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442 stories in the archive · page 20 of 22

Founders Spotlight

AU-Startups Founder of the Month: Razaq Ahmed, CFA

Razaq Ahmed, CFA, is the Co-founder and Chief Executive Officer (CEO) of Cowrywise, a fintech startup digitising and democratising access to savings and investment products for the African middle class and millennials. He was previously the Executive Director of Sart Partners and also worked at Shell Petroleum Development Company. ‍

AU-Startups·7/28/2022

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Ecosystem Insider

Issue #21: Africa’s Weekly Funding Review

Today’s episode of Africa’s Weekly Funding Review is exciting. As always, we recorded some fundraising and acquisition announcements this week in the African tech & startup ecosystem. If you missed it, here are the highlights: ‍ ‍ Funding News Cassava Technologies, Africa’s first integrated tech company of continental scale, announced that it secured a $50 […]

AU-Startups·7/22/2022

Ecosystem Insider

Issue #20: Africa Weekly Funding Recap

Today’s episode of Africa’s Weekly Funding Review is exciting. As always, we recorded some fundraising and acquisition announcements this week in the African tech & startup ecosystem. If you missed it, here are the highlights: ‍ Funding Zazuu, a U.K.-based and Africa-focused fintech that offers a platform for sending money across the border, raised $2 […]

AU-Startups·7/16/2022

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Ecosystem Insider

Issue #36: Seychellois Bitcoin derivatives exchange Kollider raises $2.35M in seed funding, while Egyptian proptech Seqoon raises $500,000 in pre-seed, and others

The dip in funding activity that we observed last week continued, with less than five disclosed funding deals recorded across the African tech ecosystem this week. However, we witnessed the launch of Flourish Ventures’ Madica, a specialised investment initiative for African pre-seed stage tech startups. Satgana, a climatetech VC firm, also announced the first close […]

AU-Startups·10/28/2022

Ecosystem Insider

Issue #35: Browser-based super app Phoenix raised $100M in Series A, while BaaS startup Maplerad raises $6M in seed funding, and more

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

Ecosystem Insider

Issue #34: Kenyan furniture company MoKo Home raises $6.5M in Series B funding, while Egyptian fintech Telda raises $20M in seed funding, and others

This week, Egyptian startups led the funding rounds for the third week in a row, with 5 raises out of a total of 9. A total of $37.9 million was raised in disclosed rounds, with fintech Telda leading the pack with a whopping $20 million in seed funding. Let’s dive into the details. ‍ Funding […]

AU-Startups·10/14/2022

Ecosystem Insider

Issue #33: Talk360 raises additional $3M in seed funding, Chari raises $1M in Series A, and more

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

Ecosystem Insider

Issue #32: Vendease raises $30M in Series A funding, Numida raises $12.3M in pre-Series A round, and more

We recorded ten funding deals, one partnership, and the launch of one venture fund this week. Egyptian startups dominated the funding rounds, raising a total of $7.5M in three deals. Vendease, a Nigerian startup, raised the most money, $30M in Series A funding (a mix of $20M in equity and $10M in debt). We also […]

AU-Startups·9/30/2022

Ecosystem Insider

Issue #31: Remedial Health raises $4.4M in seed funding, Yellow Card secures $40M in Series B funding, and more

Welcome to this week’s issue of AU-Startups Funding Recap where we review all the deals announced during the week across the African startup ecosystem. This week was a busy one with just over ten deals recorded. We also recorded three deals from countries outside the Big Four; talking about SecondSTAX’s pre-seed, Julaya’s extension round and […]

AU-Startups·9/23/2022

Ecosystem Insider

Issue #30: Turaco raises $10M in Series A funding, Kippa raises $8.4M in seed funding, and more

Welcome to AU-Startups’ weekly roundup of all funding rounds in Africa’s startup ecosystem. We saw three seed fundraises, one Series A fundraise, and one grant this week in Nigeria, Egypt, and Kenya. Source Beauty, HealthPlus, and HotelOnline were acquired, and Jangoo Capital, a pan-African ‘gender equal investor,’ completed the first close of its €60 million […]

