By: Pie Kamau
Weo, a healthtech startup using biotechnology to alter water at the molecular level, announced its official launch of the Weo Bottle, the first-ever portable water bottle that uses electrolysis to enhance the water you drink with the touch of a button.


Biotech startup Avstera Therapeutics closes seed round to advance its lead programs targeting solid tumors
Published: 10-11-2022 | 14:23:00 | By: Pie Kamau
Avstera Therapeutics, a biotechnology company based in the Philadelphia area, has announced the completion of its seed round to advance its lead cancer programs geared towards targeting solid tumors.


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


Reproductive tech startup Inti Labs sets sights on global infertility trend
Published: 24-10-2022 | 14:37:00 | By: Pie Kamau
Reproductive tech startup Inti Labs announced its official launch and ambitious long-term vision to overcome infertility. The company is focused on developing a range of first-in-class diagnostic tests for the in vitro fertilization (IVF) market.


Wayfinder Biosciences startup raises $3.5m to program RNA
Published: 24-10-2022 | 13:22:00 | By: Pie Kamau
RNA design company Wayfinder Biosciences announced it has raised a $3.5 million series seed round led by Notation Capital and Divergent Capital to continue its groundbreaking work in the use of RNA as a detection and therapeutic platform.


Biotech startup Hoxton Farms raises $22m Series A to cultivate animal fat in new pilot facility in London
Published: 21-10-2022 | 09:54:00 | By: Pie Kamau
London-based Hoxton Farms has announced a $22 million Series A round to build a pilot facility for producing cultivated fat: the missing ingredient necessary to make meat alternatives delicious, realistic and versatile.


Paris-based cultivated meat startup Gourmey raises €48m Series A funding to accelerate growth
Published: 11-10-2022 | 14:04:00 | By: Pie Kamau
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.


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


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


Swiss biotech startup Hedera Dx raises €14m seed funding to accelerate global adoption of liquid biopsies
Published: 21-09-2022 | 11:52:00 | By: Pie Kamau
Hedera Dx, a Swiss biotech startup, has raised €14 million in funding to launch a blood-based testing solution to profile cancer DNA circulating in the blood, helping patients access better treatments.


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


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


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


Puna Bio startup raises $3.7m seed funding to restore soil health with desert microbes
Published: 05-09-2022 | 14:41:00 | By: Pie Kamau
Puna Bio announced $3.7 million in seed funding that will be used to commercially launch its first soybean seed treatment in Argentina that is cost competitive to existing biological solutions, expand field trials for wheat and corn.


Eurobio acquires 100% of Dutch transplant diagnostics startup GenDx
Published: 25-08-2022 | 11:38:00 | By: Pie Kamau
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.


Canadian startup Vive Crop Protection closes $26m funding round to accelerate its precision chemistry platform
Published: 22-08-2022 | 13:16:00 | By: Pie Kamau
Vive Crop Protection announced the close of $26 million Series C investment round, led by Emmertech with participation from the Cibus funds, and existing investors Business Development Bank of Canada (BDC).


UK-based Medi-science International partners with Kenyan healthtech startup Afya Rekod to enhance healthcare delivery
Published: 19-08-2022 | 11:49:00 | By: Pie Kamau
UK-based Medi-science International and Kenyan healthtech startup Afya Rekod have announced a strategic collaboration to transform healthcare delivery through improved access to personal health data.


BASF Venture Capital and Dutch-based Aqua-Spark invest in Sea6 Energy as part of Series B financing round
Published: 19-08-2022 | 11:32:53 | By: Pie Kamau
BASF Venture Capital, the corporate venture company of BASF SE, Germany, and Aqua-Spark, a Dutch investment fund focusing on the global aquaculture industry, are investing in Sea6 Energy as part of a Series B round.


Finnish edtech startup Kide Science raises €1m bridge round to accelerate growth
Published: 08-08-2022 | 11:09:00 | By: Pie Kamau
Finnish edtech startup Kide Science announced it has raised €1 million, to support their new and exciting bid to expand from primarily science education, into all early years subjects.


Canadian biotech startup Spiderwort secures $13.2m financing to accelerate clinical trials of biomaterials
Published: 12-07-2022 | 15:19:00 | By: Pie Kamau
Spiderwort, the biotech company innovating in cellulose-based tissue scaffolding to treat acute spinal cord injuries, announced the successful completion of its $13.2 million Series A financing.


Israeli biotech food colorant startup Phytolon closes $14.5m funding to accelerate growth
Published: 08-07-2022 | 11:36:00 | By: Pie Kamau
Phytolon, the developer of fermentation-based natural food colors, announced it has secured $14.5 million Series A funding, led by DSM Venturing, to further progress its technology towards commercialization.


Nigerian Lab testing startup HealthTracka raises $1.5m funding for expansion to Kenya and Ghana
Published: 27-06-2022 | 11:31:00 | By: Pie Kamau
Nigerian at-home lab testing startup HealthTracka has raised $1.5 million in funding to expand its operations into Kenya and Ghana. The pre-seed funding which was led by Ingressive Capital.


Early stage VC firm Kairos Ventures closes third fund at $58m
Published: 14-06-2022 | 14:21:00 | By: Pie Kamau
Kairos Ventures, an early stage venture capital firm investing in physical and life sciences, announced the close of its third fund (Fund III), with capital commitments of $58 million.


