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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3825807 | Tags:



Vesalius Biocapital announces first close of fourth fund raising €95m
Published: 29-06-2023 | 15:27:00 | By: Pie Kamau
Vesalius Biocapital announced the first close of its fourth fund, Vesalius Biocapital IV, securing over €95m.


Kenyan fashion e-Commerce startup ShopZetu raises pre-seed funding to fuel growth of its marketplace
Published: 29-06-2023 | 14:25:00 | By: Pie Kamau
Kenyan fashion e-Commerce startup ShopZetu has raised $1m pre-seed funding.


Brex taps Jason Mok to support the next generation of founders
Published: 29-06-2023 | 13:51:00 | By: Pie Kamau
Brex announced that Jason Mok has joined the team to support commitment to serving startups and their founders.


IP Fabric announces $25m Series B funding to accelerate adoption of network assurance
Published: 29-06-2023 | 13:35:00 | By: Pie Kamau
IP Fabric announced it has closed $25 million Series B funding round.


Swiss medtech startup Berlin Heals completes financing round for its ongoing CE- study
Published: 29-06-2023 | 13:15:00 | By: Pie Kamau
Berlin Heals has developed a breakthrough method for therapy of heart failure.


Belgian startup NineID raises $2.6m to bridge the digital and physical worlds of corporate security
Published: 28-06-2023 | 11:23:00 | By: Pie Kamau
Belgian startup NineID announced raising $1.2m, closing its $2.6m seed round.


Kenyan startup MESH grows to reach 150,000 young entrepreneurs
Published: 28-06-2023 | 11:02:00 | By: Pie Kamau
Kenyan startup MESH, announced it has reached 150,000 members.


Nigerian healthtech startup Helium Health raises $30m Series B funding
Published: 28-06-2023 | 10:44:00 | By: Pie Kamau
Helium Health announced it has raised $30 million in Series B funding.


AdvisorCheck raises $1.8m to transform the way people vet and monitor financial advisors
Published: 28-06-2023 | 10:27:00 | By: Pie Kamau
AdvisorCheck has announced its $1.8 million seed round of funding.


1Fort raises $2m to automate and simplify cyber insurance for businesses
Published: 28-06-2023 | 10:16:00 | By: Pie Kamau
1Fort has completed a successful $2 million pre-seed round financing.


Italy’s Planckian closes €2.7m pre-seed round to develop quantum batteries
Published: 27-06-2023 | 18:36:00 | By: Pie Kamau
Planckian has raised over €2.7 million in pre-seed funding round led by Eureka! Venture.


NBA superstar Chris Paul joins plant-based startup Wicked Kitchen as investor
Published: 27-06-2023 | 18:20:00 | By: Pie Kamau
10-time NBA All-Star Chris Paul has joined the Wicked team as an investor.


Federato raises $25m Series B funding to continue catalyzing insurance's "AI moment"
Published: 27-06-2023 | 18:03:00 | By: Pie Kamau
Federato has raised $25 million in Series B funding led by Caffeinated Capital.


Kenyan mobility startup Stima secures €100k investment
Published: 27-06-2023 | 17:45:00 | By: Pie Kamau
Stima Mobility has secured €100,000 investment from DEG Impulse.


Seedstars, Fondation Botnar launch youth Wellbeing Ventures with $20m investment in Africa
Published: 27-06-2023 | 17:36:00 | By: Pie Kamau
Seedstars Capital and Fondation Botnar have invested $20m for early-stage startups.


The role of crypto-friendly banks in facilitating financial inclusion, Plug and Play
Published: 26-06-2023 | 13:16:00 | By: Pie Kamau
Financial inclusion is a key aspect of economic growth and development.


Molten Ventures leads €5m round in Oliva to expand workplace mental health support
Published: 26-06-2023 | 12:15:00 | By: Pie Kamau
Molten Ventures has led a €5 million round in Oliva.


Focused Energy startup raises $82m funding to advance laser-based nuclear fusion
Published: 26-06-2023 | 11:57:00 | By: Pie Kamau
Focused Energy raised $11m in Series A funding, bringing its total funding to $82m.


AI-enabled startup AvoMD raises $5m to combat clinician burnout
Published: 26-06-2023 | 11:44:00 | By: Pie Kamau
AvoMD announced it has closed $5 million in seed funding led by early-stage venture fund AlleyCorp.


SEI appoints Sneha Shah as Head of New Business Ventures
Published: 20-06-2023 | 15:59:00 | By: Pie Kamau
SEI has announced the appointment of Sneha Shah as an Executive Vice President and Head of New Business Ventures.


