Nigerian-Founded AI Startup Minicor Raises $3.8 Million
Minicor, an AI startup co-founded by a Nigerian entrepreneur, has raised $3.8 million. The company aims to bridge artificial intelligence and the older business software that many firms still rely on every day. The round shows that investors are backing AI that works alongside existing systems.
Quick glossaryMinicor, Legacy business software, Startup
- Minicor
- An AI startup co-founded by a Nigerian entrepreneur, which works to connect AI tools with older business software.
- Legacy business software
- Older computer programs that many companies still use to run daily work, often built long ago and hard to update.
- Startup
- A new young company trying to build a business idea, often funded by investors before it earns much money.
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