14 April 2023
- Krakow-based Reakto, a company that builds drone infrastructure based on Anything-as-a-Service (XaaS) canvas, announced that it has secured over €1M in funding to bring its ‘ground-breaking’ drone security solution to the market. Reakto secured the…
14 April 2023
- Amsterdam-based Change, a cryptocurrency platform for retail investors, announced it has secured €2M in funding from Switzerland-based private equity firm Andromeda Capital Partners Suisse AG. The Estonian-born company says it will use the funds to…
14 April 2023
- Copenhagen-based Teton.ai, a health tech startup building an AI companion for nurses, announced that it has secured approximately €4.8M in funding led by Plural. Strategic angel investor Finn Murphy, formerly at Frontline Ventures, also participated…
14 April 2023
- Germany-based Lean Ocean, a digital agency and HR solution provider announced that it has secured €800K in a fresh round of funding for its latest platform, AKEYI Worlds. The company says the new platform helps companies attract talent “in a playful…
14 April 2023
- The Internet of Things (IoT) has the potential to revolutionize the way we live, work, and interact with our surroundings. From smart homes that can anticipate our needs and adjust to our preferences, to smart cities that can optimize resource usage…
14 April 2023
- SOLASTA Bio, a Glasgow University spin-out that specializes in the next generation of green insecticides, announced that it has secured further funding in its pre-Series A round totaling £4M. The agritech startup says that the capital will help scale…
14 April 2023
- Luxury skincare and personal care brand RAS announced that it has raised $1.5 million from New York-based sustainability-focused venture capital firm Green Frontier Capital and other existing investors. Founded by Sangeeta Jain and her two daughters…
14 April 2023
- Dozer, an open-source data infrastructure platform that helps software engineers create application programming interfaces (API), announced that it has raised $3 million in a seed round of funding and also emerged from stealth (the platform has opened…
14 April 2023
- In an increasingly digital world, it is somewhat ironic that “the best defense against change of banking detail scams is hardly digital, or very sophisticated, at all,” says Bilal Kajee, Head of Risk Management, Business and Commercial Banking at…
14 April 2023
- AstraZeneca, a leading global pharmaceutical company, launched the Africa Health Innovation Hub today. This ground-breaking initiative highlights the company’s commitment to healthcare equity and fostering partnerships with a range of stakeholders,…
14 April 2023
- The risks of identity fraud remain as high as ever for consumers and banks alike. Global research from Experian shows that 58% of consumers have been a victim of online fraud or know someone who has been a victim, or both. The challenge that banks…
14 April 2023
- Copenhagen-based Agreena, a startup that verifies and sells carbon credits generated by farmers, announced that it has raised €46M in a Series B round of funding. The round was led by Germany’s leading multi-stage investor HV Capital and saw…
14 April 2023
- Ghana-based startup Remoteli is providing young Africans with access to technology skills and job opportunities that were previously unavailable. Launched in 2020, Remoteli is a technology-driven platform that specialises in connecting talented…
14 April 2023
- Amazon is aiming to invest $1.8 billion in South Africa by 2029. The investment will be made towards cloud infrastructure in the region. The company estimates a $2.5 billion investment in the region between 2018–2029.
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14 April 2023
- Estonia, which is known for a number of IT-based companies that have a global reach, such as e-taxi app Bolt, has opened its regional offices in Nairobi with the aim of attracting public and private sector investments in Kenya and East Africa. To…
13 April 2023
- Nigerian health-tech startup Healthlane has announced plans to change its business model, following months of operational struggles and little business. Healthlane has been offering health tests that are booked on its digital platforms before the…
13 April 2023
- Bester used Facebook to lure women to assault them, and he also used Twitter, as well as access to internet services to run a well-coordinated scam right from his cell in a maximum security prison.
13 April 2023
- Berlin-based Parloa, a Conversational AI platform for automating omnichannel customer service has raised €20M in a Series A round of funding. The round was led by Swedish investment firm EQT Ventures. Existing investors Amsterdam-based Newion and…
13 April 2023
- Paris-based Inato, a platform that makes clinical trials more accessible, announced that it has raised $20M in a Series A2 round of funding. The capital comes from Cathay Innovation, Obvious Ventures, and new investors La Maison and Top Harvest…
13 April 2023
- Stockholm-based X Shore, an electric boat manufacturer, announced that it has secured approximately €26.5M in a funding round led by SEB Investment Management AB with participation from existing and several new shareholders. X Shore says it intends to…
13 April 2023
- London-based TerraPay, a global payments infrastructure company, announced that it has secured $100M in a Series B equity and debt round of funding. The company claims to have been successful, and it is now prepared to advance its payments…
13 April 2023
- Utrecht-based HeatTransformers, a startup that specializes in heat pump installation, announced that it has raised €15M in a Series A round of funding led by Energy Impact Partners. Existing investors Fair Capital Partners’ Impact Fund and ENERGIIQ…
13 April 2023
- Mexican startup Pacto, a point-of-sale (POS) platform with integrated payments for restaurants and bars, announced a $4 million seed round led by DILA Capital. The capital will be used to increase its engineering, product development, and customer…
13 April 2023
- South African startup TROOP, which creates tools for corporate meetings around the world, has raised $11 million in Series B funding. According to TROOP co-founder Leonard Cremer, “TROOP’s growing presence in South Africa comes at a key time, with…
13 April 2023
- Finverity, a digital ecosystem for trade and supply chain finance based in London, raised $5 million from both new and existing investors in a highly subscribed equity investment round. Viacheslav Oganezov, CEO and co-founder of Finverity, said, “We’…
