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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3853159 | 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.


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.


Manchester-based consumer insights startup Vypr raises additional £3.4m to scale its product intelligence platform
Published: 31-10-2022 | 11:17:00 | By: Pie Kamau
Fast-growing consumer insights business Vypr has received new investment of £3.4 million, at a significantly increased valuation on its last funding round in January 2021.


[Forum] Promoting investment flows from South Korea to Vietnam
Published: 31-10-2022 | 10:09:00 | By: Pie Kamau
South Korea has been, is, and will be the leading investor in Vietnam. The two parties can cooperate to achieve "Dual Goals" of US$100 billion in bilateral trade and total investment in the near future.


French cloud infrastructure startup Newboot completes first fundraising round to accelerate growth
Published: 31-10-2022 | 09:55:00 | By: Pie Kamau
Toulouse and Paris-based startup Newboot announced it has completed its first fundraising round with NOVA by Saint-Gobain and several Business Angels.


London-based Sidekick raises £3.33m pre-seed to build a modern investment manager for today’s changing world
Published: 31-10-2022 | 07:39:00 | By: Pie Kamau
Sidekick, a digital active investment manager built for today’s rapidly changing world, announced a £3.33 million pre-seed equity round led by Octopus Ventures.


GS1 Hong Kong unlocks the next generation of trade finance service for SMEs in China
Published: 31-10-2022 | 07:21:00 | By: Pie Kamau
GS1 Hong Kong (GS1 HK) announced it has welcomed the launch of Commercial Data Interchange (CDI) by the Hong Kong Monetary Authority (HKMA).


Dutch AI startup Axelera closes $27m Series A investment round to accelerate growth
Published: 28-10-2022 | 15:05:00 | By: Pie Kamau
European AI startup Axelera AI announced the closing of its $27 million Series A investment round to support its AI’s launch and mass production of its first-generation AI acceleration platform.


Caplight secures $3m investment from Deutsche Börse to expand derivatives trading and hedging on private company shares
Published: 28-10-2022 | 14:43:00 | By: Pie Kamau
Caplight Technologies announced it has secured a strategic investment from one of the leading global market infrastructure providers, Deutsche Börse Group, as well as other existing investors.


Georgia-Pacific, gener8tor welcome third cohort of startups to 1915 Studios gBETA accelerator program
Published: 28-10-2022 | 14:28:00 | By: Pie Kamau
Georgia-Pacific, in partnership with global venture firm and startup accelerator gener8tor, has kicked off its third 1915 Studios gBETA accelerator program.


Fintech emerging as Africa’s most vibrant sector, study
Published: 28-10-2022 | 13:42:00 | By: Pie Kamau
Fintech startups in Africa grew 81% in 2021, with South Africa, Nigeria, and Kenya emerging as key hubs on the continent, found a Mastercard study on the state of fintech in African markets.


Kenyan fintech startup Tanda announces agency banking entry in Uganda, Rwanda, Tanzania
Published: 28-10-2022 | 13:32:00 | By: Pie Kamau
Kenyan fintech startup Tanda announced plans for agency banking entry in Uganda, Rwanda, Tanzania to accelerate growth within the East African markets.


Tanzanian fintech startup NALA enables Google Pay payments from the US and UK into Africa
Published: 28-10-2022 | 13:22:00 | By: Pie Kamau
NALA, a Tanzanian fintech startup facilitating remittances from the African diaspora in the UK and US, has integrated Google Pay into its suite of payment options for users.


South African digital identity startup iiDENTIFii raises $15m growth capital to fuel expansion across Africa
Published: 27-10-2022 | 12:33:00 | By: Pie Kamau
Cape Town-based digital identity startup iiDENTIFii announced it has raised $15 million in growth capital to fuel its expansion across Africa.


Meet female scientists who develop cellular and gene therapies in China, Jiang and Zhang
Published: 27-10-2022 | 12:16:00 | By: Pie Kamau
Inside Namtai Inno Park in Guangming District hides a low-profile biomedical development firm; Shenzhen Wingor Biotechnology company.


