Nibble Africa, a South African esports startup has announced the successful completion of its seed funding round. This landmark achievement ushers in a new chapter of growth and innovation for the company, solidifying its position as a prominent player in the esports and gaming landscape both regionally and beyond.
The infusion of seed funding marks a strategic turning point for Nibble Africa, propelling the startup towards accelerated expansion and market dominance. The funding will be instrumental in fueling the company’s ambitious plans, including the establishment of a state-of-the-art content house named Nibble HQ in the heart of Cape Town. This innovative hub is set to be a hub of creativity, collaboration, and cutting-edge content creation.
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Glenn “Dreamer” Kisela, the driving force behind Nibble Africa and an Allan Gray Fellow, expressed his excitement, stating, “The support garnered from this seed funding round is a testament to the dedication of our team and the potential we see in the esports and gaming industry. This funding empowers us to amplify our impact and explore new horizons within the sector.”
This milestone achievement also positions Nibble Africa within the prestigious Pathways initiative, providing access to invaluable industry expertise, mentorship, and strategic resources. The support from E Squared, the Venture Builder, further cements Nibble Africa’s trajectory towards success.
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Originating as an esports entity in 2016, Nibble Africa has since evolved into a fully-fledged creative agency, engaged in a diverse portfolio of brands, catering to their marketing and content requisites in the realm of gaming and esports. Among its notable clientele, past and present, are names like CIPLA, Incredible Connection, Nasty C, and PCBuilder.
A spokesperson from E Squared, the Venture Builder, expressed their enthusiasm, saying, “We are enthralled to collaborate with Nibble and anticipate playing a pivotal role in the company’s expansion. Our collaboration with Glenn and Ruth has been exceptional, and we are wholeheartedly committed to providing the indispensable financial and non-financial resources to facilitate the business’s growth and readiness to scale.
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard