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Increased venture capital investment bolsters women's health startups, report
Despite ongoing economic headwinds and a pressured venture fundraising environment, investment in startup companies addressing women's health is on the rise.
Kuramo Capital to invest $150m in women-led startups in Africa
Kuramo Capital Management has announced plans to invest $150m in female-led enterprises.
Shakti Ventures dives into femtech sector to elevate women's health
Shakti Ventures is on a mission to invest in revolutionary startups within the femtech industry.
Nevia Bio completes $3m seed round to build a platform for early detection of women-related diseases
Nevia Bio has completed $3.1m seed round.
Visana Health raises $10.1m seed round to bring comprehensive virtual healthcare to women
Visana Health announced the close of $10.1 million in seed funding.
World Bank awards 10 Southern African fintech startups with $5k each
10 Southern African fintech startups have each received $5,000 from the World Bank.
Seedstars launches FIWAM program to boost financial inclusion for women migrants
Seedstars has launched a program to promote financial inclusion for women.
SEI appoints Sneha Shah as Head of New Business Ventures
SEI has announced the appointment of Sneha Shah as an Executive Vice President and Head of New Business Ventures.
[Column] Joanne Mwangi – Yelbert: Entice more women in tech to bridge skills gap and bolster growth
Incredible improvements in tech are rapidly reshaping our world.
IDC Ventures appoints Jaclyn Baumgarten as Managing Partner to spearhead US expansion
IDC Ventures (IDCV), announced the appointment of Jaclyn Baumgarten as a Miami-based Managing Partner and the head of its US operations.
Fertility treatments aren't just for the 1%, Sunfish
Sunfish, a fintech company founded last year, aims to make fertility treatments more accessible and has recently designed a new product to help reduce the cost of In Vitro Fertilization (IVF).
[Column] Imane Charioui: Addressing the gender gap in the technology sector
Today, innovations in the financial services sector are increasingly recognized for their acceleration of access to science, technology and innovation for all.
Recast Capital launches Recast Accelerate, a program supporting early-stage, women-led venture funds
Recast Capital has launched Recast Accelerate, a catalytic program to drive the success of women-led, early stage US funds in venture capital.
[Interview] Julie Davila, VP Global Field CTO Operations, Sophos
Cybersecurity has become one of the biggest global challenges facing businesses around the world. The industry is always shifting as new technological innovations emerge and modify firms’ security practices drawing in a more diverse group of professionals, including women.
[Column] Darryl Pietersen: Improving innovation and technology for gender equality in Ghana
The digital revolution is fully underway, and the technology industry is reshaping our world. While it looks quite innovative and revolutionary from the outside, women remain a dramatically underrepresented group.
To stay competitive, startups must combat gender diversity debt, study
Entrepreneurship is booming, but women are underrepresented among its founders, investors and employees. A recent study investigates entrepreneurship's gender "diversity debt," a demographic disparity that can be difficult and costly to remedy.
Google opens new accelerator program for women founders in Africa
Google has announced an accelerator program aimed at providing resources and opportunities for women founders in Africa.
TBD Health raises $4.4m seed round to expand its hybrid sexual healthcare offerings
TBD Health, a sexual healthcare provider revolutionizing the medical landscape through unparalleled digital and in-person clinical care, announced a $4.4 million seed round.
Herself healthtech startup raises $7m funding, opens first clinic to transform advanced primary care for women
Herself Health, a healthcare technology company designed to deliver advanced primary care to women over 65, received $7million seed round funding led by founding partner Juxtapose.
Italian biotech startup Diamante closes €595K seed round to accelerate growth
Diamante, a female-led Italian biotechnology company focused on the use of plants for producing high value-added molecules, closes €595K as a second seed round led by Arieli Capital.
Mendoza Ventures closes $100m early growth fintech fund anchored by Bank of America
Mendoza Ventures, a Latinx-founded Fintech, AI, and Cybersecurity Venture Capital firm, has achieved a first close on its third fund.
For women entrepreneurs, the West is the new promised land, report
America's original Westward Expansion was led by entrepreneurs of the day noticing great economic opportunities out of the West. A study by MerchantMaverick.com shows that a new slew of opportunities are appearing in Western states for women entrepreneurs.
New York-based skincare startup Glowbar closes $10m growth capital
Glowbar, the skincare brand whose custom 30-min, $65, clinical-grade facial has made it a breakout success in New York, announced it has received a $10 million growth investment led by Peterson Partners
Visa announces grant to help African women fund managers grow their businesses
Visa has announced a grant towards the African Women Impact Fund (AWIF), a collaboration between Standard Bank and the United Nations Economic Commission for Africa (UNECA).
AWARD selects 50 African women for fellowship on improving policy in the agri-food systems
Inspired by the flagship AWARD Fellowship Model, the Gender Responsive Agriculture Systems Policy (GRASP) Fellowship, aims to grow a pool of confident and capable African women to lead policy changes to improve African smallholders’ livelihoods.
