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RevRoad Capital raises $61m to scale early stage startups in Utah
RevRoad Capital announced a $61 million final close of its first fund.
Insurtech startup QuoteWell comes out of stealth, raises $15m Series A funding round
QuoteWell has announced the launch of its brokerage operations.
xtype secures $10.8m funding to amplify its impact in the ServiceNow market amidst soaring demand
xtype, the agile software delivery company, has secured $10.8m additional funding.
Quantum Systems secures €63.6m to bolster European resilience through aerial intelligence
Quantum Systems has announced the completion of €63.6m Series B funding.
Dublin-based Kota raises €5m to enable employers to cover employees’ benefits
Kota, an all-in-one platform to automate insurance, has raised €5m seed round.
Circu Li-ion receives €8.5m seed funding to automate sustainable battery recycling
Circu Li-ion has announced the closing of a €8.5m seed financing round.
Former JP Morgan exec Jeremy Balkin launches innovative payment solution TodayPay
TodayPay has emerged from stealth mode to unveil payment technology solution.
Cecilian Partners secures growth funding from Dallas-based VC firm Perot Jain
Cecilian Partners has secured growth capital from Dallas-based VC firm Perot Jain.
Estonian startup Bisly raises €3.6m for energy-saving building automation in EU
Bisly has closed a €3.6 million round of fundraising.
RespirAI partners with Mayo Clinic to develop AI respiratory platform
RespirAI Medical has entered into a collaboration with Mayo Clinic for developing a wearable AI-based home monitoring platform for respiratory diseases.
Mudrex launches Saber.Money to offer onramp and offramp services in India
Mudrex announced the launch of Saber.Money to offer services to B2B clients.
Roofing technology startup Roofr raises $23.5m to build end-to-end roofing software
Roofr, a roofing technology startup, has raised $23.5m in funding.
Paris-based startup Hivebrite secures $37m to expand global community engagement platform
Hivebrite has raised a $37m Series B funding round.
Stockholm-based climate fintech Cloover secures €7m for renewable energy solutions
Cloover has closed an oversubscribed €7 million pre-seed investment round.
Cerebrum Tech secures $1.8m investment to accelerate growth of Generative AI
Cerebrum Tech has secured an investment of $1.8m, valuing the company at $15m.
Cohere taps NetSuite to scale business processes, meet global AI demand
Cohere has selected NetSuite to support its mission to empower enterprises.
Open wealth platform Flanks secures $8m to disrupt the wealth management sector
Flanks, an API for automated wealth services, has secured $8m Series A round.
Reality Defender secures $15m Series A funding to detect text, video and image deepfakes
Reality Defender announced it has raised $15 million in Series A funding.
AI solutions provider Meeranda joins NVIDIA Inception
Meeranda, an AI solutions provider, announced it has joined the NVIDIA Inception.
HeartX Accelerator announces five startups selected for the 2023 program
HeartX has selected five startups that will participate in the 2023 accelerator program.
Edinburgh-based Par Equity launches £100m fund to scale high-growth tech companies
Par Equity has announced the launch of its new venture fund.
German insurtech Getsafe acquires French startup Luko to expand its European presence
Getsafe has entered into an agreement to acquire French insurtech Luko.
EIF and Swedish fintech Invoier boost European SMEs with €58m financing
EIF and Invoier have partnered to provide SMEs with better access to funding.
Trind invests in Spanish startup Webel to expand services marketplace
Webel, the app that brings any service to your doorstep, has raised €2.1m.
Kuramo Capital to invest $150m in women-led startups in Africa
Kuramo Capital Management has announced plans to invest $150m in female-led enterprises.
South African logistics startup Tripplo raises $1.8m funding to scale its operations
Tripplo has closed its seed funding extension round with $1.8m equity investment.
KindWorks.AI raises $1.5m funding to revolutionize workplace culture using proven power of Kindness
KindWorks.AI has closed an oversubscribed pre-seed round over $1.5m.
Mobility startup Treepz launches insurance program for car rentals in Africa
Treepz is introducing an insurance program for car rentals in Africa.
Finnish energy tech startup Capalo AI raises €500K to accelerate growth
Capalo AI has raised €500K funding to further develop its virtual power plant.
AWS and Immutable partner to supercharge mass adoption of Web3 gaming globally
Immutable will work with AWS to accelerate the on-boarding of game studios to Web3.
Film tech startup KINO Studios secures $2m to reshape the entertainment economics
KINO announced $2m oversubscribed pre-seed funding round.
Bedrock Energy raises $8.5m to decarbonize commercial real estate with geothermal energy
Bedrock Energy has announced $8.5 million in seed capital.
Sony launches Sony Innovation Fund Africa
Sony has launched ''Sony Innovation Fund: Africa" to support the growth of the entertainment businesses in Africa.
Intento secures $8m Series A funding to enhance multilingual GenAI capabilities
Intento announced a $8 million Series A funding round led by Somersault Ventures.
Aclid closes $3.3m seed funding to advance biosecurity and compliance
Aclid announced the closing of an oversubscribed seed financing of $3.3 million.
Swiss healthtech startup CARE appoints Kay Oswald as CEO for U.S. market expansion
CARE has appointed Kay Oswald as the new CEO.
NVCA updates industry standard model legal documents to empower venture community
NVCA has announced significant updates to five of its premier model legal documents.
Workfully raises €1.2m seed round to build the most trusted recruiting experience
Workfully has raised €1.2m seed round to fuel its product growth and expand its team.
