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[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.
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.
[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.
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.
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.
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.
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.
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.
Swiss startup Numarics secures leading position in European fintech with $2.2m funding
Swiss fintech startup Numarics is on its way to becoming the standard for state-of-the-art financial management and accounting for creators and small and medium-sized enterprises in Europe.
The Main Stage partners with RedCrow to build white label fundraising platform
The Main Stage, a software technology company that enables startup founders and entrepreneurs to engage with prospects and investors in an efficient and engaging experience, announced a licensing agreement with RedCrow.
Insurtech startup Spot raises $33m funding to ramp up partnerships, offer affordable coverage for customers
Spot, the tech startup offering on-demand injury insurance, announced it has raised $33 million in funding, including $25 million in equity and $8 million in debt.
Dutch-based LUMO Labs invests in edtech startup Metacampus to empower digital professionals
LUMO Fund II Coöperatieve U.A. and a group of international angel investors are investing €1.5 million in Metacampus, a Barcelona-based training platform built for the virtual economy, to empower digital professionals.
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.
Amsterdam-based employment startup TestGorilla secures $70m Series A to help companies eliminate hiring bias
Amsterdam-based employment startup TestGorilla announced it has secured $70 million Series A to help companies eliminate hiring bias. The round was co-led by Balderton and Atomico.
Medical speech processing startup Cordio Medical raises $18m to accelerate growth
Cordio Medical, a medical speech processing platform, announced its latest successful strategic investment round of $18 million from Ceros Financial Services and Peregrine Ventures.
Real-time compensation platform Pave raises $100m Series C funding, acquires Option Impact
Pave, the real time compensation platform that helps companies plan, communicate and benchmark against the market, announced it has raised $100 million in Series C funding and acquired Advanced-HR from Morgan Stanley.
Indonesian startup Mapan secures $15m Series A funding to enhance financial access and inclusion
Mapan, an Indonesia-based leading startup focused on eliminating barriers to financial access for the masses in the country, announced it has closed a successful Series A round of $15 million.
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.
Rocket VR Health chosen for Newchip's seed-stage global accelerator program
Rocket VR Health was accepted into Newchip's renowned global accelerator program designed to provide all the skills and tools seed-stage founders need to rapidly fund, build and scale their companies.
Breakthrough AI integration platform AI Squared raises $6m seed financing to accelerate growth
AI Squared, the low-code AI integration platform, announced it has raised $6 million Seed financing by global venture capital firm NEA with participation from Ridgeline Partners.
Illumina invests in £30m venture fund to advance breakthroughs in human health
Illumina, a global leader in DNA sequencing and array-based technologies, announced its participation in Time Boost Capital I LP, a £30 million genomics venture fund dedicated to providing match funding to startups graduating from Illumina Accelerator Cambridge.
Givebutter announces $7m seed funding to empower the changemaker generation
Givebutter, a product-led company that developed the first free operating system for nonprofit fundraising, announced it has completed a seed funding round totaling $7 million.
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.
Constructiontech startup ProPlanner raises $2.7m to transform construction scheduling
ProPlanner (formerly Ipsum), a web-based and collaborative construction technology platform, announced it has raised $2.7 million in funding led by global software investor Insight Partners.
Africa-focused VC firm TLcom Capital appoints Eloho Omame as Partner
TLcom, the Africa-focused venture capital firm, has appointed Eloho Omame as a Partner, bolstering its capabilities as it ramps up deployment of TIDE Africa Fund II, its new $150 million pan-African tech fund.
Deeptech startup NEU Battery Materials raises S$800,000 seed funding to produce clean and sustainable lithium batteries
Deeptech startup, NEU Battery Materials has raised a total of S$800,000 in seed funding from Momentum Venture Capital and Se-cure Waste Management.
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.
Nigerian Lab testing startup HealthTracka raises $1.5m funding for expansion to Kenya and Ghana
Nigerian at-home lab testing startup HealthTracka has raised $1.5 million in funding to expand its operations into Kenya and Ghana. The pre-seed funding which was led by Ingressive Capital.
Proparco completes pre-series-A investment in Moringa to fuel its expansion across Africa
Proparco announced the completion of a pre-series-A investment in Moringa to its expansion across Africa. The funding from Proparco will also facilitate the broadening of the range of courses offered by Moringa.
EuraTechnologies raises €24m to back deep tech startups, open 10 incubators in Eastern Europe
EuraTechnologies announced the raising of €24 million to back deep tech startups and open 10 incubators in Eastern Europe.
Renewable energy startup Posh raises $3.8m seed round to automate EV battery recycling
Y Combinator alum, Posh, announced it has raised $3.8 million in seed funding. The Bay Area startup automates electric vehicle (EV) battery recycling to build sustainable energy storage solutions.
Cleveland-based tech startup Unify Jobs raises $4.5m to enable diversity, equity and inclusion in hiring
Unify Jobs, an equitable hiring technology company, has raised a $4.5 million seed round led by North Coast Ventures with participation from Jumpstart and several other well-established investors.
Gratuity management startup Kickfin closes $6m Series A to fuel growth across the hospitality industry
Kickfin, the gratuity management software for hospitality, announced it has secured its Series A funding to further accelerate the company's rapid growth.
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.
Nibble Health startup raises $8.5m to humanize healthcare payments
Nibble Health, a B2B healthcare payments company, announced a $8.5 million seed round co-led by Wing Venture Capital and Tiger Global Management, with participation from A* Capital and Expa.
Healthtech startup Spry secures new investment to strengthen its patient management platform
Spry, an end-to-end patient and practice management SaaS platform for physical therapists, announced it has successfully completed a new round of funding to accelerate its mission to build the future of practice management for physical rehabilitation.
