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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 2722352 | Tags:

Woflow acquires European startup XtremeAI to expand reach bolster AI capabilities
Published: 05-06-2023 | 15:08:00 | By: Pie Kamau
Woflow, the data infrastructure company, announced the acquisition of XtremeAI


Figure announces $70m Series A to support commercialization of Figure 01 humanoid robot
Published: 31-05-2023 | 11:47:00 | By: Pie Kamau
Figure, an AI Robotics company, announced its $70 million Series A funding round


46VC invests in Exum Instruments' Series A funding round
Published: 31-05-2023 | 11:08:00 | By: Pie Kamau
FortySix Venture Capital (46VC), announced its strategic investment in Exum Instruments' Series A funding round.


How payment technology is changing the rulebook on South African retail
Published: 31-05-2023 | 10:48:00 | By: Pie Kamau
The past few years have seen the proliferation of new methods of transacting.


Plenitude, Energica partner to provide innovative solutions for electric mobility
Published: 31-05-2023 | 10:19:00 | By: Pie Kamau
Plenitude (Eni) and Energica have partnered to develop new cutting-edge projects.


Dental marketplace Wellplaece launches with $5.5m seed round
Published: 31-05-2023 | 10:05:00 | By: Pie Kamau
Dental marketplace Wellplaece announced the company's Private Beta launch.


5 UK cities leading the way in sustainable transport, Plug and Play
Published: 30-05-2023 | 10:16:00 | By: Pie Kamau
The need for transportation systems that prioritize environmental sustainability has gained significant momentum.


Satgana invests in pre-seed round of French electric bike startup Loewi
Published: 30-05-2023 | 09:43:00 | By: Pie Kamau
Satgana has invested in the pre-seed round of Paris-based electric bike startup Loewi.


Adonis raises $17.3m to transform revenue outcomes for healthcare providers across the U.S.
Published: 30-05-2023 | 09:16:00 | By: Pie Kamau
Adonis announced it has raised $17.3 million in Series A financing.


[Column] Mukesh Bector: A simple place to start if you’re lagging on digital transformation
Published: 30-05-2023 | 08:59:00 | By: Pie Kamau
Digital transformation: we’ve all heard the phrase a thousand times.


Nigeria's regtech startup Youverify launches its full cycle compliance solutions in Kenya
Published: 30-05-2023 | 08:47:00 | By: Pie Kamau
Youverify has officially entered the Kenyan market. 


6 smart ways finance leaders are cutting business costs in 2023, Sastrify
Published: 29-05-2023 | 14:39:00 | By: Pie Kamau
It has long been a common practice for companies to make reactive cost cuts.


Genetica raises $500k seed round to make cannabis shopping smarter with AI
Published: 29-05-2023 | 14:04:00 | By: Pie Kamau
Genetica, an AI cannabis retail platform, announced the close of its seed round.


[Column] Joanne Mwangi – Yelbert: Entice more women in tech to bridge skills gap and bolster growth
Published: 29-05-2023 | 13:50:00 | By: Pie Kamau
Incredible improvements in tech are rapidly reshaping our world.


Startups flock to too-big-fo-fail banks, Kruze Consulting
Published: 29-05-2023 | 13:20:00 | By: Pie Kamau
Based on data from 160+ venture fund startups and more than $2 billion in cash, startups have been flocking to the major banks


Parking solution startup Bootstrapped launches proprietary app to empower property owners
Published: 29-05-2023 | 13:06:00 | By: Pie Kamau
Innovative parking solution startup Xtraspots has been quietly gathering momentum.


Wicked Kitchen acquires Current Foods to lead the way in plant-based industry transformation
Published: 26-05-2023 | 12:05:00 | By: Pie Kamau
Wicked Kitchen announced the acquisition of Current Foods.


G.O.A.T. Fuel closes $5m seed round to accelerate growth trajectory
Published: 26-05-2023 | 11:44:00 | By: Pie Kamau
G.O.A.T. Fuel announced the successful closing on its initial Series Seed round of financing.


Alpine Space Ventures secures €60m to support the growing commercial NewSpace ecosystem
Published: 26-05-2023 | 11:06:00 | By: Pie Kamau
The EIF is committing €60m in equity to Alpine Space Ventures.


Travel insurtech startup Faye lands $10m Series A funding
Published: 26-05-2023 | 10:48:00 | By: Pie Kamau
Travel insurance startup Faye, announced it has raised $10 million in Series A funding.


