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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3757510 | Tags:

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.


Manchester-based consumer insights startup Vypr raises additional £3.4m to scale its product intelligence platform
Published: 31-10-2022 | 11:17:00 | By: Pie Kamau
Fast-growing consumer insights business Vypr has received new investment of £3.4 million, at a significantly increased valuation on its last funding round in January 2021.


[Forum] Promoting investment flows from South Korea to Vietnam
Published: 31-10-2022 | 10:09:00 | By: Pie Kamau
South Korea has been, is, and will be the leading investor in Vietnam. The two parties can cooperate to achieve "Dual Goals" of US$100 billion in bilateral trade and total investment in the near future.


French cloud infrastructure startup Newboot completes first fundraising round to accelerate growth
Published: 31-10-2022 | 09:55:00 | By: Pie Kamau
Toulouse and Paris-based startup Newboot announced it has completed its first fundraising round with NOVA by Saint-Gobain and several Business Angels.


London-based Sidekick raises £3.33m pre-seed to build a modern investment manager for today’s changing world
Published: 31-10-2022 | 07:39:00 | By: Pie Kamau
Sidekick, a digital active investment manager built for today’s rapidly changing world, announced a £3.33 million pre-seed equity round led by Octopus Ventures.


GS1 Hong Kong unlocks the next generation of trade finance service for SMEs in China
Published: 31-10-2022 | 07:21:00 | By: Pie Kamau
GS1 Hong Kong (GS1 HK) announced it has welcomed the launch of Commercial Data Interchange (CDI) by the Hong Kong Monetary Authority (HKMA).


Dutch AI startup Axelera closes $27m Series A investment round to accelerate growth
Published: 28-10-2022 | 15:05:00 | By: Pie Kamau
European AI startup Axelera AI announced the closing of its $27 million Series A investment round to support its AI’s launch and mass production of its first-generation AI acceleration platform.


Caplight secures $3m investment from Deutsche Börse to expand derivatives trading and hedging on private company shares
Published: 28-10-2022 | 14:43:00 | By: Pie Kamau
Caplight Technologies announced it has secured a strategic investment from one of the leading global market infrastructure providers, Deutsche Börse Group, as well as other existing investors.


Georgia-Pacific, gener8tor welcome third cohort of startups to 1915 Studios gBETA accelerator program
Published: 28-10-2022 | 14:28:00 | By: Pie Kamau
Georgia-Pacific, in partnership with global venture firm and startup accelerator gener8tor, has kicked off its third 1915 Studios gBETA accelerator program.


Fintech emerging as Africa’s most vibrant sector, study
Published: 28-10-2022 | 13:42:00 | By: Pie Kamau
Fintech startups in Africa grew 81% in 2021, with South Africa, Nigeria, and Kenya emerging as key hubs on the continent, found a Mastercard study on the state of fintech in African markets.


Kenyan fintech startup Tanda announces agency banking entry in Uganda, Rwanda, Tanzania
Published: 28-10-2022 | 13:32:00 | By: Pie Kamau
Kenyan fintech startup Tanda announced plans for agency banking entry in Uganda, Rwanda, Tanzania to accelerate growth within the East African markets.


Tanzanian fintech startup NALA enables Google Pay payments from the US and UK into Africa
Published: 28-10-2022 | 13:22:00 | By: Pie Kamau
NALA, a Tanzanian fintech startup facilitating remittances from the African diaspora in the UK and US, has integrated Google Pay into its suite of payment options for users.


South African digital identity startup iiDENTIFii raises $15m growth capital to fuel expansion across Africa
Published: 27-10-2022 | 12:33:00 | By: Pie Kamau
Cape Town-based digital identity startup iiDENTIFii announced it has raised $15 million in growth capital to fuel its expansion across Africa.


Meet female scientists who develop cellular and gene therapies in China, Jiang and Zhang
Published: 27-10-2022 | 12:16:00 | By: Pie Kamau
Inside Namtai Inno Park in Guangming District hides a low-profile biomedical development firm; Shenzhen Wingor Biotechnology company.


