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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 1778740 | Tags:

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


Taiwanese martech startup Wavenet raises $3m series B round to expand in Japan and North America
Published: 12-08-2022 | 12:11:00 | By: Pie Kamau
Taiwanese marketing technology (martech) startup Wavenet, announced the raise of $3 million in series B round, to expand its operations to Japan and North America, and hire more international talents to join the team.


West makes minority investment in Dublin-based vaccine and biologics startup Latch Medical
Published: 12-08-2022 | 11:49:00 | By: Pie Kamau
West Pharmaceutical Services, a global player in innovative solutions for injectable drug administration, announced it has made a strategic investment in Latch Medical, a Dublin-based startup leading in next-generation vaccine and biologics delivery technology.


Crowdfunding platforms StartEngine and Indiegogo team up to help startups raise capital from ideation to Series C
Published: 12-08-2022 | 11:35:00 | By: Pie Kamau
Crowdfunding platforms Indiegogo and StartEngine have teamed up to ensure that startups have continuous access to the capital they need.


German tech startup Cyanite announces new investors to support vision of universal music translation
Published: 10-08-2022 | 12:42:42 | By: Pie Kamau
Cyanite, a German tech company with various solutions in AI-powered music tagging and search, has closed an investment round with leading entrepreneurs from the music and technology industries.


Chinese Grand Pharma backs Dutch medtech Xeltis with €15m
Published: 10-08-2022 | 12:27:00 | By: Pie Kamau
Xeltis, a medtech company developing the most advanced polymer-based restorative cardiovascular devices, announced that a Chinese company, Grand Pharmaceutical Group, has committed to invest €15 million in equity and license fees.


Income verification startup Truework raises $50m Series C funding to accelerate growth
Published: 10-08-2022 | 12:11:00 | By: Pie Kamau
Truework, a fintech startup that provides income and employment verification for the nation's largest mortgage, auto, and consumer lenders to approve more borrowers in a fraction of the time, announced it raised $50 million in Series C funding.


Web3 infrastructure firm Fortress Blockchain Technologies announces $22.5m seed funding
Published: 10-08-2022 | 12:02:00 | By: Pie Kamau
Fortress Blockchain Technologies announced it has raised Seed funding of $22.5 million led by Ayon Capital. The round also included Soaring Investment Management, Fortress' founder Scott Purcell.


Bain Capital leads $12m seed round for scalable blockchain startup RISC Zero
Published: 10-08-2022 | 11:35:00 | By: Pie Kamau
RISC Zero announced a $12 million seed round led by Bain Capital Crypto. Follow-on investors include Geometry, D1 Ventures and Cota Capital among others.


Canadian AI startup Proto raises $5.6m Series A funding to accelerate global expansion
Published: 10-08-2022 | 10:55:00 | By: Pie Kamau
Canadian startup Proto announced it has raised $5.6 million Series A round led by Mucker Capital with participation from Yolo Investments for the global expansion of its AI Customer Experience (AICX) solutions.


Finnish edtech startup Kide Science raises €1m bridge round to accelerate growth
Published: 08-08-2022 | 11:09:00 | By: Pie Kamau
Finnish edtech startup Kide Science announced it has raised €1 million, to support their new and exciting bid to expand from primarily science education, into all early years subjects.


German space tech startup LiveEO secures €19m to bring space data insights to Industry 4.0
Published: 08-08-2022 | 10:49:00 | By: Pie Kamau
Berlin-based space tech startup LiveEO has secured €19 million in funding in what is one of the largest investments to date in Earth Observation in Europe.


Israeli AI mobility Nexar acquires Portuguese startup Veniam to open unlimited possibilities for data-rich mobility applications
Published: 08-08-2022 | 10:34:00 | By: Pie Kamau
Nexar, an AI mobility company, announced it has entered into an agreement to acquire Veniam, the provider of intelligent networking for the internet of moving things.


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


Venture capital firm JVP expands operations in New York, welcomes new partners and investors
Published: 05-08-2022 | 13:15:00 | By: Pie Kamau
Venture capital firm JVP announced it is expanding its activities in New York. Along with new investments in Fintech, Blockchain, Cyber, Climatech, Foodtech, and Digital Health, the fund has focused on growth.


Digital government and payments startup PayIt closes $90m growth investment fund
Published: 05-08-2022 | 12:54:00 | By: Pie Kamau
PayIt, the company modernizing interactions between governments and residents, has closed a $90 million investment from Macquarie Capital Principal Finance.


Data collaboration startup Sympatic raises pre-seed round to revolutionize zero-copy data use
Published: 05-08-2022 | 12:40:00 | By: Pie Kamau
Sympatic, a data collaboration platform that allows users to create and manage safe data sandboxes in their cloud of choice, announced it has raised a pre-seed round of funding led by Saltagen Ventures with participation from ScaleGood Fund.


Top Tier Capital Partners raises $925m to invest in its Velocity strategy
Published: 05-08-2022 | 11:55:00 | By: Pie Kamau
Top Tier Capital Partners (TTCP) announced it has closed on $925 million in new capital commitments for Top Tier Venture Velocity Fund 4 (VVF4), as well as a collection of separate accounts, one of which focuses on late-stage climate tech co-investments.


Kenyan insurtech startup Lami Technologies raises $3.7m to expand across Africa
Published: 05-08-2022 | 11:40:00 | By: Pie Kamau
Kenya-based insurtech startup Lami Technologies has raised a $ 3.7 million seed extension to expand its insurtech product across Africa.


Canadian news and technology startup startup Lil Durk raises $20m to reduce misinformation
Published: 03-08-2022 | 15:47:00 | By: Pie Kamau
Lil Durk (LilDurk.com), a Canadian news and technology startup enhanced by A.I.-driven neural networks, announced it has raised an additional $20 million in equity through a private funding round led by Alexander Elder.


Product search engine startup Vetted raises $15m to vet trustworthy product data for consumers
Published: 03-08-2022 | 15:27:00 | By: Pie Kamau
Vetted (formerly Lustre) announced the launch of its AI-powered product search engine, alongside a $14 million Series A investment round led by global software investor Insight Partners.


Boston-based crypto fund startup Triblock emerges out of stealth
Published: 03-08-2022 | 14:40:00 | By: Pie Kamau
Triblock, a Boston-based investment and advisory firm co-founded in 2019 by Matt Batsinelas and Bennett Collen, announced the startup has emerged out of stealth, after making over 20 investments while operating in stealth.


Autonomous robotics delivery startup Ottonomy closes $3.3m seed financing round
Published: 03-08-2022 | 14:15:00 | By: Pie Kamau
Ottonomy.IO, the autonomous robotics delivery startup, announced the close of its seed funding round of $3.3 million bringing its total funding to date to $4.9 million, supporting the scale of Ottobots for fully autonomous airport, retail and restaurant deliveries.


Israel Natural Gas Lines invests in monitoring infrastructure startup Prisma Photonics
Published: 03-08-2022 | 13:58:00 | By: Pie Kamau
Israel Natural Gas Lines (INGL), announced a strategic investment in Prisma Photonics, a startup that develops advanced system for monitoring critical infrastructure in real time.


VMG Catalyst closes $400m Fund II to scale commerce venture capital space
Published: 03-08-2022 | 13:43:00 | By: Pie Kamau
Venture capital firm VMG Catalyst announced the closing of Fund II at its target of $400 million, bringing the total capital raised to $650 million across both funds.


Dutch home sustainability startup Woon Duurzaam receives €2.2m financing for further scaling up
Published: 02-08-2022 | 14:43:00 | By: Pie Kamau
EIT InnoEnergy supported Woon Duurzaam has received €2.2 million in a second investment round. The money will come from new investors Oneplanetcrowd and ROM InWest, and from existing shareholders EIT InnoEnergy and DOEN Participaties.


Madrid-based healthtech startup Idoven raises €18.5m to develop its AI platform
Published: 02-08-2022 | 14:15:00 | By: Pie Kamau
Idoven, a Madrid-based healthtech startup, specialised in early detection and precision treatment of cardiovascular disease (CVD), raised €18.5 million, to continue developing its artificial intelligence (AI) platform to identify arrhythmias and cardiac anomalies.


Israeli startup Frontegg raises $40m to solve user management for B2B SaaS
Published: 02-08-2022 | 13:44:00 | By: Pie Kamau
Frontegg, the user management platform for B2B apps, announced a $40 million in series B funding co-led by Stripes and global software investor Insight Partners.


Taiwanese tech startup Cubo Ai launches new sleep sensor pad to boost AI baby monitoring system
Published: 02-08-2022 | 13:24:00 | By: Pie Kamau
To further boost the safety of newborn babies as well as the peace of mind of parents, Taiwanese tech startup Cubo Ai has launched a new product to augment its award-winning Cubo Ai Plus Smart Baby Monitor - the AI Sleep Sensor Pad.


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


Kenyan wealth-tech startup Ndovu partners with Tulix to empower Africa’s diaspora to invest back home
Published: 01-08-2022 | 11:04:00 | By: Pie Kamau
Africa’s wealth management platform Ndovu has announced a strategic partnership withTulix, an Antler & Catalyst Fund portfolio company.


Biotech startup Novasenta completes $40m Series A to advance novel cancer therapeutics
Published: 01-08-2022 | 10:48:00 | By: Pie Kamau
Novasenta, a biotechnology startup focused on the discovery and validation of novel targets to develop cancer therapies, today announced the completion of $40 million in Series A financing led by UPMC Enterprises.


Golden Gate Ventures announces new hires to bolster startup golden triangle growth
Published: 01-08-2022 | 09:54:47 | By: Pie Kamau
Golden Gate Ventures, a venture capital fund in Southeast Asia (SEA) founded by Silicon Valley natives, announced the expansion of its Vietnam and Indonesia teams.


Taiwanese Startup Mindtronic AI opens way to the future of mobility with Meta-Service ecosystem
Published: 01-08-2022 | 09:42:00 | By: Pie Kamau
Mindtronic AI, a Taiwan-based startup, unveiled the world's first Meta-Service, a biometric sensing technology that provides instant access to any visible object in the real world.


U.S.-based compliance startup Kompliant closes $14m seed round to accelerate growth
Published: 01-08-2022 | 09:33:00 | By: Pie Kamau
Kompliant, the U.S.-based compliance startup closed a $14 million seed round led by Level One Fund. Kompliant solves for end-to-end compliance lifecycle management through leading-edge technology and innovative workflows.


Web3 digital identity startup Unstoppable Domains raises $65m Series A funding at $1b valuation
Published: 28-07-2022 | 11:48:00 | By: Pie Kamau
Unstoppable Domains, the platform for Web3 digital identity with more than 2.5 million registered NFT domains, announced it has closed $65 million in Series A funding at a $1 billion valuation.