Bardeen.ai startup raises $15.3m Series A to bring workflow automation to the masses
Bardeen.ai, the provider of "automation for all" tools, announced an oversubscribed $15.3 million Series A funding round led by global software investor Insight Partners, with participation from existing investors.
Healthtech startup Idoven raises $19.8m funding to redefine detection and precision medicine of cardiovascular diseases
Idoven, a pioneering health tech company advancing early detection and precision medicine of cardiovascular disease, announced it has raised $19.8 million in funding.
Foodtech venture firm Supply Change closes equity investment from Bank of America
Supply Change Capital, a women and Latina powered venture firm investing in early-stage food technology businesses, announced an equity investment from Bank of America.
Nigerian fintech firm VeendHQ secures $330k pre-seed investment to expand operations, scale growth
Nigerian fintech firm VeendHQ announced it has secured $330k pre-seed fund, backed by Magic Fund, The Oak Capital, Future Africa, Berrywood Capital and other angel investors, to expand its operations and scale growth.
Proparco joins forces with Digital Africa to provide financing solutions for African tech startups
As part of its 2022-2025 roadmap, Digital Africa, in partnership with Proparco, will support 200 African startups at different stages of their growth with a wide range of offers at their disposal.
Ugandan fintech platform Tugende closes pre-Series B investment round to accelerate growth
Tugende, the East African fintech platform providing asset financing and digital services to small businesses, announced it has raised a pre-Series B investment round led by current shareholder Partech Africa.
Kenyan insurtech startup mTek secures $3m funding for expansion across the country
On the heels of a recent $1.50 million (KSh 170 million) investment, Kenyan insurtech startup mTek has secured an additional $3 million (KSh 340 million) investment, through both debt and equity from African-focused fintech platform, Finclusion Group.
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.
Live-streaming platform Elevate K-12 raises $40m Series C to address the growing national teacher shortage
Elevate K-12, provider of high-quality live-streaming instruction for US K-12 classrooms, has closed a $40 million Series C round of funding led by venture capital firm General Catalyst.
Israeli AI-powered sales solution Amy raises $6m seed round to boost business professionals' selling power
Amy, the pioneering AI-driven sales intelligence solution that automates pre-meeting prospect research and enables meaningful business connections, announced it has raised a $6m seed round.
Indian no-code mobile startup Plobal raises $8.5m to expand presence in North America
Plobal Apps, a no-code mobile app platform for e-commerce stores, raised $8.5 million, led by Elevation Capital and Bessemer Venture Partners.
Amsterdam-based biotech startup CimCure raises € 5m seed round to advance its cancer vaccine
CimCure, a biotech spin-off of Amsterdam UMC, focusing on the development of a novel vaccine-based cancer immunotherapy through its Immune-Boost (iBoost) technology, announced it has raised little over € 5 million in a financing Seed Round.
MFS Africa raises $100m funding to accelerate its expansion plans across Africa and Asia
MFS Africa, Africa’s digital payments network, announced it has secured an additional $100 million in equity and debt funding led by Admaius Capital Partners, taking the total amount raised in the series to $200 million.
Greentech startup Green Badger receives $1.125m seed funding to manage sustainable construction
Green Badger, the SaaS developer for managing sustainable construction, announced it has received seed funding of $1.125 million in a financing round led by venture capital firm Shadow Ventures.
Community-centered lifestyle startup Saysh closes $8m Series A round to scale growth
Saysh, the community-centered lifestyle brand co-founded by Olympian Allyson Felix and her brother and business partner Wes Felix, announced a Series A round closed at $8 million.
Y Combinator-backed Proper Finance raises $4.3m to create an integrated reconciliation software for fintechs
Proper Finance, the integrated reconciliation and ledger data platform that enables financial technology companies to maintain complete financial accuracy, closed a $4.3 million seed round
Inovia Capital closes $325m early-stage fund to strengthen the Canadian tech ecosystem
Inovia Capital announced it raised $325 million for its fifth early-stage fund, the latest step in its journey to help build global, sustainable companies that strengthen the Canadian tech ecosystem.
Financial wellness startup Benny closes $1m pre-seed round to help employees build wealth with their benefits
Benny, the platform helping consumers build wealth with their benefits, announced its graduation from Techstars Boulder and the closing of a $1 million pre-seed funding round, led by Matchstick Ventures.
DeFi for construction finance startup Rigor raises $3.5m to end housing's affordability crisis
Rigor, an innovative decentralized finance (DeFi) protocol for construction lending and payments, has secured $3.5m in institutional seed financing from an honor roll of venture funders.
Tallinn-based NFTPort raises $26m Series A round to become the leading NFT infrastructure
Estonia's NFTPort announced the closing of a $26 million Series A funding round co-led by Taavet+Sten, the investment vehicle of Taavet Hinrikus and Sten Tamkivi, and Atomico.
Chinese biotech startup Meta Pharmaceuticals raises $15m to accelerate its pipeline development
META Pharmaceuticals, China's first immunometabolism-based small-molecule drug discovery company, announced two consecutive Seed and Pre-A funding rounds totaling $15 million.
Digital wedding planning startup Fêtefully raises $1.3m funding to scale growth
Fêtefully, the revolutionary digital wedding planning platform, closed a seed round of funding worth $1.3 million to allow the company to continue business growth and scale in the marketplace.
Chinese ARHUD solution provider Raythink completes Series A+ financing to accelerate mass production of in-vehicle AR displays
Raythink, the ARHUD solution provider for the automotive and transportation industry, announced it has raised around $15 million in a Series A+ funding round led by Chengwei Capital.
