Venture capital

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.

14 hrs ago

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

Kenya: Flourish Ventures, TLCom Capital, others back HoneyCoin

HoneyCoin, a Kenyan fintech company, has closed a $4.9 million funding round led by Flourish Ventures.

Aug 13

Novastar Ventures leads Chowdeck's $9m Series A round

Chowdeck, an on-demand delivery platform, has raised $9 million in Series A funding to expand into more cities across Nigeria and Ghana.

Aug 11

South Africa: Flood raises further $2.5m

Flood secures $2.5m seed round to speed market entry and boost telco partnerships

Aug 5

South African travel fintech TurnStay raises $2m

Seed round led by First Circle Capital.

Aug 5

University of Michigan International Investment Fund in Cameroon deal

The University of Michigan International Investment Fund (IIF) has announced a pre-Seed investment in Swyft.

Jul 28

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