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HAVAÍC leads a R12 million investment in South African startup RNR
South African-born RNR provides truck fleet managers and truck OEMs (Original Equipment Manufacturers) with on-demand breakdown support.
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.
South African payments startup Revio raises $5.2 seed round to grow coverage across Africa
Revio has announced a seed investment round of $5.2m.
Irish Tech Challenge 2023 for tech startups launches in South Africa
The Embassy of Ireland in South Africa has opened applications for the Irish Tech Challenge 2023.
[Column] Richard Shaw: AI-ready cloud - How hyperscalers empower businesses to thrive in the digital age
Cloud computing has undergone evolution.
On-demand logistics and delivery startup Picup opens driver training centres in South Africa
Picup has launched its Driver Training Centres in Cape Town.
[Column] Nchaupe Khaole: Unlocking South Africa's technology investment potential
Technology enabled businesses and the solutions they develop represent growth.
World Bank awards 10 Southern African fintech startups with $5k each
10 Southern African fintech startups have each received $5,000 from the World Bank.
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker.
How payment technology is changing the rulebook on South African retail
The past few years have seen the proliferation of new methods of transacting.
Absa acquires minority stake in South African agritech startup Khula!
Absa Bank has acquired a minority stake in South African agritech startup, Khula!
South African healthtech startup Quro Medical raises $1.3m funding from Mineworkers
Quro Medical, the South African e-health startup has received a $1.3 million investment from leading investment firm the Mineworkers Investment Company (MIC).
South African healthtech startup Guidepost unveils chatbot for diabetic patients
South African healthtech startup Guidepost has unveiled an AI-powered chatbot to help citizens living with diabetes better manage their condition.
Africa’s mezzanine debt fund manager Vantage Capital exits Dynamic Bedding
Vantage Capital, Africa’s mezzanine debt fund manager, announced it has fully exited its investment in Dynamic Bedding, a South African specialist bed manufacturer and retailer.
[Column] Marilyn Moodley: Conquering the biggest cloud adoption challenges with an effective strategy
As CIOs turn to the cloud to help streamline performance across key areas of operations, knowing exactly how to conquer the biggest cloud adoption challenges is more important than ever before.
South African healthtech startup Envisionit raises $1.65m to expand access to medical imaging
Envisionit Deep AI, a South African healthtech startup that uses AI to bridge the gap in diagnostic imaging, has raised $1.65 million to expand access to medical imaging.
[Column] Didi Onwu: Understanding youth entrepreneurship in Kenya - why fintech is an attractive sector
Boasting one of the fastest-growing economies in Africa, Kenya is on the rise to become a powerhouse of innovation on the continent. This is largely in part due to the country’s thriving culture of entrepreneurship and its significant startup ecosystem.
South African car subscription startup Planet42 raises $100m to break car accessibility barriers
South African car subscription startup Planet42 has raised $100 million in combined equity and debt funding.
[Column] Anna Collard: ChatGPT: What cybersecurity dangers lurk behind this impressive new technology?
It is now possible to use a publicly available artificial chatbot to generate a complete infection chain, possibly beginning with a spear phishing email written in entirely convincing, human-like language.
IFC, DEG, Hollard, and Yellowwoods invest in South African insurtech startup Naked to boost insurance accessibility
IFC, the German Development Finance Institution (DEG), Hollard, and Yellowwoods, jointly announced an investment in South African insurtech company Naked to expand access to insurance products.
South African grocery delivery startup Yebo Fresh raises 4.5m pre-Series A funding to fuel expansion
Yebo Fresh, a South African grocery delivery startup has raised $4.5m in a pre-series A equity funding round.
South African digital lender Lulalend raises $35m Series B funding to accelerate growth
Lulalend, a South African digital lender offering funding options for businesses. has raised $35 million in Series B funding to accelerate the growth of its loan book and bring new solutions to the market.
Climate finance trading platform Senken raises $7.5m to streamline and expand carbon markets offerings
Senken, the climate finance trading platform of on-chain carbon credits, announced it has raised $7.5 million in new funding, the most significant capital raise in its industry, led by Obvious Ventures.
Fintech enabler Ukheshe secures Series A funding to accelerate international expansion
Ukheshe International, the UK-headquartered division of digital-first, Banking as a Service (BaaS) enabler Ukheshe, announced the conclusion of an investment agreement that will help accelerate its international expansion.
South African early-stage VC firm 4Di Capital announces close of $25m seed fund
South African early-stage technology venture capital fund manager 4Di Capital has announced the close of $25 million seed fund.
Kenya, Nigeria and South Africa lead fintech growth in Africa, Mastercard
A report by payment services company Mastercard has revealed that South Africa, Nigeria and Kenya are among the most vibrant fintech markets in the continent.
South African digital identity startup iiDENTIFii raises $15m growth capital to fuel expansion across Africa
Cape Town-based digital identity startup iiDENTIFii announced it has raised $15 million in growth capital to fuel its expansion across Africa.
South African Biometrics tech firm iiDENTIFii raises $15 million growth capital
iiDENTIFii’s face authentication technology securely authenticates users via their cellphones or PCs within seconds.
South Africa's home services startup SweepSouth closes $11m investment round led by Alitheia IDF
SweepSouth, an online home services platform with a presence across Africa has completed a $11 million investment round led byAlitheia IDF (AIF), Africa’s first and largest gender-lens private equity fund.
South African agritech disruptor AgriKool drives down food costs for consumers, increases profits for farmers
AgriKool, a South African e-trading platform, is connecting agricultural producers to buyers to facilitate the sale of products between retailers and farmers.
South Africa’s student housing startup DigsConnect secures investment to spearhead international growth
DigsConnect.com, South Africa’s digital student accommodation platform, announced the closure of its Pre-Series A seed extension round after securing undisclosed multi-million rand investment.
South Africa's Private equity fund PAPE acquires interest in fintech provider Entersekt
Entersekt, a global player in device identity and payment authentication, announced a new investment from PAPE Fund 3 (PAPE), a mid-market South African private equity fund.
