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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3788428 | Tags:

Orange launches Social Venture Prize in Africa and the Middle East to encourage entrepreneurship
Published: 19-04-2024 | 17:05:11 | By: Bob Koigi
Since 2011, the OSVP prize has been rewarding innovative start-up projects that use and develop new technologies to make a positive impact in Africa and the Middle East






















Swedish fintech Brite Payments raises $60m to accelerate instant bank payments across Europe
Published: 04-10-2023 | 15:34:00 | By: Pie Kamau
Brite Payments has announced a $60m funding round.


Copenhagen-based platform Marts secures €1.75m to launch the OS for IT management
Published: 03-10-2023 | 13:19:00 | By: Pie Kamau
Copenhagen-based IT management platform Marts, has secured €1.75m funding.


Rivery joins AWS ISV Accelerate and AWS Global Startup Program
Published: 25-08-2023 | 10:33:43 | By: Pie Kamau
Rivery announced acceptance into the Amazon Web Services (AWS) Independent Software Vendor (ISV) Accelerate Program.


Safaricom Shareholders approve two new subsidiaries to invest in Kenyan tech start-ups
Published: 28-07-2023 | 13:28:53 | By: Bob Koigi
These significant developments, approved at Safaricom’s 15th Annual General Meeting (AGM), represent a momentous step towards supporting tech entrepreneurs, fostering innovation, and fortifying Safaricom's role as a key enabler of the Kenyan tech community.


[Column] Rami Osman: 5G as a catalyst for economic opportunities, innovation in Sub-Saharan Africa
Published: 10-07-2023 | 12:03:00 | By: Pie Kamau
Sub-Saharan Africa is at the forefront of innovations.


Danish AI startup BeCause advances tourism sustainability practices from angel investors
Published: 18-05-2023 | 15:44:00 | By: Pie Kamau
BeCause has announced an early investment from Danish entrepreneurs.


The 7 most sustainable cities creating the future of work after COVID-19, Plug and Play
Published: 16-05-2023 | 12:59:00 | By: Pie Kamau
The World Health Organization recently announced that COVID-19 is no longer a global emergency. However, the impact of the pandemic has left a lasting mark on all industries.


Danish startups pursue US expansion opportunities through TMC Biobridge
Published: 04-05-2023 | 12:39:00 | By: Pie Kamau
Texas Medical Center (TMC) and the BioInnovation Institute (BII) announced that three startups from BII will join a customized accelerator program tailored for helping startups build their US go-to-market strategy.


Denmark-based soil carbon startup Agreena raises €46m to scale the regenerative revolution
Published: 04-05-2023 | 10:17:00 | By: Pie Kamau
Denmark-based climate and fintech startup Agreena, whose soil carbon platform is one of the largest globally, announced its Series B raise of €46 million.


Biotech startup Chromologics completes €7.1m funding round to accelerate natural red color production through precision fermentation
Published: 06-03-2023 | 10:05:00 | By: Pie Kamau
Chromologics, the Danish biotech company, announced the successful closure of an extended seed round of an additional €7.1 million in equity.


Innovation scale-up Wazoku launches Mindpool SME to help small businesses capture employee insights
Published: 19-01-2023 | 10:41:00 | By: Pie Kamau
Innovation scale-up Wazoku announced it has launched Mindpool SME, an employee insights dashboard that makes it simpler & faster for SMEs to listen to, understand, and act on employee insights.


MyMonty calls to all banks, MNOs and startups: the time for digitization is now!
Published: 28-11-2022 | 09:33:00 | By: Pie Kamau
In 1998, Mountasser Hachem founded Monty Holding, which has since become a giant in the telco sector, achieving unprecedented global penetration.


Danish blockchain startup Drivn enables users earn an income while saving the planet
Published: 27-10-2022 | 11:23:00 | By: Pie Kamau
Drivn, the brainchild of three Danish founders, aims to change the world's travel behavior towards a more sustainable future.


Nashville-based advanced radio technology startup Xtremis announces move to West Virginia
Published: 27-10-2022 | 11:15:00 | By: Pie Kamau
Xtremis, a Nashville-based startup developing advanced, Artificial Intelligence control systems that improve the performance of wireless networks in congested RF environments, announced its intention to relocate to Morgantown, WV.


