Lagos · Pre-Seed–Growth · 8 people tracked
Investment thesis
Future Africa backs fearless entrepreneurial leaders solving Africa's challenges, operating as investor-operators with decades of experience building and investing in impactful African businesses. The firm supports founders with capital, coaching, and a growing community of advisors known as the Future Africa Community, aiming to generate outsized financial returns for investors while delivering lasting positive impact on the continent. Positioned as Africans who live and build in Africa, the firm emphasizes local understanding and hands-on partnership with the companies it backs.
Source: firm website, verified Aug 3, 2026.
Team · 8 people
from the firm's website & public directories
Founder mafia
2 people who came through Future Africa went on to found or lead other companies.
What they invest in
from 21 of 26 portfolio companiesFintech ×11SaaS ×8Enterprise Software ×7Developer Tools ×4Marketplaces ×4AI & Machine Learning ×3B2B Marketplaces ×2Crypto & Web3 ×2
HQs:United States×5Nigeria×4South Africa×3United Kingdom×2Kenya×2Cameroon×1
Investments · 26 tracked
founders shown can be your intro pathBy year:2025 · 22023 · 12021 · 14 dated
San Francisco, US
Luqman Edu(Executive Officer)
Board seatIyinoluwa Aboyeji· per SEC Form D · $3.1M raise · filed Mar 2023
HONGTOGEL is an online lottery ("togel") betting platform offering access to numbers markets such as Macau, Singapore, Hong Kong, and Sydney, with real-time results and instant payment methods including bank transfer, e-wallet, and QRIS.
Co-investorsDFS LabVentures Platform
Cabal provides AI-powered relationship intelligence that infers connections from public data for venture capital platform teams, deal sourcing professionals, and sales organizations.
AI & Machine LearningEnterprise SoftwareSaaSNew York City, US
Fahim Ferdous(Founder)in
Co-investorsCraft VenturesShrug CapitalY CombinatorDay One VenturesGTMfundMaC Venture Capital
EvolveCredit publishes content focused on lending strategies, loan recovery, and loan collection for lenders.
Fintech
Daniel Osineye(Founder)in
Co-investorsIngressive CapitalMicrotractionMAGIC FundSamurai Incubate
Co-investorsBackstage CapitalConsonance Investment Managers
Real estate virtual siteemap platform enabling remote property interactions and accelerating sales processes
Indicina provides financial analytics and credit infrastructure for credit providers in Africa, including a white-label loan origination platform, a credit decisioning engine accessible via dashboard or API, and a consumer repayment/shopping tool.
Data & InfrastructureFintechSaaSNorth Houston, US
Yvonne Johnson(Founder)inOlayemi Ajao(Director)Yvonne Oyetakin(Executive Officer, Director)
Co-investorsTarget GlobalUnicorn Growth VenturesMAGIC Fund
Itana is a licensed Digital Special Economic Zone providing digital infrastructure, regulatory clarity, and ecosystem access for businesses entering or scaling across Africa, based in Lagos, Nigeria.
Enterprise SoftwareGovTechLagos, NG
Co-investorsPronomos CapitalVentures PlatformAmploLocalGlobe
Kuunda provides liquidity solutions and credit access for agents, small businesses, and consumers in emerging economies across Africa and Asia.
B2B MarketplacesFintechImpact & Social GoodSaaS
Co-investorsAccion Venture Lab4Di CapitalAccionE4E AfricaFINCA VenturesSeedstars
Liquify provides financing solutions for African exporters by leveraging the credit profiles of multinational buyers, offering access to working capital for SMEs to scale globally.
