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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3975153 | Tags:













































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


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


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


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


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


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


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


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


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


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


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


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


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


[Column] Theo van Zyl: Connectivity on the go, why not all mobile internet services are the same
Published: 14-07-2023 | 15:26:00 | By: Pie Kamau
More consumers are taking a closer look at their connectivity requirements.


[Column] Rami Osman: 5G as a catalyst for economic opportunities, innovation in Sub-Saharan Africa
Published: 10-07-2023 | 12:03:00 | By: Pie Kamau
Sub-Saharan Africa is at the forefront of innovations.


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


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


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


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


Africa among top 3 regions prone to mobile financial scam, report
Published: 12-06-2023 | 14:58:00 | By: Pie Kamau
Throughout 2022 and the first quarter of 2023, 14% of installs of potentially unwanted mobile financial apps on Android phones were made.


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


6 smart ways finance leaders are cutting business costs in 2023, Sastrify
Published: 29-05-2023 | 14:39:00 | By: Pie Kamau
It has long been a common practice for companies to make reactive cost cuts.


Alpine Space Ventures secures €60m to support the growing commercial NewSpace ecosystem
Published: 26-05-2023 | 11:06:00 | By: Pie Kamau
The EIF is committing €60m in equity to Alpine Space Ventures.


The 7 most sustainable cities creating the future of work after COVID-19, Plug and Play
Published: 16-05-2023 | 12:59:00 | By: Pie Kamau
The World Health Organization recently announced that COVID-19 is no longer a global emergency. However, the impact of the pandemic has left a lasting mark on all industries.


German startup Wingcopter secures €40 to scale up electric delivery drones and logistics services
Published: 11-05-2023 | 15:13:00 | By: Pie Kamau
The European Investment Bank (EIB) will provide a €40 million quasi-equity investment into Wingcopter, a European pioneer in unmanned delivery drone technology and related services.


[Column] Gur Geva: Biometric attacks on the rise: the trends financial institutions need to be aware of in 2023
Published: 04-04-2023 | 14:14:00 | By: Pie Kamau
In the past year there has been a 149% increase in threat actors using emulators to attack mobile platforms. There has also been a 295% increase in novel face swaps.


Nigerian fintech startup Moni unveils new community-powered digital loans for African SMEs
Published: 04-04-2023 | 13:49:00 | By: Pie Kamau
Nigerian fintech startup Moni has launched a new range of business loans targeting SMEs in Africa.


Meet the 10 tech startups in the inaugural Geekz Ventures pre-accelerator
Published: 28-03-2023 | 10:30:00 | By: Pie Kamau
US-based pre-accelerator Geekz Ventures has announced its class of 10 startups for its inaugural cohort program.


Insurtech startup Turaco and Airtel Money launch low-cost hospital cash insurance product in Uganda
Published: 23-03-2023 | 12:06:00 | By: Pie Kamau
Kenyan and Ugandan insurtech startup Turaco, has partnered with Airtel Mobile and Prudential Assurance to launch a low-cost hospital cash insurance product with Funeral Benefit. 


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


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


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


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


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


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


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


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


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.


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.


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


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


Fintech enabler Ukheshe secures Series A funding to accelerate international expansion
Published: 22-12-2022 | 10:10:00 | By: Pie Kamau
Ukheshe International, the UK-headquartered division of digital-first, Banking as a Service (BaaS) enabler Ukheshe, announced the conclusion of an investment agreement that will help accelerate its international expansion.


Kenyan fintech startup Hisa unveils realtime stocks trading
Published: 30-11-2022 | 11:55:00 | By: Pie Kamau
Fintech startup Hisa has launched an application that allows Kenyans to invest in the stock market directly from their phones using mobile money.


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


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


Mobile game startup Luckmon raises $1.3m pre-seed round to bring popular casual games reward platform
Published: 15-11-2022 | 10:50:00 | By: Pie Kamau
Luckmon, a casual mobile game development startup based in Irvine, California, has officially announced its early-round pre-seed fundraising has closed on a whopping $1.3 million.


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


Kenya, Nigeria and South Africa lead fintech growth in Africa, Mastercard
Published: 04-11-2022 | 10:16:00 | By: Pie Kamau
A report by payment services company Mastercard has revealed that South Africa, Nigeria and Kenya are among the most vibrant fintech markets in the continent.


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


Caplight secures $3m investment from Deutsche Börse to expand derivatives trading and hedging on private company shares
Published: 28-10-2022 | 14:43:00 | By: Pie Kamau
Caplight Technologies announced it has secured a strategic investment from one of the leading global market infrastructure providers, Deutsche Börse Group, as well as other existing investors.


