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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3762478 | 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.


[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.


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.


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.


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.


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.


[Startup Interview] Ehsan, Mohammad, Reza, Co-founders, Coco, Austria
Published: 30-09-2022 | 14:05:00 | By: Bob Koigi
CoCo is a social media analysis platform. It helps to increase the effectiveness of advertising campaigns on social networks.


German tech startup NeoCarbon raises €1.25 million to reverse climate change
Published: 30-09-2022 | 10:38:00 | By: Pie Kamau
NeoCarbon, a Berlin-based tech startup which retrofits cooling towers to remove carbon dioxide from the atmosphere, announced it has raised €1.25 million in a Pre-Seed round co-led by PropTech1 and Speedinvest,


Fintech startup Tongo raises $7m seed funding to accelerate growth in its real estate market
Published: 30-09-2022 | 10:10:00 | By: Pie Kamau
Tongo, a fintech company realigning income and expenses for the commission economy, announced it has raised $7 million in seed funding. 


Plug and Play Alberta announces 50 startups for the second cohort of its accelerator programs
Published: 30-09-2022 | 09:52:00 | By: Pie Kamau
Plug and Play Alberta has announced 50 startups for the second cohort of its industry-specific startup accelerator programs. The companies will participate in one of the following programs: Health, Sustainability, and Sector Agnostic.


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.


Estonian startup KOOS raises $4m funding to accelerate the new era of ownership
Published: 30-09-2022 | 09:28:00 | By: Pie Kamau
KOOS, an Estonian-based startup, announced $4 million worth of seed funding led by high profile investors at Plural Platform with participation from investors including LocalGlobe, Tiny.vc and Matt Clifford.


Tech startup Coalesce secures $26m Series A funding to reinvent data transformation in the snowflake data cloud
Published: 30-09-2022 | 09:00:00 | By: Pie Kamau
Coalesce.io, the data transformation company, announced it has secured $26 million in Series A funding led by Emergence Capital, with participation from seed investors 11.2 Capital.


Daiichi Sankyo joins Munich-based Startup Creasphere's program powered by Plug and Play
Published: 28-09-2022 | 11:44:00 | By: Pie Kamau
Startup Creasphere, the Munich-based digital healthcare platform of Plug and Play, has announced its new partnership with Daiichi Sankyo.


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.


FNHIC launches to invest $2.5b in startups improving hunger and health outcomes through food
Published: 28-09-2022 | 11:13:00 | By: Pie Kamau
S2G Ventures, Food Systems for the Future and other partners launched the Food, Nutrition and Health Investor Coalition (FNHIC), a call to action to drive $2.5 billion in private investment.


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.


Deep tech startup MATSUKO and European telcos partner to develop holographic presence
Published: 28-09-2022 | 09:48:00 | By: Pie Kamau
European telecom operators Deutsche Telekom, Orange, Telefónica and Vodafone, together with the deep tech startup MATSUKO, have conducted a pilot to make holographic calls easy.


Canadian Lia 27 becomes the new face of AI after closing seed funding round at $5m valuation
Published: 27-09-2022 | 16:35:00 | By: Pie Kamau
Canadian Artificial Intelligence (AI) company Lia 27 Inc, announced it has closed a seed funding round valuing the company at $5 million. The funding launches the one-year-old business into the next dimension. 


New Utah startup Oops offers doorstep return pickups for in-store and online purchases
Published: 27-09-2022 | 16:16:00 | By: Pie Kamau
An early-stage startup born in the heart of Utah's Silicon Slopes, Oops is offering doorstep return pickups for in-store and online purchases across the Wasatch Range.


Ghanaian agritech startup Farmerline raises $1.5m from Dutch investor Oikocredit
Published: 27-09-2022 | 15:59:00 | By: Pie Kamau
Ghanaian agritech startup Farmerline announced the second close of a Pre-Series A investment raise with an additional $1.5 million investment from Dutch social impact investor Oikocredit.


Dallas-based workforce finance startup Meritize taps JP Morgan vet as Business Development VP
Published: 27-09-2022 | 15:55:56 | By: Pie Kamau
Meritize, developer of merit-based financing solutions and a technology platform that connects career starters and mid-career professionals with high-impact skills training, announced it has hired Jeff Parks as the firm's Vice President of Business Development.


