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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 2248227 | Tags:

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


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


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


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


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


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


Climate finance trading platform Senken raises $7.5m to streamline and expand carbon markets offerings
Published: 30-01-2023 | 10:52:00 | By: Pie Kamau
Senken, the climate finance trading platform of on-chain carbon credits, announced it has raised $7.5 million in new funding, the most significant capital raise in its industry, led by Obvious Ventures.


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


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


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


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


Workstyle Africa and SNDBX launch entrepreneurship centers in East Africa
Published: 27-01-2023 | 13:17:14 | By: Bob Koigi
Serviced office space provider, Workstyle Africa, has partnered with SNDBX International, a business growth ecosystem, to open five one-stop-shop entrepreneurship centres and workspaces in East Africa.


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


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


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


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


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


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


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


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


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


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


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


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


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


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


New Orleans edtech startup Pressto utilizes AI to revolutionize writing instruction
Published: 25-01-2023 | 10:59:00 | By: Pie Kamau
Edtech startup Pressto is releasing unprecedented teacher-driven product enhancements, including the incorporation of unique AI capabilities, at the Future of Education Technology Conference in New Orleans.


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


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


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


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


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


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


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


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


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


Israeli startup aiOla raises $25m to interface natural language to AI solutions in traditional manufacturing
Published: 24-01-2023 | 12:13:00 | By: Pie Kamau
Israeli startup aiOla announced it has secured $25 million in funding led by New Era with the participation of Hamilton Lane and other investors.


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


Real-time animation startup Rive raises $10m Series A funding to launch its cloud collaboration tool for animated graphics
Published: 18-01-2023 | 16:12:00 | By: Pie Kamau
Rive, provider of real-time animation software, announced $10 million in Series A funding to support the launch of Rive's cloud collaboration tool for creating animated graphics that run anywhere.


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


Maven Mentorship programme to equip teenagers with skills for the future
Published: 12-01-2023 | 11:00:00 | By: Bob Koigi
Former Principal Executive Director at Britam PLC  Stephen Wandera has launched a mentorship programme aimed at equipping teenagers with the necessary skills to  be prepared for the future.


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


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


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


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


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


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


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


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


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


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


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


Plesion Capital invests $500,000 funding in Ugandan fintech platform Xeno
Published: 09-01-2023 | 10:03:00 | By: Pie Kamau
Plesion Capital announced its formation as a social impact venture capital firm focused on partnering with mission-based entrepreneurs and companies to combat poverty around the world.


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


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


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


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


The payment of goods and services will be in charge of cryptocurrencies
Published: 09-01-2023 | 09:00:00 | By: Bob Koigi
With the evolution of society, the use of money as a means of exchange in any financial transaction has become increasingly essential; it represents the value that a product, exemplary, or service can have worldwide.


Top 5 cryptocurrencies that increased and decreased their price due to the merge
Published: 09-01-2023 | 09:00:00 | By: Bob Koigi
The definitive elimination of Ethereum mining generated the greatest expectation regarding the migration of miners to the ETH network, to the point that the cryptocurrency market was expected to have an upward behavior that would undoubtedly benefit all investors.


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


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


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


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


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


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


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


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


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


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


Kenya to host sixth edition of continental agriculture expo
Published: 04-01-2023 | 09:30:00 | By: Bob Koigi
Kenya will host the 6th edition of Africa Agri Expo in February 2023 , endorsed by Ministry of Agriculture and Livestock Development aimed at bringing the entire agricultural value chain under one roof.


[Startup Interview] James Adebisi, Founder, Oruis Medical, Nigeria
Published: 23-12-2022 | 12:23:21 | By: Bob Koigi
Orius Medical is a Nigerian health startup that provides mental care and support through psychotherapy and mental health education.


Dutch startup Aiosyn raises €2m to develop AI-powered algorithms to support pathologists with clinical diagnostics
Published: 22-12-2022 | 11:50:00 | By: Pie Kamau
 Aiosyn, a diagnostics platform that uses artificial intelligence to support pathologists with more accurate and efficient clinical diagnostics, raised an investment round of €2 million.


Ran Ziv joins Israeli proptech startup BeamUP as CTO
Published: 22-12-2022 | 11:18:00 | By: Pie Kamau
BeamUP, the pioneer in enterprise data management for building system design and operations, announced it has hired Ran Ziv as CTO.


OKX Ventures, GSRV co-lead $2m seed round for decentralized identity platform Nametag
Published: 22-12-2022 | 11:02:00 | By: Pie Kamau
Nametag, creators of the new standard for end-user identity verification with web3, announced a $2 million seed round co-led by GSRV and OKX Ventures.


Digital asset investment management platform ML Tech raises $1.9m strategic round
Published: 22-12-2022 | 10:37:00 | By: Pie Kamau
ML Tech, a non-custodial digital asset investment management platform providing institutional investors access to automated crypto trading strategies, raised over $1.9 million in a strategic round that included well-known investors.


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.


The Kenya Trade Network Agency launches trade facilitation tool
Published: 22-12-2022 | 06:57:06 | By: Bob Koigi
The Trade Facilitation Platform facilitates trade in Kenya by reducing delays and lowering costs associated with clearance of goods at the Kenyan borders, while maintaining the requisite controls and collection of levies, fee and duties, where applicable, on imports and exports.


Finnish asset management firm eQ raises more than €500m for private equity and venture capital funds
Published: 21-12-2022 | 09:08:00 | By: Pie Kamau
eQ PE XIV North focusing on Northern Europe held its final close on €288 million, a more than 40 % increase compared to its predecessor.


Paris-based startup QuantCube raises Series B funding to support growth in economic nowcasting, harnessing AI and big data analytics
Published: 21-12-2022 | 08:49:00 | By: Pie Kamau
Real-time economic intelligence provider QuantCube Technology, announced it has secured funding led by Strategic Development Fund (SDF), the investment arm of UAE’s Tawazun Council.


South Korean startup Xinapse scales AI solutions in the global market
Published: 21-12-2022 | 08:35:00 | By: Pie Kamau
Xinapse, a member of the Born2Global Centre, a Korean generative AI startup that is planning to enter the U.S. publishing market and will participate in the upcoming CES exhibition in Las Vegas in 2023, is scaling AI solutions in the global market.


proteanTecs named #1 most promising startup in Israel
Published: 21-12-2022 | 08:14:00 | By: Pie Kamau
proteanTecs, a global pioneer of deep data analytics for advanced electronics, has been named the Most Promising Israeli Startup 2022 by Globes, an Israeli business publication.


Hologram startup Proto secures investment from Christie’s Ventures to accelerate growth
Published: 21-12-2022 | 07:57:00 | By: Pie Kamau
Proto, the original hologram device and platform, announced that Christie's Ventures has invested in the company, solidifying the bonds of their successful collaborations.


Web3 startup Tonsnipe raises $100K to build a token and NFT aggregator on Ton blockchain
Published: 21-12-2022 | 07:44:00 | By: Pie Kamau
Tonsnipe, a web3 startup building on The Open Network has closed a $100K private funding round to develop a Ton blockchain-based native token and NFT aggregator.


