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RevRoad Capital raises $61m to scale early stage startups in Utah
RevRoad Capital announced a $61 million final close of its first fund.
Insurtech startup QuoteWell comes out of stealth, raises $15m Series A funding round
QuoteWell has announced the launch of its brokerage operations.
xtype secures $10.8m funding to amplify its impact in the ServiceNow market amidst soaring demand
xtype, the agile software delivery company, has secured $10.8m additional funding.
Quantum Systems secures €63.6m to bolster European resilience through aerial intelligence
Quantum Systems has announced the completion of €63.6m Series B funding.
Dublin-based Kota raises €5m to enable employers to cover employees’ benefits
Kota, an all-in-one platform to automate insurance, has raised €5m seed round.
Circu Li-ion receives €8.5m seed funding to automate sustainable battery recycling
Circu Li-ion has announced the closing of a €8.5m seed financing round.
Former JP Morgan exec Jeremy Balkin launches innovative payment solution TodayPay
TodayPay has emerged from stealth mode to unveil payment technology solution.
Cecilian Partners secures growth funding from Dallas-based VC firm Perot Jain
Cecilian Partners has secured growth capital from Dallas-based VC firm Perot Jain.
Estonian startup Bisly raises €3.6m for energy-saving building automation in EU
Bisly has closed a €3.6 million round of fundraising.
RespirAI partners with Mayo Clinic to develop AI respiratory platform
RespirAI Medical has entered into a collaboration with Mayo Clinic for developing a wearable AI-based home monitoring platform for respiratory diseases.
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.
Roofing technology startup Roofr raises $23.5m to build end-to-end roofing software
Roofr, a roofing technology startup, has raised $23.5m in funding.
Paris-based startup Hivebrite secures $37m to expand global community engagement platform
Hivebrite has raised a $37m Series B funding round.
Stockholm-based climate fintech Cloover secures €7m for renewable energy solutions
Cloover has closed an oversubscribed €7 million pre-seed investment round.
Cerebrum Tech secures $1.8m investment to accelerate growth of Generative AI
Cerebrum Tech has secured an investment of $1.8m, valuing the company at $15m.
Cohere taps NetSuite to scale business processes, meet global AI demand
Cohere has selected NetSuite to support its mission to empower enterprises.
Open wealth platform Flanks secures $8m to disrupt the wealth management sector
Flanks, an API for automated wealth services, has secured $8m Series A round.
Reality Defender secures $15m Series A funding to detect text, video and image deepfakes
Reality Defender announced it has raised $15 million in Series A funding.
AI solutions provider Meeranda joins NVIDIA Inception
Meeranda, an AI solutions provider, announced it has joined the NVIDIA Inception.
HeartX Accelerator announces five startups selected for the 2023 program
HeartX has selected five startups that will participate in the 2023 accelerator program.
Edinburgh-based Par Equity launches £100m fund to scale high-growth tech companies
Par Equity has announced the launch of its new venture fund.
German insurtech Getsafe acquires French startup Luko to expand its European presence
Getsafe has entered into an agreement to acquire French insurtech Luko.
EIF and Swedish fintech Invoier boost European SMEs with €58m financing
EIF and Invoier have partnered to provide SMEs with better access to funding.
Trind invests in Spanish startup Webel to expand services marketplace
Webel, the app that brings any service to your doorstep, has raised €2.1m.
Kuramo Capital to invest $150m in women-led startups in Africa
Kuramo Capital Management has announced plans to invest $150m in female-led enterprises.
South African logistics startup Tripplo raises $1.8m funding to scale its operations
Tripplo has closed its seed funding extension round with $1.8m equity investment.
KindWorks.AI raises $1.5m funding to revolutionize workplace culture using proven power of Kindness
KindWorks.AI has closed an oversubscribed pre-seed round over $1.5m.
Mobility startup Treepz launches insurance program for car rentals in Africa
Treepz is introducing an insurance program for car rentals in Africa.
Finnish energy tech startup Capalo AI raises €500K to accelerate growth
Capalo AI has raised €500K funding to further develop its virtual power plant.
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.
Film tech startup KINO Studios secures $2m to reshape the entertainment economics
KINO announced $2m oversubscribed pre-seed funding round.
Bedrock Energy raises $8.5m to decarbonize commercial real estate with geothermal energy
Bedrock Energy has announced $8.5 million in seed capital.
Sony launches Sony Innovation Fund Africa
Sony has launched ''Sony Innovation Fund: Africa" to support the growth of the entertainment businesses in Africa.
Intento secures $8m Series A funding to enhance multilingual GenAI capabilities
Intento announced a $8 million Series A funding round led by Somersault Ventures.
Aclid closes $3.3m seed funding to advance biosecurity and compliance
Aclid announced the closing of an oversubscribed seed financing of $3.3 million.
Swiss healthtech startup CARE appoints Kay Oswald as CEO for U.S. market expansion
CARE has appointed Kay Oswald as the new CEO.
NVCA updates industry standard model legal documents to empower venture community
NVCA has announced significant updates to five of its premier model legal documents.
Workfully raises €1.2m seed round to build the most trusted recruiting experience
Workfully has raised €1.2m seed round to fuel its product growth and expand its team.
French insurtech startup Orus raises €11m funding to expand its services in Europe
French insurtech startup Orus has raised €11 million in Series A funding.
Shakti Ventures dives into femtech sector to elevate women's health
Shakti Ventures is on a mission to invest in revolutionary startups within the femtech industry.
