funding

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 foodtech startup secures funding

Cape Town-based food tech startup Kombo King has secured an undisclosed amount of funding from The Vumela Fund, established by FNB Business and Edge…

Joburg-based fibrePOYNT receives funding to provide internet to townships

South Africa’s Department of Science and Innovation’s entity The Technology Innovation Agency (TIA) has announced that it is funding the distribution of antenna-based high-speed…

Kenyan insurtech startup secures $1.8-million

Nairobi-based insurtech startup Lami Technologies has secured $1.8-million in a seed funding round led by Accion Venture Lab with participation from AAIC, Consonance, P1 Ventures,…

Kenyan edtech Kidato secures $1.4-million

Nairobi-based edtech startup Kidato has secured $1.4-million in a seed funding round from Learn Start Capital, Launch Africa Ventures Fund, Graph ventures, Century Oak…

Funding black female entrepreneurs is crucial to SA’s startup growth

Globally, growing attention is rightly being paid to the issue of underfunding of diverse founders in general, and women in particular, in the startup…

Samurai Venture secures over $18-million for Africa fund

Japanese headquartered venture capital (VC) firm Samurai Incubate Africa has secured over $18-million ( Yen 2.026-billion) towards its second Africa fund from 54 corporate and…

Top startup web events in SA this week [19/04/21]

The global pandemic has starkly highlighted the importance of funding for SMEs and startups, this week’s lineup of events includes a must-attend webinar on…

Free funding course for entrepreneurs launches

Startup Circles will be hosting a free online business funding summit to equip entrepreneurs with the skills set to on how to gain funding…

Joburg healthtech startup secures undisclosed seven-figure funding

Quro Medical, a South African health tech startup that has created Africa’s first technology-driven hospital at home offering, has secured an undisclosed seven-figure USD…

Ugandan fintech Numida secures $2.3-million

Uganda-based fintech startup Numida has secured $2.3-million in a seed funding round led by MFS Africa with participation from DRK Foundation, Equilibria Capital, and Segal…

Ghana fintech BezoMoney secures $200k in seed funding

Accra-based fintech startup BezoMoney has secured $200k in a seed funding round led by Goodsoil VC, a venture capital firm based in London. BezoMoney…

Innovative South African fintech secures funding

Local fintech Troygold, the creator of SA’s first gold-backed savings account, debit card, has secured an investment Crossfin Ventures, the angel investment arm of…

Kenyan fintech tech startup secures funding to regionally expand

Nairobi-based fintech startup Tanda has secured an undisclosed amount of funding from Cape Town-based venture capital (VC) company HAVAÍC, Zedcrest Capital, DFS Lab, Victor Asemota, and…

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…

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