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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3762464 | Tags:



San Francisco, London among most developed venture capital cities in the world, report
Published: 23-04-2024 | 17:25:53 | By: Bob Koigi
This dashboard leverages PitchBook data and PitchBook Institutional Research Group methodology to provide a consistently updated ranking system for the size, maturity, and growth rates of the VC ecosystem in leading cities around the world.
































AI powered fintech startup InvestAlert joins NVIDIA Inception
Published: 07-02-2024 | 08:57:00 | By: Pie Kamau






Illumina Ventures Labs launches in US and UK targeting startups advancing human health
Published: 12-01-2024 | 12:22:00 | By: Bob Koigi
Illumina Ventures Labs is part of Illumina Ventures, the premier genomics and precision health venture firm supporting early-stage companies transforming healthcare and our world.






















Edinburgh-based Par Equity launches £100m fund to scale high-growth tech companies
Published: 17-10-2023 | 13:50:00 | By: Pie Kamau
Par Equity has announced the launch of its new venture fund.


Lottie raises £16.35m to confront the social care crisis, elevate the standard of later living
Published: 09-10-2023 | 11:52:00 | By: Pie Kamau
London-based Lottie has raised £16.35m Series A funding round.


London-based startup Unitary raises $15m for AI-driven content moderation
Published: 03-10-2023 | 11:56:00 | By: Pie Kamau
Unitary has raised $15m in a Series A round to scale its AI video classification technology.


London-based Q-Bot secures €4m to drive expansion in Europe and the U.S.
Published: 13-09-2023 | 14:49:00 | By: Pie Kamau
London-based Q-Bot has raised €4 million to insulate people’s homes with robotics and AI.


London-based Binalyze secures $19m Series A funding for enhanced cybersecurity
Published: 12-09-2023 | 12:36:00 | By: Pie Kamau
Binalyze has raised $19m Series A round of funding.


UK-based Open Cosmos raises $50m to grow its sustainable space tech and satellite data
Published: 11-09-2023 | 12:03:00 | By: Pie Kamau
Open Cosmos has raised $50m in Series B funding.


Travel tech firm Branchspace receives £5m to enhance airline retail digitisation
Published: 31-08-2023 | 09:43:00 | By: Pie Kamau
Gresham House Ventures has completed a £5m investment into Branchspace


Glasgow food tech startup ENOUGH raises €40m growth fund to scale mycoprotein production
Published: 22-08-2023 | 12:35:00 | By: Pie Kamau
Glasgow-based food tech startup ENOUGH has raised €40m in growth funding.


Marqo secures $5.2m to bring continuous-learning vector search to businesses
Published: 17-08-2023 | 14:03:00 | By: Pie Kamau
Marqo, the startup enabling AI-powered search, has closed $5.2m seed investment.


UK foodtech startup Clean Food Group raises £2.3m funding to scale operations in advance of Series A
Published: 16-08-2023 | 10:15:00 | By: Pie Kamau
Clean Food Group has announced a further £2.3m funding.


UK foodtech startup Clean Food Group partners with LATAM food technology specialist, Alianza Team
Published: 15-08-2023 | 10:24:00 | By: Pie Kamau
Clean Food Group has announced a strategic collaboration with Alianza Team.


Supportwave raises $2.2m seed funding to accelerate the Future of IT support services
Published: 03-08-2023 | 15:42:00 | By: Pie Kamau
Supportwave has announced the successful closure of its seed funding round.


bp ventures invests £4m in UK-based fleet optimization software provider Dynamon
Published: 03-08-2023 | 15:20:00 | By: Pie Kamau
bp ventures has made a £4 million investment in Dynamon.


London innovation scale-up Wazoku brings innovation to the enterprise with full Teams integration
Published: 01-08-2023 | 12:14:00 | By: Pie Kamau
Wazoku has announced a full integration with collaboration platform Microsoft Teams.


Molten Ventures leads €5m round in Oliva to expand workplace mental health support
Published: 31-07-2023 | 13:05:00 | By: Pie Kamau
Molten Ventures has led €5 million round in Oliva.


London-based talent attraction SaaS scaleup inploi raises £1.35m seed round ahead of US expansion
Published: 25-07-2023 | 11:58:00 | By: Pie Kamau
inploi, the talent attraction technology scaleup, has raised £1.35 million round.


Bristol tech startup Deazy appoints Laura Wall as Head of Marketing
Published: 20-07-2023 | 14:35:00 | By: Pie Kamau
Developer marketplace platform Deazy has appointed Laura Wall as Head of Marketing.


London-based IoT SaaS startup Thingtrax raises £4.3m to fuel expansion
Published: 20-07-2023 | 14:14:00 | By: Pie Kamau
IoT SaaS startup Thingtrax has raised £4.3 million in a Pre-Series A round.


European payments startup Salve FH selects Finastra to tackle payment delays for corporates
Published: 20-07-2023 | 13:52:00 | By: Pie Kamau
Salve FH has selected Finastra Essence to reduce payment delays.


London-based carbon data provider Sylvera raises $57m Series B, plans US expansion
Published: 18-07-2023 | 11:05:00 | By: Pie Kamau
Sylvera has raised $57m Series B financing to scale its teams and product offerings.


Medical device company OrganOx raises £25m to transform organ transplantation practices
Published: 17-07-2023 | 12:30:00 | By: Pie Kamau
OrganOx has raised £25m in a growth round led by Lauxera Capital Partners.


Investing platform Public launches in the UK
Published: 13-07-2023 | 11:39:00 | By: Pie Kamau
Public, a US-based multi-asset investing platform, has launched in the United Kingdom (UK).


SuperScale raises $5.4m Series A to grow revenue for game developers and publishers
Published: 10-07-2023 | 11:32:00 | By: Pie Kamau
SuperScale announced it has raised $5.4 million in a Series A funding round.


Generative AI for crypto startup SuperSight raises $1m pre-seed to build crypto-specific LLMs
Published: 05-07-2023 | 15:47:00 | By: Pie Kamau
SuperSight, a London-based Generative AI startup, raises $1m pre-seed round.


Camena Bioscience close $10 Series A financing as demand for DNA synthesis technology increases
Published: 03-07-2023 | 13:06:00 | By: Pie Kamau
Camena announced it has closed a $10m Series A financing round.


Molten Ventures leads €5m round in Oliva to expand workplace mental health support
Published: 26-06-2023 | 12:15:00 | By: Pie Kamau
Molten Ventures has led a €5 million round in Oliva.


UK renewable energy startup tem. raises £2.5m to transform the broken energy market
Published: 13-06-2023 | 10:59:00 | By: Pie Kamau
tem., the UK-based renewable energy startup, has secured £2.5m funding round.


Financial IT launches Fintech Pathfinder, showcasing the most promising fintech startups
Published: 13-06-2023 | 10:36:00 | By: Pie Kamau
Financial IT announced the launch of its highly anticipated Fintech Pathfinder.


Cambridge-based biotech startup Uncommon raises $30m
Published: 09-06-2023 | 12:27:00 | By: Pie Kamau
Biotech startup Uncommon has raised $30m to pave way for scalable cultivated meat utilising RNA technologies.


5 UK cities leading the way in sustainable transport, Plug and Play
Published: 30-05-2023 | 10:16:00 | By: Pie Kamau
The need for transportation systems that prioritize environmental sustainability has gained significant momentum.


UK biotech startup Resurrect Bio completes seed investment round to develop disease resistant crops
Published: 17-05-2023 | 13:27:00 | By: Pie Kamau
Resurrect Bio, a biotechnology startup which is on a mission to revolutionize the agricultural industry by giving crops the genetic tools to defend themselves against disease, has completed its seed investment round, totaling at £1.61 million.


7 in 10 UK tech workers consider hybrid working a key factor when considering a future employer, report
Published: 17-05-2023 | 12:47:00 | By: Pie Kamau
Techspace has released The Scaleup Culture Report, a national report diving into the current state of workplace culture across the UK tech industry.


The 7 most sustainable cities creating the future of work after COVID-19, Plug and Play
Published: 16-05-2023 | 12:59:00 | By: Pie Kamau
The World Health Organization recently announced that COVID-19 is no longer a global emergency. However, the impact of the pandemic has left a lasting mark on all industries.


UK-based SaaS startup Fundpath secures £4m funding round with Fuel Ventures
Published: 12-05-2023 | 13:51:00 | By: Pie Kamau
Fundpath, the data and technology business bridging the information disconnect between asset managers and wealth managers, announced the completion of a £4m late seed funding round with Fuel Ventures.


GC Ventures invests in UK-based startup Interface Polymers to enhance plastics recyclability
Published: 09-05-2023 | 15:16:00 | By: Pie Kamau
GC Ventures (GCV), a subsidiary of PTT Global Chemical PLC (GC), is investing in the British company Interface Polymers Ltd. This investment opens new horizons for GC Group, enabling more efficient and sustainable plastic recycling.


Innovate UK launches £100m AI Fund for UK business
Published: 09-05-2023 | 13:03:00 | By: Pie Kamau
Innovate UK, the UK’s national innovation agency, has unveiled BridgeAI, a new programme which aims to drive growth and competitiveness in the UK economy through the adoption of artificial intelligence (AI) and machine learning (ML). 


Claret Capital Partners launches €72m Opportunity Fund to support its performing portfolio companies
Published: 04-05-2023 | 13:15:00 | By: Pie Kamau
Claret Capital Partners, the London-based Pan-European growth capital adviser, announced the launch of its first Opportunity Fund, the Claret European Growth Opportunities Annex Fund I, with a total size of €72 million.


