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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3769230 | 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.


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.


[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.


Tech startup SKAEL receives $4.1m seed funding round to fuel next generation hyperautomation technology
Published: 30-10-2020 | 15:32:00 | By: Pie Kamau
SKAEL, San Francisco-based technology company offering automation platform for creating and deploying digital employees, has secured $4.1 million in a seed funding round.


SUMA Wealth launches transformative financial inclusion platform targeting Latino community
Published: 30-10-2020 | 14:16:47 | By: Pie Kamau
SUMA Wealth launched its platform to engage, educate and empower U.S.-born Millennial Latinos, a community vital to the U.S. economy, in their fight for financial inclusion.


Curve Health raises $6m seed round, hires healthcare technology CEO, Rob MacNaughton
Published: 30-10-2020 | 13:35:00 | By: Pie Kamau
Curve Health, a company that delivers connected senior care via a platform that combines telemedicine, smart billing, health information exchange, and predictive analytics, announced a $6 million seed round


Fintech startup PAYMYNT Financial announces patent-pending Universal Payment Rewards System
Published: 30-10-2020 | 12:39:30 | By: Pie Kamau
PAYMYNT Financial, a Greater Boston-based financial technology company, filed a patent application for its novel Universal Rewards System.


Swedfund invests in femtech e-commerce startup Kasha Global to support women’s health in East Africa
Published: 30-10-2020 | 08:28:00 | By: Pie Kamau
Swedfund, the Swedish Development finance institution, announced its investment in Kasha Global, a Femtech e-commerce platform with subsidiaries in Rwanda and Kenya, to support women’s health and self-care.


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


SeaAhead, New England Aquarium announce BlueSwell incubator's first cohort of selected startups
Published: 29-10-2020 | 14:12:00 | By: Pie Kamau
SeaAhead, Inc. and the New England Aquarium have selected the first cohort of six startups for the BlueSwell Incubator Program, New England's first dedicated, early-stage bluetech incubator.


Digital Mortgage startup Tomo raises $40m to streamline home buying
Published: 29-10-2020 | 12:46:00 | By: Pie Kamau
Tomo Networks, a fintech startup that will improve the homebuying experience, initially as a digital mortgage and transaction company, announced it has raised a seed round of $40 million led by Ribbit Capital, NFX and Zigg Capital.


BrokerTech Ventures accelerator opens for 2021 cohort applications
Published: 29-10-2020 | 12:29:55 | By: Pie Kamau
BrokerTech Ventures, first broker-led convening platform and accelerator focused on delivering innovation to the insurance broker industry, has opened the application window for its 2021 BrokerTech Ventures Accelerator program.


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


Fintech startup Lightyear raises $3.7m to simplify how enterprises buy network infrastructure
Published: 28-10-2020 | 13:59:00 | By: Pie Kamau
Financial technology startup Lightyear announced the launch of its software platform for businesses to buy and manage their telecom and IT infrastructure online.


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


Luxury e-commerce startup ShopWorn enters Asia with Hong Kong satellite
Published: 28-10-2020 | 13:23:53 | By: Pie Kamau
ShopWorn, e-commerce destination for well-priced, guaranteed authentic luxury brands opened a Hong Kong satellite location to directly service APAC countries, with an initial focus on the Greater China area.


PVH Corp backed startup HATCH signs HAVAIANAS as first customer to license its Digital Showroom software
Published: 27-10-2020 | 14:52:00 | By: Pie Kamau
Innovative startup HATCH, backed by PVH Corp., owner of a portfolio of iconic brands including TOMMY HILFIGER and Calvin Klein, has signed the globally renowned flip flop brand HAVAIANAS as its first customer to license its Digital Showroom software.


Tel Aviv-based startup Deci raises $9.1m to craft next generation of AI
Published: 27-10-2020 | 14:23:00 | By: Pie Kamau
Deci, deep learning company dedicated to transforming the AI lifecycle has raised $9.1 million in a seed round led by Israel-based VC firm Emerge and global VC fund Square Peg.


AI startup Skan secures $14m to expand AI-driven process discovery for enterprise digital transformation
Published: 27-10-2020 | 13:54:00 | By: Pie Kamau
Skan, AI-enabled process discovery and operational intelligence company, announced the close of a $14 million Series A funding round to strengthen its product platform and scale operations.


