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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.
CENTA platform crosses 1m, becomes world's largest community of teachers
Centre for Teacher Accreditation recently launched its enhanced native app, CENTA.
South Korean edtech startup Mathpresso secures $8m to accelerate growth
Mathpresso has raised $8m from Korea's telecom giant, KT.
Upskilling startup AlmaBetter partners with Woolf to deliver accredited degrees to online learners
AlmaBetter has partnered with Woolf.
[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.
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.
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.
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.
[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
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.
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.
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.
London-based healthtech startup Wondr Medical raises £12m seed round to accelerate global collaboration across the medical community
Digital health startup Wondr Medical, announced it has raised £12 million seed round to accelerate global collaboration across the medical community.
Swiss startup Numarics secures leading position in European fintech with $2.2m funding
Swiss fintech startup Numarics is on its way to becoming the standard for state-of-the-art financial management and accounting for creators and small and medium-sized enterprises in Europe.
The Main Stage partners with RedCrow to build white label fundraising platform
The Main Stage, a software technology company that enables startup founders and entrepreneurs to engage with prospects and investors in an efficient and engaging experience, announced a licensing agreement with RedCrow.
Insurtech startup Spot raises $33m funding to ramp up partnerships, offer affordable coverage for customers
Spot, the tech startup offering on-demand injury insurance, announced it has raised $33 million in funding, including $25 million in equity and $8 million in debt.
Dutch-based LUMO Labs invests in edtech startup Metacampus to empower digital professionals
LUMO Fund II Coöperatieve U.A. and a group of international angel investors are investing €1.5 million in Metacampus, a Barcelona-based training platform built for the virtual economy, to empower digital professionals.
Sustainability data and tech startup ESG Book closes $35m Series B to advance its next-gen technology capabilities
ESG Book, a global player in sustainability data and technology, announced it has closed $35 million in Series B funding to advance its next-generation technology capabilities.
Amsterdam-based employment startup TestGorilla secures $70m Series A to help companies eliminate hiring bias
Amsterdam-based employment startup TestGorilla announced it has secured $70 million Series A to help companies eliminate hiring bias. The round was co-led by Balderton and Atomico.
Medical speech processing startup Cordio Medical raises $18m to accelerate growth
Cordio Medical, a medical speech processing platform, announced its latest successful strategic investment round of $18 million from Ceros Financial Services and Peregrine Ventures.
Real-time compensation platform Pave raises $100m Series C funding, acquires Option Impact
Pave, the real time compensation platform that helps companies plan, communicate and benchmark against the market, announced it has raised $100 million in Series C funding and acquired Advanced-HR from Morgan Stanley.
Indonesian startup Mapan secures $15m Series A funding to enhance financial access and inclusion
Mapan, an Indonesia-based leading startup focused on eliminating barriers to financial access for the masses in the country, announced it has closed a successful Series A round of $15 million.
London-based Screenloop raises $7m for its hiring intelligence platform
Screenloop, the hiring intelligence platform that helps teams hit their recruitment targets faster whilst delivering an enhanced candidate experience, has raised a $7 million seed round.
Rocket VR Health chosen for Newchip's seed-stage global accelerator program
Rocket VR Health was accepted into Newchip's renowned global accelerator program designed to provide all the skills and tools seed-stage founders need to rapidly fund, build and scale their companies.
Breakthrough AI integration platform AI Squared raises $6m seed financing to accelerate growth
AI Squared, the low-code AI integration platform, announced it has raised $6 million Seed financing by global venture capital firm NEA with participation from Ridgeline Partners.
Illumina invests in £30m venture fund to advance breakthroughs in human health
Illumina, a global leader in DNA sequencing and array-based technologies, announced its participation in Time Boost Capital I LP, a £30 million genomics venture fund dedicated to providing match funding to startups graduating from Illumina Accelerator Cambridge.
Givebutter announces $7m seed funding to empower the changemaker generation
Givebutter, a product-led company that developed the first free operating system for nonprofit fundraising, announced it has completed a seed funding round totaling $7 million.
UK-based BotsAndUs secures $13m seed financing for its warehouse data intelligence platform with autonomous robots
BotsAndUs, a cutting-edge intelligence and robotics company has secured $13 million in seed funding to expand its logistics-disrupting solution globally.
