Moroccan-startup ToumAI secures €1 million develop powerful CX solutions
ToumAI secured €1 million in pre-seed funding to accelerate its global expansion. The funding round was led by Launch Africa and included several notable investors.
Investors in African startups drop to lowest numbers since 2021, says report
Number of investors in financing deals over $100,000 dropped to about 520 in 2024 from over 850 in 2021. Active investors participating in more than ten deals of $100,000 fell from 28 in 2022 to 8 in 2024.
PBR Life Sciences raises $1M pre-seed to expand AI-powered healthcare data platforms across Africa
PBR Life Sciences secured $1 million in pre-seed funding from investors including Launch Africa and Microtraction. The startup plans to expand its operations across Africa with the new capital injection.
86% of African Tech Founders Report Impact on Wellbeing- Flourish Ventures Report
81% of founders enjoy their role as entrepreneurs. 86% of founders report a negative impact on their wellbeing.
Kenya’s Octavia Carbon Secures USD 3.9 M Seed Funding
Octavia Carbon raises USD 3.9 million in seed funding. Funding co-led by Lateral Frontiers and E4E Africa.
