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Viktoria Business Angels Network, Pangea co-invest $200k in Kenya’s ManPro
Viktoria Business Angels Network (Vban) and Pangea Accelerator have together invested $200 000 in Kenyan startup ManPro.
ManPro has developed a construction management system that enables accountability, accuracy and transparency in property and infrastructure projects. The startup was founded last year by Linus Wahome (pictured above).
Vban said in a statement on Tuesday (19 November) that the investment has been structured in two tranches. The first is $20 000 which ManPro will be able to access immediately, while the remainder is pegged on perfomance.
Kenyan startup ManPro was founded last year by Linus Wahome
The funding will drive ManPro’s customer acquisition strategy and augment its service offering.
Wahome said in the same statement that the startup had bootstrapped for about a year and managed to build a minimum viable product (MVP).
“However, we were almost exhausting our resources yet we still needed to close some major gaps relating to product-market fit. The angel investment we got will give us enough bandwidth to close these gaps and get us ready for scaling,” he added.
Featured image: ManPro founder and CEO Linus Wahome (Vban)
