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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3778524 | Tags:





Film tech startup KINO Studios secures $2m to reshape the entertainment economics
Published: 13-10-2023 | 13:57:00 | By: Pie Kamau
KINO announced $2m oversubscribed pre-seed funding round.


Sony launches Sony Innovation Fund Africa
Published: 12-10-2023 | 11:50:00 | By: Pie Kamau
Sony has launched ''Sony Innovation Fund: Africa" to support the growth of the entertainment businesses in Africa.


Mythic Protocol raises $6.5m to build the world first collaborative entertainment
Published: 13-09-2023 | 15:30:00 | By: Pie Kamau
Mythic Protocol has closed an oversubscribed $6.5 million seed round.


Swiss sports tech startup Coachbetter raises $2.9m to bridge tech and football for all
Published: 15-08-2023 | 09:54:00 | By: Pie Kamau
Coachbetter has announced the completion of $2.9m seed-plus investment round.


AI chat startup Chai announces $205m valuation
Published: 14-08-2023 | 13:58:00 | By: Pie Kamau
Chai, the AI chat entertainment platform, has announced a $205 million valuation.


World Bank awards 10 Southern African fintech startups with $5k each
Published: 14-07-2023 | 15:49:00 | By: Pie Kamau
10 Southern African fintech startups have each received $5,000 from the World Bank.


boombox.io raises $7m to build out creator platform for music makers
Published: 25-05-2023 | 15:25:00 | By: Pie Kamau
boombox.io.io, a collaboration platform for music makers, announced it has closed $7 million of seed capital.


Meet the 10 tech startups in the inaugural Geekz Ventures pre-accelerator
Published: 28-03-2023 | 10:30:00 | By: Pie Kamau
US-based pre-accelerator Geekz Ventures has announced its class of 10 startups for its inaugural cohort program.


Mexican TV audiences back AI dubbing over subtitles, report
Published: 07-03-2023 | 11:59:00 | By: Pie Kamau
The world's biggest entertainment distributors could win over millions of TV viewers currently swerving non-domestic content by deploying AI dubbing, new research suggests.


London-based TDGA secures NewMedia Holding as lead investor in $20m seed round
Published: 14-02-2023 | 09:07:00 | By: Pie Kamau
London-based TDGA, the owner of the biggest brand in Space Media today, Space Hero, announced a $20 million seed round.


Spotcovery, serving as a bridge between African Americans and Africans, launches optimization tool on site
Published: 01-02-2023 | 14:22:00 | By: Pie Kamau
Spotcovery, the innovative media platform that connects descendants of the African continent while promoting culture, creativity, entrepreneurship and economic growth, has launched the Slickstream optimization tool.


African mobile game publisher Carry1st raises $27m funding round to accelerate growth
Published: 20-01-2023 | 09:16:00 | By: Pie Kamau
African mobile game publisher Carry1st, has raised $27 million in a funding round led by BITKRAFT Ventures, featuring participation from Andreessen Horowitz (a16z), TTV Capital, Alumni Ventures, Lateral Capital, Kepple Ventures, and Konvoy.


Mobile game startup Luckmon raises $1.3m pre-seed round to bring popular casual games reward platform
Published: 15-11-2022 | 10:50:00 | By: Pie Kamau
Luckmon, a casual mobile game development startup based in Irvine, California, has officially announced its early-round pre-seed fundraising has closed on a whopping $1.3 million.


Gen-Z founded Voyce.Me closes seed round at $2.5m led by Torch Capital
Published: 14-11-2022 | 14:38:00 | By: Pie Kamau
 Voyce.Me, a first-of-its-kind manga and webtoon creator platform founded by 21-year-old Dylan Telano, closed a seed round at $2.5 million led by Torch Capital.


AI gaming and Esports startup Regression Games exits stealth with $4.2m seed funding from NEA and a16z
Published: 16-08-2022 | 17:25:00 | By: Pie Kamau
Regression Games, the AI gaming and esports company announced it has closed $4.2 million in seed funding led by New Enterprise Associates (NEA).


German tech startup Cyanite announces new investors to support vision of universal music translation
Published: 10-08-2022 | 12:42:42 | By: Pie Kamau
Cyanite, a German tech company with various solutions in AI-powered music tagging and search, has closed an investment round with leading entrepreneurs from the music and technology industries.


Web3 digital identity startup Unstoppable Domains raises $65m Series A funding at $1b valuation
Published: 28-07-2022 | 11:48:00 | By: Pie Kamau
Unstoppable Domains, the platform for Web3 digital identity with more than 2.5 million registered NFT domains, announced it has closed $65 million in Series A funding at a $1 billion valuation.


London-based startup Geomiq raises $8.5m to digitize manufacturing and deliver industry leading service levels
Published: 28-07-2022 | 11:32:00 | By: Pie Kamau
London-based startup Geomiq announced it has raised $8.5 million funding to digitize global manufacturing and deliver industry leading service levels for Engineers and Procurement teams.


Web3 startup Book Token launches eBooks on Chain, sells $100K worth of eBooks
Published: 28-07-2022 | 11:06:00 | By: Pie Kamau
Dallas-based startup, Book Token (Booktoken.io), has brought books to the blockchain with the launch of its first eBook, the Gutenberg Bible - in recognition of the printing press technology created by Johannes Gutenberg.


Olympus Innovation Ventures backs endoscopy video and AI startup Virgo
Published: 28-07-2022 | 10:50:00 | By: Pie Kamau
Olympus announced that the company's venture capital fund, Olympus Innovation Ventures, completed its first investment, participating in the Series A financing of Virgo Surgical Video Solutions (Virgo) of Carlsbad, California.


