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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3794687 | 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.


Mobility startup NeXt unveils iFLY, a planet-friendly personal air vehicle for the masses
Published: 12-07-2021 | 15:40:00 | By: Pie Kamau
NeXt, an advanced air mobility startup unveiled iFLY, an all-new, all-electric vertical takeoff and landing personal air vehicle created for safe, convenient and planet-friendly transportation.


Seoul-based edtech startup Mathpresso secures $50 million in Series C funding
Published: 02-07-2021 | 13:51:00 | By: Pie Kamau
Seoul-based edtech startup Mathpresso announced it has raised $50 million in a Series C funding round last week, bringing the company's total funding to $105 million.


Canadian space-tech startup SkyWatch partners with Wyvern to deliver next-gen earth observation data
Published: 30-06-2021 | 16:26:00 | By: Pie Kamau
SkyWatch Space Applications, a Waterloo-based space technology startup, signed an agreement to deliver data management capabilities to Wyvern, a commercial space data company headquartered in Edmonton, Alberta, Canada.


STAGERIE startup launches first national online home staging marketplace
Published: 30-06-2021 | 16:13:00 | By: Pie Kamau
Stagerie has launched the first national online home staging consultation marketplace, connecting real estate agents, homeowners, and expert stagers.


Pittsburgh-based startup Moonstone Nutrition launches alkali citrate capsules for kidney health support
Published: 30-06-2021 | 16:05:16 | By: Pie Kamau
Moonstone Nutrition, a Pittsburgh-based startup, has added capsules to its kidney health product line. Moonstone's patented alkali citrate formula was created by top kidney doctors with ingredients known to prevent the formation of kidney stones.


NYC creator economy startup Pietra raises $15m to champion creators, streamline entrepreneurship
Published: 30-06-2021 | 15:56:00 | By: Pie Kamau
Pietra, the new platform that gives Creators the tools to bring an idea for a product line or brand to life from start to finish, today announced it has raised $15 million in a Series A funding round.


Boston-based startup Mombox acquires WellNested to provide full suite of postnatal care services
Published: 30-06-2021 | 15:35:10 | By: Pie Kamau
D2C postnatal care company, Mombox, announced its acquisition of WellNested, a Boston-based technology solution company designed to help new parents find and book quality and affordable postnatal care services.


AI startup LLENA (AI) partners with Southern University to support (USDA/NIFA) Agriculture and Food Research Initiative
Published: 29-06-2021 | 14:24:00 | By: Pie Kamau
LLENA (AI) Health Solutions, announced a partnership with Southern University in Baton Rouge, Louisiana to support their "Center of Excellence for Nutrition, Health, Wellness, and Quality of Life" initiative to address diet-related health disparities.


Food and beverage tech startup Botrista closes $10m Series A to make craft beverages accessible via robotic automation
Published: 29-06-2021 | 14:12:00 | By: Pie Kamau
Botrista Technology, a company revolutionizing the beverage industry with the Botrista DrinkBot, announced it has raised $10 million in a Series A funding.


Tokyo-based AI startup Attuned launches writer fellowship on Substack
Published: 29-06-2021 | 13:52:39 | By: Pie Kamau
Attuned, a Tokyo-based tech startup that uses psychology and AI to track intrinsic motivation and boost employee engagement, announced the launch of a global writing competition on digital newsletter-publishing platform Substack.


South African delivery startup Picup introduces premium driver network for businesses
Published: 29-06-2021 | 13:34:02 | By: Pie Kamau
South Africa's crowdsource delivery tech startup Picup has introduced a premium service aimed at businesses that require drivers to represent their brand.


Catalyst Fund announces Circle of Corporate Innovators to accelerate startup-corporate partnerships
Published: 29-06-2021 | 13:23:16 | By: Pie Kamau
Global inclusive tech accelerator Catalyst Fund, managed by BFA Global, today formally announced its Circle of Corporate Innovators, with its first members, Fidelity Bank, Ecobank, Sterling Bank, Access Bank and the VFD Group.


IFC supports early-stage technology startups in Central and Southeast Europe
Published: 28-06-2021 | 08:19:31 | By: Pie Kamau
Early-stage technology startups in Central and Southeast Europe will have improved access to finance, in the wake of an investment by IFC that aims to support the region's potential to foster technology development and application.


