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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 4022987 | 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.


World Bank awards 10 Southern African fintech startups with $5k each
Published: 14-07-2023 | 15:49:00 | By: Pie Kamau
10 Southern African fintech startups have each received $5,000 from the World Bank.


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).


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.


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.


Web3 digital identity startup Unstoppable Domains raises $65m Series A funding at $1b valuation
Published: 28-07-2022 | 11:48:00 | By: Pie Kamau
Unstoppable Domains, the platform for Web3 digital identity with more than 2.5 million registered NFT domains, announced it has closed $65 million in Series A funding at a $1 billion valuation.


London-based startup Geomiq raises $8.5m to digitize manufacturing and deliver industry leading service levels
Published: 28-07-2022 | 11:32:00 | By: Pie Kamau
London-based startup Geomiq announced it has raised $8.5 million funding to digitize global manufacturing and deliver industry leading service levels for Engineers and Procurement teams.


Web3 startup Book Token launches eBooks on Chain, sells $100K worth of eBooks
Published: 28-07-2022 | 11:06:00 | By: Pie Kamau
Dallas-based startup, Book Token (Booktoken.io), has brought books to the blockchain with the launch of its first eBook, the Gutenberg Bible - in recognition of the printing press technology created by Johannes Gutenberg.


Olympus Innovation Ventures backs endoscopy video and AI startup Virgo
Published: 28-07-2022 | 10:50:00 | By: Pie Kamau
Olympus announced that the company's venture capital fund, Olympus Innovation Ventures, completed its first investment, participating in the Series A financing of Virgo Surgical Video Solutions (Virgo) of Carlsbad, California.


Globant's Be Kind Tech Fund invests in ping voice technology platform to help get drivers home safely
Published: 28-07-2022 | 10:31:00 | By: Pie Kamau
Globant, a digitally native company focused on reinventing businesses through innovative technology solutions, announced that its Be Kind Tech Fund has invested in ping, a U.S.-based voice platform company.


Cryptocurrency startup Coinfeeds raises $2m seed round, launches Web3 community monitoring app
Published: 28-07-2022 | 10:20:00 | By: Pie Kamau
Coinfeeds announced that it has raised a $2 million seed round led by FTX Ventures, Coinbase Ventures, Protocol Labs (IPFS / Filecoin), Huobi Ventures, and startup accelerator Y Combinator.


Immigrants have started more than half of America's billion-dollar startup companies, study
Published: 27-07-2022 | 16:37:00 | By: Pie Kamau
Immigrants have started more than half (319 of 582, or 55%) of America's startup companies valued at $1 billion or more, according to a new study from the National Foundation for American Policy (NFAP), a nonpartisan research organization.


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).


Fintech startup CoinFlip raises $1m initiative to support emerging Web 3.0 startups
Published: 27-07-2022 | 15:57:00 | By: Pie Kamau
CoinFlip, a fintech company powered by cryptocurrency, announced the launch of CoinFlip Ventures, a new initiative that will support Web 3.0 based startup companies.


Fifth Wall raises $500m climate fund to decarbonize global real estate
Published: 27-07-2022 | 15:43:00 | By: Pie Kamau
Fifth Wall, a venture capital firm focused on technology for the global real estate industry, has held the final close of its inaugural Climate Fund with $500 million in capital commitments.


Madrid-based Seedtag raises over €250m to scale its Contextual AI technology
Published: 27-07-2022 | 15:31:00 | By: Pie Kamau
Seedtag, the leader in contextual advertising in EMEA and LATAM, announced it has raised over €250 million in funding from private equity investor Advent International.


UKI2S expands fund by £37m to accelerate British innovation
Published: 26-07-2022 | 11:49:00 | By: Pie Kamau
The UK Innovation and Science Seed Fund (UKI2S), announced the expansion of its patient capital fund by £37 million, to boost support of British innovation.


Data security startup Sotero closes $8m seed extension funding round to accelerate growth
Published: 26-07-2022 | 11:21:00 | By: Pie Kamau
Sotero, the leader in revolutionary data security, announced a $8 million extension of their seed round, bringing the round to a total of $13 million.


Fintech startup Bizao raises €8m Series A funding to accelerate its footprint across Africa
Published: 26-07-2022 | 10:51:00 | By: Pie Kamau
Bizao, a fintech that facilitates payments for both local and international businesses operating in Africa, announced a €8 million Series A funding to accelerate its geographical footprint across the continent and invest in the design of new lines of products and services.


