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AI has drawn increased funding and interest from investors in recent years. Last year, AI startups raised $115 billion, according to PitchBook data.
By his mid-20s, Ritik Malhotra had already built and exited two successful tech companies -- Streem, which was acquired in 2014, and Elph, which was acquired by Brex in 2019. After exiting these...
According to a June 2019 fundraising pitch deck seen by Forbes, Scale was on track to have an annual revenue over $40 million. [2] [3] In August 2019, after Peter Thiel’s Founders Fund made a $100 million investment in Scale, its valuation exceeded $1 billion and it acquired Unicorn status. [2] [3]
Mara was founded in 2021 by Chi Nnadi, Lucas Llinás Múnera, and Dearg OBartuin. [1] [5] [6] The Mara executive team is led by Chi Nnadi (Co-Founder and CEO), Dearg OBartuin, and Yana Afanasieva, and joined by board advisors Kojo Annan and Tatiana Koffman.
Paystack was founded in 2015 by Shola Akinlade and Ezra Olubi who met at Babcock University and worked in banking and IT before founding Paystack. [3] [4] In November 2015, it became the first Nigerian company to be accepted into the startup accelerator Y Combinator. [5]
The application process is open to anyone but highly competitive. For instance, Y Combinator and TechStars have application acceptance rates between 1% and 3%. Seed investment in startups may be made, in exchange for equity. Typically, the investment is between US$20,000 to US$50,000 in the US, or £10,000 to £50,000 in Europe. [3]
A pitch book, also called a Confidential Information Memorandum, is a marketing presentation (information layout) used by investment banks, entrepreneurs, corporate finance firms, business brokers and other M&A intermediaries advising on the sale or disposal of the shares or assets of a business. It consists of a careful arrangement and ...
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related to: pitch decks of successful startups in africa 1 and 3