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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3850877 | Tags:

























































Insurtech startup QuoteWell comes out of stealth, raises $15m Series A funding round
Published: 25-10-2023 | 12:00:00 | By: Pie Kamau
QuoteWell has announced the launch of its brokerage operations.


Dublin-based Kota raises €5m to enable employers to cover employees’ benefits
Published: 25-10-2023 | 10:15:00 | By: Pie Kamau
Kota, an all-in-one platform to automate insurance, has raised €5m seed round.


RespirAI partners with Mayo Clinic to develop AI respiratory platform
Published: 19-10-2023 | 13:38:00 | By: Pie Kamau
RespirAI Medical has entered into a collaboration with Mayo Clinic for developing a wearable AI-based home monitoring platform for respiratory diseases.


German insurtech Getsafe acquires French startup Luko to expand its European presence
Published: 17-10-2023 | 13:09:09 | By: Pie Kamau
Getsafe has entered into an agreement to acquire French insurtech Luko.


French insurtech startup Orus raises €11m funding to expand its services in Europe
Published: 11-10-2023 | 11:43:00 | By: Pie Kamau
French insurtech startup Orus has raised €11 million in Series A funding.


Israeli precision irrigation management startup Treetoscope closes $7m seed round to fuel growth
Published: 06-10-2023 | 12:35:00 | By: Pie Kamau
Treetoscope has closed $7m seed round.


Insurtech startup Allium secures $750k funding to revolutionize insurance data analytics
Published: 04-10-2023 | 13:39:00 | By: Pie Kamau
Allium Data announced the close of $750k pre-seed funding round.


Israeli AIOps startup Senser launches with $9.5m to disrupt legacy observability technology
Published: 29-09-2023 | 09:47:00 | By: Pie Kamau
Senser has emerged from stealth with $9.5m in seed funding.


Kayna insurtech raises €1m to revolutionize small business insurance
Published: 21-09-2023 | 12:56:00 | By: Pie Kamau
Kayna insurtech has closed a €1m pre-seed funding round.


Kenyan insurtech startup Turaco acquires Ghana’s MicroEnsure
Published: 20-09-2023 | 12:57:00 | By: Pie Kamau
Turaco, the Kenyan insurtech startup, has acquired MicroEnsure Ghana from MIC Global.


Creative tech startup Artlist launches 100K Fund to support video creators
Published: 14-09-2023 | 11:11:00 | By: Pie Kamau
Artlist has launched a 100K Fund, a unique one-time grant offered to creators.


Nevia Bio completes $3m seed round to build a platform for early detection of women-related diseases
Published: 04-09-2023 | 15:40:00 | By: Pie Kamau
Nevia Bio has completed $3.1m seed round.


Mitsui Sumitomo Insurance Venture Capital joins Israeli startup nT-Tao's Series A funding round
Published: 04-09-2023 | 14:00:00 | By: Pie Kamau
Mitsui Sumitomo Insurance Venture Capital has joined nT-Tao's Series A funding round.


[Introducing Vouch Horizon] A new approach to insurance for scale-stage startups
Published: 01-09-2023 | 10:47:00 | By: Pie Kamau
Vouch, a pioneer in business insurance for VC-backed startups, unveils Vouch Horizon.


Irys Insurtech closes $3.5m seed round to take on legacy competitors
Published: 25-08-2023 | 11:27:00 | By: Pie Kamau
Irys Insurtech has closed a seed funding round of $3.5 million.


BBT.live extends seed funding to $8.4m for secured connectivity as a service
Published: 22-08-2023 | 11:53:00 | By: Pie Kamau
BBT.live has extended its seed funding round to $8.4 million.


Medicare startup MyPlanAdvocate acquires Eversurance to grow the health insurance market
Published: 17-08-2023 | 13:02:00 | By: Pie Kamau
MyPlanAdvocate (MPA), has announced the acquisition of Eversurance.


Berlin-based insurtech startup SureIn closes €4m designed for Europe's SMBs
Published: 15-08-2023 | 11:00:00 | By: Pie Kamau
Berlin-based insurtech startup SureIn has closed a €4 million Seed round.


Fintech startup Okoora fuels Paysend's Israeli market entry
Published: 07-08-2023 | 15:10:00 | By: Pie Kamau
Okoora, the Swiss-Israeli fintech startup has partnered with Paysend.


Functional Finance raises $8m to expand operational efficiency for the insurance industry
Published: 07-08-2023 | 14:45:00 | By: Pie Kamau
Insurtech startup Functional Finance secures $8m in seed capital.


SynBio startup Enzymit announces breakthrough in cell-free hyaluronic acid production
Published: 03-08-2023 | 14:03:00 | By: Pie Kamau
Enzymit announced its success in synthetically producing hyaluronic acid (HA).


Israeli social commerce startup Terrific completes its seed round of financing
Published: 21-07-2023 | 13:07:00 | By: Pie Kamau
Israeli social commerce startup Terrific has completed its seed round of financing.


TLV Partners achieves $1b, launches $250m early-stage Israeli startups Fund V
Published: 18-07-2023 | 10:16:00 | By: Pie Kamau
TLV Partners announced $1 billion in assets under management (AUM).


Startupbootcamp AfriTech opens cohort 4 of its ASIP accelerator program
Published: 17-07-2023 | 10:24:00 | By: Pie Kamau
Startupbootcamp AfriTech has opened applications its ASIP accelerator program.


1Fort raises $2m to automate and simplify cyber insurance for businesses
Published: 28-06-2023 | 10:16:00 | By: Pie Kamau
1Fort has completed a successful $2 million pre-seed round financing.


Federato raises $25m Series B funding to continue catalyzing insurance's "AI moment"
Published: 27-06-2023 | 18:03:00 | By: Pie Kamau
Federato has raised $25 million in Series B funding led by Caffeinated Capital.


Chatbots with fraud detection software are revolutionizing underwriting, Plug and Play
Published: 14-06-2023 | 16:38:00 | By: Pie Kamau
Chatbots are dramatically reshaping the insurance industry.


Web3 and the rise of the digital asset investor, Plug and Play
Published: 07-06-2023 | 15:23:00 | By: Pie Kamau
Web3 is a more decentralized system for sharing data and managing digital assets.


Travel insurtech startup Faye lands $10m Series A funding
Published: 26-05-2023 | 10:48:00 | By: Pie Kamau
Travel insurance startup Faye, announced it has raised $10 million in Series A funding.


Israeli fintech startup Firmbase emerges from stealth with $12m funding
Published: 23-05-2023 | 10:18:00 | By: Pie Kamau
Firmbase, an Israeli finance tech startup has emerged from stealth with $12m funding.


Start-Up Nation Central collaborates with Microsoft to promote Israeli agri-food tech startups
Published: 16-05-2023 | 12:08:00 | By: Pie Kamau
Start-Up Nation Central has collaborated with Microsoft to promote Israeli agri-food tech startups in the international marketplace.


The Futurelist launches to connect Africa's tech startups to global investors
Published: 16-05-2023 | 11:37:00 | By: Pie Kamau
African Leadership International (ALI), has obtained the rights to the 'Global Finder' platform for tech startups from Israel-based Start-Up Nation Central (SNC).


Arieli Capital, Slovenia government launch second cohort of Slovenia-Israel Accelerator program
Published: 12-05-2023 | 14:13:00 | By: Pie Kamau
Arieli Capital and the Slovenia government have joined forces to launch the second cohort of the Slovenia-Israel Accelerator program.


Catalyst Funds closes its fourth Fund to support next-gen entrepreneurs and innovators in Israel
Published: 11-05-2023 | 14:04:00 | By: Pie Kamau
Catalyst Funds announced the closing of its fourth Fund – Catalyst IV, that will manage assets of $150 million. The new fund will invest in growth companies in various sectors.


Five tech startups join Northwestern Mutual Black Founder Accelerator program
Published: 05-05-2023 | 16:51:00 | By: Pie Kamau
Northwestern Mutual, in partnership with gener8tor, announced the addition of five promising tech startups to its innovative Black Founder Accelerator program.