Crypto & Web3Enterprise SoftwareFintechImpact & Social GoodLondon, GB
Nadya(Chief Executive Officer & Co-Founder)Alberta(Commercial Advisor & Co-Founder)
Co-investorsTechstarsLaunch Africa Ventures
Mecho Autotech operates a mobile app and network of verified mechanics and parts suppliers that connects vehicle owners in Africa with maintenance and repair services, offering an alternative to expensive branded garages and unvetted roadside mechanics.</description> </invoke>
Advanced ManufacturingE-commerceMarketplacesMobility & TransportationLagos, NG
Olusegun Owoade(Founder)in
Co-investorsAjim CapitalGlobal BrainIngressive CapitalY CombinatorCathexis VenturesVentures Platform
Ndovu is a digital investment platform that gives individuals access to local and global financial markets along with tailored financial advice and diversified investment solutions.
Crypto & Web3Fintech
Co-investors4DX VenturesCo-Creation Hub (CcHUB)Enza CapitalNairobi Business Angel NetworkOui CapitalSprint Vc
Novek designs and develops IoT hardware and software aimed at removing single-use plastic from fast-moving consumer goods (FMCG) supply chains.
Circular EconomyHardwareIoT
Co-investorsMicrotractionNairobi Business Angel NetworkSatganaTimon CapitalMusha Ventures
Simplifyd provides a cloud platform for deploying applications built by African teams, with no upfront infrastructure setup required.
Cloud ComputingDeveloper ToolsEnterprise SoftwareSaaSLondon, GB
Sam Keiru(Founder | COO: Product Innovation & GTM Lead)inTomi Amao(Founder)in
Co-investorsY Combinator
Smile ID provides AI-based identity verification using biometrics, device and network intelligence, and document verification against government databases.
AI & Machine LearningCybersecurityFintech
Co-investorsCRE Venture CapitalIntercept VenturesNimble PartnersStory VenturesCommerce VenturesCourtside Ventures+4 more
Spleet is a residential marketplace that offers short-term rental accommodation and housing solutions in Africa.
MarketplacesPropTech
Daniella Ajala(CEO/ Co-founder)Michael Owolabi(CTO)
Co-investorsAjim CapitalHoaQMaC Venture CapitalMetaPropMetaProp VenturesNOEMIS Ventures
Sudo offers an open API platform and developer tools for building financial products, letting companies programmatically create and manage physical and virtual cards and local and international virtual bank accounts.
Developer ToolsFintechSaaSKaduna, NG
Aminu Ibrahim Bakori(Co-Founder & CEO)inKabir Bayo Shittu(Co-Founder & COO)in
Co-investorsLoftyInc CapitalMSA NovoPICUS CAPITALVentures Platform
TapReady provides an SDK and modular NFC reader that lets businesses accept and make contactless in-person payments across EMV cards and local payment instruments, supporting card-to-phone, phone-to-phone, and terminal-based scenarios.
Developer ToolsFintechSaaSDover, US
Gideon Mojolaoluwa(Executive Officer)
Termii provides infrastructure that uses AI to ensure critical transactions—including authentication, payments, checkouts, and fraud notifications—complete successfully, serving banks, fintech companies, e-commerce platforms, and other digital services globally.
Data & InfrastructureDeveloper ToolsEnterprise SoftwareLagos, NG
Emmanuel Gbolade(Founder)inAyomide Awe(Founder)in
Co-investorsGobi PartnersHoaQMicrotractionTofino CapitalY CombinatorFinTech Collective+2 more
VeendHQ provides on-demand access to credit for individuals and businesses with verifiable income in Nigeria and Africa.
Enterprise SoftwareFintechSaaSSheridan, US
Olufemi Olanipekun(Founder, CEO)Ebenezer Ajayi(Co-founder, COO)
Co-investorsTechstarsFirst Circle
Voyance, based in Douala, develops a no-code data infrastructure platform for data teams.
AI & Machine LearningDouala, CM
Co-investorsBeta.VenturesHoaQMAGIC FundTechstarsZedcrest Capital
Wowzi operates a platform that lets brands automate and scale creator/influencer marketing campaigns by matching them with thousands of pre-vetted creators across multiple channels.
