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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3974393 | Tags:







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


[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.


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.


[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. 


[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.


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.


Agroforestry startup Propagate raises $10m Series A funding to accelerate growth
Published: 30-11-2022 | 13:02:00 | By: Pie Kamau
Propagate, a commercial agroforestry platform, has closed a $10 million Series A led by Belgium-based The Nest.


Chinese web3 startup Viide shows ambition to leverage advertising through Decentralized Screen Network
Published: 30-11-2022 | 12:47:00 | By: Pie Kamau
Viide, a web3 startup has shown its ambition to leverage the value of web3 advertising in China through its Decentralized Screen Network.


Second Century Ventures expands REACH program to Latin America, opens applications for 2023 program
Published: 30-11-2022 | 12:22:00 | By: Pie Kamau
Second Century Ventures, the strategic investment arm of the National Association of Realtors, announced the expansion of the award-winning REACH technology growth program to Latin America.


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.


Nigerian fintech startup Pivo raises $2m seed round to accelerate growth
Published: 30-11-2022 | 11:45:00 | By: Pie Kamau
Nigerian fintech startup Pivo, announced the closing of $2 million seed round with participation from Precursor Ventures, Vested World, Y Combinator, FoundersX and existing investor, Mercy Corp Ventures.


Cyndx launches Valer to generate faster and more accurate startup valuations
Published: 29-11-2022 | 14:42:14 | By: Pie Kamau
Cyndx, an AI-powered search and discovery engine built to simplify deal origination, has announced the launch of Valer, the company's new corporate valuation tool.


[ Lithuanian Unicorns] An insatiable hunger to prove their talent drives Lithuanian startups' growth
Published: 29-11-2022 | 14:34:00 | By: Pie Kamau
Smashing its records year by year, Lithuania's startup ecosystem has proved that there're no limits to growth. According to Dealroom.co, over the last five years, it has accelerated 16.6 times and is now valued at €10 billion.


Israeli foodtech startup ChickP raises dairy-free ice cream to new heights
Published: 29-11-2022 | 14:20:00 | By: Pie Kamau
ChickP Protein, a food-tech startup, has introduced chickpea protein isolate for plant-based ice cream. Protein from this ancient crop zeroes in on the non-dairy category to make a tasty plant-based frozen dessert.


Speech AI startup Deepgram completes $47m Series B round to define the future of speech understanding
Published: 29-11-2022 | 14:10:00 | By: Pie Kamau
Speech AI startup Deepgram announced it has raised $47 million in equity funding led by Madrona, with Alkeon participating as a new investor, to define the future of speech understanding.


Canadian SaaS startup Produce8 closes $6m investment to accelerate growth in the future of workforce analytics
Published: 29-11-2022 | 13:58:00 | By: Pie Kamau
Produce8, a startup SaaS company aiming to reduce distractions and increase productivity for distributed and digital-first teams, announced $6 million in funding to support strategic growth.


Belgian coliving startup Cohabs joins forces with real estate investors to accelerate growth
Published: 28-11-2022 | 11:06:00 | By: Pie Kamau
Cohabs, a Brussels-based company specializing in coliving, announced the entry into its capital of three new institutional investors: Ivanhoé Cambridge, Belfius Insurance, and the real estate arm of the Belgian Sovereign Fund (SFPIM - Real Estate).


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.


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).


eureKARE co-leads €5m seed investment in Biomemory which is advancing cutting-edge DNA-based data storage solutions
Published: 28-11-2022 | 10:13:00 | By: Pie Kamau
eureKARE, an innovative investment company for disruptive synthetic biology applications, announced it has co-led a €5 million seed funding round in Biomemory.


MyMonty calls to all banks, MNOs and startups: the time for digitization is now!
Published: 28-11-2022 | 09:33:00 | By: Pie Kamau
In 1998, Mountasser Hachem founded Monty Holding, which has since become a giant in the telco sector, achieving unprecedented global penetration.