Mitsubishi Electric’s Innovation Fund invests in Israeli cybersecurity startup SCADAfence
Published: 20-04-2023 | 14:17:58 | By: Bob Koigi
SCADAfence provides visibility to networks that support industrial systems and critical infrastructure, in an age where various types of malware, are threatening industrial systems and critical infrastructure, frequently shutting down their control systems and causing serious incidents.


Insurtech startup Turaco and Airtel Money launch low-cost hospital cash insurance product in Uganda
Published: 23-03-2023 | 12:06:00 | By: Pie Kamau
Kenyan and Ugandan insurtech startup Turaco, has partnered with Airtel Mobile and Prudential Assurance to launch a low-cost hospital cash insurance product with Funeral Benefit. 


Israeli AION Labs launches AI startup for De Novo antibody design
Published: 06-03-2023 | 10:49:00 | By: Pie Kamau
AION Labs announced the formation of DenovAI, the lab's second startup approved by the Israel Innovation Authority.


Hong Kong insurtech startup Bowtie appoints James Lau as Independent Non-Executive Director
Published: 02-03-2023 | 09:58:00 | By: Pie Kamau
Bowtie, Hong Kong’s first virtual insurer, announced the appointment of James Lau to its Board of Directors as an Independent Non-Executive Director.


Videocites partners with NBA to provide greater insights into league’s social media exposure with initial closing of Series B funding
Published: 02-03-2023 | 08:54:00 | By: Pie Kamau
Videocites, creator of the next-generation analytics solution that reveals the true social footprint created by fans and partners on social media, announced the initial closing of a Series B round.


Hong Kong insurtech startup Bowtie revolutionalizes traditional insurance industry with technology
Published: 28-02-2023 | 12:44:00 | By: Pie Kamau
In today’s digital age, many industries have begun to introduce emerging technologies to develop innovative services. The transformation and upgrading of the insurance industry is also in full swing.


IFC, DEG, Hollard, and Yellowwoods invest in South African insurtech startup Naked to boost insurance accessibility
Published: 17-02-2023 | 09:54:00 | By: Pie Kamau
IFC, the German Development Finance Institution (DEG), Hollard, and Yellowwoods, jointly announced an investment in South African insurtech company Naked to expand access to insurance products.


Insurtech startup Lami joins forces with Unchorlight to provide insurance covers for Boda Boda riders in Kenya
Published: 17-02-2023 | 07:59:18 | By: Pie Kamau
Digital insurance provider Lami Technologies is partnering with Unchorlight Kenya (UNK), to provide boda boda riders in the country with access to suitable and reliable insurance covers. 


Insurtech startup OpenEyes emerges from stealth with $23m Series A funding
Published: 15-02-2023 | 14:14:00 | By: Pie Kamau
OpenEyes, an insurtech company serving commercial automotive fleets, today emerged from stealth with $18 million in Series A funding led by global software investor Insight Partners and Pitango First.


Israeli foodtech startup Meala secures $1.9m pre-seed round to improve plant-based foods
Published: 10-02-2023 | 09:24:00 | By: Pie Kamau
Startup Meala FoodTech, the developer of a functional protein platform, announced the close of $1.9 million in pre-seed investment. The round was led by The Kitchen FoodTech Hub.


RIMAC Seguros joins Plug and Play's health platform in Silicon Valley
Published: 25-01-2023 | 10:45:00 | By: Pie Kamau
RIMAC Seguros, an insurance company in Peru with 3 million customers, has entered into a strategic partnership with Plug and Play Tech Center, the world's corporate innovation platform based in Silicon Valley.


Business-focused insurtech Coverdash announces launch after oversubscribed seed round
Published: 24-01-2023 | 12:37:00 | By: Pie Kamau
Coverdash, a fully-digital business insurance startup providing simplified insurance solutions to businesses of all shapes and sizes, announced the company's official launch and the closing of an oversubscribed seed funding round.


Israeli startup aiOla raises $25m to interface natural language to AI solutions in traditional manufacturing
Published: 24-01-2023 | 12:13:00 | By: Pie Kamau
Israeli startup aiOla announced it has secured $25 million in funding led by New Era with the participation of Hamilton Lane and other investors.


5 key insurance industry trends in EMEA region according to Plug and Play
Published: 23-01-2023 | 13:50:00 | By: Pie Kamau
Insurance industry trends over the past year have been significant, especially across Europe, the Middle East, and Africa (EMEA) region.


Insurance provider Vouch acquires lending startup Level to scale tech-driven underwriting systems
Published: 12-01-2023 | 08:42:00 | By: Pie Kamau
Vouch, an insurance provider re-thinking business insurance for the technology industry, announced it has acquired lending startup Level and its team of engineers.


Philly-based insurtech startup Propeller Bonds raises $6.4m seed funding to accelerate growth
Published: 11-01-2023 | 10:00:00 | By: Pie Kamau
Philly-based insurtech Propeller, announced it has raised $6.4 million in seed funding led by a consortium of industry partners.


Opsys Tech closes Series C financing round to accelerate production ramp of its automotive-grade true solid-state LiDAR sensors
Published: 05-01-2023 | 13:04:00 | By: Pie Kamau
Opsys Tech, the developer of patented True Solid-State Scanning LiDAR technology, announced the final closing of its Series C financing round.


Ran Ziv joins Israeli proptech startup BeamUP as CTO
Published: 22-12-2022 | 11:18:00 | By: Pie Kamau
BeamUP, the pioneer in enterprise data management for building system design and operations, announced it has hired Ran Ziv as CTO.


proteanTecs named #1 most promising startup in Israel
Published: 21-12-2022 | 08:14:00 | By: Pie Kamau
proteanTecs, a global pioneer of deep data analytics for advanced electronics, has been named the Most Promising Israeli Startup 2022 by Globes, an Israeli business publication.


Israeli blockchain security startup CyVers raises $8m to bring proactive security to Web3 economy
Published: 05-12-2022 | 09:56:00 | By: Pie Kamau
CyVers, the provider of state-of-the-art proactive Web3 Security for the centralized, decentralized finance and smart contract applications via detection and interception of crypto attacks across blockchains, announced a $8 million in funding.


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


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


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


Israeli DevOps startup Port raises $7m to build an internal developer portal that fits any engineering organization
Published: 11-11-2022 | 07:39:00 | By: Pie Kamau
Israeli DevOps startup Port announced it had raised $7 million in seed funding for its comprehensive builder-based internal developer portal. The seed round was led by TLV Partners. 


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


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


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


Israeli QuantHealth startup raises $2.6m seed round to provide comprehensive clinical trial simulation solution
Published: 27-10-2022 | 11:45:00 | By: Pie Kamau
QuantHealth, an AI-powered clinical trial design startup, announced its emergence from stealth, along with a $2.6 million seed financing round led by Shoni Top.


Insurtech Otonomi raises $3.4m to build a first-to-market blockchain-powered parametric cargo platform
Published: 19-10-2022 | 11:02:00 | By: Pie Kamau
Insurtech startup Otonomi announced it has closed a $3.4 million oversubscribed funding round, to build a first-to-market blockchain-powered parametric cargo platform.


Cyber insurance startup Elpha Secure startup raises $20 million funding to boost offerings
Published: 11-10-2022 | 14:14:16 | By: Bob Koigi
The funding round will help drive business growth across broker networks and evolve Elpha Secure’s product features to better equip small and midsize businesses to defend against cyberattacks and their consequences with end-to-end protection and response.


Capacity trading startup Stere closes $5m seed to expand tech-driven solutions for the insurance sector
Published: 26-09-2022 | 15:42:00 | By: Pie Kamau
Stere, a capacity trading platform specializing in capacity sourcing and unique digital capabilities for embedded insurance partners and MGAs, announced it has closed a $5 million funding round.


Kenyan agricultural insurtech startup Pula appoints Michael Joseph as Board Chair
Published: 22-09-2022 | 10:28:00 | By: Pie Kamau
Former Safaricom CEO Michael Joseph has been appointed as Board Chair of a Kenyan agricultural insurtech startup Pula.


Israeli data security startup Sentra launches in the U.S.
Published: 21-09-2022 | 10:51:00 | By: Pie Kamau
Sentra, an Israeli cloud data security company, announced its arrival in the U.S. market with the opening of its new North American headquarters in New York City.


