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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3851954 | Tags:

[Interview] Fedir Kompaniiets, CEO, Gart Solutions, Ukraine
Published: 09-02-2024 | 13:35:00 | By: Bob Koigi
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
Published: 12-01-2024 | 11:58:32 | By: Bob Koigi
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
Published: 09-01-2024 | 15:58:36 | By: Bob Koigi
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
Published: 09-01-2024 | 15:51:00 | By: Bob Koigi
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
Published: 09-01-2024 | 15:29:00 | By: Bob Koigi
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
Published: 01-12-2023 | 11:13:24 | By: Bob Koigi
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
Published: 26-09-2023 | 12:15:00 | By: Bob Koigi
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
Published: 01-09-2023 | 12:45:00 | By: Bob Koigi
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
Published: 28-07-2023 | 13:28:53 | By: Bob Koigi
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
Published: 14-07-2023 | 15:26:00 | By: Pie Kamau
More consumers are taking a closer look at their connectivity requirements.


IP Fabric announces $25m Series B funding to accelerate adoption of network assurance
Published: 29-06-2023 | 13:35:00 | By: Pie Kamau
IP Fabric announced it has closed $25 million Series B funding round.


Woflow acquires European startup XtremeAI to expand reach bolster AI capabilities
Published: 05-06-2023 | 15:08:00 | By: Pie Kamau
Woflow, the data infrastructure company, announced the acquisition of XtremeAI


Figure announces $70m Series A to support commercialization of Figure 01 humanoid robot
Published: 31-05-2023 | 11:47:00 | By: Pie Kamau
Figure, an AI Robotics company, announced its $70 million Series A funding round


46VC invests in Exum Instruments' Series A funding round
Published: 31-05-2023 | 11:08:00 | By: Pie Kamau
FortySix Venture Capital (46VC), announced its strategic investment in Exum Instruments' Series A funding round.


How payment technology is changing the rulebook on South African retail
Published: 31-05-2023 | 10:48:00 | By: Pie Kamau
The past few years have seen the proliferation of new methods of transacting.


Plenitude, Energica partner to provide innovative solutions for electric mobility
Published: 31-05-2023 | 10:19:00 | By: Pie Kamau
Plenitude (Eni) and Energica have partnered to develop new cutting-edge projects.


Dental marketplace Wellplaece launches with $5.5m seed round
Published: 31-05-2023 | 10:05:00 | By: Pie Kamau
Dental marketplace Wellplaece announced the company's Private Beta launch.


5 UK cities leading the way in sustainable transport, Plug and Play
Published: 30-05-2023 | 10:16:00 | By: Pie Kamau
The need for transportation systems that prioritize environmental sustainability has gained significant momentum.


Satgana invests in pre-seed round of French electric bike startup Loewi
Published: 30-05-2023 | 09:43:00 | By: Pie Kamau
Satgana has invested in the pre-seed round of Paris-based electric bike startup Loewi.


Adonis raises $17.3m to transform revenue outcomes for healthcare providers across the U.S.
Published: 30-05-2023 | 09:16:00 | By: Pie Kamau
Adonis announced it has raised $17.3 million in Series A financing.


[Column] Mukesh Bector: A simple place to start if you’re lagging on digital transformation
Published: 30-05-2023 | 08:59:00 | By: Pie Kamau
Digital transformation: we’ve all heard the phrase a thousand times.


Nigeria's regtech startup Youverify launches its full cycle compliance solutions in Kenya
Published: 30-05-2023 | 08:47:00 | By: Pie Kamau
Youverify has officially entered the Kenyan market. 


6 smart ways finance leaders are cutting business costs in 2023, Sastrify
Published: 29-05-2023 | 14:39:00 | By: Pie Kamau
It has long been a common practice for companies to make reactive cost cuts.


Genetica raises $500k seed round to make cannabis shopping smarter with AI
Published: 29-05-2023 | 14:04:00 | By: Pie Kamau
Genetica, an AI cannabis retail platform, announced the close of its seed round.


[Column] Joanne Mwangi – Yelbert: Entice more women in tech to bridge skills gap and bolster growth
Published: 29-05-2023 | 13:50:00 | By: Pie Kamau
Incredible improvements in tech are rapidly reshaping our world.


