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Engineering firm Sandvik acquires majority stake in China-based Suzhou Ahno
The company will be reported within the business area segment Sandvik Machining Solutions.
[Interview] Chris Okoro, CEO, Eunisell Interlinked, Nigeria
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
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
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
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
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
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
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
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
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.
Los Angeles-based healthtech startup Kiira Health raises $4m to transform healthcare for young women
Kiira Health, a Los Angeles-based healthcare technology company, closed a $4 million seed round led by 500 Global and Forum VC.
Luxury Travel Hackers launches equity crowdfunding campaign for its influencer based travel startup
Luxury Travel Hackers (LTH) has launched its regulation crowdfunding raise via popular platform Start Engine.
Israeli SaaS security startup Atmosec raises $6m seed round to secure SaaS ecosystems
Atmosec, the SaaS security venture, announced its official launch out of stealth as well as the completion of a $6 million seed funding round, led by Glilot Capital Partners and Battery Ventures.
Spa and salon marketplace startup Spa Space raises $3m seed funding to accelerate growth
Spa Space announced the closure of a $3 million seed round of funding. The three-sided vertical marketplace for the spa and salon industries solves the therapist shortage with a wide range of on-demand staffing solutions.
Crypto investment startup Stacked raises $35m to build out regulated products for retail crypto investors
Stacked, a crypto-investing software that allows users to manage assets and invest in pre-built portfolios and strategies, announced it has raised $35 million Series A funding round led by Alameda Research.
Kenyan fintech startup Paylend raises $2m seed investment to accelerate growth
Paylend, a Kenyan fintech startup focused on providing access to finance and digitizing MSMEs in Kenya announced it has raised $2 million seed investment from Next Chymia Consulting HK Limited.
Next Century Ventures announces inaugural investment in U.S.-based Urban Air Mobility startup ANRA Technologies
Next Century Ventures (NCV), announced it has invested in ANRA Technologies, the forerunner of air traffic control and commercial solutions in the Urban Air Mobility (UAM) industry.
TDK Ventures invests in scalable driverless transportation startup Faction
TDK Corporation announced that subsidiary TDK Ventures, has invested in scalable driverless transportation startup company, Faction.
Israeli influencer marketing startup Humanz raises $8m to accelerate growth
Humanz, an AI powered influencer marketing platform that connects influencers & content creators with brands, announced it has closed an $8 million seed round led by the Stardom Ventures fund.
Nigeria tech startups raised $1.7billion in 2021, report
Since the beginning of 2021, Africa-based tech startups have raised more than $2.9 billion with Nigerian startups which are creating new products, services, and platforms raising $1.7 billion of this total or about 60% of it, a new report has found.
Nigeria's Ventures Platform closes first $40m pan-African fund
Nigeria-based Ventures Platform has announced the first close of its $40 million pan-African fund to invest in market-creating innovations across Africa.
Kenyan fintech startup Tanda inks deal with Twiga Foods to enable vendors vend its digital financial services
Kenya’s fintech startup Tanda announced a new partnership with Twiga Foods that will see Twiga vendors become a one-stop-shop for a variety of digital and financial services offered by Tanda.
Medical device startup ViCentra closes €65m Series C funding to expand footprint of insulin pump across Europe
ViCentra, the company behind Kaleido, world's smallest and lightest wearable insulin pump (patch pump), announced the closing of €65 million Series C financing.
Philanthropi startup raises $4m to power charitable giving legacies of everyday donors
Philanthropi, the company revolutionizing charitable giving by democratizing philanthropy through its "giving-as-a-service" platform, announced it raised $4 million in funding from lead investor Amex Ventures.
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.
IFC, ADGM launch She Wins Arabia initiative to boost opportunities for women-led startups and businesses across MENA
IFC and Abu Dhabi Global Market (ADGM) launched She Wins Arabia, an initiative to help women-led startups across the MENA region, get the advice, finance, and mentorship they need to grow.
Kenyan tech startup Wowzi raises $3.2m seed funding to expand across Africa
Kenyan tech startup Wowzi has raised $2 million in seed funding to expand its digital marketplace across Africa.
Polymer No-Code DLP closes $4m seed round to protect leakage of sensitive customer data
Polymer, the cloud native No-Code Data Loss Prevention (DLP) solution for third party SaaS platforms, today announced the completion of a $4 million Seed round led by Story Ventures.
Munich-based startup ZenML raises $2.7m to advance open source MLOps framework
ZenML, the creator of the extensible open source Machine Learning Operationalization (MLOps) framework for data scientists, announced it has raised $2.7 million in its seed round led by Crane Venture Partners.
Mental healthcare startup UpLift raises $8m funding to integrate psychiatry into its delivery platform
UpLift, the first vertically integrated mental healthcare delivery system, announced its expansion into psychiatry as well as the closing of $8 million in secondary funding.
