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FundingPre-Seed FundingOpen

Microtraction

Microtraction
USD 100KPan-African
FUNDINGUpdated 1 months ago

Microtraction

Key Information
Organisation
Microtraction
Status
Open
Application Deadline
Rolling
Type
Pre-Seed Funding
Amount
USD 25,000 to 100,000
Language
English
Apply NowOpens on the funder site
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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.