New Adevinta Ventures report reveals that B2B Marketplaces outperform other tech segments in VC funding
Published: 25-11-2022 | 09:19:00 | By: Pie Kamau
Adevinta Ventures, the early-stage investment arm of Adevinta, an online classifieds specialist, is launching a new B2B marketplaces report.


Insurtech startup Surround Insurance raises $2.5m seed round to help cconsumers navigate life’s transitions
Published: 25-11-2022 | 08:59:00 | By: Pie Kamau
Insurtech startup Surround Insurance announced that it has closed a $2.5 million seed round led by MassMutual through the MM Catalyst Fund.


Global startups accelerator Luminate partners with Silicon Catalyst to speed development of emerging technologies
Published: 25-11-2022 | 08:39:00 | By: Pie Kamau
Luminate NY, the global accelerator for startups developing optics, photonics, and imaging (OPI) enabled technologies, announced it has formed a strategic partnership with Silicon Catalyst.


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.


Check Point Software launches accelerator hub for Israeli cybersecurity startups
Published: 25-11-2022 | 08:05:00 | By: Pie Kamau
Check Point Software Technologies, the provider of cybersecurity solutions globally, has launched its CyberUp program, an initiative that will support Israel’s growing network of cybersecurity startups.


Tanzanian CPG startup Ramani raises $32m to digitize supply chains
Published: 24-11-2022 | 09:40:00 | By: Pie Kamau
Ramani, a Tanzanian startup focused on consumer-packaged goods (CPG) supply chains,  has raised $32 million in Series A debt-equity funding to introduce new financial services as it expands its operations.


MadKudu platform secures $18m to accelerate adoption of product-led growth
Published: 24-11-2022 | 09:02:00 | By: Pie Kamau
MadKudu, the Product-Led-Growth (PLG) leader disrupting the software industry, announced today its $18 million Series A led by Felicis.


Rosotics raises $750,000 pre-seed round for novel approach to heavy industry 3D printing
Published: 24-11-2022 | 08:49:00 | By: Pie Kamau
Rosotics, innovators in additive manufacturing, announced $750,000 in pre-seed funding led by Draper Associates.


Beverage startup Hangobi raises capital on StartEngine to accelerate growth
Published: 24-11-2022 | 08:35:23 | By: Pie Kamau
Beverage startup Hangobi announced it is raising capital on SearchEngine to expand its footprint beyond NYC,  bringing its healthy drinks to the masses.


[Startup Interview] Assim Gupta, CEO, Closeloop Technologies, USA
Published: 24-11-2022 | 08:05:59 | By: Bob Koigi
Among the solutions it offers include website development, chatbots, ecommerce apps and mobile app development.


London-based workforce management startup Surfboard raises $5m seed round to accelerate growth
Published: 23-11-2022 | 11:40:00 | By: Pie Kamau
London-based startup Surfboard announced it has raised a $5 million seed round. The investment will advance Surfboard's mission of making work more human through building collaborative software.


[Column] Natalia Ahmadian: Four ways to accelerate tech transfer in Europe
Published: 23-11-2022 | 10:27:41 | By: Pie Kamau
The importance of university spin-offs has been recognized for decades. Several studies showed that Tech Transfer is beneficial for social welfare and entrepreneurial activity


[Interview] Jennifer Feaster, Speaker, YouTube Creators Festival
Published: 23-11-2022 | 10:07:00 | By: Bob Koigi
Jennifer Feaster is a Managing Partner at Age Africa, an agency that combines data and creativity to develop performance driven YouTube channels, with unique content optimized for success.


Rutgers MBA alumna Hannah Redmond realizes dream of being an entrepreneur as venture takes off
Published: 23-11-2022 | 09:58:05 | By: Pie Kamau
Hannah Redmond kept retrieving lessons from her MBA classes at Rutgers Business School as she built her startup, Happy Box, from an idea to a ranking on Inc.'s list of fastest-growing companies.


