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[Free Webinar] Accelerating FX Success: Expansion Strategies for Marketing Agencies in Eastern, Western Africa
This event is tailored for marketing executives and CFOs looking to gain actionable insights into international expansion, building a global clientele and establishing strong online presence.
STHL East Africa bets on demand for power tools to grow revenues
German power tools manufacturer, STIHL East Africa, has reported a significant increase in revenue in its first year of operation since upgrading its marketing office to a fully-fledged sales subsidiary.
Cyble secures $24m Series B funding to advance AI-powered threat intelligence solutions
Cyble announced a $24m injection of capital through Series B funding.
DBtune secures €2.4m seed funding to revolutionize AI-based database optimization
DBtune has successfully closed €2.4 million seed funding round led by 42Cap
Blackbaud invests in generative AI startup Momentum for social impact
Blackbaud announced a strategic investment in Momentum.
Molten Ventures leads €5m round in Oliva to expand workplace mental health support
Molten Ventures has led €5 million round in Oliva.
[Column] Hani Raad: Dedication, innovation, and education - the recipe for Africa’s digital prosperity
Africa has come a long way in terms of digital innovation and adoption.
Wall decor startup DecoSynth secures venture funding round led by Misfit Capital
DecoSynth has announced the successful completion of a venture funding round.
Beeyond Media raises $10m seed funding round to drive growth across US and LATAM
Beeyond Media announced the close of $10 million seed round
Pulsr launches Web3's first AI search engine for NFTs
Pulsr Foundation has released AI search engine optimization for over 5 million NFTs.
SatSure partners with Rabo Partnerships to revolutionize cash flow-based lending for smallholder farmers
SatSure announced partnership with Rabo.
ev.energy secures $33m funding to drive electric vehicle-grid integration in North America and Europe
ev.energy announced its $33m Series B raise.
California startup Space Campers reveals cutting-edge prototype for Tesla Cybertruck
Space Campers lives up to the renders in a teaser video of their new prototype.
Frankfurt-based QuoIntelligence secures €5m seed financing to accelerate growth
QuoIntelligence announced a €5m seed financing round.
Very Good Ventures expands Series A with $3.4m from Celesta Capital
Very Good Ventures (VGV), a full-service Flutter consulting firm, announced it has expanded its Series A round with $3.4m.
Supply Change Capital closes debut $40m fund to invest in the future of food
Supply Change Capital announced the close of its inaugural $40 million fund.
Aethir closes $150m valuation, Pre-A funding round to scale decentralized cloud infrastructure
Singapore-based Aethir announced the completion of its Pre-A funding round.
TDK Ventures invests in Infinite Uptime's Industry 5.0 digital intelligence platform
TDK Ventures has invested in the Industry 5.0 - focused startup Infinite Uptime.
Mobilo secures $4.1m in seed funding to revolutionize business networking
Mobilo, the maker of first smart business cards, has raised $4.1m in seed funding.
Freiburg-based constellr secures new funding to springboard US expansion
constellr has secured further investment to extend its seed round to a total of €17m.
Frigade raises $3m seed round to build developer tool for product onboarding and adoption
Frigade announced it has raised $3m in seed round of funding
New startup XIM establishes Nutri-Tech as an emerging category
XIM is set to disrupt the nutritional supplement industry with the introduction of its flagship product, the X45.
Goodwater raises over $1b to support consumer technology startups globally
Goodwater has raised over $1 billion across its family of early and growth stage funds.
London-based talent attraction SaaS scaleup inploi raises £1.35m seed round ahead of US expansion
inploi, the talent attraction technology scaleup, has raised £1.35 million round.
Bion initiates startup of livestock waste treatment technology demonstration project
Bion Environmental Technologies has initiated integrated system startup.
NEOM joins Startup Creasphere's program powered by Plug and Play Munich
Startup Creasphere has announced new partnership with NEOM.
[Column] Nchaupe Khaole: Unlocking South Africa's technology investment potential
Technology enabled businesses and the solutions they develop represent growth.
