Fundraising Fox

Microtraction

Venture capital

Pre-Seed–Seed · 8 people tracked

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Investment thesis

Microtraction invests in sector-agnostic, technology-driven African startups at pre-seed stage, targeting smart and resourceful founders building high-growth businesses in billion-dollar markets. The firm positions itself as a founder-focused partner, prioritizing founder support and long-term mentorship alongside capital provision. The firm operates a Community Fund model connecting portfolio companies with a global network of other venture-backed founders, investors, and subject matter experts across sectors. Microtraction emphasizes accessible application processes and provides strategic guidance for founders to progress from pre-seed to Series A within 12-18 months.

Invests inSector Agnostic

Source: firm website, verified Jul 21, 2026.

Stage
Pre-Seed–Seed
Check
$100K – $100K
Leads rounds
Follows
Instruments
Equity
Founded
2017
Tracked investments
133

Team · 8 people

from the firm's website
Kwamena Afful· Founding Partner
Sayo Folawiyo· Founding Partner
Yele Bademosi· Founding Partner
Dayo Koleowo· Investment Partner
Ato Bentsi-Enchill· SPV Investment Lead
Offiong Isyah· Investment Analyst, West Africa

What they invest in

from 20 of 133 portfolio companies

Fintech ×11Enterprise Software ×7SaaS ×4Developer Tools ×3E-commerce ×2Wellness & Fitness ×2AgTech ×1AI & Machine Learning ×1

HQs:Nigeria×8United States×5United Kingdom×3Canada×2Denmark×1Ghana×1

Investments · showing 60 of 133

founders shown can be your intro path
Achieve
Afriskaut
Afropolitan Group
ARK Frontier
Aya Data
Baki Beauty
Bani
Bitsika
Blnk Finance
Bloc (TechAdvance)
Bumpa
Clafiya
Climb
Cowrywise
Cr3dentials
Evolve Credit
Famasi
Flance
FoodCourt
FoodCourtgetfoodcourt.comin𝕏

FoodCourt operates a food delivery platform that has delivered over 3 million meals and created 300+ jobs. The company focuses on quality, variety, and convenience in food delivery services across multiple communities.

ConsumerE-commerceFoodTechLagos, NG

Henry Nneji(Founder)inPaul Adokiye Iruene(Founder)in

FoodLama
Gaia Agricultural & Technologywebflow.ioin𝕏

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. The platform serves marketing teams, designers, developers, and agencies building brand websites and client projects.

AgTechCleantechDeveloper ToolsEnterprise SoftwareMarketing TechSaaSCopenhagen, DK

Adam Ingwersen(Founder)inFrederik Ingwersen(Founder)in

Gamr
Get Equity
Gradely
Graph
Gwala
Hadi
Helicarrier (BuyCoins)
Helicarrier (prev Buycoins)helicarrier.studioin𝕏

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

Ire Aderinokun(Founder)inTimi Ajiboye(Founder)in

HoneyCoin
HustleSasa
InstantRad
Intron Health
Jamit
JamJar
LemFi
Miniemoney
Mira
Mirausemira.com

Mira is a cloud-based point-of-sale system designed for restaurants, bars, and hospitality venues of any size. It provides order management, table management, payment processing, inventory tracking, and online ordering capabilities.

Enterprise SoftwareSaaS

Norebase
Novek
One Plan
One Planoneplan.finance

FintechCantonments, GH

Orda (SKG)
PaidHR
Paycrest
PBR Life Sciences
Pennee
Pennee Technologiespennee.coin

FintechMiddletown, US

Pika
Prospagetprospa.comin𝕏

Prospa provides banking services tailored for small and medium-sized businesses.

FintechLondon, GB

Frederik Obasi(Founder)in

Prospa
Proton Labs
Raisegetraise.io
Raise
Rayda
Rise

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 – $100K.
What sectors does Microtraction focus on?
Microtraction focuses on Sector Agnostic.
Does Microtraction lead rounds?
Microtraction typically participates in rounds rather than leading them.

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