Venture capital

SA’s Travelstart announces investment deal with HarbourVest

SA travel booking company Travelstart yesterday announced that global private markets investment firm HarbourVest, which has $58-billion under asset management, will become a significant funding partner for…

Egypt’s Mintrics is raising a $500k funding round earmarked for US expansion

Egyptian social video analytics platform Mintrics is currently busy closing a $500 000 investment fund and intends to use the funding to expand to the…

SA startup GovChat announces it’s secured investment facility of up to R20m

Pretoria-based citizen engagement platform GovChat has secured an investment facility from JSE-listed firm Capital Appreciation, that will allow the start to tap up to R20-million…

Nigeria’s Gokada raises $5.3m Series-A round led by Rise Capital

On-demand motorcyle ride-hailing startup Gokada has announced that it has raised a $5.3-million Series-A round led by San Francisco-based Rise Capital. The Lagos-based startup…

Oui Capital led deal involving maritime startup MVX was for $100k

Lagos-based on-demand B2B maritime service Motor Vessel Xchange (MVX) has announced that an investment round it closed some months ago — which was led…

Jozi Angels Deal Day to highlight investing in startups

When you the words “tech startups” in South Africa come to mind, many still picture the city of Cape Town and the surrounding winelands. But…

Here’s how you can tap German investor Allianz X’s €1bn fund

Are you running a growth-stage company that’s part of the insurance industry? Then you could just be the kind of firm that German investor…

OnFarm Systems gains funding from Invested Development

Invested Development recently invested in OnFarm Systems, an agriculture technology startup that aims to combine software and hardware to provide a platform of information…

Fab receives $150 million in Series D funding, led by China giant Tencent

Fab, the gay social network turned ecommerce-design service with 14-million registered members, is now worth over US$1-billion after it received US$150 million in Series…

Startup Stock Exchange: global market for startup investing set to launch

On 10 June 10, 2013, the Startup Stock Exchange (SSX) will open its marketplace for startup investing and funding. On SSX, investors of any…

Bloomberg launches $75 million venture capital fund Bloomberg Beta

International news agency Bloomberg is taking a shot at the venture capital game with its new fund, Bloomberg Beta, which was launched yesterday and…

VC in South Africa: Where are we now? [Net Prophet]

“If this elevator goes down, so does the Cape Town VC industry.” That’s what Justin Stanford, co-founder of investment management group 4Di and 4Di…

With new asset class, Grovest wants to disrupt VC in South Africa

Grovest Venture Capital introduces a new asset class today. Investors are encouraged through incentives like tax relief as well as the growing attractiveness of…

A lack of funding in Malaysia? No way, says government-linked tech investor

Earlier this week, Malaysia-based media house The Star announced its latest US$6.59 million dollar fund to invest in technology startups. Other than the new…

The Star launches $6.59M fund to invest in Malaysian startups

Star Publications, a media company in Malaysia which also runs Star Publications, has just launched a MYD 20 million (US$6.59 million) fund to invest…

Singapore’s Nitrous.IO gets $1 million funding from Silicon Valley luminaries

Nitrous.IO, Action.IO’s software development platform and key product, just got US$1 million in seed funding from a handful of VC firms in Silicon Valley…

Microsoft, university, VC network team up to give SA startups a fighting chance

A new partnership between Microsoft’s BizSpark initiative and Find-Make-Grow-Realise (FMGR), a startup investment programme offered by the University of Cape Town’s Graduate School of…

Google-backed VC supergroup to startups: build us a killer Glass app!

We’re pretty big fans of Google Glass. This type of wearable computer has tremendous potential to augment our daily experiences, but we’re only starting…

Funding and South Africa’s tech startups [Infographic]

South Africa’s funding scene is cagey. It’s really hard to find concrete information, but it’s no surprise really, considering all the non-disclosure agreements. Silicon…

10 step guide to running a successful crowdfunding campaign

Hear ye, all you who are interested in raising capital but are sick of trying to convince the rich people to invest in your…

Can Africa accommodate Elon Musk-esque ambition?

“Young men with unlimited capital looking for interesting, legitimate investment opportunities and business propositions.” — Advert in the New York Times that led to…

Seed accelerator 88mph gets a VC boost from 4Di Capital

Independent early-stage VC fund, 4Di Capital is investing in 88mph, the African seed accelerator. Details of the deal remain under wraps, but CEO and…

500 startups now accepting investment online through startup nexus AngelList

500 Startups, the Silicon Valley accelerator with a penchant for emerging markets, has opened fundraising for its Fund II through AngelList, the social network…

Productivity On A Large Screen

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Honor Magic V3, a Guinness world record attempt

Renault got design right in 2024

Nio Firefly brings Galaxy design to compact EVs

Google Cast and other Christmas goodies for Rivian