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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 4015744 | Tags:



















icotec ag raises $30m in growth financing from MVM Partners
Published: 29-01-2024 | 14:48:00 | By: Pie Kamau






Plug and Play opens new medtech office in Warsaw, Indiana
Published: 18-01-2024 | 11:22:00 | By: Pie Kamau






















RespirAI partners with Mayo Clinic to develop AI respiratory platform
Published: 19-10-2023 | 13:38:00 | By: Pie Kamau
RespirAI Medical has entered into a collaboration with Mayo Clinic for developing a wearable AI-based home monitoring platform for respiratory diseases.


Cordis acquires medical device startup MedAlliance at $1.1 billion
Published: 05-10-2023 | 11:52:00 | By: Pie Kamau
Cordis has completed the acquisition of MedAlliance, a Swiss medical device startup.


Unlocking the future of drug discovery with AI, BBC Research
Published: 26-09-2023 | 11:59:00 | By: Pie Kamau
BCC's newly released report unveils the extraordinary impact of AI on pharmaceutical and biotech sectors.


Indian healthtech startup Bonatra launches Wearable Smart Rings for wellness
Published: 12-09-2023 | 11:13:00 | By: Pie Kamau
Healthtech startup Bonatra has launched Wearable Smart Rings.


The place of Kenyan startups in growing the medtech sector
Published: 31-08-2023 | 09:15:00 | By: Bob Koigi
Investment in the medical devices segment of Africa’s startup space has the potential to hit $259 billion by 2030. Currently, the sector has attracted $500 million in investments.


Nigeria's Remedial Health raises $12m to deliver financial services for neighborhood pharmacies
Published: 01-08-2023 | 13:17:00 | By: Pie Kamau
Remedial Health has secured $12m in an equity and debt funding round.


Explainable-AI image recognition startup ZAC initiates medical imaging for pathology
Published: 18-07-2023 | 09:40:00 | By: Pie Kamau
ZAC will apply its Concept-Learning algorithms in medical imaging.


Medical device company OrganOx raises £25m to transform organ transplantation practices
Published: 17-07-2023 | 12:30:00 | By: Pie Kamau
OrganOx has raised £25m in a growth round led by Lauxera Capital Partners.


VentureBlick secures $2.6m for first two startups, unveils incubator model for medtech innovation
Published: 05-07-2023 | 16:02:00 | By: Pie Kamau
VentureBlick announced the successful closure of its first two deals.


Swiss medtech startup Berlin Heals completes financing round for its ongoing CE- study
Published: 29-06-2023 | 13:15:00 | By: Pie Kamau
Berlin Heals has developed a breakthrough method for therapy of heart failure.


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


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


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


Fertility treatments aren't just for the 1%, Sunfish
Published: 28-03-2023 | 11:23:00 | By: Pie Kamau
Sunfish, a fintech company founded last year, aims to make fertility treatments more accessible and has recently designed a new product to help reduce the cost of In Vitro Fertilization (IVF).


[Interview] Fedir Ted Martynov, CEO, CARMACHAIN, Nigeria
Published: 28-02-2023 | 14:16:00 | By: Pie Kamau
Ted Martynov leads CARMACHAIN, a fintech outfit operating in Nigeria that enables credit data for lenders in markets underserved by credit bureaus.


SEAC Thailand launches 456 Smart Learning Ecosystem to upskills learners
Published: 28-02-2023 | 13:56:00 | By: Pie Kamau
SEAC, Southeast Asia's SMART learning pioneer, launched its 456 Smart Learning Ecosystem to address the slow rate at which the education and training industries are evolving their learning approaches.


[Column] Cathy Smith: With change the only constant, leaders will need to be adaptive in 2023
Published: 28-02-2023 | 13:44:00 | By: Pie Kamau
The last few years have revealed the futility of making predictions about what lies ahead. In our uncertain times, the only guarantee is that the world will keep changing, with change coming at an ever-accelerating rate.


Hong Kong insurtech startup Bowtie revolutionalizes traditional insurance industry with technology
Published: 28-02-2023 | 12:44:00 | By: Pie Kamau
In today’s digital age, many industries have begun to introduce emerging technologies to develop innovative services. The transformation and upgrading of the insurance industry is also in full swing.


South African healthtech startup Envisionit raises $1.65m to expand access to medical imaging
Published: 28-02-2023 | 12:20:00 | By: Pie Kamau
Envisionit Deep AI, a South African healthtech startup that uses AI to bridge the gap in diagnostic imaging, has raised $1.65 million to expand access to medical imaging.


[Column] Dumisani Moyo: Navigating the winds of change in a digital-first world
Published: 24-02-2023 | 15:37:00 | By: Pie Kamau
Business leaders are facing an increasingly disruptive business environment, driven by supply chain constraints, critical skills shortages, hyperinflation, slowing economic growth, and persistent energy challenges, to name a few.


[Column] Chester Wisniewski: Artificial Intelligence now a match for natural ignorance
Published: 24-02-2023 | 15:32:00 | By: Pie Kamau
End-user security training has traditionally been an important aspect of cybersecurity efforts, as it aims to educate and empower employees to identify and prevent potential threats. 


Steph Curry's SC30 joins Simplicity, Silicon Valley AI-driven startup building super app for cities
Published: 24-02-2023 | 15:25:00 | By: Pie Kamau
Simplicity, the platform revolutionizing the way residents connect with their cities, announced that four-time NBA Champion and two-time MVP Stephen (Steph) Curry's SC30, has joined forces with the platform.


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.


Generative AI startup Autobound raises $4m to make writing personalized sales emails easy
Published: 24-02-2023 | 13:41:00 | By: Pie Kamau
Emerging startup Autobound, is announcing $4 million in funding to automate the tedious workflow of writing personalized sales emails.


[Column] Didi Onwu: Understanding youth entrepreneurship in Kenya - why fintech is an attractive sector
Published: 23-02-2023 | 14:59:00 | By: Pie Kamau
Boasting one of the fastest-growing economies in Africa, Kenya is on the rise to become a powerhouse of innovation on the continent. This is largely in part due to the country’s thriving culture of entrepreneurship and its significant startup ecosystem.


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.


Indian SaaS startup Mintoak raises $20m Series A funding round to grow its product portfolio
Published: 23-02-2023 | 14:03:00 | By: Pie Kamau
Mintoak, an India-based software-as-a-service (SaaS) platform focused on merchant services, has raised $20 million in Series A funding round led by PayPal Ventures.


South African car subscription startup Planet42 raises $100m to break car accessibility barriers
Published: 23-02-2023 | 13:45:00 | By: Pie Kamau
South African car subscription startup Planet42 has raised $100 million in combined equity and debt funding.


AfricaGoGreen Fund secures $47m to support tech-focused green projects in Africa
Published: 23-02-2023 | 13:30:00 | By: Pie Kamau
The AfricaGoGreen Fund (AGGF) has raised $47 million in combined investments from top financial organizations, including the IFC, AfDB, the Nordic Development Fund (NDF), and the Sustainable Energy Fund for Africa (SEFA).


Decentralized finance companies are shifting from centralization, Plug and Play
Published: 22-02-2023 | 14:25:00 | By: Pie Kamau
Decentralized finance, commonly referred to as DeFi, is an emerging technology aimed at building a new financial system that is open to everyone and does not depend on traditional financial intermediaries, such as banks, lenders, etc.


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)


[Column] Anna Collard: ChatGPT: What cybersecurity dangers lurk behind this impressive new technology?
Published: 22-02-2023 | 13:38:00 | By: Pie Kamau
It is now possible to use a publicly available artificial chatbot to generate a complete infection chain, possibly beginning with a spear phishing email written in entirely convincing, human-like language.


