The Number Of African Startups Participating In The Most Recent Y Combinator Accelerator Has Increased To 12
Nine African tech startups were among the 117 selected for the S21 edition of the Silicon Valley-based Y Combinator accelerator late last month, each earning US$125,000 in seed funding and additional investment opportunities at a demo day. The total number of participating startups has now risen to 285, with three more coming from Africa. Two of the additional ventures are from Nigeria, namely Payhippo, which provides loans to small businesses in Africa in under three hours; and Infiuss Health, which connects US and EU-based pharma, life science companies and researchers to participants for clinical trials and research in Africa....