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MassChallenge Africa fosters innovation by providing startups with grant funding, mentorship, and networking opportunities. Its focus on non-equity assistance empowers entrepreneurs to retain ownership while receiving critical support. This unique approach sets MassChallenge apart in Africa's investment ecosystem.

MassChallenge's Portfolio in Africa

MassChallenge has made over 11 notable investments in African startups. Their most recent investment was in Sproxil, announced on February 28th, 2011.
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Three Startups Win among 16,000 Applicants to Bridge to MassChallenge Nigeria 2021-22 - TechEconomy.ng

MassChallenge's Investment activity in Africa

With over $2M invested in African startups, their latest investment was a Venture round in Sproxil, announced on February 28th, 2011, closing at $1.8M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Non-equity Assistance
Earthbond
NigeriaJul 26, 2023Undisclosed
Grant
Good Nature Agro (GNA)
ZambiaNov 01, 2016Undisclosed
Non-equity Assistance
mDoc
NigeriaNov 01, 2016Undisclosed
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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MassChallenge's Investment Distribution in Africa.

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

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