South Africa
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Funding
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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Acquisition
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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Funding
South African Startup Float Receives $11M in Funding from Standard Bank
Standard Bank has provided an $11 million facility to fintech Float, which will facilitate the rollout of its card-linked instalment platform,…
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Funding
South African Planet42 Raises $16M to Expand Vehicle Financing Solutions
Planet42, a South Africa-based car subscription company, has raised $16 million debt and equity funding from Standard Bank, marking a…
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Funding
South African Simera Sense Secures $14.8M in New Funding for Growth
The South Africa-based Simera Sense, a global leader in providing end-to-end optical payload solutions to the small satellite Earth observation…
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Partnership
Mastercard Collaborates with SAVA to Empower SMEs in South Africa, Nigeria, Kenya, and Egypt
Mastercard and Johannesburg-based fintech company SAVA have announced a partnership that will support small, medium, and micro enterprises (SMMEs) through…
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Funding
RecoMed Receives Funding from Japanese Pharmaceutical Company Eisai
South African digital healthcare marketplace startup RecoMed has raised an undisclosed – yet sizeable – amount of funding from the…
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Acquisition
South African Payroll and HR Company PaySpace Gets Acquired by US Firm Deel
South African payroll and HR company PaySpace has been acquired by the US firm Deel in a partnership that makes…
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Funding
Conducive Capital Unveils $50M Venture Capital Fund for Early-Stage Startup Investments
South African venture capital company Conducive Capital has launched a US$50 million fund to invest in early- and growth- stage…
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Funding
South African Startup Cue Secures $2M Funding to Enhance Customer Service Through AI
South African startup Cue, a fast-growing provider of AI-enabled customer service chat software, has closed a US$2 million seed round…
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