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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3747541 | Tags:



[Column] Richard Shaw: AI-ready cloud - How hyperscalers empower businesses to thrive in the digital age
Published: 29-08-2023 | 11:46:00 | By: Pie Kamau
Cloud computing has undergone evolution.


DBtune secures €2.4m seed funding to revolutionize AI-based database optimization
Published: 31-07-2023 | 17:04:00 | By: Pie Kamau
DBtune has successfully closed €2.4 million seed funding round led by 42Cap


Aethir closes $150m valuation, Pre-A funding round to scale decentralized cloud infrastructure
Published: 27-07-2023 | 12:45:00 | By: Pie Kamau
Singapore-based Aethir announced the completion of its Pre-A funding round.


[Column] Ronald Magondo: How cloud-native approaches are redefining business
Published: 14-07-2023 | 15:33:00 | By: Pie Kamau
Cloud-native approaches are rapidly redefining the business landscape.


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


DoiT and Tenity target Early-stage fintech and insurtech startups with cloud computing offerings
Published: 20-04-2023 | 14:22:06 | By: Bob Koigi
Through this partnership, DoiT will become one of Tenity's trusted cloud partners, providing Tenity’s incubated startups, both current and alumni, with round-the-clock access to best-in-class cloud technology and services on Amazon Web Services (AWS), Google Cloud Platform (GCP) and Microsoft Azure.


[Column] Jon Tullett: Cloud economics for enterprises
Published: 23-03-2023 | 12:42:00 | By: Pie Kamau
When looking at cloud economics for enterprises, it is important to determine whether the cloud spend within the organisation is optimal today and will continue to be so tomorrow.


[Column] Marilyn Moodley: Conquering the biggest cloud adoption challenges with an effective strategy
Published: 06-03-2023 | 12:42:00 | By: Pie Kamau
As CIOs turn to the cloud to help streamline performance across key areas of operations, knowing exactly how to conquer the biggest cloud adoption challenges is more important than ever before.


Three factors driving West African organizations’ rapid cloud adoption
Published: 03-03-2023 | 11:20:00 | By: Pie Kamau
West African businesses are adopting cloud technologies at an unprecedented rate to unlock a range of competitive capabilities through digital transformation. 


Anthropic forges partnership with Google Cloud to help deliver reliable and responsible AI
Published: 06-02-2023 | 14:19:00 | By: Pie Kamau
Google Cloud announced a new partnership with Anthropic, an AI startup focused on safety and research. Anthropic has selected Google Cloud as its preferred cloud provider.


Israeli DevOps startup Port raises $7m to build an internal developer portal that fits any engineering organization
Published: 11-11-2022 | 07:39:00 | By: Pie Kamau
Israeli DevOps startup Port announced it had raised $7 million in seed funding for its comprehensive builder-based internal developer portal. The seed round was led by TLV Partners. 


3nets concludes $11m seed round for multi-cloud workload portability solution
Published: 04-11-2022 | 09:21:00 | By: Pie Kamau
3nets.io, a Delaware corporation, announced the conclusion of $11 million seed round at a post-money valuation of $20 million. 


Manchester-based consumer insights startup Vypr raises additional £3.4m to scale its product intelligence platform
Published: 31-10-2022 | 11:17:00 | By: Pie Kamau
Fast-growing consumer insights business Vypr has received new investment of £3.4 million, at a significantly increased valuation on its last funding round in January 2021.


French cloud infrastructure startup Newboot completes first fundraising round to accelerate growth
Published: 31-10-2022 | 09:55:00 | By: Pie Kamau
Toulouse and Paris-based startup Newboot announced it has completed its first fundraising round with NOVA by Saint-Gobain and several Business Angels.


Netmaker launches with $2.3m funding to fix cloud networking with WireGuard
Published: 25-10-2022 | 12:52:00 | By: Pie Kamau
Netmaker, a cloud networking startup, announced $2.3 million in funding to launch their "superhighway for secure cloud networks." The round was led by Lytical Ventures.


Cloud-native database developer Singlestore secures $146 million financing to drive growth
Published: 05-10-2022 | 14:29:57 | By: Bob Koigi
SingleStoreDB empowers businesses to deliver superior real-time experiences by unifying transactions and analytics in the same engine – with fast, cost-efficient and powerful results.


Security and management supplier Verkada raises $205m to build an operating system for the physical world
Published: 19-09-2022 | 09:36:00 | By: Pie Kamau
Verkada, a pioneer in cloud-managed enterprise building security and management, announced a $205 million Series D funding round with new and existing venture partners.


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.


Ukrainian and Dutch-based startup Cloudprinter.com raises €7m seed funding to grow its global print API platform
Published: 13-07-2022 | 16:05:00 | By: Pie Kamau
Cloudprinter.com, the Ukrainian and Dutch-based global print API platform raised €7 missed in a seed round led by Capital Mills.