Pluton Biosciences raises $16.5m Series A funding to fight climate change
Published: 26-05-2023 | 10:31:00 | By: Pie Kamau
Pluton Biosciences announced the close of a $16.5 million Series A funding round.


boombox.io raises $7m to build out creator platform for music makers
Published: 25-05-2023 | 15:25:00 | By: Pie Kamau
boombox.io.io, a collaboration platform for music makers, announced it has closed $7 million of seed capital.


Startup CEO salaries decline to 2019 levels, Kruze Consulting
Published: 25-05-2023 | 14:46:00 | By: Pie Kamau
Kruze Consulting has released new data on startup CEO salaries.


Austrian SaaS startup Shopstory scores million-dollar investment to accelerate growth
Published: 25-05-2023 | 14:31:00 | By: Pie Kamau
Austrian SaaS startup Shopstory has scored another million-dollar investment.


Volition raises $11m to scale the world's largest industrial parts marketplace
Published: 25-05-2023 | 13:35:00 | By: Pie Kamau
Volition has announced an $11 million seed round led by Newark Venture Partners.


Leveraging proptech for urban design that promotes sustainable transport, Plug and Play
Published: 23-05-2023 | 14:17:00 | By: Pie Kamau
Proptech is becoming a part of a transformational movement in transportation.


Stark Raving launches growth marketing solution for life science startups looking to scale faster
Published: 23-05-2023 | 13:57:00 | By: Pie Kamau
Stark Raving announced the launch of a suite of growth marketing solutions.


CoinsPaid sees potential in Estonian market, ready to drive innovation in startup ecosystem
Published: 23-05-2023 | 13:35:00 | By: Pie Kamau
CoinsPaid continues to develop and places emphasis on the potential of Estonia.


FlowX.AI raises $35m to transform application modernization at large banks
Published: 23-05-2023 | 11:29:00 | By: Pie Kamau
FlowX.AI announced it has raised a $35 million Series A funding round.


Israeli fintech startup Firmbase emerges from stealth with $12m funding
Published: 23-05-2023 | 10:18:00 | By: Pie Kamau
Firmbase, an Israeli finance tech startup has emerged from stealth with $12m funding.


Surgical visualization startup ClearCam closes $4m Series 3 seed funding round
Published: 18-05-2023 | 16:10:00 | By: Pie Kamau
ClearCam announced the closing of $4 million in seed round funding.


Planera raises $5.4m seed funding to transform the construction industry
Published: 18-05-2023 | 15:21:00 | By: Pie Kamau
Planera has raised $5.4m seed funding to transform the construction industry.


Climate tech startup Amini raises $2m to solve environmental data scarcity for Africa
Published: 18-05-2023 | 14:51:00 | By: Pie Kamau
Amini, Corp. has raised $2 million in pre-seed funding in an oversubscribed round.


Absa acquires minority stake in South African agritech startup Khula!
Published: 18-05-2023 | 14:33:00 | By: Pie Kamau
Absa Bank has acquired a minority stake in South African agritech startup, Khula! 


UK biotech startup Resurrect Bio completes seed investment round to develop disease resistant crops
Published: 17-05-2023 | 13:27:00 | By: Pie Kamau
Resurrect Bio, a biotechnology startup which is on a mission to revolutionize the agricultural industry by giving crops the genetic tools to defend themselves against disease, has completed its seed investment round, totaling at £1.61 million.


Singapore-based tech-enabled coffee chain Flash Coffee extends Series B round to $50m
Published: 17-05-2023 | 13:01:00 | By: Pie Kamau
Singapore-based tech-enabled coffee chain Flash Coffee has announced the successful completion of its Series B financing round led by White Star Capital, raising a total of $50 million following its latest closing.


7 in 10 UK tech workers consider hybrid working a key factor when considering a future employer, report
Published: 17-05-2023 | 12:47:00 | By: Pie Kamau
Techspace has released The Scaleup Culture Report, a national report diving into the current state of workplace culture across the UK tech industry.


Amsterdam-based cyber fraud startup ThreatFabric closes €11.5m seed round to accelerate growth
Published: 17-05-2023 | 11:47:00 | By: Pie Kamau
ThreatFabric, the provider of fraud detection solutions & intelligence for the financial services sector, has raised €11.5 million in a seed round to expand its technical capabilities and support the company’s growth.


Nigerian cold-chain startup Gricd rebrands as Figorr, secures $1.5m seed funding to support data-driven insurance for perishable goods in Africa
Published: 17-05-2023 | 11:27:00 | By: Pie Kamau
Gricd, a technology company that develops Internet of Things-powered solutions to support the last-mile delivery of perishable goods, has secured $1.5m seed funding.


