3 Nigerian Startups That Made It Into Y Combinator's Summer 21 Batch
Total of nine African tech startups are among the 117 that have been announced to be participating in the summer 2021 Y Combinator accelerator programme in Silicon Valley, with each getting US$125,000 in initial capital and further investment options during a demo day.
The likes of Flutterwave, one of Nigeria's unicorn FinTech and Paystack which was recently acquired by Stripe were Alumni of Y Combinator and more Nigerian startups have joined with increasing number of applications from Nigeria each season.
In the Winter 21 batch alone, five (5) Nigerian startup made it into Y Combinator accelerator programme. This include:
1. Mono founded by Abdulhamid Hassan and Prakhar Singh
2. Blueloop – Flux founded by Ben Eluan, Osezele Orukpe, and Israel Akintunde
3. Prospa founded by Frederick Obasi and Rodney Jackson-Cole
4. Sendbox founded by Emotu Balogun, and Olusegun Afolahan
5. Vendease founded by Tunde Kara, Olumide Fayankin, Gatumi Aliyu, and Wale Oyepeju
The three Nigerian tech startups that made it into the Summer 2021 programme are Mecho Autotech, which connects automobile owners with technicians and suppliers of smart parts; Suplias, a B2B platform for small businesses; and Lemonade Finance, a payment system that works with several currencies.
Other African startups that will be joining the summer 2021 cohort include:
Amenli, Odiggo and ShipBlu of Egypt; Chari, and Freterium of Morocco and lastly, Floatpays from South Africa.