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


Olympus Innovation Ventures backs endoscopy video and AI startup Virgo
Published: 28-07-2022 | 10:50:00 | By: Pie Kamau
Olympus announced that the company's venture capital fund, Olympus Innovation Ventures, completed its first investment, participating in the Series A financing of Virgo Surgical Video Solutions (Virgo) of Carlsbad, California.


Globant's Be Kind Tech Fund invests in ping voice technology platform to help get drivers home safely
Published: 28-07-2022 | 10:31:00 | By: Pie Kamau
Globant, a digitally native company focused on reinventing businesses through innovative technology solutions, announced that its Be Kind Tech Fund has invested in ping, a U.S.-based voice platform company.


Cryptocurrency startup Coinfeeds raises $2m seed round, launches Web3 community monitoring app
Published: 28-07-2022 | 10:20:00 | By: Pie Kamau
Coinfeeds announced that it has raised a $2 million seed round led by FTX Ventures, Coinbase Ventures, Protocol Labs (IPFS / Filecoin), Huobi Ventures, and startup accelerator Y Combinator.


Immigrants have started more than half of America's billion-dollar startup companies, study
Published: 27-07-2022 | 16:37:00 | By: Pie Kamau
Immigrants have started more than half (319 of 582, or 55%) of America's startup companies valued at $1 billion or more, according to a new study from the National Foundation for American Policy (NFAP), a nonpartisan research organization.


Mymee acquires Berlin-based healthtech startup Breakthrough Health to scale growth
Published: 27-07-2022 | 16:16:00 | By: Pie Kamau
Mymee, the provider of specialized care and support for people with significant symptoms associated with autoimmune disease and long COVID, has acquired Berlin-based Breakthrough Health, the creator of the #1 mobile app Emilyn for people with multiple sclerosis (MS).


Fintech startup CoinFlip raises $1m initiative to support emerging Web 3.0 startups
Published: 27-07-2022 | 15:57:00 | By: Pie Kamau
CoinFlip, a fintech company powered by cryptocurrency, announced the launch of CoinFlip Ventures, a new initiative that will support Web 3.0 based startup companies.


Fifth Wall raises $500m climate fund to decarbonize global real estate
Published: 27-07-2022 | 15:43:00 | By: Pie Kamau
Fifth Wall, a venture capital firm focused on technology for the global real estate industry, has held the final close of its inaugural Climate Fund with $500 million in capital commitments.


Madrid-based Seedtag raises over €250m to scale its Contextual AI technology
Published: 27-07-2022 | 15:31:00 | By: Pie Kamau
Seedtag, the leader in contextual advertising in EMEA and LATAM, announced it has raised over €250 million in funding from private equity investor Advent International.


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


Data security startup Sotero closes $8m seed extension funding round to accelerate growth
Published: 26-07-2022 | 11:21:00 | By: Pie Kamau
Sotero, the leader in revolutionary data security, announced a $8 million extension of their seed round, bringing the round to a total of $13 million.


Fintech startup Bizao raises €8m Series A funding to accelerate its footprint across Africa
Published: 26-07-2022 | 10:51:00 | By: Pie Kamau
Bizao, a fintech that facilitates payments for both local and international businesses operating in Africa, announced a €8 million Series A funding to accelerate its geographical footprint across the continent and invest in the design of new lines of products and services.


Omaha-based startup Workshop raises $5m to streamline internal email and communications
Published: 26-07-2022 | 10:42:00 | By: Pie Kamau
Workshop, a delightful platform for distributing and measuring internal email and communications, has raised $5.2 million in additional seed funding. The round was led by McCarthy Capital out of their Emerging Growth strategy.


Nigerian fintech infrastructure startup Bloc acquires payments company Orchestrate
Published: 26-07-2022 | 10:24:55 | By: Pie Kamau
Bloc, the Nigerian fintech infrastructure provider, has announced the acquisition of Orchestrate (previously Getwallets), a proprietary payments orchestration startup that gives businesses instant access to multiple payment providers with one integration.


Singapore-based music startup SpiderVille raises $1m pre-seed funding to accelerate Web3 music adoption
Published: 26-07-2022 | 10:17:00 | By: Pie Kamau
SpiderVille, a Singapore-based Web3 music startup, announced it has raised a $1 million pre-seed round from Contents Technologies, Samsung Next, and other notable angel investors.


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


German startup Lumiform closes €6.4m to boost deskless worker app
Published: 25-07-2022 | 13:56:00 | By: Pie Kamau
Berlin-based deskless worker platform Lumiform has closed €6.4 million Series A financing round, led by Capnamic.


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


Agritech startup Lumo raises $2.1m to tackle the global water insecurity crisis
Published: 25-07-2022 | 13:03:00 | By: Pie Kamau
Lumo, a new agritech company focused on water sustainability, announced it has raised $2.1 million in pre-seed funding and plans to allocate funds toward commercialization of its irrigation technology.


Sudanese fintech startup Bloom nabs $6.5m backed by Y Combinator, GFC and Visa
Published: 25-07-2022 | 12:48:00 | By: Pie Kamau
Bloom, a Sudan-based fintech that offers a high-yield savings account and adjacent digital banking services, announced it has raised a $6.5 million seed round, after an undisclosed pre-seed round last year.


Surgical Intelligence startup Theator extends Series A funding with additional $24m for a total of $39.5m
Published: 25-07-2022 | 12:29:00 | By: Pie Kamau
Theator, the creator of Surgical Intelligence, announced it has raised $24 million in an extension of its Series A funding round.


Cyber security startup Anvilogic raises $25m Series B funding to modernize security operations
Published: 22-07-2022 | 10:56:00 | By: Pie Kamau
Anvilogic, a modern security operations platform that brings a cloud-based security data lake to life, announced the company's $25 million Series B funding.


TaskHuman startup raises $20m Series B funding to expand its virtual coaching platform
Published: 22-07-2022 | 10:46:00 | By: Pie Kamau
TaskHuman, the 1:1 digital coaching platform, has raised $20 million in Series B funding to amplify human well-being and productivity in a digital world.


InterApp startup raises $1.2m to bring mass adoption of AR as a necessary consumer utility tool
Published: 22-07-2022 | 10:28:00 | By: Pie Kamau
Sacramento, CA based startup InterApp announced it has raised $1.2 million in pre-seed funding, to double down on early marketing efforts and acquire 10% of the Total Addressable Market (TAM) within 12 months.


Irish digital identity startup valid8Me secures €12.5m investment to increase headcount, accelerate growth
Published: 22-07-2022 | 10:12:00 | By: Pie Kamau
valid8Me, the digital identity SAAS platform, announced that Grant Thornton Ireland are investing €12.5million in the company.


AfricInvest and Cathay Innovation complete final close of €110m Pan-African venture fund
Published: 22-07-2022 | 09:49:00 | By: Pie Kamau
Africa’s multi-asset investment platform AfricInvest and global venture capital firm Cathay Innovation, have completed the final close of their joint Pan-African venture fund, Cathay AfricInvest Innovation Fund (CAIF), at €110 million.


South Africa’s student housing startup DigsConnect secures investment to spearhead international growth
Published: 22-07-2022 | 09:39:00 | By: Pie Kamau
DigsConnect.com, South Africa’s digital student accommodation platform, announced the closure of its Pre-Series A seed extension round after securing undisclosed multi-million rand investment.


African accelerator for European scaleups Chapter54 now in full swing
Published: 20-07-2022 | 10:49:00 | By: Pie Kamau
Chapter54, the first accelerator dedicated to European scaleups wishing to expand into African markets, launched in January 2022 by Partech, has started to support its first batch of European scaleups.


French insurtech startup Orus raises €5m to reinvent professional insurance for SMEs
Published: 20-07-2022 | 10:29:00 | By: Pie Kamau
Orus, the insurtech company for small businesses, announced it has raised €5 million from Frst, Partech, Portage Ventures and around twenty business angels.


HiddenLayer startup emerges from stealth mode, raises $6m seed funding to protect AI-powered products
Published: 20-07-2022 | 10:06:00 | By: Pie Kamau
HiddenLayer startup announced it has emerged from stealth mode to launch its flagship product, after raising $6 million in seed funding led by Ten Eleven Ventures.


Virginia-based fashion tech startup Circ raises $30m funding to expand recycle clothing, eliminate waste
Published: 19-07-2022 | 14:39:00 | By: Pie Kamau
The circular fashion company Circ announced over $30 million in Series B funding backed by some of the largest international apparel companies and venture capital firms.


Japanese open-source autonomous driving startup TIER IV launches $300m green autonomous driving project
Published: 19-07-2022 | 13:51:00 | By: Pie Kamau
TIER IV, an open-source autonomous driving startup, announced it has received a grant from the Green Innovation Fund Projects (GI Fund) for research and development of autonomous driving software platforms.


DivInc Houston launches inaugural Women in Tech Accelerator with title sponsor SheSpace
Published: 18-07-2022 | 12:32:00 | By: Pie Kamau
DivInc, the premier startup accelerator for people of color and women entrepreneurs, announced the launch of its first Women in Tech Accelerator made possible through Houston title sponsor, SheSpace.


917Ventures partners with AC Ventures to explore business opportunities, grow ecosystem in Philippines
Published: 18-07-2022 | 12:03:00 | By: Pie Kamau
917Ventures has partnered with AC Ventures, a subsidiary of Filipino conglomerate Ayala, to explore business opportunities and grow its ecosystem.


Canvas Medical achieves ONC certification, raises $24m to power clinicians and developers scaling digital health companies
Published: 18-07-2022 | 11:48:00 | By: Pie Kamau
Canvas Medical, the EMR that enables clinicians and developers to power the future of care delivery, raised $24 million in Series B funding led by M13 with participation from Haystack.


Insight Partners announces Enterprise Technology Exchange to drive unparalleled innovation within the enterprise software sector
Published: 18-07-2022 | 11:34:00 | By: Pie Kamau
Global software investor Insight Partners announced the establishment of its Enterprise Technology Exchange, a council of preeminent technology leaders in Europe and North America.


Stori becomes Mexico's newest Unicorn after raising $150m round of financing, valuing the startup at $1.2b
Published: 18-07-2022 | 11:10:00 | By: Pie Kamau
Stori, a fintech company offering credit card products to Mexico's underserved population, announced a $150 million round of financing, valuing the company at $1.2 billion, achieving a "Unicorn" status.


The African Business Roundtable Project Preparation Masterclass Free Webinar, July 27
Published: 15-07-2022 | 13:44:00 | By: Pie Kamau
After discussions with a variety of advisory and investment institutions, and to further attract investment to projects, the African Business Roundtable Secretariat in association with Afreximbank has designed the “Project Preparation Masterclass”.


