Seed Funding Articles in Africa

ethiopia construction technology startup condigital raises pre-seed funding for regional expansion

Ethiopia construction-tech startup ConDigital , has raised an undisclosed pre-seed funding round that will see it cement its presence domestically as it expands outwards in East Africa. ConDigital was launched in January 2019 by digitizing the process of construction project management targeting consultants, contractors, and their owners. Back in 2019, ConDigital raised a US$25,000 funding round led by The Baobab Network and is now accepted to the accelerator programme. Disrupt Afric

article : Startups
nigerian-led legaltech startup definely raises $3m seed funding

Definely a London-based legaltech operating in Nigeria has raised $3 million in pre-seed funding. The startup employs Artificial Intelligence (AI) to simplify drafting, reading, and understanding contracts. The round was jointly led by Microsoft's venture fund, M12 , and CRE Venture Capital . This investment round will go into speeding product development, expanding world-class teams, and drive further expansion into markets beyond the United Kingdom. Technext.ng reports a 500% Year-

article : Startups
ethiopia's viable solutions raises $200k in pre-seed funding

Viable Solutions , the Ethiopian firm behind EPhone a super dialer software raised $200K pre-seed funding that has valued the company at $1.9 million. The round was led by Middle Eastern angel investor Ahmed Al Alola , and the CEO and Co-founder of Gebeya Amadou Daffe , a pan-African talent marketplace. EPhone launched in 2019 as a super dialer app. The startup offers a combination of advanced dialing accompanied with smart SMS capabilities, and automated Teleco's USSD services that

article : Startups
e-logistics platform secures $150 000 in seed funding

Uganda-based e-logistics tech startup Ridelink has secured $150 000 in a pre-seed funding round led by Ortus Africa Capital, Omidyar Network and African Leadership Academys Young Entrepreneurs Fund (Anzisha). Daniel Mukisa, CEO of Ridelink explains what the funding will be used toward. We plan on using the capital raised to build globally competitive and robust technology and accelerate our marketing campaigns. Ridelink Founded in 2017, Ridelink is a

article : Crowdfunding
nigeria b2b platform sabi reaches 150,000 merchants and raises seed funding

Nigeria B2B startup Sabi serving the country's informal sector recently closed a seed funding round having enrolled over 150,000 small businesses on its platform. According to Sabi, the funds will go towards growing its network across the country and onboarding new sales merchants. The round drew participation from early stage Atlantica Ventures , CRE Ventures , Waarde Capital , and Janngo Capital. Sabi is a female-led startup co-founded by Anu Adasolum (CEO) and Ademola Adesina (co

article : Startups
e-logistics startup ridelink secures $150,000 in pre-seed funding

Ridelink , a Uganda e-logistics startup has raised $150,000 in pre-seed funding in a round jointly led by Ortus Africa Capital (an investment advisory firm), the Omidyar Network (impact investment firm), and African Leadership Academy's Young Entrepreneurs Fund ( Anzisha ). The company looks to drove down the cost of transport for SMEs by connecting businesses to truck drivers through technology that facilitates the smooth running of business operations increasing revenue, motility e

article : Startups
pawapay closes on seed funding of $9m

African payments company pawaPay , has secured a $9m Seed raise. The round was co-led by MSA and UK-based investment fund 88mph , with participation from Vunani Capital , Kepple Ventures and Zagadat Capital. The capital will be deployed to scale pawaPays operational presence, find more talent to join the team, and expand into new markets on the continent. Founded in 2020, pawaPay is focused on the mobile money infrastructure provided by telecommunications companies (telco) in Africa.

article : Mixed
nigerias b2b ecommerce platform omnibiz africa secures $3m seed funding

Omnibiz Africa the B2B Ecommerce platform headquartered in Lagos, Nigeria raised $3 million in a seed round led byV R Africa, Timon Capital and Tangerine Insurance. The round that took Omnibizs total raise to $4 million also included the participation of leading African investors including Lofty Inc, Musha Ventures, Sunu Capital, Launch Africa, Ventures Platform and Rising Tide Africa. In addition to this the company also received funding from Seedstars and will be participating in the Seedstars

article : Mixed
egypt healthtech startup estshara raises $500k seed funding

Cairo-based Estshara , a healthtech and teleconsultations startup has completed a $500K seed funding round led by Egypt Ventures (A multi-stage Egypt-focused investment vehicle). The new round sets Etshara on the map of promising healthcare startups in emerging markets. Estshara was founded in 2018 by Ahmed Mahmoud and Amin El-Hemaily. This online platform offers healthcare consultations and telepharmacy services with over 200,000 consultations to date. The healthtech l

article : Startups
wellness app strove raises r4 million in seed funding

Employee wellness app Strove has raised R4 million in seed funding in a round led by venture capital firm, Launch Africa. The round comes after venture builder The Delta launched the initial product in January. We are really excited about this capital raise for Strove," CEO of The Delta, Louis Buys, said in a statement. "The raise is great validation for our model at Delta of supporting and accelerating ventures from 0 to 1, and furthermore being able to do th

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