Dutch scale ups face €500b financing gap, report
Published: 20-12-2022 | 12:18:00 | By: Pie Kamau
Venture Capital firm Lakestar released The €500 Billion Dutch Financing Gap report, which delves into the Netherland’s strong heritage in scaling growth companies and how it can create the next wave of companies for the future.


Impact Venture Capital invests $8m seed round for Web3 startup Virtualness
Published: 20-12-2022 | 11:52:00 | By: Pie Kamau
Impact Venture Capital announced its investment in Virtualness' oversubscribed $8 million seed round. Virtualness is a mobile-first platform designed to help creators and brands navigate the complex world of Web3.


Mad Capital closes $4m seed round to finance the regenerative agriculture revolution
Published: 20-12-2022 | 11:29:00 | By: Pie Kamau
Mad Capital, an impact-focused lender that offers equitable, flexible funding for organic and transitioning farmers, announced it has raised a $4 million Seed round, led by Trailhead Capital.


Traveltech startup Evaneos raises €20m to accelerate growth in Europe
Published: 20-12-2022 | 11:16:00 | By: Pie Kamau
Evaneos, the online platform dedicated to making travel a source of positive impact, announced a €20 million equity financing round to accelerate growth in Europe.


Healthtech startup PaxeraHealth closes series A funding round to accelerate its enterprise medical imaging and AI authoring platforms
Published: 20-12-2022 | 10:31:00 | By: Pie Kamau
PaxeraHealth, the medical imaging and AI developer, announced the close of its series A financing round led by Sopris Capital, a venture capital firm focused on technology-enabled healthcare solutions.


AI-driven SaaS startup Kuona raises $6m round to solve brand pricing and promotion challenges
Published: 20-12-2022 | 10:07:00 | By: Pie Kamau
Kuona, the intelligent SaaS platform that uses machine learning to automatically optimize product prices, promotions, and inventories for consumer packaged goods (CPGs) and retailers, announced it has raised a $6 million seed round.


Casted launches new program to democratize access to podcasting
Published: 19-12-2022 | 09:14:00 | By: Pie Kamau
Casted, the first and only podcast and video marketing platform made for B2B marketers, has launched Casted for Startups.


EG Capital announces anchor closing of its maiden fund to invest in startups across East Africa and Zambia
Published: 19-12-2022 | 09:04:00 | By: Pie Kamau
EG Capital, a growth-oriented private equity impact firm has announced the anchor closing of its first EG-Economic Empowerment Fund LP (EG-EEF), which will invest in medium-sized businesses.


Infinity AI startup raises $5m to build automated synthetic training data
Published: 19-12-2022 | 08:58:00 | By: Pie Kamau
Infinity AI, a startup that generates automated synthetic training data, announced a $5 million seed round led by Matrix with participation from founders and operators from companies like Snorkel AI, Tesla, and Google.


Indian AI-based asset and plant performance startup UptimeAI raises $3.5m funding to expand in the U.S.
Published: 19-12-2022 | 08:44:00 | By: Pie Kamau
UptimeAI, an AI-based digital transformation solution provider for the energy, chemicals, and heavy industries, has raised a total of $3.5 million funding led by Emergent Ventures.


Appier launches AIRIS, next-gen AI-powered CDP leveraging first-party data to activate MarTech applications
Published: 19-12-2022 | 08:17:00 | By: Pie Kamau
Shortening the time spent from data to insight and insight to action, and visualizing results from marketing campaigns remain as critical issues for most enterprises considering Customer Data Platforms (CDP).


Comedian, Actor and Host Howie Mandel Steps into the Metaverse powered by DeepBrain AI
Published: 16-12-2022 | 13:40:00 | By: Pie Kamau
DeepBrain AI, a member of the Born2Global Centre, and Howie Mandel have put their brains together to create AI Howie, a fully interactive virtual human AI replica of the famous comedian, actor, host, and technology enthusiast.


Italian biodiversity startup 3Bee raises €5m to scale the protection of pollinators in Europe
Published: 16-12-2022 | 13:29:00 | By: Pie Kamau
Italian-based scale-up 3Bee (a world with bees), which operates both in the B2C and B2B protection of ecosystems and pollinators area has raised €5 million series A funding round.


Nigerian online furniture store Taeillo raises $2.5m for expansion
Published: 16-12-2022 | 13:17:00 | By: Pie Kamau
Nigerian online store Taeillo, announced a $2.5 million funding round from Aruwa Capital, a growth equity and early-stage investor.


Visa announces grant to help African women fund managers grow their businesses
Published: 16-12-2022 | 13:00:00 | By: Pie Kamau
Visa has announced a grant towards the African Women Impact Fund (AWIF), a collaboration between Standard Bank and the United Nations Economic Commission for Africa (UNECA).


Senegalese startup Kwely launches made in Africa online store
Published: 16-12-2022 | 12:38:00 | By: Pie Kamau
Kwely, a Senegalese-based startup has launched a B2B e-marketplace to provide African producers and manufacturers with a global window to sell their products at scale.


VC fund Ventures Platform closes its pan-African and early-stage fund at $46m
Published: 16-12-2022 | 12:30:00 | By: Pie Kamau
Ventures Platform, a pan-African early-stage Venture Capital firm, announced the final close of its intercontinental fund, at $46 million. 


European fintech Novicap raises €200m for its Credit platform as it hits €1b transaction volume milestone
Published: 14-12-2022 | 09:40:00 | By: Pie Kamau
Novicap, the European fintech providing end-to-end working capital solutions, announced it has raised a €200 million debt facility from London-based asset manager, Fasanara Capital. 


[Column] Thabiso Foto: Can Africa's startup sector keep up its record funding run amidst global turmoil?
Published: 14-12-2022 | 09:07:00 | By: Pie Kamau
Startups have become vital engines of change that can have an outsized impact on an economy. They are crucial in fueling innovation and enhancing economic and digital competitiveness.


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.


African tech startup SeamlessHR picks Nairobi as its East African Hub
Published: 14-12-2022 | 08:46:00 | By: Pie Kamau
Nigeria’s tech startup SeamlessHR has launched its offices in the Kenyan market, choosing Nairobi as its East African Hub.


Shield AI boosts Series E to $225m to accelerate building world's best AI pilot
Published: 14-12-2022 | 08:37:00 | By: Pie Kamau
Shield AI, a fast-growing defense technology company building AI pilots for aircraft, announced it has raised additional equity capital from the U.S. Innovative Technology Fund (USIT).


Canadian healthtech startup KeyOps raises $4m seed round to fuel expansion in the U.S.
Published: 14-12-2022 | 08:27:00 | By: Pie Kamau
KeyOps, a Toronto-based Insights-as-a-Service (IaaS) startup, announced it has raised $4 million (CAD) in seed funding.


How do decentralized systems and crypto work together?
Published: 12-12-2022 | 08:30:00 | By: Bob Koigi
Decentralization is an essential feature of cryptocurrency. The transfer of money, investment, or trading is not in the control of the local governments.


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.


First investment of Mastercard Foundation Africa Growth Fund goes to Aruwa Capital Management
Published: 09-12-2022 | 13:05:00 | By: Pie Kamau
The first investment of the Mastercard Foundation Africa Growth Fund has gone to Aruwa Capital Management, a gender-lens $20 million fund dedicated to Nigeria's SMEs, managed by a first-time woman-led fund manager.