Innovate UK launches £100 million AI fund for UK businesses
Published: 28-04-2023 | 15:25:58 | By: Bob Koigi
 The £100m investment comes partly from Innovate UK & the Technologies Mission Fund (TMF), launched by HMG/UKRI on 6 March 2023, and will bring together businesses from priority sectors with AI experts and developers, to foster an AI innovation network in the UK.


[Interview] James Kilpatrick, Chair, Gravitilab, UK
Published: 06-04-2023 | 11:33:00 | By: Bob Koigi
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises.


Why open finance is the future, Plug and Play
Published: 27-03-2023 | 13:28:00 | By: Pie Kamau
In 2018, the UK made history as the world’s first Open Banking Standard was implemented, establishing the foundations for the nation’s pioneering ecosystem and setting a blueprint for other countries. 


Is AI content moderation better than human content moderation?
Published: 08-03-2023 | 10:46:00 | By: Pie Kamau
Who is better at detecting inappropriate content – computers or humans? To answer this question Unitary compares AI and humans on different levels, including scale, personal risk, cost, bias and context.


Attio raises $23.5m Series A to usher in a new era of CRM
Published: 03-03-2023 | 11:33:00 | By: Pie Kamau
Attio, the company building the CRM of the future, announced $23.5 million in Series A funding led by Redpoint Ventures, with continued participation from existing investors Balderton Capital and Point Nine.


Bristol-based tech startup Deazy appoints Freya Wordsworth as new Partnerships Manager
Published: 22-02-2023 | 13:15:00 | By: Pie Kamau
Developer marketplace platform Deazy, has appointed Freya Wordsworth as the new Partnerships Manager, as part of a growth push for 2023 that will see the Bristol-based tech firm build a partnership eco-system.


London-based Ocean 14 Capital receives €30m to back marine innovators saving the seas
Published: 22-02-2023 | 13:02:00 | By: Pie Kamau
Ocean 14 Capital fund has received an investment of €30 million from Ingka Investments to support its mission of funding sustainable solutions to improve ocean health.


London-based digital health startup Syndi raises £1.65m to build its AI-driven wellbeing support platform
Published: 15-02-2023 | 12:02:00 | By: Pie Kamau
Syndi Health, a startup providing a digital infrastructure to offer personalised and effective digital health support within organisations, has raised £1.65 million ($2 million), in equity and grant funding.


London-based TDGA secures NewMedia Holding as lead investor in $20m seed round
Published: 14-02-2023 | 09:07:00 | By: Pie Kamau
London-based TDGA, the owner of the biggest brand in Space Media today, Space Hero, announced a $20 million seed round.


Berlin's EatFirst acquires London-based foodtech startup Feedr to accelerate growth
Published: 13-02-2023 | 10:41:00 | By: Pie Kamau
Berlin-based corporate food ordering platform EatFirst, has acquired Feedr, a London-based enterprise food technology platform that gives corporate customers software to support healthier daily eating in workplaces.


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.


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.


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.


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.


Season Group acquires IoT tech startup Pycom to give all connected ideas an opportunity to succeed
Published: 14-12-2022 | 08:59:00 | By: Pie Kamau
Season Group, an international electronics design and manufacturing services provider headquartered in Hong Kong, announced its acquisition of all assets of Pycom, a full stack Internet of Things (IoT) company.


London-based workforce management startup Surfboard raises $5m seed round to accelerate growth
Published: 23-11-2022 | 11:40:00 | By: Pie Kamau
London-based startup Surfboard announced it has raised a $5 million seed round. The investment will advance Surfboard's mission of making work more human through building collaborative software.


London-based Vektor AI raises $2.5m pre-seed round to democratize tech talent’s access to professional career advice
Published: 21-11-2022 | 10:05:00 | By: Pie Kamau
Vektor AI, an online platform for one-to-one mentorship and professional career enhancement, announced it has raised a pre-seed round of $2.5 million led by leading early-stage European VC firms.


London-based zero-trust enterprise browser SURF launches out of stealth with seed investment round
Published: 14-11-2022 | 16:56:00 | By: Pie Kamau
New zero-trust enterprise browser SURF, announced it has launched out of stealth with an investment round led by 11.2 Capital, Okta Ventures, Mango Capital and security-focused Angel investors.


Nigerian money app Kuda launches in the UK
Published: 11-11-2022 | 07:49:00 | By: Pie Kamau
Nigerian money app Kuda, announced it is launching in the UK as part of a global expansion drive with a view to serving the cross-border transfer needs of UK-based Nigerians.


Vouch partners with Capsule to support startups internationally
Published: 10-11-2022 | 14:11:00 | By: Pie Kamau
Capsule, a specialist insurance provider to high-growth companies in the UK, announced a partnership with Vouch, a San Francisco-based insurance platform that provides business insurance for high-growth technology startups in the US.


UK-based hospitality tech startup Journey completes £5m growth capital raise
Published: 04-11-2022 | 11:02:00 | By: Pie Kamau
Journey Hospitality has secured £5 million growth capital investment. The funds, from private equity firm Averroes Capital, will enable Journey to deliver its vision to revolutionise e-Commerce for the hospitality industry.


Manchester-based consumer insights startup Vypr raises additional £3.4m to scale its product intelligence platform
Published: 31-10-2022 | 11:17:00 | By: Pie Kamau
Fast-growing consumer insights business Vypr has received new investment of £3.4 million, at a significantly increased valuation on its last funding round in January 2021.


London-based Sidekick raises £3.33m pre-seed to build a modern investment manager for today’s changing world
Published: 31-10-2022 | 07:39:00 | By: Pie Kamau
Sidekick, a digital active investment manager built for today’s rapidly changing world, announced a £3.33 million pre-seed equity round led by Octopus Ventures.


Tanzanian fintech startup NALA enables Google Pay payments from the US and UK into Africa
Published: 28-10-2022 | 13:22:00 | By: Pie Kamau
NALA, a Tanzanian fintech startup facilitating remittances from the African diaspora in the UK and US, has integrated Google Pay into its suite of payment options for users.


British fashion startup LØCI raises £4m seed round to disrupt the fashion industry
Published: 26-10-2022 | 10:46:00 | By: Pie Kamau
15-month-old British fashion brand LØCI announced a £4 million seed round, as well as an investment from actor and environmentalist Leonardo DiCaprio to further its impact-driven mission of redefining the sector.


UK-based climate tech startup Levidian secures £12m investment from Baker Hughes to scale growth
Published: 21-10-2022 | 10:17:00 | By: Pie Kamau
US energy technology giant Baker Hughes has backed Levidian’s world-first decarbonisation technologies with a £12m investment at a £130m valuation, opening up global collaboration opportunities.


Biotech startup Hoxton Farms raises $22m Series A to cultivate animal fat in new pilot facility in London
Published: 21-10-2022 | 09:54:00 | By: Pie Kamau
London-based Hoxton Farms has announced a $22 million Series A round to build a pilot facility for producing cultivated fat: the missing ingredient necessary to make meat alternatives delicious, realistic and versatile.


Nigerian mobility fintech Moove raises £15m financing facility to scale UK operations
Published: 21-10-2022 | 08:55:00 | By: Pie Kamau
Moove announced it has raised £15 million in financing from Emso Asset Management to scale up its UK operations following a successful launch in August.


UK-based spaceflight startup Orbex secures £40.4m Series C funding to scale up its resources
Published: 18-10-2022 | 16:15:00 | By: Pie Kamau
UK-based spaceflight company Orbex has secured £40.4 million for its Series C funding round, led by a new investor, the Scottish National Investment Bank.


London-based private equity platform Lightrock closes inaugural Climate Impact Fund at €860m
Published: 17-10-2022 | 16:36:00 | By: Pie Kamau
Lightrock, a global private equity platform that backs purpose-driven entrepreneurs tackling the world’s biggest challenges, has closed its inaugural Lightrock Climate Impact Fund (“LCIF” or “the Fund”) with commitments of €860 million.


BNP Paribas acquires London’s currency management automation fintech Kantox
Published: 12-10-2022 | 14:52:00 | By: Pie Kamau
BNP Paribas announced the signature of an agreement for the acquisition of Kantox, a fintech for the automation of currency risk management.


Dutch-based Hyperion Lab’s third cohort startups set to improve the world with sustainable AI
Published: 10-10-2022 | 14:21:00 | By: Pie Kamau
Hyperion Lab kicked off its third cohort of the Amsterdam AI innovation program and eight new startups (seven of which are Dutch) want to improve the world with AI.


GridBeyond secures €6m investment from UK's Claret Capital to support smart energy expansion
Published: 10-10-2022 | 13:50:00 | By: Pie Kamau
GridBeyond, the pioneer in intelligent energy technology, has agreed a debt financing facility of €6 million led by Claret Capital, to support the Irish headquartered company’s continued internationalisation plans. 


Fresh Del Monte partners with tech start-Up Decapolis to provide blockchain traceability solutions
Published: 06-10-2022 | 15:27:00 | By: Bob Koigi
The investment is part of Fresh Del Monte’s technology-driven mission to offer best-in-class, innovative solutions for its products and services, and to provide sustainable solutions that other businesses and industries can benefit from.


London scaleup Wazoku raises £8.5m series B funding, acquires Danish intelligence startup Mindpool
Published: 28-09-2022 | 11:29:00 | By: Pie Kamau
London-based innovation scaleup Wazoku has closed a series B funding round of £8.5 million through investment from Octopus Ventures along with follow on from existing investors including Calculus Capital.


UK scaleup White Label Loyalty launches in the U.S.
Published: 28-09-2022 | 11:01:00 | By: Pie Kamau
UK-based loyalty technology experts White Label Loyalty is entering the US market for the first time, with opening of its firrst overseas office in New York.


