Egyptian Healthtech and IoT solutions startup Sotech, has announced it raised $1 million in a Pre-Seed funding.
The round was led by Innlife Investments, other prominent corporate investors including Al
African Fintech platform Finclusion Group, has announced it raised $20m in an investment round led by Fintech debt financing provider, Lendable.
Finclusion was launched in 2019 by Timothy Nuy, Finclusion
South African global mobility startup FlexClub, has announced a partnership with the sole distributor of Bajaj Auto in South Africa to offer motorcycle subscriptions to individuals and businesses in South
Zak Calisto, CEO, and Founder of Karooooo and Cartrack has acquired Cape Town-based on-demand logistics startup Picup Technologies for $4.8m. Picup Technologies was purchased for 70.1% by Karooooo
Casablanca-based MedTech startup focusing on digital pathology DataPathology has announced it raised $223k from Witamax, an investment firm founded by Southbridge A&I and the Axxam Family Office.
DataPathology
Nigerian-led LegalTech startup, Definely has announced it raised a $3m funding round. The funding round was led by Microsoft’s venture fund, M12, and supported by CRE Venture Capital.
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The Ethiopian firm behind the EPhone super dialer software Viable Solutions has announced it raised $200K in pre-seed capital, valuing it at $1.9 million.
The round was led by
Ambo Ventures, a pan-African Venture Capital firm that is focused on the content’s green economy has announced it raised $50m fund to invest in seed stage, Series A and
Toronto-headquartered Nigerian mobility startup Plentywaka, has today announced that it has changed its name to Treepz as it bids to make significant shift in its business in the African region.
Kenya’s Hello Tractor and Nigeria’s ColdHubs have been named winners of the inaugural AYuTe Africa Challenge. Their success in the challenge means they will receive a combined $1.
Ride-hailing platform, Didi, has began operations in South African and Egypt. The mobility startup began operations in South Africa on August 23 and launched in Egypt on 29 August.
In
Nigerian Fintech startup Prospa has announced it raised $3.8m in a pre-seed funding round.Liquid 2 Ventures and Global Founders Capital led the round. Other participants were both global