Identity verification startup Verified.Africa launches in Kenya
Published: 09-12-2022 | 12:59:00 | By: Pie Kamau
Verified.Africa, the pioneer of ID verification, document verification and digital KYC compliance solutions, announced it has launched in Kenya.


Japanese home health lab startup Bisu collaborates with Polaris Dawn to develop new ways to monitor astronaut health
Published: 05-12-2022 | 11:36:00 | By: Pie Kamau
Traveling in space leads to bone loss, muscle loss, and an increased risk of kidney stone formation, often starting within the first 24 hours of spaceflight as calcium levels in bone and tissue decrease.


Patria Investments announces expansion into venture capital
Published: 05-12-2022 | 11:18:00 | By: Pie Kamau
Patria Investments (Patria), a global alternative asset manager in Latin America, announced the launch of a new Venture Capital strategy, anchored by the acquisition of Igah Ventures, one of the pioneers of the sector in Latin America.


VENCO secures $670K pre-seed funding to deliver digital solutions for residential and commercial properties in Africa
Published: 05-12-2022 | 10:55:00 | By: Pie Kamau
VENCO, a technology company that provides solutions to enhance living experiences in residential and commercial communities in Africa, has secured $670K pre-seed funding round.


Plug and Play Japan selects 74 startups for its Winter/Spring 2023 Batch accelerator program
Published: 05-12-2022 | 10:36:00 | By: Pie Kamau
Global innovation platform, Plug and Play Japan has selected 74 startups from Japan and overseas for the Winter/Spring 2023 Batch accelerator program which will be carried out from December 2022 to March 2023.


HashKey and SEBA Bank partner to accelerate institutional adoption of digital assets in Hong Kong and Switzerland
Published: 05-12-2022 | 10:18:00 | By: Pie Kamau
HashKey and SEBA Bank announced a partnership to leverage their digital asset service offerings as well as custody and asset management products to accelerate institutional adoption of digital assets.


Israeli blockchain security startup CyVers raises $8m to bring proactive security to Web3 economy
Published: 05-12-2022 | 09:56:00 | By: Pie Kamau
CyVers, the provider of state-of-the-art proactive Web3 Security for the centralized, decentralized finance and smart contract applications via detection and interception of crypto attacks across blockchains, announced a $8 million in funding.


645 Ventures closes $347m fourth fund and first opportunity fund to invest in technology startups
Published: 02-12-2022 | 12:17:00 | By: Pie Kamau
645 Ventures, an early-stage venture capital firm that partners with exceptional founders building iconic technology companies, announced its oversubscribed fourth fund, Fund IV, alongside the launch of the firm's first opportunity fund, Select I.


Canadian B2B automotive trading startup TRADE X opens new trading facilities in Kenya
Published: 02-12-2022 | 11:56:00 | By: Pie Kamau
TRADE X, a B2B cross-border automotive trading platform based in Ontario, Canada, announced it has opened a new Kenyan trading corridor, which includes both a shared bonded warehouse in Mombasa and an office in Nairobi.


[Nebulab Case] How this e-Commerce tech studio went global to fight talent shortage and improve diversity
Published: 02-12-2022 | 11:42:00 | By: Pie Kamau
Hiring talent has become one of the top challenges for technology companies. The global talent shortage and emerging trends have made finding and retaining skilled professionals more difficult.


Identity hygiene startup SPHERE raises $31m Series B funding to accelerate growth, expand its SaaS platform
Published: 02-12-2022 | 11:21:00 | By: Pie Kamau
SPHERE Technology Solutions (SPHERE), a pioneer in identity hygiene, announced a $31 million Series B investment led by Edison Partners, a Princeton-based growth equity firm.


Yida Gao and Shima Capital invest in Web3 gaming startup Midnight
Published: 02-12-2022 | 10:52:00 | By: Pie Kamau
Shima Capital, led by founder and Managing General Partner Yida Gao, announced their investment in Web3 gaming startup Midnight.


Swedish automotive manufacturer Scania launches Scania Growth Capital II at €182.8m
Published: 01-12-2022 | 11:32:00 | By: Pie Kamau
Sweden-based automotive company Scania, announced it is launching a new €182.8 million investment vehicle, Scania Growth Capital II, following the success of its first venture capital fund, Scania Growth Capital I.


Netail closes $5m seed funding to advance retail-focused AI development
Published: 01-12-2022 | 10:54:00 | By: Pie Kamau
Netail, a technology that enables retailers to auto-identify competitors across the internet and track their assortments, availability and optimize prices in real time, announced the closing of $5 million in seed funding.


Travel startup Wander raises $100m credit facility from Credit Suisse to scale smart vacation homes across the U.S.
Published: 01-12-2022 | 10:36:00 | By: Pie Kamau
Wander, a travel startup with a network of smart vacation homes, announced it has closed a $100 million credit facility with Zürich-based Credit Suisse, a global investment bank and financial services firm.


StartupOS launches platform for early-stage startups
Published: 01-12-2022 | 10:08:00 | By: Pie Kamau
StartupOS announced it has launched a platform for early-stage startups that provides free access to the business tools, guidance, mentors, and investors that founders need to accelerate the growth of their company and raise capital.


Nigerian foodtech Orda raises $3.4m seed round to digitize African restaurants
Published: 01-12-2022 | 09:48:00 | By: Pie Kamau
Nigerian foodtech platform Orda announced has raised a $3.4 million seed round to further digitize food businesses across the continent.


AWARD selects 50 African women for fellowship on improving policy in the agri-food systems
Published: 30-11-2022 | 14:00:00 | By: Bob Koigi
Inspired by the flagship AWARD Fellowship Model, the Gender Responsive Agriculture Systems Policy (GRASP) Fellowship, aims to grow a pool of confident and capable African women to lead policy changes to improve African smallholders’ livelihoods.


Agroforestry startup Propagate raises $10m Series A funding to accelerate growth
Published: 30-11-2022 | 13:02:00 | By: Pie Kamau
Propagate, a commercial agroforestry platform, has closed a $10 million Series A led by Belgium-based The Nest.


Chinese web3 startup Viide shows ambition to leverage advertising through Decentralized Screen Network
Published: 30-11-2022 | 12:47:00 | By: Pie Kamau
Viide, a web3 startup has shown its ambition to leverage the value of web3 advertising in China through its Decentralized Screen Network.


Second Century Ventures expands REACH program to Latin America, opens applications for 2023 program
Published: 30-11-2022 | 12:22:00 | By: Pie Kamau
Second Century Ventures, the strategic investment arm of the National Association of Realtors, announced the expansion of the award-winning REACH technology growth program to Latin America.


Kenyan fintech startup Hisa unveils realtime stocks trading
Published: 30-11-2022 | 11:55:00 | By: Pie Kamau
Fintech startup Hisa has launched an application that allows Kenyans to invest in the stock market directly from their phones using mobile money.


Nigerian fintech startup Pivo raises $2m seed round to accelerate growth
Published: 30-11-2022 | 11:45:00 | By: Pie Kamau
Nigerian fintech startup Pivo, announced the closing of $2 million seed round with participation from Precursor Ventures, Vested World, Y Combinator, FoundersX and existing investor, Mercy Corp Ventures.


