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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3845972 | Tags:

Engineering firm Sandvik acquires majority stake in China-based Suzhou Ahno
Published: 23-04-2024 | 16:41:00 | By: Bob Koigi
The company will be reported within the business area segment Sandvik Machining Solutions.


Cardinality raises $12.5m Series B financing to expand market coverage, accelerate growth
Published: 19-04-2023 | 15:16:00 | By: Pie Kamau
Cardinality.ai, a government-technology focused AI SaaS solution provider, announced a $12.5 million Series B investment led by Boathouse Capital, along with other investors.


Institutional on-chain finance startup Fractal raises $6m seed funding to accelerate growth
Published: 19-04-2023 | 14:59:00 | By: Pie Kamau
Fractal, an infrastructure provider enabling institutions to clear, settle, and margin digital asset trades on-chain, announced it has secured $6 million in financing led by Hack VC.


Artificial intelligence: Africa takes up the subject
Published: 19-04-2023 | 13:55:00 | By: Pie Kamau
As AI systems like ChatGPT begin to disrupt our daily lives, the global race for innovation is accelerating. The biggest advances are taking place in the United States, China and Europe.


French-African Fund 2 completes final close at over €50 million
Published: 19-04-2023 | 13:45:00 | By: Pie Kamau
AfricInvest announced a final close of the French African Fund II (FFA II), the successor fund to the French African Fund (FFA), having raised over €50 million of subscriptions.


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


[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Published: 18-04-2023 | 16:31:00 | By: Pie Kamau
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.


[Column] Alp Tilev: Why the transition to e-mobility in Africa must be expedited
Published: 18-04-2023 | 16:18:00 | By: Pie Kamau
Historically, Asia has been the birthplace of motorcycles. China, India, Indonesia, and Vietnam are the world's four largest motorcycle markets. The continent is home to roughly 58% of all motorcycles in the world.


[Column] Hardeep Sound: Close the tech skills gap to unlock East Africa’s economic growth
Published: 18-04-2023 | 16:06:00 | By: Pie Kamau
Is a lack of tech skills hampering East Africa’s economic growth? The World Bank data suggests that the digital economy contributes more than 15% of total global GDP.


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


Climate tech startup nZero raises $16m Series A funding amid global call for accurate sustainability reporting
Published: 18-04-2023 | 15:44:00 | By: Pie Kamau
nZero, the near real-time carbon management and accounting platform, announced it has closed a $16 million Series A funding round.


AlphaSense raises $100m to fuel innovation in AI and market intelligence
Published: 12-04-2023 | 15:20:00 | By: Pie Kamau
AlphaSense, the market intelligence and search platform, announced a $100 million addition to its $225 million Series D financing round at a $1.8 billion valuation.


GigaStar launches next gen funding experience for YouTube creators
Published: 12-04-2023 | 15:03:00 | By: Pie Kamau
GigaStar, a startup bringing Creators and Fans together as partners, announced that its next-generation marketplace launched in beta, offering YouTube Creators streamlined access to Fan funding.


GCPL to invest $12m in early-stage Indian consumer startups
Published: 12-04-2023 | 13:41:00 | By: Pie Kamau
Godrej Consumer Products Limited (GCPL), announced that it will be investing INR 100 Crore ($12 million) in Early Spring, a new INR 300 Crore early-stage consumer fund being set up by Spring Marketing Capital (Spring).


ABBANK accelerates banking transformation with Backbase Platform in Vietnam
Published: 12-04-2023 | 12:56:00 | By: Pie Kamau
Backbase, the global player in Engagement Banking, has partnered An Binh Bank (ABBANK) to transform the banking experiences for millions of Vietnamese customers.


Infobip launches Conversational Everything Blueprint to help brands meet evolving customer preferences
Published: 12-04-2023 | 12:33:00 | By: Pie Kamau
Global cloud communications platform Infobip has launched a new Conversational Everything Blueprint to enable brands embed conversational experiences for customer communications.


[Interview] James Kilpatrick, Chair, Gravitilab, UK
Published: 06-04-2023 | 11:33:00 | By: Bob Koigi
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises.


[Interview] Ramanjeet Singh, CEO, Woosper, USA
Published: 06-04-2023 | 11:30:00 | By: Bob Koigi
 Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world.


Belgian beverage startup Bar.on develops world’s first molecular beer printer
Published: 04-04-2023 | 16:44:00 | By: Pie Kamau
Bar.on, a Belgian beverage startup, has developed the world's first molecular beer printer, capable of creating multiple types of beer in seconds.


[Column] Chris Boshoff: Connecting the digital backbone
Published: 04-04-2023 | 15:34:54 | By: Pie Kamau
The Internet of Things (IoT) isn’t new, but it has simmered on the edges of innovation and transformation for years and now it has, as the World Economic Forum puts it, ‘quietly arrived’.


