Egypt’s Synapse Analytics Secures $2 Million Pre-Series A Round
Synapse Analytics, an AI tech firm in Egypt, has completed its pre-series A investment round. led by Egypt Ventures, with…
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Moringa Secures Pre Series A Investment, Ready for Expansion to Nigeria and Ghana
The majority of us desire coding skills. But, to be completely honest, programming requires a lot of ability and mental…
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Jobop, Moroccan On-Demand Jobs Platform Secures $1m Seed Round
A $1 million seed round of funding has been secured by the Moroccan company Jobop, an on-demand platform for temporary…
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Nigerian Edtech Startup, Kibo School Secures $2 Million Seed Round
The co-founder of Code.org’s venture capital business, Neo, led a $2 million seed round for the Nigerian edtech startup Kibo…
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XENO, an Ugandan Fintech Startup Raises $2 Million in Seed Funding
A fintech business in Uganda called XENO Corporation has secured $2 million in seed funding, led by Beyond Capital Ventures….
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Egyptian Disruptech Receives Funding From AXIAN Group to Support Emerging Fintechs
AXIAN Group in Madagascar has provided investment to Egypt-based Disruptech, a venture capital firm that focuses on the fintech industry,…
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Thepeer, a Nigerian API-Based Startup Secures $2.1 Million for Product Development
According to a statement provided to TechCabal today, Thepeer, a Nigerian tech infrastructure startup that facilitates frictionless wallet transfers between…
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Healthtracka, Nigerian Startup Secures $1.5 Million to Scale Medical Diagnostics
According to a statement provided to TechCabal today, Healthtracka, a Nigerian firm that provides simple at-home lab tests, has acquired…
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Afropolitan Secures $2.1 Million to Develop a Digital Nation
According to its co-founder, Eche Emole, Afropolitan, a firm that aims to create a digital nation for Africans, has raised…
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mTek, Kenya’s Insurtech Startup Closes $3 Million Investment
mTek, a Kenyan insurtech and digital insurance platform, has received an additional financial commitment from Finclusion Group, an African-focused fintech…
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Jodop, Morocco-Based Digital Staffing Platform Secures $1 Million Seed Round to Enhance its Product Technology
Jodop, a Moroccan startup, has secured $1 million in a seed round led by Azur Innovation Fund and including Plug…
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Egypt-Based Boyot Secures Fresh Funding to Automate Real Estate Payments
Boyot, a business located in Egypt that provides an end-to-end operating system for payments and financial services focused solely on…
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CrossBoundary Energy Access Secures $25 Million to Build Solar-Powered Mini-Grids in Africa
CrossBoundary Energy Access (CBEA), Africa’s first project financing facility for mini-grids, has announced $25 million in new investment commitments from…
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Jumba, Kenya’s B2B Construction Startup Completes $1M Pre-Seed Funding Round for Expansion
Jumba, a B2B construction technology platform located in Kenya, has raised $1 million in a pre-seed fundraising round to fine-tune…
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Khazenly,Egypt’s On-Demand Digital Warehousing Platform Secures a $2.5 Million Seed Funding
Khazenly, a digital storage and fulfillment network located in Cairo, has acquired $2.5 million in startup funding. The funding round…
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MFS Africa Extends its Series C Round to $200 Million
MFS Africa, a digital payments network, has raised an additional $100 million in equity and debt capital led by Admaius…
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Gozem Receives $10m From IFC to Finance 6,000 Vehicles in Togo and Benin
According to Gozem, a Francophone Africa-focused smart app, 12 million motor vehicle drivers work in informal markets across West and…
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Egyptian AI Startup, DXwand Secures $1 Million in a Pre-Series A Round of Funding
DXwand, an Egyptian firm that specializes in conversational artificial intelligence (AI), has raised $1 million in a pre-series A financing….
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Vetwork, Egyptian Petcare Provider Secures Bridge Round To Transform The Pet Care Industry
Vework, an Egypt-based petcare platform that connects pet parents with pet care service providers in a timely and convenient manner…
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ADVA, an Egyptian Fintech Startup Receives Six-Figure Seed Round From Sawari Ventures for Expansion
ADVA, an Egypt-based fintech, has raised an undisclosed “six-digit figure” Seed round from Sawari Ventures in order to extend its…
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MFS Africa Acquires Global Technology Partners for $34 million
MFS Africa has agreed to buy Global Technology Partners for $34 million in cash (GTP). GTP is Africa’s top prepaid…
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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…
