Seed Funding
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Funding
Innovation Drives Traction to Secure $6M Seed Funding Amidst Sizzling Competition in Nigeria’s Merchant Acquiring
Micro, small, and medium-sized firms (MSMEs) constitute the backbone of the Nigerian economy, accounting for more than 60% of GDP…
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Funding
Kubik, an Ethiopian Startup, Secures $3.34 Million in Seed Funding to Expand Sustainable Building Technology
Ethiopia’s Kubik, which specialises in the transformation of hard-to-recycle plastic waste into affordable, low-carbon building materials, has raised US$3.34 million…
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Funding
The Baobab Network, Headquartered in Nairobi, Funds Five Promising Startups with $50k Investment Each
The Baobab Network, a Nairobi-based accelerator that invests in early-stage tech companies across Africa, has announced its latest cohort of…
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Funding
Haul247, Nigerian Logistics Startup, Secures $3 Million Seed Funding to Fuel Market Expansion and Drive Innovation Across Africa
Haul247, a logistics tech platform based in Nigeria, has successfully raised $3 million in seed funding. The funding will be…
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Funding
Jia, Blockchain-based Small Business Lender, Raises $4.3M Seed Funding
Jia, a blockchain-based fintech that lends to micro and small businesses in emerging markets, has raised $4.3 million in seed…
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Funding
Figorr Secures $1.5 Million in Seed Funding to Revolutionize Perishable Goods Insurance
Gricd, a technology company that develops Internet of Things-powered solutions to support the last-mile delivery of perishable goods, has raised…
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Funding
Tanzania’s NovFeed Named Overall Winner Of The $1M Milken-Motsepe Prize in Agritech
This year’s Milken-Motsepe Prize in Agritech went to NovFeed, a biotech company based in Tanzania. The startup won the $1…
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Funding
42Markets Raises $10M From Convergence Partners for Fintech Expansion
Convergence Partners has given the financial and capital markets fintech investment group, 42Markets, $10 million to help its portfolio companies…
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Funding
DFS Lab and Stellar Development Foundation to Launch Africa Digital Payments Fund
DFS Lab confirmed the launch of the DFS Lab Stellar Africa Fund I, which will support high-potential builders and teams…
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Funding
Altech Group Raises $18m to Increase Energy Access in DRC
The Altech Group, based in the DRC, has raised US$18 million in loans and grants to keep improving its market…
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