Creator EconomyMarketing TechMarketplacesNairobi, KE
Brian Mogeni(Founder)
Co-investors4DX VenturesLoftyInc Capital
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Portfolio news
latest coverage across their companiesNdovu · disruptafrica.com · Mar 24, 2026
Wowzi · nation.africa · Jan 24, 2026
Itana · techcabal.com · Dec 26, 2025
Kuunda · fintech.global · Oct 16, 2025
Liquify · finance.yahoo.com · Jul 9, 2025
Termii · ycombinator.com · Jun 18, 2025
Frequently asked questions
- How many investments has Future Africa made?
- Future Africa has 14 tracked investments, including 1 dated in the last 24 months.
- What stage does Future Africa invest at?
- Future Africa invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth stages.
- What is Future Africa's typical check size?
- Future Africa typically writes checks of $100K – $500K.
- What sectors does Future Africa focus on?
- Future Africa focuses on AI & Machine Learning, Deep Tech, Fintech, Sector Agnostic.
- Where is Future Africa located?
- Future Africa is headquartered in Lagos, NG.
- Does Future Africa lead rounds?
- Future Africa typically participates in rounds rather than leading them.
- Who does Future Africa co-invest with?
- Future Africa most often shares deals with HoaQ, Nairobi Business Angel Network, Techstars, among 24 tracked co-investors.
Media · Podcasts & interviews
featuring the team
DBNC League Ep.1 (Part 1) | Scaling Beyond Borders | Iyinoluwa Aboyeji, Future Africa
Doing Business in Nigeria Conference · Iyinoluwa Aboyeji · youtube.com
Interview with Iyinoluwa Aboyeji, CEO and Founding Partner Future Africa
United Nations Global Compact · Iyinoluwa Aboyeji
NIGERIA BEYOND OIL, Mr Iyinoluwa Aboyeji - Future Africa
Edem Farrie · Iyinoluwa Aboyeji
Interview with Iyinoluwa Aboyeji, Future Africa founder & Flutterwave co-founder
Nexford University · Iyinoluwa Aboyeji
Future Africa. A keynote by Iyinoluwa Aboyeji | AfricArena 2020.
AfricArena · Iyinoluwa Aboyeji
Co-investors · 30
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General Catalyst is a venture capital firm operating as a partnership focused on company building and accelerating the growth of the businesses it backs.
Founders Fund is a venture capital firm that backs technology companies building transformative products.
Greylock Partners is an early-stage venture capital firm that partners with founders building companies from inception. Its partners make only one or two new investments per year to focus deeply on each partnership.
Founder Collective is a seed and pre-seed stage venture capital firm that invests across sectors, describing itself as sector agnostic and anti-thematic.
Spark Capital is a venture capital firm that partners with founders, known for early investments including leading Twitter's Series B in 2008.
DST Global is a global internet-focused investment firm that backs fast-growing, high-value internet companies. It does not solicit or accept retail investors.
Union Square Ventures is a venture capital firm based in New York City that invests at the edge of large markets undergoing transformation from technological and societal pressures.
Susa Ventures operates two early-stage technology funds that invest in companies leveraging data, network effects, and economies of scale.
Goat Capital is a venture capital firm. Its public homepage lists its founders and a contact email but provides limited additional detail.
Stellar Capital invests in founders building software, internet, and technology companies.
Revolution is an investment firm that has backed founders, communities, and ideas for over two decades, spanning venture capital, entrepreneurship advocacy, and real estate and hospitality investments.
Hustle Fund is an early-stage venture capital firm that invests quickly in startups, offering capital along with educational programs and mentorship. It also runs an angel investing community that lets members invest alongside the fund.
▶18 more co-investors
GSV AccelerationLatitud VenturesSerena VenturesPeakEXPONENT FOUNDERS CAPITALfirstminute capitalFuture Perfect VenturesPresight CapitalGigascale CapitalVera EquityQuona CapitalShima CapitalNorrsken VCSparkLabs Global VenturesBain Capital VentureKaya FoundersRock VenturesHashed Emergent
Firms observed investing alongside Future Africa, from public investor directories. Shared companies are the overlap with Future Africa's recorded portfolio.
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