Female-founded wellness startup House of Wise raises $2m, launches full line of organic CBD products
Published: 25-06-2021 | 12:06:00 | By: Pie Kamau
New female-founded CBD brand House of Wise announced a $2 million seed funding round to improve the lives of women everywhere through community, content, and trustworthy CBD products.


Flats or Spikes startup raises more than $900K to scale next-generation running platform
Published: 25-06-2021 | 11:45:00 | By: Pie Kamau
Flats or Spikes raised more than $900K to revolutionize data capture and data science for distance runners on Cross Country, Track and Field, road racing, and professional endurance sports teams in a Pre-Seed round of financing.


Toronto-based multifamily proptech startup Yuhu launches in the US
Published: 25-06-2021 | 11:33:54 | By: Pie Kamau
Toronto-based multifamily proptech startup Yuhu announced a market entrance into the U.S. operations technology marketplace, offering their unique co-innovative property management software solution to owners and managers across the United States.


Neurotech startup Humm launches public beta for world's first consumer, learnable
Published: 25-06-2021 | 11:24:00 | By: Pie Kamau
humm, a neurotech company focused on helping people learn throughout their lives, launched a public beta for the world's first consumer, learnable - a noninvasive wearable that's clinically proven to improve your ability to learn.


Seattle based healthtech startup bttn. raises $1.5m to automate the future of medical supply
Published: 25-06-2021 | 11:11:00 | By: Pie Kamau
Healthtech startup bttn. closed a $1.5 million seed round from a group of technology and supply chain leaders.


GG4L acquires edtech startup Stackup
Published: 24-06-2021 | 13:31:00 | By: Pie Kamau
Global Grid for Learning (GG4L), announced the acquisition of Stackup, an edtech startup with a focus on learning outcomes in K-12 education.


Tech startup Drata raises $25m Series A to accelerate rapid growth of its security and compliance automation platform
Published: 24-06-2021 | 13:15:00 | By: Pie Kamau
Drata, a next-gen security and compliance automation company, announced $25 million in Series A funding led by GGV Capital. The new financing comes six months after the company's initial seed round and launch out of stealth.


Medtech startup Mon Health wins ECRI achievement award for technology innovation collaboration
Published: 24-06-2021 | 13:02:00 | By: Pie Kamau
ECRI, an independent, nonprofit organization improving the safety, quality, and cost-effectiveness of care across all healthcare settings, named Mon Health System of Morgantown, West Virginia, the winner of its 15th Health Devices Achievement Award.


Tech startup COSMO Technologies secures funding, announces new product launch
Published: 24-06-2021 | 12:32:00 | By: Pie Kamau
COSMO Technologies, a first-of-its-kind family technology design and manufacturing company, announced the closing of its Pre-Seed funding round.


Monetized social media startup fanbase to debut new short form video / music editor
Published: 24-06-2021 | 12:20:14 | By: Pie Kamau
Fanbase, the subscription-based social platform that empowers any user to monetize their content, unveiled plans to roll out a new, short form video and music editor function.


Cybersecurity startup Hive Pro secures $3m in seed funding
Published: 23-06-2021 | 14:27:00 | By: Pie Kamau
Silicon Valley-based Hive Pro, creator of Predictive Vulnerability Analytics (PVA), announced it has closed $3 million in seed financing led by Simpra Holdings.


B2B news wire startup Zenger raises $10m in Series Seed funding round
Published: 23-06-2021 | 14:18:00 | By: Pie Kamau
World's first digitally native wire service, Zenger News, announced it has closed a Series Seed round, raising $10 million. The investment is being used to enhance Zenger's propriety software and onboard an ever-growing number of news outlets.


TycoonInvest launches platform for general public to invest in startups and small businesses
Published: 23-06-2021 | 14:08:00 | By: Pie Kamau
TycoonInvest announced the launch of a platform for the general public to invest in startups and small businesses.


