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Funding
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Khazna, an Egyptian fintech startup, has raised $16 million in its pre-Series B funding round
Egyptian fintech startup Khazna has successfully raised $16 million in a pre-Series B funding round to bolster its financial services...
Read moreCauridor, an Ivorian fintech startup, has raised $3.5 million in seed funding
Ivorian fintech startup Cauridor has successfully secured $3.5 million in seed funding to enhance its cross-border payment infrastructure across Francophone...
Read moreFoundation Ventures launches a $25 million fund to boost Egypt’s startup ecosystem
Cairo-based venture capital firm Foundation Ventures has announced the first close of its $25 million fund, FVFII, aimed at bolstering...
Read moreEgyptian Startup Simplex Secures $13 Million to Establish CNC Manufacturing Facility in Saudi Arabia
Simplex, an Egyptian startup specializing in computer numerical control (CNC) machine manufacturing, has successfully raised $13 million to construct a...
Read moreAfrica’s startups brought in $2.2 billion in 2024
African startups collectively raised $2.2 billion in 2024, marking a 25% decline from the previous year, according to a report...
Read moreAccrue, a Nigerian fintech startup has raised $1.58 million in seed funding
Nigerian fintech startup Accrue has successfully raised $1.58 million in a seed funding round led by Lattice Fund, with participation...
Read moreOpenAI is discussing plans to get more funding, which could make the company worth as much as $340 billion
OpenAI, the artificial intelligence company behind ChatGPT, is reportedly in discussions to raise new funding, which could push its valuation...
Read moreNjiaPay, a South African startup, has raised $1M in a funding round
South African fintech startup NjiaPay has successfully raised over $1 million in an oversubscribed pre-seed funding round. The round was...
Read moreFincart, based in Egypt, has raised a pre-seed funding round
Cairo-based startup Fincart.io has successfully closed an undisclosed pre-seed funding round led by Plus VC, with participation from Plug and...
Read moreInsight Terra, a climate-tech platform based in South Africa, has raised $5.7M in a Series A extension funding round
Insight Terra, a South African climate-tech company specializing in environmental risk management, has successfully closed a $5.7 million Series A...
Read moreLemFi, a Nigerian fintech startup, has raised $53 million in its Series B funding round
LemFi, a fintech platform dedicated to providing financial services for immigrant communities, has raised $53 million in a Series B...
Read moreHudhudshop, a Qatari e-commerce platform, has secured a six-figure investment in its pre-seed round
Hudhudshop, the top e-commerce platform with its headquarters in Qatar, recently announced that it has successfully raised six figures in...
Read moreThe Big 5
