TechCrunch

DECEMBER 1, 2022

Badili , a Kenya-based smartphone re-commerce startup, has raised $2.1 million pre-seed funding to scale its operations within Africa; one of the fastest-growing mobile phone market in the world. Smartphone re-commerce startup Badili raises $2.1M Smartphone re-commerce platform Cashify bags $90 million in new funding.

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TechCrunch

JANUARY 4, 2022

The year 2021 saw more and bigger deals closed in Africa, as tech startups across the continent raised close to $5 billion. This amount was double the previous year’s investment, and nine times what was raised five years ago, an indication of how much the startup scene has transformed over the last few years.

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TechCrunch

DECEMBER 9, 2021

The investment, which comes 11 months after uLesson raised a $7.5 In this case, uLesson adopts a diversified method of charging schools and their stakeholders. Instead, he’s particularly excited about getting Tencent onboard as the tech giant’s first edtech investment in Africa.

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TechCrunch

NOVEMBER 11, 2021

Insurance lags behind other financial services in the adoption of digital technologies. In Africa, one startup is carving a niche for itself. The company, based in South Africa, has raised $3 million in seed funding to scale outside Africa and build the infrastructure for the digital insurance economy.

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TechCrunch

JANUARY 19, 2022

Carry1st , a South African publisher of social games and interactive content across Africa, has raised a $20 million Series A extension led by Andreessen Horowitz (a16z). Over time, it switched to a hybrid model, adopting a publishing role and handling distribution, marketing and operations.

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TechCrunch

NOVEMBER 8, 2021

JUMO , a South Africa- and London-based company that offers financial services to entrepreneurs and businesses in emerging markets, has raised $120 million in a new round of funding led by Fidelity Management & Research Company. It is also coming a year after raising $55 million in a similar unnamed financing round.

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TechCrunch

FEBRUARY 2, 2022

The general perception of insurance on the continent has been bland for years, and its penetration rate, except South Africa, is subpar. Per a McKinsey study in 2018, Africa’s insurance market stood at a 3% penetration rate; with South Africa excluded, it was 1.12%. In the news today is one such company: Casava.

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TechCrunch

NOVEMBER 29, 2022

The two-year-old startup raised $1.1 million in pre-seed funding this January, bringing its total funding raised this year to $4.5 Futi said Orda has witnessed tremendous adoption among small restaurants in its two markets, Nigeria and Kenya, and claims the startup might have reached product-market fit already.

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TechCrunch

AUGUST 26, 2021

When companies create digital payments-facing solutions for African countries outside Nigeria and South Africa, building around mobile money is key. “And the way we’re looking at the continent, we’re looking at adoption rates for mobile money growing at an insane speed. It’s literally a no-brainer.

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TechCrunch

JANUARY 6, 2022

That’s the drive for South Africa-based health tech startup HealthLeap , which focuses on a global healthcare market starting from the U.S. And with the pandemic massively accelerating healthcare professionals’ adoption rates of digital tools, HealthLeap is poised to capture a significant market share with its software.

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TechCrunch

MARCH 15, 2021

They include Algeria, Botswana, Egypt, Kenya, Lesotho, Malawi, Mauritius, Morocco, Mozambique, Senegal, Seychelles and South Africa. PayPal finally arrived Africa’s most populous country in 2014 and a year later, it became the company’s second-biggest market on the continent.

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TechCrunch

JANUARY 20, 2021

ULesson , an edtech startup based in Nigeria that sells digital curriculum to students through SD cards, has raised $7.5 Similar to many edtech startups, uLesson has benefited from the overnight adoption of remote education. Sim Shagaya’s uLesson African edtech startup raises $3.1M. million in Series A funding.

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TechCrunch

JANUARY 17, 2022

Futi also remarked that the adoption from restaurants in markets where it operates (Nigeria and Kenya) has been “very seamless,” adding that the cloud-based software doubles its growth rate every three weeks. In a statement, Orda said its gross merchandise value (GMV) grows 15% week-on-week while processing up to 10,000 transactions weekly.

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TechCrunch

JULY 13, 2022

His win came when the global appetite for Amapiano, a style of house music that emerged in South Africa , and Afrobeats, a popular music genre that originated from Western Africa , had increased exponentially. Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets.

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TechNode

DECEMBER 20, 2024

The announcement came after concerns were raised by the Antitrust Division that the directors dual roles on both the Epic and Tencent boards violated Section 8 of the Clayton Act, which stipulates that an individual cannot serve on the boards of multiple competing companies.

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TechCrunch

JULY 28, 2022

Qwili , a startup that provides a hybrid sales product to micro and small merchants in South Africa, has raised $1.2 During those early stages, the phone wasn’t paying back quickly enough, and there wasn’t high enough adoption of the digital services. It turns out that didn’t work, hence the pivot to merchants.

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TechCrunch

SEPTEMBER 22, 2022

The startup announced today that it has raised $4 million to expand in markets like the United States, United Kingdom and Australia. Australia, South Africa and India, with plans to add more markets next month. That’s why Binocs was founded. Binocs is currently tax compliant in the U.S.,

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TechCrunch

SEPTEMBER 23, 2022

Nigeria’s YC-backed Remedial Health raises $4.4M The uptake comes as telehealth is said to bridge the healthcare access gap in Africa, the continent that suffers the highest disease burden in the world and the lowest patient-to-doctor ratio. Uganda’s Rocket Health raises $5M to scale telemedicine across Africa.