Stone Ridge launches Wolf, a NYC startup accelerator dedicated to Lightning Network
Published: 27-10-2022 | 12:00:00 | By: Pie Kamau
Stone Ridge, a parent to bitcoin company NYDIG, announced the launch of In Wolf's Clothing (Wolf), the first-ever startup accelerator dedicated to Lightning, a "layer 2" protocol built on top of Bitcoin.


Israeli QuantHealth startup raises $2.6m seed round to provide comprehensive clinical trial simulation solution
Published: 27-10-2022 | 11:45:00 | By: Pie Kamau
QuantHealth, an AI-powered clinical trial design startup, announced its emergence from stealth, along with a $2.6 million seed financing round led by Shoni Top.


SwiftConnect closes $17m Series A financing to scale access control integration platform for hybrid workplaces
Published: 27-10-2022 | 11:34:00 | By: Pie Kamau
SwiftConnect, a software platform provider that enables flexible work by connecting the right people to the right space at the right time, announced it has closed $17 million Series A round of financing.


Danish blockchain startup Drivn enables users earn an income while saving the planet
Published: 27-10-2022 | 11:23:00 | By: Pie Kamau
Drivn, the brainchild of three Danish founders, aims to change the world's travel behavior towards a more sustainable future.


Nashville-based advanced radio technology startup Xtremis announces move to West Virginia
Published: 27-10-2022 | 11:15:00 | By: Pie Kamau
Xtremis, a Nashville-based startup developing advanced, Artificial Intelligence control systems that improve the performance of wireless networks in congested RF environments, announced its intention to relocate to Morgantown, WV.


German biotech startup Mogling Bio completes first seed investment round from Kizoo
Published: 26-10-2022 | 11:28:00 | By: Pie Kamau
Mogling Bio, a German biotech startup, announced it has successfully completed its first seed investment round from sole investor venture capital firm Kizoo Technology Capital.


Swedish startup Grafbase raises $5m seed funding to build the data platform of the future
Published: 26-10-2022 | 11:06:00 | By: Pie Kamau
Grafbase, the data platform for developers, announced it has raised fresh $5 million seed funding round, bringing $7.3 million in total funding.


British fashion startup LØCI raises £4m seed round to disrupt the fashion industry
Published: 26-10-2022 | 10:46:00 | By: Pie Kamau
15-month-old British fashion brand LØCI announced a £4 million seed round, as well as an investment from actor and environmentalist Leonardo DiCaprio to further its impact-driven mission of redefining the sector.


Baukunst raises $100m fund to lead pre-seed investments in companies at the frontiers of technology and design
Published: 26-10-2022 | 10:22:00 | By: Pie Kamau
Baukunst, the collective of creative technologists advancing the art of building companies at the frontiers of technology and design, announced it has raised a $100 million Fund I.


Finnish hospitality tech startup Bob W raises 21€m Series A funding round to accelerate growth
Published: 25-10-2022 | 14:26:00 | By: Pie Kamau
Tech-driven hospitality provider, Bob W, the provider of smarter and more sustainable alternative to hotels and short-stay rentals, has secured €21 million in series A funding, led by IDC Ventures.


Nigerian social commerce startup Bumpa raises $4m seed funding to build the future of commerce for African sellers
Published: 25-10-2022 | 14:07:00 | By: Pie Kamau
Nigerian social commerce startup Bumpa announced it has raised $4 million seed round led by Base10 Partners, the largest black-led fund in the world, with participation from Plug & Play Ventures.


BreadBot maker Wilkinson Baking Company raises $3m seed round to accelerate growth
Published: 25-10-2022 | 13:52:00 | By: Pie Kamau
Wilkinson Baking Company (WBC), the creator of world's first fully-automated commercial bread baking robot, announced the close of its fully subscribed $3.0 million seed round.


Japanese startup SUN METALON raises $5.6m funding to democratize metal 3D manufacturing
Published: 25-10-2022 | 13:36:00 | By: Pie Kamau
SUN METALON, a Japanese startup developing a metal 3D printer, announced the procurement of $5.6 million in its pre-series A funding round.


