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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3833507 | Tags:



[Column] Richard Shaw: AI-ready cloud - How hyperscalers empower businesses to thrive in the digital age
Published: 29-08-2023 | 11:46:00 | By: Pie Kamau
Cloud computing has undergone evolution.


DBtune secures €2.4m seed funding to revolutionize AI-based database optimization
Published: 31-07-2023 | 17:04:00 | By: Pie Kamau
DBtune has successfully closed €2.4 million seed funding round led by 42Cap


Aethir closes $150m valuation, Pre-A funding round to scale decentralized cloud infrastructure
Published: 27-07-2023 | 12:45:00 | By: Pie Kamau
Singapore-based Aethir announced the completion of its Pre-A funding round.


[Column] Ronald Magondo: How cloud-native approaches are redefining business
Published: 14-07-2023 | 15:33:00 | By: Pie Kamau
Cloud-native approaches are rapidly redefining the business landscape.


[Column] Patrick Ndegwa: Journey to the centre of the cloud; why Kenya should store data locally
Published: 12-06-2023 | 15:16:00 | By: Pie Kamau
Kenyan businesses are migrating to the cloud en masse.


DoiT and Tenity target Early-stage fintech and insurtech startups with cloud computing offerings
Published: 20-04-2023 | 14:22:06 | By: Bob Koigi
Through this partnership, DoiT will become one of Tenity's trusted cloud partners, providing Tenity’s incubated startups, both current and alumni, with round-the-clock access to best-in-class cloud technology and services on Amazon Web Services (AWS), Google Cloud Platform (GCP) and Microsoft Azure.


[Column] Jon Tullett: Cloud economics for enterprises
Published: 23-03-2023 | 12:42:00 | By: Pie Kamau
When looking at cloud economics for enterprises, it is important to determine whether the cloud spend within the organisation is optimal today and will continue to be so tomorrow.


[Column] Marilyn Moodley: Conquering the biggest cloud adoption challenges with an effective strategy
Published: 06-03-2023 | 12:42:00 | By: Pie Kamau
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.


Three factors driving West African organizations’ rapid cloud adoption
Published: 03-03-2023 | 11:20:00 | By: Pie Kamau
West African businesses are adopting cloud technologies at an unprecedented rate to unlock a range of competitive capabilities through digital transformation. 


Anthropic forges partnership with Google Cloud to help deliver reliable and responsible AI
Published: 06-02-2023 | 14:19:00 | By: Pie Kamau
Google Cloud announced a new partnership with Anthropic, an AI startup focused on safety and research. Anthropic has selected Google Cloud as its preferred cloud provider.


Israeli DevOps startup Port raises $7m to build an internal developer portal that fits any engineering organization
Published: 11-11-2022 | 07:39:00 | By: Pie Kamau
Israeli DevOps startup Port announced it had raised $7 million in seed funding for its comprehensive builder-based internal developer portal. The seed round was led by TLV Partners. 


3nets concludes $11m seed round for multi-cloud workload portability solution
Published: 04-11-2022 | 09:21:00 | By: Pie Kamau
3nets.io, a Delaware corporation, announced the conclusion of $11 million seed round at a post-money valuation of $20 million. 


Manchester-based consumer insights startup Vypr raises additional £3.4m to scale its product intelligence platform
Published: 31-10-2022 | 11:17:00 | By: Pie Kamau
Fast-growing consumer insights business Vypr has received new investment of £3.4 million, at a significantly increased valuation on its last funding round in January 2021.


French cloud infrastructure startup Newboot completes first fundraising round to accelerate growth
Published: 31-10-2022 | 09:55:00 | By: Pie Kamau
Toulouse and Paris-based startup Newboot announced it has completed its first fundraising round with NOVA by Saint-Gobain and several Business Angels.


Netmaker launches with $2.3m funding to fix cloud networking with WireGuard
Published: 25-10-2022 | 12:52:00 | By: Pie Kamau
Netmaker, a cloud networking startup, announced $2.3 million in funding to launch their "superhighway for secure cloud networks." The round was led by Lytical Ventures.


Cloud-native database developer Singlestore secures $146 million financing to drive growth
Published: 05-10-2022 | 14:29:57 | By: Bob Koigi
SingleStoreDB empowers businesses to deliver superior real-time experiences by unifying transactions and analytics in the same engine – with fast, cost-efficient and powerful results.


Security and management supplier Verkada raises $205m to build an operating system for the physical world
Published: 19-09-2022 | 09:36:00 | By: Pie Kamau
Verkada, a pioneer in cloud-managed enterprise building security and management, announced a $205 million Series D funding round with new and existing venture partners.


Bain Capital leads $12m seed round for scalable blockchain startup RISC Zero
Published: 10-08-2022 | 11:35:00 | By: Pie Kamau
RISC Zero announced a $12 million seed round led by Bain Capital Crypto. Follow-on investors include Geometry, D1 Ventures and Cota Capital among others.


Data collaboration startup Sympatic raises pre-seed round to revolutionize zero-copy data use
Published: 05-08-2022 | 12:40:00 | By: Pie Kamau
Sympatic, a data collaboration platform that allows users to create and manage safe data sandboxes in their cloud of choice, announced it has raised a pre-seed round of funding led by Saltagen Ventures with participation from ScaleGood Fund.


Ukrainian and Dutch-based startup Cloudprinter.com raises €7m seed funding to grow its global print API platform
Published: 13-07-2022 | 16:05:00 | By: Pie Kamau
Cloudprinter.com, the Ukrainian and Dutch-based global print API platform raised €7 missed in a seed round led by Capital Mills.


Kenyan startup unveils multi -company single log-in cloud solution for HR -payroll consultants
Published: 13-07-2022 | 15:30:00 | By: Bob Koigi
The multi-company log-in module allows an individual consultant or company to manage centralized data, which facilitates payroll processing, pay slip, and report generating for different clients, under one account.


French space-tech startup Leanspace raises €6m to digitalize the space industry via the cloud
Published: 04-07-2022 | 16:26:00 | By: Pie Kamau
Leanspace, the company building the digital infrastructure of the space industry, announced the closing of an oversubscribed seed financing round of €6 million.


Constructiontech startup ProPlanner raises $2.7m to transform construction scheduling
Published: 27-06-2022 | 13:14:00 | By: Pie Kamau
ProPlanner (formerly Ipsum), a web-based and collaborative construction technology platform, announced it has raised $2.7 million in funding led by global software investor Insight Partners.


French startup CleverConnect merges with Talentry to lead talent acquisition in Europe
Published: 08-06-2022 | 12:36:32 | By: Pie Kamau
CleverConnect, a cloud-based recruiting solutions company, announced the merger with Talentry, a Munich-based provider of talent relationship management solutions, to counteract the current unprecedented shortage of skilled workers.


SaaS solution startup LucidLink raises $20m Series B to solve remote collaboration challenges for global creative teams
Published: 17-05-2022 | 14:40:00 | By: Pie Kamau
LucidLink, an innovative SaaS solution connecting creative teams around the world, announced it has raised $20 million in funding from investors in its Series B funding round.


AI startup GridMatrix raises $3.5m seed round to grow its proprietary cloud architecture platform
Published: 25-04-2022 | 13:16:00 | By: Pie Kamau
GridMatrix announced it has raised $3.5 million in seed funding in a round co-led by 8VC and Cota Capital, with participation from Alumni Ventures Group.


Israeli tech startup Run:ai completes proof of concept with NVIDIA
Published: 28-03-2022 | 15:54:00 | By: Pie Kamau
Run:ai, the company simplifying AI infrastructure orchestration and management, announced details of a completed proof of concept (POC) which enables multi-cloud GPU flexibility for companies using NVIDIA GPUs in the cloud.


Swiss edtech startup Alphacruncher raises €1.45m for global rollout of research cloud workspace product
Published: 16-03-2022 | 13:36:00 | By: Pie Kamau
Swiss edtech startup Alphacruncher has raised €1.45 million funding from Austrian venture capital firm Alpine Equity, NGM, private investors and existing users, to enable the global rollout of its education and research cloud workspace product, Nuvolos.


