AFRICAN STARTUPS MORNING WIRE
ISSUE OF
The overnight wire, every weekday morning — the raises, launches and exits the desk judged in.
Vatar seeks $2.5m pre-seed for Lagos Life while Aqar Exit raises EGP10m.
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SCOOP: Lagos Life’s parent company is in talks to raise a $2.5 million pre-seed round
Vatar, the company behind Lagos Life, is seeking $2.5 million in pre-seed funding after its virtual game attracted 10 million players.
Why it matters: Vatar's $2.5m pre-seed round signals continued investor interest in virtual gaming platforms targeting African audiences.
thecondia.com · United States · 22 October
Egyptian prop-tech Aqar Exit raises $183k funding
Aqar Exit's EGP10m investment from Intro Holding Group highlights growing capital flow into Egyptian property technology startups.
disruptafrica.com · 22 October