London-based Pheon Therapeutics launches with $68m financing to advance novel ADC for treatment of solid tumors
Published: 28-09-2022 | 10:49:00 | By: Pie Kamau
Pheon Therapeutics (Pheon), an ADC specialist developing next generation ADCs for a wide range of hard-to-treat cancers has launched, following the closing of a $68 million Series A financing.


London-based Genie AI launches Startup Starter Pack, a free open source legal template library for startups
Published: 23-09-2022 | 12:04:00 | By: Pie Kamau
Genie AI, a machine learning company based in London, has launched Startup Starter Pack, a free open source legal template library with contract templates for small businesses and startups.


Crypto tax reporting app Binocs nets $4m funding round as it adds institutional investors to retail base
Published: 22-09-2022 | 13:02:00 | By: Pie Kamau
Crypto tax reporting app Binocs has announced a $4 million fundraise to cater to institutional crypto investors and enter geographies like the US, UK, Australia etc.


Constitutional Reserve Fund of Monaco allocates €10m to London-based Ocean 14 Capital impact fund
Published: 07-09-2022 | 13:14:00 | By: Pie Kamau
The Ocean 14 Capital fund, which focuses exclusively on the multi-trillion-dollar ‘blue economy’, has received a commitment of €10 million from the Constitutional Reserve Fund of Monaco to support its mission of funding sustainable solutions.


London-based mental health startup Thalamos raises $1m to digitise the Mental Health Act
Published: 01-09-2022 | 15:18:00 | By: Pie Kamau
London-based mental health startup Thalamos announced it has raised €1 million seed round to digitise the Mental Health Act. 


Nigerian mobility fintech Moove joins forces with Uber UK to bring electric vehicles to London
Published: 01-09-2022 | 14:42:44 | By: Pie Kamau
Nigerian fintech moblity startup Moove has announced its launch in London as part of its global expansion through a new partnership with Uber. 


London-based Claret Capital raises €297m fund to back European tech startups
Published: 31-08-2022 | 12:03:00 | By: Pie Kamau
Claret Capital, the London-based Pan-European growth capital provider, announced the final closing of Claret European Growth Capital Fund III (Fund III), to back European tech startups.


Octopus rolls out €220m to drive green power generation, backs Exagen to build UK’s largest battery
Published: 26-08-2022 | 14:24:00 | By: Pie Kamau
Octopus Energy Group launched its new renewables fund Octopus Energy Development Partnership (OEDP), as the fund makes its debut investment in renewables developer Exagen to build new green energy.


UK-based Medi-science International partners with Kenyan healthtech startup Afya Rekod to enhance healthcare delivery
Published: 19-08-2022 | 11:49:00 | By: Pie Kamau
UK-based Medi-science International and Kenyan healthtech startup Afya Rekod have announced a strategic collaboration to transform healthcare delivery through improved access to personal health data.


UK-based Conversational intelligence startup Jiminny raises €16.5m to fuel international expansion
Published: 12-08-2022 | 12:38:00 | By: Pie Kamau
Jiminny, a UK headquartered conversation intelligence provider supporting sales teams across the world, has closed a $16.5 million series A funding round led by Kennet Partners, a transatlantic growth equity firm.


London-based VC firm Flashpoint unveils $102m close of its VCIII fund, secures first institutional investment partner
Published: 05-08-2022 | 13:40:00 | By: Pie Kamau
Flashpoint Venture Capital, an international technology investment firm announced that Széchenyi Funds signed up for a commitment of $20 million in Flashpoint’s VC III.


Battery tech startup Britishvolt confirms UK Government funding boost for its battery cell gigaplant
Published: 01-08-2022 | 11:18:00 | By: Pie Kamau
Battery technology pioneer Britishvolt confirmed funding from the UK Government through its Automotive Transformation Fund (ATF) run by the Advanced Propulsion Centre UK following a confirmation letter.


London-based startup Geomiq raises $8.5m to digitize manufacturing and deliver industry leading service levels
Published: 28-07-2022 | 11:32:00 | By: Pie Kamau
London-based startup Geomiq announced it has raised $8.5 million funding to digitize global manufacturing and deliver industry leading service levels for Engineers and Procurement teams.


UKI2S expands fund by £37m to accelerate British innovation
Published: 26-07-2022 | 11:49:00 | By: Pie Kamau
The UK Innovation and Science Seed Fund (UKI2S), announced the expansion of its patient capital fund by £37 million, to boost support of British innovation.


ComplyCube partners with Capital Pilot to back high-growth startups in the UK
Published: 25-07-2022 | 14:14:00 | By: Pie Kamau
ComplyCube, the global verification platform, has partnered with Capital Pilot, the Startup Rating Agency, to provide state-of-the-art KYC verification for Boost Fund I, the UK's first automated high-volume startup investment fund.


Boeing, AE Industrial Partners launch second venture fund to invest in innovative aerospace and defense startups
Published: 25-07-2022 | 13:19:00 | By: Pie Kamau
Boeing has committed a $50 million investment in AEI HorizonX, a partnership the company established with private equity firm AE Industrial Partners to invest in transformative aerospace technologies.


Why you should implement cryptocurrency payments into your e-Commerce website, Remuno
Published: 18-07-2022 | 10:53:00 | By: Pie Kamau
Crypto is one of the biggest aspects of modern finance and technology. For businesses, this revenue stream could provide major boosts to sales numbers, with crypto payments giving customers more freedom while also bringing benefits.


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.


London-based fintech startup Griffin raises $15m to become the bank fintechs can build on
Published: 08-07-2022 | 13:14:00 | By: Pie Kamau
Griffin, a Banking as a Service (BaaS) fintech firm, announced it has raised $15.5 million funding to launch the OS for embedded finance.


Nemetschek invests in UK-based startup SymTerra to drive digitalization in the construction industry
Published: 05-07-2022 | 15:04:00 | By: Pie Kamau
The Nemetschek Group, one of the software providers for the AEC/O and media & entertainment industries, announced to have invested in the UK-based startup SymTerra, a construction site communications platform.


London-based startup growth agency Tailored Brands rebrands to Ventuure to scale Series A and B startups
Published: 05-07-2022 | 14:30:00 | By: Pie Kamau
Startup growth agency Tailored Brands announced it is rebranding to become Ventuure, to evolve its mission to support Series A and B startups.


London-based invoice intelligence platform Xelix completes $5m Series A funding to accelerate growth
Published: 04-07-2022 | 15:57:00 | By: Pie Kamau
Invoice intelligence platform Xelix announced it has successfully completed the Series A funding round, raising $5 million.


London-based healthtech startup Wondr Medical raises £12m seed round to accelerate global collaboration across the medical community
Published: 30-06-2022 | 15:45:00 | By: Pie Kamau
Digital health startup Wondr Medical, announced it has raised £12 million seed round to accelerate global collaboration across the medical community.


Sustainability data and tech startup ESG Book closes $35m Series B to advance its next-gen technology capabilities
Published: 29-06-2022 | 13:58:00 | By: Pie Kamau
ESG Book, a global player in sustainability data and technology, announced it has closed $35 million in Series B funding to advance its next-generation technology capabilities.


London-based Screenloop raises $7m for its hiring intelligence platform
Published: 28-06-2022 | 14:49:00 | By: Pie Kamau
Screenloop, the hiring intelligence platform that helps teams hit their recruitment targets faster whilst delivering an enhanced candidate experience, has raised a $7 million seed round.


UK-based BotsAndUs secures $13m seed financing for its warehouse data intelligence platform with autonomous robots
Published: 27-06-2022 | 13:35:00 | By: Pie Kamau
BotsAndUs, a cutting-edge intelligence and robotics company has secured $13 million in seed funding to expand its logistics-disrupting solution globally.


British Virgin Islands-based SithSwap raises $2.65m to build next-gen AMM on StarkNet
Published: 27-06-2022 | 12:25:00 | By: Pie Kamau
SithSwap, the next-generation automated market maker (AMM) on StarkNet, has successfully raised $2.65 million at a $25 million valuation in a seed funding round led by Lemniscap.


London, Malta-based fintech CityFALCON raises $2m funding to scale growth
Published: 24-06-2022 | 10:19:00 | By: Pie Kamau
London and Malta based fintech CityFALCON closed an equity fundraising campaign on Seedrs of $2 million to scale up the business and bring even more insightful products to market faster.


Insurtech startup INSTANDA raises $45m to fund its next phase of growth
Published: 20-06-2022 | 12:49:00 | By: Pie Kamau
INSTANDA, the no-code core insurance platform provider has announced the closing of its $45 million fundraising led by Toscafund, one of Europe’s leading Growth Equity investment firms for financial services companies.


London-based AI startup Peptone closes $40m Series A funding to build a state-of-the-art research facility in Bellinzona
Published: 20-06-2022 | 12:31:00 | By: Pie Kamau
Peptone, the molecular computational physics company focused on protein drug discovery, announced the successful completion of a $40 million Series A financing round.


ScienceMagic.Studios raises $10m pre-seed to demystify Web3 for brands and talent
Published: 14-06-2022 | 13:31:00 | By: Pie Kamau
ScienceMagic.Studios announced it has secured $10.3 million in pre-seed investment from investors including Liberty City Ventures, Digital Currency Group, Coinbase Ventures, Noam Gottesman and Alan Howard.


Green tech startup Ecolibrium launches in the UK with $5m pre-Series A funding round
Published: 13-06-2022 | 15:10:00 | By: Pie Kamau
Advisory and climate tech-led sustainability solution Ecolibrium, has opened a new London HQ after raising $5m in a pre-Series A funding round, to support growing demand from commercial and industrial UK real estate owners.