Constructiontech startup ProPlanner raises $2.7m to transform construction scheduling
ProPlanner (formerly Ipsum), a web-based and collaborative construction technology platform, announced it has raised $2.7 million in funding led by global software investor Insight Partners.
Africa-focused VC firm TLcom Capital appoints Eloho Omame as Partner
TLcom, the Africa-focused venture capital firm, has appointed Eloho Omame as a Partner, bolstering its capabilities as it ramps up deployment of TIDE Africa Fund II, its new $150 million pan-African tech fund.
Deeptech startup NEU Battery Materials raises S$800,000 seed funding to produce clean and sustainable lithium batteries
Deeptech startup, NEU Battery Materials has raised a total of S$800,000 in seed funding from Momentum Venture Capital and Se-cure Waste Management.
British Virgin Islands-based SithSwap raises $2.65m to build next-gen AMM on StarkNet
SithSwap, the next-generation automated market maker (AMM) on StarkNet, has successfully raised $2.65 million at a $25 million valuation in a seed funding round led by Lemniscap.
Nigerian Lab testing startup HealthTracka raises $1.5m funding for expansion to Kenya and Ghana
Nigerian at-home lab testing startup HealthTracka has raised $1.5 million in funding to expand its operations into Kenya and Ghana. The pre-seed funding which was led by Ingressive Capital.
Proparco completes pre-series-A investment in Moringa to fuel its expansion across Africa
Proparco announced the completion of a pre-series-A investment in Moringa to its expansion across Africa. The funding from Proparco will also facilitate the broadening of the range of courses offered by Moringa.
EuraTechnologies raises €24m to back deep tech startups, open 10 incubators in Eastern Europe
EuraTechnologies announced the raising of €24 million to back deep tech startups and open 10 incubators in Eastern Europe.
Renewable energy startup Posh raises $3.8m seed round to automate EV battery recycling
Y Combinator alum, Posh, announced it has raised $3.8 million in seed funding. The Bay Area startup automates electric vehicle (EV) battery recycling to build sustainable energy storage solutions.
Cleveland-based tech startup Unify Jobs raises $4.5m to enable diversity, equity and inclusion in hiring
Unify Jobs, an equitable hiring technology company, has raised a $4.5 million seed round led by North Coast Ventures with participation from Jumpstart and several other well-established investors.
Gratuity management startup Kickfin closes $6m Series A to fuel growth across the hospitality industry
Kickfin, the gratuity management software for hospitality, announced it has secured its Series A funding to further accelerate the company's rapid growth.
London, Malta-based fintech CityFALCON raises $2m funding to scale growth
London and Malta based fintech CityFALCON closed an equity fundraising campaign on Seedrs of $2 million to scale up the business and bring even more insightful products to market faster.
Nibble Health startup raises $8.5m to humanize healthcare payments
Nibble Health, a B2B healthcare payments company, announced a $8.5 million seed round co-led by Wing Venture Capital and Tiger Global Management, with participation from A* Capital and Expa.
Healthtech startup Spry secures new investment to strengthen its patient management platform
Spry, an end-to-end patient and practice management SaaS platform for physical therapists, announced it has successfully completed a new round of funding to accelerate its mission to build the future of practice management for physical rehabilitation.
Bardeen.ai startup raises $15.3m Series A to bring workflow automation to the masses
Bardeen.ai, the provider of "automation for all" tools, announced an oversubscribed $15.3 million Series A funding round led by global software investor Insight Partners, with participation from existing investors.
Healthtech startup Idoven raises $19.8m funding to redefine detection and precision medicine of cardiovascular diseases
Idoven, a pioneering health tech company advancing early detection and precision medicine of cardiovascular disease, announced it has raised $19.8 million in funding.
Foodtech venture firm Supply Change closes equity investment from Bank of America
Supply Change Capital, a women and Latina powered venture firm investing in early-stage food technology businesses, announced an equity investment from Bank of America.
Nigerian fintech firm VeendHQ secures $330k pre-seed investment to expand operations, scale growth
Nigerian fintech firm VeendHQ announced it has secured $330k pre-seed fund, backed by Magic Fund, The Oak Capital, Future Africa, Berrywood Capital and other angel investors, to expand its operations and scale growth.
Proparco joins forces with Digital Africa to provide financing solutions for African tech startups
As part of its 2022-2025 roadmap, Digital Africa, in partnership with Proparco, will support 200 African startups at different stages of their growth with a wide range of offers at their disposal.
