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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.
Dutch digital pen maker Nuwa secures €1.5 million investment to support production
This takes Nuwa’s total seed funding to €2.5m and will carry the Nuwa Pen through its final development process, ready for a launch to customers in March 2024.
Fintech startup Zebec debuts in Japan with payroll and payments solutions
This strategic move not only marks Zebec's continued global expansion but also underscores its commitment to fostering collaborative financial innovation worldwide.
Tech platform Vigilant Ops secures $2 million in seed funding to expand its portfolio
DataTribe, a global cyber foundry that invests in and co-builds next-generation cybersecurity and data science companies, has announced a $2 million seed investment in Vigilant Ops, an automation platform for the generation, maintenance, and authenticated sharing of certified Software Bill of Materials
Hyperlink Ventures launches $32 million debut fund to invest in next generation B2B software startups
The new fund will invest primarily in Series A and Series B stage companies, with a core focus on technology breakthroughs that help the world’s largest corporations and industries increase productivity through software.
Kenyan climate tech startup Amini raises $4 million seed funding raises to accelerate growth into new sectors
Amini’s successful raise follows a $2 million pre-seed funding round that closed in March 2023. The pre-seed round was led by Pale Blue Dot, backed by Superorganism who also participated in this seed round alongside new investors such as Satgana.
Lipa Later announces close of Sh500 million privately placed debt issuance
According to the company, the journey to empower Kenyan consumers with convenient and accessible financing options has been met with enthusiasm from customers and the private capital markets.
African fintech startup Lipa Later gets greenlight for public fundraising in US
Lipa Later Group is a global trailblazing innovator recognized as one of Africa's Fastest-Growing Fintech Companies by the Financial Times that continues to reshape the finance, payments, and e-commerce landscape in Africa.
Safaricom Shareholders approve two new subsidiaries to invest in Kenyan tech start-ups
These significant developments, approved at Safaricom’s 15th Annual General Meeting (AGM), represent a momentous step towards supporting tech entrepreneurs, fostering innovation, and fortifying Safaricom's role as a key enabler of the Kenyan tech community.
[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.
IP Fabric announces $25m Series B funding to accelerate adoption of network assurance
IP Fabric announced it has closed $25 million Series B funding round.
Pan-African payments startup PayDay re-launches in Rwanda, partners with Starlink to enable internet access
Pan-African payments startup PayDay has re-launched in Rwanda and announced a partnership that will enable Startlink customers to purchase their subscription services through the platform.
10 tech startup ideas to follow in 2023
In 2023, tech industries are poised for explosive growth, making it one of the most exciting years for entrepreneurs to pursue tech startup ideas.
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.
Highland Europe closes €1 billion fund to back growth-stage tech startups
Highland Europe announced it has closed its fifth fund, raising €1 billion to double down on its strategy of backing the Continent’s most outstanding founder-led teams in software and internet businesses.
The payment of goods and services will be in charge of cryptocurrencies
With the evolution of society, the use of money as a means of exchange in any financial transaction has become increasingly essential; it represents the value that a product, exemplary, or service can have worldwide.
Top 5 cryptocurrencies that increased and decreased their price due to the merge
The definitive elimination of Ethereum mining generated the greatest expectation regarding the migration of miners to the ETH network, to the point that the cryptocurrency market was expected to have an upward behavior that would undoubtedly benefit all investors.
The Kenya Trade Network Agency launches trade facilitation tool
The Trade Facilitation Platform facilitates trade in Kenya by reducing delays and lowering costs associated with clearance of goods at the Kenyan borders, while maintaining the requisite controls and collection of levies, fee and duties, where applicable, on imports and exports.
[Startup Interview] Assim Gupta, CEO, Closeloop Technologies, USA
Among the solutions it offers include website development, chatbots, ecommerce apps and mobile app development.
London-based zero-trust enterprise browser SURF launches out of stealth with seed investment round
New zero-trust enterprise browser SURF, announced it has launched out of stealth with an investment round led by 11.2 Capital, Okta Ventures, Mango Capital and security-focused Angel investors.
Cyber insurance startup Elpha Secure startup raises $20 million funding to boost offerings
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.
