Tag: Startup News
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EdVentures Invests $400,000 in Egyptian Edtech Startup Crafty Workshop
EdVentures has announced a $400,000 investment round in Crafty Workshop, an Egyptian firm specializing in supporting handicrafts through its digital educational platform.
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VC Firm 500 Global Selects 15 Egyptian Startups for Scale-Up Program
Fifteen Egyptian tech startups have been selected for the first batch of the 500 Global in Egypt Scale Up Programme, a seven-week program designed to help founders scale their businesses.
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Sony Launches $10 Million Innovation Fund to Support Africa’s Entertainment Industry
Sony Group Corporation has launched the Sony Innovation Fund: Africa, a $10 million fund to support the growth of the continent’s entertainment sector.
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AI-Powered Weather Forecasting Startup Salient Raises $2.9 Million
Salient Predictions, a startup that develops AI-powered weather forecasting solutions, has secured a $2.9 million grant courtesy of the Bill & Melinda Gates Foundation.
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Egyptian Insurtech Startup Amenli Raises $1 Million Equity Funding to Fuel Growth
Amenli, an Egyptian insurtech startup, has raised $1 million in equity funding to fuel its growth.
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ARC Investments Backs South African Freight Platform Linebooker With $3.5 Million Funding
South African freight platform Linebooker has secured $3.5 million (R67 million) in investment from ARC Investments, a leading African investment firm.
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African Startups to Get Share of Leapfrog’s $50 Million New Fund
The International Finance Corporation (IFC), a member of the World Bank Group, has announced an investment of $50 million in a new fund by LeapFrog Investments.
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Google Backs 11 African Startups For Its Inaugural Africa AI First Accelerator Program
Google has selected 11 African Startups for its inaugural Africa AI First Accelerator Program.
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Women-Led South African Private Equity Firm Sanari Capital Raises $65 Million
Sanari Capital, a leading women-led and majority black- and women-owned private equity firm in South Africa, has closed the second round of its growth fund at R1.25 billion (approximately $65 million).