iROKO Secures $3M Series A Funding to Accelerate the Nollywood Revolution

IROKO, Africa's leading entertainment technology company, is thrilled to announce a successful funding round in which it raised $3,000,000. Since its inception in 2010 by visionary entrepreneurs Jason Njoku and Bastian Gotter, IROKO has rapidly become one of the continent’s most talked-about internet start-ups, revolutionizing the way millions access Nollywood content. Headquartered in Lagos, Nigeria, IROKO launched its flagship platform iROKOtv, which has since aggregated the world’s largest online catalogue of African content—with over 10,000 hours of Nollywood movies and TV shows—setting a new benchmark in the burgeoning Video-On-Demand space. Over the years, the company has evolved into a global content powerhouse, forging impactful partnerships with influential brands such as British Airways, Nollywood TV, Tigo, and The Africa Channel, ensuring the highest quality entertainment reaches diverse audiences worldwide. In a strategic pivot in 2015, IROKO further expanded its media presence with the launch of two linear channels—iROKO Play and iROKO Plus—via the renowned StarTimes network, further cementing its role as a leader in African entertainment. This new infusion of capital will be dedicated to accelerating global expansion, enhancing content acquisition capabilities, and investing in robust technological upgrades to offer an even more dynamic viewing experience. With a strong track record of innovation and backed by investors like Tiger Global, Kinnevik, RISE Capital, and Canal+, IROKO is poised to continue its transformative journey, driving greater access to African storytelling and entertainment on a worldwide stage.