Bristol-based tech startup Deazy appoints Freya Wordsworth as new Partnerships Manager
Published: 22-02-2023 | 13:15:00 | By: Pie Kamau
Developer marketplace platform Deazy, has appointed Freya Wordsworth as the new Partnerships Manager, as part of a growth push for 2023 that will see the Bristol-based tech firm build a partnership eco-system.


London-based Ocean 14 Capital receives €30m to back marine innovators saving the seas
Published: 22-02-2023 | 13:02:00 | By: Pie Kamau
Ocean 14 Capital fund has received an investment of €30 million from Ingka Investments to support its mission of funding sustainable solutions to improve ocean health.


[Interview] Mikhail Marchenko, Co-founder, JuicyScore, Kenya
Published: 21-02-2023 | 10:57:00 | By: Pie Kamau
Mikhail Marchenko is the Co-founder of JuicyScore, which recently launched its operations in Kenya. JuicyScore offers anti-fraud and risk management solutions to digital lenders, insurance companies, e-commerce and classifieds.


[Interview] David Galadima, Founder, Graemoh Foods, Nigeria
Published: 21-02-2023 | 10:45:00 | By: Pie Kamau
Passionate about sustainable agriculture, aquaculture and food security in Africa, David Galadima is the Founder of fast growing agriculture and processing company, Graemoh Foods, operating out of the northern state of Kaduna, Nigeria.


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.


CcHUB launches $15m accelerator for edtech startups in Kenya and Nigeria
Published: 21-02-2023 | 10:16:00 | By: Pie Kamau
Co-Creation Hub (CcHUB), touted as Africa’s largest innovation and incubation hub, announced it is launching a $15 million accelerator program for targeting edtech startups.


Agritech startup IngredientWerks announces successful completion of seed round funding
Published: 21-02-2023 | 10:08:00 | By: Pie Kamau
IngredientWerks, an ag-tech ingredient company developing high value plant-based proteins for the alternative protein markets, announced it has secured its seed round of funding.


eDRV raises seed round to accelerate an interconnected EV charging ecosystem
Published: 21-02-2023 | 08:57:00 | By: Pie Kamau
eDRV, an API-first electric vehicle (EV) charging management solution used at over 7,500 charging locations globally, announced it has closed on a seed funding round.


SC Ventures partners with Yabx to expand access to financial services in Africa
Published: 20-02-2023 | 14:30:00 | By: Pie Kamau
SC Ventures announced it has entered into a Memorandum of Understanding (MoU) with Yabx , a company incubated by Comviva and part of the Mahindra Group, to address a deep need for responsible consumer finance in Africa.


To stay competitive, startups must combat gender diversity debt, study
Published: 17-02-2023 | 10:25:00 | By: Pie Kamau
Entrepreneurship is booming, but women are underrepresented among its founders, investors and employees. A recent study investigates entrepreneurship's gender "diversity debt," a demographic disparity that can be difficult and costly to remedy.


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. 


IFC, DEG, Hollard, and Yellowwoods invest in South African insurtech startup Naked to boost insurance accessibility
Published: 17-02-2023 | 09:54:00 | By: Pie Kamau
IFC, the German Development Finance Institution (DEG), Hollard, and Yellowwoods, jointly announced an investment in South African insurtech company Naked to expand access to insurance products.


Next-gen self storage startup Stuf secures $11m Series A funding to accelerate growth
Published: 17-02-2023 | 09:25:00 | By: Pie Kamau
Stuf, a next-generation self storage startup, announced it has closed an $11 million Series A financing round led by Altos Ventures and Allegion Ventures, with participation from existing investors, Wilshire Lane Capital and Harlem Capital.


Customer intelligence and marketing CRM platform Gameball raises $3.5m seed round for international expansion
Published: 17-02-2023 | 08:15:00 | By: Pie Kamau
Gameball, the all-in-one customer intelligence and marketing CRM platform for consumer brands, has announced the completion of a $3.5 million fundraise to accelerate its international expansion.


Insurtech startup Lami joins forces with Unchorlight to provide insurance covers for Boda Boda riders in Kenya
Published: 17-02-2023 | 07:59:18 | By: Pie Kamau
Digital insurance provider Lami Technologies is partnering with Unchorlight Kenya (UNK), to provide boda boda riders in the country with access to suitable and reliable insurance covers. 


Spanish EV charging operator Zunder receives €40m from the EIB to accelerate electrification of road transport
Published: 16-02-2023 | 13:34:00 | By: Pie Kamau
The EIB and Zunder, an independent ultra-fast charging infrastructure operator for electric vehicles (EVs) in Spain, have signed a loan of €40 million in order to finance the installation of a network of fast chargers.


Founders of Spatial analytics startup Spatio Metrics join Outer Labs to accelerate data-driven real estate solutions
Published: 16-02-2023 | 13:11:00 | By: Pie Kamau
Sonal Singh Goldstein and Jim Peraino, Founders of Spatial analytics startup Spatio Metrics, are joining Outer Labs, a company that helps real estate owners develop technology.


Kenyan fintech startup Power Financial raises $3m seed funding to accelerate growth
Published: 16-02-2023 | 12:37:00 | By: Pie Kamau
Power Financial Wellness, a Kenyan fintech startup that seeks to advance the financial well-being of its customers has secured a $3 million seed funding.


Identity verification platform Smile Identity raises $20m funding for Pan-African expansion
Published: 16-02-2023 | 11:56:00 | By: Pie Kamau
Smile Identity, Africa's Know Your Customer (KYC) onboarding and identity verification platform, announced the successful completion of its Series B funding round, raising $20 million.


Authentication startup Descope launches from stealth with $53m seed funding to trailblaze a passwordless future for all
Published: 16-02-2023 | 11:33:00 | By: Pie Kamau
Descope announced it has raised $53 million in seed funding and emerged from stealth to launch a frictionless, secure, and developer-friendly authentication and user management platform.


Insurtech startup OpenEyes emerges from stealth with $23m Series A funding
Published: 15-02-2023 | 14:14:00 | By: Pie Kamau
OpenEyes, an insurtech company serving commercial automotive fleets, today emerged from stealth with $18 million in Series A funding led by global software investor Insight Partners and Pitango First.


Amsterdam-based mobility startup Transferz raises €6.5m for its sustainable and reliable ground transportation solutions
Published: 15-02-2023 | 13:32:00 | By: Pie Kamau
Transferz, the Amsterdam-based B2B mobility platform in pre-booked ground transportation, announced a successful €6.5 million fundraising round led by a consortium of individual business angels.


Battery startup NanoGraf raises $65m Series B to scale North American production of silicon anode products
Published: 15-02-2023 | 12:22:00 | By: Pie Kamau
NanoGraf, an advanced battery materials company and enabler of the world’s most energy-dense lithium-ion 18650 cell, announced it has raised $65 million in an oversubscribed Series B funding round.


London-based digital health startup Syndi raises £1.65m to build its AI-driven wellbeing support platform
Published: 15-02-2023 | 12:02:00 | By: Pie Kamau
Syndi Health, a startup providing a digital infrastructure to offer personalised and effective digital health support within organisations, has raised £1.65 million ($2 million), in equity and grant funding.


Acceldata raises $50m Series C funding to expand market leadership and product innovation in data observability
Published: 15-02-2023 | 11:39:00 | By: Pie Kamau
Acceldata, the market leader in data observability, has raised $50 million in Series C funding. This latest round of funding was led by March Capital, with additional investment from Sanabil Investments.


Predicta Med raises investment from CerraCap Ventures to support its early detection, intervention of chronic diseases platform
Published: 14-02-2023 | 09:53:00 | By: Pie Kamau
Venture Capital fund CerraCap Ventures, announced a strategic investment in Predicta Med, an early-growth startup helping medical clinics and institutions identify and work-up immune-related diseases earlier.


