Ingressive Capital to invest up to $100k in African startups


VC firm Ingressive Capital is inviting early-stage startups in Sub-Saharan Africa to apply for between US$50,000 and US$100,000 in funding, with the opportunity to secure follow-on investment.

The sister company of African investment advisory company Ingressive LLC, Ingressive Capital is a sector-agnostic fund makes pre-seed and seed investments in tech-enabled companies, and has previously backed the likes of Paystack and Tizeti.

It also provides follow-on funding with its own investor base, many of whom run some of the leading funds in the world, such as Y Combinator and Techstars, and is looking for post-launch founders with great products solving big problems.

“Fundraising is difficult. We want to help the best and the brightest founders across Africa stay focused and keep building. We’re looking for great ideas built by solid teams. No matter where you are in Sub-Saharan Africa, apply. We’re looking for the best of the best, irrespective of who you know or where you’re based,” said Maya Horgan Famodu, partner at Ingressive Capital.

Applications for funding are open here, with applicant startups to receive an answer within 30 days regarding investment.

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Passionate about the vibrant tech startups scene in Africa, Tom can usually be found sniffing out the continent's most exciting new companies and entrepreneurs, funding rounds and any other developments within the growing ecosystem.

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