IronCore Labs launches program to give two years free data security tools to qualified startups
Published: 01-03-2022 | 10:57:06 | By: Pie Kamau
IronCore Labs, the provider of data security for modern cloud applications, announced the IronCore Labs Startup Program that gives two years of free data security tools to qualified startups.


Cloud-based-AI startup Inspectorio raises $50m to reinvent production chain with AI-powered platform
Published: 01-02-2022 | 13:41:00 | By: Pie Kamau
Inspectorio, the cloud-based AI-powered SaaS solution, announced the company has raised $50 million in a Series B Round led by New York-based global private equity and venture capital firm, Insight Partners.


Artificial Intelligence startup Rehinged launches Carenet AI platform for the healthcare industry
Published: 27-01-2022 | 11:54:33 | By: Pie Kamau
Rehinged, an AI startup that transforms external market data into actionable intelligence, announced the launch of Carenet AI, its market intelligence platform specifically built for the healthcare industry.


Israeli tech startup Polar Security emerges from stealth with $8.5m seed round to automatically protect cloud data
Published: 20-01-2022 | 10:50:00 | By: Pie Kamau
Polar Security, a cloud-native data security company, announced it has raised a $8.5 million seed financing round and launched out of stealth.


Global cloud computing company Esker to acquire majority stake in UK-based startup Market Dojo
Published: 06-01-2022 | 12:38:32 | By: Bob Koigi
The agreement states that Esker will acquire 50.1% of the shares and voting rights in the company effective Q1 2022 and the remainder of Market Dojo shares after a period of four years.


VentureIsrael Invests in NeuroBrave software startup
Published: 05-01-2022 | 10:43:41 | By: Bob Koigi
An Israeli deep tech fund VentureIsrael participated in the investment round alongside Labs/02 and Samurai Incubate. The investment will be used to accelerate R&D and go-to-market activities.


Israeli SaaS security startup Atmosec raises $6m seed round to secure SaaS ecosystems
Published: 21-12-2021 | 13:29:00 | By: Pie Kamau
Atmosec, the SaaS security venture, announced its official launch out of stealth as well as the completion of a $6 million seed funding round, led by Glilot Capital Partners and Battery Ventures.


Spa and salon marketplace startup Spa Space raises $3m seed funding to accelerate growth
Published: 21-12-2021 | 13:03:00 | By: Pie Kamau
Spa Space announced the closure of a $3 million seed round of funding. The three-sided vertical marketplace for the spa and salon industries solves the therapist shortage with a wide range of on-demand staffing solutions.


Polymer No-Code DLP closes $4m seed round to protect leakage of sensitive customer data
Published: 15-12-2021 | 14:07:00 | By: Pie Kamau
Polymer, the cloud native No-Code Data Loss Prevention (DLP) solution for third party SaaS platforms, today announced the completion of a $4 million Seed round led by Story Ventures.


Fort Ross Ventures announces first closing of $200m late-stage fund
Published: 18-11-2021 | 09:31:00 | By: Pie Kamau
Fort Ross Ventures, an international venture-capital firm focused on startups in the U.S. and Israel, announced the $100 million first closing of its late-stage fund.


Israeli data security startup Laminar emerges from Stealth with $32 million Series A funding
Published: 17-11-2021 | 17:03:59 | By: Bob Koigi
Laminar, a public cloud data protection provider, has emerged from stealth with a $32 million Series A investment, bringing the company’s total funding to $37 million.


Japanese VR startup HIKKY raises $57m Series A funding to expand its services domestically and abroad
Published: 16-11-2021 | 12:59:00 | By: Pie Kamau
Virtual reality (VR) startup and organizers of VR events in the world HIKKY raised 6.5 billion yen ($57 million) in an initial stage of its Series A funding round.


afriQloud and whitesky.cloud have put the foundation in place for a federated EMEA cloud infrastructure
Published: 05-11-2021 | 14:57:00 | By: Bob Koigi
In partnership with the European company whitesky.cloud, afriQloud has designed a completely new architecture for affordable and local cloud services.


Kenyan-based payroll startup Workpay expands to Nigeria
Published: 02-11-2021 | 11:34:00 | By: Pie Kamau
Workpay, a Nairobi-based YC graduate, is expanding its operations to Nigeria. The cloud-based workforce management startup will now offer Core HR, Payroll, and employee record services to organizations in the country.


Spiceware startup selected as finalist of UK's Trade's Global Fintech Competition
Published: 29-10-2021 | 15:20:55 | By: Pie Kamau
Spiceware, a cloud-based data security company and a member of Born2Global Centre, was selected as the "Joint Winner" at the Global Fintech Competition 2021 hosted by the British Ministry of International Trade (DIT).


London-based AI startup Humanising Autonomy raises $11m Series A funding to change how machines understand people globally
Published: 21-10-2021 | 14:10:00 | By: Pie Kamau
Humanising Autonomy, a behaviour AI company using modular, low-power computer vision technology to ethically understand and predict human behaviour raised an $11 million Series A funding round.


APX Platform announces oversubscribed seed round investments by 20% within 60 days
Published: 08-10-2021 | 13:06:00 | By: Pie Kamau
APX Platform, the aesthetic industry's only cloud-based, business intelligence, training, educational and data analytics platform for aesthetic practices, has oversubscribed its seed round investments by 20 percent within 60 days.


South Korean startup Aniai to participate in Microsoft for Startups Global Grand Final program
Published: 07-10-2021 | 12:25:31 | By: Pie Kamau
Korean startup Aniai, a member of Born2Global Centre, got selected as one of the 10 companies that will participate in Microsoft for Startups. Aniai has developed a labor solution for quick service restaurants by building a robotic kitchen.


PHYTunes startup closes $1.5m seed round to develop solution for full 5G inside residential, commercial buildings
Published: 06-10-2021 | 14:32:00 | By: Pie Kamau
PHYTunes, a player in 5G at the Edge and wireless-wireline convergence, announced it has close its seed round of $1.5 million with investors Deutsche Telekom´s hub:raum.


Rendered.ai startup raises $6m to expand developer framework for synthetic data
Published: 06-10-2021 | 14:14:00 | By: Pie Kamau
Rendered.ai announced the closing of a $6 million seed round to expand staffing and operations to scale up the Rendered.ai Platform as a Service that supports data scientists, engineers, and business innovators.


Israeli startup Appwrite raises $10m to build open source alternative to Google's firebase
Published: 29-09-2021 | 13:23:00 | By: Pie Kamau
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.


[Startup Interview] Burjiz Pithawala, Co-Founder, Elisity, USA
Published: 10-09-2021 | 10:15:00 | By: Bob Koigi
Elisity is a USA-based startup that is helping companies redefine security and access in a world transformed by cloud, mobility, and connected devices.


Energy Distribution startup Fuel Me wins Plug And Play's Supply Chain and Logistics Program
Published: 20-08-2021 | 11:55:00 | By: Pie Kamau
Fuel Me, a cloud-based fuel and energy distributor, was selected from a competition with 100 participating companies, for Plug and Play's "Supply Chain and Logistics Program".


Dialpad for Startups programme empowers founders with reliable business communication solutions
Published: 18-08-2021 | 13:39:00 | By: Bob Koigi
Dialpad for Startups is designed to help early-stage companies grow with best-in-class, unified business communications including voice, messaging, video conferencing and contact center solutions.


John Deere acquires agritech startup Bear Flag Robotics to accelerate autonomous technology on the farm
Published: 06-08-2021 | 13:49:56 | By: Pie Kamau
Deere & Company has signed a definitive agreement to acquire agritech startup Bear Flag Robotics for $250 million. Founded in 2017, the Silicon Valley-based startup develops autonomous driving technology compatible with existing machines.


Tech startup tab32 closes Series B financing to accelerate dental cloudtech transformation
Published: 06-08-2021 | 13:30:00 | By: Pie Kamau
tab32, the dental industry cloud-based, full-service technology platform, announced closing a Series B round led by Spark Growth Ventures, a technology VC firm "on a mission to support gritty and exceptional founders."


