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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 4025809 | 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).


Chinese Venture Capital firm CCV signs UNPRI, makes commitment to responsible, sustainable living
Published: 14-03-2023 | 09:55:00 | By: Pie Kamau
The United Nations-supported Principles for Responsible Investment (UNPRI) has admitted CCV, an Asian-based early-stage VC firm as a signatory, making CCV one of the first Asian investment-focused signatories.


Renewable energy startup PAM Africa launches first ever net zero villages in Nigeria
Published: 28-02-2023 | 13:28:39 | By: Pie Kamau
PAM Africa, a Nigerian renewable energy startup has launched Net-Zero Villages (NZVs) consisting of a community that is designed with a whole system thinking approach to offset more greenhouse gases (GHG) than it produces.


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.


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)


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.


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.


Swiss startup Taurus raises $65m to further develop its digital asset platform, fuel international expansion
Published: 14-02-2023 | 08:30:00 | By: Pie Kamau
Taurus, the digital asset infrastructure provider for financial institutions in Europe, announced a $65 million Series B capital raise from strategic investors.


Raven Indigenous Capital Partners closes $100m venture capital fund to support native American entrepreneurs
Published: 02-02-2023 | 12:40:00 | By: Pie Kamau
Raven Indigenous Capital Partners announced the final closing of a $100 million Indigenous venture capital fund that provides patient capital and a culturally grounded community of support.


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


Hatchfi launches out of beta, raises $1.2m pre-seed to enable fintech apps bridge the gap to Web3
Published: 31-01-2023 | 10:47:00 | By: Pie Kamau
Hatchfi, a crypto integration platform that allows users to seamlessly connect crypto accounts to any app like they would a bank account, launched out of beta on the heels of a $1.2 million pre-seed raise.


Adenia Partners announces $300m first close for fund V
Published: 31-01-2023 | 10:33:00 | By: Pie Kamau
Adenia Partners , a private markets investment firm committed to responsible investing and a sustainable Africa, has announced the first close of its fifth flagship fund, Adenia Capital (V) L.P. with $300 million commitments from investors.


Kenyan healthtech startup Zuri Health raises funding to expand across Africa
Published: 31-01-2023 | 10:25:00 | By: Pie Kamau
Kenyan healthtech startup Zuri Health announced it has raised an undisclosed amount of funding from Moroccan VC UM6P Ventures. The funds will be used to support Zuri’s growth and expansion across Africa.


Fulcrum Venture announces fifth cohort of its accelerator program
Published: 31-01-2023 | 10:16:00 | By: Pie Kamau
After reviewing hundreds of startups, Fulcrum Venture Accelerator, the startup accelerator for mission-driven entrepreneurs, announced its fifth cohort of promising young companies set to graduate in March 2023. 


Startup Genome partners with Endeavor to research the Detroit region's entrepreneurial ecosystem
Published: 31-01-2023 | 09:51:00 | By: Pie Kamau
Startup Genome and Endeavor are working together to study and support the Detroit region's entrepreneurial and innovation ecosystem development.


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


Swedish AI startup Viking Analytics raises more than €3m Series A funding for global expansion
Published: 30-01-2023 | 10:32:00 | By: Pie Kamau
Viking Analytics, a Swedish startup developing AI-based machine health monitoring technology, announced the closing of its Series A round, co-led by Belgium-based Finindus and Sweden-based Industrifonden.


Free From Market raises $2.1m seed round for its food is medicine platform to treat chronic health conditions
Published: 30-01-2023 | 09:59:00 | By: Pie Kamau
Free From Market (FFM), the patient-driven digital platform, announced it has closed a $2.1 million seed investment.


Las Vegas startup Roots Homes raises $2.2m to make homeownership easy for Millennials and Gen Z
Published: 30-01-2023 | 09:22:00 | By: Pie Kamau
Roots Homes, the Las Vegas-based startup pioneering fractional homeownership, announced a $2.2 million funding round led by Other Ventures, with participation from Behind Genius Ventures.


European digital asset platform Bitpanda launches SaaS product for banks, fintechs
Published: 30-01-2023 | 09:08:00 | By: Pie Kamau
Bitpanda, a European digital asset platform, announced the launch of Bitpanda Technology Solutions, the most scalable Investing-as a-service infrastructure available in Europe and globally.


