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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3783899 | 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.


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.


Agroforestry startup Propagate raises $10m Series A funding to accelerate growth
Published: 30-11-2022 | 13:02:00 | By: Pie Kamau
Propagate, a commercial agroforestry platform, has closed a $10 million Series A led by Belgium-based The Nest.


Chinese web3 startup Viide shows ambition to leverage advertising through Decentralized Screen Network
Published: 30-11-2022 | 12:47:00 | By: Pie Kamau
Viide, a web3 startup has shown its ambition to leverage the value of web3 advertising in China through its Decentralized Screen Network.


Second Century Ventures expands REACH program to Latin America, opens applications for 2023 program
Published: 30-11-2022 | 12:22:00 | By: Pie Kamau
Second Century Ventures, the strategic investment arm of the National Association of Realtors, announced the expansion of the award-winning REACH technology growth program to Latin America.


Kenyan fintech startup Hisa unveils realtime stocks trading
Published: 30-11-2022 | 11:55:00 | By: Pie Kamau
Fintech startup Hisa has launched an application that allows Kenyans to invest in the stock market directly from their phones using mobile money.


Nigerian fintech startup Pivo raises $2m seed round to accelerate growth
Published: 30-11-2022 | 11:45:00 | By: Pie Kamau
Nigerian fintech startup Pivo, announced the closing of $2 million seed round with participation from Precursor Ventures, Vested World, Y Combinator, FoundersX and existing investor, Mercy Corp Ventures.


Cyndx launches Valer to generate faster and more accurate startup valuations
Published: 29-11-2022 | 14:42:14 | By: Pie Kamau
Cyndx, an AI-powered search and discovery engine built to simplify deal origination, has announced the launch of Valer, the company's new corporate valuation tool.


[ Lithuanian Unicorns] An insatiable hunger to prove their talent drives Lithuanian startups' growth
Published: 29-11-2022 | 14:34:00 | By: Pie Kamau
Smashing its records year by year, Lithuania's startup ecosystem has proved that there're no limits to growth. According to Dealroom.co, over the last five years, it has accelerated 16.6 times and is now valued at €10 billion.


Israeli foodtech startup ChickP raises dairy-free ice cream to new heights
Published: 29-11-2022 | 14:20:00 | By: Pie Kamau
ChickP Protein, a food-tech startup, has introduced chickpea protein isolate for plant-based ice cream. Protein from this ancient crop zeroes in on the non-dairy category to make a tasty plant-based frozen dessert.


Speech AI startup Deepgram completes $47m Series B round to define the future of speech understanding
Published: 29-11-2022 | 14:10:00 | By: Pie Kamau
Speech AI startup Deepgram announced it has raised $47 million in equity funding led by Madrona, with Alkeon participating as a new investor, to define the future of speech understanding.


Canadian SaaS startup Produce8 closes $6m investment to accelerate growth in the future of workforce analytics
Published: 29-11-2022 | 13:58:00 | By: Pie Kamau
Produce8, a startup SaaS company aiming to reduce distractions and increase productivity for distributed and digital-first teams, announced $6 million in funding to support strategic growth.


Belgian coliving startup Cohabs joins forces with real estate investors to accelerate growth
Published: 28-11-2022 | 11:06:00 | By: Pie Kamau
Cohabs, a Brussels-based company specializing in coliving, announced the entry into its capital of three new institutional investors: Ivanhoé Cambridge, Belfius Insurance, and the real estate arm of the Belgian Sovereign Fund (SFPIM - Real Estate).


Medical device startup Nyra Medical closes $20m Series A financing for its transcatheter heart valve repair technology
Published: 28-11-2022 | 10:47:00 | By: Pie Kamau
Nyra Medical, a medical device company that is developing a novel transcatheter mitral valve repair technology, announced the closing of a $20 million Series A financing.


