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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3984614 | 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.


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.


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.


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.


[Startup Interview] Ehsan, Mohammad, Reza, Co-founders, Coco, Austria
Published: 30-09-2022 | 14:05:00 | By: Bob Koigi
CoCo is a social media analysis platform. It helps to increase the effectiveness of advertising campaigns on social networks.


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,


Fintech startup Tongo raises $7m seed funding to accelerate growth in its real estate market
Published: 30-09-2022 | 10:10:00 | By: Pie Kamau
Tongo, a fintech company realigning income and expenses for the commission economy, announced it has raised $7 million in seed funding. 


Plug and Play Alberta announces 50 startups for the second cohort of its accelerator programs
Published: 30-09-2022 | 09:52:00 | By: Pie Kamau
Plug and Play Alberta has announced 50 startups for the second cohort of its industry-specific startup accelerator programs. The companies will participate in one of the following programs: Health, Sustainability, and Sector Agnostic.


South Africa's home services startup SweepSouth closes $11m investment round led by Alitheia IDF
Published: 30-09-2022 | 09:40:00 | By: Pie Kamau
SweepSouth, an online home services platform with a presence across Africa has completed a $11 million investment round led byAlitheia IDF (AIF), Africa’s first and largest gender-lens private equity fund.


Estonian startup KOOS raises $4m funding to accelerate the new era of ownership
Published: 30-09-2022 | 09:28:00 | By: Pie Kamau
KOOS, an Estonian-based startup, announced $4 million worth of seed funding led by high profile investors at Plural Platform with participation from investors including LocalGlobe, Tiny.vc and Matt Clifford.


Tech startup Coalesce secures $26m Series A funding to reinvent data transformation in the snowflake data cloud
Published: 30-09-2022 | 09:00:00 | By: Pie Kamau
Coalesce.io, the data transformation company, announced it has secured $26 million in Series A funding led by Emergence Capital, with participation from seed investors 11.2 Capital.


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.


London scaleup Wazoku raises £8.5m series B funding, acquires Danish intelligence startup Mindpool
Published: 28-09-2022 | 11:29:00 | By: Pie Kamau
London-based innovation scaleup Wazoku has closed a series B funding round of £8.5 million through investment from Octopus Ventures along with follow on from existing investors including Calculus Capital.


FNHIC launches to invest $2.5b in startups improving hunger and health outcomes through food
Published: 28-09-2022 | 11:13:00 | By: Pie Kamau
S2G Ventures, Food Systems for the Future and other partners launched the Food, Nutrition and Health Investor Coalition (FNHIC), a call to action to drive $2.5 billion in private investment.


UK scaleup White Label Loyalty launches in the U.S.
Published: 28-09-2022 | 11:01:00 | By: Pie Kamau
UK-based loyalty technology experts White Label Loyalty is entering the US market for the first time, with opening of its firrst overseas office in New York.


London-based Pheon Therapeutics launches with $68m financing to advance novel ADC for treatment of solid tumors
Published: 28-09-2022 | 10:49:00 | By: Pie Kamau
Pheon Therapeutics (Pheon), an ADC specialist developing next generation ADCs for a wide range of hard-to-treat cancers has launched, following the closing of a $68 million Series A financing.


Deep tech startup MATSUKO and European telcos partner to develop holographic presence
Published: 28-09-2022 | 09:48:00 | By: Pie Kamau
European telecom operators Deutsche Telekom, Orange, Telefónica and Vodafone, together with the deep tech startup MATSUKO, have conducted a pilot to make holographic calls easy.


Canadian Lia 27 becomes the new face of AI after closing seed funding round at $5m valuation
Published: 27-09-2022 | 16:35:00 | By: Pie Kamau
Canadian Artificial Intelligence (AI) company Lia 27 Inc, announced it has closed a seed funding round valuing the company at $5 million. The funding launches the one-year-old business into the next dimension. 


New Utah startup Oops offers doorstep return pickups for in-store and online purchases
Published: 27-09-2022 | 16:16:00 | By: Pie Kamau
An early-stage startup born in the heart of Utah's Silicon Slopes, Oops is offering doorstep return pickups for in-store and online purchases across the Wasatch Range.


