TechCrunch

JANUARY 25, 2021

The raise comes after Pula closed $1 million in seed investment from Rocher Participations with support from Accion Venture Lab, Omidyar Network and several angel investors in 2018. . .” “With our latest funding, now is the time to break into new ground. Co-CEOs with agricultural backgrounds. million farmers.

Africa 144

Africa Raise Rwanda Nigeria 144

TechCrunch

MARCH 16, 2022

It has been a hot sector for investors, and today’s news shows they aren’t slowing down in backing these startups just yet as Sokowatch , one of the major players in the space, announced that it has raised $125 million in Series B funding. However, the recent entry into Ivory Coast and Senegal somewhat forced its hand.

Global 94

Global Senegal Nigeria Rwanda 94

TechCrunch

SEPTEMBER 7, 2021

and Senegal-based mobile money provider, has raised $200 million in Series A round of funding. Four big-name backers jointly led the round — Sequoia Heritage, a private investment fund and a subsidiary of Sequoia; Founders Fund; payments upstart Stripe; and Ribbit Capital. Wave , a U.S. Image Credits: Wave.

Senegal 124

Senegal Africa Mobile Money 124

TechCrunch

MAY 3, 2022

Norway’s Pangea Trust, through its equity crowdfunding platform Connect , is unlocking diaspora remittance inflows as funding source for early and growth-stage startups in Africa. Remittances from abroad reached $45 billion in 2021, with Nigeria, Ghana, Kenya, Senegal and Zimbabwe leading the list of recipient countries.

Fund 90

Fund Zimbabwe Kenya Africa 90

TechCrunch

JULY 13, 2022

Wave, an African fintech that offers mobile money services in Senegal and Ivory Coast, laid off about 15% of its workforce last month. The company, which operated a stealth launch two years prior in Senegal, has since raised over $290 million in equity and debt capital funding to date. Germany, Nigeria and the U.K.

Senegal 98

Senegal Burkina Faso Africa Paypal 98

TechCrunch

JANUARY 27, 2023

But before that, there was shared optimism that African startups would raise more VC funding last year than in 2021 when the continent, for the first time, passed the $4-5 billion threshold. Africa predicted to experience sustained funding slowdown in 2023 Most tech observers share Cuvelier’s thoughts on VC activity in Africa.

Raise 99

Raise South Africa Africa Kenya 99

TechCrunch

OCTOBER 6, 2021

Today, a new activity takes us to Morocco, where YC-backed company Chari just raised a $5 million seed round at a valuation of $70million. In August, Chari received fresh competition when regional player MaxAB , who, after raising $55 million, moved into the country by acquiring another YC-backed company, WaystoCap , for an undisclosed sum.

Morocco 100

Morocco Digital Tunisia Raise 100

TechCrunch

AUGUST 26, 2021

Today, the company is announcing that it has closed $9 million in seed funding to scale its operational presence, recruit talent and expand into new markets. based fund 88mph co-led the round with China-based MSA Capital, with participation from Zagadat Capital, Kepple Ventures and Vunani Capital. He also sits on the board of 88mph.

Africa 129

Africa Mobile Ghana Money 129

TechCrunch

JUNE 9, 2022

AfricInvest, through its Cathay AfricInvest Innovation Fund (CAIF) and French-based development finance institution Proparco, co-led the early-growth round. It raised $850,000 seed in October 2020. In addition to Tunisia, GOMYCODE is present in Bahrain, Morocco, Egypt, Algeria, Ivory Coast, Senegal and Nigeria.

Africa 98

Africa Tunisia Saudi Arabia South Africa 98

TechCrunch

APRIL 28, 2023

While traditionally busy markets like North America and Europe benefited from the explosion in capital, other regions with more nascent startup scenes also saw big gains in their ability to attract funding. Chargel, based in Senegal, recently raised $2.5 Southeast Asia is a frequently noted example of the phenomenon.

Results 96

Results Global Africa Senegal 96

TechCrunch

MAY 30, 2022

These challenges befall millions of micro-retailers across the continent, and Betastore , a B2B retail marketplace for informal retailers, is working to resolve in Nigeria, Ivory Coast and Senegal. million in pre-series A funding from 500 Global, VestedWorld, and Loyal VC. Betastore has to date raised $3 million in funding.

Africa 89

Africa Senegal Nigeria Challenge 89

TechCrunch

DECEMBER 20, 2021

In one development of that theme, today, Taptap Send — one of the startups building tools to manage these money transfers — is announcing $65 million in growth funding as it continues its mission to enable remittances specifically to the most overlooked countries.

Sri Lanka 94

Sri Lanka Marketing Cameroon Zambia 94

TechCrunch

NOVEMBER 28, 2022

Ejara , a Cameroonian fintech offering an investment app that allows users to buy crypto and save through decentralized wallets, has raised $8 million in Series A investment. . London-based venture capital firm Anthemis co-led the growth round alongside crypto-focused fund Dragonfly Capital.

Platform 87

Platform Cameroon Burkina Faso Raise 87

TechCrunch

MARCH 15, 2021

They include Algeria, Botswana, Egypt, Kenya, Lesotho, Malawi, Mauritius, Morocco, Mozambique, Senegal, Seychelles and South Africa. Next , they request the funds via bank transfer, leading to more incurred costs or use other cross-border money platforms like WorldRemit.

