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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3871552 | Tags:





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


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


Travel experience marketplace GetYourGuide secures $194m to accelerate global expansion
Published: 01-06-2023 | 12:56:00 | By: Pie Kamau
GetYourGuide announced the closing of $194 million in equity and credit financing.


Travel insurtech startup Faye lands $10m Series A funding
Published: 26-05-2023 | 10:48:00 | By: Pie Kamau
Travel insurance startup Faye, announced it has raised $10 million in Series A funding.


JetBlue Ventures, Plug and Play partnership yield successful outcome in travel and hospitality industry
Published: 02-05-2023 | 11:09:00 | By: Pie Kamau
JetBlue Ventures and Plug and Play Tech Center announced that their partnership has once again been successful in fostering innovation and growth in the travel industry.


Bolt announces plans to expand services in Africa with €500m investment
Published: 21-02-2023 | 10:27:00 | By: Pie Kamau
Bolt has announced plans to invest €500 million to enhance its operations across Africa over the next two years.


London-based hospitality tech startup HotelRunner snaps $6.5m investment to accelerate global growth
Published: 17-01-2023 | 14:19:00 | By: Pie Kamau
HotelRunner, the global hospitality and travel technology provider, announced the closing of $6.5 million Series A round to accelerate global growth.


Traveltech startup Evaneos raises €20m to accelerate growth in Europe
Published: 20-12-2022 | 11:16:00 | By: Pie Kamau
Evaneos, the online platform dedicated to making travel a source of positive impact, announced a €20 million equity financing round to accelerate growth in Europe.


Travel startup Wander raises $100m credit facility from Credit Suisse to scale smart vacation homes across the U.S.
Published: 01-12-2022 | 10:36:00 | By: Pie Kamau
Wander, a travel startup with a network of smart vacation homes, announced it has closed a $100 million credit facility with Zürich-based Credit Suisse, a global investment bank and financial services firm.


UK-based hospitality tech startup Journey completes £5m growth capital raise
Published: 04-11-2022 | 11:02:00 | By: Pie Kamau
Journey Hospitality has secured £5 million growth capital investment. The funds, from private equity firm Averroes Capital, will enable Journey to deliver its vision to revolutionise e-Commerce for the hospitality industry.


Early-stage travel tech startup Pinktada raises funding to accelerate expansion
Published: 18-10-2022 | 15:19:38 | By: Bob Koigi
The new sum of $975,000 includes participation from Selenean Capital, an Ireland-based fund, and of serial high net worth investors.


Amsterdam-based HolidayHero closes €500k pre-seed round to enhance guest experiences in the travel industry
Published: 12-10-2022 | 13:07:00 | By: Pie Kamau
HolidayHero announced a successful closing of €500,000 pre-seed funding round to kick off its vision of delivering proactive and personalized guest experiences in the travel industry.


London-based Claret Capital raises €297m fund to back European tech startups
Published: 31-08-2022 | 12:03:00 | By: Pie Kamau
Claret Capital, the London-based Pan-European growth capital provider, announced the final closing of Claret European Growth Capital Fund III (Fund III), to back European tech startups.


Swedish payment startup Billogram raises €15m to accelerate growth in Europe and the DACH region
Published: 31-08-2022 | 11:47:00 | By: Pie Kamau
Swedish invoicing and payment startup Billogram has raised €15 million in funding round led by Swisscom Ventures, with participation from Partech, CNI Nordic and Inbox Capital.


Healthcare startup Prolocor announces $5.2m funding from seed round and NIH SBIR grant
Published: 31-08-2022 | 11:21:00 | By: Pie Kamau
Prolocor, a healthcare startup developing an innovative precision diagnostic test with the potential to predict the risk of thrombosis by quantifying FcγRIIa on the surface of platelets, announced the closing of an oversubscribed $3.2 million seed round.


SheMatters raises $1.5m seed funding to address medical neglect and Black maternal morbidity in the U.S.
Published: 31-08-2022 | 11:09:00 | By: Pie Kamau
SheMatters, an online platform and mobile app designed to support Black women/WOC who experience postpartum comorbidities, announced the close of over $1.5 million in seed funding.


UPTIMA secures investment from Salesforce and Docusign Ventures to fuel growth and expansion
Published: 31-08-2022 | 10:56:00 | By: Pie Kamau
Uptima, a global consulting and system integration firm, announced it has received funding from Salesforce Ventures and Docusign Ventures, to continue to enhance its IP-based accelerator, Everything-to-Revenue™.


Dublin-based startup Protex AI raises $18m to protect workplace accidents
Published: 30-08-2022 | 13:51:00 | By: Pie Kamau
Dublin-based startup Protex AI has raised a total of $18 million of investment to help further grow its presence in Europe and North America, led by Notion Capital.