Kenyan insurtech startup Turaco secures $10m funding to drive insurance adoption
Published: 16-09-2022 | 09:58:00 | By: Pie Kamau
Turaco, the insurtech driving mass market insurance adoption, has announced the close of a $10 million Series A equity round led by AfricInvest, via the Cathay Africinvest Innovation Fund.


Missouri-based insurtech startup iCover raises $5m pre-Series A funding to accelerate growth
Published: 06-09-2022 | 12:18:00 | By: Pie Kamau
iCover, a Missouri-based insurtech startup that provides an algorithmic underwriting and QUI based eApp Service for life insurance companies, raised $5 million in pre-Series A funding. 


UPTIMA secures investment from Salesforce and Docusign Ventures to fuel growth and expansion
Published: 31-08-2022 | 10:56:00 | By: Pie Kamau
Uptima, a global consulting and system integration firm, announced it has received funding from Salesforce Ventures and Docusign Ventures, to continue to enhance its IP-based accelerator, Everything-to-Revenue™.


FMO partners with SBC AfriTech to support next generation of early-stage African tech startups
Published: 30-08-2022 | 13:28:00 | By: Pie Kamau
FMO has partnered with a pan-African tech accelerator, Startupbootcamp (SBC) AfriTech, for the third installment of the Africa Startup Initiative Accelerator Program which is designed to scout skill and scale early-stage tech startups in Africa.


Insurtech startup Ledgebrook raises $4.2m to provide best-in-class quoting experience to wholesale brokers
Published: 17-08-2022 | 15:28:00 | By: Pie Kamau
Ledgebrook, a Boston-based insurtech startup, announced it raised $4.2 million in seed funding to build out its operations with the goal of writing its first policies in Q4 2022.


Israeli AI mobility Nexar acquires Portuguese startup Veniam to open unlimited possibilities for data-rich mobility applications
Published: 08-08-2022 | 10:34:00 | By: Pie Kamau
Nexar, an AI mobility company, announced it has entered into an agreement to acquire Veniam, the provider of intelligent networking for the internet of moving things.


Israeli cybersecurity startup Canonic Security launches AppTotal API to streamline app-vetting for security teams
Published: 08-08-2022 | 09:31:00 | By: Pie Kamau
Canonic Security, a Tel Aviv-based cybersecurity startup providing a platform controlling third-party applications and integrations, announced the launch of the AppTotal API.


Venture capital firm JVP expands operations in New York, welcomes new partners and investors
Published: 05-08-2022 | 13:15:00 | By: Pie Kamau
Venture capital firm JVP announced it is expanding its activities in New York. Along with new investments in Fintech, Blockchain, Cyber, Climatech, Foodtech, and Digital Health, the fund has focused on growth.


Kenyan insurtech startup Lami Technologies raises $3.7m to expand across Africa
Published: 05-08-2022 | 11:40:00 | By: Pie Kamau
Kenya-based insurtech startup Lami Technologies has raised a $ 3.7 million seed extension to expand its insurtech product across Africa.


Israel Natural Gas Lines invests in monitoring infrastructure startup Prisma Photonics
Published: 03-08-2022 | 13:58:00 | By: Pie Kamau
Israel Natural Gas Lines (INGL), announced a strategic investment in Prisma Photonics, a startup that develops advanced system for monitoring critical infrastructure in real time.


Israeli startup Frontegg raises $40m to solve user management for B2B SaaS
Published: 02-08-2022 | 13:44:00 | By: Pie Kamau
Frontegg, the user management platform for B2B apps, announced a $40 million in series B funding co-led by Stripes and global software investor Insight Partners.


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


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


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


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


Insurtech startup Spot raises $33m funding to ramp up partnerships, offer affordable coverage for customers
Published: 30-06-2022 | 14:50:00 | By: Pie Kamau
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.


Kenyan insurtech startup mTek secures $3m funding for expansion across the country
Published: 21-06-2022 | 14:06:00 | By: Pie Kamau
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
Published: 20-06-2022 | 12:49:00 | By: Pie Kamau
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.


Israeli AI-powered sales solution Amy raises $6m seed round to boost business professionals' selling power
Published: 20-06-2022 | 11:37:00 | By: Pie Kamau
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.


Israeli startup Canditech raises $9m seed round to create a world without resumes
Published: 16-06-2022 | 15:18:00 | By: Pie Kamau
Canditech, the Israeli startup helping companies accurately assess job candidates with the world's first online job-simulation platform, announced it has raised $9 million in seed funding led by global software investor Insight Partners and StageOne Ventures.


Israeli agritech startup Seed-X partners with Advanta Seeds to improve seed lot quality
Published: 16-05-2022 | 14:33:00 | By: Pie Kamau
Seed-X, an innovative AI-driven Agritech company, and Advanta Seeds, a UPL group company, are joining forces to apply new technology in seed processing.


Fintech startup BridgerPay raises $6m seed round for self-onboarding payment operations platform
Published: 11-05-2022 | 13:45:00 | By: Pie Kamau
BridgerPay, a Limassol, Cyprus-based payment operations platform provider, raised $6 million in seed (equity and secondary) funding, to build the world's first self-onboarding payment operations platform.


Privacy-focused data-generation startup Kahoona raises $4.5m seed round to accelerate growth
Published: 09-05-2022 | 10:28:00 | By: Pie Kamau
Kahoona Inc., a first-party data generation and activation technology for the open web aimed at creating a digital ecosystem that preserves user privacy, announced it has closed $4.5 million in Series Seed financing.


Insurtech startup ETAP secures $1.5m pre-seed funding to drive car insurance penetration in Africa
Published: 26-04-2022 | 11:55:00 | By: Pie Kamau
ETAP, an insurtech startup that makes it easier to buy and claim insurance, has secured $1.5 million in pre-seed funding to grow its team and drive the adoption of much-needed car insurance across Africa.


SAP.iO launches Resilient Supply Chain startup program in collaboration with Accenture
Published: 21-04-2022 | 11:37:00 | By: Pie Kamau
SAP SE announced the launch of a virtual startup program focused on building a resilient supply chain at the SAP.iO Foundries Munich and Tel Aviv.


U.S. insurtech startup Honeycomb gains approval to write policies in Wisconsin
Published: 14-04-2022 | 11:49:00 | By: Pie Kamau
The Wisconsin Office of the Commissioner of Insurance has given insurtech startup Honeycomb approval to write policies statewide.


Latinx insurtech startup Sigo Seguros raises $5.4m seed funding to accelerate growth
Published: 08-04-2022 | 14:07:00 | By: Pie Kamau
Sigo Seguros, the insurtech startup determined to close the insurance gap within Latinx and immigrant communities, announced it has raised $5.4 million in its seed funding round, co-led by Listen Ventures and Chingona Ventures.


Israeli data integration startup Triple Whale raises $27.7m to develop default e-Commerce operating system for Shopify brands
Published: 28-03-2022 | 16:24:00 | By: Pie Kamau
Triple Whale, the all-in-one operating system for Shopify brands, announced it has raised $27.7 million in an extended Series A, the company's first announced funding round since its foundation in May 2021.


Israeli tech startup Run:ai completes proof of concept with NVIDIA
Published: 28-03-2022 | 15:54:00 | By: Pie Kamau
Run:ai, the company simplifying AI infrastructure orchestration and management, announced details of a completed proof of concept (POC) which enables multi-cloud GPU flexibility for companies using NVIDIA GPUs in the cloud.


NSI Insurance Group acquires majority stake in insurtech startup HoneyQuote
Published: 23-03-2022 | 16:03:51 | By: Bob Koigi
HoneyQuote’s machine learning algorithm matches users with property insurance carriers in real-time. Its proprietary search engine allows consumers to shop and purchase homeowners' insurance online.


Israeli network security startup OneLayer steps out of stealth with $8.2m seed round to protect private 5G networks
Published: 16-03-2022 | 12:25:00 | By: Pie Kamau
OneLayer, a pioneer in securing private LTE/5G networks for enterprises, announced its launch out of stealth along with an $8.2 million seed funding round led by Grove Ventures and Viola Ventures.


Insurance startup Asteya launches new product offering on its technology-first platform
Published: 16-03-2022 | 11:28:00 | By: Pie Kamau
Asteya, an income insurance technology company whose mission is to provide financial health and wellbeing by transforming the income insurance space, announced the launch of its additional product offering, Accidental Death.