Omaha-based startup Workshop raises $5m to streamline internal email and communications
Published: 26-07-2022 | 10:42:00 | By: Pie Kamau
Workshop, a delightful platform for distributing and measuring internal email and communications, has raised $5.2 million in additional seed funding. The round was led by McCarthy Capital out of their Emerging Growth strategy.


Nigerian fintech infrastructure startup Bloc acquires payments company Orchestrate
Published: 26-07-2022 | 10:24:55 | By: Pie Kamau
Bloc, the Nigerian fintech infrastructure provider, has announced the acquisition of Orchestrate (previously Getwallets), a proprietary payments orchestration startup that gives businesses instant access to multiple payment providers with one integration.


Singapore-based music startup SpiderVille raises $1m pre-seed funding to accelerate Web3 music adoption
Published: 26-07-2022 | 10:17:00 | By: Pie Kamau
SpiderVille, a Singapore-based Web3 music startup, announced it has raised a $1 million pre-seed round from Contents Technologies, Samsung Next, and other notable angel investors.


ComplyCube partners with Capital Pilot to back high-growth startups in the UK
Published: 25-07-2022 | 14:14:00 | By: Pie Kamau
ComplyCube, the global verification platform, has partnered with Capital Pilot, the Startup Rating Agency, to provide state-of-the-art KYC verification for Boost Fund I, the UK's first automated high-volume startup investment fund.


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


Boeing, AE Industrial Partners launch second venture fund to invest in innovative aerospace and defense startups
Published: 25-07-2022 | 13:19:00 | By: Pie Kamau
Boeing has committed a $50 million investment in AEI HorizonX, a partnership the company established with private equity firm AE Industrial Partners to invest in transformative aerospace technologies.


Agritech startup Lumo raises $2.1m to tackle the global water insecurity crisis
Published: 25-07-2022 | 13:03:00 | By: Pie Kamau
Lumo, a new agritech company focused on water sustainability, announced it has raised $2.1 million in pre-seed funding and plans to allocate funds toward commercialization of its irrigation technology.


Sudanese fintech startup Bloom nabs $6.5m backed by Y Combinator, GFC and Visa
Published: 25-07-2022 | 12:48:00 | By: Pie Kamau
Bloom, a Sudan-based fintech that offers a high-yield savings account and adjacent digital banking services, announced it has raised a $6.5 million seed round, after an undisclosed pre-seed round last year.


Surgical Intelligence startup Theator extends Series A funding with additional $24m for a total of $39.5m
Published: 25-07-2022 | 12:29:00 | By: Pie Kamau
Theator, the creator of Surgical Intelligence, announced it has raised $24 million in an extension of its Series A funding round.


Cyber security startup Anvilogic raises $25m Series B funding to modernize security operations
Published: 22-07-2022 | 10:56:00 | By: Pie Kamau
Anvilogic, a modern security operations platform that brings a cloud-based security data lake to life, announced the company's $25 million Series B funding.


TaskHuman startup raises $20m Series B funding to expand its virtual coaching platform
Published: 22-07-2022 | 10:46:00 | By: Pie Kamau
TaskHuman, the 1:1 digital coaching platform, has raised $20 million in Series B funding to amplify human well-being and productivity in a digital world.


InterApp startup raises $1.2m to bring mass adoption of AR as a necessary consumer utility tool
Published: 22-07-2022 | 10:28:00 | By: Pie Kamau
Sacramento, CA based startup InterApp announced it has raised $1.2 million in pre-seed funding, to double down on early marketing efforts and acquire 10% of the Total Addressable Market (TAM) within 12 months.


Irish digital identity startup valid8Me secures €12.5m investment to increase headcount, accelerate growth
Published: 22-07-2022 | 10:12:00 | By: Pie Kamau
valid8Me, the digital identity SAAS platform, announced that Grant Thornton Ireland are investing €12.5million in the company.


AfricInvest and Cathay Innovation complete final close of €110m Pan-African venture fund
Published: 22-07-2022 | 09:49:00 | By: Pie Kamau
Africa’s multi-asset investment platform AfricInvest and global venture capital firm Cathay Innovation, have completed the final close of their joint Pan-African venture fund, Cathay AfricInvest Innovation Fund (CAIF), at €110 million.


