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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3943109 | Tags:

















Dublin-based Kota raises €5m to enable employers to cover employees’ benefits
Published: 25-10-2023 | 10:15:00 | By: Pie Kamau
Kota, an all-in-one platform to automate insurance, has raised €5m seed round.


Openvolt raises €1.5m to enable the next generation of energy applications
Published: 21-09-2023 | 13:25:00 | By: Pie Kamau
Openvolt has raised a pre-seed round of €1.5m led by Cavalry Ventures.


Kayna insurtech raises €1m to revolutionize small business insurance
Published: 21-09-2023 | 12:56:00 | By: Pie Kamau
Kayna insurtech has closed a €1m pre-seed funding round.


Nigerian mobility startup Mecho Autotech raises $2.4m, ventures into wholesale spare parts distribution
Published: 15-09-2023 | 13:02:00 | By: Pie Kamau
Nigerian mobility startup Mecho Autotech, has closed $2.4m pre-Series A investment.


Irish Tech Challenge 2023 for tech startups launches in South Africa
Published: 07-09-2023 | 14:48:00 | By: Pie Kamau
The Embassy of Ireland in South Africa has opened applications for the Irish Tech Challenge 2023.


Nigeria's Treepz among startups selected for 2023 VC4A Venture Showcase Africa
Published: 24-08-2023 | 15:35:00 | By: Pie Kamau
Treepz hes been selected to participate in VC4A Venture Showcase Africa. 


Altos Radar raises $3.5m to accelerate development of 4D imaging radars
Published: 16-08-2023 | 10:28:00 | By: Pie Kamau
Automotive radar startup, Altos Radar, has raised $3.5m seed round funding.


6 industries that chemical recycling is poised to disrupt, Plug and Play
Published: 09-08-2023 | 13:19:00 | By: Pie Kamau
Chemical recycling is a process in which waste materials are broken down into their original chemical compounds.


Molten Ventures leads €5m round in Oliva to expand workplace mental health support
Published: 31-07-2023 | 13:05:00 | By: Pie Kamau
Molten Ventures has led €5 million round in Oliva.


German autonomous, electric trucking startup FERNRIDE raises $31m Series A funding
Published: 14-06-2023 | 15:01:00 | By: Pie Kamau
FERNRIDE has secured $31m Series A funding.


How automotive solutions will create sustainable urban living, Plug and Play
Published: 09-05-2023 | 15:37:00 | By: Pie Kamau
Automotive solutions play a critical role in creating sustainable cities, particularly in regard to real estate, urban planning, IoT, AI, and smarter cities in general.


AAM invests in EnerTech's Global Strategic Mobility Fund to advance automotive technologies
Published: 05-05-2023 | 16:13:00 | By: Pie Kamau
American Axle & Manufacturing (AAM), a pioneer in driveline and metal forming technology, announced a $10 million investment in the Global Strategic Mobility Fund (GSMF), a venture capital fund managed by EnerTech Capital.


Chinese electric truck startup DeepWay raises $117m Series A+ round to accelerate mass production of smart electric heavy-duty truck
Published: 28-03-2023 | 12:14:00 | By: Pie Kamau
DeepWay, a smart commercial vehicle developer and manufacturer, announced it had raised $117 million Series A+ financing.


[Interview] Jesse Onomiwo, Co-founder, Autosparkle, Nigeria
Published: 07-03-2023 | 14:33:00 | By: Pie Kamau
Autosparkle is part of Riltouche and Sparkles, a company dedicated to building the largest chain of the most eco-friendly cleaning solutions out of Africa.


Autonomous vehicles affect the future of insurance, Plug and Play
Published: 02-03-2023 | 10:46:00 | By: Pie Kamau
With self-driving technology becoming increasingly available and popular, more and more people are opting to ditch their own cars and ride aboard autonomous vehicles instead.


South African car subscription startup Planet42 raises $100m to break car accessibility barriers
Published: 23-02-2023 | 13:45:00 | By: Pie Kamau
South African car subscription startup Planet42 has raised $100 million in combined equity and debt funding.


Bolt announces plans to expand services in Africa with €500m investment
Published: 21-02-2023 | 10:27:00 | By: Pie Kamau
Bolt has announced plans to invest €500 million to enhance its operations across Africa over the next two years.


eDRV raises seed round to accelerate an interconnected EV charging ecosystem
Published: 21-02-2023 | 08:57:00 | By: Pie Kamau
eDRV, an API-first electric vehicle (EV) charging management solution used at over 7,500 charging locations globally, announced it has closed on a seed funding round.


Insurtech startup OpenEyes emerges from stealth with $23m Series A funding
Published: 15-02-2023 | 14:14:00 | By: Pie Kamau
OpenEyes, an insurtech company serving commercial automotive fleets, today emerged from stealth with $18 million in Series A funding led by global software investor Insight Partners and Pitango First.


