An indept look into Google’s $1billion investment in African Startups. Global Tech giant, Google at the first ever Google for Africa event announced it would invest up to $1billion into the african tech ecosystem over 5 years to support and boost digital growth in Africa. At the virtual event, the CEO of Google and Alphabet, … Read more
African mobility startup, Moove has announced a $23 million Series A to build a full-fledged mobility startup that democratises vehicle ownership across Africa. The round was led by global VC, Speedinvest and New York-based Left Lane Capital. There are a host of other investors who participated including DCM Ventures, Clocktower Technology Ventures, the latest ventures, … Read more
The Nigerian fintech company and “bank of the free” Kuda Bank, announced it has closed a $55 million Series B to push the company’s value to $500 million. The funding was co-led by Valar ventures and Target Global. Other investors that participated include Japan-based Strategic Business Investor (SBI) Investment and past angel investors. Founded in … Read more
African Fintech Company, Flutterwave funding has successfully raised a $170 million Series C. The latest round has now pivoted the payment company’s valuation worth over a billion dollars, becoming the second Fintech Unicorn in Africa in less than 2 years. The Series C round was led by New York-based private investment firm Avenir Growth Capital … Read more
Pre-seed funding is an early stage of financing for startups and businesses in order to help the m develop and achieve its set goals. Most individual entrepreneur or startup provide the first funding before friends, family and well wishers. However some Nigerian tech startups has turned to raising pre-seed funding as a means of moving … Read more