| Date | Title | Description |
| 30.04.2026 | Logistics start-up Shiprazor pulls in R44-million seed round | Cape Town-based e-commerce logistics start-up Shiprazor has raised US$2.65-million (about R44.6-million) in a seed round led by pan-African venture capital firm Norrsken22, taking its total funding to $3.3-million.
AAIC, E4E and Tremis Capi... |
| 17.04.2026 | Lua: $5.8 Million Seed Round Raised To Build Operating System For Human And AI Agent Collaboration | Lua announced it has raised $5.8 million in seed funding to develop an operating system designed for collaboration between human teams and AI agents in the workplace. The round was led by Norrsken22, with participation from Flourish Venture... |
| 16.04.2026 | Lua Raises $5.8M in Funding | Lua, a London, UK-based operating system for human agent collaboration in the workspace, raised $5.8M in funding.
The round was led by Norrsken22. Additional investors included Flourish Ventures, 20VC, P1 Ventures, Phosphor Capital and Y Co... |
| 16.03.2026 | To expand real-time fraud intelligence, SA’s Orca Fraud raises $2.35 M Seed funding | In an oversubscribed seed round, South African startup Orca Fraud, a real-time fraud intelligence platform, raised US $2.35 million to expand its fraud intelligence and transaction monitoring capabilities throughout Africa and other emergin... |
| 08.09.2025 | Raenest unveils Raenest Exchange 2025: The tech conference shaping Africa’s digital future | Raenest, a global fintech company in Africa, is hosting its flagship event, Raenest Exchange 2025, on October 9 in Lagos, Nigeria which will bring together global thinkers, from founders and freelancers to investors and creators, to define ... |
| 23.07.2025 | Top 12 logistics and mobility startup raises of H1 2025 | In the first half of 2025, Africa’s broader tech ecosystem saw deal flows—including fundraises, acquisitions, and exits—hit $1.4 billion, per Africa: The Big Deal. This marks a 78% surge over H1 2024. Of these deals, logistics and mobility ... |
| 17.04.2025 | To strengthen its enterprise payments infrastructure offering, Stitch raised $55 M Series B funding | In order to strengthen its online payments suite, enter the acquisition market, and deepen and expand its in-person payments offering, South Africa-based payments infrastructure startup Stitch has announced a US $55 million Series B round o... |
| 15.04.2025 | South Africa’s payments startup Stitch raises $55 million Series B funding | Stitch, a South Africa-based payments infrastructure startup founded in 2021, has raised $55 million in a Series B round, bringing its total funding to $107 million within just four years of operation. The funding is aimed at expanding its ... |
| 15.04.2025 | Payments Firm Stitch Raises $55 Million in Funding Round led by QED | Listen to this article
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Stich, a Fintech payments venture based in South Africa, has raised $55 million in a Series B funding round led by QED Investors.
Other investors include Flourish Ventures, Norrsken22, and G... |
| 17.02.2025 | Top social e-commerce platform Taager raised $6.75 M Pre-series B funding | The $6.75 million pre-Series B funding round for Taager, the top social e-commerce platform in the MENA region, was completed. Norrsken22, an Africa-focused tech growth fund, led the round.The company will be able to support its expansion i... |
| 14.02.2025 | “Success speaks louder than stereotypes”–Norrsken22’s Lexi Novitske and Precious John-Adeyemi on bridging funding gap for female founders | Scaling a startup requires capital to invest in technology, hire talent, and achieve product-market fit. Many entrepreneurs rely on investors to fund this vision, but female founders find it more difficult to secure capital compared to men ... |
| 23.12.2024 | Singapore’s Tyme raised $250 M Series D funding from Nubank | The Singapore-based multi-country digital banking group Tyme Group revealed that it had raised $250 million in a Series D funding round, with Brazilian neobank Nubank serving as the lead.
