The OnAfrica Angel Network is set to back Africa-focused Technology startups with small checks of between $50k – $400k at the pre-seed to seed stage using the same approach adopted at Africa’s foremost Accelerator.
Over the last 5 years, 60 African startups have completed the Startupbootcamp AfriTech Accelerator – 90% of the alumni are still operating and scaling, and collectively, SBC portfolio companies have raised more than $120 Million in follow-on funding. This track record makes SBC one of the most successful early-stage programs on the continent and for investors, using global measures, the fund has performed among the top 5% of Silicon Valley VC funds!