Technext Technext
  • Home
  • Stories
    • Clubhouse Raises Undisclosed Series C Fund at $4Bn Valuation as Competition Grows
      Clubhouse Raises Undisclosed Series C Fund at $4Bn Valuation as Competition Grows
      1 hour ago 0
      32
    • Andela Announces Global Expansion With Developers in 37 Countries Including Latin America
      Andela Announces Global Expansion With Developers in 37 Countries Including Latin America
      4 hours ago 0
      41
    • Tech Events this Week: Digital Economic Summit, Crypto Regulation Webinar and Others
      Tech Events this Week: Digital Economic Summit, Crypto Regulation Webinar and Others
      4 hours ago 0
      16
    • Social Media Roundup: Twitter in Ghana, Ahmed Musa Rejoins Kano Pillars and others
      Social Media Roundup: Twitter in Ghana, Ahmed Musa Rejoins Kano Pillars and others
      2 days ago 0
      40
    • ‘Banks Told me I was too Young to Buy Stocks’ – Tomie Balogun on why she Ventured into Investments
      ‘Banks Told me I was too Young to Buy Stocks’ – Tomie Balogun on why she Ventured into Investments
      2 days ago 0
      82
    • Global Tech Roundup: Facebook Faces $3.4Bn Fine for Latest Data Breach
      Global Tech Roundup: Facebook Faces $3.4Bn Fine for Latest Data Breach
      2 days ago 0
      54
    • ‘We are Reviewing our Rates,’ Bolt Tells Boycotting Drivers in Kenya
      ‘We are Reviewing our Rates,’ Bolt Tells Boycotting Drivers in Kenya
      3 days ago 0
      94
    • Possible Reasons why NCC Resumed SIM Sales and Registration Before Concluding its Audit
      Possible Reasons why NCC Resumed SIM Sales and Registration Before Concluding its Audit
      3 days ago 0
      72
    • uduX Partners Piggyvest to Help Nigerians Invest in their Favorite Musicians
      uduX Partners Piggyvest to Help Nigerians Invest in their Favorite Musicians
      3 days ago 0
      71
  • Features
    • Jamb Isn’t the First! Here are 10 times Nigerian Govt Agencies have Been Hacked in the Last Decade
      Jamb Isn’t the First! Here are 10 times Nigerian Govt Agencies have Been Hacked in the Last Decade
      4 days ago 0
      94
    • Ramadan Kareem: 5 Ways Tech Can make Ramadan Easier for Your Body and Soul
      Ramadan Kareem: 5 Ways Tech Can make Ramadan Easier for Your Body and Soul
      6 days ago 0
      125
    • Identity Theft, Foolproof Scams: How Data Breaches in Tech Companies can Cost You
      Identity Theft, Foolproof Scams: How Data Breaches in Tech Companies can Cost You
      7 days ago 0
      133
    • CBN’s BVN Verification Ban: What it Means for Nigerian Fintechs and their Customers
      CBN’s BVN Verification Ban: What it Means for Nigerian Fintechs and their Customers
      1 week ago 0
      496
    • ‘Limiting Mindsets Prevent Women from Making the Most of Tech Communities’ – Temilade Adelakun
      ‘Limiting Mindsets Prevent Women from Making the Most of Tech Communities’ – Temilade Adelakun
      2 weeks ago 0
      191
    • Electronic Transactions Increased by 77% to N2.3bn in 2020 as USSD Transactions Increased by 80%
      Electronic Transactions Increased by 77% to N2.3bn in 2020 as USSD Transactions Increased by 80%
      2 weeks ago 0
      189
    • The dying cybercafe culture is still driving ICT penetration in low-income areas
      The dying cybercafe culture is still driving ICT penetration in low-income areas
      2 weeks ago 0
      260
  • Reviews
    • Tech Events this Week: Digital Economic Summit, Crypto Regulation Webinar and Others
      Tech Events this Week: Digital Economic Summit, Crypto Regulation Webinar and Others
      4 hours ago 0
      16
    • Global Tech Roundup: Facebook Faces $3.4Bn Fine for Latest Data Breach
      Global Tech Roundup: Facebook Faces $3.4Bn Fine for Latest Data Breach
      2 days ago 0
      54
    • Fundall is Helping Nigerians Gain Financial Intelligence and Make Investments
      Fundall is Helping Nigerians Gain Financial Intelligence and Make Investments
      4 days ago 0
      69
    • Lagos is the PoS Capital of Nigeria with about 70% of Total Transactions Carried out in 2020
      Lagos is the PoS Capital of Nigeria with about 70% of Total Transactions Carried out in 2020
      5 days ago 0
      127
    • Tech Events this Week: Cashless Africa, Deloitte’s Black in Tech Summit and Others
      Tech Events this Week: Cashless Africa, Deloitte’s Black in Tech Summit and Others
      1 week ago 0
      132
    • Global Tech Roundup: Twitter Wanted to Buy Clubhouse for $4 Billion!
      Global Tech Roundup: Twitter Wanted to Buy Clubhouse for $4 Billion!
      1 week ago 0
      166
    • Scholarships Africa Connects Students to Hundreds of Int’l Scholarships in Minutes
      Scholarships Africa Connects Students to Hundreds of Int’l Scholarships in Minutes
      1 week ago 0
      180
  • Women in Tech
  • Videos
  • Contact Us
Go to...

