Venture capital

Joburg startup investment platform Merge partners with 100 VCs

Johannesburg-based startup investment platform Merge has announced that it has partnered with 100 Venture Capital (VC) investors since early 2021. The company’s number of…

Bolt raises R10.3 billion to boost grocery delivery service

E-hailing platform Bolt has closed a R10.3 billion funding round with it set to expand its new grocery delivery service, Bolt Market. Announced on…

CDI’s Growth Fund opens grant applications for growing SMMEs

The pandemic has seen businesses large and small offer free goods and services, grants and other support to small enterprises, reflecting the heart and…

Woman-led edtech Ambani wins I’M IN 2021 accelerator

Mukundi Lambani, founder of Ambani Africa, an interactive African-language based early childhood edtech, has been announced as the winner of the third cohort of…

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…

Nigerian edutech startup secures $7.5-million

uLesson, a Nigeria-based edutech startup has secured %7.5-million in a Series A funding round led by Owl Ventures and existing investors TLcom Capital and Founder Collective inclusive of a new…

Nigerian tech startup secures $38-million

Based in Lagos, Nigeria, Daystar Power, a startup providing solar power solutions to businesses in the region, has secured $38-million in a Series B…

Ghana fintech startup secures $700k investment

OZÉ a Ghana-based fintech startup has secured $700k in capital from a seed round with investment from Anorak Ventures and Matuca Sarl and angel investors including Nigeria’s Rising…

Kenyan startup secures $85-million funding

Gro Intelligence, an AI-powered insights company, has secured $85-million in Series B funding co-led by Intel Africa, Africa Internet Ventures, and several other investors…

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…

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