Japanese VC, Samurai Incubate, Launches $18.6 Million Fund for African Startups
Japanese Venture Capital, Samurai Incubate, has launched an $18.6 million fund for African startups, dubbed the Samurai Africa 2nd General Partnership fund. According to the firm, the fund was oversubscribed [...]
How Portugal Offers a Promising Start-Up Ecosystem
The 2020 Scaleup Portugal Report has published details about the top 25 startups in Portugal between 2015 and 2020. According to the report, around 65% of the total investors are [...]Uganda’s Numida Raises $2.3 Million in Seed Funding
Ugandan fintech startup targeting semi-formal micro and small businesses, Numida, has raised $2.3 million in seed funding. Investors who took part in the funding include Pan-African payments company MFS Africa, [...]Angaza Awards Top Finalists; Pooja Bhatt, 32
We recently released the list of the Top 10 Finalists of the Inaugral Angaza Awards which seeks to recognize the women shaping and steering the financial services industry. Number 10; [...]
Glovo Secures €450M in Series F funding
Delivery app Glovo has announced that it has raised €450M in its Series F funding round led by New York-based investment managers Lugard Road Capital and the Luxor Capital Group. [...]Uganda’s Tugende Raises $3.6 Million in Series A Funding
Ugandan Tugende, a technology-enabled asset finance company, has raised $3.6 million equity financing in its Series A round of funding. Investors who took part in the round include San Francisco [...]Bolt Launches Food Delivery Service Bolt Food in Nairobi
After earlier launching the service in South Africa and Ghana, ridesharing app bolt has launched a food delivery service in Nairobi named Bolt Food. The launch in Kenya comes after [...]Nigerian Fintech Bankly Raises $2M in Seed Round led by Vault
Bankly, a Nigerian fintech startup, has closed a $ 2 million seed funding in a recent investment round led by Vault, with the participation of Rising Tide Africa, Plug and [...]Kuda Technologies raises US $25Million Led By Valar Ventures
Kuda Technologies, which currently offers mobile-first banking services in Nigeria, has picked up US$25 Million in Series A funding led by Valar Ventures, Target Global and other unnamed investors participating. [...]
Silicon Valley-based VC firm Flourish Ventures Opens Nairobi Office Targeting Fintech
Flourish Ventures, a Silicon Valley-based venture capital firm has opened a new office based in Nairobi as it targets to invest in startups across Africa who are building fintech solutions [...]Savannah Venture Capital launches a $25M fund for African Startups.
Savannah VC Managing Partner Mbwana AlliyThree Kenyan startups among Recipients of US$ 2 Million fund
Three Kenyan firms are among those to receive funding from the inaugural US$2 Million Jua Fund, considered the largest African venture capital fund by a private individual. The startups They [...]
