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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3793795 | Tags:

HAVAÍC leads a R12 million investment in South African startup RNR
Published: 19-04-2024 | 17:07:51 | By: Bob Koigi
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
Published: 16-10-2023 | 13:35:00 | By: Pie Kamau
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
Published: 28-09-2023 | 15:55:00 | By: Pie Kamau
Revio has announced a seed investment round of $5.2m.


Irish Tech Challenge 2023 for tech startups launches in South Africa
Published: 07-09-2023 | 14:48:00 | By: Pie Kamau
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
Published: 29-08-2023 | 11:46:00 | By: Pie Kamau
Cloud computing has undergone evolution.


On-demand logistics and delivery startup Picup opens driver training centres in South Africa
Published: 18-08-2023 | 13:20:00 | By: Pie Kamau
Picup has launched its Driver Training Centres in Cape Town.


[Column] Nchaupe Khaole: Unlocking South Africa's technology investment potential
Published: 25-07-2023 | 10:06:00 | By: Pie Kamau
Technology enabled businesses and the solutions they develop represent growth.


World Bank awards 10 Southern African fintech startups with $5k each
Published: 14-07-2023 | 15:49:00 | By: Pie Kamau
10 Southern African fintech startups have each received $5,000 from the World Bank.


[Interview] Renate Swanepoel, COO, INC. Networking
Published: 07-06-2023 | 15:43:00 | By: Pie Kamau
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker.


How payment technology is changing the rulebook on South African retail
Published: 31-05-2023 | 10:48:00 | By: Pie Kamau
The past few years have seen the proliferation of new methods of transacting.


Absa acquires minority stake in South African agritech startup Khula!
Published: 18-05-2023 | 14:33:00 | By: Pie Kamau
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
Published: 12-05-2023 | 13:12:00 | By: Pie Kamau
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
Published: 11-05-2023 | 14:20:00 | By: Pie Kamau
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
Published: 03-05-2023 | 09:12:00 | By: Pie Kamau
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.


Chinese Venture Capital firm CCV signs UNPRI, makes commitment to responsible, sustainable living
Published: 14-03-2023 | 09:55:00 | By: Pie Kamau
The United Nations-supported Principles for Responsible Investment (UNPRI) has admitted CCV, an Asian-based early-stage VC firm as a signatory, making CCV one of the first Asian investment-focused signatories.


[Column] Marilyn Moodley: Conquering the biggest cloud adoption challenges with an effective strategy
Published: 06-03-2023 | 12:42:00 | By: Pie Kamau
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.


Renewable energy startup PAM Africa launches first ever net zero villages in Nigeria
Published: 28-02-2023 | 13:28:39 | By: Pie Kamau
PAM Africa, a Nigerian renewable energy startup has launched Net-Zero Villages (NZVs) consisting of a community that is designed with a whole system thinking approach to offset more greenhouse gases (GHG) than it produces.


South African healthtech startup Envisionit raises $1.65m to expand access to medical imaging
Published: 28-02-2023 | 12:20:00 | By: Pie Kamau
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
Published: 23-02-2023 | 14:59:00 | By: Pie Kamau
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
Published: 23-02-2023 | 13:45:00 | By: Pie Kamau
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?
Published: 22-02-2023 | 13:38:00 | By: Pie Kamau
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
Published: 17-02-2023 | 09:54:00 | By: Pie Kamau
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.


Swiss startup Taurus raises $65m to further develop its digital asset platform, fuel international expansion
Published: 14-02-2023 | 08:30:00 | By: Pie Kamau
Taurus, the digital asset infrastructure provider for financial institutions in Europe, announced a $65 million Series B capital raise from strategic investors.


South African grocery delivery startup Yebo Fresh raises 4.5m pre-Series A funding to fuel expansion
Published: 06-02-2023 | 15:15:00 | By: Pie Kamau
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
Published: 06-02-2023 | 14:32:00 | By: Pie Kamau
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.


Raven Indigenous Capital Partners closes $100m venture capital fund to support native American entrepreneurs
Published: 02-02-2023 | 12:40:00 | By: Pie Kamau
Raven Indigenous Capital Partners announced the final closing of a $100 million Indigenous venture capital fund that provides patient capital and a culturally grounded community of support.


[Startup Interview] Don Okoth, General Manager, Sendy, Kenya
Published: 31-01-2023 | 10:55:00 | By: Pie Kamau
Don Okoth is General Manager for Kenyan Fulfillment and Logistics startup Sendy. In this interview, he talks about the current state of logistics in Kenya and beyond, including Sendy's role in shaping the industry.


Hatchfi launches out of beta, raises $1.2m pre-seed to enable fintech apps bridge the gap to Web3
Published: 31-01-2023 | 10:47:00 | By: Pie Kamau
Hatchfi, a crypto integration platform that allows users to seamlessly connect crypto accounts to any app like they would a bank account, launched out of beta on the heels of a $1.2 million pre-seed raise.


Adenia Partners announces $300m first close for fund V
Published: 31-01-2023 | 10:33:00 | By: Pie Kamau
Adenia Partners , a private markets investment firm committed to responsible investing and a sustainable Africa, has announced the first close of its fifth flagship fund, Adenia Capital (V) L.P. with $300 million commitments from investors.


Kenyan healthtech startup Zuri Health raises funding to expand across Africa
Published: 31-01-2023 | 10:25:00 | By: Pie Kamau
Kenyan healthtech startup Zuri Health announced it has raised an undisclosed amount of funding from Moroccan VC UM6P Ventures. The funds will be used to support Zuri’s growth and expansion across Africa.


