- Netherlands-based SafeSize, a retail tech company that offers personalized shoe and insole recommendations, announced that it has raised €14M in a Series B round of funding. The capital comes from Phaistos Investment Fund and existing investors Convent Capital and 3TS Capital Partners. SafeSize…
- Chilean FinTech Toku announced its seed round of USD $7M, to consolidate its operation in Mexico, invest in growth and continue expanding through the LatAm market. The round was led by the North American venture capital F-Prime Capital, accompanied by Honey Island by 4UM and Wollef , along with…
- The Africa Women Innovation and Entrepreneurship Forum (AWIEF) has announced the opening of registration for its annual conference and awards. This year is the 9th edition of the prestigious AWIEF event, and it will be held at the Kigali Convention Centre (KCC), Kigali, Rwanda, on 9 and 10 November…
- ShEquity Partners, an African investment firm with a focus on women, is currently accepting applications for the fourth edition of its ShEquity Business Accelerator (SHEBA). ShEquity is an investment company that backs firms in Sub-Saharan Africa that are led and managed by women and have the…
- The African Impact Challenge, which helps participants in developing ideas that create markets and use technology to address the biggest challenges facing the continent, is now accepting applications. The African Impact Challenge is expanding to South Africa this year and introducing a pan-African…
- Verod-Kepple Africa Ventures (VKAV), which invests in scalable, tech-enabled, post-revenue startups tackling challenging issues on the continent, has secured US$43 million for its pan-African venture fund. SBI Holdings, Toyota Tsusho Corporation, the Japan International Cooperation Agency (JICA),…
- Uruguayan Agtech, The Climate Box secured $350K on a Pre-seed round led by The Yield Lab. Label Investments and an angel investor also participated. The company will use the funds to strengthen its global sales force and research and development for its software. “We will expand the team to twelve…
- London-based Seldon, a data-centric Machine Learning (ML) operations platform for the deployment, management, monitoring, and explainability of ML models, announced on Thursday that it has raised $20M (approximately €18.84M) in a Series B round of funding. The round was led by Portugal-based Bright…
- Denmark-based Teitur Trophics, a biotech company, announced that it has secured €28M in a Series A round of funding co-led by Sunstone Life Science Ventures and Sound Bioventures. New investors Industrifonden, Innovestor’s Life Science Fund and P53 Invest also participated in the round. Teitur says…
- Sweden-based Blinto, an online platform that auctions used heavy machinery, tools, and vehicles, announced that it has secured €10.6M in a new round of funding. The investment came from Verdane, a Norway-based specialist growth equity investment firm. Verdane engages as a partial or dominant…
- Utrecht-based Vitestro, a startup on a mission to be the first to bring autonomous blood drawing technology to European hospitals, announced that it has raised €12M in a Series A round of funding. The round was led by Silicon Valley-based Sonder Capital, a firm that backs early-stage medical…
- Munich-based DeepDrive, a high-tech company that claims to offer revolutionary drive units for electric vehicles, announced that it has raised €15M in a Series A round of funding. The round was co-led by top mobility investors BMW i Ventures and co-pace GmbH. The startup is also supported by…
- Helsinki-based IPRally Technologies, a provider of AI-powered patent search and classification, announced that it has secured €10M in a Series A round of funding. The round was led by Endeit Capital with participation from existing investors Join Capital, Spintop Ventures, and Icebreaker.vc.…
- Paris-based XXII, an AI-powered computer vision company, announced that it has secured €22M in a Series A round of funding led by the Fonds Innovation Défense (Defence Innovation Fund) managed by Bpifrance. 574 Invest (SNCF Group’s investment fund), CIB Développement (Colas Group), Techmind, Kima…
- Indian Direct-to-commerce (D2C) fashion brand Zouk said it has raised $3 million led by Stellaris Venture Partners. The funding round also saw participation from Sharrp Ventures, JJ Family Office, Deutsche Bank India CEO Dilip Khandelwal, Atomberg founder Manoj Meena and founders of Sugar Cosmetics…
- Almentor, an Arabic-language online video-learning platform based in Egypt, has secured a pre-Series C funding round of $10 million. The technology investment division of e& capital was the lead investor in this round of funding. Together with Partech, Sawari Ventures, Egypt Ventures, Sango…
- Onepipe, a fintech startup based in Nigeria, has secured a $4.8 million credit line from TLG Capital, a pan-African investment firm. The TLG Africa Growth Impact Fund (AGIF), a credit company that makes investments in the region south of the Sahara, closed the investment round. Onepipe is a…
