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South African logistics startup Tripplo raises $1.8m funding to scale its operations
Tripplo has closed its seed funding extension round with $1.8m equity investment.
Swiss healthtech startup CARE appoints Kay Oswald as CEO for U.S. market expansion
CARE has appointed Kay Oswald as the new CEO.
Gebrüder Weiss provides zero-emission deliveries to end customers in Budapest
Gebrüder Weiss has started to provide zero-emission deliveries to end customers.
Cordis acquires medical device startup MedAlliance at $1.1 billion
Cordis has completed the acquisition of MedAlliance, a Swiss medical device startup.
Kayna insurtech raises €1m to revolutionize small business insurance
Kayna insurtech has closed a €1m pre-seed funding round.
On-demand logistics and delivery startup Picup opens driver training centres in South Africa
Picup has launched its Driver Training Centres in Cape Town.
Tech Square Ventures leads investment in cartonization platform, Paccurate
Paccurate announced the closing of $3.5m round led by Tech Square Ventures.
Swiss sports tech startup Coachbetter raises $2.9m to bridge tech and football for all
Coachbetter has announced the completion of $2.9m seed-plus investment round.
Nigerian mobility fintech Moove secures $76m funding for global expansion
Nigerian mobility fintech Moove, has secured $76 million in new funding.
Fintech startup Okoora fuels Paysend's Israeli market entry
Okoora, the Swiss-Israeli fintech startup has partnered with Paysend.
bp ventures invests £4m in UK-based fleet optimization software provider Dynamon
bp ventures has made a £4 million investment in Dynamon.
Swiss fintech startup Numarics raises €10.2m seed round
Swiss fintech startup Numarics has raised a €10.2m seed round for its automated accounting and administration solution tailored to SMEs.
SDX joins forces with CV VC to boost digital private equity in Switzerland
SDX has joined forces with CV VC to boost digital private equity in Switzerland.
Swiss medtech startup Berlin Heals completes financing round for its ongoing CE- study
Berlin Heals has developed a breakthrough method for therapy of heart failure.
Haul247 secures $3m seed funding to drive innovation in Africa’s logistics industry
Haul247 has raised $3 million in a seed funding round.
German autonomous, electric trucking startup FERNRIDE raises $31m Series A funding
FERNRIDE has secured $31m Series A funding.
Volvo Group Venture Capital invests in Trucksters to manage innovative relay trucking in Europe
Volvo Group Venture Capital has invested in Madrid based startup, Trucksters.
Swiss lender Teylor secures €275m to support SMEs through its credit platform
Swiss fintech Teylor has secured €275m funding from Barclays and other investors.
Nigerian cold-chain startup Gricd rebrands as Figorr, secures $1.5m seed funding to support data-driven insurance for perishable goods in Africa
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.
German startup Wingcopter secures €40 to scale up electric delivery drones and logistics services
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
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
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
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.
Logistics SaaS startup BlueCargo raises $11m to make containers flow faster through US Port terminals
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.
Bolt announces plans to expand services in Africa with €500m investment
Bolt has announced plans to invest €500 million to enhance its operations across Africa over the next two years.
Swiss startup Taurus raises $65m to further develop its digital asset platform, fuel international expansion
Taurus, the digital asset infrastructure provider for financial institutions in Europe, announced a $65 million Series B capital raise from strategic investors.
Africa’s mobility startup eWaka secures $540K loan from SECO to accelerate growth
Kenyan mobility solutions provider eWaka has secured a $540K loan from the State Secretariat for Economic Affairs (SECO) of the Swiss Confederation.
South African grocery delivery startup Yebo Fresh raises 4.5m pre-Series A funding to fuel expansion
Yebo Fresh, a South African grocery delivery startup has raised $4.5m in a pre-series A equity funding round.
Squid raises $3.5m to build next-generation cross-chain swaps
Squid, a Zug, Switzerland-based provider of a routing protocol that enables users and developers to easily access cross-chain liquidity, raised a $3.5m seed round led by North Island Ventures.