French hydrogen startup HySiLabs raises €13m Series A funding to accelerate growth
Published: 02-02-2023 | 13:16:00 | By: Pie Kamau
HySiLabs, the novel hydrogen transport and storage technology developer, announced €13 million Series A financing led by Equinor Ventures, and joined by the European Innovation Council Fund, EDP Ventures and PLD Automobile.


Irish agritech startup Proveye secures €1m seed funding to accelerate growth
Published: 26-01-2023 | 14:05:00 | By: Pie Kamau
Irish agritech startup Proveye, a pioneer in remote sensing image analysis for agriculture, announced the closing of €1 million seed funding round to advance the company’s growth strategy. 


Sofia-based EV charging platform AMPECO raises $13m Series A funding to expand in the US
Published: 25-01-2023 | 12:31:00 | By: Pie Kamau
AMPECO, a Sofia-based white-label EV charging management software platform, closed a Series A funding round of $13 million led by BMW i Ventures.


Opsys Tech closes Series C financing round to accelerate production ramp of its automotive-grade true solid-state LiDAR sensors
Published: 05-01-2023 | 13:04:00 | By: Pie Kamau
Opsys Tech, the developer of patented True Solid-State Scanning LiDAR technology, announced the final closing of its Series C financing round.


Canadian B2B automotive trading startup TRADE X opens new trading facilities in Kenya
Published: 02-12-2022 | 11:56:00 | By: Pie Kamau
TRADE X, a B2B cross-border automotive trading platform based in Ontario, Canada, announced it has opened a new Kenyan trading corridor, which includes both a shared bonded warehouse in Mombasa and an office in Nairobi.


Swedish automotive manufacturer Scania launches Scania Growth Capital II at €182.8m
Published: 01-12-2022 | 11:32:00 | By: Pie Kamau
Sweden-based automotive company Scania, announced it is launching a new €182.8 million investment vehicle, Scania Growth Capital II, following the success of its first venture capital fund, Scania Growth Capital I.


Canadian B2B automotive trading startup TRADE X opens a trade route in Ghana
Published: 22-11-2022 | 11:11:00 | By: Pie Kamau
TRADE X, a B2B cross-border automotive trading platform with its headquarters in Ontario, Canada, announced it has opened a new trade route in Ghana, strengthening the company's presence in Africa.


Stellantis invests in Africar Group to create Auto24, African used vehicle startup
Published: 08-11-2022 | 14:35:00 | By: Pie Kamau
Africar Group and Stellantis have announced the launch of Auto24 activities in Abidjan, Ivory Coast.


Impact Venture Capital portfolio company Alef unveils Alef flying car, the only drivable flying car with vertical takeoff and landing
Published: 08-11-2022 | 14:07:00 | By: Pie Kamau
Alef Aeronautics, an advanced technology company creating alternative transportation solutions for surging traffic trends, introduced the Alef "Model A", the only flying car with street driving and vertical take-off.


Japanese startup TIER IV launches commercial autonomous driving software platforms for multiple operational design domains
Published: 07-11-2022 | 08:55:00 | By: Pie Kamau
TIER IV, an open source autonomous driving startup, announced it has launched commercial autonomous driving software platforms "Pilot.Auto" and "Web.Auto".


Amsterdam-based Fastned receives €75m investment from Schroders Capital accelerate future growth
Published: 17-10-2022 | 15:45:00 | By: Pie Kamau
Fastned, the European fast charging company, announced a €75 million private placement of 2,032,520 new depositary receipts representing the same number of new ordinary shares in the capital of the Company with Schroders Capital.


GridBeyond secures €6m investment from UK's Claret Capital to support smart energy expansion
Published: 10-10-2022 | 13:50:00 | By: Pie Kamau
GridBeyond, the pioneer in intelligent energy technology, has agreed a debt financing facility of €6 million led by Claret Capital, to support the Irish headquartered company’s continued internationalisation plans. 


German mobility startup Wunder Mobility receives  €12 million to advance shared mobility globally
Published: 05-10-2022 | 14:45:06 | By: Bob Koigi
The investment positions Wunder Mobility as the highest funded provider of software and hardware solutions for vehicle sharing operators with fleets of e-bikes, e-scooters, e-mopeds, and cars.


Autotech startup ServiceUp secures $14.5 million financing to scale to new markets
Published: 04-10-2022 | 16:31:55 | By: Bob Koigi
Founded in early 2021, the South Bay startup connects consumers, via the ServiceUp app, to a ServiceUp Advocate who manages the entire repair process, including payments.


