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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3869480 | Tags:









e-Commerce startup Uzum becomes first tech unicorn in Uzbekistan
Published: 28-03-2024 | 12:10:00 | By: Pie Kamau






































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


South African logistics startup Tripplo raises $1.8m funding to scale its operations
Published: 16-10-2023 | 13:35:00 | By: Pie Kamau
Tripplo has closed its seed funding extension round with $1.8m equity investment.


Gebrüder Weiss provides zero-emission deliveries to end customers in Budapest
Published: 09-10-2023 | 10:24:00 | By: Pie Kamau
Gebrüder Weiss has started to provide zero-emission deliveries to end customers.


Stanley Capital Partners announces first resource efficiency investment with Roboyo
Published: 03-10-2023 | 12:48:00 | By: Pie Kamau
Stanley Capital Partners has announced a strategic investment in Roboyo.


Helsing raises €209m Series B to bolster defence AI capabilities for democracies
Published: 15-09-2023 | 14:10:00 | By: Pie Kamau
Defence AI company Helsing, announced it has raised €209m Series B funding.


Munich-based Aily Labs raises €19m Series A round to accelerate growth
Published: 28-08-2023 | 12:26:00 | By: Pie Kamau
Aily Labs has raised €19 million in a Series A round


Frankfurt-based compliance startup Qualifyze raises $12m to accelerate healthcare supply chain
Published: 21-08-2023 | 15:04:00 | By: Pie Kamau
Frankfurt-based startup Qualifyze announced a $12m funding round.


Berlin-based startup Mercanis raises $10m to boost savings for procurement teams
Published: 18-08-2023 | 13:40:00 | By: Pie Kamau
Berlin-based startup Mercanis announced the completion of $10m seed funding.


On-demand logistics and delivery startup Picup opens driver training centres in South Africa
Published: 18-08-2023 | 13:20:00 | By: Pie Kamau
Picup has launched its Driver Training Centres in Cape Town.


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


Tech Square Ventures leads investment in cartonization platform, Paccurate
Published: 15-08-2023 | 10:43:00 | By: Pie Kamau
Paccurate announced the closing of $3.5m round led by Tech Square Ventures.


Berlin-based startup NeXtWind secures $750m to build sustainable energy market in Germany
Published: 14-08-2023 | 15:11:00 | By: Pie Kamau
NeXtWind has completed $750m second financing round.


Nigerian mobility fintech Moove secures $76m funding for global expansion
Published: 10-08-2023 | 15:46:00 | By: Pie Kamau
Nigerian mobility fintech Moove, has secured $76 million in new funding.


sewts raises €7m to shape the future of robotics, automation in the textile industry
Published: 09-08-2023 | 12:55:00 | By: Pie Kamau
Munich-based deep tech startup sewts has closed €7m Series A financing round.


bp ventures invests £4m in UK-based fleet optimization software provider Dynamon
Published: 03-08-2023 | 15:20:00 | By: Pie Kamau
bp ventures has made a £4 million investment in Dynamon.


Aachen-based deeptech startup Elevear secures seed financing for audio technology market entry
Published: 01-08-2023 | 12:47:00 | By: Pie Kamau
deeptech startup Elevear has secured seed investment.


Frankfurt-based QuoIntelligence secures €5m seed financing to accelerate growth
Published: 27-07-2023 | 14:05:00 | By: Pie Kamau
QuoIntelligence announced a €5m seed financing round.


Freiburg-based constellr secures new funding to springboard US expansion
Published: 26-07-2023 | 12:32:00 | By: Pie Kamau
constellr has secured further investment to extend its seed round to a total of €17m.


NEOM joins Startup Creasphere's program powered by Plug and Play Munich
Published: 25-07-2023 | 11:25:00 | By: Pie Kamau
Startup Creasphere has announced new partnership with NEOM.


German healthcare investor SHS Capital acquires majority stake in CAM Bioceramics
Published: 07-07-2023 | 15:56:00 | By: Pie Kamau
German healthcare specialist SHS Capital is investing in CAM Bioceramics to fuel growth


Kassel-based deep tech startup Twinsity bags €2.5m from EIC
Published: 07-07-2023 | 15:22:00 | By: Pie Kamau
Twinsity, a deep tech startup, has secured €2.5-million funding from the EIC.


Haul247 secures $3m seed funding to drive innovation in Africa’s logistics industry
Published: 16-06-2023 | 15:07:00 | By: Pie Kamau
Haul247 has raised $3 million in a seed funding round.


Germany joins Europe Startup Nation Alliance (ESNA)
Published: 16-06-2023 | 14:43:00 | By: Pie Kamau
Germany Trade & Invest (GTAI),  Europe's largest economy, has joined Europe Startup Nation Alliance (ESNA).


German autonomous, electric trucking startup FERNRIDE raises $31m Series A funding
Published: 14-06-2023 | 15:01:00 | By: Pie Kamau
FERNRIDE has secured $31m Series A funding.


Volvo Group Venture Capital invests in Trucksters to manage innovative relay trucking in Europe
Published: 12-06-2023 | 16:06:00 | By: Pie Kamau
Volvo Group Venture Capital has invested in Madrid based startup, Trucksters.


Travel experience marketplace GetYourGuide secures $194m to accelerate global expansion
Published: 01-06-2023 | 12:56:00 | By: Pie Kamau
GetYourGuide announced the closing of $194 million in equity and credit financing.


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.


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.


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.


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.


[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.


Chinese electric truck startup DeepWay raises $117m Series A+ round to accelerate mass production of smart electric heavy-duty truck
Published: 28-03-2023 | 12:14:00 | By: Pie Kamau
DeepWay, a smart commercial vehicle developer and manufacturer, announced it had raised $117 million Series A+ financing.


Global trends in supply chain finance, Plug and Play
Published: 24-03-2023 | 13:02:00 | By: Pie Kamau
According to the World Supply Chain Finance Report 2022, supply chain finance fund volumes showed a significant increase in 2021 over 2020 as the global volume rose by 38% to $1.8 billion and funds in use by 41% to $713 billion.


[Interview] Patrick Mehrhoff, CEO and Founder, Mehrhoff Digital, Estonia
Published: 22-03-2023 | 14:12:00 | By: Pie Kamau
Patrick Mehrhoff is the Founder and CEO of Mehrhoff Digital, a Tallinn-based marketing consultancy for financial services.


Berlin-based startup The Climate Choice raises $2m funding round to decarbonize the supply chain
Published: 20-03-2023 | 14:25:00 | By: Pie Kamau
The Climate Choice, a climate intelligence software platform for decarbonizing industrial supply chains, announced $2 million in pre-seed funding.


Healthtech startup WELL invests in doctorly, launches strategic alliance to tech enable German doctors
Published: 01-03-2023 | 16:28:00 | By: Pie Kamau
WELL Health Technologies (WELL), announced it has made a strategic investment, through its wholly owned subsidiary, WELL Ventures, in doctorly GmbH (doctorly), a medical practice management software provider based in Germany.


Logistics SaaS startup BlueCargo raises $11m to make containers flow faster through US Port terminals
Published: 24-02-2023 | 14:49:00 | By: Pie Kamau
BlueCargo, the logistics SaaS platform that optimizes the entire container workflow from port to warehouse, announced it has raised $11 million in new funding led by Soma Capital and Left Lane Capital.


Munich-based finway raises $10m Series A funding to reimagine spend management for European SMBs
Published: 23-02-2023 | 14:23:00 | By: Pie Kamau
finway, the German finance operating system for SMBs, has raised €9.2 million in a Series A round from Capital 49, an early stage venture fund led by founders of global fintech unicorn Airwallex.


German medtech startup HBOX Therapies raises €2.3m seed funding to accelerate clinical testing for lung treatment
Published: 22-02-2023 | 13:55:00 | By: Pie Kamau
Medtech startup HBOX Therapies, the developer of technology that facilitates lung-protective treatment of respiratory patients, received a seed investment of €2.3 million led by TechVision Fund (TVF)


Bolt announces plans to expand services in Africa with €500m investment
Published: 21-02-2023 | 10:27:00 | By: Pie Kamau
Bolt has announced plans to invest €500 million to enhance its operations across Africa over the next two years.


