Funding
Startups

Nigerian Healthtech Startup, Field, Secures $11M to Revolutionise Maternal and Child Healthcare in Africa

Field, a healthtech startup based in Nigeria, has raised $11 million from the Bill & Melinda Gates Foundation to confront one of Africa’s most pressing healthcare challenges: maternal and child mortality. With this funding, Field aims to deploy its route-to-market service to facilitate access to critical therapies across Nigeria and Kenya, focusing on maternal health, […]

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Tech

Klas – Nigerian EdTech Secures $1M Funding for Global Expansion in Online Education

Nigerian edtech startup Klas has successfully secured $1 million in pre-seed funding in a round led by Ingressive Capital, with contributions from Techstars, HoaQ Capital, and various angel investors. Founded in 2022 by Nathan Nwachuku and Lekan Adejumo, Klas provides a platform that facilitates the creation and sale of ebooks, courses, and live classes. The […]

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Business

Kenya’s Twiga Foods secures new funding, amid plans to pay off over 100 suppliers

Twiga Foods, the Kenyan startup celebrated for its role in optimizing the food supply chain in Africa, has secured undisclosed funding through a business refinancing process. This development comes just weeks after facing a KES 40 million (USD 261,878.75) debt collection lawsuit from Incentro Africa, a cloud services vendor.  The new funding, orchestrated as part […]

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