Category: New Investments

Pan-African mobility fintech startup Moove has secured $100 million in a Series B funding round, valuing the company at $750 million.

Egyptian ad-tech startup dKilo has raised $3.2 million in seed funding to develop new methods for brands to reach consumers and expand into the Saudi Arabian market.

Zone, a leading African payment infrastructure company, has secured $8.5 million in a seed funding round exceeding expectations.

Egyptian healthtech startup 30Med has secured pre-seed funding from undisclosed angel investors.

Moroccan startup ORA Technologies, known for its super app offering various services, has secured $1.5 million in seed funding from local investors.

Nigerian identity verification platform Youverify has secured $2.5 million in pre-Series A funding.

Ethiopian electric vehicle (EV) startup Dodai has raised $4 million in its Series A funding round, marking a significant milestone for the company and the Ethiopian startup ecosystem.

Simera Sense, a leading provider of optical solutions for Earth observation satellites, has secured €13.5 million (US$14.75 million) in a growth funding round.

The Bimalab Africa Insurtech Accelerator Program has secured a significant funding boost of $600,000 from the Swiss Re Foundation.