Energy management software provider, ecoplanet, has made waves in the industry by securing a substantial €16M Series A funding round led by EQT Ventures. This significant milestone not only highlights the company’s growth potential but also underscores the increasing importance of energy efficiency and cost optimization in today’s business landscape. In a world where energy
Milan-based Neuronova is not just another tech startup; it’s a game-changer in the world of artificial intelligence hardware. Imagine a chip that mimics the brain’s neural functions right at the hardware level, revolutionizing the way we approach AI processing. ### The Birth of Neuronova The journey began when CEO and co-founder Alessandro Milozzi ventured into
— Fundment Secures Funding for Growth In a groundbreaking move, Fundment, a cutting-edge tech platform dedicated to simplifying administrative processes for financial advisers, has recently secured an impressive £45 million in Series C funding. The primary investor spearheading this transformative capital infusion is the esteemed Highland Europe, with additional support from ETFS Capital. This substantial
German climate fintech Bees & Bears recently made waves in the energy industry by securing a whopping €500 million in funding for its innovative energy credit platform. The generous investment came from an undisclosed bank located in the DACH region, known for its robust financial services sector. Founded back in 2023 by visionary entrepreneurs Jakob
Safaricom, a leading telecommunications company in Kenya, is gearing up for a groundbreaking move in the country’s digital payment landscape. The company’s renowned mobile money platform, M-Pesa, is set to join forces with the Pesalink network. This strategic integration plan, presented jointly by Safaricom and the Kenya Bankers Association (KBA) to the Central Bank of
Piggyvest, a household name in Nigeria’s fintech industry, has been making waves with its recent achievement of paying out ₦835 billion to customers in 2024. This impressive feat marks a significant milestone as the platform has now surpassed a total payout of ₦2 trillion since its inception. **A Year of Success and Growth** In an
The African continent is a land of vast opportunities, where the evolving landscape of cross-border payments is paving the way for economic growth and financial inclusion. As technology continues to advance at a rapid pace, traditional barriers are being broken down, creating new avenues for businesses and individuals to connect and transact across borders seamlessly.
Logistics & Transport companies often face challenges, and Kobo360, a Nigerian truck-hailing startup backed by Goldman Sachs, recently encountered some stormy weather. In November 2024, the company embarked on a restructuring journey that involved significant layoffs across its operations in seven markets. The decision to cut jobs came on the heels of the departure of
Nigerian cloud providers have been buzzing with activity as Amazon Web Services (AWS) recently announced that they will accept payments in naira. This development has sent ripples through the local cloud market, raising questions about competition and pricing strategies. Let’s dive into the intricate world of cloud computing in Nigeria and explore how local players
Hundreds of thousands of self-proclaimed TikTok refugees have found solace in Xiaohongshu, a Chinese social media platform affectionately dubbed RedNote by its users. With the looming uncertainty surrounding TikTok’s future in the United States, these Americans are venturing into uncharted territory. One user expressed their initial hesitance but embraced the move to RedNote with a