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French startup Kamino Retail raises €1.25m pre-seed round to accelerate growth
Kamino Retail announced a pre-seed funding of €1.25m from business angels.
Swedish tech lender Ark Kapital appoints Annika Falkengren to the Board
The Swedish Ark Kapital has appointed Annika Falkengren to its Board of Directors.
Lumi secures seed funding to revolutionize disposable packaging industry with LumiCup
Lumi announced the closing of its seed funding round.
Biotech startup Deka Biosciences closes $20m to advance product pipeline
Maryland-based biotech company Deka Biosciences, has closed $20m financing.
Israeli AIOps startup Senser launches with $9.5m to disrupt legacy observability technology
Senser has emerged from stealth with $9.5m in seed funding.
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.
Healthtech SaaS startup Doceree raises $35m to accelerate growth
Doceree, the global network of physician-only platforms for programmatic messaging, announced a $35m Series B round.
UnitX raises $5m to elevate manufacturing quality with AI-powered defect detection
UnitX has announced a $5m investment from SE Ventures.
LinkedIn names renewable power producer BrightNight as top U.S. startup
BrightNight has been named as top U.S. startup by LinkedIn.
MassChallenge opens call for its 2024 fintech accelerator program
MassChallenge FinTech has opened applications for its sixth fintech accelerator program.
Paris-based startup Ondorse raises €3.8m to expand KYC solution in Europe
Ondorse, a business KYC solution, has raised €3.8m seed round.
Data from 400+ startups indicates massive SVB and FRB fallout on startup banking sector
Kruze Consulting has analyzed banking data from 400+ startups.
AI testing startup Kolena secures $15m Series A investment to accelerate growth
Kolena has secured $15 million in a Series A funding.
SUNeVision launches first startup programme to advance innovations in Hong Kong
SUNeVision has announced the launch of its first startup programme.
Backbase partners with FrankieOne to provide digital onboarding solutions in Australia
Backbase announced its strategic partnership with FrankieOne.
AI-powered startup Giftpack closes $4.3m seed round to streamline corporate gifting
Giftpack AI announced the completion of its seed round led by Chang Hai Lin.
Swedish startup QA.tech raises $1m pre-seed round to revolutionize software testing
Swedish startup QA.tech has raised $1m in pre-seed funding round.
Unlocking the future of drug discovery with AI, BBC Research
BCC's newly released report unveils the extraordinary impact of AI on pharmaceutical and biotech sectors.
Techstars invests in ILUMA AI, the AI copilot for C-levels and team leads
Techstars, a pre-seed and early stage venture capital firm, has announced its investment in ILUMA AI.
Google for Startups Growth Academy: AI for Health unveils the 2023 cohort
The Google for Startups Growth Academy: AI for Health has unveiled its 2023 cohort.
IFC invests in e-Commerce platform ANKA to support Africa’s creative Artisans
IFC has invested $3.4m equity investment in African e-Commerce platform ANKA.
Genus AI secures over $6m seed extension round for Generative AI in e-Commerce
Genus AI, a generative AI platform, has secured over $6m in a seed round extension
Hexagon announces nine startups set to transform manufacturing sustainability and digital reality
Hexagon has announced the nine startups chosen for its third Sixth Sense cohort.
Unitus Ventures, Capria Ventures unite to create Global South VC powerhouse
Unitus Ventures announced it is joining forces with its US affiliate Capria Ventures.
[Column] Sandi de Souza: Why top-performing companies use AI to boost procurement
Leading organisations are augmenting their source-to-pay processes with AI
Flapmax announces 12 African startups selected for FAST Accelerator program
Flapmax announced the twelve companies selected for FAST Accelerator program.
Openvolt raises €1.5m to enable the next generation of energy applications
Openvolt has raised a pre-seed round of €1.5m led by Cavalry Ventures.
Kayna insurtech raises €1m to revolutionize small business insurance
Kayna insurtech has closed a €1m pre-seed funding round.
HealNow secures $5.5m seed funding to transform pharmacy payments experience
HealNow has announced a $5.5m seed round led by Bonfire Ventures.
AI will create more jobs than it replaces, report
Amid rapid digital transformation across the workforce, nearly two-thirds of business leaders believe AI will spur the creation of new jobs.
HiddenLayer raises $50m Series A funding to safeguard AI
HiddenLayer, the security provider for AI models and assets, has raised $50 million in Series A funding.
7Rivers launches in Milwaukee with Snowflake partnership
7Summits Founder Paul Stillmank and industry veterans have announced the launch of 7Rivers.
BitX Capital pioneers startup business loans with no money required
BitX Capital has introduced an innovative solution for budding entrepreneurs.
