Startup

A collection of 438 posts

Startup

Egyptian E-commerce Startup Teegara Secures Five-figure Pre-Seed Round

Cairo-based e-commerce startup Teegara.com has announced it raised five-figure funding in a pre-Seed funding round led by the Alexandria Angels Network and angel investors from Saudi Arabia, Egypt, and the Netherlands. Teegara is a B2B2C e-commerce startup founded in 2019 by Ahmad Kayyali and Nader Ibrahim, with Ahmed Samir

Startup

Egyptian gaming Marketplace Gamesbandy secures $40k Grant funding

Egyptian gaming marketplace GamesBandy has announced it closed $40k in grant funding from Taqadam, a MENA-based accelerator firm helping African startups to scale. Gamesbandy was founded in 2020 and became the first platform in the region to provide users with a safe and simple way to buy and sell gaming

Startup

South African Agritech Startup Khula launches app after closing $1.3m funding round

One month after closing a $1.3m seed round led by AECI and ESquared Investments, Johannesburg-based Agritech startup Khula has announced the launch of their new app in a statement. Khula was founded in 2016 by the trio of Karidas Tshintsholo, Matthew Piper, and Jackson Dyora and had over 3000

Startup

African Startups Can Apply for V8 Growth Labs accelerator

V8 Growth Labs has announced that African startups can apply for the second edition of the V8 Growth Labs accelerator program. The three-month V8 Growth Labs Accelerator will offer African startups access to mentorship, business development, and up to $50k in the capital. The program which is sponsored by V8

Startup

Eight Egyptian Startups Secure Funding from Flat6Labs Cairo Seed Program

The Egyptian startup continues its series of funding activities as Flat6Labs, a Cairo-based accelerator firm announced that eight Egyptian startups have just graduated from Flat6Labs Cairo Seed Program’s 16th cycle and will be receiving investment ranging from $30k to $50k in cash. Albert Malaty, managing director of Flat6Labs Cairo

Startup

Egyptian Fintech Startup, CreditFins, raises Pre-Seed Round

Cairo-based Fintech startup providing credit card management service CreditFins has announced it raised an undisclosed sum in a Pre-Seed funding round co-led by Flat6Labs, AUC Angels, TA Telecom Holding, and other strategic angel investors with technical and investment backgrounds. CreditFins was founded in 2020 by Sherif Radi, Gamal Eldin Sadek,

Startup

Nigeria Agritech startup Releaf plans Expansion into more crops and African markets

Nigerian Agritech startup Releaf developing proprietary hardware and software solutions to the industrialization of food processing in Africa has announced plans to expand into more crops and additional West African markets. Releaf was founded in 2017 by the trio of Ikenna Nzewi, Uzo Ayogu, and Isaiah Udotong. The startup which

Startup

African Agritech Startups can benefit from AgriHack 2021

The AGRF and Heifer International have announced that Agritech startup can apply for the Pitch AgriHack 2021. This will be the seventh edition of the Pitch AgriHack contest, exclusively at African businesses bringing technological innovation to the agriculture sector. The aim of the competition is to accelerate entrepreneurial growth and

Startup

Nigerian Healthtech Startup Field Intelligence Expands into 11 New Cities in Africa

Nigeria based Healthtech startup Field Intelligence digitizing the supply chain and transforming access to essential, life-saving medicine, has announced its expansion into Rivers, Edo, Kaduna, Kano, Enugu, Delta and Kwara States in Nigeria, and Eldoret, Mombasa, Kisumu and Naivasha in Kenya. Field Intelligence launched Shelf Life in 2017 to solve

Startup

Moroccan Maintenance Startup, Saweblia Secures $335k From CDG Invest

Casablanca-based maintenance startup Saweblia that specializes in home and office repairs has announced it secured $335k seed funding from CDG Invest. The funding comes as a result of the startup’s emergence as the winner of the second promotion of the 212Founders program. By virtue of the investment the startup,

Startup

South African Owned Go1 secures $200 Million in Series D, Becomes South Africa’s First Unicorn

Australia based Edtech startup Go1 has announced a $200M Series D round valuing the company at more than $1B. This Series D funding round was led by new investor SoftBank Vision Fund 2, alongside AirTree Ventures, Salesforce Ventures, Blue Cloud Ventures, Larsen Ventures, TEN13, and Tiger Global. Previous investors include

Startup

Kenya-founded Guidewheel raises $8m Series A for US expansion

Nairobi-based manufacturing tech startup Guidewheel has announced it closed an $8m Series A funding round to power its ongoing expansion in the United States (US). The round was led by Greycroft and joined by leading firms, angels, and Fortune 500 executives Guidewheel was established in 2018 and operated as Safi

Startup

Bicycle-based delivery service Errand360 launches in Nigeria

Bicycle community delivery startup Errand360 has been launched in Nigeria. The startup which is accessible via its mobile app serves users’ demand for quick and short errands within their communities and on-demand delivery services. The startup which was created by Adele Adetola will begin the first phase of rollout in

Startup

African Cleantech Startups Invited to Apply for $11.5m Afri-Plastics Challenge

Nesta Challenges has announced the launch of the Afri-Plastics Challenge. The Challenge will reward the best Cleantech startups with waste management solutions from throughout Sub-Saharan Africa for marine plastic waste in poor nations. The challenge aims to reduce the tonnes of plastic that end up in oceans and other water

Startup

What’s going on with the Nigeria Startup Bill?

