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HAVAÍC leads a R12 million investment in South African startup RNR
South African-born RNR provides truck fleet managers and truck OEMs (Original Equipment Manufacturers) with on-demand breakdown support.
South African logistics startup Tripplo raises $1.8m funding to scale its operations
Tripplo has closed its seed funding extension round with $1.8m equity investment.
South African payments startup Revio raises $5.2 seed round to grow coverage across Africa
Revio has announced a seed investment round of $5.2m.
Irish Tech Challenge 2023 for tech startups launches in South Africa
The Embassy of Ireland in South Africa has opened applications for the Irish Tech Challenge 2023.
[Column] Richard Shaw: AI-ready cloud - How hyperscalers empower businesses to thrive in the digital age
Cloud computing has undergone evolution.
On-demand logistics and delivery startup Picup opens driver training centres in South Africa
Picup has launched its Driver Training Centres in Cape Town.
[Column] Nchaupe Khaole: Unlocking South Africa's technology investment potential
Technology enabled businesses and the solutions they develop represent growth.
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.
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker.
How payment technology is changing the rulebook on South African retail
The past few years have seen the proliferation of new methods of transacting.
Absa acquires minority stake in South African agritech startup Khula!
Absa Bank has acquired a minority stake in South African agritech startup, Khula!
South African healthtech startup Quro Medical raises $1.3m funding from Mineworkers
Quro Medical, the South African e-health startup has received a $1.3 million investment from leading investment firm the Mineworkers Investment Company (MIC).
South African healthtech startup Guidepost unveils chatbot for diabetic patients
South African healthtech startup Guidepost has unveiled an AI-powered chatbot to help citizens living with diabetes better manage their condition.
Africa’s mezzanine debt fund manager Vantage Capital exits Dynamic Bedding
Vantage Capital, Africa’s mezzanine debt fund manager, announced it has fully exited its investment in Dynamic Bedding, a South African specialist bed manufacturer and retailer.
[Column] Marilyn Moodley: Conquering the biggest cloud adoption challenges with an effective strategy
As CIOs turn to the cloud to help streamline performance across key areas of operations, knowing exactly how to conquer the biggest cloud adoption challenges is more important than ever before.
South African healthtech startup Envisionit raises $1.65m to expand access to medical imaging
Envisionit Deep AI, a South African healthtech startup that uses AI to bridge the gap in diagnostic imaging, has raised $1.65 million to expand access to medical imaging.
[Column] Didi Onwu: Understanding youth entrepreneurship in Kenya - why fintech is an attractive sector
Boasting one of the fastest-growing economies in Africa, Kenya is on the rise to become a powerhouse of innovation on the continent. This is largely in part due to the country’s thriving culture of entrepreneurship and its significant startup ecosystem.
South African car subscription startup Planet42 raises $100m to break car accessibility barriers
South African car subscription startup Planet42 has raised $100 million in combined equity and debt funding.
[Column] Anna Collard: ChatGPT: What cybersecurity dangers lurk behind this impressive new technology?
It is now possible to use a publicly available artificial chatbot to generate a complete infection chain, possibly beginning with a spear phishing email written in entirely convincing, human-like language.
IFC, DEG, Hollard, and Yellowwoods invest in South African insurtech startup Naked to boost insurance accessibility
IFC, the German Development Finance Institution (DEG), Hollard, and Yellowwoods, jointly announced an investment in South African insurtech company Naked to expand access to insurance products.
South African grocery delivery startup Yebo Fresh raises 4.5m pre-Series A funding to fuel expansion
Yebo Fresh, a South African grocery delivery startup has raised $4.5m in a pre-series A equity funding round.
South African digital lender Lulalend raises $35m Series B funding to accelerate growth
Lulalend, a South African digital lender offering funding options for businesses. has raised $35 million in Series B funding to accelerate the growth of its loan book and bring new solutions to the market.
Climate finance trading platform Senken raises $7.5m to streamline and expand carbon markets offerings
Senken, the climate finance trading platform of on-chain carbon credits, announced it has raised $7.5 million in new funding, the most significant capital raise in its industry, led by Obvious Ventures.
Fintech enabler Ukheshe secures Series A funding to accelerate international expansion
Ukheshe International, the UK-headquartered division of digital-first, Banking as a Service (BaaS) enabler Ukheshe, announced the conclusion of an investment agreement that will help accelerate its international expansion.
South African early-stage VC firm 4Di Capital announces close of $25m seed fund
South African early-stage technology venture capital fund manager 4Di Capital has announced the close of $25 million seed fund.
Kenya, Nigeria and South Africa lead fintech growth in Africa, Mastercard
A report by payment services company Mastercard has revealed that South Africa, Nigeria and Kenya are among the most vibrant fintech markets in the continent.
South African digital identity startup iiDENTIFii raises $15m growth capital to fuel expansion across Africa
Cape Town-based digital identity startup iiDENTIFii announced it has raised $15 million in growth capital to fuel its expansion across Africa.
South African Biometrics tech firm iiDENTIFii raises $15 million growth capital
iiDENTIFii’s face authentication technology securely authenticates users via their cellphones or PCs within seconds.
South Africa's home services startup SweepSouth closes $11m investment round led by Alitheia IDF
SweepSouth, an online home services platform with a presence across Africa has completed a $11 million investment round led byAlitheia IDF (AIF), Africa’s first and largest gender-lens private equity fund.
South African agritech disruptor AgriKool drives down food costs for consumers, increases profits for farmers
AgriKool, a South African e-trading platform, is connecting agricultural producers to buyers to facilitate the sale of products between retailers and farmers.
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.
South Africa's Private equity fund PAPE acquires interest in fintech provider Entersekt
Entersekt, a global player in device identity and payment authentication, announced a new investment from PAPE Fund 3 (PAPE), a mid-market South African private equity fund.
[Interview] Michelle Matthews, Director, Viridian, South Africa
Following the rising levels of unemployment among young South Africans, the UK-South Africa Tech Hub Launch League initiative undertook a research project.
