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African tech took center stage in 2021

TechCrunch

Two years ago, the African tech ecosystem saw newfound attention from global players that translated to the continent’s best year of receiving venture capital. From varying sources, it is estimated up to $2 billion went into African tech startups in 2019. AfricArena, a tech ecosystem accelerator, pegged deals to close between $2.25

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Barbershop technology startup theCut sharpens its platform with new $4.5M round

TechCrunch

TheCut , a technology platform designed to handle back-end operations for barbers, raised $4.5 million in total funding since the company was founded in 2016, founder Obi Omile Jr. million in total funding since the company was founded in 2016, founder Obi Omile Jr. and it is one of the fastest-growth markets.

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Kenya-based aquaculture tech Victory Farms nets $5M funding to expand into new markets

TechCrunch

In 2015, Rehmann teamed up with his longtime business partner Steve Moran to explore Lake Victoria and perform some feasibility studies on how they could use technology to disrupt the country’s cold chain markets. They raised an angel round to start Victory Farms before launching in mid-2016 to serve a market with about a $1.5

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RxAll grabs $3.15M to scale its drug checking and counterfeiting tech across Africa

TechCrunch

Some technologies have helped deal with this menace; for instance, radio frequency identification, which works by assigning serial numbers to containers of each product. More modern approaches are being adopted these days, which is the case of RxAll , a startup using deep technology to provide quality medication to patients.

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Virtual HQs race to win over a remote-work-fatigued market

TechCrunch

By drawing on multiplayer gaming culture, the startups are using spatial technology, animations and productivity tools to create a metaverse dedicated to work. Succulents and spatial technology. The game studio failed due to the fact that he was a “kid, 13, and had no money.” The biggest challenge ahead?

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Remembering the startups we lost in 2020

TechCrunch

Atrium, a 100-person legal tech startup founded by Justin Kan, shut down in March after failing to find an efficient way to replace the arduous systems of law firms. Timing, broader marketing issues and troubling allegations of sexual misconduct were all contributing factors that stopped Essential’s big plans dead in their tracks.

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How Pariti is connecting founders with capital, resources and talent in emerging markets

TechCrunch

The data and research organisation uses factors like performance, capital, market reach, connectedness, talent, and knowledge to produce its rankings. Startup ecosystems from emerging markets excluding China and India didn’t make the organisations’ top 40 list last year.

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