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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3912602 | Tags:

DivInc launches Spring 2024 Sports Tech Accelerator program
Published: 18-04-2024 | 12:00:00 | By: Pie Kamau




Swiss sports tech startup Coachbetter raises $2.9m to bridge tech and football for all
Published: 15-08-2023 | 09:54:00 | By: Pie Kamau
Coachbetter has announced the completion of $2.9m seed-plus investment round.


How two teenagers harnessed the power of TikTok to build a million dollar golf brand
Published: 02-05-2023 | 11:24:00 | By: Pie Kamau
Less than eighteen months ago, Golf Daddy Co-founders, Daniel Puumalanien and Paul Boranian were working at a fashion-tech startup when the idea to launch a golf training aid became a reality.


Videocites partners with NBA to provide greater insights into league’s social media exposure with initial closing of Series B funding
Published: 02-03-2023 | 08:54:00 | By: Pie Kamau
Videocites, creator of the next-generation analytics solution that reveals the true social footprint created by fans and partners on social media, announced the initial closing of a Series B round.


African mobile game publisher Carry1st raises $27m funding round to accelerate growth
Published: 20-01-2023 | 09:16:00 | By: Pie Kamau
African mobile game publisher Carry1st, has raised $27 million in a funding round led by BITKRAFT Ventures, featuring participation from Andreessen Horowitz (a16z), TTV Capital, Alumni Ventures, Lateral Capital, Kepple Ventures, and Konvoy.


Swiss NFT-based athlete investment startup FANtium raises €2m angel investment to democratize athlete financing
Published: 24-10-2022 | 12:04:00 | By: Pie Kamau
Swiss NFT-based athlete investment platform FANtium, announced a private pre-seed round of $2 million.


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


Koolboks closes $2.5m seed round to scale solar refrigeration across Africa
Published: 19-08-2022 | 10:43:00 | By: Pie Kamau
Koolboks, the sustainable cooling company providing accessible cold storage solutions to businesses across Africa, has closed $2.5 million Seed funding round, led by Aruwa Capital Management.


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


London-based soccer game startup CLUB closes $3.1m seed round for the first F2P and Play-and-Earn soccer ownership game
Published: 15-07-2022 | 13:11:00 | By: Pie Kamau
CLUB, the independent studio behind CLUB Game, the first free-to-play (F2P), play-and-earn soccer game that allows you to create and sell your own real-player soccer club, has secured its first major round of funding.


Fabric tech startup Nextiles raises $5m oversubscribed seed round to fuel growth in smart athletics
Published: 08-06-2022 | 12:19:00 | By: Pie Kamau
Nextiles, a smart fabric technology for athletes, announced its $5 million seed round led by Drive by DraftKings, with participation from the NBA.


AI gaming startup Sizzle.gg raises $5m seed round for expansion
Published: 16-05-2022 | 12:59:00 | By: Pie Kamau
Sizzle.gg, an AI-driven patented platform that creates automatic and personalized highlights for esports leagues and teams, video game streamers and more, has raised $5 million in a seed funding round.


Gaming startup StartPlaying raises $6.5m seed funding to scale growth
Published: 16-05-2022 | 12:24:00 | By: Pie Kamau
StartPlaying, the online platform to find tabletop role-playing games and professional Game Masters, announced a $6.5 million seed round led by venture capital firm Andreessen Horowitz general partners Jonathan Lai and Andrew Chen.


Athletes, artists digital platform Vaunt raises $5m Series A funding to accelerate growth
Published: 26-04-2022 | 12:38:00 | By: Pie Kamau
Vaunt, a platform for athletes and artists to monetize their talents and stream globally for live and digital viewers, announced a $5 million Series A funding round to elevate the brand and potential of the business to the next level.


Berkeley-based fitness startup Flexia raises $4m to shape the future of connected Pilates
Published: 06-04-2022 | 13:24:00 | By: Pie Kamau
Berkeley-based Flexia, developer of the first truly smart and connected Pilates reformer, announced a $4 million Seed round led by ADvantage, an early stage VC fund investing in tech companies shaping the future of sports.


Egyptian e-Sport startup Eksab raises $3m seed funding to scale its fantasy football platform
Published: 30-03-2022 | 10:41:00 | By: Pie Kamau
Cairo-headquartered e-Sport startup has raised $3 million seed funding round, bringing the company’s total investment to date to $3.7 million.


Israeli's Astrix Security emerges from stealth with $15m seed round to secure enterprises' expanding web of third-party apps
Published: 23-02-2022 | 15:56:00 | By: Pie Kamau
Astrix Security, the first app-integration access management solution, launched from stealth to modernize how enterprises monitor and control their ever-expanding web of interconnected third-party applications.


French fintech startup Silvr raises €130m Series A to support growth of digital companies
Published: 08-02-2022 | 13:28:00 | By: Pie Kamau
French fintech startup Silvr announced a €130 million Series A funding round, to support the growth of digital companies. This fundraising comes at a key moment in development and positions Silvr as the European leader in Revenue Based Financing.


Nigerian healthtech startup Reliance Health raises $40m Series B funding to accelerate growth
Published: 07-02-2022 | 15:32:00 | By: Pie Kamau
Reliance Health, an emerging markets-focused digital healthcare provider, announced the completion of a $40 million Series B funding round led by General Atlantic, a global growth equity investor, with participation from Partech.