Data analytics startup Gigasheet closes $7m Series A to democratize big data analysis
Published: 02-06-2022 | 15:34:00 | By: Pie Kamau
Gigasheet, a startup that brings data science and big data analytics capabilities to anyone who can use a spreadsheet, announced it has closed $7 million in a Series A funding round.


Indian data insights startup Synaptic raises $20m Series B funding to accelerate growth
Published: 01-06-2022 | 10:27:00 | By: Pie Kamau
Synaptic, an alternative data insights startup, announced the successful closure of $20 million in Series B funding round led by Valor Equity Partne


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


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


Crop tech startup moa raises $44m Series B financing to progress new generation of safe and sustainable crop protection products
Published: 31-05-2022 | 11:31:00 | By: Pie Kamau
moa Technology, the crop protection discovery company that is revolutionizing the future of weed control in agriculture, announced it has secured $44 million in Series B financing.


Israeli agritech startup Seed-X partners with Advanta Seeds to improve seed lot quality
Published: 16-05-2022 | 14:33:00 | By: Pie Kamau
Seed-X, an innovative AI-driven Agritech company, and Advanta Seeds, a UPL group company, are joining forces to apply new technology in seed processing.


Foodtech startup Haofood partners Lawson to accelerate presence in China
Published: 11-05-2022 | 12:30:00 | By: Pie Kamau
Haofood, a food science and technology startup announced a new partnership with Chinese convenience store Lawson where customers will gain greater access to its products.


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


Cambridge-based startup Sano Genetics raises $11m funding to accelerate genetic disease research
Published: 28-03-2022 | 16:46:00 | By: Pie Kamau
Cambridge-based startup Sano Genetics announced it has raised $11 million in a Series A funding round led by MMC Ventures, with further funding from Episode 1, Seedcamp and several experienced operators in software and life sciences.


CA-based foodtech startup Yali Bio raises $3.9m seed round to advance plant based cultured fat production
Published: 23-02-2022 | 17:21:00 | By: Pie Kamau
Yali Bio, a CA-based foodtech startup focused on designer fats for plant-based meat and dairy products announced today it has raised a $3.9 million seed round, bringing their total funding to $5 million.


South Korean AI optimization tech startup Nota selected as NVIDIA Inception Premier member
Published: 18-01-2022 | 10:14:00 | By: Pie Kamau
Nota, an AI optimization technology company, announced it has been promoted to Premier status in the NVIDIA Inception program.


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


Munich-based startup ZenML raises $2.7m to advance open source MLOps framework
Published: 15-12-2021 | 13:42:00 | By: Pie Kamau
ZenML, the creator of the extensible open source Machine Learning Operationalization (MLOps) framework for data scientists, announced it has raised $2.7 million in its seed round led by Crane Venture Partners.


Biotech startup Tiamat Sciences raises $3m to manufacture plant-based biomolecules
Published: 25-11-2021 | 10:55:00 | By: Pie Kamau
Biotechnology startup Tiamat Sciences announced its $3 million seed financing round led by Silicon Valley venture capital firm True Ventures with participation from Social Impact Capital and Cantos.


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


Israeli foodtech startup Imagindairy closes $13m seed round to advance animal-free dairy
Published: 23-11-2021 | 08:08:00 | By: Pie Kamau
Imagindairy, a foodtech company creating milk proteins identical to those from cows, announced completion of a $13 milion seed round, led by MoreVC, a leading seed stage investor in Israel managing $275 million across three funds.


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


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


Finnish heathcare startup Valo Tx raises €11m to advance PeptiCRAd immunotherapy platform into the clinic
Published: 16-11-2021 | 13:22:00 | By: Pie Kamau
Valo Therapeutics Oy (Valo Tx), the developer of novel, adaptable immunotherapy platforms for cancer and infectious diseases, raised €11 million in an oversubscribed Pre-IPO funding round.


Biotech startup Shiru closes $17m Series A to develop novel plant-based food ingredients
Published: 28-10-2021 | 09:32:00 | By: Pie Kamau
Shiru, a biotech startup that identifies and creates novel plant-based ingredients for the global food industry, closed a $17 million Series A round led by S2G Ventures and joined by returning investors Lux Capital, CPT Capital, Y Combinator, and Emles Venture Partners.


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


Starfish Space startup raises $7m to develop Otter space tug
Published: 29-09-2021 | 13:05:00 | By: Pie Kamau
Starfish Space, a satellite servicing company founded by former Blue Origin engineers, announced it has raised a $7 million funding round co-led by NFX and MaC Venture Capital, with participation from PSL Ventures, Boost VC, Liquid2 Ventures, and Hypothesis.


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


Illumina Accelerator invests in seven genomics startups for 3rd global cycle
Published: 16-09-2021 | 11:55:00 | By: Pie Kamau
Illumina has selected seven new genomics companies to join the third global funding cycle of Illumina Accelerator. The global company creation engine, focused on partnering with entrepreneurs to build breakthrough genomics startups.


Israeli insurtech startup Vesttoo joins NVIDIA Inception to further develop AI-based technologies
Published: 07-09-2021 | 15:38:30 | By: Pie Kamau
Israeli insurtech startup Vesttoo announced it has joined NVIDIA Inception, a program designed to nurture companies revolutionizing industries with advancements in AI and data sciences.


