Friday, December 13, 2019

TPG, AfricInvest et al in $25m series-B deal

TPG Growth and AfricInvest have backed a $25 million series-B investment round into Migo, formerly Mines.io, an emerging markets-focused financial services technology company.

Silvertree in online restaurant deal

Silvertree Holdings has invested an undisclosed amount in Darth Kitchens, a South Africa-based technology company operating an online-only restaurant. The financial...

Kalon portfolio finalises equity raise

Kalon Venture Partners’ South Africa based energy focused technology portfolio company Sun Exchange has raised approximately $0.22 million (R4.2 million) through a crowd-funded equity...

IDF in follow-on deal

IDF Capital has sealed a follow-on deal backing its South Africa-based technology portfolio company focused on the logistics space. The...

Specialist investors in pharmatech deal

Two specialist investors have backed a $1 million series-A investment round into Yodawy, an Egypt-based technology company focused on the healthcare space. The company...

German investor in 5th Nigeria deal

A Germany-based investor has backed Drivers NG, a Nigeria-based technology-based business services company – sealing its fifth deal in the country.

SoftBank in $120m Africa deal

SoftBank Ventures Asia has partnered with a number of investors to back a $120 million series-B investment round into a Nigeria-based financial services technology...

Chinese investors in series-A deal

Two China-based investors have led a series-A investment round into a Kenya-based technology company focused on the logistics space. The...

Edge Growth in fintech deal

Edge Growth has signed a deal to invest approximately $1.7 million (R25 million) into ProfitShare Partners, a South Africa-based financial services technology company.

US investor in series-A deal

US-based investor True Ventures has led a $13 million series-A investment round into Wefarm, an Africa-focused agricultural technology company. The financial...