[Startup Interview] Don Okoth, General Manager, Sendy, Kenya
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.
Terminal49 secures $6.5m Series A to power ocean freight visibility and automation
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.
HashKey and SEBA Bank partner to accelerate institutional adoption of digital assets in Hong Kong and Switzerland
HashKey and SEBA Bank announced a partnership to leverage their digital asset service offerings as well as custody and asset management products to accelerate institutional adoption of digital assets.
Travel startup Wander raises $100m credit facility from Credit Suisse to scale smart vacation homes across the U.S.
Wander, a travel startup with a network of smart vacation homes, announced it has closed a $100 million credit facility with Zürich-based Credit Suisse, a global investment bank and financial services firm.
Kenyan supply chain and logistics startup Leta secures $3m pre-seed funding to accelerate growth
Leta, the supply chain and logistics startup driving distribution optimization, announced the close of $3 million Pre-Seed equity round.
Swiss Web3 payment startup DePay partners with WooCommerce to bring payments to online merchants
Swiss Web3 payment startup DePay, announced it is joining forces with the self-hostable, open-source eCommerce plugin WooCommerce, pushing decentralization further and providing merchants with the ability to have customers send payments directly to their own wallets.
Canadian B2B automotive trading startup TRADE X opens a trade route in Ghana
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
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).
YEGO ride-sharing platform from Rwanda launches in Kenya
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.
Swiss settlement banking startup Arf raises $13m seed seed round to further develop its blockchain-based technology
Arf, the VQF-regulated global settlement banking platform using Web3 technologies has raised $13 million in a seed round with the participation of industry leaders.
Swiss NFT-based athlete investment startup FANtium raises €2m angel investment to democratize athlete financing
Swiss NFT-based athlete investment platform FANtium, announced a private pre-seed round of $2 million.
Nigerian mobility fintech Moove raises £15m financing facility to scale UK operations
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
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.
New Utah startup Oops offers doorstep return pickups for in-store and online purchases
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
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.
ABB partners with Dutch AI predictive maintenance scaleup Samotics to expand condition monitoring services
ABB and Samotics, the provider of ESA technology that is a high-growth scaleup company, have entered a strategic long-term partnership to provide enhanced condition monitoring services.
Swiss biotech startup Hedera Dx raises €14m seed funding to accelerate global adoption of liquid biopsies
Hedera Dx, a Swiss biotech startup, has raised €14 million in funding to launch a blood-based testing solution to profile cancer DNA circulating in the blood, helping patients access better treatments.
Dutch sustainable blockchain startup GRNGrid secures $50m to drive connectivity with crypto exchanges
The GRN Association announced it has secured an investment totaling $50 million for the GRNGrid project from GEM Digital, a venture capital focused on digital currencies.
Amcor increases investment in digital flexible packaging startup ePac
Amcor, a global player in developing and producing responsible packaging solutions, announced a further strategic investment of up to $45 million in ePac Flexible Packaging (ePac), a player in high quality, short run length digitally-based flexible packaging.
Swiss crypto startup 21.co raises $25m, becomes Switzerland's largest crypto Unicorn
21.co, the world's player in providing access to crypto through simple and easy to use products, announced a $25 million round led by Marshall Wace.
Swiss foodtech startup Planted raises €70m Series B funding to accelerate international growth
Swiss foodtech startup Planted, known for its natural biostructured meat made from alternative proteins, announced it has successfully closed its Series B financing round of €70 million.
Swiss tech startup deskbird raises $5m to accelerate growth across Europe
deskbird, a Swiss-based tech company on its way to becoming Europe’s leading workplace management platform, announced the closing of a $5 million Pre-Series A financing round.
ZEBOX America selects new batch of startups to reimagine global logistics and mobility
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
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
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.
Kenyan e-Logistics startup Lori Systems raises funding from Google to facilitate expansion efforts
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.