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


AI startup 3AI joins NVIDIA Inception program
Published: 24-08-2021 | 15:12:00 | By: Pie Kamau
AI startup 3AI announced it has joined NVIDIA Inception, an accelerator program designed to nurture startups revolutionizing industries with advancements in AI and data sciences.


Mental health and wellness startup Rey raises $10m Series A funding for expansion through digital capabilities
Published: 03-08-2021 | 11:47:00 | By: Pie Kamau
Rey, a new mental health and wellness company integrating immersive tools and digital interventions with teletherapy, announced $10 million in new funding, increasing its Series A to a total of $26 million.


Pet startup Embark Veterinary raises $75m Series B funding to accelerate growth
Published: 27-07-2021 | 13:04:00 | By: Pie Kamau
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.


DLA Piper advises 4G Clinical in $230m growth equity investment from Goldman Sachs Asset Management
Published: 22-07-2021 | 12:03:00 | By: Pie Kamau
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.


Canadian space-tech startup SkyWatch partners with Wyvern to deliver next-gen earth observation data
Published: 30-06-2021 | 16:26:00 | By: Pie Kamau
SkyWatch Space Applications, a Waterloo-based space technology startup, signed an agreement to deliver data management capabilities to Wyvern, a commercial space data company headquartered in Edmonton, Alberta, Canada.


Flats or Spikes startup raises more than $900K to scale next-generation running platform
Published: 25-06-2021 | 11:45:00 | By: Pie Kamau
Flats or Spikes raised more than $900K to revolutionize data capture and data science for distance runners on Cross Country, Track and Field, road racing, and professional endurance sports teams in a Pre-Seed round of financing.


Neurotech startup Humm launches public beta for world's first consumer, learnable
Published: 25-06-2021 | 11:24:00 | By: Pie Kamau
humm, a neurotech company focused on helping people learn throughout their lives, launched a public beta for the world's first consumer, learnable - a noninvasive wearable that's clinically proven to improve your ability to learn.


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


Manufacturing AI startup ExLattice joins NVIDIA Inception
Published: 26-05-2021 | 16:30:00 | By: Pie Kamau
ExLattice announced it has joined NVIDIA Inception, a program designed to nurture startups revolutionizing industries with advancements in AI and data sciences.


Deathcare startup Parting Stone closes $1.3m in funding round to accelerate growth
Published: 05-05-2021 | 13:44:00 | By: Pie Kamau
Parting Stone, the deathcare startup solving the uncomfortable experience of dealing with cremated remains, announced the close of a $1.3 million seed-plus capital raise.


Phantom Space Corporation startup raises $5m seed funding to revolutionize space transportation
Published: 15-04-2021 | 10:02:00 | By: Pie Kamau
Phantom Space Corporation, a space transportation technology development and manufacturing company, announced the raise of $5 million in seed investment funding to make space commerce commonplace and to lower the barriers to space access.


SafeGraph startup raises $45m Series B to become ultimate destination for physical places data
Published: 18-03-2021 | 13:03:00 | By: Pie Kamau
SafeGraph, a data-as-a-service company focused on being the source of truth for data on physical places, announced a $45 million Series B fundraise, led by Sapphire Ventures.


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


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


Scientific startups investor Prime Movers Lab expands life sciences practice
Published: 17-02-2021 | 12:56:00 | By: Pie Kamau
Prime Movers Lab, an investor in breakthrough scientific startups that will revolutionize the world's most important industries and transform billions of lives, announced that it is expanding its efforts in the life sciences.


Biotech Executive Elizabeth Cormier-May appointed new CEO for women's health startup Mammogen
Published: 05-02-2021 | 10:01:34 | By: Pie Kamau
Mammogen, Inc., a women's health startup born at the intersection of data, technology and science, and Bench International, a leading global executive search firm, jointly announce the appointment of Elizabeth Cormier-May as Chief Executive Officer.


Autonomous sweeper from Berlin startup approved for public road use in Singapore
Published: 15-01-2021 | 11:50:00 | By: Pie Kamau
The autonomous compact sweeper "Donner", developed by a consortium led by ENWAY and Bucher Municipal, has passed the Land Transport Authority's approval test for autonomous vehicles for use on public roads.


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


[Column] Patrick Ndegwa: Celebrating startups and digital businesses that are uplifting African communities
Published: 30-11-2020 | 15:39:17 | By: Pie Kamau
The digital economy has opened up many opportunities for global businesses. Large enterprises and small businesses have seen increased profits and enhanced productivity due to digital innovation.


Biometrics startup Levels raises $12m seed round to mainstream Biowearables, improve metabolic health
Published: 30-11-2020 | 15:01:00 | By: Pie Kamau
Levels, the first biowearable system to provide real-time feedback on how your diet impacts your health announced a $12 million seed round led by a16z, one of Silicon Valley's top venture capital firms.


New manufacturing startup JTEC Energy announces the close of its initial seed round
Published: 30-11-2020 | 14:33:00 | By: Pie Kamau
New manufacturing startup JTEC Energy announced it closed on an initial seed fundraising round, to hire additional scientists and engineers in order to accelerate the development of the the company.


