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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3832361 | Tags:









Liviri launches independent e-Grocer grant program
Published: 01-09-2023 | 11:14:00 | By: Pie Kamau
Liviri is launching its first-ever e-Grocer grant program – an initiative that will award resources to an independent grocer.


Tech Square Ventures leads investment in cartonization platform, Paccurate
Published: 15-08-2023 | 10:43:00 | By: Pie Kamau
Paccurate announced the closing of $3.5m round led by Tech Square Ventures.


Cargo airline startup Ribbit signs $1.3m to test autonomous flights in Canada
Published: 07-07-2023 | 14:31:00 | By: Pie Kamau
Ribbit has signed a $1.3m to test autonomous flights across northern Canada.


Haul247 secures $3m seed funding to drive innovation in Africa’s logistics industry
Published: 16-06-2023 | 15:07:00 | By: Pie Kamau
Haul247 has raised $3 million in a seed funding round.


Global trends in supply chain finance, Plug and Play
Published: 24-03-2023 | 13:02:00 | By: Pie Kamau
According to the World Supply Chain Finance Report 2022, supply chain finance fund volumes showed a significant increase in 2021 over 2020 as the global volume rose by 38% to $1.8 billion and funds in use by 41% to $713 billion.


[Interview] Fedir Ted Martynov, CEO, CARMACHAIN, Nigeria
Published: 28-02-2023 | 14:16:00 | By: Pie Kamau
Ted Martynov leads CARMACHAIN, a fintech outfit operating in Nigeria that enables credit data for lenders in markets underserved by credit bureaus.


SEAC Thailand launches 456 Smart Learning Ecosystem to upskills learners
Published: 28-02-2023 | 13:56:00 | By: Pie Kamau
SEAC, Southeast Asia's SMART learning pioneer, launched its 456 Smart Learning Ecosystem to address the slow rate at which the education and training industries are evolving their learning approaches.


[Column] Cathy Smith: With change the only constant, leaders will need to be adaptive in 2023
Published: 28-02-2023 | 13:44:00 | By: Pie Kamau
The last few years have revealed the futility of making predictions about what lies ahead. In our uncertain times, the only guarantee is that the world will keep changing, with change coming at an ever-accelerating rate.


Hong Kong insurtech startup Bowtie revolutionalizes traditional insurance industry with technology
Published: 28-02-2023 | 12:44:00 | By: Pie Kamau
In today’s digital age, many industries have begun to introduce emerging technologies to develop innovative services. The transformation and upgrading of the insurance industry is also in full swing.


South African healthtech startup Envisionit raises $1.65m to expand access to medical imaging
Published: 28-02-2023 | 12:20:00 | By: Pie Kamau
Envisionit Deep AI, a South African healthtech startup that uses AI to bridge the gap in diagnostic imaging, has raised $1.65 million to expand access to medical imaging.


[Column] Dumisani Moyo: Navigating the winds of change in a digital-first world
Published: 24-02-2023 | 15:37:00 | By: Pie Kamau
Business leaders are facing an increasingly disruptive business environment, driven by supply chain constraints, critical skills shortages, hyperinflation, slowing economic growth, and persistent energy challenges, to name a few.


[Column] Chester Wisniewski: Artificial Intelligence now a match for natural ignorance
Published: 24-02-2023 | 15:32:00 | By: Pie Kamau
End-user security training has traditionally been an important aspect of cybersecurity efforts, as it aims to educate and empower employees to identify and prevent potential threats. 


Steph Curry's SC30 joins Simplicity, Silicon Valley AI-driven startup building super app for cities
Published: 24-02-2023 | 15:25:00 | By: Pie Kamau
Simplicity, the platform revolutionizing the way residents connect with their cities, announced that four-time NBA Champion and two-time MVP Stephen (Steph) Curry's SC30, has joined forces with the platform.


Logistics SaaS startup BlueCargo raises $11m to make containers flow faster through US Port terminals
Published: 24-02-2023 | 14:49:00 | By: Pie Kamau
BlueCargo, the logistics SaaS platform that optimizes the entire container workflow from port to warehouse, announced it has raised $11 million in new funding led by Soma Capital and Left Lane Capital.


