Kenyan e-commerce startup Cartnshop has raised $400,000 in its first funding round to accelerate commercialization operations in the coming months.
Cartnshop is a tech-enabled platform that allows retail businesses
Egyptian logistics provider startup, Milezmore has raised $5 million from the social commerce platform, Brimore in a pre-seed funding round.
Milezmore is a cutting-edge, cost-efficient, tech-enabled logistics solutions platform that
South African startup Zindi, has secured $1 million in a seed funding round to aid the expansion of its network of data scientists.
The seed funding round had four investors,
Nigerian fintech startup, Earnipay, has raised $4 million in seed funding to provide salary solutions to employees.
The seed round was led by venture capital firm Canaan, with participation from
In 2021, African startups raised over $4 billion in venture capital, with seven tech startups becoming unicorns, a meteoric rise from 2019 and 2020. This success for startups became a
Ugandan fintech startup ChapChap has secured funding to accelerate growth and social impact creation. The funding round was led by Nordic Impact Funds and conducted through the Investure-Impact Exchange.
ChapChap
South African startup Carscan has raised $1.3 million in a funding round to further its expansion operations. Carscan is a prime artificial intelligence and augmented reality app built for
The Nigerian-owned housing startup Whose Your Landlord (WYL) has raised $2.1 million in pre-seed funding, led by Black Operator Ventures (Black Ops Ventures).
WYL is a US-based multipurpose platform
The mobility fintech company Moove has secured a $10 million financing deal from NBK Capital Partners Mezzanine Fund II. This makes the sixth investment from the Fund advised by NBK
Nigeria-based Touch and Pay Technologies Limited (TAP) and Ugandan fintech, Numida join other African startups as they announced participation in the winter batch of the 2022 Y Combinator accelerator program.
Senegal-based logistics and delivery company, PAPS, has announced the raise of a $4.5 million pre-Series A round to expand its services to other Francophone regions.
The funding round was
In its first deal for the year, VC firm, Microtraction, has announced an investment in fintech startup Pivo, a financial platform for small and medium-sized businesses.
In a Medium post,