Japanese powerhouses mixi and DAZN partner to create a sports NFT marketplace on Flow
Published: 07-02-2022 | 12:04:00 | By: Pie Kamau
Media powerhouse mixi, Inc. and global sports streaming service DAZN Japan Investment GK today announced that DAZN MOMENTS, a sports NFT marketplace, will launch on Flow, a Web3 platform designed for consumer-friendly applications.


Casava secures $4m pre-seed funding to provide micro insurance for millions of Nigerians
Published: 04-02-2022 | 09:41:00 | By: Pie Kamau
Casava, Nigeria's digital insurance company has secured $4 million in pre-seed funding to provide affordable and accessible insurance products for millions of Nigerians.


Kenyan insurtech startup Lami acquires Bluewave Insurance Agency
Published: 04-02-2022 | 09:33:06 | By: Pie Kamau
Kenyan insurtech startup Lami Technologies has acquired Bluewave Insurance Agency, another Kenyan-based insurtech startup, for an undisclosed amount.


B2B marketplace startup Retailo raises $36m Series A funding to empower community commerce in the MENA region
Published: 01-02-2022 | 13:47:00 | By: Pie Kamau
Retailo, the B2B marketplace startup for retailers in Middle East, North Africa, and Pakistan (MENAP), has raised $36 million in its Series A investment round which was a mix of equity and venture debt.


Cloud-based-AI startup Inspectorio raises $50m to reinvent production chain with AI-powered platform
Published: 01-02-2022 | 13:41:00 | By: Pie Kamau
Inspectorio, the cloud-based AI-powered SaaS solution, announced the company has raised $50 million in a Series B Round led by New York-based global private equity and venture capital firm, Insight Partners.


Nigerian proptech startup Seso Global launches regional offices in US and the UK
Published: 31-01-2022 | 14:54:53 | By: Pie Kamau
To better engage with communities in the diaspora, Nigerian proptech startup Seso Global has launched regional offices in the United States (US) and the United Kingdom (UK).


Podcast network startup Lemonada Media raises $8m Series A funding to accelerate growth
Published: 31-01-2022 | 14:42:00 | By: Pie Kamau
Lemonada Media, the podcast network that presents humanity unfiltered, raised $8 million in Series A second-round funding led by BDMI, a wholly owned subsidiary of the global media, services and education company Bertelsmann.


South African fintech startup CompariSure raises $980,000 pre-Series A funding to accelerate growth
Published: 31-01-2022 | 14:17:00 | By: Pie Kamau
South African fintech startup CompariSure, raised R15 million ($980,000) from Cape Town based HAVAÍC and 4Di in a pre-Series A funding round.


JICA’s NINJA Accelerator completes 2nd Demo Day in Kenya, sends delegation to Silicon Valley
Published: 31-01-2022 | 14:10:00 | By: Pie Kamau
Shamba Pride, Saada Tech, Kijenzi, M-Paya Energy, and MyMovies.Africa are the five startups that shined during the 2nd Demo Day of the NINJA Accelerator in Kenya.


Bank of America commits $20m to Invest Detroit Ventures' early-stage startup fund
Published: 31-01-2022 | 13:55:00 | By: Pie Kamau
Invest Detroit Ventures (IDV) announced an investment from Bank of America to support IDV Fund IV, a newly-established $20 million fund that provides capital investment to Michigan startups during early, critical stages of development.


[Startup Interview] Venkatesh C.R., CEO, Dot Com Infoway, India
Published: 28-01-2022 | 13:43:00 | By: Bob Koigi
Dot Com Infoway (DCI) is a CMMI Level 3 multi-national IT company and a player in custom software development, Web Development, Internet Marketing, Open Source Solutions, mobile application marketing with offices in India and the USA.


[Startup Interview] Manoj Ranaweera, CEO, SkilledUp Life, UK
Published: 28-01-2022 | 13:36:00 | By: Bob Koigi
SkilledUp Life is a UK-based two-sided marketplace for anyone, volunteers, to gain new experiences and build skills free of charge, and for bootstrapped tech startups, companies, to fill skills gaps in their teams with free talent.


Swiss cybersecurity startup Saporo raises $2.7m pre-seed round to improve resistance against attacks
Published: 28-01-2022 | 11:56:00 | By: Pie Kamau
Swiss cybersecurity startup Saporo announced a $2.7 million pre-seed round co-led by Session VC and Lightbird Ventures to make it easier for businesses of any size to increase their cyber resistance.


South Korean Hyundai Mobis invests in Zendar startup to accelerate Level 4 or higher autonomous driving
Published: 28-01-2022 | 11:43:48 | By: Pie Kamau
South Korean car parts company Hyundai Mobis announced it has made a strategic investment in Zendar, a Silicon Vally based startup with global competitiveness in high-resolution radar, called 'imaging radar.'


DivInc Houston launches inaugural 5G Sports Tech Accelerator in partnership with Verizon
Published: 28-01-2022 | 11:29:50 | By: Pie Kamau
DivInc, the startup accelerator for people of color and women entrepreneurs, announced the launch of its first Sports Tech Accelerator made possible through support from title sponsor, Verizon.


International startup accelerator NUMA New York rebrands to WEVE Accelerator
Published: 28-01-2022 | 11:16:00 | By: Pie Kamau
NUMA New York, a fixture in the New York venture capital ecosystem for the past decade, announced new ownership and a new name; WEVE Accelerator.