German investor CommerzVentures closes €300m third fund to support European fintech and insurtech startups
Published: 01-03-2022 | 12:52:00 | By: Pie Kamau
CommerzVentures, the specialist fintech investor, announced its third €300m fund, to go towards supporting early and growth-stage companies in the fintech and insurtech sectors.


Israeli logistics startup PrettyDamnQuick raises $6m seed round to expand growth in the U.S.
Published: 28-02-2022 | 13:21:00 | By: Pie Kamau
Israeli e-Commerce startup PrettyDamnQuick, the provider of checkout-to-delivery management platforms for e-Commerce businesses, announced the closing of $6 million seed investment round.


Israeli's Astrix Security emerges from stealth with $15m seed round to secure enterprises' expanding web of third-party apps
Published: 23-02-2022 | 15:56:00 | By: Pie Kamau
Astrix Security, the first app-integration access management solution, launched from stealth to modernize how enterprises monitor and control their ever-expanding web of interconnected third-party applications.


Insurtech startup ennabl raises $4m to transform insurance brokerage
Published: 21-02-2022 | 14:48:00 | By: Pie Kamau
Insurtech trailblazer ennabl has secured a $4 million seed round investment. Led by Vine Ventures with additional private participants, this investment will be used to expand the company's platform.


Fraugster partners with Dutch-based fintech startup Payaut to provide fraud prevention services to e-Commerce marketplaces
Published: 14-02-2022 | 09:45:00 | By: Pie Kamau
Fraugster, a German-Israeli payment intelligence company, has partnered with marketplace payout specialist Payaut, an Amsterdam-based fintech startup, to provide fraud prevention services to marketplaces.


Casava secures $4m pre-seed funding to provide micro insurance for millions of Nigerians
Published: 04-02-2022 | 09:41:00 | By: Pie Kamau
Casava, Nigeria's digital insurance company has secured $4 million in pre-seed funding to provide affordable and accessible insurance products for millions of Nigerians.


Kenyan insurtech startup Lami acquires Bluewave Insurance Agency
Published: 04-02-2022 | 09:33:06 | By: Pie Kamau
Kenyan insurtech startup Lami Technologies has acquired Bluewave Insurance Agency, another Kenyan-based insurtech startup, for an undisclosed amount.


F-Prime Capital launches F-Prime Fintech Index to track the performance of disruptive fintech startups
Published: 01-02-2022 | 13:27:00 | By: Pie Kamau
F-Prime Capital announced the launch of The F-Prime Fintech Index, designed to track the performance of disruptive fintech companies enabling the delivery of core financial services across payments.


Israeli AI startup Forwrd raises $3.5m to make every corporate employee data-driven
Published: 01-02-2022 | 13:18:00 | By: Pie Kamau
Forwrd, the provider of automated predictive analytics aimed at guiding business decision making, announced it secured $3.5 million in seed funding to transform non-technical frontline employees into data driven decision makers.


Horizon Technology Finance leads $50m venture loan facility to fintech and insurtech startup, Autonomy
Published: 25-01-2022 | 15:15:00 | By: Pie Kamau
Horizon Technology Finance Corporation announced it led a $50 million venture loan facility to Autonomy, a completely digital mobility offering that provides consumers with an affordable way to get access to a vehicle without long-term debt.


U.S. and Israel-based insurtech startup Honeycomb raises $15.4m Series A round
Published: 24-01-2022 | 15:39:00 | By: Pie Kamau
Insurtech startup Honeycomb announced it has raised $15.4 million in a Series A funding round led by Ibex Investors.


Israeli tech startup Polar Security emerges from stealth with $8.5m seed round to automatically protect cloud data
Published: 20-01-2022 | 10:50:00 | By: Pie Kamau
Polar Security, a cloud-native data security company, announced it has raised a $8.5 million seed financing round and launched out of stealth.


Israeli foodtech startup Plantish unveils whole-cut plant-based salmon fillets
Published: 18-01-2022 | 10:55:38 | By: Pie Kamau
Israeli foodtech startup Plantish is giving consumers a first look at its flagship product, a 100% plant-based whole-cut salmon fillet, which mimics cooked salmon in texture, taste, appearance and structure.


Kenyan ride-hailing startup MARAMOJA opens its API to fintechs and insurtechs
Published: 13-01-2022 | 11:14:00 | By: Pie Kamau
Kenya's ride-hailing platform MARAMOJA Transport has opened its API to local fintechs and Insurtechs. Through a new partnership with Switchlink Africa, service providers will be able to connect with MARAMOJA's drivers and customers.


Nashville-based worker’s compensation startup InsurePay secures Series B investment, buys Split Limit Studios
Published: 12-01-2022 | 11:48:00 | By: Pie Kamau
InsurePay, an Insuretech Property and Casualty (P&C) billing and payments platform, including workers' compensation insurance premium billing and payments has secured a Series B investment.


Israeli AI-powered drug discovery startup Protai raises $8m seed round to provide proteomics-based platform
Published: 10-01-2022 | 13:49:00 | By: Pie Kamau
Protai, an AI-powered drug discovery startup announced its emergence from stealth, along with an $8 million seed financing round co-led by Grove Ventures and Pitango HealthTech.


Israeli VC fund Grove Ventures raises $185 million fund for early-stage startups
Published: 07-01-2022 | 12:03:22 | By: Bob Koigi
Groove Ventures, an early-stage venture capital firm headquartered in Tel-Aviv, has announced the closing of ‘Grove III’, a $185 million fund that will partner at an early-stage with exceptional Israeli entrepreneurs.


Israeli venture capital firm StageOne Ventures raises $235 million, launches fourth fund
Published: 05-01-2022 | 11:02:00 | By: Bob Koigi
This new fund will continue investing in Israeli companies with a technological edge at the earliest stages, developing ground-breaking products for the enterprise market.


VentureIsrael Invests in NeuroBrave software startup
Published: 05-01-2022 | 10:43:41 | By: Bob Koigi
An Israeli deep tech fund VentureIsrael participated in the investment round alongside Labs/02 and Samurai Incubate. The investment will be used to accelerate R&D and go-to-market activities.


Intuit acquires Israel-based cybersecurity startup Imvision
Published: 04-01-2022 | 10:18:57 | By: Bob Koigi
Based in Israel, Imvision develops technology that enables enterprises to automatically discover, test and protect against attacks, by monitoring API traffic to identify threats and vulnerabilities. Terms of the transaction have not been disclosed.


Israeli foodtech startup Future Meat raises $347 million funding to bolster position in cultivated meat industry
Published: 04-01-2022 | 10:02:23 | By: Bob Koigi
Future Meat Technologies, an Israeli startup developing innovative technology to produce cultivated meat, has announced that it has raised $347 million in Series B round of financing.


Israel tech startups raised $25.4 billion in 2021, report
Published: 03-01-2022 | 09:54:13 | By: Bob Koigi
The unprecedented figure represents a 136% increase over last year, which concluded with a full-year total of $10.8 billion raised.


Israeli cybersecurity startup PlainID secures $75 million financing to accelerate product development
Published: 03-01-2022 | 09:50:58 | By: Bob Koigi
PlainID, a provider of cybersecurity, authorization, and identity access management (IAM) solutions, has raised $75 million in Series C funding.


Israel-based tech startup flexiWAN receives investment from VentureIsrael to power expansion
Published: 03-01-2022 | 09:45:29 | By: Bob Koigi
VentureIsrael, an Israeli deep tech fund, announced that it has participated in an investment round of flexiWAN. The investment will be used to accelerate rapid expansion of flexiWAN in the SD-WAN & SASE market.


Israeli agritech startup Greeneye Technology raises $22 million funding to grow its offerings
Published: 03-01-2022 | 09:40:12 | By: Bob Koigi
Greeneye has developed proprietary AI-enabled precision spraying technology that enables farmers to seamlessly transition from this hugely inefficient practice to precise application of herbicides and other chemicals.


Israeli tech startup Reposify raises $8.5 million funding to expand R&D team
Published: 23-12-2021 | 11:39:32 | By: Bob Koigi
Reposify, an External Attack Surface Management (EASM) provider, had raised seed round funding of $8.5 million from two US-based VCs, Joule Ventures and First Rays Venture Partners, alongside several industry expert angels.


