LATEST ARTICLES

mSurvey raises $3.5m from TLcom Capital-led Series A round, eyes SA market

Nairobi-based mobile survey platform mSurvey has announced that it raised $3.5-million in Series A round led by venture capital firm TLcom Capital. mSurvey CEO Kenfield Griffith told Ventureburn the round was concluded in Q1 this year. Other investors who participated in the round include Net Promoter Score (NPS) co-founder...

African bluechips need to start corporate venture arms to invigorate startup funding

An increasing number of African companies are competing in the global arena. Riding on the wave of growth that has buoyed African markets over the past two decades, companies such as MTN, SABMiller, and Dangote Group have all expanded outside of Africa making flagship...

Facebook’s facial recognition tech could cost it billions of dollars in fines

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If you thought Facebook was already having a bad couple weeks, a federal judge just reminded us that things could get a whole lot worse for the company. A judge in San Francisco ruled Monday that Facebook users in Illinois can proceed with a class...

We Took Apart Some Beats Headphones and Here’s What We Found

It’s nearly impossible to be on a train, fly on a plane or walk down the street without spotting the iconic “b” logo. Beats has been extremely successful in marketing its headphones and now enjoys large market appeal. But with a sky-high retail price...

Sophia the Robot is coming to Africa

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Sophia, the Saudi-Arabian citizen and first Android national in history, will attend Egypt’s Creative Industry Summit from 17th to 18th April in her first appearance on the continent. Sophia, the most advanced robot and first artificially intelligent (AI) robot to be granted citizenship, is coming...

iDrive Now Offers Unlimited Mobile Backup for Life

In 2018, paying for online mobile backup is a given due to the amount of data we store on our phones every day. From photos to videos to private text conversations, our mobile data can be both important and extremely personal — and most backup...

Seedstars winner AgroCenta secures third of $750 000 funding from US investor

Fresh off being named 2018 Seedstars Global winner, Ghanaian agritech startup AgroCenta is hoping to raise $750 000 in funding in a new seed round and has raised about a third of this from a US investor, the startup’s co-founder Michael Ocansey said. Ocansey was speaking to Ventureburn last Thursday...

SA’s Sun Exchange launches SUNEX network token

South African blockchain-based solar micro-leasing marketplace Sun Exchange has launched SUNEX, a new digital network token built for the Sun Exchange platform. Sun Exchange, which secured a US$1.6 million funding round last year, allows members to earn income while helping to bring solar power to developing global...

The billion-dollar, Alibaba-backed AI company that’s quietly watching people in China

Most Chinese consumers have likely never heard of SenseTime. But depending on where they live, it might be looking at their faces several times a day. If a person goes shopping at Suning, one of China’s largest electronics retailers, it’s possible that a camera in...

Netflix Sees Itself as the Anti-Apple

Streaming service Netflix is famous for its unique culture. The most well-known example is the company’s no-vacation policy, which allows employees to take off as many days as they choose, whenever they choose. That policy is just a symbol of a broader attitude in...