Ugandan fintech platform Tugende closes pre-Series B investment round to accelerate growth
Tugende, the East African fintech platform providing asset financing and digital services to small businesses, announced it has raised a pre-Series B investment round led by current shareholder Partech Africa.
Kenyan insurtech startup mTek secures $3m funding for expansion across the country
On the heels of a recent $1.50 million (KSh 170 million) investment, Kenyan insurtech startup mTek has secured an additional $3 million (KSh 340 million) investment, through both debt and equity from African-focused fintech platform, Finclusion Group.
Insurtech startup INSTANDA raises $45m to fund its next phase of growth
INSTANDA, the no-code core insurance platform provider has announced the closing of its $45 million fundraising led by Toscafund, one of Europe’s leading Growth Equity investment firms for financial services companies.
London-based AI startup Peptone closes $40m Series A funding to build a state-of-the-art research facility in Bellinzona
Peptone, the molecular computational physics company focused on protein drug discovery, announced the successful completion of a $40 million Series A financing round.
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.
Israeli AI-powered sales solution Amy raises $6m seed round to boost business professionals' selling power
Amy, the pioneering AI-driven sales intelligence solution that automates pre-meeting prospect research and enables meaningful business connections, announced it has raised a $6m seed round.
Indian no-code mobile startup Plobal raises $8.5m to expand presence in North America
Plobal Apps, a no-code mobile app platform for e-commerce stores, raised $8.5 million, led by Elevation Capital and Bessemer Venture Partners.
Amsterdam-based biotech startup CimCure raises € 5m seed round to advance its cancer vaccine
CimCure, a biotech spin-off of Amsterdam UMC, focusing on the development of a novel vaccine-based cancer immunotherapy through its Immune-Boost (iBoost) technology, announced it has raised little over € 5 million in a financing Seed Round.
MFS Africa raises $100m funding to accelerate its expansion plans across Africa and Asia
MFS Africa, Africa’s digital payments network, announced it has secured an additional $100 million in equity and debt funding led by Admaius Capital Partners, taking the total amount raised in the series to $200 million.
Greentech startup Green Badger receives $1.125m seed funding to manage sustainable construction
Green Badger, the SaaS developer for managing sustainable construction, announced it has received seed funding of $1.125 million in a financing round led by venture capital firm Shadow Ventures.
Community-centered lifestyle startup Saysh closes $8m Series A round to scale growth
Saysh, the community-centered lifestyle brand co-founded by Olympian Allyson Felix and her brother and business partner Wes Felix, announced a Series A round closed at $8 million.
Y Combinator-backed Proper Finance raises $4.3m to create an integrated reconciliation software for fintechs
Proper Finance, the integrated reconciliation and ledger data platform that enables financial technology companies to maintain complete financial accuracy, closed a $4.3 million seed round
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.
Financial wellness startup Benny closes $1m pre-seed round to help employees build wealth with their benefits
Benny, the platform helping consumers build wealth with their benefits, announced its graduation from Techstars Boulder and the closing of a $1 million pre-seed funding round, led by Matchstick Ventures.
DeFi for construction finance startup Rigor raises $3.5m to end housing's affordability crisis
Rigor, an innovative decentralized finance (DeFi) protocol for construction lending and payments, has secured $3.5m in institutional seed financing from an honor roll of venture funders.
Tallinn-based NFTPort raises $26m Series A round to become the leading NFT infrastructure
Estonia's NFTPort announced the closing of a $26 million Series A funding round co-led by Taavet+Sten, the investment vehicle of Taavet Hinrikus and Sten Tamkivi, and Atomico.
Chinese biotech startup Meta Pharmaceuticals raises $15m to accelerate its pipeline development
META Pharmaceuticals, China's first immunometabolism-based small-molecule drug discovery company, announced two consecutive Seed and Pre-A funding rounds totaling $15 million.
Digital wedding planning startup Fêtefully raises $1.3m funding to scale growth
Fêtefully, the revolutionary digital wedding planning platform, closed a seed round of funding worth $1.3 million to allow the company to continue business growth and scale in the marketplace.
Chinese ARHUD solution provider Raythink completes Series A+ financing to accelerate mass production of in-vehicle AR displays
Raythink, the ARHUD solution provider for the automotive and transportation industry, announced it has raised around $15 million in a Series A+ funding round led by Chengwei Capital.