[Interview] Michelle Matthews, Director, Viridian, South Africa
Following the rising levels of unemployment among young South Africans, the UK-South Africa Tech Hub Launch League initiative undertook a research project.
South African edtech startup FoondaMate secures $2m seed funding to accelerate growth
FoondaMate, a South African edtech startup, has secured $2 million in seed funding to increase usage of its Whatsapp and Facebook-based learning chatbot throughout the globe.
South African on-demand startup ParkUpp secures community basements for car collectors
ParkUpp, a South African marketplace startup that connects owners of parking spaces with companies and individuals who need parking has secured 'collector community basements' in convenient locations across the country.
South African gold startup Nebü Gold develops a gold bullion investment you can wear
South African gold startup Nebü Gold, is the first African jeweller to give bullion investors the option of wearing elegant 24-karat investment-grade jewellery.
South African fintech firm Hello Pay launches new mPOS device for SMEs
South African fintech firm Hello Pay has launched a new high-end Android Mobile point-of-sale solutions (mPOS) for local merchants and SMEs.
Bridgestone Mobility Solutions joins Startup Autobahn as ‘anchor partner’
Bridgestone Mobility Solutions, Bridgestone EMIA’s business unit focused on developing and launching data-driven fleet, tyre and mobility solutions, has become an “anchor partner” of Startup Autobahn, a mobility-focused innovation network.
South African tech startup SmartWage raises $2m to bridge gap between enterprises and frontline employees
SmartWage, an innovative HR and communications technology startup, raised $2 million oversubscribed seed funding round to support its vision of transforming Africa’s workforce.
TR Tech, LocoNav unveil GPS, IoT and vehicle telematics solutions in South Africa
Integrated tech-services provider TR Tech and disruptive full-stack fleet-tech startup LocoNav have collaborated in South Africa to provide state-of-the-art GPS, IoT, and Vehicle Telematics solutions.
South African fintechs Payflex and Merchant Capital launch cash advance solution for small retailers
Two South African fintechs, alternative lender Merchant Capital and buy-now-pay-later (BNPL) specialist Payflex, have launched a cash advance solution for small and mid-sized retail sector.
South African cryptocurrency exchange VALR raises $50m Series B funding to expand across the continent
VALR.com, a South Africa cryptocurrency exchange, announced it has raised $50 million, Africa’s largest ever crypto funding round, bringing the company`s valuation at $240 million.
South African fintech Troygold digitises R300b in Krugerrands allowing owners to use value for day-to-day transactions
South Africans have an estimated R300 billion in Krugerrands hidden in drawers and safes, unaware that they could be using the value of their gold to fund day-to-day financial transactions.
South African fintech startup Stitch raises $21m Series A funding to scale its operations
South African API fintech startup Stitch has raised a $21 million Series A funding round to scale its operations.
South African fintech Ukheshe achieves Level One B-BBEE rating
South African fintech, Ukheshe Technologies, has significantly improved its B-BBEE performance, becoming one of the only South African fintech enablers to achieve a Level One B-BBEE Contributor certification.
Docklands Ventures acquires South African proptech startup ParkUpp
Real estate investment company Docklands Ventures has acquired South African proptech startup ParkUpp for an undisclosed amount.
South African fintech startup CompariSure raises $980,000 pre-Series A funding to accelerate growth
South African fintech startup CompariSure, raised R15 million ($980,000) from Cape Town based HAVAÍC and 4Di in a pre-Series A funding round.
South African delivery startup Orderin raises $4.7m pre-Series B funding for expansion
South African B2B delivery-as-a-service (DaaS) startup Orderin has raised $4.7 million pre-Series B funding to scale its infrastructure and improve its last-mile delivery service.
[Kenya] Sankore announces pitch competition targeting blockchain startups
Nairobi-headquartered blockchain community Sankore is launching the Sankore Pitch Competition Tour (PCT) in Nairobi.
Adanian Labs opens January 2022 cohort applications for its Venture Building Program
Adanian Labs has launched the Adanian Labs Venture Building Program call for startups for 2022. The program invites applications from tech entrepreneurs for the 2022 cohort of exceptional startups to join Adanian Labs in Kenya, Tanzania, Zambia, Nigeria and South Africa.
South African fintech firm Ozow raises $48m Series B round to accelerate growth
South African fintech firm Ozow raised $48 million Series B funding round led by Chinese internet giant Tencent. Other investors Endeavor Catalyst and Endeavor Harvest Fund participating also participated in the round.
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.
South Africa's emergency marketplace startup AURA secures R62m Series A funding for global expansion
AURA, the African-based security and medical response marketplace secured R62 million in a Series A funding round, led by MultiChoice Group (MCG), KLT Holdings and Buffet Investments, positioning AURA favourably for its global expansion plans.
South African fleet-tech startup KeyTec and LocoNav enter Africa's video telematics market
South Africa fleet-tech startup KeyTec has partnered with LocoNav to capture the emerging and high-growth video telematics market throughout Africa.
South African fintech startupJumo raises $120 million to expand into new African markets
The latest funding round brings JUMO’s total funding raised to date to c$200 million. Prior investment rounds have included Leapfrog, Goldman Sachs, Finnfund, Proparco, Vostok Emerging Finance and Brook Asset Management.
South Africa based fintech startup SOLMate launches prepaid debit cards for consumers
In its ongoing effort to offer clients a fully-fledged financial ecosystem in their pockets, SOLMate has further enhanced its solutions with the launch of this new generation debit card.
South African e-Health startup RecoMed concludes $1.5m funding round to scale its online healthcare marketplace
RecoMed, the online healthcare marketplace and booking platform in sub-Saharan Africa concluded a highly successful funding round of $1.5 million with a strong and diversified group of leading local and international investors.