German electric mobility startup Dance raises €12m to accelerate sustainable mobility solutions across Europe
Published: 17-02-2023 | 10:11:00 | By: Pie Kamau
Electric mobility subscription startup Dance has raised €12 million in additional equity and debt capital. The equity raise was led by existing investors HV Capital, Eurazeo and BlueYard. 


Berlin's EatFirst acquires London-based foodtech startup Feedr to accelerate growth
Published: 13-02-2023 | 10:41:00 | By: Pie Kamau
Berlin-based corporate food ordering platform EatFirst, has acquired Feedr, a London-based enterprise food technology platform that gives corporate customers software to support healthier daily eating in workplaces.


South African grocery delivery startup Yebo Fresh raises 4.5m pre-Series A funding to fuel expansion
Published: 06-02-2023 | 15:15:00 | By: Pie Kamau
Yebo Fresh, a South African grocery delivery startup has raised $4.5m in a pre-series A equity funding round.


German startup Maya Climate closes €1.2m pre-seed funding round to accelerate growth
Published: 01-02-2023 | 12:16:00 | By: Pie Kamau
Maya Climate, a Berlin-based global project financing platform for natural capital projects, announced a pre-seed funding of €1.2m led by Germany’s High-Tech Gründerfonds (HTGF), one of Europe’s leading seed investors.


[Startup Interview] Don Okoth, General Manager, Sendy, Kenya
Published: 31-01-2023 | 10:55:00 | By: Pie Kamau
Don Okoth is General Manager for Kenyan Fulfillment and Logistics startup Sendy. In this interview, he talks about the current state of logistics in Kenya and beyond, including Sendy's role in shaping the industry.


Climate finance trading platform Senken raises $7.5m to streamline and expand carbon markets offerings
Published: 30-01-2023 | 10:52:00 | By: Pie Kamau
Senken, the climate finance trading platform of on-chain carbon credits, announced it has raised $7.5 million in new funding, the most significant capital raise in its industry, led by Obvious Ventures.


Terminal49 secures $6.5m Series A to power ocean freight visibility and automation
Published: 24-01-2023 | 13:13:00 | By: Pie Kamau
Terminal49, the ocean freight visibility platform, announced it has secured $6.5 million in Series A funding led by Stage 2 Capital and co-lead by Grand Venture Partners, with follow-on participation from seed stage investors.


German AI-powered road infrastructure SaaS startup vialytics nabs $10m Series A funding to accelerate global expansion
Published: 20-01-2023 | 10:07:00 | By: Pie Kamau
European market AI-powered road infrastructure SaaS startup vialytics has secured a $10 million Series A investment led by venture capital investor Scania Growth Capital.


Trackunit acquires German construction tech startup Flexcavo to accelerate growth
Published: 18-01-2023 | 15:14:00 | By: Pie Kamau
Global IoT services provider Trackunit, announced it has closed a deal for Germany's construction tech startup Flexcavo, enabling the telematics specialist to extend its reach in the contractor market.


Italian edtech startup Wyblo acquires college communication platform Clay to scale social learning
Published: 09-01-2023 | 09:53:00 | By: Pie Kamau
Wyblo, an Italian edtech startup creating tech to support the training industry, has acquired Clay, a Berlin-based startup that created a digital tool that helps instructors create a social classroom.


Heidelberg-based FundaMental Pharma launches with €10m seed financing to advance a First-in-Class neuroprotectant
Published: 28-11-2022 | 10:38:00 | By: Pie Kamau
FundaMental Pharma (FundaMental), a preclinical neuroscience company spun out of Heidelberg University, announced it has launched with €10 million in seed financing led by BioGeneration Ventures (BGV).


Berlin-based AI-powered startup Faircado raises €500K to transform E-commerce into Re-commerce
Published: 25-11-2022 | 08:23:00 | By: Pie Kamau
Faircado, a Berlin-based startup that provides the first AI-powered second-hand shopping assistance, announced it has raised €500,000 in a pre-seed round led by BackBone Ventures.


Kenyan supply chain and logistics startup Leta secures $3m pre-seed funding to accelerate growth
Published: 23-11-2022 | 09:21:00 | By: Pie Kamau
Leta, the supply chain and logistics startup driving distribution optimization, announced the close of  $3 million Pre-Seed equity round.


Canadian B2B automotive trading startup TRADE X opens a trade route in Ghana
Published: 22-11-2022 | 11:11:00 | By: Pie Kamau
TRADE X, a B2B cross-border automotive trading platform with its headquarters in Ontario, Canada, announced it has opened a new trade route in Ghana, strengthening the company's presence in Africa.


Kenyan logistics startup Sendy raises funding from Japanese VC MOL PLUS to accelerate growth
Published: 11-11-2022 | 06:34:00 | By: Pie Kamau
Kenyan fulfillment and logistics startup Sendy, announced it has received funding from MOL PLUS the Corporate Venture Capital of Japanese transport firm Mitsui O.S.K. Lines (MOL).


Munich-based startup Flowers Software secures $3.2m in seed to bring enterprise-grade workflow automation to SMBss
Published: 09-11-2022 | 12:35:00 | By: Pie Kamau
Flowers Software, an organizational management system that helps SMB companies improve their processes, announced it has raised $3.2 million in seed funding.


YEGO ride-sharing platform from Rwanda launches in Kenya
Published: 04-11-2022 | 09:56:00 | By: Pie Kamau
YEGO Global, a ride-sharing platform from Rwanda has entered the Kenyan market to take on Uber and Bolt through its subsidiary - YEGO Mobility Kenya.


Berlin-based startup Crowd.dev raises €2.2m to launch the open-source platform for community-led growth
Published: 03-11-2022 | 10:55:00 | By: Pie Kamau
Berlin-based startup Crowd.dev announced it has raised €2.2 million to improve how developer-first businesses harness online communities.


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.


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.


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.


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.


German startup 35up secures €5 million to cross selling platform for SMEs
Published: 06-10-2022 | 15:21:41 | By: Bob Koigi
A German startup providing cross selling platform has received five million euros financing from VC firm Capnamic and other existing investors.


German mobility startup Wunder Mobility receives  €12 million to advance shared mobility globally
Published: 05-10-2022 | 14:45:06 | By: Bob Koigi
The investment positions Wunder Mobility as the highest funded provider of software and hardware solutions for vehicle sharing operators with fleets of e-bikes, e-scooters, e-mopeds, and cars.


German tech startup NeoCarbon raises €1.25 million to reverse climate change
Published: 30-09-2022 | 10:38:00 | By: Pie Kamau
NeoCarbon, a Berlin-based tech startup which retrofits cooling towers to remove carbon dioxide from the atmosphere, announced it has raised €1.25 million in a Pre-Seed round co-led by PropTech1 and Speedinvest,


Daiichi Sankyo joins Munich-based Startup Creasphere's program powered by Plug and Play
Published: 28-09-2022 | 11:44:00 | By: Pie Kamau
Startup Creasphere, the Munich-based digital healthcare platform of Plug and Play, has announced its new partnership with Daiichi Sankyo.


New Utah startup Oops offers doorstep return pickups for in-store and online purchases
Published: 27-09-2022 | 16:16:00 | By: Pie Kamau
An early-stage startup born in the heart of Utah's Silicon Slopes, Oops is offering doorstep return pickups for in-store and online purchases across the Wasatch Range.


NYSHEX closes $25m Series B funding to improve reliability and efficiency of global shipping
Published: 23-09-2022 | 11:08:00 | By: Pie Kamau
NYSHEX, the ocean contract performance technology servive provider,, announced a $25 million Series B funding round led by Collate Capital. In addition, Blumberg Capital, Goldman Sachs and NewRoad Capital participated.


