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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3957737 | Tags:









Paris-based startup Hivebrite secures $37m to expand global community engagement platform
Published: 18-10-2023 | 13:20:00 | By: Pie Kamau
Hivebrite has raised a $37m Series B funding round.


French insurtech startup Orus raises €11m funding to expand its services in Europe
Published: 11-10-2023 | 11:43:00 | By: Pie Kamau
French insurtech startup Orus has raised €11 million in Series A funding.


French SaaS firm scnd raises €4m to disrupt the sales of services
Published: 06-10-2023 | 11:29:00 | By: Pie Kamau
scnd, the trailblazing French SaaS solution, announced a €4m funding round backed by 42Cap and Partech.


French startup Kamino Retail raises €1.25m pre-seed round to accelerate growth
Published: 29-09-2023 | 12:27:00 | By: Pie Kamau
Kamino Retail announced a pre-seed funding of €1.25m from business angels.


Paris-based startup Ondorse raises €3.8m to expand KYC solution in Europe
Published: 27-09-2023 | 13:49:00 | By: Pie Kamau
Ondorse, a business KYC solution, has raised  €3.8m seed round.


French startup Teale secures €10m to become the European leader in mental health
Published: 01-09-2023 | 12:38:00 | By: Pie Kamau
Parisian Digital mental health platform Teale, has raised €10m second round of funding.


French clinical-stage biotech Abivax secures €75m for product development
Published: 31-08-2023 | 15:13:00 | By: Pie Kamau
Claret European Growth Capital has participated in investing €75m into Abivax.


Exeliom Biosciences closes its Series A funding at €24 million
Published: 03-07-2023 | 13:32:00 | By: Pie Kamau
Paris-based Exeliom Biosciences announced the completion of its €24 million Series A funding.


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


Satgana invests in pre-seed round of French electric bike startup Loewi
Published: 30-05-2023 | 09:43:00 | By: Pie Kamau
Satgana has invested in the pre-seed round of Paris-based electric bike startup Loewi.


French EV startup Driveco raises $250m to become a European leader in EV charging infrastructure
Published: 12-05-2023 | 14:48:00 | By: Pie Kamau
Driveco, the innovative French electric vehicle charging startup, announced a €250 million fundraising round from Dutch pension fund manager APG.


AI crop analysis platform Inarix raises €3.1m seed funding to help farmers determine quality and value of their crops
Published: 14-03-2023 | 11:52:00 | By: Pie Kamau
Inarix, the AI-powered crop analysis platform, announced a €3.1 million seed round from Ankaa ventures, Label Investment, Newfund, Alliance for impact and Resiliance.


Y Combinator-backed Crew raises $2.3m to launch first all-in-one recruiting CRM
Published: 14-02-2023 | 09:26:00 | By: Pie Kamau
After 18 months of restricted beta access, Crew, a Parisian all-in-one recruiting CRM for teams solution, announced the launch of its product in self-serve and a $2.3 million seed funding round through a strategic approach.


French hydrogen startup HySiLabs raises €13m Series A funding to accelerate growth
Published: 02-02-2023 | 13:16:00 | By: Pie Kamau
HySiLabs, the novel hydrogen transport and storage technology developer, announced €13 million Series A financing led by Equinor Ventures, and joined by the European Innovation Council Fund, EDP Ventures and PLD Automobile.


French pharma Amolyt raises $138m Series C funding to advance its pipeline of therapeutics
Published: 13-01-2023 | 09:20:00 | By: Pie Kamau
Amolyt Pharma, a global company specialized in developing therapeutic peptides for rare endocrine and related diseases, announced the closing of €130 million Series C equity financing.


Parisian medical device startup Ganymed Robotics banks additional €15m through Series B extension
Published: 05-01-2023 | 13:24:00 | By: Pie Kamau
Ganymed Robotics, the developer of computer vision software and robotics technologies for orthopedic surgeons, announced it has extended its Series B with an additional close of €15 million.


Paris-based startup QuantCube raises Series B funding to support growth in economic nowcasting, harnessing AI and big data analytics
Published: 21-12-2022 | 08:49:00 | By: Pie Kamau
Real-time economic intelligence provider QuantCube Technology, announced it has secured funding led by Strategic Development Fund (SDF), the investment arm of UAE’s Tawazun Council.


eureKARE co-leads €5m seed investment in Biomemory which is advancing cutting-edge DNA-based data storage solutions
Published: 28-11-2022 | 10:13:00 | By: Pie Kamau
eureKARE, an innovative investment company for disruptive synthetic biology applications, announced it has co-led a €5 million seed funding round in Biomemory.