Irish e-Commerce growth unicorn Wayflyer secures $253m debt financing from Credit Suisse
Published: 15-09-2022 | 10:44:00 | By: Pie Kamau
Wayflyer, the revenue-based financing and growth platform for e-Commerce businesses, has secured $253 milion debt financing facility from Credit Suisse.


Hyperspec AI startup releases software platform for autonomous driving development
Published: 15-09-2022 | 10:20:00 | By: Pie Kamau
Hyperspec AI, an artificial intelligence startup, released a new tool for developers working on ADAS enabled and autonomous vehicles (AV).


Copenhagen-based Monta lands €30m additional financing to accelerate the buildout of EV charging infrastructure
Published: 14-09-2022 | 15:26:00 | By: Pie Kamau
Monta, the Copenhagen-based all-in-one EV charging management platform, announced it has secured an additional €30 million as part of a Series A+ round led by Energize Ventures.


Dutch solar-powered car startup Lightyear secures €81m additional capital investment
Published: 06-09-2022 | 13:09:00 | By: Pie Kamau
Lightyear, a Dutch high-tech startup developing the world’s first solar car, announced a total investment of €81 million, which includes capital from the public consortium consisting of Invest-NL.


Infrastructure and private equity investment manager Foresight launches in Dublin, Ireland
Published: 06-09-2022 | 12:46:00 | By: Pie Kamau
Foresight Group (Foresight), a private equity and infrastructure investment manager, has announced the opening of its new office in Dublin, Ireland.


Dublin-based startup Protex AI raises $18m to protect workplace accidents
Published: 30-08-2022 | 13:51:00 | By: Pie Kamau
Dublin-based startup Protex AI has raised a total of $18 million of investment to help further grow its presence in Europe and North America, led by Notion Capital.


Belgian startup Magnax raises €20m for axial flux “pancake” electric motors
Published: 26-08-2022 | 14:37:00 | By: Pie Kamau
Belgium-based Magnax, technology leader in axial flux electric motors, has closed a €20 million funding round and adds two new investors; BIG Capital, who led the round, and SFPIM.


West makes minority investment in Dublin-based vaccine and biologics startup Latch Medical
Published: 12-08-2022 | 11:49:00 | By: Pie Kamau
West Pharmaceutical Services, a global player in innovative solutions for injectable drug administration, announced it has made a strategic investment in Latch Medical, a Dublin-based startup leading in next-generation vaccine and biologics delivery technology.


Israeli AI mobility Nexar acquires Portuguese startup Veniam to open unlimited possibilities for data-rich mobility applications
Published: 08-08-2022 | 10:34:00 | By: Pie Kamau
Nexar, an AI mobility company, announced it has entered into an agreement to acquire Veniam, the provider of intelligent networking for the internet of moving things.


Battery tech startup Britishvolt confirms UK Government funding boost for its battery cell gigaplant
Published: 01-08-2022 | 11:18:00 | By: Pie Kamau
Battery technology pioneer Britishvolt confirmed funding from the UK Government through its Automotive Transformation Fund (ATF) run by the Advanced Propulsion Centre UK following a confirmation letter.


Taiwanese Startup Mindtronic AI opens way to the future of mobility with Meta-Service ecosystem
Published: 01-08-2022 | 09:42:00 | By: Pie Kamau
Mindtronic AI, a Taiwan-based startup, unveiled the world's first Meta-Service, a biometric sensing technology that provides instant access to any visible object in the real world.


Irish digital identity startup valid8Me secures €12.5m investment to increase headcount, accelerate growth
Published: 22-07-2022 | 10:12:00 | By: Pie Kamau
valid8Me, the digital identity SAAS platform, announced that Grant Thornton Ireland are investing €12.5million in the company.


Yamaha partners with Nigerian startup MAX for vehicle financing and maintenance
Published: 22-07-2022 | 09:34:00 | By: Pie Kamau
Moto Business Service Nigeria (MBSN), a subsidiary of Japan’s Yamaha Motor Corporation, announced a strategic partnership with Metro Africa Xpress (MAX), to finance and maintain over 50,000 vehicles over the next 2 years.


Novelis partners with recycling startup Sortera Alloys to recycle automotive post-production and consumer scrap
Published: 19-07-2022 | 15:39:00 | By: Pie Kamau
Novelis, a sustainable aluminum solutions provider and the world leader in aluminum rolling and recycling, announced a strategic partnership with Sortera Alloys, an industrial scrap metal sorting and recycling company.


Japanese open-source autonomous driving startup TIER IV launches $300m green autonomous driving project
Published: 19-07-2022 | 13:51:00 | By: Pie Kamau
TIER IV, an open-source autonomous driving startup, announced it has received a grant from the Green Innovation Fund Projects (GI Fund) for research and development of autonomous driving software platforms.