Novo Seeds portfolio company NMD Pharma reports positive top-line Phase I/IIa data in myasthenia gravis
Published: 11-10-2022 | 12:46:12 | By: Pie Kamau
Novo Holdings announced that its portfolio company NMD Pharma, reported positive top-line results from a Phase I/IIa clinical trial for its lead asset, NMD670.


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


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


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


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


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


Copenhagen’s AI cybersecurity startup Muninn raises €2.5m seed round led by Luminar Ventures
Published: 29-08-2022 | 14:40:00 | By: Pie Kamau
AI-driven cybersecurity platform Muninn, headquartered in Copenhagen, has secured a €2.5 million seed round led by Luminar Ventures, with previous investor PreSeed Ventures (PSV) participating.


TDK Ventures invests in XCOM Labs' vision for a high-speed wireless future
Published: 25-05-2022 | 14:36:00 | By: Pie Kamau
TDK Corporation announced that subsidiary TDK Ventures, has invested in wireless communications disruptor XCOM Labs to expedite the development of their 5G and wireless communications solutions.


A5G Networks startup announces funding from Bharat Innovation Fund to accelerate growth
Published: 24-05-2022 | 16:07:00 | By: Pie Kamau
A5G Networks, a player in Distributed and Autonomous 5G Core Network Software for private and public networks, announced an investment by Bharat Innovation Fund, a deeptech focused venture capital fund in India.


Danish startup Januar raises €6m to provide crypto gate for Europe
Published: 06-05-2022 | 09:39:00 | By: Pie Kamau
Danish startup Januar ApS, announced the closing of €6 million round to become the leading one-stop crypto gate for European businesses, serving the growing crypto and digital asset industry with a market cap of $2 trillion.


Danish healthtech startup Qure.ai raises $40m to accelerate market expansion, support product development
Published: 29-03-2022 | 13:30:00 | By: Pie Kamau
Qure.ai (Qure), the healthtech firm using Artificial Intelligence (AI) for medical imaging diagnostics, announced it has secured $40 million in a funding round led by Novo Holdings and HealthQuad.


Israeli network security startup OneLayer steps out of stealth with $8.2m seed round to protect private 5G networks
Published: 16-03-2022 | 12:25:00 | By: Pie Kamau
OneLayer, a pioneer in securing private LTE/5G networks for enterprises, announced its launch out of stealth along with an $8.2 million seed funding round led by Grove Ventures and Viola Ventures.


Danish customer support innovator Dixa acquires Miuros and Solvemate startups for $43m
Published: 11-03-2022 | 13:40:00 | By: Pie Kamau
Danish customer support innovator Dixa, announced the acquisitions of analytics leader Miuros, and automation pioneer Solvemate.


AT&T joins Ericsson's 5G Startup Program to develop new consumer technology
Published: 22-02-2022 | 11:24:00 | By: Pie Kamau
AT&T has joined Ericsson's Startup 5G program, a 5G innovation collaboration driven by Ericsson's ConsumerLab that assists communications service providers (CSPs) with commercialization and monetization of 5G.


Danish healthtech startup Dawn Health raises $25m investment to revolutionize digitalization of global life science industry
Published: 01-12-2021 | 13:39:00 | By: Pie Kamau
Dawn Health, a global leader in digital health, received $25 million investment from a consortium of highly experienced investors.


PHYTunes startup closes $1.5m seed round to develop solution for full 5G inside residential, commercial buildings
Published: 06-10-2021 | 14:32:00 | By: Pie Kamau
PHYTunes, a player in 5G at the Edge and wireless-wireline convergence, announced it has close its seed round of $1.5 million with investors Deutsche Telekom´s hub:raum.


Korean space tech startup CONTEC gears up to transform space technology
Published: 31-08-2021 | 13:00:00 | By: Pie Kamau
CONTEC, a Korean startup gearing up to transform the space sector, is working towards providing holistic solutions required for downstream data transmitted by satellites.


[Startup Interview] Dylan Pfeil, Co-Founder, Business Solutions Centre, South Africa
Published: 16-08-2021 | 13:15:00 | By: Bob Koigi
Business Solutions Centre is a South African-based telecommunication startup that has embraced a business model of providing a one-stop shop for all digital needs of clients.