Paris-based sustainable deep tech startup FAIRMAT completes €34m Series A round
Published: 21-11-2022 | 09:12:00 | By: Pie Kamau
Fairmat, the Paris-based sustainable deep tech startup pioneering the recycling of advanced materials, announced it has completed its Series A funding round at a total of €34 million.


Paris-based startup Mytraffic raises €30m Series B to provide digital intelligence to brick-and-mortar operators
Published: 08-11-2022 | 15:01:00 | By: Pie Kamau
Paris, France-based startup Mytraffic, a SaaS offering detailed insights on any location in Europe, has raised €30 million Series B  funding round led by AXA Venture Partners.


French battery startup Verkor raises more than €250m financing for its innovation centre
Published: 07-11-2022 | 09:51:00 | By: Pie Kamau
French battery startup Verkor announced it has raised more than €250 million, for the inauguration of its R&D lab, an integral part of the Verkor Innovation Centre.


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.


Paris-based Aqemia raises €30m to scale its deep physics and AI enabled drug discovery pipeline
Published: 19-10-2022 | 11:50:00 | By: Pie Kamau
Paris-based Aqemia has raised €30 million in a Series A funding round led by Eurazeo and Bpifrance through its Large Venture fund, with the participation of Elaia its historic investor.


Paris-based cultivated meat startup Gourmey raises €48m Series A funding to accelerate growth
Published: 11-10-2022 | 14:04:00 | By: Pie Kamau
French cultivated meat startup Gourmey, that was part of the Big Idea Ventures program’s first cohort, has raised an oversubscribed €48 million Series A.


French startup Prophesee closes €50m C Series round to drive commercialization of revolutionary neuromorphic vision technology
Published: 26-09-2022 | 15:57:00 | By: Pie Kamau
Prophesee, the inventor of advanced neuromorphic vision systems, announced the completion of its Series C round of funding with the addition of a new investment from Prosperity7 ventures.


French AI and cloud media startup Newsbridge closes €7m funding round to develop U.S. presence
Published: 19-09-2022 | 12:35:00 | By: Pie Kamau
Newsbridge, the French AI & Cloud Media company has raised €7 million Series A funding round to continue its expansion to the U.S.A, and hire top AI and Media Engineering talent.


French biotech startup Tridek-One closes €16m to develop first-in-class immune checkpoint agonists
Published: 16-09-2022 | 12:07:00 | By: Pie Kamau
Tridek-One, a Paris-based biotech startup specialized in the research and development of CD31 agonists to restore the immune balance, announced it has closed a €16 million financing round led by the Swiss VC Pureos Bioventures.


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 manufacturer The Stihl Group enters Kenyan market
Published: 11-08-2022 | 12:00:00 | By: Bob Koigi
The subsidiary dubbed Stihl East Africa will be its Eastern Africa hub servicing countries that include Kenya, Uganda, Tanzania, DRC, Rwanda, and Burundi among others.


French insurtech startup Orus raises €5m to reinvent professional insurance for SMEs
Published: 20-07-2022 | 10:29:00 | By: Pie Kamau
Orus, the insurtech company for small businesses, announced it has raised €5 million from Frst, Partech, Portage Ventures and around twenty business angels.


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.


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.


Xerys injects additional $25m capital in French healthtech startup Biolog-id to boost global expansion
Published: 09-05-2022 | 11:06:00 | By: Pie Kamau
Xerys Invest, a private equity firm focused on health, life sciences, renewable energy and greentech, announces an additional investment of $25 million in Biolog-id, a provider of digital health solutions focused on the optimization of the value chain.


French AI startup Kryptview raises $650k in pre-seed to develop community-driven crypto research platform
Published: 25-04-2022 | 13:48:00 | By: Pie Kamau
Kryptview, a collective intelligence platform that provides peer-reviewed research for digital assets, announced the closure of its pre-seed round, raising $650,000 from crypto technology companies.


French in-game ad startup Gadsme raises $8m seed round to scale growth
Published: 08-04-2022 | 14:24:00 | By: Pie Kamau
Gadsme, the interactive adtech platform that offers high quality immersive brand experiences through in-game advertising, secured an $8 million seed investment just 11 months after launch.


French insect farming startup Ÿnsect acquires Nebraska-based Jord Producers to open first mealworm farm in the US
Published: 30-03-2022 | 11:43:00 | By: Pie Kamau
Jord Producers, based in Nebraska, has been incorporated into Ÿnsect’s production portfolio, signifying the global leader’s entry into North American mealworm production.


