Startups

Crop2Cash, Bumpa, and other startups from other African Countries selected by Google for N1.23 billion Funding

Google has announced 50 African startups that will benefit from its N1.23 billion ($3 million) black founders’ fund. The search engine giant selected startups from nine African countries. Startups in Nigeria, Rwanda, South Africa, Kenya, Ghana, Cameroon, Zambia, Senegal anď Ethiopia were listed in a statement posted on Google for Startups Campus blog on Wednesday. …

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Wiz, a 1-year-old Israeli cybersecurity startup founded by engineers who sold their last company to Microsoft, is now worth $1.7 billion

No day goes by without news of startups raising new funding. But not all fundraising rounds are the same. Last year, we told you GitLab, a fully-remote startup with over 1000 employees in more than 65 countries, that is now worth more than $6 billion. What makes the story of GitLab so unique is the fact that …

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Nigerian cleantech startup, Havenhill, raises $4.6m

Nigerian cleantech startup, Havenhill Synergy Limited, has raised $4.6m from Chapel Hill Denham Nigeria Infrastructure Debt Fund (NDIF) to aid the construction of 22 smart solar mini-grids in Nigeria. Founded in 2010 by CEO Olusegun Odunaiya, Havenhill focuses on improving access to electricity in rural areas using mini-grids. The company also offers renewable energy services for businesses …

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SpineZone is the latest health tech startup to raise millions in the musculoskeletal space

SpineZone is a startup that creates personalized exercise programs and treatment for neck and back pain. The company uses an online platform and in-person clinics to deliver a curriculum that, ideally, helps patients avoid the need for prescription drugs, injections and surgeries, and providers then avoid the cost of all of the above. Co-founded by …

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Lorna Rutto

How Kenyan Successful Entrepreneur Lorna Rutto, Raised Capital for Her Business

In 2010, Lorna Rutto quit her bank job to start a waste recycling business. Lorna Rutto company, EcoPost, collects and recycles waste plastic into aesthetic, durable and environmentally-friendly fencing posts that serve as an alternative material to timber. But her business would have remained a dream without the financial support of international and local investors and NGOs. …

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Africa Tech Summit

5 Nigerian startups selected to join 7 others at the Africa Tech Summit Connects (ATS)

Five Nigerian firms have been shortlisted among the 12 African startups to pitch live at this month’s digital Africa Tech Summit Connects in Kigali, Rwanda. This is to showcase their solutions to the global audience of 500 investors, corporates, and other stakeholders. Disrupt Africa and Africa Tech Summit (ATS) disclosed it had reviewed its partnership …

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