UAE-based digital assets startup Fuze raises $14m seed round
Fuze has unveiled a record-breaking seed round of $14 million.
Kenyan insurtech startup Turaco acquires Ghana’s MicroEnsure
Turaco, the Kenyan insurtech startup, has acquired MicroEnsure Ghana from MIC Global.
Plan A closes $27m to scale its business decarbonisation platform
Plan A has closed $27m funding round led by Lightspeed Venture Partners.
Indigo Ag accelerates sustainability programs for farmers with $250m fundraise
Indigo Ag has raised $250m to drive innovation and sustainability.
[Electric pickups] The next big EV opportunity, IDTechEx
Electrification in the US is at an earlier stage than other regions globally.
Generative AI startup Yurts raises $16m Series A funding to accelerate growth
Yurts announced a $16 million Series A to support its acceleration into the market.
Five Kenyan cleantech startups selected for JICA’s Project NINJA accelerator
Five Kenyan cleantech startups have been selected for the 3rd cohort of JICA.
Helsing raises €209m Series B to bolster defence AI capabilities for democracies
Defence AI company Helsing, announced it has raised €209m Series B funding.
Hyundai Mobis expands its discovery of Silicon Valley mobility startups in the US
Hyundai Mobis is expanding its investments in global startups.
Montreal startup Urbanoid files patent for AI solution based on location intelligence
Urbanoid has developed an innovative technology for marketers to target ads.
Nigerian mobility startup Mecho Autotech raises $2.4m, ventures into wholesale spare parts distribution
Nigerian mobility startup Mecho Autotech, has closed $2.4m pre-Series A investment.
Touring Capital launches to invest in next-gen early growth stage SaaS startups
Venture Capital Veterans announced the launch of Touring Capital.
Anita Rehman joins deep tech venture firm Celesta Capital as Partner
Celesta Capital has appointed Anita Rehman as Partner.
Ugandan Agritech startup Emata raises $2.4m seed funding
Ugandan agritech startup Emata has raised $2.4 million in seed funding.
Plug and Play, Visa launch Inclusive Fintech Accelerator to advance diverse founders in fintech
Plug and Play and Visa have launched Inclusive Fintech Accelerator program.
Creative tech startup Artlist launches 100K Fund to support video creators
Artlist has launched a 100K Fund, a unique one-time grant offered to creators.
Aussie startup Refilled launches to save single-use plastic bottles sold from vending machines
Refilled, a climate tech startup, has been launched.
Pink Shark PR launches Startup Press Accelerator program
Pink Shark PR has launched first of its kind Startup Press Accelerator program.
Treefera secures $2.2m to revolutionize carbon offsetting through AI-driven transparency
Treefera announced the successful closure of a $2.2 million pre-seed funding round.
Mythic Protocol raises $6.5m to build the world first collaborative entertainment
Mythic Protocol has closed an oversubscribed $6.5 million seed round.
London-based Q-Bot secures €4m to drive expansion in Europe and the U.S.
London-based Q-Bot has raised €4 million to insulate people’s homes with robotics and AI.
Big name VCs back startup to solve multi-billion dollar banking problem
Fintech startup N5 has secured the backing of a number of high profile investors.
London-based Binalyze secures $19m Series A funding for enhanced cybersecurity
Binalyze has raised $19m Series A round of funding.
Catalyst Fund marks its first close to back climate tech startups in Africa
The Catalyst Fund has reached the first close of its targeted $40m fund.
South Korean edtech startup Mathpresso secures $8m to accelerate growth
Mathpresso has raised $8m from Korea's telecom giant, KT.
Indian healthtech startup Bonatra launches Wearable Smart Rings for wellness
Healthtech startup Bonatra has launched Wearable Smart Rings.
YC-backed Hadrius raises $2m seed round to power SEC compliance using AI
Hadrius has secured $2m in seed funding to automate SEC compliance.
UK-based Open Cosmos raises $50m to grow its sustainable space tech and satellite data
Open Cosmos has raised $50m in Series B funding.
Investor-founder disconnect poses major threat to African tech funding
African tech investors will not invest follow-on funding in a startup failing to provide regular reporting updates.
Fine art tech startup TRLab raises $5m to accelerate growth
Fine art-focused tech startup TRLab, has raised $5m in seed round funding.
Start WellTech opens global call for market-ready mental health and wellness startups
Start WellTech has opened a call for market-ready mental health and wellness startups.
AWS Senior Principal Mike Spertus joins Generative AR startup Enklu as CTO
Enklu has announced the appointment of Mike Spertus as the new CTO.
Agetech startup Blooming Health raises $4.2m to power healthy aging-in-place
Blooming Health announced the close of an oversubscribed $4.2m seed round
[Column] Vignesh Subramanian: Harnessing Generative AI in the enterprise
AI has certainly been hitting the headlines in 2023.