Startups flock to too-big-fo-fail banks, Kruze Consulting
Published: 29-05-2023 | 13:20:00 | By: Pie Kamau
Based on data from 160+ venture fund startups and more than $2 billion in cash, startups have been flocking to the major banks


Parking solution startup Bootstrapped launches proprietary app to empower property owners
Published: 29-05-2023 | 13:06:00 | By: Pie Kamau
Innovative parking solution startup Xtraspots has been quietly gathering momentum.


Wicked Kitchen acquires Current Foods to lead the way in plant-based industry transformation
Published: 26-05-2023 | 12:05:00 | By: Pie Kamau
Wicked Kitchen announced the acquisition of Current Foods.


G.O.A.T. Fuel closes $5m seed round to accelerate growth trajectory
Published: 26-05-2023 | 11:44:00 | By: Pie Kamau
G.O.A.T. Fuel announced the successful closing on its initial Series Seed round of financing.


Alpine Space Ventures secures €60m to support the growing commercial NewSpace ecosystem
Published: 26-05-2023 | 11:06:00 | By: Pie Kamau
The EIF is committing €60m in equity to Alpine Space Ventures.


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.


Pluton Biosciences raises $16.5m Series A funding to fight climate change
Published: 26-05-2023 | 10:31:00 | By: Pie Kamau
Pluton Biosciences announced the close of a $16.5 million Series A funding round.


boombox.io raises $7m to build out creator platform for music makers
Published: 25-05-2023 | 15:25:00 | By: Pie Kamau
boombox.io.io, a collaboration platform for music makers, announced it has closed $7 million of seed capital.


Startup CEO salaries decline to 2019 levels, Kruze Consulting
Published: 25-05-2023 | 14:46:00 | By: Pie Kamau
Kruze Consulting has released new data on startup CEO salaries.


Austrian SaaS startup Shopstory scores million-dollar investment to accelerate growth
Published: 25-05-2023 | 14:31:00 | By: Pie Kamau
Austrian SaaS startup Shopstory has scored another million-dollar investment.


Volition raises $11m to scale the world's largest industrial parts marketplace
Published: 25-05-2023 | 13:35:00 | By: Pie Kamau
Volition has announced an $11 million seed round led by Newark Venture Partners.


Leveraging proptech for urban design that promotes sustainable transport, Plug and Play
Published: 23-05-2023 | 14:17:00 | By: Pie Kamau
Proptech is becoming a part of a transformational movement in transportation.


Stark Raving launches growth marketing solution for life science startups looking to scale faster
Published: 23-05-2023 | 13:57:00 | By: Pie Kamau
Stark Raving announced the launch of a suite of growth marketing solutions.


CoinsPaid sees potential in Estonian market, ready to drive innovation in startup ecosystem
Published: 23-05-2023 | 13:35:00 | By: Pie Kamau
CoinsPaid continues to develop and places emphasis on the potential of Estonia.


FlowX.AI raises $35m to transform application modernization at large banks
Published: 23-05-2023 | 11:29:00 | By: Pie Kamau
FlowX.AI announced it has raised a $35 million Series A funding round.


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.


Surgical visualization startup ClearCam closes $4m Series 3 seed funding round
Published: 18-05-2023 | 16:10:00 | By: Pie Kamau
ClearCam announced the closing of $4 million in seed round funding.


Planera raises $5.4m seed funding to transform the construction industry
Published: 18-05-2023 | 15:21:00 | By: Pie Kamau
Planera has raised $5.4m seed funding to transform the construction industry.


Climate tech startup Amini raises $2m to solve environmental data scarcity for Africa
Published: 18-05-2023 | 14:51:00 | By: Pie Kamau
Amini, Corp. has raised $2 million in pre-seed funding in an oversubscribed round.


Absa acquires minority stake in South African agritech startup Khula!
Published: 18-05-2023 | 14:33:00 | By: Pie Kamau
Absa Bank has acquired a minority stake in South African agritech startup, Khula! 


UK biotech startup Resurrect Bio completes seed investment round to develop disease resistant crops
Published: 17-05-2023 | 13:27:00 | By: Pie Kamau
Resurrect Bio, a biotechnology startup which is on a mission to revolutionize the agricultural industry by giving crops the genetic tools to defend themselves against disease, has completed its seed investment round, totaling at £1.61 million.


