Tag: Investment News
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Peach Payments Secures $30M Funding Deal to Accelerate Growth in Africa
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.
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Ethiopia-based Micro-Insurance Startup Jamii.One Secures New Investment From Renew Capital
Renew Capital, an impact-focused venture capital firm investing in early-stage African startups, has backed Ethiopia-based micro-insurance startup Jamii.one with a new investment.
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Ivorian Startup Auto24 Takes its Used Car Revolution to Morocco, Rwanda, Senegal, and South Africa
Auto24, an Ivorian used car marketplace, has announced its expansion into four new African markets: Morocco, Rwanda, Senegal, and South Africa.
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South African Insurtech Startup Root Secures $1.5M for Europe Expansion
Root, a South African insurtech startup, has secured $1.5 million in funding to accelerate its expansion plans in the UK and Europe.
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Techstars Toronto Accelerator Program Backs 10 African Startups in 2023 Cohort
Techstars Toronto, a renowned accelerator program, has announced its 2023 summer cohort.
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VC Firm Enza Capital Closes $58m Fund II to Support Next Generation of African Entrepreneurs
Enza Capital, a Pan-African venture capital firm, has closed its second fund at $58 million.
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Cleantech Investor Gaia Impact Raises New $42M Fund to Invest in African Startups
Gaia Impact, a cleantech investment firm focused on Africa, has raised a new $42 million fund to support early-stage startups developing sustainable solutions for the continent.
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Cassava Technologies and Atlas AI Partner to Bring AI Revolution to Africa
Cassava Technologies, a pan-African technology company, and Atlas AI, a leading provider of artificial intelligence (AI) solutions, have announced a partnership to accelerate digital transformation in Africa.
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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.