UK-based tech startup Florence raises $35m series B funding to revolutionise social care
Published: 06-06-2022 | 16:20:00 | By: Pie Kamau
Florence, the UK-based tech innovator for social care, announced it has raised $35 million through a Series B funding round. Florence will use the investment for product expansion to support care in the UK.


Biotech startup Transine Therapeutics closes £13.7m seed round to accelerate its platform and portfolio development
Published: 31-05-2022 | 12:01:00 | By: Pie Kamau
Transine Therapeutics (Transine), a biotechnology company, announced it has successfully raised £4.6 million in additional seed funding.


Crop tech startup moa raises $44m Series B financing to progress new generation of safe and sustainable crop protection products
Published: 31-05-2022 | 11:31:00 | By: Pie Kamau
moa Technology, the crop protection discovery company that is revolutionizing the future of weed control in agriculture, announced it has secured $44 million in Series B financing.


London-based fintech Paddle acquires ProfitWell to automate payments infrastructure for SaaS companies
Published: 25-05-2022 | 14:50:00 | By: Pie Kamau
Paddle, the complete payments infrastructure for SaaS companies, announced it has acquired ProfitWell, the provider of subscription metrics and retention automation software.


London-based Crane Venture Partners raises $140m second fund to back early-stage founders
Published: 24-05-2022 | 16:42:00 | By: Pie Kamau
Crane Venture Partners, the London based firm leading the industry in graduation rates from seed to Series A, announced it has raised $140 million in its second fund to back early-stage founders.


Contract management startup Evisort raises $100m funding to enhance customer experience, accelerate growth
Published: 13-05-2022 | 14:18:00 | By: Pie Kamau
Evisort, the no-code contract intelligence platform loved by legal, procurement, and sales operations teams worldwide, announced it has raised $100 million in capital.


London-based Bundlr Network raises $5.2m seed round to build an easier, faster way to store data on web3
Published: 09-05-2022 | 10:16:00 | By: Pie Kamau
Bundlr Network, a decentralized platform that makes it fast and easy to store data on web3, has raised a $5.2 million seed round co-led by Framework Ventures.


Huobi Incubator partners with Celo to promote Stablecoins for the masses
Published: 25-04-2022 | 12:50:00 | By: Pie Kamau
Huobi Incubator, the project incubation arm of Huobi Global, announced it will co-host Celo x Huobi: Stablecoin in Web3 & Sustainability hackathon with Celo.


UK-based fintech startup Paysend opens Americas headquarters in Miami
Published: 20-04-2022 | 13:19:49 | By: Pie Kamau
Paysend, the UK-based fintech with over 6.5 million customers, announced the opening of its Americas headquarters in Miami.


London's GripAble raises $11m Series A funding to deliver data-driven neuro and musculoskeletal rehab
Published: 11-04-2022 | 12:11:00 | By: Pie Kamau
London-based GripAble announced a $11 million in Series A funding led by IP Group, with equal investment from Parkwalk Advisors, to enable GripAble to expand its industry-leading data platform.


ComplyAdvantage releases new anti-money laundering essentials guide for Startups
Published: 05-04-2022 | 13:37:00 | By: Pie Kamau
ComplyAdvantage, a global data technology company transforming financial crime detection, announced the release of a new Anti-Money Laundering Essentials Guide for Startups.


Manchester-based HRtech startup Orka raises £3m to accelerate growth
Published: 01-04-2022 | 17:06:00 | By: Pie Kamau
Manchester-based Orka Technology Group (Orka), announced it has secured £3 million Series A fundraising round from Praetura Ventures.


Climate tech startup Station A launches Clean Energy Grades to instantly generate financial and carbon savings
Published: 31-03-2022 | 13:04:44 | By: Pie Kamau
Station A, the U.S. clean energy marketplace, announced it launched Clean Energy Grades, a new product that instantly tells you the financial return of switching to clean energy.


Kenyan social commerce startup Tushop raises $3m pre-seed funding to accelerate growth
Published: 31-03-2022 | 12:41:00 | By: Pie Kamau
Tushop, a Kenyan social-commerce platform that enables group-buying of fast-moving consumer goods (FMCGs), announced it has raised $3 million in pre-seed funding, led by 4DX Ventures.


Europe's TIER Mobility acquires US-based Fantasmo to expand its accurate e-scooter parking system
Published: 31-03-2022 | 12:29:00 | By: Pie Kamau
TIER Mobility, Europe's shared micro-mobility provider, announced it has acquired Us-based Fantasmo, to further expand its most accurate e-scooter parking system and introduce a computer vision-powered rider assistance system.


Ecosystem restoration startup Lord of the Trees raises $1.25m pre-seed round to upscale environmental protection
Published: 31-03-2022 | 11:53:00 | By: Pie Kamau
Lord of the Trees, a full ecosystem restoration company that uses precision drone planting technology to restore degraded landscapes, announced a $1.25 million pre-seed funding round.


Mental health startup Nivati Secures $4m seed round to scale its platform
Published: 31-03-2022 | 11:25:00 | By: Pie Kamau
Nivati, a holistic mental health platform for employees, announced an oversubscribed seed round of $4 million led by FireBrand Ventures, with participation from Peak and Access Venture Partners.


AI-powered video commerce startup Vyrill raises $3m seed round to accelerate growth
Published: 31-03-2022 | 11:03:00 | By: Pie Kamau
VYRILL, a startup that enables video commerce with new, innovative 'in-video' search technology, announced the closing of a $3 million seed round of funding led by Noemis Ventures and Lightship Capital.


French insect farming startup Ÿnsect acquires Nebraska-based Jord Producers to open first mealworm farm in the US
Published: 30-03-2022 | 11:43:00 | By: Pie Kamau
Jord Producers, based in Nebraska, has been incorporated into Ÿnsect’s production portfolio, signifying the global leader’s entry into North American mealworm production.


Techstars partners with J.P. Morgan to invest in diverse entrepreneurs across the U.S.
Published: 30-03-2022 | 11:04:00 | By: Pie Kamau
Techstars announced a new accelerator program powered by J.P. Morgan that will invest more than $80 million in diverse entrepreneurs and founders across the U.S.


African fintech Flutterwave goes live in Tanzania
Published: 30-03-2022 | 10:52:33 | By: Pie Kamau
African fintech Flutterwave announced it has gained approval from the Bank of Tanzania (BoT) to launch its payment service in the country.


Nigerian B2B startup Kwik closes $2m Series A round to digitize informal African trade
Published: 30-03-2022 | 10:49:00 | By: Pie Kamau
French-Nigerian B2B startup Kwik, a fast-growing provider of SaaS logistics services to social vendors and e-commerce platforms in Africa, has announced that it successfully closed its $2 million Series A round.


Egyptian e-Sport startup Eksab raises $3m seed funding to scale its fantasy football platform
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.


Vehicle financing startup Moove partners with Swvl for EV buses across the MENAP region
Published: 30-03-2022 | 10:32:25 | By: Pie Kamau
Egypt’s on-demand bus-hailing company Swvl, announced a new partnership with African fintech mobility startup Moove to scale Moove’s revenue-based vehicle financing model across the MENAP region.


On-demand transport platform Bolt launches 2nd edition of its Women in Tech internship program in Kenya
Published: 30-03-2022 | 10:24:12 | By: Pie Kamau
On-demand transport platform Bolt announced it has rolled out the second edition of its Women in Tech internship program in Kenya.


Cybersecurity startup ActZero certified as SOC 2 Type II compliant
Published: 29-03-2022 | 14:43:17 | By: Pie Kamau
ActZero, a cybersecurity startup that helps small and mid-sized businesses protect their organizations, announced it has been third-party certified as Service Organization Control (SOC) 2 Type II compliant.


Healthtech startup Radish announces $4m seed round to enhance access to convenient and affordable healthcare
Published: 29-03-2022 | 14:17:00 | By: Pie Kamau
Radish Health, a concierge healthcare platform providing convenient and affordable primary care services to municipal governments and midsize businesses, announced $4 million in seed funding.


Plug and Play Japan kicks off 3rd Smart Cities accelerator program in Osaka and Tokyo
Published: 29-03-2022 | 13:48:00 | By: Pie Kamau
Plug and Play Japan has selected 25 startups from Japan and overseas for their accelerator program that promotes open innovation in Smart Cities theme. From the Batch 3 program, it will expand and operate at two locations, Tokyo and Osaka.


Danish healthtech startup Qure.ai raises $40m to accelerate market expansion, support product development
Published: 29-03-2022 | 13:30:00 | By: Pie Kamau
Qure.ai (Qure), the healthtech firm using Artificial Intelligence (AI) for medical imaging diagnostics, announced it has secured $40 million in a funding round led by Novo Holdings and HealthQuad.


Healthtech startup Altibbi raises $44m to scale growth across the MENA region
Published: 29-03-2022 | 13:03:00 | By: Pie Kamau
Middle East’s AI-based digital health platform Altibbi, has raised $44 million in Series B fund funding led by Foundation Holdings, Hikma Ventures and existing investors Global Ventures and DASH Ventures.


Cambridge-based startup Sano Genetics raises $11m funding to accelerate genetic disease research
Published: 28-03-2022 | 16:46:00 | By: Pie Kamau
Cambridge-based startup Sano Genetics announced it has raised $11 million in a Series A funding round led by MMC Ventures, with further funding from Episode 1, Seedcamp and several experienced operators in software and life sciences.