Rutgers MBA alumna Hannah Redmond realizes dream of being an entrepreneur as venture takes off
Hannah Redmond kept retrieving lessons from her MBA classes at Rutgers Business School as she built her startup, Happy Box, from an idea to a ranking on Inc.'s list of fastest-growing companies.
Girls in Tech Startup Challenge 2022 now open for female entrepreneurs
Girls in Tech, a global nonprofit working to erase the gender gap in tech, has launched the Girls in Tech Startup Challenge 2022, the organization's signature entrepreneurship pitch competition.
Meet female scientists who develop cellular and gene therapies in China, Jiang and Zhang
Inside Namtai Inno Park in Guangming District hides a low-profile biomedical development firm; Shenzhen Wingor Biotechnology company.
Reproductive tech startup Inti Labs sets sights on global infertility trend
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.
Online dating startup for Black women CarpeDM closes $1m oversubscribed pre-seed round
CarpeDM, a Techstars portfolio company, announced the closing of its oversubscribed pre-seed financing round bringing total capital raised by the early stage startup to $1.054 million.
Africa's gender equal tech VC fund Janngo Capital reaches first close of its €60m fund
Janngo Capital Startup Fund (JCSF) has announced its first close at €34 million in capital commitments, to invest 50% of its proceeds in companies founded, co-founded, or benefiting women.
SheMatters raises $1.5m seed funding to address medical neglect and Black maternal morbidity in the U.S.
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.
Web3 digital identity startup Unstoppable Domains raises $65m Series A funding at $1b valuation
Unstoppable Domains, the platform for Web3 digital identity with more than 2.5 million registered NFT domains, announced it has closed $65 million in Series A funding at a $1 billion valuation.
London-based startup Geomiq raises $8.5m to digitize manufacturing and deliver industry leading service levels
London-based startup Geomiq announced it has raised $8.5 million funding to digitize global manufacturing and deliver industry leading service levels for Engineers and Procurement teams.
Web3 startup Book Token launches eBooks on Chain, sells $100K worth of eBooks
Dallas-based startup, Book Token (Booktoken.io), has brought books to the blockchain with the launch of its first eBook, the Gutenberg Bible - in recognition of the printing press technology created by Johannes Gutenberg.
Olympus Innovation Ventures backs endoscopy video and AI startup Virgo
Olympus announced that the company's venture capital fund, Olympus Innovation Ventures, completed its first investment, participating in the Series A financing of Virgo Surgical Video Solutions (Virgo) of Carlsbad, California.
Globant's Be Kind Tech Fund invests in ping voice technology platform to help get drivers home safely
Globant, a digitally native company focused on reinventing businesses through innovative technology solutions, announced that its Be Kind Tech Fund has invested in ping, a U.S.-based voice platform company.
Cryptocurrency startup Coinfeeds raises $2m seed round, launches Web3 community monitoring app
Coinfeeds announced that it has raised a $2 million seed round led by FTX Ventures, Coinbase Ventures, Protocol Labs (IPFS / Filecoin), Huobi Ventures, and startup accelerator Y Combinator.
Immigrants have started more than half of America's billion-dollar startup companies, study
Immigrants have started more than half (319 of 582, or 55%) of America's startup companies valued at $1 billion or more, according to a new study from the National Foundation for American Policy (NFAP), a nonpartisan research organization.
Mymee acquires Berlin-based healthtech startup Breakthrough Health to scale growth
Mymee, the provider of specialized care and support for people with significant symptoms associated with autoimmune disease and long COVID, has acquired Berlin-based Breakthrough Health, the creator of the #1 mobile app Emilyn for people with multiple sclerosis (MS).
Fintech startup CoinFlip raises $1m initiative to support emerging Web 3.0 startups
CoinFlip, a fintech company powered by cryptocurrency, announced the launch of CoinFlip Ventures, a new initiative that will support Web 3.0 based startup companies.
Fifth Wall raises $500m climate fund to decarbonize global real estate
Fifth Wall, a venture capital firm focused on technology for the global real estate industry, has held the final close of its inaugural Climate Fund with $500 million in capital commitments.
Madrid-based Seedtag raises over €250m to scale its Contextual AI technology
Seedtag, the leader in contextual advertising in EMEA and LATAM, announced it has raised over €250 million in funding from private equity investor Advent International.
UKI2S expands fund by £37m to accelerate British innovation
The UK Innovation and Science Seed Fund (UKI2S), announced the expansion of its patient capital fund by £37 million, to boost support of British innovation.
Data security startup Sotero closes $8m seed extension funding round to accelerate growth
Sotero, the leader in revolutionary data security, announced a $8 million extension of their seed round, bringing the round to a total of $13 million.