Fintech startup Rapyd raises $300m Series E to further enhance its service offering
Published: 04-08-2021 | 12:04:00 | By: Pie Kamau
Rapyd, a global Fintech as a Service company, announced a $300 million Series E funding round led by Target Global.


Confluera named top cybersecurity startup in 2021 Black Unicorn Awards
Published: 03-08-2021 | 11:26:00 | By: Pie Kamau
Confluera, the provider of next-generation cloud detection and response, has been named a winner in the "Top 10 Cybersecurity Startups" category of this year's 2021 Black Unicorn Awards, by Cyber Defense Magazine.


Ampere to acquire technology startup OnSpecta to accelerate AI inference on cloud-native applications
Published: 29-07-2021 | 15:25:21 | By: Pie Kamau
Ampere Computing announced it has agreed to acquire AI technology startup OnSpecta, strengthening Ampere Altra performance with AI inference applications.


LearnWorlds secures $32m in growth funding to help educators create and sell online courses
Published: 16-07-2021 | 14:32:00 | By: Pie Kamau
LearnWorlds, an all-in-one platform for creating and selling online courses, has secured a $32 million minority investment by global venture capital and private equity firm Insight Partners.


Agritech startup GrowFlux selected to join Wells Fargo Innovation Incubator program
Published: 14-07-2021 | 12:48:00 | By: Pie Kamau
The Wells Fargo Innovation Incubator, a technology incubator and platform funded by the Wells Fargo Foundation, has selected GrowFlux and four other startups to participate in the program's ninth cohort.


Food and beverage tech startup Botrista closes $10m Series A to make craft beverages accessible via robotic automation
Published: 29-06-2021 | 14:12:00 | By: Pie Kamau
Botrista Technology, a company revolutionizing the beverage industry with the Botrista DrinkBot, announced it has raised $10 million in a Series A funding.


Toronto-based multifamily proptech startup Yuhu launches in the US
Published: 25-06-2021 | 11:33:54 | By: Pie Kamau
Toronto-based multifamily proptech startup Yuhu announced a market entrance into the U.S. operations technology marketplace, offering their unique co-innovative property management software solution to owners and managers across the United States.


Cloud startup Golioth announces private beta launch and $2.5m seed round
Published: 03-06-2021 | 14:13:00 | By: Pie Kamau
Golioth, the cloud platform for hardware developers, announced a $2.5 million seed round in conjunction with a private beta launch for developers.


Tech startup Britive raises $10m to secure privileged access for multi-cloud enterprises
Published: 01-06-2021 | 12:58:00 | By: Pie Kamau
Britive, a cloud-native dynamic access management platform announced it has raised $10 million in a Series A funding round led by Crosslink Capital with participation from seed round investors Upfront Ventures and One Way Ventures.


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


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


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


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


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


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


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


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


InnovoEdge joins Microsoft for Startups program
Published: 16-04-2021 | 09:43:00 | By: Pie Kamau
InnovoEdge, an AI-powered multi-cloud and edge application orchestration company, announced it has joined the Microsoft for Startups program, which is designed to help business to business (B2B) startups scale with access to technology.


SWARM Engineering startup raises $2.7m in seed funding led by S2G Ventures and Serra Ventures
Published: 16-04-2021 | 08:50:00 | By: Pie Kamau
SWARM Engineering, the next generation of cognitive software for the food supply chain, announced it closed funding for a $2.7 million seed round.


OpenBots startup secures $5m of capital in seed funding to democratize automation technologies
Published: 31-03-2021 | 14:07:00 | By: Pie Kamau
OpenBots, the enterprise RPA platform with its innovative zero-cost bot licensing model, announced the raise of $5 million from undisclosed private investors in its capital seed round.


iFoodDS closes $15m in growth funding led by scaleup investor Insight Partners
Published: 25-03-2021 | 11:04:00 | By: Pie Kamau
iFoodDS, provider of food safety, traceability, and quality management solutions for the fresh food supply chain, announced the close of a $15 million Series A funding round led by Insight Partners.


Usage AI startup raises seed round led by Tinder founder Justin Mateen
Published: 25-03-2021 | 10:38:45 | By: Pie Kamau
Usage AI (usage.ai), a platform that empowers companies to reduce their monthly cloud expenditure, announced the close of its seed round led by Tinder Founder Justin Mateen.


No-code business intelligence startup y42 raises $2.9m for scalable and affordable data stack
Published: 23-03-2021 | 12:53:00 | By: Pie Kamau
y42 (formerly Datos Intelligence), a no-code business intelligence platform, announced a seed round of $2.9 million, led by La Famiglia VC. Additional investors include the co-founders of Foodspring, Personio and Petlab.


Plug and Play, Finastra partner to expand FusionFabric.cloud platform for open innovation
Published: 22-03-2021 | 15:16:00 | By: Pie Kamau
Plug and Play announced a collaboration with Finastra, global financial technology provider, to help expand its FusionFabric.cloud platform for open innovation.


SchooLinks startup lands $8.3m Series A for college, career success for diverse student population
Published: 18-03-2021 | 12:49:00 | By: Pie Kamau
SchooLinks, an Austin, TX startup founded by Forbes 30 under 30 entrepreneur Katie Fang to democratize access to modern career and college planning resources for the broader student population, raised an $8.3m Series A funding.


Canadian cybersecurity startup Turnstil.Cloud bot analytics & management for cloudflare emerges from stealth
Published: 11-03-2021 | 09:36:20 | By: Pie Kamau
Turnstil.Cloud, a Canadian cybersecurity startup specializing in real-time bot analysis and management, announced it has emerged from stealth with the publication of a SaaS bot management solution for Cloudflare users.


Fintech startup Cube raises $10m Series A to expand next-geneneration CFO intelligence platform
Published: 10-03-2021 | 16:01:00 | By: Pie Kamau
Cube, the next-generation Financial Planning & Analysis (FP&A) platform for modern Finance teams, announced a Series A round of funding led by Mayfield, with participation from Bonfire Ventures and Operator Collective.


Cloud infrastructure startup Pipe17 raises $8m to help high-growth e-Commerce merchants close demand and operations gap
Published: 23-02-2021 | 08:06:00 | By: Pie Kamau
Pipe17, the connected infrastructure company for e-commerce, announced the closing of an $8 million round of funding led by GLP Capital Partners, the U.S.-based investment arm of GLP.


Connected accounting startup Lockstep closes $10m Series A
Published: 15-02-2021 | 15:05:00 | By: Pie Kamau
Lockstep, the world's first connected accounting cloud, announced the close of a $10 million Series A funding round led by Point72 Ventures with participation from Clocktower Ventures and Revel Partners.


Software reliability startup Nobl9 secures $21m Series B funding
Published: 11-02-2021 | 09:07:00 | By: Pie Kamau
Nobl9, the software reliability platform company, secured $21 million in Series B funding and launched its flagship product to define the landscape of the next major innovation in cloud infrastructure operations.


Boston-based data insights startup Resultably helps businesses understand and predict workforce efficiency
Published: 04-02-2021 | 15:49:00 | By: Pie Kamau
Resultably, a data insights platform powered by artificial intelligence (AI) and machine learning launched publicly, integrating with business tools Google, Microsoft, Zoom, Slack, and Zenefits to help companies unlock business insights.


Belgian startup Soda raises €11.5m Series A funding to bring everyone closer to data
Published: 02-02-2021 | 13:21:00 | By: Pie Kamau
Soda announced it has raised €11.5 milion Series A financing to accelerate the development of its data monitoring platform that streamlines how teams find the data worth fixing.


Tech startup CloudNatix raises $4.5m seed round to transform cloud and on-premise infrastructure operations
Published: 22-01-2021 | 15:16:00 | By: Pie Kamau
CloudNatix, a provider of efficient infrastructure across multiple clouds and on-premise environments, announced the closing of $4.5 million Seed round financing.


Analytics startup Quantifind secures $22m financing to accelerate market for automated financial crime and risk investigation
Published: 22-01-2021 | 14:02:00 | By: Pie Kamau
Quantifind, a provider of solutions that use data science to help automate financial crimes investigations announced a strategic growth funding round of $22 million.