Globant's Be Kind Tech Fund invests in ping voice technology platform to help get drivers home safely
Published: 28-07-2022 | 10:31:00 | By: Pie Kamau
Globant, a digitally native company focused on reinventing businesses through innovative technology solutions, announced that its Be Kind Tech Fund has invested in ping, a U.S.-based voice platform company.


Cryptocurrency startup Coinfeeds raises $2m seed round, launches Web3 community monitoring app
Published: 28-07-2022 | 10:20:00 | By: Pie Kamau
Coinfeeds announced that it has raised a $2 million seed round led by FTX Ventures, Coinbase Ventures, Protocol Labs (IPFS / Filecoin), Huobi Ventures, and startup accelerator Y Combinator.


Immigrants have started more than half of America's billion-dollar startup companies, study
Published: 27-07-2022 | 16:37:00 | By: Pie Kamau
Immigrants have started more than half (319 of 582, or 55%) of America's startup companies valued at $1 billion or more, according to a new study from the National Foundation for American Policy (NFAP), a nonpartisan research organization.


Mymee acquires Berlin-based healthtech startup Breakthrough Health to scale growth
Published: 27-07-2022 | 16:16:00 | By: Pie Kamau
Mymee, the provider of specialized care and support for people with significant symptoms associated with autoimmune disease and long COVID, has acquired Berlin-based Breakthrough Health, the creator of the #1 mobile app Emilyn for people with multiple sclerosis (MS).


Fintech startup CoinFlip raises $1m initiative to support emerging Web 3.0 startups
Published: 27-07-2022 | 15:57:00 | By: Pie Kamau
CoinFlip, a fintech company powered by cryptocurrency, announced the launch of CoinFlip Ventures, a new initiative that will support Web 3.0 based startup companies.


Fifth Wall raises $500m climate fund to decarbonize global real estate
Published: 27-07-2022 | 15:43:00 | By: Pie Kamau
Fifth Wall, a venture capital firm focused on technology for the global real estate industry, has held the final close of its inaugural Climate Fund with $500 million in capital commitments.


Madrid-based Seedtag raises over €250m to scale its Contextual AI technology
Published: 27-07-2022 | 15:31:00 | By: Pie Kamau
Seedtag, the leader in contextual advertising in EMEA and LATAM, announced it has raised over €250 million in funding from private equity investor Advent International.


UKI2S expands fund by £37m to accelerate British innovation
Published: 26-07-2022 | 11:49:00 | By: Pie Kamau
The UK Innovation and Science Seed Fund (UKI2S), announced the expansion of its patient capital fund by £37 million, to boost support of British innovation.


Data security startup Sotero closes $8m seed extension funding round to accelerate growth
Published: 26-07-2022 | 11:21:00 | By: Pie Kamau
Sotero, the leader in revolutionary data security, announced a $8 million extension of their seed round, bringing the round to a total of $13 million.


Fintech startup Bizao raises €8m Series A funding to accelerate its footprint across Africa
Published: 26-07-2022 | 10:51:00 | By: Pie Kamau
Bizao, a fintech that facilitates payments for both local and international businesses operating in Africa, announced a €8 million Series A funding to accelerate its geographical footprint across the continent and invest in the design of new lines of products and services.


Omaha-based startup Workshop raises $5m to streamline internal email and communications
Published: 26-07-2022 | 10:42:00 | By: Pie Kamau
Workshop, a delightful platform for distributing and measuring internal email and communications, has raised $5.2 million in additional seed funding. The round was led by McCarthy Capital out of their Emerging Growth strategy.


Nigerian fintech infrastructure startup Bloc acquires payments company Orchestrate
Published: 26-07-2022 | 10:24:55 | By: Pie Kamau
Bloc, the Nigerian fintech infrastructure provider, has announced the acquisition of Orchestrate (previously Getwallets), a proprietary payments orchestration startup that gives businesses instant access to multiple payment providers with one integration.


Singapore-based music startup SpiderVille raises $1m pre-seed funding to accelerate Web3 music adoption
Published: 26-07-2022 | 10:17:00 | By: Pie Kamau
SpiderVille, a Singapore-based Web3 music startup, announced it has raised a $1 million pre-seed round from Contents Technologies, Samsung Next, and other notable angel investors.


ComplyCube partners with Capital Pilot to back high-growth startups in the UK
Published: 25-07-2022 | 14:14:00 | By: Pie Kamau
ComplyCube, the global verification platform, has partnered with Capital Pilot, the Startup Rating Agency, to provide state-of-the-art KYC verification for Boost Fund I, the UK's first automated high-volume startup investment fund.


German startup Lumiform closes €6.4m to boost deskless worker app
Published: 25-07-2022 | 13:56:00 | By: Pie Kamau
Berlin-based deskless worker platform Lumiform has closed €6.4 million Series A financing round, led by Capnamic.


Boeing, AE Industrial Partners launch second venture fund to invest in innovative aerospace and defense startups
Published: 25-07-2022 | 13:19:00 | By: Pie Kamau
Boeing has committed a $50 million investment in AEI HorizonX, a partnership the company established with private equity firm AE Industrial Partners to invest in transformative aerospace technologies.


Agritech startup Lumo raises $2.1m to tackle the global water insecurity crisis
Published: 25-07-2022 | 13:03:00 | By: Pie Kamau
Lumo, a new agritech company focused on water sustainability, announced it has raised $2.1 million in pre-seed funding and plans to allocate funds toward commercialization of its irrigation technology.


Sudanese fintech startup Bloom nabs $6.5m backed by Y Combinator, GFC and Visa
Published: 25-07-2022 | 12:48:00 | By: Pie Kamau
Bloom, a Sudan-based fintech that offers a high-yield savings account and adjacent digital banking services, announced it has raised a $6.5 million seed round, after an undisclosed pre-seed round last year.


