Fundraising Fox

Gc

Nigeria, NG · 2 known investors

CcHUB Growth Capital is an early-stage venture fund investing between ₦10 million and ₦30 million in seed and early-stage for-profit technology startups building solutions to local challenges in Nigeria. It provides funding, business advisory, and network connections to help portfolio companies scale and attract follow-on funding.

Also known as CcHUB Growth Capital · Growth Capital by CcHUB · Growth Capital Fund

Investors · 2

Company profile

researched Aug 2026

Growth Capital Fund (gc.fund) describes itself as Nigeria's first social innovation fund, created to provide a path to scale for founders driving social change in Nigeria. It supports high-potential, early-stage businesses that use technology to build what it calls next-generation infrastructure.

The fund pools participating investors who contribute experience, resources and networks alongside capital in order to accelerate the growth of investee companies. Prospective companies can apply for investment directly through the fund's website, which also publishes updates on portfolio activity and commentary on the African technology market.

Business model

The fund invests capital in early-stage Nigerian technology companies and mobilises the experience, resources and networks of its participating investors on behalf of investees.

Traction

The fund reports ₦280,000,000 raised against a ₦1Bn target and ₦174,600,000 invested against a ₦280,000,000 investment target, with reference years of 2016 and 2018 respectively. Disclosed portfolio activity includes an investment in pharmaceutical distribution company DrugStoc.

Full profile — market position, go-to-market, geography

Market position

Positions itself as Nigeria's first social innovation fund.

Go-to-market

Companies seek investment through an application process on the fund's website; the fund publishes portfolio news and market commentary through its updates channel.

High-potential, early-stage for-profit technology businesses in Nigeria building infrastructure for social change.

Geography

Nigeria.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Funds investedJan 2018174,600,000 NGN
Funds raisedJan 2016280,000,000 NGN

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 1

launches, deals, and filings
Jan 2019
Growth Capital by CcHUB announces investment in DrugStoc

The fund announced an investment in DrugStoc, a company addressing the circulation of counterfeit and low-quality medicines.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 8

primary sources listed
  • Gcgc.fund · web

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Gc do?
Nigerian social innovation fund backing early-stage technology businesses building next-generation infrastructure.
Who are Gc's investors?
Gc's investors include Omidyar Network, Co-Creation Hub (CcHUB).
Where is Gc headquartered?
Gc is headquartered in Nigeria, NG.