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.


French healthtech startup Synapse Medicine raises $28m to scale its medication reconciliation platform
Published: 01-03-2022 | 10:38:00 | By: Pie Kamau
France-based healthtech startup Synapse Medicine has raised $28 million led by leading European venture firm Korelya Capital, and past investors (XAnge, MACSF, and BNP Paribas Development).


French fintech startup Silvr raises €130m Series A to support growth of digital companies
Published: 08-02-2022 | 13:28:00 | By: Pie Kamau
French fintech startup Silvr announced a €130 million Series A funding round, to support the growth of digital companies. This fundraising comes at a key moment in development and positions Silvr as the European leader in Revenue Based Financing.


French high-tech startup PlanetWatch selects city of Miami to deploy air quality monitoring network
Published: 30-11-2021 | 12:26:00 | By: Pie Kamau
PlanetWatch, the world's first decentralized indoor and outdoor air quality monitoring network built on the Algorand blockchain, has selected the city of Miami to deploy a network of its sensors citywide.


French gaming startup Million Victories raises $3 million funding to diversify its portfolio
Published: 18-11-2021 | 19:33:25 | By: Bob Koigi
Million Victories will use this funding to increase the studio’s headcount, scale it’s already quickly growing userbase, and develop new core mobile games to diversify its portfolio.


Subscription Management startup Chargebee partners with Worldline to improve customer engagement and retention
Published: 20-10-2021 | 15:28:51 | By: Pie Kamau
Worldline and Chargebee announced collaboration to provide an end-to-end payment, subscription and revenue operations solution for merchants operating in a subscription model.


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


French real-time engagement startup Sparkup expands in the Middle East
Published: 07-10-2021 | 12:59:47 | By: Pie Kamau
Sparkup, a French startup specializing in real-time engagement solutions, has chosen to expand in the Middle East and will introduce its latest innovations at GITEX and CABSAT in Dubai.


Fantasy football startup Sorare raises $680m Series B to create next sports entertainment giant leveraging NFTs
Published: 21-09-2021 | 08:59:00 | By: Pie Kamau
Sorare, the fantasy football platform, announced it has raised $680 million in Series B financing led by Softbank, with participation from Atomico, Bessemer Ventures, D1 Capital, Eurazeo, IVP and Liontree.


Lectra joins Plug and Play open innovation ecosystem
Published: 14-09-2021 | 16:12:27 | By: Pie Kamau
Major global player in the 4.0 Industry for the fashion, automotive, and furniture market, Lectra is joining the Brand & Retail program of the Plug and Play network, the world's leading innovation platform connecting startups, investors, and pioneering companies.


FDJ announces partnership with Plug and Play Brand & Retail France
Published: 12-07-2021 | 15:29:00 | By: Pie Kamau
FDJ announced the beginning of a partnership with Plug and Play, world's open innovation platform.


UNIQORN inks investment and incubation agreement with digital music startup EarthTones Media
Published: 19-02-2021 | 11:49:16 | By: Pie Kamau
France's rural incubator-accelerator, UNIQORN, announced it has finalized an agreement with EarthTones Media, an American technology startup in the digital music space.


Founders Future raises additional €50m to accelerate its Tech for Good investments
Published: 15-02-2021 | 14:40:00 | By: Pie Kamau
Founders Future, a venture studio involved in Seed and Series A, announced its new investment capital. With the objective of a new €50 million vehicle by the end of 2021, Founders Future has already raised 40% of the total amount.


[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.


Datawords, French startup FACIL'iti join forces to promote digital inclusion
Published: 03-12-2020 | 15:16:00 | By: Pie Kamau
The Datawords Group, a global leader in multicultural technologies, announced the launch of a partnership with FACIL'iti, a French startup offering digital inclusion solution capable of adapting the display of a website to the needs of each internet user.


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.


French baby food startup Yooji raises €7.5 million funding to boost operations
Published: 30-09-2020 | 15:59:39 | By: Bob Koigi
French-based baby-food company Yooji has secured €7.5 million funding to make highly nutritional and sustainable baby food easily accessible to parents.


Robotics solution startup Exotec raises $90m for international expansion of its warehouse automation technology
Published: 29-09-2020 | 12:55:00 | By: Pie Kamau
Exotec, a robotics solution for logistics and creator of the Skypod 3D warehouse robots, announced a $90 million financing round.


France AI startup reciTAL raises €3.5 million to bolster its Document Intelligence solutions
Published: 10-09-2020 | 13:12:23 | By: Bob Koigi
reciTAL, a Paris-based AI start-up specializing in Document Intelligence solutions, is raising € 3.5 million for the first time with the Breega investment fund.


