South Africa Insurtech Naked Raises $38M to Expand AI-Powered Insurance
Naked secured a $38 million Series B2 funding round. Total funding raised by Naked exceeds $69 million.
Transform Health Fund raises $111 million, eyes more healthtech startup
AfricInvest closes Transform Health Fund at $111 million. The fund aims to boost innovative healthcare models across Africa.
Africa’s climate tech sector needs winners to justify recent funding jump
DFIs have become the primary funding source for African VC firms, influencing the VC landscape. Climate tech funding in Africa reached $1.04 billion in 2023, marking a 9% increase from the previous year.
Sony launches $10m fund for African entertainment startups
Sony Group has established a US$10 million innovation fund to invest in African entertainment startups. The Sony Innovation Fund: Africa aims to support the growth of the entertainment industry in Africa by investing in seed to early-stage startups in gaming, music, movie, and content distribution s
