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San Francisco, London among most developed venture capital cities in the world, report
This dashboard leverages PitchBook data and PitchBook Institutional Research Group methodology to provide a consistently updated ranking system for the size, maturity, and growth rates of the VC ecosystem in leading cities around the world.
[Interview] Fedir Kompaniiets, CEO, Gart Solutions, Ukraine
Gart Solutions is a provider of comprehensive DevOps solutions, dedicated to helping businesses streamline their software development processes and achieve operational excellence.
Illumina Ventures Labs launches in US and UK targeting startups advancing human health
Illumina Ventures Labs is part of Illumina Ventures, the premier genomics and precision health venture firm supporting early-stage companies transforming healthcare and our world.
Edinburgh-based Par Equity launches £100m fund to scale high-growth tech companies
Par Equity has announced the launch of its new venture fund.
Lottie raises £16.35m to confront the social care crisis, elevate the standard of later living
London-based Lottie has raised £16.35m Series A funding round.
London-based startup Unitary raises $15m for AI-driven content moderation
Unitary has raised $15m in a Series A round to scale its AI video classification technology.
London-based Q-Bot secures €4m to drive expansion in Europe and the U.S.
London-based Q-Bot has raised €4 million to insulate people’s homes with robotics and AI.
London-based Binalyze secures $19m Series A funding for enhanced cybersecurity
Binalyze has raised $19m Series A round of funding.
UK-based Open Cosmos raises $50m to grow its sustainable space tech and satellite data
Open Cosmos has raised $50m in Series B funding.
Travel tech firm Branchspace receives £5m to enhance airline retail digitisation
Gresham House Ventures has completed a £5m investment into Branchspace
Glasgow food tech startup ENOUGH raises €40m growth fund to scale mycoprotein production
Glasgow-based food tech startup ENOUGH has raised €40m in growth funding.
BBT.live extends seed funding to $8.4m for secured connectivity as a service
BBT.live has extended its seed funding round to $8.4 million.
Marqo secures $5.2m to bring continuous-learning vector search to businesses
Marqo, the startup enabling AI-powered search, has closed $5.2m seed investment.
UK foodtech startup Clean Food Group raises £2.3m funding to scale operations in advance of Series A
Clean Food Group has announced a further £2.3m funding.
UK foodtech startup Clean Food Group partners with LATAM food technology specialist, Alianza Team
Clean Food Group has announced a strategic collaboration with Alianza Team.
Supportwave raises $2.2m seed funding to accelerate the Future of IT support services
Supportwave has announced the successful closure of its seed funding round.
bp ventures invests £4m in UK-based fleet optimization software provider Dynamon
bp ventures has made a £4 million investment in Dynamon.
London innovation scale-up Wazoku brings innovation to the enterprise with full Teams integration
Wazoku has announced a full integration with collaboration platform Microsoft Teams.
Molten Ventures leads €5m round in Oliva to expand workplace mental health support
Molten Ventures has led €5 million round in Oliva.
London-based talent attraction SaaS scaleup inploi raises £1.35m seed round ahead of US expansion
inploi, the talent attraction technology scaleup, has raised £1.35 million round.
Bristol tech startup Deazy appoints Laura Wall as Head of Marketing
Developer marketplace platform Deazy has appointed Laura Wall as Head of Marketing.
London-based IoT SaaS startup Thingtrax raises £4.3m to fuel expansion
IoT SaaS startup Thingtrax has raised £4.3 million in a Pre-Series A round.
European payments startup Salve FH selects Finastra to tackle payment delays for corporates
Salve FH has selected Finastra Essence to reduce payment delays.
London-based carbon data provider Sylvera raises $57m Series B, plans US expansion
Sylvera has raised $57m Series B financing to scale its teams and product offerings.
Medical device company OrganOx raises £25m to transform organ transplantation practices
OrganOx has raised £25m in a growth round led by Lauxera Capital Partners.
[Column] Theo van Zyl: Connectivity on the go, why not all mobile internet services are the same
More consumers are taking a closer look at their connectivity requirements.
Investing platform Public launches in the UK
Public, a US-based multi-asset investing platform, has launched in the United Kingdom (UK).
SuperScale raises $5.4m Series A to grow revenue for game developers and publishers
SuperScale announced it has raised $5.4 million in a Series A funding round.
Generative AI for crypto startup SuperSight raises $1m pre-seed to build crypto-specific LLMs
SuperSight, a London-based Generative AI startup, raises $1m pre-seed round.
Camena Bioscience close $10 Series A financing as demand for DNA synthesis technology increases
Camena announced it has closed a $10m Series A financing round.
Molten Ventures leads €5m round in Oliva to expand workplace mental health support
Molten Ventures has led a €5 million round in Oliva.
UK renewable energy startup tem. raises £2.5m to transform the broken energy market
tem., the UK-based renewable energy startup, has secured £2.5m funding round.
Financial IT launches Fintech Pathfinder, showcasing the most promising fintech startups
Financial IT announced the launch of its highly anticipated Fintech Pathfinder.
Cambridge-based biotech startup Uncommon raises $30m
Biotech startup Uncommon has raised $30m to pave way for scalable cultivated meat utilising RNA technologies.
5 UK cities leading the way in sustainable transport, Plug and Play
The need for transportation systems that prioritize environmental sustainability has gained significant momentum.
UK biotech startup Resurrect Bio completes seed investment round to develop disease resistant crops
Resurrect Bio, a biotechnology startup which is on a mission to revolutionize the agricultural industry by giving crops the genetic tools to defend themselves against disease, has completed its seed investment round, totaling at £1.61 million.
7 in 10 UK tech workers consider hybrid working a key factor when considering a future employer, report
Techspace has released The Scaleup Culture Report, a national report diving into the current state of workplace culture across the UK tech industry.
The 7 most sustainable cities creating the future of work after COVID-19, Plug and Play
The World Health Organization recently announced that COVID-19 is no longer a global emergency. However, the impact of the pandemic has left a lasting mark on all industries.
UK-based SaaS startup Fundpath secures £4m funding round with Fuel Ventures
Fundpath, the data and technology business bridging the information disconnect between asset managers and wealth managers, announced the completion of a £4m late seed funding round with Fuel Ventures.
GC Ventures invests in UK-based startup Interface Polymers to enhance plastics recyclability
GC Ventures (GCV), a subsidiary of PTT Global Chemical PLC (GC), is investing in the British company Interface Polymers Ltd. This investment opens new horizons for GC Group, enabling more efficient and sustainable plastic recycling.
Innovate UK launches £100m AI Fund for UK business
Innovate UK, the UK’s national innovation agency, has unveiled BridgeAI, a new programme which aims to drive growth and competitiveness in the UK economy through the adoption of artificial intelligence (AI) and machine learning (ML).
Claret Capital Partners launches €72m Opportunity Fund to support its performing portfolio companies
Claret Capital Partners, the London-based Pan-European growth capital adviser, announced the launch of its first Opportunity Fund, the Claret European Growth Opportunities Annex Fund I, with a total size of €72 million.
Innovate UK launches £100 million AI fund for UK businesses
The £100m investment comes partly from Innovate UK & the Technologies Mission Fund (TMF), launched by HMG/UKRI on 6 March 2023, and will bring together businesses from priority sectors with AI experts and developers, to foster an AI innovation network in the UK.
