More investment in the Gambian startup ecosystem is expected. A new angel investors network is currently in place in the Gambia. So, expect more funding for Gambia startups.
Here Is The Deal
- The Gambia Angel Investors Network (GAIN) launched on July 20 with a pitch session and a masterclass on angel investing delivered by its new managing director Adrame Ndione and Tomi Davies, president of the African Business Angel Network (ABAN).
- In the latest West African angel investor network launch, following those in the likes of Mali, Benin, and Senegal, GAIN is bringing together between 10 and 15 local investors who have committed to providing funding to between eight and 12 early and growth-stage startups and in The Gambia each year.
- The network aims to provide ticket sizes of between US$20,000 to US$300,000 and help develop the nascent Gambian startup and investment ecosystem by empowering hubs, incubators, and accelerators and providing an entry point for international investors and diaspora interested in investing the country.
Most Active Seed Stage Investors
When pitching, an important point is to be pitching so as to reach to those who are most likely to fund your type of round. The most active investors in seed rounds during the past 3 months are:
Startup-Chile
Hiventures
Crowdcube
Plug and Play
Innovation Works
500 Startups
Innova Memphis
Entrepreneurs Roundtable
Berkeley SkyDeck Fund
Quake Capital Partners
Top Early Stage Investors
For those, going for early-stage funding, consider these active players:
IDG Capital
New Enterprise Associates
Sequoia Capital China
Accel
Y Combinator
ZhenFund
Sequoia Capital
Matrix Partners China
Intel Capital
Index Ventures
Most Active Late-Stage Investors
Interested in looking for a Series B or anything above for a growth stage round, the following firms have been the most active globally.
Sequoia Capital
Tencent Holdings
Insight Venture Partners
Bpifrance
Goldman Sachs
Bessemer Venture Partners
New Enterprise Associates
Khosla Ventures
Andreessen Horowitz
Sequoia Capital China
These Investors Have Been The Most Active In Africa, Whether Early, Middle Or Late Funding
Click here to view the list of good investors in African startups.
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based Lawyer with special focus on Business Law, Intellectual Property Rights, Entertainment and Technology Law. He is also an award-winning writer. Working for notable organizations so far has exposed him to some of industry best practices in business, finance strategies, law, dispute resolution, and data analytics both in Nigeria and across the world.