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EIB Global announces $30 million investment in Seedstars Africa Ventures I, a VC fund for African entrepreneurs
Innovative businesses and start-ups across Africa will benefit from better access to risk capital thanks to a US$30 million equity investment by EIB Global in the Seedstars Africa Ventures I venture capital fund.
AI solutions provider Meeranda joins NVIDIA Inception
Meeranda, an AI solutions provider, announced it has joined the NVIDIA Inception.
KindWorks.AI raises $1.5m funding to revolutionize workplace culture using proven power of Kindness
KindWorks.AI has closed an oversubscribed pre-seed round over $1.5m.
Relocalize raises $2.5m seed round to decarbonize food & beverage manufacturing
Relocalize has raised $2.5m in the initial closing of $3.5m seed round.
Plug and Play Alberta announces 73 startups for Fall cohort accelerator programs
Plug and Play Alberta has announced 73 startups for the Fall cohort.
Canadian e-Commerce inventory platform Centro launches with $2m pre-seed funding round
e-Commerce inventory platform Centro, announced a $2m in pre-seed funding.
Epson opens call for third Innovation Challenge for startups and developers
Epson is expanding its third Innovation Challenge for developers and startups.
Cardata raises $100m capital to accelerate growth in product innovation
Cardata has announced a new round of growth investment.
CENTA platform crosses 1m, becomes world's largest community of teachers
Centre for Teacher Accreditation recently launched its enhanced native app, CENTA.
Montreal startup Urbanoid files patent for AI solution based on location intelligence
Urbanoid has developed an innovative technology for marketers to target ads.
South Korean edtech startup Mathpresso secures $8m to accelerate growth
Mathpresso has raised $8m from Korea's telecom giant, KT.
Human-like AI Meeranda is now a part of Microsoft for Startups Founders Hub
Meeranda announced its acceptance into the Microsoft for Startups program.
Upskilling startup AlmaBetter partners with Woolf to deliver accredited degrees to online learners
AlmaBetter has partnered with Woolf.
Palantir partners with Toronto-based startup AirMatrix to scale drone operations
Palantir Technologies and AirMatrix have partnered to accelerate drone operations.
Cargo airline startup Ribbit signs $1.3m to test autonomous flights in Canada
Ribbit has signed a $1.3m to test autonomous flights across northern Canada.
New PitchBook survey finds majority of venture capitalists have invested in AI
PitchBook has released findings from a new survey in partnership with Collision.
Plug and Play, Suncor partner to accelerate sustainable energy, digital transformation
Plug and Play has announced a new relationship with Suncor.
[Interview] Joel Daniel, Founder, Solutions Platforms, Nigeria
Joel Daniel is the founder of Solutions Platforms, a company that grooms young people to succeed and have global relevance by leveraging its various programs designed to foster international education.
Healthtech startup WELL invests in doctorly, launches strategic alliance to tech enable German doctors
WELL Health Technologies (WELL), announced it has made a strategic investment, through its wholly owned subsidiary, WELL Ventures, in doctorly GmbH (doctorly), a medical practice management software provider based in Germany.
Elgon Kenya partners with Ministry of Agriculture to reward young farmers
Agro input company Elgon Kenya has partnered with the Ministry of Agriculture and the Ministry of Education to reward pupils and their teachers for participating in food production in a wider scheme that seeks to motivate school going children into farming.
CcHUB launches $15m accelerator for edtech startups in Kenya and Nigeria
Co-Creation Hub (CcHUB), touted as Africa’s largest innovation and incubation hub, announced it is launching a $15 million accelerator program for targeting edtech startups.
Canadian healthtech startup The Rounds closes $6.7m Series A funding to accelerate growth
The Rounds, a Canadian healthcare tech startup, announced the successful close of its Series A round with two follow-on investments totaling $1.6 million CAD from Panoramic Ventures.
New Orleans edtech startup Pressto utilizes AI to revolutionize writing instruction
Edtech startup Pressto is releasing unprecedented teacher-driven product enhancements, including the incorporation of unique AI capabilities, at the Future of Education Technology Conference in New Orleans.
Oklahoma universities, Tulsa Innovation Labs partner to launch Canopy HealthTech
The University of Oklahoma, University of Tulsa, Oklahoma State University, and Tulsa Innovation Labs, announced the launch of Canopy HealthTech, a new multi-year initiative to accelerate the commercialization of virtual health innovations.
Toronto-based startup Credential Sentry automates occupational license verification to combat negligent hiring and retention
Toronto-based startup Credential Sentry, has developed an advanced data analytics algorithm to streamline the credential verification process for businesses operating in licensed industries.
Terramera creates enrichAg to commercialize transformative soil analysis platform with $6m from At One Ventures
Terramera announced the formation of its new majority-owned subsidiary, enrichAg, which will focus on commercializing its soil enrichment platform. The seed round is led with a $6 million investment from AOV.
