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TurnStay
Fintech providing payment infrastructure for Africa's travel and hospitality industry.
UndisclosedJul 2024ZA
Chargel
A digital trucking platform connecting shippers and carriers in Francophone West Africa.
SeedApr 2023SN
Payday
SeedApr 2023
Terraa
Terraa sources fresh food from farmers and distributes it to resellers.
Pre-seedFeb 2023MA
CutStruct
A B2B construction procurement platform connecting buyers with vetted vendors.
Pre-seedNov 2022NG
Bumpa
Provides tools for African business owners to establish and manage their enterprises online.
SeedOct 2022NG
Tanda
Tanda provides shop owners with inventory credit and enables them to offer essential services.
Pre-seedOct 2022KE
Pastel
Bookkeeping and digital platform for merchants.
SeedAug 2022NG
TopUp Mama
One-stop shop for African restaurants to access supplies and short-term credit.
SeedMay 2022KE
We recorded four deal activities in the African startup ecosystem last week, the most impressive of which was Nala’s $40 million Series A round. This deal will fuel the company’s global growth and expansion plans. Skincare ecommerce company, Uncover, also raised $1.4 million, along with other deals involving Turnstay and BasiGo. Funding Uncover Funding round: […]
AU Startups·7/16/2024
Last week, we recorded five funding deals across Africa. Autochek, the Nigerian car financing platform, continues its acquisition spree with the acquisition of Autotager, its sixth in less than two years. Pre-Seed CoaChess, a Tunisia-based gaming platform, has raised a $191,000 (600,000 TND) pre-seed funding round from Omicrone. Founded in 2021 by Iheb Kaabi, CoaChess […]
AU Startups·4/23/2023
Last week, the African startup scene witnessed an interesting turn of events, with venture fund news surpassing startup fundraising news. Despite this, three startups operating in Nigeria successfully secured seed funding rounds. In this edition of the Weekly Insider, we will delve into the details of these noteworthy developments. Seed Payday, a Rwanda-based fintech startup, […]
AU Startups·4/3/2023
The Baobab Network and TECA accepted a combined twelve early-stage startups to their cohorts this week, continuing the trend of accelerators and incubators announcing their cohorts. These startups, ranging from personal beauty marketplace to startups addressing climate change, will receive funding as well as venture building support. We recorded twenty-four funding rounds in a week […]
AU Startups·2/20/2023
This week saw eight funding deals, three of which were pre-seed rounds. This week’s rounds were also diverse, including startups from the Big Four (Egypt, South Africa, Kenya, and Nigeria), Rwanda, Algeria, and Morocco. Let’s get right into it! Funding Pre-Seed Eden Care, a licensed digital insurer based in Rwanda, has completed a pre-seed […]
AU Startups·11/11/2022
This week was especially slow, with only about six raises and one acquisition. However, we witnessed two mega-deals; talking about Phoenix’s $100M Series A round and MaxAB’s $30M Pre-Series B round. Fintechs dominated the rounds, as is becoming customary, accounting for 50% of the closes. Let’s dive into the details. Funding Seed Kenzz, an […]
AU Startups·10/21/2022
Egyptian startups dominated the funding rounds this week, raising $1.96M in 2 disclosed deals. Other activity from Egypt includes an undisclosed deal, a VC firm completing a $100M close of its fund and a startup expanding into Europe. Startups from South Africa, Nigeria, Morocco, Uganda, and Kenya also featured in this week’s issue of AU-Startup’s […]
AU Startups·10/7/2022
Today’s episode of Africa’s Weekly Funding Review is exciting. As always, we recorded some fundraising announcements this week in the African tech & startup ecosystem. If you missed it, here are the highlights: Funding Omnibiz, a Nigerian B2B e-commerce platform that eliminates the inefficiencies of traditional trade by digitizing the retail chain, raised a […]
AU Startups·8/19/2022
African startups are still raising money despite the global market speculations. If you missed the funding announcements this week, here are the highlights: Interswitch raised $110 million funding Interswitch, a Nigerian integrated digital payments and commerce company designed to make payments an easy and enjoyable experience, raised $110 million from LeapFrog Investments and Tana […]
AU Startups·5/15/2022
100 Ventures
100 Ventures is an Egyptian venture capital firm that participated in a seed round for Glamera, an Egypt-born SaaS startup providing B2B services to beauty and lifestyle service providers and a B2C marketplace for consumers to find and book sessions with such providers. The funding will be used to continue developing and launching new services, as well as expanding into additional GCC markets.
1984 Ventures
1984 Ventures invests in early-stage startups, as evidenced by their participation in pre-seed and seed rounds. They co-invested in Sylndr's $12M pre-seed round. The firm appears to be sector-agnostic, with investments spanning e-commerce, automotive marketplaces, and other industries within the African tech ecosystem.
212
212 invests in companies like Flow48, a fintech company that leverages AI-powered data analytics and risk assessment to provide alternative financing solutions for SMEs across emerging markets. Through its platform, the company offers revenue-based financing and embedded finance solutions, allowing businesses to access capital without diluting ownership.
212Founders programme
212Founders is an accelerator program that invests in early-stage startups. They provide resources and mentorship to help startups grow and scale their businesses. They invested in Crealo, a copyright management solution for cultural and creative institutions.