Kenyan startup unveils multi -company single log-in cloud solution for HR -payroll consultants
Published: 13-07-2022 | 15:30:00 | By: Bob Koigi
The multi-company log-in module allows an individual consultant or company to manage centralized data, which facilitates payroll processing, pay slip, and report generating for different clients, under one account.


French space-tech startup Leanspace raises €6m to digitalize the space industry via the cloud
Published: 04-07-2022 | 16:26:00 | By: Pie Kamau
Leanspace, the company building the digital infrastructure of the space industry, announced the closing of an oversubscribed seed financing round of €6 million.


Constructiontech startup ProPlanner raises $2.7m to transform construction scheduling
Published: 27-06-2022 | 13:14:00 | By: Pie Kamau
ProPlanner (formerly Ipsum), a web-based and collaborative construction technology platform, announced it has raised $2.7 million in funding led by global software investor Insight Partners.


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.


SaaS solution startup LucidLink raises $20m Series B to solve remote collaboration challenges for global creative teams
Published: 17-05-2022 | 14:40:00 | By: Pie Kamau
LucidLink, an innovative SaaS solution connecting creative teams around the world, announced it has raised $20 million in funding from investors in its Series B funding round.


AI startup GridMatrix raises $3.5m seed round to grow its proprietary cloud architecture platform
Published: 25-04-2022 | 13:16:00 | By: Pie Kamau
GridMatrix announced it has raised $3.5 million in seed funding in a round co-led by 8VC and Cota Capital, with participation from Alumni Ventures Group.


Israeli tech startup Run:ai completes proof of concept with NVIDIA
Published: 28-03-2022 | 15:54:00 | By: Pie Kamau
Run:ai, the company simplifying AI infrastructure orchestration and management, announced details of a completed proof of concept (POC) which enables multi-cloud GPU flexibility for companies using NVIDIA GPUs in the cloud.


Swiss edtech startup Alphacruncher raises €1.45m for global rollout of research cloud workspace product
Published: 16-03-2022 | 13:36:00 | By: Pie Kamau
Swiss edtech startup Alphacruncher has raised €1.45 million funding from Austrian venture capital firm Alpine Equity, NGM, private investors and existing users, to enable the global rollout of its education and research cloud workspace product, Nuvolos.


IronCore Labs launches program to give two years free data security tools to qualified startups
Published: 01-03-2022 | 10:57:06 | By: Pie Kamau
IronCore Labs, the provider of data security for modern cloud applications, announced the IronCore Labs Startup Program that gives two years of free data security tools to qualified startups.


Cloud-based-AI startup Inspectorio raises $50m to reinvent production chain with AI-powered platform
Published: 01-02-2022 | 13:41:00 | By: Pie Kamau
Inspectorio, the cloud-based AI-powered SaaS solution, announced the company has raised $50 million in a Series B Round led by New York-based global private equity and venture capital firm, Insight Partners.


Artificial Intelligence startup Rehinged launches Carenet AI platform for the healthcare industry
Published: 27-01-2022 | 11:54:33 | By: Pie Kamau
Rehinged, an AI startup that transforms external market data into actionable intelligence, announced the launch of Carenet AI, its market intelligence platform specifically built for the healthcare industry.


Israeli tech startup Polar Security emerges from stealth with $8.5m seed round to automatically protect cloud data
Published: 20-01-2022 | 10:50:00 | By: Pie Kamau
Polar Security, a cloud-native data security company, announced it has raised a $8.5 million seed financing round and launched out of stealth.


Global cloud computing company Esker to acquire majority stake in UK-based startup Market Dojo
Published: 06-01-2022 | 12:38:32 | By: Bob Koigi
The agreement states that Esker will acquire 50.1% of the shares and voting rights in the company effective Q1 2022 and the remainder of Market Dojo shares after a period of four years.


VentureIsrael Invests in NeuroBrave software startup
Published: 05-01-2022 | 10:43:41 | By: Bob Koigi
An Israeli deep tech fund VentureIsrael participated in the investment round alongside Labs/02 and Samurai Incubate. The investment will be used to accelerate R&D and go-to-market activities.


Israeli SaaS security startup Atmosec raises $6m seed round to secure SaaS ecosystems
Published: 21-12-2021 | 13:29:00 | By: Pie Kamau
Atmosec, the SaaS security venture, announced its official launch out of stealth as well as the completion of a $6 million seed funding round, led by Glilot Capital Partners and Battery Ventures.


Spa and salon marketplace startup Spa Space raises $3m seed funding to accelerate growth
Published: 21-12-2021 | 13:03:00 | By: Pie Kamau
Spa Space announced the closure of a $3 million seed round of funding. The three-sided vertical marketplace for the spa and salon industries solves the therapist shortage with a wide range of on-demand staffing solutions.


