Big Cabal Media secures investment from Platform Capital for growth

Big Cabal Media, a digital media publisher based in Nigeria, has secured an undisclosed investment from Platform Capital to drive growth and increase investment in technology and product development.

Big Cabal is the publisher of the pan-African tech publication TechCabal, and the West-African youth publication Zikoko. Big Cabal also provides content creation, strategic comms and design services for brands like Coca-Cola, Google, Access Bank, MainOne, EFInA, GIGM and ARM through its Cabal Creative Studio.

BCM’s content reaches over 3 million people every month and is influential across a significant swath of technology, investor, and youth audiences

With this investment, Dr. Akintoye Akindele, Chairman of Platform Capital will join the board. He joins a board that includes respected media executive, Biola Alabi; GreenTec Capital CIO & prolific angel investor, Tomi Davies and BCM founder, Bankole Oluwafemi.

Speaking of the investment, Tomiwa Aladekomo, CEO of Big Cabal said “We’re excited to have Platform Capital on board as an investor and partner. Big Cabal has established its ability to build and sustain strong media brands and to deliver high-impact innovative content and products. With Platform Capital as a partner, we intend to drive accelerated audience growth and reach, while deepening our investments in technology and product development.”

Paul Okunaiya, CIO at Platform Capital explained Platform’s investment rationale, saying, “As the global demand for African news & African content continues to grow and evolve, we believe that Big Cabal Media is uniquely positioned at the intersection of media and technology due to its strong brand, youth focus, and global reach to be an integral part of the “Africa Rising” story. We look forward to working with Tomiwa and the team at BCM to support their growth across Africa and into new verticals.”

Platform Capital is a growth market-focused, sector agnostic, principal investment and advisory firm that deploys patient, value accretive capital alongside international and local value investors to create champion businesses with the potential for regional or global scale