Africa's Markets, Startups & Money Moves — Updated Daily

Indian Medtech Startup Bioscan Research Closes $1 Million Seed Round

Mumbai-based medtech startup Bioscan Research has raised $1 million in a seed funding round led by Unicorn India Ventures.

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Vermilion Cliffs Ventures to Back Startups Building in AI Infrastructure, Security, and Dev Tools

Vermilion Cliffs Ventures announced Wednesday the close of a $25 million Fund II. The firm was founded in 2023 by operator-turned-investor Ashley Smith, who runs it as one of the few solo women GPs in venture capital.

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Egyptian Startup Sinai.ai Closes $1.45 Million Pre-Seed Funding Round

Egyptian startup Sinai.ai, which builds interactive AI-native books, has raised US$1.45 million in a pre-seed round of funding

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Nava Raises $22 Million Funding Round

Nava, an AI infrastructure to support enterprise, has raised $22 million in a funding round led by Greenoaks Capital, with participation from RTP Global and Unicorn India Ventures.

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