Paris-based startup Klassroom raises $3m to expand from France to other countries including the U.S.
Published: 01-09-2020 | 17:00:00 | By: Pie Kamau
Klassroom, the Paris-based company that reinvents parent-teacher communication in pre-kindergarten and all elementary school grades, raised a $3 million seed round led by Bpifrance.


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


UK startup Quantexa raises $64.7m to drive hyper-growth in big data and analytics ecosystem
Published: 31-07-2020 | 12:26:00 | By: Pie Kamau
Quantexa, the contextual decision intelligence software company, announced that it has raised $64.7 million in Series C funding led by Evolution Equity Partners, with major participation from existing investors.


French startup AB Tasty raises $40m to lead in experience optimization, feature management markets
Published: 31-07-2020 | 12:08:00 | By: Pie Kamau
French startup AB Tasty announced a Series C round of funding to revolutionize how companies deliver the best brand and product experiences.


Swiss cleantech stratup Insolight closes Series A financing with €4.6 million
Published: 30-07-2020 | 16:45:00 | By: Pie Kamau
Swiss cleantech stratup Insolight announced that a Series A Round of €4.6 million has successfully been closed led by Investiere, with co-investors Zürcher Kantonalbank, Swiss Immo Lab and a number of private business angels.


Italian startup TIM, United Ventures launch €150m capital fund to support investments in mature innovative enterprises
Published: 30-07-2020 | 16:22:00 | By: Pie Kamau
Italian startup TIM signed an agreement with United Ventures to launch UV T- Growth fund that will support investments in mature innovative enterprises and SMEs in order to develop technological projects in Italy and abroad.


Seattle based startup Polyarc raises $9 million for augmented reality development
Published: 29-07-2020 | 13:08:00 | By: Pie Kamau
Seattle based startup Polyarc announced the close of its $9 million Series B fund raise led by Hiro Capital, followed by Vulcan Capital, an existing investor, and Galaxy Interactive via its Galaxy EOS VC Fund.


EHF Marketing GmbH, Monaco startup IQONIQ partner to drive fan engagement in European club handball competitions
Published: 29-07-2020 | 12:45:00 | By: Pie Kamau
EHF Marketing GmbH, the marketing subsidiary of the European Handball Federation, announced its partnership with IQONIQ, an innovative new fan engagement platform made for sports and entertainment.


Monaco headquartered startup IQONIQ secures €100m for global expansion
Published: 29-07-2020 | 12:21:00 | By: Pie Kamau
IQONIQ, a new fan engagement platform exclusively targeting the world of sports and entertainment, announced it has entered into a €100 million capital funding agreement with the Luxembourg based investment corporation Lux Media Investments.


Swiss startup Advertima raises €15m Series A funding to make smart retail spaces a reality
Published: 29-07-2020 | 11:53:00 | By: Pie Kamau
Advertima, an emerging computer vision platform provider, announced the close of a €15 million Series A investment round led by existing shareholder Swiss real estate company, Fortimo Group.


Kenyan agritech startup Lentera, MCFI ink deal to provide satellite based crop analysis for Mauritian farmers
Published: 29-07-2020 | 11:15:00 | By: Pie Kamau
The Mauritius Chemical and Fertilizer Industry (MCFI), and Lentera Africa have signed a partnership that will see Lentera provide satellite-based crop health analysis and crop modelling services for Mauritian customers of MCFI.


SAP.iO Fund invests in San Francisco based reference checking startup Crosschq
Published: 28-07-2020 | 14:08:25 | By: Pie Kamau
SAP SE investment arm, SAP.iO Fund, has backed Crosschq, a San Francisco based company that provides a platform for creating and sharing candidate references.


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


African AI startup Superfluid Labs receives investment from ShEquity
Published: 28-07-2020 | 13:17:00 | By: Pie Kamau
GreenTec Capital announces that Superfluid Labs was selected as the first investment for the newly launched ShEquity investment vehicle which focuses on providing smart and sustainable investments for African female entrepreneurs.


Xavier Chapel joins GreenTec as Head of Venture Building
Published: 28-07-2020 | 12:54:00 | By: Pie Kamau
GreenTec Capital announces that Xavier Chapel has joined the team in the role of Head of Venture Building, to leverage his extensive international and entrepreneurial experience in selecting startups that best fit GreenTec investment criteria.