Cardiovascular startup Filterlex Medical selected to receive €7 million from the European Innovation Council
Published: 22-12-2021 | 14:38:05 | By: Bob Koigi
The EIC equity investment will be a part of Filterlex's next round of financing. This combined funding will go towards clinical program expansion, regulatory approvals, and commercialization of the CAPTIS® full-body embolic protection system to help transform left-heart procedures.


Israeli SaaS security startup Atmosec raises $6m seed round to secure SaaS ecosystems
Published: 21-12-2021 | 13:29:00 | By: Pie Kamau
Atmosec, the SaaS security venture, announced its official launch out of stealth as well as the completion of a $6 million seed funding round, led by Glilot Capital Partners and Battery Ventures.


Israeli influencer marketing startup Humanz raises $8m to accelerate growth
Published: 20-12-2021 | 15:46:00 | By: Pie Kamau
Humanz, an AI powered influencer marketing platform that connects influencers & content creators with brands, announced it has closed an $8 million seed round led by the Stardom Ventures fund.


Kenyan smallholder farmers insulated from weather vagaries by picture-based insurance
Published: 14-12-2021 | 12:00:00 | By: Bob Koigi
A climate-smart crop insurance scheme introduced in Kenya has come to their rescue by combining satellite data and smartphone imagery to provide farmers with much needed protection.


U.S. healthtech startup Vim accelerates growth with opening of offices in New York and Tel Aviv
Published: 07-12-2021 | 15:20:00 | By: Pie Kamau
Vim, a technology company building digital infrastructure for U.S. healthcare, opened a new office in Midtown Manhattan and in Nahalat Yitzhak in Tel Aviv, Israel, to accommodate its rapidly growing workforce.


Heritage enters strategic partnership with insurtech startup Slide to accelerate growth
Published: 30-11-2021 | 13:40:22 | By: Pie Kamau
Heritage Insurance, a super-regional property and casualty insurance holding company, announced it has entered into a strategic partnership with Slide, a startup InsurTech P&C carrier led by Bruce Lucas, Heritage's former Chairman and CEO.


Israeli foodtech startup Imagindairy closes $13m seed round to advance animal-free dairy
Published: 23-11-2021 | 08:08:00 | By: Pie Kamau
Imagindairy, a foodtech company creating milk proteins identical to those from cows, announced completion of a $13 milion seed round, led by MoreVC, a leading seed stage investor in Israel managing $275 million across three funds.


Israeli Medical device startup Filterlex closes $6m Series A1 investment to accelerate CAPTIS cardiovascular clinical program
Published: 19-11-2021 | 11:57:00 | By: Pie Kamau
Filterlex Medical, a cardiovascular medical device startup, announced it completed a $6 million series A1 investment round from private healthcare investors.


Fort Ross Ventures announces first closing of $200m late-stage fund
Published: 18-11-2021 | 09:31:00 | By: Pie Kamau
Fort Ross Ventures, an international venture-capital firm focused on startups in the U.S. and Israel, announced the $100 million first closing of its late-stage fund.


Israeli logistics AI startup Amphorica partners with Swiss investor Falco Capital to accelerate growth
Published: 18-11-2021 | 09:14:00 | By: Pie Kamau
Falco Capital and Amphorica jointly announced the closing of a capital investment and cooperation agreement. As part of the agreement, Amphorica appoints Falco Capital partner Peter Salzer, as Director of the company's board.


Israeli data security startup Laminar emerges from Stealth with $32 million Series A funding
Published: 17-11-2021 | 17:03:59 | By: Bob Koigi
Laminar, a public cloud data protection provider, has emerged from stealth with a $32 million Series A investment, bringing the company’s total funding to $37 million.


Israeli femtech startup illumigyn partners with Peramare Pharmaceuticals to bring innovative gynecological imaging platform to Nigeria
Published: 17-11-2021 | 15:22:31 | By: Pie Kamau
illumigyn, world's first remote gynecological imaging platform, announced its new distribution agreement with Peramare Pharmaceuticals Nigeria, to deploy 5,000 Gynescopes in Nigeria by 2026.


Israeli startup EasySend raises $55.5m to help enterprises build, maintain digital customer journeys with its no-code platform
Published: 17-11-2021 | 11:41:00 | By: Pie Kamau
EasySend, a no-code digital customer journey platform announced a $50.5 million Series B funding round led by Oak HC/FT. Existing investors Vertex IL, Intel Capital, and Hanaco Venture also participated in the round.


BrokerTech Ventures accelerator opens for 2022 cohort applications
Published: 16-11-2021 | 12:32:00 | By: Pie Kamau
BrokerTech Ventures (BTV), the industry's first broker-led convening platform and accelerator program focused on delivering innovation to the insurance broker industry, has opened the application window for its 2022 BrokerTech Ventures Accelerator program.


VentureIsrael invests in Israeli startup Fincom.co, developer of the 'Phonetic Fingerprint' AML screening solution
Published: 10-11-2021 | 14:24:08 | By: Bob Koigi
Fincom.co develops and deploys Streamlined Data Search Solutions for instant and accurate AML/KYC, Data Mapping, Entity Resolution and Homeland Security applications.


London-based insurtech startup Collective Benefits announces $10m investment from Prosus
Published: 03-11-2021 | 12:31:00 | By: Pie Kamau
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
Published: 02-11-2021 | 15:33:33 | By: Bob Koigi
Investors in the fund include leading institutional LPs, as well as the CEOs of some of the world’s largest tech corporations.


Mployer Advisor secures $1.6 million funding to transform insurance broker marketplace
Published: 02-11-2021 | 15:26:20 | By: Bob Koigi
This new round of funding will enable Mployer Advisor to deploy new features on its platform, hire additional leadership roles and expand its insurance broker and carrier network.


Israeli medical device startup Innoventric wins Horizon Europe Grant, secures $14m Series A investment
Published: 02-11-2021 | 13:24:00 | By: Pie Kamau
Israeli medical device startup Innoventric, secured $14 million through its Series A financing, including the prestigious Horizon Europe Grant for the sum of €2.5 million.


Kenyan fintech startup Kwara partners with Lami Technologies to give SACCO members access to insurance products
Published: 02-11-2021 | 12:18:00 | By: Pie Kamau
Kenyan digital banking fintech startup Kwara has partnered with insurance technology company, Lami Technologies, to provide SACCO members with affordable and transformational insurance products.


Israeli mobile app startup Bites raises $5m seed funding for next-gen employee-communications and training application
Published: 22-10-2021 | 14:17:00 | By: Pie Kamau
Bites, a game-changing player in the employee communications and training industry, announced the completion of its seed funding round, raising $5 million.


Israeli deep learning development startup Deci raises $21m to accelerate commercial growth
Published: 20-10-2021 | 15:03:00 | By: Pie Kamau
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.


Israeli bio-convergence startup X-trodes completes $4.5m seed round to improve quality of life, reduce hospital workload
Published: 19-10-2021 | 09:24:00 | By: Pie Kamau
X-trodes, a bio-convergence company that developed wearable technology for advanced electrophysiological measurement and analytics, has raised a $4.5 million seed round to improve the quality of life and reduce hospital workload


Insurance startup Branch partners with SimpliSafe to offer proactive protection, affordable home ssecurity to its members
Published: 15-10-2021 | 11:43:00 | By: Pie Kamau
Branch, the startup that pioneered instantly-bundled home and auto insurance, announced a partnership with SimpliSafe, maker of security systems, to offer its members significant discounts on their home insurance.


Israeli startup RepAir Carbon closes $1.5m seed round to develop cell for modular Direct Air Capture
Published: 08-10-2021 | 13:37:00 | By: Pie Kamau
Israeli startup RepAir Carbon closed a $1.5m seed round to develop cell for modular Direct Air Capture inspired by fuel cell technology. The seed funding will allow the RepAir team to refine the company's existing prototype cell.


Start-Up Nation Central signs MoU with TiE to boost technological innovation of Israeli and Indian startups
Published: 07-10-2021 | 11:40:00 | By: Pie Kamau
Israeli not-for-profit Start-Up Nation Central signed a Memorandum of Understanding with TiE to achieve full implementation of sustainable Israeli and Indian technologies in the foodtech sector.


