Global Beehive

Ila Dhond26/10/2022
334

Pre-seed investment platform Affiliate Madica launched by Flourish Ventures

The introduction of affiliate Madica, a structured investment program for pre-seed stage technology startups in Africa, has been announced by…
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Ila Dhond26/10/2022
269

Climate tech VC firm Satgana announced first close for $29 M

The first close of the fund for climate tech venture capital firm Satgana has been announced. The fund’s goal size…
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Ila Dhond26/10/2022
284

Emso Asset Management led $16.8 M funding raised by Nigerian mobility fintech Moove

Following a successful debut in August, Nigeria-based mobility FinTech company Moove—largest Uber’s car supply partner in EMEA—has secured GBP15 million…
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Ila Dhond25/10/2022
278

Spatialedge acquired SA startup Cape AI

In order to grow its service and make such solutions available to major businesses throughout Africa, the AI solutions company…
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Ila Dhond21/10/2022
243

President Buhari signed Nigeria Startup Act into law

President Muhammadu Buhari has approved the Nigeria Startup Act, which aims to strengthen the nation’s technological environment and support the…
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Ila Dhond21/10/2022
266

$4 M Seed funding raised by Nigerian social commerce startup Bumpa

Bumpa, a social commerce company in Nigeria, has revealed that it has secured a $4 million round of early investment…
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Ila Dhond19/10/2022
261

Japanese VC led undisclosed funding secured by SA employee wellness platform Strove

Lifetime Ventures, a Japanese venture capital firm, has provided an unknown amount of investment to South African startup Strove to…
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Ila Dhond17/10/2022
290

Incubation centre at Kenya’s PAUSTI University launched by AfDB

At the Pan African University Institute for Basic Sciences Technology and Innovation (PAUSTI), the Incubation Centre of Excellence, funded by…
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Ila Dhond17/10/2022
354

SA software startup Snapt shut down due to financial shortcomings

Application delivery controllers (ADCs) and load balancing software vendor Snapt, situated in South Africa, has shut their doors amid what…
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Ila Dhond15/10/2022
306

Kenyan startup Purple Elephant Ventures secured $1 M Pre-seed funding

A group of well-known international investors has closed a pre-seed round of US $1 million for Nairobi-based Purple Elephant Ventures…
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