French startup iObeya raises $17m to revolutionize visual management, expand its U.S. footprint
Published: 24-07-2020 | 16:06:00 | By: Pie Kamau
iObeya, a leading provider of Enterprise Visual Management software, announced it has raised $17 million in a second round of funding from Red River West with participation from Atlantic Bridge Capital and Fortino Capital Partners.


London based health tech startup Closed Loop Medicine secures £250,000 Innovate UK continuity funding
Published: 24-07-2020 | 15:46:00 | By: Pie Kamau
Closed Loop Medicine (CLM), London based therapeutics and health tech company has secured a £250,000 COVID-19 Innovate UK Continuity Funding award to support its ongoing clinical research programme.


Go Ignite partners seek 5G use cases in global call for startups
Published: 24-07-2020 | 12:39:00 | By: Pie Kamau
Following the success of its previous global calls for startups, Go Ignite, an alliance of four leading global telcos, has launched Go Ignite: 5G Open Call for Startups to engage startups or venture capital-backed companies.


Spanish medtech startup QUIBIM closes €8 million investment round
Published: 22-07-2020 | 14:43:00 | By: Pie Kamau
Spanish Medtech startup QUIBIM has closed €8 million new financing in a seed funding round co-led by Amadeus Capital Partners and Adara Ventures.


Moroccan learning startup KoolSkools raises $417,000 for local, international expansion
Published: 22-07-2020 | 13:59:00 | By: Pie Kamau
Moroccan learning platform KoolSkools has raised $417,000 from Maroc Numeric Fund II an unnamed business angel.The investment will be used to finance the development of KoolSkools both in Morocco and internationally.


Moroccan fintech startup OnePay announces $417,000 investment from Maroc Numeric Fund II
Published: 22-07-2020 | 13:13:00 | By: Pie Kamau
OnePay, a Moroccan fintech startup that operates as a distributor of means of payment and aggregator of payment and value-added services in electronic transactions announced a $417,000 investment from Maroc Numeric Fund II.


[Startup Interview] Vimbai Malandu, Co-Founder, YuPlan Limited, Zimbabwe
Published: 21-07-2020 | 18:20:00 | By: Bob Koigi
YuPlan Limited is a Zimbabwe digital startup that allows customers to book a venue from anywhere in the world. The platform holds a selection of venues from office spaces, residential plots, gardens, school halls and sports fields among others.


Cornish startup Codices raises $800,000 seed round
Published: 21-07-2020 | 16:25:00 | By: Pie Kamau
Codices Interactive, a Cornish startup from the Falmouth Launchpad Incubator has closed its $800,000 seed round of funding led by the Cornwall and Isles of Scilly Investment Fund (CIOSIF) and Haatch Ventures.


Futuregrowth invests in South African online services disruptor startup SweepSouth
Published: 21-07-2020 | 15:51:00 | By: Pie Kamau
Futuregrowth has invested in SweepSouth, a disruptive online platform for booking, managing and paying for home cleaning, and now a variety of other services.


Kenyan startup PayGo Energy announces strategic investment from Saisan
Published: 21-07-2020 | 15:25:00 | By: Pie Kamau
PayGo Energy, an Energy Access Ventures portfolio company, has secured a strategic investment from Saisan, a leading Japanese energy company.


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.


Belfast health tech firm Neurovalens picked for UK startup scheme
Published: 20-07-2020 | 16:36:00 | By: Pie Kamau
Neurovalens, the Belfast tech company behind a headset developed to treat neurological health issues has been chosen for a major UK-wide programme.


Dutch startup Cevinio raises €4.5m to accelerate international growth
Published: 20-07-2020 | 16:18:00 | By: Pie Kamau
Cevinio, a fast-growing Accounts Payable software company from Rotterdam has raised €4.5 million from Endeit Capital and CNBB Venture Partners.


Dutch online startup, scale-up community funds international research into COVID-19
Published: 20-07-2020 | 15:56:00 | By: Pie Kamau
Eighteen entrepreneurs from the Dutch online startup and scale-up community are joining forces to finance an international study by Erasmus MC into the clinical picture of COVID-19.


South African animation and gaming startup Sea Monster secures $1m funding
Published: 17-07-2020 | 15:22:00 | By: Pie Kamau
Animation, gaming and AR/VR company Sea Monster announced the conclusion of a $1m investment from FirstRand’s Vumela Fund.


Pan-European micro-mobility startup Voi achieves profitability in June, secures $30m funding
Published: 16-07-2020 | 13:17:00 | By: Pie Kamau
Voi Technology, the pan-European micro-mobility leader announced it has reached its first-ever monthly profit at group level for the month of June, less than two years since it launched the e-scooter service which now operates across 40 cities.


