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Mudrex launches Saber.Money to offer onramp and offramp services in India
Mudrex announced the launch of Saber.Money to offer services to B2B clients.
AWS and Immutable partner to supercharge mass adoption of Web3 gaming globally
Immutable will work with AWS to accelerate the on-boarding of game studios to Web3.
Harpie launches Wallet Monitoring tool for crypto investors
Harpie has launched a Wallet Monitoring tool that provides real-time threat detection for crypto wallets.
Ugandan Agritech startup Emata raises $2.4m seed funding
Ugandan agritech startup Emata has raised $2.4 million in seed funding.
BingX invests in AI and Web3 startup Moonbox to accelerate growth
BingX has invested in Moonbox, a pioneering AI and Web3 startup.
Binance Labs invests in decentralized Rollups-as–a-Service (RaaS) provider AltLayer
Binance Labs has announced a strategic investment in AltLayer.
OKX Ventures invests $1m funding round in Hong Kong-based AI and Web3 startup Moonbox
OKX Ventures has announced a $1m investment in Moonbox.
Pulsr launches Web3's first AI search engine for NFTs
Pulsr Foundation has released AI search engine optimization for over 5 million NFTs.
Web3 and the rise of the digital asset investor, Plug and Play
Web3 is a more decentralized system for sharing data and managing digital assets.
Ugandan women entrepreneurs grow businesses with group saving accounts
For women and youth involved in fish trade at lakes Albert and Victoria in Uganda, having little to no savings is a thing of the past.
The evolution of cryptocurrencies - a look at how blockchain technology is going mainstream
Cryptocurrencies have been around for over a decade now and have come a long way since their inception.
GRASP fellowship invests in African women researchers
The Kenyan women, and others selected for the GRASP Fellowship, are set to participate in a series of interventions, including leadership and mentoring training, designed to enable them to become more effective policy practitioners
Insurtech startup Turaco and Airtel Money launch low-cost hospital cash insurance product in Uganda
Kenyan and Ugandan insurtech startup Turaco, has partnered with Airtel Mobile and Prudential Assurance to launch a low-cost hospital cash insurance product with Funeral Benefit.
[Interview] Gharjyot Singh, CEO, Cerebrum Infotech, India
Gharjyot Singh is the CEO of Cerebrum Infotech, a software and web development company based in India.
Web3 startup nealthy raises $1.3m in pre-seed to simplify NFT and crypto investing
nealthy, a Web3 startup for investing in NFTs and cryptocurrency, announced it raised $1.3 million in pre-seed funding round backed by experienced Web3 investors, including renowned crypto celebrity ‘DonGeraldo.’
[Column] Xiao Feng: The 10 principles of Web3
What is Web3? Web3 is essentially the other side of the coin in relation to blockchain technology. When we talk about blockchain, we are also talking about Web3 to a considerable extent, and vice versa.
Squid raises $3.5m to build next-generation cross-chain swaps
Squid, a Zug, Switzerland-based provider of a routing protocol that enables users and developers to easily access cross-chain liquidity, raised a $3.5m seed round led by North Island Ventures.
5 key insurance industry trends in EMEA region according to Plug and Play
Insurance industry trends over the past year have been significant, especially across Europe, the Middle East, and Africa (EMEA) region.
Metaverse development startup Virtualtech Frontier secures seed funding to further develop its Mitoworld platform
Virtualtech Frontier (VTF), a metaverse development company, has secured seed round funding from Blockchain Founders Fund (BFF), joining forces with seed investor 500 Global.
Plesion Capital invests $500,000 funding in Ugandan fintech platform Xeno
Plesion Capital announced its formation as a social impact venture capital firm focused on partnering with mission-based entrepreneurs and companies to combat poverty around the world.
OKX Ventures, GSRV co-lead $2m seed round for decentralized identity platform Nametag
Nametag, creators of the new standard for end-user identity verification with web3, announced a $2 million seed round co-led by GSRV and OKX Ventures.