Kenyan supply chain and logistics startup Leta secures $3m pre-seed funding to accelerate growth
Published: 23-11-2022 | 09:21:00 | By: Pie Kamau
Leta, the supply chain and logistics startup driving distribution optimization, announced the close of  $3 million Pre-Seed equity round.


Mental health-tech startup Resilience Lab raises $15m to address the U.S. systemic mental health access crisis
Published: 22-11-2022 | 11:55:00 | By: Pie Kamau
Resilience Lab, a mental health-tech company enabling communities of clinicians to collaborate to improve patient access and outcomes, announced it has raised $15 million in Series A funding.


Swiss Web3 payment startup DePay partners with WooCommerce to bring payments to online merchants
Published: 22-11-2022 | 11:34:00 | By: Pie Kamau
Swiss Web3 payment startup DePay, announced it is joining forces with the self-hostable, open-source eCommerce plugin WooCommerce, pushing decentralization further and providing merchants with the ability to have customers send payments directly to their own wallets.


Canadian B2B automotive trading startup TRADE X opens a trade route in Ghana
Published: 22-11-2022 | 11:11:00 | By: Pie Kamau
TRADE X, a B2B cross-border automotive trading platform with its headquarters in Ontario, Canada, announced it has opened a new trade route in Ghana, strengthening the company's presence in Africa.


Kenyan agritech startup Stable Foods raises $600k funding to grow its climate smart smallholder platform
Published: 22-11-2022 | 10:33:00 | By: Pie Kamau
Stable Foods, a Kenyan agritech startup offering a host of solutions to small-scale farmers, has raised $600k funding round, to build out its climate smart smallholder food production platform.


Modus expands to Sub-Saharan Africa with launch of $75m Africa-focused fund
Published: 22-11-2022 | 10:11:00 | By: Pie Kamau
Modus, a Venture Platform operating in MENA comprising VC funds, Venture Builders, and a Corporate Innovation arm, has announced the launch of Modus Africa – a $75 million SDG-focused VC fund that will invest in Africa’s boldest startups.


IBM announces five members selected for its Sustainability Accelerator programme
Published: 22-11-2022 | 10:04:00 | By: Pie Kamau
IBM has announced five global non-profits as new members of the Sustainability Accelerator programme. The programme is a global pro bono social impact program which seeks to help marginalized communities.


London-based Vektor AI raises $2.5m pre-seed round to democratize tech talent’s access to professional career advice
Published: 21-11-2022 | 10:05:00 | By: Pie Kamau
Vektor AI, an online platform for one-to-one mentorship and professional career enhancement, announced it has raised a pre-seed round of $2.5 million led by leading early-stage European VC firms.


Big data startup OneSchema raises $6.3m funding round to make ingesting CSV data magical for developers
Published: 21-11-2022 | 09:38:00 | By: Pie Kamau
Big data startup OneSchema announced a $6.3 million funding round led by General Catalyst, with participation from Sequoia Capital, Y Combinator, Elad Gil and Contrary Capital.


Paris-based sustainable deep tech startup FAIRMAT completes €34m Series A round
Published: 21-11-2022 | 09:12:00 | By: Pie Kamau
Fairmat, the Paris-based sustainable deep tech startup pioneering the recycling of advanced materials, announced it has completed its Series A funding round at a total of €34 million.


Silicon Catalyst names EXOKĒRYX as newest portfolio company admitted to the incubator
Published: 21-11-2022 | 08:44:00 | By: Pie Kamau
Silicon Catalyst, the world's only incubator focused exclusively on accelerating semiconductor solutions, announced that EXOKĒRYX has been accepted into the Silicon Catalyst Incubator program.


Pathway Homes partners with social impact technology startup Savi to address student loan debt
Published: 21-11-2022 | 08:34:00 | By: Pie Kamau
Pathway Homes (Pathway), a real estate platform with a mission to create more homeowners, announced it is partnering with impact tech company Savi to offer a tool to help Pathway customers manage their debt burden.


