Tech Company Financing Transactions
Stears Funding Round
MaC Venture Capital, Cascador and Luminate Group invested in a $3.3 million Seed capital raise for Stears. The round was announced on 10/11/2022.
Transaction Overview
Company Name
Announced On
10/11/2022
Transaction Type
Venture Equity
Amount
$3,300,000
Round
Seed
Investors
MaC Venture Capital (Lead Investor) (Marlon Nichols)
Proceeds Purpose
Stears started as a media publication focused on financial news and insights in Nigeria.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
Lagos Island, Undisclosed
NG
Lagos Island, Undisclosed
NG
Phone
Undisclosed
Website
Email Address
Overview
Operator of digital media and information agency intended to provide authoritative coverage of Nigerian finance, economics, and development. The company sources data and information from various sources locally and internationally and centralizes them into a knowledge base, distributing them to the audience and customers, enabling readers to access published business news analysis and insights from professionals in banking, consulting, law, academia, government, and civil society.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Preston Ideh
Chief Operating Officer
Abdul Abdulrahim
Chief Technical Officer
Foluso Ogunlana
Co-Founder
Michael Famoroti
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