South African edtech startup FoondaMate secures $2m seed funding to accelerate growth
FoondaMate, a South African edtech startup, has secured $2 million in seed funding to increase usage of its Whatsapp and Facebook-based learning chatbot throughout the globe.
South African on-demand startup ParkUpp secures community basements for car collectors
ParkUpp, a South African marketplace startup that connects owners of parking spaces with companies and individuals who need parking has secured 'collector community basements' in convenient locations across the country.
South African gold startup Nebü Gold develops a gold bullion investment you can wear
South African gold startup Nebü Gold, is the first African jeweller to give bullion investors the option of wearing elegant 24-karat investment-grade jewellery.
South African fintech firm Hello Pay launches new mPOS device for SMEs
South African fintech firm Hello Pay has launched a new high-end Android Mobile point-of-sale solutions (mPOS) for local merchants and SMEs.
Bridgestone Mobility Solutions joins Startup Autobahn as ‘anchor partner’
Bridgestone Mobility Solutions, Bridgestone EMIA’s business unit focused on developing and launching data-driven fleet, tyre and mobility solutions, has become an “anchor partner” of Startup Autobahn, a mobility-focused innovation network.
South African tech startup SmartWage raises $2m to bridge gap between enterprises and frontline employees
SmartWage, an innovative HR and communications technology startup, raised $2 million oversubscribed seed funding round to support its vision of transforming Africa’s workforce.
TR Tech, LocoNav unveil GPS, IoT and vehicle telematics solutions in South Africa
Integrated tech-services provider TR Tech and disruptive full-stack fleet-tech startup LocoNav have collaborated in South Africa to provide state-of-the-art GPS, IoT, and Vehicle Telematics solutions.
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.
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.
South African fintech Troygold digitises R300b in Krugerrands allowing owners to use value for day-to-day transactions
South Africans have an estimated R300 billion in Krugerrands hidden in drawers and safes, unaware that they could be using the value of their gold to fund day-to-day financial transactions.
South African fintech startup Stitch raises $21m Series A funding to scale its operations
South African API fintech startup Stitch has raised a $21 million Series A funding round to scale its operations.
South African fintech Ukheshe achieves Level One B-BBEE rating
South African fintech, Ukheshe Technologies, has significantly improved its B-BBEE performance, becoming one of the only South African fintech enablers to achieve a Level One B-BBEE Contributor certification.
Docklands Ventures acquires South African proptech startup ParkUpp
Real estate investment company Docklands Ventures has acquired South African proptech startup ParkUpp for an undisclosed amount.
South African fintech startup CompariSure raises $980,000 pre-Series A funding to accelerate growth
South African fintech startup CompariSure, raised R15 million ($980,000) from Cape Town based HAVAÍC and 4Di in a pre-Series A funding round.
South African delivery startup Orderin raises $4.7m pre-Series B funding for expansion
South African B2B delivery-as-a-service (DaaS) startup Orderin has raised $4.7 million pre-Series B funding to scale its infrastructure and improve its last-mile delivery service.
[Kenya] Sankore announces pitch competition targeting blockchain startups
Nairobi-headquartered blockchain community Sankore is launching the Sankore Pitch Competition Tour (PCT) in Nairobi.
Adanian Labs opens January 2022 cohort applications for its Venture Building Program
Adanian Labs has launched the Adanian Labs Venture Building Program call for startups for 2022. The program invites applications from tech entrepreneurs for the 2022 cohort of exceptional startups to join Adanian Labs in Kenya, Tanzania, Zambia, Nigeria and South Africa.
South African fintech firm Ozow raises $48m Series B round to accelerate growth
South African fintech firm Ozow raised $48 million Series B funding round led by Chinese internet giant Tencent. Other investors Endeavor Catalyst and Endeavor Harvest Fund participating also participated in the round.
Crypto Valley Venture Capital initiates investment strategy to build blockchain accelerator for African startups
African blockchain disruptors and early-stage startups have joined CV Labs Global Incubation Program Batch 03. The African contingent of incubatees is reflective of Crypto Valley Venture Capital’s (CV VC) global investment strategy.
South Africa's emergency marketplace startup AURA secures R62m Series A funding for global expansion
AURA, the African-based security and medical response marketplace secured R62 million in a Series A funding round, led by MultiChoice Group (MCG), KLT Holdings and Buffet Investments, positioning AURA favourably for its global expansion plans.
South African fleet-tech startup KeyTec and LocoNav enter Africa's video telematics market
South Africa fleet-tech startup KeyTec has partnered with LocoNav to capture the emerging and high-growth video telematics market throughout Africa.
South African fintech startupJumo raises $120 million to expand into new African markets
The latest funding round brings JUMO’s total funding raised to date to c$200 million. Prior investment rounds have included Leapfrog, Goldman Sachs, Finnfund, Proparco, Vostok Emerging Finance and Brook Asset Management.
South Africa based fintech startup SOLMate launches prepaid debit cards for consumers
In its ongoing effort to offer clients a fully-fledged financial ecosystem in their pockets, SOLMate has further enhanced its solutions with the launch of this new generation debit card.
South African e-Health startup RecoMed concludes $1.5m funding round to scale its online healthcare marketplace
RecoMed, the online healthcare marketplace and booking platform in sub-Saharan Africa concluded a highly successful funding round of $1.5 million with a strong and diversified group of leading local and international investors.
South African fintech firm Ukheshe partners with Chipper Cash startup to accelerate rollout out of digital payment offerings
South African fintech firm Ukheshe Technologies has partnered with Chipper Cash to enhance and accelerate the rollout out of Chipper’s digital payment offerings.
South African fintech startup SOL announces rebrand with new virtual card offering
South African fintech startup SOLmate, an online payment platform that offers clients a digital wallet facility, has unveiled a new product offering together with an extensive rebrand and renewed corporate vision.
