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.
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Nigerian startups raised $55.4m in Q1 2020; over 99% of which came from foreign sources. Find out more when you download the full report.