Ghanaian agritech startup Farmerline raises $1.5m from Dutch investor Oikocredit
Published: 27-09-2022 | 15:59:00 | By: Pie Kamau
Ghanaian agritech startup Farmerline announced the second close of a Pre-Series A investment raise with an additional $1.5 million investment from Dutch social impact investor Oikocredit.


Dallas-based workforce finance startup Meritize taps JP Morgan vet as Business Development VP
Published: 27-09-2022 | 15:55:56 | By: Pie Kamau
Meritize, developer of merit-based financing solutions and a technology platform that connects career starters and mid-career professionals with high-impact skills training, announced it has hired Jeff Parks as the firm's Vice President of Business Development.


Ghanaian fintech SecondSTAX raises $1.6m pre-seed funding to expand to other countries
Published: 27-09-2022 | 15:45:00 | By: Pie Kamau
Ghanaian fintech SecondSTAX (Secondary Securities Trading and Aggregation eXchange), announced it has raised $1.6 million in pre-seed funding from private investors and venture capital firms, including LoftyInc Capital and STEMeIn.


French startup Prophesee closes €50m C Series round to drive commercialization of revolutionary neuromorphic vision technology
Published: 26-09-2022 | 15:57:00 | By: Pie Kamau
Prophesee, the inventor of advanced neuromorphic vision systems, announced the completion of its Series C round of funding with the addition of a new investment from Prosperity7 ventures.


Capacity trading startup Stere closes $5m seed to expand tech-driven solutions for the insurance sector
Published: 26-09-2022 | 15:42:00 | By: Pie Kamau
Stere, a capacity trading platform specializing in capacity sourcing and unique digital capabilities for embedded insurance partners and MGAs, announced it has closed a $5 million funding round.


Detroit cloud-based startup KODE Labs raises $8m to advance its smart building platform
Published: 26-09-2022 | 15:29:00 | By: Pie Kamau
KODE Labs, a Detroit cloud-based smart building startup, announced it has raised a Series A investment of $8 million led by I Squared Capital and other strategic investors.


Vendease secures $30m to transform procurement and business operations for restaurants across Africa
Published: 26-09-2022 | 14:13:00 | By: Pie Kamau
Vendease, a Y Combinator-backed digital platform that allows restaurants in Africa to buy supplies, access financial services and power their business operations, has raised $30 million funding round.


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.


[Startup Interview] Yashu Kapila, Founder, BugRaptors, India
Published: 23-09-2022 | 14:13:00 | By: Bob Koigi
The startup provides a highly diversified range of services varying from standard testing services, specialized testing services, to test advisory services. 


London-based Genie AI launches Startup Starter Pack, a free open source legal template library for startups
Published: 23-09-2022 | 12:04:00 | By: Pie Kamau
Genie AI, a machine learning company based in London, has launched Startup Starter Pack, a free open source legal template library with contract templates for small businesses and startups.


Norwegian audio-tech startup Nomono secures €3.55m seed round to scale its podcasting and audio solutions
Published: 23-09-2022 | 11:35:00 | By: Pie Kamau
Nomono, the pioneering developer of audio recording and collaboration tools that help podcasters and journalists tell immersive audio stories, announced the closing of €3.55 million investment round.


NYSHEX closes $25m Series B funding to improve reliability and efficiency of global shipping
Published: 23-09-2022 | 11:08:00 | By: Pie Kamau
NYSHEX, the ocean contract performance technology servive provider,, announced a $25 million Series B funding round led by Collate Capital. In addition, Blumberg Capital, Goldman Sachs and NewRoad Capital participated.


CrowdStrike’s Falcon Fund invests in API security startup Salt Security
Published: 23-09-2022 | 10:45:00 | By: Pie Kamau
CrowdStrike, a pioneer in cloud-delivered protection of endpoints, cloud workloads, identity and data, announced that its strategic investment vehicle, Falcon Fund, has invested in Salt Security, the pioneer in Application Programming Interface (API) security.