German biotech startup Mogling Bio completes first seed investment round from Kizoo
Published: 26-10-2022 | 11:28:00 | By: Pie Kamau
Mogling Bio, a German biotech startup, announced it has successfully completed its first seed investment round from sole investor venture capital firm Kizoo Technology Capital.


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


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


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


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


West african fintech startup Julaya raises $5m extension round to expand its operations
Published: 26-09-2022 | 13:09:00 | By: Pie Kamau
Julaya, a fintech stratup based in Côte d’Ivoire, Senegal and France, announced it has raised $5 million extension round led by European venture capital fund Speedinvest to expand its operations in West Africa.


Waya digital banking startup for African immigrants goes official
Published: 09-09-2022 | 11:23:00 | By: Pie Kamau
Waya, a Kenyan and US-based fintech startup has announced the official launch of its full-service digital bank and money transfer app targeting the African Diaspora. 


SheMatters raises $1.5m seed funding to address medical neglect and Black maternal morbidity in the U.S.
Published: 31-08-2022 | 11:09:00 | By: Pie Kamau
SheMatters, an online platform and mobile app designed to support Black women/WOC who experience postpartum comorbidities, announced the close of over $1.5 million in seed funding.


Mobile gaming platform startup INK Games secures $18.75m Series B financing
Published: 26-08-2022 | 13:38:00 | By: Pie Kamau
INK Games (INK), an Austin-based startup building a social gaming and commerce platform, announced it has secured $18.75 million of funding through its Series B equity round.


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


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


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


South African gaming startup Skrmiish secures $2.5m seed round to speed growth
Published: 17-08-2022 | 13:25:00 | By: Pie Kamau
Cape Town-based Skrmiish, a mobile “play-to-earn” app that enables gamers of every level to earn cash in every match they play across the AAA+ games they love, has raised a $2.5 million seed round to speed its global growth.


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


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


Kenyan mobile commerce startup Copia unveils manufacturing unit for sugar and rice production
Published: 08-08-2022 | 09:48:39 | By: Pie Kamau
Copia Global, a Kenyan-based mobile commerce platform has unveiled a new manufacturing unit to enhance its output of affordable sugar and rice to the Kenyan market.


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 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.


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.


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.


Celo announces new Web3 fund for African startups adopting crypto strategies
Published: 13-07-2022 | 14:35:44 | By: Pie Kamau
Mobile-first blockchain ecosystem Celo has launched a new programme to support African startups across payments, remittances, virtual assets, savings, and related financial services.


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.


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.


Indian no-code mobile startup Plobal raises $8.5m to expand presence in North America
Published: 20-06-2022 | 11:26:00 | By: Pie Kamau
Plobal Apps, a no-code mobile app platform for e-commerce stores, raised $8.5 million, led by Elevation Capital and Bessemer Venture Partners.


MFS Africa raises $100m funding to accelerate its expansion plans across Africa and Asia
Published: 17-06-2022 | 14:04:00 | By: Pie Kamau
MFS Africa, Africa’s digital payments network, announced it has secured an additional $100 million in equity and debt funding led by Admaius Capital Partners, taking the total amount raised in the series to $200 million.


South Africa's Private equity fund PAPE acquires interest in fintech provider Entersekt
Published: 17-06-2022 | 13:58:34 | By: Pie Kamau
Entersekt, a global player in device identity and payment authentication, announced a new investment from PAPE Fund 3 (PAPE), a mid-market South African private equity fund.


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


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


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


TDK Ventures invests in XCOM Labs' vision for a high-speed wireless future
Published: 25-05-2022 | 14:36:00 | By: Pie Kamau
TDK Corporation announced that subsidiary TDK Ventures, has invested in wireless communications disruptor XCOM Labs to expedite the development of their 5G and wireless communications solutions.


A5G Networks startup announces funding from Bharat Innovation Fund to accelerate growth
Published: 24-05-2022 | 16:07:00 | By: Pie Kamau
A5G Networks, a player in Distributed and Autonomous 5G Core Network Software for private and public networks, announced an investment by Bharat Innovation Fund, a deeptech focused venture capital fund in India.


realme addresses internet coverage gap with affordable smartphones
Published: 12-05-2022 | 11:00:00 | By: Bob Koigi
Phone manufacturer realme has captured the Kenyan market by making smartphones affordable hence closing a widening internet coverage gap, despite huge investments in high-speed internet across Africa.


Fintech startup BridgerPay raises $6m seed round for self-onboarding payment operations platform
Published: 11-05-2022 | 13:45:00 | By: Pie Kamau
BridgerPay, a Limassol, Cyprus-based payment operations platform provider, raised $6 million in seed (equity and secondary) funding, to build the world's first self-onboarding payment operations platform.


South African fintech firm Hello Pay launches new mPOS device for SMEs
Published: 06-05-2022 | 08:48:00 | By: Pie Kamau
South African fintech firm Hello Pay has launched a new high-end Android Mobile point-of-sale solutions (mPOS) for local merchants and SMEs.