Surgical Intelligence startup Theator extends Series A funding with additional $24m for a total of $39.5m
Published: 25-07-2022 | 12:29:00 | By: Pie Kamau
Theator, the creator of Surgical Intelligence, announced it has raised $24 million in an extension of its Series A funding round.


Cyber security startup Anvilogic raises $25m Series B funding to modernize security operations
Published: 22-07-2022 | 10:56:00 | By: Pie Kamau
Anvilogic, a modern security operations platform that brings a cloud-based security data lake to life, announced the company's $25 million Series B funding.


TaskHuman startup raises $20m Series B funding to expand its virtual coaching platform
Published: 22-07-2022 | 10:46:00 | By: Pie Kamau
TaskHuman, the 1:1 digital coaching platform, has raised $20 million in Series B funding to amplify human well-being and productivity in a digital world.


InterApp startup raises $1.2m to bring mass adoption of AR as a necessary consumer utility tool
Published: 22-07-2022 | 10:28:00 | By: Pie Kamau
Sacramento, CA based startup InterApp announced it has raised $1.2 million in pre-seed funding, to double down on early marketing efforts and acquire 10% of the Total Addressable Market (TAM) within 12 months.


Irish digital identity startup valid8Me secures €12.5m investment to increase headcount, accelerate growth
Published: 22-07-2022 | 10:12:00 | By: Pie Kamau
valid8Me, the digital identity SAAS platform, announced that Grant Thornton Ireland are investing €12.5million in the company.


AfricInvest and Cathay Innovation complete final close of €110m Pan-African venture fund
Published: 22-07-2022 | 09:49:00 | By: Pie Kamau
Africa’s multi-asset investment platform AfricInvest and global venture capital firm Cathay Innovation, have completed the final close of their joint Pan-African venture fund, Cathay AfricInvest Innovation Fund (CAIF), at €110 million.


South Africa’s student housing startup DigsConnect secures investment to spearhead international growth
Published: 22-07-2022 | 09:39:00 | By: Pie Kamau
DigsConnect.com, South Africa’s digital student accommodation platform, announced the closure of its Pre-Series A seed extension round after securing undisclosed multi-million rand investment.


Yamaha partners with Nigerian startup MAX for vehicle financing and maintenance
Published: 22-07-2022 | 09:34:00 | By: Pie Kamau
Moto Business Service Nigeria (MBSN), a subsidiary of Japan’s Yamaha Motor Corporation, announced a strategic partnership with Metro Africa Xpress (MAX), to finance and maintain over 50,000 vehicles over the next 2 years.


African accelerator for European scaleups Chapter54 now in full swing
Published: 20-07-2022 | 10:49:00 | By: Pie Kamau
Chapter54, the first accelerator dedicated to European scaleups wishing to expand into African markets, launched in January 2022 by Partech, has started to support its first batch of European scaleups.


Pan-African talent marketplace Gebeya announces new innovation to accelerate hiring freelance professionals
Published: 20-07-2022 | 10:45:00 | By: Pie Kamau
Gebeya, the Pan-African marketplace for freelance professional talent, announced a new innovation to accelerate a more stable, dynamic African tech talent infrastructure.


French insurtech startup Orus raises €5m to reinvent professional insurance for SMEs
Published: 20-07-2022 | 10:29:00 | By: Pie Kamau
Orus, the insurtech company for small businesses, announced it has raised €5 million from Frst, Partech, Portage Ventures and around twenty business angels.


HiddenLayer startup emerges from stealth mode, raises $6m seed funding to protect AI-powered products
Published: 20-07-2022 | 10:06:00 | By: Pie Kamau
HiddenLayer startup announced it has emerged from stealth mode to launch its flagship product, after raising $6 million in seed funding led by Ten Eleven Ventures.


D3 launches first cohort of startups to accelerate scaling of carbon dioxide removal solutions
Published: 20-07-2022 | 09:41:00 | By: Pie Kamau
Global climate technology accelerator Third Derivative (D3), has launched a focused cohort of five promising startups working on durable carbon dioxide removal (CDR) solutions.


Social impact fintech DreamStart Labs partners with BRAC Bank to reach unbanked women in Bangladesh
Published: 20-07-2022 | 09:25:00 | By: Pie Kamau
DreamStart Labs, a fintech for emerging markets, and BRAC Bank, a commercial bank in Bangladesh, have entered into an agreement to provide digital financial services to unbanked women in Bangladesh.


Novelis partners with recycling startup Sortera Alloys to recycle automotive post-production and consumer scrap
Published: 19-07-2022 | 15:39:00 | By: Pie Kamau
Novelis, a sustainable aluminum solutions provider and the world leader in aluminum rolling and recycling, announced a strategic partnership with Sortera Alloys, an industrial scrap metal sorting and recycling company.


Virginia-based fashion tech startup Circ raises $30m funding to expand recycle clothing, eliminate waste
Published: 19-07-2022 | 14:39:00 | By: Pie Kamau
The circular fashion company Circ announced over $30 million in Series B funding backed by some of the largest international apparel companies and venture capital firms.


Japanese open-source autonomous driving startup TIER IV launches $300m green autonomous driving project
Published: 19-07-2022 | 13:51:00 | By: Pie Kamau
TIER IV, an open-source autonomous driving startup, announced it has received a grant from the Green Innovation Fund Projects (GI Fund) for research and development of autonomous driving software platforms.


Oslo-based DevOps startup Kosli set to launch free tier for developers
Published: 19-07-2022 | 13:41:00 | By: Pie Kamau
Oslo-based software startup Kosli announced it will launch a free tier of its SaaS later this summer. Founded in 2019 as a compliance automation platform for regulated DevOps teams in sectors like fintech, Kosli will now offer a much broader set of use cases for developers in all industries.


Carbon Business Council launches to create a seat at the policy table for carbon management startups
Published: 19-07-2022 | 13:29:59 | By: Pie Kamau
The Carbon Business Council (CO2BC) has launched, to advocate for early-stage companies focused on removing, utilizing, and managing carbon dioxide.