Swedish tech startup Lurkit launches Creator Program, a gaming influencer marketing product
Published: 25-10-2022 | 13:14:00 | By: Pie Kamau
Swedish tech startup Lurkit announced it is taking its newest gaming influencer marketing product, 'Creator Program,' to the market.


Netmaker launches with $2.3m funding to fix cloud networking with WireGuard
Published: 25-10-2022 | 12:52:00 | By: Pie Kamau
Netmaker, a cloud networking startup, announced $2.3 million in funding to launch their "superhighway for secure cloud networks." The round was led by Lytical Ventures.


Reproductive tech startup Inti Labs sets sights on global infertility trend
Published: 24-10-2022 | 14:37:00 | By: Pie Kamau
Reproductive tech startup Inti Labs announced its official launch and ambitious long-term vision to overcome infertility. The company is focused on developing a range of first-in-class diagnostic tests for the in vitro fertilization (IVF) market.


Flourish Ventures launches Africa-focused pre-seed investment platform, Madica
Published: 24-10-2022 | 14:24:00 | By: Pie Kamau
Flourish Ventures, a global venture capital firm investing in mission-driven fintech entrepreneurs, announced the launch of affiliate Madica, a structured investment program for pre-seed stage technology companies in Africa.


Fintech startup Banyan raises $43m Series A to scale world's largest SKU data network
Published: 24-10-2022 | 14:10:00 | By: Pie Kamau
Banyan, the network for SKU data, announced it has raised $43 million Series A round led by Fin Capital and M13. The investment will accelerate Banyan's technology and infrastructure growth.


Wayfinder Biosciences startup raises $3.5m to program RNA
Published: 24-10-2022 | 13:22:00 | By: Pie Kamau
RNA design company Wayfinder Biosciences announced it has raised a $3.5 million series seed round led by Notation Capital and Divergent Capital to continue its groundbreaking work in the use of RNA as a detection and therapeutic platform.


Swiss NFT-based athlete investment startup FANtium raises €2m angel investment to democratize athlete financing
Published: 24-10-2022 | 12:04:00 | By: Pie Kamau
Swiss NFT-based athlete investment platform FANtium, announced a private pre-seed round of $2 million.


UK-based climate tech startup Levidian secures £12m investment from Baker Hughes to scale growth
Published: 21-10-2022 | 10:17:00 | By: Pie Kamau
US energy technology giant Baker Hughes has backed Levidian’s world-first decarbonisation technologies with a £12m investment at a £130m valuation, opening up global collaboration opportunities.


President Buhari signs Nigeria Startup Bill into law
Published: 21-10-2022 | 09:59:00 | By: Pie Kamau
Nigeria has become the latest country to pass a Startup Bill, giving a more formal approach to how the startup ecosystem is governed.


Biotech startup Hoxton Farms raises $22m Series A to cultivate animal fat in new pilot facility in London
Published: 21-10-2022 | 09:54:00 | By: Pie Kamau
London-based Hoxton Farms has announced a $22 million Series A round to build a pilot facility for producing cultivated fat: the missing ingredient necessary to make meat alternatives delicious, realistic and versatile.


LHoFT announces15 fintech startups selected for CATAPULT: Inclusion Africa 2022 program
Published: 21-10-2022 | 09:26:00 | By: Pie Kamau
LHoFT has announced the 15 fintech startups that have been selected to participate in the fifth edition of the CATAPULT: Inclusion Africa program. 


National Grid Partners invests $20m in startups to transform the grid
Published: 21-10-2022 | 09:19:00 | By: Pie Kamau
National Grid Partners (NGP) announced investments of $20 million across three startups to transform the way utilities and other enterprises manage vast physical infrastructure.


Nigerian mobility fintech Moove raises £15m financing facility to scale UK operations
Published: 21-10-2022 | 08:55:00 | By: Pie Kamau
Moove announced it has raised £15 million in financing from Emso Asset Management to scale up its UK operations following a successful launch in August.


