So the third myth that I need to debunk about venture capital funds is that VCs just keep giving money. Once you raise a first check, they'll indefinitely fund you. The thing that you need to know about this is, fortunately, unfortunately, that's not the case. I say fortunately, because VCs have a…

The second myth debunk is that VC funding is free money. Please, it is not. It's more expensive than debt. It's more expensive than the money from your customers. As a wise woman once said, the founder of SheCluded actually was the first woman to say this, the sweetest money you will ever know…

The startup ecosystem in Africa is at an exciting phase right now with deals and many more activities happening at a pace that is amazing to watch. This is a great time for us here at Ingressive Capital to make investments, backing the next generation of African unicorns, while staying committed to being the most…

On the 15th of November, 2021 Ingressive Capital announced its investment in Aboki Africa , a fast-growing startup improving convenience around the transfer and exchange of foreign currencies. This particular investment was exciting for the VC firm as the founders were alumnus of CRUTECH, an Ingressive4Good’s campus ambassadorship program. This startup was born out…

Y Combinator is an American technology startup accelerator that launched in March 2005. It has been used to launch more than 3,000 companies, including Stripe, Airbnb, Cruise, PagerDuty, DoorDash, Coinbase, Instacart, Dropbox, Twitch, Flightfox, and Reddit. However, of all the companies getting into YC, only 2% of African Founders have been able to make…

Kenyan startup Alvin, a smart money manager app that helps people align their daily spending around savings goals, has raised a US$740,000 pre-seed funding round as it continues to hone its product, which is in the private beta phase. Formed in May of last year, Alvin is a smart money manager app that uses automated budgeting, personalised…