Fundraising Fox

Future Africa

Venture capital

Lagos · Pre-Seed–Growth · 9 people tracked

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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.

Stage
Pre-Seed–Growth
Check
$100K – $500K
HQ
Lagos, NY, NG
Leads rounds
Follows
Instruments
Equity
Founded
2020
Tracked investments
20

Team · 9 people

from the firm's website & public directories
Abby Chaffatt· Partnerin
Mayowa Olugbile· General Partnerin
Ife Adepoju· Legalin
Iwinnosa Igiehon· Investmentsin
Jonathan Ruwanika· Financein
V. Chinyere Inya· Platformin

What they invest in

from 10 of 20 portfolio companies

Enterprise Software ×5SaaS ×5Fintech ×4Developer Tools ×3Impact & Social Good ×2Marketplaces ×2Advanced Manufacturing ×1AI & Machine Learning ×1

HQs:United States×4South Africa×3United Kingdom×2Nigeria×2

Investments · 20 tracked

founders shown can be your intro path
Talent City, Inc.SEC filingmedium confidence

San Francisco, US

Iyinoluwa Aboyeji(Director)Luqman Edu(Executive Officer)

Board seatIyinoluwa Aboyeji· per SEC Form D · $3.1M raise · filed Mar 2023

Caantincaantin.comin𝕏
Cabalgetcabal.comin𝕏

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

Eldo.Coeldo.co.zain𝕏

ELDO is a South African digital electricity service provider offering businesses Power Purchase Agreements to buy wheeled renewable energy at reduced costs, along with smart metering, billing, and payments.

CleantechEnergySaaS

Getsotegetsote.com
Kuundakuunda.comin

Kuunda provides liquidity solutions and credit access for agents, small businesses, and consumers in emerging economies across Africa and Asia.

B2B MarketplacesFintechImpact & Social GoodSaaSUnknown, ZA

Liquifyliquify.digitalin𝕏

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.

Enterprise SoftwareFintechImpact & Social GoodLondon, GB

Nadya(Chief Executive Officer & Co-Founder)Alberta(Commercial Advisor & Co-Founder)

Mecho Autotechmechoautotech.comin𝕏

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

Montramontra.appin𝕏
Ndovundovu.coin𝕏
Noveknovek.io
Obtainlyobtainly.comin
Simplifyd Systemssimplifyd.comin𝕏

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

Spleetspleet.africain𝕏

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)

Stemcafestemcafe.io
Sudosudo.africa
Tapreadytapready.ioin

TapReady builds and licenses in-person payment engines that let developers turn NFC devices, such as phones, into payment terminals, with a focus on emerging markets.

Developer ToolsFintechDover, US

Gideon Mojolaoluwa(Executive Officer)

Termiitermii.comin𝕏

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

Veendveendhq.comin𝕏

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)

Voyancevoyancehq.com

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.

Frequently asked questions

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.

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 · 29

General Catalyst

General Catalyst is a venture capital and investment firm that backs founders across industries, with a strong focus on AI-driven transformation, fintech, healthcare, and other sectors.

$30M
Founders Fund

Founders Fund is a venture capital firm that invests in companies building transformative technologies across defense, space, data analytics, and other frontier sectors.

$500K – $5M
Greylock Partners

Greylock Partners is a venture capital firm that backs founders at the earliest stages, often as their first investor before a product exists.

$100K – $200M
Founder Collective

Founder Collective is an early-stage venture capital firm focused on seed and pre-seed investments across all sectors.

Spark Capital

Spark Capital is a venture capital firm that backs founders across technology and consumer companies; it notably led Twitter's Series B in 2008.

$500K – $25M
DST Global

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.

$100K – $200M
Union Square Ventures (USV)

Union Square Ventures is a venture capital firm based in New York City that invests in companies at the edge of large markets being transformed by technological and societal pressures.

$1M – $20M
Susa Ventures

Susa Ventures operates two early-stage technology funds that invest in companies leveraging data, network effects, and economies of scale.

$1M – $5M
Goat Capital

Goat Capital is a venture capital firm. Its public homepage lists its founders and a contact email but provides limited additional detail.

Stellar Capital

Stellar Capital invests in founders building software, internet, and technology companies.

Revolution

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.

$100K – $1M
Hustle Fund

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.

$150K
17 more co-investors

GSV AccelerationLatitud VenturesSerena VenturesEXPONENT 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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