Stone Ridge launches Wolf, a NYC startup accelerator dedicated to Lightning Network
Published: 27-10-2022 | 12:00:00 | By: Pie Kamau
Stone Ridge, a parent to bitcoin company NYDIG, announced the launch of In Wolf's Clothing (Wolf), the first-ever startup accelerator dedicated to Lightning, a "layer 2" protocol built on top of Bitcoin.


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.


SwiftConnect closes $17m Series A financing to scale access control integration platform for hybrid workplaces
Published: 27-10-2022 | 11:34:00 | By: Pie Kamau
SwiftConnect, a software platform provider that enables flexible work by connecting the right people to the right space at the right time, announced it has closed $17 million Series A round of financing.


Danish blockchain startup Drivn enables users earn an income while saving the planet
Published: 27-10-2022 | 11:23:00 | By: Pie Kamau
Drivn, the brainchild of three Danish founders, aims to change the world's travel behavior towards a more sustainable future.


Nashville-based advanced radio technology startup Xtremis announces move to West Virginia
Published: 27-10-2022 | 11:15:00 | By: Pie Kamau
Xtremis, a Nashville-based startup developing advanced, Artificial Intelligence control systems that improve the performance of wireless networks in congested RF environments, announced its intention to relocate to Morgantown, WV.


German biotech startup Mogling Bio completes first seed investment round from Kizoo
Published: 26-10-2022 | 11:28:00 | By: Pie Kamau
Mogling Bio, a German biotech startup, announced it has successfully completed its first seed investment round from sole investor venture capital firm Kizoo Technology Capital.


Swedish startup Grafbase raises $5m seed funding to build the data platform of the future
Published: 26-10-2022 | 11:06:00 | By: Pie Kamau
Grafbase, the data platform for developers, announced it has raised fresh $5 million seed funding round, bringing $7.3 million in total funding.


British fashion startup LØCI raises £4m seed round to disrupt the fashion industry
Published: 26-10-2022 | 10:46:00 | By: Pie Kamau
15-month-old British fashion brand LØCI announced a £4 million seed round, as well as an investment from actor and environmentalist Leonardo DiCaprio to further its impact-driven mission of redefining the sector.


Baukunst raises $100m fund to lead pre-seed investments in companies at the frontiers of technology and design
Published: 26-10-2022 | 10:22:00 | By: Pie Kamau
Baukunst, the collective of creative technologists advancing the art of building companies at the frontiers of technology and design, announced it has raised a $100 million Fund I.


Finnish hospitality tech startup Bob W raises 21€m Series A funding round to accelerate growth
Published: 25-10-2022 | 14:26:00 | By: Pie Kamau
Tech-driven hospitality provider, Bob W, the provider of smarter and more sustainable alternative to hotels and short-stay rentals, has secured €21 million in series A funding, led by IDC Ventures.


Nigerian social commerce startup Bumpa raises $4m seed funding to build the future of commerce for African sellers
Published: 25-10-2022 | 14:07:00 | By: Pie Kamau
Nigerian social commerce startup Bumpa announced it has raised $4 million seed round led by Base10 Partners, the largest black-led fund in the world, with participation from Plug & Play Ventures.


BreadBot maker Wilkinson Baking Company raises $3m seed round to accelerate growth
Published: 25-10-2022 | 13:52:00 | By: Pie Kamau
Wilkinson Baking Company (WBC), the creator of world's first fully-automated commercial bread baking robot, announced the close of its fully subscribed $3.0 million seed round.


Japanese startup SUN METALON raises $5.6m funding to democratize metal 3D manufacturing
Published: 25-10-2022 | 13:36:00 | By: Pie Kamau
SUN METALON, a Japanese startup developing a metal 3D printer, announced the procurement of $5.6 million in its pre-series A funding round.


Swedish tech startup Lurkit launches Creator Program, a gaming influencer marketing product
Published: 25-10-2022 | 13:14:00 | By: Pie Kamau
Swedish tech startup Lurkit announced it is taking its newest gaming influencer marketing product, 'Creator Program,' to the market.