- Dream VC, Africa’s foremost venture capital talent network is announcing the commencement of applications for the 2023 cohort of its flagship VC accelerator program. Founded in 2021, Dream VC has trained more than 80 African and Africa-focused investment professionals in 3 successive cohorts, many…
- Applications for the 2023 Green Entrepreneurship Awards are currently being accepted by the adelphi green entrepreneurship team. Eco-inclusive and circular businesses will receive support from the Awards to scale their business growth while simultaneously increasing the adaptive capacity of local…
- The most recent version of OpenAI’s immensely successful artificial intelligence chatbot ChatGPT, GPT-4, has been released. ChatGPT has been used by millions of people since its release in November 2022. In addition to creating titles and summaries, the new model can actually respond to images by…
- The Nigerian government has set up a $672 million fund to help young investors in the tech and creative sectors. As part of the government’s Digital and Creative Enterprises Plan (DCEP), a $672 million fund has been established to encourage new business innovation and entrepreneurship within the…
- Flat6Labs, a MENA-focused seed investor, has announced the opening of a new US$95 million fund to support the growth and development of early-stage tech firms across the African continent. With operations in Egypt, Lebanon, Tunisia, Bahrain, Jordan, the UAE, and Saudi Arabia, Flat6Labs is the…
- Rebecca Enonchong is a Cameroonian technology entrepreneur, business leader, and advocate for women in technology. She is the founder and CEO of AppsTech, a leading provider of enterprise software solutions to businesses and governments in Africa and the Middle East. Enonchong was born in Cameroon…
- The Microsoft Africa Development Centre’s (ADC) Game of Learners (GOL) competition’s fourth season is now accepting applications from university students in Kenya and other regions of Africa. Participants in this year’s competition will be working to create potential technological solutions that…
- The Orange Social Venture Award is now accepting applications for the 2023 edition from startups in Africa and the Middle East. The POESAM prize has been given out annually since 2011 to start-ups with ground-breaking ideas in the fields of education, healthcare, e-commerce, and agriculture in…
- For the first Google for Startups Accelerator: Women Founders Africa Program, 15 startups from across the continent have been selected. One bootcamp per month is part of the 12-week program, which starts this month. Selected participants will have access to Google products, mentoring from business…
- Meta is reportedly exploring launching a new social media app in an effort to compete with Twitter. The framework that will be used to build the app for Meta will be quite similar to the one that was used to build the app for Mastodon, a service that is comparable to Twitter and was released in…
- Nuru, an energy company based in the Democratic Republic of the Congo (DRC), has raised an initial US$1.5 million in a convertible note financing ahead of the closing of its Series B funding round. During the financial close, the remaining funds will be invested by a stellar group of international…
- Indian Software-as-a-Service (SaaS) startup Houseware has received seed funding of $2.1 million, led by Singapore-based venture capital firm Tanglin Venture Partners. Other participating investors include early-stage investors GTMfund and Better Capital, and undisclosed angel investors from SaaS…
- Munich-based SACLÀB, an online marketplace for pre-loved luxury designer bags, announced that it has raised €1.6M in a Seed round of funding. The investment came from two VCs – Trind Ventures from Estonia and G-Fund from Germany. SACLÀB says that the raised funds will be primarily used for …
- Belgium-based Sunrise, a health-tech company that claims to be revolutionizing sleep analysis, announced that it has raised €17M in a fresh round of funding. This funding is in addition to €12M that the startup has already raised since its inception. The startup plans to accelerate its growth in…
- Amsterdam-based AG5, a SaaS platform mapping and tracking employees’ skills and qualifications, announced that it has raised €6M in a fresh round of investment from Headline, Acadian, and Peak. The announcement comes ten months after raising €1.2M from tech investor Peak. The Dutch firm says it…
- Espoo-based CollectiveCrunch, the creator of the AI-powered Linda platform that enables large-scale sustainable reforestation, announced that it has raised €1.4M in a fresh round of funding. CollectiveCrunch develops products that reduce timelines in forest inventories and offers accurate insights…