Insurtech startup VOOM raises $15m to provide usage-based insurance to underserved mobility segments
Published: 05-10-2021 | 16:17:00 | By: Pie Kamau
VOOM, creators of innovative insurance products for underserved mobility segments, announced $15 million in funding to expand its usage-based insurance model to additional mobility verticals.


Israeli startup Appwrite raises $10m to build open source alternative to Google's firebase
Published: 29-09-2021 | 13:23:00 | By: Pie Kamau
Appwrite, the open source Backend-as-a-Service (BaaS) platform for web, mobile and flutter developers, announced it has raised $10 million in a seed round led by Bessemer Venture Partners and Flybridge with participation of Ibex Investors and Seedcamp.


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


Israeli insurtech startup Vesttoo joins NVIDIA Inception to further develop AI-based technologies
Published: 07-09-2021 | 15:38:30 | By: Pie Kamau
Israeli insurtech startup Vesttoo announced it has joined NVIDIA Inception, a program designed to nurture companies revolutionizing industries with advancements in AI and data sciences.


Israeli startup Quantum Machines raises $50m to make quantum computers ubiquitous and disruptive across all industries
Published: 07-09-2021 | 15:07:00 | By: Pie Kamau
Tel Aviv based startup Quantum Machines, creator of the Quantum Orchestration Platform, announced it has secured $50 million in Series B funding to expand its growth into quantum cloud computing and drive its worldwide distribution.


Insurtech startup Slope Software raises $2m to grow its actuarial modeling platform
Published: 31-08-2021 | 13:23:00 | By: Pie Kamau
Slope Software, the Atlanta insurtech startup that is modernizing actuarial modeling for insurers, announced a $2.0 million investment led by Tech Square Ventures, an early-stage investment firm.


Autonomous vehicle insurtech startup Koop Technologies raises $2.5m seed round
Published: 24-08-2021 | 15:22:00 | By: Pie Kamau
Koop Technologies, an insurance technology startup specializing in autonomous vehicle and robotics risks announced its $2.5 million seed funding.


Il Makiage acquires Israeli computer vision startup Voyage81
Published: 18-08-2021 | 13:44:50 | By: Bob Koigi
Il Makiage’s acquisition of Voyage81 will enable the company to use Voyage81’s patented hyperspectral imaging systems to further enhance the company’s machine learning capabilities.


Tel Aviv-based innovation hub Drive TLV to expand in the U.S. and Europe
Published: 17-08-2021 | 13:18:00 | By: Pie Kamau
Drive TLV, a unique innovation hub connecting high-tech Israeli startups with major corporate partners around the world, plans to begin working with U.S. and European startup companies next year.


Insurtech startup NEXT Insurance participates in Amazon Insurance Accelerator to provide access to affordable General Liability coverage
Published: 10-08-2021 | 11:47:00 | By: Pie Kamau
NEXT Insurance, the digital insurtech company transforming small business insurance, announced it is participating in Amazon Insurance Accelerator, providing Amazon sellers looking to buy insurance with instant quotes at competitive rates.


Naspers Foundry leads $8.3m Series A investment in South African insurtech startup Naked
Published: 06-08-2021 | 14:07:00 | By: Pie Kamau
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.


Tel Aviv and London-based AI construction tech startup Buildots raises $30m Series B funding as its technology reaches 12 countries
Published: 05-08-2021 | 12:51:06 | By: Pie Kamau
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.


Hong Kong-based insurtech startup YAS MicroInsurance features in TOP 10 of Plug and Play Insurtech Batch 5 startups
Published: 22-07-2021 | 11:55:14 | By: Pie Kamau
Hong Kong-based next-generation Insurtech startup YAS MicroInsurance, has been featured as one of the TOP 10 of the Insurtech Batch 5 in Plug and Play APAC, a well-known global startups accelerator and innovation platform.


BimaLab accelerator programme launches to support Insurtech startups in Kenya
Published: 22-07-2021 | 11:41:25 | By: Pie Kamau
FSD Africa, the Insurance Regulatory Authority (IRA) and Tellistic Technology Services have launched BimaLab, a KES 5.3 million accelerator programme designed to support insurance startups in Kenya.


Israeli Start-Up Nation Central appoints Avi Hasson as new CEO
Published: 16-07-2021 | 14:45:52 | By: Pie Kamau
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.


Israeli foodtech startup Better Juice raises $8m in seed funding
Published: 23-06-2021 | 13:50:00 | By: Pie Kamau
Israeli foodtech startup Better Juice, the first company to reduce all sugars from natural juices, announced it has raised $8 million in seed-round investment.


Kenyan insurtech startups benefit from IRA, Prudential innovation hub
Published: 22-06-2021 | 12:29:00 | By: Pie Kamau
Three Kenyan insurtech startups each received Ksh 1.25 million in cash awards from an innovation hub steered by the Insurance Regulatory Authority (IRA) in collaboration with Prudential Life Assurance and other partners, to promote insurance inclusivity.


Israeli mobility investment startup Bringg completes $100m Series E investment round
Published: 17-06-2021 | 13:05:00 | By: Pie Kamau
Ituran Location and Control announced its successful early-stage mobility technology holding, Bringg, completed Series E investment round of $100 million. Following the round, Ituran's undiluted holdings are 17.2%.


XLIO Ventures closes $53m funding facility
Published: 07-06-2021 | 15:04:00 | By: Pie Kamau
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.


Plug and Play Japan selects 91 Startups for its Summer/Fall 2021 Batch
Published: 01-06-2021 | 11:28:00 | By: Pie Kamau
Global Innovation Platform, Plug and Play Japan has selected 91 Japanese and international startups into its Summer/Fall 2021 Batch, which will be carried out from June to September 2021.


Israeli healthcare startup Lydus Medical raises $2.7m in seed round funding
Published: 25-05-2021 | 15:22:00 | By: Pie Kamau
Lydus Medical, a portfolio company of Sanara Ventures, a JV of Teva and Philips and an anastomosis technology provider, announced $2.7 million in a Pre-A funding.


B2B insurtech startup Boost raises $20m Series B to enhance insurance market accessibility
Published: 21-05-2021 | 13:09:00 | By: Pie Kamau
Boost Insurance, the B2B digital insurance platform, announced the completion of a $20 million Series B financing round to fuel growth of its platform, new product development and partner marketing.


Israeli AI-powered identity and security management startup Authomize secures $16m to accelerate growth
Published: 13-05-2021 | 12:28:00 | By: Pie Kamau
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.


HONK supports insurance startup Branch with digitally-driven roadside assistance solutions
Published: 12-05-2021 | 12:15:00 | By: Pie Kamau
HONK Technologies, the digital platform connecting drivers and towing professionals, announced it is supporting Branch, the startup that pioneered bundling home and auto insurance online.


Kenyan insurtech startup Lami Technologies raises $1.8m in seed funding
Published: 06-05-2021 | 10:49:00 | By: Pie Kamau
Lami Technologies, a Kenyan insurance technology (insurtech) company that aims to democratize insurance products and services for low-income Kenyans, has raised $1.8 million in seed funding.


Insurtech startup Branch Insurance expands home and auto coverage to Colorado and Oklahoma States
Published: 29-04-2021 | 10:13:00 | By: Pie Kamau
Branch Insurance, the startup that pioneered bundling home and auto insurance online, announced its expansion to Colorado and Oklahoma States.


Israeli customer intelligence startup Affogata raises $5.5m seed funding to bring consumer's voice to customer-obsessed brands
Published: 29-04-2021 | 09:57:00 | By: Pie Kamau
Affogata, the customer intelligence platform enabling brands to harness data to guarantee their consumers a perfect experience, announced a $5.5 million financing round of seed funding co-led by Mangrove Capital Partners.


Israeli enterprise AI startup BeyondMinds joins NVIDIA Inception
Published: 28-04-2021 | 17:00:12 | By: Pie Kamau
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.


Detroit-based fintech startup Signal Advisors raises $16m to build end-to-end platform for independent financial advisors
Published: 27-04-2021 | 11:06:00 | By: Pie Kamau
Signal Advisors, a tech-enabled distributor of annuities and life insurance, announced a $10 million Series A led by General Catalyst, which closed in December 2020.


