Microtraction
Venture capitalLagos · Pre-Seed–Seed · 11 people tracked
Investment thesis
Microtraction backs technical, resourceful founders at the earliest stage of their ventures across Africa. It invests $100k in small teams (typically 2-3 people with at least one technical founder) that have built a minimum viable product, identified target customers, validated market demand, and demonstrated capital efficiency with a clear revenue model. The firm looks for companies solving clear problems and building globally relevant, high-growth technology businesses operating in billion-dollar markets.
Source: firm website, verified Aug 3, 2026.
Team · 11 people
from the firm's website & public directoriesWhat they invest in
from 21 of 76 portfolio companiesFintech ×11Enterprise Software ×7SaaS ×4Developer Tools ×3AI & Machine Learning ×2Data & Infrastructure ×2E-commerce ×2Healthtech ×2
HQs:Nigeria×8United States×6United Kingdom×4Canada×2Denmark×1Ghana×1
Investments · 76 tracked
founders shown can be your intro pathFoodCourt operates a food delivery platform that has delivered over 3 million meals and created 300+ jobs.
ConsumerE-commerceFoodTechLagos, NG
Henry Nneji(Founder)inPaul Adokiye Iruene(Founder)in
Webflow is a web design and content management platform that enables teams to create, manage, and optimize custom websites and web applications without heavy developer involvement.
AgTechCleantechDeveloper ToolsEnterprise SoftwareMarketing TechSaaSCopenhagen, DK
Adam Ingwersen(Founder)inFrederik Ingwersen(Founder)in
GetEquity operates a platform that provides emerging market investors with access to alternative asset classes and private capital investments in startups and growth companies.
FintechMarketplacesSurulere, NG
Jude Dike(Chief Executive Officer)Temitope Ekundayo(Head Of Growth and Partnerships)Chigozirim Ugochukwu(Chief Operating Officer)
Helicarrier operates two platforms: a remittance application for African diaspora members to transfer funds to family and friends in Africa, and a cryptocurrency exchange for buying, selling, and managing digital asset holdings.
Crypto & Web3FintechLondon, GB
LemFi provides financial services for immigrants relocating globally, enabling them to move money and access financial products across borders.
FintechLondon, GB
Ridwan Olalere(Founder)inRian Cochran(Founder)in
FintechCantonments, GH
FintechMiddletown, US
PBR Life Sciences provides AI-powered analytics and market intelligence for healthcare organizations operating in emerging markets, particularly in Sub-Saharan Africa.
AI & Machine LearningData & InfrastructureHealthtechLondon, GB
Prospa provides banking services tailored for small and medium-sized businesses.
FintechLondon, GB
Frederik Obasi(Founder)in
Schoolable provides tuition financing for parents and fee collection services for private K-12 schools in Africa, allowing schools to receive a large portion of expected tuition within weeks of term start while parents repay in monthly installments.
EdTechLagos, NG
Sendbox is a logistics and delivery platform that enables local and international shipping for e-commerce sellers, social commerce merchants, and individuals.
B2B MarketplacesE-commerceEnterprise SoftwareLogistics & Supply ChainLagos, NG
Emotu Balogun(Founder)inOlusegun Afolahan(Founder)in
Portfolio news
latest coverage across their companiesGraph · techfundingnews.com · Jul 17, 2026
Mira · x.com · Jul 16, 2026
LemFi · finsmes.com · Jul 7, 2026
FoodCourt · businessday.ng · Jul 3, 2026
Cowrywise · techcabal.com · May 30, 2026
Get Equity · techcabal.com · Jan 24, 2026
Tembo · anbpost.substack.com · Sep 17, 2025
Rayda · techpoint.africa · Sep 17, 2025
Frequently asked questions
- What stage does Microtraction invest at?
- Microtraction invests at the Pre-Seed, Seed stages.
- What is Microtraction's typical check size?
- Microtraction typically writes checks of $100K.
- What sectors does Microtraction focus on?
- Microtraction focuses on AI & Machine Learning, Creator Economy, Fintech, Healthtech, Sector Agnostic, Sports Tech.
- Where is Microtraction located?
- Microtraction is headquartered in Lagos, NG.
- Does Microtraction lead rounds?
- Yes, Microtraction leads investment rounds.
Media · Podcasts & interviews
featuring the teamEpisode 4 With Yele Bademosi - Founder Bundle Africa & Founding Partner, Microtraction
Future Africa · Yele Bademosi
What Edtech Needs To Succeed | Lightning Talk by Dayo Koleowo, Partner, Microtraction | TC Townhall
TechCabal · Dayo Koleowo
Images
Co-investors · 7
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Liquid 2 is an early- and growth-stage venture capital firm that invests in founders across all sectors of technology, providing capital along with support from a network of operators.
Trajectory Ventures invests in and partners with innovative founders and companies driving digital transformation, while also providing advisory, growth marketing, financing strategy, and M&A support.
Polygon is a blockchain platform positioned as infrastructure for global payments and money movement, enabling assets to move onchain at scale. It offers an open stack for accessing the onchain economy and is powered by its native token $POL.
IVC is a venture capital firm that has made over 200 investments across Web3, gaming, digital entertainment, AI, infrastructure, and fintech.
Basis Set Ventures is an AI-native venture firm that uses a modern machine learning stack and foundation models to find and support AI companies, positioning itself as a hands-on partner to founders.
Faction is an early-stage venture firm that invests in disruptive crypto and blockchain projects, backing founders at Seed and Series A across both equity and tokens.
Firms observed investing alongside Microtraction, from public investor directories. Shared companies are the overlap with Microtraction's recorded portfolio.
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