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Irish start-up Robotify acquired by major US edtech provider

Edtech platform Robotify has been acquired by Imagine Learning, a major digital education provider in the US. Terms of the deal have not been disclosed but reports have valued the acquisition at €20m. This is Imagine Learning’s first acquisition since its recent rebrand from Weld North Education. Prior to this, it acquired UK-led science education …

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Nigerian fintech startup Payhippo secures $3-million

Lagos based tech startup Payhippo has secured a reported $3-million in seed funding from several funders including; Ham Serunjogi and Maijid Moujaled, co-founders Chipper Cash, Olugbenga “GB” Agboola, founder Flutterwave, Bolaji Balogun, CEO Chapel Hill Denham, and Hakeem Belo-Osagie, Founder Metis Capital Partners. Other angel investors include management from Paystack, Brex, and Tala and several …

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GMIT to host start-up incubator for creative tech entrepreneurs

Galway-Mayo Institute of Technology (GMIT) has teamed up with a group called Creative Enterprise West (Crew) to a launch a new incubator programme targeting Ireland’s creative digital and tech entrepreneurs. The programme, Crew Labs, is designed with early-stage start-ups in mind. Beginning in January 2022, participants will have access to industry mentors and blended learning …

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Egypt tech startup Breadfast secures $26-million in series A round

Cairo-based tech startup, Breadfast, a grocery delivery platform, has secured $26-million in a Series A round of funding co-led by Vostok New Ventures and Endure Capital. The round included participation from JAM Fund, led by Justin Mateen, Co-Founder of Tinder, YC Continuity Fund, a large Saudi-based group, Abu Dhabi based Shorooq Partners, 4DX Ventures and …

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Brazilian start-up claims global tech innovator prize at Web Summit

Brazilian agritech start-up Krilltech has been crowned the winner of KPMG’s Global Tech Innovator pitch contest at Web Summit in Lisbon. Krilltech, which was one of 17 start-ups from all over the world competing, develops biodegradable organic nanoparticles to increase crop productivity and quality. It is a partnership between Brazilian agricultural research corporation Embrapa and …

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Nigerian tech startup launches country’s first digital address verification service

Nairobi-based , a smart addressing tech startup has partnered with Interswitch Group to launch its smart address verification product.  OkHi launches Nigeria’s first digital address verification According to reports, Interswitch’s Quickteller, a payment and wallet service is the first business in Nigeria to use the OkHi address verification service. With the service, banks will be able …

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Draper Esprit leads $17.5m Series A round in medtech start-up Aktiia

Venture capital firm Draper Esprit has led a $17.5m Series A funding round in hypertension-focused health-tech start-up Aktiia. Other investors that participated in the round include 415 Capital, Redalpine Venture Partners, Verve Capital and Translink Capital. Aktiia launched its non-invasive blood pressure monitoring system earlier this year, and it has since amassed a customer base …

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SA’s Privately Owned Startup CIRT Identified As A Unicorn – TechFinancials

Ajay Lalu, co-founder of CIRT Consumption Information Real Time (CIRT), a successful leading-edge tech start-up, has been selected to join Cohort 5 of GSD Venture Studios. GSD Venture Studios is a leading global tech accelerator that focuses on identifying global technology companies with the potential to compete in global markets. “GSD Venture Studios travels the …

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Irish-founded privacy start-up Ethyca secures $7.5m in funding

Privacy tech start-up Ethyca has raised $7.5m from LGF and Table Management. The New York-based company, co-founded and led by Irish engineer Cillian Kieran, said the fresh funding would support the roll-out of its open-source developer tools for privacy. The financing is an extension of Ethyca’s $13.5m Series A round last year, and brings its …

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Stellenbosch financial edtech startup secures funding

Based in the Western Cape, has secured an undisclosed amount in funding from ZAQ Ventures (Venture Studio), a venture capital firm that focuses on investing in startups. This funding has been secured from an angel round.  FinMeUp secures undisclosed amount in funding According to reports, the undisclosed amount of funding will be used towards the …

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