Last year, Techpoint Africa started the Nigerian Startup Funding Report — a quarterly breakdown of funding activities in the Internet startup space. We published three quarterly reports last year and in February 2019, we published the first annual edition of the report, all powered by Intelpoint.
In our quest to keep chronicling the funding activities within the Nigerian startup scene, we present the first quarterly report of 2019.
In Q1 2019, a total of $17.6 million was raised by Nigerian startups — just over a million dollars higher than in Q1 2018.
A feature we are adding to the funding reports, starting with Q1 2019, is indicating whether featured startups are currently open to funding or not and, for those that are still raising, providing their contact details.
- Quarter-on-quarter analysis
- Breakdown by industry and form of funding
- Contact details of startups that are still open to funding
- And more
Do note that the three quarterly reports that were released last year are still available for free. However, unlike previous quarterly reports, the Q1 2019 quarterly report costs $15.
You can order the Q1 2019 edition of the Nigerian Startup Funding Report here.
Nigerian startups raised $377m in 2019, more than twice what they did in 2018. Find out more when you download the full report.