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Drone Startup Garuda Aerospace raises $22 million funding in Series A Round
The funds will be utilised to scale up and expand the company’s operations. A part of the funds will be used for R&D thus accelerating the development of building advanced drone solutions.
- Categories
- Agriculture, Investing
- Region
- Asia Pacific
- Tags
- innovation, startups
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Egyptian Health Tech Yodawy Raises $16 Million, Backed by Delivery Hero Ventures
Yodawy’s platform allows insurance companies and hospitals to automate approvals, save costs and improve customer experience.
- Categories
- Health Care
- Region
- North Africa & Near East
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Avaana Capital Hits First Close of $150-Million Climate and Sustainability Fund
Avaana Climate and Sustainability Fund invests in thematic areas of energy and resource management, mobility and supply chains, and sustainable agriculture and food systems.
- Categories
- Agriculture, Transportation
- Region
- Asia Pacific
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Nigerian Clean Tech Startup, SunFi, Raises $2.325 Million in Seed Funding
SunFi is an energy financial technology platform that connects people who want solar to payment plans that match their needs.
- Categories
- Energy, Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, solar, startups
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$2 Million-Backed Ouranos Lab Launches to Develop Innovative Enterprise Solutions Out of Africa
Ouranos Lab is a venture studio focused on building the products and solutions that will power the future of enterprise technology in Africa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Avanse Financial Bags $98.3 Million Funding From Kedaara Capital
Avanse will use the funds to expand its presence and offer more credit to Indian students.
- Region
- Asia Pacific
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Why International DFIs Are Looking To African Startups to Scale Impact Investing Efforts
British International Investment (BII), a DFI from the UK, told TechCrunch recently that it will deploy $500 million into startups by the end of 2026.
- Categories
- Investing
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Madagascar Solar Firm Secures Funding to Connect 50,000 Households
Off-grid solar power, spearheaded by a variety of start-ups, has gained in popularity in Africa.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- housing, renewable energy, solar, startups
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