South African fintech startup TurnStay has raised over R34m in a seed funding round to scale its cross-border payments platform for the travel and tourism industry. The round was led by First Circle Capital, with participation from investors including TLCom Capital, Enza Capital, Incisive Ventures, CVVC, and Equitable Ventures. Tackling cross-border payment inefficiencies TurnStay helps…

New investment supports expansion of platform that puts worker satisfaction and growth at the center of business success Conduit, a workforce management platform reimagining frontline scheduling and training for the modern workforce, announced today it has secured $375,000 in funding from the Richard King Mellon Foundation. With this new funding, Conduit will launch integrations with major…

Marginum has developed HIVEN®, a fluorescence-based tissue monitoring device, to enable safe and efficient brain tumour detection. The company secured €2.5 million in Pre-Series A funding to gain U.S. Food and Drug Administration (FDA) clearance for its flagship HIVEN® device and accelerate its international launch. The HIVEN® device assists surgeons in detecting fluorescent tumour cells…

Fahy Studios, a Saudi Arabian mobile game developer, has completed a $1.75 million funding round led by Impact46 and Merak Capital. The investment will accelerate the studio’s development of hybrid casual games designed for global audiences. The Riyadh-based company emerged in early 2023 under the leadership of co-founders Hani Hashem, Owis Alsaour, and Fahad Alshibl. Within months of its formation, the…

Archestra, a platform which enables companies to securely use AI agents and connect them to internal data sources safely, has raised $3.3m pre-seed funding in a round led by Concept Ventures. The over-subscribed raise closed in less than two weeks. Led by Concept Ventures, the round was joined by Zero Prime Ventures, Celero Ventures, RTP Global and Aloniq. Angels include: Max Hauser (Managing Director…