Singapore-based tech-enabled coffee chain Flash Coffee extends Series B round to $50m
Published: 17-05-2023 | 13:01:00 | By: Pie Kamau
Singapore-based tech-enabled coffee chain Flash Coffee has announced the successful completion of its Series B financing round led by White Star Capital, raising a total of $50 million following its latest closing.


7 in 10 UK tech workers consider hybrid working a key factor when considering a future employer, report
Published: 17-05-2023 | 12:47:00 | By: Pie Kamau
Techspace has released The Scaleup Culture Report, a national report diving into the current state of workplace culture across the UK tech industry.


Amsterdam-based cyber fraud startup ThreatFabric closes €11.5m seed round to accelerate growth
Published: 17-05-2023 | 11:47:00 | By: Pie Kamau
ThreatFabric, the provider of fraud detection solutions & intelligence for the financial services sector, has raised €11.5 million in a seed round to expand its technical capabilities and support the company’s growth.


Nigerian cold-chain startup Gricd rebrands as Figorr, secures $1.5m seed funding to support data-driven insurance for perishable goods in Africa
Published: 17-05-2023 | 11:27:00 | By: Pie Kamau
Gricd, a technology company that develops Internet of Things-powered solutions to support the last-mile delivery of perishable goods, has secured $1.5m seed funding.


The 7 most sustainable cities creating the future of work after COVID-19, Plug and Play
Published: 16-05-2023 | 12:59:00 | By: Pie Kamau
The World Health Organization recently announced that COVID-19 is no longer a global emergency. However, the impact of the pandemic has left a lasting mark on all industries.


VOSMOS introduces DIY Virtual Events platform for user-created, customized virtual events
Published: 16-05-2023 | 12:33:00 | By: Pie Kamau
VOSMOS, a tech startup that specializes in Metaverse and virtual experiences, has launched VOSMOS.Events, a DIY or user-created virtual events platform.


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).


Golden Gate Ventures doubles down on Locofy.ai investment to accelerate go-to-market for startups and enterprises
Published: 16-05-2023 | 11:23:00 | By: Pie Kamau
Golden Gate Ventures, a venture capital fund in Southeast Asia (SEA), has injected a second round of investment into Locofy.ai, a platform that converts graphic designs into working code with AI.


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.


UK-based SaaS startup Fundpath secures £4m funding round with Fuel Ventures
Published: 12-05-2023 | 13:51:00 | By: Pie Kamau
Fundpath, the data and technology business bridging the information disconnect between asset managers and wealth managers, announced the completion of a £4m late seed funding round with Fuel Ventures.


[Column] Malik Shaffy Lizinde: Unlocking the potential of AI-from fear to excitement
Published: 12-05-2023 | 13:26:00 | By: Pie Kamau
AI is becoming a significant part of our lives, and there's a growing concern that it will replace human jobs, leading to unemployment.


South African healthtech startup Quro Medical raises $1.3m funding from Mineworkers
Published: 12-05-2023 | 13:12:00 | By: Pie Kamau
Quro Medical, the South African e-health startup has received a $1.3 million investment from leading investment firm the Mineworkers Investment Company (MIC).


German startup Wingcopter secures €40 to scale up electric delivery drones and logistics services
Published: 11-05-2023 | 15:13:00 | By: Pie Kamau
The European Investment Bank (EIB) will provide a €40 million quasi-equity investment into Wingcopter, a European pioneer in unmanned delivery drone technology and related services.


Spacetech startup EnduroSat secures $10m Series A funding to streamline satellite data
Published: 11-05-2023 | 14:58:00 | By: Pie Kamau
Spacetech startup EnduroSat, has raised $10m Series A funding, led by the EU investment firm CEECAT Capital, focused on the high growth markets of CEE Europe.


South African healthtech startup Guidepost unveils chatbot for diabetic patients
Published: 11-05-2023 | 14:20:00 | By: Pie Kamau
South African healthtech startup Guidepost has unveiled an AI-powered chatbot to help citizens living with diabetes better manage their condition.