Canadian electric vehicle startup eLeapPower raises $21m funding to accelerate initial production and global growth
eLeapPower, a technology innovator revolutionizing electric vehicles inside and outside, with its Smart Inverter System, announced it raised $21 million CAD in Series A funding.
FirstEnergy invests in Venture Capital Fund to help advance sustainable energy innovation
As part of its efforts to advance new technologies that will benefit customers and address climate change, FirstEnergy announced an incremental investment in global venture capital firm Energy Impact Partners' (EIP) Fund II.
[Startup Interview] Roman Bysko, CEO, Meredot, Latvia
Meredot is a Latvia-based mobility infrastructure startup that develops electric fueling stations to charge an e-scooter wirelessly and help cities thrive by resolving mobility issues and maximizing the benefits of micro-mobility. The startup’s Co-founder and CEO elaborates.
U.S. housing technology startup Jupe raises $9.5m seed round to build pop-up shelter system
Housing technology startup Jupe announced $9.5 million in seed funding led by Initialized Capital with participation from Y Combinator. The money will be used to hire a CTO and a wider team of software and hard tech engineers.
Binance Labs leads $1.5m seed round for BBS Network
Binance Labs, the venture capital and incubation arm of Binance, led the $1.5 million seed round for Bulletin Board System (BBS) Network, a decentralized Web3.0 public network of user-run online message boards.
London-based professional networking startup myGwork secures £1.6m for global expansion
myGwork, the global business LGBTQ+ recruitment and networking platform, has secured £1.6 million in the latest funding round led by 24Haymarket to grow its user base and continue with its international expansion plans.
Subscription Management startup Chargebee opens new office and data center in Australia
Chargebee, the subscription management platform, announced it has opened a dedicated office and data center in Sydney, Australia to support SaaS and subscription businesses and ensure APP compliance.
MENA’s media & entertainment startup Minly acquires Dubai’s celebrity shoutout platform Oulo
Minly, the MENA region’s media & entertainment startup, announced the acquisition of Oulo, a Dubai-based celebrity shoutout platform focused on the Levant region.
German indoor positioning tech startup NavVis raises €25m funding to digitize commercial buildings and assets
NavVis, a global leader in end-to-end solutions for reality capture and digital twins, announced it received €25 million of fresh equity funding that complements the recent €20 million debt funding from the EIB.
Netherlands emerging as 'Hottest Tech Hub' in Europe, not reaching its full potential yet, report
Atomico, an international investment firm that focuses on helping disruptive technology companies scale globally, announced that the Netherlands is emerging as Europe's hottest tech hub.
U.S. healthtech startup Vim accelerates growth with opening of offices in New York and Tel Aviv
Vim, a technology company building digital infrastructure for U.S. healthcare, opened a new office in Midtown Manhattan and in Nahalat Yitzhak in Tel Aviv, Israel, to accommodate its rapidly growing workforce.
Egyptian fintech startup KlickIt closes first investment round to further develop its platform
Egyptian fees management and digital collection platform, KlickIt, announced the closing of its first investment round to further develop its platform. The round was led by EFG Finance and Camel Ventures, the venture capital arm of dfin Holdings.
Kenyan-based Penda Health partners with femtech e-Commerce startup Kasha to ease contraceptive access for consumers
Healthcare solution provider Penda Health announced a partnership with Rwandan femtech e-Commerce startup Kasha, to enable increase access to contraceptive products via the Kasha digital platform.
Nigerian B2B e-Commerce startup TradeDepot raises $110m to extend ‘Buy-Now-Pay-Later’ services to African retailers
TradeDepot, the B2B e-Commerce and embedded finance platform in Africa, has raised $110 million in an equity and debt funding round to support the delivery of Buy-Now-Pay-Later services to SME retailers.
Canadian bike-tech startup MyVeloFit secures seed funding to scale up its operations, expand service offering
Canadian bike-tech startup MyVeloFit secured seed funding with Shopify's former Chief Technology Officer Cody Fauser leading the investment.
TDK Ventures backs innovative nanomaterials coating technology startup, actnano
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.
South Korean AI optimization startup Nota raises $14.7m series B to expand its global business
Nota, an AI optimization platform startup, acquired series B funding amounting to $14.7 million that is announcing. The series B funding was finalized last month, a year after the series A funding of $6.7 million.
Danish healthtech startup Dawn Health raises $25m investment to revolutionize digitalization of global life science industry
Dawn Health, a global leader in digital health, received $25 million investment from a consortium of highly experienced investors.
Tōquidity secures seed round investment from Global Blockchain Ventures Fund
Tōquidity, a Tokenization as a Service company that unlocks liquidity for business and asset owners through digitization, announced Global Blockchain Ventures Fund, LP (GBV) has filled Tōquidity's seed round of funding.
Wellington-based metal casting startup Foundry Lab emerges from stealth, raises $8m Series A round
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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.
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