Netmaker launches with $2.3m funding to fix cloud networking with WireGuard
Published: 25-10-2022 | 12:52:00 | By: Pie Kamau
Netmaker, a cloud networking startup, announced $2.3 million in funding to launch their "superhighway for secure cloud networks." The round was led by Lytical Ventures.


Reproductive tech startup Inti Labs sets sights on global infertility trend
Published: 24-10-2022 | 14:37:00 | By: Pie Kamau
Reproductive tech startup Inti Labs announced its official launch and ambitious long-term vision to overcome infertility. The company is focused on developing a range of first-in-class diagnostic tests for the in vitro fertilization (IVF) market.


Flourish Ventures launches Africa-focused pre-seed investment platform, Madica
Published: 24-10-2022 | 14:24:00 | By: Pie Kamau
Flourish Ventures, a global venture capital firm investing in mission-driven fintech entrepreneurs, announced the launch of affiliate Madica, a structured investment program for pre-seed stage technology companies in Africa.


Fintech startup Banyan raises $43m Series A to scale world's largest SKU data network
Published: 24-10-2022 | 14:10:00 | By: Pie Kamau
Banyan, the network for SKU data, announced it has raised $43 million Series A round led by Fin Capital and M13. The investment will accelerate Banyan's technology and infrastructure growth.


Wayfinder Biosciences startup raises $3.5m to program RNA
Published: 24-10-2022 | 13:22:00 | By: Pie Kamau
RNA design company Wayfinder Biosciences announced it has raised a $3.5 million series seed round led by Notation Capital and Divergent Capital to continue its groundbreaking work in the use of RNA as a detection and therapeutic platform.


Swiss NFT-based athlete investment startup FANtium raises €2m angel investment to democratize athlete financing
Published: 24-10-2022 | 12:04:00 | By: Pie Kamau
Swiss NFT-based athlete investment platform FANtium, announced a private pre-seed round of $2 million.


UK-based climate tech startup Levidian secures £12m investment from Baker Hughes to scale growth
Published: 21-10-2022 | 10:17:00 | By: Pie Kamau
US energy technology giant Baker Hughes has backed Levidian’s world-first decarbonisation technologies with a £12m investment at a £130m valuation, opening up global collaboration opportunities.


President Buhari signs Nigeria Startup Bill into law
Published: 21-10-2022 | 09:59:00 | By: Pie Kamau
Nigeria has become the latest country to pass a Startup Bill, giving a more formal approach to how the startup ecosystem is governed.


Biotech startup Hoxton Farms raises $22m Series A to cultivate animal fat in new pilot facility in London
Published: 21-10-2022 | 09:54:00 | By: Pie Kamau
London-based Hoxton Farms has announced a $22 million Series A round to build a pilot facility for producing cultivated fat: the missing ingredient necessary to make meat alternatives delicious, realistic and versatile.


LHoFT announces15 fintech startups selected for CATAPULT: Inclusion Africa 2022 program
Published: 21-10-2022 | 09:26:00 | By: Pie Kamau
LHoFT has announced the 15 fintech startups that have been selected to participate in the fifth edition of the CATAPULT: Inclusion Africa program. 


National Grid Partners invests $20m in startups to transform the grid
Published: 21-10-2022 | 09:19:00 | By: Pie Kamau
National Grid Partners (NGP) announced investments of $20 million across three startups to transform the way utilities and other enterprises manage vast physical infrastructure.


Nigerian mobility fintech Moove raises £15m financing facility to scale UK operations
Published: 21-10-2022 | 08:55:00 | By: Pie Kamau
Moove announced it has raised £15 million in financing from Emso Asset Management to scale up its UK operations following a successful launch in August.


[Startup Interview] Rupinder Pal Singh, CEO, Seasia Infotech, India
Published: 20-10-2022 | 10:31:21 | By: Bob Koigi
Seasia Infotech is an Indian-based company that offers digital solutions to businesses worldwide that help brands leverage design, development processes and software technologies with personalized customer experiences.


