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Startups

Highlights

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Lingawa raises $1.1m to teach African languages

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Regfyl secures $1.1 million in pre-seed investment to expand and develop compliance solution

Regfyl, a Nigerian startup, received $1.1 million in pre-seed funding to improve its platform, which helps businesses maintain compliance. The round of funding, which includes an investment from Rally Cap and help from Techstars, DCG, Musha Ventures, Africa Fintech Collective, and private investors, will allow the business to hire more people, mainly in engineering, sales, […]

Modupeoluwa Olalere
20

Healthtech startup secures $11M to combat maternal mortality

A renowned African healthtech business, Field, launched a route-to-market service to offer novel therapeutics to address maternal mortality, newborn and child health, and nutrition. This program will use Field’s distribution, finance, and proprietary technology. The latter now supports a network of more than 40,000 healthcare practitioners in urban and rural parts of Nigeria and Kenya. […]

Modupeoluwa Olalere
36

Kenyan startup boosts literacy and numeracy with e-learning

Ed-tech startup Esoma Solutions was founded in 2018 by Julius Irungu, Kelvin Kung’u, and Esborn Waithuki. It offers e-learning solutions for K-12 learners, with its flagship product, Esoma Kids, providing online foundational literacy and numeracy tools. Initially, Esoma Solutions launched Esoma-KE, an exam preparation platform for children aged 4-10. Over time, the company has broadened […]

Staff Writer
16

Apply for Lagos Innovates free Workspace Voucher to boost your tech startup journey 

Early-stage tech startups in Lagos have a unique opportunity to accelerate their growth through the Lagos Innovates Workspace Voucher programme, which is now open for applications. This initiative is designed to support promising startups by providing access to state-of-the-art workspaces at significantly reduced costs, enabling founders to focus on innovation and business development without the […]

Ibukunoluwa Josephine Bankole
36

Chpter secures $1.2M to fuel Kenyan e-commerce growth

Chpter, a Kenyan e-commerce startup, has secured $1.2M in pre-seed funding. The Marketforce co-founders’ new venture is levelling its tech stack and expanding into Egypt and Nigeria, preparing for a digital commerce boom. Chpter, launched in 2022 by some visionary founders (Tesh Mbaabu, Mesongo Sibuti, Kuria Kelvin, and Mark Kiarie), is transforming the social media […]

Staff Writer
36

SA fintech startup Omnisient secures $7.5M for global growth

South African startup Omnisient, a pioneering “privacy-by-design” company, has secured US$7.5 million in Series A funding. This significant investment will propel the company’s expansion across Africa, enabling Omnisient to tap into new markets and further develop its innovative privacy-focused solutions. With this fresh capital injection, Omnisient is poised to accelerate its growth trajectory, build on […]

Staff Writer
16

Ghana’s PayBox launches Buddy app to revolutionise AI-powered payments in Africa

PayBox, a Ghanaian fintech startup, has launched its mobile app, Buddy AI. The company’s new mobile application leverages blockchain technology and artificial intelligence (AI) to transform financial transfers and cross-border payments, particularly for small and medium-sized enterprises (SMEs). PayBox’s mobile app is more than just a financial tool; it’s an innovation hub that enhances investment […]

Ibukunoluwa Josephine Bankole
36

Tekedia Capital invests in Edtech startup Quizac, revitalizing its gamified learning platform

In an unexpected move, Tekedia Capital has bought Quizac, an edtech startup scheduled to close this month. Either party did not disclose the acquisition cost. Tade Samson said quick purchase talks led to a transaction in just a week. Founded in 2019 by Tade Samson, Tobi Awogbemi, Hussein Alayo, and Babatunde Caleb, Quizac provides gamified […]

Staff Writer
20

Workpay raises $5M to upgrade HR and payroll solutions in Africa

Workpay, a Kenyan HR and payroll startup, raised $5 million in a series A funding round led by Norrsken22, a pan-African venture capital company. Global payments giant Visa also participated in the round. The round included current investors Y Combinator, Saviu Ventures, Axian, Plug & Play, Verod-Kepple Africa Ventures, and Acadian Ventures. With this investment, […]

Modupeoluwa Olalere
20

Nigerian startup Chao transforms campus deliveries

Chao, a Nigerian startup, helps students quickly and reliably order food, groceries, and medicine delivery to campuses. The company aims to make essential services more accessible by letting people order them online and delivering them quickly. Gift Akobundu, the company’s founder, a student at the time, struggled to find food after long days at school […]

Modupeoluwa Olalere
20

Kenyan startups BuuPass and mTek improve travel insurance

To enhance clients’ travel experiences, Kenyan startups BuuPass, a transportation platform, and mTek, a prominent digital insurance company, have created a strategic relationship. The partnership aims to incorporate complete trip insurance into the booking process. Revolutionizing Travel: BuuPass and mTek Unite BuuPass, founded in 2016 by Sonia Kabra and Wyclife Omondi, is a pioneering B2B2C […]

Modupeoluwa Olalere
20

Nigerian startup Sendsprint acquires US’s Nobel Financial

Sendsprint, a Nigerian fintech startup, has revealed that it has bought Nobel Financial, a US-based global money transfer service. With this purchase, Sendsprint will be able to offer more services and reach more people in the United States. Sendsprint will also be able to support money transfers and gifting from customers in 16 US states, […]

Modupeoluwa Olalere
20

Seven South African Tech startups join forces for Irish Tech Challenge

The Irish Tech Challenge South Africa 2024 has selected seven local tech start-ups. Now in its third year, the collaboration is designed to establish mutually beneficial partnerships between South African entrepreneurs and Irish technology expertise by capitalising on Ireland’s global tech centre status. More than 350 entries from South African-owned, growth-stage tech start-ups dedicated to […]

Modupeoluwa Olalere
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