Venture capital

Newfund Capital, CDG Invest, LoftyInc, others back Nucleon Security

Nucleon Security, a provider of cybersecurity solutions, announced a late seed funding round of €3 million.

1 hr ago

AfricInvest and Partech back $22m round for Kredete

Fintech helps African immigrants build credit while facilitating cross-border payments.

Sep 16

Janngo Capital backs recruitment platform

Janngo Capital has invested in Jobzyn, a Moroccan recruitment platform.

Sep 12

South African fintech startup Float raises $2.6m

Float has secured $2.6 million in funding co-led by Invenfin and SAAD Investment Holdings.

Sep 10

Egypt: Cross-border digital bank raises $3m

Cairo-based fintech company Munify has raised $3 million in a seed round led by Y Combinator.

Sep 5

Refrigeration company raises $11m from Aruwa Capital, KawiSafi Ventures, others

Koolboks – an Africa-focused renewable energy refrigeration company – has closed an $11 million Series A funding round.

Sep 4

Prosus leads $12.5m Series A round

Intella, a provider of dialectal Arabic speech intelligence, has raised $12.5 million in an oversubscribed Series A round led by Prosus.

Sep 2

Japanese venture firms set up $20m fund for African startups

Uncovered Fund and Monex Ventures to target fintech, mobility, logistics, and climate tech.

Aug 28

South Africa’s VEA Capital invests in fintech firm StraTech

Investment to finance StraTech’s platform expansion and recruitment drive.

Aug 22

Egypt: Restaurant procurement platform raises $2m

Suplyd has raised $2 million in a pre-Series A funding round.

Aug 19

Morocco: Renew Capital backs influencer marketing platform

Renew Capital has announced an investment in Hypeo Ai.

Aug 15

Electric motorbike firm Ampersand closes funding to scale operations

BII, Seedstars Africa Ventures and Gaia Impact among backers in latest round.

Aug 13

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