Ghanaian fintech SecondSTAX raises $1.6m pre-seed funding to expand to other countries
Published: 27-09-2022 | 15:45:00 | By: Pie Kamau
Ghanaian fintech SecondSTAX (Secondary Securities Trading and Aggregation eXchange), announced it has raised $1.6 million in pre-seed funding from private investors and venture capital firms, including LoftyInc Capital and STEMeIn.


French startup Prophesee closes €50m C Series round to drive commercialization of revolutionary neuromorphic vision technology
Published: 26-09-2022 | 15:57:00 | By: Pie Kamau
Prophesee, the inventor of advanced neuromorphic vision systems, announced the completion of its Series C round of funding with the addition of a new investment from Prosperity7 ventures.


Capacity trading startup Stere closes $5m seed to expand tech-driven solutions for the insurance sector
Published: 26-09-2022 | 15:42:00 | By: Pie Kamau
Stere, a capacity trading platform specializing in capacity sourcing and unique digital capabilities for embedded insurance partners and MGAs, announced it has closed a $5 million funding round.


Detroit cloud-based startup KODE Labs raises $8m to advance its smart building platform
Published: 26-09-2022 | 15:29:00 | By: Pie Kamau
KODE Labs, a Detroit cloud-based smart building startup, announced it has raised a Series A investment of $8 million led by I Squared Capital and other strategic investors.


Vendease secures $30m to transform procurement and business operations for restaurants across Africa
Published: 26-09-2022 | 14:13:00 | By: Pie Kamau
Vendease, a Y Combinator-backed digital platform that allows restaurants in Africa to buy supplies, access financial services and power their business operations, has raised $30 million funding round.


West african fintech startup Julaya raises $5m extension round to expand its operations
Published: 26-09-2022 | 13:09:00 | By: Pie Kamau
Julaya, a fintech stratup based in Côte d’Ivoire, Senegal and France, announced it has raised $5 million extension round led by European venture capital fund Speedinvest to expand its operations in West Africa.


[Startup Interview] Yashu Kapila, Founder, BugRaptors, India
Published: 23-09-2022 | 14:13:00 | By: Bob Koigi
The startup provides a highly diversified range of services varying from standard testing services, specialized testing services, to test advisory services. 


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.


Norwegian audio-tech startup Nomono secures €3.55m seed round to scale its podcasting and audio solutions
Published: 23-09-2022 | 11:35:00 | By: Pie Kamau
Nomono, the pioneering developer of audio recording and collaboration tools that help podcasters and journalists tell immersive audio stories, announced the closing of €3.55 million investment round.


NYSHEX closes $25m Series B funding to improve reliability and efficiency of global shipping
Published: 23-09-2022 | 11:08:00 | By: Pie Kamau
NYSHEX, the ocean contract performance technology servive provider,, announced a $25 million Series B funding round led by Collate Capital. In addition, Blumberg Capital, Goldman Sachs and NewRoad Capital participated.


CrowdStrike’s Falcon Fund invests in API security startup Salt Security
Published: 23-09-2022 | 10:45:00 | By: Pie Kamau
CrowdStrike, a pioneer in cloud-delivered protection of endpoints, cloud workloads, identity and data, announced that its strategic investment vehicle, Falcon Fund, has invested in Salt Security, the pioneer in Application Programming Interface (API) security.


[Column] Nick Durrant: Lead generation strategies that work
Published: 23-09-2022 | 10:24:00 | By: Pie Kamau
Marketers often focus most of their attention on design aesthetics, ignoring the many other factors that could turn website visitors into hot prospects.


ABB partners with Dutch AI predictive maintenance scaleup Samotics to expand condition monitoring services
Published: 23-09-2022 | 10:10:00 | By: Pie Kamau
ABB and  Samotics, the provider of ESA technology that is a high-growth scaleup company, have entered a strategic long-term partnership to provide enhanced condition monitoring services.


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.


Sustainable and AI concrete startup AICrete raises $4m seed funding to accelerate growth
Published: 22-09-2022 | 12:40:00 | By: Pie Kamau
AICrete, the recipe-as-a-service platform optimizing local materials for cleaner and more cost-efficient concrete, announced it has raised $4 million in a seed funding led by CLEAR Ventures.


Starburst Ventures launches pre-seed and seed fund to focus on aerospace and defense innovation
Published: 22-09-2022 | 11:58:00 | By: Pie Kamau
Starburst Ventures, the first venture capital fund dedicated to investing across aviation, space, and defense, announced the launch of its new early-stage fund.


