MAGIC Fund

MAGIC Fund is an early-stage venture capital firm founded by entrepreneurs for entrepreneurs, focusing on empowering visionary founders at the pre-seed and seed stages. The firm invests globally, targeting sectors such as fintech, health tech, mobile, agtech, retail tech, robotics, and AI. With a strategic emphasis on innovative solutions, MAGIC Fund aims to foster groundbreaking ideas and scalable solutions that address pressing challenges in today's economy. The fund's investment approach is centered on backing founders with first-hand experience, providing not only capital but also mentorship and industry expertise. By offering a supportive ecosystem, MAGIC Fund accelerates growth and drives meaningful impact for startups worldwide. The firm has invested in over 250 startups, including notable companies like PAYFAZZ, RETOOL, FRUBANA, Novo, Akido, and Homebase. MAGIC Fund's commitment to founders is reflected in its investment thesis, which focuses on supporting teams fully dedicated to their startup, especially the founders, and ventures with at least some form of market validation such as pilot programs, tested MVPs, or recurring traction. The firm employs a convertible note investment mechanism, with a program cost of $25,000, aiming to optimize return on capital for investors by diversifying investments across industries and countries while keeping each investment bite-sized.

Pre-Seed and Seed stage startups solving critical problems, Teams fully dedicated to their startup, especially the founders, Ventures with market validation such as pilot programs, tested MVPs, or recurring traction