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.


London based startup TOffeeAM raises £1m in Seed funding to expand its innovative team
Published: 16-07-2020 | 12:36:00 | By: Pie Kamau
TOffeeAM, an Imperial College spin-out that optimizes product designs for Additive Manufacturing (AM), also known as 3D printing, has raised £1 million in seed funding.


[Startup Interview] Sanyogita Patil, CEO, Ahlan Emirate, United Arab Emirates
Published: 16-07-2020 | 09:46:25 | By: Bob Koigi
As small businesses struggle with visibility and constrained marketing budgets, Ahlan Emirate, a startup based in United Arab Emirates has introduced a unique marketing offering that includes free SEO, increased web presence and connecting these businesses to prospective customers through its digital directory.


CDC backs Helios Investment with $100m commitment
Published: 15-07-2020 | 14:40:00 | By: Pie Kamau
CDC Group, UK’s development finance institution and leading impact investor, has committed $100 million to Helios Investors IV, the fourth private equity fund raised by Helios Investment Partners, a leading Africa-focused private equity firm.


IFC helps boost clean tech startups in Egypt, enables farmers switch to solar
Published: 15-07-2020 | 12:41:00 | By: Pie Kamau
IFC is joining forces with the National Bank of Egypt and MSMEDA to strengthen the clean technology entrepreneurship sector and boost Egyptian farmers’ access to finance for solar irrigation.


[Startup Interview] Anton Herbst, CEO, Vincula Holdings, South Africa
Published: 14-07-2020 | 17:00:00 | By: Bob Koigi
Vincula Holdings, domiciled in Johannesburg South Africa, is a startup connecting employers, project sponsors, contractors, subcontractors and suppliers through a platform that also seeks to provide participants with worldwide and focused exposure to grow their market share.


Dutch startup Open Social raises €1.25m for service expansion
Published: 14-07-2020 | 13:23:00 | By: Pie Kamau
Amsterdam-based B2B SaaS platform for building online communities Open Social has raised €1.25 million investment from Peak Capital and Nimbus Ventures.


AWIEF launches Enterprise Development for Women-Owned Ventures in Green Energy Startup Incubator
Published: 14-07-2020 | 08:36:00 | By: Pie Kamau
The Africa Women Innovation and Entrepreneurship Forum (AWIEF) has launched “Enterprise Development for Women-Owned Ventures in Green Energy” and announces the call for applications for Startup Incubator in Malawi and Nigeria.


UK property startups Goodlord and Vouch come together to create new market leader
Published: 13-07-2020 | 14:53:09 | By: Pie Kamau
Property technology company Goodlord will be joining forces with referencing platform Vouch, bringing the fast-growing Vouch business into the Goodlord group.


British Business Investments announces €120m commitment to LGT Capital Partners funds
Published: 13-07-2020 | 14:32:00 | By: Pie Kamau
British Business Investments, a commercial subsidiary of the British Business Bank, announced the third commitment through its £500m Managed Funds Programme.


Eir Ventures announces first close of €76m fund to leverage untapped potential of health care innovation
Published: 13-07-2020 | 14:05:00 | By: Pie Kamau
Eir Ventures, a Nordic Life Science Venture Fund, announced a first close of its new fund of €76 million to leverage untapped potential of health care innovation.


Wazoku acquires US open innovation leader InnoCentive, raises additional £1.25m to support global growth
Published: 10-07-2020 | 15:46:00 | By: Pie Kamau
Wazoku, idea management software and services firm has announced a new funding round of £1.25M, led by Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) specialist.


The Digital Africa seed fund off to a promising start, offers customized support for African startups
Published: 10-07-2020 | 12:46:00 | By: Pie Kamau
The Digital Africa seed fund for innovative entrepreneurship in Africa is off to a promising start. Just six months on from its launch, already, one third of the €15 million for technical and financial assistance has already begun to flow.


Mali renewable energy startup SolarX closes Series A round led by Energy Access Ventures
Published: 10-07-2020 | 11:09:00 | By: Pie Kamau
Mali-based solar company SolarX announced the close of its Series A round led by Energy Access Ventures, an early-stage fund investing in and supporting decentralized energy companies across sub-Saharan Africa.


U.S. electric-vehicle startup Fisker completes $50m private financing to launch its Ocean all-electric luxury SUV in 2022
Published: 09-07-2020 | 15:04:00 | By: Pie Kamau
Fisker, designer and manufacturer of the world’s most emotionstirring, eco-friendly electric vehicles and advanced mobility solutions announced the successful completion of a $50 million Series C financing round.