Heidelberg-based FundaMental Pharma launches with €10m seed financing to advance a First-in-Class neuroprotectant
Published: 28-11-2022 | 10:38:00 | By: Pie Kamau
FundaMental Pharma (FundaMental), a preclinical neuroscience company spun out of Heidelberg University, announced it has launched with €10 million in seed financing led by BioGeneration Ventures (BGV).


eureKARE co-leads €5m seed investment in Biomemory which is advancing cutting-edge DNA-based data storage solutions
Published: 28-11-2022 | 10:13:00 | By: Pie Kamau
eureKARE, an innovative investment company for disruptive synthetic biology applications, announced it has co-led a €5 million seed funding round in Biomemory.


MyMonty calls to all banks, MNOs and startups: the time for digitization is now!
Published: 28-11-2022 | 09:33:00 | By: Pie Kamau
In 1998, Mountasser Hachem founded Monty Holding, which has since become a giant in the telco sector, achieving unprecedented global penetration.


New Adevinta Ventures report reveals that B2B Marketplaces outperform other tech segments in VC funding
Published: 25-11-2022 | 09:19:00 | By: Pie Kamau
Adevinta Ventures, the early-stage investment arm of Adevinta, an online classifieds specialist, is launching a new B2B marketplaces report.


Insurtech startup Surround Insurance raises $2.5m seed round to help cconsumers navigate life’s transitions
Published: 25-11-2022 | 08:59:00 | By: Pie Kamau
Insurtech startup Surround Insurance announced that it has closed a $2.5 million seed round led by MassMutual through the MM Catalyst Fund.


Global startups accelerator Luminate partners with Silicon Catalyst to speed development of emerging technologies
Published: 25-11-2022 | 08:39:00 | By: Pie Kamau
Luminate NY, the global accelerator for startups developing optics, photonics, and imaging (OPI) enabled technologies, announced it has formed a strategic partnership with Silicon Catalyst.


Berlin-based AI-powered startup Faircado raises €500K to transform E-commerce into Re-commerce
Published: 25-11-2022 | 08:23:00 | By: Pie Kamau
Faircado, a Berlin-based startup that provides the first AI-powered second-hand shopping assistance, announced it has raised €500,000 in a pre-seed round led by BackBone Ventures.


Check Point Software launches accelerator hub for Israeli cybersecurity startups
Published: 25-11-2022 | 08:05:00 | By: Pie Kamau
Check Point Software Technologies, the provider of cybersecurity solutions globally, has launched its CyberUp program, an initiative that will support Israel’s growing network of cybersecurity startups.


Tanzanian CPG startup Ramani raises $32m to digitize supply chains
Published: 24-11-2022 | 09:40:00 | By: Pie Kamau
Ramani, a Tanzanian startup focused on consumer-packaged goods (CPG) supply chains,  has raised $32 million in Series A debt-equity funding to introduce new financial services as it expands its operations.


MadKudu platform secures $18m to accelerate adoption of product-led growth
Published: 24-11-2022 | 09:02:00 | By: Pie Kamau
MadKudu, the Product-Led-Growth (PLG) leader disrupting the software industry, announced today its $18 million Series A led by Felicis.


Rosotics raises $750,000 pre-seed round for novel approach to heavy industry 3D printing
Published: 24-11-2022 | 08:49:00 | By: Pie Kamau
Rosotics, innovators in additive manufacturing, announced $750,000 in pre-seed funding led by Draper Associates.


Beverage startup Hangobi raises capital on StartEngine to accelerate growth
Published: 24-11-2022 | 08:35:23 | By: Pie Kamau
Beverage startup Hangobi announced it is raising capital on SearchEngine to expand its footprint beyond NYC,  bringing its healthy drinks to the masses.


[Startup Interview] Assim Gupta, CEO, Closeloop Technologies, USA
Published: 24-11-2022 | 08:05:59 | By: Bob Koigi
Among the solutions it offers include website development, chatbots, ecommerce apps and mobile app development.


London-based workforce management startup Surfboard raises $5m seed round to accelerate growth
Published: 23-11-2022 | 11:40:00 | By: Pie Kamau
London-based startup Surfboard announced it has raised a $5 million seed round. The investment will advance Surfboard's mission of making work more human through building collaborative software.


[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


[Interview] Jennifer Feaster, Speaker, YouTube Creators Festival
Published: 23-11-2022 | 10:07:00 | By: Bob Koigi
Jennifer Feaster is a Managing Partner at Age Africa, an agency that combines data and creativity to develop performance driven YouTube channels, with unique content optimized for success.


