Funding

Moroccan AI technology company ToumAI has secured €1 million (approximately $1 million) in pre-seed funding to advance its mission of...

In a decisive move, OpenAI's board of directors has unanimously rejected a $97.4 billion acquisition offer from a consortium led...

P1 Ventures, an early-stage pan-African venture capital firm, has successfully closed its first institutional fund at $50 million, aiming to...

Tunisian fintech startup EasyBank has successfully raised $370,000 in funding to support its international expansion plans. Founded in 2023 by...

StarkWare, an Israeli blockchain infrastructure company valued at $8 billion, has unveiled a $4 million venture fund aimed at fostering...

Egyptian fintech startup Khazna has successfully raised $16 million in a pre-Series B funding round to bolster its financial services...

Ivorian fintech startup Cauridor has successfully secured $3.5 million in seed funding to enhance its cross-border payment infrastructure across Francophone...

Cairo-based venture capital firm Foundation Ventures has announced the first close of its $25 million fund, FVFII, aimed at bolstering...

Simplex, an Egyptian startup specializing in computer numerical control (CNC) machine manufacturing, has successfully raised $13 million to construct a...

African startups collectively raised $2.2 billion in 2024, marking a 25% decline from the previous year, according to a report...

Nigerian fintech startup Accrue has successfully raised $1.58 million in a seed funding round led by Lattice Fund, with participation...

OpenAI, the artificial intelligence company behind ChatGPT, is reportedly in discussions to raise new funding, which could push its valuation...