The 7 most sustainable cities creating the future of work after COVID-19, Plug and Play
Published: 16-05-2023 | 12:59:00 | By: Pie Kamau
The World Health Organization recently announced that COVID-19 is no longer a global emergency. However, the impact of the pandemic has left a lasting mark on all industries.


VOSMOS introduces DIY Virtual Events platform for user-created, customized virtual events
Published: 16-05-2023 | 12:33:00 | By: Pie Kamau
VOSMOS, a tech startup that specializes in Metaverse and virtual experiences, has launched VOSMOS.Events, a DIY or user-created virtual events platform.


Start-Up Nation Central collaborates with Microsoft to promote Israeli agri-food tech startups
Published: 16-05-2023 | 12:08:00 | By: Pie Kamau
Start-Up Nation Central has collaborated with Microsoft to promote Israeli agri-food tech startups in the international marketplace.


The Futurelist launches to connect Africa's tech startups to global investors
Published: 16-05-2023 | 11:37:00 | By: Pie Kamau
African Leadership International (ALI), has obtained the rights to the 'Global Finder' platform for tech startups from Israel-based Start-Up Nation Central (SNC).


Golden Gate Ventures doubles down on Locofy.ai investment to accelerate go-to-market for startups and enterprises
Published: 16-05-2023 | 11:23:00 | By: Pie Kamau
Golden Gate Ventures, a venture capital fund in Southeast Asia (SEA), has injected a second round of investment into Locofy.ai, a platform that converts graphic designs into working code with AI.


Arieli Capital, Slovenia government launch second cohort of Slovenia-Israel Accelerator program
Published: 12-05-2023 | 14:13:00 | By: Pie Kamau
Arieli Capital and the Slovenia government have joined forces to launch the second cohort of the Slovenia-Israel Accelerator program.


UK-based SaaS startup Fundpath secures £4m funding round with Fuel Ventures
Published: 12-05-2023 | 13:51:00 | By: Pie Kamau
Fundpath, the data and technology business bridging the information disconnect between asset managers and wealth managers, announced the completion of a £4m late seed funding round with Fuel Ventures.


[Column] Malik Shaffy Lizinde: Unlocking the potential of AI-from fear to excitement
Published: 12-05-2023 | 13:26:00 | By: Pie Kamau
AI is becoming a significant part of our lives, and there's a growing concern that it will replace human jobs, leading to unemployment.


South African healthtech startup Quro Medical raises $1.3m funding from Mineworkers
Published: 12-05-2023 | 13:12:00 | By: Pie Kamau
Quro Medical, the South African e-health startup has received a $1.3 million investment from leading investment firm the Mineworkers Investment Company (MIC).


German startup Wingcopter secures €40 to scale up electric delivery drones and logistics services
Published: 11-05-2023 | 15:13:00 | By: Pie Kamau
The European Investment Bank (EIB) will provide a €40 million quasi-equity investment into Wingcopter, a European pioneer in unmanned delivery drone technology and related services.


Spacetech startup EnduroSat secures $10m Series A funding to streamline satellite data
Published: 11-05-2023 | 14:58:00 | By: Pie Kamau
Spacetech startup EnduroSat, has raised $10m Series A funding, led by the EU investment firm CEECAT Capital, focused on the high growth markets of CEE Europe.


South African healthtech startup Guidepost unveils chatbot for diabetic patients
Published: 11-05-2023 | 14:20:00 | By: Pie Kamau
South African healthtech startup Guidepost has unveiled an AI-powered chatbot to help citizens living with diabetes better manage their condition.


Kenya's B2B e-Commerce startup Wasoko expands to Zambia
Published: 11-05-2023 | 14:10:00 | By: Pie Kamau
Wasoko has revealed plans to invest over $1 million in Zambia. The B2B retail and e-Commerce made this announcement while announcing its official entry into the Southern African country. 


Catalyst Funds closes its fourth Fund to support next-gen entrepreneurs and innovators in Israel
Published: 11-05-2023 | 14:04:00 | By: Pie Kamau
Catalyst Funds announced the closing of its fourth Fund – Catalyst IV, that will manage assets of $150 million. The new fund will invest in growth companies in various sectors.


Milan-based fintech startup Viceversa closes €10m Series A funding round to accelerate growth
Published: 10-05-2023 | 15:57:00 | By: Pie Kamau
Viceversa, the Milan-based fintech startup that introduced revenue-based financing to Italy to support the growth of digital companies, announced the closing of €10 million Series A financing round.