African focused VC firm TLcom secures first close of $150m Pan-African tech fund
Published: 28-01-2022 | 11:00:00 | By: Pie Kamau
TLcom, the Africa-focused venture capital firm announced a first close of $70 million for its $150 million Africa focused tech fund making it the largest independent VC firm fully dedicated to the continent.


Artificial Intelligence startup Rehinged launches Carenet AI platform for the healthcare industry
Published: 27-01-2022 | 11:54:33 | By: Pie Kamau
Rehinged, an AI startup that transforms external market data into actionable intelligence, announced the launch of Carenet AI, its market intelligence platform specifically built for the healthcare industry.


Fintech startup Tomo doubles mortgage footprint, reaches quarter of U.S.
Published: 27-01-2022 | 11:44:00 | By: Pie Kamau
Tomo, the fintech startup that's transforming the home-buying experience, announced it has doubled its mortgage footprint and now serves nearly a quarter of the U.S. market after expanding into Florida, Connecticut and Colorado.


Goldman Sachs Asset Management leads $227m investment in live-entertainment tech startup Fever
Published: 27-01-2022 | 11:33:00 | By: Pie Kamau
Fever, the live-entertainment discovery platform, has raised $227m in a round led by the Growth Equity business within Goldman Sachs Asset Management.


The Sandbox and Brinc announce $50m open metaverse accelerator program funding for 100 startups
Published: 27-01-2022 | 11:18:00 | By: Pie Kamau
The Sandbox, a decentralized gaming metaverse, has committed $50 million to Brinc, a global venture accelerator, for The Sandbox Metaverse Accelerator Program, which will target 100 startups to enhance the open metaverse.


South African delivery startup Orderin raises $4.7m pre-Series B funding for expansion
Published: 27-01-2022 | 11:02:00 | By: Pie Kamau
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.


Grocery logistics startup EasyBins raises $2m late stage seed round for expansion
Published: 26-01-2022 | 12:21:00 | By: Pie Kamau
EasyBins, a company solving the grocery logistics problem for suburban markets in North America, announced $2 million late stage seed round funding to expand its geographic footprint and invest in technology and staff.


Climatetech startup Greentown Labs appoints Kevin Taylor as new CFO
Published: 26-01-2022 | 11:35:21 | By: Pie Kamau
Greentown Labs, the largest climatetech startup incubator in North America, announced Kevin Taylor as Chief Financial Officer (CFO).


Creator economy startup Koji raises $20m Series B fundraise to accelerate growth
Published: 26-01-2022 | 11:19:00 | By: Pie Kamau
Koji, the app store for the creator economy and the world's most powerful Link in Bio platform, announced a $20 million financing led by Jump Capital, with participation from new investors HBSE Ventures.


Huobi Incubator announces sponsorship with Avalanche, affirms commitment to blockchain startup ecosystem
Published: 26-01-2022 | 11:07:00 | By: Pie Kamau
Huobi Incubator, the project incubation arm of Huobi Group, announced it will start a basket of sponsoring plans for Avalanche ecosystem to jointly incubate emerging projects.


London-based InstaDeep raises $100m to scale decision-making AI products to solve real-world problems
Published: 26-01-2022 | 10:53:00 | By: Pie Kamau
InstaDeep, a leader in advanced AI decision-making systems for solving real-world problems, announced it has raised $100 million and closed a Series B round led by Alpha Intelligence Capital.


UK's carbon offset ratings startup Sylvera raises $32m funding to become source of truth in carbon markets
Published: 25-01-2022 | 15:42:00 | By: Pie Kamau
Carbon offset ratings provider, Sylvera, announced it has raised $32.6 million in Series A funding to accelerate its mission to become a source of truth for carbon markets.


Asia's banking infrastructure startup M2P Fintech raises $56m to accelerate global expansion
Published: 25-01-2022 | 15:31:00 | By: Pie Kamau
M2P Fintech, Asia's financial Infrastructure company, announced a $56 million Series C1 raise led by New York-based global private equity and venture capital firm Insight Partners with participation from MUFG Innovation Partners.


Horizon Technology Finance leads $50m venture loan facility to fintech and insurtech startup, Autonomy
Published: 25-01-2022 | 15:15:00 | By: Pie Kamau
Horizon Technology Finance Corporation announced it led a $50 million venture loan facility to Autonomy, a completely digital mobility offering that provides consumers with an affordable way to get access to a vehicle without long-term debt.


U.S. and Israel-based insurtech startup Honeycomb raises $15.4m Series A round
Published: 24-01-2022 | 15:39:00 | By: Pie Kamau
Insurtech startup Honeycomb announced it has raised $15.4 million in a Series A funding round led by Ibex Investors.


Blockchain and smart contract auditing startup HashEx raises $1m seed round for new product development
Published: 24-01-2022 | 15:20:00 | By: Pie Kamau
Smart contract audit firm HashEx completed a seed investment round, funneling the funds into developing a new product called AnalytEx.


SOMA.finance closes $6.5m seed funding round to accelerate growth
Published: 24-01-2022 | 15:09:00 | By: Pie Kamau
SOMA.finance, a Hong Kong and New York-based decentralized marketplace for digital assets, announced the completion of a $6.5 million seed funding round.