Next-gen CX startup Dixa raises $105m Series C to transform customer service worldwide
Published: 30-07-2021 | 16:11:00 | By: Pie Kamau
Founded as a customer service solution that evolved into a customer engagement platform, European company Dixa announced a Series C funding round totaling $105 million.


Danish fintech startup HelloFlow raises $1.6m for its no-code KYC and client onboarding solution
Published: 15-07-2021 | 12:54:00 | By: Pie Kamau
HelloFlow, a Danish fintech startup, has closed a $1.6m Seed round led by a Danish VC PreSeed Ventures, and UK-based, Seedcamp.


Danish startup MATE accelerates e-Bike expansion with new funding from Marcy Venture Partners
Published: 07-05-2021 | 12:47:00 | By: Pie Kamau
The Danish design startup MATE announced a new investment from Marcy Venture Partners to accelerate the future of smart transportation, with the global aim for the world to go greener via a new, smarter, more flexible, and flashy form of transportation.


Danish biotech startup Adcendo raises €51m to advance novel antibody-drug conjugates for cancers treatment
Published: 29-04-2021 | 09:37:00 | By: Pie Kamau
Adcendo, a biotech company developing antibody-drug conjugates (ADCs) for the treatment of cancers, announced the successful closing of €51 million Series A financing to advance novel antibody-drug conjugates for treatment of cancers.


Kenyan startup Ajua, MTN Nigeria launch Customer Management mobile app for SMEs
Published: 15-03-2021 | 16:01:00 | By: Pie Kamau
Kenyan based startup Ajua has partnered with MTN Nigeria to launch EnGauge, a digital e-Commerce customer engagement management mobile app to support SMEs.


BioPhero startup raises $17m Series A for sustainable pest control
Published: 09-03-2021 | 13:26:00 | By: Pie Kamau
BioPhero, the insect pheromone company, announced it has raised $17 million in Series A funding led by DCVC Bio with participation from new investor FMC Ventures, as well as existing investors Syngenta Group Ventures and Novo Holdings.


African startup StarNews Mobile launches incubator for South African youths interested in digital film
Published: 01-02-2021 | 14:23:41 | By: Pie Kamau
StarNews Mobile launched its grassroots Youth Initiative incubator in partnership with Solutions on Point to empower young individuals interested in the digital film industry in South Africa.


Novo Seeds' IO Biotech completes oversubscribed €127m Series B financing to accelerate clinical programs in oncology
Published: 13-01-2021 | 13:15:00 | By: Pie Kamau
Novo Seeds announced its portfolio company, IO Biotech, a clinical-stage biopharmaceutical company developing novel, immune-modulating anti-cancer therapies, raised €127 million in Series B financing.


Orange launches venture capital arm, allocates €350 million
Published: 12-01-2021 | 16:29:44 | By: Bob Koigi
Orange has announced that its venture capital arm, Orange Ventures has become a separate legal entity with an increased allocation of 350 million euros.


Italy responds to pandemic with 53 innovative startups at 2021 CES
Published: 11-01-2021 | 14:39:00 | By: Pie Kamau
Against the backdrop of the worst public health crisis in more than a century, the Italian Trade Agency will introduce a new generation of technology startups at the Consumer Electronics Show (CES) All Digital from January 11 to 14.


Novo Seeds portfolio company CorWave raises €35m for breakthrough heart pump
Published: 06-01-2021 | 12:40:00 | By: Pie Kamau
Novo Seeds, the early stage investment and company creation team of Novo Holdings, announced its portfolio company CorWave, raised € 35 million in a Series C financing.


54gene, Kobo360, myFanPark, Sokowatch among 12 startups to win AppsAfrica Awards 2020
Published: 16-12-2020 | 15:29:00 | By: Pie Kamau
54gene, Kobo360, myFanPark and Sokowatch have been named among the 12 winners of AppsAfrica Awards 2020. The awards celebrates the best startups in mobile and tech from across Africa.


African startup StarNews Mobile secures first funding from Investisseurs & Partenaires
Published: 15-12-2020 | 14:34:32 | By: Pie Kamau
African startup StarNews Mobile, specialized in the field of mobile video, achieved its first fundraising with Investisseurs & Partenaires, a pioneering impact investing group dedicated to small and medium-sized enterprises in Sub-Saharan Africa.


