Startup news

€10k lifeline for SA start-ups in Irish Tech Challenge

South African start-ups can now apply to receive up to €10 000 (about R200 000) in funding in a local edition of the Irish Tech…

Gable raises $16m for remote collaboration

Gable, a start-up that assists distributed companies in managing office space for their workforce, has secured $16 million in funding led by SemperVirens and…

Car Subscription Startup Planet42 Raises $100 Million to Address Transport Inequality

Planet42, a South African car subscription startup, has raised $100 million in combined equity and debt funding to address transport inequality by putting cars…

E Squared funds agribusiness with a strong focus on food security

In December 2022, impact investor E Squared Investments participated in a follow-on funding round with Nambu Group, an insect protein company founded by Allan…

Synatic Secures $2.5 Million in Seed Extension Funding

Local data automation and integration startup, Synatic, has secured an additional $2.5 million (+- R42 million) in a seed extension funding round led by…

Zilch’s Philip Belamant Discusses How Fintech Investors’ Evolving Priorities Have Changed the Playing Field

Sponsored by Easylink Studio As technology is increasingly integrated into many industries’ operations, financial technology, better know as fintech firms, are frequently at the…

Why start-ups with flat organisational structures often fail

A United States-based management professor, Ronnie Lee, has a word of warning for aspiring entrepreneurs who envision an egalitarian workplace where there are no…

SA software start-up unveils global commercial photo system

A South African software company that has captured more than 60 million smiles globally since 2009, has launched the world’s first industry specific, cloud-based…

Africa’s top student housing site bags The Delta investment

An award-winning student accommodation marketplace, DigsConnect.com, has just scored investment from Africa’s leading venture builder, The Delta, as part of a new funding round….

OceanHub Africa accelerator invites ocean-minded start-ups

African-based start-ups have until Sunday, 22 May 2022 to apply to an eight-month acceleration programme presented by OceanHub Africa. The third cohort will seek…

Futuregrowth bags one of SA’s largest seed funding rounds

In one of the largest seed funding rounds in South Africa’s history, Futuregrowth was the lead investor in Inseco, a start-up company using black…

Vehicle financing startup Moove grows with $105m funding

African startup Moove Africa, which provides revenue-based vehicle financing, will expand to seven new emerging markets in Europe, Asia and the Middle East in…

Luno hits new milestone with 10 million customers

Luno, the crypto company founded by two South Africans, now has 10 million customers in over 40 countries. Luno’s latest one million customers were…

Kippa launches new digital payments product for SMEs

Kippa, a fast-growing Nigerian fintech start-up offering digital business and financial management solutions for SMEs in Africa, has launched its second product, Kippa Payments….

African startups can now apply for next e-Track cohort

Applications for the upcoming e-Track programme, hosted by UCT GSB Solution Space, have just opened. This three-phase venture accelerator was developed by a specialised…

Cape Town based Locstat raises investment from Grindstone Ventures

Cape Town based advanced analytics company, Locstat, has secured undisclosed amount of funding from Grindstone Ventures. Founded in 2016, Locstat enables customers to unlock…

SmartWage seed round raises $2M to transform African workforce

Human resources and communications technology start-up SmartWage raised $2 million in an oversubscribed seed funding round that drew participation from Idris Bello (founding partner…

Adtech startup addvirtt exits stealth to democratise sports advertising

South Africa-based sports advertising start-up addvirtt is plugging African brands into the formerly unattainable high impact, high-value TV visible advertising inventory of Europe’s biggest…

DabaDoc partners with Orange to launch a medical video-consultation service

Moroccan healthtech startup, DabaDoc, and Orange, the French multinational telecommunications corporation, have joined forces to launch DabaDoc Consult, a brand new service allowing the…

Nigeria’s Kwik secures $2M in Series A funding round

French-Nigerian B2B startup Kwik, a provider of SaaS logistics services to social vendors and e-commerce platforms in Africa, has successfully closed its $2 million…

4DX leads $3M Eksab seed round

Egyptian fantasy football start-up Eksab raised $3 million is a seed round led by 4DX Ventures. The round also drew participation from Darwazah Capital,…

Applications open for 2022 Africa’s Business Heroes prize competition

The “Africa’s Business Heroes” (ABH) prize competition, one of the Jack Ma Foundation’s philanthropic programs spotlighting and celebrating Africa’s entrepreneurial talent, has opened applications…

FOMO app reaches 100K users, opens Series A funding round

FOMO, an app in South Africa focused on connecting users to restaurant specials closest to them using geo location, launched in late 2020 has…

iOS17 challenges, battery drainage and others, what to expect

Collective responsibility: SA venture builder’s legacy

Africa Money & DeFi Summit unveils 9 pioneering ventures

Zambian neo-bank Lupiya raises $8.25m in Series A round

Huawei introduces the Huawei Watch GT 4 series

The HONOR 90 5G, futuristic technology in the palm of your hand

iOS 17, the launch, what to expect and features simplified

Review Honda’s HR-V 1.5 CVT

Shenxing battery is CATL’s latest EV breakthrough

Review: Volvo XC40 P6