In a statement, Tyme stated that Nubank had strategi... |
| 20.12.2024 | TymeBank’s big growth plans: Q&A with CEO Karl Westvig | Karl Westvig
TymeBank parent, the Patrice Motsepe-controlled Tyme Group, earlier this week announced it had raised US$250-million in a new funding round, turning it into a “unicorn” with a valuation of $1.5-billion, or about R27.5-billion.
... |
| 18.12.2024 | TymeBank's Rise: A Digital Banking Unicorn in the Making | In the bustling world of fintech, TymeBank stands out like a lighthouse in a storm. This digital bank, under the umbrella of Tyme Group, has recently secured a whopping $250 million in funding, catapulting its valuation to $1.5 billion. The... |
| 17.12.2024 | TymeBank parent valued at $1.5-billion in latest fundraise | Tyme Group CEO Coenraad Jonker
Tyme Group, a digital bank controlled by South African billionaire Patrice Motsepe, raised US$250-million in a funding round that made it one of Africa’s few unicorns.
The bank is valued at $1.5-billion (R27-b... |
| 17.12.2024 | Deals in brief: Alibaba to divest Intime, Tyme Group achieves unicorn status with Nubank-led Series D round, EQT finalizes PropertyGuru acquisition, and more | Alibaba to divest Intime as part of business restructuring
Chinese e-commerce giant Alibaba Group has announced the sale of its department store unit, Intime Retail, to a consortium co-led by Youngor Fashion and Intime’s management team for... |
| 30.08.2024 | Workpay, a Kenyan cloud-based HR platform, has raised $5 million in Series A funding | Workpay, an Africa-focused cloud-based HR, payroll, and benefits platform, has secured $5 million in a Series A round, with Norrsken22 as the lead investor.
Visa, Y Combinator, Saviu Ventures, Axian, Plug n Play, Verod-Kepple Africa Venture... |
| 28.08.2024 | Workpay's $5M Series A: A New Dawn for HR and Payroll in Africa | In the heart of Africa, a revolution is brewing. Workpay, a Nairobi-based startup, has secured $5 million in Series A funding. This investment is not just a financial boost; it’s a lifeline for small and medium businesses (SMBs) grappling w... |
| 22.08.2024 | Workpay Raises $5M in Series A Funding | Workpay, a Nairobi, Kenya-based provider of a cloud-based HR, payroll and benefits platform for organisations with employees across Africa, raised $5M in Series A funding.
The round was led by Norrsken22, with participation from Visa, Y Com... |
| 08.07.2024 | Weekly economic index: MTN Nigeria’s ₦137 billion loss, Botswana’s first satellite and Nigeria to host new Africa Energy Bank. | Here are three big stories from Africa’s business and policy landscape you (probably) didn’t miss but should keep in mind this week: MTN Nigeria Reports ₦137 Billion Loss in 2023 Despite Increased Investment
MTN Nigeria, the country’s leadi... |
| 29.04.2024 | Norrsken22 bets on Africa’s fintech boom | Lexi Novitske
Africa’s technology and start-up firms are becoming too attractive for international investors to ignore, according to a partner at a fund focused on investments on the continent.
“We’re already seeing some investors, especial... |
| 09.02.2024 | Africa-focused funds find their feet amid a downturn | In the midst of a funding downtime last year, and with conditions getting tougher for fund managers raising capital as backers (limited partners) enhanced their focus on strategy and track record, some new African and Africa-focused funds s... |
| 17.01.2024 | Singapore's Tyme Group delivers the world's fastest profitable standalone digital bank; over $215m annualised revenue | SINGAPORE, Jan. 17, 2024 /PRNewswire/ -- Singapore-based global digital banking group Tyme has achieved an annualised revenue run rate of SG $215 million in 2023, as its flagship South African operation TymeBank becomes the world's fastest ... |
| 09.11.2023 | Norrsken22’s tech growth fund raised $205 million, exceeding the target | Norrsken22, based in Kigali, has raised US$205 million, exceeding its goal of US$200 million, to close its first African tech growth fund.
