Ingressive Capital has raised an additional $5 million from new investors to become a $10 million fund. It would be investing between $200,000 and $400,000 in early-stage startups at $2 million valuations for 10% equity.
Google for Startups Accelerator Africa Class 5 has been announced. Rather than the usual 12 startups selected twice a year, this cohort is a combined class of 20 startups and it could be the last cohort of the programme.