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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3828165 | Tags:

















Dubai launches $136m venture capital fund to finance tech startups
Published: 10-11-2023 | 13:43:00 | By: Pie Kamau






UAE-based digital assets startup Fuze raises $14m seed round
Published: 20-09-2023 | 13:34:00 | By: Pie Kamau
Fuze has unveiled a record-breaking seed round of $14 million.


Beond closes $17m seed round to establish world's first premium leisure airline
Published: 14-08-2023 | 14:50:00 | By: Pie Kamau
Beond announced the successful completion of over $17m seed round.


6 industries that chemical recycling is poised to disrupt, Plug and Play
Published: 09-08-2023 | 13:19:00 | By: Pie Kamau
Chemical recycling is a process in which waste materials are broken down into their original chemical compounds.


Kenyan fashion e-Commerce startup ShopZetu raises pre-seed funding to fuel growth of its marketplace
Published: 29-06-2023 | 14:25:00 | By: Pie Kamau
Kenyan fashion e-Commerce startup ShopZetu has raised $1m pre-seed funding.


Web3 startup nealthy raises $1.3m in pre-seed to simplify NFT and crypto investing
Published: 08-03-2023 | 09:59:00 | By: Pie Kamau
nealthy, a Web3 startup for investing in NFTs and cryptocurrency, announced it raised $1.3 million in pre-seed funding round backed by experienced Web3 investors, including renowned crypto celebrity ‘DonGeraldo.’


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.


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.


[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.


British fashion startup LØCI raises £4m seed round to disrupt the fashion industry
Published: 26-10-2022 | 10:46:00 | By: Pie Kamau
15-month-old British fashion brand LØCI announced a £4 million seed round, as well as an investment from actor and environmentalist Leonardo DiCaprio to further its impact-driven mission of redefining the sector.


Dubai tech startup Educatly appoints LinkedIn's Executive Ali Matar to Board of Advisors
Published: 22-08-2022 | 12:11:00 | By: Pie Kamau
Dubai-based tech startup Educatly has appointed Ali Matar, Head of LinkedIn MENA and EMEA growth markets, to its Board of Advisors.


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.


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.


UAE fintech startup Pemo launches all-in-one spend management platform for MENA SMEs
Published: 01-06-2022 | 10:32:24 | By: Pie Kamau
Pemo, the UAE-based fintech startup empowering businesses across the Middle East, North Africa and Pakistan (MENAP),has announced that it has launched its all-in-one spend management platform.


IFC, ADGM launch She Wins Arabia initiative to boost opportunities for women-led startups and businesses across MENA
Published: 16-12-2021 | 10:56:00 | By: Pie Kamau
IFC and Abu Dhabi Global Market (ADGM) launched She Wins Arabia, an initiative to help women-led startups across the MENA region, get the advice, finance, and mentorship they need to grow.


[Startup Interview] Sophie Tarif, Nina van Boxtel, Founders, BOETIEK, Netherlands
Published: 30-11-2021 | 13:57:00 | By: Bob Koigi
BOETIEK, a Dutch startup, works with local boutiques and brands to increase audiences and increase online sales. The platform offers a wide range of products and services from latest fashion trends to new online boutiques and concept stores.


Home fashion startup Modern Matter raises $1.2m seed round to accelerate growth of its e-Commerce platform
Published: 11-11-2021 | 11:58:00 | By: Pie Kamau
Modern Matter, a design company and manufacturer of decorative and architectural hardware, raised $1.2 million in seed capital. Modern Matter collaborates with leading designers to develop exclusive hardware designs for luxury homeowners.


French real-time engagement startup Sparkup expands in the Middle East
Published: 07-10-2021 | 12:59:47 | By: Pie Kamau
Sparkup, a French startup specializing in real-time engagement solutions, has chosen to expand in the Middle East and will introduce its latest innovations at GITEX and CABSAT in Dubai.


 [Kenya] Mavazi Elevate program targets fashion industry creatives with business skills
Published: 28-09-2021 | 11:00:00 | By: Bob Koigi
A training initiative is empowering creatives in the fashion industry and small local businesses across the 47 counties in Kenya.


Insurtech startup NEXT Insurance renews commitment to small businesses with integrated strategic rebrand
Published: 16-09-2021 | 12:13:00 | By: Pie Kamau
NEXT Insurance, the digital insurtech company transforming small business insurance, announced its strategic rebrand which will integrate small business owners from across the country into every part of the company's business, culture and ethos.


UK-based legaltech startup Clara opens in Dubai following investment from DIFC FinTech Fund
Published: 27-07-2021 | 13:36:33 | By: Pie Kamau
Dubai International Financial Centre (DIFC), the global financial centre in the Middle East, Africa and South Asia (MEASA) region, announced it has invested in UK-based legaltech startup, Clara.