Y Combinator-backed Crew raises $2.3m to launch first all-in-one recruiting CRM
Published: 14-02-2023 | 09:26:00 | By: Pie Kamau
After 18 months of restricted beta access, Crew, a Parisian all-in-one recruiting CRM for teams solution, announced the launch of its product in self-serve and a $2.3 million seed funding round through a strategic approach.


London-based TDGA secures NewMedia Holding as lead investor in $20m seed round
Published: 14-02-2023 | 09:07:00 | By: Pie Kamau
London-based TDGA, the owner of the biggest brand in Space Media today, Space Hero, announced a $20 million seed round.


Novel Capital, Pipeline Entrepreneurs partner to make non-dilutive capital more accessible to Midwest startups
Published: 14-02-2023 | 08:44:00 | By: Pie Kamau
Novel Capital, the fintech Growth Platform that helps B2B businesses accelerate their growth, announced a partnership with Pipeline Entrepreneurs to make non-dilutive capital more accessible to Midwest startups.


[Interview] Seyi J. Matanmi, Founder, Hosteet, Nigeria
Published: 13-02-2023 | 11:21:00 | By: Pie Kamau
Seyi J. Matanmi is a technology product developer and entrepreneur. Educated in software development, research and analytics, he currently leads the cloud services outfit, Hosteet, operating out of Lagos, Nigeria.


Tech startup Uspace fills the gap in web marketing missing from main street small business
Published: 13-02-2023 | 10:53:00 | By: Pie Kamau
Recent advertising by e-Commerce giants Go Daddy, Shopify, Wix and others would have the public believe that anybody can build and launch a moneymaking website with little time and effort.


Nigerian fintech startup Trade Lenda raises $520K in pre-seed round to accelerate growth
Published: 13-02-2023 | 10:03:00 | By: Pie Kamau
Trade Lenda, a Nigerian fintech startup that helps micro, small, and informal retailers with access to financing for their business needs, has raised $520K in pre-seed funding to speed its growth.


CampX by Volvo Group opens new Incubator track for startups to accelerate sustainable mobility innovations
Published: 13-02-2023 | 09:45:00 | By: Pie Kamau
More than 50 startups have developed their ideas at CampX, the global collaboration hub for innovations by Volvo Group.


Saudi Arabian HR tech startup Palm.hr raises $5m pre-Series A round to expand across the MENA region
Published: 13-02-2023 | 09:31:00 | By: Pie Kamau
Palm.hr, a Saudi Arabian HR firm that automates payroll, tracks leaves and absences and monitors employee performance, announced it has secured $5 million in a pre-Series A round.


Rembrand raises $8m seed round to scale AI product placement for video
Published: 10-02-2023 | 09:39:00 | By: Pie Kamau
Rembrand, the revolutionary AI product placement platform that embeds photo-realistic products into digital videos, announced a $8 million seed round and the upcoming launch of their beta platform.


Israeli foodtech startup Meala secures $1.9m pre-seed round to improve plant-based foods
Published: 10-02-2023 | 09:24:00 | By: Pie Kamau
Startup Meala FoodTech, the developer of a functional protein platform, announced the close of $1.9 million in pre-seed investment. The round was led by The Kitchen FoodTech Hub.


IDTechEx explores nine startups innovating polymer additive manufacturing
Published: 10-02-2023 | 09:02:00 | By: Pie Kamau
Essential to understanding the evolution of the polymer 3D printing industry is exploring the change from low-cost printing technologies and materials to the slow growth and adoption of innovative polymer printing technologies.


Africa’s mobility startup eWaka secures $540K loan from SECO to accelerate growth
Published: 10-02-2023 | 08:40:00 | By: Pie Kamau
Kenyan mobility solutions provider eWaka has secured a $540K loan from the State Secretariat for Economic Affairs (SECO) of the Swiss Confederation.


Partech Africa II reaches first close at €245m, above target fund size
Published: 08-02-2023 | 11:02:00 | By: Pie Kamau
Partech, the global technology investment firm, announced the first closing of Partech Africa II at €245 million, already above the target fund size.


Seven African startups to receive $385k to develop solutions for the blue economy
Published: 08-02-2023 | 10:42:00 | By: Pie Kamau
Climate resilience venture launcher Triggering Exponential Climate Action (TECA), has announced the selection of seven African startups to each receive $55,000 in funding to advance their solutions for the blue economy across the continent.


Canadian healthtech startup The Rounds closes $6.7m Series A funding to accelerate growth
Published: 08-02-2023 | 10:35:00 | By: Pie Kamau
The Rounds, a Canadian healthcare tech startup, announced the successful close of its Series A round with two follow-on investments totaling $1.6 million CAD from Panoramic Ventures.


Metal 3D printing startup Fabric8Labs closes $50m Series B financing for electrochemical additive manufacturing technology
Published: 08-02-2023 | 10:17:00 | By: Pie Kamau
Fabric8Labs, pioneer of electrochemical additive manufacturing, announced the close of a $50 million Series B investment round led by New Enterprise Associates (NEA).


Building construction startup Boxabl unveils the home of the future
Published: 08-02-2023 | 09:42:00 | By: Pie Kamau
Boxabl, the innovator in building systems, made a huge impact at this year's International Builders' Show (IBS) with its two-story building display.


Kenyan government drops fraud charges against Nigerian fintech Flutterwave
Published: 08-02-2023 | 09:33:00 | By: Pie Kamau
The Kenyan government has dropped charges of financial impropriety against Flutterwave, according to a new report by Bloomberg.


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.


Spanish fintech startup Snab closes €1.1m investment round to grow its B2B payments platform
Published: 06-02-2023 | 14:56:00 | By: Pie Kamau
Snab, the Spanish payment platform that allows payments and transfers between companies in one click, has raised €1.1 million in its first funding round.


South African digital lender Lulalend raises $35m Series B funding to accelerate growth
Published: 06-02-2023 | 14:32:00 | By: Pie Kamau
Lulalend, a South African digital lender offering funding options for businesses. has raised $35 million in Series B funding to accelerate the growth of its loan book and bring new solutions to the market.


Anthropic forges partnership with Google Cloud to help deliver reliable and responsible AI
Published: 06-02-2023 | 14:19:00 | By: Pie Kamau
Google Cloud announced a new partnership with Anthropic, an AI startup focused on safety and research. Anthropic has selected Google Cloud as its preferred cloud provider.


Finance software startup Quartr signs API deal with Nordnet to enhance informed investment decisions
Published: 06-02-2023 | 12:15:00 | By: Pie Kamau
Finance software startup Quartr signed an API deal with Nordnet, the online broker in the Nordic region, reaching almost two million customers.


[Column] Xiao Feng: The 10 principles of Web3
Published: 03-02-2023 | 12:52:00 | By: Pie Kamau
What is Web3? Web3 is essentially the other side of the coin in relation to blockchain technology. When we talk about blockchain, we are also talking about Web3 to a considerable extent, and vice versa.


Ingredient biotech startup Michroma closes $6.4m seed round to bring novel food coloring to market
Published: 03-02-2023 | 12:38:00 | By: Pie Kamau
Michroma, a precision fermentation food ingredient startup, announced it has closed $6.4 million in seed financing, to fast-track the company's commercialization of sustainable natural colorants.


Bangladeshi B2B commerce platform ShopUp secures $30m debt financing to fuel expansion, strengthen supply chain operations
Published: 03-02-2023 | 11:40:00 | By: Pie Kamau
ShopUp, a full-stack B2B commerce platform in Bangladesh, announced it has secured $30 million in debt financing, to drive expansion efforts and strengthen the company's supply chain operations.


22 Milken-Motsepe Prize in AgriTech finalists push to the finish
Published: 03-02-2023 | 11:16:00 | By: Pie Kamau
The Milken Institute and the Motsepe Foundation, kicked off the final phase of the Milken-Motsepe Prize in AgriTech.


