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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3791276 | Tags:



Ugandan Agritech startup Emata raises $2.4m seed funding
Published: 14-09-2023 | 11:55:00 | By: Pie Kamau
Ugandan agritech startup Emata has raised $2.4 million in seed funding.


Ugandan women entrepreneurs grow businesses with group saving accounts
Published: 25-05-2023 | 11:00:00 | By: Bob Koigi
 For women and youth involved in fish trade at lakes Albert and Victoria in Uganda, having little to no savings is a thing of the past.


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


Insurtech startup Turaco and Airtel Money launch low-cost hospital cash insurance product in Uganda
Published: 23-03-2023 | 12:06:00 | By: Pie Kamau
Kenyan and Ugandan insurtech startup Turaco, has partnered with Airtel Mobile and Prudential Assurance to launch a low-cost hospital cash insurance product with Funeral Benefit. 


Plesion Capital invests $500,000 funding in Ugandan fintech platform Xeno
Published: 09-01-2023 | 10:03:00 | By: Pie Kamau
Plesion Capital announced its formation as a social impact venture capital firm focused on partnering with mission-based entrepreneurs and companies to combat poverty around the world.


Kenyan fintech startup Tanda announces agency banking entry in Uganda, Rwanda, Tanzania
Published: 28-10-2022 | 13:32:00 | By: Pie Kamau
Kenyan fintech startup Tanda announced plans for agency banking entry in Uganda, Rwanda, Tanzania to accelerate growth within the East African markets.


Ugandan agritech startup Inputi receives investment to boost inputs distribution
Published: 14-10-2022 | 12:41:00 | By: Pie Kamau
Ugandan agritech startup Inputi announced it received an investment funding to boost inputs distribution across the country.


Ugandan fintech startup Tugende raises $10m pre-Series B funding to increase portfolio growth
Published: 14-10-2022 | 11:35:00 | By: Pie Kamau
Tugende, the innovative fintech platform for MSME credit and asset-financing in East Africa, closed in Q2 pre-Series B equity funding from existing shareholders led by Partech and two new investors, including Women’s World Banking.


Kenyan startup Kyosk Digital expands to Uganda
Published: 07-10-2022 | 14:46:27 | By: Bob Koigi
Kyosk Digital Services aims to address some of the challenges that vendors of fast-moving consumer goods (FMCGs) go through in sourcing products and restocking their outlets.


Uganda’s digital lending startup Numida raises $12.3 million funding to grow offerings
Published: 07-10-2022 | 14:43:51 | By: Bob Koigi
Uganda's Digital Lender Numida has secured a $12.3 million pre-Series A round of equity and debt funding to help it expand its team and move into new markets.


Uganda entrepreneurs bet on fish project to boost incomes
Published: 04-07-2022 | 12:15:00 | By: Bob Koigi
To help communities reduce their post-harvest losses and access a more reliable supply of processed fish products.


Ugandan fintech platform Tugende closes pre-Series B investment round to accelerate growth
Published: 21-06-2022 | 14:16:00 | By: Pie Kamau
Tugende, the East African fintech platform providing asset financing and digital services to small businesses, announced it has raised a pre-Series B investment round led by current shareholder Partech Africa.


Ugandan fintech startup Eversend rebrands, announces new features
Published: 06-06-2022 | 12:52:00 | By: Pie Kamau
Eversend, a Ugandan fintech startup providing cross-border money transfers for Africans and Africans in the diaspora has rebranded, to reinforce its commitment to users with an all-inclusive payment platform and a modified look to support this transition.


Uganda is the happiest country in East Africa, Happiness Index
Published: 21-03-2022 | 10:15:00 | By: Bob Koigi
Uganda topped the position as the happiest country in the East African Region while Tanzania dropped further to position 139 compared to position 94 the previous year.