[Startup Interview] Ehsan, Mohammad, Reza, Co-founders, Coco, Austria
CoCo is a social media analysis platform. It helps to increase the effectiveness of advertising campaigns on social networks.
[Startup Interview] Alfiya Kayumova, CEO and co-founder, Green Growth, USA
Green Growth is a US-based agritech startup that runs a software and hardware-based solution consisting of a set of sensors, combined in a single infrastructure.
Bain Capital leads $12m seed round for scalable blockchain startup RISC Zero
RISC Zero announced a $12 million seed round led by Bain Capital Crypto. Follow-on investors include Geometry, D1 Ventures and Cota Capital among others.
Egyptian digital logistics startup Khazenly raises $2.5 million in seed funding to drive product development
Proceeds will be used to develop Khazenly’s products and services, and quadruple its existing facilities. Geographical expansion will also be supported as Khazenly continues its rapid growth trajectory during 2022.
African tech startup funding will double by 2025, research
African business leaders are forecasting a surge in spending on tech start-ups as foreign direct investment and improved internet connectivity helps establish the continent as a tech superpower, new research for blockchain-based mobile network operator World Mobile shows.
AAEC and WAEMU renew partnership with additional funding of 10 million CFA
The support will go towards improving the performance of the Africa e-Trade Hub platform to cater for the exchange of electronic certificates of origin as well as consolidating ongoing initiatives and further support Member States in the process of simplifying procedures and formalities.
realme addresses internet coverage gap with affordable smartphones
Phone manufacturer realme has captured the Kenyan market by making smartphones affordable hence closing a widening internet coverage gap, despite huge investments in high-speed internet across Africa.
[Column] Berenice Chassagne: Engaged Employee Experience: Balancing human and technology
Employee engagement is a key driver of the overall performance of a business.
TR Tech, LocoNav unveil GPS, IoT and vehicle telematics solutions in South Africa
Integrated tech-services provider TR Tech and disruptive full-stack fleet-tech startup LocoNav have collaborated in South Africa to provide state-of-the-art GPS, IoT, and Vehicle Telematics solutions.
Food startup Next Gen Foods debuts TiNDLE in the U.S., announces $100m Series A funding round
Food startup Next Gen Foods announced its first product TiNDLE, now available in a range of iconic restaurants across the East and West Coasts in some of the country's leading "foodie" cities.
Paperwork secures $2.5m seed funding to improve financial wellbeing of American families at all life stages
Paperwork, the financial wellness solution that transforms the way people organize and manage their financial lives, announced it has closed $2.5 million in seed funding in a raise led by Kickstart Fund.
Israeli logistics startup PrettyDamnQuick raises $6m seed round to expand growth in the U.S.
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.
Retailtech startup Cortina raises $6m seed round to accelerate growth
Cortina, a revolutionary software solution that gives any retailer, from big box to mom-and-pop, the power to become a player in the fast-evolving marketplace revolution, announced it has closed $6 million in seed money.
South Florida-based tech startup Casa closes $1.2m pre-seed round to launch 'Business in a Box' for home improvement industry
Casa, a South Florida-based technology startup that provides home improvement contractors turn-key software to run their business, announced the closing of a $1.2 Million pre-seed fundraising round.
London-based BSV blockchain startup accelerator Satoshi Block Dojo secures investment from Ayre Ventures
Satoshi Block Dojo, the London-based technology startup incubator that assists entrepreneurs building businesses on the BSV blockchain, has secured significant investment funding from Ayre Ventures
Paraclete raises $1.5m to launch world's first SoulCare platform
Paraclete, world's first SoulCare platform for the workforce, closed a $1.5 million pre-seed round to help workers live a thriving life at work, home, and everything in between.
AI recruiting startup Emi raises $11m to help enterprises hire better frontline workers, faster
Emi, the conversational AI recruiting platform for frontline workers, has secured $11 million in Series A funding, led by Merus Capital and Khosla Ventures.
Edtech startup Tutored by Teachers raises over $10m to bolster America's K-12 schools, close the opportunity gap for high-need students
EdTech startup Tutored by Teachers (TbT) announce it has raised over $10 million in Series A funding, led by GSV Ventures, to expand its teacher community.
