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Undercurrent Capital

VC
Cape Town, South AfricaWebsite

Undercurrent Capital is a Seed, Series A venture capital firm based in Cape Town, South Africa investing in Other, SaaS. The firm typically writes $500K–$3.0M checks and has 2 portfolio companies in our records.

Check size
$500K–$3.0M
Portfolio
2 companies on record
Partners
1 listed
Stage
Seed, Series A
Sectors
Other, SaaS
HQ
Cape Town, South Africa
AUM
Not in our records

Last verified: 2026-07-15

How to approach: warm intro preferred
Stage

Seed, Series A

Check Size

$500K – $3.0M

Portfolio

2+ companies

Team

1 partner

Investor activity
Investments in last 12 months: 0

Investment Thesis

Specializes in blockchain and payment solutions solving liquidity and currency challenges in African and frontier markets.

How Undercurrent Capital invests

Undercurrent Capital is a vc firm based in Cape Town, South Africa. The firm invests at the Seed, Series A stages, with a focus on Other, SaaS. It does not invest in Consumer Tech, Gaming.

Undercurrent Capital typically writes checks of $500K–$3.0M per investment.

Undercurrent Capital has backed 2 companies in our records, including PayStream Africa, LiquidityFX.

Partners & Team

VA

Victor Adeyemi

Solo GP

Blockchain
Payments

Industry Focus

Invests In

Other
SaaS

Does Not Invest In

Consumer Tech
Gaming

Portfolio Companies (2)

Other

PA

PayStream Africa

Blockchain Payments
LI

LiquidityFX

FX Infrastructure
How to pitch Undercurrent Capital
  • Raising at Seed, Series A? You're squarely in their sweet spot.
  • Lead with your fit in Other, SaaS — the sectors they actively back.
  • Size your ask to their typical $500K – $3.0M check.
  • warm intro preferred
  • Address your outreach to a specific partner, such as Victor Adeyemi, Solo GP.
  • A warm introduction beats a cold email. Get matched and request an intro.

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