Berlin Business Office launches Skytrain to support U.S. LPs investing into venture capital funds in Berlin
Berlin Business Office announced the launch of Skytrain, a network to support U.S. LPs (Limited Partners) investing into venture capital funds in Berlin.
AfricArena partners with FMO to accelerate tech startups in Ghana, Morocco and Tanzania
AfricArena, the African series of tech events, announced a partnership with FMO Ventures Program, the Rise Open Innovation Challenge, which focuses on accelerating the growth of startups looking to improve the state of Africa.
Early stage VC firm Kairos Ventures closes third fund at $58m
Kairos Ventures, an early stage venture capital firm investing in physical and life sciences, announced the close of its third fund (Fund III), with capital commitments of $58 million.
CoachHub startup raises $200m Series C funding to democratize coaching worldwide
CoachHub, the global digital coaching platform, closed a $200 million Series C funding round, led by Sofina and SoftBank Vision Fund 2. The round will be used to further scale CoachHub's product innovation and operations.
ScienceMagic.Studios raises $10m pre-seed to demystify Web3 for brands and talent
ScienceMagic.Studios announced it has secured $10.3 million in pre-seed investment from investors including Liberty City Ventures, Digital Currency Group, Coinbase Ventures, Noam Gottesman and Alan Howard.
BCG Digital Ventures launches new innovation centers in India and Morocco
BCG Digital Ventures (BCGDV), the corporate innovation and business-building arm of Boston Consulting Group (BCG), is opening innovation centers in New Delhi, Mumbai and Casablanca, Morocco.
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.
Kenyan fintech startup Power Financial Wellness partners with Penda Health to extend healthcare services to users
Kenyan fintech Power Financial Wellness has signed a partnership agreement with private healthcare solutions provider, Penda Health, to see both companies mutually benefit from their tech services.
Green tech startup Ecolibrium launches in the UK with $5m pre-Series A funding round
Advisory and climate tech-led sustainability solution Ecolibrium, has opened a new London HQ after raising $5m in a pre-Series A funding round, to support growing demand from commercial and industrial UK real estate owners.
German agritech startup CROP.ZONE secures $11m equity funding to expand to new international markets
Aachen-based integrated weed management startup CROP.ZONE announced it has secured $11m equity funding from existing shareholders and new financial investors.
Swedish gaming startup Lurkit raises $2.7m to empower gaming influencer marketing globally
Swedish gaming influencer marketing platform Lurkit has raised $2.7 million in a seed round from industry investors as the company is launching Quests, a new software suite that enables paid sponsorships between live streamers and gaming companies at scale.
CerraCap Ventures invests in soil microbiome focused agritech startup Solena
CerraCap Ventures, a Global Venture Capital fund headquartered in Southern California, announced an investment in Solena AG, a soil microbiome startup helping farmers improve agricultural yields and optimize agrarian input costs.
Decarbon8 investment opportunity open for agritech innovation and decarbonization startups
The Decarbon8 Fund, an impact investment vehicle established by the E8 climate tech investing community and platform, announced a new Request for Proposal (RFP) for companies advancing regenerative agriculture solutions.
B2B e-Commerce and fintech startup Bazaar raises $70m to revamp the retail industry in Pakistan
Bazaar, Pakistan’s B2B e-Commerce and fintech platform has raised $70 million in a Series B financing led by Dragoneer Investment Group and Tiger Global Management.
Utrecht-based same day and next day delivery startup Trunkrs raises €15 million in growth capital
Trunkrs, specialist in same day & next day delivery for the e-Commerce sector, has successfully raised €15 million in a series B investment round. The financing round was led by Korys, the Belgian investment company of the Colruyt family.
[Column] Alexandra Fraser: Angel investors plugging the early-stage funding gap in sub-Saharan Africa
One of the biggest challenges facing entrepreneurial startups in sub-Saharan Africa is funding – particularly early-stage financial support – even though the landscape across the region has evolved over the past few years with more funders and capital deployed in this space.
Business identity startup Middesk raises $57m Series B round to accelerate growth
Middesk, the business identity platform automating business verification and underwriting decisions, announced it has raised $57 million in a Series B round, co-led by New York-based private equity and venture capital firm Insight Partners.
Taiwanese social CRM startup GoSky AI completes undisclosed seed funding round
Taipei-based social CRM startup GoSky AI announced the completion of an undisclosed seed funding round led by 500 Global venture capital firm.
