Venture capital

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…

New grant programme launches for SA small businesses

Globally popular and widely used social media platform, Facebook has launched a grant programme to provide funding for over 200 eligible South African small…

SA female-owned startup receives R4.2-million investment

Job Crystal, a female-founded startup, has received R4.2-million in funding from Enygma Venture’s Shift Fund. Applications for the Shift Fund are still open and…

Standard Bank acquires 35% stake in fintech, TradeSafe

Standard Bank has acquired a 35% equity stake in digital escrow company TradeSafe Escrow. The partnership will allow for TradeSafe to target commodity and M&A transactions…

Cape Town-based tech startup secures $6-million funding

An award-winning AI manufacturing company and South African tech startup, DataProphet, has raised $6-million in funding. The innovative tech startup aims to utilise the…

Egypt startup Paymob raises $3.5-million

Paymob, an Egyptian founded digital payment provider has announced that it has raised $3.5-million in investment funding. The investment will be used to expand…

Are these SA’s 11 biggest disclosed VC deals in 2019? [Updated]

UPDATE (20 and 23 December): This article was updated to correctly state that SweepSouth’s R30-million raise from Naspers Foundry was part of a R60-million…

Africa-focused fintech Chipper Cash raises a further $6m

San Francisco based fintech startup Chipper Cash announced yesterday that it had raised a further $6-million, in a seed round led by California-based Deciens…

Egyptian online dental marketplace DentaCarts nets $450k investment

Egyptian online dental marketplace DentaCarts has raised $450 000 from AUC Angels, African health-care investor Asia Africa Investment & Consulting and 500 Startups. Earlier…

SA’s GotBot to use R2.5m investment to grow SaaS platform, says founder

SA artificial intelligence (AI) solutions startup GotBot plans to use a R2.5-million investment it raised from SA venture capital (VC) firm Capaci.Tech earlier this…

Kenyan AI startup UTU raises $500k round from Japanese VCs

Nairobi-based artificial intelligence startup UTU has raised $500 000 in a round in which at least two Japanese venture capital (VC) firms participated in….

SA startup 3X4 Genetics lands $2.5m VC deal to market offering in the US [Updated]

The SA founders of biotech startup 3X4 Genetics have landed $2.5-million in investment from US venture capital (VC) fund Alethea Capital Management. Founded by…

Microtraction invests in Ghanaian fintech startup Bit Sika

Lagos-based early-stage investor Microtraction announced yesterday that it has invested in Ghanaian fintech startup Bit Sika. The Accra-based startup provides a money transfer service which…

Kenyan insurtech startup Turaco raises $1.2m seed investment [Updated]

Nairobi-based insurtech startup Turaco has raised a $1.2-million seed investment which it intends to use to further scale its operations across Africa. Turaco, which…

Vinny Lingham linked VC fund has secured 20% of Mara Phone’s SA master franchise [Updated]

UPDATE (14 January 2020): While Silicon Valley based SA entrepreneur Vinny Lingham is linked to the LionPride Agility Fund, which secured a 20% cut…

How to land funding with Vinny Lingham’s LionPride Agility Fund

SA has a new-ish tech fund on the block, the R500-million LionPride Agility Fund — linked to Silicon Valley based SA entrepreneur Vinny Lingham….

Partech made eight deals in 2019 from its Africa fund, but who did it invest in?

Global investment firm Partech has announced that its Partech Africa fund completed eight transactions this year — including six new deals and two-follow-on investments….

Egyptian on-demand mobile phone repair startup iFix raises investment from A15

Cairo-based on-demand mobile phone repair startup iFix has raised an undisclosed investment from A15, an Egyptian firm that invests in digital products and technology…

EXCLUSIVE: Intergreatme’s over R32m crowdfund – reduced to R6m after ‘suspect pledges’

A SA startup which hit the headlines earlier this year for having raised one of the biggest equity crowdfunding rounds in South Africa, has…

We’ve netted $150k from VC fund, reveals SA-born founder behind SpeechKit

An SA-born man is behind a US registered startup that has landed $150 000 from US venture capital (VC) fund, Newark Venture Partners. The…

Khula set to launch agritech platform to public, after netting undisclosed investment

Johannesburg-based agritech startup Khula is preparing to open its marketplace that helps small-scale farmers to the public, early next year, after last month securing…

The tech sector in SA is still a hot place to be [Opinion]

South Africa’s economic outlook may be gloomy, with annual growth forecast to barely past 1.5% over the next three years, but things are still…

Acer’s New Nitro AI Gaming Gear Is Here—But Is It Worth It for South Africans?

R19,000 for Bass? Sony Tests South Africa’s Audio Appetite

Tech Stocks Tank – Can SA Survive a Global Meltdown?

SA Business Confidence: Fintech Lula Sounds Alarm on SME Reality

Why MVNOs are gaining ground — and how Huge NXTGN is accelerating the shift

Acer Unleashes Beastly New Predator BiFrost and Nitro GPUs with AMD Radeon RX 9000 Series

Philips Evnia Drops Jaw-Dropping QD OLED Monitors: 240Hz, Ambiglow, and All the Good Stuff

Microsoft launches new Surface devices in new AI era

Gravity is a true driver’s EV SUV

L2 charging and the power of dwell time

Tires and tariffs