South African fintech firm Ukheshe partners with dzcard to expand digital payment solutions in Asia Pacific
South Africa“s fintech startup Ukheshe which has been on a rapid expansion to different markets has announced a new partnership with global next-generation card solutions and digital security company, dzcard.
[Startup Interview] Dylan Pfeil, Co-Founder, Business Solutions Centre, South Africa
Business Solutions Centre is a South African-based telecommunication startup that has embraced a business model of providing a one-stop shop for all digital needs of clients.
Latin American startup Wonder Brands closes $20m seed round for expansion
Wonder Brands, the company building Latin America's best portfolio of digital brands, closed $20 million in seed financing, led by ALLVP and Mountain Nazca with CoVenture and Victory Park Capital joining to close the round.
Naspers Foundry leads $8.3m Series A investment in South African insurtech startup Naked
Naspers, through its early-stage tech investment vehicle Naspers Foundry, invested $8.3 million (R120 million) in Naked, the artificial intelligence (AI)-driven insurtech startup that offers full digital insurance to cars, homes, and valuables.
South African payments startup Yoco raises $83m Series C funding to accelerate growth
South African payments startup Yoco has raised a Series C funding round of $83 million (R1.23 billion) to accelerate product development and reach more merchants in South Africa and beyond.
[Startup Interview] Dimitri Kalamoudacos,Co-founder, Entrepreneur Suite, South Africa
Entrepreneur Suite is a South African startup targeting micro retailers with an application that records valuable sales information that is then served back to the business owner as demand forecasting suggestions which are designed to provide profiting opportunities.
South African startup Omnisient raises $1.4m for global expansion
Omnisient, a secure data collaboration platform, has achieved its second raise this year totalling $1.4 million. The investments will be used to expand the Omnisient team, accelerate product development and drive international expansion.
Seven South African legal startups to pitch for €10,000 grant
The Hague Institute for Innovation of Law (HiiL) kicked off its annual global Innovating Justice Challenge in search of the region’s best justice-related social entrepreneurs in March this year.
South African fintech startup Ukheshe Technologies announces boostXB joint venture with ForexPeople
South African fintech startup, Ukheshe Technologies has partnered with ForexPeople, one of the country’s names in forex with over 20 years of experience, to seamlessly facilitate cross-border payments from South Africa into Africa.
South African delivery startup Picup introduces premium driver network for businesses
South Africa's crowdsource delivery tech startup Picup has introduced a premium service aimed at businesses that require drivers to represent their brand.
Catalyst Fund announces Circle of Corporate Innovators to accelerate startup-corporate partnerships
Global inclusive tech accelerator Catalyst Fund, managed by BFA Global, today formally announced its Circle of Corporate Innovators, with its first members, Fidelity Bank, Ecobank, Sterling Bank, Access Bank and the VFD Group.
South African biotech startup LifeQ secures $47m in Series A funding
South Africa and US-based biotech startup LifeQ secured $47 million in Series A funding from One Bio Venture Studio, a Cape Town-based VC and several other investors.
AlphaCode announces four startups taking part in the second phase of its incubate programme in South Africa
AlphaCode has announced the four fintech startups that will be part of the second phase of the AlphaCode Incubate programme.
South African fintech startup Ukheshe expands into Asia-Pacific region
South African fintech startup Ukheshe Technologies announced it will be expanding its footprint into the Asia-Pacific region as it introduces innovative digital-first payment solutions.
DBSA launches second edition of the Youth Challenge in South Africa
The Development Bank of Southern Africa (DBSA), launched the second edition of the DBSA Youth Challenge, a competition aimed at harnessing innovative solutions from young people in South Africa to help address infrastructure challenges.
CVS Health launches $100m venture fund
CVS Health announced the launch of CVS Health Ventures, a dedicated corporate venture capital fund that will invest in and partner with high-potential, early-stage companies focused on making health care more accessible, affordable, and simpler.
Fintech startup Trust Payment expands into Ireland
Trust Payment has expanded into Ireland. The payments technology group will open an office in Dublin city centre as it seeks to benefit from local talent and rapid growth in the country's Fintech sector.
i2020 Accelerator announces new investments in cancer, inflammation and neurology-focused therapeutics
i2020, an accelerator program backed by the San Diego-based venture company Torrey Pines Investment, announced multiple startup and follow-on investment rounds together with OrbiMed.
Biotech startup ResBiotic raises $3m seed round, announces leadership team
University of Alabama at Birmingham's biotech startup ResBiotic, announced a $3 million seed round to support the development and commercialization of groundbreaking probiotic formulations for lung health.
South Korean Government attracts global startups with its acceleration program K-Startup Grand Challenge 2021
Startups from around the world are now able to apply to K-Startup Grand Challenge 2021, South Korea's government-backed global acceleration program.
UN targets startups transforming food systems in new competition
The UN Food Systems Summit has announced a competition to identify the best small and medium-sized enterprises (SMEs) from across the world who are transforming food systems for a better tomorrow.
[Startup Interview] Paul Foley, CEO, CTEX Markets, UK
Some of the services it offers include trade routing, price aggregation, AI based market analysis and reporting solutions.
Lacuna Fund announces second round of funding to projects supporting Natural Language Processing technologies Across Africa
The partner organisations behind Lacuna Fund implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, announced the second cohort of supported projects.
Fintech startup Splitwise raises $20m Series A funding to accelerate global customer growth
Splitwise Inc, an interpersonal finance app for sharing expenses with friends and family, announced the raise of $20 million in Series A funding led by global venture capital and private equity firm, Insight Partners.
Logistics startup Logixboard raises $13m Series A funding to power the future of modern freight forwarding
Logixboard, the modern customer experience platform for freight forwarders, closed a $13 million investment led by Redpoint Ventures, with continued participation from Social Leverage, F-Prime Capital, Founders Co-op, Techstars Ventures, and others.
Insurtech startup Branch Insurance expands home and auto coverage to Colorado and Oklahoma States
Branch Insurance, the startup that pioneered bundling home and auto insurance online, announced its expansion to Colorado and Oklahoma States.