Stockholm-based R-evolution launches venture capital arm to boost greentech startups
Published: 22-09-2022 | 11:45:00 | By: Pie Kamau
Hexagon AB, a global pioneer in digital reality solutions combining sensor, software and autonomous technologies, announced a new venture capital arm of R-evolution, the sustainable innovation and green-tech investment subsidiary of Hexagon.


Nigerian fintech startup Kippa launches business registration platform to support SMEs
Published: 22-09-2022 | 10:50:00 | By: Pie Kamau
Nigerian fintech startup Kippa has launched Kippa Start, a business registration platform to enable Nigerian MSMEs scale through their businesses.


Kenyan agricultural insurtech startup Pula appoints Michael Joseph as Board Chair
Published: 22-09-2022 | 10:28:00 | By: Pie Kamau
Former Safaricom CEO Michael Joseph has been appointed as Board Chair of a Kenyan agricultural insurtech startup Pula.


Ethiopian fintech startup Chapa launches online payment gateway service for businesses
Published: 22-09-2022 | 10:17:00 | By: Pie Kamau
Ethiopian fintech startup Chapa has launched an online payment gateway to enable businesses accept payments from people worldwide.


Healthtech startup Remedial Health secures $4.4m to provide access to credit for pharmacies in Nigeria
Published: 21-09-2022 | 13:23:00 | By: Pie Kamau
Remedial Health, a healthtech startup that develops solutions to make Africa’s pharmaceutical value chain more efficient, has raised $4.4 million in seed funding to accelerate its expansion across Nigeria.


Swiss biotech startup Hedera Dx raises €14m seed funding to accelerate global adoption of liquid biopsies
Published: 21-09-2022 | 11:52:00 | By: Pie Kamau
Hedera Dx, a Swiss biotech startup, has raised €14 million in funding to launch a blood-based testing solution to profile cancer DNA circulating in the blood, helping patients access better treatments.


Idealist Capital announces first close of its Climate Impact Fund to accelerate energy transition
Published: 21-09-2022 | 11:32:00 | By: Pie Kamau
Idealist Capital, a North American fund with a primary focus on the Canadian market, announced the first closing of the Idealist Climate Impact Fund LP (the Fund) with capital commitments totalling C$250 million. 


Human Ventures announces anchor partnership with Bank of America to invest in early-stage founders
Published: 21-09-2022 | 11:09:00 | By: Pie Kamau
Human Ventures, one of New York City's premier emerging venture funds, announced an anchor partnership with Bank of America for Human Ventures Fund II.


Israeli data security startup Sentra launches in the U.S.
Published: 21-09-2022 | 10:51:00 | By: Pie Kamau
Sentra, an Israeli cloud data security company, announced its arrival in the U.S. market with the opening of its new North American headquarters in New York City.


Google-backed startup Massage Robotics launches equity crowdfunding via StartEngine
Published: 21-09-2022 | 10:26:00 | By: Pie Kamau
Google-backed startup, Massage Robotics announced the launch of equity crowdfunding via StartEngine, to show how robots can help people heal with free massage therapy.


Canadian Raven Indigenous Capital Partners launches Fund II at $46m, eyes U.S. markets
Published: 21-09-2022 | 10:06:00 | By: Pie Kamau
Raven Indigenous Capital Partners, North America’s only Indigenous-led and owned venture capital intermediary, launched its second fund (Raven Fund II) with an initial close of $46 million, and a target size of $75 million.


Gradient Ventures leads $6m investment in LatAm's tax-technology startup Heru
Published: 20-09-2022 | 16:27:00 | By: Pie Kamau
Heru, an AI-based tax platform that simplifies the tax-filing process and provides intelligent insights for future filings, announced a $6 million seed round led by Gradient Ventures, Google's AI-focused venture fund. 


MedGeo secures $4m equity investment and joint venture agreement with Jackson Healthcare company
Published: 20-09-2022 | 16:12:00 | By: Pie Kamau
MedGeo Ventures announced it has secured a $4 million equity investment and joint venture agreement with Jackson Healthcare company.


Dutch sustainable blockchain startup GRNGrid secures $50m to drive connectivity with crypto exchanges
Published: 20-09-2022 | 15:53:00 | By: Pie Kamau
The GRN Association announced it has secured an investment totaling $50 million for the GRNGrid project from GEM Digital, a venture capital focused on digital currencies.


