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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3746735 | Tags:





































German insurtech Getsafe acquires French startup Luko to expand its European presence
Published: 17-10-2023 | 13:09:09 | By: Pie Kamau
Getsafe has entered into an agreement to acquire French insurtech Luko.


Stanley Capital Partners announces first resource efficiency investment with Roboyo
Published: 03-10-2023 | 12:48:00 | By: Pie Kamau
Stanley Capital Partners has announced a strategic investment in Roboyo.


Helsing raises €209m Series B to bolster defence AI capabilities for democracies
Published: 15-09-2023 | 14:10:00 | By: Pie Kamau
Defence AI company Helsing, announced it has raised €209m Series B funding.


Munich-based Aily Labs raises €19m Series A round to accelerate growth
Published: 28-08-2023 | 12:26:00 | By: Pie Kamau
Aily Labs has raised €19 million in a Series A round


Frankfurt-based compliance startup Qualifyze raises $12m to accelerate healthcare supply chain
Published: 21-08-2023 | 15:04:00 | By: Pie Kamau
Frankfurt-based startup Qualifyze announced a $12m funding round.


Berlin-based startup Mercanis raises $10m to boost savings for procurement teams
Published: 18-08-2023 | 13:40:00 | By: Pie Kamau
Berlin-based startup Mercanis announced the completion of $10m seed funding.


Berlin-based insurtech startup SureIn closes €4m designed for Europe's SMBs
Published: 15-08-2023 | 11:00:00 | By: Pie Kamau
Berlin-based insurtech startup SureIn has closed a €4 million Seed round.


Berlin-based startup NeXtWind secures $750m to build sustainable energy market in Germany
Published: 14-08-2023 | 15:11:00 | By: Pie Kamau
NeXtWind has completed $750m second financing round.


sewts raises €7m to shape the future of robotics, automation in the textile industry
Published: 09-08-2023 | 12:55:00 | By: Pie Kamau
Munich-based deep tech startup sewts has closed €7m Series A financing round.


Aachen-based deeptech startup Elevear secures seed financing for audio technology market entry
Published: 01-08-2023 | 12:47:00 | By: Pie Kamau
deeptech startup Elevear has secured seed investment.


Frankfurt-based QuoIntelligence secures €5m seed financing to accelerate growth
Published: 27-07-2023 | 14:05:00 | By: Pie Kamau
QuoIntelligence announced a €5m seed financing round.


Freiburg-based constellr secures new funding to springboard US expansion
Published: 26-07-2023 | 12:32:00 | By: Pie Kamau
constellr has secured further investment to extend its seed round to a total of €17m.


NEOM joins Startup Creasphere's program powered by Plug and Play Munich
Published: 25-07-2023 | 11:25:00 | By: Pie Kamau
Startup Creasphere has announced new partnership with NEOM.


German healthcare investor SHS Capital acquires majority stake in CAM Bioceramics
Published: 07-07-2023 | 15:56:00 | By: Pie Kamau
German healthcare specialist SHS Capital is investing in CAM Bioceramics to fuel growth


Kassel-based deep tech startup Twinsity bags €2.5m from EIC
Published: 07-07-2023 | 15:22:00 | By: Pie Kamau
Twinsity, a deep tech startup, has secured €2.5-million funding from the EIC.


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).


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.


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.


6 smart ways finance leaders are cutting business costs in 2023, Sastrify
Published: 29-05-2023 | 14:39:00 | By: Pie Kamau
It has long been a common practice for companies to make reactive cost cuts.


Alpine Space Ventures secures €60m to support the growing commercial NewSpace ecosystem
Published: 26-05-2023 | 11:06:00 | By: Pie Kamau
The EIF is committing €60m in equity to Alpine Space Ventures.


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


German startup Wingcopter secures €40 to scale up electric delivery drones and logistics services
Published: 11-05-2023 | 15:13:00 | By: Pie Kamau
The European Investment Bank (EIB) will provide a €40 million quasi-equity investment into Wingcopter, a European pioneer in unmanned delivery drone technology and related services.


[Interview] Patrick Mehrhoff, CEO and Founder, Mehrhoff Digital, Estonia
Published: 22-03-2023 | 14:12:00 | By: Pie Kamau
Patrick Mehrhoff is the Founder and CEO of Mehrhoff Digital, a Tallinn-based marketing consultancy for financial services.


Berlin-based startup The Climate Choice raises $2m funding round to decarbonize the supply chain
Published: 20-03-2023 | 14:25:00 | By: Pie Kamau
The Climate Choice, a climate intelligence software platform for decarbonizing industrial supply chains, announced $2 million in pre-seed funding.


Healthtech startup WELL invests in doctorly, launches strategic alliance to tech enable German doctors
Published: 01-03-2023 | 16:28:00 | By: Pie Kamau
WELL Health Technologies (WELL), announced it has made a strategic investment, through its wholly owned subsidiary, WELL Ventures, in doctorly GmbH (doctorly), a medical practice management software provider based in Germany.


Munich-based finway raises $10m Series A funding to reimagine spend management for European SMBs
Published: 23-02-2023 | 14:23:00 | By: Pie Kamau
finway, the German finance operating system for SMBs, has raised €9.2 million in a Series A round from Capital 49, an early stage venture fund led by founders of global fintech unicorn Airwallex.


German medtech startup HBOX Therapies raises €2.3m seed funding to accelerate clinical testing for lung treatment
Published: 22-02-2023 | 13:55:00 | By: Pie Kamau
Medtech startup HBOX Therapies, the developer of technology that facilitates lung-protective treatment of respiratory patients, received a seed investment of €2.3 million led by TechVision Fund (TVF)


German electric mobility startup Dance raises €12m to accelerate sustainable mobility solutions across Europe
Published: 17-02-2023 | 10:11:00 | By: Pie Kamau
Electric mobility subscription startup Dance has raised €12 million in additional equity and debt capital. The equity raise was led by existing investors HV Capital, Eurazeo and BlueYard. 


Berlin's EatFirst acquires London-based foodtech startup Feedr to accelerate growth
Published: 13-02-2023 | 10:41:00 | By: Pie Kamau
Berlin-based corporate food ordering platform EatFirst, has acquired Feedr, a London-based enterprise food technology platform that gives corporate customers software to support healthier daily eating in workplaces.


German startup Maya Climate closes €1.2m pre-seed funding round to accelerate growth
Published: 01-02-2023 | 12:16:00 | By: Pie Kamau
Maya Climate, a Berlin-based global project financing platform for natural capital projects, announced a pre-seed funding of €1.2m led by Germany’s High-Tech Gründerfonds (HTGF), one of Europe’s leading seed investors.


Climate finance trading platform Senken raises $7.5m to streamline and expand carbon markets offerings
Published: 30-01-2023 | 10:52:00 | By: Pie Kamau
Senken, the climate finance trading platform of on-chain carbon credits, announced it has raised $7.5 million in new funding, the most significant capital raise in its industry, led by Obvious Ventures.


German AI-powered road infrastructure SaaS startup vialytics nabs $10m Series A funding to accelerate global expansion
Published: 20-01-2023 | 10:07:00 | By: Pie Kamau
European market AI-powered road infrastructure SaaS startup vialytics has secured a $10 million Series A investment led by venture capital investor Scania Growth Capital.


Trackunit acquires German construction tech startup Flexcavo to accelerate growth
Published: 18-01-2023 | 15:14:00 | By: Pie Kamau
Global IoT services provider Trackunit, announced it has closed a deal for Germany's construction tech startup Flexcavo, enabling the telematics specialist to extend its reach in the contractor market.


Italian edtech startup Wyblo acquires college communication platform Clay to scale social learning
Published: 09-01-2023 | 09:53:00 | By: Pie Kamau
Wyblo, an Italian edtech startup creating tech to support the training industry, has acquired Clay, a Berlin-based startup that created a digital tool that helps instructors create a social classroom.


