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Defence startup Terra Industries, formerly Terrahaptix, has raised $11.75 million from US investors led by 8VC to build more factories and hire engineers.
Propel Africa · 2026-01-12
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Sora Technology, a Japanese company using drones and AI against malaria, has raised $2.5 million in the second close of its late seed round.
Propel Africa · 2026-01-05
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Moroccan retail technology startup Woliz has taken a $2.2 million equity stake from Sanlam Maroc, the insurer's first long-term private equity move in local startups.
Propel Africa · 2025-12-29
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Health tech company mPharma has received a strategic investment from GIP Ghana, with more than half of the funding set for Francophone West Africa. The amount was not disclosed.
Propel Africa · 2025-12-23
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Egyptian cloud lab Nawah Scientific has raised a $23 million Series A, led by Life Ventures Holding, to build an R&D centre in Rwanda and double lab capacity.
Propel Africa · 2025-12-18
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Rwandan micro-ERP startup Kayko has raised a $1.2 million seed round to build credit scoring from merchant data and offer working capital loans through bank partners.
Propel Africa · 2025-12-17
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Off-grid solar company Sun King has raised $40 million in equity from Lightrock, with plans to widen its product range and grow its shop and agent network by 2030.
Propel Africa · 2025-12-12
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Algerian online travel agency Völz has raised 600 million dinars, about $5 million, led by Tell Group with GIBA, as the Algerian Startup Fund exits at 3.35x.
Propel Africa · 2025-12-12
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Proptech brokerage Byit has raised $1.1 million from A15, Beltone and angel investors to strengthen its UAE operations and speed up its entry into Saudi Arabia.
Propel Africa · 2025-12-08
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Ghana's CarePoint has secured a $3 million loan from Japan's JICA to upgrade clinics in Ghana and Nigeria, enter Egypt and roll out tech-enabled micro-clinics.
Propel Africa · 2025-12-08
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Francophone super app Gozem has added Belife Insurance as a strategic investor in its Series B, with the insurer's products to be offered through Gozem's app. Amount not disclosed.
Propel Africa · 2025-12-05
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Refurbished electronics marketplace Revibe has raised a $17 million Series A led by Partech through its Africa II fund, with e& capital, Burda Principal Investments and EQNX joining.
Propel Africa · 2025-12-01