Zimbabwe's Hypercube closes shop after funding lack

Techmoran reports that Hypercube, Zimbabwe’s version of iHub or leaning more towards the Nailab model is closing shop. This is not good news as there is quite a number of startups that have gotten life as a result of interacting with this hub. Hubs have their role and this one failing is quite a message to the even smaller dependants who seek to raise funds to navigate the customer acquisition market.

Sometime back, one of our hubs, not sure I can disclose the name, was almost closing shop before they got a lifeline, and they are strong after that. 88MPH closed shop sometime back in Kenya after calling Kenyan startups “fluff”.

We do hope Hypercube gains some lifeline and comes back swinging.

i doubted it would survive considering the macro economic issues facing zimbabwe at the moment