Technology
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MaxAB, An Egyptian B2B E-commerce Platform For Food and Grocery Supplies, Bags $40 Million
The Egyptian B2B e-commerce startup MaxAB has raised $40 million in pre-Series B, aiming to cover all of Morocco by…
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Bumpa Raises $4 Million to Facilitate Production, Profitability for SMEs
The fund will fast-track Bumpa’s goal to build the future of commerce for African sellers. Other investors who participated in…
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Egyptian Startup Kenzz secures $3.5M in Seed Funding
An E-commerce platform based In Egypt and the MENA region, Kenzz has secured $3.5 million in seed capital. Outliers Venture Capital, a…
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Ubenwa Raises $2.5 Million To Drive Its Mission To Diagnose Infants By Interpreting Their cries
Ubenwa, an innovative healthtech startup that leverages artificial intelligence and machine learning to diagnose infants within 0–6 months of age,…
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The Fashion Kingdom, an e-commerce startup in Egypt, locks in $2.6 million seed funding
The e-commerce market in Africa is going through the roof. In the past 3 years, we’ve seen tech unicorns, logistics companies,…
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ShopEX Raises $635,000, as it Aims to be the QVC of Africa
The investment forms part of a US$635,000 convertible notes round alongside existing angel investors, bringing total investment to date to:…
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Zimbabwean Founded Blockchain Start-up, FlexID Technologies Receives Funding From Algorand Foundation
Zimbabwean founded blockchain start-up, FlexID Technologies (formerly FlexFinTx), has signed a Simple Agreement For Equity (SAFE) with the Algorand Foundation, to further develop and scale…
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Egypt’s Instabug raises $46m Series B Funding Round
Founded in 2016, Instabug helps developers better understand the performance of their mobile applications, and its impact on user experience. The company’s…
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Mobile-First Enterprise Software Bamba, Has Secured $3.2m In Seed Funding To Scale Its App And Build Out Its Team.
Venture capital firm 468 Capital led the round with participation from Presight Ventures, Jigsaw VC, and high profile angels Mato Peric, Leonard Stiegeler, Laurin…
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SA Internet Service Provider TooMuchWifi Has Received US$585 000 From The BLOC Smart Africa fund (BLOC SA) Initiated By The Smart Africa Alliance, managed by Bamboo Capital Partners
The proceeds of the funding will go toward scaling operations to increase presence in the existing markets and expand into…
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