Israeli customer intelligence startup Affogata raises $5.5m seed funding to bring consumer's voice to customer-obsessed brands
Affogata, the customer intelligence platform enabling brands to harness data to guarantee their consumers a perfect experience, announced a $5.5 million financing round of seed funding co-led by Mangrove Capital Partners.
Danish biotech startup Adcendo raises €51m to advance novel antibody-drug conjugates for cancers treatment
Adcendo, a biotech company developing antibody-drug conjugates (ADCs) for the treatment of cancers, announced the successful closing of €51 million Series A financing to advance novel antibody-drug conjugates for treatment of cancers.
Israeli enterprise AI startup BeyondMinds joins NVIDIA Inception
BeyondMinds, the enterprise AI startup that has built the first universally applicable and easily adaptable AI platform providing production-grade AI solutions at rapid speed, announced it has joined NVIDIA Inception.
Suntory America, Runway partner to scout, engage and invest in startups
Runway Innovation Hub, a Silicon Valley innovation consulting company, announced its partnership with Suntory America, one of the world's consumer products companies.
IoT startup Hologram hires Mike Georgoff as Chief Product Officer
Hologram, a global cellular platform for IoT, announced it hired Mike Georgoff this month as its first Chief Product Officer as the organization continues its growth.
UCM Digital Health startup raises $5.5m Series A funding
UCM Digital Health, a provider of emergency telemedicine and virtual care solutions, announced it has completed a $5.5 million series A funding round led by Armory Square Ventures (ASV).
Digital fertility startup Legacy partners with Carrot Fertility to expand access to male fertility care
Legacy, the premier digital fertility clinic for men, announced a new partnership with the global fertility benefits provider for employers, Carrot Fertility.
Accenture invests in Nigerian fintech startup Okra
Accenture announced an investment, through Accenture Ventures, in Nigeria-based fintech company Okra, an open finance data infrastructure startup serving the rapidly expanding African financial services market.
Dating app startup So Syncd raises $1m seed round to grow its user base in the US
So Syncd, the dating app that matches compatible personality types, raised a seed round of $1 million to grow its user base in the US.
EventHub startup closes pre-seed round to revolutionize event sponsorship
EventHub officially closed its pre-seed round as the company prepares to scale up customer adoption of its sponsorship platform. The round was led by Pasadena Angels and Emerging Ventures from the LA area as well as Seattle-based Accellius Capital.
Detroit-based fintech startup Signal Advisors raises $16m to build end-to-end platform for independent financial advisors
Signal Advisors, a tech-enabled distributor of annuities and life insurance, announced a $10 million Series A led by General Catalyst, which closed in December 2020.
Data transformation startup Veryfi raises Series A to unlock unstructured data power
Veryfi, an AI-based data transformation platform for enterprise and technology corporations, announced a $12 million Series A financing round led by NewView Capital.
Plug and Play Korea launches in Seoul
Global innovation platform, Plug and Play, announced the launch of its new office in Seoul, Korea, to primarily focus on corporate innovation in the areas of Financial Services and Smart Cities and expects to expand to other industries in the future.
Insurtech startup Brella raises $15m Series A for national expansion of supplemental health insurance solution
Brella Insurance announced it has raised a $15 million Series A funding round led by Brewer Lane Ventures to bring Brella's modern supplemental health solution to employers nationwide.
Homebuilding startup Higharc raises $21m Series A to aid in recruiting, building out engineering functions
Higharc, the all-in-one homebuilding platform for design, sales, and construction, announced it raised $21 million in Series A funding, led by Spark Capital.
Telehealth startup PursueCare raises over $11m in Series A1, A2 financing
PursueCare, a telehealth addiction treatment startup, announced an oversubscribed $7 million Series A2 capital raise, bringing its total Series A round to north of $11 million.
Bechtel partners with climatetech startup incubator Greentown Labs to drive energy transition in Houston
Bechtel announced partnership with Greentown Labs in Houston, the city's first-ever climatetech startup incubator, to drive energy transition in Houston.
U.S.-based food tech startup Yo-Kai Express expands partnerships with Japan
While restaurants and small businesses everywhere have struggled to survive the pandemic, U.S.-based foodtech startup Yo-Kai Express (YKE) has leveraged its technology and ideas to evolve and transform its business models to broader platforms.
Kenyan e-mobility startup Ecobodaa secures funding from Persistent Energy Capital
Persistent Energy Capital announced a strategic venture building investment and partnership with Ecobodaa, a pioneer e-mobility startup, leading the revolution of the electric motorbike taxi (bodaboda) in Kenya.
Insurtech startup OKO raises $1.2m to bring innovative insurance to smallholder farmers across Africa
OKO, an insurtech startup that provides inclusive agricultural insurance to secure farmers’ income across Africa, closed a seed investment round of $1.2 million, led by Newfund and ResiliAnce.
UK-based startup Cquestr8 raises $300k seed capital to develop safe & permanent carbon sequestration solution
Cquestr8, 2020 winners of the Climate-KIC's ClimateLaunchpad "Next Big Thing" prize, has secured funding to develop their unique carbon sequestration solution, leveraging natural processes to safely lock away CO2 as stable ocean bicarbonate.
Autonomous air cargo startup MightyFly raises $5.1 million seed funding to revolutionize logistics
MightyFly, an autonomous air cargo carrier, announced it has closed $5.1 million in seed funding, including investments from 500 Startups, At One Ventures, Global Founders Capital, Graph Ventures, and Halogen Ventures.
Plug and Play launches maritime innovation platform in Antwerp, Belgium
Global innovation platform, Plug and Play, together with Founding Partners City of Antwerp, CMB, DXC Technology, Euronav, and Port of Antwerp, announced the launch of their first maritime program in Antwerp, Belgium.
Medical device startup Nanodropper completes $1.4m seed funding round
Nanodropper, a medical device company offering a first-of-its-kind eyedrop bottle adaptor that reduces eyedrop size, completed a $1.4 million seed round.