Lithuanian startup Elinta Charge raises €7m to accelerate EV charging solutions
Published: 15-07-2022 | 13:34:00 | By: Pie Kamau
AVIA Capital and LitCapital have invested €7 million in Elinta Charge, a Lithuanian developer and manufacturer of electric vehicle (EV) charging solutions, to support R&D, development of new products and further international expansion in the fast-growing e-mobility market.


Automotive B2B marketplace APFusion raises $6.5m in series seed financing to expand its platform
Published: 11-07-2022 | 09:57:00 | By: Pie Kamau
APFusion, the automotive B2B marketplace and SaaS company focused on modernizing the auto salvage industry, secured $6.5 million in series seed financing bringing the company's total financing to $7 million.


BII invests $20m in African mobility fintech Moove to strengthen the informal transport industry
Published: 01-07-2022 | 14:30:00 | By: Pie Kamau
The British International Investment (BII), the UK government’s Development Finance Institution (DFI), announced a $20 million, 4-year structured credit investment in Moove, a mobility fintech democratising access to vehicle ownership in Africa.


Renewable energy startup Posh raises $3.8m seed round to automate EV battery recycling
Published: 24-06-2022 | 11:27:00 | By: Pie Kamau
Y Combinator alum, Posh, announced it has raised $3.8 million in seed funding. The Bay Area startup automates electric vehicle (EV) battery recycling to build sustainable energy storage solutions.


Chinese ARHUD solution provider Raythink completes Series A+ financing to accelerate mass production of in-vehicle AR displays
Published: 15-06-2022 | 11:35:13 | By: Pie Kamau
Raythink, the ARHUD solution provider for the automotive and transportation industry, announced it has raised around $15 million in a Series A+ funding round led by Chengwei Capital.


South African on-demand startup ParkUpp secures community basements for car collectors
Published: 30-05-2022 | 12:11:00 | By: Pie Kamau
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.


Irish agritech startup CropSafe raises $3m seed funding to support farmers globally, opens U.S. headquarters in Los Angeles
Published: 24-05-2022 | 15:57:00 | By: Pie Kamau
Irish agritech startup CropSafe, a platform revolutionizing the future of farming, announced it raised over $3 million in seed funding and have opened U.S. headquarters in Los Angeles.


Autochek acquires Morocco’s automotive tech startup KIFAL Auto to drive North Africa expansion
Published: 20-05-2022 | 11:47:00 | By: Pie Kamau
Autochek, the automotive technology company making car ownership more accessible and affordable across Africa, has announced the acquisition of KIFAL Auto, a Moroccan automotive technology startup, to drive its expansion into North Africa.


Insurtech startup ETAP secures $1.5m pre-seed funding to drive car insurance penetration in Africa
Published: 26-04-2022 | 11:55:00 | By: Pie Kamau
ETAP, an insurtech startup that makes it easier to buy and claim insurance, has secured $1.5 million in pre-seed funding to grow its team and drive the adoption of much-needed car insurance across Africa.


Kenyan electric vehicle startup Opibus rebrands to ROAM
Published: 21-04-2022 | 11:22:00 | By: Pie Kamau
Kenya’s leading electric vehicle (EV) maker Opibus has changed its name to ROAM. The company was among the earliest entrants into the local electric vehicle manufacturing sector.


Vivaris Capital partners with Tesla Foundation to form Tesla Climate Capital
Published: 14-04-2022 | 11:39:57 | By: Pie Kamau
Vivaris Capital, LLC, a multi-strategy fund offering hybrid hedge and private equity structures, announced a strategic, joint-venture partnership with the Tesla Foundation to form Tesla Climate Capital.


TR Tech, LocoNav unveil GPS, IoT and vehicle telematics solutions in South Africa
Published: 23-03-2022 | 12:38:18 | By: Bob Koigi
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.


Finnish EV charging startup eMabler partners with Fusebox to turn electric vehicles into profitable virtual power plants
Published: 24-02-2022 | 13:42:30 | By: Pie Kamau
Finnish electric vehicle (EV) charging startup eMabler and Fusebox, virtual power plant provider are collaborating to use electric vehicle charging to balance the energy grid.


Dallas-based Tegan Digital partners with Dents.co startup to revolutionize the collision industry
Published: 09-02-2022 | 13:40:00 | By: Pie Kamau
Dallas-based digital agency Tegan Digital has partnered with Dents.co to develop a startup launch kit, including an email marketing strategy and video production, to support new B2B tech product.


Irish e-mobility startup Modmo raises €8.7m seed round to accelerate urban transportation
Published: 07-02-2022 | 13:45:00 | By: Pie Kamau
Irish e-mobility startup Modmo closed out 2021 with a €5 million investment from Ballymore Group CEO Sean Mulryan, in addition to €2.7 million raised in September and €1 million in March from several angel investors.


