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| Nov 26, 2021 | Sabi targets South Africa and Kenya with its new $6 million investment | Sabi, a B2B marketplace serving Nigeria’s $244 informal trade sector, today announced the close of a $6 million bridge round to support its fast-paced growth in Nigeria and extend its services to other countries.
The bridge round was led by... |
| Mar 11, 2021 | South Africa’s FlexClub adds $5M to seed round to scale its car subscription marketplace | The traditional process of buying, insuring and financing cars across emerging markets can be challenging, and it defeats the purpose of building an all-around car shopping experience. Today, FlexClub, a South African company, has been prov... |
| Oct 7, 2020 | Millionaire West African Startups: Nigerian investors are second only to the US in size and deals made | Share this article:
Across Africa, continued interest in startups has significantly increased the amount of capital invested over the last five years.
Last year, the continent achieved a major milestone, with Partech Africa reporting that 2... |
| Aug 30, 2020 | Techpoint Awards 2020: Complete list of winners and Hall of Fame inductees | Share this article:
Editor’s note [Updated on September 18, 2020]: Following GIG Logistics’ request to exercise its legal rights, the company has been removed from the finalists in the Logistics Category of the Awards.
On January 1, 2020, T... |
| May 28, 2020 | SA startup Carry1st raises $2.5m seed round | Cape Town based startup Carry1st, which is looking to use games to build what could be Africa’s first super app, has raised seed round of $2.5 million led by Johannesburg based venture capital (VC) fund CRE Venture Capital.
Perivoli Innovat... |
| May 28, 2020 | SA startup Carry1st raises $2.5m seed round | Cape Town based startup Carry1st, which is looking to use games to build what could be Africa’s first super app, has raised seed round of $2.5 million led by Johannesburg based venture capital (VC) fund CRE Venture Capital.
Perivoli Innova... |
| Mar 18, 2020 | Here are the nominees for Techpoint Nigerian Startup Awards 2020 | Share this article:
Editor’s note [Updated on September 18, 2020]: In accordance with GIG Logistics’ request following the decision to exercise its legal rights, the company has been removed from the finalists in the Logistics Category of t... |
| Jan 21, 2020 | Nigerian fintech Flutterwave raises $35m Series-B round | Flutterwave, a US-based fintech startup founded by Nigerians, has raised a $35-million Series-B round led by US venture capital firms Greycroft and eVentures.
CRE Venture Capital, Visa, Green Visor Capital, Endeavor and US financial service... |
| Jan 21, 2020 | Nigerian fintech Flutterwave raises $35m Series-B round | Flutterwave, a US-based fintech startup founded by Nigerians, has raised a $35-million Series-B round led by US venture capital firms Greycroft and eVentures.
CRE Venture Capital, Visa, Green Visor Capital, Endeavor and US financial servic... |
| Jan 21, 2020 | Kalon Venture Partners tops up three portfolio investments, makes new deal | SA venture capital (VC) company Kalon Venture Partners last year committed fresh investments in three of its current portfolio companies and last month invested in an email protection startup, Sendmarc, the VC’s CEO Clive Butkow revealed th... |
| Jan 21, 2020 | African fintech firm Flutterwave raises $35M, partners with Worldpay | San Francisco and Lagos-based fintech startup Flutterwave has raised a $35 million Series B round and announced a partnership with Worldpay FIS for payments in Africa.
With the funding, Flutterwave will invest in technology and business dev... |
| Jan 21, 2020 | Kalon Venture Partners tops up three portfolio investments, makes new deal | SA venture capital (VC) company Kalon Venture Partners last year committed fresh investments in three of its current portfolio companies and last month invested in an email protection startup, Sendmarc, the VC’s CEO Clive Butkow revealed th... |
| Jan 15, 2020 | Endeavor welcomes Clickatell’s Pieter de Villiers, FlexClub’s Tinashe Ruzane into fold | Clickatell co-founder Pieter de Villiers and FlexClub co-founder Tinashe Ruzane are the latest SA entrepreneurs to have been selected as Endeavor entrepreneurs.
The two tech entrepreneurs were among 24 entrepreneurs leading 15 companies fro... |
| Jan 15, 2020 | Endeavor welcomes Clickatell’s Pieter de Villiers, FlexClub’s Tinashe Ruzane into fold | Clickatell co-founder Pieter de Villiers and FlexClub co-founder Tinashe Ruzane are the latest SA entrepreneurs to have been selected as Endeavor entrepreneurs.
The two tech entrepreneurs were among 24 entrepreneurs leading 15 companies fr... |
| Jan 14, 2020 | SA proptech Flow set to close new funding round at end of month, says CEO | Proptech startup Flow, which last year raised R20-million in a seed round, is set to close a second seed round at the end of this month, the Johannesburg based company’s CEO Gil Sperling revealed today.
Sperling (pictured above, middle, wi... |
| Jan 14, 2020 | SA proptech Flow set to close new funding round at end of month, says CEO | Proptech startup Flow, which last year raised R20-million in a seed round, is set to close a second seed round at the end of this month, the Johannesburg based company’s CEO Gil Sperling revealed today.
