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Ecosystem Insider

163 articles · page 4 of 8

Ecosystem Insider
Issue #106: Burn Manufacturing secures $12 Million, Rivia acquires Waffle, while Thepeer closes down
Last week, there was an unprecedented lull in funding activities across the African startup ecosystem. Only one startup, Burn Manufacturing, made the news for securing funding. In other news, health tech startup, Rivia, has acquired SaaS provider, Waffle, for an undisclosed amount while Nigerian fintech, Thepeer closed down its operations. Funding Burn Manufacturing Funding round: […]
AU Startups·09-04-2024
Ecosystem Insider
Issue #105: BasiGo, Sprints, and Zeepay secure $3m each while RNR obtains 634k funding from investors.
There weren’t many activities on the African funding scene last week as only four startups secured funds during the period. BasiGo, Sprints, and Zeepay each secured $3m while South African Right Now Response raised $634,000 from HAVAIC. Funding BasiGo Funding round: $3 Million Investors: CFAO Group, Founded: 2017, Kenya Founders: Jit Bhattacharya Products: BasiGo offers […]
AU Startups·02-04-2024
Ecosystem Insider
Issue #104: Moove raised $100m, Float received $11m, and Zone secured $8.5m while mTek obtained $1.25m
We recorded six funding deals in the African startup ecosystem last week one of which was the most impressive deal recorded in Africa in months. It featured Moove, a mobility fintech company raising $100 million in its series B funding round. Elsewhere, Float also raised a remarkable $11 million while Zone and mTek raised $8.5 […]
AU Startups·26-03-2024
Ecosystem Insider
Issue #103: Simera Sense raises $14.7m, Planet42 gets $16m from Standard Bank, Dodai secures $4m, and 3 others also obtained significant funding.
The African startup funding landscape had an impressive run of events last week as 7 startups raised funding. Planet42 had the highest funding, raising $16m from Standard Bank. Following closely behind was Simera Sense securing almost $15m. The other startups recorded include ORA, 30MED, YouVerify, dKilo, and Dodai. Find the details of the deals below. […]
AU Startups·19-03-2024
Ecosystem Insider
Issue #102: Nigerian MDaaS secures $3m, Tookeez raises $1.5m while RecoMed raises an undiclosed amount from Eisei
Similar to the previous couple of weeks, we only recorded 3 funding deals in the African startup ecosystem last week. South African health tech, RecoMed secured an undisclosed amount from Japanese pharmaceutical company, Eisei. Elsewhere, Moroccan startup, Tookeez obtains $1.5 Million, while Nigerian health tech, MDaaS raised $3 million to further develop its proprietary technology […]
AU Startups·12-03-2024
Ecosystem Insider
Issue #101: MoneyHash raises $4.5m, Cue secures $2m while Bfree also obtained $2.95m equity funding
We recorded three funding deals in the African startup ecosystem last week. Egyptian payment operating system provider, MoneyHash secured $4.5 million in seed funding, CRM solution provider, Cue, also obtained $2 million in seed funding while portfolio management solution provider, Bfree raised $2.95 million to improve its risk management solution. Funding MoneyHash Funding round: Seed […]
AU Startups·05-03-2024
Ecosystem Insider
Issue #100: South African Hohm Energy raises $ 8m seed fund, Arnergy secures $3m while Mamamoni obtained $270k
Last week, we recorded only three funding activities which marks the lowest number recorded in a week so far this year. During the week, Energy-focused startups, Hohms Energy and Arnergy raised $ 8 million and $ 3 million respectively while Mamamoni secured $270k to improve its women-focused fintech solution. Funding Hohm Energy Funding round: Seed […]
AU Startups·26-02-2024
Ecosystem Insider
Issue #99: Mobility fintech Moove secures $10 million to expand into India while Roam raises $24 million in debt and equity financing
Last week, we witnessed a number of deals in the African startup ecosystem. Most remarkably, East African electric vehicle manufacturer, Roam, secured $24 million in debt and equity financing, similarly, Ilara Health also raised $4.2 million in Pre-Series A debt and equity funding. Elsewhere, mobility fintech, Moove, obtained $10 million to expand into India and […]
AU Startups·19-02-2024
Ecosystem Insider
Issue #98: Edtech, Klas raises $1m pre-seed while Remotely also secured $315k for its pre-seed funding
We witnessed six funding deals in the African startup ecosystem last week. Nigerian Edtech, Klas, remarkably raised a pre-seed funding of $1 Million. Ghanaian tech talent startup, Remoteli, also secured $315,000 from pro footballer, Jeremie Frimpong, to scale their operations and launch the “Pathways Project ” for young footballers. The details of the other funding […]
AU Startups·13-02-2024
Ecosystem Insider
Issue #97: OfferZen raises $4.3m, Roboost secures $3m while Viebeg Medical secures funding to boost health solution
The African startup ecosystem had a moderate pace of events last week which featured only five funding deals. Of the five deals, the details of two involving Viebeg Medical and Carry1st were kept under wraps. Elsewhere, OfferZen raised $4.3m, Roboost secured $3m while South African Athena received $150,000 to expand health financing solutions in South […]
AU Startups·05-02-2024
Ecosystem Insider