DivInc Houston launches inaugural Women in Tech Accelerator with title sponsor SheSpace
Published: 18-07-2022 | 12:32:00 | By: Pie Kamau
DivInc, the premier startup accelerator for people of color and women entrepreneurs, announced the launch of its first Women in Tech Accelerator made possible through Houston title sponsor, SheSpace.


917Ventures partners with AC Ventures to explore business opportunities, grow ecosystem in Philippines
Published: 18-07-2022 | 12:03:00 | By: Pie Kamau
917Ventures has partnered with AC Ventures, a subsidiary of Filipino conglomerate Ayala, to explore business opportunities and grow its ecosystem.


Canvas Medical achieves ONC certification, raises $24m to power clinicians and developers scaling digital health companies
Published: 18-07-2022 | 11:48:00 | By: Pie Kamau
Canvas Medical, the EMR that enables clinicians and developers to power the future of care delivery, raised $24 million in Series B funding led by M13 with participation from Haystack.


Insight Partners announces Enterprise Technology Exchange to drive unparalleled innovation within the enterprise software sector
Published: 18-07-2022 | 11:34:00 | By: Pie Kamau
Global software investor Insight Partners announced the establishment of its Enterprise Technology Exchange, a council of preeminent technology leaders in Europe and North America.


Stori becomes Mexico's newest Unicorn after raising $150m round of financing, valuing the startup at $1.2b
Published: 18-07-2022 | 11:10:00 | By: Pie Kamau
Stori, a fintech company offering credit card products to Mexico's underserved population, announced a $150 million round of financing, valuing the company at $1.2 billion, achieving a "Unicorn" status.


Why you should implement cryptocurrency payments into your e-Commerce website, Remuno
Published: 18-07-2022 | 10:53:00 | By: Pie Kamau
Crypto is one of the biggest aspects of modern finance and technology. For businesses, this revenue stream could provide major boosts to sales numbers, with crypto payments giving customers more freedom while also bringing benefits.


The African Business Roundtable Project Preparation Masterclass Free Webinar, July 27
Published: 15-07-2022 | 13:44:00 | By: Pie Kamau
After discussions with a variety of advisory and investment institutions, and to further attract investment to projects, the African Business Roundtable Secretariat in association with Afreximbank has designed the “Project Preparation Masterclass”.


Lithuanian startup Elinta Charge raises €7m to accelerate EV charging solutions
Published: 15-07-2022 | 13:34:00 | By: Pie Kamau
AVIA Capital and LitCapital have invested €7 million in Elinta Charge, a Lithuanian developer and manufacturer of electric vehicle (EV) charging solutions, to support R&D, development of new products and further international expansion in the fast-growing e-mobility market.


London-based soccer game startup CLUB closes $3.1m seed round for the first F2P and Play-and-Earn soccer ownership game
Published: 15-07-2022 | 13:11:00 | By: Pie Kamau
CLUB, the independent studio behind CLUB Game, the first free-to-play (F2P), play-and-earn soccer game that allows you to create and sell your own real-player soccer club, has secured its first major round of funding.


Flagstar Bank completes third MortgageTech Accelerator program
Published: 15-07-2022 | 12:44:00 | By: Pie Kamau
Flagstar Bank announced it has wrapped up its third MortgageTech Accelerator program - the first and only accelerator in the United States solely dedicated to mortgage technology.


YC-backed startup Bobidi raises $5.8m to build global bug bounty platform for AI models
Published: 15-07-2022 | 12:26:00 | By: Pie Kamau
Bobidi, an AI model test platform, announced it has raised $5.8 million in seed funding from Y Combinator, We Ventures, Hyundai Motors Group ZER01NE, Scrum Ventures, NPE, Meta, Lotte Ventures, Atlas Pac Capital, and angel investors.


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.


Mixed bag for U.S. startup ecosystem as market outlook remains uncertain - PitchBook, NVCA report
Published: 15-07-2022 | 12:02:00 | By: Pie Kamau
Despite an uncertain macroeconomic environment, US venture capital (VC) deal activity in the first half of 2022 was strong, according to the Q2 2022 PitchBook-NVCA Venture Monitor.


Israeli tech startup AI21 Labs raises $64m to change the way people read and write using artificial intelligence
Published: 13-07-2022 | 16:42:00 | By: Pie Kamau
AI21 Labs, an Israeli startup aiming to fundamentally change the way people read and write, announced the completion of its $64 million series B funding round, bringing the company's valuation to $664 million.


Microlearning startup Arist raises $12m to reimagine workplace learning for a new generation
Published: 13-07-2022 | 16:28:00 | By: Pie Kamau
Arist announced that it has raised $12 million in a Series A funding round led by pioneering growth-stage business software investor PeakSpan Capital, accompanied by Rainfall Ventures.


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.


Ukrainian and Dutch-based startup Cloudprinter.com raises €7m seed funding to grow its global print API platform
Published: 13-07-2022 | 16:05:00 | By: Pie Kamau
Cloudprinter.com, the Ukrainian and Dutch-based global print API platform raised €7 missed in a seed round led by Capital Mills.


Online energy marketplace VECKTA closes $3.3m seed round to accelerate growth
Published: 12-07-2022 | 16:25:00 | By: Pie Kamau
VECKTA, the online energy marketplace that connects commercial and industrial energy users with capital, services, and equipment suppliers, announced it has closed a $3.3 million institutional seed round.


Magic Eden launches Magic Ventures to focus on Web3 gaming investments
Published: 12-07-2022 | 16:11:11 | By: Pie Kamau
Magic Eden, the destination for NFTs, announced the launch of Magic Ventures, a venture arm that will focus on investing in Web3 games.


