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We invest in Africa's most remarkable teams with technical founders at the earliest stage of their venture

Hassle-free funding for

technology entrepreneurs

Micro

traction

We invest $65,000 in two stages

First we invest $15,000 for 7.5% equity stake, followed by an additional $50,000 convertible note at a $1 million valuation cap in companies that show significant progress after our initial investment

We write the first check before traction and work closely with founders providing strategic support as needed.

We identify the best early-stage, growth-driven technology startups with the potential to become billion dollar companies

We introduce startups to later stage investors and help them navigate the process of raising a larger round of funding

Accepting applications all year round

We get startups to a point where they are impressive enough to raise more funding or join world class accelerators

Microtraction funds smart, relentlessly resourceful founders who are building high growth, technology driven businesses in $Bn markets

What we look for in startups we fund

We are sector agnostic and geographically focused on Nigeria at launch

Who We Are

Yele Bademosi

Managing Partner

Microtraction

Pave Investments

Anchor Investor +

Operational Support

Chris Schultz

CEO & Co-founder

Launch Pad

Venture Partner + Investor

Lexi Novitske

Principal Investment Officer

Singularity Investments

Regional Advisor 

Michael Seibel

CEO

Y Combinator

Global Advisor + Investor

Monique Woodward

Venture Partner

500 Startups

Global Advisor

Dotun Olowoporoku

Managing Partner

Starta

Regional Advisor 

Andy Volk

Head of Ecosystem, SSA

Google

Global Advisor + Investor

Get actionable insights and real world advice from founders & operators who are building venture backed startups in Africa

Made with ❤️ in Lagos 🇳🇬