Issue #96: Apollo Agriculture raises $10m in a mix of debt and equity, DXwand secures $4m while Crealo obtains seed funding of $1.42m
Last week, the African startup ecosystem witnessed eight funding deals, with Apollo Agriculture’s $10 million debt and equity round being the most significant. Other notable fundraising deals include InspiraFarms raising EUR 1 million, DXwand with $4m, and Crealo with $1.42m. The other four companies also raised funds as discussed in details below. Funding Apollo Agriculture […]
AU Startups·29-01-2024
Ecosystem Insider
Issue #95: Watu Credit secures $15M, Zeal raises $4M, while Ezdehar invests $10m in Yodawy
Continuing the trend from the first two weeks of January, last week saw multiple big-money investments in the African startup ecosystem. The biggest funding activity involved Watu Credit securing $ 15 million from Gateway Partners, Ezdehar invested $10 million in Egyptian health tech giant Yodawy. Elsewhere, Shamba Pride raised $ 3.7 million in a mix […]
AU Startups·23-01-2024
Ecosystem Insider
Issue #94: Huge Start to the new year as 10 startups secure funding within the first two weeks of January.
What a way to start the new year! Only two weeks into 2024 and we have already witnessed several interesting startup funding deals in the African Ecosystem. While the details of many of these investments aren’t public information yet, it’s interesting to know that we are off to a great start in the African startup […]
AU Startups·15-01-2024
Ecosystem Insider
Issue #93: E-Mobility, Ampersand secures $19.5M in a mix of debt and equity financing as four other startups also raised significant funding.
Last week’s funding activities saw a couple of big-money investments and a few more respectable funding rounds. Rwandan e-mobility startup Ampersand obtained $19.5 million to scale its EV charging solutions, while agri-food tech Koa had a series B funding round of $15 million. In addition, Cloudline raised seed funding of $6 million, iSchool secured $4.5 […]
AU Startups·26-12-2023
Ecosystem Insider
Issue #92: Copier Global obtained $20M, Divercity raised $29.8M, while Maka and two other startups secured significant funding.
We had more investors than startups and founders in action last week. At least twenty companies and individuals participated in five funding rounds. South African Proptech Divercity had the highest funding, raising just a little below $30 Million, Copier Global came close with $20 Million in funding; Maka and Tunl both raised Pre-seed funding of […]
AU Startups·18-12-2023
Ecosystem Insider
Issue #91: Egyptian Mtor raises $2.8M and Basigo obtains a debt funding of $5M while seven other companies also secured financing from investors.
Last week was the busiest we’ve seen in a while in the African startup funding scenes. There were nine deals, five of which details are yet to be declared publicly. Of the other four, Bujeti secured $2 Million in equity funding, Tappi raised $1.5 Million, Mtor also raised $2.8 Million, and Mobility startup BasiGo obtained […]
AU Startups·11-12-2023
Ecosystem Insider
Issue #90: GoMetro raises $11.4 million series A funding, Kenyan Amini secures $4 million seed while TomorrowNow secures $5 million for Project Osiris
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·04-12-2023
Ecosystem Insider
Issue #89: Ed Partners and FrontEdge Secure $10 Million financing while Waspito raised $2.5 Million in Seed Extension funding
We had a moderate pace of events last week, which saw six funding deals executed in the African startup ecosystem. Ed Partners and Frontedge both secured $10 Million in financing. Aquarech obtained $1.7 Million to scale its digital fish farming solutions, Waspito had a $2.5 Million seed extension round, while Khula and WayUp had undisclosed […]
AU Startups·27-11-2023
Ecosystem Insider
Issue #88: Pineapple benefits from the Largest insurtech fundraising in Africa as Pricepally and others also secure significant financing
Last week saw a flurry of financing activities in Africa, with eight companies securing funds from multiple investors. Pineapple had the largest Insurtech funding round in Africa, as it raised $21.5 Million. Welltec also secured $5.4 Million, Pricepally got a seed funding of $1.3 Million while Shekel Mobility raised $7.2 Million in a mix of […]
AU Startups·20-11-2023
Ecosystem Insider
Issue #87:MNT-Halan raises $130 through Securitized Bond Issuance while BasiGo and Cloudfret secured significant funding.
Last week was a good one for Mobility startups in Sub-Saharan Africa. Two mobility startups – BasiGo and CloudFret, raised significant capital ranging in millions. Egyptian super-fintech MNT-Halan raised an additional $130 Million through security bond issuance, Jobjack secured $2.1 Million in its pre-series A funding round, while Maisha Meds secured $ 5 million from […]
AU Startups·13-11-2023
Ecosystem Insider
Issue #86: Goodwell Investments invests an additional $1.5 Million in Inclusivity Solutions while Almouneer raises $3.6m Seed.
Last week saw a number of interesting funding activities in the African startup ecosystem. Egyptian startup Almouneer, secured Seed funding of $3.6 Million, Ora Tech raised $1 Million, and StarNews Mobile also secured $3 Million in a Pre-Series A round featuring investments from Football stars. Funding Ora Technologies Funding round: Pre-Seed ($1 Million) Investors: Undisclosed […]
AU Startups·06-11-2023

