Kenyan Startup, Triply, Secures $500,000 Investment from Y Combinator a Few Weeks After Rebranding
April 3, 2024
Y Combinator has invested $500,000, in Triply, the kenya travel tech startup. The investment is to help develop products, expand operations, and partner with others in the travel industry. This investment by Y Combinator is…
Kua Ventures and Startup Savanna Partner To Support East African SMEs
April 2, 2024
Kua Ventures has partnered with Startup Savanna to support the region’s SMEs. This collaboration allowed 10 entrepreneurs to pitch for a maximum of Ksh 15 million in funding for their businesses. Central to Kua Ventures’ approach to supporting…
Climate tech VC Firm, Satgana, Closes its First Fund that Supports Early-stage startups in Africa
March 29, 2024
Satgana, a Climate tech VC firm backing early-stage startups in Africa and Europe, has announced the final closing of its first Climate Tech VC fund. The fund reached a final close of €8 Million in…
Norrsken Accelerator 2024 is Now Accepting Applications From Early-Stage Startup Founders
March 28, 2024
The Norrsken Accelerator is now accepting applications for the 2024 cohort. Application is open to any early-stage startup founders from across the world including those from Africa. The 2024 cohort will take place at Norrsken…
BURN Manufacturing Secures $12 Million Carbon Financing for Cookstove Distribution in Africa
March 28, 2024
BURN manufacturing has secured a $12 Million investment to expand the distribution of clean cookstoves in Africa. BURN is a manufacturer and distributor of clean cookstoves. This latest investment was led by Key Carbon and…
Koa Academy Secures $50,000 Investment After Winning the MEST Africa Challenge 2023
March 26, 2024
Summary MEST Africa has announced Koa Academy as the grand prize winner of the 2023 MEST Africa Challenge (MAC), securing a $50,000 equity investment after a competitive pitch battle among Africa’s tech innovators. Koa Academy…
Heirs Holdings Launches a Subsidiary empower Africa’s digital transformation
March 25, 2024
Heirs Holdings has announced the launch of its new subsidiary, Heirs Technologies Limited, with an ambition to empower Africa’s digital transformation through innovative and locally tailored solutions. Heirs Technologies aims to provide value added services that…
Egypt's InCurA Raises an Undisclosed Amount in a pre-Seed Round
March 25, 2024
Egypt’s healthtech startup, InCurA, has raised an undisclosed amount in a pre-seed round led by regional investors including Tiye Angels, Kaust Innovation Ventures (KIV), UI Investments, Pharos Holding, and AUC Angels. The startup was founded…
Moove Secures $100 Million in Funding at a valuation of $750m
March 21, 2024
Nigeria’s vehicle financing platform, Moove, has secured $100 million in a Series B funding round. This funding round was led by Uber with the participation of Mubadala, The Latest Ventures, AfricInvest, Palm Drive Capital, Triatlum…