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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 322086 | Tags:

AI-powered freight dispatch startup SmartHop raises $4.5 Million to fund expansion
Published: 06-08-2020 | 19:32:17 | By: Bob Koigi
SmartHo​p,​ a Florida tech-enabled dispatch solution empowering small trucking companies to grow their businesses, has announced that it has closed a $4.5 Million Seed round


San Francisco edtech startup Springboard raises $31 million Series B funding
Published: 05-08-2020 | 15:42:00 | By: Pie Kamau
San Francisco edtech startup Springboard has raised $31 million in Series B funding led by Mark Sherman and Albert Bielinko from Telstra Ventures, Arrun Kapoor from SJF Ventures, and YB Choi from Vulcan Capital.


Seattle based startup Minnow raises $2.2 million to meet demand for contact free pickup solution
Published: 05-08-2020 | 14:34:00 | By: Pie Kamau
Minnow Technologies, a Seattle based IoT startup that has developed a contact free food delivery and pickup solution has raised $2.2 million in an oversubscribed seed round.


U.S. startup Ossia partners with Toyoda Gosei to deliver wireless power over the air in vehicle cabins
Published: 03-08-2020 | 15:39:00 | By: Pie Kamau
Toyoda Gosei Co, a Toyota Group company, has concluded a joint development agreement with Ossia Inc, a U.S. startup that leads the world in the field of wireless power solutions.


French startup AB Tasty raises $40m to lead in experience optimization, feature management markets
Published: 31-07-2020 | 12:08:00 | By: Pie Kamau
French startup AB Tasty announced a Series C round of funding to revolutionize how companies deliver the best brand and product experiences.


ComplyAdvantage raises $50 million to boost financial crime fight with machine learning
Published: 31-07-2020 | 11:34:00 | By: Bob Koigi
ComplyAdvantage, a global technology company transforming financial crime detection, has announced the close of a US$50 million Series C funding round, bringing the total investment to date to $88 million.


Joywell Foods secures $6.9 million to grow its sweet protein portfolio
Published: 31-07-2020 | 11:24:51 | By: Bob Koigi
Joywell Foods, a food technology company developing a sweet protein portfolio, has announced the closing of a $6.9 million Series A financing round.


Security startup Openpath receives $36 million to expand its safety platform for the built world
Published: 31-07-2020 | 11:19:30 | By: Bob Koigi
Openpath, a security startup specializing in modern mobile access control for the built world, has announced it’s closed a Series C funding round of $36 million.


Seattle based startup Polyarc raises $9 million for augmented reality development
Published: 29-07-2020 | 13:08:00 | By: Pie Kamau
Seattle based startup Polyarc announced the close of its $9 million Series B fund raise led by Hiro Capital, followed by Vulcan Capital, an existing investor, and Galaxy Interactive via its Galaxy EOS VC Fund.


SAP.iO Fund invests in San Francisco based reference checking startup Crosschq
Published: 28-07-2020 | 14:08:25 | By: Pie Kamau
SAP SE investment arm, SAP.iO Fund, has backed Crosschq, a San Francisco based company that provides a platform for creating and sharing candidate references.


PicsArt acquires motion based video effects startup D’efekt
Published: 27-07-2020 | 15:00:00 | By: Bob Koigi
Global visual creative platform PicsArt, has acquired advanced video effects company D'efekt for an undisclosed sum.


Amdocs set to acquire Openet to accelerate adoption of 5G among customers
Published: 27-07-2020 | 14:26:00 | By: Bob Koigi
Amdocs a provider of software and services to communications and media companies has entered into a definitive agreement to acquire Openet, a global provider of 5G charging, policy and cloud technologies.


Synaptics to acquire DisplayLink extending video interface market leadership
Published: 25-07-2020 | 14:41:00 | By: Bob Koigi
Synaptics Incorporated has announced the signing of a definitive agreement to acquire DisplayLink Corp., a startup in high-performance video compression technology, for $305 million.