Panoramic Ventures welcomes Christy Johnson as General Partner and Chief Performance Officer
Published: 03-02-2023 | 10:40:00 | By: Pie Kamau
Panoramic Ventures, a venture capital firm based in Atlanta that partners with extraordinary founders to build category-leading companies, has welcomed Christy Johnson as General Partner and Chief Performance Officer (CPO).


AI-focused customer communications app Yobi raises $2.37m seed funding to accelerate growth
Published: 03-02-2023 | 10:29:00 | By: Pie Kamau
Yobi, the AI-focused customer communications app catering specifically to the small business community, announced it has raised a total of $2.37 million as part of its oversubscribed seed round.


French hydrogen startup HySiLabs raises €13m Series A funding to accelerate growth
Published: 02-02-2023 | 13:16:00 | By: Pie Kamau
HySiLabs, the novel hydrogen transport and storage technology developer, announced €13 million Series A financing led by Equinor Ventures, and joined by the European Innovation Council Fund, EDP Ventures and PLD Automobile.


12 African startups selected for Techstars Accelerator program in Lagos, Nigeria
Published: 02-02-2023 | 12:49:00 | By: Pie Kamau
ARM Labs Lagos Techstars Accelerator, a Lagos-based program to build early-stage African fintech and proptech startups has announced its inaugural class. The cohort is made up of ten Nigerian and two Kenyan startups, with 50% female CEOs. 


Google opens new accelerator program for women founders in Africa
Published: 02-02-2023 | 12:22:00 | By: Pie Kamau
Google has announced an accelerator program aimed at providing resources and opportunities for women founders in Africa.


Deep-tech startup KrossLinker develops cost-effective aerogel insulation to accelerate energy efficiency adoption
Published: 02-02-2023 | 12:08:00 | By: Pie Kamau
KrossLinker, an energy-efficiency-focused deep-tech advanced material startup, is designing and developing the world's most insulating nanomaterial, aerogel, that is low-cost, environmentally friendly, and scalable.


Kenyan rural Internet Service Provider Mawingu raises $9m to scale its operations across the country
Published: 02-02-2023 | 11:33:00 | By: Pie Kamau
Rural Internet Service Provider (ISP), Mawingu has raised $9 million in Series B funding to scale its operations across Kenya.


Spotcovery, serving as a bridge between African Americans and Africans, launches optimization tool on site
Published: 01-02-2023 | 14:22:00 | By: Pie Kamau
Spotcovery, the innovative media platform that connects descendants of the African continent while promoting culture, creativity, entrepreneurship and economic growth, has launched the Slickstream optimization tool.


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.


Portuguese startup Coverflex closes €15m Series A round to expand its Compensation OS in Europe
Published: 01-02-2023 | 11:57:00 | By: Pie Kamau
Portuguese startup Coverflex closed €15m Series A round, to expand its Compensation OS in yet another European market, the Italian one!


TBD Health raises $4.4m seed round to expand its hybrid sexual healthcare offerings
Published: 01-02-2023 | 11:35:00 | By: Pie Kamau
TBD Health, a sexual healthcare provider revolutionizing the medical landscape through unparalleled digital and in-person clinical care, announced a $4.4 million seed round.


Squid raises $3.5m to build next-generation cross-chain swaps
Published: 01-02-2023 | 11:09:00 | By: Pie Kamau
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.


Pre-sale home renovation startup Freemodel raises $19.5m Series A funding to expand its service offering
Published: 01-02-2023 | 10:39:00 | By: Pie Kamau
San Francisco Bay Area-based tech-enabled home renovation company Freemodel, announced it has secured a $19.5 million series A investment led by QED Investors.


Cell therapy startup FibroBiologics launches public funding campaign with StartEngine.com
Published: 01-02-2023 | 10:26:00 | By: Pie Kamau
FibroBiologics, a clinical-stage company focused on the development of fibroblast cell-based therapeutics for chronic diseases, launched an online funding campaign with StartEngine, an equity crowdfunding platform.


Top 10 digital health startups in 2023 according to Plug and Play
Published: 26-01-2023 | 13:36:00 | By: Pie Kamau
New trends don’t materialize at the start of the year, but it is still a great time to reflect on the past year and see what topics will fill newsfeeds and dominate conversations in the digital health space in 2023.


French pharma Amolyt raises $138m Series C funding to advance its pipeline of therapeutics
Published: 13-01-2023 | 09:20:00 | By: Pie Kamau
Amolyt Pharma, a global company specialized in developing therapeutic peptides for rare endocrine and related diseases, announced the closing of €130 million Series C equity financing.


Scotland-based healthtech startup PneumoWave raises £7.5m Series A funding to accelerate clinical validation
Published: 13-01-2023 | 09:04:00 | By: Pie Kamau
Scotland-based remote monitoring device startup PneumoWave announced the closing of £7.5 million Series A financing which will enable clinical validation.


Healthcare venture capital fundraising and investment remained strong in 2022, SVB reports
Published: 11-01-2023 | 11:42:00 | By: Pie Kamau
SVB released its 12th annual Healthcare Investments and Exits Report which shows venture capital fundraising and investment persisted in 2022.


Dutch healthtech startup Lapsi Health raises $3.7m seed round to accelerate growth
Published: 11-01-2023 | 11:13:00 | By: Pie Kamau
Dutch healthtech startup Lapsi Health announced an oversubscribed $3.7 million seed round to continue its technology development, acquire FDA certification and begin commercialization activities in the USA.


Parisian medical device startup Ganymed Robotics banks additional €15m through Series B extension
Published: 05-01-2023 | 13:24:00 | By: Pie Kamau
Ganymed Robotics, the developer of computer vision software and robotics technologies for orthopedic surgeons, announced it has extended its Series B with an additional close of €15 million.


Healthtech startup PaxeraHealth closes series A funding round to accelerate its enterprise medical imaging and AI authoring platforms
Published: 20-12-2022 | 10:31:00 | By: Pie Kamau
PaxeraHealth, the medical imaging and AI developer, announced the close of its series A financing round led by Sopris Capital, a venture capital firm focused on technology-enabled healthcare solutions.


Canadian healthtech startup KeyOps raises $4m seed round to fuel expansion in the U.S.
Published: 14-12-2022 | 08:27:00 | By: Pie Kamau
KeyOps, a Toronto-based Insights-as-a-Service (IaaS) startup, announced it has raised $4 million (CAD) in seed funding.


Japanese home health lab startup Bisu collaborates with Polaris Dawn to develop new ways to monitor astronaut health
Published: 05-12-2022 | 11:36:00 | By: Pie Kamau
Traveling in space leads to bone loss, muscle loss, and an increased risk of kidney stone formation, often starting within the first 24 hours of spaceflight as calcium levels in bone and tissue decrease.


Medical device startup Nyra Medical closes $20m Series A financing for its transcatheter heart valve repair technology
Published: 28-11-2022 | 10:47:00 | By: Pie Kamau
Nyra Medical, a medical device company that is developing a novel transcatheter mitral valve repair technology, announced the closing of a $20 million Series A financing.


Belgian health monitoring startup IntelliProve raises €1m to accelerate growth
Published: 16-11-2022 | 11:20:00 | By: Pie Kamau
Belgian health monitoring startup IntelliProve, announced receiving €1 million in investment from The White and Yellow Cross (Dutch: Wit-Gele Kruis), VLAIO, imec.istart Fund and other private investors to fund its market expansion and product development.


Healthtech company CardieX acquires wearable sensor startup Blumio
Published: 16-11-2022 | 10:52:00 | By: Pie Kamau
CardieX , a global health technology company focused on cardiovascular disease, today announced that it has acquired all the assets of Blumio, a Silicon Valley based developer of advanced algorithms and technology for cardiovascular sensors.