One of the founders of the Swedish fintech unicorn Klarna, Niklas Adalberth established Norrsken in 2... |
| 06.11.2023 | Weekly economic index: the naira’s rebound, Rwanda’s open borders and a billionaires’ feud | Here are the three most notable events from last week in Africa’s business landscape that you probably missed: The naira had its best week this year
On Friday, the naira strengthened against the dollar at the crypto trading markets. Quotes ... |
| 03.11.2023 | Backed by 30+ unicorn founders and institutions, Norrsken22 raises $205 million to back high-growth companies in Africa | Norrsken22, an Africa-focused venture capital firm, has reached final close at $205 million—$5 million more than its goal—to back African startups that are ready to scale, otherwise called growth-stage startups.
First launched in January 20... |
| 02.11.2023 | Norrsken22’s debut fund closes at $205M to back growth-stage startups in Africa | It’s exciting times for growth-stage investment in Africa as Norrsken22, a Pan-African venture capital firm, achieves the final close of its debut fund, raising a total of $205 million, surpassing its initial target. This also highlights a ... |
| 24.10.2023 | In the wake of Dash’s closure due to fraud, 5 investors talk due diligence in Africa | It’s been a tough year for tech startups globally. These struggles have manifested in layoffs, down rounds and complete shutdowns caused by current market conditions, utter mismanagement or fraud.
This August, SoftBank sued one of its portf... |
| 15.02.2023 | Leading African Identity Verification Platform, Smile Identity, Raises $20 Million in Series B Funding for Pan-African Expansion | Smile Identity, Africa’s leading KYC onboarding and identity verification platform, announces the successful completion of its Series B funding round, raising $20 million. Led by Costanoa and Norrsken22, with participation from Commerce Ven... |
| 25.02.2022 | Breaking down funding terms: what do equity, debt and hybrid financing mean? | Stop us if you’ve heard this before:
“[Insert startup name] has announced the close [insert millions of dollars in raise] of a pre-seed/seed/Series A round led by Venture Capital/Private Equity/Angel Investor firm…”
Startup funding across A... |
| 02.02.2022 | DEAL: Norrsken22 raises first $110 million of $200 million growth fund for Africa’s tech start-ups | --> -->
Norrsken22, a tech growth platform backed by an international network of tech founders has launched a $200 million fund targeted at supporting African startups.
The fund, dubbed the Norrsken22 African Tech Growth Fund has secu... |
| 31.01.2022 | R3 billion in a new fund is looking for African unicorns – with a heavy focus on South Africa | (Getty)
Founders of unicorn tech companies are shopping for the next billion-dollar contenders, in Africa.
Their fund, set up by the Norrsken Foundation, is already halfway to raising a target of some R3 billion.
The scope will be continent... |
| 31.01.2022 | Meet Norrsken22: The new €179M fund backed by 30 unicorn founders to support African tech entrepreneurs | Stockholm-based Norrsken Foundation, a non-profit organisation solving problems such as poverty, famine, environmental issues, and mental health, announced on Monday that it has launched a $200M (approx €179M) fund to back Africa’s future t... |
| 31.01.2022 | Growth fund Norrsken22 raises $200m to spur growth in African tech | |
| 30.01.2022 | Norrsken, VCs and 30 unicorn founders set up $200M fund to back growth-stage startups in Africa | Niklas Adalberth’s Norrsken Foundation is in the news again barely two months after opening its Norrsken House in Kigali, Rwanda, which plans to accommodate thousands of entrepreneurs by next year.
This time, the foundation has teamed up wi... |
| - | Norrsken to back African tech entrepreneurs with a new $200 million impact fund | Fresh off the announcement of opening a Kigali, Rwanda-based entrepreneurship hub, Stockholm's impact VC Norrsken has made the first close of a new fund that will be used specifically to support growth-stage startups hailing from Africa. Wi... |