Generative AI startup Autobound raises $4m to make writing personalized sales emails easy
Published: 24-02-2023 | 13:41:00 | By: Pie Kamau
Emerging startup Autobound, is announcing $4 million in funding to automate the tedious workflow of writing personalized sales emails.


[Column] Didi Onwu: Understanding youth entrepreneurship in Kenya - why fintech is an attractive sector
Published: 23-02-2023 | 14:59:00 | By: Pie Kamau
Boasting one of the fastest-growing economies in Africa, Kenya is on the rise to become a powerhouse of innovation on the continent. This is largely in part due to the country’s thriving culture of entrepreneurship and its significant startup ecosystem.


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


Indian SaaS startup Mintoak raises $20m Series A funding round to grow its product portfolio
Published: 23-02-2023 | 14:03:00 | By: Pie Kamau
Mintoak, an India-based software-as-a-service (SaaS) platform focused on merchant services, has raised $20 million in Series A funding round led by PayPal Ventures.


South African car subscription startup Planet42 raises $100m to break car accessibility barriers
Published: 23-02-2023 | 13:45:00 | By: Pie Kamau
South African car subscription startup Planet42 has raised $100 million in combined equity and debt funding.


AfricaGoGreen Fund secures $47m to support tech-focused green projects in Africa
Published: 23-02-2023 | 13:30:00 | By: Pie Kamau
The AfricaGoGreen Fund (AGGF) has raised $47 million in combined investments from top financial organizations, including the IFC, AfDB, the Nordic Development Fund (NDF), and the Sustainable Energy Fund for Africa (SEFA).


Decentralized finance companies are shifting from centralization, Plug and Play
Published: 22-02-2023 | 14:25:00 | By: Pie Kamau
Decentralized finance, commonly referred to as DeFi, is an emerging technology aimed at building a new financial system that is open to everyone and does not depend on traditional financial intermediaries, such as banks, lenders, etc.


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


[Column] Anna Collard: ChatGPT: What cybersecurity dangers lurk behind this impressive new technology?
Published: 22-02-2023 | 13:38:00 | By: Pie Kamau
It is now possible to use a publicly available artificial chatbot to generate a complete infection chain, possibly beginning with a spear phishing email written in entirely convincing, human-like language.


Bristol-based tech startup Deazy appoints Freya Wordsworth as new Partnerships Manager
Published: 22-02-2023 | 13:15:00 | By: Pie Kamau
Developer marketplace platform Deazy, has appointed Freya Wordsworth as the new Partnerships Manager, as part of a growth push for 2023 that will see the Bristol-based tech firm build a partnership eco-system.


London-based Ocean 14 Capital receives €30m to back marine innovators saving the seas
Published: 22-02-2023 | 13:02:00 | By: Pie Kamau
Ocean 14 Capital fund has received an investment of €30 million from Ingka Investments to support its mission of funding sustainable solutions to improve ocean health.


[Interview] Mikhail Marchenko, Co-founder, JuicyScore, Kenya
Published: 21-02-2023 | 10:57:00 | By: Pie Kamau
Mikhail Marchenko is the Co-founder of JuicyScore, which recently launched its operations in Kenya. JuicyScore offers anti-fraud and risk management solutions to digital lenders, insurance companies, e-commerce and classifieds.


[Interview] David Galadima, Founder, Graemoh Foods, Nigeria
Published: 21-02-2023 | 10:45:00 | By: Pie Kamau
Passionate about sustainable agriculture, aquaculture and food security in Africa, David Galadima is the Founder of fast growing agriculture and processing company, Graemoh Foods, operating out of the northern state of Kaduna, Nigeria.


Bolt announces plans to expand services in Africa with €500m investment
Published: 21-02-2023 | 10:27:00 | By: Pie Kamau
Bolt has announced plans to invest €500 million to enhance its operations across Africa over the next two years.


CcHUB launches $15m accelerator for edtech startups in Kenya and Nigeria
Published: 21-02-2023 | 10:16:00 | By: Pie Kamau
Co-Creation Hub (CcHUB), touted as Africa’s largest innovation and incubation hub, announced it is launching a $15 million accelerator program for targeting edtech startups.