Austrian deep-tech startup Sarcura closes €7m to develop next-generation cell therapy manufacturing platform
Published: 18-11-2022 | 11:53:00 | By: Pie Kamau
Austrian deep-tech startup Sarcura announced the closing of an oversubscribed €7 million Seed Plus funding round to develop a next-generation cell therapy manufacturing platform.


Montreal-based BoostSecurity exits stealth with $12m seed funding to secure the software supply chain
Published: 18-11-2022 | 10:58:00 | By: Pie Kamau
BoostSecurity, the developer-first, zero friction DevSecOps automation platform that builds trust into every step of the software supply chain, has emerged from stealth with $12 million in seed funding.


Silicon Valley startup ArmorCode secures $14m Series A investment to scale AppSecOps platform
Published: 18-11-2022 | 10:40:00 | By: Pie Kamau
ArmorCode, the pioneer in AppSecOps, announced it secured a $14 million Series A investment led by Ballistic Ventures, the venture capital firm solely focused on backing cybersecurity startups.


Milken Institute and Motsepe Foundation announce $2m prize competition in green energy
Published: 18-11-2022 | 10:26:00 | By: Pie Kamau
The Milken Institute and the Motsepe Foundation, launched the Milken-Motsepe Prize in Green Energy, a $2 million prize competition to reward entrepreneurs and innovators.


SE Ventures announces €500m Fund II to accelerate climate and industrial tech startups
Published: 18-11-2022 | 09:57:00 | By: Pie Kamau
SE Ventures announced a €500 million Fund II establishing the firm as one of the largest VCs focusing on climate and industrial technology.


[Startup Interview] Ganesh Verma, Founder, MoogleLabs, Canada
Published: 18-11-2022 | 09:31:39 | By: Bob Koigi
MoogleLabs is a Canadian startup that leverages emerging technologies like artificial intelligence, machine learning, Blockchain, DevOps, and Metaverse to come up with innovative solutions that help companies become more cost-effective.


[Startup Interview] Neeraj Gupta, Founder, Salonist, Singapore
Published: 18-11-2022 | 09:31:13 | By: Bob Koigi
Neeraj Gupta the founder of Singapore-based startup Salonist explains the inspiration behind setting up the business.


GhanaWeb, Age Africa Agency sponsor YouTube Creators Festival in Ghana
Published: 17-11-2022 | 06:50:00 | By: Pie Kamau
Ghana’s leading online media platform, GhanaWeb, and Age Africa Agency, the foremost YouTube agency with a Multi-Channel Network (MCN) in Africa, are co-sponsoring the second edition of the YouTube Creators Festival.


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 startup Weo launches smart bottle that amplifies water's health benefits via electrolysis
Published: 16-11-2022 | 11:05:00 | By: Pie Kamau
Weo, a healthtech startup using biotechnology to alter water at the molecular level, announced its official launch of the Weo Bottle, the first-ever portable water bottle that uses electrolysis to enhance the water you drink with the touch of a button.


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.


AI startup Prof Jim auto-converts textbooks into cinematic lessons
Published: 16-11-2022 | 10:29:00 | By: Pie Kamau
Prof Jim is launching out of stealth with one of the first practical applications of generative AI in education. This technology transforms textbooks into visually dynamic online courses.


Demand for seamless, convenient way of shopping increase growth of e-Commerce in Africa
Published: 16-11-2022 | 10:14:00 | By: Pie Kamau
The electronic commerce (e-Commerce) transaction of goods and services between business-to-consumer (B2C), business-to-business (B2B), consumer-to-consumer, and consumer-to-business, has become rampant in this digital age.


Mobility startup BasiGo secures $6.6m funding to accelerate electric bus uptake in Kenya
Published: 16-11-2022 | 10:06:00 | By: Pie Kamau
BasiGo, the first company to introduce electric buses into Kenya, has announced $6.6 million in new funding led by Mobility54.


