News & Updates

Stay updated with the latest news, press releases, and developments from Innobid as we work to create more inclusive and transparent procurement systems.

FasterCapital Backs Innobid's AI-Powered E-Procurement Solution to Boost Market Access
Press Release
Featured

FasterCapital Backs Innobid's AI-Powered E-Procurement Solution to Boost Market Access

July 6, 2025
Innobid Team
Innobid Press Release

Innobid, a pioneering AI-enabled e-procurement tech startup focused on enhancing transparency and equity in procurement, today announced a strategic partnership with FasterCapital through its LaunchUp program. This collaboration aims to accelerate Innobid's market entry and scale its innovative solution across government, private, and global development sectors.

Young entrepreneurs tackle corruption in Kenya
Article

Young entrepreneurs tackle corruption in Kenya

November 20, 2024
Ye! Community
International Trade Center's Ye! Community

A feature article highlighting how young entrepreneurs, including Innobid's founders, are leveraging technology to combat corruption in procurement processes across Kenya.

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