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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3793712 | 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.


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.


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.


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.


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.


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.


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.


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.


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.


Latin American startup Wonder Brands closes $20m seed round for expansion
Published: 13-08-2021 | 14:09:00 | By: Pie Kamau
Wonder Brands, the company building Latin America's best portfolio of digital brands, closed $20 million in seed financing, led by ALLVP and Mountain Nazca with CoVenture and Victory Park Capital joining to close the round.


CVS Health launches $100m venture fund
Published: 30-04-2021 | 13:24:00 | By: Pie Kamau
CVS Health announced the launch of CVS Health Ventures, a dedicated corporate venture capital fund that will invest in and partner with high-potential, early-stage companies focused on making health care more accessible, affordable, and simpler.


Fintech startup Trust Payment expands into Ireland
Published: 30-04-2021 | 13:12:41 | By: Pie Kamau
Trust Payment has expanded into Ireland. The payments technology group will open an office in Dublin city centre as it seeks to benefit from local talent and rapid growth in the country's Fintech sector.


i2020 Accelerator announces new investments in cancer, inflammation and neurology-focused therapeutics
Published: 30-04-2021 | 13:00:00 | By: Pie Kamau
i2020, an accelerator program backed by the San Diego-based venture company Torrey Pines Investment, announced multiple startup and follow-on investment rounds together with OrbiMed.


Biotech startup ResBiotic raises $3m seed round, announces leadership team
Published: 30-04-2021 | 12:49:00 | By: Pie Kamau
University of Alabama at Birmingham's biotech startup ResBiotic, announced a $3 million seed round to support the development and commercialization of groundbreaking probiotic formulations for lung health.


South Korean Government attracts global startups with its acceleration program K-Startup Grand Challenge 2021
Published: 30-04-2021 | 12:29:00 | By: Pie Kamau
Startups from around the world are now able to apply to K-Startup Grand Challenge 2021, South Korea's government-backed global acceleration program.


UN targets startups transforming food systems in new competition
Published: 30-04-2021 | 10:04:00 | By: Pie Kamau
The UN Food Systems Summit has announced a competition to identify the best small and medium-sized enterprises (SMEs) from across the world who are transforming food systems for a better tomorrow.


[Startup Interview] Paul Foley, CEO, CTEX Markets, UK
Published: 30-04-2021 | 08:17:00 | By: Bob Koigi
Some of the services it offers include trade routing, price aggregation, AI based market analysis and reporting solutions.


Lacuna Fund announces second round of funding to projects supporting Natural Language Processing technologies Across Africa
Published: 29-04-2021 | 16:13:59 | By: Pie Kamau
The partner organisations behind Lacuna Fund implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, announced the second cohort of supported projects.


Fintech startup Splitwise raises $20m Series A funding to accelerate global customer growth
Published: 29-04-2021 | 10:48:00 | By: Pie Kamau
Splitwise Inc, an interpersonal finance app for sharing expenses with friends and family, announced the raise of $20 million in Series A funding led by global venture capital and private equity firm, Insight Partners.


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.


Insurtech startup Branch Insurance expands home and auto coverage to Colorado and Oklahoma States
Published: 29-04-2021 | 10:13:00 | By: Pie Kamau
Branch Insurance, the startup that pioneered bundling home and auto insurance online, announced its expansion to Colorado and Oklahoma States.


Israeli customer intelligence startup Affogata raises $5.5m seed funding to bring consumer's voice to customer-obsessed brands
Published: 29-04-2021 | 09:57:00 | By: Pie Kamau
Affogata, the customer intelligence platform enabling brands to harness data to guarantee their consumers a perfect experience, announced a $5.5 million financing round of seed funding co-led by Mangrove Capital Partners.


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.


Israeli enterprise AI startup BeyondMinds joins NVIDIA Inception
Published: 28-04-2021 | 17:00:12 | By: Pie Kamau
BeyondMinds, the enterprise AI startup that has built the first universally applicable and easily adaptable AI platform providing production-grade AI solutions at rapid speed, announced it has joined NVIDIA Inception.