Fintech startup Bizao raises €8m Series A funding to accelerate its footprint across Africa
Bizao, a fintech that facilitates payments for both local and international businesses operating in Africa, announced a €8 million Series A funding to accelerate its geographical footprint across the continent and invest in the design of new lines of products and services.
Omaha-based startup Workshop raises $5m to streamline internal email and communications
Workshop, a delightful platform for distributing and measuring internal email and communications, has raised $5.2 million in additional seed funding. The round was led by McCarthy Capital out of their Emerging Growth strategy.
Nigerian fintech infrastructure startup Bloc acquires payments company Orchestrate
Bloc, the Nigerian fintech infrastructure provider, has announced the acquisition of Orchestrate (previously Getwallets), a proprietary payments orchestration startup that gives businesses instant access to multiple payment providers with one integration.
Singapore-based music startup SpiderVille raises $1m pre-seed funding to accelerate Web3 music adoption
SpiderVille, a Singapore-based Web3 music startup, announced it has raised a $1 million pre-seed round from Contents Technologies, Samsung Next, and other notable angel investors.
ComplyCube partners with Capital Pilot to back high-growth startups in the UK
ComplyCube, the global verification platform, has partnered with Capital Pilot, the Startup Rating Agency, to provide state-of-the-art KYC verification for Boost Fund I, the UK's first automated high-volume startup investment fund.
German startup Lumiform closes €6.4m to boost deskless worker app
Berlin-based deskless worker platform Lumiform has closed €6.4 million Series A financing round, led by Capnamic.
Boeing, AE Industrial Partners launch second venture fund to invest in innovative aerospace and defense startups
Boeing has committed a $50 million investment in AEI HorizonX, a partnership the company established with private equity firm AE Industrial Partners to invest in transformative aerospace technologies.
Agritech startup Lumo raises $2.1m to tackle the global water insecurity crisis
Lumo, a new agritech company focused on water sustainability, announced it has raised $2.1 million in pre-seed funding and plans to allocate funds toward commercialization of its irrigation technology.
Sudanese fintech startup Bloom nabs $6.5m backed by Y Combinator, GFC and Visa
Bloom, a Sudan-based fintech that offers a high-yield savings account and adjacent digital banking services, announced it has raised a $6.5 million seed round, after an undisclosed pre-seed round last year.
Surgical Intelligence startup Theator extends Series A funding with additional $24m for a total of $39.5m
Theator, the creator of Surgical Intelligence, announced it has raised $24 million in an extension of its Series A funding round.
Cyber security startup Anvilogic raises $25m Series B funding to modernize security operations
Anvilogic, a modern security operations platform that brings a cloud-based security data lake to life, announced the company's $25 million Series B funding.
TaskHuman startup raises $20m Series B funding to expand its virtual coaching platform
TaskHuman, the 1:1 digital coaching platform, has raised $20 million in Series B funding to amplify human well-being and productivity in a digital world.
InterApp startup raises $1.2m to bring mass adoption of AR as a necessary consumer utility tool
Sacramento, CA based startup InterApp announced it has raised $1.2 million in pre-seed funding, to double down on early marketing efforts and acquire 10% of the Total Addressable Market (TAM) within 12 months.
Irish digital identity startup valid8Me secures €12.5m investment to increase headcount, accelerate growth
valid8Me, the digital identity SAAS platform, announced that Grant Thornton Ireland are investing €12.5million in the company.
AfricInvest and Cathay Innovation complete final close of €110m Pan-African venture fund
Africa’s multi-asset investment platform AfricInvest and global venture capital firm Cathay Innovation, have completed the final close of their joint Pan-African venture fund, Cathay AfricInvest Innovation Fund (CAIF), at €110 million.
South Africa’s student housing startup DigsConnect secures investment to spearhead international growth
DigsConnect.com, South Africa’s digital student accommodation platform, announced the closure of its Pre-Series A seed extension round after securing undisclosed multi-million rand investment.
Yamaha partners with Nigerian startup MAX for vehicle financing and maintenance
Moto Business Service Nigeria (MBSN), a subsidiary of Japan’s Yamaha Motor Corporation, announced a strategic partnership with Metro Africa Xpress (MAX), to finance and maintain over 50,000 vehicles over the next 2 years.
African accelerator for European scaleups Chapter54 now in full swing
Chapter54, the first accelerator dedicated to European scaleups wishing to expand into African markets, launched in January 2022 by Partech, has started to support its first batch of European scaleups.
Pan-African talent marketplace Gebeya announces new innovation to accelerate hiring freelance professionals
Gebeya, the Pan-African marketplace for freelance professional talent, announced a new innovation to accelerate a more stable, dynamic African tech talent infrastructure.
French insurtech startup Orus raises €5m to reinvent professional insurance for SMEs
Orus, the insurtech company for small businesses, announced it has raised €5 million from Frst, Partech, Portage Ventures and around twenty business angels.
