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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3777864 | Tags:



The bitcoin renaissance: Reviving the digital currency world
Published: 05-12-2023 | 10:00:00 | By: Bob Koigi
The enigmatic creator, Satoshi Nakamoto, introduced the concept of a decentralized, peer-to-peer currency in a groundbreaking whitepaper.










Mudrex launches Saber.Money to offer onramp and offramp services in India
Published: 19-10-2023 | 13:09:00 | By: Pie Kamau
Mudrex announced the launch of Saber.Money to offer services to B2B clients.


Harpie launches Wallet Monitoring tool for crypto investors
Published: 10-10-2023 | 12:18:00 | By: Pie Kamau
Harpie has launched a Wallet Monitoring tool that provides real-time threat detection for crypto wallets.


Safeguarding your investments: Understanding Escroco Emerald (ESCE) and Its features
Published: 10-08-2023 | 15:30:00 | By: Bob Koigi
Investing in the right opportunities is crucial for safeguarding your financial future. In today's digital era, cryptocurrencies have gained significant attention as an alternative investment option.


Generative AI for crypto startup SuperSight raises $1m pre-seed to build crypto-specific LLMs
Published: 05-07-2023 | 15:47:00 | By: Pie Kamau
SuperSight, a London-based Generative AI startup, raises $1m pre-seed round.


The role of crypto-friendly banks in facilitating financial inclusion, Plug and Play
Published: 26-06-2023 | 13:16:00 | By: Pie Kamau
Financial inclusion is a key aspect of economic growth and development.


Decentralized identity startup Intuition raises $4m funding round
Published: 16-06-2023 | 13:56:00 | By: Pie Kamau
Decentralized infrastructure provider Intuition has raised $4 million in a seed round fundraise.


Web3 and the rise of the digital asset investor, Plug and Play
Published: 07-06-2023 | 15:23:00 | By: Pie Kamau
Web3 is a more decentralized system for sharing data and managing digital assets.


How payment technology is changing the rulebook on South African retail
Published: 31-05-2023 | 10:48:00 | By: Pie Kamau
The past few years have seen the proliferation of new methods of transacting.


CoinsPaid sees potential in Estonian market, ready to drive innovation in startup ecosystem
Published: 23-05-2023 | 13:35:00 | By: Pie Kamau
CoinsPaid continues to develop and places emphasis on the potential of Estonia.


The evolution of cryptocurrencies - a look at how blockchain technology is going mainstream
Published: 19-04-2023 | 13:32:00 | By: Pie Kamau
Cryptocurrencies have been around for over a decade now and have come a long way since their inception.


Gate Pay partners with CityPay.io startup to advance crypto payment adoption in Georgia and Europe
Published: 18-04-2023 | 15:55:00 | By: Pie Kamau
Gate Pay, the crypto payment service product by the global leading CEX Gate.io, announced a strategic partnership with CityPay.io, a fast-growing crypto payment startup based in Georgia.


Indian Web3 startup NoCap Meta raises $243K to accelerate growth in metaverse, digital tech
Published: 23-03-2023 | 12:59:00 | By: Pie Kamau
NoCap Meta, a Mumbai-based Web3 startup that provides a wide range of services including blockchain based systems, metaverse development, and asset backed tokens, has raised approximately $243K to enhance its growth.


[Interview] Patrick Mehrhoff, CEO and Founder, Mehrhoff Digital, Estonia
Published: 22-03-2023 | 14:12:00 | By: Pie Kamau
Patrick Mehrhoff is the Founder and CEO of Mehrhoff Digital, a Tallinn-based marketing consultancy for financial services.


EMURGO Africa and Kepple Africa ventures establish joint venture to further web3 strategic partnership
Published: 09-03-2023 | 12:35:00 | By: Pie Kamau
EMURGO Africa and Kepple Africa Ventures have announced the establishment of a business joint venture EMURGO Kepple Ventures to further accelerate its strategic partnership investing in African Web3 businesses.


How DeFi is disrupting traditional banking and financial services
Published: 08-03-2023 | 10:53:00 | By: Pie Kamau
The traditional banking and financial services industry has long been the cornerstone of the global economy. It has provided access to capital, enabled trade, and facilitated financial transactions for centuries.


Web3 startup nealthy raises $1.3m in pre-seed to simplify NFT and crypto investing
Published: 08-03-2023 | 09:59:00 | By: Pie Kamau
nealthy, a Web3 startup for investing in NFTs and cryptocurrency, announced it raised $1.3 million in pre-seed funding round backed by experienced Web3 investors, including renowned crypto celebrity ‘DonGeraldo.’


Can you use non-fungible tokens in the oil market?
Published: 06-03-2023 | 06:00:00 | By: Bob Koigi
There has been a lot of popularity around the investment opportunities you can find in the market.


[Column] Chester Wisniewski: Artificial Intelligence now a match for natural ignorance
Published: 24-02-2023 | 15:32:00 | By: Pie Kamau
End-user security training has traditionally been an important aspect of cybersecurity efforts, as it aims to educate and empower employees to identify and prevent potential threats. 


Decentralized finance companies are shifting from centralization, Plug and Play
Published: 22-02-2023 | 14:25:00 | By: Pie Kamau
Decentralized finance, commonly referred to as DeFi, is an emerging technology aimed at building a new financial system that is open to everyone and does not depend on traditional financial intermediaries, such as banks, lenders, etc.


Swiss startup Taurus raises $65m to further develop its digital asset platform, fuel international expansion
Published: 14-02-2023 | 08:30:00 | By: Pie Kamau
Taurus, the digital asset infrastructure provider for financial institutions in Europe, announced a $65 million Series B capital raise from strategic investors.


Binance: a leader in blockchain for social good
Published: 13-02-2023 | 09:25:00 | By: Bob Koigi
Binance, one of the world’s largest cryptocurrency exchanges, has established itself not only as a leader in the finance industry but also as a force for social good through its charity initiatives.


Is ethereum better than bitcoin?
Published: 13-02-2023 | 09:20:00 | By: Bob Koigi
People find it very complicated to deal with the cryptocurrency market, but nowadays, it is getting even more sophisticated than earlier.


