March 28, 2024

Web and Technology News

CarePoint raises $10M to spread healthcare tech across Africa

CarePoint, a technology-driven healthcare startup, has raised $10 million bridge round to accelerate its growth across Africa, as it seeks to make healthcare accessible to the masses. The startup recently entered Egypt, its fourth market in Africa, after Kenya, Nigeria and Ghana. It is now eyeing North and East Africa, to continue its growth which […]

The 25 crypto startups that Y Combinator is backing in its W22 batch

Crypto was big at YC this batch. Y Combinator Demo Days returned yet again with another ballooning heap of startups. In the old days, a gaggle of TechCrunch reporters would go to the Demo Day in person, write up the presentations of each startup and hobnob with VCs during the breaks, but in a post-pandemic […]

The 25 crypto startups that Y Combinator is backing in its W22 batch

Crypto was big at YC this batch. Y Combinator Demo Days returned yet again with another ballooning heap of startups. In the old days, a gaggle of TechCrunch reporters would go to the Demo Day in person, write up the presentations of each startup and hobnob with VCs during the breaks, but in a post-pandemic […]

Kenya-based agritech Apollo raises $40 million in Softbank-led round, joined by Chan Zuckerberg Initiative, CDC

Kenya-based agritech Apollo Agriculture, which helps farmers access high-quality farm inputs, financing and markets, plans to double the number of farmers it is serving by the end 2022 and to introduce other products that deliver more value per acre of land. This is after raising $40 million in Series B funding in a round led […]

Antler East Africa closes $13.5M fund to invest in early-stage startups

Antler East Africa, the Nairobi office of VC firm and venture builder Antler, has closed a $13.5 million fund to invest in early-stage tech startups in the region. The oversubscribed round — Antler intended to raise $10 million but ended up with an extra $3.5 million — has LPs that include Baillie Gifford, a well-known […]

Antler East Africa closes $13.5M fund to invest in early-stage startups

Antler East Africa, the Nairobi office of VC firm and venture builder Antler, has closed a $13.5 million fund to invest in early-stage tech startups in the region. The oversubscribed round — Antler intended to raise $10 million but ended up with an extra $3.5 million — has LPs that include Baillie Gifford, a well-known […]

Sudan’s first YC-backed startup is helping consumers protect and grow their wealth

Anglophone East Africa is home to over 400 million people, with half under 25. The region happens to be one of the fastest-growing globally; nevertheless, over 200 million people in East Africa do not have access to a bank account or mobile money. But for those who do they risk facing inflation, a regional issue […]

M-KOPA raises $75M as it clocks 2 million customers across four African markets

A 2019 World Bank report says 85% of Africans live on less than $5.50 per day. A large percentage of these adults are unbanked and underbanked; thus, they don’t have access to credit and also can’t afford important purchases outright. M-KOPA’s financing platform has proved helpful to this set of users since launching as an […]

M-KOPA raises $75M as it clocks 2 million customers across four African markets

A 2019 World Bank report says 85% of Africans live on less than $5.50 per day. A large percentage of these adults are unbanked and underbanked; thus, they don’t have access to credit and also can’t afford important purchases outright. M-KOPA’s financing platform has proved helpful to this set of users since launching as an […]

MoneyHash gets $3M to build a super-API for payment operations in Africa, Mideast

Large merchants, particularly those that operate in more than one geography, have to support an array of payments methods. Each payment integration requires in-house technical work and the remodeling of one’s platform to fit their plugins.  It’s an extensive process that has seen some Big Tech companies build dedicated teams to manage different connections, data […]

MoneyHash gets $3M to build a super-API for payment operations in Africa, Mideast

Large merchants, particularly those that operate in more than one geography, have to support an array of payments methods. Each payment integration requires in-house technical work and the remodeling of one’s platform to fit their plugins.  It’s an extensive process that has seen some Big Tech companies build dedicated teams to manage different connections, data […]