Ingressive Capital Launches Online Platform For African Tech Startups To Apply For Fundraising

Ingressive Capital, a venture fund focused on early-stage African startups, has launched an online platform for early stage founders of businesses in Africa to assist them with between $50,000 and $100,000.

Ingressive Capital founder and partner Maya Horgan Famodu acknowledged the difficulty of fundraising for African founders.

Maya Horgan Famodu, Founder of Ingressive Capital

“Fundraising is difficult. We want to help the best and the brightest founders across Africa stay focused and keep building,” she said.

“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.”

The firm says it’s looking for startups that have gained traction and have a clear business model. Applicants must also operate in a “high-growth technology business” and target “large markets“.

Ingressive Capital’s portfolio includes Nigerian startups Taxitv, broadband internet service provider Tizeti, AWA Bike, payments platform Paystack and event booking portal Ogavenue.

Source: Ventureburn

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