Venture capital

Nigerian fintech startup BFREE secures funding

Lagos-based fintech startup BFREE has secured an undisclosed amount of funding in a seed round led by Nigeria-based Beta.Ventures alongside Launch Africa Ventures and…

Startup Circles secures R2.1-million investment

Startup Circles, an innovative practical business school for entrepreneurs that assists entrepreneurs in scaling their business and becoming investor-ready has secured R2.1-million in funding…

Cameroon fintech secures $3-million

Douala-based fintech company Maviance PLC has secured $3-million in a seed investment round led by MFS Africa, the pan-African digital payments hub. Cameroon fintech…

Cape Town edtech iXperience secures $2.5-million

Cape Town-based edtech company iXperience has secured $2.5-million in a Series A funding round led by Kalon Venture Partners and Caleo Private Equity. iXperience…

Local foodtech startup secures funding

Cape Town-based food tech startup Kombo King has secured an undisclosed amount of funding from The Vumela Fund, established by FNB Business and Edge…

Joburg-based fibrePOYNT receives funding to provide internet to townships

South Africa’s Department of Science and Innovation’s entity The Technology Innovation Agency (TIA) has announced that it is funding the distribution of antenna-based high-speed…

Kenyan insurtech startup secures $1.8-million

Nairobi-based insurtech startup Lami Technologies has secured $1.8-million in a seed funding round led by Accion Venture Lab with participation from AAIC, Consonance, P1 Ventures,…

Data marketplace tech startup secures early-stage funding

CARMA, a data marketplace tech startup that aims to fill the gap in the credit reference and lending space where credit history and other…

Egypt logistics startup ILLA receives $500 000 in funding

Egypt-based logistics startup ILLA, has received a reported $500 000 in funding from Averroes VC, AUC Angels, and a group of local and regional…

Egypt’s Brantu secures seven-figure funding

Egypt-based startup Brantu, an eCommerce fashion online platform has secured an undisclosed seven-figure amount of funding in a Series A round led by Sawari…

Local agritech startup secures $1.5-million in funding

South African agritecth startup, swiftVEE has secured $1.5-million in an investment round led by Subtropico Ltd, an unlisted public company specialising in Agri investments…

Kenyan agritech startup secures $220 000 funding

Farmers Pride, a Kenya-based agritech startup has secured a reported $220 000 in funding from US-based impact investor, Gray Matters Capital. The inclusive agritech aims…

Kenyan-based tech startup secures funding

Kenyan startup, Data Integrated has received an undisclosed amount of funding from venture capital firms, Toyota Tsush, and CFAO. The funding received will be used…

Agritech innovation fund worth $50 000 open for applications

FarmCrew has created an innovation fund that awards 10 African founded agritech startups an opportunity to receive a $50 000 investment fund. This fund…

Nigerian fintech startup receives $25 000 in funding

Nigeria-based Venture Capitalist firm, Microtraction has invested $25 000 in Evolve Credit, a loan and financial marketplace aimed at assisting Nigerians to select the…

Local healthtech startup secures R10-million funding

South African-founded and based healthtech startup, Udok has raised R10-million in a seed round of funding from FinX Capital, a local venture capital firm. …

Kenyan healthtech startup secures $1.1-million funding

Ilara Health, a Kenya-based health tech startup has received $1.1-million in grant funding from the Bill and Melinda Gates Foundation. The funding will be…

New capital fund of $30-million launches for Southern Africa SMEs

Secha Capital, a Southern African investment impact firm that provides long-term capital to established SMEs, has announced the closure of its second fund worth…

Cape Town-based insurance platform receives multi-million rand investment

SixThirty, a US-based tech venture fund has invested in Cape Town-based InsureTech company, Click2Sure. This is the first time the US-based venture fund has…

Carscan secures funding from leading SA VC investors

A cutting-edge South African tech startup, Carscan, has secured an undisclosed amount of investment funding from Kalon Venture Partners, IDF Capital, and a private…

West African solar startup secures $5-million in funding

Easy Solar, a West African renewable energy startup has secured $5-million in a round of funding. This included a $3-million Series A Equity round…

Nigerian based drone tech startup secures $100 000 funding

A Nigerian based drone software and tech startup has received funding from a company based in the UK. The startup titled, Airsmat, received $100 000…

New Venture Capital firm for African tech startups launches

A new Venture Capital fund titled, Plus VC (+VC), has launched and announced the start of a $60-million debut fund targeted at investing in…

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