#startup

TIBU Health has raised an undisclosed amount of pre-Series A funding to allow it to strengthen its solutions dedicated to chronic diseases and improve its virtual care platform. According to the company, it has adopted the latest, most…

Envisionit Deep AI has raised US$1.65 million in funding to unlock its next growth phase, as it aims to address critical shortages in the African and emerging market healthcare sector and democratize access to diagnostic imaging using…

Planet42 has raised US$100 million in combined equity and debt funding to help it accelerate its expansion. The US$15 million equity round was co-led by Naspers and ARS Holdings, with participation from existing and new shareholders,…

Famasi has raised a pre-seed round of funding. The pre-seed round was led by Microtraction with participation from Ore Ogundipe, GetEquity SPV, Isaac Ewaleifoh, Ibrahim Bello, Ayobami Olufadeji, Yusuf Abdulmalik, Adeline Okoh, Echezona…

Chari has raised US$1 million from Orange Ventures as part of its latest funding round. The startup allows traditional proximity store owners in Morocco to order products and have them delivered. The platform has onboarded over 20,000 food…

Sendy is terminating its on-the-ground operations in Nigeria to “find the right product for the market.” According to Sendy, this means that we will continue to connect sellers to logistics providers but will no longer consign their…

Carry1st has announced the raise of $27 million in a pre-Series B round today. It is the 6th funding round the startup has had since its inception in 2018, bringing its total funding to $57 million. According to reports, the funding…

Kwara has raised a US$3 million seed extension round that takes the company’s total funding to US$7 million. Investors in Kwara’s latest round of funding include existing backers DOB Equity, Globivest and the founder of Kobalt Music. New…

Cairo Angels have rebranded as the acasia group to better reflect its new strategy, which also incorporates later-stage and pan-African investments. It embarked on a new strategy with its Cairo Angels Syndicate Fund, which invests at…

Zenith Bank has launched a pitch competition aimed at startups with tech-enabled, scalable solutions designed to innovate businesses from different industries. The Zenith Bank Pitching Competition is a collaboration between Zenith Bank…