[Column] Xiao Feng: The 10 principles of Web3
Published: 03-02-2023 | 12:52:00 | By: Pie Kamau
What is Web3? Web3 is essentially the other side of the coin in relation to blockchain technology. When we talk about blockchain, we are also talking about Web3 to a considerable extent, and vice versa.


Squid raises $3.5m to build next-generation cross-chain swaps
Published: 01-02-2023 | 11:09:00 | By: Pie Kamau
Squid, a Zug, Switzerland-based provider of a routing protocol that enables users and developers to easily access cross-chain liquidity, raised a $3.5m seed round led by North Island Ventures.


Web3 payments startup SphereOne raises $2.5m to build crypto for grandmas
Published: 23-01-2023 | 10:31:00 | By: Pie Kamau
SphereOne, a crypto payment platform that allows users to make purchases with any cryptocurrency, across any blockchain, announced the closing of a $2.5 million seed round.


The payment of goods and services will be in charge of cryptocurrencies
Published: 09-01-2023 | 09:00:00 | By: Bob Koigi
With the evolution of society, the use of money as a means of exchange in any financial transaction has become increasingly essential; it represents the value that a product, exemplary, or service can have worldwide.


Top 5 cryptocurrencies that increased and decreased their price due to the merge
Published: 09-01-2023 | 09:00:00 | By: Bob Koigi
The definitive elimination of Ethereum mining generated the greatest expectation regarding the migration of miners to the ETH network, to the point that the cryptocurrency market was expected to have an upward behavior that would undoubtedly benefit all investors.


OKX Ventures, GSRV co-lead $2m seed round for decentralized identity platform Nametag
Published: 22-12-2022 | 11:02:00 | By: Pie Kamau
Nametag, creators of the new standard for end-user identity verification with web3, announced a $2 million seed round co-led by GSRV and OKX Ventures.


How do decentralized systems and crypto work together?
Published: 12-12-2022 | 08:30:00 | By: Bob Koigi
Decentralization is an essential feature of cryptocurrency. The transfer of money, investment, or trading is not in the control of the local governments.


Global innovation platform Plug and Play to launch crypto and digital assets innovation platform
Published: 16-11-2022 | 10:02:00 | By: Pie Kamau
Global innovation platform Plug and Play, together with founding partners Visa, AllianceBlock, The INX Digital Company, IGT, and Franklin Templeton, has announced the launch of their new Crypto and Digital Assets program.


What makes less investment assets score more?
Published: 08-11-2022 | 11:10:00 | By: Bob Koigi
Virtual currencies have the most significant advantage in that virtual currency is decentralized, meaning there is no central authority over them.


Reasons that might neglect the crypto growth
Published: 08-11-2022 | 11:04:00 | By: Bob Koigi
Virtual currencies have a lesser return than traditional financial assets such as stocks and bonds.


Doge Solar keeps fighting its way to the top
Published: 08-11-2022 | 11:00:00 | By: Bob Koigi
Doge Solar is the newest cryptocurrency that has come up in the digital mainstream and has already marked its presence in the market.


Fintech emerging as Africa’s most vibrant sector, study
Published: 28-10-2022 | 13:42:00 | By: Pie Kamau
Fintech startups in Africa grew 81% in 2021, with South Africa, Nigeria, and Kenya emerging as key hubs on the continent, found a Mastercard study on the state of fintech in African markets.


Stone Ridge launches Wolf, a NYC startup accelerator dedicated to Lightning Network
Published: 27-10-2022 | 12:00:00 | By: Pie Kamau
Stone Ridge, a parent to bitcoin company NYDIG, announced the launch of In Wolf's Clothing (Wolf), the first-ever startup accelerator dedicated to Lightning, a "layer 2" protocol built on top of Bitcoin.


Cryptocurrency startup Zerion closes $12m Series B funding to build the best wallet for Web3 citizens
Published: 12-10-2022 | 14:38:00 | By: Pie Kamau
Zerion, the wallet for the most active web3 users, announced the closing of a $12.3 million Series B funding round led by Wintermute Ventures.


Crypto tax reporting app Binocs nets $4m funding round as it adds institutional investors to retail base
Published: 22-09-2022 | 13:02:00 | By: Pie Kamau
Crypto tax reporting app Binocs has announced a $4 million fundraise to cater to institutional crypto investors and enter geographies like the US, UK, Australia etc.


Dutch sustainable blockchain startup GRNGrid secures $50m to drive connectivity with crypto exchanges
Published: 20-09-2022 | 15:53:00 | By: Pie Kamau
The GRN Association announced it has secured an investment totaling $50 million for the GRNGrid project from GEM Digital, a venture capital focused on digital currencies.


Fireblocks surpasses $100m ARR milestone, cements its status as SaaS centaur
Published: 12-09-2022 | 10:19:00 | By: Pie Kamau
Fireblocks, an easy-to-use platform to create innovative products on the blockchain and manage day-to-day crypto operations, announced that its 2022 Annual Recurring Revenue (ARR) has surpassed $100 million.


Swiss crypto startup 21.co raises $25m, becomes Switzerland's largest crypto Unicorn
Published: 07-09-2022 | 11:51:00 | By: Pie Kamau
21.co, the world's player in providing access to crypto through simple and easy to use products, announced a $25 million round led by Marshall Wace.


Boston-based crypto fund startup Triblock emerges out of stealth
Published: 03-08-2022 | 14:40:00 | By: Pie Kamau
Triblock, a Boston-based investment and advisory firm co-founded in 2019 by Matt Batsinelas and Bennett Collen, announced the startup has emerged out of stealth, after making over 20 investments while operating in stealth.


Cryptocurrency startup Coinfeeds raises $2m seed round, launches Web3 community monitoring app
Published: 28-07-2022 | 10:20:00 | By: Pie Kamau
Coinfeeds announced that it has raised a $2 million seed round led by FTX Ventures, Coinbase Ventures, Protocol Labs (IPFS / Filecoin), Huobi Ventures, and startup accelerator Y Combinator.


