Launch Africa Ventures — Pan-African Seed & Pre-Series A Fund
Launch Africa Ventures is one of Africa's most active early-stage VC firms, having made over 180 investments across 25 African countries since…
Techstars invests $220,000 in early-stage African tech startups for a 13-week mentorship programme, giving you access to 10,000+ global mentors. You must have a working product, paying customers, and be able to work full-time for three months.
Techstars runs dedicated Africa-focused accelerator programmes including Techstars Lagos (in partnership with ARM Labs), offering a 13-week mentorship-driven programme for early-stage African tech startups. Each accepted company receives a $220,000 investment ($20,000 for 5% common stock plus a $200,000 uncapped MFN post-money SAFE), lifetime access to the Techstars global network of 10,000+ mentors and 3,000+ alumni companies, and direct connections to investors. Applications open twice yearly; programmes are currently listed as open on aggregator and official tracking pages.
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Techstars reviews applications for product maturity, founding team quality, market opportunity, and likelihood of success within the portfolio. Shortlisted teams progress to founder interviews and due diligence. Final decisions are made by the Techstars selection committee. If accepted, you will receive a term sheet and join the next cohort, which runs for 13 weeks with weekly mentor sessions, demo days, and investor networking.
What reviewers look for
Typically yes—Techstars programmes are in-person and require full-time attendance at the accelerator space. Check the specific programme location (e.g. Techstars Lagos) when you apply.
Yes. Techstars requires founder commitment for the entire 13-week duration. If you have co-founders, at least the core team must be able to work full-time on the programme.
You receive $20,000 in cash for 5% equity plus a $200,000 uncapped MFN post-money SAFE (Simple Agreement for Future Equity). This protects you if you raise money at a higher valuation later.
Techstars operates on a rolling basis with applications typically opening twice per year. Check the official Techstars website or your country's programme page for exact dates.
Yes, as long as you have a working MVP and customer traction. Techstars focuses on product and team quality, not how long you have been trading.
Guide written from the official programme page on 18 October 2026. Funders change their rules, so confirm the details on the official page before you apply.
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