- London-based hackajob, a company that claims to bring ‘great’ people together with ‘great’ companies to drive the world forward, announced that it has secured nearly €22.66M in a Series B round of funding. The investment came from US-based growth equity firm Volition Capital. Founded in 2014 by…
- Bayonne, France-based Lynxter, a manufacturer of one-of-a-kind industrial 3D printing machines, announced that it has raised €4M in a Series A round of funding. Existing investors, and new partners Etchart group, NACO (advised by M/capital), Pyrénées Gascogne Développement, and HERRIKOA,…
- Cologne-based Certif-ID, a blockchain-based ‘Future of Work’ platform that connects education to technical skills employment, announced that it has secured €1.6M in a Seed round of funding. The investment was led by NRW-Bank and angel investors Andreas Weinberger, Malte Pollmann (Supervisory Board…
- Netherlands-based Embrosa, a company that enables (global) brands to publish hyper-local social ads around brick-and-mortar stores that sell their brand, announced that it has secured €450K in a Seed round of funding. The Dutch startup says it will use the funds to further develop its technical…
- Stockholm-based Improvin’, a climate technology company, announced that it has secured €3.5M in a Seed round of funding. This round was led by Pale Blue Dot, a renowned climate tech fund, and Dynamo Ventures, a US-based VC focused on supply chain innovations. Other investors included FoodBridge,…
- BeeReaders raised $3.5M to expand its Spanish literacy solution across Latin America and the US The seed round was led by Reinventure Capital and Acumen Latam Impact Ventures (ALIVE), with participation from other organizations such as EWA Capital, University Venture Fund, and Wisconsin Investment…
- Stockholm-based Bits Technology, a startup that aims to simplify and democratize financial tech services for everyone, announced that it has raised €4M in Seed funding to reshape how future fintech products are built. In September 2022, the company raised €1M in pre-seed funding. The company says…
- Ctrl, a London and Tel Aviv-based startup that empowers revenue teams to combine data from different platforms to create their own custom workspaces, announced that it has secured €8.14M in a fresh round of funding. Omri Sagzan, the co-founder of Ctrl, says, “We’re thrilled and humbled to see our…
- Helsinki-based Virta, an electric vehicle (EV) charging platform, announced that it has secured €85M in growth funding to increase the impact of EVs on energy flexibility markets and accelerate growth in Europe and Asia-Pacific. €65M in equity investment came from Virta’s existing investors led by…
- Barcelona-based Taclia, a software startup that enables SMEs to digitize and manage daily processes, announced that it has secured €6.2M from Cusp Capital and Stage 2 Capital. Taclia says it wants to use the funds to improve the product, grow its team, and scale across geographies. Alex Casals…
- The “Milken-Motsepe Prize in Agritech” has named Tanzanian biotech startup NovFeed as its first-place winner. The startup won a $1 million reward for its accomplishment. The Milken-Motsepe prize for agritech is the first in a line of multiyear, multimillion-dollar innovation challenges and…
- The latest edition of the Global Cleantech Innovation Programme is now accepting applications in Nigeria, and it’s looking for people who are enthusiastic about clean technology, combating climate change, and having a positive effect. The initiative focuses on Nigerian cleantech companies and SMEs…
- Nomba, a Nigerian payments startup, has secured a US$30 million pre-Series B fundraising round to help it deliver personalized payment solutions to African companies. Base10 Partners, based in San Francisco, took the lead in the oversubscribed equity funding round, which also included Helios…
- After successfully raising $10 billion last year, Meta has announced plans to issue $8.5 billion in a five-part bond offering According to Meta, it will utilize the money to assist pay for capital expenditures, repurchase outstanding shares of its common stock, and make investments or acquisitions…
- The ChatGPT chatbot’s creator, OpenAI, has completed a $300 million share sale at a $27 billion to $29 billion valuation. Tiger Global, Sequoia Capital, Andreessen Horowitz, Founders Fund, Thrive, and K2 Global, among other Venture Capital companies have reportedly purchased new shares. To be…
- Storspay, a fintech company based in Nigeria, has received US$320,000 in funding and has been accepted to the Techstars NYC accelerator, backed by JP Morgan Accelerator. The startup has been accepted into the JP Morgan Accelerator-supported Techstars NYC accelerator for 13 weeks of funding and…
- The second cohort of Investing in Innovation Africa (i3), a pan-African initiative for companies reimagining healthcare supply chains, is now accepting applications from industry leaders. The i3 initiative, supported by the Bill & Melinda Gates Foundation and AmerisourceBergen, Merck Sharp…