CerraCap Ventures, Exfinity Venture Partners join forces for new growth
Published: 30-11-2020 | 13:48:00 | By: Pie Kamau
CerraCap Ventures and Exfinity Venture Partners announced their global strategic partnership integrating CerraCap's unique Sales & Scale model with Exfinity's stated vision helping develop global enterprise startups leveraging the Indo-US corridor.


25 African tech startups qualify for Seedstars regional competition
Published: 30-11-2020 | 13:27:39 | By: Pie Kamau
25 African tech startups have qualified for the Seedstars World Competition 2020. The startups are among the 94 from emerging markets that were selected to advance to the regional stage of the competition.


South Korean AI startup lululab secures Series B funding led by Netmarble
Published: 30-11-2020 | 13:18:39 | By: Pie Kamau
AI startup lululab, a member company of Born2Global Centre, has successfully attracted Series B funding from Netmarble, Korea's leading game developer, as well as from other companies.


Zimbabwe startup Phenomenon Technologies partners with MEL Science for applied learning solutions in Africa
Published: 26-11-2020 | 13:53:09 | By: Bob Koigi
Zimbabwean startup Phenomenon Technologies has partnered with global science kits giant MEL Science in a strategic move meant to enable applied science learning in Zimbabwe and Africa.


South Korean startup Autonomous a2z raises $1.9m for autonomous driving solution
Published: 26-11-2020 | 11:12:00 | By: Pie Kamau
Autonomous a2z, a member company of Born2Global Centre and Sejong Technopark, received a seed investment of $1.9 million from angel investments by individuals and partner corporations.


Tech startup Nestlings raises $1.5m to help international students through college application process
Published: 26-11-2020 | 10:52:00 | By: Pie Kamau
Nestlings, an online portal that guides international students through the process of applying to colleges in the US, Canada, and the UK, has raised $1.5 million in a Seed Round of funding from Candid Ventures.


SEED SPOT wins $300k EDA grant in partnership with Canyon Angels
Published: 26-11-2020 | 10:34:00 | By: Pie Kamau
SEED SPOT and Canyon Angels will train 180 angels to grow the robust investing community in Arizona and create more access to early-stage funding for entrepreneurs with a focus on EdTech, MedTech, and CleanTech.


Genomic medicines startup Metagenomi closes $65m led by Leaps by Bayer and Humboldt Fund
Published: 26-11-2020 | 10:17:00 | By: Pie Kamau
Metagenomi, a next generation gene editing company launched by UC Berkeley scientists in 2018, successfully completed a $65 million Series A financing round and emerged from stealth mode.


ITIDA, AUC Venture Lab kick off Startup Launchpad to enrich Egyptian entrepreneurship ecosystem
Published: 25-11-2020 | 16:02:00 | By: Pie Kamau
ITIDA (IT Industry Development Agency) and AUC Venture Lab announced their collaboration on Startup Launchpad, a capacity-building program that empowers entrepreneurs as they launch their technology startups.


Nigerian mobility startup Plentywaka expands car-hailing service in Delta State
Published: 25-11-2020 | 15:52:20 | By: Pie Kamau
Nigerian mobility startup Plentywaka, announced the launch of a new car-hailing service, Wakacab in Asaba and Warri Delta State, borne out of the need to expand and improve on the limited transport links in southern Nigeria.


Life science startup Correlia Biosystems closes $7m Series A to enable product launch
Published: 25-11-2020 | 15:23:00 | By: Pie Kamau
Correlia Biosystems, a Berkeley, CA based life science startup, announced it has closed a $7 million Series A financing round with select global investors.


Early-stage venture firm MGV Capital announces initial closing of its new Capital Fund
Published: 25-11-2020 | 15:09:42 | By: Pie Kamau
Early-stage venture capital firm, MGV Capital Group, announced it has held an initial closing of its new fund, MGV Capital Fund, to invest in early stage software technology companies.


Equinix invests $55m to build its third data center in Osaka, Japan
Published: 25-11-2020 | 14:48:00 | By: Pie Kamau
Equinix, the world's digital infrastructure company, announced an initial investment of $55 million to build its third International Business Exchange (IBX) data center in Osaka, Japan.


Contour Venture Partners closes oversubscribed $82m fourth seed fund
Published: 24-11-2020 | 13:32:00 | By: Pie Kamau
Contour Venture Partners, a New York City based seed stage venture capital firm, announced the closing of Contour Venture Partners IV with $82 million of capital commitments, exceeding its target of $75 million.


Food & beverage e-commerce startup Feast & Fettle raises $1.2m to expand into Massachusetts and Connecticut
Published: 24-11-2020 | 13:10:00 | By: Pie Kamau
Feast & Fettle, a premium, fully-prepared meal delivery service based out of Rhode Island, announced the closing of a $1.2 million Seed round led by Salem Capital Management.


Singapore-based Plano wins world's most innovative healthtech startup
Published: 24-11-2020 | 12:45:00 | By: Pie Kamau
Up against 64 global healthtech startups, Plano has emerged as the winner of Galen Growth's World's Most Innovative Healthtech Startup 2020 Award.


Biotech startup Mekonos raises $4.6m for its gene engineering platform
Published: 24-11-2020 | 12:09:00 | By: Pie Kamau
Mekonos, a biotech company launching the first-of-its kind system-on-a-chip (SoC) for targeted ex vivo gene engineering, announced it has completed a $4.6 million financing round.