Aegis Ventures, Northwell Holdings launch healthtech startup Optain to detect and prevent early stage diseases
Published: 10-05-2023 | 15:35:00 | By: Pie Kamau
Ascertain, a revolutionary collaboration between Aegis Ventures and Northwell Holdings, announced a seed funding round to launch Optain, an artificial intelligence company.


IDC Ventures appoints Jaclyn Baumgarten as Managing Partner to spearhead US expansion
Published: 10-05-2023 | 15:20:00 | By: Pie Kamau
IDC Ventures (IDCV), announced the appointment of Jaclyn Baumgarten as a Miami-based Managing Partner and the head of its US operations.


Dairy Runway program launches to provide education and support for early-stage dairy innovators
Published: 10-05-2023 | 15:09:00 | By: Pie Kamau
Cornell University's Center for Regional Economic Advancement (CREA) and the Northeast Dairy Foods Research Center have launched the Dairy Runway program, an entrepreneurship curriculum for dairy innovators.


Tech Seoul partners with Starta Ventures to expand global outreach for Korean startups
Published: 10-05-2023 | 14:45:00 | By: Pie Kamau
Tech Seoul, an online English news platform, announced it has signed a partnership agreement with Starta Ventures, a mid-sized venture capital firm based in New York, to support the global expansion of Korean startups.


How automotive solutions will create sustainable urban living, Plug and Play
Published: 09-05-2023 | 15:37:00 | By: Pie Kamau
Automotive solutions play a critical role in creating sustainable cities, particularly in regard to real estate, urban planning, IoT, AI, and smarter cities in general.


GC Ventures invests in UK-based startup Interface Polymers to enhance plastics recyclability
Published: 09-05-2023 | 15:16:00 | By: Pie Kamau
GC Ventures (GCV), a subsidiary of PTT Global Chemical PLC (GC), is investing in the British company Interface Polymers Ltd. This investment opens new horizons for GC Group, enabling more efficient and sustainable plastic recycling.


How to make your SaaS company grow, Product Fruits
Published: 09-05-2023 | 14:40:00 | By: Pie Kamau
SaaS (Software-as-a-Service) is the most agile and fastest-growing form of the software industry. Here are the best SaaS practices to help your business grow.


Hilversum-based software platform Instruqt raises €15m to help companies improve product demos, trainings
Published: 09-05-2023 | 13:28:00 | By: Pie Kamau
Instruqt, the product-led growth platform that transforms the way tech professionals learn new technologies with interactive product experiences, announced it has raised €15 million Series A funding.


Innovate UK launches £100m AI Fund for UK business
Published: 09-05-2023 | 13:03:00 | By: Pie Kamau
Innovate UK, the UK’s national innovation agency, has unveiled BridgeAI, a new programme which aims to drive growth and competitiveness in the UK economy through the adoption of artificial intelligence (AI) and machine learning (ML). 


Five tech startups join Northwestern Mutual Black Founder Accelerator program
Published: 05-05-2023 | 16:51:00 | By: Pie Kamau
Northwestern Mutual, in partnership with gener8tor, announced the addition of five promising tech startups to its innovative Black Founder Accelerator program.


Fintech startup Setscale launches out of stealth with ~ $80m equity and debt raise
Published: 05-05-2023 | 16:33:00 | By: Pie Kamau
Setscale, a fintech startup revolutionizing purchase order financing for SMBs, announced it has raised a $9.5 million seed funding round, as well as secured up to $70 million in debt.


AAM invests in EnerTech's Global Strategic Mobility Fund to advance automotive technologies
Published: 05-05-2023 | 16:13:00 | By: Pie Kamau
American Axle & Manufacturing (AAM), a pioneer in driveline and metal forming technology, announced a $10 million investment in the Global Strategic Mobility Fund (GSMF), a venture capital fund managed by EnerTech Capital.


Claret Capital Partners launches €72m Opportunity Fund to support its performing portfolio companies
Published: 04-05-2023 | 13:15:00 | By: Pie Kamau
Claret Capital Partners, the London-based Pan-European growth capital adviser, announced the launch of its first Opportunity Fund, the Claret European Growth Opportunities Annex Fund I, with a total size of €72 million.


Nigerian payments startup Nomba raises $30m pre-Series B funding round
Published: 04-05-2023 | 13:05:00 | By: Pie Kamau
Nigerian payment service provider Nomba has raised a $30 million pre-Series B funding round to support the delivery of bespoke payment solutions for African businesses.


