13 Deals across the continent over the last week ⬇️ 28 investors & ~$62m disclosed across stages.
💰 Vendease (YC W21) (Nigeria) raised a $30m Series A from Partech, TLcom Capital LLP and others. The online procurement marketplace allows restaurants and food businesses to purchase supplies straight from leading manufacturers (cc Tunde Kara).
💰 Numida (YC W22) (Uganda) closed a $12.3m Pre-Series A from Serena Ventures, Breega and others. The fintech is offering micro-lending solutions to semi-formal micro and small businesses, driving financial inclusion (cc Mina Shahid).
💰 Mazaya Egypt raised a $5m Pre-Seed from Raya Trade and others. The platform is coined as the country’s first B2B e-commerce site with an specialist focus electronics (cc Amir Aboul Fotouh).
💰 Farmerline Group (Ghana) added a further $1.5m from Oikocredit to their Pre-Series A. The agritech is building tech to increase farmers’ access to high-quality production inputs and education on the best farming practices (cc Alloysius Attah).
💰 Ingame Sports (Egypt) closed a $1.5m Pre-Seed from Openner.vc and others. The gaming and sports-tech startup is creating interactive experiences for football fans around the world (cc Mohab El Tawila).
💰 KUMULUS WATER (Tunisia) raised a $1m Pre-Seed from Techstars, Flat6Labs and others. The water-tech start up aims to provide portable water in an economic and sustainable way using solar energy (cc Mohamed Ali Abid).
💰 Strove (South Africa) closed an undisclosed round from Lifetime Ventures). The employee wellness & rewards application empowers organisations to inspire their employees to live healthily (cc Chris Bruchhausen).
African start-up founders can apply to join Stanford Seed Seed, a Stanford Graduate School of Business-led initiative, has renewed its collaboration with…
13 Deals across the continent over the last week ⬇️
28 investors & ~$62m disclosed across stages.
💰 Vendease (YC W21) (Nigeria) raised a $30m Series A from Partech, TLcom Capital LLP and others. The online procurement marketplace allows restaurants and food businesses to purchase supplies straight from leading manufacturers (cc Tunde Kara).
💰 Numida (YC W22) (Uganda) closed a $12.3m Pre-Series A from Serena Ventures, Breega and others. The fintech is offering micro-lending solutions to semi-formal micro and small businesses, driving financial inclusion (cc Mina Shahid).
💰 SweepSouth (South Africa) closed an $11m round from Alitheia IDF, Naspers Limited and others. The company has built Africa’s leading home services booking platform, with presence across the continent (cc Aisha R. Pandor and Alen Ribic).
💰 Mazaya Egypt raised a $5m Pre-Seed from Raya Trade and others. The platform is coined as the country’s first B2B e-commerce site with an specialist focus electronics (cc Amir Aboul Fotouh).
💰 Farmerline Group (Ghana) added a further $1.5m from Oikocredit to their Pre-Series A. The agritech is building tech to increase farmers’ access to high-quality production inputs and education on the best farming practices (cc Alloysius Attah).
💰 Ingame Sports (Egypt) closed a $1.5m Pre-Seed from Openner.vc and others. The gaming and sports-tech startup is creating interactive experiences for football fans around the world (cc Mohab El Tawila).
💰 KUMULUS WATER (Tunisia) raised a $1m Pre-Seed from Techstars, Flat6Labs and others. The water-tech start up aims to provide portable water in an economic and sustainable way using solar energy (cc Mohamed Ali Abid).
💰 Strove (South Africa) closed an undisclosed round from Lifetime Ventures). The employee wellness & rewards application empowers organisations to inspire their employees to live healthily (cc Chris Bruchhausen).
💰 Lemon (South Africa) – a procurement marketplace for industrial supplies (cc Kabelo Mtshazwe), Oval Interactive (Nigeria) – interactive martech platform (cc Silas Okwoche Emmanuel), Shemach (Ethiopia) – B2B e-commerce platform (cc Dawit Nigusu) and Local Knowledge (South Africa) – P2P travel experience platform (cc Nick Schooling) each received $50K in funding from Nairobi-based The Baobab Network).
💰 Namola (South Africa) – the on-demand emergency response app – was acquired by MultiChoice Group for an undisclosed sum.
Want more insights on Africa’s early-stage investment scene? Visit https://dealbase.africa, or follow for more 💥