German startup Dryad closes €10.5m Series A funding to speed up early wildfire detection technology
Published: 25-08-2022 | 11:01:00 | By: Pie Kamau
Dryad, the only provider of solar-powered environmental sensor networks for ultra-early wildfire detection and forest monitoring, has closed €10.5m in Series A funding.


Munich-based Celonis secures $1b to fight economic and supply chain challenges
Published: 25-08-2022 | 10:43:00 | By: Pie Kamau
Celonis, the global player in execution management, announced it has secured an additional $1 billion in funds to accelerate its unique position to help customers thrive in challenging economic environments.


ZEBOX America selects new batch of startups to reimagine global logistics and mobility
Published: 25-08-2022 | 10:05:35 | By: Pie Kamau
International startup incubator and accelerator ZEBOX America announced a new cohort of 9 startups, marking a key milestone as the tech hub works to reimagine and revitalize the North American supply chain, logistics, mobility and Industry 4.0 sectors.


Savannah Logistics Innovation Center, Plug and Play announce first cohort of their accelerator program
Published: 22-08-2022 | 12:52:00 | By: Pie Kamau
The Savannah Logistics Innovation Center (SLIC) and Plug and Play announced the first cohort of selected startup companies chosen for their accelerator program.


Nigerian last-mile delivery startup Kwik launches in Ibadan
Published: 22-08-2022 | 11:56:00 | By: Pie Kamau
Nigerian last-mile delivery startup Kwik Delivery announced it has officially launched its innovative and just-in-time delivery solutions to merchants, entrepreneurs, businesses, government agencies and social vendors in Ibadan.


BASF Venture Capital and Dutch-based Aqua-Spark invest in Sea6 Energy as part of Series B financing round
Published: 19-08-2022 | 11:32:53 | By: Pie Kamau
BASF Venture Capital, the corporate venture company of BASF SE, Germany, and Aqua-Spark, a Dutch investment fund focusing on the global aquaculture industry, are investing in Sea6 Energy as part of a Series B round.


Kenyan e-Logistics startup Lori Systems raises funding from Google to facilitate expansion efforts
Published: 19-08-2022 | 11:06:35 | By: Pie Kamau
Kenyan e-logistics startup Lori Systems which operates across East Africa, announced it has raised an undisclosed amount of Round B funding from Google, to facilitate the company’s expansion efforts.


German tech startup Cyanite announces new investors to support vision of universal music translation
Published: 10-08-2022 | 12:42:42 | By: Pie Kamau
Cyanite, a German tech company with various solutions in AI-powered music tagging and search, has closed an investment round with leading entrepreneurs from the music and technology industries.


German space tech startup LiveEO secures €19m to bring space data insights to Industry 4.0
Published: 08-08-2022 | 10:49:00 | By: Pie Kamau
Berlin-based space tech startup LiveEO has secured €19 million in funding in what is one of the largest investments to date in Earth Observation in Europe.


Mymee acquires Berlin-based healthtech startup Breakthrough Health to scale growth
Published: 27-07-2022 | 16:16:00 | By: Pie Kamau
Mymee, the provider of specialized care and support for people with significant symptoms associated with autoimmune disease and long COVID, has acquired Berlin-based Breakthrough Health, the creator of the #1 mobile app Emilyn for people with multiple sclerosis (MS).


German startup Lumiform closes €6.4m to boost deskless worker app
Published: 25-07-2022 | 13:56:00 | By: Pie Kamau
Berlin-based deskless worker platform Lumiform has closed €6.4 million Series A financing round, led by Capnamic.


UK-based BotsAndUs secures $13m seed financing for its warehouse data intelligence platform with autonomous robots
Published: 27-06-2022 | 13:35:00 | By: Pie Kamau
BotsAndUs, a cutting-edge intelligence and robotics company has secured $13 million in seed funding to expand its logistics-disrupting solution globally.


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.


Berlin Business Office launches Skytrain to support U.S. LPs investing into venture capital funds in Berlin
Published: 15-06-2022 | 11:16:00 | By: Pie Kamau
Berlin Business Office announced the launch of Skytrain, a network to support U.S. LPs (Limited Partners) investing into venture capital funds in Berlin.


German agritech startup CROP.ZONE secures $11m equity funding to expand to new international markets
Published: 13-06-2022 | 14:42:00 | By: Pie Kamau
Aachen-based integrated weed management startup CROP.ZONE announced it has secured $11m equity funding from existing shareholders and new financial investors.


Utrecht-based same day and next day delivery startup Trunkrs raises €15 million in growth capital
Published: 10-06-2022 | 13:26:00 | By: Pie Kamau
Trunkrs, specialist in same day & next day delivery for the e-Commerce sector, has successfully raised €15 million in a series B investment round. The financing round was led by Korys, the Belgian investment company of the Colruyt family.


French startup CleverConnect merges with Talentry to lead talent acquisition in Europe
Published: 08-06-2022 | 12:36:32 | By: Pie Kamau
CleverConnect, a cloud-based recruiting solutions company, announced the merger with Talentry, a Munich-based provider of talent relationship management solutions, to counteract the current unprecedented shortage of skilled workers.


Indonesian social commerce startup Super completes $70m oversubscribed Series C round
Published: 02-06-2022 | 16:29:00 | By: Pie Kamau
Super, an Indonesian social commerce platform serving tier-2 and tier-3 cities and Indonesian rural areas, announced it completed a $70 million oversubscribed Series C round led by NEA with additional investment from Insignia Ventures Partners.


e-Commerce logistics startup Kubbo begins international expansion, starts Italy operations
Published: 23-05-2022 | 12:50:00 | By: Pie Kamau
e-Commerce logistics startup Kubbo, announced its first international move to expand its model of digitising logistics for brands and ecommerce companies. The operator has launched its activity in Italy.


e-Logistics startup Truckbook raises $3m seed funding to revolutionize the trucking industry
Published: 13-05-2022 | 13:21:00 | By: Pie Kamau
Truckbook, a virtual trucking platform providing a suite of solutions for owner-operators, announced it has raised $3 million in Seed funding from Sacramento-based venture capital firm Moneta Ventures.


e-Commerce startup byrd raises $56m Series C to become Europe-wide standard for next-day delivery
Published: 10-05-2022 | 11:07:00 | By: Pie Kamau
e-Commerce fulfillment technology startup byrd has raised a Series C round of $56 million, bringing the funding raised within the last 10 months to $75 million.


Glovo announces winners of its tech startup pitch competition in Kenya
Published: 03-05-2022 | 13:46:00 | By: Pie Kamau
On-demand delivery platform Glovo has announced the winners of its tech startup pitch competition in Kenya.


Logistics startup Swvl acquires Volt Lines, enters European market
Published: 29-04-2022 | 13:57:00 | By: Pie Kamau
Swvl Holdings, a global provider of transformative tech-enabled mass transit solutions announced a definitive agreement to acquire Volt Lines, a Turkey-based B2B and Transport as a Service mobility business.


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


Plug and Play launches $25.5m Supply Chain Fund
Published: 20-04-2022 | 13:41:00 | By: Pie Kamau
The Plug and Play's Supply Chain Innovation Platform announced the closing of Plug and Play Supply Chain Fund I, L.P., a $25.5 million venture capital fund focusing on investments across the end-to-end supply chain.


German tech startup Admitad invests $1.2m in service providing coupon solutions for media
Published: 08-04-2022 | 13:37:00 | By: Pie Kamau
IT company Admitad, with the HQ in Germany and offices in the US (Chicago) and around the world, announced an investment of $1.2 million into White Label that provides сoupon solutions for the online media.


Bridgestone Mobility Solutions joins Startup Autobahn as ‘anchor partner’
Published: 05-04-2022 | 13:03:00 | By: Pie Kamau
Bridgestone Mobility Solutions, Bridgestone EMIA’s business unit focused on developing and launching data-driven fleet, tyre and mobility solutions, has become an “anchor partner” of Startup Autobahn, a mobility-focused innovation network.