South Africa’s student housing startup DigsConnect secures investment to spearhead international growth
Published: 22-07-2022 | 09:39:00 | By: Pie Kamau
DigsConnect.com, South Africa’s digital student accommodation platform, announced the closure of its Pre-Series A seed extension round after securing undisclosed multi-million rand investment.


Yamaha partners with Nigerian startup MAX for vehicle financing and maintenance
Published: 22-07-2022 | 09:34:00 | By: Pie Kamau
Moto Business Service Nigeria (MBSN), a subsidiary of Japan’s Yamaha Motor Corporation, announced a strategic partnership with Metro Africa Xpress (MAX), to finance and maintain over 50,000 vehicles over the next 2 years.


African accelerator for European scaleups Chapter54 now in full swing
Published: 20-07-2022 | 10:49:00 | By: Pie Kamau
Chapter54, the first accelerator dedicated to European scaleups wishing to expand into African markets, launched in January 2022 by Partech, has started to support its first batch of European scaleups.


Pan-African talent marketplace Gebeya announces new innovation to accelerate hiring freelance professionals
Published: 20-07-2022 | 10:45:00 | By: Pie Kamau
Gebeya, the Pan-African marketplace for freelance professional talent, announced a new innovation to accelerate a more stable, dynamic African tech talent infrastructure.


French insurtech startup Orus raises €5m to reinvent professional insurance for SMEs
Published: 20-07-2022 | 10:29:00 | By: Pie Kamau
Orus, the insurtech company for small businesses, announced it has raised €5 million from Frst, Partech, Portage Ventures and around twenty business angels.


HiddenLayer startup emerges from stealth mode, raises $6m seed funding to protect AI-powered products
Published: 20-07-2022 | 10:06:00 | By: Pie Kamau
HiddenLayer startup announced it has emerged from stealth mode to launch its flagship product, after raising $6 million in seed funding led by Ten Eleven Ventures.


D3 launches first cohort of startups to accelerate scaling of carbon dioxide removal solutions
Published: 20-07-2022 | 09:41:00 | By: Pie Kamau
Global climate technology accelerator Third Derivative (D3), has launched a focused cohort of five promising startups working on durable carbon dioxide removal (CDR) solutions.


Social impact fintech DreamStart Labs partners with BRAC Bank to reach unbanked women in Bangladesh
Published: 20-07-2022 | 09:25:00 | By: Pie Kamau
DreamStart Labs, a fintech for emerging markets, and BRAC Bank, a commercial bank in Bangladesh, have entered into an agreement to provide digital financial services to unbanked women in Bangladesh.


Novelis partners with recycling startup Sortera Alloys to recycle automotive post-production and consumer scrap
Published: 19-07-2022 | 15:39:00 | By: Pie Kamau
Novelis, a sustainable aluminum solutions provider and the world leader in aluminum rolling and recycling, announced a strategic partnership with Sortera Alloys, an industrial scrap metal sorting and recycling company.


Virginia-based fashion tech startup Circ raises $30m funding to expand recycle clothing, eliminate waste
Published: 19-07-2022 | 14:39:00 | By: Pie Kamau
The circular fashion company Circ announced over $30 million in Series B funding backed by some of the largest international apparel companies and venture capital firms.


Japanese open-source autonomous driving startup TIER IV launches $300m green autonomous driving project
Published: 19-07-2022 | 13:51:00 | By: Pie Kamau
TIER IV, an open-source autonomous driving startup, announced it has received a grant from the Green Innovation Fund Projects (GI Fund) for research and development of autonomous driving software platforms.


Oslo-based DevOps startup Kosli set to launch free tier for developers
Published: 19-07-2022 | 13:41:00 | By: Pie Kamau
Oslo-based software startup Kosli announced it will launch a free tier of its SaaS later this summer. Founded in 2019 as a compliance automation platform for regulated DevOps teams in sectors like fintech, Kosli will now offer a much broader set of use cases for developers in all industries.


Carbon Business Council launches to create a seat at the policy table for carbon management startups
Published: 19-07-2022 | 13:29:59 | By: Pie Kamau
The Carbon Business Council (CO2BC) has launched, to advocate for early-stage companies focused on removing, utilizing, and managing carbon dioxide.


DivInc Houston launches inaugural Women in Tech Accelerator with title sponsor SheSpace
Published: 18-07-2022 | 12:32:00 | By: Pie Kamau
DivInc, the premier startup accelerator for people of color and women entrepreneurs, announced the launch of its first Women in Tech Accelerator made possible through Houston title sponsor, SheSpace.