Nordics-focused LP firm Monterro announces final close of small-cap fund at €150m hard cap
Published: 27-01-2023 | 12:06:00 | By: Pie Kamau
Monterro, the Nordic B2B software investor, announced the final close of Monterro G1 at its €150m hard cap, including a 24% GP commitment.


Mobility startup BasiGo and AVA to assemble 1,000 electric buses in Kenya
Published: 27-01-2023 | 11:44:00 | By: Pie Kamau
BasiGo, the Kenyan-based electric manufacturer has partnered with the Associated Vehicle Assemblers (AVA), to assemble its buses in the country.


Pegasus Tech Ventures launches $100m fund with Japanese chemicals and life science company Denka
Published: 27-01-2023 | 11:34:00 | By: Pie Kamau
Pegasus Tech Ventures (Pegasus), a global venture capital firm that is headquartered in the Silicon Valley, has established a $100 million corporate venture capital fund with Denka.


Battery recycling startup Redivivus receives funding from ENEOS Innovation Partners to accelerate growth
Published: 27-01-2023 | 11:21:00 | By: Pie Kamau
Redivivus, a lithium-ion battery recycling startup, announced an investment from ENEOS Innovation Partners, a corporate venture capital firm committed to delivering new energy, materials, and services.


Catalyst Fund invests $2m in 10 startups to improve resilience to climate change in Africa
Published: 27-01-2023 | 11:05:00 | By: Pie Kamau
Pre-seed venture capital (VC) fund and accelerator Catalyst Fund, announced a $2 million investment in 10 startups developing solutions to improve the resilience of communities most vulnerable to climate change in Africa.


Sustainable mobility startup eWAKA receives 500K CHF loan to accelerate growth
Published: 27-01-2023 | 10:54:00 | By: Pie Kamau
eWAKA, one of Africa’s most promising sustainable mobility startups, has received strategic support from the State Secretariat for Economic Affairs (SECO) Start-up Fund of the Swiss Confederation.


Irish agritech startup Proveye secures €1m seed funding to accelerate growth
Published: 26-01-2023 | 14:05:00 | By: Pie Kamau
Irish agritech startup Proveye, a pioneer in remote sensing image analysis for agriculture, announced the closing of €1 million seed funding round to advance the company’s growth strategy. 


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.


Michigan State University biotech startup Iaso Therapeutics closes $1.25m equity series seed preferred financing
Published: 26-01-2023 | 13:02:00 | By: Pie Kamau
Iaso Therapeutics closed the first tranche of the company's $1.25 million series seed preferred round of financing.


HLTH Foundation launches coalition to help integrate health equity standards into healthcare tech and data practices
Published: 26-01-2023 | 11:42:00 | By: Pie Kamau
HLTH Foundation announced the formation of the Techquity for Health Coalition, with a mission to assimilate health equity considerations into healthcare technology innovation and data practices.


Memfault raises $24m Series B funding to supercharge its IoT reliability platform
Published: 26-01-2023 | 10:40:00 | By: Pie Kamau
Memfault, the IoT reliability platform, announced a $24 million Series B funding round, led by Stripes with additional participation from existing investors Partech Partners and Uncork Capital as well as the 5G Open Innovation Lab.


Belgian SMEs management software Odoo opens local office in Australia
Published: 26-01-2023 | 09:21:00 | By: Pie Kamau
Belgian company Odoo, an all-in-one integrated business solution for Small and medium-sized enterprises (SMEs), announced it is setting up shop in Australia. 


African tech ecosystem raised $6.5 billion in 2022, report
Published: 25-01-2023 | 12:40:00 | By: Pie Kamau
Partech Africa, the VC fund dedicated to technology startups in Africa, has issued its annual report on Africa Tech Venture Capital, which reveals that despite the global VC downturn, the African tech ecosystem grew faster than all other markets globally. 


Sofia-based EV charging platform AMPECO raises $13m Series A funding to expand in the US
Published: 25-01-2023 | 12:31:00 | By: Pie Kamau
AMPECO, a Sofia-based white-label EV charging management software platform, closed a Series A funding round of $13 million led by BMW i Ventures.


RIMAC Seguros joins Plug and Play's health platform in Silicon Valley
Published: 25-01-2023 | 10:45:00 | By: Pie Kamau
RIMAC Seguros, an insurance company in Peru with 3 million customers, has entered into a strategic partnership with Plug and Play Tech Center, the world's corporate innovation platform based in Silicon Valley.