Prophecy startup raises $25m to accelerate availability of its low-code platform for data engineering
Published: 24-01-2022 | 14:44:00 | By: Pie Kamau
Prophecy, the enterprise low-code data engineering platform that brings the speed of DevOps to data engineering, announced it raised a $25 million Series A round.


Call for startups to Pitch Live at 2022 Africa Startup Summit in Nairobi, Kenya
Published: 24-01-2022 | 14:22:00 | By: Pie Kamau
Africa Tech Summit has opened applications to the 2022 edition of Pitch Live at the fourth Africa Startup Summit.


Swedish-Kenyan electric vehicle tech startup Opibus launches first electric bus designed and developed in Africa
Published: 21-01-2022 | 13:28:00 | By: Pie Kamau
Swedish-Kenyan electric vehicle technology startup Opibus has introduced the first all-electric bus in Kenya as well as the first African designed electric bus ever.


Tech startups key to Africa’s digital transformation but urgently need investment, report
Published: 21-01-2022 | 13:21:00 | By: Pie Kamau
The World Economic Forum’s latest report, “Attracting Investment and Accelerating Adoption for the Fourth Industrial Revolution in Africa” analyses the challenges Africa faces in joining the global knowledge-based digital economy.


Morocco fintech startup Chari closes a bridge round to pilot BNPL services with grocery stores in Francophone Africa
Published: 21-01-2022 | 13:13:00 | By: Pie Kamau
Aiming to take a serious step towards the Fintech space, Chari has announced the closing of a bridge round led by the Saudi-based venture capital fund Khwarizmi Ventures (KV).


Nigerian fintech startup P2vest records 100,000 users on its platform
Published: 21-01-2022 | 13:04:00 | By: Pie Kamau
Nigerian fintech startup P2vest Technology announced that its peer-to-peer lending application, P2Vest has hit 100,000 users with access to quick loans.


Kenyan mobile commerce startup Copia raises $50m to ramp up African expansion
Published: 21-01-2022 | 12:54:00 | By: Pie Kamau
Kenyan-based mobile commerce platform Copia Global raised $50 million in a Series C equity round led by Goodwell Investments.


DutchFounders launches €62m seed fund to back founders building the next wave of marketplaces in Europe
Published: 20-01-2022 | 12:21:00 | By: Pie Kamau
DutchFounders has reached the final close for its second fund, making more than €62m ($70m) available for early-stage marketplaces and so-called marketplace enablers.


Sportstech startup Mustard raises $3.75m to democratize world-class coaching across major sports
Published: 20-01-2022 | 11:56:00 | By: Pie Kamau
Mustard, the world's first sensorless connected-coaching platform for skill sports, announced a $3.75 million seed round led by the Lake Nona Sports & Health Tech Fund.


Kenyan fintech startup Zanifu closes $1m seed financing round to accelerate growth
Published: 20-01-2022 | 11:15:00 | By: Pie Kamau
Kenyan fintech startup Zanifu announced it has successfully closed a $ 1 million seed financing round to scale its business and improve on its platform.


Israeli tech startup Polar Security emerges from stealth with $8.5m seed round to automatically protect cloud data
Published: 20-01-2022 | 10:50:00 | By: Pie Kamau
Polar Security, a cloud-native data security company, announced it has raised a $8.5 million seed financing round and launched out of stealth.


Creative tech startup DOOMSDAYX raises $1.5m pre-seed round to turn music fans into producers
Published: 20-01-2022 | 10:29:00 | By: Pie Kamau
DOOMSDAYX announced its pre-seed round of $1.5 million along with a unique NFT project in partnership with artist and web3 pioneer Haleek Maul.


London-based proptech startup Homesearch completes £5m funding round to accelerate growth
Published: 19-01-2022 | 13:57:00 | By: Pie Kamau
After a record year of growth, property data and estate agent prospecting platform, Homesearch, completed a £5m Series A funding round with Octopus Ventures , the venture capitalist firm that originally backed Zoopla.


VC firm QED Investors hires Gbenga Ajayi as Partner to focus on fintech investments in Africa
Published: 19-01-2022 | 13:10:06 | By: Pie Kamau
QED Investors, a global venture capital firm focused on investing in disruptive financial services companies, has hired Gbenga Ajayi as a Partner, to focus on fintech investments in Africa.


Adtech startup Otis AI raises $2.5m to enhance digital marketing for SMBs
Published: 19-01-2022 | 13:04:00 | By: Pie Kamau
Otis AI, the digital marketing assistant for SMBs, raised a seed round bringing its total funding to $2.5 million. With Otis, an all-in-one digital marketing solution, a small business can launch a data-driven multi-channel campaign.


Solar-powered robotics startup Aigen raises $4m seed round to accelerate growth
Published: 19-01-2022 | 12:38:00 | By: Pie Kamau
Aigen, a company developing a scalable, solar-powered robotics platform for agriculture and soil regeneration, raised a $4 million seed round led by NEA with participation from AgFunder, Global Founders Capital, and ReGen Ventures.


Singapore-based FTAG Ventures invests over S$10m in BeLive and other livestreaming companies
Published: 19-01-2022 | 12:03:00 | By: Pie Kamau
FTAG Ventures raised its total investments in Southeast Asia's livestreaming solutions leader BeLive Technology to S$9.3 million, which will aid BeLive in its global expansion.