917Ventures partners with AC Ventures to explore business opportunities, grow ecosystem in Philippines
Published: 18-07-2022 | 12:03:00 | By: Pie Kamau
917Ventures has partnered with AC Ventures, a subsidiary of Filipino conglomerate Ayala, to explore business opportunities and grow its ecosystem.


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.


Insight Partners announces Enterprise Technology Exchange to drive unparalleled innovation within the enterprise software sector
Published: 18-07-2022 | 11:34:00 | By: Pie Kamau
Global software investor Insight Partners announced the establishment of its Enterprise Technology Exchange, a council of preeminent technology leaders in Europe and North America.


Stori becomes Mexico's newest Unicorn after raising $150m round of financing, valuing the startup at $1.2b
Published: 18-07-2022 | 11:10:00 | By: Pie Kamau
Stori, a fintech company offering credit card products to Mexico's underserved population, announced a $150 million round of financing, valuing the company at $1.2 billion, achieving a "Unicorn" status.


Why you should implement cryptocurrency payments into your e-Commerce website, Remuno
Published: 18-07-2022 | 10:53:00 | By: Pie Kamau
Crypto is one of the biggest aspects of modern finance and technology. For businesses, this revenue stream could provide major boosts to sales numbers, with crypto payments giving customers more freedom while also bringing benefits.


The African Business Roundtable Project Preparation Masterclass Free Webinar, July 27
Published: 15-07-2022 | 13:44:00 | By: Pie Kamau
After discussions with a variety of advisory and investment institutions, and to further attract investment to projects, the African Business Roundtable Secretariat in association with Afreximbank has designed the “Project Preparation Masterclass”.


Lithuanian startup Elinta Charge raises €7m to accelerate EV charging solutions
Published: 15-07-2022 | 13:34:00 | By: Pie Kamau
AVIA Capital and LitCapital have invested €7 million in Elinta Charge, a Lithuanian developer and manufacturer of electric vehicle (EV) charging solutions, to support R&D, development of new products and further international expansion in the fast-growing e-mobility market.


London-based soccer game startup CLUB closes $3.1m seed round for the first F2P and Play-and-Earn soccer ownership game
Published: 15-07-2022 | 13:11:00 | By: Pie Kamau
CLUB, the independent studio behind CLUB Game, the first free-to-play (F2P), play-and-earn soccer game that allows you to create and sell your own real-player soccer club, has secured its first major round of funding.


Flagstar Bank completes third MortgageTech Accelerator program
Published: 15-07-2022 | 12:44:00 | By: Pie Kamau
Flagstar Bank announced it has wrapped up its third MortgageTech Accelerator program - the first and only accelerator in the United States solely dedicated to mortgage technology.


YC-backed startup Bobidi raises $5.8m to build global bug bounty platform for AI models
Published: 15-07-2022 | 12:26:00 | By: Pie Kamau
Bobidi, an AI model test platform, announced it has raised $5.8 million in seed funding from Y Combinator, We Ventures, Hyundai Motors Group ZER01NE, Scrum Ventures, NPE, Meta, Lotte Ventures, Atlas Pac Capital, and angel investors.


Michigan-based edtech startup Alchemie earns $1m grant for accessible learning for STEM
Published: 15-07-2022 | 12:15:00 | By: Pie Kamau
Alchemie, an educational technology company based in Troy, Michigan, announced it has received a prestigious one-million-dollar Small Business Innovative Research (SBIR) grant from the Department of Education's Institute of Education Sciences.


Mixed bag for U.S. startup ecosystem as market outlook remains uncertain - PitchBook, NVCA report
Published: 15-07-2022 | 12:02:00 | By: Pie Kamau
Despite an uncertain macroeconomic environment, US venture capital (VC) deal activity in the first half of 2022 was strong, according to the Q2 2022 PitchBook-NVCA Venture Monitor.


Israeli tech startup AI21 Labs raises $64m to change the way people read and write using artificial intelligence
Published: 13-07-2022 | 16:42:00 | By: Pie Kamau
AI21 Labs, an Israeli startup aiming to fundamentally change the way people read and write, announced the completion of its $64 million series B funding round, bringing the company's valuation to $664 million.