Bank of Uganda grants Yo-Uganda Limited Payment System Operator License
Published: 25-01-2022 | 08:11:14 | By: Bob Koigi
Among the provisions of the National Payment Systems Act, 2020 is a requirement for all payment system operators to apply for and qualify for licensing after having satisfied a meticulous process applied by the Central Bank.


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


afriQloud and whitesky.cloud have put the foundation in place for a federated EMEA cloud infrastructure
Published: 05-11-2021 | 14:57:00 | By: Bob Koigi
In partnership with the European company whitesky.cloud, afriQloud has designed a completely new architecture for affordable and local cloud services.


Ugandan fintech startup Fin-e Innovations raises $300,000 to bridge funding gap of African energy SMEs
Published: 28-09-2021 | 15:12:00 | By: Pie Kamau
Fin-e Innovations, a fintech start-up based in Uganda, has closed pre-seed funding of $300,000 from an undisclosed party in the United States.


Latin American startup Wonder Brands closes $20m seed round for expansion
Published: 13-08-2021 | 14:09:00 | By: Pie Kamau
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.


Legatum Center launches inaugural Legatum Foundry Fellowship for entrepreneurs in Africa
Published: 11-05-2021 | 11:18:56 | By: Bob Koigi
At an inflection point in their entrepreneurial journeys, Fellows will learn from MIT faculty, connect with investors, and expand their network of peer innovators.


[Startup Interview] Marvin Akankwasa, CEO, Social Lend Africa, Uganda
Published: 05-05-2021 | 16:33:00 | By: Bob Koigi
Social Lend Africa is a Uganda-based financial technology company that facilitates transactions between micro-lenders and small business owners on its web and mobile app


CVS Health launches $100m venture fund
Published: 30-04-2021 | 13:24:00 | By: Pie Kamau
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
Published: 30-04-2021 | 13:12:41 | By: Pie Kamau
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
Published: 30-04-2021 | 13:00:00 | By: Pie Kamau
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
Published: 30-04-2021 | 12:49:00 | By: Pie Kamau
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
Published: 30-04-2021 | 12:29:00 | By: Pie Kamau
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
Published: 30-04-2021 | 10:04:00 | By: Pie Kamau
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
Published: 30-04-2021 | 08:17:00 | By: Bob Koigi
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
Published: 29-04-2021 | 16:13:59 | By: Pie Kamau
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
Published: 29-04-2021 | 10:48:00 | By: Pie Kamau
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
Published: 29-04-2021 | 10:31:00 | By: Pie Kamau
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
Published: 29-04-2021 | 10:13:00 | By: Pie Kamau
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
Published: 29-04-2021 | 09:57:00 | By: Pie Kamau
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
Published: 29-04-2021 | 09:37:00 | By: Pie Kamau
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
Published: 28-04-2021 | 17:00:12 | By: Pie Kamau
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
Published: 28-04-2021 | 16:47:00 | By: Pie Kamau
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
Published: 28-04-2021 | 16:39:27 | By: Pie Kamau
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
Published: 28-04-2021 | 16:19:00 | By: Pie Kamau
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
Published: 28-04-2021 | 16:04:23 | By: Pie Kamau
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
Published: 27-04-2021 | 15:47:20 | By: Pie Kamau
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
Published: 27-04-2021 | 12:02:00 | By: Pie Kamau
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
Published: 27-04-2021 | 11:45:28 | By: Pie Kamau
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
Published: 27-04-2021 | 11:06:00 | By: Pie Kamau
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
Published: 27-04-2021 | 10:38:00 | By: Pie Kamau
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
Published: 27-04-2021 | 10:20:47 | By: Pie Kamau
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
Published: 26-04-2021 | 14:15:00 | By: Pie Kamau
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
Published: 26-04-2021 | 14:02:00 | By: Pie Kamau
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
Published: 26-04-2021 | 13:40:00 | By: Pie Kamau
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
Published: 26-04-2021 | 13:30:43 | By: Pie Kamau
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
Published: 26-04-2021 | 13:16:00 | By: Pie Kamau
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
Published: 23-04-2021 | 09:32:00 | By: Pie Kamau
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
Published: 23-04-2021 | 09:21:00 | By: Pie Kamau
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
Published: 22-04-2021 | 13:54:00 | By: Pie Kamau
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
Published: 22-04-2021 | 13:37:00 | By: Pie Kamau
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
Published: 22-04-2021 | 13:20:00 | By: Pie Kamau
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
Published: 21-04-2021 | 13:34:00 | By: Pie Kamau
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
Published: 21-04-2021 | 13:12:00 | By: Pie Kamau
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
Published: 21-04-2021 | 12:54:00 | By: Pie Kamau
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
Published: 21-04-2021 | 12:38:57 | By: Pie Kamau
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
Published: 21-04-2021 | 12:09:00 | By: Pie Kamau
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
Published: 20-04-2021 | 10:50:00 | By: Pie Kamau
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
Published: 20-04-2021 | 10:41:00 | By: Pie Kamau
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
Published: 20-04-2021 | 09:53:34 | By: Pie Kamau
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
Published: 20-04-2021 | 09:44:00 | By: Pie Kamau
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
Published: 20-04-2021 | 09:36:42 | By: Pie Kamau
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
Published: 16-04-2021 | 09:43:00 | By: Pie Kamau
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
Published: 16-04-2021 | 09:35:00 | By: Pie Kamau
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
Published: 16-04-2021 | 09:23:09 | By: Pie Kamau
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
Published: 16-04-2021 | 09:12:55 | By: Pie Kamau
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
Published: 16-04-2021 | 09:02:00 | By: Pie Kamau
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
Published: 16-04-2021 | 08:50:00 | By: Pie Kamau
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
Published: 16-04-2021 | 08:34:00 | By: Pie Kamau
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
Published: 15-04-2021 | 15:06:00 | By: Pie Kamau
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
Published: 15-04-2021 | 10:12:00 | By: Pie Kamau
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
Published: 15-04-2021 | 10:02:00 | By: Pie Kamau
Phantom Space Corporation, a space transportation technology development and manufacturing company, announced the raise of $5 million in seed investment funding to make space commerce commonplace and to lower the barriers to space access.


