Microtraction is an early-stage venture capital firm that invests in African technology startups at the pre-seed stage, providing $100,000 for 7% equity. Founded in 2017 and based in Lagos, Nigeria, the firm is sector-agnostic with notable focus areas including fintech, SaaS, health tech, edtech, crypto, gaming, and mobility.
They made 1 investment in the last 12 months. Their most common stage is pre-seed (76% of deals).
Portfolio
22
Fund Size
$15M
Top Stage
Pre Seed
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
29 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| JJamit | Pre-Seed | $500K | Feb 2026 |
 Wiassur | Seed | $300K | Nov 2023 |
 Clafiya | Pre-Seed | $610K | Jul 2023 |
| Clafiya | Pre-Seed | $610K | Jan 2023 |
 Pbr Life Sciences | Pre-Seed | $1M | Jan 2023 |
| PPBR Sciences | Pre-Seed | $1M | Jan 2023 |
 Gwala | Seed | $577K | Jan 2023 |
| Clafiya | Grant | $610K | Sep 2022 |
 Norebase | Pre-Seed | $1M | May 2022 |
| Norebase | Pre-Seed | $1M | Jan 2022 |
 Afropolitan | Pre-Seed | $2.1M | Jan 2022 |
 Vesti Technologies | Pre-Seed | $500K | Jan 2022 |
 Chaka | Pre-Seed | $1.5M | Jul 2021 |
 Bumpa | Pre-Seed | $200K | Jan 2021 |
| PPayday Africa | Pre-Seed | $3M | Jan 2021 |
 Sendbox | Pre-Seed | $1.8M | Jan 2021 |
 Bumpa | Pre-Seed | $200K | Jan 2021 |
| Sendbox | Pre-Seed | — | Jan 2018 |
| Chaka | Pre-Seed | — | — |
| Gwala | Unknown | $577K | — |
 Juicyway | Pre-Seed | $3M | — |
 Bitsika | Seed | $150K | — |
 Pivo | Pre-Seed | $100K | — |
| Vesti Technologies | Pre-Seed | $500K | — |
 Aya Data | Seed | $900K | — |
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Top Co-Investors
Voltron Capital8 shared
Y Combinator5 shared
Hustle Fund5 shared
MAGIC Fund5 shared
Future Africa4 shared
Techstars4 shared
4DX Ventures3 shared
Plug and Play Tech Center3 shared
Ingressive Capital3 shared
Golden Palm Investments2 shared
Binance2 shared
Launch Africa Ventures2 shared
Octerra Capital2 shared
Samurai Incubate2 shared
Gumroad2 shared
Blume Ventures2 shared
Enza Capital2 shared
Breyer Capital1 shared
Seedstars1 shared
Susa Ventures1 shared
Last updated: 20 October 2026