- Capria Ventures, a leading specialty firm that invests in early-growth startups located in the Global South, has announced the first closing of its US$100 million fund. Along with a large number of family offices, foundations, and individuals, investors include OIP Investment Trust, Gates Ventures…
- Maholla, a consumer rewards program that has gone viral in South Africa, has just closed a US$1.5 million seed funding round. In 2022, the company completed a pre-seed funding round that brought in a total of $580,000 USD, and it has now completed a seed funding round that brought in $1,500,000 USD…
- 42Markets Group, a fintech investment firm focused on the financial and capital markets, has raised $10 million in growth funding from Convergence Partners to assist financial institutions in “leapfrogging” outdated software in order to better consolidate and automate their IT Operations…
- Tim Cook, the CEO of Apple, opened the company’s first physical location in Mumbai, India’s financial hub. Apple products had previously been accessible in India through several channels, including online and a large network of resellers. Visitors traveled from all around India to attend the…
- ENRICH in Africa’s Africa MedTech Challenge is looking for innovative healthcare startups to participate in their mission to improve healthcare across Europe and Africa. In order to provide the most cutting-edge medicines and advanced healthcare, Sothema, a major pharmaceutical company, and…
- The Financial Solutions for Migrants program, an accelerator for impact-driven innovators creating digital financial inclusion solutions for migrants has announced the selection of 32 startups from all over Africa, Asia, and the Middle East. The program will connect the 32 startup companies to…
- Andela, an international hub for remote professional talent has launched a 12-week Andela Rwanda Apprenticeship Program to showcase Rwanda’s rising tech talent to multinational corporations. Companies have the opportunity to expand their teams with graduate apprentices from the Andela Technical…
- The annual VC4A Venture Showcase is now accepting applications from African founders who are at the helm of innovative and disruptive companies or have scaled to the next level. The Venture Showcase is not limited to a certain industry but rather highlights all startups making a significant…
- Sega Sammy Holdings Inc of Japan has announced that it will acquire Rovio Entertainment of Finland for $775.8 million. Rovio is responsible for developing the popular smartphone game Angry Birds. After announcing it was undergoing a strategic review, Rovio revealed it was in talks with Sega about a…
- According to reports, Elon Musk is planning to launch an artificial intelligence company to compete with OpenAI, the creator of ChatGPT. OpenAI, which was founded as a non-profit organization in 2015, includes Musk as one of its co-founders. In 2018, he stepped down from the company’s board of…
- Twitter and the online trading and investment platform eToro have joined forces to bring traders and investors real-time information on stocks, shares, cryptocurrencies, and commodities. Since Elon Musk purchased Twitter in late October for $44 billion, the platform has undergone a number of…
- UK-based digital cancer support clinic, Perci Health has raised £3.4 million in seed funding to expand cancer support services. The Seed round was led by Octopus Ventures. Chantel Cox, an investor with the Health team of Octopus Ventures will join the Perci Health board. The Perci Health platform…
- Dublin-based Neuromod Devices, a medtech company that specializes in neuromodulation, announced that it has secured €30M in a Series B round of funding. Out of the total, €15M of equity investment was led by Panakès Partners. The remaining €15M in venture debt was provided by the European…
- Amsterdam-based Dexter Energy, a provider of AI-based power generation forecasting and trade optimization solutions, announced that it has raised €10.5M in a Series B round of funding. This round was led by ETF Partners and Astelia with participation from existing investors Newion, PDENH, and…
- London-based Scan.com, a healthcare referral and digital platform for booking and receiving medical scan results (such as MRI or CT), announced that it has raised $12M in a Series A round of funding. The round was co-led by Aviva Ventures, YZR Capital, Oxford Capital, Triple Point Ventures, and…
- Prague-based AI Startup Incubator (AISI), an early-stage investor focusing on startups implementing AI technology, announced that it has launched a new fund named Look AI Ventures (LAIV). LAIV is the first investment fund in the Czech Republic dedicated to AI startups. The fund wants to raise €20M…