[Column] Nick Durrant: Lead generation strategies that work
Published: 23-09-2022 | 10:24:00 | By: Pie Kamau
Marketers often focus most of their attention on design aesthetics, ignoring the many other factors that could turn website visitors into hot prospects.


ABB partners with Dutch AI predictive maintenance scaleup Samotics to expand condition monitoring services
Published: 23-09-2022 | 10:10:00 | By: Pie Kamau
ABB and  Samotics, the provider of ESA technology that is a high-growth scaleup company, have entered a strategic long-term partnership to provide enhanced condition monitoring services.


Crypto tax reporting app Binocs nets $4m funding round as it adds institutional investors to retail base
Published: 22-09-2022 | 13:02:00 | By: Pie Kamau
Crypto tax reporting app Binocs has announced a $4 million fundraise to cater to institutional crypto investors and enter geographies like the US, UK, Australia etc.


Sustainable and AI concrete startup AICrete raises $4m seed funding to accelerate growth
Published: 22-09-2022 | 12:40:00 | By: Pie Kamau
AICrete, the recipe-as-a-service platform optimizing local materials for cleaner and more cost-efficient concrete, announced it has raised $4 million in a seed funding led by CLEAR Ventures.


Starburst Ventures launches pre-seed and seed fund to focus on aerospace and defense innovation
Published: 22-09-2022 | 11:58:00 | By: Pie Kamau
Starburst Ventures, the first venture capital fund dedicated to investing across aviation, space, and defense, announced the launch of its new early-stage fund.


Stockholm-based R-evolution launches venture capital arm to boost greentech startups
Published: 22-09-2022 | 11:45:00 | By: Pie Kamau
Hexagon AB, a global pioneer in digital reality solutions combining sensor, software and autonomous technologies, announced a new venture capital arm of R-evolution, the sustainable innovation and green-tech investment subsidiary of Hexagon.


Nigerian fintech startup Kippa launches business registration platform to support SMEs
Published: 22-09-2022 | 10:50:00 | By: Pie Kamau
Nigerian fintech startup Kippa has launched Kippa Start, a business registration platform to enable Nigerian MSMEs scale through their businesses.


Kenyan agricultural insurtech startup Pula appoints Michael Joseph as Board Chair
Published: 22-09-2022 | 10:28:00 | By: Pie Kamau
Former Safaricom CEO Michael Joseph has been appointed as Board Chair of a Kenyan agricultural insurtech startup Pula.


Ethiopian fintech startup Chapa launches online payment gateway service for businesses
Published: 22-09-2022 | 10:17:00 | By: Pie Kamau
Ethiopian fintech startup Chapa has launched an online payment gateway to enable businesses accept payments from people worldwide.


Healthtech startup Remedial Health secures $4.4m to provide access to credit for pharmacies in Nigeria
Published: 21-09-2022 | 13:23:00 | By: Pie Kamau
Remedial Health, a healthtech startup that develops solutions to make Africa’s pharmaceutical value chain more efficient, has raised $4.4 million in seed funding to accelerate its expansion across Nigeria.


Swiss biotech startup Hedera Dx raises €14m seed funding to accelerate global adoption of liquid biopsies
Published: 21-09-2022 | 11:52:00 | By: Pie Kamau
Hedera Dx, a Swiss biotech startup, has raised €14 million in funding to launch a blood-based testing solution to profile cancer DNA circulating in the blood, helping patients access better treatments.


Idealist Capital announces first close of its Climate Impact Fund to accelerate energy transition
Published: 21-09-2022 | 11:32:00 | By: Pie Kamau
Idealist Capital, a North American fund with a primary focus on the Canadian market, announced the first closing of the Idealist Climate Impact Fund LP (the Fund) with capital commitments totalling C$250 million. 


Human Ventures announces anchor partnership with Bank of America to invest in early-stage founders
Published: 21-09-2022 | 11:09:00 | By: Pie Kamau
Human Ventures, one of New York City's premier emerging venture funds, announced an anchor partnership with Bank of America for Human Ventures Fund II.


