Partech
Partech has closed its second Africa fund, Partech Africa II, at €280 million ($300 million+), just one year after reaching its first close. At that size, Partech Africa, which originally…
Pimento is a new French startup that is using generative AI in an interesting way, as the company focuses on the first step of creative processes — ideation, brainstorming and…
The payment landscape in Africa is still fragmented, with several payment operators providing different payment options to customers as well as businesses. Due to this fragmentation, payment failures are inevitable…
AI, when it works well, can feel like magic, but all too often AI-based systems don’t work as they should: If the data used to train models is not deep,…
At the same time Internet of Things (IoT) devices and embedded software are becoming more complex, manufacturers are looking for ways to effectively manage the increasing volume of edge hardware.…
French VC firm Partech has closed another seed fund dedicated to early-stage tech startups — the fund is called Partech Entrepreneur IV. This time, Partech has raised €120 million. It represents…
Meet Easop, a new software-as-a-service startup that helps companies manage equity incentives for employees across multiple countries. Easop works particularly well with startups that want…
Featured Article
As the global venture capital market slows, Africa charts its own course
Experts say that most recent deals were finalized months before macroeconomic challenges hit the global VC landscape. This means there’s a lag in what’s reported as the current state of VC in Africa.
The growing complexity of web infrastructure is a challenge that many organizations face today. When building and deploying web apps, IT teams must grapple with an array of choices, from…
The International Finance Corporation (IFC), the private sector arm of the World Bank, plans to make an equity investment of up to €25 million ($26.43) into the Partech Africa Fund…
Product research generally involves determining whether an idea for a new product might be successful and how to best develop and sell that product. It’s a straightforward process, in theory,…
Pandas connects Latin America’s small businesses directly with Asian manufacturers to reduce logistical problems and high fees often imposed by importers and intermediaries.
Symmetrical.ai, a payroll tech provider, today announced that it raised $18.5 million in financing led by Target Global with participation from Global Founders Capital, Finch Capital, Partech, Market One Capital…
Featured Article
No signs of a slowdown in Africa’s tech funding, data show
African startups had a solid Q1 2022 in terms of VC investment, both in dollars and deal volume. This is news in itself, but even more so amid declines in venture funding to the U.S., Asia, and LatAm.
Wale Ayeni, head of VC investments for IFC in Africa, Middle East and Central Asia, is leaving the firm
Wale Ayeni, the regional head of venture capital investments for the IFC in Africa, has left the International Finance Corporation (IFC), TechCrunch learned on Wednesday. Ayeni, who also led the…
Morocco’s Freterium grabs $4M to scale its freight trucking software across MENA
In Africa and the Middle East, most companies in the freight industry still use old-fashioned methods such as spreadsheets, phone calls and emails to manage their shipments. They are electronic…
I normally try to bring some pep to my little intros in this missive. But today I am going to avoid astruturning my own mood to simply say, hey, what’s…
Paris-based VC firm Partech unveils Chapter54 accelerator to help European startups cross into Africa
Partech Shaker, the innovation division of the Paris-based VC firm Partech, has launched an accelerator program christened Chapter54 to help European startups launch in African markets. The accelerator will take…
Paris-based VC firm Partech has announced the closing of the fundraising of its new growth fund, Partech Growth II, managing to raise $750 million. Partech Growth I was a smaller…
Crossing Minds brings in new capital to provide recommendations that don’t require identifiable information
Up to 60% of consumers are often new users of a shopping or media site, so that “cold start” can be a problem in terms of recommendations.
Payments made a huge shift to digital platforms during the COVID-19 pandemic — purchasing moved online for many consumers and businesses, and a large proportion of those continuing to buy…
The world of professional coaching has grown over the years as coaches realised they could easily counsel people remotely and clients realized digital coaching was far more efficient. But, equally,…
There are more than 400 million Arabic speakers globally and that number isn’t slowing down anytime soon. Arabic, to most people, is a tough language even to those who speak…
Investments in African startups keep growing at a healthy pace ever since reports started keeping count in 2015. That year, publications Disrupt Africa and Partech released independently researched and contrasting…
The venture capital scene in the North African tech ecosystem will be absolutely buzzing right now with the announcement of two large VC funds in the space of two days.…
Uganda’s Tugende closes $3.6M Series A extension to meet the demand for its asset finance products
Ugandan technology-enabled asset finance company Tugende today announced that it has closed $3.6 million in a Series A extension round. The investment, which, according to the company, was agreed on…
Digitail, an app for vets and their customers, raises $2.5M seed round led by byFounders
Digitail, a cloud service for veterinary surgeries and customers, has raised $2.5 million in a seed round led by byFounders and Gradient Ventures (Google’s AI fund), joined by Partech and…
Food delivery — whether it’s ready-made orders from restaurants, meal kits or groceries — has been one of the most-used services in this last year of living under the cloud…
The venture capital scene in Africa has consistently grown, with an influx of capital from local and international investors reaching unprecedented heights in recent years. To understand how much growth…
As more companies and brands put the internet at the core of how they run their businesses these days, it’s giving a strong push to the growth of startups that…