South Korean Hyundai Mobis invests in Zendar startup to accelerate Level 4 or higher autonomous driving
Published: 28-01-2022 | 11:43:48 | By: Pie Kamau
South Korean car parts company Hyundai Mobis announced it has made a strategic investment in Zendar, a Silicon Vally based startup with global competitiveness in high-resolution radar, called 'imaging radar.'


Horizon Technology Finance leads $50m venture loan facility to fintech and insurtech startup, Autonomy
Published: 25-01-2022 | 15:15:00 | By: Pie Kamau
Horizon Technology Finance Corporation announced it led a $50 million venture loan facility to Autonomy, a completely digital mobility offering that provides consumers with an affordable way to get access to a vehicle without long-term debt.


Irish digital food-ordering startup Flipdish raises €87m funding to transform digital consumer experience in hospitality
Published: 13-01-2022 | 12:07:00 | By: Pie Kamau
Irish digital food-ordering platform Flipdish has become the State’s fifth official home-grown tech unicorn following a new €87 million investment led by global technology company Tencent and Tiger Global.


Car subscription startup GO launches in four additional markets
Published: 05-01-2022 | 10:59:08 | By: Bob Koigi
Distinct from traditional auto lease and finance, GO’s model offers subscribers a simple and affordable alternative to car ownership.


Chinese autonomous driving startup Haomo.AI raises nearly RMB 1 Billion, reaches Unicorn status
Published: 04-01-2022 | 10:09:00 | By: Bob Koigi
Beijing-based autonomous driving startup Haomo.AI has raised nearly 1 billion yuan (close to $150 million) in its Series A financing round, giving itself strong financial momentum to expand this new year.


Automobile startup Faction Technology announces funding from TDK Ventures
Published: 22-12-2021 | 14:45:55 | By: Bob Koigi
Faction is taking a unique approach to both driverless technology and lightweight vehicle systems that can dramatically impact how goods and people are moved


Canadian electric vehicle startup eLeapPower raises $21m funding to accelerate initial production and global growth
Published: 15-12-2021 | 12:03:00 | By: Pie Kamau
eLeapPower, a technology innovator revolutionizing electric vehicles inside and outside, with its Smart Inverter System, announced it raised $21 million CAD in Series A funding.


Nigeria’s auto financing startup Autochek begins loan services for new cars
Published: 10-12-2021 | 10:43:46 | By: Bob Koigi
In what it says is to further deepen mobility, Autochek Africa, the leading auto tech platform, has launched a dedicated brand new cars section on the Autochek website and mobile app.


TDK Ventures backs innovative nanomaterials coating technology startup, actnano
Published: 01-12-2021 | 14:23:00 | By: Pie Kamau
TDK Ventures has invested in the Series B financing of actnano, a nanomaterials technology company that is setting new standards for electronics protection with its water and environmental-resistant smart coating solutions.


Nigerian autotech startup Fixit45 acquires Parkit, unveils subscription-based VIP programme
Published: 30-11-2021 | 12:05:00 | By: Pie Kamau
Nigeria’s autotech platform, Fixit45 announced the acquisition of Parkit, a network of tech-enabled autocare and car wash centres.


Healthtech startup Sigrid Therapeutics raises $8.4m from US, Irish and Swedish investors for diabetes breakthrough
Published: 11-11-2021 | 11:25:00 | By: Pie Kamau
Swedish healthtech startup Sigrid Therapeutics is set to prevent two of the world's biggest health challenges, type 2 diabetes and obesity with its SiPore15® powder.


Kenya-based electric mobility startup Opibus secures $7.5 million funding
Published: 04-11-2021 | 14:54:16 | By: Bob Koigi
Opibus says it will use this new funding to scale its operations in electric motorcycle and bus manufacturing.


Nigerian Auto financing startup Autochek secures $13.1m seed funding to deepen West African footprint
Published: 28-10-2021 | 16:55:00 | By: Pie Kamau
Autochek, the Nigerian automotive startup which recently expanded to Kenya, has secured $13.1 million in seed funding.


Chinese autonomous driving startup WeRide releases next-gen small, lightweight Sensor Suite 4.0
Published: 28-10-2021 | 09:15:00 | By: Pie Kamau
WeRide, a Chinese L4 autonomous driving company released WeRide Sensor Suite 4.0 (Suite 4.0), marking another key step towards the mass production of self-driving vehicles.


Chinese autonomous driving startup WeRide named "AutoTech Startup of the Year" in 2021 AutoTech Breakthrough Awards Program
Published: 21-10-2021 | 12:49:00 | By: Pie Kamau
WeRide, a world autonomous driving company, has been named "AutoTech Startup of the Year" in the annual AutoTech Breakthrough Awards conducted by market intelligence organization AutoTech Breakthrough.


