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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3783830 | Tags:













EIB Global announces $30 million investment in Seedstars Africa Ventures I, a VC fund for African entrepreneurs
Published: 11-01-2024 | 16:12:27 | By: Bob Koigi
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. 


CENTA platform crosses 1m, becomes world's largest community of teachers
Published: 02-10-2023 | 12:47:00 | By: Pie Kamau
Centre for Teacher Accreditation recently launched its enhanced native app, CENTA.


South Korean edtech startup Mathpresso secures $8m to accelerate growth
Published: 12-09-2023 | 11:41:00 | By: Pie Kamau
Mathpresso has raised $8m from Korea's telecom giant, KT.


Upskilling startup AlmaBetter partners with Woolf to deliver accredited degrees to online learners
Published: 01-08-2023 | 13:41:00 | By: Pie Kamau
AlmaBetter has partnered with Woolf.


[Interview] Joel Daniel, Founder, Solutions Platforms, Nigeria
Published: 20-03-2023 | 14:42:00 | By: Pie Kamau
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.


Elgon Kenya partners with Ministry of Agriculture to reward young farmers
Published: 23-02-2023 | 13:15:00 | By: Bob Koigi
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
Published: 21-02-2023 | 10:16:00 | By: Pie Kamau
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.


New Orleans edtech startup Pressto utilizes AI to revolutionize writing instruction
Published: 25-01-2023 | 10:59:00 | By: Pie Kamau
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
Published: 24-01-2023 | 12:23:00 | By: Pie Kamau
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.


Maven Mentorship programme to equip teenagers with skills for the future
Published: 12-01-2023 | 11:00:00 | By: Bob Koigi
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
Published: 09-01-2023 | 09:53:00 | By: Pie Kamau
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.


[Startup Interview] James Adebisi, Founder, Oruis Medical, Nigeria
Published: 23-12-2022 | 12:23:21 | By: Bob Koigi
Orius Medical is a Nigerian health startup that provides mental care and support through psychotherapy and mental health education.


Dutch startup Aiosyn raises €2m to develop AI-powered algorithms to support pathologists with clinical diagnostics
Published: 22-12-2022 | 11:50:00 | By: Pie Kamau
 Aiosyn, a diagnostics platform that uses artificial intelligence to support pathologists with more accurate and efficient clinical diagnostics, raised an investment round of €2 million.


Ran Ziv joins Israeli proptech startup BeamUP as CTO
Published: 22-12-2022 | 11:18:00 | By: Pie Kamau
BeamUP, the pioneer in enterprise data management for building system design and operations, announced it has hired Ran Ziv as CTO.


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.


Digital asset investment management platform ML Tech raises $1.9m strategic round
Published: 22-12-2022 | 10:37:00 | By: Pie Kamau
ML Tech, a non-custodial digital asset investment management platform providing institutional investors access to automated crypto trading strategies, raised over $1.9 million in a strategic round that included well-known investors.


Fintech enabler Ukheshe secures Series A funding to accelerate international expansion
Published: 22-12-2022 | 10:10:00 | By: Pie Kamau
Ukheshe International, the UK-headquartered division of digital-first, Banking as a Service (BaaS) enabler Ukheshe, announced the conclusion of an investment agreement that will help accelerate its international expansion.


Finnish asset management firm eQ raises more than €500m for private equity and venture capital funds
Published: 21-12-2022 | 09:08:00 | By: Pie Kamau
eQ PE XIV North focusing on Northern Europe held its final close on €288 million, a more than 40 % increase compared to its predecessor.


Paris-based startup QuantCube raises Series B funding to support growth in economic nowcasting, harnessing AI and big data analytics
Published: 21-12-2022 | 08:49:00 | By: Pie Kamau
Real-time economic intelligence provider QuantCube Technology, announced it has secured funding led by Strategic Development Fund (SDF), the investment arm of UAE’s Tawazun Council.


South Korean startup Xinapse scales AI solutions in the global market
Published: 21-12-2022 | 08:35:00 | By: Pie Kamau
Xinapse, a member of the Born2Global Centre, a Korean generative AI startup that is planning to enter the U.S. publishing market and will participate in the upcoming CES exhibition in Las Vegas in 2023, is scaling AI solutions in the global market.


proteanTecs named #1 most promising startup in Israel
Published: 21-12-2022 | 08:14:00 | By: Pie Kamau
proteanTecs, a global pioneer of deep data analytics for advanced electronics, has been named the Most Promising Israeli Startup 2022 by Globes, an Israeli business publication.


