Venture capital

Ugandan insurtech startup secures $1.2-million

Bamako-based insurtech startup OKO has raised $1.2-million in a seed investment round led by Newfund and ResiliAnce with participation from Mercy Corps Venture, Techstars,…

Nigerian fintech Okra secures $3.5-million investment

Lagos-based fintech startup Okra has secured $3.5-million in a seed funding round led by US-based Susa Ventures, with participation from existing investors TLcom Capital, and newly joined Accenture…

Local fintech Payflex secures funding

Johannesburg-based fintech startup Payflex has secured an undisclosed amount of funding from Australian-listed multinational Zip Co Limited (ASX: Z1P), a buy now pay later player with a…

Samurai Venture secures over $18-million for Africa fund

Japanese headquartered venture capital (VC) firm Samurai Incubate Africa has secured over $18-million ( Yen 2.026-billion) towards its second Africa fund from 54 corporate and…

Egypt eCommerce startup secures six-figure funding

Giza-based eCommerce tech startup Kemitt has secured an undisclosed six-figure amount in funding from a group of Saudi Angel investors. Kemitt has secured an…

South African cryptocurrency platform raises R58.5-million

Cape Town-based cryptocurrency investment platform Revix has raised R58.5 million in off-shore capital funding. Revix raises R58.5 million in off-shore capital funding The funding…

Joburg healthtech startup secures undisclosed seven-figure funding

Quro Medical, a South African health tech startup that has created Africa’s first technology-driven hospital at home offering, has secured an undisclosed seven-figure USD…

Five South African crowdfunding platforms

Ventureburn has highlighted five crowdfunding platforms that aim to assist startups with funding. The Covid-19 pandemic has highlighted the importance of supporting local businesses…

Five South African Venture Capital firms

Funding is an integral part of upscaling a startup and one of the main mechanisms to access capital is through venture capital companies. Securing…

Ten important tips for entrepreneurs to raise Venture Capital

Ventureburn’s second webinar held in partnership with Kalon Venture Partners, a registered Section 12J Venture Capital Company will take place on 6 October at…

Innovation Fellowship Programme secures funding

Impact Africa Network’s Innovation Fellowship programme has secured funding from three Silicon Valley tech leaders. The undisclosed amount of funding donation will assist to…

Solarise Africa secures $10-million investment

Kenya-based clean and renewable energy leading company, Solarise Africa has secured $10-million in funding from a Series B investment round from French development finance…

Seven African tech startups receive funding

MEST Africa has announced its funding round of $700 000 for seven selected African tech startups that have graduated from its 2020 training programme. …

Guide on how to access funding from Kalon Venture Partners

Kalon Venture Partners, a registered Section 12J Venture Capital Company has prepared a guide on how startups can become investee’s in their company along…

SA healthtech startup secures seed investment

Syked, a South African healthtech startup has raised an undisclosed seed investment round from HaloCare. The undisclosed funding will allow the startup to scale…

Report reveals record investment in local venture capital landscape

The latest report by The Southern African Venture Capital and Private Equity Association (SAVCA), titled the SAVCA 2020 Venture Capital Industry Survey has revealed that…

SA edtech startup receives $7-million investment

South Africa edtech startup, Valenture Institute has secured a $7-million investment from Coursera investor, GSV Ventures. The investment will be used towards the high-tech enabled boutique…

Report indicates 70% of Nigerian startups face funding challenges

A white paper, titled “Protecting Nigeria’s Entrepreneurial Future” has revealed that 70% of Nigerian startups and scaleups are facing funding challenges due to the impact…

SA startup secures $3.3-million in funding

South Africa and Malawi-based tech startup, Yellow, has secured $3.3-million in a Series A Equity Financing Round. The funding was received in a Series…

Local proptech company HouseMe secures funding

Cape Town-based proptech startup HouseME has secured an undisclosed amount of funding from new and existing investors. HouseME has secured an undisclosed amount of…

African startups scoop $75 000 in investments

Startup Circles.ai has announced 13 of the top emerging startups from around Africa and four of the selected winners being offered deals totalling $75,000…

Local proptech startup secures funding from UK investment firm

Roundr, a Cape Town-based proptech startup has secured a disclosed amount of venture capital funding from i7V, a UK-based investment firm. The funding will…

Egypt-based food-tech startup secures six-figure seed funding

Egypt-based food-tech startup Ordera, a mobile application focusing on enhancing the pick-up and drive-thru experience in the food and beverage industry, has announced the…

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