FMO partners with SBC AfriTech to support next generation of early-stage African tech startups
Published: 30-08-2022 | 13:28:00 | By: Pie Kamau
FMO has partnered with a pan-African tech accelerator, Startupbootcamp (SBC) AfriTech, for the third installment of the Africa Startup Initiative Accelerator Program which is designed to scout skill and scale early-stage tech startups in Africa.


South Korean animation Startup Plask releases motion capture tool to democratize 3D animation
Published: 30-08-2022 | 13:10:00 | By: Pie Kamau
Plask, a 3D animation startup has unveiled its namesake premium motion capture and animation SaaS tool that makes 3D animation more accessible than ever.


EMURGO Ventures invests in DoraHacks to scale Cardano's Web3 developer pool and dApp ecosystem
Published: 30-08-2022 | 12:56:00 | By: Pie Kamau
EMURGO Ventures, the venture arm of EMURGO, one of the founding entities of Cardano blockchain, announced an investment into DoraHacks, a Web3 hackathon organizer.


Telit acquires California-based startup Mobilogix to provide custom IoT project and solution design services
Published: 30-08-2022 | 12:46:00 | By: Pie Kamau
Telit, a global leader in the Internet of Things (IoT), announced the acquisition of group assets from Mobilogix, a California-based startup company specializing in custom IoT solutions worldwide.


Nigerian fintech startup Grey raises $2m to simplify cross-border payments across Africa
Published: 29-08-2022 | 15:08:00 | By: Pie Kamau
Nigerian fintech startup Grey has raised $2 million in seed funding to simplify cross-border payments across Africa. The seed funding round included participation from Y Combinator, Soma Capital, Heirloom Fund and other high-profile investors.


Swiss tech startup deskbird raises $5m to accelerate growth across Europe
Published: 29-08-2022 | 14:51:00 | By: Pie Kamau
deskbird, a Swiss-based tech company on its way to becoming Europe’s leading workplace management platform, announced the closing of a $5 million Pre-Series A financing round.


Copenhagen’s AI cybersecurity startup Muninn raises €2.5m seed round led by Luminar Ventures
Published: 29-08-2022 | 14:40:00 | By: Pie Kamau
AI-driven cybersecurity platform Muninn, headquartered in Copenhagen, has secured a €2.5 million seed round led by Luminar Ventures, with previous investor PreSeed Ventures (PSV) participating.


Los Angeles-based startup RentSpree raises $17.3m Series B funding to propel growth in the rental market
Published: 29-08-2022 | 14:26:00 | By: Pie Kamau
RentSpree, the industry's premier end-to-end rental management software provider, announced it has closed $17.3 million in Series B financing.


Kenyan startups raised $820m in VC funding in the first half of 2022, data
Published: 29-08-2022 | 14:12:00 | By: Pie Kamau
Kenya has secured an enviable position among the most competitive innovation and investment destinations in Africa. The country’s attractiveness has seen Big-Tech companies troop in to set shop in the capital, Nairobi.


Nigerian B2B e-Commerce startup Omnibiz raises $15m for expansion
Published: 29-08-2022 | 13:35:00 | By: Pie Kamau
Nigerian B2B e-Commerce startup Omnibiz has raised $15 million pre-Series A round ($5 million equity and $10 million debt) led by Timon Capital, Ventures Platform, Lofty Inc, Chapel Hill Denham, Chandaria Capital and Musha Ventures.


Belgian startup Magnax raises €20m for axial flux “pancake” electric motors
Published: 26-08-2022 | 14:37:00 | By: Pie Kamau
Belgium-based Magnax, technology leader in axial flux electric motors, has closed a €20 million funding round and adds two new investors; BIG Capital, who led the round, and SFPIM.


Octopus rolls out €220m to drive green power generation, backs Exagen to build UK’s largest battery
Published: 26-08-2022 | 14:24:00 | By: Pie Kamau
Octopus Energy Group launched its new renewables fund Octopus Energy Development Partnership (OEDP), as the fund makes its debut investment in renewables developer Exagen to build new green energy.


Erie Insurance launches venture capital fund to accelerate innovation
Published: 26-08-2022 | 13:47:00 | By: Pie Kamau
Erie Insurance, an auto, home, business and life insurance company based in Erie, Pennsylvania, announced the establishment of Erie Strategic Ventures to support visionary entrepreneurs.


Mobile gaming platform startup INK Games secures $18.75m Series B financing
Published: 26-08-2022 | 13:38:00 | By: Pie Kamau
INK Games (INK), an Austin-based startup building a social gaming and commerce platform, announced it has secured $18.75 million of funding through its Series B equity round.


