Partech

Video e-learning platform for MENA, Almentor, closes $6.5M Series B led by Partech

There are more than 400 million Arabic speakers globally and that number isn’t slowing down anytime soon. Arabic, to most people, is a tough language even to those who speak it. According to Duo

Venture capital investment in Africa predicted to reach a record high this year

Investments in African startups keep growing at a healthy pace ever since reports started keeping count in 2015. That year, publications Disrupt Africa and Partech released independently researched an

After its first $54M fund, Algebra Ventures launches $90M fund for startups in Egypt

The venture capital scene in the North African tech ecosystem will be absolutely buzzing right now with the announcement of two large VC funds in the space of two days. Today, Algebra Ventures, an Egy

Uganda’s Tugende closes $3.6M Series A extension to meet the demand for its asset finance products

Ugandan technology-enabled asset finance company Tugende today announced that it has closed $3.6 million in a Series A extension round. The investment, which, according to the company, was agreed on a

Digitail, an app for vets and their customers, raises $2.5M seed round led by byFounders

Digitail, a cloud service for veterinary surgeries and customers, has raised $2.5 million in a seed round led by byFounders and Gradient Ventures (Google’s AI fund), joined by Partech and a series o

Czech on-demand grocery delivery startup Rohlik bags $230M to expand across Europe

Food delivery — whether it’s ready-made orders from restaurants, meal kits or groceries — has been one of the most-used services in this last year of living under the cloud of a glob

How African startups raised investments in 2020

The venture capital scene in Africa has consistently grown, with an influx of capital from local and international investors reaching unprecedented heights in recent years. To understand how much grow

France’s Sendinblue, an all-in-one digital marketing platform, raises $160M

As more companies and brands put the internet at the core of how they run their businesses these days, it’s giving a strong push to the growth of startups that are building tools to help them. I

TradeDepot adds $10 million to add financial services to its supply chain services for African SMBs

Nigeria’s e-commerce startup TradeDepot, which connects international brands to small businesses in Africa, has raised $10 million in a new round of funding to expand its business into financial

Africa’s top angel Tomi Davies eyes startups and co-investors

When Nigerian angel investor Tomi Davies backed his first company — Strika Entertainment in 2001 — he admits he wasn’t aware of his future role. “I was just helping out friends. I didn’t kno

Novastar Ventures becomes $200M African VC fund after $108M raise

African startups have another $100 million in VC to pitch for after Novastar Ventures’ latest raise. The Nairobi and Lagos-based investment group announced it has closed $108 million in new comm

Nigeria’s Helium Health raises $10M Series A for Africa expansion

Nigerian startup Helium Health sits in a good position during a difficult period, according to its co-founder. The Lagos based healthtech venture is in the black, has batted away acquisition offers, a

How this startup built and exited to Twitter in 1,219 days

By the summer of 2016, Marie Outtier had spent eight years as a consultant advising media agencies and martech companies on marketing growth strategy. Pierre-Jean “PJ” Camillieri started as a musi

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

Africa Roundup: Trump’s Nigeria ban, Paga’s acquisition and raises, Flutterwave’s $35M and Sendy’s $20M

The first month of the new year saw Africa enter the fray of U.S. politics. The Trump administration announced last week it would halt immigration from Nigeria — Africa’s most populous nation with

Nigeria is becoming Africa’s unofficial tech capital

Africa has one of the world’s fastest growing tech markets and Nigeria is becoming its unofficial capital. The West African nation is commonly associated with negative cliches around corruption

Trump to halt immigration from Africa’s top tech hub, Nigeria

The Trump administration announced Friday it would halt immigration from Nigeria — Africa’s most populous nation with the continent’s largest economy and leading tech sector. The restric

Top VCs in Paris share their investment interests

Since the election of president Emmanuel Macron in 2017, Paris has experienced a surge of momentum as a startup hub. Investor interest had been building for years, but Macron’s government has ag

Amboss, the knowledge platform for medical professionals, scores €30M Series B

Amboss, the Berlin-based “medtech” startup that originally offered a learning app for students but has since pivoted to a knowledge platform for medical professionals, has raised €30 mil
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