Plug and Play Korea launches in Seoul
Published: 27-04-2021 | 10:20:47 | By: Pie Kamau
Global innovation platform, Plug and Play, announced the launch of its new office in Seoul, Korea, to primarily focus on corporate innovation in the areas of Financial Services and Smart Cities and expects to expand to other industries in the future.


Insurtech startup Brella raises $15m Series A for national expansion of supplemental health insurance solution
Published: 26-04-2021 | 14:15:00 | By: Pie Kamau
Brella Insurance announced it has raised a $15 million Series A funding round led by Brewer Lane Ventures to bring Brella's modern supplemental health solution to employers nationwide.


Insurtech startup OKO raises $1.2m to bring innovative insurance to smallholder farmers across Africa
Published: 23-04-2021 | 09:21:00 | By: Pie Kamau
OKO, an insurtech startup that provides inclusive agricultural insurance to secure farmers’ income across Africa, closed a seed investment round of $1.2 million, led by Newfund and ResiliAnce.


Telecel Group launches applications for Africa startups accelerator programme
Published: 14-04-2021 | 15:47:19 | By: Bob Koigi
The Program helps startups achieve 18-24 months of growth in just three months. Now, the next generation of early-stage African tech startups disrupting a wide range of industry sectors are being sought.


Empathy startup raises $13m seed round to help minimize burdens after losing a loved one
Published: 09-04-2021 | 10:36:00 | By: Pie Kamau
Empathy, a platform helping families navigate the journey they face after losing a loved one, announced the launch of its application on iOS and Android for users across the United States.


Israel GPS Security Startup infiniDome raises $2.4 million funding to scale operations
Published: 07-04-2021 | 14:55:52 | By: Bob Koigi
The proceeds will help scale infiniDome’s customer engagements in the Commercial Aircraft, UAS/UAV, and UAM market segments.


Plug and Play selects 154 startups for the Summer 2021 Batches
Published: 02-04-2021 | 10:31:34 | By: Bob Koigi
During the three months of the program, the selected startups will participate virtually in networking events, mentor sessions, focus weeks, and private dealflow sessions.


Insurtech startup Curacel secures $450K pre-seed funding to drive insurance inclusion in Africa
Published: 30-03-2021 | 12:53:00 | By: Pie Kamau
Curacel, an AI-powered platform for claims processing and fraud management in Africa, raised a $450,000 pre-seed funding in a round led by Atlantica Ventures and Consonance.


Plug and Play adds NJM Insurance to its growing network of insurtech corporate partners
Published: 19-03-2021 | 12:38:05 | By: Pie Kamau
Plug and Play, the global innovation platform for corporations and startups, is adding NJM Insurance Group (NJM), a property and casualty insurer in the Mid-Atlantic region, to its growing network of insurtech corporate partners.


Venture Noire launches new cohort program following $1.3m grant from Walton Family Foundation
Published: 17-03-2021 | 14:40:00 | By: Pie Kamau
Venture Noire, a non-profit organization dedicated to supporting Black and minority entrepreneurs, announced the recipient of a multi-year grant from the Walton Family Foundation for a second consecutive year, totaling $1.3 million.


BrokerTech Ventures adds Zurich North America to its premiere agency and insurance company portfolio
Published: 16-03-2021 | 14:15:54 | By: Pie Kamau
BrokerTech Ventures (BTV), the industry's first broker-led convening platform and accelerator program, announced the addition of its newest carrier, Zurich North America, to the platform.


Femtech startup OCON Healthcare announces last patient in phase IIa clinical study
Published: 08-03-2021 | 14:53:00 | By: Pie Kamau
OCON Healthcare, a women's health company, announced it had completed enrollment of its Phase IIa clinical study evaluating its intrauterine drug delivery platform IUB™ SEAD™, a non-invasive treatment for abnormal uterine bleeding (AUB).


Insurtech startup Zelros raises $11m Series A funding to bring AI-powered responsible insurance distribution to North America
Published: 25-02-2021 | 08:27:00 | By: Pie Kamau
Zelros, the industry's first AI-driven platform dedicated to advancing insurance distribution, announced the successful close of an $11 mllion Series A financing round, bringing the company's total funding to date to $16.5 million.


Insurtech startup InsurePay secures $5m Series A investment round to accelerate growth
Published: 18-02-2021 | 09:30:00 | By: Pie Kamau
InsurePay, a workers' compensation administration and insurance premium billing platform for insurance providers, announced it has completed a $5 million Series A round of financing.


WNS partners with insurtech startup By Miles for the world’s first connected car insurance
Published: 17-02-2021 | 14:42:27 | By: Bob Koigi
WNS Assistance has announced a new partnership with By Miles, an insurtech startup and motor Managing General Agent (MGA), to manage claims for a first-of-its-kind connected car insurance policy using the real-time data of the vehicle.


January sees record number of investments in Israeli startups despite the pandemic, SNC reports
Published: 16-02-2021 | 10:01:00 | By: Pie Kamau
Analysis by Israeli NGO Start-Up Nation Central (SNC), has revealed that January 2021 saw record investments in Israel during a single month. Six startups raised more than $100 million each (mega rounds) during the month, totaling 73% of the total.


Insurtech startup TrustLayer raises $6.6m to expand its insurance verification and compliance platform
Published: 15-02-2021 | 16:08:00 | By: Pie Kamau
TrustLayer, the collaborative risk management platform, announced it has completed a $6.6 million seed round of financing.


Nationwide doubles down on venture capital efforts, expands investment fund to $350m
Published: 12-02-2021 | 10:58:00 | By: Pie Kamau
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.


Insurtech startup Marble secures $2.5m seed round, launches first digital wallet and rewards for insurance
Published: 11-02-2021 | 10:17:00 | By: Pie Kamau
Marble, the first digital wallet and loyalty platform for insurance, announced $2.5 million in seed round funding.


Gentem Health startup closes $10m Series A financing to streamline and accelerate insurance reimbursements
Published: 10-02-2021 | 12:36:00 | By: Pie Kamau
Gentem Health, a Silicon Valley-startup focused on helping private practices thrive financially, raised a $10 million Series A financing round, bringing total investment to $13.7 million.


Plug and Play invests in Israeli insurtech startup Vesttoo
Published: 10-02-2021 | 12:17:10 | By: Pie Kamau
Plug and Play, the global innovation platform that has funded companies such as Dropbox, PayPal and N26, has joined Vesttoo as a shareholder through an equity investment.


VentureIsrael leads $1m investment round in Israeli fintech startup TenureX
Published: 03-02-2021 | 14:45:00 | By: Pie Kamau
Israeli fintech company TenureX has come out of stealth mode, announcing it is starting its pre-seed financing round with the first $1M, backed by VentureIsrael.


Israeli AI startup Datomize secures $6m seed round for enterprise grade synthetic data solution
Published: 03-02-2021 | 14:31:00 | By: Pie Kamau
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.


VentureIsrael leads $2.2m seed round in Israeli's maritime cyber security startup Cydome
Published: 28-01-2021 | 12:44:00 | By: Pie Kamau
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.


Insurtech startup Joshu raises $3.7m seed round to digitize and modernize commercial insurance
Published: 27-01-2021 | 09:08:00 | By: Pie Kamau
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.


Israeli's Vintage Investment Partners signs United Nations supported Principals for Responsible Investment
Published: 25-01-2021 | 13:48:00 | By: Pie Kamau
Vintage Investment Partners announced it has become a signatory and partner to the United Nations supported Principals for Responsible Investment PRI.


Israeli AI construction startup Swapp raises $7m seed round for market expansion
Published: 22-01-2021 | 14:44:00 | By: Pie Kamau
Swapp, an AI-powered construction planning company, announced it raised $7 million in Seed funding, led by Point72 Ventures and Entrée Capital with the participation of existing investors.


Arbol closes Series A raise, adds Mubadala Capital Ventures to its investment group
Published: 20-01-2021 | 10:46:00 | By: Pie Kamau
Insurtech platform Arbol Inc. announced it has closed its Series A fundraising round with commitments totaling nearly $7 million. Arbol's Series A round was oversubscribed and completed at a significant increase in valuation from its initial seed round.