Rutgers MBA alumna Hannah Redmond realizes dream of being an entrepreneur as venture takes off
Published: 23-11-2022 | 09:58:05 | By: Pie Kamau
Hannah Redmond kept retrieving lessons from her MBA classes at Rutgers Business School as she built her startup, Happy Box, from an idea to a ranking on Inc.'s list of fastest-growing companies.


Kenyan supply chain and logistics startup Leta secures $3m pre-seed funding to accelerate growth
Published: 23-11-2022 | 09:21:00 | By: Pie Kamau
Leta, the supply chain and logistics startup driving distribution optimization, announced the close of  $3 million Pre-Seed equity round.


Mental health-tech startup Resilience Lab raises $15m to address the U.S. systemic mental health access crisis
Published: 22-11-2022 | 11:55:00 | By: Pie Kamau
Resilience Lab, a mental health-tech company enabling communities of clinicians to collaborate to improve patient access and outcomes, announced it has raised $15 million in Series A funding.


Swiss Web3 payment startup DePay partners with WooCommerce to bring payments to online merchants
Published: 22-11-2022 | 11:34:00 | By: Pie Kamau
Swiss Web3 payment startup DePay, announced it is joining forces with the self-hostable, open-source eCommerce plugin WooCommerce, pushing decentralization further and providing merchants with the ability to have customers send payments directly to their own wallets.


Canadian B2B automotive trading startup TRADE X opens a trade route in Ghana
Published: 22-11-2022 | 11:11:00 | By: Pie Kamau
TRADE X, a B2B cross-border automotive trading platform with its headquarters in Ontario, Canada, announced it has opened a new trade route in Ghana, strengthening the company's presence in Africa.


Kenyan agritech startup Stable Foods raises $600k funding to grow its climate smart smallholder platform
Published: 22-11-2022 | 10:33:00 | By: Pie Kamau
Stable Foods, a Kenyan agritech startup offering a host of solutions to small-scale farmers, has raised $600k funding round, to build out its climate smart smallholder food production platform.


Modus expands to Sub-Saharan Africa with launch of $75m Africa-focused fund
Published: 22-11-2022 | 10:11:00 | By: Pie Kamau
Modus, a Venture Platform operating in MENA comprising VC funds, Venture Builders, and a Corporate Innovation arm, has announced the launch of Modus Africa – a $75 million SDG-focused VC fund that will invest in Africa’s boldest startups.


IBM announces five members selected for its Sustainability Accelerator programme
Published: 22-11-2022 | 10:04:00 | By: Pie Kamau
IBM has announced five global non-profits as new members of the Sustainability Accelerator programme. The programme is a global pro bono social impact program which seeks to help marginalized communities.


London-based Vektor AI raises $2.5m pre-seed round to democratize tech talent’s access to professional career advice
Published: 21-11-2022 | 10:05:00 | By: Pie Kamau
Vektor AI, an online platform for one-to-one mentorship and professional career enhancement, announced it has raised a pre-seed round of $2.5 million led by leading early-stage European VC firms.


Big data startup OneSchema raises $6.3m funding round to make ingesting CSV data magical for developers
Published: 21-11-2022 | 09:38:00 | By: Pie Kamau
Big data startup OneSchema announced a $6.3 million funding round led by General Catalyst, with participation from Sequoia Capital, Y Combinator, Elad Gil and Contrary Capital.


Paris-based sustainable deep tech startup FAIRMAT completes €34m Series A round
Published: 21-11-2022 | 09:12:00 | By: Pie Kamau
Fairmat, the Paris-based sustainable deep tech startup pioneering the recycling of advanced materials, announced it has completed its Series A funding round at a total of €34 million.


Silicon Catalyst names EXOKĒRYX as newest portfolio company admitted to the incubator
Published: 21-11-2022 | 08:44:00 | By: Pie Kamau
Silicon Catalyst, the world's only incubator focused exclusively on accelerating semiconductor solutions, announced that EXOKĒRYX has been accepted into the Silicon Catalyst Incubator program.


