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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3783728 | Tags:

Engineering firm Sandvik acquires majority stake in China-based Suzhou Ahno
Published: 23-04-2024 | 16:41:00 | By: Bob Koigi
The company will be reported within the business area segment Sandvik Machining Solutions.






SUNeVision launches first startup programme to advance innovations in Hong Kong
Published: 27-09-2023 | 11:17:00 | By: Pie Kamau
SUNeVision has announced the launch of its first startup programme.


ZENCE OBJECT secures $2.5m to commercialise sustainable materials from tea residuals
Published: 28-08-2023 | 11:33:00 | By: Pie Kamau
ZENCE OBJECT has secured $2.5m from the AEF Greater Bay Area Fund (AEF GBA).


OKX Ventures invests $1m funding round in Hong Kong-based AI and Web3 startup Moonbox
Published: 07-08-2023 | 13:57:00 | By: Pie Kamau
OKX Ventures has announced a $1m investment in Moonbox.


Proptech startup NineSmart launches contactless booking solution
Published: 28-04-2023 | 15:31:20 | By: Bob Koigi
With the rising demand for property technology (PropTech), NineSmart is committed to becoming a prominent solution provider in the market with advanced IoT technology.


Chinese electric truck startup DeepWay raises $117m Series A+ round to accelerate mass production of smart electric heavy-duty truck
Published: 28-03-2023 | 12:14:00 | By: Pie Kamau
DeepWay, a smart commercial vehicle developer and manufacturer, announced it had raised $117 million Series A+ financing.


Chinese Venture Capital firm CCV signs UNPRI, makes commitment to responsible, sustainable living
Published: 14-03-2023 | 09:55:00 | By: Pie Kamau
The United Nations-supported Principles for Responsible Investment (UNPRI) has admitted CCV, an Asian-based early-stage VC firm as a signatory, making CCV one of the first Asian investment-focused signatories.


Hong Kong insurtech startup Bowtie appoints James Lau as Independent Non-Executive Director
Published: 02-03-2023 | 09:58:00 | By: Pie Kamau
Bowtie, Hong Kong’s first virtual insurer, announced the appointment of James Lau to its Board of Directors as an Independent Non-Executive Director.


Hong Kong insurtech startup Bowtie revolutionalizes traditional insurance industry with technology
Published: 28-02-2023 | 12:44:00 | By: Pie Kamau
In today’s digital age, many industries have begun to introduce emerging technologies to develop innovative services. The transformation and upgrading of the insurance industry is also in full swing.


[Column] Xiao Feng: The 10 principles of Web3
Published: 03-02-2023 | 12:52:00 | By: Pie Kamau
What is Web3? Web3 is essentially the other side of the coin in relation to blockchain technology. When we talk about blockchain, we are also talking about Web3 to a considerable extent, and vice versa.


Plug and Play China launches call for global startup applications
Published: 23-01-2023 | 11:53:00 | By: Pie Kamau
Global innovation platform Plug and Play has announced a strategic partnership with the Hong Kong Science and Technology Parks Corporation (HKSTP) and launched a call for entries for the Elevator Pitching Competition 2023 (EPiC 2023).


Beijing-based Astro-E closes seed round financing to accelerate growth
Published: 16-01-2023 | 11:35:00 | By: Pie Kamau
Astro-Energy Technology (Astro-E), a Chinese provider of household new energy products and systems, raised an undisclosed amount in Seed funding led by CAS Venture Capital, followed by Asia Green Fund (AGF) and Ningbo Angel Capital Guiding Fund.


Season Group acquires IoT tech startup Pycom to give all connected ideas an opportunity to succeed
Published: 14-12-2022 | 08:59:00 | By: Pie Kamau
Season Group, an international electronics design and manufacturing services provider headquartered in Hong Kong, announced its acquisition of all assets of Pycom, a full stack Internet of Things (IoT) company.


HashKey and SEBA Bank partner to accelerate institutional adoption of digital assets in Hong Kong and Switzerland
Published: 05-12-2022 | 10:18:00 | By: Pie Kamau
HashKey and SEBA Bank announced a partnership to leverage their digital asset service offerings as well as custody and asset management products to accelerate institutional adoption of digital assets.


Chinese web3 startup Viide shows ambition to leverage advertising through Decentralized Screen Network
Published: 30-11-2022 | 12:47:00 | By: Pie Kamau
Viide, a web3 startup has shown its ambition to leverage the value of web3 advertising in China through its Decentralized Screen Network.


Hong Kong and Singapore lead green fintech development among the five economies in the APEC region, study
Published: 31-10-2022 | 10:42:00 | By: Pie Kamau
GoImpact, together with The CUHK Business School, released the findings from their working paper, Exploring the Green Fintech Ecosystem in Asia: Insights from Five Economies in APEC.


