africa

Reliance Health, an emerging markets-focused digital healthcare provider, has completed a $40M (R622 426 000,00) Series B funding round led by General Atlantic, a leading global growth equity investor, with participation from Partech, Picus Capital, Tencent Exploration, AAIC (Asia Africa Investment and Consulting), P1 Ventures, Laerdal Million Lives Fund, Arvantis Social Foundation Impact Investment, and …

Nigerian healthtech startup, Reliance Health, raises $40M in Series B Read More »

A Massachusetts-based startup that captures carbon dioxide directly from the air has raised $80 million from investors, including Bill Gates-led Breakthrough Energy Ventures. Founded in 2019, Verdox’s technology is still only operable at lab scale. But chief executive officer Brian Baynes says that a recent breakthrough with the key material used to trap the greenhouse …

Bill Gates invests in carbon capture startup after tech breakthrough – Moneyweb Read More »

Kenyan based healthtech startup, Afya Rekod, has raised $2 million (R30 608 600,00) in seed funding. The round was led by Mac Venture Capital, a US based seed-stage venture capital firm that invests in technology startups leveraging shifts in cultural trends and behaviors. Other participants include Next Chymia an Asian private firm that focuses on blockchain …

Kenyan healthtech startup, Afya Rekod, raises $2M in seed funding Read More »

South African parking startup, ParkUpp, has been acquired by real estate investment company Docklands Ventures, owned by ex-JLL Chairman for Sub-saharan Africa, Mark Bradford. Founded in 2016, ParkUpp is a marketplace that connects owners of parking spaces with companies and individuals who need parking. The website focuses on daily to monthly parking, providing a seamless …

Docklands Ventures acquires SA parking startup, ParkUpp Read More »

Tennis star Serena Williams and NBK Capital Partners have joined a growing number of investors in African startups seeking to take advantage of a tech and innovative-finance boom on the continent. Williams’s Serena Ventures, A&T Capital, Distributed Global and others participated in raising $6.5 million for Nigerian crypto products developer Nestcoin, while NBK last week …

Serena William invests in Nigerian startup, as part of growing interest in African tech | Fin24 Read More »

Africa’s contribution to the world of artificial intelligence is in the spotlight this week with the announcement by born-in-Africa AI disruptor InstaDeep that it has raised $100 million. It also welcomed high-profile backers including BioNTech, Deutsche Bahn and others – to help scale its decision-making AI products that solve real-world problems. The startup made international …

Africa AI startup raises $100m – Gadget Read More »

Wamly, the video interview software startup founded by Francois de Wet in 2018, has secured a 2nd round investment from South African venture capital firm, Knife Capital. The deal sees Davey Gant, Knife Capital partner based in UK, joining the Wamly Board of Directors. Wamly specialises in one-way video interview software that allows interviewers to …

South African HR software startup, Wamly, secures second round investment Read More »

Towards the middle of last year, I was fortunate to be part of a panel discussion during which the question ‘does South Africa need a Startup Act?’ was posed. The answer was a resounding yes from the participating ecosystem stakeholders which included investors, ecosystem enablers, institutions, and entrepreneurs from around the country. Essentially, a Startup …

The value of a startup act for South Africa Read More »

Wamly, the one-way video interview software startup has secured a second round investment from South African venture capital firm, Knife Capital. The deal sees Davey Gant, Knife Capital partner based in UK, joining the Wamly board of directors. Wamly is one-way video interview software that connects great companies to talented people and helps the world …

South African HR Software Startup Wamly Targets International Expansion Read More »

Israeli auto data startup Otonomo today announced Audi AG as a vehicle data platform partner. With access to rich, actionable vehicle data, Audi’s customers and business partners can create consumer offerings that enhance the user experience for Audi vehicle owners, ranging from pay-as-you-drive and insurance services, to general vehicle status, to first notification of loss. …

Israel Startup Otonomo And Audi Partner To Enable Innovative, Data-Driven Services Read More »