AF

Africave Ventures — Seed VC Firm ($250K–$1.0M Checks)

VC
Lagos, NigeriaWebsite

Africave Ventures is a Seed venture capital firm based in Lagos, Nigeria investing in Other, Fintech, AI / ML. The firm typically writes $250K–$1.0M checks and has 66 portfolio companies in our records.

Check size
$250K–$1.0M
Portfolio
66 companies on record
Partners
2 listed
Stage
Seed
Sectors
Other, Fintech, AI / ML, EdTech, Healthcare, Consumer, SaaS, Climate / Energy, Enterprise, Real Estate
HQ
Lagos, Nigeria
AUM
Not in our records

Last verified: 2026-05-21

How to approach: cold outreach ok
Stage

Seed

Check Size

$250K – $1.0M

Portfolio

66+ companies

Team

2 partners

Investor activity
Investments in last 12 months: 0

Investment Thesis

Focused on pan-African startups solving financial inclusion and supply chain bottlenecks in agriculture and trade.

How Africave Ventures invests

Africave Ventures is a vc firm based in Lagos, Nigeria. The firm invests at the Seed stage, with a focus on Other, Fintech, AI / ML, EdTech, Healthcare.

Africave Ventures typically writes checks of $250K–$1.0M per investment.

Africave Ventures has backed 66 companies in our records, including TradeLink Africa, Andela, uLesson.

Partners & Team

CE

Chuka Eze

Managing Partner

Financial Inclusion
Pan-Africa
RM

Robel Minassie

Partner

Industry Focus

Invests In

Other
Fintech
AI / ML
EdTech
Healthcare
Consumer
SaaS
Climate / Energy
Enterprise
Real Estate

Portfolio Companies (66)

Other

TR

TradeLink Africa

Supply Chain
AN

Andela

Technology

A platform for training software developers.

UL

uLesson

Education

An educational platform providing learning resources.

TW

Twiga Foods

Agriculture

A supply chain platform connecting farmers and vendors.

AU

Autochek

Automotive

A platform for automotive financing and services.

IL

Ilara Health

Healthcare

A healthcare company providing affordable diagnostics.

PU

Pula

Insurance

An insurtech company focused on agricultural insurance.

FL

Flextock

Logistics

A logistics platform for e-commerce businesses.

TR

TradeDepot

E-commerce

A B2B e-commerce platform for consumer goods.

WA

Wave

Fintech

A mobile money transfer service.

How to pitch Africave Ventures
  • •Raising at Seed? You're squarely in their sweet spot.
  • •Lead with your fit in Other, Fintech, AI / ML — the sectors they actively back.
  • •Size your ask to their typical $250K – $1.0M check.
  • •cold outreach ok
  • •Address your outreach to a specific partner, such as Chuka Eze, Managing Partner.
  • •A warm introduction beats a cold email. Get matched and request an intro.

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