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises.
Why open finance is the future, Plug and Play
In 2018, the UK made history as the world’s first Open Banking Standard was implemented, establishing the foundations for the nation’s pioneering ecosystem and setting a blueprint for other countries.
Is AI content moderation better than human content moderation?
Who is better at detecting inappropriate content – computers or humans? To answer this question Unitary compares AI and humans on different levels, including scale, personal risk, cost, bias and context.
Attio raises $23.5m Series A to usher in a new era of CRM
Attio, the company building the CRM of the future, announced $23.5 million in Series A funding led by Redpoint Ventures, with continued participation from existing investors Balderton Capital and Point Nine.
Bristol-based tech startup Deazy appoints Freya Wordsworth as new Partnerships Manager
Developer marketplace platform Deazy, has appointed Freya Wordsworth as the new Partnerships Manager, as part of a growth push for 2023 that will see the Bristol-based tech firm build a partnership eco-system.
London-based Ocean 14 Capital receives €30m to back marine innovators saving the seas
Ocean 14 Capital fund has received an investment of €30 million from Ingka Investments to support its mission of funding sustainable solutions to improve ocean health.
London-based digital health startup Syndi raises £1.65m to build its AI-driven wellbeing support platform
Syndi Health, a startup providing a digital infrastructure to offer personalised and effective digital health support within organisations, has raised £1.65 million ($2 million), in equity and grant funding.
London-based TDGA secures NewMedia Holding as lead investor in $20m seed round
London-based TDGA, the owner of the biggest brand in Space Media today, Space Hero, announced a $20 million seed round.
Berlin's EatFirst acquires London-based foodtech startup Feedr to accelerate growth
Berlin-based corporate food ordering platform EatFirst, has acquired Feedr, a London-based enterprise food technology platform that gives corporate customers software to support healthier daily eating in workplaces.
Kenyan rural Internet Service Provider Mawingu raises $9m to scale its operations across the country
Rural Internet Service Provider (ISP), Mawingu has raised $9 million in Series B funding to scale its operations across Kenya.
Innovation scale-up Wazoku launches Mindpool SME to help small businesses capture employee insights
Innovation scale-up Wazoku announced it has launched Mindpool SME, an employee insights dashboard that makes it simpler & faster for SMEs to listen to, understand, and act on employee insights.
Finance software startup Quartr partners with Lightyear to bring free and easy-to-access company information for investors across Europe
Finance software startup Quartr, signed an API deal with Lightyear, an online broker based in London, serving customers in 20 countries across Europe.
London-based hospitality tech startup HotelRunner snaps $6.5m investment to accelerate global growth
HotelRunner, the global hospitality and travel technology provider, announced the closing of $6.5 million Series A round to accelerate global growth.
Fintech enabler Ukheshe secures Series A funding to accelerate international expansion
Ukheshe International, the UK-headquartered division of digital-first, Banking as a Service (BaaS) enabler Ukheshe, announced the conclusion of an investment agreement that will help accelerate its international expansion.
Season Group acquires IoT tech startup Pycom to give all connected ideas an opportunity to succeed
Season Group, an international electronics design and manufacturing services provider headquartered in Hong Kong, announced its acquisition of all assets of Pycom, a full stack Internet of Things (IoT) company.
London-based workforce management startup Surfboard raises $5m seed round to accelerate growth
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.
London-based Vektor AI raises $2.5m pre-seed round to democratize tech talent’s access to professional career advice
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.
London-based zero-trust enterprise browser SURF launches out of stealth with seed investment round
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.
Nigerian money app Kuda launches in the UK
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.
Digital solutions startup Bantoo joins the Smart Africa Alliance
The Smart Africa Alliance announced it has welcomed digital solutions platform Bantoo to the alliance, to advance technological developments in the continent.
Vouch partners with Capsule to support startups internationally
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.
UK-based hospitality tech startup Journey completes £5m growth capital raise
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.
Manchester-based consumer insights startup Vypr raises additional £3.4m to scale its product intelligence platform
Fast-growing consumer insights business Vypr has received new investment of £3.4 million, at a significantly increased valuation on its last funding round in January 2021.
London-based Sidekick raises £3.33m pre-seed to build a modern investment manager for today’s changing world
Sidekick, a digital active investment manager built for today’s rapidly changing world, announced a £3.33 million pre-seed equity round led by Octopus Ventures.
Tanzanian fintech startup NALA enables Google Pay payments from the US and UK into Africa
NALA, a Tanzanian fintech startup facilitating remittances from the African diaspora in the UK and US, has integrated Google Pay into its suite of payment options for users.
Nashville-based advanced radio technology startup Xtremis announces move to West Virginia
Xtremis, a Nashville-based startup developing advanced, Artificial Intelligence control systems that improve the performance of wireless networks in congested RF environments, announced its intention to relocate to Morgantown, WV.
British fashion startup LØCI raises £4m seed round to disrupt the fashion industry
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.
UK-based climate tech startup Levidian secures £12m investment from Baker Hughes to scale growth
US energy technology giant Baker Hughes has backed Levidian’s world-first decarbonisation technologies with a £12m investment at a £130m valuation, opening up global collaboration opportunities.
Biotech startup Hoxton Farms raises $22m Series A to cultivate animal fat in new pilot facility in London
London-based Hoxton Farms has announced a $22 million Series A round to build a pilot facility for producing cultivated fat: the missing ingredient necessary to make meat alternatives delicious, realistic and versatile.
Nigerian mobility fintech Moove raises £15m financing facility to scale UK operations
Moove announced it has raised £15 million in financing from Emso Asset Management to scale up its UK operations following a successful launch in August.
UK-based spaceflight startup Orbex secures £40.4m Series C funding to scale up its resources
UK-based spaceflight company Orbex has secured £40.4 million for its Series C funding round, led by a new investor, the Scottish National Investment Bank.
London-based private equity platform Lightrock closes inaugural Climate Impact Fund at €860m
Lightrock, a global private equity platform that backs purpose-driven entrepreneurs tackling the world’s biggest challenges, has closed its inaugural Lightrock Climate Impact Fund (“LCIF” or “the Fund”) with commitments of €860 million.
BNP Paribas acquires London’s currency management automation fintech Kantox
BNP Paribas announced the signature of an agreement for the acquisition of Kantox, a fintech for the automation of currency risk management.
Dutch-based Hyperion Lab’s third cohort startups set to improve the world with sustainable AI
Hyperion Lab kicked off its third cohort of the Amsterdam AI innovation program and eight new startups (seven of which are Dutch) want to improve the world with AI.
GridBeyond secures €6m investment from UK's Claret Capital to support smart energy expansion
GridBeyond, the pioneer in intelligent energy technology, has agreed a debt financing facility of €6 million led by Claret Capital, to support the Irish headquartered company’s continued internationalisation plans.
Fresh Del Monte partners with tech start-Up Decapolis to provide blockchain traceability solutions
The investment is part of Fresh Del Monte’s technology-driven mission to offer best-in-class, innovative solutions for its products and services, and to provide sustainable solutions that other businesses and industries can benefit from.