Enygma Ventures invests $1m in Zambian fintech startup Lupiya
Published: 09-07-2020 | 14:17:00 | By: Pie Kamau
Enygma Ventures has made a $1 million investment in Zambian based micro finance startup, Lupiya. This investment, will enable Lupiya to continue to scale and roll out its services.


UK startup NumberEight raises $2.3m seed round from Nauta Capital to predict consumer behaviour
Published: 08-07-2020 | 15:21:00 | By: Pie Kamau
NumberEight, a contextual intelligence platform for mobile devices that predicts consumer context to deliver the right content at the right time, has closed a $2.3 million seed round led by Nauta Capital.


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.


[Startup Interview] Ian Sendagala, CEO, eFoods Trade, Uganda
Published: 08-07-2020 | 14:23:00 | By: Bob Koigi
eFoods Trade is an African online B2B marketplace connecting African foods to the global markets. The platform targets food importers, exporters, distributors, and manufacturers. Ian Sendagala the CEO explains.


[Startup Interview] Sam Bediako-Asante, Founder, Sambed Consult, Ghana
Published: 08-07-2020 | 14:20:00 | By: Bob Koigi
Sambed Consult in Ghana offers management consultancy services targeting MSMES with a view to helping them improve their management and organizational performance. Sam Bediako-Asante, the startup’s founder elaborates.


Nigeria's FCMB, Passion Incubator partner to launch FCMB Agritech Epic Pitch 2020
Published: 07-07-2020 | 16:27:00 | By: Pie Kamau
Nigeria's First City Monument Bank (FCMB) has partnered with Passion Incubator, a Lagos-based early-stage incubator and accelerator that has invested in some Agritech startups, to launch the virtual edition of the FCMB Agritech Epic Pitch 2020.


GreenTec Capital invests in Nigerian wholesale e-commerce startup Pricepally
Published: 07-07-2020 | 15:34:25 | By: Pie Kamau
GreenTec Capital Partners announced its investment in Pricepally, an innovative digital Nigerian wholesale platform allowing users to purchase food and other products either individually or as a part of a group.


French startup Koala closes €1.6m seed round led by Insurtech Gateway
Published: 07-07-2020 | 15:13:00 | By: Pie Kamau
Paris based insurtech Koala announced an investment of €1.6 million led by London based incubator and fund Insurtech Gateway alongside Playfair Capital, Techstars Ventures and private investors.


ETF leads €7 million investment in Finnish startup Basemark
Published: 07-07-2020 | 14:30:00 | By: Pie Kamau
Basemark, a leading software company specialising in graphics and autonomous driving vehicle software, has successfully concluded a €7 million equity funding round by ETF Partners.


[Startup Interview] Rajat Dayal, CEO, Yabx, India
Published: 07-07-2020 | 11:57:00 | By: Bob Koigi
Yabx targets the unbanked population in the emerging markets of Africa, Asia, and Latin America by leveraging the digital footprints of an individual and providing tailor-made financial services. The startup’s founder and CEO Rajat Dayal explains.


British biotech startup Freeline closes $120m Series C financing round
Published: 06-07-2020 | 15:44:00 | By: Pie Kamau
Freeline, a biotechnology company focused on developing curative gene therapies for chronic systemic diseases announced the closing of a $120 million extended Series C financing.


Ingressive Capital grows African tech fund to $10 million
Published: 04-07-2020 | 13:54:00 | By: Pie Kamau
Ingressive Capital has doubled its investment vehicle to back high-growth, tech-enabled startups across Africa, and now operates a $10 million fund.


New York fintech startup CMG raises $25m to digitally connect equity capital markets participants
Published: 04-07-2020 | 13:27:00 | By: Pie Kamau
Capital Markets Gateway (CMG), a New York based financial technology firm modernizing the equity capital markets (ECM) announced it received a strategic investment of $25 million from several financial firms.


U.S. based startup Andela to double engineering talent pool with Pan-African expansion
Published: 04-07-2020 | 12:45:00 | By: Pie Kamau
Andela, the global talent network that helps companies build remote engineering teams, will now accept engineers from all African countries, expanding its presence from six countries to the entire continent.


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.


French startup Unlatch raises $5.8m funding round by AXA Venture Partners
Published: 03-07-2020 | 11:55:00 | By: Pie Kamau
Unlatch, a French pioneer in digital real estate sales, announced a $5.8 million financing round, including $4.5 million in equity from AXA Venture Partners and $1.3 million in debt.