Polymer No-Code DLP closes $4m seed round to protect leakage of sensitive customer data
Published: 15-12-2021 | 14:07:00 | By: Pie Kamau
Polymer, the cloud native No-Code Data Loss Prevention (DLP) solution for third party SaaS platforms, today announced the completion of a $4 million Seed round led by Story Ventures.


Fort Ross Ventures announces first closing of $200m late-stage fund
Published: 18-11-2021 | 09:31:00 | By: Pie Kamau
Fort Ross Ventures, an international venture-capital firm focused on startups in the U.S. and Israel, announced the $100 million first closing of its late-stage fund.


Israeli data security startup Laminar emerges from Stealth with $32 million Series A funding
Published: 17-11-2021 | 17:03:59 | By: Bob Koigi
Laminar, a public cloud data protection provider, has emerged from stealth with a $32 million Series A investment, bringing the company’s total funding to $37 million.


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


afriQloud and whitesky.cloud have put the foundation in place for a federated EMEA cloud infrastructure
Published: 05-11-2021 | 14:57:00 | By: Bob Koigi
In partnership with the European company whitesky.cloud, afriQloud has designed a completely new architecture for affordable and local cloud services.


Kenyan-based payroll startup Workpay expands to Nigeria
Published: 02-11-2021 | 11:34:00 | By: Pie Kamau
Workpay, a Nairobi-based YC graduate, is expanding its operations to Nigeria. The cloud-based workforce management startup will now offer Core HR, Payroll, and employee record services to organizations in the country.


Spiceware startup selected as finalist of UK's Trade's Global Fintech Competition
Published: 29-10-2021 | 15:20:55 | By: Pie Kamau
Spiceware, a cloud-based data security company and a member of Born2Global Centre, was selected as the "Joint Winner" at the Global Fintech Competition 2021 hosted by the British Ministry of International Trade (DIT).


London-based AI startup Humanising Autonomy raises $11m Series A funding to change how machines understand people globally
Published: 21-10-2021 | 14:10:00 | By: Pie Kamau
Humanising Autonomy, a behaviour AI company using modular, low-power computer vision technology to ethically understand and predict human behaviour raised an $11 million Series A funding round.


APX Platform announces oversubscribed seed round investments by 20% within 60 days
Published: 08-10-2021 | 13:06:00 | By: Pie Kamau
APX Platform, the aesthetic industry's only cloud-based, business intelligence, training, educational and data analytics platform for aesthetic practices, has oversubscribed its seed round investments by 20 percent within 60 days.


South Korean startup Aniai to participate in Microsoft for Startups Global Grand Final program
Published: 07-10-2021 | 12:25:31 | By: Pie Kamau
Korean startup Aniai, a member of Born2Global Centre, got selected as one of the 10 companies that will participate in Microsoft for Startups. Aniai has developed a labor solution for quick service restaurants by building a robotic kitchen.


PHYTunes startup closes $1.5m seed round to develop solution for full 5G inside residential, commercial buildings
Published: 06-10-2021 | 14:32:00 | By: Pie Kamau
PHYTunes, a player in 5G at the Edge and wireless-wireline convergence, announced it has close its seed round of $1.5 million with investors Deutsche Telekom´s hub:raum.


Rendered.ai startup raises $6m to expand developer framework for synthetic data
Published: 06-10-2021 | 14:14:00 | By: Pie Kamau
Rendered.ai announced the closing of a $6 million seed round to expand staffing and operations to scale up the Rendered.ai Platform as a Service that supports data scientists, engineers, and business innovators.


Israeli startup Appwrite raises $10m to build open source alternative to Google's firebase
Published: 29-09-2021 | 13:23:00 | By: Pie Kamau
Appwrite, the open source Backend-as-a-Service (BaaS) platform for web, mobile and flutter developers, announced it has raised $10 million in a seed round led by Bessemer Venture Partners and Flybridge with participation of Ibex Investors and Seedcamp.


[Startup Interview] Burjiz Pithawala, Co-Founder, Elisity, USA
Published: 10-09-2021 | 10:15:00 | By: Bob Koigi
Elisity is a USA-based startup that is helping companies redefine security and access in a world transformed by cloud, mobility, and connected devices.


Energy Distribution startup Fuel Me wins Plug And Play's Supply Chain and Logistics Program
Published: 20-08-2021 | 11:55:00 | By: Pie Kamau
Fuel Me, a cloud-based fuel and energy distributor, was selected from a competition with 100 participating companies, for Plug and Play's "Supply Chain and Logistics Program".