Israeli data security startup Sentra launches in the U.S.
Published: 21-09-2022 | 10:51:00 | By: Pie Kamau
Sentra, an Israeli cloud data security company, announced its arrival in the U.S. market with the opening of its new North American headquarters in New York City.


Google-backed startup Massage Robotics launches equity crowdfunding via StartEngine
Published: 21-09-2022 | 10:26:00 | By: Pie Kamau
Google-backed startup, Massage Robotics announced the launch of equity crowdfunding via StartEngine, to show how robots can help people heal with free massage therapy.


Canadian Raven Indigenous Capital Partners launches Fund II at $46m, eyes U.S. markets
Published: 21-09-2022 | 10:06:00 | By: Pie Kamau
Raven Indigenous Capital Partners, North America’s only Indigenous-led and owned venture capital intermediary, launched its second fund (Raven Fund II) with an initial close of $46 million, and a target size of $75 million.


Gradient Ventures leads $6m investment in LatAm's tax-technology startup Heru
Published: 20-09-2022 | 16:27:00 | By: Pie Kamau
Heru, an AI-based tax platform that simplifies the tax-filing process and provides intelligent insights for future filings, announced a $6 million seed round led by Gradient Ventures, Google's AI-focused venture fund. 


MedGeo secures $4m equity investment and joint venture agreement with Jackson Healthcare company
Published: 20-09-2022 | 16:12:00 | By: Pie Kamau
MedGeo Ventures announced it has secured a $4 million equity investment and joint venture agreement with Jackson Healthcare company.


Dutch sustainable blockchain startup GRNGrid secures $50m to drive connectivity with crypto exchanges
Published: 20-09-2022 | 15:53:00 | By: Pie Kamau
The GRN Association announced it has secured an investment totaling $50 million for the GRNGrid project from GEM Digital, a venture capital focused on digital currencies.


Nigerian blockchain payments startup Bitmama closes $2m pre-seed round to scale growth
Published: 20-09-2022 | 15:28:00 | By: Pie Kamau
Nigerian blockchain payments startup Bitmama announced a pre-seed extension of $1.65 million, adding to the $350,000 it received last October, thus closing the round at $2 million led by Unicorn Growth Capital and Launch Africa.


Unicorn Growth Capital, EchoVC join Celo Foundation to support Web3 projects across Africa
Published: 20-09-2022 | 15:23:00 | By: Pie Kamau
Unicorn Growth Capital and EchoVC have joined the Celo Foundation to support growth of Web3 projects across Africa through newly dedicated Celo ecosystem investment funds.


French AI and cloud media startup Newsbridge closes €7m funding round to develop U.S. presence
Published: 19-09-2022 | 12:35:00 | By: Pie Kamau
Newsbridge, the French AI & Cloud Media company has raised €7 million Series A funding round to continue its expansion to the U.S.A, and hire top AI and Media Engineering talent.


Dutch-based Builders studio raises €1.5m for development of HR and proptech startups
Published: 19-09-2022 | 10:12:00 | By: Pie Kamau
Rotterdam-based startup studio Builders has raised €1.5 million in funding in its second closing, to develop HR and proptech startups and start international expansion.


Ghanaian health tech startup mPharma acquires majority stake in Nigeria’s HealthPlus
Published: 19-09-2022 | 09:50:00 | By: Pie Kamau
Ghanaian health tech startup mPharma has acquired a majority stake in HealthPlus, a pioneer pharmacy chain in Nigeria.


Security and management supplier Verkada raises $205m to build an operating system for the physical world
Published: 19-09-2022 | 09:36:00 | By: Pie Kamau
Verkada, a pioneer in cloud-managed enterprise building security and management, announced a $205 million Series D funding round with new and existing venture partners.


India's fruits and vegetables platform Sahyadri Farms raises €40m growth capital to support smallholder farmers
Published: 19-09-2022 | 09:19:00 | By: Pie Kamau
India's integrated platform for fruits and vegetables Sahyadri Farms has raised  €40 million growth capital from a group of impact-focused investors; Incofin, Korys, FMO and Proparco.


