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Launched in 2011, 88mph is a startup accelerator operating in Nairobi and Cape Town. They focused their investments in web based and mobile application based startups within the African marketplace.
The duration of the accelerator program was three months and they invested up to $100,000, with an average investment of $25,000. Their yearly accelerator programs included Nairobi 2011, Nairobi 2012, Cape Town 2013, Nairobi 2013 and Cape Town 2014.
In June of 2015, 88mph announced they would not invest in any startups for at least two years and instead turned their focus on working with existing portfolio companies.
As of Jul 31 2018, its 17 startups have collectively raised an estimated $3,358,240, an average of $197,543 each.