Kenya's Poa Internet announces first close of $28m financing round by Africa50
Published: 18-01-2022 | 15:31:00 | By: Pie Kamau
Poa Internet and Africa50 announced the completion of Africa50’s equity investment into Poa. This funding is part of the $28 million financing round led by Africa50.


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


Israeli foodtech startup Plantish unveils whole-cut plant-based salmon fillets
Published: 18-01-2022 | 10:55:38 | By: Pie Kamau
Israeli foodtech startup Plantish is giving consumers a first look at its flagship product, a 100% plant-based whole-cut salmon fillet, which mimics cooked salmon in texture, taste, appearance and structure.


Compensation management startup Assemble raises $5m seed to make compensation a strategic differentiator
Published: 18-01-2022 | 10:36:00 | By: Pie Kamau
Assemble, a compensation platform for forward-thinking organizations announced a $5 million seed round led by Susa Ventures. Goldcrest Capital and several angel investors participated in the round.


South Korean AI optimization tech startup Nota selected as NVIDIA Inception Premier member
Published: 18-01-2022 | 10:14:00 | By: Pie Kamau
Nota, an AI optimization technology company, announced it has been promoted to Premier status in the NVIDIA Inception program.


[Kenya] Sankore announces pitch competition targeting blockchain startups
Published: 18-01-2022 | 09:39:00 | By: Pie Kamau
Nairobi-headquartered blockchain community Sankore is launching the Sankore Pitch Competition Tour (PCT) in Nairobi.


Dutch edtech startup Winc Academy raises $3m to train 20,000 IT professionals in Europe
Published: 17-01-2022 | 15:00:00 | By: Pie Kamau
Winc Academy announced a $3 million funding round led by Rubio Impact Ventures and Dutch Founders Fund to increase the steep growth of its education platform.


Canadian fintech startup Periculum launches in Nigeria to build credit assessment infrastructure for Africa
Published: 17-01-2022 | 14:28:28 | By: Pie Kamau
Canadian fintech startup and credit assessment company Periculum, has launched in Nigeria to tackle the challenge of domestic credit to the underserved markets.


Seattle-based fintech startup Seashell unveils inflation-resistant investment product alongside $6m seed round
Published: 17-01-2022 | 14:22:00 | By: Pie Kamau
Seashell, the fintech company dedicated to building a consumer-first, modern banking and investment experience, emerged from stealth with the announcement of Seashell Save.


British Fintech Farm raises $7.4m to launch Neobanks in 8 countries
Published: 17-01-2022 | 14:06:00 | By: Pie Kamau
Fintech Farm, a British fintech company creating neobanks in emerging markets, raised $7.4 million investment to develop its new project.


DeFi startup Giddy raises $8m seed round to accelerate growth
Published: 17-01-2022 | 13:53:00 | By: Pie Kamau
Giddy, a mobile app that enables mainstream DeFi adoption, has raised $8m in seed funding. The round was led by Pelion Venture partners.


Indian mobility tech startup EVage raises $28m to enhance Commercial EV revolution
Published: 17-01-2022 | 11:12:00 | By: Pie Kamau
US-based venture capital firm RedBlue Capital has invested $28 million in EVage, the all-electric commercial vehicle OEM in India supplying EV trucks to major delivery fleets such as Amazon India's Delivery Service Partner.


Kenyan BNPL startup Lipa Later secures $12m funding to expand across Africa
Published: 13-01-2022 | 13:06:00 | By: Pie Kamau
Lipa Later, one of it’s kind buy-now-pay-later (BNPL) company operating in Kenya, Rwanda, Uganda and Nigeria, has raised $12 million from a consortium of investors.


London-based alternative investment platform Koia raises $1.4m pre-seed round to make alternative assets accessible to anyone
Published: 13-01-2022 | 12:29:00 | By: Pie Kamau
Koia, a new investment platform which is bringing alternative assets to Europe, announced a $1.4 million pre-seed round.


Irish digital food-ordering startup Flipdish raises €87m funding to transform digital consumer experience in hospitality
Published: 13-01-2022 | 12:07:00 | By: Pie Kamau
Irish digital food-ordering platform Flipdish has become the State’s fifth official home-grown tech unicorn following a new €87 million investment led by global technology company Tencent and Tiger Global.


Kenyan ride-hailing startup MARAMOJA opens its API to fintechs and insurtechs
Published: 13-01-2022 | 11:14:00 | By: Pie Kamau
Kenya's ride-hailing platform MARAMOJA Transport has opened its API to local fintechs and Insurtechs. Through a new partnership with Switchlink Africa, service providers will be able to connect with MARAMOJA's drivers and customers.


Ivorian e-Commerce startup Afrikrea raises $6.2m pre-Series A funding, rebrands to 'ANKA'
Published: 13-01-2022 | 10:49:00 | By: Pie Kamau
Afrikrea, an Ivorian e-Commerce startup has raised $6.2 million pre-Series A funding round led by Investisseurs & Partenaires. The startup has also rebranded to 'ANKA'.


Nigerian last-mile delivery startup Kwik reaches 100,000 customers, announces over 400% GMV and revenue growth for 2021
Published: 13-01-2022 | 10:37:00 | By: Pie Kamau
Nigeria's last-mile delivery startup Kwik Delivery, trading name of Africa Delivery Technologies SAS, announced its GMV and revenue for 2021 grew by over 400% year on year.


