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Luxembourg InsurTech Startup Ibisa Secures $3 Million for Climate Insurance Expansion in Africa
The funding round was led by Acumen Resilient Agriculture Fund (Araf) and Equator, with participation from Asian Development Bank Ventures (ADBV) and existing investors like Ankur Capital.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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Deals With Microsoft, Shopify and Stripe Fail to Keep Carbon Removal Startup Alive
In June, Running Tide announced plans to dissolve despite high-profile early customers.
- Region
- Europe & Eurasia
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Norfund Invests $20 Million in APIs Growth Markets Fund III to Propel Fintech Expansion in Developing Economies
Norfund aims to address the financial needs of underserved populations by broadening its investment strategy to include fintech ventures.
- Categories
- Finance, Technology
- Region
- Global
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Meta Gradually Opens the Door to Monetisation for Nigerian, Ghanaian, and Other African Creators
Content Creators in Nigeria and Ghana are now eligible to earn money on Facebook and Instagram.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- creative economy, startups, youth
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Nigerian Digital Therapy Startup Blueroomcare Secures Pre-seed Funding to Expand Access to Mental Health Care Across Africa
The Nigerian startup Blueroomcare, which offers a digital therapy service covered by insurance, has successfully secured an undisclosed amount of pre-seed investment.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Aris-Based VC Breega Hits First Close of $75 Million Africa Fund to Back Pre-seed and Seed Startups
Breega prides itself on being a founders-for-founders fund, investing across pre-seed to Series A stages.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- startups, venture capital
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Cadana Bags $7.4 Million to Streamline Payroll for Global Hiring Platforms
The round was led by Costanoa Ventures, with participation from Better Tomorrow Ventures and 500 Startups.
- Categories
- Finance
- Region
- Global
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Malaysia’s Paywatch Secures $30 Million Funding From a Mix of Equity and Credit Facilities
This is the largest funding round closed by an Malaysia-based earned-wage access (EWA) player in Southeast Asia.
- Categories
- Finance, Technology
- Region
- South Asia
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