Meeting Automation startup Chili Piper gets spicy with $33m from Tiger Global
Chili Piper, the advanced routing and scheduling solution for revenue teams, announced it has raised a $33 million "Series Spicy" led by Tiger Global with participation from existing investors Base10 Partners and Gradient Ventures.
Fact.MR redefines the way startups access market research
The number one reason for startup failure isn't lack of funding or stiff competition. The main reason is 'misreading market demand'. Therefore, it becomes important for startups to thoroughly research the market.
Atlanta-based startups GROUNDFLOOR and PadSplit team up to create affordable housing
GROUNDFLOOR, a wealthtech platform that allows everyone to build wealth through real estate, and PadSplit, a mission-driven marketplace that helps solve the affordable housing crisis, are teaming up to create hundreds of new affordable housing units.
Subscription Management startup Chargebee raises $125m Series G funding to accelerate global shift to subscriptions
Chargebee, the subscription billing and revenue management platform, announced a fresh round of $125 million in series G funding, co-led by new investor Sapphire Ventures and existing investors Tiger Global and Insight Venture Partners.
Nigerian last-mile delivery startup Kwik Delivery releases Prestashop plugin
After the release of its plugins for Shopify and Magento, Kwik Delivery has released its plugin for Prestashop.
Twenty-two startups join second cohort of UNICEF StartUp Lab in Ghana
UNICEF announced the launch of the 2021 cohort of the UNICEF StartUp Lab, a co-creation space and accelerator, that engages young startups in the development of innovative, open-source, market-driven products and solutions.
New York-based startup Andela announces global engineering talent expansion
New York-based startup Andela, the global talent network that helps companies build remote engineering teams, announced the global expansion of its engineering talent.
Kenyan logistics startup Amitruck and Sky.Garden announce last mile goods pick-up and deliveries partnership
Logistics platform Amitruck and e-Commerce platform Sky.Garden have partnered to form an end-to-end digital chain for goods pick-up and deliveries to the last mile.
Grindstone accelerator programme opens applications for South African startups
Applications for this year’s Grindstone’s accelerator programme are now open. Grindstone is an equity-free structured entrepreneurship development programme that assists high-growth innovation-driven SMEs in South Africa.
InnovoEdge joins Microsoft for Startups program
InnovoEdge, an AI-powered multi-cloud and edge application orchestration company, announced it has joined the Microsoft for Startups program, which is designed to help business to business (B2B) startups scale with access to technology.
Climatetech startup Persefoni raises $9.7m in Series A funding round
Persefoni, an intelligent carbon accounting and management platform for enterprises and investors, announced it has raised $9.7 million in its Series A financing round. Rice Investment Group led the round, with participation from NGP ETP and Sallyport Investments.
Ideal Semiconductor startup announces investment from Applied Ventures
Ideal Semiconductor, a startup company that has successfully demonstrated a fundamentally new technology for energy conversion in electronic systems, announced it has received funding from Applied Ventures, LLC, the venture capital arm of Applied Materials.
Chicago-based medtech startup Neopenda announces new round of convertible note financing
Neopenda, a Chicago-based public benefit corporation, announced a new round of funding supported by Assiduity Capital and Sorenson Impact Foundation, and the CE Mark approval of its neoGuard device.
Wynden Stark acquires NYC venture-backed tech startup untapt
Wynden Stark has acquired NYC venture-backed tech startup untapt, bringing in-house a world-class team of Data Scientists and Software Engineers.
SWARM Engineering startup raises $2.7m in seed funding led by S2G Ventures and Serra Ventures
SWARM Engineering, the next generation of cognitive software for the food supply chain, announced it closed funding for a $2.7 million seed round.
Healthtech startup DignifiHealth raises $7m seed round, scaling it nationally for improved community health outcomes
DignifiHealth, a company that has integrated leading digital health technologies with its proprietary big-data intelligence platform, raised $7 million in seed funding to scale delivery of its revolutionary suite of healthcare products on a national scale.
South African digital health startup Quro Medical secures $1.1m seed funding to accelerate growth
Quro Medical, a South African digital health startup, emerged from stealth mode to announce the closure of its seed funding round to accelerate growth for Africa’s first technology-driven Hospital at Home offering.
Virtual health startup OpenLoop closes oversubscribed $3m seed round
OpenLoop, a virtual health company based in Des Moines, Iowa, announced its oversubscribed seed round financing of $3 million.
Phantom Space Corporation startup raises $5m seed funding to revolutionize space transportation
Phantom Space Corporation, a space transportation technology development and manufacturing company, announced the raise of $5 million in seed investment funding to make space commerce commonplace and to lower the barriers to space access.
Legacy startup raises $10m Series A to make male fertility services accessible to all
Legacy, the premier digital fertility clinic for men, announced $10 million in Series A fundraising led by FirstMark Capital.
Silicon Valley startup Chef Avenue crosses 1000% of its funding goal in 8 days
Chef Avenue, an inspiring startup at the forefront of the design of modernized, high-performance cookware, is currently riding the wave of a wildly successful Kickstarter campaign for its first product, Omnipan.
Finnish biotech startup Carbo Culture sets to remove 1billion tons of carbon from atmosphere by 2030
Carbo Culture, a biotech startup commercialising large-scale carbon removal, has a north star vision to remove 1 billion tons (1Gt) of carbon from the atmosphere by 2030.
Colorado-based startup Trūman Rx launches to expand access to testosterone therapy
In an effort to increase access to testosterone replacement therapy for men, Colorado-based startup Trūman Rx (Trūman) is launching an online, innovative telehealth service for testosterone replacement therapy (TRT).
EdCraft startup raises $1m pre-seed round to expand its edtech platform in the U.S.
EdCraft, an early education platform launched by former McKinsey executives, raised $1 million from a group of Silicon Valley based angels. The startup aims to equip its students, aged 6-13, with essential 21st-century skills.