Heidelberg-based FundaMental Pharma launches with €10m seed financing to advance a First-in-Class neuroprotectant
Published: 28-11-2022 | 10:38:00 | By: Pie Kamau
FundaMental Pharma (FundaMental), a preclinical neuroscience company spun out of Heidelberg University, announced it has launched with €10 million in seed financing led by BioGeneration Ventures (BGV).


Berlin-based AI-powered startup Faircado raises €500K to transform E-commerce into Re-commerce
Published: 25-11-2022 | 08:23:00 | By: Pie Kamau
Faircado, a Berlin-based startup that provides the first AI-powered second-hand shopping assistance, announced it has raised €500,000 in a pre-seed round led by BackBone Ventures.


Munich-based startup Flowers Software secures $3.2m in seed to bring enterprise-grade workflow automation to SMBss
Published: 09-11-2022 | 12:35:00 | By: Pie Kamau
Flowers Software, an organizational management system that helps SMB companies improve their processes, announced it has raised $3.2 million in seed funding.


Berlin-based startup Crowd.dev raises €2.2m to launch the open-source platform for community-led growth
Published: 03-11-2022 | 10:55:00 | By: Pie Kamau
Berlin-based startup Crowd.dev announced it has raised €2.2 million to improve how developer-first businesses harness online communities.


Caplight secures $3m investment from Deutsche Börse to expand derivatives trading and hedging on private company shares
Published: 28-10-2022 | 14:43:00 | By: Pie Kamau
Caplight Technologies announced it has secured a strategic investment from one of the leading global market infrastructure providers, Deutsche Börse Group, as well as other existing investors.


German biotech startup Mogling Bio completes first seed investment round from Kizoo
Published: 26-10-2022 | 11:28:00 | By: Pie Kamau
Mogling Bio, a German biotech startup, announced it has successfully completed its first seed investment round from sole investor venture capital firm Kizoo Technology Capital.


German startup 35up secures €5 million to cross selling platform for SMEs
Published: 06-10-2022 | 15:21:41 | By: Bob Koigi
A German startup providing cross selling platform has received five million euros financing from VC firm Capnamic and other existing investors.


German mobility startup Wunder Mobility receives  €12 million to advance shared mobility globally
Published: 05-10-2022 | 14:45:06 | By: Bob Koigi
The investment positions Wunder Mobility as the highest funded provider of software and hardware solutions for vehicle sharing operators with fleets of e-bikes, e-scooters, e-mopeds, and cars.


German tech startup NeoCarbon raises €1.25 million to reverse climate change
Published: 30-09-2022 | 10:38:00 | By: Pie Kamau
NeoCarbon, a Berlin-based tech startup which retrofits cooling towers to remove carbon dioxide from the atmosphere, announced it has raised €1.25 million in a Pre-Seed round co-led by PropTech1 and Speedinvest,


Daiichi Sankyo joins Munich-based Startup Creasphere's program powered by Plug and Play
Published: 28-09-2022 | 11:44:00 | By: Pie Kamau
Startup Creasphere, the Munich-based digital healthcare platform of Plug and Play, has announced its new partnership with Daiichi Sankyo.


London-based Claret Capital raises €297m fund to back European tech startups
Published: 31-08-2022 | 12:03:00 | By: Pie Kamau
Claret Capital, the London-based Pan-European growth capital provider, announced the final closing of Claret European Growth Capital Fund III (Fund III), to back European tech startups.


Swedish payment startup Billogram raises €15m to accelerate growth in Europe and the DACH region
Published: 31-08-2022 | 11:47:00 | By: Pie Kamau
Swedish invoicing and payment startup Billogram has raised €15 million in funding round led by Swisscom Ventures, with participation from Partech, CNI Nordic and Inbox Capital.


Healthcare startup Prolocor announces $5.2m funding from seed round and NIH SBIR grant
Published: 31-08-2022 | 11:21:00 | By: Pie Kamau
Prolocor, a healthcare startup developing an innovative precision diagnostic test with the potential to predict the risk of thrombosis by quantifying FcγRIIa on the surface of platelets, announced the closing of an oversubscribed $3.2 million seed round.


SheMatters raises $1.5m seed funding to address medical neglect and Black maternal morbidity in the U.S.
Published: 31-08-2022 | 11:09:00 | By: Pie Kamau
SheMatters, an online platform and mobile app designed to support Black women/WOC who experience postpartum comorbidities, announced the close of over $1.5 million in seed funding.


UPTIMA secures investment from Salesforce and Docusign Ventures to fuel growth and expansion
Published: 31-08-2022 | 10:56:00 | By: Pie Kamau
Uptima, a global consulting and system integration firm, announced it has received funding from Salesforce Ventures and Docusign Ventures, to continue to enhance its IP-based accelerator, Everything-to-Revenue™.


Dublin-based startup Protex AI raises $18m to protect workplace accidents
Published: 30-08-2022 | 13:51:00 | By: Pie Kamau
Dublin-based startup Protex AI has raised a total of $18 million of investment to help further grow its presence in Europe and North America, led by Notion Capital.


FMO partners with SBC AfriTech to support next generation of early-stage African tech startups
Published: 30-08-2022 | 13:28:00 | By: Pie Kamau
FMO has partnered with a pan-African tech accelerator, Startupbootcamp (SBC) AfriTech, for the third installment of the Africa Startup Initiative Accelerator Program which is designed to scout skill and scale early-stage tech startups in Africa.


South Korean animation Startup Plask releases motion capture tool to democratize 3D animation
Published: 30-08-2022 | 13:10:00 | By: Pie Kamau
Plask, a 3D animation startup has unveiled its namesake premium motion capture and animation SaaS tool that makes 3D animation more accessible than ever.


EMURGO Ventures invests in DoraHacks to scale Cardano's Web3 developer pool and dApp ecosystem
Published: 30-08-2022 | 12:56:00 | By: Pie Kamau
EMURGO Ventures, the venture arm of EMURGO, one of the founding entities of Cardano blockchain, announced an investment into DoraHacks, a Web3 hackathon organizer.


Telit acquires California-based startup Mobilogix to provide custom IoT project and solution design services
Published: 30-08-2022 | 12:46:00 | By: Pie Kamau
Telit, a global leader in the Internet of Things (IoT), announced the acquisition of group assets from Mobilogix, a California-based startup company specializing in custom IoT solutions worldwide.


Nigerian fintech startup Grey raises $2m to simplify cross-border payments across Africa
Published: 29-08-2022 | 15:08:00 | By: Pie Kamau
Nigerian fintech startup Grey has raised $2 million in seed funding to simplify cross-border payments across Africa. The seed funding round included participation from Y Combinator, Soma Capital, Heirloom Fund and other high-profile investors.


Swiss tech startup deskbird raises $5m to accelerate growth across Europe
Published: 29-08-2022 | 14:51:00 | By: Pie Kamau
deskbird, a Swiss-based tech company on its way to becoming Europe’s leading workplace management platform, announced the closing of a $5 million Pre-Series A financing round.


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


Los Angeles-based startup RentSpree raises $17.3m Series B funding to propel growth in the rental market
Published: 29-08-2022 | 14:26:00 | By: Pie Kamau
RentSpree, the industry's premier end-to-end rental management software provider, announced it has closed $17.3 million in Series B financing.


Kenyan startups raised $820m in VC funding in the first half of 2022, data
Published: 29-08-2022 | 14:12:00 | By: Pie Kamau
Kenya has secured an enviable position among the most competitive innovation and investment destinations in Africa. The country’s attractiveness has seen Big-Tech companies troop in to set shop in the capital, Nairobi.


Nigerian B2B e-Commerce startup Omnibiz raises $15m for expansion
Published: 29-08-2022 | 13:35:00 | By: Pie Kamau
Nigerian B2B e-Commerce startup Omnibiz has raised $15 million pre-Series A round ($5 million equity and $10 million debt) led by Timon Capital, Ventures Platform, Lofty Inc, Chapel Hill Denham, Chandaria Capital and Musha Ventures.


