Sendmarc, a leader in email and domain security, has announced a $7 million series A funding round led by Atlantica Ventures and supported by Allan Gray E-Squared Ventures, Fireball Capital, Endeavor Catalyst, 4Di Capital, Kalon Venture Partners, Endeavor Harvest, and Alpha Private Capital. The funding will be used to expand Sendmarc’s market enablement strategy and to continue improving its product, with a focus on being […]
Tag Archives: funding
By Catherine Wijnberg One of the questions I am most frequently asked is: “How can I get funding to start my business?” Today’s Google search will give you 340 million answers to this question. But if it’s just one good answer you need, this one might help. The reality is that most new businesses start […]
Ventures Platform, the pan-African VC firm championing the next generation of African technology entrepreneurs, has today announced the final close of its early-stage and intercontinental fund, at $46M. Surpassing its initial $40M target, the oversubscribed fund from one of the continent’s most prolific investors sees new participation from global investors with an array of top-tier […]
By Paula Mokwena, CEO at Fireball Capital The global venture capital (VC) ecosystem is no stranger to the common challenge that female entrepreneurs face – lack of funding. Research by the World Bank shows that for every $1 invested in women, $25 goes to men in the African startup space1. This is the case across all regions […]
AURA, the leading African-based security and medical response marketplace, has secured R62 million in a Series A funding round, which was led by MultiChoice Group (MCG), KLT Holdings and Buffet Investments. This positions AURA favourably for its global expansion plans. AURA is a marketplace that enables anyone to access the closest vetted private and public security and […]
Secure data collaboration platform achieves second round of funding Omnisient, a secure data collaboration platform, has achieved its second raise this year totalling USD1.4 million. ”We have brought in visionary international investors – Technova, Grand Bay Ventures, Tahseen Consulting, and Kepple Africa Ventures – who will be key to supporting our expansion globally. Investec, Nedbank, […]
The relief of indigence is the primary goal in bringing about a positive change in the lifestyles of children in Africa. To this day, 1 in every 5 children in Africa is devoid of the right to education owing to child labor. Since electricity is a dire need of people even in the utmost rural […]
Strategies to share talent between Africa and France By Kiné Seck Mercier A young woman spends her youth in Nigeria, leaving to attend a university in London. She goes on to work in the United States, Ghana, South America, Kenya and Zambia, finally settling in Paris. In many ways, she is illustrating an increasingly common […]
Science, South Africa News, Startups
Innovative funding models in EduTech help to eliminate skills shortages
According to the latest figures released by Stats SA, South Africa’s unemployment rate jumped to a staggering 29% in the last quarter – the worst it’s been since 2008. The unemployment rate for the youth in particular is one of the highest in the world – currently sitting at 56.4%. With all eyes on government […]
Key to enabling African economies to make the most of their opportunities is developing infrastructure in the region. Across the continent, new laws are being implemented and alternative sources of infrastructure funding are being sought in order to kick-start direly needed infrastructure projects. At the centre of it all is China, which is providing alternative […]