SpaceX is in the final stages of certifying a second pad for astronaut launches, which should ease launch site congestion and help the company scale the number of humans it sends to space. SpaceX has performed 13 crewed missions, and all of them launched from Launch Complex 39A at NASA’s Kennedy Space Center. It’s the […]
AirMyne taps geothermal energy to scale direct air carbon capture
Sometimes insurance isn’t just money. Sometimes it’s equipment. That’s one way to think about direct air capture, a technology which uses machines to pull carbon dioxide straight from the atmosphere. The idea has been floating around for years, but it received a surge of interest in the wake of a 2022 report by the UN […]
Nigerian fintech Zone raises $8.5M seed to scale its decentralized payment infrastructure
African financial institutions typically scale their solutions using a mix of local and foreign tech. Appzone is one of the standout local fintech software providers for banks and fintechs, providing better pricing and flexibility. For over a decade, the Nigeria-based Appzone has functioned as an enabler (at payment rails and core infrastructure) within banking and […]
Hohm Energy to scale adoption of rooftop solar across South Africa, backed by $8M seed
In the face of South Africa’s worsening energy crisis, marked by increasingly severe power shortages, implementing daily electricity rationing has become imperative to avert the risk of a nationwide grid collapse. According to the state-owned power generator Eskom, the country witnesses a significant power deficit, surpassing 6,000 megawatts on occasion. This situation is similar in […]
Roam raises $24M to scale electric vehicle production in Kenya
Roam, an EV startup based in Kenya, has raised $ 24 million in a Series A round, including up to $ 10 million debt commitment from the U.S International Development Finance Corporation (DFC), to scale the production of electric motorcycles and buses. Equator, an Africa-focused climate tech VC fund, led the round, which also had […]