News

Published: 29-03-2018 19:00:00 | By: Nico Scherphuis | hits: 175018 | Tags:

Neighbor attracts top tech talent to usher in new wave of growth for Silicon Slopes startup
Published: 23-09-2020 | 13:56:00 | By: Pie Kamau
Neighbor, the self-storage marketplace disruptor, has added three strategic hires to its executive team to fuel a new wave of growth for the Andreesesen Horowitz-funded startup, which has grown 5X in 2020.


Legendary Ventures invests in Elon Musk's SpaceX
Published: 23-09-2020 | 13:34:00 | By: Pie Kamau
Legendary Ventures announced an investment in Space Exploration Technologies Corp. (SpaceX) through its Series N funding round.


London-based startup TopTip plans to give half its shares to its users
Published: 23-09-2020 | 13:12:00 | By: Pie Kamau
London-based startup Useful Interruptions, owner of the TopTip recommendations app, announced the launch of its Founders Club programme that aims to give half the shares in the company to users of TopTip.


Clearent acquires field-services-management solution Wintac
Published: 23-09-2020 | 12:20:00 | By: Bob Koigi
Payment-solutions provider Clearent has acquired Wintac, a field-service-management software solution primarily targeting residential contractors.


Brazil fintech startup Zoop secures $11.4 million funding to accelerate growth
Published: 23-09-2020 | 12:09:45 | By: Bob Koigi
Movile, one of Latin America’s investors and growth accelerators for technology companies, has announced the company led a new investment of R$ 60 million in Zoop, a startup in financial services for the B2B market.


Bright Health raises $500 million to fund low cost medicare, expansion
Published: 23-09-2020 | 12:04:48 | By: Bob Koigi
US medicare startup Bright Health has announced a $500 million Series E funding round with significant investments by funds and accounts advised by Tiger Global Management.


Phytolon secures $4.1 million funding for natural food colour tech
Published: 22-09-2020 | 15:17:00 | By: Bob Koigi
Israel-based Phytolon, a portfolio company of The Trendlines Group Ltd has announced that it secured $4.1 million in funding for its fermentation-based technology for the production of plant-based food colours.


Ireland biotech startup Inflazome acquired by Roche for €380 million
Published: 22-09-2020 | 15:12:00 | By: Bob Koigi
Inflazome has announced that it has closed a share purchase agreement with Roche in which Inflazome’s shareholders received an upfront payment of €380 million.


Finish startup ICEYE raises $87m to accelerate growth of its SAR satellite constellation
Published: 22-09-2020 | 14:28:00 | By: Pie Kamau
ICEYE, a SAR data provider, announced the closing of a larger than planned $87 million Series C funding, led by return investor True Ventures, with a significant additional investment by OTB Ventures.


Finch secures $1.8m to launch all-in-one checking and investing account for millennials
Published: 22-09-2020 | 13:56:00 | By: Pie Kamau
Finch, a New York based fintech startup that integrates the benefits of investing and the flexibility of checking into an all-in-one account has raised $1.8 million in seed funding to launch its platform and help transform how people manage their money.


Neurostimulation startup Salvia BioElectronics raises €26m to develop innovative therapy for chronic migraine
Published: 22-09-2020 | 13:15:00 | By: Pie Kamau
Salvia BioElectronics B.V., a neurostimulation platform company targeting chronic migraine, has raised €26 million in new financing from new and existing investors.


Amsterdam based startup Zeta Alpha launches AI platform to help experts navigate new research
Published: 22-09-2020 | 13:00:12 | By: Pie Kamau
Amsterdam based startup Zeta Alpha is launching AI Research Navigator, a new deep learning-based search platform, to help AI experts navigate new research.


[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.


ARM launches API service for fintech startups in Nigeria
Published: 22-09-2020 | 09:33:27 | By: Pie Kamau
Nigeria's financial services provider ARM launched ARM Sandbox, a new and more efficient way for fintechs to scale their integration and customer acquisition plans.


Online sales program startup Virtanza closes $1m in private investment funding round
Published: 21-09-2020 | 14:26:00 | By: Pie Kamau
Sales2Job Academy, DBA Virtanza, an Orange County-based company that offers higher education a scalable sales training solution directly connected to employers, announced it has raised seed round funding totaling $1 million from private investors.


South Korean fntech startup WireBarley raises $10m Series B to strengthen global remittance service capabilities
Published: 21-09-2020 | 14:10:00 | By: Pie Kamau
South Korean fintech startup in global memittance WireBarley has raised $10 million in Series B funding from Magna Investment, Shinsegae I&C and Dt & Investment.


South Korean healthcare startup WellsCare signs in-store contract with b8ta for IASO
Published: 21-09-2020 | 14:00:35 | By: Pie Kamau
WellsCare, a member company of the Born2Global Centre, signed a store contract with b8ta, a famous American flagship store that is dedicated to innovative products.