French biotech startup Tridek-One closes €16m to develop first-in-class immune checkpoint agonists
Published: 16-09-2022 | 12:07:00 | By: Pie Kamau
Tridek-One, a Paris-based biotech startup specialized in the research and development of CD31 agonists to restore the immune balance, announced it has closed a €16 million financing round led by the Swiss VC Pureos Bioventures.


Industrial automation and agritech startup Agtonomy closes seed III funding round
Published: 16-09-2022 | 11:47:00 | By: Pie Kamau
Agtonomy, a cutting-edge software and service agritech startup, announced the successful closing of another round of funding for a total investment of $13.5 million.


Tallinn-based climate tech startup Arbonics raises €1.8m pre-seed funding to fight climate change in Europe
Published: 16-09-2022 | 11:19:00 | By: Pie Kamau
Arbonics, a new climate tech startup, is launching its unique data- and science-driven tool to make calculating the potential carbon income of land and forests quicker and easier for landowners in Europe.


African fintech startup Flutterwave launches eNaira payments for businesses in Nigeria
Published: 16-09-2022 | 11:06:57 | By: Pie Kamau
Flutterwave, Africa's payments technology company announced its merchants can now process payments in eNaira, the Nigerian digital currency issued and distributed by the Central Bank of Nigeria.


Kenyan insurtech startup Turaco secures $10m funding to drive insurance adoption
Published: 16-09-2022 | 09:58:00 | By: Pie Kamau
Turaco, the insurtech driving mass market insurance adoption, has announced the close of a $10 million Series A equity round led by AfricInvest, via the Cathay Africinvest Innovation Fund.


Nigerian fintech startup Kippa raises $8.4m seed round to accelerate growth
Published: 16-09-2022 | 09:27:00 | By: Pie Kamau
Nigerian fintech startup Kippa has raised $8.4 million in an oversubscribed seed round led by Goodwater Capital, TEN13 VC, Rocketship VC, Saison Capital, Crestone VC, VentureSouq, Horizon Partners, and Vibe Capital.


BRV China-backed HPC-AI Tech startup completes $6m seed and angel round financing
Published: 15-09-2022 | 11:02:00 | By: Pie Kamau
HPC-AI Tech, an artificial intelligence high-performance optimization startup announced the closing of $6 million seed and angel rounds, with BlueRun Ventures China (BRV China) acting as the lead investor for the angel round.


Irish e-Commerce growth unicorn Wayflyer secures $253m debt financing from Credit Suisse
Published: 15-09-2022 | 10:44:00 | By: Pie Kamau
Wayflyer, the revenue-based financing and growth platform for e-Commerce businesses, has secured $253 milion debt financing facility from Credit Suisse.


Hyperspec AI startup releases software platform for autonomous driving development
Published: 15-09-2022 | 10:20:00 | By: Pie Kamau
Hyperspec AI, an artificial intelligence startup, released a new tool for developers working on ADAS enabled and autonomous vehicles (AV).


Fintech startup Power emerges from stealth with $16.1m seed funding and $300m credit facility
Published: 15-09-2022 | 09:33:00 | By: Pie Kamau
Power, a fintech startup with plans to reshape global commerce, has finally teased early progress as it emerges from stealth with $16.1m in seed funding, a $300m credit facility, and a fast-growing list of customers.


Carrier Ventures invests in next-gen sustainable technology startups Archilogic, Butlr and Transaera
Published: 15-09-2022 | 09:19:00 | By: Pie Kamau
Carrier Global Corporation, the global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, has completed three new investments through its Carrier Ventures group.


Copenhagen-based Monta lands €30m additional financing to accelerate the buildout of EV charging infrastructure
Published: 14-09-2022 | 15:26:00 | By: Pie Kamau
Monta, the Copenhagen-based all-in-one EV charging management platform, announced it has secured an additional €30 million as part of a Series A+ round led by Energize Ventures.


