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Last week, African startups and investors witnessed significant funding milestones, showcasing the ecosystem’s resilience and growth potential. From Nigeria’s Billboxx securing $1.6M to Senegal’s Eyone raising $1M for healthcare solutions to the REPP 2 Fund’s remarkable $107M first close, these developments signal a strong trajectory for innovation and impact-driven ventures across the continent. Here’s a […]
AU Startups·12/13/2024
100 Ventures
100 Ventures is an Egyptian venture capital firm that participated in a seed round for Glamera, an Egypt-born SaaS startup providing B2B services to beauty and lifestyle service providers and a B2C marketplace for consumers to find and book sessions with such providers. The funding will be used to continue developing and launching new services, as well as expanding into additional GCC markets.
1984 Ventures
1984 Ventures invests in early-stage startups, as evidenced by their participation in pre-seed and seed rounds. They co-invested in Sylndr's $12M pre-seed round. The firm appears to be sector-agnostic, with investments spanning e-commerce, automotive marketplaces, and other industries within the African tech ecosystem.
212
212 invests in companies like Flow48, a fintech company that leverages AI-powered data analytics and risk assessment to provide alternative financing solutions for SMEs across emerging markets. Through its platform, the company offers revenue-based financing and embedded finance solutions, allowing businesses to access capital without diluting ownership.
212Founders programme
212Founders is an accelerator program that invests in early-stage startups. They provide resources and mentorship to help startups grow and scale their businesses. They invested in Crealo, a copyright management solution for cultural and creative institutions.