London scaleup Wazoku raises £8.5m series B funding, acquires Danish intelligence startup Mindpool
London-based innovation scaleup Wazoku has closed a series B funding round of £8.5 million through investment from Octopus Ventures along with follow on from existing investors including Calculus Capital.
UK scaleup White Label Loyalty launches in the U.S.
UK-based loyalty technology experts White Label Loyalty is entering the US market for the first time, with opening of its firrst overseas office in New York.
London-based Pheon Therapeutics launches with $68m financing to advance novel ADC for treatment of solid tumors
Pheon Therapeutics (Pheon), an ADC specialist developing next generation ADCs for a wide range of hard-to-treat cancers has launched, following the closing of a $68 million Series A financing.
London-based Genie AI launches Startup Starter Pack, a free open source legal template library for startups
Genie AI, a machine learning company based in London, has launched Startup Starter Pack, a free open source legal template library with contract templates for small businesses and startups.
Crypto tax reporting app Binocs nets $4m funding round as it adds institutional investors to retail base
Crypto tax reporting app Binocs has announced a $4 million fundraise to cater to institutional crypto investors and enter geographies like the US, UK, Australia etc.
Constitutional Reserve Fund of Monaco allocates €10m to London-based Ocean 14 Capital impact fund
The Ocean 14 Capital fund, which focuses exclusively on the multi-trillion-dollar ‘blue economy’, has received a commitment of €10 million from the Constitutional Reserve Fund of Monaco to support its mission of funding sustainable solutions.
London-based mental health startup Thalamos raises $1m to digitise the Mental Health Act
London-based mental health startup Thalamos announced it has raised €1 million seed round to digitise the Mental Health Act.
Nigerian mobility fintech Moove joins forces with Uber UK to bring electric vehicles to London
Nigerian fintech moblity startup Moove has announced its launch in London as part of its global expansion through a new partnership with Uber.
London-based Claret Capital raises €297m fund to back European tech startups
Claret Capital, the London-based Pan-European growth capital provider, announced the final closing of Claret European Growth Capital Fund III (Fund III), to back European tech startups.
Octopus rolls out €220m to drive green power generation, backs Exagen to build UK’s largest battery
Octopus Energy Group launched its new renewables fund Octopus Energy Development Partnership (OEDP), as the fund makes its debut investment in renewables developer Exagen to build new green energy.
UK-based Medi-science International partners with Kenyan healthtech startup Afya Rekod to enhance healthcare delivery
UK-based Medi-science International and Kenyan healthtech startup Afya Rekod have announced a strategic collaboration to transform healthcare delivery through improved access to personal health data.
UK-based Conversational intelligence startup Jiminny raises €16.5m to fuel international expansion
Jiminny, a UK headquartered conversation intelligence provider supporting sales teams across the world, has closed a $16.5 million series A funding round led by Kennet Partners, a transatlantic growth equity firm.
London-based VC firm Flashpoint unveils $102m close of its VCIII fund, secures first institutional investment partner
Flashpoint Venture Capital, an international technology investment firm announced that Széchenyi Funds signed up for a commitment of $20 million in Flashpoint’s VC III.
Kenyan-based startup FaidiHR secures funding, eyes expansion
The startup, which offers digital human resource solutions to African companies, said they would use the investment to expand their business in East Africa, eyeing entry into Uganda, Tanzania and DRC.
Battery tech startup Britishvolt confirms UK Government funding boost for its battery cell gigaplant
Battery technology pioneer Britishvolt confirmed funding from the UK Government through its Automotive Transformation Fund (ATF) run by the Advanced Propulsion Centre UK following a confirmation letter.
London-based startup Geomiq raises $8.5m to digitize manufacturing and deliver industry leading service levels
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.
UKI2S expands fund by £37m to accelerate British innovation
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.
ComplyCube partners with Capital Pilot to back high-growth startups in the UK
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.
Boeing, AE Industrial Partners launch second venture fund to invest in innovative aerospace and defense startups
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.
Why you should implement cryptocurrency payments into your e-Commerce website, Remuno
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.
London-based soccer game startup CLUB closes $3.1m seed round for the first F2P and Play-and-Earn soccer ownership game
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.
London-based fintech startup Griffin raises $15m to become the bank fintechs can build on
Griffin, a Banking as a Service (BaaS) fintech firm, announced it has raised $15.5 million funding to launch the OS for embedded finance.
Nemetschek invests in UK-based startup SymTerra to drive digitalization in the construction industry
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.
London-based startup growth agency Tailored Brands rebrands to Ventuure to scale Series A and B startups
Startup growth agency Tailored Brands announced it is rebranding to become Ventuure, to evolve its mission to support Series A and B startups.
London-based invoice intelligence platform Xelix completes $5m Series A funding to accelerate growth
Invoice intelligence platform Xelix announced it has successfully completed the Series A funding round, raising $5 million.
London-based healthtech startup Wondr Medical raises £12m seed round to accelerate global collaboration across the medical community
Digital health startup Wondr Medical, announced it has raised £12 million seed round to accelerate global collaboration across the medical community.
Sustainability data and tech startup ESG Book closes $35m Series B to advance its next-gen technology capabilities
ESG Book, a global player in sustainability data and technology, announced it has closed $35 million in Series B funding to advance its next-generation technology capabilities.
London-based Screenloop raises $7m for its hiring intelligence platform
Screenloop, the hiring intelligence platform that helps teams hit their recruitment targets faster whilst delivering an enhanced candidate experience, has raised a $7 million seed round.
UK-based BotsAndUs secures $13m seed financing for its warehouse data intelligence platform with autonomous robots
BotsAndUs, a cutting-edge intelligence and robotics company has secured $13 million in seed funding to expand its logistics-disrupting solution globally.
British Virgin Islands-based SithSwap raises $2.65m to build next-gen AMM on StarkNet
SithSwap, the next-generation automated market maker (AMM) on StarkNet, has successfully raised $2.65 million at a $25 million valuation in a seed funding round led by Lemniscap.
London, Malta-based fintech CityFALCON raises $2m funding to scale growth
London and Malta based fintech CityFALCON closed an equity fundraising campaign on Seedrs of $2 million to scale up the business and bring even more insightful products to market faster.
Insurtech startup INSTANDA raises $45m to fund its next phase of growth
INSTANDA, the no-code core insurance platform provider has announced the closing of its $45 million fundraising led by Toscafund, one of Europe’s leading Growth Equity investment firms for financial services companies.
London-based AI startup Peptone closes $40m Series A funding to build a state-of-the-art research facility in Bellinzona
Peptone, the molecular computational physics company focused on protein drug discovery, announced the successful completion of a $40 million Series A financing round.
ScienceMagic.Studios raises $10m pre-seed to demystify Web3 for brands and talent
ScienceMagic.Studios announced it has secured $10.3 million in pre-seed investment from investors including Liberty City Ventures, Digital Currency Group, Coinbase Ventures, Noam Gottesman and Alan Howard.
Green tech startup Ecolibrium launches in the UK with $5m pre-Series A funding round
Advisory and climate tech-led sustainability solution Ecolibrium, has opened a new London HQ after raising $5m in a pre-Series A funding round, to support growing demand from commercial and industrial UK real estate owners.
