Venture Capital

AfricInvest Closes its Midcap-focused Fund Raising over $400m

AfricInvest, an African investment platform, has announced the final close of AfricInvest Fund IV with total commitments of US$411 million.

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

Funding Investment Marketplace Venture Capital

Egyptian Online Used Cars Marketplace, Sylndr Closes $12.6m Pre-seed Round

Sylndr, an Egyptian online used-car marketplace, has raised $12.6 million for its pre-seed round led by RAED Ventures, with participation

Funding Health Investment Venture Capital

Egyptian Healthtech Startup Doxx Raises $1.5m Seed Round

Doxx, an Egyptian healthtech startup, has raised $1.5m in a seed round. Founded in 2020, Doxx connects users to professionals

4DX Ventures
Venture Capital

Mustard Lunches Idea-stage Investment Vehicle to Build Africa-focused Brands For Global Audiences

Mustard, a London-based ‘venture agency’ exclusively focused on Africa, has launched its idea-stage investment vehicle to originate Africa-focused ventures capable

Funding Investment Venture Capital

Nigerian Shipping Startup, Topship Secures $2.5m Investment

Topship, a Nigerian shipping startup, has raised a $2.5 million seed round led by Flexport. Also participating in the round

Funding Internet Investment Venture Capital

BLOC Smart Africa Leads $1m Round in South Africa’s TooMuchWifi

BLOC Smart Africa fund, initiated by the Smart Africa Alliance and managed by Bamboo Capital Partners, has announced an investment

Cryptocurrency Funding Investment Venture Capital

Mara Raises $23m to to Increase Number of Africans Participating in Crypto Economy

Mara, a pan-African crypto exchange platform, has secured a $23 million investment to build an African cryptocurrency exchange. The seed

Investment Startup Venture Capital

Nigerian KYC Verification Startup, Identitypass Raises $2.8m Led by Marc Ventures Capital

Identitypass, a Nigerian Know Your Customers (KYC) verification startup, has closed $2.8 million seed funding led by Marc Ventures Capital.

Funding Investment Venture Capital

South Africa’s Logistics Startup GoMetro Secures $1m Seed Extension

GoMetro, a South African logistics startup, has secured a $1 million seed extension round to accelerate its growth, bolster its