Berlin Business Office launches Skytrain to support U.S. LPs investing into venture capital funds in Berlin
Berlin Business Office announced the launch of Skytrain, a network to support U.S. LPs (Limited Partners) investing into venture capital funds in Berlin.
AfricArena partners with FMO to accelerate tech startups in Ghana, Morocco and Tanzania
AfricArena, the African series of tech events, announced a partnership with FMO Ventures Program, the Rise Open Innovation Challenge, which focuses on accelerating the growth of startups looking to improve the state of Africa.
Early stage VC firm Kairos Ventures closes third fund at $58m
Kairos Ventures, an early stage venture capital firm investing in physical and life sciences, announced the close of its third fund (Fund III), with capital commitments of $58 million.
CoachHub startup raises $200m Series C funding to democratize coaching worldwide
CoachHub, the global digital coaching platform, closed a $200 million Series C funding round, led by Sofina and SoftBank Vision Fund 2. The round will be used to further scale CoachHub's product innovation and operations.
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.
BCG Digital Ventures launches new innovation centers in India and Morocco
BCG Digital Ventures (BCGDV), the corporate innovation and business-building arm of Boston Consulting Group (BCG), is opening innovation centers in New Delhi, Mumbai and Casablanca, Morocco.
Tunisian edtech startup GOMYCODE raises $8m Series A funding to expand across Africa
Tunisian edtech startup GOMYCODE, raised $8.85 million in series A funding, one of the highest African funding this quarter to expand across Africa.
Kenyan fintech startup Power Financial Wellness partners with Penda Health to extend healthcare services to users
Kenyan fintech Power Financial Wellness has signed a partnership agreement with private healthcare solutions provider, Penda Health, to see both companies mutually benefit from their tech services.
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.
German agritech startup CROP.ZONE secures $11m equity funding to expand to new international markets
Aachen-based integrated weed management startup CROP.ZONE announced it has secured $11m equity funding from existing shareholders and new financial investors.
Swedish gaming startup Lurkit raises $2.7m to empower gaming influencer marketing globally
Swedish gaming influencer marketing platform Lurkit has raised $2.7 million in a seed round from industry investors as the company is launching Quests, a new software suite that enables paid sponsorships between live streamers and gaming companies at scale.
CerraCap Ventures invests in soil microbiome focused agritech startup Solena
CerraCap Ventures, a Global Venture Capital fund headquartered in Southern California, announced an investment in Solena AG, a soil microbiome startup helping farmers improve agricultural yields and optimize agrarian input costs.
Decarbon8 investment opportunity open for agritech innovation and decarbonization startups
The Decarbon8 Fund, an impact investment vehicle established by the E8 climate tech investing community and platform, announced a new Request for Proposal (RFP) for companies advancing regenerative agriculture solutions.
B2B e-Commerce and fintech startup Bazaar raises $70m to revamp the retail industry in Pakistan
Bazaar, Pakistan’s B2B e-Commerce and fintech platform has raised $70 million in a Series B financing led by Dragoneer Investment Group and Tiger Global Management.
Utrecht-based same day and next day delivery startup Trunkrs raises €15 million in growth capital
Trunkrs, specialist in same day & next day delivery for the e-Commerce sector, has successfully raised €15 million in a series B investment round. The financing round was led by Korys, the Belgian investment company of the Colruyt family.
[Column] Alexandra Fraser: Angel investors plugging the early-stage funding gap in sub-Saharan Africa
One of the biggest challenges facing entrepreneurial startups in sub-Saharan Africa is funding – particularly early-stage financial support – even though the landscape across the region has evolved over the past few years with more funders and capital deployed in this space.
Business identity startup Middesk raises $57m Series B round to accelerate growth
Middesk, the business identity platform automating business verification and underwriting decisions, announced it has raised $57 million in a Series B round, co-led by New York-based private equity and venture capital firm Insight Partners.
Taiwanese social CRM startup GoSky AI completes undisclosed seed funding round
Taipei-based social CRM startup GoSky AI announced the completion of an undisclosed seed funding round led by 500 Global venture capital firm.
Canadian digital footprint monitoring startup Flare raises CAD$9.5m Series A to democratize cybersecurity
Flare, the leader in digital footprint monitoring, announced a CAD$9.5 million Series A Round led by Inovia Capital with participation from White Star Capital and Luge Capital.
GreenHouse Capital announces 13 African startups selected for the Microsoft scale-up accelerator
GreenHouse Capital has announced the 13 African startups that have been selected for Microsoft scale-up accelerator program. The programme is targeted at startups a the pre-series A stage looking to expand into new markets.
Vietnam's blockchain gaming startup Ancient8 raises $6m to build infrastructure software for GameFi
Ancient8, a GameFi infrastructure developer and Vietnam's largest blockchain gaming guild and community, announced the completion of a $6 million private round of financing led by Makers Fund and C² Ventures.
Dutch fintech Backbase secures €120m funding to accelerate growth
Dutch financial technology company Backbase, the creator of the category-leading Engagement Banking platform, raised €120 million in growth equity funding from Motive Partners.
Amsterdam-based Instant Commerce secures €2m pre-seed funding to boost its headless storefront builder
Amsterdam-based Instant Commerce announced it has secured €2 million pre-seed funding to boost its headless storefront builder.
Tech startup LibLab raises $42m Series A to autogenerate software development kits for API services
LibLab, a developer tools company that offers a SDK-as-a-Service platform for engineering teams, announced it has raised $42 million in Series A funding to enable the expansion of its core software development kit (SDK) code generator services.
