Weekly Deals Digest Nov 18 Nov 24
Consumer startups and companies led this issue of the weekly deals digest, with players like Nigeria's Autochek raking in $3.4 million in funding in Africa while India's CARS24 led emerging [...]
Weekly Deals Digest Nov 11 Nov 17
In this issue of the weekly deals digest, the top ten deals were distributed evenly between Startups in the consumer, environment, and enterprise applications. South Africa's MotoFibre Networx led the [...]Imperial Venture Fund Announces Investment into Lori Systems to Expand Across Africa
Imperial Venture Fund announced an investment and partnership with e-logistics firm Lori Systems, to expand its solutions across the continent. According to a press release from the startup, the investment [...]Nigerian Startup Autochek Secures $3.4M Pre-seed Funding Round
Nigerian automotive technology company Autochek has raised $3.4 million pre-seed funding for expansion of operations and platform development. This round was co-led by TLcom Capital and 4DX Ventures with other [...]
Kenyan Startups Digiduka and OkHi Selected for Facebook Commerce Accelerator Program
Kenyan startups Digiduka and OkHi are among eight African startups selected for Facebook commerce accelerator program. The program running for 12 weeks aims to equip the start-ups with customer relations [...]Chipper Cash Raises $30M Series B Funding
African fintech Chipper Cash has raised a $30 million series B funding round that will be used to expand the product offering and venture into new markets. According to CEO, [...]Spotify to Acquire Podcast Platform Megaphone in $235M Deal
Spotify has announced plans to buy podcast ad platform Megaphone for $235 million in a move meant to increase advertising revenues. This means that more podcasts on Megaphone will have [...]Kenyan Micro-Insurtech Startup, Turaco, Raises $2 Million in Seed Funding
Kenyan micro-insurtech startup, Turaco, has raised $2 million in seed funding as it seeks to expand further into Sub-Saharan Africa. Investors who took part in the funding include Novastar Ventures, [...]Nigerian Fintech, Kuda, Raises $10 Million Seed Funding
Nigerian fintech startup, Kuda, has raised $10 million in a seed funding round, even as it seeks to expand further across Africa. Investors who took part in the funding include Target [...]Kenya's Agri-tech Firm Farmers Pride Raises $220K in Funding
Kenyan agri-tech startup, Farmers Pride, a one-stop e-commerce platform that connects village level farmers to quality inputs, services, and information through women-owned DigiShops powered by technology, has raised $220,000 funding [...]Weekly Deals Digest: Oct 14 Oct 20
In this week's deals digest, African fintechs take the lead in terms of investments raised, with south Africa's RSAWEB at the helm following a $10 million investment from Actis. In [...]Weekly Deals Digest: Sept 23th Sep 29th
In this issue of the Weekly Deals Digest, Ghana dominates the African space, following MEST's funding for startups in its graduating class of entrepreneurs. Tracxn data shows that enterprise applications [...]