Belgian startup Magnax raises €20m for axial flux “pancake” electric motors
Published: 26-08-2022 | 14:37:00 | By: Pie Kamau
Belgium-based Magnax, technology leader in axial flux electric motors, has closed a €20 million funding round and adds two new investors; BIG Capital, who led the round, and SFPIM.


Octopus rolls out €220m to drive green power generation, backs Exagen to build UK’s largest battery
Published: 26-08-2022 | 14:24:00 | By: Pie Kamau
Octopus Energy Group launched its new renewables fund Octopus Energy Development Partnership (OEDP), as the fund makes its debut investment in renewables developer Exagen to build new green energy.


Erie Insurance launches venture capital fund to accelerate innovation
Published: 26-08-2022 | 13:47:00 | By: Pie Kamau
Erie Insurance, an auto, home, business and life insurance company based in Erie, Pennsylvania, announced the establishment of Erie Strategic Ventures to support visionary entrepreneurs.


Mobile gaming platform startup INK Games secures $18.75m Series B financing
Published: 26-08-2022 | 13:38:00 | By: Pie Kamau
INK Games (INK), an Austin-based startup building a social gaming and commerce platform, announced it has secured $18.75 million of funding through its Series B equity round.


South Korean edtech startup Day 1 Company announces plans to Dive into US
Published: 26-08-2022 | 13:28:00 | By: Pie Kamau
Korean edtech startup, Day 1 Company, announced plans to enter the U.S. market with the launch of a new product, Dive.


Eurobio acquires 100% of Dutch transplant diagnostics startup GenDx
Published: 25-08-2022 | 11:38:00 | By: Pie Kamau
Paris, France-based Eurobio Scientific (Eurobio) has reached agreement to acquire all outstanding shares of Dutch-based transplant diagnostics startup GenDx for an amount of €135 million (net of adjusted cash) to be paid in cash at closing to its current shareholders.


German startup Dryad closes €10.5m Series A funding to speed up early wildfire detection technology
Published: 25-08-2022 | 11:01:00 | By: Pie Kamau
Dryad, the only provider of solar-powered environmental sensor networks for ultra-early wildfire detection and forest monitoring, has closed €10.5m in Series A funding.


Munich-based Celonis secures $1b to fight economic and supply chain challenges
Published: 25-08-2022 | 10:43:00 | By: Pie Kamau
Celonis, the global player in execution management, announced it has secured an additional $1 billion in funds to accelerate its unique position to help customers thrive in challenging economic environments.


Pace raises $5m to integrate product-led growth with enterprise sales
Published: 25-08-2022 | 10:23:00 | By: Pie Kamau
Pace, a startup building a product-led revenue platform, has raised a $5 million Seed investment led by Work-Bench. Pace simplifies the transformation from traditional enterprise sales motions to a hybrid, product-led approach.


ZEBOX America selects new batch of startups to reimagine global logistics and mobility
Published: 25-08-2022 | 10:05:35 | By: Pie Kamau
International startup incubator and accelerator ZEBOX America announced a new cohort of 9 startups, marking a key milestone as the tech hub works to reimagine and revitalize the North American supply chain, logistics, mobility and Industry 4.0 sectors.


[Startup Interview] Collins Kathuli, Co-founder and CEO, Kyanda, Kenya
Published: 24-08-2022 | 15:21:37 | By: Bob Koigi
Kyanda is a Kenyan fintech startup that offers Digital Financial Services to businesses, SMEs and citizens.


[Startup Interview] Alfiya Kayumova, CEO and co-founder, Green Growth, USA
Published: 24-08-2022 | 15:16:00 | By: Bob Koigi
Green Growth is a US-based agritech startup that runs a software and hardware-based solution consisting of a set of sensors, combined in a single infrastructure.


[Startup Interview] Jelmer Van Der Linden, Co-Founder, De HardloopSchool, Netherlands
Published: 24-08-2022 | 15:11:00 | By: Bob Koigi
De HardloopSchool is a Dutch sports and fitness startup that offer physical and online classes on running by allowing learners to run wisely, efficiently and relaxed, which reduces the risk of injury and allows one to perform to their maximum potential.


Canadian startup Vive Crop Protection closes $26m funding round to accelerate its precision chemistry platform
Published: 22-08-2022 | 13:16:00 | By: Pie Kamau
Vive Crop Protection announced the close of $26 million Series C investment round, led by Emmertech with participation from the Cibus funds, and existing investors Business Development Bank of Canada (BDC).


Early-stage startups don't stand to benefit from Inflation Reduction Act, Kruze Consulting
Published: 22-08-2022 | 13:01:00 | By: Pie Kamau
The Inflation Reduction Act of 2022 doubles the R&D Tax Credit from $250,000 to $500,000, a popular tax credit used by unprofitable startups. However, an analysis by Kruze Consulting shows that the earliest-stage startups will likely not benefit from this increased credit.


Savannah Logistics Innovation Center, Plug and Play announce first cohort of their accelerator program
Published: 22-08-2022 | 12:52:00 | By: Pie Kamau
The Savannah Logistics Innovation Center (SLIC) and Plug and Play announced the first cohort of selected startup companies chosen for their accelerator program.


Japanese healthtech startup Ubie raises $26.2m Series C funding to fuel business growth in Japan and the U.S.
Published: 22-08-2022 | 12:33:00 | By: Pie Kamau
Ubie, a Japanese healthcare AI startup with a mission to develop a healthcare guide for everyone, announced it has raised $26.2 million in the 1st round of Series C funding.


Dubai tech startup Educatly appoints LinkedIn's Executive Ali Matar to Board of Advisors
Published: 22-08-2022 | 12:11:00 | By: Pie Kamau
Dubai-based tech startup Educatly has appointed Ali Matar, Head of LinkedIn MENA and EMEA growth markets, to its Board of Advisors.


Nigerian last-mile delivery startup Kwik launches in Ibadan
Published: 22-08-2022 | 11:56:00 | By: Pie Kamau
Nigerian last-mile delivery startup Kwik Delivery announced it has officially launched its innovative and just-in-time delivery solutions to merchants, entrepreneurs, businesses, government agencies and social vendors in Ibadan.


Cherubic Ventures completes $110m Fund V, brings total committed capital to over $400m
Published: 19-08-2022 | 12:15:00 | By: Pie Kamau
Cherubic Ventures announced the successful completion of the venture capital firm's Fund V at $110 million, with a total of over $400 million in committed capital under management.


UK-based Medi-science International partners with Kenyan healthtech startup Afya Rekod to enhance healthcare delivery
Published: 19-08-2022 | 11:49:00 | By: Pie Kamau
UK-based Medi-science International and Kenyan healthtech startup Afya Rekod have announced a strategic collaboration to transform healthcare delivery through improved access to personal health data.


BASF Venture Capital and Dutch-based Aqua-Spark invest in Sea6 Energy as part of Series B financing round
Published: 19-08-2022 | 11:32:53 | By: Pie Kamau
BASF Venture Capital, the corporate venture company of BASF SE, Germany, and Aqua-Spark, a Dutch investment fund focusing on the global aquaculture industry, are investing in Sea6 Energy as part of a Series B round.


Kenyan e-Logistics startup Lori Systems raises funding from Google to facilitate expansion efforts
Published: 19-08-2022 | 11:06:35 | By: Pie Kamau
Kenyan e-logistics startup Lori Systems which operates across East Africa, announced it has raised an undisclosed amount of Round B funding from Google, to facilitate the company’s expansion efforts.


Kenyan agritech startup IProcure secures $10.2m Series B funding to accelerate growth
Published: 19-08-2022 | 10:55:00 | By: Pie Kamau
iProcure, Africa’s tech and data-driven agricultural inputs supply company, announced the close of a $10.2 million Series B funding round that raised debt and equity from a diverse group of international investors.


