Insight Terra, a South African Climate-Tech Firm, Secures $5.7M Series A Extension
January 29, 2025
Insight Terra is proud to announce the successful close of its series A extension funding round of $5.7 million to rapidly scale its AI-driven greenhouse gas (GHG) and environmental risk platform. Alastair Bovim, Co-Founder and…
Kenyan E-Commerce Startup Kapu Secures Pre-Series A Funding to Scale Operations Across Africa
January 28, 2025
Kenyan e-commerce startup Kapu has raised an undisclosed amount in a pre-Series A funding round. The funding round was led by BlackWood and other existing investors and will be used to scale its operations across…
i3 Africa Issues Call for Applications for Its 3rd Cohort
January 27, 2025
Investing in Innovation Africa (i3) is calling for innovators to join its 3rd cohort. Funded by the Gates Foundation, MSD, Cencora, Endless Foundation, HELP Logistics–a subsidiary of the Kühne Foundation, Sanofi’s Global Health Unit and Chemonics,…
500 Global Launches MENA-Focused Fund
January 27, 2025
500 Global, a leading global venture capital firm, has announced the launch of 500 MENA, L.P, a new fund dedicated to investing in high-growth technology startups across the Middle East and North Africa (MENA) region…
Furaha Secures $10 Million Investment From SC Ventures and Yabx
January 24, 2025
SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, and Yabx Technologies have signed a set of shareholder and technology collaboration agreements to formalise their joint investment in Furaha. SC Ventures has invested $…
How Sevi is Transforming FMCG Financing with AI and Machine Learning
January 23, 2025
Sevi, a fintech company regulated by the Central Bank of Kenya, is revolutionizing stock financing for wholesalers and retailers through its “stock now, pay later” platform. Sevi addresses the challenge of insufficient working capital by…
MoneyHash Secures $5.2M Pre-A Funding
January 22, 2025
MoneyHash, the first and leading payment orchestration platform operating in the Middle East and Africa (MEA), has secured $5.2M in pre-A funding. Flourish Ventures – a global fintech investor behind industry leaders like Chime, Flutterwave, FairMoney, and…
South African Insurtech, Naked, Secures $38M in Series B Funding Round
January 21, 2025
South African insurance-technology start-up, Naked, has announced the close of R700-million ($38 million) series-B funding round. The Insurtech was founded back in 2018 and has created a fully digital platform that uses automation to speed…
SeamlessHR Raises $9M to Expand Across Africa
January 21, 2025
SeamlessHR has announced the close of a $9 million funding round led by the Gates Foundation and Helios Digital Ventures. The company says the investment will be used to drive its expansion across Africa, enhance…