south

South African Telehealth Startup Contro Raises R10.1 Million From Global and Local VCs

Contro, a South African telehealth start-up that focuses on sexual health and confidence treatment services, has announced the close of their oversubscribed pre-seed funding round, raising a total of R10.1 million. Investment was raised from four international and local VCs, including Plug & Play, iCubed Capital, WZ Capital and the Jozi Angels Network, prominent local …

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9 African start-ups picked for new Startup Wise Guys cohort

Leading European start-up accelerator Startup Wise Guys, also known as an active investment fund, has selected the second batch of participants for its €7.5 million fund (about $7.6 million) for African start-up investment.  The programme – the first-ever African, B2B SaaS-focused accelerator – opened to applicants in October 2021, with the first batch of successful …

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African start-ups can now enter Global Startup Awards

Entries to the 2023 Global Startup Awards in Africa have officially opened. Start-ups, entrepreneurs, and innovation organisations at all stages of the growth cycle are now invited to apply. Not only does the competition, held in partnership with the Global Innovation Initiative Group (GIIG), give African start-ups worldwide visibility, it also offers investment opportunities via …

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Victoria’s Secret to buy online lingerie startup Adore Me for $400m

Victoria’s Secret Love Cloud campaign 2022. Source: Supplied Founded in the US in 2011 as an online lingerie startup, Adore Me has evolved into a direct-to-consumer lingerie and apparel brand serving women of all sizes and budgets. Named a leading Digital Native Growth Brand in intimates by the NPD Group, Adore Me serves more than …

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Victoria’s Secret to buy online lingerie startup Adore Me for $400m

Victoria’s Secret Love Cloud campaign 2022. Source: Supplied Founded in the US in 2011 as an online lingerie startup, Adore Me has evolved into a direct-to-consumer lingerie and apparel brand serving women of all sizes and budgets. Named a leading Digital Native Growth Brand in intimates by the NPD Group, Adore Me serves more than …

Victoria’s Secret to buy online lingerie startup Adore Me for $400m Read More »

Victoria’s Secret to buy online lingerie startup Adore Me for $400m

Victoria’s Secret Love Cloud campaign 2022. Source: Supplied Founded in the US in 2011 as an online lingerie startup, Adore Me has evolved into a direct-to-consumer lingerie and apparel brand serving women of all sizes and budgets. Named a leading Digital Native Growth Brand in intimates by the NPD Group, Adore Me serves more than …

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How Nigeria signed Startup act before South Africa

Last week, Nigerian President Muhammadu Buhari signed into law the Nigerian startup act. The legal instrument will fuel startup growth in Nigeria according to many who were part of the process in Nigeria. Communications volunteer for the Nigeria Startup Bill Project, Stephen Edache, said: “This ground-breaking achievement will usher in a new era and set …

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Shoprite Makes A Strategic Investment In Local Tech Startup

The Shoprite Group made its second minority investment in a South African tech startup this year. In the most recent transaction, the retailer is among a group of companies, led by Buffet Investments and KLT, in an undisclosed expansion round in Omnisient, Africa’s first privacy-preserving data collaboration platform provider. “We are excited by local start-ups …

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SA Startup CURBON Takes Bold Offset And Uplift Approach To Solve Climate Change

According to billionaire co-founder of Microsoft, Bill Gates, it is unrealistic to expect to solve climate change by asking people to live greener lifestyles. Telling people to stop eating meat, drive less, and buy smaller houses is unlikely to be effective, at least not yet. Changing human desires is simply too difficult, and we should …

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Startupbootcamp scouting for Africa Startup Initiative Accelerator Program – Hypertext

The Africa Startup Initiative Accelerator Program (ASIP) is currently looking for its third cohort of startups on the continent. Startupbootcamp AfriTech is assisting in the search, focusing on critical industry verticals. Over the last five years, 50 African startups have completed the Startupbootcamp AfriTech Accelerator. Startupbootcamp AfriTech (SBC) is on the search for the next …

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