Danish legaltech startup Contractbook raises $9.4m to accelerate data-driven document automation
Published: 14-12-2020 | 16:05:00 | By: Pie Kamau
Contractbook, a legal tech automation company based in Copenhagen, Denmark, announced it has closed on a $9.4 million Series A investment round, led by Bessemer Venture Partners with participation from existing investors.


Mobility technology startup Ettifos unveils world's first SDR-based 5G NR V2X solution
Published: 09-12-2020 | 15:38:44 | By: Pie Kamau
Ettifos, a U.S.-based connected mobility technology startup, released the world's first software-based 5G NR V2X (Vehicle-to-Everything). Ettifos' technology eclipses that of Qualcomm, the world's largest communication chipset company, by about one year.


South Africa's MetroFibre Networx completes new capital raise from AIIM and STOA
Published: 18-11-2020 | 11:25:26 | By: Pie Kamau
African Infrastructure Investment Managers (AIIM), Africa’s infrastructure-focused private equity fund managers, has acquired a minority equity stake in MetroFibre Networx, a South African open access fibre network operator.


Tech startup Cellwize secures $32m Series B financing to expand its global footprint
Published: 10-11-2020 | 11:33:00 | By: Pie Kamau
Cellwize, a global leader in mobile network automation and orchestration, announced a $32 million Series B funding round in its parent company, Cellwize Wireless Technologies, led by Intel Capital and Qualcomm Ventures.


Mastercard co-innovates with 10 new fintechs to reshape the future of commerce
Published: 10-11-2020 | 07:30:00 | By: Pie Kamau
Mastercard has welcomed 10 fintechs from around the world to participate in its startup engagement program, Start Path, to scale the future of commerce.


German environmental IoT startup Dryad raises €1.8m for ultra-early wildfire detection system
Published: 07-10-2020 | 13:18:00 | By: Pie Kamau
Environmental IoT startup Dryad Networks has secured seed funding of €1.8 million to develop a large-scale IoT network for the ultra-early detection of wildfires - the Internet of Trees.


Copenhagen biotech startup Synklino raises seed round to develop breakthrough infection treatment for transplant patients
Published: 29-09-2020 | 15:02:14 | By: Pie Kamau
Synklino ApS, an emerging biotech company developing first-in-class breakthrough treatment to eliminate cytomegalovirus (CMV) infections in the transplant setting announced the successful closing of a seed financing.


Swisscom, Ericsson and Qualcomm join forces to find world's most innovative 5G startups
Published: 28-09-2020 | 15:14:00 | By: Pie Kamau
Switzerland's telecommunications and IT company Swisscom is joining forces with Ericsson and Qualcomm CDMA Technologies GmbH to identify the world's most innovative startups and research teams working on 5G applications.


Finish startup ICEYE raises $87m to accelerate growth of its SAR satellite constellation
Published: 22-09-2020 | 14:28:00 | By: Pie Kamau
ICEYE, a SAR data provider, announced the closing of a larger than planned $87 million Series C funding, led by return investor True Ventures, with a significant additional investment by OTB Ventures.


[Startup Interview] Marthinus Coetzee, CEO, iPTT Africa, South Africa
Published: 22-09-2020 | 11:02:00 | By: Bob Koigi
Iptt africa (pty) Limited, a South African telecommunications startup, solves the communication problems faced by many businesses and organizations in Africa through its italkptt platform that allows businesses to communicate from anywhere in Africa to anywhere in the world. The CEO Marthinus Coetzee elaborates.


Fintech startup KodyPay raises £1.8m to transform payments industry
Published: 17-09-2020 | 12:35:00 | By: Pie Kamau
London based fintech startup KodyPay, raised £1.8 million to transform the payments industry, allowing users to pay for goods in-store without queueing thereby making shopping a prompt and effortless process.


Danish drone startup QuadSAT raises €2m to accelerate product testing
Published: 11-09-2020 | 13:46:00 | By: Pie Kamau
QuadSAT, a Danish company that is revolutionising test and measurement of satellite antennas, announced it has closed a €2 million Pre-Series A Investment, the largest venture investment in a Danish drone tech company in history.


