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[Column] Christopher Saul: AI and open innovation - How to turbocharge sustainability in East Africa
AI startup vflok connects caregivers to make shift scheduling a human-centered experience for nurses
SaaS startup Axle raises $1.5 million in pre-seed funding to revamp Wall Street industry
Axle, a SaaS startup focused on modernizing corporate access on Wall Street, has announced the successful close of $1.5M in pre-seed funding.
ImpriMed raises $23 Million Series A Round to expand its AI-powered cancer treatment tech
The funding will enable ImpriMed to expand its revolutionary drug response prediction technology beyond veterinary medicine into human oncology, increase headcount, and broaden its business development and research and development pipeline.
Kenyan climate tech startup Amini raises $4 million seed funding raises to accelerate growth into new sectors
Amini’s successful raise follows a $2 million pre-seed funding round that closed in March 2023. The pre-seed round was led by Pale Blue Dot, backed by Superorganism who also participated in this seed round alongside new investors such as Satgana.
Quantum Systems secures €63.6m to bolster European resilience through aerial intelligence
Quantum Systems has announced the completion of €63.6m Series B funding.
RespirAI partners with Mayo Clinic to develop AI respiratory platform
RespirAI Medical has entered into a collaboration with Mayo Clinic for developing a wearable AI-based home monitoring platform for respiratory diseases.
Cerebrum Tech secures $1.8m investment to accelerate growth of Generative AI
Cerebrum Tech has secured an investment of $1.8m, valuing the company at $15m.
Cohere taps NetSuite to scale business processes, meet global AI demand
Cohere has selected NetSuite to support its mission to empower enterprises.
Reality Defender secures $15m Series A funding to detect text, video and image deepfakes
Reality Defender announced it has raised $15 million in Series A funding.
AI solutions provider Meeranda joins NVIDIA Inception
Meeranda, an AI solutions provider, announced it has joined the NVIDIA Inception.
KindWorks.AI raises $1.5m funding to revolutionize workplace culture using proven power of Kindness
KindWorks.AI has closed an oversubscribed pre-seed round over $1.5m.
Finnish energy tech startup Capalo AI raises €500K to accelerate growth
Capalo AI has raised €500K funding to further develop its virtual power plant.
Intento secures $8m Series A funding to enhance multilingual GenAI capabilities
Intento announced a $8 million Series A funding round led by Somersault Ventures.
[Column] Christopher Saul: Kenya’s AI revolution can happen with the IT you already have
AI is set to become the most prolific and impactful technology trend in the world.
Vyzer secures $6.3m seed funding to transform wealth management with AI
Vyzer, a digital wealth management platform, has raised a seed round of $6.3m.
Vistry unveils conversational AI platform LumoChat for food commerce
Vistry has announced the launch of its Conversational AI platform, LumoChat.
Aampe secures $7.5m to accelerate AI-driven customer engagement
Aampe the AI-native user engagement platform, announced a $7.5m pre-series A funding round.
Romanian AI startup Creatopy raises $10m to scale its creative automation platform
Creatopy, the AI-driven creative automation platform, has raised $10m Series A funding.
Mews acquires hospitality startup Nomi to accelerate AI guest experiences
Mews has announced its acquisition of Nomi, a Nashville-based hospitality startup.
Japanese semiconductor firm EdgeCortix closes $20m to accelerate AI capabilities
EdgeCortix announced the closing of a $20m funding round.
Stanley Capital Partners announces first resource efficiency investment with Roboyo
Stanley Capital Partners has announced a strategic investment in Roboyo.
London-based startup Unitary raises $15m for AI-driven content moderation
Unitary has raised $15m in a Series A round to scale its AI video classification technology.
Prompt AI raises $5m seed funding to revolutionize computer vision
Prompt AI, a startup harnessing the power of large language models to democratize access to computer vision, raised $5m seed funding.
Israeli AIOps startup Senser launches with $9.5m to disrupt legacy observability technology
Senser has emerged from stealth with $9.5m in seed funding.
UnitX raises $5m to elevate manufacturing quality with AI-powered defect detection
UnitX has announced a $5m investment from SE Ventures.
AI testing startup Kolena secures $15m Series A investment to accelerate growth
Kolena has secured $15 million in a Series A funding.
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.
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
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.
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.
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.
Helsing raises €209m Series B to bolster defence AI capabilities for democracies
Defence AI company Helsing, announced it has raised €209m Series B funding.
Montreal startup Urbanoid files patent for AI solution based on location intelligence
Urbanoid has developed an innovative technology for marketers to target ads.
Touring Capital launches to invest in next-gen early growth stage SaaS startups
Venture Capital Veterans announced the launch of Touring Capital.
