Browsing Tag
Seed Funding
15 posts
Startup Funding Rounds Explained: A Practical Guide for Founders
This practical guide explains pre-seed through late-stage funding rounds, what investors expect at each stage, typical check sizes, and negotiation tips. It includes regional context and links to TechCity coverage for founders in Africa and beyond.
Bolt Nigeria gives £25,000 seed funds to 10 drivers
Bolt Nigeria has concluded the first edition of its Bolt Accelerator Program with an awards ceremony recognising the…
Burning through investors’ money: African startups raising too much or too early?
It is difficult to predict how an investment will perform. However, due to mismanagement, financial impropriety, unpreparedness, and…
Traction raises $6 million to accelerate growth and expand operations
Led by Multiply Partners, Ventures Platform with support from P1 Ventures and other investors, the fund will aid Traction in driving expansion, accelerating growth, and strengthening its team.
Moniepoint denies acquiring PayDay, clarifies position
Moniepoint and PayDay have denied reports of a planned acquisition. Days after TechCity reported that PayDay, Rwanda based neobank…
Kenya HR startup, Workpay secures $2.7million funding
Workpay enables employers to seamlessly track and manage their employees' time and attendance and leave days, and pay them wherever they are into any account they choose.
Seedstars launches program for women-led startups and organizations that support women entrepreneurs in Africa
This collaboration between African Development Bank and Seedstars is expected to support 88 organizations reaching 540 WSMEs across 11 countries.
NowNow raises $13M in seed funding to promote financial inclusion across Africa
NowNow plans to expand services and partnerships across Africa Fast-growing Nigerian fintech startup, NowNow Digital Systems has raised…
Duplo secures $4.3 million seed funding to transform business-to-business payments in Nigeria
Duplo, a business-to-business payment platform that makes it easier for African businesses of all sizes to pay each…
OnePort 365 secures $5 million seed funding to digitize freight management in Africa
OnePort 365, a digital freight forwarding company that makes it easier to move cargo to, from and within…