Big Cabal Media has raised US$2.3-million from investors led by Unicorn Capital Partners and Future Africa. Big Cabal Media is a Nigerian digital media company creating strong engaging content that African youth audiences around culture, innovation, entrepreneurship, entertainment and all the things that matter to the youth today. The start-up operates publications such TechCabal and Zikoko. The Big Cabal Media platforms provide services to corporates such as MainOne, Google, Access, Nestle, Ecobank, Dstv and Coca Cola amongst many others. The funding will be used to grow authoritative media products and brands within the ecosystem.
Unicorn Capital Partners is a venture capital firm based in Singapore, that typically invests in assets that are based in China and Asia. It focuses on investing and partnering with leading and emerging venture capital fund managers. Future Africa is a fund manager that invests in early-stage mission driven founders solving challenging problems for large markets. The firm is backed by the founders of Andela, Paystack, Jumpbike and investors at LocalGlobe. The firm has invested in Ndovu, Moneymie, Nexford University, Bamboo, Stears Business, 54gene, Boost, Shara, Chaka and Evolve Credit among others.