Fulcrum Venture announces fifth cohort of its accelerator program
Published: 31-01-2023 | 10:16:00 | By: Pie Kamau
After reviewing hundreds of startups, Fulcrum Venture Accelerator, the startup accelerator for mission-driven entrepreneurs, announced its fifth cohort of promising young companies set to graduate in March 2023. 


Startup Genome partners with Endeavor to research the Detroit region's entrepreneurial ecosystem
Published: 31-01-2023 | 09:51:00 | By: Pie Kamau
Startup Genome and Endeavor are working together to study and support the Detroit region's entrepreneurial and innovation ecosystem development.


Climate finance trading platform Senken raises $7.5m to streamline and expand carbon markets offerings
Published: 30-01-2023 | 10:52:00 | By: Pie Kamau
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.


Swedish AI startup Viking Analytics raises more than €3m Series A funding for global expansion
Published: 30-01-2023 | 10:32:00 | By: Pie Kamau
Viking Analytics, a Swedish startup developing AI-based machine health monitoring technology, announced the closing of its Series A round, co-led by Belgium-based Finindus and Sweden-based Industrifonden.


Free From Market raises $2.1m seed round for its food is medicine platform to treat chronic health conditions
Published: 30-01-2023 | 09:59:00 | By: Pie Kamau
Free From Market (FFM), the patient-driven digital platform, announced it has closed a $2.1 million seed investment.


Las Vegas startup Roots Homes raises $2.2m to make homeownership easy for Millennials and Gen Z
Published: 30-01-2023 | 09:22:00 | By: Pie Kamau
Roots Homes, the Las Vegas-based startup pioneering fractional homeownership, announced a $2.2 million funding round led by Other Ventures, with participation from Behind Genius Ventures.


European digital asset platform Bitpanda launches SaaS product for banks, fintechs
Published: 30-01-2023 | 09:08:00 | By: Pie Kamau
Bitpanda, a European digital asset platform, announced the launch of Bitpanda Technology Solutions, the most scalable Investing-as a-service infrastructure available in Europe and globally.


Nordics-focused LP firm Monterro announces final close of small-cap fund at €150m hard cap
Published: 27-01-2023 | 12:06:00 | By: Pie Kamau
Monterro, the Nordic B2B software investor, announced the final close of Monterro G1 at its €150m hard cap, including a 24% GP commitment.


Mobility startup BasiGo and AVA to assemble 1,000 electric buses in Kenya
Published: 27-01-2023 | 11:44:00 | By: Pie Kamau
BasiGo, the Kenyan-based electric manufacturer has partnered with the Associated Vehicle Assemblers (AVA), to assemble its buses in the country.


Pegasus Tech Ventures launches $100m fund with Japanese chemicals and life science company Denka
Published: 27-01-2023 | 11:34:00 | By: Pie Kamau
Pegasus Tech Ventures (Pegasus), a global venture capital firm that is headquartered in the Silicon Valley, has established a $100 million corporate venture capital fund with Denka.


Battery recycling startup Redivivus receives funding from ENEOS Innovation Partners to accelerate growth
Published: 27-01-2023 | 11:21:00 | By: Pie Kamau
Redivivus, a lithium-ion battery recycling startup, announced an investment from ENEOS Innovation Partners, a corporate venture capital firm committed to delivering new energy, materials, and services.


Catalyst Fund invests $2m in 10 startups to improve resilience to climate change in Africa
Published: 27-01-2023 | 11:05:00 | By: Pie Kamau
Pre-seed venture capital (VC) fund and accelerator Catalyst Fund, announced a $2 million investment in 10 startups developing solutions to improve the resilience of communities most vulnerable to climate change in Africa.


Sustainable mobility startup eWAKA receives 500K CHF loan to accelerate growth
Published: 27-01-2023 | 10:54:00 | By: Pie Kamau
eWAKA, one of Africa’s most promising sustainable mobility startups, has received strategic support from the State Secretariat for Economic Affairs (SECO) Start-up Fund of the Swiss Confederation.


Irish agritech startup Proveye secures €1m seed funding to accelerate growth
Published: 26-01-2023 | 14:05:00 | By: Pie Kamau
Irish agritech startup Proveye, a pioneer in remote sensing image analysis for agriculture, announced the closing of €1 million seed funding round to advance the company’s growth strategy. 


Top 10 digital health startups in 2023 according to Plug and Play
Published: 26-01-2023 | 13:36:00 | By: Pie Kamau
New trends don’t materialize at the start of the year, but it is still a great time to reflect on the past year and see what topics will fill newsfeeds and dominate conversations in the digital health space in 2023.


Michigan State University biotech startup Iaso Therapeutics closes $1.25m equity series seed preferred financing
Published: 26-01-2023 | 13:02:00 | By: Pie Kamau
Iaso Therapeutics closed the first tranche of the company's $1.25 million series seed preferred round of financing.


HLTH Foundation launches coalition to help integrate health equity standards into healthcare tech and data practices
Published: 26-01-2023 | 11:42:00 | By: Pie Kamau
HLTH Foundation announced the formation of the Techquity for Health Coalition, with a mission to assimilate health equity considerations into healthcare technology innovation and data practices.