Lithuanian startup Elinta Charge raises €7m to accelerate EV charging solutions
Published: 15-07-2022 | 13:34:00 | By: Pie Kamau
AVIA Capital and LitCapital have invested €7 million in Elinta Charge, a Lithuanian developer and manufacturer of electric vehicle (EV) charging solutions, to support R&D, development of new products and further international expansion in the fast-growing e-mobility market.


London-based soccer game startup CLUB closes $3.1m seed round for the first F2P and Play-and-Earn soccer ownership game
Published: 15-07-2022 | 13:11:00 | By: Pie Kamau
CLUB, the independent studio behind CLUB Game, the first free-to-play (F2P), play-and-earn soccer game that allows you to create and sell your own real-player soccer club, has secured its first major round of funding.


Flagstar Bank completes third MortgageTech Accelerator program
Published: 15-07-2022 | 12:44:00 | By: Pie Kamau
Flagstar Bank announced it has wrapped up its third MortgageTech Accelerator program - the first and only accelerator in the United States solely dedicated to mortgage technology.


YC-backed startup Bobidi raises $5.8m to build global bug bounty platform for AI models
Published: 15-07-2022 | 12:26:00 | By: Pie Kamau
Bobidi, an AI model test platform, announced it has raised $5.8 million in seed funding from Y Combinator, We Ventures, Hyundai Motors Group ZER01NE, Scrum Ventures, NPE, Meta, Lotte Ventures, Atlas Pac Capital, and angel investors.


Michigan-based edtech startup Alchemie earns $1m grant for accessible learning for STEM
Published: 15-07-2022 | 12:15:00 | By: Pie Kamau
Alchemie, an educational technology company based in Troy, Michigan, announced it has received a prestigious one-million-dollar Small Business Innovative Research (SBIR) grant from the Department of Education's Institute of Education Sciences.


Mixed bag for U.S. startup ecosystem as market outlook remains uncertain - PitchBook, NVCA report
Published: 15-07-2022 | 12:02:00 | By: Pie Kamau
Despite an uncertain macroeconomic environment, US venture capital (VC) deal activity in the first half of 2022 was strong, according to the Q2 2022 PitchBook-NVCA Venture Monitor.


Israeli tech startup AI21 Labs raises $64m to change the way people read and write using artificial intelligence
Published: 13-07-2022 | 16:42:00 | By: Pie Kamau
AI21 Labs, an Israeli startup aiming to fundamentally change the way people read and write, announced the completion of its $64 million series B funding round, bringing the company's valuation to $664 million.


Microlearning startup Arist raises $12m to reimagine workplace learning for a new generation
Published: 13-07-2022 | 16:28:00 | By: Pie Kamau
Arist announced that it has raised $12 million in a Series A funding round led by pioneering growth-stage business software investor PeakSpan Capital, accompanied by Rainfall Ventures.


Austin-based startup Sumatra raises $1.5m seed round to launch real-time data platform
Published: 13-07-2022 | 16:18:00 | By: Pie Kamau
Sumatra, an Austin-based real-time data platform company, announced that it has secured $1.5 million in seed financing led by S3 Ventures with participation from Sentiero Ventures, Data Power Ventures, and AI Sprouts.


Ukrainian and Dutch-based startup Cloudprinter.com raises €7m seed funding to grow its global print API platform
Published: 13-07-2022 | 16:05:00 | By: Pie Kamau
Cloudprinter.com, the Ukrainian and Dutch-based global print API platform raised €7 missed in a seed round led by Capital Mills.


Celo announces new Web3 fund for African startups adopting crypto strategies
Published: 13-07-2022 | 14:35:44 | By: Pie Kamau
Mobile-first blockchain ecosystem Celo has launched a new programme to support African startups across payments, remittances, virtual assets, savings, and related financial services.


Online energy marketplace VECKTA closes $3.3m seed round to accelerate growth
Published: 12-07-2022 | 16:25:00 | By: Pie Kamau
VECKTA, the online energy marketplace that connects commercial and industrial energy users with capital, services, and equipment suppliers, announced it has closed a $3.3 million institutional seed round.


Magic Eden launches Magic Ventures to focus on Web3 gaming investments
Published: 12-07-2022 | 16:11:11 | By: Pie Kamau
Magic Eden, the destination for NFTs, announced the launch of Magic Ventures, a venture arm that will focus on investing in Web3 games.


Healthtech startup Arise raises over $4m to build inclusive eating disorder treatment and mental health support
Published: 12-07-2022 | 15:58:00 | By: Pie Kamau
Arise, the digital healthcare company enabling comprehensive care for eating disorders, mental health, and long-term healing, has launched after raising over $4 million in a seed funding round.


Carbon to Value Initiative announces year two startup cohort for carbontech accelerator program
Published: 12-07-2022 | 15:40:00 | By: Pie Kamau
The Carbon to Value Initiative (C2V Initiative), has selected eight startups for the second year of its carbontech accelerator program in partnership with Fluor Corporation, the initiative's Year Two Cohort Champion.


Canadian biotech startup Spiderwort secures $13.2m financing to accelerate clinical trials of biomaterials
Published: 12-07-2022 | 15:19:00 | By: Pie Kamau
Spiderwort, the biotech company innovating in cellulose-based tissue scaffolding to treat acute spinal cord injuries, announced the successful completion of its $13.2 million Series A financing.


[Column] Patrick Ndegwa: Is 2022 the year for African startups?
Published: 11-07-2022 | 15:13:24 | By: Pie Kamau
Africa is the place to be if you want to discover and support new ideas. According to a Substack newsletter titled Africa: The Big Deal, the continent was the recipient of startup deals worth a combined $4.27 billion


Qiming Venture Partners closes $3.2b funds to back early and growth stage tech startups in China
Published: 11-07-2022 | 10:30:00 | By: Pie Kamau
China based venture capital firm Qiming Venture Partners announced the closing of $3.2 billion, including USD Fund VIII at $2.5 billion and the first closing of RMB Fund VII at $700 million.


Quantitative investment firm Hidden Road raises $50m to accelerate access to traditional and digital markets
Published: 11-07-2022 | 10:08:00 | By: Pie Kamau
Hidden Road, the global credit network for institutional investors, announced the closing of $50 million Series A funding, led by Castle Island Ventures,


Automotive B2B marketplace APFusion raises $6.5m in series seed financing to expand its platform
Published: 11-07-2022 | 09:57:00 | By: Pie Kamau
APFusion, the automotive B2B marketplace and SaaS company focused on modernizing the auto salvage industry, secured $6.5 million in series seed financing bringing the company's total financing to $7 million.


Blockchain security startup BlockSec closes $8m funding round to accelerate growth
Published: 11-07-2022 | 09:39:00 | By: Pie Kamau
Blockchain security startup BlockSec announced the completion of $8 million seed plus round of funding, to expand its research and production team and provide the on-chain monitoring and attack interception capability.


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


Medical Solutions acquires healthcare staffing tech startup Matchwell
Published: 08-07-2022 | 12:12:00 | By: Pie Kamau
Matchwell, the healthcare staffing solution built for today's flexible workforce, announced it has been acquired by Medical Solutions, one of the nation's largest providers of total workforce solutions serving the healthcare industry.


Israeli biotech food colorant startup Phytolon closes $14.5m funding to accelerate growth
Published: 08-07-2022 | 11:36:00 | By: Pie Kamau
Phytolon, the developer of fermentation-based natural food colors, announced it has secured $14.5 million Series A funding, led by DSM Venturing, to further progress its technology towards commercialization.


Stellar Ventures closes $23m fund for next-gen of space entrepreneurs
Published: 08-07-2022 | 11:15:00 | By: Pie Kamau
Stellar Ventures launched its first fund, SV Andromeda Fund LP, which recently held its final closing with over $23 million in capital commitments and the mission to invest in the future of space technology.


ING Ventures invests in OpenFin to accelerate growth across the financial industry
Published: 06-07-2022 | 13:54:23 | By: Pie Kamau
OpenFin, the operating system (OS) of enterprise productivity, announced it has secured a strategic investment from ING Ventures, the venture capital arm of ING.


Simplifyber secures $3.5m seed investment to reinvent how clothing is made with sustainable, advanced Manufacturing
Published: 06-07-2022 | 13:40:00 | By: Pie Kamau
Simplifyber, the creator of the world's first fully-molded garment and shoe uppers made directly from a cellulose-based liquid, announced the closing of a $3.5 million round of seed funding.


Verification platform ComplyCube expands startup assistance program to $50,000
Published: 06-07-2022 | 13:26:00 | By: Pie Kamau
Verification platform ComplyCube, has increased startup assistance to $50,000. The Startup Program supports qualifying businesses with free checks, resources, and consultancy.


Crescent fintech raises $5m pre-seed round, launches platform to help companies improve cash management
Published: 06-07-2022 | 13:09:00 | By: Pie Kamau
Crescent, a fintech best known for crypto-backed high yields, announced it has raised $5 million pre-seed round from strategic angels and tech founders.


Israeli fintech and capital markets startup Deshe Analytics raises $6.5m funding to expand to international markets
Published: 06-07-2022 | 12:08:00 | By: Pie Kamau
Israeli fintech and capital markets startup Deshe Analytics announced a $6.5 million seed funding round led by Group 11.


Climentum Capital raises €150m to invest in European early-stage tech startups attacking CO2 emissions
Published: 05-07-2022 | 15:34:00 | By: Pie Kamau
Climentum Capital announced it has raised €150 million for investments into European early-stage tech companies attacking CO2 emissions.


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


Neomoon digital bank raises $850k in first seed capital investment round
Published: 05-07-2022 | 14:39:00 | By: Pie Kamau
Neomoon, the digital bank based on stablecoin which offers Latin Americans financial solutions to protect their money from devaluation and facilitate daily transactions, announced the closing of $850k first seed capital investment round.


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


Dutch-based startup Backbase raises €120m in growth equity funding
Published: 05-07-2022 | 14:04:00 | By: Pie Kamau
Backbase, creator of the category-leading Engagement Banking platform, raised €120 million in growth equity funding from Motive Partners.


French space-tech startup Leanspace raises €6m to digitalize the space industry via the cloud
Published: 04-07-2022 | 16:26:00 | By: Pie Kamau
Leanspace, the company building the digital infrastructure of the space industry, announced the closing of an oversubscribed seed financing round of €6 million.


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


Peterson Ventures raises $140m across Fund IV and Opportunity Fund I to double down on its core strategy
Published: 04-07-2022 | 15:01:00 | By: Pie Kamau
Peterson Ventures, a pre-Series A venture firm that invests across SaaS and digital commerce, announced that it has raised over $140 million in new capital for its Fund IV and Opportunity Fund I.


