GOMYCODE, Tunisia’s Edtech Startup Raises $8m Series A to Promote Global Expansion
GOMYCODE, a Tunisian edtech business, has raised $8 million in a series A round of funding. AfricInvest, through its Cathay…
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Franc, South African Fintech Startup Secures $522k Seed Extension Round
Franc, a South African financial app, has secured ZAR8 million (US$522,000) in a seed extension round and unveiled a B2B…
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Virridy Secures $5.5 million in Series A Funding Round led by Accord Capital
Virridy, a company dedicated to enhancing natural resource management through technology, has raised $5.5 million in Series A funding to…
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Bosch Receives $295M VC Fund, Scouting for Startups
Bosch’s venture arm just unveiled its fifth fund, claiming it’s looking for firms that have the “potential to improve quality…
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Edtech Talently Secures $3M Seed Round
Talently, an edtech startup, has raised $3 million in seed funding from 500 Startups Latam, Alaya Capital, Salkantay Ventures, Newtype…
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Indicina Raises $3million in a Seed Round
Indicina, which is focused on developing API-driven credit infrastructure for Africa, raised $3 million in a Seed round to help…
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Rentoza, South African Rentals Marketplace Secures $1.3m Funding From Mineworkers Investment Company
Rentoza, a South African subscription-based online electronics and appliance retailer, has raised ZAR20 million (US$1.3 million) in capital from Khulisani…
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ShopEX Raises $635,000, as it Aims to be the QVC of Africa
LAGOS, 1 June 2022 — ShopEX, a multi-channel retail business based in Nigeria and exclusive distributors of some of the world’s most…
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Saudi Arabia’s HyperPay Secures $36.7 Million for Expansion
HyperPay, a fintech business based in Saudi Arabia, has raised $36.7 million in a fundraising round led by Mastercard, with…
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South African Fintech Startup, LifeCheq Raises $2.5 Million From Naspers Foundry
Through its early-stage tech investment company Naspers Foundry, Naspers has led a $2.5 million investment in LifeCheq, a fintech platform…
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International Calling App, Talk360 Secures $4 Million in Funding
Talk360, an international calling app that allows users to make dependable and economical calls to any landline or mobile phone…
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SA e-Commerce Startup, Shopstar Secures Third Funding Round to Facilitate Expansion
Shopstar, a local e-commerce platform, has received third-round funding from Launch Africa Ventures, indicating the start of the company’s next…
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AfricInvest Announces Final Close of African Midcap-Focused Fund at Over $400m
AfricInvest, a prominent investment platform engaging in private equity, venture capital, private credit, and listed equities, has announced the final…
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M Auto, e-Mobility Startup Secures Funding to Expand its Electric Motorcycle Fleet and Factory in Togo, Benin
M Auto, a’mobility as a service’ startup, has raised an undisclosed amount of money from Africa Transformation and Industrialisation Fund…
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ShEquity Receives a $1.2 Million Grant From USAID Trade Hub
The USAID Trade Hub has co-invested $1.2 million in ShEquity to invest in and support over 100 high-potential women-owned or…
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Nigeria-Based Startup, Betastore Raises $2.5 Million for Expansion
Betastore, a Nigerian business, has received $2.5 million in pre-series funding. By the end of the year, the company hopes…
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Ayoken Secures $1.4M to Scale its NFT Marketplace for Creatives
Ayoken, a non-traditional marketplace for creatives, has raised $1.4 million in pre-seed capital to help users diversify their revenue streams…
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Fret, Moroccan Logistics Startup Cloudfret Secures $1M Funding
Cloudfret, a Moroccan logistics and transportation business that connects loaders and carriers, has raised $1 million in capital to extend…
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Egypt Based Health Startup, Esaal Secures $1.7 Million Seed
Esaal, one of the region’s major technological platforms for online health and wellness consultations, has closed the final tranche of…
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SA edtech Startup FoondaMate Secures $2M Seed Funding
FoondaMate, a South African edTech company, has raised $2 million in a seed round headed by LocalGlobe, a UK-based venture…
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Egypt’s Sylndr Completes $12.6m Pre-Seed Round for Expansion
Sylndr, Egypt’s online used-car store, has raised $12.6 million in a pre-seed round headed by RAED Ventures, with participation from…
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Egyptian Healthcare Start-Up, Doxx Secures $1.5Million in Seed Round
Doxx launches a digital platform in the Middle East and North Africa (MENA) region, connecting medical professionals and institutional healthcare…
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South African agri-tech startup Nile secures $5.1m funding round led by Naspers Foundry
Nile, a South African agri-tech firm that uses its platform to allow purchasers to buy directly from Africa’s top food…
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Victory Farms, a Kenyan aquaculture startup, has received $5 million in finance to expand into new markets.
Victory Farms, a tilapia fish aquaculture firm with hatcheries, nursery ponds, and deep-water cages, has raised $5 million in new…
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Bamba, a Kenyan startup, has raised $3.2 million in seed capital to grow its user base across 12 African countries.
Bamba, a mobile-first business software for African micro-merchants, has raised $3.2 million in venture capital to help it scale its…
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Instabug raises $46 M Series B Fund to develop mobile observability and performance monitoring platform
Instabug, an Egyptian software company that offers bug reporting, app performance monitoring, crash reporting, in-app chats, and user surveys for…
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Nigeria based telemedicine startup, Zuri Health secures $1.2 million pre-seed round for African expansion
Zuri Health, a digital healthcare firm, has raised $1.3 million in seed capital to further develop its digital platform, expand…
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Edves to raise $2.5M Pre-Series A round to continue Pan African expansion
Edves is an Edtech with strong adoption and usage in Africa’s EdTech and digital infrastructure arena, with over 1,200 schools,…
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Topship, freight startup secures $2.5m seed fund from Flexport, others
Topship, a Nigerian digital freight company, has raised $2.5 million in seed capital. Flexport led the investment round, which included…
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Nigerian fintech startup Bridgecard completes $440k pre-seed funding round
Bridgecard, a Nigerian fintech firm, has acquired $440,000 in pre-seed capital to expand its user base and develop its platform….