Nigerian blockchain payments startup Bitmama closes $2m pre-seed round to scale growth
Published: 20-09-2022 | 15:28:00 | By: Pie Kamau
Nigerian blockchain payments startup Bitmama announced a pre-seed extension of $1.65 million, adding to the $350,000 it received last October, thus closing the round at $2 million led by Unicorn Growth Capital and Launch Africa.


Unicorn Growth Capital, EchoVC join Celo Foundation to support Web3 projects across Africa
Published: 20-09-2022 | 15:23:00 | By: Pie Kamau
Unicorn Growth Capital and EchoVC have joined the Celo Foundation to support growth of Web3 projects across Africa through newly dedicated Celo ecosystem investment funds.


French AI and cloud media startup Newsbridge closes €7m funding round to develop U.S. presence
Published: 19-09-2022 | 12:35:00 | By: Pie Kamau
Newsbridge, the French AI & Cloud Media company has raised €7 million Series A funding round to continue its expansion to the U.S.A, and hire top AI and Media Engineering talent.


Dutch-based Builders studio raises €1.5m for development of HR and proptech startups
Published: 19-09-2022 | 10:12:00 | By: Pie Kamau
Rotterdam-based startup studio Builders has raised €1.5 million in funding in its second closing, to develop HR and proptech startups and start international expansion.


Ghanaian health tech startup mPharma acquires majority stake in Nigeria’s HealthPlus
Published: 19-09-2022 | 09:50:00 | By: Pie Kamau
Ghanaian health tech startup mPharma has acquired a majority stake in HealthPlus, a pioneer pharmacy chain in Nigeria.


Security and management supplier Verkada raises $205m to build an operating system for the physical world
Published: 19-09-2022 | 09:36:00 | By: Pie Kamau
Verkada, a pioneer in cloud-managed enterprise building security and management, announced a $205 million Series D funding round with new and existing venture partners.


India's fruits and vegetables platform Sahyadri Farms raises €40m growth capital to support smallholder farmers
Published: 19-09-2022 | 09:19:00 | By: Pie Kamau
India's integrated platform for fruits and vegetables Sahyadri Farms has raised  €40 million growth capital from a group of impact-focused investors; Incofin, Korys, FMO and Proparco.


French biotech startup Tridek-One closes €16m to develop first-in-class immune checkpoint agonists
Published: 16-09-2022 | 12:07:00 | By: Pie Kamau
Tridek-One, a Paris-based biotech startup specialized in the research and development of CD31 agonists to restore the immune balance, announced it has closed a €16 million financing round led by the Swiss VC Pureos Bioventures.


Industrial automation and agritech startup Agtonomy closes seed III funding round
Published: 16-09-2022 | 11:47:00 | By: Pie Kamau
Agtonomy, a cutting-edge software and service agritech startup, announced the successful closing of another round of funding for a total investment of $13.5 million.


Tallinn-based climate tech startup Arbonics raises €1.8m pre-seed funding to fight climate change in Europe
Published: 16-09-2022 | 11:19:00 | By: Pie Kamau
Arbonics, a new climate tech startup, is launching its unique data- and science-driven tool to make calculating the potential carbon income of land and forests quicker and easier for landowners in Europe.


African fintech startup Flutterwave launches eNaira payments for businesses in Nigeria
Published: 16-09-2022 | 11:06:57 | By: Pie Kamau
Flutterwave, Africa's payments technology company announced its merchants can now process payments in eNaira, the Nigerian digital currency issued and distributed by the Central Bank of Nigeria.


Kenyan insurtech startup Turaco secures $10m funding to drive insurance adoption
Published: 16-09-2022 | 09:58:00 | By: Pie Kamau
Turaco, the insurtech driving mass market insurance adoption, has announced the close of a $10 million Series A equity round led by AfricInvest, via the Cathay Africinvest Innovation Fund.


Nigerian fintech startup Kippa raises $8.4m seed round to accelerate growth
Published: 16-09-2022 | 09:27:00 | By: Pie Kamau
Nigerian fintech startup Kippa has raised $8.4 million in an oversubscribed seed round led by Goodwater Capital, TEN13 VC, Rocketship VC, Saison Capital, Crestone VC, VentureSouq, Horizon Partners, and Vibe Capital.