Video AI startup ShortTok appoints Jayan Eledath as CTO to accelerate innovation, drive growth
Published: 25-01-2023 | 10:26:00 | By: Pie Kamau
ShortTok, an early-stage software company developing automated visual storytelling technologies, announced the appointment of Jayan Eledath as the new Chief Technology Officer (CTO) to accelerate innovation and drive growth.


Japan headquartered drone and Urban Air Mobility startup Terra Drone raises $14m funding to accelerate growth
Published: 25-01-2023 | 09:59:00 | By: Pie Kamau
Terra Drone, a drone and Urban Air Mobility (UAM) technology provider, has raised $14 million in funding from Wa'ed Ventures, the venture capital arm of the biggest oil producer in the world, Aramco.


Madrid-based VC firm Mundi Ventures appoints Delfin Rueda as General Partner and CFO
Published: 24-01-2023 | 13:57:00 | By: Pie Kamau
Mundi Ventures, a global venture capital firm investing in early and growth stage technology ventures, announced the addition of Delfin Rueda to the team as General Partner and CFO.


11 African startups selected for Cohort 3 of ASIP Accelerator Program
Published: 24-01-2023 | 13:26:00 | By: Pie Kamau
Eleven African startups have been selected to join the third cohort of the Africa Startup Initiative Program (ASIP). The accelerator program is powered by Startupbootcamp AfriTech together with its founding partner and leading telecom giant, Telecel Group.


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


Next-gen employee payments startup Grazzy raises $4.25m to power hospitality's future of digital tips
Published: 24-01-2023 | 12:57:00 | By: Pie Kamau
Grazzy, a next-gen employee payments platform, announced a $4.25 million seed funding from Next Coast Ventures and Tuesday Capital to fuel expansion and growth of its digital tipping.


Business-focused insurtech Coverdash announces launch after oversubscribed seed round
Published: 24-01-2023 | 12:37:00 | By: Pie Kamau
Coverdash, a fully-digital business insurance startup providing simplified insurance solutions to businesses of all shapes and sizes, announced the company's official launch and the closing of an oversubscribed seed funding round.


Oklahoma universities, Tulsa Innovation Labs partner to launch Canopy HealthTech
Published: 24-01-2023 | 12:23:00 | By: Pie Kamau
The University of Oklahoma, University of Tulsa, Oklahoma State University, and Tulsa Innovation Labs, announced the launch of Canopy HealthTech, a new multi-year initiative to accelerate the commercialization of virtual health innovations.


Highland Europe closes €1 billion fund to back growth-stage tech startups
Published: 23-01-2023 | 14:35:00 | By: Pie Kamau
Highland Europe announced it has closed its fifth fund, raising €1 billion to double down on its strategy of backing the Continent’s most outstanding founder-led teams in software and internet businesses.


Bangkok-based healthcare marketplace HD raises $6m funding, launches HDcare service for elective surgeries
Published: 23-01-2023 | 14:15:00 | By: Pie Kamau
Bangkok-based healthcare marketplace HD, announced a $6 million funding to improve accessibility and affordability of healthcare services and elective surgeries in emerging Southeast Asia.


5 key insurance industry trends in EMEA region according to Plug and Play
Published: 23-01-2023 | 13:50:00 | By: Pie Kamau
Insurance industry trends over the past year have been significant, especially across Europe, the Middle East, and Africa (EMEA) region.


New startup PinHearts launches in Atlanta, GA
Published: 23-01-2023 | 13:11:00 | By: Pie Kamau
An Atlanta, Georgia-based startup that prints dynamically-generated custom maps commemorating life's special moments announced the official launch of their brand and real-time mapping platform, PinHearts.


Plug and Play China launches call for global startup applications
Published: 23-01-2023 | 11:53:00 | By: Pie Kamau
Global innovation platform Plug and Play has announced a strategic partnership with the Hong Kong Science and Technology Parks Corporation (HKSTP) and launched a call for entries for the Elevator Pitching Competition 2023 (EPiC 2023).