Cyndx launches Valer to generate faster and more accurate startup valuations
Published: 29-11-2022 | 14:42:14 | By: Pie Kamau
Cyndx, an AI-powered search and discovery engine built to simplify deal origination, has announced the launch of Valer, the company's new corporate valuation tool.


[ Lithuanian Unicorns] An insatiable hunger to prove their talent drives Lithuanian startups' growth
Published: 29-11-2022 | 14:34:00 | By: Pie Kamau
Smashing its records year by year, Lithuania's startup ecosystem has proved that there're no limits to growth. According to Dealroom.co, over the last five years, it has accelerated 16.6 times and is now valued at €10 billion.


Israeli foodtech startup ChickP raises dairy-free ice cream to new heights
Published: 29-11-2022 | 14:20:00 | By: Pie Kamau
ChickP Protein, a food-tech startup, has introduced chickpea protein isolate for plant-based ice cream. Protein from this ancient crop zeroes in on the non-dairy category to make a tasty plant-based frozen dessert.


Speech AI startup Deepgram completes $47m Series B round to define the future of speech understanding
Published: 29-11-2022 | 14:10:00 | By: Pie Kamau
Speech AI startup Deepgram announced it has raised $47 million in equity funding led by Madrona, with Alkeon participating as a new investor, to define the future of speech understanding.


Canadian SaaS startup Produce8 closes $6m investment to accelerate growth in the future of workforce analytics
Published: 29-11-2022 | 13:58:00 | By: Pie Kamau
Produce8, a startup SaaS company aiming to reduce distractions and increase productivity for distributed and digital-first teams, announced $6 million in funding to support strategic growth.


Belgian coliving startup Cohabs joins forces with real estate investors to accelerate growth
Published: 28-11-2022 | 11:06:00 | By: Pie Kamau
Cohabs, a Brussels-based company specializing in coliving, announced the entry into its capital of three new institutional investors: Ivanhoé Cambridge, Belfius Insurance, and the real estate arm of the Belgian Sovereign Fund (SFPIM - Real Estate).


Medical device startup Nyra Medical closes $20m Series A financing for its transcatheter heart valve repair technology
Published: 28-11-2022 | 10:47:00 | By: Pie Kamau
Nyra Medical, a medical device company that is developing a novel transcatheter mitral valve repair technology, announced the closing of a $20 million Series A financing.


Heidelberg-based FundaMental Pharma launches with €10m seed financing to advance a First-in-Class neuroprotectant
Published: 28-11-2022 | 10:38:00 | By: Pie Kamau
FundaMental Pharma (FundaMental), a preclinical neuroscience company spun out of Heidelberg University, announced it has launched with €10 million in seed financing led by BioGeneration Ventures (BGV).


eureKARE co-leads €5m seed investment in Biomemory which is advancing cutting-edge DNA-based data storage solutions
Published: 28-11-2022 | 10:13:00 | By: Pie Kamau
eureKARE, an innovative investment company for disruptive synthetic biology applications, announced it has co-led a €5 million seed funding round in Biomemory.


MyMonty calls to all banks, MNOs and startups: the time for digitization is now!
Published: 28-11-2022 | 09:33:00 | By: Pie Kamau
In 1998, Mountasser Hachem founded Monty Holding, which has since become a giant in the telco sector, achieving unprecedented global penetration.


New Adevinta Ventures report reveals that B2B Marketplaces outperform other tech segments in VC funding
Published: 25-11-2022 | 09:19:00 | By: Pie Kamau
Adevinta Ventures, the early-stage investment arm of Adevinta, an online classifieds specialist, is launching a new B2B marketplaces report.


Insurtech startup Surround Insurance raises $2.5m seed round to help cconsumers navigate life’s transitions
Published: 25-11-2022 | 08:59:00 | By: Pie Kamau
Insurtech startup Surround Insurance announced that it has closed a $2.5 million seed round led by MassMutual through the MM Catalyst Fund.


Global startups accelerator Luminate partners with Silicon Catalyst to speed development of emerging technologies
Published: 25-11-2022 | 08:39:00 | By: Pie Kamau
Luminate NY, the global accelerator for startups developing optics, photonics, and imaging (OPI) enabled technologies, announced it has formed a strategic partnership with Silicon Catalyst.


Berlin-based AI-powered startup Faircado raises €500K to transform E-commerce into Re-commerce
Published: 25-11-2022 | 08:23:00 | By: Pie Kamau
Faircado, a Berlin-based startup that provides the first AI-powered second-hand shopping assistance, announced it has raised €500,000 in a pre-seed round led by BackBone Ventures.


Check Point Software launches accelerator hub for Israeli cybersecurity startups
Published: 25-11-2022 | 08:05:00 | By: Pie Kamau
Check Point Software Technologies, the provider of cybersecurity solutions globally, has launched its CyberUp program, an initiative that will support Israel’s growing network of cybersecurity startups.


Tanzanian CPG startup Ramani raises $32m to digitize supply chains
Published: 24-11-2022 | 09:40:00 | By: Pie Kamau
Ramani, a Tanzanian startup focused on consumer-packaged goods (CPG) supply chains,  has raised $32 million in Series A debt-equity funding to introduce new financial services as it expands its operations.


MadKudu platform secures $18m to accelerate adoption of product-led growth
Published: 24-11-2022 | 09:02:00 | By: Pie Kamau
MadKudu, the Product-Led-Growth (PLG) leader disrupting the software industry, announced today its $18 million Series A led by Felicis.


Rosotics raises $750,000 pre-seed round for novel approach to heavy industry 3D printing
Published: 24-11-2022 | 08:49:00 | By: Pie Kamau
Rosotics, innovators in additive manufacturing, announced $750,000 in pre-seed funding led by Draper Associates.


Beverage startup Hangobi raises capital on StartEngine to accelerate growth
Published: 24-11-2022 | 08:35:23 | By: Pie Kamau
Beverage startup Hangobi announced it is raising capital on SearchEngine to expand its footprint beyond NYC,  bringing its healthy drinks to the masses.


[Startup Interview] Assim Gupta, CEO, Closeloop Technologies, USA
Published: 24-11-2022 | 08:05:59 | By: Bob Koigi
Among the solutions it offers include website development, chatbots, ecommerce apps and mobile app development.


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.


[Column] Natalia Ahmadian: Four ways to accelerate tech transfer in Europe
Published: 23-11-2022 | 10:27:41 | By: Pie Kamau
The importance of university spin-offs has been recognized for decades. Several studies showed that Tech Transfer is beneficial for social welfare and entrepreneurial activity


[Interview] Jennifer Feaster, Speaker, YouTube Creators Festival
Published: 23-11-2022 | 10:07:00 | By: Bob Koigi
Jennifer Feaster is a Managing Partner at Age Africa, an agency that combines data and creativity to develop performance driven YouTube channels, with unique content optimized for success.


Rutgers MBA alumna Hannah Redmond realizes dream of being an entrepreneur as venture takes off
Published: 23-11-2022 | 09:58:05 | By: Pie Kamau
Hannah Redmond kept retrieving lessons from her MBA classes at Rutgers Business School as she built her startup, Happy Box, from an idea to a ranking on Inc.'s list of fastest-growing companies.


