Three Nigerian startups each land $50K in MARL's 14th global cohort
What's the deal? Three Nigerian startups — Solarcorp, BravooDealroom has a profile for this one. Try Dealroom →, and ZendtraxDealroom has a profile for this one. Try Dealroom → — have been selected for the 14th cohort of US-based venture firm MARL's global accelerator, with each receiving $50,000.
Who's in? Solarcorp is a climate-tech company replacing diesel generators in malls and commercial clusters with shared solar-and-storage systems. Bravoo is building a consumer platform around rewards and gamified experiences, while Zendtrax offers enterprise software for procurement, inventory, and supply-chain management.
What's the endgame? Beyond funding, MARL gives founders hands-on help with product development, business strategy, and fundraising. It also connects them to its network of mentors and investors.
Why now? The cohort's Demo Day takes place on November 12, when the startups pitch to MARL's investor network.
"At MARL, we believe great technology companies can emerge from anywhere," said Prakash Goswami, managing partner. He added that the selection "reflects the quality of innovation we're seeing from African founders."
The signal: Selection for an accelerator is a startup-support milestone, not a funding round in the traditional sense. For early-stage Nigerian founders, the value lies as much in access to mentors and investors as in the cheque itself.
Read more: disruptafrica.com
Image credit: Generated with Gemini