Venture capital

SA agritech Khula! launches app after closing R20m funding round

Joburg-based award-winning agritech Khula! announced the launch of their new app in a statement yesterday, after closing a R20-million seed round led by AECI…

New African VC aims to aid SMMEs with early-stage funding

Nigeria-based pre-seed and seed firm Voltron Capital announced its official launch in a statement last week. Close to two-thirds of startups want to raise…

Edtech Go1 is SA’s first unicorn after closing $200m round

Leading corporate edtech Go1 has announced the closing of a $200-million Series D funding round. The round skyrocketed the company into unicorn status, bringing…

Convergence Partners close Digital Infrastructure Fund at $120m

Private equity investor Convergence Partners has announced it has successfully closed its Digital Infrastructure Fund (CPDIF) at $120 million. The firm specialises in investment…

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…

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….

CDI Capital Growth Fund opens funding applications for small businesses

CDI Capital Growth has announced that it is opening applications for funding grants to help small businesses, with the aim to create 600 news…

Cairo-based telemedicine startup secures six-figure funding

Egypt-based telemedicine startup, Docspert Health has secured a six-figure seed funding investment from Flat6Labs and several other angel investors from the US and UK. Docspert…

Egypt life science venture secures $1-million

Labelled as Egypt’s biggest life science venture, Nawah Scientific has secured a second pre-series A round of funding amounting to $1-million in mixed equity…

Egypt fintech secures $1-million investment

Egypt-based fintech startup, Cassbana has secured $1-million in a pre-seed funding round led by Disruptech Ventures, an Egyptian fintech-focused venture capitalist fund along with…

Egypt edtech startup receives six-figure funding

Egypt edtech startup, Akhdar has secured a six-figure US dollar investment from EdVentures, an Egypt-based venture capitalist firm that focuses on investing in the…

West African solar startup secures $8.5-million

Senegal-based startup, Oolu has secured $8.5-milliom in a Series B round of investment led by RP Global, an independent renewable energy developer, and several…

Zambia micro-lending startup receives $650 000 investment

Zambia-based online microlending tech startup, PremierCredit has received a $650 000 investment from US Venture Capital fund, Enygma Ventures. Zambia-based startup receives $650 000…

Nigerian tech startup closes a six-figure seed round

Indicina, a Nigerian-based data-driven lending platform that aims to digitise the credit value chain has closed a six-figure seed round led by Green House Capital….

Kenyan healthtech startup secures $3.75-million

Ilara Health, a Kenya-based health tech startup has raised $3.75-million in a Series A funding round led by TLcom Capital with contribution from DOB Equity, Global Ventures, and Chandaria…

Egyptian payment app receives a six-figure investment

Egyptian mobile payments, and loyalty startup, Zeal Rewards, has announced the conclusion of an undisclosed six-figure round of Seed funding. The funding raised will assist…

Car subscription startup raises $10-million in debt finance

Planet42, a South African founded startup that focuses on car subscription has secured $10-million in a debt financing round from Lendable Inc, a US-based institutional…

InQuba closes expansion capital funding round

A world-leader in Customer Journey Management, inQuba, has announced the close of an expansion capital round from venture capital firm Knife Capital and leading African corporate and…

Enygma Ventures launches R120-million investment fund

US Venture Capital fund, Enygma Ventures has launched its last investment fund worth R120-million for 2020. The astounding investment fund is targetted at women-led businesses in…

Fund worth R1-million opens for local fintech startups

Imvelo Ventures, a South African venture capital company has launched an R1-million funding opportunity for innovative local fintech startups. Applications for the funding programme…

South African tech startup raises R2.2-million

LetMeIn.to, a local tech startup that has created an innovative software-based access management service, has secured R2.2-million in funding from an undisclosed impact investor. …

Mozambique startup secures $1.5-million

Mozambique-based startup, Chicoa Fish Farm, has secured $1.5-million in Series A funding from Goodwell Investments. Chicoa Fish Farm secures $1.5-million Series A Funding from Goodwell…

New VC fund launches for SA entrepreneurs to expand into Europe

A new VC fund, The Portugal Gateway Growth Fund will offer South African entrepreneurs and startups the opportunity to access the European market by providing funding…

The Great Smartphone Showdown: A Decade of Samsung vs. Apple

Samsung Brings Irregular Heart Rhythm Notification and Sleep Apnea Features to Galaxy Watch in South Africa

How Lyra and Courtne Marland are shaping communication with AI

Is the HONOR X9C the Right Smartphone for Startups and Entrepreneurs?

ALX South Africa Expands Digital Training as PYEI Report Highlights Youth Job Growth