Israeli consumer intelligence startup Konnecto closes $3.5m seed round, launches 'Reveal & Disrupt'
Published: 23-11-2020 | 16:19:00 | By: Pie Kamau
Konnecto, the consumer intelligence platform enabling brands to gain visibility into the earliest stages of the consumer journey, announced the completion of a $3.5 million seed round, led by TPY Capital.


Fintech startup Credit Key closes $33m Series A financing, expands footprint in B2B payments
Published: 23-11-2020 | 16:00:00 | By: Pie Kamau
Credit Key, the B2B e-commerce payments solution, closed $33.85 million in total series A financing to support growth with participation from Greycroft, Bonfire Ventures, Loeb.nyc and other investors.


African fintech startup Chipper Cash raises $30m backed by Amazon CEO Jeff Bezos
Published: 23-11-2020 | 15:02:00 | By: Pie Kamau
African fintech startup Chipper Cash has secured a $30 million Series B funding round led by Ribbit Capital with participation of Bezos Expeditions, the personal venture capital fund of Amazon CEO Jeff Bezos.


South African fintech startup Ukheshe to acquire Oltio, strengthens partnership with Mastercard
Published: 23-11-2020 | 07:53:00 | By: Pie Kamau
South African fintech startup Ukheshe announced it has entered into an agreement to acquire Oltio, a mobile technology company that developed Mastercard’s QR payment service Masterpass in South Africa.


Kwik Delivery startup partners with Total on e-commerce fulfilment and delivery service in Nigeria
Published: 23-11-2020 | 07:44:26 | By: Pie Kamau
Nigerian e-commerce startup Kwik Delivery has partnered with Total Nigeria, to develop an e-commerce fulfilment and delivery service in Nigeria.


Venture Noire announces second fundraising cycle to support minority owned businesses
Published: 20-11-2020 | 13:18:50 | By: Pie Kamau
Venture Noire, a non-profit organization dedicated to supporting Black and minority entrepreneurs, announced the completion of its initial program funded by a grant from the Walton Family Foundation.


South Korea's StradVision joins NVIDIA Inception program as premier partner
Published: 20-11-2020 | 12:59:59 | By: Pie Kamau
StradVision has joined NVIDIA Inception, a virtual accelerator program designed to nurture companies that are revolutionizing industries with advancements in AI and data sciences.


GR0 launches SEO studio for direct-to-consumer startups
Published: 20-11-2020 | 12:47:00 | By: Pie Kamau
Digital marketing agency GR0 has officially launched a startup studio located in the Playa Vista area with a main focus in organic growth for direct-to-consumer startups.


Bamboo Capital, Government of Madagascar, World Bank launch $40m energy access fund for Madagascar
Published: 20-11-2020 | 12:32:00 | By: Pie Kamau
Bamboo Capital Partners has been appointed by the Government of Madagascar and the World Bank as the international fund manager for the Off-Grid Market Development Fund, a $40 million renewable energy access fund.


African tech startups secure funding from Orange Ventures MEA Seed Challenge
Published: 19-11-2020 | 11:19:00 | By: Pie Kamau
Six African tech startups and one Jordanian startup have secured funding from Orange Ventures Africa & Middle East.


Dakota Johnson joins sexual wellness startup maude as Co-creative Director & Investor
Published: 18-11-2020 | 15:20:00 | By: Pie Kamau
Sexual wellness startup maude announced that Dakota Johnson will be joining the category-defining sexual wellness brand as co-creative director and investor.


Porsche Ventures invests in AI startup Drivably's breakthrough inventory technology
Published: 18-11-2020 | 14:28:47 | By: Pie Kamau
Drivably, an advanced AI company that helps dealers acquire private party inventory from the right markets at the right price, has received an investment from Porsche Ventures to help Drivably further develop its technology and expand its footprint.


South Africa's MetroFibre Networx completes new capital raise from AIIM and STOA
Published: 18-11-2020 | 11:25:26 | By: Pie Kamau
African Infrastructure Investment Managers (AIIM), Africa’s infrastructure-focused private equity fund managers, has acquired a minority equity stake in MetroFibre Networx, a South African open access fibre network operator.


Ibnsina Pharma acquires 75% stake in Egyptian health and beauty products startup 3elagi
Published: 18-11-2020 | 10:25:12 | By: Pie Kamau
Ibnsina Pharma signed an agreement to acquire 75% stake in Egyptian health and beauty products startup 3elagi Tech, a platform that links pharmacies with patients to order medicines and cosmetics online.


Readout Health startup partners with Apollo Health for management of neurodegenerative disease
Published: 17-11-2020 | 14:10:20 | By: Pie Kamau
Readout Health, a digital biomarker startup, announced partnership with Apollo Health, a health technology leader in neurodegenerative medicine.


Berlin startup DigiWhat launches international B2B case studies standard
Published: 17-11-2020 | 13:37:27 | By: Pie Kamau
Berlin startup DigiWhat launched international B2B case studies standard to simplifiy marketing, matchmaking and lead generation efforts for tech companies, venture builders and events.


UAE fintech startup Sarwa unveils next gen Sarwa X, announces partnership with Saxo Bank
Published: 17-11-2020 | 13:09:00 | By: Pie Kamau
Sarwa, online investment advisory platform for young professionals has unveiled its next-generation Sarwa X, a new product powered by a strategic partnership with Saxo Bank, a Fintech and Regtech specialist focused on multi-asset trading and investment.


