Opportunities
Grants, VC funds, accelerators, and competitions for African entrepreneurs.
Grants, VC funds, accelerators, and competitions for African entrepreneurs.
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$100k
Microtraction provides pre-seed funding for African technology startups led by technical founders. Its standard early check is $100,000, with existing data indicating a broader typical ticket range of $100,000 to $350,000. The fund is aimed at small teams of 2-3 people with at least one technical founder, an MVP, validated market demand, identified target customers, and a clear revenue model.
Pre-seed funding
Microtraction invests $100k into Africa’s most remarkable teams with technical founders at the earliest stage of their venture.
Technology businesses
Globally relevant high growth technology businesses operating in billion dollar markets.
High-growth tech startups in Africa. Standard deal: $100K for 7% equity. Fast process. They value speed of execution and large addressable markets.
Follow-on capability (top-up to $350K), portfolio network, lean operations support
7% equity for $100K is standard but adds up with other investors
Applicants should show evidence of an MVP, real market validation, and a clear path to revenue. Microtraction is specifically looking for small teams with a technical founder building tech businesses for large markets, so those points should be explicit in the application submitted through the website.
2017
Active Since
Yes
Deploying
Bani, Evolve Credit, Brass, Buycoins. Portfolio raised $33M+ follow-on.