Memfault raises $24m Series B funding to supercharge its IoT reliability platform
Published: 26-01-2023 | 10:40:00 | By: Pie Kamau
Memfault, the IoT reliability platform, announced a $24 million Series B funding round, led by Stripes with additional participation from existing investors Partech Partners and Uncork Capital as well as the 5G Open Innovation Lab.


Belgian SMEs management software Odoo opens local office in Australia
Published: 26-01-2023 | 09:21:00 | By: Pie Kamau
Belgian company Odoo, an all-in-one integrated business solution for Small and medium-sized enterprises (SMEs), announced it is setting up shop in Australia. 


African tech ecosystem raised $6.5 billion in 2022, report
Published: 25-01-2023 | 12:40:00 | By: Pie Kamau
Partech Africa, the VC fund dedicated to technology startups in Africa, has issued its annual report on Africa Tech Venture Capital, which reveals that despite the global VC downturn, the African tech ecosystem grew faster than all other markets globally. 


Sofia-based EV charging platform AMPECO raises $13m Series A funding to expand in the US
Published: 25-01-2023 | 12:31:00 | By: Pie Kamau
AMPECO, a Sofia-based white-label EV charging management software platform, closed a Series A funding round of $13 million led by BMW i Ventures.


RIMAC Seguros joins Plug and Play's health platform in Silicon Valley
Published: 25-01-2023 | 10:45:00 | By: Pie Kamau
RIMAC Seguros, an insurance company in Peru with 3 million customers, has entered into a strategic partnership with Plug and Play Tech Center, the world's corporate innovation platform based in Silicon Valley.


Video AI startup ShortTok appoints Jayan Eledath as CTO to accelerate innovation, drive growth
Published: 25-01-2023 | 10:26:00 | By: Pie Kamau
ShortTok, an early-stage software company developing automated visual storytelling technologies, announced the appointment of Jayan Eledath as the new Chief Technology Officer (CTO) to accelerate innovation and drive growth.


Japan headquartered drone and Urban Air Mobility startup Terra Drone raises $14m funding to accelerate growth
Published: 25-01-2023 | 09:59:00 | By: Pie Kamau
Terra Drone, a drone and Urban Air Mobility (UAM) technology provider, has raised $14 million in funding from Wa'ed Ventures, the venture capital arm of the biggest oil producer in the world, Aramco.


Madrid-based VC firm Mundi Ventures appoints Delfin Rueda as General Partner and CFO
Published: 24-01-2023 | 13:57:00 | By: Pie Kamau
Mundi Ventures, a global venture capital firm investing in early and growth stage technology ventures, announced the addition of Delfin Rueda to the team as General Partner and CFO.


11 African startups selected for Cohort 3 of ASIP Accelerator Program
Published: 24-01-2023 | 13:26:00 | By: Pie Kamau
Eleven African startups have been selected to join the third cohort of the Africa Startup Initiative Program (ASIP). The accelerator program is powered by Startupbootcamp AfriTech together with its founding partner and leading telecom giant, Telecel Group.


Terminal49 secures $6.5m Series A to power ocean freight visibility and automation
Published: 24-01-2023 | 13:13:00 | By: Pie Kamau
Terminal49, the ocean freight visibility platform, announced it has secured $6.5 million in Series A funding led by Stage 2 Capital and co-lead by Grand Venture Partners, with follow-on participation from seed stage investors.


Next-gen employee payments startup Grazzy raises $4.25m to power hospitality's future of digital tips
Published: 24-01-2023 | 12:57:00 | By: Pie Kamau
Grazzy, a next-gen employee payments platform, announced a $4.25 million seed funding from Next Coast Ventures and Tuesday Capital to fuel expansion and growth of its digital tipping.


Business-focused insurtech Coverdash announces launch after oversubscribed seed round
Published: 24-01-2023 | 12:37:00 | By: Pie Kamau
Coverdash, a fully-digital business insurance startup providing simplified insurance solutions to businesses of all shapes and sizes, announced the company's official launch and the closing of an oversubscribed seed funding round.


Oklahoma universities, Tulsa Innovation Labs partner to launch Canopy HealthTech
Published: 24-01-2023 | 12:23:00 | By: Pie Kamau
The University of Oklahoma, University of Tulsa, Oklahoma State University, and Tulsa Innovation Labs, announced the launch of Canopy HealthTech, a new multi-year initiative to accelerate the commercialization of virtual health innovations.


Highland Europe closes €1 billion fund to back growth-stage tech startups
Published: 23-01-2023 | 14:35:00 | By: Pie Kamau
Highland Europe announced it has closed its fifth fund, raising €1 billion to double down on its strategy of backing the Continent’s most outstanding founder-led teams in software and internet businesses.


Bangkok-based healthcare marketplace HD raises $6m funding, launches HDcare service for elective surgeries
Published: 23-01-2023 | 14:15:00 | By: Pie Kamau
Bangkok-based healthcare marketplace HD, announced a $6 million funding to improve accessibility and affordability of healthcare services and elective surgeries in emerging Southeast Asia.


5 key insurance industry trends in EMEA region according to Plug and Play
Published: 23-01-2023 | 13:50:00 | By: Pie Kamau
Insurance industry trends over the past year have been significant, especially across Europe, the Middle East, and Africa (EMEA) region.


New startup PinHearts launches in Atlanta, GA
Published: 23-01-2023 | 13:11:00 | By: Pie Kamau
An Atlanta, Georgia-based startup that prints dynamically-generated custom maps commemorating life's special moments announced the official launch of their brand and real-time mapping platform, PinHearts.