Stellantis Ventures seeds innovation with investments into sustainable mobility
Published: 16-06-2023 | 15:21:00 | By: Pie Kamau
Stellantis Ventures has been formed to support 'Dare Forward 2030' strategic plan.


Haul247 secures $3m seed funding to drive innovation in Africa’s logistics industry
Published: 16-06-2023 | 15:07:00 | By: Pie Kamau
Haul247 has raised $3 million in a seed funding round.


Germany joins Europe Startup Nation Alliance (ESNA)
Published: 16-06-2023 | 14:43:00 | By: Pie Kamau
Germany Trade & Invest (GTAI),  Europe's largest economy, has joined Europe Startup Nation Alliance (ESNA).


Orange partners with Digital Africa to strengthen the growth of African startups
Published: 16-06-2023 | 14:12:00 | By: Pie Kamau
Orange has partnered with Digital Africa, to promote and strengthen African startups.


Decentralized identity startup Intuition raises $4m funding round
Published: 16-06-2023 | 13:56:00 | By: Pie Kamau
Decentralized infrastructure provider Intuition has raised $4 million in a seed round fundraise.


Chatbots with fraud detection software are revolutionizing underwriting, Plug and Play
Published: 14-06-2023 | 16:38:00 | By: Pie Kamau
Chatbots are dramatically reshaping the insurance industry.


Manganum attracts second round of seed investment from Mitgo
Published: 14-06-2023 | 16:20:00 | By: Pie Kamau
Manganum has received has two rounds of investment from global IT company Mitgo.


Hexagon calls for startups to apply for its third Sixth Sense cohort
Published: 14-06-2023 | 15:50:00 | By: Pie Kamau
Hexagon's Manufacturing Intelligence division has announced a call for startups to apply for its third Sixth Sense cohort.


Foodtech startup PartnerSlate raises $4m from to accelerate growth
Published: 14-06-2023 | 15:33:00 | By: Pie Kamau
PartnerSlate has raised $4 million round led by Supply Change Capital.


German autonomous, electric trucking startup FERNRIDE raises $31m Series A funding
Published: 14-06-2023 | 15:01:00 | By: Pie Kamau
FERNRIDE has secured $31m Series A funding.


UK renewable energy startup tem. raises £2.5m to transform the broken energy market
Published: 13-06-2023 | 10:59:00 | By: Pie Kamau
tem., the UK-based renewable energy startup, has secured £2.5m funding round.


Financial IT launches Fintech Pathfinder, showcasing the most promising fintech startups
Published: 13-06-2023 | 10:36:00 | By: Pie Kamau
Financial IT announced the launch of its highly anticipated Fintech Pathfinder.


AI-driven pet biometrics startup Petnow launches in France
Published: 13-06-2023 | 10:19:00 | By: Pie Kamau
Petnow, the provider of advanced pet identification solutions, announced the expansion of its groundbreaking app to the French market.


Montfort Ventures opens inaugural branch in San Diego, California
Published: 13-06-2023 | 10:04:00 | By: Pie Kamau
Montfort Ventures, a boutique startup fundraising advisory firm, announced the opening of its inaugural branch in San Diego.


Customer success platform ZapScale secures $2.5m seed funding to accelerate growth
Published: 13-06-2023 | 09:44:00 | By: Pie Kamau
ZapScale announced it has successfully raised $2.5 million in seed funding.


Volvo Group Venture Capital invests in Trucksters to manage innovative relay trucking in Europe
Published: 12-06-2023 | 16:06:00 | By: Pie Kamau
Volvo Group Venture Capital has invested in Madrid based startup, Trucksters.


SAP selects YOOBIC for an exclusive startup program
Published: 12-06-2023 | 15:52:00 | By: Pie Kamau
YOOBIC, the all-in-one Frontline Employee Experience Platform, announced it has been selected by SAP.


Mental health startup Anise raises $1.2m pre-seed to expand culturally-responsive care
Published: 12-06-2023 | 15:36:00 | By: Pie Kamau
Anise Health, a digital mental health company, completed $1.2m pre-seed round.


[Column] Patrick Ndegwa: Journey to the centre of the cloud; why Kenya should store data locally
Published: 12-06-2023 | 15:16:00 | By: Pie Kamau
Kenyan businesses are migrating to the cloud en masse.


Africa among top 3 regions prone to mobile financial scam, report
Published: 12-06-2023 | 14:58:00 | By: Pie Kamau
Throughout 2022 and the first quarter of 2023, 14% of installs of potentially unwanted mobile financial apps on Android phones were made.


