Venture capital

Cairo-based telemedicine startup secures six-figure funding

Egypt-based telemedicine startup, Docspert Health has secured a six-figure seed funding investment from Flat6Labs and several other angel investors from the US and UK. Docspert…

Egypt life science venture secures $1-million

Labelled as Egypt’s biggest life science venture, Nawah Scientific has secured a second pre-series A round of funding amounting to $1-million in mixed equity…

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…

Five things investors should look for before investing in a VC

People familiar with the startup space generally know that many entrepreneurs rely on investments from venture capitalists (VCs) to fund their growth. Less well…

Kenyan healthtech startup secures $3.75-million

Ilara Health, a Kenya-based health tech startup has raised $3.75-million in a Series A funding round led by TLcom Capital with contribution from DOB Equity, Global Ventures, and Chandaria…

Founder Institute partners with Pacer Ventures

The largest pre-seed startup accelerator in the world, Founder Institute (FI) has partnered with Pacer Ventures, a sub-Saharan Africa venture firm, for the African Accelerator programme led…

InQuba closes expansion capital funding round

A world-leader in Customer Journey Management, inQuba, has announced the close of an expansion capital round from venture capital firm Knife Capital and leading African corporate and…

SA’s startup ecosystem offers a positive vision of country’s future [Opinion]

South Africa’s startup ecosystem is robust and growing, but our entrepreneurs and investors need to develop a truly global mindset to take advantage of…

Investors use loophole in VC tax incentive to invest in own companies – Sars

Investors are using a loophole in a SA venture capital (VC) tax incentive to invest in companies connected to them and benefit from a…

Weetracker African VC report raises questions on definition of tech startups

Did the first half of 2018 really see African startups net over $168-million in 118 disclosed deals, as a new report claims? The African startups and VC ecosystem report released this…

Fifth Africa VC summit to kick off Global Entrepreneurship Week in Cape Town

The fifth edition of the Africa Early Stage Investor Summit (AESIS 2018) will kick off Global Entrepreneurship Week in Cape Town this year, organisers…

Sometimes startup just hits right market at right time – Angelhub man [Q&A]

The difference between a well performing and poorly performing investment often comes down to three things, says Angelhub Ventures lead partner Brett Commaille. For…

Savca raises concern over governance issues in Section 12J VC tax incentive

The Southern African Venture Capital and Private Equity Association (Savca) has raised concern that governance issues could emerge in some venture capital companies approved…

‘Tanzania must introduce tax incentives, policy change to spur VC investment’

Ahead of next month’s launch of Tanzania’s first angel investors network, a top venture capitalist has called for the government to make a number…

Venture capitalists welcome Section 12J proposals but call for more changes

Venture capitalists have welcomed The National Treasury plan’s to amend a venture capital tax incentive, but want further amendments to be made. The VC tax incentive falls under Section…

How Knife Capital once turned down JoJo Tanks because VC ‘didn’t see use case’

With Cape Town in the grip of its worst drought in living memory JoJo Tanks has been catapulted into an overnight success story, and can barely…

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…

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…

Partech Ventures announces launch of Africa fund, having secured €57m so far

Silicon Valley fund Partech Ventures has announced the launch of its Partech Africa fund, which has secured over €57-million commitments so far. In a press…

Simodisa to integrate Venture Central site with other existing portals

SA entrepreneurship advocacy body Simodisa will in coming months begin integrating its Venture Central portal for entrepreneurs with other exisiting portals, the startup advocacy group’s…

Despite 134% growth in VC investments, sector still lacks liquidity says investor

The number of South African venture capital (VC) investments grew by 134% to R872-million in deals in 2016 over the previous year, shows Southern African Venture…

Cape Town company Digital Cabinet lands R5m funding from HAVAÍC, Growth Grid

Cape Town tech company Digital Cabinet has landed R5-million in equity funding, local venture capital (VC) company HAVAÍC announced today. The investment was secured from a consortium of individuals led…

Knife Capital reveals deal with Swedish startup, bemoans lack of local funds

South African venture capital (VC) fund Knife Capital has co-invested in a Swedish startup alongside a Swedish fund, Knife Capital co-founder Keet van Zyl revealed today….

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