Food Foundry accelerator announces fifth cohort of early-stage foodservice startups
Published: 23-01-2023 | 11:42:00 | By: Pie Kamau
Food Foundry, an accelerator program built by Relish Works and Gordon Food Service for early-stage startups disrupting the food and foodservice industry, announced the five startups that will join the fifth cohort starting in January 2023.


Web3 payments startup SphereOne raises $2.5m to build crypto for grandmas
Published: 23-01-2023 | 10:31:00 | By: Pie Kamau
SphereOne, a crypto payment platform that allows users to make purchases with any cryptocurrency, across any blockchain, announced the closing of a $2.5 million seed round.


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


[Column] Mikhail Marchenko: Major fintech trends that will affect online businesses in 2023
Published: 20-01-2023 | 09:25:00 | By: Pie Kamau
Digitalization and technological achievements, which have been observed in the African region for the past decade, have sped up the inevitable processes in fintech, changing its landscape completely.


African mobile game publisher Carry1st raises $27m funding round to accelerate growth
Published: 20-01-2023 | 09:16:00 | By: Pie Kamau
African mobile game publisher Carry1st, has raised $27 million in a funding round led by BITKRAFT Ventures, featuring participation from Andreessen Horowitz (a16z), TTV Capital, Alumni Ventures, Lateral Capital, Kepple Ventures, and Konvoy.


African startups land deals at European tech events
Published: 20-01-2023 | 09:02:00 | By: Pie Kamau
Seven African tech companies wooed investors, networked and showcased their products at two of the world’s biggest tech gatherings in Europe.


Former CEO of BMW Manufacturing Knudt Flor joins South Carolina startup Delta Bravo
Published: 20-01-2023 | 08:54:00 | By: Pie Kamau
Retired BMW Manufacturing CEO Knudt Flor has been appointed to the newly created advisory board at predictive analytics company Delta Bravo Artificial Intelligence (Delta Bravo AI).


Matchstick Ventures-backed startup Bean emerges from stealth to democratize the market for accounting services
Published: 20-01-2023 | 08:06:00 | By: Pie Kamau
Bean, a Matchstick Ventures-backed digital accounting startup, announced it emerged from stealth to democratize the market for accounting services.


Toronto-based startup Credential Sentry automates occupational license verification to combat negligent hiring and retention
Published: 20-01-2023 | 07:50:00 | By: Pie Kamau
Toronto-based startup Credential Sentry, has developed an advanced data analytics algorithm to streamline the credential verification process for businesses operating in licensed industries.


Swedish solar power startup SunRoof raises €13.5m growth round to expand across Europe and the US
Published: 19-01-2023 | 11:55:00 | By: Pie Kamau
Swedish solar power startup SunRoof announced it has raised €13.5 million growth round extension to bring its pioneering solar roof system to more homeowners worldwide.


Deal Box launches venture arm to invest $125m in foundational Web 3 technologies
Published: 19-01-2023 | 11:22:00 | By: Pie Kamau
Deal Box, a capital markets advisory and secure token offering packaging platform, announced the launch of Deal Box Ventures, a venture arm that will invest $125 million in startups that leverage foundational Web 3 technologies.


YouBiz research reveals key trends and challenges facing Southeast Asian SMEs in 2023
Published: 19-01-2023 | 11:00:00 | By: Pie Kamau
YouBiz, the SME spend management platform by YouTrip, launched its first whitepaper studying emerging business spending trends and key business priorities for SME in 2023.


Innovation scale-up Wazoku launches Mindpool SME to help small businesses capture employee insights
Published: 19-01-2023 | 10:41:00 | By: Pie Kamau
Innovation scale-up Wazoku announced it has launched Mindpool SME, an employee insights dashboard that makes it simpler & faster for SMEs to listen to, understand, and act on employee insights.


Future-of-work platform gigaroo launches out of stealth to transform the service industry employment market
Published: 19-01-2023 | 10:21:00 | By: Pie Kamau
gigaroo, the future-of-work platform that matches service industry employers with relevant Gen-Z job-seekers, announced it has raised multi-million dollar pre-seed round of investment from ATX Venture Partners.


Agritech startup EarthOptics secures $27.6m Series B funding to advance data-driven agriculture through actionable soil insights
Published: 19-01-2023 | 09:33:00 | By: Pie Kamau
EarthOptics, a pioneer in soil measurement and insights, announced a $27.6 million round of funding led by Conti Ventures.


