Startup Ada Animation secures pre-seed funding from Unicorn Group to enable growth & expansion

KENYA – Ada Animation, an entertainment tech company, has announced a pre-seed capital raise from Nigerian venture capital firm Platform Capital through its technology firm Unicorn Group. The investment is set to elevate entertainment companies in Africa as potential partners in the VC investments realm. Founded in 2020, Ada Animation was born out of the desire to build capacity in the animation industry, tell animated African stories and catalyze the animation industry for growth. The company produces content in 2D and 3D animation, motion graphics, whiteboard animation, VFX, content creation, character design, voiceovers,…

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VC fund Antler East Africa set to receive US$2m from IFC for pre-seed investments

KENYA – Antler East Africa, a start-up generator and early-stage venture capital fund based in Nairobi is set to get US$2 million from the International Finance Corporation (IFC) for investments in pre-seed opportunities in East Africa and beyond. The global venture capital fund has invested in more than 200 startups throughout the world. Some of its Kenya office advisors are Ory Okolloh, a director at brewing giant East African Breweries and Managing Director at Luminate Group and Peter Njonjo, Co-Founder and CEO of Twiga Foods. The Nairobi based Venture firm…

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Delivery platform Tayary secures pre-seed investment from Angel investors

EGYPT – Tayary, an online logistics and delivery platform, has secured pre-seed investment from AUC Angels, Alex Angels, and Cairo Angels. Launched in 2017, Tayary is a multifaceted online platform that facilitates order delivery through both B2B and B2C models. The Alexandria-based startup has developed its own order-tracking feature in-house, allowing businesses and individuals to send and receive deliveries in an affordable and efficient manner. The startup’s current services include online food ordering, B2B delivery services, and grocery and pharmacy deliveries. During the lockdown initiated in Q2 of 2020, Tayary…

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