Belgium startup e-peas raises further €8 million in VC for long term growth
Published: 03-07-2020 | 11:07:00 | By: Pie Kamau
Award-winning Belgium start-up e-peas has raised an additional €8 million worth of investment led by Partech and Airbus Ventures, with KBC Focus Fund, W.IN.G, Noshaq Ventures, LeanSquare, Nivelinvest and Vives also contributing.


Estonian startup Veriff closes $15.5 million financing round for global expansion
Published: 03-07-2020 | 10:20:00 | By: Pie Kamau
Estonian identity verification startup Veriff closed a financing round of $15.5 million to ramp up global growth and sales to enterprise customers prior to a larger B-series financing round planned in the future.


MFS Africa acquires East Africa fintech startup Beyonic
Published: 03-07-2020 | 09:48:00 | By: Pie Kamau
East Africa fintech startup Beyonic announced that the company has been acquired by MFS Africa. MFS Africa operates Africa’s largest digital payments hub, connecting more than 200 million mobile wallets on the continent.


Nigerian fintech startup Wallets Africa raises undisclosed amount for African expansion
Published: 01-07-2020 | 15:54:00 | By: Pie Kamau
Nigerian fintech startup Wallets Africa has raised an undisclosed amount of funding to expand its operations and continue its quest to become Africa’s foremost borderless digital payments platform.


E-mobility startup Bolt launches electric bikes in Paris
Published: 01-07-2020 | 15:19:00 | By: Pie Kamau
E-mobility startup Bolt has announced the introduction of four and two-wheeled vehicles for Parisian urban commuters, who will now have the opportunity to get from A to B on a Bolt electric bike.


French based startup ubble raises €10 million, partners with Bpifrance
Published: 25-06-2020 | 16:11:00 | By: Pie Kamau
ID verification startup ubble successfully raised funds from Partech and Breega to complete its seed round, bringing its total financing to more than €10 million.


Memo Bank becomes first independent bank launched in France, closes $23 million funding round
Published: 24-06-2020 | 14:07:00 | By: Pie Kamau
French startup Memo Bank has become the first independent bank to emerge in France in half a century and it aims to support the growth and digital transformation of French and European small and medium-sized enterprises.


France startup Vizcab secures €1.6 million to advance low-carbon construction technologies
Published: 16-06-2020 | 11:08:18 | By: Bob Koigi
, France construction tech startup Vizcab has completed a first round of financing that also includes the Unibail-Rodamco-Westfield group.


French startup Monk raises $2.4m Seed round to develop AI-based inspection technology
Published: 11-06-2020 | 15:23:00 | By: Pie Kamau
French startup Monk, an Artificial Intelligence focused on car damage detection announced a $2.4 million fundraising Seed round led by Iris Capital, alongside Plug and Play and key business angels.


French healthtech startup Ambler raises €6 million to accelerate digitalization of medical transport
Published: 09-06-2020 | 12:39:00 | By: Pie Kamau
18 months after its first fundraising, Ambler has completed a € 6 million round of financing with Bpifrance via the Digital Venture pole, Idinvest Partners, Partech and Kima Ventures to accelerate the development of its platform for connecting carriers sanitary and health establishments.


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.


French HR solution startup Neobrain raises €3m to support employees in professional transformation
Published: 01-06-2020 | 16:45:00 | By: Pie Kamau
French HR solution startup Neobrain has together with Breega, raised €3 million to support employees in professional transformation in a rapidly changing world.


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.


BlaBlaCar partners with Voi Technology to offer e-scooters in France
Published: 26-05-2020 | 14:58:00 | By: Bob Koigi
Carpooling platform BlaBlaCar has chosen to extend its offer and partner with Swedish electric scooters company Voi Technology to offer BlaBla Ride Scooters.


French fintech startup Agicap raises €15 million to bolster operations
Published: 19-05-2020 | 12:51:36 | By: Bob Koigi
Agicap, a French-based startup building a SaaS platform for SMBs to manage and forecast their cash flows, has raised €15 million in a round led by Partech.


France startup Libeo raises €4 million to digitize invoicing for SMEs
Published: 01-05-2020 | 15:02:19 | By: Bob Koigi
Libeo, France Fintech startup that simplifies the management and payment of supplier invoices for VSEs-SMEs, has announced a new round of funding of €4 million.


France startup TOOPI Organics raises over 1 million euros to transform urine into biofertilizer
Published: 23-04-2020 | 12:34:00 | By: Bob Koigi
TOOPI Organics, a French startup specialized in the valuation of human urine for agriculture has raised over one million euros as part of its first capital round.