Harvard-incubated startup MarqVision launches AI-powered platform to protect brands from counterfeits
Published: 21-09-2020 | 13:43:44 | By: Pie Kamau
MarqVision, an AI-based SaaS company, launched its brand protection platform that helps brands effortlessly detect and remove counterfeits on online marketplaces.


[Startup Interview] Jason Gras, Emile Fulcheri, Stima, Kenya
Published: 19-09-2020 | 10:54:00 | By: Bob Koigi
Stima is a Kenya-based startup that operates a smart service swap stations providing charging services to enable moto-taxi riders to switch to electric motorcycles.


Zuper raises $1.1 million seed funding to boost its workforce management Saas platform
Published: 19-09-2020 | 10:29:03 | By: Bob Koigi
Zuper, provider of an intelligent workforce and customer management platform has raised $1.1 million in seed funding.


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


German urban farming startup Infarm raises $170m to grow urban vertical farming network in the world
Published: 18-09-2020 | 13:22:00 | By: Pie Kamau
Infarm, German urban farming network announced $170 million investment raised in the first close of a Series C funding round expected to reach $200 million.


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


Delivery Hero buys Glovo’s Latin America operations at $272 million
Published: 18-09-2020 | 12:39:00 | By: Bob Koigi
Delivery Hero, the world’s local delivery platform, has entered into an agreement with Glovo, an on-demand delivery start-up, to acquire its operations in Latin America for up to €230 million.


DemandSage secures $3 million funding to improve sales and marketing data
Published: 18-09-2020 | 12:33:42 | By: Bob Koigi
Demand Sage, a US-based revenue operations startup built on Google Sheets, has raised a $3 million Seed round led by Eniac Ventures and Underscore VC.


Plug and Play selects 147 startups for its winter 2020 batches
Published: 18-09-2020 | 12:02:00 | By: Pie Kamau
Plug and Play announced the selection of 147 new startups into its winter 2020 batches. The startups were selected to join one of the following programs that will run through November 2020.


Imagine Impact closes Series A financing with Benchmark
Published: 18-09-2020 | 11:42:17 | By: Pie Kamau
Imagine Impact, the content accelerator and online marketplace startup founded by Academy Award-winning duo Brian Grazer and Ron Howard, announced the close of its Series A financing round led by Benchmark, a Silicon Valley Venture Capital firm.


realme unveils realme C15, the first 6000mAh smartphone in Kenya
Published: 18-09-2020 | 09:45:00 | By: Bob Koigi
Emerging mobile phone brand realme has unveiled the latest addition to its C-series stable, the realme C15, in Kenya as it seeks to capture one of the most advanced mobile phone markets in the continent.


Fintech startup KodyPay raises £1.8m to transform payments industry
Published: 17-09-2020 | 12:35:00 | By: Pie Kamau
London based fintech startup KodyPay, raised £1.8 million to transform the payments industry, allowing users to pay for goods in-store without queueing thereby making shopping a prompt and effortless process.


Cellular agriculture startup Wildtype launches salmon in sushi restaurants
Published: 17-09-2020 | 12:07:00 | By: Pie Kamau
Cellular agriculture startup Wildtype has unveiled its latest cell-based salmon. This version is "sushi-grade" and crafted with the sushi industry's favorite raw salmon applications in mind.


Infarm announces $170 million financing to grow innovative urban farming model
Published: 17-09-2020 | 11:45:31 | By: Bob Koigi
Berlin urban farming network Infarm has announced $170 million investment raised in the first close of a Series C funding round expected to reach $200 million.


AppDirect raises $185 million funding to fuel global expansion
Published: 17-09-2020 | 11:42:16 | By: Bob Koigi
AppDirect, the subscription commerce platform, has announced investments of $185 million from global institutional investor Caisse de dépôt et placement du Québec (CDPQ) and existing investors.


ventureLAB, Silicon Catalyst partner to expand hardware and silicon ecosystem in Canada
Published: 17-09-2020 | 11:37:30 | By: Bob Koigi
Canada-based technology hub ventureLAB has partnered with Silicon Catalyst to expand its reach for the Hardware Catalyst Initiative (HCI), Canada’s first hardware and silicon lab and incubator.


SEMrush acquires Poland's SaaS PR tech startup Prowly
Published: 17-09-2020 | 11:29:00 | By: Pie Kamau
SEMrush, an online visibility management and content marketing SaaS platform, has further expanded its ecosystem with the acquisition of a 100% stake in Poland's public relations SaaS startup Prowly.com.


Trust Payments partners with messaging and e-commerce startup Wakanda Messenger to empower Africans around the world
Published: 17-09-2020 | 11:05:41 | By: Pie Kamau
Trust Payments, the global unified payments group for global pay-in, pay-out and customer journey technologies, has partnered with social network, messaging and e-commerce startup Wakanda Messenger.