Why Unit Economics Now Matter More Than Unicorn Dreams – Earn or Exit
Investors are buying proof, not dreams and visions. And if your startup can’t show that it earns more than it ...
Tag: startups
Immersive Media Startup VUZ Raises $12m to Expand in Africa, Asia, and U.S.
Founder and CEO Khaled Zaatarah explained that IFC’s involvement came from its interest in underserved markets and VUZ’s traction in ...
Flam Raises $14M to Scale AI Infrastructure for Global Brand, Marketing Industry
Flam is already being used by 100+ global brands including Google, Samsung and Emirates who are embracing engaging media at ...
NITDA Sets April 28 for Startup Consultative Forum, Eyes Stronger Stakeholder Voice in Tech Policy
This is an important step in boosting government–ecosystem collaboration as part of the broader rollout of the Nigeria Startup Act ...
FG Gets Over N18 Billion ($12M) Backing from Japan to Build Abuja Innovation Hub
The project, backed by a ¥1.6 billion grant — that’s about $12.1 million or over N18 billion — and is ...
AI Tutoring Startup SigIQ.ai Emerges from Stealth with $9.5M to Democratize Elite Education
This investment will accelerate hiring top talent, enhancing AI models, and scaling platforms to educational systems worldwide
Fuse Raises $6.6 Million to Simplify Cross-Border Payments in MENA
Fuse, however, is stepping in with a solution to this long-standing problem
African Startup Funding Crashes to Four-Year Low in March | Worst Month Since 2020
By the end of March, only $50 million had been raised, one of the worst months for African startup funding ...
Sourcetable Gets $4.3M, Launches World’s First “Self-Driving Spreadsheet” Powered by AI
Sourcetable launches the world’s first autonomous spreadsheet that leverages AI automation to complete common analysis and operations-focused workflows. Autopilot functionality ...
Hakimo Lands $10.5M to Eliminate Security Blind Spots with AI
AI-powered platform eliminates critical blind spots in traditional security systems, preventing thousands of incidents across hundreds of businesses
GoPrudy Wins as Top 3 Startups Emerge at Lagos AI-Focused Demo Day
Startup Launchpad Accelerator Spotlights Innovation in Personal Finance, Talent, and Career Tech
Vendease Restructures Pay Model, Seeks Fresh Capital as it Struggles to Stay Afloat
After cutting 44% of its workforce last month, about 120 employees, the company has now overhauled its pay structure, tying ...
Equator Raises $55M for African Climate Tech, Offering $750K-$1M for Seed | Up to $2M for Series A
The firm plans to use the capital to support early-stage startups developing innovative solutions in energy, agriculture, and mobility
How to Start a Business in Nigeria Without Relying on Foreign Exchange
Nigeria’s economy is so tied to foreign exchange (forex), with many businesses depending on imported raw materials, equipment, and finished ...
LoftyInc Closes $43 Million Fund to Back Africa’s Fastest-Growing Startups
The Fund aims to support Seed and Series A startups