Berlin-based clean energy startup Ostrom raises €4.4m to make transition to green energy convenient and affordable
Published: 12-01-2022 | 13:30:00 | By: Pie Kamau
Berlin-based clean energy startup Ostrom has raised a total of €4.4 million in pre-seed and seed funding to further its goal of making the switch to green energy as easy and affordable as possible.


German proptech startup Evernest closes €13m Series A funding to to accelerate growth
Published: 12-01-2022 | 12:51:00 | By: Pie Kamau
German proptech company Evernest has successfully closed a Series A financing round of €13 million to accelerate its technology platform development as well as German and international expansion.


Emergency relief startup Canary raises $1.5m pre-seed funding to reinvent access to emergency funds at work
Published: 12-01-2022 | 12:32:00 | By: Pie Kamau
Canary, an emergency relief platform that makes it easy for employers to raise and distribute tax-advantaged payments for workers experiencing financial hardships, has raised $1.5 million in pre-seed funding.


Fintech startup CrowFly appoints Nita Bhatia as Chief Executive Officer
Published: 12-01-2022 | 12:10:05 | By: Pie Kamau
CrowFly has appointed Nita Bhatia as CEO. CrowFly is a fintech startup touting an innovative online platform that directly connects sellers of future structured settlement payments with qualified buyers.


Nashville-based worker’s compensation startup InsurePay secures Series B investment, buys Split Limit Studios
Published: 12-01-2022 | 11:48:00 | By: Pie Kamau
InsurePay, an Insuretech Property and Casualty (P&C) billing and payments platform, including workers' compensation insurance premium billing and payments has secured a Series B investment.


Berlin-based fintech startup Denario raises €1.3m to automate B2B payments experience for small businesses
Published: 11-01-2022 | 12:35:00 | By: Pie Kamau
Berlin-based fintech startup Denario announced the closing of €1.3 million venture funding led by 468 Capital, with participation from Presight Capital and MPGI.


Tallinn-based Bolt raises €628m funding round to accelerate transition from owned cars to shared mobility
Published: 11-01-2022 | 12:00:00 | By: Pie Kamau
Tallinn-based Bolt announced the closing of €628 million round of funding, its largest funding to date. This funding round will help Bolt accelerate its mission to help cities transform urban areas.


Munich-based startup Alasco raises $40m Series-B funding to revolutionize the real estate industry
Published: 11-01-2022 | 11:28:00 | By: Pie Kamau
Munich-based startup Alasco has raised $40 million in Series-B funding to follow the vision of creating the Real Estate Success Software and bringing the real estate industry up to par with leading digital industries.


OSF Ventures launches third venture capital fund to focus on emerging technologies
Published: 11-01-2022 | 10:54:52 | By: Pie Kamau
OSF Ventures has launched its third capital investment fund, the largest since it initiated this program in 2016. The $100 million fund will be used to continue a strategy that links investments to key priorities of improved patient care.


SaaS management startup Zluri raises $10m Series A funding round to accelerate growth
Published: 11-01-2022 | 10:41:00 | By: Pie Kamau
SaaS Management Platform Zluri has raised $10 million in a Series A round of funding led by MassMutual Ventures with participation from existing investors, Endiya Partners and Kalaari Capital.


Canadian fertility tech startup raises Series A financing round to progress AI-enabled fertility solutions
Published: 10-01-2022 | 15:04:58 | By: Pie Kamau
Future Fertility, a fertility technology company developing AI-enabled and non-invasive fertility solutions to optimize clinical decision making in fertility care and in vitro fertilization (IVF), announced it has successfully raised a Series A financing round.


Enterprise device management startup ManageXR raises $4m seed round to scale XR for business
Published: 10-01-2022 | 14:44:00 | By: Pie Kamau
ManageXR, an enterprise device management platform designed for VR and AR devices, announced it raised $4 million in Series Seed financing from Rally Ventures.


Illinois-based clinical stage medical device startup Rhaeos raises $2.2m oversubscribed seed round
Published: 10-01-2022 | 14:02:00 | By: Pie Kamau
Rhaeos, Inc., a private, clinical stage medical device company developing a platform wireless and non-invasive wearable sensor initially targeting the neurosurgical suite, announced the closing of its oversubscribed $2.2 million seed financing.


Israeli AI-powered drug discovery startup Protai raises $8m seed round to provide proteomics-based platform
Published: 10-01-2022 | 13:49:00 | By: Pie Kamau
Protai, an AI-powered drug discovery startup announced its emergence from stealth, along with an $8 million seed financing round co-led by Grove Ventures and Pitango HealthTech.


Orange Ventures seed challenge opens applications for Egyptian fintech startups
Published: 10-01-2022 | 13:25:00 | By: Pie Kamau
Orange Ventures has opened applications for its Seed Challenge that will see the VC form award one fintech startup from Egypt with $570,000 in funding.


Chinese gaming and entertainment startup Talon closes $5m Series A funding to accelerate growth
Published: 25-11-2021 | 12:31:00 | By: Pie Kamau
Talon, the Hong Kong headquartered competitive gaming, entertainment and culture brand announced it has secured $5 million in equity capital in its Series A financing round.


Kenyan gaming startup Usiku Games develops Africa’s first mobile football game
Published: 23-11-2021 | 07:28:00 | By: Pie Kamau
Kenyan gaming startup Usiku Games unveiled an amateur football mobile game to promote outdoor physical activities and encourage sportsmanship among youths in East Africa.


