An expense management startup co-founded by Jouini and Othmani, known for its significant acquisition by Medius.
Karim Jouini Returns to Tech Scene with Thunder Code, a Revolutionary AI-Powered Software Testing Platform
Karim Jouini and Jihed Othmani have launched Thunder Code, a generative AI-driven software testing platform. The startup has secured $9 million in seed funding.
One of Africa’s most successful founders is back with a new AI startup and already raised $9M
Karim Jouini and Jihed Othmani sold Expensya to Medius in a notable acquisition for over $120 million. The founders vowed to avoid future startups but were drawn back by the potential of generative AI.
African ‘gender equal’ VC Janngo Capital closes second fund at $78M
Janngo Capital closed its second fund at €73 million, 20% more than its initial target. The first close of the fund was marked at €34 million in 2022.
From InstaDeep to Paystack: Here are Africa’s biggest startup exits and how much they raised
Decline in venture investment within startup ecosystem linked to lack of exit volume and value. Number of M&A exits in Africa dropped in 2022, alongside a decrease in venture capital investment.
US HR firm Deel acquires PaySpace, a 20-year-old SA payroll provider
Deel is acquiring PaySpace, an Africa-based provider of payroll and HR software. This is the largest acquisition made by Deel and solidifies its presence in Africa.