Fintech startup CoinFlip raises $1m initiative to support emerging Web 3.0 startups
Published: 27-07-2022 | 15:57:00 | By: Pie Kamau
CoinFlip, a fintech company powered by cryptocurrency, announced the launch of CoinFlip Ventures, a new initiative that will support Web 3.0 based startup companies.


Why you should implement cryptocurrency payments into your e-Commerce website, Remuno
Published: 18-07-2022 | 10:53:00 | By: Pie Kamau
Crypto is one of the biggest aspects of modern finance and technology. For businesses, this revenue stream could provide major boosts to sales numbers, with crypto payments giving customers more freedom while also bringing benefits.


Celo announces new Web3 fund for African startups adopting crypto strategies
Published: 13-07-2022 | 14:35:44 | By: Pie Kamau
Mobile-first blockchain ecosystem Celo has launched a new programme to support African startups across payments, remittances, virtual assets, savings, and related financial services.


10,000 African startups to be equipped with skills to build blockchain technologies businesses
Published: 12-07-2022 | 14:03:00 | By: Bob Koigi
Three firms have joined hands to empower 10, 000 startups across Africa to build innovative technologies and businesses around blockchain technologies.


Blockchain security startup BlockSec closes $8m funding round to accelerate growth
Published: 11-07-2022 | 09:39:00 | By: Pie Kamau
Blockchain security startup BlockSec announced the completion of $8 million seed plus round of funding, to expand its research and production team and provide the on-chain monitoring and attack interception capability.


Singapore crypto payments startup Request Finance raises $5.5m seed round to accelerate growth
Published: 09-06-2022 | 10:40:00 | By: Pie Kamau
Request Finance, the Web3 enterprise crypto payments startup, has closed a $5.5 million seed round with institutional backers including Animoca Brands, Europe's leading early-stage venture capital investor Balderton Capital, and XAnge.


Binance Labs closes $500m investment fund to boost blockchain, Web3 and value-building technologies
Published: 03-06-2022 | 11:55:00 | By: Pie Kamau
Binance Labs, the venture capital and incubation arm of Binance, announced the closing of $500 million investment fund to invest in projects that can extend the use cases of cryptocurrencies.


Cryptocurrency startup ZenLedger raises $15m Series B funding to expand crypto tax solutions
Published: 25-05-2022 | 15:49:00 | By: Pie Kamau
ZenLedger, a global player in cryptocurrency data analysis, accounting, and tax, announced the close of its $15 million Series B funding.


Crypto Valley Venture Capital firm launches early-stage fund targeting African blockchain startups
Published: 23-05-2022 | 17:15:28 | By: Pie Kamau
Crypto Valley Venture Capital (CV VC), announced the launch of its African Blockchain Early-Stage Fund targeting blockchain startups from across Africa.


Fintech startup MooveBeta merges with ImpalaPay to provide a connected economy for Africa
Published: 20-05-2022 | 11:30:30 | By: Pie Kamau
Adanian Labs Africa incubated fintech startup MooveBeta has announced its merger with ImpalaPay, a fintech blockchain company with operations across 42 African countries and 134 worldwide.


Contract management startup Evisort raises $100m funding to enhance customer experience, accelerate growth
Published: 13-05-2022 | 14:18:00 | By: Pie Kamau
Evisort, the no-code contract intelligence platform loved by legal, procurement, and sales operations teams worldwide, announced it has raised $100 million in capital.


Dragonfly Capital closes oversubscribed $650m crypto venture Fund III
Published: 10-05-2022 | 10:09:00 | By: Pie Kamau
Dragonfly Capital, a global crypto-focused investment firm, announced the final closing of its third venture fund, Dragonfly Ventures III, L.P. (Fund III).


London-based Bundlr Network raises $5.2m seed round to build an easier, faster way to store data on web3
Published: 09-05-2022 | 10:16:00 | By: Pie Kamau
Bundlr Network, a decentralized platform that makes it fast and easy to store data on web3, has raised a $5.2 million seed round co-led by Framework Ventures.


Danish startup Januar raises €6m to provide crypto gate for Europe
Published: 06-05-2022 | 09:39:00 | By: Pie Kamau
Danish startup Januar ApS, announced the closing of €6 million round to become the leading one-stop crypto gate for European businesses, serving the growing crypto and digital asset industry with a market cap of $2 trillion.


Austin entrepreneurs launch new crypto cybersecurity startup, CryptoArmor
Published: 26-04-2022 | 12:22:00 | By: Pie Kamau
Austin-based entrepreneurs Grant Mitterlehner and Brendon Kelley are together forming a new startup, CryptoArmor, to build security tailored for crypto, NFT, and metaverse companies.


French AI startup Kryptview raises $650k in pre-seed to develop community-driven crypto research platform
Published: 25-04-2022 | 13:48:00 | By: Pie Kamau
Kryptview, a collective intelligence platform that provides peer-reviewed research for digital assets, announced the closure of its pre-seed round, raising $650,000 from crypto technology companies.


Huobi Incubator partners with Celo to promote Stablecoins for the masses
Published: 25-04-2022 | 12:50:00 | By: Pie Kamau
Huobi Incubator, the project incubation arm of Huobi Global, announced it will co-host Celo x Huobi: Stablecoin in Web3 & Sustainability hackathon with Celo.


Blockchain data startup Transpose raises $3m seed round to revolutionize web3 data infrastructure
Published: 20-04-2022 | 13:53:00 | By: Pie Kamau
Blockchain data startup Transpose, whose ground-breaking suite of data APIs vastly simplifies bulk web3 data access, announced an oversubscribed $3 million seed round.


Climate tech startup Station A launches Clean Energy Grades to instantly generate financial and carbon savings
Published: 31-03-2022 | 13:04:44 | By: Pie Kamau
Station A, the U.S. clean energy marketplace, announced it launched Clean Energy Grades, a new product that instantly tells you the financial return of switching to clean energy.


Kenyan social commerce startup Tushop raises $3m pre-seed funding to accelerate growth
Published: 31-03-2022 | 12:41:00 | By: Pie Kamau
Tushop, a Kenyan social-commerce platform that enables group-buying of fast-moving consumer goods (FMCGs), announced it has raised $3 million in pre-seed funding, led by 4DX Ventures.