Biotech startup Avstera Therapeutics closes seed round to advance its lead programs targeting solid tumors
Published: 10-11-2022 | 14:23:00 | By: Pie Kamau
Avstera Therapeutics, a biotechnology company based in the Philadelphia area, has announced the completion of its seed round to advance its lead cancer programs geared towards targeting solid tumors.


Neurotech startup Roga launches novel wellness solution to combat stress and burnout
Published: 07-11-2022 | 09:23:00 | By: Pie Kamau
Neurotech company Roga, has officially launched its first stress-relieving wellness device Roga Life, for orders worldwide.


Medtech device startup MedCrypt raises $25m Series B funding round to accelerate growth
Published: 02-11-2022 | 09:02:00 | By: Pie Kamau
MedCrypt, the proactive cybersecurity solution provider for medical devices, announced its $25 million Series B funding round.


Healthcare startup Prolocor announces $5.2m funding from seed round and NIH SBIR grant
Published: 31-08-2022 | 11:21:00 | By: Pie Kamau
Prolocor, a healthcare startup developing an innovative precision diagnostic test with the potential to predict the risk of thrombosis by quantifying FcγRIIa on the surface of platelets, announced the closing of an oversubscribed $3.2 million seed round.


UK-based Medi-science International partners with Kenyan healthtech startup Afya Rekod to enhance healthcare delivery
Published: 19-08-2022 | 11:49:00 | By: Pie Kamau
UK-based Medi-science International and Kenyan healthtech startup Afya Rekod have announced a strategic collaboration to transform healthcare delivery through improved access to personal health data.


West makes minority investment in Dublin-based vaccine and biologics startup Latch Medical
Published: 12-08-2022 | 11:49:00 | By: Pie Kamau
West Pharmaceutical Services, a global player in innovative solutions for injectable drug administration, announced it has made a strategic investment in Latch Medical, a Dublin-based startup leading in next-generation vaccine and biologics delivery technology.


Chinese Grand Pharma backs Dutch medtech Xeltis with €15m
Published: 10-08-2022 | 12:27:00 | By: Pie Kamau
Xeltis, a medtech company developing the most advanced polymer-based restorative cardiovascular devices, announced that a Chinese company, Grand Pharmaceutical Group, has committed to invest €15 million in equity and license fees.


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).


Canvas Medical achieves ONC certification, raises $24m to power clinicians and developers scaling digital health companies
Published: 18-07-2022 | 11:48:00 | By: Pie Kamau
Canvas Medical, the EMR that enables clinicians and developers to power the future of care delivery, raised $24 million in Series B funding led by M13 with participation from Haystack.


London-based healthtech startup Wondr Medical raises £12m seed round to accelerate global collaboration across the medical community
Published: 30-06-2022 | 15:45:00 | By: Pie Kamau
Digital health startup Wondr Medical, announced it has raised £12 million seed round to accelerate global collaboration across the medical community.


Medical speech processing startup Cordio Medical raises $18m to accelerate growth
Published: 29-06-2022 | 12:27:00 | By: Pie Kamau
Cordio Medical, a medical speech processing platform, announced its latest successful strategic investment round of $18 million from Ceros Financial Services and Peregrine Ventures.


Amsterdam-based biotech startup CimCure raises € 5m seed round to advance its cancer vaccine
Published: 17-06-2022 | 15:03:00 | By: Pie Kamau
CimCure, a biotech spin-off of Amsterdam UMC, focusing on the development of a novel vaccine-based cancer immunotherapy through its Immune-Boost (iBoost) technology, announced it has raised little over € 5 million in a financing Seed Round.


Chinese biotech startup Meta Pharmaceuticals raises $15m to accelerate its pipeline development
Published: 15-06-2022 | 13:44:00 | By: Pie Kamau
META Pharmaceuticals, China's first immunometabolism-based small-molecule drug discovery company, announced two consecutive Seed and Pre-A funding rounds totaling $15 million.


Kenyan E-health startup Maisha Meds hits 1000 active facilities, expands to Nigeria
Published: 07-06-2022 | 10:04:00 | By: Pie Kamau
Kenyan digital pharmacy network Maisha Meds announced it has reached1,000 active facilities, making it one of the largest digital pharmacy networks in sub-Saharan Africa.


Healthtech startup HealthBeats raises $3m seed funding to expand remote vitals monitoring in Australia and Singapore
Published: 09-05-2022 | 10:42:00 | By: Pie Kamau
HealthBeats, a Singapore-based healthtech startup with end-to-end remote vitals monitoring solution, announced the closing of $3 million Seed round led by healthcare investor Heritas Capital.


Japanese healthtech startup Ubie launches AI-powered symptom checker in the U.S.
Published: 26-04-2022 | 12:11:00 | By: Pie Kamau
Ubie, Inc., a healthcare AI startup with the mission to develop a healthcare guide for everyone, has launched in the United States an AI-powered symptom checker that allows users to enter symptoms and discover related diseases.


Dutch medtech startup STENTiT raises €1.8m seed round to accelerate growth
Published: 25-04-2022 | 13:01:00 | By: Pie Kamau
STENTiT, a medical device company bringing a novel class of regenerative endovascular implants for the treatment of cardiovascular diseases, closed €1.8 million seed investment round.


South Korean medical AI startup Lunit gets preliminary approval to go public on KOSDAQ
Published: 22-04-2022 | 13:32:23 | By: Pie Kamau
Lunit, a medical AI provider, announced a preliminary approval from the Korea Exchange for initial public offering (IPO) on the KOSDAQ market.


Phyto Partners launches neurowellness-focused venture capital fund
Published: 21-04-2022 | 13:06:00 | By: Pie Kamau
Phyto Partners (Phyto), a top venture capital fund, is launching its fourth private equity fund – Phyto IV, LP – focused on businesses operating in and around neurowellness and brain health.


Canadian medical startup DrugBank raises $9m to solve growing biomedical data problem
Published: 12-04-2022 | 11:58:00 | By: Pie Kamau
Canadian future of medicine startup, DrugBank, announced the securing $9 million in seed funding to solve the challenges associated with the world's exponentially-growing biomedical data.


London's GripAble raises $11m Series A funding to deliver data-driven neuro and musculoskeletal rehab
Published: 11-04-2022 | 12:11:00 | By: Pie Kamau
London-based GripAble announced a $11 million in Series A funding led by IP Group, with equal investment from Parkwalk Advisors, to enable GripAble to expand its industry-leading data platform.


Healthtech startup Altibbi raises $44m to scale growth across the MENA region
Published: 29-03-2022 | 13:03:00 | By: Pie Kamau
Middle East’s AI-based digital health platform Altibbi, has raised $44 million in Series B fund funding led by Foundation Holdings, Hikma Ventures and existing investors Global Ventures and DASH Ventures.


Cambridge-based startup Sano Genetics raises $11m funding to accelerate genetic disease research
Published: 28-03-2022 | 16:46:00 | By: Pie Kamau
Cambridge-based startup Sano Genetics announced it has raised $11 million in a Series A funding round led by MMC Ventures, with further funding from Episode 1, Seedcamp and several experienced operators in software and life sciences.


Neurotechnology startup Phantom Neuro secures $3.26m seed round to advance machine control technology
Published: 28-03-2022 | 15:39:00 | By: Pie Kamau
Phantom Neuro, a burgeoning neurotechnology startup, announced a $3.26 million funding round from leading international and U.S.-based investors.


Capricorn Digital Growth Fund closes at €84.5m to back healthtech, business 4.0 startups in Benelux, Europe
Published: 03-03-2022 | 13:09:00 | By: Pie Kamau
Capricorn Digital Growth Fund closes at €84.5 million to back digital health and business 4.0 startups in Benelux


French healthtech startup Synapse Medicine raises $28m to scale its medication reconciliation platform
Published: 01-03-2022 | 10:38:00 | By: Pie Kamau
France-based healthtech startup Synapse Medicine has raised $28 million led by leading European venture firm Korelya Capital, and past investors (XAnge, MACSF, and BNP Paribas Development).