Pathway Homes partners with social impact technology startup Savi to address student loan debt
Published: 21-11-2022 | 08:34:00 | By: Pie Kamau
Pathway Homes (Pathway), a real estate platform with a mission to create more homeowners, announced it is partnering with impact tech company Savi to offer a tool to help Pathway customers manage their debt burden.


Austrian deep-tech startup Sarcura closes €7m to develop next-generation cell therapy manufacturing platform
Published: 18-11-2022 | 11:53:00 | By: Pie Kamau
Austrian deep-tech startup Sarcura announced the closing of an oversubscribed €7 million Seed Plus funding round to develop a next-generation cell therapy manufacturing platform.


Montreal-based BoostSecurity exits stealth with $12m seed funding to secure the software supply chain
Published: 18-11-2022 | 10:58:00 | By: Pie Kamau
BoostSecurity, the developer-first, zero friction DevSecOps automation platform that builds trust into every step of the software supply chain, has emerged from stealth with $12 million in seed funding.


Silicon Valley startup ArmorCode secures $14m Series A investment to scale AppSecOps platform
Published: 18-11-2022 | 10:40:00 | By: Pie Kamau
ArmorCode, the pioneer in AppSecOps, announced it secured a $14 million Series A investment led by Ballistic Ventures, the venture capital firm solely focused on backing cybersecurity startups.


Milken Institute and Motsepe Foundation announce $2m prize competition in green energy
Published: 18-11-2022 | 10:26:00 | By: Pie Kamau
The Milken Institute and the Motsepe Foundation, launched the Milken-Motsepe Prize in Green Energy, a $2 million prize competition to reward entrepreneurs and innovators.


SE Ventures announces €500m Fund II to accelerate climate and industrial tech startups
Published: 18-11-2022 | 09:57:00 | By: Pie Kamau
SE Ventures announced a €500 million Fund II establishing the firm as one of the largest VCs focusing on climate and industrial technology.


[Startup Interview] Ganesh Verma, Founder, MoogleLabs, Canada
Published: 18-11-2022 | 09:31:39 | By: Bob Koigi
MoogleLabs is a Canadian startup that leverages emerging technologies like artificial intelligence, machine learning, Blockchain, DevOps, and Metaverse to come up with innovative solutions that help companies become more cost-effective.


[Startup Interview] Neeraj Gupta, Founder, Salonist, Singapore
Published: 18-11-2022 | 09:31:13 | By: Bob Koigi
Neeraj Gupta the founder of Singapore-based startup Salonist explains the inspiration behind setting up the business.


GhanaWeb, Age Africa Agency sponsor YouTube Creators Festival in Ghana
Published: 17-11-2022 | 06:50:00 | By: Pie Kamau
Ghana’s leading online media platform, GhanaWeb, and Age Africa Agency, the foremost YouTube agency with a Multi-Channel Network (MCN) in Africa, are co-sponsoring the second edition of the YouTube Creators Festival.


Belgian health monitoring startup IntelliProve raises €1m to accelerate growth
Published: 16-11-2022 | 11:20:00 | By: Pie Kamau
Belgian health monitoring startup IntelliProve, announced receiving €1 million in investment from The White and Yellow Cross (Dutch: Wit-Gele Kruis), VLAIO, imec.istart Fund and other private investors to fund its market expansion and product development.


Healthtech startup Weo launches smart bottle that amplifies water's health benefits via electrolysis
Published: 16-11-2022 | 11:05:00 | By: Pie Kamau
Weo, a healthtech startup using biotechnology to alter water at the molecular level, announced its official launch of the Weo Bottle, the first-ever portable water bottle that uses electrolysis to enhance the water you drink with the touch of a button.


Healthtech company CardieX acquires wearable sensor startup Blumio
Published: 16-11-2022 | 10:52:00 | By: Pie Kamau
CardieX , a global health technology company focused on cardiovascular disease, today announced that it has acquired all the assets of Blumio, a Silicon Valley based developer of advanced algorithms and technology for cardiovascular sensors.


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.


Demand for seamless, convenient way of shopping increase growth of e-Commerce in Africa
Published: 16-11-2022 | 10:14:00 | By: Pie Kamau
The electronic commerce (e-Commerce) transaction of goods and services between business-to-consumer (B2C), business-to-business (B2B), consumer-to-consumer, and consumer-to-business, has become rampant in this digital age.


