54 Collective To Shut Down Venture Studio in Africa
54 Collective will shut down its venture studio operations in Africa after April 30, 2025. The firm has backed over 40 startups and created more than 17,500 jobs through its programs.
Investors in African startups drop to lowest numbers since 2021, says report
Number of investors in financing deals over $100,000 dropped to about 520 in 2024 from over 850 in 2021. Active investors participating in more than ten deals of $100,000 fell from 28 in 2022 to 8 in 2024.
Billboxx secures $1.6 million pre-seed funding
Billboxx raises $1.6 million in pre-seed funding. Billboxx aims to help SMEs tackle cash flow challenges.
Nigerian Fintech Billboxx Secures $1.6M Pre-Seed to Solve SME Cash Flow Woes
Billboxx raised $1.6 million in a pre-seed funding round. Funding sources include Norrsken Accelerator, Kaleo Ventures, and others.
Nigerian fintech Billboxx raises $1.6 million in pre-seed from Norrsken, 54 Collective
Billboxx raised $1.6 million in pre-seed funding. Funding was sourced from Norrsken Accelerator, Kaleo Ventures, 54 Collective, P2Vest, and Afrinovation Ventures.
