Microtraction
Overview
Microtraction is an early-stage venture capital firm that invests in African startups at the pre-seed stage. They prefer to be the first check for Africa's most ambitious and remarkable founders, investing $100,000 for 7% in their businesses. Microtraction is sector agnostic and heavily biased towards smart, relentlessly resourceful founders who are building high growth, technology driven businesses in billion dollar markets.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Bloc | Jun 2021 | Pre Seed | Co-investor |
| Bitsika | Dec 2019 | Seed | Co-investor |
| Connected Analytics | Aug 2018 | Pre Seed | Lead |
| Spring | Jun 2020 | Seed | Co-investor |
| Little | Aug 2018 | Pre Seed | Lead |
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Key People
Kwamena A.
Co-Founder Director Partner
Yele Bademosi
Founding Partner
Dayo Koleowo
Partner
Ato Bentsi-Enchill
Investment Principal Head Of SPVs
Offiong Isyah
Investor
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Microtraction based?
Microtraction is headquartered in Lagos, Lagos, Nigeria.
When was Microtraction founded?
Microtraction was founded in 2017.
How many portfolio companies does Microtraction have?
Microtraction has 53 portfolio companies in Caplight's dataset.
What are some companies in Microtraction's portfolio?
Portfolio companies visible on Caplight include Bloc, Bitsika, Connected Analytics, Spring, Little.
What was Microtraction's most recent investment shown here?
Microtraction's most recent investment in this portfolio sample was in Bloc in 2021.
What sectors does Microtraction focus on?
Microtraction focuses on FinTech, FinTech, FinTech, FinTech, FinTech, Enterprise Software, FinTech, FinTech, Mobility, Transportation & Logistics, FinTech, FinTech, AI, Data & Cloud Infrastructure, FinTech, FinTech, FinTech, Healthcare & Life Sciences, Media, Entertainment & Gaming, FinTech, FinTech, Healthcare & Life Sciences, Healthcare & Life Sciences, FinTech, Mobility, Transportation & Logistics, Healthcare & Life Sciences, FinTech, Crypto & Web3, Consumer & Commerce, FinTech, FinTech, Consumer & Commerce, FinTech, Consumer & Commerce, Consumer & Commerce, Enterprise Software, Consumer & Commerce, Enterprise Software, Cybersecurity, Enterprise Software, Consumer & Commerce, Consumer & Commerce, FinTech, Telecommunications & Networking, Enterprise Software, Consumer & Commerce, FinTech, Enterprise Software, Healthcare & Life Sciences, Frontier & Industrial Tech, Consumer & Commerce, Crypto & Web3, Consumer & Commerce, FinTech, Crypto & Web3, FinTech, Enterprise Software, Enterprise Software, Enterprise Software, Mobility, Transportation & Logistics, Consumer & Commerce, FinTech, Mobility, Transportation & Logistics, FinTech, AI, Data & Cloud Infrastructure, Consumer & Commerce, Crypto & Web3, FinTech, FinTech, Frontier & Industrial Tech, Enterprise Software, FinTech, Consumer & Commerce, Enterprise Software, Enterprise Software, Enterprise Software, FinTech, Enterprise Software, AI, Data & Cloud Infrastructure, Consumer & Commerce, Enterprise Software, Mobility, Transportation & Logistics, Mobility, Transportation & Logistics, AI, Data & Cloud Infrastructure, Enterprise Software, AI, Data & Cloud Infrastructure, Crypto & Web3, Media, Entertainment & Gaming, Enterprise Software, FinTech, Enterprise Software, AI, Data & Cloud Infrastructure, Consumer & Commerce, Crypto & Web3, Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Enterprise Software, Enterprise Software, Consumer & Commerce, Crypto & Web3, Enterprise Software.
What company stages does Microtraction focus on?
Microtraction typically invests at the Early stage.
What is Microtraction's AUM?
Microtraction's assets under management are estimated between $0.0 and $50.0M.