LoftyInc Capital
Venture Capital

LoftyInc Capital Closes Third Fund at $14.3 million

LoftyInc Capital Management, an early-stage African-focused Venture Capital firm, has announced the final close of its third fund – LoftyInc

LoftyInc
Venture Capital

Pan African VC Firm, LoftyInc Capital Announces $5.5m First Close For its New $10m Fund

LoftyInc Capital, a pan-African Venture Capital firm, has announced a $5,5 million first close for its $10 million third fund

Techstars
Funding Investment Startup

Techstars Announces 12 New Investments Via its Africa-focused Program

Techstars, an investor platform in Africa, has announced its second cohort of 12 companies to participate in its pan-African accelerator

Automobile Funding Investment Startup Venture Capital

Mtor, an Egyptian Online Autoparts Marketplace Secures $2.8m pre-Seed Round Led by Algebra Ventures

Mtor, the Egyptian online auto parts marketplace, has raised a $2.8 million pre-seed round led by Algebra Ventures, with participation

Fintech Funding Investment Venture Capital

Ghanaian Fintech Startup SecondSTAX Secures $1.6m For Expansion

SecondSTAX, a Ghanaian investment fintech, has secured $1.6 million in pre-seed funding from private investors and venture capital firms, including

Youverify
RegTech

Nigerian KYC Verification Startup, Youverify, Raises $1m Seed Round Extension

Youverify, a Nigerian identity verification company helping African banks and startups automate KYC and other compliance procedures, has announced that

Edtech Funding Investment Venture Capital

Foondamate, a South African Edtech Startup Secures $2m Investment

Foondamate, a South African edtech startup, has secured a $2 million seed funding round led by LocalGlobe to boost and

Pylon
Funding Investment

Egypt’s Pylon Secures $19m Seed Funding Round

Pylon, an Egyptian infrastructure management platform for water and electricity companies in emerging markets, has raised a $19 million seed

SmartWage
Funding Investment Venture Capital

South Africa’s Smartwage Raises $2m to Bridge Gap Between Businesses and Their Frontline Employees

SmartWage, an HR and communications technology startup, has raised a USD$2 million oversubscribed seed funding round to support its vision

Health Investment Venture Capital

Egypt’s Otida Raises $340k Pre-seed Funding to Alleviate Pains of Diabetes

Otida, an Egyptian healthtech startup, has completed a $340,000 pre-seed funding round led by LoftyInc Capital. The round was joined by