The Empower Africa Business Platform is Now Live !!!
The funding was led by the 212Founders program and backed by Kima Ventures and others.
Founded in 2021, Crealo aims to ease the often bureaucratic process of managing artistic rights.
Their online platform caters to institutions of all sizes, from prominent galleries like Palais de Tokyo to smaller publishers. Features like streamlined royalty distribution and frequent settlements.
This funding round is more than just a financial win as it will fuel Crealo’s ambition to become the go-to solution for Europe’s cultural and creative sector.
The company plans to use the money to upgrade its platform, forge strategic partnerships, and expand its team.
The 212Founders program, a dedicated supporter of Moroccan entrepreneurs, played a key role in securing the funding. Their investment of 4.9 million dirhams reflects their commitment to nurturing innovation and driving economic growth in the country.
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
Nigerian automotive startup Mecho Autotech has raised $2.4 million in pre-Series A funding to expand into wholesale spare parts distribution.
Peach Payments, a leading South African digital payment service startup, has secured a $30 million funding deal led by Apis Growth Fund II and participation from Enza Capital.
West African super app Gozem has raised $30 million in Series B funding to drive its expansion and enhance digital services across Francophone Africa.