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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3899242 | Tags:

Orange launches Social Venture Prize in Africa and the Middle East to encourage entrepreneurship
Published: 19-04-2024 | 17:05:11 | By: Bob Koigi
Since 2011, the OSVP prize has been rewarding innovative start-up projects that use and develop new technologies to make a positive impact in Africa and the Middle East




VC firm Golden Gate Ventures expands footprint into MENA region
Published: 12-01-2024 | 12:08:03 | By: Bob Koigi
Golden Gate Ventures, a venture capital fund founded by Silicon Valley natives, has announced the establishment of their first MENA office.




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.


Saudi Arabian HR tech startup Palm.hr raises $5m pre-Series A round to expand across the MENA region
Published: 13-02-2023 | 09:31:00 | By: Pie Kamau
Palm.hr, a Saudi Arabian HR firm that automates payroll, tracks leaves and absences and monitors employee performance, announced it has secured $5 million in a pre-Series A round.


Modus expands to Sub-Saharan Africa with launch of $75m Africa-focused fund
Published: 22-11-2022 | 10:11:00 | By: Pie Kamau
Modus, a Venture Platform operating in MENA comprising VC funds, Venture Builders, and a Corporate Innovation arm, has announced the launch of Modus Africa – a $75 million SDG-focused VC fund that will invest in Africa’s boldest startups.


UAE fintech startup Pemo launches all-in-one spend management platform for MENA SMEs
Published: 01-06-2022 | 10:32:24 | By: Pie Kamau
Pemo, the UAE-based fintech startup empowering businesses across the Middle East, North Africa and Pakistan (MENAP),has announced that it has launched its all-in-one spend management platform.


Healthtech startup Esaal raises $1.7m seed round to scale expansion across the MENA region
Published: 31-05-2022 | 11:18:00 | By: Pie Kamau
Esaal, an online health and wellness consultation platform for patients in the Middle East and North Africa (MENA), has wrapped a $1.7 million seed funding round, to scale its expansion across the MENA region.


CE-Creates merges with hatch & boost in MENA's first venture-builder merger for startups
Published: 11-05-2022 | 11:25:37 | By: Pie Kamau
CE-Creates, the business incubation platform of Crescent Enterprises, has completed the merger of its portfolio of startups with hatch & boost, an Abu Dhabi-based venture-builder dedicated to ‘hatching’ startup ideas.


Logistics startup Swvl acquires Volt Lines, enters European market
Published: 29-04-2022 | 13:57:00 | By: Pie Kamau
Swvl Holdings, a global provider of transformative tech-enabled mass transit solutions announced a definitive agreement to acquire Volt Lines, a Turkey-based B2B and Transport as a Service mobility business.


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.


Vehicle financing startup Moove partners with Swvl for EV buses across the MENAP region
Published: 30-03-2022 | 10:32:25 | By: Pie Kamau
Egypt’s on-demand bus-hailing company Swvl, announced a new partnership with African fintech mobility startup Moove to scale Moove’s revenue-based vehicle financing model across the MENAP region.


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.


Pakistani logistics startup Truck It In raises $13m seed round to transform the road freight industry
Published: 04-02-2022 | 11:24:00 | By: Pie Kamau
Pakistan’s logistics tech startup Truck It In closed $13 million seed round jointly led by venture capital firms Global Founders Capital and Fatima Gobi Ventures.


B2B marketplace startup Retailo raises $36m Series A funding to empower community commerce in the MENA region
Published: 01-02-2022 | 13:47:00 | By: Pie Kamau
Retailo, the B2B marketplace startup for retailers in Middle East, North Africa, and Pakistan (MENAP), has raised $36 million in its Series A investment round which was a mix of equity and venture debt.


IFC, ADGM launch She Wins Arabia initiative to boost opportunities for women-led startups and businesses across MENA
Published: 16-12-2021 | 10:56:00 | By: Pie Kamau
IFC and Abu Dhabi Global Market (ADGM) launched She Wins Arabia, an initiative to help women-led startups across the MENA region, get the advice, finance, and mentorship they need to grow.