Dialpad for Startups programme empowers founders with reliable business communication solutions
Published: 18-08-2021 | 13:39:00 | By: Bob Koigi
Dialpad for Startups is designed to help early-stage companies grow with best-in-class, unified business communications including voice, messaging, video conferencing and contact center solutions.


John Deere acquires agritech startup Bear Flag Robotics to accelerate autonomous technology on the farm
Published: 06-08-2021 | 13:49:56 | By: Pie Kamau
Deere & Company has signed a definitive agreement to acquire agritech startup Bear Flag Robotics for $250 million. Founded in 2017, the Silicon Valley-based startup develops autonomous driving technology compatible with existing machines.


Tech startup tab32 closes Series B financing to accelerate dental cloudtech transformation
Published: 06-08-2021 | 13:30:00 | By: Pie Kamau
tab32, the dental industry cloud-based, full-service technology platform, announced closing a Series B round led by Spark Growth Ventures, a technology VC firm "on a mission to support gritty and exceptional founders."


Fintech startup Rapyd raises $300m Series E to further enhance its service offering
Published: 04-08-2021 | 12:04:00 | By: Pie Kamau
Rapyd, a global Fintech as a Service company, announced a $300 million Series E funding round led by Target Global.


Confluera named top cybersecurity startup in 2021 Black Unicorn Awards
Published: 03-08-2021 | 11:26:00 | By: Pie Kamau
Confluera, the provider of next-generation cloud detection and response, has been named a winner in the "Top 10 Cybersecurity Startups" category of this year's 2021 Black Unicorn Awards, by Cyber Defense Magazine.


Ampere to acquire technology startup OnSpecta to accelerate AI inference on cloud-native applications
Published: 29-07-2021 | 15:25:21 | By: Pie Kamau
Ampere Computing announced it has agreed to acquire AI technology startup OnSpecta, strengthening Ampere Altra performance with AI inference applications.


LearnWorlds secures $32m in growth funding to help educators create and sell online courses
Published: 16-07-2021 | 14:32:00 | By: Pie Kamau
LearnWorlds, an all-in-one platform for creating and selling online courses, has secured a $32 million minority investment by global venture capital and private equity firm Insight Partners.


Agritech startup GrowFlux selected to join Wells Fargo Innovation Incubator program
Published: 14-07-2021 | 12:48:00 | By: Pie Kamau
The Wells Fargo Innovation Incubator, a technology incubator and platform funded by the Wells Fargo Foundation, has selected GrowFlux and four other startups to participate in the program's ninth cohort.


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


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


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


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


Andrew Gilroy joins IGA startup SecurEnds as Director of Strategic Accounts
Published: 25-05-2021 | 14:43:00 | By: Pie Kamau
Andrew Gilroy joined IGA startup SecurEnds as the Director of Strategic Accounts. He brings over 10 years of startup sales experience and 7 years of Governance & Compliance specific expertise to his new role at SecurEnds.


Blu Venture Investors launches $25m BVI Cyber Fund for Series A growth cybersecurity companies
Published: 21-05-2021 | 14:09:00 | By: Pie Kamau
Blu Venture Investors, a primary source venture capital firm, announced the launch of the BVI Cyber Fund, a $25 million fund targeted at Series A growth companies in cybersecurity.


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


Cybersecurity startup ActZero announces platform enhancement, alliance with CrowdStrike to accelerate managed detection
Published: 19-05-2021 | 09:57:00 | By: Pie Kamau
ActZero, a cybersecurity startup whose mission is to democratize cybersecurity for small and mid-size businesses, announced a major enhancement of its AI-driven managed detection and response (MDR) platform.


Canadian startup Agnostiq secures $2m seed round to further develop SaaS-based quantum solutions
Published: 14-05-2021 | 12:16:00 | By: Pie Kamau
Agnostiq, Inc., the quantum computing SaaS startup, has raised $2 million in seed funding to support the continued development of its software platform.


Travel blockchain startup travelBloc.ai files CO2 & flight safety patents
Published: 12-05-2021 | 11:40:00 | By: Pie Kamau
Silicon Valley travel blockchain startup travelBloc.ai reinventing travel solutions for today's tech savvy traveler, leveraging AI & Blockchain based innovation that will disrupt status quo and improve the traveler experience.


The Batchery introduces next wave of innovative startups in Berkeley, California
Published: 06-05-2021 | 11:12:00 | By: Pie Kamau
The Batchery announced its 12th Demo Day featuring eleven early-stage startups from the Berkeley-based incubator's intensive Deep Dive program.


Asset management startup JupiterOne raises $30m Series B funding to accelerate growth
Published: 05-05-2021 | 13:05:00 | By: Pie Kamau
JupiterOne, the provider of cyber asset management and governance solutions, announced a $30-million Series B funding round led by Sapphire Ventures to support the company's rapid growth in revenue, customers, and employees.


