Microtraction

Get funding

Microtraction is an early-stage VC firm that provides pre-seed and seed capital to technology entrepreneurs at the earliest stages of their venture.

Use: Go2Market;
Date closing: -
Amount: 100,000 $ - 350,000 $
Industry focus: All
Total budget: 15M $
Entity type: Venture Capital
Vertical focus: sector agnostic
Website: https://www.microtraction.com/

Status:
Open
Funding type:
Geographic focus: Africa;
Public/Private: Private
Stage focus: pre-seed; Seed;
Applicant target: Startup;

Add a Review Send question

Overview

Microtraction invests a minimum of $100k into Africa's most remarkable teams with technical founders at the earliest stage of their venture. Their mission is to accelerate Africa’s economic growth by enabling innovation and supporting technology entrepreneurs. Their principal role is to increase the number of venture bankable startups across the continent, creating the market for venture and growth-stage capital to follow on and ultimately bridging the pre-seed funding gap that currently exists. Their last fund raises to $15M, and their ticket size ranges from $100K to $350,000.

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

We are sector agnostic and geographically focused on Nigeria at launch.

Applicants willing to submit their application can do it by following this link.

Portfolio: Wallet, Cowrywise, Schoolable, BuyCoins.

Last updated on 2022-10-10 09:13