Suntory America, Runway partner to scout, engage and invest in startups
Published: 28-04-2021 | 16:47:00 | By: Pie Kamau
Runway Innovation Hub, a Silicon Valley innovation consulting company, announced its partnership with Suntory America, one of the world's consumer products companies.


IoT startup Hologram hires Mike Georgoff as Chief Product Officer
Published: 28-04-2021 | 16:39:27 | By: Pie Kamau
Hologram, a global cellular platform for IoT, announced it hired Mike Georgoff this month as its first Chief Product Officer as the organization continues its growth.


UCM Digital Health startup raises $5.5m Series A funding
Published: 28-04-2021 | 16:19:00 | By: Pie Kamau
UCM Digital Health, a provider of emergency telemedicine and virtual care solutions, announced it has completed a $5.5 million series A funding round led by Armory Square Ventures (ASV).


Digital fertility startup Legacy partners with Carrot Fertility to expand access to male fertility care
Published: 28-04-2021 | 16:04:23 | By: Pie Kamau
Legacy, the premier digital fertility clinic for men, announced a new partnership with the global fertility benefits provider for employers, Carrot Fertility.


Accenture invests in Nigerian fintech startup Okra
Published: 27-04-2021 | 15:47:20 | By: Pie Kamau
Accenture announced an investment, through Accenture Ventures, in Nigeria-based fintech company Okra, an open finance data infrastructure startup serving the rapidly expanding African financial services market.


Dating app startup So Syncd raises $1m seed round to grow its user base in the US
Published: 27-04-2021 | 12:02:00 | By: Pie Kamau
So Syncd, the dating app that matches compatible personality types, raised a seed round of $1 million to grow its user base in the US.


EventHub startup closes pre-seed round to revolutionize event sponsorship
Published: 27-04-2021 | 11:45:28 | By: Pie Kamau
EventHub officially closed its pre-seed round as the company prepares to scale up customer adoption of its sponsorship platform. The round was led by Pasadena Angels and Emerging Ventures from the LA area as well as Seattle-based Accellius Capital.


Detroit-based fintech startup Signal Advisors raises $16m to build end-to-end platform for independent financial advisors
Published: 27-04-2021 | 11:06:00 | By: Pie Kamau
Signal Advisors, a tech-enabled distributor of annuities and life insurance, announced a $10 million Series A led by General Catalyst, which closed in December 2020.


Data transformation startup Veryfi raises Series A to unlock unstructured data power
Published: 27-04-2021 | 10:38:00 | By: Pie Kamau
Veryfi, an AI-based data transformation platform for enterprise and technology corporations, announced a $12 million Series A financing round led by NewView Capital.


Plug and Play Korea launches in Seoul
Published: 27-04-2021 | 10:20:47 | By: Pie Kamau
Global innovation platform, Plug and Play, announced the launch of its new office in Seoul, Korea, to primarily focus on corporate innovation in the areas of Financial Services and Smart Cities and expects to expand to other industries in the future.


Insurtech startup Brella raises $15m Series A for national expansion of supplemental health insurance solution
Published: 26-04-2021 | 14:15:00 | By: Pie Kamau
Brella Insurance announced it has raised a $15 million Series A funding round led by Brewer Lane Ventures to bring Brella's modern supplemental health solution to employers nationwide.


Homebuilding startup Higharc raises $21m Series A to aid in recruiting, building out engineering functions
Published: 26-04-2021 | 14:02:00 | By: Pie Kamau
Higharc, the all-in-one homebuilding platform for design, sales, and construction, announced it raised $21 million in Series A funding, led by Spark Capital.


Telehealth startup PursueCare raises over $11m in Series A1, A2 financing
Published: 26-04-2021 | 13:40:00 | By: Pie Kamau
PursueCare, a telehealth addiction treatment startup, announced an oversubscribed $7 million Series A2 capital raise, bringing its total Series A round to north of $11 million.


Bechtel partners with climatetech startup incubator Greentown Labs to drive energy transition in Houston
Published: 26-04-2021 | 13:30:43 | By: Pie Kamau
Bechtel announced partnership with Greentown Labs in Houston, the city's first-ever climatetech startup incubator, to drive energy transition in Houston.