Rescale named to Y Combinator's top companies list
Published: 15-01-2021 | 12:00:25 | By: Pie Kamau
Rescale, the hybrid HPC cloud platform enabling intelligent computing for digital R&D, was named to Y Combinator's Top Companies list, reaffirming its position as a power player among startups.


[Startup Interview]  Julien Morin, CEO, Wiboot, France
Published: 16-12-2020 | 10:07:00 | By: Bob Koigi
Wiboot is a French-based startup that combines IOT and AI different stacks in a single integrated platform, allowing professionals to create rapidly their application and maximize their return on investment.


South Africa agritech startup Aerobotics raises funds for global expansion
Published: 16-12-2020 | 09:05:40 | By: Bob Koigi
FMO and Cathay AfricInvest Innovation have invested in Aerobotics, a South African AgriTech startup developing intelligent tools to the feed the world.


Scale Venture Partners announces close of new $600m fund
Published: 04-12-2020 | 13:50:00 | By: Pie Kamau
Scale Venture Partners announced it has closed Scale Venture Partners Fund VII with $600 million in committed capital.


Tech startup Fylamynt launches with $6.5m seed to automate cloud workflows
Published: 03-12-2020 | 14:36:00 | By: Pie Kamau
Fylamynt, a cloud automation platform, announced its launch with $6.5 million in seed funding led by Gradient Ventures, Google's AI-focused fund, with additional investment from Mango Capital and Point72 Ventures.


Iron Pillar invests $4 million in cloud governance startup CoreStack
Published: 03-12-2020 | 13:48:26 | By: Bob Koigi
Iron Pillar, a venture growth investor backing companies built from India, has announced a $4 million investment in CoreStack, a cloud governance and compliance SaaS startup based in Seattle with development in Chennai.


[Column] Patrick Ndegwa: Celebrating startups and digital businesses that are uplifting African communities
Published: 30-11-2020 | 15:39:17 | By: Pie Kamau
The digital economy has opened up many opportunities for global businesses. Large enterprises and small businesses have seen increased profits and enhanced productivity due to digital innovation.


Biometrics startup Levels raises $12m seed round to mainstream Biowearables, improve metabolic health
Published: 30-11-2020 | 15:01:00 | By: Pie Kamau
Levels, the first biowearable system to provide real-time feedback on how your diet impacts your health announced a $12 million seed round led by a16z, one of Silicon Valley's top venture capital firms.


New manufacturing startup JTEC Energy announces the close of its initial seed round
Published: 30-11-2020 | 14:33:00 | By: Pie Kamau
New manufacturing startup JTEC Energy announced it closed on an initial seed fundraising round, to hire additional scientists and engineers in order to accelerate the development of the the company.


CerraCap Ventures, Exfinity Venture Partners join forces for new growth
Published: 30-11-2020 | 13:48:00 | By: Pie Kamau
CerraCap Ventures and Exfinity Venture Partners announced their global strategic partnership integrating CerraCap's unique Sales & Scale model with Exfinity's stated vision helping develop global enterprise startups leveraging the Indo-US corridor.


25 African tech startups qualify for Seedstars regional competition
Published: 30-11-2020 | 13:27:39 | By: Pie Kamau
25 African tech startups have qualified for the Seedstars World Competition 2020. The startups are among the 94 from emerging markets that were selected to advance to the regional stage of the competition.


South Korean AI startup lululab secures Series B funding led by Netmarble
Published: 30-11-2020 | 13:18:39 | By: Pie Kamau
AI startup lululab, a member company of Born2Global Centre, has successfully attracted Series B funding from Netmarble, Korea's leading game developer, as well as from other companies.


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.


Tech startup Nestlings raises $1.5m to help international students through college application process
Published: 26-11-2020 | 10:52:00 | By: Pie Kamau
Nestlings, an online portal that guides international students through the process of applying to colleges in the US, Canada, and the UK, has raised $1.5 million in a Seed Round of funding from Candid Ventures.


SEED SPOT wins $300k EDA grant in partnership with Canyon Angels
Published: 26-11-2020 | 10:34:00 | By: Pie Kamau
SEED SPOT and Canyon Angels will train 180 angels to grow the robust investing community in Arizona and create more access to early-stage funding for entrepreneurs with a focus on EdTech, MedTech, and CleanTech.


Genomic medicines startup Metagenomi closes $65m led by Leaps by Bayer and Humboldt Fund
Published: 26-11-2020 | 10:17:00 | By: Pie Kamau
Metagenomi, a next generation gene editing company launched by UC Berkeley scientists in 2018, successfully completed a $65 million Series A financing round and emerged from stealth mode.


ITIDA, AUC Venture Lab kick off Startup Launchpad to enrich Egyptian entrepreneurship ecosystem
Published: 25-11-2020 | 16:02:00 | By: Pie Kamau
ITIDA (IT Industry Development Agency) and AUC Venture Lab announced their collaboration on Startup Launchpad, a capacity-building program that empowers entrepreneurs as they launch their technology startups.


Nigerian mobility startup Plentywaka expands car-hailing service in Delta State
Published: 25-11-2020 | 15:52:20 | By: Pie Kamau
Nigerian mobility startup Plentywaka, announced the launch of a new car-hailing service, Wakacab in Asaba and Warri Delta State, borne out of the need to expand and improve on the limited transport links in southern Nigeria.


Life science startup Correlia Biosystems closes $7m Series A to enable product launch
Published: 25-11-2020 | 15:23:00 | By: Pie Kamau
Correlia Biosystems, a Berkeley, CA based life science startup, announced it has closed a $7 million Series A financing round with select global investors.


Early-stage venture firm MGV Capital announces initial closing of its new Capital Fund
Published: 25-11-2020 | 15:09:42 | By: Pie Kamau
Early-stage venture capital firm, MGV Capital Group, announced it has held an initial closing of its new fund, MGV Capital Fund, to invest in early stage software technology companies.


Equinix invests $55m to build its third data center in Osaka, Japan
Published: 25-11-2020 | 14:48:00 | By: Pie Kamau
Equinix, the world's digital infrastructure company, announced an initial investment of $55 million to build its third International Business Exchange (IBX) data center in Osaka, Japan.


Contour Venture Partners closes oversubscribed $82m fourth seed fund
Published: 24-11-2020 | 13:32:00 | By: Pie Kamau
Contour Venture Partners, a New York City based seed stage venture capital firm, announced the closing of Contour Venture Partners IV with $82 million of capital commitments, exceeding its target of $75 million.


Food & beverage e-commerce startup Feast & Fettle raises $1.2m to expand into Massachusetts and Connecticut
Published: 24-11-2020 | 13:10:00 | By: Pie Kamau
Feast & Fettle, a premium, fully-prepared meal delivery service based out of Rhode Island, announced the closing of a $1.2 million Seed round led by Salem Capital Management.


Singapore-based Plano wins world's most innovative healthtech startup
Published: 24-11-2020 | 12:45:00 | By: Pie Kamau
Up against 64 global healthtech startups, Plano has emerged as the winner of Galen Growth's World's Most Innovative Healthtech Startup 2020 Award.


Biotech startup Mekonos raises $4.6m for its gene engineering platform
Published: 24-11-2020 | 12:09:00 | By: Pie Kamau
Mekonos, a biotech company launching the first-of-its kind system-on-a-chip (SoC) for targeted ex vivo gene engineering, announced it has completed a $4.6 million financing round.


Israeli consumer intelligence startup Konnecto closes $3.5m seed round, launches 'Reveal & Disrupt'
Published: 23-11-2020 | 16:19:00 | By: Pie Kamau
Konnecto, the consumer intelligence platform enabling brands to gain visibility into the earliest stages of the consumer journey, announced the completion of a $3.5 million seed round, led by TPY Capital.


