Africa focused Aidi, led by a group of female innovators, has increased its early-stage accelerator support fund to $1.5 million.
Aidi provides an avenue for startup founders to gain access to service and equity-based perks from global business angels and corporates.
With 214 verified members, including Termii (YC W20), Payhippo (YC W21), Dash (Techstars 21), Raise (500 Startups 21), Moni (YC S21), Bumpa and others, the community-driven venture support platform ascends on this new development due to the increase in applications from founders.
This includes the need for equity and service-based support and thereby onboarding more partners and expanding its accelerator offerings.
These new partners who will ensure the furtherance and firm positioning of Aidi’s support for a higher number of early-stage tech-enabled startup founders, include FCMB’s Hubone, Assembly Investors, Paystack, and Adamantium Fund.
Focused on accelerating the growth of startup companies, Aidi, which affirms not to be a broker-dealer, funds transfer platform or investment adviser, connects verified business angels and corporate organisations with tech founders looking for venture support and mentorship.
The company also provides cash based perks to exceptional founders within its community in some cases and has received support from AWS, Mercury and Brex for 12 months now.
From the fintech sector to enterprise and Sass space, Aidi has enabled the steady growth of startups, with a combined funding amount of over $260 million.
The accelerator targets heightening its support for African founders across emerging markets with the majority of support being through partner services that allow the founders operate on a global scale with ease.
For the next two months, Aidi has also mapped out free training sessions on business management, fundraising, team management, and product development. This would be opened to all members registered on the Aidi platform.