Israeli data integration startup Triple Whale raises $27.7m to develop default e-Commerce operating system for Shopify brands
Published: 28-03-2022 | 16:24:00 | By: Pie Kamau
Triple Whale, the all-in-one operating system for Shopify brands, announced it has raised $27.7 million in an extended Series A, the company's first announced funding round since its foundation in May 2021.


Israeli tech startup Run:ai completes proof of concept with NVIDIA
Published: 28-03-2022 | 15:54:00 | By: Pie Kamau
Run:ai, the company simplifying AI infrastructure orchestration and management, announced details of a completed proof of concept (POC) which enables multi-cloud GPU flexibility for companies using NVIDIA GPUs in the cloud.


Neurotechnology startup Phantom Neuro secures $3.26m seed round to advance machine control technology
Published: 28-03-2022 | 15:39:00 | By: Pie Kamau
Phantom Neuro, a burgeoning neurotechnology startup, announced a $3.26 million funding round from leading international and U.S.-based investors.


Konza Technopolis and ASSEK sign MoU to support startups in Kenya
Published: 28-03-2022 | 13:45:00 | By: Pie Kamau
Konza Technopolis Development Authority (KoTDA) and the Association of Startups and SME Enablers in Kenya (ASSEK) have signed an MoU to enhance innovation and support startups in Kenya.


10 African fintech startups selected for CATAPULT: Inclusion Africa Special Dubai Edition
Published: 28-03-2022 | 13:34:31 | By: Pie Kamau
The LHoFT Foundation has announced the 10 African fintech startups that will take part in the special edition of CATAPULT: Inclusion Africa which will be held in Dubai, UAE.


Nigerian Big Cabal Media raises $2.3m to fuel audience growth and build new verticals
Published: 17-03-2022 | 12:38:00 | By: Pie Kamau
Big Cabal Media [BCM], a pan-African media company headquartered in Nigeria, has announced the close of its Seed Series fundraising round at $2.3million, led by MaC Venture Capital.


Capnamic closes $215m venture capital fund for early-stage investments in German-speaking countries
Published: 17-03-2022 | 12:25:00 | By: Pie Kamau
Early-stage investor Capnamic, announced its third venture capital fund of $215 million to focus on Pre-Seed to Series A investments in technology-based startups from the German-speaking region.


Kenyan fintech 4G Capital raises $18.5m Series C funding to scale lending to MSMEs
Published: 17-03-2022 | 11:50:00 | By: Pie Kamau
Kenyan fintech credit provider 4G Capital has raised $18.5 million in Series C funding from global private equity firm Lightrock.


Crypto exchange platform Luno launches investment arm to support fintech and crypto startups
Published: 17-03-2022 | 11:41:00 | By: Pie Kamau
Cryptocurrency exchange platform Luno, a subsidiary of Digital Currency Group (DCG), has launched Luno Expeditions, an early-stage investment arm to support fintech and crypto/web3 startups from around the world.


Kenyan e-Commerce startup Sokowatch raises $125m, rebrands to Wasoko
Published: 17-03-2022 | 11:32:00 | By: Pie Kamau
Kenyan based B2B e-Commerce startup Sokowatch has raised a $125 million Series B equity round, the largest venture financing round ever raised for a non-fintech startup in Africa.


Singapore-based Treehouse Finance raises $18m seed funding to establish a standard for DeFi analytics
Published: 17-03-2022 | 11:15:00 | By: Pie Kamau
Treehouse, a Web3 company transforming on-chain data into meaningful metrics to help decentralized finance (DeFi) investors make informed financial decisions, announced an $18 million seed round raise.


Swiss edtech startup Alphacruncher raises €1.45m for global rollout of research cloud workspace product
Published: 16-03-2022 | 13:36:00 | By: Pie Kamau
Swiss edtech startup Alphacruncher has raised €1.45 million funding from Austrian venture capital firm Alpine Equity, NGM, private investors and existing users, to enable the global rollout of its education and research cloud workspace product, Nuvolos.


Canadian healthtech startup Clinia raises $5m to power personalized pathways into every health journey
Published: 16-03-2022 | 12:57:00 | By: Pie Kamau
Montreal-based startup Clinia, the personalized health navigation platform, announced a $5 million CAD Seed funding round to scale the growth of its health search infrastructure across North America.


Israeli network security startup OneLayer steps out of stealth with $8.2m seed round to protect private 5G networks
Published: 16-03-2022 | 12:25:00 | By: Pie Kamau
OneLayer, a pioneer in securing private LTE/5G networks for enterprises, announced its launch out of stealth along with an $8.2 million seed funding round led by Grove Ventures and Viola Ventures.


Climate tech startup Cambium Carbon raises $3m seed funding to reinvent the wood supply chain, reduce carbon emissions
Published: 16-03-2022 | 11:48:00 | By: Pie Kamau
Cambium Carbon PBC announced a $3.2 million seed round investment led by MaC Venture Capital, supported by Soma Capital, Joe Tsai, Revolution's Rise of the Rest Seed Fund, Blue Ivy Ventures and others.


Insurance startup Asteya launches new product offering on its technology-first platform
Published: 16-03-2022 | 11:28:00 | By: Pie Kamau
Asteya, an income insurance technology company whose mission is to provide financial health and wellbeing by transforming the income insurance space, announced the launch of its additional product offering, Accidental Death.


Indonesia's East Ventures signs to UN PRI to create responsible and sustainable investment
Published: 15-03-2022 | 11:42:00 | By: Pie Kamau
East Ventures, a pioneering sector-agnostic venture capital firm in Indonesia, has officially become a UN Principles for Responsible Investment (UN PRI) signatory as part of its commitment to creating responsible and sustainable investment.


Product photo performance startup Bloom raises $1.1m seed round funding to bring generative AI to e-Commerce
Published: 15-03-2022 | 11:17:00 | By: Pie Kamau
Product photo performance engine Bloom announced it has raised $1.1 million at the close of its seed funding round.


Ghanaian fintech startup Dash closes $32.8m seed round to create a unified payments app for Africans
Published: 15-03-2022 | 10:04:00 | By: Pie Kamau
Dash, the unified and accessible payments app, announced it has raised $32.8 million in an oversubscribed seed round, one of the largest seed rounds for an African technology startup.


Nigerian mobility fintech startup Moove raises $105m series A2 round to scale growth
Published: 15-03-2022 | 09:33:00 | By: Pie Kamau
Mobility fintech, Moove, which provides revenue-based financing to mobility entrepreneurs across Africa, has raised $105 million in an oversubscribed Series A2 round consisting of equity and debt.


15 startups selected for Google for Startups Accelerator Africa Class 7
Published: 15-03-2022 | 09:14:00 | By: Pie Kamau
Google has announced the 15 African startups that have been selected for its Startups Accelerator Africa Class 7 programme. The startups are developing solutions in areas such as healthcare, education, fleet management, logistics automation and recruiting.


Danish customer support innovator Dixa acquires Miuros and Solvemate startups for $43m
Published: 11-03-2022 | 13:40:00 | By: Pie Kamau
Danish customer support innovator Dixa, announced the acquisitions of analytics leader Miuros, and automation pioneer Solvemate.


FirstEnergy contributes $1m to UBIZ Venture Capital to support minority businesses in Northeast Ohio
Published: 11-03-2022 | 13:08:00 | By: Pie Kamau
To help expand and grow minority-owned businesses in northeast Ohio, FirstEnergy announced a $1 million contribution to UBIZ Venture Capital, a small business lending program affiliated with the Urban League of Greater Cleveland.


Colombian startup Yuno raises $10m seed round to solve online payments in Latin America
Published: 11-03-2022 | 12:43:00 | By: Pie Kamau
Yuno, a Colombia-based startup has raised a $10 million seed round to bring to Latin American companies an easy online checkout solution that solves the pain point of managing multiple payment methods.


New Stack Ventures raises $42.6m for its second fund to invest in Silicon Valley outsiders
Published: 11-03-2022 | 11:21:00 | By: Pie Kamau
New Stack Ventures, an early-stage venture fund dedicated to investing in Silicon Valley outsiders, announced it has raised $42.6 million for its second fund.


African crypto startup Basqet launches payment gateway to enable businesses accept Bitcoin
Published: 11-03-2022 | 11:06:00 | By: Pie Kamau
African blockchain payments startup Basqet announced the launch of its cryptocurrency payments gateway which will allow businesses to accept Bitcoin and other cryptocurrencies as payment.


EV startup BasiGo flags off first electric buses in Kenya
Published: 10-03-2022 | 15:39:00 | By: Pie Kamau
Nairobi headquartered e-mobility startup BasiGo flagged off the first electric buses in the country for passenger use.


Smart addressing startup OkHi secures $1.5m seed funding to drive smart address verification in Africa
Published: 10-03-2022 | 15:32:00 | By: Pie Kamau
Smart addressing startup, OkHi, has secured a $1.5 million seed extension, bringing the total of its seed funding to $3 million. This raise is supported by notable firms and individuals who, beyond funding, bring a wealth of expertise to OkHi.


Dream VC opens applications for its VC Fellowship Program in Africa
Published: 10-03-2022 | 15:25:00 | By: Pie Kamau
Dream VC, a Remote Venture Capital Upskilling Institute, has opened applications for its 2022 fellowship program for VCs in Africa.


Salary on-demand startup Cadana partners with Flutterwave to expand into Nigeria
Published: 10-03-2022 | 15:17:00 | By: Pie Kamau
Cadana, the salary on-demand startup has expanded operations into Nigeria following a strategic partnership with Flutterwave, Africa’s leading payments technology company.


[Kenya] Applications for 5th cohort of Standard Chartered Bank's Women in Tech program open
Published: 10-03-2022 | 15:09:00 | By: Pie Kamau
The Standard Chartered Bank has opened applications for the 5th cohort of its Women in Tech incubator program.


