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French startup Kamino Retail raises €1.25m pre-seed round to accelerate growth
Kamino Retail announced a pre-seed funding of €1.25m from business angels.
Swedish tech lender Ark Kapital appoints Annika Falkengren to the Board
The Swedish Ark Kapital has appointed Annika Falkengren to its Board of Directors.
Lumi secures seed funding to revolutionize disposable packaging industry with LumiCup
Lumi announced the closing of its seed funding round.
Biotech startup Deka Biosciences closes $20m to advance product pipeline
Maryland-based biotech company Deka Biosciences, has closed $20m financing.
Israeli AIOps startup Senser launches with $9.5m to disrupt legacy observability technology
Senser has emerged from stealth with $9.5m in seed funding.
South African payments startup Revio raises $5.2 seed round to grow coverage across Africa
Revio has announced a seed investment round of $5.2m.
Healthtech SaaS startup Doceree raises $35m to accelerate growth
Doceree, the global network of physician-only platforms for programmatic messaging, announced a $35m Series B round.
UnitX raises $5m to elevate manufacturing quality with AI-powered defect detection
UnitX has announced a $5m investment from SE Ventures.
LinkedIn names renewable power producer BrightNight as top U.S. startup
BrightNight has been named as top U.S. startup by LinkedIn.
MassChallenge opens call for its 2024 fintech accelerator program
MassChallenge FinTech has opened applications for its sixth fintech accelerator program.
Paris-based startup Ondorse raises €3.8m to expand KYC solution in Europe
Ondorse, a business KYC solution, has raised €3.8m seed round.
Data from 400+ startups indicates massive SVB and FRB fallout on startup banking sector
Kruze Consulting has analyzed banking data from 400+ startups.
AI testing startup Kolena secures $15m Series A investment to accelerate growth
Kolena has secured $15 million in a Series A funding.
SUNeVision launches first startup programme to advance innovations in Hong Kong
SUNeVision has announced the launch of its first startup programme.
Backbase partners with FrankieOne to provide digital onboarding solutions in Australia
Backbase announced its strategic partnership with FrankieOne.
AI-powered startup Giftpack closes $4.3m seed round to streamline corporate gifting
Giftpack AI announced the completion of its seed round led by Chang Hai Lin.
Swedish startup QA.tech raises $1m pre-seed round to revolutionize software testing
Swedish startup QA.tech has raised $1m in pre-seed funding round.
Unlocking the future of drug discovery with AI, BBC Research
BCC's newly released report unveils the extraordinary impact of AI on pharmaceutical and biotech sectors.
Techstars invests in ILUMA AI, the AI copilot for C-levels and team leads
Techstars, a pre-seed and early stage venture capital firm, has announced its investment in ILUMA AI.
Google for Startups Growth Academy: AI for Health unveils the 2023 cohort
The Google for Startups Growth Academy: AI for Health has unveiled its 2023 cohort.
IFC invests in e-Commerce platform ANKA to support Africa’s creative Artisans
IFC has invested $3.4m equity investment in African e-Commerce platform ANKA.
Genus AI secures over $6m seed extension round for Generative AI in e-Commerce
Genus AI, a generative AI platform, has secured over $6m in a seed round extension
Hexagon announces nine startups set to transform manufacturing sustainability and digital reality
Hexagon has announced the nine startups chosen for its third Sixth Sense cohort.
Unitus Ventures, Capria Ventures unite to create Global South VC powerhouse
Unitus Ventures announced it is joining forces with its US affiliate Capria Ventures.
[Column] Sandi de Souza: Why top-performing companies use AI to boost procurement
Leading organisations are augmenting their source-to-pay processes with AI
Flapmax announces 12 African startups selected for FAST Accelerator program
Flapmax announced the twelve companies selected for FAST Accelerator program.
Openvolt raises €1.5m to enable the next generation of energy applications
Openvolt has raised a pre-seed round of €1.5m led by Cavalry Ventures.
Kayna insurtech raises €1m to revolutionize small business insurance
Kayna insurtech has closed a €1m pre-seed funding round.
HealNow secures $5.5m seed funding to transform pharmacy payments experience
HealNow has announced a $5.5m seed round led by Bonfire Ventures.