UK-based tech startup Florence raises $35m series B funding to revolutionise social care
Florence, the UK-based tech innovator for social care, announced it has raised $35 million through a Series B funding round. Florence will use the investment for product expansion to support care in the UK.
Biotech startup Transine Therapeutics closes £13.7m seed round to accelerate its platform and portfolio development
Transine Therapeutics (Transine), a biotechnology company, announced it has successfully raised £4.6 million in additional seed funding.
Crop tech startup moa raises $44m Series B financing to progress new generation of safe and sustainable crop protection products
moa Technology, the crop protection discovery company that is revolutionizing the future of weed control in agriculture, announced it has secured $44 million in Series B financing.
London-based fintech Paddle acquires ProfitWell to automate payments infrastructure for SaaS companies
Paddle, the complete payments infrastructure for SaaS companies, announced it has acquired ProfitWell, the provider of subscription metrics and retention automation software.
TDK Ventures invests in XCOM Labs' vision for a high-speed wireless future
TDK Corporation announced that subsidiary TDK Ventures, has invested in wireless communications disruptor XCOM Labs to expedite the development of their 5G and wireless communications solutions.
London-based Crane Venture Partners raises $140m second fund to back early-stage founders
Crane Venture Partners, the London based firm leading the industry in graduation rates from seed to Series A, announced it has raised $140 million in its second fund to back early-stage founders.
A5G Networks startup announces funding from Bharat Innovation Fund to accelerate growth
A5G Networks, a player in Distributed and Autonomous 5G Core Network Software for private and public networks, announced an investment by Bharat Innovation Fund, a deeptech focused venture capital fund in India.
[Column] Berenice Chassagne: Engaged Employee Experience: Balancing human and technology
Employee engagement is a key driver of the overall performance of a business.
London-based Bundlr Network raises $5.2m seed round to build an easier, faster way to store data on web3
Bundlr Network, a decentralized platform that makes it fast and easy to store data on web3, has raised a $5.2 million seed round co-led by Framework Ventures.
Huobi Incubator partners with Celo to promote Stablecoins for the masses
Huobi Incubator, the project incubation arm of Huobi Global, announced it will co-host Celo x Huobi: Stablecoin in Web3 & Sustainability hackathon with Celo.
IFC invests in Algebra Ventures to support Egyptian tech startups, drive innovation
To support tech startups with access to finance and drive innovation and job creation primarily in Egypt, IFC announced an investment in the second fund from venture capital firm Algebra Ventures.
UK-based fintech startup Paysend opens Americas headquarters in Miami
Paysend, the UK-based fintech with over 6.5 million customers, announced the opening of its Americas headquarters in Miami.
London's GripAble raises $11m Series A funding to deliver data-driven neuro and musculoskeletal rehab
London-based GripAble announced a $11 million in Series A funding led by IP Group, with equal investment from Parkwalk Advisors, to enable GripAble to expand its industry-leading data platform.
ComplyAdvantage releases new anti-money laundering essentials guide for Startups
ComplyAdvantage, a global data technology company transforming financial crime detection, announced the release of a new Anti-Money Laundering Essentials Guide for Startups.
Manchester-based HRtech startup Orka raises £3m to accelerate growth
Manchester-based Orka Technology Group (Orka), announced it has secured £3 million Series A fundraising round from Praetura Ventures.
Cambridge-based startup Sano Genetics raises $11m funding to accelerate genetic disease research
Cambridge-based startup Sano Genetics announced it has raised $11 million in a Series A funding round led by MMC Ventures, with further funding from Episode 1, Seedcamp and several experienced operators in software and life sciences.
London-based digital foreign exchange Currencies Direct announces £140m investment from Blackstone
Palamon Capital Partners and Corsair announced that funds managed by Blackstone have agreed to make a £140 million strategic investment in Currencies Direct.
Payhawk becomes first Bulgarian Unicorn after raising $100 million
Payhawk, the payment and expense solution with offices in London, Sofia, Berlin, and Barcelona, has raised an additional $100m to extend its Series B round to $215m.
FunFair Technologies launches new blockchain venture capital business
FunFair Technologies announced the launch of a new blockchain venture capital business, FunFair Ventures, with the aim to plug a gap in the funding process for early-stage blockchain projects.
Huobi Incubator announces second batch of partners for Web3 Scholarship
Huobi Incubator, the project incubation arm of Huobi Group, announced the second batch of partners for Web3 Scholarship, a funding platform for developers, builders, and projects in the Web3 field.
AT&T joins Ericsson's 5G Startup Program to develop new consumer technology
AT&T has joined Ericsson's Startup 5G program, a 5G innovation collaboration driven by Ericsson's ConsumerLab that assists communications service providers (CSPs) with commercialization and monetization of 5G.
London-based fintech startup Nous raises $9m seed to help households navigate the cost of living crisis
Nous (to rhyme with ‘house’) a London-based fintech startup, announced it has raised a $9 million seed financing round to build out its service that helps households get smart and stay vigilant as they navigate the imminent cost of living crisis.
Fearless Adventures leads £300K investment round for London-based personal safety startup WalkSafe
Fearless Adventures has led a £300,000 investment round to grow London-based personal safety app, WalkSafe, whose usage soared to half a million downloads following the murders of Sarah Everard and Sabina Nessa.
London-based healthtech startup ExSeed secures £2.5m for its male fertility testing kit
London-based male fertility startup ExSeed Health announced the closing of £2.5 million investment round, taking its seed-stage funding to over £5 million.
London-based Bramble Energy closes £35m to fund its hydrogen fuel cell technology
London-based fuel cell company Bramble Energy has closed a £35 million investment round to help further expand its game changing capabilities in solving key challenges in the production and implementation of hydrogen fuel cell stacks.
London-based m3ter launches from stealth with $17.5m funding to expand into new markets
m3ter, a metering and pricing engine for SaaS companies, launched from stealth with the announcement of $17.5 million in funding. The investment will support m3ter as it builds on significant early traction to expand into new markets.
Nigerian proptech startup Seso Global launches regional offices in US and the UK
To better engage with communities in the diaspora, Nigerian proptech startup Seso Global has launched regional offices in the United States (US) and the United Kingdom (UK).
[Startup Interview] Manoj Ranaweera, CEO, SkilledUp Life, UK
SkilledUp Life is a UK-based two-sided marketplace for anyone, volunteers, to gain new experiences and build skills free of charge, and for bootstrapped tech startups, companies, to fill skills gaps in their teams with free talent.
Huobi Incubator announces sponsorship with Avalanche, affirms commitment to blockchain startup ecosystem
Huobi Incubator, the project incubation arm of Huobi Group, announced it will start a basket of sponsoring plans for Avalanche ecosystem to jointly incubate emerging projects.
London-based InstaDeep raises $100m to scale decision-making AI products to solve real-world problems
InstaDeep, a leader in advanced AI decision-making systems for solving real-world problems, announced it has raised $100 million and closed a Series B round led by Alpha Intelligence Capital.
UK's carbon offset ratings startup Sylvera raises $32m funding to become source of truth in carbon markets
Carbon offset ratings provider, Sylvera, announced it has raised $32.6 million in Series A funding to accelerate its mission to become a source of truth for carbon markets.