Maven Mentorship programme to equip teenagers with skills for the future
Former Principal Executive Director at Britam PLC Stephen Wandera has launched a mentorship programme aimed at equipping teenagers with the necessary skills to be prepared for the future.
Italian edtech startup Wyblo acquires college communication platform Clay to scale social learning
Wyblo, an Italian edtech startup creating tech to support the training industry, has acquired Clay, a Berlin-based startup that created a digital tool that helps instructors create a social classroom.
EG Capital announces anchor closing of its maiden fund to invest in startups across East Africa and Zambia
EG Capital, a growth-oriented private equity impact firm has announced the anchor closing of its first EG-Economic Empowerment Fund LP (EG-EEF), which will invest in medium-sized businesses.
Canadian healthtech startup KeyOps raises $4m seed round to fuel expansion in the U.S.
KeyOps, a Toronto-based Insights-as-a-Service (IaaS) startup, announced it has raised $4 million (CAD) in seed funding.
Canadian B2B automotive trading startup TRADE X opens new trading facilities in Kenya
TRADE X, a B2B cross-border automotive trading platform based in Ontario, Canada, announced it has opened a new Kenyan trading corridor, which includes both a shared bonded warehouse in Mombasa and an office in Nairobi.
Canadian SaaS startup Produce8 closes $6m investment to accelerate growth in the future of workforce analytics
Produce8, a startup SaaS company aiming to reduce distractions and increase productivity for distributed and digital-first teams, announced $6 million in funding to support strategic growth.
[Column] Natalia Ahmadian: Four ways to accelerate tech transfer in Europe
The importance of university spin-offs has been recognized for decades. Several studies showed that Tech Transfer is beneficial for social welfare and entrepreneurial activity
Plug and Play partners with Canadian airline WestJet to leverage AI and Machine Learning solutions
Global innovation platform Plug and Play announced its partnership with WestJet, Canada's second largest airline in both their Silicon Valley and Alberta, Canada locations.
Montreal-based BoostSecurity exits stealth with $12m seed funding to secure the software supply chain
BoostSecurity, the developer-first, zero friction DevSecOps automation platform that builds trust into every step of the software supply chain, has emerged from stealth with $12 million in seed funding.
[Startup Interview] Ganesh Verma, Founder, MoogleLabs, Canada
MoogleLabs is a Canadian startup that leverages emerging technologies like artificial intelligence, machine learning, Blockchain, DevOps, and Metaverse to come up with innovative solutions that help companies become more cost-effective.
AI startup Prof Jim auto-converts textbooks into cinematic lessons
Prof Jim is launching out of stealth with one of the first practical applications of generative AI in education. This technology transforms textbooks into visually dynamic online courses.
Canadian Lia 27 becomes the new face of AI after closing seed funding round at $5m valuation
Canadian Artificial Intelligence (AI) company Lia 27 Inc, announced it has closed a seed funding round valuing the company at $5 million. The funding launches the one-year-old business into the next dimension.
Idealist Capital announces first close of its Climate Impact Fund to accelerate energy transition
Idealist Capital, a North American fund with a primary focus on the Canadian market, announced the first closing of the Idealist Climate Impact Fund LP (the Fund) with capital commitments totalling C$250 million.
Canadian Raven Indigenous Capital Partners launches Fund II at $46m, eyes U.S. markets
Raven Indigenous Capital Partners, North America’s only Indigenous-led and owned venture capital intermediary, launched its second fund (Raven Fund II) with an initial close of $46 million, and a target size of $75 million.
Canadian startup Vive Crop Protection closes $26m funding round to accelerate its precision chemistry platform
Vive Crop Protection announced the close of $26 million Series C investment round, led by Emmertech with participation from the Cibus funds, and existing investors Business Development Bank of Canada (BDC).
Budmail announces partnership with Canadian AI startup Lil Durk
Lil Durk (LilDurk.com), a Canadian news & technology company enhanced by AI-driven neural networks, has announced a strategic partnership agreement with Budmail, a retail-focused cannabis company.
Canadian AI startup Proto raises $5.6m Series A funding to accelerate global expansion
Canadian startup Proto announced it has raised $5.6 million Series A round led by Mucker Capital with participation from Yolo Investments for the global expansion of its AI Customer Experience (AICX) solutions.
Finnish edtech startup Kide Science raises €1m bridge round to accelerate growth
Finnish edtech startup Kide Science announced it has raised €1 million, to support their new and exciting bid to expand from primarily science education, into all early years subjects.
Canadian news and technology startup startup Lil Durk raises $20m to reduce misinformation
Lil Durk (LilDurk.com), a Canadian news and technology startup enhanced by A.I.-driven neural networks, announced it has raised an additional $20 million in equity through a private funding round led by Alexander Elder.