Insurtech startup Ledgebrook raises $4.2m to provide best-in-class quoting experience to wholesale brokers
Published: 17-08-2022 | 15:28:00 | By: Pie Kamau
Ledgebrook, a Boston-based insurtech startup, announced it raised $4.2 million in seed funding to build out its operations with the goal of writing its first policies in Q4 2022.


Pomelo fintech launches with $20m seed capital
Published: 17-08-2022 | 15:16:00 | By: Pie Kamau
Pomelo announced a Series Seed of $20 million in venture capital and $50m in warehouse facility for a total of $70m in seed financing, and is the first company to combine credit and international money transfer.


Customer experience startup Hark raises >$1.5m to build a new video-focused support channel
Published: 17-08-2022 | 14:13:00 | By: Pie Kamau
Hark, a New York-based customer experience startup, has raised more than $1.5 million to launch a new, video-based customer experience channel aimed at helping companies deliver a best-in-class experience while decreasing costs.


Explo raises $12m Series A funding to build customer-facing analytics, releases self-serve onboarding
Published: 17-08-2022 | 13:45:00 | By: Pie Kamau
Explo, a customer-facing analytics solution for sharing data across any platform, announced $12 million in Series A funding, bringing the company's total amount raised to $15 million.


South African gaming startup Skrmiish secures $2.5m seed round to speed growth
Published: 17-08-2022 | 13:25:00 | By: Pie Kamau
Cape Town-based Skrmiish, a mobile “play-to-earn” app that enables gamers of every level to earn cash in every match they play across the AAA+ games they love, has raised a $2.5 million seed round to speed its global growth.


AI gaming and Esports startup Regression Games exits stealth with $4.2m seed funding from NEA and a16z
Published: 16-08-2022 | 17:25:00 | By: Pie Kamau
Regression Games, the AI gaming and esports company announced it has closed $4.2 million in seed funding led by New Enterprise Associates (NEA).


Bush Foundation invests $1.5m in Brown Venture Group to widen investment door for Black, Indigenous and Latinx entrepreneurs
Published: 16-08-2022 | 17:06:00 | By: Pie Kamau
Brown Venture Group announced it will receive an investment of up to $1.5 million from the Bush Foundation.


Budmail announces partnership with Canadian AI startup Lil Durk
Published: 16-08-2022 | 16:40:53 | By: Pie Kamau
Lil Durk (LilDurk.com), a Canadian news & technology company enhanced by AI-driven neural networks, has announced a strategic partnership agreement with Budmail, a retail-focused cannabis company.


Agya Ventures closes $32m fund to back early-stage startups shaping the future of real estate and metaverse
Published: 16-08-2022 | 16:30:00 | By: Pie Kamau
Agya Ventures, a venture capital firm focused on early-stage real estate and construction technology, announced the close of its $32 million fund ('Fund I').


Equinor Ventures joins climatetech startup incubator Greentown Labs as newest Terawatt Partner
Published: 16-08-2022 | 16:16:54 | By: Pie Kamau
Greentown Labs, the largest climatetech startup incubator in North America, announced that Equinor Ventures has joined as its newest Terawatt Partner, the highest level of partnership with the incubator and its community of climatetech startups.


Philadelphia-based startup Stimulus raises $2.5m oversubscribed seed round to help companies build better supplier relationships
Published: 15-08-2022 | 13:40:00 | By: Pie Kamau
Stimulus, a Philadelphia-based relationship intelligence (SaaS) startup in the supply chain space, raised an oversubscribed $2.5 million seed round led by Black Ops VC.


Dropbase raises $1.75m round to help import, manage, and query messy CSVs and Excel files in analytical databases
Published: 15-08-2022 | 12:50:00 | By: Pie Kamau
Dropbase, the collaborative data import and data management platform, raised a $1.75 million round led by Gradient Ventures (Google's AI-focused venture fund).


South African agritech disruptor AgriKool drives down food costs for consumers, increases profits for farmers
Published: 15-08-2022 | 12:31:00 | By: Pie Kamau
AgriKool, a South African e-trading platform, is connecting agricultural producers to buyers to facilitate the sale of products between retailers and farmers.


SaaS startup Klavi raises $15m to grow open finance solution, develop new B2B products
Published: 15-08-2022 | 12:14:00 | By: Pie Kamau
Klavi, a SaaS platform in data aggregation, analytics, and API services, who aims to empower companies with its Open Finance solutions , has just received an investment of $15 million.


Las Vegas startup Boxabl raises capital to continue disrupting the housing market
Published: 15-08-2022 | 11:56:00 | By: Pie Kamau
Las Vegas based startup Boxabl announced an undisclosed capital raise to continue disrupting the housing market.


UK-based Conversational intelligence startup Jiminny raises €16.5m to fuel international expansion
Published: 12-08-2022 | 12:38:00 | By: Pie Kamau
Jiminny, a UK headquartered conversation intelligence provider supporting sales teams across the world, has closed a $16.5 million series A funding round led by Kennet Partners, a transatlantic growth equity firm.


Taiwanese martech startup Wavenet raises $3m series B round to expand in Japan and North America
Published: 12-08-2022 | 12:11:00 | By: Pie Kamau
Taiwanese marketing technology (martech) startup Wavenet, announced the raise of $3 million in series B round, to expand its operations to Japan and North America, and hire more international talents to join the team.


West makes minority investment in Dublin-based vaccine and biologics startup Latch Medical
Published: 12-08-2022 | 11:49:00 | By: Pie Kamau
West Pharmaceutical Services, a global player in innovative solutions for injectable drug administration, announced it has made a strategic investment in Latch Medical, a Dublin-based startup leading in next-generation vaccine and biologics delivery technology.


Crowdfunding platforms StartEngine and Indiegogo team up to help startups raise capital from ideation to Series C
Published: 12-08-2022 | 11:35:00 | By: Pie Kamau
Crowdfunding platforms Indiegogo and StartEngine have teamed up to ensure that startups have continuous access to the capital they need.


Modern intranet startup Haystack announces Connect, a tool to foster deeper relationships among colleagues
Published: 12-08-2022 | 11:16:00 | By: Pie Kamau
Haystack, the modern intranet company making big companies feel smaller, rolled out Connect - a feature that uses first-party employee-profile data to intelligently pair employees.


T-Mobile accelerator startup Krikey brings NFT puppies to the Flow blockchain
Published: 12-08-2022 | 11:07:00 | By: Pie Kamau
Krikey, a gaming studio with more than 5 million users, announced the launch of SolarPups on the Flow blockchain.


German tech startup Cyanite announces new investors to support vision of universal music translation
Published: 10-08-2022 | 12:42:42 | By: Pie Kamau
Cyanite, a German tech company with various solutions in AI-powered music tagging and search, has closed an investment round with leading entrepreneurs from the music and technology industries.


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.


Income verification startup Truework raises $50m Series C funding to accelerate growth
Published: 10-08-2022 | 12:11:00 | By: Pie Kamau
Truework, a fintech startup that provides income and employment verification for the nation's largest mortgage, auto, and consumer lenders to approve more borrowers in a fraction of the time, announced it raised $50 million in Series C funding.


Web3 infrastructure firm Fortress Blockchain Technologies announces $22.5m seed funding
Published: 10-08-2022 | 12:02:00 | By: Pie Kamau
Fortress Blockchain Technologies announced it has raised Seed funding of $22.5 million led by Ayon Capital. The round also included Soaring Investment Management, Fortress' founder Scott Purcell.


Bain Capital leads $12m seed round for scalable blockchain startup RISC Zero
Published: 10-08-2022 | 11:35:00 | By: Pie Kamau
RISC Zero announced a $12 million seed round led by Bain Capital Crypto. Follow-on investors include Geometry, D1 Ventures and Cota Capital among others.


Canadian AI startup Proto raises $5.6m Series A funding to accelerate global expansion
Published: 10-08-2022 | 10:55:00 | By: Pie Kamau
Canadian startup Proto announced it has raised $5.6 million Series A round led by Mucker Capital with participation from Yolo Investments for the global expansion of its AI Customer Experience (AICX) solutions.


