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Key people at iHatch Management.
iHatch Management was founded in 2000 by Chip Austin (Co-founder).
iHatch Management is a Nigerian government-backed program dedicated to upskilling and equipping innovation hubs to better support early-stage startups across Nigeria. The initiative strengthens hub infrastructure nationwide by providing structured tools, curriculum frameworks, and coordinated oversight, thereby standardizing incubation quality, founder training, mentorship, and startup formalization. Adopting a systems-level approach, iHatch aims to improve startup outcomes beyond major tech clusters, with funding provided by agencies such as the National Information Technology Development Agency (NITDA) and the Office for Nigerian Digital Innovation (ONDI), in partnership with the Japan International Cooperation Agency (JICA). Its Cohort 5, which opened applications in February 2026, targeted 37 innovation hubs across Nigeria's 36 states and the FCT. These selected hubs are equipped to coordinate founder training and incubation aligned with national standards. Specific financial metrics, such as funding raised or valuation, along with founding year and founders, are not publicly available.
Key people at iHatch Management.
iHatch Management was founded in 2000 by Chip Austin (Co-founder).
iHatch Management has 2 tracked investments across 2 companies. The latest tracked deal is $10.0M Series A in Otter in February 2018.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Feb 26, 2018 | Otter | $10.0M Series A | Horizons Ventures | James Pallotta, JAY Markley, STU Porter, Bridgewater Associates, Metalab |
| Mar 1, 2012 | Metaresolver | $2.0M Seed | Harrison Metal, Baseline Ventures | Great Oaks Venture Capital, Sequoia Capital, Eniac Ventures, Lerer Hippeau |