Global Beehive

Ila Dhond03/11/2021
312

$725k pre-seed funding raised by YC-backed Nigerian fintech Lemonade Finance

Lemonade Finance, a Nigerian fintech firm sponsored by Y Combinator, has acquired $725,000 in pre-seed capital to help it expand.…
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Ila Dhond30/10/2021
370

$1.5 M funding raised by SA e-health startup RecoMed for Kenyan expansion

RecoMed, a South African online healthcare marketplace and booking platform, has raised US $1.5 million in finance ahead of its…
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Ila Dhond30/10/2021
348

Stitch, SA API fintech startup extended seed round to $6 M

Stitch, a South African API finance startup, has increased its seed financing from US $4 million to US $6 million…
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Ila Dhond30/10/2021
467

ABAN’s co-investment fund, AfriLabs, will move forward following a successful pilot

Catalytic Africa, a co-investment fund founded by the African Business Angels Network (ABAN) and AfriLabs in 2019, has completed a…
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Ila Dhond28/10/2021
321

$3.2 M seed funding raised by YC-backed Nigerian agri-tech startup Vendease

Vendease, a Nigerian agri-tech firm supported by Y Combinator, has acquired US $3.2 million in early capital to expand operations…
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Ila Dhond28/10/2021
365

Illumina Accelerator led funding raised by SA AI-based biotech startup BixBio

BixBio, a South African AI-based biotech startup, has been chosen as one of seven genomics businesses to participate in the…
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Ila Dhond27/10/2021
338

Brayfoil, a South African cleantech firm selected for the Katapult Ocean Accelerator

Brayfoil Technologies, a South African clean-tech firm, has been selected to participate in the Katapult Ocean accelerator and has received…
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Ila Dhond27/10/2021
295

Since 2013, only 3% of African digital startup funding gone to all-female founding teams

Since 2013, just 3% of African digital startup financing has gone to firms founded entirely by women. According to the…
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Ila Dhond23/10/2021
297

MFS Africa acquires Nigerian fintech startup Baxi

Baxi, one of Nigeria’s largest super-agent networks, has been bought by MFS Africa, a pan-African payments business, to facilitate the…
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Ila Dhond22/10/2021
349

$7.5 M Series A funding secured by Kenyan fintech Asante for pan-African expansion

Asante, a Kenyan fintech firm, has raised US $7.5 million in a Series A round to expand its credit offers…
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