French startup iObeya raises $17m to revolutionize visual management, expand its U.S. footprint
Published: 24-07-2020 | 16:06:00 | By: Pie Kamau
iObeya, a leading provider of Enterprise Visual Management software, announced it has raised $17 million in a second round of funding from Red River West with participation from Atlantic Bridge Capital and Fortino Capital Partners.


OneRail announces acceptance into Microsoft for Startups Programme
Published: 23-07-2020 | 17:31:24 | By: Bob Koigi
OneRail, an Orlando-based final mile delivery orchestration and fulfillment platform, hass announced its acceptance into the Microsoft for Startups immersive programme.


CincyTech invests in youth employment startup Peerro
Published: 23-07-2020 | 17:26:08 | By: Bob Koigi
USA seed investor CincyTech has announced an initial investment in Peerro, a career pathway management system enabling young people without college degrees to develop skills and land jobs that lead to advancement and financial independence.


AI startup Deep Longevity launches with Series A financing
Published: 22-07-2020 | 10:31:00 | By: Bob Koigi
Deep Longevity, a biotechnology company transforming longevity R&D through AI-discovered biomarkers of aging, has come out of stealth from Insilico Medicine with financing from prominent investors worldwide.


Exelon names first round startups of the $20 million climate change investment initiative
Published: 16-07-2020 | 15:06:10 | By: Bob Koigi
The Exelon Foundation and Exelon Corporation have selected 10 startups to receive a combined $1 million in direct funding to develop new technologies to mitigate the impacts of climate change.


US startup Crowd Cow expands product offerings amid pandemic
Published: 16-07-2020 | 15:03:53 | By: Bob Koigi
Crowd Cow, a US marketplace for high quality craft beef, meat and seafood has expanded product offerings that would normally only be available at high end restaurants.


Booking.com partners with Here Mobility to boost pre-booked airport taxi services in US and Europe
Published: 15-07-2020 | 16:47:01 | By: Bob Koigi
Booking.com and HERE have announced a partnership, that will give travelers using the Booking.com app and platform access to an additional 1.3 million vehicles in 70 cities across the US and Europe.


Wazoku acquires US open innovation leader InnoCentive, raises additional £1.25m to support global growth
Published: 10-07-2020 | 15:46:00 | By: Pie Kamau
Wazoku, idea management software and services firm has announced a new funding round of £1.25M, led by Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) specialist.


U.S. electric-vehicle startup Fisker completes $50m private financing to launch its Ocean all-electric luxury SUV in 2022
Published: 09-07-2020 | 15:04:00 | By: Pie Kamau
Fisker, designer and manufacturer of the world’s most emotionstirring, eco-friendly electric vehicles and advanced mobility solutions announced the successful completion of a $50 million Series C financing round.


Uber acquires food delivery startup Postmates for $2.65 billion
Published: 07-07-2020 | 14:15:32 | By: Bob Koigi
Uber has announced that it will acquire US on-demand food delivery startup Postmates for approximately $2.65 billion in an all-stock transaction.


New York fintech startup CMG raises $25m to digitally connect equity capital markets participants
Published: 04-07-2020 | 13:27:00 | By: Pie Kamau
Capital Markets Gateway (CMG), a New York based financial technology firm modernizing the equity capital markets (ECM) announced it received a strategic investment of $25 million from several financial firms.


U.S. based startup Andela to double engineering talent pool with Pan-African expansion
Published: 04-07-2020 | 12:45:00 | By: Pie Kamau
Andela, the global talent network that helps companies build remote engineering teams, will now accept engineers from all African countries, expanding its presence from six countries to the entire continent.


Privacy software company OneTrust acquires Seattle based startup Integris
Published: 03-07-2020 | 16:18:00 | By: Pie Kamau
Atlanta-based privacy, security, data governance, and compliance technology company OneTrust announced its Integris Software acquisition.


