Accelerators & Incubators
Policy & Regulation
Cape Town-Based Sea Monster Bags $1-Million Investment
Sea Monster was born out of the desire to use games, VR, and AR technology as an instrument for change to develop new and advanced methods of communication and education solutions for corporations.
Fintech MFS Africa Acquires Digital Payments Provider Beyonic
Johannesburg-based fintech firm MFS Africa announced today that it has acquired Beyonic, a digital payments management provider of business services for SMEs, fintechs, and social impact entities across Africa.
Futuregrowth Invests in SA Personal Finance Startup LifeCheq
The startup aims to make expert advice accessible to professionals and entrepreneurs who are currently not served well by the existing financial advice industry.
Sun Exchange Secures $3 Million Investment from ARCH’s Africa Renewable Power Fund
The firm has brought solar power to 13 South African schools, businesses and organisations, offsetting 1,500 tonnes of carbon per year, and growing.
BusyMed, A South African Healthtech Start-up Raises Funding from LionPride Investments
BusyMed’s platform connects consumers to pharmacies giving them access to online consultations, product and medication purchases with fast home delivery.
SA Cashless Payment Platform Sticitt Lands $177k from New VC
Sticitt services schools, lifestyle and golf estates, as well as events and is assisting one utility company to get clients to pay for water bills using its cashless payments system.
Mobile Game Publisher
Carry1st Raises $4 Million to Catalyze Mobile Gaming in Africa
Carry1st is the leading mobile games publisher serving the first generation of African smartphone users.
SA Edtech Startup Syafunda Lands $142K Investment from Edge Growth
Syafunda is an educational platform that provides access to digital content through mobile technology.
Naspers Foundry Invests $5.5 Million in SA’s Agritech Business, Aerobotics
Aerobotics is a subscription-based artificial intelligence (AI) company that provides intelligent tools for the agricultural industry to manage its crops.
SA Insurtech CompariSure Lands Investment
The startup distributes financial services products via its proprietary chatbot technology that leverages platforms like Facebook Messenger and WhatsApp.
SA’s AgVentures Raised $5.4 Million from SA Agrifood Business
Founded in 2018, AgVentures invests in early stage agrifood technologies in South Africa, Israel and Kenya and assists in the roll-out of these transformative technologies across Africa.
The South African Tech Company That Is Building Drones For Amazon And Google
LightWare’s technology also trims costs, weight, and power. In addition, users get real-time results for optimal navigation.
SA Kids’ Learning Platform, Play Sense, Raises USD 458 K And Goes Full Edtech As COVID-19 Rages On
But in the wake of realities of the COVID-19 pandemic which has forced schools across the globe to close down, Play Sense has opted to take its classes online.
SA’s Mobiz Bucks The Trend With USD 1 Mn Raise From Kalon Venture Partners
The South African venture capital (VC) firm confirmed its investment in the SmartSMS marketing engagement platform.
Grindstone Accelerator raises $1.5M from the SA SME Fund, partners with Google for Startups & Deloitte
Grindstone will use the funding to double intake numbers, digitise learning content and run annual programmes in both Cape Town and Johannesburg.
Design Innovation Seed Fund
Design Innovation Seed Fund open for applications from Western Cape innovators
The Design Innovation Seed Fund will provide Western Cape innovators with grants of up to R800k.
Two JSE-Listed Firms Unveil Two Separate Startup Funds Worth USD 32.7 Mn Within 72 Hours
This new fund will have an initial capitalisation of USD 20 Mn (about ZAR 320 Mn) and will invest in startups in the logistics industry.
South African Edtech Startup Snapplify Bolsters Its Ranks With Acquisition Of Onnie Media / Teacha!
With this acquisition, Snapplify aims to move closer to the goal of developing an offering that is compelling and valuable for teachers.
SA Startup Omnisient Secures Pre-Series A Funding, Plans To Roll Out Data Sharing Service In Nigeria
South African startup, Omnisient, which has created a business out of enabling secure data sharing for businesses, has secured an undisclosed amount of pre-Series A investment.
Toyota Tsusho & Google Bet On Another African Mobility Startup As SA’s WhereIsMyTransport Closes USD 7.5 Mn Series A
WhereIsMyTransport was founded in 2016 and the company is a big data platform for seamless mobility in emerging markets.
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