South African based multi-medical device development startup, Impulse Biomed, has secured an undisclosed amount in a venture capital investment towards developing its innovative medical device. The investment was made by
We are used to relaity TV shows comprising of camera stunt show, to dating show, to documentary-style series unscripted dramas, makeover sagas, celebrity exposés, lifestyle-change shows, dating shows and several
Afriex, a startup backed by Ycombinator has secured $1.2million in seed funding to expand its payment and remittance reach across Africa. The round was led by Pan African VC
Today, Y-Combinator is given 10 startups in its 2021 batch the opportunity to pitch their products to the world. Accelerator firms have days when they allow startups showcase their products.
Nigerian based communications as a service (CaaS) startup, Termii has just closed a $1.4 million seed round. The round was co-led by early stage VC firm Future Africa and
In Nigeria, when people have lots of places to be, they say ‘I get plenty waka’. Plentywaka has been operating in Nigeria since 2019 to manage the problems involved in
Ghanaian startups Boost and KudiGo have been selected for Catalyst Fund’s Inclusive Digital Commerce Accelerator programme, and have secured $120,000 to enable them better serve informal SMEs and
A survey by Genome which featured 1,070 startups from 50 countries around the world revealed that a majority of startups are in the red zone, with less than three
Koinz, an Egypt-based restaurant aggregator startup, recently raised a $4.8million seed round. The round was led by Justin Mateen who has been actively involved in investing in startups since
Flutterwave, Envyl, Instabug, Lynks, Paystack and Worldcover all have something in common: the accelerator, Y-Combinator. Y-Combinator has differentiated itself from other startup accelerator firms in Africa in the value-added service
Following a successful 2020 comprising eight new investments and three international exits, African focused venture capital (VC) investor HAVAÍC has announced the launch of its newest fund.
With a track
Despite the pandemic, 2020 seems to be a watershed for African Tech startups as they were able to raise US$701,460,565 in funding and seed investments.
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