Fintech startup Revenued acquires Sky Bridge Business Funding to boost business financing solutions
Published: 03-07-2020 | 11:04:07 | By: Bob Koigi
Revenued, a US-based financial technology startup founded in 2018, has announced the acquisition of Sky Bridge Business Funding.


The Mom Project raises $25 million financing to support working mothers
Published: 02-07-2020 | 14:24:36 | By: Bob Koigi
US based The Mom Project has raised $25 million Series B funding in a round led by 7GC with Jack Leeney joining the Board of Directors.


Gilead Sciences set to acquire 49.9 per cent stake in biotech startup Pionyr Immunotherapeutics
Published: 26-06-2020 | 13:11:30 | By: Bob Koigi
US biopharmaceutical company Gilead Sciences, Inc has announced plans to acquire a 49.9 percent stake in Pionyr Immunotherapeutics Inc.


Illumina Accelerator welcomes first global cohort of genomics startups
Published: 24-06-2020 | 16:11:15 | By: Bob Koigi
Illumina, Inc. has selected seven early-stage companies to join the first global cohort of Illumina Accelerator.


[Startup Interview] Olayemi Bamisile, Co-Founder, Byngo Investments, Liberia
Published: 24-06-2020 | 12:03:00 | By: Bob Koigi
Byngo Investments offers access to financial services that are found around the globe to Africans who do not have access to the same tools.


New York health startup Cedar closes $102m Series C funding and new innovation partnership with Novant Health
Published: 23-06-2020 | 11:40:00 | By: Pie Kamau
New York based patient engagement and financial technology leader, Cedar, announced it has closed more than $102m in Series C funding, led by venture capital firm Andreessen Horowitz.


Urbint secures $20 million funding for AI powered field safety information for utlities
Published: 19-06-2020 | 15:18:30 | By: Bob Koigi
Urbint, a New York startup dealing in in artificial intelligence for Field Risk Management, has raised $20 million in a Series B funding round.


Greenlight Biosciences secures $102 million financing to expand agriculture and life sciences applications research
Published: 18-06-2020 | 15:04:19 | By: Bob Koigi
GreenLight Biosciences has raised an oversubscribed $102 million round of funding from new and existing investors to rapidly expand production of its RNA products for agricultural and life sciences applications.


US startup NS8 Inc raises $123 million financing to tackle online fraud
Published: 17-06-2020 | 12:42:00 | By: Bob Koigi
Las Vegas-based cybersecurity startup NS8 Inc has closed $123 million in venture funding to help it accelerate product development and expand its global reach with an increased focus on growing its vast partner network.


USA health startup Conversa raises $12 million to accelerate the need for digital health
Published: 11-06-2020 | 16:09:00 | By: Pie Kamau
Conversa Health, a leading virtual care and communication platform that delivers personalized, automated patient engagement, has closed $12 million in a Series B funding bringing the total raised to over $26 million.


New York-based RapidSOS startup raises $21m to help first responders take on unprecedented pandemic
Published: 10-06-2020 | 17:23:00 | By: Pie Kamau
RapidSOS, a New York-based emergency response technology company has raised a $21 million funding round led by Transformation Capital, a leading digital health growth equity fund.


Six agritech startups selected for Wells Fargo Innovation Incubator programme
Published: 05-06-2020 | 16:28:00 | By: Bob Koigi
The Wells Fargo Innovation Incubator has selected six new participating startups focused on agriculture technology solutions to join the programme.


US fintech startup PruPay partners with PayPal to launch touchless payments
Published: 29-05-2020 | 16:56:00 | By: Bob Koigi
PruPay, a U.S.-based payments technology company has joined forces with PayPal to launch touchless pay for customers through text messaging.