Kenyan healthtech startup Zuri launches Whatsapp chatbot to democratize access to healthcare
Published: 06-05-2022 | 08:36:00 | By: Pie Kamau
Kenyan healthtech startup Zuri Health has launched a WhatsApp chatbot for its users across the country.


Lithuanian fintech startup kevin. secures $65m to disrupt payments sector, unlock open banking
Published: 04-05-2022 | 13:39:00 | By: Pie Kamau
kevin., the Lithuanian fintech startup providing an advanced A2A (account-to-account) payment infrastructure to replace costly card transactions, announced it has secured $65 million in Series A funding.


Huobi Incubator partners with Celo to promote Stablecoins for the masses
Published: 25-04-2022 | 12:50:00 | By: Pie Kamau
Huobi Incubator, the project incubation arm of Huobi Global, announced it will co-host Celo x Huobi: Stablecoin in Web3 & Sustainability hackathon with Celo.


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


UK-based fintech startup Paysend opens Americas headquarters in Miami
Published: 20-04-2022 | 13:19:49 | By: Pie Kamau
Paysend, the UK-based fintech with over 6.5 million customers, announced the opening of its Americas headquarters in Miami.


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


Community-first mobile app Hive Wealth secures $600k deed round Investment from Black Tech Nation Ventures
Published: 06-04-2022 | 13:03:00 | By: Pie Kamau
Hive Wealth, a community-first mobile app that helps people grow their wealth and leave a legacy for future generations, announced it received $600K in funding from Black Tech Nation Ventures.


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


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


Salary on-demand startup Cadana partners with Flutterwave to expand into Nigeria
Published: 10-03-2022 | 15:17:00 | By: Pie Kamau
Cadana, the salary on-demand startup has expanded operations into Nigeria following a strategic partnership with Flutterwave, Africa’s leading payments technology company.


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


Netflix acquires Finnish mobile game developer Next Games for €65m
Published: 02-03-2022 | 14:06:00 | By: Pie Kamau
Netflix announced it has entered into a combination agreement to acquire Finnish mobile game developer, Next Games. Under the terms of the agreement, Netflix will commence a tender offer process to acquire all of the issued and outstanding shares of Next Games.


Swappie raises $124 million Series C round to transform smartphone consumption
Published: 01-03-2022 | 14:31:28 | By: Bob Koigi
Swappie, the end-to-end online destination for buying and selling refurbished smartphones, has announced a $124M (€108M) Series C funding round.


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


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


Fintech platform M-KOPA secures $75m growth equity round to scale its African footprint
Published: 01-03-2022 | 12:03:00 | By: Pie Kamau
M-KOPA, the fintech platform that provides connected financing and digital financial services to underbanked consumers across four markets in Africa, announced its $75 million growth equity round, bringing its total equity funding to $190 million.


Paperwork secures $2.5m seed funding to improve financial wellbeing of American families at all life stages
Published: 28-02-2022 | 13:51:00 | By: Pie Kamau
Paperwork, the financial wellness solution that transforms the way people organize and manage their financial lives, announced it has closed $2.5 million in seed funding in a raise led by Kickstart Fund.


German e-bike startup ADO debuts high-end urban commuter D30
Published: 22-02-2022 | 11:09:15 | By: Pie Kamau
Frunkfart-based startup ADO is debuting an high-end urban commuter e-bike D30 officially. At the same time, ADO will join hands with Insta360 to launch the co-branded ADO Insta360 GO 2 XE, to cross city and chase adventure.


Kenyan retail tech startup MarketForce raises $40m Series A to scale up super app for Africa’s informal merchants
Published: 22-02-2022 | 10:44:00 | By: Pie Kamau
MarketForce, the Nairobi-headquartered B2B platform for retail distribution of consumer goods and digital financial services in Africa, announced the closing of a $40 million Series A round.


Nigerian fintech startup Earnipay raises $4m to provide on-demand salary to workers
Published: 21-02-2022 | 14:08:00 | By: Pie Kamau
Nigerian fintech startup Earnipay which provides flexible and on-demand salary access to income-earners has closed a seed round of $4 million.


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.


MENA's c-Commerce startup Zbooni launches in Egypt
Published: 16-02-2022 | 09:59:00 | By: Pie Kamau
Zbooni, MENA's c-Commerce (connected commerce) platform, has announced its official launch in Egypt. The rapidly scaling startup, which is backed by regional and global investors, will support the backbone of the Egyptian economy.


Hamburg-based cofenster closes €8m Series A financing for expansion and product development
Published: 14-02-2022 | 11:03:00 | By: Pie Kamau
Software company cofenster raised €8 million in a Series A funding round led by signals Venture Capital with existing investor, Capnamic, reinvesting. In addition, a number of well-known entrepreneurs are participating as angel investors.


