Ingressive Capital Fund
Ingressive Capital has doubled its investment vehicle to back high-growth, tech-enabled startups across Africa. They now operate a $10 Million USD fund. The investment fund aims to support the next generation of African innovators. They target pre-seed and seed-stage tech-enabled businesses in the B2B space that provide tech solutions to Africa’s traditional billion-dollar industries, as well as B2C fintech and internet companies. Ingressive Capital average $200k to $400k checks and target 10-per cent ownership into companies they fund. 20-per cent of their limited partners (investors in their fund) run some of Africa’s largest traditional businesses. This gives the portfolio access to business development and Pan-African markets.