Venture capital

Moove raises $105M in Series A2 round to power global expansion

Nigeria’s pioneering mobility fintech Moove attracted four new investors in a successful $105 million Series A2 funding round. AfricInvest, MUFG Innovation Partners, Latitude, and…

This is why Nestlé launched its Hatcher innovation platform

Nestlé, the consumables giant, recently launched Nestlé Hatcher whose “fundamental goal is to work collaboratively with start-ups to identify sustainable and scalable solutions that…

IFC participates in $13.5M Antler East Africa Fund

Early-stage investor Antler closed its oversubscribed East Africa investment fund at USD 13.5 Mn to continue to support early-stage tech start-ups in the region. The bumper…

Google.org announces $1M grant to funding support women entrepreneurs

Google has announced that its philanthropic arm, Google.org, is committing R15.3 million in charitable funding to support programs helping women entrepreneurs to grow their…

CrowdForce raises $3.6M during Series A

HAVAÍC, Aruwa Capital Management (Aruwa), and Asian African Investment & Consulting (AAIC) have announced a joint US$3.6 million pre-series A investment in CrowdForce. Empowering Nigeria’s underserved and unbanked population, the financial…

Fintech group, Capital Appreciation Limited, acquires Responsive Technology

South African fintech group, Capital Appreciation Limited has acquired the Responsive Technology group for the purchase price of R48,68 million. The acquisition includes 100% of…

South African cryptocurrency exchange raises $50M in oversubscribed Series B

VALR.com, a cryptocurrency exchange headquartered in South Africa, has raised $50 million (over R750 million) in Africa’s largest ever crypto funding round. This values…

SA prop-tech venture builder secures investment

Cape Town-based Castle One, a prop-tech venture capital and private equity organisation has reportedly secured a notable investment from HL Hall and Sons Holdings (‘Halls’)….

Nigerian tech startup secures $200-million in funding

New York-based but founded in Africa, Andela an innovative tech startup has secured $200-million in a Series E funding round led by Softbank Vision Fund 2* with…

Nigerian healthtech platform 54gene secures $25-million

Nigerian healthtech platform 54gene has secured $25-million in a Series B funding round led by Cathay AfricInvest Innovation Fund. The round also included participation from Adjuvant Capital, KdT Ventures, Plexo…

Nigerian agritech secures $4.2-million in seed funding and grants

Lagos-based agritech startup Releaf has secured $2.7-million in a seed funding round led by Samurai Incubate Africa, Future Africa and Consonance Investment Managers with participation from…

African fintech platform Finclusion Group secures $20 million in funding

African fintech platform Finclusion Group has secured $20 million in a funding round with debt financing provider, Lendable. Announced on 14 September, the company…

Cape Town healthtech Aviro secures funding

Cape Town-based healthtech Aviro Health has secured an undisclosed amount of funding in a pre-series A funding round led by ASISA ESD Fund (managed by Edge…

To create jobs, SA needs a tech-enablement bridge (we need Domino’s, not Google) [Opinion]

No matter your politics, everyone in South Africa can agree that we need more jobs and that we need to create more jobs now….

Kenyan fintech secures seven-figure in seed funding

Nairobi-based fintech Pezesha has raised a seven-figure seed extension from GreenHouse Capital, a leading African fintech investment fund. Pezesha has secured an undisclosed seven-figure…

Nigerian tech startup Kuda secures $55-million in Series B funding

Kuda, a digital bank that operates in Nigeria has secured $55-million in a Series B funding led by an undisclosed investor. In a social…

E-logistics platform secures $150 000 in seed funding

Uganda-based e-logistics tech startup Ridelink has secured $150 000 in a pre-seed funding round led by Ortus Africa Capital, Omidyar Network and African Leadership…

African fintech pawaPay secures $9-million

African fintech pawaPay has secured $9-million in a seed funding round co-led by MSA and UK-based investment fund 88mph, with participation from Vunani Capital, Kepple Ventures and Zagadat Capital. pawapay has secured…

Egypt tech startup secures $15-million investment

Cairo-based B2B eCommerce platform and tech startup MaxAB has secured $15-million in investment funding from a previous undisclosed investor. In addition, the rapidly growing tech startup…

Innovation Edge calls for pitches for SA ventures focused on positive parenting by fathers

Investor Innovation Edge has put out a call for pitches for ventures that have solutions that increase the positive involvement of fathers and father…

Kenyan tech startup secures $475 000

Nairobi-based tech startup, CashBackApp has secured $475K in a pre-seed funding round led by Lofty Inc, Sherpa Ventures and Loyal VC with participation from…

Joburg startup investment platform Merge partners with 100 VCs

Johannesburg-based startup investment platform Merge has announced that it has partnered with 100 Venture Capital (VC) investors since early 2021. The company’s number of…

Bolt raises R10.3 billion to boost grocery delivery service

E-hailing platform Bolt has closed a R10.3 billion funding round with it set to expand its new grocery delivery service, Bolt Market. Announced on…

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

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South Africa’s online grocery boom signals digital shift

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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