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Y Combinator

A collection of 10 posts

YC De-emphases Late-Stage Funding to Focus on Early-Stage Investments

Early-stage investment

YC De-emphases Late-Stage Funding to Focus on Early-Stage Investments

Y Combinator, the Silicon Valley-based startup accelerator and venture capital firm, has announced a strategic shift in its investment focus from late-stage funding to early-stage investing. The company’s CEO, Garry Tan, explained that “YC is rightly known for early stage investing. In recent years, we have also done some

YC Reduces Summer 2022 Cohort Size by 40% Due to Economic Downturn

YC Reduces Summer 2022 Cohort Size by 40% Due to Economic Downturn

Y Combinator, an American-based global technology startup accelerator has reduced the number of startups within its accelerator for the summer 2022 batch from 414 in its previous cohort to 250, which represents a 40% reduction. According to The Information, this was due to the current economic downturn and the recent

There Were 32 New Global Unicorns Last Month. None was from Africa

There Were 32 New Global Unicorns Last Month. None was from Africa

Africa didn’t have a single unicorn roughly six years ago, but today the region is home to about eight startups worth over $1 billion. This results in a noticeable improvement while also portending room improvement compared to other heavyweights. African startups have joined the rest of the world, demonstrating

5 African Startups in Y Combinator’s Summer 2022 (YC S22) Batch

5 African Startups in Y Combinator’s Summer 2022 (YC S22) Batch

When Paul Graham launched Y-Combinator in 2005, the firm differentiated itself from other startup accelerator firms due to the value-added service they have been able to provide their clients. Y-Combinator’s business model is to invest in startup companies, even those considered to be high-risk startups, which may not have

Nigeria's Topship secures $2.5M from Flexport-led seed round to help merchants with intl shipping

Nigeria's Topship secures $2.5M from Flexport-led seed round to help merchants with intl shipping

Nigerian’s Topship, a logistic startup that recently graduated from the Y Combinator program has secured a $2.5 million seed round just months after rounding off the YC winter batch. Flexport-led the seed round with participation from the Y Combinator, Soma Capital, Starling Ventures, Olive Tree Capital, Capital X,

Nigerian Eazipay Inc. Joins the Y Combinator W22 Accelerator Program

Nigerian Eazipay Inc. Joins the Y Combinator W22 Accelerator Program

Eazipay Inc., a Nigerian startup that provides payroll and bookkeeping services to SMEs and corporates, has announced its participation in the Y Combinator Winter 2022 accelerator program. Based in Lagos, Nigeria, Eazipay designs Apps and APIs solutions for payroll and corporate taxes for small businesses and startups. With just one

Nigerian TAP, Uganda based Numida, to participate in Y Combinator W22 Batch

Nigerian TAP, Uganda based Numida, to participate in Y Combinator W22 Batch

Nigeria-based Touch and Pay Technologies Limited (TAP) and Ugandan fintech, Numida join other African startups as they announced participation in the winter batch of the 2022 Y Combinator accelerator program. Touch and Pay Tech Ltd is an IT service agency that digitizes and processes cash-based microtransactions across Africa’s informal

Nigeria Startup Dojah Announces Participation For Y Combinator W22 Batch

Nigeria Startup Dojah Announces Participation For Y Combinator W22 Batch

The Nigerian-based tech startup Dojah has confirmed its participation in the W22 Y Combinator accelerator program. “We are excited to announce that we are part of the Y Combinator W22 Batch. As a unified KYC and digital solutions company, we have a single goal of empowering scale and innovation for

Nigerian startups Moni, Topship, confirm participation for Y Combinator’s W22 batch

Nigerian startups Moni, Topship, confirm participation for Y Combinator’s W22 batch

Two Nigerian startups Moni and Topship, have now been confirmed as participants of the YCombinator Accelerator Program, Winter 2022 Batch. The program would run from January through March. Participants receive seed funding to upscale their startups as well as other investment opportunities at demo day. Founded by Femi Iromoni, Moni

Nigerian IdentityPass, Ethiopian BeU Delivery Gets Into Y Combinator W22 Batch

Nigerian IdentityPass, Ethiopian BeU Delivery Gets Into Y Combinator W22 Batch

Ethiopian startup BeU delivery and Nigerian-based IdentityPass have been confirmed as participants in the prestigious Y Combinator W22 Batch which would run from January through March. Participants receive $125,000 in seed funding in addition to other investment opportunities at the demo day. beU delivery has just been added to