Finnish edtech startup Kide Science raises €1m bridge round to accelerate growth
Published: 08-08-2022 | 11:09:00 | By: Pie Kamau
Finnish edtech startup Kide Science announced it has raised €1 million, to support their new and exciting bid to expand from primarily science education, into all early years subjects.


German space tech startup LiveEO secures €19m to bring space data insights to Industry 4.0
Published: 08-08-2022 | 10:49:00 | By: Pie Kamau
Berlin-based space tech startup LiveEO has secured €19 million in funding in what is one of the largest investments to date in Earth Observation in Europe.


Israeli AI mobility Nexar acquires Portuguese startup Veniam to open unlimited possibilities for data-rich mobility applications
Published: 08-08-2022 | 10:34:00 | By: Pie Kamau
Nexar, an AI mobility company, announced it has entered into an agreement to acquire Veniam, the provider of intelligent networking for the internet of moving things.


Kenyan mobile commerce startup Copia unveils manufacturing unit for sugar and rice production
Published: 08-08-2022 | 09:48:39 | By: Pie Kamau
Copia Global, a Kenyan-based mobile commerce platform has unveiled a new manufacturing unit to enhance its output of affordable sugar and rice to the Kenyan market.


Involta partners with tech startup HacWare to expand enterprise cybersecurity awareness services
Published: 08-08-2022 | 09:43:00 | By: Pie Kamau
Involta, a data center, hybrid IT, and cloud-forward consulting firm, announced a partnership with HacWare, an AI-driven cybersecurity awareness and training SaaS (Software-as-a-Service) product that combines threat intelligence with user behavior.


Israeli cybersecurity startup Canonic Security launches AppTotal API to streamline app-vetting for security teams
Published: 08-08-2022 | 09:31:00 | By: Pie Kamau
Canonic Security, a Tel Aviv-based cybersecurity startup providing a platform controlling third-party applications and integrations, announced the launch of the AppTotal API.


London-based VC firm Flashpoint unveils $102m close of its VCIII fund, secures first institutional investment partner
Published: 05-08-2022 | 13:40:00 | By: Pie Kamau
Flashpoint Venture Capital, an international technology investment firm announced that Széchenyi Funds signed up for a commitment of $20 million in Flashpoint’s VC III.


Venture capital firm JVP expands operations in New York, welcomes new partners and investors
Published: 05-08-2022 | 13:15:00 | By: Pie Kamau
Venture capital firm JVP announced it is expanding its activities in New York. Along with new investments in Fintech, Blockchain, Cyber, Climatech, Foodtech, and Digital Health, the fund has focused on growth.


Digital government and payments startup PayIt closes $90m growth investment fund
Published: 05-08-2022 | 12:54:00 | By: Pie Kamau
PayIt, the company modernizing interactions between governments and residents, has closed a $90 million investment from Macquarie Capital Principal Finance.


Data collaboration startup Sympatic raises pre-seed round to revolutionize zero-copy data use
Published: 05-08-2022 | 12:40:00 | By: Pie Kamau
Sympatic, a data collaboration platform that allows users to create and manage safe data sandboxes in their cloud of choice, announced it has raised a pre-seed round of funding led by Saltagen Ventures with participation from ScaleGood Fund.


Top Tier Capital Partners raises $925m to invest in its Velocity strategy
Published: 05-08-2022 | 11:55:00 | By: Pie Kamau
Top Tier Capital Partners (TTCP) announced it has closed on $925 million in new capital commitments for Top Tier Venture Velocity Fund 4 (VVF4), as well as a collection of separate accounts, one of which focuses on late-stage climate tech co-investments.


Kenyan insurtech startup Lami Technologies raises $3.7m to expand across Africa
Published: 05-08-2022 | 11:40:00 | By: Pie Kamau
Kenya-based insurtech startup Lami Technologies has raised a $ 3.7 million seed extension to expand its insurtech product across Africa.


Canadian news and technology startup startup Lil Durk raises $20m to reduce misinformation
Published: 03-08-2022 | 15:47:00 | By: Pie Kamau
Lil Durk (LilDurk.com), a Canadian news and technology startup enhanced by A.I.-driven neural networks, announced it has raised an additional $20 million in equity through a private funding round led by Alexander Elder.


Product search engine startup Vetted raises $15m to vet trustworthy product data for consumers
Published: 03-08-2022 | 15:27:00 | By: Pie Kamau
Vetted (formerly Lustre) announced the launch of its AI-powered product search engine, alongside a $14 million Series A investment round led by global software investor Insight Partners.


Boston-based crypto fund startup Triblock emerges out of stealth
Published: 03-08-2022 | 14:40:00 | By: Pie Kamau
Triblock, a Boston-based investment and advisory firm co-founded in 2019 by Matt Batsinelas and Bennett Collen, announced the startup has emerged out of stealth, after making over 20 investments while operating in stealth.


Autonomous robotics delivery startup Ottonomy closes $3.3m seed financing round
Published: 03-08-2022 | 14:15:00 | By: Pie Kamau
Ottonomy.IO, the autonomous robotics delivery startup, announced the close of its seed funding round of $3.3 million bringing its total funding to date to $4.9 million, supporting the scale of Ottobots for fully autonomous airport, retail and restaurant deliveries.


Israel Natural Gas Lines invests in monitoring infrastructure startup Prisma Photonics
Published: 03-08-2022 | 13:58:00 | By: Pie Kamau
Israel Natural Gas Lines (INGL), announced a strategic investment in Prisma Photonics, a startup that develops advanced system for monitoring critical infrastructure in real time.


VMG Catalyst closes $400m Fund II to scale commerce venture capital space
Published: 03-08-2022 | 13:43:00 | By: Pie Kamau
Venture capital firm VMG Catalyst announced the closing of Fund II at its target of $400 million, bringing the total capital raised to $650 million across both funds.


Dutch home sustainability startup Woon Duurzaam receives €2.2m financing for further scaling up
Published: 02-08-2022 | 14:43:00 | By: Pie Kamau
EIT InnoEnergy supported Woon Duurzaam has received €2.2 million in a second investment round. The money will come from new investors Oneplanetcrowd and ROM InWest, and from existing shareholders EIT InnoEnergy and DOEN Participaties.


Madrid-based healthtech startup Idoven raises €18.5m to develop its AI platform
Published: 02-08-2022 | 14:15:00 | By: Pie Kamau
Idoven, a Madrid-based healthtech startup, specialised in early detection and precision treatment of cardiovascular disease (CVD), raised €18.5 million, to continue developing its artificial intelligence (AI) platform to identify arrhythmias and cardiac anomalies.


Israeli startup Frontegg raises $40m to solve user management for B2B SaaS
Published: 02-08-2022 | 13:44:00 | By: Pie Kamau
Frontegg, the user management platform for B2B apps, announced a $40 million in series B funding co-led by Stripes and global software investor Insight Partners.


Taiwanese tech startup Cubo Ai launches new sleep sensor pad to boost AI baby monitoring system
Published: 02-08-2022 | 13:24:00 | By: Pie Kamau
To further boost the safety of newborn babies as well as the peace of mind of parents, Taiwanese tech startup Cubo Ai has launched a new product to augment its award-winning Cubo Ai Plus Smart Baby Monitor - the AI Sleep Sensor Pad.


Taiwanese startup PrecisemAb announces progress towards vision of safest antibody treatment with no side effects
Published: 02-08-2022 | 13:12:00 | By: Pie Kamau
PrecisemAb Biotech, a biotechnology research company based in Kaohsiung, Taiwan, announced it has continued to stay true to its vision of enhancing antibody drugs by reducing side effects.