Seed-to-Sale software startup Canix raises $10m Series A funding to accelerate growth
Canix, a market-leading cannabis ERP seed-to-sale platform, announced it has raised $10 million in funding from venture capitalists.
Singapore crypto payments startup Request Finance raises $5.5m seed round to accelerate growth
Request Finance, the Web3 enterprise crypto payments startup, has closed a $5.5 million seed round with institutional backers including Animoca Brands, Europe's leading early-stage venture capital investor Balderton Capital, and XAnge.
French startup CleverConnect merges with Talentry to lead talent acquisition in Europe
CleverConnect, a cloud-based recruiting solutions company, announced the merger with Talentry, a Munich-based provider of talent relationship management solutions, to counteract the current unprecedented shortage of skilled workers.
Fabric tech startup Nextiles raises $5m oversubscribed seed round to fuel growth in smart athletics
Nextiles, a smart fabric technology for athletes, announced its $5 million seed round led by Drive by DraftKings, with participation from the NBA.
Nigerian fintech startup Indicina raises $3m seed funding to expand into other African markets
Nigerian fintech startup Indicina announced it has raised $3 million in seed funding round to foster its commitment to the credit value chain.
Ethena raises $30m Series B for modern and effective compliance training
Ethena, a modern compliance training platform, announced it raised a $30 million Series B, led by Lachy Groom, with participation from existing investors including Felicis, Neo, Homebrew, and others.
Early stage venture capitalist ROBUST primed to bridge innovation gap across borders
Venture capital firm ROBUST has launched on the global stage, with an immediate focus on driving investment into disruptive and innovative companies with high growth potential.
Seae Ventures launches $107m Fund to invest in solutions addressing equity gaps in healthtech and fintech
Seae Ventures, a Boston-based venture capital firm dedicated to advancing equity by investing in women and Black, Indigenous and People of Color (BIPOC) entrepreneurs, has launched its inaugural fund of $107m.
Oslo-based Findable secures €2m seed round for its first-to-market building documentation automation platform
Findable, the Oslo-based startup that automates building documentation using Artificial Intelligence (AI), raised a €2 million seed round led by KOMPAS, with participation by Construct Venture.
Constant Ventures launches $100m venture capital fund to invest in tech startups across West Africa
Constant Ventures, a part of the Constant Group, is raising a $100 million venture capital fund to invest across a range of technology startups with a focus on financial inclusion, education and healthcare.
Investing platform Pluto raises $4m seed round to make systematic investing accessible
Pluto, a free investing platform that makes it easy for stock market traders to enhance their efforts with systematic investing, has closed a $4 million dollar seed round led by at.inc/ Nadav Eylath.
Stellate raises $30m funding to build the global data graph
Stellate, formerly known as GraphCDN, is bringing its expertise in GraphQL APIs to the masses with the help of a $25 million Series A from Tiger Global and a $5 million seed round led by boldstart ventures.
BRV China-backed eVTOL startup Zerog closes $1.48m seed round to accelerate growth
Zerog, a Chinese electric vertical take-off and landing (eVTOL) aircraft developer, completed a $1.48 million seed round with BlueRun Ventures China (BRV China) as the sole investor.
Kenyan E-health startup Maisha Meds hits 1000 active facilities, expands to Nigeria
Kenyan digital pharmacy network Maisha Meds announced it has reached1,000 active facilities, making it one of the largest digital pharmacy networks in sub-Saharan Africa.
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.
Oregon-based Dutch Bros raises $2.3m to help end ALS
Dutch Bros, a drive-through coffee chain headquartered in Grants Pass, Oregon, announced that together with its customers, raised a record breaking $2.3 million during its 16th annual Drink One for Dane day.
Temasek launches investment platform GenZero to accelerate decarbonisation globally
Temasek announced the launch of GenZero, a wholly-owned investment platform company dedicated to accelerating decarbonisation globally.
Santa Barbara Venture Partners launches $11m Fund to help companies accelerate customer acquisition
Venture capital firm Santa Barbara Venture Partners (SBVP) announced the final close of its $11 million inaugural Fund I focused primarily on investing in tech and tech-enabled firms.
Nigerian edtech startup Afrilearn attracts UNICEF Innovation Fund
Nigerian edtech startup Afrilearn has emerged as the only Nigerian startup to join the latest cohort of the UNICEF Venture Fund.
Ugandan fintech startup Eversend rebrands, announces new features
Eversend, a Ugandan fintech startup providing cross-border money transfers for Africans and Africans in the diaspora has rebranded, to reinforce its commitment to users with an all-inclusive payment platform and a modified look to support this transition.
Constrafor raises $100m+ to increase the construction industry's productivity, dispel cash flow problems
Constrafor, a SaaS construction procurement platform with embedded financing, announced its $100 million+ Seed fundraise in debt and equity to build out new functionality.
RH Capital announces three new investments to improve women's heath
RH Capital, the women's health venture capital fund, announced three new investments to improve health outcomes for women in the US.
Text messaging startup Prokeep raises $9m to modernize distributor communications and commerce
Prokeep, the communications and commerce platform built exclusively for distributors, announced the closing of $9 million seed round.
SaaS recruitment startup HourWork raises additional $2.5m funding to accelerate growth
HourWork, a SaaS recruitment and retention platform for quick-serve restaurant (QSR) franchise owners, announced the closing of $2.5 million in additional Series A funding led by MassMutual's MM Catalyst Fund (MMCF).
Binance Labs closes $500m investment fund to boost blockchain, Web3 and value-building technologies
Binance Labs, the venture capital and incubation arm of Binance, announced the closing of $500 million investment fund to invest in projects that can extend the use cases of cryptocurrencies.