Wine cellaring startup InVintory closes first $1.5m fundraise led by its community of wine collectors
Published: 19-10-2022 | 12:29:00 | By: Pie Kamau
InVintory, a wine cellaring platform, announced it has closed a $1.5 million seed round, with a third of the investment contributed by its own users.


Greenlight Re Innovations announces investment in short-term rental insurance startup Safely
Published: 19-10-2022 | 12:19:00 | By: Pie Kamau
Greenlight Re Innovations (GRI), part of Greenlight Capital Re, has announced an investment in SafelyStay (Safely), the provider of short-term rental insurance.


Paris-based Aqemia raises €30m to scale its deep physics and AI enabled drug discovery pipeline
Published: 19-10-2022 | 11:50:00 | By: Pie Kamau
Paris-based Aqemia has raised €30 million in a Series A funding round led by Eurazeo and Bpifrance through its Large Venture fund, with the participation of Elaia its historic investor.


Worktech startup TaTiO raises $5.3m to enable understaffed companies access America's untapped workforce with AI
Published: 19-10-2022 | 11:26:00 | By: Pie Kamau
TaTiO, a future of work company that uses AI to help companies fill open positions with qualified workers, announced the completion of a $5.3 million seed round.


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.


VetsinTech announces winners of second annual tech startup pitch competition
Published: 19-10-2022 | 10:18:00 | By: Pie Kamau
VetsinTech, the national non-profit dedicated to supporting veterans through tech-based programs and opportunities in education, employment, and entrepreneurship, announced the top winners of its second annual tech startup pitch competition.


UK-based spaceflight startup Orbex secures £40.4m Series C funding to scale up its resources
Published: 18-10-2022 | 16:15:00 | By: Pie Kamau
UK-based spaceflight company Orbex has secured £40.4 million for its Series C funding round, led by a new investor, the Scottish National Investment Bank.


Spring Health startup partners with Moda Health to deliver measurement-based mental health care
Published: 18-10-2022 | 15:49:00 | By: Pie Kamau
Spring Health announced its agreement with Moda Health to deliver measurement-based mental health care to select employer groups through Moda's innovative Behavioral Health 360 platform.


Brex partners with AngelList to help Founders better manage and grow startups
Published: 18-10-2022 | 15:28:00 | By: Pie Kamau
Brex announced its partnership with AngelList to help founders effortlessly manage their corporate card and spend within AngelList Stack - a suite of tools that allows founders to manage their company's incorporation.


Sierra Ventures appoints Anne Gherini as Chief Marketing Officer to accelerate firm's growth
Published: 18-10-2022 | 15:14:00 | By: Pie Kamau
Sierra Ventures, an early-stage venture capital firm investing in core enterprise and next-gen technologies, announced that Anne Gherini has joined the firm as Chief Marketing Officer.


Easop launches out of stealth with $2.5m seed funding to unleash full power of equity
Published: 18-10-2022 | 14:35:00 | By: Pie Kamau
Easop announced it has officially launched and raised $2.5 million in seed funding to pursue its mission of making team ownership plans accessible to every private company in the world.


London-based private equity platform Lightrock closes inaugural Climate Impact Fund at €860m
Published: 17-10-2022 | 16:36:00 | By: Pie Kamau
Lightrock, a global private equity platform that backs purpose-driven entrepreneurs tackling the world’s biggest challenges, has closed its inaugural Lightrock Climate Impact Fund (“LCIF” or “the Fund”) with commitments of €860 million.


Amsterdam-based Fastned receives €75m investment from Schroders Capital accelerate future growth
Published: 17-10-2022 | 15:45:00 | By: Pie Kamau
Fastned, the European fast charging company, announced a €75 million private placement of 2,032,520 new depositary receipts representing the same number of new ordinary shares in the capital of the Company with Schroders Capital.