GE Healthcare partners with Kenyan healthtech startup Afya Rekod to simplify access to medical records in Africa
GE Healthcare and Kenya-based startup Afya Rekod have announced a collaboration that seeks to transform care delivery through improved access to personal health data in Kenya, Nigeria, and South Africa.
Finnish EV charging startup eMabler partners with Fusebox to turn electric vehicles into profitable virtual power plants
Finnish electric vehicle (EV) charging startup eMabler and Fusebox, virtual power plant provider are collaborating to use electric vehicle charging to balance the energy grid.
The Sister Accord Foundation launches The Sister Accord Accelerator to support female entrepreneurs
The Sister Accord Foundation announced the launch of The Sister Accord Accelerator, to help female entrepreneurs rapidly grow and scale their businesses.
Singapore-based game-fi blockchain startup Ethlas raises $2.7m seed funding round
Singapore-based game finance (game-fi) blockchain startup, Ethlas, announced it has secured $2.7 million in seed funding from investors such as Sequoia Capital India and Yield Guild Games Southeast Asia.
FunFair Technologies launches new blockchain venture capital business
FunFair Technologies announced the launch of a new blockchain venture capital business, FunFair Ventures, with the aim to plug a gap in the funding process for early-stage blockchain projects.
Proptech startup PropBidder secures $1m seed funding round fuel its customer acquisition
PropBidder, a SaaS-enabled online bidding marketplace for buying and selling homes and condos, announced the closing of a $1 million seed funding round.
Kenyan foodtech startup Kune starts commercial operations in Nairobi
Kenyan foodtech startup Kune has officially launched commercial operations with four meal hubs located in strategic locations in Nairobi.
Four African startups selected for 10th cohort of Catalyst Fund fintech accelerator
Four African fintech startups have been selected to join the tenth cohort of the Catalyst Fund accelerator. The startups are among the six selected that are building solutions designed to improve the resilience of underserved.
CA-based foodtech startup Yali Bio raises $3.9m seed round to advance plant based cultured fat production
Yali Bio, a CA-based foodtech startup focused on designer fats for plant-based meat and dairy products announced today it has raised a $3.9 million seed round, bringing their total funding to $5 million.
Israeli's Astrix Security emerges from stealth with $15m seed round to secure enterprises' expanding web of third-party apps
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.
Epoch startup raises $3.6m to make employee experiences more engaging
Epoch, the employee experience platform, announced the close of $3.6 million in seed funding. Rally Ventures led the seed round, with participation from Precursor Ventures, Turner Novak, m]x[v, Maschmeyer Group Ventures and a number of angel investors.
Huobi Incubator announces second batch of partners for Web3 Scholarship
Huobi Incubator, the project incubation arm of Huobi Group, announced the second batch of partners for Web3 Scholarship, a funding platform for developers, builders, and projects in the Web3 field.
Cybersecurity startup Dazz appoints Mike Gesnaldo as Chief Revenue Officer
Dazz, cloud security remediation company, has announced the appointment of Mike Gesnaldo as Chief Revenue Officer. Gesnaldo will be responsible for building and executing a go-to-market and sales operation strategy.
Cross-border fintech startup Dowsure raises $20m to fuel growth of e-Commerce sellers in China
Shenzhen-based fintech startup Dowsure Technologies, has attracted the attention of global strategic investors, fueling the growth of millions of e-Commerce sellers from China on marketplaces like Amazon, eBay, Shopee and more.
Billups acquires adtech startup Outchart to advance programmatic digital OOH aspirations
Billups, the largest privately held out-of-home (OOH) technology and managed services company in the U.S., has acquired the assets of Outchart, a full-stack software provider for the digital out-of-home marketplace.
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.
German e-bike startup ADO debuts high-end urban commuter D30
Frunkfart-based startup ADO is debuting an high-end urban commuter e-bike D30 officially. At the same time, ADO will join hands with Insta360 to launch the co-branded ADO Insta360 GO 2 XE, to cross city and chase adventure.
Kenyan retail tech startup MarketForce raises $40m Series A to scale up super app for Africa’s informal merchants
MarketForce, the Nairobi-headquartered B2B platform for retail distribution of consumer goods and digital financial services in Africa, announced the closing of a $40 million Series A round.
