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SA Edutech Startup FoondaMate Raises $2-Million in Seed Funding

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SA Company Wins $50-Million in Africa’s “Largest-Ever” Crypto Raise

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MFS Africa Raises $100-Million in Series C Funding

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Nigeria’s OPay Raises $400-Million in Largest Investment Round by African Startup

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Elon Musk’s Neuralink Brain-Computer Devices Raise $205-Million

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Kenyan Food Delivery Startup Secures $1-Million Pre-Seed Ahead of August Launch

Image sourced from TechCabal. /* custom css */ .tdi_4_0b0.td-a-rec-img{ text-align: left; }.tdi_4_0b0.td-a-rec-img img{ margin: 0 auto 0 0; } Upcoming Kenyan food delivery startup Kune has closed a pre-seed funding round at $1-million in investments. The startup, which seeks to prepare and deliver freshly-made, ready-to-eat meals at affordable prices, will look to use the capital boost to scale its on-demand services before its planned launch in August later this year. The pre-seed funding round was led by Pan-African venture capital consortium, Launch Africa Ventures, and supported by Century Oak Capital GmbH, Consonance and Pariti, an ecosystem management firm. /* custom css */ .tdi_3_884.td-a-rec-img{ text-align: left; }.tdi_3_884.td-a-rec-img img{ margin: 0 auto 0 0; } Kune on the Go T...

Cape Town Tech Startup Secures $14.5-Million More in Funding

“In emerging-market megacities, hundreds of millions of people use public transport to get where they need to go. Before WhereIsMyTransport, there was no central source of data for these networks, despite their size, scale, and importance,” reads a blurb on the startup’s official website. “WhereIsMyTransport helps people understand mobility in emerging-market megacities. We’re trusted by industry leaders like Google, the World Bank, and WSP.” Founded in Cape Town in 2015, the tech startup focusing on mobility creates data maps for formal and informal public transport networks in cities and uses this data and tech to improve the public transport experiences of commuters. WhereIsMyTransport hopes to make public commutes more reliable, predictable, safe, inclusive and more accessible to indiv...

4 Fresh Venture Capital Trends Shaping New African Investments

/* custom css */ .tdi_4_d6c.td-a-rec-img{ text-align: left; }.tdi_4_d6c.td-a-rec-img img{ margin: 0 auto 0 0; } With the second half of 2021 approaches and COVID-19 vaccinations roll out across the globe, albeit at varying rates, Ian Lessem, Managing Partner at HAVAIC, investors in early-stage, high-growth technology businesses, considers the trends making an impact on the African Venture Capital landscape. Homegrown Solutions With the world having adjusted to new ways of shopping, learning, and doing business as a result of the COVID-19 pandemic, the appetite for solutions that solve real, tangible problems are without a doubt the best opportunities for growth. Solutions that offer people and organisations better ways of living and working with less friction will reign supreme. In the Afr...