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Cheque Size$30K to $50K
Stages2
Industries15
Markets20

About Cabal Fund

Cabal Fund is a collective of Africans from both the continent and the diaspora, pooling resources to invest in the future of Africa, one deal at a time. They focus on early-stage technology companies, particularly at the pre-seed and seed stages, providing quick investment decisions alongside established Nigerian VCs and investors. Their typical investment ranges from $30,000 to $50,000 per deal. The fund operates by raising capital upfront to execute multiple deals, ensuring swift decision-making and efficient deployment of funds. They handle all aspects of the investment process, including legal registration, fund transfers, and regular reporting, allowing investors to participate passively. Additionally, Cabal Fund organizes events to discuss investment progress and engage with founders and other stakeholders. Founded by Feyi Fawehinmi, a qualified accountant with nearly 20 years of experience in banking, private equity, asset management, and insurance, Cabal Fund leverages his expertise to support and scale innovative startups across Africa. Their approach emphasizes collaboration, transparency, and a commitment to fostering the growth of the continent's technology ecosystem.

Requirements

Innovative technology solutions, Scalable business models, Strong founding teams, Clear market demand, Potential for significant impact in Africa