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Funding
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Wingcopter receives funding of US$42 million to expand its network throughout sub-Saharan Africa
The German company Wingcopter, which makes and offers delivery drones, said that it has raised $42 million from reputable financial...
Read moreSava, a South African spend management platform, secures $2 million in pre-seed funding
Sava, a South African spend management startup, has secured $2 million in pre-seed funding from a number of investors with...
Read moreThe Pros and Cons of Venture Capital Funding
Investors who feel that a startup business or a small company has the potential for significant long-term growth will often...
Read moreFirstCheck Africa has received a commitment of $2 million from TLcom, bringing the total amount of its debut fund to $10 million
FirstCheck Africa has received a $2 million investment from TLcom Capital, a venture capital firm with an emphasis on Africa....
Read moreLaVida Studios, a Nigerian film production company, secures $50 million in funding
LaVida Studios in Nigeria has received a $50 million production investment. A $50 million initial commitment from PAC Capital Limited...
Read moreJobop, a Moroccan startup, has secured a $1 million seed round
Jobop, a Moroccan startup with an on-demand platform for temporary hiring, has closed a US$1 million seed round of funding...
Read moreZenysis Technologies, a big data startup, has raised $13.3 million in a series B round of funding
Big data startup Zenysis Technologies, with offices in San Francisco and Cape Town, revealed that it has closed a $13.3...
Read moreThepeer, a Nigerian startup, gets $2.1 million in seed money to support its expansion across Africa
Thepeer, an African tech infrastructure firm connecting businesses’ wallets, has secured a $2.1 million seed funding led by The Raba...
Read moreXENO, a Ugandan fintech startup, has raised $2 million in seed funding
XENO Corporation, a Ugandan fintech startup, has raised $2 million in seed funding Led by Beyond Capital Ventures. Eva Yazhari,...
Read moreKibo School, a Nigerian edtech startup, receives $2 million
Nigerian edtech startup Kibo School has raised a $2 million seed round led by Neo, a VC firm founded by...
Read moreFido, a Ghanaian fintech startup, has raised $30 million in a Series A funding round
Fido, a fintech company based in Ghana, has closed a $30 million Series A funding round led by Fortissimo Capital...
Read moreMFS Africa has announced the extension of its series C to a total of $200 million
MFS Africa, a digital payments network, has raised another US$100 million in equity and debt capital led by Admaius Capital...
Read moreThe Big 5