Kenyan home furniture startup MoKo raises $6m to accelerate growth
Published: 17-10-2022 | 15:26:00 | By: Pie Kamau
Kenyan home furniture startup MoKo announced it raised $6.5 million in a Series B funding round, which is a combination of debt and equity.


BDev Ventures invests in B2B adtech startup Nickelytics to accelerate growth
Published: 17-10-2022 | 13:46:00 | By: Pie Kamau
 BDev Ventures announced a partnership with Nickelytics, a Techstars ‘20-backed B2B adtech startup that allows brands to launch hyperlocal out-of-home advertising campaigns.


Mobile banking fintech NorthOne raises $67m Series B funding to accelerate growth across small business communities
Published: 17-10-2022 | 13:30:00 | By: Pie Kamau
NorthOne announced it has raised $67 million in Series B funding. With participation from new and existing investors, NorthOne is poised to further expand the reach of its business management platform.


Hardware-focused accelerator FP Solutions launches with $3m fundraising to develop the disruptive startup ecosystem
Published: 17-10-2022 | 11:20:00 | By: Pie Kamau
FP (First Principle) Solutions, a new hardware-focused accelerator, successfully launched and completed a $3 million seed round fundraising.


Belgian construction management startup Vertuoza raises €4m pre-Series A round to accelerate growth
Published: 14-10-2022 | 13:35:00 | By: Pie Kamau
Vertuoza, the Belgian construction management and monitoring software company for SMEs in the construction sector, announced a new €4 million pre-Series A round.


Mastercard Vice Chairman Gilberto Caldart joins climate impact venture capital firm Vidavo as Venture Partner
Published: 14-10-2022 | 12:55:19 | By: Pie Kamau
Vidavo Ventures announced that the top executive and one of the architects of Mastercard's international expansion and accelerated growth Gilberto Caldart, has joined the firm in the role of Venture Partner.


Ugandan agritech startup Inputi receives investment to boost inputs distribution
Published: 14-10-2022 | 12:41:00 | By: Pie Kamau
Ugandan agritech startup Inputi announced it received an investment funding to boost inputs distribution across the country.


Nigerian healthtech startup Lifestores raises $3m to expand its pharmaceutical marketplace
Published: 14-10-2022 | 12:27:00 | By: Pie Kamau
Nigerian healthtech startup Lifestores Healthcare has raised $3 million for expansion across the country in a pre-Series A funding round.


36 African tech startups selected for MEST Africa Challenge 2022
Published: 14-10-2022 | 12:09:00 | By: Pie Kamau
MEST Africa has announced the 36 technology startups from 5 African countries that have been selected for the regional pitch competition stage of the 2022 MEST Africa Challenge. 


Nigerian data and intelligence startup Stears raises $3.3m to solve Africa’s data dearth
Published: 14-10-2022 | 12:00:00 | By: Pie Kamau
Nigerian data and intelligence company, Stears has raised $3.3 million to enhance its data collection and analytics capabilities, acquire talent and expand into East and Southern Africa.


Ugandan fintech startup Tugende raises $10m pre-Series B funding to increase portfolio growth
Published: 14-10-2022 | 11:35:00 | By: Pie Kamau
Tugende, the innovative fintech platform for MSME credit and asset-financing in East Africa, closed in Q2 pre-Series B equity funding from existing shareholders led by Partech and two new investors, including Women’s World Banking.


BNP Paribas acquires London’s currency management automation fintech Kantox
Published: 12-10-2022 | 14:52:00 | By: Pie Kamau
BNP Paribas announced the signature of an agreement for the acquisition of Kantox, a fintech for the automation of currency risk management.


Cryptocurrency startup Zerion closes $12m Series B funding to build the best wallet for Web3 citizens
Published: 12-10-2022 | 14:38:00 | By: Pie Kamau
Zerion, the wallet for the most active web3 users, announced the closing of a $12.3 million Series B funding round led by Wintermute Ventures.


Barcelona's human resources startup Factorial becomes a Unicorn after $120m Series C investment round
Published: 12-10-2022 | 14:14:00 | By: Pie Kamau
Barcelona-based human resources startup Factorial is now the newest European Unicorn after closing a Series C investment round of $120 million with a valuation of $1 billion.


