Ventures Platform’s $84M Fund Shows African VC Is Becoming More Selective
Ventures Platform has closed its $84 million Pan-African Fund II, giving early-stage African startups more capital in a tougher funding ...
Tag: startup funding
Jumia’s $50M Raise Gives African E-Commerce Another Lifeline
Jumia has raised $50M from IFC, Axian and other investors as it pushes toward EBITDA breakeven and sustainable African e-commerce.
Cognition’s $40B Target Shows AI Coding Is Still The Hottest Bet
Cognition is reportedly in talks to raise $1B+ at a $40B+ valuation as Devin pushes AI coding deeper into software ...
Africa-Focused Startups Raised $3.3B In H1 As Funding Rebounds
Africa-focused startups raised $3.3B in H1 2026, helped by larger healthcare, EV and fintech deals.
Launch Africa Ventures Closes 15 New Fund II Investments In 2026
Launch Africa Ventures has closed 15 new Fund II investments in 2026, backing startups across AI, embedded finance, supply chain ...
Gigbanc Winds Down As Nigeria’s Cross-Border Fintech Market Faces A Funding Squeeze
Nigerian cross-border payments startup Gigbanc is winding down after three years, citing a difficult fundraising climate.