AI will create more jobs than it replaces, report
Amid rapid digital transformation across the workforce, nearly two-thirds of business leaders believe AI will spur the creation of new jobs.
HiddenLayer raises $50m Series A funding to safeguard AI
HiddenLayer, the security provider for AI models and assets, has raised $50 million in Series A funding.
7Rivers launches in Milwaukee with Snowflake partnership
7Summits Founder Paul Stillmank and industry veterans have announced the launch of 7Rivers.
BitX Capital pioneers startup business loans with no money required
BitX Capital has introduced an innovative solution for budding entrepreneurs.
UAE-based digital assets startup Fuze raises $14m seed round
Fuze has unveiled a record-breaking seed round of $14 million.
Kenyan insurtech startup Turaco acquires Ghana’s MicroEnsure
Turaco, the Kenyan insurtech startup, has acquired MicroEnsure Ghana from MIC Global.
Plan A closes $27m to scale its business decarbonisation platform
Plan A has closed $27m funding round led by Lightspeed Venture Partners.
Indigo Ag accelerates sustainability programs for farmers with $250m fundraise
Indigo Ag has raised $250m to drive innovation and sustainability.
[Electric pickups] The next big EV opportunity, IDTechEx
Electrification in the US is at an earlier stage than other regions globally.
Generative AI startup Yurts raises $16m Series A funding to accelerate growth
Yurts announced a $16 million Series A to support its acceleration into the market.
Five Kenyan cleantech startups selected for JICA’s Project NINJA accelerator
Five Kenyan cleantech startups have been selected for the 3rd cohort of JICA.
Helsing raises €209m Series B to bolster defence AI capabilities for democracies
Defence AI company Helsing, announced it has raised €209m Series B funding.
Hyundai Mobis expands its discovery of Silicon Valley mobility startups in the US
Hyundai Mobis is expanding its investments in global startups.
Montreal startup Urbanoid files patent for AI solution based on location intelligence
Urbanoid has developed an innovative technology for marketers to target ads.
Nigerian mobility startup Mecho Autotech raises $2.4m, ventures into wholesale spare parts distribution
Nigerian mobility startup Mecho Autotech, has closed $2.4m pre-Series A investment.
Touring Capital launches to invest in next-gen early growth stage SaaS startups
Venture Capital Veterans announced the launch of Touring Capital.
Anita Rehman joins deep tech venture firm Celesta Capital as Partner
Celesta Capital has appointed Anita Rehman as Partner.
Ugandan Agritech startup Emata raises $2.4m seed funding
Ugandan agritech startup Emata has raised $2.4 million in seed funding.
Plug and Play, Visa launch Inclusive Fintech Accelerator to advance diverse founders in fintech
Plug and Play and Visa have launched Inclusive Fintech Accelerator program.
Creative tech startup Artlist launches 100K Fund to support video creators
Artlist has launched a 100K Fund, a unique one-time grant offered to creators.
Aussie startup Refilled launches to save single-use plastic bottles sold from vending machines
Refilled, a climate tech startup, has been launched.
Pink Shark PR launches Startup Press Accelerator program
Pink Shark PR has launched first of its kind Startup Press Accelerator program.
Treefera secures $2.2m to revolutionize carbon offsetting through AI-driven transparency
Treefera announced the successful closure of a $2.2 million pre-seed funding round.
Mythic Protocol raises $6.5m to build the world first collaborative entertainment
Mythic Protocol has closed an oversubscribed $6.5 million seed round.
London-based Q-Bot secures €4m to drive expansion in Europe and the U.S.
London-based Q-Bot has raised €4 million to insulate people’s homes with robotics and AI.
Big name VCs back startup to solve multi-billion dollar banking problem
Fintech startup N5 has secured the backing of a number of high profile investors.
London-based Binalyze secures $19m Series A funding for enhanced cybersecurity
Binalyze has raised $19m Series A round of funding.
Catalyst Fund marks its first close to back climate tech startups in Africa
The Catalyst Fund has reached the first close of its targeted $40m fund.
South Korean edtech startup Mathpresso secures $8m to accelerate growth
Mathpresso has raised $8m from Korea's telecom giant, KT.
