Applications are open for the Lagos Angel Network’s 1st DealDay event for 2018.
The Lagos StartUp DealDay is an Angel investment round run by the Lagos Angel Network. This events brings together LAN members, other angel investors and Lagos start-up ecosystem players in a process where the most worthy startup ventures (in target sectors) pitch.
As an investment vehicle, Lagos StartUp DealDay has raised over N200 million from LAN members and the early stage investment community through which it invested in some of the fastest growing start-ups in Nigeria including Café Neo, Big Cabal Media and Versecom.
Startups interested in pitching at the DealDay event must meet the following criteria:
- N25-50m funding requirement
- Post-revenue stage (i.e. existing customers)
- In operation for >2 years and <5 years
- Incorporated with CAC in Nigeria
- Full Time Leadership Team
Shortlisted ventures will pitch to a closed group of angels and syndicates on the 26th of April, 2018. The subsequent process of due diligence, agreement and fund disbursement is expected to be concluded by end of May 2018. Investment will be through LANs five syndicates, TechnoVision, Sasware, Genesis, RisingTide and Links.
Interested? Click here to apply
Application Deadline: March 24th, 2018.