South African VC firm Knife Capital has launched a second section 12J venture capital fund, KNF Ventures II in a move to encourage fresh investors to engage in this alternative asset class.
Pula, an African InsureTech service provider startup that specialises in digital and agricultural insurance to derisk millions of smallholder farmers across Africa, has closed a $6mn Series A fundraise.
54gene has unveiled its new lab in Lagos State, Nigeria, capable of human whole-genome sequencing and a variety of other scientific investigations. Hosting a suite of world-class molecular genomics capabilities, including the Illumina Novaseq 6000 and NextSeq 550Dx the lab is part of 54gene’s mission to enable Africans to conduct genomics research and will be fully operational from January 2021.
Egyptian healthtech startup VRapeutic has joined the MakerLaunch accelerator program at the University of Ottawa, bringing it closer to expanding into the Canadian market.