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Payments startup BrilliantPay launches in Kenya

Kenyan startup BrilliantPay has launched its suite of payment APIs and tools for e-commerce companies and any organisation that accepts cashless payments. The BrilliantPay suite of payment solutions support most payment flows, including one-time payments, disbursements, recurring payments, and payment assurance. Chief executive officer (CEO) Tonnie Nyabuto told Disrupt Africa the design of the solution… Read More »

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Walmart has acquires a virtual reality startup Spatialand

Walmart has acquired a small virtual reality shop, called Spatialand, to be the main attraction of its VR efforts, with hopes that the retail giant  will someday transform the shopping experience across the company’s different websites and stores. Spatialand makes software tools that let creators transform existing content into immersive, virtual reality experiences. The startup… Read More »

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Lotte Accelerator to expand investment in Vietnamese startups

South Korean startup booster Lotte Accelerator will expand and diversify its investment capital in Vietnam’s startup ecosystem this year, said Jin Sung Rhee, CEO of Lotte Accelerator at Demo Day event held by Vietnam Silicon Valley (VSV) on February 1.   “We have completed our commitment to invest $1 million in Vietnam’s startup (ecosystem) through… Read More »

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UK’s Hetz Ventures sets up $50m Israel VC fund

A member of the UK House of Lords, a businessperson, and a veteran of an IDF intelligence unit are the three managing partners in Hetz Ventures, a new UK venture capital fund for investing in Israeli startups. Hetz Ventures, revealed here for the first time, is a $50 million fund for investment in Israeli startups… Read More »

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Kenyan startup HydroIQ wins Startup of the Year Africa 2018 award

HydroIQ, a Kenya-based firm which uses GPS and internet enabled devices plugged into existing water supply systems, homes, business premises and along water distribution network to automatically monitor water use, quality and leakages, has been selected as one of the winners in the “Startup of the Year Africa 2018” contest, winning Sh1.3 million at a ceremony… Read More »

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Jordan-Based Agri Tech Startup Nestrom Raises Seed Funding From Regional Investors

Nestrom, a Jordan-based agri-tech startup developing farm management systems, has raised undisclosed amount of seed funds from investors Propeller Inc, 500 Startups, global agricultural enterprise Agrimatco, Wamda Capital, and other angel investors. Co-founded by entrepreneurs Yousef Wadi, Kanaan Manasrah, and Shadi Al Shalabi in early 2017, Nestrom focuses on “delivering high-end, easy to deploy agricultural… Read More »

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StartAD set for Feruary 18 to feature fintech startups

StartAD’s Fintech Venture Launchpad has created a platform for direct engagement with investors. Innovation platform startAD will host a ten-day entrepreneurship programme, Venture Launchpad, at New York University Abu Dhabi (NYUAD), from February 18-27. Happening on February 18-27, 2018 at NYU Abu Dhabi, early-stage fintech startups focusing on the crowdfunding, peer-to-peer landing, blockchain, algorithmic trading,… Read More »

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Israel-Based Drone Data Analysis Startup SkyWatch Raises $2 Million in Seed Funding

Israel-based drone risk assessment and insurance startup SkyWatch Ltd. raised $2 million in a seed round led by Israel-based venture capital firm F2 Capital Ltd., Tel Aviv-based private investment firm Kaedan Capital Ltd. and New Jersey-headquartered Verizon Ventures, the company announced Wednesday. Other participants in the round include French multinational insurance firm AXA, U.S.-based Liberty… Read More »

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Cambridge startup Intellegens secures maiden deal for its AI technology

Cambridge startup Intellegens has secured a landmark maiden deal for its Alchemite™ artificial intelligence technology. The company has revealed its first commercial collaboration – with e-Therapeutics, an Oxford-based pioneer of Network-Driven Drug Discovery. Alchemite will enable e-Therapeutics to generate improved predictions, correct errors and fill in gaps in the large-scale biological and chemical information repositories… Read More »

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Oakland Food-sharing startup Josephine is shutting down

Josephine, an Oakland, California-based startup that paired home cooks with hungry neighbors, has decided to shut down after almost four years in business. The last meals provided by its cooks will be delivered March 30. Co-CEO Charley Wang wrote on Josephine’s blog, “We knew that Josephine was an ambitious idea from day one and, as… Read More »

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