Startup news

Vendease raises $3.2m to transform Africa’s restaurant supply chain

Nigerian-based AgriFood-tech start-up Vendease delivered approximately 100 000 tons of food to restaurants in September 2021, hitting a $12.9 million transaction volume. The recently…

SA Startup Act gains boost from the Presidency

After releasing the anticipated research findings in September, members of the South African Startup Act steering committee were invited, alongside other entrepreneurship activists, to…

Cape Town tech startup develops gaming app based on BTC blockchain

South African gaming tech startup Skrmiish has launched an innovative and competitive gaming app based on the BTC blockchain to monetise wins for users. …

Local bank launches innovative digital hub for SMEs

South African financial service provider Nedbank has launched the ‘Nedbank Business Hub’, an initiative that includes an online business portal that offers business clients…

Anzisha Prize reveals top 26 entrepreneurs for 2021

The Anzisha Programme, created in a partnership between Mastercard Foundation and the African Leadership Academy, has announced its top 26 entrepreneurs that have been…

Cape Town tech startup creates innovative food-related platform

Based in the Mother City, KnowItWorld, a local tech startup, has created a platform that provides users with detailed information about food items. KnowItWorld…

Rwandan fintech startup selected for prestigious accelerator programme

African fintech Payday has been selected to join the renowned Techstars Toronto Accelerator programme and is the first Rwandan startup to be selected to…

Naspers invests R120 million in Joburg-based insurtech startup Naked

Naspers has announced it has invested R120 million in Johannesburg-based insurtech startup Naked in a Series A funding round. Announced on 4 August, the…

Bespoke furniture startup Mable takes décor digital

Cape Town-based bespoke furniture startup Mable was founded out of frustration. The name comes from mebel, meaning furniture in Polish Polish-born founder and CEO,…

Catalyst Fund names Inclusive Fintech startups, three from Africa

Catalyst Fund has revealed the six startups, three of whom operate in Africa, who make up the ninth collection of its Inclusive Fintech programme….

JASIRI brings on mental healthtech Vimbo to support entrepreneurs

The JASIRI Talent Investor programme, supported by Allan and Gill Gray Philanthropy, has brought on mental health offering Vimbo Health to support August’s new…

Media Measure introduces Amazon’s Arm to accelerate compliance platform

Joburg-based media compliance startup Media Measure was founded by Allan Gray fellow Naeem Ganey in 2016. The company aims to simplify compliance in the…

SA payments platform Yoco raises $83m in funding

South African payments platform Yoco has announced that its Series C round of funding has raised $83 million — or R1.2 billion — for…

Johannesburg insurtech startup Pineapple secures R80m in funding

Johannesburg-based car insurance startup Pineapple has announced it has closed its Series A funding round with R80 million secured from investors. The company announced…

Venture capital continues to grow in South Africa – survey

A survey of the venture capital industry in South Africa has shown 122 local startups received a record R1.39 billion from investors during 2020….

Naspers invests R34m in local insurance advice app Ctrl

Naspers has announced it will invest R34 million in startup Ctrl, a short-term insurance marketplace digital platform that connects clients, brokers, and insurers. The…

Fuel payments pioneer Payment24 launches biometric ‘pay-by-car’ offering

Cape Town-based fuel management platform Payment24 has launched a new biometric payment solution to complement their existing suite of over 20 secure, contactless payment…

Kenyan fintech M-Kopa announces Nigeria expansion

Nairobi-based startup M-Kopa has announced its official expansion into Nigeria, marked by the appointment of new General Manager Babajide Duroshola. Over 75% of M-Kopa…

Global‌ ‌fintech‌ ‌Xero‌ ‌releases‌ ‌VAT‌ ‌tools‌ ‌for‌ ‌SA‌ ‌SMMEs‌ ‌

Leading accounting SaaS company Xero has announced the release of new VAT eFiling tools as part of Xero’s existing suite of cloud offerings, making…

BlueAvo – disrupting recruitment in SA’s media industry

SA-based creatives’ recruitment offering BlueAvo was officially launched in March 2021 to help talented African creatives connect with prospective employers. Co-founder Indira Tsengiwe described…

Critical skills visas open mental and physical borders [Opinion]

Many years before Ventureburn, I worked for an e-learning startup. I started as a writer with a background in education and by the time…

SA CX platform inQuba first to launch integrated Whatsapp chat

Leading SA customer experience (CX) company inQuba announced the launch of a fully integrated Whatsapp chat feature on their platform – the first of…

Wellness app Strove raises R4 million in seed funding

Employee wellness app Strove has raised R4 million in seed funding in a round led by venture capital firm, Launch Africa. The round comes…

Broadband Africa Forum 2024

South Africa’s Deskless Workers: A Workforce Under Strain

How AI is Rewriting Urban Planning in Developing Regions

Microsoft launches new Surface devices in new AI era

Honor Magic V3 launches, four things to know

Honor Magic V3, a Guinness world record attempt

Jaguar rebranding creative is crazy – good?

German luxury cars require a rethink for China

Trump wins – Tesla goes beyond $1 Trillion