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.
Ghana’s Aya Data gets $900,000 seed round to scale AI-based products
Aya Data raised $900,000 in a seed funding round. The funding round was led by 54 Collective with contributions from angel investors.
