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    Future Africa

    Lagos, NigeriaFounded 2016

    Future Africa is a venture capital firm that invests in early-stage (pre-seed and seed) technology or technology-enabled businesses across diverse sectors in Africa, including healthcare, agriculture, logistics, and finance. Their strategy focuses on empowering founders who are solving significant African challenges by providing capital, coaching, and community support, with an emphasis on companies that have a Minimum Viable Product (MVP).

    Their most common stage is seed (41% of deals). Average disclosed round size is $9.9M (across 21 rounds with reported amounts).

    Find people at Future Africa on Goldilocks AI

    Portfolio

    22

    Fund Size

    $30M

    Top Stage

    Seed

    Last 12 Mo

    0

    Team

    IA

    Iyinoluwa Aboyeji

    Founding Partner

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    22 investments
    CompanyRoundAmountDate
    Moove logoMooveSeries B$100MMar 2024
    Itana logoItanaPre-Seed$2MSep 2023
    Smile Identity logoSmile IdentitySeries B$20MFeb 2023
    NNexford UniversitySeries A$8MSep 2022
    Kibo School logoKibo SchoolSeed$2MJun 2022
    AAfropolitanPre-Seed$2.1MJun 2022
    Jumba logoJumbaPre-Seed$1MJun 2022
    FoondaMate logoFoondaMateSeed$2MMay 2022
    NNorebasePre-Seed$1MMay 2022
    Mecho Autotech logoMecho AutotechSeed$2.1MFeb 2022
    FFinclusion GroupPre-Seed$20MJan 2022
    WWowziSeed$2MDec 2021
    Kwara logoKwaraSeed$4MDec 2021
    Eden Life logoEden LifeSeed$1.4MOct 2021
    RReleafSeed$2.7MSep 2021
    Pngme logoPngmeSeries A$15MAug 2021
    CChakaPre-Seed$1.5MJul 2021
    Smile Identity logoSmile IdentitySeries A$7MJul 2021
    NNexford UniversitySeries A$10.8MJun 2021
    Lami Technologies logoLami TechnologiesSeed$1.8MMay 2021
    Termii logoTermiiSeed$1.4MMar 2021
    CCD CareUnknown

    Top Co-Investors

    LocalGlobe4 shared
    4DX Ventures3 shared
    Samurai Incubate3 shared
    Golden Palm Investments2 shared
    Loftyinc Capital2 shared
    Seedstars2 shared
    Intercept2 shared
    Enza Capital2 shared
    To.org1 shared
    Voltron Capital1 shared
    Twitch1 shared
    AAIC1 shared
    Consonance1 shared
    P1 Ventures1 shared
    New Markets Venture Partners1 shared

    Last updated: 12 April 2026