Plug and Play China launches call for global startup applications
Published: 23-01-2023 | 11:53:00 | By: Pie Kamau
Global innovation platform Plug and Play has announced a strategic partnership with the Hong Kong Science and Technology Parks Corporation (HKSTP) and launched a call for entries for the Elevator Pitching Competition 2023 (EPiC 2023).


Food Foundry accelerator announces fifth cohort of early-stage foodservice startups
Published: 23-01-2023 | 11:42:00 | By: Pie Kamau
Food Foundry, an accelerator program built by Relish Works and Gordon Food Service for early-stage startups disrupting the food and foodservice industry, announced the five startups that will join the fifth cohort starting in January 2023.


Web3 payments startup SphereOne raises $2.5m to build crypto for grandmas
Published: 23-01-2023 | 10:31:00 | By: Pie Kamau
SphereOne, a crypto payment platform that allows users to make purchases with any cryptocurrency, across any blockchain, announced the closing of a $2.5 million seed round.


German AI-powered road infrastructure SaaS startup vialytics nabs $10m Series A funding to accelerate global expansion
Published: 20-01-2023 | 10:07:00 | By: Pie Kamau
European market AI-powered road infrastructure SaaS startup vialytics has secured a $10 million Series A investment led by venture capital investor Scania Growth Capital.


[Column] Mikhail Marchenko: Major fintech trends that will affect online businesses in 2023
Published: 20-01-2023 | 09:25:00 | By: Pie Kamau
Digitalization and technological achievements, which have been observed in the African region for the past decade, have sped up the inevitable processes in fintech, changing its landscape completely.


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.


African startups land deals at European tech events
Published: 20-01-2023 | 09:02:00 | By: Pie Kamau
Seven African tech companies wooed investors, networked and showcased their products at two of the world’s biggest tech gatherings in Europe.


Former CEO of BMW Manufacturing Knudt Flor joins South Carolina startup Delta Bravo
Published: 20-01-2023 | 08:54:00 | By: Pie Kamau
Retired BMW Manufacturing CEO Knudt Flor has been appointed to the newly created advisory board at predictive analytics company Delta Bravo Artificial Intelligence (Delta Bravo AI).


Matchstick Ventures-backed startup Bean emerges from stealth to democratize the market for accounting services
Published: 20-01-2023 | 08:06:00 | By: Pie Kamau
Bean, a Matchstick Ventures-backed digital accounting startup, announced it emerged from stealth to democratize the market for accounting services.


Toronto-based startup Credential Sentry automates occupational license verification to combat negligent hiring and retention
Published: 20-01-2023 | 07:50:00 | By: Pie Kamau
Toronto-based startup Credential Sentry, has developed an advanced data analytics algorithm to streamline the credential verification process for businesses operating in licensed industries.


Swedish solar power startup SunRoof raises €13.5m growth round to expand across Europe and the US
Published: 19-01-2023 | 11:55:00 | By: Pie Kamau
Swedish solar power startup SunRoof announced it has raised €13.5 million growth round extension to bring its pioneering solar roof system to more homeowners worldwide.


Deal Box launches venture arm to invest $125m in foundational Web 3 technologies
Published: 19-01-2023 | 11:22:00 | By: Pie Kamau
Deal Box, a capital markets advisory and secure token offering packaging platform, announced the launch of Deal Box Ventures, a venture arm that will invest $125 million in startups that leverage foundational Web 3 technologies.


YouBiz research reveals key trends and challenges facing Southeast Asian SMEs in 2023
Published: 19-01-2023 | 11:00:00 | By: Pie Kamau
YouBiz, the SME spend management platform by YouTrip, launched its first whitepaper studying emerging business spending trends and key business priorities for SME in 2023.


Innovation scale-up Wazoku launches Mindpool SME to help small businesses capture employee insights
Published: 19-01-2023 | 10:41:00 | By: Pie Kamau
Innovation scale-up Wazoku announced it has launched Mindpool SME, an employee insights dashboard that makes it simpler & faster for SMEs to listen to, understand, and act on employee insights.


Future-of-work platform gigaroo launches out of stealth to transform the service industry employment market
Published: 19-01-2023 | 10:21:00 | By: Pie Kamau
gigaroo, the future-of-work platform that matches service industry employers with relevant Gen-Z job-seekers, announced it has raised multi-million dollar pre-seed round of investment from ATX Venture Partners.


Agritech startup EarthOptics secures $27.6m Series B funding to advance data-driven agriculture through actionable soil insights
Published: 19-01-2023 | 09:33:00 | By: Pie Kamau
EarthOptics, a pioneer in soil measurement and insights, announced a $27.6 million round of funding led by Conti Ventures.


Metaverse development startup Virtualtech Frontier secures seed funding to further develop its Mitoworld platform
Published: 18-01-2023 | 15:51:00 | By: Pie Kamau
Virtualtech Frontier (VTF), a metaverse development company, has secured seed round funding from Blockchain Founders Fund (BFF), joining forces with seed investor 500 Global.


Trackunit acquires German construction tech startup Flexcavo to accelerate growth
Published: 18-01-2023 | 15:14:00 | By: Pie Kamau
Global IoT services provider Trackunit, announced it has closed a deal for Germany's construction tech startup Flexcavo, enabling the telematics specialist to extend its reach in the contractor market.