MENA’s media & entertainment startup Minly acquires Dubai’s celebrity shoutout platform Oulo
Published: 08-12-2021 | 13:10:00 | By: Pie Kamau
Minly, the MENA region’s media & entertainment startup, announced the acquisition of Oulo, a Dubai-based celebrity shoutout platform focused on the Levant region.


French real-time engagement startup Sparkup expands in the Middle East
Published: 07-10-2021 | 12:59:47 | By: Pie Kamau
Sparkup, a French startup specializing in real-time engagement solutions, has chosen to expand in the Middle East and will introduce its latest innovations at GITEX and CABSAT in Dubai.


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.


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.


Healthtech startup BASMA.com raises $3m Series A round to scale up its platform in the MENA region
Published: 16-06-2021 | 10:42:00 | By: Pie Kamau
UK-based, MENA focused, startup BASMA.com closed $3 million Series A funding led by MEVP with the participation of SOSF, IM capital and returning investors iSME, Cedar Mundi Ventures and IFA capital, to scale up its healthtech platform in the MENA region.


Rgenta Therapeutics closes $18m seed extension round
Published: 28-05-2021 | 14:39:00 | By: Pie Kamau
Rgenta Therapeutics announced it closed a $18 million seed extension round and welcomed Lilly Asia Venture (LAV) and Vivo Capital as new investors to the syndicate.


Base10 Partners raises advancement initiative to grow HBCU endowments and catalyze wealth creation
Published: 28-05-2021 | 14:15:00 | By: Pie Kamau
Building on their VC Diversity Pledge, Base10 Partners announced the raise of a new $250 million fund with the mission of aligning the success of technology companies with wealth creation for underrepresented minorities.


South African biotech startup LifeQ secures $47m in Series A funding
Published: 28-05-2021 | 13:59:00 | By: Pie Kamau
South Africa and US-based biotech startup LifeQ secured $47 million in Series A funding from One Bio Venture Studio, a Cape Town-based VC and several other investors.


AI startup Bodbox's workout device goes global
Published: 28-05-2021 | 13:49:00 | By: Pie Kamau
AI startup company Bodbox officially opened doors to a limited pre-sale of its American made Mark3 to notable success, selling to everyone from national governing bodies of sport to NBA teams, and is slated for a September 2021 public release.


Networking startup Linq completes $2.5m seed round fundraise to accelerate growth
Published: 28-05-2021 | 13:34:00 | By: Pie Kamau
Linq, a networking tech startup, announced the successful completion of a $2.5 million seed round fundraise led by Mucker Capital. The investment will largely be used to grow the Linq team.


Manufacturing AI startup ExLattice joins NVIDIA Inception
Published: 26-05-2021 | 16:30:00 | By: Pie Kamau
ExLattice announced it has joined NVIDIA Inception, a program designed to nurture startups revolutionizing industries with advancements in AI and data sciences.


Aussie legaltech startup goes global wiith COVID-19 diagnosis tool
Published: 26-05-2021 | 16:15:00 | By: Pie Kamau
Australian legaltech startup Rulestar is demonstrating how its software, built to automate complex legal documents, can improve COVID-19 decision-making.


Mobility startup Beep secures $20m Series A investment for expansion
Published: 26-05-2021 | 16:03:00 | By: Pie Kamau
Beep, a provider of multi-passenger, electric, autonomous mobility solutions, announced today that it has recently closed the company's Series-A round with Intel Capital and Blue Lagoon Capital.


AI-driven SaaS startup Provus closes $1.16m in funding from angel investors
Published: 26-05-2021 | 15:52:00 | By: Pie Kamau
Provus Inc., a Services Configure Price Quote (CPQ) solution company, announced it has closed a $1.16 million in financing from a number of renowned angel investors.