Fintech startup Credit Key closes $33m Series A financing, expands footprint in B2B payments
Published: 23-11-2020 | 16:00:00 | By: Pie Kamau
Credit Key, the B2B e-commerce payments solution, closed $33.85 million in total series A financing to support growth with participation from Greycroft, Bonfire Ventures, Loeb.nyc and other investors.


African fintech startup Chipper Cash raises $30m backed by Amazon CEO Jeff Bezos
Published: 23-11-2020 | 15:02:00 | By: Pie Kamau
African fintech startup Chipper Cash has secured a $30 million Series B funding round led by Ribbit Capital with participation of Bezos Expeditions, the personal venture capital fund of Amazon CEO Jeff Bezos.


South African fintech startup Ukheshe to acquire Oltio, strengthens partnership with Mastercard
Published: 23-11-2020 | 07:53:00 | By: Pie Kamau
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.


Kwik Delivery startup partners with Total on e-commerce fulfilment and delivery service in Nigeria
Published: 23-11-2020 | 07:44:26 | By: Pie Kamau
Nigerian e-commerce startup Kwik Delivery has partnered with Total Nigeria, to develop an e-commerce fulfilment and delivery service in Nigeria.


Venture Noire announces second fundraising cycle to support minority owned businesses
Published: 20-11-2020 | 13:18:50 | By: Pie Kamau
Venture Noire, a non-profit organization dedicated to supporting Black and minority entrepreneurs, announced the completion of its initial program funded by a grant from the Walton Family Foundation.


South Korea's StradVision joins NVIDIA Inception program as premier partner
Published: 20-11-2020 | 12:59:59 | By: Pie Kamau
StradVision has joined NVIDIA Inception, a virtual accelerator program designed to nurture companies that are revolutionizing industries with advancements in AI and data sciences.


GR0 launches SEO studio for direct-to-consumer startups
Published: 20-11-2020 | 12:47:00 | By: Pie Kamau
Digital marketing agency GR0 has officially launched a startup studio located in the Playa Vista area with a main focus in organic growth for direct-to-consumer startups.


Bamboo Capital, Government of Madagascar, World Bank launch $40m energy access fund for Madagascar
Published: 20-11-2020 | 12:32:00 | By: Pie Kamau
Bamboo Capital Partners has been appointed by the Government of Madagascar and the World Bank as the international fund manager for the Off-Grid Market Development Fund, a $40 million renewable energy access fund.


Citi announces strategic investment in UK startup Dextcloud
Published: 19-11-2020 | 13:31:33 | By: Bob Koigi
Dextcloud, an API “Low Code Application Platform” (LCAP) startup based in the UK, has received a strategic investment from Citi.


African tech startups secure funding from Orange Ventures MEA Seed Challenge
Published: 19-11-2020 | 11:19:00 | By: Pie Kamau
Six African tech startups and one Jordanian startup have secured funding from Orange Ventures Africa & Middle East.


Dakota Johnson joins sexual wellness startup maude as Co-creative Director & Investor
Published: 18-11-2020 | 15:20:00 | By: Pie Kamau
Sexual wellness startup maude announced that Dakota Johnson will be joining the category-defining sexual wellness brand as co-creative director and investor.


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.


Snowflake announces global startup challenge to fuel next generation of apps in the data cloud
Published: 18-11-2020 | 13:21:40 | By: Bob Koigi
Snowflake, creator of the Data Cloud, has announced its first-ever global Startup Challenge.


South Africa's MetroFibre Networx completes new capital raise from AIIM and STOA
Published: 18-11-2020 | 11:25:26 | By: Pie Kamau
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.


Ibnsina Pharma acquires 75% stake in Egyptian health and beauty products startup 3elagi
Published: 18-11-2020 | 10:25:12 | By: Pie Kamau
Ibnsina Pharma signed an agreement to acquire 75% stake in Egyptian health and beauty products startup 3elagi Tech, a platform that links pharmacies with patients to order medicines and cosmetics online.


Readout Health startup partners with Apollo Health for management of neurodegenerative disease
Published: 17-11-2020 | 14:10:20 | By: Pie Kamau
Readout Health, a digital biomarker startup, announced partnership with Apollo Health, a health technology leader in neurodegenerative medicine.


Berlin startup DigiWhat launches international B2B case studies standard
Published: 17-11-2020 | 13:37:27 | By: Pie Kamau
Berlin startup DigiWhat launched international B2B case studies standard to simplifiy marketing, matchmaking and lead generation efforts for tech companies, venture builders and events.


UAE fintech startup Sarwa unveils next gen Sarwa X, announces partnership with Saxo Bank
Published: 17-11-2020 | 13:09:00 | By: Pie Kamau
Sarwa, online investment advisory platform for young professionals has unveiled its next-generation Sarwa X, a new product powered by a strategic partnership with Saxo Bank, a Fintech and Regtech specialist focused on multi-asset trading and investment.


Burges Karkaria joins AI startup Censia as CTO
Published: 17-11-2020 | 12:23:00 | By: Pie Kamau
Burges Karkaria, former Chief Technology Officer of Enterprise at Intel Corporation, has joined Bay Area startup Censia, a provider of talent intelligence, recruiting and workforce management technology, as CTO.


[Startup Interview] Jon Cooper, CEO, Life.io, USA
Published: 17-11-2020 | 12:14:00 | By: Bob Koigi
Life.io is a US-based startup that helps companies accelerate the development of their end-to-end digital client experience with the Life.io Solution Suite: Grow, Engage and Empower. Jon Cooper the startup’s co-founder and CEO elaborates.


Swiftarc Ventures invests in biosafety startup R-Zero to fast-track its UV-C disinfecting device
Published: 16-11-2020 | 13:43:11 | By: Pie Kamau
Swiftarc Ventures, an early and growth stage Venture Capital firm focused on the next generation of Consumer and Consumer Health disruptors, has made its first portfolio investment in biosafety startup R-Zero.


Chinese autonomous truck startup Inceptio Technology raises $120m to accelerate volume production
Published: 16-11-2020 | 13:24:00 | By: Pie Kamau
Inceptio Technology, an autonomous truck company, announced a $120 million funding led by Contemporary Amperex Technology, developer and manufacturer of lithium-ion batteries.


Bridge for Billions launches Global Investors Network to connect entrepreneurs with investment opportunities
Published: 16-11-2020 | 13:06:00 | By: Pie Kamau
Bridge for Billions has launched its Global Investors Network, which aims to help make the investment ecosystem accessible to all promising purpose-driven ventures.


Africa-focused VC fund Outlierz Ventures invests in three Nigeria startups
Published: 16-11-2020 | 12:56:28 | By: Pie Kamau
Africa-focused Morocco-based B2B VC fund Outlierz Ventures has announced new investments into three Nigerian startups - Bamboo, Youverify and Healthlane.


AI Media Group launches Africa’s first AI-focused free investment matchmaking service for African startups
Published: 16-11-2020 | 12:45:00 | By: Pie Kamau
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).


Bentley Systems commits $100m venture funding to accelerate infrastructure digital twins
Published: 13-11-2020 | 14:13:00 | By: Pie Kamau
Bentley Systems, the infrastructure engineering software company, announced the establishment of Bentley iTwin Ventures to invest in promising technology companies addressing the emerging opportunity for infrastructure digital twin solutions.


Dairy snack startups compete for $200,000 in Real California Milk Snackcelerator
Published: 13-11-2020 | 12:06:00 | By: Pie Kamau
Ice cream infused with vegetables, to-go premium cheese snacks, decadent chocolate mousse and flavored paneer make up the finalists announced in the Real California Milk Snackcelerator product innovation competition.


Blackbaud Social Good Startup Program supports emerging companies to drive innovation
Published: 13-11-2020 | 11:39:07 | By: Pie Kamau
Blackbaud, cloud software company powering social good, is accepting applications for the Blackbaud Social Good Startup Program, a unique, yearlong program designed to drive innovation.


Digital investment platform Clim8 smashes target for latest funding campaign by 600%
Published: 13-11-2020 | 11:14:00 | By: Pie Kamau
As interest in sustainable investing continues to grow apace, Clim8 Invest (Clim8), a digital investment platform that help consumers invest exclusively in companies focused on tackling the climate crisis, has raised a further £2.4 million in funding.


