Investment News Archives - Page 108 of 117

Ghana’s Venture Capital Trust Fund Leads $10.5M Investment in Mirepa’s Maiden Fund To Support SMEs

Aug 6, 2023

—

by

in New Investments

Ghana’s Venture Capital Trust Fund (VCTF) has led a $10.5 million investment in Mirepa’s Maiden Fund.

Nigerian cloud analytics platform Terragon raises $9 million in Series B round for expansion

Aug 4, 2023

—

by

in New Investments

Terragon, a leading data analytics company specializing in cloud-based solutions, has secured $9 million in a Series B funding round.

E-mobility firm Roam opens factory in Kenya to manufacture 50,000 electric bikes annually

Aug 3, 2023

—

by

in Key developments

Roam, a leading electric mobility firm, has officially inaugurated its state-of-the-art factory in Nairobi. The facility will manufacture 50,000 electric motorbikes annually.

BioNTech completes $550 million acquisition of Tunisian AI startup InstaDeep to bolster AI-powered drug discovery

Aug 2, 2023

—

by

in Key developments

BioNTech, the renowned German biotechnology company, has finalized the acquisition of Tunisia’s artificial intelligence (AI) startup, InstaDeep, in a deal worth $550 million.

Nigeria-based merchant solution platform Traction raises $6 million seed to scale its operations

Aug 2, 2023

—

by

in New Investments

Nigerian-based merchant solution platform Traction has secured a $6 million seed to scale its operations.

Nigerian healthtech startup Remedial Health secures $12 million in Series A funding for expansion

Aug 1, 2023

—

by

in New Investments

Remedial Health, a leading health tech startup based in Nigeria, has raised $12 million in a Series A funding round.

Kenya’s leading telco Safaricom to start investing in tech startups via new funding ventures

Aug 1, 2023

—

by

in Key developments

Safaricom, Kenya’s leading telecommunications giant, has revealed its ambitious plan to bolster the tech startup ecosystem by launching two new subsidiaries.

AfriLabs partners with the U.S. Department of State to tackle climate crisis in Africa through entrepreneurship

Jul 31, 2023

—

by

in Key developments

AfriLabs, one of Africa’s largest networks of technology and innovation hubs, has joined hands with the United States Department of State to tackle the climate crisis in Africa through entrepreneurship.