Kenyan supply chain and logistics startup Leta secures $3m pre-seed funding to accelerate growth
Published: 23-11-2022 | 09:21:00 | By: Pie Kamau
Leta, the supply chain and logistics startup driving distribution optimization, announced the close of  $3 million Pre-Seed equity round.


Plug and Play partners with Canadian airline WestJet to leverage AI and Machine Learning solutions
Published: 23-11-2022 | 09:06:00 | By: Pie Kamau
Global innovation platform Plug and Play announced its partnership with WestJet, Canada's second largest airline in both their Silicon Valley and Alberta, Canada locations.


Kenya to host international poultry expo next year
Published: 22-11-2022 | 13:00:00 | By: Bob Koigi
Demand for poultry products is on the rise in Kenya driven by an emerging middle-class created in existing and new urban settlements as a result of devolution.


Mental health-tech startup Resilience Lab raises $15m to address the U.S. systemic mental health access crisis
Published: 22-11-2022 | 11:55:00 | By: Pie Kamau
Resilience Lab, a mental health-tech company enabling communities of clinicians to collaborate to improve patient access and outcomes, announced it has raised $15 million in Series A funding.


Swiss Web3 payment startup DePay partners with WooCommerce to bring payments to online merchants
Published: 22-11-2022 | 11:34:00 | By: Pie Kamau
Swiss Web3 payment startup DePay, announced it is joining forces with the self-hostable, open-source eCommerce plugin WooCommerce, pushing decentralization further and providing merchants with the ability to have customers send payments directly to their own wallets.


Canadian B2B automotive trading startup TRADE X opens a trade route in Ghana
Published: 22-11-2022 | 11:11:00 | By: Pie Kamau
TRADE X, a B2B cross-border automotive trading platform with its headquarters in Ontario, Canada, announced it has opened a new trade route in Ghana, strengthening the company's presence in Africa.


Kenyan agritech startup Stable Foods raises $600k funding to grow its climate smart smallholder platform
Published: 22-11-2022 | 10:33:00 | By: Pie Kamau
Stable Foods, a Kenyan agritech startup offering a host of solutions to small-scale farmers, has raised $600k funding round, to build out its climate smart smallholder food production platform.


Modus expands to Sub-Saharan Africa with launch of $75m Africa-focused fund
Published: 22-11-2022 | 10:11:00 | By: Pie Kamau
Modus, a Venture Platform operating in MENA comprising VC funds, Venture Builders, and a Corporate Innovation arm, has announced the launch of Modus Africa – a $75 million SDG-focused VC fund that will invest in Africa’s boldest startups.


IBM announces five members selected for its Sustainability Accelerator programme
Published: 22-11-2022 | 10:04:00 | By: Pie Kamau
IBM has announced five global non-profits as new members of the Sustainability Accelerator programme. The programme is a global pro bono social impact program which seeks to help marginalized communities.


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.


Big data startup OneSchema raises $6.3m funding round to make ingesting CSV data magical for developers
Published: 21-11-2022 | 09:38:00 | By: Pie Kamau
Big data startup OneSchema announced a $6.3 million funding round led by General Catalyst, with participation from Sequoia Capital, Y Combinator, Elad Gil and Contrary Capital.


Paris-based sustainable deep tech startup FAIRMAT completes €34m Series A round
Published: 21-11-2022 | 09:12:00 | By: Pie Kamau
Fairmat, the Paris-based sustainable deep tech startup pioneering the recycling of advanced materials, announced it has completed its Series A funding round at a total of €34 million.


Silicon Catalyst names EXOKĒRYX as newest portfolio company admitted to the incubator
Published: 21-11-2022 | 08:44:00 | By: Pie Kamau
Silicon Catalyst, the world's only incubator focused exclusively on accelerating semiconductor solutions, announced that EXOKĒRYX has been accepted into the Silicon Catalyst Incubator program.


Pathway Homes partners with social impact technology startup Savi to address student loan debt
Published: 21-11-2022 | 08:34:00 | By: Pie Kamau
Pathway Homes (Pathway), a real estate platform with a mission to create more homeowners, announced it is partnering with impact tech company Savi to offer a tool to help Pathway customers manage their debt burden.


Austrian deep-tech startup Sarcura closes €7m to develop next-generation cell therapy manufacturing platform
Published: 18-11-2022 | 11:53:00 | By: Pie Kamau
Austrian deep-tech startup Sarcura announced the closing of an oversubscribed €7 million Seed Plus funding round to develop a next-generation cell therapy manufacturing platform.


Montreal-based BoostSecurity exits stealth with $12m seed funding to secure the software supply chain
Published: 18-11-2022 | 10:58:00 | By: Pie Kamau
BoostSecurity, the developer-first, zero friction DevSecOps automation platform that builds trust into every step of the software supply chain, has emerged from stealth with $12 million in seed funding.


Silicon Valley startup ArmorCode secures $14m Series A investment to scale AppSecOps platform
Published: 18-11-2022 | 10:40:00 | By: Pie Kamau
ArmorCode, the pioneer in AppSecOps, announced it secured a $14 million Series A investment led by Ballistic Ventures, the venture capital firm solely focused on backing cybersecurity startups.


Milken Institute and Motsepe Foundation announce $2m prize competition in green energy
Published: 18-11-2022 | 10:26:00 | By: Pie Kamau
The Milken Institute and the Motsepe Foundation, launched the Milken-Motsepe Prize in Green Energy, a $2 million prize competition to reward entrepreneurs and innovators.


SE Ventures announces €500m Fund II to accelerate climate and industrial tech startups
Published: 18-11-2022 | 09:57:00 | By: Pie Kamau
SE Ventures announced a €500 million Fund II establishing the firm as one of the largest VCs focusing on climate and industrial technology.


[Startup Interview] Ganesh Verma, Founder, MoogleLabs, Canada
Published: 18-11-2022 | 09:31:39 | By: Bob Koigi
MoogleLabs is a Canadian startup that leverages emerging technologies like artificial intelligence, machine learning, Blockchain, DevOps, and Metaverse to come up with innovative solutions that help companies become more cost-effective.


[Startup Interview] Neeraj Gupta, Founder, Salonist, Singapore
Published: 18-11-2022 | 09:31:13 | By: Bob Koigi
Neeraj Gupta the founder of Singapore-based startup Salonist explains the inspiration behind setting up the business.


GhanaWeb, Age Africa Agency sponsor YouTube Creators Festival in Ghana
Published: 17-11-2022 | 06:50:00 | By: Pie Kamau
Ghana’s leading online media platform, GhanaWeb, and Age Africa Agency, the foremost YouTube agency with a Multi-Channel Network (MCN) in Africa, are co-sponsoring the second edition of the YouTube Creators Festival.


Belgian health monitoring startup IntelliProve raises €1m to accelerate growth
Published: 16-11-2022 | 11:20:00 | By: Pie Kamau
Belgian health monitoring startup IntelliProve, announced receiving €1 million in investment from The White and Yellow Cross (Dutch: Wit-Gele Kruis), VLAIO, imec.istart Fund and other private investors to fund its market expansion and product development.


Healthtech startup Weo launches smart bottle that amplifies water's health benefits via electrolysis
Published: 16-11-2022 | 11:05:00 | By: Pie Kamau
Weo, a healthtech startup using biotechnology to alter water at the molecular level, announced its official launch of the Weo Bottle, the first-ever portable water bottle that uses electrolysis to enhance the water you drink with the touch of a button.