British fintech startup ilumoni raises $450,000 to transform borrowing behaviours, help people repay debt
Published: 12-11-2020 | 13:34:00 | By: Pie Kamau
ilumoni, the fintech startup helping people to borrow better, save on unnecessary interest and time in paying off debts has raised $450,000 pre-seed investment backed by Move Ventures.


Tech startup Roots Automation secures $3.2m to expand AI capabilities, accelerate customer acquisition
Published: 12-11-2020 | 13:17:00 | By: Pie Kamau
Roots Automation, the NYC-based Digital Coworkers as a Service company, has raised a $3.2 million seed round led by Vestigo Ventures.


October Startup Sentiment Index shows three-month trend in advancing startup timelines
Published: 12-11-2020 | 12:57:50 | By: Pie Kamau
The number of respondents agreeing that now is a good time to start a business reached a three-month high at 60.6% in October.


Medtech startup Immertec partners with Orthopaedic Foundation to demonstrate effectiveness of VR surgical training
Published: 12-11-2020 | 12:42:56 | By: Pie Kamau
Orthopaedic Foundation has partnered with medtech startup Immertec, to conduct research to evaluate the effectiveness of VR for remote surgical training.


Peer-to-peer solar leasing startup Sun Exchange announces African expansion in Zimbabwe
Published: 11-11-2020 | 15:13:00 | By: Pie Kamau
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.


Remote selling startup Demoflow secures $1.6 m seed round to build additional key product features
Published: 11-11-2020 | 14:31:00 | By: Pie Kamau
Collaborative remote selling platform Demoflow announced its Seed Capital raise of $1.6 million led by FirstMile Ventures with other major participants including Slack Fund, RTP Seed, Next Frontier Capital and Heroic Ventures.


Nearly 60% of startup founders say operating costs are their top spending priority in the first quarter
Published: 11-11-2020 | 14:03:00 | By: Pie Kamau
While the long-term economic effect of the COVID-19 pandemic is still unknown, the remote work period has forced startups to adjust their spending priorities, according to a new survey from Clutch, a B2B ratings and reviews platform.


Social podcasting startup Bitcast partners with Podcast Notes for joint launch of new iOS clipping app
Published: 11-11-2020 | 13:52:49 | By: Pie Kamau
Los Angeles based social podcasting platform Bitcast has partnered with Podcast Notes, a publisher in the podcast space, for the launch of a new iOS app that lets listeners 'Magically Clip, Collect and Share the best moments in Podcasts'.


Chicago startup qReveal launches affordable QR code menu and price list solution
Published: 10-11-2020 | 12:31:56 | By: Pie Kamau
Responding to the challenging scene of a myriad of health and safety protocols facing restaurants and other businesses, Chicago startup qReveal has launched a platform that builds easy to use QR code menus and price lists.


Former Bitcoin.com CEO launches Sonic Capital, Asia's first tokenized venture investment fund
Published: 10-11-2020 | 12:19:00 | By: Pie Kamau
Former Bitcoin.com CEO Stefan Rust announced the launch of Sonic Capital, Asia's first venture capital and impact investment fund to be tokenized on the blockchain.


[Startup Interview] Almasi Ndangili, Founder, Imarisha East Africa Productions, Kenya
Published: 10-11-2020 | 11:57:00 | By: Bob Koigi
Almasi Ndangili is the founder of Imarisha East Africa Productions Ltd, a Kenya-based talent academy promoting education through edutainment. The startup has invested in TV Shows, event organization, book launches, talent development, TV Script writing, Africanized animations, digital publishing and branding.


Tech startup Cellwize secures $32m Series B financing to expand its global footprint
Published: 10-11-2020 | 11:33:00 | By: Pie Kamau
Cellwize, a global leader in mobile network automation and orchestration, announced a $32 million Series B funding round in its parent company, Cellwize Wireless Technologies, led by Intel Capital and Qualcomm Ventures.


Israeli cybersecurity startup ReSec Technologies raises $4m Series A funding for expansion
Published: 10-11-2020 | 09:51:00 | By: Pie Kamau
ReSec Technologies, a cyber security company that protects organizations from file-based malware threats, announced the completion of its $4 million Series A round of financing.


Mastercard co-innovates with 10 new fintechs to reshape the future of commerce
Published: 10-11-2020 | 07:30:00 | By: Pie Kamau
Mastercard has welcomed 10 fintechs from around the world to participate in its startup engagement program, Start Path, to scale the future of commerce.


Kenyan fintech startup Kwara launches Customer Success Traineeship Program for university graduates
Published: 09-11-2020 | 15:24:05 | By: Pie Kamau
Kwara, a digital banking platform in Kenya announced the launch of a Customer Success Traineeship Program. The program is part of the company’s broader agenda to build capacity for rising young Kenyan professionals.


Swedish fintech startup Payer launches beta test program to revolutionize customer registration in B2B e-commerce
Published: 09-11-2020 | 14:51:00 | By: Pie Kamau
Financial Services startup Payer has developed a new registration product that revolutionizes how customer relationships are made between companies online.


Nigerian HR startup SeamlessHR raises seven-figure funding to expand across Africa
Published: 09-11-2020 | 09:30:00 | By: Pie Kamau
Nigeria’s HR startup SeamlessHR has closed a seven-figure deal as it seeks to expand across other African markets.


African startups more investible now than ever
Published: 09-11-2020 | 09:20:00 | By: Pie Kamau
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.


Mohammed VI Polytechnic University partners with Plug and Play to launch accelerator programme in Morocco
Published: 09-11-2020 | 09:13:33 | By: Pie Kamau
Mohammed VI Polytechnic University (UM6P), an academic and research institution, has partnered with global innovation platform, Plug and Play, to launch an Open Innovation Hub in Morocco, with the support of OCP Group.


Cado Security raises $1.5 Million funding to bolster cybersecurity tech
Published: 07-11-2020 | 13:08:23 | By: Bob Koigi
Cado Security, a provider of the world’s first cloud-native cyber forensics and response platform Cado Response, has announced the close of a $1.5 million seed round led by Ten Eleven Ventures.


Swiss biotech startup Memo Therapeutics raises €13.9m to support clinical development of potent antibodies
Published: 06-11-2020 | 14:13:00 | By: Pie Kamau
Swiss biotech startup Memo Therapeutics AG, an innovator in the field of antibody discovery and immune repertoire analysis, announced it has raised €13.9 million in Series B financing.


Kenyan agritech startup Farmers Pride raises $220k funding from Gray Matters Capital’s coLABS
Published: 06-11-2020 | 13:15:00 | By: Pie Kamau
US-based impact investor Gray Matters Capital announced its funding in Kenya's agritech startup Farmers Pride, a one stop e-commerce platform that connects village level farmers to quality inputs, services and information.


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.


Dutch biotech startup Salvia BioElectronics receives FDA Breakthrough Device Designation for innovative neurostimulation solution
Published: 05-11-2020 | 15:30:00 | By: Pie Kamau
Salvia BioElectronics, a neurostimulation platform targeting chronic migraine, announced that the U.S. FDA has granted Breakthrough Device Designation for its implantable neurostimulation system to address chronic migraine.


Armenian AI startup Podcastle raises $1.75m seed round to create next-gen podcast platform
Published: 05-11-2020 | 14:37:00 | By: Pie Kamau
Podcastle, a company developing podcast creation tools for amateur and professional podcasters and a streaming platform for listeners, announced a $1.75 million seed funding led by Sierra Ventures.


Paxful partners with African fintech startup Uhuru Wallet to ease money transfers
Published: 04-11-2020 | 11:49:00 | By: Pie Kamau
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.


Human API startup raises over $20m funding to scale consumer-controlled health data ecosystem
Published: 04-11-2020 | 11:20:00 | By: Pie Kamau
Human API, company empowering consumers to connect and share electronic health data with companies they trust, announced it has raised over $20 million in Series C funding, to scale consumer-controlled health data ecosystem.


