ChipMango has raised $1.9 million in a seed round led by Atlantica Ventures. DFS Labs, Madica, Kaleo Ventures, Trilinear Technologies, and Malta Ventures also participated in the round.
The startup will deploy the capital raised towards expanding its engineering and product teams while growing operations across Africa, Europe, and the United States.
A design centre in Malta is in the pipeline, supported by Malta Ventures, the government-backed fund that invested in the round. ChipMango also plans to support initiatives around semiconductor capability, workforce development, and AI infrastructure in Rwanda.
“ChipMango converts Africa’s deep engineering talent into world-class chip-design capability, already proven through production-grade work for global customers. We believe it can become foundational infrastructure for the next generation of smart devices and semiconductor IP,” Anikó Szigetvári, founding partner at Atlantica Ventures, said.
The four-year-old startup was founded in 2022 by Ola Fadiran, its chief executive officer, and Jovan Andjelich. Both Fadiran and Andjelich bring experience from global companies including Tesla, Google, Intel, and Boeing.
The startup blends training and industry work in a model that sees it create a curriculum for its engineers in Nigeria while taking on client work from across the globe.
Partnerships with Nigerian universities including Miva Open University, Obafemi Awolowo University, and the University of Lagos provide it access to students with basic engineering knowledge, which it then builds upon through its training programme.
The model allows ChipMango to develop engineering talent while giving its engineers exposure to real-world chip-design projects for international customers. The company is positioning this combination of training and commercial work as a way to build specialised semiconductor expertise from Africa and connect it to the global technology industry.
The company’s expansion comes as demand for semiconductor and AI infrastructure capabilities grows globally, creating opportunities for engineering talent in emerging markets to participate in increasingly complex parts of the technology supply chain.
“The next era of AI will not be defined by software alone. It will depend on who can design the chips, systems and intelligent hardware that power it. ChipMango is expanding access to those capabilities so more regions can help build the technologies shaping the future,” Fadiran shared.
Last updated: September 1, 2026