Michigan-based edtech startup Alchemie earns $1m grant for accessible learning for STEM
Alchemie, an educational technology company based in Troy, Michigan, announced it has received a prestigious one-million-dollar Small Business Innovative Research (SBIR) grant from the Department of Education's Institute of Education Sciences.
Canadian biotech startup Spiderwort secures $13.2m financing to accelerate clinical trials of biomaterials
Spiderwort, the biotech company innovating in cellulose-based tissue scaffolding to treat acute spinal cord injuries, announced the successful completion of its $13.2 million Series A financing.
Live-streaming platform Elevate K-12 raises $40m Series C to address the growing national teacher shortage
Elevate K-12, provider of high-quality live-streaming instruction for US K-12 classrooms, has closed a $40 million Series C round of funding led by venture capital firm General Catalyst.
Inovia Capital closes $325m early-stage fund to strengthen the Canadian tech ecosystem
Inovia Capital announced it raised $325 million for its fifth early-stage fund, the latest step in its journey to help build global, sustainable companies that strengthen the Canadian tech ecosystem.
Tunisian edtech startup GOMYCODE raises $8m Series A funding to expand across Africa
Tunisian edtech startup GOMYCODE, raised $8.85 million in series A funding, one of the highest African funding this quarter to expand across Africa.
Canadian digital footprint monitoring startup Flare raises CAD$9.5m Series A to democratize cybersecurity
Flare, the leader in digital footprint monitoring, announced a CAD$9.5 million Series A Round led by Inovia Capital with participation from White Star Capital and Luge Capital.
Nigerian edtech startup Afrilearn attracts UNICEF Innovation Fund
Nigerian edtech startup Afrilearn has emerged as the only Nigerian startup to join the latest cohort of the UNICEF Venture Fund.
Vancouver cleantech startup VoltSafe introduces electrical technology to reduce the effects of inflation
Vancouver cleantech startup VoltSafe has introduced a new electrical technology to reduce inflation effects in marine, automotive and housing industries.
Birmingham-based startup Astound raises $1m seed round to improve university access to corporate-sponsored research funding
Astound, a Birmingham-based startup, secured $1 million in seed funding to develop the first marketplace to allow research institutions and universities to easily find corporate sponsors.
South African edtech startup FoondaMate secures $2m seed funding to accelerate growth
FoondaMate, a South African edtech startup, has secured $2 million in seed funding to increase usage of its Whatsapp and Facebook-based learning chatbot throughout the globe.
Canadian biotech startup Evolved Meats raises $2m seed round to accelerate growth
Evolved Meats ("Evolved"; formerly known as CaroMeats), a Canadian biotechnology startup, has raised $2 million in its seed round to accelerate its product development and to support the initial scale up of its production processes.
Canadian medical startup DrugBank raises $9m to solve growing biomedical data problem
Canadian future of medicine startup, DrugBank, announced the securing $9 million in seed funding to solve the challenges associated with the world's exponentially-growing biomedical data.
Construction tech company myComply closes $4.5m seed round to expand its workforce management solution
myComply, a Saskatchewan-based of IoT technology and cloud-connected software for the construction industry, landed its final capital to close its seed round investment at a total of $4.5 million.
Swiss edtech startup Alphacruncher raises €1.45m for global rollout of research cloud workspace product
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
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.
Canadian tech startup Calico secures $2.1m to revolutionize modern supply chains
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.
Edtech startup Tutored by Teachers raises over $10m to bolster America's K-12 schools, close the opportunity gap for high-need students
EdTech startup Tutored by Teachers (TbT) announce it has raised over $10 million in Series A funding, led by GSV Ventures, to expand its teacher community.
Canadian impact venture fund Amplify Capital closes $30.7m Fund II, expands investment team
Amplify Capital, a Canadian impact venture fund, closed its oversubscribed Fund II on January 31, 2022, at $30.7 million. Amplify Capital was rebranded from the MaRS Catalyst Fund after spinning out of the MaRS Discovery District in 2019.
Dutch edtech startup Winc Academy raises $3m to train 20,000 IT professionals in Europe
Winc Academy announced a $3 million funding round led by Rubio Impact Ventures and Dutch Founders Fund to increase the steep growth of its education platform.
Canadian fintech startup Periculum launches in Nigeria to build credit assessment infrastructure for Africa
Canadian fintech startup and credit assessment company Periculum, has launched in Nigeria to tackle the challenge of domestic credit to the underserved markets.
Canadian fertility tech startup raises Series A financing round to progress AI-enabled fertility solutions
Future Fertility, a fertility technology company developing AI-enabled and non-invasive fertility solutions to optimize clinical decision making in fertility care and in vitro fertilization (IVF), announced it has successfully raised a Series A financing round.
The University of Nairobi and Elgon Kenya to develop agriculture technology and innovation centre
The agriculture sector in Kenya has received a major boost following a partnership between two leading institutions to set up a technology and innovation centre, the first of its kind in East Africa.