Travel booking startup Tripbnb.com uses AI to link travelers and accommodation quickly
Published: 04-11-2020 | 10:53:00 | By: Pie Kamau
Taiwanese travel booking startup Tripbnb.com is helping domestic accommodation providers draw up new business strategies and the country's travel industry had to enhance their technical standards with AI-based systems.


AI startup ATLAN Space raises $1m Series A funding from Maroc Numeric Fund II for expansion
Published: 04-11-2020 | 09:27:00 | By: Pie Kamau
Aerial vehicle Artificial Intelligence startup ATLAN Space has raised $1m Series A funding from Maroc Numeric Fund II with participation from Hilmi Law Firm and Cadex Group, for business expansion.


Nigerian CcHUB acquires Kenyan edTech startup eLimu
Published: 04-11-2020 | 08:46:00 | By: Pie Kamau
Kenya’s technology Incubation and Accelerator space iHub owned by Co-creation Hub (CcHUB) has announced the acquisition of edtech startup and digital educational content provider eLimu.


Imperial partners with Kenyan logistic startup Lori Systems to expand e-logistics technology solutions across Africa
Published: 04-11-2020 | 08:37:29 | By: Pie Kamau
Imperial, an African and European-focused provider of integrated market access and logistics solutions, announced an investment in and partnership with Lori Systems to expand its cutting-edge e-logistics technology solutions across Africa.


Nigerian rental financing startup Kwaba secures funding from Ingressive Capital for expansion
Published: 03-11-2020 | 15:42:27 | By: Pie Kamau
Ingressive Capital, a $10 million VC fund targeting early-stage startups across Sub-Saharan Africa, announced its investment in Nigerian rental financing startup Kwaba.


German startup 4tiitoo launches NUIA Full Focus, smart software for natural eye contact in video calls
Published: 03-11-2020 | 12:47:00 | By: Pie Kamau
Munich-based startup 4tiitoo (forty two), which specializes in gaze control of computers, launched NUIA Full Focus, a software that creates natural eye contact with conversation partners in video calls intelligently and without artificial image adjustments.


Procter & Gamble Ventures brings Innovation Challenge online for CES 2021
Published: 03-11-2020 | 12:22:00 | By: Pie Kamau
Following the success of its first-ever Virtual Innovation Challenge in June, P&G Ventures, the early-stage startup studio within P&G, is now accepting submissions for its next virtual pitch competition.


Cleantech startup Skeleton Technologies joins European Clean Hydrogen Alliance
Published: 03-11-2020 | 11:57:00 | By: Pie Kamau
Estonian cleantech startup Skeleton Technologies has joined the European Clean Hydrogen Alliance, an initiative of European stakeholders who want to engage and contribute to the deployment of renewable and low-carbon hydrogen.


Estonian cleantech startup Skeleton Technologies raises €41.3m from European entrepreneurs
Published: 03-11-2020 | 11:24:00 | By: Pie Kamau
Skeleton Technologies, global cleantech 100 company and largest European manufacturer of ultracapacitor-based energy storage, has completed a €41.3 million financing round.


[Startup Interview] Joris van Lierop, founder, The Content Exchange, Netherlands
Published: 03-11-2020 | 06:37:00 | By: Bob Koigi
The Content Exchange is a Dutch startup that targets editors, publishers and freelancers by offering them a content market place where they can do business with each other directly. The startup’s founder Joris van Lierop explains.


Next-generation consumer products startup The Naked Market closes $6m seed funding round
Published: 02-11-2020 | 15:51:00 | By: Pie Kamau
The Naked Market, San Francisco-based CPG brand, has closed $6 million seed funding round, with participation from several investors.


Fintech startup ORSNN launches whole-loan trading platform to beta
Published: 02-11-2020 | 15:33:00 | By: Pie Kamau
ORSNN, a fintech startup that builds end-to-end solutions for managing and trading loan portfolios, launched a private beta platform that provides financial institutions with a low-cost, transparent, and automated loan-trading system.


Nestlé USA acquires food delivery startup Freshly
Published: 02-11-2020 | 15:11:00 | By: Pie Kamau
Nestlé announced it has acquired food delivery startup Freshly, fresh-prepared meal delivery services in the U.S. The deal values Freshly at $950 million, with potential earnouts up to $550 million contingent to the successful growth of the business.


MENA healthtech startup Vezeeta expands into Kenya
Published: 02-11-2020 | 14:45:00 | By: Pie Kamau
Middle East and North Africa (MENA) healthtech startup Vezeeta has expanded its footprint into Kenya by launching a platform that will enable Kenyans access doctors from their smart phones.


Motion tech startup DeepMotion makes motion capture accessible with launch of Animate 3D
Published: 29-10-2020 | 14:24:00 | By: Pie Kamau
As part of its drive to revolutionize Motion Intelligence, DeepMotion has officially launched their 3D animation cloud service Animate 3D.


Tech startup KēlaHealth raises $12.9m to deliver AI-powered, clinician-centered solutions to improve surgical care
Published: 28-10-2020 | 14:23:00 | By: Pie Kamau
KēlaHealth, announced the closing of a $2.9 million Seed financing and milestone-based $10 million Series A financing led by Santé Ventures and Intuitive Ventures.


kathy ireland Worldwide expands health advocacy through partnership with tech startup mymedicalimages.com
Published: 28-10-2020 | 13:38:53 | By: Pie Kamau
Medical imaging technology startup mymedicalimages.com has partnered with kathy ireland Worldwide (kiWW) for a new, cutting-edge patient-centric medical image sharing platform.


Madison-based AI startup DataChat closes $4m seed round to accelerate democratization of data analytics
Published: 23-10-2020 | 10:34:00 | By: Pie Kamau
DataChat, a University of Wisconsin-Madison spinout with a sophisticated yet intuitive data analytics platform announced the closing of a $4 million seed funding round led by Silicon Valley venture capital firms WRVI Capital and Nepenthe Capital.


New York healthtech startup Ezra receives FDA clearance for prostate cancer AI
Published: 22-10-2020 | 11:22:01 | By: Pie Kamau
Ezra, healthtech startup transforming early cancer screening using MRI, announced it has received FDA 510(k) premarket authorization for its Artificial Intelligence, designed to decrease the cost of MRI-based cancer screening.


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.


Phunware launches MaaS Customer Data Platform to meet global demand
Published: 21-10-2020 | 11:26:08 | By: Bob Koigi
Phunware, Inc. , a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide has launched its Multiscreen-as-a-Service (MaaS) Customer Data Platform.


Seattle biotech startup Genemod raises $1.7m in oversubscribed seed round to drive next generation medicine
Published: 14-10-2020 | 15:09:00 | By: Pie Kamau
Genemod, a software solution for life scientists that uses data automation to streamline and accelerate research announced a $1.7 million seed funding round led by Defy.vc.


Cloud cost management startup Yotascale raises $13 million to scale operations
Published: 13-10-2020 | 13:13:47 | By: Bob Koigi
Yotascale ,US startup involved in next-generation cloud cost management software, has secured $13 million for its Series B round, bringing its total capital raised to $25 million.


Caroll adopts Openbravo OMS and POS solutions to accelerate omnichannel retail strategy
Published: 12-10-2020 | 13:06:31 | By: Bob Koigi
Openbravo, the global cloud-based omnichannel platform vendor for agile and innovative commerce, has announced that it has been awarded a contract by Caroll International, the French fashion retailer.


MessageBird raises $200 million financing to expand to Europe, Asia and Latin America
Published: 09-10-2020 | 11:20:00 | By: Bob Koigi
MessageBird, the world’s omnichannel cloud communications platform, has announced the closing of a new $200M Series C round led by Silicon Valley’s Spark Capital at a $3 billion valuation.


ECI buys cloud based construction startup BOLT Software
Published: 08-10-2020 | 14:55:00 | By: Bob Koigi
ECI Software Solutions, a company involved in cloud-based business management solutions has announced that it has acquired BOLT Software, a cloud-based construction business management solution.


German tech startup CloudRadar launches new data center in Johannesburg, South Africa
Published: 08-10-2020 | 09:28:00 | By: Pie Kamau
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.