South Korean edtech startup Day 1 Company announces plans to Dive into US
Published: 26-08-2022 | 13:28:00 | By: Pie Kamau
Korean edtech startup, Day 1 Company, announced plans to enter the U.S. market with the launch of a new product, Dive.


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.


German startup Dryad closes €10.5m Series A funding to speed up early wildfire detection technology
Published: 25-08-2022 | 11:01:00 | By: Pie Kamau
Dryad, the only provider of solar-powered environmental sensor networks for ultra-early wildfire detection and forest monitoring, has closed €10.5m in Series A funding.


Munich-based Celonis secures $1b to fight economic and supply chain challenges
Published: 25-08-2022 | 10:43:00 | By: Pie Kamau
Celonis, the global player in execution management, announced it has secured an additional $1 billion in funds to accelerate its unique position to help customers thrive in challenging economic environments.


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.


ZEBOX America selects new batch of startups to reimagine global logistics and mobility
Published: 25-08-2022 | 10:05:35 | By: Pie Kamau
International startup incubator and accelerator ZEBOX America announced a new cohort of 9 startups, marking a key milestone as the tech hub works to reimagine and revitalize the North American supply chain, logistics, mobility and Industry 4.0 sectors.


[Startup Interview] Collins Kathuli, Co-founder and CEO, Kyanda, Kenya
Published: 24-08-2022 | 15:21:37 | By: Bob Koigi
Kyanda is a Kenyan fintech startup that offers Digital Financial Services to businesses, SMEs and citizens.


[Startup Interview] Alfiya Kayumova, CEO and co-founder, Green Growth, USA
Published: 24-08-2022 | 15:16:00 | By: Bob Koigi
Green Growth is a US-based agritech startup that runs a software and hardware-based solution consisting of a set of sensors, combined in a single infrastructure.


[Startup Interview] Jelmer Van Der Linden, Co-Founder, De HardloopSchool, Netherlands
Published: 24-08-2022 | 15:11:00 | By: Bob Koigi
De HardloopSchool is a Dutch sports and fitness startup that offer physical and online classes on running by allowing learners to run wisely, efficiently and relaxed, which reduces the risk of injury and allows one to perform to their maximum potential.


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).


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


Savannah Logistics Innovation Center, Plug and Play announce first cohort of their accelerator program
Published: 22-08-2022 | 12:52:00 | By: Pie Kamau
The Savannah Logistics Innovation Center (SLIC) and Plug and Play announced the first cohort of selected startup companies chosen for their accelerator program.


Japanese healthtech startup Ubie raises $26.2m Series C funding to fuel business growth in Japan and the U.S.
Published: 22-08-2022 | 12:33:00 | By: Pie Kamau
Ubie, a Japanese healthcare AI startup with a mission to develop a healthcare guide for everyone, announced it has raised $26.2 million in the 1st round of Series C funding.


Dubai tech startup Educatly appoints LinkedIn's Executive Ali Matar to Board of Advisors
Published: 22-08-2022 | 12:11:00 | By: Pie Kamau
Dubai-based tech startup Educatly has appointed Ali Matar, Head of LinkedIn MENA and EMEA growth markets, to its Board of Advisors.


Nigerian last-mile delivery startup Kwik launches in Ibadan
Published: 22-08-2022 | 11:56:00 | By: Pie Kamau
Nigerian last-mile delivery startup Kwik Delivery announced it has officially launched its innovative and just-in-time delivery solutions to merchants, entrepreneurs, businesses, government agencies and social vendors in Ibadan.


Cherubic Ventures completes $110m Fund V, brings total committed capital to over $400m
Published: 19-08-2022 | 12:15:00 | By: Pie Kamau
Cherubic Ventures announced the successful completion of the venture capital firm's Fund V at $110 million, with a total of over $400 million in committed capital under management.


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.


Kenyan e-Logistics startup Lori Systems raises funding from Google to facilitate expansion efforts
Published: 19-08-2022 | 11:06:35 | By: Pie Kamau
Kenyan e-logistics startup Lori Systems which operates across East Africa, announced it has raised an undisclosed amount of Round B funding from Google, to facilitate the company’s expansion efforts.


Kenyan agritech startup IProcure secures $10.2m Series B funding to accelerate growth
Published: 19-08-2022 | 10:55:00 | By: Pie Kamau
iProcure, Africa’s tech and data-driven agricultural inputs supply company, announced the close of a $10.2 million Series B funding round that raised debt and equity from a diverse group of international investors.


Insurtech startup Ledgebrook raises $4.2m to provide best-in-class quoting experience to wholesale brokers
Published: 17-08-2022 | 15:28:00 | By: Pie Kamau
Ledgebrook, a Boston-based insurtech startup, announced it raised $4.2 million in seed funding to build out its operations with the goal of writing its first policies in Q4 2022.