ShipHero opens accelerator program to support emerging e-Commerce startups
ShipHero, the shipping and logistics provider for over 5,000 e-commerce brands and 3PLs, announced a new accelerator program for e-Commerce startups looking to supercharge their businesses with best-in-class warehouse management software.
Unilever invites startups to partner through Positive Beauty Growth Platform
Unilever announced the launch of the Positive Beauty Growth Platform, a new initiative which aims to partner with scaleups and startups to drive innovation and brand growth.
Proptech startup Nomad Homes raises $20m to digitize residential real estate across Europe, Middle East and Africa
Nomad Homes, a property technology startup that offers an end-to-end buyer experience for real estate across Europe, the Middle East and Africa, has closed a $20 million Series A funding round.
South African fintech firm Ukheshe partners with Chipper Cash startup to accelerate rollout out of digital payment offerings
South African fintech firm Ukheshe Technologies has partnered with Chipper Cash to enhance and accelerate the rollout out of Chipper’s digital payment offerings.
Canadian precision-farming startup Semios raises $100m in capital to expand agtech platform globally
Semios, a precision-farming platform and one of the world's largest independent agtech solutions providers, announced it has raised $100 million in funding led by Morningside Group, a Boston-based private equity and venture capital firm.
Social learning startup Fiveable closes $10m Series A funding to fuel student-led online spaces
Fiveable, a social learning platform that has supported more than 7 million high school students since 2018, has raised $10 million in Series A funding led by Union Square Ventures with participation from Owl Ventures and Progression Fund.
Israeli startup Appwrite raises $10m to build open source alternative to Google's firebase
Appwrite, the open source Backend-as-a-Service (BaaS) platform for web, mobile and flutter developers, announced it has raised $10 million in a seed round led by Bessemer Venture Partners and Flybridge with participation of Ibex Investors and Seedcamp.
Starfish Space startup raises $7m to develop Otter space tug
Starfish Space, a satellite servicing company founded by former Blue Origin engineers, announced it has raised a $7 million funding round co-led by NFX and MaC Venture Capital, with participation from PSL Ventures, Boost VC, Liquid2 Ventures, and Hypothesis.
DLA Piper advises GigCapital5 in $230m IPO
DLA Piper represented GigCapital5, Inc. in its initial public offering of 23,000,000 units at a price of $10 per unit, including 3,000,000 units issued upon the exercise of the over–allotment option granted to the underwriters.
New York-based Art+Tech accelerator receives funding to invest in art-fueled startups
New York-based Art+Tech accelerator Fuelarts returns after raising $500K from philanthropic funders. Launched in late 2019 by former Christie's COO Roxanna Zarnegar and serial entrepreneur Denis Belkevich, Fuelarts was forced to scale back its operations due to the pandemic.
Africa's crypto exchange Yellow Card raises $15m Series A funding to fuel expansion across the continent
Pan-African cryptocurrency exchange, Yellow Card, announced a $15 million Series A, the largest ever by an African cryptocurrency exchange, to ramp up hiring and continue its expansion across the continent.
EMURGO launches $100m Cardano ecosystem investment vehicle for early and growth stage startups
EMURGO, the official commercial arm of the Cardano blockchain, announced the launch of a new Cardano ecosystem investment vehicle to invest into early startup and growth stage companies focused on building socially impactful solutions powered by Cardano.
Ugandan fintech startup Fin-e Innovations raises $300,000 to bridge funding gap of African energy SMEs
Fin-e Innovations, a fintech start-up based in Uganda, has closed pre-seed funding of $300,000 from an undisclosed party in the United States.
Alberta tech startups to plug into global innovation system through new business accelerator
Alberta tech entrepreneurs and startups will soon have access to an accelerator with worldwide reach that will help them grow their businesses.
Industrial automation startup Agtonomy launches out of stealth to address farm labor crisis with $4m seed round
Agtonomy, a hybrid autonomy and tele-assist service platform, launched out of stealth and announced a $4 million seed round from Grit Ventures, GV (formerly Google Ventures), and Village Global.
Canadian supplier enablement startup Convictional raises $6.7m Series A funding
Convictional, the first supplier enablement platform for retailers and distributors to power drop ship, marketplace and wholesale business models in one solution, announced it has secured $6.7 million in Series A funding.
Perch Mobility startup raises seed funding to accelerate growth
Perch Mobility, the provider of portable charging pods that fuel the micromobility industry, announced the close of its successful seed round funding, which will enable the company to expand coverage into key strategic markets across the U.S.
The Vendry raises $6.5m seed round to support corporate events industry with new marketplace solutions
The Vendry, a marketplace and professional community for corporate event planners, announced the close of a $6.5 million seed funding round led by Peter Boyce, Founder of Stellation Capital.
German startup Focused Energy raises $15m seed round to pursue commercial fusion energy production
Focused Energy, a laser fusion startup dedicated to developing fusion as a means of generating clean alternative energy, announced the successful completion of $15 million in seed funding.
Delivery startup Glovo expands its African footprints
Leading multi-category delivery platform Glovo recently announced the expansion of its operations in Africa, to include Ghana and Tunisia, bringing its current operations to a total of seven countries on the continent.
[Column] Patrick Ndegwa: Growing a successful tech startup in Kenya, 4 key elements
The tech scene in Kenya is thriving. Even amid a global pandemic, economic uncertainty, and election fever, our dynamic African country has found a way to cut through the clutter and establish itself as the world’s ‘Silicon Savannah’.
Absa partners with Melanin Kapital to launch unsecured lending for startups in Kenya
Absa Bank Kenya has partnered with Pan African impact investment platform Melanin Kapital, to launch an investor readiness program that places startups driving social impact on the path to accessing up to KES3 million in unsecured lending.
Nigerian fintech startup Infibranches secures $2m funding from All On to drive growth in the renewable energy sector
Shell-funded impact investment company All On announced a $2 million investment in fintech company, Infibranches Technologies, to help bridge the energy distribution gap in underserved rural and peri-urban areas of Nigeria.