    High-Growth Startups Can Now Apply for the VC4A Venture Showcase – Series A

    Oluwadamilare AkinpeluOluwadamilare Akinpelu
    June 20, 2018
    High-Growth Startups Can Now Apply for the VC4A Venture Showcase – Series A

    Are you a disruptive scaleup operating in Africa, generating revenue and looking to raise between $250k and $5m in your Series A round? If yes, then the VC4A Venture Showcase – Series A is here for you!

    The VC4A Venture Showcase is an opportunity for scaleups to introduce their company to everyone who is involved Africa’s early-stage investment space at VC4A’s annual Africa Early Stage Investor Summit on Nov 11-12 in Cape Town, South Africa.

    @VC4Africa is looking for 8 innovative, high-growth scale-ups to put in the spotlight at its annual #Africa Early Stage Investor Summit on Nov 11-12 in Cape Town https://t.co/OQykePZhMu. #Startup #entrepreneur #seriesA #Funding

    — EtriLabs Cotonou (@EtriLabsCotonou) June 19, 2018

    The 8 innovative, high-growth scale-ups that would be selected after an investor review process and would have an all-expense paid trip to Cape Town on Nov 9-16, where they would have a 2-day networking session with investors (including a 20-min deep dive session with investors) and attend an Industry Leaders dinner.

    They would undergo mentorship and pitch training from assigned mentors (VC investors) after which they would have the opportunity to pitch on the main stage of the Africa Early Stage Investor Summit for 3 mins.

    Selected participants also have the opportunity to attend and pitch at VC partner events AfricaCom and AHUB as well as AfricArena.

    African scale-up looking to raise between $250K and $5M? Apply for VC4A Venture Showcase – Series A, part of Africa Early Stage Investor Summit to catch all Africa’s early-stage investors in one room! https://t.co/d8nQTHKiwV #AESIS2018 #scaleup #SeriesA #Africa pic.twitter.com/05hdhNe99O

    — VC4Africa (@VC4Africa) June 14, 2018

    Participating scaleups (management team of at least 3 people) must ensure that their company based in the African continent and is for profit with registration as an independent legal entity. They must also have a clear/disruptive product/service that is available on the market and is generating revenue or business model that designed for scale as well as seeking for Series A investment in the range of $250K – $5M.

    While there will be exceptions, most likely participating startups must have already received external investment, structured as either debt or equity, or received grants from donor organizations.

    Selection Criteria

    Innovativeness and Scalability (25%): Startups should ensure that they are addressing a real problem in the market in a clearly innovative way with a distinct product or service. Their business model is new, disruptive and designed for scale.

    Strategy for Growth (25%): Startups must have a potential to expand into new markets or in the business region with a clear plan to go about it and demonstrated success – in terms of customer acquisition plans, new contracts, and key partnerships.

    Management team (25%): The team must have the qualifications needed to make the business successful.

    Market Traction & Financials (25%): Startups would also be evaluated based on their market traction and their potential market size –  their business model, revenue streams, and unit economics, and if any outside funding has been raised before.

    Applications are open until August 20, 2018. Interested startups can click here to get started.


    If you’d like to get featured on our Entrepreneur Spotlight, click here to share your startup story with us.


    SUBSCRIBE

    Get latest Technology news, reviews, business-related content with a deliberate emphasis on the African narrative and insightful analysis in Nigeria – straight to your inbox.


