funding

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…

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…

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’)….

Local investment platform launches grant funding for SA edtech startups

Innovation Edge, a South African investment platform has announced that applications for its new grant funding programme tailored for early-stage edtech startups with solutions…

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…

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…

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…

Greenhouse Lab Founders-backed fintech accelerator cohort 2021 announced

Nigeria-based venture capital firm GreenHouse Capital’s flagship accelerator programme GreenHouse Lab has announced its cohort for 2021. Eight innovative African startups have been selected…

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