MaC Venture Capital

Shekel Mobility, a B2B marketplace for auto dealers in Africa, raises $7M led by Ventures Platform and MaC VC

The World Economic Forum states that Africa has an average annual demand for 2.4 million cars and 300,000 commercial vehicles. This demand is increasing because of a continent-wide increase in disposa

Swsh’s new app helps you maintain your friendships through polls and games

Ever since BeReal became popular among Gen Zers, giving them a platform to be their true selves rather than scrolling through heavily edited content, there’s been a rise in social apps that cater to

Founded by actors, Mansa brings its free streaming service for global Black culture out of stealth

Mansa, a free ad-supported streaming service and content aggregator that offers a curated selection of Black cultural content, launched out of stealth today. Mansa offers a wide variety of content, fr

Archetype wants to help developers build a metered API billing solution

When developers are building software with API access, they need to figure out how to bill users fairly for hitting the API gateway. A flat fee probably wouldn’t cover the heavy users and would be u

Three months ago, he was laid off from Twitter. Now, his competing app Spill is funded.

“I can’t explain it. It’s weird,” Alphonzo “Phonz” Terrell said. After losing his job at Twitter when Elon Musk took over, the former global head of Social & Ed

Blaze makes coding more accessible with AI-driven, no code app builder

There are lots of people out there with their finger on the pulse of the business, who have ideas on how to build useful apps, but lack basic coding skills and the ability to put their ideas to work.

Nigerian data and intelligence company Stears raises $3.3M, backed by Mac VC and Serena Ventures

While studying at the London School of Economics and the University of Oxford, a group of graduates noticed how difficult it was to get data and information on Africa’s largest economy and their hom

Nigerian proptech Spleet gets $2.6M led by MaC VC to scale its property management products

For the average individual living in Lagos — Nigeria’s most populous city, with over 20 million people — apartment hunting is an extreme sport. Not only is rent expensive — low- to

MEDU takes in $4M to develop reusable personal protective equipment

MEDU aims to reduce hospital garment waste and replace single-wear items with its line of sustainable, virus-resistant reusable pieces.

Bolt founder Ryan Breslow isn’t going away

Ryan Breslow has had a tumultuous 2022. It’s not slowing him down. Few outside of Breslow’s world even knew his name a year ago. Then Bolt, a “one-click” checkout tech company that evo

Identitypass, an identity verification API for Africa, raises $2.8M seed funding

  Mobile penetration in Africa is growing impressively at about 46% as more people come online for the very first time. In turn, this has increased the market opportunity for startups, especially

Edge Delta rakes in $63M for its distributed approach to data observability

Databases are growing at an exponential rate these days, and so when it comes to real-time data observability, organizations are often fighting a losing battle if they try to run analytics or any obse

Boom & Bucket scoops up investment to put second-hand machinery sales back on track

If you’re selling a second-hand HD-DVD player or you want to sell your car, there are plenty of Web 2.0-empowered solutions that can help you out. Life is slightly different if you are trying to

Big Cabal Media, parent company of TechCabal and Zikoko, raises $2.3M seed funding

African startups raised between $4 billion to $5 billion in 2021, according to various reports. For years, tech publications run by local digital media startups have worked hard behind the scenes in p

Pareto thinks it shouldn’t be so hard to collect lead-generation data

Pareto’s team of data experts offer actionable insights on everything from TikTok influencers to qualifying B2B sales leads.

Epsilon3 lines up $2.8M seed round to modernize space and launch operations

You’ve got a hundred-million-dollar mission — why are you using software built in the ’90s to design and launch it? That’s the question being asked by many new space companies, and

Starfish Space raises $7M for in-orbit servicing space tug

Satellite servicing company Starfish Space has closed $7 million in funding to accelerate the development of a space tug vehicle that can extend the life of spacecraft and get rid of orbital debris. S

Investors don’t expect the US startup funding market to slow down

What’s driving the venture capital market in the United States to be as hot as it has proven to be? FOMO, plus the constituent belief that trying to time the market is a mistake.

Extra Crunch roundup: Unpacking BuzzFeed’s SPAC, curb your meeting enthusiasm, more

There's a kernel of truth in every joke, so whenever someone quips, "This meeting could have been an email!" you can bet that some small part of them meant it sincerely.

Edge Delta raises $15M Series A to take on Splunk

Seattle-based Edge Delta, a startup that is building a modern distributed monitoring stack that is competing directly with industry heavyweights like Splunk, New Relic and Datadog, today announced tha
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