Bold Angel Fund
Angel networkLagos · Pre-Seed–Seed
Investment thesis
Bold Angel Fund aims to address the imbalance in African startup funding, where less than a fifth of capital invested in African startups originates from Africa. Structured as a no-fee, closed, syndicated fund, its members pay an annual investment ticket that is pooled and allocated to qualifying startups. BAF invests in high-growth African ventures across all sectors at the pre-seed and seed stages, seeking to bridge the gap between entrepreneurs and capital on the continent.
Source: firm website, verified Aug 3, 2026.
Frequently asked questions
- What stage does Bold Angel Fund invest at?
- Bold Angel Fund invests at the Pre-Seed, Seed stages.
- What is Bold Angel Fund's typical check size?
- Bold Angel Fund typically writes checks of $5K – $50K.
- What sectors does Bold Angel Fund focus on?
- Bold Angel Fund focuses on Sector Agnostic.
- Where is Bold Angel Fund located?
- Bold Angel Fund is headquartered in Lagos, NG.
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