Funding
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Venture Capital Company TLcom Capital Secures $154M Tide Africa II Early-stage Fund
Africa-focused venture capital company TLcom Capital has announced the final close of its US$154 million Tide Africa II early-stage fund,…
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Egypt’s Fintech Startup Bokra Closes a $4.6M Pre-Seed Funding Round
Bokra, a Cairo-based fintech, announces the successful closure of its $4.6 million pre-seed round led by DisrupTech Ventures and SS…
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Egypt’s HRtech Bluworks Secures $1M in Pre-Seed Funding to Enhance its Products
bluworks, an Egypt-based startup developing blue-collar HRTech SaaS solutions, has raised a $1 million Pre-Seed investment round, led by Saudi…
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Egyptian Fintech Waffarha Lands Seven-Figure Seed Round Investment from VMS
Egypt-based Fintech Waffarha has raised a seven-figure Seed round by Value Makers Studio (VMS). Founded in 2012 by Tarek Magdy,…
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Egypt-based Potcast Secures Undisclosed Funding Round from Shark Tank
Egypt-based podcast production company “The Potcast Productions Company” (TPP) has raised an early financing round at an undisclosed value through…
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AI Startup Spatialedge Secures $3.1M Funding to Expand Retail Presence
The South Africa-based data and applied artificial intelligence (AI) solutions startup Spatialedge has secured ZAR60 million (US$3.1 million) in funding…
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OmniRetail Secures Fundraising with Undisclosed Amount from Goodwell Investments
Nigerian retail-tech startup OmniRetail has kicked off its latest round of fundraising with an undisclosed amount of funding from Goodwell…
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Spark+ General Partner Declares Second and Third Closings for Spark+ Africa Fund
Spark+ General Partner has announced the second and third closings of Spark+ Africa Fund, with a current AUM of US$64…
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Baobab Network Acquires Marketing Firm to Enhance Startup Support
Baobab Network, an early-stage investor that backs startups across Africa, has announced the acquisition of Reflector Marketing, a strategy and…
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Verod-Kepple Africa Ventures Wraps Up Pan-African Venture Fund with $60M Closing
Verod-Kepple Africa Ventures (VKAV) has announced a final close of US$60 million for its pan-African venture fund, which invests in…
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