Telehealth startup Ria Health secures $18m Series A to scale online alcohol use disorder treatment
Published: 01-07-2022 | 15:20:00 | By: Pie Kamau
Ria Health, a telehealth provider specializing in alcohol use disorder (AUD) treatment, announced the closing of $18 million in Series A funding


Telegraph Hill Partners raises $525m fifth fund for new life science and healthcare investments
Published: 01-07-2022 | 14:55:00 | By: Pie Kamau
Telegraph Hill Partners (THP), a venture capital and growth equity firm dedicated to building life science and healthcare technology businesses, announced it has closed on THP V, a new $525 million investment fund.


Zing Data raises $2.4m to bring business intelligence to mobile
Published: 01-07-2022 | 14:03:00 | By: Pie Kamau
Zing Data, a collaborative business intelligence and visualization startup, announced it has raised $2.4 million, led by Kindred Ventures, Correlation Ventures and early backers of Amplitude and Robinhood.


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


Swiss startup Numarics secures leading position in European fintech with $2.2m funding
Published: 30-06-2022 | 15:19:00 | By: Pie Kamau
Swiss fintech startup Numarics is on its way to becoming the standard for state-of-the-art financial management and accounting for creators and small and medium-sized enterprises in Europe.


The Main Stage partners with RedCrow to build white label fundraising platform
Published: 30-06-2022 | 15:04:15 | By: Pie Kamau
The Main Stage, a software technology company that enables startup founders and entrepreneurs to engage with prospects and investors in an efficient and engaging experience, announced a licensing agreement with RedCrow.


Insurtech startup Spot raises $33m funding to ramp up partnerships, offer affordable coverage for customers
Published: 30-06-2022 | 14:50:00 | By: Pie Kamau
Spot, the tech startup offering on-demand injury insurance, announced it has raised $33 million in funding, including $25 million in equity and $8 million in debt.


Dutch-based LUMO Labs invests in edtech startup Metacampus to empower digital professionals
Published: 30-06-2022 | 14:38:16 | By: Pie Kamau
LUMO Fund II Coöperatieve U.A. and a group of international angel investors are investing €1.5 million in Metacampus, a Barcelona-based training platform built for the virtual economy, to empower digital professionals.


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


Amsterdam-based employment startup TestGorilla secures $70m Series A to help companies eliminate hiring bias
Published: 29-06-2022 | 13:17:00 | By: Pie Kamau
Amsterdam-based employment startup TestGorilla announced it has secured $70 million Series A to help companies eliminate hiring bias. The round was co-led by Balderton and Atomico.


Medical speech processing startup Cordio Medical raises $18m to accelerate growth
Published: 29-06-2022 | 12:27:00 | By: Pie Kamau
Cordio Medical, a medical speech processing platform, announced its latest successful strategic investment round of $18 million from Ceros Financial Services and Peregrine Ventures.


Indonesian startup Mapan secures $15m Series A funding to enhance financial access and inclusion
Published: 29-06-2022 | 11:26:00 | By: Pie Kamau
Mapan, an Indonesia-based leading startup focused on eliminating barriers to financial access for the masses in the country, announced it has closed a successful Series A round of $15 million.


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


Rocket VR Health chosen for Newchip's seed-stage global accelerator program
Published: 28-06-2022 | 14:15:00 | By: Pie Kamau
Rocket VR Health was accepted into Newchip's renowned global accelerator program designed to provide all the skills and tools seed-stage founders need to rapidly fund, build and scale their companies.


Breakthrough AI integration platform AI Squared raises $6m seed financing to accelerate growth
Published: 28-06-2022 | 14:02:00 | By: Pie Kamau
AI Squared, the low-code AI integration platform, announced it has raised $6 million Seed financing by global venture capital firm NEA with participation from Ridgeline Partners.


Illumina invests in £30m venture fund to advance breakthroughs in human health
Published: 28-06-2022 | 13:50:00 | By: Pie Kamau
Illumina, a global leader in DNA sequencing and array-based technologies, announced its participation in Time Boost Capital I LP, a £30 million genomics venture fund dedicated to providing match funding to startups graduating from Illumina Accelerator Cambridge.


Givebutter announces $7m seed funding to empower the changemaker generation
Published: 28-06-2022 | 13:37:00 | By: Pie Kamau
Givebutter, a product-led company that developed the first free operating system for nonprofit fundraising, announced it has completed a seed funding round totaling $7 million.


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


Constructiontech startup ProPlanner raises $2.7m to transform construction scheduling
Published: 27-06-2022 | 13:14:00 | By: Pie Kamau
ProPlanner (formerly Ipsum), a web-based and collaborative construction technology platform, announced it has raised $2.7 million in funding led by global software investor Insight Partners.


Africa-focused VC firm TLcom Capital appoints Eloho Omame as Partner
Published: 27-06-2022 | 13:02:00 | By: Pie Kamau
TLcom, the Africa-focused venture capital firm, has appointed Eloho Omame as a Partner, bolstering its capabilities as it ramps up deployment of TIDE Africa Fund II, its new $150 million pan-African tech fund.


Deeptech startup NEU Battery Materials raises S$800,000 seed funding to produce clean and sustainable lithium batteries
Published: 27-06-2022 | 12:44:00 | By: Pie Kamau
Deeptech startup, NEU Battery Materials has raised a total of S$800,000 in seed funding from Momentum Venture Capital and Se-cure Waste Management.


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


Nigerian Lab testing startup HealthTracka raises $1.5m funding for expansion to Kenya and Ghana
Published: 27-06-2022 | 11:31:00 | By: Pie Kamau
Nigerian at-home lab testing startup HealthTracka has raised $1.5 million in funding to expand its operations into Kenya and Ghana. The pre-seed funding which was led by Ingressive Capital.


Proparco completes pre-series-A investment in Moringa to fuel its expansion across Africa
Published: 27-06-2022 | 11:23:00 | By: Pie Kamau
Proparco announced the completion of a pre-series-A investment in Moringa to its expansion across Africa. The funding from Proparco will also facilitate the broadening of the range of courses offered by Moringa.


EuraTechnologies raises €24m to back deep tech startups, open 10 incubators in Eastern Europe
Published: 24-06-2022 | 11:55:00 | By: Pie Kamau
EuraTechnologies announced the raising of €24 million to back deep tech startups and open 10 incubators in Eastern Europe.


Renewable energy startup Posh raises $3.8m seed round to automate EV battery recycling
Published: 24-06-2022 | 11:27:00 | By: Pie Kamau
Y Combinator alum, Posh, announced it has raised $3.8 million in seed funding. The Bay Area startup automates electric vehicle (EV) battery recycling to build sustainable energy storage solutions.


Cleveland-based tech startup Unify Jobs raises $4.5m to enable diversity, equity and inclusion in hiring
Published: 24-06-2022 | 11:12:00 | By: Pie Kamau
Unify Jobs, an equitable hiring technology company, has raised a $4.5 million seed round led by North Coast Ventures with participation from Jumpstart and several other well-established investors.


Gratuity management startup Kickfin closes $6m Series A to fuel growth across the hospitality industry
Published: 24-06-2022 | 10:35:00 | By: Pie Kamau
Kickfin, the gratuity management software for hospitality, announced it has secured its Series A funding to further accelerate the company's rapid growth.


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


Nibble Health startup raises $8.5m to humanize healthcare payments
Published: 22-06-2022 | 15:03:00 | By: Pie Kamau
Nibble Health, a B2B healthcare payments company, announced a $8.5 million seed round co-led by Wing Venture Capital and Tiger Global Management, with participation from A* Capital and Expa.


Healthtech startup Spry secures new investment to strengthen its patient management platform
Published: 22-06-2022 | 14:28:00 | By: Pie Kamau
Spry, an end-to-end patient and practice management SaaS platform for physical therapists, announced it has successfully completed a new round of funding to accelerate its mission to build the future of practice management for physical rehabilitation.


Bardeen.ai startup raises $15.3m Series A to bring workflow automation to the masses
Published: 22-06-2022 | 13:56:00 | By: Pie Kamau
Bardeen.ai, the provider of "automation for all" tools, announced an oversubscribed $15.3 million Series A funding round led by global software investor Insight Partners, with participation from existing investors.


Ping Identity launches Ping Ventures to accelerate innovation in identity security
Published: 22-06-2022 | 13:17:00 | By: Pie Kamau
Ping Identity, the Intelligent Identity solution for the enterprise, has launched Ping Ventures, a new corporate venture capital fund that will fuel innovation in the identity security market.


Healthtech startup Idoven raises $19.8m funding to redefine detection and precision medicine of cardiovascular diseases
Published: 22-06-2022 | 12:52:00 | By: Pie Kamau
Idoven, a pioneering health tech company advancing early detection and precision medicine of cardiovascular disease, announced it has raised $19.8 million in funding.


Foodtech venture firm Supply Change closes equity investment from Bank of America
Published: 21-06-2022 | 14:38:00 | By: Pie Kamau
Supply Change Capital, a women and Latina powered venture firm investing in early-stage food technology businesses, announced an equity investment from Bank of America.


Nigerian fintech firm VeendHQ secures $330k pre-seed investment to expand operations, scale growth
Published: 21-06-2022 | 14:25:00 | By: Pie Kamau
Nigerian fintech firm VeendHQ announced it has secured $330k pre-seed fund, backed by Magic Fund, The Oak Capital, Future Africa, Berrywood Capital and other angel investors, to expand its operations and scale growth.


Proparco joins forces with Digital Africa to provide financing solutions for African tech startups
Published: 21-06-2022 | 14:21:00 | By: Pie Kamau
As part of its 2022-2025 roadmap, Digital Africa, in partnership with Proparco, will support 200 African startups at different stages of their growth with a wide range of offers at their disposal.


Ugandan fintech platform Tugende closes pre-Series B investment round to accelerate growth
Published: 21-06-2022 | 14:16:00 | By: Pie Kamau
Tugende, the East African fintech platform providing asset financing and digital services to small businesses, announced it has raised a pre-Series B investment round led by current shareholder Partech Africa.


Kenyan insurtech startup mTek secures $3m funding for expansion across the country
Published: 21-06-2022 | 14:06:00 | By: Pie Kamau
On the heels of a recent $1.50 million (KSh 170 million) investment, Kenyan insurtech startup mTek has secured an additional $3 million (KSh 340 million) investment, through both debt and equity from African-focused fintech platform, Finclusion Group.


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


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


Live-streaming platform Elevate K-12 raises $40m Series C to address the growing national teacher shortage
Published: 20-06-2022 | 11:57:00 | By: Pie Kamau
Elevate K-12, provider of high-quality live-streaming instruction for US K-12 classrooms, has closed a $40 million Series C round of funding led by venture capital firm General Catalyst.


Israeli AI-powered sales solution Amy raises $6m seed round to boost business professionals' selling power
Published: 20-06-2022 | 11:37:00 | By: Pie Kamau
Amy, the pioneering AI-driven sales intelligence solution that automates pre-meeting prospect research and enables meaningful business connections, announced it has raised a $6m seed round.


