25 AFRICAN STARTUPS POISED TO RESHAPE CONTINENT IN 2026
■ AI-SUMMARIZED FROM 2 SOURCES ▸ TIMELINE
Bloomberg has identified 25 African startups tackling infrastructure gaps and systemic failures across the continent. The companies span from Egypt to Mauritius, addressing critical challenges in fintech, healthcare, and beyond.
■ MORE FROM THE STARTUPS DESK
Khosla Ventures-backed Mazama Energy secured $135 million in funding to advance enhanced geothermal systems (EGS) technology that taps superhot rock three miles underground.
Bain Capital Ventures has secured $1.6 billion to fund early-stage companies building artificial general intelligence and the infrastructure to run it. The fund targets founders developing core AGI technologies and efficiency-focused systems.
Europe's new technology fund is in talks to invest in ElevenLabs Inc., a UK-based artificial intelligence startup. The funding would mark a significant backing for the AI company from a major European institutional investor.
Pulley, a cap table management startup backed by General Catalyst, Stripe, and Founders Fund, is closing operations in December.