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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.
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.
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.
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.
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.
Contract management startup Evisort raises $100m funding to enhance customer experience, accelerate growth
Evisort, the no-code contract intelligence platform loved by legal, procurement, and sales operations teams worldwide, announced it has raised $100 million in capital.
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.
Climate tech startup Station A launches Clean Energy Grades to instantly generate financial and carbon savings
Station A, the U.S. clean energy marketplace, announced it launched Clean Energy Grades, a new product that instantly tells you the financial return of switching to clean energy.
Kenyan social commerce startup Tushop raises $3m pre-seed funding to accelerate growth
Tushop, a Kenyan social-commerce platform that enables group-buying of fast-moving consumer goods (FMCGs), announced it has raised $3 million in pre-seed funding, led by 4DX Ventures.
Europe's TIER Mobility acquires US-based Fantasmo to expand its accurate e-scooter parking system
TIER Mobility, Europe's shared micro-mobility provider, announced it has acquired Us-based Fantasmo, to further expand its most accurate e-scooter parking system and introduce a computer vision-powered rider assistance system.
Ecosystem restoration startup Lord of the Trees raises $1.25m pre-seed round to upscale environmental protection
Lord of the Trees, a full ecosystem restoration company that uses precision drone planting technology to restore degraded landscapes, announced a $1.25 million pre-seed funding round.
Mental health startup Nivati Secures $4m seed round to scale its platform
Nivati, a holistic mental health platform for employees, announced an oversubscribed seed round of $4 million led by FireBrand Ventures, with participation from Peak and Access Venture Partners.
AI-powered video commerce startup Vyrill raises $3m seed round to accelerate growth
VYRILL, a startup that enables video commerce with new, innovative 'in-video' search technology, announced the closing of a $3 million seed round of funding led by Noemis Ventures and Lightship Capital.
French insect farming startup Ÿnsect acquires Nebraska-based Jord Producers to open first mealworm farm in the US
Jord Producers, based in Nebraska, has been incorporated into Ÿnsect’s production portfolio, signifying the global leader’s entry into North American mealworm production.
Techstars partners with J.P. Morgan to invest in diverse entrepreneurs across the U.S.
Techstars announced a new accelerator program powered by J.P. Morgan that will invest more than $80 million in diverse entrepreneurs and founders across the U.S.
African fintech Flutterwave goes live in Tanzania
African fintech Flutterwave announced it has gained approval from the Bank of Tanzania (BoT) to launch its payment service in the country.
Nigerian B2B startup Kwik closes $2m Series A round to digitize informal African trade
French-Nigerian B2B startup Kwik, a fast-growing provider of SaaS logistics services to social vendors and e-commerce platforms in Africa, has announced that it successfully closed its $2 million Series A round.
Egyptian e-Sport startup Eksab raises $3m seed funding to scale its fantasy football platform
Cairo-headquartered e-Sport startup has raised $3 million seed funding round, bringing the company’s total investment to date to $3.7 million.
Vehicle financing startup Moove partners with Swvl for EV buses across the MENAP region
Egypt’s on-demand bus-hailing company Swvl, announced a new partnership with African fintech mobility startup Moove to scale Moove’s revenue-based vehicle financing model across the MENAP region.
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.
Cybersecurity startup ActZero certified as SOC 2 Type II compliant
ActZero, a cybersecurity startup that helps small and mid-sized businesses protect their organizations, announced it has been third-party certified as Service Organization Control (SOC) 2 Type II compliant.
Healthtech startup Radish announces $4m seed round to enhance access to convenient and affordable healthcare
Radish Health, a concierge healthcare platform providing convenient and affordable primary care services to municipal governments and midsize businesses, announced $4 million in seed funding.
Plug and Play Japan kicks off 3rd Smart Cities accelerator program in Osaka and Tokyo
Plug and Play Japan has selected 25 startups from Japan and overseas for their accelerator program that promotes open innovation in Smart Cities theme. From the Batch 3 program, it will expand and operate at two locations, Tokyo and Osaka.
Danish healthtech startup Qure.ai raises $40m to accelerate market expansion, support product development
Qure.ai (Qure), the healthtech firm using Artificial Intelligence (AI) for medical imaging diagnostics, announced it has secured $40 million in a funding round led by Novo Holdings and HealthQuad.
Healthtech startup Altibbi raises $44m to scale growth across the MENA region
Middle East’s AI-based digital health platform Altibbi, has raised $44 million in Series B fund funding led by Foundation Holdings, Hikma Ventures and existing investors Global Ventures and DASH Ventures.
