Microtraction

📍 Lagos, Nigeria🗓 Founded 2017👥 12 employees💰 Last funded Mar 2023
Venture Capital and Private Equity Principals🌐 microtraction.com
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Microtraction is an early-stage VC firm that provides pre-seed and seed capital to technology entrepreneurs at the earliest stages of their venture. We have backed companies like 54gene, Helicarrier, Termii, Cowrywise, to mention a few We believe long-term sustainable socio-economic development in Africa will be driven by entrepreneurs and innovations, and not by politicians or charity aids. Our mission is to accelerate Africa’s economic growth by enabling innovation and supporting technology entrepreneurs. Our principal role is to increase the number of venture bankable startups across the continent, creating the market for venture and growth-stage capital to follow on and ultimately bridging the pre-seed funding gap that currently exists. Microtraction is backed and advised by top local and global investors including Pave Investments, Chris Shultz, Michael Seibel, Monique and Andy Volk.
1
Total investors
0
Early stage
0
Mid stage
1
Late stage
2017
Founded

Investors

1 investors
All
Early stage
Mid stage
Late stage
Investor geography1 country
Nigeria
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Frequently asked questions
Who invested in Microtraction?
Microtraction has 1 investors on record on gritt.io and 1 late-stage investors.
When did Microtraction last raise funding?
The most recent investment in Microtraction recorded on gritt.io was in March 2023.
When was Microtraction founded?
Microtraction was founded in 2017.
What industry is Microtraction in?
Microtraction operates in Venture Capital and Private Equity Principals. Find similar Venture Capital and Private Equity Principals investors on gritt.io.
Where is Microtraction based?
Microtraction is headquartered in Lagos, Nigeria.