Seed

Debt Financing

Lagos

David DeLucia

Cascador

Cascador is the preeminent accelerator for developing a strong value proposition and operational excellence, because we uniquely focus on leadership development, long-term support, and community in tandem with education, mentorship and access to capital.

Stears

Digital Media

Analytics

Data Integration

Financial Services

Finance

Software

Information Technology

Investment

Information Services

Stears is a financial data and software company providing global professionals with data on private capital in Africa.

Sycamore

Consumer Lending

Fintech

Asset Management

Sycamore is a Nigerian fintech company offering a comprehensive suite of financial services, including personal and business lending, asset management, and payment processing. The company also facilitates peer-to-peer lending and provides investment advisory services, particularly for young investors.

Ibadan

Crop2Cash

Agriculture

Agribusiness

Farming

Farmers, especially smallholder farmers, have always had trouble accessing financing as banks are wary of fund mismanagement. Crop2Cash makes formal financing a 100% transparent process for banks while providing much-needed capital to responsible farmers.

Dochase Ads

Adtech

Advertising Services

Marketing

Advertising

Artificial Intelligence (AI)

Digital Marketing

Dochase provides a cross channel advertising technology that allows business reach right customers on websites, social media, mobile phones using accurate data. They empower businesses to raise brand awareness,generate leads, engage right customers across internet and mobile phones.

ORIKI

Consumer Goods

Fitness

Wellness

Training

E-Commerce

ORÍKÌ is Africa’s leading tech enabled wellness, selfcare and personal grooming chain.

Cascador, the accelerator for mid-stage entrepreneurs, has awarded over $3 million debt facilities to nine Nigeria startups.

The funds are to support their operations and reposition them for global competitiveness.

The awardees, who received the funding at a pitch day event  in Lagos,  include Crop2Cash, Oriki, N.E.A.T, Adunmi Organics, Sycamore, DoChase, Drive45, 24SEVEN and ExCare.

Nine startups get $3m debt facilities

Nine Nigerian startups have benefitted from over $3 million debt funding facilities from the premier accelerator for mid-stage Nigerian entrepreneurs, Cascador.

The funds are to support the receivers in operations and reposition them for global competitiveness.

The awardees, who received the fund after presentation of their pitches and being judged industry leaders include Crop2Cash, Oriki, N.E.A.T, Adunmi Organics, Sycamore, DoChase, Drive45, 24SEVEN and ExCare.

9 Nigerian startups receive Cascador’s $3m debt support

Stears, a media startup focused on financial news and insights in Nigeria, has raised a $3.3 million seed round led by MaC Venture Capital, with participation from Serena Ventures, Omidyar Group’s Luminate Fund, Melo 7 Tech Partners, and Cascador. The funding will support Stears' transition from an insights company to a data company, enhancing its data collection and analytics capabilities, hiring data scientists, and expanding into other African regions. Stears plans to focus on high-value subscription data products and expand its Pro product to provide proprietary datasets for international development and financial institutions.

Nigerian data and intelligence company Stears raises $3.3M, backed by Mac VC and Serena Ventures

Nine Nigerian startups have benefitted from over $3 million debt funding facilities from the premier accelerator for mid-stage Nigerian entrepreneurs, Cascador.

Cascador, the accelerator for mid-stage entrepreneurs, has awarded over $3 million debt facilities to nine Nigeria startups.

The funds are to support their operations and reposition them for global competitiveness.

On May 14, 2025, the Radisson Blu Anchorage in Victoria Island, Lagos, was abuzz with entrepreneurial energy as Cascador hosted its annual Pitch Day.  This year, nine entrepreneurs were chosen to pitch their ventures: Michael Ogundare of Crop2Cash, Joycee Awosika of Oriki, Omoniyi Salami of N.E.A.T., Olumide Gbadebo of Adunni Organics, Babatunde Akin-Moses of Sycamore, Chibuke Goodnews of DoChase, Oluwaseyi Adefemi of Drive45, Olufemi Idowu of 24SEVEN, and Omowunmi Emmanuel-Ogah of Ex-Care. 
Cascador awarded all nine businesses debt financing : ₦225,000,000 to Ex-Care; ₦500,000,000 to  N.E.A.T.; ₦100,000,000 to Crop2Cash; ₦750, 000,000 to Oriki;  ₦100,000,000 to Adunni Organics; ₦250,000,000 to DoChase; ₦1,500,000,000 to Sycamore; to Drive45; and ₦500,000,000 to 24SEVEN.

Highlights from Cascador Pitch Day and the launch of a $2M Catalytic Fund

Sycamore, a Nigerian digital lender, is raising ₦1 billion ($628,000) to complete a $1.5 million debt funding round, just one week after securing ₦1.5 billion ($943,000) debt from Cascador, a Nigerian entrepreneurship accelerator. The six-year-old company will use the capital to expand its loan book amid surging demand for credit from individuals and businesses.

Cascador

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Cascador

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 3 sectors we invest in

Portfolio Companies or Investments

Executive Team Members

About

Legal

Social Media

Portfolio Companies
or Investments