Indonesian social commerce startup Super completes $70m oversubscribed Series C round
Super, an Indonesian social commerce platform serving tier-2 and tier-3 cities and Indonesian rural areas, announced it completed a $70 million oversubscribed Series C round led by NEA with additional investment from Insignia Ventures Partners.
Vancouver cleantech startup VoltSafe introduces electrical technology to reduce the effects of inflation
Vancouver cleantech startup VoltSafe has introduced a new electrical technology to reduce inflation effects in marine, automotive and housing industries.
Swiss Web3 payment startup DePay brings Web3 P2P payment gateway to eligible Shopify merchants
Swiss Web3 payment startup DePay, announced its official integration into omnichannel commerce platform Shopify, allowing for the very first integration of a wallet-to-wallet (P2P) payment solution for eligible Shopify merchants.
Upcycling startup Novoloop extends Series A round to $21m to develop industrial capabilities
Advanced upcycling startup Novoloop nnounced it has expanded its Series A to $21 million through an oversubscribed extension led by Mistletoe Singapore and Hanwha Solutions.
Data analytics startup Gigasheet closes $7m Series A to democratize big data analysis
Gigasheet, a startup that brings data science and big data analytics capabilities to anyone who can use a spreadsheet, announced it has closed $7 million in a Series A funding round.
UAE fintech startup Pemo launches all-in-one spend management platform for MENA SMEs
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.
Indian data insights startup Synaptic raises $20m Series B funding to accelerate growth
Synaptic, an alternative data insights startup, announced the successful closure of $20 million in Series B funding round led by Valor Equity Partne
Nutrition startup Culina Health raises $4.75m funding to democratize access to clinical nutrition
Culina Health, Co-founded by Registered Dietitian Vanessa Rissetto and Steven Kuyan, announced it has secured $4.75 million in seed funding.
Birmingham-based startup Astound raises $1m seed round to improve university access to corporate-sponsored research funding
Astound, a Birmingham-based startup, secured $1 million in seed funding to develop the first marketplace to allow research institutions and universities to easily find corporate sponsors.
Bonfire Ventures raises $230m for two new funds to help B2B software startups beat the odds
Bonfire Ventures, the firm helping seed-stage B2B software companies beat the odds, announced the close of its third core seed fund at $168 million, and its second opportunity fund, at $63 million.
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.
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.
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.
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.
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.
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.
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.
[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.
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.
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.
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.
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.
[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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
[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.
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.
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.
SWARM Engineering startup raises $2.7m in seed funding led by S2G Ventures and Serra Ventures
SWARM Engineering, the next generation of cognitive software for the food supply chain, announced it closed funding for a $2.7 million seed round.
HawkEye 360 secures $55m Series C funding round to support expansion of satellite startup's infrastructure
HawkEye 360, the global commercial provider of space-based radio frequency (RF) data and analytics, announced it has secured $55 million in additional funding, bringing its total raised to over $155 million.
Berkeley-based incubator Batchery announces new cohort of startups, "Batch 12"
Eleven early-stage startups have joined the Batchery's three-month Deep Dive program for entrepreneurs. The program focuses on helping startups get over their first set of growth hurdles.
Cyber security startup Calamu raises $2.4m seed to pioneer auto-healing data protection
Calamu, a data protection and resiliency trailblazer, announced it has emerged from stealth after closing $2.4 million in an oversubscribed seed round.
QBE seeks entrepreneurs and start-ups to create more resilient cities
QBE North America has partnered with non-profit organization Leading Cities to launch the QBE AcceliCITY Urban Resilience Challenge for the third consecutive year.
Nigerian tech start-up Newwaves Ecosystems launches Africa’s first virtual meeting solution
Known as Konn3ct, the new App was developed by a young company, called Newwaves Ecosystems, led by former Chams Nigeria executive, Femi Williams.
OpenBots startup secures $5m of capital in seed funding to democratize automation technologies
OpenBots, the enterprise RPA platform with its innovative zero-cost bot licensing model, announced the raise of $5 million from undisclosed private investors in its capital seed round.
Polymer Solutions closes $1m seed round to secure SaaS platforms
Polymer Solutions, the 'virtual compliance officer' for SaaS, a next-gen data loss protection platform, announced the closing of its $1 million seed funding.
Clinical data analytics technology innovator SciMar ONE selected to join Microsoft for Startups
SciMar ONE has been selected as the newest member of Microsoft for Startups to help scale its proprietary artificial intelligence (AI)-powered drug development platform, The Scientific Data Engine (SDE).
Angolan startup Manifexto creates fact-checker based on Artificial Intelligence
Manifexto, a startup from Angola, has created a fact-checker based on Artificial Intelligence. Known as Nuxo, the solution uses a machine learning algorithm that allows quick and accurate identification of fake news.
[Startup Interview] Noel Wilson, Lars Evers, Founders, Jellow, Netherlands
Jellow is an on-demand freelance startup that seeks to connect companies with freelancers directly eliminating the hustle that comes with using intermediaries. The startup’s founders Noel Wilson & Lars Evers explain.
[Interview] Esinam Yevu, Co-Founder, PayBox, Ghana
Esinam Yevu is Co-Founder and Communications Lead at Ghanaian fintech startup, PayBox
SOSA teams up with the CTA to scale Canadian cyber startups in the U.S
SOSA, the global open innovation company, announced its partnership with the Canadian Technology Accelerator (CTA), to launch the next CTA Cybersecurity, Privacy & Compliance Virtual Program in New York.
Tech startup Fast reopens San Francisco headquarters
In accordance with local guidelines, Fast became one of the first companies to reopen its San Francisco headquarters at 25% capacity on March 24.
