Ventureburn

Pan African fintech secures $1-million in pre-seed funding

African fintech Payday has secured $1-million in a pre-seed round from several investors including; LofyInc, Microtraction, Magic Fund, Ventures Platform, Voltron Capital, CcHub Syndicate,…

Augmental Technologies courts investors for Tracto mental health app

Healthtech startup Augmental Technologies is engaging with investors to accelerate the development of Tracto, its app for neurodiverse children. The South African startup’s app…

AHi puts out call for entrepreneurs, business chambers to apply for annual awards

Western Cape business organisation AHi has called for entrepreneurs and business chambers to enter its annual awards competition. The organisation will present the awards…

Telkom partners with Mobiz to provide SMMEs with affordable SMS marketing

Telkom Business South Africa has partnered with Mobiz, a local MarTech company, to provide South African SMMEs with free data-cost free and affordable SMS…

Nigerian tech startup secures $1.4-million in seed funding

Based in Lagos, Eden Life has secured $1.4-million in a seed funding round led by UK-based LocalGlobe, along with participation from Samurai Incubate, Future Africa, Village Global, Rising Tide Africa and Enza Capital….

Luno hits 9 million customers, adds a million in 4 months

Cryptocurrency exchange platform Luno has announced it has accumulated 9 million customers with a million added in just over four months. Founded by South…

Stellenbosch University, UTF invest R7 million in healthtech startup BioCODE

Stellenbosch University (SU) and the University Technology Fund (UTF) have invested R7 million in healthtech startup, BioCODE. The investment will assist the startup to…

South African edtech secures undisclosed amount of funding

Gauteng-based edtech company d6 Group has secured an undisclosed amount in investment funding from Knife Capital, Hlayisani Growth Fund Stellenbosch and NuState Ventures. Edtech…

Local entrepreneur launches AI solution to detect breast cancer

October marks the month of breast cancer awareness in South Africa and with this Kathryn Malherbe, the CEO and founder of Medsol, is currently…

Housing marketplace DigsConnect receives funding for #1000digs initiative

Student housing marketplace DigsConnect has received funding for its #1000digs initiative to house higher education students. The company received the funding from the Michael…

Top web startup events in South Africa [11/10/2021]

The line-up of events for this week provides valuable insight into how to scale up and grow your business fast along with an insight…

Local emotional intelligence app users significantly grow

Based in Johannesburg, It’sOk, an innovative tech startup that aims to promote emotional intelligence among students has experienced exponential growth in the number of the…

Africa Tech Female Founder Summit date announced

TLcom Capital, an Africa-focussed venture capital firm has announced that its 2021 Africa Tech Female Founder Summit will take place virtually on 13 October…

SA food tech startup partners with V&A Waterfront

Fomo, a local food app that connects users with specials at restaurants or events has partnered with the V&A Waterfront to promote restaurants and…

SA Crypto exchange startup report reveals locals ‘bullish’ about crypto

South African cryptocurrency startup Luno surveyed over 1000 of its customers in South Africa in August 2021. The survey found that 82% of them expect Bitcoin…

Solar startup Sun Exchange secures $2.5 million investment

SA startup Sun Exchange has secured $2.5 million in convertible note financing to continue to scale its solar leasing platform. The startup secured the…

Applications for African startup E-Track Programme now open

The E-Track Programme, run by the UCT Graduate School of Business (GSB), is looking for applicants for its fifth cohort of African startups. Applications…

Alphacode Incubate fintech programme puts out call for applicants

The AlphaCode Incubate programme has put out a call for early-stage fintech startups to apply to be part of its 2022 cohort. Applications for…

South African agri-fintech HelloChoice secures investment from Standard Bank

South African agri-fintech startup HelloChoice has finalised a major investment from Standard Bank following several partnerships. The 25% equity deal with the bank will…

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