FUNDING Updated yesterday Microtraction Key Information Organisation Microtraction Status Open Type Pre-Seed Funding Amount USD 25,000 – 100,000 Apply Now Opens on the funder site DescriptionAn early-stage venture capital firm that funds Africa’s most remarkable technical founders at the pre-seed stage. Eligibility CriteriaAfrican founders building technology companies. Must have a working prototype or early market traction. Focus SectorsSector Agnostic (Tech-focused) Equity TermsStandard 7% equity for $25k, or up to $100k via SAFE notes for companies with slightly more traction.