Hologram startup Proto secures investment from Christie’s Ventures to accelerate growth
Published: 21-12-2022 | 07:57:00 | By: Pie Kamau
Proto, the original hologram device and platform, announced that Christie's Ventures has invested in the company, solidifying the bonds of their successful collaborations.


Web3 startup Tonsnipe raises $100K to build a token and NFT aggregator on Ton blockchain
Published: 21-12-2022 | 07:44:00 | By: Pie Kamau
Tonsnipe, a web3 startup building on The Open Network has closed a $100K private funding round to develop a Ton blockchain-based native token and NFT aggregator.


Dutch scale ups face €500b financing gap, report
Published: 20-12-2022 | 12:18:00 | By: Pie Kamau
Venture Capital firm Lakestar released The €500 Billion Dutch Financing Gap report, which delves into the Netherland’s strong heritage in scaling growth companies and how it can create the next wave of companies for the future.


Impact Venture Capital invests $8m seed round for Web3 startup Virtualness
Published: 20-12-2022 | 11:52:00 | By: Pie Kamau
Impact Venture Capital announced its investment in Virtualness' oversubscribed $8 million seed round. Virtualness is a mobile-first platform designed to help creators and brands navigate the complex world of Web3.


Mad Capital closes $4m seed round to finance the regenerative agriculture revolution
Published: 20-12-2022 | 11:29:00 | By: Pie Kamau
Mad Capital, an impact-focused lender that offers equitable, flexible funding for organic and transitioning farmers, announced it has raised a $4 million Seed round, led by Trailhead Capital.


Traveltech startup Evaneos raises €20m to accelerate growth in Europe
Published: 20-12-2022 | 11:16:00 | By: Pie Kamau
Evaneos, the online platform dedicated to making travel a source of positive impact, announced a €20 million equity financing round to accelerate growth in Europe.


Healthtech startup PaxeraHealth closes series A funding round to accelerate its enterprise medical imaging and AI authoring platforms
Published: 20-12-2022 | 10:31:00 | By: Pie Kamau
PaxeraHealth, the medical imaging and AI developer, announced the close of its series A financing round led by Sopris Capital, a venture capital firm focused on technology-enabled healthcare solutions.


AI-driven SaaS startup Kuona raises $6m round to solve brand pricing and promotion challenges
Published: 20-12-2022 | 10:07:00 | By: Pie Kamau
Kuona, the intelligent SaaS platform that uses machine learning to automatically optimize product prices, promotions, and inventories for consumer packaged goods (CPGs) and retailers, announced it has raised a $6 million seed round.


Casted launches new program to democratize access to podcasting
Published: 19-12-2022 | 09:14:00 | By: Pie Kamau
Casted, the first and only podcast and video marketing platform made for B2B marketers, has launched Casted for Startups.


EG Capital announces anchor closing of its maiden fund to invest in startups across East Africa and Zambia
Published: 19-12-2022 | 09:04:00 | By: Pie Kamau
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.


Infinity AI startup raises $5m to build automated synthetic training data
Published: 19-12-2022 | 08:58:00 | By: Pie Kamau
Infinity AI, a startup that generates automated synthetic training data, announced a $5 million seed round led by Matrix with participation from founders and operators from companies like Snorkel AI, Tesla, and Google.


Indian AI-based asset and plant performance startup UptimeAI raises $3.5m funding to expand in the U.S.
Published: 19-12-2022 | 08:44:00 | By: Pie Kamau
UptimeAI, an AI-based digital transformation solution provider for the energy, chemicals, and heavy industries, has raised a total of $3.5 million funding led by Emergent Ventures.


Appier launches AIRIS, next-gen AI-powered CDP leveraging first-party data to activate MarTech applications
Published: 19-12-2022 | 08:17:00 | By: Pie Kamau
Shortening the time spent from data to insight and insight to action, and visualizing results from marketing campaigns remain as critical issues for most enterprises considering Customer Data Platforms (CDP).


Comedian, Actor and Host Howie Mandel Steps into the Metaverse powered by DeepBrain AI
Published: 16-12-2022 | 13:40:00 | By: Pie Kamau
DeepBrain AI, a member of the Born2Global Centre, and Howie Mandel have put their brains together to create AI Howie, a fully interactive virtual human AI replica of the famous comedian, actor, host, and technology enthusiast.


