HoaQ

HoaQ is a distinctive investment community operating out of Dublin, Ireland, with a primary focus on fostering scalable businesses across Africa and its Diaspora. Positioned as a "club" of creators and operators, HoaQ aims to provide more than just capital, offering strategic guidance and access to a robust network of experienced founders, operators, and investors globally. Their investment thesis centers on early-stage startups, specifically those in the Pre-seed and Seed phases, that leverage technology to address critical challenges and unlock significant opportunities within the African market and its global diaspora.

The community's approach emphasizes a collaborative model, pooling expertise and resources from its diverse membership to support promising ventures. This structure allows HoaQ to back companies that are not only financially viable but also aligned with their mission of driving impactful development in the region. They seek to identify entrepreneurs who are building innovative solutions that can achieve broad reach and sustainable growth within these dynamic markets.

While HoaQ does not publicly disclose its typical check sizes, its participation in notable early-stage funding rounds provides insight into the scale of the ventures it supports. For instance, HoaQ was an investor in the Pre-Seed round for AfriBlocks, which successfully raised $1.2 million. Similarly, they contributed to the Seed funding round for Kunda Kids, a company that secured £150,000 (approximately $190,000 USD). These investments underscore HoaQ's commitment to backing technology-driven businesses poised for significant impact and expansion. The club's model suggests a flexible investment approach, likely contributing as part of larger syndicates or rounds rather than leading with fixed, large individual checks.