AU-Startups·9/16/2022

Artificial Intelligence

Automation for Entrepreneurs: Boosting Productivity and Efficiency

Entrepreneurship is a juggling act. From managing clients and employees to handling the day-to-day operations of your business, it can feel like there aren’t enough hours in the day. If there’s one thing every founder wishes for, it’s more time. But here’s the reality: time is the one resource you can’t create more of. That’s […]

AU-Startups·9/10/2022

Ecosystem Insider

Issue #29: NowNow raises $13M in seed funding, BitMama raises $1.65M in pre-seed, and more

Welcome to this week’s review of all the funding rounds across the African startup ecosystem. This week was a great one for African startups with a total of six funding rounds closed, with half of them being pre-seed rounds. Egypt dominated the news this week with two pre-seed funding rounds closed and the announcement of […]

AU-Startups·9/9/2022

Ecosystem Insider

Issue #28: Anchor raised $1 million pre-seed, Duplo raised $4.3 million seed, and more

Welcome to this week’s review of the funding rounds in the African startup space. We are currently doing a bit of house-keeping, which is why we were unable to release this issue yesterday. Expect great news from us soon! If you’re new here, welcome to AU-Startups. We help keep you updated on happenings within the […]

AU-Startups·9/2/2022

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Ecosystem Insider

Issue #26: Africa’s Weekly Funding Review

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

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Ecosystem Insider

Issue #25: Africa’s Weekly Funding Review

Today’s episode of Africa’s Weekly Funding Review is exciting. As always, we recorded some fundraising, acquisition and other exciting announcements last week in the African tech & startup ecosystem. If you missed it, here are the highlights: + MORE! ‍ Funding TeamApt, a Nigerian fintech company that develops digital banking and payment platform for financial […]

AU-Startups·8/15/2022

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Startup Spotlight

Startup of the month: SweepSouth

SweepSouth Interesting Facts ‍

AU-Startups·8/11/2022

Founders Spotlight

AU-Startups Founder of the Month: Njavwa Mutambo

Njavwa Mutambo is the Co-founder and Chief Executive Officer (CEO) of TopUp Mama, a one-stop shop for African restaurants to access supplies and short-term credit.He was previously the Co-founder and CEO of Musanga, a platform that connects shippers and carriers in real-time. We are rooting for you 💪‍

AU-Startups·8/11/2022

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Ecosystem Insider

Issue #27: Africa’s Weekly Funding Review

Today’s episode of Africa’s Weekly Funding Review is exciting. As always, we recorded some fundraising, acquisition and other exciting announcements last week in the African tech & startup ecosystem. If you missed it, here are the highlights: ‍ Funding ArabyAds, an Egyptian ad-tech startup offering a full range of services, including online marketing, creative function, […]

AU-Startups·8/8/2022

Ecosystem Insider

Issue #23: Africa’s Funding Weekly Review

Today’s episode of Africa’s Weekly Funding Review is exciting. As always, we recorded some fundraising and acquisition announcements this week in the African tech & startup ecosystem. If you missed it, here are the highlights: ‍ Funding Homzmart, an Egyptian end-to-end platform that sells home furniture, home decor, lighting, and home services, raised a $23 […]

AU-Startups·8/5/2022

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Ecosystem Insider

Issue #22: Africa’s Weekly Funding Recap

To wrap up this month, we recorded some fundraising and acquisitions announcements that we found this week. We also included highlights of exciting news around Africa’s tech and startup ecosystem. If you missed it, here are the highlights: ‍ ‍ Funding Cartona, an Egyptian B2B e-commerce marketplace that connects buyers and sellers along the supply […]

AU-Startups·7/29/2022

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Startup Spotlight

Meet AU-Startups of the month: Bloom

Bloom Interesting Facts ‍

AU-Startups·7/28/2022