Pomelo fintech launches with $20m seed capital
Published: 17-08-2022 | 15:16:00 | By: Pie Kamau
Pomelo announced a Series Seed of $20 million in venture capital and $50m in warehouse facility for a total of $70m in seed financing, and is the first company to combine credit and international money transfer.


Customer experience startup Hark raises >$1.5m to build a new video-focused support channel
Published: 17-08-2022 | 14:13:00 | By: Pie Kamau
Hark, a New York-based customer experience startup, has raised more than $1.5 million to launch a new, video-based customer experience channel aimed at helping companies deliver a best-in-class experience while decreasing costs.


Explo raises $12m Series A funding to build customer-facing analytics, releases self-serve onboarding
Published: 17-08-2022 | 13:45:00 | By: Pie Kamau
Explo, a customer-facing analytics solution for sharing data across any platform, announced $12 million in Series A funding, bringing the company's total amount raised to $15 million.


South African gaming startup Skrmiish secures $2.5m seed round to speed growth
Published: 17-08-2022 | 13:25:00 | By: Pie Kamau
Cape Town-based Skrmiish, a mobile “play-to-earn” app that enables gamers of every level to earn cash in every match they play across the AAA+ games they love, has raised a $2.5 million seed round to speed its global growth.


AI gaming and Esports startup Regression Games exits stealth with $4.2m seed funding from NEA and a16z
Published: 16-08-2022 | 17:25:00 | By: Pie Kamau
Regression Games, the AI gaming and esports company announced it has closed $4.2 million in seed funding led by New Enterprise Associates (NEA).


Bush Foundation invests $1.5m in Brown Venture Group to widen investment door for Black, Indigenous and Latinx entrepreneurs
Published: 16-08-2022 | 17:06:00 | By: Pie Kamau
Brown Venture Group announced it will receive an investment of up to $1.5 million from the Bush Foundation.


Budmail announces partnership with Canadian AI startup Lil Durk
Published: 16-08-2022 | 16:40:53 | By: Pie Kamau
Lil Durk (LilDurk.com), a Canadian news & technology company enhanced by AI-driven neural networks, has announced a strategic partnership agreement with Budmail, a retail-focused cannabis company.


Agya Ventures closes $32m fund to back early-stage startups shaping the future of real estate and metaverse
Published: 16-08-2022 | 16:30:00 | By: Pie Kamau
Agya Ventures, a venture capital firm focused on early-stage real estate and construction technology, announced the close of its $32 million fund ('Fund I').


Equinor Ventures joins climatetech startup incubator Greentown Labs as newest Terawatt Partner
Published: 16-08-2022 | 16:16:54 | By: Pie Kamau
Greentown Labs, the largest climatetech startup incubator in North America, announced that Equinor Ventures has joined as its newest Terawatt Partner, the highest level of partnership with the incubator and its community of climatetech startups.


Philadelphia-based startup Stimulus raises $2.5m oversubscribed seed round to help companies build better supplier relationships
Published: 15-08-2022 | 13:40:00 | By: Pie Kamau
Stimulus, a Philadelphia-based relationship intelligence (SaaS) startup in the supply chain space, raised an oversubscribed $2.5 million seed round led by Black Ops VC.


Dropbase raises $1.75m round to help import, manage, and query messy CSVs and Excel files in analytical databases
Published: 15-08-2022 | 12:50:00 | By: Pie Kamau
Dropbase, the collaborative data import and data management platform, raised a $1.75 million round led by Gradient Ventures (Google's AI-focused venture fund).


South African agritech disruptor AgriKool drives down food costs for consumers, increases profits for farmers
Published: 15-08-2022 | 12:31:00 | By: Pie Kamau
AgriKool, a South African e-trading platform, is connecting agricultural producers to buyers to facilitate the sale of products between retailers and farmers.


SaaS startup Klavi raises $15m to grow open finance solution, develop new B2B products
Published: 15-08-2022 | 12:14:00 | By: Pie Kamau
Klavi, a SaaS platform in data aggregation, analytics, and API services, who aims to empower companies with its Open Finance solutions , has just received an investment of $15 million.


Las Vegas startup Boxabl raises capital to continue disrupting the housing market
Published: 15-08-2022 | 11:56:00 | By: Pie Kamau
Las Vegas based startup Boxabl announced an undisclosed capital raise to continue disrupting the housing market.


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.


Taiwanese martech startup Wavenet raises $3m series B round to expand in Japan and North America
Published: 12-08-2022 | 12:11:00 | By: Pie Kamau
Taiwanese marketing technology (martech) startup Wavenet, announced the raise of $3 million in series B round, to expand its operations to Japan and North America, and hire more international talents to join the team.


