VC4Africa wants to make 2014 a year full of African success stories. Check out some recent ones below! Want to be part of Africa’s next great success story as an investor? Check out the new video about the VC4Africa Pro Account above!
Is there a lack of fundable business plans, investors and deals in Africa’s startup scene? This is what we often hear. But times are changing! See some recent success stories below. And next, find more on how you can be part of Africa’s next great success story as an investor.
Companies on VC4Africa secure more than USD 12 Million in funding
A recent survey VC4Africa held with entrepreneurs listed on the online platform revealed that companies on VC4Africa secured more than USD 12 Million in funding. On average, startups secured USD 80,000 in funding vs. expansion companies that secured USD 237,000. Read more on this.
ViViFi, Egypt: USD 70K secured – now raising USD 1.2M
Egypt’s innovative touch sticker company ViViFi, one of the champions of the recent DEMO Africa 2013 conference, secured USD 70,000 from investors and is now raising a new round of USD 1.2 million. Read more on this.
Njorku, Cameroon: Looking for a mentor, ended up with an investor too!
Cameroonian entrepreneur Churchill Nanje Mambe, founder of job search platform Njorku, was looking for a mentor on VC4Africa’s Mentorship Marketplace and ended up with a new investor too! Read more on this.
UpEnergy, Uganda – Over USD 1 Million secured, now raising USD 1 M more
Ugandan clean energy company UpEnergy has closed an equity investment deal and is now raising USD 1 million more in debt. Read more on this.
Tugende, Uganda – USD 300K secured, now raising capital again
Uganda Boda Boda finance company Tugende last year secured US$300,000 from investors and continues to raise their next fundraising round. Read more on this.
Be part of Africa’s next success story!
Check out the video on the VC4Africa Pro Account above. VC4Africa founder Ben White explains the platform’s new premium service: “We want to make investing in Africa so much easier. You’ve told us that you’d like to be able to log in to a single account and get priority access to thousands of ventures that VC4Africa has selected for you. That’s why we created the VC4Africa Pro Account”
He adds: “We now offer premium investor dashboards that make it fast and easy to drill down to countries and sectors of interest. VC4Africa Pro shows if a company already raised investment, if so where does this money come from, what is the company looking to raise and is there already a lead investor.” The new premium account of the Venture Capital for Africa platform gives investors exclusive access to business ventures raising capital. Investors can receive tailored alerts, see private venture documents, join existing angel networks or start their own and get support from a dedicated account representative. Read more here.
Success stories in the making: companies across Africa to watch in 2014
Check out a great list of high potential ventures across Africa you should follow: fast growing companies, gaining traction and looking to make big progress in 2014. Read more here.
Only investors who registered VC4Africa Pro Accounts can get access to private documents and all other details of the ventures registered on VC4Africa (currently around 1000 business ventures across Africa), and express their interest to invest. The VC4Africa Investor Network is the largest network of dedicated SME investors interested in supporting African based ventures. Registered investors are also able to network with fellow members, co-fund deals with fellow investors and coordinate due diligence, besides following hundreds of ventures gaining traction in over 40 African markets.
Sign up for a VC4Africa Pro Account today and be part of Africa’s next great success story!