Metaverse development startup Virtualtech Frontier secures seed funding to further develop its Mitoworld platform
Published: 18-01-2023 | 15:51:00 | By: Pie Kamau
Virtualtech Frontier (VTF), a metaverse development company, has secured seed round funding from Blockchain Founders Fund (BFF), joining forces with seed investor 500 Global.


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


Tax and accounting solution provider TaxBit acquires digital asset accounting startup Tactic
Published: 18-01-2023 | 14:58:00 | By: Pie Kamau
TaxBit, the tax and accounting provider for the digital asset economy, announced the acquisition of Tactic, a digital asset financial accounting platform that offers a streamlined accounting subledger.


Finance software startup Quartr partners with Lightyear to bring free and easy-to-access company information for investors across Europe
Published: 18-01-2023 | 14:28:00 | By: Pie Kamau
Finance software startup Quartr, signed an API deal with Lightyear, an online broker based in London, serving customers in 20 countries across Europe.


Infant nutrition startup NAMUH partners with Ginkgo Bioworks to produce multiple infant nutrition products
Published: 18-01-2023 | 14:11:00 | By: Pie Kamau
Infant nutrition startup NAMUH and Ginkgo Bioworks, announced a collaboration to develop functional oligosaccharides that are structurally identical to those found in human breast milk.


London-based hospitality tech startup HotelRunner snaps $6.5m investment to accelerate global growth
Published: 17-01-2023 | 14:19:00 | By: Pie Kamau
HotelRunner, the global hospitality and travel technology provider, announced the closing of $6.5 million Series A round to accelerate global growth.


Kenyan fintech startup Kwara raises $3m seed extension
Published: 17-01-2023 | 14:02:00 | By: Pie Kamau
Kenyan fintech startup Kwara has raised a $3 million seed extension. The new investment was led by existing backers DOB Equity, Globivest and the founder of Kobalt Music.


Wallet-as-a-service startup MSafe raises $5m seed round to develop multi-signature solutions
Published: 17-01-2023 | 13:47:00 | By: Pie Kamau
MSafe (Momentum Safe), a trailblazer in developing the first multi-signature wallet solution on the Aptos / Move ecosystem, announced the completion of a $5 million seed round.


Herself healthtech startup raises $7m funding, opens first clinic to transform advanced primary care for women
Published: 17-01-2023 | 11:43:00 | By: Pie Kamau
Herself Health, a healthcare technology company designed to deliver advanced primary care to women over 65, received $7million seed round funding led by founding partner Juxtapose.


Italian biotech startup Diamante closes €595K seed round to accelerate growth
Published: 17-01-2023 | 10:57:00 | By: Pie Kamau
Diamante, a female-led Italian biotechnology company focused on the use of plants for producing high value-added molecules, closes €595K as a second seed round led by Arieli Capital.


Latvia-based startup Aerones raises $30m to scale its robot-enabled services globally
Published: 16-01-2023 | 12:29:00 | By: Pie Kamau
Aerones, the Latvia-based robot-enabled wind turbine maintenance and inspection startup, announced it has secured $30 million in growth capital to scale its business globally.


Nigerian fintech firm TeamApt reaches annualized payments volume of $170 billion, rebrands to Moniepoint
Published: 16-01-2023 | 12:07:00 | By: Pie Kamau
TeamApt Incorporated, the business banking platform in Nigeria, has adopted the name of its flagship product - Moniepoint, a testament to its success as the all-in-one digital banking solution for businesses.


AI-powered sales assistant Attention raises $3.1m funding
Published: 16-01-2023 | 11:58:00 | By: Pie Kamau
Attention, the AI-powered sales assistant helping teams overcome inefficiencies at every stage of the sales cycle, announced its $3.1 million funding round led by Eniac Ventures.


Beijing-based Astro-E closes seed round financing to accelerate growth
Published: 16-01-2023 | 11:35:00 | By: Pie Kamau
Astro-Energy Technology (Astro-E), a Chinese provider of household new energy products and systems, raised an undisclosed amount in Seed funding led by CAS Venture Capital, followed by Asia Green Fund (AGF) and Ningbo Angel Capital Guiding Fund.


