After enrolling in the W22 batch of the famed Silicon Valley-based Y Combinator incubator, twenty-four African businesses have been presenting at demo days.
The W22 batch of the Y Combinator programme is presently in session and will culminate with a demo day next week. Y Combinator has played a role in the early days of firms such as Airbnb, Coinbase, and Dropbox, among others.
On a demo day, participants earn initial financing as well as further investment options. The S21 cycle of the accelerator has 15 African businesses, the highest number yet until W22, which had 24 African startups.
Nigeria is the best-represented non-US nation in the cohort, accounting for 18 of the 24 African individuals.