In 2019, there were at least 250 rounds of equity investment above $200,000 into African tech startups. These funding rounds involved 234 startups raising a total of US$2.02 Billion in equity according to a funding report by Partech Africa, an Africa-focused venture capital fund. This represents a 550% increase in Africa’s equity funding receipt over the […]
Sendy, a Kenyan startup that facilitates on-demand delivery services, has closed a $20 million Series B round, TechCrunch reports. Founded in 2015 by Meshack Alloys, Evanson Biwott, Don Okoth, and Malaika Judd, Sendy is an online platform for connecting entities (people and companies) who need to move goods, with willing movers. Vehicle owners can become […]