Wearable devices for brain analysis startup MindPortal raises 5m seed round financing
Published: 25-05-2021 | 15:51:00 | By: Pie Kamau
MindPortal, the creators of the next personal computer that is a wearable non-invasive brain-computer interface, announced the completion of a $5 million seed round of financing.


Israeli healthcare startup Lydus Medical raises $2.7m in seed round funding
Published: 25-05-2021 | 15:22:00 | By: Pie Kamau
Lydus Medical, a portfolio company of Sanara Ventures, a JV of Teva and Philips and an anastomosis technology provider, announced $2.7 million in a Pre-A funding.


Predictive analytics startup Gridware raises $5.3m seed round to curb catastrophic wildfires
Published: 25-05-2021 | 15:06:00 | By: Pie Kamau
Predictive analytics startup Gridware announced a $5.3 million seed round investment co-led by Fifty Years and True Ventures, with participation from Y-Combinator.


Andrew Gilroy joins IGA startup SecurEnds as Director of Strategic Accounts
Published: 25-05-2021 | 14:43:00 | By: Pie Kamau
Andrew Gilroy joined IGA startup SecurEnds as the Director of Strategic Accounts. He brings over 10 years of startup sales experience and 7 years of Governance & Compliance specific expertise to his new role at SecurEnds.


South Korean AI startup Riiid raises $175m from SoftBank Vision Fund 2 to accelerate growth
Published: 25-05-2021 | 14:10:00 | By: Pie Kamau
Riiid Inc (Riiid), an AI education company and a member of Born2Global Centre, has raised $175 million investment from SoftBank Vision Fund 2.


Canadian startup OpenUnit closes $1m seed round for expansion
Published: 24-05-2021 | 14:55:00 | By: Pie Kamau
OpenUnit, a Y Combinator-backed all-in-one commerce platform for self-storage facilities, announced that it has raised a $1 million seed investment round with participation from luminaries in the real estate and technology industries.


Chinese AI robotics startup Mech-Mind completes Series C funding
Published: 24-05-2021 | 14:31:35 | By: Pie Kamau
Chinese AI industrial robotics startup, Mech-Mind Robotics (Mech-Mind), completed Series C funding led by tech giant Meituan, bringing Mech-Mind's total funding to over $100 million, making Mech-Mind one of the world's most funded AI+ industrial robotics startups.


Synchrony commits $15m to early stage Black, Latinx and female venture capital funds
Published: 24-05-2021 | 14:17:00 | By: Pie Kamau
Synchrony, a consumer financial services company announced it will commit $15 million to venture capital funds led by Black, Latinx, and female investing partners.


Techstars joins Cleantech.org $100,000 GS Beyond Energy Innovation Challenge
Published: 24-05-2021 | 14:02:00 | By: Pie Kamau
Cleantech.org and Techstars announced that Techstars is joining the Cleantech.org GS Beyond Energy Innovation Challenge as an Accelerator Partner.


Blu Venture Investors launches $25m BVI Cyber Fund for Series A growth cybersecurity companies
Published: 21-05-2021 | 14:09:00 | By: Pie Kamau
Blu Venture Investors, a primary source venture capital firm, announced the launch of the BVI Cyber Fund, a $25 million fund targeted at Series A growth companies in cybersecurity.


Proptech startup zavvie taps new $1.75m inside round
Published: 21-05-2021 | 13:48:00 | By: Pie Kamau
PropTech startup zavvie, the first complete agent-centric brokerage selling solutions platform and marketplace, announced the completion of a $1.75 million inside round from existing investors,


Panther raises $2.5m to help businesses hire and pay employees in 160+ countries
Published: 21-05-2021 | 13:30:00 | By: Pie Kamau
Panther Global, which helps businesses hire and manage a global workforce in 160+ countries, announced the raise of $2.5 million in seed funding to expand, hire more internal talent, and continue to provide hiring and payroll support for businesses.