We Venture Capital launches to invest in early-stage diagnostics startups
We Venture Capital, the venture capital operation of Werfen, announced its launch.
Taurean Surgical secures funding to democratize robotic surgery in emerging markets
Taurean Surgical has announced a significant pre-seed funding round.
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.
Swedish startup Novatron Fusion secures €5m seed funding to propel fusion energy innovation
Novatron Fusion announced the successful closure of its seed round, raising €5m.
Dutch-based EIT InnoEnergy secures over €140m to accelerate growth of its portfolio companies
EIT InnoEnergy has successfully completed its private placement round of over €140m.
ReOrbit completes oversubscribed $7.4m seed funding to enable real-time dataflow in space
ReOrbit has completed an oversubscribed Seed funding round for $7.4 million
Explainable-AI startup ZAC achieves precise 3D descriptions of objects for US Air Force
ZAC has achieved precise 3D descriptions and measurements for US Air Force.
Japanese startup Josys raises $93m Series B funding to revolutionize global IT operations
Josys announced a successful Series B funding round of $93 million.
[Column] Marcel Bruyns: AI is getting smarter and critical infrastructure is set to benefit
AI has emerged as a defining trend in today's business arena.
Harmonya raises $20m Series A to transform CPG and retail with AI-powered product data
Harmonya announced a $20m Series A, bringing total funding to $25 million.
[Column] Dong Won Lee: Tech innovations should enrich the total customer experience
New technologies are now ingrained in our lives.
Rockset raises $44m in funding to power search, analytics, and AI applications
Rockset has raised $44 million bringing total capital raised to $105 million.
Nevia Bio completes $3m seed round to build a platform for early detection of women-related diseases
Nevia Bio has completed $3.1m seed round.
Miri announces first-of-its kind AI health and wellness platform
Miri, the first-of- its-kind AI health and wellness platform, has announced its public beta launch.
Kids footwear brand jbrds closes $500k seed round, establishes $5m valuation
jbrds has subscribed a modest seed round of $500k, establishing a $5,000,000 valuation.
Mitsui Sumitomo Insurance Venture Capital joins Israeli startup nT-Tao's Series A funding round
Mitsui Sumitomo Insurance Venture Capital has joined nT-Tao's Series A funding round.
French startup Teale secures €10m to become the European leader in mental health
Parisian Digital mental health platform Teale, has raised €10m second round of funding.
Cikisi raises €2.7m pre-Series A round to accelerate growth and extend its market
To fuel its growth over the next two years, Cikisi has raised €2.7 million this summer.
Liviri launches independent e-Grocer grant program
Liviri is launching its first-ever e-Grocer grant program – an initiative that will award resources to an independent grocer.
[Introducing Vouch Horizon] A new approach to insurance for scale-stage startups
Vouch, a pioneer in business insurance for VC-backed startups, unveils Vouch Horizon.
Startup Chai offers salary of $875K to compete with OpenAI for Generative AI talent
Chai Research is offering salaries exceeding $875K to compete with OpenAI.
Ugandan women entrepreneurs grow businesses with group saving accounts
For women and youth involved in fish trade at lakes Albert and Victoria in Uganda, having little to no savings is a thing of the past.
GRASP fellowship invests in African women researchers
The Kenyan women, and others selected for the GRASP Fellowship, are set to participate in a series of interventions, including leadership and mentoring training, designed to enable them to become more effective policy practitioners
Insurtech startup Turaco and Airtel Money launch low-cost hospital cash insurance product in Uganda
Kenyan and Ugandan insurtech startup Turaco, has partnered with Airtel Mobile and Prudential Assurance to launch a low-cost hospital cash insurance product with Funeral Benefit.
Plesion Capital invests $500,000 funding in Ugandan fintech platform Xeno
Plesion Capital announced its formation as a social impact venture capital firm focused on partnering with mission-based entrepreneurs and companies to combat poverty around the world.
Kenyan fintech startup Tanda announces agency banking entry in Uganda, Rwanda, Tanzania
Kenyan fintech startup Tanda announced plans for agency banking entry in Uganda, Rwanda, Tanzania to accelerate growth within the East African markets.
Ugandan agritech startup Inputi receives investment to boost inputs distribution
Ugandan agritech startup Inputi announced it received an investment funding to boost inputs distribution across the country.
Ugandan fintech startup Tugende raises $10m pre-Series B funding to increase portfolio growth
Tugende, the innovative fintech platform for MSME credit and asset-financing in East Africa, closed in Q2 pre-Series B equity funding from existing shareholders led by Partech and two new investors, including Women’s World Banking.