U.S.-based food tech startup Yo-Kai Express expands partnerships with Japan
Published: 26-04-2021 | 13:16:00 | By: Pie Kamau
While restaurants and small businesses everywhere have struggled to survive the pandemic, U.S.-based foodtech startup Yo-Kai Express (YKE) has leveraged its technology and ideas to evolve and transform its business models to broader platforms.


Kenyan e-mobility startup Ecobodaa secures funding from Persistent Energy Capital
Published: 23-04-2021 | 09:32:00 | By: Pie Kamau
Persistent Energy Capital announced a strategic venture building investment and partnership with Ecobodaa, a pioneer e-mobility startup, leading the revolution of the electric motorbike taxi (bodaboda) in Kenya.


Insurtech startup OKO raises $1.2m to bring innovative insurance to smallholder farmers across Africa
Published: 23-04-2021 | 09:21:00 | By: Pie Kamau
OKO, an insurtech startup that provides inclusive agricultural insurance to secure farmers’ income across Africa, closed a seed investment round of $1.2 million, led by Newfund and ResiliAnce.


UK-based startup Cquestr8 raises $300k seed capital to develop safe & permanent carbon sequestration solution
Published: 22-04-2021 | 13:54:00 | By: Pie Kamau
Cquestr8, 2020 winners of the Climate-KIC's ClimateLaunchpad "Next Big Thing" prize, has secured funding to develop their unique carbon sequestration solution, leveraging natural processes to safely lock away CO2 as stable ocean bicarbonate.


Autonomous air cargo startup MightyFly raises $5.1 million seed funding to revolutionize logistics
Published: 22-04-2021 | 13:37:00 | By: Pie Kamau
MightyFly, an autonomous air cargo carrier, announced it has closed $5.1 million in seed funding, including investments from 500 Startups, At One Ventures, Global Founders Capital, Graph Ventures, and Halogen Ventures.


Plug and Play launches maritime innovation platform in Antwerp, Belgium
Published: 22-04-2021 | 13:20:00 | By: Pie Kamau
Global innovation platform, Plug and Play, together with Founding Partners City of Antwerp, CMB, DXC Technology, Euronav, and Port of Antwerp, announced the launch of their first maritime program in Antwerp, Belgium.


Medical device startup Nanodropper completes $1.4m seed funding round
Published: 21-04-2021 | 13:34:00 | By: Pie Kamau
Nanodropper, a medical device company offering a first-of-its-kind eyedrop bottle adaptor that reduces eyedrop size, completed a $1.4 million seed round.


Meeting Automation startup Chili Piper gets spicy with $33m from Tiger Global
Published: 21-04-2021 | 13:12:00 | By: Pie Kamau
Chili Piper, the advanced routing and scheduling solution for revenue teams, announced it has raised a $33 million "Series Spicy" led by Tiger Global with participation from existing investors Base10 Partners and Gradient Ventures.


Fact.MR redefines the way startups access market research
Published: 21-04-2021 | 12:54:00 | By: Pie Kamau
The number one reason for startup failure isn't lack of funding or stiff competition. The main reason is 'misreading market demand'. Therefore, it becomes important for startups to thoroughly research the market.


Atlanta-based startups GROUNDFLOOR and PadSplit team up to create affordable housing
Published: 21-04-2021 | 12:38:57 | By: Pie Kamau
GROUNDFLOOR, a wealthtech platform that allows everyone to build wealth through real estate, and PadSplit, a mission-driven marketplace that helps solve the affordable housing crisis, are teaming up to create hundreds of new affordable housing units.


Subscription Management startup Chargebee raises $125m Series G funding to accelerate global shift to subscriptions
Published: 21-04-2021 | 12:09:00 | By: Pie Kamau
Chargebee, the subscription billing and revenue management platform, announced a fresh round of $125 million in series G funding, co-led by new investor Sapphire Ventures and existing investors Tiger Global and Insight Venture Partners.