Indian no-code mobile startup Plobal raises $8.5m to expand presence in North America
Published: 20-06-2022 | 11:26:00 | By: Pie Kamau
Plobal Apps, a no-code mobile app platform for e-commerce stores, raised $8.5 million, led by Elevation Capital and Bessemer Venture Partners.


Amsterdam-based biotech startup CimCure raises € 5m seed round to advance its cancer vaccine
Published: 17-06-2022 | 15:03:00 | By: Pie Kamau
CimCure, a biotech spin-off of Amsterdam UMC, focusing on the development of a novel vaccine-based cancer immunotherapy through its Immune-Boost (iBoost) technology, announced it has raised little over € 5 million in a financing Seed Round.


MFS Africa raises $100m funding to accelerate its expansion plans across Africa and Asia
Published: 17-06-2022 | 14:04:00 | By: Pie Kamau
MFS Africa, Africa’s digital payments network, announced it has secured an additional $100 million in equity and debt funding led by Admaius Capital Partners, taking the total amount raised in the series to $200 million.


South Africa's Private equity fund PAPE acquires interest in fintech provider Entersekt
Published: 17-06-2022 | 13:58:34 | By: Pie Kamau
Entersekt, a global player in device identity and payment authentication, announced a new investment from PAPE Fund 3 (PAPE), a mid-market South African private equity fund.


Greentech startup Green Badger receives $1.125m seed funding to manage sustainable construction
Published: 17-06-2022 | 13:49:00 | By: Pie Kamau
Green Badger, the SaaS developer for managing sustainable construction, announced it has received seed funding of $1.125 million in a financing round led by venture capital firm Shadow Ventures.


Community-centered lifestyle startup Saysh closes $8m Series A round to scale growth
Published: 17-06-2022 | 13:37:00 | By: Pie Kamau
Saysh, the community-centered lifestyle brand co-founded by Olympian Allyson Felix and her brother and business partner Wes Felix, announced a Series A round closed at $8 million.


Y Combinator-backed Proper Finance raises $4.3m to create an integrated reconciliation software for fintechs
Published: 16-06-2022 | 16:04:00 | By: Pie Kamau
Proper Finance, the integrated reconciliation and ledger data platform that enables financial technology companies to maintain complete financial accuracy, closed a $4.3 million seed round


Inovia Capital closes $325m early-stage fund to strengthen the Canadian tech ecosystem
Published: 16-06-2022 | 15:43:00 | By: Pie Kamau
Inovia Capital announced it raised $325 million for its fifth early-stage fund, the latest step in its journey to help build global, sustainable companies that strengthen the Canadian tech ecosystem.


Financial wellness startup Benny closes $1m pre-seed round to help employees build wealth with their benefits
Published: 16-06-2022 | 15:31:00 | By: Pie Kamau
Benny, the platform helping consumers build wealth with their benefits, announced its graduation from Techstars Boulder and the closing of a $1 million pre-seed funding round, led by Matchstick Ventures.


Israeli startup Canditech raises $9m seed round to create a world without resumes
Published: 16-06-2022 | 15:18:00 | By: Pie Kamau
Canditech, the Israeli startup helping companies accurately assess job candidates with the world's first online job-simulation platform, announced it has raised $9 million in seed funding led by global software investor Insight Partners and StageOne Ventures.


DeFi for construction finance startup Rigor raises $3.5m to end housing's affordability crisis
Published: 16-06-2022 | 15:05:00 | By: Pie Kamau
Rigor, an innovative decentralized finance (DeFi) protocol for construction lending and payments, has secured $3.5m in institutional seed financing from an honor roll of venture funders.


Tallinn-based NFTPort raises $26m Series A round to become the leading NFT infrastructure
Published: 15-06-2022 | 14:38:00 | By: Pie Kamau
Estonia's NFTPort announced the closing of a $26 million Series A funding round co-led by Taavet+Sten, the investment vehicle of Taavet Hinrikus and Sten Tamkivi, and Atomico.


Chinese biotech startup Meta Pharmaceuticals raises $15m to accelerate its pipeline development
Published: 15-06-2022 | 13:44:00 | By: Pie Kamau
META Pharmaceuticals, China's first immunometabolism-based small-molecule drug discovery company, announced two consecutive Seed and Pre-A funding rounds totaling $15 million.


Digital wedding planning startup Fêtefully raises $1.3m funding to scale growth
Published: 15-06-2022 | 12:13:00 | By: Pie Kamau
Fêtefully, the revolutionary digital wedding planning platform, closed a seed round of funding worth $1.3 million to allow the company to continue business growth and scale in the marketplace.


Chinese ARHUD solution provider Raythink completes Series A+ financing to accelerate mass production of in-vehicle AR displays
Published: 15-06-2022 | 11:35:13 | By: Pie Kamau
Raythink, the ARHUD solution provider for the automotive and transportation industry, announced it has raised around $15 million in a Series A+ funding round led by Chengwei Capital.


Berlin Business Office launches Skytrain to support U.S. LPs investing into venture capital funds in Berlin
Published: 15-06-2022 | 11:16:00 | By: Pie Kamau
Berlin Business Office announced the launch of Skytrain, a network to support U.S. LPs (Limited Partners) investing into venture capital funds in Berlin.


AfricArena partners with FMO to accelerate tech startups in Ghana, Morocco and Tanzania
Published: 15-06-2022 | 11:01:00 | By: Pie Kamau
AfricArena, the African series of tech events, announced a partnership with FMO Ventures Program, the Rise Open Innovation Challenge, which focuses on accelerating the growth of startups looking to improve the state of Africa.


Early stage VC firm Kairos Ventures closes third fund at $58m
Published: 14-06-2022 | 14:21:00 | By: Pie Kamau
Kairos Ventures, an early stage venture capital firm investing in physical and life sciences, announced the close of its third fund (Fund III), with capital commitments of $58 million.


CoachHub startup raises $200m Series C funding to democratize coaching worldwide
Published: 14-06-2022 | 14:08:00 | By: Pie Kamau
CoachHub, the global digital coaching platform, closed a $200 million Series C funding round, led by Sofina and SoftBank Vision Fund 2. The round will be used to further scale CoachHub's product innovation and operations.


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


BCG Digital Ventures launches new innovation centers in India and Morocco
Published: 14-06-2022 | 13:15:00 | By: Pie Kamau
BCG Digital Ventures (BCGDV), the corporate innovation and business-building arm of Boston Consulting Group (BCG), is opening innovation centers in New Delhi, Mumbai and Casablanca, Morocco.


Tunisian edtech startup GOMYCODE raises $8m Series A funding to expand across Africa
Published: 14-06-2022 | 13:01:00 | By: Pie Kamau
Tunisian edtech startup GOMYCODE, raised $8.85 million in series A funding, one of the highest African funding this quarter to expand across Africa.


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


German agritech startup CROP.ZONE secures $11m equity funding to expand to new international markets
Published: 13-06-2022 | 14:42:00 | By: Pie Kamau
Aachen-based integrated weed management startup CROP.ZONE announced it has secured $11m equity funding from existing shareholders and new financial investors.


Swedish gaming startup Lurkit raises $2.7m to empower gaming influencer marketing globally
Published: 13-06-2022 | 14:11:00 | By: Pie Kamau
Swedish gaming influencer marketing platform Lurkit has raised $2.7 million in a seed round from industry investors as the company is launching Quests, a new software suite that enables paid sponsorships between live streamers and gaming companies at scale.


CerraCap Ventures invests in soil microbiome focused agritech startup Solena
Published: 13-06-2022 | 13:55:00 | By: Pie Kamau
CerraCap Ventures, a Global Venture Capital fund headquartered in Southern California, announced an investment in Solena AG, a soil microbiome startup helping farmers improve agricultural yields and optimize agrarian input costs.


Decarbon8 investment opportunity open for agritech innovation and decarbonization startups
Published: 13-06-2022 | 12:33:00 | By: Pie Kamau
The Decarbon8 Fund, an impact investment vehicle established by the E8 climate tech investing community and platform, announced a new Request for Proposal (RFP) for companies advancing regenerative agriculture solutions.


B2B e-Commerce and fintech startup Bazaar raises $70m to revamp the retail industry in Pakistan
Published: 13-06-2022 | 11:57:00 | By: Pie Kamau
Bazaar, Pakistan’s B2B e-Commerce and fintech platform has raised $70 million in a Series B financing led by Dragoneer Investment Group and Tiger Global Management.


Utrecht-based same day and next day delivery startup Trunkrs raises €15 million in growth capital
Published: 10-06-2022 | 13:26:00 | By: Pie Kamau
Trunkrs, specialist in same day & next day delivery for the e-Commerce sector, has successfully raised €15 million in a series B investment round. The financing round was led by Korys, the Belgian investment company of the Colruyt family.


[Column] Alexandra Fraser: Angel investors plugging the early-stage funding gap in sub-Saharan Africa
Published: 10-06-2022 | 12:16:31 | By: Pie Kamau
One of the biggest challenges facing entrepreneurial startups in sub-Saharan Africa is funding – particularly early-stage financial support – even though the landscape across the region has evolved over the past few years with more funders and capital deployed in this space.


Business identity startup Middesk raises $57m Series B round to accelerate growth
Published: 10-06-2022 | 12:10:00 | By: Pie Kamau
Middesk, the business identity platform automating business verification and underwriting decisions, announced it has raised $57 million in a Series B round, co-led by New York-based private equity and venture capital firm Insight Partners.


Taiwanese social CRM startup GoSky AI completes undisclosed seed funding round
Published: 10-06-2022 | 11:23:00 | By: Pie Kamau
Taipei-based social CRM startup GoSky AI announced the completion of an undisclosed seed funding round led by 500 Global venture capital firm.


Canadian digital footprint monitoring startup Flare raises CAD$9.5m Series A to democratize cybersecurity
Published: 10-06-2022 | 11:06:00 | By: Pie Kamau
Flare, the leader in digital footprint monitoring, announced a CAD$9.5 million Series A Round led by Inovia Capital with participation from White Star Capital and Luge Capital.


GreenHouse Capital announces 13 African startups selected for the Microsoft scale-up accelerator
Published: 10-06-2022 | 10:46:00 | By: Pie Kamau
GreenHouse Capital has announced the 13 African startups that have been selected for Microsoft scale-up accelerator program. The programme is targeted at startups a the pre-series A stage looking to expand into new markets.


Vietnam's blockchain gaming startup Ancient8 raises $6m to build infrastructure software for GameFi
Published: 09-06-2022 | 12:33:00 | By: Pie Kamau
Ancient8, a GameFi infrastructure developer and Vietnam's largest blockchain gaming guild and community, announced the completion of a $6 million private round of financing led by Makers Fund and C² Ventures.