Indian healthtech startup Bonatra launches Wearable Smart Rings for wellness
Healthtech startup Bonatra has launched Wearable Smart Rings.
YC-backed Hadrius raises $2m seed round to power SEC compliance using AI
Hadrius has secured $2m in seed funding to automate SEC compliance.
UK-based Open Cosmos raises $50m to grow its sustainable space tech and satellite data
Open Cosmos has raised $50m in Series B funding.
Investor-founder disconnect poses major threat to African tech funding
African tech investors will not invest follow-on funding in a startup failing to provide regular reporting updates.
Fine art tech startup TRLab raises $5m to accelerate growth
Fine art-focused tech startup TRLab, has raised $5m in seed round funding.
Start WellTech opens global call for market-ready mental health and wellness startups
Start WellTech has opened a call for market-ready mental health and wellness startups.
AWS Senior Principal Mike Spertus joins Generative AR startup Enklu as CTO
Enklu has announced the appointment of Mike Spertus as the new CTO.
Agetech startup Blooming Health raises $4.2m to power healthy aging-in-place
Blooming Health announced the close of an oversubscribed $4.2m seed round
[Column] Vignesh Subramanian: Harnessing Generative AI in the enterprise
AI has certainly been hitting the headlines in 2023.
We Venture Capital launches to invest in early-stage diagnostics startups
We Venture Capital, the venture capital operation of Werfen, announced its launch.
Taurean Surgical secures funding to democratize robotic surgery in emerging markets
Taurean Surgical has announced a significant pre-seed funding round.
Irish Tech Challenge 2023 for tech startups launches in South Africa
The Embassy of Ireland in South Africa has opened applications for the Irish Tech Challenge 2023.
Swedish startup Novatron Fusion secures €5m seed funding to propel fusion energy innovation
Novatron Fusion announced the successful closure of its seed round, raising €5m.
Dutch-based EIT InnoEnergy secures over €140m to accelerate growth of its portfolio companies
EIT InnoEnergy has successfully completed its private placement round of over €140m.
ReOrbit completes oversubscribed $7.4m seed funding to enable real-time dataflow in space
ReOrbit has completed an oversubscribed Seed funding round for $7.4 million
Explainable-AI startup ZAC achieves precise 3D descriptions of objects for US Air Force
ZAC has achieved precise 3D descriptions and measurements for US Air Force.
Japanese startup Josys raises $93m Series B funding to revolutionize global IT operations
Josys announced a successful Series B funding round of $93 million.
[Column] Marcel Bruyns: AI is getting smarter and critical infrastructure is set to benefit
AI has emerged as a defining trend in today's business arena.
Harmonya raises $20m Series A to transform CPG and retail with AI-powered product data
Harmonya announced a $20m Series A, bringing total funding to $25 million.
[Column] Dong Won Lee: Tech innovations should enrich the total customer experience
New technologies are now ingrained in our lives.
Rockset raises $44m in funding to power search, analytics, and AI applications
Rockset has raised $44 million bringing total capital raised to $105 million.
Nevia Bio completes $3m seed round to build a platform for early detection of women-related diseases
Nevia Bio has completed $3.1m seed round.
Miri announces first-of-its kind AI health and wellness platform
Miri, the first-of- its-kind AI health and wellness platform, has announced its public beta launch.
Kids footwear brand jbrds closes $500k seed round, establishes $5m valuation
jbrds has subscribed a modest seed round of $500k, establishing a $5,000,000 valuation.
Mitsui Sumitomo Insurance Venture Capital joins Israeli startup nT-Tao's Series A funding round
Mitsui Sumitomo Insurance Venture Capital has joined nT-Tao's Series A funding round.
French startup Teale secures €10m to become the European leader in mental health
Parisian Digital mental health platform Teale, has raised €10m second round of funding.
Cikisi raises €2.7m pre-Series A round to accelerate growth and extend its market
To fuel its growth over the next two years, Cikisi has raised €2.7 million this summer.
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.
[Introducing Vouch Horizon] A new approach to insurance for scale-stage startups
Vouch, a pioneer in business insurance for VC-backed startups, unveils Vouch Horizon.
Startup Chai offers salary of $875K to compete with OpenAI for Generative AI talent
Chai Research is offering salaries exceeding $875K to compete with OpenAI.
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