Agritech startup IngredientWerks announces successful completion of seed round funding
Published: 21-02-2023 | 10:08:00 | By: Pie Kamau
IngredientWerks, an ag-tech ingredient company developing high value plant-based proteins for the alternative protein markets, announced it has secured its seed round of funding.


eDRV raises seed round to accelerate an interconnected EV charging ecosystem
Published: 21-02-2023 | 08:57:00 | By: Pie Kamau
eDRV, an API-first electric vehicle (EV) charging management solution used at over 7,500 charging locations globally, announced it has closed on a seed funding round.


SC Ventures partners with Yabx to expand access to financial services in Africa
Published: 20-02-2023 | 14:30:00 | By: Pie Kamau
SC Ventures announced it has entered into a Memorandum of Understanding (MoU) with Yabx , a company incubated by Comviva and part of the Mahindra Group, to address a deep need for responsible consumer finance in Africa.


To stay competitive, startups must combat gender diversity debt, study
Published: 17-02-2023 | 10:25:00 | By: Pie Kamau
Entrepreneurship is booming, but women are underrepresented among its founders, investors and employees. A recent study investigates entrepreneurship's gender "diversity debt," a demographic disparity that can be difficult and costly to remedy.


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


IFC, DEG, Hollard, and Yellowwoods invest in South African insurtech startup Naked to boost insurance accessibility
Published: 17-02-2023 | 09:54:00 | By: Pie Kamau
IFC, the German Development Finance Institution (DEG), Hollard, and Yellowwoods, jointly announced an investment in South African insurtech company Naked to expand access to insurance products.


Next-gen self storage startup Stuf secures $11m Series A funding to accelerate growth
Published: 17-02-2023 | 09:25:00 | By: Pie Kamau
Stuf, a next-generation self storage startup, announced it has closed an $11 million Series A financing round led by Altos Ventures and Allegion Ventures, with participation from existing investors, Wilshire Lane Capital and Harlem Capital.


Customer intelligence and marketing CRM platform Gameball raises $3.5m seed round for international expansion
Published: 17-02-2023 | 08:15:00 | By: Pie Kamau
Gameball, the all-in-one customer intelligence and marketing CRM platform for consumer brands, has announced the completion of a $3.5 million fundraise to accelerate its international expansion.


Insurtech startup Lami joins forces with Unchorlight to provide insurance covers for Boda Boda riders in Kenya
Published: 17-02-2023 | 07:59:18 | By: Pie Kamau
Digital insurance provider Lami Technologies is partnering with Unchorlight Kenya (UNK), to provide boda boda riders in the country with access to suitable and reliable insurance covers. 


Spanish EV charging operator Zunder receives €40m from the EIB to accelerate electrification of road transport
Published: 16-02-2023 | 13:34:00 | By: Pie Kamau
The EIB and Zunder, an independent ultra-fast charging infrastructure operator for electric vehicles (EVs) in Spain, have signed a loan of €40 million in order to finance the installation of a network of fast chargers.


Founders of Spatial analytics startup Spatio Metrics join Outer Labs to accelerate data-driven real estate solutions
Published: 16-02-2023 | 13:11:00 | By: Pie Kamau
Sonal Singh Goldstein and Jim Peraino, Founders of Spatial analytics startup Spatio Metrics, are joining Outer Labs, a company that helps real estate owners develop technology.


Kenyan fintech startup Power Financial raises $3m seed funding to accelerate growth
Published: 16-02-2023 | 12:37:00 | By: Pie Kamau
Power Financial Wellness, a Kenyan fintech startup that seeks to advance the financial well-being of its customers has secured a $3 million seed funding.


Identity verification platform Smile Identity raises $20m funding for Pan-African expansion
Published: 16-02-2023 | 11:56:00 | By: Pie Kamau
Smile Identity, Africa's Know Your Customer (KYC) onboarding and identity verification platform, announced the successful completion of its Series B funding round, raising $20 million.


Authentication startup Descope launches from stealth with $53m seed funding to trailblaze a passwordless future for all
Published: 16-02-2023 | 11:33:00 | By: Pie Kamau
Descope announced it has raised $53 million in seed funding and emerged from stealth to launch a frictionless, secure, and developer-friendly authentication and user management platform.


