AF

Africave Ventures

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.

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.

Meet the Team

RM

Robel Minassie

Partner

CE

Chuka Eze

Managing Partner

Financial Inclusion
Pan-Africa

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 Robel Minassie, Partner.
  • A warm introduction beats a cold email. Get matched and request an intro.

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