Healthtech startup Arise raises over $4m to build inclusive eating disorder treatment and mental health support
Published: 12-07-2022 | 15:58:00 | By: Pie Kamau
Arise, the digital healthcare company enabling comprehensive care for eating disorders, mental health, and long-term healing, has launched after raising over $4 million in a seed funding round.


Carbon to Value Initiative announces year two startup cohort for carbontech accelerator program
Published: 12-07-2022 | 15:40:00 | By: Pie Kamau
The Carbon to Value Initiative (C2V Initiative), has selected eight startups for the second year of its carbontech accelerator program in partnership with Fluor Corporation, the initiative's Year Two Cohort Champion.


Canadian biotech startup Spiderwort secures $13.2m financing to accelerate clinical trials of biomaterials
Published: 12-07-2022 | 15:19:00 | By: Pie Kamau
Spiderwort, the biotech company innovating in cellulose-based tissue scaffolding to treat acute spinal cord injuries, announced the successful completion of its $13.2 million Series A financing.


Cleantech startup Greener Process Systems develops modular system to capture maritime and industrial emissions
Published: 12-07-2022 | 15:05:00 | By: Pie Kamau
Greener Process Systems filed a series of patents that demonstrate their focus will expand to general industrial applications as well as further developments in CO2 capture, storage and re-utilization.


[Column] Patrick Ndegwa: Is 2022 the year for African startups?
Published: 11-07-2022 | 15:13:24 | By: Pie Kamau
Africa is the place to be if you want to discover and support new ideas. According to a Substack newsletter titled Africa: The Big Deal, the continent was the recipient of startup deals worth a combined $4.27 billion


Qiming Venture Partners closes $3.2b funds to back early and growth stage tech startups in China
Published: 11-07-2022 | 10:30:00 | By: Pie Kamau
China based venture capital firm Qiming Venture Partners announced the closing of $3.2 billion, including USD Fund VIII at $2.5 billion and the first closing of RMB Fund VII at $700 million.


Nigerian fintech startup CARMACHAIN hits over 80 million consumer profiles
Published: 11-07-2022 | 10:17:00 | By: Pie Kamau
Nigerian fintech startup CARMACHAIN announced it has hit over 80 million consumer profiles. This milestone is a major move for CARMACHAIN as it takes another step forward in realising its mission of decentralising data.


Quantitative investment firm Hidden Road raises $50m to accelerate access to traditional and digital markets
Published: 11-07-2022 | 10:08:00 | By: Pie Kamau
Hidden Road, the global credit network for institutional investors, announced the closing of $50 million Series A funding, led by Castle Island Ventures,


Automotive B2B marketplace APFusion raises $6.5m in series seed financing to expand its platform
Published: 11-07-2022 | 09:57:00 | By: Pie Kamau
APFusion, the automotive B2B marketplace and SaaS company focused on modernizing the auto salvage industry, secured $6.5 million in series seed financing bringing the company's total financing to $7 million.


Blockchain security startup BlockSec closes $8m funding round to accelerate growth
Published: 11-07-2022 | 09:39:00 | By: Pie Kamau
Blockchain security startup BlockSec announced the completion of $8 million seed plus round of funding, to expand its research and production team and provide the on-chain monitoring and attack interception capability.


Kenyan healthtech startup AfyaRekod launches Universal Patient Portal for worldwide health data mobility management
Published: 11-07-2022 | 09:21:00 | By: Pie Kamau
Kenyan-based AfyaRekod launched the fully automated Universal Patient Portal – a block-chain driven technology that will transform the face of patient care across Africa and the World.


London-based fintech startup Griffin raises $15m to become the bank fintechs can build on
Published: 08-07-2022 | 13:14:00 | By: Pie Kamau
Griffin, a Banking as a Service (BaaS) fintech firm, announced it has raised $15.5 million funding to launch the OS for embedded finance.


Sabre joins Plug and Play as travel and hospitality partner
Published: 08-07-2022 | 12:27:00 | By: Pie Kamau
Sabre Corporation, a software and technology company powering the global travel industry, announced its partnership with Plug and Play's Travel and Hospitality program headquartered in the heart of Silicon Valley.


Medical Solutions acquires healthcare staffing tech startup Matchwell
Published: 08-07-2022 | 12:12:00 | By: Pie Kamau
Matchwell, the healthcare staffing solution built for today's flexible workforce, announced it has been acquired by Medical Solutions, one of the nation's largest providers of total workforce solutions serving the healthcare industry.


Israeli biotech food colorant startup Phytolon closes $14.5m funding to accelerate growth
Published: 08-07-2022 | 11:36:00 | By: Pie Kamau
Phytolon, the developer of fermentation-based natural food colors, announced it has secured $14.5 million Series A funding, led by DSM Venturing, to further progress its technology towards commercialization.


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.


ING Ventures invests in OpenFin to accelerate growth across the financial industry
Published: 06-07-2022 | 13:54:23 | By: Pie Kamau
OpenFin, the operating system (OS) of enterprise productivity, announced it has secured a strategic investment from ING Ventures, the venture capital arm of ING.


Simplifyber secures $3.5m seed investment to reinvent how clothing is made with sustainable, advanced Manufacturing
Published: 06-07-2022 | 13:40:00 | By: Pie Kamau
Simplifyber, the creator of the world's first fully-molded garment and shoe uppers made directly from a cellulose-based liquid, announced the closing of a $3.5 million round of seed funding.


Verification platform ComplyCube expands startup assistance program to $50,000
Published: 06-07-2022 | 13:26:00 | By: Pie Kamau
Verification platform ComplyCube, has increased startup assistance to $50,000. The Startup Program supports qualifying businesses with free checks, resources, and consultancy.