Online platforms lift the fortunes of Kenyan artists
Kenyan artists have not been left behind and are embracing digital platforms with impressive results.
Swedish-Kenyan electric vehicle tech startup Opibus launches first electric bus designed and developed in Africa
Swedish-Kenyan electric vehicle technology startup Opibus has introduced the first all-electric bus in Kenya as well as the first African designed electric bus ever.
Tech startups key to Africa’s digital transformation but urgently need investment, report
The World Economic Forum’s latest report, “Attracting Investment and Accelerating Adoption for the Fourth Industrial Revolution in Africa” analyses the challenges Africa faces in joining the global knowledge-based digital economy.
London-based proptech startup Homesearch completes £5m funding round to accelerate growth
After a record year of growth, property data and estate agent prospecting platform, Homesearch, completed a £5m Series A funding round with Octopus Ventures , the venture capitalist firm that originally backed Zoopla.
Kenya's Poa Internet announces first close of $28m financing round by Africa50
Poa Internet and Africa50 announced the completion of Africa50’s equity investment into Poa. This funding is part of the $28 million financing round led by Africa50.
Dutch edtech startup Winc Academy raises $3m to train 20,000 IT professionals in Europe
Winc Academy announced a $3 million funding round led by Rubio Impact Ventures and Dutch Founders Fund to increase the steep growth of its education platform.
British Fintech Farm raises $7.4m to launch Neobanks in 8 countries
Fintech Farm, a British fintech company creating neobanks in emerging markets, raised $7.4 million investment to develop its new project.
CellPoint Digital secures $25 million investment to boost entry into new markets
CellPoint Digital, a global provider of digital commerce and payment solutions, has announced an equity financing round of $25M provided by Toscafund and its private equity arm, Penta Capital, to build on a series of major successes in recent years.
Global cloud computing company Esker to acquire majority stake in UK-based startup Market Dojo
The agreement states that Esker will acquire 50.1% of the shares and voting rights in the company effective Q1 2022 and the remainder of Market Dojo shares after a period of four years.
Nigeria tech startups raised $1.7billion in 2021, report
Since the beginning of 2021, Africa-based tech startups have raised more than $2.9 billion with Nigerian startups which are creating new products, services, and platforms raising $1.7 billion of this total or about 60% of it, a new report has found.
London-based professional networking startup myGwork secures £1.6m for global expansion
myGwork, the global business LGBTQ+ recruitment and networking platform, has secured £1.6 million in the latest funding round led by 24Haymarket to grow its user base and continue with its international expansion plans.
[Startup Interview] Dave Withers, CEO, Vertis, USA
Vertis is a US-based startup that leverages billions of data points and proprietary data science to help business leaders implement data-driven talent and location strategies.
London-based healthcare startup Gravitiq raises $55m seed round to expand portfolio of e-Commerce healthcare brands
Gravitiq, the doctor-founded and led healthcare brand aggregator, announced the close of its seed funding round, raising a total of $55 million.
Tony Elumelu Foundation targets 5,000 African SMEs with entrepreneurship training and funding
The Tony Elumelu Foundation (TEF), the philanthropy empowering African entrepreneurs from all 54 African countries, has selected 4,949 entrepreneurs from across Africa for its 2021 Entrepreneurship Programme.
Compliance startup Laika raises $35m Series B to help companies ace security audits
Laika, the industry's first unified compliance-as-a-service platform, announced it has closed $35 million in Series B funding led by J.P. Morgan Growth Equity Partners with participation from PayPal Ventures.
London-based insurtech startup Collective Benefits announces $10m investment from Prosus
Collective Benefits, an insurance and benefits marketplace for independent workers, announced a $10 million investment from Prosus Ventures, the venture investing arm of Prosus, one of technology investors in the world.
Walden Catalyst Ventures closes $550 million fund to target deep tech investments
Investors in the fund include leading institutional LPs, as well as the CEOs of some of the world’s largest tech corporations.
Digital postage stamp startup Stamp Free launches AI-based postal tracking app
Stamp Free Limited, the digital postage stamp company, has launched its new Digitrack app, an AI-based postal validation and tracking app for carriers.
Berlin-based investment platform Moonfare raises $125m Series C to accelerate global growth
Moonfare, the digital private equity investment platform for individual investors, raised $125 million in Series C funding, led by New York-based Insight Partners, to continue to develop innovative investment solutions and accelerate its international expansion.
Kenyan fintech startup Kwara partners with Lami Technologies to give SACCO members access to insurance products
Kenyan digital banking fintech startup Kwara has partnered with insurance technology company, Lami Technologies, to provide SACCO members with affordable and transformational insurance products.
Kenyan-based payroll startup Workpay expands to Nigeria
Workpay, a Nairobi-based YC graduate, is expanding its operations to Nigeria. The cloud-based workforce management startup will now offer Core HR, Payroll, and employee record services to organizations in the country.
Spiceware startup selected as finalist of UK's Trade's Global Fintech Competition
Spiceware, a cloud-based data security company and a member of Born2Global Centre, was selected as the "Joint Winner" at the Global Fintech Competition 2021 hosted by the British Ministry of International Trade (DIT).
London-based scale-up Wazoku acquires Colombian open innovation crowd Channge
London-based Innovation scale-up Wazoku has continued its global expansion and extended its reach into Latin America with the acquisition of Colombian open innovation crowd Channge.
Israeli mobile app startup Bites raises $5m seed funding for next-gen employee-communications and training application
Bites, a game-changing player in the employee communications and training industry, announced the completion of its seed funding round, raising $5 million.
London-based AI startup Humanising Autonomy raises $11m Series A funding to change how machines understand people globally
Humanising Autonomy, a behaviour AI company using modular, low-power computer vision technology to ethically understand and predict human behaviour raised an $11 million Series A funding round.
Nortal acquires minority stake in cybersecurity startup Talgen
Digital transformation company Nortal has entered into a definitive agreement to acquire minority stake in the cybersecurity startup Talgen to bolster cybersecurity capabilities and unlock new opportunities in Europe, North America, and the GCC countries.
Israeli deep learning development startup Deci raises $21m to accelerate commercial growth
Deci, the deep learning development company that helps enterprises build, optimize, and deploy AI to production, announced it has raised a $21 million Series A round led by New York-based global private equity and venture capital firm Insight Partners.
Google selects nine Kenyan startups to receive equity-free funding via its Africa Investment Fund
During its very first “Google for Africa” event held early this month, Google announced it will be investing up to $50 million in African early- and growth-stage startups via its Africa Investment Fund.
Google to invest $50m equity-based fund in African startups
Tech giant Google announced it plans to invest up to $50 million in African early- and growth-stage startups via its Africa Investment Fund.
UK startup ComplyCube boosts SaaS offering with multi bureau checks to tackle identity fraud
ComplyCube, the identity verification provider, has launched a multi-bureau verification service underpinned by a comprehensive set of credit agency data, government sources, and propriety databases.
[Startup Interview] Femi Apesin, OnePipe Growth & Marketing Lead, Nigeria
Femi Apesin is the Head of Growth and Marketing at OnePipe, a Nigerian startup that has raised almost US$1 million in a pre-seed round with a plan to make API integration seamless for banks and fintech companies.
UK-based music distribution startup Blarecast Systems closes seed round to harness the power of BSV blockchain
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.