Security startup StackHawk raises $10m Series A funding to put application security in the hands of developers
Published: 27-10-2020 | 13:19:00 | By: Pie Kamau
Application security startup StackHawk has raised a $10 million in Series A funding, pre-emptive, oversubscribed round led by Sapphire Ventures.


Influential global Marcomm network to partner with Mediaspace.global
Published: 27-10-2020 | 09:36:00 | By: Pie Kamau
International Advertising Association is partnering up with its youngest member, Mediaspace.global, the brand-new professional social platform for media, marketing, tech, innovation and regulation.


[Startup Interview] Kinga Incze, Founder & CEO, Mediaspace.global, UK
Published: 27-10-2020 | 08:37:00 | By: Pie Kamau
Startup Weekly talks with Kinga Incze, founder of Mediaspace.global, a new, independent social platform for media, marketing, tech, law, innovation and regulation company based in London, UK.


Insurtech startup Next Insurance and Intuit QuickBooks integrate to provide seamless coverage for small businesses
Published: 26-10-2020 | 16:35:00 | By: Pie Kamau
Next Insurance, digital insurtech company transforming small business insurance and Intuit have teamed up to simplify the insurance purchasing process for millions of small businesses.


U.S. startup accelerator FalconX and Perot Jain join forces to foster global innovation and entrepreneurship
Published: 26-10-2020 | 16:12:00 | By: Pie Kamau
FalconX Inc., a Silicon Valley-based B2B startup accelerator, and Perot Jain, L.P., a Dallas-based early stage venture capital firm announced a strategic partnership to foster global innovation and entrepreneurship.


Resurface Labs secures seed financing to fuel the democratization of user-centric API monitoring
Published: 26-10-2020 | 15:24:40 | By: Pie Kamau
Resurface Labs, provider of user-centric API monitoring software to help organizations fix application issues faster, improve customer experience, and drive revenue recovery, closed its $2 million seed round.


Mexican startup Akiba selected one of 50 most inclusive fintech companies worldwide
Published: 26-10-2020 | 15:04:25 | By: Pie Kamau
Mexican fintech startup Akiba was selected as one of the 50 best startups worldwide among 403 Startups from 111 countries, after a competitive selection and verification process by an independent panel of 35 experts.


Dutch tech startup Avy completes successful test flight with first solar fixed-wing drone
Published: 23-10-2020 | 11:46:00 | By: Pie Kamau
Dutch solar drone manufacturer Avy announced a successful test flight of its first solar fixed-wing drone, equipped with custom solar foil developed by Wattlab to reflect and absorb more sunlight.


Dutch fintech startup Silverflow raises €3m to launch its card payments processing technology in 2021
Published: 23-10-2020 | 10:52:00 | By: Pie Kamau
Global payment technology company Silverflow announced a €2.6 million seed funding round, led by UK-based seed-stage investor Crane Venture Partners with participation from INKEF Capital and notable angel investors and industry leaders


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


Plug and Play partners with Evergy to foster new relationships, innovation in Topeka
Published: 23-10-2020 | 10:17:00 | By: Pie Kamau
Global innovation platform Plug and Play announced that Evergy will be a founding partner for its Topeka location, which is centered around animal health and agriculture technology


U.S. tech startup Ware raises $2.5m to advance warehouse innovation, drone technology
Published: 23-10-2020 | 10:03:00 | By: Pie Kamau
Ware, a technology startup deploying autonomous drones for warehouse inventory counting closed $2.5 million in seed-round funding, led by UP Partners.


Nufarm, German agritech startup CROP.ZONE partner for alternative weed control across European markets
Published: 22-10-2020 | 11:42:00 | By: Pie Kamau
Australian crop protection and specialty seed company Nufarm and the German agritech startup CROP.ZONE have partnered to launch Nufarm's and CROP.ZONE's hybrid herbicide solutions across major European markets.


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


Halcyon, AWS launch program to advance early-stage women-founded social enterprise tech startups in Bahrain
Published: 22-10-2020 | 11:02:00 | By: Pie Kamau
Halcyon announced the launch of an intensive incubator program for early-stage women-founded social enterprise tech startups based in Bahrain, in collaboration with Amazon Web Services (AWS).


Digital payments startup Wirex launches waitlist for multicurrency Mastercard debit card
Published: 22-10-2020 | 10:36:08 | By: Pie Kamau
London-based digital payments startup Wirex has launched the waitlist for a new multicurrency Mastercard debit card, just days after its record-breaking crowdfunding campaign came to a close, raising £3.7 million in 2 weeks.