Hologram startup Proto secures investment from Christie’s Ventures to accelerate growth
Proto, the original hologram device and platform, announced that Christie's Ventures has invested in the company, solidifying the bonds of their successful collaborations.
Web3 startup Tonsnipe raises $100K to build a token and NFT aggregator on Ton blockchain
Tonsnipe, a web3 startup building on The Open Network has closed a $100K private funding round to develop a Ton blockchain-based native token and NFT aggregator.
Chinese web3 startup Viide shows ambition to leverage advertising through Decentralized Screen Network
Viide, a web3 startup has shown its ambition to leverage the value of web3 advertising in China through its Decentralized Screen Network.
Kenyan fintech startup Tanda announces agency banking entry in Uganda, Rwanda, Tanzania
Kenyan fintech startup Tanda announced plans for agency banking entry in Uganda, Rwanda, Tanzania to accelerate growth within the East African markets.
Swiss NFT-based athlete investment startup FANtium raises €2m angel investment to democratize athlete financing
Swiss NFT-based athlete investment platform FANtium, announced a private pre-seed round of $2 million.
Ugandan agritech startup Inputi receives investment to boost inputs distribution
Ugandan agritech startup Inputi announced it received an investment funding to boost inputs distribution across the country.
Ugandan fintech startup Tugende raises $10m pre-Series B funding to increase portfolio growth
Tugende, the innovative fintech platform for MSME credit and asset-financing in East Africa, closed in Q2 pre-Series B equity funding from existing shareholders led by Partech and two new investors, including Women’s World Banking.
Cryptocurrency startup Zerion closes $12m Series B funding to build the best wallet for Web3 citizens
Zerion, the wallet for the most active web3 users, announced the closing of a $12.3 million Series B funding round led by Wintermute Ventures.
Kenyan startup Kyosk Digital expands to Uganda
Kyosk Digital Services aims to address some of the challenges that vendors of fast-moving consumer goods (FMCGs) go through in sourcing products and restocking their outlets.
Uganda’s digital lending startup Numida raises $12.3 million funding to grow offerings
Uganda's Digital Lender Numida has secured a $12.3 million pre-Series A round of equity and debt funding to help it expand its team and move into new markets.
T-Mobile accelerator startup Krikey brings NFT puppies to the Flow blockchain
Krikey, a gaming studio with more than 5 million users, announced the launch of SolarPups on the Flow blockchain.
Boston-based crypto fund startup Triblock emerges out of stealth
Triblock, a Boston-based investment and advisory firm co-founded in 2019 by Matt Batsinelas and Bennett Collen, announced the startup has emerged out of stealth, after making over 20 investments while operating in stealth.
Web3 digital identity startup Unstoppable Domains raises $65m Series A funding at $1b valuation
Unstoppable Domains, the platform for Web3 digital identity with more than 2.5 million registered NFT domains, announced it has closed $65 million in Series A funding at a $1 billion valuation.
Web3 startup Book Token launches eBooks on Chain, sells $100K worth of eBooks
Dallas-based startup, Book Token (Booktoken.io), has brought books to the blockchain with the launch of its first eBook, the Gutenberg Bible - in recognition of the printing press technology created by Johannes Gutenberg.
Cryptocurrency startup Coinfeeds raises $2m seed round, launches Web3 community monitoring app
Coinfeeds announced that it has raised a $2 million seed round led by FTX Ventures, Coinbase Ventures, Protocol Labs (IPFS / Filecoin), Huobi Ventures, and startup accelerator Y Combinator.
Fintech startup CoinFlip raises $1m initiative to support emerging Web 3.0 startups
CoinFlip, a fintech company powered by cryptocurrency, announced the launch of CoinFlip Ventures, a new initiative that will support Web 3.0 based startup companies.
Singapore-based music startup SpiderVille raises $1m pre-seed funding to accelerate Web3 music adoption
SpiderVille, a Singapore-based Web3 music startup, announced it has raised a $1 million pre-seed round from Contents Technologies, Samsung Next, and other notable angel investors.