Swedish travel tech startup Acamp acquires Ställpatser, prepares for European expansion
Published: 09-03-2022 | 12:51:00 | By: Pie Kamau
Acamp, the Swedish marketplace connecting campers with landowners, has acquired the popular camping community app, Ställpatser, just weeks after its €2.5 million funding round.


London-based digital foreign exchange Currencies Direct announces £140m investment from Blackstone
Published: 09-03-2022 | 12:21:00 | By: Pie Kamau
Palamon Capital Partners and Corsair announced that funds managed by Blackstone have agreed to make a £140 million strategic investment in Currencies Direct.


5G Open Innovation Lab selects MetaPower to join its startup development program
Published: 09-03-2022 | 11:32:00 | By: Pie Kamau
MetaPower, the innovators creating the future of Intelligent Wireless Power, announced its selection as one of 12 startups newly added to the 5G Open Innovation Lab (5G OIL).


Plant-based food startup Lypid enters B2B vegan-fat market with $4m seed round to commercialize rich, juicy PhytoFat
Published: 09-03-2022 | 10:32:00 | By: Pie Kamau
Lypid, creator of vegan fats reported to taste and behave like animal fats, announced it has raised a $4 million seed round led by Green Generation Fund with additional support from Big Idea Ventures.


Canadian tech startup Calico secures $2.1m to revolutionize modern supply chains
Published: 09-03-2022 | 09:50:00 | By: Pie Kamau
Calico, the developer of the first AI-powered smart supply chain management platform, announced it has raised $2 million in seed funding. The growth financing is led by Serena Ventures following 300% growth since January 2022.


German logistics tech startup Forto raises $250m to accelerate international expansion
Published: 08-03-2022 | 11:33:00 | By: Pie Kamau
German logistics tech startup Forto, the provider of digitized freight forwarding and supply chain solutions, announced it has raised $250 million in a pre-emptive Series D investment round led by Disruptive.


Cybersecurity startup MindWise launches equity crowdfunding campaign on MicroVentures
Published: 08-03-2022 | 11:09:18 | By: Pie Kamau
Cybersecurity startup MindWise announced the launch of an equity crowdfunding campaign on MicroVentures.


Japanese SocialGood App raises $14.2m for patented crypto back platform
Published: 08-03-2022 | 10:57:00 | By: Pie Kamau
Japanese SocialGood App, which gives users cryptocurrency rewards for shopping, has raised $14.2 million in Series A funding from a venture capital firm.


Plug and Play launches in Nur-Sultan, Kazakhstan, in partnership with Transtelecom
Published: 08-03-2022 | 10:42:00 | By: Pie Kamau
Plug and Play, the world's innovation platform connecting startups, investors, and pioneering companies, has announced a new partnership with Transtelecom JSC, one of the largest communication operators in Nur-Sultan, Kazakhstan.


26 startups selected to join African Tech Vision's 2nd mentorship program for African female founders
Published: 08-03-2022 | 10:28:00 | By: Pie Kamau
African Tech Vision, a non-profit-organization supporting early-stage female tech founders, has announced 26 startups that will be joining its 2nd mentorship program.


Capricorn Digital Growth Fund closes at €84.5m to back healthtech, business 4.0 startups in Benelux, Europe
Published: 03-03-2022 | 13:09:00 | By: Pie Kamau
Capricorn Digital Growth Fund closes at €84.5 million to back digital health and business 4.0 startups in Benelux


On-demand delivery platform Glovo launches pitch competition for early-stage tech startups in Kenya
Published: 03-03-2022 | 12:53:00 | By: Pie Kamau
On-demand delivery platform Glovo has launched a pitch competition targeting early-stage tech startups in Kenya that are delivering value to SMEs.


e-Commerce startup The Host Co. raises $1.85m to revolutionize short-term rental industry
Published: 03-03-2022 | 12:44:00 | By: Pie Kamau
The Host Co., the first-of-its-kind digital commerce marketplace for short-term rentals, announced an oversubscribed $1.85 million seed funding round, led by HearstLab with participation from The Artemis Fund and Untapped Capital.


TDK Ventures invests in climatetech startup Divirod to advance prediction of water-related catastrophes
Published: 03-03-2022 | 12:02:00 | By: Pie Kamau
TDK Corporation announced that subsidiary TDK Ventures, invested in Boulder, CO-based climate-tech startup Divirod. Their sensor solution enables high-accuracy risk assessment of water levels.


South African fintechs Payflex and Merchant Capital launch cash advance solution for small retailers
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.


Oslo-based management startup Presail closes $1.6m seed round to revolutionize Web 3.0 investments
Published: 02-03-2022 | 14:38:00 | By: Pie Kamau
Oslo-based management startup Presail announced the closing of $1.6 million from a series of reputable venture capital firms and strategic angel investors.


Carrier launches venture firm to accelerate sustainable innovation and disruptive building and cold chain technology
Published: 02-03-2022 | 13:20:00 | By: Pie Kamau
Carrier Global Corporation, the global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, has created Carrier Ventures, a new global venture capital group.


Manufacturing technology startup OPT Industries raises $15m to address demand for novel materials design and production
Published: 02-03-2022 | 12:52:00 | By: Pie Kamau
OPT Industries, the manufacturing technology startup behind the InstaSwab high-efficacy medical applicator, announced it has raised $15 million in Series A financing.


Employee experience startup Whistle closes on $3.2m seed round to accelerate growth
Published: 02-03-2022 | 12:32:00 | By: Pie Kamau
Whistle, a new generation of employee experience platform, announced it has raised a $3.2 million seed funding round led by Dundee Venture Capital (VC). Other investors include Chicago-based M25.


South African cryptocurrency exchange VALR raises $50m Series B funding to expand across the continent
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.


Payhawk becomes first Bulgarian Unicorn after raising $100 million
Published: 01-03-2022 | 14:28:00 | By: Bob Koigi
Payhawk, the payment and expense solution with offices in London, Sofia, Berlin, and Barcelona, has raised an additional $100m to extend its Series B round to $215m.


German investor CommerzVentures closes €300m third fund to support European fintech and insurtech startups
Published: 01-03-2022 | 12:52:00 | By: Pie Kamau
CommerzVentures, the specialist fintech investor, announced its third €300m fund, to go towards supporting early and growth-stage companies in the fintech and insurtech sectors.


Venture Noire partners with Remote Year to launch global accelerator program for Black and minority startups
Published: 01-03-2022 | 12:28:00 | By: Pie Kamau
Venture Noire, a non-profit organization dedicated to improving black quality of life through economic development, has partnered with Remote Year to expand its signature 8-week accelerator program.


Fintech platform M-KOPA secures $75m growth equity round to scale its African footprint
Published: 01-03-2022 | 12:03:00 | By: Pie Kamau
M-KOPA, the fintech platform that provides connected financing and digital financial services to underbanked consumers across four markets in Africa, announced its $75 million growth equity round, bringing its total equity funding to $190 million.


Energy-efficient AI semiconductor startup EdgeCortix closes over $8m Series A funding
Published: 01-03-2022 | 11:58:00 | By: Pie Kamau
EdgeCortix the AI-focused fabless semiconductor company, announced the closing of over $8 million in series A funding.


IronCore Labs launches program to give two years free data security tools to qualified startups
Published: 01-03-2022 | 10:57:06 | By: Pie Kamau
IronCore Labs, the provider of data security for modern cloud applications, announced the IronCore Labs Startup Program that gives two years of free data security tools to qualified startups.


French healthtech startup Synapse Medicine raises $28m to scale its medication reconciliation platform
Published: 01-03-2022 | 10:38:00 | By: Pie Kamau
France-based healthtech startup Synapse Medicine has raised $28 million led by leading European venture firm Korelya Capital, and past investors (XAnge, MACSF, and BNP Paribas Development).


FunFair Technologies launches new blockchain venture capital business
Published: 24-02-2022 | 12:48:00 | By: Pie Kamau
FunFair Technologies announced the launch of a new blockchain venture capital business, FunFair Ventures, with the aim to plug a gap in the funding process for early-stage blockchain projects.


Huobi Incubator announces second batch of partners for Web3 Scholarship
Published: 23-02-2022 | 14:45:00 | By: Pie Kamau
Huobi Incubator, the project incubation arm of Huobi Group, announced the second batch of partners for Web3 Scholarship, a funding platform for developers, builders, and projects in the Web3 field.


London-based fintech startup Nous raises $9m seed to help households navigate the cost of living crisis
Published: 21-02-2022 | 15:59:00 | By: Pie Kamau
Nous (to rhyme with ‘house’) a London-based fintech startup, announced it has raised a $9 million seed financing round to build out its service that helps households get smart and stay vigilant as they navigate the imminent cost of living crisis.


Fearless Adventures leads £300K investment round for London-based personal safety startup WalkSafe
Published: 21-02-2022 | 15:35:00 | By: Pie Kamau
Fearless Adventures has led a £300,000 investment round to grow London-based personal safety app, WalkSafe, whose usage soared to half a million downloads following the murders of Sarah Everard and Sabina Nessa.


London-based healthtech startup ExSeed secures £2.5m for its male fertility testing kit
Published: 15-02-2022 | 12:28:00 | By: Pie Kamau
London-based male fertility startup ExSeed Health announced the closing of £2.5 million investment round, taking its seed-stage funding to over £5 million.


London-based Bramble Energy closes £35m to fund its hydrogen fuel cell technology
Published: 14-02-2022 | 10:33:00 | By: Pie Kamau
London-based fuel cell company Bramble Energy has closed a £35 million investment round to help further expand its game changing capabilities in solving key challenges in the production and implementation of hydrogen fuel cell stacks.