Rose Technology startup raises $5.5m seed round to change the way companies generate revenue from data
Rose Technology, founded by data scientist and former global macro investor Alexander Campbell, raised $5.5 million to change the way data-driven companies collect, analyze, and generate revenue from data.
Employee wellness early-stage tech startup Three Good announces seed round to fuel growth
A new employee wellness technology startup based in Los Angeles, Three Good, announced its seed round of funding. The employee well-being platform leverages Artificial Intelligence (AI) and traditional Psychology best practices to beat employee burnout.
Will Smith's Dreamers VC backs $4m funded fintech startup Front to take on wall street, arm investors with better insights
Front, a strategic investment platform and companion app to Robinhood, Coinbase, Stash, and more that helps guide better investment decisions for new investors, announced the launch of its new app with funding from Will Smith's Dreamers VC.
Healthtech startup bttn. adds PlastCareUSA to burgeoning supplier ecosystem
bttn., a Healthtech startup providing a B2B e-Commerce platform for purchasing medical supplies, announced an expansion to its product catalog with the addition of 93 PlastCare USA products for dental practitioners.
Chinese warehouse robotics startup HAI ROBOTICS secures $200m funding to accelerate growth
HAI ROBOTICS, a Chinese warehouse robotics startup pioneering in autonomous case-handling robotics (ACR) system, announced it has secured two new continuous rounds of financing, garnering $200-odd million in total.
Payroll-as-a-Service startup Check partners with Procare to improve payments in child care centers
Check, the payroll-as-a-service startup whose mission is to make paying people simple, announced a partnership with Procare Solutions, the child care management software platform.
Chinese intelligent robotics startup Agile Robots completes Series C financing to accelerate growth
Agile Robots, an intelligent robotics company, announced the completion of a Series C financing with a total investment of $220 million. The financing was led by SoftBank Vision Fund 2, followed by financial investors.
TDK Ventures invests in seed round for dry lithium-ion electrode manufacturing startup, AM Batteries
TDK Corporation announced that subsidiary TDK Ventures has invested in AM Batteries (AMB) to support the commercialization of its dry electrode coating technology that improves the manufacturing of lithium-ion batteries.
Fantasy football startup Sorare raises $680m Series B to create next sports entertainment giant leveraging NFTs
Sorare, the fantasy football platform, announced it has raised $680 million in Series B financing led by Softbank, with participation from Atomico, Bessemer Ventures, D1 Capital, Eurazeo, IVP and Liontree.
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.
Online group therapy startup Grouport raises $1.5m series seed round to provide therapy for chronic psychological disorders
Grouport, an online group therapy service that's making group treatment widely accessible for chronic psychological disorders, announced a $1.5 million series seed round led by XV Venture Capital.
Plant-based food startup immi raises $3.8m seed funding to modernize instant ramen
immi, the better-for-you Asian American food brand that launched the world's first low-carb, high-protein, 100% plant-based instant ramen during the pandemic, announced a $3.8 million seed round fundraise led by Siddhi Capital.
Biotech startup Elevian raises $40m Series A to advance treatments for stroke recovery and age-related diseases
Elevian, an emerging biotech company developing medicines that restore youthful regenerative capacity with the potential to treat and prevent multiple age-related diseases, announced it raised $40 million in an oversubscribed Series A round led by Prime Movers Lab.
Pangea Trust opens applications for its Startup Connect Programme
Pangea Trust has opened applications for its Startup Connect Programme, to increase the deployment of diaspora remittances and networks to provide investment capital to MSMEs and startups in Kenya, Ethiopia and Somalia.
Berlin-based Workist exits stealth to create global AI business connectivity layer
Workist, the company applying cutting-edge, deep-learning technology to automate business transactions, exited stealth and introduced its flagship product WorKI, an intelligent document processing tool that leverages advanced artificial intelligence.
Construction tech startup KEWAZO raises $5m Series A funding to scale robotic fleet in scaffolding industry
KEWAZO, a player in construction robotics, announced it has closed a $5 million series A funding round, bringing the total amount raised to $9 million.
Nigerian agritech startup Releaf secures $4.2m funding to drive industrialisation of food processing in Africa
Nigeria's agritech startup Releaf, which develops proprietary hardware and software solutions to industrialize food processing, raised $2.7 million in seed funding and grants.
Canadian machine learning startup Private AI secures $3.15m seed round to streamline privacy compliance for enterprises
Private AI, a developer of privacy-preserving machine learning and natural language processing tools, announced it has secured $3.15 million in seed funding to improve its product offering.
Insurtech startup NEXT Insurance renews commitment to small businesses with integrated strategic rebrand
NEXT Insurance, the digital insurtech company transforming small business insurance, announced its strategic rebrand which will integrate small business owners from across the country into every part of the company's business, culture and ethos.
Illumina Accelerator invests in seven genomics startups for 3rd global cycle
Illumina has selected seven new genomics companies to join the third global funding cycle of Illumina Accelerator. The global company creation engine, focused on partnering with entrepreneurs to build breakthrough genomics startups.
Organic food startup Teatis closes seed funding round to advance production and marketing in the U.S.
Teatis, makers of superfood powders for diabetic consumers, announces the close of its seed funding round. The science-backed brand that specializes in sugar-blocking teas accrued $700,000 from various high-power angel investors.
ITRI partners with Arm to provide resources for innovative IC design startups in Taiwan
To promote Taiwanese local IC design startups, the Industrial Development Bureau (IDB) under the Ministry of Economic Affairs (MOEA) is supporting the Industrial Technology Research Institute (ITRI) and Arm, in providing critical resources.
Canadian machine learning startup CruxOCM raises $6m venture financing to accelerate growth
CruxOCM, the pioneer of robotic industrial process automation (RIPA) for control room operations, announced it has raised $6 million in venture financing to fuel growth.
Workwear startup BRUNT raises $8.4m Series A funding to accelerate growth
BRUNT Workwear, a modern work boot and apparel brand designed for today's construction workers and tradespeople, closed an $8.4 million Series A round to accelerate its growth and meet demand as the company disrupts a $12 billion-dollar category in the US.