Kenyan healthtech startup Zuri Health raises undisclosed funding from Five35 Ventures
Kenyan healthtech startup Zuri Health has raised an undisclosed amount of funding.
Carbon neutral startups are the key to our future, Plug and Play
The escalating impact of climate change has highlighted the importance of confronting greenhouse gas.
Visa opens applications for its Africa Fintech Accelerator Program
Visa has opened applications for startups to participate in the first cohort of the Visa Africa Fintech Accelerator program.
Azolla Ventures debuts $239m blended fund to support overlooked climate solutions
Prime Coalition and Azolla Ventures have announced a $239 million blended fund.
Israeli social commerce startup Terrific completes its seed round of financing
Israeli social commerce startup Terrific has completed its seed round of financing.
Climate-tech startup Aeroseal secures $67m Series B funding
Aeroseal has announced the successful completion of a $67 million Series B funding round.
Swiss fintech startup Numarics raises €10.2m seed round
Swiss fintech startup Numarics has raised a €10.2m seed round for its automated accounting and administration solution tailored to SMEs.
Bristol tech startup Deazy appoints Laura Wall as Head of Marketing
Developer marketplace platform Deazy has appointed Laura Wall as Head of Marketing.
London-based IoT SaaS startup Thingtrax raises £4.3m to fuel expansion
IoT SaaS startup Thingtrax has raised £4.3 million in a Pre-Series A round.
European payments startup Salve FH selects Finastra to tackle payment delays for corporates
Salve FH has selected Finastra Essence to reduce payment delays.
South Korean tech startup Wayne Hills produces sci-fi film using generative AI
Tech startup Wayne Hills has kicked off producing sci-fi films using generative AI.
5 tips to improve small business productivity, Family Features
Running a small business comes with a multitude of challenges that can hinder productivity.
London-based carbon data provider Sylvera raises $57m Series B, plans US expansion
Sylvera has raised $57m Series B financing to scale its teams and product offerings.
TLV Partners achieves $1b, launches $250m early-stage Israeli startups Fund V
TLV Partners announced $1 billion in assets under management (AUM).
Fintech company Nav acquires startup Tillful to accelerate growth
Nav, the financial health platform for small businesses, announced its acquisition of Tillful.
Explainable-AI image recognition startup ZAC initiates medical imaging for pathology
ZAC will apply its Concept-Learning algorithms in medical imaging.
Medical device company OrganOx raises £25m to transform organ transplantation practices
OrganOx has raised £25m in a growth round led by Lauxera Capital Partners.
Primal launches new social network for digital freedom
Primal announced the launch of its flagship application following a $1 million seed round.
[Column] Patrick Evans: Boosting cybersecurity with robust digital risk assessment tools
Cybersecurity be boosted by building a strong cyber risk profile.
Startupbootcamp AfriTech opens cohort 4 of its ASIP accelerator program
Startupbootcamp AfriTech has opened applications its ASIP accelerator program.
Lightspeed leads Zluri’s $20m funding round as SaaS management platform takes off
SaaS operations(SaaSOps) platform Zluri, announced a $20m funding round.
Belgian agritech startup Aphea.bio raises €70m to accelerate growth
Aphea.Bio, a Belgium-based agricultural technology company, announced the closing of its Series C funding round.
[Column] Ronald Magondo: How cloud-native approaches are redefining business
Cloud-native approaches are rapidly redefining the business landscape.
[Column] Theo van Zyl: Connectivity on the go, why not all mobile internet services are the same
More consumers are taking a closer look at their connectivity requirements.
Microsoft selects LexCheck for its Startups Pegasus Program
LexCheck has been selected for the Microsoft for Startups Pegasus Program.
Belgian fund manager Amavi Captial acquires Sweden’s SF Ventures, increases proptech portfolio
Belgium-based AMAVI Capital has announced expansion into the Nordic region.
SineWave Ventures raises $160.3m to transform the enterprise tech market
SineWave Ventures announced the close of a $160.3 million Fund III raise.