[Startup Interview] Adedokun Muhammed-Ali Adedeji, Founder, Brightcloud Automobile, Nigeria
Published: 20-10-2021 | 11:34:20 | By: Bob Koigi
Adedokun Muhammed-Ali Adedeji is a Nigerian innovator, entrepreneur and logistics manager. A green mobility advocate, Adedokun is the founder of Brightcloud Automotive.


India car search startup CarDekho joins unicorn club after $250 million fundraise
Published: 13-10-2021 | 14:08:06 | By: Bob Koigi
It is the largest ever fundraise by CarDekho and the proceeds will be used to accelerate CarDekho’s growth in the Used Car transactions, Financial services and insurance businesses.


European startup CircuitMess partners with Warner Brothers Consumer Products to launch STEM-based autonomous Batmobile
Published: 05-10-2021 | 16:30:26 | By: Pie Kamau
CircuitMess announced its licensing deal with Warner Brothers and its Kickstarter campaign for the CircuitMess Batmobile, designed to teach children seven and up about engineering and autonomous driving.


Recreational vehicle startup RINDEV announces preorder reservations of its experience driven electric side by side
Published: 31-08-2021 | 14:06:00 | By: Pie Kamau
Recreational vehicle disruptor, RINDEV, announced the opening of preorder reservations for their exciting and futuristic electric side by side, designed to address issues of global warming and overall experience.


Autonomous vehicle insurtech startup Koop Technologies raises $2.5m seed round
Published: 24-08-2021 | 15:22:00 | By: Pie Kamau
Koop Technologies, an insurance technology startup specializing in autonomous vehicle and robotics risks announced its $2.5 million seed funding.


Tel Aviv-based innovation hub Drive TLV to expand in the U.S. and Europe
Published: 17-08-2021 | 13:18:00 | By: Pie Kamau
Drive TLV, a unique innovation hub connecting high-tech Israeli startups with major corporate partners around the world, plans to begin working with U.S. and European startup companies next year.


Mobility fintech startup Moove raises $23m Series A funding to democratize vehicle ownership in Africa
Published: 13-08-2021 | 14:29:00 | By: Pie Kamau
Moove, an African mobility fintech startup, announced it has raised $23 million in Series A funding, led by Speedinvest and Left Lane Capital.


Toyota AI Ventures rebrands as Toyota Ventures, adds $300m to invest in emerging technologies and carbon neutrality
Published: 07-06-2021 | 14:45:00 | By: Pie Kamau
Toyota's first standalone, early-stage venture capital firm, Toyota AI Ventures, will change its name to Toyota Ventures and grow its total assets under management to more than $500 million with the addition of two $150 million early-stage funds.


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


Fintech startup Trust Payment expands into Ireland
Published: 30-04-2021 | 13:12:41 | By: Pie Kamau
Trust Payment has expanded into Ireland. The payments technology group will open an office in Dublin city centre as it seeks to benefit from local talent and rapid growth in the country's Fintech sector.


Berlin-based startup betteries secures €2.1m seed funding to upcycle electric vehicle batteries, avert climate change
Published: 30-03-2021 | 11:41:00 | By: Pie Kamau
Berlin-based profit for impact startup betteries has successfully closed its €2.1 million seed funding round led by impact funds Factor[e] Ventures and Beyond Black.


[Startup Interview] Noel Wilson, Lars Evers, Founders, Jellow, Netherlands
Published: 26-03-2021 | 15:21:00 | By: Bob Koigi
Jellow is an on-demand freelance startup that seeks to connect companies with freelancers directly eliminating the hustle that comes with using intermediaries. The startup’s founders Noel Wilson & Lars Evers explain.


FORT Robotics startup closes on $13m in funding
Published: 23-03-2021 | 12:34:00 | By: Pie Kamau
FORT Robotics, the first pure-play technology company creating safety-and-security solutions for autonomous machines, closed on $13 million in funding led by Prime Movers Lab.


Canadian fintech startup FIX4 set to transform car repair loan market
Published: 18-03-2021 | 12:10:26 | By: Pie Kamau
Canadian retail finance startup FIX4 Capital has joined the "Buy Now Pay Later" boom by offering instant online loan approvals so customers can enjoy flexible payment solutions for any car repair and maintenance estimates.


Recogni startup raises $48.9m Series B investment for AI-powered perception chips
Published: 18-02-2021 | 10:58:00 | By: Pie Kamau
Recogni, the developers of an AI vision cognition system for autonomous vehicles, announced $48.9 million in a Series B financing round, to help bring its perception platform to market and expand its engineering and go-to-market teams.