Microlearning startup Arist raises $12m to reimagine workplace learning for a new generation
Published: 13-07-2022 | 16:28:00 | By: Pie Kamau
Arist announced that it has raised $12 million in a Series A funding round led by pioneering growth-stage business software investor PeakSpan Capital, accompanied by Rainfall Ventures.


Austin-based startup Sumatra raises $1.5m seed round to launch real-time data platform
Published: 13-07-2022 | 16:18:00 | By: Pie Kamau
Sumatra, an Austin-based real-time data platform company, announced that it has secured $1.5 million in seed financing led by S3 Ventures with participation from Sentiero Ventures, Data Power Ventures, and AI Sprouts.


Ukrainian and Dutch-based startup Cloudprinter.com raises €7m seed funding to grow its global print API platform
Published: 13-07-2022 | 16:05:00 | By: Pie Kamau
Cloudprinter.com, the Ukrainian and Dutch-based global print API platform raised €7 missed in a seed round led by Capital Mills.


Online energy marketplace VECKTA closes $3.3m seed round to accelerate growth
Published: 12-07-2022 | 16:25:00 | By: Pie Kamau
VECKTA, the online energy marketplace that connects commercial and industrial energy users with capital, services, and equipment suppliers, announced it has closed a $3.3 million institutional seed round.


Magic Eden launches Magic Ventures to focus on Web3 gaming investments
Published: 12-07-2022 | 16:11:11 | By: Pie Kamau
Magic Eden, the destination for NFTs, announced the launch of Magic Ventures, a venture arm that will focus on investing in Web3 games.


Healthtech startup Arise raises over $4m to build inclusive eating disorder treatment and mental health support
Published: 12-07-2022 | 15:58:00 | By: Pie Kamau
Arise, the digital healthcare company enabling comprehensive care for eating disorders, mental health, and long-term healing, has launched after raising over $4 million in a seed funding round.


Carbon to Value Initiative announces year two startup cohort for carbontech accelerator program
Published: 12-07-2022 | 15:40:00 | By: Pie Kamau
The Carbon to Value Initiative (C2V Initiative), has selected eight startups for the second year of its carbontech accelerator program in partnership with Fluor Corporation, the initiative's Year Two Cohort Champion.


Canadian biotech startup Spiderwort secures $13.2m financing to accelerate clinical trials of biomaterials
Published: 12-07-2022 | 15:19:00 | By: Pie Kamau
Spiderwort, the biotech company innovating in cellulose-based tissue scaffolding to treat acute spinal cord injuries, announced the successful completion of its $13.2 million Series A financing.


Cleantech startup Greener Process Systems develops modular system to capture maritime and industrial emissions
Published: 12-07-2022 | 15:05:00 | By: Pie Kamau
Greener Process Systems filed a series of patents that demonstrate their focus will expand to general industrial applications as well as further developments in CO2 capture, storage and re-utilization.


[Column] Patrick Ndegwa: Is 2022 the year for African startups?
Published: 11-07-2022 | 15:13:24 | By: Pie Kamau
Africa is the place to be if you want to discover and support new ideas. According to a Substack newsletter titled Africa: The Big Deal, the continent was the recipient of startup deals worth a combined $4.27 billion


Qiming Venture Partners closes $3.2b funds to back early and growth stage tech startups in China
Published: 11-07-2022 | 10:30:00 | By: Pie Kamau
China based venture capital firm Qiming Venture Partners announced the closing of $3.2 billion, including USD Fund VIII at $2.5 billion and the first closing of RMB Fund VII at $700 million.


Nigerian fintech startup CARMACHAIN hits over 80 million consumer profiles
Published: 11-07-2022 | 10:17:00 | By: Pie Kamau
Nigerian fintech startup CARMACHAIN announced it has hit over 80 million consumer profiles. This milestone is a major move for CARMACHAIN as it takes another step forward in realising its mission of decentralising data.


Quantitative investment firm Hidden Road raises $50m to accelerate access to traditional and digital markets
Published: 11-07-2022 | 10:08:00 | By: Pie Kamau
Hidden Road, the global credit network for institutional investors, announced the closing of $50 million Series A funding, led by Castle Island Ventures,


Automotive B2B marketplace APFusion raises $6.5m in series seed financing to expand its platform
Published: 11-07-2022 | 09:57:00 | By: Pie Kamau
APFusion, the automotive B2B marketplace and SaaS company focused on modernizing the auto salvage industry, secured $6.5 million in series seed financing bringing the company's total financing to $7 million.


