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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3759224 | Tags:

Cyble secures $24m Series B funding to advance AI-powered threat intelligence solutions
Published: 02-08-2023 | 11:05:00 | By: Pie Kamau
Cyble announced a $24m injection of capital through Series B funding. 


DBtune secures €2.4m seed funding to revolutionize AI-based database optimization
Published: 31-07-2023 | 17:04:00 | By: Pie Kamau
DBtune has successfully closed €2.4 million seed funding round led by 42Cap


Blackbaud invests in generative AI startup Momentum for social impact
Published: 31-07-2023 | 16:35:00 | By: Pie Kamau
Blackbaud announced a strategic investment in Momentum.


Molten Ventures leads €5m round in Oliva to expand workplace mental health support
Published: 31-07-2023 | 13:05:00 | By: Pie Kamau
Molten Ventures has led €5 million round in Oliva.


[Column] Hani Raad: Dedication, innovation, and education - the recipe for Africa’s digital prosperity
Published: 31-07-2023 | 12:32:00 | By: Pie Kamau
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
Published: 31-07-2023 | 12:21:00 | By: Pie Kamau
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
Published: 28-07-2023 | 10:12:00 | By: Pie Kamau
Beeyond Media announced the close of $10 million seed round


Pulsr launches Web3's first AI search engine for NFTs
Published: 28-07-2023 | 09:52:00 | By: Pie Kamau
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
Published: 28-07-2023 | 09:32:00 | By: Pie Kamau
SatSure announced partnership with Rabo.


ev.energy secures $33m funding to drive electric vehicle-grid integration in North America and Europe
Published: 28-07-2023 | 09:14:00 | By: Pie Kamau
ev.energy announced its $33m Series B raise.


California startup Space Campers reveals cutting-edge prototype for Tesla Cybertruck
Published: 28-07-2023 | 08:53:00 | By: Pie Kamau
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
Published: 27-07-2023 | 14:05:00 | By: Pie Kamau
QuoIntelligence announced a €5m seed financing round.


Very Good Ventures expands Series A with $3.4m from Celesta Capital
Published: 27-07-2023 | 13:32:00 | By: Pie Kamau
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
Published: 27-07-2023 | 13:00:00 | By: Pie Kamau
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
Published: 27-07-2023 | 12:45:00 | By: Pie Kamau
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
Published: 27-07-2023 | 10:47:00 | By: Pie Kamau
TDK Ventures has invested in the Industry 5.0 - focused startup Infinite Uptime.


Mobilo secures $4.1m in seed funding to revolutionize business networking
Published: 26-07-2023 | 12:54:00 | By: Pie Kamau
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
Published: 26-07-2023 | 12:32:00 | By: Pie Kamau
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
Published: 26-07-2023 | 11:12:00 | By: Pie Kamau
Frigade announced it has raised $3m in seed round of funding


New startup XIM establishes Nutri-Tech as an emerging category
Published: 26-07-2023 | 10:51:00 | By: Pie Kamau
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
Published: 26-07-2023 | 10:25:00 | By: Pie Kamau
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
Published: 25-07-2023 | 11:58:00 | By: Pie Kamau
inploi, the talent attraction technology scaleup, has raised £1.35 million round.


Bion initiates startup of livestock waste treatment technology demonstration project
Published: 25-07-2023 | 11:42:00 | By: Pie Kamau
Bion Environmental Technologies has initiated integrated system startup.


NEOM joins Startup Creasphere's program powered by Plug and Play Munich
Published: 25-07-2023 | 11:25:00 | By: Pie Kamau
Startup Creasphere has announced new partnership with NEOM.


[Column] Nchaupe Khaole: Unlocking South Africa's technology investment potential
Published: 25-07-2023 | 10:06:00 | By: Pie Kamau
Technology enabled businesses and the solutions they develop represent growth.


Kenyan healthtech startup Zuri Health raises undisclosed funding from Five35 Ventures
Published: 25-07-2023 | 09:52:00 | By: Pie Kamau
Kenyan healthtech startup Zuri Health has raised an undisclosed amount of funding.