Tech startup KUDO launches live captioning for multilingual meetings
KUDO Inc., the multilingual meeting SaaS company built around a B2B managed marketplace powered by the largest network of professional conference interpreters, announced the addition of live captioning to its list of platform features.
Lectra joins Plug and Play open innovation ecosystem
Major global player in the 4.0 Industry for the fashion, automotive, and furniture market, Lectra is joining the Brand & Retail program of the Plug and Play network, the world's leading innovation platform connecting startups, investors, and pioneering companies.
Medical software startup Optellum appoints Jason Pesterfield as CEO to drive commercial growth in the US
Optellum, a medical software startup based in Oxford, UK, has appointed Jason Pesterfield as CEO to lead growth in the US clinical market. Optellum is a leader in AI-based software that transforms early lung cancer diagnosis and therapy.
Silicon Valley Bank establishes physical presence in Miami
Silicon Valley Bank (SVB), the bank of the world's innovative companies and their investors, announced a team of commercial bankers have landed permanently in Miami to focus on Florida's dynamic innovation sector.
Huobi Ventures launches $10m fund to accelerate innovative GameFi projects
Huobi Ventures, the global investment arm of Huobi Group, announced the launch of a new $10 million fund to invest in emerging GameFi projects around the world.
Apto Payments acquires fintech startup Vertical Finance
Apto Payments, a next-generation cards and payments company, announced its acquisition of challenger credit card startup, Vertical Finance. The move expands both Apto Payments' product offerings and team.
Blockchain startup Zaimirai acquires Dash Masternode Hosting Operation from NODE40
Zaimirai, a startup blockchain services provider, announced the acquisition of the Dash Masternode Hosting Division of NODE40. The deal enables Zaimirai to build out its blockchain hosting services using the market-tested platform created by NODE40.
ActZero startup announces U.S. distribution relationship with Ingram Micro's Emerging Business Group
Managed Detection and Response (MDR) startup ActZero, announced a strategic distribution agreement with Ingram Micro Inc. and its Emerging Business Group, which offers providers high-touch services, specialization and speed to market.
Tech startup Normal receives investment to empower small businesses with innovative robo-consultant
As the Covid-19 pandemic and global warming continue to impact the world, Normal is building a digital platform that allows MSMEs to modernize their operations and implement sustainable and profitable growth.
Madagascar Time startup launches charity cryptocurrency $TIME to fight climate change
Madagascar Time startup has launched $TIME, the new cryptocurrency focused on charity work around the globe. Backed by an international team, $TIME combines unprecedented technology in the crypto space with social entrepreneurialism.
Tech startup SIMBA Chain raises $25m in Series A funding to accelerate growth
SIMBA Chain , the technology company that eliminated the complexities of blockchain app development and reduced energy usage, thus opening the door to a world of users, has closed a $25 million Series A funding round led by Valley Capital Partners.
Tango raises $5.7m seed round to launch workflow intelligence platform and transform documentation
Tango, the workflow intelligence platform that streamlines the process of creating documentation, announced it raised $5.7 million in seed funding to launch workflow intelligence platform and transform documentation.
Canadian plant-based food innovation startup TMRW Foods raises $2.6m in seed round funding
TMRW Foods, the growing Canadian plant-based food innovation company, announced a seed round investment of $2.6 million.
AI startup DataChat closes $25m Series A round to continue democratizing data analytics
DataChat, Inc., a software company that's revolutionizing data analytics, announced the closing of a $25 million Series A funding round led by Redline Capital and Anthos Capital.
Sports investing platform PredictionStrike raises $1.7m capital, launches new mobile app
Sports investing platform PredictionStrike announced its partnership with MaC Venture Capital and New Age Capital, as well as the launch of the company's new mobile app.
Foodtech startup GrubMarket acquires Bartolotta, further expands in Eastern US and Canada
Food technology startup GrubMarket announced it has completed the acquisition of Bartolotta, a full-service provider of fresh fruits and vegetables to customers in New England, the Mid-Atlantic and Eastern Canada.
Israeli insurtech startup Vesttoo joins NVIDIA Inception to further develop AI-based technologies
Israeli insurtech startup Vesttoo announced it has joined NVIDIA Inception, a program designed to nurture companies revolutionizing industries with advancements in AI and data sciences.
Travel adventure startup YouTravel.Me raises $1m to strengthen its position in the US
YouTravel.Me, an algorithm-powered online platform for booking small group adventure travel organized by travel experts, announced it has secured $1 million in funding.
Zing Health startup aligns corporate mission and philanthropy with Pledge 1%
Zing Health, a physician-founded-and-led provider of Medicare Advantage health plans, has made official its Pledge 1% program, raising its commitment to corporate philanthropy, community engagement, and STEM education.
[Startup Interview] Marko van Kampen, Co-Founder, Just Another Network, Netherlands
Just Another Network is a media company for the next generation that creates, manages and distributes news, sports and entertainment in a way that is contemporary.
[Startup Interview] Wibe van de Vijver, Co-Founder, Mohi, Netherlands
Mohi is a media startup that has created a platform where users can remove the clutter and build a space where they can organize a selection of their most enjoyable content experiences and share the absolute highlights with their inner circle.
[Startup Interview] Tom van Bentheim, Co-Founder, Opt Out Advertising, Netherlands
Opt Out Advertising is a startup that helps publishers, agencies and advertisers with the transition to cookieless advertising by offering a clean, privacy-friendly way of monetizing opt-out inventory in the online advertising industry.
[Startup Interview] Nicolas d'Audiffret, Co-Founder, Ankorstore
Ankorstore is an online B2B marketplace connecting brand and retailers, all around Europe.
[Startup Interview] Marcel van der Heijden, Co-Founder, GoodKarma, Netherlands
GoodKarma is a Dutch startup that works with brands to create unique experiences by offering them a host of services across branding, content, marketing, commerce and social media among others.