Nigerian last-mile delivery startup Kwik Delivery releases Prestashop plugin
Published: 20-04-2021 | 10:50:00 | By: Pie Kamau
After the release of its plugins for Shopify and Magento, Kwik Delivery has released its plugin for Prestashop.


Twenty-two startups join second cohort of UNICEF StartUp Lab in Ghana
Published: 20-04-2021 | 10:41:00 | By: Pie Kamau
UNICEF announced the launch of the 2021 cohort of the UNICEF StartUp Lab, a co-creation space and accelerator, that engages young startups in the development of innovative, open-source, market-driven products and solutions.


New York-based startup Andela announces global engineering talent expansion
Published: 20-04-2021 | 09:53:34 | By: Pie Kamau
New York-based startup Andela, the global talent network that helps companies build remote engineering teams, announced the global expansion of its engineering talent.


Kenyan logistics startup Amitruck and Sky.Garden announce last mile goods pick-up and deliveries partnership
Published: 20-04-2021 | 09:44:00 | By: Pie Kamau
Logistics platform Amitruck and e-Commerce platform Sky.Garden have partnered to form an end-to-end digital chain for goods pick-up and deliveries to the last mile.


Grindstone accelerator programme opens applications for South African startups
Published: 20-04-2021 | 09:36:42 | By: Pie Kamau
Applications for this year’s Grindstone’s accelerator programme are now open. Grindstone is an equity-free structured entrepreneurship development programme that assists high-growth innovation-driven SMEs in South Africa.


InnovoEdge joins Microsoft for Startups program
Published: 16-04-2021 | 09:43:00 | By: Pie Kamau
InnovoEdge, an AI-powered multi-cloud and edge application orchestration company, announced it has joined the Microsoft for Startups program, which is designed to help business to business (B2B) startups scale with access to technology.


Climatetech startup Persefoni raises $9.7m in Series A funding round
Published: 16-04-2021 | 09:35:00 | By: Pie Kamau
Persefoni, an intelligent carbon accounting and management platform for enterprises and investors, announced it has raised $9.7 million in its Series A financing round. Rice Investment Group led the round, with participation from NGP ETP and Sallyport Investments.


Ideal Semiconductor startup announces investment from Applied Ventures
Published: 16-04-2021 | 09:23:09 | By: Pie Kamau
Ideal Semiconductor, a startup company that has successfully demonstrated a fundamentally new technology for energy conversion in electronic systems, announced it has received funding from Applied Ventures, LLC, the venture capital arm of Applied Materials.


Chicago-based medtech startup Neopenda announces new round of convertible note financing
Published: 16-04-2021 | 09:12:55 | By: Pie Kamau
Neopenda, a Chicago-based public benefit corporation, announced a new round of funding supported by Assiduity Capital and Sorenson Impact Foundation, and the CE Mark approval of its neoGuard device.


Wynden Stark acquires NYC venture-backed tech startup untapt
Published: 16-04-2021 | 09:02:00 | By: Pie Kamau
Wynden Stark has acquired NYC venture-backed tech startup untapt, bringing in-house a world-class team of Data Scientists and Software Engineers.


SWARM Engineering startup raises $2.7m in seed funding led by S2G Ventures and Serra Ventures
Published: 16-04-2021 | 08:50:00 | By: Pie Kamau
SWARM Engineering, the next generation of cognitive software for the food supply chain, announced it closed funding for a $2.7 million seed round.


Healthtech startup DignifiHealth raises $7m seed round, scaling it nationally for improved community health outcomes
Published: 16-04-2021 | 08:34:00 | By: Pie Kamau
DignifiHealth, a company that has integrated leading digital health technologies with its proprietary big-data intelligence platform, raised $7 million in seed funding to scale delivery of its revolutionary suite of healthcare products on a national scale.


South African digital health startup Quro Medical secures $1.1m seed funding to accelerate growth
Published: 15-04-2021 | 15:06:00 | By: Pie Kamau
Quro Medical, a South African digital health startup, emerged from stealth mode to announce the closure of its seed funding round to accelerate growth for Africa’s first technology-driven Hospital at Home offering.


