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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3959124 | Tags:

















Indian agritech startup Fasal raises $12 million funding to grow its precision farming solution
Published: 12-01-2024 | 12:27:00 | By: Bob Koigi
Fasal's solution has already proven to improve crop yield and reduce operational costs at an affordable price to the individual farmer.










Mudrex launches Saber.Money to offer onramp and offramp services in India
Published: 19-10-2023 | 13:09:00 | By: Pie Kamau
Mudrex announced the launch of Saber.Money to offer services to B2B clients.


Aampe secures $7.5m to accelerate AI-driven customer engagement
Published: 09-10-2023 | 10:03:00 | By: Pie Kamau
Aampe the AI-native user engagement platform, announced a $7.5m pre-series A funding round.


Applied Ventures selects seven deeptech startups to transform disruptive possibilities into reality
Published: 02-10-2023 | 14:53:00 | By: Pie Kamau
Applied Ventures selected seven deeptech startups during its fourth cohort program.


CENTA platform crosses 1m, becomes world's largest community of teachers
Published: 02-10-2023 | 12:47:00 | By: Pie Kamau
Centre for Teacher Accreditation recently launched its enhanced native app, CENTA.


Unitus Ventures, Capria Ventures unite to create Global South VC powerhouse
Published: 25-09-2023 | 14:19:00 | By: Pie Kamau
Unitus Ventures announced it is joining forces with its US affiliate Capria Ventures.


Anita Rehman joins deep tech venture firm Celesta Capital as Partner
Published: 14-09-2023 | 12:17:15 | By: Pie Kamau
Celesta Capital has appointed Anita Rehman as Partner.


Indian healthtech startup Bonatra launches Wearable Smart Rings for wellness
Published: 12-09-2023 | 11:13:00 | By: Pie Kamau
Healthtech startup Bonatra has launched Wearable Smart Rings.


Taurean Surgical secures funding to democratize robotic surgery in emerging markets
Published: 07-09-2023 | 15:11:00 | By: Pie Kamau
Taurean Surgical has announced a significant pre-seed funding round.


Upskilling startup AlmaBetter partners with Woolf to deliver accredited degrees to online learners
Published: 01-08-2023 | 13:41:00 | By: Pie Kamau
AlmaBetter has partnered with Woolf.


SatSure partners with Rabo Partnerships to revolutionize cash flow-based lending for smallholder farmers
Published: 28-07-2023 | 09:32:00 | By: Pie Kamau
SatSure announced partnership with Rabo.


Yodaplus accelerates Indian startup boom with groundbreaking tech enablement
Published: 05-07-2023 | 16:19:00 | By: Pie Kamau
India is fast emerging as the Silicon Valley of Asia with its booming startup ecosystem.


GCPL to invest $12m in early-stage Indian consumer startups
Published: 12-04-2023 | 13:41:00 | By: Pie Kamau
Godrej Consumer Products Limited (GCPL), announced that it will be investing INR 100 Crore ($12 million) in Early Spring, a new INR 300 Crore early-stage consumer fund being set up by Spring Marketing Capital (Spring).


Indian Web3 startup NoCap Meta raises $243K to accelerate growth in metaverse, digital tech
Published: 23-03-2023 | 12:59:00 | By: Pie Kamau
NoCap Meta, a Mumbai-based Web3 startup that provides a wide range of services including blockchain based systems, metaverse development, and asset backed tokens, has raised approximately $243K to enhance its growth.


[Interview] Gharjyot Singh, CEO, Cerebrum Infotech, India
Published: 22-03-2023 | 12:59:00 | By: Pie Kamau
Gharjyot Singh is the CEO of Cerebrum Infotech, a software and web development company based in India.


SPJIMR launches innovative accelerator programme for startups in finance industry
Published: 22-03-2023 | 12:23:00 | By: Pie Kamau
The Centre for Financial Innovation (CFI) at Bharatiya Vidya Bhavan's S.P.Jain Institute of Management & Research has announced the launch of 'SPJIMR FinNovate Accelerator' in partnership with Mumbai Angels.