Tax and accounting solution provider TaxBit acquires digital asset accounting startup Tactic
Published: 18-01-2023 | 14:58:00 | By: Pie Kamau
TaxBit, the tax and accounting provider for the digital asset economy, announced the acquisition of Tactic, a digital asset financial accounting platform that offers a streamlined accounting subledger.


Finance software startup Quartr partners with Lightyear to bring free and easy-to-access company information for investors across Europe
Published: 18-01-2023 | 14:28:00 | By: Pie Kamau
Finance software startup Quartr, signed an API deal with Lightyear, an online broker based in London, serving customers in 20 countries across Europe.


Infant nutrition startup NAMUH partners with Ginkgo Bioworks to produce multiple infant nutrition products
Published: 18-01-2023 | 14:11:00 | By: Pie Kamau
Infant nutrition startup NAMUH and Ginkgo Bioworks, announced a collaboration to develop functional oligosaccharides that are structurally identical to those found in human breast milk.


London-based hospitality tech startup HotelRunner snaps $6.5m investment to accelerate global growth
Published: 17-01-2023 | 14:19:00 | By: Pie Kamau
HotelRunner, the global hospitality and travel technology provider, announced the closing of $6.5 million Series A round to accelerate global growth.


Kenyan fintech startup Kwara raises $3m seed extension
Published: 17-01-2023 | 14:02:00 | By: Pie Kamau
Kenyan fintech startup Kwara has raised a $3 million seed extension. The new investment was led by existing backers DOB Equity, Globivest and the founder of Kobalt Music.


Wallet-as-a-service startup MSafe raises $5m seed round to develop multi-signature solutions
Published: 17-01-2023 | 13:47:00 | By: Pie Kamau
MSafe (Momentum Safe), a trailblazer in developing the first multi-signature wallet solution on the Aptos / Move ecosystem, announced the completion of a $5 million seed round.


Herself healthtech startup raises $7m funding, opens first clinic to transform advanced primary care for women
Published: 17-01-2023 | 11:43:00 | By: Pie Kamau
Herself Health, a healthcare technology company designed to deliver advanced primary care to women over 65, received $7million seed round funding led by founding partner Juxtapose.


Italian biotech startup Diamante closes €595K seed round to accelerate growth
Published: 17-01-2023 | 10:57:00 | By: Pie Kamau
Diamante, a female-led Italian biotechnology company focused on the use of plants for producing high value-added molecules, closes €595K as a second seed round led by Arieli Capital.


Latvia-based startup Aerones raises $30m to scale its robot-enabled services globally
Published: 16-01-2023 | 12:29:00 | By: Pie Kamau
Aerones, the Latvia-based robot-enabled wind turbine maintenance and inspection startup, announced it has secured $30 million in growth capital to scale its business globally.


Nigerian fintech firm TeamApt reaches annualized payments volume of $170 billion, rebrands to Moniepoint
Published: 16-01-2023 | 12:07:00 | By: Pie Kamau
TeamApt Incorporated, the business banking platform in Nigeria, has adopted the name of its flagship product - Moniepoint, a testament to its success as the all-in-one digital banking solution for businesses.


AI-powered sales assistant Attention raises $3.1m funding
Published: 16-01-2023 | 11:58:00 | By: Pie Kamau
Attention, the AI-powered sales assistant helping teams overcome inefficiencies at every stage of the sales cycle, announced its $3.1 million funding round led by Eniac Ventures.


Beijing-based Astro-E closes seed round financing to accelerate growth
Published: 16-01-2023 | 11:35:00 | By: Pie Kamau
Astro-Energy Technology (Astro-E), a Chinese provider of household new energy products and systems, raised an undisclosed amount in Seed funding led by CAS Venture Capital, followed by Asia Green Fund (AGF) and Ningbo Angel Capital Guiding Fund.


Terramera creates enrichAg to commercialize transformative soil analysis platform with $6m from At One Ventures
Published: 16-01-2023 | 10:56:00 | By: Pie Kamau
Terramera announced the formation of its new majority-owned subsidiary, enrichAg, which will focus on commercializing its soil enrichment platform. The seed round is led with a $6 million investment from AOV.


Contextual marketing startup Digiphy connects brands directly to customers one scan at a time
Published: 16-01-2023 | 10:43:00 | By: Pie Kamau
Digiphy, a contextual marketing startup is disrupting the status quo by empowering brands to connect directly with customers from every product and physical touchpoint.


French pharma Amolyt raises $138m Series C funding to advance its pipeline of therapeutics
Published: 13-01-2023 | 09:20:00 | By: Pie Kamau
Amolyt Pharma, a global company specialized in developing therapeutic peptides for rare endocrine and related diseases, announced the closing of €130 million Series C equity financing.


Scotland-based healthtech startup PneumoWave raises £7.5m Series A funding to accelerate clinical validation
Published: 13-01-2023 | 09:04:00 | By: Pie Kamau
Scotland-based remote monitoring device startup PneumoWave announced the closing of £7.5 million Series A financing which will enable clinical validation.


Boulder-based startup Hickey Hack develops first ever concealer for hickeys
Published: 13-01-2023 | 08:34:00 | By: Pie Kamau
Hickey Hack, a startup based in Boulder, Colorado, has developed a concealer designed to eliminate hickeys. This is the first time a product like this has ever been created and is a major breakthrough in the cosmetic industry.


Honely partners with NeoZips startup to bring digital U.S. real estate investing tool to the Korean markets
Published: 13-01-2023 | 08:18:00 | By: Pie Kamau
Honely has announced the start of a new partnership with NeoZips, an Irvine startup that provides Korea-based clientele an end-to-end service for investing in American real estate.