Francisco-based foodtech startup Lypid partners with Louisa Coffee to bring plant based burger patties
Published: 02-08-2022 | 12:55:00 | By: Pie Kamau
Lypid, a global leader in alternative fat, announced its partnership with Louisa Coffee, the largest coffeehouse company in Taiwan, to serve juicy, meaty plant-based burger patties to over 500 shops nationwide.


Battery tech startup Britishvolt confirms UK Government funding boost for its battery cell gigaplant
Published: 01-08-2022 | 11:18:00 | By: Pie Kamau
Battery technology pioneer Britishvolt confirmed funding from the UK Government through its Automotive Transformation Fund (ATF) run by the Advanced Propulsion Centre UK following a confirmation letter.


Kenyan wealth-tech startup Ndovu partners with Tulix to empower Africa’s diaspora to invest back home
Published: 01-08-2022 | 11:04:00 | By: Pie Kamau
Africa’s wealth management platform Ndovu has announced a strategic partnership withTulix, an Antler & Catalyst Fund portfolio company.


Biotech startup Novasenta completes $40m Series A to advance novel cancer therapeutics
Published: 01-08-2022 | 10:48:00 | By: Pie Kamau
Novasenta, a biotechnology startup focused on the discovery and validation of novel targets to develop cancer therapies, today announced the completion of $40 million in Series A financing led by UPMC Enterprises.


Golden Gate Ventures announces new hires to bolster startup golden triangle growth
Published: 01-08-2022 | 09:54:47 | By: Pie Kamau
Golden Gate Ventures, a venture capital fund in Southeast Asia (SEA) founded by Silicon Valley natives, announced the expansion of its Vietnam and Indonesia teams.


Taiwanese Startup Mindtronic AI opens way to the future of mobility with Meta-Service ecosystem
Published: 01-08-2022 | 09:42:00 | By: Pie Kamau
Mindtronic AI, a Taiwan-based startup, unveiled the world's first Meta-Service, a biometric sensing technology that provides instant access to any visible object in the real world.


U.S.-based compliance startup Kompliant closes $14m seed round to accelerate growth
Published: 01-08-2022 | 09:33:00 | By: Pie Kamau
Kompliant, the U.S.-based compliance startup closed a $14 million seed round led by Level One Fund. Kompliant solves for end-to-end compliance lifecycle management through leading-edge technology and innovative workflows.


Mymee acquires Berlin-based healthtech startup Breakthrough Health to scale growth
Published: 27-07-2022 | 16:16:00 | By: Pie Kamau
Mymee, the provider of specialized care and support for people with significant symptoms associated with autoimmune disease and long COVID, has acquired Berlin-based Breakthrough Health, the creator of the #1 mobile app Emilyn for people with multiple sclerosis (MS).


German startup Lumiform closes €6.4m to boost deskless worker app
Published: 25-07-2022 | 13:56:00 | By: Pie Kamau
Berlin-based deskless worker platform Lumiform has closed €6.4 million Series A financing round, led by Capnamic.


Berlin Business Office launches Skytrain to support U.S. LPs investing into venture capital funds in Berlin
Published: 15-06-2022 | 11:16:00 | By: Pie Kamau
Berlin Business Office announced the launch of Skytrain, a network to support U.S. LPs (Limited Partners) investing into venture capital funds in Berlin.


German agritech startup CROP.ZONE secures $11m equity funding to expand to new international markets
Published: 13-06-2022 | 14:42:00 | By: Pie Kamau
Aachen-based integrated weed management startup CROP.ZONE announced it has secured $11m equity funding from existing shareholders and new financial investors.


French startup CleverConnect merges with Talentry to lead talent acquisition in Europe
Published: 08-06-2022 | 12:36:32 | By: Pie Kamau
CleverConnect, a cloud-based recruiting solutions company, announced the merger with Talentry, a Munich-based provider of talent relationship management solutions, to counteract the current unprecedented shortage of skilled workers.


SAP.iO launches Resilient Supply Chain startup program in collaboration with Accenture
Published: 21-04-2022 | 11:37:00 | By: Pie Kamau
SAP SE announced the launch of a virtual startup program focused on building a resilient supply chain at the SAP.iO Foundries Munich and Tel Aviv.


German tech startup Admitad invests $1.2m in service providing coupon solutions for media
Published: 08-04-2022 | 13:37:00 | By: Pie Kamau
IT company Admitad, with the HQ in Germany and offices in the US (Chicago) and around the world, announced an investment of $1.2 million into White Label that provides сoupon solutions for the online media.


Capnamic closes $215m venture capital fund for early-stage investments in German-speaking countries
Published: 17-03-2022 | 12:25:00 | By: Pie Kamau
Early-stage investor Capnamic, announced its third venture capital fund of $215 million to focus on Pre-Seed to Series A investments in technology-based startups from the German-speaking region.


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


German logistics tech startup Forto raises $250m to accelerate international expansion
Published: 08-03-2022 | 11:33:00 | By: Pie Kamau
German logistics tech startup Forto, the provider of digitized freight forwarding and supply chain solutions, announced it has raised $250 million in a pre-emptive Series D investment round led by Disruptive.


Payhawk becomes first Bulgarian Unicorn after raising $100 million
Published: 01-03-2022 | 14:28:00 | By: Bob Koigi
Payhawk, the payment and expense solution with offices in London, Sofia, Berlin, and Barcelona, has raised an additional $100m to extend its Series B round to $215m.


German investor CommerzVentures closes €300m third fund to support European fintech and insurtech startups
Published: 01-03-2022 | 12:52:00 | By: Pie Kamau
CommerzVentures, the specialist fintech investor, announced its third €300m fund, to go towards supporting early and growth-stage companies in the fintech and insurtech sectors.


German e-bike startup ADO debuts high-end urban commuter D30
Published: 22-02-2022 | 11:09:15 | By: Pie Kamau
Frunkfart-based startup ADO is debuting an high-end urban commuter e-bike D30 officially. At the same time, ADO will join hands with Insta360 to launch the co-branded ADO Insta360 GO 2 XE, to cross city and chase adventure.


German startup Cansativa closes $15m Series B to become the ‘Amazon’ of cannabis for Europe
Published: 17-02-2022 | 12:36:00 | By: Pie Kamau
Cansativa Group announced it has closed a $15 million Series B investment led by Casa Verde with participation by Argonautic Ventures and Munich-based family office Alluti.


German healthtech startup Climedo raises €5m funding for product development, expansion within Europe
Published: 16-02-2022 | 11:24:00 | By: Pie Kamau
Munich-based healthtech company Climedo, received €5 million in a seed financing round. The lead investor is pan-European VC firm Nauta Capital. Westtech Ventures from Berlin and existing business angels.


Hamburg-based cofenster closes €8m Series A financing for expansion and product development
Published: 14-02-2022 | 11:03:00 | By: Pie Kamau
Software company cofenster raised €8 million in a Series A funding round led by signals Venture Capital with existing investor, Capnamic, reinvesting. In addition, a number of well-known entrepreneurs are participating as angel investors.


Fraugster partners with Dutch-based fintech startup Payaut to provide fraud prevention services to e-Commerce marketplaces
Published: 14-02-2022 | 09:45:00 | By: Pie Kamau
Fraugster, a German-Israeli payment intelligence company, has partnered with marketplace payout specialist Payaut, an Amsterdam-based fintech startup, to provide fraud prevention services to marketplaces.


Berlin-based contech startup Flexcavo receives around €7m to expand and digitize the construction industry
Published: 09-02-2022 | 14:40:00 | By: Pie Kamau
After the successful completion of the seed financing round with 6.4 million euros in September 2021, Berlin-based contech startup has increased its capital by around €7 million through various lenders.


Berlin-based clean energy startup Ostrom raises €4.4m to make transition to green energy convenient and affordable
Published: 12-01-2022 | 13:30:00 | By: Pie Kamau
Berlin-based clean energy startup Ostrom has raised a total of €4.4 million in pre-seed and seed funding to further its goal of making the switch to green energy as easy and affordable as possible.