Israeli foodtech startup Better Juice raises $8m in seed funding
Published: 23-06-2021 | 13:50:00 | By: Pie Kamau
Israeli foodtech startup Better Juice, the first company to reduce all sugars from natural juices, announced it has raised $8 million in seed-round investment.


bp invests $7m in electric vehicle charging startup IoTecha
Published: 23-06-2021 | 10:05:00 | By: Pie Kamau
bp ventures has invested $7million in smart electric vehicle (EV) charging firm, IoTecha, leading a $13.2 million investment round.


Cannabis marketplace and purchasing platform MainStem named Microsoft Partner for Startups
Published: 22-06-2021 | 13:55:04 | By: Pie Kamau
MainStem, the cannabis industry's only marketplace and combined integrated purchasing platform, announced it has been selected as a Microsoft Partner for Startups.


Venture capital firm MetaProp closes $100m Fund III for investment in early-stage proptech startups
Published: 22-06-2021 | 13:38:00 | By: Pie Kamau
MetaProp, the New York-based proptech venture capital firm, announced the closing of its latest real estate technology seed fund, for investment in early-stage proptech startups.


Ivory Coast transport startup Moja Ride partners with O-CITY for its next phase of growth in mobility innovation
Published: 22-06-2021 | 13:06:00 | By: Pie Kamau
Moja Ride, an Ivorian startup providing a reservation and cashless payment system for transport services in Abidjan, has partnered with O-CITY for its next phase of digital innovation and future expansion.


Ethiopian-based startup Gabeya launches its revamped marketplace
Published: 22-06-2021 | 12:49:00 | By: Pie Kamau
Gabeya, the Pan-African source for freelance professional talent, has expanded its revamped marketplace, the first of its kind in terms of reach in Africa.


Kenyan insurtech startups benefit from IRA, Prudential innovation hub
Published: 22-06-2021 | 12:29:00 | By: Pie Kamau
Three Kenyan insurtech startups each received Ksh 1.25 million in cash awards from an innovation hub steered by the Insurance Regulatory Authority (IRA) in collaboration with Prudential Life Assurance and other partners, to promote insurance inclusivity.


Predictive Kids' e-Commerce startup Ten Little raises $5m to disrupt children's marketplace with personalized guidance
Published: 18-06-2021 | 13:02:00 | By: Pie Kamau
Ten Little, the predictive e-Commerce platform helping parents navigate the cluttered kids product space, announced the close of its $5 million seed round led by Kindred Ventures.


SynFutures startup raises $14m Series A funding to democratize derivative markets
Published: 18-06-2021 | 12:42:00 | By: Pie Kamau
Decentralized derivatives exchange SynFutures, announced the close of a $14 million Series A round of financing led by Polychain Capital with participation from Framework, Pantera Capital, Bybit, Wintermute, CMS, Kronos, and IOSG Ventures.


Farmtech startup Iron Ox hires first CFO, Head of Marketing as company prepares for growth
Published: 18-06-2021 | 12:30:00 | By: Pie Kamau
Iron Ox, a farming innovation company with deep expertise in robotics and artificial intelligence, hired its first Chief Financial Officer and its first Head of Marketing as the company accelerates growth and expands its commercial footprint.


Banking as a service startup Unit raises $51m Series B funding to expand the team, accelerate growth
Published: 18-06-2021 | 12:19:00 | By: Pie Kamau
Unit, the banking-as-a-service startup that empowers companies to embed financial services into their products, announced it has raised a $51 million Series B led by Accel.


MarketForce acquires Digiduka startup to consolidate distribution of consumer goods with digital financial services in Africa
Published: 18-06-2021 | 12:08:43 | By: Pie Kamau
MarketForce, the end-to-end retail distribution platform for consumer brands in Africa, announced the strategic acquisition of Digiduka, a startup on a mission to bring informal retailers in Africa into the digital economy.


B9 raises $1.7m in pre-seed round to launch fintech platform to deliver full suite of personal financial services
Published: 17-06-2021 | 14:01:00 | By: Pie Kamau
Fintech startup B9 Inc., announced it is launching a full suite of app-based financial services. The company raised $1.7 million in an ongoing pre-seed funding round and is building out a platform to address the needs of a huge market of potential customers.


Women's wellness startup Kindra raises $4.5m seed round to drive continued growth and expansion
Published: 17-06-2021 | 13:42:00 | By: Pie Kamau
Kindra, a modern wellness brand for menopause essentials, announced it closed a $4.5 million seed funding round. The new capital will be used to drive the continued growth and expansion of Kindra.


