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Funding
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FSD Africa Invests £10m to Support Nigeria’s Climate Infrastructure Development
FSD Africa Investments (FSDAi) has partnered with InfraCredit to invest £10 million in Nigeria’s sustainable infrastructure development endeavours.…
Global Healthtech Funding Drops To $3.4bn In Q2 As Number Of Deals Dip For The Sixth Consecutive Quarter
Global healthtech funding experienced a decline, reaching $3.4 billion in Q2, marking the sixth consecutive quarter of reduced…
CalypsoAI Raises $23M To Add Guardrails To Generative AI Models
As the adoption of generative AI continues to increase among companies, it becomes crucial to address the associated…
Redpanda Raises $100M Series C As Streaming Service Experiences Significant Growth
Redpanda, a data streaming company that offers a modern way to stream data while ensuring compatibility with Kafka,…
Plastic Upcycling Startup Kubik Closes $3.34M Seed Money To Scale Production in Ethiopia
The global production of plastic waste is projected to triple to over 1,000 million tonnes by 2060, posing…
Analysing the Decline In Fintech Funding In Africa And The Urgent Need For Remedial Actions
Introduction Africa’s fintech sector has been a catalyst for financial innovation and inclusion, but this year has witnessed…
Ghana’s Logistics Startup Jetstream Secures $13 Million Pre-Series A Funding In Equity And Debt
Ghanaian logistics startup Jetstream Africa has secured $13 million in equity and debt in a pre-Series A funding…
Nigerian Agritech Startup Releaf Secures $3.3 Million In Pre-Series A Funding Round
Nigerian agritech startup Releaf has secured $3.3 million in an oversubscribed pre-Series A round. The funding round saw…
Amazon Secures An $8 Billion Loan, Cites An Uncertain Macroeconomic Environment
American e-commerce company Amazon has secured a loan of $8 billion from DBS Bank, Mizuho Bank, and others.…
Elon Musk’s SpaceX Is Raising $750 Million In A New Round Of Funding At A $137 Billion Valuation
Space X, the Elon Musk-owned spacecraft manufacturer and satellite internet company is raising $750 million in a new…