Europe's TIER Mobility acquires US-based Fantasmo to expand its accurate e-scooter parking system
Published: 31-03-2022 | 12:29:00 | By: Pie Kamau
TIER Mobility, Europe's shared micro-mobility provider, announced it has acquired Us-based Fantasmo, to further expand its most accurate e-scooter parking system and introduce a computer vision-powered rider assistance system.


Ecosystem restoration startup Lord of the Trees raises $1.25m pre-seed round to upscale environmental protection
Published: 31-03-2022 | 11:53:00 | By: Pie Kamau
Lord of the Trees, a full ecosystem restoration company that uses precision drone planting technology to restore degraded landscapes, announced a $1.25 million pre-seed funding round.


Mental health startup Nivati Secures $4m seed round to scale its platform
Published: 31-03-2022 | 11:25:00 | By: Pie Kamau
Nivati, a holistic mental health platform for employees, announced an oversubscribed seed round of $4 million led by FireBrand Ventures, with participation from Peak and Access Venture Partners.


AI-powered video commerce startup Vyrill raises $3m seed round to accelerate growth
Published: 31-03-2022 | 11:03:00 | By: Pie Kamau
VYRILL, a startup that enables video commerce with new, innovative 'in-video' search technology, announced the closing of a $3 million seed round of funding led by Noemis Ventures and Lightship Capital.


French insect farming startup Ÿnsect acquires Nebraska-based Jord Producers to open first mealworm farm in the US
Published: 30-03-2022 | 11:43:00 | By: Pie Kamau
Jord Producers, based in Nebraska, has been incorporated into Ÿnsect’s production portfolio, signifying the global leader’s entry into North American mealworm production.


Techstars partners with J.P. Morgan to invest in diverse entrepreneurs across the U.S.
Published: 30-03-2022 | 11:04:00 | By: Pie Kamau
Techstars announced a new accelerator program powered by J.P. Morgan that will invest more than $80 million in diverse entrepreneurs and founders across the U.S.


African fintech Flutterwave goes live in Tanzania
Published: 30-03-2022 | 10:52:33 | By: Pie Kamau
African fintech Flutterwave announced it has gained approval from the Bank of Tanzania (BoT) to launch its payment service in the country.


Nigerian B2B startup Kwik closes $2m Series A round to digitize informal African trade
Published: 30-03-2022 | 10:49:00 | By: Pie Kamau
French-Nigerian B2B startup Kwik, a fast-growing provider of SaaS logistics services to social vendors and e-commerce platforms in Africa, has announced that it successfully closed its $2 million Series A round.


Egyptian e-Sport startup Eksab raises $3m seed funding to scale its fantasy football platform
Published: 30-03-2022 | 10:41:00 | By: Pie Kamau
Cairo-headquartered e-Sport startup has raised $3 million seed funding round, bringing the company’s total investment to date to $3.7 million.


Vehicle financing startup Moove partners with Swvl for EV buses across the MENAP region
Published: 30-03-2022 | 10:32:25 | By: Pie Kamau
Egypt’s on-demand bus-hailing company Swvl, announced a new partnership with African fintech mobility startup Moove to scale Moove’s revenue-based vehicle financing model across the MENAP region.


On-demand transport platform Bolt launches 2nd edition of its Women in Tech internship program in Kenya
Published: 30-03-2022 | 10:24:12 | By: Pie Kamau
On-demand transport platform Bolt announced it has rolled out the second edition of its Women in Tech internship program in Kenya.


Cybersecurity startup ActZero certified as SOC 2 Type II compliant
Published: 29-03-2022 | 14:43:17 | By: Pie Kamau
ActZero, a cybersecurity startup that helps small and mid-sized businesses protect their organizations, announced it has been third-party certified as Service Organization Control (SOC) 2 Type II compliant.


Healthtech startup Radish announces $4m seed round to enhance access to convenient and affordable healthcare
Published: 29-03-2022 | 14:17:00 | By: Pie Kamau
Radish Health, a concierge healthcare platform providing convenient and affordable primary care services to municipal governments and midsize businesses, announced $4 million in seed funding.


Plug and Play Japan kicks off 3rd Smart Cities accelerator program in Osaka and Tokyo
Published: 29-03-2022 | 13:48:00 | By: Pie Kamau
Plug and Play Japan has selected 25 startups from Japan and overseas for their accelerator program that promotes open innovation in Smart Cities theme. From the Batch 3 program, it will expand and operate at two locations, Tokyo and Osaka.


Danish healthtech startup Qure.ai raises $40m to accelerate market expansion, support product development
Published: 29-03-2022 | 13:30:00 | By: Pie Kamau
Qure.ai (Qure), the healthtech firm using Artificial Intelligence (AI) for medical imaging diagnostics, announced it has secured $40 million in a funding round led by Novo Holdings and HealthQuad.


Healthtech startup Altibbi raises $44m to scale growth across the MENA region
Published: 29-03-2022 | 13:03:00 | By: Pie Kamau
Middle East’s AI-based digital health platform Altibbi, has raised $44 million in Series B fund funding led by Foundation Holdings, Hikma Ventures and existing investors Global Ventures and DASH Ventures.


Cambridge-based startup Sano Genetics raises $11m funding to accelerate genetic disease research
Published: 28-03-2022 | 16:46:00 | By: Pie Kamau
Cambridge-based startup Sano Genetics announced it has raised $11 million in a Series A funding round led by MMC Ventures, with further funding from Episode 1, Seedcamp and several experienced operators in software and life sciences.


Israeli data integration startup Triple Whale raises $27.7m to develop default e-Commerce operating system for Shopify brands
Published: 28-03-2022 | 16:24:00 | By: Pie Kamau
Triple Whale, the all-in-one operating system for Shopify brands, announced it has raised $27.7 million in an extended Series A, the company's first announced funding round since its foundation in May 2021.


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.


