SA Startup CatalyzU is on a Mission to Drive African Startups’ Growth; Applications Close 29 October
- Total funding raised by African founders in the first half of 2023 is down more than 50% compared to the same period in 2022.
- Founders should focus on building a strong network in the VC ecosystem and upskilling their venture skillsets and teams.
- CatalyzU has launched three new experiential fellowships in the Venture Capital and Startup sphere to assist founders and aspiring VCs.
The decline in funding for African founders is concerning and indicates a challenging environment. However, the advice to focus on building networks and upskilling is valuable for navigating the VC investment process. The launch of the fellowships by CatalyzU provides an opportunity for founders and aspiring VCs to gain knowledge and access to a supportive community.