Terramera creates enrichAg to commercialize transformative soil analysis platform with $6m from At One Ventures
Published: 16-01-2023 | 10:56:00 | By: Pie Kamau
Terramera announced the formation of its new majority-owned subsidiary, enrichAg, which will focus on commercializing its soil enrichment platform. The seed round is led with a $6 million investment from AOV.


Contextual marketing startup Digiphy connects brands directly to customers one scan at a time
Published: 16-01-2023 | 10:43:00 | By: Pie Kamau
Digiphy, a contextual marketing startup is disrupting the status quo by empowering brands to connect directly with customers from every product and physical touchpoint.


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.


Boulder-based startup Hickey Hack develops first ever concealer for hickeys
Published: 13-01-2023 | 08:34:00 | By: Pie Kamau
Hickey Hack, a startup based in Boulder, Colorado, has developed a concealer designed to eliminate hickeys. This is the first time a product like this has ever been created and is a major breakthrough in the cosmetic industry.


Honely partners with NeoZips startup to bring digital U.S. real estate investing tool to the Korean markets
Published: 13-01-2023 | 08:18:00 | By: Pie Kamau
Honely has announced the start of a new partnership with NeoZips, an Irvine startup that provides Korea-based clientele an end-to-end service for investing in American real estate.


Fintech startup PayUp partners with property management software provider ResMan
Published: 13-01-2023 | 08:08:00 | By: Pie Kamau
PayUp, a Rex company, announced it has partnered with ResMan, a property management system that drives profitability and efficiency for nearly a thousand property management companies across the U.S.


Security technology startup receives over $4m for humanitarian support
Published: 13-01-2023 | 07:57:00 | By: Pie Kamau
Secured, a service-disabled veteran owned small business security technology firm, is revolutionizing the field of drone surveillance with the first commercially-available automated AI Object Recognition & Change Detection software.


US-based ServiceNow player Thirdera acquires SilverStorm to expand its business in Europe
Published: 12-01-2023 | 09:52:00 | By: Pie Kamau
Thirdera, the global pure-play provider of workflow-enabled ServiceNow services and solutions, announced it has signed a definitive agreement to acquire SilverStorm Solutions.


Finance software startup Quartr signs deal with Swedish online broker Avanza
Published: 12-01-2023 | 09:20:00 | By: Pie Kamau
Finance software startup Quartr, announced it has passed a significant milestone on its mission to bring the financial community closer together by signing a breakthrough API deal with Sweden's online broker Avanza.


Proptech startup zavvie raises $3.65m funding as consumer change will drive company growth through 2023
Published: 12-01-2023 | 08:56:00 | By: Pie Kamau
Zavvie, a software technology company providing real estate brokerages customized marketplaces for buying and selling solutions, announced the completion of a $3.65 million funding round.


Insurance provider Vouch acquires lending startup Level to scale tech-driven underwriting systems
Published: 12-01-2023 | 08:42:00 | By: Pie Kamau
Vouch, an insurance provider re-thinking business insurance for the technology industry, announced it has acquired lending startup Level and its team of engineers.


Virtualitics named best Los Angeles startup to work for in 2023
Published: 12-01-2023 | 08:27:00 | By: Pie Kamau
Virtualitics, an artificial intelligence and data exploration company, announced it has been named one of the best Los Angeles startups to work for on Built In's 2023 Best Places to Work List.


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.


John Deere announces 2023 startup collaborators
Published: 11-01-2023 | 10:59:00 | By: Pie Kamau
Deere & Company has released the names of eight companies chosen for its 2023 Startup Collaborator program.


Techstars Impact Powered by Cox Enterprises announces 2023 class
Published: 11-01-2023 | 10:11:00 | By: Pie Kamau
Techstars Impact Powered by Cox Enterprises announced its 2023 class. The three-month program provides hands-on mentoring, funding, and global connections to 10 for-profit, mission-driven companies.


Philly-based insurtech startup Propeller Bonds raises $6.4m seed funding to accelerate growth
Published: 11-01-2023 | 10:00:00 | By: Pie Kamau
Philly-based insurtech Propeller, announced it has raised $6.4 million in seed funding led by a consortium of industry partners.


Nigerian agritech startup Releaf secures $3.3m pre-Series A funding, unveils new technologies to drive profitability for consumer goods manufacturers
Published: 09-01-2023 | 10:21:00 | By: Pie Kamau
Releaf, a Nigerian agritech startup, has raised $3.3 million in an oversubscribed pre-Series A funding round.