Nigerian B2B startup Kwik closes $2m Series A round to digitize informal African trade
Published: 30-03-2022 | 10:49:00 | By: Pie Kamau
French-Nigerian B2B startup Kwik, a fast-growing provider of SaaS logistics services to social vendors and e-commerce platforms in Africa, has announced that it successfully closed its $2 million Series A round.


Capnamic closes $215m venture capital fund for early-stage investments in German-speaking countries
Published: 17-03-2022 | 12:25:00 | By: Pie Kamau
Early-stage investor Capnamic, announced its third venture capital fund of $215 million to focus on Pre-Seed to Series A investments in technology-based startups from the German-speaking region.


Nigerian mobility fintech startup Moove raises $105m series A2 round to scale growth
Published: 15-03-2022 | 09:33:00 | By: Pie Kamau
Mobility fintech, Moove, which provides revenue-based financing to mobility entrepreneurs across Africa, has raised $105 million in an oversubscribed Series A2 round consisting of equity and debt.


15 startups selected for Google for Startups Accelerator Africa Class 7
Published: 15-03-2022 | 09:14:00 | By: Pie Kamau
Google has announced the 15 African startups that have been selected for its Startups Accelerator Africa Class 7 programme. The startups are developing solutions in areas such as healthcare, education, fleet management, logistics automation and recruiting.


Danish customer support innovator Dixa acquires Miuros and Solvemate startups for $43m
Published: 11-03-2022 | 13:40:00 | By: Pie Kamau
Danish customer support innovator Dixa, announced the acquisitions of analytics leader Miuros, and automation pioneer Solvemate.


German logistics tech startup Forto raises $250m to accelerate international expansion
Published: 08-03-2022 | 11:33:00 | By: Pie Kamau
German logistics tech startup Forto, the provider of digitized freight forwarding and supply chain solutions, announced it has raised $250 million in a pre-emptive Series D investment round led by Disruptive.


On-demand delivery platform Glovo launches pitch competition for early-stage tech startups in Kenya
Published: 03-03-2022 | 12:53:00 | By: Pie Kamau
On-demand delivery platform Glovo has launched a pitch competition targeting early-stage tech startups in Kenya that are delivering value to SMEs.


e-Commerce startup The Host Co. raises $1.85m to revolutionize short-term rental industry
Published: 03-03-2022 | 12:44:00 | By: Pie Kamau
The Host Co., the first-of-its-kind digital commerce marketplace for short-term rentals, announced an oversubscribed $1.85 million seed funding round, led by HearstLab with participation from The Artemis Fund and Untapped Capital.


Payhawk becomes first Bulgarian Unicorn after raising $100 million
Published: 01-03-2022 | 14:28:00 | By: Bob Koigi
Payhawk, the payment and expense solution with offices in London, Sofia, Berlin, and Barcelona, has raised an additional $100m to extend its Series B round to $215m.


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


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


German e-bike startup ADO debuts high-end urban commuter D30
Published: 22-02-2022 | 11:09:15 | By: Pie Kamau
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.


German startup Cansativa closes $15m Series B to become the ‘Amazon’ of cannabis for Europe
Published: 17-02-2022 | 12:36:00 | By: Pie Kamau
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.


German healthtech startup Climedo raises €5m funding for product development, expansion within Europe
Published: 16-02-2022 | 11:24:00 | By: Pie Kamau
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.


Las Olas Venture Capital invests in Leverage.ai to modernize global supply chains
Published: 15-02-2022 | 11:26:00 | By: Pie Kamau
Las OIas Venture Capital (LOVC), announced its third Fund II investment in Leverage.ai. to modernize the global supply chains.


Hamburg-based cofenster closes €8m Series A financing for expansion and product development
Published: 14-02-2022 | 11:03:00 | By: Pie Kamau
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.


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


Berlin-based contech startup Flexcavo receives around €7m to expand and digitize the construction industry
Published: 09-02-2022 | 14:40:00 | By: Pie Kamau
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.


Pakistani logistics startup Truck It In raises $13m seed round to transform the road freight industry
Published: 04-02-2022 | 11:24:00 | By: Pie Kamau
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.


Kenyan logistics startup Amitruck raises $4m seed funding to accelerate digital solutions across Africa
Published: 02-02-2022 | 12:09:00 | By: Pie Kamau
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
Published: 02-02-2022 | 12:02:00 | By: Pie Kamau
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.


South African delivery startup Orderin raises $4.7m pre-Series B funding for expansion
Published: 27-01-2022 | 11:02:00 | By: Pie Kamau
South African B2B delivery-as-a-service (DaaS) startup Orderin has raised $4.7 million pre-Series B funding to scale its infrastructure and improve its last-mile delivery service.


Grocery logistics startup EasyBins raises $2m late stage seed round for expansion
Published: 26-01-2022 | 12:21:00 | By: Pie Kamau
EasyBins, a company solving the grocery logistics problem for suburban markets in North America, announced $2 million late stage seed round funding to expand its geographic footprint and invest in technology and staff.


Indian mobility tech startup EVage raises $28m to enhance Commercial EV revolution
Published: 17-01-2022 | 11:12:00 | By: Pie Kamau
US-based venture capital firm RedBlue Capital has invested $28 million in EVage, the all-electric commercial vehicle OEM in India supplying EV trucks to major delivery fleets such as Amazon India's Delivery Service Partner.


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


Ivorian e-Commerce startup Afrikrea raises $6.2m pre-Series A funding, rebrands to 'ANKA'
Published: 13-01-2022 | 10:49:00 | By: Pie Kamau
Afrikrea, an Ivorian e-Commerce startup has raised $6.2 million pre-Series A funding round led by Investisseurs & Partenaires. The startup has also rebranded to 'ANKA'.


Nigerian last-mile delivery startup Kwik reaches 100,000 customers, announces over 400% GMV and revenue growth for 2021
Published: 13-01-2022 | 10:37:00 | By: Pie Kamau
Nigeria's last-mile delivery startup Kwik Delivery, trading name of Africa Delivery Technologies SAS, announced its GMV and revenue for 2021 grew by over 400% year on year.


Berlin-based clean energy startup Ostrom raises €4.4m to make transition to green energy convenient and affordable
Published: 12-01-2022 | 13:30:00 | By: Pie Kamau
Berlin-based clean energy startup Ostrom has raised a total of €4.4 million in pre-seed and seed funding to further its goal of making the switch to green energy as easy and affordable as possible.


German proptech startup Evernest closes €13m Series A funding to to accelerate growth
Published: 12-01-2022 | 12:51:00 | By: Pie Kamau
German proptech company Evernest has successfully closed a Series A financing round of €13 million to accelerate its technology platform development as well as German and international expansion.


Berlin-based fintech startup Denario raises €1.3m to automate B2B payments experience for small businesses
Published: 11-01-2022 | 12:35:00 | By: Pie Kamau
Berlin-based fintech startup Denario announced the closing of €1.3 million venture funding led by 468 Capital, with participation from Presight Capital and MPGI.


Munich-based startup Alasco raises $40m Series-B funding to revolutionize the real estate industry
Published: 11-01-2022 | 11:28:00 | By: Pie Kamau
Munich-based startup Alasco has raised $40 million in Series-B funding to follow the vision of creating the Real Estate Success Software and bringing the real estate industry up to par with leading digital industries.


Venture capital firm Eudemian Ventures debuts $10 million fund targeting software startups
Published: 22-12-2021 | 14:55:20 | By: Bob Koigi
Eudemian Ventures, a Silicon Valley venture capital firm with offices in San Francisco, California, and Munich, Germany, has announced the close of its $10M debut venture capital fund to support early-stage, U.S.-based software startups.


TDK Ventures invests in scalable driverless transportation startup Faction
Published: 20-12-2021 | 15:58:43 | By: Pie Kamau
TDK Corporation announced that subsidiary TDK Ventures, has invested in scalable driverless transportation startup company, Faction.


Munich-based startup ZenML raises $2.7m to advance open source MLOps framework
Published: 15-12-2021 | 13:42:00 | By: Pie Kamau
ZenML, the creator of the extensible open source Machine Learning Operationalization (MLOps) framework for data scientists, announced it has raised $2.7 million in its seed round led by Crane Venture Partners.


