Startup Funding: Types, Rounds and How to Raise.

Importance: why is discussing this topic important?

The number of startups in Nigeria was pegged at 3,300 in 2020[1], the highest number in Africa. The advent of technology in every sector of the economy has paved the way for an average Nigerian to indulge in building scalable tech startups in record time. Building a successful start-up is capital intensive and raising of funds from VC firms and Angel Investors is often the route taken by founders. This topic educates founders and readers about the intricacies of fundraising, the types of fundraising rounds and how to successfully raise funds without raising red flags.