Burges Karkaria joins AI startup Censia as CTO
Published: 17-11-2020 | 12:23:00 | By: Pie Kamau
Burges Karkaria, former Chief Technology Officer of Enterprise at Intel Corporation, has joined Bay Area startup Censia, a provider of talent intelligence, recruiting and workforce management technology, as CTO.


[Startup Interview] Jon Cooper, CEO, Life.io, USA
Published: 17-11-2020 | 12:14:00 | By: Bob Koigi
Life.io is a US-based startup that helps companies accelerate the development of their end-to-end digital client experience with the Life.io Solution Suite: Grow, Engage and Empower. Jon Cooper the startup’s co-founder and CEO elaborates.


Swiftarc Ventures invests in biosafety startup R-Zero to fast-track its UV-C disinfecting device
Published: 16-11-2020 | 13:43:11 | By: Pie Kamau
Swiftarc Ventures, an early and growth stage Venture Capital firm focused on the next generation of Consumer and Consumer Health disruptors, has made its first portfolio investment in biosafety startup R-Zero.


Chinese autonomous truck startup Inceptio Technology raises $120m to accelerate volume production
Published: 16-11-2020 | 13:24:00 | By: Pie Kamau
Inceptio Technology, an autonomous truck company, announced a $120 million funding led by Contemporary Amperex Technology, developer and manufacturer of lithium-ion batteries.


Bridge for Billions launches Global Investors Network to connect entrepreneurs with investment opportunities
Published: 16-11-2020 | 13:06:00 | By: Pie Kamau
Bridge for Billions has launched its Global Investors Network, which aims to help make the investment ecosystem accessible to all promising purpose-driven ventures.


Africa-focused VC fund Outlierz Ventures invests in three Nigeria startups
Published: 16-11-2020 | 12:56:28 | By: Pie Kamau
Africa-focused Morocco-based B2B VC fund Outlierz Ventures has announced new investments into three Nigerian startups - Bamboo, Youverify and Healthlane.


AI Media Group launches Africa’s first AI-focused free investment matchmaking service for African startups
Published: 16-11-2020 | 12:45:00 | By: Pie Kamau
The AI Media Group has launched The Deal Room, Africa’s first artificial intelligence (AI) focused, free investment matchmaking service which aims to connect African AI focused startups to interested investors and venture capitalists (VCs).


Bentley Systems commits $100m venture funding to accelerate infrastructure digital twins
Published: 13-11-2020 | 14:13:00 | By: Pie Kamau
Bentley Systems, the infrastructure engineering software company, announced the establishment of Bentley iTwin Ventures to invest in promising technology companies addressing the emerging opportunity for infrastructure digital twin solutions.


Dairy snack startups compete for $200,000 in Real California Milk Snackcelerator
Published: 13-11-2020 | 12:06:00 | By: Pie Kamau
Ice cream infused with vegetables, to-go premium cheese snacks, decadent chocolate mousse and flavored paneer make up the finalists announced in the Real California Milk Snackcelerator product innovation competition.


Blackbaud Social Good Startup Program supports emerging companies to drive innovation
Published: 13-11-2020 | 11:39:07 | By: Pie Kamau
Blackbaud, cloud software company powering social good, is accepting applications for the Blackbaud Social Good Startup Program, a unique, yearlong program designed to drive innovation.


Digital investment platform Clim8 smashes target for latest funding campaign by 600%
Published: 13-11-2020 | 11:14:00 | By: Pie Kamau
As interest in sustainable investing continues to grow apace, Clim8 Invest (Clim8), a digital investment platform that help consumers invest exclusively in companies focused on tackling the climate crisis, has raised a further £2.4 million in funding.


British fintech startup ilumoni raises $450,000 to transform borrowing behaviours, help people repay debt
Published: 12-11-2020 | 13:34:00 | By: Pie Kamau
ilumoni, the fintech startup helping people to borrow better, save on unnecessary interest and time in paying off debts has raised $450,000 pre-seed investment backed by Move Ventures.


Tech startup Roots Automation secures $3.2m to expand AI capabilities, accelerate customer acquisition
Published: 12-11-2020 | 13:17:00 | By: Pie Kamau
Roots Automation, the NYC-based Digital Coworkers as a Service company, has raised a $3.2 million seed round led by Vestigo Ventures.


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


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


Peer-to-peer solar leasing startup Sun Exchange announces African expansion in Zimbabwe
Published: 11-11-2020 | 15:13:00 | By: Pie Kamau
South African peer-to-peer solar leasing startup Sun Exchange marked its official expansion into sub-Saharan Africa with the first of three crowdsales for a multiphase, 1.9 megawatt (MW) solar-plus-storage project for Nhimbe Fresh.


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.


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


Social podcasting startup Bitcast partners with Podcast Notes for joint launch of new iOS clipping app
Published: 11-11-2020 | 13:52:49 | By: Pie Kamau
Los Angeles based social podcasting platform Bitcast has partnered with Podcast Notes, a publisher in the podcast space, for the launch of a new iOS app that lets listeners 'Magically Clip, Collect and Share the best moments in Podcasts'.