Africa-focused edtech startup Edukoya raises $3.5m pre-seed round to accelerate growth
Edukoya, an Africa-focused online learning platform, has raised $3.5 million in a pre-seed round led by Target Global with strategic participation from angel investors including European and African founders.
Canadian electric vehicle startup eLeapPower raises $21m funding to accelerate initial production and global growth
eLeapPower, a technology innovator revolutionizing electric vehicles inside and outside, with its Smart Inverter System, announced it raised $21 million CAD in Series A funding.
Canadian fintech startup Payment Rails rebrands as Trolley, closes $7 million funding
Canadian Fintech startup Payment Rails has revealed that it is rebranding as Trolley—the payouts platform for the internet economy. The newly renamed Trolley also announced its recent $7M Series A funding round led by Pace Capital.
Canadian bike-tech startup MyVeloFit secures seed funding to scale up its operations, expand service offering
Canadian bike-tech startup MyVeloFit secured seed funding with Shopify's former Chief Technology Officer Cody Fauser leading the investment.
Canadian startup OutPoint raises $1.2m to help high-growth brands improve paid marketing effectiveness
OutPoint, an automated media mix modeling (MMM) platform, announced it raised $1.2 million in pre-seed funding to transform how high-growth consumer brands measure paid media effectiveness and diversify marketing investments.
Axelar secures investment from Crypto.com Capital to bolster its efforts to connect blockchain ecosystems
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.
Toronto-based mobility startup Treepz expands to East Africa, acquires Uganda's Ugabus
In a bid to digitize the public transportation system and provide safer, reliable and comfortable commute options across Africa, Toronto-based shared mobility company Treepz, announced its acquisition of a similar Ugandan bus company Ugabus.
Healthy dog food delivery startup, Dog Standards, launches in Canada
The company will be one of the first of its kind in Canada to offer human-grade, vet-developed and preservative-free dog food direct-to-consumers across the country.
South Korea-based Edtech startup Mathpresso secures strategic investment from Google
South Korea-based edtech startup Mathpresso has announced that it has received an investment from Google.
Private equity firm Evegreen acquires majority stake in edutech startup DreamBox Learning
TPG’s The Rise Fund will retain a significant minority stake and continue to be represented on the company’s Board of Directors.
Indian education infrastructure startup Teachmint raises $78m Series B round to accelerate growth
Teachmint, the education infrastructure startup and the creator of India's largest teaching platform, raised $78 million in Series B round led by Rocketship.vc and Vulcan Capital.
Pan-African fintech startup Payday joins Techstars Toronto Accelerator program
Payday, a Pan-African fintech startup announced it has joined Techstars Toronto Accelerator program.
Indian edtech startup ConveGenius raises $5m pre Series A funding to accelerate growth
Indian edtech startup ConveGenius AI has raised $5 million in Venture Capital funding to grow its conversational AI platform in India and South-East Asian markets.
Canadian energy startup Pani secures $8m to scale up AI solution to improve water and energy efficiency in water treatment facilities
Pani, a Canadian software-as-a-service (SaaS) company, announced the completion of an oversubscribed $8 million CAD capital raise.
Canadian precision-farming startup Semios raises $100m in capital to expand agtech platform globally
Semios, a precision-farming platform and one of the world's largest independent agtech solutions providers, announced it has raised $100 million in funding led by Morningside Group, a Boston-based private equity and venture capital firm.
Social learning startup Fiveable closes $10m Series A funding to fuel student-led online spaces
Fiveable, a social learning platform that has supported more than 7 million high school students since 2018, has raised $10 million in Series A funding led by Union Square Ventures with participation from Owl Ventures and Progression Fund.
Alberta tech startups to plug into global innovation system through new business accelerator
Alberta tech entrepreneurs and startups will soon have access to an accelerator with worldwide reach that will help them grow their businesses.
Canadian supplier enablement startup Convictional raises $6.7m Series A funding
Convictional, the first supplier enablement platform for retailers and distributors to power drop ship, marketplace and wholesale business models in one solution, announced it has secured $6.7 million in Series A funding.
Canadian machine learning startup Private AI secures $3.15m seed round to streamline privacy compliance for enterprises
Private AI, a developer of privacy-preserving machine learning and natural language processing tools, announced it has secured $3.15 million in seed funding to improve its product offering.
Canadian machine learning startup CruxOCM raises $6m venture financing to accelerate growth
CruxOCM, the pioneer of robotic industrial process automation (RIPA) for control room operations, announced it has raised $6 million in venture financing to fuel growth.
Canadian plant-based food innovation startup TMRW Foods raises $2.6m in seed round funding
TMRW Foods, the growing Canadian plant-based food innovation company, announced a seed round investment of $2.6 million.
Foodtech startup GrubMarket acquires Bartolotta, further expands in Eastern US and Canada
Food technology startup GrubMarket announced it has completed the acquisition of Bartolotta, a full-service provider of fresh fruits and vegetables to customers in New England, the Mid-Atlantic and Eastern Canada.
