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Block: A Seed-Stage Powerhouse in Africa's Tech Ecosystem Block's focus on early-stage investments in cutting-edge startups like Telda and Gridless sets them apart. Their dedication to nurturing entrepreneurial talent and shaping the continent's technological landscape is truly exceptional.

Type
Private Equity

Block's Portfolio in Africa

Block has made over 3 notable investments in African startups. Their most recent investment was in Yellow Card, announced on October 16th, 2024.
Block's Latest news
Makin’ Tracks: ‘Whiskey’ Fuels Justin Moore’s New Duet With Priscilla Block - Billboard

Establishment Labs Holdings Investigated by Block & Leviton For Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged to Contact the Firm - GlobeNewswire

H&R Block to Release Fiscal 2023 First Quarter Results on November 1, 2022 - GlobeNewswire

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Block, Inc. (SQ) Investors to Contact the Firm's Attorneys, Privacy Breach-Related Securities Fraud Class Action Filed - GlobeNewswire

Block, Inc. (SQ) Shareholder Update: Robbins LLP Reminds Investors of Class Action Against Block, Inc. - Business Wire

Madison Block & Stone Joins SiteOne Landscape Supply - Business Wire

The Block 2022: Sharon's family concerned for her after racist abuse - Daily Mail

The Block: Rachel and Ryan Carr receive a small payout in real estate agent dispute - Daily Mail

Rocket League's Block Party Event Gives A Nod To The Game's Most Passionate Hoops Players - Forbes

48% of Ethereum Blocks Face Censorship From OFAC-Compliant Flashbots – Technology Bitcoin News - Bitcoin News

Block's Investment activity in Africa

With over $55M invested in African startups, their latest investment was a Series C round in Yellow Card, announced on October 16th, 2024, closing at $33M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Series C
Yellow Card
NigeriaOct 16, 2024$ 33,000,000
Seed
Telda
EgyptOct 12, 2022$ 20,000,000
Seed
Gridless
KenyaDec 06, 2022$ 2,000,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000

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Block's Investment Distribution in Africa.

Block's currently has Startuup investments spread across the following location(s)

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