Danish drone startup QuadSAT secures €2 million funding to enhance antenna testing technology
Published: 10-09-2020 | 13:16:02 | By: Bob Koigi
QuadSAT, a Danish company that is revolutionizing test and measurement of satellite antennas, announced has closed a €2 million Pre-Series A Investment, the largest venture investment in a Danish drone tech company in history.


Chromologics raises €1.9m seed round to accelerate development of fermentation-derived next generation food colorants
Published: 01-09-2020 | 17:19:00 | By: Pie Kamau
Chromologics, which is developing innovative natural food colorants, announced it has raised €1.9 million in seed financing led by Novo Seeds and supported by Nordic FoodTech VC and Vækstfonden.


Swedish startup Voi steps up its safety game with next generation scooter
Published: 25-08-2020 | 15:07:30 | By: Pie Kamau
Swedish startup Voi unveiled its safest ever scooter model - Voiager 4 - the world’s first sharing scooter with indicators, allowing riders to alert other road users.


Health startup BuddyCheque inks deal with Select Ortho to enhance employee, customer safety
Published: 24-08-2020 | 15:30:00 | By: Pie Kamau
Health startup BuddyCheque has joined forces with Select Ortho to ensure that their employees and customers remain safe during COVID-19.


German computer vision startup Segmentive closes €2m seed round to breakthrough whole-body mobile segmentation
Published: 06-08-2020 | 15:41:00 | By: Pie Kamau
Deep-tech computer vision startup Segmentive closed final funds in €2m seed round in a bid to deliver whole-body video segmentation, in real-time and on mobile.


British startup Planet Smart City partners with UN-Habitat on slum upgrading initiatives in Kenya
Published: 03-08-2020 | 15:56:00 | By: Pie Kamau
British startup Planet Smart City has joined forces with the United Nations Human Settlements Programme, UN-Habitat to provide digital tools, community management and social innovation to help improve lives in informal settlements in Kenya.


Go Ignite partners seek 5G use cases in global call for startups
Published: 24-07-2020 | 12:39:00 | By: Pie Kamau
Following the success of its previous global calls for startups, Go Ignite, an alliance of four leading global telcos, has launched Go Ignite: 5G Open Call for Startups to engage startups or venture capital-backed companies.


UK startup NumberEight raises $2.3m seed round from Nauta Capital to predict consumer behaviour
Published: 08-07-2020 | 15:21:00 | By: Pie Kamau
NumberEight, a contextual intelligence platform for mobile devices that predicts consumer context to deliver the right content at the right time, has closed a $2.3 million seed round led by Nauta Capital.


Nigerian fintech startup Wallets Africa raises undisclosed amount for African expansion
Published: 01-07-2020 | 15:54:00 | By: Pie Kamau
Nigerian fintech startup Wallets Africa has raised an undisclosed amount of funding to expand its operations and continue its quest to become Africa’s foremost borderless digital payments platform.


[Startup Interview] Anton Janovsky, Founder, Giga Technology, South Africa
Published: 30-06-2020 | 13:11:36 | By: Bob Koigi
Giga Technology is a South African telecommunications startup involved in the manufacture and export of a host of communication technologies across Africa and Europe.


EIT Health selects startups for Headstart 2020
Published: 05-06-2020 | 10:28:00 | By: Pie Kamau
Eighty-nine startups from across Europe have been selected to take part in the annual EIT Health Headstart programme.


Orange Ventures launches MEA Seed Challenge to finance entrepreneurs of seed startups in Middle East and Africa
Published: 04-06-2020 | 14:20:00 | By: Pie Kamau
Orange Ventures launched the MEA Seed Challenge to give entrepreneurs in Africa and the Middle East the means to launch and develop their business.


Guinea startup Tulip Industries designs tablet to diagnose Covid-19 symptoms
Published: 29-05-2020 | 13:18:00 | By: Pie Kamau
To contribute to the collective effort to fight against the new coronavirus, Guinean startup Tulip Industries has designed a tablet that is able to identify Covid-19 symptoms.


[Startup Interview] Lwazi Nongauza, Executive Director, BTN Mobile, South Africa
Published: 02-08-2019 | 12:42:00 | By: Bas Vlugt
BTN Mobile is a South African digital telecommunications network that seeks to revolutionize the telecommunications landscape in the country and beyond while bridging the digital divide by making ICT services available to the underserved at a reasonable rate