B2B insurtech startup Boost raises $20m Series B to enhance insurance market accessibility
Published: 21-05-2021 | 13:09:00 | By: Pie Kamau
Boost Insurance, the B2B digital insurance platform, announced the completion of a $20 million Series B financing round to fuel growth of its platform, new product development and partner marketing.


Fintech startup TiiCKER brings MarketWatch, CNBC, Benzinga and others to individual investors
Published: 21-05-2021 | 12:58:00 | By: Pie Kamau
TiiCKER, a Detroit-based fintech startup that engages, verifies and rewards retail investors through stock perks unveiled an aggregated news feature to its platform.


Venture builder Satgana launches first portfolio startup in Kenya, Mazi Mobility
Published: 20-05-2021 | 15:38:00 | By: Pie Kamau
After its launch in September last year, venture builder Satgana has announced its first portfolio startup from Nairobi, Kenya, Mazi Mobility, to address the issues faced by the public transport industry in the Global South by electrifying the motorcycle industry.


Pangea announces $3m scale-up program for locally funded Kenyan startups
Published: 20-05-2021 | 15:30:00 | By: Pie Kamau
Norwegian-based accelerator Pangea has unveiled a scale-up program offering private funding of up to $3 million and business support to enable locally funded Kenyan startups accelerate their enterprises to the next level.


AlphaCode announces four startups taking part in the second phase of its incubate programme in South Africa
Published: 20-05-2021 | 14:50:00 | By: Pie Kamau
AlphaCode has announced the four fintech startups that will be part of the second phase of the AlphaCode Incubate programme.


South African fintech startup Ukheshe expands into Asia-Pacific region
Published: 20-05-2021 | 14:41:16 | By: Pie Kamau
South African fintech startup Ukheshe Technologies announced it will be expanding its footprint into the Asia-Pacific region as it introduces innovative digital-first payment solutions.


Five women-led tech startups awarded $10k funding by Standard Chartered Women in Tech Incubator in Kenya
Published: 20-05-2021 | 14:29:00 | By: Pie Kamau
The Standard Chartered Bank has awarded 5 women-led businesses with KES 1,000,000 each. The businesses were picked from the 4th cohort of the Standard Chartered Bank Women in Tech incubation program.


Data integration startup Merge raises $4.5m seed round to accelerate growth
Published: 19-05-2021 | 10:28:00 | By: Pie Kamau
Merge, the San Francisco and New York City-based API company which seeks to transform how B2B companies think about customer-facing integrations, announced the close of a $4.5 million seed funding round.


University of Michigan's Desai Accelerator invests in four startups to launch 2021 cohort
Published: 19-05-2021 | 10:14:00 | By: Pie Kamau
The Desai Accelerator, a University of Michigan accelerator open to early-stage alumni startups, announced the four companies accepted into its 2021 cohort.


Cybersecurity startup ActZero announces platform enhancement, alliance with CrowdStrike to accelerate managed detection
Published: 19-05-2021 | 09:57:00 | By: Pie Kamau
ActZero, a cybersecurity startup whose mission is to democratize cybersecurity for small and mid-size businesses, announced a major enhancement of its AI-driven managed detection and response (MDR) platform.


Creator economy startup Koji launches Shoutout, personalized video requests for everyone
Published: 19-05-2021 | 09:44:00 | By: Pie Kamau
Koji, the Link in Bio tool for the Creator Economy, announced the launch of its newest Link in Bio feature, Shoutout. Available now in the Koji App Store, Shoutout offers Creators an opportunity to sell personalized videos to their followers.


Data automation startup Syncari raises $17.3m Series A to automate cloud data management
Published: 19-05-2021 | 09:33:00 | By: Pie Kamau
Syncari, the company behind the world's first no-code data automation platform, closed $17.3 million in Series A funding. Crosslink Capital led the round, with participation by seed-round investors ANIMO, NextGen Venture Partners, SignalFire, and Dig Ventures


Creator platform Fanbase attracts high-profile artists and creators, expands into three new territories
Published: 18-05-2021 | 13:58:00 | By: Pie Kamau
Fanbase, the subscription-based social platform that empowers creators to monetize their content and grow their fanbase, is on the verge of closing its seed round, already raising $3.1 million dollars on StartEngine.


