Y Combinator’s summer batch of 2021 features 377 startups from 47 countries. It’s the 33rd Demo Day of the well-known accelerator and holds the largest cohort yet. YC S20 had 198 startups, so that’s a 90% increase from last year.
African startups also increased from 10 in the winter batch to 15 this time around. Nigeria leads the way again with five startups, while Egypt has four, Morocco has two, and Kenya, Ghana, Zambia and South Africa each have one.
Another valid reason for the uptick could be that YC is getting more applications from Africa due to the recent success stories of Paystack and Flutterwave. At least, that’s the view shared by Kat Mañalac, the head of Outreach at YC.
SOURCE: TECH CRUNCH