FedTech leverages Converge, a startup studio event to expand access to deep tech
The Department of Homeland Security (DHS) Science & Technology Directorate (S&T) is partnering with FedTech to provide equal and inclusive access to government and university-sourced next-gen deep technologies for entrepreneurs with diverse backgrounds.
UNest acquires Kidfund, the savings app designed for children
The acquisition of Kidfund will further accelerate UNest’s growth and deepen the company’s goal to simplify and streamline how parents save and invest for their kids’ future.
Canadian tech startup Edgehog secures $1.25m seed round to accelerate growth
Edgehog Advanced Technologies, developer of the world's best nanotextured, omni-directional, anti-reflective glass, announced the first closing of $1.25 million of its $2.5 million seed capital raise.
Tech startup Properly raises $35m Series B financing to transform real estate experience In Canada
Properly, the Canadian tech-enabled real estate brokerage, announced $35 million in Series B financing to fuel a national expansion across Canada's $400 billion real estate market.
LearnWorlds secures $32m in growth funding to help educators create and sell online courses
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.
Seoul-based edtech startup Mathpresso secures $50 million in Series C funding
Seoul-based edtech startup Mathpresso announced it has raised $50 million in a Series C funding round last week, bringing the company's total funding to $105 million.
Canadian space-tech startup SkyWatch partners with Wyvern to deliver next-gen earth observation data
SkyWatch Space Applications, a Waterloo-based space technology startup, signed an agreement to deliver data management capabilities to Wyvern, a commercial space data company headquartered in Edmonton, Alberta, Canada.
Toronto-based multifamily proptech startup Yuhu launches in the US
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.
GG4L acquires edtech startup Stackup
Global Grid for Learning (GG4L), announced the acquisition of Stackup, an edtech startup with a focus on learning outcomes in K-12 education.
Canadian Esplanade Healthtech Ventures closes oversubscribed inaugural digital health fund
Esplanade HealthTech Ventures (Esplanade or the Fund), announced the closing of its oversubscribed inaugural venture fund, Esplanade HealthTech Ventures I (Fund I), with commitments totaling more than C$21 million.
Food startup OZO expands plant-based proteins to international retail starting in Canada
Planterra Foods, an innovative plant-based protein startup based in Colorado, announced a supply agreement with UNFI Canada, a subsidiary of UNFI, the largest publicly traded grocery distributor in North America.
Fintech startup The Beans announces $2m in funding to simplify the path to financial success
The Beans, a financial technology startup built for America's Caring Class, announced $2 million in funding, led by Precursor Ventures.
Canadian commercialization venture firm FACIT leads seed round in Nanology Labs
FACIT, a commercialization venture firm focused on advancing Ontario's top-tier oncology innovations, announced a new follow-on investment in startup Nanology Labs.
Base10 Partners raises advancement initiative to grow HBCU endowments and catalyze wealth creation
Building on their VC Diversity Pledge, Base10 Partners announced the raise of a new $250 million fund with the mission of aligning the success of technology companies with wealth creation for underrepresented minorities.
Payment facilitation startup Tilled raises $11m Series A to provide PayFac-as-a-Service infrastructure to software companies
PayFac-as-a-Service startup Tilled, announced the close of $11 million in Series A funding to empower software companies to monetize the payments flowing through their platforms.
South Korean AI startup Riiid raises $175m from SoftBank Vision Fund 2 to accelerate growth
Riiid Inc (Riiid), an AI education company and a member of Born2Global Centre, has raised $175 million investment from SoftBank Vision Fund 2.
Canadian startup OpenUnit closes $1m seed round for expansion
OpenUnit, a Y Combinator-backed all-in-one commerce platform for self-storage facilities, announced that it has raised a $1 million seed investment round with participation from luminaries in the real estate and technology industries.
UC Berkeley SkyDeck selects 17 companies for Batch 12 startup cohort
The new group of startups specializes in a wide range of industries including AI, life sciences, semiconductor chips, HR, robotics, and enterprise software. The acceptance rate for the new cohort was 1.3%.
Creator platform Fanbase attracts high-profile artists and creators, expands into three new territories
Fanbase, the subscription-based social platform that empowers creators to monetize their content and grow their fanbase, is on the verge of closing its seed round, already raising $3.1 million dollars on StartEngine.
Plug and Play Canada selects 12 startups to participate in Toronto Supply Chain and Logistics Program
Plug and Play Canada announced the selection of 12 startups into the first batch of the Toronto Supply Chain & Logistics Program.
Canadian startup Agnostiq secures $2m seed round to further develop SaaS-based quantum solutions
Agnostiq, Inc., the quantum computing SaaS startup, has raised $2 million in seed funding to support the continued development of its software platform.
