Fintechs in Africa will surge 8X by 2025

PrivCo's Daily Stack is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.

Download the Free Report Today

August 31, 2022

What We're Reading

NFT Volume Plunges 99% in 90 Days (CoinTelegraph)
Fintech in Africa will surge 8X by 2025 (Bloomberg)
R eality One Ready - Apple's Latest Product (MSN)
Honda, LG Energy Plan $4.4 BN EV Battery (WSJ) EV Battery List
Amazon's Next Steps in HealthCare (CNBC)
Venture Slowdown Not Prompting More M&A (Crunchbase)

Trending Companies

Vilya, a biotechnology company creating a novel class of medicines to target disease biology, raises $50MM Series A from ARCH Venture Partners.

Drug Research • Seattle, WA • Post-Money Valuation

Austin Software, a company that develops hiring software that helps companies hire and manage software engineers, raises $13MM Series A from Greycroft Partners.

Software • Austin, TX • Post-Money Valuation

Limit Break, a company that developed the DigiDaiku NFT collection, raises $200MM Equity Funding from Buckley Ventures.

Web3 • Park City, UT • Post-Money Valuation

Lightnet, a fintech company that helps unbanked and underbanked populations and SME trade finance by building an inclusive international remittance ecosystem, raises $50MM Equity Funding from LDA Capital.

Fintech • Singapore, Singapore

CompScience, a company that developed an AI-powered workplace safety analytics platform, raises $6MM Seed from Preface Ventures.

Artificial Intelligence • San Francisco, CA • Post-Money Valuation

Notation Labs, a company that focuses on developing smart water technology solutions, raises $2MM Equity Funding from undisclosed investors.

Smart Home • Scottsdae, AZ • Post-Money Valuation

MedGenome, a research and diagnostics company with personalized medicine in immuno-oncology, diabetes, ophthalmology, cardiology and other rare diseases, raises $50MM Equity Funding from Novo Holdings.
Drug Research • Foster City, CA • Post-Money Valuation

Somalytics, a company that is developing a patent-pending carbon-nanotube paper composite (CPC) capacitive sensor, raises $1.9MM Seed from IP Group.

Nanotechnology • Redmond, WA • Post-Money Valuation

Privado, a data privacy technology company that offers an open-source static scanning tool that provides privacy and security, raises $14MM Series A from Insight Partners.

Cyber Security • Dover, DE • Post-Money Valuation

Sparkcharge, a company that develops a mobile electric vehicle charging network, raises $7MM Series A from Cleveland Avenue.

Automotive • Somerville, MA • Post-Money Valuation

Since last week, PrivCo has added:
5,573 Companies | 273 Funding Activities | 179 M&A Deals

Alongside, a company that develops a digital platform intended to address mental health crises experienced by students, raises $5.5MM Seed from Trilogy Equity Partners.

Software Development • Seattle, WA • Post-Money Valuation

StarTree, a company that provides a real-time analytics platform, raises $47MM Series B from GGV Capital.

Big Data • Mountain View, CA • Post-Money Valuation

SoMee Global, a company that developed a blockchain technology platform, raises $50MM in Equity Funding from GEM Digital Limited.

Blockchain • Aloha, OR • Post-Money Valuation

RentSpree, a company that develops a rental listing platform intended to connect real estate agents, owners, and renters, raises $17.3MM Series B funding from Green Visor Capital.

Real Estate • Sherman Oaks, CA • Post-Money Valuation

Carbon Counts, a company that developed a gaming software with a play-to-plant trees concept, raises $4.5MM Equity Funding from Borderless Capital.

Games • Cambridge, MA • Post-Money Valuation

Recurve, a platform developer intended as a revenue-grade open-source for the acceleration of the transition to a clean energy economy, raises $18MM Series B from Calpine Energy Solutions.

Platform • Mill Valley, CA • Post-Money Valuation

Olio Health, a company that developed a platform for post-acute care and population health industry, raises $13MM Series A from Fulcrum Equity Partners.

SaaS • Indianapolis, IN • Post-Money Valuation

Meriplex acquires CPI Solutions, a company that provides managed IT, cybersecurity, and network cabling services to businesses.

Information Technology • Camarillo, CA • Deal

Henry Schein acquires Midway Dental Supply, a dental supplier company.

Distribution • Livonia, MI • Deal

Futurum acquires Wainhouse, an independent market research and analyst firm that focuses on critical issues in unified communications.

Communications • Duxbury, MA • Deal