[Column] Gur Geva: Biometric attacks on the rise: the trends financial institutions need to be aware of in 2023
Published: 04-04-2023 | 14:14:00 | By: Pie Kamau
In the past year there has been a 149% increase in threat actors using emulators to attack mobile platforms. There has also been a 295% increase in novel face swaps.


Nigerian fintech firm Zone adopts ThetaRay AI Solution to screen payments
Published: 04-04-2023 | 14:00:00 | By: Pie Kamau
Zone (formerly Appzone) and ThetaRay announced they will collaborate to implement ThetaRay’s cloud-based SONAR solution to monitor and screen Zone’s transactions in Nigeria for illicit activities and sanctions violations.


Nigerian fintech startup Moni unveils new community-powered digital loans for African SMEs
Published: 04-04-2023 | 13:49:00 | By: Pie Kamau
Nigerian fintech startup Moni has launched a new range of business loans targeting SMEs in Africa.


[Interview] Chris Okoro, CEO, Eunisell Interlinked, Nigeria
Published: 15-03-2023 | 12:14:00 | By: Pie Kamau
Chris Okoro is an entrepreneur and business strategist skilled in the Financial Services and Engineering sector. He's currently the Managing Director and CEO of Eunisell Interlinked, Nigeria.


Raft announces $100m prime contract award to support cloud native product lines for Kessel Run
Published: 01-03-2023 | 16:42:00 | By: Pie Kamau
Raft, a technology consulting firm focused on solving hard engineering problems, announced it has been awarded a prime contract $100 million contract to develop software applications in collaboration with AFLCMC.


Israeli DevOps startup Port raises $7m to build an internal developer portal that fits any engineering organization
Published: 11-11-2022 | 07:39:00 | By: Pie Kamau
Israeli DevOps startup Port announced it had raised $7 million in seed funding for its comprehensive builder-based internal developer portal. The seed round was led by TLV Partners. 


Swedish startup Finch secures €2.5m funding to spearhead the shift from manual to generative workflows in the AEC industry
Published: 11-11-2022 | 07:05:00 | By: Pie Kamau
Swedish startup Finch announced it has secured €2.5 million funding to spearhead the shift from manual to generative and data-driven workflows in the architecture, engineering and construction (AEC) industry.


Austin-based startup Sumatra raises $1.5m seed round to launch real-time data platform
Published: 13-07-2022 | 16:18:00 | By: Pie Kamau
Sumatra, an Austin-based real-time data platform company, announced that it has secured $1.5 million in seed financing led by S3 Ventures with participation from Sentiero Ventures, Data Power Ventures, and AI Sprouts.


Stellar Ventures closes $23m fund for next-gen of space entrepreneurs
Published: 08-07-2022 | 11:15:00 | By: Pie Kamau
Stellar Ventures launched its first fund, SV Andromeda Fund LP, which recently held its final closing with over $23 million in capital commitments and the mission to invest in the future of space technology.


BRV China-backed eVTOL startup Zerog closes $1.48m seed round to accelerate growth
Published: 07-06-2022 | 10:26:00 | By: Pie Kamau
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.


DevOps-as-a-Service startup Architect.io closes $5m seed round to power developer adoption and engineering velocity
Published: 21-02-2022 | 15:06:00 | By: Pie Kamau
Architect.io, the next-generation dependency-aware continuous delivery platform, announced $5 million in seed round funding, led by Next Coast Ventures.


Prophecy startup raises $25m to accelerate availability of its low-code platform for data engineering
Published: 24-01-2022 | 14:44:00 | By: Pie Kamau
Prophecy, the enterprise low-code data engineering platform that brings the speed of DevOps to data engineering, announced it raised a $25 million Series A round.


TDK Ventures backs innovative nanomaterials coating technology startup, actnano
Published: 01-12-2021 | 14:23:00 | By: Pie Kamau
TDK Ventures has invested in the Series B financing of actnano, a nanomaterials technology company that is setting new standards for electronics protection with its water and environmental-resistant smart coating solutions.


Wellington-based metal casting startup Foundry Lab emerges from stealth, raises $8m Series A round
Published: 30-11-2021 | 12:43:00 | By: Pie Kamau
Digital metal casting startup Foundry Lab emerged from stealth, announcing a $8 million Series A raise led by Blackbird and showcasing its ability to create functional metal parts in less than a day.


European startup CircuitMess partners with Warner Brothers Consumer Products to launch STEM-based autonomous Batmobile
Published: 05-10-2021 | 16:30:26 | By: Pie Kamau
CircuitMess announced its licensing deal with Warner Brothers and its Kickstarter campaign for the CircuitMess Batmobile, designed to teach children seven and up about engineering and autonomous driving.