Chicago startup qReveal launches affordable QR code menu and price list solution
Published: 10-11-2020 | 12:31:56 | By: Pie Kamau
Responding to the challenging scene of a myriad of health and safety protocols facing restaurants and other businesses, Chicago startup qReveal has launched a platform that builds easy to use QR code menus and price lists.


Former Bitcoin.com CEO launches Sonic Capital, Asia's first tokenized venture investment fund
Published: 10-11-2020 | 12:19:00 | By: Pie Kamau
Former Bitcoin.com CEO Stefan Rust announced the launch of Sonic Capital, Asia's first venture capital and impact investment fund to be tokenized on the blockchain.


[Startup Interview] Almasi Ndangili, Founder, Imarisha East Africa Productions, Kenya
Published: 10-11-2020 | 11:57:00 | By: Bob Koigi
Almasi Ndangili is the founder of Imarisha East Africa Productions Ltd, a Kenya-based talent academy promoting education through edutainment. The startup has invested in TV Shows, event organization, book launches, talent development, TV Script writing, Africanized animations, digital publishing and branding.


Tech startup Cellwize secures $32m Series B financing to expand its global footprint
Published: 10-11-2020 | 11:33:00 | By: Pie Kamau
Cellwize, a global leader in mobile network automation and orchestration, announced a $32 million Series B funding round in its parent company, Cellwize Wireless Technologies, led by Intel Capital and Qualcomm Ventures.


Israeli cybersecurity startup ReSec Technologies raises $4m Series A funding for expansion
Published: 10-11-2020 | 09:51:00 | By: Pie Kamau
ReSec Technologies, a cyber security company that protects organizations from file-based malware threats, announced the completion of its $4 million Series A round of financing.


Mastercard co-innovates with 10 new fintechs to reshape the future of commerce
Published: 10-11-2020 | 07:30:00 | By: Pie Kamau
Mastercard has welcomed 10 fintechs from around the world to participate in its startup engagement program, Start Path, to scale the future of commerce.


Kenyan fintech startup Kwara launches Customer Success Traineeship Program for university graduates
Published: 09-11-2020 | 15:24:05 | By: Pie Kamau
Kwara, a digital banking platform in Kenya announced the launch of a Customer Success Traineeship Program. The program is part of the company’s broader agenda to build capacity for rising young Kenyan professionals.


Swedish fintech startup Payer launches beta test program to revolutionize customer registration in B2B e-commerce
Published: 09-11-2020 | 14:51:00 | By: Pie Kamau
Financial Services startup Payer has developed a new registration product that revolutionizes how customer relationships are made between companies online.


Nigerian HR startup SeamlessHR raises seven-figure funding to expand across Africa
Published: 09-11-2020 | 09:30:00 | By: Pie Kamau
Nigeria’s HR startup SeamlessHR has closed a seven-figure deal as it seeks to expand across other African markets.


African startups more investible now than ever
Published: 09-11-2020 | 09:20:00 | By: Pie Kamau
Africa’s startups have never been more investible than now. There is a growing number of professional ‘super angels’ involved in record-breaking deals, and private equity investments have doubled since last year.


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


Swiss biotech startup Memo Therapeutics raises €13.9m to support clinical development of potent antibodies
Published: 06-11-2020 | 14:13:00 | By: Pie Kamau
Swiss biotech startup Memo Therapeutics AG, an innovator in the field of antibody discovery and immune repertoire analysis, announced it has raised €13.9 million in Series B financing.


Kenyan agritech startup Farmers Pride raises $220k funding from Gray Matters Capital’s coLABS
Published: 06-11-2020 | 13:15:00 | By: Pie Kamau
US-based impact investor Gray Matters Capital announced its funding in Kenya's agritech startup Farmers Pride, a one stop e-commerce platform that connects village level farmers to quality inputs, services and information.


Dublin-based travel tech startup TripAdmit secures €500,000 funding for international expansion
Published: 05-11-2020 | 15:51:00 | By: Pie Kamau
TripAdmit, Dublin based travel tech startup that provides sales and distribution solutions for tours and activities, has secured €500,000 funding from investors, including the backing of Enterprise Ireland’s High Potential Start Up unit.


Dutch biotech startup Salvia BioElectronics receives FDA Breakthrough Device Designation for innovative neurostimulation solution
Published: 05-11-2020 | 15:30:00 | By: Pie Kamau
Salvia BioElectronics, a neurostimulation platform targeting chronic migraine, announced that the U.S. FDA has granted Breakthrough Device Designation for its implantable neurostimulation system to address chronic migraine.


Armenian AI startup Podcastle raises $1.75m seed round to create next-gen podcast platform
Published: 05-11-2020 | 14:37:00 | By: Pie Kamau
Podcastle, a company developing podcast creation tools for amateur and professional podcasters and a streaming platform for listeners, announced a $1.75 million seed funding led by Sierra Ventures.


Paxful partners with African fintech startup Uhuru Wallet to ease money transfers
Published: 04-11-2020 | 11:49:00 | By: Pie Kamau
Crypto marketplace Paxful announced it is adding Uhuru Wallet as a payment method to its platform, to help provide easy access to the crypto economy for users in Southern Africa.


Human API startup raises over $20m funding to scale consumer-controlled health data ecosystem
Published: 04-11-2020 | 11:20:00 | By: Pie Kamau
Human API, company empowering consumers to connect and share electronic health data with companies they trust, announced it has raised over $20 million in Series C funding, to scale consumer-controlled health data ecosystem.