Fintech startup Wage secures $5m to scale credential-less payroll data API
Wage, an infrastructure software solution that lets people seamlessly and securely share their payroll data with third parties, announced the close of $5 million in funding to scale customer acquisition and support additional payroll data partnerships.
Grow-NY startup business competition kicks off year 3
The application window for the 2021 Grow-NY million-dollar top prize business competition is now open for submissions. Grow-NY, a unique initiative which connects innovators and investors in the food, beverage and agriculture.
Plug and Play Cleveland selects six startups into the Spring 2021 Health Program
Plug and Play Cleveland has announced the selection of 6 new startups into the Spring 2021 Health Program. These startups were selected with input from Plug and Play's corporate partners.
Cincinnati startups Abre and Pay Theory partner to transform education
Abre.io (Abre), and Pay Theory announced their partnership to help them better achieve their shared mission of breaking down socioeconomic and technical barriers to education.
Chicago-based venture capital firm Starting Line closes $30m second fund to continue funding consumer startups
Starting Line, the Chicago-based venture capital firm, announced that it has closed $30 million for its second fund, dedicated to expanding access to technologies, products, and experiences for the 99 percent of Americans.
HawkEye 360 secures $55m Series C funding round to support expansion of satellite startup's infrastructure
HawkEye 360, the global commercial provider of space-based radio frequency (RF) data and analytics, announced it has secured $55 million in additional funding, bringing its total raised to over $155 million.
Energy Transition Ventures launches first venture capital fund in Texas dedicated to energy transition
Energy Transition Ventures (ETV) has launched as the first venture fund in Texas exclusively dedicated to investing in energy transition technologies.
Indian fintech startup Avanti raises $26m in Series A funding round to further invest in its digital tech platform
Indian fintech company Avanti Finance (Avanti) secured $26 million in debt and equity from Oikocredit, Bill and Melinda Gates Foundation, Nomura and the family office of Pratul Shroff.
Berkeley-based incubator Batchery announces new cohort of startups, "Batch 12"
Eleven early-stage startups have joined the Batchery's three-month Deep Dive program for entrepreneurs. The program focuses on helping startups get over their first set of growth hurdles.
Lithium-ion battery recycling and manufacturing startup Battery Resourcers raises $20m Series B funding
Battery Resourcers, a vertically integrated lithium-ion battery recycling and manufacturing company, completed a $20 million Series B equity round.
Pan-African fintech platform Appzone secures $10m Series A funding
Appzone, the Pan-African fintech software provider building proprietary solutions for the continent’s banking and payments industries, announced the close of its $10 million Series A round.
Kigali-based electric mobility startup Ampersand raises $3.5m from EIF
Kigali based electric motorcycle startup Ampersand has raised $3.5 million in funding from the Ecosystem Integrity Fund (EIF) to rapidly scale its electric motorcycle and swap station network in Rwanda.
Solar home systems startup Baobab+ raises €4m to expand in Côte d’Ivoire and Senegal
Solar home systems social enterprise startup Baobab+ has raised €4 million in financing for the expansion of its activities in Côte d’Ivoire and Senegal.
[Startup Interview] PJF Schmidt, Lucas Brosi, Marcus Luer, Urs Meier, Founders, Heroes AG, Switzerland
Heroes AG is a Swiss startup that has tapped into the underdeveloped fan merchandising sector through distribution of modern and trendy lifestyle products.
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.
LineVision startup secures $12.5m in Series B financing to scale grid enhancing technology
LineVision, the provider of non-contact overhead power line sensor solutions to monitor, optimize, and protect critical energy delivery infrastructure, announced the closing of its Series B financing round, raising $12.5 million to accelerate growth.
Empathy startup raises $13m seed round to help minimize burdens after losing a loved one
Empathy, a platform helping families navigate the journey they face after losing a loved one, announced the launch of its application on iOS and Android for users across the United States.
Cyber security startup Calamu raises $2.4m seed to pioneer auto-healing data protection
Calamu, a data protection and resiliency trailblazer, announced it has emerged from stealth after closing $2.4 million in an oversubscribed seed round.
dClimate raises $3.5m seed round to create first decentralized network for climate data
dClimate, the first decentralized network for climate data, announced the closing of an oversubscribed $3.5 Million seed financing round led by CoinFund, with participation from Multicoin Capital and Republic Labs.
Fintech startup Marquee Equity helps Qolo.io close its seed round
Marquee Equity, a fintech platform, has helped a Florida-based B2B Payments company, Qolo.io, close its seed round.
MicroAcquire's acquisition of Exitround sets new founder-friendly model for getting acquired
Entrepreneurs face thousands of obstacles in their careers. Seed money, growth, staffing - the list is endless. Some prioritize funding, leaving them bound to venture capitalists whose goals clash with theirs.
Martech startup Ziflow raises $6m in expansion funding to meet growing demand for creative collaboration
Ziflow, industry's player in creative review and approval solution for agencies and brands, announced the raise of $6 million expansion round, led by Companyon Ventures.
AI startup Oxia Palus enables first hidden masterpiece on canvas, long lost behind a Pablo Picasso
Oxia Palus, a new-age company dedicated to using artificial intelligence to resurrect the world's most important lost artwork, announced it has recreated on canvas, the first masterpiece of another era, one lost for nearly 120 years.
Omaha-based startup Workshop raises $3.5m to simplify employee communications
Workshop, a delightful platform for sharing and finding important internal information, has raised a $3.5 million seed round.
AI video game wagering startup PLLAY secures additional $1m in funding
PLLAY, a skill-based video game wagering platform, has raised an additional $1 million in funding, bringing its total to $4 million in an oversubscribed seed round.
Fintech startup ROSHI to disrupt billion dollar home loan industry in Singapore
Touted as a disrupter in financial comparison, ROSHI plans to provide Singapore with a first to market home loan marketplace, which connects customers.
Scottish hospitality software startup Stampede launches Prep Starts Now campaign to reopen, digitise and grow hospitality businesses
Stampede, the Scottish hospitality software startup announced the launch of its Prep Starts Now campaign, with support from Visit Scotland and more than ten hospitality / tech organisations.
