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Category: New Investments
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UK E-Mobility Startup OX Delivers Gears Up for Africa Expansion with $1.5 Million Grant
OX Delivers, a British e-mobility transport service, has secured a £1.2 million ($1.5 million) grant from Energy Catalyst, an Innovate UK program.
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Nigerian Fintech Mamamoni Secures €250,000 Funding
Mamamoni, a Nigerian fintech social enterprise dedicated to empowering low-income women, has received a €250,000 grant from the Challenge For Youth Employment (CFYE).
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Global VC Partech Closes $300 Million Fund for African Startups
Leading global venture capital firm Partech has announced the final closing of its Partech Africa II fund, securing €280 million (over $300 million) to fuel the growth of African startups across diverse sectors.
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Nigerian Cleantech Startup Arnergy Secures $3 Million Funding, Eyes Series B
Arnergy, a Nigerian cleantech startup specializing in distributed renewable energy solutions, has raised $3 million in a bridge round led by All On, an off-grid energy impact investment company supported by Shell.
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Catalyst Fund Invests $1.8M in 9 African Climate Startups
Catalyst Fund, an impact investor supporting early-stage climate tech startups in Africa, has announced a $1.8 million investment in nine promising ventures across the continent.
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African Vehicle Financing Startup Moove Secures $10 Million to Fuel India Expansion
Moove, a leading African vehicle financing startup, has announced securing $10 million in debt funding from Stride Ventures, a sector-agnostic venture debt firm.
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Investment Firm Injaro Raises $17.5 Million to Back SMEs in Ghana and Ivory Coast
Injaro Investments Advisors Limited, a prominent Ghanaian investment firm, announced the successful closing of its Injaro Ghana Venture Capital Fund (IGVCF), securing GHS 216 million (USD 17.5 million).
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Kenyan Electric Vehicle Startup Roam Raises $24 Million to Accelerate African Expansion
Kenyan electric vehicle (EV) startup, Roam (formerly Opibus), has secured $24 million in combined debt and equity funding to fuel its expansion across Africa.
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Logidoo: Rising Star in African Logistics Secures $1.55 Million Seed Funding
Logidoo, a leading player in the African logistics and e-commerce space, has announced a significant seed funding boost of $1.55 million.