West makes minority investment in Dublin-based vaccine and biologics startup Latch Medical
Published: 12-08-2022 | 11:49:00 | By: Pie Kamau
West Pharmaceutical Services, a global player in innovative solutions for injectable drug administration, announced it has made a strategic investment in Latch Medical, a Dublin-based startup leading in next-generation vaccine and biologics delivery technology.


Crowdfunding platforms StartEngine and Indiegogo team up to help startups raise capital from ideation to Series C
Published: 12-08-2022 | 11:35:00 | By: Pie Kamau
Crowdfunding platforms Indiegogo and StartEngine have teamed up to ensure that startups have continuous access to the capital they need.


Modern intranet startup Haystack announces Connect, a tool to foster deeper relationships among colleagues
Published: 12-08-2022 | 11:16:00 | By: Pie Kamau
Haystack, the modern intranet company making big companies feel smaller, rolled out Connect - a feature that uses first-party employee-profile data to intelligently pair employees.


T-Mobile accelerator startup Krikey brings NFT puppies to the Flow blockchain
Published: 12-08-2022 | 11:07:00 | By: Pie Kamau
Krikey, a gaming studio with more than 5 million users, announced the launch of SolarPups on the Flow blockchain.


German tech startup Cyanite announces new investors to support vision of universal music translation
Published: 10-08-2022 | 12:42:42 | By: Pie Kamau
Cyanite, a German tech company with various solutions in AI-powered music tagging and search, has closed an investment round with leading entrepreneurs from the music and technology industries.


Chinese Grand Pharma backs Dutch medtech Xeltis with €15m
Published: 10-08-2022 | 12:27:00 | By: Pie Kamau
Xeltis, a medtech company developing the most advanced polymer-based restorative cardiovascular devices, announced that a Chinese company, Grand Pharmaceutical Group, has committed to invest €15 million in equity and license fees.


Income verification startup Truework raises $50m Series C funding to accelerate growth
Published: 10-08-2022 | 12:11:00 | By: Pie Kamau
Truework, a fintech startup that provides income and employment verification for the nation's largest mortgage, auto, and consumer lenders to approve more borrowers in a fraction of the time, announced it raised $50 million in Series C funding.


Web3 infrastructure firm Fortress Blockchain Technologies announces $22.5m seed funding
Published: 10-08-2022 | 12:02:00 | By: Pie Kamau
Fortress Blockchain Technologies announced it has raised Seed funding of $22.5 million led by Ayon Capital. The round also included Soaring Investment Management, Fortress' founder Scott Purcell.


Bain Capital leads $12m seed round for scalable blockchain startup RISC Zero
Published: 10-08-2022 | 11:35:00 | By: Pie Kamau
RISC Zero announced a $12 million seed round led by Bain Capital Crypto. Follow-on investors include Geometry, D1 Ventures and Cota Capital among others.


Canadian AI startup Proto raises $5.6m Series A funding to accelerate global expansion
Published: 10-08-2022 | 10:55:00 | By: Pie Kamau
Canadian startup Proto announced it has raised $5.6 million Series A round led by Mucker Capital with participation from Yolo Investments for the global expansion of its AI Customer Experience (AICX) solutions.


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.


German space tech startup LiveEO secures €19m to bring space data insights to Industry 4.0
Published: 08-08-2022 | 10:49:00 | By: Pie Kamau
Berlin-based space tech startup LiveEO has secured €19 million in funding in what is one of the largest investments to date in Earth Observation in Europe.


Israeli AI mobility Nexar acquires Portuguese startup Veniam to open unlimited possibilities for data-rich mobility applications
Published: 08-08-2022 | 10:34:00 | By: Pie Kamau
Nexar, an AI mobility company, announced it has entered into an agreement to acquire Veniam, the provider of intelligent networking for the internet of moving things.


Kenyan mobile commerce startup Copia unveils manufacturing unit for sugar and rice production
Published: 08-08-2022 | 09:48:39 | By: Pie Kamau
Copia Global, a Kenyan-based mobile commerce platform has unveiled a new manufacturing unit to enhance its output of affordable sugar and rice to the Kenyan market.


Involta partners with tech startup HacWare to expand enterprise cybersecurity awareness services
Published: 08-08-2022 | 09:43:00 | By: Pie Kamau
Involta, a data center, hybrid IT, and cloud-forward consulting firm, announced a partnership with HacWare, an AI-driven cybersecurity awareness and training SaaS (Software-as-a-Service) product that combines threat intelligence with user behavior.


Israeli cybersecurity startup Canonic Security launches AppTotal API to streamline app-vetting for security teams
Published: 08-08-2022 | 09:31:00 | By: Pie Kamau
Canonic Security, a Tel Aviv-based cybersecurity startup providing a platform controlling third-party applications and integrations, announced the launch of the AppTotal API.