Italian biodiversity startup 3Bee raises €5m to scale the protection of pollinators in Europe
Published: 16-12-2022 | 13:29:00 | By: Pie Kamau
Italian-based scale-up 3Bee (a world with bees), which operates both in the B2C and B2B protection of ecosystems and pollinators area has raised €5 million series A funding round.


Nigerian online furniture store Taeillo raises $2.5m for expansion
Published: 16-12-2022 | 13:17:00 | By: Pie Kamau
Nigerian online store Taeillo, announced a $2.5 million funding round from Aruwa Capital, a growth equity and early-stage investor.


Visa announces grant to help African women fund managers grow their businesses
Published: 16-12-2022 | 13:00:00 | By: Pie Kamau
Visa has announced a grant towards the African Women Impact Fund (AWIF), a collaboration between Standard Bank and the United Nations Economic Commission for Africa (UNECA).


Senegalese startup Kwely launches made in Africa online store
Published: 16-12-2022 | 12:38:00 | By: Pie Kamau
Kwely, a Senegalese-based startup has launched a B2B e-marketplace to provide African producers and manufacturers with a global window to sell their products at scale.


VC fund Ventures Platform closes its pan-African and early-stage fund at $46m
Published: 16-12-2022 | 12:30:00 | By: Pie Kamau
Ventures Platform, a pan-African early-stage Venture Capital firm, announced the final close of its intercontinental fund, at $46 million. 


European fintech Novicap raises €200m for its Credit platform as it hits €1b transaction volume milestone
Published: 14-12-2022 | 09:40:00 | By: Pie Kamau
Novicap, the European fintech providing end-to-end working capital solutions, announced it has raised a €200 million debt facility from London-based asset manager, Fasanara Capital. 


[Column] Thabiso Foto: Can Africa's startup sector keep up its record funding run amidst global turmoil?
Published: 14-12-2022 | 09:07:00 | By: Pie Kamau
Startups have become vital engines of change that can have an outsized impact on an economy. They are crucial in fueling innovation and enhancing economic and digital competitiveness.


Season Group acquires IoT tech startup Pycom to give all connected ideas an opportunity to succeed
Published: 14-12-2022 | 08:59:00 | By: Pie Kamau
Season Group, an international electronics design and manufacturing services provider headquartered in Hong Kong, announced its acquisition of all assets of Pycom, a full stack Internet of Things (IoT) company.


African tech startup SeamlessHR picks Nairobi as its East African Hub
Published: 14-12-2022 | 08:46:00 | By: Pie Kamau
Nigeria’s tech startup SeamlessHR has launched its offices in the Kenyan market, choosing Nairobi as its East African Hub.


Shield AI boosts Series E to $225m to accelerate building world's best AI pilot
Published: 14-12-2022 | 08:37:00 | By: Pie Kamau
Shield AI, a fast-growing defense technology company building AI pilots for aircraft, announced it has raised additional equity capital from the U.S. Innovative Technology Fund (USIT).


Canadian healthtech startup KeyOps raises $4m seed round to fuel expansion in the U.S.
Published: 14-12-2022 | 08:27:00 | By: Pie Kamau
KeyOps, a Toronto-based Insights-as-a-Service (IaaS) startup, announced it has raised $4 million (CAD) in seed funding.


South African early-stage VC firm 4Di Capital announces close of $25m seed fund
Published: 09-12-2022 | 13:22:00 | By: Pie Kamau
South African early-stage technology venture capital fund manager 4Di Capital has announced the close of $25 million seed fund.


First investment of Mastercard Foundation Africa Growth Fund goes to Aruwa Capital Management
Published: 09-12-2022 | 13:05:00 | By: Pie Kamau
The first investment of the Mastercard Foundation Africa Growth Fund has gone to Aruwa Capital Management, a gender-lens $20 million fund dedicated to Nigeria's SMEs, managed by a first-time woman-led fund manager.


Identity verification startup Verified.Africa launches in Kenya
Published: 09-12-2022 | 12:59:00 | By: Pie Kamau
Verified.Africa, the pioneer of ID verification, document verification and digital KYC compliance solutions, announced it has launched in Kenya.


Japanese home health lab startup Bisu collaborates with Polaris Dawn to develop new ways to monitor astronaut health
Published: 05-12-2022 | 11:36:00 | By: Pie Kamau
Traveling in space leads to bone loss, muscle loss, and an increased risk of kidney stone formation, often starting within the first 24 hours of spaceflight as calcium levels in bone and tissue decrease.