Virtual health startup OpenLoop closes oversubscribed $3m seed round
Published: 15-04-2021 | 10:12:00 | By: Pie Kamau
OpenLoop, a virtual health company based in Des Moines, Iowa, announced its oversubscribed seed round financing of $3 million.


Phantom Space Corporation startup raises $5m seed funding to revolutionize space transportation
Published: 15-04-2021 | 10:02:00 | By: Pie Kamau
Phantom Space Corporation, a space transportation technology development and manufacturing company, announced the raise of $5 million in seed investment funding to make space commerce commonplace and to lower the barriers to space access.


Legacy startup raises $10m Series A to make male fertility services accessible to all
Published: 15-04-2021 | 09:53:00 | By: Pie Kamau
Legacy, the premier digital fertility clinic for men, announced $10 million in Series A fundraising led by FirstMark Capital.


Silicon Valley startup Chef Avenue crosses 1000% of its funding goal in 8 days
Published: 15-04-2021 | 09:21:18 | By: Pie Kamau
Chef Avenue, an inspiring startup at the forefront of the design of modernized, high-performance cookware, is currently riding the wave of a wildly successful Kickstarter campaign for its first product, Omnipan.


Finnish biotech startup Carbo Culture sets to remove 1billion tons of carbon from atmosphere by 2030
Published: 15-04-2021 | 09:12:00 | By: Pie Kamau
Carbo Culture, a biotech startup commercialising large-scale carbon removal, has a north star vision to remove 1 billion tons (1Gt) of carbon from the atmosphere by 2030.


Colorado-based startup Trūman Rx launches to expand access to testosterone therapy
Published: 14-04-2021 | 11:03:53 | By: Pie Kamau
In an effort to increase access to testosterone replacement therapy for men, Colorado-based startup Trūman Rx (Trūman) is launching an online, innovative telehealth service for testosterone replacement therapy (TRT).


EdCraft startup raises $1m pre-seed round to expand its edtech platform in the U.S.
Published: 14-04-2021 | 10:52:00 | By: Pie Kamau
EdCraft, an early education platform launched by former McKinsey executives, raised $1 million from a group of Silicon Valley based angels. The startup aims to equip its students, aged 6-13, with essential 21st-century skills.


Fintech startup Wage secures $5m to scale credential-less payroll data API
Published: 14-04-2021 | 10:37:00 | By: Pie Kamau
Wage, an infrastructure software solution that lets people seamlessly and securely share their payroll data with third parties, announced the close of $5 million in funding to scale customer acquisition and support additional payroll data partnerships.


Grow-NY startup business competition kicks off year 3
Published: 14-04-2021 | 10:20:00 | By: Pie Kamau
The application window for the 2021 Grow-NY million-dollar top prize business competition is now open for submissions. Grow-NY, a unique initiative which connects innovators and investors in the food, beverage and agriculture.


Plug and Play Cleveland selects six startups into the Spring 2021 Health Program
Published: 14-04-2021 | 10:03:35 | By: Pie Kamau
Plug and Play Cleveland has announced the selection of 6 new startups into the Spring 2021 Health Program. These startups were selected with input from Plug and Play's corporate partners.


Cincinnati startups Abre and Pay Theory partner to transform education
Published: 13-04-2021 | 15:25:00 | By: Pie Kamau
Abre.io (Abre), and Pay Theory announced their partnership to help them better achieve their shared mission of breaking down socioeconomic and technical barriers to education.


Chicago-based venture capital firm Starting Line closes $30m second fund to continue funding consumer startups
Published: 13-04-2021 | 15:10:00 | By: Pie Kamau
Starting Line, the Chicago-based venture capital firm, announced that it has closed $30 million for its second fund, dedicated to expanding access to technologies, products, and experiences for the 99 percent of Americans.


HawkEye 360 secures $55m Series C funding round to support expansion of satellite startup's infrastructure
Published: 13-04-2021 | 14:45:00 | By: Pie Kamau
HawkEye 360, the global commercial provider of space-based radio frequency (RF) data and analytics, announced it has secured $55 million in additional funding, bringing its total raised to over $155 million.


