Is it July already?
Q1 2021 > H1 2020 ‼️
As we wait for the last deals of March 2021 to be disclosed before we can compute Q1 numbers, one thing is clear: the first quarter of the year has been 🔥 for start-ups in Africa! Beyond TymeBank’s $109M Series B and Flutterwave’s $170M Series C, announced just a couple of weeks apart, dozens of start-ups have raised rounds of $1M+ since the beginning of the year. As a matter of fact, the ecosystem has already crossed the half-billion-dollar mark of funding raised through those $1M+ deals in 2021, and quite comfortably so. Back in 2019 and 2020, it had taken twice as long - until July basically - to reach such a milestone. Now, How long do you think it will take to get to the first billion? 🤔