Travel booking startup Tripbnb.com uses AI to link travelers and accommodation quickly
Published: 04-11-2020 | 10:53:00 | By: Pie Kamau
Taiwanese travel booking startup Tripbnb.com is helping domestic accommodation providers draw up new business strategies and the country's travel industry had to enhance their technical standards with AI-based systems.


AI startup ATLAN Space raises $1m Series A funding from Maroc Numeric Fund II for expansion
Published: 04-11-2020 | 09:27:00 | By: Pie Kamau
Aerial vehicle Artificial Intelligence startup ATLAN Space has raised $1m Series A funding from Maroc Numeric Fund II with participation from Hilmi Law Firm and Cadex Group, for business expansion.


Nigerian CcHUB acquires Kenyan edTech startup eLimu
Published: 04-11-2020 | 08:46:00 | By: Pie Kamau
Kenya’s technology Incubation and Accelerator space iHub owned by Co-creation Hub (CcHUB) has announced the acquisition of edtech startup and digital educational content provider eLimu.


Imperial partners with Kenyan logistic startup Lori Systems to expand e-logistics technology solutions across Africa
Published: 04-11-2020 | 08:37:29 | By: Pie Kamau
Imperial, an African and European-focused provider of integrated market access and logistics solutions, announced an investment in and partnership with Lori Systems to expand its cutting-edge e-logistics technology solutions across Africa.


Nigerian rental financing startup Kwaba secures funding from Ingressive Capital for expansion
Published: 03-11-2020 | 15:42:27 | By: Pie Kamau
Ingressive Capital, a $10 million VC fund targeting early-stage startups across Sub-Saharan Africa, announced its investment in Nigerian rental financing startup Kwaba.


German startup 4tiitoo launches NUIA Full Focus, smart software for natural eye contact in video calls
Published: 03-11-2020 | 12:47:00 | By: Pie Kamau
Munich-based startup 4tiitoo (forty two), which specializes in gaze control of computers, launched NUIA Full Focus, a software that creates natural eye contact with conversation partners in video calls intelligently and without artificial image adjustments.


Procter & Gamble Ventures brings Innovation Challenge online for CES 2021
Published: 03-11-2020 | 12:22:00 | By: Pie Kamau
Following the success of its first-ever Virtual Innovation Challenge in June, P&G Ventures, the early-stage startup studio within P&G, is now accepting submissions for its next virtual pitch competition.


Cleantech startup Skeleton Technologies joins European Clean Hydrogen Alliance
Published: 03-11-2020 | 11:57:00 | By: Pie Kamau
Estonian cleantech startup Skeleton Technologies has joined the European Clean Hydrogen Alliance, an initiative of European stakeholders who want to engage and contribute to the deployment of renewable and low-carbon hydrogen.


Estonian cleantech startup Skeleton Technologies raises €41.3m from European entrepreneurs
Published: 03-11-2020 | 11:24:00 | By: Pie Kamau
Skeleton Technologies, global cleantech 100 company and largest European manufacturer of ultracapacitor-based energy storage, has completed a €41.3 million financing round.


[Startup Interview] Joris van Lierop, founder, The Content Exchange, Netherlands
Published: 03-11-2020 | 06:37:00 | By: Bob Koigi
The Content Exchange is a Dutch startup that targets editors, publishers and freelancers by offering them a content market place where they can do business with each other directly. The startup’s founder Joris van Lierop explains.


Next-generation consumer products startup The Naked Market closes $6m seed funding round
Published: 02-11-2020 | 15:51:00 | By: Pie Kamau
The Naked Market, San Francisco-based CPG brand, has closed $6 million seed funding round, with participation from several investors.


Fintech startup ORSNN launches whole-loan trading platform to beta
Published: 02-11-2020 | 15:33:00 | By: Pie Kamau
ORSNN, a fintech startup that builds end-to-end solutions for managing and trading loan portfolios, launched a private beta platform that provides financial institutions with a low-cost, transparent, and automated loan-trading system.


Nestlé USA acquires food delivery startup Freshly
Published: 02-11-2020 | 15:11:00 | By: Pie Kamau
Nestlé announced it has acquired food delivery startup Freshly, fresh-prepared meal delivery services in the U.S. The deal values Freshly at $950 million, with potential earnouts up to $550 million contingent to the successful growth of the business.


MENA healthtech startup Vezeeta expands into Kenya
Published: 02-11-2020 | 14:45:00 | By: Pie Kamau
Middle East and North Africa (MENA) healthtech startup Vezeeta has expanded its footprint into Kenya by launching a platform that will enable Kenyans access doctors from their smart phones.


Finish startup ICEYE raises $87m to accelerate growth of its SAR satellite constellation
Published: 22-09-2020 | 14:28:00 | By: Pie Kamau
ICEYE, a SAR data provider, announced the closing of a larger than planned $87 million Series C funding, led by return investor True Ventures, with a significant additional investment by OTB Ventures.


Chromologics raises €1.9m seed round to accelerate development of fermentation-derived next generation food colorants
Published: 01-09-2020 | 17:19:00 | By: Pie Kamau
Chromologics, which is developing innovative natural food colorants, announced it has raised €1.9 million in seed financing led by Novo Seeds and supported by Nordic FoodTech VC and Vækstfonden.