Virginia medtech and sportstech startup OxiWear closes pre-seed funding round at $1.25m
Published: 19-11-2021 | 12:26:00 | By: Pie Kamau
OxiWear announced it successfully closed a pre-seed funding round at $1.25 million, oversubscribed above its goal of $750,000.


PGA TOUR and WWE Join the Comcast NBCUniversal SportsTech Accelerator as advisors to its upcoming class of rising startups
Published: 09-11-2021 | 17:15:59 | By: Bob Koigi
Comcast NBCUniversal has announced that PGA TOUR and WWE® have joined the Comcast NBCUniversal SportsTech Accelerator, powered by Boomtown, as advisors when it commences its second cohort of startups in February 2022.


Fantasy football startup Sorare raises $680m Series B to create next sports entertainment giant leveraging NFTs
Published: 21-09-2021 | 08:59:00 | By: Pie Kamau
Sorare, the fantasy football platform, announced it has raised $680 million in Series B financing led by Softbank, with participation from Atomico, Bessemer Ventures, D1 Capital, Eurazeo, IVP and Liontree.


Sports investing platform PredictionStrike raises $1.7m capital, launches new mobile app
Published: 08-09-2021 | 11:33:00 | By: Pie Kamau
Sports investing platform PredictionStrike announced its partnership with MaC Venture Capital and New Age Capital, as well as the launch of the company's new mobile app.


Sharp Alpha Advisors announces sports betting startup pitch competition in partnership with Sportradar
Published: 01-09-2021 | 13:50:00 | By: Pie Kamau
Sharp Alpha Advisors, a firm specializing in early-stage sports betting technology, and Sportradar, a global provider of sports betting and sports entertainment products and services, have partnered to announce a sports betting startup pitch competition.


Videogame startup Nifty Games raises $38m capital to redefine mobile sports games
Published: 01-09-2021 | 13:32:00 | By: Pie Kamau
Nifty Games, a videogame developer and publisher focused on quick-session, head-to-head sports games for mobile, raised $26 million in a Series B round of equity funding led by Vulcan Capital. In addition, the company has secured $12 million in connected debt financing.


Mobile sports betting startup ZenSports receives its Nevada gaming license
Published: 24-08-2021 | 15:31:00 | By: Pie Kamau
ZenSports, the mobile sports betting app that offers consumers more choices and a better design than any other platform, has officially received its non-restricted gaming license from the Nevada Gaming Control Board.


Hybrid gaming startup and broadcaster Live Play Mobile launches 24-hour-a-day live-hosted social casino game
Published: 19-08-2021 | 12:35:00 | By: Pie Kamau
Live Play Mobile, a new social gaming platform developer that combines live TV formats with mobile games, has become the first publisher to launch a 24-hour-a-day, live-hosted social casino game with its debut title, Live Play Bingo.


Sports technology and gaming startup StatusPRO raises $5.2m seed round to accelerate growth
Published: 13-08-2021 | 15:07:00 | By: Pie Kamau
StatusPRO, a sports technology and gaming company that combines player data, augmented reality (AR) and virtual reality (VR) to create a suite of training and gaming products, announced it has raised a $5.2 million seed round.


Tech startup Sport Source launches two-way marketplace to discover and book physical activity spaces
Published: 05-08-2021 | 13:24:15 | By: Pie Kamau
Sport Source, the tech startup that connects people with available facilities in their area to participate in the activities they love; basketball, tennis, swimming and more, announced its launch in the App Store.


HYPE GVA 2.0 NFTs startup MyLads seals €7.6m investment round
Published: 29-07-2021 | 14:55:00 | By: Pie Kamau
HYPE Sports Innovation, GVA 2.0 NFTs startup, MyLads, a player in Augmented Reality (AR) Sports Fan Engagement, has closed a €7.6 million Seed Investment Round led by Riva Technology and Entertainment (RTE).


Virtual cycling startup Velocity secures $3.4m in seed round funding
Published: 27-07-2021 | 13:48:00 | By: Pie Kamau
Vision Quest Velocity LLC, an early-stage virtual cycling startup, announced it has raised $3.4 million in seed round funding, led by strategic financial partners.


Shaquille O'Neal invests in at-home fitness startup MAXPRO
Published: 02-06-2021 | 16:32:00 | By: Pie Kamau
MAXPRO, the startup making at-home and connected fitness accessible to all, announced a strategic partnership with basketball Hall of Famer and entertainment icon Shaquille O'Neal.


AI startup Bodbox's workout device goes global
Published: 28-05-2021 | 13:49:00 | By: Pie Kamau
AI startup company Bodbox officially opened doors to a limited pre-sale of its American made Mark3 to notable success, selling to everyone from national governing bodies of sport to NBA teams, and is slated for a September 2021 public release.


University of Michigan's Desai Accelerator invests in four startups to launch 2021 cohort
Published: 19-05-2021 | 10:14:00 | By: Pie Kamau
The Desai Accelerator, a University of Michigan accelerator open to early-stage alumni startups, announced the four companies accepted into its 2021 cohort.


[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.


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.


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.


Mobile sports betting startup ZenSports closes $2.4m Series A round funding
Published: 16-03-2021 | 13:58:00 | By: Pie Kamau
ZenSports, the next-generation mobile sports betting app that offers both a traditional book plus peer-to-peer sports betting platform using fiat or cryptocurrencies, has announced the close of its new $2.4 million in Series A funding.