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


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


OpenBots startup secures $5m of capital in seed funding to democratize automation technologies
Published: 31-03-2021 | 14:07:00 | By: Pie Kamau
OpenBots, the enterprise RPA platform with its innovative zero-cost bot licensing model, announced the raise of $5 million from undisclosed private investors in its capital seed round.


iFoodDS closes $15m in growth funding led by scaleup investor Insight Partners
Published: 25-03-2021 | 11:04:00 | By: Pie Kamau
iFoodDS, provider of food safety, traceability, and quality management solutions for the fresh food supply chain, announced the close of a $15 million Series A funding round led by Insight Partners.


Usage AI startup raises seed round led by Tinder founder Justin Mateen
Published: 25-03-2021 | 10:38:45 | By: Pie Kamau
Usage AI (usage.ai), a platform that empowers companies to reduce their monthly cloud expenditure, announced the close of its seed round led by Tinder Founder Justin Mateen.


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.


Plug and Play, Finastra partner to expand FusionFabric.cloud platform for open innovation
Published: 22-03-2021 | 15:16:00 | By: Pie Kamau
Plug and Play announced a collaboration with Finastra, global financial technology provider, to help expand its FusionFabric.cloud platform for open innovation.


SchooLinks startup lands $8.3m Series A for college, career success for diverse student population
Published: 18-03-2021 | 12:49:00 | By: Pie Kamau
SchooLinks, an Austin, TX startup founded by Forbes 30 under 30 entrepreneur Katie Fang to democratize access to modern career and college planning resources for the broader student population, raised an $8.3m Series A funding.


Canadian cybersecurity startup Turnstil.Cloud bot analytics & management for cloudflare emerges from stealth
Published: 11-03-2021 | 09:36:20 | By: Pie Kamau
Turnstil.Cloud, a Canadian cybersecurity startup specializing in real-time bot analysis and management, announced it has emerged from stealth with the publication of a SaaS bot management solution for Cloudflare users.


Fintech startup Cube raises $10m Series A to expand next-geneneration CFO intelligence platform
Published: 10-03-2021 | 16:01:00 | By: Pie Kamau
Cube, the next-generation Financial Planning & Analysis (FP&A) platform for modern Finance teams, announced a Series A round of funding led by Mayfield, with participation from Bonfire Ventures and Operator Collective.


Cloud infrastructure startup Pipe17 raises $8m to help high-growth e-Commerce merchants close demand and operations gap
Published: 23-02-2021 | 08:06:00 | By: Pie Kamau
Pipe17, the connected infrastructure company for e-commerce, announced the closing of an $8 million round of funding led by GLP Capital Partners, the U.S.-based investment arm of GLP.


Connected accounting startup Lockstep closes $10m Series A
Published: 15-02-2021 | 15:05:00 | By: Pie Kamau
Lockstep, the world's first connected accounting cloud, announced the close of a $10 million Series A funding round led by Point72 Ventures with participation from Clocktower Ventures and Revel Partners.


Software reliability startup Nobl9 secures $21m Series B funding
Published: 11-02-2021 | 09:07:00 | By: Pie Kamau
Nobl9, the software reliability platform company, secured $21 million in Series B funding and launched its flagship product to define the landscape of the next major innovation in cloud infrastructure operations.


Boston-based data insights startup Resultably helps businesses understand and predict workforce efficiency
Published: 04-02-2021 | 15:49:00 | By: Pie Kamau
Resultably, a data insights platform powered by artificial intelligence (AI) and machine learning launched publicly, integrating with business tools Google, Microsoft, Zoom, Slack, and Zenefits to help companies unlock business insights.


Belgian startup Soda raises €11.5m Series A funding to bring everyone closer to data
Published: 02-02-2021 | 13:21:00 | By: Pie Kamau
Soda announced it has raised €11.5 milion Series A financing to accelerate the development of its data monitoring platform that streamlines how teams find the data worth fixing.


Tech startup CloudNatix raises $4.5m seed round to transform cloud and on-premise infrastructure operations
Published: 22-01-2021 | 15:16:00 | By: Pie Kamau
CloudNatix, a provider of efficient infrastructure across multiple clouds and on-premise environments, announced the closing of $4.5 million Seed round financing.


Analytics startup Quantifind secures $22m financing to accelerate market for automated financial crime and risk investigation
Published: 22-01-2021 | 14:02:00 | By: Pie Kamau
Quantifind, a provider of solutions that use data science to help automate financial crimes investigations announced a strategic growth funding round of $22 million.


Rescale named to Y Combinator's top companies list
Published: 15-01-2021 | 12:00:25 | By: Pie Kamau
Rescale, the hybrid HPC cloud platform enabling intelligent computing for digital R&D, was named to Y Combinator's Top Companies list, reaffirming its position as a power player among startups.