Kenya's B2B e-Commerce startup Wasoko expands to Zambia
Published: 11-05-2023 | 14:10:00 | By: Pie Kamau
Wasoko has revealed plans to invest over $1 million in Zambia. The B2B retail and e-Commerce made this announcement while announcing its official entry into the Southern African country. 


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.


Milan-based fintech startup Viceversa closes €10m Series A funding round to accelerate growth
Published: 10-05-2023 | 15:57:00 | By: Pie Kamau
Viceversa, the Milan-based fintech startup that introduced revenue-based financing to Italy to support the growth of digital companies, announced the closing of €10 million Series A financing round.


Aegis Ventures, Northwell Holdings launch healthtech startup Optain to detect and prevent early stage diseases
Published: 10-05-2023 | 15:35:00 | By: Pie Kamau
Ascertain, a revolutionary collaboration between Aegis Ventures and Northwell Holdings, announced a seed funding round to launch Optain, an artificial intelligence company.


IDC Ventures appoints Jaclyn Baumgarten as Managing Partner to spearhead US expansion
Published: 10-05-2023 | 15:20:00 | By: Pie Kamau
IDC Ventures (IDCV), announced the appointment of Jaclyn Baumgarten as a Miami-based Managing Partner and the head of its US operations.


Dairy Runway program launches to provide education and support for early-stage dairy innovators
Published: 10-05-2023 | 15:09:00 | By: Pie Kamau
Cornell University's Center for Regional Economic Advancement (CREA) and the Northeast Dairy Foods Research Center have launched the Dairy Runway program, an entrepreneurship curriculum for dairy innovators.


Tech Seoul partners with Starta Ventures to expand global outreach for Korean startups
Published: 10-05-2023 | 14:45:00 | By: Pie Kamau
Tech Seoul, an online English news platform, announced it has signed a partnership agreement with Starta Ventures, a mid-sized venture capital firm based in New York, to support the global expansion of Korean startups.


How automotive solutions will create sustainable urban living, Plug and Play
Published: 09-05-2023 | 15:37:00 | By: Pie Kamau
Automotive solutions play a critical role in creating sustainable cities, particularly in regard to real estate, urban planning, IoT, AI, and smarter cities in general.


GC Ventures invests in UK-based startup Interface Polymers to enhance plastics recyclability
Published: 09-05-2023 | 15:16:00 | By: Pie Kamau
GC Ventures (GCV), a subsidiary of PTT Global Chemical PLC (GC), is investing in the British company Interface Polymers Ltd. This investment opens new horizons for GC Group, enabling more efficient and sustainable plastic recycling.


How to make your SaaS company grow, Product Fruits
Published: 09-05-2023 | 14:40:00 | By: Pie Kamau
SaaS (Software-as-a-Service) is the most agile and fastest-growing form of the software industry. Here are the best SaaS practices to help your business grow.


Hilversum-based software platform Instruqt raises €15m to help companies improve product demos, trainings
Published: 09-05-2023 | 13:28:00 | By: Pie Kamau
Instruqt, the product-led growth platform that transforms the way tech professionals learn new technologies with interactive product experiences, announced it has raised €15 million Series A funding.


Innovate UK launches £100m AI Fund for UK business
Published: 09-05-2023 | 13:03:00 | By: Pie Kamau
Innovate UK, the UK’s national innovation agency, has unveiled BridgeAI, a new programme which aims to drive growth and competitiveness in the UK economy through the adoption of artificial intelligence (AI) and machine learning (ML). 


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.


Fintech startup Setscale launches out of stealth with ~ $80m equity and debt raise
Published: 05-05-2023 | 16:33:00 | By: Pie Kamau
Setscale, a fintech startup revolutionizing purchase order financing for SMBs, announced it has raised a $9.5 million seed funding round, as well as secured up to $70 million in debt.


AAM invests in EnerTech's Global Strategic Mobility Fund to advance automotive technologies
Published: 05-05-2023 | 16:13:00 | By: Pie Kamau
American Axle & Manufacturing (AAM), a pioneer in driveline and metal forming technology, announced a $10 million investment in the Global Strategic Mobility Fund (GSMF), a venture capital fund managed by EnerTech Capital.


