This virtual incubator, which has invested more than $13 million into more than 24 graduated startups has announced that it has finished its first round of funding for 2019 to invest in startups interested across Africa and beyond.
UAE-based FasterCapital.com, which has attracted more than 250 submissions from more than 60 countries is a virtual incubator based in Dubai but focused on startups from the whole world. Application results will be announced in four weeks time and will allow FasterCapital to come in as a technical cofounder and invest up to 75% of the seed funding in each accepted startup.
FasterCapital closed the round with the announcement of accepting a new innovative startup from Australia (Bubble.Global) into its incubation program with an investment of usd 150,000.
FasterCapital is a virtual incubator based in Dubai Internet City, UAE has invested more than 13 million USD since its creation in 2010 and has more than 100 internal developers working on multiple projects.
