funding

Enygma Ventures reaffirms commitment to investing in women entrepreneurs

US venture capital (VC) fund Enygma Ventures has reportedly funded 10 businesses across the SADC region and invested nearly $4-million in selected startups and SMEs. With…

SA biomedical engineering startup receives funding

Cape Town-based multi-medical device development startup Impulse Biomedical has secured an undisclosed amount in a venture capital investment from Futuregrowth. Impulse Biomedical has secured an undisclosed…

Nigerian tech startup Kuda secures $25-million

Kuda, a digital bank that operates in Nigeria has secured $25-million in a Series A funding round led by Valar Ventures, a New York-based…

Fund worth $25-million launches for early-stage African tech startups

Savannah Fund, a technology seed fund focused on investing in early-stage startups across sub-Saharan Africa has announced the launch of a $25-million fund. The…

SA private equity fund launches investment fund worth R350-million

Moshe Capital Fund Managers, a South African private equity company, has launched an investment fund worth R350-million and is actively searching for companies to invest…

Local car tech startup FlexClub secures $5-million

South African tech startup FlexClub, a car subscription marketplace, has secured $5-million in a seed round of funding led by Kindred Ventures. FlexClub secures…

Egyptian fintech Dayra secures $3-million

Cairo-based fintech startup Dayra has joined Y Combinator’s (YC) Winter 21 group and secured the largest debt and equity Pre-Seed round in the region…

African fintech startup secures $170-million

African fintech startup Flutterwave has secured $170-million in funding in a Series C round led by Avenir Growth Capital and Tiger Global Management LLC…

SA entertainment startup secures $225 000 investment

Cape Town-based entertainment startup Hitchat has secured $225 000 in a Series A funding round from undisclosed international investor partners. HitChat secures investment The…

US Venture capital fund searches for women entrepreneurs to invest in

Enygma Ventures has announced an open call for women entrepreneurs in Southern Africa as the US venture capital (VC) fund aims to invest in…

Cape Town-based fintech secures $4-million

South African fintech startup Stitch has secured $4-million in a seed round of funding co-led by firstminute capital and Raba along with several other…

ImaliPay raises undisclosed amount in pre-seed funding

Kenya-based fintech startup ImaliPay has secured an undisclosed amount of pre-seed funding led by TEN13, an Australian venture capital firm, and several other investors…

Innovative SA medtech startup receives funding

hearX, an early-stage South African-based global medtech disruptor, has secured an investment from Futuregrowth. hearX secures undisclosed investment amount from Futuregrowth Amrish Narrandes, Head…

Enygma Ventures extends funding application date

US-based venture capital firm, Enygma Ventures has extended the funding application to 15 January 2021. Applications close on 15 January 2021 Female applicants located…

Zambia micro-lending startup receives $650 000 investment

Zambia-based online microlending tech startup, PremierCredit has received a $650 000 investment from US Venture Capital fund, Enygma Ventures. Zambia-based startup receives $650 000…

Four Qualities VCs will look for in entrepreneurs in 2021 [Opinion]

This year has been difficult for everyone, but businesses have faced an especially tough time. A few startups have, however, risen above the storm,…

Fund worth R1-million opens for local fintech startups

Imvelo Ventures, a South African venture capital company has launched an R1-million funding opportunity for innovative local fintech startups. Applications for the funding programme…

South African tech startup raises R2.2-million

LetMeIn.to, a local tech startup that has created an innovative software-based access management service, has secured R2.2-million in funding from an undisclosed impact investor. …

Cape Town online retailer Yebo Fresh secures funding

Local online shopping service Yebo Fresh has announced that it has secured an undisclosed amount of Series A funding from E4E, Mark Forrester, Dale…

New micro financing VC fund for black women in tech launches

South Africa’s first solely black-woman-owned private equity fund for underrepresented tech startups, Khula Lula,Lula, has officially launched. Khula Lula is the country’s first solely…

New partnership to expand e-logistics technology solutions across Africa

In a reported first of its kind on the African continent, Imperial, a company focused on providing integrated market access and logistics solutions have…

Agritech innovation fund worth $50 000 open for applications

FarmCrew has created an innovation fund that awards 10 African founded agritech startups an opportunity to receive a $50 000 investment fund. This fund…

We should be funding camels, not hunting unicorns [Opinion]

Glenn Gillis, CEO, Sea Monster offers insight into his personal views on investing in camels, startups that are able to adapt and survive under…

Phase Two of COVID-19 vaccine rollout in South Africa to start on 17 May

The evolution of payments: Where small businesses can succeed [Sponsored]

The Coolest OG’s: SA game show to see elderly contestants compete for R100 000

Algebra Ventures launches $90-million fund to invest in startups

SU Techpreneurship programme connects students with tech internships

At any cost: The South African fraudsters who took the tech world for more than $40-million

Lil Nas X launches hellfire twerking game (NSFW)

New contract deals for Nintendo Switch announced

6 new Nokia smartphones announced across different price ranges

Toyota finally gives the 86 more power

Road test: The Isuzu D-Max 3.0 X-Rider

RS6 and S8 power-up Audi presence in South Africa