Claret Capital Partners launches €72m Opportunity Fund to support its performing portfolio companies
Published: 04-05-2023 | 13:15:00 | By: Pie Kamau
Claret Capital Partners, the London-based Pan-European growth capital adviser, announced the launch of its first Opportunity Fund, the Claret European Growth Opportunities Annex Fund I, with a total size of €72 million.


Nigerian payments startup Nomba raises $30m pre-Series B funding round
Published: 04-05-2023 | 13:05:00 | By: Pie Kamau
Nigerian payment service provider Nomba has raised a $30 million pre-Series B funding round to support the delivery of bespoke payment solutions for African businesses.


Oncology Ventures invests in next-gen cancer startups for affordable, efficient and accessible cancer care
Published: 04-05-2023 | 12:53:00 | By: Pie Kamau
Oncology Ventures, the trusted partner for early stage cancer startups, has announced its investment in the next generation of cancer startups.


Danish startups pursue US expansion opportunities through TMC Biobridge
Published: 04-05-2023 | 12:39:00 | By: Pie Kamau
Texas Medical Center (TMC) and the BioInnovation Institute (BII) announced that three startups from BII will join a customized accelerator program tailored for helping startups build their US go-to-market strategy.


Denmark-based soil carbon startup Agreena raises €46m to scale the regenerative revolution
Published: 04-05-2023 | 10:17:00 | By: Pie Kamau
Denmark-based climate and fintech startup Agreena, whose soil carbon platform is one of the largest globally, announced its Series B raise of €46 million.


Transforming public health solutions via AI revolutions, Plug and Play
Published: 03-05-2023 | 10:31:00 | By: Pie Kamau
Public health has traditionally been understood as a mission-driven industry that could not be profitable but, rather, one that utilizes a non-profit structure.


OtherLeft Ventures launches healthcare-focused venture studio in Nashville, TN
Published: 03-05-2023 | 10:16:00 | By: Pie Kamau
OtherLeft Ventures announced the launch of its healthcare-focused venture studio in Nashville, Tennessee (TN).


[Column] Oluwatobi Amusan: Financial inclusion in Africa with embedded trade finance
Published: 03-05-2023 | 10:03:00 | By: Pie Kamau
There can be no talk of financial inclusion in Africa without trade finance. Trade promotes economic growth, reduces poverty, fosters economic and cultural links between regions and countries, and facilitates capital movement.


Atlanta-based startup Makeswift raises $3m to help marketers build enterprise-class, composable websites
Published: 03-05-2023 | 09:45:00 | By: Pie Kamau
Makeswift, the visual builder for Next.js websites, announced it has raised $3 million to empower marketers to build and manage powerful websites without engineering intervention.


Africa’s mezzanine debt fund manager Vantage Capital exits Dynamic Bedding
Published: 03-05-2023 | 09:12:00 | By: Pie Kamau
Vantage Capital, Africa’s mezzanine debt fund manager, announced it has fully exited its investment in Dynamic Bedding, a South African specialist bed manufacturer and retailer.


Fintech startup Pyypl rolls out social, micro-investment platform for African entrepreneurs and micro-SMEs
Published: 03-05-2023 | 08:52:00 | By: Pie Kamau
Fintech startup Pyypl has announced the commercial rollout of its social, micro-investment platform for self-employed entrepreneurs and micro-SMEs in Africa.


Swedish sodium-ion battery developer Altris secures €4.8m funding, appoints new CEO and CFO
Published: 02-05-2023 | 12:17:00 | By: Pie Kamau
Altris, the Swedish sodium-ion battery developer, has secured €4.8 million of bridge financing from its current owners and appointed Björn Mårlid as its new CEO and Christer Bergquist as new CFO.


Early stage VC firm True Ventures creates practical framework to help startups decarbonize
Published: 02-05-2023 | 11:43:00 | By: Pie Kamau
True Ventures announced the launch of the True Climate Action Guide to help its portfolio founders and companies across the technology ecosystem reduce carbon emissions.


African blockchain startups raised $474m in 2022, report
Published: 02-05-2023 | 11:29:00 | By: Pie Kamau
The growth of the African crypto market has been remarkable in spite of the ongoing crunch the industry is experiencing globally.