Healthtech company CardieX acquires wearable sensor startup Blumio
Published: 16-11-2022 | 10:52:00 | By: Pie Kamau
CardieX , a global health technology company focused on cardiovascular disease, today announced that it has acquired all the assets of Blumio, a Silicon Valley based developer of advanced algorithms and technology for cardiovascular sensors.


AI startup Prof Jim auto-converts textbooks into cinematic lessons
Published: 16-11-2022 | 10:29:00 | By: Pie Kamau
Prof Jim is launching out of stealth with one of the first practical applications of generative AI in education. This technology transforms textbooks into visually dynamic online courses.


Demand for seamless, convenient way of shopping increase growth of e-Commerce in Africa
Published: 16-11-2022 | 10:14:00 | By: Pie Kamau
The electronic commerce (e-Commerce) transaction of goods and services between business-to-consumer (B2C), business-to-business (B2B), consumer-to-consumer, and consumer-to-business, has become rampant in this digital age.


Mobility startup BasiGo secures $6.6m funding to accelerate electric bus uptake in Kenya
Published: 16-11-2022 | 10:06:00 | By: Pie Kamau
BasiGo, the first company to introduce electric buses into Kenya, has announced $6.6 million in new funding led by Mobility54.


Global innovation platform Plug and Play to launch crypto and digital assets innovation platform
Published: 16-11-2022 | 10:02:00 | By: Pie Kamau
Global innovation platform Plug and Play, together with founding partners Visa, AllianceBlock, The INX Digital Company, IGT, and Franklin Templeton, has announced the launch of their new Crypto and Digital Assets program.


European software investment firm Round2 Capital completes first closing of €100m software lending fund
Published: 15-11-2022 | 11:09:00 | By: Pie Kamau
European software investment firm Round2 Capital has completed the first close of its second software lending fund with €62 million, expanding its total assets-under-management to €115 million.


Mobile game startup Luckmon raises $1.3m pre-seed round to bring popular casual games reward platform
Published: 15-11-2022 | 10:50:00 | By: Pie Kamau
Luckmon, a casual mobile game development startup based in Irvine, California, has officially announced its early-round pre-seed fundraising has closed on a whopping $1.3 million.


Full-service marketing agency Suite Innovators launches to drive exponential growth for health and wellness tech startups
Published: 15-11-2022 | 10:37:00 | By: Pie Kamau
Suite Innovators announced the launch of its boutique marketing agency dedicated to driving unprecedented levels of growth and acclaim for health, wellness, and fitness technology startups.


Burns & Levinson names Robert Chow as Co-Chair of Venture Capital and Emerging Companies Group
Published: 15-11-2022 | 10:07:00 | By: Pie Kamau
Burns & Levinson announced that partner Robert Chow has been named Co-Chair of the firm's Venture Capital & Emerging Companies Group.


Singapore-based VentureBlick launches global search for healthcare startups
Published: 15-11-2022 | 09:53:00 | By: Pie Kamau
VentureBlick, a fundraising platform matching healthcare startups with medical investors, has launched its worldwide search to identify promising healthcare startups for the medical community to evaluate, advise, and fund.


Katapult launches startup accelerator in Kigali, Rwanda
Published: 14-11-2022 | 17:05:00 | By: Pie Kamau
Katapult Africa announced the launch of its Accelerator program in Kigali, Rwanda, welcoming 9 companies to the Katapult portfolio.


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.


Ultra-convenient healthy meals startup Proper Good closes seed funding to bring absurdly delicious products
Published: 14-11-2022 | 15:42:27 | By: Pie Kamau
PROPER GOOD, an ultra-convenient home-delivered food service company that offers nutritious prepared meals made with simple and high quality ingredients, announced the closing of $3.5 million in seed funding.


SaaS startup ProsperStack raises $2m seed round to accelerate growth
Published: 14-11-2022 | 14:49:00 | By: Pie Kamau
ProsperStack, a pioneeer in cancellation flow software boasting the ability to reduce subscriber churn by up to 30%, announced the closing of $2 million Seed round, led by Sandalphon Capital.


Gen-Z founded Voyce.Me closes seed round at $2.5m led by Torch Capital
Published: 14-11-2022 | 14:38:00 | By: Pie Kamau
 Voyce.Me, a first-of-its-kind manga and webtoon creator platform founded by 21-year-old Dylan Telano, closed a seed round at $2.5 million led by Torch Capital.


ACRE Africa targets Kenyan farmers with climate smart insurance
Published: 11-11-2022 | 11:00:00 | By: Bob Koigi
Insurance can help cushion smallholder farmers from crop and financial losses that occur as a result of climate change, yet many are reluctant to invest in such schemes. But why?


Silicon Valley based IoT startup MODE announces new funding to accelerate growth
Published: 11-11-2022 | 08:06:00 | By: Pie Kamau
MODE, a Silicon Valley based IoT solutions provider, announced it has raised funds from Panasonic Corporation (Panasonic), a corporate venture capital (CVC) fund jointly managed with SBI Investment.


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.


Israeli DevOps startup Port raises $7m to build an internal developer portal that fits any engineering organization
Published: 11-11-2022 | 07:39:00 | By: Pie Kamau
Israeli DevOps startup Port announced it had raised $7 million in seed funding for its comprehensive builder-based internal developer portal. The seed round was led by TLV Partners. 


Service industry career platform WorkTorch raises $2.2m additional funding and rebrand from QuickHire
Published: 11-11-2022 | 07:17:00 | By: Pie Kamau
WorkTorch, a fast-growing service industry career platform, announced a $2.2 million seed round, led by Tenzing Capital out of Wichita, Kansas.


Swedish startup Finch secures €2.5m funding to spearhead the shift from manual to generative workflows in the AEC industry
Published: 11-11-2022 | 07:05:00 | By: Pie Kamau
Swedish startup Finch announced it has secured €2.5 million funding to spearhead the shift from manual to generative and data-driven workflows in the architecture, engineering and construction (AEC) industry.


Kenyan logistics startup Sendy raises funding from Japanese VC MOL PLUS to accelerate growth
Published: 11-11-2022 | 06:34:00 | By: Pie Kamau
Kenyan fulfillment and logistics startup Sendy, announced it has received funding from MOL PLUS the Corporate Venture Capital of Japanese transport firm Mitsui O.S.K. Lines (MOL).


Digital solutions startup Bantoo joins the Smart Africa Alliance
Published: 11-11-2022 | 06:26:00 | By: Pie Kamau
The Smart Africa Alliance announced it has welcomed digital solutions platform Bantoo to the alliance, to advance technological developments in the continent.


Biotech startup Avstera Therapeutics closes seed round to advance its lead programs targeting solid tumors
Published: 10-11-2022 | 14:23:00 | By: Pie Kamau
Avstera Therapeutics, a biotechnology company based in the Philadelphia area, has announced the completion of its seed round to advance its lead cancer programs geared towards targeting solid tumors.


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.


Dutch fintech venture Yabx expands into Nigeria
Published: 10-11-2022 | 13:53:00 | By: Pie Kamau
Yabx, a fintech venture headquartered at Netherlands, announced its foray into Nigerian markets with a mission to democratize credit across the country with its digital lending offerings.