[Startup Interview]  Julien Morin, CEO, Wiboot, France
Published: 16-12-2020 | 10:07:00 | By: Bob Koigi
Wiboot is a French-based startup that combines IOT and AI different stacks in a single integrated platform, allowing professionals to create rapidly their application and maximize their return on investment.


South Africa agritech startup Aerobotics raises funds for global expansion
Published: 16-12-2020 | 09:05:40 | By: Bob Koigi
FMO and Cathay AfricInvest Innovation have invested in Aerobotics, a South African AgriTech startup developing intelligent tools to the feed the world.


Scale Venture Partners announces close of new $600m fund
Published: 04-12-2020 | 13:50:00 | By: Pie Kamau
Scale Venture Partners announced it has closed Scale Venture Partners Fund VII with $600 million in committed capital.


Tech startup Fylamynt launches with $6.5m seed to automate cloud workflows
Published: 03-12-2020 | 14:36:00 | By: Pie Kamau
Fylamynt, a cloud automation platform, announced its launch with $6.5 million in seed funding led by Gradient Ventures, Google's AI-focused fund, with additional investment from Mango Capital and Point72 Ventures.


Iron Pillar invests $4 million in cloud governance startup CoreStack
Published: 03-12-2020 | 13:48:26 | By: Bob Koigi
Iron Pillar, a venture growth investor backing companies built from India, has announced a $4 million investment in CoreStack, a cloud governance and compliance SaaS startup based in Seattle with development in Chennai.


Early-stage venture firm MGV Capital announces initial closing of its new Capital Fund
Published: 25-11-2020 | 15:09:42 | By: Pie Kamau
Early-stage venture capital firm, MGV Capital Group, announced it has held an initial closing of its new fund, MGV Capital Fund, to invest in early stage software technology companies.


South Korea's StradVision joins NVIDIA Inception program as premier partner
Published: 20-11-2020 | 12:59:59 | By: Pie Kamau
StradVision has joined NVIDIA Inception, a virtual accelerator program designed to nurture companies that are revolutionizing industries with advancements in AI and data sciences.


Citi announces strategic investment in UK startup Dextcloud
Published: 19-11-2020 | 13:31:33 | By: Bob Koigi
Dextcloud, an API “Low Code Application Platform” (LCAP) startup based in the UK, has received a strategic investment from Citi.


Snowflake announces global startup challenge to fuel next generation of apps in the data cloud
Published: 18-11-2020 | 13:21:40 | By: Bob Koigi
Snowflake, creator of the Data Cloud, has announced its first-ever global Startup Challenge.


Nigerian HR startup SeamlessHR raises seven-figure funding to expand across Africa
Published: 09-11-2020 | 09:30:00 | By: Pie Kamau
Nigeria’s HR startup SeamlessHR has closed a seven-figure deal as it seeks to expand across other African markets.


Cado Security raises $1.5 Million funding to bolster cybersecurity tech
Published: 07-11-2020 | 13:08:23 | By: Bob Koigi
Cado Security, a provider of the world’s first cloud-native cyber forensics and response platform Cado Response, has announced the close of a $1.5 million seed round led by Ten Eleven Ventures.


Motion tech startup DeepMotion makes motion capture accessible with launch of Animate 3D
Published: 29-10-2020 | 14:24:00 | By: Pie Kamau
As part of its drive to revolutionize Motion Intelligence, DeepMotion has officially launched their 3D animation cloud service Animate 3D.


Tech startup KēlaHealth raises $12.9m to deliver AI-powered, clinician-centered solutions to improve surgical care
Published: 28-10-2020 | 14:23:00 | By: Pie Kamau
KēlaHealth, announced the closing of a $2.9 million Seed financing and milestone-based $10 million Series A financing led by Santé Ventures and Intuitive Ventures.


kathy ireland Worldwide expands health advocacy through partnership with tech startup mymedicalimages.com
Published: 28-10-2020 | 13:38:53 | By: Pie Kamau
Medical imaging technology startup mymedicalimages.com has partnered with kathy ireland Worldwide (kiWW) for a new, cutting-edge patient-centric medical image sharing platform.


Madison-based AI startup DataChat closes $4m seed round to accelerate democratization of data analytics
Published: 23-10-2020 | 10:34:00 | By: Pie Kamau
DataChat, a University of Wisconsin-Madison spinout with a sophisticated yet intuitive data analytics platform announced the closing of a $4 million seed funding round led by Silicon Valley venture capital firms WRVI Capital and Nepenthe Capital.


New York healthtech startup Ezra receives FDA clearance for prostate cancer AI
Published: 22-10-2020 | 11:22:01 | By: Pie Kamau
Ezra, healthtech startup transforming early cancer screening using MRI, announced it has received FDA 510(k) premarket authorization for its Artificial Intelligence, designed to decrease the cost of MRI-based cancer screening.