London-based fintech startup Nous raises $9m seed to help households navigate the cost of living crisis
Nous (to rhyme with ‘house’) a London-based fintech startup, announced it has raised a $9 million seed financing round to build out its service that helps households get smart and stay vigilant as they navigate the imminent cost of living crisis.
Fearless Adventures leads £300K investment round for London-based personal safety startup WalkSafe
Fearless Adventures has led a £300,000 investment round to grow London-based personal safety app, WalkSafe, whose usage soared to half a million downloads following the murders of Sarah Everard and Sabina Nessa.
DevOps-as-a-Service startup Architect.io closes $5m seed round to power developer adoption and engineering velocity
Architect.io, the next-generation dependency-aware continuous delivery platform, announced $5 million in seed round funding, led by Next Coast Ventures.
Insurtech startup ennabl raises $4m to transform insurance brokerage
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.
African fintech Flutterwave rebrands, introduces new products and services
African fintech startup Flutterwave has unveiled a significant re-brand and identity during the Flutterwave 3.0, virtual event held on Friday, 18th February 2022.
Nigerian fintech startup Earnipay raises $4m to provide on-demand salary to workers
Nigerian fintech startup Earnipay which provides flexible and on-demand salary access to income-earners has closed a seed round of $4 million.
[African Startup Review] Pie Kamau: Nigerian fintech Flutterwave is now Africa's highest valued Unicorn
As the African fintech industry continues to bloom, so does the funding. Flutterwave has now become Africa's highest valued startup after closing $250 million Series D funding, bringing the company’s valuation to over $3 billion.
German startup Cansativa closes $15m Series B to become the ‘Amazon’ of cannabis for Europe
Cansativa Group announced it has closed a $15 million Series B investment led by Casa Verde with participation by Argonautic Ventures and Munich-based family office Alluti.
Flutterwave becomes highest valued African startup after closing $250m Series D funding
Technology company Flutterwave, announced it has raised $250 million in Series D funding, valuing the company at over $3 billion as the brand continues to transform the way Africans transact on the continent and worldwide.
Raydiant startup raises $30m Series B to reimagine in-store experiences for brick and mortars
Raydiant, the in-location experience management platform for brick-and-mortar enterprises, announced it has raised a $30 million Series B funding round led by 8VC and Atomic Ventures.
Payroll infrastructure startup Check raises $75m Series C to accelerate growth
Check, the payroll infrastructure company that lets platforms embed payroll into their products, announced it has raised a $75 million Series C led by Stripe, with participation from existing investors Bedrock, Thrive and Index.
Crypto investment firm Hartmann Capital launches $30m Metaverse Fund
Hartmann Capital, a four-year veteran in crypto asset management, announced the launch of its second fund specialized in exclusively investing into the Metaverse.
German healthtech startup Climedo raises €5m funding for product development, expansion within Europe
Munich-based healthtech company Climedo, received €5 million in a seed financing round. The lead investor is pan-European VC firm Nauta Capital. Westtech Ventures from Berlin and existing business angels.
Boston AI tech startup hOS secures $12.8m seed round to accelerate growth
hOS, an AI technology startup started by DataRobot Founder Jeremy Achin, announced the close of a $12.8 million seed round led by NEA, with additional participation from B5 Capital, Cortical Ventures, IA Ventures and Sequoia.
Brazilian fintech startup Trace Finance raises $4.3m seed investment to disrupt global banking for Latin American startups
Trace Finance, a Brazilian fintech startup that enables faster and more streamlined cross-border banking for startups, has announced a $4.3 million seed funding round.
Fifth Wall closes €140m oversubscribed European Real Estate Technology Fund
Fifth Wall, the venture capital firm focused on technologies for the global real estate industry, announced that it has closed an oversubscribed €140 million for its European Real Estate Technology Fund (European Fund).
MENA's c-Commerce startup Zbooni launches in Egypt
Zbooni, MENA's c-Commerce (connected commerce) platform, has announced its official launch in Egypt. The rapidly scaling startup, which is backed by regional and global investors, will support the backbone of the Egyptian economy.
London-based healthtech startup ExSeed secures £2.5m for its male fertility testing kit
London-based male fertility startup ExSeed Health announced the closing of £2.5 million investment round, taking its seed-stage funding to over £5 million.