Tech enabled startup investment firm Lieef closes seed round to accelerate growth
Published: 18-05-2021 | 13:38:00 | By: Pie Kamau
Lieef, a startup investment firm focused on sustainability, has officially closed its seed round. The proceeds will be used to scale the firm's operations and hire additional investment professionals.


Plug and Play Canada selects 12 startups to participate in Toronto Supply Chain and Logistics Program
Published: 18-05-2021 | 13:24:26 | By: Pie Kamau
Plug and Play Canada announced the selection of 12 startups into the first batch of the Toronto Supply Chain & Logistics Program.


U.S., Taiwanese AI startup Aesop Technology partner to improve patient safety
Published: 18-05-2021 | 12:55:00 | By: Pie Kamau
Researchers at Harvard Medical School, Brigham and Women's Hospital, Taipei Medical University, and Aesop Technology, a Taiwan-based startup, announced the results of a new joint study into the international transferability of machine learning.


Canadian startup Agnostiq secures $2m seed round to further develop SaaS-based quantum solutions
Published: 14-05-2021 | 12:16:00 | By: Pie Kamau
Agnostiq, Inc., the quantum computing SaaS startup, has raised $2 million in seed funding to support the continued development of its software platform.


Huobi Group launches Huobi Ventures with $100m for early stage DeFi investments, mergers and acquisitions
Published: 14-05-2021 | 11:52:00 | By: Pie Kamau
Blockchain company Huobi Group announced the launch of Huobi Ventures, a wholly-owned subsidiary focused on growing Huobi's venture investment portfolio and supporting innovative blockchain projects through long-term investment strategies.


Consumer warranty startup Upsie secures $18.2m Series A round to accelerate growth
Published: 14-05-2021 | 11:34:00 | By: Pie Kamau
Upsie, a consumer-centric platform for purchasing product warranties, announced it has raised a $18.2 million fundraising round led by True Ventures.


Silicon Valley startup ArmorCode emerges from Stealth with $3m in seed funding to redefine application security
Published: 14-05-2021 | 11:20:00 | By: Pie Kamau
ArmorCode, the Silicon Valley startup delivering application security at the speed of DevOps, has secured $3 million in seed financing led by Sierra Ventures with participation from Tau Ventures and Z5 Capital and individual investors.


Consumer technology startup Allstar raises $3.85m to democratize gaming content
Published: 14-05-2021 | 11:11:00 | By: Pie Kamau
Allstar, a consumer technology startup focused on democratizing the creation of gaming content, announced a $3.85 million seed round led by members of New York Angels.


On-demand delivery management startup Cartwheel raises $1m seed round to accelerate growth
Published: 13-05-2021 | 12:54:00 | By: Pie Kamau
Cartwheel, an on-demand delivery management platform for restaurants and retailers, announced it has raised a $1 million seed round led by TenOneTen Ventures with participation from Act One Ventures and Portillo's Hot Dogs,


Israeli AI-powered identity and security management startup Authomize secures $16m to accelerate growth
Published: 13-05-2021 | 12:28:00 | By: Pie Kamau
Authomize, the Identity and Security Management Platform (IDSM), announced the close of $16 million in Series A funding. Innovation Endeavors led the round with participation from return investors Blumberg Capital, Entree Capital and M12.


Blockchain startup Candela Coin creates first consumer-facing transactive solar energy system
Published: 13-05-2021 | 12:11:57 | By: Pie Kamau
Blockchain startup Candela Coin has created the first consumer-facing transactive solar energy system. Candela Coin is a cryptocurrency that allows holders to take part in the first ever decentralized blockchain based peer-to-peer transactive solar energy system.