Magic Eden launches Magic Ventures to focus on Web3 gaming investments
Magic Eden, the destination for NFTs, announced the launch of Magic Ventures, a venture arm that will focus on investing in Web3 games.
Uganda entrepreneurs bet on fish project to boost incomes
To help communities reduce their post-harvest losses and access a more reliable supply of processed fish products.
Ugandan fintech platform Tugende closes pre-Series B investment round to accelerate growth
Tugende, the East African fintech platform providing asset financing and digital services to small businesses, announced it has raised a pre-Series B investment round led by current shareholder Partech Africa.
Tallinn-based NFTPort raises $26m Series A round to become the leading NFT infrastructure
Estonia's NFTPort announced the closing of a $26 million Series A funding round co-led by Taavet+Sten, the investment vehicle of Taavet Hinrikus and Sten Tamkivi, and Atomico.
Taiwanese social CRM startup GoSky AI completes undisclosed seed funding round
Taipei-based social CRM startup GoSky AI announced the completion of an undisclosed seed funding round led by 500 Global venture capital firm.
Ugandan fintech startup Eversend rebrands, announces new features
Eversend, a Ugandan fintech startup providing cross-border money transfers for Africans and Africans in the diaspora has rebranded, to reinforce its commitment to users with an all-inclusive payment platform and a modified look to support this transition.
FTX Ventures leads $5m seed round for NFT trust layer Doppel
Doppel, a real-time, cross-chain monitoring service for detecting NFT fraud and counterfeits, announced the close of a $5 million seed investment round led by FTX Ventures.
London-based Bundlr Network raises $5.2m seed round to build an easier, faster way to store data on web3
Bundlr Network, a decentralized platform that makes it fast and easy to store data on web3, has raised a $5.2 million seed round co-led by Framework Ventures.
Austin entrepreneurs launch new crypto cybersecurity startup, CryptoArmor
Austin-based entrepreneurs Grant Mitterlehner and Brendon Kelley are together forming a new startup, CryptoArmor, to build security tailored for crypto, NFT, and metaverse companies.
Twitch Co-founder raises $35m seed round for Fractal, a new marketplace for gaming NFTs
Fractal, a new marketplace for gaming NFTs founded by Justin Kan, the Co-founder of Twitch, announced a $35 million seed round led by Paradigm and Multicoin Capital with with participation from Andreessen Horowitz.
Uganda is the happiest country in East Africa, Happiness Index
Uganda topped the position as the happiest country in the East African Region while Tanzania dropped further to position 139 compared to position 94 the previous year.
Singapore-based game-fi blockchain startup Ethlas raises $2.7m seed funding round
Singapore-based game finance (game-fi) blockchain startup, Ethlas, announced it has secured $2.7 million in seed funding from investors such as Sequoia Capital India and Yield Guild Games Southeast Asia.
Crypto investment firm Hartmann Capital launches $30m Metaverse Fund
Hartmann Capital, a four-year veteran in crypto asset management, announced the launch of its second fund specialized in exclusively investing into the Metaverse.
Bank of Uganda grants Yo-Uganda Limited Payment System Operator License
Among the provisions of the National Payment Systems Act, 2020 is a requirement for all payment system operators to apply for and qualify for licensing after having satisfied a meticulous process applied by the Central Bank.
Toronto-based mobility startup Treepz expands to East Africa, acquires Uganda's Ugabus
In a bid to digitize the public transportation system and provide safer, reliable and comfortable commute options across Africa, Toronto-based shared mobility company Treepz, announced its acquisition of a similar Ugandan bus company Ugabus.
afriQloud and whitesky.cloud have put the foundation in place for a federated EMEA cloud infrastructure
In partnership with the European company whitesky.cloud, afriQloud has designed a completely new architecture for affordable and local cloud services.