Tech startup Alcatraz AI receives $25m Series A funding to accelerate international growth
Published: 14-09-2022 | 14:59:00 | By: Pie Kamau
The European Bank for Reconstruction and Development (EBRD) is supporting the product development, sales and marketing of Bulgaria and US-based tech startup Alcatraz AI with an equity investment, as part of a $25 million.


ff Venture Capital launches first US VC Fund to back Ukrainian founders and startups
Published: 14-09-2022 | 14:42:00 | By: Pie Kamau
ff Venture Capital (ffVC), an early-stage venture firm, has launched the ff Blue & Yellow Heritage Fund, the first US venture capital fund exclusively for Ukrainian founders and startups.


Copenhagen-founded open podcast startup Podimo secures €58.6m funding to accelerate market expansion
Published: 14-09-2022 | 14:20:00 | By: Pie Kamau
Copenhagen-founded startup Podimo, the subscription service for podcasts and audiobooks, announced it has secured another €58.6 million in an up round of funding, led by 83North.


Multimedia startup Tract raises $7m to empower kids develop 21st century skills through content creation
Published: 14-09-2022 | 14:00:00 | By: Pie Kamau
Tract, the online community where kids teach kids through multimedia, announced its $7 million seed funding round led by NEA.


Amcor increases investment in digital flexible packaging startup ePac
Published: 14-09-2022 | 13:26:00 | By: Pie Kamau
Amcor, a global player in developing and producing responsible packaging solutions, announced a further strategic investment of up to $45 million in ePac Flexible Packaging (ePac), a player in high quality, short run length digitally-based flexible packaging.


[Startup Interview] Tesh Mbaabu, CEO, MarketForce, Kenya
Published: 12-09-2022 | 16:47:00 | By: Pie Kamau
Tesh Mbaabu is a serial entrepreneur who lives to blend commerce and technology. He is the Co-founder and CEO of Kenyan-based B2B platform for retail distribution of consumer goods and digital financial services in Africa today, MarketForce.


Africa's gender equal tech VC fund Janngo Capital reaches first close of its €60m fund
Published: 12-09-2022 | 16:38:00 | By: Pie Kamau
Janngo Capital Startup Fund (JCSF) has announced its first close at €34 million in capital commitments, to invest 50% of its proceeds in companies founded, co-founded, or benefiting women.


Finnish biotech startup Onego Bio secures €4.5m additional funding to accelerate Research & Development
Published: 12-09-2022 | 11:57:00 | By: Pie Kamau
Business Finland, a public organization under the Finnish Ministry of Employment and the Economy, has awarded a grant of additional €4.5 million for Onego Bio's research and development work.


Dutch game-tech startup Enliven raises €1m for groundbreaking empathy training in virtual reality
Published: 12-09-2022 | 11:29:00 | By: Pie Kamau
Together with Oost NL, LUMO Labs is investing €1 million in game-tech company Enliven. This Dutch startup from Arnhem offers groundbreaking empathy training for the prevention of physical and emotional violence in home and workplace.


Austrian SaaS startup Shopstory raises €2.2m in second round funding to back e-Commerce brands
Published: 12-09-2022 | 10:58:00 | By: Pie Kamau
Austrian startup Shopstory is raising a million-dollar investment from tecnet equity, Startup300 and business angels Patrick Pöschl (Co-Founder Scalable Capital) and Hansi Hansmann in its second round of financing.


Cyber security starup SaaS Alerts secures $22m to scale its security monitoring and response platform
Published: 12-09-2022 | 10:33:00 | By: Pie Kamau
SaaS Alerts, the cybersecurity company purpose-built for Managed Service Providers (MSPs) to protect and monetize their customers' core business SaaS applications, announced it has secured a $22 million growth investment.


Fireblocks surpasses $100m ARR milestone, cements its status as SaaS centaur
Published: 12-09-2022 | 10:19:00 | By: Pie Kamau
Fireblocks, an easy-to-use platform to create innovative products on the blockchain and manage day-to-day crypto operations, announced that its 2022 Annual Recurring Revenue (ARR) has surpassed $100 million.


