TechNews Report

SA’s FinChatBot raises $563k

South African financial services chatbot provider FinChatBot has secured US$563,000 in funding. The fuunding came from from local venture capital firm Kalon Venture Partners and the Mauritius-based Compass Capital. Founded…

Sweden’s e-scooter startup VOI Technology raises $50M

November 19, 2018
All, Start Ups and Innovations, Startup Funding
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VOI Technology, an e-scooter startup headquartered in Sweden has raised $50 million in Series A funding. London-based venture capital firm Balderton Capital led the round, alongside LocalGlobe, Raine Ventures, and…

PayPal to incubate 10 SE Asia Startups in 2019

November 19, 2018
All, Start Ups and Innovations, Start-Up Incubators, Startup Funding
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PayPal is doubling down on efforts to nurture startups from Singapore and South-east Asia. with plans to incubate 10 early-stage fintech startups from the region through PayPal Incubator in 2019, PayPal's…

App-only supermarket Crisp raises €3 million

November 16, 2018
All, Start Ups and Innovations, Startup Funding
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Dutch app-only supermarket Crisp has officially launched in the Netherlands and raised €3 million. According to the company, the funds came from from “Dutch entrepreneurs and private investors. Founded in 2018, Crisp’s mission is…

Scottish startup Kumulos raises €750k

November 16, 2018
All, Start Ups and Innovations, Startup Funding
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Apps optimization startup Kumulos has raised €750k in funding. The round saw participation from Mercia Fund Managers, the Scottish Investment Bank and angel investors. Founded by Mark Petrie and Bob Lawson, Kumulos platform…

Airspace Technologies raises $20 million in series B Round

November 16, 2018
All, Start Ups and Innovations, Startup Funding
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Airspace Technologies, a logistics and shipping company has raised $20 million in fresh funding. The round was led by Scale Venture Partners with participation from existing investors Qualcomm Ventures, Defy.vc,…

Women and funding, whats the score card?

November 15, 2018
All, Start Ups and Innovations, Startup Funding, Women in Action
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Women are the fastest growing group of entrepreneurs, and numerous reports show that women-led businesses are outperforming their male peers in many VC portfolios, and do so with far less resources. Despite…

Home insurance provider Hippo Raises $70M in Series C Funding

November 15, 2018
All, Start Ups and Innovations, Startup Funding
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Home insurance provider Hippo Raises $70M in Series C Funding. Felicis Ventures and Lennar Corporation co-led the funding round with participation from existing investors Comcast Ventures, Fifth Wall Ventures, Horizons Ventures and GGV Capital.…

Microsoft set to acquire Texas-based AI startup XOXCO

November 15, 2018
All, Mergers and Acquisitions, Start Ups and Innovations, Women in Action
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On Wednesday, Microsoft announced it’s acquiring chatbot startup XOXCO for an undisclosed amount. Founded in 2009 by Ben Brown and Katie Spence, XOXCO is a software product design and development studio. It…

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

November 14, 2018
All, Start Ups and Innovations, Startup Interviews
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Pineapple (formerly Amyti) is a Johannesburg-based P2P insurer, and South Africa’s first P2P insurer. Founded by Marnus van Heerden, Matthew Elan Smith and Ndabenhle Junior Ngulube in 2017, this insuretech startup…