Oncology Ventures invests in next-gen cancer startups for affordable, efficient and accessible cancer care
Published: 04-05-2023 | 12:53:00 | By: Pie Kamau
Oncology Ventures, the trusted partner for early stage cancer startups, has announced its investment in the next generation of cancer startups.


Danish startups pursue US expansion opportunities through TMC Biobridge
Published: 04-05-2023 | 12:39:00 | By: Pie Kamau
Texas Medical Center (TMC) and the BioInnovation Institute (BII) announced that three startups from BII will join a customized accelerator program tailored for helping startups build their US go-to-market strategy.


Denmark-based soil carbon startup Agreena raises €46m to scale the regenerative revolution
Published: 04-05-2023 | 10:17:00 | By: Pie Kamau
Denmark-based climate and fintech startup Agreena, whose soil carbon platform is one of the largest globally, announced its Series B raise of €46 million.


Transforming public health solutions via AI revolutions, Plug and Play
Published: 03-05-2023 | 10:31:00 | By: Pie Kamau
Public health has traditionally been understood as a mission-driven industry that could not be profitable but, rather, one that utilizes a non-profit structure.


OtherLeft Ventures launches healthcare-focused venture studio in Nashville, TN
Published: 03-05-2023 | 10:16:00 | By: Pie Kamau
OtherLeft Ventures announced the launch of its healthcare-focused venture studio in Nashville, Tennessee (TN).


[Column] Oluwatobi Amusan: Financial inclusion in Africa with embedded trade finance
Published: 03-05-2023 | 10:03:00 | By: Pie Kamau
There can be no talk of financial inclusion in Africa without trade finance. Trade promotes economic growth, reduces poverty, fosters economic and cultural links between regions and countries, and facilitates capital movement.


Atlanta-based startup Makeswift raises $3m to help marketers build enterprise-class, composable websites
Published: 03-05-2023 | 09:45:00 | By: Pie Kamau
Makeswift, the visual builder for Next.js websites, announced it has raised $3 million to empower marketers to build and manage powerful websites without engineering intervention.


Africa’s mezzanine debt fund manager Vantage Capital exits Dynamic Bedding
Published: 03-05-2023 | 09:12:00 | By: Pie Kamau
Vantage Capital, Africa’s mezzanine debt fund manager, announced it has fully exited its investment in Dynamic Bedding, a South African specialist bed manufacturer and retailer.


Fintech startup Pyypl rolls out social, micro-investment platform for African entrepreneurs and micro-SMEs
Published: 03-05-2023 | 08:52:00 | By: Pie Kamau
Fintech startup Pyypl has announced the commercial rollout of its social, micro-investment platform for self-employed entrepreneurs and micro-SMEs in Africa.


Swedish sodium-ion battery developer Altris secures €4.8m funding, appoints new CEO and CFO
Published: 02-05-2023 | 12:17:00 | By: Pie Kamau
Altris, the Swedish sodium-ion battery developer, has secured €4.8 million of bridge financing from its current owners and appointed Björn Mårlid as its new CEO and Christer Bergquist as new CFO.


Early stage VC firm True Ventures creates practical framework to help startups decarbonize
Published: 02-05-2023 | 11:43:00 | By: Pie Kamau
True Ventures announced the launch of the True Climate Action Guide to help its portfolio founders and companies across the technology ecosystem reduce carbon emissions.


African blockchain startups raised $474m in 2022, report
Published: 02-05-2023 | 11:29:00 | By: Pie Kamau
The growth of the African crypto market has been remarkable in spite of the ongoing crunch the industry is experiencing globally.


How two teenagers harnessed the power of TikTok to build a million dollar golf brand
Published: 02-05-2023 | 11:24:00 | By: Pie Kamau
Less than eighteen months ago, Golf Daddy Co-founders, Daniel Puumalanien and Paul Boranian were working at a fashion-tech startup when the idea to launch a golf training aid became a reality.


JetBlue Ventures, Plug and Play partnership yield successful outcome in travel and hospitality industry
Published: 02-05-2023 | 11:09:00 | By: Pie Kamau
JetBlue Ventures and Plug and Play Tech Center announced that their partnership has once again been successful in fostering innovation and growth in the travel industry.


Pan-African payments startup PayDay re-launches in Rwanda, partners with Starlink to enable internet access
Published: 02-05-2023 | 10:56:00 | By: Pie Kamau
Pan-African payments startup PayDay has re-launched in Rwanda and announced a partnership that will enable Startlink customers to purchase their subscription services through the platform.