London-based m3ter launches from stealth with $17.5m funding to expand into new markets
Published: 08-02-2022 | 13:43:00 | By: Pie Kamau
m3ter, a metering and pricing engine for SaaS companies, launched from stealth with the announcement of $17.5 million in funding. The investment will support m3ter as it builds on significant early traction to expand into new markets.


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).


[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.


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.


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.


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.


CellPoint Digital secures $25 million investment to boost entry into new markets
Published: 06-01-2022 | 12:47:00 | By: Bob Koigi
CellPoint Digital, a global provider of digital commerce and payment solutions, has announced an equity financing round of $25M provided by Toscafund and its private equity arm, Penta Capital, to build on a series of major successes in recent years.


Global cloud computing company Esker to acquire majority stake in UK-based startup Market Dojo
Published: 06-01-2022 | 12:38:32 | By: Bob Koigi
The agreement states that Esker will acquire 50.1% of the shares and voting rights in the company effective Q1 2022 and the remainder of Market Dojo shares after a period of four years.


London-based professional networking startup myGwork secures £1.6m for global expansion
Published: 08-12-2021 | 13:54:00 | By: Pie Kamau
myGwork, the global business LGBTQ+ recruitment and networking platform, has secured £1.6 million in the latest funding round led by 24Haymarket to grow its user base and continue with its international expansion plans.


London-based healthcare startup Gravitiq raises $55m seed round to expand portfolio of e-Commerce healthcare brands
Published: 19-11-2021 | 11:33:00 | By: Pie Kamau
Gravitiq, the doctor-founded and led healthcare brand aggregator, announced the close of its seed funding round, raising a total of $55 million.


London-based insurtech startup Collective Benefits announces $10m investment from Prosus
Published: 03-11-2021 | 12:31:00 | By: Pie Kamau
Collective Benefits, an insurance and benefits marketplace for independent workers, announced a $10 million investment from Prosus Ventures, the venture investing arm of Prosus, one of technology investors in the world.


Digital postage stamp startup Stamp Free launches AI-based postal tracking app
Published: 02-11-2021 | 15:29:29 | By: Bob Koigi
Stamp Free Limited, the digital postage stamp company, has launched its new Digitrack app, an AI-based postal validation and tracking app for carriers.


Spiceware startup selected as finalist of UK's Trade's Global Fintech Competition
Published: 29-10-2021 | 15:20:55 | By: Pie Kamau
Spiceware, a cloud-based data security company and a member of Born2Global Centre, was selected as the "Joint Winner" at the Global Fintech Competition 2021 hosted by the British Ministry of International Trade (DIT).


London-based scale-up Wazoku acquires Colombian open innovation crowd Channge
Published: 28-10-2021 | 08:37:03 | By: Pie Kamau
London-based Innovation scale-up Wazoku has continued its global expansion and extended its reach into Latin America with the acquisition of Colombian open innovation crowd Channge.


London-based AI startup Humanising Autonomy raises $11m Series A funding to change how machines understand people globally
Published: 21-10-2021 | 14:10:00 | By: Pie Kamau
Humanising Autonomy, a behaviour AI company using modular, low-power computer vision technology to ethically understand and predict human behaviour raised an $11 million Series A funding round.


UK startup ComplyCube boosts SaaS offering with multi bureau checks to tackle identity fraud
Published: 13-10-2021 | 13:58:27 | By: Bob Koigi
ComplyCube, the identity verification provider, has launched a multi-bureau verification service underpinned by a comprehensive set of credit agency data, government sources, and propriety databases.


UK-based music distribution startup Blarecast Systems closes seed round to harness the power of BSV blockchain
Published: 01-10-2021 | 11:20:00 | By: Pie Kamau
Blarecast Systems, the UK-based startup aiming to provide an elegant and equitable solution for the music industry with BSV blockchain technology, has closed a seed funding round.


Medical software startup Optellum appoints Jason Pesterfield as CEO to drive commercial growth in the US
Published: 14-09-2021 | 16:02:00 | By: Pie Kamau
Optellum, a medical software startup based in Oxford, UK, has appointed Jason Pesterfield as CEO to lead growth in the US clinical market. Optellum is a leader in AI-based software that transforms early lung cancer diagnosis and therapy.


Huobi Ventures launches $10m fund to accelerate innovative GameFi projects
Published: 14-09-2021 | 15:13:00 | By: Pie Kamau
Huobi Ventures, the global investment arm of Huobi Group, announced the launch of a new $10 million fund to invest in emerging GameFi projects around the world.


Madagascar Time startup launches charity cryptocurrency $TIME to fight climate change
Published: 10-09-2021 | 13:56:00 | By: Pie Kamau
Madagascar Time startup has launched $TIME, the new cryptocurrency focused on charity work around the globe. Backed by an international team, $TIME combines unprecedented technology in the crypto space with social entrepreneurialism.


AI startup 3AI joins NVIDIA Inception program
Published: 24-08-2021 | 15:12:00 | By: Pie Kamau
AI startup 3AI announced it has joined NVIDIA Inception, an accelerator program designed to nurture startups revolutionizing industries with advancements in AI and data sciences.


UK-based adtech startup Playrcart raises £1m as it prepares for growth
Published: 05-08-2021 | 14:06:00 | By: Pie Kamau
UK-based startup Playrcart, the company that makes advertising assets instantly transactional, raised over £1 million in funding and added industry heavyweight Peter Scott as Chairman.


Tel Aviv and London-based AI construction tech startup Buildots raises $30m Series B funding as its technology reaches 12 countries
Published: 05-08-2021 | 12:51:06 | By: Pie Kamau
Buildots, the AI construction tech company announced a $30 million Series B round led by Lightspeed Ventures with the participation of Buildots’ previous investors; TLV Partners, Future Energy Ventures, Tidhar Construction Group and Maor Investments.


Fintech startup Rapyd raises $300m Series E to further enhance its service offering
Published: 04-08-2021 | 12:04:00 | By: Pie Kamau
Rapyd, a global Fintech as a Service company, announced a $300 million Series E funding round led by Target Global.


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).


UK-based legaltech startup Clara opens in Dubai following investment from DIFC FinTech Fund
Published: 27-07-2021 | 13:36:33 | By: Pie Kamau
Dubai International Financial Centre (DIFC), the global financial centre in the Middle East, Africa and South Asia (MEASA) region, announced it has invested in UK-based legaltech startup, Clara.


Danish fintech startup HelloFlow raises $1.6m for its no-code KYC and client onboarding solution
Published: 15-07-2021 | 12:54:00 | By: Pie Kamau
HelloFlow, a Danish fintech startup, has closed a $1.6m Seed round led by a Danish VC PreSeed Ventures, and UK-based, Seedcamp.


bp invests $7m in electric vehicle charging startup IoTecha
Published: 23-06-2021 | 10:05:00 | By: Pie Kamau
bp ventures has invested $7million in smart electric vehicle (EV) charging firm, IoTecha, leading a $13.2 million investment round.


London-based fintech startup ShareVision raises $2.1m seed for 24/7 streaming platform
Published: 17-06-2021 | 12:11:00 | By: Pie Kamau
ShareVision raised $2.1 million in seed funding to scale its financial streaming platform, where both businesses and consumers are streaming content on the stock market, economical updates and financial education.


Huobi launches incubator program to provide assets, resources and guidance for startups
Published: 09-06-2021 | 16:07:00 | By: Pie Kamau
Huobi Group, a world cryptocurrency and blockchain company, announced the initiation of its incubator program, Huobi X Center, who's goal is to empower startups by providing customers a range of resources.


QIMA acquires stake in London-based supply chain resiliency startup Kavida.ai
Published: 08-06-2021 | 13:13:00 | By: Pie Kamau
QIMA, the provider of quality control and supply chain compliance solutions, announced it has invested in Kavida.ai, a London-based startup that builds supply chain digital replicas and uses artificial intelligence.


XLIO Ventures closes $53m funding facility
Published: 07-06-2021 | 15:04:00 | By: Pie Kamau
XLIO Ventures, with offices in London, Seattle, New York, Tel Aviv, and Sao Paulo announced the closing of $53 million funding facility to back an expanding roster of the Made-to-Order Startups it creates for its enterprise technology customers.


London-based workplace ethics & compliance startup Vault Platform secures $8.2m in Series A funding
Published: 07-06-2021 | 14:08:00 | By: Pie Kamau
Vault Platform, the pioneering workplace ethics & compliance platform, has closed an $8.2 million Series A funding round to service demand from its fast-growing client base, drive Artificial Intelligence technology for misconduct reporting and expand its team.


Railsbank partners with UK fintech startup Finadvant to offer digital banking to SMEs
Published: 19-05-2021 | 10:54:43 | By: Bob Koigi
Finadvant takes advantage of Railsbank's innovative BaaS platform to secure GBP and EUR ledger technology, offering the ability for their customers to receive, send and convert payments via SWIFT and UKFP.


Creator platform Fanbase attracts high-profile artists and creators, expands into three new territories
Published: 18-05-2021 | 13:58:00 | By: Pie Kamau
Fanbase, the subscription-based social platform that empowers creators to monetize their content and grow their fanbase, is on the verge of closing its seed round, already raising $3.1 million dollars on StartEngine.


Huobi Group launches Huobi Ventures with $100m for early stage DeFi investments, mergers and acquisitions
Published: 14-05-2021 | 11:52:00 | By: Pie Kamau
Blockchain company Huobi Group announced the launch of Huobi Ventures, a wholly-owned subsidiary focused on growing Huobi's venture investment portfolio and supporting innovative blockchain projects through long-term investment strategies.


