funding

Why a wave of technology giants will come from Africa [Opinion]

Ian Lessem, Managing Partner at HAVAÍC, investors in early-stage, high-growth technology businesses, notes a significant increase in investment demand for African technology startups. He says…

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…

Nationwide SA digital procurement, funding tour to kick off next month

A nationwide digital procurement and funding tour aimed at helping entrepreneurs to source opportunities and finance, is set to kick off on 8 June…

10 tips on how to raise venture capital in South Africa [Opinion]

Entrepreneurs constantly disrupt the balance of competition by unlocking inventive commercial opportunities and creating new markets in doing so. This can sometimes be done…

What Edge Growth looks for when investing in entrepreneurs [Q&A]

The ability to manage complicated tasks and still stay focused, deep industry experience, a strong work ethic and the ability to take advice from…

HouseMe secures ‘multi-million’ rand deal, declines to reveal who investors are

While Cape Town based proptech startup HouseMe last week announced that it had secured what it calls a “multi-million” rand investment — the company’s co-founder…

Eight important lessons when raising venture capital [Opinion]

It is important for every entrepreneur to recognise that to raise venture capital (VC) is only one way to build and scale a business…

Time for startups to get over myth of the ‘one big idea’ and just get going [Opinion]

One of the biggest excuses people give for not starting a business is that they don’t have that “big original idea” yet. There are…

Why I invest in teams over single founders – venture capitalist [Q&A]

You have a great idea, now you want to get funding for your startup. Do VCs prefer investing in teams or in single founder…

Seven steps to hack your scale-up company’s funding, investment readiness

The number one question we get asked by founders is: “How do we raise funding or investment for our business?” Every successful business reaches a…

How to access Goodwell’s €20m fund for African startups

Amsterdam-based impact investor Goodwell Investments last month announced that it had raised €20-million to invest in high-growth African startups. Do you fit the bill and want to…

Here’s how 2 Kenyan startups raised a combined $3.2m in funding this week

Kenyan ecommerce platform Sky.Garden and ride-hailing startup Mondo Ride raised a combined $3.2-million in funding this week. What can we learn from these two deals?…

Challenges women entrepreneurs face are more visible says ImpactHER founder

The challenges women entrepreneurs in Africa face when accessing finance — though not unique to women — are often more visible in women-led businesses believes…

This is how this medtech startup founder raised $200 000 from competitions

While many entrepreneurs are focused on raising funding from traditional sources such as banks, angel investors or from friends and family, Cameroonian entrepreneur Alain Nteff…

Over a year on, when will big companies’ SA SME Fund get going? [Opinion]

South Africa’s private sector loves to lament how poor the government’s support has been for small business — but it seems, business owners shouldn’t expect much either…

Startups need more than just capital to grow says Seedstars’ Michael Weber

What’s an entrepreneurs biggest need? Most people will probably say it’s access to finance. But Seedstars co-founder and global venture builder Michael Weber says what…

Angel investor Patrick de Zeeuw on picking investors and keeping them happy

Things are going great and some investors have expressed interest in your startup. But how do you as a founder know if an investor…

Startups hold unrealistic view on securing VC, angel funding suggests new survey

Over a quarter of South African tech startup founders believe that they will grow their business by securing venture capital (VC) or funding from…

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