Neurotechnology startup Phantom Neuro secures $3.26m seed round to advance machine control technology
Published: 28-03-2022 | 15:39:00 | By: Pie Kamau
Phantom Neuro, a burgeoning neurotechnology startup, announced a $3.26 million funding round from leading international and U.S.-based investors.


Konza Technopolis and ASSEK sign MoU to support startups in Kenya
Published: 28-03-2022 | 13:45:00 | By: Pie Kamau
Konza Technopolis Development Authority (KoTDA) and the Association of Startups and SME Enablers in Kenya (ASSEK) have signed an MoU to enhance innovation and support startups in Kenya.


10 African fintech startups selected for CATAPULT: Inclusion Africa Special Dubai Edition
Published: 28-03-2022 | 13:34:31 | By: Pie Kamau
The LHoFT Foundation has announced the 10 African fintech startups that will take part in the special edition of CATAPULT: Inclusion Africa which will be held in Dubai, UAE.


Nigerian Big Cabal Media raises $2.3m to fuel audience growth and build new verticals
Published: 17-03-2022 | 12:38:00 | By: Pie Kamau
Big Cabal Media [BCM], a pan-African media company headquartered in Nigeria, has announced the close of its Seed Series fundraising round at $2.3million, led by MaC Venture Capital.


Capnamic closes $215m venture capital fund for early-stage investments in German-speaking countries
Published: 17-03-2022 | 12:25:00 | By: Pie Kamau
Early-stage investor Capnamic, announced its third venture capital fund of $215 million to focus on Pre-Seed to Series A investments in technology-based startups from the German-speaking region.


Kenyan fintech 4G Capital raises $18.5m Series C funding to scale lending to MSMEs
Published: 17-03-2022 | 11:50:00 | By: Pie Kamau
Kenyan fintech credit provider 4G Capital has raised $18.5 million in Series C funding from global private equity firm Lightrock.


Crypto exchange platform Luno launches investment arm to support fintech and crypto startups
Published: 17-03-2022 | 11:41:00 | By: Pie Kamau
Cryptocurrency exchange platform Luno, a subsidiary of Digital Currency Group (DCG), has launched Luno Expeditions, an early-stage investment arm to support fintech and crypto/web3 startups from around the world.


Kenyan e-Commerce startup Sokowatch raises $125m, rebrands to Wasoko
Published: 17-03-2022 | 11:32:00 | By: Pie Kamau
Kenyan based B2B e-Commerce startup Sokowatch has raised a $125 million Series B equity round, the largest venture financing round ever raised for a non-fintech startup in Africa.


Singapore-based Treehouse Finance raises $18m seed funding to establish a standard for DeFi analytics
Published: 17-03-2022 | 11:15:00 | By: Pie Kamau
Treehouse, a Web3 company transforming on-chain data into meaningful metrics to help decentralized finance (DeFi) investors make informed financial decisions, announced an $18 million seed round raise.


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.


Canadian healthtech startup Clinia raises $5m to power personalized pathways into every health journey
Published: 16-03-2022 | 12:57:00 | By: Pie Kamau
Montreal-based startup Clinia, the personalized health navigation platform, announced a $5 million CAD Seed funding round to scale the growth of its health search infrastructure across North America.


Israeli network security startup OneLayer steps out of stealth with $8.2m seed round to protect private 5G networks
Published: 16-03-2022 | 12:25:00 | By: Pie Kamau
OneLayer, a pioneer in securing private LTE/5G networks for enterprises, announced its launch out of stealth along with an $8.2 million seed funding round led by Grove Ventures and Viola Ventures.


Climate tech startup Cambium Carbon raises $3m seed funding to reinvent the wood supply chain, reduce carbon emissions
Published: 16-03-2022 | 11:48:00 | By: Pie Kamau
Cambium Carbon PBC announced a $3.2 million seed round investment led by MaC Venture Capital, supported by Soma Capital, Joe Tsai, Revolution's Rise of the Rest Seed Fund, Blue Ivy Ventures and others.


Insurance startup Asteya launches new product offering on its technology-first platform
Published: 16-03-2022 | 11:28:00 | By: Pie Kamau
Asteya, an income insurance technology company whose mission is to provide financial health and wellbeing by transforming the income insurance space, announced the launch of its additional product offering, Accidental Death.


Indonesia's East Ventures signs to UN PRI to create responsible and sustainable investment
Published: 15-03-2022 | 11:42:00 | By: Pie Kamau
East Ventures, a pioneering sector-agnostic venture capital firm in Indonesia, has officially become a UN Principles for Responsible Investment (UN PRI) signatory as part of its commitment to creating responsible and sustainable investment.


Product photo performance startup Bloom raises $1.1m seed round funding to bring generative AI to e-Commerce
Published: 15-03-2022 | 11:17:00 | By: Pie Kamau
Product photo performance engine Bloom announced it has raised $1.1 million at the close of its seed funding round.


Ghanaian fintech startup Dash closes $32.8m seed round to create a unified payments app for Africans
Published: 15-03-2022 | 10:04:00 | By: Pie Kamau
Dash, the unified and accessible payments app, announced it has raised $32.8 million in an oversubscribed seed round, one of the largest seed rounds for an African technology startup.


Nigerian mobility fintech startup Moove raises $105m series A2 round to scale growth
Published: 15-03-2022 | 09:33:00 | By: Pie Kamau
Mobility fintech, Moove, which provides revenue-based financing to mobility entrepreneurs across Africa, has raised $105 million in an oversubscribed Series A2 round consisting of equity and debt.


15 startups selected for Google for Startups Accelerator Africa Class 7
Published: 15-03-2022 | 09:14:00 | By: Pie Kamau
Google has announced the 15 African startups that have been selected for its Startups Accelerator Africa Class 7 programme. The startups are developing solutions in areas such as healthcare, education, fleet management, logistics automation and recruiting.


Danish customer support innovator Dixa acquires Miuros and Solvemate startups for $43m
Published: 11-03-2022 | 13:40:00 | By: Pie Kamau
Danish customer support innovator Dixa, announced the acquisitions of analytics leader Miuros, and automation pioneer Solvemate.