[Startup Interview] Marco Abele, Co-Founder, OneFor, Netherlands
OneFor is a fintech startup that offers various mobile money applications and technical services, including account, payment and card services. Its card solution is supported by Mastercard International. The startup’s Co-Founder Marco Abele elaborates.
[Startup Interview] Marsha Goei, Co-Founder, Breeze, Netherlands
Breeze is a Dutch-based startup that seeks to make online dating revolve around offline encounters again. It embraces technology to enhance human connection instead of replacing it.
Tech startup Spinach raises $2.75m pre-seed round for Zoom meeting integration
Spinach, one of the first Zoom Apps partners aimed at helping distributed teams be more effective, announced $2.75 million in pre-seed funding led by Cardumen Capital.
Wine & spirits e-Commerce startup Speakeasy Co. raises $2m seed round to accelerate growth
Speakeasy Co., a technology company and e-commerce platform for the wine & spirits industry, announced a $2 million seed round led by Trog Hawley Capital LLC with participation from other notable investors.
CB Insights launches algorithm to score the quality of startup's founding and management team
CB Insights, which enables world's leading companies to make smarter technology decisions, announced Management Mosaic, the first-ever algorithm to demystify the quality of a startup's founding and management team.
Next-gen research platform Litmaps closes $125K seed-stage investment from Quidnet Ventures
Litmaps, a Science software company based in Wellington, New Zealand has received NZ$125,000 in funding from Quidnet Ventures, a New Zealand-based venture capital fund with operations in Auckland, NZ, San Francisco and New York.
LG announces global startup competition to recruit new businesses for innovation center
LG Electronics (LG) announced the launch of Mission for the Future, a global challenge competition for startups to identify innovative technologies and business ideas that pave the way to the future.
Sharp Alpha Advisors announces sports betting startup pitch competition in partnership with Sportradar
Sharp Alpha Advisors, a firm specializing in early-stage sports betting technology, and Sportradar, a global provider of sports betting and sports entertainment products and services, have partnered to announce a sports betting startup pitch competition.
Videogame startup Nifty Games raises $38m capital to redefine mobile sports games
Nifty Games, a videogame developer and publisher focused on quick-session, head-to-head sports games for mobile, raised $26 million in a Series B round of equity funding led by Vulcan Capital. In addition, the company has secured $12 million in connected debt financing.
DLA Piper advises investment analytics platform Aumni in $50m Series B financing
DLA Piper represented Aumni, an investment analytics platform that provides the data infrastructure for private capital markets, in a $50 million Series B funding round led by J.P. Morgan.
Oddup raises $12.8m Series C funding to increase access to pre-eminent global startup ecosystem insights
Oddup, an international provider of data-driven insights for the startup and cryptocurrency ecosystems, announced the close of a $12.8 million Series C funding round.
Shuttle-hailing startup SWVL completes $35.5m pre-funding to accelerate growth strategy
SWVL, a Dubai-based provider of transformative mass transit and shared mobility solutions, announced that several investors, including Agility and Chimera Abu Dhabi, have completed the pre-funding of $35.5 million of the aggregate PIPE subscription.
South African fintech startup SOL announces rebrand with new virtual card offering
South African fintech startup SOLmate, an online payment platform that offers clients a digital wallet facility, has unveiled a new product offering together with an extensive rebrand and renewed corporate vision.
South African fintech firm Ukheshe partners with dzcard to expand digital payment solutions in Asia Pacific
South Africa“s fintech startup Ukheshe which has been on a rapid expansion to different markets has announced a new partnership with global next-generation card solutions and digital security company, dzcard.
[Startup Interview] Dylan Pfeil, Co-Founder, Business Solutions Centre, South Africa
Business Solutions Centre is a South African-based telecommunication startup that has embraced a business model of providing a one-stop shop for all digital needs of clients.
Naspers Foundry leads $8.3m Series A investment in South African insurtech startup Naked
Naspers, through its early-stage tech investment vehicle Naspers Foundry, invested $8.3 million (R120 million) in Naked, the artificial intelligence (AI)-driven insurtech startup that offers full digital insurance to cars, homes, and valuables.
South African payments startup Yoco raises $83m Series C funding to accelerate growth
South African payments startup Yoco has raised a Series C funding round of $83 million (R1.23 billion) to accelerate product development and reach more merchants in South Africa and beyond.
[Startup Interview] Dimitri Kalamoudacos,Co-founder, Entrepreneur Suite, South Africa
Entrepreneur Suite is a South African startup targeting micro retailers with an application that records valuable sales information that is then served back to the business owner as demand forecasting suggestions which are designed to provide profiting opportunities.
South African startup Omnisient raises $1.4m for global expansion
Omnisient, a secure data collaboration platform, has achieved its second raise this year totalling $1.4 million. The investments will be used to expand the Omnisient team, accelerate product development and drive international expansion.
Seven South African legal startups to pitch for €10,000 grant
The Hague Institute for Innovation of Law (HiiL) kicked off its annual global Innovating Justice Challenge in search of the region’s best justice-related social entrepreneurs in March this year.
South African fintech startup Ukheshe Technologies announces boostXB joint venture with ForexPeople
South African fintech startup, Ukheshe Technologies has partnered with ForexPeople, one of the country’s names in forex with over 20 years of experience, to seamlessly facilitate cross-border payments from South Africa into Africa.
South African delivery startup Picup introduces premium driver network for businesses
South Africa's crowdsource delivery tech startup Picup has introduced a premium service aimed at businesses that require drivers to represent their brand.
Catalyst Fund announces Circle of Corporate Innovators to accelerate startup-corporate partnerships
Global inclusive tech accelerator Catalyst Fund, managed by BFA Global, today formally announced its Circle of Corporate Innovators, with its first members, Fidelity Bank, Ecobank, Sterling Bank, Access Bank and the VFD Group.