Patria Investments announces expansion into venture capital
Published: 05-12-2022 | 11:18:00 | By: Pie Kamau
Patria Investments (Patria), a global alternative asset manager in Latin America, announced the launch of a new Venture Capital strategy, anchored by the acquisition of Igah Ventures, one of the pioneers of the sector in Latin America.


VENCO secures $670K pre-seed funding to deliver digital solutions for residential and commercial properties in Africa
Published: 05-12-2022 | 10:55:00 | By: Pie Kamau
VENCO, a technology company that provides solutions to enhance living experiences in residential and commercial communities in Africa, has secured $670K pre-seed funding round.


Plug and Play Japan selects 74 startups for its Winter/Spring 2023 Batch accelerator program
Published: 05-12-2022 | 10:36:00 | By: Pie Kamau
Global innovation platform, Plug and Play Japan has selected 74 startups from Japan and overseas for the Winter/Spring 2023 Batch accelerator program which will be carried out from December 2022 to March 2023.


HashKey and SEBA Bank partner to accelerate institutional adoption of digital assets in Hong Kong and Switzerland
Published: 05-12-2022 | 10:18:00 | By: Pie Kamau
HashKey and SEBA Bank announced a partnership to leverage their digital asset service offerings as well as custody and asset management products to accelerate institutional adoption of digital assets.


Israeli blockchain security startup CyVers raises $8m to bring proactive security to Web3 economy
Published: 05-12-2022 | 09:56:00 | By: Pie Kamau
CyVers, the provider of state-of-the-art proactive Web3 Security for the centralized, decentralized finance and smart contract applications via detection and interception of crypto attacks across blockchains, announced a $8 million in funding.


645 Ventures closes $347m fourth fund and first opportunity fund to invest in technology startups
Published: 02-12-2022 | 12:17:00 | By: Pie Kamau
645 Ventures, an early-stage venture capital firm that partners with exceptional founders building iconic technology companies, announced its oversubscribed fourth fund, Fund IV, alongside the launch of the firm's first opportunity fund, Select I.


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


[Nebulab Case] How this e-Commerce tech studio went global to fight talent shortage and improve diversity
Published: 02-12-2022 | 11:42:00 | By: Pie Kamau
Hiring talent has become one of the top challenges for technology companies. The global talent shortage and emerging trends have made finding and retaining skilled professionals more difficult.


Identity hygiene startup SPHERE raises $31m Series B funding to accelerate growth, expand its SaaS platform
Published: 02-12-2022 | 11:21:00 | By: Pie Kamau
SPHERE Technology Solutions (SPHERE), a pioneer in identity hygiene, announced a $31 million Series B investment led by Edison Partners, a Princeton-based growth equity firm.


Yida Gao and Shima Capital invest in Web3 gaming startup Midnight
Published: 02-12-2022 | 10:52:00 | By: Pie Kamau
Shima Capital, led by founder and Managing General Partner Yida Gao, announced their investment in Web3 gaming startup Midnight.


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


Netail closes $5m seed funding to advance retail-focused AI development
Published: 01-12-2022 | 10:54:00 | By: Pie Kamau
Netail, a technology that enables retailers to auto-identify competitors across the internet and track their assortments, availability and optimize prices in real time, announced the closing of $5 million in seed funding.


Travel startup Wander raises $100m credit facility from Credit Suisse to scale smart vacation homes across the U.S.
Published: 01-12-2022 | 10:36:00 | By: Pie Kamau
Wander, a travel startup with a network of smart vacation homes, announced it has closed a $100 million credit facility with Zürich-based Credit Suisse, a global investment bank and financial services firm.


StartupOS launches platform for early-stage startups
Published: 01-12-2022 | 10:08:00 | By: Pie Kamau
StartupOS announced it has launched a platform for early-stage startups that provides free access to the business tools, guidance, mentors, and investors that founders need to accelerate the growth of their company and raise capital.


Nigerian foodtech Orda raises $3.4m seed round to digitize African restaurants
Published: 01-12-2022 | 09:48:00 | By: Pie Kamau
Nigerian foodtech platform Orda announced has raised a $3.4 million seed round to further digitize food businesses across the continent.


[Column] Natalia Ahmadian: Four ways to accelerate tech transfer in Europe
Published: 23-11-2022 | 10:27:41 | By: Pie Kamau
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


AI startup Prof Jim auto-converts textbooks into cinematic lessons
Published: 16-11-2022 | 10:29:00 | By: Pie Kamau
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.


