Early-Stage Venture Capital Fund
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Bold African Founders
Featured Portfolio Companies
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https://fezdelivery.co/
Fez
Fez
Fez is perfecting last-mile delivery — offering speedy and reliable delivery services to individuals and businesses across Nigeria and, soon, Africa.
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https://shekel.africa
Shekel Mobility
Shekel Mobility
Shekel Mobility empowers used car dealers across Africa, providing them with access to credit, car lots and a dealer management system to optimize their operations and increase profit
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https://payourse.com/
Payourse
Payourse
Payourse is on a mission to build the crypto infrastructure for Africa. With products like Coinprofile and Simpa, Payrouse makes it easy to move crypto through the continent and start a crypto exchange.
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https://remedial.health/
Remedial Health
Remedial Health
Remedial Health is improving the quality of life in Africa by providing e-procurement & CRM tools to pharmacies & patent medicine stores (PPMVs). They also offer pharmacies & PPMVs access to credit.
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https://norebase.com/
Norebase
Norebase
Since it’s launch in June 2021, Norebase is enabling anyone, launch and expand a business across Africa using technology. Think Stripe Atlas + Turbo Tax for Africa.
https://prod-files-secure.s3.us-west-2.amazonaws.com/fd6bfab9-1fdb-4d64-b944-40d46d6de5d5/2bf65d89-13eb-4901-9b15-8fb3bb966188/earnipay.svg?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Content-Sha256=UNSIGNED-PAYLOAD&X-Amz-Credential=AKIAT73L2G45FSPPWI6X%2F20241121%2Fus-west-2%2Fs3%2Faws4_request&X-Amz-Date=20241121T050153Z&X-Amz-Expires=3600&X-Amz-Signature=b24cb632b220dcc36ef009b71662be2dbafcd64a9f5ba63b1ac013e29b0780f6&X-Amz-SignedHeaders=host&x-id=GetObject
https://earnipay.com/
Earnipay
Earnipay
Earnipay is enabling Nigerian employers offer their employees access to their earned salaries at any time without making changes to their existing payment process. Think Wagestream in the UK or Minu in Latin America.
https://prod-files-secure.s3.us-west-2.amazonaws.com/fd6bfab9-1fdb-4d64-b944-40d46d6de5d5/589c784d-1144-47e9-beed-da23c5978777/traction.svg?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Content-Sha256=UNSIGNED-PAYLOAD&X-Amz-Credential=AKIAT73L2G45FSPPWI6X%2F20241121%2Fus-west-2%2Fs3%2Faws4_request&X-Amz-Date=20241121T050153Z&X-Amz-Expires=3600&X-Amz-Signature=01afe8d7353b0098e68bcaccf6e1a0447ad713bb5381353055c6d91859d6b913&X-Amz-SignedHeaders=host&x-id=GetObject
https://tractionapps.co/
Traction Apps
Traction Apps
Traction Apps is an ecosystem for African SMEs to accept payments, run their businesses and access capital for growth. They are building a suite of connected tools which will be the operating system for SMEs in Africa.
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https://mechoautotech.com/
Mecho Autotech
Mecho Autotech
Mecho gives Nigerian automobile owners access to affordable, verified automobile technicians & parts.
What Drives Us
We’re on a mission to back extraordinary entrepreneurs out of Africa who are solving the most critical problems in large markets.
Extraordinary
Founders
We believe the highest potential exists when extraordinary founders tackle problems in large markets.
Larger Markets
Large Exits
Larger markets mean more prominent companies. We will look favourably at startups in large markets.
Investing Early
Large Multiples
We invest at the pre-seed and seed stage, helping us optimize the returns per startup invested in.
