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…
On the very first day in the month of December, we will be presenting a gift to every stage founder. You don’t want to miss the practicalities around ways to get early-stage investors to fund your business. Networking Opportunities The phrase, your network is your net worth is one that never gets old.…
With the rapid growth and evolution in technology, there has been an uprise of innovative ideas and creations. Mecho Autotech announces a progressive partnership with Ingressive Capital, a VC targeting tech-enabled startups. This partnership will positively impact the technological growth of the automobile sector in Nigeria. It is a great move to improve the certainty…
Lagos, Nigeria 11 November 2021 - Ingressive Capital invests in a resilient early-stage startup, Aboki Africa despite the ongoing threats and structural challenges against Fintechs in Nigeria. Just recently, threats directed at one of the most popular platforms collating the black market foreign exchange rates in the country by one of the largest bodies…
Africa’s technology sector represents one of the highest-growth areas for venture capital investment -- investment into the region increased 74% in 2019 and more than doubled in 2020 but still, there exist a funding gap. To this we had experts in the industry such as Abasi Ene-Obong of 54gene, Damilola Teidi of CC Hub, Uwem…