On the 8th of May, a few members of Nigeria’s tech ecosystem together with the Presidency invited you to discuss the Nigeria Startup Bill. We reached out to you on short notice, only a few days to the time. Yet, over a hundred of you showed up. We held

Startup

South Africa Short-Term Insurtech Startup, Ctrl Secures $2.3m from Naspers

South African short-term Insurtech startup, Ctrl, has announced it raised $2.3m from early-stage business funding initiative Naspers Foundry. Ctrl was founded in 2017 by Pieter Venter. The Insurtech startup is committed to offering digital short-term insurance advice to consumers, brokers, and insurers in the short-term insurance business. Basically, Ctrl

Startup

Patricia Relocates Headquarters to Europe

Three years old Nigerian Blockchain startup, Patricia has announced it is done with Nigeria and will be moving its headquarters to the Northern European country of Estonia. The announcement is coming after the startup has faced several unfavorable policies from the country’s regulators — SEC, and the CBN. Patricia was

Startup

UNDPTogo Launch $476k Annual Fund for Startups in Togo

The Support Fund for Economic Initiatives for Young People (FAIEJ) and the United Nations Development Program (UNDP-Togo) has launched the Togolese Facility for the Acceleration and ‘Innovation (FTAI) to provide $476k for young tech startups in the country. The platform aims to fund ambitious startups with innovative ideas, intending to

Startup

South Africa’s home services Startup Kandua raises pre-Series A funding round

Johannesburg-based home services eCommerce startup Kandua has announced it raised an undisclosed amount in a pre-Series A funding round to help it expand its product offering and grow further. The funding was raised by a group of investors including Knife Capital and Allan Gray E-Squared Ventures (AGEV). Kandua was founded

Startup

African Startups Invited to Apply for UNICEF Seed Funding

African tech startups have been invited to apply for UNICEF Innovation Fund’s $100K equity-free investments in early-stage startups. Interested startups must have a working business plan as well as the potential to help mankind in one of UNICEF’s program countries. The Innovation Fund’s main goal is to

Startup

Egyptian Healthtech Startup, Vezeeta, Expands to Nigeria, Kenya and Ghana

Egypt-based Healthtech startup Vezeeta has announced it’s expanding its B2B SaaS pharmacy services to Nigeria, Kenya, and Ghana. The expansion is supported by TEAMFund, a US-based impact VC focused on promoting tech change and healthcare access in emerging economies. Vezeeta was founded in 2014 by Amir Barsoum and Ahmed

Startup

Egyptian Healthtech Startup Estshara Secures $500k In Seed Funding Round

Cairo-based Healthtech startup Estshara has raised $500k funding from Egypt Ventures in a Seed fundraising round. Estshara is an e-health platform founded in 2018 by the duo of Amin El-Hemaily and Ahmed Mahmoud. The startup provides online health consultations and telepharmacy services. The pandemic and post-pandemic era have necessitated the

Startup

South African Fintech Startup Akiba Digital raises $1.1m pre-seed funding

South African Fintech startup Akiba Digital has announced it raised over $1.1m in a pre-seed funding round led by Expert DOJO and Oui Capital. Other participants in the round include Basecamp Fund, Soma Capital, Hustle Fund, Future Africa, LoftyInc, a former PayPal executive, and a handful of angel investors.

Startup

South African Wellness app Strove raises $270k in Seed funding

Cape Town-based employee wellness app Strove has announced it raised $270k in a seed funding round led by venture capital firm, Launch Africa. Strove was founded in 2020 by Chris Bruchhausen in partnership with The Delta. The startup is an activity-based application that enables companies to incentivize their employees to

Startup

Kenyan Adtech Startup AIfluence raises $1m seed funding round

Kenyan Adtech startup AIfluence has announced it raised $1m in a seed funding round. The round was led by the Dubai-based EQ2 Ventures, including Antler East Africa, Nigerian VC Oui Capital, ArabyAds, and a European family office. AIfluence was founded by Nelson Aseka (CEO), George Issaias (CMO), Lamusia Anzaya (COO)