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Microtraction

Key Information
Organisation
Microtraction
Status
Open
Type
Pre-Seed Funding
Amount
USD 25,000 – 100,000
Apply Now Opens on the funder site

Description

An early-stage venture capital firm that funds Africa’s most remarkable technical founders at the pre-seed stage.

Eligibility Criteria

African founders building technology companies. Must have a working prototype or early market traction.

Focus Sectors

Sector Agnostic (Tech-focused)

Equity Terms

Standard 7% equity for $25k, or up to $100k via SAFE notes for companies with slightly more traction.

Startups That Could Apply

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Startup
Kasha Rwanda Women's health e-commerce
Rwanda
Startup
Instabug Mobile app performance from Cairo
Egypt
Startup
Union54 Zambia's fintech unicorn story
Zambia
Startup
Kiira Motors Corporation East Africa's first solar bus
Uganda
Startup
Trella Uber for trucks in MENA
Egypt
Startup
InstaDeep Tunisia AI champion acquired by BioNTech
Tunisia

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