With $3M new funding, Egyptian startup OneOrder sets out on growth drive

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OneOrder, Egypt’s supply chain solutions provider for restaurants, has raised $3 million seed funding led by Nclude with participation from A15, and Delivery Hero Ventures. The latest funding brings the total funding raised by the startup to $10.5 million, including $6.5 million working capital financing from financial institutions. Launched in March this year, OneOrder makes … Read more

Partech raises fourth seed fund

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French VC firm Partech has closed another seed fund dedicated to early-stage tech startups — the fund is called Partech Entrepreneur IV. This time, Partech has raised €120 million. It represents $124 million at today’s exchange rate. In 2020, Partech raised $100 million for Partech Entrepreneur III. At the very end of 2016, Partech raised $107 … Read more

Social commerce startup Kapu, by ex-Jumia executive, comes out of stealth with $8M funding

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Kapu, a social commerce startup, coming out of stealth today having raised $8 million seed funding, is hoping to help lessen the burden of buying food for Kenyan consumers, many of whom are grappling with the sky-rocketing food prices. Kapu founder, Sam Chappatte, an ex-Jumia executive, said the startup has since inception in January this … Read more