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Troidini to Invest $20k in Africa Startups

Tech Gist Africa by Tech Gist Africa
02/21/2019
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Troidini Ventures is a founder-first incubator that provides founders with early-stage funding, market research, business development and world class advisory to help companies scale. On the 18th of February, Troidini announced that it will be investing $20k, 10% equity fund and a follow up finance of $100, 000 for startups in Africa.

Funds will be made available for tenacious founders with roots in business and technology that proffer innovative solutions and products that target billion dollar markets. Troidini is an agnostic and afro-centric sector that is always open to talks with founders to help solve their challenges.

See also: African Leadership Academy Raised $28M Series B Fund

The startup solutions must be technology driven, bold, user centric, bold, solve big problems, be able to look into the future and make it possible now. Also, markets new to solution or already established markets with new thinking or strategies in niche markets can access the fund.

Triodini has made this funds available because startup founders face challenges of building successful technology businesses in Africa. They provide between Seed Stage to Series A and beyond for startups in Africa to join some of the world’s best Accelerators.

“Talent is evenly distributed, opportunity is not! We’ve Heard that so many times and live in its reality. Africa is a land of Challenges, and more importantly a place of tremendous opportunities; hence, we’re working with Founders and Innovators to build solutions for Africa” said Troidini Ventures on twitter

For more information, click here.

More on TechGist Africa:

  • Fintec Labs Lands $2million Series B Fund
  • Off-Grid Solar Firm, SolarNow Gets $9 million Fund for Expansion
  • AFDB, South Korea Partners on African Tech
  • Africa is Embracing Artificial Intelligence To Optimize Business Processes
  • Off-Grid Solar Firm, SolarNow Gets $9 million Fund for Expansion

 

 

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Tech Gist Africa is a leading online technology and digital media outlet, dedicated to providing latest tech news, product launch, startup news across Africa and sharing simple social media and digital marketing tips for startups, entrepreneurs and business owners.

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