Legacy startup raises $10m Series A to make male fertility services accessible to all
Published: 15-04-2021 | 09:53:00 | By: Pie Kamau
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
Published: 15-04-2021 | 09:21:18 | By: Pie Kamau
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
Published: 15-04-2021 | 09:12:00 | By: Pie Kamau
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
Published: 14-04-2021 | 11:03:53 | By: Pie Kamau
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.
Published: 14-04-2021 | 10:52:00 | By: Pie Kamau
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
Published: 14-04-2021 | 10:37:00 | By: Pie Kamau
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
Published: 14-04-2021 | 10:20:00 | By: Pie Kamau
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
Published: 14-04-2021 | 10:03:35 | By: Pie Kamau
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
Published: 13-04-2021 | 15:25:00 | By: Pie Kamau
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
Published: 13-04-2021 | 15:10:00 | By: Pie Kamau
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
Published: 13-04-2021 | 14:45:00 | By: Pie Kamau
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
Published: 13-04-2021 | 14:21:14 | By: Pie Kamau
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
Published: 13-04-2021 | 11:15:00 | By: Pie Kamau
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"
Published: 12-04-2021 | 14:07:00 | By: Pie Kamau
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
Published: 12-04-2021 | 13:33:00 | By: Pie Kamau
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
Published: 12-04-2021 | 13:12:00 | By: Pie Kamau
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
Published: 12-04-2021 | 12:36:00 | By: Pie Kamau
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
Published: 12-04-2021 | 12:21:00 | By: Pie Kamau
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
Published: 09-04-2021 | 17:31:00 | By: Bob Koigi
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
Published: 09-04-2021 | 11:51:00 | By: Pie Kamau
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
Published: 09-04-2021 | 11:30:00 | By: Pie Kamau
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
Published: 09-04-2021 | 10:36:00 | By: Pie Kamau
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
Published: 09-04-2021 | 09:48:00 | By: Pie Kamau
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
Published: 09-04-2021 | 09:24:00 | By: Pie Kamau
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
Published: 08-04-2021 | 17:56:00 | By: Pie Kamau
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
Published: 08-04-2021 | 17:41:00 | By: Pie Kamau
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
Published: 08-04-2021 | 17:05:00 | By: Pie Kamau
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
Published: 08-04-2021 | 16:23:00 | By: Pie Kamau
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
Published: 07-04-2021 | 17:03:00 | By: Pie Kamau
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
Published: 07-04-2021 | 16:50:00 | By: Pie Kamau
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
Published: 07-04-2021 | 16:40:00 | By: Pie Kamau
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
Published: 07-04-2021 | 16:14:00 | By: Pie Kamau
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.