Crescent fintech raises $5m pre-seed round, launches platform to help companies improve cash management
Published: 06-07-2022 | 13:09:00 | By: Pie Kamau
Crescent, a fintech best known for crypto-backed high yields, announced it has raised $5 million pre-seed round from strategic angels and tech founders.


Israeli fintech and capital markets startup Deshe Analytics raises $6.5m funding to expand to international markets
Published: 06-07-2022 | 12:08:00 | By: Pie Kamau
Israeli fintech and capital markets startup Deshe Analytics announced a $6.5 million seed funding round led by Group 11.


African fintech Flutterwave appoints Gurbhej Dhillon as new CTO
Published: 06-07-2022 | 11:51:00 | By: Pie Kamau
Flutterwave, Africa’s payments technology company, announced the appointment of former Goldman Sachs’ Managing Director, Gurbhej Dhillon as Chief Technology Officer (CTO).


Nigerian fintech startup Mono launches in Kenya
Published: 06-07-2022 | 11:43:00 | By: Pie Kamau
Mono, a Nigerian fintech startup that builds open banking infrastructure to enable access to customer financial data and bank payments for digital businesses in Africa, announced it has expanded its services to Kenya.


Climentum Capital raises €150m to invest in European early-stage tech startups attacking CO2 emissions
Published: 05-07-2022 | 15:34:00 | By: Pie Kamau
Climentum Capital announced it has raised €150 million for investments into European early-stage tech companies attacking CO2 emissions.


Nemetschek invests in UK-based startup SymTerra to drive digitalization in the construction industry
Published: 05-07-2022 | 15:04:00 | By: Pie Kamau
The Nemetschek Group, one of the software providers for the AEC/O and media & entertainment industries, announced to have invested in the UK-based startup SymTerra, a construction site communications platform.


Neomoon digital bank raises $850k in first seed capital investment round
Published: 05-07-2022 | 14:39:00 | By: Pie Kamau
Neomoon, the digital bank based on stablecoin which offers Latin Americans financial solutions to protect their money from devaluation and facilitate daily transactions, announced the closing of $850k first seed capital investment round.


London-based startup growth agency Tailored Brands rebrands to Ventuure to scale Series A and B startups
Published: 05-07-2022 | 14:30:00 | By: Pie Kamau
Startup growth agency Tailored Brands announced it is rebranding to become Ventuure, to evolve its mission to support Series A and B startups.


Dutch-based startup Backbase raises €120m in growth equity funding
Published: 05-07-2022 | 14:04:00 | By: Pie Kamau
Backbase, creator of the category-leading Engagement Banking platform, raised €120 million in growth equity funding from Motive Partners.


French space-tech startup Leanspace raises €6m to digitalize the space industry via the cloud
Published: 04-07-2022 | 16:26:00 | By: Pie Kamau
Leanspace, the company building the digital infrastructure of the space industry, announced the closing of an oversubscribed seed financing round of €6 million.


London-based invoice intelligence platform Xelix completes $5m Series A funding to accelerate growth
Published: 04-07-2022 | 15:57:00 | By: Pie Kamau
Invoice intelligence platform Xelix announced it has successfully completed the Series A funding round, raising $5 million.


Peterson Ventures raises $140m across Fund IV and Opportunity Fund I to double down on its core strategy
Published: 04-07-2022 | 15:01:00 | By: Pie Kamau
Peterson Ventures, a pre-Series A venture firm that invests across SaaS and digital commerce, announced that it has raised over $140 million in new capital for its Fund IV and Opportunity Fund I.


Bodybuilding.com partners with Retail Ecommerce Ventures to accelerate growth
Published: 04-07-2022 | 14:45:00 | By: Pie Kamau
Bodybuilding.com, the online fitness store, has struck a deal to partner with Retail Ecommerce Ventures (REV), a global leader in e-Commerce with a rapidly growing roster of well-known brands, to accelerate growth.


Entertainment tech startup Virtuosica launches for select artists and U.S. audiences
Published: 04-07-2022 | 13:31:00 | By: Pie Kamau
Entertainment tech startup Virtuosica has launched the beta version of its first product, the Virtuosica virtual concert platform.


Telehealth startup Ria Health secures $18m Series A to scale online alcohol use disorder treatment
Published: 01-07-2022 | 15:20:00 | By: Pie Kamau
Ria Health, a telehealth provider specializing in alcohol use disorder (AUD) treatment, announced the closing of $18 million in Series A funding


Telegraph Hill Partners raises $525m fifth fund for new life science and healthcare investments
Published: 01-07-2022 | 14:55:00 | By: Pie Kamau
Telegraph Hill Partners (THP), a venture capital and growth equity firm dedicated to building life science and healthcare technology businesses, announced it has closed on THP V, a new $525 million investment fund.


BII invests $20m in African mobility fintech Moove to strengthen the informal transport industry
Published: 01-07-2022 | 14:30:00 | By: Pie Kamau
The British International Investment (BII), the UK government’s Development Finance Institution (DFI), announced a $20 million, 4-year structured credit investment in Moove, a mobility fintech democratising access to vehicle ownership in Africa.


Lummus announces successful startup of CATOFIN PDH unit in China
Published: 01-07-2022 | 14:21:00 | By: Pie Kamau
Lummus Technology announced the commissioning and startup of a propane dehydrogenation (PDH) unit at Shandong Ruize Chemical Technology's complex in China.


Zing Data raises $2.4m to bring business intelligence to mobile
Published: 01-07-2022 | 14:03:00 | By: Pie Kamau
Zing Data, a collaborative business intelligence and visualization startup, announced it has raised $2.4 million, led by Kindred Ventures, Correlation Ventures and early backers of Amplitude and Robinhood.


MaC Venture Capital closes out $5.6m seed round of African startup AMP Global with $2m investment
Published: 30-05-2022 | 12:04:00 | By: Pie Kamau
MaC Venture Capital, an LA-based seed-stage VC that invests in visionary founders, closed out the $5.6 million Seed round of African startup AMP Global Technologies, with a healthy $2 million investment.