Silicon Valley fintech startup Branch raises $300m to open mobile ecosystem, provide solution to walled gardens
Published: 14-02-2022 | 10:12:00 | By: Pie Kamau
Branch, the cross-platform solution for mobile linking and attribution, has secured $300 milion in funding at a $4 billion valuation, led by existing investor NEA.


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


Berlin-based contech startup Flexcavo receives around €7m to expand and digitize the construction industry
Published: 09-02-2022 | 14:40:00 | By: Pie Kamau
After the successful completion of the seed financing round with 6.4 million euros in September 2021, Berlin-based contech startup has increased its capital by around €7 million through various lenders.


Kenyan insurtech startup Lami acquires Bluewave Insurance Agency
Published: 04-02-2022 | 09:33:06 | By: Pie Kamau
Kenyan insurtech startup Lami Technologies has acquired Bluewave Insurance Agency, another Kenyan-based insurtech startup, for an undisclosed amount.


Kenyan mobile commerce startup Copia raises $50m to ramp up African expansion
Published: 21-01-2022 | 12:54:00 | By: Pie Kamau
Kenyan-based mobile commerce platform Copia Global raised $50 million in a Series C equity round led by Goodwell Investments.


Sportstech startup Mustard raises $3.75m to democratize world-class coaching across major sports
Published: 20-01-2022 | 11:56:00 | By: Pie Kamau
Mustard, the world's first sensorless connected-coaching platform for skill sports, announced a $3.75 million seed round led by the Lake Nona Sports & Health Tech Fund.


British Fintech Farm raises $7.4m to launch Neobanks in 8 countries
Published: 17-01-2022 | 14:06:00 | By: Pie Kamau
Fintech Farm, a British fintech company creating neobanks in emerging markets, raised $7.4 million investment to develop its new project.


DeFi startup Giddy raises $8m seed round to accelerate growth
Published: 17-01-2022 | 13:53:00 | By: Pie Kamau
Giddy, a mobile app that enables mainstream DeFi adoption, has raised $8m in seed funding. The round was led by Pelion Venture partners.


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


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


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


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


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


Kenyan fintech startup Tanda inks deal with Twiga Foods to enable vendors vend its digital financial services
Published: 20-12-2021 | 14:12:00 | By: Pie Kamau
Kenya’s fintech startup Tanda announced a new partnership with Twiga Foods that will see Twiga vendors become a one-stop-shop for a variety of digital and financial services offered by Tanda.


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


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


Machine learning company Hyperscience acquires German-based startup Boxplot
Published: 07-12-2021 | 15:01:18 | By: Bob Koigi
Hyperscience, the human centered automation company, has announced it has completed the acquisition of Boxplot, a startup based in Berlin, Germany.


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


Kenyan gaming startup Usiku Games develops Africa’s first mobile football game
Published: 23-11-2021 | 07:28:00 | By: Pie Kamau
Kenyan gaming startup Usiku Games unveiled an amateur football mobile game to promote outdoor physical activities and encourage sportsmanship among youths in East Africa.


French gaming startup Million Victories raises $3 million funding to diversify its portfolio
Published: 18-11-2021 | 19:33:25 | By: Bob Koigi
Million Victories will use this funding to increase the studio’s headcount, scale it’s already quickly growing userbase, and develop new core mobile games to diversify its portfolio.


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


Romanian startup Flip lands €1.5m from Prosus-owned eMAG, plans CEE leadership in refurbished products
Published: 03-11-2021 | 12:02:00 | By: Pie Kamau
Flip, a Romanian startup in the Recommerce market, landed the first eMAG Ventures accelerated investment worth 1.5 million euros and targets the leading position in Central and Eastern Europe.


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


Israeli mobile app startup Bites raises $5m seed funding for next-gen employee-communications and training application
Published: 22-10-2021 | 14:17:00 | By: Pie Kamau
Bites, a game-changing player in the employee communications and training industry, announced the completion of its seed funding round, raising $5 million.


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


Nigerian e-Commerce startup Sendbox raises $1.8m to digitize deliveries for African SMEs
Published: 19-10-2021 | 08:01:00 | By: Pie Kamau
Nigerian e-Commerce fulfillment startup Sendbox announced the completion of $1.8 million seed round from investors including 4DX Ventures, Enza Capital, FJLabs and Golden Palm Investments.


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


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


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


PHYTunes startup closes $1.5m seed round to develop solution for full 5G inside residential, commercial buildings
Published: 06-10-2021 | 14:32:00 | By: Pie Kamau
PHYTunes, a player in 5G at the Edge and wireless-wireline convergence, announced it has close its seed round of $1.5 million with investors Deutsche Telekom´s hub:raum.