Startup Wise Guys selects the second batch of participants for Africa-dedicated fund
Published: 10-11-2022 | 13:45:00 | By: Pie Kamau
Startup Wise Guys (SWG), Europe’s startup accelerator and one of its most active investment funds, has selected the second batch of participants for its €7.5 million fund for African startup investment. 


Climate tech VC firm Satgana announces first closing of its fund with €30m target size
Published: 10-11-2022 | 13:38:00 | By: Pie Kamau
Climate tech venture capital firm Satgana announced the first closing of a target €30 million VC fund to back the next generation of purpose-driven entrepreneurs building the Future of Earth.


Munich-based startup Flowers Software secures $3.2m in seed to bring enterprise-grade workflow automation to SMBss
Published: 09-11-2022 | 12:35:00 | By: Pie Kamau
Flowers Software, an organizational management system that helps SMB companies improve their processes, announced it has raised $3.2 million in seed funding.


Chef-led startup meez raises $11.5m to place recipes at the heart of hospitality
Published: 09-11-2022 | 12:08:00 | By: Pie Kamau
meez, the first-of-its-kind digital professional recipe tool, announced it has closed a $11.5 million Series A funding round led by Craft Ventures with participation from Struck Capital.


Fintech startup Fordefi raises $18m seed round to launch institutional DeFi wallet and security platform
Published: 09-11-2022 | 11:55:00 | By: Pie Kamau
Fordefi, a financial technology and software company, announced a $18 million seed round and the public launch of its institutional MPC wallet built for transacting on decentralized applications (dApps).


EQT Ventures III closes Europe's largest venture capital fund committed to early-stage tech startups
Published: 09-11-2022 | 11:24:00 | By: Pie Kamau
EQT has closed Europe's largest venture capital fund committed to early-stage tech startups. EQT Ventures III (the "Fund" or "Ventures III") closed with total commitments of €1.1 billion.


500 Global launches its Pan-African accelerator Manager Bootcamp in Kenya
Published: 09-11-2022 | 11:07:00 | By: Pie Kamau
Venture capital firm 500 Global, has partnered with Germany’s economic development agency Deutsche Gesellschaft für Internationale Zusammenarbeit GIZ and its Make-IT in Africa initiative, which fosters the growth of Africa’s innovation ecosystems.


CardinalStone Capital Advisers announces $6m investment in Nigerian healthtech startup AfyA Care
Published: 09-11-2022 | 10:56:00 | By: Pie Kamau
West African private equity fund manager, CardinalStone Capital Advisers (CCA), has announced a $6 million investment in Nigeria's healthtech startup AfyA Care.


Paris-based startup Mytraffic raises €30m Series B to provide digital intelligence to brick-and-mortar operators
Published: 08-11-2022 | 15:01:00 | By: Pie Kamau
Paris, France-based startup Mytraffic, a SaaS offering detailed insights on any location in Europe, has raised €30 million Series B  funding round led by AXA Venture Partners.


Stellantis invests in Africar Group to create Auto24, African used vehicle startup
Published: 08-11-2022 | 14:35:00 | By: Pie Kamau
Africar Group and Stellantis have announced the launch of Auto24 activities in Abidjan, Ivory Coast.


Nigerian lending startup Payhippo acquires Maritime Microfinance Bank
Published: 08-11-2022 | 14:15:54 | By: Pie Kamau
Nigeria’s credit-led SME fintech Payhippo has acquired Maritime Microfinance Bank (MFB), a financial institution specializing in saving products, demand deposits, and investments as well as micro and SME loans


Impact Venture Capital portfolio company Alef unveils Alef flying car, the only drivable flying car with vertical takeoff and landing
Published: 08-11-2022 | 14:07:00 | By: Pie Kamau
Alef Aeronautics, an advanced technology company creating alternative transportation solutions for surging traffic trends, introduced the Alef "Model A", the only flying car with street driving and vertical take-off.


Israeli cybersecurity startup Wib raises $16m investment to accelerate growth, tackle rising API security problem
Published: 08-11-2022 | 13:52:00 | By: Pie Kamau
Wib, the cybersecurity startup pioneering a new era in API security, announced a $16 million investment led by Koch Disruptive Technologies (KDT).


What makes less investment assets score more?
Published: 08-11-2022 | 11:10:00 | By: Bob Koigi
Virtual currencies have the most significant advantage in that virtual currency is decentralized, meaning there is no central authority over them.


Reasons that might neglect the crypto growth
Published: 08-11-2022 | 11:04:00 | By: Bob Koigi
Virtual currencies have a lesser return than traditional financial assets such as stocks and bonds.


Doge Solar keeps fighting its way to the top
Published: 08-11-2022 | 11:00:00 | By: Bob Koigi
Doge Solar is the newest cryptocurrency that has come up in the digital mainstream and has already marked its presence in the market.


Jobtech Alliance launches startup accelerator programs to improve livelihoods in Africa
Published: 07-11-2022 | 10:09:31 | By: Pie Kamau
The Jobtech Alliance, an ecosystem-building initiative around inclusive jobtech in Africa has launched two programs; the Catalyst Jobtech Accelerator and the Jobtech Innovation Lab.


French battery startup Verkor raises more than €250m financing for its innovation centre
Published: 07-11-2022 | 09:51:00 | By: Pie Kamau
French battery startup Verkor announced it has raised more than €250 million, for the inauguration of its R&D lab, an integral part of the Verkor Innovation Centre.


Neurotech startup Roga launches novel wellness solution to combat stress and burnout
Published: 07-11-2022 | 09:23:00 | By: Pie Kamau
Neurotech company Roga, has officially launched its first stress-relieving wellness device Roga Life, for orders worldwide.


Vue Storefront wins best e-Commerce and retail startup at The Europas Tech Startup Awards 2022
Published: 07-11-2022 | 09:08:00 | By: Pie Kamau
Vue Storefront, a technology company that develops software for businesses to create fast, modern and high-performing online storefronts, was crowned a winner at The Europas Tech Startup Awards 2022.


Japanese startup TIER IV launches commercial autonomous driving software platforms for multiple operational design domains
Published: 07-11-2022 | 08:55:00 | By: Pie Kamau
TIER IV, an open source autonomous driving startup, announced it has launched commercial autonomous driving software platforms "Pilot.Auto" and "Web.Auto".


Cooperative Ventures announces first investment in agritech startup Sabanto to improve sustainability
Published: 07-11-2022 | 08:42:00 | By: Pie Kamau
Cooperative Ventures, a venture capital fund formed by North America's agricultural cooperatives, announced its first investment in Sabanto, a hardware and software company.


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.


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.


YEGO ride-sharing platform from Rwanda launches in Kenya
Published: 04-11-2022 | 09:56:00 | By: Pie Kamau
YEGO Global, a ride-sharing platform from Rwanda has entered the Kenyan market to take on Uber and Bolt through its subsidiary - YEGO Mobility Kenya.


3nets concludes $11m seed round for multi-cloud workload portability solution
Published: 04-11-2022 | 09:21:00 | By: Pie Kamau
3nets.io, a Delaware corporation, announced the conclusion of $11 million seed round at a post-money valuation of $20 million. 