Israeli mobility investment startup Bringg completes $100m Series E investment round
Published: 17-06-2021 | 13:05:00 | By: Pie Kamau
Ituran Location and Control announced its successful early-stage mobility technology holding, Bringg, completed Series E investment round of $100 million. Following the round, Ituran's undiluted holdings are 17.2%.


Brazilian logtech startup Uello concludes $4m Series A investment deal led by the Btomorrow Ventures
Published: 17-06-2021 | 12:44:00 | By: Pie Kamau
Uello, a Brazilian logtech startup that uses technology and a collaborative network to provide express freight services with superior experience, concluded its Series A investment deal with an investment injection of $4 million.


London-based fintech startup ShareVision raises $2.1m seed for 24/7 streaming platform
Published: 17-06-2021 | 12:11:00 | By: Pie Kamau
ShareVision raised $2.1 million in seed funding to scale its financial streaming platform, where both businesses and consumers are streaming content on the stock market, economical updates and financial education.


Home design startup Yellowpop raises $4m Series A funding to continue its global expansion
Published: 16-06-2021 | 11:57:00 | By: Pie Kamau
Yellowpop, the home brand specializing in LED neon signs announced the closure of $4 million in Series A funding. Yellowpop plans to utilize the capital to continue its global expansion through 2021 and further develop as a lifestyle and home brand.


Canadian Esplanade Healthtech Ventures closes oversubscribed inaugural digital health fund
Published: 16-06-2021 | 11:43:00 | By: Pie Kamau
Esplanade HealthTech Ventures (Esplanade or the Fund), announced the closing of its oversubscribed inaugural venture fund, Esplanade HealthTech Ventures I (Fund I), with commitments totaling more than C$21 million.


Pegasus acquires early-stage venture capital firm Garage Technology Ventures
Published: 16-06-2021 | 11:26:00 | By: Pie Kamau
Pegasus Tech Ventures (Pegasus), a global venture capital firm managing over $1.5 billion in assets, has acquired seed and early-stage venture capital firm Garage Technology Ventures, based in Palo Alto.


Sustainability-focused pet care startup Petaluma launches plant-based diet for dogs
Published: 16-06-2021 | 11:10:48 | By: Pie Kamau
Petaluma, Inc., a pet care startup focused on sustainability, launched the world's first baked and plant-based formula for adult dogs of all breeds. The company's mission is to offer environmentally responsible diets that meet 100% of a dog's nutritional requirements.


SaaS startup Synder raises $2m in late seed round to revolutionize accounting for e-Commerce
Published: 16-06-2021 | 10:58:00 | By: Pie Kamau
TMT investments venture fund invested $2 million as a lead investor in a late seed round into Synder, an easy accounting solution for e-Commerce businesses.


Healthtech startup BASMA.com raises $3m Series A round to scale up its platform in the MENA region
Published: 16-06-2021 | 10:42:00 | By: Pie Kamau
UK-based, MENA focused, startup BASMA.com closed $3 million Series A funding led by MEVP with the participation of SOSF, IM capital and returning investors iSME, Cedar Mundi Ventures and IFA capital, to scale up its healthtech platform in the MENA region.


Arrington Capital launches $100m fund to invest in Algorand-based initiatives
Published: 11-06-2021 | 15:38:00 | By: Pie Kamau
Arrington Capital, a digital asset management firm in blockchain-based capital markets announced it has launched a new $100 million fund to support initiatives building on Algorand, a blockchain accelerating the convergence of decentralized and traditional finance.


Creator economy startup Koji launches New Link in Bio app, Media Wall
Published: 11-06-2021 | 15:12:00 | By: Pie Kamau
Koji, world's Link in Bio tool for the Creator Economy, announced the launch of Media Wall, a new Link in Bio app that gives Creators the ability to curate, organize and showcase a timeline of content to share with their audience.


Floral tech startup Something Borrowed Blooms raises $1.5m Series A funding to accelerate growth
Published: 11-06-2021 | 15:01:00 | By: Pie Kamau
Something Borrowed Blooms, the pioneer of the silk wedding flower revolution, announced a $1.5 million Series A funding round led by Callais Capital. This investment brings the total raise by the company to just over $2 million since 2015.