Ugandan fintech startup Fin-e Innovations raises $300,000 to bridge funding gap of African energy SMEs
Fin-e Innovations, a fintech start-up based in Uganda, has closed pre-seed funding of $300,000 from an undisclosed party in the United States.
Legatum Center launches inaugural Legatum Foundry Fellowship for entrepreneurs in Africa
At an inflection point in their entrepreneurial journeys, Fellows will learn from MIT faculty, connect with investors, and expand their network of peer innovators.
[Startup Interview] Marvin Akankwasa, CEO, Social Lend Africa, Uganda
Social Lend Africa is a Uganda-based financial technology company that facilitates transactions between micro-lenders and small business owners on its web and mobile app
Insurtech startup OKO raises $1.2m to bring innovative insurance to smallholder farmers across Africa
OKO, an insurtech startup that provides inclusive agricultural insurance to secure farmers’ income across Africa, closed a seed investment round of $1.2 million, led by Newfund and ResiliAnce.
Verdant Capital raises $9.9 million financing for East African tech enabled MSME lender Tugende
Pan African specialist investment financial institution Verdant Capital has raised $9.9 million Series A equity capital for Tugende, a technology enabled MSME lender in East Africa.
Insurtech startup Curacel secures $450K pre-seed funding to drive insurance inclusion in Africa
Curacel, an AI-powered platform for claims processing and fraud management in Africa, raised a $450,000 pre-seed funding in a round led by Atlantica Ventures and Consonance.
[Startup Interview] Prof.Yakubu Makeri, Founder, ICYDT, Uganda
International Center for Youth Development on Technopreneurship, ICYDT, is a Uganda startup working on skills development and reduction of poverty among the youth using information technology. The institution’s founder Prof. Yakubu Makeri explains the startup’s business model and plans to launch an online university.
[Startup Interview] Ian Sendagala, CEO, eFoods Trade, Uganda
eFoods Trade is an African online B2B marketplace connecting African foods to the global markets. The platform targets food importers, exporters, distributors, and manufacturers. Ian Sendagala the CEO explains.
[Startup Interview] Julius Masaba, Co-Founder, Ablestate, Uganda
Ablestate, a Ugandan startup works with businesses to point them to the right software developers while offering digital training to institutions of higher learning. In the process the startup is addresings youth unemployment in the East African nation.
[Startup Interview] Gyaviira Tumushabe, Co-Founder, Firm Tours and Safaris, Uganda
Gyaviira Tumushabe is a co-founder of Firm Tours and Safaris, a tourism startup based in Uganda. It offers services include wildlife safaris, mountain gorilla tracking, city tours, organized group tours, school tours cultural and religious tours, all arranged and operated within the bounds of Uganda.
[Startup Interview] Ancel Bwire, CEO, Ancywax, Uganda
Ancywax is a research, media and marketing startup domiciled in Uganda’s capital Kampala that has since 2014 been offering clients a cocktail of services from idea to implementation through a model dubbed Concept Development. Ancel Bwire the CEO elaborates about the startup’s business model and plans moving forward.
Interviews.
[Interview] Marco Limm, Founder and CEO, cre[ai]tion
![[Interview] Marco Limm, Founder and CEO, cre[ai]tion](https://www.startup-weekly.com/connectors/images/Marco_Limm_cre[ai]tion_Startup_Weekly.jpg.png)
Marco Limm is the Founder and CEO of Frankfurt-based Cre[ai]tion, an AI-powered tool that allows any type of fashion, automotive, footwear, and jewelry designer to create designs and products through an easy-to-use...read more here
[Interview] Fedir Kompaniiets, CEO, Gart Solutions, Ukraine
![[Interview] Fedir Kompaniiets, CEO, Gart Solutions, Ukraine](assets/images/Fedir_Kompaniiets_Gart%20Solutions_startup_weekly.jpg)
Gart Solutions is a provider of comprehensive DevOps solutions, dedicated to helping businesses streamline their software development processes and achieve operational excellence. The company has worked with...read more here
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here