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Forbes 30Under30 Entrepreneur Launches the First Digital Accelerator in Africa

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In an effort to increase exposure of African startups to global investors and resources, Africa Startup Ecosystem announced the launch of the first digital accelerator for the region. The accelerator program begins with a full startup development boot camp covering ideation, product development, marketing, customer acquisition and funding. The boot camp is followed by workshop… Read More »

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Israeli startup Shoppimon closes $2.3 mln seed round

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Israel based startup Shoppimon whose solution monitors online store performance by mimicking the experience of its customers, announced it has closed $2.3M in seed funding from participants including, AOL, StageOne Ventures, Explore and 2B-Angels. By focusing on a wide range of problems eCommerce sites face, Shoppimon identifies and alerts its users to a gamut of… Read More »

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Kenya’s traffic app Ma3Route raises $25k pre-seed round

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On Wednesday, Kenyan traffic app Ma3Route announced it had raised a pre-seed round of US$25,000 that will help in expansion and addition of new features. The funding came from a group of five investors. Mostly bootstrapped since its launch in late 2012, Ma3Route is a crowdsourcing technology platform that looks to solve mobility issues in… Read More »

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500 Startups launches a $10M fund in support of Vietnamese startups

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Today, 500 Startups announced the launch of a $10 million micro-fund that will invest solely in Vietnamese startups. This is the latest in a series of investment vehicles the Silicon Valley-based accelerator program has created in the past year. The organization plans to fund 100 to 150 companies that have some connection to the Southeast Asia country,… Read More »

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Japanese Exchange Bitflyer Invests in IoT Company Sivira Through ¥50M Startup Fund

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Japanese bitcoin exchange Bitflyer has started the ‘Blockchain Angel Fund’ supporting and investing in blockchain businesses in Japan. Towards this end, Bitflyer has invested ¥50m, which is approximately equals to $421,000. The first startup to benefit from the fund is Osaka-based IoT (Internet of Things) startup Sivira. Bitflyer is especially interested in the Sivira platform “hublive” that… Read More »

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Kenya’s Incubator NAILAB Stages First Ever VC Carousel

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On Wednesday, Kenyan-based business incubator Nailab held its first ever VC carousel in a bid to create a direct link between startups to investors. The first of its kind among local incubators and accelerators, the carousel saw entrepreneurs who have gone through the Nailab incubation program, from season 3 through to season 6 and are… Read More »

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Kenya defence Twitter account hacked

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The Twitter accounts of the Kenyan defence forces and its spokesman have been hacked by activists protesting about corruption. “All of you who have stolen money #Kenya, we are coming after you,” reads one post. The hacked posts were signed as being from activist group Anonymous. Kenyan military spokesman Major Emmanuel Chirchir often uses Twitter… Read More »

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