[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Published: 09-06-2023 | 12:40:00 | By: Pie Kamau
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo.


Cambridge-based biotech startup Uncommon raises $30m
Published: 09-06-2023 | 12:27:00 | By: Pie Kamau
Biotech startup Uncommon has raised $30m to pave way for scalable cultivated meat utilising RNA technologies.


Karoo Health raises $3.4m in oversubscribed seed round
Published: 09-06-2023 | 11:57:00 | By: Pie Kamau
Karoo Health announced the closing of an oversubscribed seed round of $3.4 million.


Fintech firm LemFi expands diaspora remittance services to Kenya
Published: 09-06-2023 | 11:45:00 | By: Pie Kamau
LemFi announced it has formally launched its diaspora remittance services in Kenya. 


SK networks invests $2m in AI farming Dutch startup Source.ag
Published: 09-06-2023 | 11:35:00 | By: Pie Kamau
SK networks announced it will invest $2m Series A funding round of $27 million for Source.ag.


[Interview] Renate Swanepoel, COO, INC. Networking
Published: 07-06-2023 | 15:43:00 | By: Pie Kamau
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker.


Web3 and the rise of the digital asset investor, Plug and Play
Published: 07-06-2023 | 15:23:00 | By: Pie Kamau
Web3 is a more decentralized system for sharing data and managing digital assets.


Reseda Group invests $2m in five fintech startups
Published: 07-06-2023 | 15:09:00 | By: Pie Kamau
Reseda Group announced it is investing more than $2 million to support five emerging fintech companies.


GGV Capital launches NextGen Fellowship 2023 program
Published: 07-06-2023 | 14:54:00 | By: Pie Kamau
GGV Capital announced NextGen Fellowship 2023 program to promote diversity, inclusion in the tech Industry.


Aena launches the second call of its startup acceleration program
Published: 07-06-2023 | 14:42:00 | By: Pie Kamau
Aena has launched Aena Ventures, an open innovation program for accelerating startups.


WEMIX, Hub71 partner to grow global blockchain startup ecosystem
Published: 05-06-2023 | 16:20:00 | By: Pie Kamau
WEMIX and Hub71 have partnered to accelerate growth of their Web3 for startups.


[Column] Nixon Gecheo: Agtech, a pivotal force driving climate change action in agriculture
Published: 05-06-2023 | 16:02:00 | By: Pie Kamau
The agricultural sector is a significant contributor to greenhouse gas emissions.


AWS selects 25 African startups for its Fintech in Africa accelerator
Published: 05-06-2023 | 15:45:00 | By: Pie Kamau
25 African fintech startups have been selected for the inaugural AWS FinTech Africa Accelerator cohort.


Woflow acquires European startup XtremeAI to expand reach bolster AI capabilities
Published: 05-06-2023 | 15:08:00 | By: Pie Kamau
Woflow, the data infrastructure company, announced the acquisition of XtremeAI


Travel experience marketplace GetYourGuide secures $194m to accelerate global expansion
Published: 01-06-2023 | 12:56:00 | By: Pie Kamau
GetYourGuide announced the closing of $194 million in equity and credit financing.


Swiss lender Teylor secures €275m to support SMEs through its credit platform
Published: 01-06-2023 | 12:35:00 | By: Pie Kamau
Swiss fintech Teylor has secured €275m funding from Barclays and other investors.


Lawyer.com launches Million Dollar AI Challenge to expand legal access
Published: 01-06-2023 | 11:52:00 | By: Pie Kamau
Lawyer.com is ramping up a worldwide search to discover the next groundbreaking innovation in Legal AI.


[Column] Somesh Adukia: Paper versus digital; the future of work
Published: 01-06-2023 | 11:12:00 | By: Pie Kamau
Digitization is revolutionizing the way businesses operate across the globe.


Plug and Play, Suncor partner to accelerate sustainable energy, digital transformation
Published: 01-06-2023 | 11:01:00 | By: Pie Kamau
Plug and Play has announced a new relationship with Suncor.


Amazon to invest $150 million in incubators, VCs and accelerators that fund underrepresented entrepreneurs
Published: 05-10-2022 | 14:50:53 | By: Bob Koigi
Amazon expects to support more than 10 funds and over 200 companies through the next year.