[Startup Interview] Rupinder Pal Singh, CEO, Seasia Infotech, India
Published: 20-10-2022 | 10:31:21 | By: Bob Koigi
Seasia Infotech is an Indian-based company that offers digital solutions to businesses worldwide that help brands leverage design, development processes and software technologies with personalized customer experiences.


Wine cellaring startup InVintory closes first $1.5m fundraise led by its community of wine collectors
Published: 19-10-2022 | 12:29:00 | By: Pie Kamau
InVintory, a wine cellaring platform, announced it has closed a $1.5 million seed round, with a third of the investment contributed by its own users.


Greenlight Re Innovations announces investment in short-term rental insurance startup Safely
Published: 19-10-2022 | 12:19:00 | By: Pie Kamau
Greenlight Re Innovations (GRI), part of Greenlight Capital Re, has announced an investment in SafelyStay (Safely), the provider of short-term rental insurance.


Paris-based Aqemia raises €30m to scale its deep physics and AI enabled drug discovery pipeline
Published: 19-10-2022 | 11:50:00 | By: Pie Kamau
Paris-based Aqemia has raised €30 million in a Series A funding round led by Eurazeo and Bpifrance through its Large Venture fund, with the participation of Elaia its historic investor.


Worktech startup TaTiO raises $5.3m to enable understaffed companies access America's untapped workforce with AI
Published: 19-10-2022 | 11:26:00 | By: Pie Kamau
TaTiO, a future of work company that uses AI to help companies fill open positions with qualified workers, announced the completion of a $5.3 million seed round.


Insurtech Otonomi raises $3.4m to build a first-to-market blockchain-powered parametric cargo platform
Published: 19-10-2022 | 11:02:00 | By: Pie Kamau
Insurtech startup Otonomi announced it has closed a $3.4 million oversubscribed funding round, to build a first-to-market blockchain-powered parametric cargo platform.


VetsinTech announces winners of second annual tech startup pitch competition
Published: 19-10-2022 | 10:18:00 | By: Pie Kamau
VetsinTech, the national non-profit dedicated to supporting veterans through tech-based programs and opportunities in education, employment, and entrepreneurship, announced the top winners of its second annual tech startup pitch competition.


UK-based spaceflight startup Orbex secures £40.4m Series C funding to scale up its resources
Published: 18-10-2022 | 16:15:00 | By: Pie Kamau
UK-based spaceflight company Orbex has secured £40.4 million for its Series C funding round, led by a new investor, the Scottish National Investment Bank.


Spring Health startup partners with Moda Health to deliver measurement-based mental health care
Published: 18-10-2022 | 15:49:00 | By: Pie Kamau
Spring Health announced its agreement with Moda Health to deliver measurement-based mental health care to select employer groups through Moda's innovative Behavioral Health 360 platform.


Brex partners with AngelList to help Founders better manage and grow startups
Published: 18-10-2022 | 15:28:00 | By: Pie Kamau
Brex announced its partnership with AngelList to help founders effortlessly manage their corporate card and spend within AngelList Stack - a suite of tools that allows founders to manage their company's incorporation.


Sierra Ventures appoints Anne Gherini as Chief Marketing Officer to accelerate firm's growth
Published: 18-10-2022 | 15:14:00 | By: Pie Kamau
Sierra Ventures, an early-stage venture capital firm investing in core enterprise and next-gen technologies, announced that Anne Gherini has joined the firm as Chief Marketing Officer.


Easop launches out of stealth with $2.5m seed funding to unleash full power of equity
Published: 18-10-2022 | 14:35:00 | By: Pie Kamau
Easop announced it has officially launched and raised $2.5 million in seed funding to pursue its mission of making team ownership plans accessible to every private company in the world.


London-based private equity platform Lightrock closes inaugural Climate Impact Fund at €860m
Published: 17-10-2022 | 16:36:00 | By: Pie Kamau
Lightrock, a global private equity platform that backs purpose-driven entrepreneurs tackling the world’s biggest challenges, has closed its inaugural Lightrock Climate Impact Fund (“LCIF” or “the Fund”) with commitments of €860 million.


