Funding
Maxula Gestion Kicks Off Fresh Funding Round For Tunisian Startups
The funding is in step with Maxula Gestion’s broader ambition to inject fresh life into Tunisia’s sports sector through innovative ideas.
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Funding
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Showing 41–60 of 97 articles
Funding
Renew Capital Backs Kenya’s Sevi With Funding To Enhance Stock Financing For Retailers
The investment will allow Sevi to further develop its technological infrastructure, expand its network of suppliers and retailers, and enhance financial inclusion for SMEs across Kenya.
Funding
SA-based Naked Lands $38 Million In Funding In the Insurtech Sector’s Largest African Deal
“This investment marks an exciting milestone, as we continue to define a new category of insurance,” says Alex Thomson, co-founder of Naked.
Funding
Nigeria’s SeamlessHR Lands $9 Million In Extension of Series A Funding, Seeks To Support Expansion Across Africa
Since its inception, Seamless HR has designed its offerings with an outlook on Africa, hoping to expand and adapt its innovative solutions to the various needs of businesses across Africa.
Funding
Ilara Health Secures $1 Million in Loan From The US To Upgrade Kenyan Clinics
The $1 million loan to Ilara Health is part of a larger portfolio of 22 transactions approved by DFC in the first quarter of FY2025, amounting to nearly $3 billion.
Funding
Morocco-based Car Wash Startup Secures $600,000 in Funding To Tackle Water Scarcity
The company says it is committed to social impact, focusing on recruitment and training of local “washmen” and establishing a “Washminute Academy” to provide upskilling opportunities for employees and partners.
Funding
Eco-Conscious Travel Platform Conservio Raises $1 Million To Accelerate Expansion Across South Africa
“We prioritize curating accommodations that not only offer exceptional travel experiences but also contribute to environmental conservation and uplift local communities,” said Lara Dendy Young, CEO and co-founder of Conservio.
Funding
Novastar Ventures Invests $3 Million In Sistema.bio To Support Biogas Solutions in Africa
With this latest funding round, Sistema.bio has raised a total of $18.5 million in 2024. The funds will be used for regional expansion, product development, and supporting the company’s anticipated Series C funding round
Funding
The Awareness Company (TACo) Raises $1.6 Million To Support AI Sustainability Platform
Having onboarded over 50 B2B customers and forged partnerships with the United Nations and Microsoft, TACo seems to be gaining significant traction.
Funding
Former Director at Opay Leads LemFi To Secure $53 Million Series B Funding
At the moment, LemFi operates across 27 send-from markets and 20 send-to countries, including Nigeria, Kenya, India, China, and Pakistan.
Funding
Sanabil To Channel $3 Billion Startup Investment Into North Africa With Orbit Accelerator
Orbit Startups has a track record of investing in early-stage companies in China and India and has been expanding its presence in the MENA region.
Funding
Egypt’s ReNile Lands $450,000 Funding, Seeks To Accelerate Regional Growth
CEO Eltawab also announced that the company is setting its eyes on contracts worth EGP 40 million ($1.3 million) in the first quarter of 2025.
Funding
JOBO Interim Secures #2 Million In Funding To Revolutionize Recruitment in West Africa
In just one year, JOBO Interim has qualified 30,000 workers, with an additional 60,000 in the pipeline. Partnerships with major clients such as Vinci and Yves Rocher highlight the platform’s growing influence
Funding
China’s Gotion Joins Morocco EV Fray, Invests €128 Million
Gotion’s new facility will have an initial production capacity of 20 gigawatt hours (GWh), with a potential to expand to 100 GWh.
Funding
ValU Raises $10 Million Via Debt Market in Latest Securitization Deal
In a move that further diversifies the company’s offerings and enhances convenience for its growing customer base, ValU recently partnered with Visa to launch the Titanium credit card, providing exclusive benefits to its customers.
Funding
PBR Life Sciences Lands $1 Million In Pre-Seed Funding To Accelerate AI-Powered Healthcare Expansion
PBR Life Sciences boasts of being the first firm in the region to establish an holistic and multifaceted healthcare data platform in form of “Versus”, its flagship solution that leverages artificial intelligence and machine learning to analyze data collected from retail pharmacies.
Funding
Morocco’s Talaty Receives Investment From Witamax To Bolster AI-Powered Credit Solutions
Moreover, the investment by Witamax and Renew Capital indicates a shared vision of empowering local businesses and promoting sustainable economic development.
Funding
Proparco Backs Equator Africa Fund With $5M To Support Climate-Focused African Startups
The Equator Africa Fund has its headquarters in Nairobi and Lagos, using the local expertise in conjunction with global best practices to support startups with a potential to bring transformation.
Funding
Tyme Group Secures $250 million Series D Funding, Becomes Africa’s Ninth Unicorn
With this valuation, Tyme has taken the critical step to finally becoming a unicorn and Africa’s ninth one.
Funding
Sanari Capital Raises $80M Africa-Focused Fund, Targets Technology-Driven Growth
Sanari Capital focuses on mid-market investments, majorly serving founder-run, owner-managed, and family-owned businesses.