GS1 Hong Kong unlocks the next generation of trade finance service for SMEs in China
Published: 31-10-2022 | 07:21:00 | By: Pie Kamau
GS1 Hong Kong (GS1 HK) announced it has welcomed the launch of Commercial Data Interchange (CDI) by the Hong Kong Monetary Authority (HKMA).


Meet female scientists who develop cellular and gene therapies in China, Jiang and Zhang
Published: 27-10-2022 | 12:16:00 | By: Pie Kamau
Inside Namtai Inno Park in Guangming District hides a low-profile biomedical development firm; Shenzhen Wingor Biotechnology company.


BRV China-backed HPC-AI Tech startup completes $6m seed and angel round financing
Published: 15-09-2022 | 11:02:00 | By: Pie Kamau
HPC-AI Tech, an artificial intelligence high-performance optimization startup announced the closing of $6 million seed and angel rounds, with BlueRun Ventures China (BRV China) acting as the lead investor for the angel round.


Chinese biotech startup CellOrigin partners with Qilu Pharmaceutical to develop "off-the-shelf" CAR-iMAC cell therapy
Published: 05-09-2022 | 13:16:00 | By: Pie Kamau
CellOrigin Biotech has made an agreement with Qilu Pharmaceutical on strategic global collaborations to develop, manufacture and commercialize a proprietary "off-the-shelf" CAR-iMAC cell therapy.


Chinese Grand Pharma backs Dutch medtech Xeltis with €15m
Published: 10-08-2022 | 12:27:00 | By: Pie Kamau
Xeltis, a medtech company developing the most advanced polymer-based restorative cardiovascular devices, announced that a Chinese company, Grand Pharmaceutical Group, has committed to invest €15 million in equity and license fees.


Qiming Venture Partners closes $3.2b funds to back early and growth stage tech startups in China
Published: 11-07-2022 | 10:30:00 | By: Pie Kamau
China based venture capital firm Qiming Venture Partners announced the closing of $3.2 billion, including USD Fund VIII at $2.5 billion and the first closing of RMB Fund VII at $700 million.


Lummus announces successful startup of CATOFIN PDH unit in China
Published: 01-07-2022 | 14:21:00 | By: Pie Kamau
Lummus Technology announced the commissioning and startup of a propane dehydrogenation (PDH) unit at Shandong Ruize Chemical Technology's complex in China.


Chinese biotech startup Meta Pharmaceuticals raises $15m to accelerate its pipeline development
Published: 15-06-2022 | 13:44:00 | By: Pie Kamau
META Pharmaceuticals, China's first immunometabolism-based small-molecule drug discovery company, announced two consecutive Seed and Pre-A funding rounds totaling $15 million.


Chinese ARHUD solution provider Raythink completes Series A+ financing to accelerate mass production of in-vehicle AR displays
Published: 15-06-2022 | 11:35:13 | By: Pie Kamau
Raythink, the ARHUD solution provider for the automotive and transportation industry, announced it has raised around $15 million in a Series A+ funding round led by Chengwei Capital.


BRV China-backed eVTOL startup Zerog closes $1.48m seed round to accelerate growth
Published: 07-06-2022 | 10:26:00 | By: Pie Kamau
Zerog, a Chinese electric vertical take-off and landing (eVTOL) aircraft developer, completed a $1.48 million seed round with BlueRun Ventures China (BRV China) as the sole investor.


Foodtech startup Haofood partners Lawson to accelerate presence in China
Published: 11-05-2022 | 12:30:00 | By: Pie Kamau
Haofood, a food science and technology startup announced a new partnership with Chinese convenience store Lawson where customers will gain greater access to its products.


Biotech startup AskGene completes of $20m Series A financing to accelerate growth
Published: 10-05-2022 | 10:45:00 | By: Pie Kamau
AskGene, a clinical-stage biopharmaceutical company focusing on discovery and development of innovative biological drugs, announced the completion of $20 million in Series A financing.


Cross-border fintech startup Dowsure raises $20m to fuel growth of e-Commerce sellers in China
Published: 22-02-2022 | 12:07:00 | By: Pie Kamau
Shenzhen-based fintech startup Dowsure Technologies, has attracted the attention of global strategic investors, fueling the growth of millions of e-Commerce sellers from China on marketplaces like Amazon, eBay, Shopee and more.


The Sandbox and Brinc announce $50m open metaverse accelerator program funding for 100 startups
Published: 27-01-2022 | 11:18:00 | By: Pie Kamau
The Sandbox, a decentralized gaming metaverse, has committed $50 million to Brinc, a global venture accelerator, for The Sandbox Metaverse Accelerator Program, which will target 100 startups to enhance the open metaverse.