Paypal 132

Paypal Collaboration Africa Nigeria 132

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. . Ivorian fintech Julaya raises $2M to digitize business payments in Francophone Africa. Byld Ventures, a $15M fund, backs fintechs in Africa. “I

Africa 81

Africa Burkina Faso Business Senegal 81

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.

Togo 99

Togo South Africa Service Africa 99

TechCrunch

AUGUST 18, 2022

The sustainable cooling company, which offers accessible cold storage solutions to businesses across Africa, has raised $2.5 million in seed funding. Nigeria-based growth equity fund Aruwa Capital Management led the round with participation from Acumen, Blue Earth Capital, All On, GSMA and other investors.

Africa 97

Africa Burkina Faso Sierra Leone Nigeria 97

TechCrunch

APRIL 20, 2023

Don’t worry, this is a Primo tool : Also by Romain , French startup Primo raised $3.4 Startups and VC Three former managing directors at Amex Ventures went out on their own to start Vesey Ventures, and now they have closed on their debut fund with $78 million in capital commitments to back early-stage fintech startups. Romain has more.

Management 98

Management Mobile Senegal Problem 98

TechCrunch

MARCH 2, 2022

And in a bid to continue providing affordable and accessible healthcare for its customers in Ivory Coast, Senegal and Cameroon, the Ivorian startup is being backed with $1 million in pre-seed funding. The equity raise saw participation mainly from angel investors, as the company also raised $1.2

Africa 95

Africa Product Benin Cameroon 95

TechCrunch

JULY 6, 2022

Already, Autochek has rolled out its operations in Ivory Coast and Senegal following the acquisition, with more markets set to be activated, including Benin and Togo, as the auto marketplace expands. The company, which in October last year raised $13.1 Autochek expands to North Africa after acquiring Morocco’s Kifal Auto.

Africa 86

Africa Morocco Benin Togo 86

TechCrunch

DECEMBER 4, 2020

Armed with a new financing model and purpose-built small solar-powered generators and water pumps, Nichols and Ibrahim have already built a network of customers using their equipment to increase incomes by anywhere from five to 10 times their previous levels by growing higher-value cash crops, cultivating more land and raising more livestock.

Africa 89

Africa Kenya Time Senegal 89

TechCrunch

FEBRUARY 28, 2022

The second is that companies YC backed four to five years ago, after raising a series of venture capital rounds, are now commanding huge valuations that they didn’t have in 2018. According to her, when one or two YC-backed companies in a region begin to scale while raising huge amounts of capital, it inspires other founders to apply to YC.

Companies 83

Companies India Algeria Africa 83

TechCrunch

NOVEMBER 3, 2022

Fifteen accelerators from key tech hubs, including Uganda, Egypt, Ghana, South Africa, Senegal, Nigeria, Ivory Coast, Kenya, Rwanda, and Tanzania will participate in the program. Accelerators provide all-round support to early-stage startups, including helping them find product-market fit, funding and access to investors.

Africa 84

Africa Global Model Business 84

TechCrunch

SEPTEMBER 30, 2022

Let’s dig into some of the moonshots of the batch and end with some notes from Clayton Bryan , partner and head of 500 Global’s Accelerator Fund. But the company, which was founded in 2016, has raised $2.4 The moonshots. Rosetta’s AI algorithm “sees” which attributes (e.g., Image Credits: Rosetta.ai.

Nigeria 88

Nigeria Global Senegal Advice 88

TechCrunch

JUNE 29, 2022

By the end of the one-year venture building program, the startups should have launched a product, onboarded, and had repeat customers, have a defined revenue model, and have raised or are in the process of closing seed funding. “We The venture studio is planning on building a fund that will target startups in the growth stage. “We

Africa 97

Africa South Africa Nigeria Kenya 97

TechCrunch

NOVEMBER 10, 2021

With a presence in six African countries — Nigeria, Ghana, Senegal, Liberia, Kenya and Uganda — Helium Health has signed more than 500 healthcare facilities. Nigeria’s Helium Health raises $10M Series A for Africa expansion. Over 7,000 medical professionals from these facilities now provide care to more than 300,000 patients monthly.

Africa 99

Africa Qatar UAE Nigeria 99

TechCrunch

SEPTEMBER 7, 2022

Swizerland, India, Nigeria, Senegal and other geographies. There’s Anchor, a remote banking-as-a-service platform that has already raised over $1 million for its platform, Bridgecard , a card issuer for Nigeria, and erad , a non-dilutive funding platform for Middle East startups. The future of friendly investment terms.

Place 92

Place Nigeria India United States 92

TechCrunch

NOVEMBER 21, 2022

Most FTX customers have been unable to withdraw their funds from the platform as the Bahamas-headquartered company goes through bankruptcy proceedings. Fintechs like us that have boards with much information and oversight even find it hard to raise money.

Africa 95

Africa Process Nigeria Files 95

Bloomerang

APRIL 2, 2021

Peace Corps in Senegal in West Africa. And it’s a huge driver of online fundraising, and also just awareness raising. So during Suicide Prevention Month, there was a campaign called Seize the Awkward, and they ran a three-day Twitch event to raise awareness and raise funds, where people on Twitch that were doing live streams.

Social Media 110

Social Media Trend Media Video 110

Fast Company Tech

MARCH 6, 2025

The stop in sharing data was “due to funding constraints that have caused the Department to turn off the underlying network” read the statement, which added that embassies and consulates were directed to keep their monitors running and the sharing of data could resume in the future if funded was restored.

Pakistan 100

Pakistan Public Global Share 100