Mobility startup BasiGo secures $6.6m funding to accelerate electric bus uptake in Kenya
Published: 16-11-2022 | 10:06:00 | By: Pie Kamau
BasiGo, the first company to introduce electric buses into Kenya, has announced $6.6 million in new funding led by Mobility54.


Global innovation platform Plug and Play to launch crypto and digital assets innovation platform
Published: 16-11-2022 | 10:02:00 | By: Pie Kamau
Global innovation platform Plug and Play, together with founding partners Visa, AllianceBlock, The INX Digital Company, IGT, and Franklin Templeton, has announced the launch of their new Crypto and Digital Assets program.


European software investment firm Round2 Capital completes first closing of €100m software lending fund
Published: 15-11-2022 | 11:09:00 | By: Pie Kamau
European software investment firm Round2 Capital has completed the first close of its second software lending fund with €62 million, expanding its total assets-under-management to €115 million.


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.


Full-service marketing agency Suite Innovators launches to drive exponential growth for health and wellness tech startups
Published: 15-11-2022 | 10:37:00 | By: Pie Kamau
Suite Innovators announced the launch of its boutique marketing agency dedicated to driving unprecedented levels of growth and acclaim for health, wellness, and fitness technology startups.


Burns & Levinson names Robert Chow as Co-Chair of Venture Capital and Emerging Companies Group
Published: 15-11-2022 | 10:07:00 | By: Pie Kamau
Burns & Levinson announced that partner Robert Chow has been named Co-Chair of the firm's Venture Capital & Emerging Companies Group.


Singapore-based VentureBlick launches global search for healthcare startups
Published: 15-11-2022 | 09:53:00 | By: Pie Kamau
VentureBlick, a fundraising platform matching healthcare startups with medical investors, has launched its worldwide search to identify promising healthcare startups for the medical community to evaluate, advise, and fund.


Katapult launches startup accelerator in Kigali, Rwanda
Published: 14-11-2022 | 17:05:00 | By: Pie Kamau
Katapult Africa announced the launch of its Accelerator program in Kigali, Rwanda, welcoming 9 companies to the Katapult portfolio.


London-based zero-trust enterprise browser SURF launches out of stealth with seed investment round
Published: 14-11-2022 | 16:56:00 | By: Pie Kamau
New zero-trust enterprise browser SURF, announced it has launched out of stealth with an investment round led by 11.2 Capital, Okta Ventures, Mango Capital and security-focused Angel investors.


Ultra-convenient healthy meals startup Proper Good closes seed funding to bring absurdly delicious products
Published: 14-11-2022 | 15:42:27 | By: Pie Kamau
PROPER GOOD, an ultra-convenient home-delivered food service company that offers nutritious prepared meals made with simple and high quality ingredients, announced the closing of $3.5 million in seed funding.


SaaS startup ProsperStack raises $2m seed round to accelerate growth
Published: 14-11-2022 | 14:49:00 | By: Pie Kamau
ProsperStack, a pioneeer in cancellation flow software boasting the ability to reduce subscriber churn by up to 30%, announced the closing of $2 million Seed round, led by Sandalphon Capital.


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.


Silicon Valley based IoT startup MODE announces new funding to accelerate growth
Published: 11-11-2022 | 08:06:00 | By: Pie Kamau
MODE, a Silicon Valley based IoT solutions provider, announced it has raised funds from Panasonic Corporation (Panasonic), a corporate venture capital (CVC) fund jointly managed with SBI Investment.


Nigerian money app Kuda launches in the UK
Published: 11-11-2022 | 07:49:00 | By: Pie Kamau
Nigerian money app Kuda, announced it is launching in the UK as part of a global expansion drive with a view to serving the cross-border transfer needs of UK-based Nigerians.


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. 


Service industry career platform WorkTorch raises $2.2m additional funding and rebrand from QuickHire
Published: 11-11-2022 | 07:17:00 | By: Pie Kamau
WorkTorch, a fast-growing service industry career platform, announced a $2.2 million seed round, led by Tenzing Capital out of Wichita, Kansas.


