African startups can apply to Madica for up to $200,000 through a SAFE. Here is who qualifies, how the rolling application process works and what founders should check before accepting an investment.
Tag: startup funding
Verascient Bets on South African Engineers to Make Enterprise AI Work
Following its $1.2 million pre-seed announcement, Verascient’s founders explain why their enterprise AI model combines company knowledge infrastructure with engineers working alongside customers.
Why African Tech Startups Choose Singapore as the Strategic Base for International Expansion
African tech startups are increasingly looking to Singapore as a strategic base for international investment, corporate structuring and expansion beyond African markets.
Lua Raises $5.8M to Build Operating System for Human–Agent Collaboration
Lua raises $5.8M in seed funding led by Norrsken22 to develop an AI operating system enabling businesses to deploy and manage human–agent workflows globally.
Kulipa Raises $6.2M to Scale Stablecoin Payments and Card Issuing Infrastructure for Global Fintech Platforms
Kulipa raises $6.2M in seed funding to scale its stablecoin-native card issuing infrastructure, enabling fintech platforms to offer globally accepted payments directly from stablecoin balances across Europe, Latin America, and Africa.
African Unicorns 2026: Africa’s Billion-Dollar Startups and Latest Valuations
Africa’s 2026 unicorn landscape includes Flutterwave, OPay, Wave, Tyme Group, MNT-Halan, Moniepoint and other billion-dollar private technology companies. Here are their latest known valuations and what those figures actually mean.
South African-founded maxwell+spark Closes $15M Series B Round with Chevron Technology Ventures, Idemitsu, and Klima
South African green-tech pioneer maxwell+spark raises $15M Series B led by Klima, Chevron Technology Ventures, and Idemitsu to expand its unified lithium-ion battery ecosystem. The funding accelerates global electrification across forklifts, transport refrigeration, and backup power — replacing diesel and lead-acid systems with cleaner, data-driven solutions.
TLcom Expands TAPSI Pre-Seed Portfolio with Investment in TurnStay
TLcom Capital expands its TAPSI pre-seed fund with TurnStay, deploying 50% of its $5M to back Africa’s early-stage startups and drive digital innovation.
Cerebrium Raises $8.5M Led by Gradient to Scale the Leading High-Performance Serverless AI Platform
Cerebrium, a serverless AI infrastructure platform founded in Cape Town, has raised $8.5 million in a seed funding round led by Gradient, Google’s AI venture fund. The platform enables teams to build and scale multimodal AI applications without traditional complexity or cost. This funding will support Cerebrium’s growth and expansion, with the aim of meeting increasing demand in enterprise AI. Backed by Y Combinator and other investors, Cerebrium is already powering companies like Tavus and Deepgram, providing high-performance solutions for real-time voice, video, and data analytics applications.
Kofa Closes $8.1 Million Pre-Series A Round to Expand Energy Access in Urban Africa
Kofa, an innovative technology-driven energy company, has successfully closed an $8.1 million pre-Series A funding round to expand its AI-powered battery-swapping network in urban Africa. The investment will accelerate the company’s clean energy solutions, starting in Ghana and Kenya, and help optimize the distribution of batteries for motorcycles, households, and businesses. With the backing of prominent investors like E3 Capital, Injaro Investment Advisors, and the Shell Foundation, Kofa is on track to scale its network and drive sustainable energy adoption across the continent.