INVESTMENT

Impact investor Acumen has raised an additional $90 million in committed capital for its African agriculture fund, as the vehicle prepares to expand beyond East and West Africa into North Africa

South African startup Cue, a of customer service software, has raised US$5 million in funding to accelerate the development of its AI-powered customer service platform

Travel agency Fora announced a $60 million Series D round led by Forerunner and Tactile Ventures, valuing the company at $1 billion.

Many investors lose money not because the stock market doesn't work, but because they make avoidable mistakes.

David Beckham’s startup IM8 has taken on $1 billion in funding from General Catalyst’s Customer Value Fund (CVF), the company announced on Tuesday.

Compared with H1 2025, when African startups raised $1.47 billion across 301 deals (33 of which did not disclose funding amounts), funding value increased by 7% year-on-year, despite a significant decline in deal activity.

Nous Research, the startup behind the open-source Hermes agent, is finalizing a new round of funding led by Robot Ventures, with significant participation from USV and other prominent investors

Lab-grown diamond jewellery brand Aukera has raised over $10 million in a funding round led by existing investor Alteria Capital. The round also saw participation from InnoVen Capital, Lighthouse Canton and a bank.

Series B focused investment firm The Fundamentum Partnership has launched Fundamentum Fund III with a target corpus of Rs 2,200 crore, including a Rs 400 crore greenshoe option.

Lovable, a Swedish vibe-coding startup, is in talks to raise $300 million at a valuation of $13.2 billion — exactly double the $6.6 billion valuation the company achieved last December

South African startup HyperDev has raised US$1 million in pre-seed funding from a network of venture capital investors from Europe and the UK, as the generative AI software development platform approaches 100,000 users.

Billionaire Jeff Bezos’ space rocket company Blue Origin is raising $10 billion at a $130 billion pre-money valuation from Coatue Asset Management