BRV China-backed HPC-AI Tech startup completes $6m seed and angel round financing
Published: 15-09-2022 | 11:02:00 | By: Pie Kamau
HPC-AI Tech, an artificial intelligence high-performance optimization startup announced the closing of $6 million seed and angel rounds, with BlueRun Ventures China (BRV China) acting as the lead investor for the angel round.


Irish e-Commerce growth unicorn Wayflyer secures $253m debt financing from Credit Suisse
Published: 15-09-2022 | 10:44:00 | By: Pie Kamau
Wayflyer, the revenue-based financing and growth platform for e-Commerce businesses, has secured $253 milion debt financing facility from Credit Suisse.


Hyperspec AI startup releases software platform for autonomous driving development
Published: 15-09-2022 | 10:20:00 | By: Pie Kamau
Hyperspec AI, an artificial intelligence startup, released a new tool for developers working on ADAS enabled and autonomous vehicles (AV).


Fintech startup Power emerges from stealth with $16.1m seed funding and $300m credit facility
Published: 15-09-2022 | 09:33:00 | By: Pie Kamau
Power, a fintech startup with plans to reshape global commerce, has finally teased early progress as it emerges from stealth with $16.1m in seed funding, a $300m credit facility, and a fast-growing list of customers.


Carrier Ventures invests in next-gen sustainable technology startups Archilogic, Butlr and Transaera
Published: 15-09-2022 | 09:19:00 | By: Pie Kamau
Carrier Global Corporation, the global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, has completed three new investments through its Carrier Ventures group.


Copenhagen-based Monta lands €30m additional financing to accelerate the buildout of EV charging infrastructure
Published: 14-09-2022 | 15:26:00 | By: Pie Kamau
Monta, the Copenhagen-based all-in-one EV charging management platform, announced it has secured an additional €30 million as part of a Series A+ round led by Energize Ventures.


Tech startup Alcatraz AI receives $25m Series A funding to accelerate international growth
Published: 14-09-2022 | 14:59:00 | By: Pie Kamau
The European Bank for Reconstruction and Development (EBRD) is supporting the product development, sales and marketing of Bulgaria and US-based tech startup Alcatraz AI with an equity investment, as part of a $25 million.


ff Venture Capital launches first US VC Fund to back Ukrainian founders and startups
Published: 14-09-2022 | 14:42:00 | By: Pie Kamau
ff Venture Capital (ffVC), an early-stage venture firm, has launched the ff Blue & Yellow Heritage Fund, the first US venture capital fund exclusively for Ukrainian founders and startups.


Copenhagen-founded open podcast startup Podimo secures €58.6m funding to accelerate market expansion
Published: 14-09-2022 | 14:20:00 | By: Pie Kamau
Copenhagen-founded startup Podimo, the subscription service for podcasts and audiobooks, announced it has secured another €58.6 million in an up round of funding, led by 83North.


Multimedia startup Tract raises $7m to empower kids develop 21st century skills through content creation
Published: 14-09-2022 | 14:00:00 | By: Pie Kamau
Tract, the online community where kids teach kids through multimedia, announced its $7 million seed funding round led by NEA.


Amcor increases investment in digital flexible packaging startup ePac
Published: 14-09-2022 | 13:26:00 | By: Pie Kamau
Amcor, a global player in developing and producing responsible packaging solutions, announced a further strategic investment of up to $45 million in ePac Flexible Packaging (ePac), a player in high quality, short run length digitally-based flexible packaging.


[Startup Interview] Tesh Mbaabu, CEO, MarketForce, Kenya
Published: 12-09-2022 | 16:47:00 | By: Pie Kamau
Tesh Mbaabu is a serial entrepreneur who lives to blend commerce and technology. He is the Co-founder and CEO of Kenyan-based B2B platform for retail distribution of consumer goods and digital financial services in Africa today, MarketForce.


Africa's gender equal tech VC fund Janngo Capital reaches first close of its €60m fund
Published: 12-09-2022 | 16:38:00 | By: Pie Kamau
Janngo Capital Startup Fund (JCSF) has announced its first close at €34 million in capital commitments, to invest 50% of its proceeds in companies founded, co-founded, or benefiting women.


Finnish biotech startup Onego Bio secures €4.5m additional funding to accelerate Research & Development
Published: 12-09-2022 | 11:57:00 | By: Pie Kamau
Business Finland, a public organization under the Finnish Ministry of Employment and the Economy, has awarded a grant of additional €4.5 million for Onego Bio's research and development work.