Insurtech startup OpenEyes emerges from stealth with $23m Series A funding
Published: 15-02-2023 | 14:14:00 | By: Pie Kamau
OpenEyes, an insurtech company serving commercial automotive fleets, today emerged from stealth with $18 million in Series A funding led by global software investor Insight Partners and Pitango First.


Amsterdam-based mobility startup Transferz raises €6.5m for its sustainable and reliable ground transportation solutions
Published: 15-02-2023 | 13:32:00 | By: Pie Kamau
Transferz, the Amsterdam-based B2B mobility platform in pre-booked ground transportation, announced a successful €6.5 million fundraising round led by a consortium of individual business angels.


Battery startup NanoGraf raises $65m Series B to scale North American production of silicon anode products
Published: 15-02-2023 | 12:22:00 | By: Pie Kamau
NanoGraf, an advanced battery materials company and enabler of the world’s most energy-dense lithium-ion 18650 cell, announced it has raised $65 million in an oversubscribed Series B funding round.


London-based digital health startup Syndi raises £1.65m to build its AI-driven wellbeing support platform
Published: 15-02-2023 | 12:02:00 | By: Pie Kamau
Syndi Health, a startup providing a digital infrastructure to offer personalised and effective digital health support within organisations, has raised £1.65 million ($2 million), in equity and grant funding.


Acceldata raises $50m Series C funding to expand market leadership and product innovation in data observability
Published: 15-02-2023 | 11:39:00 | By: Pie Kamau
Acceldata, the market leader in data observability, has raised $50 million in Series C funding. This latest round of funding was led by March Capital, with additional investment from Sanabil Investments.


Predicta Med raises investment from CerraCap Ventures to support its early detection, intervention of chronic diseases platform
Published: 14-02-2023 | 09:53:00 | By: Pie Kamau
Venture Capital fund CerraCap Ventures, announced a strategic investment in Predicta Med, an early-growth startup helping medical clinics and institutions identify and work-up immune-related diseases earlier.


Y Combinator-backed Crew raises $2.3m to launch first all-in-one recruiting CRM
Published: 14-02-2023 | 09:26:00 | By: Pie Kamau
After 18 months of restricted beta access, Crew, a Parisian all-in-one recruiting CRM for teams solution, announced the launch of its product in self-serve and a $2.3 million seed funding round through a strategic approach.


London-based TDGA secures NewMedia Holding as lead investor in $20m seed round
Published: 14-02-2023 | 09:07:00 | By: Pie Kamau
London-based TDGA, the owner of the biggest brand in Space Media today, Space Hero, announced a $20 million seed round.


Novel Capital, Pipeline Entrepreneurs partner to make non-dilutive capital more accessible to Midwest startups
Published: 14-02-2023 | 08:44:00 | By: Pie Kamau
Novel Capital, the fintech Growth Platform that helps B2B businesses accelerate their growth, announced a partnership with Pipeline Entrepreneurs to make non-dilutive capital more accessible to Midwest startups.


[Interview] Seyi J. Matanmi, Founder, Hosteet, Nigeria
Published: 13-02-2023 | 11:21:00 | By: Pie Kamau
Seyi J. Matanmi is a technology product developer and entrepreneur. Educated in software development, research and analytics, he currently leads the cloud services outfit, Hosteet, operating out of Lagos, Nigeria.


Tech startup Uspace fills the gap in web marketing missing from main street small business
Published: 13-02-2023 | 10:53:00 | By: Pie Kamau
Recent advertising by e-Commerce giants Go Daddy, Shopify, Wix and others would have the public believe that anybody can build and launch a moneymaking website with little time and effort.


Nigerian fintech startup Trade Lenda raises $520K in pre-seed round to accelerate growth
Published: 13-02-2023 | 10:03:00 | By: Pie Kamau
Trade Lenda, a Nigerian fintech startup that helps micro, small, and informal retailers with access to financing for their business needs, has raised $520K in pre-seed funding to speed its growth.


CampX by Volvo Group opens new Incubator track for startups to accelerate sustainable mobility innovations
Published: 13-02-2023 | 09:45:00 | By: Pie Kamau
More than 50 startups have developed their ideas at CampX, the global collaboration hub for innovations by Volvo Group.