Food startup OZO expands plant-based proteins to international retail starting in Canada
Published: 11-06-2021 | 14:44:00 | By: Pie Kamau
Planterra Foods, an innovative plant-based protein startup based in Colorado, announced a supply agreement with UNFI Canada, a subsidiary of UNFI, the largest publicly traded grocery distributor in North America.


The Startup Squad creates ultimate business plan for kids
Published: 11-06-2021 | 14:28:00 | By: Pie Kamau
The Startup Squad, the go-to book series and digital platform for aspiring young girlpreneurs, released the "Startup Roadmap," a free, comprehensive business plan template for kids.


Cirona Labs startup raises $1.5m in oversubscribed seed round for expansion
Published: 09-06-2021 | 16:30:00 | By: Pie Kamau
Cirona Labs, a premier innovator in cannabinoids and other functional botanical ingredient manufacturing, announced that it closed an oversubscribed $1.5 million seed round led by LiDestri Food & Drink, BevSource, and Sweetener Supply.


California staffing startup Recruit Gigs announces new acquisitions and expansion
Published: 09-06-2021 | 16:15:00 | By: Pie Kamau
Armando Avila, CEO of the staffing company startup, Recruit Gigs, LLC has purchased Crestaff, LLC and Restoration Staffing Exchange, DBA California Labor Force.


Huobi launches incubator program to provide assets, resources and guidance for startups
Published: 09-06-2021 | 16:07:00 | By: Pie Kamau
Huobi Group, a world cryptocurrency and blockchain company, announced the initiation of its incubator program, Huobi X Center, who's goal is to empower startups by providing customers a range of resources.


Workflow management startup MaintainX raises $50m to accelerate revenue growth
Published: 09-06-2021 | 15:52:00 | By: Pie Kamau
MaintainX, the mobile-first workflow management platform for industrial and frontline workers, announced a $39 million Series B round led by Bessemer Venture Partners.


Creator economy startup Koji launches brand partnership app, Sponsor Quiz
Published: 09-06-2021 | 15:39:00 | By: Pie Kamau
Koji, the world's powerful Link in Bio tool for the Creator Economy, announced the launch of its newest Link in Bio app, Sponsor Quiz.


B2B AI-driven startup MetaSpark secures initial seed round to accelerate growth
Published: 08-06-2021 | 13:26:41 | By: Pie Kamau
MetaSpark, a B2B AI-Driven Productivity Hub SaaS platform for enterprises, announced the closing of an initial seed round of funding. The funding was secured from an undisclosed partner and is the first round of funding raised by the company.


QIMA acquires stake in London-based supply chain resiliency startup Kavida.ai
Published: 08-06-2021 | 13:13:00 | By: Pie Kamau
QIMA, the provider of quality control and supply chain compliance solutions, announced it has invested in Kavida.ai, a London-based startup that builds supply chain digital replicas and uses artificial intelligence.


Silicon Prairie startup Loophire raises $300K seed round to disrupt the recruitment industry
Published: 08-06-2021 | 12:47:00 | By: Pie Kamau
Silicon Prairie startup Loophire, announced it secured $300K seed round to disrupt the recruitment industry, currently dominated by outdated processes.


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


IFC launches program to support startups expand across the Maghreb region
Published: 08-06-2021 | 12:24:00 | By: Pie Kamau
IFC launched a new advisory program aimed at making it easier for startups in Algeria, Libya, Morocco and Tunisia, expand their operations across North Africa.


XLIO Ventures closes $53m funding facility
Published: 07-06-2021 | 15:04:00 | By: Pie Kamau
XLIO Ventures, with offices in London, Seattle, New York, Tel Aviv, and Sao Paulo announced the closing of $53 million funding facility to back an expanding roster of the Made-to-Order Startups it creates for its enterprise technology customers.


Toyota AI Ventures rebrands as Toyota Ventures, adds $300m to invest in emerging technologies and carbon neutrality
Published: 07-06-2021 | 14:45:00 | By: Pie Kamau
Toyota's first standalone, early-stage venture capital firm, Toyota AI Ventures, will change its name to Toyota Ventures and grow its total assets under management to more than $500 million with the addition of two $150 million early-stage funds.