    Comments

    Share :
    • Facebook
    • Twitter
    • Google+
    • Pinterest
    • Linkedin
    • Email
    Oluwadamilare Akinpelu

    Oluwadamilare Akinpelu

    Oluwadamilare Akinpelu is a lover of the Tech World. He is a calm person and also a protean writer.

    Sign Up for the Click-On Kaduna Digital Training Workshop for Youths
    Next article
    Sign Up for the Click-On Kaduna Digital Training Workshop for Youths
    TechCrunch’s Startup Battlefield Finally Coming to Nigeria, to Hold in December
    Previous article
    TechCrunch’s Startup Battlefield Finally Coming to Nigeria, to Hold in December

    Related Posts

    • Stories 1 hour ago

      Clubhouse Raises Undisclosed Series C Fund at $4Bn Valuation as Competition Grows

      Clubhouse Raises Undisclosed Series C Fund at $4Bn Valuation as Competition Grows
      Stories 4 hours ago

      Andela Announces Global Expansion With Developers in 37 Countries Including Latin America

      Andela Announces Global Expansion With Developers in 37 Countries Including Latin America
      Reviews, Stories 4 hours ago

      Tech Events this Week: Digital Economic Summit, Crypto Regulation Webinar and Others

      Tech Events this Week: Digital Economic Summit, Crypto Regulation Webinar and Others
    • Stories 2 days ago

      Social Media Roundup: Twitter in Ghana, Ahmed Musa Rejoins Kano Pillars and others

      Social Media Roundup: Twitter in Ghana, Ahmed Musa Rejoins Kano Pillars and others
      Stories, Women in Tech 2 days ago

      'Banks Told me I was too Young to Buy Stocks' - Tomie Balogun on why she Ventured into Investments

      ‘Banks Told me I was too Young to Buy Stocks’ – Tomie Balogun on why she Ventured into Investments
      Reviews, Stories 2 days ago

      Global Tech Roundup: Facebook Faces $3.4Bn Fine for Latest Data Breach

      Global Tech Roundup: Facebook Faces $3.4Bn Fine for Latest Data Breach

    Bitcoin Recent Prices

    Brandest

    Sign up for Newsletters

    Popular News

    • Address by Austin Okere at the CWG Plc Silver Jubilee Anniversary Dinner/Gala Night
      Address by Austin Okere at the CWG Plc Silver Jubilee Anniversary Dinner/Gala Night
      November 2, 2017 0
    • Major Takeaways From The Digital Payments Session for SMEs Organized By NetPlusPay
      Major Takeaways From The Digital Payments Session for SMEs Organized By NetPlusPay
      11 months ago 0
    • Lagos State University Develops COVID-19 Self-test App for Nigerians
      Lagos State University Develops COVID-19 Self-test App for Nigerians
      April 2, 2020 0
    • The Best Ways to Buy Bitcoin with Naira in Nigeria
      The Best Ways to Buy Bitcoin with Naira in Nigeria
      4 months ago 0
    • How Civil Unrest and Mobile Money License is Hindering Telecom Privatisation Plan in Ethiopia
      How Civil Unrest and Mobile Money License is Hindering Telecom Privatisation Plan in Ethiopia
      5 months ago 0

    Follow Us

    Latest Tweets

    • technextdotng RT @Olutobiade: #Clubhouse Raises Undisclosed Series C Fund at $4Bn Valuation as Competition Grows The competition is getting stiffer as m…
      about 17 minutes ago
    • technextdotng What do you think will eventually happen to @JoinClubhouse? #MobileApp #Clubhouse
      about 17 minutes ago
    • technextdotng RT @khanyinsola00: Nawa ooo at this point https://t.co/54VcDBRjgf
      about 23 minutes ago
    • technextdotng Now a unicorn, @joinClubhouse's valuation has grown exponentially since the first raise it is currently at a valuat… https://t.co/RaoL5CqWE5
      about 28 minutes ago

    Instagram

    technextdotng

    Technext.ng is the go-to site for news, reviews and insightful analysis in the Nigerian tech space.
    http://ow.ly/ayTM30mSlGS

    @JoinClubhouse has raised Series C funding from it @JoinClubhouse has raised Series C funding from its partners. The amount is undisclosed but the startup says the round was led by Andrew Chen at a16z and had participation from major investors including DST Global, Tiger Global, and Elad Gil.

The startup released its iOS app in March 2020 and raised funds at a $100 million valuation in May of the same year. 

Now a unicorn, the startup’s valuation has grown exponentially since its first raise and its latest raise is reportedly at a valuation of $4 billion according to market rumours.