Plug and Play partners with MESS to create a mobility & IoT innovation hub in Istanbul, Turkey
Published: 14-01-2021 | 10:18:00 | By: Pie Kamau
Global innovation platform for startups and corporations from Silicon Valley, Plug and Play, is partnering with Turkish Employers' Association of Metal Industries MESS, in launching its newest location in Istanbul, Turkey.


Toyoda Gosei Invests in Tohoku University startup Ball Wave
Published: 01-12-2020 | 13:47:49 | By: Bob Koigi
Toyoda Gosei Co., Ltd. has invested in Ball Wave Inc., a startup from Tohoku University that develops practical applications of ball SAW sensors.


South Korean startup Autonomous a2z raises $1.9m for autonomous driving solution
Published: 26-11-2020 | 11:12:00 | By: Pie Kamau
Autonomous a2z, a member company of Born2Global Centre and Sejong Technopark, received a seed investment of $1.9 million from angel investments by individuals and partner corporations.


Porsche Ventures invests in AI startup Drivably's breakthrough inventory technology
Published: 18-11-2020 | 14:28:47 | By: Pie Kamau
Drivably, an advanced AI company that helps dealers acquire private party inventory from the right markets at the right price, has received an investment from Porsche Ventures to help Drivably further develop its technology and expand its footprint.


Dublin-based travel tech startup TripAdmit secures €500,000 funding for international expansion
Published: 05-11-2020 | 15:51:00 | By: Pie Kamau
TripAdmit, Dublin based travel tech startup that provides sales and distribution solutions for tours and activities, has secured €500,000 funding from investors, including the backing of Enterprise Ireland’s High Potential Start Up unit.


CNN partners with Hyundai to explore innovations in transport and mobility
Published: 04-11-2020 | 08:45:00 | By: Bob Koigi
CNN International Commercial (CNNIC) and Hyundai Motor Company (Hyundai) have collaborated on a cross-platform campaign that explores how innovation will change the way we will live in the future.


Toyota AI Ventures invests in Canadian robotic kitchen startup YPC Technologies
Published: 21-10-2020 | 11:50:09 | By: Pie Kamau
Toyota AI Ventures, Toyota's early-stage venture capital fund, announced its investment in YPC Technologies, a robotic kitchen startup based in Montreal, Canada.


Priothera closes €30 million Series A financing to advance leukemia therapy
Published: 13-10-2020 | 13:01:49 | By: Bob Koigi
Priothera Limited, a clinical stage company developing orally applied sphingosine 1 phosphate (S1P) receptor modulators for haematological malignancies, has announced that it has successfully closed a Series A financing round of €30 million led by Fountain Healthcare Partners.


Seegrid acquires Box Robotics to boost deep learning in manufacturing space
Published: 08-10-2020 | 14:44:44 | By: Bob Koigi
Seegrid Corporation has acquired Box Robotics, a mobile robotics startup bringing high-definition maps, three-dimensional LiDAR, and deep learning to the warehouse and manufacturing space.


Ireland biotech startup Inflazome acquired by Roche for €380 million
Published: 22-09-2020 | 15:12:00 | By: Bob Koigi
Inflazome has announced that it has closed a share purchase agreement with Roche in which Inflazome’s shareholders received an upfront payment of €380 million.


Seegrid closes $52 million in growth equity financing
Published: 15-09-2020 | 17:24:59 | By: Bob Koigi
Seegrid Corporation, the company involved in self-driving industrial vehicles for material handling, has announced that it closed a $52 million growth equity financing round.


MRM Global secures £2.6 million investment from BGF to fuel international growth
Published: 15-09-2020 | 12:28:00 | By: Bob Koigi
BGF, UK and Ireland’s most active investor, has invested £2.6 million in Edinburgh based MRM Global, a high growth, industry-leading provider of marketing technology to the global drinks and hospitality sector.


AI-based startup SafeRide expands into Germany to support, accelerate growing business in Europe
Published: 14-09-2020 | 12:56:00 | By: Pie Kamau
SafeRide Technologies, a leading provider of AI-based vehicle health management, data analytics, and cybersecurity solutions for connected and autonomous vehicles, announced the opening of a new office in Germany.


SafeButler, Liberty Mutual partner to offer instant renters insurance
Published: 04-09-2020 | 15:08:00 | By: Pie Kamau
YCombinator funded startup SafeButler has partnered with Liberty Mutual, an insurance industry leader for over 100 years, to provide instant access to a comprehensive renters insurance plan at a very low rate.


BorgWarner expands collaboration with startup ecosystem Plug and Play
Published: 03-09-2020 | 16:02:58 | By: Pie Kamau
BorgWarner announced its next venture with Plug and Play, a global innovation platform and accelerator ecosystem for startup companies, by becoming a partner of its newly planned incubator location in Detroit.


