Global startup generator and early stage venture capital fund, Antler, has invested USD 100,000 into 4 startups that participated in its inaugural Nairobi cohort.
Antler’s six month venture builder programme brings together entrepreneurs and links them up to prospective co-founders.
Antler has invested USD 100,000 in exchange for 20% equity in their companies.
Over 1250 entrepreneurs applied to join the initial Nairobi cohort.
However, only 3% of them were selected to participate in the programme which kicked off in August 2019.
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The four startups Antler invested in are:
- Anyi Health (Nigeria): Anyi provides an on demand credit for primary healthcare. The startup aims to avoid situations where patients are detained due to a lack of funds. Anyi’s founders are: Amara Muoneke and George Mosomi.
- AIfluence (Kenya): A data driven influencer marketing platform. The startup was founded by two advertising veterans Nelson Aseka, Victor Munya and Arthur Stsepanenka.
- ChapChap Go (Kenya): Provides an ecommerce platform for fast moving consumer goods (FMCG) goods, cutting out the middlemen distributors, and providing deep discounts on group buying in a number of FMCG categories. ChapChapGo is founded by Soud Hyder and Amine Aboura.
- Digiduka (Kenya): This startup offers digital services for the cash economy. The startup was founded by Roy Njoka and Lovell Larbie.
Antler’s second program will launch in March 2020. Interested entrepreneurs can apply here.
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