Global innovation platform Plug and Play to launch crypto and digital assets innovation platform
Published: 16-11-2022 | 10:02:00 | By: Pie Kamau
Global innovation platform Plug and Play, together with founding partners Visa, AllianceBlock, The INX Digital Company, IGT, and Franklin Templeton, has announced the launch of their new Crypto and Digital Assets program.


European software investment firm Round2 Capital completes first closing of €100m software lending fund
Published: 15-11-2022 | 11:09:00 | By: Pie Kamau
European software investment firm Round2 Capital has completed the first close of its second software lending fund with €62 million, expanding its total assets-under-management to €115 million.


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.


Full-service marketing agency Suite Innovators launches to drive exponential growth for health and wellness tech startups
Published: 15-11-2022 | 10:37:00 | By: Pie Kamau
Suite Innovators announced the launch of its boutique marketing agency dedicated to driving unprecedented levels of growth and acclaim for health, wellness, and fitness technology startups.


Burns & Levinson names Robert Chow as Co-Chair of Venture Capital and Emerging Companies Group
Published: 15-11-2022 | 10:07:00 | By: Pie Kamau
Burns & Levinson announced that partner Robert Chow has been named Co-Chair of the firm's Venture Capital & Emerging Companies Group.


Singapore-based VentureBlick launches global search for healthcare startups
Published: 15-11-2022 | 09:53:00 | By: Pie Kamau
VentureBlick, a fundraising platform matching healthcare startups with medical investors, has launched its worldwide search to identify promising healthcare startups for the medical community to evaluate, advise, and fund.


Katapult launches startup accelerator in Kigali, Rwanda
Published: 14-11-2022 | 17:05:00 | By: Pie Kamau
Katapult Africa announced the launch of its Accelerator program in Kigali, Rwanda, welcoming 9 companies to the Katapult portfolio.


London-based zero-trust enterprise browser SURF launches out of stealth with seed investment round
Published: 14-11-2022 | 16:56:00 | By: Pie Kamau
New zero-trust enterprise browser SURF, announced it has launched out of stealth with an investment round led by 11.2 Capital, Okta Ventures, Mango Capital and security-focused Angel investors.


Ultra-convenient healthy meals startup Proper Good closes seed funding to bring absurdly delicious products
Published: 14-11-2022 | 15:42:27 | By: Pie Kamau
PROPER GOOD, an ultra-convenient home-delivered food service company that offers nutritious prepared meals made with simple and high quality ingredients, announced the closing of $3.5 million in seed funding.


SaaS startup ProsperStack raises $2m seed round to accelerate growth
Published: 14-11-2022 | 14:49:00 | By: Pie Kamau
ProsperStack, a pioneeer in cancellation flow software boasting the ability to reduce subscriber churn by up to 30%, announced the closing of $2 million Seed round, led by Sandalphon Capital.


Gen-Z founded Voyce.Me closes seed round at $2.5m led by Torch Capital
Published: 14-11-2022 | 14:38:00 | By: Pie Kamau
 Voyce.Me, a first-of-its-kind manga and webtoon creator platform founded by 21-year-old Dylan Telano, closed a seed round at $2.5 million led by Torch Capital.


Silicon Valley based IoT startup MODE announces new funding to accelerate growth
Published: 11-11-2022 | 08:06:00 | By: Pie Kamau
MODE, a Silicon Valley based IoT solutions provider, announced it has raised funds from Panasonic Corporation (Panasonic), a corporate venture capital (CVC) fund jointly managed with SBI Investment.


Nigerian money app Kuda launches in the UK
Published: 11-11-2022 | 07:49:00 | By: Pie Kamau
Nigerian money app Kuda, announced it is launching in the UK as part of a global expansion drive with a view to serving the cross-border transfer needs of UK-based Nigerians.