Middle East startup Workfam joins disruptive tech portfolio of GELLIFY and Azimut
Published: 27-07-2021 | 12:20:00 | By: Pie Kamau
UAE based startup, Workfam, the employee engagement SaaS platform that supports organizations with their mission to create a happy, healthy, and highly engaged workforce, has joined the portfolio of GELLIFY.


[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.


Snap acquires tech startup Fit Analytics
Published: 23-03-2021 | 14:20:00 | By: Pie Kamau
Snapchat's parent company Snap has acquired Fit Analytics, a technology startup that has built technology to help shoppers pick the right-sized clothing and footwear when they shop online.


Horizon Technology Finance provides $9m venture loan facility to Primary
Published: 26-02-2021 | 11:52:00 | By: Pie Kamau
Horizon Technology Finance Corporation, a specialty finance company announced it has provided a $9 million venture loan facility to Primary Kids (Primary), of which $6 million has been initially funded.


Hair color innovator Madison Reed raises $52m to continue omnichannel expansion
Published: 24-02-2021 | 13:13:00 | By: Pie Kamau
Hair color innovator Madison Reed announced a $52 million financing round to continue to fuel its omnichannel expansion and build upon the 130 percent growth it saw during 2020.


Picky Inc secures $1.3 million funding to advance authentic information sharing in the beauty industry
Published: 15-01-2021 | 11:15:00 | By: Bob Koigi
Picky, Inc., a mobile-first content platform providing consumers with authentic information in the global beauty space, has announced the completion of a $1.3 million pre-seed funding.


Fashion tech startup uSizy helps UK retailers brace for record sales of £28 billion this Christmas
Published: 22-12-2020 | 12:23:00 | By: Pie Kamau
In the wake of recent retail closures across the UK, fashion technology startups are delivering much-needed innovation to help merchants maximise online sales and optimise unprecedented digital demand this Christmas.


Plant-based activewear startup TVAAG launches on Kickstarter
Published: 02-12-2020 | 15:03:49 | By: Pie Kamau
Plant-based activewear startup TVAAG announced its launch on on Kickstarter. Founded in P.E.I in 2020, TVAAG uses a combination of Indian traditional textile manufacturing principles and modern fabric technology in sustainable fashion.


UAE fintech startup Sarwa unveils next gen Sarwa X, announces partnership with Saxo Bank
Published: 17-11-2020 | 13:09:00 | By: Pie Kamau
Sarwa, online investment advisory platform for young professionals has unveiled its next-generation Sarwa X, a new product powered by a strategic partnership with Saxo Bank, a Fintech and Regtech specialist focused on multi-asset trading and investment.


b8ta acquires Re:store to expand fashion and lifestyle retail-as-a-service portfolio
Published: 30-10-2020 | 12:16:23 | By: Bob Koigi
Retail-as-a-service company b8ta has announced that it has acquired Re:store, a one year old startup that brings retail-as-a-service to online fashion brands at Maiden Lane in San Francisco.


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


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


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


[Startup Interview] Sanyogita Patil, CEO, Ahlan Emirate, United Arab Emirates
Published: 16-07-2020 | 09:46:25 | By: Bob Koigi
As small businesses struggle with visibility and constrained marketing budgets, Ahlan Emirate, a startup based in United Arab Emirates has introduced a unique marketing offering that includes free SEO, increased web presence and connecting these businesses to prospective customers through its digital directory.


Nomad Homes secures $4 million financing to build digital real estate platform for Europe and the Middle East    
Published: 14-07-2020 | 16:55:00 | By: Bob Koigi
Nomad Homes , based in Dubai, has closed a $4 million funding round that was led by Comcast Ventures and participated in by Abstract Ventures, Partech, Precursur Ventures, WndrCo and Class 5 Global.


[Startup Interview] Iris Skrami, Co-Founder, Renoon, Netherlands
Published: 21-05-2020 | 17:44:00 | By: Bob Koigi
Renoon is a Dutch fashiontech startup that connects customers with innovation and the new ways to consume fashion and is is the first platform that utilizes technology to screen items for their sustainability characteristics.


[Column] Penny Whitelaw: Fashion ecommerce opportunities amid Covid-19
Published: 10-04-2020 | 16:13:00 | By: Pie Kamau
We are living in unprecedented times. The widespread outbreak of coronavirus has created uncertainty across industries, fashion retail being particularly vulnerable with the closure of bricks and mortar stores.


[Startup Interview] Peter Anowie, CEO, Kolics Company, Ghana
Published: 13-02-2020 | 12:44:00 | By: Bas Vlugt
Kolics Company Limited is a social enterprise that owns the Koliko Wear brand. It was established in Takoradi-Ghana in 2017. It provides customers with quality and affordable ladies and gents footwear. We produce shoes for all and deliver on our promise


[Startup Interview] Penny Whitelaw, CEO, Scircula, The Netherlands
Published: 11-02-2020 | 16:10:00 | By: Pie Kamau
Penny Whitelaw tells all about her startup Scircula. As one of the five winning startups, Scircula will speak on the main stage of Cross Media Congress 2020.