Delivery startup Glovo expands its African footprints
Leading multi-category delivery platform Glovo recently announced the expansion of its operations in Africa, to include Ghana and Tunisia, bringing its current operations to a total of seven countries on the continent.
[Column] Patrick Ndegwa: Growing a successful tech startup in Kenya, 4 key elements
The tech scene in Kenya is thriving. Even amid a global pandemic, economic uncertainty, and election fever, our dynamic African country has found a way to cut through the clutter and establish itself as the world’s ‘Silicon Savannah’.
UCLG Africa and 01Talent Africa target over 500,000 youth with digital training
The UCLG Africa - 01Talent partnership aims to train more than 500,000 talents on the continent free of charge and according to the best global standards over the next 10 years.
Rose Technology startup raises $5.5m seed round to change the way companies generate revenue from data
Rose Technology, founded by data scientist and former global macro investor Alexander Campbell, raised $5.5 million to change the way data-driven companies collect, analyze, and generate revenue from data.
Employee wellness early-stage tech startup Three Good announces seed round to fuel growth
A new employee wellness technology startup based in Los Angeles, Three Good, announced its seed round of funding. The employee well-being platform leverages Artificial Intelligence (AI) and traditional Psychology best practices to beat employee burnout.
Berlin-based Workist exits stealth to create global AI business connectivity layer
Workist, the company applying cutting-edge, deep-learning technology to automate business transactions, exited stealth and introduced its flagship product WorKI, an intelligent document processing tool that leverages advanced artificial intelligence.
Canadian machine learning startup Private AI secures $3.15m seed round to streamline privacy compliance for enterprises
Private AI, a developer of privacy-preserving machine learning and natural language processing tools, announced it has secured $3.15 million in seed funding to improve its product offering.
ITRI partners with Arm to provide resources for innovative IC design startups in Taiwan
To promote Taiwanese local IC design startups, the Industrial Development Bureau (IDB) under the Ministry of Economic Affairs (MOEA) is supporting the Industrial Technology Research Institute (ITRI) and Arm, in providing critical resources.
Canadian machine learning startup CruxOCM raises $6m venture financing to accelerate growth
CruxOCM, the pioneer of robotic industrial process automation (RIPA) for control room operations, announced it has raised $6 million in venture financing to fuel growth.
Tech startup KUDO launches live captioning for multilingual meetings
KUDO Inc., the multilingual meeting SaaS company built around a B2B managed marketplace powered by the largest network of professional conference interpreters, announced the addition of live captioning to its list of platform features.
Medical software startup Optellum appoints Jason Pesterfield as CEO to drive commercial growth in the US
Optellum, a medical software startup based in Oxford, UK, has appointed Jason Pesterfield as CEO to lead growth in the US clinical market. Optellum is a leader in AI-based software that transforms early lung cancer diagnosis and therapy.
Huobi Ventures launches $10m fund to accelerate innovative GameFi projects
Huobi Ventures, the global investment arm of Huobi Group, announced the launch of a new $10 million fund to invest in emerging GameFi projects around the world.
Madagascar Time startup launches charity cryptocurrency $TIME to fight climate change
Madagascar Time startup has launched $TIME, the new cryptocurrency focused on charity work around the globe. Backed by an international team, $TIME combines unprecedented technology in the crypto space with social entrepreneurialism.
Next-gen research platform Litmaps closes $125K seed-stage investment from Quidnet Ventures
Litmaps, a Science software company based in Wellington, New Zealand has received NZ$125,000 in funding from Quidnet Ventures, a New Zealand-based venture capital fund with operations in Auckland, NZ, San Francisco and New York.
Egyptian B2B e-commerce startup MaxAB acquires distribution platform WaystoCap
MaxAB, Egyptian B2B e-commerce platform that serves food and grocery retailers, has acquired WaystoCap, the Morocco-based B2B e-commerce and distribution platform that connects retailers with suppliers across Africa.
AI startup 3AI joins NVIDIA Inception program
AI startup 3AI announced it has joined NVIDIA Inception, an accelerator program designed to nurture startups revolutionizing industries with advancements in AI and data sciences.
Four Southern Africa’s innovative legal startups proceed to HiiL Justice Accelerator
The Hague Institute for Innovation of Law (HiiL) has announced the four startups that will go on to the prestigious HiiL Justice Accelerator. The four innovators are part of a global cohort of 18 organisations who will receive €10 000 funding and business development support.
Ghanaian startup Plendify launches B2B e-Commerce marketplace
Ghanaian startup Plendify has launched a B2B e-Commerce marketplace to connect customers with small and large African wholesalers, manufacturers, exporters, and importers.
Ecobank launches 2021 edition of its fintech challenge for African startups
The pan-African banking group, Ecobank group, is inviting African fintech entrepreneurs to join the 4th edition of the Ecobank Fintech Challenge.
Naspers Foundry leads $8.3m Series A investment in South African insurtech startup Naked
Naspers, through its early-stage tech investment vehicle Naspers Foundry, invested $8.3 million (R120 million) in Naked, the artificial intelligence (AI)-driven insurtech startup that offers full digital insurance to cars, homes, and valuables.
UK-based adtech startup Playrcart raises £1m as it prepares for growth
UK-based startup Playrcart, the company that makes advertising assets instantly transactional, raised over £1 million in funding and added industry heavyweight Peter Scott as Chairman.
Tel Aviv and London-based AI construction tech startup Buildots raises $30m Series B funding as its technology reaches 12 countries
Buildots, the AI construction tech company announced a $30 million Series B round led by Lightspeed Ventures with the participation of Buildots’ previous investors; TLV Partners, Future Energy Ventures, Tidhar Construction Group and Maor Investments.
Fintech startup Rapyd raises $300m Series E to further enhance its service offering
Rapyd, a global Fintech as a Service company, announced a $300 million Series E funding round led by Target Global.
Tech executive Mark Bregman launches Quidnet Ventures, a venture capital fund based in New Zealand
Mark Bregman, a successful tech executive and entrepreneur, has launched Quidnet Ventures, a venture capital fund based in New Zealand and operated out of New Zealand, San Francisco and New York City.
Philadelphia Eagles Rookie Wide Receiver Devonta Smith joins tech startup LifeBrand
LifeBrand, a tech startup that offers solutions to help build and protect personal and corporate brands on social media, has teamed up with Philadelphia Eagles Rookie Wide Receiver DeVonta Smith to take their game to the next level.
Confluera named top cybersecurity startup in 2021 Black Unicorn Awards
Confluera, the provider of next-generation cloud detection and response, has been named a winner in the "Top 10 Cybersecurity Startups" category of this year's 2021 Black Unicorn Awards, by Cyber Defense Magazine.
Expert DOJO commits $5m to invest in female-founded African startups
Expert DOJO is committing $5 million fund to invest in early-stage African startups over the next 6-months. Expert DOJO will host the Africa-only cohort this September, marking the beginning of a long-term commitment.
HYPE GVA 2.0 NFTs startup MyLads seals €7.6m investment round
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).
Nigerian healthtech startup Field Intelligence expands into eleven new cities across East and West Africa
Nigerian healthtech startup Field Intelligence announced its expansion into Rivers, Edo, Kaduna, Kano, Enugu, Delta and Kwara States in Nigeria, and Eldoret, Mombasa, Kisumu and Naivasha in Kenya.
