Enda Secures $1.1M in Series A Funding
Enda, a Nairobi, Kenya-based high-performance brand of running shoes, raised $1.1M in Series A funding.
Kenya
Lendable to Launch $100M Emerging Market Fintech Fund
Lendable Inc., a Nairobi, Kenya-based emerging market fintech credit provider, is targeting a $100m closed-ended fund focused on emerging and frontier market fintech investments.
Wefarm Raises $11M in Series-A Plus Funding
Wefarm, a provider of an online platform to connect farmers with each other and leverage the power of their community, raised $11M in Series-A plus funding.
Komaza Raises $28M in Series B Funding
Komaza, a Nairobi, Kenya-based tech-enabled, sustainable forestry company, secured a first close of $28m of a planned $33m Series B equity financing.
Apollo Agriculture Raises $6M in Funding
Apollo Agriculture, a Nairobi, Kenya-based financing and products platform empowering small-scale farmers to maximize their profits, raised USD $6m in Series A funding.
Sendy Raises $20M in Series B Funding
Sendy, a Nairobi, Kenya-based logistics startup providing a delivery solution for business, raised $20m in Series B funding.
Sendy Raises $2M in Funding
Sendy, a Nairobi, Kenya-based on-demand delivery platform, raised USD 2m in funding.
Tala Raises $110M in Series D Funding
Tala, a digital lending app company offering unsecured lending via smartphone direct to consumers, raised $110m in Series D funding.
Antler Opens East African Offices in Ethiopia and Kenya
Antler, a global startup generator and early-stage venture capital firm, opened East African offices in Ethiopia and Kenya as part of its global expansion.
Branch International Raises $170M in Series C Financing
Branch International, a San Francisco, CA-based finance app for Africa, raised $170m in Series C funding.
Tulaa Raises $627K in Funding
Tulaa, a Nairobi, Kenya-based mobile commerce solution that connects agricultural-input suppliers, financial service providers, and commodity buyers to smallholder farmers, raised $627k in funding.
Partech Closes Africa Fund, at €125M
The Partech Africa Fund, the Africa-focused fund of global investment firm Partech, closed, at €125M.
Copia Receives Investment from Goodwell Investments
Copia, an ecommerce business that specializes in supplying products and services to currently underserved consumers in rural Kenya, received an investment from Goodwell Investments.
Twiga Foods Raises $10M in Funding
Twiga Foods, a Kenya-based start-up connecting smallholder farmers in rural areas to informal retail vendors in cities, raised $10m in funding.
Kukua Raises €2.2M in Funding
Kukua, a London, UK- and Naroibi, Kenya-based edtech startup, raised €2.2m in funding.