Carbon neutral startups are the key to our future, Plug and Play
Published: 21-07-2023 | 15:30:00 | By: Pie Kamau
The escalating impact of climate change has highlighted the importance of confronting greenhouse gas.


Visa opens applications for its Africa Fintech Accelerator Program
Published: 21-07-2023 | 15:16:00 | By: Pie Kamau
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
Published: 21-07-2023 | 14:35:00 | By: Pie Kamau
Prime Coalition and Azolla Ventures have announced a $239 million blended fund.


Israeli social commerce startup Terrific completes its seed round of financing
Published: 21-07-2023 | 13:07:00 | By: Pie Kamau
Israeli social commerce startup Terrific has completed its seed round of financing.


Climate-tech startup Aeroseal secures $67m Series B funding
Published: 21-07-2023 | 12:39:00 | By: Pie Kamau
Aeroseal has announced the successful completion of a $67 million Series B funding round.


Swiss fintech startup Numarics raises €10.2m seed round
Published: 20-07-2023 | 14:58:00 | By: Pie Kamau
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
Published: 20-07-2023 | 14:35:00 | By: Pie Kamau
Developer marketplace platform Deazy has appointed Laura Wall as Head of Marketing.


London-based IoT SaaS startup Thingtrax raises £4.3m to fuel expansion
Published: 20-07-2023 | 14:14:00 | By: Pie Kamau
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
Published: 20-07-2023 | 13:52:00 | By: Pie Kamau
Salve FH has selected Finastra Essence to reduce payment delays.


South Korean tech startup Wayne Hills produces sci-fi film using generative AI
Published: 20-07-2023 | 13:23:00 | By: Pie Kamau
Tech startup Wayne Hills has kicked off producing sci-fi films using generative AI.


5 tips to improve small business productivity, Family Features
Published: 18-07-2023 | 11:47:00 | By: Pie Kamau
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
Published: 18-07-2023 | 11:05:00 | By: Pie Kamau
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
Published: 18-07-2023 | 10:16:00 | By: Pie Kamau
TLV Partners announced $1 billion in assets under management (AUM).


Fintech company Nav acquires startup Tillful to accelerate growth
Published: 18-07-2023 | 09:59:00 | By: Pie Kamau
Nav, the financial health platform for small businesses, announced its acquisition of Tillful.


Explainable-AI image recognition startup ZAC initiates medical imaging for pathology
Published: 18-07-2023 | 09:40:00 | By: Pie Kamau
ZAC will apply its Concept-Learning algorithms in medical imaging.


Medical device company OrganOx raises £25m to transform organ transplantation practices
Published: 17-07-2023 | 12:30:00 | By: Pie Kamau
OrganOx has raised £25m in a growth round led by Lauxera Capital Partners.


Primal launches new social network for digital freedom
Published: 17-07-2023 | 12:06:00 | By: Pie Kamau
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
Published: 17-07-2023 | 11:30:00 | By: Pie Kamau
Cybersecurity be boosted by building a strong cyber risk profile.


Startupbootcamp AfriTech opens cohort 4 of its ASIP accelerator program
Published: 17-07-2023 | 10:24:00 | By: Pie Kamau
Startupbootcamp AfriTech has opened applications its ASIP accelerator program.


Lightspeed leads Zluri’s $20m funding round as SaaS management platform takes off
Published: 17-07-2023 | 09:34:00 | By: Pie Kamau
SaaS operations(SaaSOps) platform Zluri, announced a $20m funding round.


Belgian agritech startup Aphea.bio raises €70m to accelerate growth
Published: 14-07-2023 | 16:17:00 | By: Pie Kamau
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
Published: 14-07-2023 | 15:33:00 | By: Pie Kamau
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
Published: 14-07-2023 | 15:26:00 | By: Pie Kamau
More consumers are taking a closer look at their connectivity requirements.