Finnish edtech startup Kide Science raises €1m bridge round to accelerate growth
Published: 08-08-2022 | 11:09:00 | By: Pie Kamau
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.


Michigan-based edtech startup Alchemie earns $1m grant for accessible learning for STEM
Published: 15-07-2022 | 12:15:00 | By: Pie Kamau
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.


Live-streaming platform Elevate K-12 raises $40m Series C to address the growing national teacher shortage
Published: 20-06-2022 | 11:57:00 | By: Pie Kamau
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.


Tunisian edtech startup GOMYCODE raises $8m Series A funding to expand across Africa
Published: 14-06-2022 | 13:01:00 | By: Pie Kamau
Tunisian edtech startup GOMYCODE, raised $8.85 million in series A funding, one of the highest African funding this quarter to expand across Africa.


Nigerian edtech startup Afrilearn attracts UNICEF Innovation Fund
Published: 06-06-2022 | 12:58:00 | By: Pie Kamau
Nigerian edtech startup Afrilearn has emerged as the only Nigerian startup to join the latest cohort of the UNICEF Venture Fund.


Birmingham-based startup Astound raises $1m seed round to improve university access to corporate-sponsored research funding
Published: 01-06-2022 | 09:56:00 | By: Pie Kamau
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
Published: 31-05-2022 | 11:46:00 | By: Pie Kamau
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.


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.


Edtech startup Tutored by Teachers raises over $10m to bolster America's K-12 schools, close the opportunity gap for high-need students
Published: 25-02-2022 | 12:41:00 | By: Pie Kamau
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.


Dutch edtech startup Winc Academy raises $3m to train 20,000 IT professionals in Europe
Published: 17-01-2022 | 15:00:00 | By: Pie Kamau
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.


The University of Nairobi and Elgon Kenya to develop agriculture technology and innovation centre
Published: 17-12-2021 | 17:40:11 | By: Bob Koigi
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
Published: 16-12-2021 | 11:43:00 | By: Pie Kamau
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.


South Korea-based Edtech startup Mathpresso secures strategic investment from Google
Published: 10-11-2021 | 14:39:55 | By: Bob Koigi
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
Published: 10-11-2021 | 14:29:16 | By: Bob Koigi
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
Published: 26-10-2021 | 07:48:00 | By: Pie Kamau
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.


Indian edtech startup ConveGenius raises $5m pre Series A funding to accelerate growth
Published: 19-10-2021 | 09:04:00 | By: Pie Kamau
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.


Social learning startup Fiveable closes $10m Series A funding to fuel student-led online spaces
Published: 29-09-2021 | 13:42:00 | By: Pie Kamau
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.


FedTech leverages Converge, a startup studio event to expand access to deep tech
Published: 25-08-2021 | 13:11:17 | By: Bob Koigi
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
Published: 18-08-2021 | 13:32:00 | By: Bob Koigi
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.


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


Seoul-based edtech startup Mathpresso secures $50 million in Series C funding
Published: 02-07-2021 | 13:51:00 | By: Pie Kamau
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.


GG4L acquires edtech startup Stackup
Published: 24-06-2021 | 13:31:00 | By: Pie Kamau
Global Grid for Learning (GG4L), announced the acquisition of Stackup, an edtech startup with a focus on learning outcomes in K-12 education.


Fintech startup The Beans announces $2m in funding to simplify the path to financial success
Published: 04-06-2021 | 10:01:00 | By: Pie Kamau
The Beans, a financial technology startup built for America's Caring Class, announced $2 million in funding, led by Precursor Ventures.


Base10 Partners raises advancement initiative to grow HBCU endowments and catalyze wealth creation
Published: 28-05-2021 | 14:15:00 | By: Pie Kamau
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.


South Korean AI startup Riiid raises $175m from SoftBank Vision Fund 2 to accelerate growth
Published: 25-05-2021 | 14:10:00 | By: Pie Kamau
Riiid Inc (Riiid), an AI education company and a member of Born2Global Centre, has raised $175 million investment from SoftBank Vision Fund 2.


UC Berkeley SkyDeck selects 17 companies for Batch 12 startup cohort
Published: 19-05-2021 | 10:57:35 | By: Bob Koigi
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%.


DBSA launches second edition of the Youth Challenge in South Africa
Published: 05-05-2021 | 16:02:56 | By: Pie Kamau
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
Published: 30-04-2021 | 13:04:00 | By: Bob Koigi
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
Published: 20-04-2021 | 10:47:30 | By: Bob Koigi
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.
Published: 14-04-2021 | 10:52:00 | By: Pie Kamau
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
Published: 13-04-2021 | 15:25:00 | By: Pie Kamau
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.