Fintech startup PayUp partners with property management software provider ResMan
Published: 13-01-2023 | 08:08:00 | By: Pie Kamau
PayUp, a Rex company, announced it has partnered with ResMan, a property management system that drives profitability and efficiency for nearly a thousand property management companies across the U.S.


Security technology startup receives over $4m for humanitarian support
Published: 13-01-2023 | 07:57:00 | By: Pie Kamau
Secured, a service-disabled veteran owned small business security technology firm, is revolutionizing the field of drone surveillance with the first commercially-available automated AI Object Recognition & Change Detection software.


US-based ServiceNow player Thirdera acquires SilverStorm to expand its business in Europe
Published: 12-01-2023 | 09:52:00 | By: Pie Kamau
Thirdera, the global pure-play provider of workflow-enabled ServiceNow services and solutions, announced it has signed a definitive agreement to acquire SilverStorm Solutions.


Finance software startup Quartr signs deal with Swedish online broker Avanza
Published: 12-01-2023 | 09:20:00 | By: Pie Kamau
Finance software startup Quartr, announced it has passed a significant milestone on its mission to bring the financial community closer together by signing a breakthrough API deal with Sweden's online broker Avanza.


Proptech startup zavvie raises $3.65m funding as consumer change will drive company growth through 2023
Published: 12-01-2023 | 08:56:00 | By: Pie Kamau
Zavvie, a software technology company providing real estate brokerages customized marketplaces for buying and selling solutions, announced the completion of a $3.65 million funding round.


Insurance provider Vouch acquires lending startup Level to scale tech-driven underwriting systems
Published: 12-01-2023 | 08:42:00 | By: Pie Kamau
Vouch, an insurance provider re-thinking business insurance for the technology industry, announced it has acquired lending startup Level and its team of engineers.


Virtualitics named best Los Angeles startup to work for in 2023
Published: 12-01-2023 | 08:27:00 | By: Pie Kamau
Virtualitics, an artificial intelligence and data exploration company, announced it has been named one of the best Los Angeles startups to work for on Built In's 2023 Best Places to Work List.


Healthcare venture capital fundraising and investment remained strong in 2022, SVB reports
Published: 11-01-2023 | 11:42:00 | By: Pie Kamau
SVB released its 12th annual Healthcare Investments and Exits Report which shows venture capital fundraising and investment persisted in 2022.


Dutch healthtech startup Lapsi Health raises $3.7m seed round to accelerate growth
Published: 11-01-2023 | 11:13:00 | By: Pie Kamau
Dutch healthtech startup Lapsi Health announced an oversubscribed $3.7 million seed round to continue its technology development, acquire FDA certification and begin commercialization activities in the USA.


John Deere announces 2023 startup collaborators
Published: 11-01-2023 | 10:59:00 | By: Pie Kamau
Deere & Company has released the names of eight companies chosen for its 2023 Startup Collaborator program.


Techstars Impact Powered by Cox Enterprises announces 2023 class
Published: 11-01-2023 | 10:11:00 | By: Pie Kamau
Techstars Impact Powered by Cox Enterprises announced its 2023 class. The three-month program provides hands-on mentoring, funding, and global connections to 10 for-profit, mission-driven companies.


Philly-based insurtech startup Propeller Bonds raises $6.4m seed funding to accelerate growth
Published: 11-01-2023 | 10:00:00 | By: Pie Kamau
Philly-based insurtech Propeller, announced it has raised $6.4 million in seed funding led by a consortium of industry partners.


Nigerian agritech startup Releaf secures $3.3m pre-Series A funding, unveils new technologies to drive profitability for consumer goods manufacturers
Published: 09-01-2023 | 10:21:00 | By: Pie Kamau
Releaf, a Nigerian agritech startup, has raised $3.3 million in an oversubscribed pre-Series A funding round.


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.


Italian edtech startup Wyblo acquires college communication platform Clay to scale social learning
Published: 09-01-2023 | 09:53:00 | By: Pie Kamau
Wyblo, an Italian edtech startup creating tech to support the training industry, has acquired Clay, a Berlin-based startup that created a digital tool that helps instructors create a social classroom.


Halodi Robotics leverages Ansys simulation to develop humanoid robots to safely work among people
Published: 09-01-2023 | 09:31:00 | By: Pie Kamau
Halodi Robotics is using Ansys simulation software through the Ansys Startup Program to develop its humanoid robots designed to work among humans in everyday environments.


Embedded connectivity startup Blues Wireless raises $32m to accelerate enterprise adoption of cellular IoT
Published: 09-01-2023 | 09:15:00 | By: Pie Kamau
Embedded connectivity startup Blues Wireless (Blues), announced a $32 million Series A1 funding round led by Positive Sum,  including new investors Four Rivers, Northgate, and Qualcomm.


Mendoza Ventures closes $100m early growth fintech fund anchored by Bank of America
Published: 09-01-2023 | 09:04:00 | By: Pie Kamau
Mendoza Ventures, a Latinx-founded Fintech, AI, and Cybersecurity Venture Capital firm, has achieved a first close on its third fund.


Parisian medical device startup Ganymed Robotics banks additional €15m through Series B extension
Published: 05-01-2023 | 13:24:00 | By: Pie Kamau
Ganymed Robotics, the developer of computer vision software and robotics technologies for orthopedic surgeons, announced it has extended its Series B with an additional close of €15 million.


