Lagos Angel Network, organisers of the Lagos StartUp DealDay have announced the two recipients of N50 million from the first edition of the event. They are Cafe Neo and Big Cabal Media.
Though the event took place on the 31st of March 2016, the names of the recipients were not released.
Cafe Neo is one of the major coffee chains in Nigeria. They currently have eleven outlets spread across Lagos.
Big Cabal Media is the media company responsible for online like TechCabal, Zikoko and Radar. They were instrumental to the enlightenment of Nigerians and in short, the world about the Ebola Virus, with the creation of EbolaFacts.
Lagos StartUp DealDay is a quarterly investment process run by the Lagos Angel Network (LAN). It brings together LAN members, other angel investors and Lagos startup ecosystem players in a process where the very best startup ventures (across sectors) are guaranteed funding. Using Lagos StartUp DealDays as a vehicle, LAN is targeting to raise N100 million from its members and the early stage investment community for Lagos startups during 2016.
The second round of the Lagos StartUp DealDay will take place on the 30th of June 2016.
Click here to apply.