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


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


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


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


Sports investing platform PredictionStrike raises $1.7m capital, launches new mobile app
Published: 08-09-2021 | 11:33:00 | By: Pie Kamau
Sports investing platform PredictionStrike announced its partnership with MaC Venture Capital and New Age Capital, as well as the launch of the company's new mobile app.


Sharp Alpha Advisors announces sports betting startup pitch competition in partnership with Sportradar
Published: 01-09-2021 | 13:50:00 | By: Pie Kamau
Sharp Alpha Advisors, a firm specializing in early-stage sports betting technology, and Sportradar, a global provider of sports betting and sports entertainment products and services, have partnered to announce a sports betting startup pitch competition.


Videogame startup Nifty Games raises $38m capital to redefine mobile sports games
Published: 01-09-2021 | 13:32:00 | By: Pie Kamau
Nifty Games, a videogame developer and publisher focused on quick-session, head-to-head sports games for mobile, raised $26 million in a Series B round of equity funding led by Vulcan Capital. In addition, the company has secured $12 million in connected debt financing.


Mobile sports betting startup ZenSports receives its Nevada gaming license
Published: 24-08-2021 | 15:31:00 | By: Pie Kamau
ZenSports, the mobile sports betting app that offers consumers more choices and a better design than any other platform, has officially received its non-restricted gaming license from the Nevada Gaming Control Board.


Hybrid gaming startup and broadcaster Live Play Mobile launches 24-hour-a-day live-hosted social casino game
Published: 19-08-2021 | 12:35:00 | By: Pie Kamau
Live Play Mobile, a new social gaming platform developer that combines live TV formats with mobile games, has become the first publisher to launch a 24-hour-a-day, live-hosted social casino game with its debut title, Live Play Bingo.


Mobility startup NeXt unveils iFLY, a planet-friendly personal air vehicle for the masses
Published: 12-07-2021 | 15:40:00 | By: Pie Kamau
NeXt, an advanced air mobility startup unveiled iFLY, an all-new, all-electric vertical takeoff and landing personal air vehicle created for safe, convenient and planet-friendly transportation.


Kameo startup launches vaccine passport for the entertainment production industry
Published: 02-07-2021 | 13:00:00 | By: Pie Kamau
Kameo, the provider of flexible mobile COVID-19 testing services for the entertainment production industry, announced the launch of its vaccine passport, an additional feature on its digital platform.


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


Hearable tech startup Noopl launches directional hearing device to enhance hearing in loud environments
Published: 12-05-2021 | 11:02:00 | By: Pie Kamau
Tech startup Noopl announced the availability of its acclaimed iPhone compatible directional hearing device to enhance hearing in loud environments to U.S. consumers.


AI video game wagering startup PLLAY secures additional $1m in funding
Published: 07-04-2021 | 16:50:00 | By: Pie Kamau
PLLAY, a skill-based video game wagering platform, has raised an additional $1 million in funding, bringing its total to $4 million in an oversubscribed seed round.


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


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


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


Mobile payments startup DepositLink raises $3.5m to expand its payments platform for residential real estate
Published: 19-03-2021 | 13:03:00 | By: Pie Kamau
DepositLink, the industry player in electronic payments for residential real estate transactions, announced the close of its successful series seed financing.


Mobile sports betting startup ZenSports closes $2.4m Series A round funding
Published: 16-03-2021 | 13:58:00 | By: Pie Kamau
ZenSports, the next-generation mobile sports betting app that offers both a traditional book plus peer-to-peer sports betting platform using fiat or cryptocurrencies, has announced the close of its new $2.4 million in Series A funding.


Kenyan startup Ajua, MTN Nigeria launch Customer Management mobile app for SMEs
Published: 15-03-2021 | 16:01:00 | By: Pie Kamau
Kenyan based startup Ajua has partnered with MTN Nigeria to launch EnGauge, a digital e-Commerce customer engagement management mobile app to support SMEs.


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


Vuzix Partners with marketing tech startup rooom AG to expand its presence in enterprise training on 3D Augmented Reality content
Published: 11-03-2021 | 10:42:00 | By: Pie Kamau
Vuzix Corporation, a supplier of Smart Glasses and Augmented Reality (AR) technology and products, announced a partnership with rooom AG, a marketing tech startup based in Germany that offers an innovative all-in-one solution for 3D and AR.


British startup QUVRY launches free iOS videocasting app for high-quality video calls
Published: 10-03-2021 | 14:57:28 | By: Pie Kamau
British startup QUVRY announced the launch of its free iOS videocasting app for high-quality video calls, to transform the video call experience.


7T launches Foundation Program to propel startups forward with innovative mobile apps & custom software
Published: 10-03-2021 | 14:41:00 | By: Pie Kamau
Cutting-edge Dallas software development company 7T, Inc. has officially re-launched its Foundation Program, designed to provide startups with an actionable implementation plan for the development of a custom mobile app or software platform.


