News

Kenyan electric mobility company Arc Ride has raised $33.3m in a funding round led by Novastar Ventures and Norrsken22, capital it will use to expand its battery-swapping network across sub-Saharan Africa and enter the South African market.

French AI lab Mistral AI on Tuesday said it has raised €3 billion (about $3.58 billion) at a post-money valuation of more than €21 billion (about $24.39 billion), confirming earlier rumors.

Ugandan artificial intelligence (AI) startup SANDI AI Technologies has emerged Grand Prize winner of the GoGettaz Agripreneur Prize 2026, receiving US$50,000 in growth funding for its innovative approach to improving access to finance for farmers across Africa.

Applications are now open for the Harvard Environmental Fellows Program 2027, a two-year fellowship for recent doctorate recipients interested in advancing environmental research in collaboration with Harvard faculty.

Nigerian startups Trade Lenda and AirSmat have raised a combined US$450,000 from the Africa Ecosystem Catalysts Facility, a US$4 million pilot investment facility aimed at identifying founders often overlooked by traditional investors

President Donald Trump on Monday said Bombardier, a Canadian airplane manufacturer, must build its products in the U.S. in order to keep selling in the American market.

European Commission President Ursula von der Leyen on Monday announced a fresh funding boost for Greenland, seeking to shore up Arctic ties with the self-governing Danish territory

Saudi Arabia’s Public Investment Fund (PIF) announced on Monday the launch of Gulf Coast Real Estate Development, a company that will develop an integrated tourism and residential destination along the Arabian Gulf coast

Swish is raising fresh capital from Bertelsmann India Investments, adding a new institutional investor to its captable. The round comes just months after its last fundraise

Bengaluru-based space-tech startup Pixxel has raised $100 million in its Series C funding round co-led by Temasek and Seraphim Space.

Women’s wellness brand Nua has raised $50 million in its Series C funding round led by Peak XV Partners and Filter Capital, with participation from existing investors Mirabilis Investment Trust and Footpath Ventures.

Bengaluru-based workforce accommodation startup HerSpace Manufacturing has secured a fresh capital commitment of $40 million from existing investor Gray Matters Capital (GMC).