Venture capital

SA founded water drone startup Ranmarine Technology lands Series-A investment

Netherland-based startup RanMarine Technology, founded by South African Richard Hardiman, has netted a Series-A investment from European investor Boundary Holding. The startup has designed…

SA startup Carry1st raises $2.5m seed round

Cape Town based startup Carry1st, which is looking to use games to build what could be Africa’s first super app, has raised seed round…

SA tech company Wyzetalk in ‘multi-million’ euro investment from Dutch investors

SA founded tech company Wyzetalk it has landed a “multi-million” euro investment from Dutch investment company CNBB Venture Partners. Wyzetalk — which helps connect large…

SA insurtech Inclusivity Solutions nets $1.3m in second tranche of Series-A round [Updated]

Cape Town based insurtech startup Inclusivity Solutions has secured a $1.3-million investment in the second tranche of its Series-A round, the startup announced in…

Ghanaian startup mPharma raises $17m investment

Ghanaian healthtech startup mPharma has reportedly raised a $17-million investment. The Accra based medicine benefits and inventory manager, which was founded in 2013 by…

Kenya’s Mesozi Group nets $350k for its MarketForce 360 retail platform

Kenyan tech company the Mesozi Group has landed a $350 000 investment to fund the expansion of its retail tech platform MarketForce 360. The investment came…

Edtech startup Syafunda lands R2.5m investment from Edge Growth

SA edtech startup Syafunda has received a R2.5-million investment from Edge Growth which will allow the startup to scale its platform to meet the…

VC4A announces 12 startups selected for its 2019 Series-A Venture Showcase

African funding platform VC4A has announced the 12 companies selected for its 2019 Series-A Venture Showcase. The founders of the 12 companies will showcase their…

Egyptian online print shop PrintX raises $150k from a Saudi angel investor

PrintX, a Cairo-based online print shop, has raised $150 000 from Saudi angel investor Mohamed Elbazz. Tech publication MenaBytes reported in an article yesterday…

10 questions startup founders should ask before looking for funding

So, you’ve launched a startup and now you want to raise millions from a venture capitalist or angel investor. Hang on a second, do…

Egyptian health, beauty services startup Glamera raises $250k

Glamera, a Cairo-based health and beauty services startup, has raised a $250 000 seed round from an unnamed Saudi angel investor. The startup was…

Zambian fintech Zazu announces it’s raised $1.4m

Lusaka-based fintech Zazu announced yesterday in a blog post that it had raised $1.4-million in funding. The startup, which is registered in the UK…

Algerian ride-hailing startup TemTem raises $4m Series-A round

Algiers-based ride hailing startup TemTem has raised a $4-million Series A round from Luxembourg-based Tell Venture Automotive and other unnamed investors. TemTem was founded…

Egyptian B2B e-commerce platform MaxAB nets over $6m

Cairo-based B2B e-commerce marketplace MaxAB announced today that it has closed a $6.2-million seed round. MaxAB said in an earlier statement that the round…

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…

Uprise.Africa mulling offers from four investors for R40m Reeva documentary campaign

Two filmmakers are sitting tight while equity crowdfunding platform Uprise.Africa conducts due diligence on investment offers from four investors to fund My Name is…

My-iMali looking to raise R25m to save employers thousands of rands in bank charges

A SA fintech startup wants to save employers thousands of rands in bank charges by getting them to pay their employees through a new…

Celebrating Innovation: Redmi Note 14 Post-Launch Event in South Africa

How iGaming is becoming more accessible in South Africa

HP Ditches the 15-Minute Wait: Is This the End of Customer Service Hell?

GITEX Africa: Shaping the Future of Tech and Positioning Africa as a Global Powerhous

Gozem Secures $30M Series B to Fuel Super App Expansion Across Francophone Africa

Koop’s AI Housekeeper: Could This Be the Solution to SA’s Startup Compliance Headache?

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

Lucid CEO becomes strategic advisor

Golf 8.5 update with lots of Life

Tariffs trump US new car affordability needs