SOMA.finance closes $6.5m seed funding round to accelerate growth
Published: 24-01-2022 | 15:09:00 | By: Pie Kamau
SOMA.finance, a Hong Kong and New York-based decentralized marketplace for digital assets, announced the completion of a $6.5 million seed funding round.


Chinese autonomous driving startup Haomo.AI raises nearly RMB 1 Billion, reaches Unicorn status
Published: 04-01-2022 | 10:09:00 | By: Bob Koigi
Beijing-based autonomous driving startup Haomo.AI has raised nearly 1 billion yuan (close to $150 million) in its Series A financing round, giving itself strong financial momentum to expand this new year.


Chinese gaming and entertainment startup Talon closes $5m Series A funding to accelerate growth
Published: 25-11-2021 | 12:31:00 | By: Pie Kamau
Talon, the Hong Kong headquartered competitive gaming, entertainment and culture brand announced it has secured $5 million in equity capital in its Series A financing round.


Illumina and Sequoia Capital select first startups to join Genomics Incubator in China
Published: 18-11-2021 | 08:56:00 | By: Pie Kamau
Illumina and Sequoia Capital China, an investment firm, jointly announced the selection of the first two startup companies joining the Sequoia Capital China Intelligent Healthcare Genomics Incubator, Powered by Illumina.


Chinese SEI Robotics partners with Silicon Valley's Medtrics to bring telemedicine service to Android TV
Published: 29-10-2021 | 15:44:00 | By: Pie Kamau
SEI Robotics, a global innovator of smart IOT devices & provider of Android TV platforms for Pay-TV operators (MVPD), announced its strategic partnership with Medtrics, the Silicon Valley startup, player of digital health service.


Chinese autonomous driving startup WeRide releases next-gen small, lightweight Sensor Suite 4.0
Published: 28-10-2021 | 09:15:00 | By: Pie Kamau
WeRide, a Chinese L4 autonomous driving company released WeRide Sensor Suite 4.0 (Suite 4.0), marking another key step towards the mass production of self-driving vehicles.


Chinese startup MioTech raises additional financing to develop sustainability innovations that support net-zero global economy
Published: 26-10-2021 | 11:22:07 | By: Pie Kamau
MioTech announced it has secured investments to further its commitment to develop sustainability innovations that support a net-zero global economy.


Chinese autonomous driving startup WeRide named "AutoTech Startup of the Year" in 2021 AutoTech Breakthrough Awards Program
Published: 21-10-2021 | 12:49:00 | By: Pie Kamau
WeRide, a world autonomous driving company, has been named "AutoTech Startup of the Year" in the annual AutoTech Breakthrough Awards conducted by market intelligence organization AutoTech Breakthrough.


Chinese warehouse robotics startup HAI ROBOTICS secures $200m funding to accelerate growth
Published: 22-09-2021 | 14:26:00 | By: Pie Kamau
HAI ROBOTICS, a Chinese warehouse robotics startup pioneering in autonomous case-handling robotics (ACR) system, announced it has secured two new continuous rounds of financing, garnering $200-odd million in total.


Chinese intelligent robotics startup Agile Robots completes Series C financing to accelerate growth
Published: 21-09-2021 | 10:41:12 | By: Pie Kamau
Agile Robots, an intelligent robotics company, announced the completion of a Series C financing with a total investment of $220 million. The financing was led by SoftBank Vision Fund 2, followed by financial investors.


Oddup raises $12.8m Series C funding to increase access to pre-eminent global startup ecosystem insights
Published: 01-09-2021 | 13:07:00 | By: Pie Kamau
Oddup, an international provider of data-driven insights for the startup and cryptocurrency ecosystems, announced the close of a $12.8 million Series C funding round.


HUAWEI partners with Singapore-based healthtech startup Plano to tackle global problem of myopia
Published: 05-08-2021 | 12:30:00 | By: Pie Kamau
Huawei Technologies and Plano announced a partnership to address the global problem of myopia. Through this partnership, Huawei and Plano will provide Huawei users with easy-to-use, innovative, and science-based technological solutions.


Hong Kong-based insurtech startup YAS MicroInsurance features in TOP 10 of Plug and Play Insurtech Batch 5 startups
Published: 22-07-2021 | 11:55:14 | By: Pie Kamau
Hong Kong-based next-generation Insurtech startup YAS MicroInsurance, has been featured as one of the TOP 10 of the Insurtech Batch 5 in Plug and Play APAC, a well-known global startups accelerator and innovation platform.


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.


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.


