Daily Digest, Monday 15 November 2021
Funding In Northern Africa
Egypt’s edtech startup, Educatly, secures $1mn pre-Seed round
With the support of Falak Startups and Enterprise Ireland, Educatly will achieve its growth plans faster by integrating new technologies like AI and Blockchain that will lead to maximizing the value they offer to their customers. Read more
Egypt’s mobility startup, BlinkApp, secures six-figure Pre-Seed to improve its service & expand
BlinkApp wants its technology to be loaded on cellphones with the goal of improving overall driving behavior, providing speedier roadside help, and making roads safer for everyone. Read more
Funding In Eastern Africa
Uganda’s Electric Mobility Startup, Zembo, Lands US$3.4m From Toyota, DOB Equity, and InfraCo Africa
However, they are regarded as a major source of noise and air pollution, problems that would be addressed by a transition to electric power. Read more
Funding In Southern Africa
South Africa’s Insurtech startup, Root, raises US$3mn seed funding to scale its operations across Africa
While Root intends to acquire more technical and business talent in Europe, Hopley claims that a significant portion of the company’s workforce will remain in South Africa. Read more