Ingressive Capital

Ingressive Capital is a prominent early-stage venture capital firm based in Lagos, Nigeria, with a dedicated focus on the African technology ecosystem. The firm successfully closed its second fund, Ingressive Capital II, at $50 million in 2021, underscoring its commitment to fostering innovation across the continent. This fund primarily targets seed-stage technology companies, aiming to be a foundational capital provider for promising startups that are addressing critical market needs and demonstrating high growth potential.

Ingressive Capital's investment thesis centers on identifying and backing high-growth potential startups that are leveraging technology to solve critical problems in Africa. The firm typically deploys initial checks ranging from $200,000 to $400,000 into seed-stage companies, often serving as the first institutional investor. Beyond initial capital, Ingressive Capital is known for its hands-on approach, offering strategic guidance, operational support, and access to its extensive network of mentors and partners, which is crucial for early-stage companies navigating complex and rapidly evolving markets.

While sector-agnostic to some extent, Ingressive Capital has shown a strong inclination towards disruptive innovations in key sectors such as fintech, healthcare, logistics, edtech, and agritech. Their portfolio includes notable companies like Paystack (acquired by Stripe), 54gene, and Mono, demonstrating their ability to identify and nurture successful ventures. The firm's long-term vision is to contribute significantly to the development of a robust and sustainable tech ecosystem in Africa, empowering local entrepreneurs to build globally competitive businesses and drive economic transformation across the continent.