The African youth powering a gaming revolution
Published: 19-01-2021 | 12:45:00 | By: Bob Koigi
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.


AI video game wagering startup PLLAY launches MicroVentures campaign, builds on $3m seed round
Published: 18-12-2020 | 12:20:00 | By: Pie Kamau
PLLAY, a skill-based video game wagering platform, officially launched a campaign on MicroVentures, an equity-based crowdfunding website, opening an investment opportunity to the public.


Singapore-based blockchain startup AnRKey X lists native token $ANRX on Bithumb Global and Uniswap
Published: 18-12-2020 | 11:20:00 | By: Pie Kamau
Singapore-based blockchain startup, AnRKey X, announced that $ANRX will be listed on both Bithumb Global and Uniswap.


South African startup myFanPark merges with Starsona to create a global celebrity engagement platform
Published: 04-12-2020 | 11:19:00 | By: Pie Kamau
South African startup myFanPark has announced its merger with Silicon Valley-based celebrity engagement platform Starsona.


Video game wagering startup PLLAY secures $3m seed round to accelerate growth
Published: 01-12-2020 | 12:49:00 | By: Pie Kamau
PLLAY, a skill-based video game wagering platform, has closed a $3 million seed funding round led by Screen Play Ventures.


Community app Malaeb joins MENA's sportstech accelerator, Vooora
Published: 01-12-2020 | 07:31:00 | By: Pie Kamau
Vooora Ventures, the first SportsTech Accelerator in MENA, powered by Kooora.com, the digital sports platform in the Arab World, signed an acceleration partnership agreement with Malaeb, a community app that connects people through sports.


ESL and DreamHack merge to shape the future of E-sports and gaming
Published: 01-10-2020 | 16:49:00 | By: Bob Koigi
ESL, the world's largest esports company, and DreamHack, the premier gaming lifestyle festival company, have merged organizations to further accelerate their mission to shape the future of esports and gaming.


Wisdom Gaming Group receives $3 million financing to grow esports marketing platform
Published: 19-09-2020 | 10:24:47 | By: Bob Koigi
As esports consumption continues to grow rapidly worldwide, Wisdom Gaming Group, a digital media company specializing in esports content and experiences, has announced that it has secured $3 million in Series A funding.


ZenSports closes additional $1.46m Seed funding for U.S. and international expansion
Published: 18-09-2020 | 12:52:00 | By: Pie Kamau
ZenSports, the mobile peer-to-peer sports betting marketplace announced a new $1.46 million Seed round of funding to expand into the United States, as well as to continue to grow its international presence.


Biorez secures $3.5 million funding to advance tendon and ligament repair innovation
Published: 11-09-2020 | 09:17:00 | By: Bob Koigi
Biorez, Inc., a US medical device startup advancing tendon and ligament repair has raised $3.5 million in its Series Seed financing, adding to $3.5 million raised previously.


Sporttrade, Twin River Worldwide Holdings partner to offer online sports betting in New Jersey
Published: 25-08-2020 | 14:41:00 | By: Pie Kamau
Sporttrade, Philadelphia based sports betting startup has entered into a multi-year partnership with Twin River Worldwide Holdings, for the launch of Sporttrade's proprietary sports betting exchange product in the state of New Jersey.


Seattle based startup Polyarc raises $9 million for augmented reality development
Published: 29-07-2020 | 13:08:00 | By: Pie Kamau
Seattle based startup Polyarc announced the close of its $9 million Series B fund raise led by Hiro Capital, followed by Vulcan Capital, an existing investor, and Galaxy Interactive via its Galaxy EOS VC Fund.


EHF Marketing GmbH, Monaco startup IQONIQ partner to drive fan engagement in European club handball competitions
Published: 29-07-2020 | 12:45:00 | By: Pie Kamau
EHF Marketing GmbH, the marketing subsidiary of the European Handball Federation, announced its partnership with IQONIQ, an innovative new fan engagement platform made for sports and entertainment.


Monaco headquartered startup IQONIQ secures €100m for global expansion
Published: 29-07-2020 | 12:21:00 | By: Pie Kamau
IQONIQ, a new fan engagement platform exclusively targeting the world of sports and entertainment, announced it has entered into a €100 million capital funding agreement with the Luxembourg based investment corporation Lux Media Investments.


[Startup Interview] Veer Varma, Founder, CoachDirect, India
Published: 16-06-2020 | 12:31:09 | By: Bob Koigi
CoachDirect is an Indian-based startup that works with schools and gated communities by providing sports, wellness and life coaching services. The startup CEO Veer Varma elaborates.


UK cryptocurrency startup Plutus announces partnership with Nike
Published: 04-06-2020 | 15:23:00 | By: Bob Koigi
London-based Plutus​, a Fintech firm has announced an affiliate partnership with sports apparel giant, Nike.


US startup Nifty Games raises over $12 million in Series A financing
Published: 25-04-2020 | 10:14:30 | By: Bob Koigi
Nifty Games Inc., a developer and publisher focused on quick-session, head-to-head sports games for mobile devices, has secured more than $12 million in Series A financing, with $15 million raised to date.


[Startup Interview] Rich Cheary, CEO, PT SportSuite, South Africa
Published: 26-02-2020 | 12:52:00 | By: Bob Koigi
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