Canadian startup Arteria AI raises $11m on oversubscribed Series A to accelerate growth in global financial institutions
Arteria AI, a global player in enterprise digital contracting, announced the closing of an oversubscribed Series A funding round, led by Information Venture Partners and Illuminate Financial Management.
No-code business intelligence startup y42 raises $2.9m for scalable and affordable data stack
y42 (formerly Datos Intelligence), a no-code business intelligence platform, announced a seed round of $2.9 million, led by La Famiglia VC. Additional investors include the co-founders of Foodspring, Personio and Petlab.
Czech startup Tropic Square receives €4m investment to develop first open-source security chip in the world
Czech startup Tropic Square, which is part of SatoshiLabs Group, is planning to finalize development and start testing the first fully transparent and auditable security chip in the world.
UK's Cyber vulnerability startup RankedRight secures $500K in seed funding
RankedRight, the new platform which has been predicted to supercharge the efficiency of IT security teams across the world, secured $500,000 in seed funding.
Kenyan startup Ajua, MTN Nigeria launch Customer Management mobile app for SMEs
Kenyan based startup Ajua has partnered with MTN Nigeria to launch EnGauge, a digital e-Commerce customer engagement management mobile app to support SMEs.
Boost Ghana and KudiGo selected for Catalyst Fund Inclusive Digital Commerce accelerator
The Catalyst Fund Inclusive Digital Commerce Accelerator announced the first cohort of digital commerce companies to be scaled, with the goal of improving the livelihoods of informal MSEs in Ghana.
Nigerian startup Kwik Delivery officially launches its just-in-time delivery service in Abuja
Nigerian startup Kwik Delivery announced it officially made available its breakthrough, just-in time delivery service to businesses, government agencies and merchants in Abuja.
IFC invests in Savannah Fund to support Africa’s tech startups funding growth
IFC announced an investment in the Savannah Fund, a technology seed fund in Africa, to increase lending to startups across sub-Saharan Africa with a focus on supporting women entrepreneurs and disruptive companies in high-growth sectors.
Riviera Partners creates Riviera Ventures through Arete Partners acquisition
Riviera Partners, the Executive Search firm for engineering, product, and design leadership roles, announces the strategic acquisition of Arete Partners.
Three Kenyan startups among recipients of $2m African Jua fund
Three startups from Kenya are among the recipients of the inaugural $2 million Jua Fund, the largest African venture capital fund by a private individual.
Exabel closes $9m seed round to accelerate new data partnerships, launches alternative data insights product
Exabel, the simple-to-use Al, analytics and data platform for investment teams, announced it has closed a fourth seed investment round from investor AWC, bringing its total capital raised to over $21 million.
British startup QUVRY launches free iOS videocasting app for high-quality video calls
British startup QUVRY announced the launch of its free iOS videocasting app for high-quality video calls, to transform the video call experience.
7T launches Foundation Program to propel startups forward with innovative mobile apps & custom software
Cutting-edge Dallas software development company 7T, Inc. has officially re-launched its Foundation Program, designed to provide startups with an actionable implementation plan for the development of a custom mobile app or software platform.
3Lines VC invests in deep tech startup Edgetensor
3Lines Venture Capital announced it is leading the investment in a bridge to Series A round for Dallas,TX, based Edgetensor Technologies, an early stage company pioneering a revolutionary 'AI at the Edge' technology.
Cybersecurity startup ActZero announces its public launch with $40 million investment
ActZero, a cybersecurity startup whose mission is to make cybersecurity accessible and scalable to small and mid-sized businesses by complementing managed detection and response services with artificial intelligence, announced its public launch.
Digital marketing startup Rollick secures $8.5m in funding
Rollick Inc., which operates the GoRollick Powersports, RV, and Boat Buying Program Marketplace, announced the closing of $8.5 million in funding.
Companion raises $8m seed round to use machine learning and computer vision to talk to dogs
Companion announced $8 million in Seed funding to transform how people train, engage and communicate with their dogs. The funding comes from leading institutional investors and VCs along with some of the largest pet companies and charities in the world.
Startup Space announces two new hires to fuel growth, continue expansion
Startup Space, the innovative platform for entrepreneurship community building, announced the appointment of Reneida Leon as Head of Product and Molly King as Associate Director of Client Experience.
Indian tech startup Mokusei announces $500 Press Challenge
Social impact & education centric tech startup Mokusei Intelligence (Mokusei), which funds & sponsors up to 100% of education or travel expenses of people, is on the lookout for talented communicators for their upcoming projects.
Interlace Ventures adds new venture partners to expand strategic investments in tech-enabled commerce
Interlace Ventures announced it has expanded its team with two commerce technology luminaries. Vibhu Norby and Sydney Werber will join as venture partners while retaining their respective roles at b8ta and Avise.
Remote collaboration startup Parabol raises $8m in Series A funding led by Microsoft's M12
Parabol, an Agile meeting platform, secured a Series A investment of $8 million led by M12, Microsoft's venture fund, with continued participation from CRV, Haystack, Techstars, and others.
Silicon Road Ventures announces $31m close of fund
Silicon Road Ventures today announced the close of its $31 million fund focused on commerce tech. Silicon Road invests in US-based technology startups ranging from seed to series A across e-commerce, retail and CPG.
Nigerian startup Kwik Delivery expands its delivery service to 4-wheels vehicles
Kwik Delivery has announced today that it is expanding its app-based breakthrough delivery service to 4-wheels delivery vehicles.
African focused VC HAVAÍC announces the launch of its newest fund
Following a successful 2020 comprising eight new investments and three international exits, African focused venture capital (VC) investor HAVAÍC has announced the launch of its newest fund.