Cambridge-based startup Sano Genetics raises $11m funding to accelerate genetic disease research
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.
Israeli data integration startup Triple Whale raises $27.7m to develop default e-Commerce operating system for Shopify brands
Triple Whale, the all-in-one operating system for Shopify brands, announced it has raised $27.7 million in an extended Series A, the company's first announced funding round since its foundation in May 2021.
Israeli tech startup Run:ai completes proof of concept with NVIDIA
Run:ai, the company simplifying AI infrastructure orchestration and management, announced details of a completed proof of concept (POC) which enables multi-cloud GPU flexibility for companies using NVIDIA GPUs in the cloud.
Neurotechnology startup Phantom Neuro secures $3.26m seed round to advance machine control technology
Phantom Neuro, a burgeoning neurotechnology startup, announced a $3.26 million funding round from leading international and U.S.-based investors.
Konza Technopolis and ASSEK sign MoU to support startups in Kenya
Konza Technopolis Development Authority (KoTDA) and the Association of Startups and SME Enablers in Kenya (ASSEK) have signed an MoU to enhance innovation and support startups in Kenya.
10 African fintech startups selected for CATAPULT: Inclusion Africa Special Dubai Edition
The LHoFT Foundation has announced the 10 African fintech startups that will take part in the special edition of CATAPULT: Inclusion Africa which will be held in Dubai, UAE.
Nigerian Big Cabal Media raises $2.3m to fuel audience growth and build new verticals
Big Cabal Media [BCM], a pan-African media company headquartered in Nigeria, has announced the close of its Seed Series fundraising round at $2.3million, led by MaC Venture Capital.
Capnamic closes $215m venture capital fund for early-stage investments in German-speaking countries
Early-stage investor Capnamic, announced its third venture capital fund of $215 million to focus on Pre-Seed to Series A investments in technology-based startups from the German-speaking region.
Kenyan fintech 4G Capital raises $18.5m Series C funding to scale lending to MSMEs
Kenyan fintech credit provider 4G Capital has raised $18.5 million in Series C funding from global private equity firm Lightrock.
Crypto exchange platform Luno launches investment arm to support fintech and crypto startups
Cryptocurrency exchange platform Luno, a subsidiary of Digital Currency Group (DCG), has launched Luno Expeditions, an early-stage investment arm to support fintech and crypto/web3 startups from around the world.
Kenyan e-Commerce startup Sokowatch raises $125m, rebrands to Wasoko
Kenyan based B2B e-Commerce startup Sokowatch has raised a $125 million Series B equity round, the largest venture financing round ever raised for a non-fintech startup in Africa.
Singapore-based Treehouse Finance raises $18m seed funding to establish a standard for DeFi analytics
Treehouse, a Web3 company transforming on-chain data into meaningful metrics to help decentralized finance (DeFi) investors make informed financial decisions, announced an $18 million seed round raise.
Swiss edtech startup Alphacruncher raises €1.45m for global rollout of research cloud workspace product
Swiss edtech startup Alphacruncher has raised €1.45 million funding from Austrian venture capital firm Alpine Equity, NGM, private investors and existing users, to enable the global rollout of its education and research cloud workspace product, Nuvolos.
Canadian healthtech startup Clinia raises $5m to power personalized pathways into every health journey
Montreal-based startup Clinia, the personalized health navigation platform, announced a $5 million CAD Seed funding round to scale the growth of its health search infrastructure across North America.
Israeli network security startup OneLayer steps out of stealth with $8.2m seed round to protect private 5G networks
OneLayer, a pioneer in securing private LTE/5G networks for enterprises, announced its launch out of stealth along with an $8.2 million seed funding round led by Grove Ventures and Viola Ventures.
Climate tech startup Cambium Carbon raises $3m seed funding to reinvent the wood supply chain, reduce carbon emissions
Cambium Carbon PBC announced a $3.2 million seed round investment led by MaC Venture Capital, supported by Soma Capital, Joe Tsai, Revolution's Rise of the Rest Seed Fund, Blue Ivy Ventures and others.
Insurance startup Asteya launches new product offering on its technology-first platform
Asteya, an income insurance technology company whose mission is to provide financial health and wellbeing by transforming the income insurance space, announced the launch of its additional product offering, Accidental Death.
Indonesia's East Ventures signs to UN PRI to create responsible and sustainable investment
East Ventures, a pioneering sector-agnostic venture capital firm in Indonesia, has officially become a UN Principles for Responsible Investment (UN PRI) signatory as part of its commitment to creating responsible and sustainable investment.
