The tech world was recently shaken by rumors of Elon Musk wanting to buy OpenAI, the AI powerhouse led by Sam Altman. But Altman…
Jobs Fund renews partnership with tech firm A2Pay, committing R161m for project
SA tech company A2Pay has landed R161-million from The Jobs Fund, a R9-billion fund which is managed by The National Treasury. The debt funding…
The Sun Exchange raises over R4.2m against R7m target, as crowdfunding campaign closes
The Sun Exchange, a SA blockchain-based solar panel micro-leasing marketplace, has raised over R4.2-million (about $300 000) from 288 investors through its equity crowdfunding campaign…
Silvertree invests R5m in former OrderIn co-founder’s new dark kitchen business
Cape Town based investor Silvertree Holdings has invested R5-million in return for a majority stake in former OrderIn co-founder Heini Booysen’s new dark kitchens business….
SA on-demand truck hire startup Droppa nets multi-million rand investment
Droppa, a Johannesburg based on-demand platform for trucks and bakkies, has secured a multi-million rand investment from SA investor IDF Capital. Droppa CEO Khathutshelo…
SA insurtech Solvency to launch ‘disruptive product’ in January after netting investment [Updated]
UPDATE (21 January 2020): Solvency this week launched its new insurance product. Founder Mutoda Mahamba said in a statement that while the product is…
Norway’s TCapital acquires SA meal kit company Daily Dish
TCapital, a Norwegian private equity group has announced it has acquired Daily Dish, a meal kit delivery startup based in Cape Town. TCapital founder…
Meet Dr Reza, the man behind SA’s first vertical business jet [Q&A]
He plans to spend $500-million to develop SA’s first vertical business jet and is currently trying to raise R20-million from members of the public….
SA startup Yellow lands $725k to help distribute solar energy device in Uganda, Malawi
SA startup Yellow may just have closed a $725 000 raise from local and international investors, but the two-year-old company which sells pay-as-you-go solar-power…
Despite challenges, Africa is attractive for expat founders, says Jobartis man [Q&A]
Africa, with its vast number of business opportunities and low competition, holds great possibilities for foreign tech entrepreneurs, says Adrian Vinuales, the Spanish co-founder…
How project with London, NY financier led to JUMO serving 15m credit, saving users [Q&A]
Earlier this month fintech startup JUMO — which was founded by SA entrepreneur Andrew Watkins-Ball in 2014 — celebrated a new milestone, having helped connect over…
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