Investing platform Public launches in the UK
Public, a US-based multi-asset investing platform, has launched in the United Kingdom (UK).
Palantir partners with Toronto-based startup AirMatrix to scale drone operations
Palantir Technologies and AirMatrix have partnered to accelerate drone operations.
Cyber security startup Entitle appoints Stephen Wadsworth as VP of Sales
Entitle has appointed Stephen Wadsworth as the new Vice President of Sales.
Tokyo's dynamic ecosystem for a startup company and its global impact, Plug and Play
Tokyo, Japan is an economic powerhouse with its thriving business landscape.
Salonkee raises €28m to fuel growth, solidify position as Europe’s provider of salon management software
Salonkee has raised €28m in growth capital.
Workforce management platform When I Work acquires fintech startup Lean Financial
When I Work announced its acquisition of fintech startup Lean Financial.
Blackbaud's accelerator program welcomes 10 startups building generative AI solutions
Blackbaud announced the newest cohort of its Social Good Startup Program.
Co-Created announces global expansion with launch of first Asia-Pacific office
Co-Created announced its next phase of strategic expansion.
Denver-based foodtech startup bitewell closes oversubscribed $4m seed round
bitewell announced an oversubscribed close of $4 million seed round.
[Column] Rami Osman: 5G as a catalyst for economic opportunities, innovation in Sub-Saharan Africa
Sub-Saharan Africa is at the forefront of innovations.
SuperScale raises $5.4m Series A to grow revenue for game developers and publishers
SuperScale announced it has raised $5.4 million in a Series A funding round.
Kenyan agritech startup Kyosk acquires KwikBasket, expands into fresh produce market
Kenyan agritech startup Kyosk, is expanding into the African fresh produce market.
Ayoba, Adanian Labs launch accelerator programme in Nigeria
Ayoba has partnered with Adanian Labs to launch an SME accelerator program in Nigeria.
AI startup Contoro Robotics raises $4.7m seed roundv to accelerate growth
Contoro Robotics announced it has raised $4.7 million in seed funding.
German healthcare investor SHS Capital acquires majority stake in CAM Bioceramics
German healthcare specialist SHS Capital is investing in CAM Bioceramics to fuel growth
Kassel-based deep tech startup Twinsity bags €2.5m from EIC
Twinsity, a deep tech startup, has secured €2.5-million funding from the EIC.
Insight Partners announces $118m Fund II for 20/20 Vision Capital
Insight Partners, announced it has raised Insight Vision Capital II, L.P. (Fund II).
Cargo airline startup Ribbit signs $1.3m to test autonomous flights in Canada
Ribbit has signed a $1.3m to test autonomous flights across northern Canada.
Bain & Company to acquire APAC arm of global venture-building studio Rainmaking
Bain & Company to acquire Asia Pacific arm of global venture-building studio.
Notion Capital closes oversubscribed fifth fund at €300m
Notion Capital announced the final close of its new €300 million fund, Notion Capital V SCSp.
[Column] Paul Selibas: Embedded finance in the age of e-Commerce
The African online e-Commerce market has grown rapidly in recent years.
Seedstars launches FIWAM program to boost financial inclusion for women migrants
Seedstars has launched a program to promote financial inclusion for women.
EU-based fintech startup CAPEX.com expands into the Greek market
CAPEX.com announced its first M&A deal, the acquisition of WiredMarket.com.
SDX joins forces with CV VC to boost digital private equity in Switzerland
SDX has joined forces with CV VC to boost digital private equity in Switzerland.
LyondellBasell invests in Carbon Neutrality Venture Fund
Rotterdam-based LyondellBasell announced its investment in a new Carbon Neutrality Fund.
Yodaplus accelerates Indian startup boom with groundbreaking tech enablement
India is fast emerging as the Silicon Valley of Asia with its booming startup ecosystem.
VentureBlick secures $2.6m for first two startups, unveils incubator model for medtech innovation
VentureBlick announced the successful closure of its first two deals.
Generative AI for crypto startup SuperSight raises $1m pre-seed to build crypto-specific LLMs
SuperSight, a London-based Generative AI startup, raises $1m pre-seed round.