Athletes, artists digital platform Vaunt raises $5m Series A funding to accelerate growth
Published: 26-04-2022 | 12:38:00 | By: Pie Kamau
Vaunt, a platform for athletes and artists to monetize their talents and stream globally for live and digital viewers, announced a $5 million Series A funding round to elevate the brand and potential of the business to the next level.


AI-powered video commerce startup Vyrill raises $3m seed round to accelerate growth
Published: 31-03-2022 | 11:03:00 | By: Pie Kamau
VYRILL, a startup that enables video commerce with new, innovative 'in-video' search technology, announced the closing of a $3 million seed round of funding led by Noemis Ventures and Lightship Capital.


Egyptian e-Sport startup Eksab raises $3m seed funding to scale its fantasy football platform
Published: 30-03-2022 | 10:41:00 | By: Pie Kamau
Cairo-headquartered e-Sport startup has raised $3 million seed funding round, bringing the company’s total investment to date to $3.7 million.


Netflix acquires Finnish mobile game developer Next Games for €65m
Published: 02-03-2022 | 14:06:00 | By: Pie Kamau
Netflix announced it has entered into a combination agreement to acquire Finnish mobile game developer, Next Games. Under the terms of the agreement, Netflix will commence a tender offer process to acquire all of the issued and outstanding shares of Next Games.


Japanese powerhouses mixi and DAZN partner to create a sports NFT marketplace on Flow
Published: 07-02-2022 | 12:04:00 | By: Pie Kamau
Media powerhouse mixi, Inc. and global sports streaming service DAZN Japan Investment GK today announced that DAZN MOMENTS, a sports NFT marketplace, will launch on Flow, a Web3 platform designed for consumer-friendly applications.


Goldman Sachs Asset Management leads $227m investment in live-entertainment tech startup Fever
Published: 27-01-2022 | 11:33:00 | By: Pie Kamau
Fever, the live-entertainment discovery platform, has raised $227m in a round led by the Growth Equity business within Goldman Sachs Asset Management.


Creative tech startup DOOMSDAYX raises $1.5m pre-seed round to turn music fans into producers
Published: 20-01-2022 | 10:29:00 | By: Pie Kamau
DOOMSDAYX announced its pre-seed round of $1.5 million along with a unique NFT project in partnership with artist and web3 pioneer Haleek Maul.


Singapore-based FTAG Ventures invests over S$10m in BeLive and other livestreaming companies
Published: 19-01-2022 | 12:03:00 | By: Pie Kamau
FTAG Ventures raised its total investments in Southeast Asia's livestreaming solutions leader BeLive Technology to S$9.3 million, which will aid BeLive in its global expansion.


TV-for-business startup Atmosphere raises $100 million in funding to grow its customer footprint
Published: 06-01-2022 | 12:42:00 | By: Bob Koigi
Atmosphere’s announcement comes as the company doubled its customer footprint over the past year, streaming more than 250,000 hours per day in aggregate and reaching more than 20 million unique viewers each month.


MENA’s media & entertainment startup Minly acquires Dubai’s celebrity shoutout platform Oulo
Published: 08-12-2021 | 13:10:00 | By: Pie Kamau
Minly, the MENA region’s media & entertainment startup, announced the acquisition of Oulo, a Dubai-based celebrity shoutout platform focused on the Levant region.


Chinese gaming and entertainment startup Talon closes $5m Series A funding to accelerate growth
Published: 25-11-2021 | 12:31:00 | By: Pie Kamau
Talon, the Hong Kong headquartered competitive gaming, entertainment and culture brand announced it has secured $5 million in equity capital in its Series A financing round.


PGA TOUR and WWE Join the Comcast NBCUniversal SportsTech Accelerator as advisors to its upcoming class of rising startups
Published: 09-11-2021 | 17:15:59 | By: Bob Koigi
Comcast NBCUniversal has announced that PGA TOUR and WWE® have joined the Comcast NBCUniversal SportsTech Accelerator, powered by Boomtown, as advisors when it commences its second cohort of startups in February 2022.


Paris-based music experience startup Stage11 raises €5m seed round to reimagine music for the metaverse
Published: 15-10-2021 | 12:29:00 | By: Pie Kamau
Immersive music experience startup Stage11 announced it has raised a €5 million euro seed round led by Otium Capital, a European venture capital fund, backed up by founder and CEO, Jonathan Belolo.


UK-based music distribution startup Blarecast Systems closes seed round to harness the power of BSV blockchain
Published: 01-10-2021 | 11:20:00 | By: Pie Kamau
Blarecast Systems, the UK-based startup aiming to provide an elegant and equitable solution for the music industry with BSV blockchain technology, has closed a seed funding round.


Fantasy football startup Sorare raises $680m Series B to create next sports entertainment giant leveraging NFTs
Published: 21-09-2021 | 08:59:00 | By: Pie Kamau
Sorare, the fantasy football platform, announced it has raised $680 million in Series B financing led by Softbank, with participation from Atomico, Bessemer Ventures, D1 Capital, Eurazeo, IVP and Liontree.


[Startup Interview] Marsha Goei, Co-Founder, Breeze, Netherlands
Published: 03-09-2021 | 13:35:00 | By: Bob Koigi
Breeze is a Dutch-based startup that seeks to make online dating revolve around offline encounters again. It embraces technology to enhance human connection instead of replacing it.


Sharp Alpha Advisors announces sports betting startup pitch competition in partnership with Sportradar
Published: 01-09-2021 | 13:50:00 | By: Pie Kamau
Sharp Alpha Advisors, a firm specializing in early-stage sports betting technology, and Sportradar, a global provider of sports betting and sports entertainment products and services, have partnered to announce a sports betting startup pitch competition.