Israeli DevOps startup Port raises $7m to build an internal developer portal that fits any engineering organization
Published: 11-11-2022 | 07:39:00 | By: Pie Kamau
Israeli DevOps startup Port announced it had raised $7 million in seed funding for its comprehensive builder-based internal developer portal. The seed round was led by TLV Partners. 


Service industry career platform WorkTorch raises $2.2m additional funding and rebrand from QuickHire
Published: 11-11-2022 | 07:17:00 | By: Pie Kamau
WorkTorch, a fast-growing service industry career platform, announced a $2.2 million seed round, led by Tenzing Capital out of Wichita, Kansas.


Swedish startup Finch secures €2.5m funding to spearhead the shift from manual to generative workflows in the AEC industry
Published: 11-11-2022 | 07:05:00 | By: Pie Kamau
Swedish startup Finch announced it has secured €2.5 million funding to spearhead the shift from manual to generative and data-driven workflows in the architecture, engineering and construction (AEC) industry.


Kenyan logistics startup Sendy raises funding from Japanese VC MOL PLUS to accelerate growth
Published: 11-11-2022 | 06:34:00 | By: Pie Kamau
Kenyan fulfillment and logistics startup Sendy, announced it has received funding from MOL PLUS the Corporate Venture Capital of Japanese transport firm Mitsui O.S.K. Lines (MOL).


Digital solutions startup Bantoo joins the Smart Africa Alliance
Published: 11-11-2022 | 06:26:00 | By: Pie Kamau
The Smart Africa Alliance announced it has welcomed digital solutions platform Bantoo to the alliance, to advance technological developments in the continent.


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.


Vouch partners with Capsule to support startups internationally
Published: 10-11-2022 | 14:11:00 | By: Pie Kamau
Capsule, a specialist insurance provider to high-growth companies in the UK, announced a partnership with Vouch, a San Francisco-based insurance platform that provides business insurance for high-growth technology startups in the US.


Dutch fintech venture Yabx expands into Nigeria
Published: 10-11-2022 | 13:53:00 | By: Pie Kamau
Yabx, a fintech venture headquartered at Netherlands, announced its foray into Nigerian markets with a mission to democratize credit across the country with its digital lending offerings.


Startup Wise Guys selects the second batch of participants for Africa-dedicated fund
Published: 10-11-2022 | 13:45:00 | By: Pie Kamau
Startup Wise Guys (SWG), Europe’s startup accelerator and one of its most active investment funds, has selected the second batch of participants for its €7.5 million fund for African startup investment. 


Climate tech VC firm Satgana announces first closing of its fund with €30m target size
Published: 10-11-2022 | 13:38:00 | By: Pie Kamau
Climate tech venture capital firm Satgana announced the first closing of a target €30 million VC fund to back the next generation of purpose-driven entrepreneurs building the Future of Earth.


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.


Chef-led startup meez raises $11.5m to place recipes at the heart of hospitality
Published: 09-11-2022 | 12:08:00 | By: Pie Kamau
meez, the first-of-its-kind digital professional recipe tool, announced it has closed a $11.5 million Series A funding round led by Craft Ventures with participation from Struck Capital.


Fintech startup Fordefi raises $18m seed round to launch institutional DeFi wallet and security platform
Published: 09-11-2022 | 11:55:00 | By: Pie Kamau
Fordefi, a financial technology and software company, announced a $18 million seed round and the public launch of its institutional MPC wallet built for transacting on decentralized applications (dApps).


EQT Ventures III closes Europe's largest venture capital fund committed to early-stage tech startups
Published: 09-11-2022 | 11:24:00 | By: Pie Kamau
EQT has closed Europe's largest venture capital fund committed to early-stage tech startups. EQT Ventures III (the "Fund" or "Ventures III") closed with total commitments of €1.1 billion.


