HoaQ Fund
About HoaQ Fund
HoaQ Fund is a venture capital firm based in Pennsylvania, United States, dedicated to supporting early-stage technology startups in Africa and its diaspora. The firm focuses on sectors such as fintech, artificial intelligence, blockchain, and the Internet of Things, aiming to back founders with domain expertise and the potential for global scaling. HoaQ Fund primarily invests in pre-seed and seed-stage companies, providing capital ranging from $100,000 to $1 million. The firm's investment strategy emphasizes identifying founders who are addressing large, underserved markets with scalable solutions. HoaQ Fund has a track record of successful exits, including the acquisition of Baseline by Cloudflare and a 600% return from Raenest. These successes highlight the firm's ability to spot high-potential opportunities early and its commitment to providing transparency to investors. HoaQ Fund's extensive network includes over 750 angel investors and 100 ecosystem stakeholders across Africa and its diaspora. The firm collaborates with major players like Y Combinator, Techstars, and Visa Accelerator, further solidifying its position in the African tech investment landscape. With a portfolio of over 100 startups, HoaQ Fund continues to grow through strategic co-investments and partnerships with other leading investors.
Investment Mandate
Asset Classes1
Industry Focus4
Requirements
Founders with domain expertise, Potential for global scaling, Addressing large, underserved markets
Stated Portfolio5
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