Nebraska startup Dwellr raises $500K pre-seed round to transform the search for senior care
Dwellr has secured $500K in funding led by Move Venture Capital and Invest Nebraska.
Plug and Play announces final batch of startups selected for Silicon Valley programs
Plug and Play has announced the final batch of startups for its Silicon Valley programs.
[Column] Christopher Saul: Kenya’s AI revolution can happen with the IT you already have
AI is set to become the most prolific and impactful technology trend in the world.
Harpie launches Wallet Monitoring tool for crypto investors
Harpie has launched a Wallet Monitoring tool that provides real-time threat detection for crypto wallets.
E-commerce tech platform MarketLeap secures €2.6m to expand brands’ global reach and revenue
MarketLeap has secured €1.5m funding.
Relocalize raises $2.5m seed round to decarbonize food & beverage manufacturing
Relocalize has raised $2.5m in the initial closing of $3.5m seed round.
Vyzer secures $6.3m seed funding to transform wealth management with AI
Vyzer, a digital wealth management platform, has raised a seed round of $6.3m.
Lottie raises £16.35m to confront the social care crisis, elevate the standard of later living
London-based Lottie has raised £16.35m Series A funding round.
Vistry unveils conversational AI platform LumoChat for food commerce
Vistry has announced the launch of its Conversational AI platform, LumoChat.
Fintech startup CrossFund raises additional $1.5m in funding at $47m valuation
Singapore-based fintech startup CrossFund, has raised its fourth funding round.
Gebrüder Weiss provides zero-emission deliveries to end customers in Budapest
Gebrüder Weiss has started to provide zero-emission deliveries to end customers.
Aampe secures $7.5m to accelerate AI-driven customer engagement
Aampe the AI-native user engagement platform, announced a $7.5m pre-series A funding round.
Israeli precision irrigation management startup Treetoscope closes $7m seed round to fuel growth
Treetoscope has closed $7m seed round.
Plug and Play Alberta announces 73 startups for Fall cohort accelerator programs
Plug and Play Alberta has announced 73 startups for the Fall cohort.
Romanian AI startup Creatopy raises $10m to scale its creative automation platform
Creatopy, the AI-driven creative automation platform, has raised $10m Series A funding.
French SaaS firm scnd raises €4m to disrupt the sales of services
scnd, the trailblazing French SaaS solution, announced a €4m funding round backed by 42Cap and Partech.
Startup Wise Guys and EBRD launch Growth Ukraine programme
Startup Wise Guys announced the launch of Growth Ukraine programme.
BFA Global, FSD Africa and IUCN launch Africa Blue Wave to support tech startups
BFA Global, FSD Africa, and IUCN have launched the Africa Blue Wave.
Mews acquires hospitality startup Nomi to accelerate AI guest experiences
Mews has announced its acquisition of Nomi, a Nashville-based hospitality startup.
Canadian e-Commerce inventory platform Centro launches with $2m pre-seed funding round
e-Commerce inventory platform Centro, announced a $2m in pre-seed funding.
Cordis acquires medical device startup MedAlliance at $1.1 billion
Cordis has completed the acquisition of MedAlliance, a Swiss medical device startup.
Swedish fintech Brite Payments raises $60m to accelerate instant bank payments across Europe
Brite Payments has announced a $60m funding round.
Japanese semiconductor firm EdgeCortix closes $20m to accelerate AI capabilities
EdgeCortix announced the closing of a $20m funding round.
At One Ventures launches $375m climate tech fund
At One Ventures announced the close of a $375m second fund.
Insurtech startup Allium secures $750k funding to revolutionize insurance data analytics
Allium Data announced the close of $750k pre-seed funding round.
Epson opens call for third Innovation Challenge for startups and developers
Epson is expanding its third Innovation Challenge for developers and startups.
Copenhagen-based platform Marts secures €1.75m to launch the OS for IT management
Copenhagen-based IT management platform Marts, has secured €1.75m funding.
Stanley Capital Partners announces first resource efficiency investment with Roboyo
Stanley Capital Partners has announced a strategic investment in Roboyo.
London-based startup Unitary raises $15m for AI-driven content moderation
Unitary has raised $15m in a Series A round to scale its AI video classification technology.
Providence unveils its fourth incubated technology Praia Health
Providence announced that Praia Health is the next incubated technology.
Magnitude Digital launches grant program to offer growth marketing services to startups
Magnitude Digital is launching the Magnitude Digital Startup Grant.
Applied Ventures selects seven deeptech startups to transform disruptive possibilities into reality
Applied Ventures selected seven deeptech startups during its fourth cohort program.
Cardata raises $100m capital to accelerate growth in product innovation
Cardata has announced a new round of growth investment.
MeetingPackage raises $4.6m to boost European growth, forge into the North American market
MeetingPackage has secured a $4.6m Series A round.
CENTA platform crosses 1m, becomes world's largest community of teachers
Centre for Teacher Accreditation recently launched its enhanced native app, CENTA.
Prompt AI raises $5m seed funding to revolutionize computer vision
Prompt AI, a startup harnessing the power of large language models to democratize access to computer vision, raised $5m seed funding.
Liviri launches independent e-Grocer grant program
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
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
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
Haul247 has raised $3 million in a seed funding round.
Global trends in supply chain finance, Plug and Play
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.
Logistics SaaS startup BlueCargo raises $11m to make containers flow faster through US Port terminals
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.
Terminal49 secures $6.5m Series A to power ocean freight visibility and automation
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
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
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
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
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
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
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
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
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
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
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
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
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.
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
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
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
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'
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
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
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
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
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
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
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
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.
Interviews.
[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
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here