Cannabis ERP technology platform BLAZE raises $8m in Series A funding for market expansion
BLAZE, the industry player enterprise resource planning and point of sale platform for legal cannabis, recently closed its Series A funding round at $8 million.
Grata expands seed funding round to $9.5m to accelerate growth of SMB search engine
Grata, the search engine for discovering small to middle market private companies, announced it expanded its seed round to $9.5 million.
Japanese startup Paidy raises $120m in Series D round
Paidy Inc., Japan's "Buy Now, Pay Later" (BNPL) service provider, announced it completed the Series D round of funding, raising a total of $120 million.
Innovative startup Glo brightens product line with Sesame Street characters
What began as a college senior project has led to an innovative startup company working with Sesame Workshop, the nonprofit organization behind Sesame Street, to light up lives through creativity and technology.
Spirits and technology startup Endless West secures $21m in Series B funding
Spirits and technology startup Endless West, announced it has raised $21 million in Series B funding, for a total of $33.7 million in investments to-date.
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.
HAVAÍC predicts bumper year for African tech startups
As one of South Africa’s most active Venture Capital investors, HAVAÍC says 2020 saw the commercial adoption of technology increase at unprecedented rates, as illustrated by the performance of HAVAÍC and its portfolio companies.
African startup StarNews Mobile launches incubator for South African youths interested in digital film
StarNews Mobile launched its grassroots Youth Initiative incubator in partnership with Solutions on Point to empower young individuals interested in the digital film industry in South Africa.
South African VC firm Knife Capital launches 2nd 12J Venture Capital Fund
South Africa’s VC firm Knife Capital announced the launch of its second Section 12J Venture Capital Fund to allow new investors to participate.
TransUnion partners with South Africa's fintech startup Fincheck to improve access to finance for consumers
Global information and insights company, TransUnion, has partnered with South Africa’s financial marketplace, Fincheck, to make credit application process easier and less frustrating for consumers.
The African youth powering a gaming revolution
As esports dominate modern entertainment industry as a fast growing sport, Kenya and South Africa youth continue to dominate the world of competitive video gaming.
[Startup Interview] Tony Botha, Managing Director, carbonTRACK Africa, South Africa
carbonTRACK Africa is a South Africa technology startup that seeks to create a world where energy is consumed sustainably, shared fairly and empowers all people. The ultimate goal is establishing an energy ecosystem that will close the gap between energy supply and demand.
[Startup Interview] Deon de Swardt, Co-Founder, Africa People Advisory Group, South Africa
Africa People Advisory Group is a South Africa Human Resource Advisory firm whose primary focus is to deliver consulting and product solutions to organizations operating in and across the African continent. The firm’s Co-founder Deon de Swardt explains the company’s business model and plans.
54gene, Kobo360, myFanPark, Sokowatch among 12 startups to win AppsAfrica Awards 2020
54gene, Kobo360, myFanPark and Sokowatch have been named among the 12 winners of AppsAfrica Awards 2020. The awards celebrates the best startups in mobile and tech from across Africa.
South Africa agritech startup Aerobotics raises funds for global expansion
FMO and Cathay AfricInvest Innovation have invested in Aerobotics, a South African AgriTech startup developing intelligent tools to the feed the world.
Industrial AI solutions startup MakinaRocks joins NVIDIA Inception
MakinaRocks, a startup based in Seoul and Silicon Valley, specializes in the emerging field of industrial AI software with a primary focus on anomaly detection and intelligent control technology.
South African tech startup LetMeIn.to raises R2.2m to scale its visitor and access management platform
South African tech startup LetMeIn.to raised R2.2 million in funding from an undisclosed impact investor to scale up and expand its visitor and access management platform.
South African startup myFanPark merges with Starsona to create a global celebrity engagement platform
South African startup myFanPark has announced its merger with Silicon Valley-based celebrity engagement platform Starsona.
South African fintech startup Ukheshe to acquire Oltio, strengthens partnership with Mastercard
South African fintech startup Ukheshe announced it has entered into an agreement to acquire Oltio, a mobile technology company that developed Mastercard’s QR payment service Masterpass in South Africa.
South Africa's MetroFibre Networx completes new capital raise from AIIM and STOA
African Infrastructure Investment Managers (AIIM), Africa’s infrastructure-focused private equity fund managers, has acquired a minority equity stake in MetroFibre Networx, a South African open access fibre network operator.
AI Media Group launches Africa’s first AI-focused free investment matchmaking service for African startups
The AI Media Group has launched The Deal Room, Africa’s first artificial intelligence (AI) focused, free investment matchmaking service which aims to connect African AI focused startups to interested investors and venture capitalists (VCs).
Peer-to-peer solar leasing startup Sun Exchange announces African expansion in Zimbabwe
South African peer-to-peer solar leasing startup Sun Exchange marked its official expansion into sub-Saharan Africa with the first of three crowdsales for a multiphase, 1.9 megawatt (MW) solar-plus-storage project for Nhimbe Fresh.
African startups more investible now than ever
Africa’s startups have never been more investible than now. There is a growing number of professional ‘super angels’ involved in record-breaking deals, and private equity investments have doubled since last year.
Paxful partners with African fintech startup Uhuru Wallet to ease money transfers
Crypto marketplace Paxful announced it is adding Uhuru Wallet as a payment method to its platform, to help provide easy access to the crypto economy for users in Southern Africa.
kathy ireland Worldwide expands health advocacy through partnership with tech startup mymedicalimages.com
Medical imaging technology startup mymedicalimages.com has partnered with kathy ireland Worldwide (kiWW) for a new, cutting-edge patient-centric medical image sharing platform.
Sabio Group acquires Anana to extend customer experience capability
Sabio Group has acquired customer experience solutions specialist Anana. The acquisition supports Sabio’s goal to become the leading player across the European customer experience market.