Intelligent digital coworkers startup Roots Automation raises $10m Series A funding round to accelerate growth
Published: 04-11-2022 | 09:11:00 | By: Pie Kamau
Roots Automation, the creator of advanced, intelligent Digital Coworkers for the insurance industry, announced the closing of $10 million in a Series A round of funding.


Application security startup Apiiro raises $100m Series B funding round to accelerate growth
Published: 04-11-2022 | 08:51:00 | By: Pie Kamau
Apiiro, the pioneer in Cloud-Native Application Security, announced a significant Series B round of $100 million led by General Catalyst with participation by Greylock and Kleiner Perkins.


Berlin-based startup Crowd.dev raises €2.2m to launch the open-source platform for community-led growth
Published: 03-11-2022 | 10:55:00 | By: Pie Kamau
Berlin-based startup Crowd.dev announced it has raised €2.2 million to improve how developer-first businesses harness online communities.


Vienna-based startup Orderlion raises $4m funding to scale the global B2B food supply chain
Published: 03-11-2022 | 10:26:00 | By: Pie Kamau
Vienna-based startup Orderlion announced the successful closing of $4 million in preSeries A funding, including a mix of equity and debt financing, bringing the total amount of investments raised to $7.5 million since the company’s inception.


Zest AI secures over $50m growth capital to advance the next generation of AI-automated underwriting
Published: 03-11-2022 | 09:35:00 | By: Pie Kamau
Zest AI, the leader in automating underwriting with more accurate and inclusive lending insights powered by AI, announced that the company has raised over $50 million in a new growth round.


Brex partners with Techstars to accelerate growth for early-stage founders
Published: 03-11-2022 | 09:23:00 | By: Pie Kamau
Brex announced its partnership with Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs.


Girls in Tech Startup Challenge 2022 now open for female entrepreneurs
Published: 03-11-2022 | 09:15:02 | By: Pie Kamau
Girls in Tech, a global nonprofit working to erase the gender gap in tech, has launched the Girls in Tech Startup Challenge 2022, the organization's signature entrepreneurship pitch competition.


Africa to take a common stand at COP 27
Published: 02-11-2022 | 10:15:00 | By: Bob Koigi
Aware of the lack of coordination between policymakers, scientists and negotiators to provide such evidence, the heads of states under the African Union decided in 2009 following COP15 that Africa should have one voice and negotiate as a block


New York startup Scent Lab personalizes the fragrance industry with immersive digital experiences and AI-tech
Published: 02-11-2022 | 10:04:16 | By: Pie Kamau
Scent Lab announced the launch of its online platform that’s changing the way consumers shop for fragrance. Scent Lab is the first digital destination that leverages immersive video experiences and AI tech.


Telehealth startup Options MD raises $3.8m pre-seed funding to expand its mental health platform
Published: 02-11-2022 | 09:43:00 | By: Pie Kamau
Options MD, a telehealth startup providing high-quality care for treatment-resistant depression (TRD), announced $2.35 million in funding, bringing the total pre-seed funding to $3.8 million.


Oslo-based compliance automation startup Kosli raises $3.1m seed round led by Heavybit
Published: 02-11-2022 | 09:25:00 | By: Pie Kamau
Kosli, the developer tools startup based in Oslo, Norway, has closed a $3.1m seed round led by Heavybit to solve dynamic change monitoring and continuous compliance.


Medtech device startup MedCrypt raises $25m Series B funding round to accelerate growth
Published: 02-11-2022 | 09:02:00 | By: Pie Kamau
MedCrypt, the proactive cybersecurity solution provider for medical devices, announced its $25 million Series B funding round.


Globo partners with American startup HeadSpin to improve User Experience of Smart TVs
Published: 02-11-2022 | 08:47:00 | By: Pie Kamau
LatAm media group Globo, announced a strategic partnership with HeadSpin, the developer of a data science driven digital experience intelligence platform used to provide flawless digital experiences.


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.


Hong Kong and Singapore lead green fintech development among the five economies in the APEC region, study
Published: 31-10-2022 | 10:42:00 | By: Pie Kamau
GoImpact, together with The CUHK Business School, released the findings from their working paper, Exploring the Green Fintech Ecosystem in Asia: Insights from Five Economies in APEC.


[Forum] Promoting investment flows from South Korea to Vietnam
Published: 31-10-2022 | 10:09:00 | By: Pie Kamau
South Korea has been, is, and will be the leading investor in Vietnam. The two parties can cooperate to achieve "Dual Goals" of US$100 billion in bilateral trade and total investment in the near future.


French cloud infrastructure startup Newboot completes first fundraising round to accelerate growth
Published: 31-10-2022 | 09:55:00 | By: Pie Kamau
Toulouse and Paris-based startup Newboot announced it has completed its first fundraising round with NOVA by Saint-Gobain and several Business Angels.


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.


GS1 Hong Kong unlocks the next generation of trade finance service for SMEs in China
Published: 31-10-2022 | 07:21:00 | By: Pie Kamau
GS1 Hong Kong (GS1 HK) announced it has welcomed the launch of Commercial Data Interchange (CDI) by the Hong Kong Monetary Authority (HKMA).


Dutch AI startup Axelera closes $27m Series A investment round to accelerate growth
Published: 28-10-2022 | 15:05:00 | By: Pie Kamau
European AI startup Axelera AI announced the closing of its $27 million Series A investment round to support its AI’s launch and mass production of its first-generation AI acceleration platform.


Caplight secures $3m investment from Deutsche Börse to expand derivatives trading and hedging on private company shares
Published: 28-10-2022 | 14:43:00 | By: Pie Kamau
Caplight Technologies announced it has secured a strategic investment from one of the leading global market infrastructure providers, Deutsche Börse Group, as well as other existing investors.


Georgia-Pacific, gener8tor welcome third cohort of startups to 1915 Studios gBETA accelerator program
Published: 28-10-2022 | 14:28:00 | By: Pie Kamau
Georgia-Pacific, in partnership with global venture firm and startup accelerator gener8tor, has kicked off its third 1915 Studios gBETA accelerator program.


Fintech emerging as Africa’s most vibrant sector, study
Published: 28-10-2022 | 13:42:00 | By: Pie Kamau
Fintech startups in Africa grew 81% in 2021, with South Africa, Nigeria, and Kenya emerging as key hubs on the continent, found a Mastercard study on the state of fintech in African markets.


Kenyan fintech startup Tanda announces agency banking entry in Uganda, Rwanda, Tanzania
Published: 28-10-2022 | 13:32:00 | By: Pie Kamau
Kenyan fintech startup Tanda announced plans for agency banking entry in Uganda, Rwanda, Tanzania to accelerate growth within the East African markets.


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.


Ghana women livestock owners boost animal health with vaccine project
Published: 28-10-2022 | 10:30:00 | By: Bob Koigi
The project has recruited two female vaccinators to vaccinate animals. These vaccinators are supported by 105 women ‘lead farmers’ or AHSPs, who aid in mobilizing other women and deliver vaccines to group members.


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.


Meet female scientists who develop cellular and gene therapies in China, Jiang and Zhang
Published: 27-10-2022 | 12:16:00 | By: Pie Kamau
Inside Namtai Inno Park in Guangming District hides a low-profile biomedical development firm; Shenzhen Wingor Biotechnology company.