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Category: New Investments
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South African Fintech Startup Revio Raises $5.2M to Revolutionize African Payments
Revio, a South African fintech startup, has raised $5.2 million in a seed round led by QED Investors and Partech.
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South African VC Firm Secha Capital Closes $15.8 Million Fund to Invest in Early-Stage Startups
Secha Capital, a South African venture capital firm, has announced that it has raised $15.8 million in new funding.
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SunCulture Gets Backing From Investment Energy Platform Nithio to Drive Solar Irrigation, Farming Innovations Across Africa
Nithio, a leading energy investment platform, has invested in SunCulture, a Kenyan solar irrigation company.
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Pan-African VC Firm P1 Ventures Completes First Close of Second Fund at $25 Million To Invest in African Startups
P1 Ventures, a Pan-African seed venture capital fund, has announced the first close of its second fund at $25 million.
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Lupiya, Zambia’s Leading Neobank, Secures $8.25m in Series A Funding
Zambian fintech Lupiya has raised $8.25 million in a Series A funding round led by Alitheia IDF Fund, with participation from INOKS Capital SA and the German Investment Bank KfW DEG.
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Gates Foundation Funds 29 Healthcare Supply Chain Startups in Africa Through i3 Program
The Bill & Melinda Gates Foundation has announced that it will fund 29 healthcare supply chain startups in Africa.
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Ghanaian Agritech Startup, Complete Farmer, Raises $10.4 Million Pre-Series A Funding
Complete Farmer, a Ghanaian agritech startup, has secured $10.4 million in pre-Series A funding to streamline its operations and expand its reach.
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ANKA Secures $5M Pre-Series A Extension to Accelerate E-Commerce Growth in Africa
ANKA, an Ivorian SaaS e-commerce platform for African businesses, has raised $5 million in a pre-Series A extension round led by the International Finance Corporation (IFC) with participation from Proparco and Bpifrance.
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Nigerian Auto-Tech Startup Fixit45 Raises $1.9 Million Pre-Series Funding For Expansion
Nigerian auto-tech startup Fixit45 has raised $1.9 million in a pre-seed funding round for expansion.