Blockchain startup Candela Coin develops solar powered eco-friendly cryptocurrency mining protocol
Published: 07-06-2021 | 14:29:00 | By: Pie Kamau
Candela Coin, a cryptocurrency that allows holders to take part in the first ever decentralized blockchain based peer-to-peer transactive solar energy system, has developed a solar powered eco-friendly cryptocurrency mining protocol.


Moroccan Digital Development Agency, GrowIN Portugal launch initiative to support startups internationalization
Published: 07-06-2021 | 14:18:00 | By: Pie Kamau
The Moroccan Digital Development Agency (ADD) and GrowIN Portugal have launched an initiative to support Moroccan and Portuguese startups internationalization by signing a strategic agreement.


London-based workplace ethics & compliance startup Vault Platform secures $8.2m in Series A funding
Published: 07-06-2021 | 14:08:00 | By: Pie Kamau
Vault Platform, the pioneering workplace ethics & compliance platform, has closed an $8.2 million Series A funding round to service demand from its fast-growing client base, drive Artificial Intelligence technology for misconduct reporting and expand its team.


Hibob acquires workplace relationships analytics startup Cassiopeia
Published: 04-06-2021 | 10:50:06 | By: Pie Kamau
Hibob, the company behind the innovative HCM platform bob, announced its acquisition of Cassiopeia, a startup that developed AI-based workplace relationship analytics technology to help teams improve communication.


Fintech startup The Beans announces $2m in funding to simplify the path to financial success
Published: 04-06-2021 | 10:01:00 | By: Pie Kamau
The Beans, a financial technology startup built for America's Caring Class, announced $2 million in funding, led by Precursor Ventures.


Blockchain startup CiSApp to launch next gen social network
Published: 04-06-2021 | 09:41:00 | By: Pie Kamau
These days all the biggest social media platforms leave little to be desired due in no small part to rampant agenda-driven censorship, profit-driven privacy invasion and rampant use of fake accounts bent on selling sex or committing fraud.


Voice-enabled healthtech startup HandsFree Health joins Microsoft for Startups program
Published: 04-06-2021 | 09:26:44 | By: Pie Kamau
HandsFree Health, provider of WellBe, a secure, HIPAA compliant, voice-enabled virtual health assistant platform, has been selected to join the Microsoft for Startups program.


Startup STOW IT partners with airport parking operators to offer long-term travelers monthly parking at airports around the US
Published: 04-06-2021 | 09:15:00 | By: Pie Kamau
Set up and designed for long-term and monthly travelers, startup STOW IT has partnered with airport parking operators to offer the cheapest monthly rates at over 20 airports around the US, making long-term airport parking an easy option.


Kenya's Industrialization Ministry launches Startup Savanna, a business acceleration programme for early-stage startups
Published: 04-06-2021 | 08:58:00 | By: Pie Kamau
The Kenyan Ministry of Industrialization, Trade and Enterprise Development (MoITED), launched Startup Savanna, an international business acceleration programme that will link Kenyan startups to global angel investors.


Africa's e-logistics startup Lori Systems appoints Uche Ogboi as new CEO
Published: 03-06-2021 | 15:06:00 | By: Pie Kamau
Lori Systems, Africa's e-logistics platform has announced the appointment of Uche Ogboi as its new Chief Executive Officer effective July 1 2021.


BMZ launches startup support programme for Kenyan entrepreneurs
Published: 03-06-2021 | 14:53:00 | By: Pie Kamau
The Federal Development Ministry (BMZ), has expanded its developPPP Ventures programme in Kenya to support local startups.


Cloud startup Golioth announces private beta launch and $2.5m seed round
Published: 03-06-2021 | 14:13:00 | By: Pie Kamau
Golioth, the cloud platform for hardware developers, announced a $2.5 million seed round in conjunction with a private beta launch for developers.


Arcline Investment acquires Resolution Medical
Published: 03-06-2021 | 13:56:00 | By: Pie Kamau
Arcline Investment Management (Arcline), a growth-oriented private equity firm, announced it has acquired a controlling stake in Resolution Medical, LLC from founders Steve Schmidt and Shawn Patterson.


