Tag Archives: seed funding

seed funding: Latest News

  • 7 Biotech, Health And Agro-Processing Projects Receive Cape Craft And Design Institute Funding

    Cape winelands Cape Craft And Design Institute By Peter Pedroncelli, 4:30 am

    Seven South African biotech, health, agro-processing, and manufacturing projects have received a funding boost from the Cape Craft and Design Institute (CCDI) through their Design Innovation Seed Fund (DISF) initiative. The grants, which form part of the Cape Craft and Design Institute’s second round of seed funding, will allow for the innovative projects to be developed for use in a variety of sectors that will benefit from the ideas in development.

  • Nigerian Travel Booking Site Travelbeta.com Raises $2 Million

    By Staff, 3:58 am

    Travelbeta, the Lagos-based travel-booking startup just closed a $2 million seed fund. The funding will go into negotiating partnerships with travel agencies and other partners across the world that will help it provide more travel options to Nigerians, says the startup’s co-founder and former Konga exec, Onyekah Akumah. The seed round came from Altheus, a local investment firm and other local investors that chose to remain unnamed in the announcements.

  • Nigeria To Introduce First $9M Seed Funding For Software Development

    By Kevin Mwanza, 10:04 am

    Nigeria is set to roll out its first seed funding for local software development, the country’s Minister of Communication Technology, Omobola Johnson has revealed. The $9 million seed capital will be Nigeria’s first investment in a number of Nigerian and African tech startups, Omobola said at the kickoff of the DEMO Africa event in Lagos on Thursday.

  • Why Foreign Investors Do Not Fund African Entrepreneurs

    By Kevin Mwanza, 5:12 am

    Being an entrepreneur is hard enough, but being an entrepreneur in Africa trying to find funding for your project is even much harder. Despite huge opportunities with returns easily beating those in developing world, finding someone willing to inject capital into an African start-up is the biggest reason for many would be entrepreneurs failing in their ventures.

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