London-based VC firm Flashpoint unveils $102m close of its VCIII fund, secures first institutional investment partner
Published: 05-08-2022 | 13:40:00 | By: Pie Kamau
Flashpoint Venture Capital, an international technology investment firm announced that Széchenyi Funds signed up for a commitment of $20 million in Flashpoint’s VC III.


Venture capital firm JVP expands operations in New York, welcomes new partners and investors
Published: 05-08-2022 | 13:15:00 | By: Pie Kamau
Venture capital firm JVP announced it is expanding its activities in New York. Along with new investments in Fintech, Blockchain, Cyber, Climatech, Foodtech, and Digital Health, the fund has focused on growth.


Digital government and payments startup PayIt closes $90m growth investment fund
Published: 05-08-2022 | 12:54:00 | By: Pie Kamau
PayIt, the company modernizing interactions between governments and residents, has closed a $90 million investment from Macquarie Capital Principal Finance.


Data collaboration startup Sympatic raises pre-seed round to revolutionize zero-copy data use
Published: 05-08-2022 | 12:40:00 | By: Pie Kamau
Sympatic, a data collaboration platform that allows users to create and manage safe data sandboxes in their cloud of choice, announced it has raised a pre-seed round of funding led by Saltagen Ventures with participation from ScaleGood Fund.


Top Tier Capital Partners raises $925m to invest in its Velocity strategy
Published: 05-08-2022 | 11:55:00 | By: Pie Kamau
Top Tier Capital Partners (TTCP) announced it has closed on $925 million in new capital commitments for Top Tier Venture Velocity Fund 4 (VVF4), as well as a collection of separate accounts, one of which focuses on late-stage climate tech co-investments.


Kenyan insurtech startup Lami Technologies raises $3.7m to expand across Africa
Published: 05-08-2022 | 11:40:00 | By: Pie Kamau
Kenya-based insurtech startup Lami Technologies has raised a $ 3.7 million seed extension to expand its insurtech product across Africa.


Canadian news and technology startup startup Lil Durk raises $20m to reduce misinformation
Published: 03-08-2022 | 15:47:00 | By: Pie Kamau
Lil Durk (LilDurk.com), a Canadian news and technology startup enhanced by A.I.-driven neural networks, announced it has raised an additional $20 million in equity through a private funding round led by Alexander Elder.


Product search engine startup Vetted raises $15m to vet trustworthy product data for consumers
Published: 03-08-2022 | 15:27:00 | By: Pie Kamau
Vetted (formerly Lustre) announced the launch of its AI-powered product search engine, alongside a $14 million Series A investment round led by global software investor Insight Partners.


Boston-based crypto fund startup Triblock emerges out of stealth
Published: 03-08-2022 | 14:40:00 | By: Pie Kamau
Triblock, a Boston-based investment and advisory firm co-founded in 2019 by Matt Batsinelas and Bennett Collen, announced the startup has emerged out of stealth, after making over 20 investments while operating in stealth.


Autonomous robotics delivery startup Ottonomy closes $3.3m seed financing round
Published: 03-08-2022 | 14:15:00 | By: Pie Kamau
Ottonomy.IO, the autonomous robotics delivery startup, announced the close of its seed funding round of $3.3 million bringing its total funding to date to $4.9 million, supporting the scale of Ottobots for fully autonomous airport, retail and restaurant deliveries.


Israel Natural Gas Lines invests in monitoring infrastructure startup Prisma Photonics
Published: 03-08-2022 | 13:58:00 | By: Pie Kamau
Israel Natural Gas Lines (INGL), announced a strategic investment in Prisma Photonics, a startup that develops advanced system for monitoring critical infrastructure in real time.


VMG Catalyst closes $400m Fund II to scale commerce venture capital space
Published: 03-08-2022 | 13:43:00 | By: Pie Kamau
Venture capital firm VMG Catalyst announced the closing of Fund II at its target of $400 million, bringing the total capital raised to $650 million across both funds.


Dutch home sustainability startup Woon Duurzaam receives €2.2m financing for further scaling up
Published: 02-08-2022 | 14:43:00 | By: Pie Kamau
EIT InnoEnergy supported Woon Duurzaam has received €2.2 million in a second investment round. The money will come from new investors Oneplanetcrowd and ROM InWest, and from existing shareholders EIT InnoEnergy and DOEN Participaties.


Madrid-based healthtech startup Idoven raises €18.5m to develop its AI platform
Published: 02-08-2022 | 14:15:00 | By: Pie Kamau
Idoven, a Madrid-based healthtech startup, specialised in early detection and precision treatment of cardiovascular disease (CVD), raised €18.5 million, to continue developing its artificial intelligence (AI) platform to identify arrhythmias and cardiac anomalies.


