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

Hassle-free funding for

technology entrepreneurs

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 work closely with the startups, providing them with pre-seed funding, professional and advisory services

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

Portfolio

Who We Are

Yele Bademosi

Founding Partner

Microtraction

Dayo Koleowo

Partner

Microtraction

Lexi Novitske

Principal Investment Officer

Singularity Investments

Regional Advisor 

Michael Seibel

CEO

Y Combinator

Global Advisor + Investor

Dotun Olowoporoku

Managing Partner

Starta

Regional Advisor 

Andy Volk

Head of Ecosystem, SSA

Google

Global Advisor + Investor

Chidinma Iwueke

Partner
Microtraction

Monique Woodward

Venture Partner

500 Startups

Global Advisor

Chris Schultz

CEO & Co-founder

Launch Pad

Venture Partner + Investor

Pave Investments

Anchor Investor +

Operational Support

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

Made with ❤️ in Lagos 🇳🇬