Chinese AI robotics startup Mech-Mind completes Series C funding
Published: 24-05-2021 | 14:31:35 | By: Pie Kamau
Chinese AI industrial robotics startup, Mech-Mind Robotics (Mech-Mind), completed Series C funding led by tech giant Meituan, bringing Mech-Mind's total funding to over $100 million, making Mech-Mind one of the world's most funded AI+ industrial robotics startups.


Chinese biopharma startup Alebund Pharmaceuticals raises $60m in Series B financing round
Published: 11-05-2021 | 12:04:00 | By: Pie Kamau
Alebund Pharmaceuticals, a biopharmaceutical company dedicated to developing innovative therapies for the treatment of renal diseases and related chronic conditions, announced the raise of $60 million in its Series B financing round.


Revere VC raises $1.35 m seed round to give venture capital its vanguard moment
Published: 07-05-2021 | 12:34:00 | By: Pie Kamau
Revere VC, a San Francisco and Hong Kong based asset management firm, announced the launch of its flagship products and services; "The Portal,' a curated VC platform, and its inaugural fund strategy, 'The Prime Access Fund.'


Chinese biotech startup Bioheng raises $80m in Series B financing to advance allogeneic immuno-cell therapies
Published: 24-03-2021 | 15:37:00 | By: Pie Kamau
Bioheng Biotech, a clinical-stage biotechnology company dedicated on developing novel cellular immunotherapy for cancer, announced that it had secured $80 million in Series B Financing.


Chinese logistics startup Duckbill closes $50m funding
Published: 22-03-2021 | 14:59:00 | By: Pie Kamau
Duckbill, the world container trucking/drayage service platform featuring intelligent dispatching and transportation management, announced the closing of fund raising of $50 million which marks the biggest funding in the industry.


Adjuvant Capital announces $300m venture fund to improve global public health
Published: 19-02-2021 | 12:32:00 | By: Pie Kamau
Adjuvant Capital announced an oversubscribed $300 million fund focused on accelerating the development of medical innovations for historically overlooked public health challenges.


Proxima Ventures, Co-win Ventures invest in Bioelectronica to accelerate pharmaceutical discovery and development
Published: 09-02-2021 | 08:47:00 | By: Pie Kamau
Bioelectronica announced the closing of an investment by Proxima Ventures and Co-win Ventures to advance the company's innovations in digital biochemistry, from novel assay development to scalable electrofluidics.


Chinese venture capital firm Qiming closes RMB Fund VI at RMB 2.852 billion
Published: 26-01-2021 | 09:48:00 | By: Pie Kamau
Chinese venture capital firm Qiming Venture Partners announced the final closing of its RMB Fund VI at RMB 2.852 billion.


Genomics startup NuProbe closes $42m fundraising for expansion
Published: 12-01-2021 | 11:34:00 | By: Pie Kamau
NuProbe, a genomics and molecular diagnostics company specialized in ultrasensitive sequencing panels, announced the closing of its oversubscribed $42 million fundraising.


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.


Chinese autonomous truck startup Inceptio Technology raises $120m to accelerate volume production
Published: 16-11-2020 | 13:24:00 | By: Pie Kamau
Inceptio Technology, an autonomous truck company, announced a $120 million funding led by Contemporary Amperex Technology, developer and manufacturer of lithium-ion batteries.


Luxury e-commerce startup ShopWorn enters Asia with Hong Kong satellite
Published: 28-10-2020 | 13:23:53 | By: Pie Kamau
ShopWorn, e-commerce destination for well-priced, guaranteed authentic luxury brands opened a Hong Kong satellite location to directly service APAC countries, with an initial focus on the Greater China area.


Alfa Bank, Plug and Play collaborate on innovation in Fintech
Published: 30-09-2020 | 14:39:00 | By: Pie Kamau
Along with 80 other financial institutions across the United States, Frankfurt, Amsterdam, Milan, Paris, Abu Dhabi, Shanghai, Singapore, and Tokyo, Alfa Bank will join Plug and Play's global ecosystem.


Smart consumer technology startup Dreame raises $14.6m in Series B+ funding
Published: 07-09-2020 | 16:16:00 | By: Pie Kamau
Dreame Technology (Dreame), a smart consumer technology company specializing in cordless vacuum cleaners, robot vacuum cleaners and mops, announced it raised $14.6 million in its Series B+ funding led by IDG Capital.


Enygma Ventures invests R4.2m in South Africa’s human resources startup Job Crystal
Published: 31-08-2020 | 17:06:00 | By: Pie Kamau
Enygma Ventures has made a R4.2 million investment into Job Crystal, South Africa’s premier recruitment company.


British legal tech startup Thirdfort raises £1m in seed-plus funding round
Published: 31-08-2020 | 16:27:00 | By: Pie Kamau
British Legal tech startup Thirdfort secured £1 million in its latest fund raising, as the security specialist looks to capitalise on increasing demand from law firms.


