RECENT FUNDING

yellow-card-funding-devcenterinnovation

Yellow Card Secures $40m Series B funding Round

Pan-African cryptocurrency exchange Yellow Card Financial has announced the close of its US$40 million Series B funding round, which will enable the company to drive exponential business growth, continue its expansion across the continent, develop new products, and advance strategic partnerships. Since launching in Nigeria in 2019, Yellow Card has sought to make Bitcoin, Ethereum, Stablecoins, and …

Yellow Card Secures $40m Series B funding Round Read More »

TeraWatt-EV-charging-devcenterinnovation

TeraWatt Generates $1 Billion to Increase Business EV Charging

TeraWatt Infrastructure, which constructs electric vehicle charging stations for fleets, has raised more than $1 billion in a Series A round to expand its portfolio of commercial charging hubs. A $100 million seed round from Keyframe Capital and Cyrus Capital, which continued into the current round with Vision Ridge Partners, preceded the most recent capital …

TeraWatt Generates $1 Billion to Increase Business EV Charging Read More »

flair-venture-capital-devcenterinnovation

Smart Vent Startup Flair Receives $7.6 Million in Series A Funding

A smart vent startup Flair has secured $7.6 million in Series A funding to decarbonize buildings Because heating and cooling account for a large portion of the carbon emissions produced by residential and commercial buildings in the United States. Most homeowners don’t have to pay for HVAC consultants, who are frequently used by large businesses …

Smart Vent Startup Flair Receives $7.6 Million in Series A Funding Read More »

Oui-capital-first-closure-$30 million-fund-devcenterinnovation

Oui Capital Completes the First Closure of a $30 Million Fund

Oui Capital, a venture capital firm with a pan-African focus, recently announced the start of Oui Capital Mentor’s first funding, which raised $30 million. Vibe Capital, D Global Ventures, One Way Ventures, Ground Squirrel Ventures, Seth Levine, Ryan McIntyre, and Tokunboh Ismael are a few of the local and foreign investors in the fund. Also, …

Oui Capital Completes the First Closure of a $30 Million Fund Read More »

healthtracka-image-devcenterinnovation

Healthtracka Secures $1.5M in a Fundraising Round

Healthtracka, a Nigerian health technology business, has secured $1.5 million in an early fundraising round. Hustle Fund and Ingressive Capital lead the fundraising effort, and Alumni Angels Alliance, Flying Doctors, and other organizations also contributed. Co-founded by Ifeoluwa Dare-Johnson and Victor Amusan, Healthtracka provides medical lab tests for Nigerians from the comfort of their homes. …

Healthtracka Secures $1.5M in a Fundraising Round Read More »

betastore-devcenterinnovation

$2.5 Million Raised in Pre-series A by Betastore

The Nigerian Business – to -Business retail platform for informal sellers Betastore, has secured $2.5 million at a pre-Series A round of fundraising. The round saw participation from 500 Global, VestedWorld, and Loyal VC. The firm, founded by Steve Dakayi-Kamga and Leo-Armel Tchoudjang in 2020, allows informal merchants to directly purchase rapidly consumer goods (FMCGs) …

$2.5 Million Raised in Pre-series A by Betastore Read More »

Open chat
1
Need Help?
How Can We Help You?