Dutch game-tech startup Enliven raises €1m for groundbreaking empathy training in virtual reality
Published: 12-09-2022 | 11:29:00 | By: Pie Kamau
Together with Oost NL, LUMO Labs is investing €1 million in game-tech company Enliven. This Dutch startup from Arnhem offers groundbreaking empathy training for the prevention of physical and emotional violence in home and workplace.


Austrian SaaS startup Shopstory raises €2.2m in second round funding to back e-Commerce brands
Published: 12-09-2022 | 10:58:00 | By: Pie Kamau
Austrian startup Shopstory is raising a million-dollar investment from tecnet equity, Startup300 and business angels Patrick Pöschl (Co-Founder Scalable Capital) and Hansi Hansmann in its second round of financing.


Cyber security starup SaaS Alerts secures $22m to scale its security monitoring and response platform
Published: 12-09-2022 | 10:33:00 | By: Pie Kamau
SaaS Alerts, the cybersecurity company purpose-built for Managed Service Providers (MSPs) to protect and monetize their customers' core business SaaS applications, announced it has secured a $22 million growth investment.


Fireblocks surpasses $100m ARR milestone, cements its status as SaaS centaur
Published: 12-09-2022 | 10:19:00 | By: Pie Kamau
Fireblocks, an easy-to-use platform to create innovative products on the blockchain and manage day-to-day crypto operations, announced that its 2022 Annual Recurring Revenue (ARR) has surpassed $100 million.


Newly launched Accelerator Geekz Ventures joins Techstars Foundation
Published: 09-09-2022 | 13:20:00 | By: Pie Kamau
Atlanta-based entrepreneur Kunbi Tinuoye's new initiative to support minority founders has been selected to participate in the highly competitive Techstars Foundation's Accelerate Equity cohort. 


Smart energy startup Flair raises $7.6m Series A funding to expand climate tech for home and grid
Published: 09-09-2022 | 12:45:00 | By: Pie Kamau
Flair, creators of smart vents, thermostats and easy-to-use software for room-level temperature control, announced the closing of a $7.6 million Series A funding round.


Google announces 60 African startups selected for its second Black Founders Fund
Published: 09-09-2022 | 11:39:00 | By: Pie Kamau
Google has announced 60 qualifiers for its Google for Startups Black Founders Fund (BFF) for African startups.


Nigerian fintech startup NowNow raises $13m seed round to expand across Africa
Published: 09-09-2022 | 11:31:00 | By: Pie Kamau
Nigerian fintech startup NowNow Digital Systems has raised  $13 million in its seed round for expansion across Africa.


Waya digital banking startup for African immigrants goes official
Published: 09-09-2022 | 11:23:00 | By: Pie Kamau
Waya, a Kenyan and US-based fintech startup has announced the official launch of its full-service digital bank and money transfer app targeting the African Diaspora. 


Fintech startup Duplo raises $4.3m seed funding to transform business-to-business payments in Nigeria
Published: 09-09-2022 | 11:14:08 | By: Pie Kamau
Duplo, a business-to-business payment platform that makes it easier for African businesses of all sizes to pay each other, has raised $4.3 million in seed funding to launch new products and expand into new business verticals in Nigeria.


San Francisco-based startup HumanQ raises $2m seed round to expand its technology products
Published: 07-09-2022 | 13:35:00 | By: Pie Kamau
San Francisco-based HumanQ (formerly known as Experiential Insight), announced a $2 million seed round of funding, led by Kindred Ventures, to further expand on its technology products.


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.


BioInnovation Institute announces new cohort of companies entering the Venture Lab program
Published: 07-09-2022 | 12:43:00 | By: Pie Kamau
BioInnovation Institute (BII), an international commercial non-profit foundation incubating and accelerating world-class life science research, announced the latest cohort of participants in its Venture Lab acceleration program for early-stage startups.


Polish startup DoxyChain raises €2.2m early seed funding to expedite security in document management
Published: 07-09-2022 | 12:17:00 | By: Pie Kamau
DoxyChain, a Polish startup building a solution for traditional document management transition to web 3.0 world, announced it has  raised €2.2 million from international investors to power its growth.


Swiss crypto startup 21.co raises $25m, becomes Switzerland's largest crypto Unicorn
Published: 07-09-2022 | 11:51:00 | By: Pie Kamau
21.co, the world's player in providing access to crypto through simple and easy to use products, announced a $25 million round led by Marshall Wace.


