440.ng
About 440.ng
440.ng is a Nigerian venture capital firm that invests in early-stage technology companies across various sectors. The firm focuses on providing seed and early-stage funding to startups targeting the African market, particularly those scalable via web and mobile platforms. 440.ng operates an accelerator program that offers investments ranging from $20,000 to $110,000 in exchange for equity stakes of 10% to 25%. The program includes a three-month intensive period designed to accelerate product development, revenue generation, and customer acquisition. Startups also gain access to a network of mentors, investors, and partners, such as Google for Entrepreneurs, to enhance their chances of success. 440.ng's investment strategy emphasizes the importance of execution and market fit over mere innovation, aiming to support startups that deliver substantial value to their customers. The firm has invested in various Nigerian tech startups, including DavtonLearn, a video learning platform, and has been involved in the Nigerian startup ecosystem since its inception in 2014. 440.ng continues to seek promising early-stage technology companies to invest in, contributing to the growth and development of the Nigerian tech industry.
Investment Mandate
Investment Stages2
Asset Classes1
Industry Focus1
Geographical Focus
Requirements
Startups targeting the African market, Scalable via web and mobile platforms, Seed and early-stage companies
Stated Portfolio1
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