500 Global launches its Pan-African accelerator Manager Bootcamp in Kenya
Published: 09-11-2022 | 11:07:00 | By: Pie Kamau
Venture capital firm 500 Global, has partnered with Germany’s economic development agency Deutsche Gesellschaft für Internationale Zusammenarbeit GIZ and its Make-IT in Africa initiative, which fosters the growth of Africa’s innovation ecosystems.


CardinalStone Capital Advisers announces $6m investment in Nigerian healthtech startup AfyA Care
Published: 09-11-2022 | 10:56:00 | By: Pie Kamau
West African private equity fund manager, CardinalStone Capital Advisers (CCA), has announced a $6 million investment in Nigeria's healthtech startup AfyA Care.


Paris-based startup Mytraffic raises €30m Series B to provide digital intelligence to brick-and-mortar operators
Published: 08-11-2022 | 15:01:00 | By: Pie Kamau
Paris, France-based startup Mytraffic, a SaaS offering detailed insights on any location in Europe, has raised €30 million Series B  funding round led by AXA Venture Partners.


Stellantis invests in Africar Group to create Auto24, African used vehicle startup
Published: 08-11-2022 | 14:35:00 | By: Pie Kamau
Africar Group and Stellantis have announced the launch of Auto24 activities in Abidjan, Ivory Coast.


Nigerian lending startup Payhippo acquires Maritime Microfinance Bank
Published: 08-11-2022 | 14:15:54 | By: Pie Kamau
Nigeria’s credit-led SME fintech Payhippo has acquired Maritime Microfinance Bank (MFB), a financial institution specializing in saving products, demand deposits, and investments as well as micro and SME loans


Impact Venture Capital portfolio company Alef unveils Alef flying car, the only drivable flying car with vertical takeoff and landing
Published: 08-11-2022 | 14:07:00 | By: Pie Kamau
Alef Aeronautics, an advanced technology company creating alternative transportation solutions for surging traffic trends, introduced the Alef "Model A", the only flying car with street driving and vertical take-off.


Israeli cybersecurity startup Wib raises $16m investment to accelerate growth, tackle rising API security problem
Published: 08-11-2022 | 13:52:00 | By: Pie Kamau
Wib, the cybersecurity startup pioneering a new era in API security, announced a $16 million investment led by Koch Disruptive Technologies (KDT).


Jobtech Alliance launches startup accelerator programs to improve livelihoods in Africa
Published: 07-11-2022 | 10:09:31 | By: Pie Kamau
The Jobtech Alliance, an ecosystem-building initiative around inclusive jobtech in Africa has launched two programs; the Catalyst Jobtech Accelerator and the Jobtech Innovation Lab.


French battery startup Verkor raises more than €250m financing for its innovation centre
Published: 07-11-2022 | 09:51:00 | By: Pie Kamau
French battery startup Verkor announced it has raised more than €250 million, for the inauguration of its R&D lab, an integral part of the Verkor Innovation Centre.


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.


Vue Storefront wins best e-Commerce and retail startup at The Europas Tech Startup Awards 2022
Published: 07-11-2022 | 09:08:00 | By: Pie Kamau
Vue Storefront, a technology company that develops software for businesses to create fast, modern and high-performing online storefronts, was crowned a winner at The Europas Tech Startup Awards 2022.


Japanese startup TIER IV launches commercial autonomous driving software platforms for multiple operational design domains
Published: 07-11-2022 | 08:55:00 | By: Pie Kamau
TIER IV, an open source autonomous driving startup, announced it has launched commercial autonomous driving software platforms "Pilot.Auto" and "Web.Auto".


Cooperative Ventures announces first investment in agritech startup Sabanto to improve sustainability
Published: 07-11-2022 | 08:42:00 | By: Pie Kamau
Cooperative Ventures, a venture capital fund formed by North America's agricultural cooperatives, announced its first investment in Sabanto, a hardware and software company.