German proptech startup Evernest closes €13m Series A funding to to accelerate growth
Published: 12-01-2022 | 12:51:00 | By: Pie Kamau
German proptech company Evernest has successfully closed a Series A financing round of €13 million to accelerate its technology platform development as well as German and international expansion.


Berlin-based fintech startup Denario raises €1.3m to automate B2B payments experience for small businesses
Published: 11-01-2022 | 12:35:00 | By: Pie Kamau
Berlin-based fintech startup Denario announced the closing of €1.3 million venture funding led by 468 Capital, with participation from Presight Capital and MPGI.


Munich-based startup Alasco raises $40m Series-B funding to revolutionize the real estate industry
Published: 11-01-2022 | 11:28:00 | By: Pie Kamau
Munich-based startup Alasco has raised $40 million in Series-B funding to follow the vision of creating the Real Estate Success Software and bringing the real estate industry up to par with leading digital industries.


Venture capital firm Eudemian Ventures debuts $10 million fund targeting software startups
Published: 22-12-2021 | 14:55:20 | By: Bob Koigi
Eudemian Ventures, a Silicon Valley venture capital firm with offices in San Francisco, California, and Munich, Germany, has announced the close of its $10M debut venture capital fund to support early-stage, U.S.-based software startups.


Munich-based startup ZenML raises $2.7m to advance open source MLOps framework
Published: 15-12-2021 | 13:42:00 | By: Pie Kamau
ZenML, the creator of the extensible open source Machine Learning Operationalization (MLOps) framework for data scientists, announced it has raised $2.7 million in its seed round led by Crane Venture Partners.


German indoor positioning tech startup NavVis raises €25m funding to digitize commercial buildings and assets
Published: 07-12-2021 | 15:52:00 | By: Pie Kamau
NavVis, a global leader in end-to-end solutions for reality capture and digital twins, announced it received €25 million of fresh equity funding that complements the recent €20 million debt funding from the EIB.


Machine learning company Hyperscience acquires German-based startup Boxplot
Published: 07-12-2021 | 15:01:18 | By: Bob Koigi
Hyperscience, the human centered automation company, has announced it has completed the acquisition of Boxplot, a startup based in Berlin, Germany.


German real estate firm CPS sets base in Kenya targeting investors keen on investing in Zanzibar
Published: 30-11-2021 | 14:00:00 | By: Bob Koigi
German Real Estate Firm CPS has set up a hub in Kenya to offer real estate advice and point Kenyan investors to investment opportunities for real estate projects in Zanzibar.


Robert Bosch Venture Capital GmbH joins Variantyx's $26m Series C funding round
Published: 17-11-2021 | 12:20:00 | By: Pie Kamau
Robert Bosch Venture Capital GmbH, the corporate venture capital company of the Bosch Group, has completed an investment in Variantyx, to improve personalized oncology treatment.


Berlin-based investment platform Moonfare raises $125m Series C to accelerate global growth
Published: 02-11-2021 | 13:03:00 | By: Pie Kamau
Moonfare, the digital private equity investment platform for individual investors, raised $125 million in Series C funding, led by New York-based Insight Partners, to continue to develop innovative investment solutions and accelerate its international expansion.


Berlin-based on-demand delivery startup Gorillas secures close to $1b Series C funding, the largest European round in its sector to date
Published: 19-10-2021 | 08:45:00 | By: Pie Kamau
Gorillas, the European market player in instant on-demand grocery delivery, has successfully raised close to $1 billion in Series C funding round, being the largest funding of a non-listed business Europe's grocery delivery sector has seen to date.


German HR startup Personio raises $270 million funding, launches new software
Published: 13-10-2021 | 13:52:53 | By: Bob Koigi
Personio, Europe’s HR software company for small and mid-sized businesses, has announced People Workflow Automation, a new category of software.


Berlin-based startup Made of Air raises €5m seed round to make thermoplastics for Audi, H&M Group and other companies
Published: 08-10-2021 | 13:54:00 | By: Pie Kamau
Made of Air, the carbon negative materials startup that turns wood waste into thermoplastics, announced a €5 million in seed funding, led by Norwegian sustainability-focused family fund.


MXP Ventures announces $10m venture capital fund to propel next-gen of agency startups
Published: 07-10-2021 | 13:43:00 | By: Pie Kamau
Global incubator MXP Ventures announced the establishment of a $10 million venture fund to invest in new agency startups globally. The fund will focus on building and rapidly scaling new agencies across the marketing services spectrum.


German constructiontech startup Schüttflix raises $50m in additional financing, prepares to go international
Published: 01-10-2021 | 10:59:00 | By: Pie Kamau
After delivering more than 100,000 shipments in Germany, constructiontech startup Schüttflix announced it has raised $50 million of additional capital.


German startup Focused Energy raises $15m seed round to pursue commercial fusion energy production
Published: 23-09-2021 | 16:15:00 | By: Pie Kamau
Focused Energy, a laser fusion startup dedicated to developing fusion as a means of generating clean alternative energy, announced the successful completion of $15 million in seed funding.


Berlin-based Workist exits stealth to create global AI business connectivity layer
Published: 17-09-2021 | 11:39:10 | By: Pie Kamau
Workist, the company applying cutting-edge, deep-learning technology to automate business transactions, exited stealth and introduced its flagship product WorKI, an intelligent document processing tool that leverages advanced artificial intelligence.


Construction tech startup KEWAZO raises $5m Series A funding to scale robotic fleet in scaffolding industry
Published: 16-09-2021 | 13:26:00 | By: Pie Kamau
KEWAZO, a player in construction robotics, announced it has closed a $5 million series A funding round, bringing the total amount raised to $9 million.


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.


Berlin-based startup betteries secures €2.1m seed funding to upcycle electric vehicle batteries, avert climate change
Published: 30-03-2021 | 11:41:00 | By: Pie Kamau
Berlin-based profit for impact startup betteries has successfully closed its €2.1 million seed funding round led by impact funds Factor[e] Ventures and Beyond Black.


Snap acquires tech startup Fit Analytics
Published: 23-03-2021 | 14:20:00 | By: Pie Kamau
Snapchat's parent company Snap has acquired Fit Analytics, a technology startup that has built technology to help shoppers pick the right-sized clothing and footwear when they shop online.


No-code business intelligence startup y42 raises $2.9m for scalable and affordable data stack
Published: 23-03-2021 | 12:53:00 | By: Pie Kamau
y42 (formerly Datos Intelligence), a no-code business intelligence platform, announced a seed round of $2.9 million, led by La Famiglia VC. Additional investors include the co-founders of Foodspring, Personio and Petlab.


Dryad secures €1.6m funding to accelerate development of wildfire detection solution
Published: 12-03-2021 | 16:24:14 | By: Bob Koigi
Dryad is developing Silvanet to help public and private forest owners monitor, analyze and protect the world's largest, most remote forests and tackle the devastating impact of wildfires on the environment.


Mediahuis Ventures invests in AI coaching startup BUNCH
Published: 10-03-2021 | 14:05:00 | By: Bob Koigi
Mediahuis Ventures, the venture capital arm of European media group Mediahuis, is investing in BUNCH, a New York and Berlin based  AI coaching startup.


Personio secures $125 million funding as it builds Europe’s top HR platform for SMEs
Published: 20-01-2021 | 12:44:13 | By: Bob Koigi
Personio, the all-in-one HR platform, has announced $125 million of new and preemptive Series D funding in an investment round that values the business at $1.7 billion.


Autonomous sweeper from Berlin startup approved for public road use in Singapore
Published: 15-01-2021 | 11:50:00 | By: Pie Kamau
The autonomous compact sweeper "Donner", developed by a consortium led by ENWAY and Bucher Municipal, has passed the Land Transport Authority's approval test for autonomous vehicles for use on public roads.


sennder raises $160 million to accelerate digitization of European trucking
Published: 15-01-2021 | 11:22:00 | By: Bob Koigi
Through its proprietary technology, sennder directly connects enterprise shippers with trucking companies, bringing greater transparency and efficiency to both carriers and shippers.