Al-Abdullah Group invests $50m in Indian EV startup Kabira Mobility to accelerate growth
Published: 21-03-2023 | 11:42:00 | By: Pie Kamau
Kabira Mobility, a prominent electric bike manufacturer in India renowned for its KM3000 and KM4000 models, announced it has secured a $50 million investment from its strategic investor, Al-Abdulla Group (Qatar).


Mumbai-based HRtech startup ZingHR invests in SaaS startup LokiBots to expand its AI-based products and services
Published: 21-03-2023 | 11:00:00 | By: Pie Kamau
HRtech startup ZingHR has made a strategic investment in Silicon Valley-based SaaS startup LokiBots. The investment will help ZingHR leverage its AI-based software bots.


Indian SaaS startup Mintoak raises $20m Series A funding round to grow its product portfolio
Published: 23-02-2023 | 14:03:00 | By: Pie Kamau
Mintoak, an India-based software-as-a-service (SaaS) platform focused on merchant services, has raised $20 million in Series A funding round led by PayPal Ventures.


Aerospace startup Space Kidz India launches satellite with support from Lumina Datamatics
Published: 05-01-2023 | 11:55:00 | By: Pie Kamau
Lumina Datamatics has partnered with Space Kidz India to launch a satellite into outer space. Launched in 2012, Space Kidz India is an aerospace startup designing, developing, and manufacturing small satellites to provide economical and sustainable access.


Indian AI-based asset and plant performance startup UptimeAI raises $3.5m funding to expand in the U.S.
Published: 19-12-2022 | 08:44:00 | By: Pie Kamau
UptimeAI, an AI-based digital transformation solution provider for the energy, chemicals, and heavy industries, has raised a total of $3.5 million funding led by Emergent Ventures.


[Startup Interview] Rupinder Pal Singh, CEO, Seasia Infotech, India
Published: 20-10-2022 | 10:31:21 | By: Bob Koigi
Seasia Infotech is an Indian-based company that offers digital solutions to businesses worldwide that help brands leverage design, development processes and software technologies with personalized customer experiences.


India’s AI-enabled network intelligence startup Aprecomm signs a deal to go global
Published: 03-10-2022 | 10:08:00 | By: Bob Koigi
Aprecomm, India’s network intelligence company, has announced its partnership with Singapore-based Technology Distribution Specialists (TDS) for distribution of its Network Intelligence technology.


[Startup Interview] Yashu Kapila, Founder, BugRaptors, India
Published: 23-09-2022 | 14:13:00 | By: Bob Koigi
The startup provides a highly diversified range of services varying from standard testing services, specialized testing services, to test advisory services. 


India's fruits and vegetables platform Sahyadri Farms raises €40m growth capital to support smallholder farmers
Published: 19-09-2022 | 09:19:00 | By: Pie Kamau
India's integrated platform for fruits and vegetables Sahyadri Farms has raised  €40 million growth capital from a group of impact-focused investors; Incofin, Korys, FMO and Proparco.


Growing need to support recycling even more today
Published: 30-08-2022 | 09:00:00 | By: Bob Koigi
The world is now growing at an even faster rate than it was a decade ago. This rapid growth has not only brought new technology to the world but also a fair square of equal responsibility that needs to be addressed along.


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.


Indian no-code mobile startup Plobal raises $8.5m to expand presence in North America
Published: 20-06-2022 | 11:26:00 | By: Pie Kamau
Plobal Apps, a no-code mobile app platform for e-commerce stores, raised $8.5 million, led by Elevation Capital and Bessemer Venture Partners.


BCG Digital Ventures launches new innovation centers in India and Morocco
Published: 14-06-2022 | 13:15:00 | By: Pie Kamau
BCG Digital Ventures (BCGDV), the corporate innovation and business-building arm of Boston Consulting Group (BCG), is opening innovation centers in New Delhi, Mumbai and Casablanca, Morocco.