Zipp Mobility gets green light for UK e-scooter trials
Published: 17-08-2020 | 15:37:50 | By: Pie Kamau
Zipp Mobility, the Irish micromobility startup, announced the UK Department for Transport (DfT) has approved the company’s e-scooter model for use in trials across the UK.


Irish agtech startup MagGrow raises €6m Series A round
Published: 17-08-2020 | 14:37:00 | By: Pie Kamau
Irish startup MagGrow, the agtech innovator that specialises in delivering crop protection products where they matter most while protecting the environment, has completed a €6m Series A round.


AI-powered freight dispatch startup SmartHop raises $4.5 Million to fund expansion
Published: 06-08-2020 | 19:32:17 | By: Bob Koigi
SmartHo​p,​ a Florida tech-enabled dispatch solution empowering small trucking companies to grow their businesses, has announced that it has closed a $4.5 Million Seed round


U.S. startup Ossia partners with Toyoda Gosei to deliver wireless power over the air in vehicle cabins
Published: 03-08-2020 | 15:39:00 | By: Pie Kamau
Toyoda Gosei Co, a Toyota Group company, has concluded a joint development agreement with Ossia Inc, a U.S. startup that leads the world in the field of wireless power solutions.


Amdocs set to acquire Openet to accelerate adoption of 5G among customers
Published: 27-07-2020 | 14:26:00 | By: Bob Koigi
Amdocs a provider of software and services to communications and media companies has entered into a definitive agreement to acquire Openet, a global provider of 5G charging, policy and cloud technologies.


Finish startup Basemark  receives €7 million funding to accelerate vehicle automation
Published: 15-07-2020 | 16:42:51 | By: Bob Koigi
Basemark, Finland software company specializing in graphics and autonomous driving vehicle software, has successfully concluded a €7 million equity funding round by ETF Partners.


U.S. electric-vehicle startup Fisker completes $50m private financing to launch its Ocean all-electric luxury SUV in 2022
Published: 09-07-2020 | 15:04:00 | By: Pie Kamau
Fisker, designer and manufacturer of the world’s most emotionstirring, eco-friendly electric vehicles and advanced mobility solutions announced the successful completion of a $50 million Series C financing round.


ETF leads €7 million investment in Finnish startup Basemark
Published: 07-07-2020 | 14:30:00 | By: Pie Kamau
Basemark, a leading software company specialising in graphics and autonomous driving vehicle software, has successfully concluded a €7 million equity funding round by ETF Partners.


British startup Cazoo reaches unicorn status, gets extra £25m funding
Published: 23-06-2020 | 10:41:00 | By: Pie Kamau
British used-car startup Cazoo has joined the exclusive list of companies known as unicorns, with valuations in excess of $1 billion.


French startup Monk raises $2.4m Seed round to develop AI-based inspection technology
Published: 11-06-2020 | 15:23:00 | By: Pie Kamau
French startup Monk, an Artificial Intelligence focused on car damage detection announced a $2.4 million fundraising Seed round led by Iris Capital, alongside Plug and Play and key business angels.


EIT Health selects startups for Headstart 2020
Published: 05-06-2020 | 10:28:00 | By: Pie Kamau
Eighty-nine startups from across Europe have been selected to take part in the annual EIT Health Headstart programme.


Irish startup TripAdmit raises €300,000 to boost tourism industry
Published: 04-06-2020 | 15:20:06 | By: Bob Koigi
Ticketing platform TripAdmit has raised €300,000 in seed funding to expand its solution aimed at tour and activity operators.


Bolt raises €100m from Naya Capital to expand transport, food delivery services in Europe and Africa
Published: 26-05-2020 | 15:02:00 | By: Pie Kamau
Estonia-based Bolt has closed an investment round of €100m from Naya Capital Management to help the company continue to scale its product segments from ride-hailing to micro-mobility and food delivery in Europe and Africa.


Irish startup Buymie enters UK online grocery market in a deal with Co-Op
Published: 26-05-2020 | 15:02:00 | By: Bob Koigi
Irish startup Buymie has teamed-up with Co-op to offer same-day home grocery deliveries to over 200,000 households across Bristol.


BlaBlaCar partners with Voi Technology to offer e-scooters in France
Published: 26-05-2020 | 14:58:00 | By: Bob Koigi
Carpooling platform BlaBlaCar has chosen to extend its offer and partner with Swedish electric scooters company Voi Technology to offer BlaBla Ride Scooters.


Flat6Labs Tunis hosts Fifth Demo Day, graduates 8 startups digitally
Published: 25-05-2020 | 10:19:00 | By: Pie Kamau
Flat6Labs Tunis celebrated it’s fifth Demo Day online, with 8 innovative startups presenting their businesses to hundreds of registered attendees.