South African e-Health Startup, BusyMed Secures Funding in new Round for Expansion
In order to accelerate its expansion goals, the South African e-health firm BusyMed has secured more money. BusyMed is enhancing…
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Nigerian Gaming DAO, Metaverse Magna Completes $3.2M in a Funding Round
With a $30 million fully diluted valuation, the gaming DAO Metaverse Magna (MVM) from Nigeria raised $3.2 million in a…
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Egyptian e-Commerce Startup, el-dokan Secures $550,000 Pre-seed Round
A collection of local and regional investors, including EFG EV and Flat6Labs, 500 Global, and Hala Ventures, led a $550,000…
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Egyptian Car Service App 3atlana Secures Seed Round for Expansion
An Egypt-based vehicle service app called 3atlana has raised a six-figure seed round from Ghabbour Auto, one of the country’s…
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Anchor, Nigerian Banking-as-a-service Startup Secure $1m Pre-seed Round
Nigeria’s Anchor has acquired over US$1 million in pre-seed funding and announced the opening of its public beta. Anchor is…
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Octiv, Fitness Software Startup Secures Eight-figure Series A Round From Knife Capital
Octiv, a South African platform for managing gyms, has completed an eight-figure Series A fundraising round, which was headed by…
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Mobile Power Limited, Nigerian Alternative Power Company Secures £1 Million From All On
Mobile Power Limited has received a £1 million investment from All On, an independent impact investing firm with Shell funding,…
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Pezesha, Kenyan Fintech Startup Closes $11 Million in Pre-Series A Round for Expansion
Pezesha, a Kenyan fintech startup, has raised $11 million in pre-Series A equity debt and expanded into Nigeria, Rwanda, and…
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Sharwa, Egyptian Mobile Commerce Startup Secures $2m Seed Round
Sharwa, an Egyptian startup, has raised $2 million in seed funding as it prepares to launch its mobile app, which…
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SubsBase, Egyptian Subscription Management Platform Secures $2.4m Seed Round
SubsBase, an Egyptian subscription, and recurring revenue management platform has raised US$2.4 million in a preliminary round of funding to…
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Nigerian Fintech Startup, Grey Secures $2M for Cross-border Payments Play, Regional Expansion
To make it easier for Nigerians and other Africans to make overseas payments, fintech companies frequently provide virtual foreign bank…
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Microtraction Reveals a $15 Million First Close of Their Community Fund to Assist Early Stage Startups in Africa
A US$15 million first close of Microtraction’s second fund has been announced. Microtraction is an early-stage venture capital firm that…
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Cape Town’s Stock Exchange Completes $5-Million Funding Round
Today, the $5 million financing round for the city’s fintech stock exchange, the Cape Town Stock Exchange (CTSE), was closed….
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Koolboks, Nigerian Cold Storage Solutions Startup Secures $2.5M for Expansion Across Africa
In order to develop its pay-as-you-go cold storage service for off-grid users in Kenya, Koolboks, a Nigerian cold storage firm,…
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African Logistics Company, Lori Systems Secures pre-Series B Funding From Google
Google recently invested an unknown sum in Lori Systems, an African digital logistics startup. This is Google’s third such investment…
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Pastel, Nigerian Startup Secures a $5.5 million Seed for Expansion
Pastel, a Nigerian startup, has raised $5.5 million in seed funding in order to expand its product offerings. The round…
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Egypt’s BONBELL seeks $10 million in seed funding after raising $350,000.
Egypt’s startup BONBELL, the first mobile App in the Food-tech industry specialized in food ordering, and digital solutions for table…
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SodaWorld, South African Metaverse Startup Receives Funding From Swiss CV Venture Capital Firm
To help artists get the much-needed income from their work in the Metaverse, Swiss venture capital firm CV VC has…
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TeamApt, Nigerian Fintech Startup Secures Over $50 Million to Expand its Credit Offerings
Nigerian fintech firm TeamApt recently secured more than $50 million in funding to increase the range of loan products it…
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South African Startup, DataProphet Receives $10m Series A round to Scale
DataProphet, a South African startup that utilizes artificial intelligence (AI) to help manufacturers automate their processes, has finished raising its…
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Zeepay Secures USD10 Million in Series A Round
Zeepay, a challenger mobile money provider that specializes in cross-border payments, has announced financing of USD 10 million. The medium-term…
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Tripesa, Ugandan Tourism-tech Startup Secures Pre-seed Funding Round
Before expanding across the continent, the Ugandan firm Tripesa is focusing on finding the right product-market fit. Tripesa was once…
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Ghanian Fintech Startup, Zeepay Raises $10m in Series A Funding Round
Zeepay, a Ghanaian mobile financial services firm that specializes in offering integrated mobile payment services, has raised $10 million, with…
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Energy Tech Company, Beacon Power Services Secures $2.7M for Expansion
A seed round of $2.7 million has been secured by energy technology business Beacon Power Services (BPS), which provides data…
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Egyptian Web3-focused Venture Studio, Qurious Labs Secures Funding From Openner
Qurious Labs, an Egyptian Web3-focused venture studio, has raised money from Openner in an effort to support fearless businesspeople in…
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Proto Secures $5.6 Million in Series A Funding
A $5.6 million Series A fundraising round, headed by Mucker Capital, was successfully completed by Proto, a Canadian company that…
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Egyptian Furniture Marketplace Homzmart Secures $23 million in Pre-Series B Round
Homzmart, an online marketplace for furniture and home goods located in Egypt, has raised a $23 million pre-Series B investment,…
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Nigerian Identity Verification Startup, Youverify Secures $2.5 Million Seed Fund for Expansion
A $1 million seed round extension has been announced by Youverify, an identity verification firm with offices in San Francisco…
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Skrmiish South African Gaming Startup Raises $2.5m Seed Round to Accelerate Growth
A US$2.5 million seed round has been raised by the Cape Town-based Skrmiish, a mobile “play-to-earn” software that allows players…
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Oui Capital, Nigerian VC Firm Announces a Second Fund of $30 Million
TeamApt, a fintech business in Nigeria, announced its Series B investment in July 2021. Global Ventures, Oui Capital, Kepple Africa…