Dutch fintech Backbase secures €120m funding to accelerate growth
Published: 09-06-2022 | 12:16:00 | By: Pie Kamau
Dutch financial technology company Backbase, the creator of the category-leading Engagement Banking platform, raised €120 million in growth equity funding from Motive Partners.


Amsterdam-based Instant Commerce secures €2m pre-seed funding to boost its headless storefront builder
Published: 09-06-2022 | 11:51:00 | By: Pie Kamau
Amsterdam-based Instant Commerce announced it has secured €2 million pre-seed funding to boost its headless storefront builder.


Tech startup LibLab raises $42m Series A to autogenerate software development kits for API services
Published: 09-06-2022 | 11:15:00 | By: Pie Kamau
LibLab, a developer tools company that offers a SDK-as-a-Service platform for engineering teams, announced it has raised $42 million in Series A funding to enable the expansion of its core software development kit (SDK) code generator services.


Seed-to-Sale software startup Canix raises $10m Series A funding to accelerate growth
Published: 09-06-2022 | 10:52:00 | By: Pie Kamau
Canix, a market-leading cannabis ERP seed-to-sale platform, announced it has raised $10 million in funding from venture capitalists.


Singapore crypto payments startup Request Finance raises $5.5m seed round to accelerate growth
Published: 09-06-2022 | 10:40:00 | By: Pie Kamau
Request Finance, the Web3 enterprise crypto payments startup, has closed a $5.5 million seed round with institutional backers including Animoca Brands, Europe's leading early-stage venture capital investor Balderton Capital, and XAnge.


French startup CleverConnect merges with Talentry to lead talent acquisition in Europe
Published: 08-06-2022 | 12:36:32 | By: Pie Kamau
CleverConnect, a cloud-based recruiting solutions company, announced the merger with Talentry, a Munich-based provider of talent relationship management solutions, to counteract the current unprecedented shortage of skilled workers.


Fabric tech startup Nextiles raises $5m oversubscribed seed round to fuel growth in smart athletics
Published: 08-06-2022 | 12:19:00 | By: Pie Kamau
Nextiles, a smart fabric technology for athletes, announced its $5 million seed round led by Drive by DraftKings, with participation from the NBA.


Nigerian fintech startup Indicina raises $3m seed funding to expand into other African markets
Published: 08-06-2022 | 12:04:00 | By: Pie Kamau
Nigerian fintech startup Indicina announced it has raised $3 million in seed funding round to foster its commitment to the credit value chain.


Ethena raises $30m Series B for modern and effective compliance training
Published: 08-06-2022 | 11:59:00 | By: Pie Kamau
Ethena, a modern compliance training platform, announced it raised a $30 million Series B, led by Lachy Groom, with participation from existing investors including Felicis, Neo, Homebrew, and others.


Early stage venture capitalist ROBUST primed to bridge innovation gap across borders
Published: 08-06-2022 | 10:59:52 | By: Pie Kamau
Venture capital firm ROBUST has launched on the global stage, with an immediate focus on driving investment into disruptive and innovative companies with high growth potential.


Seae Ventures launches $107m Fund to invest in solutions addressing equity gaps in healthtech and fintech
Published: 08-06-2022 | 10:45:00 | By: Pie Kamau
Seae Ventures, a Boston-based venture capital firm dedicated to advancing equity by investing in women and Black, Indigenous and People of Color (BIPOC) entrepreneurs, has launched its inaugural fund of $107m.


Oslo-based Findable secures €2m seed round for its first-to-market building documentation automation platform
Published: 07-06-2022 | 11:37:00 | By: Pie Kamau
Findable, the Oslo-based startup that automates building documentation using Artificial Intelligence (AI), raised a €2 million seed round led by KOMPAS, with participation by Construct Venture.


Constant Ventures launches $100m venture capital fund to invest in tech startups across West Africa
Published: 07-06-2022 | 11:24:00 | By: Pie Kamau
Constant Ventures, a part of the Constant Group, is raising a $100 million venture capital fund to invest across a range of technology startups with a focus on financial inclusion, education and healthcare.


Investing platform Pluto raises $4m seed round to make systematic investing accessible
Published: 07-06-2022 | 11:13:00 | By: Pie Kamau
Pluto, a free investing platform that makes it easy for stock market traders to enhance their efforts with systematic investing, has closed a $4 million dollar seed round led by at.inc/ Nadav Eylath.


Stellate raises $30m funding to build the global data graph
Published: 07-06-2022 | 10:45:14 | By: Pie Kamau
Stellate, formerly known as GraphCDN, is bringing its expertise in GraphQL APIs to the masses with the help of a $25 million Series A from Tiger Global and a $5 million seed round led by boldstart ventures.


BRV China-backed eVTOL startup Zerog closes $1.48m seed round to accelerate growth
Published: 07-06-2022 | 10:26:00 | By: Pie Kamau
Zerog, a Chinese electric vertical take-off and landing (eVTOL) aircraft developer, completed a $1.48 million seed round with BlueRun Ventures China (BRV China) as the sole investor.


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


Oregon-based Dutch Bros raises $2.3m to help end ALS
Published: 06-06-2022 | 16:02:00 | By: Pie Kamau
Dutch Bros, a drive-through coffee chain headquartered in Grants Pass, Oregon, announced that together with its customers, raised a record breaking $2.3 million during its 16th annual Drink One for Dane day.


Temasek launches investment platform GenZero to accelerate decarbonisation globally
Published: 06-06-2022 | 13:23:41 | By: Pie Kamau
Temasek announced the launch of GenZero, a wholly-owned investment platform company dedicated to accelerating decarbonisation globally.


Santa Barbara Venture Partners launches $11m Fund to help companies accelerate customer acquisition
Published: 06-06-2022 | 13:10:00 | By: Pie Kamau
Venture capital firm Santa Barbara Venture Partners (SBVP) announced the final close of its $11 million inaugural Fund I focused primarily on investing in tech and tech-enabled firms.


Nigerian edtech startup Afrilearn attracts UNICEF Innovation Fund
Published: 06-06-2022 | 12:58:00 | By: Pie Kamau
Nigerian edtech startup Afrilearn has emerged as the only Nigerian startup to join the latest cohort of the UNICEF Venture Fund.


Constrafor raises $100m+ to increase the construction industry's productivity, dispel cash flow problems
Published: 03-06-2022 | 14:49:00 | By: Pie Kamau
Constrafor, a SaaS construction procurement platform with embedded financing, announced its $100 million+ Seed fundraise in debt and equity to build out new functionality.


RH Capital announces three new investments to improve women's heath
Published: 03-06-2022 | 14:29:00 | By: Pie Kamau
RH Capital, the women's health venture capital fund, announced three new investments to improve health outcomes for women in the US.


Text messaging startup Prokeep raises $9m to modernize distributor communications and commerce
Published: 03-06-2022 | 13:06:00 | By: Pie Kamau
Prokeep, the communications and commerce platform built exclusively for distributors, announced the closing of $9 million seed round.


SaaS recruitment startup HourWork raises additional $2.5m funding to accelerate growth
Published: 03-06-2022 | 12:21:00 | By: Pie Kamau
HourWork, a SaaS recruitment and retention platform for quick-serve restaurant (QSR) franchise owners, announced the closing of $2.5 million in additional Series A funding led by MassMutual's MM Catalyst Fund (MMCF).


Binance Labs closes $500m investment fund to boost blockchain, Web3 and value-building technologies
Published: 03-06-2022 | 11:55:00 | By: Pie Kamau
Binance Labs, the venture capital and incubation arm of Binance, announced the closing of $500 million investment fund to invest in projects that can extend the use cases of cryptocurrencies.


Indonesian social commerce startup Super completes $70m oversubscribed Series C round
Published: 02-06-2022 | 16:29:00 | By: Pie Kamau
Super, an Indonesian social commerce platform serving tier-2 and tier-3 cities and Indonesian rural areas, announced it completed a $70 million oversubscribed Series C round led by NEA with additional investment from Insignia Ventures Partners.


Upcycling startup Novoloop extends Series A round to $21m to develop industrial capabilities
Published: 02-06-2022 | 15:45:00 | By: Pie Kamau
Advanced upcycling startup Novoloop nnounced it has expanded its Series A to $21 million through an oversubscribed extension led by Mistletoe Singapore and Hanwha Solutions.


Data analytics startup Gigasheet closes $7m Series A to democratize big data analysis
Published: 02-06-2022 | 15:34:00 | By: Pie Kamau
Gigasheet, a startup that brings data science and big data analytics capabilities to anyone who can use a spreadsheet, announced it has closed $7 million in a Series A funding round.


Indian data insights startup Synaptic raises $20m Series B funding to accelerate growth
Published: 01-06-2022 | 10:27:00 | By: Pie Kamau
Synaptic, an alternative data insights startup, announced the successful closure of $20 million in Series B funding round led by Valor Equity Partne


Nutrition startup Culina Health raises $4.75m funding to democratize access to clinical nutrition
Published: 01-06-2022 | 10:13:00 | By: Pie Kamau
Culina Health, Co-founded by Registered Dietitian Vanessa Rissetto and Steven Kuyan, announced it has secured $4.75 million in seed funding.


Birmingham-based startup Astound raises $1m seed round to improve university access to corporate-sponsored research funding
Published: 01-06-2022 | 09:56:00 | By: Pie Kamau
Astound, a Birmingham-based startup, secured $1 million in seed funding to develop the first marketplace to allow research institutions and universities to easily find corporate sponsors.


Bonfire Ventures raises $230m for two new funds to help B2B software startups beat the odds
Published: 01-06-2022 | 09:35:00 | By: Pie Kamau
Bonfire Ventures, the firm helping seed-stage B2B software companies beat the odds, announced the close of its third core seed fund at $168 million, and its second opportunity fund, at $63 million.


Dutch BNPL fintech in3 raises $85.3m series B round to expand in the Netherlands, launch in Germany
Published: 31-05-2022 | 13:39:00 | By: Pie Kamau
in3, a Dutch 'Buy-Now-Pay-Later' (BNPL) fintech, announced a $85.3 million Series B funding round from the British VC Force over Mass, U.S. institutional asset manager Waterfall Asset Management LLC and Dutch investor Finch Capital.


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


South African edtech startup FoondaMate secures $2m seed funding to accelerate growth
Published: 31-05-2022 | 11:46:00 | By: Pie Kamau
FoondaMate, a South African edtech startup, has secured $2 million in seed funding to increase usage of its Whatsapp and Facebook-based learning chatbot throughout the globe.


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


Healthtech startup Esaal raises $1.7m seed round to scale expansion across the MENA region
Published: 31-05-2022 | 11:18:00 | By: Pie Kamau
Esaal, an online health and wellness consultation platform for patients in the Middle East and North Africa (MENA), has wrapped a $1.7 million seed funding round, to scale its expansion across the MENA region.