Microsoft selects LexCheck for its Startups Pegasus Program
Published: 14-07-2023 | 15:17:00 | By: Pie Kamau
LexCheck has been selected for the Microsoft for Startups Pegasus Program.


Belgian fund manager Amavi Captial acquires Sweden’s SF Ventures, increases proptech portfolio
Published: 13-07-2023 | 12:23:00 | By: Pie Kamau
Belgium-based AMAVI Capital has announced expansion into the Nordic region.


SineWave Ventures raises $160.3m to transform the enterprise tech market
Published: 13-07-2023 | 12:01:00 | By: Pie Kamau
SineWave Ventures announced the close of a $160.3 million Fund III raise.


Investing platform Public launches in the UK
Published: 13-07-2023 | 11:39:00 | By: Pie Kamau
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
Published: 13-07-2023 | 11:19:00 | By: Pie Kamau
Palantir Technologies and AirMatrix have partnered to accelerate drone operations.


Cyber security startup Entitle appoints Stephen Wadsworth as VP of Sales
Published: 13-07-2023 | 10:55:00 | By: Pie Kamau
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
Published: 12-07-2023 | 11:15:00 | By: Pie Kamau
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
Published: 12-07-2023 | 11:04:00 | By: Pie Kamau
Salonkee has raised €28m in growth capital.


Workforce management platform When I Work acquires fintech startup Lean Financial
Published: 12-07-2023 | 10:42:00 | By: Pie Kamau
When I Work announced its acquisition of fintech startup Lean Financial.


Blackbaud's accelerator program welcomes 10 startups building generative AI solutions
Published: 12-07-2023 | 10:30:00 | By: Pie Kamau
Blackbaud announced the newest cohort of its Social Good Startup Program.


Co-Created announces global expansion with launch of first Asia-Pacific office
Published: 12-07-2023 | 10:12:00 | By: Pie Kamau
Co-Created announced its next phase of strategic expansion.


Denver-based foodtech startup bitewell closes oversubscribed $4m seed round
Published: 10-07-2023 | 12:25:00 | By: Pie Kamau
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
Published: 10-07-2023 | 12:03:00 | By: Pie Kamau
Sub-Saharan Africa is at the forefront of innovations.


SuperScale raises $5.4m Series A to grow revenue for game developers and publishers
Published: 10-07-2023 | 11:32:00 | By: Pie Kamau
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
Published: 10-07-2023 | 11:09:00 | By: Pie Kamau
Kenyan agritech startup Kyosk, is expanding into the African fresh produce market.


Ayoba, Adanian Labs launch accelerator programme in Nigeria
Published: 10-07-2023 | 10:56:00 | By: Pie Kamau
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
Published: 10-07-2023 | 10:41:00 | By: Pie Kamau
Contoro Robotics announced it has raised $4.7 million in seed funding.


German healthcare investor SHS Capital acquires majority stake in CAM Bioceramics
Published: 07-07-2023 | 15:56:00 | By: Pie Kamau
German healthcare specialist SHS Capital is investing in CAM Bioceramics to fuel growth


Kassel-based deep tech startup Twinsity bags €2.5m from EIC
Published: 07-07-2023 | 15:22:00 | By: Pie Kamau
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
Published: 07-07-2023 | 14:50:00 | By: Pie Kamau
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
Published: 07-07-2023 | 14:31:00 | By: Pie Kamau
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
Published: 07-07-2023 | 13:58:00 | By: Pie Kamau
Bain & Company to acquire Asia Pacific arm of global venture-building studio.


Notion Capital closes oversubscribed fifth fund at €300m
Published: 06-07-2023 | 15:20:00 | By: Pie Kamau
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
Published: 06-07-2023 | 14:57:00 | By: Pie Kamau
The African online e-Commerce market has grown rapidly in recent years.


Seedstars launches FIWAM program to boost financial inclusion for women migrants
Published: 06-07-2023 | 14:42:00 | By: Pie Kamau
Seedstars has launched a program to promote financial inclusion for women.