Creator economy startup Koji launches Photo Guestbook, a customizable photo booth for your Link in Bio
Published: 13-05-2021 | 11:52:00 | By: Pie Kamau
Koji, the Link in Bio tool for the Creator economy, announced the launch of its newest Link in Bio feature the Photo Guestbook. The new feature allows Creators to customize a UGC photo booth that can be used for any occasion.


Treasury Prime raises $20m in insider round
Published: 13-05-2021 | 11:39:00 | By: Pie Kamau
Treasury Prime, the Banking as a Service (BaaS) company, announced it has completed a $20 million Series B insider round co-led by Deciens Capital and QED Investors and with participation from SaaStr Fund, and Susa Ventures.


Alternative VC firm Chisos launches public Reg CF crowdfunding campaign on WeFunder
Published: 12-05-2021 | 12:30:52 | By: Pie Kamau
Chisos Capital, the investing firm for early-stage entrepreneurs, announced the launch of a public Reg. CF crowdfunding campaign on WeFunder.


HONK supports insurance startup Branch with digitally-driven roadside assistance solutions
Published: 12-05-2021 | 12:15:00 | By: Pie Kamau
HONK Technologies, the digital platform connecting drivers and towing professionals, announced it is supporting Branch, the startup that pioneered bundling home and auto insurance online.


Travel blockchain startup travelBloc.ai files CO2 & flight safety patents
Published: 12-05-2021 | 11:40:00 | By: Pie Kamau
Silicon Valley travel blockchain startup travelBloc.ai reinventing travel solutions for today's tech savvy traveler, leveraging AI & Blockchain based innovation that will disrupt status quo and improve the traveler experience.


Venture capital firm TampaBay.Ventures launches $20m seed fund to support regional tech startups
Published: 12-05-2021 | 11:19:00 | By: Pie Kamau
New venture capital firm TampaBay.Ventures, has launched its first $20 million seed fund in order to support the growing tech scene in the Tampa Bay region.


Hearable tech startup Noopl launches directional hearing device to enhance hearing in loud environments
Published: 12-05-2021 | 11:02:00 | By: Pie Kamau
Tech startup Noopl announced the availability of its acclaimed iPhone compatible directional hearing device to enhance hearing in loud environments to U.S. consumers.


Marketing AI Institute closes $1m seed round, appoints new Chief Growth Officer
Published: 11-05-2021 | 12:29:00 | By: Pie Kamau
Marketing Artificial Intelligence Institute has appointed Cathy McPhillips to Chief Growth Officer, and announced the closing of a $1 million seed round to accelerate understanding and adoption of artificial intelligence across the marketing industry.


Loan infrastructure startup Spinwheel raise $11m to better manage, pay consumer debt
Published: 11-05-2021 | 12:16:00 | By: Pie Kamau
Spinwheel, the platform that lets companies embed consumer debt solutions in their applications, disclosed fundraising of $11 million led by QED Investors with participation from Core Innovation Capital, Fika Ventures, and Firebolt Ventures.


Chinese biopharma startup Alebund Pharmaceuticals raises $60m in Series B financing round
Published: 11-05-2021 | 12:04:00 | By: Pie Kamau
Alebund Pharmaceuticals, a biopharmaceutical company dedicated to developing innovative therapies for the treatment of renal diseases and related chronic conditions, announced the raise of $60 million in its Series B financing round.


AI-powered fintech startup Expend announces impressive start to crowdfunding campaign
Published: 11-05-2021 | 11:25:36 | By: Pie Kamau
Expend, the AI-powered fintech startup changing the way businesses manage expenses and spending, announced a great start to its crowdfunding campaign on Seedrs.


Robotics startup ViaBot announces public launch with $6.1m in funding
Published: 11-05-2021 | 11:11:00 | By: Pie Kamau
ViaBot, a robotics startup bringing maintenance and management automation to large properties, announced its public launch with $6.1 million in funding.


UN launches hunt for startups and enterprises changing the face of food systems
Published: 10-05-2021 | 11:03:00 | By: Pie Kamau
The UN Food Systems Summit has announced a competition to identify the best small and medium-sized enterprises (SMEs) from across the world who are transforming food systems for a better tomorrow.