FTX Ventures leads $5m seed round for NFT trust layer Doppel
Published: 30-05-2022 | 12:31:00 | By: Pie Kamau
Doppel, a real-time, cross-chain monitoring service for detecting NFT fraud and counterfeits, announced the close of a $5 million seed investment round led by FTX Ventures.


Nigerian fintech startup Grey partners with Cellulant for East Africa expansion
Published: 30-05-2022 | 12:18:00 | By: Pie Kamau
Nigerian fintech startup Grey, announced the launch of its service to East Africa starting with Kenya in partnership with payments company, Cellulant.


MaC Venture Capital closes out $5.6m seed round of African startup AMP Global with $2m investment
Published: 30-05-2022 | 12:04:00 | By: Pie Kamau
MaC Venture Capital, an LA-based seed-stage VC that invests in visionary founders, closed out the $5.6 million Seed round of African startup AMP Global Technologies, with a healthy $2 million investment.


Untapped Global raises $10.3m pre-seed round to build an investment platform for Africa and emerging markets
Published: 30-05-2022 | 11:37:00 | By: Pie Kamau
Untapped Global announced the launch of its public beta platform, which uses real-time data to provide transparency for investors looking to tap into Africa and emerging markets.


Cryptocurrency startup ZenLedger raises $15m Series B funding to expand crypto tax solutions
Published: 25-05-2022 | 15:49:00 | By: Pie Kamau
ZenLedger, a global player in cryptocurrency data analysis, accounting, and tax, announced the close of its $15 million Series B funding.


IFC, Acelera Angola partner to boost startup ecosystem in Angola
Published: 25-05-2022 | 15:24:00 | By: Pie Kamau
To support the growth of Angola's entrepreneurial ecosystem, IFC partnered with Acelera Angola, an Angolan incubator and accelerator, to help the company expand, support innovative tech startups, and drive inclusive economic growth in the country.


Social group ticketing startup Fanimal raises $4m to accelerate product development
Published: 25-05-2022 | 15:10:00 | By: Pie Kamau
Los Angeles-based social group ticketing startup Fanimal, announced an acquisition of $4 million in its latest round of funding to accelerate product development.


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


TDK Ventures invests in XCOM Labs' vision for a high-speed wireless future
Published: 25-05-2022 | 14:36:00 | By: Pie Kamau
TDK Corporation announced that subsidiary TDK Ventures, has invested in wireless communications disruptor XCOM Labs to expedite the development of their 5G and wireless communications solutions.


Blockchain startup Saga raises $6.5m seed round to build the next 1000 chains in the multiverse, announces innovator program
Published: 24-05-2022 | 16:56:00 | By: Pie Kamau
Blockchain startup Saga announced it has raised a $6.5 million seed round at a $130 million valuation.


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


Fintech startup Consilient raises $3m seed funding round to develop next-gen financial crime compliance technology
Published: 24-05-2022 | 16:22:00 | By: Pie Kamau
Consilient, a fintech innovator aiming to transform financial crime compliance, announced it has secured a private $3 million seed funding round.


A5G Networks startup announces funding from Bharat Innovation Fund to accelerate growth
Published: 24-05-2022 | 16:07:00 | By: Pie Kamau
A5G Networks, a player in Distributed and Autonomous 5G Core Network Software for private and public networks, announced an investment by Bharat Innovation Fund, a deeptech focused venture capital fund in India.


Irish agritech startup CropSafe raises $3m seed funding to support farmers globally, opens U.S. headquarters in Los Angeles
Published: 24-05-2022 | 15:57:00 | By: Pie Kamau
Irish agritech startup CropSafe, a platform revolutionizing the future of farming, announced it raised over $3 million in seed funding and have opened U.S. headquarters in Los Angeles.


Maternity health startup Cayaba Care secures $12m Series A funding to expand access and services to underserved populations
Published: 23-05-2022 | 17:23:00 | By: Pie Kamau
Cayaba Care, a maternity health startup, announced the closing of a $12 million Series A round that will work to expand the company's footprint within underserved populations.


Kenyan fintech startup Hisa joins the NVIDIA Inception Programme
Published: 23-05-2022 | 17:22:09 | By: Pie Kamau
Hisa App, a Kenyan mobile investment platform that allows anyone in Kenya to invest in U.S. stocks and ETFs using mobile money, announced it was selected to join the NVIDIA Inception programme.


Crypto Valley Venture Capital firm launches early-stage fund targeting African blockchain startups
Published: 23-05-2022 | 17:15:28 | By: Pie Kamau
Crypto Valley Venture Capital (CV VC), announced the launch of its African Blockchain Early-Stage Fund targeting blockchain startups from across Africa.


Pan-African fintech app Bamba raises $3.2m seed funding to scale growth
Published: 23-05-2022 | 17:07:00 | By: Pie Kamau
Kenyan fintech startup Bamba secured $3.2 million in seed funding to scale its app and build out its team. Venture capital firm 468 Capital led the round with participation from Presight Ventures.


Canadian biotech startup Evolved Meats raises $2m seed round to accelerate growth
Published: 23-05-2022 | 13:08:00 | By: Pie Kamau
Evolved Meats ("Evolved"; formerly known as CaroMeats), a Canadian biotechnology startup, has raised $2 million in its seed round to accelerate its product development and to support the initial scale up of its production processes.


e-Commerce logistics startup Kubbo begins international expansion, starts Italy operations
Published: 23-05-2022 | 12:50:00 | By: Pie Kamau
e-Commerce logistics startup Kubbo, announced its first international move to expand its model of digitising logistics for brands and ecommerce companies. The operator has launched its activity in Italy.


Autochek acquires Morocco’s automotive tech startup KIFAL Auto to drive North Africa expansion
Published: 20-05-2022 | 11:47:00 | By: Pie Kamau
Autochek, the automotive technology company making car ownership more accessible and affordable across Africa, has announced the acquisition of KIFAL Auto, a Moroccan automotive technology startup, to drive its expansion into North Africa.


Kenyan healthtech startup Zuri raises $1.3m to expand across Africa
Published: 20-05-2022 | 11:18:00 | By: Pie Kamau
Kenyan healthtech startup Zuri Health has raised $1.3 million in funding to expand across Africa. The startup which offers mobile-based healthcare attracted investment from DOB Equity, Launch Africa and Founders Factory Africa.


Finnish tech startup Bob W acquires Estonian competitor Estonishing Stay to expand its holiday rental platform
Published: 18-05-2022 | 14:26:43 | By: Pie Kamau
Bob W has acquired Estonia’s largest short-stay serviced apartment operator, Estonishing Stay Apartments, tripling Bob W's coverage in Estonia.


FNB announces $2.5m commitment to Black Tech Nation Ventures to fund Black-led technology startups
Published: 18-05-2022 | 13:46:00 | By: Pie Kamau
F.N.B. Corporation announced it is making a $2.5 million equity commitment to Black Tech Nation Ventures (BTN.vc), a majority Black-owned venture capital fund based in Pittsburgh, PA.


HealthQuest Capital closes $675m for Fund IV to invest in growth-stage healthtech startups
Published: 18-05-2022 | 13:35:00 | By: Pie Kamau
HealthQuest Capital, a sector specialist capital firm focused on companies optimizing value in healthcare, announced the close of HealthQuest Partners IV, L.P., at its hard cap of $675 million.


Banking-as-a-Service startup Unit raises $100m Series C round to accelerate product development
Published: 18-05-2022 | 13:05:00 | By: Pie Kamau
Unit, the banking-as-a-service platform that empowers companies to embed financial services in their products, announced it has raised a $100 million in a Series C round led by global software investor Insight Partners.


A.Team comes out of stealth with $60m funding to rethink tech's talent crisis
Published: 17-05-2022 | 14:59:00 | By: Pie Kamau
A.Team, the first members-only network of the world's top product builders, came out of stealth mode and announced a $55 million Series A financing round co-led by Tiger Global Management, Insight Partners and Spruce Capital Partners.


SaaS solution startup LucidLink raises $20m Series B to solve remote collaboration challenges for global creative teams
Published: 17-05-2022 | 14:40:00 | By: Pie Kamau
LucidLink, an innovative SaaS solution connecting creative teams around the world, announced it has raised $20 million in funding from investors in its Series B funding round.


Very Good Ventures raises $3m Series A funding to further scale rapidly growing flutter practice
Published: 17-05-2022 | 14:28:00 | By: Pie Kamau
Very Good Ventures, the Flutter app development consultancy, announced a $3 million in Series A funding from Celesta Capital to help drive rapid growth, make key hires, and expand the quality of the Flutter development ecosystem.


CMS startup Storyblok raises $47m Series B to make headless content management the new standard
Published: 17-05-2022 | 12:29:00 | By: Pie Kamau
Storyblok, an enterprise headless content management system (CMS) that enables developers and marketers to deliver powerful content experiences on any digital platform, announced the close of its $47 million Series B financing.


Pan-African VC firm Ventures Platform appoints Dotun Olowoporoku as new Venture Partner
Published: 16-05-2022 | 13:47:36 | By: Pie Kamau
Pan-African VC firm, Ventures Platform has appointed Dotun Olowoporoku as the new Venture Partner. The appointment comes less than 6 months after the firm closed its $40 million fund.


Security startup StackHawk raises $20.7m Series B funding for developer-first application and API security testing
Published: 16-05-2022 | 13:33:00 | By: Pie Kamau
StackHawk, the company making application security testing part of software delivery, has secured $20.7 million in capital co-led by Sapphire and Costanoa Ventures.


AI gaming startup Sizzle.gg raises $5m seed round for expansion
Published: 16-05-2022 | 12:59:00 | By: Pie Kamau
Sizzle.gg, an AI-driven patented platform that creates automatic and personalized highlights for esports leagues and teams, video game streamers and more, has raised $5 million in a seed funding round.


Gaming startup StartPlaying raises $6.5m seed funding to scale growth
Published: 16-05-2022 | 12:24:00 | By: Pie Kamau
StartPlaying, the online platform to find tabletop role-playing games and professional Game Masters, announced a $6.5 million seed round led by venture capital firm Andreessen Horowitz general partners Jonathan Lai and Andrew Chen.


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


Handspring launches with $6.2m seed financing to make mental healthcare accessible to children and families
Published: 13-05-2022 | 13:55:00 | By: Pie Kamau
Handspring announced the closing of its $6.2 million seed round to further its mission of making quality mental healthcare accessible to all families.


e-Logistics startup Truckbook raises $3m seed funding to revolutionize the trucking industry
Published: 13-05-2022 | 13:21:00 | By: Pie Kamau
Truckbook, a virtual trucking platform providing a suite of solutions for owner-operators, announced it has raised $3 million in Seed funding from Sacramento-based venture capital firm Moneta Ventures.