UK-based hospitality tech startup Journey completes £5m growth capital raise
Published: 04-11-2022 | 11:02:00 | By: Pie Kamau
Journey Hospitality has secured £5 million growth capital investment. The funds, from private equity firm Averroes Capital, will enable Journey to deliver its vision to revolutionise e-Commerce for the hospitality industry.


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.


YEGO ride-sharing platform from Rwanda launches in Kenya
Published: 04-11-2022 | 09:56:00 | By: Pie Kamau
YEGO Global, a ride-sharing platform from Rwanda has entered the Kenyan market to take on Uber and Bolt through its subsidiary - YEGO Mobility Kenya.


3nets concludes $11m seed round for multi-cloud workload portability solution
Published: 04-11-2022 | 09:21:00 | By: Pie Kamau
3nets.io, a Delaware corporation, announced the conclusion of $11 million seed round at a post-money valuation of $20 million. 


Intelligent digital coworkers startup Roots Automation raises $10m Series A funding round to accelerate growth
Published: 04-11-2022 | 09:11:00 | By: Pie Kamau
Roots Automation, the creator of advanced, intelligent Digital Coworkers for the insurance industry, announced the closing of $10 million in a Series A round of funding.


Application security startup Apiiro raises $100m Series B funding round to accelerate growth
Published: 04-11-2022 | 08:51:00 | By: Pie Kamau
Apiiro, the pioneer in Cloud-Native Application Security, announced a significant Series B round of $100 million led by General Catalyst with participation by Greylock and Kleiner Perkins.


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.


Vienna-based startup Orderlion raises $4m funding to scale the global B2B food supply chain
Published: 03-11-2022 | 10:26:00 | By: Pie Kamau
Vienna-based startup Orderlion announced the successful closing of $4 million in preSeries A funding, including a mix of equity and debt financing, bringing the total amount of investments raised to $7.5 million since the company’s inception.


Zest AI secures over $50m growth capital to advance the next generation of AI-automated underwriting
Published: 03-11-2022 | 09:35:00 | By: Pie Kamau
Zest AI, the leader in automating underwriting with more accurate and inclusive lending insights powered by AI, announced that the company has raised over $50 million in a new growth round.


Brex partners with Techstars to accelerate growth for early-stage founders
Published: 03-11-2022 | 09:23:00 | By: Pie Kamau
Brex announced its partnership with Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs.


Girls in Tech Startup Challenge 2022 now open for female entrepreneurs
Published: 03-11-2022 | 09:15:02 | By: Pie Kamau
Girls in Tech, a global nonprofit working to erase the gender gap in tech, has launched the Girls in Tech Startup Challenge 2022, the organization's signature entrepreneurship pitch competition.


New York startup Scent Lab personalizes the fragrance industry with immersive digital experiences and AI-tech
Published: 02-11-2022 | 10:04:16 | By: Pie Kamau
Scent Lab announced the launch of its online platform that’s changing the way consumers shop for fragrance. Scent Lab is the first digital destination that leverages immersive video experiences and AI tech.


Telehealth startup Options MD raises $3.8m pre-seed funding to expand its mental health platform
Published: 02-11-2022 | 09:43:00 | By: Pie Kamau
Options MD, a telehealth startup providing high-quality care for treatment-resistant depression (TRD), announced $2.35 million in funding, bringing the total pre-seed funding to $3.8 million.


Oslo-based compliance automation startup Kosli raises $3.1m seed round led by Heavybit
Published: 02-11-2022 | 09:25:00 | By: Pie Kamau
Kosli, the developer tools startup based in Oslo, Norway, has closed a $3.1m seed round led by Heavybit to solve dynamic change monitoring and continuous compliance.


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.


Globo partners with American startup HeadSpin to improve User Experience of Smart TVs
Published: 02-11-2022 | 08:47:00 | By: Pie Kamau
LatAm media group Globo, announced a strategic partnership with HeadSpin, the developer of a data science driven digital experience intelligence platform used to provide flawless digital experiences.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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 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™.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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