How two teenagers harnessed the power of TikTok to build a million dollar golf brand
Published: 02-05-2023 | 11:24:00 | By: Pie Kamau
Less than eighteen months ago, Golf Daddy Co-founders, Daniel Puumalanien and Paul Boranian were working at a fashion-tech startup when the idea to launch a golf training aid became a reality.


JetBlue Ventures, Plug and Play partnership yield successful outcome in travel and hospitality industry
Published: 02-05-2023 | 11:09:00 | By: Pie Kamau
JetBlue Ventures and Plug and Play Tech Center announced that their partnership has once again been successful in fostering innovation and growth in the travel industry.


Pan-African payments startup PayDay re-launches in Rwanda, partners with Starlink to enable internet access
Published: 02-05-2023 | 10:56:00 | By: Pie Kamau
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
Published: 07-02-2023 | 12:00:00 | By: Bob Koigi
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
Published: 02-02-2023 | 11:33:00 | By: Pie Kamau
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
Published: 23-01-2023 | 14:35:00 | By: Pie Kamau
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
Published: 09-01-2023 | 09:00:00 | By: Bob Koigi
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
Published: 09-01-2023 | 09:00:00 | By: Bob Koigi
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
Published: 22-12-2022 | 06:57:06 | By: Bob Koigi
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
Published: 24-11-2022 | 08:05:59 | By: Bob Koigi
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
Published: 14-11-2022 | 16:56:00 | By: Pie Kamau
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
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.


[Startup Interview] Ehsan, Mohammad, Reza, Co-founders, Coco, Austria
Published: 30-09-2022 | 14:05:00 | By: Bob Koigi
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
Published: 24-08-2022 | 15:16:00 | By: Bob Koigi
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
Published: 10-08-2022 | 11:35:00 | By: Pie Kamau
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
Published: 15-06-2022 | 17:38:15 | By: Bob Koigi
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
Published: 14-06-2022 | 15:18:00 | By: Bob Koigi
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
Published: 27-05-2022 | 09:45:00 | By: Bob Koigi
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
Published: 12-05-2022 | 11:00:00 | By: Bob Koigi
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
Published: 09-05-2022 | 13:34:07 | By: Bob Koigi
​​​​​​​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
Published: 23-03-2022 | 12:38:18 | By: Bob Koigi
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.


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.


[Startup Interview] Venkatesh C.R., CEO, Dot Com Infoway, India
Published: 28-01-2022 | 13:43:00 | By: Bob Koigi
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
Published: 28-01-2022 | 13:36:00 | By: Bob Koigi
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
Published: 18-01-2022 | 15:31:00 | By: Pie Kamau
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
Published: 07-01-2022 | 12:01:35 | By: Bob Koigi
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
Published: 07-01-2022 | 11:55:21 | By: Bob Koigi
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
Published: 04-01-2022 | 10:05:23 | By: Bob Koigi
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
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.


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.


Liqid raises $100 million to drive scalable and sustainable software-defined data centers
Published: 15-12-2021 | 07:59:30 | By: Bob Koigi
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
Published: 07-12-2021 | 15:01:18 | By: Bob Koigi
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
Published: 17-11-2021 | 17:05:27 | By: Bob Koigi
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
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.


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.


Singapore cybersecurity startup BitTrap develops detection technology to address surge in cyberattacks
Published: 07-10-2021 | 13:52:00 | By: Pie Kamau
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
Published: 07-10-2021 | 12:59:47 | By: Pie Kamau
Sparkup, a French startup specializing in real-time engagement solutions, has chosen to expand in the Middle East and will introduce its latest innovations at GITEX and CABSAT in Dubai.


[Startup Interview] Burjiz Pithawala, Co-Founder, Elisity, USA
Published: 10-09-2021 | 10:15:00 | By: Bob Koigi
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
Published: 26-08-2021 | 13:46:37 | By: Bob Koigi
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
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.


Dating app startup So Syncd raises $1m seed round to grow its user base in the US
Published: 27-04-2021 | 12:02:00 | By: Pie Kamau
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
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.


[Interview] Esinam Yevu, Co-Founder, PayBox, Ghana
Published: 26-03-2021 | 12:52:09 | By: Bob Koigi
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
Published: 11-02-2021 | 09:21:00 | By: Pie Kamau
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.