Nigerian Blockchain Startup Bitmama Closes $2 Million Pre-Seed Round

Nigerian Blockchain Startup Bitmama Closes $2 Million Pre-Seed Round


After raising $1.65 million via a pre-seed extension, Bitmama, a Nigeria-based blockchain startup, has now closed its pre-seed funding round at $2 million, a report has said. Leading the funding round were two Africa-focused venture capital firms: Unicorn Growth Capital and Launch Africa.

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A Nigeria-based blockchain startup, Bitmama, recently closed its pre-seed funding round at $2 million after it added $1.65 million to the $350,000 that was raised in October last year. According to a Techcrunch report, the funding round was led by two Africa-focused venture capital (VC) firms, namely, Unicorn Growth Capital and Launch Africa.

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Also participating in the fundraise were existing and new investors such as Adaverse, Flori Ventures, Tekedia Capital,

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