Saudi Arabian HR tech startup Palm.hr raises $5m pre-Series A round to expand across the MENA region
Published: 13-02-2023 | 09:31:00 | By: Pie Kamau
Palm.hr, a Saudi Arabian HR firm that automates payroll, tracks leaves and absences and monitors employee performance, announced it has secured $5 million in a pre-Series A round.


Rembrand raises $8m seed round to scale AI product placement for video
Published: 10-02-2023 | 09:39:00 | By: Pie Kamau
Rembrand, the revolutionary AI product placement platform that embeds photo-realistic products into digital videos, announced a $8 million seed round and the upcoming launch of their beta platform.


Israeli foodtech startup Meala secures $1.9m pre-seed round to improve plant-based foods
Published: 10-02-2023 | 09:24:00 | By: Pie Kamau
Startup Meala FoodTech, the developer of a functional protein platform, announced the close of $1.9 million in pre-seed investment. The round was led by The Kitchen FoodTech Hub.


IDTechEx explores nine startups innovating polymer additive manufacturing
Published: 10-02-2023 | 09:02:00 | By: Pie Kamau
Essential to understanding the evolution of the polymer 3D printing industry is exploring the change from low-cost printing technologies and materials to the slow growth and adoption of innovative polymer printing technologies.


Africa’s mobility startup eWaka secures $540K loan from SECO to accelerate growth
Published: 10-02-2023 | 08:40:00 | By: Pie Kamau
Kenyan mobility solutions provider eWaka has secured a $540K loan from the State Secretariat for Economic Affairs (SECO) of the Swiss Confederation.


Partech Africa II reaches first close at €245m, above target fund size
Published: 08-02-2023 | 11:02:00 | By: Pie Kamau
Partech, the global technology investment firm, announced the first closing of Partech Africa II at €245 million, already above the target fund size.


Seven African startups to receive $385k to develop solutions for the blue economy
Published: 08-02-2023 | 10:42:00 | By: Pie Kamau
Climate resilience venture launcher Triggering Exponential Climate Action (TECA), has announced the selection of seven African startups to each receive $55,000 in funding to advance their solutions for the blue economy across the continent.


Canadian healthtech startup The Rounds closes $6.7m Series A funding to accelerate growth
Published: 08-02-2023 | 10:35:00 | By: Pie Kamau
The Rounds, a Canadian healthcare tech startup, announced the successful close of its Series A round with two follow-on investments totaling $1.6 million CAD from Panoramic Ventures.


Metal 3D printing startup Fabric8Labs closes $50m Series B financing for electrochemical additive manufacturing technology
Published: 08-02-2023 | 10:17:00 | By: Pie Kamau
Fabric8Labs, pioneer of electrochemical additive manufacturing, announced the close of a $50 million Series B investment round led by New Enterprise Associates (NEA).


Building construction startup Boxabl unveils the home of the future
Published: 08-02-2023 | 09:42:00 | By: Pie Kamau
Boxabl, the innovator in building systems, made a huge impact at this year's International Builders' Show (IBS) with its two-story building display.


Kenyan government drops fraud charges against Nigerian fintech Flutterwave
Published: 08-02-2023 | 09:33:00 | By: Pie Kamau
The Kenyan government has dropped charges of financial impropriety against Flutterwave, according to a new report by Bloomberg.


South African grocery delivery startup Yebo Fresh raises 4.5m pre-Series A funding to fuel expansion
Published: 06-02-2023 | 15:15:00 | By: Pie Kamau
Yebo Fresh, a South African grocery delivery startup has raised $4.5m in a pre-series A equity funding round.


Spanish fintech startup Snab closes €1.1m investment round to grow its B2B payments platform
Published: 06-02-2023 | 14:56:00 | By: Pie Kamau
Snab, the Spanish payment platform that allows payments and transfers between companies in one click, has raised €1.1 million in its first funding round.


South African digital lender Lulalend raises $35m Series B funding to accelerate growth
Published: 06-02-2023 | 14:32:00 | By: Pie Kamau
Lulalend, a South African digital lender offering funding options for businesses. has raised $35 million in Series B funding to accelerate the growth of its loan book and bring new solutions to the market.


Anthropic forges partnership with Google Cloud to help deliver reliable and responsible AI
Published: 06-02-2023 | 14:19:00 | By: Pie Kamau
Google Cloud announced a new partnership with Anthropic, an AI startup focused on safety and research. Anthropic has selected Google Cloud as its preferred cloud provider.