[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.


[Startup Interview] Jeremy Mah, CEO, NeuXP, Malaysia
Published: 22-10-2020 | 07:36:00 | By: Bob Koigi
NeuXP is an integrated digital banking startup based in Malaysia that is positioning itself as the amazon of banking by providing a complete ecosystem with innovative services and leading-edge financial management tools.


[Startup Interview] Founders, pozi.io, Hungary
Published: 22-10-2020 | 07:32:00 | By: Bob Koigi
POZI is a Hungary-based marketplace that assesses and connects members of the startup ecosystem by offering structure to the messy processes of finding an idea, building a team, or launching a new product.


Washington-based startup Fabric launches headless commerce platform with $9.5m seed funding to grow D2C, B2B brands
Published: 21-10-2020 | 12:08:00 | By: Pie Kamau
Fabric, headless commerce platform purpose-built for growth launched its cloud-native experience and commerce product suite and announced $9.5 million in seed funding led by Redpoint Ventures, with participation from Sierra Ventures and Expa.


Toyota AI Ventures invests in Canadian robotic kitchen startup YPC Technologies
Published: 21-10-2020 | 11:50:09 | By: Pie Kamau
Toyota AI Ventures, Toyota's early-stage venture capital fund, announced its investment in YPC Technologies, a robotic kitchen startup based in Montreal, Canada.


AI startup EarthDefine announces expansion of its building footprint deocoding and on-demand property information
Published: 21-10-2020 | 11:26:51 | By: Pie Kamau
EarthDefine, a provider of high-resolution spatial data announced the release of an updated building footprint database, which contains over 156 million footprints of commercial and residential structures across the continental United States.


Australian retail tech startup Tiliter raises $7.5m for cashierless AI shopping technology
Published: 21-10-2020 | 11:16:00 | By: Pie Kamau
Tiliter, artificial intelligence (AI) provider whose technology uses computer vision to recognise products without barcodes compled a $7.5 million capital raise led by Investec Emerging Companies (IEC).


AI healthtech startup Savana secures Series B funding to expand in America
Published: 20-10-2020 | 11:06:00 | By: Pie Kamau
Savana, healthtech startup accelerating health science with big data, announced the successful completion of its $15 million B Series led by Cathay Innovation.


Plug and Play Cleveland announces Fall health accelerator startups
Published: 20-10-2020 | 10:51:00 | By: Pie Kamau
Plug and Play Cleveland announced the selection of 10 new startups into the fall 2020 batch.


South Korean AI startup MoneyBrain partners with Rainus to put an AI human in Electronic Shelf Labels
Published: 20-10-2020 | 10:36:55 | By: Pie Kamau
South Korean, Seoul-based Artificial Intelligence (AI) startup MoneyBrain announced it is supplying an AI video synthesizing solution to Rainus, Electronic Shelf Labels (ESL) company.


Indonesian blockchain startup Tokoin introduces DeFi Program for investors and MSMEs enterprises
Published: 20-10-2020 | 09:36:00 | By: Pie Kamau
Tokoin, an Indonesian startup using blockchain technology to reduce the barriers that small and medium scale enterprises face while trying to access credit, has introduced BISS DeFi Program to benefit both investors and partner enterprises.


Female-owned startup Canela Media closes $3m seed round to support expansion of Canela.TV
Published: 20-10-2020 | 09:25:00 | By: Pie Kamau
Canela Media, Latina-owned digital media company announced it has closed a $3 million Seed round, bringing total funding this year to $5 million.


Galileo partners with fintech startup Save to process $7b in transactions and funds
Published: 15-10-2020 | 15:24:00 | By: Pie Kamau
Save and Galileo announced a partnership agreement to use Galileo's powerful and customizable API-based payments processing platform to process transactions and funding.


Tech startup PulsePoint launches health incubator to support development of novel datasets and health intelligence
Published: 15-10-2020 | 15:05:27 | By: Pie Kamau
PulsePoint, a technology company using real-time data to accelerate health marketing announced the launch of PulsePoint Data Lab, a collaborative incubator program designed to support early stage health data startups.


Early stage tech startups investor True Ventures closes two new funds totaling $840m
Published: 15-10-2020 | 14:47:00 | By: Pie Kamau
True Ventures, a Silicon Valley-based venture capital firm that invests in early stage technology startups announced the closing of its seventh early stage fund in the amount of $465 million, along with its fourth Select Fund in the amount of $375 million.