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TechCrunch

OCTOBER 10, 2022

The startup said today it has raised another $6.8 In total, AgriWebb has raised $27 million in Series B and about $29.3 Additionally, AgriWebb has partnerships in Brazil and South Africa, Webb said. million of funding led by Germin8 Ventures and iSelect Fund. million since its inception in 2014. and the U.S.

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TechCrunch

SEPTEMBER 21, 2022

The company, which facilitates B2B payments for businesses in Francophone West Africa, mainly via mobile money channels, has raised a total of $7 million in the financing round. . In 2019, West Africa reported the most live mobile money services in any region, with 56 million active accounts.

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TechCrunch

AUGUST 28, 2022

At the same time, as the venture market slowed dramatically and suddenly, raising capital was much harder. In a press release , co-founder and chairman Amit Haller said “the challenging real estate and financial market conditions and unfavorable capital-raising environment” led to the decision to wind down operations. Ahem, Brex).

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TechCrunch

MARCH 16, 2022

Last year, the New York-based firm, known for its famous bets on Stripe, JD.com, Meituan and Roblox, raised $6.7 The media company has also been on an ongoing quest to list on the London Stock Exchange at a $100 million valuation since 2019, after raising almost $40 million from investors.

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Fast Company Tech

MARCH 18, 2025

to adopt a net zero goal back in 2019. Bristol has a reputation for climate action and community support for renewables; this city-scale move shows that it is raising its own bar. Fast-track permitting from the city is accelerating the path to innovation, with the goal of turning the once-busy station into a hub of a different sort.

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TechCrunch

MAY 7, 2023

We also wrote about Tellus, a startup that raised $16 million in an Andreessen Horowitz–led seed round of funding last year that is now being scrutinized by the U.S. After a $200,000 pre-seed round, Fingo got into YC S21 and raised $4 million in seed funding toward the end of that year.” More details here. government.

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Tech Soup

DECEMBER 18, 2012

We also found that here are barriers to deep cloud adoption among NGOs. Our survey found that lack of knowledge is the biggest barrier to additional cloud adoption, cited by 86 percent of the global respondents. Smartphone adoption in Africa is expected to roughly double in each of the next three years.

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TechCrunch

MARCH 15, 2022

raised more money from venture capitalists in 2021 than ever. On the bright side, founding teams counting both women and men as members raised 17% of VC investments in Africa in 2021. Women-founded startups in Africa to have raised $100 million or more are led mainly by white CEOs. startups raked last year.

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TechCrunch

NOVEMBER 2, 2021

The Swedish-Kenyan company raised $5 million in equity and $2.5 The round is the company’s first major fundraise, having previously raised capital from angel investors. In addition to Kenya, the company’s other clients are spread out in Nigeria, Sierra Leone, Ghana, Uganda, Democratic Republic of Congo and South Africa. .

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TechCrunch

JUNE 29, 2022

New report examines Africa’s growth in the digital economy and VC investment landscape. The idea to build Adanian Labs, was conceived in 2018, when Kamara was living and working in Cape Town, South Africa, where he witnessed the fast growth of the startup ecosystem, and how, in most countries, accelerators were the default launch pads.

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TechCrunch

FEBRUARY 21, 2022

Jambo , a Congo-based startup building Africa’s web3 user acquisition portal through “learn, play, earn” and democratizing access to crypto-based income-generation opportunities, has raised $7.5 Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets.

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TechCrunch

DECEMBER 1, 2021

South African tech talent marketplace OfferZen is one of the beneficiaries of the growing global demand for tech workers: It confirmed to TechCrunch that it has raised €4.5 million) in Series A funding from South African investment company Base Capital. million ($5.07 and Germany, which are prominent hubs for global talent.

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TechCrunch

SEPTEMBER 10, 2022

Africa is the world’s third fastest-growing crypto market, with crypto adoption increasing by more than 1,200% over the last two years. Countries such as Nigeria, Kenya and South Africa are majorly responsible for skyrocketing adoption rates as citizens try to hedge against currency devaluation and build wealth.

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TechCrunch

MAY 4, 2021

From the McKinsey report in 2018, the total gross written premiums (GWP) in Eastern Africa was $3.3 In comparison, South Africa did $48.3 Kenyan insurtech startup Pula raises $6M Series A to derisk smallholder farmers across Africa. There are just a handful of female founders who have raised million-dollar rounds.

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TechCrunch

DECEMBER 1, 2021

Gozem , a super app that provides a host of services — including transport, e-commerce and financial services in Francophone Africa — has raised $5 million in Series A financing, the company confirmed to TechCrunch. It follows the $7 million raised in previous seed rounds via three tranches from investors such as U.S.

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TechCrunch

JUNE 30, 2022

“The key reason for that is you’ve got over a billion people in Africa, the level of developmental needs across Africa is very significant. Kenya-based agritech Apollo raises $40 million in Softbank-led round, joined by Chan Zuckerberg Initiative, CDC. They include mature, powerhouse, stable and fragile markets.

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TechCrunch

JANUARY 17, 2023

In the coming decades, Africa will be a significant growth market for mobile games, driven by the proliferation of technology adoption among the continent’s youthful population. South African music artiste Nasty C (far left); Carry1st co-founder and COO Lucy Hoffman (far right). Image Credits: Carry1st.

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Beneblog: Technology Meets Society

NOVEMBER 24, 2015

We travel because we need to raise money, and we won’t get it unless we get in front of the donors. I had a chance to meet with staffers involved in the drafting of two key federal bills that are most likely to be adopted, and shared my issues. We travel because we think it’s the most effective way to spread social change.

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