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.
GreenHouse Capital announces 13 African startups selected for the Microsoft scale-up accelerator
GreenHouse Capital has announced the 13 African startups that have been selected for Microsoft scale-up accelerator program. The programme is targeted at startups a the pre-series A stage looking to expand into new markets.
Vietnam's blockchain gaming startup Ancient8 raises $6m to build infrastructure software for GameFi
Ancient8, a GameFi infrastructure developer and Vietnam's largest blockchain gaming guild and community, announced the completion of a $6 million private round of financing led by Makers Fund and C² Ventures.
Dutch fintech Backbase secures €120m funding to accelerate growth
Dutch financial technology company Backbase, the creator of the category-leading Engagement Banking platform, raised €120 million in growth equity funding from Motive Partners.
Amsterdam-based Instant Commerce secures €2m pre-seed funding to boost its headless storefront builder
Amsterdam-based Instant Commerce announced it has secured €2 million pre-seed funding to boost its headless storefront builder.
Tech startup LibLab raises $42m Series A to autogenerate software development kits for API services
LibLab, a developer tools company that offers a SDK-as-a-Service platform for engineering teams, announced it has raised $42 million in Series A funding to enable the expansion of its core software development kit (SDK) code generator services.
Seed-to-Sale software startup Canix raises $10m Series A funding to accelerate growth
Canix, a market-leading cannabis ERP seed-to-sale platform, announced it has raised $10 million in funding from venture capitalists.
Singapore crypto payments startup Request Finance raises $5.5m seed round to accelerate growth
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.
French startup CleverConnect merges with Talentry to lead talent acquisition in Europe
CleverConnect, a cloud-based recruiting solutions company, announced the merger with Talentry, a Munich-based provider of talent relationship management solutions, to counteract the current unprecedented shortage of skilled workers.
Fabric tech startup Nextiles raises $5m oversubscribed seed round to fuel growth in smart athletics
Nextiles, a smart fabric technology for athletes, announced its $5 million seed round led by Drive by DraftKings, with participation from the NBA.
Nigerian fintech startup Indicina raises $3m seed funding to expand into other African markets
Nigerian fintech startup Indicina announced it has raised $3 million in seed funding round to foster its commitment to the credit value chain.
Ethena raises $30m Series B for modern and effective compliance training
Ethena, a modern compliance training platform, announced it raised a $30 million Series B, led by Lachy Groom, with participation from existing investors including Felicis, Neo, Homebrew, and others.
Early stage venture capitalist ROBUST primed to bridge innovation gap across borders
Venture capital firm ROBUST has launched on the global stage, with an immediate focus on driving investment into disruptive and innovative companies with high growth potential.
Seae Ventures launches $107m Fund to invest in solutions addressing equity gaps in healthtech and fintech
Seae Ventures, a Boston-based venture capital firm dedicated to advancing equity by investing in women and Black, Indigenous and People of Color (BIPOC) entrepreneurs, has launched its inaugural fund of $107m.
Oslo-based Findable secures €2m seed round for its first-to-market building documentation automation platform
Findable, the Oslo-based startup that automates building documentation using Artificial Intelligence (AI), raised a €2 million seed round led by KOMPAS, with participation by Construct Venture.
Constant Ventures launches $100m venture capital fund to invest in tech startups across West Africa
Constant Ventures, a part of the Constant Group, is raising a $100 million venture capital fund to invest across a range of technology startups with a focus on financial inclusion, education and healthcare.
Investing platform Pluto raises $4m seed round to make systematic investing accessible
Pluto, a free investing platform that makes it easy for stock market traders to enhance their efforts with systematic investing, has closed a $4 million dollar seed round led by at.inc/ Nadav Eylath.
Stellate raises $30m funding to build the global data graph
Stellate, formerly known as GraphCDN, is bringing its expertise in GraphQL APIs to the masses with the help of a $25 million Series A from Tiger Global and a $5 million seed round led by boldstart ventures.
BRV China-backed eVTOL startup Zerog closes $1.48m seed round to accelerate growth
Zerog, a Chinese electric vertical take-off and landing (eVTOL) aircraft developer, completed a $1.48 million seed round with BlueRun Ventures China (BRV China) as the sole investor.
Kenyan E-health startup Maisha Meds hits 1000 active facilities, expands to Nigeria
Kenyan digital pharmacy network Maisha Meds announced it has reached1,000 active facilities, making it one of the largest digital pharmacy networks in sub-Saharan Africa.