Developer platform Turing.com announces $14m Seed funding round led by Foundation Capital
Published: 31-08-2020 | 16:02:00 | By: Pie Kamau
Turing.com, an automated platform that lets companies cut the time it takes to hire software engineers from months to days announced a $14 million seed funding round.


Tech startup MITO Material Solutions announces oversubscribed $1m Series Seed funding round
Published: 31-08-2020 | 15:44:00 | By: Pie Kamau
MITO Material Solutions, a cutting edge developer of additives that enable polymer manufacturers to enhance product performance, announced an oversubscribed $1 million Series Seed funding round.


Ada Labs to launch four startups by December to provide solutions for Africa
Published: 31-08-2020 | 15:18:00 | By: Pie Kamau
Ada Labs Africa with headquarters in Nairobi, Kenya announced that since it’s launch earlier this year, the fusion lab has acquired six startups. The Lab currently has two in the market with the other four launching in the coming months.


Swiss startup Olympe raises €2.3m investment round to accelerate growth
Published: 28-08-2020 | 15:49:00 | By: Pie Kamau
Olympe, a disruptive software development platform for large companies announced the closing of €2.3 million funding round.


Healthtech startup Emme closes $2.5m seed round, launches integrated technology enabled birth control solution
Published: 28-08-2020 | 14:30:00 | By: Pie Kamau
Emme, a healthcare technology company focused on women's health, announced the launch of the Emme Smart Case, an integrated solution designed to reduce the 9% failure rate of birth control pills.


102 startups selected for Plug and Play's fall 2020 batches
Published: 28-08-2020 | 14:00:00 | By: Pie Kamau
Silicon Valley headquartered global innovation platform Plug and Play has announced the selection of 102 new startups into its fall 2020 batches.


Canadian startup OpenUnit raises $150K pre-seed funding from Y Combinator
Published: 28-08-2020 | 13:43:00 | By: Pie Kamau
Toronto-based OpenUnit announced it has raised $150,000 in pre-seed funding from US accelerator Y Combinator.


Belgian startup Ampacimon raises €4m to further accelerate growth through innovative projects
Published: 26-08-2020 | 15:50:00 | By: Pie Kamau
Belgian startup Ampacimon has raised €4 million with Korys as lead investor, with existing shareholders Gesval and Creos also taking part in this financing round with a view to strengthening their historical link with Ampacimon.


Organizational Management startup ChartHop raises $14m Series A financing led by a16z
Published: 26-08-2020 | 15:22:00 | By: Pie Kamau
ChartHop, the world's first organizational management platform built to help companies plan for the future, announced it raised $14 million in a Series A financing led by Andreessen Horowitz (a16z).


AI startup Fiddler secures investment from Amazon Alexa Fund to accelerate explainable monitoring solution
Published: 26-08-2020 | 15:01:00 | By: Pie Kamau
AI startup Fiddler announced a strategic investment by the Amazon Alexa Fund to advance its explainable monitoring solution.


HR tech startup Incluzion connects diverse talent to remote work and upskilling during pandemic
Published: 26-08-2020 | 14:33:00 | By: Pie Kamau
Incluzion, the first online platform connecting companies to Black and Latinx talent for freelance work announced the launch of Incluzion Learning, and the Incluzion Remote Jobs.


Finnish startup Quuppa raises €20m to accelerate growth
Published: 25-08-2020 | 15:38:00 | By: Pie Kamau
Quuppa, a global provider of Real-Time Locating Systems (RTLS), announced its first ever round of funding, worth €20 million to accelerate growth.


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.


Sporttrade, Twin River Worldwide Holdings partner to offer online sports betting in New Jersey
Published: 25-08-2020 | 14:41:00 | By: Pie Kamau
Sporttrade, Philadelphia based sports betting startup has entered into a multi-year partnership with Twin River Worldwide Holdings, for the launch of Sporttrade's proprietary sports betting exchange product in the state of New Jersey.


MURAL raises $118m Series B funding to scale visual collaboration across global enterprises
Published: 25-08-2020 | 14:19:00 | By: Pie Kamau
MURAL, the leading digital workspace for visual collaboration in the enterprise, has closed $118 million in Series B funding, led by Insight Partners and joined by Tiger Global, Slack Fund, World Innovation Lab, and existing investor Gradient Ventures.


RNAimmune closes $2.35m seed funding for development of mRNA therapeutics and vaccines
Published: 24-08-2020 | 15:44:00 | By: Pie Kamau
RNAimmune announced the completion of its $2.35 million seed round financing from multiple venture capitalists including Terra Magnum Capital Partners.


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.