U.S. therapy startup Coa raises $3m to launch world's first gym for mental health
Published: 15-10-2020 | 14:30:00 | By: Pie Kamau
Coa, an online emotional fitness studio for live classes and one-on-one therapy, announced a $3 million seed round led by Crosslink Ventures with RedSea Ventures and Alpaca VC.


Egyptian last-mile delivery startup dreevo launches operations with pre-seed funding from EF Logistics
Published: 14-10-2020 | 16:11:00 | By: Pie Kamau
Egyptian last-mile delivery focused startup dreevo raised a six figure US dollar in a bootstrap, pre-seed funding round from EF Logistics, a third party logistic services provider, to introduce agile and affordable technological solutions.


Tel Aviv based startup Dataloop raises $16m to launch its advanced platform for AI annotation and management
Published: 14-10-2020 | 15:40:00 | By: Pie Kamau
Dataloop, a platform for AI data management and annotation announced it has raised $16 million in funding following the completion of an $11 million Series A round led by Amiti Ventures.


Austin hardware startup Xebec reaches over $2m in sales five months following launch
Published: 14-10-2020 | 15:24:00 | By: Pie Kamau
Austin-based hardware startup Xebec announced it has reached a milestone of $2.2 million in sales in its first five months, selling out of 5,500 units of the flagship product, the Xebec Tri-Screen.


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


Norwegian Katapult Ocean invests in cleantech startup ecoSPEARS for access to clean water, food, and air
Published: 14-10-2020 | 14:42:00 | By: Pie Kamau
Norwegian Group Katapult Ocean has invested in ecoSPEARS, a cleantech startup that uses patented NASA environmental technologies to clean toxins from sediments, soil and groundwater, to enhance access to clean water, clean food, and clean air.


[Startup Interview] Nitin Shingote,Nilesh Shingote, Founders, PropCheckup, India
Published: 14-10-2020 | 10:47:00 | By: Bob Koigi
PropCheckup is an Indian home inspection startup that has monitors over 100 property checkpoints and provides a detailed home inspection report which snags hidden issues like seepage, electrical faults, water leakage, wall dampening, carpet areas shortage and plumbing issues.


Greenwood closes $3m seed round to build online banking solution for Blacks and Latinx
Published: 09-10-2020 | 17:51:00 | By: Pie Kamau
Greenwood has secured $3 million in seed funding from private investors as the first digital banking platform for Black and Latinx people and business owners.


[Startup Interview] Muhammed Haleel, Founder, Expatriates.io, India
Published: 09-10-2020 | 16:50:00 | By: Bob Koigi
Indian-based startup Expatriates.io sells premium job posting and resume features to employers and companies. Its website has established a footprint in 249 countries. Muhammed Haleel the company’s founder explains the business model.


Point Pickup raises $30m to meet growing demand for enterprise e-Commerce final-mile delivery
Published: 09-10-2020 | 13:43:00 | By: Pie Kamau
Point Pickup Technologies, the company that has successfully reinvented the final-mile delivery model for many of the US's top e-Commerce enterprises, has raised $30 million from BBH Capital Partners.


Global Startup Awards expands across Africa
Published: 09-10-2020 | 11:37:00 | By: Pie Kamau
The Global Startup Awards (GSA), largest independent startup ecosystem awards platform with a mission to find, recognise and connect the future shapers of the digital age from all around the world, will now be expanding across Africa.


Founders Factory arrives in Brazil in collaboration with Qintess
Published: 08-10-2020 | 15:47:30 | By: Pie Kamau
Qintess, Brazilian IT and digital transformation group, recognized as one of 100 most innovative companies in Brazil in 2020, announced a 12-month collaboration with Founders Factory, a leading global venture builder and investor.


CNBC disruptor and healthcare startup Heal selects 5WPR as agency of record
Published: 08-10-2020 | 15:37:00 | By: Pie Kamau
5W Public Relations, one of 15 independently-owned PR firms in the U.S., announced it has been named PR Agency of Record for Heal, a healthtech startup that offers doctor house calls and telemedicine appointments.


Texas-based startup Viva First launching new mobile bank for Latinos in the U.S.
Published: 08-10-2020 | 15:02:00 | By: Pie Kamau
Texas-based startup, Viva First, is launching a new mobile bank with the Latino community in mind, all 52 million in the United States.