Newly launched Accelerator Geekz Ventures joins Techstars Foundation
Published: 09-09-2022 | 13:20:00 | By: Pie Kamau
Atlanta-based entrepreneur Kunbi Tinuoye's new initiative to support minority founders has been selected to participate in the highly competitive Techstars Foundation's Accelerate Equity cohort. 


Smart energy startup Flair raises $7.6m Series A funding to expand climate tech for home and grid
Published: 09-09-2022 | 12:45:00 | By: Pie Kamau
Flair, creators of smart vents, thermostats and easy-to-use software for room-level temperature control, announced the closing of a $7.6 million Series A funding round.


Google announces 60 African startups selected for its second Black Founders Fund
Published: 09-09-2022 | 11:39:00 | By: Pie Kamau
Google has announced 60 qualifiers for its Google for Startups Black Founders Fund (BFF) for African startups.


Nigerian fintech startup NowNow raises $13m seed round to expand across Africa
Published: 09-09-2022 | 11:31:00 | By: Pie Kamau
Nigerian fintech startup NowNow Digital Systems has raised  $13 million in its seed round for expansion across 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. 


Fintech startup Duplo raises $4.3m seed funding to transform business-to-business payments in Nigeria
Published: 09-09-2022 | 11:14:08 | By: Pie Kamau
Duplo, a business-to-business payment platform that makes it easier for African businesses of all sizes to pay each other, has raised $4.3 million in seed funding to launch new products and expand into new business verticals in Nigeria.


San Francisco-based startup HumanQ raises $2m seed round to expand its technology products
Published: 07-09-2022 | 13:35:00 | By: Pie Kamau
San Francisco-based HumanQ (formerly known as Experiential Insight), announced a $2 million seed round of funding, led by Kindred Ventures, to further expand on its technology products.


Constitutional Reserve Fund of Monaco allocates €10m to London-based Ocean 14 Capital impact fund
Published: 07-09-2022 | 13:14:00 | By: Pie Kamau
The Ocean 14 Capital fund, which focuses exclusively on the multi-trillion-dollar ‘blue economy’, has received a commitment of €10 million from the Constitutional Reserve Fund of Monaco to support its mission of funding sustainable solutions.


BioInnovation Institute announces new cohort of companies entering the Venture Lab program
Published: 07-09-2022 | 12:43:00 | By: Pie Kamau
BioInnovation Institute (BII), an international commercial non-profit foundation incubating and accelerating world-class life science research, announced the latest cohort of participants in its Venture Lab acceleration program for early-stage startups.


Polish startup DoxyChain raises €2.2m early seed funding to expedite security in document management
Published: 07-09-2022 | 12:17:00 | By: Pie Kamau
DoxyChain, a Polish startup building a solution for traditional document management transition to web 3.0 world, announced it has  raised €2.2 million from international investors to power its growth.


Swiss crypto startup 21.co raises $25m, becomes Switzerland's largest crypto Unicorn
Published: 07-09-2022 | 11:51:00 | By: Pie Kamau
21.co, the world's player in providing access to crypto through simple and easy to use products, announced a $25 million round led by Marshall Wace.


Edge computing startup EDJX appoints Benjamin Thomas as new CEO, raises seed funding round
Published: 06-09-2022 | 16:34:00 | By: Pie Kamau
EDJX, the pioneer in decentralized global serverless edge computing, announced it has hired a new CEO while simultaneously raising a seed round of funding.


Singapore-based web3 cybersecurity startup Silence Laboratories raises $1.7m seed funding to acccelerate growth
Published: 06-09-2022 | 13:26:00 | By: Pie Kamau
Silence Laboratories, a web3 focused cybersecurity startup working on libraries for MPC and Proofs-based Decentralised Security-as-Service (DSaaS), has closed a $1.7 million round in a seed funding.


Dutch solar-powered car startup Lightyear secures €81m additional capital investment
Published: 06-09-2022 | 13:09:00 | By: Pie Kamau
Lightyear, a Dutch high-tech startup developing the world’s first solar car, announced a total investment of €81 million, which includes capital from the public consortium consisting of Invest-NL.