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.
South Korean edtech startup Mathpresso secures $8m to accelerate growth
Mathpresso has raised $8m from Korea's telecom giant, KT.
YC-backed Hadrius raises $2m seed round to power SEC compliance using AI
Hadrius has secured $2m in seed funding to automate SEC compliance.
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.
Taurean Surgical secures funding to democratize robotic surgery in emerging markets
Taurean Surgical has announced a significant pre-seed funding round.
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.
[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.
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.
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.
South Korean Naver-backed AI startup Crowdworks to go public
Crowdworks will be listed on the Korean KOSDAQ market via SPAC merger.
Inside the mind of an expert: Fintech AI predictions for 2023, Plug and Play
AI has revolutionized fintech by enabling innovative solutions.
[Column] Richard Shaw: AI-ready cloud - How hyperscalers empower businesses to thrive in the digital age
Cloud computing has undergone evolution.
Munich-based Aily Labs raises €19m Series A round to accelerate growth
Aily Labs has raised €19 million in a Series A round
Mendoza Ventures launches Mendoza Impact to close the diverse founder funding gap
Mendoza Ventures has launched a new non-profit, Mendoza Impact.
Meet Kuushy: Sit your way to better health
Poor posture can lead to a whole range of problems – from neck and back pains to even heartburn and constipation.
Irys Insurtech closes $3.5m seed round to take on legacy competitors
Irys Insurtech has closed a seed funding round of $3.5 million.
Industry veterans launch cybersecurity startup Vigiles
Former Trustwave executives have launched a cybersecurity startup, Vigiles.
Human-like AI Meeranda is now a part of Microsoft for Startups Founders Hub
Meeranda announced its acceptance into the Microsoft for Startups program.
Holland Capital fuels conversational commerce advancements, invests in Conversation24
Holland Capital has announced an investment in Conversation24.
Google launches AI First accelerator program for African startups
Google has announced the launch of a new accelerator program to support AI startups in Africa.
BingX invests in AI and Web3 startup Moonbox to accelerate growth
BingX has invested in Moonbox, a pioneering AI and Web3 startup.
Berlin-based startup Mercanis raises $10m to boost savings for procurement teams
Berlin-based startup Mercanis announced the completion of $10m seed funding.
Marqo secures $5.2m to bring continuous-learning vector search to businesses
Marqo, the startup enabling AI-powered search, has closed $5.2m seed investment.
Oslo-based AI startup Deckmatch secures €1m funding to accelerate growth
Oslo-based AI startup Deckmatch has successfully raised €1m funding round.
Swedish SaaS startup CodeScene raises €7.5m financing round to accelerate growth
Swedish SaaS startup CodeScene has successfully raised €7.5m financing round.
[Research] Generative AI has become an emerging risk for enterprises
The availability of generative AI became a top concern for enterprise risk executives.
Proptech AI startup Zenerate partners with SoLa Impact to automate affordable housing developments
Zenerate has partnered with SoLa Impact.
AI chat startup Chai announces $205m valuation
Chai, the AI chat entertainment platform, has announced a $205 million valuation.
AI data startup Virtualitics closes $37m Series C funding round
Virtualitics, announced that it has raised $37 million in a Series C financing.
sewts raises €7m to shape the future of robotics, automation in the textile industry
Munich-based deep tech startup sewts has closed €7m Series A financing round.
AI startup FeatureByte unveils self-service feature platform
FeatureByte announced the release of the FeatureByte self-service feature platform.
Preamble joins NVIDIA Inception to boost AI safety and risk mitigation for enterprises
Preamble announced it has joined NVIDIA Inception.
Haus raises $17m Series A funding to build the future of growth intelligence
Haus has announced $17 million in Series A funding led by Insight Partners.
Persist AI raises $4m seed financing to accelerate drug formulation
Persist AI announced the close of an oversubscribed $4 million financing round.
IVIX closes $12.5m Series A funding round to accelerate growth, combat financial crimes
IVIX, announced the closing of a $12.5m Series A funding round
OKX Ventures invests $1m funding round in Hong Kong-based AI and Web3 startup Moonbox
OKX Ventures has announced a $1m investment in Moonbox.
AI-enabled stealth startup Stackless Data raises $14m seed round to accelerate growth
Stackless Data has raised a seed round at a pre-money valuation of $14 million.
FAST Accelerator launches 2nd Cohort of AI program for African startups
Flapmax has launched the second FAST Accelerator program.
Cyble secures $24m Series B funding to advance AI-powered threat intelligence solutions
Cyble announced a $24m injection of capital through Series B funding.
