Seventh Kenya tech start-up goes under on lack of funding
Zumi, an e-commerce platform dealing with non-food commodities, has shut down after funding dried up.
Source: businessdailyafrica.com
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Start-up closures leave trail of job losses in 2022
At least six Kenya-based start-ups closed shop this year due to a number of threats, including lack of financing and pandemic woes.
Source: businessdailyafrica.com
👨🏿‍🚀TechCabal Daily - Uganda in space
Uganda has gone into space, and it plans to create human organs there.On Monday, Uganda launched its first-ever satellite, the PearlAfricaSat-1, into space where the country plans to 3D print human tissue. More in #TCDaily.
Source: techcabal.com
After laying off 30% of its workforce, Sendy receives funding from Japanese VC MOL PLUS
The funding negotiations with MOL PLUS appear to have coincided with Sendy’s aggressive cost-cutting over the last three months.
Source: techcabal.com
Why six Kenyan promising tech start-ups fell in quick succession
Kune Foods, Notify Logistics, WeFarm, Wasoko, Sendy and Sky-Garden have shut down in quick succession in just four months to October.
Source: businessdailyafrica.com