Startups

PressOne Africa closes $600k pre-seed round

Sponsored by PressOne Africa PressOne Africa, a startup building a business phone system for entrepreneurs, has raised $600K in a pre-seed round led by…

GlossAi raises $8m seed round to scale video-AI company

GlossAi, creators of an AI-driven video generator that allows organisations to rapidly create multi-audience content at scale using generative AI capabilities, closed an $8-million…

Futuregrowth invests in proptech start-up Flow Living

Estate agents have traditionally relied on outmoded forms of marketing, such as physical signs on lampposts and brochures, to capture the attention of potential…

7 start-ups get $385k to develop blue economy solutions

Climate resilience venture launcher Triggering Exponential Climate Action (TECA) has announced the selection of seven startups to each receive $55 000 in funding to…

Grey empowers African freelancers, digital nomads

Grey, a Nigeria-founded start-up that provides access to foreign accounts for African freelancers and digital nomads, has reaffirmed its dedication to providing cutting-edge and…

Africa’s top start-ups off to Copenhagen for GSA finale

Winners of last year’s African Startup Awards will be traveling to Denmark’s capital, Copenhagen, in March to showcase their solutions to some of the…

Oikocredit invests $5m in Yellow to grow solar energy market

The African fintech start-up Yellow, a supplier of pay-as-you-go off-grid solar solutions and appliances, says a $5-million loan from social impact investor Oikocredit enables…

#SAIS2022: Innovation Fund pays out R469m in 18 months

“Every deal makes a difference to small business because those business owners contribute more to local economies than anyone else.” This is the view…

$50m Knife Fund III to drive innovation in Africa

Standard Bank and the SA SME Fund have joined other investors in backing venture capital firm Knife Capital’s new $50 million African Series B…

i3 picks 30 African healthcare start-ups for new $7m fund

Investing in Innovation (i3), a pan-African support initiative for African health supply chain start-ups, has announced its first cohort of 30 companies. Selected start-ups…

Baobab invests $200k in 4 new African start-ups

The Baobab Network, a Nairobi-based accelerator that invests in early-stage tech companies across Africa, has announced its latest cohort of four investees, each of…

Alitheia IDF leads $11m investment round in SweepSouth

SweepSouth, an online home services platform with presence across Africa, today announced that it has completed an $11 million investment round led by Alitheia…

How tech start-ups can navigate working with corporate SA

According to McKinsey, between 2020 and 2021, the number of tech start-ups in Africa tripled, with almost half of these being fintechs. These tech…

Cape Town healthtech start-up offers home-based services

People in need of healthcare services no longer need to visit hospitals and GP practices where they will be made to wait until a…

Locumbase celebrates Grindstone Ventures funding deal

Locumbase, an independent online medical booking platform, secured an undisclosed funding round from Grindstone Ventures as they ready for exponential growth. Founded in 2016…

Cape Town start-ups urged to join Bootcamp to Boardroom

Start-ups wanting to scale, gain access to mentors and investors, and a well-connected peer-to-peer network that will take their business to the next level…

IoT start-up CATi uses tech to fight vandalism

While state-owned entities and businesses are forking out billions of Rands to fight the scourge of infrastructure vandalism that has plagued South Africa, a…

‘Lean start-up, economies of scale aren’t what you want’

The concept of lean start-ups has now become firmly embedded in popular business jargon and the preferred way to develop new projects for many…

Meet the 60 black-founded start-ups now funded by Google

Internet giant Google has released the names of the 60 black-founded start-ups across Africa who have been selected for the second cohort of its…

Egyptian food delivery start-up seeks $10m in seed funding

Billed as the first mobile app in the country’s food-tech industry to specialise in table and meal reservations, the Egyptian start-up Bonbell has closed…

SweepSouth grows from start-up to pan-African marketplace

In many respects, there’s never been a better time to launch and grow an African start-up. The continent is home to a growing labour…

Octiv closes eight-figure series A round with Knife Capital

The South African gym management software platform Octiv has reached a monumental milestone in closing their eight-figure series A funding round from a leading…

African mobility fintech Moove joins forces with Uber

Moove, an African-born start-up with a growing global customer base of mobility entrepreneurs, has launched in Europe with an electric vehicle rent-to-buy model that…

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