Indian data insights startup Synaptic raises $20m Series B funding to accelerate growth
Published: 01-06-2022 | 10:27:00 | By: Pie Kamau
Synaptic, an alternative data insights startup, announced the successful closure of $20 million in Series B funding round led by Valor Equity Partne


A5G Networks startup announces funding from Bharat Innovation Fund to accelerate growth
Published: 24-05-2022 | 16:07:00 | By: Pie Kamau
A5G Networks, a player in Distributed and Autonomous 5G Core Network Software for private and public networks, announced an investment by Bharat Innovation Fund, a deeptech focused venture capital fund in India.


[Startup Interview] Venkatesh C.R., CEO, Dot Com Infoway, India
Published: 28-01-2022 | 13:43:00 | By: Bob Koigi
Dot Com Infoway (DCI) is a CMMI Level 3 multi-national IT company and a player in custom software development, Web Development, Internet Marketing, Open Source Solutions, mobile application marketing with offices in India and the USA.


Indian mobility tech startup EVage raises $28m to enhance Commercial EV revolution
Published: 17-01-2022 | 11:12:00 | By: Pie Kamau
US-based venture capital firm RedBlue Capital has invested $28 million in EVage, the all-electric commercial vehicle OEM in India supplying EV trucks to major delivery fleets such as Amazon India's Delivery Service Partner.


SaaS management startup Zluri raises $10m Series A funding round to accelerate growth
Published: 11-01-2022 | 10:41:00 | By: Pie Kamau
SaaS Management Platform Zluri has raised $10 million in a Series A round of funding led by MassMutual Ventures with participation from existing investors, Endiya Partners and Kalaari Capital.


Bessemer Venture partners raise $220 million to back founders in India
Published: 03-12-2021 | 15:46:28 | By: Bob Koigi
Bessemer Venture Partners has announced the close of a dedicated $220 million fund in India to build on its long-standing success in the country and back the next generation of innovators in India.


Indian full-stack agritech startup DeHaat raises $115m Series D round
Published: 03-11-2021 | 12:18:00 | By: Pie Kamau
DeHaat, the technology-based platform offering end-to-end agricultural services to farmers in India, announced it has raised $115 million in Series D funding, led by Belgium based investment firm Sofina and Lightrock India.


Indian e-Commerce startup LoveLocal raises $18m Pre-Series B investment round to accelerate growth
Published: 29-10-2021 | 16:33:00 | By: Pie Kamau
LoveLocal, India's hyper-local e-Commerce platform empowering local retailers, has raised $18 million in a Pre-Series B investment round.


Indian education infrastructure startup Teachmint raises $78m Series B round to accelerate growth
Published: 26-10-2021 | 07:48:00 | By: Pie Kamau
Teachmint, the education infrastructure startup and the creator of India's largest teaching platform, raised $78 million in Series B round led by Rocketship.vc and Vulcan Capital.


SaaS startup ProfitWheel secures $3m investment
Published: 22-10-2021 | 14:00:00 | By: Pie Kamau
Following close on the heels of its US operations launch in September 2021, SaaS startup ProfitWheel announced securing a total capital raise of $3 million.


Indian edtech startup ConveGenius raises $5m pre Series A funding to accelerate growth
Published: 19-10-2021 | 09:04:00 | By: Pie Kamau
Indian edtech startup ConveGenius AI has raised $5 million in Venture Capital funding to grow its conversational AI platform in India and South-East Asian markets.


India car search startup CarDekho joins unicorn club after $250 million fundraise
Published: 13-10-2021 | 14:08:06 | By: Bob Koigi
It is the largest ever fundraise by CarDekho and the proceeds will be used to accelerate CarDekho’s growth in the Used Car transactions, Financial services and insurance businesses.