Toyota AI Ventures invests in Canadian robotic kitchen startup YPC Technologies
Published: 21-10-2020 | 11:50:09 | By: Pie Kamau
Toyota AI Ventures, Toyota's early-stage venture capital fund, announced its investment in YPC Technologies, a robotic kitchen startup based in Montreal, Canada.


Phunware launches MaaS Customer Data Platform to meet global demand
Published: 21-10-2020 | 11:26:08 | By: Bob Koigi
Phunware, Inc. , a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide has launched its Multiscreen-as-a-Service (MaaS) Customer Data Platform.


Seattle biotech startup Genemod raises $1.7m in oversubscribed seed round to drive next generation medicine
Published: 14-10-2020 | 15:09:00 | By: Pie Kamau
Genemod, a software solution for life scientists that uses data automation to streamline and accelerate research announced a $1.7 million seed funding round led by Defy.vc.


Cloud cost management startup Yotascale raises $13 million to scale operations
Published: 13-10-2020 | 13:13:47 | By: Bob Koigi
Yotascale ,US startup involved in next-generation cloud cost management software, has secured $13 million for its Series B round, bringing its total capital raised to $25 million.


Caroll adopts Openbravo OMS and POS solutions to accelerate omnichannel retail strategy
Published: 12-10-2020 | 13:06:31 | By: Bob Koigi
Openbravo, the global cloud-based omnichannel platform vendor for agile and innovative commerce, has announced that it has been awarded a contract by Caroll International, the French fashion retailer.


MessageBird raises $200 million financing to expand to Europe, Asia and Latin America
Published: 09-10-2020 | 11:20:00 | By: Bob Koigi
MessageBird, the world’s omnichannel cloud communications platform, has announced the closing of a new $200M Series C round led by Silicon Valley’s Spark Capital at a $3 billion valuation.


ECI buys cloud based construction startup BOLT Software
Published: 08-10-2020 | 14:55:00 | By: Bob Koigi
ECI Software Solutions, a company involved in cloud-based business management solutions has announced that it has acquired BOLT Software, a cloud-based construction business management solution.


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.


Swiss healthtech startup Mobile Health AG selects Infosys for its commercial launch of Consilium Care
Published: 07-10-2020 | 11:51:00 | By: Pie Kamau
Infosys, next-generation digital services and consulting company has been selected by Mobile Health AG to enhance the go-to-market (GTM) strategy for its electronically patient-reported outcomes (ePRO) platform, Consilium Care™.


Edge computing startup Macrometa closes $7m Seed financing round to accelerate product rollout and sales
Published: 06-10-2020 | 12:31:00 | By: Pie Kamau
Macrometa Corporation, first-of-its-kind edge computing company enabling web and cloud native developers to build and run applications across a network of global clouds and data centers, announced the close of a $7 million Seed financing.


Strigo raises $8 million financing for its remote software training solution
Published: 01-10-2020 | 16:42:33 | By: Bob Koigi
Israel technology training startup Strigo has announced that it has tripled its customer base since the outbreak of the COVID-19 virus and closed an $8 million Series A financing round.


U.S. cloud-based solution startup Axis Security raises $32m to meet enterprise demand for 'Work from Anywhere'
Published: 01-10-2020 | 15:09:00 | By: Pie Kamau
Axis Security, leader in Zero Trust Access announced $32 million in Series B funding led by Canaan Partners, with participation from existing investors Ten Eleven Ventures and Cyberstarts.


Hetz Ventures closes on $77m for oversubscribed second fund to invest in B2B enterprise tech
Published: 16-09-2020 | 14:58:00 | By: Pie Kamau
Hetz Ventures, a leading venture capital fund for early-stage investments, announced the close of its second flagship fund, oversubscribed at $77 million.


Pcysys announces $25m Series B funding round led by Insight Partners
Published: 09-09-2020 | 14:56:00 | By: Pie Kamau
Cybersecurity Validation company, Pcysys, announced it has completed a $25 million Series B funding round led by US-based venture capital and private equity firm Insight Partners.


Software development startup Zymr expands footprint in India, opens new development center in Bengaluru
Published: 04-09-2020 | 15:32:00 | By: Pie Kamau
Zymr, a full-stack cloud-native software development company headquartered in California announced the establishment of a third development center in Bengaluru, India, to respond to an increasing customer demand despite COVID slowdown.


Fielding Norton joins advisory board of InsureTech startup Pricing Platform
Published: 02-09-2020 | 10:41:00 | By: Pie Kamau
Pricing Platform, an InsureTech startup that integrates Property & Casualty underwriting, pricing, and portfolio analytics in a cloud-based platform announced Fielding "Fid" Norton has joined as founding advisor and Chair of the advisory board.


