Raises

OmniRetail, a Nigeria-based B2B ecommerce marketplace digitising order management and embedded financial services for retailers, distributors, and manufacturers has raised $20 million to expand across Nigeria, Ghana and Ivory Coast. The $20 million was co-led by Norfund and Timon Capital with participation of Ventures Platform, Aruwa Capital...

Lori Systems, the Nairobi-based digital freight platform, has raised $2 million in a bridge round at a significantly reduced $5 million valuation, a steep drop from its 2020 peak valuation of $120 million. Led by Delta40, with participation from Future Africa, FP Capital, and others, the new funding brings Lori’s total raised capital to over

Web3Bay Sells 420M Tokens as Users Abandon ICP and MATIC for Tokens With Real World Utility As crypto ventures explore the future of online interaction, a new wave of platforms is redefining how users experience commerce. Polygon has made notable progress by linking Web2 giants like Stripe and Instagram with blockchain infrastructure, while Internet Computer

Aetherflux plans to launch an initial demonstration satellite to test its space-based solar power technologies by 2026. Credit: Aetherflux WASHINGTON — A startup taking an alternative approach to space-based solar power has raised $50 million as it works towards a first demonstration mission next year. Aetherflux announced April 2 it raised a $50 million Series

Helios Fund V has raised $75 million investment funding from EIB Global to invest in companies in digital infrastructure, financial services and technology, and tech-enabled service sectors including education, training and healthcare, which are aligned with the priorities of the EU-Africa Global Gateway Investment Package. The European Investment Bank (EIB Global) made the funding into Helios Investors V

The Israeli occupation army has announced an elevation of the alert level throughout Israel, just days before the start of the Jewish Passover holiday. The declaration of the alert status in Israel follows a situation assessment conducted by Chief of the General Staff Eyal Zamir. Military presence is also slated to be reinforced across various

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