South African biotech startup LifeQ secures $47m in Series A funding
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.
AlphaCode announces four startups taking part in the second phase of its incubate programme in South Africa
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
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.
DBSA launches second edition of the Youth Challenge in South Africa
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.
Grindstone accelerator programme opens applications for South African startups
Applications for this year’s Grindstone’s accelerator programme are now open. Grindstone is an equity-free structured entrepreneurship development programme that assists high-growth innovation-driven SMEs in South Africa.
South African digital health startup Quro Medical secures $1.1m seed funding to accelerate growth
Quro Medical, a South African digital health startup, emerged from stealth mode to announce the closure of its seed funding round to accelerate growth for Africa’s first technology-driven Hospital at Home offering.
Enygma Ventures targets Southern Africa women entrepreneurs with funding opportunities
Enygma Ventures, is looking for passionate women entrepreneurs to invest in. The venture capital fund was established by two successful women entrepreneurs who now invest in women entrepreneurs in Southern Africa.
HAVAÍC predicts bumper year for African tech startups
As one of South Africa’s most active Venture Capital investors, HAVAÍC says 2020 saw the commercial adoption of technology increase at unprecedented rates, as illustrated by the performance of HAVAÍC and its portfolio companies.
African startup StarNews Mobile launches incubator for South African youths interested in digital film
StarNews Mobile launched its grassroots Youth Initiative incubator in partnership with Solutions on Point to empower young individuals interested in the digital film industry in South Africa.
South African VC firm Knife Capital launches 2nd 12J Venture Capital Fund
South Africa’s VC firm Knife Capital announced the launch of its second Section 12J Venture Capital Fund to allow new investors to participate.
TransUnion partners with South Africa's fintech startup Fincheck to improve access to finance for consumers
Global information and insights company, TransUnion, has partnered with South Africa’s financial marketplace, Fincheck, to make credit application process easier and less frustrating for consumers.
The African youth powering a gaming revolution
As esports dominate modern entertainment industry as a fast growing sport, Kenya and South Africa youth continue to dominate the world of competitive video gaming.
[Startup Interview] Tony Botha, Managing Director, carbonTRACK Africa, South Africa
carbonTRACK Africa is a South Africa technology startup that seeks to create a world where energy is consumed sustainably, shared fairly and empowers all people. The ultimate goal is establishing an energy ecosystem that will close the gap between energy supply and demand.
[Startup Interview] Deon de Swardt, Co-Founder, Africa People Advisory Group, South Africa
Africa People Advisory Group is a South Africa Human Resource Advisory firm whose primary focus is to deliver consulting and product solutions to organizations operating in and across the African continent. The firm’s Co-founder Deon de Swardt explains the company’s business model and plans.
54gene, Kobo360, myFanPark, Sokowatch among 12 startups to win AppsAfrica Awards 2020
54gene, Kobo360, myFanPark and Sokowatch have been named among the 12 winners of AppsAfrica Awards 2020. The awards celebrates the best startups in mobile and tech from across Africa.
South Africa agritech startup Aerobotics raises funds for global expansion
FMO and Cathay AfricInvest Innovation have invested in Aerobotics, a South African AgriTech startup developing intelligent tools to the feed the world.
Industrial AI solutions startup MakinaRocks joins NVIDIA Inception
MakinaRocks, a startup based in Seoul and Silicon Valley, specializes in the emerging field of industrial AI software with a primary focus on anomaly detection and intelligent control technology.
South African tech startup LetMeIn.to raises R2.2m to scale its visitor and access management platform
South African tech startup LetMeIn.to raised R2.2 million in funding from an undisclosed impact investor to scale up and expand its visitor and access management platform.
South African startup myFanPark merges with Starsona to create a global celebrity engagement platform
South African startup myFanPark has announced its merger with Silicon Valley-based celebrity engagement platform Starsona.
South African fintech startup Ukheshe to acquire Oltio, strengthens partnership with Mastercard
South African fintech startup Ukheshe announced it has entered into an agreement to acquire Oltio, a mobile technology company that developed Mastercard’s QR payment service Masterpass in South Africa.
South Africa's MetroFibre Networx completes new capital raise from AIIM and STOA
African Infrastructure Investment Managers (AIIM), Africa’s infrastructure-focused private equity fund managers, has acquired a minority equity stake in MetroFibre Networx, a South African open access fibre network operator.
AI Media Group launches Africa’s first AI-focused free investment matchmaking service for African startups
The AI Media Group has launched The Deal Room, Africa’s first artificial intelligence (AI) focused, free investment matchmaking service which aims to connect African AI focused startups to interested investors and venture capitalists (VCs).
Peer-to-peer solar leasing startup Sun Exchange announces African expansion in Zimbabwe
South African peer-to-peer solar leasing startup Sun Exchange marked its official expansion into sub-Saharan Africa with the first of three crowdsales for a multiphase, 1.9 megawatt (MW) solar-plus-storage project for Nhimbe Fresh.
African startups more investible now than ever
Africa’s startups have never been more investible than now. There is a growing number of professional ‘super angels’ involved in record-breaking deals, and private equity investments have doubled since last year.
Paxful partners with African fintech startup Uhuru Wallet to ease money transfers
Crypto marketplace Paxful announced it is adding Uhuru Wallet as a payment method to its platform, to help provide easy access to the crypto economy for users in Southern Africa.
kathy ireland Worldwide expands health advocacy through partnership with tech startup mymedicalimages.com
Medical imaging technology startup mymedicalimages.com has partnered with kathy ireland Worldwide (kiWW) for a new, cutting-edge patient-centric medical image sharing platform.
Sabio Group acquires Anana to extend customer experience capability
Sabio Group has acquired customer experience solutions specialist Anana. The acquisition supports Sabio’s goal to become the leading player across the European customer experience market.
German tech startup CloudRadar launches new data center in Johannesburg, South Africa
German tech startup CloudRadar is launching its cloud-based IT-monitoring service in South Africa, ahead of further global expansion, to help ensure IT stability for regional businesses in the face of rapid, pandemic-fuelled digitisation.
