Monday, January 31, 2022

Greycroft Backs Startup In Nigeria

In an investment a bit farther afield than usual, Los Angeles-based Greycroft Ventures is one of the lead investors in a Nigerian startup, Bamboo, as part of a $15M funding round. According to reports, the Series A was led by Greycroft and Tiger Global, and also included Ventures, Saison Capital, Chrysalis Capital and Y-Combinator CEO Michael Seibel. Bamboo is offering up people in Africa the opportunity to invest in US stocks.