Nigeria's most active pre-seed fund — $25K for 7.5%
Microtraction is Nigeria's most active pre-seed fund, investing $25K for 7.5% equity in early-stage African tech startups. Founded by Yele Bademosi and Dayo Koleowo. Portfolio includes Buycoins (acquired by Yellow Card), Mono, Cowrywise, and many other breakout Nigerian startups. The fastest check in the Nigerian ecosystem — decisions in weeks, not months.
Best for
Use when
You're a Nigerian or African founder raising your very first institutional check and want a local investor who has seen the ecosystem grow from the ground up.
Skip when
You have already raised a pre-seed round or are at Series A. Microtraction focuses on first-check investments only.
The most accessible institutional pre-seed fund for Nigerian founders. Apply via their website. They move fast and understand African markets deeply.
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