Auto-discovered — editorial review pending
The African tech industry has only produced nine unicorns to date. Despite massive growth in funding and investment support from internal and external sources over the years, only a handful of companies have crossed the highly coveted $1 billion valuation mark. Admittedly, various factors influence the ability of African tech companies to reach this status. […]
AU-Startups·
Several notable activities took place during the past week, similar to the previous week. Specifically, six funding rounds occurred. GoMtro had the highest funding round, securing $11.4 million, Amini also raised $4 million, TomorrowNow obtained $5 million for Project Osiris, while Cynoia secured $933,000 for its expansion plans. Funding Amini Funding round: Seed ($4 Million) […]
AU Startups·
Last week, we recorded a total of eight funding rounds, and for the second consecutive issue, Cameroonian startups were featured in the newsletter. Additionally, Ghanaian startups were also represented, with Berry Health and Mazzuma making appearances in this week’s issue. Notably, in its third funding round within the past six months, Chari secured $1.5 million […]
AU Startups·