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.


Kenyan logistics startup Sendy raises funding from Japanese VC MOL PLUS to accelerate growth
Published: 11-11-2022 | 06:34:00 | By: Pie Kamau
Kenyan fulfillment and logistics startup Sendy, announced it has received funding from MOL PLUS the Corporate Venture Capital of Japanese transport firm Mitsui O.S.K. Lines (MOL).


Digital solutions startup Bantoo joins the Smart Africa Alliance
Published: 11-11-2022 | 06:26:00 | By: Pie Kamau
The Smart Africa Alliance announced it has welcomed digital solutions platform Bantoo to the alliance, to advance technological developments in the continent.


Biotech startup Avstera Therapeutics closes seed round to advance its lead programs targeting solid tumors
Published: 10-11-2022 | 14:23:00 | By: Pie Kamau
Avstera Therapeutics, a biotechnology company based in the Philadelphia area, has announced the completion of its seed round to advance its lead cancer programs geared towards targeting solid tumors.


Vouch partners with Capsule to support startups internationally
Published: 10-11-2022 | 14:11:00 | By: Pie Kamau
Capsule, a specialist insurance provider to high-growth companies in the UK, announced a partnership with Vouch, a San Francisco-based insurance platform that provides business insurance for high-growth technology startups in the US.


Dutch fintech venture Yabx expands into Nigeria
Published: 10-11-2022 | 13:53:00 | By: Pie Kamau
Yabx, a fintech venture headquartered at Netherlands, announced its foray into Nigerian markets with a mission to democratize credit across the country with its digital lending offerings.


Startup Wise Guys selects the second batch of participants for Africa-dedicated fund
Published: 10-11-2022 | 13:45:00 | By: Pie Kamau
Startup Wise Guys (SWG), Europe’s startup accelerator and one of its most active investment funds, has selected the second batch of participants for its €7.5 million fund for African startup investment. 


Climate tech VC firm Satgana announces first closing of its fund with €30m target size
Published: 10-11-2022 | 13:38:00 | By: Pie Kamau
Climate tech venture capital firm Satgana announced the first closing of a target €30 million VC fund to back the next generation of purpose-driven entrepreneurs building the Future of Earth.


Munich-based startup Flowers Software secures $3.2m in seed to bring enterprise-grade workflow automation to SMBss
Published: 09-11-2022 | 12:35:00 | By: Pie Kamau
Flowers Software, an organizational management system that helps SMB companies improve their processes, announced it has raised $3.2 million in seed funding.


Chef-led startup meez raises $11.5m to place recipes at the heart of hospitality
Published: 09-11-2022 | 12:08:00 | By: Pie Kamau
meez, the first-of-its-kind digital professional recipe tool, announced it has closed a $11.5 million Series A funding round led by Craft Ventures with participation from Struck Capital.


Fintech startup Fordefi raises $18m seed round to launch institutional DeFi wallet and security platform
Published: 09-11-2022 | 11:55:00 | By: Pie Kamau
Fordefi, a financial technology and software company, announced a $18 million seed round and the public launch of its institutional MPC wallet built for transacting on decentralized applications (dApps).


EQT Ventures III closes Europe's largest venture capital fund committed to early-stage tech startups
Published: 09-11-2022 | 11:24:00 | By: Pie Kamau
EQT has closed Europe's largest venture capital fund committed to early-stage tech startups. EQT Ventures III (the "Fund" or "Ventures III") closed with total commitments of €1.1 billion.


500 Global launches its Pan-African accelerator Manager Bootcamp in Kenya
Published: 09-11-2022 | 11:07:00 | By: Pie Kamau
Venture capital firm 500 Global, has partnered with Germany’s economic development agency Deutsche Gesellschaft für Internationale Zusammenarbeit GIZ and its Make-IT in Africa initiative, which fosters the growth of Africa’s innovation ecosystems.


CardinalStone Capital Advisers announces $6m investment in Nigerian healthtech startup AfyA Care
Published: 09-11-2022 | 10:56:00 | By: Pie Kamau
West African private equity fund manager, CardinalStone Capital Advisers (CCA), has announced a $6 million investment in Nigeria's healthtech startup AfyA Care.