Finance software startup Quartr signs API deal with Nordnet to enhance informed investment decisions
Published: 06-02-2023 | 12:15:00 | By: Pie Kamau
Finance software startup Quartr signed an API deal with Nordnet, the online broker in the Nordic region, reaching almost two million customers.


[Column] Xiao Feng: The 10 principles of Web3
Published: 03-02-2023 | 12:52:00 | By: Pie Kamau
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.


Ingredient biotech startup Michroma closes $6.4m seed round to bring novel food coloring to market
Published: 03-02-2023 | 12:38:00 | By: Pie Kamau
Michroma, a precision fermentation food ingredient startup, announced it has closed $6.4 million in seed financing, to fast-track the company's commercialization of sustainable natural colorants.


Bangladeshi B2B commerce platform ShopUp secures $30m debt financing to fuel expansion, strengthen supply chain operations
Published: 03-02-2023 | 11:40:00 | By: Pie Kamau
ShopUp, a full-stack B2B commerce platform in Bangladesh, announced it has secured $30 million in debt financing, to drive expansion efforts and strengthen the company's supply chain operations.


22 Milken-Motsepe Prize in AgriTech finalists push to the finish
Published: 03-02-2023 | 11:16:00 | By: Pie Kamau
The Milken Institute and the Motsepe Foundation, kicked off the final phase of the Milken-Motsepe Prize in AgriTech.


Panoramic Ventures welcomes Christy Johnson as General Partner and Chief Performance Officer
Published: 03-02-2023 | 10:40:00 | By: Pie Kamau
Panoramic Ventures, a venture capital firm based in Atlanta that partners with extraordinary founders to build category-leading companies, has welcomed Christy Johnson as General Partner and Chief Performance Officer (CPO).


AI-focused customer communications app Yobi raises $2.37m seed funding to accelerate growth
Published: 03-02-2023 | 10:29:00 | By: Pie Kamau
Yobi, the AI-focused customer communications app catering specifically to the small business community, announced it has raised a total of $2.37 million as part of its oversubscribed seed round.


French hydrogen startup HySiLabs raises €13m Series A funding to accelerate growth
Published: 02-02-2023 | 13:16:00 | By: Pie Kamau
HySiLabs, the novel hydrogen transport and storage technology developer, announced €13 million Series A financing led by Equinor Ventures, and joined by the European Innovation Council Fund, EDP Ventures and PLD Automobile.


12 African startups selected for Techstars Accelerator program in Lagos, Nigeria
Published: 02-02-2023 | 12:49:00 | By: Pie Kamau
ARM Labs Lagos Techstars Accelerator, a Lagos-based program to build early-stage African fintech and proptech startups has announced its inaugural class. The cohort is made up of ten Nigerian and two Kenyan startups, with 50% female CEOs. 


Google opens new accelerator program for women founders in Africa
Published: 02-02-2023 | 12:22:00 | By: Pie Kamau
Google has announced an accelerator program aimed at providing resources and opportunities for women founders in Africa.


Deep-tech startup KrossLinker develops cost-effective aerogel insulation to accelerate energy efficiency adoption
Published: 02-02-2023 | 12:08:00 | By: Pie Kamau
KrossLinker, an energy-efficiency-focused deep-tech advanced material startup, is designing and developing the world's most insulating nanomaterial, aerogel, that is low-cost, environmentally friendly, and scalable.


Kenyan rural Internet Service Provider Mawingu raises $9m to scale its operations across the country
Published: 02-02-2023 | 11:33:00 | By: Pie Kamau
Rural Internet Service Provider (ISP), Mawingu has raised $9 million in Series B funding to scale its operations across Kenya.


Spotcovery, serving as a bridge between African Americans and Africans, launches optimization tool on site
Published: 01-02-2023 | 14:22:00 | By: Pie Kamau
Spotcovery, the innovative media platform that connects descendants of the African continent while promoting culture, creativity, entrepreneurship and economic growth, has launched the Slickstream optimization tool.