Blockchain security startup BlockSec closes $8m funding round to accelerate growth
Published: 11-07-2022 | 09:39:00 | By: Pie Kamau
Blockchain security startup BlockSec announced the completion of $8 million seed plus round of funding, to expand its research and production team and provide the on-chain monitoring and attack interception capability.


Kenyan healthtech startup AfyaRekod launches Universal Patient Portal for worldwide health data mobility management
Published: 11-07-2022 | 09:21:00 | By: Pie Kamau
Kenyan-based AfyaRekod launched the fully automated Universal Patient Portal – a block-chain driven technology that will transform the face of patient care across Africa and the World.


London-based fintech startup Griffin raises $15m to become the bank fintechs can build on
Published: 08-07-2022 | 13:14:00 | By: Pie Kamau
Griffin, a Banking as a Service (BaaS) fintech firm, announced it has raised $15.5 million funding to launch the OS for embedded finance.


Sabre joins Plug and Play as travel and hospitality partner
Published: 08-07-2022 | 12:27:00 | By: Pie Kamau
Sabre Corporation, a software and technology company powering the global travel industry, announced its partnership with Plug and Play's Travel and Hospitality program headquartered in the heart of Silicon Valley.


Medical Solutions acquires healthcare staffing tech startup Matchwell
Published: 08-07-2022 | 12:12:00 | By: Pie Kamau
Matchwell, the healthcare staffing solution built for today's flexible workforce, announced it has been acquired by Medical Solutions, one of the nation's largest providers of total workforce solutions serving the healthcare industry.


Israeli biotech food colorant startup Phytolon closes $14.5m funding to accelerate growth
Published: 08-07-2022 | 11:36:00 | By: Pie Kamau
Phytolon, the developer of fermentation-based natural food colors, announced it has secured $14.5 million Series A funding, led by DSM Venturing, to further progress its technology towards commercialization.


Stellar Ventures closes $23m fund for next-gen of space entrepreneurs
Published: 08-07-2022 | 11:15:00 | By: Pie Kamau
Stellar Ventures launched its first fund, SV Andromeda Fund LP, which recently held its final closing with over $23 million in capital commitments and the mission to invest in the future of space technology.


ING Ventures invests in OpenFin to accelerate growth across the financial industry
Published: 06-07-2022 | 13:54:23 | By: Pie Kamau
OpenFin, the operating system (OS) of enterprise productivity, announced it has secured a strategic investment from ING Ventures, the venture capital arm of ING.


Simplifyber secures $3.5m seed investment to reinvent how clothing is made with sustainable, advanced Manufacturing
Published: 06-07-2022 | 13:40:00 | By: Pie Kamau
Simplifyber, the creator of the world's first fully-molded garment and shoe uppers made directly from a cellulose-based liquid, announced the closing of a $3.5 million round of seed funding.


Verification platform ComplyCube expands startup assistance program to $50,000
Published: 06-07-2022 | 13:26:00 | By: Pie Kamau
Verification platform ComplyCube, has increased startup assistance to $50,000. The Startup Program supports qualifying businesses with free checks, resources, and consultancy.


Crescent fintech raises $5m pre-seed round, launches platform to help companies improve cash management
Published: 06-07-2022 | 13:09:00 | By: Pie Kamau
Crescent, a fintech best known for crypto-backed high yields, announced it has raised $5 million pre-seed round from strategic angels and tech founders.


Israeli fintech and capital markets startup Deshe Analytics raises $6.5m funding to expand to international markets
Published: 06-07-2022 | 12:08:00 | By: Pie Kamau
Israeli fintech and capital markets startup Deshe Analytics announced a $6.5 million seed funding round led by Group 11.


African fintech Flutterwave appoints Gurbhej Dhillon as new CTO
Published: 06-07-2022 | 11:51:00 | By: Pie Kamau
Flutterwave, Africa’s payments technology company, announced the appointment of former Goldman Sachs’ Managing Director, Gurbhej Dhillon as Chief Technology Officer (CTO).


Nigerian fintech startup Mono launches in Kenya
Published: 06-07-2022 | 11:43:00 | By: Pie Kamau
Mono, a Nigerian fintech startup that builds open banking infrastructure to enable access to customer financial data and bank payments for digital businesses in Africa, announced it has expanded its services to Kenya.


Climentum Capital raises €150m to invest in European early-stage tech startups attacking CO2 emissions
Published: 05-07-2022 | 15:34:00 | By: Pie Kamau
Climentum Capital announced it has raised €150 million for investments into European early-stage tech companies attacking CO2 emissions.