German tech startup CloudRadar launches new data center in Johannesburg, South Africa
German tech startup CloudRadar is launching its cloud-based IT-monitoring service in South Africa, ahead of further global expansion, to help ensure IT stability for regional businesses in the face of rapid, pandemic-fuelled digitisation.
Mastercard announces Fintech Express to empower Middle East and Africa fintechs to launch and expand rapidly
Mastercard has launched Fintech Express in the Middle East and Africa (MEA), a program designed to facilitate emerging fintechs’ launch and expansion.
[Startup Interview] Marthinus Coetzee, CEO, iPTT Africa, South Africa
Iptt africa (pty) Limited, a South African telecommunications startup, solves the communication problems faced by many businesses and organizations in Africa through its italkptt platform that allows businesses to communicate from anywhere in Africa to anywhere in the world. The CEO Marthinus Coetzee elaborates.
Early investors in 4IR startups set to reap rewards
Early investors in startups with exposure to the fourth industrial revolution (4IR) are benefiting from significant revenue growth despite the physical constraints introduced by governments’ responses to the Covid-19 pandemic.
Futuregrowth invests in South African online services disruptor startup SweepSouth
Futuregrowth has invested in SweepSouth, a disruptive online platform for booking, managing and paying for home cleaning, and now a variety of other services.
South African animation and gaming startup Sea Monster secures $1m funding
Animation, gaming and AR/VR company Sea Monster announced the conclusion of a $1m investment from FirstRand’s Vumela Fund.
[Startup Interview] Anton Herbst, CEO, Vincula Holdings, South Africa
Vincula Holdings, domiciled in Johannesburg South Africa, is a startup connecting employers, project sponsors, contractors, subcontractors and suppliers through a platform that also seeks to provide participants with worldwide and focused exposure to grow their market share.
Catalyst Fund announces seventh cohort of inclusive fintech startups
Catalyst Fund, the global inclusive fintech accelerator, has announced that six new fintech startups, from Nigeria, South Africa, Mexico and India are joining its existing portfolio of 31 companies.
[Startup Interview] Riaan Rautenbach, CEO, Live Fr8, South Africa
LIVE FR8™ is a South African startup that offers cargo suppliers and transporters improved and cheaper logistics services through cloud technology. Cargo suppliers and transporters connect directly.
[Startup Interview] Anton Janovsky, Founder, Giga Technology, South Africa
Giga Technology is a South African telecommunications startup involved in the manufacture and export of a host of communication technologies across Africa and Europe.
[Startup Interview] Katlego Malatji, CEO, ProjectOne Engineering, South Africa
Katlego Malatji is the CEO of ProjectOne, a South African based innovative engineering consultancy company that focuses on 4IR projects in manufacturing.
[Startup Interview] Seth Wessels, Co-Founder, Tungston Trading, South Africa
Tungston Trading based in South Africa is a business involved in the supply of cast iron range of products to the retail merchants for home improvements and plumbing.
Naspers Foundry invests R100 million in South African agri-tech startup, Aerobotics
Naspers announced a R100 million investment in agritech business Aerobotics, through its early-stage business funding initiative Naspers Foundry. Aerobotics is a subscription-based artificial intelligence (AI) company that provides intelligent tools for the agricultural industry to manage its crops.
Solar leasing startup Sun Exchange secures $3 million investment from ARCH for African market expansion
South African solar leasing startup Sun Exchange has secured a $3 million investment from ARCH Emerging Markets Partners’ Africa Renewable Power Fund (ARPF), marking the close of $4 million Series-A funding round.
Dutch firm CNBB invests in South African employee engagement solution startup, Wyzetalk
Dutch investment company CNBB Venture Partners has made a multi-million euro investment in Wyzetalk, a fast-growing digital employee engagement company.
[South Africa] Food delivery startup Zulzi raises $1.6 million to expand operations
Zulzi, a South Africa based on-demand delivery platform has bagged R30 million ($1.6 million) funding from an unnamed JSE-listed company, aimed to expand its operations.
[Startup Interview] Candace Knox, CEO, Fat Finger Technologies, South Africa
Fat Finger Technologies in South Africa offers an array of Information Technology services and solutions ranging from simple office networks to full cloud-hosted solutions to public facing networks with internet fail-over.
[Startup Interview] Razia Adam, CEO, Lwandle RNS Holdings, South Africa
Razia Adam is the founder and CEO of Lwandle RNS Holdings, a South African mining startup that has since 2015 been providing industry players digitization processes and systems in order to enable high production rates.
[Startup Interview] Daniel Greaves, CEO, Fuel to Fly, South Africa
Daniel Greaves is the founder and CEO of South Africa-based startup Fuel to Fly that offer boutique sales outreach services that are powered by advanced data analytics.
[Startup Interview] Elton Greeve, CEO, EMG Agri Solutions, South Africa
EMG Agri Solutions, a South African startup offers business planning, management consulting, strategic management, and specialized project management for agri-businesses. The focus is on providing farmers and agri-businesses with specialist advisory solutions.
[Startup Interview] Josephine Pretorius, Founder, Consolidated Marketing Services, South Africa
Josephine Pretorius is the founder and CEO of Consolidated Marketing Services, CMS, a South African startup offering marketing and PR services to clients predominantly in the energy and power infrastructure sector.
[Startup Interview] Mhlengi Ngcobo, CEO, CoffeMM, South Africa
CoffeeMM, a South African startup in the coffee business has been working with smallholder farmers in South Africa, Mozambique, Burundi and Zimbabwe to process their raw coffee for the retail market. Besides connecting them to international
[Startup Interview] Rich Cheary, CEO, PT SportSuite, South Africa
PT SportSuite is a South African company whose mission is to digitally disrupt the sporting industry’s media landscape by allowing sporting organisations to operate like commercially-minded modern media houses, while building
[Startup Interview] Lwazi Nongauza, Executive Director, BTN Mobile, South Africa
BTN Mobile is a South African digital telecommunications network that seeks to revolutionize the telecommunications landscape in the country and beyond while bridging the digital divide by making ICT services available to the underserved at a reasonable rate
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