TDK Ventures invests in green hydrogen-electrolysis startup Verdagy
TDK Corporation announced that subsidiary TDK Ventures, Inc. has invested in green hydrogen company Verdagy to enhance the development and rapid commercialization of their scalable, low-cost approach to hydrogen electrolysis.
Las Olas Venture Capital invests in Leverage.ai to modernize global supply chains
Las OIas Venture Capital (LOVC), announced its third Fund II investment in Leverage.ai. to modernize the global supply chains.
South African fintech startup Stitch raises $21m Series A funding to scale its operations
South African API fintech startup Stitch has raised a $21 million Series A funding round to scale its operations.
Remedial Health joins Y Combinator, raises $1m pre-seed funding to digitize Africa's neighbourhood pharmacies
Remedial Health, a healthtech startup that develops solutions to make Africa’s pharmaceutical sector more efficient, has raised $1 million in pre-seed funding to roll out its digital procurement.
Hamburg-based cofenster closes €8m Series A financing for expansion and product development
Software company cofenster raised €8 million in a Series A funding round led by signals Venture Capital with existing investor, Capnamic, reinvesting. In addition, a number of well-known entrepreneurs are participating as angel investors.
London-based Bramble Energy closes £35m to fund its hydrogen fuel cell technology
London-based fuel cell company Bramble Energy has closed a £35 million investment round to help further expand its game changing capabilities in solving key challenges in the production and implementation of hydrogen fuel cell stacks.
Silicon Valley fintech startup Branch raises $300m to open mobile ecosystem, provide solution to walled gardens
Branch, the cross-platform solution for mobile linking and attribution, has secured $300 milion in funding at a $4 billion valuation, led by existing investor NEA.
OSF partners with Indiana-based venture studio High Alpha Innovation advance startup ideas
OSF HealthCare announced it has chosen High Alpha Innovation, to help rapidly advance ideas from exploration to implementation or commercialization within and outside the health system.
Fraugster partners with Dutch-based fintech startup Payaut to provide fraud prevention services to e-Commerce marketplaces
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.
[African Startup Review] Pie Kamau: Capital funding for tech startups gain momentum in 2022
The startup ecosystem in Africa is taking shape. A lot of technological innovations especially in the areas of fintech, e-mobility, e-commerce, healthtech, foodtech and cleantech have seen accelerated growth towards Africa’s digital transformation and innovation.
Berlin-based contech startup Flexcavo receives around €7m to expand and digitize the construction industry
After the successful completion of the seed financing round with 6.4 million euros in September 2021, Berlin-based contech startup has increased its capital by around €7 million through various lenders.
Zurich-based smart data capture pioneer Scandit completes $150m Series D funding to expand its global footprint
Zurich-based Scandit, the global player in smart data capture, has completed a Series D funding round of $150 million at a company valuation in excess of $1 billion.
SaaS startup Aramid Technologies raises $2m seed round to redefine quality certification management in global supply chains
SaaS startup Aramid Technologies announced it has raised $2 million in seed funding to expand its flagship product, SmartCert.
Dallas-based Tegan Digital partners with Dents.co startup to revolutionize the collision industry
Dallas-based digital agency Tegan Digital has partnered with Dents.co to develop a startup launch kit, including an email marketing strategy and video production, to support new B2B tech product.
Vietnam-focused retail investing app Infina closes $6m seed funding to accelerate growth
Vietnam-focused retail investing app Infina, announced the closing of $6 million in seed funding from Sequoia Capital India’s Surge, Y Combinator, Saison Capital, Starling Ventures, Alpha JWC, and AppWorks.
Egyptian digital investment startup Thndr raises $20m to democratize investing in the MENA region
Thndr, the Egyptian digital investment platform, announced a new $20 million series A investment round co-led by Tiger Global, BECO Capital and Prosus Ventures.
Amsterdam-based Polestar Capital opens €100m circular economy fund, largest of its kind in Europe
Amsterdam-based Polestar Capital Polestar Capital announced the launch of the biggest circular economy fund in Europe. The fund, called the Polestar Capital Circular Debt Fund (PCDF), has opened at €100 million
London-based m3ter launches from stealth with $17.5m funding to expand into new markets
m3ter, a metering and pricing engine for SaaS companies, launched from stealth with the announcement of $17.5 million in funding. The investment will support m3ter as it builds on significant early traction to expand into new markets.