Reinvestment Fund announces $3 million financing for agriculture startups
Published: 22-05-2020 | 15:24:25 | By: Bob Koigi
Reinvestment Fund is inviting applications for financial and technical assistance through the 2020 round of the Healthy Food Financing Initiative (HFFI) Targeted Small Grants Program.


US digital insurance startup Coalition secures $90 million to tackle cyber risks
Published: 21-05-2020 | 11:12:00 | By: Bob Koigi
Coalition, a US cyber insurance and security startup has raised $90 million in equity capital to fuel its mission to solve cyber risk, and support its rapid growth and global expansion.


Wells Fargo Innovation Incubator targets cleantech and agriculture startups in new round of funding
Published: 20-05-2020 | 13:17:57 | By: Bob Koigi
The Wells Fargo Innovation Incubator (IN2) has accelerated its awards program to provide $900,000 to help cleantech and sustainable agriculture startups retain staff and stay on track.


New York investment management startup Vise secures $14.5 million funding
Published: 19-05-2020 | 15:07:29 | By: Bob Koigi
Vise, an AI-driven investment management platform built for the modern financial advisor, has secured $14.5 million in Series A funding, bringing the total capital raised since Vise's founding to over $16 million.


Intel Capital invests $132 million in 11 disruptive technology startups
Published: 19-05-2020 | 12:52:00 | By: Bob Koigi
Intel Capital, the global investment arm of tech giant Intel has invested $132 million in 11 technology startups.


US pizza platform Slice raises $43 million to scale delivery
Published: 15-05-2020 | 10:58:00 | By: Bob Koigi
US online delivery platform for local pizza shops Slice, has raised $43 million in Series C funding from U.S. private equity firm KKR.


DispatchTrack announces $144 million funding to optimize last-mile logistics
Published: 12-05-2020 | 19:09:12 | By: Bob Koigi
DispatchTrack, a provider of SaaS-based last-mile logistics solutions in San Jose California, has closed a $144 million growth transaction led by Spectrum Equity.


Seattle VC firm Madrona invests $8.5 million in vendor management startup VNDLY
Published: 12-05-2020 | 18:54:54 | By: Bob Koigi
American Venture capital firm Madrona Venture Group has invested $8.5 million in cloud-based workforce management systems startup VNDLY.


Zoom acquires encryption startup Keybase as it bolsters online security
Published: 09-05-2020 | 17:56:49 | By: Bob Koigi
Zoom has acquired Keybase, a secure messaging and file-sharing startup.


Intel acquires urban transit startup Moovit for $900 million
Published: 08-05-2020 | 15:45:33 | By: Bob Koigi
Global tech multinational Intel Corporation has acquired Moovit, a mobility-as-a-service, MaaS, solutions startup, for an estimated $900 million.


Partech’s $100 million fund targets post-COVID promising startups
Published: 01-05-2020 | 14:57:00 | By: Bob Koigi
Partech's latest Seed Fund, Partech Entrepreneur III, has announced a sum of $100 million dedicated to investing in companies that demonstrate that they will play a part in shaping a new world post COVID-19.


US startup Nifty Games raises over $12 million in Series A financing
Published: 25-04-2020 | 10:14:30 | By: Bob Koigi
Nifty Games Inc., a developer and publisher focused on quick-session, head-to-head sports games for mobile devices, has secured more than $12 million in Series A financing, with $15 million raised to date.


US tech startup AI.Reverie secures $5.6 million financing from Vulcan Capital
Published: 22-04-2020 | 11:06:00 | By: Bob Koigi
US-based computer startup AI.Reverie, has completed a $5.6 million equity round of financing led by private investment firm Vulcan Capital.


US venture capitalists raise $34 billion in Q1 2020 amid economic slump, report
Published: 17-04-2020 | 13:10:00 | By: Bob Koigi
The US venture capital market has maintained a strong performance in the first quarter of the 2020 but the decade long rise could now flatten as the impacts of corona virus crisis become more pronounced, a new report on venture capital activity in the entrepreneurial ecosystem says.