Africa/Uk Funding Opportunities Open for Google Launchpad Accelerator Startups

Launchpad Class session

A new window of start-up seed fund have opened for Africans following the kick=off of the first Google Startup Week that was held in Lagos, South-West, Nigeria where Google Launchpad Accelerator Africa graduates, pitch for funding from some of Africa & the UK’s top venture capitalists (VCs), and Launchpad Accelerator Africa class 4 graduating from the program.

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Select alumni from classes 1, 2 and 3 are fresh out of a three-month Google for Startups UK Africa Immersion Programme in London. This is a 12-week immersion programme designed to bring the best of Google and the London startup ecosystem to tech companies from Africa that do not yet have a presence in the UK.

In partnership with Launchpad Accelerator Africa, the program aims to connect high potential early stage startups with the dedicated support of Google for Startups UK to help them take their startup to the next level.

“Every year, Africa’s economic growth continues to strengthen. Google for Startups has put its weight behind supporting the continent’s startups as they continue to build great products tackling key global social issues. This is an incredibly exciting space which is very relevant to UK ecosystem and investors,” says Marta Krupinska, head of Google for Startups UK.

Having completed their London Immersion, Launchpad Accelerator Africa Class 1, 2 and 3 alumni met with investors from the UK and Africa during Google Startup Week in Lagos to pitch for funding to take their businesses further.

Launchpad Accelerator Africa Class 4 graduated this week, as part of the Google Startup Week activities. Class 4 comprises 12 startups from six countries, addressing six different sectors.

Google Startup Week also saw participants from all 4 classes get a chance to meet, engage with each other, and share their experiences for the first time.

Class 4’s startups have collectively raised $4.3m, created over 300 jobs and signed up over 110 000 users. They had collectively raised in excess of $600 000 before the programme, and have been able to use Launchpad Accelerator Africa to scale their businesses to new levels.

“We believe Africans can solve Africa’s problems,” says the programme’s head of startup success and services, Fola Olatunji-David. “In running Launchpad Accelerator Africa we specifically look to work with startups with that share this vision. Launchpad Class 4 is tackling some of Africa’s most pressing challenges, including access to financial services, education, and agriculture.”

Since Launchpad Accelerator Africa was first announced in late 2017, the programme has worked with 47 startups on their growth journey. These companies have raised millions of dollars in investments, and created hundreds of jobs across the continent.

All the selected startups receive working space, and access to expert advisers from Google, Silicon Valley, and Africa. Participants also receive travel and PR support during each three-month programme.

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