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Lagos Life maker Vatar raises $500,000 one week after launch

Vatar Inc., the company behind the viral Nigerian browser game Lagos Life, has closed a $500,000 pre-seed round at a $10 million valuation.

Tarun Mottlia

Via TechCabal

·Excerpt
Lagos Life maker Vatar raises $500,000 one week after launch
Image: Image source: TechCabal.

Vatar Inc., the company behind the viral Nigerian browser game Lagos Life, has closed a $500,000 pre-seed round at a $10 million valuation three days after incorporation, according to a company statement.

“We built something people love that is growing very fast, so a lot of investors wanted to be involved,” Shalom Rayhamen, co-founder and CEO of Vatar Inc., told TechCabal in an interview. “We got the opportunity to connect and hear their offers, and because we are growing so…

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