EU-based fintech startup CAPEX.com expands into the Greek market
Published: 06-07-2023 | 14:29:00 | By: Pie Kamau
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
Published: 06-07-2023 | 14:06:00 | By: Pie Kamau
SDX has joined forces with CV VC to boost digital private equity in Switzerland.


LyondellBasell invests in Carbon Neutrality Venture Fund
Published: 05-07-2023 | 16:44:01 | By: Pie Kamau
Rotterdam-based LyondellBasell announced its investment in a new Carbon Neutrality Fund.


Yodaplus accelerates Indian startup boom with groundbreaking tech enablement
Published: 05-07-2023 | 16:19:00 | By: Pie Kamau
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
Published: 05-07-2023 | 16:02:00 | By: Pie Kamau
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
Published: 05-07-2023 | 15:47:00 | By: Pie Kamau
SuperSight, a London-based Generative AI startup, raises $1m pre-seed round.


NEU Battery Materials concludes $3.7m seed funding round
Published: 05-07-2023 | 15:24:00 | By: Pie Kamau
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
Published: 04-07-2023 | 14:16:00 | By: Pie Kamau
Innovation is critical in shaping the future of Africa’s growth.


[Column] Zafir Junaid: Bridging the AI skills gap in Africa
Published: 04-07-2023 | 13:57:00 | By: Pie Kamau
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
Published: 04-07-2023 | 13:15:00 | By: Pie Kamau
MYDAWA has received $20m capital injection from private equity investor.


Blueprint raises $9m to help mental health clinicians deliver quality care in less time
Published: 04-07-2023 | 13:01:00 | By: Pie Kamau
Blueprint, the platform helping mental health clinicians, announced its $9m Series A


Maza raises $8m to provide U.S. immigrants with financial identities
Published: 04-07-2023 | 12:32:00 | By: Pie Kamau
Financial platform Maza, announced a $8 million seed round led by Andreessen Horowitz.


Exeliom Biosciences closes its Series A funding at €24 million
Published: 03-07-2023 | 13:32:00 | By: Pie Kamau
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
Published: 03-07-2023 | 13:06:00 | By: Pie Kamau
Camena announced it has closed a $10m Series A financing round.


New PitchBook survey finds majority of venture capitalists have invested in AI
Published: 03-07-2023 | 11:47:00 | By: Pie Kamau
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
Published: 03-07-2023 | 11:14:00 | By: Pie Kamau
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
Published: 03-07-2023 | 11:00:00 | By: Pie Kamau
Agritech startup Aigen, unveiled an autonomous, scalable robotics platform.


Customer intelligence and marketing CRM platform Gameball raises $3.5m seed round for international expansion
Published: 17-02-2023 | 08:15:00 | By: Pie Kamau
Gameball, the all-in-one customer intelligence and marketing CRM platform for consumer brands, has announced the completion of a $3.5 million fundraise to accelerate its international expansion.


Nigerian fintech Flutterwave expands into North Africa with new Egypt payments licenses
Published: 10-02-2023 | 08:48:00 | By: Pie Kamau
Flutterwave, Africa's payments technology company, has announced that it has received its Payment Services Provider and Payments Facilitator licenses in Egypt.


Egyptian digital logistics startup Khazenly raises $2.5 million in seed funding to drive product development
Published: 15-06-2022 | 17:38:15 | By: Bob Koigi
Proceeds will be used to develop Khazenly’s products and services, and quadruple its existing facilities. Geographical expansion will also be supported as Khazenly continues its rapid growth trajectory during 2022.


IFC invests in Algebra Ventures to support Egyptian tech startups, drive innovation
Published: 21-04-2022 | 11:18:00 | By: Pie Kamau
To support tech startups with access to finance and drive innovation and job creation primarily in Egypt, IFC announced an investment in the second fund from venture capital firm Algebra Ventures.