Israeli startup Frontegg raises $40m to solve user management for B2B SaaS
Published: 02-08-2022 | 13:44:00 | By: Pie Kamau
Frontegg, the user management platform for B2B apps, announced a $40 million in series B funding co-led by Stripes and global software investor Insight Partners.


Taiwanese tech startup Cubo Ai launches new sleep sensor pad to boost AI baby monitoring system
Published: 02-08-2022 | 13:24:00 | By: Pie Kamau
To further boost the safety of newborn babies as well as the peace of mind of parents, Taiwanese tech startup Cubo Ai has launched a new product to augment its award-winning Cubo Ai Plus Smart Baby Monitor - the AI Sleep Sensor Pad.


Taiwanese startup PrecisemAb announces progress towards vision of safest antibody treatment with no side effects
Published: 02-08-2022 | 13:12:00 | By: Pie Kamau
PrecisemAb Biotech, a biotechnology research company based in Kaohsiung, Taiwan, announced it has continued to stay true to its vision of enhancing antibody drugs by reducing side effects.


Francisco-based foodtech startup Lypid partners with Louisa Coffee to bring plant based burger patties
Published: 02-08-2022 | 12:55:00 | By: Pie Kamau
Lypid, a global leader in alternative fat, announced its partnership with Louisa Coffee, the largest coffeehouse company in Taiwan, to serve juicy, meaty plant-based burger patties to over 500 shops nationwide.


Battery tech startup Britishvolt confirms UK Government funding boost for its battery cell gigaplant
Published: 01-08-2022 | 11:18:00 | By: Pie Kamau
Battery technology pioneer Britishvolt confirmed funding from the UK Government through its Automotive Transformation Fund (ATF) run by the Advanced Propulsion Centre UK following a confirmation letter.


Kenyan wealth-tech startup Ndovu partners with Tulix to empower Africa’s diaspora to invest back home
Published: 01-08-2022 | 11:04:00 | By: Pie Kamau
Africa’s wealth management platform Ndovu has announced a strategic partnership withTulix, an Antler & Catalyst Fund portfolio company.


Biotech startup Novasenta completes $40m Series A to advance novel cancer therapeutics
Published: 01-08-2022 | 10:48:00 | By: Pie Kamau
Novasenta, a biotechnology startup focused on the discovery and validation of novel targets to develop cancer therapies, today announced the completion of $40 million in Series A financing led by UPMC Enterprises.


Golden Gate Ventures announces new hires to bolster startup golden triangle growth
Published: 01-08-2022 | 09:54:47 | By: Pie Kamau
Golden Gate Ventures, a venture capital fund in Southeast Asia (SEA) founded by Silicon Valley natives, announced the expansion of its Vietnam and Indonesia teams.


Taiwanese Startup Mindtronic AI opens way to the future of mobility with Meta-Service ecosystem
Published: 01-08-2022 | 09:42:00 | By: Pie Kamau
Mindtronic AI, a Taiwan-based startup, unveiled the world's first Meta-Service, a biometric sensing technology that provides instant access to any visible object in the real world.


U.S.-based compliance startup Kompliant closes $14m seed round to accelerate growth
Published: 01-08-2022 | 09:33:00 | By: Pie Kamau
Kompliant, the U.S.-based compliance startup closed a $14 million seed round led by Level One Fund. Kompliant solves for end-to-end compliance lifecycle management through leading-edge technology and innovative workflows.


Sabre joins Plug and Play as travel and hospitality partner
Published: 08-07-2022 | 12:27:00 | By: Pie Kamau
Sabre Corporation, a software and technology company powering the global travel industry, announced its partnership with Plug and Play's Travel and Hospitality program headquartered in the heart of Silicon Valley.


Raytheon Technologies venture capital group invests in Hermeus to accelerate air travel
Published: 13-05-2022 | 11:29:00 | By: Pie Kamau
Raytheon Technologies announced a strategic investment in Hermeus Corporation, a company developing hypersonic aircraft for defense and commercial applications, through its newly established corporate venture capital group, RTX Ventures.


Radisson Hotel Group partners with Plug and Play to accelerate its innovation capabilities for future travel technologies and solutions
Published: 06-05-2022 | 09:07:00 | By: Pie Kamau
Radisson Hotel Group announced its partnership with Plug and Play's Travel & Hospitality program, to strengthen its connections with selected startups, enabling the company to accelerate its innovation.


Logistics startup Swvl acquires Volt Lines, enters European market
Published: 29-04-2022 | 13:57:00 | By: Pie Kamau
Swvl Holdings, a global provider of transformative tech-enabled mass transit solutions announced a definitive agreement to acquire Volt Lines, a Turkey-based B2B and Transport as a Service mobility business.


Swedish travel tech startup Acamp acquires Ställpatser, prepares for European expansion
Published: 09-03-2022 | 12:51:00 | By: Pie Kamau
Acamp, the Swedish marketplace connecting campers with landowners, has acquired the popular camping community app, Ställpatser, just weeks after its €2.5 million funding round.


Dutch personal travel assistant startup Origin raises over $5m funding for special, convenient travel experience
Published: 18-01-2022 | 11:37:00 | By: Pie Kamau
Amsterdam-based personal travel assistant startup Origin has raised over $5 million in funding from Project A, Cavalry Ventures and notable angels.


Luxury Travel Hackers launches equity crowdfunding campaign for their influencer-based travel startup
Published: 22-12-2021 | 14:33:03 | By: Bob Koigi
Luxury Travel Hackers (LTH) has launched their regulation crowdfunding raise via popular platform Start Engine.


Toronto-based mobility startup Treepz expands to East Africa, acquires Uganda's Ugabus
Published: 24-11-2021 | 07:40:00 | By: Pie Kamau
In a bid to digitize the public transportation system and provide safer, reliable and comfortable commute options across Africa, Toronto-based shared mobility company Treepz, announced its acquisition of a similar Ugandan bus company Ugabus.


Travel adventure startup YouTravel.Me raises $1m to strengthen its position in the US
Published: 07-09-2021 | 15:29:00 | By: Pie Kamau
YouTravel.Me, an algorithm-powered online platform for booking small group adventure travel organized by travel experts, announced it has secured $1 million in funding.


Travel blockchain startup travelBloc.ai files CO2 & flight safety patents
Published: 12-05-2021 | 11:40:00 | By: Pie Kamau
Silicon Valley travel blockchain startup travelBloc.ai reinventing travel solutions for today's tech savvy traveler, leveraging AI & Blockchain based innovation that will disrupt status quo and improve the traveler experience.


Crypto-native startup Travala.com partners with Viator, adds over 400,000 tours and activities worldwide
Published: 19-03-2021 | 12:48:00 | By: Pie Kamau
Travala.com, the blockchain-based travel booking platform, announced a strategic collaboration with Viator, a Tripadvisor company and leading resource for tours and activities worldwide.


Together-Travel startup Launchtrip raises $3.8m seed investment
Published: 18-03-2021 | 13:17:00 | By: Pie Kamau
World's first Together-Travel startup Launchtrip, announced the close of its seed investment round totaling $3.8 million, including funding raised by Axis Capital.


Startup studio 1888EC partners with Mastercard Foundation to create digital solutions for tourism sector in Ethiopia
Published: 09-02-2021 | 13:18:00 | By: Pie Kamau
Startup studio 1888EC announced a partnership with the Mastercard Foundation to create Ethiopia's first travel and leisure platform aimed at creating digital solutions and job opportunities within the contry's tourism sector.


Seattle-based traveltech startup Cabana rolls out new offerings, expands operations to California
Published: 28-01-2021 | 11:13:00 | By: Pie Kamau
Cabana, the Seattle-based traveltech startup reinventing how people travel through its fleet of luxe mobile hotels, is rolling out enhanced offerings to its customers in Seattle and soon to its newest market, Los Angeles.


Ntuple launches Korea railroad ticketing system in Google Maps
Published: 11-01-2021 | 14:30:45 | By: Bob Koigi
Ntuple, a South Korean tech startup that focuses on backend technology has announced that it launched the Korea railroad ticketing service ‘ga-G’ in Google maps.


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.


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.


FedEx invests in 200 small businesses in its grants programme
Published: 08-10-2020 | 15:06:00 | By: Bob Koigi
Global delivery services company FedEx Corp. has announced the completion of the company’s #SupportSmall Grants programme.


Swedish startup Voi steps up its safety game with next generation scooter
Published: 25-08-2020 | 15:07:30 | By: Pie Kamau
Swedish startup Voi unveiled its safest ever scooter model - Voiager 4 - the world’s first sharing scooter with indicators, allowing riders to alert other road users.


Traveltech startup Omio raises $100m to strengthen position as global travel platform
Published: 19-08-2020 | 14:40:00 | By: Pie Kamau
Omio, formerly GoEuro, Europe’s leading multi-modal travel booking platform, announced it has secured $100 million in investments from existing and new investors.


German traveltech startup Omio launches 'Open Travel Index' to navigate new travel era
Published: 19-08-2020 | 14:23:00 | By: Pie Kamau
Europe’s leading multi-modal travel booking platform Omio is reigniting travel by launching a new online resource to help travellers easily understand where they can travel to within Europe.