Swiss startup Numarics secures leading position in European fintech with $2.2m funding
Swiss fintech startup Numarics is on its way to becoming the standard for state-of-the-art financial management and accounting for creators and small and medium-sized enterprises in Europe.
UK-based BotsAndUs secures $13m seed financing for its warehouse data intelligence platform with autonomous robots
BotsAndUs, a cutting-edge intelligence and robotics company has secured $13 million in seed funding to expand its logistics-disrupting solution globally.
London-based AI startup Peptone closes $40m Series A funding to build a state-of-the-art research facility in Bellinzona
Peptone, the molecular computational physics company focused on protein drug discovery, announced the successful completion of a $40 million Series A financing round.
Egyptian digital logistics startup Khazenly raises $2.5 million in seed funding to drive product development
Proceeds will be used to develop Khazenly’s products and services, and quadruple its existing facilities. Geographical expansion will also be supported as Khazenly continues its rapid growth trajectory during 2022.
Utrecht-based same day and next day delivery startup Trunkrs raises €15 million in growth capital
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.
Indonesian social commerce startup Super completes $70m oversubscribed Series C round
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.
Swiss Web3 payment startup DePay brings Web3 P2P payment gateway to eligible Shopify merchants
Swiss Web3 payment startup DePay, announced its official integration into omnichannel commerce platform Shopify, allowing for the very first integration of a wallet-to-wallet (P2P) payment solution for eligible Shopify merchants.
Crypto Valley Venture Capital firm launches early-stage fund targeting African blockchain startups
Crypto Valley Venture Capital (CV VC), announced the launch of its African Blockchain Early-Stage Fund targeting blockchain startups from across Africa.
e-Commerce logistics startup Kubbo begins international expansion, starts Italy operations
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
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
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
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
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
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
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.
Bridgestone Mobility Solutions joins Startup Autobahn as ‘anchor partner’
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
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.
Swiss edtech startup Alphacruncher raises €1.45m for global rollout of research cloud workspace product
Swiss edtech startup Alphacruncher has raised €1.45 million funding from Austrian venture capital firm Alpine Equity, NGM, private investors and existing users, to enable the global rollout of its education and research cloud workspace product, Nuvolos.
Nigerian mobility fintech startup Moove raises $105m series A2 round to scale growth
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
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.
German logistics tech startup Forto raises $250m to accelerate international expansion
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
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
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.
Israeli logistics startup PrettyDamnQuick raises $6m seed round to expand growth in the U.S.
Israeli e-Commerce startup PrettyDamnQuick, the provider of checkout-to-delivery management platforms for e-Commerce businesses, announced the closing of $6 million seed investment round.
Las Olas Venture Capital invests in Leverage.ai to modernize global supply chains
Las OIas Venture Capital (LOVC), announced its third Fund II investment in Leverage.ai. to modernize the global supply chains.
Zurich-based smart data capture pioneer Scandit completes $150m Series D funding to expand its global footprint
Zurich-based Scandit, the global player in smart data capture, has completed a Series D funding round of $150 million at a company valuation in excess of $1 billion.
Pakistani logistics startup Truck It In raises $13m seed round to transform the road freight industry
Pakistan’s logistics tech startup Truck It In closed $13 million seed round jointly led by venture capital firms Global Founders Capital and Fatima Gobi Ventures.
Kenyan logistics startup Amitruck raises $4m seed funding to accelerate digital solutions across Africa
Kenya-based digital trucking logistics startup Amitruck has announced it has secured $4 milllion in a seed funding round that had the participation of investors from Africa, Asia, Europe, the Middle East, and the U.S.
African mobility fintech company Moove secures $10m financing to support expansion to West Africa
NBK Capital Partners Mezzanine Fund II has announced that it closed a $10 million financing facility with Uber's exclusive vehicle supply partner in Africa, the mobility fintech, Moove.