With this raise, the unicorn says it will be focusing on scaling its team heavily to support international growth.
.
.
.
.
.
#startupnews #startupstories #startupstory  #clubhouse #clubhouseapp #Tech #Startups #SocialMedia #App #MobileApp #Voice #Tech
    @TomieBalogun did not start out with the goal to p @TomieBalogun did not start out with the goal to provide highly sought-after financial insights for over 60,000 Millenials by the year 2021. But, when she realized that she had a challenge with increasing her wealth even after working a number of corporate jobs, she decided to do something about it.

Currently, her fintech startup, The Green Investment Club, is on the verge of committing a 6-figure fund in dollars into a venture capital (VC) vehicle to be invested into African startups. TGIC has invested over $14 million into small and medium businesses and created more than 2,000 jobs. Tomie is also the founder of The Vestract Company; a financial education and investment opportunity platform.
.
.
.
.
.
.
.
#investingwithtomie #tomiebalogun #themillennialinvestor #forextrader #forextrading #fxtrader #daytrading #forexprofit #millionairemindset #technicalanalysis #VentureCapital #VC
    Ten months after shutting down its physical office Ten months after shutting down its physical offices, engineering talent company, @thisisandela, is now going global.

This means that the company is now onboarding engineers from every country around the world.
.
.
.
#programming #programmer #programmers #programminglife #programmerlife #programmerhumor #programmingmemes #programmingisfun #programmingjokes #programminghumor #developer #developers #developerlife #softwaredeveloper #softwareengineer #softwareengineering #softwaredevelopment #coder #coders #coderlife #coding #codinglife #codingisfun #webdevelopment #insynouttech #webdevelopers #informatik #programmieren #computerscience #processor
    For many people, managing money and knowing the ri For many people, managing money and knowing the right opportunities to invest in is still a challenge. A survey of over 2,000 youths in Nigeria, Kenya, Uganda, Tanzania and Cote D’Ivoire by Geopoll revealed that more young Nigerians only save after spending than their counterparts in other countries.

More youths in Tanzania and Uganda set aside a fixed amount to save than in Nigeria and Ivory Coast, who are more likely to save what remains after spending

The popularity of apps like @Piggybankng and @Cowrywise has made more people curious about saving, investing and creating a financial strategy to grow their money. However, there is need for more apps that take a more deliberate and friendly approach towards gaining financial intelligence and map out a sustainable path to monetary stability.

This is where Fundall comes in. @get_Fundall is a fintech service whose app is available for download on android and iOS.
.
.
.
.
.
#Fundall #LifeStyleCard #FinancialPlanning #Africa #Fintech #Finance #Financial #Nigeria #SaveMoney #Payments #Nigeria
    @theflutterwave has partnered with American eComme @theflutterwave has partnered with American eCommerce fraud detection firm, Forter to enable merchants to identify legitimate buyers on their Flutterwave platforms. This effort is aimed at detecting fraudsters masking themselves as legitimate buyers on the payment platform.

The partnership touted as the first of its kind in Africa will enable merchants to accurately identify legitimate buyers from fraudsters in the hopes of increasing transaction approvals and reducing friction in the purchasing experience, all without the fear of fraud.

Read more on Technext.ng
.
.
#ecommerce #crypto #marketplace #Merchants #fraudsters #Fraud
    Things are gradually returning to normal as the nu Things are gradually returning to normal as the number of covid-19 cases continues to fall. Although it may take a while before we hug people or shake hands without second thoughts, things are getting better.

Only 523 new cases were recorded between April 6 and 13. This is a slight increase compared to the 497 people that tested positive over the previous week. Two weeks earlier, Technext reported that 584 people tested positive.

The numbers show a sustained decrease in the spread of infections across the country. Indeed the Lagos state government is now confident enough to allow event centres and relaxation centres to increase their crowd capacity. Along with that, here are other developments during the week.

Read more on Technext.ng
.
.
.

#COVID19 #Nigeria #Education #Vaccine #Government
    Load More... Follow on Instagram

    Random News

    • Virtual Workforce Success: 5 Ways You Can Outperform Using Virtual Teams
      Virtual Workforce Success: 5 Ways You Can Outperform Using Virtual Teams
      August 21, 2018 0

      Virtual teams, otherwise called geographically dispersed team, distributed team, or remote team, have become increasingly common as organizations look for ...

      Read More
    Copyright 2020 technext.ng | Privacy Policy | Media Policy