DBSA launches second edition of the Youth Challenge in South Africa
The Development Bank of Southern Africa (DBSA), launched the second edition of the DBSA Youth Challenge, a competition aimed at harnessing innovative solutions from young people in South Africa to help address infrastructure challenges.
Dutch impact investment firm Goodwell Investments launches €50 million fund to support African SMEs
Goodwell V will build a new portfolio of companies across various sectors in Africa: at least a third will be invested in financial inclusion, a quarter in agriculture, and the remainder in mobility and other impact sectors such as education and healthcare.
Ericsson launches Graduate Programme in Kenya
The programme aims to grow the technical skills of the graduates, training them on the Ericsson technology, solutions and, delivery and providing them with an understanding of Ericsson’s processes, methods and tools.
EdCraft startup raises $1m pre-seed round to expand its edtech platform in the U.S.
EdCraft, an early education platform launched by former McKinsey executives, raised $1 million from a group of Silicon Valley based angels. The startup aims to equip its students, aged 6-13, with essential 21st-century skills.
Cincinnati startups Abre and Pay Theory partner to transform education
Abre.io (Abre), and Pay Theory announced their partnership to help them better achieve their shared mission of breaking down socioeconomic and technical barriers to education.
Agora debuts program to help startups accelerate time-to-market, create engaging experiences for customers
Agora Inc., a pioneer platform for real-time engagement APIs, announced the debut of the Agora Startup Program to empower global entrepreneurs and startup founders with exclusive backend support for real-time engagement.
SOSA teams up with the CTA to scale Canadian cyber startups in the U.S
SOSA, the global open innovation company, announced its partnership with the Canadian Technology Accelerator (CTA), to launch the next CTA Cybersecurity, Privacy & Compliance Virtual Program in New York.
Canadian startup Arteria AI raises $11m on oversubscribed Series A to accelerate growth in global financial institutions
Arteria AI, a global player in enterprise digital contracting, announced the closing of an oversubscribed Series A funding round, led by Information Venture Partners and Illuminate Financial Management.
SchooLinks startup lands $8.3m Series A for college, career success for diverse student population
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 fintech startup FIX4 set to transform car repair loan market
Canadian retail finance startup FIX4 Capital has joined the "Buy Now Pay Later" boom by offering instant online loan approvals so customers can enjoy flexible payment solutions for any car repair and maintenance estimates.
African Edtech startup Kabakoo receives funding from Zoom, launches first no-code training in Africa
Committed to democratizing access to tech education for the African youths, Kabakoo has launched the first no-code training in West Africa for a batch of twenty learners at its Bamako campus.
Canadian cybersecurity startup Turnstil.Cloud bot analytics & management for cloudflare emerges from stealth
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.
Edtech startup Quizizz raises $12.5m in Series A to empower teachers around the world
Quizizz, an edtech startup with a presence in India and the U.S., announced a $12.5 million Series A funding round led by Eight Roads Ventures with participation from GSV Ventures, Rocketship VC and existing investors Nexus Venture Partners.
Tech startup Mokusei offers 100% funding aid for individuals to cover their education and travel expenses
Incorporated on 17 Feb 2021, Mokusei Intelligence (Mokusei), is a social impact & education centric tech startup focused on developing AI/ML based algorithms and solutions.
Union Bank of Nigeria to support startups through UnionX Innovation Challenge
Union Bank, one of Nigeria’s foremost financial institutions, has unveiled the 2021 UnionX Innovation Challenge, as part of efforts to support young startups and boost innovation in the startup ecosystem.
Blockchain startup Vaionex Corporation completes seed funding round with Two Hop Ventures
Vaionex Corporation, a blockchain startup founded by students from the University of Cambridge, announced it has completed a seed funding round with Two Hop Ventures, a Dutch venture capital firm focused exclusively on investing in Bitcoin SV startup.
Nex Cubed partners with Canadian government to support digital health startups
Nex Cubed, early-stage innovation and startup acceleration, announced a partnership with the Government of Canada to launch the SoCal Tech Highway Digital Health Program to support Canadian Digital Health startups .
EUNIKE Ventures partners with Foresight to accelerate growth of cleantech ventures in Canada
Foresight Cleantech Accelerator Centre (Foresight) and Eunike Ventures (Eunike) announced a collaborative partnership to further accelerate the growth of Canadian companies with promising cleantech solutions for the energy industry.
[Startup Interview] Wayne Madhlangobe, Co-Founder, Intelius AI, Canada
Intelius AI is a Canadian startup offering an array of advanced analytics consulting services across industries and assisting businesses to leverage artificial intelligence to make confident and informed decisions. The startup's co-founder and CTO, Wayne Madhlangobe, explains.
Panoramic Ventures launches with $300m fund
Panoramic Ventures announced its formation through a partnership between highly successful entrepreneur and investor Paul Judge and BIP Capital.
Career development startup Careerist raises $1.25m in seed round at $21m market cap
Careerist (ex JobEasy), a Silicon Valley-based career development platform which adapts US labor to the new economy for a share of the future salary, has raised $1.25 million in seed financing.
