Egyptian Legaltech platform that helps entrepreneurs and company owners form organizations and register trademarks Hekouky, has announced it raised an undisclosed amount in a pre-seed fundraising round led by Nama Ventures. Hekouky was founded in 2020 by Hala Riad, Mayy Abdelbary, and Fatima Khalil with the aim of digitalizing users’

Nigeria-based B2B startup -a spinoff from Rensource (an African energy firm that provides consumers with power-as-a-service), Sabi, has announced it closed a $6m bridge deal led by CRE Ventures, a pan-African VC fund. Sabi spawned out of Rensource which has been led by Ademola Adesina and Anu Adasolum since its

Endeavor South Africa, a community of high-impact entrepreneurs, has announced it raised $8m in its Harvest Fund II for South African startups. A statement released by the organization has said that the fund which has already invested in six technological startups, with four more in the pipeline, will be fully

South African e-Commerce startup integrating hyper-personalization into mobile marketing, Mobiz, has secured $4m from HAVAÍC, Futuregrowth, Launch Africa, Allan Gray E-Squared Ventures, CapaciTech, and Endeavor’s Harvest Fund. The funding aims to propel the startup’s growth into the United States and increase its marketing, sales, and account management activities.

Egyptian Fintech startup, Hollydesk, has announced it raised $325k in pre-seed funding round to further expand its services and solutions in new markets in the region. The round was led by angel investor Faisal Abdel Salam and other investors. Hollydesk is a Cairo-based Fintech startup launched in 2020 to manage

Egyptian Edtech startup Educatly has closed a $1m pre-seed funding round to help it build on strong early growth by further developing its product and scaling up marketing efforts. Enterprise Ireland, Falak Startups, and other angel investors all participated in the round. Educatly was founded by Mohamed ElSonbaty, Abdelrahman Ayman,

Rwandan tech startups PesaChoice and Viebeg have raised undisclosed amounts of seed funds from the Kigali-based Norrsken Foundation. The Norrsken Foundation was founded by Niklas Adalberth in 2016; the firm aims at helping founders solve the world’s greatest challenges. The firm is now less than one month away from

Egyptian Edtech startup, Career 180, has announced it secured a $200k investment from EdVentures to provide Egyptian youths with employment and qualifying services across all job types. Career 180, founded in 2016 by Mohamed Akmal and Shorouk Alaa Eldin, helps children enhance their abilities to match the labor market through

Nigerian money transfer startup, Aboki Africa, which aims to simplify the currency exchange process, has announced it closed its pre-seed funding round to help it expand its team and scale its product. The investment was led by Mono CEO Abdul Hassan, with capital also coming from Niche Capital Limited, Ingressive

Ghana-based Healthtech startup Africa Health Holdings, with multiple hospitals and telemedicine services, has raised $18m in a Series A round. The round was led by Asia Pacific Land/Natural World Limited. While TRB Advisors, Breyer Capital, M3, Inc., Valiant Capital, Kepple Ventures, and SUNU Capital all participated in the investment

Nigeria-based Healthtech startup Helium Health has announced the acquisition of Meddy, a Qatar-headquartered and UAE-based doctor booking platform for an undisclosed amount. Helium Health was founded in 2016 by Adegoke Olubusi, Dimeji Sofowora, Nicholas Moore, Tito Ovia the startup is an EHR company specializing in developing hospital software to manage

Casablanca-based B2B marketplace, Sle3ti, has raised $1.3m from the investment fund of the Richbond Group. Sle3ti was launched in 2020 by Ayoub Harij, the startup allows retailers to order directly from suppliers and distributors of consumer goods (FMCG). Sle3ti aims to digitize the traditional retail sector, allowing small retailers

Rwandan health-tech startup VIEBEG Technologies has secured $1m in funding from the Rwanda Innovation Fund (RIF), managed by Angaza Capital. VIEBEG is a health tech startup founded in 2018 by Tobias Reiter (Chief Executive Officer) and Alex Musyoka (Chief Commercial Officer). The startup provides high-quality medical supplies and equipment through

Egypt-based furniture e-commerce startup Efreshli has announced it raised $550k in a seed funding round to help it build on strong early growth. Angel investor Tarek Sakr led the round and property developer Marakez and other investors also participated in the round. Founded in early 2019 by Heba El-Gabaly, Efreshli

South African online advertising solution startup, Adbot, has announced it secured $500k capital funding from Enygma Ventures to help it expand its user base. Adbot was launched in 2019 to support the growth of SMEs by empowering small business owners with simple and supportive tools to access new markets. Adbot

Egyptian Edtech startup OTO has announced it secured $400k from Egypt and the Arab world; EdVentures. OTO was founded in 2015 by Ahmed Badr and Tarek Nour, to bridge the gap between traditional education and what the market needs. The platform has been able to provide distant educational services through

Nigerian Blockchain-based Wi-Fi sharing startup Wicrypt has announced closing a strategic $1.5m funding. The round, led by AU21 Capital, is expected to help the Enugu-based enterprise expand into new countries. Polygon founder Sandeep Nailwal, Cardano’s Occam, Inclusion Capital, Outlier Ventures, Chain Capital, Pluto Digital Assets, Onega Ventures, N7

Nigerian bicycle community delivery startup Errand360, has raised an undisclosed amount of pre-seed funding to expand across Africa. The round was led by Prof Ndubuisi Ekekwe of Tekedia Capital. Errand360 launched by Adele Adetola earlier this year has used its fleet of bicycles to serve users with a variety of

Estonian Edtech startup, Mentornaut, has announced it secured a $230k investment round led by the Estonian Business Angels Network EstBAN. The startup also announced it will be launching its service in Kenya to increase inclusion in personalized education. Mentornaut counts Super angel, Martin Villig, IT-visionary Linnar Viik, and Clanbeat co-founder

Cairo-based B2B e-commerce startup Capiter has announced the opening of its new office in Dubai, UAE. Capiter was launched in July 2020 by serial entrepreneurs Mahmoud Nouh (co-founder of mobility startup Swvl) and Ahmed Nouh. The startup is a B2B marketplace that brings together manufacturers, brands, FMCGs, wholesalers, and retailers

Nigerian Fintech startup E-Settlement has acquired the Ivory Coast-based QuickCash to help its West African expansion. E-Settlement was established in 2017 by Olaoluwa Awojoodu to provide financial services to different target markets through its platforms, placing itself at the forefront of innovative, easy-to-use, affordable, secure, and inclusive payment solutions for