Start-Up Nation Central signs MoU with TiE to boost technological innovation of Israeli and Indian startups
Published: 07-10-2021 | 11:40:00 | By: Pie Kamau
Israeli not-for-profit Start-Up Nation Central signed a Memorandum of Understanding with TiE to achieve full implementation of sustainable Israeli and Indian technologies in the foodtech sector.


Catalyst Fund announces Circle of Corporate Innovators to accelerate startup-corporate partnerships
Published: 29-06-2021 | 13:23:16 | By: Pie Kamau
Global inclusive tech accelerator Catalyst Fund, managed by BFA Global, today formally announced its Circle of Corporate Innovators, with its first members, Fidelity Bank, Ecobank, Sterling Bank, Access Bank and the VFD Group.


Indian fintech startup Avanti raises $26m in Series A funding round to further invest in its digital tech platform
Published: 13-04-2021 | 11:15:00 | By: Pie Kamau
Indian fintech company Avanti Finance (Avanti) secured $26 million in debt and equity from Oikocredit, Bill and Melinda Gates Foundation, Nomura and the family office of Pratul Shroff.


Edtech startup Quizizz raises $12.5m in Series A to empower teachers around the world
Published: 09-03-2021 | 13:51:00 | By: Pie Kamau
Quizizz, an edtech startup with a presence in India and the U.S., announced a $12.5 million Series A funding round led by Eight Roads Ventures with participation from GSV Ventures, Rocketship VC and existing investors Nexus Venture Partners.


Tech startup Mokusei offers 100% funding aid for individuals to cover their education and travel expenses
Published: 04-03-2021 | 12:14:00 | By: Pie Kamau
Incorporated on 17 Feb 2021, Mokusei Intelligence (Mokusei), is a social impact & education centric tech startup focused on developing AI/ML based algorithms and solutions.


Indian tech startup Mokusei announces $500 Press Challenge
Published: 04-03-2021 | 10:29:00 | By: Pie Kamau
Social impact & education centric tech startup Mokusei Intelligence (Mokusei), which funds & sponsors up to 100% of education or travel expenses of people, is on the lookout for talented communicators for their upcoming projects.


Vested Finance raises $3.6m to bring U.S. stocks to Indian investors
Published: 10-02-2021 | 13:07:00 | By: Pie Kamau
Vested Finance, a Silicon Valley-based online investment platform that enables Indian investors to invest in the U.S. stock market, announced it has raised a $3.6 million seed funding round.


Investcorp acquires SaaS based e-commerce solutions provider Unilog
Published: 20-01-2021 | 12:38:04 | By: Bob Koigi
Investcorp has announced that it has entered into an agreement to acquire Unilog, a Software as a Service (SaaS) based e-commerce solutions provider to small and medium businesses based in the United States.


Indian food and grocery e-commerce startup Jumbotail secures $14.2m Series B3 funding from VII Ventures
Published: 18-01-2021 | 16:44:00 | By: Pie Kamau
India's food and grocery e-commerce and new retail platform Jumbotail secured a $14.2 million Series B3 funding from VII Ventures (Seven Ventures).


CropIn raises $20 million funding to deepen machine learning application in agriculture
Published: 14-01-2021 | 12:14:49 | By: Bob Koigi
CropIn, a global artificial intelligence and data-led agri-tech organization empowering stakeholders to reimagine agriculture with data, has raised $20 million in a Series C funding.


India's Z3Partners announces first close of Tech & Digital Fund, invests in Cyfirma and DealShare startups
Published: 12-01-2021 | 10:36:00 | By: Pie Kamau
Z3Partners Tech Fund announced its First Close of $14 million and its investments in Cyfirma, a Cyber Threat Intelligence Software startup and DealShare, a Social Commerce-led online grocery startup.


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.


Pet supply startup Petpal raises capital via equity crowdfunding to expand e-Commerce operations in India
Published: 01-12-2020 | 12:29:00 | By: Pie Kamau
Pet supply startup Petpal has developed a one-stop platform for pet owners to get the food, medicine, and accessories they need to keep their pets happy and healthy.