DBtune secures €2.4m seed funding to revolutionize AI-based database optimization
DBtune has successfully closed €2.4 million seed funding round led by 42Cap
Blackbaud invests in generative AI startup Momentum for social impact
Blackbaud announced a strategic investment in Momentum.
Wall decor startup DecoSynth secures venture funding round led by Misfit Capital
DecoSynth has announced the successful completion of a venture funding round.
Pulsr launches Web3's first AI search engine for NFTs
Pulsr Foundation has released AI search engine optimization for over 5 million NFTs.
Frankfurt-based QuoIntelligence secures €5m seed financing to accelerate growth
QuoIntelligence announced a €5m seed financing round.
Aethir closes $150m valuation, Pre-A funding round to scale decentralized cloud infrastructure
Singapore-based Aethir announced the completion of its Pre-A funding round.
TDK Ventures invests in Infinite Uptime's Industry 5.0 digital intelligence platform
TDK Ventures has invested in the Industry 5.0 - focused startup Infinite Uptime.
Mobilo secures $4.1m in seed funding to revolutionize business networking
Mobilo, the maker of first smart business cards, has raised $4.1m in seed funding.
South Korean tech startup Wayne Hills produces sci-fi film using generative AI
Tech startup Wayne Hills has kicked off producing sci-fi films using generative AI.
TLV Partners achieves $1b, launches $250m early-stage Israeli startups Fund V
TLV Partners announced $1 billion in assets under management (AUM).
Explainable-AI image recognition startup ZAC initiates medical imaging for pathology
ZAC will apply its Concept-Learning algorithms in medical imaging.
Lightspeed leads Zluri’s $20m funding round as SaaS management platform takes off
SaaS operations(SaaSOps) platform Zluri, announced a $20m funding round.
Microsoft selects LexCheck for its Startups Pegasus Program
LexCheck has been selected for the Microsoft for Startups Pegasus Program.
Palantir partners with Toronto-based startup AirMatrix to scale drone operations
Palantir Technologies and AirMatrix have partnered to accelerate drone operations.
Tokyo's dynamic ecosystem for a startup company and its global impact, Plug and Play
Tokyo, Japan is an economic powerhouse with its thriving business landscape.
Blackbaud's accelerator program welcomes 10 startups building generative AI solutions
Blackbaud announced the newest cohort of its Social Good Startup Program.
AI startup Contoro Robotics raises $4.7m seed roundv to accelerate growth
Contoro Robotics announced it has raised $4.7 million in seed funding.
Kassel-based deep tech startup Twinsity bags €2.5m from EIC
Twinsity, a deep tech startup, has secured €2.5-million funding from the EIC.
Generative AI for crypto startup SuperSight raises $1m pre-seed to build crypto-specific LLMs
SuperSight, a London-based Generative AI startup, raises $1m pre-seed round.
[Column] Zafir Junaid: Bridging the AI skills gap in Africa
As we navigate the contours of the 4IR, powered by AI, it is becoming increasingly evident that Africa has a critical role to play.
New PitchBook survey finds majority of venture capitalists have invested in AI
PitchBook has released findings from a new survey in partnership with Collision.
Aigen unveils world's first AI-driven, solar-powered, agricultural robotics platform
Agritech startup Aigen, unveiled an autonomous, scalable robotics platform.
Vesalius Biocapital announces first close of fourth fund raising €95m
Vesalius Biocapital announced the first close of its fourth fund, Vesalius Biocapital IV, securing over €95m.
Kenyan fashion e-Commerce startup ShopZetu raises pre-seed funding to fuel growth of its marketplace
Kenyan fashion e-Commerce startup ShopZetu has raised $1m pre-seed funding.
Brex taps Jason Mok to support the next generation of founders
Brex announced that Jason Mok has joined the team to support commitment to serving startups and their founders.
IP Fabric announces $25m Series B funding to accelerate adoption of network assurance
IP Fabric announced it has closed $25 million Series B funding round.
Swiss medtech startup Berlin Heals completes financing round for its ongoing CE- study
Berlin Heals has developed a breakthrough method for therapy of heart failure.
Belgian startup NineID raises $2.6m to bridge the digital and physical worlds of corporate security
Belgian startup NineID announced raising $1.2m, closing its $2.6m seed round.
Kenyan startup MESH grows to reach 150,000 young entrepreneurs
Kenyan startup MESH, announced it has reached 150,000 members.
Nigerian healthtech startup Helium Health raises $30m Series B funding
Helium Health announced it has raised $30 million in Series B funding.
AdvisorCheck raises $1.8m to transform the way people vet and monitor financial advisors
AdvisorCheck has announced its $1.8 million seed round of funding.