German indoor positioning tech startup NavVis raises €25m funding to digitize commercial buildings and assets
Published: 07-12-2021 | 15:52:00 | By: Pie Kamau
NavVis, a global leader in end-to-end solutions for reality capture and digital twins, announced it received €25 million of fresh equity funding that complements the recent €20 million debt funding from the EIB.


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.


German real estate firm CPS sets base in Kenya targeting investors keen on investing in Zanzibar
Published: 30-11-2021 | 14:00:00 | By: Bob Koigi
German Real Estate Firm CPS has set up a hub in Kenya to offer real estate advice and point Kenyan investors to investment opportunities for real estate projects in Zanzibar.


World's innovation platform Plug and Play launches in Basel, Switzerland
Published: 19-11-2021 | 12:11:00 | By: Pie Kamau
The largest innovation enabler in the world, Plug and Play, announced the launch of a new office in Basel, Switzerland, in partnership with the first Founding Partner, uptownBasel.


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


Robert Bosch Venture Capital GmbH joins Variantyx's $26m Series C funding round
Published: 17-11-2021 | 12:20:00 | By: Pie Kamau
Robert Bosch Venture Capital GmbH, the corporate venture capital company of the Bosch Group, has completed an investment in Variantyx, to improve personalized oncology treatment.


South African fleet-tech startup KeyTec and LocoNav enter Africa's video telematics market
Published: 11-11-2021 | 10:49:00 | By: Pie Kamau
South Africa fleet-tech startup KeyTec has partnered with LocoNav to capture the emerging and high-growth video telematics market throughout Africa.


Digital postage stamp startup Stamp Free launches AI-based postal tracking app
Published: 02-11-2021 | 15:29:29 | By: Bob Koigi
Stamp Free Limited, the digital postage stamp company, has launched its new Digitrack app, an AI-based postal validation and tracking app for carriers.


Berlin-based investment platform Moonfare raises $125m Series C to accelerate global growth
Published: 02-11-2021 | 13:03:00 | By: Pie Kamau
Moonfare, the digital private equity investment platform for individual investors, raised $125 million in Series C funding, led by New York-based Insight Partners, to continue to develop innovative investment solutions and accelerate its international expansion.


Chinese autonomous driving startup WeRide releases next-gen small, lightweight Sensor Suite 4.0
Published: 28-10-2021 | 09:15:00 | By: Pie Kamau
WeRide, a Chinese L4 autonomous driving company released WeRide Sensor Suite 4.0 (Suite 4.0), marking another key step towards the mass production of self-driving vehicles.


Berlin-based on-demand delivery startup Gorillas secures close to $1b Series C funding, the largest European round in its sector to date
Published: 19-10-2021 | 08:45:00 | By: Pie Kamau
Gorillas, the European market player in instant on-demand grocery delivery, has successfully raised close to $1 billion in Series C funding round, being the largest funding of a non-listed business Europe's grocery delivery sector has seen to date.


Google selects nine Kenyan startups to receive equity-free funding via its Africa Investment Fund
Published: 19-10-2021 | 07:40:00 | By: Pie Kamau
During its very first “Google for Africa” event held early this month, Google announced it will be investing up to $50 million in African early- and growth-stage startups via its Africa Investment Fund.


German HR startup Personio raises $270 million funding, launches new software
Published: 13-10-2021 | 13:52:53 | By: Bob Koigi
Personio, Europe’s HR software company for small and mid-sized businesses, has announced People Workflow Automation, a new category of software.


Berlin-based startup Made of Air raises €5m seed round to make thermoplastics for Audi, H&M Group and other companies
Published: 08-10-2021 | 13:54:00 | By: Pie Kamau
Made of Air, the carbon negative materials startup that turns wood waste into thermoplastics, announced a €5 million in seed funding, led by Norwegian sustainability-focused family fund.


MXP Ventures announces $10m venture capital fund to propel next-gen of agency startups
Published: 07-10-2021 | 13:43:00 | By: Pie Kamau
Global incubator MXP Ventures announced the establishment of a $10 million venture fund to invest in new agency startups globally. The fund will focus on building and rapidly scaling new agencies across the marketing services spectrum.


German constructiontech startup Schüttflix raises $50m in additional financing, prepares to go international
Published: 01-10-2021 | 10:59:00 | By: Pie Kamau
After delivering more than 100,000 shipments in Germany, constructiontech startup Schüttflix announced it has raised $50 million of additional capital.


ShipHero opens accelerator program to support emerging e-Commerce startups
Published: 30-09-2021 | 16:50:00 | By: Pie Kamau
ShipHero, the shipping and logistics provider for over 5,000 e-commerce brands and 3PLs, announced a new accelerator program for e-Commerce startups looking to supercharge their businesses with best-in-class warehouse management software.


Perch Mobility startup raises seed funding to accelerate growth
Published: 24-09-2021 | 12:42:58 | By: Pie Kamau
Perch Mobility, the provider of portable charging pods that fuel the micromobility industry, announced the close of its successful seed round funding, which will enable the company to expand coverage into key strategic markets across the U.S.


German startup Focused Energy raises $15m seed round to pursue commercial fusion energy production
Published: 23-09-2021 | 16:15:00 | By: Pie Kamau
Focused Energy, a laser fusion startup dedicated to developing fusion as a means of generating clean alternative energy, announced the successful completion of $15 million in seed funding.


Delivery startup Glovo expands its African footprints
Published: 23-09-2021 | 16:02:01 | By: Pie Kamau
Leading multi-category delivery platform Glovo recently announced the expansion of its operations in Africa, to include Ghana and Tunisia, bringing its current operations to a total of seven countries on the continent.


Chinese warehouse robotics startup HAI ROBOTICS secures $200m funding to accelerate growth
Published: 22-09-2021 | 14:26:00 | By: Pie Kamau
HAI ROBOTICS, a Chinese warehouse robotics startup pioneering in autonomous case-handling robotics (ACR) system, announced it has secured two new continuous rounds of financing, garnering $200-odd million in total.


Berlin-based Workist exits stealth to create global AI business connectivity layer
Published: 17-09-2021 | 11:39:10 | By: Pie Kamau
Workist, the company applying cutting-edge, deep-learning technology to automate business transactions, exited stealth and introduced its flagship product WorKI, an intelligent document processing tool that leverages advanced artificial intelligence.


Construction tech startup KEWAZO raises $5m Series A funding to scale robotic fleet in scaffolding industry
Published: 16-09-2021 | 13:26:00 | By: Pie Kamau
KEWAZO, a player in construction robotics, announced it has closed a $5 million series A funding round, bringing the total amount raised to $9 million.


Shuttle-hailing startup SWVL completes $35.5m pre-funding to accelerate growth strategy
Published: 01-09-2021 | 12:44:00 | By: Pie Kamau
SWVL, a Dubai-based provider of transformative mass transit and shared mobility solutions, announced that several investors, including Agility and Chimera Abu Dhabi, have completed the pre-funding of $35.5 million of the aggregate PIPE subscription.


Nigerian mobility startup Plentywaka raises $1.2m seed funding, acquires Ghana’s Stabus
Published: 24-08-2021 | 14:49:00 | By: Pie Kamau
Nigerian mobility startup Plentywaka raised $1.2 million seed round, after successfully ending the Techstars Toronto Accelerator Program in July 2021. The startup also announced it has fully acquired Ghana’s mobility startup Stabus.


Energy Distribution startup Fuel Me wins Plug And Play's Supply Chain and Logistics Program
Published: 20-08-2021 | 11:55:00 | By: Pie Kamau
Fuel Me, a cloud-based fuel and energy distributor, was selected from a competition with 100 participating companies, for Plug and Play's "Supply Chain and Logistics Program".


Mobility fintech startup Moove raises $23m Series A funding to democratize vehicle ownership in Africa
Published: 13-08-2021 | 14:29:00 | By: Pie Kamau
Moove, an African mobility fintech startup, announced it has raised $23 million in Series A funding, led by Speedinvest and Left Lane Capital.