Egyptian e-Sport startup Eksab raises $3m seed funding to scale its fantasy football platform
Published: 30-03-2022 | 10:41:00 | By: Pie Kamau
Cairo-headquartered e-Sport startup has raised $3 million seed funding round, bringing the company’s total investment to date to $3.7 million.


Healthtech startup Altibbi raises $44m to scale growth across the MENA region
Published: 29-03-2022 | 13:03:00 | By: Pie Kamau
Middle East’s AI-based digital health platform Altibbi, has raised $44 million in Series B fund funding led by Foundation Holdings, Hikma Ventures and existing investors Global Ventures and DASH Ventures.


MENA's c-Commerce startup Zbooni launches in Egypt
Published: 16-02-2022 | 09:59:00 | By: Pie Kamau
Zbooni, MENA's c-Commerce (connected commerce) platform, has announced its official launch in Egypt. The rapidly scaling startup, which is backed by regional and global investors, will support the backbone of the Egyptian economy.


Egyptian digital investment startup Thndr raises $20m to democratize investing in the MENA region
Published: 09-02-2022 | 11:58:00 | By: Pie Kamau
Thndr, the Egyptian digital investment platform, announced a new $20 million series A investment round co-led by Tiger Global, BECO Capital and Prosus Ventures.


Asia's banking infrastructure startup M2P Fintech raises $56m to accelerate global expansion
Published: 25-01-2022 | 15:31:00 | By: Pie Kamau
M2P Fintech, Asia's financial Infrastructure company, announced a $56 million Series C1 raise led by New York-based global private equity and venture capital firm Insight Partners with participation from MUFG Innovation Partners.


Orange Ventures seed challenge opens applications for Egyptian fintech startups
Published: 10-01-2022 | 13:25:00 | By: Pie Kamau
Orange Ventures has opened applications for its Seed Challenge that will see the VC form award one fintech startup from Egypt with $570,000 in funding.


Egyptian fintech startup Sympl raises $6 million to accelerate growth of its merchant network
Published: 10-12-2021 | 10:11:37 | By: Bob Koigi
Sympl will use the proceeds to accelerate the growth of its merchant network to serve multiple product and service categories across online and in-store merchants as well as improving the product offering to better serve the platform customers.


Egyptian fintech startup KlickIt closes first investment round to further develop its platform
Published: 06-12-2021 | 15:27:25 | By: Pie Kamau
Egyptian fees management and digital collection platform, KlickIt, announced the closing of its first investment round to further develop its platform. The round was led by EFG Finance and Camel Ventures, the venture capital arm of dfin Holdings.


Crypto Valley Venture Capital initiates investment strategy to build blockchain accelerator for African startups
Published: 18-11-2021 | 10:32:00 | By: Pie Kamau
African blockchain disruptors and early-stage startups have joined CV Labs Global Incubation Program Batch 03. The African contingent of incubatees is reflective of Crypto Valley Venture Capital’s (CV VC) global investment strategy.


Egyptian healthtech startup Sotech raises $1m in pre-seed funding to fuel growth
Published: 21-09-2021 | 08:43:00 | By: Pie Kamau
Sotech, an Egyptian e-health startup that specializes in smart IoT, trackable OOH advertising, and data gathering has raised $1 million in pre-seed funding round to scale its operations into the rest of the MENA region.


Egyptian B2B e-commerce startup MaxAB acquires distribution platform WaystoCap
Published: 25-08-2021 | 13:05:58 | By: Bob Koigi
MaxAB, Egyptian B2B e-commerce platform that serves food and grocery retailers, has acquired WaystoCap, the Morocco-based B2B e-commerce and distribution platform that connects retailers with suppliers across Africa.


Arab Bank launches its fintech accelerator program for startups in Egypt
Published: 24-08-2021 | 14:42:27 | By: Pie Kamau
Arab Bank launched its fintech-focused corporate accelerator program “AB Accelerator” in Egypt, following its successful launch in Jordan back in 2018.