Opsys Tech closes Series C financing round to accelerate production ramp of its automotive-grade true solid-state LiDAR sensors
Published: 05-01-2023 | 13:04:00 | By: Pie Kamau
Opsys Tech, the developer of patented True Solid-State Scanning LiDAR technology, announced the final closing of its Series C financing round.


Taiwanese startup Profet AI closes $5.6m Series A funding round to fuel regional expansion, product development
Published: 05-01-2023 | 12:41:00 | By: Pie Kamau
Profet AI, a Taiwan-based developer of auto machine learning solutions, has raised $5.6 million in a Series A funding round to accelerate its overseas expansion into Japan, Southeast Asia and China.


Wendel invests €15m in Tadaweb to accelerate growth in Europe
Published: 05-01-2023 | 12:18:00 | By: Pie Kamau
Wendel, through its investment arm Wendel Growth, announced it has entered into a definitive agreement to acquire a minority interest of Tadaweb. Wendel will make an equity investment of €15 million to support Tadaweb’s growth.


Aerospace startup Space Kidz India launches satellite with support from Lumina Datamatics
Published: 05-01-2023 | 11:55:00 | By: Pie Kamau
Lumina Datamatics has partnered with Space Kidz India to launch a satellite into outer space. Launched in 2012, Space Kidz India is an aerospace startup designing, developing, and manufacturing small satellites to provide economical and sustainable access.


For women entrepreneurs, the West is the new promised land, report
Published: 04-01-2023 | 16:40:00 | By: Pie Kamau
America's original Westward Expansion was led by entrepreneurs of the day noticing great economic opportunities out of the West. A study by MerchantMaverick.com shows that a new slew of opportunities are appearing in Western states for women entrepreneurs.


New York-based skincare startup Glowbar closes $10m growth capital
Published: 04-01-2023 | 15:31:00 | By: Pie Kamau
Glowbar, the skincare brand whose custom 30-min, $65, clinical-grade facial has made it a breakout success in New York, announced it has received a $10 million growth investment led by Peterson Partners


The Carbon Blockchain expands footprint in Africa with acquisition of Minerva Green
Published: 04-01-2023 | 15:13:00 | By: Pie Kamau
The Carbon Blockchain (TCB), a carbon finance and technology services company that produces high-integrity carbon credits has announced the acquisition of Minerva Green.


Regent Bank names Peter Mullen as Director of Venture and Tech Banking
Published: 04-01-2023 | 14:57:00 | By: Pie Kamau
Regent Bank has named Peter Mullen Director of Venture and Tech Banking, as the migration of talent from traditional innovation hubs like the Bay Area and NYC continues to Midwestern cities.


Indian startup Agaamin launches Web3 in Mauritius
Published: 04-01-2023 | 14:36:00 | By: Pie Kamau
The internet (Web 2.0) as we know is about to be disrupted by the “New Internet”, Web3.0 - also known as the dWeb (Decentralized Web). One of the fundamental building blocks of the internet is its “namespace”.


Fintech enabler Ukheshe secures Series A funding to accelerate international expansion
Published: 22-12-2022 | 10:10:00 | By: Pie Kamau
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
Published: 09-12-2022 | 13:22:00 | By: Pie Kamau
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
Published: 04-11-2022 | 10:16:00 | By: Pie Kamau
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
Published: 27-10-2022 | 12:33:00 | By: Pie Kamau
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
Published: 07-10-2022 | 14:50:50 | By: Bob Koigi
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
Published: 30-09-2022 | 09:40:00 | By: Pie Kamau
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
Published: 15-08-2022 | 12:31:00 | By: Pie Kamau
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
Published: 22-07-2022 | 09:39:00 | By: Pie Kamau
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
Published: 17-06-2022 | 13:58:34 | By: Pie Kamau
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
Published: 14-06-2022 | 17:14:50 | By: Bob Koigi
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
Published: 31-05-2022 | 11:46:00 | By: Pie Kamau
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
Published: 30-05-2022 | 12:11:00 | By: Pie Kamau
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
Published: 10-05-2022 | 09:44:00 | By: Pie Kamau
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
Published: 06-05-2022 | 08:48:00 | By: Pie Kamau
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’
Published: 05-04-2022 | 13:03:00 | By: Pie Kamau
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
Published: 05-04-2022 | 12:45:00 | By: Pie Kamau
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
Published: 23-03-2022 | 12:38:18 | By: Bob Koigi
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
Published: 03-03-2022 | 11:44:00 | By: Pie Kamau
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
Published: 02-03-2022 | 12:12:00 | By: Pie Kamau
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
Published: 21-02-2022 | 14:24:31 | By: Pie Kamau
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
Published: 15-02-2022 | 09:48:00 | By: Pie Kamau
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
Published: 04-02-2022 | 09:27:47 | By: Pie Kamau
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
Published: 04-02-2022 | 09:20:00 | By: Pie Kamau
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
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.


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.


[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.


