partech ventures

Norrsken, VCs and 30 unicorn founders set up $200M fund to back growth-stage startups in Africa

Niklas Adalberth’s Norrsken Foundation is in the news again barely two months after opening its Norrsken House in Kigali, Rwanda, which plans to accommodate thousands of entrepreneurs by next year.

Brandwatch is acquired by Cision for $450M, creating a PR, marketing and social listening giant

Online consumer intelligence and social media listening platform Brandwatch has been acquired by Cision, best known for its media monitoring and media contact database services, for $450 million, in a

Pennylane raises $18.4 million for its accounting service

French startup Pennylane has raised $18.4 million (€15 million) for its accounting service that combines automated processes with human accountants. Existing investors Global Founders Capital and Pa

Partech raises $100M seed fund

VC firm Partech has raised a new fund focused on seed investments. Named Partech Entrepreneur III, it is the third seed fund from the VC firm. Partech announced the final closing of its previous seed

Did African startups raise $496M, $1B or $2B in 2019?

Five years ago, it was hard to come by any formal numbers for annual VC investment in Africa. These days the challenge is choosing which number to follow. That’s the case with three venture fund

These specialized Africa VC funds are welcoming co-investors

For global venture capitalists still on the fence about entering Africa, a first move could be co-investing with a proven fund that’s already working in the region. Africa’s startup scene

TLcom Capital closes $71M Africa fund with plans to back 12 startups

VC firm TLcom Capital has closed its Tide Africa Fund at $71 million with plans to make up to 12 startup investments over the next 18 months. The group —  with offices in London, Lagos, and Nairobi

UK deep tech VC IQ Capital launches new $125M growth fund, closes third VC fund at $175M

IQ Capital, a U.K.-based deep tech fund that has invested in startups such as Paragraf, Senseye and Funderbeam, has launched a new $125 million Growth Opportunities Fund and closed its third venture f

Diving deep into Africa’s blossoming tech scene

Jumia may be the first startup you’ve heard of from Africa. But the e-commerce venture that recently listed on the NYSE is definitely not the first or last word in African tech. The continent has an

SeaBubbles shows off its ‘flying’ all-electric boat in Miami

We were promised flying cars but, as it turns out, flying boats were easier to build. SeaBubbles, a “flying” boat startup that uses electric power instead of gas, hit Miami this weekend to

BeliMobilGue raises $10M for its used-car sales platform in Indonesia

BeliMobilGue, a used car sales platform in Indonesia, has fueled up with a $10 million Series round for the race to dominate the automotive market in Southeast Asia’s largest economy. The compan

Partech is doubling the size of its African venture fund to $143 million

The Partech Africa Fund plans to make 20 to 25 investments across roughly 10 countries over the next several years.

Local venture capital fund formation is on the rise in Africa, led by Nigeria

Jake Bright Contributor Share on X Jake Bright is a writer, author and advisor with a focus on global business, politics, and technology. From 2017 to 2020, he was a contributing writer and advisor at

Breaking down France’s new $76M Africa startup fund

Weeks after French President Emmanuel Macron unveiled a $76 million African startup fund at VivaTech 2018, TechCrunch paid a visit to the French Development Agency to get more details on how le n

Streamroot raises $3.2 million for its peer-to-peer video delivery technology

French startup Streamroot just raised $3.2 million from Partech Ventures, Techstars Venture Capital Fund, Verizon Ventures* and R/GA. The company is taking advantage of WebRTC to make video streaming

Privitar raises $16M to help ensure privacy in big data analytics

As data protection — a set of laws and practices created across different markets to ensure that our sensitive information does not get leaked or shared without our permission — continues

Partech Ventures raises $450 million fund

Partech Ventures has raised so many funds over the past couple of years that it’s hard to keep track of all of them. This time, the VC firm is closing the fundraising of Partech International Ventur

Rinse raises $14M in Series B funding to bring its laundry pick-up nationwide

Rinse, the San Francisco-based dry cleaning and laundry delivery service, has closed a $14M Series B round of funding. This comes after a $6M Series A last year, meaning the startup has now raised abo

Korea’s top financial services startup lands $48M from PayPal and others

Viva Republica, the company behind Korean financial services app Toss, has closed a $48 million Series C funding round that includes a strategic investment from payment giant PayPal. The deal is PayPa

Partech Ventures closes its $107 million seed fund

French VC firm Partech Ventures announced that they closed their seed fund of $107 million (€100 million) for early stage startups. Partech Entrepreneur II is focusing on seed rounds, and the firm p
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