SBT Alliance named Most Promising IoT Startup 2020
Published: 24-08-2020 | 15:12:00 | By: Pie Kamau
StartUp City Magazine recognizes Smarter Building Technologies (SBT) Alliance as Most Promising IoT Startup in 2020.


Gaming startup Lootcakes raises $2m to expand rewarded data sharing for VIP gamers
Published: 21-08-2020 | 11:58:00 | By: Pie Kamau
Lootcakes, world's first network devoted to spenders in free-to-play games, announced the closing of a $2 million seed round led by Konvoy Ventures, with other participants including SOSV and GAN Ventures.


3D printed home builder ICON lands $35m funding led by Moderne Ventures
Published: 21-08-2020 | 11:35:00 | By: Pie Kamau
Developer of advanced construction technologies including robotics, software, and building materials ICON announced it has completed a $35 million series A round of financing led by Moderne Ventures.


Connectus Global closes venture funding round from Texas based CSL Ventures
Published: 21-08-2020 | 11:10:00 | By: Pie Kamau
Canadian based Connectus Global (Connectus), closed its Seed Round of financing led by Houston, Texas based CSL Ventures, the venture capital arm of energy services private equity firm CSL Capital Management.


AI startup SupportLogic raises $12m to accelerate its intelligent support platform
Published: 21-08-2020 | 10:47:00 | By: Pie Kamau
SupportLogic, world's first intelligent support platform for customer support/success teams, announced it has raised $12 million of seed and series A funding, led by Sorenson Ventures.


Fintech startup Kira closes oversubscribed $2.2m private round led by blockchain investors
Published: 20-08-2020 | 16:32:00 | By: Pie Kamau
Kira, a decentralized finance technology company, successfully closed its Seed round backed by the private equity firm Ascensive Asset Management and Alphabit Fund.


Chili Piper raises $18m Series A funding to instantly connect remote sales team to customers
Published: 20-08-2020 | 16:05:00 | By: Pie Kamau
Chili Piper, the leader in Inbound Revenue Acceleration, announced it has raised $18 million in Series A funding led by Base10 Partners with participation from Gradient Ventures, Google's AI-focused venture fund, and Flashpoint Venture Capital.


Creative Chaos, RallyCry Ventures announce $2.5m forgivable loan program for pre product startups
Published: 20-08-2020 | 12:40:00 | By: Pie Kamau
With pre product startup founders struggling to raise capital due to the COVID pandemic, Creative Chaos along with RallyCry Ventures launched a MVP Financing Program to help founders build their ideas during these difficult times.


Oregon based cannabis e-commerce startup Dutchie completes $35m Series B funding round
Published: 19-08-2020 | 15:13:00 | By: Pie Kamau
Dutchie, the world's largest and fastest-growing e-commerce solution for cannabis dispensaries announced the completion of its $35 million Series B funding round, bringing Dutchie's total funding to $53 million to date.


Traveltech startup Omio raises $100m to strengthen position as global travel platform
Published: 19-08-2020 | 14:40:00 | By: Pie Kamau
Omio, formerly GoEuro, Europe’s leading multi-modal travel booking platform, announced it has secured $100 million in investments from existing and new investors.


German traveltech startup Omio launches 'Open Travel Index' to navigate new travel era
Published: 19-08-2020 | 14:23:00 | By: Pie Kamau
Europe’s leading multi-modal travel booking platform Omio is reigniting travel by launching a new online resource to help travellers easily understand where they can travel to within Europe.


Seed stage investing and why it matters for Africa’s startup and innovation community
Published: 19-08-2020 | 08:46:00 | By: Pie Kamau
Startup entrepreneurs are working to harness Africa’s potential. Together they represent a critical pipeline of innovation that is driving high growth high impact solutions on the continent.


U.S. fintech startup Robinhood closes $200m in Series G funding
Published: 18-08-2020 | 14:49:00 | By: Pie Kamau
U.S. fintech startup Robinhood announced a $200 million Series G funding at an $11.2 billion valuation from D1 Capital Partners.


Estonian fintech startup EvoEstate secures €320K pre-seed round for global expansion
Published: 18-08-2020 | 14:26:00 | By: Pie Kamau
Estonian fintech startup EvoEstate announced a €140K pre-seed extension to close its €320K pre-seed round, backed by Lithuanian Startup Wise Guys, a Hong Kong-based stealth investment fund, and business angels from France and the Baltics.


Fintech startup Robinhood to expand customer experience team with new employees across the U.S.
Published: 18-08-2020 | 13:59:00 | By: Pie Kamau
Financial services startup Robinhood announced that this year, the company plans to hire hundreds of additional registered financial representatives in Southlake, Texas, and Tempe, Arizona.