UK-based tech startup Florence raises $35m series B funding to revolutionise social care
Florence, the UK-based tech innovator for social care, announced it has raised $35 million through a Series B funding round. Florence will use the investment for product expansion to support care in the UK.
Oregon-based Dutch Bros raises $2.3m to help end ALS
Dutch Bros, a drive-through coffee chain headquartered in Grants Pass, Oregon, announced that together with its customers, raised a record breaking $2.3 million during its 16th annual Drink One for Dane day.
Temasek launches investment platform GenZero to accelerate decarbonisation globally
Temasek announced the launch of GenZero, a wholly-owned investment platform company dedicated to accelerating decarbonisation globally.
Santa Barbara Venture Partners launches $11m Fund to help companies accelerate customer acquisition
Venture capital firm Santa Barbara Venture Partners (SBVP) announced the final close of its $11 million inaugural Fund I focused primarily on investing in tech and tech-enabled firms.
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.
Ugandan fintech startup Eversend rebrands, announces new features
Eversend, a Ugandan fintech startup providing cross-border money transfers for Africans and Africans in the diaspora has rebranded, to reinforce its commitment to users with an all-inclusive payment platform and a modified look to support this transition.
Constrafor raises $100m+ to increase the construction industry's productivity, dispel cash flow problems
Constrafor, a SaaS construction procurement platform with embedded financing, announced its $100 million+ Seed fundraise in debt and equity to build out new functionality.
RH Capital announces three new investments to improve women's heath
RH Capital, the women's health venture capital fund, announced three new investments to improve health outcomes for women in the US.
Text messaging startup Prokeep raises $9m to modernize distributor communications and commerce
Prokeep, the communications and commerce platform built exclusively for distributors, announced the closing of $9 million seed round.
SaaS recruitment startup HourWork raises additional $2.5m funding to accelerate growth
HourWork, a SaaS recruitment and retention platform for quick-serve restaurant (QSR) franchise owners, announced the closing of $2.5 million in additional Series A funding led by MassMutual's MM Catalyst Fund (MMCF).
Binance Labs closes $500m investment fund to boost blockchain, Web3 and value-building technologies
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.
Indonesian social commerce startup Super completes $70m oversubscribed Series C round
Super, an Indonesian social commerce platform serving tier-2 and tier-3 cities and Indonesian rural areas, announced it completed a $70 million oversubscribed Series C round led by NEA with additional investment from Insignia Ventures Partners.
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.
Swiss Web3 payment startup DePay brings Web3 P2P payment gateway to eligible Shopify merchants
Swiss Web3 payment startup DePay, announced its official integration into omnichannel commerce platform Shopify, allowing for the very first integration of a wallet-to-wallet (P2P) payment solution for eligible Shopify merchants.
Upcycling startup Novoloop extends Series A round to $21m to develop industrial capabilities
Advanced upcycling startup Novoloop nnounced it has expanded its Series A to $21 million through an oversubscribed extension led by Mistletoe Singapore and Hanwha Solutions.
Data analytics startup Gigasheet closes $7m Series A to democratize big data analysis
Gigasheet, a startup that brings data science and big data analytics capabilities to anyone who can use a spreadsheet, announced it has closed $7 million in a Series A funding round.
UAE fintech startup Pemo launches all-in-one spend management platform for MENA SMEs
Pemo, the UAE-based fintech startup empowering businesses across the Middle East, North Africa and Pakistan (MENAP),has announced that it has launched its all-in-one spend management platform.
Indian data insights startup Synaptic raises $20m Series B funding to accelerate growth
Synaptic, an alternative data insights startup, announced the successful closure of $20 million in Series B funding round led by Valor Equity Partne
Nutrition startup Culina Health raises $4.75m funding to democratize access to clinical nutrition
Culina Health, Co-founded by Registered Dietitian Vanessa Rissetto and Steven Kuyan, announced it has secured $4.75 million in seed funding.
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.
Bonfire Ventures raises $230m for two new funds to help B2B software startups beat the odds
Bonfire Ventures, the firm helping seed-stage B2B software companies beat the odds, announced the close of its third core seed fund at $168 million, and its second opportunity fund, at $63 million.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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%.
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.
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.
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.
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.
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 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.
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.
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.
[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.
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.
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.
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.
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.
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.
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