Kenyan startup Kyosk Digital expands to Uganda
Kyosk Digital Services aims to address some of the challenges that vendors of fast-moving consumer goods (FMCGs) go through in sourcing products and restocking their outlets.
Uganda’s digital lending startup Numida raises $12.3 million funding to grow offerings
Uganda's Digital Lender Numida has secured a $12.3 million pre-Series A round of equity and debt funding to help it expand its team and move into new markets.
Uganda entrepreneurs bet on fish project to boost incomes
To help communities reduce their post-harvest losses and access a more reliable supply of processed fish products.
Ugandan fintech platform Tugende closes pre-Series B investment round to accelerate growth
Tugende, the East African fintech platform providing asset financing and digital services to small businesses, announced it has raised a pre-Series B investment round led by current shareholder Partech Africa.
Ugandan fintech startup Eversend rebrands, announces new features
Eversend, a Ugandan fintech startup providing cross-border money transfers for Africans and Africans in the diaspora has rebranded, to reinforce its commitment to users with an all-inclusive payment platform and a modified look to support this transition.
Uganda is the happiest country in East Africa, Happiness Index
Uganda topped the position as the happiest country in the East African Region while Tanzania dropped further to position 139 compared to position 94 the previous year.
Bank of Uganda grants Yo-Uganda Limited Payment System Operator License
Among the provisions of the National Payment Systems Act, 2020 is a requirement for all payment system operators to apply for and qualify for licensing after having satisfied a meticulous process applied by the Central Bank.
Toronto-based mobility startup Treepz expands to East Africa, acquires Uganda's Ugabus
In a bid to digitize the public transportation system and provide safer, reliable and comfortable commute options across Africa, Toronto-based shared mobility company Treepz, announced its acquisition of a similar Ugandan bus company Ugabus.
afriQloud and whitesky.cloud have put the foundation in place for a federated EMEA cloud infrastructure
In partnership with the European company whitesky.cloud, afriQloud has designed a completely new architecture for affordable and local cloud services.
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.
Legatum Center launches inaugural Legatum Foundry Fellowship for entrepreneurs in Africa
At an inflection point in their entrepreneurial journeys, Fellows will learn from MIT faculty, connect with investors, and expand their network of peer innovators.
[Startup Interview] Marvin Akankwasa, CEO, Social Lend Africa, Uganda
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
Insurtech startup OKO raises $1.2m to bring innovative insurance to smallholder farmers across Africa
OKO, an insurtech startup that provides inclusive agricultural insurance to secure farmers’ income across Africa, closed a seed investment round of $1.2 million, led by Newfund and ResiliAnce.
Verdant Capital raises $9.9 million financing for East African tech enabled MSME lender Tugende
Pan African specialist investment financial institution Verdant Capital has raised $9.9 million Series A equity capital for Tugende, a technology enabled MSME lender in East Africa.
Insurtech startup Curacel secures $450K pre-seed funding to drive insurance inclusion in Africa
Curacel, an AI-powered platform for claims processing and fraud management in Africa, raised a $450,000 pre-seed funding in a round led by Atlantica Ventures and Consonance.
[Startup Interview] Prof.Yakubu Makeri, Founder, ICYDT, Uganda
International Center for Youth Development on Technopreneurship, ICYDT, is a Uganda startup working on skills development and reduction of poverty among the youth using information technology. The institution’s founder Prof. Yakubu Makeri explains the startup’s business model and plans to launch an online university.
[Startup Interview] Ian Sendagala, CEO, eFoods Trade, Uganda
eFoods Trade is an African online B2B marketplace connecting African foods to the global markets. The platform targets food importers, exporters, distributors, and manufacturers. Ian Sendagala the CEO explains.
[Startup Interview] Julius Masaba, Co-Founder, Ablestate, Uganda
Ablestate, a Ugandan startup works with businesses to point them to the right software developers while offering digital training to institutions of higher learning. In the process the startup is addresings youth unemployment in the East African nation.
[Startup Interview] Gyaviira Tumushabe, Co-Founder, Firm Tours and Safaris, Uganda
Gyaviira Tumushabe is a co-founder of Firm Tours and Safaris, a tourism startup based in Uganda. It offers services include wildlife safaris, mountain gorilla tracking, city tours, organized group tours, school tours cultural and religious tours, all arranged and operated within the bounds of Uganda.
[Startup Interview] Ancel Bwire, CEO, Ancywax, Uganda
Ancywax is a research, media and marketing startup domiciled in Uganda’s capital Kampala that has since 2014 been offering clients a cocktail of services from idea to implementation through a model dubbed Concept Development. Ancel Bwire the CEO elaborates about the startup’s business model and plans moving forward.
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