Global Beehive

Ila Dhond13/08/2022
355

Flo by Saada acquired by Kenyan conversational e-commerce startup Elloe

For an unknown fee, Kenya’s Elloe, a conversational e-commerce firm, purchased rival Flo by Saada in order to expand its…
Read More »
Ila Dhond13/08/2022
430

SA’S DataProphet completes $10 M Series A funding to spur development

The $10 million Series A funding round for South African firm DataProphet, which utilizes artificial intelligence (AI) to assist manufacturers…
Read More »
Ila Dhond13/08/2022
301

$500k funding raised by Kenyan fintech startup FinAccess

A venture capital (VC) firm with its headquarters in Cape Town, HAVAC, has invested US $500,000 in the Kenyan business…
Read More »
Ila Dhond12/08/2022
316

TymeBank acquired SA fintech company Retail Capital

TymeBank, South Africa’s fastest-growing digital bank, has acquired Retail Capital, a fintech startup that offers finance to small and medium-sized…
Read More »
Ila Dhond12/08/2022
338

Pre-seed funding secured by Ugandan tourism-tech startup Tripesa

In order to find a product-market fit before expanding across the continent, the Ugandan firm Tripesa is in the tourist…
Read More »
Ila Dhond09/08/2022
292

First round of VC funding secured by Kenyan HR startup FaidiHR

After receiving an unknown amount of money from SprintX, a US-based VC focused on early-stage entrepreneurs, the Kenyan HR firm…
Read More »
Ila Dhond08/08/2022
274

Lockheed Martin doubled its VC fund to $400 M

Lockheed Martin, a US aerospace company, has quadrupled its venture capital fund from $200 million to $400 million, with the…
Read More »
Ila Dhond08/08/2022
293

Incubator programme launched by SA’s Anglo American

Anglo-American, a mining firm based in South Africa, has started an incubator program through Zimele, its business development division. The…
Read More »
Ila Dhond08/08/2022
295

US $3.7 M seed extension funding raised by Kenyan insurtech startup Lami

A seed extension round of US $3.7 million has been obtained by Kenyan B2B and B2B2C insurance-as-a-service platform and API…
Read More »
Ila Dhond08/08/2022
328

$2.5 M seed extension funding secured by Nigerian KYC startup Youverify

Startup Youverify in Nigeria earned US $1 million in seed extension investment, bringing the total amount of the round to…
Read More »