French insurtech startup Orus raises €11m funding to expand its services in Europe
French insurtech startup Orus has raised €11 million in Series A funding.
Shakti Ventures dives into femtech sector to elevate women's health
Shakti Ventures is on a mission to invest in revolutionary startups within the femtech industry.
Nebraska startup Dwellr raises $500K pre-seed round to transform the search for senior care
Dwellr has secured $500K in funding led by Move Venture Capital and Invest Nebraska.
Plug and Play announces final batch of startups selected for Silicon Valley programs
Plug and Play has announced the final batch of startups for its Silicon Valley programs.
[Column] Christopher Saul: Kenya’s AI revolution can happen with the IT you already have
AI is set to become the most prolific and impactful technology trend in the world.
Harpie launches Wallet Monitoring tool for crypto investors
Harpie has launched a Wallet Monitoring tool that provides real-time threat detection for crypto wallets.
E-commerce tech platform MarketLeap secures €2.6m to expand brands’ global reach and revenue
MarketLeap has secured €1.5m funding.
Relocalize raises $2.5m seed round to decarbonize food & beverage manufacturing
Relocalize has raised $2.5m in the initial closing of $3.5m seed round.
Vyzer secures $6.3m seed funding to transform wealth management with AI
Vyzer, a digital wealth management platform, has raised a seed round of $6.3m.
Lottie raises £16.35m to confront the social care crisis, elevate the standard of later living
London-based Lottie has raised £16.35m Series A funding round.
Vistry unveils conversational AI platform LumoChat for food commerce
Vistry has announced the launch of its Conversational AI platform, LumoChat.
Fintech startup CrossFund raises additional $1.5m in funding at $47m valuation
Singapore-based fintech startup CrossFund, has raised its fourth funding round.
Gebrüder Weiss provides zero-emission deliveries to end customers in Budapest
Gebrüder Weiss has started to provide zero-emission deliveries to end customers.
Aampe secures $7.5m to accelerate AI-driven customer engagement
Aampe the AI-native user engagement platform, announced a $7.5m pre-series A funding round.
Israeli precision irrigation management startup Treetoscope closes $7m seed round to fuel growth
Treetoscope has closed $7m seed round.
Plug and Play Alberta announces 73 startups for Fall cohort accelerator programs
Plug and Play Alberta has announced 73 startups for the Fall cohort.
Romanian AI startup Creatopy raises $10m to scale its creative automation platform
Creatopy, the AI-driven creative automation platform, has raised $10m Series A funding.
French SaaS firm scnd raises €4m to disrupt the sales of services
scnd, the trailblazing French SaaS solution, announced a €4m funding round backed by 42Cap and Partech.
Startup Wise Guys and EBRD launch Growth Ukraine programme
Startup Wise Guys announced the launch of Growth Ukraine programme.
BFA Global, FSD Africa and IUCN launch Africa Blue Wave to support tech startups
BFA Global, FSD Africa, and IUCN have launched the Africa Blue Wave.
Mews acquires hospitality startup Nomi to accelerate AI guest experiences
Mews has announced its acquisition of Nomi, a Nashville-based hospitality startup.
Canadian e-Commerce inventory platform Centro launches with $2m pre-seed funding round
e-Commerce inventory platform Centro, announced a $2m in pre-seed funding.
Cordis acquires medical device startup MedAlliance at $1.1 billion
Cordis has completed the acquisition of MedAlliance, a Swiss medical device startup.
Swedish fintech Brite Payments raises $60m to accelerate instant bank payments across Europe
Brite Payments has announced a $60m funding round.
Japanese semiconductor firm EdgeCortix closes $20m to accelerate AI capabilities
EdgeCortix announced the closing of a $20m funding round.
At One Ventures launches $375m climate tech fund
At One Ventures announced the close of a $375m second fund.
Insurtech startup Allium secures $750k funding to revolutionize insurance data analytics
Allium Data announced the close of $750k pre-seed funding round.
Epson opens call for third Innovation Challenge for startups and developers
Epson is expanding its third Innovation Challenge for developers and startups.
Copenhagen-based platform Marts secures €1.75m to launch the OS for IT management
Copenhagen-based IT management platform Marts, has secured €1.75m funding.
Stanley Capital Partners announces first resource efficiency investment with Roboyo
Stanley Capital Partners has announced a strategic investment in Roboyo.
London-based startup Unitary raises $15m for AI-driven content moderation
Unitary has raised $15m in a Series A round to scale its AI video classification technology.
Providence unveils its fourth incubated technology Praia Health
Providence announced that Praia Health is the next incubated technology.
Magnitude Digital launches grant program to offer growth marketing services to startups
Magnitude Digital is launching the Magnitude Digital Startup Grant.
Applied Ventures selects seven deeptech startups to transform disruptive possibilities into reality
Applied Ventures selected seven deeptech startups during its fourth cohort program.
Cardata raises $100m capital to accelerate growth in product innovation
Cardata has announced a new round of growth investment.
MeetingPackage raises $4.6m to boost European growth, forge into the North American market
MeetingPackage has secured a $4.6m Series A round.
CENTA platform crosses 1m, becomes world's largest community of teachers
Centre for Teacher Accreditation recently launched its enhanced native app, CENTA.
Prompt AI raises $5m seed funding to revolutionize computer vision
Prompt AI, a startup harnessing the power of large language models to democratize access to computer vision, raised $5m seed funding.
Customer intelligence and marketing CRM platform Gameball raises $3.5m seed round for international expansion
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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