Videogame startup Nifty Games raises $38m capital to redefine mobile sports games
Published: 01-09-2021 | 13:32:00 | By: Pie Kamau
Nifty Games, a videogame developer and publisher focused on quick-session, head-to-head sports games for mobile, raised $26 million in a Series B round of equity funding led by Vulcan Capital. In addition, the company has secured $12 million in connected debt financing.


Launch House announces $3 million in seed funding to create a community of founders and creators
Published: 25-08-2021 | 13:14:40 | By: Bob Koigi
Through in-person and online programs, individuals refine their skills, form lifelong relationships, and build category-defining startups as a cohesive community.


Hybrid gaming startup and broadcaster Live Play Mobile launches 24-hour-a-day live-hosted social casino game
Published: 19-08-2021 | 12:35:00 | By: Pie Kamau
Live Play Mobile, a new social gaming platform developer that combines live TV formats with mobile games, has become the first publisher to launch a 24-hour-a-day, live-hosted social casino game with its debut title, Live Play Bingo.


Startup venture AvenueAR launches first global music delivery platform
Published: 19-08-2021 | 12:04:00 | By: Pie Kamau
Startup music venture AvenueAR announced the launch of its digital music, a delivery platform where independent artists will have the unique opportunity to submit their music material directly to industry professionals.


Audent Global Asset Management leads $11.7m investment round for tech startup Ryff
Published: 04-08-2021 | 11:50:00 | By: Pie Kamau
Audent Global Asset Management, a full-service investment boutique providing global investment solutions, is leading the next round of financing for Ryff, a technology startup that is poised to disrupt the world of visual advertising radically and permanently.


Tech startup OneStream TV launches free streaming aggregator to battle streaming fatigue
Published: 30-07-2021 | 15:55:13 | By: Pie Kamau
Tech startup OneStream TV has launched a super streaming aggregator to allow consumers who are tired of paying for too many streaming services to use a single platform to discover thousands of free movies and tv shows.


HYPE GVA 2.0 NFTs startup MyLads seals €7.6m investment round
Published: 29-07-2021 | 14:55:00 | By: Pie Kamau
HYPE Sports Innovation, GVA 2.0 NFTs startup, MyLads, a player in Augmented Reality (AR) Sports Fan Engagement, has closed a €7.6 million Seed Investment Round led by Riva Technology and Entertainment (RTE).


Music marketplace Breakr raises $4.2m seed round to meet the growing demand for creator monetization tools
Published: 21-07-2021 | 12:52:00 | By: Pie Kamau
Breakr, a fast growing music marketing platform announced it has raised $4.2 million in seed funding to meet the rapidly growing demand for creator monetization tools and digital music promotion solutions.


Kameo startup launches vaccine passport for the entertainment production industry
Published: 02-07-2021 | 13:00:00 | By: Pie Kamau
Kameo, the provider of flexible mobile COVID-19 testing services for the entertainment production industry, announced the launch of its vaccine passport, an additional feature on its digital platform.


Audiotech startup Chaos Audio revamps inventive guitar multi-effects platform
Published: 02-06-2021 | 15:07:00 | By: Pie Kamau
Student-led startup Chaos Audio returns to Kickstarter with a much-improved version of its next-generation multi-effects guitar pedal, Stratus.


The Batchery introduces next wave of innovative startups in Berkeley, California
Published: 06-05-2021 | 11:12:00 | By: Pie Kamau
The Batchery announced its 12th Demo Day featuring eleven early-stage startups from the Berkeley-based incubator's intensive Deep Dive program.


[Startup Interview] PJF Schmidt, Lucas Brosi, Marcus Luer, Urs Meier, Founders, Heroes AG, Switzerland
Published: 09-04-2021 | 17:31:00 | By: Bob Koigi
Heroes AG is a Swiss startup that has tapped into the underdeveloped fan merchandising sector through distribution of modern and trendy lifestyle products.


Social startup Doodeo allows users to book a DJ from anywhere in the world
Published: 17-03-2021 | 14:59:00 | By: Pie Kamau
Expanding on its successful platform of providing entertainers with the means to market themselves and find work online, Doodeo is launching a new livestreaming service.


Curio announces funding, NFT platform receives $1.2m in oversubscribed seed round to fuel expansion
Published: 08-03-2021 | 15:14:00 | By: Pie Kamau
Curio, the preferred platform for brands and content owners to create digital fan experiences and collectibles, announced the closing of $1.2 million in an oversubscribed seed round led by Future Perfect Ventures.


UNIQORN inks investment and incubation agreement with digital music startup EarthTones Media
Published: 19-02-2021 | 11:49:16 | By: Pie Kamau
France's rural incubator-accelerator, UNIQORN, announced it has finalized an agreement with EarthTones Media, an American technology startup in the digital music space.


Swiftarc Venture invests in music creation innovator, Artiphon
Published: 16-02-2021 | 11:02:00 | By: Pie Kamau
Swiftarc Venture Labs has completed an investment in Nashville-based Artiphon, a consumer electronics company pioneering the future of music creation.


Chinese iQIYI's VR startup completes Series B funding to drive innovation, expand content ecosystem
Published: 06-01-2021 | 13:27:00 | By: Pie Kamau
iQIYI Inc., an innovative market-leading online entertainment service in China, announced it has recently completed a multi-hundred million RMB Series B funding round for its virtual reality (VR) division iQIYI Intelligent.


Cross-platform Mod and UGС service mod.io raises $4m led by Makers Fund and Sequoia's Surge
Published: 08-12-2020 | 14:12:00 | By: Pie Kamau
Makers Fund, a global venture capital fund specializing in interactive entertainment, announced a $4 million seed round for mod.io, a cross-platform UGC and modding service based in Melbourne, Australia.