Fintech startup GravyStack raises $5.2m to launch gamified financial literacy banking platform for kids & teens
Published: 13-05-2022 | 12:47:00 | By: Pie Kamau
Serial entrepreneurs Scott Donnell and Travis Adams have raised a $5.2 million seed round led by Altrus Capital and a pool of private investors to launch the GravyStack financial literacy app.


Raytheon Technologies venture capital group invests in Hermeus to accelerate air travel
Published: 13-05-2022 | 11:29:00 | By: Pie Kamau
Raytheon Technologies announced a strategic investment in Hermeus Corporation, a company developing hypersonic aircraft for defense and commercial applications, through its newly established corporate venture capital group, RTX Ventures.


Fintech startup BridgerPay raises $6m seed round for self-onboarding payment operations platform
Published: 11-05-2022 | 13:45:00 | By: Pie Kamau
BridgerPay, a Limassol, Cyprus-based payment operations platform provider, raised $6 million in seed (equity and secondary) funding, to build the world's first self-onboarding payment operations platform.


Dough Ecommerce Capital partners with Byrne Capital to scale DTC businesses online
Published: 11-05-2022 | 13:03:00 | By: Pie Kamau
Dough Ecommerce Capital and Byrne Capital Ventures announced a strategic partnership to invest in and acquire direct-to-consumer (DTC) ecommerce businesses.


Salaries for startup CEOs break records, Kruze Consulting
Published: 11-05-2022 | 11:26:00 | By: Pie Kamau
Kruze Consulting, a CPA and finance consulting company for VC-backed startups, released new data on the average salary for startup CEOs.


CE-Creates merges with hatch & boost in MENA's first venture-builder merger for startups
Published: 11-05-2022 | 11:25:37 | By: Pie Kamau
CE-Creates, the business incubation platform of Crescent Enterprises, has completed the merger of its portfolio of startups with hatch & boost, an Abu Dhabi-based venture-builder dedicated to ‘hatching’ startup ideas.


e-Commerce startup byrd raises $56m Series C to become Europe-wide standard for next-day delivery
Published: 10-05-2022 | 11:07:00 | By: Pie Kamau
e-Commerce fulfillment technology startup byrd has raised a Series C round of $56 million, bringing the funding raised within the last 10 months to $75 million.


Biotech startup AskGene completes of $20m Series A financing to accelerate growth
Published: 10-05-2022 | 10:45:00 | By: Pie Kamau
AskGene, a clinical-stage biopharmaceutical company focusing on discovery and development of innovative biological drugs, announced the completion of $20 million in Series A financing.


Dragonfly Capital closes oversubscribed $650m crypto venture Fund III
Published: 10-05-2022 | 10:09:00 | By: Pie Kamau
Dragonfly Capital, a global crypto-focused investment firm, announced the final closing of its third venture fund, Dragonfly Ventures III, L.P. (Fund III).


Microsoft selects Solstar Space as Microsoft for Startups partner
Published: 10-05-2022 | 10:01:22 | By: Pie Kamau
Solstar Space (Solstar), the company making persistent in-orbit communications available, announced Microsoft has selected Solstar as a Microsoft for Startups partner.


South African gold startup Nebü Gold develops a gold bullion investment you can wear
Published: 10-05-2022 | 09:44:00 | By: Pie Kamau
South African gold startup Nebü Gold, is the first African jeweller to give bullion investors the option of wearing elegant 24-karat investment-grade jewellery.


Xerys injects additional $25m capital in French healthtech startup Biolog-id to boost global expansion
Published: 09-05-2022 | 11:06:00 | By: Pie Kamau
Xerys Invest, a private equity firm focused on health, life sciences, renewable energy and greentech, announces an additional investment of $25 million in Biolog-id, a provider of digital health solutions focused on the optimization of the value chain.


Healthtech startup HealthBeats raises $3m seed funding to expand remote vitals monitoring in Australia and Singapore
Published: 09-05-2022 | 10:42:00 | By: Pie Kamau
HealthBeats, a Singapore-based healthtech startup with end-to-end remote vitals monitoring solution, announced the closing of $3 million Seed round led by healthcare investor Heritas Capital.


Privacy-focused data-generation startup Kahoona raises $4.5m seed round to accelerate growth
Published: 09-05-2022 | 10:28:00 | By: Pie Kamau
Kahoona Inc., a first-party data generation and activation technology for the open web aimed at creating a digital ecosystem that preserves user privacy, announced it has closed $4.5 million in Series Seed financing.


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


Danish startup Januar raises €6m to provide crypto gate for Europe
Published: 06-05-2022 | 09:39:00 | By: Pie Kamau
Danish startup Januar ApS, announced the closing of €6 million round to become the leading one-stop crypto gate for European businesses, serving the growing crypto and digital asset industry with a market cap of $2 trillion.


Digital investment platform Allocate announces $15.3m Series A funding to expand access to venture capital investing
Published: 06-05-2022 | 09:20:00 | By: Pie Kamau
Allocate, a digital investment platform that provides investors a streamlined way to access top-tier venture funds and co-investments, announced a $15.3 million Series A funding round.


Nigerian trade tech firm Norebase raises $1m pre-seed round to scale African growth
Published: 06-05-2022 | 08:27:00 | By: Pie Kamau
Norebase, a Nigeria-based trade technology firm announced it has secured $1 million pre-seed funding round, co-led by Samurai Incubate and Consonance Investment.


Cipio Partners unveils €202m fund to back growth-stage technology companies in Europe
Published: 04-05-2022 | 14:23:00 | By: Pie Kamau
Cipio Partners, an investor in European growth stage technology firms, has closed its latest fund, Cipio Partners Fund VIII, with €202 million in commitments.


Viva Technology, IFC announce 45 emerging African startups to compete for the 2022 AfricaTech Awards
Published: 04-05-2022 | 13:58:00 | By: Pie Kamau
Viva Technology and the International Finance Corporation (IFC), announced the top 45 startups that have been long-listed for the first edition of the AfricaTech Awards.


Lithuanian fintech startup kevin. secures $65m to disrupt payments sector, unlock open banking
Published: 04-05-2022 | 13:39:00 | By: Pie Kamau
kevin., the Lithuanian fintech startup providing an advanced A2A (account-to-account) payment infrastructure to replace costly card transactions, announced it has secured $65 million in Series A funding.


Competency analytics startup Claira raises $3.5m to optimize human capital
Published: 04-05-2022 | 13:04:00 | By: Pie Kamau
Claira, the competency analytics engine, announced it has closed a $3.5 million Seed round led by Heartland Ventures, with participation from Trend Forward Capital, Connetic Ventures, Invest Detroit Ventures, and Northern Michigan Angels.


High-speed package inspection startup Spectrohm raises $2m seed funding to transform security screening
Published: 04-05-2022 | 12:56:00 | By: Pie Kamau
Spectrohm, a company building next-generation inspection solutions for mail and packages, announced it closed $2.0 million in seed funding.


Golden Gate Ventures announces first Entrepreneur in Residence, deepens portfolio growth strategy for 1.5 - 2nd generation founders
Published: 04-05-2022 | 12:04:00 | By: Pie Kamau
Golden Gate Ventures, a venture capital fund in Southeast Asia founded by Silicon Valley natives, announced its first Entrepreneur in Residence, Tiago Costa Alves.


Breakthrough Properties raises $3b to develop next-gen life science ecosystems
Published: 03-05-2022 | 16:46:00 | By: Pie Kamau
Breakthrough Properties, a joint venture of Tishman Speyer and Bellco Capital, announced the final closings for the Breakthrough Life Science Property Fund.


The Home Depot announces $150m venture capital fund to fuel innovation in retail and home improvement
Published: 03-05-2022 | 16:28:00 | By: Pie Kamau
The Home Depot announced Home Depot Ventures, a $150 million venture capital fund created to identify, fund and partner with early-stage companies to accelerate emerging technologies.


Career progression startup Pando raises $6.9m to give employees control over their career paths
Published: 03-05-2022 | 14:42:00 | By: Pie Kamau
Pando, the just-in-time career progression platform, announced it has raised a total of $6.9 million led by Craft Ventures.


Capable Health startup raises $6m to underpin next revolution in the U.S. healthcare
Published: 03-05-2022 | 14:21:00 | By: Pie Kamau
Healthcare infrastructure company Capable Health announced it has raised $6 million in seed funding led by M13, with participation from AlleyCorp and Able Partners.


January Ventures closes $21m Fund II to invest in formation stage B2B software startups
Published: 29-04-2022 | 14:20:00 | By: Pie Kamau
January Ventures announced an oversubscribed $21 million Fund II to continue investing in formation stage B2B software startups.


The Batchery announces14th batch of founders to join its startup accelerator
Published: 29-04-2022 | 14:06:00 | By: Pie Kamau
The Batchery, the Berkeley-based incubator that has built an entrepreneurial ecosystem for investors and startups from around the world, announced that 12 early-stage startups have joined its accelerator program.


African B2B marketplace Kwely nabs $1m seed round to accelerate growth
Published: 29-04-2022 | 13:52:00 | By: Pie Kamau
African B2B marketplace Kwely finalized a $1 million seed funding round with a $700,000 injection of fresh capital led by WIC Capital with participation from Loftyinc Capital, Afropreneur Angels, Haskè Ventures and other angel investors.


Estonian e-Store startup Upty acquires Finnish peer Rekki, opens up seed round
Published: 26-04-2022 | 13:18:00 | By: Pie Kamau
Estonian startup Upty, the resale e-Store in the Baltic region, announced the acquisition of its Finnish peer, Rekki. In addition, Upty is planning to kick-start the fundraising in the coming months in order to pursue the Company's accelerated expansion across Europe.


Athletes, artists digital platform Vaunt raises $5m Series A funding to accelerate growth
Published: 26-04-2022 | 12:38:00 | By: Pie Kamau
Vaunt, a platform for athletes and artists to monetize their talents and stream globally for live and digital viewers, announced a $5 million Series A funding round to elevate the brand and potential of the business to the next level.


Insurtech startup ETAP secures $1.5m pre-seed funding to drive car insurance penetration in Africa
Published: 26-04-2022 | 11:55:00 | By: Pie Kamau
ETAP, an insurtech startup that makes it easier to buy and claim insurance, has secured $1.5 million in pre-seed funding to grow its team and drive the adoption of much-needed car insurance across Africa.


UPSIDE Foods raises a $400m Series C round to commercialize cultivated meat at scale
Published: 25-04-2022 | 14:16:00 | By: Pie Kamau
UPSIDE Foods (formerly Memphis Meats), the company in the cultivated meat, poultry, and seafood industry, announced the close of a $400 million Series C funding round, the largest round in the industry to date.