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Browsing: African startups funding
- Launch Africa has been the most active investor in African startups according to research firm Africa: The Big Deal.
- Since its launch in mid-2020, the firm has invested over $31 million through 133 deals, at a rate of more than a deal a week on average. All but four of these deals (97 percent) were between $100,000 and $300,000, with a median cheque of $250,000.
- Launch Africa has been investing heavily in fintech with 42 deals (32 percent) totaling $11 million across 13 markets, including 13 fintech transactions in Nigeria alone.
Launch Africa has been the most active investor in African startups according to research firm Africa: The Big Deal.
Since their launch in mid-2020, the company has invested over $31 million through 133 deals, at a rate of more than a deal a week on average. All but four of these deals (97 percent) were between $100,000 and $300,000, …