by ITC Admin | Aug 1, 2022 | Investment News, July 2022, Middle-East & Africa
South Africa has a new insurtech player. Ctrl (Co-Founded by Pieter Venter) has been boosted with $2.3 million from Naspers Foundry (CEO, Phuti Mahanyele) to help scale its operations. With the intention of providing customers more...
by ITC Admin | Aug 1, 2022 | Investment News, July 2022, Middle-East & Africa
Some great (although non-insurtech specific news) in Africa as the tech accelerator Catalyst Fund has been given $3.5 million to back young start-ups and boost innovation efforts taking place in the continent. We’ll be seeing some support for underserved and...
by ITC Admin | Aug 1, 2022 | Asia Pacific, Investment News, July 2022
Sydney’s Upcover has involved a host of names in their latest funding round, with QBE, Antler Australia and Betterlabs all coming together to lump up. $2.7 million of the total is equity while $2 million is debt. Skye...
by ITC Admin | Aug 1, 2022 | Asia Pacific, Investment News, July 2022
Membership-based Rey Assurance, founded by Rey Tanatogono, has received $4.2 million from Genesia Ventures to tackle its goal of “eliminating paper-based processes”. Good for the planet; good for efficiency. Using a combination of big data...
by ITC Admin | Aug 1, 2022 | Investment News, July 2022, North America
Not to be outdone by Wefox and YuLife, Coalition Inc managed a hefty raise of their own this month. Providing cyber protection for businesses, Allianz X (CEO, Dr. Nazim Cetin)has thrown its backing behind the San Francisco-based start-up having almost tripled its...
by ITC Admin | Aug 1, 2022 | Investment News, July 2022, North America
Sticking with the artificial intelligence theme, Zesty.ai (Founder and CEO, Attila Toth) has closed $33 million in funding led by Centana Growth Partners. They will have been on many insurance professionals’ respective radars, having increased...