Infrastructure and private equity investment manager Foresight launches in Dublin, Ireland
Published: 06-09-2022 | 12:46:00 | By: Pie Kamau
Foresight Group (Foresight), a private equity and infrastructure investment manager, has announced the opening of its new office in Dublin, Ireland.


Missouri-based insurtech startup iCover raises $5m pre-Series A funding to accelerate growth
Published: 06-09-2022 | 12:18:00 | By: Pie Kamau
iCover, a Missouri-based insurtech startup that provides an algorithmic underwriting and QUI based eApp Service for life insurance companies, raised $5 million in pre-Series A funding. 


Puna Bio startup raises $3.7m seed funding to restore soil health with desert microbes
Published: 05-09-2022 | 14:41:00 | By: Pie Kamau
Puna Bio announced $3.7 million in seed funding that will be used to commercially launch its first soybean seed treatment in Argentina that is cost competitive to existing biological solutions, expand field trials for wheat and corn.


Customer engagement startup OneSignal raises $50m Series C funding to accelerate global expansion
Published: 05-09-2022 | 14:21:00 | By: Pie Kamau
OneSignal, the the customer engagement platform, secured $50 million in Series C funding to advance its unified messaging and orchestration capabilities, enhance its mobile data-driven email product.


African fintech startup Flutterwave secures switching and processing license from Central Bank of Nigeria
Published: 05-09-2022 | 14:11:00 | By: Pie Kamau
Flutterwave, Africa's payments technology company has been granted a Switching and Processing License by the Central Bank of Nigeria (CBN), widely regarded as CBN's most valuable payments processing license.


Japanese foodtech startup Yo-Kai Express partners with IPPUDO and TableMark to bring ramen and udon dishes to its autonomous restaurant platform
Published: 05-09-2022 | 14:01:00 | By: Pie Kamau
Yo-Kai Express announced new partnerships with TableMark and Chikaranomoto, to jointly develop and market varieties of new udon and ramen menu options.


Chinese biotech startup CellOrigin partners with Qilu Pharmaceutical to develop "off-the-shelf" CAR-iMAC cell therapy
Published: 05-09-2022 | 13:16:00 | By: Pie Kamau
CellOrigin Biotech has made an agreement with Qilu Pharmaceutical on strategic global collaborations to develop, manufacture and commercialize a proprietary "off-the-shelf" CAR-iMAC cell therapy.


London-based mental health startup Thalamos raises $1m to digitise the Mental Health Act
Published: 01-09-2022 | 15:18:00 | By: Pie Kamau
London-based mental health startup Thalamos announced it has raised €1 million seed round to digitise the Mental Health Act. 


Swiss foodtech startup Planted raises €70m Series B funding to accelerate international growth
Published: 01-09-2022 | 15:01:00 | By: Pie Kamau
Swiss foodtech startup Planted, known for its natural biostructured meat made from alternative proteins, announced it has successfully closed its Series B financing round of €70 million.


Nigerian mobility fintech Moove joins forces with Uber UK to bring electric vehicles to London
Published: 01-09-2022 | 14:42:44 | By: Pie Kamau
Nigerian fintech moblity startup Moove has announced its launch in London as part of its global expansion through a new partnership with Uber. 


Kenyan fintech startup Pezesha raises $11m to expand across Africa
Published: 01-09-2022 | 14:36:00 | By: Pie Kamau
Pezesha, a Kenyan fintech that has built a platform where small and medium enterprises can access funding, has raised $11 million in a pre-series A equity and debt funding.


Kenyan B2B e-Commerce startup Wasoko opens innovation hub in Zanzibar
Published: 01-09-2022 | 14:27:00 | By: Pie Kamau
Wasoko (formerly Sokowatch), an African B2B e-Commerce startup that leverages technology to transform the informal retail supply chain, announced the official launch of the “Wasoko Innovation Hub” in partnership with the Zanzibar government.


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