AfriBlocks made history early this year when it became the first local startup to be selected for the Techstars Seattle Cohort 2021. Being chosen to be part of a Techstars program is one of the biggest marks of recognition in the startup world.
Techstars has raised over US$11.4 billion in funding for over two thousand startups that have come through its incubator. On top of that 85.6% of all the startups mentored by the US-based program are either active or have been acquired.
“Joining the Techstars Seattle class of 2021 is a considerable milestone in the early development of AfriBlocks. The timing couldn’t be better as we continue to see development in the African tech ecosystem, which only increases our long-term growth opportunities”Tongayi Choto, CEO and co-founder of AfriBlocks
AfriBlocks have now completed the 13-week long program and have graduated from the incubator. This means that they will be in line to receive industry links and funding from the Techstars ecosystem.
A hearty to Tongai Choto, fellow co-founder Roger Roman and the team on this achievement. Wishing you all the very best.
Afriblocks’ Techstars demo day pitch
Want to know more about AfriBlocks
Before AfriBlocks embarked on the Techstars journey we had a chance to sit down and talk to the startup’s CEO Tongayi Choto. You can check out that conversation in the link below.