Recreational vehicle startup RINDEV announces preorder reservations of its experience driven electric side by side
Published: 31-08-2021 | 14:06:00 | By: Pie Kamau
Recreational vehicle disruptor, RINDEV, announced the opening of preorder reservations for their exciting and futuristic electric side by side, designed to address issues of global warming and overall experience.


Tech executive Mark Bregman launches Quidnet Ventures, a venture capital fund based in New Zealand
Published: 03-08-2021 | 12:41:00 | By: Pie Kamau
Mark Bregman, a successful tech executive and entrepreneur, has launched Quidnet Ventures, a venture capital fund based in New Zealand and operated out of New Zealand, San Francisco and New York City.


Homebuilding startup Higharc raises $21m Series A to aid in recruiting, building out engineering functions
Published: 26-04-2021 | 14:02:00 | By: Pie Kamau
Higharc, the all-in-one homebuilding platform for design, sales, and construction, announced it raised $21 million in Series A funding, led by Spark Capital.


New York-based startup Andela announces global engineering talent expansion
Published: 20-04-2021 | 09:53:34 | By: Pie Kamau
New York-based startup Andela, the global talent network that helps companies build remote engineering teams, announced the global expansion of its engineering talent.


Wynden Stark acquires NYC venture-backed tech startup untapt
Published: 16-04-2021 | 09:02:00 | By: Pie Kamau
Wynden Stark has acquired NYC venture-backed tech startup untapt, bringing in-house a world-class team of Data Scientists and Software Engineers.


SWARM Engineering startup raises $2.7m in seed funding led by S2G Ventures and Serra Ventures
Published: 16-04-2021 | 08:50:00 | By: Pie Kamau
SWARM Engineering, the next generation of cognitive software for the food supply chain, announced it closed funding for a $2.7 million seed round.


Techstars portfolio startup Edify raises $1.6m in initial funding round
Published: 15-02-2021 | 15:51:00 | By: Pie Kamau
Edify, a Techstars portfolio company, raised 1.635 million out of what could be a $2 million seed round. The company, founded in 2020 by CEO Kristen Gallagher, is embracing the future of work by streamlining the technical onboarding process.


Biotech startup Mekonos raises $4.6m for its gene engineering platform
Published: 24-11-2020 | 12:09:00 | By: Pie Kamau
Mekonos, a biotech company launching the first-of-its kind system-on-a-chip (SoC) for targeted ex vivo gene engineering, announced it has completed a $4.6 million financing round.


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.


IME Medical Electrospinning secures €3m financing from Dutch VCs to expand its Medispin XL production platform
Published: 14-09-2020 | 12:37:00 | By: Pie Kamau
IME Medical Electrospinning, a global leader in electrospun medical devices and regenerative medicine, announced it has successfully raised €3 million in equity financing and debt.


London based startup TOffeeAM raises £1m in Seed funding to expand its innovative team
Published: 16-07-2020 | 12:36:00 | By: Pie Kamau
TOffeeAM, an Imperial College spin-out that optimizes product designs for Additive Manufacturing (AM), also known as 3D printing, has raised £1 million in seed funding.


[Startup Interview] Anton Herbst, CEO, Vincula Holdings, South Africa
Published: 14-07-2020 | 17:00:00 | By: Bob Koigi
Vincula Holdings, domiciled in Johannesburg South Africa, is a startup connecting employers, project sponsors, contractors, subcontractors and suppliers through a platform that also seeks to provide participants with worldwide and focused exposure to grow their market share.


U.S. electric-vehicle startup Fisker completes $50m private financing to launch its Ocean all-electric luxury SUV in 2022
Published: 09-07-2020 | 15:04:00 | By: Pie Kamau
Fisker, designer and manufacturer of the world’s most emotionstirring, eco-friendly electric vehicles and advanced mobility solutions announced the successful completion of a $50 million Series C financing round.


U.S. based startup Andela to double engineering talent pool with Pan-African expansion
Published: 04-07-2020 | 12:45:00 | By: Pie Kamau
Andela, the global talent network that helps companies build remote engineering teams, will now accept engineers from all African countries, expanding its presence from six countries to the entire continent.


[Startup Interview] Katlego Malatji, CEO, ProjectOne Engineering, South Africa
Published: 30-06-2020 | 12:52:00 | By: Pie Kamau
Katlego Malatji is the CEO of ProjectOne, a South African based innovative engineering consultancy company that focuses on 4IR projects in manufacturing.


Spain startup Zeleros raises €7m in financing to lead the development of hyperloop in Europe
Published: 01-06-2020 | 16:14:00 | By: Pie Kamau
Zeleros Hyperloop startup has completed a financing round worth more than €7 million for the company to start a new and important phase in the development of its unique version of hyperloop, the fifth mode of transport.