Canadian tech startup Vegano disrupts meal-kit delivery services market
Vegano, Canada's first plant-based meal-kit delivery service, is helping Canadians take plant-based living beyond Veganuary. Following its official launch on January 4, 2021, Vegano has delivered over 800 meals.
Canadian edtech startup Wize raises $3m to enhance online learning experience
Wize, a fast-growing online education platform that delivers course-specific video tutorials and exam-like practice problems for high school, college, and university students across North America, announced it has raised $3 million in funding.
Canadian startup Tealbook raises $14.4m Series A funding to accelerate growth
Tealbook, the Trusted Source of Supplier Data, announced it closed $14.4 million on the heels of tremendous growth, in an A round with lead investor, RTP Global.
Canadian hormone tracking startup Eli raises $1.5m to reshape women's health
Eli, a company enabling women to own their fertility and health decisions with a novel hormone tracking technology, announced its $1.5 million seed round co-led by Vectr Ventures and 2048 Ventures.
Canadian financial-planning startup Planswell eyes global expansion with C-suite appointments
Planswell, the Toronto-based startup delivering free financial plans in about three minutes at Planswell.com, is preparing for expansion to Latin America and Asia by filling key executive positions.
University of Chicago’s Polsky Center launches tech accelerator programme for early-stage startups
The Polsky Center for Entrepreneurship and Innovation at the University of Chicago has launched the Compass, a first-of-its-kind deep tech accelerator program for early-stage startups.
Innodem Neurosciences secures $6m Series A financing from Morningside Group
Innodem Neurosciences, a Montreal-based company, has closed a Series A financing round led by Morningside Ventures to support the development and commercialization of its proprietary, patented, digital biomarking technology of neurodegenerative diseases.
Ontario Brain Institute increases investment in Diamond Therapeutics startup to accelerate innovation in mental health
Emerging psychedelic drug development company Diamond Therapeutics has received new investment from the Ontario Brain Institute (OBI), a not-for-profit organization that accelerates discovery and innovation, benefiting both patients and the economy.
Canadian energy innovator e-Zinc raises $2.3m to accelerate commercialization of its breakthrough energy storage technology
e-Zinc, a Toronto-based energy storage innovator, announced it has raised $2.3 million in a closed round led by BDC Capital's Cleantech Practice.
Canadian tech startup 3D CityScapes to revolutionize real estate, property development industries
Canadian tech startup 3D CityScapes announced a breakthrough in its cloud streaming technology that allows their interactive visualization app to be available anywhere, on any device with internet connection.
Edtech startup Sketchy announces Andrew Sugerman as President
Sketchy, an online education company that teaches complex concepts through visual memory techniques has named seasoned media executive, Andrew Sugerman, as President.
SnapAP secures new equity investment financing led by Israel-based angel group
Snap Accounts Payable Corporation announced it has completed the first stages of a planned $2 million Seed Stage round of financing being led by a group of angel investors all located in Israel.
[Startup Interview] James Adebisi, Founder, Xpora Academy, Nigeria
Xpora Academy is a Nigeria-based e-learning platform that equips the youth with in-demand digital skills relevant to the present and future of work.
Canadian City MOGULS launches online startup pitch competition
Toronto-based City MOGULS lauched Moguls in The Making, an opportunity for startups to pitch their business in front of a panel of expert judges and live audience on December 16, 2020.
Canadian medtech startup Kenota Health raises $11m to bring point-of-care allergy testing to healthcare clinics
Kenota Health, an innovative medical technology company based in Canada, has raised $11 million in funding with the aim of providing rapid and reliable allergy testing for physicians to test and treat more patients within a single clinic visit.
Cincinnati-based startup Pay Theory launches new purpose-built payment solution for education
Pay Theory, a Cincinnati-based startup, launched a new payment processing platform with the mission of making school fees and payments straightforward for all involved parties: families, educators, and administrators.
Plant-based activewear startup TVAAG launches on Kickstarter
Plant-based activewear startup TVAAG announced its launch on on Kickstarter. Founded in P.E.I in 2020, TVAAG uses a combination of Indian traditional textile manufacturing principles and modern fabric technology in sustainable fashion.
Zimbabwe startup Phenomenon Technologies partners with MEL Science for applied learning solutions in Africa
Zimbabwean startup Phenomenon Technologies has partnered with global science kits giant MEL Science in a strategic move meant to enable applied science learning in Zimbabwe and Africa.
Tech startup Nestlings raises $1.5m to help international students through college application process
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.
Dutch non-profit start-up Spacebuzz awarded four international Lovie Awards
ESA astronaut André Kuipers’ SpaceBuzz won four prizes during the 10th annual international Lovie Awards presentation: Two Jury Lovie Awards – Best Narrative experience and Virtual Reality – and two People’s Lovie Awards from public votes.