Plesion Capital invests $500,000 funding in Ugandan fintech platform Xeno
Published: 09-01-2023 | 10:03:00 | By: Pie Kamau
Plesion Capital announced its formation as a social impact venture capital firm focused on partnering with mission-based entrepreneurs and companies to combat poverty around the world.


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


Halodi Robotics leverages Ansys simulation to develop humanoid robots to safely work among people
Published: 09-01-2023 | 09:31:00 | By: Pie Kamau
Halodi Robotics is using Ansys simulation software through the Ansys Startup Program to develop its humanoid robots designed to work among humans in everyday environments.


Embedded connectivity startup Blues Wireless raises $32m to accelerate enterprise adoption of cellular IoT
Published: 09-01-2023 | 09:15:00 | By: Pie Kamau
Embedded connectivity startup Blues Wireless (Blues), announced a $32 million Series A1 funding round led by Positive Sum,  including new investors Four Rivers, Northgate, and Qualcomm.


Mendoza Ventures closes $100m early growth fintech fund anchored by Bank of America
Published: 09-01-2023 | 09:04:00 | By: Pie Kamau
Mendoza Ventures, a Latinx-founded Fintech, AI, and Cybersecurity Venture Capital firm, has achieved a first close on its third fund.


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.


Opsys Tech closes Series C financing round to accelerate production ramp of its automotive-grade true solid-state LiDAR sensors
Published: 05-01-2023 | 13:04:00 | By: Pie Kamau
Opsys Tech, the developer of patented True Solid-State Scanning LiDAR technology, announced the final closing of its Series C financing round.


Taiwanese startup Profet AI closes $5.6m Series A funding round to fuel regional expansion, product development
Published: 05-01-2023 | 12:41:00 | By: Pie Kamau
Profet AI, a Taiwan-based developer of auto machine learning solutions, has raised $5.6 million in a Series A funding round to accelerate its overseas expansion into Japan, Southeast Asia and China.


Wendel invests €15m in Tadaweb to accelerate growth in Europe
Published: 05-01-2023 | 12:18:00 | By: Pie Kamau
Wendel, through its investment arm Wendel Growth, announced it has entered into a definitive agreement to acquire a minority interest of Tadaweb. Wendel will make an equity investment of €15 million to support Tadaweb’s growth.


Aerospace startup Space Kidz India launches satellite with support from Lumina Datamatics
Published: 05-01-2023 | 11:55:00 | By: Pie Kamau
Lumina Datamatics has partnered with Space Kidz India to launch a satellite into outer space. Launched in 2012, Space Kidz India is an aerospace startup designing, developing, and manufacturing small satellites to provide economical and sustainable access.


For women entrepreneurs, the West is the new promised land, report
Published: 04-01-2023 | 16:40:00 | By: Pie Kamau
America's original Westward Expansion was led by entrepreneurs of the day noticing great economic opportunities out of the West. A study by MerchantMaverick.com shows that a new slew of opportunities are appearing in Western states for women entrepreneurs.


New York-based skincare startup Glowbar closes $10m growth capital
Published: 04-01-2023 | 15:31:00 | By: Pie Kamau
Glowbar, the skincare brand whose custom 30-min, $65, clinical-grade facial has made it a breakout success in New York, announced it has received a $10 million growth investment led by Peterson Partners


The Carbon Blockchain expands footprint in Africa with acquisition of Minerva Green
Published: 04-01-2023 | 15:13:00 | By: Pie Kamau
The Carbon Blockchain (TCB), a carbon finance and technology services company that produces high-integrity carbon credits has announced the acquisition of Minerva Green.


Regent Bank names Peter Mullen as Director of Venture and Tech Banking
Published: 04-01-2023 | 14:57:00 | By: Pie Kamau
Regent Bank has named Peter Mullen Director of Venture and Tech Banking, as the migration of talent from traditional innovation hubs like the Bay Area and NYC continues to Midwestern cities.


Indian startup Agaamin launches Web3 in Mauritius
Published: 04-01-2023 | 14:36:00 | By: Pie Kamau
The internet (Web 2.0) as we know is about to be disrupted by the “New Internet”, Web3.0 - also known as the dWeb (Decentralized Web). One of the fundamental building blocks of the internet is its “namespace”.


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.