1Fort raises $2m to automate and simplify cyber insurance for businesses
1Fort has completed a successful $2 million pre-seed round financing.
Italy’s Planckian closes €2.7m pre-seed round to develop quantum batteries
Planckian has raised over €2.7 million in pre-seed funding round led by Eureka! Venture.
NBA superstar Chris Paul joins plant-based startup Wicked Kitchen as investor
10-time NBA All-Star Chris Paul has joined the Wicked team as an investor.
Federato raises $25m Series B funding to continue catalyzing insurance's "AI moment"
Federato has raised $25 million in Series B funding led by Caffeinated Capital.
Kenyan mobility startup Stima secures €100k investment
Stima Mobility has secured €100,000 investment from DEG Impulse.
Seedstars, Fondation Botnar launch youth Wellbeing Ventures with $20m investment in Africa
Seedstars Capital and Fondation Botnar have invested $20m for early-stage startups.
The role of crypto-friendly banks in facilitating financial inclusion, Plug and Play
Financial inclusion is a key aspect of economic growth and development.
Molten Ventures leads €5m round in Oliva to expand workplace mental health support
Molten Ventures has led a €5 million round in Oliva.
Focused Energy startup raises $82m funding to advance laser-based nuclear fusion
Focused Energy raised $11m in Series A funding, bringing its total funding to $82m.
AI-enabled startup AvoMD raises $5m to combat clinician burnout
AvoMD announced it has closed $5 million in seed funding led by early-stage venture fund AlleyCorp.
SEI appoints Sneha Shah as Head of New Business Ventures
SEI has announced the appointment of Sneha Shah as an Executive Vice President and Head of New Business Ventures.
Stellantis Ventures seeds innovation with investments into sustainable mobility
Stellantis Ventures has been formed to support 'Dare Forward 2030' strategic plan.
Haul247 secures $3m seed funding to drive innovation in Africa’s logistics industry
Haul247 has raised $3 million in a seed funding round.
Germany joins Europe Startup Nation Alliance (ESNA)
Germany Trade & Invest (GTAI), Europe's largest economy, has joined Europe Startup Nation Alliance (ESNA).
Orange partners with Digital Africa to strengthen the growth of African startups
Orange has partnered with Digital Africa, to promote and strengthen African startups.
Decentralized identity startup Intuition raises $4m funding round
Decentralized infrastructure provider Intuition has raised $4 million in a seed round fundraise.
Chatbots with fraud detection software are revolutionizing underwriting, Plug and Play
Chatbots are dramatically reshaping the insurance industry.
Manganum attracts second round of seed investment from Mitgo
Manganum has received has two rounds of investment from global IT company Mitgo.
Hexagon calls for startups to apply for its third Sixth Sense cohort
Hexagon's Manufacturing Intelligence division has announced a call for startups to apply for its third Sixth Sense cohort.
Foodtech startup PartnerSlate raises $4m from to accelerate growth
PartnerSlate has raised $4 million round led by Supply Change Capital.
German autonomous, electric trucking startup FERNRIDE raises $31m Series A funding
FERNRIDE has secured $31m Series A funding.
UK renewable energy startup tem. raises £2.5m to transform the broken energy market
tem., the UK-based renewable energy startup, has secured £2.5m funding round.
Financial IT launches Fintech Pathfinder, showcasing the most promising fintech startups
Financial IT announced the launch of its highly anticipated Fintech Pathfinder.
AI-driven pet biometrics startup Petnow launches in France
Petnow, the provider of advanced pet identification solutions, announced the expansion of its groundbreaking app to the French market.
Montfort Ventures opens inaugural branch in San Diego, California
Montfort Ventures, a boutique startup fundraising advisory firm, announced the opening of its inaugural branch in San Diego.
Customer success platform ZapScale secures $2.5m seed funding to accelerate growth
ZapScale announced it has successfully raised $2.5 million in seed funding.
Volvo Group Venture Capital invests in Trucksters to manage innovative relay trucking in Europe
Volvo Group Venture Capital has invested in Madrid based startup, Trucksters.
SAP selects YOOBIC for an exclusive startup program
YOOBIC, the all-in-one Frontline Employee Experience Platform, announced it has been selected by SAP.
Mental health startup Anise raises $1.2m pre-seed to expand culturally-responsive care
Anise Health, a digital mental health company, completed $1.2m pre-seed round.
[Column] Patrick Ndegwa: Journey to the centre of the cloud; why Kenya should store data locally
Kenyan businesses are migrating to the cloud en masse.
Africa among top 3 regions prone to mobile financial scam, report
Throughout 2022 and the first quarter of 2023, 14% of installs of potentially unwanted mobile financial apps on Android phones were made.