In 2018, Techpoint started the Nigerian Startup Funding Report with the purpose of chronicling the funding activities of the Nigerian startup space.
Our findings reveal that Nigerian startups raised $24.7 million in the second quarter of 2019, which is just 40% higher than that of Q1.
Like previous reports, the data used for this report was collected in real-time. We also got anonymous tips.
Below are some of the highlights of the report
- Grants made up the highest number of deals with 19
- Logistics & transportation startups raised half the total value of investments in the quarter
- Fintech startups accounted for less than 10%
- Contact details of startups that are still open to funding
- And more
Find out more in the report. Download it here.
Getting funding is a crucial part of every business and your company can sink or soar depending on the investor(s) you choose to go with. Come learn how to make the get funding for your business and manage your finances this October. Register here.
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