Venture capital

Endeavor Harvest Fund II closes as most active VC in SA

Endeavor South Africa has raised double its initial target for Harvest Fund II with R190 million raised in the fund’s final close. The fund…

Cape Town based Locstat raises investment from Grindstone Ventures

Cape Town based advanced analytics company, Locstat, has secured undisclosed amount of funding from Grindstone Ventures. Founded in 2016, Locstat enables customers to unlock…

Nigeria’s Kwik secures $2M in Series A funding round

French-Nigerian B2B startup Kwik, a provider of SaaS logistics services to social vendors and e-commerce platforms in Africa, has successfully closed its $2 million…

4DX leads $3M Eksab seed round

Egyptian fantasy football start-up Eksab raised $3 million is a seed round led by 4DX Ventures. The round also drew participation from Darwazah Capital,…

Nigerian agritech, ThriveAgric, raises $56.4M

Nigerian based ThriveAgric, a fast-growing technology-driven agricultural company, has raised $56.4M in debt funding from local commercial banks and institutional investors. The raise also…

Egypt fintech, Lucky, raises $25M in Series A

Lucky, the leading app in Egypt for credit products, offers and cashback rewards, has raised $25 million in a Series A funding round. The…

Susa Ventures leads $5M seed round to scale Powered By People

Susa Ventures led a $5 million seed round alongside Flexport Fund, Golden Ventures and JVentures that will enable global makers wholesale marketplace Powered by…

Recap: 2021 SAVCA Venture Capital Conference

The Southern African Venture Capital and Private Equity Association (SAVCA) represents about 170 members who manage more than R185 billion in assets and its…

BriteGaze joins Enza Capital in $1m Craydel pre-seed

Enza Capital led an early-stage investment round for Kenyan edtech start-up Craydel. The pre-seed round also attracted Reshaad Sha’s AI investment fund BriteGaze, along…

JUMO raises $120m from Fidelity and Visa in bumper funding round

Fintech start-up JUMO has raised $120 million with Fidelity, Kingsway Capital and Visa among the biggest participants in its latest round of funding. This…

Cape Town tech startup secures R7-million in funding

Cape Town-based online advertising tech startup Adbot has secured R7-million ($500 000) in capital raise from Enygma Ventures, an investment funding dedicated to supporting…

Egypt tech startup Breadfast secures $26-million in series A round

Cairo-based tech startup, Breadfast, a grocery delivery platform, has secured $26-million in a Series A round of funding co-led by Vostok New Ventures and…

Nigerian fintech startup Payhippo secures $3-million

Lagos based tech startup Payhippo has secured a reported $3-million in seed funding from several funders including; Ham Serunjogi and Maijid Moujaled, co-founders Chipper…

Stellenbosch financial edtech startup secures funding

Based in the Western Cape, FinMeUp has secured an undisclosed amount in funding from ZAQ Ventures (Venture Studio), a venture capital firm that focuses…

RecoMed raises $1.5m to scale online healthcare bookings in SA

Online healthcare bookings platform RecoMed is having a great October. Fresh from building a customized bookings platform for the Discovery Health Covid-19 vaccine roll-out,…

Nigerian automotive tech startup secures $13.1-million

Lagos-based automotive tech startup Autochek has secured a whopping $13.1-million in seed funding led by TLcom Capital and 4DX Ventures with participation from existing investors Golden Palm Investments, Enza Capital, Lateral Capital. In…

South African clean-tech start up secures investment

Johannesburg-based clean-tech startup Brayfoil Technologies has secured an undisclosed amount of funding from Katapult Ocean. In addition, the innovative tech startup has been selected…

Cape Town biotech startup secures investment funding

Based in Cape Town, BixBio, an African genomics startup has secured an undisclosed amount of investment funding from the Illumina Accelerator. BixBio has secured an…

Nigerian e-commerce startup secures $1.8-million in funding

Lagos-based e-Commerce tech startup Sendbox has raised $1.8-million in a seed round of funding from 4DX Ventures, Enza Capital, FJLabs and Golden Palm Investments. With participation from Flexport and YC Combinator. Sendbox secures $1.8-million…

Pan African fintech secures $1-million in pre-seed funding

African fintech Payday has secured $1-million in a pre-seed round from several investors including; LofyInc, Microtraction, Magic Fund, Ventures Platform, Voltron Capital, CcHub Syndicate,…

Nigerian tech startup secures $1.4-million in seed funding

Based in Lagos, Eden Life has secured $1.4-million in a seed funding round led by UK-based LocalGlobe, along with participation from Samurai Incubate, Future Africa, Village Global, Rising Tide Africa and Enza Capital….

South African edtech secures undisclosed amount of funding

Gauteng-based edtech company d6 Group has secured an undisclosed amount in investment funding from Knife Capital, Hlayisani Growth Fund Stellenbosch and NuState Ventures. Edtech…

Housing marketplace DigsConnect receives funding for #1000digs initiative

Student housing marketplace DigsConnect has received funding for its #1000digs initiative to house higher education students. The company received the funding from the Michael…

Productivity On A Large Screen

Everlytic Launches Cutting-Edge AI Studio with WhatsApp Chatbots for Smarter Communication

Everlytic’s new API Communicator feature enhances customer engagement across multiple channels

Savant Launches Savant Build Cohort 3 to Accelerate Deep-Tech Innovation in the Green Economy

Simplicity at scale: The role of leadership in agile transformation

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

GM switches-off Cruise control on $10bn robotaxi project

CHARGE taking EVs off-grid in the North West

eActros 300 and Zimi Charge creates EV win for Bakers