This Robotics Company, With No Product, Leaves Mr. Paul Perplexed At Their High Valuation

Adejumo Olabode and Abdul Mustafar, founders of Phoenix Robotics, came into the Den with the dream of putting Nigeria's budding robotic industry on the global map. Seeking an investment of N20 million for 12% equity, the duo quickly realise that growing a business isn't child's play.