HiddenLayer startup emerges from stealth mode, raises $6m seed funding to protect AI-powered products
HiddenLayer startup announced it has emerged from stealth mode to launch its flagship product, after raising $6 million in seed funding led by Ten Eleven Ventures.
D3 launches first cohort of startups to accelerate scaling of carbon dioxide removal solutions
Global climate technology accelerator Third Derivative (D3), has launched a focused cohort of five promising startups working on durable carbon dioxide removal (CDR) solutions.
Social impact fintech DreamStart Labs partners with BRAC Bank to reach unbanked women in Bangladesh
DreamStart Labs, a fintech for emerging markets, and BRAC Bank, a commercial bank in Bangladesh, have entered into an agreement to provide digital financial services to unbanked women in Bangladesh.
Novelis partners with recycling startup Sortera Alloys to recycle automotive post-production and consumer scrap
Novelis, a sustainable aluminum solutions provider and the world leader in aluminum rolling and recycling, announced a strategic partnership with Sortera Alloys, an industrial scrap metal sorting and recycling company.
Virginia-based fashion tech startup Circ raises $30m funding to expand recycle clothing, eliminate waste
The circular fashion company Circ announced over $30 million in Series B funding backed by some of the largest international apparel companies and venture capital firms.
Japanese open-source autonomous driving startup TIER IV launches $300m green autonomous driving project
TIER IV, an open-source autonomous driving startup, announced it has received a grant from the Green Innovation Fund Projects (GI Fund) for research and development of autonomous driving software platforms.
Oslo-based DevOps startup Kosli set to launch free tier for developers
Oslo-based software startup Kosli announced it will launch a free tier of its SaaS later this summer. Founded in 2019 as a compliance automation platform for regulated DevOps teams in sectors like fintech, Kosli will now offer a much broader set of use cases for developers in all industries.
Carbon Business Council launches to create a seat at the policy table for carbon management startups
The Carbon Business Council (CO2BC) has launched, to advocate for early-stage companies focused on removing, utilizing, and managing carbon dioxide.
DivInc Houston launches inaugural Women in Tech Accelerator with title sponsor SheSpace
DivInc, the premier startup accelerator for people of color and women entrepreneurs, announced the launch of its first Women in Tech Accelerator made possible through Houston title sponsor, SheSpace.
917Ventures partners with AC Ventures to explore business opportunities, grow ecosystem in Philippines
917Ventures has partnered with AC Ventures, a subsidiary of Filipino conglomerate Ayala, to explore business opportunities and grow its ecosystem.
Canvas Medical achieves ONC certification, raises $24m to power clinicians and developers scaling digital health companies
Canvas Medical, the EMR that enables clinicians and developers to power the future of care delivery, raised $24 million in Series B funding led by M13 with participation from Haystack.
Insight Partners announces Enterprise Technology Exchange to drive unparalleled innovation within the enterprise software sector
Global software investor Insight Partners announced the establishment of its Enterprise Technology Exchange, a council of preeminent technology leaders in Europe and North America.
Stori becomes Mexico's newest Unicorn after raising $150m round of financing, valuing the startup at $1.2b
Stori, a fintech company offering credit card products to Mexico's underserved population, announced a $150 million round of financing, valuing the company at $1.2 billion, achieving a "Unicorn" status.
Why you should implement cryptocurrency payments into your e-Commerce website, Remuno
Crypto is one of the biggest aspects of modern finance and technology. For businesses, this revenue stream could provide major boosts to sales numbers, with crypto payments giving customers more freedom while also bringing benefits.
The African Business Roundtable Project Preparation Masterclass Free Webinar, July 27
After discussions with a variety of advisory and investment institutions, and to further attract investment to projects, the African Business Roundtable Secretariat in association with Afreximbank has designed the “Project Preparation Masterclass”.
Lithuanian startup Elinta Charge raises €7m to accelerate EV charging solutions
AVIA Capital and LitCapital have invested €7 million in Elinta Charge, a Lithuanian developer and manufacturer of electric vehicle (EV) charging solutions, to support R&D, development of new products and further international expansion in the fast-growing e-mobility market.
London-based soccer game startup CLUB closes $3.1m seed round for the first F2P and Play-and-Earn soccer ownership game
CLUB, the independent studio behind CLUB Game, the first free-to-play (F2P), play-and-earn soccer game that allows you to create and sell your own real-player soccer club, has secured its first major round of funding.
Flagstar Bank completes third MortgageTech Accelerator program
Flagstar Bank announced it has wrapped up its third MortgageTech Accelerator program - the first and only accelerator in the United States solely dedicated to mortgage technology.
YC-backed startup Bobidi raises $5.8m to build global bug bounty platform for AI models
Bobidi, an AI model test platform, announced it has raised $5.8 million in seed funding from Y Combinator, We Ventures, Hyundai Motors Group ZER01NE, Scrum Ventures, NPE, Meta, Lotte Ventures, Atlas Pac Capital, and angel investors.