CerraCap Ventures, Exfinity Venture Partners join forces for new growth
Published: 30-11-2020 | 13:48:00 | By: Pie Kamau
CerraCap Ventures and Exfinity Venture Partners announced their global strategic partnership integrating CerraCap's unique Sales & Scale model with Exfinity's stated vision helping develop global enterprise startups leveraging the Indo-US corridor.


[Startup Interview] Nitin Shingote,Nilesh Shingote, Founders, PropCheckup, India
Published: 14-10-2020 | 10:47:00 | By: Bob Koigi
PropCheckup is an Indian home inspection startup that has monitors over 100 property checkpoints and provides a detailed home inspection report which snags hidden issues like seepage, electrical faults, water leakage, wall dampening, carpet areas shortage and plumbing issues.


[Startup Interview] Muhammed Haleel, Founder, Expatriates.io, India
Published: 09-10-2020 | 16:50:00 | By: Bob Koigi
Indian-based startup Expatriates.io sells premium job posting and resume features to employers and companies. Its website has established a footprint in 249 countries. Muhammed Haleel the company’s founder explains the business model.


Unacademy acquires exam prep startup Coursavy
Published: 25-09-2020 | 12:23:17 | By: Bob Koigi
India edtech company Unacademy has acquired Coursavy, a platform for Union Public Service, UPSC exams preparation.


Servify raises $23 million financing for global expansion
Published: 25-09-2020 | 12:04:14 | By: Bob Koigi
Servify, the Indian-based device lifecycle management platform that integrates multiple OEM Brands and their sales and service ecosystem to deliver great after-sales service experience has announced that it has raised $23 million.


Zuper raises $1.1 million seed funding to boost its workforce management Saas platform
Published: 19-09-2020 | 10:29:03 | By: Bob Koigi
Zuper, provider of an intelligent workforce and customer management platform has raised $1.1 million in seed funding.


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


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.


Microsoft and Accenture partner on startup challenge to accelerate innovation in ecosystem
Published: 09-07-2020 | 15:36:27 | By: Bob Koigi
Microsoft’s 100X100X100 program is collaborating with Accenture to host the third edition of the Accenture Ventures Challenge for startups in India.


Catalyst Fund announces seventh cohort of inclusive fintech startups
Published: 09-07-2020 | 15:35:37 | By: Bob Koigi
Catalyst Fund, the global inclusive fintech accelerator, has announced that six new fintech startups, from Nigeria, South Africa, Mexico and India are joining its existing portfolio of 31 companies.


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.


UNICEF Cryptocurrency Fund announces investment for startups in developing, emerging economies
Published: 23-06-2020 | 10:00:00 | By: Pie Kamau
Eight technology companies in developing and emerging economies will receive investment from the UNICEF Cryptocurrency Fund (CryptoFund) to solve local and global challenges.


[Startup Interview] Veer Varma, Founder, CoachDirect, India
Published: 16-06-2020 | 12:31:09 | By: Bob Koigi
CoachDirect is an Indian-based startup that works with schools and gated communities by providing sports, wellness and life coaching services. The startup CEO Veer Varma elaborates.


India’s Ola Electric acquires Dutch scooter startup Etergo
Published: 27-05-2020 | 15:06:00 | By: Bob Koigi
Ola Electric, an offshoot of Indian ride-hailing company Ola, has acquired Etergo BV, an innovative electric scooter OEM, based out of Amsterdam, the Netherlands.


[Startup Interview] Jose Dalappan, CEO, Costral Corporate Strategic Lab, India
Published: 27-04-2020 | 09:19:00 | By: Bob Koigi
Costral Corporate Strategic Lab is an India-based management consulting startup working with organizations in marketability of their product from market survey and other tools, branding and and business development. The company also assists businesses to re-vamp their business model.