An investment firm backing Sabi, focused on supporting innovative startups in Africa.
Kenyan Electric Mobility Startup ARC Ride Secures $33.3 Million to Scale Battery-Swapping Infrastructure Across Africa
ARC Ride raised $33.3 million in a funding round to expand its battery-swapping network. The funding was led by Novastar Ventures and Norrsken22, with participation from several development finance institutions.
African EV Startup ARC Ride Raises $33 Million to Expand Battery-Swapping Network
ARC Ride raised $33.3 million for expanding battery-swapping stations across Africa. The funding round is one of the largest for an electric mobility company in Africa.
This Kenyan startup wants to rebuild enterprise software around AI agents
Lua raised $5.8 million in seed funding to expand its AI agents platform. The startup aims to shift enterprise AI from assistance to execution.
London Startup Luna Raises $5.8 Million With Aim of Giving Every Business Its Own AI Workforce
Lua closed a $5.8 million seed round led by Norrsken22, with participation from Flourish Ventures and Y Combinator. The funding will be used to expand Lua's developer community and global implementation partner network.
Orca Fraud Secures $2.35M Seed to Bring Real-Time Fraud Intelligence to Emerging Markets
Orca Fraud closed an oversubscribed $2.35 million seed round to scale its platform. The funding round was led by Norrsken22 with participation from OneDayYes, Enza Capital, and CV VC Africa.