Swiss cybersecurity startup Saporo raises $2.7m pre-seed round to improve resistance against attacks
Swiss cybersecurity startup Saporo announced a $2.7 million pre-seed round co-led by Session VC and Lightbird Ventures to make it easier for businesses of any size to increase their cyber resistance.
South African delivery startup Orderin raises $4.7m pre-Series B funding for expansion
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
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
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
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'
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
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.
Swiss startup Caeli Nova raises CHF 8 million funding to deliver its new emergency oxygen system onto passenger aircraft
This latest round of investment will allow the breathing technology developer to take greater strides in enhancing its technology, and to bring its first products to the market.
TDK Ventures invests in scalable driverless transportation startup Faction
TDK Corporation announced that subsidiary TDK Ventures, has invested in scalable driverless transportation startup company, Faction.
World's innovation platform Plug and Play launches in Basel, Switzerland
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.
Crypto Valley Venture Capital initiates investment strategy to build blockchain accelerator for African startups
African blockchain disruptors and early-stage startups have joined CV Labs Global Incubation Program Batch 03. The African contingent of incubatees is reflective of Crypto Valley Venture Capital’s (CV VC) global investment strategy.
Israeli logistics AI startup Amphorica partners with Swiss investor Falco Capital to accelerate growth
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.
South African fleet-tech startup KeyTec and LocoNav enter Africa's video telematics market
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
Stamp Free Limited, the digital postage stamp company, has launched its new Digitrack app, an AI-based postal validation and tracking app for carriers.
Chinese autonomous driving startup WeRide releases next-gen small, lightweight Sensor Suite 4.0
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.
Basel-based DayOne Accelerator launches call for digital health startups
DayOne, the healthcare innovation initiative based in Switzerland, announced the extended deadline for the global call for its digital health accelerator to Friday, 5 November 2021.
Berlin-based on-demand delivery startup Gorillas secures close to $1b Series C funding, the largest European round in its sector to date
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
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.
ShipHero opens accelerator program to support emerging e-Commerce startups
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
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.
Delivery startup Glovo expands its African footprints
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
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.
Shuttle-hailing startup SWVL completes $35.5m pre-funding to accelerate growth strategy
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
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
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
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
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
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
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
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
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
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
Lori Systems, Africa's e-logistics platform has announced the appointment of Uche Ogboi as its new Chief Executive Officer effective July 1 2021.
Mobility startup Beep secures $20m Series A investment for expansion
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
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
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,
[Startup Interview] Paul Foley, CEO, CTEX Markets, UK
Some of the services it offers include trade routing, price aggregation, AI based market analysis and reporting solutions.
Logistics startup Logixboard raises $13m Series A funding to power the future of modern freight forwarding
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
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
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
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
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
SWARM Engineering, the next generation of cognitive software for the food supply chain, announced it closed funding for a $2.7 million seed round.
[Startup Interview] PJF Schmidt, Lucas Brosi, Marcus Luer, Urs Meier, Founders, Heroes AG, Switzerland
Heroes AG is a Swiss startup that has tapped into the underdeveloped fan merchandising sector through distribution of modern and trendy lifestyle products.
UniGroup acquires RevUnit joint venture and moving startup Handled
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
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.
Chinese logistics startup Duckbill closes $50m funding
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
Nigerian startup Kwik Delivery announced it officially made available its breakthrough, just-in time delivery service to businesses, government agencies and merchants in Abuja.
IFC invests in Savannah Fund to support Africa’s tech startups funding growth
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.
Nigerian startup Kwik Delivery expands its delivery service to 4-wheels vehicles
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
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
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.
Blockchain startup Vaionex Corporation completes seed funding round with Two Hop Ventures
Vaionex Corporation, a blockchain startup founded by students from the University of Cambridge, announced it has completed a seed funding round with Two Hop Ventures, a Dutch venture capital firm focused exclusively on investing in Bitcoin SV startup.