Adanian Labs opens January 2022 cohort applications for its Venture Building Program
Published: 10-12-2021 | 10:22:45 | By: Bob Koigi
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
Published: 23-11-2021 | 07:07:00 | By: Pie Kamau
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
Published: 18-11-2021 | 10:32:00 | By: Pie Kamau
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
Published: 16-11-2021 | 11:18:18 | By: Pie Kamau
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
Published: 11-11-2021 | 10:49:00 | By: Pie Kamau
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
Published: 11-11-2021 | 08:41:46 | By: Bob Koigi
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
Published: 04-11-2021 | 14:57:09 | By: Bob Koigi
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
Published: 28-10-2021 | 16:44:00 | By: Pie Kamau
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
Published: 30-09-2021 | 15:29:32 | By: Pie Kamau
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
Published: 01-09-2021 | 12:31:00 | By: Pie Kamau
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
Published: 31-08-2021 | 12:35:47 | By: Pie Kamau
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
Published: 16-08-2021 | 13:15:00 | By: Bob Koigi
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.


Naspers Foundry leads $8.3m Series A investment in South African insurtech startup Naked
Published: 06-08-2021 | 14:07:00 | By: Pie Kamau
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
Published: 28-07-2021 | 14:29:00 | By: Pie Kamau
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
Published: 27-07-2021 | 12:13:45 | By: Bob Koigi
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
Published: 14-07-2021 | 11:53:00 | By: Pie Kamau
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
Published: 08-07-2021 | 11:08:00 | By: Pie Kamau
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
Published: 01-07-2021 | 13:48:00 | By: Pie Kamau
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
Published: 29-06-2021 | 13:34:02 | By: Pie Kamau
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
Published: 29-06-2021 | 13:23:16 | By: Pie Kamau
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
Published: 28-05-2021 | 13:59:00 | By: Pie Kamau
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
Published: 20-05-2021 | 14:50:00 | By: Pie Kamau
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
Published: 20-05-2021 | 14:41:16 | By: Pie Kamau
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
Published: 05-05-2021 | 16:02:56 | By: Pie Kamau
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.


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.


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.


Enygma Ventures targets Southern Africa women entrepreneurs with funding opportunities
Published: 02-03-2021 | 14:59:00 | By: Bob Koigi
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
Published: 17-02-2021 | 14:48:07 | By: Bob Koigi
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
Published: 01-02-2021 | 14:23:41 | By: Pie Kamau
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
Published: 01-02-2021 | 14:04:00 | By: Pie Kamau
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
Published: 20-01-2021 | 08:54:00 | By: Pie Kamau
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
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.


[Startup Interview] Tony Botha, Managing Director, carbonTRACK Africa, South Africa
Published: 14-01-2021 | 08:12:00 | By: Bob Koigi
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
Published: 05-01-2021 | 10:46:00 | By: Bob Koigi
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
Published: 16-12-2020 | 15:29:00 | By: Pie Kamau
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
Published: 16-12-2020 | 09:05:40 | By: Bob Koigi
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
Published: 11-12-2020 | 12:42:40 | By: Pie Kamau
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
Published: 07-12-2020 | 19:16:00 | By: Pie Kamau
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
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.


South African fintech startup Ukheshe to acquire Oltio, strengthens partnership with Mastercard
Published: 23-11-2020 | 07:53:00 | By: Pie Kamau
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
Published: 18-11-2020 | 11:25:26 | By: Pie Kamau
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
Published: 16-11-2020 | 12:45:00 | By: Pie Kamau
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
Published: 11-11-2020 | 15:13:00 | By: Pie Kamau
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
Published: 09-11-2020 | 09:20:00 | By: Pie Kamau
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
Published: 04-11-2020 | 11:49:00 | By: Pie Kamau
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
Published: 28-10-2020 | 13:38:53 | By: Pie Kamau
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
Published: 12-10-2020 | 13:08:00 | By: Bob Koigi
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
Published: 08-10-2020 | 09:28:00 | By: Pie Kamau
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
Published: 24-09-2020 | 16:49:00 | By: Pie Kamau
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
Published: 22-09-2020 | 11:02:00 | By: Bob Koigi
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
Published: 08-09-2020 | 15:45:00 | By: Pie Kamau
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
Published: 21-07-2020 | 15:51:00 | By: Pie Kamau
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
Published: 17-07-2020 | 15:22:00 | By: Pie Kamau
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
Published: 14-07-2020 | 17:00:00 | By: Bob Koigi
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
Published: 09-07-2020 | 15:35:37 | By: Bob Koigi
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
Published: 30-06-2020 | 14:07:15 | By: Bob Koigi
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
Published: 30-06-2020 | 13:11:36 | By: Bob Koigi
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
Published: 30-06-2020 | 12:52:00 | By: Pie Kamau
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
Published: 26-06-2020 | 15:05:00 | By: Bob Koigi
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
Published: 11-06-2020 | 14:16:00 | By: Pie Kamau
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
Published: 09-06-2020 | 13:34:00 | By: Pie Kamau
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
Published: 29-05-2020 | 11:49:00 | By: Pie Kamau
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
Published: 18-05-2020 | 15:02:39 | By: Bob Koigi
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
Published: 15-05-2020 | 16:16:00 | By: Bob Koigi
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
Published: 15-05-2020 | 11:03:00 | By: Bob Koigi
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
Published: 08-05-2020 | 18:15:00 | By: Bob Koigi
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
Published: 27-04-2020 | 09:13:00 | By: Bob Koigi
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
Published: 24-04-2020 | 10:27:00 | By: Bob Koigi
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
Published: 04-03-2020 | 12:25:00 | By: Bas Vlugt
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
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


[Startup Interview] Lwazi Nongauza, Executive Director, BTN Mobile, South Africa
Published: 02-08-2019 | 12:42:00 | By: Bas Vlugt
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