Tag: Investment News
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Egyptian AI recruitment startup Talents Arena secures $750K in Pre-Seed funding
Egyptian AI-driven recruitment platform Talents Arena has raised $750,000 in pre-seed funding.
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Early-stage VC firm Antler ventures into North Africa with new $60 million Fund
Antler, the globally renowned early-stage venture capital firm, is expanding its horizons to North Africa by launching a transformative $60 million early-stage fund.
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South African VC firm REdimension Capital raises more than $10 million to support proptech startups in Africa
South African venture capital firm, REdimension Capital, has secured over $10 million for its inaugural fund, the REdimension Real Estate Technology and Sustainability Fund I.
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British company Bboxx and EV firm Spiro team up to accelerate electric mobility in 3 African countries
Bboxx, a leading provider of clean energy solutions, has joined forces with Spiro, a prominent electric mobility company, to accelerate the adoption of electric vehicles (EVs) in three African countries.
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Ghana’s Venture Capital Trust Fund Leads $10.5M Investment in Mirepa’s Maiden Fund To Support SMEs
Ghana’s Venture Capital Trust Fund (VCTF) has led a $10.5 million investment in Mirepa’s Maiden Fund.
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Nigerian cloud analytics platform Terragon raises $9 million in Series B round for expansion
Terragon, a leading data analytics company specializing in cloud-based solutions, has secured $9 million in a Series B funding round.
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E-mobility firm Roam opens factory in Kenya to manufacture 50,000 electric bikes annually
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.
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BioNTech completes $550 million acquisition of Tunisian AI startup InstaDeep to bolster AI-powered drug discovery
BioNTech, the renowned German biotechnology company, has finalized the acquisition of Tunisia’s artificial intelligence (AI) startup, InstaDeep, in a deal worth $550 million.
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Nigeria-based merchant solution platform Traction raises $6 million seed to scale its operations
Nigerian-based merchant solution platform Traction has secured a $6 million seed to scale its operations.