Issue #106: Burn Manufacturing secures $12 Million, Rivia acquires Waffle, while Thepeer closes down

Issue #105: BasiGo, Sprints, and Zeepay secure $3m each while RNR obtains 634k funding from investors.

Issue #104: Moove raised $100m, Float received $11m, and Zone secured $8.5m while mTek obtained $1.25m

Issue #103: Simera Sense raises $14.7m, Planet42 gets $16m from Standard Bank, Dodai secures $4m, and 3 others also obtained significant funding.

Issue #102: Nigerian MDaaS secures $3m, Tookeez raises $1.5m while RecoMed raises an undiclosed amount from Eisei

Issue #101: MoneyHash raises $4.5m, Cue secures $2m while Bfree also obtained $2.95m equity funding

Issue #100: South African Hohm Energy raises $ 8m seed fund, Arnergy secures $3m while Mamamoni obtained $270k

Issue #99: Mobility fintech Moove secures $10 million to expand into India while Roam raises $24 million in debt and equity financing

Issue #98: Edtech, Klas raises $1m pre-seed while Remotely also secured $315k for its pre-seed funding

Issue #97: OfferZen raises $4.3m, Roboost secures $3m while Viebeg Medical secures funding to boost health solution

Issue #96: Apollo Agriculture raises $10m in a mix of debt and equity, DXwand secures $4m while Crealo obtains seed funding of $1.42m

Issue #95: Watu Credit secures $15M, Zeal raises $4M, while Ezdehar invests $10m in Yodawy

Issue #94: Huge Start to the new year as 10 startups secure funding within the first two weeks of January.

Issue #93: E-Mobility, Ampersand secures $19.5M in a mix of debt and equity financing as four other startups also raised significant funding.

Issue #92: Copier Global obtained $20M, Divercity raised $29.8M, while Maka and two other startups secured significant funding.

Issue #91: Egyptian Mtor raises $2.8M and Basigo obtains a debt funding of $5M while seven other companies also secured financing from investors.

Issue #90: GoMetro raises $11.4 million series A funding, Kenyan Amini secures $4 million seed while TomorrowNow secures $5 million for Project Osiris

Issue #89: Ed Partners and FrontEdge Secure $10 Million financing while Waspito raised $2.5 Million in Seed Extension funding

Issue #88: Pineapple benefits from the Largest insurtech fundraising in Africa as Pricepally and others also secure significant financing

Issue #87:MNT-Halan raises $130 through Securitized Bond Issuance while BasiGo and Cloudfret secured significant funding.

Issue #86: Goodwell Investments invests an additional $1.5 Million in Inclusivity Solutions while Almouneer raises $3.6m Seed.