funding

YuLife raises $120M in Series C funding round

YuLife, the tech-driven insurance company on a mission to inspire people to live their best lives, today announced that it has raised $120M (~£95M) in a Series C led by Dai-ichi Life…

Digital Africa Ventures combines entrepreneurial passion with targeted funding to support SA’s underserved tech start-ups

For as long as they can recall, Thandeka Xaba and Nonkululeko Komanyane have been entrepreneurs at heart. This entrepreneurial spirit is evident in both…

Applications open for 2022 Africa’s Business Heroes prize competition

The “Africa’s Business Heroes” (ABH) prize competition, one of the Jack Ma Foundation’s philanthropic programs spotlighting and celebrating Africa’s entrepreneurial talent, has opened applications…

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…

Learn the new rules of business funding

The small business rollercoaster has been particularly rough over the past two years and the few that managed to stay afloat will agree that…

Egyptian ecommerce platform, Wasla, raises $9M in funding

Wasla, the Egyptian e-commerce mobile web browser and desktop extension, has raised $9 million in funding from Contact Financial Holding. With the tie-up, Contact…

Nigerian healthtech startup, Reliance Health, raises $40M in Series B

Reliance Health, an emerging markets-focused digital healthcare provider, has completed a $40M (R622 426 000,00) Series B funding round led by General Atlantic, a…

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…

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