GE Healthcare partners with Kenyan healthtech startup Afya Rekod to simplify access to medical records in Africa
Published: 25-02-2022 | 11:51:27 | By: Pie Kamau
GE Healthcare and Kenya-based startup Afya Rekod have announced a collaboration that seeks to transform care delivery through improved access to personal health data in Kenya, Nigeria, and South Africa.


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.


London-based healthtech startup ExSeed secures £2.5m for its male fertility testing kit
Published: 15-02-2022 | 12:28:00 | By: Pie Kamau
London-based male fertility startup ExSeed Health announced the closing of £2.5 million investment round, taking its seed-stage funding to over £5 million.


Illinois-based clinical stage medical device startup Rhaeos raises $2.2m oversubscribed seed round
Published: 10-01-2022 | 14:02:00 | By: Pie Kamau
Rhaeos, Inc., a private, clinical stage medical device company developing a platform wireless and non-invasive wearable sensor initially targeting the neurosurgical suite, announced the closing of its oversubscribed $2.2 million seed financing.


Israeli AI-powered drug discovery startup Protai raises $8m seed round to provide proteomics-based platform
Published: 10-01-2022 | 13:49:00 | By: Pie Kamau
Protai, an AI-powered drug discovery startup announced its emergence from stealth, along with an $8 million seed financing round co-led by Grove Ventures and Pitango HealthTech.


Medical device startup ViCentra closes €65m Series C funding to expand footprint of insulin pump across Europe
Published: 16-12-2021 | 12:35:00 | By: Pie Kamau
ViCentra, the company behind Kaleido, world's smallest and lightest wearable insulin pump (patch pump), announced the closing of €65 million Series C financing.


Virginia medtech and sportstech startup OxiWear closes pre-seed funding round at $1.25m
Published: 19-11-2021 | 12:26:00 | By: Pie Kamau
OxiWear announced it successfully closed a pre-seed funding round at $1.25 million, oversubscribed above its goal of $750,000.


Israeli Medical device startup Filterlex closes $6m Series A1 investment to accelerate CAPTIS cardiovascular clinical program
Published: 19-11-2021 | 11:57:00 | By: Pie Kamau
Filterlex Medical, a cardiovascular medical device startup, announced it completed a $6 million series A1 investment round from private healthcare investors.


Illumina and Sequoia Capital select first startups to join Genomics Incubator in China
Published: 18-11-2021 | 08:56:00 | By: Pie Kamau
Illumina and Sequoia Capital China, an investment firm, jointly announced the selection of the first two startup companies joining the Sequoia Capital China Intelligent Healthcare Genomics Incubator, Powered by Illumina.


Israeli femtech startup illumigyn partners with Peramare Pharmaceuticals to bring innovative gynecological imaging platform to Nigeria
Published: 17-11-2021 | 15:22:31 | By: Pie Kamau
illumigyn, world's first remote gynecological imaging platform, announced its new distribution agreement with Peramare Pharmaceuticals Nigeria, to deploy 5,000 Gynescopes in Nigeria by 2026.


Israeli medical device startup Innoventric wins Horizon Europe Grant, secures $14m Series A investment
Published: 02-11-2021 | 13:24:00 | By: Pie Kamau
Israeli medical device startup Innoventric, secured $14 million through its Series A financing, including the prestigious Horizon Europe Grant for the sum of €2.5 million.


Chinese SEI Robotics partners with Silicon Valley's Medtrics to bring telemedicine service to Android TV
Published: 29-10-2021 | 15:44:00 | By: Pie Kamau
SEI Robotics, a global innovator of smart IOT devices & provider of Android TV platforms for Pay-TV operators (MVPD), announced its strategic partnership with Medtrics, the Silicon Valley startup, player of digital health service.


South African e-Health startup RecoMed concludes $1.5m funding round to scale its online healthcare marketplace
Published: 28-10-2021 | 16:44:00 | By: Pie Kamau
RecoMed, the online healthcare marketplace and booking platform in sub-Saharan Africa concluded a highly successful funding round of $1.5 million with a strong and diversified group of leading local and international investors.


Basel-based DayOne Accelerator launches call for digital health startups
Published: 22-10-2021 | 13:19:00 | By: Pie Kamau
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.


Medical software startup Optellum appoints Jason Pesterfield as CEO to drive commercial growth in the US
Published: 14-09-2021 | 16:02:00 | By: Pie Kamau
Optellum, a medical software startup based in Oxford, UK, has appointed Jason Pesterfield as CEO to lead growth in the US clinical market. Optellum is a leader in AI-based software that transforms early lung cancer diagnosis and therapy.


South Korean medtech startup Speclipse attracts $7.7m in investments with its laser spectroscopic and AI medical diagnosis technology
Published: 20-08-2021 | 13:17:00 | By: Pie Kamau
Speclipse, a startup specializing in laser spectroscopic and AI-based medical diagnosis technologies and a member of Born2Global Centre, attracted $7.7 million in investments.


Healthtech startup bttn. raises $5m seed add-on to modernize medical supply market
Published: 20-08-2021 | 12:16:00 | By: Pie Kamau
Healthtech startup bttn. announced it has closed a $5 million add-on to its seed round led by FUSE. The funds will be used to expand bttn.'s technology, sales, and operations teams wherein it will further expand and refine the platform, foster additional partnerships.


Baleon Capital launches early-stage fund to back startups tackling underlying challenges within healthcare
Published: 06-08-2021 | 13:59:01 | By: Pie Kamau
Baleon Capital, a new venture capital firm, announced the close of its first fund, which has invested in pre-Series A and Series A companies that are driving innovation in healthcare and transforming medical care in America.


Nigerian healthtech startup Field Intelligence expands into eleven new cities across East and West Africa
Published: 29-07-2021 | 14:26:00 | By: Pie Kamau
Nigerian healthtech startup Field Intelligence announced its expansion into Rivers, Edo, Kaduna, Kano, Enugu, Delta and Kwara States in Nigeria, and Eldoret, Mombasa, Kisumu and Naivasha in Kenya.


Connie Health startup secures additional $13m to scale its tech-enabled Medicare navigation platform
Published: 28-07-2021 | 15:41:00 | By: Pie Kamau
Connie Health, a tech-enabled consumer Medicare navigation platform helping Americans make more informed health and financial choices, announced a $13 million Series A round and begins operations in its second state, Texas.


Zing Health startup joins ConnectureDRX platform to simplify path to Medicare enrollment
Published: 20-07-2021 | 15:11:00 | By: Pie Kamau
Zing Health has partnered with ConnectureDRX, a healthcare software company, to give insurance brokers and consumers a superior experience for choosing the Medicare Advantage plans that best fit each beneficiary's needs.


Seattle based healthtech startup bttn. raises $1.5m to automate the future of medical supply
Published: 25-06-2021 | 11:11:00 | By: Pie Kamau
Healthtech startup bttn. closed a $1.5 million seed round from a group of technology and supply chain leaders.


Medtech startup Mon Health wins ECRI achievement award for technology innovation collaboration
Published: 24-06-2021 | 13:02:00 | By: Pie Kamau
ECRI, an independent, nonprofit organization improving the safety, quality, and cost-effectiveness of care across all healthcare settings, named Mon Health System of Morgantown, West Virginia, the winner of its 15th Health Devices Achievement Award.


Healthtech startup BASMA.com raises $3m Series A round to scale up its platform in the MENA region
Published: 16-06-2021 | 10:42:00 | By: Pie Kamau
UK-based, MENA focused, startup BASMA.com closed $3 million Series A funding led by MEVP with the participation of SOSF, IM capital and returning investors iSME, Cedar Mundi Ventures and IFA capital, to scale up its healthtech platform in the MENA region.