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


Portuguese startup Coverflex closes €15m Series A round to expand its Compensation OS in Europe
Published: 01-02-2023 | 11:57:00 | By: Pie Kamau
Portuguese startup Coverflex closed €15m Series A round, to expand its Compensation OS in yet another European market, the Italian one!


TBD Health raises $4.4m seed round to expand its hybrid sexual healthcare offerings
Published: 01-02-2023 | 11:35:00 | By: Pie Kamau
TBD Health, a sexual healthcare provider revolutionizing the medical landscape through unparalleled digital and in-person clinical care, announced a $4.4 million seed round.


Squid raises $3.5m to build next-generation cross-chain swaps
Published: 01-02-2023 | 11:09:00 | By: Pie Kamau
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.


Pre-sale home renovation startup Freemodel raises $19.5m Series A funding to expand its service offering
Published: 01-02-2023 | 10:39:00 | By: Pie Kamau
San Francisco Bay Area-based tech-enabled home renovation company Freemodel, announced it has secured a $19.5 million series A investment led by QED Investors.


Cell therapy startup FibroBiologics launches public funding campaign with StartEngine.com
Published: 01-02-2023 | 10:26:00 | By: Pie Kamau
FibroBiologics, a clinical-stage company focused on the development of fibroblast cell-based therapeutics for chronic diseases, launched an online funding campaign with StartEngine, an equity crowdfunding platform.


Terminal49 secures $6.5m Series A to power ocean freight visibility and automation
Published: 24-01-2023 | 13:13:00 | By: Pie Kamau
Terminal49, the ocean freight visibility platform, announced it has secured $6.5 million in Series A funding led by Stage 2 Capital and co-lead by Grand Venture Partners, with follow-on participation from seed stage investors.


Canadian B2B automotive trading startup TRADE X opens new trading facilities in Kenya
Published: 02-12-2022 | 11:56:00 | By: Pie Kamau
TRADE X, a B2B cross-border automotive trading platform based in Ontario, Canada, announced it has opened a new Kenyan trading corridor, which includes both a shared bonded warehouse in Mombasa and an office in Nairobi.


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.


Insurtech Otonomi raises $3.4m to build a first-to-market blockchain-powered parametric cargo platform
Published: 19-10-2022 | 11:02:00 | By: Pie Kamau
Insurtech startup Otonomi announced it has closed a $3.4 million oversubscribed funding round, to build a first-to-market blockchain-powered parametric cargo platform.


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.


ZEBOX America selects new batch of startups to reimagine global logistics and mobility
Published: 25-08-2022 | 10:05:35 | By: Pie Kamau
International startup incubator and accelerator ZEBOX America announced a new cohort of 9 startups, marking a key milestone as the tech hub works to reimagine and revitalize the North American supply chain, logistics, mobility and Industry 4.0 sectors.


UK-based BotsAndUs secures $13m seed financing for its warehouse data intelligence platform with autonomous robots
Published: 27-06-2022 | 13:35:00 | By: Pie Kamau
BotsAndUs, a cutting-edge intelligence and robotics company has secured $13 million in seed funding to expand its logistics-disrupting solution globally.


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


Plug and Play launches $25.5m Supply Chain Fund
Published: 20-04-2022 | 13:41:00 | By: Pie Kamau
The Plug and Play's Supply Chain Innovation Platform announced the closing of Plug and Play Supply Chain Fund I, L.P., a $25.5 million venture capital fund focusing on investments across the end-to-end supply chain.


Nigerian mobility fintech startup Moove raises $105m series A2 round to scale growth
Published: 15-03-2022 | 09:33:00 | By: Pie Kamau
Mobility fintech, Moove, which provides revenue-based financing to mobility entrepreneurs across Africa, has raised $105 million in an oversubscribed Series A2 round consisting of equity and debt.


Canadian tech startup Calico secures $2.1m to revolutionize modern supply chains
Published: 09-03-2022 | 09:50:00 | By: Pie Kamau
Calico, the developer of the first AI-powered smart supply chain management platform, announced it has raised $2 million in seed funding. The growth financing is led by Serena Ventures following 300% growth since January 2022.


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


On-demand delivery platform Glovo launches pitch competition for early-stage tech startups in Kenya
Published: 03-03-2022 | 12:53:00 | By: Pie Kamau
On-demand delivery platform Glovo has launched a pitch competition targeting early-stage tech startups in Kenya that are delivering value to SMEs.


