Tag: Funding
Oyster Agribusiness raises $310k to drive sustainable agric, inclusivity
Oyster Agribusiness, an innovative agricultural technology (AgriTech) enterprise collaborating closely with smallholder farmers, is delighted to announce the successful acquisition of substantial funds to...
Agritech firm N-Drip secures $44m in Series C round
N-Drip Ltd., the fast-growing Israel-based Agritech firm with a revolutionary irrigation technology has closed on a US$44 million series C funding round, which may...
Nigeria start-up Haul247 secures $3m seed funding to expand across Africa
Nigeria’s Haul247, an end-to-end logistics tech platform connecting businesses to haulage and warehousing assets in one ecosystem, has raised US$3 million in seed funding...
Nigerian Fintech Sabi raises $38 million for B2B marketplace serving African...
Nigeria-based B2B eCommerce firm Sabi has raised $38 million in Series B funding to support its B2B marketplace that is serving retailers in Africa.
This funding round...
M-KOPA raises US$250 million
M-KOPA, a solar power provider and digital asset financing platform in Kenya, has announced one of the largest 2023 raises in Africa's tech ecosystem.Â
The...
Nomba raises US$30 million pre-series B funding
Nigerian Fintech startup, Nomba, has raised a $30 million Pre-Series B funding round to support the delivery of bespoke payment solutions for African businesses.
The...
OpenAI raises $300 million to reach $29 billion valuation
OpenAI, parent company of ChatGPT and DALL-E, recently closed a $300 million raise.Â
This funding round, which includes participation from Tiger Global, Sequoia Capital, Andreessen...
42Markets Group secures $10m growth capital from Convergence Partners, 14 othersÂ
42Markets Group, the financial and capital markets fintech investment group, has secured $10 million in growth funding from Convergence Partners, a leading private equity...
Mastercard Foundation withholds funding for African Development University over serious allegations...
The Mastercard Foundation is withholding financial support for one of Africa’s non-profit universities. The decision by the Foundation followed serious allegations of sexual harassment...
Founders need to take a stand against VC’s ‘dirty money’
With fundraising by venture capital firms globally hitting a nine-year low at the end of 2022, news reports are circulating that top-tier Silicon Valley investors such as Andreessen...