Egyptian social e-Commerce startup Taager raises $6.4m seed round
Published: 20-07-2021 | 14:28:00 | By: Pie Kamau
Taager, an Egyptian social e-Commerce startup raised a $6.4 million seed funding round to help it scale its platform and expand across the Middle East.


Banque Misr partners with Microsoft to support fintech startups in Egypt
Published: 14-07-2021 | 12:11:00 | By: Pie Kamau
Banque Misr signed a Memorandum of Understanding (MoU), with Microsoft Egypt to launch the first open innovation program in the Egyptian market, enabling a spurt in fintech startup growth.


Early-stage investor DFS Lab announces fintech and digital economy design sprint for startups in Egypt
Published: 25-02-2021 | 09:09:00 | By: Pie Kamau
Early-stage investor DFS Lab announced it will facilitate a virtual design sprint in March 2021 for fintech startups in Egypt. The sprint is hosted by the Central Bank of Egypt, in collaboration with the Financial Regulatory Authority.


Egypt’s life science startup Nawah Scientific raises $1m round for market expansion
Published: 13-01-2021 | 08:22:00 | By: Pie Kamau
Egyptian life science startup Nawah Scientific announced the the closing a second pre-series A round of $1 million in mixed equity and debt capital, raising its total funding to $2 million.


Egyptian telemedicine startup Docspert Health secures funding round for geographical expansion
Published: 13-01-2021 | 08:03:00 | By: Pie Kamau
Docspert Health, a telemedicine startup with operations in the UK and Egypt, announced it has successfully closed Six-Figure USD investment in seed funding from Flat6Labs and a group of angel investors in the UK and USA.


ITIDA, AUC Venture Lab kick off Startup Launchpad to enrich Egyptian entrepreneurship ecosystem
Published: 25-11-2020 | 16:02:00 | By: Pie Kamau
ITIDA (IT Industry Development Agency) and AUC Venture Lab announced their collaboration on Startup Launchpad, a capacity-building program that empowers entrepreneurs as they launch their technology startups.


Ibnsina Pharma acquires 75% stake in Egyptian health and beauty products startup 3elagi
Published: 18-11-2020 | 10:25:12 | By: Pie Kamau
Ibnsina Pharma signed an agreement to acquire 75% stake in Egyptian health and beauty products startup 3elagi Tech, a platform that links pharmacies with patients to order medicines and cosmetics online.


Egyptian last-mile delivery startup dreevo launches operations with pre-seed funding from EF Logistics
Published: 14-10-2020 | 16:11:00 | By: Pie Kamau
Egyptian last-mile delivery focused startup dreevo raised a six figure US dollar in a bootstrap, pre-seed funding round from EF Logistics, a third party logistic services provider, to introduce agile and affordable technological solutions.


IFC helps boost clean tech startups in Egypt, enables farmers switch to solar
Published: 15-07-2020 | 12:41:00 | By: Pie Kamau
IFC is joining forces with the National Bank of Egypt and MSMEDA to strengthen the clean technology entrepreneurship sector and boost Egyptian farmers’ access to finance for solar irrigation.


Egypt fintech startup MoneyFellows nabs $4 million to drive financial inclusion
Published: 26-06-2020 | 13:18:00 | By: Bob Koigi
Egyptian fintech startup MoneyFellows has secured $4 million in Series A investment from venture capital firms Partech and Sawari Ventures.


Egypt startup Sakneen secures Y Combinator investment
Published: 23-06-2020 | 15:34:00 | By: Pie Kamau
Cairo based real estate startup Sakneen has been backed by Y Combinator in its mission to help homebuyers digitally search for and buy homes in Egypt.


[Startup Interview] Kareem Alkaseer, CEO, MentorLycon
Published: 11-02-2020 | 12:43:00 | By: Bas Vlugt
MentorLycon is a tech startup headquartered in Russia with an active presence in Egypt and expanding to other African countries. It has tapped into Artificial intelligence to provide businesses with bespoke and customer-centric IT solutions