Founders Factory Africa Obtains $113M in Funding to Boost Tech Start-ups
Founders Factory Africa, the trailblazing African startup accelerator and venture studio, has amassed an additional US$ 113 million (R2.1-billion) in funding.
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Founders Factory Africa, the trailblazing African startup accelerator and venture studio, has amassed an additional US$ 113 million (R2.1-billion) in funding.
Rural and agri-tech startups in Africa can apply for the Emerald Africa financing facility, which provides debt to early-stage digital innovators who are enabling greater access to finance for rural SMEs.
Founders Factory Africa secured $114 million in funding from Mastercard Foundation and Johnson & Johnson Impact Ventures.
Founders Factory Africa runs its model in partnership with corporates, geared toward de-risking investments and reaping outsized returns.
Founders Factory Africa has secured an additional US$113 million in funding from Mastercard Foundation and Johnson & Johnson to scale its model to better serve founders across the African tech ecosystem.