Cameroonian Kiro’o Games Receives USD200,000 funding

0 0
Read Time:55 Second

On the journey to crowdsource USD1 Million, Cameroonian gaming startup receives USD200,000 in investment committments.

After 4 years in the tides as one of Africa’s new entrants to the gaming space, Kiro’o Games claims to have raised USD150,000 in 6 days.

It has recently launched its latest campaign, and has already secured US$200,000 in commitments, including an undisclosed amount from the Cameroon Angels Networks (CAN). It hopes to raise anything between US$300,000 and US$1 million in funding, which it will use to grow its team, develop more games and enter new markets.

In a business plan made available to the public, Kiro’o Games says it hopes to reach at least one million customers in Africa by 2025, with an annual turnover of US$20 million.

“The relationship with a shareholder is as important as that in marriage. Beyond money, Kiro’o will only retain investors who are compatible with our vision. We also ensure rigorous due diligence on investors’ sources of income,” said Jean-Yves Bassangna, co-founder and CFO of Kiro’o Games,

About Post Author

Olorunfemi Adedeji

Olorunfemi is a media and technology expert with a keen interest in edtech, fintech, broadcast technology, game design, and immersive media.
Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
0 0 votes
Article Rating
Spread the love
Subscribe
Notify of
guest
0 Comments
Most Voted
Newest Oldest
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x