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.
On January 27, 2021, Techpoint Africa will be hosting the brightest minds in decentralised finance/crypto at the Digital Currency Summit tagged “Building the money of the future” Click here for more details, registration and sponsorship.
Report: Millionaire West African startups” raised over $1.806 billion between 2010 and 2019, 97.9% of which went to Nigerian startups. Get a free overview and 50% purchase discount here.
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