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Funding
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ToumAI, a Moroccan startup has raised $1 million in a funding round
Moroccan AI technology company ToumAI has secured €1 million (approximately $1 million) in pre-seed funding to advance its mission of...
Read moreElon Musk’s $97.4 billion offer is reportedly “unanimously” rejected by OpenAI’s board of directors
In a decisive move, OpenAI's board of directors has unanimously rejected a $97.4 billion acquisition offer from a consortium led...
Read moreP1 Ventures has raised $50 million to further its “contrarian” African VC thesis
P1 Ventures, an early-stage pan-African venture capital firm, has successfully closed its first institutional fund at $50 million, aiming to...
Read moreEasyBank, a Tunisian fintech startup, has raised $370,000 in a funding round
Tunisian fintech startup EasyBank has successfully raised $370,000 in funding to support its international expansion plans. Founded in 2023 by...
Read moreStarkWare has launched a $4 million venture fund to promote blockchain innovation in Africa
StarkWare, an Israeli blockchain infrastructure company valued at $8 billion, has unveiled a $4 million venture fund aimed at fostering...
Read moreKhazna, 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 moreThe Big 5