Agribusiness e-Commerce startup Agrizon receives investment to expand operations in Latin America
Agrizon, a specialized cross-border e-Commerce company that connects and delivers worldwide brands of ag inputs to farmers and businesses, has received investment from Latin Leap Venture Capital Studio to expand operations in Latin America.
Cincinnati fintech startup Pay Theory raises $2m seed round to accelerate growth
Pay Theory, a Cincinnati-based fintech startup, has closed a $2 million seed funding round led by Zeal Capital Partners, a Washington, D.C.-based venture capital firm known for its commitment to inclusive investing.
Mexican fintech startup Flexio raises $3m seed round to transform B2B payments in Latin America
Flexio, a platform revolutionizing business-to-business (B2B) payments in Latin America, announced it has raised $3 million seed round led by Costanoa Ventures with participation from Soma Capital.
Irish e-mobility startup Modmo raises €8.7m seed round to accelerate urban transportation
Irish e-mobility startup Modmo closed out 2021 with a €5 million investment from Ballymore Group CEO Sean Mulryan, in addition to €2.7 million raised in September and €1 million in March from several angel investors.
Canadian impact venture fund Amplify Capital closes $30.7m Fund II, expands investment team
Amplify Capital, a Canadian impact venture fund, closed its oversubscribed Fund II on January 31, 2022, at $30.7 million. Amplify Capital was rebranded from the MaRS Catalyst Fund after spinning out of the MaRS Discovery District in 2019.
Fintech startups hub Abaca crosses $2b in compliant cannabis commerce
Cannabis banking fintech company Abaca surpassed compliantly processing more than two billion dollars in commerce for the cannabis industry.
Japanese powerhouses mixi and DAZN partner to create a sports NFT marketplace on Flow
Media powerhouse mixi, Inc. and global sports streaming service DAZN Japan Investment GK today announced that DAZN MOMENTS, a sports NFT marketplace, will launch on Flow, a Web3 platform designed for consumer-friendly applications.
Pakistani logistics startup Truck It In raises $13m seed round to transform the road freight industry
Pakistan’s logistics tech startup Truck It In closed $13 million seed round jointly led by venture capital firms Global Founders Capital and Fatima Gobi Ventures.
Wealthtech startup Ndovu launches in Kenya
Wealthtech startup Ndovu officially launched in Kenya. Founded by Radhika Bhachu, Ro Nyangeri, and Gianpaolo De Biase, Ndovu is an investment platform that provides easy access to financial markets.
South African fintech Ukheshe achieves Level One B-BBEE rating
South African fintech, Ukheshe Technologies, has significantly improved its B-BBEE performance, becoming one of the only South African fintech enablers to achieve a Level One B-BBEE Contributor certification.
Docklands Ventures acquires South African proptech startup ParkUpp
Real estate investment company Docklands Ventures has acquired South African proptech startup ParkUpp for an undisclosed amount.
FirstEnergy invests $2.5m venture capital fund in Energy Impact Partners' to advance sustainable energy future
To help advance a sustainable energy future, FirstEnergy Corp. announced a $2.5 million investment in global venture capital firm Energy Impact Partners' (EIP) Frontier Fund.
SaaS management startup NachoNacho raises $3m to upend the SaaS industry
NachoNacho, a single destination for businesses to manage, discover, and buy SaaS products, and for SaaS vendors to acquire net new paying customers, announced the close of $3 million seed round.
Australian climate tech startup UPowr launches Helios to help companies decarbonise customer base, increase LTV
Australian climate tech company UPowr, launched its flagship climate software solution Helios in beta mode to select partners.
Kenyan logistics startup Amitruck raises $4m seed funding to accelerate digital solutions across Africa
Kenya-based digital trucking logistics startup Amitruck has announced it has secured $4 milllion in a seed funding round that had the participation of investors from Africa, Asia, Europe, the Middle East, and the U.S.
African mobility fintech company Moove secures $10m financing to support expansion to West Africa
NBK Capital Partners Mezzanine Fund II has announced that it closed a $10 million financing facility with Uber's exclusive vehicle supply partner in Africa, the mobility fintech, Moove.
