TechNews Report

Agritech startup Back to the Roots raises $4 million in funding

August 11, 2018
All, Start Ups and Innovations, Startup Funding, Technology
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Back to the Roots, a startup that sells ready-to-grow mushroom kits and other products, has received $4 million in funding to expand its distribution nationwide. The investment was led by…

Microsoft’s Airband Grant Fund invests in 8 start-ups delivering internet-connected solutions to rural communities around the globe

August 7, 2018
All, Start Ups and Innovations, Startup Funding, Technology
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Internet access is as essential as electricity. It empowers entrepreneurs to start and grow small businesses, farmers to implement precision agriculture, doctors to improve community health and students to do…

Top Ten Artificial Intelligence Startups in Asia

July 23, 2018
All, Technology
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There is no doubt that Artificial Intelligence (AI) is set to change the world in dramatic ways soon. While the true potential of AI is yet to be unleashed, a…

Kenya to create a local cryptocurrency?

According to reports, Kenya’s blockchain & artificial intelligence taskforce has proposed a digital asset registry and a digital currency for the country citing that they can create trust. The taskforce's…

Open Banking API provider TrueLayer raises $7.5M

July 19, 2018
All, Start Ups and Innovations, Startup Funding, Technology
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London-based startup TrueLayer has raised $7.5 million in funding in a round led by venture capital fund Northzone. This follows a$3 million series A round in June 2017. TrueLayer has built a…

26 finalists picked for the Pitch AgriHack competition

July 17, 2018
All, Start Ups and Innovations, Start-Up Incubators, Technology, Women in Action
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Twenty six finalists made it through this year's Pitch AgriHack, a youth e-agriculture start-up support program of the Technical Centre for Agricultural and Rural Cooperation (CTA), that is ran in conjuction with…

Google betting on more on African startups and developers

July 17, 2018
All, Start Ups and Innovations, Start-Up Incubators, Technology
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Google is expanding its regional mentorship programme for top early-stage technology startups in Africa from six to seventeen African countries barely eight months since its inception. The seventeen countries include…

Timehop’s database breach affects 21 million users

July 9, 2018
All, Security, Start Ups and Innovations
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Timehop, an app that resurfaces your old photos and posts by connecting to your social media profiles, revealed that its cloud computing environment was hacked and the data of 21 million users was…

PayPal to buy Simility, a specialist in AI-based fraud and risk management, for $120M

June 22, 2018
Technology
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PayPal Holdings Inc (PYPL.O) has agreed to acquire fraud prevention technology company Simility, for $120 million in cash, it said on Thursday. PayPal had been an investor in Simility (it owns…

Startup Spotlight: Interview with Matthew Elan Smith founder of Insuretech startup Pineapple

Pineapple (formerly Amyti) is a Johannesburg-based P2P insurer, and South Africa’s first P2P insurer. Founded… ∞

Startup Spotlight: Interview with Amber McDonald CEO of Indemnis

Unmanned Aerial Vehicles (UAVs), popularly known as drones, have been with us for a while.… ∞

Startup spotlight: Interview with Johannes Degn co-founder of Lynk

We had a chance to speak to Johannes Degn co-founder of Lynk a network of… ∞

Apply for this year’s Women4Climate Tech Challenge

The international C40 Women4Climate Tech Challenge, supported by C40 Cities and The VELUX Group, is back for the second year in… ∞

10 promising European startups founded by women

Despite the high disparity in the number of startups founded by men and women due… ∞

Apple to offer coding camps for women-founded startups

Apple will offer a two-week technology lab at its campus in Cupertino in which participants… ∞

UNICEF Funds 6 Blockchain Startups to solve global challenges

Announced Monday, UNICEF is investing $100,000 in six blockchain startups to “solve global challenges using blockchain technology,”… ∞

UK tech for good Startups receive £400k from The Social Tech Trust

Nine of the UK’s most promising ‘tech for good’ startups have received £400,000 of funding… ∞

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