Michigan-based edtech startup Alchemie earns $1m grant for accessible learning for STEM
Alchemie, an educational technology company based in Troy, Michigan, announced it has received a prestigious one-million-dollar Small Business Innovative Research (SBIR) grant from the Department of Education's Institute of Education Sciences.
Mixed bag for U.S. startup ecosystem as market outlook remains uncertain - PitchBook, NVCA report
Despite an uncertain macroeconomic environment, US venture capital (VC) deal activity in the first half of 2022 was strong, according to the Q2 2022 PitchBook-NVCA Venture Monitor.
Israeli tech startup AI21 Labs raises $64m to change the way people read and write using artificial intelligence
AI21 Labs, an Israeli startup aiming to fundamentally change the way people read and write, announced the completion of its $64 million series B funding round, bringing the company's valuation to $664 million.
Microlearning startup Arist raises $12m to reimagine workplace learning for a new generation
Arist announced that it has raised $12 million in a Series A funding round led by pioneering growth-stage business software investor PeakSpan Capital, accompanied by Rainfall Ventures.
Austin-based startup Sumatra raises $1.5m seed round to launch real-time data platform
Sumatra, an Austin-based real-time data platform company, announced that it has secured $1.5 million in seed financing led by S3 Ventures with participation from Sentiero Ventures, Data Power Ventures, and AI Sprouts.
Ukrainian and Dutch-based startup Cloudprinter.com raises €7m seed funding to grow its global print API platform
Cloudprinter.com, the Ukrainian and Dutch-based global print API platform raised €7 missed in a seed round led by Capital Mills.
Online energy marketplace VECKTA closes $3.3m seed round to accelerate growth
VECKTA, the online energy marketplace that connects commercial and industrial energy users with capital, services, and equipment suppliers, announced it has closed a $3.3 million institutional seed round.
Magic Eden launches Magic Ventures to focus on Web3 gaming investments
Magic Eden, the destination for NFTs, announced the launch of Magic Ventures, a venture arm that will focus on investing in Web3 games.
Healthtech startup Arise raises over $4m to build inclusive eating disorder treatment and mental health support
Arise, the digital healthcare company enabling comprehensive care for eating disorders, mental health, and long-term healing, has launched after raising over $4 million in a seed funding round.
Carbon to Value Initiative announces year two startup cohort for carbontech accelerator program
The Carbon to Value Initiative (C2V Initiative), has selected eight startups for the second year of its carbontech accelerator program in partnership with Fluor Corporation, the initiative's Year Two Cohort Champion.
Canadian biotech startup Spiderwort secures $13.2m financing to accelerate clinical trials of biomaterials
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.
Cleantech startup Greener Process Systems develops modular system to capture maritime and industrial emissions
Greener Process Systems filed a series of patents that demonstrate their focus will expand to general industrial applications as well as further developments in CO2 capture, storage and re-utilization.
[Column] Patrick Ndegwa: Is 2022 the year for African startups?
Africa is the place to be if you want to discover and support new ideas. According to a Substack newsletter titled Africa: The Big Deal, the continent was the recipient of startup deals worth a combined $4.27 billion
Qiming Venture Partners closes $3.2b funds to back early and growth stage tech startups in China
China based venture capital firm Qiming Venture Partners announced the closing of $3.2 billion, including USD Fund VIII at $2.5 billion and the first closing of RMB Fund VII at $700 million.
Nigerian fintech startup CARMACHAIN hits over 80 million consumer profiles
Nigerian fintech startup CARMACHAIN announced it has hit over 80 million consumer profiles. This milestone is a major move for CARMACHAIN as it takes another step forward in realising its mission of decentralising data.
Quantitative investment firm Hidden Road raises $50m to accelerate access to traditional and digital markets
Hidden Road, the global credit network for institutional investors, announced the closing of $50 million Series A funding, led by Castle Island Ventures,
Automotive B2B marketplace APFusion raises $6.5m in series seed financing to expand its platform
APFusion, the automotive B2B marketplace and SaaS company focused on modernizing the auto salvage industry, secured $6.5 million in series seed financing bringing the company's total financing to $7 million.
Blockchain security startup BlockSec closes $8m funding round to accelerate growth
Blockchain security startup BlockSec announced the completion of $8 million seed plus round of funding, to expand its research and production team and provide the on-chain monitoring and attack interception capability.
Kenyan healthtech startup AfyaRekod launches Universal Patient Portal for worldwide health data mobility management
Kenyan-based AfyaRekod launched the fully automated Universal Patient Portal – a block-chain driven technology that will transform the face of patient care across Africa and the World.
London-based fintech startup Griffin raises $15m to become the bank fintechs can build on
Griffin, a Banking as a Service (BaaS) fintech firm, announced it has raised $15.5 million funding to launch the OS for embedded finance.
Sabre joins Plug and Play as travel and hospitality partner
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.