Arcline Investment acquires Resolution Medical
Published: 03-06-2021 | 13:56:00 | By: Pie Kamau
Arcline Investment Management (Arcline), a growth-oriented private equity firm, announced it has acquired a controlling stake in Resolution Medical, LLC from founders Steve Schmidt and Shawn Patterson.


PharmStars launches accelerator to transform how pharma and digital health startups do business
Published: 02-06-2021 | 15:23:56 | By: Pie Kamau
PharmStars announced the launch of its global digital health accelerator to transform how pharma and startups do business.


Wearable devices for brain analysis startup MindPortal raises 5m seed round financing
Published: 25-05-2021 | 15:51:00 | By: Pie Kamau
MindPortal, the creators of the next personal computer that is a wearable non-invasive brain-computer interface, announced the completion of a $5 million seed round of financing.


Israeli healthcare startup Lydus Medical raises $2.7m in seed round funding
Published: 25-05-2021 | 15:22:00 | By: Pie Kamau
Lydus Medical, a portfolio company of Sanara Ventures, a JV of Teva and Philips and an anastomosis technology provider, announced $2.7 million in a Pre-A funding.


U.S., Taiwanese AI startup Aesop Technology partner to improve patient safety
Published: 18-05-2021 | 12:55:00 | By: Pie Kamau
Researchers at Harvard Medical School, Brigham and Women's Hospital, Taipei Medical University, and Aesop Technology, a Taiwan-based startup, announced the results of a new joint study into the international transferability of machine learning.


Chinese biopharma startup Alebund Pharmaceuticals raises $60m in Series B financing round
Published: 11-05-2021 | 12:04:00 | By: Pie Kamau
Alebund Pharmaceuticals, a biopharmaceutical company dedicated to developing innovative therapies for the treatment of renal diseases and related chronic conditions, announced the raise of $60 million in its Series B financing round.


Quantum drug discovery startup PolarisQB hires pharmacologist Ian Reynolds as Advisor
Published: 07-05-2021 | 12:14:10 | By: Pie Kamau
Quantum drug discovery startup Polarisqb has hired Dr. Ian Reynolds, a world renowned expert in pharmacology, as an Advisor to the company.


Biotech startup ResBiotic raises $3m seed round, announces leadership team
Published: 30-04-2021 | 12:49:00 | By: Pie Kamau
University of Alabama at Birmingham's biotech startup ResBiotic, announced a $3 million seed round to support the development and commercialization of groundbreaking probiotic formulations for lung health.


Danish biotech startup Adcendo raises €51m to advance novel antibody-drug conjugates for cancers treatment
Published: 29-04-2021 | 09:37:00 | By: Pie Kamau
Adcendo, a biotech company developing antibody-drug conjugates (ADCs) for the treatment of cancers, announced the successful closing of €51 million Series A financing to advance novel antibody-drug conjugates for treatment of cancers.


UCM Digital Health startup raises $5.5m Series A funding
Published: 28-04-2021 | 16:19:00 | By: Pie Kamau
UCM Digital Health, a provider of emergency telemedicine and virtual care solutions, announced it has completed a $5.5 million series A funding round led by Armory Square Ventures (ASV).


Digital fertility startup Legacy partners with Carrot Fertility to expand access to male fertility care
Published: 28-04-2021 | 16:04:23 | By: Pie Kamau
Legacy, the premier digital fertility clinic for men, announced a new partnership with the global fertility benefits provider for employers, Carrot Fertility.


Telehealth startup PursueCare raises over $11m in Series A1, A2 financing
Published: 26-04-2021 | 13:40:00 | By: Pie Kamau
PursueCare, a telehealth addiction treatment startup, announced an oversubscribed $7 million Series A2 capital raise, bringing its total Series A round to north of $11 million.


Medical device startup Nanodropper completes $1.4m seed funding round
Published: 21-04-2021 | 13:34:00 | By: Pie Kamau
Nanodropper, a medical device company offering a first-of-its-kind eyedrop bottle adaptor that reduces eyedrop size, completed a $1.4 million seed round.


Chicago-based medtech startup Neopenda announces new round of convertible note financing
Published: 16-04-2021 | 09:12:55 | By: Pie Kamau
Neopenda, a Chicago-based public benefit corporation, announced a new round of funding supported by Assiduity Capital and Sorenson Impact Foundation, and the CE Mark approval of its neoGuard device.


Legacy startup raises $10m Series A to make male fertility services accessible to all
Published: 15-04-2021 | 09:53:00 | By: Pie Kamau
Legacy, the premier digital fertility clinic for men, announced $10 million in Series A fundraising led by FirstMark Capital.


Telecel Group launches applications for Africa startups accelerator programme
Published: 14-04-2021 | 15:47:19 | By: Bob Koigi
The Program helps startups achieve 18-24 months of growth in just three months. Now, the next generation of early-stage African tech startups disrupting a wide range of industry sectors are being sought.


Colorado-based startup Trūman Rx launches to expand access to testosterone therapy
Published: 14-04-2021 | 11:03:53 | By: Pie Kamau
In an effort to increase access to testosterone replacement therapy for men, Colorado-based startup Trūman Rx (Trūman) is launching an online, innovative telehealth service for testosterone replacement therapy (TRT).


New Equilibrium Bio startup raises $10m for AI-powered quantum chemistry
Published: 31-03-2021 | 14:37:00 | By: Pie Kamau
New Equilibrium, the pioneer in rational drug design against intrinsically disordered proteins (IDPs), has closed a $10 million seed from RA Capital Management.


Clinical data analytics technology innovator SciMar ONE selected to join Microsoft for Startups
Published: 31-03-2021 | 13:08:00 | By: Pie Kamau
SciMar ONE has been selected as the newest member of Microsoft for Startups to help scale its proprietary artificial intelligence (AI)-powered drug development platform, The Scientific Data Engine (SDE).


Chinese biotech startup Bioheng raises $80m in Series B financing to advance allogeneic immuno-cell therapies
Published: 24-03-2021 | 15:37:00 | By: Pie Kamau
Bioheng Biotech, a clinical-stage biotechnology company dedicated on developing novel cellular immunotherapy for cancer, announced that it had secured $80 million in Series B Financing.


Digbi Health startup raises $5.4m to reverse obesity and associated inflammatory digestive and skin illnesses
Published: 23-03-2021 | 13:16:00 | By: Pie Kamau
Digbi Health announced it has completed $5.4 million in Series A funding led by Accel, with participation from Wisdom LLP and the company's Seed round backers Ocean Azul Partners and Seraph Venture.


Wellness startup Even raises $1.5m to launch solution to replenish nutrients, manage side effects from medication use
Published: 19-03-2021 | 11:24:00 | By: Pie Kamau
Even, the solution for medication-induced nutrient depletions (MIND), announced its brand launch and $1.5 million seed funding led by Align Ventures, Spring Street Group and GAN Ventures.


Ghana’s healthcare startup mPharma to launch Haltons Pharmacies in Ethiopia
Published: 11-03-2021 | 10:58:00 | By: Pie Kamau
Ghanaian health tech startup mPharma, signed a franchise agreement with Belayab Pharmaceuticals to open Haltons Pharmacies in Ethiopia.


Femtech startup OCON Healthcare announces last patient in phase IIa clinical study
Published: 08-03-2021 | 14:53:00 | By: Pie Kamau
OCON Healthcare, a women's health company, announced it had completed enrollment of its Phase IIa clinical study evaluating its intrauterine drug delivery platform IUB™ SEAD™, a non-invasive treatment for abnormal uterine bleeding (AUB).


MindMed partners with Swiss psychedelic drug discovery startup MindShift Compounds to patent next-gen psychedelic compounds
Published: 12-02-2021 | 11:18:40 | By: Pie Kamau
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.