Danish startup MATE accelerates e-Bike expansion with new funding from Marcy Venture Partners
Published: 07-05-2021 | 12:47:00 | By: Pie Kamau
The Danish design startup MATE announced a new investment from Marcy Venture Partners to accelerate the future of smart transportation, with the global aim for the world to go greener via a new, smarter, more flexible, and flashy form of transportation.


Revere VC raises $1.35 m seed round to give venture capital its vanguard moment
Published: 07-05-2021 | 12:34:00 | By: Pie Kamau
Revere VC, a San Francisco and Hong Kong based asset management firm, announced the launch of its flagship products and services; "The Portal,' a curated VC platform, and its inaugural fund strategy, 'The Prime Access Fund.'


Quantum drug discovery startup PolarisQB hires pharmacologist Ian Reynolds as Advisor
Published: 07-05-2021 | 12:14:10 | By: Pie Kamau
Quantum drug discovery startup Polarisqb has hired Dr. Ian Reynolds, a world renowned expert in pharmacology, as an Advisor to the company.


Mental health biotech startup Gilgamesh Pharmaceuticals closes $27m Series A round
Published: 07-05-2021 | 12:00:00 | By: Pie Kamau
Gilgamesh Pharmaceuticals, a mental health science focused biotechnology company utilizing psychedelic-related medicines for the treatment of neuropsychiatric conditions, today announced the closing of a $27 million Series A round of funding.


Mastercard Start Path selects Tippy to grow fintech solution for service industry professionals
Published: 07-05-2021 | 11:51:00 | By: Pie Kamau
Tippy, the digital tipping platform, announced it has been selected to join Mastercard Start Path, an award-winning program for fintech innovators.


MentalHappy startup closes $1.1m seed round to expand worldwide expert-led peer support groups
Published: 06-05-2021 | 12:12:00 | By: Pie Kamau
MentalHappy, an online mental health platform designed to help individuals improve their emotional wellbeing through positive peer support, announced the close of a $1.1 million seed funding round.


FarmTogether, Backstage Capital join forces to generate grater access to diverse farmland investments
Published: 06-05-2021 | 11:50:00 | By: Pie Kamau
FarmTogether, the technology-enabled investment platform democratizing access to farmland, announced a partnership with Backstage Capital, an investment firm focused on startups founded by people of color, women, and members of the LGBTQ community.


The Batchery introduces next wave of innovative startups in Berkeley, California
Published: 06-05-2021 | 11:12:00 | By: Pie Kamau
The Batchery announced its 12th Demo Day featuring eleven early-stage startups from the Berkeley-based incubator's intensive Deep Dive program.


Kenyan fintech startup Kwara selected for Japan-led Ninja Accelerator programme
Published: 06-05-2021 | 10:56:00 | By: Pie Kamau
Digital banking platform and fintech company Kwara has been selected for the first cohort of the Ninja Accelerator programme in Kenya.


Kenyan insurtech startup Lami Technologies raises $1.8m in seed funding
Published: 06-05-2021 | 10:49:00 | By: Pie Kamau
Lami Technologies, a Kenyan insurance technology (insurtech) company that aims to democratize insurance products and services for low-income Kenyans, has raised $1.8 million in seed funding.


[Startup Interview] Marvin Akankwasa, CEO, Social Lend Africa, Uganda
Published: 05-05-2021 | 16:33:00 | By: Bob Koigi
Social Lend Africa is a Uganda-based financial technology company that facilitates transactions between micro-lenders and small business owners on its web and mobile app


DBSA launches second edition of the Youth Challenge in South Africa
Published: 05-05-2021 | 16:02:56 | By: Pie Kamau
The Development Bank of Southern Africa (DBSA), launched the second edition of the DBSA Youth Challenge, a competition aimed at harnessing innovative solutions from young people in South Africa to help address infrastructure challenges.


