14 African tech start-ups begin campaign to raise €20 million investment across Europe
The investment drive will be held in 5 major European countries.
CCHUB & Google for Entrepreneurs are providing African tech start-ups with need exposure and opportunity for business growth.
The "Pitch Drive" organised by the Co-Creation Hub (CCHUB) in partnership with Google for Entrepreneurs and other partners is designed as a road show for the start ups to attract interest.
Nigeria has the highest number of tech start-ups among the fourteen selected. The fourteen start-ups are Piggybank (Nigeria); Gloo (Nigeria); Prepclass (Nigeria); Tradedepot (Nigeria); Flashpa (Nigeria); Lifebank (Nigeria); Kudobuzz (Ghana); Ongair (Kenya); Gebeya (Kenya/Ethiopia); Firefly media (Senegal); GoMetro (South Africa); ClinicMaster (Uganda); BitFinance (Zimbabwe); and Real Food (Zimbabwe).
The first meeting with investors was held on August 14, 2017, at Google’s campus in London, after which, the campaign train will move to TQ Amsterdam, Berlin, Impact Hub in Zurich and end at NUMA Paris.
ADVERTISEMENT
Tijani Bosun, founder and CEO of CCHUB, stated that at the end of the campaign the start-ups would have interacted with over 300 investors and raised over €20 million.
“The idea of a PitchDrive is a phenomenal and an incredible opportunity for not only the selected 14 startups but also the investors. We hope to help secure a number of breakthrough capital deals for the selected 14 startups,” Tijani said.
“And like the Garage story of Google, we hope that or two or possibly all of these start-ups will have a similar story. I can say that they are in for a tough but rewarding journey with us.”
The organisers have secured the services of Jason Njoku (iROKOtv), Saidah Nash Carter(Reuters), Stephen Newton (Illuminate Africa) and David Grunwald (Google for Entrepreneurs) to help with mentorship and support throughout the campaign.
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: news@pulselive.co.ke
Recommended articles
Top 10 African countries with the highest crime rates
Machoka at 70: Emotions run high during Citizen TV presenter's birthday [Video]
Africa’s richest man Aliko Dangote poised to overtake another Russian billionaire Vladimir Lisin on Bloomberg billionaires list
Diwali 2022: Is Monday a public holiday in Kenya?
Details of Ngina Kenyatta's luxurious restaurant
Nigerian royal dignitaries, including four kings and a queen, expected to attend Museveni’s 50th wedding anniversary celebrations
Mzee Kibor's will made public, revealing how vast wealth and millions will be distributed
Ini Edo posts new photos amid reports of welcoming a baby through surrogacy