Africa’s booming tech scene has no shortage of unicorn dreams and startup success stories. But behind every breakout company is often a network of…
Egypt’s Pravica raises $500k in round led by 500 Startups
Cairo-based startup Pravica has landed a $500,000 investment in a pre-seed round. The round was led by 500 Startups, with the participation from Modus…
Egyptian food delivery startup Mumm lands investment from Alexandria Angels
Egyptian startup Mumm has raised an undisclosed amount of investment from Alexandria Angels, tech publication Menabytes has reported. Menabytes said in an article last…
Nigeria’s Stears raises $600k from Omidyar Group’s Luminate, other investors
UPDATE (8 May 2020): We had it initially that Luminate led this round. However, A Luminate representative subsequently contacted Ventureburn to point out that…
Nigerian fintech Okra nets $1m investment from TLcom
Nigerian fintech platform Okra has secured a $1-million pre-seed investment from Nairobi and London based venture capital (VC) firm TLcom Capital. Okra, which launched…