FirstEnergy contributes $1m to UBIZ Venture Capital to support minority businesses in Northeast Ohio
Published: 11-03-2022 | 13:08:00 | By: Pie Kamau
To help expand and grow minority-owned businesses in northeast Ohio, FirstEnergy announced a $1 million contribution to UBIZ Venture Capital, a small business lending program affiliated with the Urban League of Greater Cleveland.


Colombian startup Yuno raises $10m seed round to solve online payments in Latin America
Published: 11-03-2022 | 12:43:00 | By: Pie Kamau
Yuno, a Colombia-based startup has raised a $10 million seed round to bring to Latin American companies an easy online checkout solution that solves the pain point of managing multiple payment methods.


New Stack Ventures raises $42.6m for its second fund to invest in Silicon Valley outsiders
Published: 11-03-2022 | 11:21:00 | By: Pie Kamau
New Stack Ventures, an early-stage venture fund dedicated to investing in Silicon Valley outsiders, announced it has raised $42.6 million for its second fund.


African crypto startup Basqet launches payment gateway to enable businesses accept Bitcoin
Published: 11-03-2022 | 11:06:00 | By: Pie Kamau
African blockchain payments startup Basqet announced the launch of its cryptocurrency payments gateway which will allow businesses to accept Bitcoin and other cryptocurrencies as payment.


EV startup BasiGo flags off first electric buses in Kenya
Published: 10-03-2022 | 15:39:00 | By: Pie Kamau
Nairobi headquartered e-mobility startup BasiGo flagged off the first electric buses in the country for passenger use.


Smart addressing startup OkHi secures $1.5m seed funding to drive smart address verification in Africa
Published: 10-03-2022 | 15:32:00 | By: Pie Kamau
Smart addressing startup, OkHi, has secured a $1.5 million seed extension, bringing the total of its seed funding to $3 million. This raise is supported by notable firms and individuals who, beyond funding, bring a wealth of expertise to OkHi.


Dream VC opens applications for its VC Fellowship Program in Africa
Published: 10-03-2022 | 15:25:00 | By: Pie Kamau
Dream VC, a Remote Venture Capital Upskilling Institute, has opened applications for its 2022 fellowship program for VCs in Africa.


Salary on-demand startup Cadana partners with Flutterwave to expand into Nigeria
Published: 10-03-2022 | 15:17:00 | By: Pie Kamau
Cadana, the salary on-demand startup has expanded operations into Nigeria following a strategic partnership with Flutterwave, Africa’s leading payments technology company.


[Kenya] Applications for 5th cohort of Standard Chartered Bank's Women in Tech program open
Published: 10-03-2022 | 15:09:00 | By: Pie Kamau
The Standard Chartered Bank has opened applications for the 5th cohort of its Women in Tech incubator program.


Swedish travel tech startup Acamp acquires Ställpatser, prepares for European expansion
Published: 09-03-2022 | 12:51:00 | By: Pie Kamau
Acamp, the Swedish marketplace connecting campers with landowners, has acquired the popular camping community app, Ställpatser, just weeks after its €2.5 million funding round.


London-based digital foreign exchange Currencies Direct announces £140m investment from Blackstone
Published: 09-03-2022 | 12:21:00 | By: Pie Kamau
Palamon Capital Partners and Corsair announced that funds managed by Blackstone have agreed to make a £140 million strategic investment in Currencies Direct.


5G Open Innovation Lab selects MetaPower to join its startup development program
Published: 09-03-2022 | 11:32:00 | By: Pie Kamau
MetaPower, the innovators creating the future of Intelligent Wireless Power, announced its selection as one of 12 startups newly added to the 5G Open Innovation Lab (5G OIL).


Plant-based food startup Lypid enters B2B vegan-fat market with $4m seed round to commercialize rich, juicy PhytoFat
Published: 09-03-2022 | 10:32:00 | By: Pie Kamau
Lypid, creator of vegan fats reported to taste and behave like animal fats, announced it has raised a $4 million seed round led by Green Generation Fund with additional support from Big Idea Ventures.


Canadian tech startup Calico secures $2.1m to revolutionize modern supply chains
Published: 09-03-2022 | 09:50:00 | By: Pie Kamau
Calico, the developer of the first AI-powered smart supply chain management platform, announced it has raised $2 million in seed funding. The growth financing is led by Serena Ventures following 300% growth since January 2022.


German logistics tech startup Forto raises $250m to accelerate international expansion
Published: 08-03-2022 | 11:33:00 | By: Pie Kamau
German logistics tech startup Forto, the provider of digitized freight forwarding and supply chain solutions, announced it has raised $250 million in a pre-emptive Series D investment round led by Disruptive.


Cybersecurity startup MindWise launches equity crowdfunding campaign on MicroVentures
Published: 08-03-2022 | 11:09:18 | By: Pie Kamau
Cybersecurity startup MindWise announced the launch of an equity crowdfunding campaign on MicroVentures.


Japanese SocialGood App raises $14.2m for patented crypto back platform
Published: 08-03-2022 | 10:57:00 | By: Pie Kamau
Japanese SocialGood App, which gives users cryptocurrency rewards for shopping, has raised $14.2 million in Series A funding from a venture capital firm.


Plug and Play launches in Nur-Sultan, Kazakhstan, in partnership with Transtelecom
Published: 08-03-2022 | 10:42:00 | By: Pie Kamau
Plug and Play, the world's innovation platform connecting startups, investors, and pioneering companies, has announced a new partnership with Transtelecom JSC, one of the largest communication operators in Nur-Sultan, Kazakhstan.


26 startups selected to join African Tech Vision's 2nd mentorship program for African female founders
Published: 08-03-2022 | 10:28:00 | By: Pie Kamau
African Tech Vision, a non-profit-organization supporting early-stage female tech founders, has announced 26 startups that will be joining its 2nd mentorship program.