Korean drone startup PABLO AIR expands U.S. drone delivery business
Published: 05-08-2021 | 13:41:00 | By: Pie Kamau
PABLO AIR, a company specializing in drone logistics solutions and delivery services and a member of Born2Global Centre, has collaborated with local American companies to expand its business in drone delivery in the United States.


Full-stack delivery scale-up Merqueo raises $50m Series C to expand its grocery delivery service across Latin America
Published: 04-08-2021 | 12:20:00 | By: Pie Kamau
Merqueo, a full-stack delivery scale-up, landed a $50 million series C round led by IDC Ventures, Digital Bridge and IDB Invest. The company is the first and largest full-stack grocery delivery player in Latin America.


IFC’s TechEmerge partners with logistics startup Kobo360 to pilot sustainable cooling innovations in Nigeria
Published: 08-07-2021 | 11:02:00 | By: Pie Kamau
Eleven global innovators have been selected to partner with 15 leading Nigerian companies to pilot cost-effective, climate-smart technologies to strengthen the country's temperature-controlled logistics supply chain.


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


Brazilian logtech startup Uello concludes $4m Series A investment deal led by the Btomorrow Ventures
Published: 17-06-2021 | 12:44:00 | By: Pie Kamau
Uello, a Brazilian logtech startup that uses technology and a collaborative network to provide express freight services with superior experience, concluded its Series A investment deal with an investment injection of $4 million.


Speedaf express completes Round A+ financing to build China-Africa express brand
Published: 08-06-2021 | 12:32:54 | By: Pie Kamau
Speedaf express, a China-Africa integrated logistics service provider, officially announced the completion of its Round A+ financing, led by TRUSTBRIDGE, followed by Northern Light VENTURE CAPITAL, and VISION+CAPITAL on the basis of Round A.


Africa's e-logistics startup Lori Systems appoints Uche Ogboi as new CEO
Published: 03-06-2021 | 15:06:00 | By: Pie Kamau
Lori Systems, Africa's e-logistics platform has announced the appointment of Uche Ogboi as its new Chief Executive Officer effective July 1 2021.


BMZ launches startup support programme for Kenyan entrepreneurs
Published: 03-06-2021 | 14:53:00 | By: Pie Kamau
The Federal Development Ministry (BMZ), has expanded its developPPP Ventures programme in Kenya to support local startups.


Mobility startup Beep secures $20m Series A investment for expansion
Published: 26-05-2021 | 16:03:00 | By: Pie Kamau
Beep, a provider of multi-passenger, electric, autonomous mobility solutions, announced today that it has recently closed the company's Series-A round with Intel Capital and Blue Lagoon Capital.


Plug and Play Canada selects 12 startups to participate in Toronto Supply Chain and Logistics Program
Published: 18-05-2021 | 13:24:26 | By: Pie Kamau
Plug and Play Canada announced the selection of 12 startups into the first batch of the Toronto Supply Chain & Logistics Program.


On-demand delivery management startup Cartwheel raises $1m seed round to accelerate growth
Published: 13-05-2021 | 12:54:00 | By: Pie Kamau
Cartwheel, an on-demand delivery management platform for restaurants and retailers, announced it has raised a $1 million seed round led by TenOneTen Ventures with participation from Act One Ventures and Portillo's Hot Dogs,


Logistics startup Logixboard raises $13m Series A funding to power the future of modern freight forwarding
Published: 29-04-2021 | 10:31:00 | By: Pie Kamau
Logixboard, the modern customer experience platform for freight forwarders, closed a $13 million investment led by Redpoint Ventures, with continued participation from Social Leverage, F-Prime Capital, Founders Co-op, Techstars Ventures, and others.


Kenyan e-mobility startup Ecobodaa secures funding from Persistent Energy Capital
Published: 23-04-2021 | 09:32:00 | By: Pie Kamau
Persistent Energy Capital announced a strategic venture building investment and partnership with Ecobodaa, a pioneer e-mobility startup, leading the revolution of the electric motorbike taxi (bodaboda) in Kenya.


Autonomous air cargo startup MightyFly raises $5.1 million seed funding to revolutionize logistics
Published: 22-04-2021 | 13:37:00 | By: Pie Kamau
MightyFly, an autonomous air cargo carrier, announced it has closed $5.1 million in seed funding, including investments from 500 Startups, At One Ventures, Global Founders Capital, Graph Ventures, and Halogen Ventures.


Nigerian last-mile delivery startup Kwik Delivery releases Prestashop plugin
Published: 20-04-2021 | 10:50:00 | By: Pie Kamau
After the release of its plugins for Shopify and Magento, Kwik Delivery has released its plugin for Prestashop.


Kenyan logistics startup Amitruck and Sky.Garden announce last mile goods pick-up and deliveries partnership
Published: 20-04-2021 | 09:44:00 | By: Pie Kamau
Logistics platform Amitruck and e-Commerce platform Sky.Garden have partnered to form an end-to-end digital chain for goods pick-up and deliveries to the last mile.


SWARM Engineering startup raises $2.7m in seed funding led by S2G Ventures and Serra Ventures
Published: 16-04-2021 | 08:50:00 | By: Pie Kamau
SWARM Engineering, the next generation of cognitive software for the food supply chain, announced it closed funding for a $2.7 million seed round.


UniGroup acquires RevUnit joint venture and moving startup Handled
Published: 30-03-2021 | 17:12:27 | By: Bob Koigi
RevUnit and UniGroup joint venture, Handled, recently announced its full acquisition by United Van Lines and Mayflower Transit parent company UniGroup due to its early growth and innovative technology.


Logistics technology startup Baton raises $10.5m Series A funding
Published: 30-03-2021 | 12:08:00 | By: Pie Kamau
Baton, a logistics technology platform developed out of 8VC's acclaimed Build program, announced its $10.5 million Series A funding, co-led by 8VC and Maersk Growth, the corporate venture arm of AP Moller-Maersk.


Berlin-based startup betteries secures €2.1m seed funding to upcycle electric vehicle batteries, avert climate change
Published: 30-03-2021 | 11:41:00 | By: Pie Kamau
Berlin-based profit for impact startup betteries has successfully closed its €2.1 million seed funding round led by impact funds Factor[e] Ventures and Beyond Black.


Snap acquires tech startup Fit Analytics
Published: 23-03-2021 | 14:20:00 | By: Pie Kamau
Snapchat's parent company Snap has acquired Fit Analytics, a technology startup that has built technology to help shoppers pick the right-sized clothing and footwear when they shop online.


No-code business intelligence startup y42 raises $2.9m for scalable and affordable data stack
Published: 23-03-2021 | 12:53:00 | By: Pie Kamau
y42 (formerly Datos Intelligence), a no-code business intelligence platform, announced a seed round of $2.9 million, led by La Famiglia VC. Additional investors include the co-founders of Foodspring, Personio and Petlab.


Chinese logistics startup Duckbill closes $50m funding
Published: 22-03-2021 | 14:59:00 | By: Pie Kamau
Duckbill, the world container trucking/drayage service platform featuring intelligent dispatching and transportation management, announced the closing of fund raising of $50 million which marks the biggest funding in the industry.


Nigerian startup Kwik Delivery officially launches its just-in-time delivery service in Abuja
Published: 15-03-2021 | 15:25:00 | By: Pie Kamau
Nigerian startup Kwik Delivery announced it officially made available its breakthrough, just-in time delivery service to businesses, government agencies and merchants in Abuja.


Dryad secures €1.6m funding to accelerate development of wildfire detection solution
Published: 12-03-2021 | 16:24:14 | By: Bob Koigi
Dryad is developing Silvanet to help public and private forest owners monitor, analyze and protect the world's largest, most remote forests and tackle the devastating impact of wildfires on the environment.


