M&As, Funding & Investments
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South African watertech start-up Kusini Water receives funding from Vumela Fund
SOUTH AFRICA – The FNB Business and Edge Growth investment vehicle Vumela Fund has announced a new deal with Gauteng-based clean watertech start-up Kusini Water.…
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Nigerian agribusiness company Johnvents Industries inaugurates US$36m cocoa processing facility
NIGERIA – Johnvents Industries Limited, Nigerian agribusiness firm, has commissioned its upgraded N15 billion (US$36m) cocoa processing plant in Akure, Ondo State. The new factory…
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The Every Company raises US$175M to expand portfolio of animal-free protein products
USA – The Every Company has raised US$175 million in a series C funding round to scale production, commercialize a strong pipeline of animal-free protein products and expand…
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AB InBev’s venture arm ZX Ventures backs SA alcohol free drinks company The Duchess
SOUTH AFRICA – AB InBev’s corporate venture capital and innovation arm ZX Ventures has partnered with Rand Merchant Bank (RMB) to clinch an equity stake…
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Zikooin raises US$23m to fund construction of new plant-based factory in South Korea
SOUTH KOREA – Zikooin, one of Asia’s leading plant-based startups, has raised US$23 million in a new funding round to fuel the construction of its…