Funding

Spiro has raised $215 million in equity as it steps deeper into the costly business of building battery-swapping infrastructure for...

NALA has secured an initial $25 million credit facility from Liquidity, with room to expand the arrangement to at least...

Africa Jobs Fund (AJF), the philanthropic investment fund, launched today to mobilise $100M to create high-productivity jobs that sustainably raise...

South African e-health startup Mia Healthcare Technologies has raised ZAR15 million, about US$920,000, from the Vumela Fund to scale its...

Checker, a stablecoin infrastructure startup building payment and liquidity rails for financial institutions, has raised $8 million in seed funding...

ARRW has raised $4 million from Tasheed Egypt, giving the Egyptian ride-hailing startup fresh capital as it tries to widen...

216 Capital has taken a six-figure stake in EYST Technology, a Tunisian insurtech founded in 2022 by Marwen Amamou and...

Digital Africa has unveiled the Digital Africa Seed Fund, a new pan-African seed vehicle targeting between €30 million and €50...

Nigerian electric mobility company Metro Africa Xpress, better known as MAX, has raised $8 million in debt from Dutch impact...

The Milken Institute and the Motsepe Foundation are honoured to announce BleagLee, a Cameroon-based AI-powered waste recycling company, as the...

Nigerian fintech startup BFREE has secured a new growth round that will help it buy more non-performing loan portfolios, strengthen...

OneBio Venture Studio has reached an R100 million ($6 million) first close for its second fund, with a final target...

Cape Town-based Shiprazor has raised $2.65 million in seed funding to tackle one of African e-commerce’s most persistent headaches: fragmented...

Ethiopian electric mobility startup Dodai has raised $13 million in Series A financing, split between $8 million in equity and...

Aubrey Niederhoffer is turning what should have been a Berkeley sophomore year into a Lagos market test for a much...

Lagos-based credit management startup Bfree has secured $3.1 million in new funding from undisclosed backers as it expands a model...

Egyptian startup Sinai.ai has secured $1.45 million in a pre-seed funding round as it attempts to reshape how digital books...

Cape Town-based healthtech startup AI Diagnostics has raised R85 million, roughly $4.5 million to $5 million, in a pre-Series A...

Cairo-based fintech startup INVIA has secured USD 1.2 million in fresh funding from angel investors and strategic backers, a vote...

NectarFi has announced the public launch of its unified financial platform, designed to give crypto users the kind of complete,...

Madica, a structured investment program for pre-seed African startups, has announced new investments in three tech-enabled startups. The three startups...

Egyptian fintech startup Lucky App has secured $22 million in Series B funding as it pushes into a new stage...

Morocco-based retail technology startup Z Systems has announced a new funding round aimed at expanding its digital infrastructure for neighborhood...

Kulipa, a Paris-based stablecoin-native card issuing infrastructure platform, today announced it has raised $6.2 million in seed funding co-led by...

MNT-Halan has secured fresh funding through the debt markets, raising 2.214 billion Egyptian pounds, about $41.3 million, in a securitisation...

OpenAI has secured $122 billion in fresh funding, marking one of the largest capital raises in the history of the...

Angolan mobility startup ANDA has raised $1.2 million from BFA Asset Management, adding momentum to its effort to reshape urban...

Novastar Ventures has closed its Africa People and Planet Fund III at $147 million, marking a meaningful step for one...

Kenyan fintech company 4G Capital has raised $2 million in strategic funding to widen its lending footprint and support more...

Jobtech Alliance backed Twiva with a clear view: Africa’s creator economy isn’t short on audiences. It’s short on systems that...