IFC invests in Savannah Fund to support Africa’s tech startups funding growth
Published: 11-03-2021 | 12:23:00 | By: Pie Kamau
IFC announced an investment in the Savannah Fund, a technology seed fund in Africa, to increase lending to startups across sub-Saharan Africa with a focus on supporting women entrepreneurs and disruptive companies in high-growth sectors.


Mediahuis Ventures invests in AI coaching startup BUNCH
Published: 10-03-2021 | 14:05:00 | By: Bob Koigi
Mediahuis Ventures, the venture capital arm of European media group Mediahuis, is investing in BUNCH, a New York and Berlin based  AI coaching startup.


Nigerian startup Kwik Delivery expands its delivery service to 4-wheels vehicles
Published: 02-03-2021 | 15:28:39 | By: Pie Kamau
Kwik Delivery has announced today that it is expanding its app-based breakthrough delivery service to 4-wheels delivery vehicles.


Logistics tech startup ZUUM Transportation launches ZUUM BEYOND TMS for shippers
Published: 26-02-2021 | 12:59:00 | By: Pie Kamau
Logistics technology innovator ZUUM Transportation launched ZUUM BEYOND TMS with ZUUM Business and ZUUM Enterprise, expanding the modular product line of their Logistics Super Platform.


Kenyan logistics startup Amitruck secures pre-seed funding for expansion across East Africa
Published: 18-02-2021 | 10:02:00 | By: Pie Kamau
Kenyan trucking logistics marketplace startup Amitruck secured an undisclosed investment led by US-based Dynamo Ventures with participation from Plug and Play Ventures and a collection of strategic angel investors.


Personio secures $125 million funding as it builds Europe’s top HR platform for SMEs
Published: 20-01-2021 | 12:44:13 | By: Bob Koigi
Personio, the all-in-one HR platform, has announced $125 million of new and preemptive Series D funding in an investment round that values the business at $1.7 billion.


Autonomous sweeper from Berlin startup approved for public road use in Singapore
Published: 15-01-2021 | 11:50:00 | By: Pie Kamau
The autonomous compact sweeper "Donner", developed by a consortium led by ENWAY and Bucher Municipal, has passed the Land Transport Authority's approval test for autonomous vehicles for use on public roads.


sennder raises $160 million to accelerate digitization of European trucking
Published: 15-01-2021 | 11:22:00 | By: Bob Koigi
Through its proprietary technology, sennder directly connects enterprise shippers with trucking companies, bringing greater transparency and efficiency to both carriers and shippers.


Plug and Play partners with MESS to create a mobility & IoT innovation hub in Istanbul, Turkey
Published: 14-01-2021 | 10:18:00 | By: Pie Kamau
Global innovation platform for startups and corporations from Silicon Valley, Plug and Play, is partnering with Turkish Employers' Association of Metal Industries MESS, in launching its newest location in Istanbul, Turkey.


Delivery Hero launches venture capital fund to drive innovation in food delivery
Published: 13-01-2021 | 14:25:01 | By: Bob Koigi
Delivery Hero, the world’s delivery platform, has announced the launch of DX Ventures, an independently managed early-stage venture capital fund with a focus on investing in disruptive founder-led companies.


Energy Robotics secures €2 million funding to advance mobile AI-based robotics solutions
Published: 12-01-2021 | 16:32:00 | By: Bob Koigi
Energy Robotics, a German-based developer of software solutions for mobile inspection robots, has received two million euros in seed funding.


Southeast Asia logistics startup Zeek secures $10 million financing for expansion
Published: 04-01-2021 | 13:35:00 | By: Bob Koigi
Zeek, the Southeast Asia-focused logistics technology startup, announced has secured approximately $10 million in Series Pre-A financing from regional strategic investors and investment funds.


Plug and Play partners with SEDA to establish first-mile innovation hub in Savannah, GA
Published: 17-12-2020 | 16:05:00 | By: Pie Kamau
Plug and Play, the Silicon Valley based venture capital firm and corporate innovation platform, announced its partnership with the Savannah Economic Development Authority (SEDA) to establish a First-Mile Logistics innovation hub in Savannah, GA.


Nigerian logistics startup Kobo360, IFC invite for innovative cooling solution projects in Nigeria
Published: 09-12-2020 | 08:58:00 | By: Pie Kamau
IFC, a member of the World Bank Group, in partnership with Kobo360, an African digital logistics platform, announced an open call for innovators from around the world to bring climate-smart, temperature-controlled logistics (TCL) cooling solutions to Nigeria.


[Startup Interview] Alexander Hotz, Co-Founder, Talenter, Germany
Published: 02-12-2020 | 11:56:00 | By: Bob Koigi
Talenter is a fully tradable crypto currency that offers people access to any type of service and course globally, from low-specialized jobs like lawn mowing or dishwashing to highly qualified services like translation or wood carving.


CerraCap Ventures, Exfinity Venture Partners join forces for new growth
Published: 30-11-2020 | 13:48:00 | By: Pie Kamau
CerraCap Ventures and Exfinity Venture Partners announced their global strategic partnership integrating CerraCap's unique Sales & Scale model with Exfinity's stated vision helping develop global enterprise startups leveraging the Indo-US corridor.


Nigerian mobility startup Plentywaka expands car-hailing service in Delta State
Published: 25-11-2020 | 15:52:20 | By: Pie Kamau
Nigerian mobility startup Plentywaka, announced the launch of a new car-hailing service, Wakacab in Asaba and Warri Delta State, borne out of the need to expand and improve on the limited transport links in southern Nigeria.


Kwik Delivery startup partners with Total on e-commerce fulfilment and delivery service in Nigeria
Published: 23-11-2020 | 07:44:26 | By: Pie Kamau
Nigerian e-commerce startup Kwik Delivery has partnered with Total Nigeria, to develop an e-commerce fulfilment and delivery service in Nigeria.


Berlin startup DigiWhat launches international B2B case studies standard
Published: 17-11-2020 | 13:37:27 | By: Pie Kamau
Berlin startup DigiWhat launched international B2B case studies standard to simplifiy marketing, matchmaking and lead generation efforts for tech companies, venture builders and events.


Chinese autonomous truck startup Inceptio Technology raises $120m to accelerate volume production
Published: 16-11-2020 | 13:24:00 | By: Pie Kamau
Inceptio Technology, an autonomous truck company, announced a $120 million funding led by Contemporary Amperex Technology, developer and manufacturer of lithium-ion batteries.


Imperial partners with Kenyan logistic startup Lori Systems to expand e-logistics technology solutions across Africa
Published: 04-11-2020 | 08:37:29 | By: Pie Kamau
Imperial, an African and European-focused provider of integrated market access and logistics solutions, announced an investment in and partnership with Lori Systems to expand its cutting-edge e-logistics technology solutions across Africa.


German startup 4tiitoo launches NUIA Full Focus, smart software for natural eye contact in video calls
Published: 03-11-2020 | 12:47:00 | By: Pie Kamau
Munich-based startup 4tiitoo (forty two), which specializes in gaze control of computers, launched NUIA Full Focus, a software that creates natural eye contact with conversation partners in video calls intelligently and without artificial image adjustments.


Nufarm, German agritech startup CROP.ZONE partner for alternative weed control across European markets
Published: 22-10-2020 | 11:42:00 | By: Pie Kamau
Australian crop protection and specialty seed company Nufarm and the German agritech startup CROP.ZONE have partnered to launch Nufarm's and CROP.ZONE's hybrid herbicide solutions across major European markets.


Egyptian last-mile delivery startup dreevo launches operations with pre-seed funding from EF Logistics
Published: 14-10-2020 | 16:11:00 | By: Pie Kamau
Egyptian last-mile delivery focused startup dreevo raised a six figure US dollar in a bootstrap, pre-seed funding round from EF Logistics, a third party logistic services provider, to introduce agile and affordable technological solutions.


German tech startup CloudRadar launches new data center in Johannesburg, South Africa
Published: 08-10-2020 | 09:28:00 | By: Pie Kamau
German tech startup CloudRadar is launching its cloud-based IT-monitoring service in South Africa, ahead of further global expansion, to help ensure IT stability for regional businesses in the face of rapid, pandemic-fuelled digitisation.


