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Techstars and ARM Labs Inject $1.4M into 12 African Startups for Accelerated Growth

Techstars and ARM Labs Inject $1.4M into 12 African Startups for Accelerated Growth

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#startups accelerator
Techstars, in collaboration with ARM Labs, reveals its second cohort of 12 innovative startups in Lagos, offering a diverse range of sectors from fintech to renewable energy. With a funding injection of $120,000 per startup, plus extensive support, mentoring, and access to a network of experts, these startups are set to revolutionize Africa's tech landscape.

Techstars, a major player in Africa's startup investment scene, has announced its second cohort for the Lagos-based accelerator program, partnering with ARM Labs to infuse $1.4 million into 12 startups across Ghana, Nigeria, and East Africa.


šŸš€ This cohort, reflecting a broadened investment scope, spans fintech, logistics, e-commerce, healthtech, renewable energy, and the future of work, demonstrating a commitment to fostering innovation across diverse sectors.


šŸŒ The startups, including 24Seven, Beauty Hut, and Surge Africa, will not only receive financial backing but also benefit from mentorship sessions featuring industry experts like Tunde Kehinde and Bode Abifarin, propelling them toward impactful growth and success.


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