Delivery Hero launches venture capital fund to drive innovation in food delivery
Published: 13-01-2021 | 14:25:01 | By: Bob Koigi
Delivery Hero, the world’s delivery platform, has announced the launch of DX Ventures, an independently managed early-stage venture capital fund with a focus on investing in disruptive founder-led companies.


Energy Robotics secures €2 million funding to advance mobile AI-based robotics solutions
Published: 12-01-2021 | 16:32:00 | By: Bob Koigi
Energy Robotics, a German-based developer of software solutions for mobile inspection robots, has received two million euros in seed funding.


[Startup Interview] Alexander Hotz, Co-Founder, Talenter, Germany
Published: 02-12-2020 | 11:56:00 | By: Bob Koigi
Talenter is a fully tradable crypto currency that offers people access to any type of service and course globally, from low-specialized jobs like lawn mowing or dishwashing to highly qualified services like translation or wood carving.


Berlin startup DigiWhat launches international B2B case studies standard
Published: 17-11-2020 | 13:37:27 | By: Pie Kamau
Berlin startup DigiWhat launched international B2B case studies standard to simplifiy marketing, matchmaking and lead generation efforts for tech companies, venture builders and events.


German startup 4tiitoo launches NUIA Full Focus, smart software for natural eye contact in video calls
Published: 03-11-2020 | 12:47:00 | By: Pie Kamau
Munich-based startup 4tiitoo (forty two), which specializes in gaze control of computers, launched NUIA Full Focus, a software that creates natural eye contact with conversation partners in video calls intelligently and without artificial image adjustments.


Nufarm, German agritech startup CROP.ZONE partner for alternative weed control across European markets
Published: 22-10-2020 | 11:42:00 | By: Pie Kamau
Australian crop protection and specialty seed company Nufarm and the German agritech startup CROP.ZONE have partnered to launch Nufarm's and CROP.ZONE's hybrid herbicide solutions across major European markets.


German tech startup CloudRadar launches new data center in Johannesburg, South Africa
Published: 08-10-2020 | 09:28:00 | By: Pie Kamau
German tech startup CloudRadar is launching its cloud-based IT-monitoring service in South Africa, ahead of further global expansion, to help ensure IT stability for regional businesses in the face of rapid, pandemic-fuelled digitisation.


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.


Accenture joins Plug and Play's Startup Creasphere program
Published: 06-10-2020 | 11:45:00 | By: Pie Kamau
Startup Creasphere, one of Plug and Play's global offices focused on Health in Munich, announced its new partnership with Accenture.


ESL and DreamHack merge to shape the future of E-sports and gaming
Published: 01-10-2020 | 16:49:00 | By: Bob Koigi
ESL, the world's largest esports company, and DreamHack, the premier gaming lifestyle festival company, have merged organizations to further accelerate their mission to shape the future of esports and gaming.


German urban farming startup Infarm raises $170m to grow urban vertical farming network in the world
Published: 18-09-2020 | 13:22:00 | By: Pie Kamau
Infarm, German urban farming network announced $170 million investment raised in the first close of a Series C funding round expected to reach $200 million.


Delivery Hero buys Glovo’s Latin America operations at $272 million
Published: 18-09-2020 | 12:39:00 | By: Bob Koigi
Delivery Hero, the world’s local delivery platform, has entered into an agreement with Glovo, an on-demand delivery start-up, to acquire its operations in Latin America for up to €230 million.


Infarm announces $170 million financing to grow innovative urban farming model
Published: 17-09-2020 | 11:45:31 | By: Bob Koigi
Berlin urban farming network Infarm has announced $170 million investment raised in the first close of a Series C funding round expected to reach $200 million.


AI-based startup SafeRide expands into Germany to support, accelerate growing business in Europe
Published: 14-09-2020 | 12:56:00 | By: Pie Kamau
SafeRide Technologies, a leading provider of AI-based vehicle health management, data analytics, and cybersecurity solutions for connected and autonomous vehicles, announced the opening of a new office in Germany.


Nortal to acquire German-based IT solutions company Schütze
Published: 11-09-2020 | 09:24:00 | By: Bob Koigi
Global tech company Nortal has entered into a definitive agreement to acquire Schütze AG, a strategic consulting and software engineering company in Germany.


StartUp Namibia launches Round 2 of COVID 19 Startup Grant
Published: 04-09-2020 | 08:48:00 | By: Pie Kamau
In order to support more startups and young enterprises, StartUp Namibia and its partners announced Round 2 of the COVID-19 Startup Grant, called “Startup Survival Grant”.


Demodesk raises $8m to scale world’s first intelligent online sales meeting software
Published: 03-09-2020 | 16:27:00 | By: Pie Kamau
Demodesk has raised $8 million in the latest Series A funding round, led by Balderton Capital with participation from Target Global, to scale the platform that has revolutionized screen-sharing for great customer conversation.


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.


Tubulis secures €10.7 million to develop a new generation of antibody-drug
Published: 06-08-2020 | 19:28:39 | By: Bob Koigi
Germany-based startup Tubulis has closed a €10.7 million Series A financing round to accelerate the development of a new class of highly stable and efficient antibody-drug conjugates (ADCs) and to support the further growth of the company.


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.


Dutch fintech startup BUX launches zero-commission investing app to French users
Published: 20-07-2020 | 16:48:00 | By: Pie Kamau
Dutch fintech startup BUX has launched its zero-commission investing app to French users, making it the first neobroker of its kind in the market.


German startup NavVis receives €20m funding from the European Investment Bank
Published: 08-07-2020 | 15:01:00 | By: Pie Kamau
The European Investment Bank (EIB) and NavVis signed a contract financing of €20 million to NavVis, a global market leader in digital twin technology.


German startup Elucidate raises €2.5m to expand its financial crime index
Published: 24-06-2020 | 13:02:00 | By: Pie Kamau
Berlin-based financial crime risk quantification agency Elucidate has raised €2.5 million investment led by Silicon Valley-based 11.2 Capital with other participants in the round including Seed X Liechtenstein, Apex Ventures, Big Start Ventures and SixThirty Ventures.


Germany experience management startup zenloop raises €6.1 million to fund expansion
Published: 18-06-2020 | 15:14:47 | By: Bob Koigi
zenloop, an integrated experience management platform based in Germany has announced a financing round of 6.1 million euros.


[Startup Interview] Wolf-Dietrich Fugger, Co-Founder, EWIA Green investments, Germany
Published: 11-06-2020 | 10:25:00 | By: Bob Koigi
EWIA Green investments is a renewable energy company based in Germany with an office in Ghana. Through Solar-as-a-Service model the company sells photovoltaic systems to commercial and industrial customers in form of leasing.


Pan-European startup EstateGuru exceeds €350K funding target by 252 %
Published: 09-06-2020 | 13:04:00 | By: Pie Kamau
Pan-European marketplace for short-term, property-backed loans, EstateGuru has closed a €880K funding round on investment platform Seedrs.


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


Germany startup Vara raises €6.5 million for AI-powered breast cancer screening software
Published: 03-06-2020 | 10:26:00 | By: Pie Kamau
Vara​, the Berlin-based company on a mission to save lives by making breast cancer screening accessible worldwide, has raised €6.5 million Series A funding round, led by ​OMERS Ventures​.


Germany recruitment startup Zenjob bets on €27 million funding for expansion
Published: 14-05-2020 | 10:53:41 | By: Bob Koigi
Digital recruitment agency Zenjob has successfully completed its Series C financing round of €27 million which it is betting on to grow footprint.


Germany-based Zeitgold raises €27 million to automate bookkeeping
Published: 07-05-2020 | 10:37:00 | By: Bob Koigi
Zeitgold, has announced it has raised €27 million in Series B funding as it seeks to grow its footprint in small business accounting automation business.