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Report: African Startups Raised $217 Million in February 2024
From a sector point of view, Logistics & Transport represented nearly half of all the funding, thanks to Moove, followed by Healthcare, Fintech, and Energy.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Press Release: Ten US Startups Selected for Social Innovation for Resilient Future Accelerator
Through workshops, mentorship, and catalytic capital, the accelerator program will help the startups develop the necessary networks and tools to scale their impact.
- Categories
- Social Enterprise
- Region
- North America
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Brazilian Fintech CloudWalk Reports $320.5 Million in Revenue and $22.3 Million in Profits in 2023 as it Prepares for U.S. Launch
Brazilian fintech pioneer and creator of the InfinitePay brand, today announced that it achieved total revenue of $320.5 million in 2023, a 41% increase year-over-year.
- Categories
- Finance, Technology
- Region
- Latin America
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Shadowfax Confirms $100 Million Round to Fuel Instant Delivery Push
Shadowfax is one of the largest logistics service providers to hyper-local and on-demand delivery businesses in India.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Ox Delivers Shifts up a Gear with £1.2 Million Energy Catalyst Grant for Clean Transport in Africa
The grant will specifically support the development of a sustainable energy infrastructure in Rwanda.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
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Partech Closes Its Second Africa Fund at $300 Million+ to Invest from Seed to Series C
Amid a backdrop of global VCs and institutional investors pulling back from Africa, Partech Africa’s recent fund closure is significant.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Catalyst Fund Invests $1.8 Million in Nine African Climate Startups
Notable investors include FSD Africa, FSDAi, Cisco Foundation, USAID Prosper Africa, and Andrew Bredenkamp.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
- Tags
- climate change, startups
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Ghanaian Talent Startup Remoteli Raises £250,000 from Footballer Jeremie Frimpong
Remoteli is a Ghana-based tech talent startup that connects African tech talents with remote workplace services.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- employment, startups