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Fedha Capital is a sector-agnostic venture capital firm investing in early-stage African companies. It provides Seed and Series A funding, partnering with entrepreneurs to develop innovative products. A dedicated Spark Fund supplies crucial capital and resources to promising seed-stage ventures, accelerating their growth and market presence.
Established by five experienced entrepreneurs, the firm leverages a century of combined expertise in finance, real estate, and advisory. Their insight recognized Africa’s significant capital challenges. They founded Fedha Capital, believing support for visionary founders offers critical solutions for profound economic advancement.
Fedha Capital serves forward-thinking entrepreneurs building tomorrow's products in Nigeria and across Africa. Its mission is to inspire communities through strategic investments in efficient, pioneering founders. The firm aspires to be the premier financial partner for seed and early growth capital among sub-Saharan African startups, achieving lasting impact.
Fedha Capital has 4 tracked investments across 4 companies. The latest tracked deal is $11.0M Series A in ZirooPay in April 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 1, 2022 | ZirooPay | $11.0M Series A | Samson Esemuede | Inventure, Revalence Ventures, Vendep Capital, Abiodun Ajai, Abiodun Ajayi, Jonas Dromberg, Kurt Björklund, Petri Kivinen, Stephane Kurgan, Exotix Advisory, Nordic |
| Mar 1, 2022 | Spleet | $630K Seed | MetaProp | Accel, Anvaya Ventures, Sequoia Capital, Aaron Block, Larry Braitman, Lawrence Braitman, Jonathan Wasserstrum, Olugbenga Agboola, Future Africa, HoaQ Fund, Moonshot Ventures, VFD Group |
| Oct 1, 2021 | Bitmama | $350K Seed | Flori Ventures | Inovia Capital, Microtraction, Y Combinator, Emergence Capital |
| Aug 16, 2021 | Showlove | $300K Pre-Seed | Fedha Capital | — |