Browsing: Funding

Pan-African venture capital firm Askya Investment Partners has launched the Askya AI Growth Platform, a zero-equity initiative aimed at scaling early-stage artificial intelligence startups across the continent. Unveiled on stage at the Deep Learning Indaba 2026 conference at Pan-Atlantic University in Lagos, the six-week hybrid program is designed to help high-potential African AI companies reach…

The third day of LEAP 2026 in Riyadh featured funding announcements worth a combined $56.5 million for six startups and technology platforms operating across Saudi Arabia and the wider region.

Funding and deal volume declined sharply from July, although 10 startups still landed rounds above €100 million. Cate Lawrence10 minutes ago

ENA Respiratory, a clinical-stage pharmaceutical startup developing host defence enhancers for the prevention of complications associated with respiratory viral infections in at-risk populations, has been awarded AUD $2,980,000 in funding from Australia’s Biointelect Venturer as part of its inaugural funding round.

The Wa’ed Ventures-led round comes as COFE expands beyond coffee ordering into e-commerce, B2B tools and AI-powered services.

The AI startup has created half a billion synthetic personas across 37 countries, aiming to give companies continent-wide consumer market intelligence through AI. Cate Lawrence19 minutes ago

A South African startup can have customers, revenue and a product people are willing to pay for, and still struggle to find the money it needs to grow.

SciFin has officially launched from stealth mode, securing an impressive $44 million in seed funding co-led by prominent venture capital firms Altimeter Capital and Madrona Venture Group. The round also drew contributions from several other noteworthy investors, including Foundation Capital, S32, Zetta Ventures, and others who share a vision for innovative technological solutions.

RIYADH: Startups in the Middle East and North Africa raised $1.7 billion across 242 funding rounds in the first half of 2026, as investors continued to deploy capital despite heightened geopolitical uncertainty, according to Wamda’s H1 2026 report. 

Southeast Asia’s startup capital market recorded its worst first-half performance in years on Monday, with new data from DealStreetAsia DATA VANTAGE confirming that not a single dedicated regional private equity fund reached final close between January and June 2026 — extending a drought in dedicated regional PE closes that deepened again in the first half…