UK-based legaltech startup Clara opens in Dubai following investment from DIFC FinTech Fund
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
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.
Workflow startup Symbolic Frameworks launches from stealth to debut Protagonist, a visual and collaborative decision-making app
Symbolic Frameworks (Symbolic), a provider of workflow applications that help make idea generation, decision making, and prioritization more collaborative, faster and higher quality, is launching from stealth.
Oxford Foundry partners with FMDQ Private Markets to accelerate Nigeria’s startup ecosystem
Oxford Foundry and FMDQ Private Markets have launched a global partnership to accelerate the growth of Nigeria’s startup ecosystem.
BIND 4.0 opens sixth call for innovative tech startups around the world
The Open Innovation & Acceleration Program, BIND 4.0, has just launched its sixth edition open call to search for the most innovative technology startups around the world.
Israeli Start-Up Nation Central appoints Avi Hasson as new CEO
Start-Up Nation Central, the independent not-for-profit organization connecting global corporations, investors, and governments to the Israeli tech innovation ecosystem, announced the appointment of Avi Hasson as its next Chief Executive Officer.
Danish fintech startup HelloFlow raises $1.6m for its no-code KYC and client onboarding solution
HelloFlow, a Danish fintech startup, has closed a $1.6m Seed round led by a Danish VC PreSeed Ventures, and UK-based, Seedcamp.
Frisco-based startup Apty raises $7.5m Series A funding to grow its DAP software
Digital Adoption Platform (DAP) Apty secured $7.5 million in Series A funding. Apty develops DAP software catering to Enterprises with complex business processes, enabling them to maximize the adoption of software and processes.
Banque Misr partners with Microsoft to support fintech startups in Egypt
Banque Misr signed a Memorandum of Understanding (MoU), with Microsoft Egypt to launch the first open innovation program in the Egyptian market, enabling a spurt in fintech startup growth.
Kenyan startup Marketforce appoints Ore Omolaja as Country Manager, Head of Business for Nigeria
Marketforce, the Kenyan-based B2B platform for retail distribution of consumer goods and digital financial services in Africa, announced the appointment of Ore Omolaja as the Nigeria Country Manager and Head of Business, effective 15th July 2021.
South African startup Omnisient raises $1.4m for global expansion
Omnisient, a secure data collaboration platform, has achieved its second raise this year totalling $1.4 million. The investments will be used to expand the Omnisient team, accelerate product development and drive international expansion.
Miami-based startup GathR Virtual Studios raises $2.7m to evolutionize hybrid working
Miami-based startup, GathR Virtual Studios completed a pre-seed round to fund its innovative take on the widely used two-dimensional home-office meeting "apps" made popular during the COVID-19 shutdown.
Hypersonic tech startup Velontra names Retired Major General Craig Whelden as its Inaugural President
Retired Major General Craig Whelden has been named the Inaugural President of Velontra, a startup with the mind power to accelerate America's development of hypersonic technology.
IFC invests in Vantage Capital’s mezzanine fund to support fast-growing companies in Africa
IFC announced an investment in a new mezzanine fund managed by Vantage Capital, a mezzanine funding provider on the continent, which will provide capital to fast-growing companies in Africa.
Customer experience startup Officium Labs launches WorkForward brand
Officium Labs, a unique customer experience startup, has launched a new suite of enhanced workforce management (WFM) tools under the brand "WorkForward."
Kameo startup launches vaccine passport for the entertainment production industry
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.
Tech startup Drata raises $25m Series A to accelerate rapid growth of its security and compliance automation platform
Drata, a next-gen security and compliance automation company, announced $25 million in Series A funding led by GGV Capital. The new financing comes six months after the company's initial seed round and launch out of stealth.
Cybersecurity startup Hive Pro secures $3m in seed funding
Silicon Valley-based Hive Pro, creator of Predictive Vulnerability Analytics (PVA), announced it has closed $3 million in seed financing led by Simpra Holdings.
bp invests $7m in electric vehicle charging startup IoTecha
bp ventures has invested $7million in smart electric vehicle (EV) charging firm, IoTecha, leading a $13.2 million investment round.
Ethiopian-based startup Gabeya launches its revamped marketplace
Gabeya, the Pan-African source for freelance professional talent, has expanded its revamped marketplace, the first of its kind in terms of reach in Africa.
SynFutures startup raises $14m Series A funding to democratize derivative markets
Decentralized derivatives exchange SynFutures, announced the close of a $14 million Series A round of financing led by Polychain Capital with participation from Framework, Pantera Capital, Bybit, Wintermute, CMS, Kronos, and IOSG Ventures.
Farmtech startup Iron Ox hires first CFO, Head of Marketing as company prepares for growth
Iron Ox, a farming innovation company with deep expertise in robotics and artificial intelligence, hired its first Chief Financial Officer and its first Head of Marketing as the company accelerates growth and expands its commercial footprint.
London-based fintech startup ShareVision raises $2.1m seed for 24/7 streaming platform
ShareVision raised $2.1 million in seed funding to scale its financial streaming platform, where both businesses and consumers are streaming content on the stock market, economical updates and financial education.
Huobi launches incubator program to provide assets, resources and guidance for startups
Huobi Group, a world cryptocurrency and blockchain company, announced the initiation of its incubator program, Huobi X Center, who's goal is to empower startups by providing customers a range of resources.
QIMA acquires stake in London-based supply chain resiliency startup Kavida.ai
QIMA, the provider of quality control and supply chain compliance solutions, announced it has invested in Kavida.ai, a London-based startup that builds supply chain digital replicas and uses artificial intelligence.
IFC launches program to support startups expand across the Maghreb region
IFC launched a new advisory program aimed at making it easier for startups in Algeria, Libya, Morocco and Tunisia, expand their operations across North Africa.
XLIO Ventures closes $53m funding facility
XLIO Ventures, with offices in London, Seattle, New York, Tel Aviv, and Sao Paulo announced the closing of $53 million funding facility to back an expanding roster of the Made-to-Order Startups it creates for its enterprise technology customers.
Moroccan Digital Development Agency, GrowIN Portugal launch initiative to support startups internationalization
The Moroccan Digital Development Agency (ADD) and GrowIN Portugal have launched an initiative to support Moroccan and Portuguese startups internationalization by signing a strategic agreement.
London-based workplace ethics & compliance startup Vault Platform secures $8.2m in Series A funding
Vault Platform, the pioneering workplace ethics & compliance platform, has closed an $8.2 million Series A funding round to service demand from its fast-growing client base, drive Artificial Intelligence technology for misconduct reporting and expand its team.
Kenya's Industrialization Ministry launches Startup Savanna, a business acceleration programme for early-stage startups
The Kenyan Ministry of Industrialization, Trade and Enterprise Development (MoITED), launched Startup Savanna, an international business acceleration programme that will link Kenyan startups to global angel investors.
Cloud startup Golioth announces private beta launch and $2.5m seed round
Golioth, the cloud platform for hardware developers, announced a $2.5 million seed round in conjunction with a private beta launch for developers.
