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The Agricultural Research Council (ARC) has defended expenditure of more than R81 million on its proposed foot-and-mouth disease (FMD) vaccine manufacturing facility, saying the money was spent on vaccine development, technical planning, and regulatory requirements over a period of more than 15…
A market selloff is forcing companies driving the global AI boom to delay fundraising plans or pay more for capital as investors demand proof they can absorb rising interest rates and computing-power costs.
The Department of Land Reform and Rural Development will provide R500m in grant funding to the Land Bank’s Blended Finance Scheme for qualifying emerging and developing farmers for the remainder of the 2026/27 financial year.
The results come as global AI stocks struggle with rising bond yields, oil-driven inflation and funding concerns surrounding companies such as CoreWeave.
EZ Bombs Raises $25 Million for Retail Expansion EZ Bombs has raised $25 million in Series A funding to accelerate its growth across the United States. CAVU Consumer Partners led
Duvo Raises $32 Million to Accelerate Enterprise Expansion Duvo has raised $32 million in Series A funding to accelerate its enterprise AI automation strategy. Balderton Capital led the round, with
Most small- to medium-sized enterprises (SMEs) are very cautious about not only applying for funding but also applying for additional funding. This is usually because…
Communications Minister Solly Malatsi wants the SABC's new funding model to be submitted by 31 March 2027, after which the final SABC Bill must be submitted to Parliament.
Albert Raises $55M to Advance Chemistry-Native AI Albert has raised $55 million in Series B funding to advance artificial intelligence for scientific research. TCV led the round, attracting new investors
South Africa’s small and medium-sized businesses have more funding providers to choose from than they did a few years ago, but access to finance remains a challenge.
The shortfall forms part of a $209bn capital deficit across five African economies, with researchers calling for more accessible funding to help businesses expand.
For decades, public perception of healthcare funding has centred on a safety net for the unexpected, covering an emergency appendix removal, a sudden broken bone, or a bout of acute pneumonia.
Scarlet Raises $50M to Expand Medical AI Certification Scarlet has raised $50 million in Series B funding to expand its medical device certification platform. Headline led the round, with Notion
South Africa’s wine industry researchers achieve a great deal with substantially less funding and capacity than their international counterparts. Broader funding sources, coordinated research programmes and producer involvement could help the industry build on this foundation.
Meanwhile Raises $37.5M as Global Demand Grows Meanwhile has raised $37.5 million in new funding from its existing investors. Bain Capital Crypto led the round alongside Haun Ventures, Framework Ventures
VEIR Targets AI Data Centre Power Demands VEIR, a US-based power technology company, has raised $110 million in Series C funding. Matter Venture Partners and Tyche Partners co-led the oversubscribed
Fortastra Builds Spacecraft For Orbital Security Fortastra, a California-based space technology company, has raised $30 million in Series A funding. First In led the round with participation from Upfront Ventures,
South Africa’s red meat industry needs sufficient funding, changes in state animal health management, and stronger farmer participation if it is to achieve its growth ambitions. This was according to speakers at the Road to Recovery event at Nampo Alfa on 2 October.
Stuut Automates the Full Order-to-Cash Process Stuut, a New York-based AI finance platform, has raised $52.5 million in Series B funding. Insight Partners led the round with participation from Andreessen
Teddy AI Targets a Large Legal Services Market TeddyHoldings.AI, formerly known as Teddy AI, has raised $60 million in Seed funding. The New York City-based company provides compliance and client-focused
Valon Raises $150M at $2.3B Valuation Valon has raised $150 million in Series D funding at a $2.3 billion valuation. The round doubles the company’s previous valuation. New investor Ribbit
SignSplit Secures $400M Strategic Seed Funding SignSplit has secured $400 million in strategic seed financing from W Group. The financing values the company at $1 billion. The round also includes
South Africa’s red meat industry has no shortage of plans, structures or committed people, yet weak coordination, inadequate funding and poor implementation continue to hamper efforts to turn strategy into results.
UK embodied-AI startup Extend Robotics has closed a £2.6 million early-stage funding round to scale its Result-as-a-Service model across European industrial sectors. Skyworks Venture Capital Fund led the round, with
British aerospace startup Certo Aerospace has secured £5 million in an early venture capital round to accelerate the development of its Capstone autonomous heavy-lift aircraft. The funding arrives after three
Homeward Secures $120M Series D Funding Homeward has secured $120 million in Series D equity financing. The company also secured $330 million in asset-backed debt facilities. The new capital will
South Korean defence components manufacturer Digitron has secured roughly US$8.38M in a Pre-IPO funding round. Six institutional investors participated, including SBI Investment, IBK Venture Investment, New Main Capital, Cornerstone Investment