Verdant Capital raises $9.9 million financing for East African tech enabled MSME lender Tugende
Published: 07-04-2021 | 13:40:27 | By: Bob Koigi
Pan African specialist investment financial institution Verdant Capital has raised $9.9 million Series A equity capital for Tugende, a technology enabled MSME lender in East Africa.


Cannabis ERP technology platform BLAZE raises $8m in Series A funding for market expansion
Published: 06-04-2021 | 16:12:00 | By: Pie Kamau
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
Published: 06-04-2021 | 15:47:00 | By: Pie Kamau
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
Published: 06-04-2021 | 15:36:00 | By: Pie Kamau
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
Published: 06-04-2021 | 15:23:00 | By: Pie Kamau
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
Published: 06-04-2021 | 15:07:00 | By: Pie Kamau
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.


Insurtech startup Curacel secures $450K pre-seed funding to drive insurance inclusion in Africa
Published: 30-03-2021 | 12:53:00 | By: Pie Kamau
Curacel, an AI-powered platform for claims processing and fraud management in Africa, raised a $450,000 pre-seed funding in a round led by Atlantica Ventures and Consonance.


[Startup Interview] Prof.Yakubu Makeri, Founder, ICYDT, Uganda
Published: 11-01-2021 | 14:41:00 | By: Bob Koigi
International Center for Youth Development on Technopreneurship, ICYDT, is a Uganda startup working on skills development and reduction of poverty among the youth using information technology. The institution’s founder Prof. Yakubu Makeri explains the startup’s business model and plans to launch an online university.


[Startup Interview] Ian Sendagala, CEO, eFoods Trade, Uganda
Published: 08-07-2020 | 14:23:00 | By: Bob Koigi
eFoods Trade is an African online B2B marketplace connecting African foods to the global markets. The platform targets food importers, exporters, distributors, and manufacturers. Ian Sendagala the CEO explains.


[Startup Interview] Julius Masaba, Co-Founder, Ablestate, Uganda
Published: 18-05-2020 | 13:03:09 | By: Bob Koigi
Ablestate, a Ugandan startup works with businesses to point them to the right software developers while offering digital training to institutions of higher learning. In the process the startup is addresings youth unemployment in the East African nation.


[Startup Interview] Gyaviira Tumushabe, Co-Founder, Firm Tours and Safaris, Uganda
Published: 27-04-2020 | 09:05:00 | By: Bob Koigi
Gyaviira Tumushabe is a co-founder of Firm Tours and Safaris, a tourism startup based in Uganda. It offers services include wildlife safaris, mountain gorilla tracking, city tours, organized group tours, school tours cultural and religious tours, all arranged and operated within the bounds of Uganda.


[Startup Interview] Ancel Bwire, CEO, Ancywax, Uganda
Published: 24-04-2020 | 07:57:00 | By: Bob Koigi
Ancywax is a research, media and marketing startup domiciled in Uganda’s capital Kampala that has since 2014 been offering clients a cocktail of services from idea to implementation through a model dubbed Concept Development. Ancel Bwire the CEO elaborates about the startup’s business model and plans moving forward.