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African Startup Funding Tracker

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Five More African Startups Confirmed For Y Combinator W22 Batch
Five More African Startups Confirmed For Y Combinator W22 Batch

Five more African startups have been confirmed as participants in the W22 batch of the renowned Silicon Valley-based Y Combinator accelerator, taking the total to 15 so far. Participants receive seed funding as well as further investment opportunities at a demo day.

Four of the five startups added to the list hail from Nigeria, which accounts for 11 of the 15 African participants so far. They are pharma-focused health startup Remedial Health; fintech startup Duplo, which works to digitize payment flows for B2B companies; Grey, formerly Aboki Africa, which provides foreign currency accounts for Africans; and Heyfood, which makes it easy for restaurants to run their food ordering and delivery business. The fifth company is Kenyan, namely Boya, which enables businesses to instantly issue corporate cards to employees and provides them with software that gives them control and visibility on all spending in real-time.