Nigeria Leads The Pack Of 12 Startups Graduating From Google LaunchPad Accelerator First Class

By June 11, 2018

Google LaunchPad Accelerator that selected 12 startups to form its first class has handed out USD 10 K to each startup in the form of a cash grant while graduating last week. Majority of the startups that were selected for the first class are from Nigeria. Google has been running the LaunchPad accelerator programme in many upcoming economies including Sau Paulo and Tel-Aviv. In Africa, the accelerator operates out of Lagos. Earlier, Google had announced USD 6 Mn in a grant through its philanthropic arm.

The startups that graduated from the first class include:

Babymigo [Nigeria]: It a community for expecting mothers and baby care

Flexpay [Kenya]: This startup has developed an automated system to keep a check on finances for business owners

Kudi [Nigeria]: It is a chatbot that enables payments via messaging

OkadaBooks [Nigeria]: It is an online publishing platform for storytellers and writers

OMG Digital [Ghana]: A media platform targeted at entertaining African millennials

Pezesha [Kenya]: This is a P2P lending platform connecting lenders to small ticket size borrowers [Nigeria]: The online savings platform startup recently raised USD 1.1 Mn in seed funding

Riby [Nigeria]: A co-operative banking platform that allows users to borrow, lend and invest collectively

swiftVEE [South Africa]: A platform that connects livestock agencies to a network of buyers and sellers

TangoTv [Tanzania]: It’s an OTT platform that allows users to stream African movies and shows

Teheca [Uganda]: This healthtech startup provides postnatal healthcare at home for users

Thrive Agric [Nigeria]: An agritech startup that provides funding for smallholding farmers through crowdsourcing

As part of the program, each startup has access to equity free funding, mentorship from experts from the Silicon Valley, space to operate and media & PR. The program will run for the next three years and is aimed to accelerate 60 startups with USD 3 Mn in equity-free funding.

It has now opened the application for its second class of startups. Launchpad Accelerator Africa accepts applications from startups located in Algeria, Botswana, Cameroon, Cote d’Ivoire, Egypt, Ethiopia, Ghana, Kenya, Morocco, Nigeria, Rwanda, Senegal, South Africa, Tanzania, Tunisia, Uganda, and Zimbabwe


 Feature Image courtesy: Google LaunchPad Accelerator

Did you know: Over $725.6 Mn was invested in Africa in 2018. Keep tabs on the Venture Capital Landscape of Africa with the VC Report 2018 by WeeTracker. Find out the Latest Fundings, Top Investors, Leading Sectors & much more..

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