MetaVC Partners launches debut venture capital fund focused on startups using metamaterials
Published: 03-06-2021 | 13:46:00 | By: Pie Kamau
MetaVC Partners has launched its first fund which will focus on venture investments in early-stage startups employing metamaterials technology.


Conquer Accelerator selects six startups for 2021 cohort
Published: 03-06-2021 | 13:10:00 | By: Pie Kamau
Conquer Accelerator announced its sixth season and summer 2021 cohort. The 10-week accelerator welcomes six selected teams to its East Lansing program: CrossBraining, Frizzmo, Nickels, Rebound AI, SafetySit, and Tandem.


Rapyd launches venture arm to propel digital commerce and payment innovation globally
Published: 03-06-2021 | 12:56:18 | By: Pie Kamau
Rapyd, a global Fintech-as-a-Service company, announced today the launch of Rapyd Ventures, its new venture arm that will focus on investing in early and growth stage businesses that are delivering the next wave of financial services innovation.


Canadian commercialization venture firm FACIT leads seed round in Nanology Labs
Published: 02-06-2021 | 17:07:00 | By: Pie Kamau
FACIT, a commercialization venture firm focused on advancing Ontario's top-tier oncology innovations, announced a new follow-on investment in startup Nanology Labs.


Healthcare fintech startup Green Feather secures $1.5m in seed round
Published: 02-06-2021 | 16:51:00 | By: Pie Kamau
Green Feather, an Atlanta-based healthcare fintech company, announced a seed capital raise of $1.5 million. The capital will bolster customer acquisition and engineering resources for Feather Pay, Green Feather's next-generation patient payments platform.


Shaquille O'Neal invests in at-home fitness startup MAXPRO
Published: 02-06-2021 | 16:32:00 | By: Pie Kamau
MAXPRO, the startup making at-home and connected fitness accessible to all, announced a strategic partnership with basketball Hall of Famer and entertainment icon Shaquille O'Neal.


PharmStars launches accelerator to transform how pharma and digital health startups do business
Published: 02-06-2021 | 15:23:56 | By: Pie Kamau
PharmStars announced the launch of its global digital health accelerator to transform how pharma and startups do business.


Audiotech startup Chaos Audio revamps inventive guitar multi-effects platform
Published: 02-06-2021 | 15:07:00 | By: Pie Kamau
Student-led startup Chaos Audio returns to Kickstarter with a much-improved version of its next-generation multi-effects guitar pedal, Stratus.


Tech startup Britive raises $10m to secure privileged access for multi-cloud enterprises
Published: 01-06-2021 | 12:58:00 | By: Pie Kamau
Britive, a cloud-native dynamic access management platform announced it has raised $10 million in a Series A funding round led by Crosslink Capital with participation from seed round investors Upfront Ventures and One Way Ventures.


Digital wallet startup Eco raises capital from cultural and business leaders to create a better financial future for everyone
Published: 01-06-2021 | 12:44:00 | By: Pie Kamau
Eco, a digital wallet for saving and spending, announced some of the world's most prominent cultural icons participated in its recent fundraise of more than $26 million, alongside a16z Crypto, Founders Fund, and more than one hundred others.


Latin American proptech startup Houm raises $8m to expand and consolidate across the region
Published: 01-06-2021 | 12:18:00 | By: Pie Kamau
Latin American proptech startup Houm raised $8 million round after Y Combinator Winter 2021 program which it will invest in for growth and consolidation its actual markets.


Podcasting startup Spokn closes oversubscribed $4m seed round funding for market expansion
Published: 01-06-2021 | 11:57:00 | By: Pie Kamau
Spokn, the podcasting platform for work, announced it has closed an oversubscribed $4 million seed round with funding from NEA, Y Combinator, along with Reach Capital, Funders Club, Liquid2, Share Capital, SOMA Capital, Scribble VC and Hack VC.


Plug and Play Japan selects 91 Startups for its Summer/Fall 2021 Batch
Published: 01-06-2021 | 11:28:00 | By: Pie Kamau
Global Innovation Platform, Plug and Play Japan has selected 91 Japanese and international startups into its Summer/Fall 2021 Batch, which will be carried out from June to September 2021.


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