First circle capital

First Circle Capital is a prominent venture capital firm based in Casablanca, Morocco, dedicated to fostering the growth of early-stage startups across Africa. The firm primarily targets innovative companies within Morocco and the broader Sub-Saharan African region, focusing on sectors poised for significant disruption and expansion, such as fintech, healthtech, edtech, and e-commerce. Their investment philosophy centers on identifying scalable business models and backing strong, visionary founding teams capable of executing ambitious growth strategies.

The firm specializes in pre-seed and seed-stage investments, providing crucial capital to nascent companies. First Circle Capital's typical initial cheque sizes range from $100,000 to $750,000, demonstrating their commitment to supporting startups through their critical early development phases. Beyond initial funding, the firm also engages in follow-on investments, potentially committing up to $1.5 million to support the continued scaling and success of their portfolio companies. This flexible investment approach allows them to adapt to the evolving needs of high-potential ventures.

First Circle Capital actively seeks to partner with other venture capital firms and angel investors, often participating in co-investment rounds to leverage collective expertise and capital. Their portfolio includes notable African startups like Cloud Fret and DeepEcho, showcasing their diverse investment interests. The firm has also demonstrated a track record of successful exits, such as their investment in WaystoCap, highlighting their ability to identify and nurture companies that achieve significant milestones and generate returns. Their strategic focus on early-stage innovation positions them as a key player in the burgeoning African tech ecosystem, contributing to the development of the continent's entrepreneurial landscape.