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Grindstone Ventures Launches $6.5 Million VC Fund for South Africa Tech SME Development
Grindstone Ventures has launched a $6.5 million fund dedicated to seed funding predominantly South African innovative technology startups who have completed, or are part of, its Grindstone Accelerator programme.
- Categories
- Investing
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South Africa API Fintech Stitch Expands to Nigeria; Extends Seed Round to $6 Million
South African API fintech startup Stitch has extended its seed round to US$6 million from the US$4 million announced earlier in the year, and at the same time confirmed its expansion into Nigeria.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Social Impact Capital Closes $42 Million To Invest in the ‘Best Ideas in Impact’
Woman-led social impact venture capital firm, which has already invested in two 'impact unicorns,' is supported by some of the most celebrated LPs in the industry
- Categories
- Investing
- Region
- Global
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Sendbox Raises $1.8 Million Seed to Digitise Deliveries for African SMEs
Sendbox, the Nigerian startup digitising deliveries for e-commerce and social commerce sellers in Africa, has closed a $1.8 million seed round to expand into more African markets, scale its product offerings and hire more talents.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, scale, startups
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DeHaat Raises $115 Million in the Largest Agritech Round in India
DeHaat, an online platform that offers full-stack agricultural services to farmers in India, has raised $115 million in what is the largest funding round for an agritech startup in India.
- Categories
- Agriculture, Technology
- Region
- Asia Pacific
- Tags
- startups
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Nigerian Start-Ups Digitise Local Food Supply Chain
Two firms, Vendease and Sabi, which were formed last year, have created digital marketplaces allowing wholesalers, shopkeepers, restaurateurs and hotels to buy directly from farms and manufacturers.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
- Tags
- food security, startups
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Viewpoint: How Africa Can Ride the Growing Wave of Climate Tech Investment
Investing in climate tech will be critical to countering these risks and to building adaptive and resilient economies.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
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Alsoug Raises $5 Million in First Foreign Funding Into Sudanese Tech in 30 Years
While an African country like Nigeria has recorded close to 50 investment deals this year alone, this investment round marks the first foreign venture capital investment into the Sudanese tech ecosystem.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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