LoftyInc Capital

LoftyInc Capital Management is a prominent early-stage venture capital firm based in Ikeja, Nigeria, dedicated to fostering innovation and entrepreneurship across Africa. The firm primarily operates through its social impact investment vehicles, most notably the LoftyInc Afropreneurs Fund series, which aims to support tech-enabled startups addressing critical challenges and opportunities within the continent. Their investment thesis centers on identifying high-growth potential companies at their nascent stages, providing crucial capital and strategic support to scale their operations.

LoftyInc Capital focuses on a diverse range of sectors, including FinTech, HealthTech, EdTech, AgriTech, and other technology-driven solutions that demonstrate the potential for significant social and economic impact. They are recognized for their hands-on approach, often working closely with portfolio companies to navigate the unique complexities of the African market, leveraging their deep local insights and extensive network.

The firm has demonstrated its growing capacity to deploy capital into promising ventures, with its second fund, the LoftyInc Afropreneurs Fund II, successfully closing at $10 million. As a key early-stage investor in the African tech ecosystem, LoftyInc Capital typically writes first checks ranging from $50,000 to $500,000 for pre-seed and seed rounds. This strategic positioning makes them a vital partner for nascent African startups seeking initial funding and mentorship to transform their innovative ideas into scalable businesses.