Venture capital

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….

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…

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…

SA prop-tech venture builder secures investment

Cape Town-based Castle One, a prop-tech venture capital and private equity organisation has reportedly secured a notable investment from HL Hall and Sons Holdings (‘Halls’)….

Nigerian tech startup secures $200-million in funding

New York-based but founded in Africa, Andela an innovative tech startup has secured $200-million in a Series E funding round led by Softbank Vision Fund 2* with…

Nigerian healthtech platform 54gene secures $25-million

Nigerian healthtech platform 54gene has secured $25-million in a Series B funding round led by Cathay AfricInvest Innovation Fund. The round also included participation from Adjuvant Capital, KdT Ventures, Plexo…

Nigerian agritech secures $4.2-million in seed funding and grants

Lagos-based agritech startup Releaf has secured $2.7-million in a seed funding round led by Samurai Incubate Africa, Future Africa and Consonance Investment Managers with participation from…

SA entertainment startup secures $225 000 investment

Cape Town-based entertainment startup Hitchat has secured $225 000 in a Series A funding round from undisclosed international investor partners. HitChat secures investment The…

SA edtech receives R9.2-million towards new campus

WeThinkCode, a South African edtech startup, has secured a R9.2-million investment from E Squared Investments towards the implementation of a new campus in KwaZulu-Natal. SEO…

Cape Town-based fintech secures $4-million

South African fintech startup Stitch has secured $4-million in a seed round of funding co-led by firstminute capital and Raba along with several other…

ImaliPay raises undisclosed amount in pre-seed funding

Kenya-based fintech startup ImaliPay has secured an undisclosed amount of pre-seed funding led by TEN13, an Australian venture capital firm, and several other investors…

Kenyan fintech startup secures $1.5-million in seed funding

Kenyan fintech and eCommerce startup Powered by People (PBP) has raised $1.5-million in seed funding led by Matt Kalish of DraftKings, TBD Angels among…

SA digital bank receives R1.6-billion investment

South African digital bank TymeBank has secured an investment of R1.6-billion from global investors. TymeBank has secured an investment of R1.6-billion from several global…

Angolan tech startup secures over $50 000

Luanda-based tech startup Deya has secured its first round of pre-seed funding of over $50 000 from a group of local angel investors. Deya…

Hlayisani Growth Fund secures R350-million

Hlayisani Capital, a pre-eminent African private equity investment, has secured R350-million in funding led by Standard Bank and prominent South African family offices. Hlayisani…

Nigeria’s first plant-based food tech startup secures funding

Lagos-based vegan food tech startup VeggieVictory has secured an undisclosed amount in a pre-seed round led by Sustainable Food Ventures, Capital V, Kale United,…

SA medtech startup receives $8.3-million investment

hearX, an early-stage South African-based global medtech disruptor, has secured an investment of $8.3-million led by Bose Ventures, a US-based venture capital group and with…

New Economy Accelerator receives Canadian $500k

The African Centre for a Green Economy, the coordinator for the New Economy Accelerator, has received $500 000 Canadian dollars from the Canadian International…

Kenyan logistics startup secures funding

Kenyan logistics startup Amitruck has raised an undisclosed investment led by Dynamo Ventures with participation from Plug and Play Ventures along with several angel investors….

South African fintech startup secures R10-million

Johannesburg-based fintech startup Mortgage Market has secured R10-million in a Series A funding round led by IDF Capital, a leading venture capital firm. Mortgage…

Stars From All Nations secures $250 000 funding

Stars From All Nations (SFAN), an education company that unlocks the potential of the youth, has raised $250k pre-seed funding from King Solomon’s Capital,…

Egypt healthtech startup secures $160k non-equity grant

Egypt-based healthtech startup, Dileny Technologies LLC (DilenyTech) has secured a $160K non-equity grant from the Information Technology Academia Collaboration (ITAC) programme affiliated with the…

Knife Capital’s African Series B Expansion Fund receives $10-million

A South African venture capital company, Knife Capital has secured $10million towards its Series B Expansion Fund from Mineworkers Investment Company. Knife Capital secures…

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