Dutch game-tech startup Enliven raises €1m for groundbreaking empathy training in virtual reality
Published: 12-09-2022 | 11:29:00 | By: Pie Kamau
Together with Oost NL, LUMO Labs is investing €1 million in game-tech company Enliven. This Dutch startup from Arnhem offers groundbreaking empathy training for the prevention of physical and emotional violence in home and workplace.


Rocket VR Health chosen for Newchip's seed-stage global accelerator program
Published: 28-06-2022 | 14:15:00 | By: Pie Kamau
Rocket VR Health was accepted into Newchip's renowned global accelerator program designed to provide all the skills and tools seed-stage founders need to rapidly fund, build and scale their companies.


Enterprise device management startup ManageXR raises $4m seed round to scale XR for business
Published: 10-01-2022 | 14:44:00 | By: Pie Kamau
ManageXR, an enterprise device management platform designed for VR and AR devices, announced it raised $4 million in Series Seed financing from Rally Ventures.


Robotics startup HaptX raises $4m investment from Crescent Cove Advisors to accelerate expansion
Published: 25-11-2021 | 11:14:00 | By: Pie Kamau
HaptX, the provider of realistic haptic gloves for VR and robotics, announced it has secured a $4 million credit facility from Crescent Cove Advisors, bringing HaptX's Series A funding to $28m, and the company's total funding to $35m.


Japanese VR startup HIKKY raises $57m Series A funding to expand its services domestically and abroad
Published: 16-11-2021 | 12:59:00 | By: Pie Kamau
Virtual reality (VR) startup and organizers of VR events in the world HIKKY raised 6.5 billion yen ($57 million) in an initial stage of its Series A funding round.


Paris-based music experience startup Stage11 raises €5m seed round to reimagine music for the metaverse
Published: 15-10-2021 | 12:29:00 | By: Pie Kamau
Immersive music experience startup Stage11 announced it has raised a €5 million euro seed round led by Otium Capital, a European venture capital fund, backed up by founder and CEO, Jonathan Belolo.


LG announces global startup competition to recruit new businesses for innovation center
Published: 02-09-2021 | 12:30:00 | By: Pie Kamau
LG Electronics (LG) announced the launch of Mission for the Future, a global challenge competition for startups to identify innovative technologies and business ideas that pave the way to the future.


Sports technology and gaming startup StatusPRO raises $5.2m seed round to accelerate growth
Published: 13-08-2021 | 15:07:00 | By: Pie Kamau
StatusPRO, a sports technology and gaming company that combines player data, augmented reality (AR) and virtual reality (VR) to create a suite of training and gaming products, announced it has raised a $5.2 million seed round.


Tech startup Tetavi closes $20m venture round to increase its presence in North America
Published: 11-08-2021 | 13:28:00 | By: Pie Kamau
Tetavi, a volumetric technology platform, announced it has closed its latest venture round led by New York-based global private equity and venture capital firm Insight Partners, with participation from OurCrowd, Nimble Ventures and additional private investors.


Miami-based startup GathR Virtual Studios raises $2.7m to evolutionize hybrid working
Published: 12-07-2021 | 16:09:00 | By: Pie Kamau
Miami-based startup, GathR Virtual Studios completed a pre-seed round to fund its innovative take on the widely used two-dimensional home-office meeting "apps" made popular during the COVID-19 shutdown.


Five women-led tech startups awarded $10k funding by Standard Chartered Women in Tech Incubator in Kenya
Published: 20-05-2021 | 14:29:00 | By: Pie Kamau
The Standard Chartered Bank has awarded 5 women-led businesses with KES 1,000,000 each. The businesses were picked from the 4th cohort of the Standard Chartered Bank Women in Tech incubation program.


Chinese iQIYI's VR startup completes Series B funding to drive innovation, expand content ecosystem
Published: 06-01-2021 | 13:27:00 | By: Pie Kamau
iQIYI Inc., an innovative market-leading online entertainment service in China, announced it has recently completed a multi-hundred million RMB Series B funding round for its virtual reality (VR) division iQIYI Intelligent.


Virtual reality startup TRANSFR secures $12 million to help displaced workers retrain for new jobs
Published: 20-11-2020 | 13:47:50 | By: Bob Koigi
TRANSFR VR, an immersive learning startup from US pioneering the application of virtual reality to simulate on-the-job training, has announced $12 million in Series A funding.


Virtual reality startup Nanome partners with Fujitsu to bring drug design software to Japanese market
Published: 15-09-2020 | 08:28:00 | By: Pie Kamau
San Diego-based virtual reality (VR) startup Nanome, has entered into an agreement with Fujitsu to bring their signature product, an immersive scientific design and collaboration platform to the Japanese market.