Ingressive Capital has asked startups in sub-Saharan Africa to apply for its funding between $50,000 and $100,000.
The venture capital, part of an African investment advisory firm Ingressive LLC, says successful startups will also receive follow-on investment.
“No matter where you are in sub-Saharan Africa, apply. We’re looking for the best of the best, irrespective of who you know or where you’re based,” said Ingressive Capital’s Maya Horgan Famodu.
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Ingressive
capital is a sector-agnostic fund that makes pre-seed and seed
investments in tech-enabled companies, and has previously backed
companies like Paystack and Tizeti.