Capricorn Digital Growth Fund closes at €84.5m to back healthtech, business 4.0 startups in Benelux, Europe
Published: 03-03-2022 | 13:09:00 | By: Pie Kamau
Capricorn Digital Growth Fund closes at €84.5 million to back digital health and business 4.0 startups in Benelux


On-demand delivery platform Glovo launches pitch competition for early-stage tech startups in Kenya
Published: 03-03-2022 | 12:53:00 | By: Pie Kamau
On-demand delivery platform Glovo has launched a pitch competition targeting early-stage tech startups in Kenya that are delivering value to SMEs.


e-Commerce startup The Host Co. raises $1.85m to revolutionize short-term rental industry
Published: 03-03-2022 | 12:44:00 | By: Pie Kamau
The Host Co., the first-of-its-kind digital commerce marketplace for short-term rentals, announced an oversubscribed $1.85 million seed funding round, led by HearstLab with participation from The Artemis Fund and Untapped Capital.


TDK Ventures invests in climatetech startup Divirod to advance prediction of water-related catastrophes
Published: 03-03-2022 | 12:02:00 | By: Pie Kamau
TDK Corporation announced that subsidiary TDK Ventures, invested in Boulder, CO-based climate-tech startup Divirod. Their sensor solution enables high-accuracy risk assessment of water levels.


South African fintechs Payflex and Merchant Capital launch cash advance solution for small retailers
Published: 03-03-2022 | 11:44:00 | By: Pie Kamau
Two South African fintechs, alternative lender Merchant Capital and buy-now-pay-later (BNPL) specialist Payflex, have launched a cash advance solution for small and mid-sized retail sector.


Oslo-based management startup Presail closes $1.6m seed round to revolutionize Web 3.0 investments
Published: 02-03-2022 | 14:38:00 | By: Pie Kamau
Oslo-based management startup Presail announced the closing of $1.6 million from a series of reputable venture capital firms and strategic angel investors.


Carrier launches venture firm to accelerate sustainable innovation and disruptive building and cold chain technology
Published: 02-03-2022 | 13:20:00 | By: Pie Kamau
Carrier Global Corporation, the global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, has created Carrier Ventures, a new global venture capital group.


Manufacturing technology startup OPT Industries raises $15m to address demand for novel materials design and production
Published: 02-03-2022 | 12:52:00 | By: Pie Kamau
OPT Industries, the manufacturing technology startup behind the InstaSwab high-efficacy medical applicator, announced it has raised $15 million in Series A financing.


Employee experience startup Whistle closes on $3.2m seed round to accelerate growth
Published: 02-03-2022 | 12:32:00 | By: Pie Kamau
Whistle, a new generation of employee experience platform, announced it has raised a $3.2 million seed funding round led by Dundee Venture Capital (VC). Other investors include Chicago-based M25.


South African cryptocurrency exchange VALR raises $50m Series B funding to expand across the continent
Published: 02-03-2022 | 12:12:00 | By: Pie Kamau
VALR.com, a South Africa cryptocurrency exchange, announced it has raised $50 million, Africa’s largest ever crypto funding round, bringing the company`s valuation at $240 million.


German investor CommerzVentures closes €300m third fund to support European fintech and insurtech startups
Published: 01-03-2022 | 12:52:00 | By: Pie Kamau
CommerzVentures, the specialist fintech investor, announced its third €300m fund, to go towards supporting early and growth-stage companies in the fintech and insurtech sectors.


Venture Noire partners with Remote Year to launch global accelerator program for Black and minority startups
Published: 01-03-2022 | 12:28:00 | By: Pie Kamau
Venture Noire, a non-profit organization dedicated to improving black quality of life through economic development, has partnered with Remote Year to expand its signature 8-week accelerator program.


Fintech platform M-KOPA secures $75m growth equity round to scale its African footprint
Published: 01-03-2022 | 12:03:00 | By: Pie Kamau
M-KOPA, the fintech platform that provides connected financing and digital financial services to underbanked consumers across four markets in Africa, announced its $75 million growth equity round, bringing its total equity funding to $190 million.


Energy-efficient AI semiconductor startup EdgeCortix closes over $8m Series A funding
Published: 01-03-2022 | 11:58:00 | By: Pie Kamau
EdgeCortix the AI-focused fabless semiconductor company, announced the closing of over $8 million in series A funding.


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.


French healthtech startup Synapse Medicine raises $28m to scale its medication reconciliation platform
Published: 01-03-2022 | 10:38:00 | By: Pie Kamau
France-based healthtech startup Synapse Medicine has raised $28 million led by leading European venture firm Korelya Capital, and past investors (XAnge, MACSF, and BNP Paribas Development).


London-based BSV blockchain startup accelerator Satoshi Block Dojo secures investment from Ayre Ventures
Published: 25-02-2022 | 13:27:00 | By: Pie Kamau
Satoshi Block Dojo, the London-based technology startup incubator that assists entrepreneurs building businesses on the BSV blockchain, has secured significant investment funding from Ayre Ventures


FunFair Technologies launches new blockchain venture capital business
Published: 24-02-2022 | 12:48:00 | By: Pie Kamau
FunFair Technologies announced the launch of a new blockchain venture capital business, FunFair Ventures, with the aim to plug a gap in the funding process for early-stage blockchain projects.


Huobi Incubator announces second batch of partners for Web3 Scholarship
Published: 23-02-2022 | 14:45:00 | By: Pie Kamau
Huobi Incubator, the project incubation arm of Huobi Group, announced the second batch of partners for Web3 Scholarship, a funding platform for developers, builders, and projects in the Web3 field.


Crypto investment firm Hartmann Capital launches $30m Metaverse Fund
Published: 17-02-2022 | 11:33:00 | By: Pie Kamau
Hartmann Capital, a four-year veteran in crypto asset management, announced the launch of its second fund specialized in exclusively investing into the Metaverse.


SOMA.finance closes $6.5m seed funding round to accelerate growth
Published: 24-01-2022 | 15:09:00 | By: Pie Kamau
SOMA.finance, a Hong Kong and New York-based decentralized marketplace for digital assets, announced the completion of a $6.5 million seed funding round.


[Kenya] Sankore announces pitch competition targeting blockchain startups
Published: 18-01-2022 | 09:39:00 | By: Pie Kamau
Nairobi-headquartered blockchain community Sankore is launching the Sankore Pitch Competition Tour (PCT) in Nairobi.


