Venture capital

SA-owned LightWare receives $1.5-million investment

LightWare LiDAR, a South African company supplying world-class microLiDAR sensor technology to leading global companies has secured an investment of $1.5-million (R25-million) from Sanari…

West African startup receives over $1-million in funding

Energy+, a Malian-owned startup has received more than $1-million in funding from a consortium of financing partners. The funding includes equity and fully funded…

Egyptian startup secures six-figure seed funding

Glamera, a Cairo-based health and beauty services startup, has received a six-figure amount in seed funding from Saudi Arabia’s Dual Gate Investment Holding. Glamera…

Local healthtech startup receives investment funding

Guidepost, a diabetes telemedicine startup has received a joint investment from AlphaCode, the fintech investment of Rand Merchant Investment Holdings, and local investment fund…

Local AI and data annotation startup receives funding from E4E

Enlabeler has received an investment deal from the New VC fund Entrepreneurs for Entrepreneurs (E4E) Africa (see this story). E4E selected the innovative AI…

Microsoft SA invests R40-million in SA agriculture sector

Microsoft South Africa has announced an investment of up to R40-million in South Africa’s agriculture sector, which is one of the country’s critical industries driving…

Nigerian transport startup secures $300 000 investment

Plentywaka has secured $300 000 in investment funding and plans to launch in Nigeria’s capital. Plentywaka, the transport startup, has raised a $300,000 pre-seed…

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…

Fintech My-iMali scores investment from Crossfin after crowdfunding campaign fails

SA fintech startup My-iMali has landed an undisclosed amount in investment from fintech investor Crossfin to grow its digital wallet platform. The raise follows the…

Kenyan agritech startup Farmshine raises $250k from Gray Matters Capital’s coLABS

Nairobi-based agritech startup Farmshine has secured a $250 000 investment from US impact investor Gray Matters Capital‘s gender lens sector agnostic portfolio GMC coLABS. Farmshine operates…

Jobs Fund renews partnership with tech firm A2Pay, committing R161m for project

SA tech company A2Pay has landed R161-million from The Jobs Fund, a R9-billion fund which is managed by The National Treasury. The debt funding…

Egyptian startup Wasla raises $1m for its incentivised mobile browser

Wasla, a Cairo-based startup that has developed an incentivised mobile browser that rewards users with free mobile internet has raised $1-million in seed funding….

Egyptian waste management startup Bekia raises investment from Oman accelerator

Bekia, a Cairo-based waste management startup has raised an undisclosed six-figure dollar denominated investment from Oman accelerator OTF Wadi. Tech publication Menabytes reported in…

The Sun Exchange raises over R4.2m against R7m target, as crowdfunding campaign closes

The Sun Exchange, a SA blockchain-based solar panel micro-leasing marketplace, has raised over R4.2-million (about $300 000) from 288 investors through its equity crowdfunding campaign…

Credit platform Migo closes $20m Series-B round ahead of Brazilian expansion

US-based fintech startup Migo (formerly known as Mines.io) has closed a $20-million Series-B round led by Brazil-focused venture capital (VC) firm Valor Capital Group….

How VR Meditation Apps Like Realms of Flow and Others Are Redefining Our Connection with Reality

Transforming Healthcare in Africa with Technology

How forex trading is transforming startup investment strategies

How One Energy Project Could Reshape Climate Action

Microsoft launches new Surface devices in new AI era

Honor Magic V3 launches, four things to know

Honor Magic V3, a Guinness world record attempt

Trump wins – Tesla goes beyond $1 Trillion

Vivo update – a big safety gain

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