Amsterdam-based Fastned receives €75m investment from Schroders Capital accelerate future growth
Published: 17-10-2022 | 15:45:00 | By: Pie Kamau
Fastned, the European fast charging company, announced a €75 million private placement of 2,032,520 new depositary receipts representing the same number of new ordinary shares in the capital of the Company with Schroders Capital.


Kenyan home furniture startup MoKo raises $6m to accelerate growth
Published: 17-10-2022 | 15:26:00 | By: Pie Kamau
Kenyan home furniture startup MoKo announced it raised $6.5 million in a Series B funding round, which is a combination of debt and equity.


BDev Ventures invests in B2B adtech startup Nickelytics to accelerate growth
Published: 17-10-2022 | 13:46:00 | By: Pie Kamau
 BDev Ventures announced a partnership with Nickelytics, a Techstars ‘20-backed B2B adtech startup that allows brands to launch hyperlocal out-of-home advertising campaigns.


Mobile banking fintech NorthOne raises $67m Series B funding to accelerate growth across small business communities
Published: 17-10-2022 | 13:30:00 | By: Pie Kamau
NorthOne announced it has raised $67 million in Series B funding. With participation from new and existing investors, NorthOne is poised to further expand the reach of its business management platform.


Hardware-focused accelerator FP Solutions launches with $3m fundraising to develop the disruptive startup ecosystem
Published: 17-10-2022 | 11:20:00 | By: Pie Kamau
FP (First Principle) Solutions, a new hardware-focused accelerator, successfully launched and completed a $3 million seed round fundraising.


Belgian construction management startup Vertuoza raises €4m pre-Series A round to accelerate growth
Published: 14-10-2022 | 13:35:00 | By: Pie Kamau
Vertuoza, the Belgian construction management and monitoring software company for SMEs in the construction sector, announced a new €4 million pre-Series A round.


Mastercard Vice Chairman Gilberto Caldart joins climate impact venture capital firm Vidavo as Venture Partner
Published: 14-10-2022 | 12:55:19 | By: Pie Kamau
Vidavo Ventures announced that the top executive and one of the architects of Mastercard's international expansion and accelerated growth Gilberto Caldart, has joined the firm in the role of Venture Partner.


Ugandan agritech startup Inputi receives investment to boost inputs distribution
Published: 14-10-2022 | 12:41:00 | By: Pie Kamau
Ugandan agritech startup Inputi announced it received an investment funding to boost inputs distribution across the country.


Nigerian healthtech startup Lifestores raises $3m to expand its pharmaceutical marketplace
Published: 14-10-2022 | 12:27:00 | By: Pie Kamau
Nigerian healthtech startup Lifestores Healthcare has raised $3 million for expansion across the country in a pre-Series A funding round.


36 African tech startups selected for MEST Africa Challenge 2022
Published: 14-10-2022 | 12:09:00 | By: Pie Kamau
MEST Africa has announced the 36 technology startups from 5 African countries that have been selected for the regional pitch competition stage of the 2022 MEST Africa Challenge. 


Nigerian data and intelligence startup Stears raises $3.3m to solve Africa’s data dearth
Published: 14-10-2022 | 12:00:00 | By: Pie Kamau
Nigerian data and intelligence company, Stears has raised $3.3 million to enhance its data collection and analytics capabilities, acquire talent and expand into East and Southern Africa.


Ugandan fintech startup Tugende raises $10m pre-Series B funding to increase portfolio growth
Published: 14-10-2022 | 11:35:00 | By: Pie Kamau
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.


BNP Paribas acquires London’s currency management automation fintech Kantox
Published: 12-10-2022 | 14:52:00 | By: Pie Kamau
BNP Paribas announced the signature of an agreement for the acquisition of Kantox, a fintech for the automation of currency risk management.


Cryptocurrency startup Zerion closes $12m Series B funding to build the best wallet for Web3 citizens
Published: 12-10-2022 | 14:38:00 | By: Pie Kamau
Zerion, the wallet for the most active web3 users, announced the closing of a $12.3 million Series B funding round led by Wintermute Ventures.