Medical Solutions acquires healthcare staffing tech startup Matchwell
Matchwell, the healthcare staffing solution built for today's flexible workforce, announced it has been acquired by Medical Solutions, one of the nation's largest providers of total workforce solutions serving the healthcare industry.
Israeli biotech food colorant startup Phytolon closes $14.5m funding to accelerate growth
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.
Stellar Ventures closes $23m fund for next-gen of space entrepreneurs
Stellar Ventures launched its first fund, SV Andromeda Fund LP, which recently held its final closing with over $23 million in capital commitments and the mission to invest in the future of space technology.
ING Ventures invests in OpenFin to accelerate growth across the financial industry
OpenFin, the operating system (OS) of enterprise productivity, announced it has secured a strategic investment from ING Ventures, the venture capital arm of ING.
Simplifyber secures $3.5m seed investment to reinvent how clothing is made with sustainable, advanced Manufacturing
Simplifyber, the creator of the world's first fully-molded garment and shoe uppers made directly from a cellulose-based liquid, announced the closing of a $3.5 million round of seed funding.
Verification platform ComplyCube expands startup assistance program to $50,000
Verification platform ComplyCube, has increased startup assistance to $50,000. The Startup Program supports qualifying businesses with free checks, resources, and consultancy.
Crescent fintech raises $5m pre-seed round, launches platform to help companies improve cash management
Crescent, a fintech best known for crypto-backed high yields, announced it has raised $5 million pre-seed round from strategic angels and tech founders.
Israeli fintech and capital markets startup Deshe Analytics raises $6.5m funding to expand to international markets
Israeli fintech and capital markets startup Deshe Analytics announced a $6.5 million seed funding round led by Group 11.
African fintech Flutterwave appoints Gurbhej Dhillon as new CTO
Flutterwave, Africa’s payments technology company, announced the appointment of former Goldman Sachs’ Managing Director, Gurbhej Dhillon as Chief Technology Officer (CTO).
Nigerian fintech startup Mono launches in Kenya
Mono, a Nigerian fintech startup that builds open banking infrastructure to enable access to customer financial data and bank payments for digital businesses in Africa, announced it has expanded its services to Kenya.
Climentum Capital raises €150m to invest in European early-stage tech startups attacking CO2 emissions
Climentum Capital announced it has raised €150 million for investments into European early-stage tech companies attacking CO2 emissions.
Nemetschek invests in UK-based startup SymTerra to drive digitalization in the construction industry
The Nemetschek Group, one of the software providers for the AEC/O and media & entertainment industries, announced to have invested in the UK-based startup SymTerra, a construction site communications platform.
Neomoon digital bank raises $850k in first seed capital investment round
Neomoon, the digital bank based on stablecoin which offers Latin Americans financial solutions to protect their money from devaluation and facilitate daily transactions, announced the closing of $850k first seed capital investment round.
London-based startup growth agency Tailored Brands rebrands to Ventuure to scale Series A and B startups
Startup growth agency Tailored Brands announced it is rebranding to become Ventuure, to evolve its mission to support Series A and B startups.
Dutch-based startup Backbase raises €120m in growth equity funding
Backbase, creator of the category-leading Engagement Banking platform, raised €120 million in growth equity funding from Motive Partners.
French space-tech startup Leanspace raises €6m to digitalize the space industry via the cloud
Leanspace, the company building the digital infrastructure of the space industry, announced the closing of an oversubscribed seed financing round of €6 million.
London-based invoice intelligence platform Xelix completes $5m Series A funding to accelerate growth
Invoice intelligence platform Xelix announced it has successfully completed the Series A funding round, raising $5 million.
Peterson Ventures raises $140m across Fund IV and Opportunity Fund I to double down on its core strategy
Peterson Ventures, a pre-Series A venture firm that invests across SaaS and digital commerce, announced that it has raised over $140 million in new capital for its Fund IV and Opportunity Fund I.
Bodybuilding.com partners with Retail Ecommerce Ventures to accelerate growth
Bodybuilding.com, the online fitness store, has struck a deal to partner with Retail Ecommerce Ventures (REV), a global leader in e-Commerce with a rapidly growing roster of well-known brands, to accelerate growth.
Entertainment tech startup Virtuosica launches for select artists and U.S. audiences
Entertainment tech startup Virtuosica has launched the beta version of its first product, the Virtuosica virtual concert platform.
Telehealth startup Ria Health secures $18m Series A to scale online alcohol use disorder treatment
Ria Health, a telehealth provider specializing in alcohol use disorder (AUD) treatment, announced the closing of $18 million in Series A funding
Telegraph Hill Partners raises $525m fifth fund for new life science and healthcare investments
Telegraph Hill Partners (THP), a venture capital and growth equity firm dedicated to building life science and healthcare technology businesses, announced it has closed on THP V, a new $525 million investment fund.