13 April 2023
- The Green Changemakers Challenge is a worldwide innovation challenge open to solutions that are helping to equip others with the mentality and competencies to contribute towards building a sustainable and fair future, and this year they are inviting…
13 April 2023
- The Startup Act, a framework developed to help the nation’s most brilliant entrepreneurs in attaining their objectives, has been unveiled by the Ivorian government. With a focus on high-potential startups, Ivory Coast has prioritized technological…
13 April 2023
- Lazerpay, a web3 and crypto payment company, is shutting down. The shutdown comes months after the startup’s founder, Njoku Emmanuel, shared that the company was having trouble raising money. According to a statement shared by the founder Njoku…
13 April 2023
- Victory Farms, a Kenya-based aquaculture startup operating around Lake Victoria has raised $35 million in Series B round. Previously the firm had raised $4 million in debt funding and $5 million in equity. The agritech startup that was founded in…
13 April 2023
- Fez Delivery, a logistics and delivery startup in Nigeria, has raised US$1 million in seed funding to speed up its growth and expand its team. Ventures Platform, Voltron Capital, Acasia Ventures (previously Cairo Angels), and other angel investors…
13 April 2023
- Sophos today announced the promotion of Joe Levy to president of the Sophos Technology Group (STG). The company has also appointed Bill Robbins as president, Worldwide Field Operations. Levy is currently Sophos’ chief technology officer and chief…
13 April 2023
- HouseAfrica, a real estate technology firm in Nigeria, has raised $400,000 in funding to provide real estate developers and their customers with tools for digitalization and transparency. Future Africa, SSE Angel Network (SSEAN), ARM Labs, CV VC,…
13 April 2023
- Kalon Venture Partners, a South African VC firm that invests in digital disruptive technologies, plans to establish a US$50 million fund, enabling it to make investments for the first time outside of South Africa. Its most recent fund, which had a…
13 April 2023
- Factor[e]Ventures, a Kenyan venture capital firm, has launched Delta40, a new venture studio that will develop and invest in technology ventures to raise incomes and combat climate change in Africa. Early-stage technology businesses in the fields of…
13 April 2023
- The world’s largest online retailer Amazon’s cloud computing subsidiary, Amazon Web Services (AWS), has expanded its presence in Africa by inviting early-stage startups to apply to participate in the AWS FinTech Africa Accelerator’s first cohort. In…
13 April 2023
- The Greenovations Africa program, which provides access to mentoring and investment opportunities, is calling for applications from African firms with creative ideas that address current issues in any green sector. By combining incubation and post-…
13 April 2023
- Payday, a prominent pan-African neobank with headquarters in Rwanda that provides global accounts to Africans, has announced a US$3 million seed funding to support its growth in Europe and North America. HoaQ, the Stellar Africa Fund of DFS Lab, and…
13 April 2023
- The government of Sao Tome and Principe, a country in Central Africa, has received a $3.2 million loan from the African Development Bank (AfDB) to improve its payment infrastructure. Using the funding from this loan, Sao Tome and Principe may improve…
13 April 2023
- Rwandan startups AflaKiosk and AflaSight tackle the pervasive issue of aflatoxin in local grains.
13 April 2023
- The European Union has given Kenya Ksh 50 billion ($378 million) to help with the electrification of the nation’s public transportation system. William Ruto, president of Kenya, and Ursula von de Leyen, president of the European Commission, met…
13 April 2023
- The government of Uganda is going to invest $215 million to buy the majority of Umeme’s shares. When Umeme’s 20-year deal ends in 2025, the government will fully control the power distribution system. This will end a long-standing arrangement between…
13 April 2023
- Can you start a new company or NGO that uses a proven way to help people out of poverty on a big scale? Send in your idea for a new group to help solve one of the Distribution Challenges. The world has already developed products and services to help…
13 April 2023
- Vertiv on Thursday announced the appointment of Wojtek Piorko as its new managing director for Africa effective immediately. Before his appointment, Wojtek served as the company’s South East Africa regional director. He now takes over Pierre Havenga,…
13 April 2023
- FarmTrace, a cloud-based agritech solution that has secured a sizable investment from Secha Capital and Hassium Capital, has made cutting-edge farm management technologies available to farmers in South Africa. FarmTrace is the only cloud-based farm…
13 April 2023
- Hong Kong is making it easy for African tech startups that want to move there to do so. Setting up your offices in Hong Kong has never been easier than with the help of InvestHK, the part of the Hong Kong Special Administrative Region (HKSAR)…
13 April 2023
- Checkout solutions provider Nimbbl has raised $3.5 million from Sequoia Capital India, Global Founders Capital (GFC), and stock brokerage firm Groww. Sequoia Capital India led its seed round, which first closed in July 2021 Nimbbl raised additional…
13 April 2023
- The UK’s growth platform for tech startups and founders, Tech Nation has confirmed that it is very much in discussions with Brent Hoberman’s Founders Forum Group to carry on its legacy according to Tech Eu. It would now appear that the legacy of Tech…
13 April 2023
- AstraZeneca, a global pharmaceutical company has launched the Africa Health Innovation Hub that will employ use the latest science and...
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13 April 2023
- Zurich-based Wingtra, a manufacturer of professional mapping and surveying drones, announced that it has raised approximately €20.38M in a Series B round of funding to further expand its operations globally. The investment came from DiamondStream…
13 April 2023
- Lithuania-based HeavyFinance, a climate tech investment marketplace for the agricultural industry, announced that it has secured €3M in a Seed round of funding. The round was led by Lithuania’s Practica Capital, an early-stage venture capital fund…