[Startup Interview] Almasi Ndangili, Founder, Imarisha East Africa Productions, Kenya
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.
Mohammed VI Polytechnic University partners with Plug and Play to launch accelerator programme in Morocco
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.
Nigerian CcHUB acquires Kenyan edTech startup eLimu
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.
[Algeria] Sonatrach invests in university incubator for startups
Algeria state owned oil company Sonatrach has partnered with the National Agency for the Promotion of Research and Technological Development Results (ANVREDET), to establish a university incubator for start-ups.
Toyota AI Ventures invests in Canadian robotic kitchen startup YPC Technologies
Toyota AI Ventures, Toyota's early-stage venture capital fund, announced its investment in YPC Technologies, a robotic kitchen startup based in Montreal, Canada.
Halifax partners with ShopHere powered by Google to help small businesses sell online
Halifax Partnership has launched the ShopHERE powered by Google program in Halifax, a Canadian initiative that helps small businesses build online stores.
Canadian tech startup S-Factor launches final seed fundraising round
S-Factor, a private technology firm providing the most comprehensive set of social impact data currently available on the market, announced the launch of its final seed fundraising round via a private equity placement.
S2G Ventures, CDPQ announce funding for startups in sustainable food business
Caisse de dépôt et placement du Québec (CDPQ) and S2G Ventures (S2G) have announced creation of a co-investment partnership that will target ventures that aim to make the food and agriculture industry more sustainable.
Unacademy acquires exam prep startup Coursavy
India edtech company Unacademy has acquired Coursavy, a platform for Union Public Service, UPSC exams preparation.
Online sales program startup Virtanza closes $1m in private investment funding round
Sales2Job Academy, DBA Virtanza, an Orange County-based company that offers higher education a scalable sales training solution directly connected to employers, announced it has raised seed round funding totaling $1 million from private investors.
ventureLAB, Silicon Catalyst partner to expand hardware and silicon ecosystem in Canada
Canada-based technology hub ventureLAB has partnered with Silicon Catalyst to expand its reach for the Hardware Catalyst Initiative (HCI), Canada’s first hardware and silicon lab and incubator.
Sanbox acquires UK education startup Teachit
Sandbox, an operating platform for digital educational products and services has announced that it has acquired Teachit, a UK-based teacher resource provider from education charity AQA.
SaaS Ventures announces launch of second fund, raises $20m in first close
SaaS Ventures, a Maryland-based venture capital firm focused on investing in early stage enterprise technology companies in secondary markets throughout the U.S. and Canada, has announced the launch of a second fund (Fund II).
Paul Lamontagne steps down as CEO of FinDev Canada
Following close to three years as the first CEO of Findev Canada, Paul Lamontagne has announced that he is stepping down effective September 11, 2020.
Paris-based startup Klassroom raises $3m to expand from France to other countries including the U.S.
Klassroom, the Paris-based company that reinvents parent-teacher communication in pre-kindergarten and all elementary school grades, raised a $3 million seed round led by Bpifrance.
Canadian startup OpenUnit raises $150K pre-seed funding from Y Combinator
Toronto-based OpenUnit announced it has raised $150,000 in pre-seed funding from US accelerator Y Combinator.
Connectus Global closes venture funding round from Texas based CSL Ventures
Canadian based Connectus Global (Connectus), closed its Seed Round of financing led by Houston, Texas based CSL Ventures, the venture capital arm of energy services private equity firm CSL Capital Management.
San Francisco edtech startup Springboard raises $31 million Series B funding
San Francisco edtech startup Springboard has raised $31 million in Series B funding led by Mark Sherman and Albert Bielinko from Telstra Ventures, Arrun Kapoor from SJF Ventures, and YB Choi from Vulcan Capital.
Moroccan learning startup KoolSkools raises $417,000 for local, international expansion
Moroccan learning platform KoolSkools has raised $417,000 from Maroc Numeric Fund II an unnamed business angel.The investment will be used to finance the development of KoolSkools both in Morocco and internationally.
CirrusHQ announces £400,000 investment, appointment of Alastair Mills as new Chairman to drive business growth in the UK
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.
Finnish startup Kide Science raises €1.5m in seed round to accelerate international growth
Global early childhood science learning provider startup Kide Science has secured €1.5m funding in a seed round led by Sparkmind.vc, with selected existing investors including Zanichelli Venture also participating.
Flat6Labs Tunis hosts Fifth Demo Day, graduates 8 startups digitally
Flat6Labs Tunis celebrated it’s fifth Demo Day online, with 8 innovative startups presenting their businesses to hundreds of registered attendees.
[Startup Interview] Julius Masaba, Co-Founder, Ablestate, Uganda
Ablestate, a Ugandan startup works with businesses to point them to the right software developers while offering digital training to institutions of higher learning. In the process the startup is addresings youth unemployment in the East African nation.
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here