Barcelona's human resources startup Factorial becomes a Unicorn after $120m Series C investment round
Published: 12-10-2022 | 14:14:00 | By: Pie Kamau
Barcelona-based human resources startup Factorial is now the newest European Unicorn after closing a Series C investment round of $120 million with a valuation of $1 billion.


Logistics Startup Nuvocargo appoints Nicholas Simmons as Head of Engineering to accelerate company's growth
Published: 12-10-2022 | 13:40:00 | By: Pie Kamau
Nuvocargo has appointed former Shopify executive Nicholas Simmons as Head of Engineering to continue to develop the Nuvocargo platform and expand the company’s world-class engineering team.


Amsterdam-based HolidayHero closes €500k pre-seed round to enhance guest experiences in the travel industry
Published: 12-10-2022 | 13:07:00 | By: Pie Kamau
HolidayHero announced a successful closing of €500,000 pre-seed funding round to kick off its vision of delivering proactive and personalized guest experiences in the travel industry.


Climate infrastructure startup EcoCart raises $14.5m Series A to accelerate sustainable e-Commerce
Published: 11-10-2022 | 14:39:00 | By: Pie Kamau
EcoCart, a software company building the infrastructure for e-Commerce companies to operate sustainably at scale, has raised a $14.5 million Series A round.


Software firm Aptean secures growth investment to accelerate innovation and global expansion
Published: 11-10-2022 | 14:18:00 | By: Pie Kamau
Aptean announced that a definitive agreement has been signed through which it will receive a strategic investment from Insight Partners and existing investor TA Associates (TA).


Paris-based cultivated meat startup Gourmey raises €48m Series A funding to accelerate growth
Published: 11-10-2022 | 14:04:00 | By: Pie Kamau
French cultivated meat startup Gourmey, that was part of the Big Idea Ventures program’s first cohort, has raised an oversubscribed €48 million Series A.


CrowdStreet raises $43m to fund growth, accelerate demand for online real estate investing
Published: 11-10-2022 | 13:06:00 | By: Pie Kamau
CrowdStreet, an online real estate investing platform, announced it has raised $43 million in equity and debt capital to help fund the company's growth and make the market for online real estate investing.


Novo Seeds portfolio company NMD Pharma reports positive top-line Phase I/IIa data in myasthenia gravis
Published: 11-10-2022 | 12:46:12 | By: Pie Kamau
Novo Holdings announced that its portfolio company NMD Pharma, reported positive top-line results from a Phase I/IIa clinical trial for its lead asset, NMD670.


Dutch-based Hyperion Lab’s third cohort startups set to improve the world with sustainable AI
Published: 10-10-2022 | 14:21:00 | By: Pie Kamau
Hyperion Lab kicked off its third cohort of the Amsterdam AI innovation program and eight new startups (seven of which are Dutch) want to improve the world with AI.


Online dating startup for Black women CarpeDM closes $1m oversubscribed pre-seed round
Published: 10-10-2022 | 14:00:00 | By: Pie Kamau
CarpeDM, a Techstars portfolio company, announced the closing of its oversubscribed pre-seed financing round bringing total capital raised by the early stage startup to $1.054 million.


GridBeyond secures €6m investment from UK's Claret Capital to support smart energy expansion
Published: 10-10-2022 | 13:50:00 | By: Pie Kamau
GridBeyond, the pioneer in intelligent energy technology, has agreed a debt financing facility of €6 million led by Claret Capital, to support the Irish headquartered company’s continued internationalisation plans. 


Austin, TX-based startup PetPair secures $1.2m pre-seed round to scale pet adoption marketplace
Published: 10-10-2022 | 13:17:00 | By: Pie Kamau
PetPair, an Austin, TX-based foster-powered pet adoption marketplace, announced it has closed a $1.1 million pre-seed round for a total of $1.2 million raised to date.


Żabka Group, Kozminski Business Hub launch second edition of acceleration programme for Polish environmental startups
Published: 10-10-2022 | 12:59:00 | By: Pie Kamau
Żabka Group in collaboration with Kozminski Business Hub, a Kozminski University organisation which seeks and supports startups, is launching the second edition of the acceleration programme.


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