Acquisition Startup

Eden Life Expands to Kenya and Acquires Lynk

Eden Life, an African home concierge services scheduling platform, has acquired Lynk, the former technology company connecting informal workers to

Startup

Kenya’s Electric Vehicle Manufacturer, Opibus Rebrands to Roam

Opibus, a Kenyan electric vehicle manufacturer, has announced that it has rebranded to Roam to accommodate its expanded vision. At

Tushop
Social Entrepreneurship

Kenyan Social Commerce Firm, Tushop Raises $3m Led by 4DX Ventures

Tushop, a Kenyan social-commerce startup, has closed a $3 million pre-seed funding round led by 4DX Ventures with participation from

Churpy
Fintech

Kenyan Fintech Startup Churpy Gets $1m Backing From Global Investors

Churpy, a Kenyan fintech startup, has secured a $1 million seed round led by Unicorn Growth Capital. Also participating were

Powered by People
Ecommerce Funding Investment Venture Capital

Kenya’s Powered by People Secures $5m Funding to Grow its Wholesale eCommerce Platform

Powered by People, a Kenyan wholesale e-commerce platform, has secured $5 million in seed funding led by Susa Ventures and

Apollo
AgricTech Funding Investment Venture Capital

Kenyan Agritech Startup, Apollo Raises $40m Led by Softbank Vision Fund 2

Apollo Agriculture, the Kenyan agritech startup, has closed a $40 million Series B funding in an equity round led by

Startup

Glovo-Esade Tech Competition For Kenyan Startups 2022

Glovo, in partnership with Escade Business School, Ashoka Africa, and the Boston Consulting Group, has organised a competition for early-stage

Funding Investment

Kenya’s Cartnshop Closes $400k Investment

Cartnshop, a Kenyan company that helps African small businesses build up internet storefronts quickly and inexpensively, has raised a $400,000

Fintech Funding Renewable Energy

Kenya’s M-KOPA Secures $75m Funding to Expand Platform for Underbanked

M-KOPA, the Kenyan pay-as-you-go energy services for off-grid customers, has raised $75 million in a growth equity round to expand

Acquisition Insurtech

Lami Acquires Kenya’s Bluewave Insurance Agency to Expand Access to Insurance Across Africa

Lami, Kenya’s insurance technology company, has acquired Bluewave Insurance Agency, a Kenyan-based insurtech startup that leverages mobile technology to reach