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


Tech startup Mokusei offers 100% funding aid for individuals to cover their education and travel expenses
Published: 04-03-2021 | 12:14:00 | By: Pie Kamau
Incorporated on 17 Feb 2021, Mokusei Intelligence (Mokusei), is a social impact & education centric tech startup focused on developing AI/ML based algorithms and solutions.


Startup Space announces two new hires to fuel growth, continue expansion
Published: 04-03-2021 | 11:28:00 | By: Pie Kamau
Startup Space, the innovative platform for entrepreneurship community building, announced the appointment of Reneida Leon as Head of Product and Molly King as Associate Director of Client Experience.


API-powered startup Reservec Global to selI its intellectual property
Published: 02-03-2021 | 16:09:00 | By: Pie Kamau
Reservec Global, a software startup based in Florida, announced it intends to sell its proprietary intellectual property. The downturn in travel spending caused by COVID-19 had a profound impact on the company's ability to grow.


Chicago-based startup Push raises $1m seed round to fuel mobile game that pays real prize money
Published: 23-02-2021 | 08:32:00 | By: Pie Kamau
Chicago-based startup Push closed a $1 million dollar round led by JBL Energy Partners & private investors, to fuel its live app played by tens of thousands of people, vying to win actual cash.


Teleporter mobile app 360VUZ joins first "Google for Startups Accelerator" in the MENA region
Published: 23-02-2021 | 07:34:00 | By: Pie Kamau
360VUZ, the immersive video mobile app was selected to join the first ever "Google for Startups Accelerator" in the MENA region, that is held by Google as part of its "Grow Stronger with Google Initiative"


Next-gen XR video distribution startup YBVR secures $1.5m to accelerate growth
Published: 17-02-2021 | 12:37:00 | By: Pie Kamau
YBVR, a next-generation XR video distribution platform, announced a $1.5 million Pre-Series A funding round with participation from Verizon Ventures, Telefonica's Wayra and Tech Coast Angels.


African startup StarNews Mobile launches incubator for South African youths interested in digital film
Published: 01-02-2021 | 14:23:41 | By: Pie Kamau
StarNews Mobile launched its grassroots Youth Initiative incubator in partnership with Solutions on Point to empower young individuals interested in the digital film industry in South Africa.


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


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


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


realme promises more products in 2021 as it cements Kenyan market share
Published: 14-01-2021 | 15:30:00 | By: Bob Koigi
Phone manufacturer realme is promising to grow its Kenyan foothold in 2021 through release of new products, riding on a successful 2020.


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


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


Italy responds to pandemic with 53 innovative startups at 2021 CES
Published: 11-01-2021 | 14:39:00 | By: Pie Kamau
Against the backdrop of the worst public health crisis in more than a century, the Italian Trade Agency will introduce a new generation of technology startups at the Consumer Electronics Show (CES) All Digital from January 11 to 14.


realme reaches a record 50 million global shipments
Published: 31-12-2020 | 08:10:00 | By: Bob Koigi
As phone maker realme continues to break record by being among the few brands to have unveiled six new smartphones and AIot products in the Kenyan markets within four months, Kenyans consumers have responded with an appetite for the novel products.


realme 7i novel photo and video features excites Kenyan customers
Published: 22-12-2020 | 12:20:00 | By: Bob Koigi
With a range of remarkably beautiful specifications, the realme 7i allows one to shoot the world from multiple perspectives with its 64MP AI quad-camera.


AI video game wagering startup PLLAY launches MicroVentures campaign, builds on $3m seed round
Published: 18-12-2020 | 12:20:00 | By: Pie Kamau
PLLAY, a skill-based video game wagering platform, officially launched a campaign on MicroVentures, an equity-based crowdfunding website, opening an investment opportunity to the public.


54gene, Kobo360, myFanPark, Sokowatch among 12 startups to win AppsAfrica Awards 2020
Published: 16-12-2020 | 15:29:00 | By: Pie Kamau
54gene, Kobo360, myFanPark and Sokowatch have been named among the 12 winners of AppsAfrica Awards 2020. The awards celebrates the best startups in mobile and tech from across Africa.


African startup StarNews Mobile secures first funding from Investisseurs & Partenaires
Published: 15-12-2020 | 14:34:32 | By: Pie Kamau
African startup StarNews Mobile, specialized in the field of mobile video, achieved its first fundraising with Investisseurs & Partenaires, a pioneering impact investing group dedicated to small and medium-sized enterprises in Sub-Saharan Africa.