AI-powered fintech startup Expend announces impressive start to crowdfunding campaign
Published: 11-05-2021 | 11:25:36 | By: Pie Kamau
Expend, the AI-powered fintech startup changing the way businesses manage expenses and spending, announced a great start to its crowdfunding campaign on Seedrs.


UK-based startup Cquestr8 raises $300k seed capital to develop safe & permanent carbon sequestration solution
Published: 22-04-2021 | 13:54:00 | By: Pie Kamau
Cquestr8, 2020 winners of the Climate-KIC's ClimateLaunchpad "Next Big Thing" prize, has secured funding to develop their unique carbon sequestration solution, leveraging natural processes to safely lock away CO2 as stable ocean bicarbonate.


Martech startup Ziflow raises $6m in expansion funding to meet growing demand for creative collaboration
Published: 08-04-2021 | 17:05:00 | By: Pie Kamau
Ziflow, industry's player in creative review and approval solution for agencies and brands, announced the raise of $6 million expansion round, led by Companyon Ventures.


AI startup Oxia Palus enables first hidden masterpiece on canvas, long lost behind a Pablo Picasso
Published: 08-04-2021 | 16:23:00 | By: Pie Kamau
Oxia Palus, a new-age company dedicated to using artificial intelligence to resurrect the world's most important lost artwork, announced it has recreated on canvas, the first masterpiece of another era, one lost for nearly 120 years.


HG Ventures partners with Innovate UK to leverage sustainable startups in the UK
Published: 26-03-2021 | 10:07:50 | By: Pie Kamau
HG Ventures announced a partnership with Innovate UK to leverage HG Ventures investments in environmentally sustainable innovation in the United Kingdom.


UK's Cyber vulnerability startup RankedRight secures $500K in seed funding
Published: 22-03-2021 | 15:30:00 | By: Pie Kamau
RankedRight, the new platform which has been predicted to supercharge the efficiency of IT security teams across the world, secured $500,000 in seed funding.


Plug and Play, Finastra partner to expand FusionFabric.cloud platform for open innovation
Published: 22-03-2021 | 15:16:00 | By: Pie Kamau
Plug and Play announced a collaboration with Finastra, global financial technology provider, to help expand its FusionFabric.cloud platform for open innovation.


Crypto-native startup Travala.com partners with Viator, adds over 400,000 tours and activities worldwide
Published: 19-03-2021 | 12:48:00 | By: Pie Kamau
Travala.com, the blockchain-based travel booking platform, announced a strategic collaboration with Viator, a Tripadvisor company and leading resource for tours and activities worldwide.


Evergreen Podcasts invests in Podcast Radio startup
Published: 10-03-2021 | 15:22:57 | By: Pie Kamau
Evergreen Podcasts announced an investment in Podcast Radio, a U.K.-based, independent platform for discovering and promoting podcasts through digital broadcasting and a radio-like experience.


British startup QUVRY launches free iOS videocasting app for high-quality video calls
Published: 10-03-2021 | 14:57:28 | By: Pie Kamau
British startup QUVRY announced the launch of its free iOS videocasting app for high-quality video calls, to transform the video call experience.


London-based Bacchus Capital raises $140m equity capital for its uranium venture, Yellow Cake
Published: 26-02-2021 | 13:15:00 | By: Pie Kamau
Bacchus Capital, the independent investment and merchant bank specialising in cross border public market M&A, arranged for the financing of $100 million purchase of physical uranium, by Yellow Cake, pursuant to its option with Kazatomprom.


WNS partners with insurtech startup By Miles for the world’s first connected car insurance
Published: 17-02-2021 | 14:42:27 | By: Bob Koigi
WNS Assistance has announced a new partnership with By Miles, an insurtech startup and motor Managing General Agent (MGA), to manage claims for a first-of-its-kind connected car insurance policy using the real-time data of the vehicle.


HR startup Oyster closes $20m investment round
Published: 02-02-2021 | 13:02:00 | By: Pie Kamau
Oyster, the HR platform for globally distributed companies, announced it has completed a $20 million Series A investment led by Emergence Capital, less than a year after raising a $4.2 million seed round.


MRM partners with Founders Factory on new startup impact program
Published: 28-01-2021 | 10:53:17 | By: Pie Kamau
MRM, a marketing agency that is part of McCann Worldgroup, and Founders Factory, the influential startup studio and accelerator, announced a new partnership, to give MRM access to Founders Factory's network of startups.


British adtech startup Illuma Technology joins PwC's Raise programme
Published: 27-01-2021 | 08:39:01 | By: Pie Kamau
British adtech startup Illuma Technology, an independent contextual AI specialist, has been selected for capital fundraising through PwC's Raise programme.


UK fintech startup Curve closes $95 million in equity as it plans US launch
Published: 12-01-2021 | 16:25:10 | By: Bob Koigi
Curve, the London-based fintech that combines multiple cards and accounts into one smart card and even smarter app, has secured $95 million from a group of international investors as part of a successful Series C round.


UK next generation plastic start-up Xampla accelerates growth with £6 million seed investment
Published: 11-01-2021 | 14:36:00 | By: Bob Koigi
University of Cambridge spin-out Xampla has announced it has closed a £6.2m seed finance round, led by the backers of Zoom, to accelerate the roll-out of its next generation plastic replacement.


UK biotech startup Theolytics raises £5m Series A round to advance viral cancer therapies
Published: 07-01-2021 | 12:09:00 | By: Pie Kamau
Theolytics, a UK biotech harnessing viruses to combat cancer, announced the closing of £5 million Series A round, co-led by Epidarex Capital and Taiho Ventures LLC with participation from existing investor, Oxford Sciences Innovation (OSI).


Fashion tech startup uSizy helps UK retailers brace for record sales of £28 billion this Christmas
Published: 22-12-2020 | 12:23:00 | By: Pie Kamau
In the wake of recent retail closures across the UK, fashion technology startups are delivering much-needed innovation to help merchants maximise online sales and optimise unprecedented digital demand this Christmas.


Trint raises £5 million to build StoryTech, a new software category
Published: 08-12-2020 | 11:05:00 | By: Bob Koigi
Trint, a UK speech-to-text platform for content creation, has announced the close of its Series A Acceleration round with an investment of £5 million.


[Startup Interview] Marcin Kierdelewicz, Founder, Biami.io, UK
Published: 04-12-2020 | 08:21:00 | By: Bob Koigi
Biami.io is a London tech startup that uses its own intelligent automation software framework to help customers build business process-driven software, platforms and robots to run their business processes at scale. The startup’s founder Marcin Kierdelewicz elaborates.


Dot Investing launches online forum for individuals keen on alternative asset funds
Published: 03-12-2020 | 13:51:26 | By: Bob Koigi
Dot Investing, a fintech startup based in London, has launched an online investment platform that allows individual investors to invest in top private and alternative asset funds.


London software startup Wazoku partners with Schumpit to drive innovation in Spain and Portugal
Published: 26-11-2020 | 13:58:00 | By: Bob Koigi
Idea management software and services firm Wazoku is partnering with innovation consultancy Schumpit, extending Wazoku’s recent international expansion into Spain, Catalonia and Portugal.


Zimbabwe startup Phenomenon Technologies partners with MEL Science for applied learning solutions in Africa
Published: 26-11-2020 | 13:53:09 | By: Bob Koigi
Zimbabwean startup Phenomenon Technologies has partnered with global science kits giant MEL Science in a strategic move meant to enable applied science learning in Zimbabwe and Africa.


UK Government selects London startup Kooling to receive sustainable innovation fund
Published: 26-11-2020 | 13:43:58 | By: Bob Koigi
Innovate UK, the UK's innovation agency has awarded London based startup Kooling a share of its £191 million Sustainable Innovation Fund.


Tech startup Nestlings raises $1.5m to help international students through college application process
Published: 26-11-2020 | 10:52:00 | By: Pie Kamau
Nestlings, an online portal that guides international students through the process of applying to colleges in the US, Canada, and the UK, has raised $1.5 million in a Seed Round of funding from Candid Ventures.


Citi announces strategic investment in UK startup Dextcloud
Published: 19-11-2020 | 13:31:33 | By: Bob Koigi
Dextcloud, an API “Low Code Application Platform” (LCAP) startup based in the UK, has received a strategic investment from Citi.


Digital investment platform Clim8 smashes target for latest funding campaign by 600%
Published: 13-11-2020 | 11:14:00 | By: Pie Kamau
As interest in sustainable investing continues to grow apace, Clim8 Invest (Clim8), a digital investment platform that help consumers invest exclusively in companies focused on tackling the climate crisis, has raised a further £2.4 million in funding.


Cado Security raises $1.5 Million funding to bolster cybersecurity tech
Published: 07-11-2020 | 13:08:23 | By: Bob Koigi
Cado Security, a provider of the world’s first cloud-native cyber forensics and response platform Cado Response, has announced the close of a $1.5 million seed round led by Ten Eleven Ventures.


SeaAhead, New England Aquarium announce BlueSwell incubator's first cohort of selected startups
Published: 29-10-2020 | 14:12:00 | By: Pie Kamau
SeaAhead, Inc. and the New England Aquarium have selected the first cohort of six startups for the BlueSwell Incubator Program, New England's first dedicated, early-stage bluetech incubator.


Influential global Marcomm network to partner with Mediaspace.global
Published: 27-10-2020 | 09:36:00 | By: Pie Kamau
International Advertising Association is partnering up with its youngest member, Mediaspace.global, the brand-new professional social platform for media, marketing, tech, innovation and regulation.