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


African Edtech startup Kabakoo receives funding from Zoom, launches first no-code training in Africa
Published: 17-03-2021 | 14:17:00 | By: Pie Kamau
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.


Edtech startup Quizizz raises $12.5m in Series A to empower teachers around the world
Published: 09-03-2021 | 13:51:00 | By: Pie Kamau
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
Published: 04-03-2021 | 12:14:00 | By: Pie Kamau
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
Published: 26-02-2021 | 15:09:00 | By: Pie Kamau
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
Published: 17-02-2021 | 13:55:00 | By: Pie Kamau
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.


Panoramic Ventures launches with $300m fund
Published: 09-02-2021 | 07:08:00 | By: Pie Kamau
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
Published: 05-02-2021 | 11:41:00 | By: Pie Kamau
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 edtech startup Wize raises $3m to enhance online learning experience
Published: 29-01-2021 | 13:54:00 | By: Pie Kamau
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.


University of Chicago’s Polsky Center launches tech accelerator programme for early-stage startups
Published: 20-01-2021 | 12:39:54 | By: Bob Koigi
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.


Edtech startup Sketchy announces Andrew Sugerman as President
Published: 22-12-2020 | 13:44:00 | By: Bob Koigi
Sketchy, an online education company that teaches complex concepts through visual memory techniques has named seasoned media executive, Andrew Sugerman, as President.


[Startup Interview] James Adebisi, Founder, Xpora Academy, Nigeria
Published: 15-12-2020 | 09:41:00 | By: Bob Koigi
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.


Cincinnati-based startup Pay Theory launches new purpose-built payment solution for education
Published: 07-12-2020 | 19:39:00 | By: Pie Kamau
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.


Zimbabwe startup Phenomenon Technologies partners with MEL Science for applied learning solutions in Africa
Published: 26-11-2020 | 13:53:09 | By: Bob Koigi
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
Published: 26-11-2020 | 10:52:00 | By: Pie Kamau
Nestlings, an online portal that guides international students through the process of applying to colleges in the US, Canada, and the UK, has raised $1.5 million in a Seed Round of funding from Candid Ventures.


Dutch non-profit start-up Spacebuzz awarded  four international Lovie Awards
Published: 19-11-2020 | 12:25:00 | By: Bob Koigi
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
Published: 10-11-2020 | 11:57:00 | By: Bob Koigi
Almasi Ndangili is the founder of Imarisha East Africa Productions Ltd, a Kenya-based talent academy promoting education through edutainment. The startup has invested in TV Shows, event organization, book launches, talent development, TV Script writing, Africanized animations, digital publishing and branding.


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


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


[Algeria] Sonatrach invests in university incubator for startups
Published: 22-10-2020 | 08:17:00 | By: Bob Koigi
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.


Unacademy acquires exam prep startup Coursavy
Published: 25-09-2020 | 12:23:17 | By: Bob Koigi
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
Published: 21-09-2020 | 14:26:00 | By: Pie Kamau
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.


Sanbox acquires UK education startup Teachit
Published: 09-09-2020 | 17:21:00 | By: Bob Koigi
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.


Paris-based startup Klassroom raises $3m to expand from France to other countries including the U.S.
Published: 01-09-2020 | 17:00:00 | By: Pie Kamau
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.


San Francisco edtech startup Springboard raises $31 million Series B funding
Published: 05-08-2020 | 15:42:00 | By: Pie Kamau
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
Published: 22-07-2020 | 13:59:00 | By: Pie Kamau
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
Published: 01-06-2020 | 17:36:00 | By: Pie Kamau
CirrusHQ, a leading Amazon Web Services (AWS) Advanced Consulting and Solution Provider partner, announced it has secured a £400,000 growth capital investment plus the appointment of Alastair Mills as the company’s new Chairman.


Finnish startup Kide Science raises €1.5m in seed round to accelerate international growth
Published: 28-05-2020 | 16:14:00 | By: Pie Kamau
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
Published: 25-05-2020 | 10:19:00 | By: Pie Kamau
Flat6Labs Tunis celebrated it’s fifth Demo Day online, with 8 innovative startups presenting their businesses to hundreds of registered attendees.


[Startup Interview] Julius Masaba, Co-Founder, Ablestate, Uganda
Published: 18-05-2020 | 13:03:09 | By: Bob Koigi
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.