- HelloSelf, a London-based digital platform, announced that it has raised approximately €18.69M in Series B funding. The UK-based digital therapeutics platform had last raised an undisclosed sum from Google for Startups in December 2021 and a €6.4M Series A funding in March 2021. The Series B…
- Brazilian fintech Barte raised $3M in a funding round led by NXTP and Force Over Mass, with participation from current investor Venture Friends. Barte is a B2B online payments platform optimizing cash flow management for SMEs in LatAm through automation and revenue-based financing. Founded in 2021…
- Wheel the World, a travel startup that provides inclusive experiences for people with disabilities, raised US$6 million in a pre-Series A investment round led by Chilean venture capital fund Kayak Ventures. The deal also involved investment firms Detroit Venture Partners, Dadneo, Amarena, REI Co-op…
- Impact Investing Ghana (IIGh) has commenced the operational setup of its Ci-Gaba fund of funds. This fund of funds aims to unlock US$75 million in local and international finance for local capital providers. These local capital providers are investing in small and medium enterprises (SMEs) in order…
- EchoVC, a technology-focused early-stage VC firm with offices in Lagos that invests in underrepresented founders and underdeveloped markets, has launched EchoVC Chain, a $8 million “pilot” seed fund for blockchain startups. “At EchoVC, we’ve been captivated by blockchains for the previous few…
- NoBroker, India’s real estate platform which is 100% brokerage free, has bagged $5 million in funding from Google, which joins existing investors General Atlantic, Tiger Global, and Moore Strategic Ventures in its Series E round. NoBroker is a one-stop shop for all property-related needs from…
- London-based Cordless, a software development company that provides a platform for customer support services, announced that it has raised €2.15M in a Seed round of funding. The startup says it will use the funds to accelerate customer acquisition, product development and deepen integrations in the…
- Berlin-based Secfix, a cybersecurity company, announced that it has raised €3.6M in an oversubscribed Seed round of funding led by Octopus Ventures. Neosfer, which belongs to Commerzbank, and the founders of Signavio and Blair, as well as existing investors and serial entrepreneurs also…
- Madrid-based StudentFinance, a global career mobility fintech platform for reskilling and upskilling the global workforce, announced that it has raised €39M in a Series A round of funding to provide skills-based training in Europe. The startup has now raised a total funding of €44.7M to date. The…
- Stockholm-based Exeger, a solar cell company whose technology converts all forms of light into electrical energy, announced that it has raised equity capital of approximately SEK 179.8M (approximately €16.1M) against the issuance of 1,634,845 new series B common shares. According to Exeger, the new…
- Amsterdam-based Agurotech, a startup that offers farming solutions, announced that it has raised €1.5M in a Series A round of funding. Agurotech, which specializes in data-driven arable farming, says it will use the funds to take the next step in making the global food system more sustainable. The…
- UK-based Evove, a developer of a graphene-based water filtration technology designed to tackle water shortage, announced that it has secured £5.7M in a round of funding led by One Ventures with participation from AM Ventures and existing investors. The company says it will use the funds to expand…
- Nigeria, like many other countries, is currently undergoing a rapid transformation in its economic landscape. One of the biggest changes is the push towards a cashless economy, in which the majority of transactions are conducted electronically, rather than through physical cash. While this shift…
- The GROW Impact Accelerator is currently accepting applications from agri-tech startups based in Africa. New foodtech and agtech firms that are attempting to solve some of the world’s most pressing sustainability issues are being given a huge boost by the GROW Impact Accelerator, which is funded…
- Startup Wise Guys, a VC and accelerator firm, has closed the first $26.7 million of the US$48 million that will be used across its numerous geographies and vertical-focused funds to support its new strategy focused on international markets that are still underserved by capital investment. Startup…
- Mastercard has announced a new four-month initiative called Start Path Small Business, which will bring entrepreneurs and corporations together to develop and grow solutions that facilitate easy, safe digital experiences for small and medium-sized enterprises (SMEs). Startups that are developing…
- Workpay, a Kenyan HR payroll startup, received $2.7 million in pre-Series A funding to expand its services across Africa. Launch Africa, Saviu Ventures, Acadian Ventures, Proparco, Fondation Botnar, Kara Ventures, Axian, P1 Ventures, and Norrsken participated in the funding round. Workpay was…