Israeli logistics startup PrettyDamnQuick raises $6m seed round to expand growth in the U.S.
Published: 28-02-2022 | 13:21:00 | By: Pie Kamau
Israeli e-Commerce startup PrettyDamnQuick, the provider of checkout-to-delivery management platforms for e-Commerce businesses, announced the closing of $6 million seed investment round.


Las Olas Venture Capital invests in Leverage.ai to modernize global supply chains
Published: 15-02-2022 | 11:26:00 | By: Pie Kamau
Las OIas Venture Capital (LOVC), announced its third Fund II investment in Leverage.ai. to modernize the global supply chains.


Pakistani logistics startup Truck It In raises $13m seed round to transform the road freight industry
Published: 04-02-2022 | 11:24:00 | By: Pie Kamau
Pakistan’s logistics tech startup Truck It In closed $13 million seed round jointly led by venture capital firms Global Founders Capital and Fatima Gobi Ventures.


Kenyan logistics startup Amitruck raises $4m seed funding to accelerate digital solutions across Africa
Published: 02-02-2022 | 12:09:00 | By: Pie Kamau
Kenya-based digital trucking logistics startup Amitruck has announced it has secured $4 milllion in a seed funding round that had the participation of investors from Africa, Asia, Europe, the Middle East, and the U.S.


Ivorian e-Commerce startup Afrikrea raises $6.2m pre-Series A funding, rebrands to 'ANKA'
Published: 13-01-2022 | 10:49:00 | By: Pie Kamau
Afrikrea, an Ivorian e-Commerce startup has raised $6.2 million pre-Series A funding round led by Investisseurs & Partenaires. The startup has also rebranded to 'ANKA'.


Israeli logistics AI startup Amphorica partners with Swiss investor Falco Capital to accelerate growth
Published: 18-11-2021 | 09:14:00 | By: Pie Kamau
Falco Capital and Amphorica jointly announced the closing of a capital investment and cooperation agreement. As part of the agreement, Amphorica appoints Falco Capital partner Peter Salzer, as Director of the company's board.


ShipHero opens accelerator program to support emerging e-Commerce startups
Published: 30-09-2021 | 16:50:00 | By: Pie Kamau
ShipHero, the shipping and logistics provider for over 5,000 e-commerce brands and 3PLs, announced a new accelerator program for e-Commerce startups looking to supercharge their businesses with best-in-class warehouse management software.


Perch Mobility startup raises seed funding to accelerate growth
Published: 24-09-2021 | 12:42:58 | By: Pie Kamau
Perch Mobility, the provider of portable charging pods that fuel the micromobility industry, announced the close of its successful seed round funding, which will enable the company to expand coverage into key strategic markets across the U.S.


Chinese warehouse robotics startup HAI ROBOTICS secures $200m funding to accelerate growth
Published: 22-09-2021 | 14:26:00 | By: Pie Kamau
HAI ROBOTICS, a Chinese warehouse robotics startup pioneering in autonomous case-handling robotics (ACR) system, announced it has secured two new continuous rounds of financing, garnering $200-odd million in total.


Energy Distribution startup Fuel Me wins Plug And Play's Supply Chain and Logistics Program
Published: 20-08-2021 | 11:55:00 | By: Pie Kamau
Fuel Me, a cloud-based fuel and energy distributor, was selected from a competition with 100 participating companies, for Plug and Play's "Supply Chain and Logistics Program".


Speedaf express completes Round A+ financing to build China-Africa express brand
Published: 08-06-2021 | 12:32:54 | By: Pie Kamau
Speedaf express, a China-Africa integrated logistics service provider, officially announced the completion of its Round A+ financing, led by TRUSTBRIDGE, followed by Northern Light VENTURE CAPITAL, and VISION+CAPITAL on the basis of Round A.


Logistics startup Logixboard raises $13m Series A funding to power the future of modern freight forwarding
Published: 29-04-2021 | 10:31:00 | By: Pie Kamau
Logixboard, the modern customer experience platform for freight forwarders, closed a $13 million investment led by Redpoint Ventures, with continued participation from Social Leverage, F-Prime Capital, Founders Co-op, Techstars Ventures, and others.