| Date | Title | Description |
| 04.05.2024 | Nigeria’s Renda raised $1.9 M Pre-seed funding to drive expansion | In order to improve its services and spur growth, Nigeria’s Renda, a technology company that streamlines order fulfillment and retail distribution for companies throughout Africa, has closed a US $1.9 million pre-seed round of debt and equi... |
| 24.10.2023 | In the wake of Dash’s closure due to fraud, 5 investors talk due diligence in Africa | It’s been a tough year for tech startups globally. These struggles have manifested in layoffs, down rounds and complete shutdowns caused by current market conditions, utter mismanagement or fraud.
This August, SoftBank sued one of its portf... |
| 29.03.2023 | Payday secures $3M seed round to power the future of work for Africa | Payday, the leading Pan-African neobank issuing global (USD, EUR & GBP) accounts to Africans, has announced a $3M seed round, led by Moniepoint Inc, with participation from HoaQ, DFS Lab’s Stellar Africa Fund, Ingressive Capital Fund II... |
| 09.02.2023 | After a record 2022, 8 investors explain why it’s ‘still just Day 1’ for Africa’s startup ecosystem | Last year was a good 12 months of firsts for African tech startups.
For the first time, the sector attracted over 1,100 unique investors in 2022, which in turn resulted in a record fundraising haul of $6.5 billion, according to data from Pa... |
| 09.08.2022 | “The African tech ecosystem will remain unshaken in this economic downturn,” founders and investors say | In May 2022, after over a year of the tech stock market bull run and record billion-dollar investments raised by startups across the globe, the effects of the global economic downturn started to trickle in. Tech companies around the world l... |
| 18.05.2022 | My pivot journal: How Jessica Oguh became Kuda’s social media strategist | My Pivot Journal is a Ventures Africa weekly series documenting people’s career transitions from one industry to another, especially to tech.
Jessica Fortune Oguh was not always sure of what she wanted for a career. But she was sure of what... |
| 14.04.2022 | No signs of a slowdown in Africa’s tech funding, data show | Could African tech be immune to the global funding slowdown? It sounds like a counterintuitive question to ask. “Africa, being home to several economies largely based on the export of natural resources, has historically been the opposite of... |
| 28.02.2022 | In Ghana’s agrifoodtech sector, investors and entrepreneurs share mutual skepticism | Desmond Koney knew the fundraising journey for his startup was going to be tough. His company, Complete Farmer, operates an agribusiness marketplace for Ghana’s under-financed and under-resourced farmers. Financing for agrifoodtech ventures... |
| 25.02.2022 | Breaking down funding terms: what do equity, debt and hybrid financing mean? | Stop us if you’ve heard this before:
“[Insert startup name] has announced the close [insert millions of dollars in raise] of a pre-seed/seed/Series A round led by Venture Capital/Private Equity/Angel Investor firm…”
Startup funding across A... |
| 08.12.2021 | Techpoint Awards 2021: And the nominees are… | Share this article:
[Updated on December 15, 2021]: Payourse requested to be removed as a finalist in The Most Outstanding Crypto Exchange category.
[Updated on December 14, 2021]: The Most Outstanding Logistics Startup 2021 was renamed Mos... |
| 16.11.2021 | Complete Farmer looks to the crowd to give African smallholders a boost | When Desmond Koney took over the family pineapple farm after his father passed, his plans to grow and scale the business failed – dismally. That failure ignited the idea behind Complete Farmer.
Koney, a Ghanaian mechanical engineer, experie... |
| 30.09.2021 | Investing In Africa? Invest In Women | Madji Sock, co-Founder and former President of WIC Capital. Managing Partner of DALBERG Senegal Thiaba Camara Sy, |
| 16.09.2021 | 54gene Closes $25M Series B to Advance Global Drug Discovery Capabilities | |
| 09.08.2021 | When it comes to investing in African tech, sustainability matters | This article was written by Maya Horgan Famodu – partner & founder of Ingressive Capital – and reviewed by TechCabal’s editorial team. All views are hers and not attributable to TechCabal. Sustainability and African tech startups
Ingres... |
| 29.06.2021 | Ghana-based Jetstream raises $3m to build tech solutions for Africa’s trade corridors | Share this article:
Ghana’s Jetstream has closed a $3 million seed round as it aims to build digital infrastructure for Africa’s trade corridors. Local and international investors that participated include Alitheia IDF, Golden Palm Investme... |
| 22.01.2021 | How fintech and serial founders drove African pre-seed investing to new heights in 2020 | When Stripe-subsidiary Paystack raised its seed round of $1.3 million in 2016, it was one of the largest disclosed rounds at that stage in Nigeria.
At the time, seven-figure seed investments in African startups were a rarity. But over the y... |
| 14.01.2021 | Ghana fintech startup secures $700k investment | OZÉ a Ghana-based fintech startup has secured $700k in capital from a seed round with investment from Anorak Ventures and Matuca Sarl and angel investors including Nigeria’s Rising Tide Africa along with existing investors Ingressive Capita... |
| 14.01.2021 | Ghana fintech startup secures $700k investment | OZÉ a Ghana-based fintech startup has secured $700k in capital from a seed round with investment from Anorak Ventures and Matuca Sarl and angel investors including Nigeria’s Rising Tide Africa along with existing investors Ingressive Capita... |
| 27.11.2020 | Do more founders in a startup mean more investments? | Share this article:
About the uptick in pitches he has witnessed since Stripe acquired Paystack, Kola Aina, Founding Partner of Abuja-based VC firm, Ventures Platform tweeted earlier in the week.