AI startup Roviero raises $6.6m oversubscribed Seed round to deliver full stack Native Graph AI Processor
Roviero, a Silicon Valley artificial intelligence startup, received $6.6 million in Series Seed funding to build a disruptive and industry first Native Graph AI Processor.
Detroit-based tech startup InvestNext raises $600K seed round to democratize real estate investing
InvestNext, the technology company that streamlines fundraising, communication and payout for real estate investors, announced the closing of a seed round of $600,000 to grow its team and online platform.
Fintech startup Finix exceeds $100m in funding, adds execs from Google, Tesla, and Uber to its C-Suite
Finix, the payments infrastructure company helping vertical SaaS companies transform their businesses through payments, surpassed $100 million in total funding, allocating 10% of its most recent funding round for Black and Latinx investors.
Greek startups put out a call for international talent
Endeavor Greece, the Greek chapter of the global organisation supporting the rise of new ecosystems, announced it will launching a new platform targeting skilled tech experts abroad, both Greek and non-Greek.
[Startup Interview] Aaron Mirck, Co-Founder, Presscloud, Netherlands
Dutch startup Presscloud allows companies to handle public relations without the need for an agency by training users on the ABCs of PR and connecting them to a database of journalists and an online newsroom.
Tallinn-based venture capital fund Yolo invests in digital marketing specialists eCartic
Venture capital fund Yolo Investments has made a significant investment into digital marketing specialists and venture hub eCartic.
Teleporter mobile app 360VUZ joins first "Google for Startups Accelerator" in the MENA region
360VUZ, the immersive video mobile app was selected to join the first ever "Google for Startups Accelerator" in the MENA region, that is held by Google as part of its "Grow Stronger with Google Initiative"
Async Art startup secures over $2m in seed funding
Async Art a Silicon Valley-based art platform revolutionizing the digital art NFT space, announced it secured its primary seed funding.
Cyber security startup SPHERE secures $10m in Series A funding for expansion
SPHERE, a woman-owned cybersecurity business focused on providing best-of-breed software and services for access governance across data, platforms and applications, announced a $10 million series A round led by ForgePoint Capital.
HAVAÍC predicts bumper year for African tech startups
As one of South Africa’s most active Venture Capital investors, HAVAÍC says 2020 saw the commercial adoption of technology increase at unprecedented rates, as illustrated by the performance of HAVAÍC and its portfolio companies.
Founders Future raises additional €50m to accelerate its Tech for Good investments
Founders Future, a venture studio involved in Seed and Series A, announced its new investment capital. With the objective of a new €50 million vehicle by the end of 2021, Founders Future has already raised 40% of the total amount.
Nationwide doubles down on venture capital efforts, expands investment fund to $350m
Nationwide announced the expansion of its venture capital investment fund to $350 million, to be directed into high-growth potential insurance and financial services startups that directly advance Nationwide's strategy.
Data privacy tech startup WireWheel raises $20m in Series B funding for market expansion
WireWheel, a data privacy technology platform, announced $20 million in Series B financing led by ForgePoint Capital, with existing investors also participating in the round, bringing total capital raised by the company to $45 million.
Tech startup Bodyguard expands into the US to protect social media users from toxic online content
Bodyguard, the technology startup that protects users from cyber harassment, hate speech and toxic content online, launched a major US expansion at CES 2021, in line with its vision of creating a safer web around the world.
Software reliability startup Nobl9 secures $21m Series B funding
Nobl9, the software reliability platform company, secured $21 million in Series B funding and launched its flagship product to define the landscape of the next major innovation in cloud infrastructure operations.
Georgia startup BRAVE Innovations races to complete AI-powered voice screening tool to crush COVID-19
With innovative AI methods and algorithms, BRAVE Innovations is working tirelessly to increase the number of confidential voice samples recorded at COVIDvoice.net to launch a voice-based COVID-19 screening tool.
Venture philanthropy platform Sparo joins Microsoft for Startups program
Maryland-based early-stage company Sparo has joined the Microsoft for Startups program to scale its trademarked Purchase with a Purpose platform on Microsoft Azure.
[Startup Interview] Wayne Madhlangobe, Co-Founder, Intelius AI, Canada
Intelius AI is a Canadian startup offering an array of advanced analytics consulting services across industries and assisting businesses to leverage artificial intelligence to make confident and informed decisions. The startup's co-founder and CTO, Wayne Madhlangobe, explains.
Startup studio 1888EC partners with Mastercard Foundation to create digital solutions for tourism sector in Ethiopia
Startup studio 1888EC announced a partnership with the Mastercard Foundation to create Ethiopia's first travel and leisure platform aimed at creating digital solutions and job opportunities within the contry's tourism sector.
Panoramic Ventures launches with $300m fund
Panoramic Ventures announced its formation through a partnership between highly successful entrepreneur and investor Paul Judge and BIP Capital.
Taiwanese blockchain startup ITM collaborates with Microsoft and MediaTek to create out-of-the box solutions for enterprises
Taiwanese blockchain solutions provider International Trust Machines Corporation (ITM) has collaborated with Microsoft and joined MediaTek AIoT Ecosystem to create out-of-the box solutions for enterprises to use blockchain for IoT.
Boston-based data insights startup Resultably helps businesses understand and predict workforce efficiency
Resultably, a data insights platform powered by artificial intelligence (AI) and machine learning launched publicly, integrating with business tools Google, Microsoft, Zoom, Slack, and Zenefits to help companies unlock business insights.