Product photo performance startup Bloom raises $1.1m seed round funding to bring generative AI to e-Commerce
Product photo performance engine Bloom announced it has raised $1.1 million at the close of its seed funding round.
Ghanaian fintech startup Dash closes $32.8m seed round to create a unified payments app for Africans
Dash, the unified and accessible payments app, announced it has raised $32.8 million in an oversubscribed seed round, one of the largest seed rounds for an African technology startup.
Nigerian mobility fintech startup Moove raises $105m series A2 round to scale growth
Mobility fintech, Moove, which provides revenue-based financing to mobility entrepreneurs across Africa, has raised $105 million in an oversubscribed Series A2 round consisting of equity and debt.
15 startups selected for Google for Startups Accelerator Africa Class 7
Google has announced the 15 African startups that have been selected for its Startups Accelerator Africa Class 7 programme. The startups are developing solutions in areas such as healthcare, education, fleet management, logistics automation and recruiting.
Danish customer support innovator Dixa acquires Miuros and Solvemate startups for $43m
Danish customer support innovator Dixa, announced the acquisitions of analytics leader Miuros, and automation pioneer Solvemate.
FirstEnergy contributes $1m to UBIZ Venture Capital to support minority businesses in Northeast Ohio
To help expand and grow minority-owned businesses in northeast Ohio, FirstEnergy announced a $1 million contribution to UBIZ Venture Capital, a small business lending program affiliated with the Urban League of Greater Cleveland.
Colombian startup Yuno raises $10m seed round to solve online payments in Latin America
Yuno, a Colombia-based startup has raised a $10 million seed round to bring to Latin American companies an easy online checkout solution that solves the pain point of managing multiple payment methods.
New Stack Ventures raises $42.6m for its second fund to invest in Silicon Valley outsiders
New Stack Ventures, an early-stage venture fund dedicated to investing in Silicon Valley outsiders, announced it has raised $42.6 million for its second fund.
African crypto startup Basqet launches payment gateway to enable businesses accept Bitcoin
African blockchain payments startup Basqet announced the launch of its cryptocurrency payments gateway which will allow businesses to accept Bitcoin and other cryptocurrencies as payment.
EV startup BasiGo flags off first electric buses in Kenya
Nairobi headquartered e-mobility startup BasiGo flagged off the first electric buses in the country for passenger use.
Smart addressing startup OkHi secures $1.5m seed funding to drive smart address verification in Africa
Smart addressing startup, OkHi, has secured a $1.5 million seed extension, bringing the total of its seed funding to $3 million. This raise is supported by notable firms and individuals who, beyond funding, bring a wealth of expertise to OkHi.
Dream VC opens applications for its VC Fellowship Program in Africa
Dream VC, a Remote Venture Capital Upskilling Institute, has opened applications for its 2022 fellowship program for VCs in Africa.
Salary on-demand startup Cadana partners with Flutterwave to expand into Nigeria
Cadana, the salary on-demand startup has expanded operations into Nigeria following a strategic partnership with Flutterwave, Africa’s leading payments technology company.
[Kenya] Applications for 5th cohort of Standard Chartered Bank's Women in Tech program open
The Standard Chartered Bank has opened applications for the 5th cohort of its Women in Tech incubator program.
Swedish travel tech startup Acamp acquires Ställpatser, prepares for European expansion
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.
London-based digital foreign exchange Currencies Direct announces £140m investment from Blackstone
Palamon Capital Partners and Corsair announced that funds managed by Blackstone have agreed to make a £140 million strategic investment in Currencies Direct.
5G Open Innovation Lab selects MetaPower to join its startup development program
MetaPower, the innovators creating the future of Intelligent Wireless Power, announced its selection as one of 12 startups newly added to the 5G Open Innovation Lab (5G OIL).
Plant-based food startup Lypid enters B2B vegan-fat market with $4m seed round to commercialize rich, juicy PhytoFat
Lypid, creator of vegan fats reported to taste and behave like animal fats, announced it has raised a $4 million seed round led by Green Generation Fund with additional support from Big Idea Ventures.
Canadian tech startup Calico secures $2.1m to revolutionize modern supply chains
Calico, the developer of the first AI-powered smart supply chain management platform, announced it has raised $2 million in seed funding. The growth financing is led by Serena Ventures following 300% growth since January 2022.
German logistics tech startup Forto raises $250m to accelerate international expansion
German logistics tech startup Forto, the provider of digitized freight forwarding and supply chain solutions, announced it has raised $250 million in a pre-emptive Series D investment round led by Disruptive.