CaixaBank launches open innovation program to support startups in Spain and Portugal
Published: 18-08-2020 | 12:49:00 | By: Pie Kamau
CaixaBank has launched a new open innovation program to support startups in Spain and Portugal called the DayOne Open Innovation Program.


Zipp Mobility gets green light for UK e-scooter trials
Published: 17-08-2020 | 15:37:50 | By: Pie Kamau
Zipp Mobility, the Irish micromobility startup, announced the UK Department for Transport (DfT) has approved the company’s e-scooter model for use in trials across the UK.


Dublin based startup Blafar secures ISO 13485:2016 certification
Published: 17-08-2020 | 15:20:18 | By: Pie Kamau
Blafar Ltd announced it has secured an internationally recognised quality management system standard certification specific to the medical device industry.


Irish agtech startup MagGrow raises €6m Series A round
Published: 17-08-2020 | 14:37:00 | By: Pie Kamau
Irish startup MagGrow, the agtech innovator that specialises in delivering crop protection products where they matter most while protecting the environment, has completed a €6m Series A round.


U.S. startup Mission Bio raises $70m to accelerate development of cancer therapies
Published: 14-08-2020 | 15:59:00 | By: Pie Kamau
California based startup Mission Bio, pioneer in high-throughput single-cell DNA and multi-omics analysis announced $70 million in its Series C financing led by Novo Growth, the growth equity arm of Novo Holdings.


Kenyan women and youth agritech startups invited to apply for $100k FoodTech Africa accelerator
Published: 14-08-2020 | 15:40:00 | By: Pie Kamau
Kenyan youth and women-led agribusinesses have been awarded an opportunity to access $100,000 as investment for their companies through the FoodTech Africa accelerator.


Ukrainian startup Liki24 raises $5m from Horizon Capital, existing investors to fuel European expansion
Published: 14-08-2020 | 14:46:00 | By: Pie Kamau
Liki24, Ukraine-based e-commerce platform for medicine delivery, raised a $5 million round from Horizon Capital and existing investors, bringing total funding raised to date to $6 million.


Online document US startup Coda raises $80m Series C round
Published: 13-08-2020 | 16:24:00 | By: Pie Kamau
US online document startup Coda raised $80 million Series C round led by Mamoon Hamid from Kleiner Perkins.


US startup Atomo Coffee raises $9m to bring molecular coffee to the market
Published: 13-08-2020 | 15:54:00 | By: Pie Kamau
Seattle based startup Atomo Coffee announced it has closed an additional $9 million in Seed funding to bring its molecular coffee to market.


[Startup Interview] Mangaldas Gupta, CEO, Magma Ash Tech, India
Published: 13-08-2020 | 12:13:00 | By: Bob Koigi
Magma Ash Tech is an Indian startup involved in the procurement, processing and export of Flyas, one of the residues produced during combustion of coal. Fly ash is used mainly as a bonding agent mainly in cement plants, ready mix concrete units, manufacture of blocks, bricks and boards.


Seattle based fintech startup Routable raises $12m for efficient business payments
Published: 12-08-2020 | 15:57:00 | By: Pie Kamau
Seattle based fintech startup Routable has raised $12 million in Series A funding from Founders Co-op, Lee Fixel, Y Combinator, Box Group, Liquid 2 Ventures, Jason Gardner, Gokul Rajaram, Aaron Schildkrout, Sam Hodges, Immad Akhund, and many others.


Finland VR/XR startup Varjo secures €46m Series C funding
Published: 12-08-2020 | 15:01:00 | By: Pie Kamau
Helsinki-based startup Varjo, a leader in industrial-grade VR/XR hardware and software, announced it has closed a €46 million round of Series C funding.


Kenyan retail-tech startup MarketForce 360 selected for Y Combinator Summer 2020 Batch
Published: 12-08-2020 | 14:17:00 | By: Pie Kamau
Kenyan retail-tech startup MarketForce has been selected for the Silicon Valley based Y Combinator Summer 2020 batch.


[Startup Interview] Tracy Mapfumo, CEO, Eny's Treats, Zimbabwe
Published: 11-08-2020 | 12:04:00 | By: Bob Koigi
Eny's Treats, a startup based in Zimbabwe, manufactures seed-based gluten free snacks that are topped up with natural and unrefined sweeteners for the upmarket urban health-conscious consumers. The startup’s CEO Tracy Mapfumo elaborates.


UK startup Omnipresent raises $2m seed funding to provide solution for remote work revolution
Published: 11-08-2020 | 10:39:00 | By: Pie Kamau
UK startup Omnipresent Group has raised $2m in a seed round led by Playfair Capital and Episode 1. The fundraise was closed within six weeks during the height of the pandemic.