Energy Transition Ventures launches first venture capital fund in Texas dedicated to energy transition
Published: 13-04-2021 | 14:21:14 | By: Pie Kamau
Energy Transition Ventures (ETV) has launched as the first venture fund in Texas exclusively dedicated to investing in energy transition technologies.


Indian fintech startup Avanti raises $26m in Series A funding round to further invest in its digital tech platform
Published: 13-04-2021 | 11:15:00 | By: Pie Kamau
Indian fintech company Avanti Finance (Avanti) secured $26 million in debt and equity from Oikocredit, Bill and Melinda Gates Foundation, Nomura and the family office of Pratul Shroff.


Berkeley-based incubator Batchery announces new cohort of startups, "Batch 12"
Published: 12-04-2021 | 14:07:00 | By: Pie Kamau
Eleven early-stage startups have joined the Batchery's three-month Deep Dive program for entrepreneurs. The program focuses on helping startups get over their first set of growth hurdles.


Lithium-ion battery recycling and manufacturing startup Battery Resourcers raises $20m Series B funding
Published: 12-04-2021 | 13:33:00 | By: Pie Kamau
Battery Resourcers, a vertically integrated lithium-ion battery recycling and manufacturing company, completed a $20 million Series B equity round.


Pan-African fintech platform Appzone secures $10m Series A funding
Published: 12-04-2021 | 13:12:00 | By: Pie Kamau
Appzone, the Pan-African fintech software provider building proprietary solutions for the continent’s banking and payments industries, announced the close of its $10 million Series A round.


Kigali-based electric mobility startup Ampersand raises $3.5m from EIF
Published: 12-04-2021 | 12:36:00 | By: Pie Kamau
Kigali based electric motorcycle startup Ampersand has raised $3.5 million in funding from the Ecosystem Integrity Fund (EIF) to rapidly scale its electric motorcycle and swap station network in Rwanda.


Solar home systems startup Baobab+ raises €4m to expand in Côte d’Ivoire and Senegal
Published: 12-04-2021 | 12:21:00 | By: Pie Kamau
Solar home systems social enterprise startup Baobab+ has raised €4 million in financing for the expansion of its activities in Côte d’Ivoire and Senegal.


[Startup Interview] PJF Schmidt, Lucas Brosi, Marcus Luer, Urs Meier, Founders, Heroes AG, Switzerland
Published: 09-04-2021 | 17:31:00 | By: Bob Koigi
Heroes AG is a Swiss startup that has tapped into the underdeveloped fan merchandising sector through distribution of modern and trendy lifestyle products.


Virtual hospitality startup Vin Social announces launch of equity crowdfunding campaign
Published: 09-04-2021 | 11:51:00 | By: Pie Kamau
Virtual hospitality startup Vin Social announced its first-ever equity crowdfunding campaign in partnership with Wefunder and the Arora Project.


LineVision startup secures $12.5m in Series B financing to scale grid enhancing technology
Published: 09-04-2021 | 11:30:00 | By: Pie Kamau
LineVision, the provider of non-contact overhead power line sensor solutions to monitor, optimize, and protect critical energy delivery infrastructure, announced the closing of its Series B financing round, raising $12.5 million to accelerate growth.


Empathy startup raises $13m seed round to help minimize burdens after losing a loved one
Published: 09-04-2021 | 10:36:00 | By: Pie Kamau
Empathy, a platform helping families navigate the journey they face after losing a loved one, announced the launch of its application on iOS and Android for users across the United States.


Cyber security startup Calamu raises $2.4m seed to pioneer auto-healing data protection
Published: 09-04-2021 | 09:48:00 | By: Pie Kamau
Calamu, a data protection and resiliency trailblazer, announced it has emerged from stealth after closing $2.4 million in an oversubscribed seed round.


dClimate raises $3.5m seed round to create first decentralized network for climate data
Published: 09-04-2021 | 09:24:00 | By: Pie Kamau
dClimate, the first decentralized network for climate data, announced the closing of an oversubscribed $3.5 Million seed financing round led by CoinFund, with participation from Multicoin Capital and Republic Labs.


