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NEC Corporation, a prominent Japanese tech giant, plays a significant role in the African startup ecosystem. Their investment portfolio boasts notable companies like Wassha. NEC specializes in early-stage investments, primarily targeting Series A and B rounds. Their unique approach focuses on leveraging their deep expertise in ICT, AI, and mobility to empower African startups and drive innovation across the continent.

NEC Corporation's Portfolio in Africa

NEC Corporation has made over 1 notable investments in African startups. Their most recent investment was in Wassha, announced on August 16th, 2015.
NEC Corporation's Latest news
Multifactor Authentication Market Competitive Landscape Based on Product design | Microsoft Corporation, NEC Corporation - Taiwan News

Multifactor Authentication Market Competitive Landscape Based on Product design | Microsoft Corporation, NEC Corporation - Taiwan News

Multifactor Authentication Market Competitive Landscape Based on Product design | Microsoft Corporation, NEC Corporation - Taiwan News

NEC Corporation of America Names Gary Lac as Vice President of Solutions - Business Wire

NEC Corporation's Investment activity in Africa

With over $7.7M invested in African startups, their latest investment was a Series A round in Wassha, announced on August 16th, 2015, closing at $7.7M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Series A
Wassha
TanzaniaAug 16, 2015$ 7,700,000
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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NEC Corporation's Investment Distribution in Africa.

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

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