F-Prime Capital launches F-Prime Fintech Index to track the performance of disruptive fintech startups
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
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.
Event tech startup Vendelux raises $2.4m seed round to provide marketers with event marketing intelligence
Vendelux, the premier Event Intelligence Platform that enables marketers to maximize the impact from the event marking channel, announced the closing of $2.4 million in seed capital financing.
[Startup Interview] Venkatesh C.R., CEO, Dot Com Infoway, India
Dot Com Infoway (DCI) is a CMMI Level 3 multi-national IT company and a player in custom software development, Web Development, Internet Marketing, Open Source Solutions, mobile application marketing with offices in India and the USA.
[Startup Interview] Manoj Ranaweera, CEO, SkilledUp Life, UK
SkilledUp Life is a UK-based two-sided marketplace for anyone, volunteers, to gain new experiences and build skills free of charge, and for bootstrapped tech startups, companies, to fill skills gaps in their teams with free talent.
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.
French startup PayFit raises €254 million to transform HR technology
PayFit, a France-based payroll and HR management solution for SMEs, has announced that it has raised €254M in a Series E funding round, a record-breaking amount for a French human resources (HR) startup.
HUMAN raises $100 million in growth funding to build a more secure internet
Today, HUMAN protects the world’s largest enterprises and internet platforms from sophisticated bot attacks and fraud across the domains of application security, digital advertising, and performance marketing.
Decentralized Mateverse social startup BOOM establishes $1 million fund to support creators
BOOM, a decentralized crypto native community platform focused on NFT+Social recently announced the launch of IOS and Android App.
Israel tech startups raised $25.4 billion in 2021, report
The unprecedented figure represents a 136% increase over last year, which concluded with a full-year total of $10.8 billion raised.
Israel-based tech startup flexiWAN receives investment from VentureIsrael to power expansion
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
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.
Liqid raises $100 million to drive scalable and sustainable software-defined data centers
Liqid, the global software company delivering data center composability, today announced $100 million in Series C funding.
Machine learning company Hyperscience acquires German-based startup Boxplot
Hyperscience, the human centered automation company, has announced it has completed the acquisition of Boxplot, a startup based in Berlin, Germany.
GrowMark and CHS unveil a new capital fund targeted at agtech startups
Agricultural cooperative firm GrowMark and global agribusiness company CHS have announced the formation of Cooperative Ventures, a new capital fund that will focus on creating advancements in breakthrough technologies for the agriculture industry.
Israeli data security startup Laminar emerges from Stealth with $32 million Series A funding
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.
VentureIsrael invests in Israeli startup Fincom.co, developer of the 'Phonetic Fingerprint' AML screening solution
Fincom.co develops and deploys Streamlined Data Search Solutions for instant and accurate AML/KYC, Data Mapping, Entity Resolution and Homeland Security applications.
Singapore cybersecurity startup BitTrap develops detection technology to address surge in cyberattacks
Singapore cybersecurity startup BitTrap announced a blockchain-based cybersecurity solution that leverages attackers' motivations to provide singular detection capabilities.
French real-time engagement startup Sparkup expands in the Middle East
Sparkup, a French startup specializing in real-time engagement solutions, has chosen to expand in the Middle East and will introduce its latest innovations at GITEX and CABSAT in Dubai.
[Startup Interview] Burjiz Pithawala, Co-Founder, Elisity, USA
Elisity is a USA-based startup that is helping companies redefine security and access in a world transformed by cloud, mobility, and connected devices.
Cybersecurity Startup ActZero announces partnership with Tech Data
Together, ActZero and Tech Data aim to help organizations accurately detect, learn from, and prevent emerging security threats.
Il Makiage acquires Israeli computer vision startup Voyage81
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.
Dating app startup So Syncd raises $1m seed round to grow its user base in the US
So Syncd, the dating app that matches compatible personality types, raised a seed round of $1 million to grow its user base in the US.
Telecel Group launches applications for Africa startups accelerator programme
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.
[Interview] Esinam Yevu, Co-Founder, PayBox, Ghana
Esinam Yevu is Co-Founder and Communications Lead at Ghanaian fintech startup, PayBox
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.
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