Fintech startup Marquee Equity helps Qolo.io close its seed round
Published: 08-04-2021 | 17:56:00 | By: Pie Kamau
Marquee Equity, a fintech platform, has helped a Florida-based B2B Payments company, Qolo.io, close its seed round.


MicroAcquire's acquisition of Exitround sets new founder-friendly model for getting acquired
Published: 08-04-2021 | 17:41:00 | By: Pie Kamau
Entrepreneurs face thousands of obstacles in their careers. Seed money, growth, staffing - the list is endless. Some prioritize funding, leaving them bound to venture capitalists whose goals clash with theirs.


Martech startup Ziflow raises $6m in expansion funding to meet growing demand for creative collaboration
Published: 08-04-2021 | 17:05:00 | By: Pie Kamau
Ziflow, industry's player in creative review and approval solution for agencies and brands, announced the raise of $6 million expansion round, led by Companyon Ventures.


AI startup Oxia Palus enables first hidden masterpiece on canvas, long lost behind a Pablo Picasso
Published: 08-04-2021 | 16:23:00 | By: Pie Kamau
Oxia Palus, a new-age company dedicated to using artificial intelligence to resurrect the world's most important lost artwork, announced it has recreated on canvas, the first masterpiece of another era, one lost for nearly 120 years.


Omaha-based startup Workshop raises $3.5m to simplify employee communications
Published: 07-04-2021 | 17:03:00 | By: Pie Kamau
Workshop, a delightful platform for sharing and finding important internal information, has raised a $3.5 million seed round.


AI video game wagering startup PLLAY secures additional $1m in funding
Published: 07-04-2021 | 16:50:00 | By: Pie Kamau
PLLAY, a skill-based video game wagering platform, has raised an additional $1 million in funding, bringing its total to $4 million in an oversubscribed seed round.


Fintech startup ROSHI to disrupt billion dollar home loan industry in Singapore
Published: 07-04-2021 | 16:40:00 | By: Pie Kamau
Touted as a disrupter in financial comparison, ROSHI plans to provide Singapore with a first to market home loan marketplace, which connects customers.


Scottish hospitality software startup Stampede launches Prep Starts Now campaign to reopen, digitise and grow hospitality businesses
Published: 07-04-2021 | 16:14:00 | By: Pie Kamau
Stampede, the Scottish hospitality software startup announced the launch of its Prep Starts Now campaign, with support from Visit Scotland and more than ten hospitality / tech organisations.


Cannabis ERP technology platform BLAZE raises $8m in Series A funding for market expansion
Published: 06-04-2021 | 16:12:00 | By: Pie Kamau
BLAZE, the industry player enterprise resource planning and point of sale platform for legal cannabis, recently closed its Series A funding round at $8 million.


Grata expands seed funding round to $9.5m to accelerate growth of SMB search engine
Published: 06-04-2021 | 15:47:00 | By: Pie Kamau
Grata, the search engine for discovering small to middle market private companies, announced it expanded its seed round to $9.5 million.


Japanese startup Paidy raises $120m in Series D round
Published: 06-04-2021 | 15:36:00 | By: Pie Kamau
Paidy Inc., Japan's "Buy Now, Pay Later" (BNPL) service provider, announced it completed the Series D round of funding, raising a total of $120 million.


Innovative startup Glo brightens product line with Sesame Street characters
Published: 06-04-2021 | 15:23:00 | By: Pie Kamau
What began as a college senior project has led to an innovative startup company working with Sesame Workshop, the nonprofit organization behind Sesame Street, to light up lives through creativity and technology.


Spirits and technology startup Endless West secures $21m in Series B funding
Published: 06-04-2021 | 15:07:00 | By: Pie Kamau
Spirits and technology startup Endless West, announced it has raised $21 million in Series B funding, for a total of $33.7 million in investments to-date.


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.


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.


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.


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.


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.


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.


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.


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