Paris-based startup Mytraffic raises €30m Series B to provide digital intelligence to brick-and-mortar operators
Published: 08-11-2022 | 15:01:00 | By: Pie Kamau
Paris, France-based startup Mytraffic, a SaaS offering detailed insights on any location in Europe, has raised €30 million Series B  funding round led by AXA Venture Partners.


Stellantis invests in Africar Group to create Auto24, African used vehicle startup
Published: 08-11-2022 | 14:35:00 | By: Pie Kamau
Africar Group and Stellantis have announced the launch of Auto24 activities in Abidjan, Ivory Coast.


Nigerian lending startup Payhippo acquires Maritime Microfinance Bank
Published: 08-11-2022 | 14:15:54 | By: Pie Kamau
Nigeria’s credit-led SME fintech Payhippo has acquired Maritime Microfinance Bank (MFB), a financial institution specializing in saving products, demand deposits, and investments as well as micro and SME loans


Impact Venture Capital portfolio company Alef unveils Alef flying car, the only drivable flying car with vertical takeoff and landing
Published: 08-11-2022 | 14:07:00 | By: Pie Kamau
Alef Aeronautics, an advanced technology company creating alternative transportation solutions for surging traffic trends, introduced the Alef "Model A", the only flying car with street driving and vertical take-off.


Israeli cybersecurity startup Wib raises $16m investment to accelerate growth, tackle rising API security problem
Published: 08-11-2022 | 13:52:00 | By: Pie Kamau
Wib, the cybersecurity startup pioneering a new era in API security, announced a $16 million investment led by Koch Disruptive Technologies (KDT).


Jobtech Alliance launches startup accelerator programs to improve livelihoods in Africa
Published: 07-11-2022 | 10:09:31 | By: Pie Kamau
The Jobtech Alliance, an ecosystem-building initiative around inclusive jobtech in Africa has launched two programs; the Catalyst Jobtech Accelerator and the Jobtech Innovation Lab.


French battery startup Verkor raises more than €250m financing for its innovation centre
Published: 07-11-2022 | 09:51:00 | By: Pie Kamau
French battery startup Verkor announced it has raised more than €250 million, for the inauguration of its R&D lab, an integral part of the Verkor Innovation Centre.


Neurotech startup Roga launches novel wellness solution to combat stress and burnout
Published: 07-11-2022 | 09:23:00 | By: Pie Kamau
Neurotech company Roga, has officially launched its first stress-relieving wellness device Roga Life, for orders worldwide.


Vue Storefront wins best e-Commerce and retail startup at The Europas Tech Startup Awards 2022
Published: 07-11-2022 | 09:08:00 | By: Pie Kamau
Vue Storefront, a technology company that develops software for businesses to create fast, modern and high-performing online storefronts, was crowned a winner at The Europas Tech Startup Awards 2022.


Japanese startup TIER IV launches commercial autonomous driving software platforms for multiple operational design domains
Published: 07-11-2022 | 08:55:00 | By: Pie Kamau
TIER IV, an open source autonomous driving startup, announced it has launched commercial autonomous driving software platforms "Pilot.Auto" and "Web.Auto".


Cooperative Ventures announces first investment in agritech startup Sabanto to improve sustainability
Published: 07-11-2022 | 08:42:00 | By: Pie Kamau
Cooperative Ventures, a venture capital fund formed by North America's agricultural cooperatives, announced its first investment in Sabanto, a hardware and software company.


UK-based hospitality tech startup Journey completes £5m growth capital raise
Published: 04-11-2022 | 11:02:00 | By: Pie Kamau
Journey Hospitality has secured £5 million growth capital investment. The funds, from private equity firm Averroes Capital, will enable Journey to deliver its vision to revolutionise e-Commerce for the hospitality industry.


Kenya, Nigeria and South Africa lead fintech growth in Africa, Mastercard
Published: 04-11-2022 | 10:16:00 | By: Pie Kamau
A report by payment services company Mastercard has revealed that South Africa, Nigeria and Kenya are among the most vibrant fintech markets in the continent.


