AwaBike secures pre-seed funding from Ingressive

AwaBike, a bike-sharing startup based in Nigeria has secured pre-seed funding from VC investor Ingressive Capital. The startup will use the funds to drive its implementation phase by setting up shop in selected communities and to hire key personnel.

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About Ingressive Capital
The venture fund invests between USD 50,000 and USD 100,000 in early-stage African tech startups (seed stage to pre-series A). Thus far Ingressive has invested in a number of startups which include Paystack and Tizeti.