Deathcare startup Parting Stone closes $1.3m in funding round to accelerate growth
Published: 05-05-2021 | 13:44:00 | By: Pie Kamau
Parting Stone, the deathcare startup solving the uncomfortable experience of dealing with cremated remains, announced the close of a $1.3 million seed-plus capital raise.


Foodtech startup GrubMarket acquires Vaccaro & Sons to expand to St. Louis, Missouri
Published: 05-05-2021 | 13:24:00 | By: Pie Kamau
San Francisco-based food technology startup GrubMarket announced it has completed the acquisition of Vaccaro & Sons in St. Louis, Missouri.


Asset management startup JupiterOne raises $30m Series B funding to accelerate growth
Published: 05-05-2021 | 13:05:00 | By: Pie Kamau
JupiterOne, the provider of cyber asset management and governance solutions, announced a $30-million Series B funding round led by Sapphire Ventures to support the company's rapid growth in revenue, customers, and employees.


Untapped Ventures joins Global Startup Studio Network to help people self-actualize at work
Published: 05-05-2021 | 12:42:55 | By: Pie Kamau
Untapped Ventures (Untapped) announced it has been accepted in the exclusive Global Startup Studio Network (GSSN) community.


West Africa's Uhuru Investment Partners closes growth fund at $113m with capital support from CDC
Published: 05-05-2021 | 12:18:00 | By: Pie Kamau
Uhuru Investment Partners (Uhuru), a middle-market private equity firm based out of Lagos and Abidjan, announced the first close of Uhuru Growth Fund I (UGF) at $113 million, with capital support from CDC Group.


Atlanta-based startup Outsource Monetic commences commercial and technical operations in West and Central Africa
Published: 04-05-2021 | 16:56:00 | By: Pie Kamau
Outsource Monetic™, an Atlanta GA based startup, officially started its commercial and technical operations in West and Central Africa regions.


Mastercard invests in Rwandan femtech e-Commerce startup Kasha Global
Published: 04-05-2021 | 12:47:00 | By: Pie Kamau
Mastercard announced a new investment in Rwandan female-focused e-Commerce platform Kasha Global, to continue shared efforts to ensure women across emerging markets have essential access to health.


VISO Trust raises $3m to deliver automated third party cyber due diligence at the speed of business
Published: 04-05-2021 | 12:35:00 | By: Pie Kamau
VISO Trust announced it has raised $3 million in seed funding to automate third party cyber due diligence with an AI-driven social due diligence network.


interviewIA secures $2m seed round to expand HR tech product offerings
Published: 04-05-2021 | 12:17:00 | By: Pie Kamau
interviewIA, a technology platform that manages all aspects of the job interview workflow to enable the coexistence of equitable and efficient hiring, has raised $2 million in its seed round.


Fortú launches Latino digital bank, raises $5m led by Valar Ventures
Published: 04-05-2021 | 12:05:00 | By: Pie Kamau
Fortú announced the launch of its digital bank account focused on Latino and Hispanic U.S. residents who remain underserved by the "one size fits all" approach of traditional financial institutions.


Hashflow raises $3.2m seed round to bring professional market makers to DeFi
Published: 04-05-2021 | 11:49:00 | By: Pie Kamau
Hashflow, a decentralized exchange connecting DeFi traders with top crypto market makers, closed a seed funding round of $3.2 million from leading venture capital firms and angel investors.


Nano raises $90m pre-IPO funding round to accelerate growth
Published: 15-03-2021 | 15:13:00 | By: Pie Kamau
Nano Cures (Nano), a clinical stage biotechnology and infectious disease immunity platform company, announced a $90 million pre-IPO funding round.


Teleporter mobile app 360VUZ joins first "Google for Startups Accelerator" in the MENA region
Published: 23-02-2021 | 07:34:00 | By: Pie Kamau
360VUZ, the immersive video mobile app was selected to join the first ever "Google for Startups Accelerator" in the MENA region, that is held by Google as part of its "Grow Stronger with Google Initiative"