#venture

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…

SIDEUP has raised US$1.2 million in seed funding from regional and global investors to help it expand into Saudi Arabia. Its US$1.2 million seed round saw participation from leading global and regional investors, including Launch Africa…

Stable Foods has raised USD$600,000 in funding to build out its climate-smart smallholder food production system. The US$600,000 funding comes from Acumen Resilient Agriculture Fund (ARAF) and Mercy Corps Ventures and will be used to scale…

Algebra Ventures has finalized a US$100 million first close of its second Egypt-dedicated fund, exceeding its US$90 million target. The firm has backed startups including Trella, Khazna, Mozare3, Shift EV, elmenus, Halan and Yodawy.…

Jobop, has closed a US$1 million seed round of funding to scale its “Workforce-as-a-Service” marketplace. The company has seen growth of over 80 per cent on a quarterly basis, and has now announced it has raised US$1 million in a seed…

Grindstone Ventures has launched a ZAR100 million (US$6.5 million) fund dedicated to predominantly funding startups that have completed, or are part of, the Grindstone Accelerator programme. An equity-free structured entrepreneurship…

Lemonade Finance says it has raised a US$725,000 pre-seed funding round to help it scale. The Y Combinator-backed Nigerian fintech startup in a move to scale its operations has now raised US$725,000 in pre-seed funding. Alongside Y…

Tunisian last mile delivery startup Lamma has secured an undisclosed investment from Orange Ventures to fuel its international expansion. Lamma recently launched its q-commerce – “quick commerce” – app, offering delivery services in less…