DeFi startup Giddy raises $8m seed round to accelerate growth
Published: 17-01-2022 | 13:53:00 | By: Pie Kamau
Giddy, a mobile app that enables mainstream DeFi adoption, has raised $8m in seed funding. The round was led by Pelion Venture partners.


Decentralized Mateverse social startup BOOM establishes $1 million fund to support creators
Published: 04-01-2022 | 10:05:23 | By: Bob Koigi
BOOM, a decentralized crypto native community platform focused on NFT+Social recently announced the launch of IOS and Android App.


Crypto investment startup Stacked raises $35m to build out regulated products for retail crypto investors
Published: 21-12-2021 | 12:46:00 | By: Pie Kamau
Stacked, a crypto-investing software that allows users to manage assets and invest in pre-built portfolios and strategies, announced it has raised $35 million Series A funding round led by Alameda Research.


Binance Labs leads $1.5m seed round for BBS Network
Published: 08-12-2021 | 14:21:00 | By: Pie Kamau
Binance Labs, the venture capital and incubation arm of Binance, led the $1.5 million seed round for Bulletin Board System (BBS) Network, a decentralized Web3.0 public network of user-run online message boards.


Blockchain intelligence company TRM Labs announces $60 million financing to bolster cryptocurrency offering
Published: 07-12-2021 | 15:09:50 | By: Bob Koigi
TRM developed the first blockchain intelligence platform that combines cross-chain data with threat intelligence, advanced analytics, and intuitive visualizations to help organizations detect crypto fraud and financial crime.


Tōquidity secures seed round investment from Global Blockchain Ventures Fund
Published: 01-12-2021 | 13:16:00 | By: Pie Kamau
Tōquidity, a Tokenization as a Service company that unlocks liquidity for business and asset owners through digitization, announced Global Blockchain Ventures Fund, LP (GBV) has filled Tōquidity's seed round of funding.


Axelar secures investment from Crypto.com Capital to bolster its efforts to connect blockchain ecosystems
Published: 26-11-2021 | 11:00:00 | By: Pie Kamau
Axelar, the universal interoperability network connecting all blockchain ecosystems, applications, assets, and users, announced it has secured a strategic investment from Crypto.com Capital, the investment arm of cryptocurrency giant Crypto.com.


Lithuanian peer-to-peer crypto-asset swapping startup 123swap closes $210k seed round
Published: 26-11-2021 | 10:45:00 | By: Pie Kamau
Lithuanian peer-to-peer crypto assets swap platform123swap Finance announced it closed $210k seed round funding from a number of angel investors, including Becker Venture Capital and Steven Becker.


Africa-based cryptocurrency exchange Busha raises $4.2m seed round to deepen its market positioning
Published: 24-11-2021 | 07:34:00 | By: Pie Kamau
Africa-based cryptocurrency exchange Busha, raised $4.2 million seed round led by Jump Capital. Cadenza Ventures, Blockwall Capital, CMT Digital, Greenhouse Capital, Raba Capital, and other investors also participated in the financing round.


Crypto Valley Venture Capital initiates investment strategy to build blockchain accelerator for African startups
Published: 18-11-2021 | 10:32:00 | By: Pie Kamau
African blockchain disruptors and early-stage startups have joined CV Labs Global Incubation Program Batch 03. The African contingent of incubatees is reflective of Crypto Valley Venture Capital’s (CV VC) global investment strategy.


JAY-Z's VC firm Marcy Venture Partners invests in Iddris Sandu's impact-driven tech incubator, spatial LABS
Published: 26-10-2021 | 11:43:00 | By: Pie Kamau
JAY-Z's venture capital firm Marcy Venture Partners (MVP) has invested in 24 year-old technologist Iddris Sandu's impact-driven tech incubator: spatial LABS (sLABS).


Africa's crypto exchange Yellow Card raises $15m Series A funding to fuel expansion across the continent
Published: 28-09-2021 | 15:32:00 | By: Pie Kamau
Pan-African cryptocurrency exchange, Yellow Card, announced a $15 million Series A, the largest ever by an African cryptocurrency exchange, to ramp up hiring and continue its expansion across the continent.


EMURGO launches $100m Cardano ecosystem investment vehicle for early and growth stage startups
Published: 28-09-2021 | 15:19:00 | By: Pie Kamau
EMURGO, the official commercial arm of the Cardano blockchain, announced the launch of a new Cardano ecosystem investment vehicle to invest into early startup and growth stage companies focused on building socially impactful solutions powered by Cardano.


Madagascar Time startup launches charity cryptocurrency $TIME to fight climate change
Published: 10-09-2021 | 13:56:00 | By: Pie Kamau
Madagascar Time startup has launched $TIME, the new cryptocurrency focused on charity work around the globe. Backed by an international team, $TIME combines unprecedented technology in the crypto space with social entrepreneurialism.


Oddup raises $12.8m Series C funding to increase access to pre-eminent global startup ecosystem insights
Published: 01-09-2021 | 13:07:00 | By: Pie Kamau
Oddup, an international provider of data-driven insights for the startup and cryptocurrency ecosystems, announced the close of a $12.8 million Series C funding round.


Arrington Capital launches $100m fund to invest in Algorand-based initiatives
Published: 11-06-2021 | 15:38:00 | By: Pie Kamau
Arrington Capital, a digital asset management firm in blockchain-based capital markets announced it has launched a new $100 million fund to support initiatives building on Algorand, a blockchain accelerating the convergence of decentralized and traditional finance.


Huobi launches incubator program to provide assets, resources and guidance for startups
Published: 09-06-2021 | 16:07:00 | By: Pie Kamau
Huobi Group, a world cryptocurrency and blockchain company, announced the initiation of its incubator program, Huobi X Center, who's goal is to empower startups by providing customers a range of resources.


Blockchain startup Candela Coin develops solar powered eco-friendly cryptocurrency mining protocol
Published: 07-06-2021 | 14:29:00 | By: Pie Kamau
Candela Coin, a cryptocurrency that allows holders to take part in the first ever decentralized blockchain based peer-to-peer transactive solar energy system, has developed a solar powered eco-friendly cryptocurrency mining protocol.