German tech startup CloudRadar launches new data center in Johannesburg, South Africa
Published: 08-10-2020 | 09:28:00 | By: Pie Kamau
German tech startup CloudRadar is launching its cloud-based IT-monitoring service in South Africa, ahead of further global expansion, to help ensure IT stability for regional businesses in the face of rapid, pandemic-fuelled digitisation.


German environmental IoT startup Dryad raises €1.8m for ultra-early wildfire detection system
Published: 07-10-2020 | 13:18:00 | By: Pie Kamau
Environmental IoT startup Dryad Networks has secured seed funding of €1.8 million to develop a large-scale IoT network for the ultra-early detection of wildfires - the Internet of Trees.


U.S. fintech startup DoubleChec appoints Bill Amelio as Co-CEO and Executive Chairman
Published: 07-10-2020 | 13:08:00 | By: Pie Kamau
DoubleCheck, financial technology startup, announced the appointment of Bill Amelio as Co-Chief Executive Officer and Executive Chairman.


Subscription Management startup Chargebee secures $55m to capture global shift to subscriptions
Published: 07-10-2020 | 12:51:00 | By: Pie Kamau
Chargebee, the subscription billing and revenue operations platform powering thousands of fast-growth subscription businesses announced a $55 million Series F funding round led by Insight Partners.


Rabobank unveils 45 food & agriculture startups selected for FoodBytes! Pitch 2020
Published: 07-10-2020 | 12:16:00 | By: Pie Kamau
Rabobank unveiled the 45 startups selected to participate in FoodBytes! Pitch 2020, its global food and ag startup discovery program that helps entrepreneurs scale their impact through mentorship and connections to corporate leaders and investors.


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


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


SaaS based AI for cardiac imaging startup Dyad Medical fundraising exceeds $3.5m
Published: 06-10-2020 | 12:11:00 | By: Pie Kamau
Dyad Medical, a groundbreaking medical image analysis platform delivering cloud-based artificial intelligence (AI)-based analysis, announced after just 90 days, the closing of its oversubscribed Series Seed funding round.


Accenture joins Plug and Play's Startup Creasphere program
Published: 06-10-2020 | 11:45:00 | By: Pie Kamau
Startup Creasphere, one of Plug and Play's global offices focused on Health in Munich, announced its new partnership with Accenture.


U.S. blockchain-powered startup Braintrust raises $18m in strategic growth funding
Published: 05-10-2020 | 11:57:00 | By: Pie Kamau
Braintrust, a global network of highly-skilled technical and design talent, announced a $18 million Strategic Growth Round, just three months after emerging from stealth in June.


Canadian tech startup S-Factor launches final seed fundraising round
Published: 05-10-2020 | 11:45:34 | By: Pie Kamau
S-Factor, a private technology firm providing the most comprehensive set of social impact data currently available on the market, announced the launch of its final seed fundraising round via a private equity placement.


Polish cleantech startup Airly raises $2m for global air quality platform
Published: 05-10-2020 | 11:20:00 | By: Pie Kamau
Polish cleantech startup Airly announced a $2 million pre-seed round to scale its AI-powered air quality platform globally, led by Giant Ventures, the multi-stage fund backing purpose-driven technology companies.


New Ventures Funds rebrands as Scientia Ventures
Published: 05-10-2020 | 11:07:08 | By: Pie Kamau
New Ventures Funds launched a new corporate brand identity and changed its name to Scientia Ventures.


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


Enel expands into Canadian innovation ecosystem partnership with MaRS
Published: 01-10-2020 | 14:23:12 | By: Pie Kamau
Enel, a multinational power company and integrated player in the global power, gas and renewables markets. announced it has expanded its energy innovation reach into Canada through a partnership with MaRS Discovery District.


Eyewear startup Vontélle launches into luxury eyewear space
Published: 01-10-2020 | 13:56:00 | By: Pie Kamau
Startup eyewear manufacturer Vontélle, LLC is launching a unique brand into the luxury eyewear space, offering awe-striking, ethnic patterns reflecting African, Caribbean, and Latin cultures.


Nigerian mobility startup MAX.ng partners with DLM Capital to transform transportation finance in Africa
Published: 01-10-2020 | 09:09:00 | By: Pie Kamau
Metro Africa Xpress, a mobility platform in Nigeria and West Africa, announced the successful issuance of a ₦400m 1-year fixed-rate notes under its newly structured ₦10bn/$22m Private Company Bond program.


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.