Neuros Medical raises $38.5m in Series BB funding for completion of pivotal clinical study for chronic post-amputation pain
Published: 12-01-2021 | 11:56:00 | By: Pie Kamau
Neuros Medical, a medical device company developing innovative high-frequency nerve block technology for patients with intractable post-amputation pain, announced the closing of Series BB financing totaling $38.5 million.


Veterinary telemedicine startup Hello Ralphie closes $1m seed round
Published: 08-01-2021 | 08:44:00 | By: Pie Kamau
Hello Ralphie, the veterinary telemedicine startup, announced the closing of its $1 million seed round of funding through primary investments from HearstLab and WPMC Fund.


CerraCap Ventures invests in biopharma AI startup Totient
Published: 05-01-2021 | 14:48:32 | By: Pie Kamau
CerraCap Ventures announced its third health-tech investment in Totient, an artificial intelligence-driven drug discovery platform that identifies and harnesses human-derived antibodies from individuals with exceptional immune responses.


Biotech startup Indee Labs announces successful early access program launch
Published: 05-01-2021 | 14:36:00 | By: Pie Kamau
Indee Labs announced the addition of three of the largest pharmaceutical companies, multiple biotechnology companies as well as Stanford's Cell Therapy Clinic and Moffitt Cancer Center, to participate in its Early Access Program.


FemTech startup OCON Healthcare completes funding, appoints Anula Jayasuriya as Chairwoman
Published: 22-12-2020 | 12:45:00 | By: Pie Kamau
OCON Healthcare announced it has completed a USA-focused funding round led by Rhia Ventures, to bring its IUB Ballerine contraceptive and IUB SEAD point-of-care therapy for Abnormal Uterine Bleeding (AUB), to the US market.


Canadian medtech startup Kenota Health raises $11m to bring point-of-care allergy testing to healthcare clinics
Published: 08-12-2020 | 13:59:00 | By: Pie Kamau
Kenota Health, an innovative medical technology company based in Canada, has raised $11 million in funding with the aim of providing rapid and reliable allergy testing for physicians to test and treat more patients within a single clinic visit.


Cloud-based startup Segmed raises $2m to advance dataset sharing for medical AI
Published: 02-12-2020 | 15:14:00 | By: Pie Kamau
Segmed, a cloud-based platform that curates medical data by anonymizing, standardizing and labeling, to accelerate innovation in healthcare, closed $2 million dollars in seed funding led by Blumberg Capital.


SEED SPOT wins $300k EDA grant in partnership with Canyon Angels
Published: 26-11-2020 | 10:34:00 | By: Pie Kamau
SEED SPOT and Canyon Angels will train 180 angels to grow the robust investing community in Arizona and create more access to early-stage funding for entrepreneurs with a focus on EdTech, MedTech, and CleanTech.


Genomic medicines startup Metagenomi closes $65m led by Leaps by Bayer and Humboldt Fund
Published: 26-11-2020 | 10:17:00 | By: Pie Kamau
Metagenomi, a next generation gene editing company launched by UC Berkeley scientists in 2018, successfully completed a $65 million Series A financing round and emerged from stealth mode.


Biotech startup Mekonos raises $4.6m for its gene engineering platform
Published: 24-11-2020 | 12:09:00 | By: Pie Kamau
Mekonos, a biotech company launching the first-of-its kind system-on-a-chip (SoC) for targeted ex vivo gene engineering, announced it has completed a $4.6 million financing round.


Medable nabs $91 million funding to accelerate industry shift to digital and decentralized clinical trials
Published: 20-11-2020 | 13:47:46 | By: Bob Koigi
Digital healthcare startup Medable Inc. has announced $91 million in new funding to accelerate the life sciences industry’s shift to digital and decentralized clinical trials.


Momi Brands raises $1 million investment to commercialize infant feeding tech
Published: 12-11-2020 | 14:30:00 | By: Bob Koigi
MOMI Brands, Inc. has announced has closed a $1 million seed round investment. The company will use the investment to fund the development and commercialization of its patented technologies.


Medtech startup Immertec partners with Orthopaedic Foundation to demonstrate effectiveness of VR surgical training
Published: 12-11-2020 | 12:42:56 | By: Pie Kamau
Orthopaedic Foundation has partnered with medtech startup Immertec, to conduct research to evaluate the effectiveness of VR for remote surgical training.


Dutch biotech startup Salvia BioElectronics receives FDA Breakthrough Device Designation for innovative neurostimulation solution
Published: 05-11-2020 | 15:30:00 | By: Pie Kamau
Salvia BioElectronics, a neurostimulation platform targeting chronic migraine, announced that the U.S. FDA has granted Breakthrough Device Designation for its implantable neurostimulation system to address chronic migraine.


kathy ireland Worldwide expands health advocacy through partnership with tech startup mymedicalimages.com
Published: 28-10-2020 | 13:38:53 | By: Pie Kamau
Medical imaging technology startup mymedicalimages.com has partnered with kathy ireland Worldwide (kiWW) for a new, cutting-edge patient-centric medical image sharing platform.


Seattle biotech startup Genemod raises $1.7m in oversubscribed seed round to drive next generation medicine
Published: 14-10-2020 | 15:09:00 | By: Pie Kamau
Genemod, a software solution for life scientists that uses data automation to streamline and accelerate research announced a $1.7 million seed funding round led by Defy.vc.


Brazil healthtech startup MedPass unveils advanced medicare platform
Published: 14-10-2020 | 13:29:38 | By: Bob Koigi
With strong growth projected for the global HealthTech apps market, Brazilian created MedPass is firmly on the leading edge of this wave as it gains significant traction with investors and clients alike.


ClinSpec Dx secures £2.4 million financing to boost early detection of cancer
Published: 09-09-2020 | 17:10:00 | By: Bob Koigi
Efforts to improve the early detection of cancer have received a significant boost with a £2.4 million funding deal to support the further development of innovative testing technology.


Clinical informatics startup Ovation.io launches pooled testing to boost COVID-19 offering
Published: 28-08-2020 | 15:23:00 | By: Bob Koigi
Ovation.io, Inc, makers of revolutionary solutions for molecular diagnostic labs, has announced support for pooled infectious disease testing, specifically COVID-19 testing


Silicon Valley startup Exo receives $40 million funding to for handheld medical imaging
Published: 27-08-2020 | 10:26:03 | By: Bob Koigi
Exo, a pioneering health information and devices company, has closed a $40 million Series B+ funding round that will fund research and product development on a revolutionary handheld medical device and cloud-based workflow software platform.


U.S. startup Mission Bio raises $70m to accelerate development of cancer therapies
Published: 14-08-2020 | 15:59:00 | By: Pie Kamau
California based startup Mission Bio, pioneer in high-throughput single-cell DNA and multi-omics analysis announced $70 million in its Series C financing led by Novo Growth, the growth equity arm of Novo Holdings.


French startup DNA Script expands Series B funding to $89 million
Published: 05-08-2020 | 13:16:00 | By: Pie Kamau
French startup DNA Script announced a $50 million extension to its Series B financing, bringing the total investment of this round to $89 million led by Casdin Capital.


London based health tech startup Closed Loop Medicine secures £250,000 Innovate UK continuity funding
Published: 24-07-2020 | 15:46:00 | By: Pie Kamau
Closed Loop Medicine (CLM), London based therapeutics and health tech company has secured a £250,000 COVID-19 Innovate UK Continuity Funding award to support its ongoing clinical research programme.


Spanish medtech startup QUIBIM closes €8 million investment round
Published: 22-07-2020 | 14:43:00 | By: Pie Kamau
Spanish Medtech startup QUIBIM has closed €8 million new financing in a seed funding round co-led by Amadeus Capital Partners and Adara Ventures.