MindMed partners with Swiss psychedelic drug discovery startup MindShift Compounds to patent next-gen psychedelic compounds
MindMed, a psychedelic medicine biotech company announced a new partnership with Swiss startup MindShift Compounds AG to develop and patent next-gen psychedelic compounds with psychedelic or empathogenic properties.
Plug and Play partners with MESS to create a mobility & IoT innovation hub in Istanbul, Turkey
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.
Southeast Asia logistics startup Zeek secures $10 million financing for expansion
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
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
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.
CerraCap Ventures, Exfinity Venture Partners join forces for new growth
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
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
Nigerian e-commerce startup Kwik Delivery has partnered with Total Nigeria, to develop an e-commerce fulfilment and delivery service in Nigeria.
Chinese autonomous truck startup Inceptio Technology raises $120m to accelerate volume production
Inceptio Technology, an autonomous truck company, announced a $120 million funding led by Contemporary Amperex Technology, developer and manufacturer of lithium-ion batteries.
Swiss biotech startup Memo Therapeutics raises €13.9m to support clinical development of potent antibodies
Swiss biotech startup Memo Therapeutics AG, an innovator in the field of antibody discovery and immune repertoire analysis, announced it has raised €13.9 million in Series B financing.
Imperial partners with Kenyan logistic startup Lori Systems to expand e-logistics technology solutions across Africa
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.
AI start up TEAL partners with CorionX to develop a sustainable crypto currency system
TEAL, the smart blockchain ecosystem, is partnering with CorionX, the Corion Foundation that supports stablecoin and DeFi awareness through its #MoneyInTheRightDirectionMovement.
Egyptian last-mile delivery startup dreevo launches operations with pre-seed funding from EF Logistics
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.
Swiss healthtech startup Mobile Health AG selects Infosys for its commercial launch of Consilium Care
Infosys, next-generation digital services and consulting company has been selected by Mobile Health AG to enhance the go-to-market (GTM) strategy for its electronically patient-reported outcomes (ePRO) platform, Consilium Care™.
Robotics solution startup Exotec raises $90m for international expansion of its warehouse automation technology
Exotec, a robotics solution for logistics and creator of the Skypod 3D warehouse robots, announced a $90 million financing round.
Swisscom, Ericsson and Qualcomm join forces to find world's most innovative 5G startups
Switzerland's telecommunications and IT company Swisscom is joining forces with Ericsson and Qualcomm CDMA Technologies GmbH to identify the world's most innovative startups and research teams working on 5G applications.
Zurich-based turicode closes €2m seed investments round for growth plans
turicode, a successful Software-as-a-Service provider in the field of document processing solutions based on machine learning and deep learning raised €2 million seed investments to fund the company’s growth plans.
Swiss startup Olympe raises €2.3m investment round to accelerate growth
Olympe, a disruptive software development platform for large companies announced the closing of €2.3 million funding round.
Swiss cleantech stratup Insolight closes Series A financing with €4.6 million
Swiss cleantech stratup Insolight announced that a Series A Round of €4.6 million has successfully been closed led by Investiere, with co-investors Zürcher Kantonalbank, Swiss Immo Lab and a number of private business angels.
Swiss startup Advertima raises €15m Series A funding to make smart retail spaces a reality
Advertima, an emerging computer vision platform provider, announced the close of a €15 million Series A investment round led by existing shareholder Swiss real estate company, Fortimo Group.
E-mobility startup Bolt launches electric bikes in Paris
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.
Swiss Life Science startup CUTISS raises €18.7 in series B funding
CUTISS AG, an innovative Swiss Life Science Company has successfully closed its series B financing round at €18.7 million, which was eventually oversubscribed.
TIER Mobility gears up for UK launch, hires two industry top figures
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
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.
Swiss fintech startup Alpian secures €11.5 million to launch digital bank
Swiss digital financial services company, Alpian SA, has announced a successful Series A funding round worth CHF 12.2 million, approximately €11.5 million.
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here