[Startup Interview] Emmauel Nabuora, CEO, ParteUp, Kenya
Published: 11-08-2020 | 05:10:00 | By: Bob Koigi
Emmauel Nabuora is the CEO of Kenya-based ParteUp, an online application that gives users the opportunity to discover, create, find and share parties within their locality while allowing them to host and stream their parties to live attendees.


[Startup Interview] Kaxton Kabogoza, Founder, Kenda Interlocking Bricks, Kenya
Published: 08-08-2020 | 09:43:09 | By: Bob Koigi
Kenda Interlocking Bricks is a Kenya start up in the manufacturing sector that is championing the use of eco-friendly and affordable construction materials as it seeks to bridge the housing deficit in Kenya and the East African region. Engineer Kaxton Kabogoza the founder explains.


U.S. startup WiBotic receives industry-first FCC approval for high power wireless charging
Published: 07-08-2020 | 14:56:00 | By: Pie Kamau
Seattle-based startup WiBotic received equipment authorization from the Federal Communications Commission (FCC) for its high power transmitters and receivers.


Polish healthtech startup Infermedica raises $10.25m in Series A funding for global expansion
Published: 06-08-2020 | 16:15:00 | By: Pie Kamau
Polish healthtech startup Infermedica has raised $10.25 million in Series A funding with participation from existing investors Karma Ventures, Inovo Venture Partners, and DreamIT Ventures, as well as two new co-lead investors, EBRD and heal capital.


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.


Nigerian mobility startup Plentywaka raises $300,000 investment as it expands into Abuja
Published: 06-08-2020 | 15:19:00 | By: Pie Kamau
Nigerian mobility startup Plentywaka secured a pre-seed investment led by Emfato, Microtraction, and Niche Capital worth $300,000.


San Francisco edtech startup Springboard raises $31 million Series B funding
Published: 05-08-2020 | 15:42:00 | By: Pie Kamau
San Francisco edtech startup Springboard has raised $31 million in Series B funding led by Mark Sherman and Albert Bielinko from Telstra Ventures, Arrun Kapoor from SJF Ventures, and YB Choi from Vulcan Capital.


Seattle based startup Minnow raises $2.2 million to meet demand for contact free pickup solution
Published: 05-08-2020 | 14:34:00 | By: Pie Kamau
Minnow Technologies, a Seattle based IoT startup that has developed a contact free food delivery and pickup solution has raised $2.2 million in an oversubscribed seed round.


French startup DNA Script expands Series B funding to $89 million
Published: 05-08-2020 | 13:16:00 | By: Pie Kamau
French startup DNA Script announced a $50 million extension to its Series B financing, bringing the total investment of this round to $89 million led by Casdin Capital.


Austrian startup kompany accelerates growth with new funding, brings total raised to €14 million
Published: 05-08-2020 | 12:19:00 | By: Pie Kamau
kompany, an award winning RegTech platform for Business KYC (KYB) announced new investment of almost €6 million to accelerate growth and expand its new product lines.


Lithuanian AdTech startup RedTrack raises $500 000 from Genesis Investments and Iron Wolf Capital
Published: 03-08-2020 | 16:18:00 | By: Pie Kamau
Lithuania based AdTech startup RedTrack has received $500 000 in Seed funding from Genesis Investments and Iron Wolf Capital to make ads spend more efficiently.


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.


U.S. startup Ossia partners with Toyoda Gosei to deliver wireless power over the air in vehicle cabins
Published: 03-08-2020 | 15:39:00 | By: Pie Kamau
Toyoda Gosei Co, a Toyota Group company, has concluded a joint development agreement with Ossia Inc, a U.S. startup that leads the world in the field of wireless power solutions.


VC4A announces 2020 ‘Venture Showcase - Seed’ for African early stage startups
Published: 03-08-2020 | 14:59:00 | By: Pie Kamau
VC4A, in collaboration with technical partner AWS Activate, and network partners AfriLabs and ABAN is calling for African startups looking to raise between $150K and $1M.


Evonik invests in Chinese tech startup to support intelligent, healthier pig farming
Published: 28-07-2020 | 13:47:00 | By: Pie Kamau
Evonik’s venture capital arm has invested in SmartAHC, a Chinese technology startup that enables more intelligent and healthier pig farming.


Mitsui Chemicals, UNEP support Asian startups helping reduce plastic waste
Published: 22-05-2020 | 08:54:00 | By: Pie Kamau
Mitsui Chemicals announced that it has selected three innovative Asian startups to receive support under the Asia–Pacific Low-Carbon Lifestyles Challenge (APLCLC), a program run by the United Nations Environment Programme.


Intel Capital invests $132 million in 11 disruptive technology startups
Published: 19-05-2020 | 12:52:00 | By: Bob Koigi
Intel Capital, the global investment arm of tech giant Intel has invested $132 million in 11 technology startups.