LimaCharlie receives $500K seed funding to accelerate growth of security infrastructure as a Service
Published: 01-09-2020 | 15:58:00 | By: Pie Kamau
LimaCharlie, the market leader for delivering Information Security Infrastructure as a Service (SIaaS), has secured seed $500K funding from Lytical Ventures to accelerate growth and support its continued success.


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.


Silicon Valley startup Exo receives $40 million funding to for handheld medical imaging
Published: 27-08-2020 | 10:26:03 | By: Bob Koigi
Exo, a pioneering health information and devices company, has closed a $40 million Series B+ funding round that will fund research and product development on a revolutionary handheld medical device and cloud-based workflow software platform.


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.


Cybersecurity startup Blumira raises $2.6 million to expand capacity
Published: 12-08-2020 | 13:10:00 | By: Bob Koigi
Blumira, an emerging cybersecurity startup based in US, recently raised $2.6 million in funding. This investment will allow the company to continue innovating on the latest threat detection and response technology.


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.


Amdocs set to acquire Openet to accelerate adoption of 5G among customers
Published: 27-07-2020 | 14:26:00 | By: Bob Koigi
Amdocs a provider of software and services to communications and media companies has entered into a definitive agreement to acquire Openet, a global provider of 5G charging, policy and cloud technologies.


French startup Ponicode raises €3m to develop Artificial Intelligence for improved code quality
Published: 16-07-2020 | 12:58:00 | By: Pie Kamau
Ponicode, a French start-up specialising in Artificial Intelligence and data sciences has announced a €3 million fundraising led by founder-friendly European VC, Breega, alongside Kima and Plug & Play Ventures.


Privacy software company OneTrust acquires Seattle based startup Integris
Published: 03-07-2020 | 16:18:00 | By: Pie Kamau
Atlanta-based privacy, security, data governance, and compliance technology company OneTrust announced its Integris Software acquisition.


Microsoft Venture Fund, USVP invest in Israel cyber security startup Hunters
Published: 02-07-2020 | 16:19:00 | By: Bob Koigi
Israel-based tech startup Hunters has raised $15 million in Series A funding to scale its autonomous threat hunting solution to defend enterprises from intruders and missed attacks across cloud.


[Startup Interview] Riaan Rautenbach, CEO, Live Fr8, South Africa
Published: 30-06-2020 | 14:07:15 | By: Bob Koigi
LIVE FR8™ is a South African startup that offers cargo suppliers and transporters improved and cheaper logistics services through cloud technology. Cargo suppliers and transporters connect directly.


Crowdsourced ethical hacking platform Intigriti raises €4m for international expansion
Published: 25-06-2020 | 13:40:00 | By: Pie Kamau
Belgium based crowdsourced cybersecurity firm Intigriti has raised €4.14 million in their Series A round, led by European based venture capital firm ETF partners.


CirrusHQ announces £400,000 investment, appointment of Alastair Mills as new Chairman to drive business growth in the UK
Published: 01-06-2020 | 17:36:00 | By: Pie Kamau
CirrusHQ, a leading Amazon Web Services (AWS) Advanced Consulting and Solution Provider partner, announced it has secured a £400,000 growth capital investment plus the appointment of Alastair Mills as the company’s new Chairman.


France cloud based phone system Aircall secures $65 million to fund expansion
Published: 27-05-2020 | 14:56:00 | By: Bob Koigi
French tech startup Aircall has raised $65 million in Series C funding as it looks to bolster its cloud-based voice platform and fund its expansion.


Dataplace opens hypermodern datacenter in Amsterdam metropolitan area
Published: 19-05-2020 | 15:10:24 | By: Bob Koigi
Netherlands' carrier neutral datacenter operator Dataplace, has opened a sixth Tier III datacenter in Hoofddorp.


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.


Seattle VC firm Madrona invests $8.5 million in vendor management startup VNDLY
Published: 12-05-2020 | 18:54:54 | By: Bob Koigi
American Venture capital firm Madrona Venture Group has invested $8.5 million in cloud-based workforce management systems startup VNDLY.


Rapid7 set to acquire cloud security startup DivvyCloud for $145 million
Published: 30-04-2020 | 14:31:15 | By: Bob Koigi
Rapid7, Inc., a provider of security analytics and automation, has entered into an agreement to acquire DivvyCloud Corporation, a Cloud Security Posture Management (CSPM) company.


[Startup Interview] Freeman Addico, CEO, Addicnet, Ghana
Published: 25-02-2020 | 12:47:00 | By: Bob Koigi
Pan-African cloud computing and ecommerce solutions provider Addicnet is redefining cloud computing landscape in the continent through its unique offerings. Addicnet is a Pan-African Cloud computing and ecommerce solutions provider aiding African companies