NEU Battery Materials concludes $3.7m seed funding round
NEU Battery Materials, a Singapore-based lithium-ion battery recycling startup, has raised $3.7m seed funding round.
Empowering Africa's socio-economic landscape through innovative solutions, Plug and Play
Innovation is critical in shaping the future of Africa’s growth.
[Column] Zafir Junaid: Bridging the AI skills gap in Africa
As we navigate the contours of the 4IR, powered by AI, it is becoming increasingly evident that Africa has a critical role to play.
Kenyan e-Health startup MYDAWA raises $20m funding from Alta Semper Capital
MYDAWA has received $20m capital injection from private equity investor.
Blueprint raises $9m to help mental health clinicians deliver quality care in less time
Blueprint, the platform helping mental health clinicians, announced its $9m Series A
Maza raises $8m to provide U.S. immigrants with financial identities
Financial platform Maza, announced a $8 million seed round led by Andreessen Horowitz.
Exeliom Biosciences closes its Series A funding at €24 million
Paris-based Exeliom Biosciences announced the completion of its €24 million Series A funding.
Camena Bioscience close $10 Series A financing as demand for DNA synthesis technology increases
Camena announced it has closed a $10m Series A financing round.
New PitchBook survey finds majority of venture capitalists have invested in AI
PitchBook has released findings from a new survey in partnership with Collision.
gigaroo raises $2.5m in pre-seed funding to revolutionize GenZ financial stability
gigaroo announced it has successfully raised $2.5 million in pre-seed funding.
Aigen unveils world's first AI-driven, solar-powered, agricultural robotics platform
Agritech startup Aigen, unveiled an autonomous, scalable robotics platform.
STIHL EA to invest Sh100 million to boost local manufacturing
Power tools manufacturer STIHL East Africa has announced it will invest Sh100 million in local accessories manufacturing every year as it seeks to localise its product development in the region.
[Column] Hardeep Sound: Close the tech skills gap to unlock East Africa’s economic growth
Is a lack of tech skills hampering East Africa’s economic growth? The World Bank data suggests that the digital economy contributes more than 15% of total global GDP.
African fintech Flutterwave secures two additional licenses in Rwanda
Flutterwave, Africa's payments technology company, has announced that it has received its Electronic Money Issuer and Remittance Licenses from the National Bank of Rwanda.
EG Capital announces anchor closing of its maiden fund to invest in startups across East Africa and Zambia
EG Capital, a growth-oriented private equity impact firm has announced the anchor closing of its first EG-Economic Empowerment Fund LP (EG-EEF), which will invest in medium-sized businesses.
African tech startup SeamlessHR picks Nairobi as its East African Hub
Nigeria’s tech startup SeamlessHR has launched its offices in the Kenyan market, choosing Nairobi as its East African Hub.
Nigerian fintech startup Pivo raises $2m seed round to accelerate growth
Nigerian fintech startup Pivo, announced the closing of $2 million seed round with participation from Precursor Ventures, Vested World, Y Combinator, FoundersX and existing investor, Mercy Corp Ventures.
Tanzanian CPG startup Ramani raises $32m to digitize supply chains
Ramani, a Tanzanian startup focused on consumer-packaged goods (CPG) supply chains, has raised $32 million in Series A debt-equity funding to introduce new financial services as it expands its operations.
Kenyan fintech startup Tanda announces agency banking entry in Uganda, Rwanda, Tanzania
Kenyan fintech startup Tanda announced plans for agency banking entry in Uganda, Rwanda, Tanzania to accelerate growth within the East African markets.
Project points East African women livestock holders to cost effective vaccines
To address these barriers faced by women in East Africa, and generate new evidence on how they can better benefit and participate in these systems, SheVax+ – a regional livestock vaccine initiative – was launched in 2019.
Ugandan agritech startup Inputi receives investment to boost inputs distribution
Ugandan agritech startup Inputi announced it received an investment funding to boost inputs distribution across the country.
