South African insurtech company Naked has raised $38 million in a Series B2 funding round led by BlueOrchard, with strong support from existing investors like Hollard and the IFC.

Billionaires worth a staggering $1.2 trillion, including Elon Musk, Jeff Bezos, and Mark Zuckerberg, attended Donald Trump’s inauguration, underscoring the event’s high-profile allure.

Conservio, a South African travel-booking platform, has raised US$1 million to expand its nature-based travel operations across Southern Africa. Founded in 2020, the platform supports sustainable accommodations while promoting conservation efforts.

FARO, a South African startup, has raised $6 million to revolutionize affordable fashion and combat textile waste across Africa. By leveraging surplus inventory from global brands, FARO offers high-quality, discounted fashion while promoting sustainability.

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