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440.NG

Venture Capital and Private Equity Principals

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Overview

440 launched in Nigeria in 2014 with a strategy to fund strong teams with web-mobile ideas that have the ability to scale. In 2015 we are running Deal Weekend Lagos, a 24 hour event in which startups will compete to receive equity investment of between $100k and $250k. We guarantee that at least one deal will be signed in the 24 hours. Apply at www.440.ng to participate on September 4th and 5th where entrepreneurs will meet the most respected investors in the ecosystem who have all built their own businesses and can give you their networks, expertise and funding. 440 are seeking to fund strong teams with web-mobile companies that are revenue generating, have demonstrated that there is a market for their product and are now looking to scale rapidly. Startups can apply at www.440.ng until 13th August. 440 is a Joint Venture between 88mph and L5 Labs. The team behind 440 is Chika Nwobi, Founder of L5Labs, a tech-startup incubator. Chika was also co-founder of MTech PLC which, as CEO, he led to become the largest mobile content company in Africa with operations in Nigeria, Ghana, Kenya, Tanzania, Uganda and Ivory Coast serving the likes of MTN, Glo, Airtel, IFC, Ford Foundation and Nokia. Kresten Buch, Founder of 88mph and Co-Founder of 440 is a serial entrepreneur, built a business to over €200M revenue during 1997-2001 and has had two exits. Since becoming an investor, he has made 43 investments in startups in Africa. 440 is a privately backed fund. Check out www.440.ng for more info on the startups funded in 2014