Cybersecurity startup MindWise launches equity crowdfunding campaign on MicroVentures
Cybersecurity startup MindWise announced the launch of an equity crowdfunding campaign on MicroVentures.
Japanese SocialGood App raises $14.2m for patented crypto back platform
Japanese SocialGood App, which gives users cryptocurrency rewards for shopping, has raised $14.2 million in Series A funding from a venture capital firm.
Plug and Play launches in Nur-Sultan, Kazakhstan, in partnership with Transtelecom
Plug and Play, the world's innovation platform connecting startups, investors, and pioneering companies, has announced a new partnership with Transtelecom JSC, one of the largest communication operators in Nur-Sultan, Kazakhstan.
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.
Capricorn Digital Growth Fund closes at €84.5m to back healthtech, business 4.0 startups in Benelux, Europe
Capricorn Digital Growth Fund closes at €84.5 million to back digital health and business 4.0 startups in Benelux
On-demand delivery platform Glovo launches pitch competition for early-stage tech startups in Kenya
On-demand delivery platform Glovo has launched a pitch competition targeting early-stage tech startups in Kenya that are delivering value to SMEs.
e-Commerce startup The Host Co. raises $1.85m to revolutionize short-term rental industry
The Host Co., the first-of-its-kind digital commerce marketplace for short-term rentals, announced an oversubscribed $1.85 million seed funding round, led by HearstLab with participation from The Artemis Fund and Untapped Capital.
TDK Ventures invests in climatetech startup Divirod to advance prediction of water-related catastrophes
TDK Corporation announced that subsidiary TDK Ventures, invested in Boulder, CO-based climate-tech startup Divirod. Their sensor solution enables high-accuracy risk assessment of water levels.
South African fintechs Payflex and Merchant Capital launch cash advance solution for small retailers
Two South African fintechs, alternative lender Merchant Capital and buy-now-pay-later (BNPL) specialist Payflex, have launched a cash advance solution for small and mid-sized retail sector.
Oslo-based management startup Presail closes $1.6m seed round to revolutionize Web 3.0 investments
Oslo-based management startup Presail announced the closing of $1.6 million from a series of reputable venture capital firms and strategic angel investors.
Carrier launches venture firm to accelerate sustainable innovation and disruptive building and cold chain technology
Carrier Global Corporation, the global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, has created Carrier Ventures, a new global venture capital group.
Manufacturing technology startup OPT Industries raises $15m to address demand for novel materials design and production
OPT Industries, the manufacturing technology startup behind the InstaSwab high-efficacy medical applicator, announced it has raised $15 million in Series A financing.
Employee experience startup Whistle closes on $3.2m seed round to accelerate growth
Whistle, a new generation of employee experience platform, announced it has raised a $3.2 million seed funding round led by Dundee Venture Capital (VC). Other investors include Chicago-based M25.
South African cryptocurrency exchange VALR raises $50m Series B funding to expand across the continent
VALR.com, a South Africa cryptocurrency exchange, announced it has raised $50 million, Africa’s largest ever crypto funding round, bringing the company`s valuation at $240 million.
German investor CommerzVentures closes €300m third fund to support European fintech and insurtech startups
CommerzVentures, the specialist fintech investor, announced its third €300m fund, to go towards supporting early and growth-stage companies in the fintech and insurtech sectors.
Venture Noire partners with Remote Year to launch global accelerator program for Black and minority startups
Venture Noire, a non-profit organization dedicated to improving black quality of life through economic development, has partnered with Remote Year to expand its signature 8-week accelerator program.
Fintech platform M-KOPA secures $75m growth equity round to scale its African footprint
M-KOPA, the fintech platform that provides connected financing and digital financial services to underbanked consumers across four markets in Africa, announced its $75 million growth equity round, bringing its total equity funding to $190 million.
Energy-efficient AI semiconductor startup EdgeCortix closes over $8m Series A funding
EdgeCortix the AI-focused fabless semiconductor company, announced the closing of over $8 million in series A funding.
IronCore Labs launches program to give two years free data security tools to qualified startups
IronCore Labs, the provider of data security for modern cloud applications, announced the IronCore Labs Startup Program that gives two years of free data security tools to qualified startups.
French healthtech startup Synapse Medicine raises $28m to scale its medication reconciliation platform
France-based healthtech startup Synapse Medicine has raised $28 million led by leading European venture firm Korelya Capital, and past investors (XAnge, MACSF, and BNP Paribas Development).
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