Swiss healthtech startup Mobile Health AG selects Infosys for its commercial launch of Consilium Care
Published: 07-10-2020 | 11:51:00 | By: Pie Kamau
Infosys, next-generation digital services and consulting company has been selected by Mobile Health AG to enhance the go-to-market (GTM) strategy for its electronically patient-reported outcomes (ePRO) platform, Consilium Care™.


Edge computing startup Macrometa closes $7m Seed financing round to accelerate product rollout and sales
Published: 06-10-2020 | 12:31:00 | By: Pie Kamau
Macrometa Corporation, first-of-its-kind edge computing company enabling web and cloud native developers to build and run applications across a network of global clouds and data centers, announced the close of a $7 million Seed financing.


Strigo raises $8 million financing for its remote software training solution
Published: 01-10-2020 | 16:42:33 | By: Bob Koigi
Israel technology training startup Strigo has announced that it has tripled its customer base since the outbreak of the COVID-19 virus and closed an $8 million Series A financing round.


U.S. cloud-based solution startup Axis Security raises $32m to meet enterprise demand for 'Work from Anywhere'
Published: 01-10-2020 | 15:09:00 | By: Pie Kamau
Axis Security, leader in Zero Trust Access announced $32 million in Series B funding led by Canaan Partners, with participation from existing investors Ten Eleven Ventures and Cyberstarts.


Hetz Ventures closes on $77m for oversubscribed second fund to invest in B2B enterprise tech
Published: 16-09-2020 | 14:58:00 | By: Pie Kamau
Hetz Ventures, a leading venture capital fund for early-stage investments, announced the close of its second flagship fund, oversubscribed at $77 million.


Pcysys announces $25m Series B funding round led by Insight Partners
Published: 09-09-2020 | 14:56:00 | By: Pie Kamau
Cybersecurity Validation company, Pcysys, announced it has completed a $25 million Series B funding round led by US-based venture capital and private equity firm Insight Partners.


Software development startup Zymr expands footprint in India, opens new development center in Bengaluru
Published: 04-09-2020 | 15:32:00 | By: Pie Kamau
Zymr, a full-stack cloud-native software development company headquartered in California announced the establishment of a third development center in Bengaluru, India, to respond to an increasing customer demand despite COVID slowdown.


Fielding Norton joins advisory board of InsureTech startup Pricing Platform
Published: 02-09-2020 | 10:41:00 | By: Pie Kamau
Pricing Platform, an InsureTech startup that integrates Property & Casualty underwriting, pricing, and portfolio analytics in a cloud-based platform announced Fielding "Fid" Norton has joined as founding advisor and Chair of the advisory board.


LimaCharlie receives $500K seed funding to accelerate growth of security infrastructure as a Service
Published: 01-09-2020 | 15:58:00 | By: Pie Kamau
LimaCharlie, the market leader for delivering Information Security Infrastructure as a Service (SIaaS), has secured seed $500K funding from Lytical Ventures to accelerate growth and support its continued success.


Developer platform Turing.com announces $14m Seed funding round led by Foundation Capital
Published: 31-08-2020 | 16:02:00 | By: Pie Kamau
Turing.com, an automated platform that lets companies cut the time it takes to hire software engineers from months to days announced a $14 million seed funding round.


Silicon Valley startup Exo receives $40 million funding to for handheld medical imaging
Published: 27-08-2020 | 10:26:03 | By: Bob Koigi
Exo, a pioneering health information and devices company, has closed a $40 million Series B+ funding round that will fund research and product development on a revolutionary handheld medical device and cloud-based workflow software platform.


Chili Piper raises $18m Series A funding to instantly connect remote sales team to customers
Published: 20-08-2020 | 16:05:00 | By: Pie Kamau
Chili Piper, the leader in Inbound Revenue Acceleration, announced it has raised $18 million in Series A funding led by Base10 Partners with participation from Gradient Ventures, Google's AI-focused venture fund, and Flashpoint Venture Capital.


Cybersecurity startup Blumira raises $2.6 million to expand capacity
Published: 12-08-2020 | 13:10:00 | By: Bob Koigi
Blumira, an emerging cybersecurity startup based in US, recently raised $2.6 million in funding. This investment will allow the company to continue innovating on the latest threat detection and response technology.


Lithuanian AdTech startup RedTrack raises $500 000 from Genesis Investments and Iron Wolf Capital
Published: 03-08-2020 | 16:18:00 | By: Pie Kamau
Lithuania based AdTech startup RedTrack has received $500 000 in Seed funding from Genesis Investments and Iron Wolf Capital to make ads spend more efficiently.


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.


French startup Ponicode raises €3m to develop Artificial Intelligence for improved code quality
Published: 16-07-2020 | 12:58:00 | By: Pie Kamau
Ponicode, a French start-up specialising in Artificial Intelligence and data sciences has announced a €3 million fundraising led by founder-friendly European VC, Breega, alongside Kima and Plug & Play Ventures.


Privacy software company OneTrust acquires Seattle based startup Integris
Published: 03-07-2020 | 16:18:00 | By: Pie Kamau
Atlanta-based privacy, security, data governance, and compliance technology company OneTrust announced its Integris Software acquisition.


Microsoft Venture Fund, USVP invest in Israel cyber security startup Hunters
Published: 02-07-2020 | 16:19:00 | By: Bob Koigi
Israel-based tech startup Hunters has raised $15 million in Series A funding to scale its autonomous threat hunting solution to defend enterprises from intruders and missed attacks across cloud.


[Startup Interview] Riaan Rautenbach, CEO, Live Fr8, South Africa
Published: 30-06-2020 | 14:07:15 | By: Bob Koigi
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.


Crowdsourced ethical hacking platform Intigriti raises €4m for international expansion
Published: 25-06-2020 | 13:40:00 | By: Pie Kamau
Belgium based crowdsourced cybersecurity firm Intigriti has raised €4.14 million in their Series A round, led by European based venture capital firm ETF partners.


CirrusHQ announces £400,000 investment, appointment of Alastair Mills as new Chairman to drive business growth in the UK
Published: 01-06-2020 | 17:36:00 | By: Pie Kamau
CirrusHQ, a leading Amazon Web Services (AWS) Advanced Consulting and Solution Provider partner, announced it has secured a £400,000 growth capital investment plus the appointment of Alastair Mills as the company’s new Chairman.


France cloud based phone system Aircall secures $65 million to fund expansion
Published: 27-05-2020 | 14:56:00 | By: Bob Koigi
French tech startup Aircall has raised $65 million in Series C funding as it looks to bolster its cloud-based voice platform and fund its expansion.


Dataplace opens hypermodern datacenter in Amsterdam metropolitan area
Published: 19-05-2020 | 15:10:24 | By: Bob Koigi
Netherlands' carrier neutral datacenter operator Dataplace, has opened a sixth Tier III datacenter in Hoofddorp.


Intel Capital invests $132 million in 11 disruptive technology startups
Published: 19-05-2020 | 12:52:00 | By: Bob Koigi
Intel Capital, the global investment arm of tech giant Intel has invested $132 million in 11 technology startups.


Seattle VC firm Madrona invests $8.5 million in vendor management startup VNDLY
Published: 12-05-2020 | 18:54:54 | By: Bob Koigi
American Venture capital firm Madrona Venture Group has invested $8.5 million in cloud-based workforce management systems startup VNDLY.


Rapid7 set to acquire cloud security startup DivvyCloud for $145 million
Published: 30-04-2020 | 14:31:15 | By: Bob Koigi
Rapid7, Inc., a provider of security analytics and automation, has entered into an agreement to acquire DivvyCloud Corporation, a Cloud Security Posture Management (CSPM) company.


[Startup Interview] Freeman Addico, CEO, Addicnet, Ghana
Published: 25-02-2020 | 12:47:00 | By: Bob Koigi
Pan-African cloud computing and ecommerce solutions provider Addicnet is redefining cloud computing landscape in the continent through its unique offerings. Addicnet is a Pan-African Cloud computing and ecommerce solutions provider aiding African companies