- In recent years, Africa has witnessed a rapid rise in mobile technology and social media usage, bringing about significant changes to various aspects of African society. Mobile technology and social media have revolutionized communication, education, commerce, governance, and activism, among other…
- According to a filing by e&, the Emirates Telecommunications Group Company (EAND.AD) has agreed to pay $400 million to acquire a 50.03 percent ownership in the super app operated by Careem, an affiliate of Uber Technologies (UBER.N) in the Middle East. Uber will fully own the ride-hailing…
- Shuttlers, a prominent tech-enabled, scheduled mass transit provider in Nigeria, has secured US$4 million in equity capital to further expand its services. Leading pan-African venture capital firm Verod-Kepple Africa Ventures (VKAV), took the lead in the investment round. Along with that, it…
- Paymenow, a South African earned income access platform, received a ZAR250 million (US$14 million) loan facility through Rand Merchant Bank (RMB) to support its expansion. The Stellenbosch-based Paymenow was established in 2019 and signed up its first client in March of the following year. …
- Equator, a climate-tech venture capital firm with a focus on Sub-Saharan Africa, announces the initial close of its first fund with commitments totaling about $40 million USD. This money will be used to support Seed and Series A-stage tech-enabled ventures in the fields of energy, agriculture, and…
- A new fund launched by Pan-African venture capital firm Novastar Ventures has received a $25 million equity investment from the U.S. International Development Finance Corporation (DFC) to support entrepreneurs developing agriculture and climate solutions. Information about the deal and Novastar’s…
- Camel Ventures, an Egyptian venture capital firm, has launched an EGP500 million ($16 million) fund to support the nation’s fintech startup ecosystem. Camel Ventures for Investment I (CVI) was established to provide capital for Egypt’s burgeoning financial technology startup ecosystem. Camel…
- Peach Payments, a fintech startup based out of South Africa, has just raised US$31 million in Series A funding from Apis Partners in order to expand its operations across Africa and expand its product line. The funding came from Apis Growth Fund II, a private equity fund run by UK-based asset…
- A new EUR20 million (US$22 million) fund has been announced by Goodwell Investments and Oxfam Novib to invest in early-stage growth enterprises in East Africa that have trouble securing financing from banks and investment funds, thus filling the “missing middle” in the region. Pepea, a EUR20…
- Krakow-based Reakto, a company that builds drone infrastructure based on Anything-as-a-Service (XaaS) canvas, announced that it has secured over €1M in funding to bring its ‘ground-breaking’ drone security solution to the market. Reakto secured the funding by receiving contributions of €121,000…
- Amsterdam-based Change, a cryptocurrency platform for retail investors, announced it has secured €2M in funding from Switzerland-based private equity firm Andromeda Capital Partners Suisse AG. The Estonian-born company says it will use the funds to cement its position in the market. Founded by…
- Copenhagen-based Teton.ai, a health tech startup building an AI companion for nurses, announced that it has secured approximately €4.8M in funding led by Plural. Strategic angel investor Finn Murphy, formerly at Frontline Ventures, also participated in the round. Teton.ai says it intends to use the…
- Germany-based Lean Ocean, a digital agency and HR solution provider announced that it has secured €800K in a fresh round of funding for its latest platform, AKEYI Worlds. The company says the new platform helps companies attract talent “in a playful way”. Lean Ocean says that Digital Hub…
- SOLASTA Bio, a Glasgow University spin-out that specializes in the next generation of green insecticides, announced that it has secured further funding in its pre-Series A round totaling £4M. The agritech startup says that the capital will help scale the development of its nature-inspired…
- Luxury skincare and personal care brand RAS announced that it has raised $1.5 million from New York-based sustainability-focused venture capital firm Green Frontier Capital and other existing investors. Founded by Sangeeta Jain and her two daughters Shubhika Jain and Suramya Jain, the luxury direct…
- Dozer, an open-source data infrastructure platform that helps software engineers create application programming interfaces (API), announced that it has raised $3 million in a seed round of funding and also emerged from stealth (the platform has opened access to developers). The funding round, led…
- Copenhagen-based Agreena, a startup that verifies and sells carbon credits generated by farmers, announced that it has raised €46M in a Series B round of funding. The round was led by Germany’s leading multi-stage investor HV Capital and saw participation from new investors AENU and Anthemis. The…