BII invests $20m in African mobility fintech Moove to strengthen the informal transport industry
The British International Investment (BII), the UK government’s Development Finance Institution (DFI), announced a $20 million, 4-year structured credit investment in Moove, a mobility fintech democratising access to vehicle ownership in Africa.
Lummus announces successful startup of CATOFIN PDH unit in China
Lummus Technology announced the commissioning and startup of a propane dehydrogenation (PDH) unit at Shandong Ruize Chemical Technology's complex in China.
Zing Data raises $2.4m to bring business intelligence to mobile
Zing Data, a collaborative business intelligence and visualization startup, announced it has raised $2.4 million, led by Kindred Ventures, Correlation Ventures and early backers of Amplitude and Robinhood.
Africa-focused VC firm TLcom Capital appoints Eloho Omame as Partner
TLcom, the Africa-focused venture capital firm, has appointed Eloho Omame as a Partner, bolstering its capabilities as it ramps up deployment of TIDE Africa Fund II, its new $150 million pan-African tech fund.
Community-centered lifestyle startup Saysh closes $8m Series A round to scale growth
Saysh, the community-centered lifestyle brand co-founded by Olympian Allyson Felix and her brother and business partner Wes Felix, announced a Series A round closed at $8 million.
RH Capital announces three new investments to improve women's heath
RH Capital, the women's health venture capital fund, announced three new investments to improve health outcomes for women in the US.
Maternity health startup Cayaba Care secures $12m Series A funding to expand access and services to underserved populations
Cayaba Care, a maternity health startup, announced the closing of a $12 million Series A round that will work to expand the company's footprint within underserved populations.
SVB debuts fellowship program to foster next-gen of Black, Latinx and women venture capital leaders
SVB Financial Group (SVB), financial partner of the innovation economy and parent company of Silicon Valley Bank, announced the SVB Fellows Program, a fellowship program for Black, Latinx and women professionals.
Luxury clean CBD brand Lure Life closes $750K seed funding round for expansion
Lure Life, (Lure), a luxury, joy producing CBD brand has raised $750,000 in a Seed round of funding supported by a diverse group of investors in the beauty, finance and the consumer-packaged goods sectors.
On-demand transport platform Bolt launches 2nd edition of its Women in Tech internship program in Kenya
On-demand transport platform Bolt announced it has rolled out the second edition of its Women in Tech internship program in Kenya.
26 startups selected to join African Tech Vision's 2nd mentorship program for African female founders
African Tech Vision, a non-profit-organization supporting early-stage female tech founders, has announced 26 startups that will be joining its 2nd mentorship program.
The Sister Accord Foundation launches The Sister Accord Accelerator to support female entrepreneurs
The Sister Accord Foundation announced the launch of The Sister Accord Accelerator, to help female entrepreneurs rapidly grow and scale their businesses.
Fintech startup CrowFly appoints Nita Bhatia as Chief Executive Officer
CrowFly has appointed Nita Bhatia as CEO. CrowFly is a fintech startup touting an innovative online platform that directly connects sellers of future structured settlement payments with qualified buyers.
Canadian fertility tech startup raises Series A financing round to progress AI-enabled fertility solutions
Future Fertility, a fertility technology company developing AI-enabled and non-invasive fertility solutions to optimize clinical decision making in fertility care and in vitro fertilization (IVF), announced it has successfully raised a Series A financing round.
Los Angeles-based healthtech startup Kiira Health raises $4m to transform healthcare for young women
Kiira Health, a Los Angeles-based healthcare technology company, closed a $4 million seed round led by 500 Global and Forum VC.
IFC, ADGM launch She Wins Arabia initiative to boost opportunities for women-led startups and businesses across MENA
IFC and Abu Dhabi Global Market (ADGM) launched She Wins Arabia, an initiative to help women-led startups across the MENA region, get the advice, finance, and mentorship they need to grow.
Kenyan-based Penda Health partners with femtech e-Commerce startup Kasha to ease contraceptive access for consumers
Healthcare solution provider Penda Health announced a partnership with Rwandan femtech e-Commerce startup Kasha, to enable increase access to contraceptive products via the Kasha digital platform.
SOS raises $3.4 million funding to expand smart vending and digital marketing platform
SOS, a female-founded creator and operator of interactive vending machines delivering premium products and digital content in public spaces has raised $3.4 million in funding.
Israeli femtech startup illumigyn partners with Peramare Pharmaceuticals to bring innovative gynecological imaging platform to Nigeria
illumigyn, world's first remote gynecological imaging platform, announced its new distribution agreement with Peramare Pharmaceuticals Nigeria, to deploy 5,000 Gynescopes in Nigeria by 2026.
25 African female-founded tech startups selected to join CMM PR mentorship program
Twenty-five African female-founded tech startups have been selected for the second edition of The Future is Female Mentorship Program, a PR and communications mentorship program dedicated exclusively to African female tech founders.