German environmental IoT startup Dryad raises €1.8m for ultra-early wildfire detection system
Published: 07-10-2020 | 13:18:00 | By: Pie Kamau
Environmental IoT startup Dryad Networks has secured seed funding of €1.8 million to develop a large-scale IoT network for the ultra-early detection of wildfires - the Internet of Trees.


Accenture joins Plug and Play's Startup Creasphere program
Published: 06-10-2020 | 11:45:00 | By: Pie Kamau
Startup Creasphere, one of Plug and Play's global offices focused on Health in Munich, announced its new partnership with Accenture.


ESL and DreamHack merge to shape the future of E-sports and gaming
Published: 01-10-2020 | 16:49:00 | By: Bob Koigi
ESL, the world's largest esports company, and DreamHack, the premier gaming lifestyle festival company, have merged organizations to further accelerate their mission to shape the future of esports and gaming.


Robotics solution startup Exotec raises $90m for international expansion of its warehouse automation technology
Published: 29-09-2020 | 12:55:00 | By: Pie Kamau
Exotec, a robotics solution for logistics and creator of the Skypod 3D warehouse robots, announced a $90 million financing round.


German urban farming startup Infarm raises $170m to grow urban vertical farming network in the world
Published: 18-09-2020 | 13:22:00 | By: Pie Kamau
Infarm, German urban farming network announced $170 million investment raised in the first close of a Series C funding round expected to reach $200 million.


Delivery Hero buys Glovo’s Latin America operations at $272 million
Published: 18-09-2020 | 12:39:00 | By: Bob Koigi
Delivery Hero, the world’s local delivery platform, has entered into an agreement with Glovo, an on-demand delivery start-up, to acquire its operations in Latin America for up to €230 million.


Infarm announces $170 million financing to grow innovative urban farming model
Published: 17-09-2020 | 11:45:31 | By: Bob Koigi
Berlin urban farming network Infarm has announced $170 million investment raised in the first close of a Series C funding round expected to reach $200 million.


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


Nortal to acquire German-based IT solutions company Schütze
Published: 11-09-2020 | 09:24:00 | By: Bob Koigi
Global tech company Nortal has entered into a definitive agreement to acquire Schütze AG, a strategic consulting and software engineering company in Germany.


StartUp Namibia launches Round 2 of COVID 19 Startup Grant
Published: 04-09-2020 | 08:48:00 | By: Pie Kamau
In order to support more startups and young enterprises, StartUp Namibia and its partners announced Round 2 of the COVID-19 Startup Grant, called “Startup Survival Grant”.


Demodesk raises $8m to scale world’s first intelligent online sales meeting software
Published: 03-09-2020 | 16:27:00 | By: Pie Kamau
Demodesk has raised $8 million in the latest Series A funding round, led by Balderton Capital with participation from Target Global, to scale the platform that has revolutionized screen-sharing for great customer conversation.


Traveltech startup Omio raises $100m to strengthen position as global travel platform
Published: 19-08-2020 | 14:40:00 | By: Pie Kamau
Omio, formerly GoEuro, Europe’s leading multi-modal travel booking platform, announced it has secured $100 million in investments from existing and new investors.


German traveltech startup Omio launches 'Open Travel Index' to navigate new travel era
Published: 19-08-2020 | 14:23:00 | By: Pie Kamau
Europe’s leading multi-modal travel booking platform Omio is reigniting travel by launching a new online resource to help travellers easily understand where they can travel to within Europe.


Tubulis secures €10.7 million to develop a new generation of antibody-drug
Published: 06-08-2020 | 19:28:39 | By: Bob Koigi
Germany-based startup Tubulis has closed a €10.7 million Series A financing round to accelerate the development of a new class of highly stable and efficient antibody-drug conjugates (ADCs) and to support the further growth of the company.


German computer vision startup Segmentive closes €2m seed round to breakthrough whole-body mobile segmentation
Published: 06-08-2020 | 15:41:00 | By: Pie Kamau
Deep-tech computer vision startup Segmentive closed final funds in €2m seed round in a bid to deliver whole-body video segmentation, in real-time and on mobile.


Dutch fintech startup BUX launches zero-commission investing app to French users
Published: 20-07-2020 | 16:48:00 | By: Pie Kamau
Dutch fintech startup BUX has launched its zero-commission investing app to French users, making it the first neobroker of its kind in the market.


German startup NavVis receives €20m funding from the European Investment Bank
Published: 08-07-2020 | 15:01:00 | By: Pie Kamau
The European Investment Bank (EIB) and NavVis signed a contract financing of €20 million to NavVis, a global market leader in digital twin technology.


E-mobility startup Bolt launches electric bikes in Paris
Published: 01-07-2020 | 15:19:00 | By: Pie Kamau
E-mobility startup Bolt has announced the introduction of four and two-wheeled vehicles for Parisian urban commuters, who will now have the opportunity to get from A to B on a Bolt electric bike.


TIER Mobility gears up for UK launch, hires two industry top figures
Published: 30-06-2020 | 16:08:00 | By: Pie Kamau
TIER Mobility, a European provider of micro-mobility solutions has hired two senior figures in the ride-sharing and e-mobility sector as it gears up for its UK launch - Fred Jones as General Manager U.K., and Benjamin Bell as Head of Public Policy for Northern Europe.


Ziticity raises €2.2 million seed investment for Europe expansion
Published: 30-06-2020 | 15:51:00 | By: Pie Kamau
Lithuanian logistics platform Ziticity has closed a €2.2 million seed equity investment round led by NordicNinja VC in participation with Superhero Capital VC, Practica Capital, Superangel VC, Startup Wise Guys and business angel Maksim Golivkin.


German startup Elucidate raises €2.5m to expand its financial crime index
Published: 24-06-2020 | 13:02:00 | By: Pie Kamau
Berlin-based financial crime risk quantification agency Elucidate has raised €2.5 million investment led by Silicon Valley-based 11.2 Capital with other participants in the round including Seed X Liechtenstein, Apex Ventures, Big Start Ventures and SixThirty Ventures.


Germany experience management startup zenloop raises €6.1 million to fund expansion
Published: 18-06-2020 | 15:14:47 | By: Bob Koigi
zenloop, an integrated experience management platform based in Germany has announced a financing round of 6.1 million euros.


[Startup Interview] Wolf-Dietrich Fugger, Co-Founder, EWIA Green investments, Germany
Published: 11-06-2020 | 10:25:00 | By: Bob Koigi
EWIA Green investments is a renewable energy company based in Germany with an office in Ghana. Through Solar-as-a-Service model the company sells photovoltaic systems to commercial and industrial customers in form of leasing.


Pan-European startup EstateGuru exceeds €350K funding target by 252 %
Published: 09-06-2020 | 13:04:00 | By: Pie Kamau
Pan-European marketplace for short-term, property-backed loans, EstateGuru has closed a €880K funding round on investment platform Seedrs.


EIT Health selects startups for Headstart 2020
Published: 05-06-2020 | 10:28:00 | By: Pie Kamau
Eighty-nine startups from across Europe have been selected to take part in the annual EIT Health Headstart programme.


Germany startup Vara raises €6.5 million for AI-powered breast cancer screening software
Published: 03-06-2020 | 10:26:00 | By: Pie Kamau
Vara​, the Berlin-based company on a mission to save lives by making breast cancer screening accessible worldwide, has raised €6.5 million Series A funding round, led by ​OMERS Ventures​.


Germany recruitment startup Zenjob bets on €27 million funding for expansion
Published: 14-05-2020 | 10:53:41 | By: Bob Koigi
Digital recruitment agency Zenjob has successfully completed its Series C financing round of €27 million which it is betting on to grow footprint.


Germany-based Zeitgold raises €27 million to automate bookkeeping
Published: 07-05-2020 | 10:37:00 | By: Bob Koigi
Zeitgold, has announced it has raised €27 million in Series B funding as it seeks to grow its footprint in small business accounting automation business.