Ugandan fintech startup Tugende raises $10m pre-Series B funding to increase portfolio growth
Tugende, the innovative fintech platform for MSME credit and asset-financing in East Africa, closed in Q2 pre-Series B equity funding from existing shareholders led by Partech and two new investors, including Women’s World Banking.
German manufacturer The Stihl Group enters Kenyan market
The subsidiary dubbed Stihl East Africa will be its Eastern Africa hub servicing countries that include Kenya, Uganda, Tanzania, DRC, Rwanda, and Burundi among others.
Kenyan-based startup FaidiHR secures funding, eyes expansion
The startup, which offers digital human resource solutions to African companies, said they would use the investment to expand their business in East Africa, eyeing entry into Uganda, Tanzania and DRC.
Ugandan fintech platform Tugende closes pre-Series B investment round to accelerate growth
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.
Nigerian fintech startup Grey partners with Cellulant for East Africa expansion
Nigerian fintech startup Grey, announced the launch of its service to East Africa starting with Kenya in partnership with payments company, Cellulant.
Microsoft launches accelerator program for East and West African startups
Microsoft has announced a new partnership with GreenHouse Labs to facilitate the acceleration of African startups that are at the pre-series A stage.
On-demand transport platform Bolt launches 2nd edition of its Women in Tech internship program in Kenya
On-demand transport platform Bolt announced it has rolled out the second edition of its Women in Tech internship program in Kenya.
Uganda is the happiest country in East Africa, Happiness Index
Uganda topped the position as the happiest country in the East African Region while Tanzania dropped further to position 139 compared to position 94 the previous year.
Kenyan retail tech startup MarketForce raises $40m Series A to scale up super app for Africa’s informal merchants
MarketForce, the Nairobi-headquartered B2B platform for retail distribution of consumer goods and digital financial services in Africa, announced the closing of a $40 million Series A round.
Kenyan BNPL startup Lipa Later secures $12m funding to expand across Africa
Lipa Later, one of it’s kind buy-now-pay-later (BNPL) company operating in Kenya, Rwanda, Uganda and Nigeria, has raised $12 million from a consortium of investors.
AUDA-NEPAD, JICA, Afreximbank & BCG partner to support 5 East African healthcare startups
The 5 healthcare startups were feted for their completion of the Home Grown Solutions (HGS) Accelerator for Pandemic Resilience.
Kenyan-based Penda Health partners with femtech e-Commerce startup Kasha to ease contraceptive access for consumers
Healthcare solution provider Penda Health announced a partnership with Rwandan femtech e-Commerce startup Kasha, to enable increase access to contraceptive products via the Kasha digital platform.
Kenyan fintech startup Asilimia raises $2 million funding to expand into new markets
The startup raised $1 million in pre-seed funding from a wide range of investors, including two-time unicorn founder, Fredrik Jung Abbou (co-founder of Kry and Lendo), Norrsken Impact Accelerator and other prominent founders from across Europe.
Toronto-based mobility startup Treepz expands to East Africa, acquires Uganda's Ugabus
In a bid to digitize the public transportation system and provide safer, reliable and comfortable commute options across Africa, Toronto-based shared mobility company Treepz, announced its acquisition of a similar Ugandan bus company Ugabus.
Kenyan gaming startup Usiku Games develops Africa’s first mobile football game
Kenyan gaming startup Usiku Games unveiled an amateur football mobile game to promote outdoor physical activities and encourage sportsmanship among youths in East Africa.
DFC invests $1m in femtech e-commerce startup Kasha Global to support women’s health in East Africa
The U.S. International Development Finance Corporation (DFC), disbursed a $1 million equity investment in Kasha Global, an e-commerce company that provides women’s health and personal care products to customers in Rwanda and Kenya.
Kenyan logistics startup Amitruck secures pre-seed funding for expansion across East Africa
Kenyan trucking logistics marketplace startup Amitruck secured an undisclosed investment led by US-based Dynamo Ventures with participation from Plug and Play Ventures and a collection of strategic angel investors.
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here