Category: New Investments
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Egyptian-based logistics startup Trella raises $3.5 million for scaling
Trella, an Egyptian-based logistics startup, has raised $3.5 million in a recent funding round led by Avanz Capital.
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Kenyan startup Peach Cars secures $5 million seed investment
Kenyan startup Peach Cars KE has secured a $5 million seed investment to fuel its ambitious plans of transforming the automotive industry in Kenya.
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Nigeria’s Eze raises $3.7 million seed funding
Nigerian B2B marketplace startup Eze has raised $3.7m to revolutionize the African electronics market.
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Yellow raises $14 million in Series B funding
Yellow, a leading PayGo solar startup in Africa, has secured $14 million in Series B funding to scale across Africa.
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CSIR secures $4m million in funding from Bill & Melinda Gates Foundation
The Council for Scientific and Industrial Research (CSIR) has secured a $4 million investment from the Bill & Melinda Gates Foundation to drive skills and health innovation.
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Helium Health raises $30 million in Series B funding to drive healthcare innovation in Africa
The funding round saw participation from Capria Ventures, Angaza Capital , and Flatworld Partners, with existing investors like Global Ventures, Tencent, Ohara Pharmaceuticals, LCY Group, WTI, and AAIC | Asia Africa Investment & Consulting also taking part.
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Kena Health raises $2 million to improve access to quality healthcare services
The startup secured the seed extension funding from NEXT176, a subsidiary of Old Mutual, and Tofino Capital, a US-based market investor.
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Goodwell and Alitheia raise $60m to fund inclusive African businesses
Goodwell Investments and Alitheia Capital have announced the first close of the uMunthu II Fund at $60 million.
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Nigerian fintech startup Zeeh Africa gets funding to consolidate financial data
Zeeh Africa secured the funding from Tekedia Capital, a firm investing in mainly technology-anchored companies operating in any industry, including finance.