Venture capital

SA edtech Snapplify snaps up over R29m in expansion capital from funders

Cape Town edtech company Snapplify announced today that it had raised $2-million (over R29-million) in expansion capital. The money was raised from two SA…

Egypt’s Career 180 raises $100k in seed funding from EdVentures

Cairo-based career advising platform Career 180 has raised a $100 000 seed funding round from EdVentures, the venture capital (VC) arm of Egypt’s Nahdet Misr Publishing…

Tunisian fashion marketplace Dabchy raises $300k seed round

Tunisian peer-to-peer fashion marketplace Dabchy has raised a $300 000 seed round led by 500 Startups. Dabchy announced in a statement earlier today that Flat6Labs,…

SA had bumper VC year in 2018 with investments up 31% over 2017, reveals report

Venture capital (VC) had a bumper year in South Africa in 2018, with southern African VC funds having made investments of over R1.5-billion last year…

SA online shopping service Yebo Fresh secures funding from E4EAfrica founders

Cape Town based online shopping service Yebo Fresh has announced that it has secured investment from two SA based angel investors — Bas Hochstenbach…

Is spike in energy deals evidence that Section 12J funds are driving VC boom in SA?

Is a massive spike in energy deals last year evidence that a 2008 venture capital (VC) tax incentive is behind South Africa’s 31% increase…

Raising funding in Africa? Here are 12 venture capitalists you should know about

If you’re reading this, chances are you’re a tech startup founder who is looking to raise venture capital (VC) funding. The good news is…

It’s like Standard Bank has almost outsourced SME credit book to us – Merchant Capital founder [Updated]

UPDATE (5 September 2019): For accuracy’s sake, following a call from Merchant Capital CEO and founder Dov Girnun, we have updated the headline of this…

SA duo behind Erada Technology Alliance secure €288k grant from De Beers

Biotech startup Erada Technology Alliance — which was founded last year by two SA doctors — has secured a €288 000 grant from the De Beers Group for…

Accion Venture Lab to invest at least $4.5m in African fintechs with new fund

Accion Venture Lab, the seed investment initiative of US-based non-profit Accion, has launched a new $23-million fund aimed at fintech startups that focus on…

SA’s OneCart looking to close Series-A funding round at end of this month reveals CEO

Having clinched seed funding of under R10-million early last year, SA grocery delivery startup OneCart is looking to close a Series-A round by the…

SA startup Bulrush Agritech nets R250k from angel investor

SA agritech startup Bulrush Agritech has revealed that it has landed R250 000 in angel funding, an investment it sourced while taking part in the first cohort…

PEG Africa raises $5m in debt funding from ElectriFI

Accra-based pay-as-you-go solar company PEG Africa has raised $5-million in funding in the form of debt finance, from the EU-funded Electrification Financing Initiative (ElectriFI). PEG…

Sun Exchange looking to raise R7m through crowdfunding platform Uprise.Africa

SA fintech Sun Exchange, which claims to run the world’s first peer-to-peer solar leasing platform, has launched a bid to raise R7-million via equity crowdfunding…

Leapfrog Ventures CEO reveals $100k investment in Kenya’s MPost was concluded last year

Leapfrog Ventures CEO Takumo Terakubo has revealed he invested $100 000 in Kenyan virtual postbox startup MPost. The investment was made last year, he said….

Our $600k seed round was raised in January, reveals Egyptian fintech NowPay

Egyptian fintech NowPay revealed today that a $600 000 seed round that it raised from Endure Capital and 500 Startups — which was reported by various…

Egyptian grocery delivery platform Trolley secures $200k

Trolley, a Cairo-based grocery delivery platform founded last year, has secured a $200 000 seed investment. Tech publication MenaBytes reported in an article yesterday (27…

Standard Bank leads $4m investment round in SA fintech Nomanini [Updated]

UPDATE (27 August 2019): We neglected to mention in the initial version of this story that Dutch impact investor Goodwell Investments also participated in the…

Fincheck has landed R4.4m from investors reveals founder

SA startup Fincheck has netted R4.4-million in investment from two investors, Benatar Capital and Parktown Capital, the startup’s founder Michael Bowren revealed yesterday. Fincheck allows consumers to…

$40m Palladium Impact Fund to focus on agribusiness, off-grid clean energy

A $40-million fund launched last week by Australia-based global impact firm Palladium aims to invest in agribusiness value chains and off-grid clean energy ventures in Ghana, Kenya…

Fincheck acquires stake in FundingHub, takes over management of platform

Fincheck — a SA startup that allows consumers to compare financial services products — has taken an undisclosed minority stake in FundingHub and has also assumed full…

ABAN, research firm Briter Bridges partner to map Africa’s investment landscape

The African Business Angel Network (ABAN) has partnered with Briter Bridges, a London-based think-tank and data driven research firm, to map Africa’s investment landscape….

Are these six, SA’s most important venture capitalists?

Who would you turn to if you were a SA tech startup looking for venture capital (VC)? South Africa’s VC sector has grown substantially…

Disney reveals everything coming to Disney+ this November

Zoe Kravitz is the new Catwoman and Twitter loves it

Can entrepreneurial parents inspire their children to follow in their footsteps? [Sponsored]

SA digital consultancy Enlight Strategic signs deal with Israeli startup Oribi

Up to $25k in funding up for grabs in global accounting, finance accelerator

Interest-free loans, investment on offer in Cell C Innovation Challenge

‘Fortnite’ is far from dead as ‘Chapter 2’ teaser trailer leaks

Rapoo reviews: the 8000M is a cheap combo for the mobile office

‘Fortnite’ explosion leaves fans with nothing but a black hole

What other parts may need to be replaced with my windscreen? [Sponsored]

African car company Mureza to debut Prim8 mini-SUV at Automechanika Johannesburg

2020 Nissan GTR 50th Anniversary edition hits SA, starts at R2.4m