Category: Success Stories

Yassir pulls in $150M for its super app, led by Bond

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Yassir, an African super app platform that offers on-demand services such as ride-hailing, food and grocery delivery, and payments, has raised $150 million in Series B funding, five times what it raised in its previous priced round last November.  The investment was led by Bond, the growth-stage firm that Mary Meeker spun out of Kleiner Perkins in 2018. Other investors in the growth round include DN Capital, Dorsal Capital, Quiet Capital, Stanford Alumni Ventures and Y Combinator via its Continuity Fund, among other strategic investors.  The African startup, first launched in Algeria,…

Tunisian ‘Cure Bionics,’ chosen to receive funding from pan-African ‘Investing in Innovation’ program.

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Cure Bionics, a Tunisian startup that creates bionic arms (prostheses) using 3D printing technology, has been chosen to receive funding from the pan-African Investing in Innovation (i3) programme, supported by the Gates Foundation, along with 29 other top African startups that have an impact on the healthcare supply chain. The business is also creating therapeutic applications for persons with disabilities utilizing immersive technologies, enabling them to receive care without having to visit a clinic. The Bill & Melinda Gates Foundation-funded i3 program seeks to invest in the most promising African…

Drinking water-Technology: Tunisian start-up partners with NGO to provide 570 students with drinking water in northwest Tunisia

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Tunisian start-up “Kumulus Water” has provided assistance to a school deprived of drinking water in Makhtar in the region of Siliana (north-west of Tunisia) through a technical solution “Kumulus 1”, designed to generate water from the ambient air. It came to support its expertise in water technology, the efforts of the Tunisian NGO “WallahWeCan”, which campaigns for the improvement of living conditions of students in schools and educational environments in Tunisia, especially in disadvantaged areas. Thanks to atmospheric water generators, each producing 20 to 30 litres of healthy drinking water…

Blue Jay Communication knowledge partner for Africa Fintech Summit

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Leila Ben Hassen Founder & CEO of Blue Jay Communication announced on Social media that her agency is assigned to be a Knowledge Partner of Africa Fintech Summit 2022 due to be held on April 21. Leila Ben Hassen has more than 15 years’ experience working in communications, business development and media in Africa. She established Blue Jay Communication in December 2017, as a ground-breaking communications agency specialising in Africa and driven by a clear objective: to accelerate change and help foster new opportunities for Africa’s vibrant youth. Leila Ben…

InstaDeep raises $100 million from the world’s largest investors

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Tunisian startup InstaDeep announced, January 25, 2022, that it has raised $100 million and closed a Series B round that was led by DeepTech investment firm Alpha Intelligence Capital, accompanied by CDIB. Investors in this round include some of the world’s largest investors, namely BioNTech, Chimera Abu Dhabi, Deutsche Bahn Digital Ventures, Google, G42 and Synergy. “We are very happy with the calibre of investors. We want to show them that we are truly trustworthy and that we can work together to change the world,” said Zohra Slim, co-founder of…

BioNTech and InstaDeep Successfully Tested Early Warning System to Detect Potential High-Risk SARS-CoV-2 Variants

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Tunisian artificial intelligence company InstaDeep and German biotech firm BioNTech have developed an early warning system to detect potential high-risk variants of the Coronavirus, according to a joint statement published Tuesday by the two companies on their websites. According to the statement, the early warning system uses a combination of artificial intelligence and structural modelling of the Spike protein to detect and monitor high-risk variants of the SARS-CoV2 virus, identifying more than 90 % of these variants within two months of their receipt from the World Health Organization. This system…

Tunisia: “Thuccabor” organic olive oil wins gold medal in Italy

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The organic olive oil of the brand “Triumph Thuccabor” of Ben Ismail Domain (Beja governorate) won, on Tuesday, the “Extra Gold” medal at the international competition “BIOL NOVELLO 2021”, held in Italy. “Triumph of Thuccabor” is produced on the farm of Ben Ismail located in Toukaber in the delegation of Medjez El Bab (governorate of Beja). Thuccabor is the Roman name of the locality of Toukaber. Maher Ben Ismail, a member of the family that owns the farm, said on social media that this competition, organized by the Italian Ministry…

Tunisian olive oil “Triomphe Thuccabor” of Ben Ismail domain wins gold medal at ONH competition of best Tunisian virgin olive oil

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The organic olive oil Triomphe Thuccabor of the Domaine Ben Ismail won the Gold medal at the competition of the best Tunisian virgin olive oil (in the intense green fruity category) organized by the National Oil Office and sponsored by the International Olive Council (IOC). “Our organic family brand Triomphe Thuccabor from Ben Ismail Reserve won the GOLD medal at the competition of the best Tunisian virgin olive oil (intense green fruity category) organized by the National Oil Office, sponsored by the International Olive Oil Council (IOOC),” co-founder of the…

Tunisia: Civilian parachuting in Tozeur, a premiere in Tunisia

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SKYS Tunisia made it now possible to experience the sensation of a parachute jump in the middle of the desert. In this first edition, which started on October 27th and will continue until November 30th, the parachutists have settled in the city of Tozeur. Organizer and founder of this incredible experience is a Tunisian-Canadian, Hedi Abada, who was able to learn this extreme sport in Canada, where he has been living for about fifteen years. He was able to bring experienced parachutists from all over the world to assist adrenaline…

Tunisian olive oil Triomphe Thuccabor keeps on accumulating successes with Gold at JOOP competition

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After its recent gold medal award at the Berlin Global Olive Oil Awards (Berlin GOOA), Tunisian olive oil brand Triomphe Thuccabor distinguished itself during the Japan Olive Oil Prize (JOOP) by winning another gold medal. Maher Ben Ismail olive grower of the Ben Ismail family Farm proudly announced the performance of their organic brand Robuste Triomphe saying “with great pride we announce the new award for our organic brand Robuste Triomphe”. “This time the gold award in the organic category is at the international competition of the best olive oil…