YEGO ride-sharing platform from Rwanda launches in Kenya
Published: 04-11-2022 | 09:56:00 | By: Pie Kamau
YEGO Global, a ride-sharing platform from Rwanda has entered the Kenyan market to take on Uber and Bolt through its subsidiary - YEGO Mobility Kenya.


3nets concludes $11m seed round for multi-cloud workload portability solution
Published: 04-11-2022 | 09:21:00 | By: Pie Kamau
3nets.io, a Delaware corporation, announced the conclusion of $11 million seed round at a post-money valuation of $20 million. 


Intelligent digital coworkers startup Roots Automation raises $10m Series A funding round to accelerate growth
Published: 04-11-2022 | 09:11:00 | By: Pie Kamau
Roots Automation, the creator of advanced, intelligent Digital Coworkers for the insurance industry, announced the closing of $10 million in a Series A round of funding.


Application security startup Apiiro raises $100m Series B funding round to accelerate growth
Published: 04-11-2022 | 08:51:00 | By: Pie Kamau
Apiiro, the pioneer in Cloud-Native Application Security, announced a significant Series B round of $100 million led by General Catalyst with participation by Greylock and Kleiner Perkins.


Berlin-based startup Crowd.dev raises €2.2m to launch the open-source platform for community-led growth
Published: 03-11-2022 | 10:55:00 | By: Pie Kamau
Berlin-based startup Crowd.dev announced it has raised €2.2 million to improve how developer-first businesses harness online communities.


Vienna-based startup Orderlion raises $4m funding to scale the global B2B food supply chain
Published: 03-11-2022 | 10:26:00 | By: Pie Kamau
Vienna-based startup Orderlion announced the successful closing of $4 million in preSeries A funding, including a mix of equity and debt financing, bringing the total amount of investments raised to $7.5 million since the company’s inception.


Zest AI secures over $50m growth capital to advance the next generation of AI-automated underwriting
Published: 03-11-2022 | 09:35:00 | By: Pie Kamau
Zest AI, the leader in automating underwriting with more accurate and inclusive lending insights powered by AI, announced that the company has raised over $50 million in a new growth round.


Brex partners with Techstars to accelerate growth for early-stage founders
Published: 03-11-2022 | 09:23:00 | By: Pie Kamau
Brex announced its partnership with Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs.


Girls in Tech Startup Challenge 2022 now open for female entrepreneurs
Published: 03-11-2022 | 09:15:02 | By: Pie Kamau
Girls in Tech, a global nonprofit working to erase the gender gap in tech, has launched the Girls in Tech Startup Challenge 2022, the organization's signature entrepreneurship pitch competition.


New York startup Scent Lab personalizes the fragrance industry with immersive digital experiences and AI-tech
Published: 02-11-2022 | 10:04:16 | By: Pie Kamau
Scent Lab announced the launch of its online platform that’s changing the way consumers shop for fragrance. Scent Lab is the first digital destination that leverages immersive video experiences and AI tech.


Telehealth startup Options MD raises $3.8m pre-seed funding to expand its mental health platform
Published: 02-11-2022 | 09:43:00 | By: Pie Kamau
Options MD, a telehealth startup providing high-quality care for treatment-resistant depression (TRD), announced $2.35 million in funding, bringing the total pre-seed funding to $3.8 million.


Oslo-based compliance automation startup Kosli raises $3.1m seed round led by Heavybit
Published: 02-11-2022 | 09:25:00 | By: Pie Kamau
Kosli, the developer tools startup based in Oslo, Norway, has closed a $3.1m seed round led by Heavybit to solve dynamic change monitoring and continuous compliance.


Medtech device startup MedCrypt raises $25m Series B funding round to accelerate growth
Published: 02-11-2022 | 09:02:00 | By: Pie Kamau
MedCrypt, the proactive cybersecurity solution provider for medical devices, announced its $25 million Series B funding round.


Globo partners with American startup HeadSpin to improve User Experience of Smart TVs
Published: 02-11-2022 | 08:47:00 | By: Pie Kamau
LatAm media group Globo, announced a strategic partnership with HeadSpin, the developer of a data science driven digital experience intelligence platform used to provide flawless digital experiences.


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.


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.


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.


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.


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.