Israeli AI startup Datomize secures $6m seed round for enterprise grade synthetic data solution
Israeli AI startup Datomize announced the completion of its $6 million seed funding round for the commercialization of its synthetic data solution that accelerates time to market for artificial intelligence (AI)/machine learning (ML) models and new products.
Healthtech startup HealthTensor raises $5m to augment medical diagnosis with AI
HealthTensor, an artificial intelligence company that is creating software to help augment medical decision making, announced it has raised a $5 million seed round of financing led by Calibrate Ventures, TenOneTen Ventures, and Susa Ventures.
Belgian startup Soda raises €11.5m Series A funding to bring everyone closer to data
Soda announced it has raised €11.5 milion Series A financing to accelerate the development of its data monitoring platform that streamlines how teams find the data worth fixing.
Second Front Systems extends seed round funding to $8.1m for immediate impact to national security
Second Front Systems (2F), a public benefit software company that equips defense and national security professionals for long-term, continuous competition for access to emerging technologies, announced an oversubscribed extension of $2.1 million.
Ohio-based geometric deep-learning startup Physna raises $20m Series B funding
Physna, the geometric deep-learning and 3D search solutions company, announced it raised $20 million in Series B funding.
African startup StarNews Mobile launches incubator for South African youths interested in digital film
StarNews Mobile launched its grassroots Youth Initiative incubator in partnership with Solutions on Point to empower young individuals interested in the digital film industry in South Africa.
Former Mastercard President launches Global PayTech Ventures
The former President of Mastercard Europe, Javier Perez, announced the launch of Global PayTech Ventures (GPT), the first venture capital firm focused exclusively on ground-breaking payment technology.
VentureIsrael leads $2.2m seed round in Israeli's maritime cyber security startup Cydome
Israeli early-stage deep tech fund VentureIsrael led Cydome's seed investment round of $2.2 million with participation of private investors from Israel and Singapore.
Canadian startup Tealbook raises $14.4m Series A funding to accelerate growth
Tealbook, the Trusted Source of Supplier Data, announced it closed $14.4 million on the heels of tremendous growth, in an A round with lead investor, RTP Global.
Digital-legacy startup GoodTrust raises $2.3m in seed funding round, launches new platform
GoodTrust, the digital-legacy platform startup, announced it closed a $2.3 million seed funding round led by Bling Capital, Synetro Ventures, Azure Capital Partners and Silicon Valley angel investors including Nikesh Arora, Bobby Lo and Christian Wiklund.
Insurtech startup Joshu raises $3.7m seed round to digitize and modernize commercial insurance
Joshu, an insurtech company that helps insurance carriers launch online distribution channels, announced it closed $3.7 million in seed funding led by Blumberg Capital.
British adtech startup Illuma Technology joins PwC's Raise programme
British adtech startup Illuma Technology, an independent contextual AI specialist, has been selected for capital fundraising through PwC's Raise programme.
Echelon Capital to invest $1 million in early-stage tech startups in Nigeria
Echelon Capital has announced plans to inject $1 million in funding in Nigerian tech startups beginning February 2021.
VC-backed free money transfer service Taptap Send launches in Kenya
Taptap Send, a venture-backed startup that lets immigrants send money back home to emerging markets instantly has launched in Kenya.
Analytics startup Quantifind secures $22m financing to accelerate market for automated financial crime and risk investigation
Quantifind, a provider of solutions that use data science to help automate financial crimes investigations announced a strategic growth funding round of $22 million.
Personio secures $125 million funding as it builds Europe’s top HR platform for SMEs
Personio, the all-in-one HR platform, has announced $125 million of new and preemptive Series D funding in an investment round that values the business at $1.7 billion.
University of Chicago’s Polsky Center launches tech accelerator programme for early-stage startups
The Polsky Center for Entrepreneurship and Innovation at the University of Chicago has launched the Compass, a first-of-its-kind deep tech accelerator program for early-stage startups.
Investcorp acquires SaaS based e-commerce solutions provider Unilog
Investcorp has announced that it has entered into an agreement to acquire Unilog, a Software as a Service (SaaS) based e-commerce solutions provider to small and medium businesses based in the United States.
Cybersecurity startup SecurityGate.io releases product update to help security leaders identify overlooked people, process risks
SecurityGate.io, a risk management SaaS (Software as a Service) for critical infrastructure cybersecurity, announced the release of their new PPT Insight.
VentureIsrael invests in Israeli startup QuantLR, developer of affordable quantum cryptography solution
An Israeli deep tech fund VentureIsrael participated in QuantLR's investment round alongside equity crowdfunding platform OurCrowd, as well as Jerusalem's early-stage fund and incubator Labs/02.
AI software startup Simporter raises $600K seed round, adds former Nielsen CEO to Board
Simporter, a SaaS startup that uses Artificial Intelligence to predict consumer demand for new products, closed a $600,000 seed round led by European accelerator Startup Wise Guys.
Rescale named to Y Combinator's top companies list
Rescale, the hybrid HPC cloud platform enabling intelligent computing for digital R&D, was named to Y Combinator's Top Companies list, reaffirming its position as a power player among startups.
Minna Technologies raises €15.5 million to expand open banking tech to banks globally
Subscription management software tool Minna Technologies has raised €15.5 million in Series B fundraising led by Element Ventures.
realme promises more products in 2021 as it cements Kenyan market share
Phone manufacturer realme is promising to grow its Kenyan foothold in 2021 through release of new products, riding on a successful 2020.
Tech startup Drata raises $3.2m in seed funding, launches platform to automate SOC 2 Compliance
Drata, a next-gen compliance and security automation company, came out of stealth and announced $3.2 million in seed funding led by Cowboy Ventures and participation from Leaders Fund, and SV Angel.
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