Mumbi Annstella

We invest in idea-stage and pre-seed fintechs globally, anchoring on founder-market fit. Our portfolio includes Pomelo, Simetrik, Sydecar, Stitch, Abhi and TripleA.

We invest in idea-stage and pre-seed fintechs globally, anchoring on founder-market fit. Our portfolio includes Pomelo, Simetrik, Sydecar, Stitch, Abhi and TripleA.

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.

Impact Africa Network is an ecosystem catalytic startup studio in Nairobi, Kenya on a mission to ensure young innovators can access Africas digital transformation opportunity as creators and owners. Africa is booming with young talent but lacking in entrepreneurial support structures. We are fixing that. We offer twelve month internships to college graduates, providing them with the opportunity to develop relevant professional skills, gain innovation experience, and the chance at being part of a startup founding team.