Weekly Tech Roundup

Tech Startups Secured Over $369 Million in Funding

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It was raining investment this week in the tech ecosystem, let’s dive into it.

It is raining dollar

Investment Funds

Saas Startup Singleinterface Raises $30 Million in Fund Rounding

Singapore's SingleInterface, a Startup empowering offline businesses with online tools, has secured its first external funding round of $30 million. So, this is how it works, they help offline business to work online, yes!

Triply Secures $500,000 Investment Fund from Y Combinator

My Kenya guys, this is for you again, if there is any startup you are building and you would love to plug me just right before raising money, I am very interested. YC has broken its record, investing in travel tech startup in Kenya? Guys, how can I get a citizenship?

Ghanaian Fintech Zeepay Secures $3 Million for Growth Surge

My Ghanian friends, how are you? Are you aware Zeepay secured $3 million investment fund for growth? hehe, how can I apply to your booming startup please?

BURN Cooks Up $12 Million to Expand Clean Cooking Solutions in Africa

There is nothing anybody can tell me, there is something in Kenya’s stew and I would love to taste it, invite me over, teach me your doings!!!

Aerospike, a real-time NoSQL database company, secured $109 million in funding to expand its AI capabilities.

Aerospike, a NoSQL database company, lands $109 million to fuel its AI ambitions. One time I was learning data analytics, I should consider going back into it full time.

SiMa.ai Raises $70 Million to Power the Future of Edge Generative AI

We are in AI boom, Silicon Valley startup specializing in edge AI solutions, has secured an additional $70 million in funding to bring its next-generation AI chip to market.

French Startup Pigment Raises $145 Million 

It is raining investment funding everywhere in the world! Even with the drought going on in France, Pigment was able to raise up to $145 million for their startup.

Triply secures $500,000 from YC.

Losses

Theeper Fintech Shuts Down as it Faces Compliance Issues

Despite $2.1 million seed investment, Theeper had to bid farewell to its users with a promise to restrategize and maybe find a new owner.

MTN Nigeria Loses Subscribers in NIN-SIM Card Linkage Push

I use MTN, and there are a couple of people I know who uses MTN too, however, during the NIN linkage, it was so thorough with MTN Nigeria that they lost over 2 million subscribers while their counterparts got more subscribers during that period. Was MTN too tough on its subscribers over the NIN linkage?

Doings

Huawei Cloud to Give 100 Nigerian Startups $10 million Free Credits

Chinese tech giant Huawei is raining money on Nigerian startups in form of cloud credit, what have Nigerians done to deserve thisss? Time to build a startup in Nigeria.

Kenya's March Inflation Drops by 5.7% as KES Strengthens Against Dollars

Do I have a Kenyan subscriber here? I would love to know because it means we are penetrating other African countries slowly and I love it, also, I would love to know how you feel knowing you are God’s favorite children.

Baobab Network Acquires Reflector Marketing Agency

African venture capital (VC) firm Baobab Network has acquired the South African marketing agency Reflector Marketing. This is a move I endorse, they are not just providing startups with funds, they are also helping them with brand strategy and marketing, this is a win-win-win for everyone involved!

Mono and Mastercard Team Up to Streamline Digital Payments in Africa

Nigerian open banking startup Mono has joined forces with Mastercard to revolutionize digital payments across Africa. This partnership allows users to make secure and direct bank transfers without the need for cards or USSD codes. Let’s cook

South Africa Approves Digital Nomad Visa, But Questions Remain

If you are reading this, and you are not from South Africa, you should start wearing your shoes as SA is about to dish out digital nomad visa.


Roam and Mogo Partner to Electrify Kenya's Boda Boda Industry

Electric mobility company Roam has joined forces with asset financier Mogo to provide benefit such as motorcycle, battery, charger, and safety gear to our Kenyan guys. The convenient payment plan features a KES 25,000 deposit followed by daily repayments of KES 682 over 24 months. Kenyans, invite me over to your side, I will come.

Nigeria's Stock Exchange Invests in Ethiopia's First Ever Security Exchange

Nigeria Stock Exchange bought in Ethiopia’s stake immediately they launched to the public as Ethiopia successfully secured $26.6 million for its first-ever securities exchange exceeding its initial target of $11.07 million.

Mono and Mastercard.

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