Nemetschek invests in UK-based startup SymTerra to drive digitalization in the construction industry
Published: 05-07-2022 | 15:04:00 | By: Pie Kamau
The Nemetschek Group, one of the software providers for the AEC/O and media & entertainment industries, announced to have invested in the UK-based startup SymTerra, a construction site communications platform.


Neomoon digital bank raises $850k in first seed capital investment round
Published: 05-07-2022 | 14:39:00 | By: Pie Kamau
Neomoon, the digital bank based on stablecoin which offers Latin Americans financial solutions to protect their money from devaluation and facilitate daily transactions, announced the closing of $850k first seed capital investment round.


London-based startup growth agency Tailored Brands rebrands to Ventuure to scale Series A and B startups
Published: 05-07-2022 | 14:30:00 | By: Pie Kamau
Startup growth agency Tailored Brands announced it is rebranding to become Ventuure, to evolve its mission to support Series A and B startups.


Dutch-based startup Backbase raises €120m in growth equity funding
Published: 05-07-2022 | 14:04:00 | By: Pie Kamau
Backbase, creator of the category-leading Engagement Banking platform, raised €120 million in growth equity funding from Motive Partners.


French space-tech startup Leanspace raises €6m to digitalize the space industry via the cloud
Published: 04-07-2022 | 16:26:00 | By: Pie Kamau
Leanspace, the company building the digital infrastructure of the space industry, announced the closing of an oversubscribed seed financing round of €6 million.


London-based invoice intelligence platform Xelix completes $5m Series A funding to accelerate growth
Published: 04-07-2022 | 15:57:00 | By: Pie Kamau
Invoice intelligence platform Xelix announced it has successfully completed the Series A funding round, raising $5 million.


Peterson Ventures raises $140m across Fund IV and Opportunity Fund I to double down on its core strategy
Published: 04-07-2022 | 15:01:00 | By: Pie Kamau
Peterson Ventures, a pre-Series A venture firm that invests across SaaS and digital commerce, announced that it has raised over $140 million in new capital for its Fund IV and Opportunity Fund I.


Bodybuilding.com partners with Retail Ecommerce Ventures to accelerate growth
Published: 04-07-2022 | 14:45:00 | By: Pie Kamau
Bodybuilding.com, the online fitness store, has struck a deal to partner with Retail Ecommerce Ventures (REV), a global leader in e-Commerce with a rapidly growing roster of well-known brands, to accelerate growth.


Entertainment tech startup Virtuosica launches for select artists and U.S. audiences
Published: 04-07-2022 | 13:31:00 | By: Pie Kamau
Entertainment tech startup Virtuosica has launched the beta version of its first product, the Virtuosica virtual concert platform.


Telehealth startup Ria Health secures $18m Series A to scale online alcohol use disorder treatment
Published: 01-07-2022 | 15:20:00 | By: Pie Kamau
Ria Health, a telehealth provider specializing in alcohol use disorder (AUD) treatment, announced the closing of $18 million in Series A funding


Telegraph Hill Partners raises $525m fifth fund for new life science and healthcare investments
Published: 01-07-2022 | 14:55:00 | By: Pie Kamau
Telegraph Hill Partners (THP), a venture capital and growth equity firm dedicated to building life science and healthcare technology businesses, announced it has closed on THP V, a new $525 million investment fund.


BII invests $20m in African mobility fintech Moove to strengthen the informal transport industry
Published: 01-07-2022 | 14:30:00 | By: Pie Kamau
The British International Investment (BII), the UK government’s Development Finance Institution (DFI), announced a $20 million, 4-year structured credit investment in Moove, a mobility fintech democratising access to vehicle ownership in Africa.


Lummus announces successful startup of CATOFIN PDH unit in China
Published: 01-07-2022 | 14:21:00 | By: Pie Kamau
Lummus Technology announced the commissioning and startup of a propane dehydrogenation (PDH) unit at Shandong Ruize Chemical Technology's complex in China.


Zing Data raises $2.4m to bring business intelligence to mobile
Published: 01-07-2022 | 14:03:00 | By: Pie Kamau
Zing Data, a collaborative business intelligence and visualization startup, announced it has raised $2.4 million, led by Kindred Ventures, Correlation Ventures and early backers of Amplitude and Robinhood.


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.