Networking startup Linq completes $2.5m seed round fundraise to accelerate growth
Linq, a networking tech startup, announced the successful completion of a $2.5 million seed round fundraise led by Mucker Capital. The investment will largely be used to grow the Linq team.
Aussie legaltech startup goes global wiith COVID-19 diagnosis tool
Australian legaltech startup Rulestar is demonstrating how its software, built to automate complex legal documents, can improve COVID-19 decision-making.
Canadian startup OpenUnit closes $1m seed round for expansion
OpenUnit, a Y Combinator-backed all-in-one commerce platform for self-storage facilities, announced that it has raised a $1 million seed investment round with participation from luminaries in the real estate and technology industries.
Chinese AI robotics startup Mech-Mind completes Series C funding
Chinese AI industrial robotics startup, Mech-Mind Robotics (Mech-Mind), completed Series C funding led by tech giant Meituan, bringing Mech-Mind's total funding to over $100 million, making Mech-Mind one of the world's most funded AI+ industrial robotics startups.
Five women-led tech startups awarded $10k funding by Standard Chartered Women in Tech Incubator in Kenya
The Standard Chartered Bank has awarded 5 women-led businesses with KES 1,000,000 each. The businesses were picked from the 4th cohort of the Standard Chartered Bank Women in Tech incubation program.
Railsbank partners with UK fintech startup Finadvant to offer digital banking to SMEs
Finadvant takes advantage of Railsbank's innovative BaaS platform to secure GBP and EUR ledger technology, offering the ability for their customers to receive, send and convert payments via SWIFT and UKFP.
Creator platform Fanbase attracts high-profile artists and creators, expands into three new territories
Fanbase, the subscription-based social platform that empowers creators to monetize their content and grow their fanbase, is on the verge of closing its seed round, already raising $3.1 million dollars on StartEngine.
Canadian startup Agnostiq secures $2m seed round to further develop SaaS-based quantum solutions
Agnostiq, Inc., the quantum computing SaaS startup, has raised $2 million in seed funding to support the continued development of its software platform.
Huobi Group launches Huobi Ventures with $100m for early stage DeFi investments, mergers and acquisitions
Blockchain company Huobi Group announced the launch of Huobi Ventures, a wholly-owned subsidiary focused on growing Huobi's venture investment portfolio and supporting innovative blockchain projects through long-term investment strategies.
[Column] Achare Takor: Incentives for promoting innovative ICT start-ups in Cameroon
With ICT set to become the engine of development in Cameroon in its role as a hub in the Central Africa sub-region, the 2021 tax scheme has been updated to promote innovative ICT start-ups.
Israeli AI-powered identity and security management startup Authomize secures $16m to accelerate growth
Authomize, the Identity and Security Management Platform (IDSM), announced the close of $16 million in Series A funding. Innovation Endeavors led the round with participation from return investors Blumberg Capital, Entree Capital and M12.
Venture capital firm TampaBay.Ventures launches $20m seed fund to support regional tech startups
New venture capital firm TampaBay.Ventures, has launched its first $20 million seed fund in order to support the growing tech scene in the Tampa Bay region.
AI-powered fintech startup Expend announces impressive start to crowdfunding campaign
Expend, the AI-powered fintech startup changing the way businesses manage expenses and spending, announced a great start to its crowdfunding campaign on Seedrs.
Robotics startup ViaBot announces public launch with $6.1m in funding
ViaBot, a robotics startup bringing maintenance and management automation to large properties, announced its public launch with $6.1 million in funding.
The Batchery introduces next wave of innovative startups in Berkeley, California
The Batchery announced its 12th Demo Day featuring eleven early-stage startups from the Berkeley-based incubator's intensive Deep Dive program.
Asset management startup JupiterOne raises $30m Series B funding to accelerate growth
JupiterOne, the provider of cyber asset management and governance solutions, announced a $30-million Series B funding round led by Sapphire Ventures to support the company's rapid growth in revenue, customers, and employees.
interviewIA secures $2m seed round to expand HR tech product offerings
interviewIA, a technology platform that manages all aspects of the job interview workflow to enable the coexistence of equitable and efficient hiring, has raised $2 million in its seed round.
South Korean Government attracts global startups with its acceleration program K-Startup Grand Challenge 2021
Startups from around the world are now able to apply to K-Startup Grand Challenge 2021, South Korea's government-backed global acceleration program.
Lacuna Fund announces second round of funding to projects supporting Natural Language Processing technologies Across Africa
The partner organisations behind Lacuna Fund implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, announced the second cohort of supported projects.
Israeli enterprise AI startup BeyondMinds joins NVIDIA Inception
BeyondMinds, the enterprise AI startup that has built the first universally applicable and easily adaptable AI platform providing production-grade AI solutions at rapid speed, announced it has joined NVIDIA Inception.
Suntory America, Runway partner to scout, engage and invest in startups
Runway Innovation Hub, a Silicon Valley innovation consulting company, announced its partnership with Suntory America, one of the world's consumer products companies.
Accenture invests in Nigerian fintech startup Okra
Accenture announced an investment, through Accenture Ventures, in Nigeria-based fintech company Okra, an open finance data infrastructure startup serving the rapidly expanding African financial services market.
Data transformation startup Veryfi raises Series A to unlock unstructured data power
Veryfi, an AI-based data transformation platform for enterprise and technology corporations, announced a $12 million Series A financing round led by NewView Capital.
UK-based startup Cquestr8 raises $300k seed capital to develop safe & permanent carbon sequestration solution
Cquestr8, 2020 winners of the Climate-KIC's ClimateLaunchpad "Next Big Thing" prize, has secured funding to develop their unique carbon sequestration solution, leveraging natural processes to safely lock away CO2 as stable ocean bicarbonate.
Fact.MR redefines the way startups access market research
The number one reason for startup failure isn't lack of funding or stiff competition. The main reason is 'misreading market demand'. Therefore, it becomes important for startups to thoroughly research the market.
Nigerian last-mile delivery startup Kwik Delivery releases Prestashop plugin
After the release of its plugins for Shopify and Magento, Kwik Delivery has released its plugin for Prestashop.
Twenty-two startups join second cohort of UNICEF StartUp Lab in Ghana
UNICEF announced the launch of the 2021 cohort of the UNICEF StartUp Lab, a co-creation space and accelerator, that engages young startups in the development of innovative, open-source, market-driven products and solutions.
New York-based startup Andela announces global engineering talent expansion
New York-based startup Andela, the global talent network that helps companies build remote engineering teams, announced the global expansion of its engineering talent.
Kenyan logistics startup Amitruck and Sky.Garden announce last mile goods pick-up and deliveries partnership
Logistics platform Amitruck and e-Commerce platform Sky.Garden have partnered to form an end-to-end digital chain for goods pick-up and deliveries to the last mile.
Grindstone accelerator programme opens applications for South African startups
Applications for this year’s Grindstone’s accelerator programme are now open. Grindstone is an equity-free structured entrepreneurship development programme that assists high-growth innovation-driven SMEs in South Africa.
InnovoEdge joins Microsoft for Startups program
InnovoEdge, an AI-powered multi-cloud and edge application orchestration company, announced it has joined the Microsoft for Startups program, which is designed to help business to business (B2B) startups scale with access to technology.
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here