Minicor funding puts Nigerian AI back in the chat

Minicor Funding Puts Nigerian AI Back in the Chat

Nigerian co-founded artificial intelligence startup Minicor has raised $3.8 million in seed funding, highlighting growing investor interest in AI technology and its potential to transform business operations.

Minicor, a San Francisco-based technology startup co-founded by Nigerian software engineer Saheed Akinbile and Faizaan Chishtie, has secured $3.8 million in seed funding to develop technology that connects artificial intelligence applications with older business software.

The funding round was led by Brad Gillespie of IA Ventures, with participation from Y Combinator, Paul Graham, Pioneer Fund, Robinhood Ventures, Garage Capital, Rebel Fund, K5 Global and 20VC, among other investors.

The Problem Minicor Is Solving

Many businesses, particularly in healthcare, banking, financial services and logistics, still depend on older computer software to manage their daily operations.

Although these systems remain useful, they often lack modern integration capabilities, making it difficult for newer technologies, including artificial intelligence, to communicate with them.

Replacing these older systems can be expensive and disruptive. Minicor aims to solve this problem by developing technology that allows AI applications to interact directly with existing desktop software.

Its platform converts desktop-based business processes into accessible application programming interfaces (APIs), enabling AI systems to perform routine tasks more efficiently without requiring companies to replace their existing infrastructure.

What the Funding Means for AI

Minicor’s $3.8 million funding represents more than financial support for a growing technology company. It also reflects investor confidence in artificial intelligence solutions that address practical business challenges.

As businesses increasingly explore AI adoption, investors are showing interest not only in developing advanced AI models but also in the infrastructure that makes these technologies useful in everyday business operations.

The investment also highlights the growing contribution of Nigerian technology professionals to the global innovation ecosystem.

Although Minicor is headquartered in the United States, its Nigerian co-founder, Saheed Akinbile, represents the growing presence of Nigerian talent in international technology development.

Conclusion

Minicor’s achievement demonstrates that the future of artificial intelligence is not limited to creating smarter machines. It also involves finding practical ways to connect AI with existing systems and solve real-world problems.

With $3.8 million in new funding, the company has an opportunity to expand its technology and contribute to the next stage of AI-powered business automation.