Sperling (pictured above, middle, wit... |
| Dec 20, 2019 | Are these SA’s 11 biggest disclosed VC deals in 2019? [Updated] | UPDATE (20 and 23 December): This article was updated to correctly state that SweepSouth’s R30-million raise from Naspers Foundry was part of a R60-million round closed in October. We have also removed the R500k Vollar deal which was actual... |
| Dec 20, 2019 | Are these SA’s 11 biggest disclosed VC deals in 2019? [Updated] | UPDATE (20 and 23 December): This article was updated to correctly state that SweepSouth’s R30-million raise from Naspers Foundry was part of a R60-million round closed in October. We have also removed the R500k Vollar deal which was actual... |
| Dec 18, 2019 | Rensource Energy secures $20 million series A led by CRE Venture Capital and Omidyar Network | Almost two years after raising $3.5 million in bridge financing, renewable energy startup, Rensource Energy, has raised $20 million in series A to expand and offer more services. |
| Dec 17, 2019 | Nigeria’s Rensource raises $20M to power African markets by solar | Nigerian startup Rensource Energy has raised a $20 million Series A round co-led by CRE Venture Capital and the Omidyar network.
The renewable energy company builds and operates solar-powered micro-utilities that provide electricity to comm... |
| Oct 7, 2019 | Cape Town startup SweepSouth raises over R50m in new funding round | UPDATE (20 December 2019: SweepSouth co-founder Aisha Pandor confirmed with Ventureburn today that the round was in fact valued at over R60-million and included a R30-million investment from Naspers’s R1.4-billion venture capital (VC) fund ... |
| Oct 7, 2019 | Cape Town startup SweepSouth raises over R50m in new funding round | UPDATE (20 December 2019: SweepSouth co-founder Aisha Pandor confirmed with Ventureburn today that the round was in fact valued at over R60-million and included a R30-million investment from Naspers’s R1.4-billion venture capital (VC) fund ... |
| Apr 4, 2019 | Africa Roundup: Jumia files for IPO, OneFi acquires Amplify, FlexClub expands in Mexico | Less than a decade ago IPOs, acquisitions and global expansion by African startups were more possibility than reality. March saw all three from the continent’s tech scene.
Pan-African e-commerce company Jumia filed for an IPO on the New Yor... |
| Mar 19, 2019 | SA startup FlexClub closes $1.2m round led by CRE Venture Capital [Updated] | Joburg-based startup FlexClub, which links investors and drivers to cars for ride-hailing services, has landed $1.2-million in investment in a round led by CRE Venture Capital.
SA angel investor and former banker Michael Jordaan, through h... |
| Mar 19, 2019 | South Africa’s FlexClub raises $1.2M, partners with Uber Mexico | FlexClub, a South African startup that matches investors and drivers to cars for ride-hailing services, closed a $1.2 million seed round led by CRE Venture Capital.
The company will use the financing to add team members and expand off the c... |
| Mar 19, 2019 | SA startup FlexClub closes $1.2m round led by CRE Venture Capital [Updated] | Joburg-based startup FlexClub, which links investors and drivers to cars for ride-hailing services, has landed $1.2-million in investment in a round led by CRE Venture Capital.
SA angel investor and former banker Michael Jordaan, through hi... |
| Jan 23, 2019 | Andela secures $100m Series-D round led by Generation Investment Management | Andela — a New York-based company that identifies, develops and outsources talented African software developers — has secured a $100-million Series-D funding round led by London-based private equity firm Generation Investment Management.
A... |
| Jan 23, 2019 | Andela secures $100m Series-D round led by Generation Investment Management | Andela — a New York-based company that identifies, develops and outsources talented African software developers — has secured a $100-million Series-D funding round led by London-based private equity firm Generation Investment Management.
An... |
| Dec 30, 2018 | African Fintech is still the preferred sector for global VCs to invest in | Share this:
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| Oct 17, 2018 | US-based Nigerian fintech Flutterwave closes $10m Series-A extension round | US-based Nigerian fintech startup Flutterwave has closed a $10-million Series-A extension round bringing the total amount the startup has raised since its launch two years ago, to just over $20-million.
In a statement on the company’s webs... |
| Oct 17, 2018 | US-based Nigerian fintech Flutterwave closes $10m Series-A extension round | US-based Nigerian fintech startup Flutterwave has closed a $10-million Series-A extension round bringing the total amount the startup has raised since its launch two years ago, to just over $20-million.
In a statement on the company’s websi... |
| Oct 10, 2017 | Andela raises $40m Series C from Omobola Johnson’s TLcom and 4 other new investors | Share this article:
UPDATE [January 23, 2019]: Andela raises $100m in Series D round led by former US VP’s investment firm
Just in. Andela has raised Series C funding to further scale its talent accelerator platform. The below text is extra... |
| Oct 10, 2017 | Spark Capital Joins $40M Series C for Andela | Andela, the company that builds high-performing engineering teams with Africa's most talented software developers, today announced that the company has secured $40M in Series C funding. The investment was led by pan-African venture firm CRE... |
| Oct 10, 2017 | BREAKING: Andela raises $40m from CRE VC, DBL, Salesforce, TLcom, others in Series C round | TechCabal has been reliably informed that Andela has raised $40m from investors like CRE VC, Salesforce Ventures, DBL Partners, etc, to fund an aggressive expansion across Africa. This round brings their total amount raised to about $80m.
W... |
| Oct 10, 2017 | Andela Raises $40M To Connect Africa’s Engineering Talent Globally | Share this:
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| Apr 28, 2016 | 5 Nigerians among Forbes 30 most promising young African entrepreneurs for 2016 | Share this article:
Every year since 2011, Mfonobong Nsehe has identified the most exceptional young African entrepreneurs below the age of 35. Last year, we shared with you the 6 Nigerians that made the Forbes 30 under 30 CEO.
This time ou... |