Mastercard announces Fintech Express to empower Middle East and Africa fintechs to launch and expand rapidly
Mastercard has launched Fintech Express in the Middle East and Africa (MEA), a program designed to facilitate emerging fintechs’ launch and expansion.
[Startup Interview] Marthinus Coetzee, CEO, iPTT Africa, South Africa
Iptt africa (pty) Limited, a South African telecommunications startup, solves the communication problems faced by many businesses and organizations in Africa through its italkptt platform that allows businesses to communicate from anywhere in Africa to anywhere in the world. The CEO Marthinus Coetzee elaborates.
Early investors in 4IR startups set to reap rewards
Early investors in startups with exposure to the fourth industrial revolution (4IR) are benefiting from significant revenue growth despite the physical constraints introduced by governments’ responses to the Covid-19 pandemic.
Futuregrowth invests in South African online services disruptor startup SweepSouth
Futuregrowth has invested in SweepSouth, a disruptive online platform for booking, managing and paying for home cleaning, and now a variety of other services.
South African animation and gaming startup Sea Monster secures $1m funding
Animation, gaming and AR/VR company Sea Monster announced the conclusion of a $1m investment from FirstRand’s Vumela Fund.
[Startup Interview] Anton Herbst, CEO, Vincula Holdings, South Africa
Vincula Holdings, domiciled in Johannesburg South Africa, is a startup connecting employers, project sponsors, contractors, subcontractors and suppliers through a platform that also seeks to provide participants with worldwide and focused exposure to grow their market share.
Catalyst Fund announces seventh cohort of inclusive fintech startups
Catalyst Fund, the global inclusive fintech accelerator, has announced that six new fintech startups, from Nigeria, South Africa, Mexico and India are joining its existing portfolio of 31 companies.
[Startup Interview] Riaan Rautenbach, CEO, Live Fr8, South Africa
LIVE FR8™ is a South African startup that offers cargo suppliers and transporters improved and cheaper logistics services through cloud technology. Cargo suppliers and transporters connect directly.
[Startup Interview] Anton Janovsky, Founder, Giga Technology, South Africa
Giga Technology is a South African telecommunications startup involved in the manufacture and export of a host of communication technologies across Africa and Europe.
[Startup Interview] Katlego Malatji, CEO, ProjectOne Engineering, South Africa
Katlego Malatji is the CEO of ProjectOne, a South African based innovative engineering consultancy company that focuses on 4IR projects in manufacturing.
[Startup Interview] Seth Wessels, Co-Founder, Tungston Trading, South Africa
Tungston Trading based in South Africa is a business involved in the supply of cast iron range of products to the retail merchants for home improvements and plumbing.
Naspers Foundry invests R100 million in South African agri-tech startup, Aerobotics
Naspers announced a R100 million investment in agritech business Aerobotics, through its early-stage business funding initiative Naspers Foundry. Aerobotics is a subscription-based artificial intelligence (AI) company that provides intelligent tools for the agricultural industry to manage its crops.
Solar leasing startup Sun Exchange secures $3 million investment from ARCH for African market expansion
South African solar leasing startup Sun Exchange has secured a $3 million investment from ARCH Emerging Markets Partners’ Africa Renewable Power Fund (ARPF), marking the close of $4 million Series-A funding round.
Dutch firm CNBB invests in South African employee engagement solution startup, Wyzetalk
Dutch investment company CNBB Venture Partners has made a multi-million euro investment in Wyzetalk, a fast-growing digital employee engagement company.
[South Africa] Food delivery startup Zulzi raises $1.6 million to expand operations
Zulzi, a South Africa based on-demand delivery platform has bagged R30 million ($1.6 million) funding from an unnamed JSE-listed company, aimed to expand its operations.
[Startup Interview] Candace Knox, CEO, Fat Finger Technologies, South Africa
Fat Finger Technologies in South Africa offers an array of Information Technology services and solutions ranging from simple office networks to full cloud-hosted solutions to public facing networks with internet fail-over.
[Startup Interview] Razia Adam, CEO, Lwandle RNS Holdings, South Africa
Razia Adam is the founder and CEO of Lwandle RNS Holdings, a South African mining startup that has since 2015 been providing industry players digitization processes and systems in order to enable high production rates.
[Startup Interview] Daniel Greaves, CEO, Fuel to Fly, South Africa
Daniel Greaves is the founder and CEO of South Africa-based startup Fuel to Fly that offer boutique sales outreach services that are powered by advanced data analytics.
[Startup Interview] Elton Greeve, CEO, EMG Agri Solutions, South Africa
EMG Agri Solutions, a South African startup offers business planning, management consulting, strategic management, and specialized project management for agri-businesses. The focus is on providing farmers and agri-businesses with specialist advisory solutions.
[Startup Interview] Josephine Pretorius, Founder, Consolidated Marketing Services, South Africa
Josephine Pretorius is the founder and CEO of Consolidated Marketing Services, CMS, a South African startup offering marketing and PR services to clients predominantly in the energy and power infrastructure sector.
[Startup Interview] Mhlengi Ngcobo, CEO, CoffeMM, South Africa
CoffeeMM, a South African startup in the coffee business has been working with smallholder farmers in South Africa, Mozambique, Burundi and Zimbabwe to process their raw coffee for the retail market. Besides connecting them to international
[Startup Interview] Rich Cheary, CEO, PT SportSuite, South Africa
PT SportSuite is a South African company whose mission is to digitally disrupt the sporting industry’s media landscape by allowing sporting organisations to operate like commercially-minded modern media houses, while building
[Startup Interview] Lwazi Nongauza, Executive Director, BTN Mobile, South Africa
BTN Mobile is a South African digital telecommunications network that seeks to revolutionize the telecommunications landscape in the country and beyond while bridging the digital divide by making ICT services available to the underserved at a reasonable rate
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