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 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
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.
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-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 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
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