Tech in Africa
Adbot, an SA-based online advertising startup has completed a $500K funding round by Engyma Ventures. The funding will be channeled to expand the user base.
Through machine learning and automation the company creates Google Ad accounts that help clients set up adverts within 10 minutes. Adbot provides automated campaign management by providing cutting-edge machine learning technologies for small businesses. Adbot offers affordable and vital services that enable small businesses to expand their online presence while reaching out to new customers.
The investment comes from Enygma Ventures which was launched in 2019 has a $6.8 million funding investment fund targeting female entrepreneurs and women founders that is focused on Southern and Eastern Africa. Enygma Ventures is a female-focused fund with decades-worth of experience in growing and scaling businesses.