Edge computing startup EDJX appoints Benjamin Thomas as new CEO, raises seed funding round
Published: 06-09-2022 | 16:34:00 | By: Pie Kamau
EDJX, the pioneer in decentralized global serverless edge computing, announced it has hired a new CEO while simultaneously raising a seed round of funding.


Singapore-based web3 cybersecurity startup Silence Laboratories raises $1.7m seed funding to acccelerate growth
Published: 06-09-2022 | 13:26:00 | By: Pie Kamau
Silence Laboratories, a web3 focused cybersecurity startup working on libraries for MPC and Proofs-based Decentralised Security-as-Service (DSaaS), has closed a $1.7 million round in a seed funding.


Dutch solar-powered car startup Lightyear secures €81m additional capital investment
Published: 06-09-2022 | 13:09:00 | By: Pie Kamau
Lightyear, a Dutch high-tech startup developing the world’s first solar car, announced a total investment of €81 million, which includes capital from the public consortium consisting of Invest-NL.


Infrastructure and private equity investment manager Foresight launches in Dublin, Ireland
Published: 06-09-2022 | 12:46:00 | By: Pie Kamau
Foresight Group (Foresight), a private equity and infrastructure investment manager, has announced the opening of its new office in Dublin, Ireland.


Missouri-based insurtech startup iCover raises $5m pre-Series A funding to accelerate growth
Published: 06-09-2022 | 12:18:00 | By: Pie Kamau
iCover, a Missouri-based insurtech startup that provides an algorithmic underwriting and QUI based eApp Service for life insurance companies, raised $5 million in pre-Series A funding. 


Puna Bio startup raises $3.7m seed funding to restore soil health with desert microbes
Published: 05-09-2022 | 14:41:00 | By: Pie Kamau
Puna Bio announced $3.7 million in seed funding that will be used to commercially launch its first soybean seed treatment in Argentina that is cost competitive to existing biological solutions, expand field trials for wheat and corn.


Customer engagement startup OneSignal raises $50m Series C funding to accelerate global expansion
Published: 05-09-2022 | 14:21:00 | By: Pie Kamau
OneSignal, the the customer engagement platform, secured $50 million in Series C funding to advance its unified messaging and orchestration capabilities, enhance its mobile data-driven email product.


African fintech startup Flutterwave secures switching and processing license from Central Bank of Nigeria
Published: 05-09-2022 | 14:11:00 | By: Pie Kamau
Flutterwave, Africa's payments technology company has been granted a Switching and Processing License by the Central Bank of Nigeria (CBN), widely regarded as CBN's most valuable payments processing license.


Japanese foodtech startup Yo-Kai Express partners with IPPUDO and TableMark to bring ramen and udon dishes to its autonomous restaurant platform
Published: 05-09-2022 | 14:01:00 | By: Pie Kamau
Yo-Kai Express announced new partnerships with TableMark and Chikaranomoto, to jointly develop and market varieties of new udon and ramen menu options.


Chinese biotech startup CellOrigin partners with Qilu Pharmaceutical to develop "off-the-shelf" CAR-iMAC cell therapy
Published: 05-09-2022 | 13:16:00 | By: Pie Kamau
CellOrigin Biotech has made an agreement with Qilu Pharmaceutical on strategic global collaborations to develop, manufacture and commercialize a proprietary "off-the-shelf" CAR-iMAC cell therapy.


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. 


Swiss foodtech startup Planted raises €70m Series B funding to accelerate international growth
Published: 01-09-2022 | 15:01:00 | By: Pie Kamau
Swiss foodtech startup Planted, known for its natural biostructured meat made from alternative proteins, announced it has successfully closed its Series B financing round of €70 million.


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. 


Kenyan fintech startup Pezesha raises $11m to expand across Africa
Published: 01-09-2022 | 14:36:00 | By: Pie Kamau
Pezesha, a Kenyan fintech that has built a platform where small and medium enterprises can access funding, has raised $11 million in a pre-series A equity and debt funding.


Kenyan B2B e-Commerce startup Wasoko opens innovation hub in Zanzibar
Published: 01-09-2022 | 14:27:00 | By: Pie Kamau
Wasoko (formerly Sokowatch), an African B2B e-Commerce startup that leverages technology to transform the informal retail supply chain, announced the official launch of the “Wasoko Innovation Hub” in partnership with the Zanzibar government.


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