Gambia Now Has The Latest Angel Investors Network in Africa

Gambia

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.

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