Boston-based startup Mombox acquires WellNested to provide full suite of postnatal care services
D2C postnatal care company, Mombox, announced its acquisition of WellNested, a Boston-based technology solution company designed to help new parents find and book quality and affordable postnatal care services.
Female-founded wellness startup House of Wise raises $2m, launches full line of organic CBD products
New female-founded CBD brand House of Wise announced a $2 million seed funding round to improve the lives of women everywhere through community, content, and trustworthy CBD products.
Women's wellness startup Kindra raises $4.5m seed round to drive continued growth and expansion
Kindra, a modern wellness brand for menopause essentials, announced it closed a $4.5 million seed funding round. The new capital will be used to drive the continued growth and expansion of Kindra.
Africa's e-logistics startup Lori Systems appoints Uche Ogboi as new CEO
Lori Systems, Africa's e-logistics platform has announced the appointment of Uche Ogboi as its new Chief Executive Officer effective July 1 2021.
The nexus between gender-responsive research and agricultural productivity in Africa
Smallholder farmers across Africa are looking to science to boost farm productivity and to tackle emerging threats, partiuclarly with regards to climate change and pandemics as demonstrated by COVID-19, the report further noted.
Synchrony commits $15m to early stage Black, Latinx and female venture capital funds
Synchrony, a consumer financial services company announced it will commit $15 million to venture capital funds led by Black, Latinx, and female investing partners.
Five women-led tech startups awarded $10k funding by Standard Chartered Women in Tech Incubator in Kenya
The Standard Chartered Bank has awarded 5 women-led businesses with KES 1,000,000 each. The businesses were picked from the 4th cohort of the Standard Chartered Bank Women in Tech incubation program.
Mastercard invests in Rwandan femtech e-Commerce startup Kasha Global
Mastercard announced a new investment in Rwandan female-focused e-Commerce platform Kasha Global, to continue shared efforts to ensure women across emerging markets have essential access to health.
Virtual hospitality startup Vin Social announces launch of equity crowdfunding campaign
Virtual hospitality startup Vin Social announced its first-ever equity crowdfunding campaign in partnership with Wefunder and the Arora Project.
Healthy Pleasure launches Amboy Street Ventures dedicated to sexual health & women's healthtech startups
Healthy Pleasure Group (HPG), announced the launch of Amboy Street Ventures (ASV), the world's first venture capital fund currently in the market focused on Sexual Health (for all genders) and Women's Health Technology startups.
Nigerian fintech startup Team Apt launches internship program to support women in tech
Nigerian fintech startup Team Apt has launched an internship program to support women in Technology. The program will run for six months providing a platform for young women to grow their skills.
IFC invests in Savannah Fund to support Africa’s tech startups funding growth
IFC announced an investment in the Savannah Fund, a technology seed fund in Africa, to increase lending to startups across sub-Saharan Africa with a focus on supporting women entrepreneurs and disruptive companies in high-growth sectors.
Investing in mentorship to inspire women in agribusiness
Jolenta Joseph, a Tanzania entrepreneur has built her business tackling malnutrition, an endemic problem in Tanzania, thanks in part to the support she has received since winning the 2020 SUN Pitch Competition.
Femtech startup OCON Healthcare announces last patient in phase IIa clinical study
OCON Healthcare, a women's health company, announced it had completed enrollment of its Phase IIa clinical study evaluating its intrauterine drug delivery platform IUB™ SEAD™, a non-invasive treatment for abnormal uterine bleeding (AUB).
Enygma Ventures targets Southern Africa women entrepreneurs with funding opportunities
Enygma Ventures, is looking for passionate women entrepreneurs to invest in. The venture capital fund was established by two successful women entrepreneurs who now invest in women entrepreneurs in Southern Africa.
DFC invests $1m in femtech e-commerce startup Kasha Global to support women’s health in East Africa
The U.S. International Development Finance Corporation (DFC), disbursed a $1 million equity investment in Kasha Global, an e-commerce company that provides women’s health and personal care products to customers in Rwanda and Kenya.
Women's healthtech fund SteelSky secures investment from Motley Fool Ventures
SteelSky Ventures, a women's health tech fund, announced it has received investment from Motley Fool Ventures.
Biotech Executive Elizabeth Cormier-May appointed new CEO for women's health startup Mammogen
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.
Canadian hormone tracking startup Eli raises $1.5m to reshape women's health
Eli, a company enabling women to own their fertility and health decisions with a novel hormone tracking technology, announced its $1.5 million seed round co-led by Vectr Ventures and 2048 Ventures.
Allobee secures funding to grow women-led tech platform for small businesses and startups
Allobee, a managed marketplace for small businesses and startups, has announced that it has secured $500K in a funding round led by Stargazer Ventures and a network of angel investors to further support the company's rapid growth.
Fearless Pitch announces $100,000 competition for female founders of colour
The Fearless Fund has announced the Fearless Pitch competition for women of color business owners.
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here