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


Community app Malaeb joins MENA's sportstech accelerator, Vooora
Published: 01-12-2020 | 07:31:00 | By: Pie Kamau
Vooora Ventures, the first SportsTech Accelerator in MENA, powered by Kooora.com, the digital sports platform in the Arab World, signed an acceleration partnership agreement with Malaeb, a community app that connects people through sports.


Kilimall targets Kenyan smartphone customers with discounts on realme brands
Published: 25-11-2020 | 13:45:00 | By: Bob Koigi
Kenya’s online shopping platform Kilimall has announced the flash sale of three flagship realme smartphones on Friday 27 November 2020 as part of Black Friday.


South African fintech startup Ukheshe to acquire Oltio, strengthens partnership with Mastercard
Published: 23-11-2020 | 07:53:00 | By: Pie Kamau
South African fintech startup Ukheshe announced it has entered into an agreement to acquire Oltio, a mobile technology company that developed Mastercard’s QR payment service Masterpass in South Africa.


South Korea's StradVision joins NVIDIA Inception program as premier partner
Published: 20-11-2020 | 12:59:59 | By: Pie Kamau
StradVision has joined NVIDIA Inception, a virtual accelerator program designed to nurture companies that are revolutionizing industries with advancements in AI and data sciences.


GR0 launches SEO studio for direct-to-consumer startups
Published: 20-11-2020 | 12:47:00 | By: Pie Kamau
Digital marketing agency GR0 has officially launched a startup studio located in the Playa Vista area with a main focus in organic growth for direct-to-consumer startups.


Readout Health startup partners with Apollo Health for management of neurodegenerative disease
Published: 17-11-2020 | 14:10:20 | By: Pie Kamau
Readout Health, a digital biomarker startup, announced partnership with Apollo Health, a health technology leader in neurodegenerative medicine.


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


realme announces official sale of realme C12 in Kenya
Published: 17-11-2020 | 12:15:00 | By: Bob Koigi
Smartphone manufacturer realme has partnered with online shops like Kilimall and other offline platforms for the sale of realme C12 which was launched in Kenya last week alongside realme 7i.


Chicago startup qReveal launches affordable QR code menu and price list solution
Published: 10-11-2020 | 12:31:56 | By: Pie Kamau
Responding to the challenging scene of a myriad of health and safety protocols facing restaurants and other businesses, Chicago startup qReveal has launched a platform that builds easy to use QR code menus and price lists.


Launch of realme 7i and reame C12 heralds new dawn for Kenyan smartphone industry
Published: 10-11-2020 | 10:15:00 | By: Bob Koigi
Riding on the warm reception its flagship products continue to receive among Kenyan customers, smartphone manufacturer realme has launched realme C12 and realme 7i in Kenya.


Mastercard co-innovates with 10 new fintechs to reshape the future of commerce
Published: 10-11-2020 | 07:30:00 | By: Pie Kamau
Mastercard has welcomed 10 fintechs from around the world to participate in its startup engagement program, Start Path, to scale the future of commerce.


realme C12 and realme 7i set for simultaneous launch
Published: 06-11-2020 | 10:15:00 | By: Bob Koigi
Buoyed by the growing popularity realme smartphones continue to enjoy in the Kenyan market in recent months, the phone manufacturer has announced the simultaneous launch of realme C12 and realme 7i.


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


realme 7i to launch in Kenya in November
Published: 27-10-2020 | 16:45:00 | By: Bob Koigi
Smartphone manufacturer realme has announced the entry of its newest brand realme 7i in the Kenyan market on Tuesday November 10 at 11:00am East African time.


realme introduces Buds Q in Kenya
Published: 26-10-2020 | 08:15:00 | By: Bob Koigi
Global smartphone manufacturer realme has unveiled the realme Buds Q in the Kenyan market as it seeks to position itself as a smartphone brand for the urbane and suave youthful generation.


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


realme feted in global design awards as products enjoy sustained uptake
Published: 21-10-2020 | 12:00:00 | By: Bob Koigi
Smartphone manufacturer continues to be a frontrunner in design of its products.


Australian retail tech startup Tiliter raises $7.5m for cashierless AI shopping technology
Published: 21-10-2020 | 11:16:00 | By: Pie Kamau
Tiliter, artificial intelligence (AI) provider whose technology uses computer vision to recognise products without barcodes compled a $7.5 million capital raise led by Investec Emerging Companies (IEC).


Greenwood closes $3m seed round to build online banking solution for Blacks and Latinx
Published: 09-10-2020 | 17:51:00 | By: Pie Kamau
Greenwood has secured $3 million in seed funding from private investors as the first digital banking platform for Black and Latinx people and business owners.


Texas-based startup Viva First launching new mobile bank for Latinos in the U.S.
Published: 08-10-2020 | 15:02:00 | By: Pie Kamau
Texas-based startup, Viva First, is launching a new mobile bank with the Latino community in mind, all 52 million in the United States.


