VC Funding

Fund IIIHAVAIC

South Africa’s HAVAÍC Secures Fresh Backing for $50m Fund III, Deepens Stake on Africa-Born Startups With Global Ambitions

South African venture capital firm, HAVAÍC has announced the third close of its third fund, a US$50 million vehicle, marking a significant step forward in its mission to back Africa-born…

Ricursive Intelligence Raises $300m to Automate Chip Design with AI

Nigeria’s Terra Industries Raises $22m in Follow-On Round, Cementing Position as Africa’s Most-Funded Defence-Tech Startup 

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Corporate Spend ManagementFunding and Solution

SiFi Secures $20 Million Series A to Transform Corporate Spend Management Across Saudi Arabia

StartupsTech Startups

Two Stanford Students Launch Breakthrough Ventures, Raises US$2 Million to Support Student Startup Founders

Central AfricaEast Africa

XSML Capital Raises US$142M for Fourth African Fund, Surpassing Target in Strong Vote of Confidence for SME Financing

AIArtificial intelligence

Governata Raises $4m to Build AI-Ready Enterprise Data Foundations Across Saudi Arabia

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