Funding

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Funding

A collection of 8 posts

UAE’s HashMove Secures Pre-Series A Round For Saudi Expansion

UAE’s HashMove Secures Pre-Series A Round For Saudi Expansion

UAE-based logistics platform HashMove has secured an undisclosed pre-Series A round from Bahrain’s Bunat Ventures with participation from a Saudi business group. HashMove will use the fresh funding to expand and relocate its headquarters to Riyadh in Saudi Arabia. The company has already made news by signing an agreement

Egypt based Healthtech startup, Rology Closes Pre-Series A Round

Egypt based Healthtech startup, Rology Closes Pre-Series A Round

Egypt-based healthtech startup, Rology has raised an undisclosed pre-Series A round from Egypt Ventures, Sequence Ventures, Waseel, Tawaref, and Viktoria Ventures, alongside previous investors including HIM Angels, AAIC, DAI, and Cubit Ventures. Founded in 2017 by Amr AboDraiaa, Mahmoud Eldefrawy, Moaaz Hossam, and Bassam Khallaf, Rology is an on-demand teleradiology

CredPal secures $15m in debt and equity funding, to expand its BNPL product across Africa

CredPal secures $15m in debt and equity funding, to expand its BNPL product across Africa

CredPal, a Nigeria based startup that offers Buy Now Pay Later service, has announced it raised $15 million in equity and debt in a recent bridge funding round to scale its consumer credit offerings across Africa. The debt was provided by a few unnamed financial institutions while the equity was

Flutterwave Secures $250m Series D, Becomes the most valuable tech startup in Africa

Flutterwave Secures $250m Series D, Becomes the most valuable tech startup in Africa

Pan African fintech startup, Flutterwave has announced that it has raised $250 million in Series D funding, valuing the company at over $3 billion as the brand continues to transform the way Africans transact on the continent and worldwide. Flutterwave has become the highest valued African startup with this investment.

Kenya’s Asilimia raises $2 million to expand into new markets in East Africa

Kenya’s Asilimia raises $2 million to expand into new markets in East Africa

Asilimia, a Kenyan-based digital infrastructure startup connecting African MSMEs to the formal financial economy, has secured $2 million to grow its team, deliver new services and expand into new markets in East Africa. The startup raised $1 million in pre-seed funding from a wide range of investors, including two-time unicorn

South Africa’s AURA raises $4.7m Series A funding to expand its emergency service

South Africa’s AURA raises $4.7m Series A funding to expand its emergency service

South-African medical and security response platform, AURA, has raised $4.7m in a Series A funding round to scale its operations globally. The round was led by MultiChoice Group (MCG) with participation from KLT Holdings and Buffet Investments. Founded in 2016 by Warren Myers, Ryan Green and Adam Pantanowitz, AURA

Nigerian health-tech startup, DrugStoc raises $4.4m Series A to expand its operations

Nigerian health-tech startup, DrugStoc raises $4.4m Series A to expand its operations

Nigerian drug distribution startup, DrugStoc has announced the raise of a $4.4m Series A funding to expand across Nigeria. The Series A round was led by Africa HealthCare Master Fund (AAIC) with participation from Vested World, a repeat investor, and the German Development Bank (DEG). Other private individuals also

Nigerian owned Oja bags $3.4M to build an online cultural supermarket for Londoners

Nigerian owned Oja bags $3.4M to build an online cultural supermarket for Londoners

Oja, a Nigerian owned, London based eCommerce startup has announced the raise of a $3.4M pre-seed round to build an online supermarket that targets the UK’s growing cultural communities. The round was led by LocalGlobal, with participation from Acequia Capital; Tiny VC and HoaQ Fund. Private investors such