“It’s like they are sharing startup now oh. ... |
| 02.08.2020 | How To Start A VC: Interview With Maya Horgan Famodu, Founder, Ingressive Capital | “I have an obligation to use my access to empower the next generation of |
| 06.07.2020 | An insight into how Ingressive Capital invests in African startups | Share this article:
Ingressive Capital, the venture capital fund focused on early-stage African tech, recently completed its $10 million fund.
According to information on the firm’s website, the fund is committed to supporting the next gene... |
| 25.06.2020 | Ingressive Capital grows African tech fund to $10m | Lagos based venture capital (VC) fund Ingressive Capital has announced that it has doubled its investment fund to $10-million, to back high-growth, tech-enabled startups across Africa.
The venture capital (VC) fund, which was founded in 201... |
| 25.06.2020 | Ingressive Capital grows African tech fund to $10m | Lagos based venture capital (VC) fund Ingressive Capital has announced that it has doubled its investment fund to $10-million, to back high-growth, tech-enabled startups across Africa.
The venture capital (VC) fund, which was founded in 20... |
| 24.06.2020 | Ingressive Capital completes its $10m African fund, set to invest up to $400K in new startups | African VC firm, Ingressive Capital has announced the completion of its $10M fund. According to Maya Horgan Famodu, it will invest between $200K to $400K in African startups in exchange for 10% equity. |
| 24.06.2020 | Ingressive Capital completes its $10m African fund, set to invest up to $400K in new startups | Share this article:
Ingressive Capital has announced the completion of its $10 million African tech fund.
Founded by Maya Horgan Famodu in 2017, Ingressive Capital invests in high-growth tech startups across Africa.
The venture capital fund... |
| 12.06.2020 | Lo Toney has some ideas about how to (really) bring VC into the 21st century | Last week, we suggested that for a truly diverse venture industry, the limited partners that provide investing capital to VCs — institutions like universities and hospital systems — need to start incorporating diversity mandates into their ... |
| 15.05.2020 | Investing in Downturns by Seth Levine | The post was originally published on the blog Seth Levine.
TBH, I haven’t been thinking much about new investments at the moment. I’ve been asked many times how I think the Covid-19 crisis will change investor behavior and fundraising for ... |
| 22.04.2020 | Job Hunting In The Midst Of A Crisis by Seth Levine | The post was originally published on the blog Seth Levine.
My posts last week (which included predictions of pending lay-offs at technology businesses) prompted a number of people to reach out and ask a variant of the question:
“How can I... |
| 16.04.2020 | Emergency cash and dollar hedging: How African investors are preparing portfolio companies for tougher times | Tech companies in sub-Saharan Africa will soon be operating in a recession. The World Bank expects the region’s economies to contract by up to 5.1%, a historic downturn that portends tough times for balance sheets.
Global economic uncertain... |
| 14.04.2020 | 54gene Closes $15M Series A | 54gene, the African genomics research, services, and development company has closed a Series A round of $15M, led by Adjuvant Capital, a life sciences fund backed by the International Finance Corporation, Novartis, and the Bill & Melind... |
| 21.02.2020 | Nigerian fintech Vesicash nets further investment from Ingressive Capital | Nigerian fintech Vesicash has raised an undisclosed amount of investment from Lagos-based investor Ingressive Capital.
The startup provides a digital escrow service which helps providing payment security for those involved in online market... |
| 21.02.2020 | Nigerian fintech Vesicash nets further investment from Ingressive Capital | Nigerian fintech Vesicash has raised an undisclosed amount of investment from Lagos-based investor Ingressive Capital.
The startup provides a digital escrow service which helps providing payment security for those involved in online marketp... |
| 19.07.2019 | Everything you need to know about West African startup landscape [2019 Update] | Update: Are you a venture capitalist or an angel investor looking to invest in a company? Are you an entrepreneur looking for capital or other opportunities? Are you an aspiring startup owner looking for assistance? Well, you have come to t... |
| 19.07.2019 | Everything you need to know about West African startup landscape [2019 Update] | Update: Are you a venture capitalist or an angel investor looking to invest in a company? Are you an entrepreneur looking for capital or other opportunities? Are you an aspiring startup owner looking for assistance? Well, you have come to t... |
| 13.02.2019 | Ingressive Capital launches new call for African tech startups to tap $5m fund | Ingressive Capital, a $5-million venture fund focused on early-stage African startups, is looking to invest tickets sizes of up to $100 000 in tech startups from Sub-Saharan Africa, with a possibility of $250 000 in follow-on investments.
... |
| 13.02.2019 | Ingressive Capital launches new call for African tech startups to tap $5m fund | Ingressive Capital, a $5-million venture fund focused on early-stage African startups, is looking to invest tickets sizes of up to $100 000 in tech startups from Sub-Saharan Africa, with a possibility of $250 000 in follow-on investments.
I... |
| 11.02.2019 | Ingressive Capital looking to invest $50,000 – $100,000 in early-stage African startups | Share this article:
Ingressive Capital, an African venture capital(VC), has announced the launch of online application for early stage founders based in Sub-Saharan Africa.
According to the VC, founders who apply ‘will get a response in 30 ... |
| 23.05.2018 | Opportunities Weekly: $6m in grants from Google, Ingressive Capital, School of Africa Microfinance and more | Share this article:
This week we’ve curated a list of opportunities flying across the globe for Africa entrepreneurs, businesses and startups. Dig into them and be sure to apply for opportunities that suit you most. Google Impact Challenge ... |