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


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


Swiss healthtech startup Mobile Health AG selects Infosys for its commercial launch of Consilium Care
Published: 07-10-2020 | 11:51:00 | By: Pie Kamau
Infosys, next-generation digital services and consulting company has been selected by Mobile Health AG to enhance the go-to-market (GTM) strategy for its electronically patient-reported outcomes (ePRO) platform, Consilium Care™.


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


realme C15 second hot sale set for early October
Published: 02-10-2020 | 15:00:00 | By: Bob Koigi
After the successful launch and roll out of realme C15, the world’s fastest-growing smartphone brand, realme, is set to rollout the second Hot Sale for the realme C15.


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


Swisscom, Ericsson and Qualcomm join forces to find world's most innovative 5G startups
Published: 28-09-2020 | 15:14:00 | By: Pie Kamau
Switzerland's telecommunications and IT company Swisscom is joining forces with Ericsson and Qualcomm CDMA Technologies GmbH to identify the world's most innovative startups and research teams working on 5G applications.


London-based startup TopTip plans to give half its shares to its users
Published: 23-09-2020 | 13:12:00 | By: Pie Kamau
London-based startup Useful Interruptions, owner of the TopTip recommendations app, announced the launch of its Founders Club programme that aims to give half the shares in the company to users of TopTip.


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


ZenSports closes additional $1.46m Seed funding for U.S. and international expansion
Published: 18-09-2020 | 12:52:00 | By: Pie Kamau
ZenSports, the mobile peer-to-peer sports betting marketplace announced a new $1.46 million Seed round of funding to expand into the United States, as well as to continue to grow its international presence.


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


realme unveils realme C15, the first 6000mAh smartphone in Kenya
Published: 18-09-2020 | 09:45:00 | By: Bob Koigi
Emerging mobile phone brand realme has unveiled the latest addition to its C-series stable, the realme C15, in Kenya as it seeks to capture one of the most advanced mobile phone markets in the continent.


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


Trust Payments partners with messaging and e-commerce startup Wakanda Messenger to empower Africans around the world
Published: 17-09-2020 | 11:05:41 | By: Pie Kamau
Trust Payments, the global unified payments group for global pay-in, pay-out and customer journey technologies, has partnered with social network, messaging and e-commerce startup Wakanda Messenger.


Bidbud launches app that allows workers to place bids on posted jobs
Published: 16-09-2020 | 11:14:37 | By: Bob Koigi
Bidbud, a mobile application that brings the power of trade and commerce back into the hands of the people, has announced its official launch on iOS and Android devices.


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


realme set to unveil its latest brand realme C15 in Kenya
Published: 14-09-2020 | 09:45:00 | By: Bob Koigi
Global smartphone manufacturer realme has announced September 18 as the day it will unveil its latest brand in the Kenyan market, the realme C15,


The realme 6 and realme Band revolution in Kenya smartphone market
Published: 11-09-2020 | 14:30:00 | By: Bob Koigi
Realme 6 that premiered in Kenya in early September is already making waves as evidenced by the number of sales and inquiries across online shops among them Jumia Kenya.


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


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


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


Two new realme phone models set to revolutionize Kenya's smartphone market
Published: 25-08-2020 | 13:00:00 | By: Bob Koigi
Phone maker realme has launched two models in the Kenya market weeks after it officially launched operations in the country.


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


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


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


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


realme smartphone brand adds presence in Kenya
Published: 04-08-2020 | 13:00:00 | By: Bob Koigi
Emerging smartphone brand realme, has launched in Kenya as part of its global growth and expansion strategy.


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


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


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


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


Dutch fintech startup BUX expands into Germany and Austria
Published: 17-06-2020 | 13:02:00 | By: Bob Koigi
Dutch mobile investing startup BUX has extended its European expansion with the launch of new app BUX Zero in Germany and Austria.


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


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


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


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


France cloud based phone system Aircall secures $65 million to fund expansion
Published: 27-05-2020 | 14:56:00 | By: Bob Koigi
French tech startup Aircall has raised $65 million in Series C funding as it looks to bolster its cloud-based voice platform and fund its expansion.


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


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


US startup Nifty Games raises over $12 million in Series A financing
Published: 25-04-2020 | 10:14:30 | By: Bob Koigi
Nifty Games Inc., a developer and publisher focused on quick-session, head-to-head sports games for mobile devices, has secured more than $12 million in Series A financing, with $15 million raised to date.


[Startup Interview] Lwazi Nongauza, Executive Director, BTN Mobile, South Africa
Published: 02-08-2019 | 12:42:00 | By: Bas Vlugt
BTN Mobile is a South African digital telecommunications network that seeks to revolutionize the telecommunications landscape in the country and beyond while bridging the digital divide by making ICT services available to the underserved at a reasonable rate