VentureIsrael invests in Israeli startup QuantLR, developer of affordable quantum cryptography solution
Published: 19-01-2021 | 13:55:00 | By: Pie Kamau
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.


InsurTech NY announces global Early-Stage InsurTech Competition 2021
Published: 07-01-2021 | 11:49:00 | By: Pie Kamau
InsurTech NY has opened the application window for its annual 2021 InsurTech Early-Stage Competition, to award $200,000 in prizes to three winning teams. Startups will compete for the title of the company with the most commercial potential.


Paradox acquires Israeli Chatbot Spetz.io to expand global client service capabilities
Published: 07-01-2021 | 09:23:47 | By: Bob Koigi
Paradox has acquired Spetz.io, an Israeli startup helping clients like EY and Sodastream modernize candidate communications.


SnapAP secures new equity investment financing led by Israel-based angel group
Published: 18-12-2020 | 11:56:45 | By: Pie Kamau
Snap Accounts Payable Corporation announced it has completed the first stages of a planned $2 million Seed Stage round of financing being led by a group of angel investors all located in Israel.


Smart video interview startup raises $5m to bring recruitment process into the video age
Published: 14-12-2020 | 16:28:00 | By: Pie Kamau
myInterview, a smart video interview platform prioritizing personality in the hiring process, announced a $5 million Seed round led by Aleph, with participation from previous investors Entrée Capital and SeedIL Ventures.


AgTech startup SeeTree raises $30 million funding to expand into new crops
Published: 09-12-2020 | 11:10:00 | By: Bob Koigi
SeeTree, an AI-powered, end-to-end service that provides growers with intelligence on trees and tree clusters, has raised $30 million in a Series B funding round led by the International Finance Corporation


Healthcare startup Centivo raises $34m to help employers deliver affordable, high-quality healthcare to their employees
Published: 08-12-2020 | 13:36:00 | By: Pie Kamau
Centivo, a new type of digital health plan that is built to save 15% or more compared with traditional insurance carriers and is easy to use for employers and employees, announced it has raised $34 million in Series B funding.


Nili Capital Partners acquires fresh produce packaging startup StePac
Published: 08-12-2020 | 11:08:00 | By: Bob Koigi
Fresh produce packaging specialists StePac L.A., Ltd. has been acquired by Nili Capital Partners, an Israeli private equity fund.


Cinch Home Services partners with insurance technology startup GloveBox to simplify home management
Published: 04-12-2020 | 13:37:00 | By: Pie Kamau
Cinch Home Services (Cinch), provider of home service solutions, has partnered with GloveBox, an insurance technology that allows policyholders to manage all of their insurance in a single, centralized digital platform.


Plug and Play Japan selects 103 startups for its Winter/Spring 2021 Batch accelerator program
Published: 03-12-2020 | 14:16:00 | By: Pie Kamau
Plug and Play Japan has selected 103 startups in IoT, Fintech, Insurtech, Mobility, Brand & Retail, Hardtech & Health, and newly launched vertical, Smart Cities, for the Winter/Spring 2021 Batch accelerator program.


OurCrowd partners with VC firm UnderRock Investments to support startups
Published: 03-12-2020 | 13:45:21 | By: Bob Koigi
OurCrowd, the world’s largest global venture investing platform, has announced an expansion of its Iberian operations through a partnership with Portuguese venture capital firm UnderRock Investments.


Israeli consumer intelligence startup Konnecto closes $3.5m seed round, launches 'Reveal & Disrupt'
Published: 23-11-2020 | 16:19:00 | By: Pie Kamau
Konnecto, the consumer intelligence platform enabling brands to gain visibility into the earliest stages of the consumer journey, announced the completion of a $3.5 million seed round, led by TPY Capital.


Mondelēz International invests in Israel foodtech startup Torr
Published: 19-11-2020 | 13:38:33 | By: Bob Koigi
SnackFutures, Mondelēz International’s innovation and venture hub dedicated to unlocking emerging snacking opportunities around the world, has made a seed investment in Torr, an early stage Israeli Foodtech Company.


Israeli cybersecurity startup ReSec Technologies raises $4m Series A funding for expansion
Published: 10-11-2020 | 09:51:00 | By: Pie Kamau
ReSec Technologies, a cyber security company that protects organizations from file-based malware threats, announced the completion of its $4 million Series A round of financing.


Enso Security raises $6 million to eliminate application security chaos
Published: 04-11-2020 | 12:24:58 | By: Bob Koigi
Enso Security, a pioneering Application Security Posture Management (ASPM) startup based in Israel, has announced $6 million in seed funding led by YL Ventures.


BrokerTech Ventures accelerator opens for 2021 cohort applications
Published: 29-10-2020 | 12:29:55 | By: Pie Kamau
BrokerTech Ventures, first broker-led convening platform and accelerator focused on delivering innovation to the insurance broker industry, has opened the application window for its 2021 BrokerTech Ventures Accelerator program.


Tel Aviv-based startup Deci raises $9.1m to craft next generation of AI
Published: 27-10-2020 | 14:23:00 | By: Pie Kamau
Deci, deep learning company dedicated to transforming the AI lifecycle has raised $9.1 million in a seed round led by Israel-based VC firm Emerge and global VC fund Square Peg.


Insurtech startup Next Insurance and Intuit QuickBooks integrate to provide seamless coverage for small businesses
Published: 26-10-2020 | 16:35:00 | By: Pie Kamau
Next Insurance, digital insurtech company transforming small business insurance and Intuit have teamed up to simplify the insurance purchasing process for millions of small businesses.


Tel Aviv based startup Dataloop raises $16m to launch its advanced platform for AI annotation and management
Published: 14-10-2020 | 15:40:00 | By: Pie Kamau
Dataloop, a platform for AI data management and annotation announced it has raised $16 million in funding following the completion of an $11 million Series A round led by Amiti Ventures.


Strigo raises $8 million financing for its remote software training solution
Published: 01-10-2020 | 16:42:33 | By: Bob Koigi
Israel technology training startup Strigo has announced that it has tripled its customer base since the outbreak of the COVID-19 virus and closed an $8 million Series A financing round.


EasySend raises $16m to enable insurance companies and financial institutions to build a no-code digital future
Published: 24-09-2020 | 14:03:00 | By: Pie Kamau
EasySend, the no-code AI-powered platform transforming manual processes into digital journeys, announced it has raised $16 million in funding following the completion of an $11 million Series A round led by Hanaco with participation from Intel Capital.


Phytolon secures $4.1 million funding for natural food colour tech
Published: 22-09-2020 | 15:17:00 | By: Bob Koigi
Israel-based Phytolon, a portfolio company of The Trendlines Group Ltd has announced that it secured $4.1 million in funding for its fermentation-based technology for the production of plant-based food colours.


Hetz Ventures closes on $77m for oversubscribed second fund to invest in B2B enterprise tech
Published: 16-09-2020 | 14:58:00 | By: Pie Kamau
Hetz Ventures, a leading venture capital fund for early-stage investments, announced the close of its second flagship fund, oversubscribed at $77 million.


AI-based startup SafeRide expands into Germany to support, accelerate growing business in Europe
Published: 14-09-2020 | 12:56:00 | By: Pie Kamau
SafeRide Technologies, a leading provider of AI-based vehicle health management, data analytics, and cybersecurity solutions for connected and autonomous vehicles, announced the opening of a new office in Germany.


Pcysys announces $25m Series B funding round led by Insight Partners
Published: 09-09-2020 | 14:56:00 | By: Pie Kamau
Cybersecurity Validation company, Pcysys, announced it has completed a $25 million Series B funding round led by US-based venture capital and private equity firm Insight Partners.


Agentless authentication provider Silverfort secures $30 Million funding for expansion
Published: 10-08-2020 | 13:02:00 | By: Bob Koigi
Silverfort, provider of the industry’s first agentless, proxyless authentication platform has raised $30 million in a series B investment round.


Microsoft Venture Fund, USVP invest in Israel cyber security startup Hunters
Published: 02-07-2020 | 16:19:00 | By: Bob Koigi
Israel-based tech startup Hunters has raised $15 million in Series A funding to scale its autonomous threat hunting solution to defend enterprises from intruders and missed attacks across cloud.