Logistics Startup Nuvocargo appoints Nicholas Simmons as Head of Engineering to accelerate company's growth
Published: 12-10-2022 | 13:40:00 | By: Pie Kamau
Nuvocargo has appointed former Shopify executive Nicholas Simmons as Head of Engineering to continue to develop the Nuvocargo platform and expand the company’s world-class engineering team.


Amsterdam-based HolidayHero closes €500k pre-seed round to enhance guest experiences in the travel industry
Published: 12-10-2022 | 13:07:00 | By: Pie Kamau
HolidayHero announced a successful closing of €500,000 pre-seed funding round to kick off its vision of delivering proactive and personalized guest experiences in the travel industry.


Climate infrastructure startup EcoCart raises $14.5m Series A to accelerate sustainable e-Commerce
Published: 11-10-2022 | 14:39:00 | By: Pie Kamau
EcoCart, a software company building the infrastructure for e-Commerce companies to operate sustainably at scale, has raised a $14.5 million Series A round.


Software firm Aptean secures growth investment to accelerate innovation and global expansion
Published: 11-10-2022 | 14:18:00 | By: Pie Kamau
Aptean announced that a definitive agreement has been signed through which it will receive a strategic investment from Insight Partners and existing investor TA Associates (TA).


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.


Paris-based cultivated meat startup Gourmey raises €48m Series A funding to accelerate growth
Published: 11-10-2022 | 14:04:00 | By: Pie Kamau
French cultivated meat startup Gourmey, that was part of the Big Idea Ventures program’s first cohort, has raised an oversubscribed €48 million Series A.


CrowdStreet raises $43m to fund growth, accelerate demand for online real estate investing
Published: 11-10-2022 | 13:06:00 | By: Pie Kamau
CrowdStreet, an online real estate investing platform, announced it has raised $43 million in equity and debt capital to help fund the company's growth and make the market for online real estate investing.


Novo Seeds portfolio company NMD Pharma reports positive top-line Phase I/IIa data in myasthenia gravis
Published: 11-10-2022 | 12:46:12 | By: Pie Kamau
Novo Holdings announced that its portfolio company NMD Pharma, reported positive top-line results from a Phase I/IIa clinical trial for its lead asset, NMD670.


Dutch-based Hyperion Lab’s third cohort startups set to improve the world with sustainable AI
Published: 10-10-2022 | 14:21:00 | By: Pie Kamau
Hyperion Lab kicked off its third cohort of the Amsterdam AI innovation program and eight new startups (seven of which are Dutch) want to improve the world with AI.


Online dating startup for Black women CarpeDM closes $1m oversubscribed pre-seed round
Published: 10-10-2022 | 14:00:00 | By: Pie Kamau
CarpeDM, a Techstars portfolio company, announced the closing of its oversubscribed pre-seed financing round bringing total capital raised by the early stage startup to $1.054 million.


GridBeyond secures €6m investment from UK's Claret Capital to support smart energy expansion
Published: 10-10-2022 | 13:50:00 | By: Pie Kamau
GridBeyond, the pioneer in intelligent energy technology, has agreed a debt financing facility of €6 million led by Claret Capital, to support the Irish headquartered company’s continued internationalisation plans. 


Austin, TX-based startup PetPair secures $1.2m pre-seed round to scale pet adoption marketplace
Published: 10-10-2022 | 13:17:00 | By: Pie Kamau
PetPair, an Austin, TX-based foster-powered pet adoption marketplace, announced it has closed a $1.1 million pre-seed round for a total of $1.2 million raised to date.


Żabka Group, Kozminski Business Hub launch second edition of acceleration programme for Polish environmental startups
Published: 10-10-2022 | 12:59:00 | By: Pie Kamau
Żabka Group in collaboration with Kozminski Business Hub, a Kozminski University organisation which seeks and supports startups, is launching the second edition of the acceleration programme.


[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.