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Funding Rounds

Funding Rounds

South African fintech Revio raises $5.2 million in seed funding

A South African fintech Revio raises $5.2 million in seed funding to optimize payment services across Africa. To fix Africa’s fractured payment ecosystem, Revio is...
Insurance Technology [InsurTech]

South African insurtech Root has secured $1.5 million for expansion

A South African insurtech, Root has secured $1.5 million for expansion. Root plans to use the $1.5 million to accelerate its expansion, and build...
Series A

Ghanaian Complete Farmer secures a $10.4 million pre-Series A funding

Complete Farmer secures a $10.4 million pre-Series A funding of $7 million in equity and $3.4 million in debt to reach farmers to global...
Funding Rounds

Nigerian SaaS ANKA raises $5M in pre-Series A Extension Round

Nigerian SaaS ANKA raises $5M in pre-Series A Extension Round. The round was led by the International Finance Corporation (IFC) with participation from Proparco and...
Funding Rounds

Nigerian automotive startup Fixit45 has raised $1.9 million

Nigerian automotive startup Fixit45 has raised $1.9 million. Fixit45 growth drive into East Africa has resulted in the startup raising $1.9 million to supply...
Funding Rounds

Mecho Autotech has Closed a US$2.4 Million Pre-Series A Funding Round

Nigeria’s Mecho Autotech has closed a US$2.4 million pre-series A funding round to launch a B2B distribution platform for aftermarket spare parts. Mecho Autotech...
Funding Rounds

Zambian Fintech Lupiya has Secured US$8.25 Million in Series A Funding

Zambian fintech Lupiya has secured US$8.25 million in Series A funding to scale operations in its home market and new ones. Lupiya intends to support...
Funding Rounds

Ugandan Agri-Loans Startup Emata has Raised a US$2.4 Million Seed Funding Round

Ugandan agri-loans startup Emata has raised a US$2.4 million seed funding round to expand its offering across East Africa. Emata is one of the cornerstones...
Funding Rounds

Kenyan fintech Zanifu raises $11.2 million to scale inventory financing offering.

Kenyan fintech Zanifu raised $11.2 million to scale its inventory financing offering. The fintech provides inventory financing to small and medium-sized businesses and has...
Funding Rounds

Hugging Face raises $235M from investors, including Salesforce and Nvidia

Hugging Face AI startup raised $235 million in a series D funding round. Hugging Face raises $235M from investors, including Salesforce. Salesforce CEO Marc...
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